Comcast 2015 Annual Report Download - page 43

Item 6: Selected Financial Data
Comcast
Year ended December 31 (in millions, except per share data) 2015 2014 2013 2012 2011(b)
Statement of Income Data
Revenue $ 74,510 $ 68,775 $ 64,657 $ 62,570 $ 55,842
Operating income 15,998 14,904 13,563 12,179 10,721
Net income attributable to Comcast Corporation(a) 8,163 8,380 6,816 6,203 4,160
Basic earnings per common share attributable to
Comcast Corporation shareholders 3.28 3.24 2.60 2.32 1.51
Diluted earnings per common share attributable to
Comcast Corporation shareholders 3.24 3.20 2.56 2.28 1.50
Dividends declared per common share 1.00 0.90 0.78 0.65 0.45
Balance Sheet Data (at year end)
Total assets(c) $ 166,574 $ 159,186 $ 158,672 $ 164,837 $ 157,664
Total debt, including current portion(c) 52,621 48,081 47,706 40,323 39,155
Comcast Corporation shareholders’ equity 52,269 52,711 50,694 49,356 47,274
Statement of Cash Flows Data
Net cash provided by (used in):
Operating activities 18,778 16,945 14,160 14,854 14,345
Investing activities (11,964) (8,733) (9,514) (1,486) (12,508)
Financing activities (8,429) (6,020) (13,879) (4,037) (6,201)
(a) For 2015, 2014 and 2013, refer to Item 7: Management’s Discussion and Analysis of Financial Condition and Results of Operations
included in this Annual Report on Form 10-K for a discussion of the effects of items impacting net income attributable to Comcast Corpo-
ration. In 2015, 2014, 2013, 2012 and 2011, net income attributable to Comcast Corporation is stated after deducting net income
attributable to noncontrolling interests of $250 million, $212 million, $319 million, $1.7 billion and $1 billion, respectively. The reduction in
net income attributable to noncontrolling interests in 2013 was primarily due to the acquisition of General Electric Company’s 49%
common equity interest in NBCUniversal Holdings that we did not already own in March 2013 (the “NBCUniversal redemption
transaction”). See Note 5 to Comcast’s consolidated financial statements for additional information on the NBCUniversal redemption
transaction.
(b) On January 28, 2011, we completed the NBCUniversal transaction in which Comcast acquired a controlling interest in NBCUniversal. The
results of operations of NBCUniversal are included in the financial information above for all periods following January 28, 2011.
(c) As of December 31, 2015, we have adopted the updated accounting guidance that requires debt issuance costs to be presented as a
direct deduction from the associated debt obligation. As a result, we reclassified unamortized debt issuance costs from other noncurrent
assets to a reduction of long-term debt for all periods presented.
NBCUniversal
Omitted pursuant to General Instruction I(2)(a) to Form 10-K.
Comcast 2015 Annual Report on Form 10-K 40