Guarantor Financial Information (Tables)

3 Months Ended

Jun. 30, 2014

Condensed Balance Sheet Statements, Captions [Line Items]

Condensed Balance Sheet [Table Text Block]

CONDENSED CONSOLIDATING BALANCE SHEET

Successor
	As of June 30, 2014
	Parent/Issuer		Subsidiary Guarantor		Non-Guarantor Subsidiaries		Eliminations			Consolidated
	(in millions)
ASSETS
Current assets:
Cash and cash equivalents	$	—	$	3,545	$	626	$	—		$	4,171
Short-term investments	—		1,322		—		—			1,322
Accounts and notes receivable, net	152		48		3,751		(200		)	3,751
Device and accessory inventory	—		—		1,116		—			1,116
Deferred tax assets	—		—		78		—			78
Prepaid expenses and other current assets	—		19		917		—			936
Total current assets	152		4,934		6,488		(200		)	11,374
Investments	—		1,112		50		(1,019		)	143
Investments in subsidiaries	25,368		25,956		—		(51,324		)	—
Property, plant and equipment, net	—		—		16,852		—			16,852
Due from consolidated affiliate	—		18,299		—		(18,299		)	—
Note receivable from consolidated affiliate	9,000		—		—		(9,000		)	—
Intangible assets
Goodwill	—		—		6,343		—			6,343
FCC licenses and other	—		—		41,764		—			41,764
Definite-lived intangible assets, net	—		—		7,119		—			7,119
Other assets	130		130		694		(130		)	824
Total assets	$	34,650	$	50,431	$	79,310	$	(79,972	)	$	84,419
LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
Accounts payable	$	—	$	—	$	3,492	$	—		$	3,492
Accrued expenses and other current liabilities	156		498		4,683		(200		)	5,137
Current portion of long-term debt, financing and capital lease obligations	—		—		807		—			807
Total current liabilities	156		498		8,982		(200		)	9,436
Long-term debt, financing and capital lease obligations	9,000		14,966		8,740		(1,019		)	31,687
Deferred tax liabilities	—		—		14,268		—			14,268
Note payable due to consolidated affiliate	—		9,000		—		(9,000		)	—
Other liabilities	—		599		3,065		—			3,664
Due to consolidated affiliate	130		—		18,299		(18,429		)	—
Total liabilities	9,286		25,063		53,354		(28,648		)	59,055
Commitments and contingencies
Total stockholders' equity	25,364		25,368		25,956		(51,324		)	25,364
Total liabilities and stockholders' equity	$	34,650	$	50,431	$	79,310	$	(79,972	)	$	84,419

CONDENSED CONSOLIDATING BALANCE SHEET

Successor
	As of March 31, 2014
	Parent/Issuer		Subsidiary Guarantor		Non-Guarantor Subsidiaries		Eliminations			Consolidated
	(in millions)
ASSETS
Current assets:
Cash and cash equivalents	$	—	$	4,125	$	845	$	—		$	4,970
Short-term investments	—		1,220		—		—			1,220
Accounts and notes receivable, net	74		27		3,607		(101		)	3,607
Device and accessory inventory	—		—		982		—			982
Deferred tax assets	—		—		128		—			128
Prepaid expenses and other current assets	—		14		658		—			672
Total current assets	74		5,386		6,220		(101		)	11,579
Investments	—		1,104		61		(1,019		)	146
Investments in subsidiaries	25,316		25,588		—		(50,904		)	—
Property, plant and equipment, net	—		—		16,299		—			16,299
Due from consolidated affiliate	—		18,234		—		(18,234		)	—
Note receivable from consolidated affiliate	9,000		—		—		(9,000		)	—
Intangible assets
Goodwill	—		—		6,383		—			6,383
FCC licenses and other	—		—		41,978		—			41,978
Definite-lived intangible assets, net	—		—		7,558		—			7,558
Other assets	133		133		613		(133		)	746
Total assets	$	34,523	$	50,445	$	79,112	$	(79,391	)	$	84,689
LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
Accounts payable	$	—	$	—	$	3,163	$	—		$	3,163
Accrued expenses and other current liabilities	78		493		5,074		(101		)	5,544
Current portion of long-term debt, financing and capital lease obligations	—		—		991		—			991
Total current liabilities	78		493		9,228		(101		)	9,698
Long-term debt, financing and capital lease obligations	9,000		15,027		8,779		(1,019		)	31,787
Deferred tax liabilities	—		—		14,207		—			14,207
Note payable due to consolidated affiliate	—		9,000		—		(9,000		)	—
Other liabilities	—		609		3,076		—			3,685
Due to consolidated affiliate	133		—		18,234		(18,367		)	—
Total liabilities	9,211		25,129		53,524		(28,487		)	59,377
Commitments and contingencies
Total stockholders' equity	25,312		25,316		25,588		(50,904		)	25,312
Total liabilities and stockholders' equity	$	34,523	$	50,445	$	79,112	$	(79,391	)	$	84,689

Condensed Income Statement [Table Text Block]

CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE LOSS

Successor
	For the Three Months Ended June 30, 2014
	Parent/Issuer			Subsidiary Guarantor			Non-Guarantor Subsidiaries			Eliminations			Consolidated
	(in millions)
Net operating revenues	$	—		$	—		$	8,789		$	—		$	8,789
Net operating expenses:
Cost of services and products (exclusive of depreciation and amortization included below)	—			—			4,678			—			4,678
Selling, general and administrative	—			—			2,284			—			2,284
Severance, exit costs and asset impairments	—			—			27			—			27
Depreciation	—			—			868			—			868
Amortization	—			—			413			—			413
	—			—			8,270			—			8,270
Operating income	—			—			519			—			519
Other income (expense):
Interest income	169			23			—			(189		)	3
Interest expense	(169		)	(368		)	(164		)	189			(512		)
Earnings (losses) of subsidiaries	23			368			—			(391		)	—
Other expense, net	—			—			(2		)	—			(2		)
	23			23			(166		)	(391		)	(511		)
Income (loss) before income taxes	23			23			353			(391		)	8
Income tax benefit	—			—			15			—			15
Net income (loss)	23			23			368			(391		)	23
Other comprehensive income (loss)	—			—			—			—			—
Comprehensive income (loss)	$	23		$	23		$	368		$	(391	)	$	23

CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE LOSS

Predecessor
	For the Three Months Ended June 30, 2013
	Subsidiary Guarantor			Non-Guarantor Subsidiaries			Eliminations			Consolidated
	(in millions)
Net operating revenues	$	—		$	8,877		$	—		$	8,877
Net operating expenses:
Cost of services and products (exclusive of depreciation and amortization included below)	—			5,045			—			5,045
Selling, general and administrative	—			2,442			—			2,442
Severance, exit costs and asset impairments	—			632			—			632
Depreciation	—			1,563			—			1,563
Amortization	—			69			—			69
	—			9,751			—			9,751
Operating loss	—			(874		)	—			(874		)
Other (expense) income:
Interest income	29			8			(20		)	17
Interest expense	(291		)	(157		)	20			(428		)
Equity in losses of unconsolidated investments, net	—			(257		)	—			(257		)
(Losses) earnings of subsidiaries	(1,335		)	—			1,335			—
Other expense, net	—			—			—			—
	(1,597		)	(406		)	1,335			(668		)
(Loss) income before income taxes	(1,597		)	(1,280		)	1,335			(1,542		)
Income tax expense	—			(55		)	—			(55		)
Net (loss) income	(1,597		)	(1,335		)	1,335			(1,597		)
Other comprehensive income (loss)	51			15			(15		)	51
Comprehensive (loss) income	$	(1,546	)	$	(1,320	)	$	1,320		$	(1,546	)

Condensed Cash Flow Statement [Table Text Block]

CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS

Successor
	For the Three Months Ended June 30, 2014
	Parent/Issuer		Subsidiary Guarantor			Non-Guarantor Subsidiaries			Eliminations			Consolidated
	(in millions)
Cash flows from operating activities:
Net cash (used in) provided by operating activities	$	—	$	(429	)	$	1,108		$	—		$	679
Cash flows from investing activities:
Capital expenditures	—		—			(1,246		)	—			(1,246		)
Expenditures relating to FCC licenses	—		—			(41		)	—			(41		)
Reimbursements relating to FCC licenses	—		—			95			—			95
Proceeds from sales and maturities of short-term investments	—		900			—			—			900
Purchases of short-term investments	—		(1,002		)	—			—			(1,002		)
Change in amounts due from/due to consolidated affiliates	—		(58		)	—			58			—
Other, net	—		—			17			—			17
Net cash (used in) provided by investing activities	—		(160		)	(1,175		)	58			(1,277		)
Cash flows from financing activities:
Repayments of debt, financing and capital lease obligations	—		—			(210		)	—			(210		)
Proceeds from issuance of common stock, net	—		9			—			—			9
Change in amounts due from/due to consolidated affiliates	—		—			58			(58		)	—
Net cash provided by (used in) financing activities	—		9			(152		)	(58		)	(201		)
Net decrease in cash and cash equivalents	—		(580		)	(219		)	—			(799		)
Cash and cash equivalents, beginning of period	—		4,125			845			—			4,970
Cash and cash equivalents, end of period	$	—	$	3,545		$	626		$	—		$	4,171

CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS

Predecessor
	For the Three Months Ended June 30, 2013
	Subsidiary Guarantor			Non- Guarantor Subsidiaries			Eliminations			Consolidated
	(in millions)
Cash flows from operating activities:
Net cash (used in) provided by operating activities	$	(356	)	$	1,591		$	—		$	1,235
Cash flows from investing activities:
Capital expenditures	—			(1,571		)	—			(1,571		)
Expenditures relating to FCC licenses	—			(68		)	—			(68		)
Acquisitions, net of cash acquired	(509		)	—			—			(509		)
Investment in Clearwire (including debt securities)	—			(160		)	—			(160		)
Proceeds from sales and maturities of short-term investments	949			—			—			949
Purchases of short-term investments	(295		)	—			—			(295		)
Change in amounts due from/due to consolidated affiliates	(307		)	—			307			—
Net cash (used in) provided by investing activities	(162		)	(1,799		)	307			(1,654		)
Cash flows from financing activities:
Repayments of debt and capital lease obligations	—			(303		)	—			(303		)
Debt financing costs	(1		)	—			—			(1		)
Proceeds from issuance of common stock, net	44			—			—			44
Change in amounts due from/due to consolidated affiliates	—			307			(307		)	—
Net cash provided by (used in) financing activities	43			4			(307		)	(260		)
Net decrease in cash and cash equivalents	(475		)	(204		)	—			(679		)
Cash and cash equivalents, beginning of period	5,124			1,151			—			6,275
Cash and cash equivalents, end of period	$	4,649		$	947		$	—		$	5,596