Significant Transactions (Tables)

12 Months Ended

Dec. 31, 2019

Business Acquisition [Line Items]

Allocation of Purchase Price

The table below presents the allocation of the all-cash purchase price of £30.2 billion, or $39.4 billion, to the assets and liabilities of Sky as a result of the transaction.

Allocation of Purchase Price
(in millions)
Consideration transferred	$	39,387
Allocation of purchase price
Cash	$	1,283
Accounts receivable and other current assets	2,359
Film and television costs (See Note 4)	2,512
Property and equipment (See Note 11)	4,127
Intangible assets (See Note 12)	19,539
Accounts payable, accrued liabilities and other current liabilities	(5,885		)
Long-term debt (See Note 7)	(11,468		)
Deferred tax assets (liabilities), net (See Note 5)	(2,974		)
Other noncurrent assets and (liabilities), net	(1,398		)
Fair value of identifiable net assets acquired	8,095
Goodwill (See Note 12)	$	31,292

Amounts Related to Expenses Included in Consolidated Statement of Operations

The amounts below do not reflect the costs of any integration activities or costs related to synergies that may be achieved as a result of the acquisition.

(in millions)	Year ended December 31, 2018
Other operating and administrative expenses	$	339
Interest expense	$	63

Unaudited Pro Forma Information

The following unaudited pro forma information has been presented as if the Sky transaction occurred on January 1, 2017. This information is based on historical results of operations, adjusted for allocation of purchase price and other acquisition accounting adjustments, and is not necessarily indicative of what the results would have been had we operated the business since January 1, 2017. For pro forma purposes, 2018 earnings were adjusted to exclude acquisition-related costs noted above, and 2017 earnings were adjusted to include these costs. No pro forma adjustments have been made for cost savings or synergies that have been or may be achieved by the combined businesses. The year ended December 31, 2019 is not presented as Sky is included in the consolidated results for the entire period.

Year ended December 31 (in millions, except per share data)	2018		2017
Revenue	$	109,518	$	102,971
Net income attributable to Comcast Corporation	$	12,176	$	22,085
Basic earnings per common share attributable to Comcast Corporation shareholders	$	2.66	$	4.69
Diluted earnings per common share attributable to Comcast Corporation shareholders	$	2.62	$	4.61