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New Accounting Pronouncements (Tables)
 9 Months Ended
Dec. 31, 2018
Accounting Policies [Abstract]  
Schedule of Adjustments for Changes in Accounting Standards Updates
A reconciliation of the adjustments from the adoption of Topic 606 relative to Topic 605 on our consolidated statements of comprehensive (loss) income and balance sheet is as follows:
 
Three Months Ended December 31, 2018
 
Nine Months Ended December 31, 2018
 
As reported
 
Balances without adoption of
Topic 606
 
Change
 
As reported
 
Balances without adoption of
Topic 606
 
Change
 
(in millions, except per share amounts)
 
(in millions, except per share amounts)
Net operating revenues:
 
 
 
 
 
 
 
 
 
 
 
Service
$
5,699

 
$
5,898

 
$
(199
)
 
$
17,201

 
$
17,716

 
$
(515
)
Equipment sales
1,589

 
1,264

 
325

 
4,180

 
3,223

 
957

Equipment rentals
1,313

 
1,329

 
(16
)
 
3,778

 
3,827

 
(49
)
 
8,601

 
8,491

 
110

 
25,159

 
24,766

 
393

Net operating expenses:
 
 
 
 
 
 
 
 
 
 
 
Cost of services (exclusive of depreciation and amortization included below)
1,648

 
1,671

 
(23
)
 
5,019

 
5,073

 
(54
)
Cost of equipment sales
1,734

 
1,715

 
19

 
4,521

 
4,431

 
90

Cost of equipment rentals (exclusive of depreciation below)
182

 
182

 
—

 
457

 
457

 
—

Selling, general and administrative
2,003

 
2,145

 
(142
)
 
5,731

 
6,047

 
(316
)
Depreciation - network and other
1,088

 
1,088

 
—

 
3,132

 
3,132

 
—

Depreciation - equipment rentals
1,137

 
1,137

 
—

 
3,454

 
3,454

 
—

Amortization
145

 
145

 
—

 
475

 
475

 
—

Other, net
185

 
185

 
—

 
298

 
298

 
—

 
8,122

 
8,268

 
(146
)
 
23,087

 
23,367

 
(280
)
Operating income
479

 
223

 
256

 
2,072

 
1,399

 
673

Total other expense
(632
)
 
(632
)
 
—

 
(1,781
)
 
(1,781
)
 
—

(Loss) income before income taxes
(153
)
 
(409
)
 
256

 
291

 
(382
)
 
673

Income tax benefit (expense)
8

 
62

 
(54
)
 
(56
)
 
85

 
(141
)
Net (loss) income
(145
)
 
(347
)
 
202

 
235

 
(297
)
 
532

Less: Net loss (income) attributable to noncontrolling interests
4

 
4

 
—

 
(4
)
 
(4
)
 
—

Net (loss) income attributable to Sprint
$
(141
)
 
$
(343
)
 
$
202

 
$
231

 
$
(301
)
 
$
532

 
 
 
 
 
 
 
 
 
 
 
 
Basic net (loss) income per common share attributable to Sprint
$
(0.03
)
 
$
(0.08
)
 
$
0.05

 
$
0.06

 
$
(0.07
)
 
$
0.13

Diluted net (loss) income per common share attributable to Sprint
$
(0.03
)
 
$
(0.08
)
 
$
0.05

 
$
0.06

 
$
(0.07
)
 
$
0.13

Basic weighted average common shares outstanding
4,078

 
4,078

 
—

 
4,050

 
4,050

 
—

Diluted weighted average common shares outstanding
4,078

 
4,078

 
—

 
4,110

 
4,050

 
60

 
December 31, 2018
 
As reported
 
Balances without adoption of
Topic 606
 
Change
 
(in millions)
ASSETS
 
 
 
 
 
Current assets:
 
 
 
 
 
Accounts and notes receivable, net
$
3,455

 
$
3,356

 
$
99

Device and accessory inventory
919

 
941

 
(22
)
Prepaid expenses and other current assets
1,199

 
672

 
527

Costs to acquire a customer contract
1,497

 
—

 
1,497

Other assets
1,128

 
939

 
189

LIABILITIES AND EQUITY
 
 
 
 
 
Current liabilities:
 
 
 
 
 
Accrued expenses and other current liabilities
$
3,467

 
$
3,489

 
$
(22
)
Deferred tax liabilities
7,684

 
7,177

 
507

Other liabilities
3,403

 
3,437

 
(34
)
Stockholders' equity:
 
 
 
 
 
Retained earnings (accumulated deficit)
291

 
(1,548
)
 
1,839

The cumulative after-tax effect of the changes made to our consolidated balance sheet for the adoption of Topic 606 and other ASUs effective for the Company on April 1, 2018 were as follows:
 
 
 
Adjustments due to
 
 
 
March 31, 2018
 
Topic 606
 
Other ASUs
 
April 1, 2018
 
(in millions)
ASSETS
 
 
 
 
 
 
 
Current assets:
 
 
 
 
 
 
 
Accounts and notes receivable, net
$
3,711

 
$
97

 
$
—

 
$
3,808

Device and accessory inventory
1,003

 
(24
)
 
—

 
979

Prepaid expenses and other current assets
575

 
271

 
—

 
846

Costs to acquire a customer contract
—

 
1,219

 
—

 
1,219

Other assets
921

 
43

 
—

 
964

LIABILITIES AND EQUITY
 
 
 
 
 
 
 
Current liabilities:
 
 
 
 
 
 
 
Accrued expenses and other current liabilities
$
3,962

 
$
(35
)
 
$
—

 
$
3,927

Deferred tax liabilities
7,294

 
366

 
—

 
7,660

Other liabilities
3,483

 
(32
)
 
—

 
3,451

Stockholders' equity:
 
 
 
 
 
 
 
(Accumulated deficit) retained earnings
(1,255
)
 
1,307

 
8

 
60

Accumulated other comprehensive loss
(313
)
 
—

 
(8
)
 
(321
)