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Related Party Transactions
 9 Months Ended
Sep. 30, 2017
NBCUniversal Media LLC [Member]  
Related Party Transaction [Line Items]  
Related Party Transactions
Related Party Transactions
In the ordinary course of our business, we enter into transactions with Comcast.
We generate revenue from Comcast primarily from the distribution of our cable network programming, the fees received under retransmission consent agreements in our Broadcast Television segment and, to a lesser extent, the sale of advertising and our owned programming, and we incur expenses primarily related to advertising and various support services provided by Comcast to us.
Comcast is also the counterparty to one of our contractual obligations. As of September 30, 2017, the carrying value of the liability associated with this contractual obligation was $383 million.
The following tables present transactions with Comcast and its consolidated subsidiaries that are included in our condensed consolidated financial statements.
Condensed Consolidated Balance Sheet
(in millions)
September 30,
2017
 
December 31,
2016
Transactions with Comcast and Consolidated Subsidiaries
 
 
 
Receivables, net
$
327

 
$
285

Accounts payable and accrued expenses related to trade creditors
$
33

 
$
55

Accrued expenses and other current liabilities
$
39

 
$
4

Note payable to Comcast
$
1,805

 
$
2,703

Other noncurrent liabilities
$
389

 
$
389

Condensed Consolidated Statement of Income
 
Three Months Ended
September 30
 
Nine Months Ended
September 30
(in millions)
2017
 
2016
 
2017
 
2016
Transactions with Comcast and Consolidated Subsidiaries
 
 
 
 
 
 
 
Revenue
$
463

 
$
522

 
$
1,382

 
$
1,335

Operating costs and expenses
$
(38
)
 
$
(53
)
 
$
(148
)
 
$
(157
)
Other income (expense)
$
(20
)
 
$
(18
)
 
$
(67
)
 
$
(48
)