Document_and_Entity_Informatio
Document and Entity Information | 9 Months Ended | |
Sep. 30, 2014 | Nov. 03, 2014 | |
Document Type | '10-Q | ' |
Amendment Flag | 'false | ' |
Document Period End Date | 30-Sep-14 | ' |
Document Fiscal Year Focus | '2014 | ' |
Document Fiscal Period Focus | 'Q3 | ' |
Entity Registrant Name | 'NII HOLDINGS INC | ' |
Entity Central Index Key | '0001037016 | ' |
Entity Tax Identification Number | '911671412 | ' |
Current Fiscal Year End Date | '--12-31 | ' |
Entity Current Reporting Status | 'Yes | ' |
Entity Filer Category | 'Large Accelerated Filer | ' |
Entity Common Stock, Shares Outstanding | ' | 172,363,259 |
Entity Well-known Seasoned Issuer | 'No | ' |
Entity Voluntary Filers | 'No | ' |
CONDENSED_CONSOLIDATED_BALANCE
CONDENSED CONSOLIDATED BALANCE SHEETS (USD $) | Sep. 30, 2014 | Dec. 31, 2013 |
In Thousands, unless otherwise specified | ||
Current assets | ' | ' |
Cash and cash equivalents | $641,502 | $1,730,335 |
Short-term investments | 98,271 | 585,760 |
Accounts receivable, less allowance for doubtful accounts of $71,869 and $66,252 | 468,465 | 511,406 |
Handset and accessory inventory | 264,412 | 336,620 |
Deferred income taxes, net | 84,718 | 127,395 |
Prepaid expenses and other | 453,895 | 397,574 |
Assets of Disposal Group, Including Discontinued Operation, Current | 0 | 59,096 |
Total current assets | 2,011,263 | 3,748,186 |
Property, plant and equipment, net | 2,801,283 | 3,337,545 |
Intangible assets, net | 909,570 | 980,369 |
Deferred income taxes, net | 9,810 | 26,713 |
Other assets | 513,744 | 477,306 |
Assets of Disposal Group, Including Discontinued Operation, Noncurrent | 0 | 109,835 |
Total assets | 6,245,670 | 8,679,954 |
Current liabilities | ' | ' |
Accounts payable | 190,094 | 346,128 |
Accrued expenses and other | 548,885 | 959,059 |
Deferred revenues | 100,526 | 127,782 |
Current portion of long-term debt | 1,120,272 | 96,839 |
Deposit Liability, Current | 317,606 | 720,013 |
Liabilities of Disposal Group, Including Discontinued Operation, Current | 0 | 36,769 |
Total current liabilities | 2,277,383 | 2,286,590 |
Long-term debt | 318,948 | 5,696,632 |
Deferred revenues | 0 | 11,238 |
Deferred credits | 77,274 | 108,991 |
Other long-term liabilities | 247,768 | 215,790 |
Liabilities of Disposal Group, Including Discontinued Operation, Noncurrent | 0 | 5,326 |
Liabilities Not Subject To Compromise | 2,921,373 | 8,324,567 |
Stockholders' equity | ' | ' |
Undesignated preferred stock, par value $0.001, 10,000 shares authorized - 2012 and 2011, no shares issued or outstanding - 2012 and 2011 | 0 | 0 |
Common stock, par value $0.001, 600,000 shares authorized - 2012 and 2011, 171,191 shares issued and outstanding - 2012, 171,177 shares issued and outstanding - 2011 | 172 | 172 |
Paid-in capital | 1,517,751 | 1,507,899 |
Retained earnings | -1,639,444 | -196,607 |
Accumulated other comprehensive loss | -1,152,772 | -956,077 |
Total stockholders' equity | -1,274,293 | 355,387 |
Total liabilities and stockholders' equity | 6,245,670 | 8,679,954 |
Liabilities Subject to Compromise | $4,598,590 | $0 |
CONSOLIDATED_BALANCE_SHEETS_Pa
CONSOLIDATED BALANCE SHEETS (Parenthetical) (USD $) | Mar. 31, 2014 | Dec. 31, 2013 |
In Thousands, except Share data, unless otherwise specified | ||
Statement of Financial Position [Abstract] | ' | ' |
Allowance for doubtful accounts receivable, current | $59,658 | $54,531 |
Preferred stock, par value | $0.00 | $0.00 |
Preferred stock, shares authorized | 10,000,000 | 10,000,000 |
Preferred stock, shares issued | 0 | 0 |
Preferred stock, shares outstanding | 0 | 0 |
Common stock, par value | $0.00 | $0.00 |
Common stock, shares authorized | 600,000,000 | 600,000,000 |
Common stock shares issued | 172,363,000 | 172,105,000 |
Common stock shares outstanding | 172,363,000 | 172,104,720 |
CONDENSED_CONSOLIDATED_STATEME
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (USD $) | 3 Months Ended | 9 Months Ended | ||
In Thousands, except Per Share data, unless otherwise specified | Sep. 30, 2014 | Sep. 30, 2013 | Sep. 30, 2014 | Sep. 30, 2013 |
Operating revenues | ' | ' | ' | ' |
Service and other revenues | $864,103 | $1,039,767 | $2,641,339 | $3,511,094 |
Handset and accessory revenues | 62,624 | 45,866 | 193,150 | 136,705 |
Total operating revenues | 926,727 | 1,085,633 | 2,834,489 | 3,647,799 |
Operating expenses | ' | ' | ' | ' |
Cost of service (exclusive of depreciation and amortization included below) | 320,860 | 344,549 | 989,213 | 1,095,735 |
Cost of handsets and accessories | 218,998 | 209,487 | 749,040 | 635,525 |
Selling, general and administrative | 406,162 | 460,977 | 1,305,737 | 1,443,016 |
Provision for Doubtful Accounts | ' | ' | 95,813 | 73,002 |
Restructuring, Settlement and Impairment Provisions | 98,092 | 21,341 | 128,320 | 147,020 |
Gain (Loss) on Sale of Assets and Asset Impairment Charges | -75,441 | 0 | -75,441 | 0 |
Depreciation | 147,036 | 161,179 | 454,645 | 492,979 |
Amortization | 23,920 | 15,989 | 58,718 | 46,463 |
Total operating expenses | 1,139,627 | 1,213,522 | 3,610,232 | 3,860,738 |
Operating income | -212,900 | -127,889 | -775,743 | -212,939 |
Other expense | ' | ' | ' | ' |
Interest expense, net | -130,292 | -134,917 | -390,858 | -382,275 |
Interest income | 13,495 | 9,265 | 46,333 | 24,743 |
Foreign currency transaction (losses) gains, net | -63,002 | -6,117 | -48,976 | -74,820 |
Other (expense) income, net | 943 | 4,490 | -2,054 | -8,610 |
Total other expense | -178,856 | -127,279 | -395,555 | -440,962 |
Income before income tax provision | -391,756 | -255,168 | -1,171,298 | -653,901 |
Reorganization Items | -58,579 | 0 | -58,579 | 0 |
Income tax provision | -6,418 | -4,339 | -40,129 | -74,727 |
Net loss from continuing operations | -456,753 | -259,507 | -1,270,006 | -728,628 |
Income (loss) from discontinued operations, net of income taxes | 13,306 | -40,434 | -172,831 | -175,168 |
Net income | -443,447 | -299,941 | -1,442,837 | -903,796 |
Income (Loss) from Continuing Operations, Per Basic Share | ($2.65) | ($1.51) | ($7.37) | ($4.23) |
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Basic Share | $0.08 | ($0.23) | ($1.01) | ($1.02) |
Net income, per common share, basic | ($2.57) | ($1.74) | ($8.38) | ($5.25) |
Weighted Average Number of Shares Outstanding, Basic and Diluted | 172,363 | 172,438 | 172,256 | 172,116 |
Comprehensive Income | ' | ' | ' | ' |
Foreign currency translation adjustment | -216,109 | -20,129 | -163,106 | -218,306 |
Reclassification adjustment for sale of Nextel Chile | -33,885 | 0 | -33,885 | 0 |
Other | 430 | 4,231 | 296 | 439 |
Other comprehensive income | -249,564 | -15,898 | -196,695 | -217,867 |
Net income | -443,447 | -299,941 | -1,442,837 | -903,796 |
Total comprehensive income | ($693,011) | ($315,839) | ($1,639,532) | ($1,121,663) |
CONDENSED_CONSOLIDATED_STATEME1
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (USD $) | Total | Common Stock | Paid-in Capital | Accumulated Deficit | Accumulated Other Comprehensive (Loss) Income |
In Thousands, unless otherwise specified | |||||
Beginning Balance, Value at Dec. 31, 2013 | $355,387 | $172 | $1,507,899 | ($196,607) | ($956,077) |
Beginning Balance, Shares at Dec. 31, 2013 | ' | 172,105 | ' | ' | ' |
Increase (Decrease) in Stockholders' Equity [Roll Forward] | ' | ' | ' | ' | ' |
Net income | -1,442,837 | ' | ' | -1,442,837 | ' |
Other comprehensive income | -196,695 | ' | ' | ' | -196,695 |
Share-based payment expense for equity-based awards | 9,852 | ' | 9,852 | ' | ' |
Exercise of stock options, Shares | ' | 258 | ' | ' | ' |
Stock Issued During Period, Value, Stock Options Exercised | ' | 0 | ' | ' | ' |
Ending Balance, Value at Sep. 30, 2014 | ($1,274,293) | $172 | $1,517,751 | ($1,639,444) | ($1,152,772) |
Ending Balance, Shares at Sep. 30, 2014 | ' | 172,363 | ' | ' | ' |
CONDENSED_CONSOLIDATED_STATEME2
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $) | 9 Months Ended | |
In Thousands, unless otherwise specified | Sep. 30, 2014 | Sep. 30, 2013 |
Cash flows from operating activities: | ' | ' |
Net income | ($1,442,837) | ($903,796) |
Adjustments to reconcile net income to net cash provided by operating activities: | ' | ' |
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | 172,831 | 175,168 |
Restructuring Costs | 56,829 | 0 |
Amortization of debt discount and financing costs | 15,072 | 23,788 |
Depreciation and amortization | 513,363 | 539,442 |
Provision for Doubtful Accounts | 95,813 | 73,002 |
Foreign currency transaction losses, net | 48,976 | 74,820 |
Impairment charges, restructuring charges and losses on disposals of fixed assets | 72,583 | 142,792 |
Deferred income tax benefit | 21,975 | 38,172 |
Share-based payment expense | 11,575 | 27,628 |
Gain (Loss) on Disposition of Assets | 75,441 | 0 |
Other, net | 30,771 | 46,735 |
Change in assets and liabilities: | ' | ' |
Accounts receivable, gross | -70,261 | -53,617 |
Handset and accessory inventory | 48,576 | -98,088 |
Prepaid expenses and other | -119,425 | -18,781 |
Other long-term assets | -118,861 | -31,784 |
Accounts payable, accrued expenses and other | 4,871 | -6,856 |
Net Cash Provided by (Used in) Operating Activities, Continuing Operations | -733,590 | 28,625 |
Cash Provided by (Used in) Operating Activities, Discontinued Operations | -62,583 | -131,342 |
Net cash provided by operating activities | -796,173 | -102,717 |
Cash flows from investing activities: | ' | ' |
Capital expenditures | -514,195 | -513,132 |
Purchase of long-term and short-term investments | -1,331,015 | -1,772,379 |
Proceeds from Sale of Other Investments | 1,848,594 | 1,619,551 |
Increase (Decrease) in Restricted Cash | -157,237 | -17,351 |
Payments for acquisitions, purchases of licenses and other | -2,834 | -41,929 |
Net Cash Provided by (Used in) Investing Activities, Continuing Operations | -156,687 | -725,240 |
Cash Provided by (Used in) Investing Activities, Discontinued Operations | -13,999 | 237,874 |
Net cash used in investing activities | -170,686 | -487,366 |
Cash flows from financing activities: | ' | ' |
Proceeds from Issuance of Senior Long-term Debt | 0 | 1,600,000 |
Borrowings under syndicated loan facilities and other | 14,590 | 110,202 |
Repayments Under Bank Loans, Equipment Financing and Other | -98,457 | -714,021 |
Other, net | -632 | -19,483 |
Net Cash Provided by (Used in) Financing Activities, Continuing Operations | -84,499 | 976,698 |
Cash Provided by (Used in) Financing Activities, Discontinued Operations | 0 | -152,967 |
Net cash (used in) provided by financing activities | -84,499 | 823,731 |
Effect of exchange rate changes on cash and cash equivalents | -40,923 | -38,501 |
Increase (Decrease) In Cash And Cash Equivalents, Held-For-Sale | 3,448 | 10,407 |
Net (decrease) increase in cash and cash equivalents | -1,088,833 | 205,554 |
Cash and cash equivalents, beginning of period | 1,730,335 | 1,364,953 |
Cash and cash equivalents, end of period | $641,502 | $1,570,507 |
Basis_of_Presentation_Notes
Basis of Presentation (Notes) | 9 Months Ended | |
Sep. 30, 2014 | ||
Basis of Presentation [Abstract] | ' | |
Basis of Presentation and Significant Accounting Policies [Text Block] | ' | |
Note 1. | Basis of Presentation | |
Our unaudited condensed consolidated financial statements have been prepared under the rules and regulations of the Securities and Exchange Commission, or the SEC, and in accordance with the requirements of reorganization accounting. See Note 2 for more information. While these financial statements do not include all of the information and footnotes required by accounting principles generally accepted in the United States for complete financial statements, they reflect all adjustments that, in the opinion of management, are necessary for a fair presentation of the results for interim periods. In addition, the year-end condensed consolidated balance sheet data was derived from audited financial statements, but does not include all disclosures required by accounting principles generally accepted in the United States. | ||
You should read these condensed consolidated financial statements in conjunction with the consolidated financial statements and notes contained in our annual report on Form 10-K for the year ended December 31, 2013 and the condensed consolidated financial statements contained in our quarterly reports on Form 10-Q for the three months ended March 31, 2014 and June 30, 2014. You should not expect results of operations for interim periods to be an indication of the results for a full year. |
Chapter_11_Proceedings
Chapter 11 Proceedings | 9 Months Ended | |||||||
Sep. 30, 2014 | ||||||||
Reorganizations [Abstract] | ' | |||||||
Chapter 11 Proceedings | ' | |||||||
Note 2. | Chapter 11 Proceedings | |||||||
Overview. | ||||||||
On September 15, 2014, NII Holdings, Inc. and eight of its U.S. and Luxembourg-domiciled subsidiaries, including NII Capital Corp. and NII International Telecom S.C.A., or NIIT, filed voluntary petitions seeking relief under Chapter 11 of Title 11 of the United States Bankruptcy Code, which we refer to as Chapter 11, in the United States Bankruptcy Court for the Southern District of New York, which we refer to as the Bankruptcy Court. On October 8, 2014, four additional subsidiaries of NII Holdings, Inc. filed voluntary petitions seeking relief under Chapter 11 in the Bankruptcy Court. The entities that have filed petitions seeking relief under Chapter 11, which we refer to collectively as the debtors, continue to operate as "debtors-in-possession" under the jurisdiction of the Bankruptcy Court and in accordance with the applicable provisions of the Bankruptcy Code and orders of the Bankruptcy Court. Our operating subsidiaries in Brazil, Mexico and Argentina are not debtors in the Chapter 11 cases. | ||||||||
Under Chapter 11, we are permitted to continue to operate our business and manage our properties in the ordinary course of business without prior approval from the Bankruptcy Court. Transactions outside the ordinary course of business proposed to be undertaken by any of the debtors, including certain types of capital expenditures, as well as certain sales of assets, certain requests for additional financings and certain other arrangements, including material changes to agreements and employee compensation arrangements, require approval by the Bankruptcy Court. There can be no assurance that the Bankruptcy Court will grant any requests for such approvals. On October 14, 2014, the Bankruptcy Court issued a final order permitting us to pay pre-petition salaries, wages and benefits to all of our employees and authorized the payment of certain other pre-petition claims, in limited circumstances, to avoid undue disruption to our operations. | ||||||||
The accompanying condensed consolidated financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. The circumstances leading to our decision to seek relief under Chapter 11 and their impact on our business, including on our liquidity, in combination with the impact of our failure to satisfy certain financial covenants under our existing debt obligations, raise substantial doubt about our ability to continue as a going concern. See Note 7 for more information on financial covenants. These condensed consolidated financial statements do not include any adjustments that might result from the occurrence of any of the uncertainties described herein. | ||||||||
Liabilities Subject to Compromise. | ||||||||
We have segregated liabilities and obligations whose treatment and satisfaction are dependent on the outcome of our reorganization in the Chapter 11 proceedings and have classified these items as liabilities subject to compromise. Generally, all actions to enforce or otherwise effect repayment of pre-petition liabilities of the debtors, as well as all pending litigation against the debtors, are stayed while we are subject to the Chapter 11 proceedings. The ultimate amount of and settlement terms for these types of liabilities will be subject to the claims resolution processes in the Chapter 11 cases and the terms of any plan of reorganization confirmed by the Bankruptcy Court in the Chapter 11 cases. Only those liabilities that are obligations of the debtors (and not the obligations of our operating subsidiaries that are not debtors in the Chapter 11 cases) are included in liabilities subject to compromise. These liabilities subject to compromise may vary significantly from the stated amounts of claims filed with the Bankruptcy Court. Obligations classified as liabilities subject to compromise may be subject to future adjustments depending on the decisions of the Bankruptcy Court in the Chapter 11 cases, further developments with respect to potential disputed claims and/or determination as to the value of any collateral securing claims or other events. Further, additional claims may arise subsequent to the Chapter 11 filing date resulting from the rejection of executory contracts and from a determination by the Bankruptcy Court, or agreed to by parties in interest, of allowed claims for contingencies and other disputed amounts. | ||||||||
We report interest expense incurred subsequent to our Chapter 11 filing date only to the extent that it will be paid during the cases or that it is probable that it will be an allowed claim. Principal and interest payments may not be made on pre-petition debt subject to compromise without approval from the Bankruptcy Court or until a plan of reorganization defining the repayment terms, if any, has been confirmed. Further, the Bankruptcy Code generally disallows the payment of post-petition interest that accrues with respect to unsecured or undersecured claims. As a result, we have not accrued interest that we believe is not probable of being treated as an allowed claim in the Chapter 11 cases. As a result, during the three and nine months ended September 30, 2014, we did not accrue interest aggregating $18.2 million on our NII Capital Corp. and NIIT senior notes subsequent to our Chapter 11 filing date. | ||||||||
As of September 30, 2014, we classified the entire principal balance of our NII Capital Corp. and NIIT senior notes, as well as interest that was accrued and due but unpaid prior to our Chapter 11 filing date, as liabilities subject to compromise in accordance with the requirements of reorganization accounting since these notes are obligations of debtor entities. The components of our liabilities subject to compromise are as follows (in thousands): | ||||||||
September 30, | ||||||||
2014 | ||||||||
7.625% Capital Corp. senior notes due 2021 | $ | 1,450,000 | ||||||
8.875% Capital Corp. senior notes due 2019 | 500,000 | |||||||
10.0% Capital Corp. senior notes due 2016 | 800,000 | |||||||
7.875% NII International Telecom S.C.A. senior notes due 2019 | 700,000 | |||||||
11.375% NII International Telecom S.C.A. senior notes due 2019 | 900,000 | |||||||
Total debt subject to compromise | 4,350,000 | |||||||
Accrued interest on debt subject to compromise | 203,621 | |||||||
Accounts payable | 2,299 | |||||||
Accrued expenses and other | 42,670 | |||||||
Total liabilities subject to compromise | $ | 4,598,590 | ||||||
Reorganization Items. | ||||||||
We classify all income, expenses, gains or losses that are incurred or realized as a result of the commencement of the Chapter 11 cases as reorganization items in our condensed consolidated statements of comprehensive loss. In addition, we report professional fees and related costs associated with and incurred during the Chapter 11 cases as reorganization items. We also reclassify interest income earned by the debtors that would not have been earned but for our Chapter 11 filing as reorganization items. During the third quarter of 2014, we wrote off $8.6 million in net unamortized discounts and premiums, as well as $48.2 million in unamortized financing costs related to all series of our NII Capital Corp. and NIIT senior notes, both of which are included as reorganization items in our condensed consolidated statements of comprehensive loss. We also recognized an immaterial amount of professional fees and other costs related to our Chapter 11 filing as reorganization items in our statements of comprehensive loss. | ||||||||
In accordance with the requirements of reorganization accounting, the following are condensed combined financial statements of the debtor entities: | ||||||||
NII HOLDINGS, INC. AND CERTAIN SUBSIDIARIES (DEBTORS-IN-POSSESSION) (1) | ||||||||
CONDENSED COMBINED BALANCE SHEET | ||||||||
(in thousands) | ||||||||
September 30, | ||||||||
2014 | ||||||||
ASSETS | ||||||||
Current assets | ||||||||
Cash and cash equivalents | $ | 352,302 | ||||||
Short-term intercompany receivables | 122,321 | |||||||
Accounts receivable, prepaid expenses and other | 17,535 | |||||||
Total current assets | 492,158 | |||||||
Property, plant and equipment, net | 52,642 | |||||||
Intangible assets, net | 18,000 | |||||||
Investments in and advances to non-debtor subsidiaries | 1,095,058 | |||||||
Long-term intercompany receivables | 1,671,559 | |||||||
Other assets | 20,683 | |||||||
Total assets | $ | 3,350,100 | ||||||
LIABILITIES AND STOCKHOLDERS’ DEFICIT | ||||||||
Liabilities not subject to compromise | ||||||||
Current liabilities | ||||||||
Accounts payable | $ | 1,401 | ||||||
Accrued expenses and other | 3,271 | |||||||
Total current liabilities | 4,672 | |||||||
Other long-term liabilities | 11,311 | |||||||
Total liabilities not subject to compromise | 15,983 | |||||||
Liabilities subject to compromise | 4,598,590 | |||||||
Intercompany liabilities subject to compromise | 9,820 | |||||||
Total liabilities | 4,624,393 | |||||||
Total stockholders’ deficit | (1,274,293 | ) | ||||||
Total liabilities and stockholders’ deficit | $ | 3,350,100 | ||||||
_______________________________________ | ||||||||
-1 | As of September 30, 2014, the subsidiaries of NII Holdings, Inc. that had filed voluntary petitions seeking relief under Chapter 11 were Nextel International Services, Ltd., NII Capital Corp., NII Aviation, Inc., NII Funding Corp., NII Global Holdings, Inc., NII International Telecom S.C.A., NII International Holdings S.à r.l. and NII International Services S.à r.l. On October 8, 2014, four additional subsidiaries of NII Holdings, Inc. filed voluntary petitions seeking relief under Chapter 11. The condensed combined balance sheet above includes only those entities that were subject to Chapter 11 proceedings as of September 30, 2014. | |||||||
NII HOLDINGS, INC. AND CERTAIN SUBSIDIARIES (DEBTORS-IN-POSSESSION) (1) | ||||||||
CONDENSED COMBINED STATEMENTS OF COMPREHENSIVE LOSS | ||||||||
(in thousands) | ||||||||
Three Months Ended September 30, | Nine Months Ended September 30, | |||||||
2014 | 2014 | |||||||
Operating revenues | $ | 102 | $ | 253 | ||||
Operating expenses | ||||||||
Selling, general and administrative | 37,150 | 131,053 | ||||||
Impairment and restructuring charges | 43,392 | 60,827 | ||||||
Management fee and other | (13,523 | ) | (43,596 | ) | ||||
Depreciation and amortization | 4,167 | 15,315 | ||||||
71,186 | 163,599 | |||||||
Operating loss | (71,084 | ) | (163,346 | ) | ||||
Other expense | ||||||||
Interest expense, net | (84,586 | ) | (288,086 | ) | ||||
Intercompany interest expense | — | (53 | ) | |||||
Interest income | 75 | 876 | ||||||
Intercompany interest income | 9,598 | 24,661 | ||||||
Equity in losses of non-debtor subsidiaries | (240,490 | ) | (965,195 | ) | ||||
Other income, net | 1,619 | 6,885 | ||||||
(313,784 | ) | (1,220,912 | ) | |||||
Loss before reorganization items and income tax provision | (384,868 | ) | (1,384,258 | ) | ||||
Reorganization items | (58,579 | ) | (58,579 | ) | ||||
Income tax provision | — | — | ||||||
Net loss | $ | (443,447 | ) | $ | (1,442,837 | ) | ||
Comprehensive loss, net of income taxes | ||||||||
Foreign currency translation adjustment | $ | (216,109 | ) | $ | (163,106 | ) | ||
Reclassification adjustment for sale of Nextel Chile | (33,885 | ) | (33,885 | ) | ||||
Other | 430 | 296 | ||||||
Other comprehensive loss | (249,564 | ) | (196,695 | ) | ||||
Net loss | (443,447 | ) | (1,442,837 | ) | ||||
Total comprehensive loss | $ | (693,011 | ) | $ | (1,639,532 | ) | ||
_______________________________________ | ||||||||
-1 | As of September 30, 2014, the subsidiaries of NII Holdings, Inc. that had filed voluntary petitions seeking relief under Chapter 11 were Nextel International Services, Ltd., NII Capital Corp., NII Aviation, Inc., NII Funding Corp., NII Global Holdings, Inc., NII International Telecom S.C.A., NII International Holdings S.à r.l. and NII International Services S.à r.l. On October 8, 2014, four additional subsidiaries of NII Holdings, Inc. filed voluntary petitions seeking relief under Chapter 11. The condensed combined statements of comprehensive loss above includes only those entities that were subject to Chapter 11 proceedings as of September 30, 2014. | |||||||
NII HOLDINGS, INC. AND CERTAIN SUBSIDIARIES (DEBTORS-IN-POSSESSION) (1) | ||||||||
CONDENSED COMBINED STATEMENT OF CASH FLOWS | ||||||||
For the Nine Months Ended September 30, 2014 | ||||||||
(in thousands) | ||||||||
2014 | ||||||||
Cash flows from operating activities: | ||||||||
Net loss | $ | (1,442,837 | ) | |||||
Adjustments to reconcile net loss to net cash used in operating activities | 1,113,153 | |||||||
Net cash used in operating activities | (329,684 | ) | ||||||
Cash flows from investing activities: | ||||||||
Capital expenditures | (7,398 | ) | ||||||
Proceeds from sales of fixed assets | 32,390 | |||||||
Proceeds from sales of long-term and short-term investments | 198,007 | |||||||
Intercompany long-term loans | (517,000 | ) | ||||||
Investments in and advances to non-debtor subsidiaries | (124,450 | ) | ||||||
Transfers from restricted cash | 10,000 | |||||||
Net cash used in investing activities | (408,451 | ) | ||||||
Cash flows from financing activities: | ||||||||
Repayments under capital lease and other | (42,414 | ) | ||||||
Other, net | (396 | ) | ||||||
Net cash used in financing activities | (42,810 | ) | ||||||
Net decrease in cash and cash equivalents | (780,945 | ) | ||||||
Cash and cash equivalents, beginning of period | 1,133,247 | |||||||
Cash and cash equivalents, end of period | $ | 352,302 | ||||||
_______________________________________ | ||||||||
-1 | As of September 30, 2014, the subsidiaries of NII Holdings, Inc. that had filed voluntary petitions seeking relief under Chapter 11 were Nextel International Services, Ltd., NII Capital Corp., NII Aviation, Inc., NII Funding Corp., NII Global Holdings, Inc., NII International Telecom S.C.A., NII International Holdings S.à r.l. and NII International Services S.à r.l. On October 8, 2014, four additional subsidiaries of NII Holdings, Inc. filed voluntary petitions seeking relief under Chapter 11. The condensed combined statement of cash flows above includes only those entities that were subject to Chapter 11 proceedings as of September 30, 2014. |
Supplemental_FInancial_Stateme
Supplemental FInancial Statement Information (Notes) | 9 Months Ended | |||||||
Sep. 30, 2014 | ||||||||
Text Block [Abstract] | ' | |||||||
Disclosure Of Summary Of Operations And Significant Accounting Policies [Text Block] | ' | |||||||
Note 3. | Supplemental Financial Statement Information | |||||||
Accumulated Other Comprehensive Loss. As of September 30, 2014 and December 31, 2013, the tax impact on our accumulated other comprehensive loss was not material. The components of our accumulated other comprehensive loss, net of taxes, are as follows: | ||||||||
30-Sep-14 | 31-Dec-13 | |||||||
(in thousands) | ||||||||
Cumulative foreign currency translation adjustment | $ | (1,148,262 | ) | $ | (951,271 | ) | ||
Other | (4,510 | ) | (4,806 | ) | ||||
$ | (1,152,772 | ) | $ | (956,077 | ) | |||
During the third quarter of 2014, we reclassified $33.9 million of accumulated other comprehensive income to income (loss) from discontinued operations in connection with the sale of Nextel Chile. See Note 4 for more information on this sale. | ||||||||
Supplemental Cash Flow Information. | ||||||||
Nine Months Ended September 30, | ||||||||
2014 | 2013 | |||||||
(in thousands) | ||||||||
Capital expenditures | ||||||||
Cash paid for capital expenditures, including capitalized interest on | $ | 514,195 | $ | 513,132 | ||||
property, plant and equipment | ||||||||
Change in capital expenditures accrued and unpaid or financed, including | (219,045 | ) | 75,943 | |||||
interest capitalized | ||||||||
$ | 295,150 | $ | 589,075 | |||||
Interest costs | ||||||||
Interest expense, net | $ | 390,858 | $ | 382,275 | ||||
Interest capitalized | 30,160 | 64,433 | ||||||
$ | 421,018 | $ | 446,708 | |||||
For the nine months ended September 30, 2014, we had $157.8 million in non-cash financing primarily related to capital lease obligations recognized in Mexico in connection with the leaseback of communication towers and borrowings under our equipment financing facility in Mexico. For the nine months ended September 30, 2013, we had $145.1 million in non-cash financing, primarily related to borrowings under our equipment financing facility in Mexico and co-location capital lease obligations on our communication towers in Brazil and Mexico. | ||||||||
Revenue-Based Taxes. We record revenue-based taxes and other excise taxes on a gross basis as a component of both service and other revenues and selling, general and administrative expenses in our condensed consolidated financial statements. For the three and nine months ended September 30, 2014, we recognized $29.5 million and $90.5 million, respectively, in revenue-based taxes and other excise taxes. For the three and nine months ended September 30, 2013, we recognized $36.9 million and $130.0 million, respectively, in revenue-based taxes and other excise taxes. | ||||||||
Net Loss Per Common Share, Basic and Diluted. As presented for the three and nine months ended September 30, 2014 and 2013, our calculation of diluted net loss from continuing operations per common share is based on the weighted average number of common shares outstanding during those periods and does not include other potential common shares, including shares issuable upon the potential exercise of stock options under our stock-based employee compensation plans or restricted common shares issued under those plans since their effect would have been antidilutive to our net loss per common share for those periods. For the three and nine months ended September 30, 2014, we did not include 9.4 million or 8.8 million stock options, respectively, and 1.2 million in restricted stock for both periods, in our calculation of diluted net loss per common share because their effect would have been antidilutive to our net loss per common share for those periods. For the three and nine months ended September 30, 2013, we did not include 12.8 million or 12.3 million stock options, respectively, and 3.4 million or 2.4 million in restricted stock, respectively, in our calculation of diluted net loss per common share because their effect would have been antidilutive to our net loss per common share for those periods. | ||||||||
Reclassifications. We have reclassified some prior period amounts in our condensed consolidated financial statements to conform to our current year presentation. | ||||||||
New Accounting Pronouncements. In May 2014, the Financial Accounting Standards Board, or the FASB, issued new authoritative guidance surrounding revenue recognition, which requires an entity to recognize the amount of revenue to which it expects to be entitled for the transfer of promised goods or services to customers. This new authoritative guidance will replace most existing revenue recognition guidance when it becomes effective. The new standard is effective on January 1, 2017, and early application is not permitted. The standard permits the use of either the retrospective or cumulative effect transition method. We are in the process of evaluating the effect that the new revenue recognition guidance will have on our consolidated financial statements and related disclosures. We have not yet selected a transition method nor have we determined the effect of the standard on our ongoing financial reporting. | ||||||||
In April 2014, the FASB issued new authoritative guidance surrounding discontinued operations and disclosures of components of an entity, which updates the definition of discontinued operations. Going forward only those disposals of components of an entity that represent a strategic shift that has or will have a major effect on an entity's operations and financial results will be reported as discontinued operations in a company's financial statements. The new standard is effective for disposals of components of an entity that occur within annual periods beginning on or after December 15, 2014, and early adoption is permitted. We intend to adopt this standard in the first quarter of 2015. We do not expect the adoption of this standard to have a material impact on our financial statements. | ||||||||
In August 2014, the FASB issued new authoritative guidance surrounding the evaluation and disclosures of uncertainties about an entity's ability to continue as a going concern. The new guidance requires management to perform an assessment of going concern and under certain circumstances disclose information regarding this assessment in the footnotes to the financial statements. The new standard is effective for periods beginning after December 15, 2016. We intend to adopt this standard in the first quarter of 2017. We do not expect the adoption of this standard to have a material impact on our financial statements. |
Discontinued_Operations_Notes
Discontinued Operations (Notes) | 9 Months Ended | |||||||||||||||
Sep. 30, 2014 | ||||||||||||||||
Discontinued Operations and Disposal Groups [Abstract] | ' | |||||||||||||||
Disposal Groups, Including Discontinued Operations, Disclosure [Text Block] | ' | |||||||||||||||
Note 4. | Discontinued Operations | |||||||||||||||
Sale of Nextel Chile. In August 2014, our wholly-owned subsidiaries NII Mercosur Telecom, S.L., NII Mercosur Moviles, S.L. and NII International Telecom S.C.A. completed the sale of all of the outstanding equity interests of our wholly-owned subsidiary, Nextel Chile S.A., or Nextel Chile, to Fucata, S.A., a sociedad anonima existing under the laws of the Oriental Republic of Uruguay, a venture comprised of Grupo Veintitres and Optimum Advisors, for a de minimus amount. | ||||||||||||||||
Sale of Nextel Peru. In August 2013, we, together with our wholly-owned subsidiaries NII Mercosur Telecom, S.L. and NII Mercosur Moviles, S.L., completed the sale of all of the outstanding equity interests of our wholly-owned subsidiary, Nextel del Peru, S.A., or Nextel Peru, to Empresa Nacional de Telecomunicaciones S.A. and one of its subsidiaries, Entel Inversiones, S.A., which we refer to collectively as Entel, for $405.5 million in cash, which included $50.0 million that was deposited in escrow on our behalf to satisfy potential indemnification claims. In April 2014, we released $7.5 million of the amounts held in escrow to Entel as a result of the settlement of certain indemnification claims. The remaining funds held in escrow continue to be available to satisfy potential future indemnification claims. | ||||||||||||||||
In connection with the sale of Nextel Chile and Nextel Peru, we have reported the results of these operating companies as discontinued operations in this quarterly report on Form 10-Q. Accordingly, we reclassified Nextel Chile's and Nextel Peru's results of operations for all periods presented to reflect Nextel Chile and Nextel Peru as discontinued operations. Unless otherwise noted, amounts included in these notes to our condensed consolidated financial statements exclude amounts attributable to discontinued operations. The major components of income (loss) from discontinued operations related to Nextel Chile and Nextel Peru were as follows (in thousands): | ||||||||||||||||
Three Months Ended September 30, | Nine Months Ended September 30, | |||||||||||||||
2014 | 2013 | 2014 | 2013 | |||||||||||||
Operating revenues | $ | 7,391 | $ | 55,415 | $ | 38,596 | $ | 248,846 | ||||||||
Operating expenses | (16,754 | ) | (94,416 | ) | (228,578 | ) | (395,118 | ) | ||||||||
Other expense, net | (8,519 | ) | (38 | ) | (19,990 | ) | (25,341 | ) | ||||||||
Loss before income tax provision | (17,882 | ) | (39,039 | ) | (209,972 | ) | (171,613 | ) | ||||||||
Income tax provision | — | — | — | (900 | ) | |||||||||||
(17,882 | ) | (39,039 | ) | (209,972 | ) | (172,513 | ) | |||||||||
Income (loss) on disposal of Nextel Chile and Nextel Peru | 31,188 | (1,395 | ) | 37,141 | (2,655 | ) | ||||||||||
Income (loss) from discontinued operations, net of income taxes | $ | 13,306 | $ | (40,434 | ) | $ | (172,831 | ) | $ | (175,168 | ) | |||||
The components of assets and liabilities related to discontinued operations as of December 31, 2013, all of which related to Nextel Chile, consisted of the following (in thousands): | ||||||||||||||||
31-Dec-13 | ||||||||||||||||
ASSETS | ||||||||||||||||
Cash and cash equivalents | $ | 3,448 | ||||||||||||||
Accounts receivable, less allowance for doubtful accounts of $6,762 | 11,157 | |||||||||||||||
Handset and accessory inventory | 5,965 | |||||||||||||||
Prepaid expenses and other | 38,526 | |||||||||||||||
Property, plant and equipment, net | 50,515 | |||||||||||||||
Intangible assets, net | 13,300 | |||||||||||||||
Other assets | 46,020 | |||||||||||||||
Total assets | $ | 168,931 | ||||||||||||||
LIABILITIES | ||||||||||||||||
Accounts payable | $ | 22,928 | ||||||||||||||
Accrued expenses and other | 13,841 | |||||||||||||||
Other long-term liabilities | 5,326 | |||||||||||||||
Total liabilities | $ | 42,095 | ||||||||||||||
Impairment_and_Restructuring_C
Impairment and Restructuring Charges (Notes) | 9 Months Ended | |||||||||||||||
Sep. 30, 2014 | ||||||||||||||||
Restructuring and Related Activities [Abstract] | ' | |||||||||||||||
Restructuring, Impairment, and Other Activities Disclosure [Text Block] | ' | |||||||||||||||
Impairment and Restructuring Charges | ||||||||||||||||
Asset Impairments. | ||||||||||||||||
In September 2014, we evaluated strategic options for the next generation of our push-to-talk services and determined that, for one of these options, further development was no longer probable. As a result, we recognized a $47.9 million asset impairment charge, $5.1 million of which was recognized by Nextel Mexico and the remainder of which was recognized at the corporate level. | ||||||||||||||||
In addition, during the third quarter of 2014, we recognized $13.6 million in other asset impairment charges, the majority of which related to the shutdown or abandonment of approximately 200 transmitter and receiver sites in Brazil and Mexico and about 50 retail store closures in Brazil related to the realignment of our distribution channels. | ||||||||||||||||
In June 2014, we recognized a $6.4 million asset impairment charge at the corporate level related to the sale of our corporate aircraft. | ||||||||||||||||
In January 2013, we concluded that the continuation of the broader usage of software previously developed for use in multiple markets to support our customer relationship management systems was no longer feasible and evaluated the possibility of restricting its ongoing use to one market. As a result of this evaluation, in the first quarter of 2013, we recognized a non-cash asset impairment charge of $85.3 million related to the discontinuation of this software. | ||||||||||||||||
In accordance with the FASB's authoritative guidance on the impairment of long-lived assets, we review our long-lived assets for impairment whenever events and circumstances indicate that the carrying amount of the asset may not be recoverable. We evaluate the recoverability of an asset by comparing the carrying amount of the asset to the estimated undiscounted future cash flows expected to be generated by the asset. During the third quarter of 2014, we determined that the recoverable amount of Nextel Argentina's asset group exceeded its carrying amount by less than 10%. | ||||||||||||||||
Restructuring Charges. | ||||||||||||||||
During the three and nine months ended September 30, 2014, we recognized $12.7 million and $37.8 million in severance and related costs as a result of the separation of approximately 85 employees at the corporate level, all of whom were severed in the second quarter of 2014; approximately 800 employees in Brazil, all of whom were severed in the third quarter of 2014; approximately 1,170 employees in Mexico, 800 of whom were severed in the second quarter of 2014 and the remainder of whom were separated in the third quarter of 2014; and six employees in Argentina, all of whom were severed in the third quarter of 2014. We severed these employees in an effort to streamline our organizational structure and reduce general and administrative expenses. | ||||||||||||||||
In 2009, we entered into an agreement with Nokia Siemens Networks, or NSN, to manage our network operations infrastructure. During the first quarter of 2013, we restructured and amended this agreement, reduced the scope of the services provided by NSN, added terms to facilitate the transition of those services to us and established the terms on which further transitions of services and the termination of the arrangements could be implemented in each of our markets. Under the agreements in effect prior to this restructuring, we classified a portion of the base contractual fees as a prepayment and were recognizing this prepayment over the life of the previous agreement. As a result of this restructuring, we recognized a non-cash charge of $38.2 million relating to the write-off of the remainder of the prepayment during the first quarter of 2013. In March 2014, we settled certain refund claims, which resulted in restructuring benefits of $3.2 million during the nine months ended September 30, 2014. | ||||||||||||||||
In September 2014, we recognized a $17.6 million charge related to the cessation of our utilization of certain network services in Brazil. | ||||||||||||||||
Total impairment and restructuring charges by operating segment for the three and nine months ended September 30, 2014 and 2013 were as follows (in thousands): | ||||||||||||||||
Three Months Ended | Nine Months Ended | |||||||||||||||
September 30, | September 30, | |||||||||||||||
2014 | 2013 | 2014 | 2013 | |||||||||||||
Brazil | $ | 38,194 | $ | — | $ | 38,194 | $ | 23,814 | ||||||||
Mexico | 13,951 | 8,598 | 26,744 | 29,684 | ||||||||||||
Argentina | 2,555 | — | 2,555 | 3,779 | ||||||||||||
Corporate | 43,392 | 12,743 | 60,827 | 89,743 | ||||||||||||
Total impairment and restructuring charges | $ | 98,092 | $ | 21,341 | $ | 128,320 | $ | 147,020 | ||||||||
As of September 30, 2014, total accrued restructuring charges were as follows (in thousands): | ||||||||||||||||
Balance, January 1, 2014 | $ | 15,410 | ||||||||||||||
Restructuring charges | 59,311 | |||||||||||||||
Cash payments | (38,375 | ) | ||||||||||||||
Balance, September 30, 2014 | $ | 36,346 | ||||||||||||||
Balance_Sheet_Details_Notes
Balance Sheet Details (Notes) | 9 Months Ended | |||||||||||||||||||||||
Sep. 30, 2014 | ||||||||||||||||||||||||
Balance Sheet Details [Abstract] | ' | |||||||||||||||||||||||
Supplemental Balance Sheet Disclosures [Text Block] | ' | |||||||||||||||||||||||
Note 6. | Supplemental Balance Sheet Information | |||||||||||||||||||||||
Prepaid Expenses and Other. | ||||||||||||||||||||||||
The components of our prepaid expenses and other current assets are as follows: | ||||||||||||||||||||||||
September 30, | December 31, | |||||||||||||||||||||||
2014 | 2013 | |||||||||||||||||||||||
(in thousands) | ||||||||||||||||||||||||
Value-added taxes | $ | 181,660 | $ | 207,951 | ||||||||||||||||||||
Income taxes | 38,598 | 59,054 | ||||||||||||||||||||||
Spectrum fees | 33,370 | 1,109 | ||||||||||||||||||||||
Other prepaid assets | 116,416 | 88,999 | ||||||||||||||||||||||
Other current assets | 83,851 | 40,461 | ||||||||||||||||||||||
$ | 453,895 | $ | 397,574 | |||||||||||||||||||||
Property, Plant and Equipment, Net. | ||||||||||||||||||||||||
The components of our property, plant and equipment are as follows: | ||||||||||||||||||||||||
September 30, | December 31, | |||||||||||||||||||||||
2014 | 2013 | |||||||||||||||||||||||
(in thousands) | ||||||||||||||||||||||||
Land | $ | 7,373 | $ | 7,663 | ||||||||||||||||||||
Building and leasehold improvements | 165,825 | 190,258 | ||||||||||||||||||||||
Network equipment, communication towers and network software | 4,689,990 | 4,735,361 | ||||||||||||||||||||||
Software, office equipment, furniture and fixtures and other | 756,142 | 753,665 | ||||||||||||||||||||||
Corporate aircraft | — | 42,747 | ||||||||||||||||||||||
Less: Accumulated depreciation and amortization | (3,071,986 | ) | (2,907,939 | ) | ||||||||||||||||||||
2,547,344 | 2,821,755 | |||||||||||||||||||||||
Construction in progress | 253,939 | 515,790 | ||||||||||||||||||||||
$ | 2,801,283 | $ | 3,337,545 | |||||||||||||||||||||
Intangible Assets, Net. | ||||||||||||||||||||||||
Our intangible assets include the following: | ||||||||||||||||||||||||
30-Sep-14 | 31-Dec-13 | |||||||||||||||||||||||
Gross Carrying | Accumulated | Net Carrying | Gross Carrying | Accumulated | Net Carrying | |||||||||||||||||||
Value | Amortization | Value | Value | Amortization | Value | |||||||||||||||||||
(in thousands) | ||||||||||||||||||||||||
Amortizable intangible assets: | ||||||||||||||||||||||||
Licenses | $ | 1,181,743 | $ | (290,173 | ) | $ | 891,570 | $ | 1,205,450 | $ | (243,081 | ) | $ | 962,369 | ||||||||||
As of both September 30, 2014 and December 31, 2013, the balance of our indefinite lived intangible assets was $18.0 million. | ||||||||||||||||||||||||
Accrued Expenses and Other. | ||||||||||||||||||||||||
The components of our accrued expenses and other are as follows: | ||||||||||||||||||||||||
September 30, | December 31, | |||||||||||||||||||||||
2014 | 2013 | |||||||||||||||||||||||
(in thousands) | ||||||||||||||||||||||||
Capital expenditures | $ | 102,189 | $ | 290,036 | ||||||||||||||||||||
Payroll related items and commissions | 78,722 | 89,435 | ||||||||||||||||||||||
Network system and information technology | 69,119 | 92,109 | ||||||||||||||||||||||
Non-income based taxes | 54,856 | 114,360 | ||||||||||||||||||||||
Accrued interest | 15,952 | 128,509 | ||||||||||||||||||||||
Other | 228,047 | 244,610 | ||||||||||||||||||||||
$ | 548,885 | $ | 959,059 | |||||||||||||||||||||
Debt
Debt | 9 Months Ended | |||||||
Sep. 30, 2014 | ||||||||
Debt [Abstract] | ' | |||||||
Debt | ' | |||||||
Debt | ||||||||
Chapter 11 Filing. On September 15, 2014, NII Holdings, Inc. and eight of its subsidiaries, including NII Capital Corp. and NIIT, filed voluntary petitions seeking relief under Chapter 11. The filing constituted an event of default under the NII Capital Corp. and NIIT senior notes; however, the holders of these senior notes are currently precluded from taking any action with respect to such events of default under the Bankruptcy Code. As a result of the commencement of the Chapter 11 cases, the obligations evidenced by the NII Capital Corp. and NIIT senior notes are included in liabilities subject to compromise on our condensed consolidated balance sheet as of September 30, 2014. See Note 2 for more information. The financings included in the table below are considered not subject to compromise. | ||||||||
30-Sep-14 | 31-Dec-13 | |||||||
(in thousands) | ||||||||
NII Capital Corp. senior notes, net | $ | — | $ | 2,729,321 | ||||
NII International Telecom S.C.A. senior notes, net | — | 1,609,962 | ||||||
Brazil bank loans | 385,795 | 444,268 | ||||||
Brazil equipment financing | 366,937 | 352,725 | ||||||
Mexico equipment financing | 346,064 | 300,832 | ||||||
Mexico capital lease and tower financing obligations | 291,729 | 194,227 | ||||||
Brazil capital lease and tower financing obligations | 47,239 | 122,499 | ||||||
Corporate aircraft capital lease | — | 35,736 | ||||||
Other | 1,456 | 3,901 | ||||||
Total debt | 1,439,220 | 5,793,471 | ||||||
Less: current portion | (1,120,272 | ) | (96,839 | ) | ||||
$ | 318,948 | $ | 5,696,632 | |||||
Senior Notes. | ||||||||
NII Capital Corp. 8.875% Senior Notes due 2019. On March 19, 2014, Wilmington Trust Company, or Wilmington Trust, as trustee under the indenture relating to our 8.875% senior notes due 2019, received a notice on behalf of Aurelius Capital Management, or Aurelius, in its capacity as the purported holder of more than 25% of these senior notes, alleging that certain internal corporate restructuring transactions undertaken in 2009, which resulted in certain subsidiary guarantees being released, violated the terms of, and constitute a default under, the indenture. We refer to these allegations as the alleged defaults. These notes are senior unsecured obligations of NII Capital Corp., our wholly-owned domestic subsidiary, and are guaranteed on a senior unsecured basis by NII Holdings and all of its current and future first tier and domestic restricted subsidiaries, other than NII Capital Corp. We believe that the allegations contained in the notice are without merit. | ||||||||
NII International Telecom S.C.A. 7.875% Senior Notes due 2019 and 11.375% Senior Notes due 2019. In connection with the issuance of our 7.875% senior notes and our 11.375% senior notes, both of which are due in 2019, we entered into registration rights agreements with the initial purchasers of these notes. Under these agreements, we are required to prepare and file with the SEC exchange offer registration statements enabling holders to exchange these notes for notes having identical terms that are freely tradable, cause the exchange offer registration statements to be declared effective as promptly as possible by the SEC, and consummate the exchange offers within 360 days of the date of issue of these notes. We have not filed these exchange offer registration statements and are therefore subject to the additional interest provisions under the registration rights agreements and applicable indentures. Additional interest for our failure to register the notes is equal to 0.25% per year on the principal amount of the notes with respect to the first 90-day period immediately following the failure to register. The amount of additional interest will increase by an additional 0.25% per year with respect to each subsequent 90-day period, up to a maximum amount of additional interest of 1.00% per year. As of September 30, 2014, we accrued an immaterial amount of additional interest on the 7.875% and 11.375% notes in connection with this failure to register these notes, all of which is included in liabilities subject to compromise on our condensed consolidated balance sheets. | ||||||||
Equipment Financing Facilities. | ||||||||
As of the last measurement date of June 30, 2014, we were not in compliance with certain financial covenants in our equipment financing facilities in Brazil and Mexico that we are required to meet semiannually, calculated as of June 30 and December 31 of each year. In June 2014, the lender under these equipment financing facilities waived the requirement that we comply with the financial covenants for the June 30, 2014 measurement date. As of September 30, 2014, we had $713.0 million principal amount outstanding under these equipment financing facilities. Because we expect that, absent a waiver or amendment, we will be unable to meet the financial covenants in these equipment financing facilities as of the next compliance date on December 31, 2014, we classified the principal amounts outstanding under these facilities as current liabilities in our condensed consolidated balance sheet as of September 30, 2014. We are actively involved in discussions with the lender under our equipment financing facilities with respect to proposed amendments to those facilities that would address these financial covenant compliance issues. However, there is no guarantee that the lender of our equipment financing facilities will provide additional waivers or agree to amendments to those facilities that would address our failure to comply with the financial covenants. In addition, under the terms of the waivers that we received, we are not permitted to borrow the additional amounts that were available under these facilities at the time the waiver was granted, and it is unlikely that we will be permitted to borrow those amounts in the future. | ||||||||
Brazil Bank Loans. | ||||||||
As of June 30, 2014, we were not in compliance with the net debt financial covenants included in Nextel Brazil's local bank loans that we are required to meet semiannually, calculated as of June 30 and December 31 of each year. In September 2014, the lender of one of our bank loans in Brazil waived the requirement that we comply with the financial covenants under that loan for the June 30, 2014 measurement date. As of September 30, 2014, Nextel Brazil had a total of $385.8 million principal amount outstanding under its bank loans. Because of our noncompliance at the June 30 measurement date, and because we expect that, absent a waiver or amendment, we will be unable to meet the financial covenants in these bank loans as of the next compliance date on December 31, 2014, we classified the principal amounts outstanding under these local bank loans as current liabilities in our condensed consolidated balance sheet as of September 30, 2014. We are actively engaged in discussions with the lenders under our local bank loans in Brazil with respect to potential waivers and amendments to the terms of the related agreements that would address these financial covenant compliance issues. However, there is no guarantee that the lenders of Nextel Brazil's local bank loans will provide additional waivers or agree to amendments to those facilities that would address our failure to comply with the financial covenants. | ||||||||
Capital Leases. | ||||||||
Mexico and Brazil Capital Leases. In November 2013, Nextel Mexico completed the sale of 1,483 communication towers to American Tower for proceeds based on foreign currency exchange rates at the time of $374.3 million, subject to purchase price adjustments. During the adjustment period, Nextel Mexico accounted for this transaction under the deposit method and recorded the proceeds as a deposit liability. During the third quarter of 2014, the price adjustments were finalized, and we began accounting for the transaction as a sale-leaseback. As result, we recognized $75.4 million of the gain on the sale of the towers within operating income in the third quarter of 2014 and deferred the remaining $179.6 million of the gain, which we will recognize into income over the term of the leaseback of the towers. We also recognized a capital lease liability of $112.4 million related to our leaseback of a portion of each of these towers. | ||||||||
In December 2013, Nextel Brazil completed the sale of 1,940 communication towers to American Tower for proceeds based on foreign currency exchange rates at the time of $348.0 million, subject to purchase price adjustments. Nextel Brazil also completed the sale of 103 towers for proceeds of $18.6 million in June 2014, subject to purchase price adjustments. In October 2014, upon the finalization of the price adjustments, Nextel Brazil completed the sale of these towers and began accounting for this transaction as a sale-leaseback. As a result, in the fourth quarter of 2014, Nextel Brazil expects to recognize a deferred gain of approximately $160.0 million, which we will recognize into income over the term of the leaseback of the towers, and a capital lease liability of approximately $180.0 million related to the leaseback of a portion of each of these towers. | ||||||||
Corporate Aircraft Lease. In 2009, we entered into an agreement to lease a corporate aircraft, which we accounted for as a capital lease. In June 2014, we entered into an agreement to sell this corporate aircraft for $32.5 million. In addition, in conjunction with the sale, we exercised our pre-existing option to purchase this aircraft from the lessor and immediately terminated the lease. In connection with the sale of the corporate aircraft and the termination of the associated lease, we recognized a $6.4 million asset impairment charge in the second quarter of 2014. |
Fair_Value_Measurements
Fair Value Measurements | 9 Months Ended | |||||||||||||||
Sep. 30, 2014 | ||||||||||||||||
Fair Value Measurements | ' | |||||||||||||||
Fair Value Measurements | ' | |||||||||||||||
Fair Value Measurements | ||||||||||||||||
Financial Instruments. | ||||||||||||||||
Available-for-Sale Securities. | ||||||||||||||||
As of September 30, 2014 and December 31, 2013, available-for-sale securities included $98.3 million and $418.6 million, respectively, in short-term investments made by Nextel Brazil in two investment funds and certificates of deposit with a Brazilian bank. These funds invest primarily in Brazilian government bonds, long-term, low-risk bank certificates of deposit and Brazilian corporate debentures. During the three and nine months ended September 30, 2014 and 2013, we did not have any material unrealized gains or losses associated with these investments. | ||||||||||||||||
We account for our available-for-sale securities at fair value in accordance with the FASB's authoritative guidance surrounding the accounting for investments in debt and equity securities. The fair value of the Brazilian securities is based on the net asset value of the funds. The fair value of the certificates of deposit held at the corporate level is based on quoted market prices for the individual instruments. In our judgment, both of these types of securities trade with sufficient daily observable market activity to support a Level 1 classification within the fair value hierarchy. | ||||||||||||||||
Debt Instruments. | ||||||||||||||||
The carrying amounts and estimated fair values of our debt instruments are as follows: | ||||||||||||||||
30-Sep-14 | 31-Dec-13 | |||||||||||||||
Carrying | Estimated | Carrying | Estimated | |||||||||||||
Amount | Fair Value | Amount | Fair Value | |||||||||||||
(in thousands) | ||||||||||||||||
NII Capital Corp. senior notes, net (1) | $ | 2,750,000 | $ | 629,550 | $ | 2,729,321 | $ | 1,227,950 | ||||||||
NII International Telecom S.C.A. senior notes, net (1) | 1,600,000 | 1,060,500 | 1,609,962 | 1,271,370 | ||||||||||||
Equipment financing | 713,001 | 634,943 | 653,557 | 620,173 | ||||||||||||
Bank loans and other | 387,251 | 295,376 | 448,169 | 373,796 | ||||||||||||
$ | 5,450,252 | $ | 2,620,369 | $ | 5,441,009 | $ | 3,493,289 | |||||||||
_______________________________________ | ||||||||||||||||
(1) As of September 30, 2014, both our senior notes held by NII Capital Corp. and our senior notes held by NII International Telecom S.C.A. are classified as liabilities subject to compromise in our condensed consolidated balance sheet. | ||||||||||||||||
We estimated the fair values of our senior notes using quoted market prices. Because our fair value measurement is based on market prices in an active market, we consider this Level 1 in the fair value hierarchy. | ||||||||||||||||
Bank loans and other consists primarily of loans with certain banks in Brazil and Mexico. We estimated the fair value of these bank loans, as well as the fair value of our equipment financing, utilizing inputs such as U.S. Treasury security yield curves, prices of comparable bonds, LIBOR and zero-coupon yield curves, U.S. Treasury bond rates and credit spreads on comparable publicly traded bonds and consider these measurements to be Level 2 in the fair value hierarchy. | ||||||||||||||||
Other Financial Instruments. | ||||||||||||||||
The carrying values of cash and cash equivalents, accounts receivable and accounts payable contained in our condensed consolidated balance sheets approximate their fair values due to the short-term nature of these instruments. The fair values of our derivative instruments are not material. |
Commitments_and_Contingencies
Commitments and Contingencies | 9 Months Ended |
Sep. 30, 2014 | |
Commitments and Contingencies [Abstract] | ' |
Commitments and Contingencies | ' |
Commitments and Contingencies | |
Brazilian Contingencies. | |
Nextel Brazil has received various assessment notices from state and federal Brazilian authorities asserting deficiencies in payments related primarily to value-added taxes, excise taxes on imported equipment and other non-income based taxes. Nextel Brazil has filed various administrative and legal petitions disputing these assessments. In some cases, Nextel Brazil has received favorable decisions, which are currently being appealed by the respective governmental authority. In other cases, Nextel Brazil's petitions have been denied, and Nextel Brazil is currently appealing those decisions. Nextel Brazil also had contingencies related to certain regulatory, civil and labor-related matters as of September 30, 2014 and December 31, 2013. | |
As of September 30, 2014 and December 31, 2013, Nextel Brazil had accrued liabilities of $66.6 million and $70.9 million, respectively, related to contingencies, all of which were reported as a component of other long-term liabilities, of which $8.9 million and $11.2 million related to unasserted claims, respectively. We currently estimate the reasonably possible losses related to matters for which Nextel Brazil has not accrued liabilities, as they are not deemed probable, to be approximately $430.0 million as of September 30, 2014. We evaluate the likelihood of probable and reasonably possible losses, if any, related to all known contingencies on an ongoing basis. As a result, future increases or decreases to our accrued liabilities may be necessary and will be recorded in the period when such amounts are determined to be probable and reasonably estimable. | |
Legal Proceedings. | |
Securities Litigation. On March 4, 2014, a purported class action lawsuit was filed against the Company, NII Capital Corp. and certain of the Company’s current and former directors and executive officers in the United States District Court for the Eastern District of Virginia on behalf of a putative class of persons who purchased or otherwise acquired the securities of the Company or NII Capital Corp. between February 25, 2010 and February 27, 2014. The lawsuit is captioned In re NII Holdings, Inc. Securities Litigation, Case Number 14-CV-227. On July 18, 2014, the parties that have been designated as the lead plaintiffs in the lawsuit filed a second amended complaint, which generally alleges that the defendants made false or misleading statements or concealed material adverse information about the Company’s financial condition and operations in violation of Section 10(b), Rule 10b-5 and Section 20(a) of the Securities Exchange Act of 1934. The complaint seeks class certification and unspecified damages, fees and injunctive relief. On September 22, 2014, the judge issued an order staying all proceedings against the Company following the Company's petition for relief under Chapter 11. On October 6, 2014, the Company's motion to dismiss was denied, and the case is currently continuing as to the remaining individual defendants. The Company and the named individuals will continue to vigorously defend themselves in this matter. | |
Chapter 11 Proceedings. On September 15, 2014, NII Holdings, Inc. and eight of its U.S. and Luxembourg-domiciled subsidiaries filed voluntary petitions seeking relief under Chapter 11 in the Bankruptcy Court (Case No. 14-12611). On October 8, 2014, four additional subsidiaries of NII Holdings filed voluntary petitions seeking relief under Chapter 11. The entities that have filed petitions seeking relief under Chapter 11, which we refer to collectively as the debtors, include Nextel International (Services), Ltd.; NII Capital Corp.; NII Aviation, Inc.; NII Funding Corp.; NII Global Holdings, Inc.; NII International Telecom S.C.A.; NII International Holdings S.à r.l.; II International Services S.à r.l.; Airfone Holdings, LLC; Nextel International (Uruguay), LLC; McCaw International (Brazil), LLC; and NII Mercosur, LLC. The debtors continue to operate as "debtors-in-possession" under the jurisdiction of the Bankruptcy Court and in accordance with the applicable provisions of the Bankruptcy Code and orders of the Bankruptcy Court. The Company’s other subsidiaries, including its operating subsidiaries in Brazil, Mexico and Argentina, are not debtors in the Chapter 11 case. As a result of the bankruptcy proceedings, the pending litigation against the debtors is stayed. Subject to certain exceptions and approval by the Bankruptcy Court, during the Chapter 11 proceedings, no party can take further actions to recover pre-petition claims against the Company. | |
In addition, we are subject to claims and legal actions that may arise in the ordinary course of business. We do not believe that any of these pending claims or legal actions will have a material effect on our business, financial condition, results of operations or cash flows. |
Income_Taxes
Income Taxes | 9 Months Ended |
Sep. 30, 2014 | |
Income Tax Disclosure [Abstract] | ' |
Income Taxes | ' |
Income Taxes | |
The realization of deferred tax assets is dependent on the generation of future taxable income sufficient to realize our tax loss carryforwards and other tax deductions. Valuation allowances are required to be recognized on deferred tax assets unless it is determined that it is “more-likely-than-not” that the asset will be realized. In 2013, except for Argentina and certain subsidiaries in Mexico, we recorded full valuation allowances on the deferred tax assets of our foreign operating companies, our U.S. subsidiaries and our foreign holding companies due to substantial negative evidence such as the recent history of cumulative losses and the projected losses for 2014 and subsequent years. We maintained this same valuation allowance position through the third quarter of 2014. As a result, the valuation allowance on our deferred tax assets increased by $325.5 million for the nine-month period ended September 30, 2014. Our valuation allowance was $4.6 billion and $4.3 billion as of September 30, 2014 and December 31, 2013, respectively. | |
For the three and nine months ended September 30, 2014, we recorded a consolidated income tax provision of $6.4 million and $40.1 million, respectively. For the three and nine months ended September 30, 2013, we recorded a consolidated income tax provision of $4.3 million and $74.7 million. The $34.6 million decrease in the consolidated income tax provision from the nine months ended September 30, 2013 to the same period in 2014 is primarily due to a decrease in Nextel Mexico's and Nextel Argentina's current income tax expense and the additional valuation allowance on the deferred tax assets of one of our Mexican subsidiaries that was recorded in the third quarter of 2013. Further, for the reasons discussed above, we were not able to recognize a deferred tax benefit for pre-tax losses recognized in Brazil, most of our Mexican subsidiaries, the U.S. and our foreign holding companies in the nine months ended September 30, 2014. |
Segment_Reporting
Segment Reporting | 9 Months Ended | |||||||||||||||||||
Sep. 30, 2014 | ||||||||||||||||||||
Segment Reporting [Abstract] | ' | |||||||||||||||||||
Segment Reporting | ' | |||||||||||||||||||
Segment Reporting | ||||||||||||||||||||
We have determined our reportable segments based on our method of internal reporting, which disaggregates our business by geographic location. We evaluate performance of these segments and provide resources to them based on operating income before depreciation, amortization and impairment and restructuring charges, which we refer to as segment earnings. Our reportable segments are: (1) Brazil, (2) Mexico and (3) Argentina. | ||||||||||||||||||||
Brazil | Mexico | Argentina | Corporate and Eliminations | Consolidated | ||||||||||||||||
(in thousands) | ||||||||||||||||||||
Three Months Ended September 30, 2014 | ||||||||||||||||||||
Operating revenues | $ | 476,382 | $ | 347,420 | $ | 103,042 | $ | (117 | ) | $ | 926,727 | |||||||||
Segment earnings (losses) | $ | 919 | $ | 1,816 | $ | 14,105 | $ | (36,133 | ) | $ | (19,293 | ) | ||||||||
Less: | ||||||||||||||||||||
Impairment and restructuring charges | (98,092 | ) | ||||||||||||||||||
Gain on sale of towers | 75,441 | |||||||||||||||||||
Depreciation and amortization | (170,956 | ) | ||||||||||||||||||
Foreign currency transaction losses, net | (63,002 | ) | ||||||||||||||||||
Interest expense and other, net | (115,854 | ) | ||||||||||||||||||
Loss from continuing operations before reorganization items and income tax provision | $ | (391,756 | ) | |||||||||||||||||
Capital expenditures | $ | 20,673 | $ | 25,427 | $ | 6,035 | $ | 3,569 | $ | 55,704 | ||||||||||
Three Months Ended September 30, 2013 | ||||||||||||||||||||
Operating revenues | $ | 490,952 | $ | 442,023 | $ | 158,170 | $ | (5,512 | ) | $ | 1,085,633 | |||||||||
Segment earnings (losses) | $ | 42,507 | $ | 32,130 | $ | 36,507 | $ | (40,524 | ) | $ | 70,620 | |||||||||
Less: | ||||||||||||||||||||
Impairment and restructuring charges | (21,341 | ) | ||||||||||||||||||
Depreciation and amortization | (177,168 | ) | ||||||||||||||||||
Foreign currency transaction losses, net | (6,117 | ) | ||||||||||||||||||
Interest expense and other, net | (121,162 | ) | ||||||||||||||||||
Loss from continuing operations before reorganization items and income tax provision | $ | (255,168 | ) | |||||||||||||||||
Capital expenditures | $ | 120,658 | $ | 89,187 | $ | 13,219 | $ | 3,357 | $ | 226,421 | ||||||||||
Nine Months Ended September 30, 2014 | ||||||||||||||||||||
Operating revenues | $ | 1,416,979 | $ | 1,096,076 | $ | 323,831 | $ | (2,397 | ) | $ | 2,834,489 | |||||||||
Segment (losses) earnings | $ | (84,377 | ) | $ | (59,838 | ) | $ | 62,390 | $ | (127,676 | ) | $ | (209,501 | ) | ||||||
Less: | ||||||||||||||||||||
Impairment and restructuring charges | (128,320 | ) | ||||||||||||||||||
Gain on sale of towers | 75,441 | |||||||||||||||||||
Depreciation and amortization | (513,363 | ) | ||||||||||||||||||
Foreign currency transaction losses, net | (48,976 | ) | ||||||||||||||||||
Interest expense and other, net | (346,579 | ) | ||||||||||||||||||
Loss from continuing operations before reorganization items and income tax provision | $ | (1,171,298 | ) | |||||||||||||||||
Capital expenditures | $ | 138,039 | $ | 127,223 | $ | 17,474 | $ | 12,414 | $ | 295,150 | ||||||||||
Nine Months Ended September 30, 2013 | ||||||||||||||||||||
Operating revenues | $ | 1,705,468 | $ | 1,458,734 | $ | 489,155 | $ | (5,558 | ) | $ | 3,647,799 | |||||||||
Segment earnings (losses) | $ | 307,497 | $ | 172,753 | $ | 130,690 | $ | (137,417 | ) | $ | 473,523 | |||||||||
Less: | ||||||||||||||||||||
Impairment and restructuring charges | (147,020 | ) | ||||||||||||||||||
Depreciation and amortization | (539,442 | ) | ||||||||||||||||||
Foreign currency transaction losses, net | (74,820 | ) | ||||||||||||||||||
Interest expense and other, net | (366,142 | ) | ||||||||||||||||||
Loss from continuing operations before reorganization items and income tax provision | $ | (653,901 | ) | |||||||||||||||||
Capital expenditures | $ | 333,366 | $ | 225,723 | $ | 21,177 | $ | 8,809 | $ | 589,075 | ||||||||||
30-Sep-14 | ||||||||||||||||||||
Identifiable assets | $ | 3,329,825 | $ | 2,047,208 | $ | 366,374 | $ | 502,263 | $ | 6,245,670 | ||||||||||
31-Dec-13 | ||||||||||||||||||||
Identifiable assets | $ | 3,705,642 | $ | 2,695,091 | $ | 451,041 | $ | 1,828,180 | -1 | $ | 8,679,954 | |||||||||
__________________________ | ||||||||||||||||||||
-1 | As of December 31, 2013, identifiable assets in the "Corporate and Eliminations" column include $168.9 million of total assets related to discontinued operations as a result of the sale of Nextel Chile. See Note 4 for more information. |
Condensed_Consolidating_Financ
Condensed Consolidating Financial Statements | 9 Months Ended | |||||||||||||||||||||||
Sep. 30, 2014 | ||||||||||||||||||||||||
Condensed Consolidating Financial Statements | ' | |||||||||||||||||||||||
Condensed Consolidating Financial Statements | ' | |||||||||||||||||||||||
Condensed Consolidating Financial Statements | ||||||||||||||||||||||||
In 2011, we issued $1.45 billion in aggregate principal amount of our 7.625% senior notes due 2021. In addition, during 2009, we issued senior notes totaling $1.3 billion in aggregate principal amount comprised of our 10.0% senior notes due 2016 and our 8.875% senior notes due 2019. All of these senior notes are senior unsecured obligations of NII Capital Corp., our wholly-owned domestic subsidiary, and are guaranteed on a senior unsecured basis by NII Holdings, Inc. and all of its current and future first tier and domestic restricted subsidiaries, other than NII Capital Corp. No foreign subsidiaries will guarantee the senior notes unless they are first tier subsidiaries of NII Holdings, Inc. These guarantees are full and unconditional, as well as joint and several. | ||||||||||||||||||||||||
In connection with the issuance of the senior notes and the guarantees thereof, we are required to provide certain condensed consolidating financial information. Included in the tables below are condensed consolidating balance sheets as of September 30, 2014 and December 31, 2013, as well as condensed consolidating statements of comprehensive loss for the three and nine months ended September 30, 2014 and 2013 and condensed consolidating statements of cash flows for the nine months ended September 30, 2014 and 2013, of: (a) the parent company, NII Holdings, Inc.; (b) the subsidiary issuer, NII Capital Corp.; (c) the guarantor subsidiaries on a combined basis; (d) the non-guarantor subsidiaries on a combined basis; (e) consolidating adjustments; and (f) NII Holdings, Inc. and subsidiaries on a consolidated basis. In addition, as discussed in Note 2, on September 15, 2014, NII Holdings, Inc. and eight of its U.S. and Luxembourg-domiciled subsidiaries filed voluntary petitions seeking relief under Chapter 11 in the Bankruptcy Court. These debtor entities consisted of: NII Capital Corp., which represents the subsidiary issuer in the following condensed consolidating financial statements; Nextel International Services, Ltd., NII Aviation, Inc., NII Funding Corp. and NII Global Holdings, Inc., all of which are included in the guarantor subsidiaries column in the following condensed consolidating financial statements; and NII International Telecom S.C.A., NII International Holdings S.à r.l. and NII International Services S.à r.l., all of which are included in the non-guarantor subsidiaries column in the following condensed consolidating financial statements. | ||||||||||||||||||||||||
CONDENSED CONSOLIDATING BALANCE SHEET | ||||||||||||||||||||||||
As of September 30, 2014 | ||||||||||||||||||||||||
NII Holdings, | NII Capital | Guarantor | Non- | Consolidating | Consolidated | |||||||||||||||||||
Inc. (Parent) | Corp. (Issuer)(1) | Subsidiaries(2) | Guarantor | Adjustments | ||||||||||||||||||||
Subsidiaries | ||||||||||||||||||||||||
(in thousands) | ||||||||||||||||||||||||
ASSETS | ||||||||||||||||||||||||
Current assets | ||||||||||||||||||||||||
Cash and cash equivalents | $ | 113,985 | $ | 25,168 | $ | 12,856 | $ | 489,493 | $ | — | $ | 641,502 | ||||||||||||
Short-term investments | — | — | — | 98,271 | — | 98,271 | ||||||||||||||||||
Accounts receivable, net | — | — | 560 | 467,905 | — | 468,465 | ||||||||||||||||||
Short-term intercompany receivables | 26,397 | 65,132 | 95,960 | 6,233 | (193,722 | ) | — | |||||||||||||||||
Handset and accessory inventory | — | — | — | 264,412 | — | 264,412 | ||||||||||||||||||
Deferred income taxes, net | — | — | 625 | 85,077 | (984 | ) | 84,718 | |||||||||||||||||
Prepaid expenses and other | 7,611 | — | 9,362 | 436,922 | — | 453,895 | ||||||||||||||||||
Total current assets | 147,993 | 90,300 | 119,363 | 1,848,313 | (194,706 | ) | 2,011,263 | |||||||||||||||||
Property, plant and equipment, net | — | — | 52,642 | 2,748,641 | — | 2,801,283 | ||||||||||||||||||
Investments in and advances to | 588,455 | 317,673 | 369,565 | — | (1,275,693 | ) | — | |||||||||||||||||
affiliates | ||||||||||||||||||||||||
Intangible assets, net | 18,000 | — | — | 891,570 | — | 909,570 | ||||||||||||||||||
Deferred income taxes, net | 15,592 | — | — | 9,810 | (15,592 | ) | 9,810 | |||||||||||||||||
Long-term intercompany receivables | 1,455,976 | 3,834,714 | 633,482 | 1,357 | (5,925,529 | ) | — | |||||||||||||||||
Other assets | 17,389 | — | 3,294 | 493,061 | — | 513,744 | ||||||||||||||||||
Total assets | $ | 2,243,405 | $ | 4,242,687 | $ | 1,178,346 | $ | 5,992,752 | $ | (7,411,520 | ) | $ | 6,245,670 | |||||||||||
LIABILITIES AND STOCKHOLDERS’ (DEFICIT) EQUITY | ||||||||||||||||||||||||
Liabilities not subject to compromise | ||||||||||||||||||||||||
Current liabilities | ||||||||||||||||||||||||
Accounts payable | $ | — | $ | — | $ | 1,401 | $ | 188,693 | $ | — | $ | 190,094 | ||||||||||||
Short-term intercompany payables | — | — | 2,767 | 173,397 | (176,164 | ) | — | |||||||||||||||||
Accrued expenses and other | — | — | 3,333 | 546,411 | (859 | ) | 548,885 | |||||||||||||||||
Deferred revenues | — | — | — | 100,526 | — | 100,526 | ||||||||||||||||||
Current portion of long-term debt | — | — | — | 1,120,272 | — | 1,120,272 | ||||||||||||||||||
Deposits related to 2013 sale of towers | — | — | — | 317,606 | — | 317,606 | ||||||||||||||||||
Total current liabilities | — | — | 7,501 | 2,446,905 | (177,023 | ) | 2,277,383 | |||||||||||||||||
Long-term debt | — | — | — | 318,948 | — | 318,948 | ||||||||||||||||||
Deferred income tax liabilities | — | 2,950 | 14,786 | 75,130 | (15,592 | ) | 77,274 | |||||||||||||||||
Long-term intercompany payables | — | — | — | 138,718 | (138,718 | ) | — | |||||||||||||||||
Other long-term liabilities | 16 | — | 9,152 | 238,600 | — | 247,768 | ||||||||||||||||||
Total liabilities not subject to compromise | 16 | 2,950 | 31,439 | 3,218,301 | (331,333 | ) | 2,921,373 | |||||||||||||||||
Liabilities subject to compromise | 30,584 | 2,859,387 | 13,125 | 1,695,494 | — | 4,598,590 | ||||||||||||||||||
Intercompany liabilities subject to compromise | 3,487,098 | 115,458 | 1,492,910 | 709,392 | (5,804,858 | ) | — | |||||||||||||||||
Total liabilities subject to compromise | 3,517,682 | 2,974,845 | 1,506,035 | 2,404,886 | (5,804,858 | ) | 4,598,590 | |||||||||||||||||
Total stockholders’ (deficit) equity | (1,274,293 | ) | 1,264,892 | (359,128 | ) | 369,565 | (1,275,329 | ) | (1,274,293 | ) | ||||||||||||||
Total liabilities and stockholders’ (deficit) equity | $ | 2,243,405 | $ | 4,242,687 | $ | 1,178,346 | $ | 5,992,752 | $ | (7,411,520 | ) | $ | 6,245,670 | |||||||||||
_______________________________________ | ||||||||||||||||||||||||
-1 | NII Capital Corp. is the issuer of our 7.625% senior notes due 2021, our 10.0% senior notes due 2016 and our 8.875% senior notes due 2019. | |||||||||||||||||||||||
-2 | Represents our subsidiaries that have provided guarantees of the obligations of NII Capital Corp. under our 7.625% senior notes due 2021, our 10.0% senior notes due 2016 and our 8.875% senior notes due 2019. | |||||||||||||||||||||||
CONDENSED CONSOLIDATING BALANCE SHEET | ||||||||||||||||||||||||
As of December 31, 2013 | ||||||||||||||||||||||||
NII Holdings, | NII Capital | Guarantor | Non- | Consolidating | Consolidated | |||||||||||||||||||
Inc. (Parent) | Corp. (Issuer) | Subsidiaries | Guarantor | Adjustments | ||||||||||||||||||||
Subsidiaries | ||||||||||||||||||||||||
(in thousands) | ||||||||||||||||||||||||
ASSETS | ||||||||||||||||||||||||
Current assets | ||||||||||||||||||||||||
Cash and cash equivalents | $ | 356,314 | $ | — | $ | 5,586 | $ | 1,368,435 | $ | — | $ | 1,730,335 | ||||||||||||
Short-term investments | — | — | — | 585,760 | — | 585,760 | ||||||||||||||||||
Accounts receivable, net | — | — | 627 | 510,779 | — | 511,406 | ||||||||||||||||||
Short-term intercompany receivables | 31,803 | 129,810 | 72,595 | 4,779 | (238,987 | ) | — | |||||||||||||||||
Handset and accessory inventory | — | — | — | 336,620 | — | 336,620 | ||||||||||||||||||
Deferred income taxes, net | — | — | 1,145 | 126,250 | — | 127,395 | ||||||||||||||||||
Prepaid expenses and other | 6,832 | — | 7,914 | 382,828 | — | 397,574 | ||||||||||||||||||
Assets related to discontinued operations | — | — | — | 59,096 | — | 59,096 | ||||||||||||||||||
Total current assets | 394,949 | 129,810 | 87,867 | 3,374,547 | (238,987 | ) | 3,748,186 | |||||||||||||||||
Property, plant and equipment, net | — | — | 130,729 | 3,207,103 | (287 | ) | 3,337,545 | |||||||||||||||||
Investments in and advances to affiliates | 1,867,753 | 1,503,202 | 1,562,080 | — | (4,933,035 | ) | — | |||||||||||||||||
Intangible assets, net | 18,000 | — | — | 962,369 | — | 980,369 | ||||||||||||||||||
Deferred income taxes, net | 16,025 | — | — | 26,716 | (16,028 | ) | 26,713 | |||||||||||||||||
Long-term intercompany receivables | 1,474,658 | 3,714,760 | 701,680 | 1,354 | (5,892,452 | ) | — | |||||||||||||||||
Other assets | 29,381 | 32,556 | 15,383 | 399,986 | — | 477,306 | ||||||||||||||||||
Assets related to discontinued operations | — | — | — | 109,835 | — | 109,835 | ||||||||||||||||||
Total assets | $ | 3,800,766 | $ | 5,380,328 | $ | 2,497,739 | $ | 8,081,910 | $ | (11,080,789 | ) | $ | 8,679,954 | |||||||||||
LIABILITIES AND STOCKHOLDERS’ EQUITY | ||||||||||||||||||||||||
Current liabilities | ||||||||||||||||||||||||
Accounts payable | $ | — | $ | — | $ | 727 | $ | 345,401 | $ | — | $ | 346,128 | ||||||||||||
Short-term intercompany payables | 464,798 | 132,007 | 1,485,835 | 159,322 | (2,241,962 | ) | — | |||||||||||||||||
Accrued expenses and other | — | 59,490 | 26,089 | 873,702 | (222 | ) | 959,059 | |||||||||||||||||
Deferred revenues | — | — | — | 127,782 | — | 127,782 | ||||||||||||||||||
Current portion of long-term debt | — | — | 1,871 | 94,968 | — | 96,839 | ||||||||||||||||||
Deposits related to 2013 sale of towers | — | — | — | 720,013 | — | 720,013 | ||||||||||||||||||
Liabilities related to discontinued operations | — | — | — | 36,769 | — | 36,769 | ||||||||||||||||||
Total current liabilities | 464,798 | 191,497 | 1,514,522 | 2,357,957 | (2,242,184 | ) | 2,286,590 | |||||||||||||||||
Long-term debt | 23 | 2,729,321 | 33,864 | 2,933,424 | — | 5,696,632 | ||||||||||||||||||
Deferred revenues | — | — | — | 11,238 | — | 11,238 | ||||||||||||||||||
Deferred income tax liabilities | 3 | 2,950 | 15,384 | 106,682 | (16,028 | ) | 108,991 | |||||||||||||||||
Long-term intercompany payables | 2,950,226 | — | 10,390 | 929,990 | (3,890,606 | ) | — | |||||||||||||||||
Other long-term liabilities | 30,329 | — | 10,248 | 175,213 | — | 215,790 | ||||||||||||||||||
Liabilities related to discontinued operations | — | — | — | 5,326 | — | 5,326 | ||||||||||||||||||
Total liabilities | 3,445,379 | 2,923,768 | 1,584,408 | 6,519,830 | (6,148,818 | ) | 8,324,567 | |||||||||||||||||
Total stockholders’ equity | 355,387 | 2,456,560 | 913,331 | 1,562,080 | (4,931,971 | ) | 355,387 | |||||||||||||||||
Total liabilities and stockholders’ equity | $ | 3,800,766 | $ | 5,380,328 | $ | 2,497,739 | $ | 8,081,910 | $ | (11,080,789 | ) | $ | 8,679,954 | |||||||||||
CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE LOSS | ||||||||||||||||||||||||
For the Three Months Ended September 30, 2014 | ||||||||||||||||||||||||
NII Holdings, | NII Capital | Guarantor | Non- | Consolidating | Consolidated | |||||||||||||||||||
Inc. (Parent) | Corp. (Issuer) | Subsidiaries | Guarantor | Adjustments | ||||||||||||||||||||
Subsidiaries | ||||||||||||||||||||||||
(in thousands) | ||||||||||||||||||||||||
Operating revenues | $ | — | $ | 358 | $ | 926,625 | $ | (256 | ) | $ | 926,727 | |||||||||||||
Operating expenses | ||||||||||||||||||||||||
Cost of revenues (exclusive of | — | — | — | 539,858 | — | 539,858 | ||||||||||||||||||
depreciation and amortization | ||||||||||||||||||||||||
included below) | ||||||||||||||||||||||||
Selling, general and administrative | 522 | 3,142 | 30,539 | 373,776 | (1,817 | ) | 406,162 | |||||||||||||||||
Impairment and restructuring charges | — | — | 43,391 | 54,701 | — | 98,092 | ||||||||||||||||||
Gain on sale of towers | — | — | — | (75,441 | ) | — | (75,441 | ) | ||||||||||||||||
Management fee and other | — | — | (13,529 | ) | 13,599 | (70 | ) | — | ||||||||||||||||
Depreciation and amortization | — | — | 4,167 | 166,789 | — | 170,956 | ||||||||||||||||||
522 | 3,142 | 64,568 | 1,073,282 | (1,887 | ) | 1,139,627 | ||||||||||||||||||
Operating loss | (522 | ) | (3,142 | ) | (64,210 | ) | (146,657 | ) | 1,631 | (212,900 | ) | |||||||||||||
Other income (expense) | ||||||||||||||||||||||||
Interest expense, net | (132 | ) | (50,309 | ) | (77 | ) | (79,774 | ) | — | (130,292 | ) | |||||||||||||
Intercompany interest expense | (48,890 | ) | — | (18 | ) | (10,858 | ) | 59,766 | — | |||||||||||||||
Interest income | 62 | — | 2 | 13,431 | — | 13,495 | ||||||||||||||||||
Intercompany interest income | 111 | 59,282 | 372 | 1 | (59,766 | ) | — | |||||||||||||||||
Foreign currency transaction losses, net | — | — | — | (63,002 | ) | — | (63,002 | ) | ||||||||||||||||
Equity in loss of affiliates | (392,272 | ) | (290,229 | ) | (289,308 | ) | — | 971,809 | — | |||||||||||||||
Other income (expense), net | 1,631 | — | (2 | ) | 245 | (931 | ) | 943 | ||||||||||||||||
(439,490 | ) | (281,256 | ) | (289,031 | ) | (139,957 | ) | 970,878 | (178,856 | ) | ||||||||||||||
Loss from continuing operations before reorganization items and income tax (provision) benefit | (440,012 | ) | (284,398 | ) | (353,241 | ) | (286,614 | ) | 972,509 | (391,756 | ) | |||||||||||||
Reorganization items | — | (45,652 | ) | (1,750 | ) | (11,177 | ) | — | (58,579 | ) | ||||||||||||||
Income tax (provision) benefit | (3,435 | ) | 7,319 | (4,464 | ) | (5,523 | ) | (315 | ) | (6,418 | ) | |||||||||||||
Net loss from continuing operations | (443,447 | ) | (322,731 | ) | (359,455 | ) | (303,314 | ) | 972,194 | (456,753 | ) | |||||||||||||
Income from discontinued operations, net of income taxes | — | — | — | 14,006 | (700 | ) | 13,306 | |||||||||||||||||
Net loss | $ | (443,447 | ) | $ | (322,731 | ) | $ | (359,455 | ) | $ | (289,308 | ) | $ | 971,494 | $ | (443,447 | ) | |||||||
Comprehensive loss, net of income taxes | ||||||||||||||||||||||||
Foreign currency translation | $ | (216,109 | ) | $ | (215,707 | ) | $ | (215,707 | ) | $ | (215,707 | ) | $ | 647,121 | $ | (216,109 | ) | |||||||
adjustment | ||||||||||||||||||||||||
Reclassification adjustment for sale of Nextel Chile | (33,885 | ) | (33,885 | ) | (33,885 | ) | (33,885 | ) | 101,655 | (33,885 | ) | |||||||||||||
Other | 430 | 430 | 430 | 430 | (1,290 | ) | 430 | |||||||||||||||||
Other comprehensive loss | (249,564 | ) | (249,162 | ) | (249,162 | ) | (249,162 | ) | 747,486 | (249,564 | ) | |||||||||||||
Net loss | (443,447 | ) | (322,731 | ) | (359,455 | ) | (289,308 | ) | 971,494 | (443,447 | ) | |||||||||||||
Total comprehensive loss | $ | (693,011 | ) | $ | (571,893 | ) | $ | (608,617 | ) | $ | (538,470 | ) | $ | 1,718,980 | $ | (693,011 | ) | |||||||
CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE LOSS | ||||||||||||||||||||||||
For the Three Months Ended September 30, 2013 | ||||||||||||||||||||||||
NII Holdings, | NII Capital | Guarantor | Non- | Consolidating | Consolidated | |||||||||||||||||||
Inc. (Parent) | Corp. (Issuer) | Subsidiaries | Guarantor | Adjustments | ||||||||||||||||||||
Subsidiaries | ||||||||||||||||||||||||
(in thousands) | ||||||||||||||||||||||||
Operating revenues | $ | — | $ | — | $ | 777 | $ | 1,085,624 | $ | (768 | ) | $ | 1,085,633 | |||||||||||
Operating expenses | ||||||||||||||||||||||||
Cost of revenues (exclusive of | — | — | — | 554,036 | — | 554,036 | ||||||||||||||||||
depreciation and amortization | ||||||||||||||||||||||||
included below) | ||||||||||||||||||||||||
Selling, general and administrative | 748 | — | 38,077 | 424,236 | (2,084 | ) | 460,977 | |||||||||||||||||
Impairment and restructuring charges | — | — | 12,741 | 8,600 | — | 21,341 | ||||||||||||||||||
Management fee and other | — | — | 9,959 | (2,835 | ) | (7,124 | ) | — | ||||||||||||||||
Depreciation and amortization | — | — | 5,524 | 171,644 | — | 177,168 | ||||||||||||||||||
748 | — | 66,301 | 1,155,681 | (9,208 | ) | 1,213,522 | ||||||||||||||||||
Operating loss | (748 | ) | — | (65,524 | ) | (70,057 | ) | 8,440 | (127,889 | ) | ||||||||||||||
Other income (expense) | ||||||||||||||||||||||||
Interest expense, net | (141 | ) | (60,271 | ) | (323 | ) | (74,182 | ) | — | (134,917 | ) | |||||||||||||
Intercompany interest expense | (59,183 | ) | — | (15 | ) | (12,821 | ) | 72,019 | — | |||||||||||||||
Interest income | 227 | — | 2 | 9,036 | — | 9,265 | ||||||||||||||||||
Intercompany interest income | 76 | 71,762 | 181 | — | (72,019 | ) | — | |||||||||||||||||
Foreign currency transaction losses, net | — | — | — | (6,117 | ) | — | (6,117 | ) | ||||||||||||||||
Equity in loss of affiliates | (255,170 | ) | (235,362 | ) | (235,810 | ) | — | 726,342 | — | |||||||||||||||
Other income, net | 8,115 | — | 666 | 4,149 | (8,440 | ) | 4,490 | |||||||||||||||||
(306,076 | ) | (223,871 | ) | (235,299 | ) | (79,935 | ) | 717,902 | (127,279 | ) | ||||||||||||||
Loss from continuing operations before income tax benefit (provision) | (306,824 | ) | (223,871 | ) | (300,823 | ) | (149,992 | ) | 726,342 | (255,168 | ) | |||||||||||||
Income tax benefit (provision) | 6,883 | (4,311 | ) | (1,449 | ) | (45,384 | ) | 39,922 | (4,339 | ) | ||||||||||||||
Net loss from continuing operations | (299,941 | ) | (228,182 | ) | (302,272 | ) | (195,376 | ) | 766,264 | (259,507 | ) | |||||||||||||
Loss from discontinued operations, net of income taxes | — | — | — | (40,434 | ) | — | (40,434 | ) | ||||||||||||||||
Net loss | $ | (299,941 | ) | $ | (228,182 | ) | $ | (302,272 | ) | $ | (235,810 | ) | $ | 766,264 | $ | (299,941 | ) | |||||||
Comprehensive loss, net of income taxes | ||||||||||||||||||||||||
Foreign currency translation | $ | (20,129 | ) | $ | (20,155 | ) | $ | (20,155 | ) | $ | (20,155 | ) | $ | 60,465 | $ | (20,129 | ) | |||||||
adjustment | ||||||||||||||||||||||||
Other | 4,231 | 4,231 | 4,231 | 4,231 | (12,693 | ) | 4,231 | |||||||||||||||||
Other comprehensive loss | (15,898 | ) | (15,924 | ) | (15,924 | ) | (15,924 | ) | 47,772 | (15,898 | ) | |||||||||||||
Net loss | (299,941 | ) | (228,182 | ) | (302,272 | ) | (235,810 | ) | 766,264 | (299,941 | ) | |||||||||||||
Total comprehensive loss | $ | (315,839 | ) | $ | (244,106 | ) | $ | (318,196 | ) | $ | (251,734 | ) | $ | 814,036 | $ | (315,839 | ) | |||||||
CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE LOSS | ||||||||||||||||||||||||
For the Nine Months Ended September 30, 2014 | ||||||||||||||||||||||||
NII Holdings, | NII Capital | Guarantor | Non- | Consolidating | Consolidated | |||||||||||||||||||
Inc. (Parent) | Corp. (Issuer) | Subsidiaries | Guarantor | Adjustments | ||||||||||||||||||||
Subsidiaries | ||||||||||||||||||||||||
(in thousands) | ||||||||||||||||||||||||
Operating revenues | $ | — | $ | — | $ | 2,045 | $ | 2,834,236 | $ | (1,792 | ) | $ | 2,834,489 | |||||||||||
Operating expenses | ||||||||||||||||||||||||
Cost of revenues (exclusive of | — | — | — | 1,738,253 | — | 1,738,253 | ||||||||||||||||||
depreciation and amortization | ||||||||||||||||||||||||
included below) | ||||||||||||||||||||||||
Selling, general and administrative | 2,117 | 3,814 | 122,013 | 1,184,162 | (6,369 | ) | 1,305,737 | |||||||||||||||||
Impairment and restructuring charges | — | — | 60,827 | 67,493 | — | 128,320 | ||||||||||||||||||
Gain on sale of towers | — | — | — | (75,441 | ) | — | (75,441 | ) | ||||||||||||||||
Management fee and other | — | — | (43,439 | ) | 45,646 | (2,207 | ) | — | ||||||||||||||||
Depreciation and amortization | — | — | 15,315 | 498,048 | — | 513,363 | ||||||||||||||||||
2,117 | 3,814 | 154,716 | 3,458,161 | (8,576 | ) | 3,610,232 | ||||||||||||||||||
Operating loss | (2,117 | ) | (3,814 | ) | (152,671 | ) | (623,925 | ) | 6,784 | (775,743 | ) | |||||||||||||
Other income (expense) | ||||||||||||||||||||||||
Interest expense, net | (414 | ) | (171,647 | ) | (543 | ) | (218,254 | ) | — | (390,858 | ) | |||||||||||||
Intercompany interest expense | (165,324 | ) | — | (53 | ) | (36,264 | ) | 201,641 | — | |||||||||||||||
Interest income | 266 | — | 7 | 46,060 | — | 46,333 | ||||||||||||||||||
Intercompany interest income | 290 | 200,467 | 884 | — | (201,641 | ) | — | |||||||||||||||||
Foreign currency transaction losses, net | — | — | — | (48,976 | ) | — | (48,976 | ) | ||||||||||||||||
Equity in loss of affiliates | (1,292,952 | ) | (1,107,328 | ) | (1,104,506 | ) | — | 3,504,786 | — | |||||||||||||||
Other income (expense), net | 6,784 | — | (2 | ) | (3,039 | ) | (5,797 | ) | (2,054 | ) | ||||||||||||||
(1,451,350 | ) | (1,078,508 | ) | (1,104,213 | ) | (260,473 | ) | 3,498,989 | (395,555 | ) | ||||||||||||||
Loss from continuing operations before reorganization items and income tax benefit (provision) | (1,453,467 | ) | (1,082,322 | ) | (1,256,884 | ) | (884,398 | ) | 3,505,773 | (1,171,298 | ) | |||||||||||||
Reorganization items | — | (45,652 | ) | (1,750 | ) | (11,177 | ) | — | (58,579 | ) | ||||||||||||||
Income tax benefit (provision) | 10,630 | — | (12,975 | ) | (36,800 | ) | (984 | ) | (40,129 | ) | ||||||||||||||
Net loss from continuing operations | (1,442,837 | ) | (1,127,974 | ) | (1,271,609 | ) | (932,375 | ) | 3,504,789 | (1,270,006 | ) | |||||||||||||
Loss from discontinued operations, net of income taxes | — | — | — | (172,131 | ) | (700 | ) | (172,831 | ) | |||||||||||||||
Net loss | $ | (1,442,837 | ) | $ | (1,127,974 | ) | $ | (1,271,609 | ) | $ | (1,104,506 | ) | $ | 3,504,089 | $ | (1,442,837 | ) | |||||||
Comprehensive loss, net of income taxes | ||||||||||||||||||||||||
Foreign currency translation | $ | (163,106 | ) | $ | (163,100 | ) | $ | (163,100 | ) | $ | (163,100 | ) | $ | 489,300 | $ | (163,106 | ) | |||||||
adjustment | ||||||||||||||||||||||||
Reclassification adjustment for sale of Nextel Chile | (33,885 | ) | (33,885 | ) | (33,885 | ) | (33,885 | ) | 101,655 | (33,885 | ) | |||||||||||||
Other | 296 | 296 | 296 | 296 | (888 | ) | 296 | |||||||||||||||||
Other comprehensive loss | (196,695 | ) | (196,689 | ) | (196,689 | ) | (196,689 | ) | 590,067 | (196,695 | ) | |||||||||||||
Net loss | (1,442,837 | ) | (1,127,974 | ) | (1,271,609 | ) | (1,104,506 | ) | 3,504,089 | (1,442,837 | ) | |||||||||||||
Total comprehensive loss | $ | (1,639,532 | ) | $ | (1,324,663 | ) | $ | (1,468,298 | ) | $ | (1,301,195 | ) | $ | 4,094,156 | $ | (1,639,532 | ) | |||||||
CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE LOSS | ||||||||||||||||||||||||
For the Nine Months Ended September 30, 2013 | ||||||||||||||||||||||||
NII Holdings, | NII Capital | Guarantor | Non- | Consolidating | Consolidated | |||||||||||||||||||
Inc. (Parent) | Corp. (Issuer) | Subsidiaries | Guarantor | Adjustments | ||||||||||||||||||||
Subsidiaries | ||||||||||||||||||||||||
(in thousands) | ||||||||||||||||||||||||
Operating revenues | $ | — | $ | — | $ | 2,313 | $ | 3,647,790 | $ | (2,304 | ) | $ | 3,647,799 | |||||||||||
Operating expenses | ||||||||||||||||||||||||
Cost of revenues (exclusive of | — | — | — | 1,731,260 | — | 1,731,260 | ||||||||||||||||||
depreciation and amortization | ||||||||||||||||||||||||
included below) | ||||||||||||||||||||||||
Selling, general and administrative | 2,345 | — | 131,048 | 1,315,964 | (6,341 | ) | 1,443,016 | |||||||||||||||||
Impairment and restructuring charges | — | — | 89,029 | 57,991 | — | 147,020 | ||||||||||||||||||
Management fee and other | — | — | (44,351 | ) | 69,366 | (25,015 | ) | — | ||||||||||||||||
Depreciation and amortization | — | — | 21,429 | 518,013 | — | 539,442 | ||||||||||||||||||
2,345 | — | 197,155 | 3,692,594 | (31,356 | ) | 3,860,738 | ||||||||||||||||||
Operating loss | (2,345 | ) | — | (194,842 | ) | (44,804 | ) | 29,052 | (212,939 | ) | ||||||||||||||
Other income (expense) | ||||||||||||||||||||||||
Interest expense, net | (419 | ) | (179,546 | ) | (1,100 | ) | (201,210 | ) | — | (382,275 | ) | |||||||||||||
Intercompany interest expense | (175,617 | ) | — | (42 | ) | (38,822 | ) | 214,481 | — | |||||||||||||||
Interest income | 799 | — | 8 | 23,936 | — | 24,743 | ||||||||||||||||||
Intercompany interest income | 1,226 | 212,947 | 308 | — | (214,481 | ) | — | |||||||||||||||||
Foreign currency transaction losses, net | — | — | — | (74,820 | ) | — | (74,820 | ) | ||||||||||||||||
Equity in loss of affiliates | (766,624 | ) | (622,252 | ) | (619,874 | ) | — | 2,008,750 | — | |||||||||||||||
Other income (expense), net | 28,731 | — | 611 | (8,900 | ) | (29,052 | ) | (8,610 | ) | |||||||||||||||
(911,904 | ) | (588,851 | ) | (620,089 | ) | (299,816 | ) | 1,979,698 | (440,962 | ) | ||||||||||||||
Loss from continuing operations before income tax benefit (provision) | (914,249 | ) | (588,851 | ) | (814,931 | ) | (344,620 | ) | 2,008,750 | (653,901 | ) | |||||||||||||
Income tax benefit (provision) | 10,453 | (12,251 | ) | (7,042 | ) | (100,086 | ) | 34,199 | (74,727 | ) | ||||||||||||||
Net loss from continuing operations | (903,796 | ) | (601,102 | ) | (821,973 | ) | (444,706 | ) | 2,042,949 | (728,628 | ) | |||||||||||||
Loss from discontinued operations, net of income taxes | — | — | — | (175,168 | ) | — | (175,168 | ) | ||||||||||||||||
Net loss | $ | (903,796 | ) | $ | (601,102 | ) | $ | (821,973 | ) | $ | (619,874 | ) | $ | 2,042,949 | $ | (903,796 | ) | |||||||
Comprehensive loss, net of income taxes | ||||||||||||||||||||||||
Foreign currency translation | $ | (218,306 | ) | $ | (218,226 | ) | $ | (218,226 | ) | $ | (218,226 | ) | $ | 654,678 | $ | (218,306 | ) | |||||||
adjustment | ||||||||||||||||||||||||
Other | 439 | 439 | 439 | 439 | (1,317 | ) | 439 | |||||||||||||||||
Other comprehensive loss | (217,867 | ) | (217,787 | ) | (217,787 | ) | (217,787 | ) | 653,361 | (217,867 | ) | |||||||||||||
Net loss | (903,796 | ) | (601,102 | ) | (821,973 | ) | (619,874 | ) | 2,042,949 | (903,796 | ) | |||||||||||||
Total comprehensive loss | $ | (1,121,663 | ) | $ | (818,889 | ) | $ | (1,039,760 | ) | $ | (837,661 | ) | $ | 2,696,310 | $ | (1,121,663 | ) | |||||||
CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS | ||||||||||||||||||||||||
For the Nine Months Ended September 30, 2014 | ||||||||||||||||||||||||
NII Holdings, | NII Capital | Guarantor | Non- | Consolidating | Consolidated | |||||||||||||||||||
Inc. (Parent) | Corp. (Issuer) | Subsidiaries | Guarantor | Adjustments | ||||||||||||||||||||
Subsidiaries | ||||||||||||||||||||||||
(in thousands) | ||||||||||||||||||||||||
Cash flows from operating activities: | ||||||||||||||||||||||||
Net loss | $ | (1,442,837 | ) | $ | (1,127,974 | ) | $ | (1,271,609 | ) | $ | (1,104,506 | ) | $ | 3,504,089 | $ | (1,442,837 | ) | |||||||
Adjustments to reconcile net loss to net cash (used in) provided by operating activities | 1,346,923 | 1,153,588 | 1,140,157 | 572,668 | (3,504,089 | ) | 709,247 | |||||||||||||||||
Total operating cash (used in) provided by continuing operations | (95,914 | ) | 25,614 | (131,452 | ) | (531,838 | ) | — | (733,590 | ) | ||||||||||||||
Total operating cash used in discontinued operations | — | — | — | (62,583 | ) | — | (62,583 | ) | ||||||||||||||||
Net cash (used in) provided by operating activities | (95,914 | ) | 25,614 | (131,452 | ) | (594,421 | ) | — | (796,173 | ) | ||||||||||||||
Cash flows from investing activities: | ||||||||||||||||||||||||
Capital expenditures | — | — | (7,398 | ) | (506,797 | ) | — | (514,195 | ) | |||||||||||||||
Purchases of long-term and short- | — | — | — | (1,331,015 | ) | — | (1,331,015 | ) | ||||||||||||||||
term investments | ||||||||||||||||||||||||
Proceeds from sales of long-term | — | — | — | 1,848,594 | — | 1,848,594 | ||||||||||||||||||
and short-term investments | ||||||||||||||||||||||||
Investments in subsidiaries | (157,998 | ) | (446 | ) | — | — | 158,444 | — | ||||||||||||||||
Change in restricted cash and escrow accounts | 10,000 | — | — | (167,237 | ) | — | (157,237 | ) | ||||||||||||||||
Other, net | 1,669 | — | 32,390 | (35,224 | ) | (1,669 | ) | (2,834 | ) | |||||||||||||||
Total investing cash (used in) provided by continuing operations | (146,329 | ) | (446 | ) | 24,992 | (191,679 | ) | 156,775 | (156,687 | ) | ||||||||||||||
Total investing cash used in discontinued operations | — | — | — | (13,999 | ) | — | (13,999 | ) | ||||||||||||||||
Net cash (used in) provided by investing activities | (146,329 | ) | (446 | ) | 24,992 | (205,678 | ) | 156,775 | (170,686 | ) | ||||||||||||||
Cash flows from financing activities: | ||||||||||||||||||||||||
Borrowings under equipment financing facilities and other | — | — | — | 14,590 | — | 14,590 | ||||||||||||||||||
Repayments under capital leases, equipment financing and other | — | — | (42,414 | ) | (56,043 | ) | — | (98,457 | ) | |||||||||||||||
Capital contributions | — | 20 | 157,812 | 612 | (158,444 | ) | — | |||||||||||||||||
Other, net | (86 | ) | (20 | ) | (1,668 | ) | (527 | ) | 1,669 | (632 | ) | |||||||||||||
Net cash flows (used in) provided by financing activities | (86 | ) | — | 113,730 | (41,368 | ) | (156,775 | ) | (84,499 | ) | ||||||||||||||
Effect of exchange rate changes | — | — | — | (40,923 | ) | — | (40,923 | ) | ||||||||||||||||
on cash and cash equivalents | ||||||||||||||||||||||||
Change in cash and cash equivalents related to discontinued operations | — | — | — | 3,448 | — | 3,448 | ||||||||||||||||||
Net (decrease) increase in cash and | (242,329 | ) | 25,168 | 7,270 | (878,942 | ) | — | (1,088,833 | ) | |||||||||||||||
cash equivalents | ||||||||||||||||||||||||
Cash and cash equivalents, | 356,314 | — | 5,586 | 1,368,435 | — | 1,730,335 | ||||||||||||||||||
beginning of period | ||||||||||||||||||||||||
Cash and cash equivalents, end of | $ | 113,985 | $ | 25,168 | $ | 12,856 | $ | 489,493 | $ | — | $ | 641,502 | ||||||||||||
period | ||||||||||||||||||||||||
CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS | ||||||||||||||||||||||||
For the Nine Months Ended September 30, 2013 | ||||||||||||||||||||||||
NII Holdings, | NII Capital | Guarantor | Non- | Consolidating | Consolidated | |||||||||||||||||||
Inc. (Parent) | Corp. (Issuer) | Subsidiaries | Guarantor | Adjustments | ||||||||||||||||||||
Subsidiaries | ||||||||||||||||||||||||
(in thousands) | ||||||||||||||||||||||||
Cash flows from operating activities: | ||||||||||||||||||||||||
Net loss | $ | (903,796 | ) | $ | (601,102 | ) | $ | (821,973 | ) | $ | (619,874 | ) | $ | 2,042,949 | $ | (903,796 | ) | |||||||
Adjustments to reconcile net loss to net cash (used in) provided by operating activities | 809,240 | 653,552 | 707,180 | 855,308 | (2,092,859 | ) | 932,421 | |||||||||||||||||
Total operating cash (used in) provided by continuing operations | (94,556 | ) | 52,450 | (114,793 | ) | 235,434 | (49,910 | ) | 28,625 | |||||||||||||||
Total operating cash used in discontinued operations | — | — | — | (131,342 | ) | — | (131,342 | ) | ||||||||||||||||
Net cash (used in) provided by operating activities | (94,556 | ) | 52,450 | (114,793 | ) | 104,092 | (49,910 | ) | (102,717 | ) | ||||||||||||||
Cash flows from investing activities: | ||||||||||||||||||||||||
Capital expenditures | — | — | (11,580 | ) | (501,552 | ) | — | (513,132 | ) | |||||||||||||||
Payments for purchases of licenses | — | — | — | (42,105 | ) | — | (42,105 | ) | ||||||||||||||||
Purchases of long-term and short-term investments | — | — | — | (1,772,379 | ) | — | (1,772,379 | ) | ||||||||||||||||
Proceeds from sales of long-term and short-term investments | — | — | — | 1,619,551 | — | 1,619,551 | ||||||||||||||||||
Investments in subsidiaries | (135,714 | ) | (2,540 | ) | (1,259 | ) | — | 139,513 | — | |||||||||||||||
Change in restricted cash and escrow accounts | — | — | — | (17,351 | ) | — | (17,351 | ) | ||||||||||||||||
Other, net | — | — | — | 160 | 16 | 176 | ||||||||||||||||||
Total investing cash used in continuing operations | (135,714 | ) | (2,540 | ) | (12,839 | ) | (713,676 | ) | 139,529 | (725,240 | ) | |||||||||||||
Total investing cash provided by discontinued operations | — | — | — | 237,874 | — | 237,874 | ||||||||||||||||||
Net cash used in investing activities | (135,714 | ) | (2,540 | ) | (12,839 | ) | (475,802 | ) | 139,529 | (487,366 | ) | |||||||||||||
Cash flows from financing activities: | ||||||||||||||||||||||||
Gross proceeds from issuance of senior notes | — | — | — | 1,600,000 | — | 1,600,000 | ||||||||||||||||||
Borrowings under equipment financing facilities | — | — | — | 110,157 | — | 110,157 | ||||||||||||||||||
Payment of line of credit | — | — | — | (327,762 | ) | — | (327,762 | ) | ||||||||||||||||
Repayments under syndicated loan facilities | — | — | — | (323,919 | ) | — | (323,919 | ) | ||||||||||||||||
Repayments of import financing loans | — | — | — | (37,422 | ) | — | (37,422 | ) | ||||||||||||||||
Repayments under tower financing and other borrowings | — | — | (12,391 | ) | (12,527 | ) | — | (24,918 | ) | |||||||||||||||
Capital contributions | — | 20 | 135,694 | 3,799 | (139,513 | ) | — | |||||||||||||||||
Proceeds from intercompany borrowings | — | (49,910 | ) | — | — | 49,910 | — | |||||||||||||||||
Other, net | (918 | ) | (20 | ) | — | (18,484 | ) | (16 | ) | (19,438 | ) | |||||||||||||
Total financing cash (used in) provided by continuing operations | (918 | ) | (49,910 | ) | 123,303 | 993,842 | (89,619 | ) | 976,698 | |||||||||||||||
Total financing cash used in discontinued operations | — | — | — | (152,967 | ) | — | (152,967 | ) | ||||||||||||||||
Net cash (used in) provided by financing activities | (918 | ) | (49,910 | ) | 123,303 | 840,875 | (89,619 | ) | 823,731 | |||||||||||||||
Effect of exchange rate changes on cash and cash equivalents | — | — | — | (38,501 | ) | — | (38,501 | ) | ||||||||||||||||
Change in cash and cash equivalents related to discontinued operations | — | — | — | 10,407 | — | 10,407 | ||||||||||||||||||
Net (decrease) increase in cash and cash equivalents | (231,188 | ) | — | (4,329 | ) | 441,071 | — | 205,554 | ||||||||||||||||
Cash and cash equivalents, beginning of period | 735,022 | — | 6,469 | 623,462 | — | 1,364,953 | ||||||||||||||||||
Cash and cash equivalents, end of period | $ | 503,834 | $ | — | $ | 2,140 | $ | 1,064,533 | $ | — | $ | 1,570,507 | ||||||||||||
Supplemental_FInancial_Stateme1
Supplemental FInancial Statement Information Revenue-Based Taxes (Policies) (USD $) | 3 Months Ended | 9 Months Ended | ||
In Millions, unless otherwise specified | Sep. 30, 2014 | Sep. 30, 2013 | Sep. 30, 2014 | Sep. 30, 2013 |
Income Tax Disclosure [Abstract] | ' | ' | ' | ' |
Revenue Based Taxes Policy [Text Block] | ' | ' | ' | ' |
Revenue-Based Taxes. We record revenue-based taxes and other excise taxes on a gross basis as a component of both service and other revenues and selling, general and administrative expenses in our condensed consolidated financial statements. For the three and nine months ended September 30, 2014, we recognized $29.5 million and $90.5 million, respectively, in revenue-based taxes and other excise taxes. For the three and nine months ended September 30, 2013, we recognized $36.9 million and $130.0 million, respectively, in revenue-based taxes and other excise taxes. | ||||
Revenue Based Taxes And Other Excise Taxes | $29.50 | $36.90 | $90.50 | $130 |
Supplemental_FInancial_Stateme2
Supplemental FInancial Statement Information Earnings Per Share (Policies) | 9 Months Ended |
Sep. 30, 2014 | |
Earnings Per Share [Abstract] | ' |
Earnings Per Share, Policy [Policy Text Block] | ' |
Net Loss Per Common Share, Basic and Diluted. As presented for the three and nine months ended September 30, 2014 and 2013, our calculation of diluted net loss from continuing operations per common share is based on the weighted average number of common shares outstanding during those periods and does not include other potential common shares, including shares issuable upon the potential exercise of stock options under our stock-based employee compensation plans or restricted common shares issued under those plans since their effect would have been antidilutive to our net loss per common share for those periods. For the three and nine months ended September 30, 2014, we did not include 9.4 million or 8.8 million stock options, respectively, and 1.2 million in restricted stock for both periods, in our calculation of diluted net loss per common share because their effect would have been antidilutive to our net loss per common share for those periods. For the three and nine months ended September 30, 2013, we did not include 12.8 million or 12.3 million stock options, respectively, and 3.4 million or 2.4 million in restricted stock, respectively, in our calculation of diluted net loss per common share because their effect would have been antidilutive to our net loss per common share for those periods. |
Supplemental_FInancial_Stateme3
Supplemental FInancial Statement Information Reclassifications (Policies) | 9 Months Ended |
Sep. 30, 2014 | |
Text Block [Abstract] | ' |
Reclassifications [Text Block] | ' |
Reclassifications. We have reclassified some prior period amounts in our condensed consolidated financial statements to conform to our current year presentation. |
Supplemental_FInancial_Stateme4
Supplemental FInancial Statement Information New Accounting Pronouncements (Policies) | 9 Months Ended |
Sep. 30, 2014 | |
Text Block [Abstract] | ' |
New Accounting Pronouncements, Policy [Policy Text Block] | ' |
New Accounting Pronouncements. In May 2014, the Financial Accounting Standards Board, or the FASB, issued new authoritative guidance surrounding revenue recognition, which requires an entity to recognize the amount of revenue to which it expects to be entitled for the transfer of promised goods or services to customers. This new authoritative guidance will replace most existing revenue recognition guidance when it becomes effective. The new standard is effective on January 1, 2017, and early application is not permitted. The standard permits the use of either the retrospective or cumulative effect transition method. We are in the process of evaluating the effect that the new revenue recognition guidance will have on our consolidated financial statements and related disclosures. We have not yet selected a transition method nor have we determined the effect of the standard on our ongoing financial reporting. | |
In April 2014, the FASB issued new authoritative guidance surrounding discontinued operations and disclosures of components of an entity, which updates the definition of discontinued operations. Going forward only those disposals of components of an entity that represent a strategic shift that has or will have a major effect on an entity's operations and financial results will be reported as discontinued operations in a company's financial statements. The new standard is effective for disposals of components of an entity that occur within annual periods beginning on or after December 15, 2014, and early adoption is permitted. We intend to adopt this standard in the first quarter of 2015 |
Chapter_11_Proceedings_Tables
Chapter 11 Proceedings (Tables) | 9 Months Ended | |||||||
Sep. 30, 2014 | ||||||||
Liabilities Subject to Compromise [Abstract] | ' | |||||||
Schedule of Liabilities Subject to Compromise | 'B September 30, 20147.625% Capital Corp. senior notes due 2021$1,450,0008.875% Capital Corp. senior notes due 2019500,00010.0% Capital Corp. senior notes due 2016800,0007.875% NII International Telecom S.C.A. senior notes due 2019700,00011.375% NII International Telecom S.C.A. senior notes due 2019900,000B B B B Total debt subject to compromise4,350,000Accrued interest on debt subject to compromise203,621Accounts payable2,299Accrued expenses and other42,670B B B B Total liabilities subject to compromise$4,598,590 | |||||||
Condensed Combined Balance Sheet | ' | |||||||
NII HOLDINGS, INC. AND CERTAIN SUBSIDIARIES (DEBTORS-IN-POSSESSION) (1) | ||||||||
CONDENSED COMBINED BALANCE SHEET | ||||||||
(in thousands) | ||||||||
September 30, | ||||||||
2014 | ||||||||
ASSETS | ||||||||
Current assets | ||||||||
Cash and cash equivalents | $ | 352,302 | ||||||
Short-term intercompany receivables | 122,321 | |||||||
Accounts receivable, prepaid expenses and other | 17,535 | |||||||
Total current assets | 492,158 | |||||||
Property, plant and equipment, net | 52,642 | |||||||
Intangible assets, net | 18,000 | |||||||
Investments in and advances to non-debtor subsidiaries | 1,095,058 | |||||||
Long-term intercompany receivables | 1,671,559 | |||||||
Other assets | 20,683 | |||||||
Total assets | $ | 3,350,100 | ||||||
LIABILITIES AND STOCKHOLDERS’ DEFICIT | ||||||||
Liabilities not subject to compromise | ||||||||
Current liabilities | ||||||||
Accounts payable | $ | 1,401 | ||||||
Accrued expenses and other | 3,271 | |||||||
Total current liabilities | 4,672 | |||||||
Other long-term liabilities | 11,311 | |||||||
Total liabilities not subject to compromise | 15,983 | |||||||
Liabilities subject to compromise | 4,598,590 | |||||||
Intercompany liabilities subject to compromise | 9,820 | |||||||
Total liabilities | 4,624,393 | |||||||
Total stockholders’ deficit | (1,274,293 | ) | ||||||
Total liabilities and stockholders’ deficit | $ | 3,350,100 | ||||||
Condensed Combined Statement Of Comprehensive Loss | ' | |||||||
NII HOLDINGS, INC. AND CERTAIN SUBSIDIARIES (DEBTORS-IN-POSSESSION) (1) | ||||||||
CONDENSED COMBINED STATEMENTS OF COMPREHENSIVE LOSS | ||||||||
(in thousands) | ||||||||
Three Months Ended September 30, | Nine Months Ended September 30, | |||||||
2014 | 2014 | |||||||
Operating revenues | $ | 102 | $ | 253 | ||||
Operating expenses | ||||||||
Selling, general and administrative | 37,150 | 131,053 | ||||||
Impairment and restructuring charges | 43,392 | 60,827 | ||||||
Management fee and other | (13,523 | ) | (43,596 | ) | ||||
Depreciation and amortization | 4,167 | 15,315 | ||||||
71,186 | 163,599 | |||||||
Operating loss | (71,084 | ) | (163,346 | ) | ||||
Other expense | ||||||||
Interest expense, net | (84,586 | ) | (288,086 | ) | ||||
Intercompany interest expense | — | (53 | ) | |||||
Interest income | 75 | 876 | ||||||
Intercompany interest income | 9,598 | 24,661 | ||||||
Equity in losses of non-debtor subsidiaries | (240,490 | ) | (965,195 | ) | ||||
Other income, net | 1,619 | 6,885 | ||||||
(313,784 | ) | (1,220,912 | ) | |||||
Loss before reorganization items and income tax provision | (384,868 | ) | (1,384,258 | ) | ||||
Reorganization items | (58,579 | ) | (58,579 | ) | ||||
Income tax provision | — | — | ||||||
Net loss | $ | (443,447 | ) | $ | (1,442,837 | ) | ||
Comprehensive loss, net of income taxes | ||||||||
Foreign currency translation adjustment | $ | (216,109 | ) | $ | (163,106 | ) | ||
Reclassification adjustment for sale of Nextel Chile | (33,885 | ) | (33,885 | ) | ||||
Other | 430 | 296 | ||||||
Other comprehensive loss | (249,564 | ) | (196,695 | ) | ||||
Net loss | (443,447 | ) | (1,442,837 | ) | ||||
Total comprehensive loss | $ | (693,011 | ) | $ | (1,639,532 | ) | ||
Condensed Combined Statement Of Cash Flows | ' | |||||||
NII HOLDINGS, INC. AND CERTAIN SUBSIDIARIES (DEBTORS-IN-POSSESSION) (1) | ||||||||
CONDENSED COMBINED STATEMENT OF CASH FLOWS | ||||||||
For the Nine Months Ended September 30, 2014 | ||||||||
(in thousands) | ||||||||
2014 | ||||||||
Cash flows from operating activities: | ||||||||
Net loss | $ | (1,442,837 | ) | |||||
Adjustments to reconcile net loss to net cash used in operating activities | 1,113,153 | |||||||
Net cash used in operating activities | (329,684 | ) | ||||||
Cash flows from investing activities: | ||||||||
Capital expenditures | (7,398 | ) | ||||||
Proceeds from sales of fixed assets | 32,390 | |||||||
Proceeds from sales of long-term and short-term investments | 198,007 | |||||||
Intercompany long-term loans | (517,000 | ) | ||||||
Investments in and advances to non-debtor subsidiaries | (124,450 | ) | ||||||
Transfers from restricted cash | 10,000 | |||||||
Net cash used in investing activities | (408,451 | ) | ||||||
Cash flows from financing activities: | ||||||||
Repayments under capital lease and other | (42,414 | ) | ||||||
Other, net | (396 | ) | ||||||
Net cash used in financing activities | (42,810 | ) | ||||||
Net decrease in cash and cash equivalents | (780,945 | ) | ||||||
Cash and cash equivalents, beginning of period | 1,133,247 | |||||||
Cash and cash equivalents, end of period | $ | 352,302 | ||||||
Supplemental_FInancial_Stateme5
Supplemental FInancial Statement Information (Tables) | 9 Months Ended | |||||||
Sep. 30, 2014 | ||||||||
Text Block [Abstract] | ' | |||||||
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block] | ' | |||||||
Accumulated Other Comprehensive Loss. As of September 30, 2014 and December 31, 2013, the tax impact on our accumulated other comprehensive loss was not material. The components of our accumulated other comprehensive loss, net of taxes, are as follows: | ||||||||
30-Sep-14 | 31-Dec-13 | |||||||
(in thousands) | ||||||||
Cumulative foreign currency translation adjustment | $ | (1,148,262 | ) | $ | (951,271 | ) | ||
Other | (4,510 | ) | (4,806 | ) | ||||
$ | (1,152,772 | ) | $ | (956,077 | ) | |||
Schedule of Cash Flow, Supplemental Disclosures [Table Text Block] | ' | |||||||
Supplemental Cash Flow Information. | ||||||||
Nine Months Ended September 30, | ||||||||
2014 | 2013 | |||||||
(in thousands) | ||||||||
Capital expenditures | ||||||||
Cash paid for capital expenditures, including capitalized interest on | $ | 514,195 | $ | 513,132 | ||||
property, plant and equipment | ||||||||
Change in capital expenditures accrued and unpaid or financed, including | (219,045 | ) | 75,943 | |||||
interest capitalized | ||||||||
$ | 295,150 | $ | 589,075 | |||||
Interest costs | ||||||||
Interest expense, net | $ | 390,858 | $ | 382,275 | ||||
Interest capitalized | 30,160 | 64,433 | ||||||
$ | 421,018 | $ | 446,708 | |||||
For the nine months ended September 30, 2014, we had $157.8 million in non-cash financing primarily related to capital lease obligations recognized in Mexico in connection with the leaseback of communication towers and borrowings under our equipment financing facility in Mexico. For the nine months ended September 30, 2013, we had $145.1 million in non-cash financing, primarily related to borrowings under our equipment financing facility in Mexico and co-location capital lease obligations on our communication towers in Brazil and Mexico. |
Discontinued_Operations_Tables
Discontinued Operations (Tables) | 9 Months Ended | |||||||||||||||
Sep. 30, 2014 | ||||||||||||||||
Discontinued Operations and Disposal Groups [Abstract] | ' | |||||||||||||||
Schedule of Disposal Groups, Including Discontinued Operations, Income Statement, Balance Sheet and Additional Disclosures [Table Text Block] | ' | |||||||||||||||
Three Months Ended September 30, | Nine Months Ended September 30, | |||||||||||||||
2014 | 2013 | 2014 | 2013 | |||||||||||||
Operating revenues | $ | 7,391 | $ | 55,415 | $ | 38,596 | $ | 248,846 | ||||||||
Operating expenses | (16,754 | ) | (94,416 | ) | (228,578 | ) | (395,118 | ) | ||||||||
Other expense, net | (8,519 | ) | (38 | ) | (19,990 | ) | (25,341 | ) | ||||||||
Loss before income tax provision | (17,882 | ) | (39,039 | ) | (209,972 | ) | (171,613 | ) | ||||||||
Income tax provision | — | — | — | (900 | ) | |||||||||||
(17,882 | ) | (39,039 | ) | (209,972 | ) | (172,513 | ) | |||||||||
Income (loss) on disposal of Nextel Chile and Nextel Peru | 31,188 | (1,395 | ) | 37,141 | (2,655 | ) | ||||||||||
Income (loss) from discontinued operations, net of income taxes | $ | 13,306 | $ | (40,434 | ) | $ | (172,831 | ) | $ | (175,168 | ) | |||||
Discontinued_Operations_Balanc
Discontinued Operations Balance Sheet (Tables) | 9 Months Ended | |||
Sep. 30, 2014 | ||||
Schedule of Discontinued Operations, Balance Sheet [Table Text Block] | ' | |||
31-Dec-13 | ||||
ASSETS | ||||
Cash and cash equivalents | $ | 3,448 | ||
Accounts receivable, less allowance for doubtful accounts of $6,762 | 11,157 | |||
Handset and accessory inventory | 5,965 | |||
Prepaid expenses and other | 38,526 | |||
Property, plant and equipment, net | 50,515 | |||
Intangible assets, net | 13,300 | |||
Other assets | 46,020 | |||
Total assets | $ | 168,931 | ||
LIABILITIES | ||||
Accounts payable | $ | 22,928 | ||
Accrued expenses and other | 13,841 | |||
Other long-term liabilities | 5,326 | |||
Total liabilities | $ | 42,095 | ||
Impairment_and_Restructuring_C1
Impairment and Restructuring Charges (Tables) | 9 Months Ended | |||||||||||||||
Sep. 30, 2014 | ||||||||||||||||
Restructuring and Related Activities [Abstract] | ' | |||||||||||||||
Restructuring and Related Costs [Table Text Block] | ' | |||||||||||||||
As of September 30, 2014, total accrued restructuring charges were as follows (in thousands): | ||||||||||||||||
Balance, January 1, 2014 | $ | 15,410 | ||||||||||||||
Restructuring charges | 59,311 | |||||||||||||||
Cash payments | (38,375 | ) | ||||||||||||||
Balance, September 30, 2014 | $ | 36,346 | ||||||||||||||
Asset Impairment [Table Text Block] | ' | |||||||||||||||
Total impairment and restructuring charges by operating segment for the three and nine months ended September 30, 2014 and 2013 were as follows (in thousands): | ||||||||||||||||
Three Months Ended | Nine Months Ended | |||||||||||||||
September 30, | September 30, | |||||||||||||||
2014 | 2013 | 2014 | 2013 | |||||||||||||
Brazil | $ | 38,194 | $ | — | $ | 38,194 | $ | 23,814 | ||||||||
Mexico | 13,951 | 8,598 | 26,744 | 29,684 | ||||||||||||
Argentina | 2,555 | — | 2,555 | 3,779 | ||||||||||||
Corporate | 43,392 | 12,743 | 60,827 | 89,743 | ||||||||||||
Total impairment and restructuring charges | $ | 98,092 | $ | 21,341 | $ | 128,320 | $ | 147,020 | ||||||||
Balance_Sheet_Details_Tables
Balance Sheet Details (Tables) | 9 Months Ended | |||||||||||||||||||||||
Sep. 30, 2014 | ||||||||||||||||||||||||
Balance Sheet Details [Abstract] | ' | |||||||||||||||||||||||
Schedule of Prepaid Assets and Other Disclosure [Table Text Block] | ' | |||||||||||||||||||||||
Prepaid Expenses and Other. | ||||||||||||||||||||||||
The components of our prepaid expenses and other current assets are as follows: | ||||||||||||||||||||||||
September 30, | December 31, | |||||||||||||||||||||||
2014 | 2013 | |||||||||||||||||||||||
(in thousands) | ||||||||||||||||||||||||
Value-added taxes | $ | 181,660 | $ | 207,951 | ||||||||||||||||||||
Income taxes | 38,598 | 59,054 | ||||||||||||||||||||||
Spectrum fees | 33,370 | 1,109 | ||||||||||||||||||||||
Other prepaid assets | 116,416 | 88,999 | ||||||||||||||||||||||
Other current assets | 83,851 | 40,461 | ||||||||||||||||||||||
$ | 453,895 | $ | 397,574 | |||||||||||||||||||||
Property, Plant and Equipment [Table Text Block] | ' | |||||||||||||||||||||||
Property, Plant and Equipment, Net. | ||||||||||||||||||||||||
The components of our property, plant and equipment are as follows: | ||||||||||||||||||||||||
September 30, | December 31, | |||||||||||||||||||||||
2014 | 2013 | |||||||||||||||||||||||
(in thousands) | ||||||||||||||||||||||||
Land | $ | 7,373 | $ | 7,663 | ||||||||||||||||||||
Building and leasehold improvements | 165,825 | 190,258 | ||||||||||||||||||||||
Network equipment, communication towers and network software | 4,689,990 | 4,735,361 | ||||||||||||||||||||||
Software, office equipment, furniture and fixtures and other | 756,142 | 753,665 | ||||||||||||||||||||||
Corporate aircraft | — | 42,747 | ||||||||||||||||||||||
Less: Accumulated depreciation and amortization | (3,071,986 | ) | (2,907,939 | ) | ||||||||||||||||||||
2,547,344 | 2,821,755 | |||||||||||||||||||||||
Construction in progress | 253,939 | 515,790 | ||||||||||||||||||||||
$ | 2,801,283 | $ | 3,337,545 | |||||||||||||||||||||
Schedule of Finite-Lived Intangible Assets [Table Text Block] | ' | |||||||||||||||||||||||
Intangible Assets, Net. | ||||||||||||||||||||||||
Our intangible assets include the following: | ||||||||||||||||||||||||
30-Sep-14 | 31-Dec-13 | |||||||||||||||||||||||
Gross Carrying | Accumulated | Net Carrying | Gross Carrying | Accumulated | Net Carrying | |||||||||||||||||||
Value | Amortization | Value | Value | Amortization | Value | |||||||||||||||||||
(in thousands) | ||||||||||||||||||||||||
Amortizable intangible assets: | ||||||||||||||||||||||||
Licenses | $ | 1,181,743 | $ | (290,173 | ) | $ | 891,570 | $ | 1,205,450 | $ | (243,081 | ) | $ | 962,369 | ||||||||||
As of both September 30, 2014 and December 31, 2013, the balance of our indefinite lived intangible assets was $18.0 million | ||||||||||||||||||||||||
Schedule of Accrued Liabilities [Table Text Block] | ' | |||||||||||||||||||||||
Accrued Expenses and Other. | ||||||||||||||||||||||||
The components of our accrued expenses and other are as follows: | ||||||||||||||||||||||||
September 30, | December 31, | |||||||||||||||||||||||
2014 | 2013 | |||||||||||||||||||||||
(in thousands) | ||||||||||||||||||||||||
Capital expenditures | $ | 102,189 | $ | 290,036 | ||||||||||||||||||||
Payroll related items and commissions | 78,722 | 89,435 | ||||||||||||||||||||||
Network system and information technology | 69,119 | 92,109 | ||||||||||||||||||||||
Non-income based taxes | 54,856 | 114,360 | ||||||||||||||||||||||
Accrued interest | 15,952 | 128,509 | ||||||||||||||||||||||
Other | 228,047 | 244,610 | ||||||||||||||||||||||
$ | 548,885 | $ | 959,059 | |||||||||||||||||||||
Debt_Tables
Debt (Tables) | 9 Months Ended | |||||||
Sep. 30, 2014 | ||||||||
Debt [Abstract] | ' | |||||||
Debt | ' | |||||||
30-Sep-14 | 31-Dec-13 | |||||||
(in thousands) | ||||||||
NII Capital Corp. senior notes, net | $ | — | $ | 2,729,321 | ||||
NII International Telecom S.C.A. senior notes, net | — | 1,609,962 | ||||||
Brazil bank loans | 385,795 | 444,268 | ||||||
Brazil equipment financing | 366,937 | 352,725 | ||||||
Mexico equipment financing | 346,064 | 300,832 | ||||||
Mexico capital lease and tower financing obligations | 291,729 | 194,227 | ||||||
Brazil capital lease and tower financing obligations | 47,239 | 122,499 | ||||||
Corporate aircraft capital lease | — | 35,736 | ||||||
Other | 1,456 | 3,901 | ||||||
Total debt | 1,439,220 | 5,793,471 | ||||||
Less: current portion | (1,120,272 | ) | (96,839 | ) | ||||
$ | 318,948 | $ | 5,696,632 | |||||
Fair_Value_Measurements_Tables
Fair Value Measurements (Tables) | 9 Months Ended | |||||||||||||||
Sep. 30, 2014 | ||||||||||||||||
Fair Value Measurements | ' | |||||||||||||||
Debt | ' | |||||||||||||||
The carrying amounts and estimated fair values of our debt instruments are as follows: | ||||||||||||||||
30-Sep-14 | 31-Dec-13 | |||||||||||||||
Carrying | Estimated | Carrying | Estimated | |||||||||||||
Amount | Fair Value | Amount | Fair Value | |||||||||||||
(in thousands) | ||||||||||||||||
NII Capital Corp. senior notes, net (1) | $ | 2,750,000 | $ | 629,550 | $ | 2,729,321 | $ | 1,227,950 | ||||||||
NII International Telecom S.C.A. senior notes, net (1) | 1,600,000 | 1,060,500 | 1,609,962 | 1,271,370 | ||||||||||||
Equipment financing | 713,001 | 634,943 | 653,557 | 620,173 | ||||||||||||
Bank loans and other | 387,251 | 295,376 | 448,169 | 373,796 | ||||||||||||
$ | 5,450,252 | $ | 2,620,369 | $ | 5,441,009 | $ | 3,493,289 | |||||||||
Segment_Reporting_Tables
Segment Reporting (Tables) | 9 Months Ended | |||||||||||||||||||
Sep. 30, 2014 | ||||||||||||||||||||
Segment Reporting [Abstract] | ' | |||||||||||||||||||
Segment Reporting Information | ' | |||||||||||||||||||
Brazil | Mexico | Argentina | Corporate and Eliminations | Consolidated | ||||||||||||||||
(in thousands) | ||||||||||||||||||||
Three Months Ended September 30, 2014 | ||||||||||||||||||||
Operating revenues | $ | 476,382 | $ | 347,420 | $ | 103,042 | $ | (117 | ) | $ | 926,727 | |||||||||
Segment earnings (losses) | $ | 919 | $ | 1,816 | $ | 14,105 | $ | (36,133 | ) | $ | (19,293 | ) | ||||||||
Less: | ||||||||||||||||||||
Impairment and restructuring charges | (98,092 | ) | ||||||||||||||||||
Gain on sale of towers | 75,441 | |||||||||||||||||||
Depreciation and amortization | (170,956 | ) | ||||||||||||||||||
Foreign currency transaction losses, net | (63,002 | ) | ||||||||||||||||||
Interest expense and other, net | (115,854 | ) | ||||||||||||||||||
Loss from continuing operations before reorganization items and income tax provision | $ | (391,756 | ) | |||||||||||||||||
Capital expenditures | $ | 20,673 | $ | 25,427 | $ | 6,035 | $ | 3,569 | $ | 55,704 | ||||||||||
Three Months Ended September 30, 2013 | ||||||||||||||||||||
Operating revenues | $ | 490,952 | $ | 442,023 | $ | 158,170 | $ | (5,512 | ) | $ | 1,085,633 | |||||||||
Segment earnings (losses) | $ | 42,507 | $ | 32,130 | $ | 36,507 | $ | (40,524 | ) | $ | 70,620 | |||||||||
Less: | ||||||||||||||||||||
Impairment and restructuring charges | (21,341 | ) | ||||||||||||||||||
Depreciation and amortization | (177,168 | ) | ||||||||||||||||||
Foreign currency transaction losses, net | (6,117 | ) | ||||||||||||||||||
Interest expense and other, net | (121,162 | ) | ||||||||||||||||||
Loss from continuing operations before reorganization items and income tax provision | $ | (255,168 | ) | |||||||||||||||||
Capital expenditures | $ | 120,658 | $ | 89,187 | $ | 13,219 | $ | 3,357 | $ | 226,421 | ||||||||||
Nine Months Ended September 30, 2014 | ||||||||||||||||||||
Operating revenues | $ | 1,416,979 | $ | 1,096,076 | $ | 323,831 | $ | (2,397 | ) | $ | 2,834,489 | |||||||||
Segment (losses) earnings | $ | (84,377 | ) | $ | (59,838 | ) | $ | 62,390 | $ | (127,676 | ) | $ | (209,501 | ) | ||||||
Less: | ||||||||||||||||||||
Impairment and restructuring charges | (128,320 | ) | ||||||||||||||||||
Gain on sale of towers | 75,441 | |||||||||||||||||||
Depreciation and amortization | (513,363 | ) | ||||||||||||||||||
Foreign currency transaction losses, net | (48,976 | ) | ||||||||||||||||||
Interest expense and other, net | (346,579 | ) | ||||||||||||||||||
Loss from continuing operations before reorganization items and income tax provision | $ | (1,171,298 | ) | |||||||||||||||||
Capital expenditures | $ | 138,039 | $ | 127,223 | $ | 17,474 | $ | 12,414 | $ | 295,150 | ||||||||||
Nine Months Ended September 30, 2013 | ||||||||||||||||||||
Operating revenues | $ | 1,705,468 | $ | 1,458,734 | $ | 489,155 | $ | (5,558 | ) | $ | 3,647,799 | |||||||||
Segment earnings (losses) | $ | 307,497 | $ | 172,753 | $ | 130,690 | $ | (137,417 | ) | $ | 473,523 | |||||||||
Less: | ||||||||||||||||||||
Impairment and restructuring charges | (147,020 | ) | ||||||||||||||||||
Depreciation and amortization | (539,442 | ) | ||||||||||||||||||
Foreign currency transaction losses, net | (74,820 | ) | ||||||||||||||||||
Interest expense and other, net | (366,142 | ) | ||||||||||||||||||
Loss from continuing operations before reorganization items and income tax provision | $ | (653,901 | ) | |||||||||||||||||
Capital expenditures | $ | 333,366 | $ | 225,723 | $ | 21,177 | $ | 8,809 | $ | 589,075 | ||||||||||
30-Sep-14 | ||||||||||||||||||||
Identifiable assets | $ | 3,329,825 | $ | 2,047,208 | $ | 366,374 | $ | 502,263 | $ | 6,245,670 | ||||||||||
31-Dec-13 | ||||||||||||||||||||
Identifiable assets | $ | 3,705,642 | $ | 2,695,091 | $ | 451,041 | $ | 1,828,180 | -1 | $ | 8,679,954 | |||||||||
__________________________ | ||||||||||||||||||||
-1 | As of December 31, 2013, identifiable assets in the "Corporate and Eliminations" column include $168.9 million of total assets related to discontinued operations as a result of the sale of Nextel Chile. See Note 4 for more information. |
Condensed_Consolidating_Financ1
Condensed Consolidating Financial Statements (Tables) | 9 Months Ended | |||||||||||||||||||||||
Sep. 30, 2014 | ||||||||||||||||||||||||
Condensed Consolidating Financial Statements | ' | |||||||||||||||||||||||
Condensed Consolidating Balance Sheet | ' | |||||||||||||||||||||||
CONDENSED CONSOLIDATING BALANCE SHEET | ||||||||||||||||||||||||
As of September 30, 2014 | ||||||||||||||||||||||||
NII Holdings, | NII Capital | Guarantor | Non- | Consolidating | Consolidated | |||||||||||||||||||
Inc. (Parent) | Corp. (Issuer)(1) | Subsidiaries(2) | Guarantor | Adjustments | ||||||||||||||||||||
Subsidiaries | ||||||||||||||||||||||||
(in thousands) | ||||||||||||||||||||||||
ASSETS | ||||||||||||||||||||||||
Current assets | ||||||||||||||||||||||||
Cash and cash equivalents | $ | 113,985 | $ | 25,168 | $ | 12,856 | $ | 489,493 | $ | — | $ | 641,502 | ||||||||||||
Short-term investments | — | — | — | 98,271 | — | 98,271 | ||||||||||||||||||
Accounts receivable, net | — | — | 560 | 467,905 | — | 468,465 | ||||||||||||||||||
Short-term intercompany receivables | 26,397 | 65,132 | 95,960 | 6,233 | (193,722 | ) | — | |||||||||||||||||
Handset and accessory inventory | — | — | — | 264,412 | — | 264,412 | ||||||||||||||||||
Deferred income taxes, net | — | — | 625 | 85,077 | (984 | ) | 84,718 | |||||||||||||||||
Prepaid expenses and other | 7,611 | — | 9,362 | 436,922 | — | 453,895 | ||||||||||||||||||
Total current assets | 147,993 | 90,300 | 119,363 | 1,848,313 | (194,706 | ) | 2,011,263 | |||||||||||||||||
Property, plant and equipment, net | — | — | 52,642 | 2,748,641 | — | 2,801,283 | ||||||||||||||||||
Investments in and advances to | 588,455 | 317,673 | 369,565 | — | (1,275,693 | ) | — | |||||||||||||||||
affiliates | ||||||||||||||||||||||||
Intangible assets, net | 18,000 | — | — | 891,570 | — | 909,570 | ||||||||||||||||||
Deferred income taxes, net | 15,592 | — | — | 9,810 | (15,592 | ) | 9,810 | |||||||||||||||||
Long-term intercompany receivables | 1,455,976 | 3,834,714 | 633,482 | 1,357 | (5,925,529 | ) | — | |||||||||||||||||
Other assets | 17,389 | — | 3,294 | 493,061 | — | 513,744 | ||||||||||||||||||
Total assets | $ | 2,243,405 | $ | 4,242,687 | $ | 1,178,346 | $ | 5,992,752 | $ | (7,411,520 | ) | $ | 6,245,670 | |||||||||||
LIABILITIES AND STOCKHOLDERS’ (DEFICIT) EQUITY | ||||||||||||||||||||||||
Liabilities not subject to compromise | ||||||||||||||||||||||||
Current liabilities | ||||||||||||||||||||||||
Accounts payable | $ | — | $ | — | $ | 1,401 | $ | 188,693 | $ | — | $ | 190,094 | ||||||||||||
Short-term intercompany payables | — | — | 2,767 | 173,397 | (176,164 | ) | — | |||||||||||||||||
Accrued expenses and other | — | — | 3,333 | 546,411 | (859 | ) | 548,885 | |||||||||||||||||
Deferred revenues | — | — | — | 100,526 | — | 100,526 | ||||||||||||||||||
Current portion of long-term debt | — | — | — | 1,120,272 | — | 1,120,272 | ||||||||||||||||||
Deposits related to 2013 sale of towers | — | — | — | 317,606 | — | 317,606 | ||||||||||||||||||
Total current liabilities | — | — | 7,501 | 2,446,905 | (177,023 | ) | 2,277,383 | |||||||||||||||||
Long-term debt | — | — | — | 318,948 | — | 318,948 | ||||||||||||||||||
Deferred income tax liabilities | — | 2,950 | 14,786 | 75,130 | (15,592 | ) | 77,274 | |||||||||||||||||
Long-term intercompany payables | — | — | — | 138,718 | (138,718 | ) | — | |||||||||||||||||
Other long-term liabilities | 16 | — | 9,152 | 238,600 | — | 247,768 | ||||||||||||||||||
Total liabilities not subject to compromise | 16 | 2,950 | 31,439 | 3,218,301 | (331,333 | ) | 2,921,373 | |||||||||||||||||
Liabilities subject to compromise | 30,584 | 2,859,387 | 13,125 | 1,695,494 | — | 4,598,590 | ||||||||||||||||||
Intercompany liabilities subject to compromise | 3,487,098 | 115,458 | 1,492,910 | 709,392 | (5,804,858 | ) | — | |||||||||||||||||
Total liabilities subject to compromise | 3,517,682 | 2,974,845 | 1,506,035 | 2,404,886 | (5,804,858 | ) | 4,598,590 | |||||||||||||||||
Total stockholders’ (deficit) equity | (1,274,293 | ) | 1,264,892 | (359,128 | ) | 369,565 | (1,275,329 | ) | (1,274,293 | ) | ||||||||||||||
Total liabilities and stockholders’ (deficit) equity | $ | 2,243,405 | $ | 4,242,687 | $ | 1,178,346 | $ | 5,992,752 | $ | (7,411,520 | ) | $ | 6,245,670 | |||||||||||
_______________________________________ | ||||||||||||||||||||||||
-1 | NII Capital Corp. is the issuer of our 7.625% senior notes due 2021, our 10.0% senior notes due 2016 and our 8.875% senior notes due 2019. | |||||||||||||||||||||||
-2 | Represents our subsidiaries that have provided guarantees of the obligations of NII Capital Corp. under our 7.625% senior notes due 2021, our 10.0% senior notes due 2016 and our 8.875% senior notes due 2019. | |||||||||||||||||||||||
CONDENSED CONSOLIDATING BALANCE SHEET | ||||||||||||||||||||||||
As of December 31, 2013 | ||||||||||||||||||||||||
NII Holdings, | NII Capital | Guarantor | Non- | Consolidating | Consolidated | |||||||||||||||||||
Inc. (Parent) | Corp. (Issuer) | Subsidiaries | Guarantor | Adjustments | ||||||||||||||||||||
Subsidiaries | ||||||||||||||||||||||||
(in thousands) | ||||||||||||||||||||||||
ASSETS | ||||||||||||||||||||||||
Current assets | ||||||||||||||||||||||||
Cash and cash equivalents | $ | 356,314 | $ | — | $ | 5,586 | $ | 1,368,435 | $ | — | $ | 1,730,335 | ||||||||||||
Short-term investments | — | — | — | 585,760 | — | 585,760 | ||||||||||||||||||
Accounts receivable, net | — | — | 627 | 510,779 | — | 511,406 | ||||||||||||||||||
Short-term intercompany receivables | 31,803 | 129,810 | 72,595 | 4,779 | (238,987 | ) | — | |||||||||||||||||
Handset and accessory inventory | — | — | — | 336,620 | — | 336,620 | ||||||||||||||||||
Deferred income taxes, net | — | — | 1,145 | 126,250 | — | 127,395 | ||||||||||||||||||
Prepaid expenses and other | 6,832 | — | 7,914 | 382,828 | — | 397,574 | ||||||||||||||||||
Assets related to discontinued operations | — | — | — | 59,096 | — | 59,096 | ||||||||||||||||||
Total current assets | 394,949 | 129,810 | 87,867 | 3,374,547 | (238,987 | ) | 3,748,186 | |||||||||||||||||
Property, plant and equipment, net | — | — | 130,729 | 3,207,103 | (287 | ) | 3,337,545 | |||||||||||||||||
Investments in and advances to affiliates | 1,867,753 | 1,503,202 | 1,562,080 | — | (4,933,035 | ) | — | |||||||||||||||||
Intangible assets, net | 18,000 | — | — | 962,369 | — | 980,369 | ||||||||||||||||||
Deferred income taxes, net | 16,025 | — | — | 26,716 | (16,028 | ) | 26,713 | |||||||||||||||||
Long-term intercompany receivables | 1,474,658 | 3,714,760 | 701,680 | 1,354 | (5,892,452 | ) | — | |||||||||||||||||
Other assets | 29,381 | 32,556 | 15,383 | 399,986 | — | 477,306 | ||||||||||||||||||
Assets related to discontinued operations | — | — | — | 109,835 | — | 109,835 | ||||||||||||||||||
Total assets | $ | 3,800,766 | $ | 5,380,328 | $ | 2,497,739 | $ | 8,081,910 | $ | (11,080,789 | ) | $ | 8,679,954 | |||||||||||
LIABILITIES AND STOCKHOLDERS’ EQUITY | ||||||||||||||||||||||||
Current liabilities | ||||||||||||||||||||||||
Accounts payable | $ | — | $ | — | $ | 727 | $ | 345,401 | $ | — | $ | 346,128 | ||||||||||||
Short-term intercompany payables | 464,798 | 132,007 | 1,485,835 | 159,322 | (2,241,962 | ) | — | |||||||||||||||||
Accrued expenses and other | — | 59,490 | 26,089 | 873,702 | (222 | ) | 959,059 | |||||||||||||||||
Deferred revenues | — | — | — | 127,782 | — | 127,782 | ||||||||||||||||||
Current portion of long-term debt | — | — | 1,871 | 94,968 | — | 96,839 | ||||||||||||||||||
Deposits related to 2013 sale of towers | — | — | — | 720,013 | — | 720,013 | ||||||||||||||||||
Liabilities related to discontinued operations | — | — | — | 36,769 | — | 36,769 | ||||||||||||||||||
Total current liabilities | 464,798 | 191,497 | 1,514,522 | 2,357,957 | (2,242,184 | ) | 2,286,590 | |||||||||||||||||
Long-term debt | 23 | 2,729,321 | 33,864 | 2,933,424 | — | 5,696,632 | ||||||||||||||||||
Deferred revenues | — | — | — | 11,238 | — | 11,238 | ||||||||||||||||||
Deferred income tax liabilities | 3 | 2,950 | 15,384 | 106,682 | (16,028 | ) | 108,991 | |||||||||||||||||
Long-term intercompany payables | 2,950,226 | — | 10,390 | 929,990 | (3,890,606 | ) | — | |||||||||||||||||
Other long-term liabilities | 30,329 | — | 10,248 | 175,213 | — | 215,790 | ||||||||||||||||||
Liabilities related to discontinued operations | — | — | — | 5,326 | — | 5,326 | ||||||||||||||||||
Total liabilities | 3,445,379 | 2,923,768 | 1,584,408 | 6,519,830 | (6,148,818 | ) | 8,324,567 | |||||||||||||||||
Total stockholders’ equity | 355,387 | 2,456,560 | 913,331 | 1,562,080 | (4,931,971 | ) | 355,387 | |||||||||||||||||
Total liabilities and stockholders’ equity | $ | 3,800,766 | $ | 5,380,328 | $ | 2,497,739 | $ | 8,081,910 | $ | (11,080,789 | ) | $ | 8,679,954 | |||||||||||
Condensed Consolidating Statement Of Operations | ' | |||||||||||||||||||||||
CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE LOSS | ||||||||||||||||||||||||
For the Three Months Ended September 30, 2014 | ||||||||||||||||||||||||
NII Holdings, | NII Capital | Guarantor | Non- | Consolidating | Consolidated | |||||||||||||||||||
Inc. (Parent) | Corp. (Issuer) | Subsidiaries | Guarantor | Adjustments | ||||||||||||||||||||
Subsidiaries | ||||||||||||||||||||||||
(in thousands) | ||||||||||||||||||||||||
Operating revenues | $ | — | $ | 358 | $ | 926,625 | $ | (256 | ) | $ | 926,727 | |||||||||||||
Operating expenses | ||||||||||||||||||||||||
Cost of revenues (exclusive of | — | — | — | 539,858 | — | 539,858 | ||||||||||||||||||
depreciation and amortization | ||||||||||||||||||||||||
included below) | ||||||||||||||||||||||||
Selling, general and administrative | 522 | 3,142 | 30,539 | 373,776 | (1,817 | ) | 406,162 | |||||||||||||||||
Impairment and restructuring charges | — | — | 43,391 | 54,701 | — | 98,092 | ||||||||||||||||||
Gain on sale of towers | — | — | — | (75,441 | ) | — | (75,441 | ) | ||||||||||||||||
Management fee and other | — | — | (13,529 | ) | 13,599 | (70 | ) | — | ||||||||||||||||
Depreciation and amortization | — | — | 4,167 | 166,789 | — | 170,956 | ||||||||||||||||||
522 | 3,142 | 64,568 | 1,073,282 | (1,887 | ) | 1,139,627 | ||||||||||||||||||
Operating loss | (522 | ) | (3,142 | ) | (64,210 | ) | (146,657 | ) | 1,631 | (212,900 | ) | |||||||||||||
Other income (expense) | ||||||||||||||||||||||||
Interest expense, net | (132 | ) | (50,309 | ) | (77 | ) | (79,774 | ) | — | (130,292 | ) | |||||||||||||
Intercompany interest expense | (48,890 | ) | — | (18 | ) | (10,858 | ) | 59,766 | — | |||||||||||||||
Interest income | 62 | — | 2 | 13,431 | — | 13,495 | ||||||||||||||||||
Intercompany interest income | 111 | 59,282 | 372 | 1 | (59,766 | ) | — | |||||||||||||||||
Foreign currency transaction losses, net | — | — | — | (63,002 | ) | — | (63,002 | ) | ||||||||||||||||
Equity in loss of affiliates | (392,272 | ) | (290,229 | ) | (289,308 | ) | — | 971,809 | — | |||||||||||||||
Other income (expense), net | 1,631 | — | (2 | ) | 245 | (931 | ) | 943 | ||||||||||||||||
(439,490 | ) | (281,256 | ) | (289,031 | ) | (139,957 | ) | 970,878 | (178,856 | ) | ||||||||||||||
Loss from continuing operations before reorganization items and income tax (provision) benefit | (440,012 | ) | (284,398 | ) | (353,241 | ) | (286,614 | ) | 972,509 | (391,756 | ) | |||||||||||||
Reorganization items | — | (45,652 | ) | (1,750 | ) | (11,177 | ) | — | (58,579 | ) | ||||||||||||||
Income tax (provision) benefit | (3,435 | ) | 7,319 | (4,464 | ) | (5,523 | ) | (315 | ) | (6,418 | ) | |||||||||||||
Net loss from continuing operations | (443,447 | ) | (322,731 | ) | (359,455 | ) | (303,314 | ) | 972,194 | (456,753 | ) | |||||||||||||
Income from discontinued operations, net of income taxes | — | — | — | 14,006 | (700 | ) | 13,306 | |||||||||||||||||
Net loss | $ | (443,447 | ) | $ | (322,731 | ) | $ | (359,455 | ) | $ | (289,308 | ) | $ | 971,494 | $ | (443,447 | ) | |||||||
Comprehensive loss, net of income taxes | ||||||||||||||||||||||||
Foreign currency translation | $ | (216,109 | ) | $ | (215,707 | ) | $ | (215,707 | ) | $ | (215,707 | ) | $ | 647,121 | $ | (216,109 | ) | |||||||
adjustment | ||||||||||||||||||||||||
Reclassification adjustment for sale of Nextel Chile | (33,885 | ) | (33,885 | ) | (33,885 | ) | (33,885 | ) | 101,655 | (33,885 | ) | |||||||||||||
Other | 430 | 430 | 430 | 430 | (1,290 | ) | 430 | |||||||||||||||||
Other comprehensive loss | (249,564 | ) | (249,162 | ) | (249,162 | ) | (249,162 | ) | 747,486 | (249,564 | ) | |||||||||||||
Net loss | (443,447 | ) | (322,731 | ) | (359,455 | ) | (289,308 | ) | 971,494 | (443,447 | ) | |||||||||||||
Total comprehensive loss | $ | (693,011 | ) | $ | (571,893 | ) | $ | (608,617 | ) | $ | (538,470 | ) | $ | 1,718,980 | $ | (693,011 | ) | |||||||
CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE LOSS | ||||||||||||||||||||||||
For the Three Months Ended September 30, 2013 | ||||||||||||||||||||||||
NII Holdings, | NII Capital | Guarantor | Non- | Consolidating | Consolidated | |||||||||||||||||||
Inc. (Parent) | Corp. (Issuer) | Subsidiaries | Guarantor | Adjustments | ||||||||||||||||||||
Subsidiaries | ||||||||||||||||||||||||
(in thousands) | ||||||||||||||||||||||||
Operating revenues | $ | — | $ | — | $ | 777 | $ | 1,085,624 | $ | (768 | ) | $ | 1,085,633 | |||||||||||
Operating expenses | ||||||||||||||||||||||||
Cost of revenues (exclusive of | — | — | — | 554,036 | — | 554,036 | ||||||||||||||||||
depreciation and amortization | ||||||||||||||||||||||||
included below) | ||||||||||||||||||||||||
Selling, general and administrative | 748 | — | 38,077 | 424,236 | (2,084 | ) | 460,977 | |||||||||||||||||
Impairment and restructuring charges | — | — | 12,741 | 8,600 | — | 21,341 | ||||||||||||||||||
Management fee and other | — | — | 9,959 | (2,835 | ) | (7,124 | ) | — | ||||||||||||||||
Depreciation and amortization | — | — | 5,524 | 171,644 | — | 177,168 | ||||||||||||||||||
748 | — | 66,301 | 1,155,681 | (9,208 | ) | 1,213,522 | ||||||||||||||||||
Operating loss | (748 | ) | — | (65,524 | ) | (70,057 | ) | 8,440 | (127,889 | ) | ||||||||||||||
Other income (expense) | ||||||||||||||||||||||||
Interest expense, net | (141 | ) | (60,271 | ) | (323 | ) | (74,182 | ) | — | (134,917 | ) | |||||||||||||
Intercompany interest expense | (59,183 | ) | — | (15 | ) | (12,821 | ) | 72,019 | — | |||||||||||||||
Interest income | 227 | — | 2 | 9,036 | — | 9,265 | ||||||||||||||||||
Intercompany interest income | 76 | 71,762 | 181 | — | (72,019 | ) | — | |||||||||||||||||
Foreign currency transaction losses, net | — | — | — | (6,117 | ) | — | (6,117 | ) | ||||||||||||||||
Equity in loss of affiliates | (255,170 | ) | (235,362 | ) | (235,810 | ) | — | 726,342 | — | |||||||||||||||
Other income, net | 8,115 | — | 666 | 4,149 | (8,440 | ) | 4,490 | |||||||||||||||||
(306,076 | ) | (223,871 | ) | (235,299 | ) | (79,935 | ) | 717,902 | (127,279 | ) | ||||||||||||||
Loss from continuing operations before income tax benefit (provision) | (306,824 | ) | (223,871 | ) | (300,823 | ) | (149,992 | ) | 726,342 | (255,168 | ) | |||||||||||||
Income tax benefit (provision) | 6,883 | (4,311 | ) | (1,449 | ) | (45,384 | ) | 39,922 | (4,339 | ) | ||||||||||||||
Net loss from continuing operations | (299,941 | ) | (228,182 | ) | (302,272 | ) | (195,376 | ) | 766,264 | (259,507 | ) | |||||||||||||
Loss from discontinued operations, net of income taxes | — | — | — | (40,434 | ) | — | (40,434 | ) | ||||||||||||||||
Net loss | $ | (299,941 | ) | $ | (228,182 | ) | $ | (302,272 | ) | $ | (235,810 | ) | $ | 766,264 | $ | (299,941 | ) | |||||||
Comprehensive loss, net of income taxes | ||||||||||||||||||||||||
Foreign currency translation | $ | (20,129 | ) | $ | (20,155 | ) | $ | (20,155 | ) | $ | (20,155 | ) | $ | 60,465 | $ | (20,129 | ) | |||||||
adjustment | ||||||||||||||||||||||||
Other | 4,231 | 4,231 | 4,231 | 4,231 | (12,693 | ) | 4,231 | |||||||||||||||||
Other comprehensive loss | (15,898 | ) | (15,924 | ) | (15,924 | ) | (15,924 | ) | 47,772 | (15,898 | ) | |||||||||||||
Net loss | (299,941 | ) | (228,182 | ) | (302,272 | ) | (235,810 | ) | 766,264 | (299,941 | ) | |||||||||||||
Total comprehensive loss | $ | (315,839 | ) | $ | (244,106 | ) | $ | (318,196 | ) | $ | (251,734 | ) | $ | 814,036 | $ | (315,839 | ) | |||||||
NII Holdings, | NII Capital | Guarantor | Non- | Consolidating | Consolidated | |||||||||||||||||||
Inc. (Parent) | Corp. (Issuer) | Subsidiaries | Guarantor | Adjustments | ||||||||||||||||||||
Subsidiaries | ||||||||||||||||||||||||
(in thousands) | ||||||||||||||||||||||||
Operating revenues | $ | — | $ | — | $ | 2,045 | $ | 2,834,236 | $ | (1,792 | ) | $ | 2,834,489 | |||||||||||
Operating expenses | ||||||||||||||||||||||||
Cost of revenues (exclusive of | — | — | — | 1,738,253 | — | 1,738,253 | ||||||||||||||||||
depreciation and amortization | ||||||||||||||||||||||||
included below) | ||||||||||||||||||||||||
Selling, general and administrative | 2,117 | 3,814 | 122,013 | 1,184,162 | (6,369 | ) | 1,305,737 | |||||||||||||||||
Impairment and restructuring charges | — | — | 60,827 | 67,493 | — | 128,320 | ||||||||||||||||||
Gain on sale of towers | — | — | — | (75,441 | ) | — | (75,441 | ) | ||||||||||||||||
Management fee and other | — | — | (43,439 | ) | 45,646 | (2,207 | ) | — | ||||||||||||||||
Depreciation and amortization | — | — | 15,315 | 498,048 | — | 513,363 | ||||||||||||||||||
2,117 | 3,814 | 154,716 | 3,458,161 | (8,576 | ) | 3,610,232 | ||||||||||||||||||
Operating loss | (2,117 | ) | (3,814 | ) | (152,671 | ) | (623,925 | ) | 6,784 | (775,743 | ) | |||||||||||||
Other income (expense) | ||||||||||||||||||||||||
Interest expense, net | (414 | ) | (171,647 | ) | (543 | ) | (218,254 | ) | — | (390,858 | ) | |||||||||||||
Intercompany interest expense | (165,324 | ) | — | (53 | ) | (36,264 | ) | 201,641 | — | |||||||||||||||
Interest income | 266 | — | 7 | 46,060 | — | 46,333 | ||||||||||||||||||
Intercompany interest income | 290 | 200,467 | 884 | — | (201,641 | ) | — | |||||||||||||||||
Foreign currency transaction losses, net | — | — | — | (48,976 | ) | — | (48,976 | ) | ||||||||||||||||
Equity in loss of affiliates | (1,292,952 | ) | (1,107,328 | ) | (1,104,506 | ) | — | 3,504,786 | — | |||||||||||||||
Other income (expense), net | 6,784 | — | (2 | ) | (3,039 | ) | (5,797 | ) | (2,054 | ) | ||||||||||||||
(1,451,350 | ) | (1,078,508 | ) | (1,104,213 | ) | (260,473 | ) | 3,498,989 | (395,555 | ) | ||||||||||||||
Loss from continuing operations before reorganization items and income tax benefit (provision) | (1,453,467 | ) | (1,082,322 | ) | (1,256,884 | ) | (884,398 | ) | 3,505,773 | (1,171,298 | ) | |||||||||||||
Reorganization items | — | (45,652 | ) | (1,750 | ) | (11,177 | ) | — | (58,579 | ) | ||||||||||||||
Income tax benefit (provision) | 10,630 | — | (12,975 | ) | (36,800 | ) | (984 | ) | (40,129 | ) | ||||||||||||||
Net loss from continuing operations | (1,442,837 | ) | (1,127,974 | ) | (1,271,609 | ) | (932,375 | ) | 3,504,789 | (1,270,006 | ) | |||||||||||||
Loss from discontinued operations, net of income taxes | — | — | — | (172,131 | ) | (700 | ) | (172,831 | ) | |||||||||||||||
Net loss | $ | (1,442,837 | ) | $ | (1,127,974 | ) | $ | (1,271,609 | ) | $ | (1,104,506 | ) | $ | 3,504,089 | $ | (1,442,837 | ) | |||||||
Comprehensive loss, net of income taxes | ||||||||||||||||||||||||
Foreign currency translation | $ | (163,106 | ) | $ | (163,100 | ) | $ | (163,100 | ) | $ | (163,100 | ) | $ | 489,300 | $ | (163,106 | ) | |||||||
adjustment | ||||||||||||||||||||||||
Reclassification adjustment for sale of Nextel Chile | (33,885 | ) | (33,885 | ) | (33,885 | ) | (33,885 | ) | 101,655 | (33,885 | ) | |||||||||||||
Other | 296 | 296 | 296 | 296 | (888 | ) | 296 | |||||||||||||||||
Other comprehensive loss | (196,695 | ) | (196,689 | ) | (196,689 | ) | (196,689 | ) | 590,067 | (196,695 | ) | |||||||||||||
Net loss | (1,442,837 | ) | (1,127,974 | ) | (1,271,609 | ) | (1,104,506 | ) | 3,504,089 | (1,442,837 | ) | |||||||||||||
Total comprehensive loss | $ | (1,639,532 | ) | $ | (1,324,663 | ) | $ | (1,468,298 | ) | $ | (1,301,195 | ) | $ | 4,094,156 | $ | (1,639,532 | ) | |||||||
NII Holdings, | NII Capital | Guarantor | Non- | Consolidating | Consolidated | |||||||||||||||||||
Inc. (Parent) | Corp. (Issuer) | Subsidiaries | Guarantor | Adjustments | ||||||||||||||||||||
Subsidiaries | ||||||||||||||||||||||||
(in thousands) | ||||||||||||||||||||||||
Operating revenues | $ | — | $ | — | $ | 2,313 | $ | 3,647,790 | $ | (2,304 | ) | $ | 3,647,799 | |||||||||||
Operating expenses | ||||||||||||||||||||||||
Cost of revenues (exclusive of | — | — | — | 1,731,260 | — | 1,731,260 | ||||||||||||||||||
depreciation and amortization | ||||||||||||||||||||||||
included below) | ||||||||||||||||||||||||
Selling, general and administrative | 2,345 | — | 131,048 | 1,315,964 | (6,341 | ) | 1,443,016 | |||||||||||||||||
Impairment and restructuring charges | — | — | 89,029 | 57,991 | — | 147,020 | ||||||||||||||||||
Management fee and other | — | — | (44,351 | ) | 69,366 | (25,015 | ) | — | ||||||||||||||||
Depreciation and amortization | — | — | 21,429 | 518,013 | — | 539,442 | ||||||||||||||||||
2,345 | — | 197,155 | 3,692,594 | (31,356 | ) | 3,860,738 | ||||||||||||||||||
Operating loss | (2,345 | ) | — | (194,842 | ) | (44,804 | ) | 29,052 | (212,939 | ) | ||||||||||||||
Other income (expense) | ||||||||||||||||||||||||
Interest expense, net | (419 | ) | (179,546 | ) | (1,100 | ) | (201,210 | ) | — | (382,275 | ) | |||||||||||||
Intercompany interest expense | (175,617 | ) | — | (42 | ) | (38,822 | ) | 214,481 | — | |||||||||||||||
Interest income | 799 | — | 8 | 23,936 | — | 24,743 | ||||||||||||||||||
Intercompany interest income | 1,226 | 212,947 | 308 | — | (214,481 | ) | — | |||||||||||||||||
Foreign currency transaction losses, net | — | — | — | (74,820 | ) | — | (74,820 | ) | ||||||||||||||||
Equity in loss of affiliates | (766,624 | ) | (622,252 | ) | (619,874 | ) | — | 2,008,750 | — | |||||||||||||||
Other income (expense), net | 28,731 | — | 611 | (8,900 | ) | (29,052 | ) | (8,610 | ) | |||||||||||||||
(911,904 | ) | (588,851 | ) | (620,089 | ) | (299,816 | ) | 1,979,698 | (440,962 | ) | ||||||||||||||
Loss from continuing operations before income tax benefit (provision) | (914,249 | ) | (588,851 | ) | (814,931 | ) | (344,620 | ) | 2,008,750 | (653,901 | ) | |||||||||||||
Income tax benefit (provision) | 10,453 | (12,251 | ) | (7,042 | ) | (100,086 | ) | 34,199 | (74,727 | ) | ||||||||||||||
Net loss from continuing operations | (903,796 | ) | (601,102 | ) | (821,973 | ) | (444,706 | ) | 2,042,949 | (728,628 | ) | |||||||||||||
Loss from discontinued operations, net of income taxes | — | — | — | (175,168 | ) | — | (175,168 | ) | ||||||||||||||||
Net loss | $ | (903,796 | ) | $ | (601,102 | ) | $ | (821,973 | ) | $ | (619,874 | ) | $ | 2,042,949 | $ | (903,796 | ) | |||||||
Comprehensive loss, net of income taxes | ||||||||||||||||||||||||
Foreign currency translation | $ | (218,306 | ) | $ | (218,226 | ) | $ | (218,226 | ) | $ | (218,226 | ) | $ | 654,678 | $ | (218,306 | ) | |||||||
adjustment | ||||||||||||||||||||||||
Other | 439 | 439 | 439 | 439 | (1,317 | ) | 439 | |||||||||||||||||
Other comprehensive loss | (217,867 | ) | (217,787 | ) | (217,787 | ) | (217,787 | ) | 653,361 | (217,867 | ) | |||||||||||||
Net loss | (903,796 | ) | (601,102 | ) | (821,973 | ) | (619,874 | ) | 2,042,949 | (903,796 | ) | |||||||||||||
Total comprehensive loss | $ | (1,121,663 | ) | $ | (818,889 | ) | $ | (1,039,760 | ) | $ | (837,661 | ) | $ | 2,696,310 | $ | (1,121,663 | ) | |||||||
Condensed Consolidating Statement Of Cash Flows | ' | |||||||||||||||||||||||
CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS | ||||||||||||||||||||||||
For the Nine Months Ended September 30, 2014 | ||||||||||||||||||||||||
NII Holdings, | NII Capital | Guarantor | Non- | Consolidating | Consolidated | |||||||||||||||||||
Inc. (Parent) | Corp. (Issuer) | Subsidiaries | Guarantor | Adjustments | ||||||||||||||||||||
Subsidiaries | ||||||||||||||||||||||||
(in thousands) | ||||||||||||||||||||||||
Cash flows from operating activities: | ||||||||||||||||||||||||
Net loss | $ | (1,442,837 | ) | $ | (1,127,974 | ) | $ | (1,271,609 | ) | $ | (1,104,506 | ) | $ | 3,504,089 | $ | (1,442,837 | ) | |||||||
Adjustments to reconcile net loss to net cash (used in) provided by operating activities | 1,346,923 | 1,153,588 | 1,140,157 | 572,668 | (3,504,089 | ) | 709,247 | |||||||||||||||||
Total operating cash (used in) provided by continuing operations | (95,914 | ) | 25,614 | (131,452 | ) | (531,838 | ) | — | (733,590 | ) | ||||||||||||||
Total operating cash used in discontinued operations | — | — | — | (62,583 | ) | — | (62,583 | ) | ||||||||||||||||
Net cash (used in) provided by operating activities | (95,914 | ) | 25,614 | (131,452 | ) | (594,421 | ) | — | (796,173 | ) | ||||||||||||||
Cash flows from investing activities: | ||||||||||||||||||||||||
Capital expenditures | — | — | (7,398 | ) | (506,797 | ) | — | (514,195 | ) | |||||||||||||||
Purchases of long-term and short- | — | — | — | (1,331,015 | ) | — | (1,331,015 | ) | ||||||||||||||||
term investments | ||||||||||||||||||||||||
Proceeds from sales of long-term | — | — | — | 1,848,594 | — | 1,848,594 | ||||||||||||||||||
and short-term investments | ||||||||||||||||||||||||
Investments in subsidiaries | (157,998 | ) | (446 | ) | — | — | 158,444 | — | ||||||||||||||||
Change in restricted cash and escrow accounts | 10,000 | — | — | (167,237 | ) | — | (157,237 | ) | ||||||||||||||||
Other, net | 1,669 | — | 32,390 | (35,224 | ) | (1,669 | ) | (2,834 | ) | |||||||||||||||
Total investing cash (used in) provided by continuing operations | (146,329 | ) | (446 | ) | 24,992 | (191,679 | ) | 156,775 | (156,687 | ) | ||||||||||||||
Total investing cash used in discontinued operations | — | — | — | (13,999 | ) | — | (13,999 | ) | ||||||||||||||||
Net cash (used in) provided by investing activities | (146,329 | ) | (446 | ) | 24,992 | (205,678 | ) | 156,775 | (170,686 | ) | ||||||||||||||
Cash flows from financing activities: | ||||||||||||||||||||||||
Borrowings under equipment financing facilities and other | — | — | — | 14,590 | — | 14,590 | ||||||||||||||||||
Repayments under capital leases, equipment financing and other | — | — | (42,414 | ) | (56,043 | ) | — | (98,457 | ) | |||||||||||||||
Capital contributions | — | 20 | 157,812 | 612 | (158,444 | ) | — | |||||||||||||||||
Other, net | (86 | ) | (20 | ) | (1,668 | ) | (527 | ) | 1,669 | (632 | ) | |||||||||||||
Net cash flows (used in) provided by financing activities | (86 | ) | — | 113,730 | (41,368 | ) | (156,775 | ) | (84,499 | ) | ||||||||||||||
Effect of exchange rate changes | — | — | — | (40,923 | ) | — | (40,923 | ) | ||||||||||||||||
on cash and cash equivalents | ||||||||||||||||||||||||
Change in cash and cash equivalents related to discontinued operations | — | — | — | 3,448 | — | 3,448 | ||||||||||||||||||
Net (decrease) increase in cash and | (242,329 | ) | 25,168 | 7,270 | (878,942 | ) | — | (1,088,833 | ) | |||||||||||||||
cash equivalents | ||||||||||||||||||||||||
Cash and cash equivalents, | 356,314 | — | 5,586 | 1,368,435 | — | 1,730,335 | ||||||||||||||||||
beginning of period | ||||||||||||||||||||||||
Cash and cash equivalents, end of | $ | 113,985 | $ | 25,168 | $ | 12,856 | $ | 489,493 | $ | — | $ | 641,502 | ||||||||||||
period | ||||||||||||||||||||||||
CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS | ||||||||||||||||||||||||
For the Nine Months Ended September 30, 2013 | ||||||||||||||||||||||||
NII Holdings, | NII Capital | Guarantor | Non- | Consolidating | Consolidated | |||||||||||||||||||
Inc. (Parent) | Corp. (Issuer) | Subsidiaries | Guarantor | Adjustments | ||||||||||||||||||||
Subsidiaries | ||||||||||||||||||||||||
(in thousands) | ||||||||||||||||||||||||
Cash flows from operating activities: | ||||||||||||||||||||||||
Net loss | $ | (903,796 | ) | $ | (601,102 | ) | $ | (821,973 | ) | $ | (619,874 | ) | $ | 2,042,949 | $ | (903,796 | ) | |||||||
Adjustments to reconcile net loss to net cash (used in) provided by operating activities | 809,240 | 653,552 | 707,180 | 855,308 | (2,092,859 | ) | 932,421 | |||||||||||||||||
Total operating cash (used in) provided by continuing operations | (94,556 | ) | 52,450 | (114,793 | ) | 235,434 | (49,910 | ) | 28,625 | |||||||||||||||
Total operating cash used in discontinued operations | — | — | — | (131,342 | ) | — | (131,342 | ) | ||||||||||||||||
Net cash (used in) provided by operating activities | (94,556 | ) | 52,450 | (114,793 | ) | 104,092 | (49,910 | ) | (102,717 | ) | ||||||||||||||
Cash flows from investing activities: | ||||||||||||||||||||||||
Capital expenditures | — | — | (11,580 | ) | (501,552 | ) | — | (513,132 | ) | |||||||||||||||
Payments for purchases of licenses | — | — | — | (42,105 | ) | — | (42,105 | ) | ||||||||||||||||
Purchases of long-term and short-term investments | — | — | — | (1,772,379 | ) | — | (1,772,379 | ) | ||||||||||||||||
Proceeds from sales of long-term and short-term investments | — | — | — | 1,619,551 | — | 1,619,551 | ||||||||||||||||||
Investments in subsidiaries | (135,714 | ) | (2,540 | ) | (1,259 | ) | — | 139,513 | — | |||||||||||||||
Change in restricted cash and escrow accounts | — | — | — | (17,351 | ) | — | (17,351 | ) | ||||||||||||||||
Other, net | — | — | — | 160 | 16 | 176 | ||||||||||||||||||
Total investing cash used in continuing operations | (135,714 | ) | (2,540 | ) | (12,839 | ) | (713,676 | ) | 139,529 | (725,240 | ) | |||||||||||||
Total investing cash provided by discontinued operations | — | — | — | 237,874 | — | 237,874 | ||||||||||||||||||
Net cash used in investing activities | (135,714 | ) | (2,540 | ) | (12,839 | ) | (475,802 | ) | 139,529 | (487,366 | ) | |||||||||||||
Cash flows from financing activities: | ||||||||||||||||||||||||
Gross proceeds from issuance of senior notes | — | — | — | 1,600,000 | — | 1,600,000 | ||||||||||||||||||
Borrowings under equipment financing facilities | — | — | — | 110,157 | — | 110,157 | ||||||||||||||||||
Payment of line of credit | — | — | — | (327,762 | ) | — | (327,762 | ) | ||||||||||||||||
Repayments under syndicated loan facilities | — | — | — | (323,919 | ) | — | (323,919 | ) | ||||||||||||||||
Repayments of import financing loans | — | — | — | (37,422 | ) | — | (37,422 | ) | ||||||||||||||||
Repayments under tower financing and other borrowings | — | — | (12,391 | ) | (12,527 | ) | — | (24,918 | ) | |||||||||||||||
Capital contributions | — | 20 | 135,694 | 3,799 | (139,513 | ) | — | |||||||||||||||||
Proceeds from intercompany borrowings | — | (49,910 | ) | — | — | 49,910 | — | |||||||||||||||||
Other, net | (918 | ) | (20 | ) | — | (18,484 | ) | (16 | ) | (19,438 | ) | |||||||||||||
Total financing cash (used in) provided by continuing operations | (918 | ) | (49,910 | ) | 123,303 | 993,842 | (89,619 | ) | 976,698 | |||||||||||||||
Total financing cash used in discontinued operations | — | — | — | (152,967 | ) | — | (152,967 | ) | ||||||||||||||||
Net cash (used in) provided by financing activities | (918 | ) | (49,910 | ) | 123,303 | 840,875 | (89,619 | ) | 823,731 | |||||||||||||||
Effect of exchange rate changes on cash and cash equivalents | — | — | — | (38,501 | ) | — | (38,501 | ) | ||||||||||||||||
Change in cash and cash equivalents related to discontinued operations | — | — | — | 10,407 | — | 10,407 | ||||||||||||||||||
Net (decrease) increase in cash and cash equivalents | (231,188 | ) | — | (4,329 | ) | 441,071 | — | 205,554 | ||||||||||||||||
Cash and cash equivalents, beginning of period | 735,022 | — | 6,469 | 623,462 | — | 1,364,953 | ||||||||||||||||||
Cash and cash equivalents, end of period | $ | 503,834 | $ | — | $ | 2,140 | $ | 1,064,533 | $ | — | $ | 1,570,507 | ||||||||||||
Chapter_11_Proceedings_Narrati
Chapter 11 Proceedings - Narrative (Details) (USD $) | 3 Months Ended | 9 Months Ended | |||
Sep. 30, 2014 | Sep. 30, 2014 | Dec. 31, 2013 | Sep. 30, 2013 | Dec. 31, 2012 | |
Liabilities Subject to Compromise [Abstract] | ' | ' | ' | ' | ' |
Debt | $4,350,000,000 | $4,350,000,000 | ' | ' | ' |
Accrued Interest | 203,621,000 | 203,621,000 | ' | ' | ' |
Accounts Payable | 2,299,000 | 2,299,000 | ' | ' | ' |
Accrued expenses and other | 42,670,000 | 42,670,000 | ' | ' | ' |
Total liabilities subject to compromise | 4,598,590,000 | 4,598,590,000 | 0 | ' | ' |
Debtor Reorganization Items, Write-off of Debt Discounts (Premiums) | 8,600,000 | ' | ' | ' | ' |
Debtor Reorganization Items, Write-off of Deferred Financing Costs and Debt Discounts | 48,200,000 | ' | ' | ' | ' |
Post-Petition Unaccrued Interest | ' | 18,200,000 | ' | ' | ' |
Cash and Cash Equivalents, at Carrying Value | 641,502,000 | 641,502,000 | 1,730,335,000 | 1,570,507,000 | 1,364,953,000 |
Short-term investments | 98,271,000 | 98,271,000 | 585,760,000 | ' | ' |
Accounts receivable, net | 468,465,000 | 468,465,000 | 511,406,000 | ' | ' |
7.625% Senior Notes Due 2021 [Member] | ' | ' | ' | ' | ' |
Liabilities Subject to Compromise [Abstract] | ' | ' | ' | ' | ' |
Debt | 1,450,000,000 | 1,450,000,000 | ' | ' | ' |
Eight Point Eight Seven Five Percent Senior Notes Due Two Zero One Nine [Member] | ' | ' | ' | ' | ' |
Liabilities Subject to Compromise [Abstract] | ' | ' | ' | ' | ' |
Debt | 500,000,000 | 500,000,000 | ' | ' | ' |
10.0% Senior Notes Due 2016 [Member] | ' | ' | ' | ' | ' |
Liabilities Subject to Compromise [Abstract] | ' | ' | ' | ' | ' |
Debt | 800,000,000 | 800,000,000 | ' | ' | ' |
Seven Point Eight Seven Five Percent Senior Notes Due Two Zero One Nine [Domain] | ' | ' | ' | ' | ' |
Liabilities Subject to Compromise [Abstract] | ' | ' | ' | ' | ' |
Debt | 700,000,000 | 700,000,000 | ' | ' | ' |
Eleven Point Three Seven Five Percent Senior Notes Due Two Zero One Nine [Domain] | ' | ' | ' | ' | ' |
Liabilities Subject to Compromise [Abstract] | ' | ' | ' | ' | ' |
Debt | $900,000,000 | $900,000,000 | ' | ' | ' |
Chapter_11_Proceedings_Balance
Chapter 11 Proceedings - Balance Sheet (Details) (USD $) | Sep. 30, 2014 | Dec. 31, 2013 | Sep. 30, 2013 | Dec. 31, 2012 |
In Thousands, unless otherwise specified | ||||
Intercompany Liabilities Subject To Compromise | $0 | ' | ' | ' |
Cash and Cash Equivalents, at Carrying Value | 641,502 | 1,730,335 | 1,570,507 | 1,364,953 |
Short-term investments | 98,271 | 585,760 | ' | ' |
Other Assets, Current | 83,851 | 40,461 | ' | ' |
Assets, Current | 2,011,263 | 3,748,186 | ' | ' |
Property, plant and equipment, net | 2,801,283 | 3,337,545 | ' | ' |
Intangible assets, net | 909,570 | 980,369 | ' | ' |
Long-term Intercompany Receivables | 0 | 0 | ' | ' |
Other assets | 513,744 | 477,306 | ' | ' |
Assets | 6,245,670 | 8,679,954 | ' | ' |
Accounts payable | 190,094 | 346,128 | ' | ' |
Other Accrued Liabilities, Current | 228,047 | 244,610 | ' | ' |
Liabilities, Current | 2,277,383 | 2,286,590 | ' | ' |
Liabilities Not Subject To Compromise | 2,921,373 | 8,324,567 | ' | ' |
Liabilities Subject to Compromise | 4,598,590 | ' | ' | ' |
Liabilities | ' | 8,324,567 | ' | ' |
Stockholders' Equity Attributable to Parent | -1,274,293 | 355,387 | ' | ' |
Total liabilities and stockholders' equity | 6,245,670 | 8,679,954 | ' | ' |
Chapter 11 Entities [Member] | ' | ' | ' | ' |
Intercompany Liabilities Subject To Compromise | 9,820 | ' | ' | ' |
Cash and Cash Equivalents, at Carrying Value | 352,302 | 1,133,247 | ' | ' |
Short-term investments | 122,321 | ' | ' | ' |
Other Assets, Current | 17,535 | ' | ' | ' |
Assets, Current | 492,158 | ' | ' | ' |
Property, plant and equipment, net | 52,642 | ' | ' | ' |
Intangible assets, net | 18,000 | ' | ' | ' |
Investments In And Advances To Non-Debtor Entities | 1,095,058 | ' | ' | ' |
Long-term Intercompany Receivables | 1,671,559 | ' | ' | ' |
Other assets | 20,683 | ' | ' | ' |
Assets | 3,350,100 | ' | ' | ' |
Accounts payable | 1,401 | ' | ' | ' |
Other Accrued Liabilities, Current | 3,271 | ' | ' | ' |
Liabilities, Current | 4,672 | ' | ' | ' |
Liabilities, Noncurrent | 11,311 | ' | ' | ' |
Liabilities Not Subject To Compromise | 15,983 | ' | ' | ' |
Liabilities Subject to Compromise | 4,598,590 | ' | ' | ' |
Liabilities | 4,624,393 | ' | ' | ' |
Stockholders' Equity Attributable to Parent | -1,274,293 | ' | ' | ' |
Total liabilities and stockholders' equity | $3,350,100 | ' | ' | ' |
Chapter_11_Proceedings_Income_
Chapter 11 Proceedings - Income Statement (Details) (USD $) | 3 Months Ended | 9 Months Ended | ||
In Thousands, unless otherwise specified | Sep. 30, 2014 | Sep. 30, 2013 | Sep. 30, 2014 | Sep. 30, 2013 |
Total operating revenues | $926,727 | $1,085,633 | $2,834,489 | $3,647,799 |
Selling, general and administrative | 406,162 | 460,977 | 1,305,737 | 1,443,016 |
Restructuring, Settlement and Impairment Provisions | 98,092 | 21,341 | 128,320 | 147,020 |
Operating Expenses | 1,139,627 | 1,213,522 | 3,610,232 | 3,860,738 |
Operating income | -212,900 | -127,889 | -775,743 | -212,939 |
Interest expense, net | 130,292 | 134,917 | 390,858 | 382,275 |
Intercompany Interest Expense | 0 | 0 | 0 | 0 |
Intercompany Interest Income | 0 | 0 | 0 | 0 |
Other Nonoperating Income (Expense) | 943 | 4,490 | -2,054 | -8,610 |
Nonoperating Income (Expense) | -178,856 | -127,279 | -395,555 | -440,962 |
Reorganization Items | 58,579 | 0 | 58,579 | 0 |
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Extraordinary Items, Noncontrolling Interest | -391,756 | -255,168 | -1,171,298 | -653,901 |
Income Tax Expense (Benefit) | 6,418 | 4,339 | 40,129 | 74,727 |
Net income | -443,447 | -299,941 | -1,442,837 | -903,796 |
Foreign currency translation adjustment | -216,109 | -20,129 | -163,106 | -218,306 |
Reclassification adjustment for sale of Nextel Chile | 33,885 | 0 | 33,885 | 0 |
Other | 430 | 4,231 | 296 | 439 |
Other Comprehensive Income (Loss), Net of Tax | -249,564 | -15,898 | -196,695 | -217,867 |
Comprehensive Income (Loss), Net of Tax, Attributable to Parent | -693,011 | -315,839 | -1,639,532 | -1,121,663 |
Chapter 11 Entities [Member] | ' | ' | ' | ' |
Total operating revenues | 102 | ' | 253 | ' |
Selling, general and administrative | 37,150 | ' | 131,053 | ' |
Restructuring, Settlement and Impairment Provisions | 43,392 | ' | 60,827 | ' |
Management Fee Expense | -13,523 | ' | -43,596 | ' |
Depreciation, Amortization and Accretion, Net | 4,167 | ' | 15,315 | ' |
Operating Expenses | 71,186 | ' | 163,599 | ' |
Operating income | -71,084 | ' | -163,346 | ' |
Interest expense, net | -84,586 | ' | -288,086 | ' |
Intercompany Interest Expense | 0 | ' | -53 | ' |
Interest Income, Other | 75 | ' | 876 | ' |
Intercompany Interest Income | 9,598 | ' | 24,661 | ' |
Equity In Losses Of Non-Debtor Subsidiaries | -240,490 | ' | -965,195 | ' |
Other Nonoperating Income (Expense) | 1,619 | ' | 6,885 | ' |
Nonoperating Income (Expense) | -313,784 | ' | -1,220,912 | ' |
Reorganization Items | -58,579 | ' | -58,579 | ' |
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Extraordinary Items, Noncontrolling Interest | -384,868 | ' | -1,384,258 | ' |
Income Tax Expense (Benefit) | 0 | ' | 0 | ' |
Net income | -443,447 | ' | -1,442,837 | ' |
Foreign currency translation adjustment | -216,109 | ' | -163,106 | ' |
Reclassification adjustment for sale of Nextel Chile | -33,885 | ' | -33,885 | ' |
Other | 430 | ' | 296 | ' |
Other Comprehensive Income (Loss), Net of Tax | -249,564 | ' | -196,695 | ' |
Comprehensive Income (Loss), Net of Tax, Attributable to Parent | ($693,011) | ' | ' | ' |
Chapter_11_Proceedings_Stateme
Chapter 11 Proceedings - Statement of Cash Flows (Details) (USD $) | 9 Months Ended | |
In Thousands, unless otherwise specified | Sep. 30, 2014 | Sep. 30, 2013 |
Net income | ($1,442,837) | ($903,796) |
Adjustments to reconcile net income (loss) to net cash provided by operating activities | 709,247 | 932,421 |
Net cash provided by operating activities | -796,173 | -102,717 |
Capital expenditures | -514,195 | -513,132 |
Proceeds from Sale, Maturity and Collection of Investments | -1,331,015 | -1,772,379 |
Net cash used in investing activities | -170,686 | -487,366 |
Other, net | -632 | -19,483 |
Net cash (used in) provided by financing activities | -84,499 | 823,731 |
Net (decrease) increase in cash and cash equivalents | -1,088,833 | 205,554 |
Cash and cash equivalents, beginning of period | 1,730,335 | 1,364,953 |
Cash and cash equivalents, end of period | 641,502 | 1,570,507 |
Chapter 11 Entities [Member] | ' | ' |
Net income | -1,442,837 | ' |
Adjustments to reconcile net income (loss) to net cash provided by operating activities | 1,113,153 | ' |
Net cash provided by operating activities | -329,684 | ' |
Capital expenditures | -7,398 | ' |
Proceeds from Sale of Productive Assets | 32,390 | ' |
Proceeds from Sale, Maturity and Collection of Investments | 198,007 | ' |
Intercompany Payments, Investing Activities | -517,000 | ' |
Investments In And Advances To Non-Debtor Subsidiaries | -124,450 | ' |
Transfers from restricted cash | 10,000 | ' |
Net cash used in investing activities | -408,451 | ' |
Repayments of Long-term Capital Lease Obligations | -42,414 | ' |
Other, net | -396 | ' |
Net cash (used in) provided by financing activities | -42,810 | ' |
Net (decrease) increase in cash and cash equivalents | -780,945 | ' |
Cash and cash equivalents, beginning of period | 1,133,247 | ' |
Cash and cash equivalents, end of period | $352,302 | ' |
Supplemental_FInancial_Stateme6
Supplemental FInancial Statement Information (Details) (USD $) | 3 Months Ended | 9 Months Ended | ||
Share data in Millions, unless otherwise specified | Sep. 30, 2014 | Sep. 30, 2013 | Sep. 30, 2014 | Sep. 30, 2013 |
Supplemental Cash Flow Information [Abstract] | ' | ' | ' | ' |
Cash paid for capital expenditures, including capitalized interest on property, plant and equipment | ' | ' | $514,195,000 | $513,132,000 |
Change in capital expenditures accrued and unpaid or financed, including interest capitalized | ' | ' | -219,045,000 | 75,943,000 |
Total Capital expenditures | 55,704,000 | 226,421,000 | 295,150,000 | 589,075,000 |
Interest expense, net | 130,292,000 | 134,917,000 | 390,858,000 | 382,275,000 |
Interest capitalized | ' | ' | 30,160,000 | 64,433,000 |
Total interest costs | ' | ' | 421,018,000 | 446,708,000 |
Non Cash Financing Activities | ' | ' | $157,800,000 | $145,100,000 |
Employee Stock Option [Member] | ' | ' | ' | ' |
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items] | ' | ' | ' | ' |
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount | 9.4 | 12.8 | 8.8 | 12.3 |
Restricted Stock [Member] | ' | ' | ' | ' |
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items] | ' | ' | ' | ' |
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount | ' | 3.4 | 1.2 | 2.4 |
Supplemental_FInancial_Stateme7
Supplemental FInancial Statement Information Accumulated Other Comprehensive Loss (Details) (USD $) | Sep. 30, 2014 | Dec. 31, 2013 |
In Thousands, unless otherwise specified | ||
Accounting Policies [Abstract] | ' | ' |
Cumulative foreign currency translation adjustment | ($1,148,262) | ($951,271) |
Other | -4,510 | -4,806 |
Total accumulated other comprehensive loss | ($1,152,772) | ($956,077) |
Supplemental_FInancial_Stateme8
Supplemental FInancial Statement Information Table (Details) (USD $) | 3 Months Ended | 9 Months Ended | ||
In Thousands, unless otherwise specified | Sep. 30, 2014 | Sep. 30, 2013 | Sep. 30, 2014 | Sep. 30, 2013 |
Reclassification adjustment for sale of Nextel Chile | $33,885 | $0 | $33,885 | $0 |
Chapter 11 Entities [Member] | ' | ' | ' | ' |
Reclassification adjustment for sale of Nextel Chile | ($33,885) | ' | ($33,885) | ' |
Discontinued_Operations_Detail
Discontinued Operations (Details) (Nextel Peru [Member], USD $) | 9 Months Ended | 3 Months Ended | 9 Months Ended | ||||
Sep. 30, 2014 | Aug. 31, 2013 | Sep. 30, 2014 | Sep. 30, 2013 | Sep. 30, 2014 | Sep. 30, 2013 | Dec. 31, 2013 | |
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items] | ' | ' | ' | ' | ' | ' | ' |
Disposal Group, Including Discontinued Operation, Cash and Cash Equivalents | ' | ' | ' | ' | ' | ' | $3,448,000 |
Disposal Group, Including Discontinued Operation, Consideration | ' | 405,500,000 | ' | ' | ' | ' | ' |
Disposal Group, Including Discontinued Operation, Revenue | ' | ' | 7,391,000 | 55,415,000 | 38,596,000 | 248,846,000 | ' |
Disposal Group, Including Discontinued Operation, Operating Expense | ' | ' | -16,754,000 | -94,416,000 | -228,578,000 | -395,118,000 | ' |
Disposal Group, Including Discontinued Operation, Other Income (Expense) | ' | ' | -8,519,000 | -38,000 | -19,990,000 | -25,341,000 | ' |
Discontinued Operation, Income (Loss) from Discontinued Operation, before Income Tax | ' | ' | -17,882,000 | -39,039,000 | -209,972,000 | -171,613,000 | ' |
Discontinued Operation, Tax Effect of Discontinued Operation | ' | ' | 0 | 0 | 0 | -900,000 | ' |
Discontinued Operation, Income (Loss) From Discontinued Operation, Before Gain (Loss) On Disposal Of Discontinued Operation, Net Of Tax | ' | ' | -17,882,000 | -39,039,000 | -209,972,000 | -172,513,000 | ' |
Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of Tax | ' | ' | 31,188,000 | -1,395,000 | 37,141,000 | -2,655,000 | ' |
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | ' | ' | 13,306,000 | -40,434,000 | -172,831,000 | -175,168,000 | ' |
Disposal Group, Including Discontinued Operation, Consideration, Escrow Deposit | ' | 50,000,000 | ' | ' | ' | ' | ' |
Release Of Consideration | 7,500,000 | ' | ' | ' | ' | ' | ' |
Disposal Group, Including Discontinued Operation, Accounts, Notes and Loans Receivable, Net | ' | ' | ' | ' | ' | ' | 11,157,000 |
Disposal Group, Including Discontinued Operation, Inventory | ' | ' | ' | ' | ' | ' | 5,965,000 |
Disposal Group, Including Discontinued Operation, Prepaid and Other Assets, Current | ' | ' | ' | ' | ' | ' | 38,526,000 |
Disposal Group, Including Discontinued Operation, Property, Plant, and Equipment, Net | ' | ' | ' | ' | ' | ' | 50,515,000 |
Disposal Group, Including Discontinued Operation, Intangible Assets, Net | ' | ' | ' | ' | ' | ' | 13,300,000 |
Disposal Group, Including Discontinued Operation, Other Assets | ' | ' | ' | ' | ' | ' | 46,020,000 |
Assets of Disposal Group, Including Discontinued Operation | ' | ' | ' | ' | ' | ' | 168,931,000 |
Disposal Group, Including Discontinued Operation, Accounts Payable | ' | ' | ' | ' | ' | ' | 22,928,000 |
Disposal Group, Including Discontinued Operation, Accrued Liabilities | ' | ' | ' | ' | ' | ' | 13,841,000 |
Disposal Group, Including Discontinued Operation, Other Noncurrent Liabilities | ' | ' | ' | ' | ' | ' | 5,326,000 |
Liabilities of Disposal Group, Including Discontinued Operation | ' | ' | ' | ' | ' | ' | $42,095,000 |
Impairment_and_Restructuring_C2
Impairment and Restructuring Charges Table (Details) (USD $) | 3 Months Ended | 9 Months Ended | 3 Months Ended | 9 Months Ended | 3 Months Ended | 9 Months Ended | 3 Months Ended | 9 Months Ended | 3 Months Ended | 9 Months Ended | 3 Months Ended | |||||||||||||
Sep. 30, 2014 | Sep. 30, 2013 | Mar. 31, 2013 | Sep. 30, 2014 | Sep. 30, 2013 | Sep. 30, 2014 | Jun. 30, 2014 | Sep. 30, 2013 | Sep. 30, 2014 | Sep. 30, 2013 | Sep. 30, 2014 | Sep. 30, 2013 | Sep. 30, 2014 | Sep. 30, 2013 | Sep. 30, 2014 | Sep. 30, 2013 | Sep. 30, 2014 | Sep. 30, 2013 | Sep. 30, 2014 | Sep. 30, 2013 | Sep. 30, 2014 | Sep. 30, 2013 | Sep. 30, 2014 | Mar. 31, 2013 | |
Corporate [Member] | Corporate [Member] | Corporate [Member] | Corporate [Member] | Corporate [Member] | BRAZIL | BRAZIL | BRAZIL | BRAZIL | MEXICO | MEXICO | MEXICO | MEXICO | ARGENTINA | ARGENTINA | ARGENTINA | ARGENTINA | Contractual Rights [Member] | Contractual Rights [Member] | ||||||
Impairment of Long-Lived Assets [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Asset Impairment Charges | ' | ' | $85,300,000 | $47,900,000 | ' | ' | $6,400,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | $17,600,000 | $38,200,000 |
Other Asset Impairment Charges | 13,600,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Restructuring, Settlement and Impairment Provisions | $98,092,000 | $21,341,000 | ' | $128,320,000 | $147,020,000 | $43,392,000 | ' | $12,743,000 | $60,827,000 | $89,743,000 | $38,194,000 | $0 | $38,194,000 | $23,814,000 | $13,951,000 | $8,598,000 | $26,744,000 | $29,684,000 | $2,555,000 | $0 | $2,555,000 | $3,779,000 | ' | ' |
Impairment_and_Restructuring_C3
Impairment and Restructuring Charges Restructuring Charges (Details) (USD $) | 3 Months Ended | 9 Months Ended | 3 Months Ended | |
Sep. 30, 2014 | Sep. 30, 2014 | Dec. 31, 2013 | Mar. 31, 2013 | |
Contractual Rights [Member] | ||||
Restructuring Cost and Reserve [Line Items] | ' | ' | ' | ' |
Restructuring Charges | ' | ($59,311,000) | ' | $3,200,000 |
Payments for Restructuring | ' | -38,375,000 | ' | ' |
Accrued Restructuring Charges | 36,346,000 | 36,346,000 | 15,410,000 | ' |
Severance Costs | $12,700,000 | $37,800,000 | ' | ' |
Balance_Sheet_Details_Details
Balance Sheet Details (Details) (USD $) | Sep. 30, 2014 | Dec. 31, 2013 |
Prepaid Expenses and Other | ' | ' |
Prepaid value-added taxes | $181,660,000 | $207,951,000 |
Prepaid Spectrum Fees | 33,370,000 | 1,109,000 |
Prepaid income taxes | 38,598,000 | 59,054,000 |
Other Prepaid Expense, Current | 116,416,000 | 88,999,000 |
Other Assets, Current | 83,851,000 | 40,461,000 |
Prepaid expenses and other | 453,895,000 | 397,574,000 |
Property, Plant and Equipment | ' | ' |
Land | 7,373,000 | 7,663,000 |
Building and leasehold improvements | 165,825,000 | 190,258,000 |
Digital mobile network equipment, communication towers and network software | 4,689,990,000 | 4,735,361,000 |
Office equipment, furniture and fixtures and other | 756,142,000 | 753,665,000 |
Corporate aircraft capital lease | 0 | 42,747,000 |
Less: Accumulated depreciation and amortization | -3,071,986,000 | -2,907,939,000 |
Property, plant and equipment, Gross | 2,547,344,000 | 2,821,755,000 |
Construction in progress | 253,939,000 | 515,790,000 |
Property, plant and equipment, net | 2,801,283,000 | 3,337,545,000 |
Finite-Lived Intangible Assets [Line Items] | ' | ' |
Indefinite-lived intangible assets | 18,000,000 | ' |
Accrued Expenses and Other | ' | ' |
Accrued Capital Expenditure Current | 102,189,000 | 290,036,000 |
Employee-related Liabilities | 78,722,000 | 89,435,000 |
Non-income based taxes | 54,856,000 | 114,360,000 |
Accrued interest | 15,952,000 | 128,509,000 |
Other Accrued Liabilities, Current | 228,047,000 | 244,610,000 |
Accrued expenses and other | 548,885,000 | 959,059,000 |
Licensing Agreements [Member] | ' | ' |
Finite-Lived Intangible Assets [Line Items] | ' | ' |
Finite-Lived Intangible Assets, Gross | 1,181,743,000 | 1,205,450,000 |
Finite-Lived Intangible Assets, Accumulated Amortization | -290,173,000 | -243,081,000 |
Finite-Lived Intangible Assets, Net Carrying Value | $891,570,000 | $962,369,000 |
Balance_Sheet_Details_Other_Lo
Balance Sheet Details Other Long-Term Assets (Details) (USD $) | Sep. 30, 2014 | Dec. 31, 2013 |
In Thousands, unless otherwise specified | ||
Other Long-Term Assets [Abstract] | ' | ' |
Other assets | $513,744 | $477,306 |
Balance_Sheet_Details_Prepaid_
Balance Sheet Details Prepaid Expenses and Other (Details) (USD $) | Sep. 30, 2014 | Dec. 31, 2013 |
In Thousands, unless otherwise specified | ||
Prepaid value-added taxes | $181,660 | $207,951 |
Prepaid income taxes | 38,598 | 59,054 |
Prepaid Spectrum Fees | 33,370 | 1,109 |
Other Prepaid Expense, Current | 116,416 | 88,999 |
Other Assets, Current | 83,851 | 40,461 |
Prepaid expenses and other | $453,895 | $397,574 |
Balance_Sheet_Details_Accrued_
Balance Sheet Details Accrued Expenses and Other (Details) (USD $) | Sep. 30, 2014 | Dec. 31, 2013 |
In Thousands, unless otherwise specified | ||
Accrued Capital Expenditure Current | $102,189 | $290,036 |
Non-income based taxes | 54,856 | 114,360 |
Network system and information technology | 69,119 | 92,109 |
Accrued interest | 15,952 | 128,509 |
Other Accrued Liabilities, Current | 228,047 | 244,610 |
Accrued expenses and other | $548,885 | $959,059 |
Debt_Narrative_Details
Debt (Narrative) (Details) (USD $) | 3 Months Ended | 9 Months Ended | 1 Months Ended | 9 Months Ended | 1 Months Ended | 3 Months Ended | 3 Months Ended | 9 Months Ended | |||||||||||||||||||
Sep. 30, 2014 | Sep. 30, 2013 | Mar. 31, 2013 | Sep. 30, 2014 | Sep. 30, 2013 | Dec. 31, 2013 | Sep. 30, 2014 | Dec. 31, 2013 | Sep. 30, 2014 | Dec. 31, 2013 | Dec. 31, 2009 | Sep. 30, 2014 | Dec. 31, 2011 | Sep. 30, 2014 | Sep. 30, 2014 | Aug. 31, 2009 | Sep. 30, 2014 | Mar. 31, 2014 | Dec. 31, 2013 | Sep. 30, 2014 | Jun. 30, 2014 | Sep. 30, 2014 | Dec. 31, 2013 | Sep. 30, 2014 | Jun. 30, 2014 | Dec. 31, 2013 | Sep. 30, 2014 | |
NII Capital Corp [Member] | NII Capital Corp [Member] | NII International Telecom [Member] | NII International Telecom [Member] | Eight Point Eight Seven Five Percent Senior Notes Due Two Zero One Nine [Member] | Eight Point Eight Seven Five Percent Senior Notes Due Two Zero One Nine [Member] | Eight Point Eight Seven Five Percent Senior Notes Due Two Zero One Nine [Member] | Seven Point Eight Seven Five Percent Senior Notes Due Two Zero One Nine [Domain] | Eleven Point Three Seven Five Percent Senior Notes Due Two Zero One Nine [Domain] | 10.0% Senior Notes Due 2016 [Member] | 7.625% Senior Notes Due 2021 [Member] | 7.625% Senior Notes Due 2021 [Member] | 7.625% Senior Notes Due 2021 [Member] | MEXICO | MEXICO | Brazil [Member] | Brazil [Member] | BRAZIL | BRAZIL | BRAZIL | Aircraft [Domain] | |||||||
Equipment Financing | $713,000,000 | ' | ' | $713,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | $366,937,000 | $352,725,000 | ' | ' | ' | ' |
Loans Payable to Bank | 385,795,000 | ' | ' | 385,795,000 | ' | 444,268,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Senior Notes | ' | ' | ' | ' | ' | ' | 0 | 2,729,321,000 | 0 | 1,609,962,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Notes interest rate | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 8.88% | 8.88% | 7.88% | 11.38% | 10.00% | 7.63% | 7.63% | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Interest Penalty | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 0.25% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Maximum Interest Penalty, Per Year | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 1.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Maturity Date | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 'December 15, 2019 | ' | ' | ' | ' | 'August 15, 2016 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Principal amount | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 1,450,000,000 | ' | ' | ' | ' | ' | ' | ' | ' |
Proceeds from Sale of Productive Assets | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 374,300,000 | ' | ' | ' | 160,000,000 | 18,600,000 | 348,000,000 | 32,500,000 |
Gain (Loss) on Sale of Assets and Asset Impairment Charges | -75,441,000 | 0 | ' | -75,441,000 | 0 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 75,400,000 | ' | ' | ' | ' | ' | ' | ' |
Sale Leaseback Transaction, Deferred Gain, Gross | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 179,600,000 | ' | ' | ' | ' | ' | ' | ' |
Present Value of Future Minimum Lease Payments, Sale Leaseback Transactions | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 112,400,000 | ' | ' | ' | 180,000,000 | ' | ' | ' |
Asset Impairment Charges | ' | ' | $85,300,000 | $47,900,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | $5,100,000 | ' | ' | ' | ' | ' | $6,400,000 |
Debt_Debt_Details
Debt (Debt) (Details) (USD $) | Sep. 30, 2014 | Dec. 31, 2013 | Sep. 30, 2014 | Sep. 30, 2014 | Sep. 30, 2014 | Dec. 31, 2013 | Sep. 30, 2014 | Dec. 31, 2013 | Sep. 30, 2014 | Dec. 31, 2013 | Sep. 30, 2014 | Dec. 31, 2013 |
In Thousands, unless otherwise specified | Eleven Point Three Seven Five Percent Senior Notes Due Two Zero One Nine [Domain] | Seven Point Eight Seven Five Percent Senior Notes Due Two Zero One Nine [Domain] | NII Capital Corp [Member] | NII Capital Corp [Member] | NII International Telecom [Member] | NII International Telecom [Member] | Brazil [Member] | Brazil [Member] | Mexico [Member] | Mexico [Member] | ||
Debt Instrument [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Interest Penalty | ' | ' | 0.25% | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Maximum Interest Penalty, Per Year | ' | ' | 1.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Total debt, excluding current portion | $318,948 | $5,696,632 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Less: current portion | -1,120,272 | -96,839 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Total debt | 1,439,220 | 5,793,471 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Other Long-term Debt | 1,456 | 3,901 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Loans Payable to Bank | 385,795 | 444,268 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Corporate Aircraft Capital Lease | 0 | 35,736 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Capital Lease And Tower Financing Obligations | ' | ' | ' | ' | ' | ' | ' | ' | 47,239 | 122,499 | 291,729 | 194,227 |
Equipment Financing | 713,000 | ' | ' | ' | ' | ' | ' | ' | 366,937 | 352,725 | 346,064 | 300,832 |
Senior notes, net | ' | ' | ' | ' | $0 | $2,729,321 | $0 | $1,609,962 | ' | ' | ' | ' |
Notes interest rate | ' | ' | 11.38% | 7.88% | ' | ' | ' | ' | ' | ' | ' | ' |
Debt_Debt_and_Equity_Component
Debt (Debt and Equity Components Recognized for Convertible Notes) (Details) (USD $) | Sep. 30, 2014 | Dec. 31, 2013 |
In Thousands, unless otherwise specified | ||
Principal amount of convertible notes | $5,450,252 | $5,441,009 |
Fair_Value_Measurements_Fair_V
Fair Value Measurements (Fair Value on Recurring Basis) (Details) (USD $) | Sep. 30, 2014 | Dec. 31, 2013 |
In Millions, unless otherwise specified | ||
Available Number Of Funds | ' | 2 |
Short-term Investments [Member] | Nextel Brazil [Member] | ' | ' |
Available-for-sale Securities | $98.30 | $418.60 |
Fair_Value_Measurements_Carryi
Fair Value Measurements (Carrying Amounts and Estimated Fair Values of Long-Term Debt Instrument) (Details) (USD $) | Sep. 30, 2014 | Dec. 31, 2013 |
In Thousands, unless otherwise specified | ||
Carrying amount | $5,450,252 | $5,441,009 |
Long-term estimated fair value | 2,620,369 | 3,493,289 |
NII Capital Corp [Member] | ' | ' |
Carrying amount | 2,750,000 | 2,729,321 |
Long-term estimated fair value | 629,550 | 1,227,950 |
NII International Telecom [Member] | ' | ' |
Carrying amount | 1,600,000 | 1,609,962 |
Long-term estimated fair value | 1,060,500 | 1,271,370 |
Bank Loans and Other [Member] | ' | ' |
Carrying amount | 387,251 | 448,169 |
Long-term estimated fair value | 295,376 | 373,796 |
Equipment Financing [Member] | ' | ' |
Carrying amount | 713,001 | 653,557 |
Long-term estimated fair value | $634,943 | $620,173 |
Commitments_and_Contingencies_
Commitments and Contingencies (Narrative) (Details) (USD $) | Sep. 30, 2014 | Dec. 31, 2013 |
In Millions, unless otherwise specified | ||
Loss Contingency, Estimate of Possible Loss | $430 | ' |
Nextel Brazil [Member] | ' | ' |
Accrued Liabilities | 66.6 | 70.9 |
Unasserted Claims | $8.90 | $11.20 |
Income_Taxes_Narrative_Details
Income Taxes (Narrative) (Details) (USD $) | 3 Months Ended | 9 Months Ended | |||
Sep. 30, 2014 | Sep. 30, 2013 | Sep. 30, 2014 | Sep. 30, 2013 | Dec. 31, 2013 | |
Income Tax Disclosure [Abstract] | ' | ' | ' | ' | ' |
Valuation Allowance, Deferred Tax Asset, Change in Amount | ' | ' | $325,500,000 | ' | ' |
Deferred Tax Assets, Valuation Allowance | 4,600,000,000 | ' | 4,600,000,000 | ' | 4,300,000,000 |
Deferred income tax benefit | ' | ' | -21,975,000 | -38,172,000 | ' |
Income tax provision | -6,418,000 | -4,339,000 | -40,129,000 | -74,727,000 | ' |
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Extraordinary Items, Noncontrolling Interest | -391,756,000 | -255,168,000 | -1,171,298,000 | -653,901,000 | ' |
Income Tax Provision | 6,400,000 | 4,300,000 | 40,100,000 | 74,700,000 | ' |
Change in Income Tax Provision | $34,600,000 | ' | ' | ' | ' |
Segment_Reporting_Segment_Repo
Segment Reporting (Segment Reporting Information) (Details) (USD $) | 3 Months Ended | 9 Months Ended | |||
In Thousands, unless otherwise specified | Sep. 30, 2014 | Sep. 30, 2013 | Sep. 30, 2014 | Sep. 30, 2013 | Dec. 31, 2013 |
Operating revenues | $926,727 | $1,085,633 | $2,834,489 | $3,647,799 | ' |
Segment earnings (losses) | -19,293 | 70,620 | -209,501 | 473,523 | ' |
Restructuring, Settlement and Impairment Provisions | -98,092 | -21,341 | -128,320 | -147,020 | ' |
Gain (Loss) on Sale of Assets and Asset Impairment Charges | 75,441 | 0 | 75,441 | 0 | ' |
Less: | ' | ' | ' | ' | ' |
Depreciation and amortization | -170,956 | -177,168 | -513,363 | -539,442 | ' |
Foreign currency transaction (losses) gains, net | -63,002 | -6,117 | -48,976 | -74,820 | ' |
Segment Reporting, Interest Expense and Other, Net | -115,854 | -121,162 | -346,579 | -366,142 | ' |
Income before income tax provision | -391,756 | -255,168 | -1,171,298 | -653,901 | ' |
Capital expenditures | 55,704 | 226,421 | 295,150 | 589,075 | ' |
Identifiable assets | 6,245,670 | ' | 6,245,670 | ' | 8,679,954 |
Brazil [Member] | ' | ' | ' | ' | ' |
Operating revenues | 476,382 | 490,952 | 1,416,979 | 1,705,468 | ' |
Segment earnings (losses) | 919 | 42,507 | -84,377 | 307,497 | ' |
Less: | ' | ' | ' | ' | ' |
Capital expenditures | 20,673 | 120,658 | 138,039 | 333,366 | ' |
Identifiable assets | 3,329,825 | ' | 3,329,825 | ' | 3,705,642 |
Mexico [Member] | ' | ' | ' | ' | ' |
Operating revenues | 347,420 | 442,023 | 1,096,076 | 1,458,734 | ' |
Segment earnings (losses) | 1,816 | 32,130 | -59,838 | 172,753 | ' |
Less: | ' | ' | ' | ' | ' |
Capital expenditures | 25,427 | 89,187 | 127,223 | 225,723 | ' |
Identifiable assets | 2,047,208 | ' | 2,047,208 | ' | 2,695,091 |
Argentina [Member] | ' | ' | ' | ' | ' |
Operating revenues | 103,042 | 158,170 | 323,831 | 489,155 | ' |
Segment earnings (losses) | 14,105 | 36,507 | 62,390 | 130,690 | ' |
Less: | ' | ' | ' | ' | ' |
Capital expenditures | 6,035 | 13,219 | 17,474 | 21,177 | ' |
Identifiable assets | 366,374 | ' | 366,374 | ' | 451,041 |
Corporate and Other [Member] | ' | ' | ' | ' | ' |
Operating revenues | -117 | -5,512 | -2,397 | -5,558 | ' |
Segment earnings (losses) | -36,133 | -40,524 | -127,676 | -137,417 | ' |
Less: | ' | ' | ' | ' | ' |
Capital expenditures | 3,569 | 3,357 | 12,414 | 8,809 | ' |
Identifiable assets | $502,263 | ' | $502,263 | ' | $1,828,180 |
Condensed_Consolidating_Financ2
Condensed Consolidating Financial Statements (Narrative) (Details) (USD $) | 3 Months Ended | 9 Months Ended | 1 Months Ended | 3 Months Ended | 9 Months Ended | 3 Months Ended | 9 Months Ended | ||||||||||||||
Sep. 30, 2014 | Sep. 30, 2013 | Sep. 30, 2014 | Sep. 30, 2013 | Sep. 30, 2014 | Mar. 31, 2014 | Dec. 31, 2013 | Dec. 31, 2011 | Aug. 31, 2009 | Dec. 31, 2009 | Sep. 30, 2014 | Dec. 31, 2011 | Sep. 30, 2014 | Sep. 30, 2014 | Sep. 30, 2013 | Sep. 30, 2014 | Sep. 30, 2013 | Sep. 30, 2014 | Sep. 30, 2013 | Sep. 30, 2014 | Sep. 30, 2013 | |
7.625% Senior Notes Due 2021 [Member] | 7.625% Senior Notes Due 2021 [Member] | 7.625% Senior Notes Due 2021 [Member] | 10.0% and 8.875% Senior Notes Due 2016 and 2019 [Member] | 10.0% Senior Notes Due 2016 [Member] | Eight Point Eight Seven Five Percent Senior Notes Due Two Zero One Nine [Member] | Eight Point Eight Seven Five Percent Senior Notes Due Two Zero One Nine [Member] | Eight Point Eight Seven Five Percent Senior Notes Due Two Zero One Nine [Member] | Eleven Point Three Seven Five Percent Senior Notes Due Two Zero One Nine [Domain] | NII Holdings Inc. (Parent) [Member] | NII Holdings Inc. (Parent) [Member] | NII Holdings Inc. (Parent) [Member] | NII Holdings Inc. (Parent) [Member] | Guarantor Subsidiaries [Member] | Guarantor Subsidiaries [Member] | Guarantor Subsidiaries [Member] | Guarantor Subsidiaries [Member] | |||||
Principal amount | ' | ' | ' | ' | ' | ' | $1,450,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Notes interest rate | ' | ' | ' | ' | 7.63% | 7.63% | ' | ' | 10.00% | ' | 8.88% | 8.88% | 11.38% | ' | ' | ' | ' | ' | ' | ' | ' |
Senior Notes | ' | ' | ' | ' | ' | ' | ' | 1,300,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Maturity Date | ' | ' | ' | ' | ' | ' | ' | ' | 'August 15, 2016 | 'December 15, 2019 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Other (expense) income, net | 943,000 | 4,490,000 | -2,054,000 | -8,610,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | 1,631,000 | 8,115,000 | 6,784,000 | 28,731,000 | -2,000 | 666,000 | -2,000 | 611,000 |
Net cash used in investing activities | ' | ' | -170,686,000 | -487,366,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | -146,329,000 | -135,714,000 | ' | ' | 24,992,000 | -12,839,000 |
Net cash provided by operating activities | ' | ' | ($796,173,000) | ($102,717,000) | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ($95,914,000) | ($94,556,000) | ' | ' | ($131,452,000) | ($114,793,000) |
Condensed_Consolidating_Financ3
Condensed Consolidating Financial Statements (Condensed Consolidating Balance Sheet) (Details) (USD $) | Sep. 30, 2014 | Dec. 31, 2013 | Sep. 30, 2013 | Dec. 31, 2012 | ||
In Thousands, unless otherwise specified | ||||||
Cash and cash equivalents | $641,502 | $1,730,335 | $1,570,507 | $1,364,953 | ||
Short-term investments | 98,271 | 585,760 | ' | ' | ||
Accounts receivable, net | 468,465 | 511,406 | ' | ' | ||
Short-term Intercompany Receviables | 0 | 0 | ' | ' | ||
Handset and accessory inventory | 264,412 | 336,620 | ' | ' | ||
Deferred income taxes, net | 84,718 | 127,395 | ' | ' | ||
Prepaid expenses and other | 453,895 | 397,574 | ' | ' | ||
Assets of Disposal Group, Including Discontinued Operation, Current | 0 | 59,096 | ' | ' | ||
Total current assets | 2,011,263 | 3,748,186 | ' | ' | ||
Property, plant and equipment, net | 2,801,283 | 3,337,545 | ' | ' | ||
Investments in and advances to affiliates | 0 | 0 | ' | ' | ||
Intangible assets, net | 909,570 | 980,369 | ' | ' | ||
Deferred income taxes, net | 9,810 | 26,713 | ' | ' | ||
Long-term Intercompany Receivables | 0 | 0 | ' | ' | ||
Other assets | 513,744 | 477,306 | ' | ' | ||
Assets of Disposal Group, Including Discontinued Operation, Noncurrent | 0 | 109,835 | ' | ' | ||
Total assets | 6,245,670 | 8,679,954 | ' | ' | ||
Accounts payable | 190,094 | 346,128 | ' | ' | ||
Short-term Intercompany Payables | 0 | 0 | ' | ' | ||
Accrued expenses and other | 548,885 | 959,059 | ' | ' | ||
Deferred revenues | 100,526 | 127,782 | ' | ' | ||
Current portion of long-term debt | 1,120,272 | 96,839 | ' | ' | ||
Deposit Liability, Current | 317,606 | 720,013 | ' | ' | ||
Liabilities of Disposal Group, Including Discontinued Operation, Current | 0 | 36,769 | ' | ' | ||
Total current liabilities | 2,277,383 | 2,286,590 | ' | ' | ||
Long-term debt | 318,948 | 5,696,632 | ' | ' | ||
Deferred revenues | 0 | 11,238 | ' | ' | ||
Deferred credits | 77,274 | 108,991 | ' | ' | ||
Long-term Intercompany Payables | 0 | 0 | ' | ' | ||
Other long-term liabilities | 247,768 | 215,790 | ' | ' | ||
Liabilities Not Subject To Compromise | 2,921,373 | 8,324,567 | ' | ' | ||
Liabilities of Disposal Group, Including Discontinued Operation, Noncurrent | 0 | 5,326 | ' | ' | ||
Total Liabilities | ' | 8,324,567 | ' | ' | ||
External Liabilities Subject To Compromise | 4,598,590 | ' | ' | ' | ||
Intercompany Liabilities Subject To Compromise | 0 | ' | ' | ' | ||
Liabilities Subject to Compromise | 4,598,590 | 0 | ' | ' | ||
Total stockholders' equity | -1,274,293 | 355,387 | ' | ' | ||
Total liabilities and stockholders' equity | 6,245,670 | 8,679,954 | ' | ' | ||
NII Holdings Inc. (Parent) [Member] | ' | ' | ' | ' | ||
Cash and cash equivalents | 113,985 | 356,314 | 503,834 | 735,022 | ||
Short-term investments | 0 | 0 | ' | ' | ||
Accounts receivable, net | 0 | 0 | ' | ' | ||
Short-term Intercompany Receviables | 26,397 | 31,803 | ' | ' | ||
Handset and accessory inventory | 0 | 0 | ' | ' | ||
Deferred income taxes, net | 0 | 0 | ' | ' | ||
Prepaid expenses and other | 7,611 | 6,832 | ' | ' | ||
Assets of Disposal Group, Including Discontinued Operation, Current | ' | 0 | ' | ' | ||
Total current assets | 147,993 | 394,949 | ' | ' | ||
Property, plant and equipment, net | 0 | 0 | ' | ' | ||
Investments in and advances to affiliates | 588,455 | 1,867,753 | ' | ' | ||
Intangible assets, net | 18,000 | 18,000 | ' | ' | ||
Deferred income taxes, net | 15,592 | 16,025 | ' | ' | ||
Long-term Intercompany Receivables | 1,455,976 | 1,474,658 | ' | ' | ||
Other assets | 17,389 | 29,381 | ' | ' | ||
Assets of Disposal Group, Including Discontinued Operation, Noncurrent | ' | 0 | ' | ' | ||
Total assets | 2,243,405 | 3,800,766 | ' | ' | ||
Accounts payable | 0 | 0 | ' | ' | ||
Short-term Intercompany Payables | 0 | 464,798 | ' | ' | ||
Accrued expenses and other | 0 | 0 | ' | ' | ||
Deferred revenues | 0 | 0 | ' | ' | ||
Current portion of long-term debt | 0 | 0 | ' | ' | ||
Deposit Liability, Current | 0 | 0 | ' | ' | ||
Liabilities of Disposal Group, Including Discontinued Operation, Current | ' | 0 | ' | ' | ||
Total current liabilities | 0 | 464,798 | ' | ' | ||
Long-term debt | 0 | 23 | ' | ' | ||
Deferred revenues | ' | 0 | ' | ' | ||
Deferred credits | 0 | 3 | ' | ' | ||
Long-term Intercompany Payables | 0 | 2,950,226 | ' | ' | ||
Other long-term liabilities | 16 | 30,329 | ' | ' | ||
Liabilities Not Subject To Compromise | 16 | ' | ' | ' | ||
Liabilities of Disposal Group, Including Discontinued Operation, Noncurrent | ' | 0 | ' | ' | ||
Total Liabilities | ' | 3,445,379 | ' | ' | ||
External Liabilities Subject To Compromise | 30,584 | ' | ' | ' | ||
Intercompany Liabilities Subject To Compromise | 3,487,098 | ' | ' | ' | ||
Liabilities Subject to Compromise | 3,517,682 | ' | ' | ' | ||
Total stockholders' equity | -1,274,293 | 355,387 | ' | ' | ||
Total liabilities and stockholders' equity | 2,243,405 | 3,800,766 | ' | ' | ||
NII Capital Corp. (Issuer) [Member] | ' | ' | ' | ' | ||
Cash and cash equivalents | 25,168 | [1] | 0 | [1] | 0 | 0 |
Short-term investments | 0 | [1] | 0 | [1] | ' | ' |
Accounts receivable, net | 0 | [1] | 0 | [1] | ' | ' |
Short-term Intercompany Receviables | 65,132 | [1] | 129,810 | [1] | ' | ' |
Handset and accessory inventory | 0 | [1] | 0 | [1] | ' | ' |
Deferred income taxes, net | 0 | [1] | 0 | [1] | ' | ' |
Prepaid expenses and other | 0 | [1] | 0 | [1] | ' | ' |
Assets of Disposal Group, Including Discontinued Operation, Current | ' | 0 | [1] | ' | ' | |
Total current assets | 90,300 | [1] | 129,810 | [1] | ' | ' |
Property, plant and equipment, net | 0 | [1] | 0 | [1] | ' | ' |
Investments in and advances to affiliates | 317,673 | [1] | 1,503,202 | [1] | ' | ' |
Intangible assets, net | 0 | [1] | 0 | [1] | ' | ' |
Deferred income taxes, net | 0 | [1] | 0 | [1] | ' | ' |
Long-term Intercompany Receivables | 3,834,714 | [1] | 3,714,760 | [1] | ' | ' |
Other assets | 0 | [1] | 32,556 | [1] | ' | ' |
Assets of Disposal Group, Including Discontinued Operation, Noncurrent | ' | 0 | [1] | ' | ' | |
Total assets | 4,242,687 | [1] | 5,380,328 | [1] | ' | ' |
Accounts payable | 0 | [1] | 0 | [1] | ' | ' |
Short-term Intercompany Payables | 0 | [1] | 132,007 | [1] | ' | ' |
Accrued expenses and other | 0 | [1] | 59,490 | [1] | ' | ' |
Deferred revenues | 0 | [1] | 0 | [1] | ' | ' |
Current portion of long-term debt | 0 | [1] | 0 | [1] | ' | ' |
Deposit Liability, Current | 0 | [1] | 0 | [1] | ' | ' |
Liabilities of Disposal Group, Including Discontinued Operation, Current | ' | 0 | [1] | ' | ' | |
Total current liabilities | 0 | [1] | 191,497 | [1] | ' | ' |
Long-term debt | 0 | [1] | 2,729,321 | [1] | ' | ' |
Deferred revenues | ' | 0 | [1] | ' | ' | |
Deferred credits | 2,950 | [1] | 2,950 | [1] | ' | ' |
Long-term Intercompany Payables | 0 | [1] | 0 | [1] | ' | ' |
Other long-term liabilities | 0 | [1] | 0 | [1] | ' | ' |
Liabilities Not Subject To Compromise | 2,950 | [1] | ' | ' | ' | |
Liabilities of Disposal Group, Including Discontinued Operation, Noncurrent | ' | 0 | [1] | ' | ' | |
Total Liabilities | ' | 2,923,768 | [1] | ' | ' | |
External Liabilities Subject To Compromise | 2,859,387 | [1] | ' | ' | ' | |
Intercompany Liabilities Subject To Compromise | 115,458 | [1] | ' | ' | ' | |
Liabilities Subject to Compromise | 2,974,845 | [1] | ' | ' | ' | |
Total stockholders' equity | 1,264,892 | [1] | 2,456,560 | ' | ' | |
Total liabilities and stockholders' equity | 4,242,687 | [1] | 5,380,328 | [1] | ' | ' |
Guarantor Subsidiaries [Member] | ' | ' | ' | ' | ||
Cash and cash equivalents | 12,856 | [2] | 5,586 | [2] | 2,140 | 6,469 |
Short-term investments | 0 | [2] | 0 | [2] | ' | ' |
Accounts receivable, net | 560 | [2] | 627 | [2] | ' | ' |
Short-term Intercompany Receviables | 95,960 | [2] | 72,595 | [2] | ' | ' |
Handset and accessory inventory | 0 | [2] | 0 | [2] | ' | ' |
Deferred income taxes, net | 625 | [2] | 1,145 | [2] | ' | ' |
Prepaid expenses and other | 9,362 | [2] | 7,914 | [2] | ' | ' |
Assets of Disposal Group, Including Discontinued Operation, Current | ' | 0 | [2] | ' | ' | |
Total current assets | 119,363 | [2] | 87,867 | [2] | ' | ' |
Property, plant and equipment, net | 52,642 | [2] | 130,729 | [2] | ' | ' |
Investments in and advances to affiliates | 369,565 | [2] | 1,562,080 | [2] | ' | ' |
Intangible assets, net | 0 | [2] | 0 | [2] | ' | ' |
Deferred income taxes, net | 0 | [2] | 0 | [2] | ' | ' |
Long-term Intercompany Receivables | 633,482 | [2] | 701,680 | [2] | ' | ' |
Other assets | 3,294 | [2] | 15,383 | [2] | ' | ' |
Assets of Disposal Group, Including Discontinued Operation, Noncurrent | ' | 0 | [2] | ' | ' | |
Total assets | 1,178,346 | [2] | 2,497,739 | [2] | ' | ' |
Accounts payable | 1,401 | [2] | 727 | [2] | ' | ' |
Short-term Intercompany Payables | 2,767 | [2] | 1,485,835 | [2] | ' | ' |
Accrued expenses and other | 3,333 | [2] | 26,089 | [2] | ' | ' |
Deferred revenues | 0 | [2] | 0 | [2] | ' | ' |
Current portion of long-term debt | 0 | [2] | 1,871 | [2] | ' | ' |
Deposit Liability, Current | 0 | [2] | 0 | [2] | ' | ' |
Liabilities of Disposal Group, Including Discontinued Operation, Current | ' | 0 | [2] | ' | ' | |
Total current liabilities | 7,501 | [2] | 1,514,522 | [2] | ' | ' |
Long-term debt | 0 | [2] | 33,864 | [2] | ' | ' |
Deferred revenues | ' | 0 | [2] | ' | ' | |
Deferred credits | 14,786 | [2] | 15,384 | [2] | ' | ' |
Long-term Intercompany Payables | 0 | [2] | 10,390 | [2] | ' | ' |
Other long-term liabilities | 9,152 | [2] | 10,248 | [2] | ' | ' |
Liabilities Not Subject To Compromise | 31,439 | [2] | ' | ' | ' | |
Liabilities of Disposal Group, Including Discontinued Operation, Noncurrent | ' | 0 | [2] | ' | ' | |
Total Liabilities | ' | 1,584,408 | [2] | ' | ' | |
External Liabilities Subject To Compromise | 13,125 | [2] | ' | ' | ' | |
Intercompany Liabilities Subject To Compromise | 1,492,910 | [2] | ' | ' | ' | |
Liabilities Subject to Compromise | 1,506,035 | [2] | ' | ' | ' | |
Total stockholders' equity | -359,128 | [2] | 913,331 | ' | ' | |
Total liabilities and stockholders' equity | 1,178,346 | [2] | 2,497,739 | [2] | ' | ' |
Prior Group Of Non-Guarantor Subsidiaries [Member] | ' | ' | ' | ' | ||
Deposit Liability, Current | 317,606 | ' | ' | ' | ||
Non-Guarantor Subsidiaries [Member] | ' | ' | ' | ' | ||
Cash and cash equivalents | 489,493 | 1,368,435 | 1,064,533 | 623,462 | ||
Short-term investments | 98,271 | 585,760 | ' | ' | ||
Accounts receivable, net | 467,905 | 510,779 | ' | ' | ||
Short-term Intercompany Receviables | 6,233 | 4,779 | ' | ' | ||
Handset and accessory inventory | 264,412 | 336,620 | ' | ' | ||
Deferred income taxes, net | 85,077 | 126,250 | ' | ' | ||
Prepaid expenses and other | 436,922 | 382,828 | ' | ' | ||
Assets of Disposal Group, Including Discontinued Operation, Current | ' | 59,096 | ' | ' | ||
Total current assets | 1,848,313 | 3,374,547 | ' | ' | ||
Property, plant and equipment, net | 2,748,641 | 3,207,103 | ' | ' | ||
Investments in and advances to affiliates | 0 | 0 | ' | ' | ||
Intangible assets, net | 891,570 | 962,369 | ' | ' | ||
Deferred income taxes, net | 9,810 | 26,716 | ' | ' | ||
Long-term Intercompany Receivables | 1,357 | 1,354 | ' | ' | ||
Other assets | 493,061 | 399,986 | ' | ' | ||
Assets of Disposal Group, Including Discontinued Operation, Noncurrent | ' | 109,835 | ' | ' | ||
Total assets | 5,992,752 | 8,081,910 | ' | ' | ||
Accounts payable | 188,693 | 345,401 | ' | ' | ||
Short-term Intercompany Payables | 173,397 | 159,322 | ' | ' | ||
Accrued expenses and other | 546,411 | 873,702 | ' | ' | ||
Deferred revenues | 100,526 | 127,782 | ' | ' | ||
Current portion of long-term debt | 1,120,272 | 94,968 | ' | ' | ||
Deposit Liability, Current | ' | 720,013 | ' | ' | ||
Liabilities of Disposal Group, Including Discontinued Operation, Current | ' | 36,769 | ' | ' | ||
Total current liabilities | 2,446,905 | 2,357,957 | ' | ' | ||
Long-term debt | 318,948 | 2,933,424 | ' | ' | ||
Deferred revenues | ' | 11,238 | ' | ' | ||
Deferred credits | 75,130 | 106,682 | ' | ' | ||
Long-term Intercompany Payables | 138,718 | 929,990 | ' | ' | ||
Other long-term liabilities | 238,600 | 175,213 | ' | ' | ||
Liabilities Not Subject To Compromise | 3,218,301 | ' | ' | ' | ||
Liabilities of Disposal Group, Including Discontinued Operation, Noncurrent | ' | 5,326 | ' | ' | ||
Total Liabilities | ' | 6,519,830 | ' | ' | ||
External Liabilities Subject To Compromise | 1,695,494 | ' | ' | ' | ||
Intercompany Liabilities Subject To Compromise | 709,392 | ' | ' | ' | ||
Liabilities Subject to Compromise | 2,404,886 | ' | ' | ' | ||
Total stockholders' equity | 369,565 | 1,562,080 | ' | ' | ||
Total liabilities and stockholders' equity | 5,992,752 | 8,081,910 | ' | ' | ||
Consolidating Adjustments [Member] | ' | ' | ' | ' | ||
Cash and cash equivalents | 0 | 0 | 0 | 0 | ||
Short-term investments | 0 | 0 | ' | ' | ||
Accounts receivable, net | 0 | 0 | ' | ' | ||
Short-term Intercompany Receviables | -193,722 | -238,987 | ' | ' | ||
Handset and accessory inventory | 0 | 0 | ' | ' | ||
Deferred income taxes, net | -984 | 0 | ' | ' | ||
Prepaid expenses and other | 0 | 0 | ' | ' | ||
Assets of Disposal Group, Including Discontinued Operation, Current | ' | 0 | ' | ' | ||
Total current assets | -194,706 | -238,987 | ' | ' | ||
Property, plant and equipment, net | 0 | -287 | ' | ' | ||
Investments in and advances to affiliates | -1,275,693 | -4,933,035 | ' | ' | ||
Intangible assets, net | 0 | 0 | ' | ' | ||
Deferred income taxes, net | -15,592 | -16,028 | ' | ' | ||
Long-term Intercompany Receivables | -5,925,529 | -5,892,452 | ' | ' | ||
Other assets | 0 | 0 | ' | ' | ||
Assets of Disposal Group, Including Discontinued Operation, Noncurrent | ' | 0 | ' | ' | ||
Total assets | -7,411,520 | -11,080,789 | ' | ' | ||
Accounts payable | 0 | 0 | ' | ' | ||
Short-term Intercompany Payables | -176,164 | -2,241,962 | ' | ' | ||
Accrued expenses and other | -859 | -222 | ' | ' | ||
Deferred revenues | 0 | 0 | ' | ' | ||
Current portion of long-term debt | 0 | 0 | ' | ' | ||
Deposit Liability, Current | 0 | 0 | ' | ' | ||
Liabilities of Disposal Group, Including Discontinued Operation, Current | ' | 0 | ' | ' | ||
Total current liabilities | -177,023 | -2,242,184 | ' | ' | ||
Long-term debt | 0 | 0 | ' | ' | ||
Deferred revenues | ' | 0 | ' | ' | ||
Deferred credits | -15,592 | -16,028 | ' | ' | ||
Long-term Intercompany Payables | -138,718 | -3,890,606 | ' | ' | ||
Other long-term liabilities | 0 | 0 | ' | ' | ||
Liabilities Not Subject To Compromise | -331,333 | ' | ' | ' | ||
Liabilities of Disposal Group, Including Discontinued Operation, Noncurrent | ' | 0 | ' | ' | ||
Total Liabilities | ' | -6,148,818 | ' | ' | ||
External Liabilities Subject To Compromise | 0 | ' | ' | ' | ||
Intercompany Liabilities Subject To Compromise | -5,804,858 | ' | ' | ' | ||
Liabilities Subject to Compromise | -5,804,858 | ' | ' | ' | ||
Total stockholders' equity | -1,275,329 | -4,931,971 | ' | ' | ||
Total liabilities and stockholders' equity | ($7,411,520) | ($11,080,789) | ' | ' | ||
[1] | NII Capital Corp. is the issuer of our 7.625% senior notes due 2021, our 10.0%B senior notes due 2016 and our 8.875%B senior notes due 2019. | |||||
[2] | Represents our subsidiaries that have provided guarantees of the obligations of NII Capital Corp. under our 7.625% senior notes due 2021, our 10.0%B senior notes due 2016 and our 8.875%B senior notes due 2019. |
Condensed_Consolidating_Financ4
Condensed Consolidating Financial Statements (Condensed Consolidating Statement of Operations) (Details) (USD $) | 3 Months Ended | 9 Months Ended | ||
In Thousands, unless otherwise specified | Sep. 30, 2014 | Sep. 30, 2013 | Sep. 30, 2014 | Sep. 30, 2013 |
Operating revenues | $926,727 | $1,085,633 | $2,834,489 | $3,647,799 |
Operating expenses | ' | ' | ' | ' |
Cost of revenues (exclusive of depreciation and amortization included below) | 539,858 | 554,036 | 1,738,253 | 1,731,260 |
Selling, general and administrative | 406,162 | 460,977 | 1,305,737 | 1,443,016 |
Provision for Doubtful Accounts | ' | ' | 95,813 | 73,002 |
Restructuring, Settlement and Impairment Provisions | 98,092 | 21,341 | 128,320 | 147,020 |
Gain (Loss) on Sale of Assets and Asset Impairment Charges | -75,441 | 0 | -75,441 | 0 |
Management fee, royalty fee and other | 0 | 0 | 0 | 0 |
Depreciation and amortization | 170,956 | 177,168 | 513,363 | 539,442 |
Total operating expenses | 1,139,627 | 1,213,522 | 3,610,232 | 3,860,738 |
Operating income | -212,900 | -127,889 | -775,743 | -212,939 |
Other income (expense) | ' | ' | ' | ' |
Interest expense, net | -130,292 | -134,917 | -390,858 | -382,275 |
Intercompany Interest Expense | 0 | 0 | 0 | 0 |
Interest income | 13,495 | 9,265 | 46,333 | 24,743 |
Intercompany Interest Income | 0 | 0 | 0 | 0 |
Foreign currency transaction (losses) gains, net | -63,002 | -6,117 | -48,976 | -74,820 |
Equity in income of affiliates | 0 | 0 | 0 | 0 |
Other (expense) income, net | 943 | 4,490 | -2,054 | -8,610 |
Total other expense | -178,856 | -127,279 | -395,555 | -440,962 |
(Loss) income before income tax benefit (provision) | -391,756 | -255,168 | -1,171,298 | -653,901 |
Reorganization Items | -58,579 | 0 | -58,579 | 0 |
Income tax benefit (provision) | -6,418 | -4,339 | -40,129 | -74,727 |
Income (Loss) from Continuing Operations Attributable to Parent | -456,753 | -259,507 | -1,270,006 | -728,628 |
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | 13,306 | -40,434 | -172,831 | -175,168 |
Net income | -443,447 | -299,941 | -1,442,837 | -903,796 |
Foreign currency translation adjustment | -216,109 | -20,129 | -163,106 | -218,306 |
Reclassification adjustment for sale of Nextel Chile | -33,885 | 0 | -33,885 | 0 |
Other | 430 | 4,231 | 296 | 439 |
Other comprehensive income | -249,564 | -15,898 | -196,695 | -217,867 |
Total comprehensive income | -693,011 | -315,839 | -1,639,532 | -1,121,663 |
NII Holdings Inc. (Parent) [Member] | ' | ' | ' | ' |
Operating revenues | 0 | 0 | 0 | 0 |
Operating expenses | ' | ' | ' | ' |
Cost of revenues (exclusive of depreciation and amortization included below) | 0 | 0 | 0 | 0 |
Selling, general and administrative | 522 | 748 | 2,117 | 2,345 |
Restructuring, Settlement and Impairment Provisions | 0 | 0 | 0 | 0 |
Gain (Loss) on Sale of Assets and Asset Impairment Charges | 0 | ' | 0 | ' |
Management fee, royalty fee and other | 0 | 0 | 0 | 0 |
Depreciation and amortization | 0 | 0 | 0 | 0 |
Total operating expenses | 522 | 748 | 2,117 | 2,345 |
Operating income | -522 | -748 | -2,117 | -2,345 |
Other income (expense) | ' | ' | ' | ' |
Interest expense, net | -132 | -141 | -414 | -419 |
Intercompany Interest Expense | -48,890 | -59,183 | -165,324 | -175,617 |
Interest income | 62 | 227 | 266 | 799 |
Intercompany Interest Income | 111 | 76 | 290 | 1,226 |
Foreign currency transaction (losses) gains, net | 0 | 0 | 0 | 0 |
Equity in income of affiliates | -392,272 | -255,170 | -1,292,952 | -766,624 |
Other (expense) income, net | 1,631 | 8,115 | 6,784 | 28,731 |
Total other expense | -439,490 | -306,076 | -1,451,350 | -911,904 |
(Loss) income before income tax benefit (provision) | -440,012 | -306,824 | -1,453,467 | -914,249 |
Reorganization Items | 0 | ' | 0 | ' |
Income tax benefit (provision) | -3,435 | 6,883 | 10,630 | 10,453 |
Income (Loss) from Continuing Operations Attributable to Parent | -443,447 | -299,941 | -1,442,837 | -903,796 |
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | 0 | 0 | 0 | 0 |
Net income | -443,447 | -299,941 | -1,442,837 | -903,796 |
Foreign currency translation adjustment | -216,109 | -20,129 | -163,106 | -218,306 |
Reclassification adjustment for sale of Nextel Chile | -33,885 | ' | -33,885 | ' |
Other | 430 | 4,231 | 296 | 439 |
Other comprehensive income | -249,564 | -15,898 | -196,695 | -217,867 |
Total comprehensive income | -693,011 | -315,839 | -1,639,532 | -1,121,663 |
Guarantor Subsidiaries [Member] | ' | ' | ' | ' |
Operating revenues | 358 | 777 | 2,045 | 2,313 |
Operating expenses | ' | ' | ' | ' |
Cost of revenues (exclusive of depreciation and amortization included below) | 0 | 0 | 0 | 0 |
Selling, general and administrative | 30,539 | 38,077 | 122,013 | 131,048 |
Restructuring, Settlement and Impairment Provisions | 43,391 | 12,741 | 60,827 | 89,029 |
Gain (Loss) on Sale of Assets and Asset Impairment Charges | 0 | ' | 0 | ' |
Management fee, royalty fee and other | -13,529 | 9,959 | -43,439 | -44,351 |
Depreciation and amortization | 4,167 | 5,524 | 15,315 | 21,429 |
Total operating expenses | 64,568 | 66,301 | 154,716 | 197,155 |
Operating income | -64,210 | -65,524 | -152,671 | -194,842 |
Other income (expense) | ' | ' | ' | ' |
Interest expense, net | -77 | -323 | -543 | -1,100 |
Intercompany Interest Expense | -18 | -15 | -53 | -42 |
Interest income | 2 | 2 | 7 | 8 |
Intercompany Interest Income | 372 | 181 | 884 | 308 |
Foreign currency transaction (losses) gains, net | 0 | 0 | 0 | 0 |
Equity in income of affiliates | -289,308 | -235,810 | -1,104,506 | -619,874 |
Other (expense) income, net | -2 | 666 | -2 | 611 |
Total other expense | -289,031 | -235,299 | -1,104,213 | -620,089 |
(Loss) income before income tax benefit (provision) | -353,241 | -300,823 | -1,256,884 | -814,931 |
Reorganization Items | -1,750 | ' | -1,750 | ' |
Income tax benefit (provision) | -4,464 | -1,449 | -12,975 | -7,042 |
Income (Loss) from Continuing Operations Attributable to Parent | -359,455 | -302,272 | -1,271,609 | -821,973 |
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | 0 | 0 | 0 | 0 |
Net income | -359,455 | -302,272 | -1,271,609 | -821,973 |
Foreign currency translation adjustment | -215,707 | -20,155 | -163,100 | -218,226 |
Reclassification adjustment for sale of Nextel Chile | -33,885 | ' | -33,885 | ' |
Other | 430 | 4,231 | 296 | 439 |
Other comprehensive income | -249,162 | -15,924 | -196,689 | -217,787 |
Total comprehensive income | -608,617 | -318,196 | -1,468,298 | -1,039,760 |
Prior Group Of Non-Guarantor Subsidiaries [Member] | ' | ' | ' | ' |
Other income (expense) | ' | ' | ' | ' |
Income (Loss) from Continuing Operations Attributable to Parent | -303,314 | -195,376 | -932,375 | -444,706 |
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | 14,006 | -40,434 | -172,131 | -175,168 |
Non-Guarantor Subsidiaries [Member] | ' | ' | ' | ' |
Operating revenues | 926,625 | 1,085,624 | 2,834,236 | 3,647,790 |
Operating expenses | ' | ' | ' | ' |
Cost of revenues (exclusive of depreciation and amortization included below) | 539,858 | 554,036 | 1,738,253 | 1,731,260 |
Selling, general and administrative | 373,776 | 424,236 | 1,184,162 | 1,315,964 |
Restructuring, Settlement and Impairment Provisions | 54,701 | 8,600 | 67,493 | 57,991 |
Gain (Loss) on Sale of Assets and Asset Impairment Charges | -75,441 | ' | -75,441 | ' |
Management fee, royalty fee and other | 13,599 | -2,835 | 45,646 | 69,366 |
Depreciation and amortization | 166,789 | 171,644 | 498,048 | 518,013 |
Total operating expenses | 1,073,282 | 1,155,681 | 3,458,161 | 3,692,594 |
Operating income | -146,657 | -70,057 | -623,925 | -44,804 |
Other income (expense) | ' | ' | ' | ' |
Interest expense, net | -79,774 | -74,182 | -218,254 | -201,210 |
Intercompany Interest Expense | -10,858 | -12,821 | -36,264 | -38,822 |
Interest income | 13,431 | 9,036 | 46,060 | 23,936 |
Intercompany Interest Income | 1 | 0 | 0 | 0 |
Foreign currency transaction (losses) gains, net | -63,002 | -6,117 | -48,976 | -74,820 |
Equity in income of affiliates | 0 | 0 | 0 | 0 |
Other (expense) income, net | 245 | 4,149 | -3,039 | -8,900 |
Total other expense | -139,957 | -79,935 | -260,473 | -299,816 |
(Loss) income before income tax benefit (provision) | -286,614 | -149,992 | -884,398 | -344,620 |
Reorganization Items | -11,177 | ' | -11,177 | ' |
Income tax benefit (provision) | -5,523 | -45,384 | -36,800 | -100,086 |
Net income | -289,308 | -235,810 | -1,104,506 | -619,874 |
Foreign currency translation adjustment | -215,707 | -20,155 | -163,100 | -218,226 |
Reclassification adjustment for sale of Nextel Chile | -33,885 | ' | -33,885 | ' |
Other | 430 | 4,231 | 296 | 439 |
Other comprehensive income | -249,162 | -15,924 | -196,689 | -217,787 |
Total comprehensive income | -538,470 | -251,734 | -1,301,195 | -837,661 |
Consolidating Adjustments [Member] | ' | ' | ' | ' |
Operating revenues | -256 | -768 | -1,792 | -2,304 |
Operating expenses | ' | ' | ' | ' |
Cost of revenues (exclusive of depreciation and amortization included below) | 0 | 0 | 0 | 0 |
Selling, general and administrative | -1,817 | -2,084 | -6,369 | -6,341 |
Restructuring, Settlement and Impairment Provisions | 0 | 0 | 0 | 0 |
Gain (Loss) on Sale of Assets and Asset Impairment Charges | 0 | ' | 0 | ' |
Management fee, royalty fee and other | -70 | -7,124 | -2,207 | -25,015 |
Depreciation and amortization | 0 | 0 | 0 | 0 |
Total operating expenses | -1,887 | -9,208 | -8,576 | -31,356 |
Operating income | 1,631 | 8,440 | 6,784 | 29,052 |
Other income (expense) | ' | ' | ' | ' |
Interest expense, net | 0 | 0 | 0 | 0 |
Intercompany Interest Expense | 59,766 | 72,019 | 201,641 | 214,481 |
Interest income | 0 | 0 | 0 | 0 |
Intercompany Interest Income | -59,766 | -72,019 | -201,641 | -214,481 |
Foreign currency transaction (losses) gains, net | 0 | 0 | 0 | 0 |
Equity in income of affiliates | 971,809 | 726,342 | 3,504,786 | 2,008,750 |
Other (expense) income, net | -931 | -8,440 | -5,797 | -29,052 |
Total other expense | 970,878 | 717,902 | 3,498,989 | 1,979,698 |
(Loss) income before income tax benefit (provision) | 972,509 | 726,342 | 3,505,773 | 2,008,750 |
Reorganization Items | 0 | ' | 0 | ' |
Income tax benefit (provision) | -315 | 39,922 | -984 | 34,199 |
Income (Loss) from Continuing Operations Attributable to Parent | 972,194 | 766,264 | 3,504,789 | 2,042,949 |
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | -700 | 0 | -700 | 0 |
Net income | 971,494 | 766,264 | 3,504,089 | 2,042,949 |
Foreign currency translation adjustment | 647,121 | 60,465 | 489,300 | 654,678 |
Reclassification adjustment for sale of Nextel Chile | 101,655 | ' | 101,655 | ' |
Other | -1,290 | -12,693 | -888 | -1,317 |
Other comprehensive income | 747,486 | 47,772 | 590,067 | 653,361 |
Total comprehensive income | 1,718,980 | 814,036 | 4,094,156 | 2,696,310 |
NII Capital Corp. (Issuer) [Member] | ' | ' | ' | ' |
Operating revenues | ' | 0 | 0 | 0 |
Operating expenses | ' | ' | ' | ' |
Cost of revenues (exclusive of depreciation and amortization included below) | 0 | 0 | 0 | 0 |
Selling, general and administrative | 3,142 | 0 | 3,814 | 0 |
Restructuring, Settlement and Impairment Provisions | 0 | 0 | 0 | 0 |
Gain (Loss) on Sale of Assets and Asset Impairment Charges | 0 | ' | 0 | ' |
Management fee, royalty fee and other | 0 | 0 | 0 | 0 |
Depreciation and amortization | 0 | 0 | 0 | 0 |
Total operating expenses | 3,142 | 0 | 3,814 | 0 |
Operating income | -3,142 | 0 | -3,814 | 0 |
Other income (expense) | ' | ' | ' | ' |
Interest expense, net | -50,309 | -60,271 | -171,647 | -179,546 |
Intercompany Interest Expense | 0 | 0 | 0 | 0 |
Interest income | 0 | 0 | 0 | 0 |
Intercompany Interest Income | 59,282 | 71,762 | 200,467 | 212,947 |
Foreign currency transaction (losses) gains, net | 0 | 0 | 0 | 0 |
Equity in income of affiliates | -290,229 | -235,362 | -1,107,328 | -622,252 |
Other (expense) income, net | 0 | 0 | 0 | 0 |
Total other expense | -281,256 | -223,871 | -1,078,508 | -588,851 |
(Loss) income before income tax benefit (provision) | -284,398 | -223,871 | -1,082,322 | -588,851 |
Reorganization Items | -45,652 | ' | -45,652 | ' |
Income tax benefit (provision) | 7,319 | -4,311 | 0 | -12,251 |
Income (Loss) from Continuing Operations Attributable to Parent | -322,731 | -228,182 | -1,127,974 | -601,102 |
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | 0 | 0 | 0 | 0 |
Net income | -322,731 | -228,182 | -1,127,974 | -601,102 |
Foreign currency translation adjustment | -215,707 | -20,155 | -163,100 | -218,226 |
Reclassification adjustment for sale of Nextel Chile | -33,885 | ' | -33,885 | ' |
Other | 430 | 4,231 | 296 | 439 |
Other comprehensive income | -249,162 | -15,924 | -196,689 | -217,787 |
Total comprehensive income | ($571,893) | ($244,106) | ($1,324,663) | ($818,889) |
Condensed_Consolidating_Financ5
Condensed Consolidating Financial Statements (Condensed Consolidating Statement of Cash Flows) (Details) (USD $) | 9 Months Ended | ||
In Thousands, unless otherwise specified | Sep. 30, 2014 | Sep. 30, 2013 | |
Cash flows from operating activities: | ' | ' | |
Net income | ($1,442,837) | ($903,796) | |
Adjustments to reconcile net income (loss) to net cash provided by operating activities | 709,247 | 932,421 | |
Net Cash Provided by (Used in) Operating Activities, Continuing Operations | -733,590 | 28,625 | |
Cash Provided by (Used in) Operating Activities, Discontinued Operations | -62,583 | -131,342 | |
Net cash provided by operating activities | -796,173 | -102,717 | |
Cash flows from investing activities: | ' | ' | |
Capital expenditures | -514,195 | -513,132 | |
Payments For Acquisitions Purchases Of Licenses | ' | -42,105 | |
Purchase of long-term and short-term investments | -1,331,015 | -1,772,379 | |
Proceeds from Sale of Other Investments | 1,848,594 | 1,619,551 | |
Investment in Subsidiaries | 0 | 0 | |
Increase (Decrease) in Restricted Cash | -157,237 | -17,351 | |
Transfers To Restricted Cash | ' | -17,351 | |
Other, net | -2,834 | 176 | |
Net Cash Provided by (Used in) Investing Activities, Continuing Operations | -156,687 | -725,240 | |
Cash Provided by (Used in) Investing Activities, Discontinued Operations | -13,999 | 237,874 | |
Net cash used in investing activities | -170,686 | -487,366 | |
Cash flows from financing activities: | ' | ' | |
Proceeds from Issuance of Senior Long-term Debt | 0 | 1,600,000 | |
Proceeds from Long-term Lines of Credit | ' | 110,157 | |
Repayments of Lines of Credit | ' | -327,762 | |
Repayments under syndicated loan facilities | ' | -323,919 | |
Repayments Under Import Financing | ' | -37,422 | |
Repayments Under Tower Financing and Other Borrowings | ' | -24,918 | |
Borrowings under vendor financing | 14,590 | ' | |
Intercompany dividends | ' | 0 | |
Proceeds From Intercompany Borrowings, Financing Activities | ' | 0 | |
Other, net | ' | -19,438 | |
Net Cash Provided by (Used in) Financing Activities, Continuing Operations | -84,499 | 976,698 | |
Cash Provided by (Used in) Financing Activities, Discontinued Operations | 0 | -152,967 | |
Repayments of import financing | -98,457 | ' | |
Capital contributions | 0 | ' | |
Other, net | -632 | -19,483 | |
Net cash (used in) provided by financing activities | -84,499 | 823,731 | |
Effect of exchange rate changes on cash and cash equivalents | -40,923 | -38,501 | |
Increase (Decrease) In Cash And Cash Equivalents, Held-For-Sale | 3,448 | 10,407 | |
Net (decrease) increase in cash and cash equivalents | -1,088,833 | 205,554 | |
Cash and cash equivalents, beginning of period | 1,730,335 | 1,364,953 | |
Cash and cash equivalents, end of period | 641,502 | 1,570,507 | |
NII Holdings Inc. (Parent) [Member] | ' | ' | |
Cash flows from operating activities: | ' | ' | |
Net income | -1,442,837 | -903,796 | |
Adjustments to reconcile net income (loss) to net cash provided by operating activities | 1,346,923 | 809,240 | |
Net Cash Provided by (Used in) Operating Activities, Continuing Operations | -95,914 | -94,556 | |
Cash Provided by (Used in) Operating Activities, Discontinued Operations | 0 | 0 | |
Net cash provided by operating activities | -95,914 | -94,556 | |
Cash flows from investing activities: | ' | ' | |
Capital expenditures | 0 | 0 | |
Payments For Acquisitions Purchases Of Licenses | ' | 0 | |
Purchase of long-term and short-term investments | 0 | 0 | |
Proceeds from Sale of Other Investments | 0 | 0 | |
Investment in Subsidiaries | -157,998 | -135,714 | |
Increase (Decrease) in Restricted Cash | 10,000 | ' | |
Transfers To Restricted Cash | ' | 0 | |
Other, net | 1,669 | 0 | |
Net Cash Provided by (Used in) Investing Activities, Continuing Operations | -146,329 | -135,714 | |
Cash Provided by (Used in) Investing Activities, Discontinued Operations | 0 | 0 | |
Net cash used in investing activities | -146,329 | -135,714 | |
Cash flows from financing activities: | ' | ' | |
Proceeds from Issuance of Senior Long-term Debt | ' | 0 | |
Proceeds from Long-term Lines of Credit | ' | 0 | |
Repayments of Lines of Credit | ' | 0 | |
Repayments under syndicated loan facilities | ' | 0 | |
Repayments Under Import Financing | ' | 0 | |
Repayments Under Tower Financing and Other Borrowings | ' | 0 | |
Borrowings under vendor financing | 0 | ' | |
Intercompany dividends | ' | 0 | |
Proceeds From Intercompany Borrowings, Financing Activities | ' | 0 | |
Other, net | ' | -918 | |
Net Cash Provided by (Used in) Financing Activities, Continuing Operations | ' | -918 | |
Cash Provided by (Used in) Financing Activities, Discontinued Operations | ' | 0 | |
Repayments of import financing | 0 | ' | |
Capital contributions | 0 | ' | |
Other, net | -86 | ' | |
Net cash (used in) provided by financing activities | -86 | -918 | |
Effect of exchange rate changes on cash and cash equivalents | 0 | 0 | |
Increase (Decrease) In Cash And Cash Equivalents, Held-For-Sale | 0 | 0 | |
Net (decrease) increase in cash and cash equivalents | -242,329 | -231,188 | |
Cash and cash equivalents, beginning of period | 356,314 | 735,022 | |
Cash and cash equivalents, end of period | 113,985 | 503,834 | |
NII Capital Corp. (Issuer) [Member] | ' | ' | |
Cash flows from operating activities: | ' | ' | |
Net income | -1,127,974 | -601,102 | |
Adjustments to reconcile net income (loss) to net cash provided by operating activities | 1,153,588 | 653,552 | |
Net Cash Provided by (Used in) Operating Activities, Continuing Operations | 25,614 | 52,450 | |
Cash Provided by (Used in) Operating Activities, Discontinued Operations | 0 | 0 | |
Net cash provided by operating activities | 25,614 | 52,450 | |
Cash flows from investing activities: | ' | ' | |
Capital expenditures | 0 | 0 | |
Payments For Acquisitions Purchases Of Licenses | ' | 0 | |
Purchase of long-term and short-term investments | 0 | 0 | |
Proceeds from Sale of Other Investments | 0 | 0 | |
Investment in Subsidiaries | -446 | -2,540 | |
Increase (Decrease) in Restricted Cash | 0 | ' | |
Transfers To Restricted Cash | ' | 0 | |
Other, net | 0 | 0 | |
Net Cash Provided by (Used in) Investing Activities, Continuing Operations | -446 | -2,540 | |
Cash Provided by (Used in) Investing Activities, Discontinued Operations | 0 | 0 | |
Net cash used in investing activities | -446 | -2,540 | |
Cash flows from financing activities: | ' | ' | |
Proceeds from Issuance of Senior Long-term Debt | ' | 0 | |
Proceeds from Long-term Lines of Credit | ' | 0 | |
Repayments of Lines of Credit | ' | 0 | |
Repayments under syndicated loan facilities | ' | 0 | |
Repayments Under Import Financing | ' | 0 | |
Repayments Under Tower Financing and Other Borrowings | ' | 0 | |
Borrowings under vendor financing | 0 | ' | |
Intercompany dividends | ' | 20 | |
Proceeds From Intercompany Borrowings, Financing Activities | ' | -49,910 | |
Other, net | ' | -20 | |
Net Cash Provided by (Used in) Financing Activities, Continuing Operations | ' | -49,910 | |
Cash Provided by (Used in) Financing Activities, Discontinued Operations | ' | 0 | |
Repayments of import financing | 0 | ' | |
Capital contributions | 20 | ' | |
Other, net | -20 | ' | |
Net cash (used in) provided by financing activities | 0 | -49,910 | |
Effect of exchange rate changes on cash and cash equivalents | 0 | 0 | |
Increase (Decrease) In Cash And Cash Equivalents, Held-For-Sale | 0 | 0 | |
Net (decrease) increase in cash and cash equivalents | 25,168 | 0 | |
Cash and cash equivalents, beginning of period | 0 | [1] | 0 |
Cash and cash equivalents, end of period | 25,168 | [1] | 0 |
Guarantor Subsidiaries [Member] | ' | ' | |
Cash flows from operating activities: | ' | ' | |
Net income | -1,271,609 | -821,973 | |
Adjustments to reconcile net income (loss) to net cash provided by operating activities | 1,140,157 | 707,180 | |
Net Cash Provided by (Used in) Operating Activities, Continuing Operations | -131,452 | -114,793 | |
Cash Provided by (Used in) Operating Activities, Discontinued Operations | 0 | 0 | |
Net cash provided by operating activities | -131,452 | -114,793 | |
Cash flows from investing activities: | ' | ' | |
Capital expenditures | -7,398 | -11,580 | |
Payments For Acquisitions Purchases Of Licenses | ' | 0 | |
Purchase of long-term and short-term investments | 0 | 0 | |
Proceeds from Sale of Other Investments | 0 | 0 | |
Investment in Subsidiaries | 0 | -1,259 | |
Increase (Decrease) in Restricted Cash | 0 | ' | |
Transfers To Restricted Cash | ' | 0 | |
Other, net | 32,390 | 0 | |
Net Cash Provided by (Used in) Investing Activities, Continuing Operations | 24,992 | -12,839 | |
Cash Provided by (Used in) Investing Activities, Discontinued Operations | 0 | 0 | |
Net cash used in investing activities | 24,992 | -12,839 | |
Cash flows from financing activities: | ' | ' | |
Proceeds from Issuance of Senior Long-term Debt | ' | 0 | |
Proceeds from Long-term Lines of Credit | ' | 0 | |
Repayments of Lines of Credit | ' | 0 | |
Repayments under syndicated loan facilities | ' | 0 | |
Repayments Under Import Financing | ' | 0 | |
Repayments Under Tower Financing and Other Borrowings | ' | -12,391 | |
Borrowings under vendor financing | 0 | ' | |
Intercompany dividends | ' | 135,694 | |
Proceeds From Intercompany Borrowings, Financing Activities | ' | 0 | |
Other, net | ' | 0 | |
Net Cash Provided by (Used in) Financing Activities, Continuing Operations | ' | 123,303 | |
Cash Provided by (Used in) Financing Activities, Discontinued Operations | ' | 0 | |
Repayments of import financing | -42,414 | ' | |
Capital contributions | 157,812 | ' | |
Other, net | -1,668 | ' | |
Net cash (used in) provided by financing activities | 113,730 | 123,303 | |
Effect of exchange rate changes on cash and cash equivalents | 0 | 0 | |
Increase (Decrease) In Cash And Cash Equivalents, Held-For-Sale | 0 | 0 | |
Net (decrease) increase in cash and cash equivalents | 7,270 | -4,329 | |
Cash and cash equivalents, beginning of period | 5,586 | [2] | 6,469 |
Cash and cash equivalents, end of period | 12,856 | [2] | 2,140 |
Non-Guarantor Subsidiaries [Member] | ' | ' | |
Cash flows from operating activities: | ' | ' | |
Net income | -1,104,506 | -619,874 | |
Adjustments to reconcile net income (loss) to net cash provided by operating activities | 572,668 | 855,308 | |
Net Cash Provided by (Used in) Operating Activities, Continuing Operations | -531,838 | 235,434 | |
Cash Provided by (Used in) Operating Activities, Discontinued Operations | -62,583 | -131,342 | |
Net cash provided by operating activities | -594,421 | 104,092 | |
Cash flows from investing activities: | ' | ' | |
Capital expenditures | -506,797 | -501,552 | |
Payments For Acquisitions Purchases Of Licenses | ' | -42,105 | |
Purchase of long-term and short-term investments | -1,331,015 | -1,772,379 | |
Proceeds from Sale of Other Investments | 1,848,594 | 1,619,551 | |
Investment in Subsidiaries | 0 | 0 | |
Increase (Decrease) in Restricted Cash | -167,237 | ' | |
Transfers To Restricted Cash | ' | -17,351 | |
Other, net | -35,224 | 160 | |
Net Cash Provided by (Used in) Investing Activities, Continuing Operations | -191,679 | -713,676 | |
Cash Provided by (Used in) Investing Activities, Discontinued Operations | -13,999 | 237,874 | |
Net cash used in investing activities | -205,678 | -475,802 | |
Cash flows from financing activities: | ' | ' | |
Proceeds from Issuance of Senior Long-term Debt | ' | 1,600,000 | |
Proceeds from Long-term Lines of Credit | ' | 110,157 | |
Repayments of Lines of Credit | ' | -327,762 | |
Repayments under syndicated loan facilities | ' | -323,919 | |
Repayments Under Import Financing | ' | -37,422 | |
Repayments Under Tower Financing and Other Borrowings | ' | -12,527 | |
Borrowings under vendor financing | 14,590 | ' | |
Intercompany dividends | ' | 3,799 | |
Proceeds From Intercompany Borrowings, Financing Activities | ' | 0 | |
Other, net | ' | -18,484 | |
Net Cash Provided by (Used in) Financing Activities, Continuing Operations | ' | 993,842 | |
Cash Provided by (Used in) Financing Activities, Discontinued Operations | ' | -152,967 | |
Repayments of import financing | -56,043 | ' | |
Capital contributions | 612 | ' | |
Other, net | -527 | ' | |
Net cash (used in) provided by financing activities | -41,368 | 840,875 | |
Effect of exchange rate changes on cash and cash equivalents | -40,923 | -38,501 | |
Increase (Decrease) In Cash And Cash Equivalents, Held-For-Sale | 3,448 | 10,407 | |
Net (decrease) increase in cash and cash equivalents | -878,942 | 441,071 | |
Cash and cash equivalents, beginning of period | 1,368,435 | 623,462 | |
Cash and cash equivalents, end of period | 489,493 | 1,064,533 | |
Consolidating Adjustments [Member] | ' | ' | |
Cash flows from operating activities: | ' | ' | |
Net income | 3,504,089 | 2,042,949 | |
Adjustments to reconcile net income (loss) to net cash provided by operating activities | -3,504,089 | -2,092,859 | |
Net Cash Provided by (Used in) Operating Activities, Continuing Operations | 0 | -49,910 | |
Cash Provided by (Used in) Operating Activities, Discontinued Operations | 0 | 0 | |
Net cash provided by operating activities | 0 | -49,910 | |
Cash flows from investing activities: | ' | ' | |
Capital expenditures | 0 | 0 | |
Payments For Acquisitions Purchases Of Licenses | ' | 0 | |
Purchase of long-term and short-term investments | 0 | 0 | |
Proceeds from Sale of Other Investments | 0 | 0 | |
Investment in Subsidiaries | 158,444 | 139,513 | |
Increase (Decrease) in Restricted Cash | 0 | ' | |
Transfers To Restricted Cash | ' | 0 | |
Other, net | -1,669 | 16 | |
Net Cash Provided by (Used in) Investing Activities, Continuing Operations | 156,775 | 139,529 | |
Cash Provided by (Used in) Investing Activities, Discontinued Operations | 0 | 0 | |
Net cash used in investing activities | 156,775 | 139,529 | |
Cash flows from financing activities: | ' | ' | |
Proceeds from Issuance of Senior Long-term Debt | ' | 0 | |
Proceeds from Long-term Lines of Credit | ' | 0 | |
Repayments of Lines of Credit | ' | 0 | |
Repayments under syndicated loan facilities | ' | 0 | |
Repayments Under Import Financing | ' | 0 | |
Repayments Under Tower Financing and Other Borrowings | ' | 0 | |
Borrowings under vendor financing | 0 | ' | |
Intercompany dividends | ' | -139,513 | |
Proceeds From Intercompany Borrowings, Financing Activities | ' | 49,910 | |
Other, net | ' | -16 | |
Net Cash Provided by (Used in) Financing Activities, Continuing Operations | ' | -89,619 | |
Cash Provided by (Used in) Financing Activities, Discontinued Operations | ' | 0 | |
Repayments of import financing | 0 | ' | |
Capital contributions | -158,444 | ' | |
Other, net | 1,669 | ' | |
Net cash (used in) provided by financing activities | -156,775 | -89,619 | |
Effect of exchange rate changes on cash and cash equivalents | 0 | 0 | |
Increase (Decrease) In Cash And Cash Equivalents, Held-For-Sale | 0 | 0 | |
Net (decrease) increase in cash and cash equivalents | 0 | 0 | |
Cash and cash equivalents, beginning of period | 0 | 0 | |
Cash and cash equivalents, end of period | $0 | $0 | |
[1] | NII Capital Corp. is the issuer of our 7.625% senior notes due 2021, our 10.0%B senior notes due 2016 and our 8.875%B senior notes due 2019. | ||
[2] | Represents our subsidiaries that have provided guarantees of the obligations of NII Capital Corp. under our 7.625% senior notes due 2021, our 10.0%B senior notes due 2016 and our 8.875%B senior notes due 2019. |