XML 60 R20.htm IDEA: XBRL DOCUMENT v3.24.4
Equity
 12 Months Ended
Dec. 31, 2024
Equity [Abstract]  
Equity
Note 11: Equity
Common Stock
In the aggregate, holders of our Class A common stock have 662/3% of the voting power of our common stock and holders of our Class B common stock have 331/3% of the voting power of our common stock, which percentage is generally non-dilutable under the terms of our articles of incorporation. Each share of our Class B common stock is entitled to 15 votes. The number of votes held by each share of our Class A common stock depends on the number of shares of Class A and Class B common stock outstanding at any given time. The 331/3% aggregate voting power of our Class B common stock cannot be diluted by additional issuances of any other class of common stock. Our Class B common stock is convertible, share for share, into Class A common stock, subject to certain restrictions.
We present excise tax payments related to repurchases of common stock within repurchases of common stock under repurchase program and employee plans in the consolidated statements of cash flows.
Shares of Common Stock Outstanding
(in millions)
Class A
Class B
Balance, December 31, 20214,524 9 
Stock compensation plans12 — 
Repurchases and retirements of common stock(332)— 
Employee stock purchase plans7 — 
Balance, December 31, 20224,211 9 
Stock compensation plans14 — 
Repurchases and retirements of common stock(262)— 
Employee stock purchase plans7 — 
Balance, December 31, 20233,969 9 
Stock compensation plans14 — 
Repurchases and retirements of common stock(212)— 
Employee stock purchase plans6 — 
Balance, December 31, 20243,778 9 
Weighted-Average Common Shares Outstanding
Year ended December 31 (in millions)202420232022
Weighted-average number of common shares outstanding – basic3,885 4,122 4,406 
Effect of dilutive securities24 25 24 
Weighted-average number of common shares outstanding – diluted
3,908 4,148 4,430 
Antidilutive securities184 169 176 
Weighted-average common shares outstanding used in calculating diluted earnings per common share attributable to Comcast Corporation shareholders (“diluted EPS”) considers the impact of potentially dilutive securities using the treasury stock method. Our potentially dilutive securities include potential common shares related to our stock options and our restricted share units (“RSUs”). Diluted EPS excludes the impact of potential common shares related to our stock options in periods in which the combination of the option exercise price and the associated unrecognized compensation expense is greater than the average market price of our common stock. Antidilutive securities represent the number of potential common shares related to share-based compensation awards that were excluded from diluted EPS because their effect would have been antidilutive.
Accumulated Other Comprehensive Income (Loss)
December 31 (in millions)20242023
Cumulative translation adjustments$(2,474)$(1,596)
Deferred gains (losses) on cash flow hedges106 49 
Unrecognized gains (losses) on employee benefit obligations and other325 293 
Accumulated other comprehensive income (loss), net of deferred taxes$(2,043)$(1,253)