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Long-Term Debt, Financing and Capital Lease Obligations (Tables)
12 Months Ended
Dec. 31, 2012
Long-term Debt and Capital Lease Obligations [Abstract]  
Schedule of Long-term Debt Instruments
 
Interest
Rates
 
Maturities
 
December 31,
2012
 
December 31,
2011
 
 
 
 
 
 
 
 
 
(in millions)
Notes
 
 
 
 
 
 
 
 
 
 
 
Senior notes
 
 
 
 
 
 
 
 
 
 
 
Sprint Nextel Corporation
6.00

-
11.50%
 
2016
-
2022
 
$
9,280

 
$
4,500

Sprint Capital Corporation
6.88

-
8.75%
 
2019
-
2032
 
6,204

 
6,204

Serial redeemable senior notes
 

 
 
 
 
 
 
 
 
 
 
Nextel Communications, Inc.
5.95

-
7.38%
 
2013
-
2015
 

 
4,780

Guaranteed notes
 
 
 
 
 
 
 
 
 
 
 
Sprint Nextel Corporation
7.00

-
9.00%
 
2018
-
2020
 
4,000

 
3,000

Secured notes
 

 
 
 
 
 
 
 
 
 
 
iPCS, Inc.
2.44

-
3.56%
 
2013
-
2014
 
481

 
481

Convertible bonds
 
 
 
 
 
 
 
 
 
 
 
Sprint Nextel Corporation
1.00%
 
2019
 
3,100

 

Credit facilities
 
 
 
 
 
 
 
 
 
 
 
Bank credit facility
4.31%
 
2013
 

 

Export Development Canada
5.39%
 
2015
 
500

 
500

Secured equipment credit facility
2.03%
 
2017
 
296

 

Financing obligation
9.50%
 
2030
 
698

 
698

Capital lease obligations and other
4.11

-
15.49%
 
2014
-
2022
 
74

 
71

Net discount from beneficial conversion feature on convertible bond
 
 
 
 
 
 
 
 
(247
)
 

Net (discounts) premiums
 
 
 
 
 
 
 
 
(45
)
 
40

 
 
 
 
 
 
 
 
 
24,341

 
20,274

Less current portion
 
 
 
 
 
 
 
 
(379
)
 
(8
)
Long-term debt, financing and capital lease obligations
 
 
 
 
 
 
 
 
$
23,962

 
$
20,266

Schedule of Long-term Debt Maturities
Aggregate amount of maturities for long-term debt, financing obligation and capital lease obligations outstanding as of December 31, 2012, were as follows:
 
(in millions)
2013
$
379

2014
264

2015
581

2016
2,085

2017
2,354

2018 and thereafter
18,970

 
24,633

Net discount from beneficial conversion feature on convertible bond
(247
)
Net discounts
(45
)
 
$
24,341