| Condensed Consolidating Financial Statements |
| Condensed Consolidating Balance Sheet | | December 31, 2013
(in millions) | | Comcast
Parent | | Comcast
Holdings | | CCCL
Parent | | Combined
CCHMO
Parents | | NBCUniversal Media Parent | | Non-
Guarantor
Subsidiaries | | Elimination
and
Consolidation
Adjustments | | Consolidated
Comcast
Corporation | | Assets | | | | | | | | | | | | | | | | | | | Cash and cash equivalents | $ | - | $ | - | $ | - | $ | - | $ | 336 | $ | 1,382 | $ | - | $ | 1,718 | | | Investments | | - | | - | | - | | - | | - | | 3,573 | | - | | 3,573 | | | Receivables, net | | - | | - | | - | | - | | - | | 6,376 | | - | | 6,376 | | | Programming rights | | - | | - | | - | | - | | - | | 928 | | - | | 928 | | | Other current assets | | 237 | | - | | - | | - | | 35 | | 1,208 | | - | | 1,480 | | Total current assets | | 237 | | - | | - | | - | | 371 | | 13,467 | | - | | 14,075 | | Film and television costs | | - | | - | | - | | - | | - | | 4,994 | | - | | 4,994 | | Investments | | 11 | | - | | - | | - | | 374 | | 3,385 | | - | | 3,770 | | Investments in and amounts due from subsidiaries eliminated upon consolidation | | 79,956 | | 97,429 | | 102,673 | | 54,724 | | 40,644 | | 85,164 | | (460,590) | | - | | Property and equipment, net | | 220 | | - | | - | | - | | - | | 29,620 | | - | | 29,840 | | Franchise rights | | - | | - | | - | | - | | - | | 59,364 | | - | | 59,364 | | Goodwill | | - | | - | | - | | - | | - | | 27,098 | | - | | 27,098 | | Other intangible assets, net | | 11 | | - | | - | | - | | - | | 17,318 | | - | | 17,329 | | Other noncurrent assets, net | | 1,078 | | 145 | | - | | - | | 103 | | 1,899 | | (882) | | 2,343 | | Total assets | $ | 81,513 | $ | 97,574 | $ | 102,673 | $ | 54,724 | $ | 41,492 | $ | 242,309 | $ | (461,472) | $ | 158,813 | | | | | | | | | | | | | | | | | | | | | Liabilities and Equity | | | | | | | | | | | | | | | | | | | Accounts payable and accrued expenses related to trade creditors | $ | 8 | $ | - | $ | - | $ | - | $ | - | $ | 5,520 | $ | - | $ | 5,528 | | | Accrued participations and residuals | | - | | - | | - | | - | | - | | 1,239 | | - | | 1,239 | | | Accrued expenses and other current liabilities | | 1,371 | | 266 | | 180 | | 47 | | 323 | | 6,678 | | - | | 8,865 | | | Current portion of long-term debt | | 2,351 | | - | | - | | - | | 903 | | 26 | | - | | 3,280 | | Total current liabilities | | 3,730 | | 266 | | 180 | | 47 | | 1,226 | | 13,463 | | - | | 18,912 | | Long-term debt, less current portion | | 25,170 | | 132 | | 1,827 | | 1,505 | | 10,236 | | 5,697 | | - | | 44,567 | | Deferred income taxes | | - | | 777 | | - | | - | | 59 | | 31,840 | | (741) | | 31,935 | | Other noncurrent liabilities | | 1,919 | | - | | - | | - | | 931 | | 8,675 | | (141) | | 11,384 | | Redeemable noncontrolling interests | | | | | | | | | | | | | | | | | | | and redeemable subsidiary preferred stock | | - | | - | | - | | - | | - | | 957 | | - | | 957 | | Equity: | | | | | | | | | | | | | | | | | | | Common stock | | 30 | | - | | - | | - | | - | | - | | - | | 30 | | | Other shareholders’ equity | | 50,664 | | 96,399 | | 100,666 | | 53,172 | | 29,040 | | 181,313 | | (460,590) | | 50,664 | | Total Comcast Corporation shareholders’ equity | | 50,694 | | 96,399 | | 100,666 | | 53,172 | | 29,040 | | 181,313 | | (460,590) | | 50,694 | | Noncontrolling interests | | - | | - | | - | | - | | - | | 364 | | - | | 364 | | Total equity | | 50,694 | | 96,399 | | 100,666 | | 53,172 | | 29,040 | | 181,677 | | (460,590) | | 51,058 | | Total liabilities and equity | $ | 81,513 | $ | 97,574 | $ | 102,673 | $ | 54,724 | $ | 41,492 | $ | 242,309 | $ | (461,472) | $ | 158,813 |
| Condensed Consolidating Balance Sheet | | December 31, 2012
(in millions) | | Comcast
Parent | | Comcast
Holdings | | CCCL
Parent | | Combined
CCHMO
Parents | | NBCUniversal Media Parent | | Non-
Guarantor
Subsidiaries | | Elimination
and
Consolidation
Adjustments | | Consolidated
Comcast
Corporation | | Assets | | | | | | | | | | | | | | | | | | | Cash and cash equivalents | $ | - | $ | - | $ | - | $ | - | $ | 5,129 | $ | 5,822 | $ | - | $ | 10,951 | | | Investments | | - | | - | | - | | - | | - | | 1,464 | | - | | 1,464 | | | Receivables, net | | - | | - | | - | | - | | 3 | | 5,518 | | - | | 5,521 | | | Programming rights | | - | | - | | - | | - | | - | | 909 | | - | | 909 | | | Other current assets | | 233 | | - | | 14 | | 4 | | 51 | | 844 | | - | | 1,146 | | Total current assets | | 233 | | - | | 14 | | 4 | | 5,183 | | 14,557 | | - | | 19,991 | | Film and television costs | | - | | - | | - | | - | | - | | 5,054 | | - | | 5,054 | | Investments | | - | | - | | - | | - | | 529 | | 5,796 | | - | | 6,325 | | Investments in and amounts due from
subsidiaries eliminated upon
consolidation | | 74,227 | | 87,630 | | 96,853 | | 50,242 | | 38,464 | | 73,298 | | (420,714) | | - | | Property and equipment, net | | 242 | | - | | - | | - | | - | | 26,990 | | - | | 27,232 | | Franchise rights | | - | | - | | - | | - | | - | | 59,364 | | - | | 59,364 | | Goodwill | | - | | - | | - | | - | | - | | 26,985 | | - | | 26,985 | | Other intangible assets, net | | 12 | | - | | - | | - | | - | | 17,828 | | - | | 17,840 | | Other noncurrent assets, net | | 1,130 | | 147 | | 1 | | - | | 152 | | 1,650 | | (900) | | 2,180 | | Total assets | $ | 75,844 | $ | 87,777 | $ | 96,868 | $ | 50,246 | $ | 44,328 | $ | 231,522 | $ | (421,614) | $ | 164,971 | | | | | | | | | | | | | | | | | | | | | Liabilities and Equity | | | | | | | | | | | | | | | | | | | Accounts payable and accrued expenses related to trade creditors | $ | 8 | $ | - | $ | - | $ | - | $ | - | $ | 6,198 | $ | - | $ | 6,206 | | | Accrued participations and residuals | | - | | - | | - | | - | | - | | 1,350 | | - | | 1,350 | | | Accrued expenses and other current liabilities | | 1,290 | | 275 | | 210 | | 54 | | 263 | | 4,690 | | - | | 6,782 | | | Current portion of long-term debt | | - | | - | | 2,105 | | 241 | | 7 | | 23 | | - | | 2,376 | | Total current liabilities | | 1,298 | | 275 | | 2,315 | | 295 | | 270 | | 12,261 | | - | | 16,714 | | Long-term debt, less current portion | | 23,306 | | 113 | | 1,827 | | 1,512 | | 11,219 | | 105 | | - | | 38,082 | | Deferred income taxes | | - | | 754 | | - | | - | | 78 | | 30,035 | | (757) | | 30,110 | | Other noncurrent liabilities | | 1,884 | | - | | - | | - | | 926 | | 10,604 | | (143) | | 13,271 | | Redeemable noncontrolling interests | | | | | | | | | | | | | | | | | | | and redeemable subsidiary preferred stock | | - | | - | | - | | - | | - | | 16,998 | | - | | 16,998 | | Equity: | | | | | | | | | | | | | | | | | | | Common stock | | 31 | | - | | - | | - | | - | | - | | - | | 31 | | | Other shareholders’ equity | | 49,325 | | 86,635 | | 92,726 | | 48,439 | | 31,835 | | 161,079 | | (420,714) | | 49,325 | | Total Comcast Corporation shareholders’ equity | | 49,356 | | 86,635 | | 92,726 | | 48,439 | | 31,835 | | 161,079 | | (420,714) | | 49,356 | | Noncontrolling interests | | - | | - | | - | | - | | - | | 440 | | - | | 440 | | Total equity | | 49,356 | | 86,635 | | 92,726 | | 48,439 | | 31,835 | | 161,519 | | (420,714) | | 49,796 | | Total liabilities and equity | $ | 75,844 | $ | 87,777 | $ | 96,868 | $ | 50,246 | $ | 44,328 | $ | 231,522 | $ | (421,614) | $ | 164,971 |
| Condensed Consolidating Statement of Income | | For the Year Ended December 31, 2013
(in millions) | | Comcast
Parent | | Comcast
Holdings | | CCCL
Parent | | Combined
CCHMO
Parents | | NBCUniversal Media Parent | | Non-
Guarantor
Subsidiaries | | Elimination
and
Consolidation
Adjustments | | Consolidated
Comcast
Corporation | | Revenue: | | | | | | | | | | | | | | | | | | | Service revenue | $ | - | $ | - | $ | - | $ | - | $ | - | $ | 64,657 | $ | - | $ | 64,657 | | | Management fee revenue | | 897 | | - | | 874 | | 548 | | - | | - | | (2,319) | | - | | | | | 897 | | - | | 874 | | 548 | | - | | 64,657 | | (2,319) | | 64,657 | | Costs and Expenses: | | | | | | | | | | | | | | | | | | | Programming and production | | - | | - | | - | | - | | - | | 19,670 | | - | | 19,670 | | | Other operating and administrative | | 403 | | - | | 874 | | 548 | | 855 | | 18,223 | | (2,319) | | 18,584 | | | Advertising, marketing and promotion | | - | | - | | - | | - | | - | | 4,969 | | - | | 4,969 | | | Depreciation | | 30 | | - | | - | | - | | - | | 6,224 | | - | | 6,254 | | | Amortization | | 5 | | - | | - | | - | | - | | 1,612 | | - | | 1,617 | | | | | 438 | | - | | 874 | | 548 | | 855 | | 50,698 | | (2,319) | | 51,094 | | Operating income (loss) | | 459 | | - | | - | | - | | (855) | | 13,959 | | - | | 13,563 | | Other Income (Expense): | | | | | | | | | | | | | | | | | | | Interest expense | | (1,523) | | (11) | | (212) | | (126) | | (488) | | (214) | | - | | (2,574) | | | Investment income (loss), net | | - | | (13) | | - | | - | | 3 | | 586 | | - | | 576 | | | Equity in net income (losses) of | | | | | | | | | | | | | | | | | | | investees, net | | 7,509 | | 7,540 | | 7,430 | | 5,473 | | 3,331 | | 1,882 | | (33,251) | | (86) | | | Other income (expense), net | | (2) | | - | | 2 | | - | | (1) | | (363) | | - | | (364) | | | | | 5,984 | | 7,516 | | 7,220 | | 5,347 | | 2,845 | | 1,891 | | (33,251) | | (2,448) | | Income (loss) before income taxes | | 6,443 | | 7,516 | | 7,220 | | 5,347 | | 1,990 | | 15,850 | | (33,251) | | 11,115 | | Income tax (expense) benefit | | 373 | | 9 | | 73 | | 44 | | (22) | | (4,457) | | - | | (3,980) | | Net income (loss) | | 6,816 | | 7,525 | | 7,293 | | 5,391 | | 1,968 | | 11,393 | | (33,251) | | 7,135 | | Net (income) loss attributable to | | | | | | | | | | | | | | | | | | | noncontrolling interests and redeemable subsidiary preferred stock | | - | | - | | - | | - | | - | | (319) | | - | | (319) | | Net income (loss) attributable to | | | | | | | | | | | | | | | | | | | Comcast Corporation | $ | 6,816 | $ | 7,525 | $ | 7,293 | $ | 5,391 | $ | 1,968 | $ | 11,074 | $ | (33,251) | $ | 6,816 | | Comprehensive income (loss) | | | | | | | | | | | | | | | | | | | attributable to Comcast Corporation | $ | 6,883 | $ | 7,521 | $ | 7,276 | $ | 5,392 | $ | 2,017 | $ | 10,969 | $ | (33,175) | $ | 6,883 |
| Condensed Consolidating Statement of Income | | For the Year Ended December 31, 2012
(in millions) | | Comcast
Parent | | Comcast
Holdings | | CCCL
Parent | | Combined
CCHMO
Parents | | NBCUniversal Media Parent | | Non-
Guarantor
Subsidiaries | | Elimination
and
Consolidation
Adjustments | | Consolidated
Comcast
Corporation | | Revenue: | | | | | | | | | | | | | | | | | | | Service revenue | $ | - | $ | - | $ | - | $ | - | $ | - | $ | 62,570 | $ | - | $ | 62,570 | | | Management fee revenue | | 848 | | - | | 827 | | 516 | | - | | - | | (2,191) | | - | | | | | 848 | | - | | 827 | | 516 | | - | | 62,570 | | (2,191) | | 62,570 | | Costs and Expenses: | | | | | | | | | | | | | | | | | | | Programming and production | | - | | - | | - | | - | | - | | 19,929 | | - | | 19,929 | | | Other operating and administrative | | 401 | | - | | 827 | | 516 | | 899 | | 17,381 | | (2,191) | | 17,833 | | | Advertising, marketing and promotion | | - | | - | | - | | - | | - | | 4,831 | | - | | 4,831 | | | Depreciation | | 30 | | - | | - | | - | | - | | 6,120 | | - | | 6,150 | | | Amortization | | 4 | | - | | - | | - | | - | | 1,644 | | - | | 1,648 | | | | | 435 | | - | | 827 | | 516 | | 899 | | 49,905 | | (2,191) | | 50,391 | | Operating income (loss) | | 413 | | - | | - | | - | | (899) | | 12,665 | | - | | 12,179 | | Other Income (Expense): | | | | | | | | | | | | | | | | | | | Interest expense | | (1,430) | | (23) | | (329) | | (135) | | (430) | | (174) | | - | | (2,521) | | | Investment income (loss), net | | 8 | | 3 | | - | | - | | 5 | | 203 | | - | | 219 | | | Equity in net income (losses) of | | | | | | | | | | | | | | | | | | | investees, net | | 6,858 | | 6,536 | | 6,665 | | 4,909 | | 4,402 | | 4,014 | | (32,425) | | 959 | | | Other income (expense), net | | 2 | | - | | - | | - | | (14) | | 785 | | - | | 773 | | | | | 5,438 | | 6,516 | | 6,336 | | 4,774 | | 3,963 | | 4,828 | | (32,425) | | (570) | | Income (loss) before income taxes | | 5,851 | | 6,516 | | 6,336 | | 4,774 | | 3,064 | | 17,493 | | (32,425) | | 11,609 | | Income tax (expense) benefit | | 352 | | 7 | | 115 | | 47 | | (9) | | (4,256) | | - | | (3,744) | | Net income (loss) | | 6,203 | | 6,523 | | 6,451 | | 4,821 | | 3,055 | | 13,237 | | (32,425) | | 7,865 | | Net (income) loss attributable to | | | | | | | | | | | | | | | | | | | noncontrolling interests and redeemable subsidiary preferred stock | | - | | - | | - | | - | | - | | (1,662) | | - | | (1,662) | | Net (income) loss attributable | | | | | | | | | | | | | | | | | | | to Comcast Corporation | $ | 6,203 | $ | 6,523 | $ | 6,451 | $ | 4,821 | $ | 3,055 | $ | 11,575 | $ | (32,425) | $ | 6,203 | | Comprehensive income (loss) | | | | | | | | | | | | | | | | | | | attributable to Comcast Corporation | $ | 6,370 | $ | 6,523 | $ | 6,460 | $ | 4,821 | $ | 3,068 | $ | 11,703 | $ | (32,575) | $ | 6,370 |
| Condensed Consolidating Statement of Income | | For the Year Ended December 31, 2011
(in millions) | | Comcast
Parent | | Comcast
Holdings | | CCCL
Parent | | Combined
CCHMO
Parents | | NBCUniversal Media Parent | | Non-
Guarantor
Subsidiaries | | Elimination
and
Consolidation
Adjustments | | Consolidated
Comcast
Corporation | | Revenue: | | | | | | | | | | | | | | | | | | | Service revenue | $ | - | $ | - | $ | - | $ | - | $ | - | $ | 55,842 | $ | - | $ | 55,842 | | | Management fee revenue | | 800 | | - | | 784 | | 488 | | - | | - | | (2,072) | | - | | | | | 800 | | - | | 784 | | 488 | | - | | 55,842 | | (2,072) | | 55,842 | | Costs and Expenses: | | | | | | | | | | | | | | | | | | | Programming and production | | - | | - | | - | | - | | - | | 16,596 | | - | | 16,596 | | | Other operating and administrative | | 420 | | 5 | | 784 | | 488 | | 678 | | 16,343 | | (2,072) | | 16,646 | | | Advertising, marketing and promotion | | - | | - | | - | | - | | - | | 4,243 | | - | | 4,243 | | | Depreciation | | 29 | | - | | - | | - | | - | | 6,011 | | - | | 6,040 | | | Amortization | | 3 | | - | | - | | - | | - | | 1,593 | | - | | 1,596 | | | | | 452 | | 5 | | 784 | | 488 | | 678 | | 44,786 | | (2,072) | | 45,121 | | Operating income (loss) | | 348 | | (5) | | - | | - | | (678) | | 11,056 | | - | | 10,721 | | Other Income (Expense): | | | | | | | | | | | | | | | | | | | Interest expense | | (1,439) | | (32) | | (338) | | (172) | | (370) | | (154) | | - | | (2,505) | | | Investment income (loss), net | | 3 | | 2 | | - | | - | | - | | 154 | | - | | 159 | | | Equity in net income (losses) of | | | | | | | | | | | | | | | | | | | investees, net | | 4,879 | | 5,734 | | 5,598 | | 3,361 | | 2,793 | | 1,648 | | (24,048) | | (35) | | | Other income (expense), net | | (19) | | 1 | | - | | - | | (59) | | (56) | | - | | (133) | | | | | 3,424 | | 5,705 | | 5,260 | | 3,189 | | 2,364 | | 1,592 | | (24,048) | | (2,514) | | Income (loss) before income taxes | | 3,772 | | 5,700 | | 5,260 | | 3,189 | | 1,686 | | 12,648 | | (24,048) | | 8,207 | | Income tax (expense) benefit | | 388 | | 12 | | 118 | | 60 | | (3) | | (3,625) | | - | | (3,050) | | Net income (loss) | | 4,160 | | 5,712 | | 5,378 | | 3,249 | | 1,683 | | 9,023 | | (24,048) | | 5,157 | | Net (income) loss attributable to | | | | | | | | | | | | | | | | | | | noncontrolling interests and redeemable subsidiary preferred stock | | - | | - | | - | | - | | - | | (997) | | - | | (997) | | Net income (loss) attributable to | | | | | | | | | | | | | | | | | | | Comcast Corporation | $ | 4,160 | $ | 5,712 | $ | 5,378 | $ | 3,249 | $ | 1,683 | $ | 8,026 | $ | (24,048) | $ | 4,160 | | Comprehensive income (loss) | | | | | | | | | | | | | | | | | | | attributable to Comcast Corporation | $ | 4,107 | $ | 5,712 | $ | 5,387 | $ | 3,249 | $ | 1,605 | $ | 8,064 | $ | (24,017) | $ | 4,107 |
| Condensed Consolidating Statement of Cash Flows | | For the Year Ended December 31, 2013
(in millions) | | Comcast
Parent | | Comcast
Holdings | | CCCL
Parent | | Combined
CCHMO
Parents | | NBCUniversal Media Parent | | Non-
Guarantor
Subsidiaries | | Elimination
and
Consolidation
Adjustments | | Consolidated
Comcast
Corporation | | | Net cash provided by (used in) operating activities | $ | (600) | $ | (3) | $ | (151) | $ | (94) | $ | (1,102) | $ | 16,110 | $ | - | $ | 14,160 | | Investing Activities: | | | | | | | | | | | | | | | | | | | Net transactions with affiliates | | 66 | | 3 | | 2,248 | | 332 | | (470) | | (2,179) | | - | | - | | | Capital expenditures | | (7) | | - | | - | | - | | - | | (6,589) | | - | | (6,596) | | | Cash paid for intangible assets | | (4) | | - | | - | | - | | - | | (1,005) | | - | | (1,009) | | | Acquisitions of real estate properties | | - | | - | | - | | - | | - | | (1,904) | | - | | (1,904) | | | Acquisitions, net of cash acquired | | - | | - | | - | | - | | - | | (99) | | - | | (99) | | | Proceeds from sales of businesses and investments | | - | | - | | - | | - | | 2 | | 1,081 | | - | | 1,083 | | | Return of capital from investees | | - | | - | | - | | - | | 128 | | 21 | | - | | 149 | | | Purchases of investments | | (11) | | - | | - | | - | | (3) | | (1,209) | | - | | (1,223) | | | Other | | - | | - | | - | | - | | (20) | | 105 | | - | | 85 | | | Net cash provided by (used in) investing activities | | 44 | | 3 | | 2,248 | | 332 | | (363) | | (11,778) | | - | | (9,514) | | Financing Activities: | | | | | | | | | | | | | | | | | | | Proceeds from (repayments of) short-term borrowings, net | | 1,349 | | - | | - | | - | | - | | (4) | | - | | 1,345 | | | Proceeds from borrowings | | 2,933 | | - | | - | | - | | - | | - | | - | | 2,933 | | | Repurchases and repayments of debt | | - | | - | | (2,097) | | (238) | | (88) | | (21) | | - | | (2,444) | | | Repurchases and retirements of common stock | | (2,000) | | - | | - | | - | | - | | - | | - | | (2,000) | | | Dividends paid | | (1,964) | | - | | - | | - | | - | | - | | - | | (1,964) | | | Issuances of common stock | | 40 | | - | | - | | - | | - | | - | | - | | 40 | | | Purchase of NBCUniversal noncontrolling common equity interest | | - | | - | | - | | - | | (3,200) | | (7,561) | | - | | (10,761) | | | Distributions to noncontrolling interests and dividends for redeemable subsidiary preferred stock | | - | | - | | - | | - | | - | | (215) | | - | | (215) | | | Settlement of Station Venture liability | | - | | - | | - | | - | | - | | (602) | | - | | (602) | | | Other | | 198 | | - | | - | | - | | (40) | | (369) | | - | | (211) | | | Net cash provided by (used in) financing activities | | 556 | | - | | (2,097) | | (238) | | (3,328) | | (8,772) | | - | | (13,879) | | Increase (decrease) in cash and cash equivalents | | - | | - | | - | | - | | (4,793) | | (4,440) | | - | | (9,233) | | Cash and cash equivalents, beginning of year | | - | | - | | - | | - | | 5,129 | | 5,822 | | - | | 10,951 | | Cash and cash equivalents, end of year | $ | - | | - | | - | | - | | 336 | | 1,382 | | - | | 1,718 |
| Condensed Consolidating Statement of Cash Flows | | For the Year Ended December 31, 2012
(in millions) | | Comcast
Parent | | Comcast
Holdings | | CCCL
Parent | | Combined
CCHMO
Parents | | NBCUniversal Media Parent | | Non-
Guarantor
Subsidiaries | | Elimination
and
Consolidation
Adjustments | | Consolidated
Comcast
Corporation | | | Net cash provided by (used in) operating activities | $ | (362) | $ | (7) | $ | (177) | $ | (114) | $ | (1,347) | $ | 16,861 | $ | - | $ | 14,854 | | Investing Activities: | | | | | | | | | | | | | | | | | | | Net transactions with affiliates | | 3,845 | | 206 | | 177 | | 667 | | 4,850 | | (9,745) | | - | | - | | | Capital expenditures | | (10) | | - | | - | | - | | - | | (5,704) | | - | | (5,714) | | | Cash paid for intangible assets | | (6) | | - | | - | | - | | - | | (917) | | - | | (923) | | | Acquisitions, net of cash acquired | | - | | - | | - | | - | | - | | (90) | | - | | (90) | | | Proceeds from sales of businesses and investments | | - | | - | | - | | - | | - | | 3,102 | | - | | 3,102 | | | Return of capital from investees | | - | | - | | - | | - | | - | | 2,362 | | - | | 2,362 | | | Purchases of investments | | - | | - | | - | | - | | (19) | | (278) | | - | | (297) | | | Other | | - | | 3 | | - | | - | | (22) | | 93 | | - | | 74 | | | Net cash provided by (used in) investing activities | | 3,829 | | 209 | | 177 | | 667 | | 4,809 | | (11,177) | | - | | (1,486) | | Financing Activities: | | | | | | | | | | | | | | | | | | | Proceeds from (repayments of) short-term borrowings, net | | (1) | | - | | - | | - | | (550) | | 7 | | - | | (544) | | | Proceeds from borrowings | | 2,536 | | - | | - | | - | | 1,995 | | 13 | | - | | 4,544 | | | Repurchases and repayments of debt | | (1,726) | | (202) | | - | | (553) | | (2) | | (398) | | - | | (2,881) | | | Repurchases and retirements of common stock | | (3,000) | | - | | - | | - | | - | | - | | - | | (3,000) | | | Dividends paid | | (1,608) | | - | | - | | - | | - | | - | | - | | (1,608) | | | Issuances of common stock | | 233 | | - | | - | | - | | - | | - | | - | | 233 | | | Distributions to noncontrolling interests and dividends for redeemable subsidiary preferred stock | | - | | - | | - | | - | | - | | (691) | | - | | (691) | | | Other | | 99 | | - | | - | | - | | (14) | | (175) | | - | | (90) | | | Net cash provided by (used in) financing activities | | (3,467) | | (202) | | - | | (553) | | 1,429 | | (1,244) | | - | | (4,037) | | Increase (decrease) in cash and cash equivalents | | - | | - | | - | | - | | 4,891 | | 4,440 | | - | | 9,331 | | Cash and cash equivalents, beginning of year | | - | | - | | - | | - | | 238 | | 1,382 | | - | | 1,620 | | Cash and cash equivalents, end of year | $ | - | $ | - | $ | - | $ | - | $ | 5,129 | $ | 5,822 | $ | - | $ | 10,951 |
| Condensed Consolidating Statement of Cash Flows | | For the Year Ended December 31, 2011
(in millions) | | Comcast
Parent | | Comcast
Holdings | | CCCL
Parent | | Combined
CCHMO
Parents | | NBCUniversal Media Parent | | Non-
Guarantor
Subsidiaries | | Elimination
and
Consolidation
Adjustments | | Consolidated
Comcast
Corporation | | | Net cash provided by (used in) operating activities | $ | (513) | $ | (19) | $ | (209) | $ | (131) | $ | (638) | $ | 15,855 | $ | - | $ | 14,345 | | Investing Activities: | | | | | | | | | | | | | | | | | | | Net transactions with affiliates | | 4,615 | | 19 | | 1,209 | | 131 | | 247 | | (6,221) | | - | | - | | | Capital expenditures | | (7) | | - | | - | | - | | - | | (5,300) | | - | | (5,307) | | | Cash paid for intangible assets | | (2) | | - | | - | | - | | - | | (952) | | - | | (954) | | | Acquisitions, net of cash acquired | | - | | - | | - | | - | | 295 | | (6,702) | | - | | (6,407) | | | Proceeds from sales of businesses and investments | | - | | - | | - | | - | | 3 | | 274 | | - | | 277 | | | Return of capital from investees | | - | | - | | - | | - | | - | | 37 | | - | | 37 | | | Purchases of investments | | - | | - | | - | | - | | (4) | | (131) | | - | | (135) | | | Other | | - | | - | | - | | - | | - | | (19) | | - | | (19) | | | Net cash provided by (used in) investing activities | | 4,606 | | 19 | | 1,209 | | 131 | | 541 | | (19,014) | | - | | (12,508) | | Financing Activities: | | | | | | | | | | | | | | | | | | | Proceeds from (repayments of) short-term borrowings, net | | (4) | | - | | - | | - | | 550 | | (2) | | - | | 544 | | | Repurchases and repayments of debt | | (1,095) | | - | | (1,000) | | - | | - | | (1,121) | | - | | (3,216) | | | Repurchases and retirements of common stock | | (2,141) | | - | | - | | - | | - | | - | | - | | (2,141) | | | Dividends paid | | (1,187) | | - | | - | | - | | - | | - | | - | | (1,187) | | | Issuances of common stock | | 283 | | - | | - | | - | | - | | - | | - | | 283 | | | Distributions to noncontrolling interests and dividends for redeemable subsidiary preferred stock | | - | | - | | - | | - | | - | | (325) | | - | | (325) | | | Other | | 51 | | - | | - | | - | | (215) | | 5 | | - | | (159) | | | Net cash provided by (used in) financing activities | | (4,093) | | - | | (1,000) | | - | | 335 | | (1,443) | | - | | (6,201) | | Increase (decrease) in cash and cash equivalents | | - | | - | | - | | - | | 238 | | (4,602) | | - | | (4,364) | | Cash and cash equivalents, beginning of year | | - | | - | | - | | - | | - | | 5,984 | | - | | 5,984 | | Cash and cash equivalents, end of year | $ | - | $ | - | $ | - | $ | - | $ | 238 | $ | 1,382 | $ | - | $ | 1,620 |
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