Revenue (Tables)
|
12 Months Ended |
Dec. 31, 2019 |
|---|
| Revenue [Line Items] |
|
| Disaggregation of revenue |
| | | | | | | | | | | | | Year ended December 31 (in millions) | 2019 |
| | 2018 |
| | 2017 |
| Residential: | | | | | | High-speed internet | $ | 18,752 |
| | $ | 17,144 |
| | $ | 15,681 |
| Video | 22,270 |
| | 22,455 |
| | 22,874 |
| Voice | 3,879 |
| | 3,960 |
| | 4,090 |
| Wireless | 1,167 |
| | 890 |
| | 329 |
| Business services | 7,795 |
| | 7,129 |
| | 6,437 |
| Advertising | 2,465 |
| | 2,795 |
| | 2,450 |
| Other | 1,754 |
| | 1,660 |
| | 1,538 |
| Total Cable Communications(a)(b) | 58,082 |
| | 56,033 |
| | 53,399 |
| | | | | | | Distribution | 6,790 |
| | 6,826 |
| | 6,081 |
| Advertising | 3,478 |
| | 3,587 |
| | 3,359 |
| Content licensing and other | 1,245 |
| | 1,360 |
| | 1,057 |
| Total Cable Networks | 11,513 |
| | 11,773 |
| | 10,497 |
| | | | | | | Advertising | 5,712 |
| | 7,010 |
| | 5,654 |
| Content licensing | 2,157 |
| | 2,182 |
| | 2,114 |
| Distribution and other | 2,392 |
| | 2,247 |
| | 1,795 |
| Total Broadcast Television | 10,261 |
| | 11,439 |
| | 9,563 |
| | | | | | | Theatrical | 1,469 |
| | 2,111 |
| | 2,192 |
| Content licensing | 3,045 |
| | 2,899 |
| | 2,956 |
| Home entertainment | 957 |
| | 1,048 |
| | 1,287 |
| Other | 1,022 |
| | 1,094 |
| | 1,160 |
| Total Filmed Entertainment | 6,493 |
| | 7,152 |
| | 7,595 |
| | | | | | | Total Theme Parks | 5,933 |
| | 5,683 |
| | 5,443 |
| Headquarters and Other | 83 |
| | 63 |
| | 45 |
| Eliminations(c) | (316 | ) | | (349 | ) | | (307 | ) | Total NBCUniversal | 33,967 |
| | 35,761 |
| | 32,836 |
| | | | | | | Direct-to-consumer | 15,538 |
| | 3,632 |
| | — |
| Content | 1,432 |
| | 304 |
| | — |
| Advertising | 2,249 |
| | 651 |
| | — |
| Total Sky | 19,219 |
| | 4,587 |
| | — |
| | | | | | | Corporate and Other(b) | 333 |
| | 513 |
| | 864 |
| Eliminations(c) | (2,659 | ) | | (2,387 | ) | | (2,070 | ) | Total revenue | $ | 108,942 |
| | $ | 94,507 |
| | $ | 85,029 |
|
| | (a) | For 2019, 2018 and 2017, 2.6%, 2.6% and 2.8%, respectively, of Cable Communications segment revenue was derived from franchise and other regulatory fees. |
| | (b) | Comcast Cable’s wireless phone service is now presented in the Cable Communications segment. Results were previously presented in Corporate and Other. |
| | (c) | Included in Eliminations are transactions that our segments enter into with one another. See Note 2 for a description of these transactions. |
We operate primarily in the United States but also in select international markets. The table below summarizes revenue by geographic location. | | | | | | | | | | | | | Year ended December 31 (in millions) | 2019 |
| | 2018 |
| | 2017 |
| United States | $ | 82,952 |
| | $ | 82,233 |
| | $ | 77,246 |
| Europe | 21,553 |
| | 7,721 |
| | 3,190 |
| Other | 4,437 |
| | 4,553 |
| | 4,593 |
| Total revenue | $ | 108,942 |
| | $ | 94,507 |
| | $ | 85,029 |
|
|
| Schedule of receivables, net |
The following tables summarize our accounts receivable and other balances that are not separately presented in our consolidated balance sheet that relate to the recognition of revenue and collection of the related cash, as well as deferred costs associated with our contracts with customers. | | | | | | | | | December 31 (in millions) | 2019 |
| | 2018 |
| Receivables, gross | $ | 11,711 |
| | $ | 11,456 |
| Less: Allowance for doubtful accounts | 419 |
| | 352 |
| Receivables, net | $ | 11,292 |
| | $ | 11,104 |
|
|
| Other balance sheet accounts |
| | | | | | | | | December 31 (in millions) | 2019 |
| | 2018 |
| Noncurrent receivables (included in other noncurrent assets, net) | $ | 1,337 |
| | $ | 1,399 |
| Contract acquisition and fulfillment costs (included in other noncurrent assets, net) | $ | 1,083 |
| | $ | 991 |
| Noncurrent deferred revenue (included in other noncurrent liabilities) | $ | 618 |
| | $ | 650 |
|
|
| NBCUniversal Media LLC [Member] |
|
| Revenue [Line Items] |
|
| Disaggregation of revenue |
| | | | | | | | | | | | | Year ended December 31 (in millions) | 2019 |
| | 2018 |
| | 2017 |
| Distribution | $ | 6,790 |
| | $ | 6,826 |
| | $ | 6,081 |
| Advertising | 3,478 |
| | 3,587 |
| | 3,359 |
| Content licensing and other | 1,245 |
| | 1,360 |
| | 1,057 |
| Total Cable Networks | 11,513 |
| | 11,773 |
| | 10,497 |
| | | | | | | Advertising | 5,712 |
| | 7,010 |
| | 5,654 |
| Content licensing | 2,157 |
| | 2,182 |
| | 2,114 |
| Distribution and other | 2,392 |
| | 2,247 |
| | 1,795 |
| Total Broadcast Television | 10,261 |
| | 11,439 |
| | 9,563 |
| | | | | | | Theatrical | 1,469 |
| | 2,111 |
| | 2,192 |
| Content licensing | 3,045 |
| | 2,899 |
| | 2,956 |
| Home entertainment | 957 |
| | 1,048 |
| | 1,287 |
| Other | 1,022 |
| | 1,094 |
| | 1,160 |
| Total Filmed Entertainment | 6,493 |
| | 7,152 |
| | 7,595 |
| | | | | | | Total Theme Parks | 5,933 |
| | 5,683 |
| | 5,443 |
| Headquarters and Other | 142 |
| | 212 |
| | 179 |
| Eliminations(a) | (321 | ) | | (364 | ) | | (327 | ) | Total NBCUniversal | $ | 34,021 |
| | $ | 35,895 |
| | $ | 32,950 |
|
| | (a) | Included in Eliminations are transactions that our segments enter into with one another. See Note 2 for a description of these transactions. |
We operate primarily in the United States, but also in select international markets primarily in Europe and Asia. The table below summarizes revenue by geographic location. | | | | | | | | | | | | | Year ended December 31 (in millions) | 2019 |
| | 2018 |
| | 2017 |
| United States | $ | 27,002 |
| | $ | 28,309 |
| | $ | 25,303 |
| Foreign | 7,019 |
| | 7,586 |
| | 7,647 |
| Total revenue | $ | 34,021 |
| | $ | 35,895 |
| | $ | 32,950 |
|
|
| Schedule of receivables, net |
The following tables summarize our accounts receivable and other balances that are not separately presented in our consolidated balance sheet that relate to the recognition of revenue and collection of the related cash. | | | | | | | | | December 31 (in millions) | 2019 |
| | 2018 |
| Receivables, gross | $ | 7,336 |
| | $ | 7,392 |
| Less: Allowance for doubtful accounts | 100 |
| | 99 |
| Receivables, net | $ | 7,236 |
| | $ | 7,293 |
|
|
| Other balance sheet accounts |
| | | | | | | | | December 31 (in millions) | 2019 |
| | 2018 |
| Noncurrent receivables (included in other noncurrent assets, net) | $ | 1,146 |
| | $ | 1,180 |
| Noncurrent deferred revenue (included in other noncurrent liabilities) | $ | 394 |
| | $ | 481 |
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