Long-Term Debt (Tables)
|
12 Months Ended |
Dec. 31, 2018 |
|---|
| Debt Instrument [Line Items] |
|
| Schedule of Long-Term Debt |
| | | | | | | | | | | | Long-Term Debt Outstanding | | | | | | December 31 (in millions) | Weighted-Average
Interest Rate as of
December 31, 2018 |
| | 2018 |
| | 2017 |
| Commercial paper | 2.86 | % | | $ | 675 |
| | $ | 903 |
| Revolving bank credit facilities(b) | 1.13 | % | | 606 |
| | — |
| Term loans(a) | 1.85 | % | | 13,268 |
| | 3,880 |
| Senior notes with maturities of 5 years or less, at face value(b) | 3.48 | % | | 26,331 |
| | 15,680 |
| Senior notes with maturities between 5 and 10 years, at face value(b) | 3.64 | % | | 26,727 |
| | 13,277 |
| Senior notes with maturities greater than 10 years, at face value(b)(c) | 4.68 | % | | 45,030 |
| | 31,838 |
| Other, including capital lease obligations | — |
| | 808 |
| | 921 |
| Debt issuance costs, premiums, discounts, fair value adjustments for acquisition accounting and hedged positions, net(d) | — |
| | (1,702 | ) | | (1,943 | ) | Total debt | 3.77 | % | (d) | 111,743 |
| | 64,556 |
| Less: Current portion | | | 4,398 |
| | 5,134 |
| Long-term debt |
| | $ | 107,345 |
| | $ | 59,422 |
|
| | (a) | Term loans consist of the following, with foreign currency denominated borrowings translated using the exchange rates as of each date: |
| | • | Comcast: borrowings associated with the Sky transaction of £5.6 billion as of December 31, 2018 (see Note 8) |
| | • | Universal Studios Japan: ¥390 billion and ¥435 billion as of December 31, 2018 and 2017, respectively |
| | • | Universal Beijing Resort: ¥4 billion RMB as of December 31, 2018 (see Note 8) |
| | (b) | The December 31, 2018 amounts include an aggregate of approximately $10.7 billion of Sky debt consolidated by Comcast. The Sky debt as of December 31, 2018 included $3.2 billion of senior notes, €4.9 billion of senior notes and £1.1 billion of senior notes that will mature between 2019 and 2035. The Sky senior notes were recorded at fair value as of October 9, 2018. |
| | (c) | The December 31, 2018 and 2017 amounts include £625 million of 5.50% notes due 2029. |
(d) Includes the effects of our derivative financial instruments. |
| Debt Maturities |
| | | | | Principal Maturities of Debt | | (in millions) | | 2019 | $ | 4,413 |
| 2020 | $ | 7,961 |
| 2021 | $ | 11,548 |
| 2022 | $ | 8,741 |
| 2023 | $ | 7,818 |
| Thereafter | $ | 72,964 |
|
|
| NBCUniversal Media LLC [Member] |
|
| Debt Instrument [Line Items] |
|
| Schedule of Long-Term Debt |
| | | | | | | | | | | Long-Term Debt Outstanding | | | | | December 31 (in millions) | Weighted-Average Interest Rate as of December 31, 2018 |
| | 2018 |
| 2017 |
| Term loans (a) | 1.30 | % | | $ | 4,122 |
| $ | 3,860 |
| Senior notes with maturities of 5 years or less, at face value | 4.39 | % | | 5,000 |
| 4,000 |
| Senior notes with maturities between 5 and 10 years, at face value | — |
| | — |
| 1,000 |
| Senior notes with maturities greater than 10 years, at face value | 5.50 | % | | 2,759 |
| 2,759 |
| Notes due 2049 to Comcast | 4.00 | % | | 610 |
| 610 |
| Other, including capital lease obligations | — |
| | 427 |
| 276 |
| Debt issuance costs, premiums and discounts, net | — |
| | (36 | ) | (32 | ) | Total debt | 3.58 | % | | 12,882 |
| 12,473 |
| Less: Current portion | | | 151 |
| 198 |
| Long-term debt | | | $ | 12,731 |
| $ | 12,275 |
|
| | (a) | Term loans consist of the following, with foreign currency denominated borrowings translated using the exchange rates as of each date: |
•Universal Studios Japan: ¥390 billion and ¥435 billion as of December 31, 2018 and 2017, respectively •Universal Beijing Resort: |
| Debt Maturities |
| | | | | Principal Maturities of Debt | | (in millions) | | 2019 | $ | 153 |
| 2020 | $ | 2,280 |
| 2021 | $ | 2,365 |
| 2022 | $ | 2,922 |
| 2023 | $ | 1,012 |
| Thereafter | $ | 4,186 |
|
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