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: 2015 | |||
Consolidated Statement of Income | |||
Period Ending Dec 31, 2015 10-K (Filed: Feb 5, 2016) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2015 | Dec 31, 2014 | Dec 31, 2013 | |
| Revenue | $ 74,510 | 68,775 | 64,657 |
| Costs and Expenses: | |||
| Programming and production | 22,550 | 20,912 | 19,670 |
| Other operating and administrative | 21,339 | 19,854 | 18,575 |
| Advertising, marketing and promotion | 5,943 | 5,086 | 4,978 |
| Depreciation | 6,781 | 6,337 | 6,254 |
| Amortization | 1,899 | 1,682 | 1,617 |
| Total costs and expenses | 58,512 | 53,871 | 51,094 |
| Operating income | 15,998 | 14,904 | 13,563 |
| Other Income (Expense): | |||
| Interest expense | (2,702) | (2,617) | (2,574) |
| Investment income (loss), net | 81 | 296 | 576 |
| Equity in net income (losses) of investees, net | (325) | 97 | (86) |
| Other income (expense), net | 320 | (215) | (364) |
| Nonoperating income (expense) | (2,626) | (2,439) | (2,448) |
| Income before income taxes | 13,372 | 12,465 | 11,115 |
| Income tax expense | (4,959) | (3,873) | (3,980) |
| Net income | 8,413 | 8,592 | 7,135 |
| Net (income) loss attributable to noncontrolling interests and redeemable subsidiary preferred stock | (250) | (212) | (319) |
| Net income attributable to Parent | 8,163 | 8,380 | 6,816 |
| Basic earnings per common share attributable to Comcast Corporation shareholders | 3.28 | 3.24 | 2.60 |
| Diluted earnings per common share attributable to Comcast Corporation shareholders | 3.24 | 3.20 | 2.56 |
| Dividends declared per common share | 1.00 | 0.90 | 0.78 |
| Legal Entity | |||
| NBCUniversal Media LLC | |||
| Revenue | 28,462 | 25,428 | 23,650 |
| Programming and production | 13,418 | 12,318 | 11,770 |
| Other operating and administrative | 5,891 | 5,364 | 4,949 |
| Advertising, marketing and promotion | 2,795 | 2,158 | 2,199 |
| Depreciation | 669 | 654 | 639 |
| Amortization | 870 | 841 | 772 |
| Total costs and expenses | 23,643 | 21,335 | 20,329 |
| Operating income | 4,819 | 4,093 | 3,321 |
| Interest expense | (495) | (508) | (515) |
| Investment income (loss), net | 5 | 27 | 17 |
| Equity in net income (losses) of investees, net | (376) | 46 | (93) |
| Other income (expense), net | (102) | (218) | (402) |
| Nonoperating income (expense) | (968) | (653) | (993) |
| Income before income taxes | 3,851 | 3,440 | 2,328 |
| Income tax expense | (227) | (143) | (206) |
| Net income | 3,624 | 3,297 | 2,122 |
| Net income attributable to Parent | 3,414 | 3,115 | 1,968 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
COMCAST CORP | |||
Ticker: CCZ Fiscal Year: 2015 | |||
Consolidated Statement of Comprehensive Income | |||
Period Ending Dec 31, 2015 10-K (Filed: Feb 5, 2016) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2015 | Dec 31, 2014 | Dec 31, 2013 | |
| Net income | $ 8,413 | 8,592 | 7,135 |
| Unrealized gains (losses) on marketable securities, net of deferred taxes | 1 | 33 | 185 |
| Deferred gains (losses) on cash flow hedges, net of deferred taxes | (106) | (5) | 25 |
| Amounts reclassified to net income: | |||
| Realized (gains) losses on marketable securities, net of deferred taxes | (1) | (99) | (301) |
| Realized (gains) losses on cash flow hedges, net of deferred taxes | 64 | 46 | (3) |
| Employee benefit obligations, net of deferred taxes | 74 | (139) | 181 |
| Currency translation adjustments, net of deferred taxes | (89) | (38) | (29) |
| Comprehensive income | 8,356 | 8,390 | 7,193 |
| Net (income) loss attributable to noncontrolling interests and redeemable subsidiary preferred stock | (250) | (212) | (319) |
| Other comprehensive (income) loss attributable to noncontrolling interests | 29 | 0 | 9 |
| Comprehensive income attributable to Parent | 8,135 | 8,178 | 6,883 |
| Legal Entity | |||
| NBCUniversal Media LLC | |||
| Net income | 3,624 | 3,297 | 2,122 |
| Unrealized gains (losses) on marketable securities, net of deferred taxes | 0 | 0 | 0 |
| Deferred gains (losses) on cash flow hedges, net of deferred taxes | (21) | 25 | (5) |
| Employee benefit obligations, net of deferred taxes | 60 | (106) | 95 |
| Currency translation adjustments, net of deferred taxes | (121) | (62) | (41) |
| Comprehensive income | 3,542 | 3,154 | 2,171 |
| Net (income) loss attributable to noncontrolling interests | (210) | (182) | (154) |
| Other comprehensive (income) loss attributable to noncontrolling interests | 29 | 0 | 0 |
| Comprehensive income attributable to Parent | 3,361 | 2,972 | 2,017 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
COMCAST CORP | |||
Ticker: CCZ Fiscal Year: 2015 | |||
Consolidated Statement of Cash Flows | |||
Period Ending Dec 31, 2015 10-K (Filed: Feb 5, 2016) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2015 | Dec 31, 2014 | Dec 31, 2013 | |
| Operating Activities | |||
| Net income | $ 8,413 | 8,592 | 7,135 |
| Adjustments to reconcile net income to net cash provided by operating activities: | |||
| Depreciation and amortization | 8,680 | 8,019 | 7,871 |
| Share-based compensation | 567 | 513 | 419 |
| Noncash interest expense (income), net | 205 | 180 | 167 |
| Equity in net (income) losses of investees, net | 325 | (97) | 86 |
| Cash received from investees | 168 | 104 | 120 |
| Net (gain) loss on investment activity and other | (318) | 4 | (169) |
| Deferred income taxes | 958 | 1,165 | 16 |
| Changes in operating assets and liabilities, net of effects of acquisitions and divestitures: | |||
| Current and noncurrent receivables, net | (708) | (33) | (721) |
| Film and television costs, net | (299) | (562) | 44 |
| Accounts payable and accrued expenses related to trade creditors (cash flow) | 384 | 153 | (667) |
| Other operating assets and liabilities | 403 | (1,093) | (141) |
| Net cash provided by operating activities | 18,778 | 16,945 | 14,160 |
| Investing Activities | |||
| Capital expenditures | (8,499) | (7,420) | (6,596) |
| Cash paid for intangible assets | (1,370) | (1,122) | (1,009) |
| Acquisitions and construction of real estate properties | (178) | (43) | (1,904) |
| Acquisitions, net of cash acquired | (1,786) | (477) | (99) |
| Proceeds from sales of businesses and investments | 433 | 666 | 1,083 |
| Purchases of investments | (784) | (191) | (1,223) |
| Other | 220 | (146) | 234 |
| Net cash provided by (used in) investing activities | (11,964) | (8,733) | (9,514) |
| Financing Activities | |||
| Proceeds from (repayments of) short-term borrowings, net | 135 | (504) | 1,345 |
| Proceeds from borrowings | 5,486 | 4,182 | 2,933 |
| Repurchases and repayments of debt | (4,378) | (3,175) | (2,444) |
| Repurchases and retirements of common stock | (6,750) | (4,251) | (2,000) |
| Dividends paid | (2,437) | (2,254) | (1,964) |
| Issuances of common stock | 36 | 35 | 40 |
| Purchase of NBCUniversal noncontrolling common equity interest | (10,761) | ||
| Distributions to noncontrolling interests and dividends for redeemable subsidiary preferred stock | (232) | (220) | (215) |
| Settlement of Station Venture liability | (602) | ||
| Other | (289) | 167 | (211) |
| Net cash provided by (used in) financing activities | (8,429) | (6,020) | (13,879) |
| Increase (decrease) in cash and cash equivalents | (1,615) | 2,192 | (9,233) |
| Cash and cash equivalents, beginning of period | 3,910 | 1,718 | |
| Cash and cash equivalents, end of period | 2,295 | 3,910 | 1,718 |
| Legal Entity | |||
| NBCUniversal Media LLC | |||
| Net income | 3,624 | 3,297 | 2,122 |
| Depreciation and amortization | 1,539 | 1,495 | 1,411 |
| Share-based compensation | 0 | 0 | 7 |
| Equity in net (income) losses of investees, net | 376 | (46) | 93 |
| Cash received from investees | 60 | 74 | 90 |
| Net (gain) loss on investment activity and other | 56 | 136 | 345 |
| Deferred income taxes | (11) | (12) | (10) |
| Current and noncurrent receivables, net | (718) | (25) | (752) |
| Film and television costs, net | (304) | (571) | 2 |
| Accounts payable and accrued expenses related to trade creditors (cash flow) | 97 | (88) | (789) |
| Other operating assets and liabilities | 585 | 264 | 505 |
| Net cash provided by operating activities | 5,304 | 4,524 | 3,024 |
| Capital expenditures | (1,386) | (1,221) | (1,160) |
| Cash paid for intangible assets | (211) | (130) | (113) |
| Acquisitions of real estate properties | 0 | 0 | (1,705) |
| Acquisitions, net of cash acquired | (1,522) | (118) | (111) |
| Proceeds from sales of businesses and investments | 218 | 13 | 2 |
| Purchases of investments | (649) | (35) | (236) |
| Other | 150 | (122) | 111 |
| Net cash provided by (used in) investing activities | (3,400) | (1,613) | (3,212) |
| Repurchases and repayments of debt | (1,022) | (906) | (92) |
| Proceeds from (repayments of) borrowings from Comcast, net | 854 | 97 | 799 |
| Redemption Transaction distribution | 0 | 0 | (3,200) |
| Distributions to member | (1,385) | (1,641) | (1,422) |
| Distributions to noncontrolling interests | (189) | (177) | (183) |
| Settlement of Station Venture liability | 0 | 0 | (602) |
| Other | 0 | (3) | (66) |
| Net cash provided by (used in) financing activities | (1,742) | (2,630) | (4,766) |
| Increase (decrease) in cash and cash equivalents | 162 | 281 | (4,954) |
| Cash and cash equivalents, beginning of period | 1,410 | 967 | 967 |
| Cash and cash equivalents, end of period | 1,410 | 967 | 967 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
COMCAST CORP | ||
Ticker: CCZ Fiscal Year: 2015 | ||
Consolidated Balance Sheet | ||
Period Ending Dec 31, 2015 10-K (Filed: Feb 5, 2016) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2015 | Dec 31, 2014 | |
| Assets | ||
| Current Assets: | ||
| Cash and cash equivalents | $ 2,295 | 3,910 |
| Investments [Current] | 106 | 602 |
| Receivables, net | 6,896 | 6,321 |
| Programming rights | 1,213 | 839 |
| Other current assets | 1,793 | 1,859 |
| Total current assets | 12,303 | 13,531 |
| Film and television costs | 5,855 | 5,727 |
| Investments | 3,224 | 3,135 |
| Property and equipment, net | 33,665 | 30,953 |
| Franchise rights | 59,364 | 59,364 |
| Goodwill | 32,945 | 27,316 |
| Other intangible assets, net | 16,946 | 16,980 |
| Other noncurrent assets, net | 2,272 | 2,180 |
| Total assets | 166,574 | 159,186 |
| Liabilities and Equity | ||
| Current Liabilities: | ||
| Accounts payable and accrued expenses related to trade creditors | 6,215 | 5,638 |
| Accrued participations and residuals | 1,572 | 1,347 |
| Deferred revenue | 1,302 | 915 |
| Accrued expenses and other current liabilities | 5,462 | 5,293 |
| Current portion of long-term debt | 3,627 | 4,217 |
| Total current liabilities | 18,178 | 17,410 |
| Long-term debt, less current portion | 48,994 | 43,864 |
| Deferred income taxes | 33,566 | 32,959 |
| Other noncurrent liabilities | 10,637 | 10,819 |
| Commitments and contingencies | ||
| Redeemable noncontrolling interests and redeemable subsidiary preferred stock | 1,221 | 1,066 |
| Equity: | ||
| Preferred stock - authorized, 20,000,000 shares; issued, zero | 0 | 0 |
| Common stock | 29 | 30 |
| Additional paid-in capital | 38,518 | 38,805 |
| Retained earnings | 21,413 | 21,539 |
| Treasury stock | (7,517) | (7,517) |
| Accumulated other comprehensive income (loss) | (174) | (146) |
| Total Comcast Corporation shareholders' equity | 52,269 | 52,711 |
| Noncontrolling interests | 1,709 | 357 |
| Total equity | 53,978 | 53,068 |
| Total liabilities and equity | 166,574 | 159,186 |
| Class of Stock | ||
| Class A Common Stock | ||
| Common stock | 29 | 25 |
| Class B Common Stock | ||
| Common stock | 0 | 0 |
| Class A Special Common Stock | ||
| Common stock | 5 | |
| Legal Entity | ||
| NBCUniversal Media LLC | ||
| Cash and cash equivalents | 1,410 | 1,248 |
| Receivables, net | 5,411 | 4,842 |
| Programming rights | 1,200 | 825 |
| Other current assets | 841 | 823 |
| Total current assets | 8,862 | 7,738 |
| Film and television costs | 5,847 | 5,714 |
| Investments | 965 | 882 |
| Property and equipment, net | 9,521 | 8,138 |
| Goodwill | 20,364 | 14,908 |
| Intangible assets, net | 13,806 | 14,187 |
| Other noncurrent assets, net | 1,325 | 1,037 |
| Total assets | 60,690 | 52,604 |
| Accounts payable and accrued expenses related to trade creditors | 1,564 | 1,388 |
| Accrued participations and residuals | 1,572 | 1,347 |
| Program obligations | 765 | 687 |
| Deferred revenue | 1,242 | 821 |
| Accrued expenses and other current liabilities | 1,675 | 1,422 |
| Note payable to Comcast | 1,750 | 865 |
| Current portion of long-term debt | 1,163 | 1,023 |
| Total current liabilities | 9,731 | 7,553 |
| Long-term debt, less current portion | 11,331 | 9,214 |
| Accrued participations residuals and program obligations | 1,163 | 1,149 |
| Other noncurrent liabilities | 3,790 | 3,721 |
| Commitments and contingencies | ||
| Redeemable noncontrolling interests | 372 | 330 |
| Member's capital | 32,834 | 30,529 |
| Accumulated other comprehensive income (loss) | (212) | (159) |
| Total NBCUniversal member's equity | 32,622 | 30,370 |
| Noncontrolling interests | 1,681 | 267 |
| Total equity | 34,303 | 30,637 |
| Total liabilities and equity | 60,690 | 52,604 |
| External Links | |
| COMCAST CORP (CCZ) Fiscal Year 2015 | |
| 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 |