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: 2020 | |||
Consolidated Statement of Income | |||
Period Ending Dec 31, 2020 10-K (Filed: Feb 4, 2021) | |||
(In Millions, except shares in actual) | |||
12 Months Ended | 12 Months Ended | 12 Months Ended | |
Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
Revenue | $ 103,564 | 108,942 | 94,507 |
Costs and Expenses: | |||
Programming and production | 33,121 | 34,440 | 29,692 |
Other operating and administrative | 33,109 | 32,807 | 28,094 |
Advertising, marketing and promotion | 6,741 | 7,617 | 7,036 |
Depreciation | 8,320 | 8,663 | 8,281 |
Amortization | 4,780 | 4,290 | 2,736 |
Other operating gains | 0 | 0 | (341) |
Total costs and expenses | 86,071 | 87,817 | 75,498 |
Operating income (loss) | 17,493 | 21,125 | 19,009 |
Interest expense | (4,588) | (4,567) | (3,542) |
Investment and other income (loss), net | 1,160 | 438 | (225) |
Income before income taxes | 14,065 | 16,996 | 15,242 |
Income tax (expense) benefit | (3,364) | (3,673) | (3,380) |
Net income | 10,701 | 13,323 | 11,862 |
Less: Net income attributable to noncontrolling interests and redeemable subsidiary preferred stock | 167 | 266 | 131 |
Net income attributable to Comcast Corporation | 10,534 | 13,057 | 11,731 |
Basic earnings per common share attributable to Comcast Corporation shareholders (in dollars per share) | 2.30 | 2.87 | 2.56 |
Diluted earnings per common share attributable to Comcast Corporation shareholders (in dollars per share) | 2.28 | 2.83 | 2.53 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
COMCAST CORP | |||
Ticker: CCZ Fiscal Year: 2020 | |||
Consolidated Statement of Comprehensive Income | |||
Period Ending Dec 31, 2020 10-K (Filed: Feb 4, 2021) | |||
(In Millions, except shares in actual) | |||
12 Months Ended | 12 Months Ended | 12 Months Ended | |
Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
Net income | $ 10,701 | 13,323 | 11,862 |
Currency translation adjustments, net of deferred taxes of $(331), $(66) and $9 | 1,213 | 1,375 | (916) |
Cash flow hedges: | |||
Deferred gains (losses), net of deferred taxes of $26, $(4) and $(3) | (101) | 19 | 50 |
Realized (gains) losses reclassified to net income, net of deferred taxes of $31, $(10) and $(4) | (147) | 65 | (6) |
Employee benefit obligations and other, net of deferred taxes of $20, $16 and $(3) | (68) | (57) | 8 |
Comprehensive income | 11,598 | 14,725 | 10,998 |
Less: Net income attributable to noncontrolling interests and redeemable subsidiary preferred stock | 167 | 266 | 131 |
Less: Other comprehensive income (loss) attributable to noncontrolling interests | 60 | (13) | (41) |
Comprehensive income attributable to Comcast Corporation | 11,371 | 14,472 | 10,908 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
COMCAST CORP | |||
Ticker: CCZ Fiscal Year: 2020 | |||
Consolidated Statement of Cash Flows | |||
Period Ending Dec 31, 2020 10-K (Filed: Feb 4, 2021) | |||
(In Millions, except shares in actual) | |||
12 Months Ended | 12 Months Ended | 12 Months Ended | |
Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
Operating Activities | |||
Net income | $ 10,701 | 13,323 | 11,862 |
Adjustments to reconcile net income to net cash provided by operating activities: | |||
Depreciation, amortization and other operating gains | 13,100 | 12,953 | 10,676 |
Share-based compensation | 1,193 | 1,021 | 826 |
Noncash interest expense (income), net | 697 | 417 | 364 |
Net (gain) loss on investment activity and other | (970) | (20) | 576 |
Deferred income taxes | (550) | 563 | 290 |
Changes in operating assets and liabilities, net of effects of acquisitions and divestitures: | |||
Current and noncurrent receivables, net | (20) | (57) | (802) |
Film and television costs, net | (244) | (929) | (395) |
Accounts payable and accrued expenses related to trade creditors | (266) | (347) | (394) |
Other operating assets and liabilities | 1,096 | (1,227) | 1,294 |
Net cash provided by operating activities | 24,737 | 25,697 | 24,297 |
Investing Activities | |||
Capital expenditures | (9,179) | (9,953) | (9,774) |
Cash paid for intangible assets | (2,455) | (2,475) | (1,935) |
Construction of Universal Beijing Resort | (1,498) | (1,116) | (460) |
Purchase of spectrum | (459) | 0 | 0 |
Acquisitions, net of cash acquired | (233) | (370) | (38,219) |
Proceeds from sales of businesses and investments | 2,339 | 886 | 141 |
Purchases of investments | (812) | (1,899) | (1,257) |
Other | 250 | 86 | 650 |
Net cash provided by (used in) investing activities | (12,047) | (14,841) | (50,854) |
Financing Activities | |||
Proceeds from (repayments of) short-term borrowings, net | 0 | (1,288) | 379 |
Proceeds from borrowings | 18,644 | 5,479 | 44,781 |
Proceeds from collateralized obligation | 0 | 5,175 | 0 |
Repurchases and repayments of debt | (18,777) | (14,354) | (8,798) |
Repurchases of common stock under repurchase program and employee plans | (534) | (504) | (5,320) |
Dividends paid | (4,140) | (3,735) | (3,352) |
Other | (1,706) | 46 | (550) |
Net cash provided by (used in) financing activities | (6,513) | (9,181) | 27,140 |
Impact of foreign currency on cash, cash equivalents and restricted cash | 2 | 5 | (245) |
Increase (decrease) in cash, cash equivalents and restricted cash | 6,179 | 1,680 | 338 |
Cash, cash equivalents and restricted cash, beginning of year | 5,589 | 3,909 | |
Cash, cash equivalents and restricted cash, end of year | 11,768 | 5,589 | 3,909 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
COMCAST CORP | ||
Ticker: CCZ Fiscal Year: 2020 | ||
Consolidated Balance Sheet | ||
Period Ending Dec 31, 2020 10-K (Filed: Feb 4, 2021) | ||
(In Millions, except shares in actual) | ||
As of | As of | |
Dec 31, 2020 | Dec 31, 2019 | |
Assets | ||
Current Assets: | ||
Cash and cash equivalents | $ 11,740 | 5,500 |
Receivables, net | 11,466 | 11,292 |
Programming rights | 0 | |
Programming rights | 3,877 | |
Other current assets | 3,535 | 4,723 |
Total current assets | 26,741 | 25,392 |
Film and television costs | 13,340 | |
Film and television costs | 8,933 | |
Investments | 7,820 | 6,989 |
Investment securing collateralized obligation | 447 | 694 |
Property and equipment, net | 51,995 | 48,322 |
Goodwill | 70,669 | 68,725 |
Franchise rights | 59,365 | 59,365 |
Other intangible assets, net | 35,389 | 36,128 |
Other noncurrent assets, net | 8,103 | 8,866 |
Total assets | 273,869 | 263,414 |
Liabilities and Equity | ||
Current Liabilities: | ||
Accounts payable and accrued expenses related to trade creditors | 11,364 | 10,826 |
Accrued participations and residuals | 1,706 | 1,730 |
Deferred revenue | 2,963 | 2,768 |
Accrued expenses and other current liabilities | 9,617 | 10,516 |
Current portion of long-term debt | 3,146 | 4,452 |
Total current liabilities | 28,796 | 30,292 |
Long-term debt, less current portion | 100,614 | 97,765 |
Collateralized obligation | 5,168 | 5,166 |
Deferred income taxes | 28,051 | 28,180 |
Other noncurrent liabilities | 18,222 | 16,765 |
Commitments and contingencies | ||
Redeemable noncontrolling interests and redeemable subsidiary preferred stock | 1,280 | 1,372 |
Equity: | ||
Preferred stock | 0 | 0 |
Additional paid-in capital | 39,464 | 38,447 |
Retained earnings | 56,438 | 50,695 |
Treasury stock | (7,517) | (7,517) |
Accumulated other comprehensive income (loss) | 1,884 | 1,047 |
Total Comcast Corporation shareholders equity | 90,323 | 82,726 |
Noncontrolling interests | 1,415 | 1,148 |
Total equity | 91,738 | 83,874 |
Total liabilities and equity | 273,869 | 263,414 |
Class of Stock | ||
Class A Common Stock | ||
Common stock | 54 | 54 |
Class B Common Stock | ||
Common stock | 0 | 0 |
External Links | |
COMCAST CORP (CCZ) Fiscal Year 2020 | |
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 |