Time Warner Cable Inc (TWC) Financial Statements (2025 and earlier)

Company Profile

Business Address 60 COLUMBUS CIRCLE, 17TH FLOOR
NEW YORK, NY 10023
State of Incorp. DE
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)
Annual | Quarterly

3/31/2016
MRQ
12/31/2015
12/31/2014
12/31/2013
12/31/2012
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 1,1707075253,454
Cash and cash equivalents 1,1707075253,304
Short-term investments    150
Receivables 916949954883
Prepaid expense 356365297✕
Prepaid expense and other current assets✕✕✕✕223
Other undisclosed current assets 17295368317
Total current assets: 2,4592,3162,1444,877
Noncurrent Assets
Property, plant and equipment 16,94515,99015,05614,742
Long-term investments and receivables 65645687
Long-term investments 65645687
Intangible assets, net (including goodwill) 29,59029,6723,7483,530
Goodwill 3,1393,1373,1962,889
Intangible assets, net (excluding goodwill) 26,45126,535552641
Other noncurrent assets 2184591,257✕
Prepaid expense and other noncurrent assets✕✕✕✕562
Defined benefit plan, assets for plan benefits   611 
Deferred tax assets, net    (11,280)
Other undisclosed noncurrent assets   25,40137,291
Total noncurrent assets: 46,81846,18546,12944,932
TOTAL ASSETS: 49,27748,50148,27349,809
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities 6562,2291,0911,136
Interest and dividends payable  486  
Taxes payable  13213299
Employee-related liabilities  397394384
Accounts payable 656567565653
Accrued liabilities  647  
Debt 51,0171,7671,518
Restructuring reserve 76✕✕
Other liabilities 2,0791,8131,8371,799
Deferred revenue and credits    183
Other undisclosed current liabilities 1,202(568)531689
Total current liabilities: 3,9494,4975,2265,325
Noncurrent Liabilities
Long-term debt and lease obligation, including: 22,49722,70123,28525,171
Other undisclosed long-term debt and lease obligation 22,49722,70123,28525,171
Liabilities, other than long-term debt 13,83213,38112,847954
Pension and other postretirement defined benefit plans, liabilities✕✕✕32204
Deferred tax liabilities, net 12,83012,56012,098 
Liability, pension and other postretirement and postemployment benefits  95✕✕
Other liabilities 1,002726717750
Other undisclosed noncurrent liabilities  (95)(32)11,076
Total noncurrent liabilities: 36,32935,98736,10037,201
Total liabilities: 40,27840,48441,32642,526
Equity
Equity, attributable to parent 8,9958,0136,9437,279
Common stock 3333
Additional paid in capital 7,4817,1726,9517,576
Accumulated other comprehensive income (loss) (414)(324)44(663)
Retained earnings (accumulated deficit) 1,9251,162(55)363
Equity, attributable to noncontrolling interest 4444
Total equity: 8,9998,0176,9477,283
TOTAL LIABILITIES AND EQUITY: 49,27748,50148,27349,809

Income Statement (P&L) ($ in millions)
Annual | Quarterly

3/31/2016
TTM
12/31/2015
12/31/2014
12/31/2013
12/31/2012
Revenues 23,69722,81222,12021,386
Cost of revenue (3,899)(3,596)(13,509)(13,150)
Cost of goods and services sold   (10,342) 
Gross profit: 19,79819,2168,6118,236
Operating expenses (15,559)(14,584)(4,031)(3,791)
Operating income: 4,2394,6324,5804,445
Nonoperating income 150361488
Investment income, nonoperating  1(10)(9)
Other nonoperating income 1503511497
Interest and debt expense (1,402)(1,419)(1,555)(1,614)
Income from continuing operations before equity method investments, income taxes: 2,9873,2493,0263,319
Income from equity method investments  3319454
Other undisclosed income (loss) from continuing operations before income taxes 1(34)(6)(437)
Income from continuing operations before income taxes: 2,9883,2483,0393,336
Income tax expense (1,144)(1,217)(1,085)(1,177)
Income from continuing operations: 1,8442,0311,9542,159
Income before gain (loss) on sale of properties: 1,8442,0311,9542,159
Net income: 1,8442,0311,9542,159
Net loss attributable to noncontrolling interest    (4)
Net income available to common stockholders, basic: 1,8442,0311,9542,155
Dilutive securities, effect on basic earnings per share 1918  
Net income available to common stockholders, diluted: 1,8632,0491,9542,155

Comprehensive Income ($ in millions)
Annual | Quarterly

3/31/2016
TTM
12/31/2015
12/31/2014
12/31/2013
12/31/2012
Net income: 1,8442,0311,9542,159
Other comprehensive income (loss) (90)(368)707(104)
Comprehensive income: 1,7541,6632,6612,055
Comprehensive income, net of tax, attributable to noncontrolling interest    4
Other undisclosed comprehensive loss, net of tax, attributable to parent    (8)
Comprehensive income, net of tax, attributable to parent: 1,7541,6632,6612,051

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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