10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
COMCAST CORP | |||
Ticker: CCZ Fiscal Year: 2022 | |||
Consolidated Statement of Income | |||
Period Ending Dec 31, 2022 10-K (Filed: Feb 3, 2023) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
| Revenue | $ 121,427 | 116,385 | 103,564 |
| Costs and Expenses: | |||
| Programming and production | 38,213 | 38,450 | 33,121 |
| Other operating and administrative | 38,263 | 35,619 | 33,109 |
| Advertising, marketing and promotion | 8,506 | 7,695 | 6,741 |
| Depreciation | 8,724 | 8,628 | 8,320 |
| Amortization | 5,097 | 5,176 | 4,780 |
| Goodwill and long-lived asset impairments | 8,583 | 0 | 0 |
| Total costs and expenses | 107,385 | 95,568 | 86,071 |
| Operating income | 14,041 | 20,817 | 17,493 |
| Interest expense | (3,896) | (4,281) | (4,588) |
| Investment and other income (loss), net | (861) | 2,557 | 1,160 |
| Income before income taxes | 9,284 | 19,093 | 14,065 |
| Income tax expense | (4,359) | (5,259) | (3,364) |
| Net income | 4,925 | 13,833 | 10,701 |
| Less: Net income (loss) attributable to noncontrolling interests | (445) | (325) | 167 |
| Net income attributable to Comcast Corporation | 5,370 | 14,159 | 10,534 |
| Basic earnings per common share attributable to Comcast Corporation shareholders (in dollars per share) | 1.22 | 3.09 | 2.30 |
| Diluted earnings per common share attributable to Comcast Corporation shareholders (in dollars per share) | 1.21 | 3.04 | 2.28 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
COMCAST CORP | |||
Ticker: CCZ Fiscal Year: 2022 | |||
Consolidated Statement of Comprehensive Income | |||
Period Ending Dec 31, 2022 10-K (Filed: Feb 3, 2023) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
| Net income | $ 4,925 | 13,833 | 10,701 |
| Currency translation adjustments, net of deferred taxes of $310, $76 and $(331) | (4,242) | (664) | 1,213 |
| Cash flow hedges: | |||
| Deferred gains (losses), net of deferred taxes of $(18), $(36) and $26 | 281 | 229 | (101) |
| Realized (gains) losses reclassified to net income, net of deferred taxes of $(3), $(4) and $31 | (192) | (16) | (147) |
| Employee benefit obligations and other, net of deferred taxes of $(11), $(16) and $20 | 33 | 54 | (68) |
| Comprehensive income (loss) | 805 | 13,436 | 11,598 |
| Less: Net income (loss) attributable to noncontrolling interests | (445) | (325) | 167 |
| Less: Other comprehensive income (loss) attributable to noncontrolling interests | (29) | 7 | 60 |
| Comprehensive income attributable to Comcast Corporation | 1,280 | 13,755 | 11,371 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
COMCAST CORP | |||
Ticker: CCZ Fiscal Year: 2022 | |||
Consolidated Statement of Cash Flows | |||
Period Ending Dec 31, 2022 10-K (Filed: Feb 3, 2023) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
| Operating Activities | |||
| Net income | $ 4,925 | 13,833 | 10,701 |
| Adjustments to reconcile net income to net cash provided by operating activities: | |||
| Depreciation and amortization | 13,821 | 13,804 | 13,100 |
| Goodwill and long-lived asset impairments | 8,583 | 0 | 0 |
| Share-based compensation | 1,336 | 1,315 | 1,193 |
| Noncash interest expense (income), net | 309 | 482 | 697 |
| Net (gain) loss on investment activity and other | 1,177 | (1,311) | (970) |
| Deferred income taxes | (834) | 1,892 | (550) |
| Changes in operating assets and liabilities, net of effects of acquisitions and divestitures: | |||
| Current and noncurrent receivables, net | (1,327) | (1,335) | (20) |
| Film and television costs, net | (451) | (680) | (244) |
| Accounts payable and accrued expenses related to trade creditors | 497 | 765 | (266) |
| Other operating assets and liabilities | (1,623) | 382 | 1,096 |
| Net cash provided by operating activities | 26,413 | 29,146 | 24,737 |
| Investing Activities | |||
| Capital expenditures | (10,626) | (9,174) | (9,179) |
| Cash paid for intangible assets | (3,141) | (2,883) | (2,455) |
| Construction of Universal Beijing Resort | (330) | (976) | (1,498) |
| Purchase of spectrum | 0 | 0 | (459) |
| Acquisitions, net of cash acquired | (12) | (1,374) | (233) |
| Proceeds from sales of businesses and investments | 1,985 | 684 | 2,339 |
| Purchases of investments | (2,274) | (174) | (812) |
| Other | 258 | 451 | 250 |
| Net cash provided by (used in) investing activities | (14,140) | (13,446) | (12,047) |
| Financing Activities | |||
| Proceeds from (repayments of) short-term borrowings, net | 660 | 0 | 0 |
| Proceeds from borrowings | 2,745 | 2,628 | 18,644 |
| Repurchases and repayments of debt | (2,307) | (11,498) | (18,777) |
| Repurchases of common stock under repurchase program and employee plans | (13,328) | (4,672) | (534) |
| Dividends paid | (4,741) | (4,532) | (4,140) |
| Other | 786 | (544) | (1,706) |
| Net cash provided by (used in) financing activities | (16,184) | (18,618) | (6,513) |
| Impact of foreign currency on cash, cash equivalents and restricted cash | (86) | (71) | 2 |
| Increase (decrease) in cash, cash equivalents and restricted cash | (3,997) | (2,989) | 6,179 |
| Cash, cash equivalents and restricted cash, beginning of year | 8,778 | 11,768 | |
| Cash, cash equivalents and restricted cash, end of year | 4,782 | 8,778 | 11,768 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
COMCAST CORP | ||
Ticker: CCZ Fiscal Year: 2022 | ||
Consolidated Balance Sheet | ||
Period Ending Dec 31, 2022 10-K (Filed: Feb 3, 2023) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2022 | Dec 31, 2021 | |
| Assets | ||
| Current Assets: | ||
| Cash and cash equivalents | $ 4,749 | 8,711 |
| Receivables, net | 12,672 | 12,008 |
| Other current assets | 4,406 | 4,088 |
| Total current assets | 21,826 | 24,807 |
| Film and television costs | 12,560 | 12,806 |
| Investments | 7,250 | 8,082 |
| Investment securing collateralized obligation | 490 | 605 |
| Property and equipment, net | 55,485 | 54,047 |
| Goodwill | 58,494 | 70,189 |
| Franchise rights | 59,365 | 59,365 |
| Other intangible assets, net | 29,308 | 33,580 |
| Other noncurrent assets, net | 12,497 | 12,424 |
| Total assets | 257,275 | 275,905 |
| Liabilities and Equity | ||
| Current Liabilities: | ||
| Accounts payable and accrued expenses related to trade creditors | 12,544 | 12,455 |
| Accrued participations and residuals | 1,770 | 1,822 |
| Deferred revenue | 2,380 | 3,040 |
| Accrued expenses and other current liabilities | 9,450 | 9,899 |
| Current portion of long-term debt | 1,743 | 2,132 |
| Total current liabilities | 27,887 | 29,348 |
| Long-term debt, less current portion | 93,068 | 92,718 |
| Collateralized obligation | 5,172 | 5,170 |
| Deferred income taxes | 28,714 | 30,041 |
| Other noncurrent liabilities | 20,395 | 20,620 |
| Commitments and contingencies | ||
| Redeemable noncontrolling interests | 411 | 519 |
| Equity: | ||
| Preferred stockauthorized, 20,000,000 shares; issued, zero | 0 | 0 |
| Additional paid-in capital | 39,412 | 40,173 |
| Retained earnings | 51,609 | 61,902 |
| Treasury stock, 872,791,028 Class A common shares | (7,517) | (7,517) |
| Accumulated other comprehensive income (loss) | (2,611) | 1,480 |
| Total Comcast Corporation shareholders equity | 80,943 | 96,092 |
| Noncontrolling interests | 684 | 1,398 |
| Total equity | 81,627 | 97,490 |
| Total liabilities and equity | 257,275 | 275,905 |
| Class of Stock | ||
| Class A common stock, $0.01 par valueauthorized, 7,500,000,000 shares; issued, 5,083,466,045 and 5,396,576,978; outstanding, 4,210,675,017 and 4,523,785,950 | ||
| Common stock | 51 | 54 |
| Class B Common Stock | ||
| Common stock | 0 | 0 |
| External Links | |
| COMCAST CORP (CCZ) Fiscal Year 2022 | |
| Statements of 10-K in Excel | https://www.sec.gov/.../Financial.xlxs |
| Complete 10-K in HTML | https://www.sec.gov/.../10-K.html |
| Complete 10-K in XBRL | https://www.sec.gov/.../10-K-xbrl.zip |