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Supplemental Financial Information
 12 Months Ended
Dec. 31, 2013
Supplemental Financial Information

Note 16: Supplemental Financial Information

Receivables
December 31 (in millions) 2013 2012
Receivables, gross$ 6,972$ 6,026
Less: Allowance for returns and customer incentives  375  307
Less: Allowance for doubtful accounts  221  198
Receivables, net$ 6,376$ 5,521

In addition to the amounts in the table above, noncurrent receivables of $488 million and $641 million, as of December 31, 2013 and 2012, respectively, are included in other noncurrent assets, net that primarily relate to the licensing of our television and film productions to third parties.

Cash Payments for Interest and Income Taxes
Year ended December 31 (in millions) 2013 2012 2011
Interest$ 2,355$ 2,314$ 2,441
Income taxes$ 3,946$ 2,841$ 1,626

Noncash Investing and Financing Activities

During 2013:

• we acquired GE's remaining 49% common equity interest in NBCUniversal Holdings for total consideration of $16.7 billion, which included noncash consideration of $6 billion that was comprised of $4 billion aggregate principal amount of senior notes issued by NBCUniversal Enterprise, $1.25 billion of borrowings under NBCUniversal Enterprise's credit facility and $725 million aggregate liquidation preference of NBCUniversal Enterprise Series A cumulative preferred stock (see Note 4 for additional information on the Redemption Transaction)

• we acquired $872 million of property and equipment and intangible assets that were accrued but unpaid

• we recorded a liability of $509 million for a quarterly cash dividend of $0.195 per common share paid in January 2014

• we used $1.4 billion of equity securities to settle a portion of our obligations under prepaid forward sale agreements

• we closed a transaction with Liberty Media that included, among other things, the delivery of Liberty Media shares owned by us in exchange for Liberty Media's interests in one of NBCUniversal's contractual obligations (see Note 6 for additional information)

During 2012:

• we acquired $757 million of property and equipment and intangible assets that were accrued but unpaid

 

• we recorded a liability of $430 million for a quarterly cash dividend of $0.1625 per common share paid in January 2013

• NBCUniversal entered into a capital lease transaction that resulted in an increase in property and equipment and debt of $85 million

During 2011:

• we acquired 51% of NBCUniversal Holdings on January 28, 2011 for cash and a 49% interest in the Comcast Content Business (see Note 4 for additional information on the NBCUniversal transaction)

• the fair value of NBCUniversal's previously held equity interest in Universal Orlando was accounted for as noncash consideration in the application of acquisition accounting for the Universal Orlando transaction (see Note 4 for additional information on the Universal Orlando transaction)

• we acquired $1 billion of property and equipment and intangible assets that were accrued but unpaid

• we recorded a liability of $305 million for a quarterly cash dividend of $0.1125 per common share paid in January 2012
NBCUniversal Media, LLC [Member]
  
Supplemental Financial Information

Note 15: Supplemental Financial Information

Receivables
 Successor
December 31 (in millions) 2013 2012
Receivables, gross$ 5,348$ 4,381
Less: Allowance for returns and customer incentives  372  307
Less: Allowance for doubtful accounts  65  46
Receivables, net$ 4,911$ 4,028

In addition to the amounts in the table above, noncurrent receivables of $488 million and $641 million, as of December 31, 2013 and 2012, respectively, are included in other noncurrent assets, net that primarily relate to the licensing of our television and film productions to third parties.

Cash Payments for Interest and Income Taxes
 Successor  Predecessor
 Year Ended December 31,Year Ended December 31, For the Period January 29, 2011 to December 31,   For the Period January 1, 2011 to January 28,
(in millions)20132012 2011   2011
Interest$ 462$ 461$ 444  $ 1
Income taxes$ 205$ 169$ 161  $ 493

Other Cash Flow Information
As of January 28, 2011 (in millions)
Cash and cash equivalents at end of Predecessor period$ 470
Comcast Content Business contributed cash balances  38
Cash and cash equivalents at beginning of Successor period$ 508

Noncash Investing and Financing Activities

During 2013:

  • we acquired $306 million of property and equipment and intangible assets that were accrued but unpaid

During 2012:

  • we entered into a capital lease transaction that resulted in an increase in property and equipment and debt of $85 million

For the period January 28, 2011 through December 31, 2011:

  • Comcast contributed the Comcast Content Business to NBCUniversal as part of the Joint Venture transaction (see Note 3 for additional information on the Joint Venture transaction)
  • the fair value of our previously held equity interest in Universal Orlando was accounted for as noncash consideration in the application of acquisition accounting for the Universal Orlando transaction (see Note 3 for additional information on the Universal Orlando transaction)
  • we acquired $339 million of intellectual property rights that were accrued and unpaid