Comcast Corporation (CMCSA) Financial Statements (2024 and earlier)

Company Profile

Business Address ONE COMCAST CENTER
PHILADELPHIA, PA 19103-2838
State of Incorp. PA
Fiscal Year End December 31
Industry (SIC) 4841 - Cable and Other Pay Television Services (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in millions)

3/31/2024
MRQ
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments6,2154,7498,71111,7407,2093,908
Cash and cash equivalents6,2154,7498,71111,7405,5003,814
Short-term investments     1,70994
Restricted cash and investments     4246
Receivables13,81312,67212,00811,46611,29211,104
Other current assets3,9594,4064,0883,5354,7233,184
Other undisclosed current assets  (1)  2,1263,606
Total current assets:23,98721,82624,80726,74125,39221,848
Noncurrent Assets
Operating lease, right-of-use asset 5,7865,9976,4673,784 
Property, plant and equipment59,68655,48554,04751,99548,32244,437
Long-term investments and receivables11,2999,1379,7148,9118,3267,883
Long-term investments9,3857,2508,0827,8206,9897,883
Accounts and financing receivable, after allowance for credit loss1,9141,8871,6321,0911,337 
Intangible assets, net (including goodwill)116,200121,267139,589145,598147,001149,683
Goodwill59,26858,49470,18970,66968,72566,154
Intangible assets, net (excluding goodwill)56,93262,77369,40074,92978,27683,529
Restricted cash and investments  1212144749
Other noncurrent assets12,33312,49712,4248,1038,8665,802
Other undisclosed noncurrent assets35,52031,05428,84528,72325,46021,982
Total noncurrent assets:240,824235,449251,098247,128238,022229,836
TOTAL ASSETS:264,811257,275275,905273,869263,414251,684
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities24,05021,99422,35420,98121,34219,215
Accounts payable12,43712,54412,45511,36410,8268,494
Accrued liabilities11,6139,4509,8999,61710,51610,721
Deferred revenue3,2422,3803,0402,9632,768
Debt2,0691,7432,1323,1464,4524,398
Other undisclosed current liabilities10,8371,7701,8221,7061,7303,990
Total current liabilities:40,19827,88729,34828,79630,29227,603
Noncurrent Liabilities
Long-term debt and lease obligation, including:95,02193,06892,718100,61497,765107,345
Other undisclosed long-term debt and lease obligation95,02193,06886,24596,87497,765107,345
Liabilities, other than long-term debt46,12549,10951,35647,02346,57616,341
Deferred revenue   695750618
Deferred income tax liabilities26,00328,71430,04128,05128,180
Liability for uncertainty in income taxes     1,0131,012
Other liabilities20,12220,39520,62018,22216,76515,329
Operating lease, liability   6,4733,740 
Other undisclosed noncurrent liabilities 5,1734,4744,4183,53526,577
Total noncurrent liabilities:141,146147,350148,548152,055147,876150,263
Total liabilities:181,344175,237177,896180,851178,168177,866
Temporary equity, carrying amount2414115191,2801,3721,316
Equity
Equity, attributable to parent, including:82,70380,94396,09290,32382,72671,613
Common stock     5454
Treasury stock, value(7,517)(7,517)(7,517)(7,517)(7,517)(7,517)
Additional paid in capital38,53339,41240,17339,46438,44737,461
Accumulated other comprehensive income (loss)(1,253)(2,611)1,4801,8841,047(368)
Retained earnings52,89251,60961,90256,43850,69541,983
Other undisclosed equity, attributable to parent48505454  
Equity, attributable to noncontrolling interest5236841,3981,4151,148889
Total equity:83,22681,62797,49091,73883,87472,502
TOTAL LIABILITIES AND EQUITY:264,811257,275275,905273,869263,414251,684

Income Statement (P&L) ($ in millions)

3/31/2024
TTM
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
Revenues121,572121,427116,385103,564108,94294,507
Cost of revenue(83,009)(85,199)(72,988)(65,093)(66,063)(56,000)
Gross profit:38,56336,22843,39738,47142,87938,507
Operating expenses(15,249)(22,186)(22,580)(20,978)(21,754)(19,498)
Other undisclosed operating loss  (1)    
Operating income:23,31414,04120,81717,49321,12519,009
Nonoperating income (expense)1,252(861)2,5571,160438(225)
Other nonoperating income592     
Interest and debt expense(4,087)(3,896)(4,281)(4,588)(4,567)(3,542)
Income from continuing operations before equity method investments, income taxes:20,4799,28419,09314,06516,99615,242
Other undisclosed loss from continuing operations before income taxes(1)     
Income from continuing operations before income taxes:20,4789,28419,09314,06516,99615,242
Income tax expense(5,371)(4,359)(5,259)(3,364)(3,673)(3,380)
Income from continuing operations:15,1074,92513,83410,70113,32311,862
Income before gain (loss) on sale of properties:13,83410,70113,32311,862
Other undisclosed net loss  (1)   
Net income:15,1074,92513,83310,70113,32311,862
Net income attributable to noncontrolling interest282445    
Other undisclosed net income (loss) attributable to parent(1) 326(167)(266)(131)
Net income available to common stockholders, diluted:15,3885,37014,15910,53413,05711,731

Comprehensive Income ($ in millions)

3/31/2024
TTM
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
Net income:15,1074,92513,83310,70113,32311,862
Other comprehensive income (loss)1,33829976(331)(50)(864)
Other undisclosed comprehensive income (loss) (4,419)(473)1,2281,452 
Comprehensive income:16,44580513,43611,59814,72510,998
Comprehensive income (loss), net of tax, attributable to noncontrolling interest301474(7)(60)1341
Other undisclosed comprehensive income (loss), net of tax, attributable to parent  1326(167)(266)(131)
Comprehensive income, net of tax, attributable to parent:16,7461,28013,75511,37114,47210,908

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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