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CONSOLIDATED STATEMENTS OF COMPREHENSIVE (LOSS) INCOME - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2015
Dec. 31, 2014
Revenue, Net [Abstract]        
Service $ 6,683 $ 7,272 $ 20,600 $ 22,404
Equipment 1,424 1,701 3,509 3,846
Net operating revenues 8,107 8,973 24,109 26,250
Net operating expenses        
Cost of Services (exclusive of depreciation and amortization included below) 2,348 2,330 7,194 7,279
Cost of Products (exclusive of depreciation and amortization included below) 1,589 2,952 4,244 7,482
Selling, general and administrative 2,129 2,647 6,540 7,232
Impairments 0 2,133 [1] 0 2,133 [1]
Severance and exit costs 209 22 247 333
Depreciation 1,549 940 4,202 2,706
Amortization 316 380 994 1,189
Other, net 164 109 386 109
Total costs and expenses 8,304 11,513 23,807 28,463
Operating Income (197) (2,540) 302 (2,213)
Other (expense) income        
Interest Expense (546) (506) (1,630) (1,528)
Other income, net 4 10 13 19
Nonoperating Expense (542) (496) (1,617) (1,509)
Loss (income) before income taxes (739) (3,036) (1,315) (3,722)
Income tax benefit (97) 657 (126) 601
Net (loss) income $ (836) $ (2,379) $ (1,441) $ (3,121)
Basic net (loss) income per common share $ (0.21) $ (0.60) $ (0.36) $ (0.79)
Diluted net (loss) income per common share $ (0.21) $ (0.60) $ (0.36) $ (0.79)
Basic weighted average common shares outstanding 3,970 3,957 3,969 3,950
Diluted weighted average common shares outstanding 3,970 3,957 3,969 3,950
Other comprehensive (loss) income, net of tax:        
Net unrealized holding gains on securities and other $ (9) $ (12) $ (16) $ (18)
Net unrecognized net periodic pension and other postretirement benefits 2 (208) 5 (209)
Other comprehensive income (7) (220) (11) (227)
Comprehensive (loss) income $ (843) $ (2,599) $ (1,452) $ (3,348)
[1] Impairments for the three and nine-month periods ended December 31, 2014 consist of a $1.9 billion Sprint trade name impairment related to the Wireless segment and a $233 million impairment related to Wireline long-lived assets.