Condensed Consolidating Financial Information (Tables)

12 Months Ended

Dec. 31, 2015

Condensed Consolidating Financial Information [Abstract]

Condensed Consolidating Financial Statements

Condensed Consolidating Balance Sheet
December 31, 2015 (in millions)			Comcast Parent		Comcast Holdings		CCCL Parent		NBCUniversal Media Parent		Non-Guarantor Subsidiaries		Elimination and Consolidation Adjustments		Consolidated Comcast Corporation
Assets
	Cash and cash equivalents	$	-	$	-	$	-	$	414	$	1,881	$	-	$	2,295
	Investments		-		-		-		-		106		-		106
	Receivables, net		-		-		-		-		6,896		-		6,896
	Programming rights		-		-		-		-		1,213		-		1,213
	Other current assets		69		-		-		17		1,707		-		1,793
Total current assets			69		-		-		431		11,803		-		12,303
Film and television costs			-		-		-		-		5,855		-		5,855
Investments			33		-		-		430		2,761		-		3,224
Investments in and amounts due from subsidiaries eliminated upon consolidation			87,142		111,241		119,354		42,441		109,598		(469,776)		-
Property and equipment, net			210		-		-		-		33,455		-		33,665
Franchise rights			-		-		-		-		59,364		-		59,364
Goodwill			-		-		-		-		32,945		-		32,945
Other intangible assets, net			12		-		-		-		16,934		-		16,946
Other noncurrent assets, net			1,301		147		-		78		2,114		(1,368)		2,272
Total assets		$	88,767	$	111,388	$	119,354	$	43,380	$	274,829	$	(471,144)	$	166,574
Liabilities and Equity
	Accounts payable and accrued expenses related to trade creditors	$	16	$	-	$	-	$	-	$	6,199	$	-	$	6,215
	Accrued participations and residuals		-		-		-		-		1,572		-		1,572
	Accrued expenses and other current liabilities		1,789		335		290		389		3,961		-		6,764
	Current portion of long-term debt		1,149		-		-		1,005		1,473		-		3,627
Total current liabilities			2,954		335		290		1,394		13,205		-		18,178
Long-term debt, less current portion			31,106		130		2,650		8,211		6,897		-		48,994
Deferred income taxes			-		624		-		66		34,098		(1,222)		33,566
Other noncurrent liabilities			2,438		-		-		1,087		7,258		(146)		10,637
Redeemable noncontrolling interests
	and redeemable subsidiary preferred stock		-		-		-		-		1,221		-		1,221
Equity:
	Common stock		29		-		-		-		-		-		29
	Other shareholders’ equity		52,240		110,299		116,414		32,622		210,441		(469,776)		52,240
Total Comcast Corporation shareholders’ equity			52,269		110,299		116,414		32,622		210,441		(469,776)		52,269
Noncontrolling interests			-		-		-		-		1,709		-		1,709
Total equity			52,269		110,299		116,414		32,622		212,150		(469,776)		53,978
Total liabilities and equity		$	88,767	$	111,388	$	119,354	$	43,380	$	274,829	$	(471,144)	$	166,574

Condensed Consolidating Balance Sheet
December 31, 2014(in millions)			Comcast Parent		Comcast Holdings		CCCL Parent		NBCUniversal Media Parent		Non-Guarantor Subsidiaries		Elimination and Consolidation Adjustments		Consolidated Comcast Corporation
Assets
	Cash and cash equivalents	$	-	$	-	$	-	$	385	$	3,525	$	-	$	3,910
	Investments		-		-		-		-		602		-		602
	Receivables, net		-		-		-		-		6,321		-		6,321
	Programming rights		-		-		-		-		839		-		839
	Other current assets		267		-		-		41		1,551		-		1,859
Total current assets			267		-		-		426		12,838		-		13,531
Film and television costs			-		-		-		-		5,727		-		5,727
Investments			36		-		-		378		2,721		-		3,135
Investments in and amounts due from subsidiaries eliminated upon consolidation			84,142		103,420		111,870		41,239		98,152		(438,823)		-
Property and equipment, net			199		-		-		-		30,754		-		30,953
Franchise rights			-		-		-		-		59,364		-		59,364
Goodwill			-		-		-		-		27,316		-		27,316
Other intangible assets, net			11		-		-		-		16,969		-		16,980
Other noncurrent assets, net			1,086		145		-		80		1,949		(1,080)		2,180
Total assets		$	85,741	$	103,565	$	111,870	$	42,123	$	255,790	$	(439,903)	$	159,186
Liabilities and Equity
	Accounts payable and accrued expenses related to trade creditors	$	19	$	-	$	1	$	-	$	5,618	$	-	$	5,638
	Accrued participations and residuals		-		-		-		-		1,347		-		1,347
	Accrued expenses and other current liabilities		1,547		283		280		331		3,767		-		6,208
	Current portion of long-term debt		1,650		-		677		1,006		884		-		4,217
Total current liabilities			3,216		283		958		1,337		11,616		-		17,410
Long-term debt, less current portion			27,478		123		2,649		9,206		4,408		-		43,864
Deferred income taxes			-		701		-		67		33,127		(936)		32,959
Other noncurrent liabilities			2,336		-		-		1,143		7,484		(144)		10,819
Redeemable noncontrolling interests
	and redeemable subsidiary preferred stock		-		-		-		-		1,066		-		1,066
Equity:
	Common stock		30		-		-		-		-		-		30
	Other shareholders’ equity		52,681		102,458		108,263		30,370		197,732		(438,823)		52,681
Total Comcast Corporation shareholders’ equity			52,711		102,458		108,263		30,370		197,732		(438,823)		52,711
Noncontrolling interests			-		-		-		-		357		-		357
Total equity			52,711		102,458		108,263		30,370		198,089		(438,823)		53,068
Total liabilities and equity		$	85,741	$	103,565	$	111,870	$	42,123	$	255,790	$	(439,903)	$	159,186

Condensed Consolidating Statement of Income
For the Year Ended December 31, 2015(in millions)			Comcast Parent		Comcast Holdings		CCCL Parent		NBCUniversal Media Parent		Non-Guarantor Subsidiaries		Elimination and Consolidation Adjustments		Consolidated Comcast Corporation
Revenue:
	Service revenue	$	-	$	-	$	-	$	-	$	74,510	$	-	$	74,510
	Management fee revenue		1,005		-		977		-		-		(1,982)		-
			1,005		-		977		-		74,510		(1,982)		74,510
Costs and Expenses:
	Programming and production		-		-		-		-		22,550		-		22,550
	Other operating and administrative		760		-		977		922		20,662		(1,982)		21,339
	Advertising, marketing and promotion		-		-		-		-		5,943		-		5,943
	Depreciation		31		-		-		-		6,750		-		6,781
	Amortization		6		-		-		-		1,893		-		1,899
			797		-		977		922		57,798		(1,982)		58,512
Operating income (loss)			208		-		-		(922)		16,712		-		15,998
Other Income (Expense):
	Interest expense		(1,744)		(12)		(270)		(462)		(214)		-		(2,702)
	Investment income (loss), net		6		(1)		-		(19)		95		-		81
	Equity in net income (losses) of
	investees, net		9,159		8,651		8,040		4,852		3,089		(34,116)		(325)
	Other income (expense), net		(3)		-		-		(31)		354		-		320
			7,418		8,638		7,770		4,340		3,324		(34,116)		(2,626)
Income (loss) before income taxes			7,626		8,638		7,770		3,418		20,036		(34,116)		13,372
Income tax (expense) benefit			537		4		94		(4)		(5,590)		-		(4,959)
Net income (loss)			8,163		8,642		7,864		3,414		14,446		(34,116)		8,413
Net (income) loss attributable to
	noncontrolling interests and redeemable subsidiary preferred stock		-		-		-		-		(250)		-		(250)
Net income (loss) attributable to
	Comcast Corporation	$	8,163	$	8,642	$	7,864	$	3,414	$	14,196	$	(34,116)	$	8,163
Comprehensive income (loss)
	attributable to Comcast Corporation	$	8,135	$	8,625	$	7,864	$	3,361	$	14,192	$	(34,042)	$	8,135

Condensed Consolidating Statement of Income
For the Year Ended December 31, 2014(in millions)			Comcast Parent		Comcast Holdings		CCCL Parent		NBCUniversal Media Parent		Non-Guarantor Subsidiaries		Elimination and Consolidation Adjustments		Consolidated Comcast Corporation
Revenue:
	Service revenue	$	-	$	-	$	-	$	-	$	68,775	$	-	$	68,775
	Management fee revenue		947		-	-	921	-	-		-		(1,868)		-
			947		-		921		-		68,775		(1,868)		68,775
Costs and Expenses:
	Programming and production		-		-		-		-		20,912		-		20,912
	Other operating and administrative		751		-		921		908		19,142		(1,868)		19,854
	Advertising, marketing and promotion		-		-		-		-		5,086		-		5,086
	Depreciation		34		-		-		-		6,303		-		6,337
	Amortization		6		-		-		-		1,676		-		1,682
			791		-		921		908		53,119		(1,868)		53,871
Operating income (loss)			156		-		-		(908)		15,656		-		14,904
Other Income (Expense):
	Interest expense		(1,621)		(11)		(294)		(479)		(212)		-		(2,617)
	Investment income (loss), net		3		12		-		(7)		288		-		296
	Equity in net income (losses) of
	investees, net		9,330		8,843		8,350		4,523		3,212		(34,161)		97
	Other income (expense), net		-		-		-		(4)		(211)		-		(215)
			7,712		8,844		8,056		4,033		3,077		(34,161)		(2,439)
Income (loss) before income taxes			7,868		8,844		8,056		3,125		18,733		(34,161)		12,465
Income tax (expense) benefit			512		-		103		(10)		(4,478)		-		(3,873)
Net income (loss)			8,380		8,844		8,159		3,115		14,255		(34,161)		8,592
Net (income) loss attributable to
	noncontrolling interests and redeemable subsidiary preferred stock		-		-		-		-		(212)		-		(212)
Net income (loss) attributable
	to Comcast Corporation	$	8,380	$	8,844	$	8,159	$	3,115	$	14,043	$	(34,161)	$	8,380
Comprehensive income (loss)
	attributable to Comcast Corporation	$	8,178	$	8,807	$	8,163	$	2,972	$	13,980	$	(33,922)	$	8,178

Condensed Consolidating Statement of Income
For the Year Ended December 31, 2013 (in millions)			Comcast Parent		Comcast Holdings		CCCL Parent		NBCUniversal Media Parent		Non-Guarantor Subsidiaries		Elimination and Consolidation Adjustments		Consolidated Comcast Corporation
Revenue:
	Service revenue	$	-	$	-	$	-	$	-	$	64,657	$	-	$	64,657
	Management fee revenue		897		-		874		-		-		(1,771)		-
			897		-		874		-		64,657		(1,771)		64,657
Costs and Expenses:
	Programming and production		-		-		-		-		19,670		-		19,670
	Other operating and administrative		403		-		874		855		18,214		(1,771)		18,575
	Advertising, marketing and promotion		-		-		-		-		4,978		-		4,978
	Depreciation		30		-		-		-		6,224		-		6,254
	Amortization		5		-		-		-		1,612		-		1,617
			438		-		874		855		50,698		(1,771)		51,094
Operating income (loss)			459		-		-		(855)		13,959		-		13,563
Other Income (Expense):											-
	Interest expense		(1,523)		(11)		(338)		(488)		(214)		-		(2,574)
	Investment income (loss), net		-		(13)		-		3		586		-		576
	Equity in net income (losses) of
	investees, net		7,509		7,540		7,512		3,331		1,882		(27,860)		(86)
	Other income (expense), net		(2)		-		2		(1)		(363)		-		(364)
			5,984		7,516		7,176		2,845		1,891		(27,860)		(2,448)
Income (loss) before income taxes			6,443		7,516		7,176		1,990		15,850		(27,860)		11,115
Income tax (expense) benefit			373		9		117		(22)		(4,457)		-		(3,980)
Net income (loss)			6,816		7,525		7,293		1,968		11,393		(27,860)		7,135
Net (income) loss attributable to
	noncontrolling interests and redeemable subsidiary preferred stock		-		-		-		-		(319)		-		(319)
Net income (loss) attributable to
	Comcast Corporation	$	6,816	$	7,525	$	7,293	$	1,968	$	11,074	$	(27,860)	$	6,816
Comprehensive income (loss)
	attributable to Comcast Corporation	$	6,883	$	7,521	$	7,277	$	2,017	$	10,969	$	(27,784)	$	6,883

Condensed Consolidating Statement of Cash Flows
For the Year Ended December 31, 2015 (in millions)			Comcast Parent		Comcast Holdings		CCCL Parent		NBCUniversal Media Parent		Non-Guarantor Subsidiaries		Elimination and Consolidation Adjustments		Consolidated Comcast Corporation
	Net cash provided by (used in) operating activities	$	(792)	$	48	$	(167)	$	(1,398)	$	21,087	$	-	$	18,778
Investing Activities:
	Net transactions with affiliates		6,559		(48)		840		2,839		(10,190)		-		-
	Capital expenditures		(27)		-		-		-		(8,472)		-		(8,499)
	Cash paid for intangible assets		(6)		-		-		-		(1,364)		-		(1,370)
	Acquisitions and construction of real estate properties		-		-		-		-		(178)		-		(178)
	Acquisitions, net of cash acquired		-		-		-		-		(1,786)		-		(1,786)
	Proceeds from sales of businesses and investments		-		-		-		4		429		-		433
	Purchases of investments		(7)		-		-		(407)		(370)		-		(784)
	Other		7		-		-		(5)		218		-		220
	Net cash provided by (used in) investing activities		6,526		(48)		840		2,431		(21,713)		-		(11,964)
Financing Activities:
	Proceeds from (repayments of) short-term borrowings, net		400		-		-		-		(265)		-		135
	Proceeds from borrowings		5,486		-		-		-		-		-		5,486
	Repurchases and repayments of debt		(2,650)		-		(673)		(1,004)		(51)		-		(4,378)
	Repurchases and retirements of common stock		(6,750)		-		-		-		-		-		(6,750)
	Dividends paid		(2,437)		-		-		-		-		-		(2,437)
	Issuances of common stock		36		-		-		-		-		-		36
	Distributions to noncontrolling interests and dividends for redeemable subsidiary preferred stock		-		-		-		-		(232)		-		(232)
	Other		181		-		-		-		(470)		-		(289)
	Net cash provided by (used in) financing activities		(5,734)		-		(673)		(1,004)		(1,018)		-		(8,429)
Increase (decrease) in cash and cash equivalents			-		-		-		29		(1,644)		-		(1,615)
Cash and cash equivalents, beginning of year			-		-		-		385		3,525		-		3,910
Cash and cash equivalents, end of year		$	-	$	-	$	-	$	414	$	1,881	$	-	$	2,295

Condensed Consolidating Statement of Cash Flows
For the Year Ended December 31, 2014(in millions)			Comcast Parent		Comcast Holdings		CCCL Parent		NBCUniversal Media Parent		Non-Guarantor Subsidiaries		Elimination and Consolidation Adjustments		Consolidated Comcast Corporation
	Net cash provided by (used in) operating activities	$	(354)	$	9	$	(139)	$	(1,299)	$	18,728	$	-	$	16,945
Investing Activities:
	Net transactions with affiliates		4,784		(9)		139		2,247		(7,161)		-		-
	Capital expenditures		(3)		-		-		-		(7,417)		-		(7,420)
	Cash paid for intangible assets		(6)		-		-		-		(1,116)		-		(1,122)
	Acquisitions and construction of real estate properties		-		-		-		-		(43)		-		(43)
	Acquisitions, net of cash acquired		-		-		-		-		(477)		-		(477)
	Proceeds from sales of businesses and investments		-		-		-		8		658		-		666
	Purchases of investments		(19)		-		-		(10)		(162)		-		(191)
	Other		-		-		-		5		(151)		-		(146)
	Net cash provided by (used in) investing activities		4,756		(9)		139		2,250		(15,869)		-		(8,733)
Financing Activities:
	Proceeds from (repayments of) short-term borrowings, net		(1,350)		-		-		-		846		-		(504)
	Proceeds from borrowings		4,180		-		-		-		2		-		4,182
	Repurchases and repayments of debt		(1,000)		-		-		(902)		(1,273)		-		(3,175)
	Repurchases and retirements of common stock		(4,251)		-		-		-		-		-		(4,251)
	Dividends paid		(2,254)		-		-		-		-		-		(2,254)
	Issuances of common stock		35		-		-		-		-		-		35
	Distributions to noncontrolling interests and dividends for redeemable subsidiary preferred stock		-		-		-		-		(220)		-		(220)
	Other		238		-		-		-		(71)		-		167
	Net cash provided by (used in) financing activities		(4,402)		-		-		(902)		(716)		-		(6,020)
Increase (decrease) in cash and cash equivalents			-		-		-		49		2,143		-		2,192
Cash and cash equivalents, beginning of year			-		-		-		336		1,382		-		1,718
Cash and cash equivalents, end of year		$	-		-		-		385		3,525		-		3,910

Condensed Consolidating Statement of Cash Flows
For the Year Ended December 31, 2013(in millions)			Comcast Parent		Comcast Holdings		CCCL Parent		NBCUniversal Media Parent		Non-Guarantor Subsidiaries		Elimination and Consolidation Adjustments		Consolidated Comcast Corporation
	Net cash provided by (used in) operating activities	$	(600)	$	(3)	$	(245)	$	(1,102)	$	16,110	$	-	$	14,160
Investing Activities:
	Net transactions with affiliates		66		3		2,580		(470)		(2,179)		-		-
	Capital expenditures		(7)		-		-		-		(6,589)		-		(6,596)
	Cash paid for intangible assets		(4)		-		-		-		(1,005)		-		(1,009)
	Acquisitions and construction of real estate properties		-		-		-		-		(1,904)		-		(1,904)
	Acquisitions, net of cash acquired		-		-		-		-		(99)		-		(99)
	Proceeds from sales of businesses and investments		-		-		-		2		1,081		-		1,083
	Purchases of investments		(11)		-		-		(3)		(1,209)		-		(1,223)
	Other		-		-		-		108		126		-		234
	Net cash provided by (used in) investing activities		44		3		2,580		(363)		(11,778)		-		(9,514)
Financing Activities:
	Proceeds from (repayments of) short-term borrowings, net		1,349		-		-		-		(4)		-		1,345
	Proceeds from borrowings		2,933		-		-		-		-		-		2,933
	Repurchases and repayments of debt		-		-		(2,335)		(88)		(21)		-		(2,444)
	Repurchases and retirements of common stock		(2,000)		-		-		-		-		-		(2,000)
	Dividends paid		(1,964)		-		-		-		-		-		(1,964)
	Issuances of common stock		40		-		-		-		-		-		40
	Purchase of NBCUniversal noncontrolling common equity interest		-		-		-		(3,200)		(7,561)		-		(10,761)
	Distributions to noncontrolling interests and dividends for redeemable subsidiary preferred stock		-		-		-		-		(215)		-		(215)
	Settlement of Station Venture liability		-		-		-		-		(602)		-		(602)
	Other		198		-		-		(40)		(369)		-		(211)
	Net cash provided by (used in) financing activities		556		-		(2,335)		(3,328)		(8,772)		-		(13,879)
Increase (decrease) in cash and cash equivalents			-		-		-		(4,793)		(4,440)		-		(9,233)
Cash and cash equivalents, beginning of year			-		-		-		5,129		5,822		-		10,951
Cash and cash equivalents, end of year		$	-	$	-	$	-	$	336	$	1,382	$	-	$	1,718