Comcast 2012 Annual Report Download - page 108

Table of Contents
15 votes. The number of votes held by each share of our Class A common stock depends on the number of shares of Class A and
Class B common stock outstanding at any given time. The 33 /
% aggregate voting power of our Class B common stock cannot be
diluted by additional issuances of any other class of common stock. Our Class B common stock is convertible, share for share, into
Class A or Class A Special common stock, subject to certain restrictions.
Common Stock Outstanding
Share Repurchases
In February 2012, our Board of Directors approved a $6.5 billion share repurchase authorization, which does not have an expiration
date. Under this authorization, we may repurchase shares in the open market or in private transactions.
Share Repurchases
Accumulated Other Comprehensive Income (Loss)
(in millions)
A
A Special
B
Balance, January 1, 2010
2,063
765
9
Stock compensation plans
6
—
—
Repurchases and retirements of common stock — (
70
)
—
Employee stock purchase plans
3
—
—
Balance, December 31, 2010
2,072
695
9
Stock compensation plans
20
1
—
Repurchases and retirements of common stock
—
(
95
)
—
Employee stock purchase plans
3
—
—
Balance, December 31, 2011
2,095
601
9
Stock compensation plans
24
3
—
Repurchases and retirements of common stock
—
(
96
)
—
Employee stock purchase plans
3
—
—
Balance, December 31, 2012
2,122
508
9
Year ended December 31 (in millions)
2012
2011
2010
Consideration
$
3,000
$
2,141
$
1,200
Shares repurchased
96
95
70
December 31 (in millions)
2012
2011
Unrealized gains (losses) on marketable securities
$
182
$
22
Deferred gains (losses) on cash flow hedges
(67
)
(110
)
Unrecognized gains (losses) on employee benefit obligations
(95
)
(58
)
Cumulative translation adjustments
(5
)
(6
)
Accumulated other comprehensive income (loss), net of deferred taxes
$
15
$
(152
)
105
Comcast 2012 Annual Report on Form 10
-
K
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