EXHIBIT (12)
                       SPRINT CORPORATION
                    COMPUTATION OF  RATIO OF
                    EARNINGS TO FIXED CHARGES
                          (In Millions)
                                
                             1993      1992      1991      1990      1989
                                                           
Income from continuing                                     
 operations                $480.6    $496.1    $472.7    $351.1    $353.0
Capitalized interest         (8.1)    (11.3)    (15.0)    (16.9)    (21.4)
Income tax provision        295.3     282.3     242.9     173.9     151.9
                                                           
Subtotal                    767.8     767.1     700.6     508.1     483.5
                                                           
Fixed charges                                              
 Interest charges           460.5     522.4     563.3     549.9     556.5
 Interest factor of                                        
  operating rents           117.8     116.3     105.6      94.6      86.4
 Pre-tax cost of                                           
  preferred stock                                           
  dividends of            
  subsidiaries                1.6       2.1       2.4       2.5       2.6 
                                                           
Total fixed charges         579.9     640.8     671.3     647.0     645.5
                                                           
Earnings, as adjusted    $1,347.7  $1,407.9  $1,371.9  $1,155.1  $1,129.0
                                                           
Ratio of earnings to                                       
fixed charges <1>           2.32      2.20      2.04      1.79      1.75
                                
                                
 <1>Earnings as computed for the ratio of earnings to fixed
    charges includes the nonrecurring merger, integration and
    restructuring costs of $293 million recorded in 1993 and
    nonrecurring charges of $58 million (after the effect of
    minority interest) recorded in 1990.  In the absence of these
    nonrecurring costs, the ratio of earnings to fixed charges
    would have been 2.83 and 1.87 for 1993 and 1990, respectively.
                                
 NOTE : The above ratios have been computed by dividing fixed
        charges into the sum of (a) income from continuing operations
        less capitalized interest included in income, (b) income
        taxes, and (c) fixed charges.  Fixed charges consist of
        interest on all indebtedness (including amortization of debt
        issuance expenses), the interest component of operating rents
        and the pre-tax cost of preferred stock dividends of
        subsidiaries.