XML 32 R18.htm IDEA: XBRL DOCUMENT v3.7.0.1
Supplemental Financial Information
 6 Months Ended
Jun. 30, 2017
Supplemental Financial Information [Line Items]  
Supplemental Financial Information
Supplemental Financial Information
Receivables
(in millions)
June 30,
2017
 
December 31,
2016
Receivables, gross
$
8,459

 
$
8,622

Less: Allowance for returns and customer incentives
345

 
417

Less: Allowance for doubtful accounts
265

 
250

Receivables, net
$
7,849

 
$
7,955


Accumulated Other Comprehensive Income (Loss)
(in millions)
June 30,
2017
 
June 30,
2016
Unrealized gains (losses) on marketable securities
$
17

 
$
3

Deferred gains (losses) on cash flow hedges
(16
)
 
(75
)
Unrecognized gains (losses) on employee benefit obligations
276

 
8

Cumulative translation adjustments
151

 
65

Accumulated other comprehensive income (loss), net of deferred taxes
$
428

 
$
1


Net Cash Provided by Operating Activities
 
Six Months Ended
June 30
(in millions)
2017
 
2016
Net income
$
5,182

 
$
4,304

Adjustments to reconcile net income to net cash provided by operating activities:
 
 
 
Depreciation and amortization
5,043

 
4,667

Share-based compensation
391

 
331

Noncash interest expense (income), net
122

 
113

Equity in net (income) losses of investees, net
(51
)
 
30

Cash received from investees
49

 
42

Net (gain) loss on investment activity and other
(110
)
 
(126
)
Deferred income taxes
470

 
618

Changes in operating assets and liabilities, net of effects of acquisitions and divestitures:
 
 
 
Current and noncurrent receivables, net
18

 
172

Film and television costs, net
277

 
(171
)
Accounts payable and accrued expenses related to trade creditors
(144
)
 
(104
)
Other operating assets and liabilities
(433
)
 
(82
)
Net cash provided by operating activities
$
10,814

 
$
9,794


Cash Payments for Interest and Income Taxes 
 
Three Months Ended
June 30
 
Six Months Ended
June 30
(in millions)
2017
 
2016
 
2017
 
2016
Interest
$
477

 
$
512

 
$
1,372

 
$
1,235

Income taxes
$
2,077

 
$
1,495

 
$
2,209

 
$
1,685


Noncash Investing and Financing Activities
During the six months ended June 30, 2017:
•
we acquired $1.3 billion of property and equipment and intangible assets that were accrued but unpaid
•
we recorded a liability of $742 million for a quarterly cash dividend of $0.1575 per common share to be paid in July 2017
NBCUniversal Media LLC [Member]  
Supplemental Financial Information [Line Items]  
Supplemental Financial Information
Supplemental Financial Information
Receivables
(in millions)
June 30,
2017
 
December 31,
2016
Receivables, gross
$
6,738

 
$
6,799

Less: Allowance for returns and customer incentives
341

 
413

Less: Allowance for doubtful accounts
78

 
84

Receivables, net
$
6,319

 
$
6,302


Accumulated Other Comprehensive Income (Loss)
(in millions)
June 30,
2017
 
June 30,
2016
Unrealized gains (losses) on marketable securities
$
(139
)
 
$
—

Deferred gains (losses) on cash flow hedges
1

 
(13
)
Unrecognized gains (losses) on employee benefit obligations
118

 
3

Cumulative translation adjustments
76

 
105

Accumulated other comprehensive income (loss)
$
56

 
$
95


Net Cash Provided by Operating Activities 
 
Six Months Ended
June 30
(in millions)
2017
 
2016
Net income
$
2,561

 
$
2,057

Adjustments to reconcile net income to net cash provided by operating activities:
 
 
 
Depreciation and amortization
1,028

 
879

Equity in net (income) losses of investees, net
55

 
21

Cash received from investees
44

 
31

Net (gain) loss on investment activity and other
(26
)
 
(92
)
Deferred income taxes
19

 
64

Changes in operating assets and liabilities, net of effects of acquisitions and divestitures:
 
 
 
Current and noncurrent receivables, net
(95
)
 
145

Film and television costs, net
275

 
(179
)
Accounts payable and accrued expenses related to trade creditors
(220
)
 
(185
)
Other operating assets and liabilities
(115
)
 
(263
)
Net cash provided by operating activities
$
3,526

 
$
2,478


Cash Payments for Interest and Income Taxes 
 
Three Months Ended
June 30
 
Six Months Ended
June 30
(in millions)
2017
 
2016
 
2017
 
2016
Interest
$
210

 
$
219

 
$
287

 
$
285

Income taxes
$
97

 
$
63

 
$
149

 
$
122


Noncash Investing and Financing Activities
During the six months ended June 30, 2017:
•
we acquired $294 million of property and equipment and intangible assets that were accrued but unpaid
•
Comcast contributed its investment in Snap to us at its fair value as of March 31, 2017, which was a noncash transaction (see Note 6 for additional information)