Registration No. 333-54108



                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549
                            ________________________

                         POST-EFFECTIVE AMENDMENT NO. 2
                                       TO
                                    Form S-8
                             REGISTRATION STATEMENT
                                      Under
                           THE SECURITIES ACT OF 1933
                            ________________________

                               SPRINT CORPORATION
             (Exact name of registrant as specified in its charter)

                     Kansas                          48-0457967
         (State or other jurisdiction            (I.R.S. Employer
     of incorporation or organization)          Identification No.)

            Post Office Box 7997, Shawnee Mission, Kansas 66207-0997
                    (Address of principal executive offices)
                            ________________________

                     1997 LONG-TERM STOCK INCENTIVE PROGRAM
          (Shares previously issuable under the 1990 Stock Option Plan)
                            (Full title of the Plan)
                            ________________________

                              CLAUDIA S. TOUSSAINT
    Vice President, Corporate Governance and Ethics, and Corporate Secretary
                                  P.O. Box 7997
                       Shawnee Mission, Kansas 66207-0997
                     (Name and address of agent for service)

          Telephone number, including area code, of agent for service:
                                 (913) 794-1513
                            ________________________






     This Registration  Statement as originally filed related to the offering of
28,200,000  shares of FON Common Stock and 21,400,000 shares of PCS Common Stock
issuable  under the 1990 Stock  Option  Plan,  which was adopted as a subsidiary
plan under and pursuant to the 1997 Long-Term Stock Incentive Program (the "1997
Program"),  which had been  approved by  Sprint's  shareholders.  As  previously
reported,  Sprint's Board of Directors  combined the 1990 Stock Option Plan with
and into the 1997  Program to form a single plan (the "Plan  Combination").  The
shares of FON  Common  Stock  covered  by this  Registration  Statement  and not
previously issued in connection with the exercise of stock options granted under
the 1990  Stock  Option  Plan  before  the Plan  Combination  will be  issued in
connection with the exercise of options granted under the 1997 Program.

     On  February  28,   2004,   Sprint's   Board  of  Directors   approved  the
recombination  of the PCS Common  Stock and the FON Common  Stock,  effective on
April 23, 2004 (the  "Conversion  Date).  None of the  21,400,000  shares of PCS
Common  Stock were issued upon the  exercise  of options  before the  Conversion
Date.  Following  the  recombination  of the PCS Common Stock and the FON Common
Stock, no shares of PCS Common Stock may be issued. Accordingly,  the purpose of
this  Post-Effective  Amendment No. 2 is to deregister the 21,400,000  shares of
PCS Common Stock covered by this Registration Statement.





  PART II.  INFORMATION REQUIRED IN THE REGISTRATION STATEMENT


Item 8.     Exhibits.

Exhibit
Number      Exhibits

 24.        Power of Attorney.












                                      II-1



                                   SIGNATURES

     Pursuant to the  requirements of the Securities Act of 1933, the registrant
certifies  that it has  reasonable  grounds to believe  that it meets all of the
requirements  for filing on Form S-8 and has duly caused this  Amendment  to the
Registration Statement to be signed on its behalf by the undersigned,  thereunto
duly authorized,  in the City of Overland Park, State of Kansas, on the 29th day
of April, 2004.

                              SPRINT CORPORATION



                              By  /s/ Claudia S. Toussaint
                                  (Claudia S. Toussaint, Vice President)





     Pursuant to the  requirements of the Securities Act of 1933, this Amendment
to the  Registration  Statement has been signed by the following  persons in the
capacities and on the date indicated.

Name                    Title                          Date

                        Chairman of the Board and   )
G. D. FORSEE*           Chief Executive Officer     )
                        (Principal Executive        )
                        Officer)                    )
                                                    )
                        Executive Vice President    )
ROBERT J. DELLINGER*    - Chief Financial Officer   )
                        (Principal Financial        )
                        Officer)                    )
                                                    )
                        Senior Vice President and   )
J. P. MEYER*            Controller                  )
                        (Principal Accounting       )
                        Officer)                    )  April 29, 2004
                                                    )
DUBOSE AUSLEY*          Director                    )
                                                    )
_____________________                               )
(Gordon M. Bethune)     Director                    )
                                                    )
                                                    )
E. LINN DRAPER, JR. *   Director                    )
                                                    )
_____________________                               )
(Deborah A. Henretta)   Director                    )




                                      II-2




                                                    )
                                                    )
I. O. HOCKADAY, JR.*    Director                    )
                                                    )
                                                    )
L.K. LORIMER*           Director                    )
                                                    )  April 29, 2004
                                                    )
C. E. RICE*             Director                    )
                                                    )
                                                    )
LOUIS W. SMITH*         Director                    )
                                                    )
                                                    )
GERALD L. STORCH*       Director                    )
                                                    )







/s/ Claudia S. Toussaint
---------------------------

*    Signed by Claudia S. Toussaint,
     Attorney-in-Fact, pursuant to
     Power of Attorney filed with this
     Amendment to the Registration
     Statement No. 333-54108.









                                      II-3




                                  EXHIBIT INDEX


Exhibit
Number    Exhibits

 24.      Power of Attorney.