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Item 6. Selected Financial Data

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Item 6. Selected Financial Data

Year ended December 31 (in millions, except per share data)202020192018(c)2017(d)2016
Statement of Income Data
Revenue$103,564$108,942$94,507$85,029$80,736
Operating income17,49321,12519,00918,01816,831
Net income attributable to Comcast Corporation(a)10,53413,05711,73122,7358,678
Basic earnings per common share attributable to Comcast Corporation shareholders2.302.872.564.831.80
Diluted earnings per common share attributable to Comcast Corporation shareholders2.282.832.534.751.78
Dividends declared per common share0.920.840.760.630.55
Balance Sheet Data (at year end)
Total assets$273,869$263,414$251,684$187,462$181,017
Long-term debt(b)103,760102,217111,74364,55661,046
Comcast Corporation shareholders’ equity90,32382,72671,61368,61653,932
Statement of Cash Flows Data
Net cash provided by (used in):
Operating activities$24,737$25,697$24,297$21,261$19,691
Investing activities(12,047)(14,841)(50,854)(13,533)(18,265)
Financing activities(6,513)(9,181)27,1407,572(434)

(a)For 2020 and 2019, refer to Item 7: Management’s Discussion and Analysis of Financial Condition and Results of Operations included in this Annual Report on Form 10-K for a discussion of the effects of items impacting net income attributable to Comcast Corporation. In 2020, 2019, 2018, 2017 and 2016, net income attributable to Comcast Corporation is stated after deducting net income attributable to noncontrolling interests of $167 million, $266 million, $131 million, $187 million and $350 million, respectively.

(b)Includes long-term debt and the current portion of long-term debt as presented in the consolidated balance sheet. Refer to footnotes to the consolidated financial statements for discussion of our accounting policies related to debt obligations.

(c)Amounts include Sky from the date of acquisition on October 9, 2018. Refer to Note 7 to the consolidated financial statements for further discussion.

(d)2017 net income attributable to Comcast Corporation and earnings per common share attributable to Comcast Corporation shareholders included a $12.7 billion net income tax benefit as a result of the impacts of the 2017 tax reform legislation.

33Comcast 2020 Annual Report on Form 10-K

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