Condensed Consolidating Balance Sheet
June 30, 2014

(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	$	-	$	-	$	-	$	-	$	307	$	1,222	$	-	$	1,529
	Investments		-		-		-		-		8		2,317		-		2,325
	Receivables, net		-		-		-		-		-		6,232		-		6,232
	Programming rights		-		-		-		-		-		905		-		905
	Other current assets		227		-		-		-		35		1,519		-		1,781
Total current assets			227		-		-		-		350		12,195		-		12,772
Film and television costs			-		-		-		-		-		5,208		-		5,208
Investments			21		-		-		-		374		2,677		-		3,072
Investments in and amounts due from subsidiaries eliminated upon consolidation			81,329		100,649		107,347		57,057		40,511		91,705		(478,598)		-
Property and equipment, net			209		-		-		-		-		29,761		-		29,970
Franchise rights			-		-		-		-		-		59,364		-		59,364
Goodwill			-		-		-		-		-		27,323		-		27,323
Other intangible assets, net			10		-		-		-		-		17,223		-		17,233
Other noncurrent assets, net			1,179		148		-		-		97		2,065		(972)		2,517
Total assets		$	82,975	$	100,797	$	107,347	$	57,057	$	41,332	$	247,521	$	(479,570)	$	157,459

Liabilities and Equity
	Accounts payable and accrued expenses related to trade creditors	$	11	$	-	$	-	$	-	$	-	$	5,421	$	-	$	5,432
	Accrued participations and residuals		-		-		-		-		-		1,364		-		1,364
	Accrued expenses and other current liabilities		1,501		283		193		47		322		5,286		-		7,632
	Current portion of long-term debt		900		-		-		-		1,011		1,036		-		2,947
Total current liabilities			2,412		283		193		47		1,333		13,107		-		17,375
Long-term debt, less current portion			26,489		132		1,827		1,502		9,220		4,432		-		43,602
Deferred income taxes			-		738		-		-		59		31,885		(828)		31,854
Other noncurrent liabilities			2,103		-		-		-		981		8,301		(144)		11,241
Redeemable noncontrolling interests and redeemable subsidiary preferred stock			-		-		-		-		-		1,055		-		1,055
Equity:
	Common stock		30		-		-		-		-		-		-		30
	Other shareholders’ equity		51,941		99,644		105,327		55,508		29,739		188,380		(478,598)		51,941
Total Comcast Corporation
	shareholders’ equity		51,971		99,644		105,327		55,508		29,739		188,380		(478,598)		51,971
Noncontrolling interests			-		-		-		-		-		361		-		361
Total equity			51,971		99,644		105,327		55,508		29,739		188,741		(478,598)		52,332
Total liabilities and equity		$	82,975	$	100,797	$	107,347	$	57,057	$	41,332	$	247,521	$	(479,570)	$	157,459

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 Statement of Cash Flows
For the Six Months Ended June 30, 2014
(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		$	(147)	$	12	$	(43)	$	(41)	$	(711)	$	8,477	$	-	$	7,547
Investing Activities
	Net transactions with affiliates		2,674		(12)		43		41		1,583		(4,329)		-		-
	Capital expenditures		(4)		-		-		-		-		(3,242)		-		(3,246)
	Cash paid for intangible assets		(2)		-		-		-		-		(475)		-		(477)
	Acquisitions and construction of real estate properties		-		-		-		-		-		(10)		-		(10)
	Acquisitions, net of cash acquired		-		-		-		-		-		(406)		-		(406)
	Proceeds from sales of businesses and investments		-		-		-		-		2		479		-		481
	Return of capital from investees		-		-		-		-		-		6		-		6
	Purchases of investments		(10)		-		-		-		(6)		(61)		-		(77)
	Other		-		-		-		-		4		(163)		-		(159)
Net cash provided by (used in) investing activities			2,658		(12)		43		41		1,583		(8,201)		-		(3,888)
Financing Activities
	Proceeds from (repayments of) short-term borrowings, net		(1,350)		-		-		-		-		1,007		-		(343)
	Proceeds from borrowings		2,184		-		-		-		-		3		-		2,187
	Repurchases and repayments of debt		(1,000)		-		-		-		(901)		(1,262)		-		(3,163)
	Repurchases and retirements of common stock		(1,500)		-		-		-		-		-		-		(1,500)
	Dividends paid		(1,092)		-		-		-		-		-		-		(1,092)
	Issuances of common stock		29		-		-		-		-		-		-		29
	Distributions to noncontrolling interests and dividends for redeemable subsidiary preferred stock		-		-		-		-		-		(117)		-		(117)
	Other		218		-		-		-		-		(67)		-		151
Net cash provided by (used in) financing activities			(2,511)		-		-		-		(901)		(436)		-		(3,848)
Increase (decrease) in cash and cash equivalents			-		-		-		-		(29)		(160)		-		(189)
Cash and cash equivalents, beginning of period			-		-		-		-		336		1,382		-		1,718
Cash and cash equivalents, end of period		$	-	$	-	$	-	$	-	$	307	$	1,222	$	-	$	1,529

Condensed Consolidating Statement of Cash Flows
For the Six Months Ended June 30, 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		$	(181)	$	(8)	$	(120)	$	(47)	$	(582)	$	8,623	$	-	$	7,685
Investing Activities
	Net transactions with affiliates		(1,301)		8		2,217		47		(984)		13		-		-
	Capital expenditures		(2)		-		-		-		-		(2,865)		-		(2,867)
	Cash paid for intangible assets		(1)		-		-		-		-		(443)		-		(444)
	Acquisitions and construction of real estate properties		-		-		-		-		-		(1,311)		-		(1,311)
	Acquisitions, net of cash acquired		-		-		-		-		-		(22)		-		(22)
	Proceeds from sales of businesses and investments		-		-		-		-		-		91		-		91
	Return of capital from investees		-		-		-		-		128		18		-		146
	Purchases of investments		(8)		-		-		-		(2)		(631)		-		(641)
	Other		-		-		-		-		(10)		98		-		88
Net cash provided by (used in) investing activities			(1,312)		8		2,217		47		(868)		(5,052)		-		(4,960)
Financing Activities
	Proceeds from (repayments of) short-term borrowings, net		350		-		-		-		-		(2)		-		348
	Proceeds from borrowings		2,933		-		-		-		-		-		-		2,933
	Repurchases and repayments of debt		-		-		(2,097)		-		(88)		(10)		-		(2,195)
	Repurchases and retirements of common stock		(1,000)		-		-		-		-		-		-		(1,000)
	Dividends paid		(942)		-		-		-		-		-		-		(942)
	Issuances of common stock		24		-		-		-		-		-		-		24
	Purchase of NBCUniversal noncontrolling common equity interest		-		-		-		-		(3,200)		(7,561)		-		(10,761)
	Distributions to noncontrolling interests and dividends for redeemable subsidiary preferred stock		-		-		-		-		-		(116)		-		(116)
	Settlement of Station Venture liability		-		-		-		-		-		(602)		-		(602)
	Other		128		-		-		-		(40)		(64)		-		24
Net cash provided by (used in) financing activities			1,493		-		(2,097)		-		(3,328)		(8,355)		-		(12,287)
Increase (decrease) in cash and cash equivalents			-		-		-		-		(4,778)		(4,784)		-		(9,562)
Cash and cash equivalents, beginning of period			-		-		-		-		5,129		5,822		-		10,951
Cash and cash equivalents, end of period		$	-	$	-	$	-	$	-	$	351	$	1,038	$	-	$	1,389

Condensed Consolidating Statement of Income
For the Three Months Ended June 30, 2014

(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	$	-	$	-	$	-	$	-	$	-	$	16,844	$	-	$	16,844
	Management fee revenue		237		-		231		145		-		-		(613)		-
			237		-		231		145		-		16,844		(613)		16,844
Costs and Expenses:
	Programming and production		-		-		-		-		-		4,874		-		4,874
	Other operating and administrative		181		-		231		145		237		4,743		(613)		4,924
	Advertising, marketing and promotion		-		-		-		-		-		1,242		-		1,242
	Depreciation		8		-		-		-		-		1,591		-		1,599
	Amortization		2		-		-		-		-		399		-		401
			191		-		231		145		237		12,849		(613)		13,040
Operating income (loss)			46		-		-		-		(237)		3,995		-		3,804
Other Income (Expense):
	Interest expense		(400)		(3)		(44)		(30)		(125)		(46)		-		(648)
	Investment income (loss), net		1		-		-		-		4		115		-		120
	Equity in net income
	(losses) of investees, net		2,222		1,908		1,774		1,554		1,171		836		(9,443)		22
	Other income (expense), net		-		-		-		-		7		(46)		-		(39)
			1,823		1,905		1,730		1,524		1,057		859		(9,443)		(545)
Income (loss) before income taxes			1,869		1,905		1,730		1,524		820		4,854		(9,443)		3,259
Income tax (expense) benefit			123		1		15		11		(6)		(1,378)		-		(1,234)
Net income (loss)			1,992		1,906		1,745		1,535		814		3,476		(9,443)		2,025
Net (income) loss attributable
	to noncontrolling interests and redeemable subsidiary preferred stock		-		-		-		-		-		(33)		-		(33)
Net income (loss) attributable
	to Comcast Corporation	$	1,992	$	1,906	$	1,745	$	1,535	$	814	$	3,443	$	(9,443)	$	1,992
Comprehensive income (loss)
	attributable to Comcast Corporation	$	1,945	$	1,912	$	1,744	$	1,535	$	832	$	3,401	$	(9,424)	$	1,945

Condensed Consolidating Statement of Income
For the Three Months Ended June 30, 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	$	-	$	-	$	-	$	-	$	-	$	16,270	$	-	$	16,270
	Management fee revenue		225		-		219		137		-		-		(581)		-
			225		-		219		137		-		16,270		(581)		16,270
Costs and Expenses:
	Programming and production		-		-		-		-		-		4,968		-		4,968
	Other operating and administrative		101		-		219		137		205		4,489		(581)		4,570
	Advertising, marketing and promotion		-		-		-		-		-		1,307		-		1,307
	Depreciation		8		-		-		-		-		1,575		-		1,583
	Amortization		2		-		-		-		-		405		-		407
			111		-		219		137		205		12,744		(581)		12,835
Operating income (loss)			114		-		-		-		(205)		3,526		-		3,435
Other Income (Expense):
	Interest expense		(383)		(2)		(46)		(33)		(123)		(49)		-		(636)
	Investment income (loss), net		1		6		-		-		5		1		-		13
	Equity in net income (losses) of
	investees, net		1,910		1,909		1,835		1,349		951		646		(8,577)		23
	Other income (expense), net		(1)		-		2		-		-		(44)		-		(43)
			1,527		1,913		1,791		1,316		833		554		(8,577)		(643)
Income (loss) before income taxes			1,641		1,913		1,791		1,316		628		4,080		(8,577)		2,792
Income tax (expense) benefit			93		(1)		16		12		(5)		(1,163)		-		(1,048)
Net income (loss)			1,734		1,912		1,807		1,328		623		2,917		(8,577)		1,744
Net (income) loss attributable
	to noncontrolling interests and redeemable subsidiary preferred stock		-		-		-		-		-		(10)		-		(10)
Net income (loss)
	attributable to Comcast Corporation	$	1,734	$	1,912	$	1,807	$	1,328	$	623	$	2,907	$	(8,577)	$	1,734
Comprehensive
	income (loss) attributable to Comcast Corporation	$	1,822	$	1,905	$	1,808	$	1,328	$	599	$	3,007	$	(8,647)	$	1,822

Condensed Consolidating Statement of Income
For the Six Months Ended June 30, 2014

(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	$	-	$	-	$	-	$	-	$	-	$	34,252	$	-	$	34,252
	Management fee revenue		467		-		454		286		-		-		(1,207)		-
			467		-		454		286		-		34,252		(1,207)		34,252
Costs and Expenses:
	Programming and production		-		-		-		-		-		10,782		-		10,782
	Other operating and administrative		274		-		454		286		494		9,375		(1,207)		9,676
	Advertising, marketing and promotion		-		-		-		-		-		2,452		-		2,452
	Depreciation		15		-		-		-		-		3,153		-		3,168
	Amortization		3		-		-		-		-		799		-		802
			292		-		454		286		494		26,561		(1,207)		26,880
Operating income (loss)			175		-		-		-		(494)		7,691		-		7,372
Other Income (Expense):
	Interest expense		(787)		(6)		(89)		(59)		(249)		(100)		-		(1,290)
	Investment income (loss), net		2		3		-		-		5		223		-		233
	Equity in net income
	(losses) of investees, net		4,260		4,175		3,939		3,065		2,242		1,550		(19,177)		54
	Other income (expense), net		-		-		-		-		3		(57)		-		(54)
			3,475		4,172		3,850		3,006		2,001		1,616		(19,177)		(1,057)
Income (loss) before income taxes			3,650		4,172		3,850		3,006		1,507		9,307		(19,177)		6,315
Income tax (expense) benefit			213		1		31		21		(11)		(2,607)		-		(2,352)
Net income (loss)			3,863		4,173		3,881		3,027		1,496		6,700		(19,177)		3,963
Net (income) loss attributable
	to noncontrolling interests and redeemable subsidiary preferred stock		-		-		-		-		-		(100)		-		(100)
Net income (loss) attributable
	to Comcast Corporation	$	3,863	$	4,173	$	3,881	$	3,027	$	1,496	$	6,600	$	(19,177)	$	3,863
Comprehensive income (loss)
	attributable to Comcast Corporation	$	3,793	$	4,181	$	3,882	$	3,028	$	1,517	$	6,535	$	(19,143)	$	3,793

Condensed Consolidating Statement of Income
For the Six Months Ended June 30, 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	$	-	$	-	$	-	$	-	$	-	$	31,580	$	-	$	31,580
	Management fee revenue		443		-		431		270		-		-		(1,144)		-
			443		-		431		270		-		31,580		(1,144)		31,580
Costs and Expenses:
	Programming and production		-		-		-		-		-		9,631		-		9,631
	Other operating and administrative		199		-		431		270		430		8,850		(1,144)		9,036
	Advertising, marketing and promotion		-		-		-		-		-		2,454		-		2,454
	Depreciation		15		-		-		-		-		3,134		-		3,149
	Amortization		3		-		-		-		-		805		-		808
			217		-		431		270		430		24,874		(1,144)		25,078
Operating income (loss)			226		-		-		-		(430)		6,706		-		6,502
Other Income (Expense):
	Interest expense		(759)		(5)		(124)		(66)		(243)		(92)		-		(1,289)
	Investment income (loss), net		2		3		-		-		1		79		-		85
	Equity in net income
	(losses) of investees, net		3,518		3,651		3,598		2,611		1,660		1,012		(16,016)		34
	Other income (expense), net		(2)		-		2		-		-		30		-		30
			2,759		3,649		3,476		2,545		1,418		1,029		(16,016)		(1,140)
Income (loss) before income taxes			2,985		3,649		3,476		2,545		988		7,735		(16,016)		5,362
Income tax (expense) benefit			186		1		43		23		(10)		(2,216)		-		(1,973)
Net income (loss)			3,171		3,650		3,519		2,568		978		5,519		(16,016)		3,389
Net (income) loss attributable
	to noncontrolling interests and redeemable subsidiary preferred stock		-		-		-		-		-		(218)		-		(218)
Net income (loss) attributable
	to Comcast Corporation	$	3,171	$	3,650	$	3,519	$	2,568	$	978	$	5,301	$	(16,016)	$	3,171
Comprehensive income (loss)
	attributable to Comcast Corporation	$	3,259	$	3,643	$	3,522	$	2,568	$	932	$	5,414	$	(16,079)	$	3,259