Consolidating Balance Sheet as of December 31, 2012 |
|
| | | | | | | | | | | | Non- | | | | |
| | | | | | | | Parent | | Guarantor | | Guarantor | | | | TWC |
| | | | | | | | Company | | Subsidiary | | Subsidiaries | | Eliminations | | Consolidated |
| | | | | | | | (recast) |
ASSETS | | | | | | | | | | | | | | |
Current assets: | | | | | | | | | | | | | | |
| Cash and equivalents | $ | 2,174 | | $ | — | | $ | 1,130 | | $ | — | | $ | 3,304 |
| Short-term investments in U.S. Treasury | | | | | | | | | | | | | |
| | securities | | 150 | | | — | | | — | | | — | | | 150 |
| Receivables, net | | 49 | | | — | | | 834 | | | — | | | 883 |
| Receivables from affiliated parties | | 35 | | | — | | | 29 | | | (64) | | | — |
| Deferred income tax assets | | 6 | | | 2 | | | 309 | | | — | | | 317 |
| Other current assets | | 54 | | | — | | | 169 | | | — | | | 223 |
Total current assets | | 2,468 | | | 2 | | | 2,471 | | | (64) | | | 4,877 |
Investments in and amounts due from | | | | | | | | | | | | | | |
| consolidated subsidiaries | | 40,656 | | | 41,069 | | | 7,641 | | | (89,366) | | | — |
Investments | | 17 | | | 58 | | | 12 | | | — | | | 87 |
Property, plant and equipment, net | | — | | | 32 | | | 14,710 | | | — | | | 14,742 |
Intangible assets subject to amortization, net | | — | | | 10 | | | 631 | | | — | | | 641 |
Intangible assets not subject to amortization | | — | | | — | | | 26,011 | | | — | | | 26,011 |
Goodwill | | — | | | — | | | 2,889 | | | — | | | 2,889 |
Other assets | | 579 | | | — | | | 53 | | | (70) | | | 562 |
Total assets | $ | 43,720 | | $ | 41,171 | | $ | 54,418 | | $ | (89,500) | | $ | 49,809 |
| | | | | | | | | | | | | | | | | | | | | |
LIABILITIES AND EQUITY | | | | | | | | | | | | | | |
Current liabilities: | | | | | | | | | | | | | | |
| Accounts payable | $ | 1 | | $ | — | | $ | 646 | | $ | — | | $ | 647 |
| Deferred revenue and subscriber-related | | | | | | | | | | | | | | |
| | liabilities | | — | | | — | | | 183 | | | — | | | 183 |
| Payables to affiliated parties | | 29 | | | 32 | | | 3 | | | (64) | | | — |
| Accrued programming expense | | — | | | — | | | 872 | | | — | | | 872 |
| Current maturities of long-term debt | | 1,516 | | | — | | | 2 | | | — | | | 1,518 |
| Mandatorily redeemable preferred equity | | — | | | 300 | | | — | | | — | | | 300 |
| Other current liabilities | | 631 | | | 66 | | | 1,108 | | | — | | | 1,805 |
Total current liabilities | | 2,177 | | | 398 | | | 2,814 | | | (64) | | | 5,325 |
Long-term debt | | 23,078 | | | 2,070 | | | 23 | | | — | | | 25,171 |
Deferred income tax liabilities, net | | — | | | 153 | | | 11,197 | | | (70) | | | 11,280 |
Long-term payables to affiliated parties | | 7,641 | | | 8,702 | | | — | | | (16,343) | | | — |
Other liabilities | | 275 | | | 43 | | | 432 | | | — | | | 750 |
TWC shareholders’ equity: | | | | | | | | | | | | | | |
| Due to (from) TWC and subsidiaries | | 3,270 | | | (176) | | | (3,094) | | | — | | | — |
| Other TWC shareholders’ equity | | 7,279 | | | 29,981 | | | 43,042 | | | (73,023) | | | 7,279 |
Total TWC shareholders’ equity | | 10,549 | | | 29,805 | | | 39,948 | | | (73,023) | | | 7,279 |
Noncontrolling interests | | — | | | — | | | 4 | | | — | | | 4 |
Total equity | | 10,549 | | | 29,805 | | | 39,952 | | | (73,023) | | | 7,283 |
Total liabilities and equity | $ | 43,720 | | $ | 41,171 | | $ | 54,418 | | $ | (89,500) | | $ | 49,809 |