Comcast 2008 Annual Report Download - page 43

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Consolidated Balance Sheet
December 31 (in millions, except share data) 2008 2007
Assets
Current Assets:
Cash and cash equivalents $ 1,195 $ 963
Investments 59 98
Accounts receivable, less allowance for doubtful accounts of $190 and $181 1,626 1,645
Deferred income taxes 292 214
Other current assets 544 747
Total current assets 3,716 3,667
Investments 4,783 7,963
Property and equipment, net of accumulated depreciation of $23,235 and $19,808 24,444 23,624
Franchise rights 59,449 58,077
Goodwill 14,889 14,705
Other intangible assets, net of accumulated amortization of $8,160 and $6,977 4,558 4,739
Other noncurrent assets, net 1,178 642
Total assets $ 113,017 $ 113,417
Liabilities and Stockholders’ Equity
Current Liabilities:
Accounts payable and accrued expenses related to trade creditors $ 3,393 $ 3,336
Accrued salaries and wages 624 494
Other current liabilities 2,644 2,627
Current portion of long-term debt 2,278 1,495
Total current liabilities 8,939 7,952
Long-term debt, less current portion 30,178 29,828
Deferred income taxes 26,982 26,880
Other noncurrent liabilities 6,171 7,167
Minority interest 297 250
Commitments and contingencies (Note 15)
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, 2,426,443,484 and
2,419,025,659; outstanding, 2,060,982,734 and 2,053,564,909 24 24
Class A Special common stock, $0.01 par value—authorized, 7,500,000,000 shares; issued, 881,145,954
and 1,018,960,463; outstanding, 810,211,190 and 948,025,699 910
Class B common stock, $0.01 par value—authorized, 75,000,000 shares; issued and outstanding,
9,444,375 ——
Additional paid-in capital 40,620 41,688
Retained earnings 7,427 7,191
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) (113) (56)
Total stockholders’ equity 40,450 41,340
Total liabilities and stockholders’ equity $ 113,017 $ 113,417
See notes to consolidated financial statements.
41 Comcast 2008 Annual Report on Form 10-K