Comcast Corporation (CCZ) financial statements (2022 and earlier)

Company profile

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

Balance sheet (Statement of financial position) ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments8,71111,7407,2093,9083,4473,3982,401
Cash and cash equivalents8,71111,7405,5003,8143,4283,3012,295
Short-term investments  1,709941997106
Restricted cash and investments  4246   
Receivables12,00811,46611,29211,1048,5467,9556,896
Deposits current assets    91,772 
Other current assets4,0883,5354,7233,1842,4642,0831,793
Other undisclosed current assets  2,1263,6061,5941,1531,213
Total current assets:24,80726,74125,39221,84816,06016,36112,303
Noncurrent Assets
Operating lease, right-of-use asset6,4673,784 
Property, plant and equipment54,04751,99548,32244,43738,47036,25333,665
Long-term investments and receivables9,7148,9118,3267,8838,2316,1863,945
Long-term investments8,0827,8206,9897,8836,9315,2473,224
Accounts and financing receivable, after allowance for credit loss1,6321,0911,337 1,300939721
Intangible assets, net (including goodwill)139,589145,598147,001149,683102,138101,60599,387
Goodwill70,18970,66968,72566,15436,78035,98032,945
Intangible assets, net (excluding goodwill)69,40074,92978,27683,52965,35865,62566,442
Restricted cash and investments12144749   
Other noncurrent assets12,4248,1038,8665,8023,4892,7692,272
Other undisclosed noncurrent assets28,84528,72325,46021,98218,56117,32615,002
Total noncurrent assets:251,098247,128238,022229,836170,889164,139154,271
TOTAL ASSETS:275,905273,869263,414251,684186,949180,500166,574
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities22,35420,98121,34219,21513,19213,19711,677
Accounts payable12,45511,36410,8268,4946,9266,9156,215
Accrued liabilities9,8999,61710,51610,7216,2666,2825,462
Deferred revenue3,0402,9632,768
Debt2,1323,1464,4524,3985,1345,4803,627
Deferred revenue and credits1,5521,1321,302
Other undisclosed current liabilities1,8221,7061,7303,9901,6831,7261,572
Total current liabilities:29,34828,79630,29227,60321,56121,53518,178
Noncurrent Liabilities
Long-term debt and lease obligation, including:92,718100,61497,765107,34559,42255,56648,994
Operating lease, liability6,4733,740 
Other undisclosed long-term debt and lease obligation86,24596,87497,765107,34559,42255,56648,994
Liabilities, other than long-term debt51,35647,02346,57616,34111,71345,77945,303
Deferred revenue695750618
Deferred tax liabilities, net  34,85433,566
Deferred income tax liabilities30,04128,05128,180
Liability for uncertainty in income taxes  1,0131,012809 1,100
Other liabilities20,62018,22216,76515,32910,90410,92510,637
Other undisclosed noncurrent liabilities4,4744,4183,53526,57723,447 121
Total noncurrent liabilities:148,548152,055147,876150,26394,582101,34594,418
Total liabilities:177,896180,851178,168177,866116,143122,880112,596
Temporary equity, carrying amount5191,2801,3721,3161,3571,446 
Stockholders' equity
Stockholders' equity attributable to parent, including:96,09290,32382,72671,61368,60653,94352,269
Common stock  5454552829
Treasury stock, value(7,517)(7,517)(7,517)(7,517)(7,517)(7,517)(7,517)
Additional paid in capital40,17339,46438,44737,46137,49738,25838,518
Accumulated other comprehensive income (loss)1,4801,8841,047(368)37998(174)
Retained earnings61,90256,43850,69541,98338,19223,07621,413
Other undisclosed stockholders' equity attributable to parent5454     
Stockholders' equity attributable to noncontrolling interest1,3981,4151,1488898432,2311,709
Total stockholders' equity:97,49091,73883,87472,50269,44956,17453,978
TOTAL LIABILITIES AND EQUITY:275,905273,869263,414251,684186,949180,500166,574

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

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues116,385103,564108,94294,50784,52680,40374,510
Revenue, net84,52680,40374,510
Cost of revenue(72,988)(65,093)(66,063)(56,000)(48,519)(46,306)(42,603)
Gross profit:43,39738,47142,87938,50736,00734,09731,907
Operating expenses(22,580)(20,978)(21,754)(19,498)(18,020)(17,238)(15,909)
Operating income:20,81717,49321,12519,00917,98716,85915,998
Nonoperating income (expense)2,5571,160438(225)(2,665)(2,506)(2,626)
Interest and debt expense(4,281)(4,588)(4,567)(3,542)(3,086)(2,942)(2,702)
Income from continuing operations before equity method investments, income taxes:19,09314,06516,99615,24212,23611,41110,670
Other undisclosed income from continuing operations before income taxes    3,0862,9422,702
Income from continuing operations before income taxes:19,09314,06516,99615,24215,32214,35313,372
Income tax expense (benefit)(5,259)(3,364)(3,673)(3,380)7,578(5,308)(4,959)
Income before gain (loss) on sale of properties:13,83410,70113,32311,86222,9009,0458,413
Other undisclosed net loss(1)      
Net income:13,83310,70113,32311,86222,9009,0458,413
Other undisclosed net income (loss) attributable to parent326(167)(266)(131)(186)(350)(250)
Net income available to common stockholders, diluted:14,15910,53413,05711,73122,7148,6958,163

Comprehensive Income ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income:13,83310,70113,32311,86222,9009,0458,413
Other comprehensive income (loss)76(331)(50)(864)168346(57)
Other undisclosed comprehensive income (loss)(473)1,2281,452    
Comprehensive income:13,43611,59814,72510,99823,0689,3918,356
Comprehensive income (loss), net of tax, attributable to noncontrolling interest(7)(60)1341(81)(74)29
Other undisclosed comprehensive income (loss), net of tax, attributable to parent326(167)(266)(131)(186)(350)(250)
Comprehensive income, net of tax, attributable to parent:13,75511,37114,47210,90822,8018,9678,135

Statements sources

The financial statements are based on the company's filings with the 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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