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Condensed Consolidating Financial Information (Tables) | 3 Months Ended
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Mar. 31, 2019
Condensed Financial Information Disclosure [Abstract] |
Condensed Consolidating Statement of Income | Condensed Consolidating Statement of Income For the Three Months Ended March 31, 2019
(in millions) | Comcast Parent | Comcast Holdings | CCCL Parent | NBCUniversal Media Parent | Non- Guarantor Subsidiaries | Elimination and Consolidation Adjustments | Consolidated Comcast Corporation
Revenue: |  |  |  |  |  |  |
Service revenue | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | 26,859 |  | $ | — |  | $ | 26,859 |
Management fee revenue | 305 |  | — |  | 299 |  | — |  | — |  | (604 | ) | — |
Total revenue | 305 |  | — |  | 299 |  | — |  | 26,859 |  | (604 | ) | 26,859 |
Costs and Expenses: |  |  |  |  |  |  |
Programming and production | — |  | — |  | — |  | — |  | 8,569 |  | — |  | 8,569 |
Other operating and administrative | 188 |  | — |  | 299 |  | 271 |  | 7,746 |  | (604 | ) | 7,900 |
Advertising, marketing and promotion | — |  | — |  | — |  | — |  | 1,888 |  | — |  | 1,888 |
Depreciation | 14 |  | — |  | — |  | — |  | 2,226 |  | — |  | 2,240 |
Amortization | 1 |  | — |  | — |  | — |  | 1,079 |  | — |  | 1,080 |
Total cost and expenses | 203 |  | — |  | 299 |  | 271 |  | 21,508 |  | (604 | ) | 21,677 |
Operating income (loss) | 102 |  | — |  | — |  | (271 | ) | 5,351 |  | — |  | 5,182 |
Interest expense | (896 | ) | (3 | ) | (49 | ) | (120 | ) | (82 | ) | — |  | (1,150 | )
Investment and other income (loss), net | 4,215 |  | 4,143 |  | 3,314 |  | 2,181 |  | 2,238 |  | (15,415 | ) | 676 |
Income (loss) before income taxes | 3,421 |  | 4,140 |  | 3,265 |  | 1,790 |  | 7,507 |  | (15,415 | ) | 4,708 |
Income tax (expense) benefit | 132 |  | (6 | ) | 10 |  | (6 | ) | (1,206 | ) | — |  | (1,076 | )
Net income (loss) | 3,553 |  | 4,134 |  | 3,275 |  | 1,784 |  | 6,301 |  | (15,415 | ) | 3,632 |
Less: Net income (loss) attributable to noncontrolling interests and redeemable subsidiary preferred stock | — |  | — |  | — |  | — |  | 79 |  | — |  | 79 |
Net income (loss) attributable to Comcast Corporation | $ | 3,553 |  | $ | 4,134 |  | $ | 3,275 |  | $ | 1,784 |  | $ | 6,222 |  | $ | (15,415 | ) | $ | 3,553 |
Comprehensive income (loss) attributable to Comcast Corporation | $ | 4,343 |  | $ | 4,122 |  | $ | 3,275 |  | $ | 1,752 |  | $ | 7,160 |  | $ | (16,309 | ) | $ | 4,343 |
Condensed Consolidating Statement of Income For the Three Months Ended March 31, 2018
(in millions) | Comcast Parent | Comcast Holdings | CCCL Parent | NBCUniversal Media Parent | Non- Guarantor Subsidiaries | Elimination and Consolidation Adjustments | Consolidated Comcast Corporation
Revenue: |  |  |  |  |  |  |
Service revenue | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | 22,791 |  | $ | — |  | $ | 22,791 |
Management fee revenue | 292 |  | — |  | 286 |  | — |  | — |  | (578 | ) | — |
Total revenue | 292 |  | — |  | 286 |  | — |  | 22,791 |  | (578 | ) | 22,791 |
Costs and Expenses: |  |  |  |  |  |  |
Programming and production | — |  | — |  | — |  | — |  | 7,429 |  | — |  | 7,429 |
Other operating and administrative | 228 |  | — |  | 286 |  | 318 |  | 6,260 |  | (578 | ) | 6,514 |
Advertising, marketing and promotion | — |  | — |  | — |  | — |  | 1,604 |  | — |  | 1,604 |
Depreciation | 11 |  | — |  | — |  | — |  | 2,000 |  | — |  | 2,011 |
Amortization | 1 |  | — |  | — |  | — |  | 587 |  | — |  | 588 |
Total costs and expenses | 240 |  | — |  | 286 |  | 318 |  | 17,880 |  | (578 | ) | 18,146 |
Operating income (loss) | 52 |  | — |  | — |  | (318 | ) | 4,911 |  | — |  | 4,645 |
Interest expense | (561 | ) | (3 | ) | (47 | ) | (106 | ) | (60 | ) | — |  | (777 | )
Investment and other income (loss), net | 3,520 |  | 3,319 |  | 2,826 |  | 1,942 |  | 1,588 |  | (13,069 | ) | 126 |
Income (loss) before income taxes | 3,011 |  | 3,316 |  | 2,779 |  | 1,518 |  | 6,439 |  | (13,069 | ) | 3,994 |
Income tax (expense) benefit | 107 |  | — |  | 9 |  | (5 | ) | (929 | ) | — |  | (818 | )
Net income (loss) | 3,118 |  | 3,316 |  | 2,788 |  | 1,513 |  | 5,510 |  | (13,069 | ) | 3,176 |
Less: Net income (loss) attributable to noncontrolling interests and redeemable subsidiary preferred stock | — |  | — |  | — |  | — |  | 58 |  | — |  | 58 |
Net income (loss) attributable to Comcast Corporation | $ | 3,118 |  | $ | 3,316 |  | $ | 2,788 |  | $ | 1,513 |  | $ | 5,452 |  | $ | (13,069 | ) | $ | 3,118 |
Comprehensive income (loss) attributable to Comcast Corporation | $ | 3,271 |  | $ | 3,369 |  | $ | 2,789 |  | $ | 1,696 |  | $ | 5,791 |  | $ | (13,645 | ) | $ | 3,271 |
Condensed Consolidating Statement of Cash Flows | Condensed Consolidating Statement of Cash Flows For the Three Months Ended March 31, 2019
(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 | $ | (759 | ) | $ | 135 |  | $ | (119 | ) | $ | (279 | ) | $ | 8,253 |  | $ | — |  | $ | 7,231 |
Investing Activities: |  |  |  |  |  |  |
Net transactions with affiliates | 3,908 |  | (135 | ) | 119 |  | 140 |  | (4,032 | ) | — |  | — |
Capital expenditures | (2 | ) | — |  | — |  | — |  | (2,090 | ) | — |  | (2,092 | )
Cash paid for intangible assets | (1 | ) | — |  | — |  | — |  | (546 | ) | — |  | (547 | )
Acquisitions and construction of real estate properties | (13 | ) | — |  | — |  | — |  | (3 | ) | — |  | (16 | )
Construction of Universal Beijing Resort | — |  | — |  | — |  | — |  | (220 | ) | — |  | (220 | )
Acquisitions, net of cash acquired | — |  | — |  | — |  | — |  | (48 | ) | — |  | (48 | )
Proceeds from sales of investments | — |  | — |  | — |  | — |  | 37 |  | — |  | 37 |
Purchases of investments | (13 | ) | — |  | — |  | (58 | ) | (368 | ) | — |  | (439 | )
Other | — |  | — |  | — |  | — |  | 99 |  | — |  | 99 |
Net cash provided by (used in) investing activities | 3,879 |  | (135 | ) | 119 |  | 82 |  | (7,171 | ) | — |  | (3,226 | )
Financing Activities: |  |  |  |  |  |  |
Proceeds from (repayments of) short-term borrowings, net | — |  | — |  | — |  | — |  | (1,288 | ) | — |  | (1,288 | )
Proceeds from borrowings | — |  | — |  | — |  | — |  | 222 |  | — |  | 222 |
Repurchases and repayments of debt | (2,000 | ) | — |  | — |  | (5 | ) | (79 | ) | — |  | (2,084 | )
Repurchases of common stock under repurchase program and employee plans | (247 | ) | — |  | — |  | — |  | — |  | — |  | (247 | )
Dividends paid | (869 | ) | — |  | — |  | — |  | — |  | — |  | (869 | )
Distributions to noncontrolling interests and dividends for redeemable subsidiary preferred stock | — |  | — |  | — |  | — |  | (85 | ) | — |  | (85 | )
Other | (3 | ) | — |  | — |  | — |  | 29 |  | — |  | 26 |
Net cash provided by (used in) financing activities | (3,119 | ) | — |  | — |  | (5 | ) | (1,201 | ) | — |  | (4,325 | )
Impact of foreign currency on cash, cash equivalents and restricted cash | (1 | ) | — |  | — |  | — |  | 9 |  | — |  | 8 |
Increase (decrease) in cash, cash equivalents and restricted cash | — |  | — |  | — |  | (202 | ) | (110 | ) | — |  | (312 | )
Cash, cash equivalents and restricted cash, beginning of period | — |  | — |  | — |  | 416 |  | 3,493 |  | — |  | 3,909 |
Cash, cash equivalents and restricted cash, end of period | $ | — |  | $ | — |  | $ | — |  | $ | 214 |  | $ | 3,383 |  | $ | — |  | $ | 3,597 |
Condensed Consolidating Statement of Cash Flows For the Three Months Ended March 31, 2018
(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 | $ | (270 | ) | $ | 453 |  | $ | (149 | ) | $ | (382 | ) | $ | 5,822 |  | $ | — |  | $ | 5,474 |
Investing Activities: |  |  |  |  |  |  |
Net transactions with affiliates | 640 |  | (897 | ) | 149 |  | 347 |  | (239 | ) | — |  | — |
Capital expenditures | — |  | — |  | — |  | — |  | (1,973 | ) | — |  | (1,973 | )
Cash paid for intangible assets | (2 | ) | — |  | — |  | — |  | (417 | ) | — |  | (419 | )
Acquisitions and construction of real estate properties | (39 | ) | — |  | — |  | — |  | (20 | ) | — |  | (59 | )
Construction of Universal Beijing Resort | — |  | — |  | — |  | — |  | (42 | ) | — |  | (42 | )
Acquisitions, net of cash acquired | — |  | — |  | — |  | — |  | (89 | ) | — |  | (89 | )
Proceeds from sales of investments | — |  | — |  | — |  | 57 |  | 24 |  | — |  | 81 |
Purchases of investments | (11 | ) | — |  | — |  | (5 | ) | (204 | ) | — |  | (220 | )
Other | — |  | 444 |  | — |  | — |  | (15 | ) | — |  | 429 |
Net cash provided by (used in) investing activities | 588 |  | (453 | ) | 149 |  | 399 |  | (2,975 | ) | — |  | (2,292 | )
Financing Activities: |  |  |  |  |  |  |
Proceeds from (repayments of) short-term borrowings, net | (902 | ) | — |  | — |  | — |  | — |  | — |  | (902 | )
Proceeds from borrowings | 3,973 |  | — |  | — |  | — |  | 70 |  | — |  | 4,043 |
Repurchases and repayments of debt | (900 | ) | — |  | — |  | (3 | ) | (362 | ) | — |  | (1,265 | )
Repurchases of common stock under repurchase program and employee plans | (1,729 | ) | — |  | — |  | — |  | — |  | — |  | (1,729 | )
Dividends paid | (738 | ) | — |  | — |  | — |  | — |  | — |  | (738 | )
Distributions to noncontrolling interests and dividends for redeemable subsidiary preferred stock | — |  | — |  | — |  | — |  | (79 | ) | — |  | (79 | )
Other | (22 | ) | — |  | — |  | — |  | 116 |  | — |  | 94 |
Net cash provided by (used in) financing activities | (318 | ) | — |  | — |  | (3 | ) | (255 | ) | — |  | (576 | )
Increase (decrease) in cash, cash equivalents and restricted cash | — |  | — |  | — |  | 14 |  | 2,592 |  | — |  | 2,606 |
Cash, cash equivalents and restricted cash, beginning of period | — |  | — |  | — |  | 496 |  | 3,075 |  | — |  | 3,571 |
Cash, cash equivalents and restricted cash, end of period | $ | — |  | $ | — |  | $ | — |  | $ | 510 |  | $ | 5,667 |  | $ | — |  | $ | 6,177 |
Condensed Consolidating Balance Sheet | Condensed Consolidating Balance Sheet March 31, 2019
(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 | $ | — |  | $ | — |  | $ | — |  | $ | 214 |  | $ | 3,284 |  | $ | — |  | $ | 3,498 |
Receivables, net | — |  | — |  | — |  | — |  | 10,736 |  | — |  | 10,736 |
Programming rights | — |  | — |  | — |  | — |  | 2,942 |  | — |  | 2,942 |
Other current assets | 72 |  | 25 |  | — |  | 26 |  | 2,974 |  | — |  | 3,097 |
Total current assets | 72 |  | 25 |  | — |  | 240 |  | 19,936 |  | — |  | 20,273 |
Film and television costs | — |  | — |  | — |  | — |  | 8,051 |  | — |  | 8,051 |
Investments | 280 |  | 11 |  | 147 |  | 895 |  | 7,826 |  | — |  | 9,159 |
Investments in and amounts due from subsidiaries eliminated upon consolidation | 158,868 |  | 147,534 |  | 129,829 |  | 56,005 |  | 98,613 |  | (590,849 | ) | — |
Property and equipment, net | 663 |  | — |  | — |  | — |  | 45,058 |  | — |  | 45,721 |
Franchise rights | — |  | — |  | — |  | — |  | 59,365 |  | — |  | 59,365 |
Goodwill | — |  | — |  | — |  | — |  | 68,073 |  | — |  | 68,073 |
Other intangible assets, net | 10 |  | — |  | — |  | — |  | 36,892 |  | — |  | 36,902 |
Other noncurrent assets, net | 1,163 |  | 233 |  | — |  | 93 |  | 7,642 |  | (486 | ) | 8,645 |
Total assets | $ | 161,056 |  | $ | 147,803 |  | $ | 129,976 |  | $ | 57,233 |  | $ | 351,456 |  | $ | (591,335 | ) | $ | 256,189 |
Liabilities and Equity |  |  |  |  |  |  |
Accounts payable and accrued expenses related to trade creditors | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | 10,232 |  | $ | — |  | $ | 10,232 |
Accrued participations and residuals | — |  | — |  | — |  | — |  | 1,739 |  | — |  | 1,739 |
Deferred revenue | — |  | — |  | — |  | — |  | 2,485 |  | — |  | 2,485 |
Accrued expenses and other current liabilities | 2,405 |  | 149 |  | 245 |  | 438 |  | 5,595 |  | — |  | 8,832 |
Current portion of long-term debt | 2,099 |  | — |  | — |  | 7 |  | 2,523 |  | — |  | 4,629 |
Total current liabilities | 4,504 |  | 149 |  | 245 |  | 445 |  | 22,574 |  | — |  | 27,917 |
Long-term debt, less current portion | 78,460 |  | 149 |  | 2,100 |  | 7,756 |  | 15,999 |  | — |  | 104,464 |
Deferred income taxes | — |  | 324 |  | — |  | 67 |  | 27,980 |  | (552 | ) | 27,819 |
Other noncurrent liabilities | 3,133 |  | — |  | — |  | 1,579 |  | 14,033 |  | 66 |  | 18,811 |
Redeemable noncontrolling interests and redeemable subsidiary preferred stock | — |  | — |  | — |  | — |  | 1,316 |  | — |  | 1,316 |
Equity: |  |  |  |  |  |  |
Common stock | 54 |  | — |  | — |  | — |  | — |  | — |  | 54 |
Other shareholders’ equity | 74,905 |  | 147,181 |  | 127,631 |  | 47,386 |  | 268,651 |  | (590,849 | ) | 74,905 |
Total Comcast Corporation shareholders’ equity | 74,959 |  | 147,181 |  | 127,631 |  | 47,386 |  | 268,651 |  | (590,849 | ) | 74,959 |
Noncontrolling interests | — |  | — |  | — |  | — |  | 903 |  | — |  | 903 |
Total equity | 74,959 |  | 147,181 |  | 127,631 |  | 47,386 |  | 269,554 |  | (590,849 | ) | 75,862 |
Total liabilities and equity | $ | 161,056 |  | $ | 147,803 |  | $ | 129,976 |  | $ | 57,233 |  | $ | 351,456 |  | $ | (591,335 | ) | $ | 256,189 |
Condensed Consolidating Balance Sheet December 31, 2018
(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 | $ | — |  | $ | — |  | $ | — |  | $ | 416 |  | $ | 3,398 |  | $ | — |  | $ | 3,814 |
Receivables, net | — |  | — |  | — |  | — |  | 11,104 |  | — |  | 11,104 |
Programming rights | — |  | — |  | — |  | — |  | 3,746 |  | — |  | 3,746 |
Other current assets | 66 |  | 20 |  | — |  | 28 |  | 3,070 |  | — |  | 3,184 |
Total current assets | 66 |  | 20 |  | — |  | 444 |  | 21,318 |  | — |  | 21,848 |
Film and television costs | — |  | — |  | — |  | — |  | 7,837 |  | — |  | 7,837 |
Investments | 270 |  | 11 |  | 143 |  | 790 |  | 6,669 |  | — |  | 7,883 |
Investments in and amounts due from subsidiaries eliminated upon consolidation | 157,264 |  | 147,028 |  | 130,214 |  | 53,853 |  | 97,872 |  | (586,231 | ) | — |
Property and equipment, net | 670 |  | — |  | — |  | — |  | 43,767 |  | — |  | 44,437 |
Franchise rights | — |  | — |  | — |  | — |  | 59,365 |  | — |  | 59,365 |
Goodwill | — |  | — |  | — |  | — |  | 66,154 |  | — |  | 66,154 |
Other intangible assets, net | 11 |  | — |  | — |  | — |  | 38,347 |  | — |  | 38,358 |
Other noncurrent assets, net | 1,057 |  | 208 |  | — |  | 85 |  | 4,910 |  | (458 | ) | 5,802 |
Total assets | $ | 159,338 |  | $ | 147,267 |  | $ | 130,357 |  | $ | 55,172 |  | $ | 346,239 |  | $ | (586,689 | ) | $ | 251,684 |
Liabilities and Equity |  |  |  |  |  |  |
Accounts payable and accrued expenses related to trade creditors | $ | 2 |  | $ | — |  | $ | — |  | $ | — |  | $ | 8,492 |  | $ | — |  | $ | 8,494 |
Accrued participations and residuals | — |  | — |  | — |  | — |  | 1,808 |  | — |  | 1,808 |
Deferred revenue | — |  | — |  | — |  | — |  | 2,182 |  | — |  | 2,182 |
Accrued expenses and other current liabilities | 2,357 |  | 150 |  | 360 |  | 282 |  | 7,572 |  | — |  | 10,721 |
Current portion of long-term debt | 699 |  | — |  | — |  | 4 |  | 3,695 |  | — |  | 4,398 |
Total current liabilities | 3,058 |  | 150 |  | 360 |  | 286 |  | 23,749 |  | — |  | 27,603 |
Long-term debt, less current portion | 81,661 |  | 146 |  | 2,100 |  | 7,748 |  | 15,690 |  | — |  | 107,345 |
Deferred income taxes | — |  | 314 |  | — |  | 65 |  | 27,734 |  | (524 | ) | 27,589 |
Other noncurrent liabilities | 3,006 |  | — |  | — |  | 1,201 |  | 11,056 |  | 66 |  | 15,329 |
Redeemable noncontrolling interests and redeemable subsidiary preferred stock | — |  | — |  | — |  | — |  | 1,316 |  | — |  | 1,316 |
Equity: |  |  |  |  |  |  |
Common stock | 54 |  | — |  | — |  | — |  | — |  | — |  | 54 |
Other shareholders’ equity | 71,559 |  | 146,657 |  | 127,897 |  | 45,872 |  | 265,805 |  | (586,231 | ) | 71,559 |
Total Comcast Corporation shareholders’ equity | 71,613 |  | 146,657 |  | 127,897 |  | 45,872 |  | 265,805 |  | (586,231 | ) | 71,613 |
Noncontrolling interests | — |  | — |  | — |  | — |  | 889 |  | — |  | 889 |
Total equity | 71,613 |  | 146,657 |  | 127,897 |  | 45,872 |  | 266,694 |  | (586,231 | ) | 72,502 |
Total liabilities and equity | $ | 159,338 |  | $ | 147,267 |  | $ | 130,357 |  | $ | 55,172 |  | $ | 346,239 |  | $ | (586,689 | ) | $ | 251,684 |

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