Registration No. 333-46491



                       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
6,558,436  shares of Sprint Common Stock ("Sprint 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.  On  November  23,  1998,
following approval by Sprint shareholders, each share of Sprint Common Stock was
reclassified  into one share of FON Common  Stock and one-half of a share of PCS
Common Stock. The 6,558,436 shares of Sprint Common Stock were reclassified into
6,558,436  shares of FON Common Stock and 3,279,218  shares of PCS Common Stock.
At the same time,  outstanding  options were  converted into options to purchase
FON Common Stock and PCS Common Stock.  The two-for-one  split of the FON Common
Stock in the 1999 second  quarter  increased  the number of shares of FON Common
Stock covered by the Registration  Statement to 13,116,872  shares of FON Common
Stock.  The two-for-one  split of the PCS Common Stock in the 2000 first quarter
increased the number of shares of PCS Common Stock  covered by the  Registration
Statement to 6,558,436 shares of PCS Common Stock.

     On February 10, 2004, in compliance  with the  settlement of the derivative
litigation  brought by Amalgamated Bank, as Trustee for The Longview  Collective
Investment Fund, 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").
Options granted under the 1990 Stock Option Plan before the Plan Combination are
now deemed  granted  under the 1997  Program.  Accordingly,  the purpose of this
Post-Effective  Amendment  No. 2 is to  reflect  the fact that the shares of FON
Common Stock and PCS 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 hereafter be issued
in connection with the exercise of options  granted under the 1997 Program,  but
not for any other awards  permitted  under the 1997 Program  (such as restricted
stock, performance share, or other stock unit awards).





  PART II.  INFORMATION REQUIRED IN THE REGISTRATION STATEMENT



Item 8.     Exhibits.

Exhibit
Number    Exhibits

   4.    1997  Long-Term  Stock  Incentive  Program,  as  amended
         (filed as Exhibit 4 to Post-Effective Amendment  No.  2
         to  Sprint Corporation's Registration Statement on Form
         S-8   (No.   33-59349)  and  incorporated   herein   by
         reference)

  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 12th day
of February, 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)                    )
                                                    ) February 12, 2004
                                                    )
DUBOSE AUSLEY*                   Director           )
                                                    )
                                                    )
E. LINN DRAPER, JR. *            Director           )
                                                    )
                                                    )
I. O. HOCKADAY, JR.*             Director           )
                                                    )
                                                    )
L. K. LORIMER*                   Director           )
                                                    )


                                      II-2



                                                    )
C. E. RICE*                      Director           )
                                                    )
                                                    )
LOUIS W. SMITH*                  Director           )
                                                    )  February 12, 2004
                                                    )
GERALD L. STORCH*                Director           )
                                                    )
                                                    )
STEWART TURLEY*                  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. 333-46491

















                                        II-3




                                  EXHIBIT INDEX


Exhibit
Number    Exhibits

   4.    1997  Long-Term  Stock  Incentive  Program,  as  amended
         (filed as Exhibit 4 to Post-Effective Amendment  No.  2
         to  Sprint Corporation's Registration Statement on Form
         S-8   (No.   33-59349)  and  incorporated   herein   by
         reference)

  24.    Power of Attorney.