Comcast 2015 Annual Report Download - page 108

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Comcast Corporation
Shares of Common Stock Outstanding
(in millions) A A Special B
Balance, December 31, 2012 2,122 508 9
Stock compensation plans 14
Repurchases and retirements of common stock (49)
Employee stock purchase plans 2
Balance, December 31, 2013 2,138 459 9
Stock compensation plans 13
Repurchases and retirements of common stock (22) (59)
Employee stock purchase plans 2
Balance, December 31, 2014 2,131 400 9
Stock compensation plans 12
Repurchases and retirements of common stock (62) (54)
Employee stock purchase plans 2
Reclassification of Class A Special common stock 346 (346)
Other 4—
Balance, December 31, 2015 2,433 9
Share Repurchases
Effective January 1, 2016, our Board of Directors increased our share repurchase program authorization to a
total of $10 billion, which does not have an expiration date. Under this authorization, we may repurchase
shares in the open market or in private transactions.
Share Repurchases
Year ended December 31 (in millions) 2015 2014 2013
Cash consideration $ 6,750 $4,251 $2,000
Shares repurchased 116 81 49
Accumulated Other Comprehensive Income (Loss)
December 31 (in millions) 2015 2014
Unrealized gains (losses) on marketable securities $1 $1
Deferred gains (losses) on cash flow hedges (46) (4)
Unrecognized gains (losses) on employee benefit obligations 6(68)
Cumulative translation adjustments (135) (75)
Accumulated other comprehensive income (loss), net of deferred taxes $ (174) $ (146)
Note 14: Share-Based Compensation
The tables below provide condensed information on our share-based compensation.
Recognized Share-Based Compensation Expense
Year ended December 31 (in millions) 2015 2014 2013
Restricted share units $ 273 $ 231 $ 175
Stock options 157 160 139
Employee stock purchase plans 25 23 20
Total $ 455 $ 414 $ 334
105 Comcast 2015 Annual Report on Form 10-K