Comcast Results Presentation Deck
Free Cash Flow and Capital Allocation
9
Capital Allocation Priorities
●
Maintaining a Strong Balance Sheet
Investing for Profitable Growth
Returning Capital to Shareholders
Balance Sheet Statistics
Consolidated Net Debt
/ Adjusted EBITDA
Consolidated Net Debt
($B)
3.2x
$105.5
1Q19
2.8x
$94.2
1Q20
Consolidated Capital*
Consolidated capital: -5.3% to $2.5B
Return of Capital
1020: Paid $977M 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 (split-adjusted):
●
●
$0.14
09
$0.189
10
$0.23
$0.33
11 12
See Notes on Slide 12
*Capital reflects Capital expenditures plus Cash paid for capitalized software and other intangibles as presented in our Trending Schedules
$0.39
13
$0.45
14
Free Cash Flow Generation: $3.3 Billion in 1Q20
$0.50
15
$0.55
$0.63
16 17
$0.76
18
$0.84
19
$0.92
20EView entire presentation