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: 2014 | |||
Consolidated Statement of Cash Flows | |||
Period Ending Dec 31, 2014 10-K (Filed: Feb 27, 2015) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2014 | Dec 31, 2013 | Dec 31, 2012 | |
| Operating Activities | |||
| Net income | $ 8,592 | 7,135 | 7,865 |
| Adjustments to reconcile net income to net cash provided by operating activities: | |||
| Depreciation and amortization | 8,019 | 7,871 | 7,798 |
| Share-based compensation | 513 | 419 | 371 |
| Noncash interest expense (income), net | 180 | 167 | 193 |
| Equity in net (income) losses of investees, net | (97) | 86 | (959) |
| Cash received from investees | 104 | 120 | 195 |
| Net (gain) loss on investment activity and other | 4 | (169) | (1,062) |
| Deferred income taxes | 1,165 | 16 | 139 |
| Changes in operating assets and liabilities, net of effects of acquisitions and divestitures: | |||
| Current and noncurrent receivables, net | (33) | (721) | (823) |
| Film and television costs, net | (562) | 44 | 22 |
| Accounts payable and accrued expenses related to trade creditors | 153 | (667) | 366 |
| Other operating assets and liabilities | (1,093) | (141) | 749 |
| Net cash provided by operating activities | 16,945 | 14,160 | 14,854 |
| Investing Activities | |||
| Capital expenditures | (7,420) | (6,596) | (5,714) |
| Cash paid for intangible assets | (1,122) | (1,009) | (923) |
| Acquisitions and construction of real estate properties | (43) | (1,904) | 0 |
| Acquisitions, net of cash acquired | (477) | (99) | (90) |
| Proceeds from sales of businesses and investments | 666 | 1,083 | 3,102 |
| Return of capital from investees | 25 | 149 | 2,362 |
| Purchases of investments | (191) | (1,223) | (297) |
| Other | (171) | 85 | 74 |
| Net cash provided by (used in) investing activities | (8,733) | (9,514) | (1,486) |
| Financing Activities | |||
| Proceeds from (repayments of) short-term borrowings, net | (504) | 1,345 | (544) |
| Proceeds from borrowings | 4,182 | 2,933 | 4,544 |
| Repurchases and repayments of debt | (3,175) | (2,444) | (2,881) |
| Repurchases and retirements of common stock | (4,251) | (2,000) | (3,000) |
| Dividends paid | (2,254) | (1,964) | (1,608) |
| Issuances of common stock | 35 | 40 | 233 |
| Purchase of NBCUniversal noncontrolling common equity interest | 0 | (10,761) | 0 |
| Distributions to noncontrolling interests and dividends for redeemable subsidiary preferred stock | (220) | (215) | (691) |
| Settlement of Station Venture liability | 0 | (602) | 0 |
| Other | 167 | (211) | (90) |
| Net cash provided by (used in) financing activities | (6,020) | (13,879) | (4,037) |
| Increase (decrease) in cash and cash equivalents | 2,192 | (9,233) | 9,331 |
| Cash and cash equivalents, beginning of year | 1,718 | 10,951 | |
| Cash and cash equivalents, end of year | 3,910 | 1,718 | 10,951 |
| Legal Entity | |||
| NBCUniversal Media, LLC | |||
| Net income | 3,297 | 2,122 | 3,231 |
| Depreciation and amortization | 1,495 | 1,411 | 1,326 |
| Share-based compensation | 0 | 7 | 7 |
| Equity in net (income) losses of investees, net | (46) | 93 | (183) |
| Cash received from investees | 74 | 90 | 189 |
| Net (gain) loss on investment activity and other | 136 | 345 | (1,093) |
| Deferred income taxes | (12) | (10) | 15 |
| Current and noncurrent receivables, net | (25) | (752) | (643) |
| Film and television costs, net | (571) | 2 | 100 |
| Accounts payable and accrued expenses related to trade creditors | (88) | (789) | 51 |
| Other operating assets and liabilities | 264 | 505 | 333 |
| Net cash provided by operating activities | 4,524 | 3,024 | 3,333 |
| Capital expenditures | (1,221) | (1,160) | (763) |
| Cash paid for intangible assets | (130) | (113) | (113) |
| Acquisitions of real estate properties | 0 | (1,705) | 0 |
| Acquisitions, net of cash acquired | (118) | (111) | (90) |
| Proceeds from sales of businesses and investments | 13 | 2 | 3,026 |
| Return of capital from investees | 24 | 131 | 75 |
| Purchases of investments | (35) | (236) | (117) |
| Other | (146) | (20) | (9) |
| Net cash provided by (used in) investing activities | (1,613) | (3,212) | 2,009 |
| Proceeds from (repayments of) short-term borrowings, net | 0 | 0 | (550) |
| Proceeds from borrowings | 0 | 0 | 1,995 |
| Repurchases and repayments of debt | (906) | (92) | (413) |
| Proceeds from (repayments of) borrowings from Comcast, net | 97 | 799 | 0 |
| Redemption transaction distribution | 0 | (3,200) | 0 |
| Distributions to member | (1,641) | (1,422) | (964) |
| Distributions to noncontrolling interests | (177) | (183) | (216) |
| Settlement of Station Venture liability | 0 | (602) | 0 |
| Other | (3) | (66) | (81) |
| Net cash provided by (used in) financing activities | (2,630) | (4,766) | (229) |
| Increase (decrease) in cash and cash equivalents | 281 | (4,954) | 5,113 |
| Cash and cash equivalents, beginning of year | 1,248 | 5,921 | 5,921 |
| Cash and cash equivalents, end of year | 1,248 | 5,921 | 5,921 |
| External Links | |
| COMCAST CORP (CCZ) Fiscal Year 2014 | |
| 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 |