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Sprint (Sprint) Construction In Progress : $2,628 Mil (As of Dec. 2019)


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What is Sprint Construction In Progress?

Sprint's quarterly construction in progress declined from Jun. 2019 ($2,919 Mil) to Sep. 2019 ($2,846 Mil) and declined from Sep. 2019 ($2,846 Mil) to Dec. 2019 ($2,628 Mil).

Sprint's annual construction in progress declined from Mar. 2017 ($2,316 Mil) to Mar. 2018 ($2,202 Mil) but then increased from Mar. 2018 ($2,202 Mil) to Mar. 2019 ($3,044 Mil).


Sprint Construction In Progress Historical Data

The historical data trend for Sprint's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Sprint Construction In Progress Chart

Sprint Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Mar15 Mar16 Mar17 Mar18 Mar19
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,090.00 1,249.00 2,316.00 2,202.00 3,044.00

Sprint Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19
Construction In Progress Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3,520.00 3,044.00 2,919.00 2,846.00 2,628.00

Sprint Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.


Sprint (Sprint) Business Description

Traded in Other Exchanges
N/A
Address
6200 Sprint Parkway, Overland Park, KS, USA, 66251
A decade of operational problems has considerably diminished Sprint's position in the wireless industry. It is now the fourth- largest carrier in the United States, serving 26 million postpaid and 9 million prepaid phone customers directly and 13 million via wholesale channels. Over the past five years, the firm's share of the postpaid phone market has declined about 1 percentage point to 12%, leaving it about three fourths the size of T-Mobile U.S., the next smallest carrier. About 4% of sales come from the wireline unit, which provides phone and data services to the wireless unit and external customers. Japanese firm Softbank took a 78% stake in Sprint through the purchase of existing Sprint shares and a $5 billion equity infusion in 2013; it has since increased its stake to 85%.