Balance Sheet: Assets
Quarterly Data

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.

Comcast Corp., consolidated balance sheet: assets (quarterly data)

US$ in millions

	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Cash and cash equivalents	9,687)	8,593)	7,322)	8,814)	6,065)	6,515)	6,215)	6,435)	7,146)	5,535)	4,749)	5,695)	6,822)	8,880)	8,711)	11,806)	12,378)	14,950)	11,740)	13,707)	13,935)	8,516)
Receivables, net	13,040)	12,881)	13,661)	14,036)	13,167)	13,144)	13,813)	12,835)	12,980)	12,287)	12,672)	11,918)	11,956)	12,300)	12,008)	11,974)	11,110)	10,986)	11,466)	10,310)	10,227)	10,800)
Other current assets	6,309)	5,840)	5,818)	4,336)	4,220)	4,319)	3,959)	4,871)	4,796)	4,555)	4,405)	5,803)	5,414)	4,201)	4,088)	3,647)	3,558)	3,502)	3,535)	3,352)	3,323)	4,768)
Current assets	29,036)	27,314)	26,801)	27,186)	23,452)	23,978)	23,987)	24,141)	24,922)	22,377)	21,826)	23,416)	24,192)	25,381)	24,807)	27,427)	27,046)	29,438)	26,741)	27,369)	27,485)	24,084)
Film and television costs	12,640)	12,774)	12,541)	13,340)	12,853)	12,757)	12,920)	13,067)	12,641)	12,612)	12,560)	12,685)	11,622)	12,360)	12,806)	12,645)	12,372)	12,983)	13,340)	12,741)	12,213)	12,385)
Investments	8,463)	8,524)	8,647)	9,021)	9,171)	9,548)	9,385)	8,360)	8,241)	8,298)	7,740)	7,857)	8,240)	8,933)	8,687)	9,726)	9,467)	8,376)	8,267)	7,131)	7,378)	7,080)
Property and equipment, net of accumulated depreciation	64,025)	63,292)	62,548)	61,775)	60,507)	59,918)	59,686)	58,165)	56,851)	56,279)	55,485)	53,555)	53,508)	53,820)	54,047)	52,809)	52,769)	52,317)	51,995)	50,466)	48,985)	48,442)
Goodwill	61,812)	59,094)	58,209)	60,076)	58,376)	58,668)	59,268)	58,069)	59,042)	58,960)	58,494)	56,414)	66,486)	69,052)	70,189)	69,626)	70,429)	70,106)	70,669)	68,898)	67,354)	67,218)
Franchise rights	59,365)	59,365)	59,365)	59,365)	59,365)	59,365)	59,365)	59,365)	59,365)	59,365)	59,365)	59,365)	59,365)	59,365)	59,365)	59,365)	59,365)	59,365)	59,365)	59,365)	59,365)	59,365)
Other intangible assets, net of accumulated amortization	24,612)	24,943)	25,599)	26,423)	26,363)	27,063)	27,867)	27,870)	28,761)	29,004)	29,308)	28,604)	30,728)	32,468)	33,580)	33,393)	34,321)	34,861)	35,389)	34,485)	34,186)	34,672)
Intangible assets, net	83,977)	84,308)	84,964)	85,788)	85,728)	86,428)	87,232)	87,235)	88,126)	88,369)	88,673)	87,969)	90,093)	91,833)	92,945)	92,758)	93,686)	94,226)	94,754)	93,850)	93,551)	94,037)
Other noncurrent assets, net	13,897)	12,464)	12,501)	12,685)	12,468)	12,304)	12,333)	12,035)	12,324)	12,534)	12,497)	12,412)	12,891)	12,695)	12,424)	12,070)	11,235)	11,065)	8,103)	8,485)	9,012)	9,175)
Noncurrent assets	244,814)	240,456)	239,410)	242,685)	239,103)	239,623)	240,824)	236,931)	237,225)	237,052)	235,449)	230,892)	242,840)	248,693)	251,098)	249,634)	249,958)	249,073)	247,128)	241,571)	238,493)	238,337)
Total assets	273,850)	267,770)	266,211)	269,871)	262,555)	263,601)	264,811)	261,072)	262,147)	259,429)	257,275)	254,308)	267,032)	274,074)	275,905)	277,061)	277,004)	278,511)	273,869)	268,940)	265,978)	262,421)

The analysis of the quarterly financial data reveals several notable trends across the presented items over the periods from March 31, 2020, through June 30, 2025.

Cash and Cash Equivalents: The balance of cash and cash equivalents fluctuates significantly throughout the observed quarters. There is an initial increase reaching a peak in mid-2020 before a general decline through 2022, followed by a fluctuating upward trend into 2025. The variability suggests shifts in liquidity management or operational cash flow timing.
Receivables, Net: Receivables exhibit a generally increasing pattern over time, albeit with some minor fluctuations. The steady growth in receivables might indicate expanding sales or extended credit terms. Peaks tend to occur towards later quarters of each fiscal year, implying potential seasonality in collections or billing cycles.
Other Current Assets: This item shows moderate volatility with intermittent rises and falls, particularly notable jumps in mid-2022 and again in early 2025. These movements may reflect changes in prepaid expenses, inventory, or other short-term asset components fluctuating due to operational or strategic initiatives.
Current Assets: Total current assets demonstrate an overall stable yet slightly fluctuating trend. After peaking in the first quarter of 2021, there is a downward movement through 2022, followed by recovery phases into mid-2025. This pattern is influenced chiefly by cash and equivalents alongside receivables and other current assets.
Film and Television Costs: Film and television costs maintain a relatively stable amount with incremental adjustments. Minor increases occur toward late 2021 and 2024, which may relate to capitalized production expenditures aligning with content release cycles or investment in new projects.
Investments: Investment levels vary modestly without a clear long-term upward or downward trend. A peak is observed in late 2021, tapering gradually thereafter, indicating potential shifts in strategic asset allocation or market valuations affecting invested amounts.
Property and Equipment, Net: This asset category shows a gradual and consistent increase over the reported periods, reflecting ongoing capital expenditures or asset acquisitions. The steady upward trajectory supports a narrative of continued investment in physical infrastructure and equipment.
Goodwill: Goodwill levels exhibit notable variation, including a significant decline between late 2021 and late 2022, followed by moderate recovery moving into 2025. This volatility could imply impairment charges or acquisitions affecting the carrying value of goodwill over time.
Franchise Rights: Franchise rights remain constant throughout all quarters without any changes, indicating no new acquisitions or disposals affecting this intangible asset category during the period observed.
Other Intangible Assets, Net: Other intangible assets display a steady declining trend overall, denoting ongoing amortization exceeding additions, potentially reflecting the aging or consumption of intangible benefits such as licensing agreements or technology.
Intangible Assets, Net Total: The aggregate net intangible assets follow a similar decreasing trend as other intangible assets, with gradual declines that likely correspond to amortization schedules and limited reinvestment in new identifiable intangible assets.
Other Noncurrent Assets, Net: These assets fluctuate but mostly maintain a stable range with slight growth at the start of the period and renewed increase near mid-2025. This may encompass deferred charges, long-term receivables, or other miscellaneous long-term items responding to business activities.
Noncurrent Assets: The noncurrent assets total experiences a peak in late 2020, followed by a moderate decline into 2022, then a gradual recovery through mid-2025. This pattern suggests asset base adjustments linked to depreciation, disposals, and capital investments.
Total Assets: Total assets show an upward trend overall, rising from early 2020 levels to their highest points in late 2024 and mid-2025. Periods of stagnation or slight decline coincide with reductions in goodwill, investments, and current assets, balanced by increases in property, equipment, and other asset categories, implying strategic asset reallocation over time.

Assets: Selected Items

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Current Assets: Selected Items

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Comcast Corp. (NASDAQ:CMCSA)

Balance Sheet: Assets Quarterly Data

Assets: Selected Items

Current Assets: Selected Items

Balance Sheet: Assets
Quarterly Data