Comcast 2012 Annual Report Download - page 3

Table of Contents
Comcast Corporation
2012 Annual Report on Form 10-K
Table of Contents
This Annual Report on Form 10-K is for the year ended December 31, 2012. This Annual Report on Form 10-
K modifies and
supersedes documents filed before it. The Securities and Exchange Commission (“SEC”) allows us to “incorporate by reference”
information that we file with them, which means that we can disclose important information to you by referring you directly to those
documents. Information incorporated by reference is considered to be part of this Annual Report on Form 10-
K. In addition,
information that we file with the SEC in the future will automatically update and supersede information contained in this Annual
Report on Form 10-K. Throughout this Annual Report on Form 10-K, we refer to Comcast Corporation as “Comcast;”
Comcast and
its consolidated subsidiaries, including NBC Universal, Inc. (now named NBCUniversal Media, LLC (“NBCUniversal”))
following the
close of our transaction on January 28, 2011, as “we,” “us” and “our;”
Comcast Cable Communications, LLC and its subsidiaries as
“Comcast Cable;” Comcast Holdings Corporation as “Comcast Holdings;” and NBCUniversal, LLC as “NBCUniversal Holdings.”
Our registered trademarks include Comcast, NBCUniversal and the Comcast and NBCUniversal logos. This Annual Report on Form
10-K also contains other trademarks, service marks and trade names owned by us, as well as those owned by others.
PART I
Item 1
Business
1
Item 1A
Risk Factors
29
Item 1B
Unresolved Staff Comments
38
Item 2
Properties
38
Item 3 Legal Proceedings
39
Item 4
Mine Safety Disclosures
39
PART II
Item 5 Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer
Purchases of Equity Securities
40
Item 6
Selected Financial Data
43
Item 7
Management
’
s Discussion and Analysis of Financial Condition and Results of Operations
44
Item 7A
Quantitative and Qualitative Disclosures About Market Risk
70
Item 8
Financial Statements and Supplementary Data
73
Item 9
Changes in and Disagreements with Accountants on Accounting and Financial Disclosure
127
Item 9A
Controls and Procedures
127
Item 9B
Other Information
127
PART III
Item 10
Directors, Executive Officers and Corporate Governance
128
Item 11
Executive Compensation
129
Item 12
Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters
129
Item 13
Certain Relationships and Related Transactions, and Director Independence
129
Item 14
Principal Accountant Fees and Services
129
PART IV
Item 15
Exhibits and Financial Statement Schedules
130
Signatures
135