Sprint - Nextel 2015 Annual Report Download - page 147

Table of Contents
Index to Consolidated Financial Statements
SPRINT CORPORATION
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS
Successor
Year Ended March 31, 2015
Parent/Issuer
Subsidiary
Guarantor
Non-Guarantor
Subsidiaries
Eliminations
Consolidated
(inmillions)
Cash flows from operating activities:
Net cash (used in) provided by operating activities $ —
$(750)
$ 3,700
$(500)
$ 2,450
Cash flows from investing activities:
Capital expenditures - network and other —
—
(5,422)
—
(5,422)
Capital expenditures - leased devices —
—
(582)
—
(582)
Expenditures relating to FCC licenses —
—
(163)
—
(163)
Reimbursements relating to FCC licenses —
—
95
—
95
Proceeds from sales and maturities of short-term investments —
3,061
70
—
3,131
Purchases of short-term investments —
(1,987)
(90)
—
(2,077)
Change in amounts due from/due to consolidated affiliates —
(2,425)
—
2,425
—
Proceeds from sales of assets and FCC licenses —
—
315
—
315
Intercompany note advance to consolidated affiliate (1,481)
(343)
—
1,824
—
Other, net —
—
(11)
—
(11)
Net cash (used in) provided by investing activities (1,481)
(1,694)
(5,788)
4,249
(4,714)
Cash flows from financing activities:
Proceeds from debt and financings 1,500
300
130
—
1,930
Repayments of debt, financing and capital lease obligations —
—
(574)
—
(574)
Debt financing costs (21)
(5)
(61)
—
(87)
Proceeds from issuance of common stock, net —
35
—
—
35
Intercompany dividends paid to consolidated affiliate —
—
(500)
500
—
Change in amounts due from/due to consolidated affiliates 2
—
2,423
(2,425)
—
Intercompany note advance from parent —
1,481
343
(1,824)
—
Net cash provided by (used in) financing activities 1,481
1,811
1,761
(3,749)
1,304
Net decrease in cash and cash equivalents —
(633)
(327)
—
(960)
Cash and cash equivalents, beginning of period —
4,125
845
—
4,970
Cash and cash equivalents, end of period $ —
$ 3,492
$ 518
$ —
$ 4,010
F-62