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: 2013 | |||
Consolidated Statement of Cash Flows | |||
Period Ending Dec 31, 2013 10-K (Filed: Feb 12, 2014) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2013 | Dec 31, 2012 | Dec 31, 2011 | |
| Operating Activities | |||
| Net income | $ 7,135 | 7,865 | 5,157 |
| Adjustments to reconcile net income to net cash provided by operating activities: | |||
| Depreciation and amortization | 7,871 | 7,798 | 7,636 |
| Amortization of film and television costs | 8,249 | 9,454 | 6,787 |
| Share-based compensation | 419 | 371 | 344 |
| Noncash interest expense (income), net | 167 | 193 | 146 |
| Equity in net (income) losses of investees, net | 86 | (959) | 35 |
| Cash received from investees | 120 | 195 | 311 |
| Net (gain) loss on investment activity and other | (169) | (1,062) | 23 |
| Deferred income taxes | 16 | 139 | 1,058 |
| Change in current and noncurrent receivables, net | (721) | (823) | (427) |
| Change in film and television costs | (8,205) | (9,432) | (7,080) |
| Change in accounts payable and accrued expenses related to trade creditors | (667) | 366 | (20) |
| Change in other operating assets and liabilities | (141) | 749 | 375 |
| Net cash provided by (used in) operating activities | 14,160 | 14,854 | 14,345 |
| Investing Activities | |||
| Capital expenditures | (6,596) | (5,714) | (5,307) |
| Cash paid for intangible assets | (1,009) | (923) | (954) |
| Acquisitions of real estate properties | (1,904) | ||
| Acquisitions, net of cash acquired | (99) | (90) | (6,407) |
| Proceeds from sales of businesses and investments | 1,083 | 3,102 | 277 |
| Return of capital from investees | 149 | 2,362 | 37 |
| Purchases of investments | (1,223) | (297) | (135) |
| Other | 85 | 74 | (19) |
| Net cash provided by (used in) investing activities | (9,514) | (1,486) | (12,508) |
| Financing Activities | |||
| Proceeds from (repayments of) short-term borrowings, net | 1,345 | (544) | 544 |
| Proceeds from borrowings | 2,933 | 4,544 | |
| Repurchases and repayments of debt | (2,444) | (2,881) | (3,216) |
| Repurchases and retirements of common stock | (2,000) | (3,000) | (2,141) |
| Dividends paid | (1,964) | (1,608) | (1,187) |
| Issuances of common stock | 40 | 233 | 283 |
| Purchase of NBCUniversal noncontrolling common equity interest | (10,761) | ||
| Distributions to noncontrolling interests and dividends for redeemable subsidiary preferred stock | (215) | (691) | (325) |
| Settlement of Station Venture liability | (602) | ||
| Other | (211) | (90) | (159) |
| Net cash provided by (used in) financing activities | (13,879) | (4,037) | (6,201) |
| Increase (decrease) in cash and cash equivalents | (9,233) | 9,331 | (4,364) |
| Cash and cash equivalents, beginning of year | 10,951 | 1,620 | |
| Cash and cash equivalents, end of year | 1,718 | 10,951 | 1,620 |
| Legal Entity | |||
| NBCUniversal Media, LLC | |||
| Statement Scenario | |||
| Predecessor | |||
| Net income | 2,122 | 3,231 | 1,861 |
| Depreciation and amortization | 1,411 | 1,326 | 1,113 |
| Equity in net (income) losses of investees, net | 93 | (183) | (262) |
| Capital expenditures | (1,160) | (763) | (432) |
| Distributions to member | (1,400) | (964) | (244) |
| Redemption Transaction distribution | (3,200) | ||
| Settlement of Station Venture liability | (602) | ||
| Cash and cash equivalents, beginning of year | 967 | 5,921 | |
| Cash and cash equivalents, end of year | 967 | 5,921 | |
| Successor | |||
| Net income | 2,122 | 3,231 | 1,861 |
| Depreciation and amortization | 1,411 | 1,326 | 1,113 |
| Amortization of film and television costs | 8,185 | 9,399 | 6,766 |
| Share-based compensation | 7 | 7 | 17 |
| Equity in net (income) losses of investees, net | 93 | (183) | (262) |
| Cash received from investees | 90 | 189 | 301 |
| Net (gain) loss on investment activity and other | 345 | (1,093) | 30 |
| Deferred income taxes | (10) | 15 | 27 |
| Change in current and noncurrent receivables, net | (752) | (643) | (357) |
| Change in film and television costs | (8,183) | (9,299) | (7,018) |
| Change in accounts payable and accrued expenses related to trade creditors | (789) | 51 | 95 |
| Change in other operating assets and liabilities | 505 | 333 | 296 |
| Net cash provided by (used in) operating activities | 3,024 | 3,333 | 2,869 |
| Capital expenditures | (1,160) | (763) | (432) |
| Cash paid for intangible assets | (113) | (113) | (249) |
| Acquisitions of real estate properties | (1,705) | ||
| Acquisitions, net of cash acquired | (111) | (90) | (746) |
| Proceeds from sales of businesses and investments | 2 | 3,026 | 117 |
| Return of capital from investees | 131 | 75 | |
| Purchases of investments | (236) | (117) | (14) |
| Other | (20) | (9) | (8) |
| Net cash provided by (used in) investing activities | (3,212) | 2,009 | (1,332) |
| Proceeds from (repayments of) short-term borrowings, net | 0 | (550) | 550 |
| Proceeds from borrowings | 0 | 1,995 | 0 |
| Repurchases and repayments of debt | (92) | (413) | (1,044) |
| Proceeds from borrowings from Comcast | 799 | 250 | |
| Repayments of borrowings from Comcast | 0 | 0 | (250) |
| Decrease in short-term loans to GE, net | 0 | 0 | 0 |
| Repurchase of preferred stock interest | 0 | 0 | 0 |
| Distributions to member | (1,422) | (964) | (244) |
| Dividends paid | 0 | 0 | (315) |
| Redemption Transaction distribution | (3,200) | ||
| Distributions to noncontrolling interests | (183) | (216) | (187) |
| Settlement of Station Venture liability | (602) | ||
| Other | (66) | (81) | 3 |
| Net cash provided by (used in) financing activities | (4,766) | (229) | (1,237) |
| Increase (decrease) in cash and cash equivalents | (4,954) | 5,113 | 300 |
| Cash and cash equivalents, beginning of year | 967 | 808 | 808 |
| Cash and cash equivalents, end of year | 967 | 808 | 808 |
| External Links | |
| COMCAST CORP (CCZ) Fiscal Year 2013 | |
| 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 |