Registration No. 033-65149



                       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
3,141,400  options to purchase a share of Sprint  Common Stock  ("Sprint  Common
Stock") and 3,141,400  shares of Sprint  Common Stock  issuable upon exercise of
options granted under the Management  Incentive Stock Option Plan. In connection
with the  spin-off of Sprint's  cellular  division in March 1996,  the number of
shares  covered by the  Registration  Statement  was  increased  to 3,813,660 to
prevent  dilution.  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  3,813,660  shares of Sprint  Common  Stock  were
reclassified  into 3,813,660  shares of FON Common Stock and 1,906,830 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  3,813,660  shares of FON  Common  Stock  available  under the  Registration
Statement. The two-for-one split of the FON Common Stock increased the number of
shares of FON Common Stock under the Registration  Statement to 7,627,320 shares
of FON Common  Stock.  Options  for  1,189,246  shares of PCS Common  Stock were
exercised before the two-for-one split of the PCS Common Stock in the 2000 first
quarter,  leaving  717,584  shares  of PCS  Common  Stock  available  under  the
Registration Statement.  The two-for-one split of the PCS Common Stock increased
the number of shares of PCS Common  Stock under the  Registration  Statement  to
1,435,168 shares of PCS Common Stock.

     Options  for all  remaining  1,435,168  shares  of PCS  Common  Stock  were
exercised  before the PCS Common Stock and the FON Common Stock were  recombined
on April 23, 2004. In addition,  options for all 7,627,320  shares of FON Common
Stock  have been  exercised.  Therefore,  no shares of FON  Common  Stock or PCS
Common Stock remain available under the 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 11th day
of June, 2004.

                              SPRINT CORPORATION



                              By  /c/ 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 11, 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 11, 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. 033-65149.










                                      II-3









                          EXHIBIT INDEX


Exhibit
Number    Exhibits

 24.     Power of Attorney