Comcast Results Presentation Deck
Free Cash Flow and Capital Allocation
Capital Allocation Priorities
8
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Maintaining a Strong Balance Sheet
Investing Organically for Profitable Growth
Returning Capital to Shareholders
Balance Sheet Statistics
Consolidated Net
Leverage
Consolidated Net
Debt ($B)
2.7x
$89.8
2Q20
2.6x
$83.1
2Q21
Consolidated Capital*
Consolidated capital: +5.2% to $2.8B in 2Q21
Return of Capital
Resumed share repurchase activity late in 2Q21; repurchased $500M of our
shares in the quarter
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2Q21: total return of capital of $1.7B, including $1.2B in dividends
2021: In January, raised dividend by $0.08 to $1.00 per share on an
annualized basis, +9% y/y
13th consecutive annual increase
Dividends per share (split-adjusted):
$0.125 $0.135
08
09
$0.189 $0.23
10
11
$0.33
12
$0.39
*Capital reflects Capital expenditures plus Cash paid for capitalized software and other intangible assets as presented in our Trending Schedules
See Notes on Slide 11
13
$0.45
14
$0.55
$0.50
15
$0.63
16
17
$0.76
18
$0.84
Significant Free Cash Flow Generation: $4.8 Billion in 2Q21; $10.1 Billion in 1H21
19
$0.92
20
$1.00
21View entire presentation