Comcast Results Presentation Deck
Free Cash Flow and Capital Allocation
Capital Allocation Priorities.
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Maintaining a Strong Balance Sheet
Investing Organically for Profitable Growth
Returning Capital to Shareholders
Balance Sheet Statistics
Consolidated Net
Debt / Adjusted
EBITDA
Consolidated Net
Debt ($B)
2.9x
$97.1
3Q 19
2.8x
$89.3
3Q20
Consolidated Capital*
Consolidated capital: -5.8% to $2.9B in 3Q20
Return of Capital
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3Q20: Paid $1.1B in dividends
2020: Raised dividend by $0.08 to $0.92 per share on an annualized basis,
+10% y/y
12th consecutive annual increase
Dividends per share (split-adjusted):
$0.14
$0.189
$0.23
$0.33
$0.39
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*Capital reflects Capital expenditures plus Cash paid for capitalized software and other intangibles as presented in our Trending Schedules
See Notes on Slide 14
$0.45
$0.50
$0.55
$0.63
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Free Cash Flow Generation: $2.3 Billion in 3Q20; $11.6 Billion YTD
$0.76
$0.84
$0.92
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