v3.7.0.1

Condensed Consolidating Financial Information (Tables) | 3 Months Ended
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Mar. 31, 2017
Condensed Financial Information of Parent Company Only Disclosure [Abstract] |
Condensed Consolidating Financial Statements | Condensed Consolidating Balance Sheet March 31, 2017
(in millions) | Comcast Parent | Comcast Holdings | CCCL Parent | NBCUniversal Media Parent | Non- Guarantor Subsidiaries | Elimination and Consolidation Adjustments | Consolidated Comcast Corporation
Assets |  |  |  |  |  |  |
Cash and cash equivalents | $ | — |  | $ | — |  | $ | — |  | $ | 270 |  | $ | 3,752 |  | $ | — |  | $ | 4,022 |
Receivables, net | — |  | — |  | — |  | — |  | 7,525 |  | — |  | 7,525 |
Programming rights | — |  | — |  | — |  | — |  | 1,479 |  | — |  | 1,479 |
Other current assets | 96 |  | — |  | — |  | 60 |  | 2,063 |  | — |  | 2,219 |
Total current assets | 96 |  | — |  | — |  | 330 |  | 14,819 |  | — |  | 15,245 |
Film and television costs | — |  | — |  | — |  | — |  | 6,968 |  | — |  | 6,968 |
Investments | 84 |  | — |  | 10 |  | 657 |  | 5,187 |  | — |  | 5,938 |
Investments in and amounts due from subsidiaries eliminated upon consolidation | 100,103 |  | 123,806 |  | 120,362 |  | 49,537 |  | 104,918 |  | (498,726 | ) | — |
Property and equipment, net | 364 |  | — |  | — |  | — |  | 36,262 |  | — |  | 36,626 |
Franchise rights | — |  | — |  | — |  | — |  | 59,364 |  | — |  | 59,364 |
Goodwill | — |  | — |  | — |  | — |  | 36,592 |  | — |  | 36,592 |
Other intangible assets, net | 12 |  | — |  | — |  | — |  | 19,002 |  | — |  | 19,014 |
Other noncurrent assets, net | 1,115 |  | 666 |  | — |  | 80 |  | 1,876 |  | (1,005 | ) | 2,732 |
Total assets | $ | 101,774 |  | $ | 124,472 |  | $ | 120,372 |  | $ | 50,604 |  | $ | 284,988 |  | $ | (499,731 | ) | $ | 182,479 |
Liabilities and Equity |  |  |  |  |  |  |
Accounts payable and accrued expenses related to trade creditors | $ | 17 |  | $ | — |  | $ | — |  | $ | — |  | $ | 6,641 |  | $ | — |  | $ | 6,658 |
Accrued participations and residuals | — |  | — |  | — |  | — |  | 1,811 |  | — |  | 1,811 |
Accrued expenses and other current liabilities | 1,582 |  | — |  | 211 |  | 361 |  | 4,942 |  | — |  | 7,096 |
Current portion of long-term debt | 1,905 |  | — |  | 550 |  | 4 |  | 1,050 |  | — |  | 3,509 |
Total current liabilities | 3,504 |  | — |  | 761 |  | 365 |  | 14,444 |  | — |  | 19,074 |
Long-term debt, less current portion | 40,711 |  | 143 |  | 2,100 |  | 8,204 |  | 7,118 |  | — |  | 58,276 |
Deferred income taxes | — |  | 524 |  | — |  | 69 |  | 35,760 |  | (1,005 | ) | 35,348 |
Other noncurrent liabilities | 2,500 |  | — |  | — |  | 1,103 |  | 7,074 |  | — |  | 10,677 |
Redeemable noncontrolling interests and redeemable subsidiary preferred stock | — |  | — |  | — |  | — |  | 1,456 |  | — |  | 1,456 |
Equity: |  |  |  |  |  |  |
Common stock | 56 |  | — |  | — |  | — |  | — |  | — |  | 56 |
Other shareholders’ equity | 55,003 |  | 123,805 |  | 117,511 |  | 40,863 |  | 216,547 |  | (498,726 | ) | 55,003 |
Total Comcast Corporation shareholders’ equity | 55,059 |  | 123,805 |  | 117,511 |  | 40,863 |  | 216,547 |  | (498,726 | ) | 55,059 |
Noncontrolling interests | — |  | — |  | — |  | — |  | 2,589 |  | — |  | 2,589 |
Total equity | 55,059 |  | 123,805 |  | 117,511 |  | 40,863 |  | 219,136 |  | (498,726 | ) | 57,648 |
Total liabilities and equity | $ | 101,774 |  | $ | 124,472 |  | $ | 120,372 |  | $ | 50,604 |  | $ | 284,988 |  | $ | (499,731 | ) | $ | 182,479 |
Condensed Consolidating Balance Sheet December 31, 2016
(in millions) | Comcast Parent | Comcast Holdings | CCCL Parent | NBCUniversal Media Parent | Non- Guarantor Subsidiaries | Elimination and Consolidation Adjustments | Consolidated Comcast Corporation
Assets |  |  |  |  |  |  |
Cash and cash equivalents | $ | — |  | $ | — |  | $ | — |  | $ | 482 |  | $ | 2,819 |  | $ | — |  | $ | 3,301 |
Receivables, net | — |  | — |  | — |  | — |  | 7,955 |  | — |  | 7,955 |
Programming rights | — |  | — |  | — |  | — |  | 1,250 |  | — |  | 1,250 |
Other current assets | 151 |  | — |  | — |  | 36 |  | 3,668 |  | — |  | 3,855 |
Total current assets | 151 |  | — |  | — |  | 518 |  | 15,692 |  | — |  | 16,361 |
Film and television costs | — |  | — |  | — |  | — |  | 7,252 |  | — |  | 7,252 |
Investments | 75 |  | — |  | — |  | 651 |  | 4,521 |  | — |  | 5,247 |
Investments in and amounts due from subsidiaries eliminated upon consolidation | 98,350 |  | 120,071 |  | 117,696 |  | 47,393 |  | 97,704 |  | (481,214 | ) | — |
Property and equipment, net | 298 |  | — |  | — |  | — |  | 35,955 |  | — |  | 36,253 |
Franchise rights | — |  | — |  | — |  | — |  | 59,364 |  | — |  | 59,364 |
Goodwill | — |  | — |  | — |  | — |  | 35,980 |  | — |  | 35,980 |
Other intangible assets, net | 13 |  | — |  | — |  | — |  | 17,261 |  | — |  | 17,274 |
Other noncurrent assets, net | 1,138 |  | 638 |  | — |  | 89 |  | 1,921 |  | (1,017 | ) | 2,769 |
Total assets | $ | 100,025 |  | $ | 120,709 |  | $ | 117,696 |  | $ | 48,651 |  | $ | 275,650 |  | $ | (482,231 | ) | $ | 180,500 |
Liabilities and Equity |  |  |  |  |  |  |
Accounts payable and accrued expenses related to trade creditors | $ | 23 |  | $ | — |  | $ | — |  | $ | — |  | $ | 6,892 |  | $ | — |  | $ | 6,915 |
Accrued participations and residuals | — |  | — |  | — |  | — |  | 1,726 |  | — |  | 1,726 |
Accrued expenses and other current liabilities | 1,726 |  | — |  | 341 |  | 302 |  | 5,045 |  | — |  | 7,414 |
Current portion of long-term debt | 3,739 |  | — |  | 550 |  | 4 |  | 1,187 |  | — |  | 5,480 |
Total current liabilities | 5,488 |  | — |  | 891 |  | 306 |  | 14,850 |  | — |  | 21,535 |
Long-term debt, less current portion | 38,123 |  | 141 |  | 2,100 |  | 8,208 |  | 6,994 |  | — |  | 55,566 |
Deferred income taxes | — |  | 542 |  | — |  | 70 |  | 35,259 |  | (1,017 | ) | 34,854 |
Other noncurrent liabilities | 2,471 |  | — |  | — |  | 1,166 |  | 7,288 |  | — |  | 10,925 |
Redeemable noncontrolling interests and redeemable subsidiary preferred stock | — |  | — |  | — |  | — |  | 1,446 |  | — |  | 1,446 |
Equity: |  |  |  |  |  |  |
Common stock | 56 |  | — |  | — |  | — |  | — |  | — |  | 56 |
Other shareholders’ equity | 53,887 |  | 120,026 |  | 114,705 |  | 38,901 |  | 207,582 |  | (481,214 | ) | 53,887 |
Total Comcast Corporation shareholders’ equity | 53,943 |  | 120,026 |  | 114,705 |  | 38,901 |  | 207,582 |  | (481,214 | ) | 53,943 |
Noncontrolling interests | — |  | — |  | — |  | — |  | 2,231 |  | — |  | 2,231 |
Total equity | 53,943 |  | 120,026 |  | 114,705 |  | 38,901 |  | 209,813 |  | (481,214 | ) | 56,174 |
Total liabilities and equity | $ | 100,025 |  | $ | 120,709 |  | $ | 117,696 |  | $ | 48,651 |  | $ | 275,650 |  | $ | (482,231 | ) | $ | 180,500 |
Condensed Consolidating Statement of Income For the Three Months Ended March 31, 2017
(in millions) | Comcast Parent | Comcast Holdings | CCCL Parent | NBCUniversal Media Parent | Non- Guarantor Subsidiaries | Elimination and Consolidation Adjustments | Consolidated Comcast Corporation
Revenue: |  |  |  |  |  |  |
Service revenue | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | 20,463 |  | $ | — |  | $ | 20,463 |
Management fee revenue | 275 |  | — |  | 270 |  | — |  | — |  | (545 | ) | — |
| 275 |  | — |  | 270 |  | — |  | 20,463 |  | (545 | ) | 20,463 |
Costs and Expenses: |  |  |  |  |  |  |
Programming and production | — |  | — |  | — |  | — |  | 6,074 |  | — |  | 6,074 |
Other operating and administrative | 170 |  | — |  | 270 |  | 306 |  | 5,626 |  | (545 | ) | 5,827 |
Advertising, marketing and promotion | — |  | — |  | — |  | — |  | 1,530 |  | — |  | 1,530 |
Depreciation | 7 |  | — |  | — |  | — |  | 1,908 |  | — |  | 1,915 |
Amortization | 2 |  | — |  | — |  | — |  | 585 |  | — |  | 587 |
| 179 |  | — |  | 270 |  | 306 |  | 15,723 |  | (545 | ) | 15,933 |
Operating income (loss) | 96 |  | — |  | — |  | (306 | ) | 4,740 |  | — |  | 4,530 |
Other Income (Expense): |  |  |  |  |  |  |
Interest expense | (517 | ) | (3 | ) | (60 | ) | (112 | ) | (63 | ) | — |  | (755 | )
Investment income (loss), net | 1 |  | 28 |  | — |  | (4 | ) | 34 |  | — |  | 59 |
Equity in net income (losses) of investees, net | 2,839 |  | 2,650 |  | 2,320 |  | 1,597 |  | 1,236 |  | (10,606 | ) | 36 |
Other income (expense), net | — |  | — |  | — |  | 28 |  | 7 |  | — |  | 35 |
| 2,323 |  | 2,675 |  | 2,260 |  | 1,509 |  | 1,214 |  | (10,606 | ) | (625 | )
Income (loss) before income taxes | 2,419 |  | 2,675 |  | 2,260 |  | 1,203 |  | 5,954 |  | (10,606 | ) | 3,905 |
Income tax (expense) benefit | 147 |  | (9 | ) | 21 |  | (3 | ) | (1,414 | ) | — |  | (1,258 | )
Net income (loss) | 2,566 |  | 2,666 |  | 2,281 |  | 1,200 |  | 4,540 |  | (10,606 | ) | 2,647 |
Net (income) loss attributable to noncontrolling interests and redeemable subsidiary preferred stock | — |  | — |  | — |  | — |  | (81 | ) | — |  | (81 | )
Net income (loss) attributable to Comcast Corporation | $ | 2,566 |  | $ | 2,666 |  | $ | 2,281 |  | $ | 1,200 |  | $ | 4,459 |  | $ | (10,606 | ) | $ | 2,566 |
Comprehensive income (loss) attributable to Comcast Corporation | $ | 2,810 |  | $ | 2,716 |  | $ | 2,282 |  | $ | 1,406 |  | $ | 4,703 |  | $ | (11,107 | ) | $ | 2,810 |
Condensed Consolidating Statement of Income For the Three Months Ended March 31, 2016
(in millions) | Comcast Parent | Comcast Holdings | CCCL Parent | NBCUniversal Media Parent | Non- Guarantor Subsidiaries | Elimination and Consolidation Adjustments | Consolidated Comcast Corporation
Revenue: |  |  |  |  |  |  |
Service revenue | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | 18,790 |  | $ | — |  | $ | 18,790 |
Management fee revenue | 259 |  | — |  | 254 |  | — |  | — |  | (513 | ) | — |
| 259 |  | — |  | 254 |  | — |  | 18,790 |  | (513 | ) | 18,790 |
Costs and Expenses: |  |  |  |  |  |  |
Programming and production | — |  | — |  | — |  | — |  | 5,431 |  | — |  | 5,431 |
Other operating and administrative | 156 |  | — |  | 254 |  | 295 |  | 5,334 |  | (513 | ) | 5,526 |
Advertising, marketing and promotion | — |  | — |  | — |  | — |  | 1,466 |  | — |  | 1,466 |
Depreciation | 8 |  | — |  | — |  | — |  | 1,777 |  | — |  | 1,785 |
Amortization | 1 |  | — |  | — |  | — |  | 492 |  | — |  | 493 |
| 165 |  | — |  | 254 |  | 295 |  | 14,500 |  | (513 | ) | 14,701 |
Operating income (loss) | 94 |  | — |  | — |  | (295 | ) | 4,290 |  | — |  | 4,089 |
Other Income (Expense): |  |  |  |  |  |  |
Interest expense | (451 | ) | (3 | ) | (59 | ) | (117 | ) | (73 | ) | — |  | (703 | )
Investment income (loss), net | — |  | — |  | — |  | (2 | ) | 32 |  | — |  | 30 |
Equity in net income (losses) of investees, net | 2,366 |  | 2,264 |  | 2,114 |  | 1,297 |  | 991 |  | (9,043 | ) | (11 | )
Other income (expense), net | — |  | — |  | — |  | 124 |  | 6 |  | — |  | 130 |
| 1,915 |  | 2,261 |  | 2,055 |  | 1,302 |  | 956 |  | (9,043 | ) | (554 | )
Income (loss) before income taxes | 2,009 |  | 2,261 |  | 2,055 |  | 1,007 |  | 5,246 |  | (9,043 | ) | 3,535 |
Income tax (expense) benefit | 125 |  | 1 |  | 21 |  | (5 | ) | (1,453 | ) | — |  | (1,311 | )
Net income (loss) | 2,134 |  | 2,262 |  | 2,076 |  | 1,002 |  | 3,793 |  | (9,043 | ) | 2,224 |
Net (income) loss attributable to noncontrolling interests and redeemable subsidiary preferred stock | — |  | — |  | — |  | — |  | (90 | ) | — |  | (90 | )
Net income (loss) attributable to Comcast Corporation | $ | 2,134 |  | $ | 2,262 |  | $ | 2,076 |  | $ | 1,002 |  | $ | 3,703 |  | $ | (9,043 | ) | $ | 2,134 |
Comprehensive income (loss) attributable to Comcast Corporation | $ | 2,224 |  | $ | 2,306 |  | $ | 2,078 |  | $ | 1,146 |  | $ | 3,705 |  | $ | (9,235 | ) | $ | 2,224 |
Condensed Consolidating Statement of Cash Flows For the Three Months Ended March 31, 2017
(in millions) | Comcast Parent | Comcast Holdings | CCCL Parent | NBCUniversal Media Parent | Non- Guarantor Subsidiaries | Elimination and Consolidation Adjustments | Consolidated Comcast Corporation
Net cash provided by (used in) operating activities | $ | (453 | ) | $ | (10 | ) | $ | (168 | ) | $ | (330 | ) | $ | 6,617 |  | $ | — |  | $ | 5,656 |
Investing Activities |  |  |  |  |  |  |
Net transactions with affiliates | 1,385 |  | 10 |  | 168 |  | 115 |  | (1,678 | ) | — |  | — |
Capital expenditures | (1 | ) | — |  | — |  | — |  | (2,077 | ) | — |  | (2,078 | )
Cash paid for intangible assets | — |  | — |  | — |  | — |  | (416 | ) | — |  | (416 | )
Acquisitions and construction of real estate properties | (69 | ) | — |  | — |  | — |  | (61 | ) | — |  | (130 | )
Acquisitions, net of cash acquired | — |  | — |  | — |  | — |  | (216 | ) | — |  | (216 | )
Proceeds from sales of investments | — |  | — |  | — |  | 10 |  | 41 |  | — |  | 51 |
Purchases of investments | (9 | ) | — |  | — |  | (4 | ) | (1,049 | ) | — |  | (1,062 | )
Other | 55 |  | — |  | — |  | — |  | 2 |  | — |  | 57 |
Net cash provided by (used in) investing activities | 1,361 |  | 10 |  | 168 |  | 121 |  | (5,454 | ) | — |  | (3,794 | )
Financing Activities |  |  |  |  |  |  |
Proceeds from (repayments of) short-term borrowings, net | (1,739 | ) | — |  | — |  | — |  | (154 | ) | — |  | (1,893 | )
Proceeds from borrowings | 3,500 |  | — |  | — |  | — |  | — |  | — |  | 3,500 |
Repurchases and repayments of debt | (1,000 | ) | — |  | — |  | (3 | ) | (56 | ) | — |  | (1,059 | )
Repurchases of common stock under repurchase program and employee plans | (996 | ) | — |  | — |  | — |  | — |  | — |  | (996 | )
Dividends paid | (657 | ) | — |  | — |  | — |  | — |  | — |  | (657 | )
Issuances of common stock | — |  | — |  | — |  | — |  | — |  | — |  | — |
Distributions to noncontrolling interests and dividends for redeemable subsidiary preferred stock | — |  | — |  | — |  | — |  | (72 | ) | — |  | (72 | )
Other | (16 | ) | — |  | — |  | — |  | 52 |  | — |  | 36 |
Net cash provided by (used in) financing activities | (908 | ) | — |  | — |  | (3 | ) | (230 | ) | — |  | (1,141 | )
Increase (decrease) in cash and cash equivalents | — |  | — |  | — |  | (212 | ) | 933 |  | — |  | 721 |
Cash and cash equivalents, beginning of period | — |  | — |  | — |  | 482 |  | 2,819 |  | — |  | 3,301 |
Cash and cash equivalents, end of period | $ | — |  | $ | — |  | $ | — |  | $ | 270 |  | $ | 3,752 |  | $ | — |  | $ | 4,022 |
Condensed Consolidating Statement of Cash Flows For the Three Months Ended March 31, 2016
(in millions) | Comcast Parent | Comcast Holdings | CCCL Parent | NBCUniversal Media Parent | Non- Guarantor Subsidiaries | Elimination and Consolidation Adjustments | Consolidated Comcast Corporation
Net cash provided by (used in) operating activities | $ | (201 | ) | $ | — |  | $ | 78 |  | $ | (391 | ) | $ | 5,913 |  | $ | — |  | $ | 5,399 |
Investing Activities |  |  |  |  |  |  |
Net transactions with affiliates | (679 | ) | — |  | (78 | ) | 63 |  | 694 |  | — |  | — |
Capital expenditures | (3 | ) | — |  | — |  | — |  | (1,882 | ) | — |  | (1,885 | )
Cash paid for intangible assets | — |  | — |  | — |  | — |  | (378 | ) | — |  | (378 | )
Acquisitions and construction of real estate properties | — |  | — |  | — |  | — |  | (140 | ) | — |  | (140 | )
Acquisitions, net of cash acquired | — |  | — |  | — |  | — |  | (24 | ) | — |  | (24 | )
Proceeds from sales of investments | — |  | — |  | — |  | 101 |  | 9 |  | — |  | 110 |
Purchases of investments | (7 | ) | — |  | — |  | — |  | (441 | ) | — |  | (448 | )
Other | 7 |  | — |  | — |  | (5 | ) | 54 |  | — |  | 56 |
Net cash provided by (used in) investing activities | (682 | ) | — |  | (78 | ) | 159 |  | (2,108 | ) | — |  | (2,709 | )
Financing Activities |  |  |  |  |  |  |
Proceeds from (repayments of) short-term borrowings, net | (400 | ) | — |  | — |  | — |  | (138 | ) | — |  | (538 | )
Proceeds from borrowings | 3,323 |  | — |  | — |  | — |  | — |  | — |  | 3,323 |
Repurchases and repayments of debt | — |  | — |  | — |  | (4 | ) | (44 | ) | — |  | (48 | )
Repurchases of common stock under repurchase program and employee plans | (1,427 | ) | — |  | — |  | — |  | — |  | — |  | (1,427 | )
Dividends paid | (611 | ) | — |  | — |  | — |  | — |  | — |  | (611 | )
Issuances of common stock | 12 |  | — |  | — |  | — |  | — |  | — |  | 12 |
Distributions to noncontrolling interests and dividends for redeemable subsidiary preferred stock | — |  | — |  | — |  | — |  | (77 | ) | — |  | (77 | )
Other | (14 | ) | — |  | — |  | — |  | 23 |  | — |  | 9 |
Net cash provided by (used in) financing activities | 883 |  | — |  | — |  | (4 | ) | (236 | ) | — |  | 643 |
Increase (decrease) in cash and cash equivalents | — |  | — |  | — |  | (236 | ) | 3,569 |  | — |  | 3,333 |
Cash and cash equivalents, beginning of period | — |  | — |  | — |  | 414 |  | 1,881 |  | — |  | 2,295 |
Cash and cash equivalents, end of period | $ | — |  | $ | — |  | $ | — |  | $ | 178 |  | $ | 5,450 |  | $ | — |  | $ | 5,628 |

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