UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) October 14, 2004
SPRINT CORPORATION
(Exact name of Registrant as specified in its charter)
Kansas 1-04721 48-0457967
(State of Incorporation) (Commission File Number) (I.R.S. Employer
Identification No.)
6200 Sprint Parkway, Overland Park, Kansas 66251
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (913) 624-3000
________________________________________________________________________
(Former name or former address, if changed since last report)
P. O. Box 7997, Shawnee Mission, Kansas 66207-0997
(Mailing address of principal executive offices)
Check the appropriate box below if the Form 8-K is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act (17
CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
Item 2.02 Results of Operations and Financial Condition
On October 15, 2004, Sprint Corporation ("Sprint") issued a press release
announcing certain strategic actions, including an asset impairment charge to
its long distance network assets, and that it expected to report third quarter
2004 adjusted earnings per share in excess of the mean analyst estimate of 21
cents per share. See Sprint's press release dated October 15, 2004, filed as
Exhibit 99 and incorporated by reference herein, for a definition of adjusted
earnings per share.
Item 2.06 Material Impairments
On October 14, 2004, Sprint concluded that a non-cash charge for impairment of
its long distance network assets would be required to be recorded in its third
quarter 2004 financial results under generally accepted accounting principles.
See Sprint's related press release dated October 15, 2004, filed as Exhibit 99
and incorporated by reference herein, for a discussion of the facts and
circumstances surrounding this conclusion.
On October 19, 2004, Sprint announced that the pre-tax non-cash impairment
charge to its long distance assets will be approximately $3.5 billion.
Item 9.01 Financial Statements and Exhibits
99 Press Release dated October 15, 2004 announcing certain strategic actions,
including an asset impairment charge to its long distance network assets.
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, hereunto duly authorized.
SPRINT CORPORATION
Date: October 19, 2004 By: /s/ Michael T. Hyde
Michael T. Hyde, Assistant Secretary
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EXHIBIT INDEX
Exhibit
Number Description Page
99 Press Release dated October 15, 2004 announcing certain
strategic actions, including an asset impairment charge to
its long distance network assets.
3