Comcast Results Presentation Deck
Free Cash Flow &
Capital Allocation
7
Consolidated Capital ($B)*
$4.1
$3.6
3Q22
+15.8%
3Q23
Consolidated Net
Leverage
Capital Allocation Framework
Invest organically for growth
Protect our strong balance sheet position, with targeted leverage of ~2.4x
Return capital to shareholders
Consolidated Net
Debt ($B)
●
Balance Sheet Statistics
●
2.3x
$83.6
3Q22
2.3x
$87.8
3Q23
Return of Capital
Total return of capital of $4.7B in 3Q 23:
$3.5B in share repurchases; repurchased
$11B in the trailing 12 months
$1.2B in dividends
●
Dividends per share
(split adjusted):
Free Cash Flow Generation of $4.0 Billion
*Capital reflects Capital expenditures plus Cash paid for capitalized software and other intangible assets as presented in our Trending Schedule.
See Notes on Slide 10
$0.39
$0.45
13 14
$0.50
15
$0.55
16
$0.63
17
$0.76
18
$0.84
19
$0.92
20
$1.00
21
$1.08
22
$1.16
23View entire presentation