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Condensed Consolidating Financial Information
 12 Months Ended
Dec. 31, 2015
Condensed Consolidating Financial Information [Abstract]  
Condensed Consolidating Financial Information

Note 20: Condensed Consolidating Financial Information

Comcast (“Comcast Parent”), Comcast Cable Communications, LLC (“CCCL Parent”) and NBCUniversal (“NBCUniversal Media Parent”) have fully and unconditionally guaranteed each other’s debt securities. In addition, the Comcast revolving credit facility and the Comcast commercial paper program are also fully and unconditionally guaranteed by NBCUniversal. The Comcast commercial paper program is supported by the Comcast revolving credit facility. The debt securities within the guarantee structure total $44.3 billion, of which $10.7 billion will mature within the next five years.

In October 2015, we merged three of our wholly owned subsidiaries, Comcast MO Group, LLC (“Comcast MO Group”), Comcast Cable Holdings, LLC (“CCH”) and Comcast MO of Delaware, LLC (“Comcast MO of Delaware”), with and into CCCL Parent. Comcast MO Group, CCH and Comcast MO of Delaware were guarantors prior to the merger and were collectively referred to as the “Combined CCHMO Parents.” Accordingly, the financial information for CCCL Parent reflects both the former Combined CCHMO Parents and the CCCL Parent for all periods presented.

Comcast Parent and CCCL Parent also fully and unconditionally guarantee NBCUniversal Enterprise’s $4 billion of senior notes, as well as the NBCUniversal Enterprise revolving credit facility and the associated commercial paper program. NBCUniversal Media Parent does not guarantee the NBCUniversal Enterprise senior notes, credit facility or commercial paper program.

Comcast Parent provides an unconditional subordinated guarantee of the $185 million principal amount currently outstanding of Comcast Holdings’ ZONES due October 2029. Neither CCCL Parent nor NBCUniversal Media Parent guarantee the Comcast Holdings’ ZONES due October 2029. None of Comcast Parent, CCCL Parent nor NBCUniversal Media Parent guarantee the $62 million principal amount currently outstanding of Comcast Holdings’ ZONES due November 2029 or the $3.3 billion of Universal Studios Japan term loans.

Condensed Consolidating Balance Sheet
December 31, 2015 (in millions)Comcast ParentComcast HoldingsCCCL ParentNBCUniversal Media ParentNon-Guarantor SubsidiariesElimination and Consolidation AdjustmentsConsolidated Comcast Corporation
Assets
Cash and cash equivalents$-$-$-$414$1,881$-$2,295
Investments----106-106
Receivables, net----6,896-6,896
Programming rights----1,213-1,213
Other current assets69--171,707-1,793
Total current assets69--43111,803-12,303
Film and television costs----5,855-5,855
Investments33--4302,761-3,224
Investments in and amounts due from subsidiaries eliminated upon consolidation87,142111,241119,35442,441109,598(469,776)-
Property and equipment, net210---33,455-33,665
Franchise rights----59,364-59,364
Goodwill----32,945-32,945
Other intangible assets, net12---16,934-16,946
Other noncurrent assets, net1,301147-782,114(1,368)2,272
Total assets$88,767$111,388$119,354$43,380$274,829$(471,144)$166,574
Liabilities and Equity
Accounts payable and accrued expenses related to trade creditors$16$-$-$-$6,199$-$6,215
Accrued participations and residuals----1,572-1,572
Accrued expenses and other current liabilities1,7893352903893,961-6,764
Current portion of long-term debt1,149--1,0051,473-3,627
Total current liabilities2,9543352901,39413,205-18,178
Long-term debt, less current portion31,1061302,6508,2116,897-48,994
Deferred income taxes-624-6634,098(1,222)33,566
Other noncurrent liabilities2,438--1,0877,258(146)10,637
Redeemable noncontrolling interests
and redeemable subsidiary preferred stock----1,221-1,221
Equity:
Common stock29-----29
Other shareholders’ equity52,240110,299116,41432,622210,441(469,776)52,240
Total Comcast Corporation shareholders’ equity52,269110,299116,41432,622210,441(469,776)52,269
Noncontrolling interests----1,709-1,709
Total equity52,269110,299116,41432,622212,150(469,776)53,978
Total liabilities and equity$88,767$111,388$119,354$43,380$274,829$(471,144)$166,574

Condensed Consolidating Balance Sheet
December 31, 2014(in millions)Comcast ParentComcast HoldingsCCCL ParentNBCUniversal Media ParentNon-Guarantor SubsidiariesElimination and Consolidation AdjustmentsConsolidated Comcast Corporation
Assets
Cash and cash equivalents$-$-$-$385$3,525$-$3,910
Investments----602-602
Receivables, net----6,321-6,321
Programming rights----839-839
Other current assets267--411,551-1,859
Total current assets267--42612,838-13,531
Film and television costs----5,727-5,727
Investments36--3782,721-3,135
Investments in and amounts due from subsidiaries eliminated upon consolidation84,142103,420111,87041,23998,152(438,823)-
Property and equipment, net199---30,754-30,953
Franchise rights----59,364-59,364
Goodwill----27,316-27,316
Other intangible assets, net11---16,969-16,980
Other noncurrent assets, net1,086145-801,949(1,080)2,180
Total assets$85,741$103,565$111,870$42,123$255,790$(439,903)$159,186
Liabilities and Equity
Accounts payable and accrued expenses related to trade creditors$19$-$1$-$5,618$-$5,638
Accrued participations and residuals----1,347-1,347
Accrued expenses and other current liabilities1,5472832803313,767-6,208
Current portion of long-term debt1,650-6771,006884-4,217
Total current liabilities3,2162839581,33711,616-17,410
Long-term debt, less current portion27,4781232,6499,2064,408-43,864
Deferred income taxes-701-6733,127(936)32,959
Other noncurrent liabilities2,336--1,1437,484(144)10,819
Redeemable noncontrolling interests
and redeemable subsidiary preferred stock----1,066-1,066
Equity:
Common stock30-----30
Other shareholders’ equity52,681102,458108,26330,370197,732(438,823)52,681
Total Comcast Corporation shareholders’ equity52,711102,458108,26330,370197,732(438,823)52,711
Noncontrolling interests----357-357
Total equity52,711102,458108,26330,370198,089(438,823)53,068
Total liabilities and equity$85,741$103,565$111,870$42,123$255,790$(439,903)$159,186

Condensed Consolidating Statement of Income
For the Year Ended December 31, 2015(in millions)Comcast ParentComcast HoldingsCCCL ParentNBCUniversal Media ParentNon-Guarantor SubsidiariesElimination and Consolidation AdjustmentsConsolidated Comcast Corporation
Revenue:
Service revenue$-$-$-$-$74,510$-$74,510
Management fee revenue1,005-977--(1,982)-
1,005-977-74,510(1,982)74,510
Costs and Expenses:
Programming and production----22,550-22,550
Other operating and administrative760-97792220,662(1,982)21,339
Advertising, marketing and promotion----5,943-5,943
Depreciation31---6,750-6,781
Amortization6---1,893-1,899
797-97792257,798(1,982)58,512
Operating income (loss)208--(922)16,712-15,998
Other Income (Expense):
Interest expense(1,744)(12)(270)(462)(214)-(2,702)
Investment income (loss), net6(1)-(19)95-81
Equity in net income (losses) of
investees, net 9,1598,6518,0404,8523,089(34,116)(325)
Other income (expense), net(3)--(31)354-320
7,4188,6387,7704,3403,324(34,116)(2,626)
Income (loss) before income taxes7,6268,6387,7703,41820,036(34,116)13,372
Income tax (expense) benefit537494(4)(5,590)-(4,959)
Net income (loss) 8,1638,6427,8643,41414,446(34,116)8,413
Net (income) loss attributable to
noncontrolling interests and redeemable subsidiary preferred stock----(250)-(250)
Net income (loss) attributable to
Comcast Corporation$8,163$8,642$7,864$3,414$14,196$(34,116)$8,163
Comprehensive income (loss)
attributable to Comcast Corporation$8,135$8,625$7,864$3,361$14,192$(34,042)$8,135

Condensed Consolidating Statement of Income
For the Year Ended December 31, 2014(in millions)Comcast ParentComcast HoldingsCCCL ParentNBCUniversal Media ParentNon-Guarantor SubsidiariesElimination and Consolidation AdjustmentsConsolidated Comcast Corporation
Revenue:
Service revenue$-$-$-$-$68,775$-$68,775
Management fee revenue947--921---(1,868)-
947-921-68,775(1,868)68,775
Costs and Expenses:
Programming and production----20,912-20,912
Other operating and administrative751-92190819,142(1,868)19,854
Advertising, marketing and promotion----5,086-5,086
Depreciation34---6,303-6,337
Amortization6---1,676-1,682
791-92190853,119(1,868)53,871
Operating income (loss)156--(908)15,656-14,904
Other Income (Expense):
Interest expense(1,621)(11)(294)(479)(212)-(2,617)
Investment income (loss), net312-(7)288-296
Equity in net income (losses) of
investees, net 9,3308,8438,3504,5233,212(34,161)97
Other income (expense), net---(4)(211)-(215)
7,7128,8448,0564,0333,077(34,161)(2,439)
Income (loss) before income taxes7,8688,8448,0563,12518,733(34,161)12,465
Income tax (expense) benefit512-103(10)(4,478)-(3,873)
Net income (loss)8,3808,8448,1593,11514,255(34,161)8,592
Net (income) loss attributable to
noncontrolling interests and redeemable subsidiary preferred stock ----(212)-(212)
Net income (loss) attributable
to Comcast Corporation$8,380$8,844$8,159$3,115$14,043$(34,161)$8,380
Comprehensive income (loss)
attributable to Comcast Corporation$8,178$8,807$8,163$2,972$13,980$(33,922)$8,178

Condensed Consolidating Statement of Income
For the Year Ended December 31, 2013 (in millions)Comcast ParentComcast HoldingsCCCL ParentNBCUniversal Media ParentNon-Guarantor SubsidiariesElimination and Consolidation AdjustmentsConsolidated Comcast Corporation
Revenue:
Service revenue$-$-$-$-$64,657$-$64,657
Management fee revenue897-874--(1,771)-
897-874-64,657(1,771)64,657
Costs and Expenses:
Programming and production----19,670-19,670
Other operating and administrative403-87485518,214(1,771)18,575
Advertising, marketing and promotion----4,978-4,978
Depreciation30---6,224-6,254
Amortization5---1,612-1,617
438-87485550,698(1,771)51,094
Operating income (loss)459--(855)13,959-13,563
Other Income (Expense):-
Interest expense(1,523)(11)(338)(488)(214)-(2,574)
Investment income (loss), net-(13)-3586-576
Equity in net income (losses) of
investees, net7,5097,5407,5123,3311,882(27,860)(86)
Other income (expense), net(2)-2(1)(363)-(364)
5,9847,5167,1762,8451,891(27,860)(2,448)
Income (loss) before income taxes6,4437,5167,1761,99015,850(27,860)11,115
Income tax (expense) benefit3739117(22)(4,457)-(3,980)
Net income (loss) 6,8167,5257,2931,96811,393(27,860)7,135
Net (income) loss attributable to
noncontrolling interests and redeemable subsidiary preferred stock----(319)-(319)
Net income (loss) attributable to
Comcast Corporation$6,816$7,525$7,293$1,968$11,074$(27,860)$6,816
Comprehensive income (loss)
attributable to Comcast Corporation$6,883$7,521$7,277$2,017$10,969$(27,784)$6,883

Condensed Consolidating Statement of Cash Flows
For the Year Ended December 31, 2015 (in millions)Comcast ParentComcast HoldingsCCCL ParentNBCUniversal Media ParentNon-Guarantor SubsidiariesElimination and Consolidation AdjustmentsConsolidated Comcast Corporation
Net cash provided by (used in) operating activities$(792)$48$(167)$(1,398)$21,087$-$18,778
Investing Activities:
Net transactions with affiliates6,559(48)8402,839(10,190)--
Capital expenditures(27)---(8,472)-(8,499)
Cash paid for intangible assets(6)---(1,364)-(1,370)
Acquisitions and construction of real estate properties----(178)-(178)
Acquisitions, net of cash acquired----(1,786)-(1,786)
Proceeds from sales of businesses and investments---4429-433
Purchases of investments(7)--(407)(370)-(784)
Other7--(5)218-220
Net cash provided by (used in) investing activities6,526(48)8402,431(21,713)-(11,964)
Financing Activities:
Proceeds from (repayments of) short-term borrowings, net400---(265)-135
Proceeds from borrowings5,486-----5,486
Repurchases and repayments of debt(2,650)-(673)(1,004)(51)-(4,378)
Repurchases and retirements of common stock(6,750)-----(6,750)
Dividends paid(2,437)-----(2,437)
Issuances of common stock36-----36
Distributions to noncontrolling interests and dividends for redeemable subsidiary preferred stock----(232)-(232)
Other181---(470)-(289)
Net cash provided by (used in) financing activities(5,734)-(673)(1,004)(1,018)-(8,429)
Increase (decrease) in cash and cash equivalents---29(1,644)-(1,615)
Cash and cash equivalents, beginning of year---3853,525-3,910
Cash and cash equivalents, end of year$-$-$-$414$1,881$-$2,295

Condensed Consolidating Statement of Cash Flows
For the Year Ended December 31, 2014(in millions)Comcast ParentComcast HoldingsCCCL ParentNBCUniversal Media ParentNon-Guarantor SubsidiariesElimination and Consolidation AdjustmentsConsolidated Comcast Corporation
Net cash provided by (used in) operating activities$(354)$9$(139)$(1,299)$18,728$-$16,945
Investing Activities:
Net transactions with affiliates4,784(9)1392,247(7,161)--
Capital expenditures(3)---(7,417)-(7,420)
Cash paid for intangible assets(6)---(1,116)-(1,122)
Acquisitions and construction of real estate properties----(43)-(43)
Acquisitions, net of cash acquired----(477)-(477)
Proceeds from sales of businesses and investments---8658-666
Purchases of investments(19)--(10)(162)-(191)
Other---5(151)-(146)
Net cash provided by (used in) investing activities4,756(9)1392,250(15,869)-(8,733)
Financing Activities:
Proceeds from (repayments of) short-term borrowings, net(1,350)---846-(504)
Proceeds from borrowings4,180---2-4,182
Repurchases and repayments of debt(1,000)--(902)(1,273)-(3,175)
Repurchases and retirements of common stock(4,251)-----(4,251)
Dividends paid(2,254)-----(2,254)
Issuances of common stock35-----35
Distributions to noncontrolling interests and dividends for redeemable subsidiary preferred stock----(220)-(220)
Other238---(71)-167
Net cash provided by (used in) financing activities(4,402)--(902)(716)-(6,020)
Increase (decrease) in cash and cash equivalents---492,143-2,192
Cash and cash equivalents, beginning of year---3361,382-1,718
Cash and cash equivalents, end of year$---3853,525-3,910

Condensed Consolidating Statement of Cash Flows
For the Year Ended December 31, 2013(in millions)Comcast ParentComcast HoldingsCCCL ParentNBCUniversal Media ParentNon-Guarantor SubsidiariesElimination and Consolidation AdjustmentsConsolidated Comcast Corporation
Net cash provided by (used in) operating activities$(600)$(3)$(245)$(1,102)$16,110$-$14,160
Investing Activities:
Net transactions with affiliates6632,580(470)(2,179)--
Capital expenditures(7)---(6,589)-(6,596)
Cash paid for intangible assets(4)---(1,005)-(1,009)
Acquisitions and construction of real estate properties----(1,904)-(1,904)
Acquisitions, net of cash acquired----(99)-(99)
Proceeds from sales of businesses and investments---21,081-1,083
Purchases of investments(11)--(3)(1,209)-(1,223)
Other---108126-234
Net cash provided by (used in) investing activities4432,580(363)(11,778)-(9,514)
Financing Activities:
Proceeds from (repayments of) short-term borrowings, net1,349---(4)-1,345
Proceeds from borrowings2,933-----2,933
Repurchases and repayments of debt--(2,335)(88)(21)-(2,444)
Repurchases and retirements of common stock(2,000)-----(2,000)
Dividends paid(1,964)-----(1,964)
Issuances of common stock40-----40
Purchase of NBCUniversal noncontrolling common equity interest---(3,200)(7,561)-(10,761)
Distributions to noncontrolling interests and dividends for redeemable subsidiary preferred stock----(215)-(215)
Settlement of Station Venture liability----(602)-(602)
Other198--(40)(369)-(211)
Net cash provided by (used in) financing activities556-(2,335)(3,328)(8,772)-(13,879)
Increase (decrease) in cash and cash equivalents---(4,793)(4,440)-(9,233)
Cash and cash equivalents, beginning of year---5,1295,822-10,951
Cash and cash equivalents, end of year$-$-$-$336$1,382$-$1,718