2016 Q3 Form 10-Q Financial Statement

#000119312516747958 Filed on October 26, 2016

View on sec.gov

Income Statement

Concept 2016 Q3 2015 Q3
Revenue $21.32B $18.67B
YoY Change 14.19% 11.18%
Cost Of Revenue $7.003B $5.582B
YoY Change 25.46% 16.97%
Gross Profit $14.32B $13.09B
YoY Change 9.39% 8.89%
Gross Profit Margin 67.15% 70.1%
Selling, General & Admin $7.481B $6.903B
YoY Change 8.37% 9.31%
% of Gross Profit 52.26% 52.75%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $1.865B $1.697B
YoY Change 9.9% 10.27%
% of Gross Profit 13.03% 12.97%
Operating Expenses $9.876B $9.086B
YoY Change 8.69% 9.81%
Operating Profit $4.440B $4.001B
YoY Change 10.97% 6.84%
Interest Expense $751.0M $659.0M
YoY Change 13.96% -0.6%
% of Operating Profit 16.91% 16.47%
Other Income/Expense, Net -$716.0M -$737.0M
YoY Change -2.85% 4.54%
Pretax Income $3.724B $3.264B
YoY Change 14.09% 7.37%
Income Tax $1.400B $1.223B
% Of Pretax Income 37.59% 37.47%
Net Earnings $2.237B $1.996B
YoY Change 12.07% -22.99%
Net Earnings / Revenue 10.49% 10.69%
Basic Earnings Per Share $0.47 $0.81
Diluted Earnings Per Share $0.46 $0.80
COMMON SHARES
Basic Shares Outstanding 4.805B shares 2.472B shares
Diluted Shares Outstanding 4.861B shares 2.502B shares

Balance Sheet

Concept 2016 Q3 2015 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $2.973B $2.060B
YoY Change 44.32% -59.88%
Cash & Equivalents $2.807B $1.893B
Short-Term Investments $166.0M $167.0M
Other Short-Term Assets $3.519B $1.814B
YoY Change 93.99% 7.08%
Inventory
Prepaid Expenses
Receivables $7.533B $6.527B
Other Receivables $0.00 $0.00
Total Short-Term Assets $15.23B $11.50B
YoY Change 32.41% -17.47%
LONG-TERM ASSETS
Property, Plant & Equipment $35.66B $32.17B
YoY Change 10.84% 5.95%
Goodwill $36.65B $27.49B
YoY Change 33.32% 0.62%
Intangibles
YoY Change
Long-Term Investments $1.212B $801.0M
YoY Change 51.31% -21.78%
Other Assets $2.658B $2.500B
YoY Change 6.32% 1.05%
Total Long-Term Assets $162.7B $147.5B
YoY Change 10.33% 1.48%
TOTAL ASSETS
Total Short-Term Assets $15.23B $11.50B
Total Long-Term Assets $162.7B $147.5B
Total Assets $177.9B $159.0B
YoY Change 11.93% -0.18%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $6.594B $5.996B
YoY Change 9.97% 5.56%
Accrued Expenses $5.201B $5.455B
YoY Change -4.66% -0.11%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $3.333B $3.152B
YoY Change 5.74% -10.53%
Total Short-Term Liabilities $18.04B $17.36B
YoY Change 3.91% 1.61%
LONG-TERM LIABILITIES
Long-Term Debt $57.10B $44.61B
YoY Change 28.0% -0.5%
Other Long-Term Liabilities $11.12B $10.69B
YoY Change 3.97% 2.95%
Total Long-Term Liabilities $11.12B $10.69B
YoY Change 3.97% 2.95%
TOTAL LIABILITIES
Total Short-Term Liabilities $18.04B $17.36B
Total Long-Term Liabilities $11.12B $10.69B
Total Liabilities $29.16B $28.05B
YoY Change 3.94% 2.11%
SHAREHOLDERS EQUITY
Retained Earnings $22.51B $20.88B
YoY Change 7.79% -4.23%
Common Stock $28.00M $29.00M
YoY Change -3.45% -3.33%
Preferred Stock
YoY Change
Treasury Stock (at cost) $7.517B $7.517B
YoY Change 0.0% 0.0%
Treasury Stock Shares
Shareholders Equity $53.48B $51.72B
YoY Change
Total Liabilities & Shareholders Equity $177.9B $159.0B
YoY Change 11.93% -0.18%

Cashflow Statement

Concept 2016 Q3 2015 Q3
OPERATING ACTIVITIES
Net Income $2.237B $1.996B
YoY Change 12.07% -22.99%
Depreciation, Depletion And Amortization $1.865B $1.697B
YoY Change 9.9% 10.27%
Cash From Operating Activities $3.703B $4.979B
YoY Change -25.63% 4.71%
INVESTING ACTIVITIES
Capital Expenditures $2.406B $2.165B
YoY Change 11.13% 11.03%
Acquisitions
YoY Change
Other Investing Activities -$5.492B -$487.0M
YoY Change 1027.72% -3143.75%
Cash From Investing Activities -$8.324B -$2.968B
YoY Change 180.46% 35.4%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 2.763B -3.604B
YoY Change -176.66% -892.09%
NET CHANGE
Cash From Operating Activities 3.703B 4.979B
Cash From Investing Activities -8.324B -2.968B
Cash From Financing Activities 2.763B -3.604B
Net Change In Cash -1.858B -1.593B
YoY Change 16.64% -152.78%
FREE CASH FLOW
Cash From Operating Activities $3.703B $4.979B
Capital Expenditures $2.406B $2.165B
Free Cash Flow $1.297B $2.814B
YoY Change -53.91% 0.32%

Facts In Submission

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2472000000 shares
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax
-26000000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-67000000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1544000000 USD
us-gaap Management Fees Revenue
ManagementFeesRevenue
0 USD
cmcsa Distributions To Noncontrolling Interests And Dividends For Redeemable Subsidiary Preferred Stock
DistributionsToNoncontrollingInterestsAndDividendsForRedeemableSubsidiaryPreferredStock
194000000 USD
CY2016Q3 cmcsa Direct To Television Film Costs In Production And In Development
DirectToTelevisionFilmCostsInProductionAndInDevelopment
886000000 USD
us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
712000000 USD
CY2016Q3 us-gaap Depreciation And Amortization
DepreciationAndAmortization
2395000000 USD
CY2015Q3 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
1146000000 USD
cmcsa Net Income Loss Attributable To Noncontrolling Interests And Redeemable Subsidiary Preferred Stock
NetIncomeLossAttributableToNoncontrollingInterestsAndRedeemableSubsidiaryPreferredStock
165000000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-1978000000 USD
CY2016Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-1000000 USD
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
cmcsa Net Transactions With Affiliates
NetTransactionsWithAffiliates
0 USD
CY2015Q4 us-gaap Theatrical Film Costs Released
TheatricalFilmCostsReleased
1275000000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
5862000000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
1823000000 USD
CY2015Q3 cmcsa Net Income Loss Attributable To Noncontrolling Interests And Redeemable Subsidiary Preferred Stock
NetIncomeLossAttributableToNoncontrollingInterestsAndRedeemableSubsidiaryPreferredStock
45000000 USD
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.48
CY2015Q4 us-gaap Assets
Assets
166574000000 USD
CY2015Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
33665000000 USD
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2016
CY2015Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
2272000000 USD
us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
2880000000 USD
CY2016Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.275
CY2016Q3 cmcsa Programming And Production Costs
ProgrammingAndProductionCosts
7003000000 USD
CY2015Q4 us-gaap Goodwill
Goodwill
32945000000 USD
CY2016Q3 us-gaap Goodwill
Goodwill
36652000000 USD
CY2015Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
-16000000 USD
CY2015Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
2295000000 USD
cmcsa Deposit
Deposit
0 USD
cmcsa Deposit
Deposit
1761000000 USD
CY2016Q3 us-gaap Commercial Paper
CommercialPaper
505000000 USD

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