Registration No. 333-42077



                       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)
                            ------------------------

                               SPRINT CORPORATION
                     MANAGEMENT INCENTIVE 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
6,100,000  options to purchase a share of Sprint  Common Stock  ("Sprint  Common
Stock") and 6,100,000  shares of Sprint  Common Stock  issuable upon exercise of
options  granted under the Management  Incentive Stock Option Plan. No shares of
Sprint  Common Stock were issued  before the  reclassification  of Sprint Common
Stock  into FON  Common  Stock  and PCS  Common  Stock in  November,  1998.  The
6,100,000 shares were reclassified into 6,100,000 shares of FON Common Stock and
3,050,000  shares of PCS Common Stock. No shares of FON Common Stock were issued
before the two-for-one split of the FON Common Stock in the 1999 second quarter,
leaving all 6,100,000 shares of FON Common Stock.  The two-for-one  split of the
FON Common  Stock  increased  the number of shares of FON Common Stock under the
Registration  Statement to 12,200,000  shares of FON Common Stock.  No shares of
PCS Common  Stock were  issued  before the  two-for-one  split of the PCS Common
Stock in the 2000 first  quarter,  leaving  all  3,050,000  shares of PCS Common
Stock.  The  two-for-one  split of the PCS Common Stock  increased the number of
shares of PCS Common Stock under the Registration  Statement to 6,100,000 shares
of PCS Common Stock.

     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).  Options for  4,544,494  shares of PCS
Common Stock were exercised before the Conversion Date, leaving 1,555,506 shares
of PCS Common Stock. 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 remaining
1,555,506 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 10th day
of June, 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) )
                                                       )
                                                       )   June 10, 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                       )
                                                       )  June 10, 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. 333-42077.






                                      II-3



                                  EXHIBIT INDEX


Exhibit
Number    Exhibits

 24. Power of Attorney.