We analyze the performance of TCP and TCP with network coding (TCP/NC) in lossy wireless networks. We build upon the simple framework introduced by Padhye et al. and characterize the throughput behavior of classical TCP as well as TCP/NC as a function of erasure rate, round-trip time, maximum window size, and duration of the connection. Our analytical results show that network coding masks erasures and losses from TCP, thus preventing TCPs performance degradation in lossy networks, such as wireless networks. It is further seen that TCP/NC has significant throughput gains over TCP. In addition, we simulate TCP and TCP/NC to verify our analysis of the average throughput and the window evolution. Our analysis and simulation results show very close concordance and support that TCP/NC is robust against erasures. TCP/NC is not only able to increase its window size faster but also to maintain a large window size despite losses within the network, whereas TCP experiences window closing essenti...