Comcast 2009 Annual Report Download - page 63
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Table of Contents
Note 7: Property and Equipment
Note 8: Goodwill and Other Intangible Assets
The changes in the carrying amount of goodwill by business segment (see Note 18) are presented in the table below.
Cable segment acquisitions in 2009 were primarily related to the acquisition of the remaining interest in New England Cable News
that we did not already own. Programming segment acquisitions in 2009 were primarily related to the acquisitions of GolfNow and
WorldGolf. Settlements and adjustments in 2009 were primarily related to the DailyCandy and Plaxo transactions.
Cable segment acquisitions in 2008 were primarily related to the Insight transaction and the acquisition of an additional interest in
Comcast SportsNet Bay Area. Programming segment acquisitions in 2008 were primarily related to the acquisition of the remaining
interest in G4 that we did not already own. Corporate and Other acquisitions in 2008 were primarily related to Internet-
related
businesses, including Plaxo and DailyCandy. Settlements and adjustments in 2008 were primarily related to the settlement of an
uncertain tax position of an acquired entity (see Note 15).
December 31 (in millions)
Weighted Average
Original Useful Life at
December 31, 2009
2009
2008
Cable transmission equipment and distribution facilities
12 years
$
16,059
$
15,660
Customer premises equipment
6 years
20,154
17,788
Scalable infrastructure
7 years
6,525
5,776
Support capital
5 years
6,106
5,820
Buildings and building improvements
20 years
1,937
1,874
Land
—
206
205
Other
8 years
678
556
Property and equipment, at cost
51,665
47,679
Less: Accumulated depreciation
(27,810
)
(23,235
)
Property and equipment, net
$
23,855
$
24,444
(in millions)
Cable
Programming
Corporate
and Other
Total
Balance, December 31, 2007
$
12,842
$
1,482
$
381
$
14,705
Acquisitions
306
139
209
654
Settlements and adjustments
(475
)
(1
)
6
(470
)
Balance, December 31, 2008
$
12,673
$
1,620
$
596
$
14,889
Acquisitions
33
10
—
43
Settlements and adjustments
63
—
(
62
)
1
Balance, December 31, 2009
$
12,769
$
1,630
$
534
$
14,933
Comcast 2009 Annual Report on Form 10-K
54