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Segment Information
 6 Months Ended
Jun. 30, 2021
Segment Reporting [Abstract]  
Segment Information Segment Information
In the first quarter of 2021, we changed our presentation of segment operating results. We now present our operations in five reportable business segments: (1) Comcast Cable in one reportable business segment, referred to as Cable Communications; (2) NBCUniversal in three reportable business segments: Media, Studios and Theme Parks (collectively, the “NBCUniversal segments”); and (3) Sky in one reportable business segment. The changes reflect a reorganized operating structure in NBCUniversal’s television and streaming businesses and primarily include: (i) the combination of NBCUniversal’s television networks (previously reported in Cable Networks and Broadcast Television) with the operations of Peacock (previously reported in Corporate and Other) in the Media segment, and (ii) the presentation of NBCUniversal’s television studio production operations (previously reported in Cable Networks and Broadcast Television) with the studio operations of Filmed Entertainment in the Studios segment. Prior periods have been adjusted to reflect this presentation.
Cable Communications is a leading provider of broadband, video, voice, wireless, and security and automation services to residential customers under the Xfinity brand; we also provide these and other services to business customers and sell advertising. Revenue is generated primarily from residential and business customers that subscribe to our services, which are marketed individually and as bundled services, and from the sale of advertising.
Media consists primarily of NBCUniversal’s television and streaming platforms, including national, regional and international cable networks; the NBC and Telemundo broadcast networks; NBC and Telemundo owned local broadcast television stations; Peacock, our direct-to-consumer streaming service; and various digital properties. Revenue is generated primarily from the sale of advertising on our television networks, Peacock and digital properties; and the fees received from the distribution of our television network programming to traditional and virtual multichannel video providers and from NBC-affiliated and Telemundo-affiliated local broadcast television stations. Media also generates other revenue from various digital properties.
Studios consists primarily of NBCUniversal’s film and television studio production and distribution operations. Revenue is generated primarily from the licensing of our owned film and television content to broadcast, cable and premium networks, and to direct-to-consumer streaming service providers, as well as through video on demand and pay-per-view services provided by multichannel video providers and over-the-top service providers; from the worldwide distribution of our produced and acquired films for exhibition in movie theaters; and from the sale of owned content on DVDs, Blu-ray discs and through digital distribution services.
Theme Parks consists primarily of our Universal theme parks in Orlando, Florida; Hollywood, California; and Osaka, Japan. In addition, we are developing a theme park in Beijing, China along with a consortium of Chinese state-owned companies, and an additional theme park in Orlando, Florida. Revenue is generated primarily from guest spending at our Universal theme parks.
Sky is one of Europe’s leading entertainment companies, which primarily includes a direct-to-consumer business, providing video, broadband, voice and wireless phone services, and a content business, operating entertainment networks, the Sky News broadcast network and Sky Sports networks. Revenue is generated primarily from residential and business customers that
subscribe to our services; from the distribution of Sky’s owned television networks on third-party platforms and the licensing of owned and acquired programming to third-party video providers; and from the sale of advertising.
Our other business interests consist primarily of the operations of Comcast Spectacor, which owns the Philadelphia Flyers and the Wells Fargo Center arena in Philadelphia, Pennsylvania, and other business initiatives.
We use Adjusted EBITDA to evaluate the profitability of our operating segments and the components of net income attributable to Comcast Corporation excluded from Adjusted EBITDA are not separately evaluated. Our financial data by reportable segment is presented in the tables below.
 Three Months Ended June 30, 2021
(in millions)
Revenue(a)
Adjusted EBITDA(b)
Depreciation and AmortizationCapital
Expenditures		Cash Paid for Intangible Assets
Cable Communications$16,002 $7,073 $1,950 $1,695 $337 
NBCUniversal
Media5,148 1,378 254 19 42 
Studios2,224 156 12 1 5 
Theme Parks1,095 221 195 100 8 
Headquarters and Other22 (186)125 62 30 
Eliminations(a)
(534)(15)— — — 
NBCUniversal7,955 1,553 586 182 86 
Sky5,220 560 826 184 211 
Corporate and Other92 (261)21 83 37 
Eliminations(a)
(723)2 — — — 
Comcast Consolidated$28,546 $8,927 $3,383 $2,144 $671 
 Three Months Ended June 30, 2020
(in millions)
Revenue(a)
Adjusted EBITDA(b)
Depreciation and AmortizationCapital
Expenditures		Cash Paid for Intangible Assets
Cable Communications$14,428 $6,176 $1,937 $1,452 $326 
NBCUniversal
Media4,096 1,636 244 29 49 
Studios2,052 323 15 2 2 
Theme Parks136 (393)191 295 16 
Headquarters and Other11 (82)129 54 37 
Eliminations(a)
(580)(104)— — — 
NBCUniversal5,715 1,380 579 380 104 
Sky4,079 749 720 215 170 
Corporate and Other40 (389)28 29 1 
Eliminations(a)
(547)11 — — — 
Comcast Consolidated$23,715 $7,927 $3,264 $2,076 $601 
 Six Months Ended June 30, 2021
(in millions)
Revenue(a)
Adjusted EBITDA(b)
Depreciation and Amortization
Capital
Expenditures
Cash Paid for Intangible Assets
Cable Communications$31,807 $13,903 $3,880 $3,065 $652 
NBCUniversal
Media10,184 2,851 501 29 75 
Studios4,620 653 25 2 7 
Theme Parks1,714 159 402 226 15 
Headquarters and Other38 (395)241 98 57 
Eliminations(a)
(1,576)(225)— — — 
NBCUniversal14,980 3,043 1,168 354 153 
Sky10,217 924 1,640 455 412 
Corporate and Other181 (541)57 128 65 
Eliminations(a)
(1,434)11 — — — 
Comcast Consolidated$55,751 $17,339 $6,745 $4,003 $1,283 
 Six Months Ended June 30, 2020
(in millions)
Revenue(a)
Adjusted EBITDA(b)
Depreciation and Amortization
Capital
Expenditures
Cash Paid for Intangible Assets
Cable Communications$29,346 $12,252 $3,883 $2,721 $682 
NBCUniversal
Media8,974 3,165 487 60 87 
Studios4,461 623 32 6 3 
Theme Parks1,061 (306)381 591 31 
Headquarters and Other20 (303)245 100 78 
Eliminations(a)
(1,072)(110)— — — 
NBCUniversal13,444 3,069 1,145 757 199 
Sky8,596 1,300 1,438 412 336 
Corporate and Other160 (582)62 67 2 
Eliminations(a)
(1,222)18 — — — 
Comcast Consolidated$50,324 $16,057 $6,528 $3,957 $1,219 
(a)Included in Eliminations are transactions that our segments enter into with one another. Our segments generally report transactions with one another as if they were stand-alone businesses in accordance with GAAP, and these transactions are eliminated in consolidation. When multiple segments enter into transactions to provide products and services to third parties, revenue is generally allocated to our segments based on relative value. The most significant transactions between our segments include distribution revenue at Media for fees received from Cable Communications for the sale of cable network programming and under retransmission consent agreements; content licensing revenue at Studios for licenses of owned content to Media and Sky; and advertising revenue at Media and Cable Communications. Revenue for licenses of content from Studios to Media and Sky is generally recognized at a point in time, consistent with the recognition of transactions with third parties, when the content is delivered and made available for use. The costs of these licenses at Media and Sky are recognized as the content is used over the license period. The difference in timing of recognition between segments results in an Adjusted EBITDA impact in eliminations, as the profits (losses) on these transactions are deferred in our consolidated results and recognized as the content is used over the license period. Under the previous segment structure, revenue for licenses of content between our previous NBCUniversal segments was recognized over time to correspond with the amortization of the costs of licensed content over the license period.
A summary of revenue for each of our segments resulting from transactions with other segments and eliminated in consolidation is presented in the table below.
Three Months Ended
June 30,		Six Months Ended
June 30,
(in millions)2021202020212020
Cable Communications$47 $41 $93 $82 
NBCUniversal
Media543 426 1,082 967 
Studios589 625 1,678 1,165 
Theme Parks— — 1 — 
Headquarters and Other17 4 29 7 
Sky15 7 23 9 
Corporate and Other47 24 105 64 
Total intersegment revenue$1,257 $1,127 $3,010 $2,294 
(b)We use Adjusted EBITDA as the measure of profit or loss for our operating segments. From time to time we may report the impact of certain events, gains, losses or other charges related to our operating segments (such as certain costs incurred in response to COVID-19, including severance charges), within Corporate and Other. Our reconciliation of the aggregate amount of Adjusted EBITDA for our reportable segments to consolidated income before income taxes is presented in the table below.
 Three Months Ended
June 30,		Six Months Ended
June 30,
(in millions)
2021202020212020
Adjusted EBITDA$8,927 $7,927 $17,339 $16,057 
Adjustments(36)(16)(48)(30)
Depreciation(2,113)(2,099)(4,231)(4,206)
Amortization(1,270)(1,165)(2,514)(2,322)
Interest expense
(1,093)(1,112)(2,112)(2,324)
Investment and other income (loss), net1,216 420 1,607 (296)
Income before income taxes$5,630 $3,955 $10,042 $6,879 
Adjustments represent the impacts of certain events, gains, losses or other charges that are excluded from Adjusted EBITDA, including Sky transaction-related costs and costs related to our investment portfolio.
Goodwill by Segment
The changes in the carrying amount of goodwill by segment for the six months ended June 30, 2021 are as follows:
  NBCUniversal  
(in billions)Cable
Communications		Cable
Networks		Broadcast
Television		Filmed
Entertainment		MediaStudiosTheme
Parks		SkyCorporate
and Other		Total
Balance, December 31, 2020$15.3 $14.0 $1.1 $3.3 $— $— $7.0 $30.0 $— $70.7 
Segment change— (14.0)(1.1)(3.3)14.7 3.7 — — — — 
Foreign currency translation and other0.1 — — — — — (0.4)0.1 — (0.2)
Balance, June 30, 2021$15.4 $— $— $— $14.7 $3.7 $6.6 $30.0 $— $70.4