Time Warner Cable 2011 Annual Report Download - page 124
Download and view the complete annual report
Please find page 124 of the 2011 Time Warner Cable annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1 -
2
-
3
-
4
-
5
-
6
-
7
-
8
-
9
-
10
-
11
-
12
-
13
-
14
-
15
-
16
-
17
-
18
-
19
-
20
-
21
-
22
-
23
-
24
-
25
-
26
-
27
-
28
-
29
-
30
-
31
-
32
-
33
-
34
-
35
-
36
-
37
-
38
-
39
-
40
-
41
-
42
-
43
-
44
-
45
-
46
-
47
-
48
-
49
-
50
-
51
-
52
-
53
-
54
-
55
-
56
-
57
-
58
-
59
-
60
-
61
-
62
-
63
-
64
-
65
-
66
-
67
-
68
-
69
-
70
-
71
-
72
-
73
-
74
-
75
-
76
-
77
-
78
-
79
-
80
-
81
-
82
-
83
-
84
-
85
-
86
-
87
-
88
-
89
-
90
-
91
-
92
-
93
-
94
-
95
-
96
-
97
-
98
-
99
-
100
-
101
-
102
-
103
-
104
-
105
-
106
-
107
-
108
-
109
-
110
-
111
-
112
-
113
-
114 -
115 -
116 -
117 -
118 -
119 -
120 -
121 -
122 -
123 -
124 -
125 -
126 -
127 -
128 -
129 -
130 -
131 -
132 -
133 -
134 -
135
-
136
-
137
-
138
-
139
-
140
-
141
-
142
-
143
-
144
-
145
-
146
-
147
-
148
 |
 |
TIME WARNER CABLE INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued)
The Company’s condensed consolidating financial information is as follows (in millions):
Consolidating Balance Sheet as of December 31, 2011
Parent
Company
Guarantor
Subsidiaries
Non-
Guarantor
Subsidiaries Eliminations
TWC
Consolidated
ASSETS
Current assets:
Cash and equivalents .......................... $ 4,372 $ 398 $ 407 $ — $ 5,177
Receivables, net .............................. 51 97 619 — 767
Receivables from affiliated parties ............... 39 34 45 (118) —
Deferred income tax assets ..................... 267 145 163 (308) 267
Other current assets ........................... 42 50 95 — 187
Total current assets ............................. 4,771 724 1,329 (426) 6,398
Investments in and amounts due from consolidated
subsidiaries ................................. 44,315 25,753 13,417 (83,485) —
Investments ................................... 19 — 755 — 774
Property, plant and equipment, net ................. 34 3,773 10,098 — 13,905
Intangible assets subject to amortization, net ......... — 31 197 — 228
Intangible assets not subject to amortization .......... — 6,216 18,056 — 24,272
Goodwill ..................................... 4 3 2,240 — 2,247
Other assets ................................... 384 16 52 — 452
Total assets .................................... $ 49,527 $ 36,516 $ 46,144 $ (83,911) $ 48,276
LIABILITIES AND EQUITY
Current liabilities:
Accounts payable ............................. $ 1 $ 214 $ 330 $ — $ 545
Deferred revenue and subscriber-related liabilities . . . — 65 104 — 169
Payables to affiliated parties .................... 32 45 41 (118) —
Accrued programming expense .................. — 783 24 — 807
Current maturities of long-term debt .............. 1,510 608 4 — 2,122
Other current liabilities ........................ 603 518 606 — 1,727
Total current liabilities ........................... 2,146 2,233 1,109 (118) 5,370
Long-term debt ................................ 22,234 2,077 9 — 24,320
Mandatorily redeemable preferred equity ............ — 1,928 300 (1,928) 300
Deferred income tax liabilities, net ................. 10,195 5,528 5,410 (10,935) 10,198
Long-term payables to affiliated parties ............. 7,249 972 8,702 (16,923) —
Other liabilities ................................ 173 132 246 — 551
TWC shareholders’ equity:
Due to (from) TWC and subsidiaries .............. — 7 (1,768) 1,761 —
Other TWC shareholders’ equity ................. 7,530 18,934 32,129 (51,063) 7,530
Total TWC shareholders’ equity ................... 7,530 18,941 30,361 (49,302) 7,530
Noncontrolling interests .......................... — 4,705 7 (4,705) 7
Total equity ................................... 7,530 23,646 30,368 (54,007) 7,537
Total liabilities and equity ........................ $ 49,527 $ 36,516 $ 46,144 $ (83,911) $ 48,276
116