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: 2018 | |||
Consolidated Statement of Cash Flows | |||
Period Ending Dec 31, 2018 10-K (Filed: Jan 31, 2019) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 | |
| Operating Activities | |||
| Net income | $ 11,862 | 22,922 | 9,028 |
| Adjustments to reconcile net income to net cash provided by operating activities: | |||
| Depreciation, amortization and other operating gains | 10,676 | 9,688 | 9,426 |
| Share-based compensation | 826 | 751 | 640 |
| Noncash interest expense (income), net | 364 | 272 | 230 |
| Net (gain) loss on investment activity and other | 576 | (194) | 19 |
| Deferred income taxes | 290 | (10,646) | 1,434 |
| Changes in operating assets and liabilities, net of effects of acquisitions and divestitures: | |||
| Current and noncurrent receivables, net | (802) | (869) | (649) |
| Film and television costs, net | (395) | (197) | (501) |
| Accounts payable and accrued expenses related to trade creditors | (394) | 173 | 378 |
| Other operating assets and liabilities | 1,294 | (639) | (314) |
| Net cash provided by operating activities | 24,297 | 21,261 | 19,691 |
| Investing Activities | |||
| Capital expenditures | (9,774) | (9,550) | (9,135) |
| Cash paid for intangible assets | (1,935) | (1,605) | (1,552) |
| Acquisitions and construction of real estate properties | (143) | (418) | (428) |
| Construction of Universal Beijing Resort | (460) | (71) | (22) |
| Acquisitions, net of cash acquired | (38,219) | (532) | (3,929) |
| Proceeds from sales of businesses and investments | 141 | 150 | 218 |
| Purchases of investments | (1,257) | (2,292) | (1,697) |
| Deposits | 0 | 0 | (1,749) |
| Other | 793 | 785 | 29 |
| Net cash provided by (used in) investing activities | (50,854) | (13,533) | (18,265) |
| Financing Activities | |||
| Proceeds from (repayments of) short-term borrowings, net | 379 | (1,905) | 1,790 |
| Proceeds from borrowings | 44,781 | 11,466 | 9,231 |
| Repurchases and repayments of debt | (8,798) | (6,364) | (3,052) |
| Repurchases of common stock under repurchase program and employee plans | (5,320) | (5,435) | (5,352) |
| Dividends paid | (3,352) | (2,883) | (2,601) |
| Purchase of Universal Studios Japan noncontrolling interests | 0 | (2,299) | 0 |
| Issuances of common stock | 0 | 0 | 23 |
| Distributions to noncontrolling interests and dividends for redeemable subsidiary preferred stock | (277) | (252) | (253) |
| Other | (273) | 100 | (220) |
| Net cash provided by (used in) financing activities | 27,140 | (7,572) | (434) |
| Impact of foreign currency on cash, cash equivalents and restricted cash | (245) | 0 | 0 |
| Increase (decrease) in cash, cash equivalents and restricted cash | 338 | 156 | 992 |
| Cash, cash equivalents and restricted cash, beginning of year | 3,571 | 3,415 | |
| Cash, cash equivalents and restricted cash, end of year | 3,909 | 3,571 | 3,415 |
| Legal Entity | |||
| NBCUniversal Media LLC | |||
| Net income | 5,305 | 5,214 | 4,482 |
| Depreciation, amortization and other operating gains | 1,967 | 1,704 | 1,805 |
| Net (gain) loss on investment activity and other | 689 | 428 | 87 |
| Deferred income taxes | (39) | 2 | 89 |
| Current and noncurrent receivables, net | (452) | (594) | (502) |
| Film and television costs, net | 35 | (199) | (509) |
| Accounts payable and accrued expenses related to trade creditors | 57 | (43) | 51 |
| Other operating assets and liabilities | 341 | 564 | (606) |
| Net cash provided by operating activities | 7,903 | 7,076 | 4,897 |
| Capital expenditures | (1,730) | (1,502) | (1,452) |
| Cash paid for intangible assets | (448) | (295) | (283) |
| Note receivable from Comcast | (2,054) | 0 | 0 |
| Construction of Universal Beijing Resort | (460) | (71) | (22) |
| Acquisitions, net of cash acquired | (80) | (140) | (205) |
| Proceeds from sales of businesses and investments | 70 | 45 | 109 |
| Purchases of investments | (587) | (490) | (290) |
| Other | (51) | 586 | (90) |
| Net cash provided by (used in) investing activities | (5,340) | (1,867) | (2,233) |
| Proceeds from borrowings | 692 | 3,948 | 0 |
| Repurchases and repayments of debt | (438) | (3,498) | (1,565) |
| Proceeds from (repayments of) borrowings from Comcast, net | (1,777) | (872) | 928 |
| Distributions to member | (1,627) | (1,968) | (1,606) |
| Distributions to noncontrolling interests | (205) | (209) | (210) |
| Purchase of Universal Studios Japan noncontrolling interests | 0 | (2,299) | 0 |
| Other | (121) | 79 | 356 |
| Net cash provided by (used in) financing activities | (3,476) | (4,819) | (2,097) |
| Increase (decrease) in cash, cash equivalents and restricted cash | (913) | 390 | 567 |
| Cash, cash equivalents and restricted cash, beginning of year | 1,464 | 1,987 | 1,987 |
| Cash, cash equivalents and restricted cash, end of year | 1,464 | 1,987 | 1,987 |
| External Links | |
| COMCAST CORP (CCZ) Fiscal Year 2018 | |
| 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 |