CABLEVISION SYSTEMS CORP /NY (CVC) financial statements (2020 and earlier)

Company profile

Business Address 1111 STEWART AVENUE
BETHPAGE, NY 11714
State of Incorp. DE
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)

12/31/2015
12/31/2014
12/31/2013
12/31/2012
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1,003850702365
Cash and cash equivalents1,003850702365
Restricted cash and investments455623 401
Receivables267279285328
Derivative instruments and hedges, assets10   
Prepaid expense and other current assets138
Deferred tax assets1538160141
Other undisclosed current assets125140578 
Total current assets:1,8761,9311,7241,373
Noncurrent Assets
Property, plant and equipment3,0173,0262,9783,379
Long-term investments and receivables 124
Accounts and financing receivable, after allowance for credit loss 124
Intangible assets, net (including goodwill), including:1,0381,0411,0541,922
Goodwill262265265443
Intangible assets, net (excluding goodwill)77677650203
Other undisclosed intangible assets, net (including goodwill)  7391,277
Derivative instruments and hedges72733
Restricted cash and investments757623697401
Deferred costs7593103122
Other noncurrent assets334429
Prepaid expense and other noncurrent assets41
Deferred tax assets, net   (276)
Other undisclosed noncurrent assets   276
Total noncurrent assets:4,9924,8354,8675,873
TOTAL ASSETS:6,8676,7656,5917,246
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities1,0871,016635685
Accounts payable454432423490
Accrued liabilities170161  
Employee-related liabilities344306212195
Interest and dividends payable119117  
Debt1,014558339443
Derivative instruments and hedges, liabilities393100135
Liability for uncertainty in income taxes 000
Due to related parties3030  
Deferred revenue and credits56534764
Deferred tax liabilities   64
Other undisclosed current liabilities (0)320302
Total current liabilities:2,1891,7501,4411,693
Noncurrent Liabilities
Long-term debt and lease obligation2,7603,2794,3094,840
Long-term debt, excluding current maturities2,7343,2504,2904,794
Capital lease obligations26291946
Liabilities, other than long-term debt9739151,0071,219
Deferred revenue and credits45510
Pension and other postretirement defined benefit plans, liabilities16399
Deferred tax liabilities, net705611570891
Liability for uncertainty in income taxes3332
Liability, pension and other postretirement and postemployment benefits99121
Other liabilities162167219202
Derivative instruments and hedges, liabilities 94714
Other undisclosed noncurrent liabilities5,8575,8535,1085,121
Total noncurrent liabilities:9,59010,04710,42411,179
Total liabilities:11,77911,79711,86512,872
Temporary equity, carrying amount 9912
Stockholders' equity
Stockholders' equity attributable to parent, including:(4,911)(5,041)(5,284)(5,639)
Treasury stock, value(1,610)(1,591)(1,584)(1,572)
Additional paid in capital792823886972
Accumulated other comprehensive loss(38)(42)(43)(31)
Accumulated deficit(4,059)(4,235)(4,546)(5,012)
Other undisclosed stockholders' equity attributable to parent4433
Stockholders' equity attributable to noncontrolling interest(0)111
Total stockholders' equity:(4,912)(5,041)(5,284)(5,638)
TOTAL LIABILITIES AND EQUITY:6,8676,7656,5917,246

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

12/31/2015
12/31/2014
12/31/2013
12/31/2012
Revenues
(Revenue, Net)
6,5106,4666,2386,711
Cost of revenue(4,063)(3,941)(3,872)(4,282)
Cost of goods and services sold(3,198)(3,137)(3,079)(3,324)
Gross profit:2,4462,5252,3662,429
Operating expenses(1,598)(1,598)(1,661)(1,664)
Other undisclosed operating loss (5)(6)(6)
Operating income:848921699760
Nonoperating expense(506)(496)(506)(702)
Investment income, nonoperating7685(198)(210)
Interest and debt expense(2)(586)(624)(787)
Income (loss) from continuing operations before equity method investments, income taxes:341(161)(431)(730)
Other undisclosed income from continuing operations before income taxes2586624787
Income from continuing operations before income taxes:34342519357
Income tax expense(155)(116)(66)(24)
Income from continuing operations:18830912733
Income (loss) from discontinued operations(13)3338200
Net income:175312466234
Net income (loss) attributable to noncontrolling interest0(1)0(0)
Net income available to common stockholders, diluted:175311466234

Comprehensive Income ($ in millions)

12/31/2015
12/31/2014
12/31/2013
12/31/2012
Net income:175312466234
Other comprehensive income (loss)50(12)(9)
Comprehensive income:180313454224
Comprehensive income (loss), net of tax, attributable to noncontrolling interest0(1)(0)0
Other undisclosed comprehensive income (loss), net of tax, attributable to parent  0(0)
Comprehensive income, net of tax, attributable to parent:180312454224

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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