{"text_format":"1","workbook":"xlsx","n_sheets":9,"sheets":["Wireless Stats","Wireless Device Financing","IS","Wireless SoP","Wireline SoP","CF & FCF","BS","Financial Measures","Safe Harbor"],"not_rendered":{"charts":0,"images":0,"macros":1,"external_links":18,"defined_names":514,"comments":0,"pivot_tables":0},"unopened":[],"bounds":{"document_bytes":16777216,"sheet_cells":100000,"rows_first":2000,"rows_last":500,"rows_between":2000,"halvings":0,"cell_chars":16384,"cell_head_chars":4096},"cells_cut":0,"cells_raw":0,"read":"whole","date_system":"1900"}

{"sheet":"Wireless Stats","index":0,"n_rows":70,"n_cols":9,"rows_kept":70,"cut":false,"hidden":false,"merged":[[3,1,3,8],[37,1,37,8],[48,1,48,8],[63,0,63,8],[68,0,68,8],[59,0,59,8],[64,0,64,8],[69,0,69,8],[67,0,67,8],[66,0,66,8],[60,0,60,8],[62,0,62,8],[61,0,61,8],[65,0,65,8]]}
[]
[]
["Wireless Operating Statistics (Unaudited)"]
[null,"Quarter To Date"]
[null,"2017-06-30","2017-09-30","2017-12-31","2018-03-31","2018-06-30","2018-09-30","2018-12-31","2019-03-31"]
["Net additions (losses) (in thousands)"]
["Postpaid",-39,168,256,39,123,109,309,169]
["Postpaid phone",88,279,184,55,87.085999999999999,-34,-26,-189]
["Prepaid (a)",35,95,63,170,3,-14,-173,-30]
["Wholesale and affiliate (a)",65,115,66,-165,-69,-115,-88,-147]
["Total wireless net additions (losses)",61,378,385,44,57,-20,48,-8]
[]
["End of period connections (in thousands)"]
["Postpaid (b) (c) (d) ",31518,31686,31942,32119,32187,32296,32605,32774]
["Postpaid phone (b) (c)",26153,26432,26616,26813,26847,26813,26787,26598]
["Prepaid (a) (b) (c) (e) (g)",8719,8765,8997,8989,9033,9019,8846,8816]
["Wholesale and affiliate (a) (c) (f)",13461,13576,13642,13517,13347,13232,13044,12897]
["Total end of period connections",53698,54027,54581,54625,54567,54547,54495,54487]
[]
["Churn (h)"]
["Postpaid",1.6500000000000001E-2,1.72E-2,1.7999999999999999E-2,1.78E-2,1.6299999999999999E-2,1.78E-2,1.8499999999999999E-2,1.8100000000000002E-2]
["Postpaid phone",1.4999999999999999E-2,1.5900000000000001E-2,1.7100000000000001E-2,1.6799999999999999E-2,1.55E-2,1.7299999999999999E-2,1.84E-2,1.8200000000000001E-2]
["Prepaid",4.5699999999999998E-2,4.8300000000000003E-2,4.6300000000000001E-2,4.2999999999999997E-2,4.1700000000000001E-2,4.7399999999999998E-2,4.8300000000000003E-2,4.3700000000000003E-2]
[]
["Supplemental data - connected devices"]
["End of period connections (in thousands)"]
["Retail postpaid",2091,2158,2259,2335,2429,2585,2821,3121]
["Wholesale and affiliate",11100,11221,11272,11162,10963,10838,10563,10384]
["Total",13191,13379,13531,13497,13392,13423,13384,13505]
[]
["ARPU (i)"]
["Postpaid",47.3,46,45.13,44.4,43.55,43.99,43.64,43.25]
["Postpaid phone",53.92,52.34,51.26,50.44,49.57,50.16,50.01,50.18]
["Prepaid",38.24,37.83,37.46,37.15,36.270000000000003,35.4,34.53,33.67]
[]
["NON-GAAP RECONCILIATION - ABPA* AND ABPU* (Unaudited)"]
["(Millions, except accounts, connections, ABPA*, and ABPU*)"]
[null,"Quarter To Date"]
[null,"2017-06-30","2017-09-30","2017-12-31","2018-03-31","2018-06-30","2018-09-30","2018-12-31","2019-03-31"]
["ABPA*"]
["Postpaid service revenue",4466,4363,4297,4270,4188,4255,4236,4231]
["Add: Installment plan and non-operating lease billings ",368,397,379,368,352,326,306,273]
["Add: Lease revenue - operating",899,966,1047,1136,1212,1253,1313,1359]
["Total for postpaid connections",5733,5726,5723,5774,5752,5834,5855,5863]
[]
["Average postpaid accounts (in thousands)",11312.2933333333,11277.306500000001,11193.0678333333,11258.808999999999,11176.3235,11207.000166666699,11195.6906666667,11184.036]
["Postpaid ABPA* (j)",168.95,169.25,170.39,171.38,171.57,173.53,174.32,174.75]
[]
[]
[null,"2017-06-30","2017-09-30","2017-12-31","2018-03-31","2018-06-30","2018-09-30","2018-12-31","2019-03-31"]
["Postpaid phone ABPU*"]
["Postpaid phone service revenue",4214,4132,4069,4048,3977,4038,4014,4012]
["Add: Installment plan and non-operating lease billings ",332,358,335,324,307,279,253,213]
["Add: Lease revenue - operating",887,953,1037,1126,1204,1247,1307,1354]
["Total for postpaid phone connections",5433,5443,5441,5498,5488,5564,5574,5579]
[]
["Postpaid average phone connections (in thousands)",26051.547999999999,26311.544999999998,26460.989000000001,26753.815999999999,26744.899000000001,26838.116000000002,26751.213,26651.684000000001]
["Postpaid phone ABPU* (k)",69.510000000000005,68.95,68.540000000000006,68.510000000000005,68.41,69.099999999999994,69.45,69.790000000000006]
[]
["(a)  Sprint is no longer reporting Lifeline subscribers due to regulatory changes resulting in tighter program restrictions. We have excluded them from our customer base for all periods presented, including our Assurance Wireless prepaid brand and subscribers through our wholesale Lifeline MVNOs."]
["(b)  During the three-month period ended March 31, 2018, a non-Sprint branded postpaid offering was introduced allowing prepaid customers to purchase a device under our installment billing program. As a result of the extension of credit, approximately 167,000 prepaid subscribers were migrated from the prepaid subscriber base into the postpaid subscriber base. During the three-month period ended June 30, 2018, we ceased selling devices in our installment billing program under one of our brands and as a result, 45,000 subscribers were migrated back to prepaid."]
["(c)  As a result of our affiliate agreement with Shentel, certain subscribers have been transferred from postpaid and prepaid to affiliates. During the three-month period ended June 30, 2017, 17,000 and 4,000 subscribers were transferred from postpaid and prepaid, respectively, to affiliates. During the three-month period ended March 31, 2018, 29,000 and 11,000 subscribers were transferred from postpaid and prepaid, respectively, to affiliates. During the three-month period ended June 30, 2018, 10,000 and 4,000 subscribers were transferred from postpaid and prepaid, respectively, to affiliates. "]
["(d)  During the three-month period ended June 30, 2017, 2,000 Wi-Fi connections were adjusted from the postpaid subscriber base."]
["(e)  During the three-month period ended September 30, 2017, the Prepaid Data Share platform It's On was decommissioned as the Company continues to focus on higher value contribution offerings resulting in a 49,000 reduction to prepaid end of period subscribers."]
["(f)  On April 1, 2018, approximately 115,000 wholesale subscribers were removed from the subscriber base with no impact to revenue. During the three-month period ended December 31, 2018, an additional 100,000 wholesale subscribers were removed from the subscriber base with no impact to revenue."]
["(g)  During the three-month period ended December 31, 2017, prepaid end of period subscribers increased by 169,000 in conjunction with the PRWireless HoldCo, LLC joint venture."]
["(h)  In the quarter ended June 30, 2017, the Company enhanced subscriber reporting to better align certain early-life gross activations and deactivations. This enhancement had no impact to net additions, but did result in reporting lower gross additions and lower deactivations in the quarter. Without this enhancement, total postpaid churn in the quarter would have been 1.73 percent versus 1.65 percent."]
["(i)  ARPU is calculated by dividing service revenue by the sum of the monthly average number of connections in the applicable service category. Changes in average monthly service revenue reflect connections for either the postpaid or prepaid service category who change rate plans, the level of voice and data usage, the amount of service credits which are offered to connections, plus the net effect of average monthly revenue generated by new connections and deactivating connections.  Postpaid phone ARPU represents revenues related to our postpaid phone connections."]
["(j)  Postpaid ABPA* is calculated by dividing postpaid service revenue earned from postpaid customers plus billings from installment plans and non-operating leases, as well as equipment rentals, by the sum of the monthly average number of postpaid accounts during the period. Installment plan billings represent the substantial majority of the total billings in the table above for all periods presented."]
["(k)  Postpaid phone ABPU* is calculated by dividing service revenue earned from postpaid phone customers plus billings from installment plans and non-operating leases, as well as equipment rentals, by the sum of the monthly average number of postpaid phone connections during the period. Installment plan billings represent the substantial majority of the total billings in the table above for all periods presented."]

{"sheet":"Wireless Device Financing","index":1,"n_rows":33,"n_cols":9,"rows_kept":33,"cut":false,"hidden":false,"merged":[[4,1,4,8]]}
[]
[]
["Wireless Device Financing (Unaudited)"]
["(Millions, except sales, connections, and leased devices in property, plant and equipment)"]
[null,"Quarter To Date"]
[null,"2017-06-30","2017-09-30","2017-12-31","2018-03-31","2018-06-30","2018-09-30","2018-12-31","2019-03-31"]
[]
["Postpaid activations (in thousands)",3668,3917,4874,3737,3473,3772,4462,3730]
["Postpaid activations financed",0.85,0.85,0.84,0.84,0.83,0.81,0.81,0.79]
["Postpaid activations - operating leases",0.55000000000000004,0.68,0.72,0.7,0.7,0.59,0.63,0.57999999999999996]
[]
["Installment plans"]
["Installment sales financed",553,268,276,214,213,255,357,368]
["Installment billings",368,373,353,342,325,292,251,219]
["Installment receivables, net",1792,1583,1383,1149,983,838,894,926]
[]
["Equipment rentals and depreciation - equipment rentals"]
["Equipment rentals",899,966,1047,1136,1212,1253,1313,1359]
["Depreciation - equipment rentals",854,888,990,1060,1136,1181,1137,1084]
[]
["Leased device additions"]
["Cash paid for capital expenditures - leased devices",1359,1706,2468,1928,1817,1707,2215,1702]
[]
["Leased devices  "]
["Leased devices in property, plant and equipment, net",4336,4709,5683,6012,6213,6184,6683,6612]
[]
["Leased device units"]
["Leased devices in property, plant and equipment (units in thousands)",12223,13019,14002,14543,15169,15392,15897,15889]
[]
["Leased device and receivables financings net proceeds"]
["Proceeds",765,789,1125,0,1356,1527,2200,1783]
["Repayments",-273,-1148,-598,-555,-1070,-1200,-1900,-2500]
["Net proceeds (repayments) of financings related to devices receivables",492,-359,527,-555,286,327,300,-717]

{"sheet":"IS","index":2,"n_rows":72,"n_cols":9,"rows_kept":72,"cut":false,"hidden":false,"merged":[[41,1,41,8],[71,0,71,8],[3,1,3,8]]}
[]
["CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited)**"]
["(Millions, except per share data)"]
[null,"Quarter To Date"]
[null,"2017-06-30","2017-09-30","2017-12-31","2018-03-31","6/30/18^","9/30/18^","12/31/18^","3/31/19^"]
[]
["Net operating revenues"]
["Service revenue",6071,5967,5930,5866,5740,5762,5699,5656]
["Equipment sales",1187,994,1262,1081,1173,1418,1589,1426]
["Equipment rentals",899,966,1047,1136,1212,1253,1313,1359]
["Total net operating revenues",8157,7927,8239,8083,8125,8433,8601,8441]
["Net operating expenses"]
["Cost of services (exclusive of depreciation and amortization below)",1709,1698,1733,1661,1677,1694,1648,1645]
["Cost of equipment sales",1545,1404,1673,1487,1270,1517,1734,1561]
["Cost of equipment rentals (exclusive of depreciation below)",112,112,123,146,124,151,182,186]
["Selling, general and administrative",1938,2013,2108,2028,1867,1861,2003,2043]
["Depreciation - network and other",977,997,987,1015,1023,1021,1088,1113]
["Depreciation - equipment rentals",854,888,990,1060,1136,1181,1137,1084]
["Amortization",223,209,196,184,171,159,145,133]
["Goodwill impairment",0,0,0,0,0,0,0,2000]
["Other, net",-364,5,-298,266,42,71,185,350]
["Total net operating expenses",6994,7326,7512,7847,7310,7655,8122,10115]
["Operating income (loss)",1163,601,727,236,815,778,479,-1674]
["Interest expense",-613,-595,-581,-576,-637,-633,-664,-629]
["Other (expense) income, net",-52,44,-42,-9,42,79,32,34]
["Income (loss) before income taxes",498,50,104,-349,220,224,-153,-2269]
["Income tax (expense) benefit",-292,-98,7052,412,-47,-17,8,91]
["Net income (loss)",206,-48,7156,63,173,207,-145,-2178]
["Less: Net loss (income) attributable to noncontrolling interests",0,0,6,6,3,-11,4,4]
["Net income (loss) attributable to Sprint Corporation",206,-48,7162,69,176,196,-141,-2174]
[]
["Basic net income (loss) per common share attributable to Sprint Corporation",0.05,-0.01,1.79,0.02,0.04,0.05,-0.03,-0.53]
["Diluted net income (loss) per common share attributable to Sprint Corporation",0.05,-0.01,1.76,0.02,0.04,0.05,-0.03,-0.53]
["Basic weighted average common shares outstanding",3993,3998,4001,4004,4010,4061,4078,4080]
["Diluted weighted average common shares outstanding",4076,3998,4061,4055,4061,4124,4078,4080]
[]
["Effective tax rate",0.58634538152610438,1.96,-67.807692307692307,1.180515759312321,0.21363636363636362,7.5892857142857137E-2,5.2287581699346407E-2,4.0105773468488322E-2]
[]
[]
["NON-GAAP RECONCILIATION - NET INCOME (LOSS) TO ADJUSTED EBITDA* (Unaudited)"]
["(Millions)"]
[null,"Quarter To Date"]
[null,"2017-06-30","2017-09-30","2017-12-31","2018-03-31","6/30/18^","9/30/18^","12/31/18^","3/31/19^"]
[]
["Net income (loss)",206,-48,7156,63,173,207,-145,-2178]
["Income tax expense (benefit)",292,98,-7052,-412,47,17,-8,-91]
["Income (loss) before income taxes",498,50,104,-349,220,224,-153,-2269]
["Other expense (income), net",52,-44,42,9,-42,-79,-32,-34]
["Interest expense",613,595,581,576,637,633,664,629]
["Operating income (loss)",1163,601,727,236,815,778,479,-1674]
["Depreciation - network and other",977,997,987,1015,1023,1021,1088,1113]
["Depreciation - equipment rentals",854,888,990,1060,1136,1181,1137,1084]
["Amortization",223,209,196,184,171,159,145,133]
["EBITDA*",3217,2695,2900,2495,3145,3139,2849,656]
["(Gain) loss from asset dispositions, exchanges, and other, net",-304,0,0,189,0,68,105,304]
["Severance and exit costs",0,0,13,67,8,25,30,22]
["Contract terminations (benefits) costs",-5,0,0,0,34,0,0,0]
["Merger costs",0,0,0,0,93,56,67,130]
["Litigation expenses and other contingencies",-55,0,-260,10,0,0,50,24]
["Goodwill impairment",0,0,0,0,0,0,0,2000]
["Hurricanes",0,34,66,7,0,-32,0,0]
["Adjusted EBITDA*",2853,2729,2719,2768,3280,3256,3101,3136]
[]
["Adjusted EBITDA margin*",0.46993905452149565,0.45734875146639853,0.45851602023608767,0.47187180361404707,0.5714285714285714,0.56508156889968764,0.54413054921916126,0.5544554455445545]
[]
["Selected items:"]
["Cash paid for capital expenditures - network and other",1151,692,696,780,1132,1266,1416,1149]
["Cash paid for capital expenditures - leased devices",1359,1706,2468,1928,1817,1707,2215,1702]
[]
[]
["**Certain prior period amounts have been reclassified to conform to the current period presentation."]
["^The Company adopted Accounting Standard Update 2014-09, Revenue from Contracts with Customers (Topic 606) effective April 1, 2018, using the modified retrospective method. This method does not impact the prior periods, which continue to reflect the accounting treatment prior to the adoption of Topic 606. As a result, for items that were effected by adoption of Topic 606, financials results of periods prior to April 1, 2018 are not comparable to the current period financial results. To provide comparability to our current period results, please see the reconciliations of adjustments from the adoption of Topic 606 relative to Topic 605 included in the tables to our quarterly earnings release."]

{"sheet":"Wireless SoP","index":3,"n_rows":56,"n_cols":9,"rows_kept":56,"cut":false,"hidden":false,"merged":[[33,1,33,8],[55,0,55,8],[3,1,3,8]]}
[]
["WIRELESS STATEMENTS OF OPERATIONS (Unaudited)**"]
["(Millions)"]
[null,"Quarter To Date"]
[null,"2017-06-30","2017-09-30","2017-12-31","2018-03-31","6/30/18^","9/30/18^","12/31/18^","3/31/19^"]
["Net operating revenues"]
["Service revenue"]
["Postpaid",4466,4363,4297,4270,4188,4255,4236,4231]
["Prepaid",999,990,993,989,982,954,924,886]
["Wholesale, affiliate and other",259,296,329,314,290,289,289,292]
["Total service revenue",5724,5649,5619,5573,5460,5498,5449,5409]
[]
["Equipment sales",1187,994,1262,1081,1173,1418,1589,1426]
["Equipment rentals",899,966,1047,1136,1212,1253,1313,1359]
["Total net operating revenues",7810,7609,7928,7790,7845,8169,8351,8194]
[]
["Net operating expenses"]
["Cost of services (exclusive of depreciation and amortization below)",1412,1422,1466,1401,1429,1466,1439,1462]
["Cost of equipment sales",1545,1404,1673,1487,1270,1517,1734,1561]
["Cost of equipment rentals (exclusive of depreciation below)",112,112,123,146,124,151,182,186]
["Selling, general and administrative",1875,1936,2024,1947,1704,1749,1885,1854]
["Depreciation - network and other",925,944,931,968,972,968,1035,1064]
["Depreciation - equipment rentals",854,888,990,1060,1136,1181,1137,1084]
["Amortization",223,209,196,184,171,159,145,133]
["Other, net",-314,5,16,258,37,58,185,349]
["Total net operating expenses",6632,6920,7419,7451,6843,7249,7742,7693]
["Operating income",1178,689,509,339,1002,920,609,501]
[]
[]
[]
[]
["WIRELESS NON-GAAP RECONCILIATION (Unaudited)"]
["(Millions)"]
[]
[null,"2017-06-30","2017-09-30","2017-12-31","2018-03-31","6/30/18^","9/30/18^","12/31/18^","3/31/19^"]
[]
["Operating income",1178,689,509,339,1002,920,609,501]
["(Gain) loss from asset dispositions, exchanges, and other, net",-304,0,0,189,0,68,105,304]
["Severance and exit costs",-5,0,4,59,3,12,30,21]
["Contract terminations costs (benefits)",-5,0,0,0,34,0,0,0]
["Litigation expenses and other contingencies",0,0,63,10,0,0,50,24]
["Hurricanes",0,34,66,7,0,-32,0,0]
["Depreciation - network and other",925,944,931,968,972,968,1035,1064]
["Depreciation - equipment rentals",854,888,990,1060,1136,1181,1137,1084]
["Amortization",223,209,196,184,171,159,145,133]
["Adjusted EBITDA*",2866,2764,2759,2816,3318,3276,3111,3131]
[]
["Adjusted EBITDA margin*",0.50069881201956679,0.48929013984776065,0.49101263570030257,0.50529337879059755,0.60769230769230764,0.5958530374681702,0.57093044595338593,0.57885006470696987]
[]
["Selected items:"]
["Cash paid for capital expenditures - network and other",965,549,565,681,1019,1101,1242,973]
["Cash paid for capital expenditures - leased devices",1359,1706,2468,1928,1817,1707,2215,1702]
[]
[]
["**Certain prior period amounts have been reclassified to conform to the current period presentation."]
["^The Company adopted Accounting Standard Update 2014-09, Revenue from Contracts with Customers (Topic 606) effective April 1, 2018, using the modified retrospective method. This method does not impact the prior periods, which continue to reflect the accounting treatment prior to the adoption of Topic 606. As a result, for items that were effected by adoption of Topic 606, financials results of periods prior to April 1, 2018 are not comparable to the current period financial results. To provide comparability to our current period results, please see the reconciliations of adjustments from the adoption of Topic 606 relative to Topic 605 included in the tables to our quarterly earnings release."]

{"sheet":"Wireline SoP","index":4,"n_rows":33,"n_cols":9,"rows_kept":33,"cut":false,"hidden":false,"merged":[[19,1,19,8],[3,1,3,8]]}
[]
["WIRELINE STATEMENTS OF OPERATIONS (Unaudited)"]
["(Millions)"]
[null,"Quarter To Date"]
[null,"2017-06-30","2017-09-30","2017-12-31","2018-03-31","2018-06-30","2018-09-30","2018-12-31","2019-03-31"]
[]
["Net operating revenues",433,409,393,344,338,328,316,314]
[]
["Net operating expenses"]
["Cost of services (exclusive of depreciation and amortization below)",387,372,352,316,311,295,280,255]
["Selling, general and administrative",57,66,71,76,69,53,52,50]
["Depreciation and amortization",51,49,55,50,49,51,51,46]
["Other, net",5,0,-314,9,5,13,0,1]
["Total net operating expenses",500,487,164,451,434,412,383,352]
["Operating (loss) income",-67,-78,229,-107,-96,-84,-67,-38]
[]
[]
["WIRELINE NON-GAAP RECONCILIATION (Unaudited)"]
["(Millions)"]
[null,"Quarter To Date"]
[null,"2017-06-30","2017-09-30","2017-12-31","2018-03-31","2018-06-30","2018-09-30","2018-12-31","2019-03-31"]
[]
["Operating (loss) income",-67,-78,229,-107,-96,-84,-67,-38]
["Loss from asset dispositions, exchanges, and other, net",0,0,0,1,0,0,0,0]
["Severance and exit costs",5,0,9,8,5,13,0,1]
["Litigation expenses and other contingencies",0,0,-323,0,0,0,0,0]
["Depreciation and amortization",51,49,55,50,49,51,51,46]
["Adjusted EBITDA*",-11,-29,-30,-48,-42,-20,-16,9]
[]
["Adjusted EBITDA margin*",-2.5404157043879907E-2,-7.090464547677261E-2,-7.6335877862595422E-2,-0.13953488372093023,-0.1242603550295858,-6.097560975609756E-2,-5.0632911392405063E-2,2.8662420382165606E-2]
[]
["Selected items:"]
["Cash paid for capital expenditures - network and other",62,40,30,34,51,55,64,72]

{"sheet":"CF & FCF","index":5,"n_rows":74,"n_cols":9,"rows_kept":74,"cut":false,"hidden":false,"merged":[[55,1,55,8]]}
[]
[]
["CONDENSED CONSOLIDATED CASH FLOW INFORMATION (Unaudited)**"]
["(Millions)"]
[null,"3 months ended","6 months ended","9 months ended","12 months ended","3 months ended","6 months ended","9 months ended","12 months ended"]
[null,"2017-06-30","2017-09-30","2017-12-31","2018-03-31","6/30/18","9/30/18","12/31/18","3/31/19"]
["Operating activities"]
["Net income (loss)",206,158,7314,7377,173,380,235,-1943]
["Goodwill impairment",0,0,0,0,0,0,0,2000]
["Depreciation and amortization",2054,4148,6321,8580,2330,4691,7061,9391]
["Provision for losses on accounts receivable",102,199,312,362,57,166,278,394]
["Share-based and long-term incentive compensation expense ",41,87,137,182,40,68,101,132]
["Deferred income tax expense (benefit)",282,364,-6707,-7119,39,39,25,-85]
["Gains from asset dispositions and exchanges",-479,-479,-479,-479,0,0,0,0]
["Loss on early extinguishment of debt",66,65,65,65,0,0,0,0]
["Amortization of long-term debt premiums, net",-51,-90,-125,-158,-33,-67,-94,-112]
["Loss on disposal of property, plant and equipment",293,410,533,868,124,343,642,1135]
["Litigation and other contingencies",-55,-55,-23,-13,0,0,50,74]
["Deferred purchase price from sale of receivables ",-375,-640,-909,-1140,-170,-223,-223,-223]
["Other changes in assets and liabilities:"]
["Accounts and notes receivable",-53,-179,-74,83,273,85,65,-150]
["Inventories and other current assets ",181,541,570,745,421,168,248,279]
["Accounts payable and other current liabilities ",-474,-161,-104,17,-766,-95,-530,-142]
["Non-current assets and liabilities, net ",73,183,260,271,-197,-384,-601,-728]
["Other, net ",113,175,318,421,139,186,325,407]
["Net cash provided by operating activities",1924,4726,7409,10062,2430,5357,7582,10429]
[""]
["Investing activities"]
["Capital expenditures - network and other",-1151,-1843,-2539,-3319,-1132,-2398,-3814,-4963]
["Capital expenditures - leased devices",-1359,-3065,-5533,-7461,-1817,-3524,-5739,-7441]
["Expenditures relating to FCC licenses",-13,-19,-92,-115,-59,-70,-145,-163]
["Change in short-term investments, net",1095,3834,5271,3090,-1654,-832,1467,2032]
["Proceeds from sales of assets and FCC licenses",101,218,367,527,133,272,416,591]
["Proceeds from deferred purchase price from sale of receivables",375,640,909,1140,170,223,223,223]
["Proceeds from corporate owned life insurance policies",2,2,2,2,0,0,110,110]
["Other, net",-3,-4,-1,1,-10,42,52,69]
["Net cash used in investing activities ",-953,-237,-1616,-6135,-4369,-6287,-7430,-9542]
[""]
["Financing activities"]
["Proceeds from debt and financings",902,1860,3073,8529,1370,2944,6416,9307]
["Repayments of debt, financing and capital lease obligations",-2121,-4261,-7159,-8518,-1415,-2928,-6937,-9764]
["Debt financing costs",0,-9,-19,-93,-248,-248,-286,-321]
["Call premiums paid on debt redemptions",-129,-129,-129,-131,0,0,0,0]
["Proceeds from issuance of common stock, net",9,1,12,21,-2,276,281,291]
["Other, net",-24,-22,-18,-18,0,0,0,4]
["Net cash (used in) provided by financing activities ",-1363,-2560,-4240,-210,-295,44,-526,-483]
[]
["Net (decrease) increase in cash, cash equivalents and restricted cash",-392,1929,1553,3717,-2234,-886,-374,404]
[""]
["Cash, cash equivalents and restricted cash, beginning of period",2942,2942,2942,2942,6659,6659,6659,6659]
["Cash, cash equivalents and restricted cash, end of period",2550,4871,4495,6659,4425,5773,6285,7063]
[]
[]
["RECONCILIATION TO CONSOLIDATED FREE CASH FLOW* (NON-GAAP) (Unaudited)"]
["(Millions)"]
[null,"Quarter To Date"]
[null,"2017-06-30","2017-09-30","2017-12-31","2018-03-31","6/30/18","9/30/18","12/31/18","3/31/19"]
[]
["Net cash provided by operating activities",1924,2802,2683,2653,2430,2927,2225,2847]
[]
["Capital expenditures - network and other",-1151,-692,-696,-780,-1132,-1266,-1416,-1149]
["Capital expenditures - leased devices",-1359,-1706,-2468,-1928,-1817,-1707,-2215,-1702]
["Expenditures relating to FCC licenses, net",-13,-6,-73,-23,-59,-11,-75,-18]
["Proceeds from sales of assets and FCC licenses",101,117,149,160,133,139,144,175]
["Proceeds from deferred purchase price from sale of receivables",375,265,269,231,170,53,0,0]
["Other investing activities, net",-1,-1,6,2,-3,63,129,25]
["Free cash flow*",-124,779,-130,315,-278,198,-1208,178]
[]
["Net proceeds (repayments) of financings related to devices and receivables",492,-359,527,-555,286,327,300,-717]
["Adjusted free cash flow*",368,420,397,-240,8,525,-908,-539]
[]
[]
[]
["**Certain prior period amounts have been reclassified to conform to the current period presentation."]

{"sheet":"BS","index":6,"n_rows":47,"n_cols":9,"rows_kept":47,"cut":false,"hidden":false,"merged":[[46,0,46,8],[3,1,3,8]]}
[]
["CONDENSED CONSOLIDATED BALANCE SHEETS"]
["(Millions)"]
[null,"Year To Date"]
[null,"2017-06-30","2017-09-30","2017-12-31","2018-03-31","6/30/18^","9/30/18^","12/31/18^","3/31/19^"]
["ASSETS","Unaudited","Unaudited","Unaudited","Audited","Unaudited","Unaudited","Unaudited","Audited"]
["Current assets"]
["Cash and cash equivalents",2478,4802,4440,6610,4378,5726,6191,6982]
["Short-term investments",4349,1610,173,2354,4008,3186,632,67]
["Accounts and notes receivable, net",4089,4118,3917,3711,3492,3555,3455,3554]
["Device and accessory inventory",979,751,1009,1003,622,859,919,999]
["Prepaid expenses and other current assets",601,654,626,575,895,1121,1199,1289]
["Total current assets",12496,11935,10165,14253,13395,14447,12396,12891]
[""]
["Property, plant and equipment, net",18866,18901,19712,19925,20538,20816,21422,21201]
["Costs to acquire a customer contract",0,0,0,0,1294,1379,1497,1559]
["Goodwill",6578,6578,6586,6586,6586,6598,6598,4598]
["FCC licenses and other",41074,41072,41222,41309,41368,41373,41448,41465]
["Definite-lived intangible assets, net",3075,2848,2667,2465,2245,2075,1915,1769]
["Other assets",1235,1132,1067,921,1023,1163,1128,1118]
["Total assets",83324,82466,81419,85459,86449,87851,86404,84601]
[""]
["LIABILITIES AND EQUITY"]
["Current liabilities"]
["Accounts payable",2616,2947,3176,3409,3143,4210,3637,3961]
["Accrued expenses and other current liabilities",3830,3808,3859,3962,3658,3370,3467,3597]
["Current portion of long-term debt, financing and capital lease obligations",5125,4142,4036,3429,4846,5346,3596,4557]
["Total current liabilities",11571,10897,11071,10800,11647,12926,10700,12115]
[""]
["Long-term debt, financing and capital lease obligations",34459,34236,32825,37463,35771,35329,36288,35366]
["Deferred tax liabilities",14701,14780,7709,7294,7704,7704,7684,7556]
["Other liabilities",3578,3533,3509,3483,3382,3428,3403,3437]
["Total liabilities ",64309,63446,55114,59040,58504,59387,58075,58474]
[""]
["Stockholders' equity"]
["Common stock",40,40,40,40,40,41,41,41]
["Treasury shares, at cost",0,-9,0,0,-4,-15,-7,0]
["Paid-in capital",27761,27807,27825,27884,27938,28251,28278,28306]
["(Accumulated deficit) retained earnings",-8378,-8426,-1264,-1255,236,432,291,-1883]
["Accumulated other comprehensive loss",-408,-392,-366,-313,-317,-308,-333,-392]
["Total stockholders' equity",19015,19020,26235,26356,27893,28401,28270,26072]
["Noncontrolling interests",0,0,70,63,52,63,59,55]
["Total equity",19015,19020,26305,26419,27945,28464,28329,26127]
["Total liabilities and equity",83324,82466,81419,85459,86449,87851,86404,84601]
[]
[]
["^The Company adopted Accounting Standard Update 2014-09, Revenue from Contracts with Customers (Topic 606) effective April 1, 2018, using the modified retrospective method. This method does not impact the prior periods, which continue to reflect the accounting treatment prior to the adoption of Topic 606. As a result, for items that were effected by adoption of Topic 606, financials results of periods prior to April 1, 2018 are not comparable to the current period financial results. To provide comparability to our current period results, please see the reconciliations of adjustments from the adoption of Topic 606 relative to Topic 605 included in the tables to our quarterly earnings release."]

{"sheet":"Financial Measures","index":7,"n_rows":19,"n_cols":1,"rows_kept":19,"cut":false,"hidden":false,"merged":[[14,0,14,1],[16,0,16,1],[18,0,18,1],[4,0,4,1],[6,0,6,1],[8,0,8,1],[10,0,10,1],[12,0,12,1]]}
[]
[]
["*FINANCIAL MEASURES"]
[]
["Sprint provides financial measures determined in accordance with GAAP and adjusted GAAP (non-GAAP). The non-GAAP financial measures reflect industry conventions, or standard measures of liquidity, profitability or performance commonly used by the investment community for comparability purposes. These measurements should be considered in addition to, but not as a substitute for, financial information prepared in accordance with GAAP. We have defined below each of the non-GAAP measures we use, but these measures may not be synonymous to similar measurement terms used by other companies."]
[]
["Sprint provides reconciliations of these non-GAAP measures in its financial reporting. Because Sprint does not predict special items that might occur in the future, and our forecasts are developed at a level of detail different than that used to prepare GAAP-based financial measures, Sprint does not provide reconciliations to GAAP of its forward-looking financial measures. "]
[]
["The measures used in this release include the following:"]
[]
["EBITDA is operating income/(loss) before depreciation and amortization. Adjusted EBITDA is EBITDA excluding severance, exit costs, and other special items. Adjusted EBITDA Margin represents Adjusted EBITDA divided by non-equipment net operating revenues for Wireless and Adjusted EBITDA divided by net operating revenues for Wireline. We believe that Adjusted EBITDA and Adjusted EBITDA Margin provide useful information to investors because they are an indicator of the strength and performance of our ongoing business operations. While depreciation and amortization are considered operating costs under GAAP, these expenses primarily represent non-cash current period costs associated with the use of long-lived tangible and definite-lived intangible assets. Adjusted EBITDA and Adjusted EBITDA Margin are calculations commonly used as a basis for investors, analysts and credit rating agencies to evaluate and compare the periodic and future operating performance and value of companies within the telecommunications industry. "]
[]
["Postpaid ABPA is average billings per account and calculated by dividing postpaid service revenue earned from postpaid customers plus billings from installment plans and non-operating leases, as well as equipment rentals, by the sum of the monthly average number of postpaid accounts during the period. We believe that ABPA provides useful information to investors, analysts and our management to evaluate average postpaid customer billings per account as it approximates the expected cash collections, including billings from installment plans and non-operating leases, as well as equipment rentals, per postpaid account each month."]
[]
["Postpaid Phone ABPU is average billings per postpaid phone user and calculated by dividing service revenue earned from postpaid phone customers plus billings from installment plans and non-operating leases, as well as equipment rentals by the sum of the monthly average number of postpaid phone connections during the period. We believe that ABPU provides useful information to investors, analysts and our management to evaluate average postpaid phone customer billings as it approximates the expected cash collections, including billings from installment plans and non-operating leases, as well as equipment rentals, per postpaid phone user each month."]
[]
["Free Cash Flow is the cash provided by operating activities less the cash used in investing activities other than short-term investments and equity method investments. Adjusted Free Cash Flow is Free Cash Flow plus the proceeds from device financings and sales of receivables, net of repayments. We believe that Free Cash Flow and Adjusted Free Cash Flow provide useful information to investors, analysts and our management about the cash generated by our core operations and net proceeds obtained to fund certain leased devices, respectively, after interest and dividends, if any, and our ability to fund scheduled debt maturities and other financing activities, including discretionary refinancing and retirement of debt and purchase or sale of investments."]
[]
["Net Debt is consolidated debt, including current maturities, less cash and cash equivalents and short-term investments. We believe that Net Debt provides useful information to investors, analysts and credit rating agencies about the capacity of the company to reduce the debt load and improve its capital structure."]

{"sheet":"Safe Harbor","index":8,"n_rows":4,"n_cols":1,"rows_kept":4,"cut":false,"hidden":false,"merged":[]}
[]
["SAFE HARBOR"]
[]
["This release includes “forward-looking statements” within the meaning of the securities laws. The words “may,” “could,” “should,” “estimate,” “project,” “forecast,” “intend,” “expect,” “anticipate,” “believe,” “target,” “plan”, “outlook,” “providing guidance,” and similar expressions are intended to identify information that is not historical in nature. All statements that address operating performance, events or developments that we expect or anticipate will occur in the future — including statements relating to our network, subscriber growth, and liquidity; and statements expressing general views about future operating results — are forward-looking statements. Forward-looking statements are estimates and projections reflecting management’s judgment based on currently available information and involve a number of risks and uncertainties that could cause actual results to differ materially from those suggested by the forward-looking statements. With respect to these forward-looking statements, management has made assumptions regarding, among other things, the development and deployment of new technologies and services such as 5G; efficiencies and cost savings of new technologies and services; customer and network usage; subscriber additions and churn rates; service, speed, capacity, coverage and quality; availability of devices; availability of various financings; and the timing of various events and the economic environment. Sprint believes these forward-looking statements are reasonable; however, you should not place undue reliance on forward-looking statements, which are based on current expectations and speak only as of the date when made. Sprint undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. In addition, forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from our company's historical experience and our present expectations or projections. Factors that might cause such differences include, but are not limited to, those discussed in Sprint Corporation’s Annual Report on Form 10-K for the fiscal year ended March 31, 2018, our Quarterly Report on Form 10-Q for the quarter ended September 30, 2018 and, when filed, our Annual Report on Form 10-K for the fiscal year ended March 31, 2019. You should understand that it is not possible to predict or identify all such factors. Consequently, you should not consider any such list to be a complete set of all potential risks or uncertainties."]