Time Warner Cable 2012 Annual Report Download - page 80
Download and view the complete annual report
Please find page 80 of the 2012 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
-
149
-
150
-
151
-
152
-
153
-
154
 |
 |
TIME WARNER CABLE INC.
CONSOLIDATED BALANCE SHEET
December 31,
2012 2011
(in millions)
ASSETS
Current assets:
Cash and equivalents ..........................................................$ 3,304 $ 5,177
Short-term investments in U.S. Treasury securities ................................... 150 —
Receivables, less allowances of $65 million and $62 million as
of December 31, 2012 and 2011, respectively ..................................... 883 767
Deferred income tax assets ...................................................... 317 267
Other current assets ............................................................ 223 187
Total current assets .............................................................. 4,877 6,398
Investments .................................................................... 87 774
Property, plant and equipment, net .................................................. 14,742 13,905
Intangible assets subject to amortization, net .......................................... 641 228
Intangible assets not subject to amortization .......................................... 26,011 24,272
Goodwill ...................................................................... 2,889 2,247
Other assets .................................................................... 562 452
Total assets ....................................................................$ 49,809 $ 48,276
LIABILITIES AND EQUITY
Current liabilities:
Accounts payable .............................................................$ 653 $ 545
Deferred revenue and subscriber-related liabilities ................................... 183 169
Accrued programming expense .................................................. 872 807
Current maturities of long-term debt .............................................. 1,518 2,122
Mandatorily redeemable preferred equity issued by a subsidiary ........................ 300 —
Other current liabilities ......................................................... 1,799 1,727
Total current liabilities ........................................................... 5,325 5,370
Long-term debt ................................................................. 25,171 24,320
Mandatorily redeemable preferred equity issued by a subsidiary .......................... — 300
Deferred income tax liabilities, net .................................................. 11,280 10,198
Other liabilities ................................................................. 750 551
Commitments and contingencies (Note 18)
TWC shareholders’ equity:
Common stock, $0.01 par value, 297.7 million and 315.0 million shares issued and
outstanding as of December 31, 2012 and 2011, respectively ......................... 3 3
Additional paid-in capital ....................................................... 7,576 8,018
Retained earnings ............................................................. 363 68
Accumulated other comprehensive loss, net ......................................... (663) (559)
Total TWC shareholders’ equity .................................................... 7,279 7,530
Noncontrolling interests .......................................................... 47
Total equity .................................................................... 7,283 7,537
Total liabilities and equity ........................................................$ 49,809 $ 48,276
See accompanying notes.
70