Comcast 2007 Annual Report Download - page 41

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Consolidated Balance Sheet
December 31 (in millions, except share data) 2007 2006
Assets
Current Assets
Cash and cash equivalents $ 963 $ 1,239
Investments 98 1,735
Accounts receivable, less allowance for doubtful accounts of $181 and $157 1,645 1,450
Deferred income taxes 214 —
Other current assets 747 778
Total current assets 3,667 5,202
Investments 7,963 8,847
Property and equipment, net of accumulated depreciation of $19,808 and $15,506 23,624 21,248
Franchise rights 58,077 55,927
Goodwill 14,705 13,768
Other intangible assets, net of accumulated amortization of $6,977 and $5,543 4,739 4,881
Other noncurrent assets, net 642 532
$ 113,417 $ 110,405
Liabilities and Stockholders’ Equity
Current Liabilities
Accounts payable and accrued expenses related to trade creditors $ 3,336 $ 2,862
Accrued salaries and wages 494 453
Other current liabilities 2,627 2,579
Deferred income taxes —314
Current portion of long-term debt 1,495 983
Total current liabilities 7,952 7,191
Long-term debt, less current portion 29,828 27,992
Deferred income taxes 26,880 27,338
Other noncurrent liabilities 7,167 6,476
Minority interest 250 241
Commitments and contingencies (Note 14)
Stockholders’ equity
Preferred stock — authorized 20,000,000 shares; issued, zero ——
Class A common stock, $0.01 par value — authorized, 7,500,000,000 shares;
issued, 2,419,025,659 and 2,425,818,710; outstanding, 2,053,564,909 and 2,060,357,960 24 24
Class A Special common stock, $0.01 par value — authorized, 7,500,000,000 shares;
issued 1,018,960,463 and 1,120,659,771; outstanding, 948,025,699 and 1,049,725,007 10 11
Class B common stock, $0.01 par value — authorized, 75,000,000 shares;
issued and outstanding, 9,444,375 ——
Additional capital 41,688 42,401
Retained earnings 7,191 6,214
Treasury stock, 365,460,750 Class A common shares and 70,934,764 Class A Special
common shares (7,517) (7,517)
Accumulated other comprehensive income (loss) (56) 34
Total stockholders’ equity 41,340 41,167
$ 113,417 $ 110,405
See notes to consolidated financial statements.
39 Comcast 2007 Annual Report on Form 10-K