Registration No. 333-68739



                       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
                            ------------------------





                                EXPLANATORY NOTE


     This Registration  Statement as originally filed related to the offering of
8,100,000  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").  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 8,100,000 shares of PCS Common Stock.  The two-for-one  split of the
PCS Common Stock  increased  the number of shares of PCS Common Stock  remaining
under the Registration Statement to 16,200,000 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).  None of the  16,200,000  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 16,200,000  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 14th day
of May, 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)  )
                                                        )    May 14, 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                        )
                                                        )
                                                        )    May 14, 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.
     333-68739.











                                      II-3





                                  EXHIBIT INDEX


Exhibit
Number    Exhibits

 24.      Power of Attorney.