Sprint Corporation (S) financial statements (2021 and earlier)

Company profile

Business Address 6200 SPRINT PARKWAY
OVERLAND PARK, KS 66251
State of Incorp.
Fiscal Year End March 31
SIC 4813 - Telephone Communications, Except Radiotelephone (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2019
TTM
3/31/2019
3/31/2018
3/31/2017
3/31/2016
3/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments3,2417,0498,9648,3143,796 
Cash and cash equivalents3,1796,9826,6102,8702,641 
Short-term investments62672,3545,4441,155 
Receivables3,8733,5543,7114,1381,099 
Inventory, net of allowances, customer advances and progress billings1,1179991,0031,0641,173 
Inventory1,1179991,0031,0641,173 
Prepaid expense 278263298366 
Deferred costs 321312303399 
Other undisclosed current assets1,224690    
Total current assets:9,45512,89114,25314,1176,833 
Noncurrent Assets
Property, plant and equipment20,82721,20119,92519,20920,297 
Intangible assets, net (including goodwill)47,00847,83250,36050,48451,117 
Goodwill4,5984,5986,5866,5796,575 
Intangible assets, net (excluding goodwill)42,41043,23443,77443,90544,542 
Other noncurrent assets1,0911,1189211,313728 
Other undisclosed noncurrent assets8,5211,559    
Total noncurrent assets:77,44771,71071,20671,00672,142 
TOTAL ASSETS:86,90284,60185,45985,12378,975 
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities6,7317,5587,3717,4227,273 
Accounts payable3,3963,9613,4093,2812,899 
Accrued liabilities3,3353,5973,9624,1414,374 
Debt3,8804,5573,4295,0364,690 
Other undisclosed current liabilities1,860     
Total current liabilities:12,47112,11510,80012,45811,963 
Noncurrent Liabilities
Long-term debt and lease obligation, including:33,50735,36637,46335,87829,268 
Other undisclosed long-term debt and lease obligation33,50735,36637,46335,87829,268 
Liabilities, other than long-term debt9,7468,8539,32917,97917,961 
Deferred revenue and credits605   
Asset retirement obligations 622486   
Deferred tax liabilities, net7,0387,5567,29414,41613,959 
Off-market lease, unfavorable 200337   
Other liabilities2,7084756073,5634,002 
Other undisclosed noncurrent liabilities5,4232,1401,448   
Total noncurrent liabilities:48,67646,35948,24053,85747,229 
Total liabilities:61,14758,47459,04066,31559,192 
Stockholders' equity
Stockholders' equity attributable to parent25,75526,07226,35618,80819,783 
Common stock4141404040 
Treasury stock, value(9)   (3) 
Additional paid in capital28,40228,30627,88427,75627,563 
Accumulated other comprehensive loss(453)(392)(313)(404)(439) 
Accumulated deficit(2,226)(1,883)(1,255)(8,584)(7,378) 
Stockholders' equity attributable to noncontrolling interest 5563   
Total stockholders' equity:25,75526,12726,41918,80819,783 
TOTAL LIABILITIES AND EQUITY:86,90284,60185,45985,12378,975 

Income statement (P&L) ($ in millions)

12/31/2019
TTM
3/31/2019
3/31/2018
3/31/2017
3/31/2016
3/31/2015
Revenues24,01733,60032,40633,347  
Revenue, net23,83433,347  
Cost of revenue(5,203)(6,664)(21,592)(23,569)(93) 
Cost of goods and services sold(5,203) (6,801)(14,938)  
Financial services costs  (93) 
Gross profit:18,81426,93610,8149,778(93) 
Operating expenses(6,468)(9,774)(8,087)(8,014)321 
Other operating income (expense), net(106)648471   
Other undisclosed operating loss(11,482)(17,412)(471)   
Operating income:7583982,7271,764228 
Nonoperating expense(1,766)(2,376)(2,424)(2,535)  
Interest and debt expense(1,802)(2,563)(65)(2,495)  
Income (loss) from continuing operations before equity method investments, income taxes:(2,810)(4,541)238(3,266)228 
Other undisclosed income from continuing operations before income taxes1,8022,563652,495  
Income (loss) from continuing operations before income taxes:(1,008)(1,978)303(771)228 
Income tax expense (benefit)494357,074(435)  
Net income (loss):(514)(1,943)7,377(1,206)228 
Net income attributable to noncontrolling interest9 12   
Net income (loss) available to common stockholders, diluted:(505)(1,943)7,389(1,206)228 

Comprehensive Income ($ in millions)

12/31/2019
TTM
3/31/2019
3/31/2018
3/31/2017
3/31/2016
3/31/2015
Net income (loss):(514)(1,943)7,377(1,206)228 
Other comprehensive income (loss)(61)(71)3135  
Comprehensive income (loss):(575)(2,014)7,408(1,171)228 
Comprehensive income, net of tax, attributable to noncontrolling interest9 12   
Other undisclosed comprehensive loss, net of tax, attributable to parent(9) (12)   
Comprehensive income (loss), net of tax, attributable to parent:(575)(2,014)7,408(1,171)228 

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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