Comcast 2015 Annual Report Download - page 173
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NBCUniversal Media, LLC
Note 16: Commitments and Contingencies
Commitments
We enter into long-term commitments with third parties in the ordinary course of our business, including
commitments to acquire film and television programming, creative talent and employment agreements, and
various other television-related commitments. Many of our employees, including writers, directors, actors,
technical and production personnel, and others, as well as some of our on-air and creative talent, are cov-
ered by collective bargaining agreements or works councils. As of December 31, 2015, the total number of
full-time, part-time and hourly employees on our payroll covered by collective bargaining agreements was
7,500 full-time equivalent employees. Of this total, approximately 10% of these full-time equivalent employees
were covered by collective bargaining agreements that have expired or are scheduled to expire during 2016.
The table below summarizes our minimum annual programming and talent commitments and our minimum
annual rental commitments for office space and equipment under operating leases. Programming and talent
commitments include acquired film and television programming, including U.S. television rights to the Olympic
Games through 2032, Sunday Night Football on NBC through the 2022-23 season, NASCAR on the NBC
Sports Network through 2024 and other programming commitments, as well as various contracts with crea-
tive talent and employment agreements.
As of December 31, 2015 (in millions)
Programming and
Talent Commitments
Operating
Leases
2016 $ 6,391 $ 177
2017 $ 3,783 $ 150
2018 $ 4,470 $ 133
2019 $ 3,280 $ 126
2020 $ 4,357 $ 122
Thereafter $23,061 $1,018
The table below presents our rental expense charged to operations.
Year ended December 31 (in millions) 2015 2014 2013
Rental expense $ 213 $ 222 $ 250
Comcast 2015 Annual Report on Form 10-K 170