Comcast Corp. (CMCSA)

Statement of Financial Position, Liabilities and Stockholders’ Equity

Difficulty: Beginner

The statement of financial position 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 Statement of Financial Position, Liabilities and Stockholders’ Equity

USD $ in millions

		Dec 31, 2018		Dec 31, 2017		Dec 31, 2016		Dec 31, 2015		Dec 31, 2014
	Accounts payable and accrued expenses related to trade creditors
	Accrued participations and residuals
	Deferred revenue
	Accrued expenses and other current liabilities
	Current portion of long-term debt
	Current liabilities
	Long-term debt, less current portion
	Deferred income taxes
	Other noncurrent liabilities
	Noncurrent liabilities
	Total liabilities
	Redeemable noncontrolling interests and redeemable subsidiary preferred stock
	Preferred stock; issued, zero
	Class A common stock, $0.01 par value
	Class A Special common stock, $0.01 par value
	Class B common stock, $0.01 par value
	Additional paid-in capital
	Retained earnings
	Treasury stock
	Accumulated other comprehensive income (loss)
	Total Comcast Corporation shareholders’ equity
	Noncontrolling interests
	Total equity
	Total liabilities and equity

Based on: 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), 10-K (filing date: 2015-02-27).

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 2016 to 2017 and from 2017 to 2018.
Noncurrent liabilities	Amount of obligation due after one year or beyond the normal operating cycle, if longer.	Comcast Corp.’s noncurrent liabilities declined from 2016 to 2017 but then increased from 2017 to 2018 exceeding 2016 level.
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 declined from 2016 to 2017 but then increased from 2017 to 2018 exceeding 2016 level.
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 2016 to 2017 and from 2017 to 2018.

	Comcast Corp.	Other companies (not purchased previously)
Financial Statements
Common-Size Financial Statements
Ratios
Relative Valuation
Discounted Cash Flow (DCF) Valuation
Economic Value Added (EVA)
Long-term Trends
Analysis
Financial Reporting Quality

	All companies
Financial Statements
Common-Size Financial Statements
Ratios
Relative Valuation
Discounted Cash Flow (DCF) Valuation
Economic Value Added (EVA)
Long-term Trends
Analysis
Financial Reporting Quality