2013 Q4 Form 10-K Financial Statement

#000119312515068526 Filed on February 27, 2015

View on sec.gov

Income Statement

Concept 2013 Q4 2013 Q3 2013 Q2
Revenue $16.93B $16.15B $16.27B
YoY Change 6.21% -2.38% 6.96%
Cost Of Revenue $5.252B $4.787B $4.968B
YoY Change 6.83% -16.4% 9.16%
Gross Profit $11.67B $11.36B $11.30B
YoY Change 5.93% 5.05% 6.02%
Gross Profit Margin 68.97% 70.36% 69.47%
Selling, General & Admin $6.029B $6.034B $5.877B
YoY Change 4.96% 3.86% 3.91%
% of Gross Profit 51.64% 53.1% 52.0%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $1.998B $1.520B $1.583B
YoY Change 0.76% -1.87% 4.42%
% of Gross Profit 17.11% 13.38% 14.01%
Operating Expenses $8.027B $7.950B $7.867B
YoY Change 3.88% 2.32% 3.77%
Operating Profit $3.647B $3.414B $3.435B
YoY Change 10.72% 12.01% 11.56%
Interest Expense -$619.0M $639.0M $636.0M
YoY Change 11.53% 0.95% 1.76%
% of Operating Profit -16.97% 18.72% 18.52%
Other Income/Expense, Net -$70.00M -$615.0M -$643.0M
YoY Change -53.95% -146.07% 1.26%
Pretax Income $2.954B $2.799B $2.792B
YoY Change 14.27% -36.14% 14.24%
Income Tax $986.0M $1.021B $1.048B
% Of Pretax Income 33.38% 36.48% 37.54%
Net Earnings $1.913B $1.732B $1.734B
YoY Change 26.02% -18.03% 28.64%
Net Earnings / Revenue 11.3% 10.72% 10.66%
Basic Earnings Per Share $0.73 $0.66 $0.66
Diluted Earnings Per Share $0.72 $0.65 $0.65
COMMON SHARES
Basic Shares Outstanding 2.622B shares 2.631B shares
Diluted Shares Outstanding 2.658B shares 2.666B shares

Balance Sheet

Concept 2013 Q4 2013 Q3 2013 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $6.063B $6.393B $7.198B
YoY Change -60.74% -50.99% 28.19%
Cash & Equivalents $1.718B $1.603B $1.389B
Short-Term Investments $4.345B $4.790B $5.809B
Other Short-Term Assets $1.480B $2.171B $1.215B
YoY Change 29.14% 35.18% -20.12%
Inventory
Prepaid Expenses
Receivables $6.376B $5.501B $5.507B
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $14.08B $13.41B $12.74B
YoY Change -29.59% -25.79% 12.16%
LONG-TERM ASSETS
Property, Plant & Equipment $29.84B $28.81B $28.26B
YoY Change 9.58% 6.75% 5.07%
Goodwill $27.10B
YoY Change 0.42%
Intangibles
YoY Change
Long-Term Investments $989.0M $1.040B $1.082B
YoY Change -15.03% -8.37% -77.04%
Other Assets $2.343B $2.345B $2.311B
YoY Change 7.48% 7.37% 7.74%
Total Long-Term Assets $144.7B $143.2B $144.1B
YoY Change -0.17% -0.83% -1.54%
TOTAL ASSETS
Total Short-Term Assets $14.08B $13.41B $12.74B
Total Long-Term Assets $144.7B $143.2B $144.1B
Total Assets $158.8B $156.6B $156.8B
YoY Change -3.73% -3.61% -0.55%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $5.528B $6.032B $6.077B
YoY Change -10.92% -3.49% 6.06%
Accrued Expenses $7.967B $9.296B $7.419B
YoY Change 34.33% 51.97% 56.82%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $3.280B $2.337B $2.535B
YoY Change 38.05% -16.51% -14.18%
Total Short-Term Liabilities $18.91B $18.67B $18.60B
YoY Change 13.15% 7.68% 18.17%
LONG-TERM LIABILITIES
Long-Term Debt $44.57B $44.19B $44.11B
YoY Change 17.03% 23.46% 29.08%
Other Long-Term Liabilities $11.38B $11.49B $12.46B
YoY Change -14.22% -10.63% -7.23%
Total Long-Term Liabilities $11.38B $55.68B $12.46B
YoY Change -14.22% 332.98% -7.23%
TOTAL LIABILITIES
Total Short-Term Liabilities $18.91B $18.67B $18.60B
Total Long-Term Liabilities $11.38B $55.68B $12.46B
Total Liabilities $30.30B $106.9B $31.06B
YoY Change 1.04% 253.96% 6.47%
SHAREHOLDERS EQUITY
Retained Earnings $19.24B
YoY Change 18.15%
Common Stock $30.00M $30.00M $31.00M
YoY Change -3.23% -3.23% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $7.517B
YoY Change 0.0%
Treasury Stock Shares
Shareholders Equity $50.69B $49.72B $49.09B
YoY Change
Total Liabilities & Shareholders Equity $158.8B $156.6B $156.8B
YoY Change -3.73% -3.61% -0.55%

Cashflow Statement

Concept 2013 Q4 2013 Q3 2013 Q2
OPERATING ACTIVITIES
Net Income $1.913B $1.732B $1.734B
YoY Change 26.02% -18.03% 28.64%
Depreciation, Depletion And Amortization $1.998B $1.520B $1.583B
YoY Change 0.76% -1.87% 4.42%
Cash From Operating Activities $2.481B $3.994B $3.316B
YoY Change -31.37% 16.65% -3.1%
INVESTING ACTIVITIES
Capital Expenditures -$2.318B $1.726B $1.506B
YoY Change 16.54% 9.1% 17.02%
Acquisitions
YoY Change
Other Investing Activities $131.0M -$391.0M -$429.0M
YoY Change -1971.43% -107.65% -1259.46%
Cash From Investing Activities -$2.187B -$2.367B -$2.197B
YoY Change 9.57% -170.89% 48.45%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -179.0M -1.413B -1.569B
YoY Change -141.34% -4137.14% -23.39%
NET CHANGE
Cash From Operating Activities 2.481B 3.994B 3.316B
Cash From Investing Activities -2.187B -2.367B -2.197B
Cash From Financing Activities -179.0M -1.413B -1.569B
Net Change In Cash 115.0M 214.0M -450.0M
YoY Change -94.4% -96.85% 324.53%
FREE CASH FLOW
Cash From Operating Activities $2.481B $3.994B $3.316B
Capital Expenditures -$2.318B $1.726B $1.506B
Free Cash Flow $4.799B $2.268B $1.810B
YoY Change -14.36% 23.13% -15.22%

Facts In Submission

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CY2012 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
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CY2012 us-gaap Income Taxes Paid Net
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CY2014Q4 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Accrued
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CY2014 us-gaap Income Taxes Paid Net
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CY2013 us-gaap Income Taxes Paid Net
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CY2012 us-gaap Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
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CY2013Q4 cmcsa Film And Television Costs
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CY2014Q4 us-gaap Accounts Payable Current
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CY2014Q4 us-gaap Liabilities And Stockholders Equity
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CY2013Q4 us-gaap Liabilities And Stockholders Equity
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CY2013 us-gaap Costs And Expenses
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CY2012 us-gaap Investment Income Nonoperating
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CY2012 us-gaap Lease And Rental Expense
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CY2013 us-gaap Sales Revenue Services Net
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CY2012 us-gaap Sales Revenue Services Net
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CY2014 dei Document Fiscal Year Focus
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CY2013Q4 us-gaap Long Term Investments
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CY2013 us-gaap Nonoperating Income Expense
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CY2014 us-gaap Earnings Per Share Basic
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CY2012 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
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CY2013 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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CY2012 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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CY2014 us-gaap Equity Method Investment Dividends Or Distributions
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CY2013 us-gaap Equity Method Investment Dividends Or Distributions
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CY2012 us-gaap Net Cash Provided By Used In Investing Activities
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CY2014 us-gaap Proceeds From Repayments Of Short Term Debt
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CY2014 us-gaap Proceeds From Other Debt
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CY2013 us-gaap Repayments Of Other Debt
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CY2013 us-gaap Proceeds From Payments For Other Financing Activities
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CY2013 us-gaap Stock Issued During Period Value Share Based Compensation
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CY2013 cmcsa Equity Profit Loss
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CY2014Q3 us-gaap Revenues
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CY2014Q4 us-gaap Revenues
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CY2014Q2 us-gaap Common Stock Dividends Per Share Declared
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CY2014Q3 us-gaap Common Stock Dividends Per Share Declared
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CY2014Q4 cmcsa Accrued Expenses And Other Current Liabilities Including Deferred Revenue
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CY2014 dei Entity Central Index Key
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CY2013Q4 us-gaap Assets Current
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CY2014Q4 us-gaap Goodwill
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CY2014Q4 us-gaap Other Intangible Assets Net
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CY2013Q4 cmcsa Programming Rights Current
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CY2014Q4 us-gaap Liabilities Current
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CY2013Q4 us-gaap Preferred Stock Value
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CY2014Q4 us-gaap Treasury Stock Value
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CY2013Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2013Q4 us-gaap Preferred Stock Shares Authorized
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CY2013Q4 us-gaap Deferred Revenue Current
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CY2014 us-gaap Marketing And Advertising Expense
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CY2012 us-gaap Costs And Expenses
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CY2013 us-gaap Amortization Of Intangible Assets
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CY2014 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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CY2014Q4 cmcsa Percentage Of Acquired Film And Television Libraries To Be Amortized In Next Three Years
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0.51 pure
CY2013Q4 us-gaap Marketable Securities
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CY2012 us-gaap Impairment Of Investments
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CY2013 us-gaap Equity Method Investment Other Than Temporary Impairment
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CY2014Q4 us-gaap Land
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CY2014Q4 us-gaap Intangible Assets Gross Excluding Goodwill
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CY2013Q4 us-gaap Intangible Assets Gross Excluding Goodwill
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CY2013 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Tax
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CY2012 us-gaap Nonoperating Income Expense
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CY2014 us-gaap Investment Income Nonoperating
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CY2013 us-gaap Depreciation
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CY2012 us-gaap Common Stock Dividends Per Share Declared
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CY2013 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2012 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2014 us-gaap Share Based Compensation
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CY2012 cmcsa Distributions To Noncontrolling Interests And Dividends For Redeemable Subsidiary Preferred Stock
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CY2013 us-gaap Stockholders Equity Other
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CY2014 dei Trading Symbol
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cmcsa
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COMCAST CORP
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CY2014Q4 us-gaap Fair Value Liabilities Measured On Recurring Basis Obligations
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CY2013 us-gaap Stock Repurchased And Retired During Period Shares
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CY2014 us-gaap Current Income Tax Expense Benefit
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CY2013 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
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CY2012 us-gaap Income Tax Reconciliation Minority Interest Income Expense
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CY2014Q4 us-gaap Deferred Tax Assets Valuation Allowance
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CY2014 cmcsa Programming And Talent Commitments Future Minimum Payments Due Thereafter
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CY2013 us-gaap Lease And Rental Expense
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0.022 pure
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CY2013 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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185000000 USD
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56000000 USD
CY2013Q4 cmcsa Cable Distribution Systems
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CY2014Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
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CY2014Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
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CY2014Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
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3530000000 USD
CY2014Q4 us-gaap Trading Securities
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CY2013Q4 us-gaap Fair Value Liabilities Measured On Recurring Basis Obligations
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747000000 USD
CY2014Q4 us-gaap Other Liabilities Fair Value Disclosure
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CY2014 cmcsa Split Dollar Life Insurance Agreements Benefit Obligation
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217000000 USD
CY2014 cmcsa Number Of Votes Entitled Of Each Class B Common Stock
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15 pure
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
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CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
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0.25 pure
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
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CY2014 us-gaap Current Federal Tax Expense Benefit
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CY2012 us-gaap Current Foreign Tax Expense Benefit
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CY2012 us-gaap Current Income Tax Expense Benefit
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CY2012 us-gaap Current State And Local Tax Expense Benefit
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432000000 USD
CY2013 us-gaap Income Tax Reconciliation Other Adjustments
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CY2014Q2 us-gaap Net Income Loss
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CY2014Q3 us-gaap Net Income Loss
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8865000000 USD
CY2014Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
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448000000 USD
CY2013 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
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CY2013Q4 us-gaap Unrecognized Tax Benefits
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CY2013Q4 cmcsa Returns And Incentives Allowance
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375000000 USD
CY2013Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
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221000000 USD
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430000000 USD
CY2013Q4 us-gaap Dividends Payable Amount Per Share
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CY2014 us-gaap Depreciation And Amortization
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CY2014Q4 us-gaap Earnings Per Share Basic
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CY2013Q4 us-gaap Common Stock Value
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30000000 USD
CY2013Q4 cmcsa Other Stockholders Equity
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CY2013Q4 us-gaap Cash And Cash Equivalents At Carrying Value
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CY2014 cmcsa Payments For Acquisitions And Construction Of Real Estate Properties
PaymentsForAcquisitionsAndConstructionOfRealEstateProperties
43000000 USD
CY2013 cmcsa Payments For Acquisitions And Construction Of Real Estate Properties
PaymentsForAcquisitionsAndConstructionOfRealEstateProperties
1904000000 USD
CY2012 cmcsa Payments For Acquisitions And Construction Of Real Estate Properties
PaymentsForAcquisitionsAndConstructionOfRealEstateProperties
0 USD
CY2013 us-gaap Payments To Acquire Additional Interest In Subsidiaries
PaymentsToAcquireAdditionalInterestInSubsidiaries
10761000000 USD
CY2012 us-gaap Payments To Acquire Additional Interest In Subsidiaries
PaymentsToAcquireAdditionalInterestInSubsidiaries
0 USD
CY2012 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
0 USD
CY2013 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
12000000 USD
CY2014 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
23000000 USD
CY2013 us-gaap Depreciation And Amortization
DepreciationAndAmortization
7871000000 USD
CY2014 cmcsa Operating Income Excluding Depreciation And Amortization
OperatingIncomeExcludingDepreciationAndAmortization
22923000000 USD
CY2012 cmcsa Operating Income Excluding Depreciation And Amortization
OperatingIncomeExcludingDepreciationAndAmortization
19977000000 USD
CY2012 us-gaap Depreciation And Amortization
DepreciationAndAmortization
7798000000 USD
CY2014 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
7420000000 USD
CY2013 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
6596000000 USD
CY2012 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
5714000000 USD
CY2013 cmcsa Settlement Of Station Venture Liability
SettlementOfStationVentureLiability
602000000 USD
CY2012 cmcsa Settlement Of Station Venture Liability
SettlementOfStationVentureLiability
0 USD
CY2012 us-gaap Proceeds From Other Debt
ProceedsFromOtherDebt
4544000000 USD
CY2014 us-gaap Description Of New Accounting Pronouncements Not Yet Adopted
DescriptionOfNewAccountingPronouncementsNotYetAdopted
<div><p style='text-align:left;margin-top:0pt;margin-bottom:5.4pt;line-height:15pt;' ><font style='font-family:Helvetica;font-size:12pt;font-weight:bold;margin-left:0pt;' >Note 3: Recent Accounting Pronouncements</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:5.4pt;line-height:13pt;' ><font style='font-family:Helvetica;font-size:10pt;font-weight:bold;margin-left:0pt;' >Discontinued Operations</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:5.4pt;line-height:13pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >In </font><font style='font-family:Times New Roman;font-size:10pt;' >April</font><font style='font-family:Times New Roman;font-size:10pt;' > 20</font><font style='font-family:Times New Roman;font-size:10pt;' >14</font><font style='font-family:Times New Roman;font-size:10pt;' >, the F</font><font style='font-family:Times New Roman;font-size:10pt;' >inancial </font><font style='font-family:Times New Roman;font-size:10pt;' >A</font><font style='font-family:Times New Roman;font-size:10pt;' >ccounting </font><font style='font-family:Times New Roman;font-size:10pt;' >S</font><font style='font-family:Times New Roman;font-size:10pt;' >tandards </font><font style='font-family:Times New Roman;font-size:10pt;' >B</font><font style='font-family:Times New Roman;font-size:10pt;' >oard (&#8220;FASB&#8221;) updated the accounting guidance related to discontinued operations. The updated accounting guidance provides a narrower</font><font style='font-family:Times New Roman;font-size:10pt;' > definition of discontinued operations than existing GAAP. The updated accounting guidance requires that only disposals of components of an entity, or groups of components, that represent a strategic shift that has or will have a material effect on the rep</font><font style='font-family:Times New Roman;font-size:10pt;' >orting entity&#8217;s operations be reported in the financial statements as discontinued operations</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font><font style='font-family:Times New Roman;font-size:10pt;' > The updated accounting guidance also provides guidance on the financial statement presentations and disclosures of discontinued operations. The updated accountin</font><font style='font-family:Times New Roman;font-size:10pt;' >g guidance will be effective prospectively for us on January 1, 2015.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:5.4pt;line-height:13pt;' ><font style='font-family:Helvetica;font-size:10pt;font-weight:bold;margin-left:0pt;' >Revenue Recognition</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:5.4pt;line-height:13pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >In May 2014, the FASB and the International Accounting Standards Board updated the accounting guidance related to revenue recognition. The updated accounting guidance</font><font style='font-family:Times New Roman;font-size:10pt;' > provides a single, contract-based revenue recognition model to help improve financial reporting by providing clearer guidance on when an entity should recognize revenue, and by reducing the number of standards to which entities have to refer. The updated </font><font style='font-family:Times New Roman;font-size:10pt;' >accounting guidance will be effective for us on January 1, 2017, and early adoption is not permitted. The updated accounting guidance </font><font style='font-family:Times New Roman;font-size:10pt;' >provides</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >companies with </font><font style='font-family:Times New Roman;font-size:10pt;' >alternative methods of adoption</font><font style='font-family:Times New Roman;font-size:10pt;' >. We are currently in the process of determining the impact that the upd</font><font style='font-family:Times New Roman;font-size:10pt;' >ated accounting guidance will have on our consolidated financial statements and our method of adoption.</font></p></div>
CY2012 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
0 USD
CY2012 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
0 USD
CY2014 us-gaap Revenues
Revenues
68775000000 USD
CY2012 us-gaap Revenues
Revenues
62570000000 USD
CY2014 us-gaap Operating Income Loss
OperatingIncomeLoss
14904000000 USD
CY2013 us-gaap Operating Income Loss
OperatingIncomeLoss
13563000000 USD
CY2012 us-gaap Operating Income Loss
OperatingIncomeLoss
12179000000 USD
CY2013Q1 cmcsa Noncontrolling Interest Acquired
NoncontrollingInterestAcquired
0.49 pure
CY2012 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
757000000 USD
CY2013 cmcsa Consideration Transferred To Acquire Additional Interest In Subsidiaries
ConsiderationTransferredToAcquireAdditionalInterestInSubsidiaries
16700000000 USD
CY2014 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
797000000 USD
CY2014Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
572000000 USD
CY2014Q4 us-gaap Dividends Payable Amount Per Share
DividendsPayableAmountPerShare
0.225
CY2012 us-gaap Stockholders Equity Other
StockholdersEquityOther
-76000000 USD
CY2013Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
3647000000 USD
CY2013Q1 us-gaap Net Income Loss
NetIncomeLoss
1437000000 USD
CY2013Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
3414000000 USD
CY2013Q4 us-gaap Revenues
Revenues
16926000000 USD
CY2013Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
3067000000 USD
CY2013Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
3435000000 USD
CY2013 cmcsa Purchase Of Noncontrolling Common Equity Interest
PurchaseOfNoncontrollingCommonEquityInterest
-1677000000 USD
CY2014 cmcsa Noncontrolling Interest Increase From Equity Issuance Or Sale Of Parent Equity Interest
NoncontrollingInterestIncreaseFromEquityIssuanceOrSaleOfParentEquityInterest
11000000 USD
CY2014Q4 cmcsa Company Shares Exchanged For Each Acquiree Share
CompanySharesExchangedForEachAcquireeShare
2.875 pure
CY2012 us-gaap Asset Impairment Charges
AssetImpairmentCharges
161000000 USD
CY2014Q4 cmcsa Totalcustomerrelationships
Totalcustomerrelationships
27000000
CY2014 cmcsa Noncash Interest Expense Income Net
NoncashInterestExpenseIncomeNet
180000000 USD
CY2013 cmcsa Noncash Interest Expense Income Net
NoncashInterestExpenseIncomeNet
167000000 USD
CY2012 cmcsa Noncash Interest Expense Income Net
NoncashInterestExpenseIncomeNet
193000000 USD
CY2014 cmcsa Film And Television Costs Net
FilmAndTelevisionCostsNet
562000000 USD
CY2013 cmcsa Film And Television Costs Net
FilmAndTelevisionCostsNet
-44000000 USD
CY2012 cmcsa Film And Television Costs Net
FilmAndTelevisionCostsNet
-22000000 USD
CY2013 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
42000000 USD
CY2011Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1620000000 USD
CY2013Q3 us-gaap Revenues
Revenues
16151000000 USD
CY2013Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.195
CY2013Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.195
CY2013Q2 us-gaap Net Income Loss
NetIncomeLoss
1734000000 USD
CY2013Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.55
CY2013Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.66
CY2013Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.66
CY2013Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.73
CY2013Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.54
CY2013Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.65
CY2013Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.65
CY2013Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.72
CY2013Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.195
CY2013Q4 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.195
CY2014 us-gaap Income Tax Effects Allocated Directly To Equity Other
IncomeTaxEffectsAllocatedDirectlyToEquityOther
299000000 USD
CY2013 us-gaap Income Tax Effects Allocated Directly To Equity Other
IncomeTaxEffectsAllocatedDirectlyToEquityOther
244000000 USD
CY2012 us-gaap Income Tax Effects Allocated Directly To Equity Other
IncomeTaxEffectsAllocatedDirectlyToEquityOther
164000000 USD
CY2013Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
35494000000 USD
CY2014Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
36336000000 USD
CY2014 us-gaap Multiemployer Plans Funded Status
MultiemployerPlansFundedStatus
At least 80 percent
CY2013Q4 us-gaap Line Of Credit Facility Amount Outstanding
LineOfCreditFacilityAmountOutstanding
1250000000 USD
CY2014Q4 us-gaap Accounts Receivable Net Noncurrent
AccountsReceivableNetNoncurrent
569000000 USD
CY2013Q1 us-gaap Revenues
Revenues
15310000000 USD
CY2013 cmcsa Consideration Transferred Related To Redemption Transaction By Funding Source
ConsiderationTransferredRelatedToRedemptionTransactionByFundingSource
725000000 USD
CY2011Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
1435000000 USD
CY2013Q4 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
4536000000 USD
CY2014Q4 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
810000000 USD
CY2013Q4 us-gaap Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
4263000000 USD
CY2014Q4 us-gaap Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
1896000000 USD
CY2014 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount
3250000000 USD
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
P5Y0M0D
CY2013 cmcsa Fair Value Equity Securities Settlement
FairValueEquitySecuritiesSettlement
1400000000 USD
CY2014 cmcsa Fair Value Equity Securities Settlement
FairValueEquitySecuritiesSettlement
3200000000 USD
CY2014 us-gaap Use Of Estimates
UseOfEstimates
<div><p style='text-align:left;margin-top:0pt;margin-bottom:5.4pt;line-height:13pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Our consolidated financial statements are prepared in accordance with GAAP, which requires us to select accounting policies, including in certain cases industry-specific policies, and make estimates that affect the </font><font style='font-family:Times New Roman;font-size:10pt;' >reported amount of assets, liabilities, revenue and expenses, and the related disclosure of contingent assets and contingent liabilities. Actual results could differ from these estimates. We believe that the judgments and related estimates for the followin</font><font style='font-family:Times New Roman;font-size:10pt;' >g items are critical in the preparation of our consolidated financial statements:</font></p><ul><li style='list-style:disc;text-align:left;margin-top:0pt;margin-bottom:5.4pt;' ><font style='font-family:Times New Roman;font-size:10pt;' >valuation and impairment testing of cable franchise rights (see Note 9)</font></li><li style='list-style:disc;text-align:left;margin-top:0pt;margin-bottom:5.4pt;' ><font style='font-family:Times New Roman;font-size:10pt;' >film and television costs (see Note 6)</font></li><li style='list-style:disc;text-align:left;margin-top:0pt;margin-bottom:5.4pt;' ><font style='font-family:Times New Roman;font-size:10pt;' >income taxes (see Note 15)</font></li></ul><p style='text-align:left;margin-top:0pt;margin-bottom:5.4pt;line-height:13pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >In addition, the f</font><font style='font-family:Times New Roman;font-size:10pt;' >ollowing accounting </font><font style='font-family:Times New Roman;font-size:10pt;' >policies are specific to the industries in which we operate:</font></p><ul><li style='list-style:disc;text-align:left;margin-top:0pt;margin-bottom:5.4pt;' ><font style='font-family:Times New Roman;font-size:10pt;' >capitalization and amortization of film and television costs (see Note 6)</font></li><li style='list-style:disc;text-align:left;margin-top:0pt;margin-bottom:5.4pt;' ><font style='font-family:Times New Roman;font-size:10pt;' >installation costs for connecting customers to our cable systems (see Note 8)</font></li></ul><p style='text-align:left;margin-top:0pt;margin-bottom:5.4pt;line-height:13pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Information</font><font style='font-family:Times New Roman;font-size:10pt;' > on our other accounting policies or methods related to our consolidated financial statements </font><font style='font-family:Times New Roman;font-size:10pt;' >are</font><font style='font-family:Times New Roman;font-size:10pt;' > included, where applicable, in their respective footnotes that follow. </font><font style='font-family:Times New Roman;font-size:10pt;' >Below is a discussion of accounting policies and methods used in our consolidated finan</font><font style='font-family:Times New Roman;font-size:10pt;' >cial statements that are not presented within other footnotes.</font></p><p style='text-align:left;margin-top:5.4pt;margin-bottom:5.4pt;line-height:13pt;' ></p></div>
CY2014Q4 cmcsa Percentage Of Employees Covered Under Collective Bargaining Agreements Expired Or Scheduled To Expire During Next Year
PercentageOfEmployeesCoveredUnderCollectiveBargainingAgreementsExpiredOrScheduledToExpireDuringNextYear
0.3 pure
CY2014 us-gaap Debt Instrument Basis Spread On Variable Rate1
DebtInstrumentBasisSpreadOnVariableRate1
0.01 pure
CY2013Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
42574000000 USD
CY2014Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
45410000000 USD
CY2014Q3 cmcsa Change In Income Tax Expense Related To Effectively Settled Uncertain Tax Positions
ChangeInIncomeTaxExpenseRelatedToEffectivelySettledUncertainTaxPositions
724000000 USD
CY2013Q4 us-gaap Commercial Paper
CommercialPaper
1350000000 USD
CY2014Q4 us-gaap Commercial Paper
CommercialPaper
845000000 USD
CY2013Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
31699000000 USD
CY2014Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
32764000000 USD

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