Condensed Consolidating Balance Sheet
March 31, 2015

(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	$	-	$	-	$	-	$	-	$	339	$	3,598	$	-	$	3,937
	Investments		-		-		-		-		-		158		-		158
	Receivables, net		-		-		-		-		-		6,144		-		6,144
	Programming rights		-		-		-		-		-		945		-		945
	Other current assets		279		-		-		-		64		1,394		-		1,737
Total current assets			279		-		-		-		403		12,239		-		12,921
Film and television costs			-		-		-		-		-		5,637		-		5,637
Investments			31		-		-		-		372		2,832		-		3,235
Investments in and amounts due from subsidiaries eliminated upon consolidation			82,713		105,551		112,432		60,289		41,900		101,682		(504,567)		-
Property and equipment, net			200		-		-		-		-		30,927		-		31,127
Franchise rights			-		-		-		-		-		59,364		-		59,364
Goodwill			-		-		-		-		-		27,302		-		27,302
Other intangible assets, net			10		-		-		-		-		16,842		-		16,852
Other noncurrent assets, net			1,201		148		-		-		97		1,970		(1,097)		2,319
Total assets		$	84,434	$	105,699	$	112,432	$	60,289	$	42,772	$	258,795	$	(505,664)	$	158,757

Liabilities and Equity
	Accounts payable and accrued expenses related to trade creditors	$	7	$	-	$	-	$	-	$	-	$	6,150	$	-	$	6,157
	Accrued participations and residuals		-		-		-		-		-		1,387		-		1,387
	Accrued expenses and other current liabilities		1,534		283		343		21		407		4,190		-		6,778
	Current portion of long-term debt		1,761		-		-		676		1,003		740		-		4,180
Total current liabilities			3,302		283		343		697		1,410		12,467		-		18,502
Long-term debt, less current portion			26,566		126		1,828		822		9,217		4,394		-		42,953
Deferred income taxes			-		682		-		-		67		33,059		(953)		32,855
Other noncurrent liabilities			2,395		-		-		-		1,103		7,483		(144)		10,837
Redeemable noncontrolling interests and redeemable subsidiary preferred stock			-		-		-		-		-		1,099		-		1,099
Equity:
	Common stock		30		-		-		-		-		-		-		30
	Other shareholders’ equity		52,141		104,608		110,261		58,770		30,975		199,953		(504,567)		52,141
Total Comcast Corporation
	shareholders’ equity		52,171		104,608		110,261		58,770		30,975		199,953		(504,567)		52,171
Noncontrolling interests			-		-		-		-		-		340		-		340
Total equity			52,171		104,608		110,261		58,770		30,975		200,293		(504,567)		52,511
Total liabilities and equity		$	84,434	$	105,699	$	112,432	$	60,289	$	42,772	$	258,795	$	(505,664)	$	158,757

Condensed Consolidating Balance Sheet
December 31, 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	$	-	$	-	$	-	$	-	$	385	$	3,525	$	-	$	3,910
	Investments		-		-		-		-		-		602		-		602
	Receivables, net		-		-		-		-		-		6,321		-		6,321
	Programming rights		-		-		-		-		-		839		-		839
	Other current assets		267		-		-		-		41		1,551		-		1,859
Total current assets			267		-		-		-		426		12,838		-		13,531
Film and television costs			-		-		-		-		-		5,727		-		5,727
Investments			36		-		-		-		378		2,721		-		3,135
Investments in and amounts due from subsidiaries eliminated upon consolidation			84,142		103,420		110,323		58,677		41,239		98,152		(495,953)		-
Property and equipment, net			199		-		-		-		-		30,754		-		30,953
Franchise rights			-		-		-		-		-		59,364		-		59,364
Goodwill			-		-		-		-		-		27,316		-		27,316
Other intangible assets, net			11		-		-		-		-		16,969		-		16,980
Other noncurrent assets, net			1,224		148		-		-		92		1,949		(1,080)		2,333
Total assets		$	85,879	$	103,568	$	110,323	$	58,677	$	42,135	$	255,790	$	(497,033)	$	159,339

Liabilities and Equity
	Accounts payable and accrued expenses related to trade creditors	$	19	$	-	$	-	$	1	$	-	$	5,618	$	-	$	5,638
	Accrued participations and residuals		-		-		-		-		-		1,347		-		1,347
	Accrued expenses and other current liabilities		1,547		283		233		47		331		3,767		-		6,208
	Current portion of long-term debt		1,650		-		-		677		1,006		884		-		4,217
Total current liabilities			3,216		283		233		725		1,337		11,616		-		17,410
Long-term debt, less current portion			27,616		126		1,827		822		9,218		4,408		-		44,017
Deferred income taxes			-		701		-		-		67		33,127		(936)		32,959
Other noncurrent liabilities			2,336		-		-		-		1,143		7,484		(144)		10,819
Redeemable noncontrolling interests and redeemable subsidiary preferred stock			-		-		-		-		-		1,066		-		1,066
Equity:
	Common stock		30		-		-		-		-		-		-		30
	Other shareholders’ equity		52,681		102,458		108,263		57,130		30,370		197,732		(495,953)		52,681
Total Comcast Corporation shareholders’ equity			52,711		102,458		108,263		57,130		30,370		197,732		(495,953)		52,711
Noncontrolling interests			-		-		-		-		-		357		-		357
Total equity			52,711		102,458		108,263		57,130		30,370		198,089		(495,953)		53,068
Total liabilities and equity		$	85,879	$	103,568	$	110,323	$	58,677	$	42,135	$	255,790	$	(497,033)	$	159,339

Condensed Consolidating Statement of Income
For the Three Months Ended March 31, 2015

(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	$	-	$	-	$	-	$	-	$	-	$	17,853	$	-	$	17,853
	Management fee revenue		244		-		237		150		-		-		(631)		-
			244		-		237		150		-		17,853		(631)		17,853
Costs and Expenses:
	Programming and production		-		-		-		-		-		5,463		-		5,463
	Other operating and administrative		226		-		237		150		237		4,860		(631)		5,079
	Advertising, marketing and promotion		-		-		-		-		-		1,355		-		1,355
	Depreciation		8		-		-		-		-		1,626		-		1,634
	Amortization		1		-		-		-		-		431		-		432
			235		-		237		150		237		13,735		(631)		13,963
Operating income (loss)			9		-		-		-		(237)		4,118		-		3,890
Other Income (Expense):
	Interest expense		(410)		(3)		(44)		(29)		(120)		(50)		-		(656)
	Investment income (loss), net		1		2		-		-		(6)		36		-		33
	Equity in net income
	(losses) of investees, net		2,322		2,226		1,973		1,646		1,231		885		(10,250)		33
	Other income (expense), net		(5)		-		-		-		(11)		118		-		102
			1,908		2,225		1,929		1,617		1,094		989		(10,250)		(488)
Income (loss) before income taxes			1,917		2,225		1,929		1,617		857		5,107		(10,250)		3,402
Income tax (expense) benefit			142		-		15		10		(5)		(1,423)		-		(1,261)
Net income (loss)			2,059		2,225		1,944		1,627		852		3,684		(10,250)		2,141
Net (income) loss attributable
	to noncontrolling interests and redeemable subsidiary preferred stock		-		-		-		-		-		(82)		-		(82)
Net income (loss) attributable
	to Comcast Corporation	$	2,059	$	2,225	$	1,944	$	1,627	$	852	$	3,602	$	(10,250)	$	2,059
Comprehensive income (loss)
	attributable to Comcast Corporation	$	2,017	$	2,209	$	1,943	$	1,626	$	801	$	3,601	$	(10,180)	$	2,017

Condensed Consolidating Statement of Income
For the Three Months Ended March 31, 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	$	-	$	-	$	-	$	-	$	-	$	17,408	$	-	$	17,408
	Management fee revenue		230		-		223		141		-		-		(594)		-
			230		-		223		141		-		17,408		(594)		17,408
Costs and Expenses:
	Programming and production		-		-		-		-		-		5,908		-		5,908
	Other operating and administrative		93		-		223		141		257		4,629		(594)		4,749
	Advertising, marketing and promotion		-		-		-		-		-		1,213		-		1,213
	Depreciation		7		-		-		-		-		1,562		-		1,569
	Amortization		1		-		-		-		-		400		-		401
			101		-		223		141		257		13,712		(594)		13,840
Operating income (loss)			129		-		-		-		(257)		3,696		-		3,568
Other Income (Expense):
	Interest expense		(387)		(3)		(45)		(29)		(124)		(54)		-		(642)
	Investment income (loss), net		1		3		-		-		1		108		-		113
	Equity in net income (losses) of
	investees, net		2,038		2,267		2,165		1,511		1,071		714		(9,734)		32
	Other income (expense), net		-		-		-		-		(4)		(11)		-		(15)
			1,652		2,267		2,120		1,482		944		757		(9,734)		(512)
Income (loss) before income taxes			1,781		2,267		2,120		1,482		687		4,453		(9,734)		3,056
Income tax (expense) benefit			90		-		16		10		(5)		(1,229)		-		(1,118)
Net income (loss)			1,871		2,267		2,136		1,492		682		3,224		(9,734)		1,938
Net (income) loss attributable
	to noncontrolling interests and redeemable subsidiary preferred stock		-		-		-		-		-		(67)		-		(67)
Net income (loss)
	attributable to Comcast Corporation	$	1,871	$	2,267	$	2,136	$	1,492	$	682	$	3,157	$	(9,734)	$	1,871
Comprehensive
	income (loss) attributable to Comcast Corporation	$	1,848	$	2,269	$	2,138	$	1,493	$	685	$	3,134	$	(9,719)	$	1,848

Condensed Consolidating Statement of Cash Flows
For the Three Months Ended March 31, 2015
(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		$	(294)	$	(1)	$	82	$	(48)	$	(361)	$	5,867	$	-	$	5,245
Investing Activities
	Net transactions with affiliates		3,609		1		(82)		48		321		(3,897)		-		-
	Capital expenditures		(6)		-		-		-		-		(1,720)		-		(1,726)
	Cash paid for intangible assets		-		-		-		-		-		(273)		-		(273)
	Acquisitions and construction of real estate properties		-		-		-		-		-		(24)		-		(24)
	Proceeds from sales of businesses and investments		-		-		-		-		-		180		-		180
	Purchases of investments		-		-		-		-		-		(32)		-		(32)
	Other		-		-		-		-		(5)		186		-		181
Net cash provided by (used in) investing activities			3,603		1		(82)		48		316		(5,580)		-		(1,694)
Financing Activities
	Proceeds from (repayments of) short-term borrowings, net		-		-		-		-		-		(150)		-		(150)
	Proceeds from borrowings		-		-		-		-		-		-		-		-
	Repurchases and repayments of debt		(900)		-		-		-		(1)		(8)		-		(909)
	Repurchases and retirements of common stock		(2,000)		-		-		-		-		-		-		(2,000)
	Dividends paid		(572)		-		-		-		-		-		-		(572)
	Issuances of common stock		28		-		-		-		-		-		-		28
	Distributions to noncontrolling interests and dividends for redeemable subsidiary preferred stock		-		-		-		-		-		(62)		-		(62)
	Other		135		-		-		-		-		6		-		141
Net cash provided by (used in) financing activities			(3,309)		-		-		-		(1)		(214)		-		(3,524)
Increase (decrease) in cash and cash equivalents			-		-		-		-		(46)		73		-		27
Cash and cash equivalents, beginning of period			-		-		-		-		385		3,525		-		3,910
Cash and cash equivalents, end of period		$	-	$	-	$	-	$	-	$	339	$	3,598	$	-	$	3,937

Condensed Consolidating Statement of Cash Flows
For the Three Months Ended March 31, 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		$	(96)	$	(2)	$	110	$	(47)	$	(306)	$	4,827	$	-	$	4,486
Investing Activities
	Net transactions with affiliates		1,370		2		(110)		47		483		(1,792)		-		-
	Capital expenditures		-		-		-		-		-		(1,448)		-		(1,448)
	Cash paid for intangible assets		-		-		-		-		-		(217)		-		(217)
	Acquisitions and construction of real estate properties		-		-		-		-		-		-		-		-
	Proceeds from sales of businesses and investments		-		-		-		-		-		300		-		300
	Purchases of investments		(10)		-		-		-		(6)		(21)		-		(37)
	Other		-		-		-		-		-		(103)		-		(103)
Net cash provided by (used in) investing activities			1,360		2		(110)		47		477		(3,281)		-		(1,505)
Financing Activities
	Proceeds from (repayments of) short-term borrowings, net		(1,350)		-		-		-		-		986		-		(364)
	Proceeds from borrowings		2,184		-		-		-		-		3		-		2,187
	Repurchases and repayments of debt		(1,000)		-		-		-		(1)		(1,259)		-		(2,260)
	Repurchases and retirements of common stock		(750)		-		-		-		-		-		-		(750)
	Dividends paid		(508)		-		-		-		-		-		-		(508)
	Issuances of common stock		20		-		-		-		-		-		-		20
	Distributions to noncontrolling interests and dividends for redeemable subsidiary preferred stock		-		-		-		-		-		(66)		-		(66)
	Other		140		-		-		-		-		(44)		-		96
Net cash provided by (used in) financing activities			(1,264)		-		-		-		(1)		(380)		-		(1,645)
Increase (decrease) in cash and cash equivalents			-		-		-		-		170		1,166		-		1,336
Cash and cash equivalents, beginning of period			-		-		-		-		336		1,382		-		1,718
Cash and cash equivalents, end of period		$	-	$	-	$	-	$	-	$	506	$	2,548	$	-	$	3,054