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Segment Information

We present our operations in six reportable business segments: (1) Comcast Cable in one reportable business segment, referred to as Cable Communications; (2) NBCUniversal in four reportable business segments: Cable Networks, Broadcast Television, Filmed Entertainment and Theme Parks (collectively, the “NBCUniversal segments”); and (3) Sky in one reportable business segment.

Our Cable Communications segment consists of the operations of Comcast Cable, which is one of the nation’s largest providers of high-speed internet, video, voice, wireless, and security and automation services (“cable services”) to residential customers under the Xfinity brand; we also provide these and other services to business customers and sell advertising.

Our Cable Networks segment consists primarily of our national cable networks that provide a variety of entertainment, news and information, and sports content, our regional sports and news networks, our international cable networks, our cable television studio production operations, and various digital properties.

Our Broadcast Television segment consists primarily of the NBC and Telemundo broadcast networks, our NBC and Telemundo owned local broadcast television stations, the NBC Universo national cable network, our broadcast television studio production operations, and various digital properties.

Our Filmed Entertainment segment consists primarily of the operations of Universal Pictures, which produces, acquires, markets and distributes filmed entertainment worldwide; our films are also produced under the Illumination, DreamWorks Animation and Focus Features names.

Our Theme Parks segment consists primarily of our Universal theme parks in Orlando, Florida; Hollywood, California; and Osaka, Japan. In addition, along with a consortium of Chinese state-owned companies, we are developing a Universal theme park and resort in Beijing, China.

Our Sky segment consists of the operations of Sky, one of Europe’s leading entertainment companies, which primarily includes a direct-to-consumer business, providing video, high-speed internet, voice and wireless phone services, and a content business, operating entertainment networks, the Sky News broadcast network and Sky Sports networks.

Our other business interests consist primarily of the operations of Comcast Spectacor, which owns the Philadelphia Flyers and the Wells Fargo Center arena in Philadelphia, Pennsylvania.

We use Adjusted EBITDA to evaluate the profitability of our operating segments and the components of net income attributable to Comcast Corporation excluded from Adjusted EBITDA are not separately evaluated. Beginning in the first quarter of 2019, Comcast Cable’s wireless phone service and certain other Cable-related business development initiatives are now presented in the Cable Communications segment. Results were previously presented in Corporate and Other. Prior periods have been adjusted to reflect this presentation.

To be consistent with our current management reporting presentation, certain 2018 operating results were reclassified related to certain NBCUniversal businesses now presented in the Sky segment. Our financial data by business segment is presented in the tables below.



	Three Months Ended June 30, 2019
(in millions)	Revenue			Adjusted EBITDA^(d)			Depreciation and Amortization		Capital Expenditures		Cash Paid for Intangible Assets
Cable Communications	$	14,450		$	5,854		$	2,036	$	1,594	$	303
NBCUniversal
Cable Networks	2,947			1,201			183		6		4
Broadcast Television	2,402			534			40		37		3
Filmed Entertainment	1,457			183			20		4		6
Theme Parks	1,464			590			170		378		17
Headquarters and Other^(a)	22			(182		)	114		48		35
Eliminations^(b)	(86		)	(2		)	—		—		—
NBCUniversal	8,206			2,324			527		473		65
Sky	4,828			772			673		177		152
Corporate and Other^(c)	56			(213		)	40		19		11
Eliminations^(b)	(682		)	(21		)	—		—		—
Comcast Consolidated	$	26,858		$	8,716		$	3,276	$	2,263	$	531



	Three Months Ended June 30, 2018
(in millions)	Revenue			Adjusted EBITDA^(d)			Depreciation and Amortization		Capital Expenditures		Cash Paid for Intangible Assets
Cable Communications	$	13,912		$	5,449		$	2,023	$	1,767	$	344
NBCUniversal
Cable Networks	2,874			1,176			179		8		5
Broadcast Television	2,391			417			40		32		3
Filmed Entertainment	1,710			138			63		8		8
Theme Parks	1,361			569			167		360		119
Headquarters and Other^(a)	15			(148		)	104		53		31
Eliminations^(b)	(78		)	(2		)	—		—		—
NBCUniversal	8,273			2,150			553		461		166
Corporate and Other^(c)	96			(192		)	27		22		1
Eliminations^(b)	(546		)	10			—		—		—
Comcast Consolidated	$	21,735		$	7,417		$	2,603	$	2,250	$	511



	Six Months Ended June 30, 2019
(in millions)	Revenue			Adjusted EBITDA^(d)			Depreciation and Amortization		Capital Expenditures		Cash Paid for Intangible Assets
Cable Communications	$	28,730		$	11,582		$	4,071	$	2,957	$	626
NBCUniversal
Cable Networks	5,815			2,463			365		12		6
Broadcast Television	4,869			921			79		50		6
Filmed Entertainment	3,225			547			39		8		11
Theme Parks	2,740			1,088			332		772		36
Headquarters and Other^(a)	39			(356		)	227		84		77
Eliminations^(b)	(169		)	(2		)	—		—		—
NBCUniversal	16,519			4,661			1,042		926		136
Sky	9,625			1,435			1,414		436		303
Corporate and Other^(c)	164			(400		)	69		36		13
Eliminations^(b)	(1,321		)	(9		)	—		—		—
Comcast Consolidated	$	53,717		$	17,269		$	6,596	$	4,355	$	1,078



	Six Months Ended June 30, 2018
(in millions)	Revenue			Adjusted EBITDA^(d)			Depreciation and Amortization		Capital Expenditures		Cash Paid for Intangible Assets
Cable Communications	$	27,615		$	10,666		$	4,084	$	3,458	$	631
NBCUniversal
Cable Networks^(e)	6,031			2,430			368		11		9
Broadcast Television^(e)	5,888			924			74		62		75
Filmed Entertainment	3,357			341			91		15		14
Theme Parks	2,642			1,064			322		542		135
Headquarters and Other^(a)	29			(336		)	208		100		63
Eliminations^(b)(e)	(177		)	(2		)	—		—		—
NBCUniversal	17,770			4,421			1,063		730		296
Corporate and Other^(c)	339			(377		)	55		35		3
Eliminations^(b)(e)	(1,198		)	(49		)	—		—		—
Comcast Consolidated	$	44,526		$	14,661		$	5,202	$	4,223	$	930


(a)	NBCUniversal Headquarters and Other activities include costs associated with overhead, allocations, personnel costs and headquarter initiatives.


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


•	our Cable Networks segment generates revenue by selling programming to our Cable Communications segment, which represents a substantial majority of the revenue elimination amount


•	our Broadcast Television segment generates revenue from the fees received under retransmission consent agreements with our Cable Communications segment


•	our Cable Communications segment generates revenue by selling advertising and by selling the use of satellite feeds to our Cable Networks segment


•	our Cable Networks and Broadcast Television segments generate revenue by selling advertising to our Cable Communications segment


•	our Filmed Entertainment and Broadcast Television segments generate revenue by licensing content to our Cable Networks segment; for segment reporting, this revenue is recognized as the programming rights asset for the licensed content is amortized based on third party revenue


•	our Filmed Entertainment, Cable Networks and Broadcast Television segments generate revenue by licensing content to our Sky segment


(c)	Corporate and Other activities include costs associated with overhead and personnel, revenue and expenses associated with operations of Comcast Spectacor, which owns the Philadelphia Flyers and the Wells Fargo Center arena in Philadelphia, Pennsylvania, as well as other business development initiatives.

(d)

We use Adjusted EBITDA as the measure of profit or loss for our operating segments. Adjusted EBITDA is defined as net income attributable to Comcast Corporation before net income (loss) attributable to noncontrolling interests and redeemable subsidiary preferred stock, income tax expense, investment and other income (loss), net, interest expense, depreciation and amortization expense, and other operating gains and losses (such as impairment charges related to fixed and intangible assets and gains or losses on the sale of long-lived assets), if any. From time to time, we may exclude from Adjusted EBITDA the impact of certain events, gains, losses or other charges (such as significant legal settlements) that affect the period-to-period comparability of our operating performance. Our reconciliation of the aggregate amount of Adjusted EBITDA for our reportable segments to consolidated income before income taxes is presented in the table below.



	Three Months Ended June 30						Six Months Ended June 30
(in millions)	2019			2018			2019			2018
Adjusted EBITDA	$	8,716		$	7,417		$	17,269		$	14,661
Adjustment for Sky transaction-related costs	(84		)	—			(135		)	—
Depreciation	(2,197		)	(2,021		)	(4,437		)	(4,032		)
Amortization	(1,079		)	(582		)	(2,159		)	(1,170		)
Other operating gains	—			200			—			200
Interest expense	(1,137		)	(806		)	(2,287		)	(1,583		)
Investment and other income (loss), net	(55		)	77			621			203
Income before income taxes	$	4,164		$	4,285		$	8,872		$	8,279

(e)

The revenue and operating costs and expenses associated with our broadcast of the 2018 PyeongChang Olympics were reported in our Cable Networks and Broadcast Television segments. The revenue and operating costs and expenses associated with our broadcast of the 2018 Super Bowl were reported in our Broadcast Television segment. Included in Eliminations are transactions relating to these events that our Broadcast Television and Cable Networks segments entered into with our other segments.

Segment Information

We present our operations in four reportable business segments:

We use Adjusted EBITDA to evaluate the profitability of our operating segments and the components of net income attributable to NBCUniversal excluded from Adjusted EBITDA are not separately evaluated. To be consistent with our current management reporting presentation, 2018 operating results were reclassified related to certain NBCUniversal businesses now presented in Headquarters and Other. Our financial data by business segment is presented in the tables below.



	Three Months Ended June 30, 2019
(in millions)	Revenue			Adjusted EBITDA^(c)			Depreciation and Amortization		Capital Expenditures		Cash Paid for Intangible Assets
Cable Networks	$	2,947		$	1,201		$	183	$	6	$	4
Broadcast Television	2,402			534			40		37		3
Filmed Entertainment	1,457			183			20		4		6
Theme Parks	1,464			590			170		378		17
Headquarters and Other^(a)	45			(195		)	114		48		35
Eliminations^(b)	(88		)	(2		)	—		—		—
Total	$	8,227		$	2,311		$	527	$	473	$	65



	Three Months Ended June 30, 2018
(in millions)	Revenue			Adjusted EBITDA^(c)			Depreciation and Amortization		Capital Expenditures		Cash Paid for Intangible Assets
Cable Networks	$	2,874		$	1,176		$	179	$	8	$	5
Broadcast Television	2,391			417			40		32		3
Filmed Entertainment	1,710			138			63		8		8
Theme Parks	1,361			569			167		360		119
Headquarters and Other^(a)	57			(138		)	104		53		31
Eliminations^(b)	(80		)	(2		)	—		—		—
Total	$	8,313		$	2,160		$	553	$	461	$	166



	Six Months Ended June 30, 2019
(in millions)	Revenue			Adjusted EBITDA^(c)			Depreciation and Amortization		Capital Expenditures		Cash Paid for Intangible Assets
Cable Networks	$	5,815		$	2,463		$	365	$	12	$	6
Broadcast Television	4,869			921			79		50		6
Filmed Entertainment	3,225			547			39		8		11
Theme Parks	2,740			1,088			332		772		36
Headquarters and Other^(a)	96			(359		)	227		84		77
Eliminations^(b)	(173		)	(2		)	—		—		—
Total	$	16,572		$	4,658		$	1,042	$	926	$	136



	Six Months Ended June 30, 2018
(in millions)	Revenue			Adjusted EBITDA^(c)			Depreciation and Amortization		Capital Expenditures		Cash Paid for Intangible Assets
Cable Networks^(d)	$	6,031		$	2,430		$	368	$	11	$	9
Broadcast Television^(d)	5,888			924			74		62		75
Filmed Entertainment	3,357			341			91		15		14
Theme Parks	2,642			1,064			322		542		135
Headquarters and Other^(a)	108			(312		)	208		100		63
Eliminations^(b)(d)	(183		)	(2		)	—		—		—
Total	$	17,843		$	4,445		$	1,063	$	730	$	296


(a)	Headquarters and Other activities include costs associated with overhead, allocations, personnel costs and headquarter initiatives.

(b)

Included in Eliminations are transactions that our segments enter into with one another, which consisted primarily of the licensing of film and television content from our Filmed Entertainment and Broadcast Television segments to our Cable Networks segment; for segment reporting, this revenue is recognized as the programming rights asset for the licensed content is amortized based on third party revenue.

(c)

We use Adjusted EBITDA as the measure of profit or loss for our operating segments. Adjusted EBITDA is defined as net income attributable to NBCUniversal before net income (loss) attributable to noncontrolling interests, income tax expense, investment and other income (loss), net, interest expense, depreciation and amortization expense, and other operating gains and losses (such as impairment charges related to fixed and intangible assets and gains or losses on the sale of long-lived assets), if any. From time to time, we may exclude from Adjusted EBITDA the impact of certain events, gains, losses or other charges (such as significant legal settlements) that affect the period-to-period comparability of our operating performance. Our reconciliation of the aggregate amount of Adjusted EBITDA for our reportable segments to consolidated income before income taxes is presented in the table below.



	Three Months Ended June 30						Six Months Ended June 30
(in millions)	2019			2018			2019			2018
Adjusted EBITDA	$	2,311		$	2,160		$	4,658		$	4,445
Depreciation	(253		)	(258		)	(496		)	(500		)
Amortization	(274		)	(295		)	(546		)	(563		)
Interest expense	(122		)	(133		)	(253		)	(260		)
Investment and other income (loss), net	40			(168		)	280			(172		)
Income before income taxes	$	1,702		$	1,306		$	3,643		$	2,950

(d)

Revenue

6 Months Ended

Jun. 30, 2019

Revenue



	Three Months Ended June 30						Six Months Ended June 30
(in millions)	2019			2018			2019			2018
Residential:
High-speed internet	$	4,663		$	4,262		$	9,240		$	8,419
Video	5,594			5,628			11,222			11,287
Voice	982			994			1,972			2,000
Wireless	244			202			469			387
Business services	1,933			1,761			3,824			3,487
Advertising	607			666			1,163			1,248
Other	427			399			840			787
Total Cable Communications^(a)(b)	14,450			13,912			28,730			27,615

Distribution	1,707			1,650			3,442			3,511
Advertising	931			929			1,783			1,906
Content licensing and other	309			295			590			614
Total Cable Networks	2,947			2,874			5,815			6,031

Advertising	1,329			1,387			2,646			3,752
Content licensing	472			481			1,032			1,003
Distribution and other	601			523			1,191			1,133
Total Broadcast Television	2,402			2,391			4,869			5,888

Theatrical	252			540			697			963
Content licensing	712			648			1,529			1,381
Home entertainment	229			225			496			473
Other	264			297			503			540
Total Filmed Entertainment	1,457			1,710			3,225			3,357

Total Theme Parks	1,464			1,361			2,740			2,642
Headquarters and Other	22			15			39			29
Eliminations^(c)	(86		)	(78		)	(169		)	(177		)
Total NBCUniversal	8,206			8,273			16,519			17,770

Direct-to-consumer	3,889			—			7,723			—
Content	376			—			746			—
Advertising	563			—			1,156			—
Total Sky	4,828			—			9,625			—

Corporate and Other^(b)	56			96			164			339
Eliminations^(c)	(682		)	(546		)	(1,321		)	(1,198		)
Total revenue	$	26,858		$	21,735		$	53,717		$	44,526


(a)	For both the three and six months ended June 30, 2019, 2.5% of Cable Communications segment revenue was derived from franchise and other regulatory fees. For both the three and six months ended June 30, 2018, 2.7% of Cable Communications segment revenue was derived from franchise and other regulatory fees.


(b)	Comcast Cable’s wireless phone service is now presented in the Cable Communications segment. Results were previously presented in Corporate and Other. We recognize revenue from our wireless phone service as the services are provided, similar to how we recognize revenue for other residential cable services. We recognize revenue from the sale of handsets at the point of sale.


(c)	Included in Eliminations are transactions that our segments enter into with one another. See Note 2 for a description of these transactions.

We operate primarily in the United States but also in select international markets. The table below summarizes revenue by geographic location.



	Three Months Ended June 30				Six Months Ended June 30
(in millions)	2019		2018		2019		2018
United States	$	20,539	$	19,931	$	40,996	$	40,816
Europe	5,297		699		10,667		1,520
Other	1,022		1,105		2,054		2,190
Total revenue	$	26,858	$	21,735	$	53,717	$	44,526

No single customer accounted for a significant amount of revenue in any period presented.

Condensed Consolidated Balance Sheet

The following tables summarize our accounts receivable and other balances that are not separately presented in our condensed consolidated balance sheet that relate to the recognition of revenue and collection of the related cash, as well as deferred costs associated with our contracts with customers.



(in millions)	June 30, 2019		December 31, 2018
Receivables, gross	$	11,381	$	11,456
Less: Allowance for doubtful accounts	546		352
Receivables, net	$	10,835	$	11,104



(in millions)	June 30, 2019		December 31, 2018
Noncurrent receivables, net (included in other noncurrent assets, net)	$	1,306	$	1,399
Contract acquisition and fulfillment costs (included in other noncurrent assets, net)	$	1,037	$	991
Noncurrent deferred revenue (included in other noncurrent liabilities)	$	888	$	650

Revenue



	Three Months Ended June 30						Six Months Ended June 30
(in millions)	2019			2018			2019			2018
Distribution	$	1,707		$	1,650		$	3,442		$	3,511
Advertising	931			929			1,783			1,906
Content licensing and other	309			295			590			614
Total Cable Networks	2,947			2,874			5,815			6,031

Advertising	1,329			1,387			2,646			3,752
Content licensing	472			481			1,032			1,003
Distribution and other	601			523			1,191			1,133
Total Broadcast Television	2,402			2,391			4,869			5,888

Theatrical	252			540			697			963
Content licensing	712			648			1,529			1,381
Home entertainment	229			225			496			473
Other	264			297			503			540
Total Filmed Entertainment	1,457			1,710			3,225			3,357

Total Theme Parks	1,464			1,361			2,740			2,642
Headquarters and Other	45			57			96			108
Eliminations^(a)	(88		)	(80		)	(173		)	(183		)
Total revenue	$	8,227		$	8,313		$	16,572		$	17,843


(a)	Included in Eliminations are transactions that our segments enter into with one another. See Note 2 for a description of these transactions.

We operate primarily in the United States, but also in select international markets primarily in Europe and Asia. The table below summarizes revenue by geographic location.



	Three Months Ended June 30				Six Months Ended June 30
(in millions)	2019		2018		2019		2018
United States	$	6,669	$	6,533	$	13,292	$	14,187
Foreign	1,558		1,780		3,280		3,656
Total revenue	$	8,227	$	8,313	$	16,572	$	17,843

No single customer accounted for a significant amount of revenue in any period presented.

Condensed Consolidated Balance Sheet



(in millions)	June 30, 2019		December 31, 2018
Receivables, gross	$	7,304	$	7,392
Less: Allowance for doubtful accounts	110		99
Receivables, net	$	7,194	$	7,293



(in millions)	June 30, 2019		December 31, 2018
Noncurrent receivables, net (included in other noncurrent assets, net)	$	1,181	$	1,180
Noncurrent deferred revenue (included in other noncurrent liabilities)	$	657	$	481

Earnings Per Share

6 Months Ended

Jun. 30, 2019

Earnings Per Share [Abstract]

Earnings Per Share

Computation of Diluted EPS



	Three Months Ended June 30
	2019					2018
(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	$	3,125	4,547	$	0.69	$	3,216	4,598	$	0.70
Effect of dilutive securities:
Assumed exercise or issuance of shares relating to stock plans			60					45
Diluted EPS attributable to Comcast Corporation shareholders	$	3,125	4,607	$	0.68	$	3,216	4,643	$	0.69



	Six Months Ended June 30
	2019					2018
(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	$	6,678	4,540	$	1.47	$	6,334	4,616	$	1.37
Effect of dilutive securities:
Assumed exercise or issuance of shares relating to stock plans			60					58
Diluted EPS attributable to Comcast Corporation shareholders	$	6,678	4,600	$	1.45	$	6,334	4,674	$	1.36

Diluted earnings per common share attributable to Comcast Corporation shareholders (“diluted EPS”) considers the impact of potentially dilutive securities using the treasury stock method. Our potentially dilutive securities include potential common shares related to our stock options and our restricted share units (“RSUs”). Diluted EPS excludes the impact of potential common shares related to our stock options in periods in which the combination of the option exercise price and the associated unrecognized compensation expense is greater than the average market price of our common stock. The amount of potential common shares related to our share-based compensation plans that were excluded from diluted EPS because their effect would have been antidilutive was not material for the three and six months ended June 30, 2019 or 2018.

Long-Term Debt	6 Months Ended
Long-Term Debt	Jun. 30, 2019
Debt Instrument [Line Items]
Long-Term Debt	Long-Term Debt As of June 30, 2019, our debt had a carrying value of $107.6 billion and an estimated fair value of $118.5 billion. The estimated fair value of our publicly traded debt was primarily based on Level 1 inputs that use quoted market values for the debt. The estimated fair value of debt for which there are no quoted market prices was based on Level 2 inputs that use interest rates available to us for debt with similar terms and remaining maturities. Debt Borrowings and Repayments For the six months ended June 30, 2019, we had borrowings of $363 million related to the Universal Beijing Resort term loans. For the six months ended June 30, 2019, we made repayments of $4.2 billion primarily related to our dollar-denominated term loan due 2022, NBCUniversal Enterprise senior notes due 2019 and our British pound-denominated term loan due 2023. Revolving Credit Facilities For the six months ended June 30, 2019, we made net repayments of $615 million under Sky’s £1 billion revolving credit facility due 2021, which was terminated in February 2019. In June 2019, we amended the terms of our Comcast and NBCUniversal Enterprise revolving credit facilities to extend both facilities’ expiration dates from May 26, 2021 to May 26, 2022. As of June 30, 2019, there were no amounts outstanding under our revolving credit facilities. Amounts available under our revolving credit facilities, net of amounts outstanding under our commercial paper programs and outstanding letters of credit and bank guarantees, totaled $8.7 billion. Commercial Paper Programs For the six months ended June 30, 2019, we made net repayments of $186 million under our commercial paper programs. As of June 30, 2019, Comcast had $488 million face amount of commercial paper outstanding. As of June 30, 2019, NBCUniversal Enterprise had no commercial paper outstanding. Guarantee Structure Comcast, Comcast Cable and NBCUniversal have fully and unconditionally guaranteed each other’s debt securities, including the Comcast revolving credit facility. As of June 30, 2019, the principal amount of debt securities outstanding within the cross-guarantee structure totaled $92.1 billion. Comcast and Comcast Cable fully and unconditionally guarantee NBCUniversal Enterprise’s debt securities, including its revolving credit facility. As of June 30, 2019, the principal amount of debt securities guaranteed by Comcast and Comcast Cable totaled $1.5 billion. NBCUniversal does not guarantee the NBCUniversal Enterprise senior notes, revolving credit facility or commercial paper program. Comcast provides an unconditional guarantee of the Universal Studios Japan yen-denominated ¥382 billion (approximately $3.5 billion using exchange rates as of June 30, 2019) term loans with a final maturity of March 2022. None of Comcast, Comcast Cable nor NBCUniversal guarantee the ¥6.4 billion RMB (approximately $936 million using exchange rates as of June 30, 2019) principal amount of Universal Beijing Resort term loans outstanding. In May 2019, Comcast provided a full and unconditional guarantee of Sky’s debt (approximately $10.0 billion using exchange rates as of June 30, 2019) in connection with Sky’s noteholders consenting to (i) the transfer of the listing of three series of notes from the Main Market of the London Stock Exchange to the Professional Securities Market of the London Stock Exchange and (ii) amending certain terms of the Sky notes.
NBCUniversal Media LLC [Member]
Debt Instrument [Line Items]
Long-Term Debt	Long-Term Debt As of June 30, 2019, our debt, excluding our revolving credit agreement with Comcast, had a carrying value of $13.4 billion and an estimated fair value of $14.2 billion. The estimated fair value of our publicly traded debt was primarily based on Level 1 inputs that use quoted market values for the debt. The estimated fair value of debt for which there are no quoted market prices was based on Level 2 inputs that use interest rates available to us for debt with similar terms and remaining maturities. Debt Borrowings and Repayments For the six months ended June 30, 2019, Universal Beijing Resort borrowed $363 million under its debt financing agreement to fund the construction of a Universal theme park and resort in Beijing, China (see Note 5). For the six months ended June 30, 2019, we repaid $73 million of Universal Studios Japan term loans maturing 2022. Guarantee Structure We, Comcast and a 100% owned cable holding company subsidiary of Comcast (“CCCL Parent”) have fully and unconditionally guaranteed each other’s debt securities, including the $7.6 billion Comcast revolving credit facility due 2022. As of June 30, 2019, $84.4 billion principal amount of outstanding debt securities of Comcast and CCCL Parent were subject to the cross-guarantee structure. We do not, however, guarantee the obligations of NBCUniversal Enterprise with respect to its $1.5 billion outstanding debt securities, including its revolving credit facility, nor its $725 million liquidation preference of Series A cumulative preferred stock. The Universal Studios Japan term loans are not subject to the cross-guarantee structure, however they have a separate guarantee from Comcast. The Universal Beijing Resort term loans are not guaranteed.

Significant Transactions

6 Months Ended

Jun. 30, 2019

Business Acquisition [Line Items]

Significant Transactions

Sky Transaction

On October 9, 2018, in connection with our offer to acquire the share capital of Sky, we acquired a controlling interest in Sky through a series of purchases of Sky shares at our offer price of £17.28 per share. In the fourth quarter of 2018, we acquired the remaining Sky shares and now own 100% of Sky’s equity interests. Total cash consideration was £30.2 billion (approximately $39.4 billion using the exchange rates on the purchase dates). We financed the acquisition through a combination of new fixed and floating rate notes, issuance of term loans and cash on hand. Sky is one of Europe’s leading entertainment companies, which primarily includes a direct-to-consumer business, providing video, high-speed internet, voice and wireless phone services, and a content business, operating entertainment networks, the Sky News broadcast network and Sky Sports networks.

Allocation of Purchase Price

We have applied acquisition accounting to Sky. Sky’s results of operations are included in our consolidated results of operations since the acquisition date and are reported in our Sky segment. The net assets of Sky were recorded at their estimated fair value using primarily Level 3 inputs. In valuing acquired assets and liabilities, fair value estimates are based on, but are not limited to, future expected cash flows, market rate assumptions for contractual obligations and appropriate discount rates.

During the first quarter of 2019, we revised our estimates of fair value, primarily related to intangible assets, property and equipment, and investments (included below in other noncurrent assets and (liabilities), net), and recorded corresponding updates to deferred taxes. We also recorded an additional valuation allowance of approximately $1.2 billion associated with our assessment of the realization of Sky’s deferred tax assets, primarily related to net operating losses. These changes resulted in an increase in goodwill of approximately $1.4 billion and an adjustment in the first quarter of 2019 related to the fourth quarter of 2018 that resulted in an increase to depreciation and amortization expense of $53 million.

The table below presents the allocation of the all-cash purchase price of £30.2 billion, or $39.4 billion, to the assets and liabilities of Sky as a result of the transaction.



Allocation of Purchase Price
(in millions)
Consideration transferred	$	39,387

Allocation of purchase price
Cash	$	1,283
Accounts receivable and other current assets	2,359
Film and television costs	2,512
Property and equipment	4,127
Intangible assets	19,539
Accounts payable, accrued liabilities and other current liabilities	(5,885		)
Long-term debt	(11,468		)
Deferred tax assets (liabilities), net	(2,974		)
Other noncurrent assets and (liabilities), net	(1,398		)
Fair value of identifiable net assets acquired	8,095
Goodwill	$	31,292

Property and Equipment

Property and equipment includes customer premise equipment with a carrying value of $1.4 billion, which have original estimated useful lives of 5 to 7 years. The remaining property and equipment consists of real estate and improvements, network assets and other equipment.

Intangible Assets

Finite-lived intangible assets primarily consist of customer relationships with a carrying amount of $9.5 billion and developed technology and software with a carrying amount of $4.3 billion, with original estimated useful lives between 6 and 19 years and 4 and 9 years, respectively. Indefinite-lived assets consist of trade names with a carrying amount of $5.8 billion.

Goodwill

Goodwill consists primarily of intangible assets that do not qualify for separate recognition, including increased footprint, assembled workforce, noncontractual relationships and agreements. The acquired goodwill is not expected to be deductible for tax purposes.

Acquisition-Related Costs

As a result of the Sky transaction, we incurred incremental expenses in 2018 related to legal, accounting, valuation and other professional services, which are reflected in other operating and administrative expenses. We also incurred certain financing costs associated with our borrowings, which are reflected in interest expense. The table below presents the amounts related to these expenses included in our condensed consolidated statement of income.

Unaudited Pro Forma Information

The following unaudited pro forma information has been presented as if the Sky transaction occurred on January 1, 2017. This information is based on historical results of operations, adjusted for allocation of purchase price and other acquisition accounting adjustments, and is not necessarily indicative of what the results would have been had we operated the business since January 1, 2017. For pro forma purposes, 2018 earnings were adjusted to exclude the acquisition-related costs. No pro forma adjustments have been made for cost savings or synergies that have been or may be achieved by the combined businesses.



(in millions, except per share data)	Three Months Ended June 30, 2018		Six Months Ended June 30, 2018
Revenue	$	26,653	$	54,415
Net income attributable to Comcast Corporation	$	2,957	$	5,940
Basic earnings per common share attributable to Comcast Corporation shareholders	$	0.65	$	1.29
Diluted earnings per common share attributable to Comcast Corporation shareholders	$	0.64	$	1.27

Universal Beijing Resort

We entered into an agreement with a consortium of Chinese state-owned companies to build and operate a Universal theme park and resort in Beijing, China (“Universal Beijing Resort”). We own a 30% interest in Universal Beijing Resort and the construction is being funded through a combination of debt financing and equity contributions from the investors in accordance with their equity interests. The debt financing, which is being provided by a syndicate of Chinese financial institutions, contains certain financial and operating covenants and a maximum borrowing limit of ¥26.6 billion RMB (approximately $4 billion). The debt financing is secured by the assets of Universal Beijing Resort and the equity interests of the investors. As of June 30, 2019, Universal Beijing Resort had $936 million principal amount of term loans outstanding under the debt financing agreements.

We have concluded that Universal Beijing Resort is a variable interest entity based on its governance structure, and we consolidate it because we have the power to direct activities that most significantly impact its economic performance. There are no liquidity arrangements, guarantees or other financial commitments between us and Universal Beijing Resort, and therefore our maximum risk of financial loss is our 30% interest. Universal Beijing Resort’s results of operations are reported in our Theme Parks segment. Our condensed consolidated statement of cash flows includes the costs of construction and related borrowings in the “construction of Universal Beijing Resort” and “proceeds from borrowings” captions, respectively, and equity contributions from our investing partner are included in other financing activities.

In March 2018, Universal Beijing Resort received initial equity investments through a combination of cash and noncash contributions from the investors. As of June 30, 2019, our condensed consolidated balance sheet included assets, primarily property and equipment, and liabilities, including the term loans, of Universal Beijing Resort totaling $2.1 billion and $1.5 billion, respectively.

Business Acquisition [Line Items]

Significant Transactions

Universal Beijing Resort

Recent Accounting Pronouncements	6 Months Ended
Recent Accounting Pronouncements	Jun. 30, 2019
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Recent Accounting Pronouncements	Recent Accounting Pronouncements Leases In February 2016, the Financial Accounting Standards Board (“FASB”) updated the accounting guidance related to leases. The most significant change in the updated accounting guidance requires lessees to recognize lease assets and liabilities on the balance sheet for all operating leases with the exception of short-term leases. The standard also expands the disclosures regarding the amount, timing and uncertainty of cash flows arising from leases. For a lessee, the recognition, measurement and presentation of expenses and cash flows arising from a lease did not significantly change from previous guidance. We adopted the updated guidance on January 1, 2019 on a prospective basis and as a result, prior period amounts were not adjusted to reflect the impacts of the updated guidance. In addition, as permitted under the transition guidance within the new standard, prior scoping and classification conclusions were carried forward for leases existing as of the adoption date. Upon adoption, we recorded $4.2 billion and $4.8 billion for operating lease assets and liabilities, respectively, which includes the impact of fair value adjustments, prepaid and deferred rent and lease incentives. The adoption of the updated accounting guidance did not significantly impact our recognition of finance leases, which were previously described as capital leases. As of the date of adoption, our liabilities for finance leases were $787 million, including $229 million of additional contracts determined to be leases in connection with the Sky transaction, which were recorded in long-term debt, and the related assets were recorded in property and equipment, net. Our finance leases were not considered material for further disclosure. The adoption of the new accounting guidance did not have a material impact on our consolidated results of operations or cash flows. See Note 11 for further information. Film and Television Costs In March 2019, the FASB updated the accounting guidance related to film and television costs. The updated guidance aligns the accounting for production costs of episodic television series with those of films, allowing for costs to be capitalized in excess of amounts of revenue contracted for each episode. The updated guidance also updates certain presentation and disclosure requirements for capitalized film and television costs, and requires impairment testing to be performed at a group level for capitalized film and television costs when the content is predominantly monetized with other owned or licensed content. The updated guidance is effective for us as of January 1, 2020 and early adoption is permitted. We are currently in the process of determining the impact that the updated accounting guidance will have on our consolidated financial statements, however we do not expect there to be a material impact on our consolidated results of operations or cash flows.
NBCUniversal Media LLC [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Recent Accounting Pronouncements	Recent Accounting Pronouncements Leases In February 2016, the Financial Accounting Standards Board (“FASB”) updated the accounting guidance related to leases. The most significant change in the updated accounting guidance requires lessees to recognize lease assets and liabilities on the balance sheet for all operating leases with the exception of short-term leases. The standard also expands the disclosures regarding the amount, timing and uncertainty of cash flows arising from leases. For a lessee, the recognition, measurement and presentation of expenses and cash flows arising from a lease did not significantly change from previous guidance. We adopted the updated guidance on January 1, 2019 on a prospective basis and as a result, prior period amounts were not adjusted to reflect the impacts of the updated guidance. In addition, as permitted under the transition guidance within the new standard, prior scoping and classification conclusions were carried forward for leases existing as of the adoption date. Upon adoption, we recorded approximately $1.7 billion and $1.8 billion of operating lease assets and liabilities, respectively, which includes the impact of fair value adjustments, prepaid rent and lease incentives. The adoption of the updated accounting guidance did not impact our recognition of finance leases, which were previously described as capital leases. As of the date of adoption, our liabilities for finance leases were $332 million, which were recorded in long-term debt, and the related assets were recorded in property and equipment, net. Our finance leases were not considered material for further disclosure. The adoption of the new accounting guidance did not have a material impact on our consolidated results of operations or cash flows. See Note 9 for further information. Film and Television Costs In March 2019, the FASB updated the accounting guidance related to film and television costs. The updated guidance aligns the accounting for production costs of episodic television series with those of films, allowing for costs to be capitalized in excess of amounts of revenue contracted for each episode. The updated guidance also updates certain presentation and disclosure requirements for capitalized film and television costs, and requires impairment testing to be performed at a group level for capitalized film and television costs when the content is predominantly monetized with other owned or licensed content. The updated guidance is effective for us as of January 1, 2020 and early adoption is permitted. We are currently in the process of determining the impact that the updated accounting guidance will have on our consolidated financial statements, however we do not expect there to be a material impact on our consolidated results of operations or cash flows.

Film and Television Costs

6 Months Ended

Jun. 30, 2019

Film And Television Costs

Film and Television Costs



(in millions)	June 30, 2019		December 31, 2018
Film Costs:
Released, less amortization	$	1,577	$	1,600
Completed, not released	86		144
In production and in development	1,376		1,063
	3,039		2,807
Television Costs:
Released, less amortization	2,278		2,289
In production and in development	1,014		953
	3,292		3,242
Programming rights, less amortization	4,169		5,534
	10,500		11,583
Less: Current portion of programming rights	1,947		3,746
Film and television costs	$	8,553	$	7,837

Film And Television Costs

Film and Television Costs



(in millions)	June 30, 2019		December 31, 2018
Film Costs:
Released, less amortization	$	1,558	$	1,600
Completed, not released	86		144
In production and in development	1,376		1,063
	3,020		2,807
Television Costs:
Released, less amortization	2,165		2,161
In production and in development	1,014		953
	3,179		3,114
Programming rights, less amortization	2,553		2,694
	8,752		8,615
Less: Current portion of programming rights	1,156		1,323
Film and television costs	$	7,596	$	7,292

Investments

6 Months Ended

Jun. 30, 2019

Investments

Investment and Other Income (Loss), Net



	Three Months Ended June 30						Six Months Ended June 30
(in millions)	2019			2018			2019		2018
Equity in net income (losses) of investees, net	$	(202	)	$	69		$	60	$	20
Realized and unrealized gains (losses) on equity securities, net	194			(40		)	408		(12		)
Other income (loss), net	(47		)	48			153		195
Investment and other income (loss), net	$	(55	)	$	77		$	621	$	203



(in millions)	June 30, 2019		December 31, 2018
Equity method	$	5,719	$	4,035
Marketable equity securities	577		341
Nonmarketable equity securities	2,057		1,805
Other investments	1,803		1,796
Total investments	10,156		7,977
Less: Current investments	1,718		94
Noncurrent investments	$	8,438	$	7,883

Equity Method

Atairos

Atairos follows investment company accounting and records its investments at their fair values each reporting period with the net gains or losses reflected in its statement of operations. We recognize our share of these gains and losses in equity in net income (losses) of investees, net. For the three and six months ended June 30, 2019, we recognized losses of $106 million and income of $268 million, respectively. For the three and six months ended June 30, 2018, we recognized income of $151 million and $186 million, respectively. For the six months ended June 30, 2019 and 2018, we made cash capital contributions totaling $463 million and $112 million, respectively. As of June 30, 2019 and December 31, 2018, our investment was $3.4 billion and $2.7 billion, respectively.

In April 2018, we sold a controlling interest in our arena management-related businesses to Atairos and received as consideration additional equity interests in Atairos. We account for our retained ownership in the businesses as an equity method investment. In connection with the sale of the businesses, we recognized a pretax gain of $200 million in other operating gains in the second quarter of 2018.

Hulu

In May 2019, we entered into a series of agreements (the “Hulu Transaction”) with The Walt Disney Company (“Disney”), whereby we relinquished our board seats and substantially all voting rights associated with our investment in Hulu, LLC ("Hulu"), and Disney assumed full operational control. We also acquired our proportionate share of the approximate 10% interest in Hulu previously held by AT&T Inc. (“AT&T”) for approximately $477 million, increasing our ownership interest to approximately 33% from approximately 30%.

Following the Hulu Transaction, future capital calls are limited to $1.5 billion in the aggregate each year, with any excess funding requirements funded with member loans. We have the right, but not the obligation, to fund our proportionate share of these capital calls, and if we elect not to fund our share of future equity capital calls, our ownership interest will be diluted, subject to an ownership floor of 21%. The Hulu Transaction agreements include put and call provisions regarding our ownership interest in Hulu, pursuant to which, as early as January 2024, we can require Disney to buy, and Disney can require us to sell our interest, in either case, for fair value at that future time subject to a minimum equity value of $27.5 billion for 100% of the equity of Hulu. The minimum total equity value and ownership floor guarantee minimum proceeds of approximately $5.8 billion upon exercise of the put or call.

In connection with the Hulu Transaction, we agreed to extend certain Hulu licenses of NBCUniversal content until late 2024. We can terminate most of our content license agreements with Hulu in three years’ time, and in one year’s time we have the right to exhibit certain content that we currently license exclusively to Hulu on our platforms in return for reducing the license fee payable by Hulu.

We account for our investment using the equity method. For the three and six months ended June 30, 2019, we recognized losses of $109 million and $250 million, respectively, in equity in net income (losses) of investees, net. For the three and six months ended June 30, 2018, we recognized losses of $107 million and $238 million, respectively. For the six months ended June 30, 2019 and 2018, we made cash capital contributions totaling $903 million, inclusive of the funding for the acquisition of the AT&T interest, and $227 million, respectively. As of June 30, 2019 and December 31, 2018, our investment was $857 million and $248 million, respectively.

In August 2016, Time Warner Inc., which was acquired by AT&T in 2018, acquired a 10% interest in Hulu, diluting our interest at that time from approximately 33% to approximately 30%. Given the contingent nature of the put and call options related to that interest, we recorded a deferred gain as a result of the dilution. In the first quarter of 2019, the put and call options expired unexercised and we recognized the previously deferred gain of $159 million in other income (loss), net.

The Weather Channel

In March 2018, we sold our investment in The Weather Channel cable network and recognized a pretax gain of $64 million in other income (loss), net.

Marketable Equity Securities

Snap

For the three and six months ended June 30, 2019, we recognized unrealized gains of $96 million and $258 million, respectively, in realized and unrealized gains (losses) on equity securities, net related to our investment in Snap. For the three and six months ended June 30, 2018, we recognized unrealized losses of $82 million and $45 million, respectively, related to our investment in Snap. As of June 30, 2019 and December 31, 2018, our investment in Snap was $420 million and $162 million, respectively.

Other Investments

AirTouch

We hold two series of preferred stock of Verizon Americas, Inc., formerly known as AirTouch Communications, Inc. (“AirTouch”), a subsidiary of Verizon Communications Inc., which are redeemable in April 2020. As of both June 30, 2019 and December 31, 2018, our investment in AirTouch was $1.6 billion. We account for our investment in AirTouch as a held to maturity investment using the cost method. As of June 30, 2019, the estimated fair value of the AirTouch preferred stock and the estimated fair value of the associated liability related to the redeemable subsidiary preferred shares issued by one of our consolidated subsidiaries were each $1.7 billion. The estimated fair values are based on Level 2 inputs that use pricing models whose inputs are derived primarily from or corroborated by observable market data through correlation or other means for substantially the full term of the financial instrument.

Supplemental Financial Information [Line Items]

Investments

Investment and Other Income (Loss), Net



	Three Months Ended June 30						Six Months Ended June 30
(in millions)	2019			2018			2019			2018
Equity in net income (losses) of investees, net	$	(91	)	$	(87	)	$	(211	)	$	(187	)
Realized and unrealized gains (losses) on equity securities, net	97			(74		)	258			(37		)
Other income (loss), net	34			(7		)	233			52
Investment and other income (loss), net	$	40		$	(168	)	$	280		$	(172	)



(in millions)	June 30, 2019		December 31, 2018
Equity method	$	1,342	$	707
Marketable equity securities	420		162
Nonmarketable equity securities	916		811
Total investments	$	2,678	$	1,680

Equity Method

Hulu

The Weather Channel

In March 2018, we sold our investment in The Weather Channel cable network and recognized a pretax gain of $64 million in other income (loss), net.

Marketable Equity Securities

Snap

Supplemental Financial Information

6 Months Ended

Jun. 30, 2019

Supplemental Financial Information

Share-Based Compensation

Our share-based compensation plans consist primarily of awards of RSUs and stock options to certain employees and directors as part of our approach to long-term incentive compensation. Additionally, through our employee stock purchase plans, employees are able to purchase shares of our common stock at a discount through payroll deductions.

In March 2019, we granted 12.4 million RSUs and 41.9 million stock options related to our annual management awards. The weighted-average fair values associated with these grants were $39.88 per RSU and $7.91 per stock option.

Recognized Share-Based Compensation Expense



	Three Months Ended June 30				Six Months Ended June 30
(in millions)	2019		2018		2019		2018
Restricted share units	$	167	$	102	$	294	$	185
Stock options	72		61		119		105
Employee stock purchase plans	6		5		15		17
Total	$	245	$	168	$	428	$	307

As of June 30, 2019, we had unrecognized pretax compensation expense of $1.4 billion and $594 million related to nonvested RSUs and nonvested stock options, respectively.

Cash Payments for Interest and Income Taxes



	Six Months Ended June 30
(in millions)	2019		2018
Interest	$	2,111	$	1,354
Income taxes	$	1,634	$	623

Noncash Activities

During the six months ended June 30, 2019:


•	we acquired $1.6 billion of property and equipment and intangible assets that were accrued but unpaid


•	we recorded a liability of $955 million for a quarterly cash dividend of $0.21 per common share to be paid in July 2019

Cash, Cash Equivalents and Restricted Cash

The following table provides a reconciliation of cash, cash equivalents and restricted cash reported in the condensed consolidated balance sheet to the total of the amounts reported in our condensed consolidated statement of cash flows.



(in millions)	June 30, 2019		December 31, 2018
Cash and cash equivalents	$	3,919	$	3,814
Restricted cash included in other current assets	79		46
Restricted cash included in other noncurrent assets, net	21		49
Cash, cash equivalents and restricted cash, end of period	$	4,019	$	3,909

Accumulated Other Comprehensive Income (Loss)



(in millions)	June 30, 2019			June 30, 2018
Unrealized gains (losses) on marketable securities	$	5		$	—
Deferred gains (losses) on cash flow hedges	132			26
Unrecognized gains (losses) on employee benefit obligations	309			302
Cumulative translation adjustments	(508		)	133
Accumulated other comprehensive income (loss), net of deferred taxes	$	(62	)	$	461

Supplemental Financial Information [Line Items]

Supplemental Financial Information

Leases

Our leases consist primarily of real estate and equipment. We determine if an arrangement is a lease at inception. Lease assets and liabilities are recognized upon commencement of the lease based on the present value of the future minimum lease payments over the lease term. The lease term includes options to extend the lease when it is reasonably certain that we will exercise that option. We generally utilize our incremental borrowing rate based on information available at the commencement of the lease in determining the present value of future payments. The lease asset also includes any lease payments made and initial direct costs incurred and excludes lease incentives. Lease assets and liabilities are not recorded for leases with an initial term of one year or less. Lease expense for operating leases recorded in the balance sheet is included in operating costs and expenses and is based on the future minimum lease payments recognized on a straight-line basis over the term of the lease plus any variable lease costs. Operating lease expenses, inclusive of short-term and variable lease expenses, recognized in our condensed consolidated statement of income for the three and six months ended June 30, 2019 were $110 million and $221 million, respectively. These amounts do not include lease costs associated with production activities or other amounts capitalized in our condensed consolidated balance sheet, which are not material.

The table below summarizes the operating lease assets and liabilities recorded in our condensed consolidated balance sheet.

Condensed Consolidated Balance Sheet



(in millions)	June 30, 2019
Other noncurrent assets, net	$	1,591
Accrued expenses and other current liabilities	$	166
Other noncurrent liabilities	$	1,535

The table below summarizes our future minimum rental commitments for operating leases as of June 30, 2019 applying the new accounting guidance.



(in millions)	June 30, 2019
Remaining six months of 2019	$	117
2020	250
2021	217
2022	179
2023	154
Thereafter	1,452
Total future minimum lease payments	2,369
Less: imputed interest	668
Total liability	$	1,701

The weighted average remaining lease term for operating leases and the weighted average discount rate used to calculate our operating lease liabilities as of June 30, 2019 were 15 years and 4.11%, respectively.

For the six months ended June 30, 2019, cash payments for operating leases recorded in the condensed consolidated balance sheet were $132 million. Leases that have not yet commenced and lease assets and liabilities associated with leases entered into during the period were not material.



(in millions)			December 31, 2018
2019			$	248
2020			$	232
2021			$	199
2022			$	168
2023			$	144
Thereafter			$	1,380

(in millions)	Three Months Ended June 30, 2018		Six Months Ended June 30, 2018
Rental expense	$	74	$	143

Cash Payments for Interest and Income Taxes



	Six Months Ended June 30
(in millions)	2019		2018
Interest	$	217	$	218
Income taxes	$	163	$	225

Noncash Activities

During the six months ended June 30, 2019, we acquired $696 million of property and equipment and intangible assets that were accrued but unpaid.

Cash, Cash Equivalents and Restricted Cash



(in millions)	June 30, 2019		December 31, 2018
Cash and cash equivalents	$	1,244	$	1,444
Restricted cash included in other noncurrent assets, net	20		20
Cash, cash equivalents and restricted cash, end of period	$	1,264	$	1,464

Accumulated Other Comprehensive Income (Loss)



(in millions)	June 30, 2019		June 30, 2018
Deferred gains (losses) on cash flow hedges	$	9	$	8
Unrecognized gains (losses) on employee benefit obligations	135		119
Cumulative translation adjustments	151		91
Accumulated other comprehensive income (loss)	$	295	$	218

Related Party Transactions

6 Months Ended

Jun. 30, 2019

Related Party Transactions

In the ordinary course of our business, we enter into transactions with Comcast.

We generate revenue from Comcast primarily from the distribution of our cable network programming, the fees received under retransmission consent agreements in our Broadcast Television segment and, to a lesser extent, the sale of advertising and our owned programming, and we incur expenses primarily related to advertising and various support services provided by Comcast to us.

Comcast is also the counterparty to one of our contractual obligations. As of June 30, 2019, the carrying value of the liability associated with this contractual obligation was $383 million.

The following tables present transactions with Comcast and its consolidated subsidiaries that are included in our condensed consolidated financial statements.

Condensed Consolidated Statement of Income



	Three Months Ended June 30						Six Months Ended June 30
(in millions)	2019			2018			2019			2018
Transactions with Comcast and Consolidated Subsidiaries
Revenue	$	607		$	480		$	1,211		$	1,074
Total costs and expenses	$	(60	)	$	(42	)	$	(125	)	$	(103	)
Interest expense and investment and other income (loss), net	$	6		$	(20	)	$	14		$	(43	)

Condensed Consolidated Balance Sheet



(in millions)	June 30, 2019		December 31, 2018
Transactions with Comcast and Consolidated Subsidiaries
Receivables, net	$	484	$	464
Note receivable from Comcast	$	2,534	$	2,054
Film and television costs	$	27	$	27
Other noncurrent assets, net	$	70	$	—
Accounts payable and accrued expenses related to trade creditors	$	64	$	78
Accrued expenses and other current liabilities	$	42	$	32
Note payable to Comcast	$	197	$	54
Long-term debt	$	768	$	701
Other noncurrent liabilities	$	494	$	410

Share-Based Compensation

Comcast maintains share-based compensation plans that consist primarily of awards of restricted share units and stock options to certain employees and directors as part of its approach to long-term incentive compensation. Additionally, through its employee stock purchase plans, employees are able to purchase shares of Comcast common stock at a discount through payroll deductions. Certain of our employees participate in these plans and the expense associated with their participation is settled in cash with Comcast. For the three months ended June 30, 2019 and 2018, we recognized share-based compensation expense of $57 million and $46 million, respectively. For the six months ended June 30, 2019 and 2018, we recognized share-based compensation expense of $96 million and $78 million, respectively.

Commitments and Contingencies

6 Months Ended

Jun. 30, 2019

Commitments and Contingencies Disclosure [Abstract]

Commitments and Contingencies

Leases

Our leases consist primarily of real estate, vehicles and other equipment. We determine if an arrangement is a lease at inception. Lease assets and liabilities are recognized upon commencement of the lease based on the present value of the future minimum lease payments over the lease term. The lease term includes options to extend the lease when it is reasonably certain that we will exercise that option. We generally utilize our incremental borrowing rate based on information available at the commencement of the lease in determining the present value of future payments. The lease asset also includes any lease payments made and initial direct costs incurred and excludes lease incentives. Lease assets and liabilities are not recorded for leases with an initial term of one year or less. Lease expense for operating leases recorded in the balance sheet is included in operating costs and expenses and is based on the future minimum lease payments recognized on a straight-line basis over the term of the lease plus any variable lease costs. Operating lease expenses, inclusive of short-term and variable lease expenses, recognized in our condensed consolidated statement of income for the three and six months ended June 30, 2019 were $264 million and $538 million, respectively. These amounts do not include lease costs associated with production activities or other amounts capitalized in our condensed consolidated balance sheet, which are not material.

The table below summarizes the operating lease assets and liabilities recorded in our condensed consolidated balance sheet.

Condensed Consolidated Balance Sheet



(in millions)	June 30, 2019
Other noncurrent assets, net	$	4,063
Accrued expenses and other current liabilities	$	685
Other noncurrent liabilities	$	3,976

The table below summarizes our future minimum rental commitments for operating leases as of June 30, 2019 applying the new accounting guidance.



(in millions)	June 30, 2019
Remaining six months of 2019	$	431
2020	856
2021	743
2022	609
2023	514
Thereafter	2,591
Total future minimum lease payments	5,744
Less: imputed interest	1,083
Total liability	$	4,661

For the six months ended June 30, 2019, cash payments for operating leases recorded in the condensed consolidated balance sheet were $446 million. Leases that have not yet commenced and lease assets and liabilities associated with leases entered into during the period were not material.

The tables below summarize our future minimum rental commitments for operating leases as of December 31, 2018 and rent expense for operating leases for the three and six months ended June 30, 2018 using the accounting guidance in effect at that time. These amounts have been updated to include $804 million of future cash payments related to additional contracts determined to be operating leases in connection with the Sky transaction.



(in millions)			December 31, 2018
2019			$	891
2020			$	824
2021			$	722
2022			$	592
2023			$	513
Thereafter			$	2,608

(in millions)	Three Months Ended June 30, 2018		Six Months Ended June 30, 2018
Rental expense	$	184	$	370

Redeemable Subsidiary Preferred Stock

As of June 30, 2019, the fair value of the NBCUniversal Enterprise redeemable subsidiary preferred stock was $744 million. The estimated fair value is based on Level 2 inputs that use pricing models whose inputs are derived primarily from or corroborated by observable market data through correlation or other means for substantially the full term of the financial instrument.

Contingencies

We are a defendant in several 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. In addition, we are 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 results of operations, cash flows or financial position, any litigation resulting from any such legal proceedings or claims could be time-consuming and injure our reputation.

Condensed Consolidating Financial Information

6 Months Ended

Jun. 30, 2019

Condensed Financial Information Disclosure [Abstract]

Condensed Consolidating Financial Information

Comcast (“Comcast Parent”), Comcast Cable Communications, LLC (“CCCL Parent”) and NBCUniversal (“NBCUniversal Media Parent”) have fully and unconditionally guaranteed each other’s debt. See Note 5 for additional information on the cross-guarantee structure.

Condensed Consolidating Statement of Income

For the Three Months Ended June 30, 2019



(in millions)	Comcast Parent			Comcast Holdings			CCCL Parent			NBCUniversal Media Parent			Non- Guarantor Subsidiaries			Elimination and Consolidation Adjustments			Consolidated Comcast Corporation
Revenue:
Service revenue	$	—		$	—		$	—		$	—		$	26,858		$	—		$	26,858
Management fee revenue	309			—			303			—			—			(612		)	—
Total revenue	309			—			303			—			26,858			(612		)	26,858
Costs and Expenses:
Programming and production	—			—			—			—			8,255			—			8,255
Other operating and administrative	178			—			303			225			7,992			(612		)	8,086
Advertising, marketing and promotion	—			—			—			—			1,885			—			1,885
Depreciation	16			—			—			—			2,181			—			2,197
Amortization	2			—			—			—			1,077			—			1,079
Total costs and expenses	196			—			303			225			21,390			(612		)	21,502
Operating income (loss)	113			—			—			(225		)	5,468			—			5,356
Interest expense	(877		)	(3		)	(47		)	(117		)	(93		)	—			(1,137		)
Investment and other income (loss), net	3,692			3,730			3,376			1,918			1,659			(14,430		)	(55		)
Income (loss) before income taxes	2,928			3,727			3,329			1,576			7,034			(14,430		)	4,164
Income tax (expense) benefit	197			(1		)	10			(5		)	(1,162		)	—			(961		)
Net income (loss)	3,125			3,726			3,339			1,571			5,872			(14,430		)	3,203
Less: Net income (loss) attributable to noncontrolling interests and redeemable subsidiary preferred stock	—			—			—			—			78			—			78
Net income (loss) attributable to Comcast Corporation	$	3,125		$	3,726		$	3,339		$	1,571		$	5,794		$	(14,430	)	$	3,125
Comprehensive income (loss) attributable to Comcast Corporation	$	2,641		$	3,756		$	3,342		$	1,644		$	5,300		$	(14,042	)	$	2,641

Condensed Consolidating Statement of Income

For the Three Months Ended June 30, 2018



(in millions)	Comcast Parent			Comcast Holdings			CCCL Parent			NBCUniversal Media Parent			Non- Guarantor Subsidiaries			Elimination and Consolidation Adjustments			Consolidated Comcast Corporation
Revenue:
Service revenue	$	—		$	—		$	—		$	—		$	21,735		$	—		$	21,735
Management fee revenue	298			—			293			—			—			(591		)	—
Total revenue	298			—			293			—			21,735			(591		)	21,735
Costs and Expenses:
Programming and production	—			—			—			—			6,300			—			6,300
Other operating and administrative	190			—			293			224			6,249			(591		)	6,365
Advertising, marketing and promotion	—			—			—			—			1,653			—			1,653
Depreciation	11			—			—			—			2,010			—			2,021
Amortization	2			—			—			—			580			—			582
Other operating gains	—			—			—			—			(200		)	—			(200		)
Total costs and expenses	203			—			293			224			16,592			(591		)	16,721
Operating income (loss)	95			—			—			(224		)	5,143			—			5,014
Interest expense	(578		)	(3		)	(48		)	(113		)	(64		)	—			(806		)
Investment and other income (loss), net	3,597			3,580			2,999			1,589			1,324			(13,012		)	77
Income (loss) before income taxes	3,114			3,577			2,951			1,252			6,403			(13,012		)	4,285
Income tax (expense) benefit	102			1			10			(5		)	(1,185		)	—			(1,077		)
Net income (loss)	3,216			3,578			2,961			1,247			5,218			(13,012		)	3,208
Less: Net income (loss) attributable to noncontrolling interests and redeemable subsidiary preferred stock	—			—			—			—			(8		)	—			(8		)
Net income (loss) attributable to Comcast Corporation	$	3,216		$	3,578		$	2,961		$	1,247		$	5,226		$	(13,012	)	$	3,216
Comprehensive income (loss) attributable to Comcast Corporation	$	3,069		$	3,527		$	2,960		$	1,069		$	4,903		$	(12,459	)	$	3,069

Condensed Consolidating Statement of Income

For the Six Months Ended June 30, 2019



(in millions)	Comcast Parent			Comcast Holdings			CCCL Parent			NBCUniversal Media Parent			Non- Guarantor Subsidiaries			Elimination and Consolidation Adjustments			Consolidated Comcast Corporation
Revenue:
Service revenue	$	—		$	—		$	—		$	—		$	53,717		$	—		$	53,717
Management fee revenue	614			—			602			—			—			(1,216		)	—
Total revenue	614			—			602			—			53,717			(1,216		)	53,717
Costs and Expenses:
Programming and production	—			—			—			—			16,824			—			16,824
Other operating and administrative	366			—			602			496			15,738			(1,216		)	15,986
Advertising, marketing and promotion	—			—			—			—			3,773			—			3,773
Depreciation	30			—			—			—			4,407			—			4,437
Amortization	3			—			—			—			2,156			—			2,159
Total costs and expenses	399			—			602			496			42,898			(1,216		)	43,179
Operating income (loss)	215			—			—			(496		)	10,819			—			10,538
Interest expense	(1,773		)	(6		)	(96		)	(237		)	(175		)	—			(2,287		)
Investment and other income (loss), net	7,907			7,873			6,690			4,099			3,897			(29,845		)	621
Income (loss) before income taxes	6,349			7,867			6,594			3,366			14,541			(29,845		)	8,872
Income tax (expense) benefit	329			(7		)	20			(11		)	(2,368		)	—			(2,037		)
Net income (loss)	6,678			7,860			6,614			3,355			12,173			(29,845		)	6,835
Less: Net income (loss) attributable to noncontrolling interests and redeemable subsidiary preferred stock	—			—			—			—			157			—			157
Net income (loss) attributable to Comcast Corporation	$	6,678		$	7,860		$	6,614		$	3,355		$	12,016		$	(29,845	)	$	6,678
Comprehensive income (loss) attributable to Comcast Corporation	$	6,984		$	7,878		$	6,617		$	3,396		$	12,460		$	(30,351	)	$	6,984

Condensed Consolidating Statement of Income

For the Six Months Ended June 30, 2018



(in millions)	Comcast Parent			Comcast Holdings			CCCL Parent			NBCUniversal Media Parent			Non- Guarantor Subsidiaries			Elimination and Consolidation Adjustments			Consolidated Comcast Corporation
Revenue:
Service revenue	$	—		$	—		$	—		$	—		$	44,526		$	—		$	44,526
Management fee revenue	590			—			579			—			—			(1,169		)	—
Total revenue	590			—			579			—			44,526			(1,169		)	44,526
Costs and Expenses:
Programming and production	—			—			—			—			13,729			—			13,729
Other operating and administrative	418			—			579			542			12,509			(1,169		)	12,879
Advertising, marketing and promotion	—			—			—			—			3,257			—			3,257
Depreciation	22			—			—			—			4,010			—			4,032
Amortization	3			—			—			—			1,167			—			1,170
Other operating gains	—			—			—			—			(200		)	—			(200		)
Total costs and expenses	443			—			579			542			34,472			(1,169		)	34,867
Operating income (loss)	147			—			—			(542		)	10,054			—			9,659
Interest expense	(1,139		)	(6		)	(95		)	(219		)	(124		)	—			(1,583		)
Investment and other income (loss), net	7,117			6,899			5,825			3,531			2,912			(26,081		)	203
Income (loss) before income taxes	6,125			6,893			5,730			2,770			12,842			(26,081		)	8,279
Income tax (expense) benefit	209			1			19			(10		)	(2,114		)	—			(1,895		)
Net income (loss)	6,334			6,894			5,749			2,760			10,728			(26,081		)	6,384
Less: Net income (loss) attributable to noncontrolling interests and redeemable subsidiary preferred stock	—			—			—			—			50			—			50
Net income (loss) attributable to Comcast Corporation	$	6,334		$	6,894		$	5,749		$	2,760		$	10,678		$	(26,081	)	$	6,334
Comprehensive income (loss) attributable to Comcast Corporation	$	6,340		$	6,896		$	5,749		$	2,765		$	10,694		$	(26,104	)	$	6,340

Condensed Consolidating Statement of Cash Flows

For the Six Months Ended June 30, 2019



(in millions)	Comcast Parent			Comcast Holdings			CCCL Parent			NBCUniversal Media Parent			Non- Guarantor Subsidiaries			Elimination and Consolidation Adjustments		Consolidated Comcast Corporation
Net cash provided by (used in) operating activities	$	(1,375	)	$	186		$	(80	)	$	(640	)	$	16,180		$	—	$	14,271
Investing Activities:
Net transactions with affiliates	5,616			(186		)	80			597			(6,107		)	—		—
Capital expenditures	(9		)	—			—			—			(4,346		)	—		(4,355		)
Cash paid for intangible assets	(2		)	—			—			—			(1,076		)	—		(1,078		)
Acquisitions and construction of real estate properties	(32		)	—			—			—			(4		)	—		(36		)
Construction of Universal Beijing Resort	—			—			—			—			(450		)	—		(450		)
Acquisitions, net of cash acquired	—			—			—			—			(114		)	—		(114		)
Proceeds from sales of businesses and investments	—			—			—			—			150			—		150
Purchases of investments	(18		)	—			—			(63		)	(1,524		)	—		(1,605		)
Other	—			—			—			—			74			—		74
Net cash provided by (used in) investing activities	5,555			(186		)	80			534			(13,397		)	—		(7,414		)
Financing Activities:
Proceeds from (repayments of) short-term borrowings, net	487			—			—			—			(1,288		)	—		(801		)
Proceeds from borrowings	—			—			—			—			363			—		363
Repurchases and repayments of debt	(2,507		)	—			—			(7		)	(1,642		)	—		(4,156		)
Repurchases of common stock under repurchase program and employee plans	(350		)	—			—			—			—			—		(350		)
Dividends paid	(1,823		)	—			—			—			—			—		(1,823		)
Distributions to noncontrolling interests and dividends for redeemable subsidiary preferred stock	—			—			—			—			(155		)	—		(155		)
Other	13			—			—			—			177			—		190
Net cash provided by (used in) financing activities	(4,180		)	—			—			(7		)	(2,545		)	—		(6,732		)
Impact of foreign currency on cash, cash equivalents and restricted cash	—			—			—			—			(15		)	—		(15		)
Increase (decrease) in cash, cash equivalents and restricted cash	—			—			—			(113		)	223			—		110
Cash, cash equivalents and restricted cash, beginning of period	—			—			—			416			3,493			—		3,909
Cash, cash equivalents and restricted cash, end of period	$	—		$	—		$	—		$	303		$	3,716		$	—	$	4,019

Condensed Consolidating Statement of Cash Flows

For the Six Months Ended June 30, 2018



(in millions)	Comcast Parent			Comcast Holdings			CCCL Parent			NBCUniversal Media Parent			Non- Guarantor Subsidiaries			Elimination and Consolidation Adjustments		Consolidated Comcast Corporation
Net cash provided by (used in) operating activities	$	(491	)	$	6		$	(78	)	$	(796	)	$	13,896		$	—	$	12,537
Investing Activities:
Net transactions with affiliates	4,096			(455		)	78			571			(4,290		)	—		—
Capital expenditures	(10		)	—			—			—			(4,213		)	—		(4,223		)
Cash paid for intangible assets	(2		)	—			—			—			(928		)	—		(930		)
Acquisitions and construction of real estate properties	(76		)	—			—			—			(28		)	—		(104		)
Construction of Universal Beijing Resort	—			—			—			—			(116		)	—		(116		)
Acquisitions, net of cash acquired	—			—			—			—			(88		)	—		(88		)
Proceeds from sales of investments	—			—			—			67			46			—		113
Purchases of investments	(28		)	—			—			(30		)	(480		)	—		(538		)
Other	—			449			—			—			131			—		580
Net cash provided by (used in) investing activities	3,980			(6		)	78			608			(9,966		)	—		(5,306		)
Financing Activities:
Proceeds from (repayments of) short-term borrowings, net	(902		)	—			—			—			925			—		23
Proceeds from borrowings	3,973			—			—			—			306			—		4,279
Repurchases and repayments of debt	(1,900		)	—			—			(3		)	(2,444		)	—		(4,347		)
Repurchases of common stock under repurchase program and employee plans	(2,998		)	—			—			—			—			—		(2,998		)
Dividends paid	(1,616		)	—			—			—			—			—		(1,616		)
Distributions to noncontrolling interests and dividends for redeemable subsidiary preferred stock	—			—			—			—			(140		)	—		(140		)
Other	(46		)	—			—			—			(115		)	—		(161		)
Net cash provided by (used in) financing activities	(3,489		)	—			—			(3		)	(1,468		)	—		(4,960		)
Increase (decrease) in cash, cash equivalents and restricted cash	—			—			—			(191		)	2,462			—		2,271
Cash, cash equivalents and restricted cash, beginning of period	—			—			—			496			3,075			—		3,571
Cash, cash equivalents and restricted cash, end of period	$	—		$	—		$	—		$	305		$	5,537		$	—	$	5,842

Condensed Consolidating Balance Sheet

June 30, 2019



(in millions)	Comcast Parent		Comcast Holdings		CCCL Parent		NBCUniversal Media Parent		Non- Guarantor Subsidiaries		Elimination and Consolidation Adjustments			Consolidated Comcast Corporation
Assets
Cash and cash equivalents	$	—	$	—	$	—	$	303	$	3,616	$	—		$	3,919
Receivables, net	—		—		—		—		10,835		—			10,835
Programming rights	—		—		—		—		1,947		—			1,947
Other current assets	115		22		—		22		4,501		—			4,660
Total current assets	115		22		—		325		20,899		—			21,361
Film and television costs	—		—		—		—		8,553		—			8,553
Investments	281		12		148		898		7,099		—			8,438
Investments in and amounts due from subsidiaries eliminated upon consolidation	160,659		147,775		130,444		56,265		98,426		(593,569		)	—
Property and equipment, net	668		—		—		—		45,379		—			46,047
Franchise rights	—		—		—		—		59,365		—			59,365
Goodwill	—		—		—		—		67,945		—			67,945
Other intangible assets, net	10		—		—		—		36,066		—			36,076
Other noncurrent assets, net	1,038		163		—		101		7,935		(467		)	8,770
Total assets	$	162,771	$	147,972	$	130,592	$	57,589	$	351,667	$	(594,036	)	$	256,555
Liabilities and Equity
Accounts payable and accrued expenses related to trade creditors	$	—	$	—	$	—	$	—	$	10,014	$	—		$	10,014
Accrued participations and residuals	—		—		—		—		1,683		—			1,683
Deferred revenue	—		—		—		—		2,642		—			2,642
Accrued expenses and other current liabilities	2,403		244		356		388		6,913		—			10,304
Current portion of long-term debt	2,587		—		—		2,011		1,767		—			6,365
Total current liabilities	4,990		244		356		2,399		23,019		—			31,008
Long-term debt, less current portion	77,782		152		2,100		5,751		15,463		—			101,248
Deferred income taxes	—		334		—		68		28,206		(612		)	27,996
Other noncurrent liabilities	3,149		—		—		1,547		12,303		145			17,144
Redeemable noncontrolling interests and redeemable subsidiary preferred stock	—		—		—		—		1,329		—			1,329
Equity:
Common stock	54		—		—		—		—		—			54
Other shareholders’ equity	76,796		147,242		128,136		47,824		270,367		(593,569		)	76,796
Total Comcast Corporation shareholders’ equity	76,850		147,242		128,136		47,824		270,367		(593,569		)	76,850
Noncontrolling interests	—		—		—		—		980		—			980
Total equity	76,850		147,242		128,136		47,824		271,347		(593,569		)	77,830
Total liabilities and equity	$	162,771	$	147,972	$	130,592	$	57,589	$	351,667	$	(594,036	)	$	256,555

Condensed Consolidating Balance Sheet

December 31, 2018



(in millions)	Comcast Parent		Comcast Holdings		CCCL Parent		NBCUniversal Media Parent		Non- Guarantor Subsidiaries		Elimination and Consolidation Adjustments			Consolidated Comcast Corporation
Assets
Cash and cash equivalents	$	—	$	—	$	—	$	416	$	3,398	$	—		$	3,814
Receivables, net	—		—		—		—		11,104		—			11,104
Programming rights	—		—		—		—		3,746		—			3,746
Other current assets	66		20		—		28		3,070		—			3,184
Total current assets	66		20		—		444		21,318		—			21,848
Film and television costs	—		—		—		—		7,837		—			7,837
Investments	270		11		143		790		6,669		—			7,883
Investments in and amounts due from subsidiaries eliminated upon consolidation	157,264		147,028		130,214		53,853		97,872		(586,231		)	—
Property and equipment, net	670		—		—		—		43,767		—			44,437
Franchise rights	—		—		—		—		59,365		—			59,365
Goodwill	—		—		—		—		66,154		—			66,154
Other intangible assets, net	11		—		—		—		38,347		—			38,358
Other noncurrent assets, net	1,057		208		—		85		4,910		(458		)	5,802
Total assets	$	159,338	$	147,267	$	130,357	$	55,172	$	346,239	$	(586,689	)	$	251,684
Liabilities and Equity
Accounts payable and accrued expenses related to trade creditors	$	2	$	—	$	—	$	—	$	8,492	$	—		$	8,494
Accrued participations and residuals	—		—		—		—		1,808		—			1,808
Deferred revenue	—		—		—		—		2,182		—			2,182
Accrued expenses and other current liabilities	2,357		150		360		282		7,572		—			10,721
Current portion of long-term debt	699		—		—		4		3,695		—			4,398
Total current liabilities	3,058		150		360		286		23,749		—			27,603
Long-term debt, less current portion	81,661		146		2,100		7,748		15,690		—			107,345
Deferred income taxes	—		314		—		65		27,734		(524		)	27,589
Other noncurrent liabilities	3,006		—		—		1,201		11,056		66			15,329
Redeemable noncontrolling interests and redeemable subsidiary preferred stock	—		—		—		—		1,316		—			1,316
Equity:
Common stock	54		—		—		—		—		—			54
Other shareholders’ equity	71,559		146,657		127,897		45,872		265,805		(586,231		)	71,559
Total Comcast Corporation shareholders’ equity	71,613		146,657		127,897		45,872		265,805		(586,231		)	71,613
Noncontrolling interests	—		—		—		—		889		—			889
Total equity	71,613		146,657		127,897		45,872		266,694		(586,231		)	72,502
Total liabilities and equity	$	159,338	$	147,267	$	130,357	$	55,172	$	346,239	$	(586,689	)	$	251,684

Recent Accounting Pronouncements (Policies)	6 Months Ended
Recent Accounting Pronouncements (Policies)	Jun. 30, 2019
Accounting Policies [Line Items]
Basis of Presentation	We have prepared these unaudited condensed consolidated financial statements based on SEC rules that permit reduced disclosure for interim periods. These financial statements include all adjustments that are necessary for a fair presentation of our consolidated results of operations, cash flows and financial condition for the periods shown, including normal, recurring accruals and other items. The consolidated 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 consolidated financial statements included in our 2018 Annual Report on Form 10-K and the notes within this Form 10-Q.
Earnings Per Share	Diluted earnings per common share attributable to Comcast Corporation shareholders (“diluted EPS”) considers the impact of potentially dilutive securities using the treasury stock method. Our potentially dilutive securities include potential common shares related to our stock options and our restricted share units (“RSUs”). Diluted EPS excludes the impact of potential common shares related to our stock options in periods in which the combination of the option exercise price and the associated unrecognized compensation expense is greater than the average market price of our common stock.
Recent Accounting Pronouncements	In February 2016, the Financial Accounting Standards Board (“FASB”) updated the accounting guidance related to leases. The most significant change in the updated accounting guidance requires lessees to recognize lease assets and liabilities on the balance sheet for all operating leases with the exception of short-term leases. The standard also expands the disclosures regarding the amount, timing and uncertainty of cash flows arising from leases. For a lessee, the recognition, measurement and presentation of expenses and cash flows arising from a lease did not significantly change from previous guidance. We adopted the updated guidance on January 1, 2019 on a prospective basis and as a result, prior period amounts were not adjusted to reflect the impacts of the updated guidance. In addition, as permitted under the transition guidance within the new standard, prior scoping and classification conclusions were carried forward for leases existing as of the adoption date. Upon adoption, we recorded $4.2 billion and $4.8 billion for operating lease assets and liabilities, respectively, which includes the impact of fair value adjustments, prepaid and deferred rent and lease incentives. The adoption of the updated accounting guidance did not significantly impact our recognition of finance leases, which were previously described as capital leases. As of the date of adoption, our liabilities for finance leases were $787 million, including $229 million of additional contracts determined to be leases in connection with the Sky transaction, which were recorded in long-term debt, and the related assets were recorded in property and equipment, net. Our finance leases were not considered material for further disclosure. The adoption of the new accounting guidance did not have a material impact on our consolidated results of operations or cash flows. See Note 11 for further information. Film and Television Costs In March 2019, the FASB updated the accounting guidance related to film and television costs. The updated guidance aligns the accounting for production costs of episodic television series with those of films, allowing for costs to be capitalized in excess of amounts of revenue contracted for each episode. The updated guidance also updates certain presentation and disclosure requirements for capitalized film and television costs, and requires impairment testing to be performed at a group level for capitalized film and television costs when the content is predominantly monetized with other owned or licensed content. The updated guidance is effective for us as of January 1, 2020 and early adoption is permitted. We are currently in the process of determining the impact that the updated accounting guidance will have on our consolidated financial statements, however we do not expect there to be a material impact on our consolidated results of operations or cash flows.
Leases	Our leases consist primarily of real estate, vehicles and other equipment. We determine if an arrangement is a lease at inception. Lease assets and liabilities are recognized upon commencement of the lease based on the present value of the future minimum lease payments over the lease term. The lease term includes options to extend the lease when it is reasonably certain that we will exercise that option. We generally utilize our incremental borrowing rate based on information available at the commencement of the lease in determining the present value of future payments. The lease asset also includes any lease payments made and initial direct costs incurred and excludes lease incentives. Lease assets and liabilities are not recorded for leases with an initial term of one year or less. Lease expense for operating leases recorded in the balance sheet is included in operating costs and expenses and is based on the future minimum lease payments recognized on a straight-line basis over the term of the lease plus any variable lease costs. Operating lease expenses, inclusive of short-term and variable lease expenses, recognized in our condensed consolidated statement of income for the three and six months ended June 30, 2019 were $264 million and $538 million, respectively. These amounts do not include lease costs associated with production activities or other amounts capitalized in our condensed consolidated balance sheet, which are not material.
NBCUniversal Media LLC [Member]
Accounting Policies [Line Items]
Basis of Presentation	Unless indicated otherwise, throughout these notes to the condensed consolidated financial statements, we refer to NBCUniversal and its consolidated subsidiaries as “we,” “us” and “our.” We have prepared these unaudited condensed consolidated financial statements based on SEC rules that permit reduced disclosure for interim periods. These financial statements include all adjustments that are necessary for a fair presentation of our consolidated results of operations, cash flows and financial condition for the periods shown, including normal, recurring accruals and other items. The consolidated 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 consolidated financial statements included in our 2018 Annual Report on Form 10-K and the notes within this Form 10-Q.
Recent Accounting Pronouncements	In February 2016, the Financial Accounting Standards Board (“FASB”) updated the accounting guidance related to leases. The most significant change in the updated accounting guidance requires lessees to recognize lease assets and liabilities on the balance sheet for all operating leases with the exception of short-term leases. The standard also expands the disclosures regarding the amount, timing and uncertainty of cash flows arising from leases. For a lessee, the recognition, measurement and presentation of expenses and cash flows arising from a lease did not significantly change from previous guidance. We adopted the updated guidance on January 1, 2019 on a prospective basis and as a result, prior period amounts were not adjusted to reflect the impacts of the updated guidance. In addition, as permitted under the transition guidance within the new standard, prior scoping and classification conclusions were carried forward for leases existing as of the adoption date. Upon adoption, we recorded approximately $1.7 billion and $1.8 billion of operating lease assets and liabilities, respectively, which includes the impact of fair value adjustments, prepaid rent and lease incentives. The adoption of the updated accounting guidance did not impact our recognition of finance leases, which were previously described as capital leases. As of the date of adoption, our liabilities for finance leases were $332 million, which were recorded in long-term debt, and the related assets were recorded in property and equipment, net. Our finance leases were not considered material for further disclosure. The adoption of the new accounting guidance did not have a material impact on our consolidated results of operations or cash flows. See Note 9 for further information. Film and Television Costs In March 2019, the FASB updated the accounting guidance related to film and television costs. The updated guidance aligns the accounting for production costs of episodic television series with those of films, allowing for costs to be capitalized in excess of amounts of revenue contracted for each episode. The updated guidance also updates certain presentation and disclosure requirements for capitalized film and television costs, and requires impairment testing to be performed at a group level for capitalized film and television costs when the content is predominantly monetized with other owned or licensed content. The updated guidance is effective for us as of January 1, 2020 and early adoption is permitted. We are currently in the process of determining the impact that the updated accounting guidance will have on our consolidated financial statements, however we do not expect there to be a material impact on our consolidated results of operations or cash flows.
Leases	Our leases consist primarily of real estate and equipment. We determine if an arrangement is a lease at inception. Lease assets and liabilities are recognized upon commencement of the lease based on the present value of the future minimum lease payments over the lease term. The lease term includes options to extend the lease when it is reasonably certain that we will exercise that option. We generally utilize our incremental borrowing rate based on information available at the commencement of the lease in determining the present value of future payments. The lease asset also includes any lease payments made and initial direct costs incurred and excludes lease incentives. Lease assets and liabilities are not recorded for leases with an initial term of one year or less. Lease expense for operating leases recorded in the balance sheet is included in operating costs and expenses and is based on the future minimum lease payments recognized on a straight-line basis over the term of the lease plus any variable lease costs. Operating lease expenses, inclusive of short-term and variable lease expenses, recognized in our condensed consolidated statement of income for the three and six months ended June 30, 2019 were $110 million and $221 million, respectively. These amounts do not include lease costs associated with production activities or other amounts capitalized in our condensed consolidated balance sheet, which are not material.

Segment Information (Tables)

6 Months Ended

Jun. 30, 2019

Financial Data by Business Segment

Our financial data by business segment is presented in the tables below.



	Three Months Ended June 30, 2019
(in millions)	Revenue			Adjusted EBITDA^(d)			Depreciation and Amortization		Capital Expenditures		Cash Paid for Intangible Assets
Cable Communications	$	14,450		$	5,854		$	2,036	$	1,594	$	303
NBCUniversal
Cable Networks	2,947			1,201			183		6		4
Broadcast Television	2,402			534			40		37		3
Filmed Entertainment	1,457			183			20		4		6
Theme Parks	1,464			590			170		378		17
Headquarters and Other^(a)	22			(182		)	114		48		35
Eliminations^(b)	(86		)	(2		)	—		—		—
NBCUniversal	8,206			2,324			527		473		65
Sky	4,828			772			673		177		152
Corporate and Other^(c)	56			(213		)	40		19		11
Eliminations^(b)	(682		)	(21		)	—		—		—
Comcast Consolidated	$	26,858		$	8,716		$	3,276	$	2,263	$	531



	Three Months Ended June 30, 2018
(in millions)	Revenue			Adjusted EBITDA^(d)			Depreciation and Amortization		Capital Expenditures		Cash Paid for Intangible Assets
Cable Communications	$	13,912		$	5,449		$	2,023	$	1,767	$	344
NBCUniversal
Cable Networks	2,874			1,176			179		8		5
Broadcast Television	2,391			417			40		32		3
Filmed Entertainment	1,710			138			63		8		8
Theme Parks	1,361			569			167		360		119
Headquarters and Other^(a)	15			(148		)	104		53		31
Eliminations^(b)	(78		)	(2		)	—		—		—
NBCUniversal	8,273			2,150			553		461		166
Corporate and Other^(c)	96			(192		)	27		22		1
Eliminations^(b)	(546		)	10			—		—		—
Comcast Consolidated	$	21,735		$	7,417		$	2,603	$	2,250	$	511



	Six Months Ended June 30, 2019
(in millions)	Revenue			Adjusted EBITDA^(d)			Depreciation and Amortization		Capital Expenditures		Cash Paid for Intangible Assets
Cable Communications	$	28,730		$	11,582		$	4,071	$	2,957	$	626
NBCUniversal
Cable Networks	5,815			2,463			365		12		6
Broadcast Television	4,869			921			79		50		6
Filmed Entertainment	3,225			547			39		8		11
Theme Parks	2,740			1,088			332		772		36
Headquarters and Other^(a)	39			(356		)	227		84		77
Eliminations^(b)	(169		)	(2		)	—		—		—
NBCUniversal	16,519			4,661			1,042		926		136
Sky	9,625			1,435			1,414		436		303
Corporate and Other^(c)	164			(400		)	69		36		13
Eliminations^(b)	(1,321		)	(9		)	—		—		—
Comcast Consolidated	$	53,717		$	17,269		$	6,596	$	4,355	$	1,078



	Six Months Ended June 30, 2018
(in millions)	Revenue			Adjusted EBITDA^(d)			Depreciation and Amortization		Capital Expenditures		Cash Paid for Intangible Assets
Cable Communications	$	27,615		$	10,666		$	4,084	$	3,458	$	631
NBCUniversal
Cable Networks^(e)	6,031			2,430			368		11		9
Broadcast Television^(e)	5,888			924			74		62		75
Filmed Entertainment	3,357			341			91		15		14
Theme Parks	2,642			1,064			322		542		135
Headquarters and Other^(a)	29			(336		)	208		100		63
Eliminations^(b)(e)	(177		)	(2		)	—		—		—
NBCUniversal	17,770			4,421			1,063		730		296
Corporate and Other^(c)	339			(377		)	55		35		3
Eliminations^(b)(e)	(1,198		)	(49		)	—		—		—
Comcast Consolidated	$	44,526		$	14,661		$	5,202	$	4,223	$	930


(a)	NBCUniversal Headquarters and Other activities include costs associated with overhead, allocations, personnel costs and headquarter initiatives.


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


•	our Cable Networks segment generates revenue by selling programming to our Cable Communications segment, which represents a substantial majority of the revenue elimination amount


•	our Broadcast Television segment generates revenue from the fees received under retransmission consent agreements with our Cable Communications segment


•	our Cable Communications segment generates revenue by selling advertising and by selling the use of satellite feeds to our Cable Networks segment


•	our Cable Networks and Broadcast Television segments generate revenue by selling advertising to our Cable Communications segment


•	our Filmed Entertainment and Broadcast Television segments generate revenue by licensing content to our Cable Networks segment; for segment reporting, this revenue is recognized as the programming rights asset for the licensed content is amortized based on third party revenue


•	our Filmed Entertainment, Cable Networks and Broadcast Television segments generate revenue by licensing content to our Sky segment


(c)	Corporate and Other activities include costs associated with overhead and personnel, revenue and expenses associated with operations of Comcast Spectacor, which owns the Philadelphia Flyers and the Wells Fargo Center arena in Philadelphia, Pennsylvania, as well as other business development initiatives.

(d)



	Three Months Ended June 30						Six Months Ended June 30
(in millions)	2019			2018			2019			2018
Adjusted EBITDA	$	8,716		$	7,417		$	17,269		$	14,661
Adjustment for Sky transaction-related costs	(84		)	—			(135		)	—
Depreciation	(2,197		)	(2,021		)	(4,437		)	(4,032		)
Amortization	(1,079		)	(582		)	(2,159		)	(1,170		)
Other operating gains	—			200			—			200
Interest expense	(1,137		)	(806		)	(2,287		)	(1,583		)
Investment and other income (loss), net	(55		)	77			621			203
Income before income taxes	$	4,164		$	4,285		$	8,872		$	8,279

(e)

Reconciliation of Adjusted EBITDA from Segments to Consolidated



	Three Months Ended June 30						Six Months Ended June 30
(in millions)	2019			2018			2019			2018
Adjusted EBITDA	$	8,716		$	7,417		$	17,269		$	14,661
Adjustment for Sky transaction-related costs	(84		)	—			(135		)	—
Depreciation	(2,197		)	(2,021		)	(4,437		)	(4,032		)
Amortization	(1,079		)	(582		)	(2,159		)	(1,170		)
Other operating gains	—			200			—			200
Interest expense	(1,137		)	(806		)	(2,287		)	(1,583		)
Investment and other income (loss), net	(55		)	77			621			203
Income before income taxes	$	4,164		$	4,285		$	8,872		$	8,279

Financial Data by Business Segment



	Three Months Ended June 30, 2019
(in millions)	Revenue			Adjusted EBITDA^(c)			Depreciation and Amortization		Capital Expenditures		Cash Paid for Intangible Assets
Cable Networks	$	2,947		$	1,201		$	183	$	6	$	4
Broadcast Television	2,402			534			40		37		3
Filmed Entertainment	1,457			183			20		4		6
Theme Parks	1,464			590			170		378		17
Headquarters and Other^(a)	45			(195		)	114		48		35
Eliminations^(b)	(88		)	(2		)	—		—		—
Total	$	8,227		$	2,311		$	527	$	473	$	65



	Three Months Ended June 30, 2018
(in millions)	Revenue			Adjusted EBITDA^(c)			Depreciation and Amortization		Capital Expenditures		Cash Paid for Intangible Assets
Cable Networks	$	2,874		$	1,176		$	179	$	8	$	5
Broadcast Television	2,391			417			40		32		3
Filmed Entertainment	1,710			138			63		8		8
Theme Parks	1,361			569			167		360		119
Headquarters and Other^(a)	57			(138		)	104		53		31
Eliminations^(b)	(80		)	(2		)	—		—		—
Total	$	8,313		$	2,160		$	553	$	461	$	166



	Six Months Ended June 30, 2019
(in millions)	Revenue			Adjusted EBITDA^(c)			Depreciation and Amortization		Capital Expenditures		Cash Paid for Intangible Assets
Cable Networks	$	5,815		$	2,463		$	365	$	12	$	6
Broadcast Television	4,869			921			79		50		6
Filmed Entertainment	3,225			547			39		8		11
Theme Parks	2,740			1,088			332		772		36
Headquarters and Other^(a)	96			(359		)	227		84		77
Eliminations^(b)	(173		)	(2		)	—		—		—
Total	$	16,572		$	4,658		$	1,042	$	926	$	136



	Six Months Ended June 30, 2018
(in millions)	Revenue			Adjusted EBITDA^(c)			Depreciation and Amortization		Capital Expenditures		Cash Paid for Intangible Assets
Cable Networks^(d)	$	6,031		$	2,430		$	368	$	11	$	9
Broadcast Television^(d)	5,888			924			74		62		75
Filmed Entertainment	3,357			341			91		15		14
Theme Parks	2,642			1,064			322		542		135
Headquarters and Other^(a)	108			(312		)	208		100		63
Eliminations^(b)(d)	(183		)	(2		)	—		—		—
Total	$	17,843		$	4,445		$	1,063	$	730	$	296


(a)	Headquarters and Other activities include costs associated with overhead, allocations, personnel costs and headquarter initiatives.

(b)

(c)



	Three Months Ended June 30						Six Months Ended June 30
(in millions)	2019			2018			2019			2018
Adjusted EBITDA	$	2,311		$	2,160		$	4,658		$	4,445
Depreciation	(253		)	(258		)	(496		)	(500		)
Amortization	(274		)	(295		)	(546		)	(563		)
Interest expense	(122		)	(133		)	(253		)	(260		)
Investment and other income (loss), net	40			(168		)	280			(172		)
Income before income taxes	$	1,702		$	1,306		$	3,643		$	2,950

(d)

Reconciliation of Adjusted EBITDA from Segments to Consolidated



	Three Months Ended June 30						Six Months Ended June 30
(in millions)	2019			2018			2019			2018
Adjusted EBITDA	$	2,311		$	2,160		$	4,658		$	4,445
Depreciation	(253		)	(258		)	(496		)	(500		)
Amortization	(274		)	(295		)	(546		)	(563		)
Interest expense	(122		)	(133		)	(253		)	(260		)
Investment and other income (loss), net	40			(168		)	280			(172		)
Income before income taxes	$	1,702		$	1,306		$	3,643		$	2,950

Revenue (Tables)

6 Months Ended

Jun. 30, 2019

Disaggregation of revenue



	Three Months Ended June 30						Six Months Ended June 30
(in millions)	2019			2018			2019			2018
Residential:
High-speed internet	$	4,663		$	4,262		$	9,240		$	8,419
Video	5,594			5,628			11,222			11,287
Voice	982			994			1,972			2,000
Wireless	244			202			469			387
Business services	1,933			1,761			3,824			3,487
Advertising	607			666			1,163			1,248
Other	427			399			840			787
Total Cable Communications^(a)(b)	14,450			13,912			28,730			27,615

Distribution	1,707			1,650			3,442			3,511
Advertising	931			929			1,783			1,906
Content licensing and other	309			295			590			614
Total Cable Networks	2,947			2,874			5,815			6,031

Advertising	1,329			1,387			2,646			3,752
Content licensing	472			481			1,032			1,003
Distribution and other	601			523			1,191			1,133
Total Broadcast Television	2,402			2,391			4,869			5,888

Theatrical	252			540			697			963
Content licensing	712			648			1,529			1,381
Home entertainment	229			225			496			473
Other	264			297			503			540
Total Filmed Entertainment	1,457			1,710			3,225			3,357

Total Theme Parks	1,464			1,361			2,740			2,642
Headquarters and Other	22			15			39			29
Eliminations^(c)	(86		)	(78		)	(169		)	(177		)
Total NBCUniversal	8,206			8,273			16,519			17,770

Direct-to-consumer	3,889			—			7,723			—
Content	376			—			746			—
Advertising	563			—			1,156			—
Total Sky	4,828			—			9,625			—

Corporate and Other^(b)	56			96			164			339
Eliminations^(c)	(682		)	(546		)	(1,321		)	(1,198		)
Total revenue	$	26,858		$	21,735		$	53,717		$	44,526


(a)	For both the three and six months ended June 30, 2019, 2.5% of Cable Communications segment revenue was derived from franchise and other regulatory fees. For both the three and six months ended June 30, 2018, 2.7% of Cable Communications segment revenue was derived from franchise and other regulatory fees.


(b)	Comcast Cable’s wireless phone service is now presented in the Cable Communications segment. Results were previously presented in Corporate and Other. We recognize revenue from our wireless phone service as the services are provided, similar to how we recognize revenue for other residential cable services. We recognize revenue from the sale of handsets at the point of sale.


(c)	Included in Eliminations are transactions that our segments enter into with one another. See Note 2 for a description of these transactions.

We operate primarily in the United States but also in select international markets. The table below summarizes revenue by geographic location.



	Three Months Ended June 30				Six Months Ended June 30
(in millions)	2019		2018		2019		2018
United States	$	20,539	$	19,931	$	40,996	$	40,816
Europe	5,297		699		10,667		1,520
Other	1,022		1,105		2,054		2,190
Total revenue	$	26,858	$	21,735	$	53,717	$	44,526

Schedule of receivables, net



(in millions)	June 30, 2019		December 31, 2018
Receivables, gross	$	11,381	$	11,456
Less: Allowance for doubtful accounts	546		352
Receivables, net	$	10,835	$	11,104

Other balance sheet accounts



(in millions)	June 30, 2019		December 31, 2018
Noncurrent receivables, net (included in other noncurrent assets, net)	$	1,306	$	1,399
Contract acquisition and fulfillment costs (included in other noncurrent assets, net)	$	1,037	$	991
Noncurrent deferred revenue (included in other noncurrent liabilities)	$	888	$	650

Disaggregation of revenue



	Three Months Ended June 30						Six Months Ended June 30
(in millions)	2019			2018			2019			2018
Distribution	$	1,707		$	1,650		$	3,442		$	3,511
Advertising	931			929			1,783			1,906
Content licensing and other	309			295			590			614
Total Cable Networks	2,947			2,874			5,815			6,031

Advertising	1,329			1,387			2,646			3,752
Content licensing	472			481			1,032			1,003
Distribution and other	601			523			1,191			1,133
Total Broadcast Television	2,402			2,391			4,869			5,888

Theatrical	252			540			697			963
Content licensing	712			648			1,529			1,381
Home entertainment	229			225			496			473
Other	264			297			503			540
Total Filmed Entertainment	1,457			1,710			3,225			3,357

Total Theme Parks	1,464			1,361			2,740			2,642
Headquarters and Other	45			57			96			108
Eliminations^(a)	(88		)	(80		)	(173		)	(183		)
Total revenue	$	8,227		$	8,313		$	16,572		$	17,843


(a)	Included in Eliminations are transactions that our segments enter into with one another. See Note 2 for a description of these transactions.

We operate primarily in the United States, but also in select international markets primarily in Europe and Asia. The table below summarizes revenue by geographic location.



	Three Months Ended June 30				Six Months Ended June 30
(in millions)	2019		2018		2019		2018
United States	$	6,669	$	6,533	$	13,292	$	14,187
Foreign	1,558		1,780		3,280		3,656
Total revenue	$	8,227	$	8,313	$	16,572	$	17,843

Schedule of receivables, net



(in millions)	June 30, 2019		December 31, 2018
Receivables, gross	$	7,304	$	7,392
Less: Allowance for doubtful accounts	110		99
Receivables, net	$	7,194	$	7,293

Other balance sheet accounts



(in millions)	June 30, 2019		December 31, 2018
Noncurrent receivables, net (included in other noncurrent assets, net)	$	1,181	$	1,180
Noncurrent deferred revenue (included in other noncurrent liabilities)	$	657	$	481

Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2019

Earnings Per Share [Abstract]

Computation of diluted EPS

Computation of Diluted EPS



	Three Months Ended June 30
	2019					2018
(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	$	3,125	4,547	$	0.69	$	3,216	4,598	$	0.70
Effect of dilutive securities:
Assumed exercise or issuance of shares relating to stock plans			60					45
Diluted EPS attributable to Comcast Corporation shareholders	$	3,125	4,607	$	0.68	$	3,216	4,643	$	0.69



	Six Months Ended June 30
	2019					2018
(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	$	6,678	4,540	$	1.47	$	6,334	4,616	$	1.37
Effect of dilutive securities:
Assumed exercise or issuance of shares relating to stock plans			60					58
Diluted EPS attributable to Comcast Corporation shareholders	$	6,678	4,600	$	1.45	$	6,334	4,674	$	1.36

Significant Transactions (Tables)

6 Months Ended

Jun. 30, 2019

Business Combinations [Abstract]

Allocation of Purchase Price

The table below presents the allocation of the all-cash purchase price of £30.2 billion, or $39.4 billion, to the assets and liabilities of Sky as a result of the transaction.



Allocation of Purchase Price
(in millions)
Consideration transferred	$	39,387

Allocation of purchase price
Cash	$	1,283
Accounts receivable and other current assets	2,359
Film and television costs	2,512
Property and equipment	4,127
Intangible assets	19,539
Accounts payable, accrued liabilities and other current liabilities	(5,885		)
Long-term debt	(11,468		)
Deferred tax assets (liabilities), net	(2,974		)
Other noncurrent assets and (liabilities), net	(1,398		)
Fair value of identifiable net assets acquired	8,095
Goodwill	$	31,292

The table below presents the amounts related to these expenses included in our condensed consolidated statement of income.

Unaudited Pro Forma Information



(in millions, except per share data)	Three Months Ended June 30, 2018		Six Months Ended June 30, 2018
Revenue	$	26,653	$	54,415
Net income attributable to Comcast Corporation	$	2,957	$	5,940
Basic earnings per common share attributable to Comcast Corporation shareholders	$	0.65	$	1.29
Diluted earnings per common share attributable to Comcast Corporation shareholders	$	0.64	$	1.27

Film and Television Costs (Tables)

6 Months Ended

Jun. 30, 2019

Film and Television Costs



(in millions)	June 30, 2019		December 31, 2018
Film Costs:
Released, less amortization	$	1,577	$	1,600
Completed, not released	86		144
In production and in development	1,376		1,063
	3,039		2,807
Television Costs:
Released, less amortization	2,278		2,289
In production and in development	1,014		953
	3,292		3,242
Programming rights, less amortization	4,169		5,534
	10,500		11,583
Less: Current portion of programming rights	1,947		3,746
Film and television costs	$	8,553	$	7,837

Film and Television Costs



(in millions)	June 30, 2019		December 31, 2018
Film Costs:
Released, less amortization	$	1,558	$	1,600
Completed, not released	86		144
In production and in development	1,376		1,063
	3,020		2,807
Television Costs:
Released, less amortization	2,165		2,161
In production and in development	1,014		953
	3,179		3,114
Programming rights, less amortization	2,553		2,694
	8,752		8,615
Less: Current portion of programming rights	1,156		1,323
Film and television costs	$	7,596	$	7,292

Investments (Tables)

6 Months Ended

Jun. 30, 2019

Investment and Other Income (Loss), Net



	Three Months Ended June 30						Six Months Ended June 30
(in millions)	2019			2018			2019		2018
Equity in net income (losses) of investees, net	$	(202	)	$	69		$	60	$	20
Realized and unrealized gains (losses) on equity securities, net	194			(40		)	408		(12		)
Other income (loss), net	(47		)	48			153		195
Investment and other income (loss), net	$	(55	)	$	77		$	621	$	203

Investment Summary



(in millions)	June 30, 2019		December 31, 2018
Equity method	$	5,719	$	4,035
Marketable equity securities	577		341
Nonmarketable equity securities	2,057		1,805
Other investments	1,803		1,796
Total investments	10,156		7,977
Less: Current investments	1,718		94
Noncurrent investments	$	8,438	$	7,883

Investment and Other Income (Loss), Net



	Three Months Ended June 30						Six Months Ended June 30
(in millions)	2019			2018			2019			2018
Equity in net income (losses) of investees, net	$	(91	)	$	(87	)	$	(211	)	$	(187	)
Realized and unrealized gains (losses) on equity securities, net	97			(74		)	258			(37		)
Other income (loss), net	34			(7		)	233			52
Investment and other income (loss), net	$	40		$	(168	)	$	280		$	(172	)

Investment Summary



(in millions)	June 30, 2019		December 31, 2018
Equity method	$	1,342	$	707
Marketable equity securities	420		162
Nonmarketable equity securities	916		811
Total investments	$	2,678	$	1,680

Supplemental Financial Information (Tables)

6 Months Ended

Jun. 30, 2019

Supplemental Financial Information [Line Items]

Schedule of future minimum rental commitments for operating leases under new accounting guidance



(in millions)	June 30, 2019		December 31, 2018
Noncurrent receivables, net (included in other noncurrent assets, net)	$	1,306	$	1,399
Contract acquisition and fulfillment costs (included in other noncurrent assets, net)	$	1,037	$	991
Noncurrent deferred revenue (included in other noncurrent liabilities)	$	888	$	650

The table below summarizes our future minimum rental commitments for operating leases as of June 30, 2019 applying the new accounting guidance.



(in millions)	June 30, 2019
Remaining six months of 2019	$	431
2020	856
2021	743
2022	609
2023	514
Thereafter	2,591
Total future minimum lease payments	5,744
Less: imputed interest	1,083
Total liability	$	4,661

Schedule of future minimum rental commitments and rent expense for operating leases under previous accounting guidance



(in millions)			December 31, 2018
2019			$	891
2020			$	824
2021			$	722
2022			$	592
2023			$	513
Thereafter			$	2,608

(in millions)	Three Months Ended June 30, 2018		Six Months Ended June 30, 2018
Rental expense	$	184	$	370

Schedule of recognized share-based compensation expense

Recognized Share-Based Compensation Expense



	Three Months Ended June 30				Six Months Ended June 30
(in millions)	2019		2018		2019		2018
Restricted share units	$	167	$	102	$	294	$	185
Stock options	72		61		119		105
Employee stock purchase plans	6		5		15		17
Total	$	245	$	168	$	428	$	307

Schedule of cash payments for interest and income taxes

Cash Payments for Interest and Income Taxes



	Six Months Ended June 30
(in millions)	2019		2018
Interest	$	2,111	$	1,354
Income taxes	$	1,634	$	623

Schedule of cash, cash equivalents and restricted cash



(in millions)	June 30, 2019		December 31, 2018
Cash and cash equivalents	$	3,919	$	3,814
Restricted cash included in other current assets	79		46
Restricted cash included in other noncurrent assets, net	21		49
Cash, cash equivalents and restricted cash, end of period	$	4,019	$	3,909

Schedule of accumulated other comprehensive income (loss)

Accumulated Other Comprehensive Income (Loss)



(in millions)	June 30, 2019			June 30, 2018
Unrealized gains (losses) on marketable securities	$	5		$	—
Deferred gains (losses) on cash flow hedges	132			26
Unrecognized gains (losses) on employee benefit obligations	309			302
Cumulative translation adjustments	(508		)	133
Accumulated other comprehensive income (loss), net of deferred taxes	$	(62	)	$	461

Accounting Standards Update 2016-02 [Member]

Supplemental Financial Information [Line Items]

The table below summarizes the operating lease assets and liabilities recorded in our condensed consolidated balance sheet.

Condensed Consolidated Balance Sheet



(in millions)	June 30, 2019
Other noncurrent assets, net	$	4,063
Accrued expenses and other current liabilities	$	685
Other noncurrent liabilities	$	3,976

Supplemental Financial Information [Line Items]

Schedule of future minimum rental commitments for operating leases under new accounting guidance



(in millions)	June 30, 2019		December 31, 2018
Noncurrent receivables, net (included in other noncurrent assets, net)	$	1,181	$	1,180
Noncurrent deferred revenue (included in other noncurrent liabilities)	$	657	$	481

The table below summarizes our future minimum rental commitments for operating leases as of June 30, 2019 applying the new accounting guidance.



(in millions)	June 30, 2019
Remaining six months of 2019	$	117
2020	250
2021	217
2022	179
2023	154
Thereafter	1,452
Total future minimum lease payments	2,369
Less: imputed interest	668
Total liability	$	1,701

Schedule of future minimum rental commitments and rent expense for operating leases under previous accounting guidance



(in millions)			December 31, 2018
2019			$	248
2020			$	232
2021			$	199
2022			$	168
2023			$	144
Thereafter			$	1,380

(in millions)	Three Months Ended June 30, 2018		Six Months Ended June 30, 2018
Rental expense	$	74	$	143

Schedule of cash payments for interest and income taxes

Cash Payments for Interest and Income Taxes



	Six Months Ended June 30
(in millions)	2019		2018
Interest	$	217	$	218
Income taxes	$	163	$	225

Schedule of cash, cash equivalents and restricted cash



(in millions)	June 30, 2019		December 31, 2018
Cash and cash equivalents	$	1,244	$	1,444
Restricted cash included in other noncurrent assets, net	20		20
Cash, cash equivalents and restricted cash, end of period	$	1,264	$	1,464

Schedule of accumulated other comprehensive income (loss)

Accumulated Other Comprehensive Income (Loss)



(in millions)	June 30, 2019		June 30, 2018
Deferred gains (losses) on cash flow hedges	$	9	$	8
Unrecognized gains (losses) on employee benefit obligations	135		119
Cumulative translation adjustments	151		91
Accumulated other comprehensive income (loss)	$	295	$	218

NBCUniversal Media LLC [Member] | Accounting Standards Update 2016-02 [Member]

Supplemental Financial Information [Line Items]

The table below summarizes the operating lease assets and liabilities recorded in our condensed consolidated balance sheet.

Condensed Consolidated Balance Sheet



(in millions)	June 30, 2019
Other noncurrent assets, net	$	1,591
Accrued expenses and other current liabilities	$	166
Other noncurrent liabilities	$	1,535

Related Party Transactions (Tables)

6 Months Ended

Jun. 30, 2019

Commitment And Contingencies [Line Items]

The following tables present transactions with Comcast and its consolidated subsidiaries that are included in our condensed consolidated financial statements.

Condensed Consolidated Statement of Income



	Three Months Ended June 30						Six Months Ended June 30
(in millions)	2019			2018			2019			2018
Transactions with Comcast and Consolidated Subsidiaries
Revenue	$	607		$	480		$	1,211		$	1,074
Total costs and expenses	$	(60	)	$	(42	)	$	(125	)	$	(103	)
Interest expense and investment and other income (loss), net	$	6		$	(20	)	$	14		$	(43	)

Condensed Consolidated Balance Sheet



(in millions)	June 30, 2019		December 31, 2018
Transactions with Comcast and Consolidated Subsidiaries
Receivables, net	$	484	$	464
Note receivable from Comcast	$	2,534	$	2,054
Film and television costs	$	27	$	27
Other noncurrent assets, net	$	70	$	—
Accounts payable and accrued expenses related to trade creditors	$	64	$	78
Accrued expenses and other current liabilities	$	42	$	32
Note payable to Comcast	$	197	$	54
Long-term debt	$	768	$	701
Other noncurrent liabilities	$	494	$	410

Commitments and Contingencies (Tables)

6 Months Ended

Jun. 30, 2019

Schedule of future minimum rental commitments for operating leases under new accounting guidance



(in millions)	June 30, 2019		December 31, 2018
Noncurrent receivables, net (included in other noncurrent assets, net)	$	1,306	$	1,399
Contract acquisition and fulfillment costs (included in other noncurrent assets, net)	$	1,037	$	991
Noncurrent deferred revenue (included in other noncurrent liabilities)	$	888	$	650

The table below summarizes our future minimum rental commitments for operating leases as of June 30, 2019 applying the new accounting guidance.



(in millions)	June 30, 2019
Remaining six months of 2019	$	431
2020	856
2021	743
2022	609
2023	514
Thereafter	2,591
Total future minimum lease payments	5,744
Less: imputed interest	1,083
Total liability	$	4,661

Schedule of future minimum rental commitments and rent expense for operating leases under previous accounting guidance



(in millions)			December 31, 2018
2019			$	891
2020			$	824
2021			$	722
2022			$	592
2023			$	513
Thereafter			$	2,608

(in millions)	Three Months Ended June 30, 2018		Six Months Ended June 30, 2018
Rental expense	$	184	$	370

Accounting Standards Update 2016-02 [Member]

Commitment And Contingencies [Line Items]

Condensed Financial Information Disclosure [Abstract]

The table below summarizes the operating lease assets and liabilities recorded in our condensed consolidated balance sheet.

Condensed Consolidated Balance Sheet



(in millions)	June 30, 2019
Other noncurrent assets, net	$	4,063
Accrued expenses and other current liabilities	$	685
Other noncurrent liabilities	$	3,976

Condensed Consolidating Financial Information (Tables)

6 Months Ended

Jun. 30, 2019

Condensed Consolidating Statement of Income

For the Three Months Ended June 30, 2019



(in millions)	Comcast Parent			Comcast Holdings			CCCL Parent			NBCUniversal Media Parent			Non- Guarantor Subsidiaries			Elimination and Consolidation Adjustments			Consolidated Comcast Corporation
Revenue:
Service revenue	$	—		$	—		$	—		$	—		$	26,858		$	—		$	26,858
Management fee revenue	309			—			303			—			—			(612		)	—
Total revenue	309			—			303			—			26,858			(612		)	26,858
Costs and Expenses:
Programming and production	—			—			—			—			8,255			—			8,255
Other operating and administrative	178			—			303			225			7,992			(612		)	8,086
Advertising, marketing and promotion	—			—			—			—			1,885			—			1,885
Depreciation	16			—			—			—			2,181			—			2,197
Amortization	2			—			—			—			1,077			—			1,079
Total costs and expenses	196			—			303			225			21,390			(612		)	21,502
Operating income (loss)	113			—			—			(225		)	5,468			—			5,356
Interest expense	(877		)	(3		)	(47		)	(117		)	(93		)	—			(1,137		)
Investment and other income (loss), net	3,692			3,730			3,376			1,918			1,659			(14,430		)	(55		)
Income (loss) before income taxes	2,928			3,727			3,329			1,576			7,034			(14,430		)	4,164
Income tax (expense) benefit	197			(1		)	10			(5		)	(1,162		)	—			(961		)
Net income (loss)	3,125			3,726			3,339			1,571			5,872			(14,430		)	3,203
Less: Net income (loss) attributable to noncontrolling interests and redeemable subsidiary preferred stock	—			—			—			—			78			—			78
Net income (loss) attributable to Comcast Corporation	$	3,125		$	3,726		$	3,339		$	1,571		$	5,794		$	(14,430	)	$	3,125
Comprehensive income (loss) attributable to Comcast Corporation	$	2,641		$	3,756		$	3,342		$	1,644		$	5,300		$	(14,042	)	$	2,641

Condensed Consolidating Statement of Income

For the Three Months Ended June 30, 2018



(in millions)	Comcast Parent			Comcast Holdings			CCCL Parent			NBCUniversal Media Parent			Non- Guarantor Subsidiaries			Elimination and Consolidation Adjustments			Consolidated Comcast Corporation
Revenue:
Service revenue	$	—		$	—		$	—		$	—		$	21,735		$	—		$	21,735
Management fee revenue	298			—			293			—			—			(591		)	—
Total revenue	298			—			293			—			21,735			(591		)	21,735
Costs and Expenses:
Programming and production	—			—			—			—			6,300			—			6,300
Other operating and administrative	190			—			293			224			6,249			(591		)	6,365
Advertising, marketing and promotion	—			—			—			—			1,653			—			1,653
Depreciation	11			—			—			—			2,010			—			2,021
Amortization	2			—			—			—			580			—			582
Other operating gains	—			—			—			—			(200		)	—			(200		)
Total costs and expenses	203			—			293			224			16,592			(591		)	16,721
Operating income (loss)	95			—			—			(224		)	5,143			—			5,014
Interest expense	(578		)	(3		)	(48		)	(113		)	(64		)	—			(806		)
Investment and other income (loss), net	3,597			3,580			2,999			1,589			1,324			(13,012		)	77
Income (loss) before income taxes	3,114			3,577			2,951			1,252			6,403			(13,012		)	4,285
Income tax (expense) benefit	102			1			10			(5		)	(1,185		)	—			(1,077		)
Net income (loss)	3,216			3,578			2,961			1,247			5,218			(13,012		)	3,208
Less: Net income (loss) attributable to noncontrolling interests and redeemable subsidiary preferred stock	—			—			—			—			(8		)	—			(8		)
Net income (loss) attributable to Comcast Corporation	$	3,216		$	3,578		$	2,961		$	1,247		$	5,226		$	(13,012	)	$	3,216
Comprehensive income (loss) attributable to Comcast Corporation	$	3,069		$	3,527		$	2,960		$	1,069		$	4,903		$	(12,459	)	$	3,069

Condensed Consolidating Statement of Income

For the Six Months Ended June 30, 2019



(in millions)	Comcast Parent			Comcast Holdings			CCCL Parent			NBCUniversal Media Parent			Non- Guarantor Subsidiaries			Elimination and Consolidation Adjustments			Consolidated Comcast Corporation
Revenue:
Service revenue	$	—		$	—		$	—		$	—		$	53,717		$	—		$	53,717
Management fee revenue	614			—			602			—			—			(1,216		)	—
Total revenue	614			—			602			—			53,717			(1,216		)	53,717
Costs and Expenses:
Programming and production	—			—			—			—			16,824			—			16,824
Other operating and administrative	366			—			602			496			15,738			(1,216		)	15,986
Advertising, marketing and promotion	—			—			—			—			3,773			—			3,773
Depreciation	30			—			—			—			4,407			—			4,437
Amortization	3			—			—			—			2,156			—			2,159
Total costs and expenses	399			—			602			496			42,898			(1,216		)	43,179
Operating income (loss)	215			—			—			(496		)	10,819			—			10,538
Interest expense	(1,773		)	(6		)	(96		)	(237		)	(175		)	—			(2,287		)
Investment and other income (loss), net	7,907			7,873			6,690			4,099			3,897			(29,845		)	621
Income (loss) before income taxes	6,349			7,867			6,594			3,366			14,541			(29,845		)	8,872
Income tax (expense) benefit	329			(7		)	20			(11		)	(2,368		)	—			(2,037		)
Net income (loss)	6,678			7,860			6,614			3,355			12,173			(29,845		)	6,835
Less: Net income (loss) attributable to noncontrolling interests and redeemable subsidiary preferred stock	—			—			—			—			157			—			157
Net income (loss) attributable to Comcast Corporation	$	6,678		$	7,860		$	6,614		$	3,355		$	12,016		$	(29,845	)	$	6,678
Comprehensive income (loss) attributable to Comcast Corporation	$	6,984		$	7,878		$	6,617		$	3,396		$	12,460		$	(30,351	)	$	6,984

Condensed Consolidating Statement of Income

For the Six Months Ended June 30, 2018



(in millions)	Comcast Parent			Comcast Holdings			CCCL Parent			NBCUniversal Media Parent			Non- Guarantor Subsidiaries			Elimination and Consolidation Adjustments			Consolidated Comcast Corporation
Revenue:
Service revenue	$	—		$	—		$	—		$	—		$	44,526		$	—		$	44,526
Management fee revenue	590			—			579			—			—			(1,169		)	—
Total revenue	590			—			579			—			44,526			(1,169		)	44,526
Costs and Expenses:
Programming and production	—			—			—			—			13,729			—			13,729
Other operating and administrative	418			—			579			542			12,509			(1,169		)	12,879
Advertising, marketing and promotion	—			—			—			—			3,257			—			3,257
Depreciation	22			—			—			—			4,010			—			4,032
Amortization	3			—			—			—			1,167			—			1,170
Other operating gains	—			—			—			—			(200		)	—			(200		)
Total costs and expenses	443			—			579			542			34,472			(1,169		)	34,867
Operating income (loss)	147			—			—			(542		)	10,054			—			9,659
Interest expense	(1,139		)	(6		)	(95		)	(219		)	(124		)	—			(1,583		)
Investment and other income (loss), net	7,117			6,899			5,825			3,531			2,912			(26,081		)	203
Income (loss) before income taxes	6,125			6,893			5,730			2,770			12,842			(26,081		)	8,279
Income tax (expense) benefit	209			1			19			(10		)	(2,114		)	—			(1,895		)
Net income (loss)	6,334			6,894			5,749			2,760			10,728			(26,081		)	6,384
Less: Net income (loss) attributable to noncontrolling interests and redeemable subsidiary preferred stock	—			—			—			—			50			—			50
Net income (loss) attributable to Comcast Corporation	$	6,334		$	6,894		$	5,749		$	2,760		$	10,678		$	(26,081	)	$	6,334
Comprehensive income (loss) attributable to Comcast Corporation	$	6,340		$	6,896		$	5,749		$	2,765		$	10,694		$	(26,104	)	$	6,340

Condensed Consolidating Statement of Cash Flows

For the Six Months Ended June 30, 2019



(in millions)	Comcast Parent			Comcast Holdings			CCCL Parent			NBCUniversal Media Parent			Non- Guarantor Subsidiaries			Elimination and Consolidation Adjustments		Consolidated Comcast Corporation
Net cash provided by (used in) operating activities	$	(1,375	)	$	186		$	(80	)	$	(640	)	$	16,180		$	—	$	14,271
Investing Activities:
Net transactions with affiliates	5,616			(186		)	80			597			(6,107		)	—		—
Capital expenditures	(9		)	—			—			—			(4,346		)	—		(4,355		)
Cash paid for intangible assets	(2		)	—			—			—			(1,076		)	—		(1,078		)
Acquisitions and construction of real estate properties	(32		)	—			—			—			(4		)	—		(36		)
Construction of Universal Beijing Resort	—			—			—			—			(450		)	—		(450		)
Acquisitions, net of cash acquired	—			—			—			—			(114		)	—		(114		)
Proceeds from sales of businesses and investments	—			—			—			—			150			—		150
Purchases of investments	(18		)	—			—			(63		)	(1,524		)	—		(1,605		)
Other	—			—			—			—			74			—		74
Net cash provided by (used in) investing activities	5,555			(186		)	80			534			(13,397		)	—		(7,414		)
Financing Activities:
Proceeds from (repayments of) short-term borrowings, net	487			—			—			—			(1,288		)	—		(801		)
Proceeds from borrowings	—			—			—			—			363			—		363
Repurchases and repayments of debt	(2,507		)	—			—			(7		)	(1,642		)	—		(4,156		)
Repurchases of common stock under repurchase program and employee plans	(350		)	—			—			—			—			—		(350		)
Dividends paid	(1,823		)	—			—			—			—			—		(1,823		)
Distributions to noncontrolling interests and dividends for redeemable subsidiary preferred stock	—			—			—			—			(155		)	—		(155		)
Other	13			—			—			—			177			—		190
Net cash provided by (used in) financing activities	(4,180		)	—			—			(7		)	(2,545		)	—		(6,732		)
Impact of foreign currency on cash, cash equivalents and restricted cash	—			—			—			—			(15		)	—		(15		)
Increase (decrease) in cash, cash equivalents and restricted cash	—			—			—			(113		)	223			—		110
Cash, cash equivalents and restricted cash, beginning of period	—			—			—			416			3,493			—		3,909
Cash, cash equivalents and restricted cash, end of period	$	—		$	—		$	—		$	303		$	3,716		$	—	$	4,019

Condensed Consolidating Statement of Cash Flows

For the Six Months Ended June 30, 2018



(in millions)	Comcast Parent			Comcast Holdings			CCCL Parent			NBCUniversal Media Parent			Non- Guarantor Subsidiaries			Elimination and Consolidation Adjustments		Consolidated Comcast Corporation
Net cash provided by (used in) operating activities	$	(491	)	$	6		$	(78	)	$	(796	)	$	13,896		$	—	$	12,537
Investing Activities:
Net transactions with affiliates	4,096			(455		)	78			571			(4,290		)	—		—
Capital expenditures	(10		)	—			—			—			(4,213		)	—		(4,223		)
Cash paid for intangible assets	(2		)	—			—			—			(928		)	—		(930		)
Acquisitions and construction of real estate properties	(76		)	—			—			—			(28		)	—		(104		)
Construction of Universal Beijing Resort	—			—			—			—			(116		)	—		(116		)
Acquisitions, net of cash acquired	—			—			—			—			(88		)	—		(88		)
Proceeds from sales of investments	—			—			—			67			46			—		113
Purchases of investments	(28		)	—			—			(30		)	(480		)	—		(538		)
Other	—			449			—			—			131			—		580
Net cash provided by (used in) investing activities	3,980			(6		)	78			608			(9,966		)	—		(5,306		)
Financing Activities:
Proceeds from (repayments of) short-term borrowings, net	(902		)	—			—			—			925			—		23
Proceeds from borrowings	3,973			—			—			—			306			—		4,279
Repurchases and repayments of debt	(1,900		)	—			—			(3		)	(2,444		)	—		(4,347		)
Repurchases of common stock under repurchase program and employee plans	(2,998		)	—			—			—			—			—		(2,998		)
Dividends paid	(1,616		)	—			—			—			—			—		(1,616		)
Distributions to noncontrolling interests and dividends for redeemable subsidiary preferred stock	—			—			—			—			(140		)	—		(140		)
Other	(46		)	—			—			—			(115		)	—		(161		)
Net cash provided by (used in) financing activities	(3,489		)	—			—			(3		)	(1,468		)	—		(4,960		)
Increase (decrease) in cash, cash equivalents and restricted cash	—			—			—			(191		)	2,462			—		2,271
Cash, cash equivalents and restricted cash, beginning of period	—			—			—			496			3,075			—		3,571
Cash, cash equivalents and restricted cash, end of period	$	—		$	—		$	—		$	305		$	5,537		$	—	$	5,842

Condensed Consolidating Balance Sheet

June 30, 2019



(in millions)	Comcast Parent		Comcast Holdings		CCCL Parent		NBCUniversal Media Parent		Non- Guarantor Subsidiaries		Elimination and Consolidation Adjustments			Consolidated Comcast Corporation
Assets
Cash and cash equivalents	$	—	$	—	$	—	$	303	$	3,616	$	—		$	3,919
Receivables, net	—		—		—		—		10,835		—			10,835
Programming rights	—		—		—		—		1,947		—			1,947
Other current assets	115		22		—		22		4,501		—			4,660
Total current assets	115		22		—		325		20,899		—			21,361
Film and television costs	—		—		—		—		8,553		—			8,553
Investments	281		12		148		898		7,099		—			8,438
Investments in and amounts due from subsidiaries eliminated upon consolidation	160,659		147,775		130,444		56,265		98,426		(593,569		)	—
Property and equipment, net	668		—		—		—		45,379		—			46,047
Franchise rights	—		—		—		—		59,365		—			59,365
Goodwill	—		—		—		—		67,945		—			67,945
Other intangible assets, net	10		—		—		—		36,066		—			36,076
Other noncurrent assets, net	1,038		163		—		101		7,935		(467		)	8,770
Total assets	$	162,771	$	147,972	$	130,592	$	57,589	$	351,667	$	(594,036	)	$	256,555
Liabilities and Equity
Accounts payable and accrued expenses related to trade creditors	$	—	$	—	$	—	$	—	$	10,014	$	—		$	10,014
Accrued participations and residuals	—		—		—		—		1,683		—			1,683
Deferred revenue	—		—		—		—		2,642		—			2,642
Accrued expenses and other current liabilities	2,403		244		356		388		6,913		—			10,304
Current portion of long-term debt	2,587		—		—		2,011		1,767		—			6,365
Total current liabilities	4,990		244		356		2,399		23,019		—			31,008
Long-term debt, less current portion	77,782		152		2,100		5,751		15,463		—			101,248
Deferred income taxes	—		334		—		68		28,206		(612		)	27,996
Other noncurrent liabilities	3,149		—		—		1,547		12,303		145			17,144
Redeemable noncontrolling interests and redeemable subsidiary preferred stock	—		—		—		—		1,329		—			1,329
Equity:
Common stock	54		—		—		—		—		—			54
Other shareholders’ equity	76,796		147,242		128,136		47,824		270,367		(593,569		)	76,796
Total Comcast Corporation shareholders’ equity	76,850		147,242		128,136		47,824		270,367		(593,569		)	76,850
Noncontrolling interests	—		—		—		—		980		—			980
Total equity	76,850		147,242		128,136		47,824		271,347		(593,569		)	77,830
Total liabilities and equity	$	162,771	$	147,972	$	130,592	$	57,589	$	351,667	$	(594,036	)	$	256,555

Condensed Consolidating Balance Sheet

December 31, 2018



(in millions)	Comcast Parent		Comcast Holdings		CCCL Parent		NBCUniversal Media Parent		Non- Guarantor Subsidiaries		Elimination and Consolidation Adjustments			Consolidated Comcast Corporation
Assets
Cash and cash equivalents	$	—	$	—	$	—	$	416	$	3,398	$	—		$	3,814
Receivables, net	—		—		—		—		11,104		—			11,104
Programming rights	—		—		—		—		3,746		—			3,746
Other current assets	66		20		—		28		3,070		—			3,184
Total current assets	66		20		—		444		21,318		—			21,848
Film and television costs	—		—		—		—		7,837		—			7,837
Investments	270		11		143		790		6,669		—			7,883
Investments in and amounts due from subsidiaries eliminated upon consolidation	157,264		147,028		130,214		53,853		97,872		(586,231		)	—
Property and equipment, net	670		—		—		—		43,767		—			44,437
Franchise rights	—		—		—		—		59,365		—			59,365
Goodwill	—		—		—		—		66,154		—			66,154
Other intangible assets, net	11		—		—		—		38,347		—			38,358
Other noncurrent assets, net	1,057		208		—		85		4,910		(458		)	5,802
Total assets	$	159,338	$	147,267	$	130,357	$	55,172	$	346,239	$	(586,689	)	$	251,684
Liabilities and Equity
Accounts payable and accrued expenses related to trade creditors	$	2	$	—	$	—	$	—	$	8,492	$	—		$	8,494
Accrued participations and residuals	—		—		—		—		1,808		—			1,808
Deferred revenue	—		—		—		—		2,182		—			2,182
Accrued expenses and other current liabilities	2,357		150		360		282		7,572		—			10,721
Current portion of long-term debt	699		—		—		4		3,695		—			4,398
Total current liabilities	3,058		150		360		286		23,749		—			27,603
Long-term debt, less current portion	81,661		146		2,100		7,748		15,690		—			107,345
Deferred income taxes	—		314		—		65		27,734		(524		)	27,589
Other noncurrent liabilities	3,006		—		—		1,201		11,056		66			15,329
Redeemable noncontrolling interests and redeemable subsidiary preferred stock	—		—		—		—		1,316		—			1,316
Equity:
Common stock	54		—		—		—		—		—			54
Other shareholders’ equity	71,559		146,657		127,897		45,872		265,805		(586,231		)	71,559
Total Comcast Corporation shareholders’ equity	71,613		146,657		127,897		45,872		265,805		(586,231		)	71,613
Noncontrolling interests	—		—		—		—		889		—			889
Total equity	71,613		146,657		127,897		45,872		266,694		(586,231		)	72,502
Total liabilities and equity	$	159,338	$	147,267	$	130,357	$	55,172	$	346,239	$	(586,689	)	$	251,684

Condensed Consolidated Financial Statements (Details) - Sky Limited [Member] $ in Millions, £ in Billions	Oct. 09, 2018 USD ($)	Oct. 09, 2018 GBP (£)
Business Acquisition [Line Items]
Interest in business acquired in acquisition	100.00%	100.00%
Cash consideration transferred by Comcast	$ 39,387	£ 30.2

Segment Information (Details) $ in Millions	3 Months Ended		6 Months Ended
Segment Information (Details) $ in Millions	Jun. 30, 2019 USD ($)	Jun. 30, 2018 USD ($)	Jun. 30, 2019 USD ($) segment	Jun. 30, 2018 USD ($)
Segment Reporting Information [Line Items]
Number of reportable segments \| segment			6
Financial Data by Business Segment
Revenue	$ 26,858	$ 21,735	$ 53,717	$ 44,526
Adjusted EBITDA	8,716	7,417	17,269	14,661
Depreciation and Amortization	3,276	2,603	6,596	5,202
Capital Expenditures	2,263	2,250	4,355	4,223
Cash Paid for Intangible Assets	531	511	$ 1,078	930
NBCUniversal Media LLC [Member]
Segment Reporting Information [Line Items]
Number of reportable segments \| segment			4
Financial Data by Business Segment
Revenue	8,227	8,313	$ 16,572	17,843
Adjusted EBITDA	2,311	2,160	4,658	4,445
Depreciation and Amortization	527	553	1,042	1,063
Capital Expenditures	473	461	926	730
Cash Paid for Intangible Assets	65	166	136	296
Cable Communications [Member]
Financial Data by Business Segment
Revenue	14,450	13,912	28,730	27,615
Cable Networks [Member]
Financial Data by Business Segment
Revenue	2,947	2,874	5,815	6,031
Cable Networks [Member] \| NBCUniversal Media LLC [Member]
Financial Data by Business Segment
Revenue	2,947	2,874	5,815	6,031
Broadcast Television [Member]
Financial Data by Business Segment
Revenue	2,402	2,391	4,869	5,888
Broadcast Television [Member] \| NBCUniversal Media LLC [Member]
Financial Data by Business Segment
Revenue	2,402	2,391	4,869	5,888
Filmed Entertainment [Member]
Financial Data by Business Segment
Revenue	1,457	1,710	3,225	3,357
Filmed Entertainment [Member] \| NBCUniversal Media LLC [Member]
Financial Data by Business Segment
Revenue	1,457	1,710	3,225	3,357
Theme Parks [Member]
Financial Data by Business Segment
Revenue	1,464	1,361	2,740	2,642
Theme Parks [Member] \| NBCUniversal Media LLC [Member]
Financial Data by Business Segment
Revenue	1,464	1,361	2,740	2,642
NBCUniversal Segments [Member]
Financial Data by Business Segment
Revenue	8,206	8,273	16,519	17,770
Adjusted EBITDA	2,324	2,150	4,661	4,421
Depreciation and Amortization	527	553	1,042	1,063
Capital Expenditures	473	461	926	730
Cash Paid for Intangible Assets	65	166	136	296
Sky Limited [Member]
Financial Data by Business Segment
Revenue	4,828	0	9,625	0
Operating Segments [Member] \| Cable Communications [Member]
Financial Data by Business Segment
Revenue	14,450	13,912	28,730	27,615
Adjusted EBITDA	5,854	5,449	11,582	10,666
Depreciation and Amortization	2,036	2,023	4,071	4,084
Capital Expenditures	1,594	1,767	2,957	3,458
Cash Paid for Intangible Assets	303	344	626	631
Operating Segments [Member] \| Cable Networks [Member]
Financial Data by Business Segment
Revenue	2,947	2,874	5,815	6,031
Adjusted EBITDA	1,201	1,176	2,463	2,430
Depreciation and Amortization	183	179	365	368
Capital Expenditures	6	8	12	11
Cash Paid for Intangible Assets	4	5	6	9
Operating Segments [Member] \| Cable Networks [Member] \| NBCUniversal Media LLC [Member]
Financial Data by Business Segment
Revenue	2,947	2,874	5,815	6,031
Adjusted EBITDA	1,201	1,176	2,463	2,430
Depreciation and Amortization	183	179	365	368
Capital Expenditures	6	8	12	11
Cash Paid for Intangible Assets	4	5	6	9
Operating Segments [Member] \| Broadcast Television [Member]
Financial Data by Business Segment
Revenue	2,402	2,391	4,869	5,888
Adjusted EBITDA	534	417	921	924
Depreciation and Amortization	40	40	79	74
Capital Expenditures	37	32	50	62
Cash Paid for Intangible Assets	3	3	6	75
Operating Segments [Member] \| Broadcast Television [Member] \| NBCUniversal Media LLC [Member]
Financial Data by Business Segment
Revenue	2,402	2,391	4,869	5,888
Adjusted EBITDA	534	417	921	924
Depreciation and Amortization	40	40	79	74
Capital Expenditures	37	32	50	62
Cash Paid for Intangible Assets	3	3	6	75
Operating Segments [Member] \| Filmed Entertainment [Member]
Financial Data by Business Segment
Revenue	1,457	1,710	3,225	3,357
Adjusted EBITDA	183	138	547	341
Depreciation and Amortization	20	63	39	91
Capital Expenditures	4	8	8	15
Cash Paid for Intangible Assets	6	8	11	14
Operating Segments [Member] \| Filmed Entertainment [Member] \| NBCUniversal Media LLC [Member]
Financial Data by Business Segment
Revenue	1,457	1,710	3,225	3,357
Adjusted EBITDA	183	138	547	341
Depreciation and Amortization	20	63	39	91
Capital Expenditures	4	8	8	15
Cash Paid for Intangible Assets	6	8	11	14
Operating Segments [Member] \| Theme Parks [Member]
Financial Data by Business Segment
Revenue	1,464	1,361	2,740	2,642
Adjusted EBITDA	590	569	1,088	1,064
Depreciation and Amortization	170	167	332	322
Capital Expenditures	378	360	772	542
Cash Paid for Intangible Assets	17	119	36	135
Operating Segments [Member] \| Theme Parks [Member] \| NBCUniversal Media LLC [Member]
Financial Data by Business Segment
Revenue	1,464	1,361	2,740	2,642
Adjusted EBITDA	590	569	1,088	1,064
Depreciation and Amortization	170	167	332	322
Capital Expenditures	378	360	772	542
Cash Paid for Intangible Assets	17	119	36	135
Operating Segments [Member] \| Sky Limited [Member]
Financial Data by Business Segment
Revenue	4,828		9,625
Adjusted EBITDA	772		1,435
Depreciation and Amortization	673		1,414
Capital Expenditures	177		436
Cash Paid for Intangible Assets	152		303
Corporate, Non-Segment [Member]
Financial Data by Business Segment
Revenue	56	96	164	339
Adjusted EBITDA	(213)	(192)	(400)	(377)
Depreciation and Amortization	40	27	69	55
Capital Expenditures	19	22	36	35
Cash Paid for Intangible Assets	11	1	13	3
Corporate, Non-Segment [Member] \| NBCUniversal Media LLC [Member]
Financial Data by Business Segment
Revenue	45	57	96	108
Adjusted EBITDA	(195)	(138)	(359)	(312)
Depreciation and Amortization	114	104	227	208
Capital Expenditures	48	53	84	100
Cash Paid for Intangible Assets	35	31	77	63
Corporate, Non-Segment [Member] \| NBCUniversal Segments [Member]
Financial Data by Business Segment
Revenue	22	15	39	29
Adjusted EBITDA	(182)	(148)	(356)	(336)
Depreciation and Amortization	114	104	227	208
Capital Expenditures	48	53	84	100
Cash Paid for Intangible Assets	35	31	77	63
Eliminations [Member]
Financial Data by Business Segment
Revenue	(682)	(546)	(1,321)	(1,198)
Adjusted EBITDA	(21)	10	(9)	(49)
Depreciation and Amortization	0	0	0	0
Capital Expenditures	0	0	0	0
Cash Paid for Intangible Assets	0	0	0	0
Eliminations [Member] \| NBCUniversal Media LLC [Member]
Financial Data by Business Segment
Revenue	(88)	(80)	(173)	(183)
Adjusted EBITDA	(2)	(2)	(2)	(2)
Depreciation and Amortization	0	0	0	0
Capital Expenditures	0	0	0	0
Cash Paid for Intangible Assets	0	0	0	0
Eliminations [Member] \| NBCUniversal Segments [Member]
Financial Data by Business Segment
Revenue	(86)	(78)	(169)	(177)
Adjusted EBITDA	(2)	(2)	(2)	(2)
Depreciation and Amortization	0	0	0	0
Capital Expenditures	0	0	0	0
Cash Paid for Intangible Assets	$ 0	$ 0	$ 0	$ 0

Segment Information (Reconciliation of Adjusted EBITDA from Segment to Consolidated Statements) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Adjusted EBITDA	$ 8,716	$ 7,417	$ 17,269	$ 14,661
Adjustment for Sky transaction-related costs	(84)	0	(135)	0
Depreciation	(2,197)	(2,021)	(4,437)	(4,032)
Amortization	(1,079)	(582)	(2,159)	(1,170)
Other operating gains	0	200	0	200
Interest expense	(1,137)	(806)	(2,287)	(1,583)
Investment and other income (loss), net	(55)	77	621	203
Income before income taxes	4,164	4,285	8,872	8,279
NBCUniversal Media LLC [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Adjusted EBITDA	2,311	2,160	4,658	4,445
Depreciation	(253)	(258)	(496)	(500)
Amortization	(274)	(295)	(546)	(563)
Interest expense	(122)	(133)	(253)	(260)
Investment and other income (loss), net	40	(168)	280	(172)
Income before income taxes	$ 1,702	$ 1,306	$ 3,643	$ 2,950

Revenue (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
Revenue (Details) - USD ($) $ in Millions	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Disaggregation of Revenue [Line Items]
Revenue	$ 26,858	$ 21,735	$ 53,717	$ 44,526
Cable Communications [Member]
Disaggregation of Revenue [Line Items]
Revenue	14,450	13,912	28,730	27,615
Cable Communications [Member] \| Residential, High-Speed Internet [Member]
Disaggregation of Revenue [Line Items]
Revenue	4,663	4,262	9,240	8,419
Cable Communications [Member] \| Residential, Video [Member]
Disaggregation of Revenue [Line Items]
Revenue	5,594	5,628	11,222	11,287
Cable Communications [Member] \| Residential, Voice [Member]
Disaggregation of Revenue [Line Items]
Revenue	982	994	1,972	2,000
Cable Communications [Member] \| Residential, Wireless [Member]
Disaggregation of Revenue [Line Items]
Revenue	244	202	469	387
Cable Communications [Member] \| Business Services [Member]
Disaggregation of Revenue [Line Items]
Revenue	1,933	1,761	3,824	3,487
Cable Communications [Member] \| Advertising [Member]
Disaggregation of Revenue [Line Items]
Revenue	607	666	1,163	1,248
Cable Communications [Member] \| Other [Member]
Disaggregation of Revenue [Line Items]
Revenue	$ 427	$ 399	$ 840	$ 787
Cable Communications [Member] \| Franchise And Other Regulatory Fees [Member]
Disaggregation of Revenue [Line Items]
Cable segment revenue types as percentage of total cable revenue	2.50%	2.70%	2.50%	2.70%
Cable Networks [Member]
Disaggregation of Revenue [Line Items]
Revenue	$ 2,947	$ 2,874	$ 5,815	$ 6,031
Cable Networks [Member] \| Distribution [Member]
Disaggregation of Revenue [Line Items]
Revenue	1,707	1,650	3,442	3,511
Cable Networks [Member] \| Advertising [Member]
Disaggregation of Revenue [Line Items]
Revenue	931	929	1,783	1,906
Cable Networks [Member] \| Content Licensing And Other [Member]
Disaggregation of Revenue [Line Items]
Revenue	309	295	590	614
Broadcast Television [Member]
Disaggregation of Revenue [Line Items]
Revenue	2,402	2,391	4,869	5,888
Broadcast Television [Member] \| Advertising [Member]
Disaggregation of Revenue [Line Items]
Revenue	1,329	1,387	2,646	3,752
Broadcast Television [Member] \| Content Licensing [Member]
Disaggregation of Revenue [Line Items]
Revenue	472	481	1,032	1,003
Broadcast Television [Member] \| Distribution And Other [Member]
Disaggregation of Revenue [Line Items]
Revenue	601	523	1,191	1,133
Filmed Entertainment [Member]
Disaggregation of Revenue [Line Items]
Revenue	1,457	1,710	3,225	3,357
Filmed Entertainment [Member] \| Content Licensing [Member]
Disaggregation of Revenue [Line Items]
Revenue	712	648	1,529	1,381
Filmed Entertainment [Member] \| Theatrical [Member]
Disaggregation of Revenue [Line Items]
Revenue	252	540	697	963
Filmed Entertainment [Member] \| Home Entertainment [Member]
Disaggregation of Revenue [Line Items]
Revenue	229	225	496	473
Filmed Entertainment [Member] \| Other [Member]
Disaggregation of Revenue [Line Items]
Revenue	264	297	503	540
Theme Parks [Member]
Disaggregation of Revenue [Line Items]
Revenue	1,464	1,361	2,740	2,642
NBCUniversal Segments [Member]
Disaggregation of Revenue [Line Items]
Revenue	8,206	8,273	16,519	17,770
Sky Limited [Member]
Disaggregation of Revenue [Line Items]
Revenue	4,828	0	9,625	0
Sky Limited [Member] \| Advertising [Member]
Disaggregation of Revenue [Line Items]
Revenue	563	0	1,156	0
Sky Limited [Member] \| Direct To Consumer [Member]
Disaggregation of Revenue [Line Items]
Revenue	3,889	0	7,723	0
Sky Limited [Member] \| Content [Member]
Disaggregation of Revenue [Line Items]
Revenue	376	0	746	0
Corporate, Non-Segment [Member]
Disaggregation of Revenue [Line Items]
Revenue	56	96	164	339
Corporate, Non-Segment [Member] \| NBCUniversal Segments [Member]
Disaggregation of Revenue [Line Items]
Revenue	22	15	39	29
Eliminations [Member]
Disaggregation of Revenue [Line Items]
Revenue	(682)	(546)	(1,321)	(1,198)
Eliminations [Member] \| NBCUniversal Segments [Member]
Disaggregation of Revenue [Line Items]
Revenue	(86)	(78)	(169)	(177)
NBCUniversal Media LLC [Member]
Disaggregation of Revenue [Line Items]
Revenue	8,227	8,313	16,572	17,843
NBCUniversal Media LLC [Member] \| Cable Networks [Member]
Disaggregation of Revenue [Line Items]
Revenue	2,947	2,874	5,815	6,031
NBCUniversal Media LLC [Member] \| Cable Networks [Member] \| Distribution [Member]
Disaggregation of Revenue [Line Items]
Revenue	1,707	1,650	3,442	3,511
NBCUniversal Media LLC [Member] \| Cable Networks [Member] \| Advertising [Member]
Disaggregation of Revenue [Line Items]
Revenue	931	929	1,783	1,906
NBCUniversal Media LLC [Member] \| Cable Networks [Member] \| Content Licensing And Other [Member]
Disaggregation of Revenue [Line Items]
Revenue	309	295	590	614
NBCUniversal Media LLC [Member] \| Broadcast Television [Member]
Disaggregation of Revenue [Line Items]
Revenue	2,402	2,391	4,869	5,888
NBCUniversal Media LLC [Member] \| Broadcast Television [Member] \| Advertising [Member]
Disaggregation of Revenue [Line Items]
Revenue	1,329	1,387	2,646	3,752
NBCUniversal Media LLC [Member] \| Broadcast Television [Member] \| Content Licensing [Member]
Disaggregation of Revenue [Line Items]
Revenue	472	481	1,032	1,003
NBCUniversal Media LLC [Member] \| Broadcast Television [Member] \| Distribution And Other [Member]
Disaggregation of Revenue [Line Items]
Revenue	601	523	1,191	1,133
NBCUniversal Media LLC [Member] \| Filmed Entertainment [Member]
Disaggregation of Revenue [Line Items]
Revenue	1,457	1,710	3,225	3,357
NBCUniversal Media LLC [Member] \| Filmed Entertainment [Member] \| Content Licensing [Member]
Disaggregation of Revenue [Line Items]
Revenue	712	648	1,529	1,381
NBCUniversal Media LLC [Member] \| Filmed Entertainment [Member] \| Theatrical [Member]
Disaggregation of Revenue [Line Items]
Revenue	252	540	697	963
NBCUniversal Media LLC [Member] \| Filmed Entertainment [Member] \| Home Entertainment [Member]
Disaggregation of Revenue [Line Items]
Revenue	229	225	496	473
NBCUniversal Media LLC [Member] \| Filmed Entertainment [Member] \| Other [Member]
Disaggregation of Revenue [Line Items]
Revenue	264	297	503	540
NBCUniversal Media LLC [Member] \| Theme Parks [Member]
Disaggregation of Revenue [Line Items]
Revenue	1,464	1,361	2,740	2,642
NBCUniversal Media LLC [Member] \| Corporate, Non-Segment [Member]
Disaggregation of Revenue [Line Items]
Revenue	45	57	96	108
NBCUniversal Media LLC [Member] \| Eliminations [Member]
Disaggregation of Revenue [Line Items]
Revenue	$ (88)	$ (80)	$ (173)	$ (183)

Revenue (Revenue by Geographic Location) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Disaggregation of Revenue [Line Items]
Revenue	$ 26,858	$ 21,735	$ 53,717	$ 44,526
United States [Member]
Disaggregation of Revenue [Line Items]
Revenue	20,539	19,931	40,996	40,816
Europe [Member]
Disaggregation of Revenue [Line Items]
Revenue	5,297	699	10,667	1,520
Other [Member]
Disaggregation of Revenue [Line Items]
Revenue	1,022	1,105	2,054	2,190
NBCUniversal Media LLC [Member]
Disaggregation of Revenue [Line Items]
Revenue	8,227	8,313	16,572	17,843
NBCUniversal Media LLC [Member] \| United States [Member]
Disaggregation of Revenue [Line Items]
Revenue	6,669	6,533	13,292	14,187
NBCUniversal Media LLC [Member] \| Foreign [Member]
Disaggregation of Revenue [Line Items]
Revenue	$ 1,558	$ 1,780	$ 3,280	$ 3,656

Revenue (Condensed Consolidated Balance Sheet) (Details) - USD ($) $ in Millions	Jun. 30, 2019	Dec. 31, 2018
Condensed Consolidated Balance Sheet [Line Items]
Receivables, gross	$ 11,381	$ 11,456
Less: Allowance for doubtful accounts	546	352
Receivables, net	10,835	11,104
Noncurrent receivables, net (included in other noncurrent assets, net)	1,306	1,399
Contract acquisition and fulfillment costs (included in other noncurrent assets, net)	1,037	991
Noncurrent deferred revenue (included in other noncurrent liabilities)	888	650
NBCUniversal Media LLC [Member]
Condensed Consolidated Balance Sheet [Line Items]
Receivables, gross	7,304	7,392
Less: Allowance for doubtful accounts	110	99
Receivables, net	7,194	7,293
Noncurrent receivables, net (included in other noncurrent assets, net)	1,181	1,180
Noncurrent deferred revenue (included in other noncurrent liabilities)	$ 657	$ 481

Earnings Per Share (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Earnings Per Share [Abstract]
Net Income Attributable to Comcast Corporation	$ 3,125	$ 3,216	$ 6,678	$ 6,334
Basic EPS attributable to Comcast Corporation shareholders (in shares)	4,547	4,598	4,540	4,616
Basic earnings per common share attributable to Comcast Corporation shareholders (in dollars per share)	$ 0.69	$ 0.70	$ 1.47	$ 1.37
Effect of dilutive securities:
Net Income Attributable to Comcast Corporation	$ 3,125	$ 3,216	$ 6,678	$ 6,334
Assumed exercise or issuance of shares relating to stock plans (in shares)	60	45	60	58
Diluted EPS attributable to Comcast Corporation shareholders (in shares)	4,607	4,643	4,600	4,674
Diluted earnings per common share attributable to Comcast Corporation shareholders (in dollars per share)	$ 0.68	$ 0.69	$ 1.45	$ 1.36

The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period.

+ References

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-Name Accounting Standards Codification
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+ Details

The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
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+ Details

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References + Details

Long-Term Debt (Narrative) (Details) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018
Debt Instrument [Line Items]
Total carrying value of debt	$ 107,600
Total fair value of debt	118,500
Borrowings	363	$ 4,279
Repayments of debt	4,156	4,347
NBCUniversal Media LLC [Member]
Debt Instrument [Line Items]
Total carrying value of debt	13,400
Total fair value of debt	14,200
Borrowings	426	245
Repayments of debt	91	$ 332
Universal Beijing Resort Term Loans [Member]
Debt Instrument [Line Items]
Borrowings	363
Universal Beijing Resort Term Loans [Member] \| NBCUniversal Media LLC [Member]
Debt Instrument [Line Items]
Borrowings	363
Universal Studios Japan Term Loans Maturing 2022 [Member] \| NBCUniversal Media LLC [Member]
Debt Instrument [Line Items]
Repayments of debt	$ 73

Long-Term Debt (Revolving Credit Facilities) (Details) £ in Billions	6 Months Ended
	Jun. 30, 2019 USD ($)	Feb. 28, 2019 GBP (£)
Sky Revolving Credit Facility [Member]
Line of Credit Facility [Line Items]
Net repayments of credit facility	$ 615,000,000
Credit facility terminated \| £		£ 1
Revolving Credit Facility [Member]
Line of Credit Facility [Line Items]
Amount outstanding under credit facility	0
Amounts available under revolving credit facilities	$ 8,700,000,000

The carrying value as of the balance sheet date of the current and noncurrent portions of long-term obligations drawn from a line of credit, which is a bank's commitment to make loans up to a specific amount. Examples of items that might be included in the application of this element may consist of letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to a maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. Includes short-term obligations that would normally be classified as current liabilities but for which (a) postbalance sheet date issuance of a long term obligation to refinance the short term obligation on a long term basis, or (b) the enterprise has entered into a financing agreement that clearly permits the enterprise to refinance the short-term obligation on a long term basis and the following conditions are met (1) the agreement does not expire within 1 year and is not cancelable by the lender except for violation of an objectively determinable provision, (2) no violation exists at the BS date, and (3) the lender has entered into the financing agreement is expected to be financially capable of honoring the agreement.

+ References + Details

Long-Term Debt (Commercial Paper Programs) (Details)	6 Months Ended
Long-Term Debt (Commercial Paper Programs) (Details)	Jun. 30, 2019 USD ($)
Short-term Debt [Line Items]
Net repayments of commercial paper	$ 186,000,000
Commercial Paper [Member]
Short-term Debt [Line Items]
Commercial paper outstanding	488,000,000
NBCUniversal Enterprise [Member] \| Commercial Paper [Member]
Short-term Debt [Line Items]
Commercial paper outstanding	$ 0

Long-Term Debt (Guarantee Structure) (Details) $ in Millions, ¥ in Billions, ¥ in Billions	Jun. 30, 2019 USD ($)	Jun. 30, 2019 JPY (¥)	Jun. 30, 2019 CNY (¥)
Guarantor Subsidiaries [Member]
Debt Instrument [Line Items]
Principal amount of debt securities subject to guarantee	$ 92,100
NBCUniversal Enterprise Debt Securities [Member]
Debt Instrument [Line Items]
Principal amount of debt securities subject to guarantee	1,500
Universal Studios Japan Term Loans Maturing March 2022 [Member]
Debt Instrument [Line Items]
Principal amount of debt securities subject to guarantee	3,500	¥ 382
Universal Beijing Resort Term Loans [Member]
Debt Instrument [Line Items]
Principal amount of debt securities not subject to guarantee	936		¥ 6.4
Sky Senior Notes [Member]
Debt Instrument [Line Items]
Principal amount of debt securities subject to guarantee	$ 10,000
NBCUniversal Media LLC [Member]
Debt Instrument [Line Items]
Ownership in cable holding company subsidiaries	100.00%	100.00%	100.00%
NBCUniversal Media LLC [Member] \| NBCUniversal Enterprise [Member]
Debt Instrument [Line Items]
Related party aggregate principal amount debt securities not subject to guarantee	$ 1,500
Related party liquidation preference preferred stock not subject to guarantee	725
NBCUniversal Media LLC [Member] \| Comcast and Comcast Cable Debt Securities [Member]
Debt Instrument [Line Items]
Principal amount of debt securities subject to guarantee	84,400
NBCUniversal Media LLC [Member] \| Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Guarantee obligations, maximum capacity of credit facility	$ 7,600

Significant Transactions (Sky Transaction) (Details) - Sky Limited [Member] £ / shares in Units, $ in Millions, £ in Billions			3 Months Ended
	Oct. 09, 2018 USD ($)	Oct. 09, 2018 GBP (£)	Mar. 31, 2019 USD ($)	Oct. 09, 2018 £ / shares
Business Acquisition [Line Items]
Shares acquired, share price (in gbp per share) \| £ / shares				£ 17.28
Percentage of voting interests acquired in period	100.00%	100.00%
Cash consideration	$ 39,387	£ 30.2
Deferred tax assets related to net operating losses			$ 1,200
Goodwill purchase accounting adjustment			1,400
Incremental depreciation and amortization			$ 53
Property and equipment	4,127
Trade Names [Member]
Business Acquisition [Line Items]
Indefinite-lived intangible assets acquired	5,800
Customer Relationships [Member]
Business Acquisition [Line Items]
Finite-lived intangible assets acquired	$ 9,500
Customer Relationships [Member] \| Minimum [Member]
Business Acquisition [Line Items]
Estimated weighted average useful life	6 years	6 years
Customer Relationships [Member] \| Maximum [Member]
Business Acquisition [Line Items]
Estimated weighted average useful life	19 years	19 years
Developed Technology and Software [Member]
Business Acquisition [Line Items]
Finite-lived intangible assets acquired	$ 4,300
Developed Technology and Software [Member] \| Minimum [Member]
Business Acquisition [Line Items]
Estimated weighted average useful life	4 years	4 years
Developed Technology and Software [Member] \| Maximum [Member]
Business Acquisition [Line Items]
Estimated weighted average useful life	9 years	9 years
Customer Premise Equipment [Member]
Business Acquisition [Line Items]
Property and equipment	$ 1,400
Customer Premise Equipment [Member] \| Minimum [Member]
Business Acquisition [Line Items]
Estimated useful lives	5 years	5 years
Customer Premise Equipment [Member] \| Maximum [Member]
Business Acquisition [Line Items]
Estimated useful lives	7 years	7 years

Significant Transactions (Allocation of Purchase Price) (Details) - Oct. 09, 2018 - Sky Limited [Member] $ in Millions, £ in Billions	USD ($)	GBP (£)
Business Acquisition [Line Items]
Consideration transferred	$ 39,387	£ 30.2
Cash	1,283
Accounts receivable and other current assets	2,359
Film and television costs	2,512
Property and equipment	4,127
Intangible assets	19,539
Accounts payable, accrued liabilities and other current liabilities	(5,885)
Long-term debt	(11,468)
Deferred tax assets (liabilities), net	(2,974)
Other noncurrent assets and (liabilities), net	(1,398)
Fair value of identifiable net assets acquired	8,095
Goodwill	$ 31,292

Significant Transactions (Acquisition-Related Expenses) (Details) - Sky Limited [Member] - USD ($) $ in Millions	3 Months Ended	6 Months Ended
	Jun. 30, 2018	Jun. 30, 2018
Business Acquisition [Line Items]
Other operating and administrative expenses	$ 11	$ 21
Interest expense	$ 11	$ 11

Significant Transactions (Unaudited Pro Forma Information) (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended	6 Months Ended
	Jun. 30, 2018	Jun. 30, 2018
Business Combinations [Abstract]
Revenue	$ 26,653	$ 54,415
Net income attributable to Comcast Corporation	$ 2,957	$ 5,940
Basic earnings per common share attributable to Comcast Corporation shareholders (in dollars per share)	$ 0.65	$ 1.29
Diluted earnings per common share attributable to Comcast Corporation shareholders (in dollars per share)	$ 0.64	$ 1.27

Significant Transactions (Universal Beijing Resort) (Details) $ in Millions, ¥ in Billions	Jun. 30, 2019 USD ($)	Jun. 30, 2019 CNY (¥)
Universal Beijing Resort [Member]
Variable Interest Entity [Line Items]
Ownership percentage in variable interest entity	30.00%	30.00%
Maximum borrowing capacity of variable interest entity	$ 4,000	¥ 26.6
Consolidated variable interest entity's assets included in condensed consolidated balance sheet	2,100
Consolidated variable interest entity's liabilities included in condensed consolidated balance sheet	$ 1,500
NBCUniversal Media LLC [Member] \| Universal Beijing Resort [Member]
Variable Interest Entity [Line Items]
Ownership percentage in variable interest entity	30.00%	30.00%
Maximum borrowing capacity of variable interest entity	$ 4,000	¥ 26.6
Consolidated variable interest entity's assets included in condensed consolidated balance sheet	2,100
Consolidated variable interest entity's liabilities included in condensed consolidated balance sheet	1,500
NBCUniversal Media LLC [Member] \| Universal Beijing Resort term loans [Member]
Variable Interest Entity [Line Items]
Proceeds from borrowings	936
Universal Beijing Resort term loans [Member]
Variable Interest Entity [Line Items]
Proceeds from borrowings	$ 936

Recent Accounting Pronouncements (Narrative) (Details) - USD ($) $ in Millions	Jun. 30, 2019	Jan. 01, 2019
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Operating lease liabilities	$ 4,661
NBCUniversal Media LLC [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Operating lease liabilities	$ 1,701
Accounting Standards Update 2016-02 [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Operating lease assets		$ 4,200
Operating lease liabilities		4,800
Finance lease liabilities		787
Accounting Standards Update 2016-02 [Member] \| Sky Limited [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Additional finance lease liability		229
Accounting Standards Update 2016-02 [Member] \| NBCUniversal Media LLC [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Operating lease assets		1,700
Operating lease liabilities		1,800
Finance lease liabilities		$ 332

Film and Television Costs (Film and Television Costs) (Details) - USD ($) $ in Millions	Jun. 30, 2019	Dec. 31, 2018
Film Costs:
Released, less amortization	$ 1,577	$ 1,600
Completed, not released	86	144
In production and in development	1,376	1,063
Total film costs	3,039	2,807
Television Costs:
Released, less amortization	2,278	2,289
In production and in development	1,014	953
Total television costs	3,292	3,242
Programming rights, less amortization	4,169	5,534
Total film costs, television costs and programming rights	10,500	11,583
Less: Current portion of programming rights	1,947	3,746
Film and television costs	8,553	7,837
NBCUniversal Media LLC [Member]
Film Costs:
Released, less amortization	1,558	1,600
Completed, not released	86	144
In production and in development	1,376	1,063
Total film costs	3,020	2,807
Television Costs:
Released, less amortization	2,165	2,161
In production and in development	1,014	953
Total television costs	3,179	3,114
Programming rights, less amortization	2,553	2,694
Total film costs, television costs and programming rights	8,752	8,615
Less: Current portion of programming rights	1,156	1,323
Film and television costs	$ 7,596	$ 7,292

Investments (Investment and Other Income (Loss), Net) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Investment and Other Income (Loss), Net [Line Items]
Equity in net income (losses) of investees, net	$ (202)	$ 69	$ 60	$ 20
Realized and unrealized gains (losses) on equity securities, net	194	(40)	408	(12)
Other income (loss), net	(47)	48	153	195
Investment and other income (loss), net	(55)	77	621	203
NBCUniversal Media LLC [Member]
Investment and Other Income (Loss), Net [Line Items]
Equity in net income (losses) of investees, net	(91)	(87)	(211)	(187)
Realized and unrealized gains (losses) on equity securities, net	97	(74)	258	(37)
Other income (loss), net	34	(7)	233	52
Investment and other income (loss), net	$ 40	$ (168)	$ 280	$ (172)

Investments (Schedule of Investments) (Details) - USD ($) $ in Millions	Jun. 30, 2019	Dec. 31, 2018
Schedule of Investments [Line Items]
Equity method	$ 5,719	$ 4,035
Marketable equity securities	577	341
Nonmarketable equity securities	2,057	1,805
Other investments	1,803	1,796
Total investments	10,156	7,977
Less: Current investments	1,718	94
Noncurrent investments	8,438	7,883
NBCUniversal Media LLC [Member]
Schedule of Investments [Line Items]
Equity method	1,342	707
Marketable equity securities	420	162
Nonmarketable equity securities	916	811
Total investments	2,678	1,680
Noncurrent investments	$ 2,678	$ 1,680

Investments (Equity Method Investments) (Details) - USD ($)	1 Months Ended		3 Months Ended			6 Months Ended
	May 31, 2019	Mar. 31, 2018	Jun. 30, 2019	Mar. 31, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018	Apr. 30, 2019	Dec. 31, 2018	Aug. 31, 2016	Jul. 31, 2016
Schedule of Equity Method Investments [Line Items]
Equity in net income (losses) of investees, net			$ (202,000,000)		$ 69,000,000	$ 60,000,000	$ 20,000,000
Equity method investments			5,719,000,000			5,719,000,000			$ 4,035,000,000
Atairos [Member]
Schedule of Equity Method Investments [Line Items]
Pretax gain, sale of business to Atairos					200,000,000		200,000,000
Atairos [Member]
Schedule of Equity Method Investments [Line Items]
Equity in net income (losses) of investees, net			(106,000,000)		151,000,000	268,000,000	186,000,000
Cash capital contributions for equity method investments						463,000,000	112,000,000
Equity method investments			3,400,000,000			3,400,000,000			2,700,000,000
Hulu [Member]
Schedule of Equity Method Investments [Line Items]
Ownership percentage	33.00%							30.00%		30.00%	33.00%
Cash capital contributions for equity method investments	$ 477,000,000					903,000,000	227,000,000
Maximum total capital call in annual period	$ 1,500,000,000
Ownership percentage floor	21.00%
Fair market value assessment floor for put and call option	$ 27,500,000,000
Ownership percentage representing fair market value floor for put and call option	100.00%
Minimum guaranteed proceeds floor for put and call option	$ 5,800,000,000
Recognition of previously deferred gain				$ 159,000,000
Equity in net income (losses) of investees, net			(109,000,000)		(107,000,000)	(250,000,000)	(238,000,000)
Equity method investments			857,000,000			857,000,000			248,000,000
Hulu [Member] \| Time Warner, Inc. [Member]
Schedule of Equity Method Investments [Line Items]
Ownership percentage										10.00%
Hulu [Member] \| AT&T Inc. [Member]
Schedule of Equity Method Investments [Line Items]
Ownership percentage	10.00%
The Weather Channel [Member]
Schedule of Equity Method Investments [Line Items]
Pretax gain on sale of investment		$ 64,000,000
NBCUniversal Media LLC [Member]
Schedule of Equity Method Investments [Line Items]
Equity in net income (losses) of investees, net			(91,000,000)		(87,000,000)	(211,000,000)	(187,000,000)
Equity method investments			1,342,000,000			1,342,000,000			707,000,000
NBCUniversal Media LLC [Member] \| Hulu [Member]
Schedule of Equity Method Investments [Line Items]
Ownership percentage	33.00%							30.00%		30.00%	33.00%
Cash capital contributions for equity method investments	$ 477,000,000					903,000,000	227,000,000
Maximum total capital call in annual period	$ 1,500,000,000
Ownership percentage floor	21.00%
Fair market value assessment floor for put and call option	$ 27,500,000,000
Ownership percentage representing fair market value floor for put and call option	100.00%
Minimum guaranteed proceeds floor for put and call option	$ 5,800,000,000
Recognition of previously deferred gain				$ 159,000,000
Equity in net income (losses) of investees, net			(109,000,000)		$ (107,000,000)	(250,000,000)	$ (238,000,000)
Equity method investments			$ 857,000,000			$ 857,000,000			$ 248,000,000
NBCUniversal Media LLC [Member] \| Hulu [Member] \| Time Warner, Inc. [Member]
Schedule of Equity Method Investments [Line Items]
Ownership percentage										10.00%
NBCUniversal Media LLC [Member] \| Hulu [Member] \| AT&T Inc. [Member]
Schedule of Equity Method Investments [Line Items]
Ownership percentage	10.00%
NBCUniversal Media LLC [Member] \| The Weather Channel [Member]
Schedule of Equity Method Investments [Line Items]
Pretax gain on sale of investment		$ 64,000,000

Investments (Marketable Equity Securities) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018	Dec. 31, 2018
Schedule of Marketable Equity Securities [Line Items]
Marketable equity securities	$ 577		$ 577		$ 341
NBCUniversal Media LLC [Member]
Schedule of Marketable Equity Securities [Line Items]
Marketable equity securities	420		420		162
Snap [Member]
Schedule of Marketable Equity Securities [Line Items]
Marketable equity securities, recognized unrealized gains (losses)	96	$ (82)	258	$ (45)
Marketable equity securities	420		420		162
Snap [Member] \| NBCUniversal Media LLC [Member]
Schedule of Marketable Equity Securities [Line Items]
Marketable equity securities, recognized unrealized gains (losses)	96	$ (82)	258	$ (45)
Marketable equity securities	$ 420		$ 420		$ 162

Investments (Other Investments) (Details) $ in Billions	Jun. 30, 2019 USD ($) preferred_stock_series	Dec. 31, 2018 USD ($)
AirTouch [Member]
Schedule of Other Investments [Line Items]
Number of series of preferred stock \| preferred_stock_series	2
Held to maturity investment	$ 1.6	$ 1.6
AirTouch [Member] \| Level 2 [Member]
Schedule of Other Investments [Line Items]
Fair value of held to maturity investment redeemable preferred shares	1.7
AirTouch [Member] \| Level 2 [Member]
Schedule of Other Investments [Line Items]
Fair value of redeemable preferred shares	$ 1.7

Supplemental Financial Information (Leases Narrative) (Details) $ in Millions	3 Months Ended	6 Months Ended
	Jun. 30, 2019 USD ($)	Jun. 30, 2019 USD ($)
Lessee, Lease, Description [Line Items]
Operating lease expense inclusive of short-term and variable lease expenses	$ 264	$ 538
Weighted average remaining lease term for operating leases	10 years	10 years
Weighted average discount rate used to calculate operating lease liabilities	3.85%	3.85%
Cash payments for operating leases		$ 446
NBCUniversal Media LLC [Member]
Lessee, Lease, Description [Line Items]
Operating lease expense inclusive of short-term and variable lease expenses	$ 110	$ 221
Weighted average remaining lease term for operating leases	15 years	15 years
Weighted average discount rate used to calculate operating lease liabilities	4.11%	4.11%
Cash payments for operating leases		$ 132

Supplemental Financial Information (Summary of Operating Lease Assets and Liabilities Recorded in the Consolidated Balance Sheets) (Details) - Accounting Standards Update 2016-02 [Member] - USD ($) $ in Millions	Jun. 30, 2019	Jan. 01, 2019
Lessee, Lease, Description [Line Items]
Operating lease assets		$ 4,200
Other Noncurrent Assets, Net [Member]
Lessee, Lease, Description [Line Items]
Operating lease assets	$ 4,063
Accrued Expenses and Other Current Liabilities [Member]
Lessee, Lease, Description [Line Items]
Operating lease liabilities, current	685
Other Noncurrent Liabilities [Member]
Lessee, Lease, Description [Line Items]
Operating lease liabilities, noncurrent	3,976
NBCUniversal Media LLC [Member]
Lessee, Lease, Description [Line Items]
Operating lease assets		$ 1,700
NBCUniversal Media LLC [Member] \| Other Noncurrent Assets, Net [Member]
Lessee, Lease, Description [Line Items]
Operating lease assets	1,591
NBCUniversal Media LLC [Member] \| Accrued Expenses and Other Current Liabilities [Member]
Lessee, Lease, Description [Line Items]
Operating lease liabilities, current	166
NBCUniversal Media LLC [Member] \| Other Noncurrent Liabilities [Member]
Lessee, Lease, Description [Line Items]
Operating lease liabilities, noncurrent	$ 1,535

Supplemental Financial Information (Summary of Future Minimum Rental Commitments for Operating Leases Under New Accounting Guidance) (Details) $ in Millions	Jun. 30, 2019 USD ($)
Lessee, Lease, Description [Line Items]
Remaining six months of 2019	$ 431
2020	856
2021	743
2022	609
2023	514
Thereafter	2,591
Total future minimum lease payments	5,744
Less: imputed interest	1,083
Total liability	4,661
NBCUniversal Media LLC [Member]
Lessee, Lease, Description [Line Items]
Remaining six months of 2019	117
2020	250
2021	217
2022	179
2023	154
Thereafter	1,452
Total future minimum lease payments	2,369
Less: imputed interest	668
Total liability	$ 1,701

Supplemental Financial Information (Summary of Future Minimum Rental Commitments and Rent Expense for Operating Leases Under Previous Accounting Guidance) (Details) - USD ($) $ in Millions	3 Months Ended	6 Months Ended
	Jun. 30, 2018	Jun. 30, 2018	Dec. 31, 2018
Commitment And Contingencies [Line Items]
2019			$ 891
2020			824
2021			722
2022			592
2023			513
Thereafter			2,608
Rental expense	$ 184	$ 370
NBCUniversal Media LLC [Member]
Commitment And Contingencies [Line Items]
2019			248
2020			232
2021			199
2022			168
2023			144
Thereafter			$ 1,380
Rental expense	$ 74	$ 143

Supplemental Financial Information (Share-Based Compensation) (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	1 Months Ended	3 Months Ended		6 Months Ended
	Mar. 31, 2019	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Recognized share-based compensation expense		$ 245	$ 168	$ 428	$ 307
Restricted share units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Recognized share-based compensation expense		167	102	294	185
Unrecognized pretax compensation expense on nonvested awards		1,400		1,400
Stock options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Recognized share-based compensation expense		72	61	119	105
Unrecognized pretax compensation expense on nonvested awards		594		594
Employee stock purchase plans [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Recognized share-based compensation expense		$ 6	$ 5	$ 15	$ 17
Management Grant [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of stock options granted (in shares)	41.9
Weighted-average fair value of stock options granted (in dollars per share)	$ 7.91
Management Grant [Member] \| Restricted share units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of restricted share units granted (in shares)	12.4
Weighted-average fair value of restricted share units granted (in dollars per share)	$ 39.88

Supplemental Financial Information (Cash Payments for Interest and Income Taxes) (Details) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018
Cash Payments for Interest and Income Taxes
Interest	$ 2,111	$ 1,354
Income taxes	1,634	623
NBCUniversal Media LLC [Member]
Cash Payments for Interest and Income Taxes
Interest	217	218
Income taxes	$ 163	$ 225

Supplemental Financial Information (Noncash Activities) (Details) $ / shares in Units, $ in Millions	6 Months Ended
	Jun. 30, 2019 USD ($) $ / shares
Supplemental Financial Information [Line Items]
Property and equipment and intangible assets accrued but not yet paid	$ 1,600
Dividends payable	$ 955
Dividends payable (in dollars per share) \| $ / shares	$ 0.21
NBCUniversal Media LLC [Member]
Supplemental Financial Information [Line Items]
Property and equipment and intangible assets accrued but not yet paid	$ 696

Supplemental Financial Information (Cash, Cash Equivalents and Restricted Cash) (Details) - USD ($) $ in Millions	Jun. 30, 2019	Dec. 31, 2018	Jun. 30, 2018	Dec. 31, 2017
Supplemental Financial Information [Line Items]
Cash and cash equivalents	$ 3,919	$ 3,814
Restricted cash included in other current assets	79	46
Restricted cash included in other noncurrent assets, net	21	49
Cash, cash equivalents and restricted cash, end of period	4,019	3,909	$ 5,842	$ 3,571
NBCUniversal Media LLC [Member]
Supplemental Financial Information [Line Items]
Cash and cash equivalents	1,244	1,444
Restricted cash included in other noncurrent assets, net	20	20
Cash, cash equivalents and restricted cash, end of period	$ 1,264	$ 1,464	$ 1,314	$ 2,377

Supplemental Financial Information (Components of Accumulated Other Comprehensive Income (Loss)) (Details) - USD ($) $ in Millions	Jun. 30, 2019	Dec. 31, 2018	Jun. 30, 2018
Accumulated Other Comprehensive Income (Loss) [Line Items]
Unrealized gains (losses) on marketable securities	$ 5		$ 0
Deferred gains (losses) on cash flow hedges	132		26
Unrecognized gains (losses) on employee benefit obligations	309		302
Cumulative translation adjustments	(508)		133
Accumulated other comprehensive income (loss), net of deferred taxes	(62)	$ (368)	461
NBCUniversal Media LLC [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Deferred gains (losses) on cash flow hedges	9		8
Unrecognized gains (losses) on employee benefit obligations	135		119
Cumulative translation adjustments	151		91
Accumulated other comprehensive income (loss), net of deferred taxes	$ 295	$ 254	$ 218