| Condensed Consolidating Financial Information |
| | Note 19: Condensed Consolidating Financial Information |
Comcast (“Comcast Parent”), Comcast Cable Communications, LLC (“CCCL Parent”) and NBCUniversal (“NBCUniversal Media Parent”) have fully and unconditionally guaranteed each other’s debt. See Note 7 for additional information on the cross-guarantee structure.
Condensed Consolidating Statement of Income | | | | | | | | | | | | | | | | | | | | | | | For the Year Ended December 31, 2018 (in millions) | Comcast Parent |
| Comcast
Holdings |
| CCCL Parent |
| NBCUniversal Media Parent |
| Non-
Guarantor
Subsidiaries |
| Elimination
and
Consolidation
Adjustments |
| Consolidated
Comcast
Corporation |
| Revenue: | | | | | | | | Service revenue | $ | — |
| $ | — |
| $ | — |
| $ | — |
| $ | 94,507 |
| $ | — |
| $ | 94,507 |
| Management fee revenue | 1,197 |
| — |
| 1,175 |
| — |
| — |
| (2,372 | ) | — |
| Total revenue | 1,197 |
| — |
| 1,175 |
| — |
| 94,507 |
| (2,372 | ) | 94,507 |
| Costs and Expenses: | | | | | | | | Programming and production | — |
| — |
| — |
| — |
| 29,692 |
| — |
| 29,692 |
| Other operating and administrative | 947 |
| — |
| 1,175 |
| 1,023 |
| 27,321 |
| (2,372 | ) | 28,094 |
| Advertising, marketing and promotion | — |
| — |
| — |
| — |
| 7,036 |
| — |
| 7,036 |
| Depreciation | 46 |
| — |
| — |
| — |
| 8,235 |
| — |
| 8,281 |
| Amortization | 5 |
| — |
| — |
| — |
| 2,731 |
| — |
| 2,736 |
| Other operating gains | — |
| — |
| — |
| — |
| (341 | ) | — |
| (341 | ) | Total costs and expenses | 998 |
| — |
| 1,175 |
| 1,023 |
| 74,674 |
| (2,372 | ) | 75,498 |
| Operating income (loss) | 199 |
| — |
| — |
| (1,023 | ) | 19,833 |
| — |
| 19,009 |
| Interest expense | (2,644 | ) | (12 | ) | (190 | ) | (430 | ) | (266 | ) | — |
| (3,542 | ) | Investment and other income (loss), net | 13,638 |
| 13,604 |
| 12,021 |
| 6,694 |
| 5,054 |
| (51,236 | ) | (225 | ) | Income (loss) before income taxes | 11,193 |
| 13,592 |
| 11,831 |
| 5,241 |
| 24,621 |
| (51,236 | ) | 15,242 |
| Income tax (expense) benefit | 538 |
| 8 |
| 40 |
| (4 | ) | (3,962 | ) | — |
| (3,380 | ) | Net income (loss) | 11,731 |
| 13,600 |
| 11,871 |
| 5,237 |
| 20,659 |
| (51,236 | ) | 11,862 |
| Less: Net income attributable to noncontrolling interests and redeemable subsidiary preferred stock | — |
| — |
| — |
| — |
| 131 |
| — |
| 131 |
| Net income (loss) attributable to Comcast Corporation | $ | 11,731 |
| $ | 13,600 |
| $ | 11,871 |
| $ | 5,237 |
| $ | 20,528 |
| $ | (51,236 | ) | $ | 11,731 |
| Comprehensive income (loss) attributable to Comcast Corporation | $ | 10,908 |
| $ | 13,623 |
| $ | 11,873 |
| $ | 5,279 |
| $ | 19,553 |
| $ | (50,328 | ) | $ | 10,908 |
|
Condensed Consolidating Statement of Income | | | | | | | | | | | | | | | | | | | | | | | For the Year Ended December 31, 2017 (in millions) | Comcast Parent |
| Comcast
Holdings |
| CCCL Parent |
| NBCUniversal Media Parent |
| Non-
Guarantor
Subsidiaries |
| Elimination
and
Consolidation
Adjustments |
| Consolidated
Comcast
Corporation |
| Revenue: | | | | | | | | Service revenue | $ | — |
| $ | — |
| $ | — |
| $ | — |
| $ | 85,029 |
| $ | — |
| $ | 85,029 |
| Management fee revenue | 1,128 |
| — |
| 1,109 |
| — |
| — |
| (2,237 | ) | — |
| Total revenue | 1,128 |
| — |
| 1,109 |
| — |
| 85,029 |
| (2,237 | ) | 85,029 |
| Costs and Expenses: | | | | | | | | Programming and production | — |
| — |
| — |
| — |
| 25,355 |
| — |
| 25,355 |
| Other operating and administrative | 766 |
| — |
| 1,109 |
| 1,044 |
| 24,767 |
| (2,237 | ) | 25,449 |
| Advertising, marketing and promotion | — |
| — |
| — |
| — |
| 6,519 |
| — |
| 6,519 |
| Depreciation | 31 |
| — |
| — |
| — |
| 7,883 |
| — |
| 7,914 |
| Amortization | 6 |
| — |
| — |
| — |
| 2,210 |
| — |
| 2,216 |
| Other operating gains | — |
| — |
| — |
| — |
| (442 | ) | — |
| (442 | ) | Total costs and expenses | 803 |
| — |
| 1,109 |
| 1,044 |
| 66,292 |
| (2,237 | ) | 67,011 |
| Operating income (loss) | 325 |
| — |
| — |
| (1,044 | ) | 18,737 |
| — |
| 18,018 |
| Interest expense | (2,172 | ) | (12 | ) | (207 | ) | (456 | ) | (239 | ) | — |
| (3,086 | ) | Investment and other income (loss), net | 24,076 |
| 21,767 |
| 19,610 |
| 6,584 |
| 5,545 |
| (77,161 | ) | 421 |
| Income (loss) before income taxes | 22,229 |
| 21,755 |
| 19,403 |
| 5,084 |
| 24,043 |
| (77,161 | ) | 15,353 |
| Income tax (expense) benefit | 506 |
| 156 |
| 71 |
| (4 | ) | 6,840 |
| — |
| 7,569 |
| Net income (loss) | 22,735 |
| 21,911 |
| 19,474 |
| 5,080 |
| 30,883 |
| (77,161 | ) | 22,922 |
| Less: Net income loss attributable to noncontrolling interests and redeemable subsidiary preferred stock | — |
| — |
| — |
| — |
| 187 |
| — |
| 187 |
| Net income (loss) attributable to Comcast Corporation | $ | 22,735 |
| $ | 21,911 |
| $ | 19,474 |
| $ | 5,080 |
| $ | 30,696 |
| $ | (77,161 | ) | $ | 22,735 |
| Comprehensive income (loss) attributable to Comcast Corporation | $ | 22,822 |
| $ | 21,909 |
| $ | 19,477 |
| $ | 5,054 |
| $ | 30,558 |
| $ | (76,998 | ) | $ | 22,822 |
|
Condensed Consolidating Statement of Income | | | | | | | | | | | | | | | | | | | | | | | For the Year Ended December 31, 2016 (in millions) | Comcast Parent |
| Comcast
Holdings |
| CCCL Parent |
| NBCUniversal Media Parent |
| Non-
Guarantor
Subsidiaries |
| Elimination
and
Consolidation
Adjustments |
| Consolidated
Comcast
Corporation |
| Revenue: | | | | | | | | Service revenue | $ | — |
| $ | — |
| $ | — |
| $ | — |
| $ | 80,736 |
| $ | — |
| $ | 80,736 |
| Management fee revenue | 1,067 |
| — |
| 1,049 |
| — |
| — |
| (2,116 | ) | — |
| Total revenue | 1,067 |
| — |
| 1,049 |
| — |
| 80,736 |
| (2,116 | ) | 80,736 |
| Costs and Expenses: | | | | | | | | Programming and production | — |
| — |
| — |
| — |
| 24,348 |
| — |
| 24,348 |
| Other operating and administrative | 813 |
| — |
| 1,049 |
| 932 |
| 23,162 |
| (2,116 | ) | 23,840 |
| Advertising, marketing and promotion | — |
| — |
| — |
| — |
| 6,291 |
| — |
| 6,291 |
| Depreciation | 28 |
| — |
| — |
| — |
| 7,436 |
| — |
| 7,464 |
| Amortization | 6 |
| — |
| — |
| — |
| 1,956 |
| — |
| 1,962 |
| Other operating gains | — |
| — |
| — |
| — |
| — |
| — |
| — |
| Total costs and expenses | 847 |
| — |
| 1,049 |
| 932 |
| 63,193 |
| (2,116 | ) | 63,905 |
| Operating income (loss) | 220 |
| — |
| — |
| (932 | ) | 17,543 |
| — |
| 16,831 |
| Interest expense | (1,941 | ) | (12 | ) | (239 | ) | (456 | ) | (294 | ) | — |
| (2,942 | ) | Investment and other income (loss), net | 9,799 |
| 9,289 |
| 8,703 |
| 5,572 |
| 4,515 |
| (37,441 | ) | 437 |
| Income (loss) before income taxes | 8,078 |
| 9,277 |
| 8,464 |
| 4,184 |
| 21,764 |
| (37,441 | ) | 14,326 |
| Income tax (expense) benefit | 600 |
| 6 |
| 84 |
| (13 | ) | (5,975 | ) | — |
| (5,298 | ) | Net income (loss) | 8,678 |
| 9,283 |
| 8,548 |
| 4,171 |
| 15,789 |
| (37,441 | ) | 9,028 |
| Less: Net income attributable to noncontrolling interests and redeemable subsidiary preferred stock | — |
| — |
| — |
| — |
| 350 |
| — |
| 350 |
| Net income (loss) attributable to Comcast Corporation | $ | 8,678 |
| $ | 9,283 |
| $ | 8,548 |
| $ | 4,171 |
| $ | 15,439 |
| $ | (37,441 | ) | $ | 8,678 |
| Comprehensive income (loss) attributable to Comcast Corporation | $ | 8,950 |
| $ | 9,325 |
| $ | 8,554 |
| $ | 4,248 |
| $ | 15,529 |
| $ | (37,656 | ) | $ | 8,950 |
|
Condensed Consolidating Statement of Cash Flows | | | | | | | | | | | | | | | | | | | | | | | For the Year Ended December 31, 2018 (in millions) | Comcast Parent |
| Comcast
Holdings |
| CCCL Parent |
| NBCUniversal Media Parent |
| Non-
Guarantor
Subsidiaries |
| Elimination
and
Consolidation
Adjustments |
| Consolidated
Comcast
Corporation |
| Net cash provided by (used in) operating activities | $ | (2,245 | ) | $ | 126 |
| $ | (112 | ) | $ | (1,430 | ) | $ | 27,958 |
| $ | — |
| $ | 24,297 |
| Investing Activities: | | | | | | | | Net transactions with affiliates | (26,179 | ) | (575 | ) | 112 |
| 1,336 |
| 25,306 |
| — |
| — |
| Capital expenditures | (27 | ) | — |
| — |
| — |
| (9,747 | ) | — |
| (9,774 | ) | Cash paid for intangible assets | (4 | ) | — |
| — |
| — |
| (1,931 | ) | — |
| (1,935 | ) | Acquisitions and construction of real estate properties | (105 | ) | — |
| — |
| — |
| (38 | ) | — |
| (143 | ) | Construction of Universal Beijing Resort | — |
| — |
| — |
| — |
| (460 | ) | — |
| (460 | ) | Acquisitions, net of cash acquired | — |
| — |
| — |
| — |
| (38,219 | ) | — |
| (38,219 | ) | Proceeds from sales of businesses and investments | — |
| — |
| — |
| 68 |
| 73 |
| — |
| 141 |
| Purchases of investments | (126 | ) | — |
| — |
| (50 | ) | (1,081 | ) | — |
| (1,257 | ) | Deposits | — |
| — |
| — |
| — |
| — |
| — |
| — |
| Other | 148 |
| 449 |
| — |
| — |
| 196 |
| — |
| 793 |
| Net cash provided by (used in) investing activities | (26,293 | ) | (126 | ) | 112 |
| 1,354 |
| (25,901 | ) | — |
| (50,854 | ) | Financing Activities: | | | | | | | | Proceeds from (repayments of) short-term borrowings, net | (902 | ) | — |
| — |
| — |
| 1,281 |
| — |
| 379 |
| Proceeds from borrowings | 44,113 |
| — |
| — |
| — |
| 668 |
| — |
| 44,781 |
| Repurchases and repayments of debt | (5,737 | ) | — |
| — |
| (4 | ) | (3,057 | ) | — |
| (8,798 | ) | Repurchases of common stock under repurchase program and employee plans | (5,320 | ) | — |
| — |
| — |
| — |
| — |
| (5,320 | ) | Dividends paid | (3,352 | ) | — |
| — |
| — |
| — |
| — |
| (3,352 | ) | Purchase of Universal Studios Japan noncontrolling interests | — |
| — |
| — |
| — |
| — |
| — |
| — |
| Issuances of common stock | — |
| — |
| — |
| — |
| — |
| — |
| — |
| Distributions to noncontrolling interests and dividends for redeemable subsidiary preferred stock | — |
| — |
| — |
| — |
| (277 | ) | — |
| (277 | ) | Other | (201 | ) | — |
| — |
| — |
| (72 | ) | — |
| (273 | ) | Net cash provided by (used in) financing activities | 28,601 |
| — |
| — |
| (4 | ) | (1,457 | ) | — |
| 27,140 |
| Impact of foreign currency on cash, cash equivalents and restricted cash | (63 | ) | — |
| — |
| — |
| (182 | ) | — |
| (245 | ) | Increase (decrease) in cash and cash equivalents and restricted cash | — |
| — |
| — |
| (80 | ) | 418 |
| — |
| 338 |
| Cash, cash equivalents and restricted cash, beginning of year | — |
| — |
| — |
| 496 |
| 3,075 |
| — |
| 3,571 |
| Cash, cash equivalents and restricted cash, end of year | $ | — |
| $ | — |
| $ | — |
| $ | 416 |
| $ | 3,493 |
| $ | — |
| $ | 3,909 |
|
Condensed Consolidating Statement of Cash Flows | | | | | | | | | | | | | | | | | | | | | | | For the Year Ended December 31, 2017 (in millions) | Comcast Parent |
| Comcast Holdings |
| CCCL Parent |
| NBCUniversal Media Parent |
| Non-
Guarantor
Subsidiaries |
| Elimination
and
Consolidation
Adjustments |
| Consolidated
Comcast
Corporation |
| Net cash provided by (used in) operating activities | $ | 151 |
| $ | 15 |
| $ | (147 | ) | $ | (1,439 | ) | $ | 22,681 |
| $ | — |
| $ | 21,261 |
| Investing Activities: | | | | | | | | Net transactions with affiliates | 5,578 |
| (5 | ) | 757 |
| 1,447 |
| (7,777 | ) | — |
| — |
| Capital expenditures | (12 | ) | — |
| — |
| — |
| (9,538 | ) | — |
| (9,550 | ) | Cash paid for intangible assets | (4 | ) | — |
| — |
| — |
| (1,601 | ) | — |
| (1,605 | ) | Acquisitions and construction of real estate properties | (267 | ) | — |
| — |
| — |
| (151 | ) | — |
| (418 | ) | Construction of Universal Beijing Resort | — |
| — |
| — |
| — |
| (71 | ) | — |
| (71 | ) | Acquisitions, net of cash acquired | — |
| — |
| — |
| — |
| (532 | ) | — |
| (532 | ) | Proceeds from sales of businesses and investments | — |
| — |
| — |
| 14 |
| 136 |
| — |
| 150 |
| Purchases of investments | (70 | ) | (10 | ) | (60 | ) | (62 | ) | (2,090 | ) | — |
| (2,292 | ) | Deposits | — |
| — |
| — |
| — |
| — |
| — |
| — |
| Other | 101 |
| — |
| — |
| 58 |
| 626 |
| — |
| 785 |
| Net cash provided by (used in) investing activities | 5,326 |
| (15 | ) | 697 |
| 1,457 |
| (20,998 | ) | — |
| (13,533 | ) | Financing Activities: | | | | | | | | Proceeds from (repayments of) short-term borrowings, net | (837 | ) | — |
| — |
| — |
| (1,068 | ) | — |
| (1,905 | ) | Proceeds from borrowings | 5,997 |
| — |
| — |
| — |
| 5,469 |
| — |
| 11,466 |
| Repurchases and repayments of debt | (2,288 | ) | — |
| (550 | ) | (4 | ) | (3,522 | ) | — |
| (6,364 | ) | Repurchases of common stock under repurchase program and employee plans | (5,435 | ) | — |
| — |
| — |
| — |
| — |
| (5,435 | ) | Dividends paid | (2,883 | ) | — |
| — |
| — |
| — |
| — |
| (2,883 | ) | Purchase of Universal Studios Japan noncontrolling interests | — |
| — |
| — |
| — |
| (2,299 | ) | — |
| (2,299 | ) | Issuances of common stock | — |
| — |
| — |
| — |
| — |
| — |
| — |
| Distributions to noncontrolling interests and dividends for redeemable subsidiary preferred stock | — |
| — |
| — |
| — |
| (252 | ) | — |
| (252 | ) | Other | (31 | ) | — |
| — |
| — |
| 131 |
| — |
| 100 |
| Net cash provided by (used in) financing activities | (5,477 | ) | — |
| (550 | ) | (4 | ) | (1,541 | ) | — |
| (7,572 | ) | Increase (decrease) in cash and cash equivalents and restricted cash | — |
| — |
| — |
| 14 |
| 142 |
| — |
| 156 |
| Cash, cash equivalents and restricted cash, beginning of year | — |
| — |
| — |
| 482 |
| 2,933 |
| — |
| 3,415 |
| Cash, cash equivalents and restricted cash, end of year | $ | — |
| $ | — |
| $ | — |
| $ | 496 |
| $ | 3,075 |
| $ | — |
| $ | 3,571 |
|
Condensed Consolidating Statement of Cash Flows | | | | | | | | | | | | | | | | | | | | | | | For the Year Ended December 31, 2016 (in millions) | Comcast Parent |
| Comcast
Holdings |
| CCCL Parent |
| NBCUniversal Media Parent |
| Non-
Guarantor
Subsidiaries |
| Elimination
and
Consolidation
Adjustments |
| Consolidated
Comcast
Corporation |
| Net cash provided by (used in) operating activities | $ | 349 |
| $ | (336 | ) | $ | (100 | ) | $ | (1,453 | ) | $ | 21,231 |
| $ | — |
| $ | 19,691 |
| Investing Activities: | | | | | | | | Net transactions with affiliates | (1,956 | ) | 336 |
| 100 |
| 2,642 |
| (1,122 | ) | — |
| — |
| Capital expenditures | (13 | ) | — |
| — |
| — |
| (9,122 | ) | — |
| (9,135 | ) | Cash paid for intangible assets | (9 | ) | — |
| — |
| — |
| (1,543 | ) | — |
| (1,552 | ) | Acquisitions and construction of real estate properties | (35 | ) | — |
| — |
| — |
| (393 | ) | — |
| (428 | ) | Construction of Universal Beijing Resort | — |
| — |
| — |
| — |
| (22 | ) | — |
| (22 | ) | Acquisitions, net of cash acquired | — |
| — |
| — |
| — |
| (3,929 | ) | — |
| (3,929 | ) | Proceeds from sales of businesses and investments | — |
| — |
| — |
| 104 |
| 114 |
| — |
| 218 |
| Purchases of investments | (40 | ) | — |
| — |
| (210 | ) | (1,447 | ) | — |
| (1,697 | ) | Deposits | — |
| — |
| — |
| — |
| (1,749 | ) | — |
| (1,749 | ) | Other | (108 | ) | — |
| — |
| (35 | ) | 172 |
| — |
| 29 |
| Net cash provided by (used in) investing activities | (2,161 | ) | 336 |
| 100 |
| 2,501 |
| (19,041 | ) | — |
| (18,265 | ) | Financing Activities: | | | | | | | | Proceeds from (repayments of) short-term borrowings, net | 1,339 |
| — |
| — |
| — |
| 451 |
| — |
| 1,790 |
| Proceeds from borrowings | 9,231 |
| — |
| — |
| — |
| — |
| — |
| 9,231 |
| Repurchases and repayments of debt | (750 | ) | — |
| — |
| (1,005 | ) | (1,297 | ) | — |
| (3,052 | ) | Repurchases of common stock under repurchase program and employee plans | (5,352 | ) | — |
| — |
| — |
| — |
| — |
| (5,352 | ) | Dividends paid | (2,601 | ) | — |
| — |
| — |
| — |
| — |
| (2,601 | ) | Issuances of common stock | 23 |
| — |
| — |
| — |
| — |
| — |
| 23 |
| Distributions to noncontrolling interests and dividends for redeemable subsidiary preferred stock | — |
| — |
| — |
| — |
| (253 | ) | — |
| (253 | ) | Other | (78 | ) | — |
| — |
| 25 |
| (167 | ) | — |
| (220 | ) | Net cash provided by (used in) financing activities | 1,812 |
| — |
| — |
| (980 | ) | (1,266 | ) | — |
| (434 | ) | Increase (decrease) in cash and cash equivalents and restricted cash | — |
| — |
| — |
| 68 |
| 924 |
| — |
| 992 |
| Cash, cash equivalents and restricted cash, beginning of year | — |
| — |
| — |
| 414 |
| 2,009 |
| — |
| 2,423 |
| Cash, cash equivalents and restricted cash, end of year | $ | — |
| $ | — |
| $ | — |
| $ | 482 |
| $ | 2,933 |
| $ | — |
| $ | 3,415 |
|
Condensed Consolidating Balance Sheet | | | | | | | | | | | | | | | | | | | | | | | December 31, 2018 (in millions) | Comcast Parent |
| Comcast Holdings |
| CCCL Parent |
| NBCUniversal Media Parent |
| Non- Guarantor Subsidiaries |
| Elimination and Consolidation Adjustments |
| Consolidated Comcast Corporation |
| Assets | | | | | | | | Cash and cash equivalents | $ | — |
| $ | — |
| $ | — |
| $ | 416 |
| $ | 3,398 |
| $ | — |
| $ | 3,814 |
| Receivables, net | — |
| — |
| — |
| — |
| 11,104 |
| — |
| 11,104 |
| Programming rights | — |
| — |
| — |
| — |
| 3,746 |
| — |
| 3,746 |
| Other current assets | 66 |
| 20 |
| — |
| 28 |
| 3,070 |
| — |
| 3,184 |
| Total current assets | 66 |
| 20 |
| — |
| 444 |
| 21,318 |
| — |
| 21,848 |
| Film and television costs | — |
| — |
| — |
| — |
| 7,837 |
| — |
| 7,837 |
| Investments | 270 |
| 11 |
| 143 |
| 790 |
| 6,669 |
| — |
| 7,883 |
| Investments in and amounts due from subsidiaries eliminated upon consolidation | 157,264 |
| 147,028 |
| 130,214 |
| 53,853 |
| 97,872 |
| (586,231 | ) | — |
| Property and equipment, net | 670 |
| — |
| — |
| — |
| 43,767 |
| — |
| 44,437 |
| Franchise rights | — |
| — |
| — |
| — |
| 59,365 |
| — |
| 59,365 |
| Goodwill | — |
| — |
| — |
| — |
| 66,154 |
| — |
| 66,154 |
| Other intangible assets, net | 11 |
| — |
| — |
| — |
| 38,347 |
| — |
| 38,358 |
| Other noncurrent assets, net | 1,057 |
| 208 |
| — |
| 85 |
| 4,910 |
| (458 | ) | 5,802 |
| Total assets | $ | 159,338 |
| $ | 147,267 |
| $ | 130,357 |
| $ | 55,172 |
| $ | 346,239 |
| $ | (586,689 | ) | $ | 251,684 |
| Liabilities and Equity | | | | | | | | Accounts payable and accrued expenses related to trade creditors | $ | 2 |
| $ | — |
| $ | — |
| $ | — |
| $ | 8,492 |
| $ | — |
| $ | 8,494 |
| Accrued participations and residuals | — |
| — |
| — |
| — |
| 1,808 |
| — |
| 1,808 |
| Deferred revenue | — |
| — |
| — |
| — |
| 2,182 |
| — |
| 2,182 |
| Accrued expenses and other current liabilities | 2,357 |
| 150 |
| 360 |
| 282 |
| 7,572 |
| — |
| 10,721 |
| Current portion of long-term debt | 699 |
| — |
| — |
| 4 |
| 3,695 |
| — |
| 4,398 |
| Total current liabilities | 3,058 |
| 150 |
| 360 |
| 286 |
| 23,749 |
| — |
| 27,603 |
| Long-term debt, less current portion | 81,661 |
| 146 |
| 2,100 |
| 7,748 |
| 15,690 |
| — |
| 107,345 |
| Deferred income taxes | — |
| 314 |
| — |
| 65 |
| 27,734 |
| (524 | ) | 27,589 |
| Other noncurrent liabilities | 3,006 |
| — |
| — |
| 1,201 |
| 11,056 |
| 66 |
| 15,329 |
| Redeemable noncontrolling interests and redeemable subsidiary preferred stock | — |
| — |
| — |
| — |
| 1,316 |
| — |
| 1,316 |
| Equity: | | | | | | | | Common stock | 54 |
| — |
| — |
| — |
| — |
| — |
| 54 |
| Other shareholders’ equity | 71,559 |
| 146,657 |
| 127,897 |
| 45,872 |
| 265,805 |
| (586,231 | ) | 71,559 |
| Total Comcast Corporation shareholders’ equity | 71,613 |
| 146,657 |
| 127,897 |
| 45,872 |
| 265,805 |
| (586,231 | ) | 71,613 |
| Noncontrolling interests | — |
| — |
| — |
| — |
| 889 |
| — |
| 889 |
| Total equity | 71,613 |
| 146,657 |
| 127,897 |
| 45,872 |
| 266,694 |
| (586,231 | ) | 72,502 |
| Total liabilities and equity | $ | 159,338 |
| $ | 147,267 |
| $ | 130,357 |
| $ | 55,172 |
| $ | 346,239 |
| $ | (586,689 | ) | $ | 251,684 |
|
Condensed Consolidating Balance Sheet | | | | | | | | | | | | | | | | | | | | | | | December 31, 2017 (in millions) | Comcast Parent |
| Comcast
Holdings |
| CCCL Parent |
| NBCUniversal Media Parent |
| Non-
Guarantor
Subsidiaries |
| Elimination
and
Consolidation
Adjustments |
| Consolidated
Comcast
Corporation |
| Assets | | | | | | | | Cash and cash equivalents | $ | — |
| $ | — |
| $ | — |
| $ | 496 |
| $ | 2,932 |
| $ | — |
| $ | 3,428 |
| Receivables, net | — |
| — |
| — |
| — |
| 8,834 |
| — |
| 8,834 |
| Programming rights | — |
| — |
| — |
| — |
| 1,613 |
| — |
| 1,613 |
| Other current assets | 60 |
| — |
| 7 |
| 25 |
| 2,376 |
| — |
| 2,468 |
| Total current assets | 60 |
| — |
| 7 |
| 521 |
| 15,755 |
| — |
| 16,343 |
| Film and television costs | — |
| — |
| — |
| — |
| 7,087 |
| — |
| 7,087 |
| Investments | 146 |
| 21 |
| 108 |
| 693 |
| 5,963 |
| — |
| 6,931 |
| Investments in and amounts due from subsidiaries eliminated upon consolidation | 117,164 |
| 142,519 |
| 139,528 |
| 50,102 |
| 113,332 |
| (562,645 | ) | — |
| Property and equipment, net | 551 |
| — |
| — |
| — |
| 37,919 |
| — |
| 38,470 |
| Franchise rights | — |
| — |
| — |
| — |
| 59,364 |
| — |
| 59,364 |
| Goodwill | — |
| — |
| — |
| — |
| 36,780 |
| — |
| 36,780 |
| Other intangible assets, net | 12 |
| — |
| — |
| — |
| 18,121 |
| — |
| 18,133 |
| Other noncurrent assets, net | 435 |
| 708 |
| — |
| 88 |
| 3,437 |
| (314 | ) | 4,354 |
| Total assets | $ | 118,368 |
| $ | 143,248 |
| $ | 139,643 |
| $ | 51,404 |
| $ | 297,758 |
| $ | (562,959 | ) | $ | 187,462 |
| Liabilities and Equity | | | | | | | | Accounts payable and accrued expenses related to trade creditors | $ | 16 |
| $ | — |
| $ | — |
| $ | — |
| $ | 6,892 |
| $ | — |
| $ | 6,908 |
| Accrued participations and residuals | — |
| — |
| — |
| — |
| 1,644 |
| — |
| 1,644 |
| Deferred revenue | — |
| — |
| — |
| — |
| 1,687 |
| — |
| 1,687 |
| Accrued expenses and other current liabilities | 1,888 |
| 92 |
| 333 |
| 326 |
| 3,981 |
| — |
| 6,620 |
| Current portion of long-term debt | 2,810 |
| — |
| — |
| 4 |
| 2,320 |
| — |
| 5,134 |
| Total current liabilities | 4,714 |
| 92 |
| 333 |
| 330 |
| 16,524 |
| — |
| 21,993 |
| Long-term debt, less current portion | 42,428 |
| 140 |
| 2,100 |
| 7,751 |
| 7,003 |
| — |
| 59,422 |
| Deferred income taxes | — |
| 285 |
| — |
| 67 |
| 24,250 |
| (343 | ) | 24,259 |
| Other noncurrent liabilities | 2,610 |
| — |
| — |
| 1,128 |
| 7,205 |
| 29 |
| 10,972 |
| Redeemable noncontrolling interests and redeemable subsidiary preferred stock | — |
| — |
| — |
| — |
| 1,357 |
| — |
| 1,357 |
| Equity: | | | | | | | | Common stock | 55 |
| — |
| — |
| — |
| — |
| — |
| 55 |
| Other shareholders’ equity | 68,561 |
| 142,731 |
| 137,210 |
| 42,128 |
| 240,576 |
| (562,645 | ) | 68,561 |
| Total Comcast Corporation shareholders’ equity | 68,616 |
| 142,731 |
| 137,210 |
| 42,128 |
| 240,576 |
| (562,645 | ) | 68,616 |
| Noncontrolling interests | — |
| — |
| — |
| — |
| 843 |
| — |
| 843 |
| Total equity | 68,616 |
| 142,731 |
| 137,210 |
| 42,128 |
| 241,419 |
| (562,645 | ) | 69,459 |
| Total liabilities and equity | $ | 118,368 |
| $ | 143,248 |
| $ | 139,643 |
| $ | 51,404 |
| $ | 297,758 |
| $ | (562,959 | ) | $ | 187,462 |
|
|