View Filing Data

Accounts receivable, less allowance for doubtful accounts of $185 and $175

1,845

1,711

665

791

6,591

3,223

Property and equipment, net of accumulated depreciation of $30,188 and $27,810

6,098

5,947

23,217

23,855

Franchise rights

59,452

Other intangible assets, net of accumulated amortization of $9,222 and $8,711

15,028

14,933

^[1]

3,873

4,105

1,368

1,218

Accounts payable and accrued expenses related to trade creditors

115,627

112,733

Liabilities and Equity

3,126

3,094

3,256

2,999

2,308

1,156

8,690

7,249

28,684

27,940

27,575

27,800

Commitments and contingencies (Note 12)

$ 7,009

$ 6,767

Redeemable noncontrolling interests

$ 145

$ 166

Equity:

Preferred stock - authorized, 20,000,000 shares; issued, zero

Additional paid-in capital

39,982

40,247

Retained earnings

11,026

10,005

Treasury stock, 365,460,750 Class A common shares and 70,934,764 Class A Special common shares

(7,517)

Accumulated other comprehensive income (loss)

(86)

(46)

43,437

42,721

Noncontrolling interests

43,524

42,811

Class A common stock [Member]

115,627

112,733

Equity:

Class A Special Common Stock [Member]

Equity:

Class B common stock [Member]

Equity:

[1]	The December 31, 2009 Cable segment and Corporate and Other amounts have been adjusted for segment reclassifications to be consistent with our 2010 management reporting presentation.

Condensed Consolidated Balance Sheet (Parenthetical) - USD ($) $ in Millions	Jun. 30, 2010	Dec. 31, 2009
Statement [Line Items]
Accounts receivable, allowance for doubtful accounts	$ 185	$ 175
Property and equipment, accumulated depreciation	30,188	27,810
Other intangible assets, accumulated amortization	$ 9,222	$ 8,711
Preferred stock, authorized	20,000,000	20,000,000
Preferred stock, issued	0	0
Class A common stock [Member]
Statement [Line Items]
Common stock, par value	$ 0.01	$ 0.01
Common stock, authorized	7,500,000,000	7,500,000,000
Common stock, issued	2,433,969,740	2,428,533,911
Common stock, outstanding	2,068,508,990	2,063,073,161
Treasury stock common shares	365,460,750	365,460,750
Class A Special Common Stock [Member]
Statement [Line Items]
Common stock, par value	$ 0.01	$ 0.01
Common stock, authorized	7,500,000,000	7,500,000,000
Common stock, issued	799,553,750	835,991,034
Common stock, outstanding	728,618,986	765,056,270
Treasury stock common shares	70,934,764	70,934,764
Class B common stock [Member]
Statement [Line Items]
Common stock, par value	$ 0.01	$ 0.01
Common stock, authorized	75,000,000	75,000,000
Common stock, issued	9,444,375	9,444,375
Common stock, outstanding	9,444,375	9,444,375

Condensed Consolidated Statement of Operations - USD ($)
$ in Millions

3 Months Ended

6 Months Ended

Jun. 30, 2010

Jun. 30, 2009

Jun. 30, 2010

Jun. 30, 2009

Operating (excluding depreciation and amortization)

^[1]

$ 9,525

$ 8,978

^[2]

$ 18,727

$ 17,844

^[2]

Costs and Expenses:

3,827

3,581

7,559

7,173

1,961

1,862

3,866

3,692

1,411

1,406

2,790

2,786

Amortization

248

254

499

507

7,447

7,103

14,714

14,158

Operating income

2,078

1,875

4,013

3,686

Other Income (Expense):

(543)

(551)

(1,067)

(1,121)

101

(26)

(13)

(58)

(27)

Nonoperating income (expense), total

(35)

(45)

(604)

(495)

(1,069)

(1,067)

Income before income taxes

1,474

1,380

2,944

2,619

Net income from consolidated operations

(588)

(424)

(1,179)

(885)

886

956

1,765

1,734

Net (income) loss attributable to noncontrolling interests

(2)

(15)

Net income attributable to Comcast Corporation

$ 884

$ 967

$ 1,750

$ 1,739

Basic earnings per common share attributable to Comcast Corporation shareholders

$ 0.31

$ 0.33

$ 0.62

$ 0.6

Diluted earnings per common share attributable to Comcast Corporation shareholders

0.31

0.33

0.62

0.6

Dividends declared per common share attributable to Comcast Corporation shareholders

$ 0.0945

$ 0.0675

$ 0.189

$ 0.135

[1]	Non-U.S. revenue was not significant in any period. No single customer accounted for a significant amount of our revenue in any period.
[2]	Reclassifications have been made to prior year amounts between revenue and operating expenses to conform to classifications used in 2010.

Condensed Consolidated Statement of Cash Flows - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2010	Jun. 30, 2009	Jun. 30, 2010	Jun. 30, 2009
Statement [Line Items]
Net cash provided by operating activities			$ 5,332	$ 5,113
Investing Activities
Capital expenditures	$ (1,138)	$ (1,121)	(2,063)	(2,281)
Cash paid for intangible assets			(237)	(241)
Acquisitions, net of cash acquired			(183)	(27)
Proceeds from sales of investments			15	16
Purchases of investments			(32)	(67)
Other			(55)	30
Net cash provided by (used in) investing activities			(2,555)	(2,570)
Financing Activities
Proceeds from borrowings			2,421	2,522
Repurchases and repayments of debt			(638)	(1,767)
Repurchases of common stock			(600)	(108)
Dividends paid			(535)	(375)
Other			(68)	(21)
Net cash provided by (used in) financing activities			580	251
Increase (decrease) in cash and cash equivalents			3,357	2,794
Cash and cash equivalents, beginning of period			671	1,195
Cash and cash equivalents, end of period	$ 4,028	$ 3,989	$ 4,028	$ 3,989

Condensed Consolidated Statement of Changes in Equity - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2010	Jun. 30, 2009
Statement [Line Items]
Balance	$ 42,811	$ 40,576
Stock compensation plans	96	52
Repurchase and retirement of common stock	(600)	(215)
Employee stock purchase plan	31	33
Dividends declared	(532)	(389)
Other comprehensive income (loss)	(40)	33
Sale (purchase) of subsidiary shares to (from) noncontrolling interests, net	11	(5)
Contributions from (distributions to) noncontrolling interests	(19)	(12)
Net income (loss)	1,766	1,741
Balance	43,524	41,814
Redeemable Non-controlling Interests [Member]
Statement [Line Items]
Balance	166	171
Sale (purchase) of subsidiary shares to (from) noncontrolling interests, net	(20)
Contributions from (distributions to) noncontrolling interests		3
Net income (loss)	(1)	(7)
Balance	145	167
Class A common stock [Member]
Statement [Line Items]
Balance	24	24
Balance	24	24
Class A Special Common Stock [Member]
Statement [Line Items]
Balance	8	9
Balance	8	9
Class B common stock [Member]
Statement [Line Items]
Balance
Stock compensation plans
Repurchase and retirement of common stock
Employee stock purchase plan
Dividends declared
Other comprehensive income (loss)
Sale (purchase) of subsidiary shares to (from) noncontrolling interests, net
Contributions from (distributions to) noncontrolling interests
Net income (loss)
Balance
Additional Paid-In Capital [Member]
Statement [Line Items]
Balance	40,247	40,620
Stock compensation plans	100	51
Repurchase and retirement of common stock	(407)	(173)
Employee stock purchase plan	31	33
Sale (purchase) of subsidiary shares to (from) noncontrolling interests, net	11	30
Balance	39,982	40,561
Retained Earnings [Member]
Statement [Line Items]
Balance	10,005	7,427
Stock compensation plans	(4)	1
Repurchase and retirement of common stock	(193)	(42)
Dividends declared	(532)	(389)
Net income (loss)	1,750	1,739
Balance	11,026	8,736
Treasury Stock at Cost [Member]
Statement [Line Items]
Balance	(7,517)	(7,517)
Balance	(7,517)	(7,517)
Accumulated Other Comprehensive Income (Loss) [Member]
Statement [Line Items]
Balance	(46)	(113)
Other comprehensive income (loss)	(40)	33
Balance	(86)	(80)
Noncontrolling Interests [Member]
Statement [Line Items]
Balance	90	126
Sale (purchase) of subsidiary shares to (from) noncontrolling interests, net		(35)
Contributions from (distributions to) noncontrolling interests	(19)	(12)
Net income (loss)	16	2
Balance	$ 87	$ 81

Condensed Consolidated Statement of Comprehensive Income - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2010	Jun. 30, 2009	Jun. 30, 2010	Jun. 30, 2009
Statement [Line Items]
Net income from consolidated operations	$ 886	$ 956	$ 1,765	$ 1,734
Holding gains (losses) during the period, net of deferred taxes of $24, $(2), $24 and $(1)	(42)	5	(41)	4
Reclassification adjustments for losses (gains) included in net income attributable to Comcast Corporation, net of deferred taxes of $(2), $(2), $(3) and $(14)	3	3	5	25
Cumulative translation adjustments		5	(4)	4
Comprehensive income	847	969	1,725	1,767
Net (income) loss attributable to noncontrolling interests	(2)	11	(15)	5
Comprehensive income attributable to Comcast Corporation	$ 845	$ 980	$ 1,710	$ 1,772

Condensed Consolidated Statement of Comprehensive Income (Parenthetical) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2010	Jun. 30, 2009	Jun. 30, 2010	Jun. 30, 2009
Statement [Line Items]
Holding gains (losses) during the period, deferred taxes	$ 24	$ (2)	$ 24	$ (1)
Reclassification adjustments for losses (gains) included in net income attributable to Comcast Corporation, deferred taxes	$ (2)	$ (2)	$ (3)	$ (14)

Condensed Consolidated Financial Statements	6 Months Ended
Condensed Consolidated Financial Statements	Jun. 30, 2010
Statement [Line Items]
Condensed Consolidated Financial Statements	Note 1: Condensed Consolidated Financial Statements Basis of Presentation We have prepared these unaudited condensed consolidated financial statements based on Securities and Exchange Commission ("SEC") rules that permit reduced disclosure for interim periods. These financial statements include all adjustments that are necessary for a fair presentation of our results of operations and financial condition for the periods shown, including normal, recurring accruals and other items. We also evaluated events or transactions that occurred after the balance sheet date through the issuance date of these financial statements to determine if financial statement recognition or additional disclosure is required. The results of operations for the interim periods presented are not necessarily indicative of results for the full year. The year-end condensed consolidated balance sheet was derived from audited financial statements but does not include all disclosures required by generally accepted accounting principles in the United States ("GAAP"). For a more complete discussion of our accounting policies and certain other information, refer to our annual financial statements for the preceding fiscal year as filed with the SEC. Reclassifications have been made to the prior year's condensed consolidated financial statements between revenue and operating expenses to conform to classifications used in 2010.

Recent Accounting Guidance	6 Months Ended
Recent Accounting Guidance	Jun. 30, 2010
Statement [Line Items]
Recent Accounting Guidance	Note 2: Recent Accounting Guidance Consolidation of Variable Interest Entities In June 2009, the Financial Accounting Standards Board ("FASB") updated the accounting guidance related to the consolidation of variable interest entities ("VIEs"). The updated guidance (i) requires ongoing reassessments of whether an enterprise is the primary beneficiary of a VIE, (ii) changes the quantitative approach previously required for determining the primary beneficiary of a VIE and replaces it with a qualitative approach, and (iii) requires additional disclosure about an enterprise's involvement in VIEs. We adopted the updated guidance on January 1, 2010 and it did not impact our consolidated financial statements.

Earnings Per Share

6 Months Ended

Jun. 30, 2010

Earnings Per Share

Note 3: Earnings Per Share

Basic earnings per common share attributable to Comcast Corporation shareholders ("basic EPS") is computed by dividing net income attributable to Comcast Corporation by the weighted-average number of common shares outstanding during the period.

Our potentially dilutive securities include potential common shares related to our stock options and our restricted share units ("RSUs"). Diluted earnings per common share attributable to Comcast Corporation shareholders ("diluted EPS") considers the impact of potentially dilutive securities using the treasury stock method, except in periods in which there is a loss, because the inclusion of the potential common shares would have an antidilutive effect. Diluted EPS excludes the impact of potential common shares related to our stock options in periods in which the option exercise price is greater than the average market price of our Class A common stock or our Class A Special common stock, as applicable.

Diluted EPS for the three and six months ended June 30, 2010 excludes approximately 195 million and 194 million, respectively, of potential common shares related to our share-based compensation plans, because the inclusion of the potential common shares would have had an antidilutive effect. For the three and six months ended June 30, 2009, diluted EPS excludes approximately 204 million and 196 million, respectively, of potential common shares.

Computation of Diluted EPS


	Three Months Ended June 30
	2010					2009
(in millions, except per share data)	Net Income Attributable to Comcast Corporation		Shares	Per Share Amount		Net Income Attributable to Comcast Corporation		Shares	Per Share Amount
Basic EPS attributable to Comcast Corporation shareholders	$	884	2,816	$	0.31	$	967	2,887	$	0.33
Effect of dilutive securities:
Assumed exercise or issuance of shares relating to stock plans			6					4
Diluted EPS attributable to Comcast Corporation shareholders	$	884	2,822	$	0.31	$	967	2,891	$	0.33

	Six Months Ended June 30
	2010					2009
(in millions, except per share data)	Net Income Attributable to Comcast Corporation		Shares	Per Share Amount		Net Income Attributable to Comcast Corporation		Shares	Per Share Amount
Basic EPS attributable to Comcast Corporation shareholders	$	1,750	2,823	$	0.62	$	1,739	2,886	$	0.60
Effect of dilutive securities:
Assumed exercise or issuance of shares relating to stock plans			7					7
Diluted EPS attributable to Comcast Corporation shareholders	$	1,750	2,830	$	0.62	$	1,739	2,893	$	0.60

Acquisitions and Other Significant Events	6 Months Ended
Acquisitions and Other Significant Events	Jun. 30, 2010
Statement [Line Items]
Acquisitions and Other Significant Events	Note 4: Acquisitions and Other Significant Events *NBC Universal Transaction* We entered into agreements with General Electric Company ("GE") in December 2009 to form a new company of which we will own 51% and control, with the remaining 49% to be owned by GE. Under the terms of the transaction, GE will contribute NBC Universal's businesses, including its cable and broadcast networks, filmed entertainment, televised entertainment, theme parks and unconsolidated investments, as well as other GE assets used primarily in NBC Universal's business. NBC Universal borrowed $4 billion in April 2010 from third party lenders and plans to borrow an additional $5.1 billion from third party lenders prior to closing. We will contribute our national programming networks, our regi onal sports networks and certain of our Internet businesses, as well as other assets used primarily in those businesses, collectively valued at approximately $7.25 billion. We will also make a cash payment to GE of $7.1 billion less certain adjustments primarily based on the free cash flow generated by NBC Universal between December 4, 2009 and the closing. The transaction is subject to various regulatory approvals and is expected to close by the end of 2010. GE will be entitled to cause the new company to redeem half of GE's interest 3.5 years after the closing and its remaining interest 7 years after the closing. If GE exercises its first redemption right, we have the right to purchase the remainder of GE's interest. If GE does not exercise its first redemption right, we have the right to purchase half of GE's interest 5 years after the closing. We also will have the right to purchase GE's remaining interest, if any, 8 years after the closing. The redemption and purchase price will equal the ownership percentage being acquired multiplied by 120% of the fully distributed public market trading value of the new company, less half of the excess of 120% of that value over $28.15 billion. Subject to various limitations, we are committed to fund up to $2.875 billion in cash or common stock for each of the two redemptions (for an aggregate of up to $5.75 billion), with amounts not used in the first redemption to be available for the second redemption. The results of operations for the new company will be consolidated with our results of operations, as we will control the new company. When the transaction is completed, the NBC Universal businesses will be recorded at their fair value and the businesses we contribute will be recorded at their historical or carry-over basis. GE's interest will be recorded as a redeemable noncontrolling interest in our consolidated financial statements. *Other* During the six months ended June 30, 2010, we acquired CIMCO Communications, Inc. ("CIMCO"), a phone and high-speed Internet service provider for businesses, Paciolan, Inc. ("Paciolan"), a developer of automated ticketing software, New Global Telecom, Inc. ("NGT"), a phone service provider for small to medium-sized businesses, and made other smaller acquisitions. The aggregate purchase price of all of these acquisitions was approximately $195 million. The results of operations for CIMCO and NGT are reported in our Cable segment. The results of operations for Paciolan are reported in Corporate and Other. The results of operations for these acquisitions have been included in our consolidated results of operations since their respective acquisition dates and were not material to our consolidated financial sta tements.

Investments

6 Months Ended

Jun. 30, 2010

Note 5: Investments


(in millions)	June 30, 2010		December 31, 2009
Fair value method	$	2,168	$	1,933
Equity method, primarily SpectrumCo and Clearwire		2,265		2,341
Cost method, primarily AirTouch redeemable preferred shares		1,718		1,723
Total investments		6,151		5,997
Less: Current investments		53		50
Noncurrent investments	$	6,098	$	5,947

As of June 30, 2010 and December 31, 2009, the estimated fair value of the AirTouch redeemable preferred stock was $1.590 billion and $1.524 billion, respectively, which exceeded our carrying basis as of each date.

Components of Investment Income (Loss), Net


	Three Months Ended June 30						Six Months Ended June 30
(in millions)	2010			2009			2010			2009
Gains on sales and exchanges of investments, net	$	9		$	1		$	11		$	4
Investment impairment losses		(6	)		(3	)		(14	)		(19	)
Unrealized gains (losses) on securities underlying prepaid forward sale agreements		(129	)		342			231			380
Mark to market adjustments on derivative component of prepaid forward sale agreements		131			(311	)		(146	)		(340	)
Mark to market adjustments on derivative component of ZONES		1			(5	)		2			4
Interest and dividend income		23			27			45			54
Other, net		(29	)		6			(28	)		(13	)
Investment income (loss), net	$	—		$	57		$	101		$	70

Goodwill

6 Months Ended

Jun. 30, 2010

Note 6: Goodwill


(in millions)	Cable			Programming		Corporate and Other		Total
Balance, December 31, 2009(a)	$	12,828		$	1,630	$	475	$	14,933
Acquisitions		74			12		10		96
Settlements and adjustments		(1	)		—		—		(1	)
Balance, June 30, 2010	$	12,901		$	1,642	$	485	$	15,028

(a)	The December 31, 2009 Cable segment and Corporate and Other amounts have been adjusted for segment reclassifications to be consistent with our 2010 management reporting presentation.

Long-Term Debt	6 Months Ended
Long-Term Debt	Jun. 30, 2010
Statement [Line Items]
Long-Term Debt	Note 7: Long-Term Debt In March 2010, we issued $1.4 billion principal amount of 5.15% notes due 2020 and $1.0 billion principal amount of 6.4% notes due 2040. The net proceeds of these issuances will be used for working capital and general corporate purposes, which may include the repayment of debt at its maturity and funding a portion of our payment to GE due upon closing of the NBC Universal transaction.

Fair Value Measurements and Derivative Financial Instruments

6 Months Ended

Jun. 30, 2010

Fair Value Measurements and Derivative Financial Instruments

Note 8: Fair Value Measurements and Derivative Financial Instruments

We use derivative financial instruments to manage our exposure to the risks associated with fluctuations in interest rates and equity prices. Our objective is to manage the financial and operational exposure arising from these risks by offsetting gains and losses on the underlying exposures with gains and losses on the derivatives used to economically hedge them. Derivative financial instruments that receive designated hedge accounting treatment are evaluated for effectiveness at the time they are designated, as well as throughout the hedging period. We do not engage in any speculative or leveraged derivative transactions. All derivative transactions must comply with a derivatives policy authorized by our Board of Directors.

We manage the credit risks associated with our derivative financial instruments through the evaluation and monitoring of the creditworthiness of the counterparties. Although we may be exposed to losses in the event of nonperformance by the counterparties, we do not expect such losses, if any, to be significant.

We manage our exposure to and benefits from price fluctuations in the common stock of some of our investments by using equity derivative financial instruments embedded in other contracts, such as prepaid forward sale agreements, whose values, in part, are derived from the market value of certain publicly traded common stock.

We periodically examine the instruments we use to hedge exposure to interest rate and equity price risks to ensure that the instruments are matched with underlying assets or liabilities, to reduce our risks relating to changes in interest rates or equity prices and, through market value and sensitivity analysis, to maintain a high correlation to the risk inherent in the hedged item. For those instruments that do not meet the above conditions, and for those derivative financial instruments that are not designated as a hedge, changes in fair value are recognized on a current basis in earnings.

As of June 30, 2010, our derivative financial instruments designated as hedges included (i) the derivative component of one of our prepaid forward sale agreements, which is recorded to other noncurrent liabilities, (ii) our interest rate swap agreements, which are recorded to other current or noncurrent assets or liabilities, and (iii) our interest rate collars, which are recorded to other current liabilities. Changes in the fair value of the derivative component of our prepaid forward sale agreements are recorded to investment income (loss), net. Changes in the fair value of our interest rate swap agreements are recorded to interest expense. These amounts are completely offset by changes in the fair value of the related debt because the swaps are deemed to be 100% effective. The difference between variable and fixed rates to be paid or received under the terms of the interest rate swap agreements is accrued as interest rates change and recognized as an adjustment to interest expense for the related debt. The effective portion of changes in the fair value of our interest rate collars is recorded to accumulated other comprehensive income (loss). The ineffective portion, if any, of changes in the fair value of our interest rate collars is recorded to investment income (loss), net.

As of June 30, 2010, our derivative financial instruments not designated as hedges included (i) the derivative component of our indexed debt instruments (our ZONES debt), which is recorded to long-term debt, and (ii) the derivative component of certain of our prepaid forward sale agreements, which is recorded to other noncurrent liabilities.

As of June 30, 2010, our debt had an estimated fair value of $34.029 billion. The estimated fair value of our publicly traded debt is based on quoted market values for the debt. To estimate the fair value of debt for which there are no quoted market prices, we use interest rates available to us for debt with similar terms and remaining maturities.

Recurring Fair Value Measures


	Fair value as of June 30, 2010								December 31, 2009
(in millions)	Level 1		Level 2		Level 3		Total		Total
Assets
Trading securities	$	2,078	$	—	$	—	$	2,078	$	1,855
Available-for-sale securities		90		—		—		90		76
Equity warrants		—		—		2		2		2
Interest rate swap agreements		—		261		—		261		143
	$	2,168	$	261	$	2	$	2,431	$	2,076

Liabilities
Derivative component of ZONES	$	—	$	13	$	—	$	13	$	15
Derivative component of prepaid forward sale agreements		—		495		—		495		349
Interest rate swap agreements		—		1		—		1		1
Interest rate collars		—		67		—		67		—
	$	—	$	576	$	—	$	576	$	365

Amount of Gain (Loss) Recognized in Income on Derivative Financial Instruments


	Three Months Ended June 30						Six Months Ended June 30
(in millions)	2010			2009			2010			2009
Designated Fair Value Hedging Relationships
Interest Income (Expense):
Interest rate swap agreements (fixed to variable)	$	90		$	(113	)	$	118		$	(151	)
Long-term debt — interest rate swap agreements (fixed to variable)		(90	)		113			(118	)		151
Investment Income (Expense):
Unrealized gains (losses) on securities underlying prepaid forward sale agreement		(3	)		33			16			13
Mark to market adjustments on derivative component of prepaid forward sale agreement		4			(30	)		(7	)		(13	)
Gain (loss) on fair value hedging relationships		1			3			9			—

Nondesignated
Investment Income (Expense):
Unrealized gains (losses) on securities underlying prepaid forward sale agreements		(126	)		309			215			367
Mark to market adjustments on derivative component of prepaid forward sale agreements		127			(281	)		(139	)		(327	)
Mark to market adjustments on derivative component of ZONES		1			(5	)		2			4
Total gain (loss)	$	3		$	26		$	87		$	44

The difference between variable and fixed rates received under the terms of our interest rate swap agreements reduced interest expense by approximately $33 million and $65 million during the three and six months ended June 30, 2010, respectively. These amounts during the three and six months ended June 30, 2009 were approximately $25 million and $48 million, respectively.

Noncontrolling Interests

6 Months Ended

Jun. 30, 2010

Noncontrolling Interests

Note 9: Noncontrolling Interests

Certain of our subsidiaries that we consolidate are not wholly owned. Some of the agreements with the minority partners of these subsidiaries contain redemption features whereby interests held by the minority partners are redeemable either (i) at the option of the holder or (ii) upon the occurrence of an event that is not solely within our control. If interests were to be redeemed under these agreements, we would generally be required to purchase the interest at fair value on the date of redemption. These interests are presented on the balance sheet outside of equity under the caption "Redeemable noncontrolling interests." Noncontrolling interests that do not contain such redemption features are presented in equity.

During the six months ended June 30, 2010, we acquired all of the noncontrolling interest of one of our technology ventures, which had a carrying value of approximately $20 million, for approximately $9 million. The difference between the amount paid and the carrying value of the noncontrolling interest resulted in an increase of approximately $11 million to additional paid-in capital of Comcast Corporation.

The table below presents the changes in equity resulting from net income attributable to Comcast Corporation and transfers to or from noncontrolling interests.


(in millions)	Six Months Ended June 30, 2010		Six Months Ended June 30, 2009
Net income attributable to Comcast Corporation	$	1,750	$	1,739
Transfers from (to) noncontrolling interests:
Increase in Comcast Corporation additional paid-in capital resulting from the purchase of noncontrolling interest		11		30
Changes from net income attributable to Comcast Corporation and transfers from (to) noncontrolling interests	$	1,761	$	1,769

Equity

6 Months Ended

Jun. 30, 2010

Equity

Note 10: Equity

Share-Based Compensation

Our Board of Directors may grant share-based awards, in the form of stock options and RSUs, to certain employees and directors. Additionally, through our employee stock purchase plan, employees are able to purchase shares of Comcast Class A common stock at a discount through payroll deductions.

In March 2010, we granted 30.9 million stock options and 8.4 million RSUs related to our annual management grant program. The fair values associated with these grants were $5.11 per stock option and $16.87 per RSU.

Recognized Share-Based Compensation Expense


	Three Months Ended June 30				Six Months Ended June 30
(in millions)	2010		2009		2010		2009
Stock options	$	25	$	28	$	53	$	47
Restricted share units		33		27		68		40
Employee stock purchase plan		2		2		6		7
Total	$	60	$	57	$	127	$	94

As of June 30, 2010, there was $396 million and $387 million of unrecognized pretax compensation cost related to nonvested stock options and nonvested RSUs, respectively.

The employee cost associated with participation in the employee stock purchase plan was satisfied with payroll deductions of approximately $11 million and $26 million for the three and six months ended June 30, 2010, respectively. For the three and six months ended June 30, 2009, the employee cost was $10 million and $27 million, respectively.

Accumulated Other Comprehensive Income (Loss)


	June 30,
(in millions)	2010			2009
Unrealized gains (losses) on marketable securities	$	22		$	27
Deferred gains (losses) on cash flow hedges		(99	)		(76	)
Unrealized gains (losses) on employee benefit obligations		(5	)		(31	)
Cumulative translation adjustments		(4	)		—
Accumulated other comprehensive income (loss), net of deferred taxes	$	(86	)	$	(80	)

Deferred losses on cash flow hedges in the table above relate primarily to interest rate lock agreements and interest rate collars. As of June 30, 2010, we expect $16 million of unrealized losses, $10 million net of deferred taxes, to be reclassified as an adjustment to interest expense over the next 12 months.

Statement of Cash Flows - Supplemental Information

6 Months Ended

Jun. 30, 2010

Statement of Cash Flows - Supplemental Information

Note 11: Statement of Cash Flows—Supplemental Information

The table below presents our adjustments to reconcile net income from consolidated operations to net cash provided by operating activities.


	Six Months Ended June 30
(in millions)	2010			2009
Net income from consolidated operations	$	1,765		$	1,734
Adjustments to reconcile net income from consolidated operations to net cash provided by operating activities:
Depreciation		2,790			2,786
Amortization		499			507
Share-based compensation		153			121
Noncash interest expense (income), net		69			81
Equity in net (income) losses of affiliates, net		58			27
(Gains) losses on investments and noncash other (income) expense, net		(11	)		(23	)
Deferred income taxes		(25	)		394
Changes in operating assets and liabilities, net of effects of acquisitions and divestitures:
Change in accounts receivable, net		(121	)		(49	)
Change in accounts payable and accrued expenses related to trade creditors		2			(112	)
Change in other operating assets and liabilities		153			(353	)
Net cash provided by operating activities	$	5,332		$	5,113

Cash Payments for Interest and Income Taxes


	Three Months Ended June 30				Six Months Ended June 30
(in millions)	2010		2009		2010		2009
Interest	$	354	$	399	$	969	$	1,063
Income taxes	$	1,080	$	585	$	1,126	$	746

Noncash Financing and Investing Activities

During the six months ended June 30, 2010, we:

•

recorded a liability of approximately $265 million for a quarterly cash dividend of $0.0945 per common share paid in July 2010, which is a noncash financing activity

•

acquired approximately $421 million of property and equipment and software that was accrued but unpaid, which is a noncash investing activity

Commitments and Contingencies	6 Months Ended
Commitments and Contingencies	Jun. 30, 2010
Statement [Line Items]
Commitments and Contingencies	Note 12: Commitments and Contingencies Commitments One of our subsidiaries supports debt compliance with respect to obligations of a cable system in which we hold an ownership interest, which expires March 2011. Although there can be no assurance, we believe that this cable system will be able to support its debt compliance requirements on its own and that we will not be required to fund our obligation under this commitment. The total notional amount of our commitment was $410 million as of June 30, 2010, at which time there were no quoted market prices for similar agreements. Contingencies *Antitrust Cases* We are defendants in two purported class actions originally filed in December 2003 in the United States District Courts for the District of Massachusetts and the Eastern District of Pennsylvania. The potential class in the Massachusetts case, which has been transferred to the Eastern District of Pennsylvania, is our customer base in the "Boston Cluster" area, and the potential class in the Pennsylvania case is our customer base in the "Philadelphia and Chicago Clusters," as those terms are defined in the complaints. In each case, the plaintiffs allege that certain customer exchange transactions with other cable providers resulted in unlawful horizontal market restraints in those areas and seek damages under antitrust statutes, including treble damages. Classes of Philadelphia Cluster and Chicago Cluster customers were certified in May 2007 and October 2007, respectively. In March 2009, as a result of a Third Circuit Court of Appeals decision clarifying the standards for class certification, the order certifying the Philadelphia Cluster class was vacated without prejudice to the plaintiffs filing a new motion. In January 2010, in its decision on the plaintiffs' new motion, the Eastern District of Pennsylvania certified a class subject to certain limitations. In June 2010, the Third Circuit Court of Appeals granted our petition for an interlocutory appeal from the class certification decision. In March 2010, we moved for summary judgment dismissing all of the plaintiffs' claims in the Philadelphia Cluster; the summary judgment motion is stayed pending the class certification appeal. The plaintiffs' claims concerning the other two clusters are stayed pending determination of the Philadelphia Cluster claims. We also are among the defendants in a purported class action filed in the United States District Court for the Central District of California in September 2007. The potential class is comprised of all persons residing in the United States who have subscribed to an expanded basic level of video service provided by one of the defendants. The plaintiffs allege that the defendants who produce video programming have entered into agreements with the defendants who distribute video programming via cable and satellite (including us), which preclude the distributor defendants from reselling channels to customers on an "unbundled" basis in violation of federal antitrust laws. The plaintiffs seek treble damages and injunctive relief requiring each distributor defendant to resell certain channels to its customers on an "unbundled" basis. In October 2009, the Central District of Cal ifornia issued an order dismissing the plaintiffs' complaint with prejudice. The plaintiffs have appealed that order to the Ninth Circuit Court of Appeals. In addition, we are the defendant in twenty-two purported class actions filed in federal district courts throughout the country. All of these actions have been consolidated by the Judicial Panel on Multidistrict Litigation in the United States District Court for the Eastern District of Pennsylvania for pre-trial proceedings. In a consolidated complaint filed in November 2009 on behalf of all plaintiffs in the multi-district litigation, the plaintiffs allege that we improperly "tie" the rental of set-top boxes to the provision of premium cable services in violation of Section 1 of the Sherman Antitrust Act, various state antitrust laws and unfair/deceptive trade practices acts in California, Illinois and Alabama. The plaintiffs also allege a claim for unjust enrichment and seek relief on behalf of a nationwide class of our premium cable customers and on behalf of subclasses consisting of premium cable customers from California, Alabama, Illinois, Pennsylvania and Washington. In January 2010, we moved to compel arbitration of the plaintiffs' claims for unjust enrichment and violations of the unfair/deceptive trade practices acts of Illinois and Alabama. The West Virginia Attorney General also filed a complaint in West Virginia state court in July 2009 alleging that we improperly "tie" the rental of set-top boxes to the provision of premium cable services in violation of the West Virginia Antitrust Act and the West Virginia Consumer Credit and Protection Act. The Attorney General also alleges a claim for unjust enrichment/restitution. We removed the case to the United States District Court for West Virginia, and it was subsequently transferred to the United States District Court for the Eastern District of Pennsylvania and consolidated with the multi-district litigation described above. In March 2010, the Eastern District of Pennsylvania denied the Attorney General's motion to remand the case back to West Virginia state court. In June 2010, the Attorney General moved to sever and remand the portion of his claims seeking civil penalties and injunctive relief back to West Virginia state court. We filed a brief in opposition to the motion in July 2010. *ERISA Litigation* We and several of our current officers have been named as defendants in a purported class action lawsuit filed in the United States District Court for the Eastern District of Pennsylvania in February 2008. The potential class comprises participants in our retirement investment (401(k)) plan that invested in the plan's company stock account. The plaintiffs assert that the defendants breached their fiduciary duties under the Employee Retirement Income Security Act of 1974 (ERISA) in managing the plan by allowing participants to continue to invest in the company stock account during a time in 2007 when we allegedly knew (but had not disclosed) that we would not meet our forecasted results. In July 2010, the parties agreed to settle this action with a payment by us of $5 million and our agreemen t to take certain action with respect to the administration of the plans. *Other* We are a defendant in several unrelated lawsuits claiming infringement of various patents relating to various aspects of our businesses. In certain of these cases other industry participants are also defendants, and also in certain of these cases we expect that any potential liability would be in part or in whole the responsibility of our equipment and technology vendors under applicable contractual indemnification provisions. We are also subject to other legal proceedings and claims that arise in the ordinary course of our business. While the amount of ultimate liability with respect to such actions is not expected to materially affect our financial position, results of operations or cash flows, any litigation resulting from any such legal proceedings or claims could be time consuming, costly and injure our reputation. * * * We believe the claims in each of the actions described above in this item are without merit and intend to defend the actions vigorously. Although we cannot predict the outcome of any of the actions described above or how the final resolution of any such actions would impact our results of operations or cash flows for any one period or our consolidated financial condition, the final disposition of any of the above actions is not expected to have a material adverse effect on our consolidated financial position, but could possibly be material to our consolidated results of operations or cash flows for any one period. .

Financial Data by Business Segment

6 Months Ended

Jun. 30, 2010

Financial Data by Business Segment

Note 13: Financial Data by Business Segment

Our reportable segments consist of our Cable and Programming businesses. In evaluating the profitability of our segments, the components of net income (loss) below operating income (loss) before depreciation and amortization are not separately evaluated by our management. Assets are not allocated to segments for management reporting, although over 95% of our assets relate to the Cable segment. Our financial data by business segment is presented in the table below.


(in millions)	Cable^(a)(b)		Programming^(c)		Corporate and Other^(d)(e)			Eliminations^(f)			Total
Three months ended June 30, 2010
Revenue^(g)	$	8,949	$	454	$	211		$	(89	)	$	9,525
Operating income (loss) before depreciation and amortization^(h)		3,698		152		(112	)		(1	)		3,737
Depreciation and amortization		1,589		49		28			(7	)		1,659
Operating income (loss)		2,109		103		(140	)		6			2,078
Capital expenditures		1,120		7		11			—			1,138

Three months ended June 30, 2009
Revenue^(g)(i)(j)	$	8,518	$	384	$	150		$	(74	)	$	8,978
Operating income (loss) before depreciation and amortization^(h)(i)		3,499		113		(78	)		1			3,535
Depreciation and amortization⁽ⁱ⁾		1,598		48		23			(9	)		1,660
Operating income (loss)⁽ⁱ⁾		1,901		65		(101	)		10			1,875
Capital expenditures		1,108		6		7			—			1,121

Six months ended June 30, 2010
Revenue^(g)	$	17,626	$	839	$	456		$	(194	)	$	18,727
Operating income (loss) before depreciation and amortization^(h)		7,240		273		(211	)		—			7,302
Depreciation and amortization		3,144		103		55			(13	)		3,289
Operating income (loss)		4,096		170		(266	)		13			4,013
Capital expenditures		2,033		12		18			—			2,063

Six months ended June 30, 2009
Revenue^(g)( ⁱ ^)(j)	$	16,901	$	745	$	356		$	(158	)	$	17,844
Operating income (loss) before depreciation and amortization^(h)(i)		6,903		225		(148	)		(1	)		6,979
Depreciation and amortization⁽ⁱ⁾		3,163		97		50			(17	)		3,293
Operating income (loss)⁽ⁱ⁾		3,740		128		(198	)		16			3,686
Capital expenditures		2,238		14		29			—			2,281

(a)	Cable segment revenue was derived from the following services:


	Three Months Ended June 30				Six Months Ended June 30
	2010		2009		2010		2009
Video^(j)	54.9	%	57.3	%	55.4	%	58.1	%
High-speed Internet	23.8	%	22.7	%	23.8	%	22.7	%
Phone	10.2	%	9.4	%	10.2	%	9.3	%
Advertising^(j)	5.0	%	4.3	%	4.6	%	3.9	%
Franchise fees	2.8	%	2.8	%	2.8	%	2.8	%
Other^(j)	3.3	%	3.5	%	3.2	%	3.2	%
Total	100.0	%	100.0	%	100.0	%	100.0	%

Subscription revenue received from customers who purchase bundled services at a discounted rate is allocated proportionally to each service based on the individual service's price on a stand-alone basis.

(b)	Our Cable segment includes our regional sports networks.

(c)	Our Programming segment consists primarily of our consolidated national programming networks, E!, Golf Channel, VERSUS, G4 and Style.

(d)	Corporate and Other activities include Comcast Interactive Media, Comcast Spectacor, a portion of operating results of our less than wholly owned technology development ventures (see "(e)" below), corporate activities and all other businesses not presented in our Cable or Programming segments.

(e)

We consolidate our less than wholly owned technology development ventures that we control or of which we are considered the primary beneficiary. These ventures are with Motorola. The ventures have been created to share the costs of development of new technologies for set-top boxes and other devices. The results of these entities are included within Corporate and Other except for cost allocations, which are made to the Cable segment based on our percentage ownership in each entity.

(f)

Included in the Eliminations column are transactions that our segments enter into with one another. The most common types of transactions are the following:

•

our Programming segment generates revenue by selling cable network programming to our Cable segment, which represents a substantial majority of the revenue elimination amount

•

our Cable segment receives incentives offered by our Programming segment when negotiating programming contracts that are recorded as a reduction to programming expenses

•

our Cable segment generates revenue by selling advertising and by selling the use of satellite feeds to our Programming segment

•

our Cable segment generates revenue by providing network services to Comcast Interactive Media

(g)	Non-U.S. revenue was not significant in any period. No single customer accounted for a significant amount of our revenue in any period.

(h)

To measure the performance of our operating segments, we use operating income (loss) before depreciation and amortization, excluding impairments related to fixed and intangible assets, and gains or losses from the sale of assets, if any. This measure eliminates the significant level of noncash depreciation and amortization expense that results from the capital-intensive nature of our businesses and from intangible assets recognized in business combinations. It is also unaffected by our capital structure or investment activities. We use this measure to evaluate our consolidated operating performance, the operating performance of our operating segments, and to allocate resources and capital to our operating segments. It is also a significant performance measure in our annual incentive compensation programs. We believe that this measure is useful to investors because it is one of the bases for comparing our operating performance with other companies in our industries, although our measure may not be directly comparable to similar measures used by other companies. This measure should not be considered a substitute for operating income (loss), net income (loss) attributable to Comcast Corporation, net cash provided by operating activities, or other measures of performance or liquidity reported in accordance with GAAP.

(i)

The 2009 Cable segment and Corporate and Other amounts have been adjusted for segment reclassifications to be consistent with our 2010 management reporting presentation. The adjustments resulted in the reclassification of revenue, operating income (loss) before depreciation and amortization, depreciation and amortization, and operating income from Corporate and Other to our Cable segment for the amounts presented below.


(in millions)	Three Months Ended June 30, 2009			Six Months Ended June 30, 2009
Revenue	$	2		$	5
Operating income (loss) before depreciation and amortization	$	(2	)	$	(4	)
Depreciation and amortization	$	3		$	6
Operating income (loss)	$	(5	)	$	(10	)

(j)	Reclassifications have been made to prior year amounts between revenue and operating expenses to conform to classifications used in 2010.

Condensed Consolidating Financial Information

6 Months Ended

Jun. 30, 2010

Condensed Consolidating Financial Information

Note 14: Condensed Consolidating Financial Information

Comcast Corporation and four of our wholly owned cable holding company subsidiaries, Comcast Cable Communications, LLC ("CCCL"), Comcast MO Group, Inc. ("Comcast MO Group"), Comcast Cable Holdings, LLC ("CCH") and Comcast MO of Delaware, LLC ("Comcast MO of Delaware"), have fully and unconditionally guaranteed each other's debt securities. Comcast MO Group, CCH and Comcast MO of Delaware are collectively referred to as the "Combined CCHMO Parents."

Comcast Corporation provides an unconditional subordinated guarantee of the $185 million principal amount currently outstanding of Comcast Holdings' ZONES due October 2029 and the $202 million principal amount currently outstanding of Comcast Holdings' 10⁵/₈% senior subordinated debentures due 2012. Comcast Corporation does not guarantee the $61 million principal amount outstanding of Comcast Holdings' ZONES due November 2029. We have included Comcast Holdings' condensed consolidated financial information for all periods presented. Our condensed consolidating financial information is presented in the tables below.

Condensed Consolidating Balance Sheet

June 30, 2010


(in millions)	Comcast Parent		CCCL Parent		Combined CCHMO Parents		Comcast Holdings		Non- Guarantor Subsidiaries		Elimination and Consolidation Adjustments			Consolidated Comcast Corporation
ASSETS
Cash and cash equivalents	$	—	$	—	$	—	$	—	$	4,028	$	—		$	4,028
Investments		—		—		—		—		53		—			53
Accounts receivable, net		—		—		—		—		1,845		—			1,845
Other current assets		180		2		—		—		483		—			665
Total current assets		180		2		—		—		6,409		—			6,591
Investments		—		—		—		—		6,098		—			6,098
Investments in and amounts due from subsidiaries eliminated upon consolidation		67,599		83,748		48,377		70,254		8,235		(278,213	)		—
Property and equipment, net		286		—		—		—		22,931		—			23,217
Franchise rights		—		—		—		—		59,452		—			59,452
Goodwill		—		—		—		—		15,028		—			15,028
Other intangible assets, net		10		—		—		—		3,863		—			3,873
Other noncurrent assets, net		1,118		44		—		148		853		(795	)		1,368
Total assets	$	69,193	$	83,794	$	48,377	$	70,402	$	122,869	$	(279,008	)	$	115,627

LIABILITIES AND EQUITY
Accounts payable and accrued expenses related to trade creditors	$	10	$	—	$	—	$	—	$	3,116	$	—		$	3,126
Accrued expenses and other current liabilities		1,084		345		75		268		1,484		—			3,256
Current portion of long-term debt		1,265		1,000		—		—		43		—			2,308
Total current liabilities		2,359		1,345		75		268		4,643		—			8,690
Long-term debt, less current portion		21,800		3,960		2,347		313		264		—			28,684
Deferred income taxes		—		—		—		685		27,542		(652	)		27,575
Other noncurrent liabilities		1,597		—		—		—		5,555		(143)			7,009
Redeemable noncontrolling interests		—		—		—		—		145		—			145
Equity:
Common stock		32		—		—		—		—		—			32
Other shareholders' equity		43,405		78,489		45,955		69,136		84,633		(278,213	)		43,405
Total Comcast Corporation shareholders' equity		43,437		78,489		45,955		69,136		84,633		(278,213	)		43,437
Noncontrolling interests		—		—		—		—		87		—			87
Total equity		43,437		78,489		45,955		69,136		84,720		(278,213	)		43,524
Total liabilities and equity	$	69,193	$	83,794	$	48,377	$	70,402	$	122,869	$	(279,008	)	$	115,627

Condensed Consolidating Balance Sheet

December 31, 2009


(in millions)	Comcast Parent		CCCL Parent		Combined CCHMO Parents		Comcast Holdings		Non- Guarantor Subsidiaries		Elimination and Consolidation Adjustments			Consolidated Comcast Corporation
ASSETS
Cash and cash equivalents	$	—	$	—	$	—	$	—	$	671	$	—		$	671
Investments		—		—		—		—		50		—			50
Accounts receivable, net		—		—		—		—		1,711		—			1,711
Other current assets		169		2		—		—		620		—			791
Total current assets		169		2		—		—		3,052		—			3,223
Investments		—		—		—		—		5,947		—			5,947
Investments in and amounts due from subsidiaries eliminated upon consolidation		73,943		80,766		47,141		69,959		5,721		(277,530	)		—
Property and equipment, net		299		—		—		—		23,556		—			23,855
Franchise rights		—		—		—		—		59,452		—			59,452
Goodwill		—		—		—		—		14,933		—			14,933
Other intangible assets, net		11		—		—		—		4,094		—			4,105
Other noncurrent assets, net		419		13		—		6		780		—			1,218
Total assets	$	74,841	$	80,781	$	47,141	$	69,965	$	117,535	$	(277,530	)	$	112,733

LIABILITIES AND EQUITY
Accounts payable and accrued expenses related to trade creditors	$	14	$	—	$	—	$	—	$	3,080	$	—		$	3,094
Accrued expenses and other current liabilities		1,009		176		75		131		1,608		—			2,999
Current portion of long-term debt		1,100		—		—		—		56		—			1,156
Total current liabilities		2,123		176		75		131		4,744		—			7,249
Long-term debt, less current portion		20,089		4,925		2,352		326		248		—			27,940
Deferred income taxes		8,068		—		—		697		19,035		—			27,800
Other noncurrent liabilities		1,840		—		—		171		4,756		—			6,767
Redeemable noncontrolling interests		—		—		—		—		166		—			166
Equity:
Common stock		32		—		—		—		—		—			32
Other shareholders' equity		42,689		75,680		44,714		68,640		88,496		(277,530	)		42,689
Total Comcast Corporation shareholders' equity		42,721		75,680		44,714		68,640		88,496		(277,530	)		42,721
Noncontrolling interests		—		—		—		—		90		—			90
Total equity		42,721		75,680		44,714		68,640		88,586		(277,530	)		42,811
Total liabilities and equity	$	74,841	$	80,781	$	47,141	$	69,965	$	117,535	$	(277,530	)	$	112,733

Condensed Consolidating Statement of Operations

For the Three Months Ended June 30, 2010


(in millions)	Comcast Parent			CCCL Parent			Combined CCHMO Parents			Comcast Holdings			Non- Guarantor Subsidiaries			Elimination and Consolidation Adjustments			Consolidated Comcast Corporation
Revenue:
Service revenue	$	—		$	—		$	—		$	—		$	9,525		$	—		$	9,525
Management fee revenue		202			120			112			—			—			(434	)		—
		202			120			112			—			9,525			(434	)		9,525
Costs and Expenses:
Operating (excluding depreciation and amortization)		—			—			—			—			3,827			—			3,827
Selling, general and administrative		119			120			112			15			2,029			(434	)		1,961
Depreciation		7			—			—			—			1,404			—			1,411
Amortization		—			—			—			—			248			—			248
		126			120			112			15			7,508			(434	)		7,447
Operating income (loss)		76			—			—			(15	)		2,017			—			2,078
Other Income (Expense):
Interest expense		(357	)		(100	)		(43	)		(9	)		(34	)		—			(543	)
Investment income (loss), net		1			—			—			1			(2	)		—			—
Equity in net income (losses) of affiliates, net		1,089			1,114			748			1,147			(26	)		(4,098	)		(26	)
Other income (expense)		(35	)		—			—			—			—			—			(35	)
		698			1,014			705			1,139			(62	)		(4,098	)		(604	)
Income (loss) before income taxes		774			1,014			705			1,124			1,955			(4,098	)		1,474
Income tax (expense) benefit		110			35			15			8			(756	)		—			(588	)
Net income (loss) from consolidated operations		884			1,049			720			1,132			1,199			(4,098	)		886
Net (income) loss attributable to noncontrolling interests		—			—			—			—			(2	)		—			(2	)
Net income (loss) attributable to Comcast Corporation	$	884		$	1,049		$	720		$	1,132		$	1,197		$	(4,098	)	$	884

Condensed Consolidating Statement of Operations

For the Three Months Ended June 30, 2009


(in millions)	Comcast Parent			CCCL Parent			Combined CCHMO Parents			Comcast Holdings			Non- Guarantor Subsidiaries			Elimination and Consolidation Adjustments			Consolidated Comcast Corporation
Revenue:
Service revenue	$	—		$	—		$	—		$	—		$	8,978		$	—		$	8,978
Management fee revenue		193			169			108			—			—			(470	)		—
		193			169			108			—			8,978			(470	)		8,978
Costs and Expenses:
Operating (excluding depreciation and amortization)		—			—			—			—			3,581			—			3,581
Selling, general and administrative		82			169			108			14			1,959			(470	)		1,862
Depreciation		7			—			—			—			1,399			—			1,406
Amortization		—			—			—			—			254			—			254
		89			169			108			14			7,193			(470	)		7,103
Operating income (loss)		104			—			—			(14	)		1,785			—			1,875
Other Income (Expense):
Interest expense		(315	)		(140	)		(50	)		(8	)		(38	)		—			(551	)
Investment income (loss), net		—			—			—			(4	)		61			—			57
Equity in net income (losses) of affiliates, net		1,104			1,246			839			1,201			(59	)		(4,344	)		(13	)
Other income (expense)		—			—			—			—			12			—			12
		789			1,106			789			1,189			(24	)		(4,344	)		(495	)
Income (loss) before income taxes		893			1,106			789			1,175			1,761			(4,344	)		1,380
Income tax (expense) benefit		74			49			17			10			(574	)		—			(424	)
Net income (loss) from consolidated operations		967			1,155			806			1,185			1,187			(4,344	)		956
Net (income) loss attributable to noncontrolling interests		—			—			—			—			11			—			11
Net income (loss) attributable to Comcast Corporation	$	967		$	1,155		$	806		$	1,185		$	1,198		$	(4,344	)	$	967

Condensed Consolidating Statement of Operations

For the Six Months Ended June 30, 2010


(in millions)	Comcast Parent			CCCL Parent			Combined CCHMO Parents			Comcast Holdings			Non- Guarantor Subsidiaries			Elimination and Consolidation Adjustments			Consolidated Comcast Corporation
Revenue:
Service revenue	$	—		$	—		$	—		$	—		$	18,727		$	—		$	18,727
Management fee revenue		398			357			222			—			—			(977	)		—
		398			357			222			—			18,727			(977	)		18,727
Costs and Expenses:
Operating (excluding depreciation and amortization)		—			—			—			—			7,559			—			7,559
Selling, general and administrative		231			357			222			29			4,004			(977	)		3,866
Depreciation		14			—			—			—			2,776			—			2,790
Amortization		—			—			—			—			499			—			499
		245			357			222			29			14,838			(977	)		14,714
Operating income (loss)		153			—			—			(29	)		3,889			—			4,013
Other Income (Expense):
Interest expense		(692	)		(202	)		(86	)		(17	)		(70	)		—			(1,067	)
Investment income (loss), net		3			—			—			2			96			—			101
Equity in net income (losses) of affiliates, net		2,130			2,284			1,430			2,302			(58	)		(8,146	)		(58	)
Other income (expense)		(48	)		—			—			—			3			—			(45	)
		1,393			2,082			1,344			2,287			(29	)		(8,146	)		(1,069	)
Income (loss) before income taxes		1,546			2,082			1,344			2,258			3,860			(8,146	)		2,944
Income tax (expense) benefit		204			70			30			15			(1,498	)		—			(1,179	)
Net income (loss) from consolidated operations		1,750			2,152			1,374			2,273			2,362			(8,146	)		1,765
Net (income) loss attributable to noncontrolling interests		—			—			—			—			(15	)		—			(15	)
Net income (loss) attributable to Comcast Corporation	$	1,750		$	2,152		$	1,374		$	2,273		$	2,347		$	(8,146	)	$	1,750

Condensed Consolidating Statement of Operations

For the Six Months Ended June 30, 2009


(in millions)	Comcast Parent			CCCL Parent			Combined CCHMO Parents			Comcast Holdings			Non- Guarantor Subsidiaries			Elimination and Consolidation Adjustments			Consolidated Comcast Corporation
Revenue:
Service revenue	$	—		$	—		$	—		$	—		$	17,844		$	—		$	17,844
Management fee revenue		384			336			215			—			—			(935	)		—
		384			336			215			—			17,844			(935	)		17,844
Costs and Expenses:
Operating (excluding depreciation and amortization)		—			—			—			—			7,173			—			7,173
Selling, general and administrative		160			336			215			28			3,888			(935	)		3,692
Depreciation		14			—			—			—			2,772			—			2,786
Amortization		—			—			—			—			507			—			507
		174			336			215			28			14,340			(935	)		14,158
Operating income (loss)		210			—			—			(28	)		3,504			—			3,686
Other Income (Expense):
Interest expense		(634	)		(308	)		(100	)		(10	)		(69	)		—			(1,121	)
Investment income (loss), net		(7	)		—			—			5			72			—			70
Equity in net income (losses) of affiliates, net		2,019			2,325			1,583			2,193			(95	)		(8,052	)		(27	)
Other income (expense)		—			—			—			—			11			—			11
		1,378			2,017			1,483			2,188			(81	)		(8,052	)		(1,067	)
Income (loss) before income taxes		1,588			2,017			1,483			2,160			3,423			(8,052	)		2,619
Income tax (expense) benefit		151			108			35			12			(1,191	)		—			(885	)
Net income (loss) from consolidated operations		1,739			2,125			1,518			2,172			2,232			(8,052	)		1,734
Net (income) loss attributable to noncontrolling interests		—			—			—			—			5			—			5
Net income (loss) attributable to Comcast Corporation	$	1,739		$	2,125		$	1,518		$	2,172		$	2,237		$	(8,052	)	$	1,739

Condensed Consolidating Statement of Cash Flows

For the Six Months Ended June 30, 2010


(in millions)	Comcast Parent			CCCL Parent			Combined CCHMO Parents			Comcast Holdings			Non- Guarantor Subsidiaries			Elimination and Consolidation Adjustments		Consolidated Comcast Corporation
Net cash provided by (used in) operating activities	$	(1,153	)	$	16		$	(66	)	$	(204	)	$	6,739		$	—	$	5,332
Investing Activities:
Net transactions with affiliates		545			(16	)		66			217			(812	)		—		—
Capital expenditures		(1	)		—			—			—			(2,062	)		—		(2,063	)
Cash paid for intangible assets		—			—			—			—			(237	)		—		(237	)
Acquisitions, net of cash acquired		—			—			—			—			(183	)		—		(183	)
Proceeds from sales of investments		—			—			—			—			15			—		15
Purchases of investments		—			—			—			—			(32	)		—		(32	)
Other		—			—			—			—			(55	)		—		(55	)
Net cash provided by (used in) investing activities		544			(16	)		66			217			(3,366	)		—		(2,555	)
Financing Activities:
Proceeds from borrowings		2,394			—			—			—			27			—		2,421
Repurchases and repayments of debt		(600	)		—			—			(13	)		(25	)		—		(638	)
Repurchases of common stock		(600	)		—			—			—			—			—		(600	)
Dividends paid		(535	)		—			—			—			—			—		(535	)
Other		(50	)		—			—			—			(18	)		—		(68	)
Net cash provided by (used in) financing activities		609			—			—			(13	)		(16	)		—		580
Increase (decrease) in cash and cash equivalents		—			—			—			—			3,357			—		3,357
Cash and cash equivalents, beginning of period		—			—			—			—			671			—		671
Cash and cash equivalents, end of period	$	—		$	—		$	—		$	—		$	4,028		$	—	$	4,028

Condensed Consolidating Statement of Cash Flows

For the Six Months Ended June 30, 2009


(in millions)	Comcast Parent			CCCL Parent			Combined CCHMO Parents			Comcast Holdings			Non- Guarantor Subsidiaries			Elimination and Consolidation Adjustments		Consolidated Comcast Corporation
Net cash provided by (used in) operating activities	$	155		$	(85	)	$	(72	)	$	28		$	5,087		$	—	$	5,113
Investing Activities:
Net transactions with affiliates		(2,100	)		1,537			72			234			257			—		—
Capital expenditures		(22	)		—			—			—			(2,259	)		—		(2,281	)
Cash paid for intangible assets		—			—			—			—			(241	)		—		(241	)
Acquisitions, net of cash acquired		—			—			—			—			(27	)		—		(27	)
Proceeds from sales of investments		—			—			—			—			16			—		16
Purchases of investments		—			—			—			—			(67	)		—		(67	)
Other		—			—			—			—			30			—		30
Net cash provided by (used in) investing activities		(2,122	)		1,537			72			234			(2,291	)		—		(2,570	)
Financing Activities:
Proceeds from borrowings		2,492			—			—			—			30			—		2,522
Repurchases and repayments of debt		(33	)		(1,448	)		—			(262	)		(24	)		—		(1,767	)
Repurchases of common stock		(108	)		—			—			—			—			—		(108	)
Dividends paid		(375	)		—			—			—			—			—		(375	)
Other		(9	)		(4	)		—			—			(8	)		—		(21	)
Net cash provided by (used in) financing activities		1,967			(1,452	)		—			(262	)		(2	)		—		251
Increase (decrease) in cash and cash equivalents		—			—			—			—			2,794			—		2,794
Cash and cash equivalents, beginning of period		—			—			—			—			1,195			—		1,195
Cash and cash equivalents, end of period	$	—		$	—		$	—		$	—		$	3,989		$	—	$	3,989

Fair Value Measurements and Derivative Financial Instruments (Policy)	6 Months Ended
	Jun. 30, 2010
Statement [Line Items]
Derivatives, Policy	We use derivative financial instruments to manage our exposure to the risks associated with fluctuations in interest rates and equity prices. Our objective is to manage the financial and operational exposure arising from these risks by offsetting gains and losses on the underlying exposures with gains and losses on the derivatives used to economically hedge them. Derivative financial instruments that receive designated hedge accounting treatment are evaluated for effectiveness at the time they are designated, as well as throughout the hedging period. We do not engage in any speculative or leveraged derivative transactions. All derivative transactions must comply with a derivatives policy authorized by our Board of Directors. We manage the credit risks associated with our derivative financial instruments through the evaluation and monitoring of the creditworthiness of the counterparties. Although we may be exposed to losses in the event of nonperformance by the counterparties, we do not expect such losses, if any, to be significant. We manage our exposure to and benefits from price fluctuations in the common stock of some of our investments by using equity derivative financial instruments embedded in other contracts, such as prepaid forward sale agreements, whose values, in part, are derived from the market value of certain publicly traded common stock. We periodically examine the instruments we use to hedge exposure to interest rate and equity price risks to ensure that the instruments are matched with underlying assets or liabilities, to reduce our risks relating to changes in interest rates or equity prices and, through market value and sensitivity analysis, to maintain a high correlation to the risk inherent in the hedged item. For those instruments that do not meet the above conditions, and for those derivative financial instruments that are not designated as a hedge, changes in fair value are recognized on a current basis in earnings. As of June 30, 2010, our derivative financial instruments designated as hedges included (i) the derivative component of one of our prepaid forward sale agreements, which is recorded to other noncurrent liabilities, (ii) our interest rate swap agreements, which are recorded to other current or noncurrent assets or liabilities, and (iii) our interest rate collars, which are recorded to other current liabilities. Changes in the fair value of the derivative component of our prepaid forward sale agreements are recorded to investment income (loss), net. Changes in the fair value of our interest rate swap agreements are recorded to interest expense. These amounts are completely offset by changes in the fair value of the related debt because the swaps are deemed to be 100% effective. The difference between variable and fixed rates to be paid or received under the terms of the interest rate swap agreements is accrued as interest rates change and recognized as an adjustment to interest expense for the related debt. The effective portion of changes in the fair value of our interest rate collars is recorded to accumulated other comprehensive income (loss). The ineffective portion, if any, of changes in the fair value of our interest rate collars is recorded to investment income (loss), net. As of June 30, 2010, our derivative financial instruments not designated as hedges included (i) the derivative component of our indexed debt instruments (our ZONES debt), which is recorded to long-term debt, and (ii) the derivative component of certain of our prepaid forward sale agreements, which is recorded to other noncurrent liabilities.

Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2010

Computation of Diluted EPS


	Three Months Ended June 30
	2010					2009
(in millions, except per share data)	Net Income Attributable to Comcast Corporation		Shares	Per Share Amount		Net Income Attributable to Comcast Corporation		Shares	Per Share Amount
Basic EPS attributable to Comcast Corporation shareholders	$	884	2,816	$	0.31	$	967	2,887	$	0.33
Effect of dilutive securities:
Assumed exercise or issuance of shares relating to stock plans			6					4
Diluted EPS attributable to Comcast Corporation shareholders	$	884	2,822	$	0.31	$	967	2,891	$	0.33

	Six Months Ended June 30
	2010					2009
(in millions, except per share data)	Net Income Attributable to Comcast Corporation		Shares	Per Share Amount		Net Income Attributable to Comcast Corporation		Shares	Per Share Amount
Basic EPS attributable to Comcast Corporation shareholders	$	1,750	2,823	$	0.62	$	1,739	2,886	$	0.60
Effect of dilutive securities:
Assumed exercise or issuance of shares relating to stock plans			7					7
Diluted EPS attributable to Comcast Corporation shareholders	$	1,750	2,830	$	0.62	$	1,739	2,893	$	0.60

Investments (Tables)

6 Months Ended

Jun. 30, 2010

Components of Investment Income (Loss), Net

Investment Summary


(in millions)	June 30, 2010		December 31, 2009
Fair value method	$	2,168	$	1,933
Equity method, primarily SpectrumCo and Clearwire		2,265		2,341
Cost method, primarily AirTouch redeemable preferred shares		1,718		1,723
Total investments		6,151		5,997
Less: Current investments		53		50
Noncurrent investments	$	6,098	$	5,947


	Three Months Ended June 30						Six Months Ended June 30
(in millions)	2010			2009			2010			2009
Gains on sales and exchanges of investments, net	$	9		$	1		$	11		$	4
Investment impairment losses		(6	)		(3	)		(14	)		(19	)
Unrealized gains (losses) on securities underlying prepaid forward sale agreements		(129	)		342			231			380
Mark to market adjustments on derivative component of prepaid forward sale agreements		131			(311	)		(146	)		(340	)
Mark to market adjustments on derivative component of ZONES		1			(5	)		2			4
Interest and dividend income		23			27			45			54
Other, net		(29	)		6			(28	)		(13	)
Investment income (loss), net	$	—		$	57		$	101		$	70

Goodwill (Tables)

6 Months Ended

Jun. 30, 2010

Schedule of Goodwill


(in millions)	Cable			Programming		Corporate and Other		Total
Balance, December 31, 2009(a)	$	12,828		$	1,630	$	475	$	14,933
Acquisitions		74			12		10		96
Settlements and adjustments		(1	)		—		—		(1	)
Balance, June 30, 2010	$	12,901		$	1,642	$	485	$	15,028

(a)	The December 31, 2009 Cable segment and Corporate and Other amounts have been adjusted for segment reclassifications to be consistent with our 2010 management reporting presentation.

Fair Value Measurements and Derivative Financial Instruments (Tables)

6 Months Ended

Jun. 30, 2010

Fair Value Assets and Liabilities Measured On Recurring Basis


	Fair value as of June 30, 2010								December 31, 2009
(in millions)	Level 1		Level 2		Level 3		Total		Total
Assets
Trading securities	$	2,078	$	—	$	—	$	2,078	$	1,855
Available-for-sale securities		90		—		—		90		76
Equity warrants		—		—		2		2		2
Interest rate swap agreements		—		261		—		261		143
	$	2,168	$	261	$	2	$	2,431	$	2,076

Liabilities
Derivative component of ZONES	$	—	$	13	$	—	$	13	$	15
Derivative component of prepaid forward sale agreements		—		495		—		495		349
Interest rate swap agreements		—		1		—		1		1
Interest rate collars		—		67		—		67		—
	$	—	$	576	$	—	$	576	$	365

Amount of Gain (Loss) Recognized in Income on Derivative Instruments


	Three Months Ended June 30						Six Months Ended June 30
(in millions)	2010			2009			2010			2009
Designated Fair Value Hedging Relationships
Interest Income (Expense):
Interest rate swap agreements (fixed to variable)	$	90		$	(113	)	$	118		$	(151	)
Long-term debt — interest rate swap agreements (fixed to variable)		(90	)		113			(118	)		151
Investment Income (Expense):
Unrealized gains (losses) on securities underlying prepaid forward sale agreement		(3	)		33			16			13
Mark to market adjustments on derivative component of prepaid forward sale agreement		4			(30	)		(7	)		(13	)
Gain (loss) on fair value hedging relationships		1			3			9			—

Nondesignated
Investment Income (Expense):
Unrealized gains (losses) on securities underlying prepaid forward sale agreements		(126	)		309			215			367
Mark to market adjustments on derivative component of prepaid forward sale agreements		127			(281	)		(139	)		(327	)
Mark to market adjustments on derivative component of ZONES		1			(5	)		2			4
Total gain (loss)	$	3		$	26		$	87		$	44

Noncontrolling Interests (Tables)

6 Months Ended

Jun. 30, 2010

Schedule Summarizing Changes in Equity Resulting from Net Income Attributable to Parent and Transfers to or from Noncontrolling Interests


(in millions)	Six Months Ended June 30, 2010		Six Months Ended June 30, 2009
Net income attributable to Comcast Corporation	$	1,750	$	1,739
Transfers from (to) noncontrolling interests:
Increase in Comcast Corporation additional paid-in capital resulting from the purchase of noncontrolling interest		11		30
Changes from net income attributable to Comcast Corporation and transfers from (to) noncontrolling interests	$	1,761	$	1,769

Equity (Tables)

6 Months Ended

Jun. 30, 2010

Disclosure of Compensation Related Costs, Share-Based Payments


	Three Months Ended June 30				Six Months Ended June 30
(in millions)	2010		2009		2010		2009
Stock options	$	25	$	28	$	53	$	47
Restricted share units		33		27		68		40
Employee stock purchase plan		2		2		6		7
Total	$	60	$	57	$	127	$	94

Components of Accumulated Other Comprehensive Income


	June 30,
(in millions)	2010			2009
Unrealized gains (losses) on marketable securities	$	22		$	27
Deferred gains (losses) on cash flow hedges		(99	)		(76	)
Unrealized gains (losses) on employee benefit obligations		(5	)		(31	)
Cumulative translation adjustments		(4	)		—
Accumulated other comprehensive income (loss), net of deferred taxes	$	(86	)	$	(80	)

Statement of Cash Flows - Supplemental Information (Tables)

6 Months Ended

Jun. 30, 2010

Adjustments to Reconcile Net Income from Consolidated Operations to Net Cash Provided by Operating Activities


	Six Months Ended June 30
(in millions)	2010			2009
Net income from consolidated operations	$	1,765		$	1,734
Adjustments to reconcile net income from consolidated operations to net cash provided by operating activities:
Depreciation		2,790			2,786
Amortization		499			507
Share-based compensation		153			121
Noncash interest expense (income), net		69			81
Equity in net (income) losses of affiliates, net		58			27
(Gains) losses on investments and noncash other (income) expense, net		(11	)		(23	)
Deferred income taxes		(25	)		394
Changes in operating assets and liabilities, net of effects of acquisitions and divestitures:
Change in accounts receivable, net		(121	)		(49	)
Change in accounts payable and accrued expenses related to trade creditors		2			(112	)
Change in other operating assets and liabilities		153			(353	)
Net cash provided by operating activities	$	5,332		$	5,113

Cash Payments for Interest and Income Taxes


	Three Months Ended June 30				Six Months Ended June 30
(in millions)	2010		2009		2010		2009
Interest	$	354	$	399	$	969	$	1,063
Income taxes	$	1,080	$	585	$	1,126	$	746

Financial Data by Business Segment (Tables)

6 Months Ended

Jun. 30, 2010

Financial Data by Business Segment

	Cable^(a)(b)			Programming^(c)			Corporate and Other^(d)(e)				Eliminations^(f)				Total
Three months ended June 30, 2010
Revenue^(g)		$	8,949		$	454		$	211			$	(89	)		$	9,525
Operating income (loss) before depreciation and amortization^(h)			3,698			152			(112	)			(1	)			3,737
Depreciation and amortization			1,589			49			28				(7	)			1,659
Operating income (loss)			2,109			103			(140	)			6				2,078
Capital expenditures			1,120			7			11				—				1,138

Three months ended June 30, 2009
Revenue^(g)(i)(j)		$	8,518		$	384		$	150			$	(74	)		$	8,978
Operating income (loss) before depreciation and amortization^(h)(i)			3,499			113			(78	)			1				3,535
Depreciation and amortization⁽ⁱ⁾			1,598			48			23				(9	)			1,660
Operating income (loss)⁽ⁱ⁾			1,901			65			(101	)			10				1,875
Capital expenditures			1,108			6			7				—				1,121

Six months ended June 30, 2010
Revenue^(g)		$	17,626		$	839		$	456			$	(194	)		$	18,727
Operating income (loss) before depreciation and amortization^(h)			7,240			273			(211	)			—				7,302
Depreciation and amortization			3,144			103			55				(13	)			3,289
Operating income (loss)			4,096			170			(266	)			13				4,013
Capital expenditures			2,033			12			18				—				2,063

Six months ended June 30, 2009
Revenue^(g)( ⁱ ^)(j)		$	16,901		$	745		$	356			$	(158	)		$	17,844
Operating income (loss) before depreciation and amortization^(h)(i)			6,903			225			(148	)			(1	)			6,979
Depreciation and amortization⁽ⁱ⁾			3,163			97			50				(17	)			3,293
Operating income (loss)⁽ⁱ⁾			3,740			128			(198	)			16				3,686
Capital expenditures			2,238			14			29				—				2,281

(a)	Cable segment revenue was derived from the following services:


	Three Months Ended June 30				Six Months Ended June 30
	2010		2009		2010		2009
Video^(j)	54.9	%	57.3	%	55.4	%	58.1	%
High-speed Internet	23.8	%	22.7	%	23.8	%	22.7	%
Phone	10.2	%	9.4	%	10.2	%	9.3	%
Advertising^(j)	5.0	%	4.3	%	4.6	%	3.9	%
Franchise fees	2.8	%	2.8	%	2.8	%	2.8	%
Other^(j)	3.3	%	3.5	%	3.2	%	3.2	%
Total	100.0	%	100.0	%	100.0	%	100.0	%

(b)	Our Cable segment includes our regional sports networks.

(c)	Our Programming segment consists primarily of our consolidated national programming networks, E!, Golf Channel, VERSUS, G4 and Style.

(d)	Corporate and Other activities include Comcast Interactive Media, Comcast Spectacor, a portion of operating results of our less than wholly owned technology development ventures (see "(e)" below), corporate activities and all other businesses not presented in our Cable or Programming segments.

(e)

(f)	Included in the Eliminations column are transactions that our segments enter into with one another. The most common types of transactions are the following:

•

our Programming segment generates revenue by selling cable network programming to our Cable segment, which represents a substantial majority of the revenue elimination amount

•

our Cable segment receives incentives offered by our Programming segment when negotiating programming contracts that are recorded as a reduction to programming expenses

•

our Cable segment generates revenue by selling advertising and by selling the use of satellite feeds to our Programming segment

•

our Cable segment generates revenue by providing network services to Comcast Interactive Media

(g)	Non-U.S. revenue was not significant in any period. No single customer accounted for a significant amount of our revenue in any period.

(h)

(i)


(in millions)	Three Months Ended June 30, 2009			Six Months Ended June 30, 2009
Revenue	$	2		$	5
Operating income (loss) before depreciation and amortization	$	(2	)	$	(4	)
Depreciation and amortization	$	3		$	6
Operating income (loss)	$	(5	)	$	(10	)

(j)	Reclassifications have been made to prior year amounts between revenue and operating expenses to conform to classifications used in 2010.

Cable Segment Revenue Sources


	Three Months Ended June 30				Six Months Ended June 30
	2010		2009		2010		2009
Video^(j)	54.9	%	57.3	%	55.4	%	58.1	%
High-speed Internet	23.8	%	22.7	%	23.8	%	22.7	%
Phone	10.2	%	9.4	%	10.2	%	9.3	%
Advertising^(j)	5.0	%	4.3	%	4.6	%	3.9	%
Franchise fees	2.8	%	2.8	%	2.8	%	2.8	%
Other^(j)	3.3	%	3.5	%	3.2	%	3.2	%
Total	100.0	%	100.0	%	100.0	%	100.0	%

(j)	Reclassifications have been made to prior year amounts between revenue and operating expenses to conform to classifications used in 2010.

Cable Segment and Corporate and Other Reclassification


(in millions)	Three Months Ended June 30, 2009			Six Months Ended June 30, 2009
Revenue	$	2		$	5
Operating income (loss) before depreciation and amortization	$	(2	)	$	(4	)
Depreciation and amortization	$	3		$	6
Operating income (loss)	$	(5	)	$	(10	)

Condensed Consolidating Financial Information (Tables)

3 Months Ended

6 Months Ended

12 Months Ended

Jun. 30, 2010

Jun. 30, 2009

Jun. 30, 2010

Jun. 30, 2009

Dec. 31, 2009

Schedule of Condensed Consolidating Balance Sheets


(in millions)	Comcast Parent		CCCL Parent		Combined CCHMO Parents		Comcast Holdings		Non- Guarantor Subsidiaries		Elimination and Consolidation Adjustments			Consolidated Comcast Corporation
ASSETS
Cash and cash equivalents	$	—	$	—	$	—	$	—	$	4,028	$	—		$	4,028
Investments		—		—		—		—		53		—			53
Accounts receivable, net		—		—		—		—		1,845		—			1,845
Other current assets		180		2		—		—		483		—			665
Total current assets		180		2		—		—		6,409		—			6,591
Investments		—		—		—		—		6,098		—			6,098
Investments in and amounts due from subsidiaries eliminated upon consolidation		67,599		83,748		48,377		70,254		8,235		(278,213	)		—
Property and equipment, net		286		—		—		—		22,931		—			23,217
Franchise rights		—		—		—		—		59,452		—			59,452
Goodwill		—		—		—		—		15,028		—			15,028
Other intangible assets, net		10		—		—		—		3,863		—			3,873
Other noncurrent assets, net		1,118		44		—		148		853		(795	)		1,368
Total assets	$	69,193	$	83,794	$	48,377	$	70,402	$	122,869	$	(279,008	)	$	115,627

LIABILITIES AND EQUITY
Accounts payable and accrued expenses related to trade creditors	$	10	$	—	$	—	$	—	$	3,116	$	—		$	3,126
Accrued expenses and other current liabilities		1,084		345		75		268		1,484		—			3,256
Current portion of long-term debt		1,265		1,000		—		—		43		—			2,308
Total current liabilities		2,359		1,345		75		268		4,643		—			8,690
Long-term debt, less current portion		21,800		3,960		2,347		313		264		—			28,684
Deferred income taxes		—		—		—		685		27,542		(652	)		27,575
Other noncurrent liabilities		1,597		—		—		—		5,555		(143)			7,009
Redeemable noncontrolling interests		—		—		—		—		145		—			145
Equity:
Common stock		32		—		—		—		—		—			32
Other shareholders' equity		43,405		78,489		45,955		69,136		84,633		(278,213	)		43,405
Total Comcast Corporation shareholders' equity		43,437		78,489		45,955		69,136		84,633		(278,213	)		43,437
Noncontrolling interests		—		—		—		—		87		—			87
Total equity		43,437		78,489		45,955		69,136		84,720		(278,213	)		43,524
Total liabilities and equity	$	69,193	$	83,794	$	48,377	$	70,402	$	122,869	$	(279,008	)	$	115,627


(in millions)	Comcast Parent		CCCL Parent		Combined CCHMO Parents		Comcast Holdings		Non- Guarantor Subsidiaries		Elimination and Consolidation Adjustments			Consolidated Comcast Corporation
ASSETS
Cash and cash equivalents	$	—	$	—	$	—	$	—	$	671	$	—		$	671
Investments		—		—		—		—		50		—			50
Accounts receivable, net		—		—		—		—		1,711		—			1,711
Other current assets		169		2		—		—		620		—			791
Total current assets		169		2		—		—		3,052		—			3,223
Investments		—		—		—		—		5,947		—			5,947
Investments in and amounts due from subsidiaries eliminated upon consolidation		73,943		80,766		47,141		69,959		5,721		(277,530	)		—
Property and equipment, net		299		—		—		—		23,556		—			23,855
Franchise rights		—		—		—		—		59,452		—			59,452
Goodwill		—		—		—		—		14,933		—			14,933
Other intangible assets, net		11		—		—		—		4,094		—			4,105
Other noncurrent assets, net		419		13		—		6		780		—			1,218
Total assets	$	74,841	$	80,781	$	47,141	$	69,965	$	117,535	$	(277,530	)	$	112,733

LIABILITIES AND EQUITY
Accounts payable and accrued expenses related to trade creditors	$	14	$	—	$	—	$	—	$	3,080	$	—		$	3,094
Accrued expenses and other current liabilities		1,009		176		75		131		1,608		—			2,999
Current portion of long-term debt		1,100		—		—		—		56		—			1,156
Total current liabilities		2,123		176		75		131		4,744		—			7,249
Long-term debt, less current portion		20,089		4,925		2,352		326		248		—			27,940
Deferred income taxes		8,068		—		—		697		19,035		—			27,800
Other noncurrent liabilities		1,840		—		—		171		4,756		—			6,767
Redeemable noncontrolling interests		—		—		—		—		166		—			166
Equity:
Common stock		32		—		—		—		—		—			32
Other shareholders' equity		42,689		75,680		44,714		68,640		88,496		(277,530	)		42,689
Total Comcast Corporation shareholders' equity		42,721		75,680		44,714		68,640		88,496		(277,530	)		42,721
Noncontrolling interests		—		—		—		—		90		—			90
Total equity		42,721		75,680		44,714		68,640		88,586		(277,530	)		42,811
Total liabilities and equity	$	74,841	$	80,781	$	47,141	$	69,965	$	117,535	$	(277,530	)	$	112,733

Schedule of Condensed Consolidating Statement of Operations


(in millions)	Comcast Parent			CCCL Parent			Combined CCHMO Parents			Comcast Holdings			Non- Guarantor Subsidiaries			Elimination and Consolidation Adjustments			Consolidated Comcast Corporation
Revenue:
Service revenue	$	—		$	—		$	—		$	—		$	9,525		$	—		$	9,525
Management fee revenue		202			120			112			—			—			(434	)		—
		202			120			112			—			9,525			(434	)		9,525
Costs and Expenses:
Operating (excluding depreciation and amortization)		—			—			—			—			3,827			—			3,827
Selling, general and administrative		119			120			112			15			2,029			(434	)		1,961
Depreciation		7			—			—			—			1,404			—			1,411
Amortization		—			—			—			—			248			—			248
		126			120			112			15			7,508			(434	)		7,447
Operating income (loss)		76			—			—			(15	)		2,017			—			2,078
Other Income (Expense):
Interest expense		(357	)		(100	)		(43	)		(9	)		(34	)		—			(543	)
Investment income (loss), net		1			—			—			1			(2	)		—			—
Equity in net income (losses) of affiliates, net		1,089			1,114			748			1,147			(26	)		(4,098	)		(26	)
Other income (expense)		(35	)		—			—			—			—			—			(35	)
		698			1,014			705			1,139			(62	)		(4,098	)		(604	)
Income (loss) before income taxes		774			1,014			705			1,124			1,955			(4,098	)		1,474
Income tax (expense) benefit		110			35			15			8			(756	)		—			(588	)
Net income (loss) from consolidated operations		884			1,049			720			1,132			1,199			(4,098	)		886
Net (income) loss attributable to noncontrolling interests		—			—			—			—			(2	)		—			(2	)
Net income (loss) attributable to Comcast Corporation	$	884		$	1,049		$	720		$	1,132		$	1,197		$	(4,098	)	$	884


(in millions)	Comcast Parent			CCCL Parent			Combined CCHMO Parents			Comcast Holdings			Non- Guarantor Subsidiaries			Elimination and Consolidation Adjustments			Consolidated Comcast Corporation
Revenue:
Service revenue	$	—		$	—		$	—		$	—		$	8,978		$	—		$	8,978
Management fee revenue		193			169			108			—			—			(470	)		—
		193			169			108			—			8,978			(470	)		8,978
Costs and Expenses:
Operating (excluding depreciation and amortization)		—			—			—			—			3,581			—			3,581
Selling, general and administrative		82			169			108			14			1,959			(470	)		1,862
Depreciation		7			—			—			—			1,399			—			1,406
Amortization		—			—			—			—			254			—			254
		89			169			108			14			7,193			(470	)		7,103
Operating income (loss)		104			—			—			(14	)		1,785			—			1,875
Other Income (Expense):
Interest expense		(315	)		(140	)		(50	)		(8	)		(38	)		—			(551	)
Investment income (loss), net		—			—			—			(4	)		61			—			57
Equity in net income (losses) of affiliates, net		1,104			1,246			839			1,201			(59	)		(4,344	)		(13	)
Other income (expense)		—			—			—			—			12			—			12
		789			1,106			789			1,189			(24	)		(4,344	)		(495	)
Income (loss) before income taxes		893			1,106			789			1,175			1,761			(4,344	)		1,380
Income tax (expense) benefit		74			49			17			10			(574	)		—			(424	)
Net income (loss) from consolidated operations		967			1,155			806			1,185			1,187			(4,344	)		956
Net (income) loss attributable to noncontrolling interests		—			—			—			—			11			—			11
Net income (loss) attributable to Comcast Corporation	$	967		$	1,155		$	806		$	1,185		$	1,198		$	(4,344	)	$	967


(in millions)	Comcast Parent			CCCL Parent			Combined CCHMO Parents			Comcast Holdings			Non- Guarantor Subsidiaries			Elimination and Consolidation Adjustments			Consolidated Comcast Corporation
Revenue:
Service revenue	$	—		$	—		$	—		$	—		$	18,727		$	—		$	18,727
Management fee revenue		398			357			222			—			—			(977	)		—
		398			357			222			—			18,727			(977	)		18,727
Costs and Expenses:
Operating (excluding depreciation and amortization)		—			—			—			—			7,559			—			7,559
Selling, general and administrative		231			357			222			29			4,004			(977	)		3,866
Depreciation		14			—			—			—			2,776			—			2,790
Amortization		—			—			—			—			499			—			499
		245			357			222			29			14,838			(977	)		14,714
Operating income (loss)		153			—			—			(29	)		3,889			—			4,013
Other Income (Expense):
Interest expense		(692	)		(202	)		(86	)		(17	)		(70	)		—			(1,067	)
Investment income (loss), net		3			—			—			2			96			—			101
Equity in net income (losses) of affiliates, net		2,130			2,284			1,430			2,302			(58	)		(8,146	)		(58	)
Other income (expense)		(48	)		—			—			—			3			—			(45	)
		1,393			2,082			1,344			2,287			(29	)		(8,146	)		(1,069	)
Income (loss) before income taxes		1,546			2,082			1,344			2,258			3,860			(8,146	)		2,944
Income tax (expense) benefit		204			70			30			15			(1,498	)		—			(1,179	)
Net income (loss) from consolidated operations		1,750			2,152			1,374			2,273			2,362			(8,146	)		1,765
Net (income) loss attributable to noncontrolling interests		—			—			—			—			(15	)		—			(15	)
Net income (loss) attributable to Comcast Corporation	$	1,750		$	2,152		$	1,374		$	2,273		$	2,347		$	(8,146	)	$	1,750


(in millions)	Comcast Parent			CCCL Parent			Combined CCHMO Parents			Comcast Holdings			Non- Guarantor Subsidiaries			Elimination and Consolidation Adjustments			Consolidated Comcast Corporation
Revenue:
Service revenue	$	—		$	—		$	—		$	—		$	17,844		$	—		$	17,844
Management fee revenue		384			336			215			—			—			(935	)		—
		384			336			215			—			17,844			(935	)		17,844
Costs and Expenses:
Operating (excluding depreciation and amortization)		—			—			—			—			7,173			—			7,173
Selling, general and administrative		160			336			215			28			3,888			(935	)		3,692
Depreciation		14			—			—			—			2,772			—			2,786
Amortization		—			—			—			—			507			—			507
		174			336			215			28			14,340			(935	)		14,158
Operating income (loss)		210			—			—			(28	)		3,504			—			3,686
Other Income (Expense):
Interest expense		(634	)		(308	)		(100	)		(10	)		(69	)		—			(1,121	)
Investment income (loss), net		(7	)		—			—			5			72			—			70
Equity in net income (losses) of affiliates, net		2,019			2,325			1,583			2,193			(95	)		(8,052	)		(27	)
Other income (expense)		—			—			—			—			11			—			11
		1,378			2,017			1,483			2,188			(81	)		(8,052	)		(1,067	)
Income (loss) before income taxes		1,588			2,017			1,483			2,160			3,423			(8,052	)		2,619
Income tax (expense) benefit		151			108			35			12			(1,191	)		—			(885	)
Net income (loss) from consolidated operations		1,739			2,125			1,518			2,172			2,232			(8,052	)		1,734
Net (income) loss attributable to noncontrolling interests		—			—			—			—			5			—			5
Net income (loss) attributable to Comcast Corporation	$	1,739		$	2,125		$	1,518		$	2,172		$	2,237		$	(8,052	)	$	1,739

Schedule of Condensed Consolidating Statement of Cash Flows


(in millions)	Comcast Parent			CCCL Parent			Combined CCHMO Parents			Comcast Holdings			Non- Guarantor Subsidiaries			Elimination and Consolidation Adjustments		Consolidated Comcast Corporation
Net cash provided by (used in) operating activities	$	(1,153	)	$	16		$	(66	)	$	(204	)	$	6,739		$	—	$	5,332
Investing Activities:
Net transactions with affiliates		545			(16	)		66			217			(812	)		—		—
Capital expenditures		(1	)		—			—			—			(2,062	)		—		(2,063	)
Cash paid for intangible assets		—			—			—			—			(237	)		—		(237	)
Acquisitions, net of cash acquired		—			—			—			—			(183	)		—		(183	)
Proceeds from sales of investments		—			—			—			—			15			—		15
Purchases of investments		—			—			—			—			(32	)		—		(32	)
Other		—			—			—			—			(55	)		—		(55	)
Net cash provided by (used in) investing activities		544			(16	)		66			217			(3,366	)		—		(2,555	)
Financing Activities:
Proceeds from borrowings		2,394			—			—			—			27			—		2,421
Repurchases and repayments of debt		(600	)		—			—			(13	)		(25	)		—		(638	)
Repurchases of common stock		(600	)		—			—			—			—			—		(600	)
Dividends paid		(535	)		—			—			—			—			—		(535	)
Other		(50	)		—			—			—			(18	)		—		(68	)
Net cash provided by (used in) financing activities		609			—			—			(13	)		(16	)		—		580
Increase (decrease) in cash and cash equivalents		—			—			—			—			3,357			—		3,357
Cash and cash equivalents, beginning of period		—			—			—			—			671			—		671
Cash and cash equivalents, end of period	$	—		$	—		$	—		$	—		$	4,028		$	—	$	4,028


(in millions)	Comcast Parent			CCCL Parent			Combined CCHMO Parents			Comcast Holdings			Non- Guarantor Subsidiaries			Elimination and Consolidation Adjustments		Consolidated Comcast Corporation
Net cash provided by (used in) operating activities	$	155		$	(85	)	$	(72	)	$	28		$	5,087		$	—	$	5,113
Investing Activities:
Net transactions with affiliates		(2,100	)		1,537			72			234			257			—		—
Capital expenditures		(22	)		—			—			—			(2,259	)		—		(2,281	)
Cash paid for intangible assets		—			—			—			—			(241	)		—		(241	)
Acquisitions, net of cash acquired		—			—			—			—			(27	)		—		(27	)
Proceeds from sales of investments		—			—			—			—			16			—		16
Purchases of investments		—			—			—			—			(67	)		—		(67	)
Other		—			—			—			—			30			—		30
Net cash provided by (used in) investing activities		(2,122	)		1,537			72			234			(2,291	)		—		(2,570	)
Financing Activities:
Proceeds from borrowings		2,492			—			—			—			30			—		2,522
Repurchases and repayments of debt		(33	)		(1,448	)		—			(262	)		(24	)		—		(1,767	)
Repurchases of common stock		(108	)		—			—			—			—			—		(108	)
Dividends paid		(375	)		—			—			—			—			—		(375	)
Other		(9	)		(4	)		—			—			(8	)		—		(21	)
Net cash provided by (used in) financing activities		1,967			(1,452	)		—			(262	)		(2	)		—		251
Increase (decrease) in cash and cash equivalents		—			—			—			—			2,794			—		2,794
Cash and cash equivalents, beginning of period		—			—			—			—			1,195			—		1,195
Cash and cash equivalents, end of period	$	—		$	—		$	—		$	—		$	3,989		$	—	$	3,989

Earnings Per Share (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2010	Jun. 30, 2009	Jun. 30, 2010	Jun. 30, 2009
Statement [Line Items]
Excluded shares from diluted EPS because their inclusion would have an antidilutive effect	195	204	194	196
Net income attributable to Comcast Corporation	$ 884	$ 967	$ 1,750	$ 1,739
Weighted Average Number of Shares Outstanding, Diluted	2,822	2,891	2,830	2,893
Basic earnings per common share attributable to Comcast Corporation shareholders	$ 0.31	$ 0.33	$ 0.62	$ 0.6
Diluted earnings per common share attributable to Comcast Corporation shareholders	$ 0.31	$ 0.33	$ 0.62	$ 0.6
Shares to corporate shareholders [Member]
Statement [Line Items]
Net income attributable to Comcast Corporation	$ 884	$ 967	$ 1,750	$ 1,739
Weighted Average Number of Shares Outstanding, Basic	2,816	2,887	2,823	2,886
Basic earnings per common share attributable to Comcast Corporation shareholders	$ 0.31	$ 0.33	$ 0.62	$ 0.60
Shares relating to stock plans [Member]
Statement [Line Items]
Assumed exercise or issuance of shares relating to stock plans	6	4	7	7

Acquisitions and Other Significant Events (Details) - USD ($)	3 Months Ended	6 Months Ended
	Dec. 31, 2009	Jun. 30, 2010
Statement [Line Items]
Date we and GE entered into an agreement to form new company	<font class="_mt">December 2009 </font>
Comcast expected ownership percentage in new company to be formed in connection with the NBC Universal transaction	51.00%
GE's expected ownership percentage in new company to be formed in connection with the NBC Universal transaction	49.00%
Collective value of assets to be contributed by Comcast to new company to be formed in connection with the NBC Universal transaction	$ 7,250,000,000
Amount of cash payable by Comcast to GE subject to certain adjustments primarily based on the free cash flow generated by NBC Universal	$ 7,100,000,000
Number of years after the closing of the NBC Universal transaction in which GE can redeem half of its interest in the new company (first redemption right)	3.5
Number of years after the closing of the NBC Universal transaction in which GE can redeem its remaining interest in the new company	7
Number of years after the closing of the NBC Universal transaction in which we can purchase half of GE's interest in the new company if GE does not exercise their first redemption right	5
Number of years after the closing of the NBC Universal transaction in which we can purchase GE's remaining interest, if any, in the new company	$ 8
The redemption and purchase price will equal the ownership percentage being acquired multiplied by 120% of the fully distributed public market trading value of the new company, less half of the excess of 120% of that value over $28.15 billion	120.00%
Amount used for determining redemption and purchase price	$ 28,150,000,000
Our cash or common stock funding commitment for each of the two GE redemption rights	2,875,000,000
Our aggregate cash or common stock funding commitment for the two GE redemption rights	$ 5,750,000,000
Aggregate purchase price of series of business acquisitions		$ 195,000,000
Expected closing date for NBC Universal transaction, subject to various regulatory approvals	2010
Amount borrowed by NBC Universal from third party lenders		4,000,000,000
Potential additional borrowing by NBC Universal from third party lenders		$ 5,100,000,000
Percentage adjustment factor to determine redemption and purchase price for GE's interest	120.00%

Investments (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
Investments (Details) - USD ($) $ in Millions	Jun. 30, 2010	Jun. 30, 2009	Jun. 30, 2010	Jun. 30, 2009	Dec. 31, 2009
Statement [Line Items]
Fair value method	$ 2,168		$ 2,168		$ 1,933
Equity method, primarily SpectrumCo and Clearwire	2,265		2,265		2,341
Cost method, primarily AirTouch redeemable preferred shares	1,718		1,718		1,723
Total investments	6,151		6,151		5,997
Less: Current investments	53		53		50
Noncurrent investments	6,098		6,098		5,947
Gains on sales and exchanges of investments,net	9	$ 1	11	$ 4
Investment impairment losses	(6)	(3)	(14)	(19)
Unrealized gains (losses) on securities underlying prepaid forward sale agreements	(129)	342	231	380
Mark to market adjustment on derivative component of prepaid forward sale agreements	131	(311)	(146)	(340)
Mark to market adjustments on derivative component of ZONES	1	(5)	2	4
Interest and dividend income	23	27	45	54
Other, net	(29)	6	(28)	(13)
Investment income (loss), net		$ 57	101	$ 70
Air Touch [Member]
Statement [Line Items]
Cost Method Investments, Fair Value Disclosure	$ 1,590		$ 1,590		$ 1,524

Goodwill (Details)
$ in Millions

6 Months Ended

Jun. 30, 2010

USD ($)

$ 14,933

^[1]

Settlements and adjustments

(1)

15,028

Cable [Member]

12,828

^[1]

Settlements and adjustments

(1)

12,901

Programming [Member]

1,630

^[1]

Corporate and Other [Member]

1,642

475

^[1]

$ 485

[1]	The December 31, 2009 Cable segment and Corporate and Other amounts have been adjusted for segment reclassifications to be consistent with our 2010 management reporting presentation.

Long-Term Debt (Details) $ in Billions	3 Months Ended
Long-Term Debt (Details) $ in Billions	Mar. 31, 2010 USD ($)
Principal amount issued of 5.15% notes due 2020 [Member] \| Corporate Debt Securities [Member]
Statement [Line Items]
Principal amount	$ 1.4
Debt Instrument, Interest Rate, Stated Percentage	5.15%
Debt Instrument, Maturity Date	Mar. 01, 2020
Principal amount issued of 6.4% notes due 2040 [Member] \| Other Corporate Debt Securities [Member]
Statement [Line Items]
Principal amount	$ 1.0
Debt Instrument, Interest Rate, Stated Percentage	6.40%
Debt Instrument, Maturity Date	Mar. 01, 2040

Fair Value Measurements and Derivative Financial Instruments (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2010	Jun. 30, 2009	Jun. 30, 2010	Jun. 30, 2009	Dec. 31, 2009
Statement [Line Items]
Trading securities	$ 2,078		$ 2,078		$ 1,855
Available-for-sale securities	90		90		76
Equity warrants	2		2		2
Interest rate swap agreements	261		261		143
Fair Value, Assets Measured on Recurring Basis, Total	2,431		2,431		2,076
Derivative component of ZONES	13		13		15
Derivative component of prepaid forward sale agreements	495		495		349
Interest rate swap agreements	1		1		1
Interest rate collars	67		67
Fair Value Liabilities Measured On Recurring Basis	576		576		$ 365
Gain (loss) on fair value hedging relationships	1	$ 3	9
Total gain (loss)	3	26	87	$ 44
Total Debt, Fair Value Disclosure	34,029		34,029
Difference between variable and fixed rates received under interest rate swap agreements	33	25	$ 65	48
Percentage of effectiveness for interest rate swaps			100.00%
Fair Value, Inputs, Level 1 [Member]
Statement [Line Items]
Trading securities	2,078		$ 2,078
Available-for-sale securities	90		90
Fair Value, Assets Measured on Recurring Basis, Total	2,168		2,168
Fair Value, Inputs, Level 2 [Member]
Statement [Line Items]
Interest rate swap agreements	261		261
Fair Value, Assets Measured on Recurring Basis, Total	261		261
Derivative component of ZONES	13		13
Derivative component of prepaid forward sale agreements	495		495
Interest rate swap agreements	1		1
Interest rate collars	67		67
Fair Value Liabilities Measured On Recurring Basis	576		576
Fair Value, Inputs, Level 3 [Member]
Statement [Line Items]
Equity warrants	2		2
Fair Value, Assets Measured on Recurring Basis, Total	2		2
Fair Value Hedging [Member]
Statement [Line Items]
Unrealized gains (losses) on securities underlying prepaid forward sale agreements	(3)	33	16	13
Mark to market adjustments on derivative component of prepaid forward sale agreements	4	(30)	(7)	(13)
Fair Value Hedging [Member] \| Interest Rate Swap Agreements, Derivative Portion [Member]
Statement [Line Items]
Interest rate swap agreements (fixed to variable)	90	(113)	118	(151)
Fair Value Hedging [Member] \| Interest Rate Swap Agreements, Long-Term Debt Portion [Member]
Statement [Line Items]
Interest rate swap agreements (fixed to variable)	(90)	113	(118)	151
Nondesignated [Member]
Statement [Line Items]
Mark to market adjustments on derivative component of ZONES	1	(5)	2	4
Nondesignated [Member] \| Prepaid Forward Sale Agreements, Derivative Portion [Member]
Statement [Line Items]
Mark to market adjustments on derivative component of prepaid forward sale agreements	127	(281)	(139)	(327)
Nondesignated [Member] \| Prepaid Forward Sale Agreements, Liability Portion [Member]
Statement [Line Items]
Unrealized gains (losses) on securities underlying prepaid forward sale agreements	$ (126)	$ 309	$ 215	$ 367

Noncontrolling Interests (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
Noncontrolling Interests (Details) - USD ($) $ in Millions	Jun. 30, 2010	Jun. 30, 2009	Jun. 30, 2010	Jun. 30, 2009
Statement [Line Items]
Carrying value of noncontrolling interest acquired	$ 20		$ 20
Purchase price to acquire noncontrolling interest	9		9
Net income attributable to Comcast Corporation	$ 884	$ 967	1,750	$ 1,739
Increase in Comcast Corporation additional paid-in capital resulting from the purchase of noncontrolling interest			11	30
Changes from net income attributable to Comcast Corporation and transfers from (to) noncontrolling interests			$ 1,761	$ 1,769

Equity (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended			6 Months Ended
	Jun. 30, 2010	Mar. 31, 2010	Jun. 30, 2009	Jun. 30, 2010	Jun. 30, 2009	Dec. 31, 2009
Statement [Line Items]
Allocated Share-Based Compensation Expense	$ 60		$ 57	$ 127	$ 94
Employee Cost Associated With Participation In Employee Stock Purchase Plan Satisfied With Payroll Deductions	11		10	26	27
Unrealized gains (losses) on marketable securities	22		27	22	27
Deferred gains (losses) on cash flow hedges	(99)		(76)	(99)	(76)
Unrealized gains (losses) on employee benefit obligations	(5)		(31)	(5)	(31)
Cumulative translation adjustments	(4)			(4)
Accumulated other comprehensive income (loss), net of deferred taxes	(86)		(80)	(86)	(80)	$ (46)
Amount of deferred losses on cash flow hedges expected to be reclassified as adjustment to interest expense over next 12 months, gross	16			16
Amount of deferred losses on cash flow hedges expected to be reclassified as adjustment to interest expense over next 12 months, net of deferred taxes	10			10
Annual management grant program-Share-based compensation [Member]
Statement [Line Items]
Number of stock options granted related to our annual management program		30.9
Number of restricted share units granted related to our annual management program		8.4
Fair Value of stock options granted related to our annual management program		$ 5.11
Fair value of restricted share units granted related to our annual management grant program		$ 16.87
Stock Options [Member]
Statement [Line Items]
Allocated Share-Based Compensation Expense	25		28	53	47
Amount of unrecognized pretax compensation cost	396			396
Restricted Share Units [Member]
Statement [Line Items]
Allocated Share-Based Compensation Expense	33		27	68	40
Amount of unrecognized pretax compensation cost	387			387
ESPP [Member]
Statement [Line Items]
Allocated Share-Based Compensation Expense	$ 2		$ 2	$ 6	$ 7

Supplemental Cash Flow Information (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2010	Jun. 30, 2009	Jun. 30, 2010	Jun. 30, 2009
Statement [Line Items]
Net income from consolidated operations	$ 886	$ 956	$ 1,765	$ 1,734
Depreciation	1,411	1,406	2,790	2,786
Amortization			499	507
Share-based compensation			153	121
Noncash interest expense (income), net			69	81
Equity in net (income) losses of affiliates, net	26	13	58	27
(Gains) losses on investments and noncash other (income) expense, net			(11)	(23)
Deferred income taxes			(25)	394
Change in accounts receivable, net			(121)	(49)
Change in accounts payable and accrued expenses related to trade creditors			2	(112)
Change in other operating assets and liabilities			153	(353)
Net cash provided by operating activities			5,332	5,113
Interest	354	399	969	1,063
Income taxes	1,080	$ 585	1,126	$ 746
Dividends payable, amount	$ 265		$ 265
Dividends payable, amount per share	$ 0.0945		$ 0.0945
Capital expenditures incurred but not yet paid			$ 421

Commitments and Contingencies (Details) $ in Millions	6 Months Ended
Commitments and Contingencies (Details) $ in Millions	Jun. 30, 2010 USD ($)
Statement [Line Items]
Aggregate Notional Amount Of Commitment	$ 410
ERISA litigation settlement	$ 5

Financial Data by Business Segment (Details) - USD ($)
$ in Millions

3 Months Ended

6 Months Ended

Jun. 30, 2010

Jun. 30, 2009

Jun. 30, 2010

Jun. 30, 2009

Operating income (loss) before depreciation and amortization

^[1]

$ 9,525

$ 8,978

^[2]

$ 18,727

$ 17,844

^[2]

^[3]

3,737

3,535

7,302

6,979

1,659

1,660

3,289

3,293

2,078

1,875

4,013

3,686

Cable segment revenue types as percentage of total cable revenue

$ 1,138

$ 1,121

$ 2,063

$ 2,281

100.00%

Cable [Member]

Operating income (loss) before depreciation and amortization

^[1],[4]

$ 8,949

$ 8,518

^[2]

$ 17,626

$ 16,901

^[2]

^[3],[4]

3,698

3,499

7,240

6,903

^[4]

1,589

1,598

3,144

3,163

^[4]

2,109

1,901

4,096

3,740

Percentage of total assets attributed to reportable segment

^[4]

1,120

1,108

$ 2,033

2,238

95.00%

Programming [Member]

Operating income (loss) before depreciation and amortization

^[1],[5]

454

384

^[2]

$ 839

745

^[2]

^[3],[5]

152

113

273

225

^[5]

103

^[5]

103

170

128

Corporate and Other [Member]

^[5]

Operating income (loss) before depreciation and amortization

^[1],[6],[7]

211

150

^[2]

456

356

^[2]

^[3],[6],[7]

(112)

(78)

(211)

(148)

^[6],[7]

^[6],[7]

(140)

(101)

(266)

(198)

^[6],[7]

Eliminations [Member]

Operating income (loss) before depreciation and amortization

^[1],[8]

(89)

(74)

^[2]

(194)

(158)

^[2]

^[3],[8]

(1)

^[8]

(7)

(9)

(13)

(17)

Cable segment and corporate and other reclassification [Member]

^[8]

$ 6

$ 13

Operating income (loss) before depreciation and amortization

(2)

(4)

Cable Segment Revenue Percentage-Video [Member]

$ (5)

$ (10)

Cable segment revenue types as percentage of total cable revenue

^[2]

54.90%

57.30%

55.40%

58.10%

Cable Segment Revenue Percentage - High-speed Internet [Member]

Cable segment revenue types as percentage of total cable revenue

23.80%

22.70%

23.80%

22.70%

Cable Segment Revenue Percentage- Phone [Member]

Cable segment revenue types as percentage of total cable revenue

10.20%

9.40%

10.20%

9.30%

Cable Segment Revenue Percentage- Advertising [Member]

Cable segment revenue types as percentage of total cable revenue

^[2]

5.00%

4.30%

4.60%

3.90%

Cable Segment Revenue Percentage- Franchise fees [Member]

Cable segment revenue types as percentage of total cable revenue

2.80%

Cable Segment Revenue Percentage- Other [Member]

Cable segment revenue types as percentage of total cable revenue

^[2]

3.30%

3.50%

3.20%

[1]	Non-U.S. revenue was not significant in any period. No single customer accounted for a significant amount of our revenue in any period.
[2]	Reclassifications have been made to prior year amounts between revenue and operating expenses to conform to classifications used in 2010.
[3]	To measure the performance of our operating segments, we use operating income (loss) before depreciation and amortization, excluding impairments related to fixed and intangible assets, and gains or losses from the sale of assets, if any. This measure eliminates the significant level of noncash depreciation and amortization expense that results from the capital-intensive nature of our businesses and from intangible assets recognized in business combinations. It is also unaffected by our capital structure or investment activities. We use this measure to evaluate our consolidated operating performance, the operating performance of our operating segments, and to allocate resources and capital to our operating segments. It is also a significant performance measure in our annual incentive compensation programs. We believe that this measure is useful to investors because it is one of the bases for comparing our operating performance with other companies in our industries, although our measure may not be directly co mparable to similar measures used by other companies. This measure should not be considered a substitute for operating income (loss), net income (loss) attributable to Comcast Corporation, net cash provided by operating activities, or other measures of performance or liquidity reported in accordance with GAAP.
[4]	Our Cable segment includes our regional sports networks.
[5]	Our Programming segment consists primarily of our consolidated national programming networks, E!, Golf Channel, VERSUS, G4 and Style.
[6]	Corporate and Other activities include Comcast Interactive Media, Comcast Spectacor, a portion of operating results of our less than wholly owned technology development ventures (see "(e)" below), corporate activities and all other businesses not presented in our Cable or Programming segments.
[7]	We consolidate our less than wholly owned technology development ventures that we control or of which we are considered the primary beneficiary. These ventures are with Motorola. The ventures have been created to share the costs of development of new technologies for set-top boxes and other devices. The results of these entities are included within Corporate and Other except for cost allocations, which are made to the Cable segment based on our percentage ownership in each entity.
[8]	Included in the Eliminations column are transactions that our segments enter into with one another. The most common types of transactions are the following: ? our Programming segment generates revenue by selling cable network programming to our Cable segment, which represents a substantial majority of the revenue elimination amount ? our Cable segment receives incentives offered by our Programming segment when negotiating programming contracts that are recorded as a reduction to programming expenses ? our Cable segment generates revenue by selling advertising and by selling the use of satellite feeds to our Programming segment ? our Cable segment generates revenue by providing network services to Comcast Interactive Media

Condensed Consolidating Financial Information (Details) - USD ($)
$ in Millions

3 Months Ended

6 Months Ended

Jun. 30, 2010

Jun. 30, 2009

Jun. 30, 2010

Jun. 30, 2009

Jun. 30, 2010

Dec. 31, 2009

Jun. 30, 2009

Dec. 31, 2008

Cash and cash equivalents

$ 4,028

$ 3,989

$ 671

$ 1,195

$ 4,028

$ 671

$ 3,989

$ 1,195

Accounts receivable, net

1,845

1,711

665

791

6,591

3,223

Property and equipment, net

6,098

5,947

23,217

23,855

Franchise rights

59,452

Other intangible assets, net

15,028

14,933

^[1]

3,873

4,105

1,368

1,218

Accounts payable and accrued expenses related to trade creditors

115,627

112,733

3,126

3,094

3,256

2,999

2,308

1,156

8,690

7,249

28,684

27,940

27,575

27,800

Redeemable noncontrolling interests

7,009

6,767

145

166

43,405

42,689

43,437

42,721

Noncontrolling interests

43,524

42,811

41,814

40,576

115,627

112,733

Service revenue

9,525

8,978

18,727

17,844

Operating (excluding depreciation and amortization)

^[2]

9,525

8,978

^[3]

18,727

17,844

^[3]

3,827

3,581

7,559

7,173

1,961

1,862

3,866

3,692

1,411

1,406

2,790

2,786

Amortization

248

254

499

507

7,447

7,103

14,714

14,158

2,078

1,875

4,013

3,686

(543)

(551)

(1,067)

(1,121)

101

(26)

(13)

(58)

(27)

(35)

(45)

(604)

(495)

(1,069)

(1,067)

1,474

1,380

2,944

2,619

(588)

(424)

(1,179)

(885)

Net (income) loss attributable to noncontrolling interests

886

956

1,765

1,734

(2)

(15)

Net income (loss) attributable to Comcast Corporation

884

967

1,750

1,739

5,332

5,113

Cash paid for intangible assets

(1,138)

(1,121)

(2,063)

(2,281)

(237)

(241)

Acquisitions, net of cash acquired

(183)

(27)

Proceeds from sales of investments

Purchases of investments

(32)

(67)

Net cash provided by (used in) investing activities

(55)

(2,555)

(2,570)

Proceeds from borrowings

2,421

2,522

Repurchases of common stock

(638)

(1,767)

(600)

(108)

Dividends paid

(535)

(375)

Net cash provided by (used in) financing activities

(68)

(21)

580

251

Increase (decrease) in cash and cash equivalents

3,357

2,794

Cash and cash equivalents, beginning of period

671

1,195

Cash and cash equivalents, end of period

4,028

3,989

4,028

3,989

Comcast Holdings' ZONES due October 2029 [Member]

Amount of unconditional subordinated guarantee on principal amount outstanding debt instruments

185

Comcast Holdings' 10 5/8% senior subordinated debentures due 2012 [Member]

Amount of unconditional guarantee of principal amount outstanding of Comcast Holdings

202

Comcast Holdings' ZONES due November 2029 [Member]

Amount of unconditional subordinated guarantee on principal amount outstanding debt instruments

Comcast Parent [Member]

180

169

Investments in and amounts due from subsidiaries eliminated upon consolidation

180

169

67,599

73,943

Property and equipment, net

286

299

Other intangible assets, net

1,118

419

Accounts payable and accrued expenses related to trade creditors

69,193

74,841

1,084

1,009

1,265

1,100

2,359

2,123

21,800

20,089

8,068

1,597

1,840

43,405

42,689

43,437

42,721

43,437

42,721

69,193

74,841

202

193

398

384

202

193

398

384

119

231

160

126

245

174

104

153

210

(357)

(315)

(692)

(634)

(7)

1,089

1,104

2,130

2,019

(35)

(48)

698

789

1,393

1,378

774

893

1,546

1,588

110

204

151

Net income (loss) attributable to Comcast Corporation

884

967

1,750

1,739

884

967

1,750

1,739

(1,153)

155

545

(2,100)

Net cash provided by (used in) investing activities

(1)

(22)

544

(2,122)

Proceeds from borrowings

2,394

2,492

Repurchases of common stock

(600)

(33)

(600)

(108)

Dividends paid

(535)

(375)

Net cash provided by (used in) financing activities

(50)

(9)

609

1,967

CCCL Parent [Member]

Investments in and amounts due from subsidiaries eliminated upon consolidation

83,748

80,766

83,794

80,781

345

176

1,000

1,345

176

3,960

4,925

78,489

75,680

78,489

75,680

78,489

75,680

83,794

80,781

120

169

357

336

120

169

357

336

120

169

357

336

120

169

357

336

(100)

(140)

(202)

(308)

1,114

1,246

2,284

2,325

1,014

1,106

2,082

2,017

1,014

1,106

2,082

2,017

108

Net income (loss) attributable to Comcast Corporation

1,049

1,155

2,152

2,125

1,049

1,155

2,152

2,125

(85)

Net cash provided by (used in) investing activities

(16)

1,537

(16)

1,537

(1,448)

Net cash provided by (used in) financing activities

(4)

(1,452)

Combined CCHMO Parents [Member]

Investments in and amounts due from subsidiaries eliminated upon consolidation

48,377

47,141

48,377

47,141

2,347

2,352

45,955

44,714

45,955

44,714

45,955

44,714

48,377

47,141

112

108

222

215

112

108

222

215

112

108

222

215

112

108

222

215

(43)

(50)

(86)

(100)

748

839

1,430

1,583

705

789

1,344

1,483

705

789

1,344

1,483

Net income (loss) attributable to Comcast Corporation

720

806

1,374

1,518

720

806

1,374

1,518

(66)

(72)

Net cash provided by (used in) investing activities

Comcast Holdings [Member]

Investments in and amounts due from subsidiaries eliminated upon consolidation

70,254

69,959

148

70,402

69,965

268

131

268

131

313

326

685

697

171

69,136

68,640

69,136

68,640

69,136

68,640

70,402

69,965

(15)

(14)

(29)

(28)

(9)

(8)

(17)

(10)

(4)

1,147

1,201

2,302

2,193

1,139

1,189

2,287

2,188

1,124

1,175

2,258

2,160

Net income (loss) attributable to Comcast Corporation

1,132

1,185

2,273

2,172

1,132

1,185

2,273

2,172

(204)

Net cash provided by (used in) investing activities

217

234

217

234

Net cash provided by (used in) financing activities

(13)

(262)

(13)

(262)

Comcast Non-Guarantor Subsidiaries [Member]

Cash and cash equivalents

4,028

3,989

671

1,195

4,028

671

$ 3,989

$ 1,195

Accounts receivable, net

1,845

1,711

483

620

6,409

3,052

Investments in and amounts due from subsidiaries eliminated upon consolidation

6,098

5,947

8,235

5,721

Property and equipment, net

22,931

23,556

Franchise rights

59,452

Other intangible assets, net

15,028

14,933

3,863

4,094

853

780

Accounts payable and accrued expenses related to trade creditors

122,869

117,535

3,116

3,080

1,484

1,608

4,643

4,744

264

248

27,542

19,035

Redeemable noncontrolling interests

5,555

4,756

145

166

84,633

88,496

84,633

88,496

Noncontrolling interests

84,720

88,586

122,869

117,535

Service revenue

9,525

8,978

18,727

17,844

Operating (excluding depreciation and amortization)

9,525

8,978

18,727

17,844

3,827

3,581

7,559

7,173

2,029

1,959

4,004

3,888

1,404

1,399

2,776

2,772

Amortization

248

254

499

507

7,508

7,193

14,838

14,340

2,017

1,785

3,889

3,504

(34)

(38)

(70)

(69)

(2)

(26)

(59)

(58)

(95)

(62)

(24)

(29)

(81)

1,955

1,761

3,860

3,423

(756)

(574)

(1,498)

(1,191)

Net (income) loss attributable to noncontrolling interests

1,199

1,187

2,362

2,232

(2)

(15)

Net income (loss) attributable to Comcast Corporation

1,197

1,198

2,347

2,237

6,739

5,087

(812)

257

Cash paid for intangible assets

(2,062)

(2,259)

(237)

(241)

Acquisitions, net of cash acquired

(183)

(27)

Proceeds from sales of investments

Purchases of investments

(32)

(67)

Net cash provided by (used in) investing activities

(55)

(3,366)

(2,291)

Proceeds from borrowings

(25)

(24)

Net cash provided by (used in) financing activities

(18)

(8)

(16)

(2)

Increase (decrease) in cash and cash equivalents

3,357

2,794

Cash and cash equivalents, beginning of period

671

1,195

Cash and cash equivalents, end of period

4,028

3,989

4,028

3,989

Elimination and Consolidation Adjustments [Member]

Investments in and amounts due from subsidiaries eliminated upon consolidation

(278,213)

(277,530)

(795)

(279,008)

(277,530)

(652)

(143)

(278,213)

(277,530)

(278,213)

(277,530)

(278,213)

(277,530)

$ (279,008)

$ (277,530)

(434)

(470)

(977)

(935)

(434)

(470)

(977)

(935)

(434)

(470)

(977)

(935)

(434)

(470)

(977)

(935)

(4,098)

(4,344)

(8,146)

(8,052)

(4,098)

(4,344)

(8,146)

(8,052)

(4,098)

(4,344)

(8,146)

(8,052)