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: 2021 | |||
Consolidated Statement of Income | |||
Period Ending Dec 31, 2021 10-K (Filed: Feb 2, 2022) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
| Revenue | $ 116,385 | 103,564 | 108,942 |
| Costs and Expenses: | |||
| Programming and production | 38,450 | 33,121 | 34,440 |
| Other operating and administrative | 35,619 | 33,109 | 32,807 |
| Advertising, marketing and promotion | 7,695 | 6,741 | 7,617 |
| Depreciation | 8,628 | 8,320 | 8,663 |
| Amortization | 5,176 | 4,780 | 4,290 |
| Total costs and expenses | 95,568 | 86,071 | 87,817 |
| Operating income | 20,817 | 17,493 | 21,125 |
| Interest expense | (4,281) | (4,588) | (4,567) |
| Investment and other income (loss), net | 2,557 | 1,160 | 438 |
| Income before income taxes | 19,093 | 14,065 | 16,996 |
| Income tax expense | (5,259) | (3,364) | (3,673) |
| Net income | 13,833 | 10,701 | 13,323 |
| Less: Net income (loss) attributable to noncontrolling interests and redeemable subsidiary preferred stock | (325) | 167 | 266 |
| Net income attributable to Comcast Corporation | 14,159 | 10,534 | 13,057 |
| Basic earnings per common share attributable to Comcast Corporation shareholders (in dollars per share) | 3.09 | 2.30 | 2.87 |
| Diluted earnings per common share attributable to Comcast Corporation shareholders (in dollars per share) | 3.04 | 2.28 | 2.83 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
COMCAST CORP | |||
Ticker: CCZ Fiscal Year: 2021 | |||
Consolidated Statement of Comprehensive Income | |||
Period Ending Dec 31, 2021 10-K (Filed: Feb 2, 2022) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
| Net income | $ 13,833 | 10,701 | 13,323 |
| Currency translation adjustments, net of deferred taxes of $76, $(331) and $(66) | (664) | 1,213 | 1,375 |
| Cash flow hedges: | |||
| Deferred gains (losses), net of deferred taxes of $(36), $26 and $(4) | 229 | (101) | 19 |
| Realized (gains) losses reclassified to net income, net of deferred taxes of $(4), $31 and $(10) | (16) | (147) | 65 |
| Employee benefit obligations and other, net of deferred taxes of $(16), $20 and $16 | 54 | (68) | (57) |
| Comprehensive income | 13,436 | 11,598 | 14,725 |
| Less: Net income (loss) attributable to noncontrolling interests and redeemable subsidiary preferred stock | (325) | 167 | 266 |
| Less: Other comprehensive income (loss) attributable to noncontrolling interests | 7 | 60 | (13) |
| Comprehensive income attributable to Comcast Corporation | 13,755 | 11,371 | 14,472 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
COMCAST CORP | |||
Ticker: CCZ Fiscal Year: 2021 | |||
Consolidated Statement of Cash Flows | |||
Period Ending Dec 31, 2021 10-K (Filed: Feb 2, 2022) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
| Operating Activities | |||
| Net income | $ 13,833 | 10,701 | 13,323 |
| Adjustments to reconcile net income to net cash provided by operating activities: | |||
| Depreciation and amortization | 13,804 | 13,100 | 12,953 |
| Share-based compensation | 1,315 | 1,193 | 1,021 |
| Noncash interest expense (income), net | 482 | 697 | 417 |
| Net (gain) loss on investment activity and other | (1,311) | (970) | (20) |
| Deferred income taxes | 1,892 | (550) | 563 |
| Changes in operating assets and liabilities, net of effects of acquisitions and divestitures: | |||
| Current and noncurrent receivables, net | (1,335) | (20) | (57) |
| Film and television costs, net | (680) | (244) | (929) |
| Accounts payable and accrued expenses related to trade creditors | 765 | (266) | (347) |
| Other operating assets and liabilities | 382 | 1,096 | (1,227) |
| Net cash provided by operating activities | 29,146 | 24,737 | 25,697 |
| Investing Activities | |||
| Capital expenditures | (9,174) | (9,179) | (9,953) |
| Cash paid for intangible assets | (2,883) | (2,455) | (2,475) |
| Construction of Universal Beijing Resort | (976) | (1,498) | (1,116) |
| Purchase of spectrum | 0 | (459) | 0 |
| Acquisitions, net of cash acquired | (1,374) | (233) | (370) |
| Proceeds from sales of businesses and investments | 684 | 2,339 | 886 |
| Purchases of investments | (174) | (812) | (1,899) |
| Other | 451 | 250 | 86 |
| Net cash provided by (used in) investing activities | (13,446) | (12,047) | (14,841) |
| Financing Activities | |||
| Proceeds from (repayments of) short-term borrowings, net | 0 | 0 | (1,288) |
| Proceeds from borrowings | 2,628 | 18,644 | 5,479 |
| Proceeds from collateralized obligation | 0 | 0 | 5,175 |
| Repurchases and repayments of debt | (11,498) | (18,777) | (14,354) |
| Repurchases of common stock under repurchase program and employee plans | (4,672) | (534) | (504) |
| Dividends paid | (4,532) | (4,140) | (3,735) |
| Other | (544) | (1,706) | 46 |
| Net cash provided by (used in) financing activities | (18,618) | (6,513) | (9,181) |
| Impact of foreign currency on cash, cash equivalents and restricted cash | (71) | 2 | 5 |
| Increase (decrease) in cash, cash equivalents and restricted cash | (2,989) | 6,179 | 1,680 |
| Cash, cash equivalents and restricted cash, beginning of year | 11,768 | 5,589 | |
| Cash, cash equivalents and restricted cash, end of year | 8,778 | 11,768 | 5,589 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
COMCAST CORP | ||
Ticker: CCZ Fiscal Year: 2021 | ||
Consolidated Balance Sheet | ||
Period Ending Dec 31, 2021 10-K (Filed: Feb 2, 2022) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2021 | Dec 31, 2020 | |
| Assets | ||
| Current Assets: | ||
| Cash and cash equivalents | $ 8,711 | 11,740 |
| Receivables, net | 12,008 | 11,466 |
| Other current assets | 4,088 | 3,535 |
| Total current assets | 24,807 | 26,741 |
| Film and television costs | 12,806 | 13,340 |
| Investments | 8,082 | 7,820 |
| Investment securing collateralized obligation | 605 | 447 |
| Property and equipment, net | 54,047 | 51,995 |
| Goodwill | 70,189 | 70,669 |
| Franchise rights | 59,365 | 59,365 |
| Other intangible assets, net | 33,580 | 35,389 |
| Other noncurrent assets, net | 12,424 | 8,103 |
| Total assets | 275,905 | 273,869 |
| Liabilities and Equity | ||
| Current Liabilities: | ||
| Accounts payable and accrued expenses related to trade creditors | 12,455 | 11,364 |
| Accrued participations and residuals | 1,822 | 1,706 |
| Deferred revenue | 3,040 | 2,963 |
| Accrued expenses and other current liabilities | 9,899 | 9,617 |
| Current portion of long-term debt | 2,132 | 3,146 |
| Total current liabilities | 29,348 | 28,796 |
| Long-term debt, less current portion | 92,718 | 100,614 |
| Collateralized obligation | 5,170 | 5,168 |
| Deferred income taxes | 30,041 | 28,051 |
| Other noncurrent liabilities | 20,620 | 18,222 |
| Commitments and contingencies | ||
| Redeemable noncontrolling interests and redeemable subsidiary preferred stock | 519 | 1,280 |
| Equity: | ||
| Preferred stockauthorized, 20,000,000 shares; issued, zero | 0 | 0 |
| Additional paid-in capital | 40,173 | 39,464 |
| Retained earnings | 61,902 | 56,438 |
| Treasury stock, 872,791,028 Class A common shares | (7,517) | (7,517) |
| Accumulated other comprehensive income (loss) | 1,480 | 1,884 |
| Total Comcast Corporation shareholders equity | 96,092 | 90,323 |
| Noncontrolling interests | 1,398 | 1,415 |
| Total equity | 97,490 | 91,738 |
| Total liabilities and equity | 275,905 | 273,869 |
| 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 2021 | |
| 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 |