Share-Based Compensation

9 Months Ended

Sep. 30, 2014

Note 9: Share-Based Compensation

Our share-based compensation primarily consists of awards of stock options and RSUs to certain employees and directors as part of our approach to long-term incentive compensation. Additionally, through our employee stock purchase plans, employees are able to purchase shares of Comcast Class A common stock at a discount through payroll deductions.

In March 2014, we granted 16.4 million stock options and 5.4 million RSUs related to our annual management awards. The weighted-average fair values associated with these grants were $11.09 per stock option and $46.57 per RSU.

Recognized Share-Based Compensation Expense
	Three Months Ended				Nine Months Ended
	September 30				September 30
(in millions)	2014		2013		2014		2013
Stock options	$	38	$	34	$	121	$	102
Restricted share units		55		44		171		130
Employee stock purchase plans		5		4		18		15
Total	$	98	$	82	$	310	$	247

As of September 30, 2014, we had unrecognized pretax compensation expense of $356 million and $489 million related to nonvested stock options and nonvested RSUs, respectively.

NBCUniversal Media, LLC [Member]

Share-Based Compensation

Note 8: Share-Based Compensation

Comcast maintains share-based compensation plans that primarily consist of awards of stock options and restricted share units (“RSUs”) to certain employees and directors as part of its approach to long-term incentive compensation. Additionally, through Comcast’s employee stock purchase plans, employees are able to purchase shares of its Class A common stock at a discount through payroll deductions. Certain of our employees participate in these plans and the expense associated with their participation is settled in cash with Comcast.

Recognized Share-Based Compensation Expense
	Three Months Ended				Nine Months Ended
	September 30				September 30
(in millions)	2014		2013		2014		2013
Stock options	$	4	$	4	$	13	$	11
Restricted share units		15		11		52		30
Employee stock purchase plans		1		1		5		4
Total	$	20	$	16	$	70	$	45

- Definition

The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details.

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