Investments (Tables)

12 Months Ended

Dec. 31, 2015

Investment Summary

December 31 (in millions)			2015		2014
Fair Value Method		$	167	$	662
Equity Method:
	The Weather Channel		-		335
	Hulu		184		167
	Other		494		517
			678		1,019
Cost Method:
	AirTouch		1,583		1,568
	Other		902		488
			2,485		2,056
Total investments			3,330		3,737
Less: Current investments			106		602
Noncurrent investments		$	3,224	$	3,135

Investment Income (Loss), Net

Investment Income (Loss), Net
Year ended December 31 (in millions)			2015		2014		2013
Gains on sales and exchanges of investments, net		$	12	$	192	$	484
Investment impairment losses			(59)		(50)		(29)
Unrealized gains on securities underlying prepaid forward sale agreements			42		66		1,601
Mark to market adjustments on derivative component of prepaid forward sale
	agreements and indexed debt instruments		(42)		(56)		(1,604)
Interest and dividend income			115		116		111
Other, net			13		28		13
Investment income (loss), net		$	81	$	296	$	576

Prepaid Forward Sale Agreements

Prepaid Forward Sale Agreements
December 31 (in millions)			2014
Assets:
	Fair value equity securities held as collateral	$	523
Liabilities:
	Obligations under prepaid forward sale agreements	$	119
	Derivative component of prepaid forward sale agreements		356
Total liabilities		$	475

NBCUniversal Media LLC [Member]

Investment Summary

December 31 (in millions)			2015		2014
Fair Value Method		$	10	$	10
Equity Method:
	The Weather Channel		-		335
	Hulu		184		167
	Other		313		338
			497		840
Cost Method			458		32
Total investments		$	965	$	882

Summarized Financial Information

December 31 (in millions)				2015		2014
Current assets			$	1,904	$	1,529
Noncurrent assets			$	3,584	$	4,572
Current liabilities			$	1,225	$	1,235
Noncurrent liabilities			$	4,879	$	4,162
Year ended December 31 (in millions)		2015		2014		2013
Revenue	$	3,944	$	3,756	$	3,360
Operating income (loss)	$	(1,609)	$	483	$	645
Net income (loss)	$	(1,820)	$	243	$	188