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: 2019 | |||
Consolidated Statement of Cash Flows | |||
Period Ending Dec 31, 2019 10-K (Filed: Jan 30, 2020) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | |
| Operating Activities | |||
| Net income | $ 13,323 | 11,862 | 22,922 |
| Adjustments to reconcile net income to net cash provided by operating activities: | |||
| Depreciation, amortization and other operating gains | 12,953 | 10,676 | 9,688 |
| Share-based compensation | 1,021 | 826 | 751 |
| Noncash interest expense (income), net | 417 | 364 | 272 |
| Net (gain) loss on investment activity and other | (20) | 576 | (194) |
| Deferred income taxes | 563 | 290 | (10,646) |
| Changes in operating assets and liabilities, net of effects of acquisitions and divestitures: | |||
| Current and noncurrent receivables, net | (57) | (802) | (869) |
| Film and television costs, net | (929) | (395) | (197) |
| Accounts payable and accrued expenses related to trade creditors | (347) | (394) | 173 |
| Other operating assets and liabilities | (1,227) | 1,294 | (639) |
| Net cash provided by operating activities | 25,697 | 24,297 | 21,261 |
| Investing Activities | |||
| Capital expenditures | (9,953) | (9,774) | (9,550) |
| Cash paid for intangible assets | (2,475) | (1,935) | (1,605) |
| Acquisitions and construction of real estate properties | (54) | (143) | (418) |
| Construction of Universal Beijing Resort | (1,116) | (460) | (71) |
| Acquisitions, net of cash acquired | (370) | (38,219) | (532) |
| Proceeds from sales of businesses and investments | 886 | 141 | 150 |
| Purchases of investments | (1,899) | (1,257) | (2,292) |
| Other | 140 | 793 | 785 |
| Net cash provided by (used in) investing activities | (14,841) | (50,854) | (13,533) |
| Financing Activities | |||
| Proceeds from (repayments of) short-term borrowings, net | (1,288) | 379 | (1,905) |
| Proceeds from borrowings | 5,479 | 44,781 | 11,466 |
| Proceeds from collateralized obligation | 5,175 | 0 | 0 |
| Repurchases and repayments of debt | (14,354) | (8,798) | (6,364) |
| Repurchases of common stock under repurchase program and employee plans | (504) | (5,320) | (5,435) |
| Dividends paid | (3,735) | (3,352) | (2,883) |
| Purchase of Universal Studios Japan noncontrolling interests | 0 | 0 | (2,299) |
| Distributions to noncontrolling interests and dividends for redeemable subsidiary preferred stock | (311) | (277) | (252) |
| Other | 357 | (273) | 100 |
| Net cash provided by (used in) financing activities | (9,181) | 27,140 | (7,572) |
| Impact of foreign currency on cash, cash equivalents and restricted cash | 5 | (245) | 0 |
| Increase (decrease) in cash, cash equivalents and restricted cash | 1,680 | 338 | 156 |
| Cash, cash equivalents and restricted cash, beginning of year | 3,909 | 3,571 | |
| Cash, cash equivalents and restricted cash, end of year | 5,589 | 3,909 | 3,571 |
| Legal Entity | |||
| NBCUniversal Media LLC | |||
| Net income | 5,964 | 5,305 | 5,214 |
| Depreciation, amortization and other operating gains | 2,129 | 1,967 | 1,704 |
| Net (gain) loss on investment activity and other | 120 | 689 | 428 |
| Deferred income taxes | (42) | (39) | 2 |
| Current and noncurrent receivables, net | 43 | (452) | (594) |
| Film and television costs, net | (911) | 35 | (199) |
| Accounts payable and accrued expenses related to trade creditors | (27) | 57 | (43) |
| Other operating assets and liabilities | (58) | 341 | 564 |
| Net cash provided by operating activities | 7,218 | 7,903 | 7,076 |
| Capital expenditures | (2,072) | (1,730) | (1,502) |
| Cash paid for intangible assets | (285) | (448) | (295) |
| Note receivable from Comcast | (2,900) | (2,054) | 0 |
| Construction of Universal Beijing Resort | (1,116) | (460) | (71) |
| Acquisitions, net of cash acquired | (211) | (80) | (140) |
| Proceeds from sales of businesses and investments | 464 | 70 | 45 |
| Purchases of investments | (1,024) | (587) | (490) |
| Other | 16 | (51) | 586 |
| Net cash provided by (used in) investing activities | (7,128) | (5,340) | (1,867) |
| Proceeds from borrowings | 791 | 692 | 3,948 |
| Proceeds from collateralized obligation | 5,175 | 0 | 0 |
| Repurchases and repayments of debt | (3,778) | (438) | (3,498) |
| Proceeds from (repayments of) borrowings from Comcast, net | (70) | (1,777) | (872) |
| Distributions to member | (2,113) | (1,627) | (1,968) |
| Distributions to noncontrolling interests | (242) | (205) | (209) |
| Purchase of Universal Studios Japan noncontrolling interests | 0 | 0 | (2,299) |
| Other | 127 | (121) | 79 |
| Net cash provided by (used in) financing activities | (110) | (3,476) | (4,819) |
| Increase (decrease) in cash, cash equivalents and restricted cash | (20) | (913) | 390 |
| Cash, cash equivalents and restricted cash, beginning of year | 1,444 | 2,377 | 2,377 |
| Cash, cash equivalents and restricted cash, end of year | 1,444 | 2,377 | 2,377 |
| External Links | |
| COMCAST CORP (CCZ) Fiscal Year 2019 | |
| 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 |