COMCAST CORP
For the period ended Dec 31, 2023. Filed Jan 31, 2024.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Jan 31, 2024
CCZ$62.32-1.7%Stored close · as of Nov 5, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Cash Flows
| Year ended December 31 (in millions) | 2023 | 2022 | 2021 |
|---|---|---|---|
| Operating Activities | |||
| Net income | $15,107 | $4,925 | $13,833 |
| Adjustments to reconcile net income to net cash provided by operating activities: | |||
| Depreciation and amortization | 14,336 | 13,821 | 13,804 |
| Goodwill and long-lived asset impairments | — | 8,583 | — |
| Share-based compensation | 1,241 | 1,336 | 1,315 |
| Noncash interest expense (income), net | 316 | 309 | 482 |
| Net (gain) loss on investment activity and other | (768) | 1,177 | (1,311) |
| Deferred income taxes | (2,739) | (834) | 1,892 |
| Changes in operating assets and liabilities, net of effects of acquisitions and divestitures: | |||
| Current and noncurrent receivables, net | (996) | (1,327) | (1,335) |
| Film and television costs, net | (260) | (451) | (680) |
| Accounts payable and accrued expenses related to trade creditors | (520) | 497 | 765 |
| Other operating assets and liabilities | 2,784 | (1,623) | 382 |
| Net cash provided by operating activities | 28,501 | 26,413 | 29,146 |
| Investing Activities | |||
| Capital expenditures | (12,242) | (10,626) | (9,174) |
| Cash paid for intangible assets | (3,298) | (3,141) | (2,883) |
| Construction of Universal Beijing Resort | (137) | (330) | (976) |
| Acquisitions, net of cash acquired | — | (12) | (1,374) |
| Proceeds from sales of businesses and investments | 661 | 1,985 | 684 |
| Advance on sale of investment | 8,610 | — | — |
| Purchases of investments | (1,313) | (2,274) | (174) |
| Other | 558 | 258 | 451 |
| Net cash provided by (used in) investing activities | (7,161) | (14,140) | (13,446) |
| Financing Activities | |||
| Proceeds from (repayments of) short-term borrowings, net | (660) | 660 | — |
| Proceeds from borrowings | 6,052 | 2,745 | 2,628 |
| Repurchases and repayments of debt | (4,015) | (2,307) | (11,498) |
| Repayment of collateralized obligation | (5,175) | — | — |
| Repurchases of common stock under repurchase program and employee plans | (11,291) | (13,328) | (4,672) |
| Dividends paid | (4,766) | (4,741) | (4,532) |
| Other | 5 | 786 | (544) |
| Net cash provided by (used in) financing activities | (19,850) | (16,184) | (18,618) |
| Impact of foreign currency on cash, cash equivalents and restricted cash | 9 | (86) | (71) |
| Increase (decrease) in cash, cash equivalents and restricted cash | 1,500 | (3,997) | (2,989) |
| Cash, cash equivalents and restricted cash, beginning of year | 4,782 | 8,778 | 11,768 |
| Cash, cash equivalents and restricted cash, end of year | $6,282 | $4,782 | $8,778 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.