Comcast 2012 Annual Report Download - page 113

Table of Contents
Note 16: Supplemental Financial Information
Receivables
In addition to the amounts in the table above, noncurrent receivables, net of $641 million and $684 million, as of December 31, 2012
and 2011, respectively, are included in other noncurrent assets, net that primarily related to the licensing of our television and film
productions to third parties.
Cash Payments for Interest and Income Taxes
Noncash Investing and Financing Activities
During 2012:
During 2011:
December 31 (in millions)
2012
2011
Receivables, gross
$
6,026
$
5,279
Less: Allowance for returns and customer incentives
307
425
Less: Allowance for doubtful accounts
198
202
Receivables, net
$
5,521
$
4,652
Year ended December 31 (in millions)
2012
2011
2010
Interest
$
2,314
$
2,441
$
1,983
Income taxes
$
2,841
$
1,626
$
1,864
•
we acquired $757 million of property and equipment and intangible assets that were accrued but unpaid
•
NBCUniversal acquired control of MSNBC.com, in which the fair value of its previously held equity interest
in MSNBC.com was accounted for as noncash consideration in the application of acquisition accounting
•
NBCUniversal contributed certain assets to acquire control of a previously held equity method investment
in Brazil, and the fair value of its previously held equity interest was accounted for as noncash
consideration in the application of acquisition accounting
•
we recorded a liability of $430 million for a quarterly cash dividend of $0.1625 per common share paid in
January 2013
•
NBCUniversal entered into a capital lease transaction that resulted in an increase in property and
equipment and debt of $85 million
•
we acquired 51% of NBCUniversal Holdings on January 28, 2011, for cash and a 49% interest in the
Comcast Content Business (see Note 4 for additional information on the NBCUniversal transaction)
•
the fair value of NBCUniversal’
s previously held equity interest in Universal Orlando was accounted for as
noncash consideration in the application of acquisition accounting for the Universal Orlando transaction
(see Note 4 for additional information on the Universal Orlando transaction)
•
we acquired $1 billion of property and equipment and intangible assets that were accrued but unpaid
Comcast 2012 Annual Report on Form 10-K
110