Condensed Consolidating Balance Sheet
September 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	$	-	$	-	$	-	$	-	$	196	$	4,351	$	-	$	4,547
	Investments		-		-		-		-		5		526		-		531
	Receivables, net		-		-		-		-		-		6,172		-		6,172
	Programming rights		-		-		-		-		-		992		-		992
	Other current assets		222		-		-		-		43		1,429		-		1,694
Total current assets			222		-		-		-		244		13,470		-		13,936
Film and television costs			-		-		-		-		-		5,560		-		5,560
Investments			21		-		-		-		373		2,735		-		3,129
Investments in and amounts due from subsidiaries eliminated upon consolidation			84,503		103,462		110,327		59,160		41,038		95,665		(494,155)		-
Property and equipment, net			202		-		-		-		-		30,160		-		30,362
Franchise rights			-		-		-		-		-		59,364		-		59,364
Goodwill			-		-		-		-		-		27,323		-		27,323
Other intangible assets, net			9		-		-		-		-		17,080		-		17,089
Other noncurrent assets, net			1,187		148		-		-		94		2,059		(1,014)		2,474
Total assets		$	86,144	$	103,610	$	110,327	$	59,160	$	41,749	$	253,416	$	(495,169)	$	159,237

Liabilities and Equity
	Accounts payable and accrued expenses related to trade creditors	$	11	$	-	$	-	$	-	$	-	$	5,669	$	-	$	5,680
	Accrued participations and residuals		-		-		-		-		-		1,444		-		1,444
	Accrued expenses and other current liabilities		1,374		283		347		21		415		3,997		-		6,437
	Current portion of long-term debt		900		-		-		679		1,008		936		-		3,523
Total current liabilities			2,285		283		347		700		1,423		12,046		-		17,084
Long-term debt, less current portion			28,401		131		1,827		822		9,219		4,427		-		44,827
Deferred income taxes			-		719		-		-		59		32,319		(870)		32,227
Other noncurrent liabilities			2,160		-		-		-		945		7,427		(144)		10,388
Redeemable noncontrolling interests and redeemable subsidiary preferred stock			-		-		-		-		-		1,058		-		1,058
Equity:
	Common stock		30		-		-		-		-		-		-		30
	Other shareholders’ equity		53,268		102,477		108,153		57,638		30,103		195,784		(494,155)		53,268
Total Comcast Corporation
	shareholders’ equity		53,298		102,477		108,153		57,638		30,103		195,784		(494,155)		53,298
Noncontrolling interests			-		-		-		-		-		355		-		355
Total equity			53,298		102,477		108,153		57,638		30,103		196,139		(494,155)		53,653
Total liabilities and equity		$	86,144	$	103,610	$	110,327	$	59,160	$	41,749	$	253,416	$	(495,169)	$	159,237

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 Nine Months Ended September 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		$	(433)	$	11	$	84	$	(88)	$	(998)	$	13,726	$	-	$	12,302
Investing Activities
	Net transactions with affiliates		2,349		(11)		(84)		88		1,761		(4,103)		-		-
	Capital expenditures		(3)		-		-		-		-		(5,193)		-		(5,196)
	Cash paid for intangible assets		(2)		-		-		-		-		(733)		-		(735)
	Acquisitions and construction of real estate properties		-		-		-		-		-		(28)		-		(28)
	Acquisitions, net of cash acquired		-		-		-		-		-		(477)		-		(477)
	Proceeds from sales of businesses and investments		-		-		-		-		1		621		-		622
	Return of capital from investees		-		-		-		-		-		6		-		6
	Purchases of investments		(10)		-		-		-		(6)		(129)		-		(145)
	Other		-		-		-		-		4		(131)		-		(127)
Net cash provided by (used in) investing activities			2,334		(11)		(84)		88		1,760		(10,167)		-		(6,080)
Financing Activities
	Proceeds from (repayments of) short-term borrowings, net		(1,350)		-		-		-		-		913		-		(437)
	Proceeds from borrowings		4,180		-		-		-		-		2		-		4,182
	Repurchases and repayments of debt		(1,000)		-		-		-		(902)		(1,270)		-		(3,172)
	Repurchases and retirements of common stock		(2,250)		-		-		-		-		-		-		(2,250)
	Dividends paid		(1,676)		-		-		-		-		-		-		(1,676)
	Issuances of common stock		33		-		-		-		-		-		-		33
	Distributions to noncontrolling interests and dividends for redeemable subsidiary preferred stock		-		-		-		-		-		(170)		-		(170)
	Other		162		-		-		-		-		(65)		-		97
Net cash provided by (used in) financing activities			(1,901)		-		-		-		(902)		(590)		-		(3,393)
Increase (decrease) in cash and cash equivalents			-		-		-		-		(140)		2,969		-		2,829
Cash and cash equivalents, beginning of period			-		-		-		-		336		1,382		-		1,718
Cash and cash equivalents, end of period		$	-	$	-	$	-	$	-	$	196	$	4,351	$	-	$	4,547

Condensed Consolidating Statement of Cash Flows
For the Nine Months Ended September 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		$	(451)	$	(7)	$	(3)	$	(99)	$	(767)	$	13,006	$	-	$	11,679
Investing Activities
	Net transactions with affiliates		(116)		7		2,100		337		(900)		(1,428)		-		-
	Capital expenditures		(3)		-		-		-		-		(4,590)		-		(4,593)
	Cash paid for intangible assets		(1)		-		-		-		-		(693)		-		(694)
	Acquisitions and construction of real estate properties		-		-		-		-		-		(1,705)		-		(1,705)
	Acquisitions, net of cash acquired		-		-		-		-		-		(42)		-		(42)
	Proceeds from sales of businesses and investments		-		-		-		-		-		655		-		655
	Return of capital from investees		-		-		-		-		128		18		-		146
	Purchases of investments		(8)		-		-		-		(2)		(1,167)		-		(1,177)
	Other		-		-		-		-		(20)		103		-		83
Net cash provided by (used in) investing activities			(128)		7		2,100		337		(794)		(8,849)		-		(7,327)
Financing Activities
	Proceeds from (repayments of) short-term borrowings, net		400		-		-		-		-		(5)		-		395
	Proceeds from borrowings		2,933		-		-		-		-		-		-		2,933
	Repurchases and repayments of debt		-		-		(2,097)		(238)		(88)		(19)		-		(2,442)
	Repurchases and retirements of common stock		(1,500)		-		-		-		-		-		-		(1,500)
	Dividends paid		(1,454)		-		-		-		-		-		-		(1,454)
	Issuances of common stock		35		-		-		-		-		-		-		35
	Purchase of NBCUniversal noncontrolling common equity interest		-		-		-		-		(3,200)		(7,561)		-		(10,761)
	Distributions to noncontrolling interests and dividends for redeemable subsidiary preferred stock		-		-		-		-		-		(164)		-		(164)
	Settlement of Station Venture liability		-		-		-		-		-		(602)		-		(602)
	Other		165		-		-		-		(40)		(265)		-		(140)
Net cash provided by (used in) financing activities			579		-		(2,097)		(238)		(3,328)		(8,616)		-		(13,700)
Increase (decrease) in cash and cash equivalents			-		-		-		-		(4,889)		(4,459)		-		(9,348)
Cash and cash equivalents, beginning of period			-		-		-		-		5,129		5,822		-		10,951
Cash and cash equivalents, end of period		$	-	$	-	$	-	$	-	$	240	$	1,363	$	-	$	1,603

Condensed Consolidating Statement of Income
For the Three Months Ended September 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	$	-	$	-	$	-	$	-	$	-	$	16,791	$	-	$	16,791
	Management fee revenue		237		-		237		146		-		-		(620)		-
			237		-		237		146		-		16,791		(620)		16,791
Costs and Expenses:
	Programming and production		-		-		-		-		-		4,772		-		4,772
	Other operating and administrative		197		-		237		146		203		4,856		(620)		5,019
	Advertising, marketing and promotion		-		-		-		-		-		1,296		-		1,296
	Depreciation		10		-		-		-		-		1,529		-		1,539
	Amortization		1		-		-		-		-		419		-		420
			208		-		237		146		203		12,872		(620)		13,046
Operating income (loss)			29		-		-		-		(203)		3,919		-		3,745
Other Income (Expense):
	Interest expense		(412)		(2)		(43)		(29)		(111)		(66)		-		(663)
	Investment income (loss), net		1		2		-		-		(14)		32		-		21
	Equity in net income
	(losses) of investees, net		2,840		2,556		2,362		1,801		1,144		835		(11,505)		33
	Other income (expense), net		-		-		-		-		(3)		(93)		-		(96)
			2,429		2,556		2,319		1,772		1,016		708		(11,505)		(705)
Income (loss) before income taxes			2,458		2,556		2,319		1,772		813		4,627		(11,505)		3,040
Income tax (expense) benefit			134		-		15		10		(11)		(555)		-		(407)
Net income (loss)			2,592		2,556		2,334		1,782		802		4,072		(11,505)		2,633
Net (income) loss attributable
	to noncontrolling interests and redeemable subsidiary preferred stock		-		-		-		-		-		(41)		-		(41)
Net income (loss) attributable
	to Comcast Corporation	$	2,592	$	2,556	$	2,334	$	1,782	$	802	$	4,031	$	(11,505)	$	2,592
Comprehensive income (loss)
	attributable to Comcast Corporation	$	2,609	$	2,551	$	2,335	$	1,781	$	785	$	4,031	$	(11,483)	$	2,609

Condensed Consolidating Statement of Income
For the Three Months Ended September 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	$	-	$	-	$	-	$	-	$	-	$	16,151	$	-	$	16,151
	Management fee revenue		225		-		219		137		-		-		(581)		-
			225		-		219		137		-		16,151		(581)		16,151
Costs and Expenses:
	Programming and production		-		-		-		-		-		4,787		-		4,787
	Other operating and administrative		92		-		219		137		211		4,673		(581)		4,751
	Advertising, marketing and promotion		-		-		-		-		-		1,283		-		1,283
	Depreciation		7		-		-		-		-		1,513		-		1,520
	Amortization		1		-		-		-		-		395		-		396
			100		-		219		137		211		12,651		(581)		12,737
Operating income (loss)			125		-		-		-		(211)		3,500		-		3,414
Other Income (Expense):
	Interest expense		(382)		(3)		(45)		(30)		(123)		(56)		-		(639)
	Investment income (loss), net		1		(5)		-		-		(3)		471		-		464
	Equity in net income (losses) of
	investees, net		1,898		1,787		1,850		1,371		576		106		(7,718)		(130)
	Other income (expense), net		-		-		-		-		-		(310)		-		(310)
			1,517		1,779		1,805		1,341		450		211		(7,718)		(615)
Income (loss) before income taxes			1,642		1,779		1,805		1,341		239		3,711		(7,718)		2,799
Income tax (expense) benefit			90		3		15		11		(3)		(1,137)		-		(1,021)
Net income (loss)			1,732		1,782		1,820		1,352		236		2,574		(7,718)		1,778
Net (income) loss attributable
	to noncontrolling interests and redeemable subsidiary preferred stock		-		-		-		-		-		(46)		-		(46)
Net income (loss)
	attributable to Comcast Corporation	$	1,732	$	1,782	$	1,820	$	1,352	$	236	$	2,528	$	(7,718)	$	1,732
Comprehensive
	income (loss) attributable to Comcast Corporation	$	1,545	$	1,828	$	1,864	$	1,415	$	244	$	2,327	$	(7,678)	$	1,545

Condensed Consolidating Statement of Income
For the Nine Months Ended September 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	$	-	$	-	$	-	$	-	$	-	$	51,043	$	-	$	51,043
	Management fee revenue		704		-		691		432		-		-		(1,827)		-
			704		-		691		432		-		51,043		(1,827)		51,043
Costs and Expenses:
	Programming and production		-		-		-		-		-		15,554		-		15,554
	Other operating and administrative		471		-		691		432		697		14,231		(1,827)		14,695
	Advertising, marketing and promotion		-		-		-		-		-		3,748		-		3,748
	Depreciation		25		-		-		-		-		4,682		-		4,707
	Amortization		4		-		-		-		-		1,218		-		1,222
			500		-		691		432		697		39,433		(1,827)		39,926
Operating income (loss)			204		-		-		-		(697)		11,610		-		11,117
Other Income (Expense):
	Interest expense		(1,199)		(8)		(132)		(88)		(360)		(166)		-		(1,953)
	Investment income (loss), net		3		5		-		-		(9)		255		-		254
	Equity in net income
	(losses) of investees, net		7,100		6,731		6,301		4,866		3,386		2,385		(30,682)		87
	Other income (expense), net		-		-		-		-		-		(150)		-		(150)
			5,904		6,728		6,169		4,778		3,017		2,324		(30,682)		(1,762)
Income (loss) before income taxes			6,108		6,728		6,169		4,778		2,320		13,934		(30,682)		9,355
Income tax (expense) benefit			347		1		46		31		(22)		(3,162)		-		(2,759)
Net income (loss)			6,455		6,729		6,215		4,809		2,298		10,772		(30,682)		6,596
Net (income) loss attributable
	to noncontrolling interests and redeemable subsidiary preferred stock		-		-		-		-		-		(141)		-		(141)
Net income (loss) attributable
	to Comcast Corporation	$	6,455	$	6,729	$	6,215	$	4,809	$	2,298	$	10,631	$	(30,682)	$	6,455
Comprehensive income (loss)
	attributable to Comcast Corporation	$	6,402	$	6,732	$	6,217	$	4,809	$	2,302	$	10,566	$	(30,626)	$	6,402

Condensed Consolidating Statement of Income
For the Nine Months Ended September 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	$	-	$	-	$	-	$	-	$	-	$	47,731	$	-	$	47,731
	Management fee revenue		668		-		650		407		-		-		(1,725)		-
			668		-		650		407		-		47,731		(1,725)		47,731
Costs and Expenses:
	Programming and production		-		-		-		-		-		14,418		-		14,418
	Other operating and administrative		291		-		650		407		641		13,523		(1,725)		13,787
	Advertising, marketing and promotion		-		-		-		-		-		3,737		-		3,737
	Depreciation		22		-		-		-		-		4,647		-		4,669
	Amortization		4		-		-		-		-		1,200		-		1,204
			317		-		650		407		641		37,525		(1,725)		37,815
Operating income (loss)			351		-		-		-		(641)		10,206		-		9,916
Other Income (Expense):
	Interest expense		(1,141)		(8)		(169)		(96)		(366)		(148)		-		(1,928)
	Investment income (loss), net		3		(2)		-		-		(2)		550		-		549
	Equity in net income
	(losses) of investees, net		5,416		5,438		5,448		3,982		2,236		1,118		(23,734)		(96)
	Other income (expense), net		(2)		-		2		-		-		(280)		-		(280)
			4,276		5,428		5,281		3,886		1,868		1,240		(23,734)		(1,755)
Income (loss) before income taxes			4,627		5,428		5,281		3,886		1,227		11,446		(23,734)		8,161
Income tax (expense) benefit			276		4		58		34		(13)		(3,353)		-		(2,994)
Net income (loss)			4,903		5,432		5,339		3,920		1,214		8,093		(23,734)		5,167
Net (income) loss attributable
	to noncontrolling interests and redeemable subsidiary preferred stock		-		-		-		-		-		(264)		-		(264)
Net income (loss) attributable
	to Comcast Corporation	$	4,903	$	5,432	$	5,339	$	3,920	$	1,214	$	7,829	$	(23,734)	$	4,903
Comprehensive income (loss)
	attributable to Comcast Corporation	$	4,804	$	5,471	$	5,386	$	3,983	$	1,176	$	7,741	$	(23,757)	$	4,804