Comcast Results Presentation Deck
Free Cash Flow and Capital Allocation
8
Capital Allocation Priorities
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Investing organically for profitable growth
Maintaining a strong balance sheet
Returning capital to shareholders
Balance Sheet Statistics
Consolidated Net
Leverage
Consolidated Net Debt
($B)
2.7x
$85.8
1Q21
2.3x
$82.2
1Q22
Consolidated Capital*
Consolidated capital: +1.1% to $2.5B in 1022
Return of Capital
Total Return of Capital of $4.2B in 1Q22, compared to $1.1B in 1Q21
$3.0B in share repurchases in 1Q22; resumed share repurchases late in 2Q21
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- $1.2B in dividends in 1Q22
In January 2022, raised dividend by $0.08 to $1.08 per share on an annualized basis
14th consecutive annual increase
Dividends per share (split-adjusted):
$0.125 $0.135
08
09
$0.189 $0.23
10
11
$0.33
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*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
$0.39
13
$0.45
14
$0.55
$0.50
15
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Significant Free Cash Flow Generation: $4.8 Billion in 1Q22
$0.63
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$0.76
18
$0.84
19
$0.92
20
$1.00
21
$1.08
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