Supplemental Financial Information

Note 16: Supplemental Financial Information

Receivables
December 31 (in millions)		2014		2013
Receivables, gross	$	6,885	$	6,972
Less: Allowance for returns and customer incentives		359		375
Less: Allowance for doubtful accounts		205		221
Receivables, net	$	6,321	$	6,376

In addition to the amounts in the table above, noncurrent receivables of $569 million and $488 million as of December 31, 2014 and 2013, 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)		2014		2013		2012
Interest	$	2,389	$	2,355	$	2,314
Income taxes	$	3,668	$	3,946	$	2,841

Noncash Investing and Financing Activities

During 2014:

• we acquired $797 million of property and equipment and intangible assets that were accrued but unpaid

• we recorded a liability of $572 million for a quarterly cash dividend of $0.225 per common share paid in January 2015

• we used $3.2 billion of equity securities to settle a portion of our obligations under prepaid forward sale agreements

During 2013:

• we acquired GE’s 49% common equity interest in NBCUniversal Holdings that we did not already own 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 5 for additional information on the NBCUniversal 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 7 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

Note 15: Supplemental Financial Information

Receivables
December 31 (in millions)		2014		2013
Receivables, gross	$	5,258	$	5,348
Less: Allowance for returns and customer incentives		356		372
Less: Allowance for doubtful accounts		60		65
Receivables, net	$	4,842	$	4,911

Accumulated Other Comprehensive Income (Loss)
December 31 (in millions)	2014		2013
Deferred gains (losses) on cash flow hedges	$	20	$	(5)
Unrecognized gains (losses) on employee benefit obligations		(61)		45
Cumulative translation adjustments		(118)		(56)
Accumulated other comprehensive income (loss)	$	(159)	$	(16)

Cash Payments for Interest and Income Taxes
Year ended December 31 (in millions)	2014		2013			2012
Interest	$	485	$	462	$	461
Income taxes	$	174	$	205	$	169

Noncash Investing and Financing Activities

During 2014:

we acquired $148 million of property and equipment and intangible assets that were accrued but unpaid

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