Stock Analysis on Net
Stock Analysis on Net
Microsoft Excel LibreOffice Calc

Comcast Corp. (NASDAQ:CMCSA)

Balance Sheet: Liabilities and Stockholders’ Equity

Beginner level

The balance sheet provides creditors, investors, and analysts with information on company’s resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company’s assets as well as an indication of cash flows that may come from receivables and inventories.

Liabilities represents obligations of a company arising from past events, the settlement of which is expected to result in an outflow of economic benefits from the entity.

Comcast Corp., consolidated balance sheet: liabilities and stockholders’ equity

US$ in millions

Microsoft Excel LibreOffice Calc
Dec 31, 2019 Dec 31, 2018 Dec 31, 2017 Dec 31, 2016 Dec 31, 2015
Accounts payable and accrued expenses related to trade creditors 10,826  8,494  6,926  6,915  6,215 
Accrued participations and residuals 1,730  1,808  1,683  1,726  1,572 
Deferred revenue 2,768  2,182  1,552  1,132  1,302 
Accrued expenses and other current liabilities 10,516  10,721  6,266  6,282  5,462 
Current portion of long-term debt 4,452  4,398  5,134  5,480  3,627 
Current liabilities 30,292  27,603  21,561  21,535  18,178 
Long-term debt, less current portion 97,765  107,345  59,422  55,566  48,994 
Collateralized obligation 5,166  —  —  —  — 
Deferred income taxes 28,180  27,589  24,256  34,854  33,566 
Other noncurrent liabilities 16,765  15,329  10,904  10,925  10,637 
Noncurrent liabilities 147,876  150,263  94,582  101,345  93,197 
Total liabilities 178,168  177,866  116,143  122,880  111,375 
Redeemable noncontrolling interests and redeemable subsidiary preferred stock 1,372  1,316  1,357  1,446  1,221 
Preferred stock; issued, zero —  —  —  —  — 
Class A common stock, $0.01 par value 54  54  55  28  29 
Class B common stock, $0.01 par value —  —  —  —  — 
Additional paid-in capital 38,447  37,461  37,497  38,258  38,518 
Retained earnings 50,695  41,983  38,192  23,076  21,413 
Treasury stock (7,517) (7,517) (7,517) (7,517) (7,517)
Accumulated other comprehensive income (loss) 1,047  (368) 379  98  (174)
Total Comcast Corporation shareholders’ equity 82,726  71,613  68,606  53,943  52,269 
Noncontrolling interests 1,148  889  843  2,231  1,709 
Total equity 83,874  72,502  69,449  56,174  53,978 
Total liabilities and equity 263,414  251,684  186,949  180,500  166,574 

Based on: 10-K (filing date: 2020-01-30), 10-K (filing date: 2019-01-31), 10-K (filing date: 2018-01-31), 10-K (filing date: 2017-02-03), 10-K (filing date: 2016-02-05).

Balance sheet item Description The company
Current liabilities Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer. Comcast Corp.’s current liabilities increased from 2017 to 2018 and from 2018 to 2019.
Noncurrent liabilities Amount of obligation due after one year or beyond the normal operating cycle, if longer. Comcast Corp.’s noncurrent liabilities increased from 2017 to 2018 but then slightly decreased from 2018 to 2019.
Total liabilities Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future. Comcast Corp.’s total liabilities increased from 2017 to 2018 and from 2018 to 2019.
Total Comcast Corporation shareholders’ equity Total of all stockholders’ equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity’s stockholders’ equity attributable to the parent excludes the amount of stockholders’ equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. Comcast Corp.’s total Comcast Corporation shareholders’ equity increased from 2017 to 2018 and from 2018 to 2019.