TIME WARNER CABLE INC. | 2013 | FY | 3


Consolidating Balance Sheet as of December 31, 2013
                      
 
            Non-    
        Parent Guarantor Guarantor   TWC
        Company Subsidiary Subsidiaries Eliminations Consolidated
ASSETS              
Current assets:              
 Cash and equivalents$ 316 $ — $ 209 $ — $ 525
 Receivables, net  63   1   890   —   954
 Receivables from affiliated parties  158   —   28   (186)   —
 Deferred income tax assets  5   9   320   —   334
 Other current assets  120   42   169   —   331
Total current assets  662   52   1,616   (186)   2,144
Investments in and amounts due from              
 consolidated subsidiaries  42,492   43,285   7,641   (93,418)   —
Investments  —   43   13   —   56
Property, plant and equipment, net  —   30   15,026   —   15,056
Intangible assets subject to amortization, net  —   6   546   —   552
Intangible assets not subject to amortization  —   —   26,012   —   26,012
Goodwill  —   —   3,196   —   3,196
Other assets  1,165   —   92   —   1,257
Total assets$ 44,319 $ 43,416 $ 54,142 $ (93,604) $ 48,273
                      
LIABILITIES AND EQUITY              
Current liabilities:              
 Accounts payable$ — $ — $ 565 $ — $ 565
 Deferred revenue and subscriber-related              
  liabilities  —   —   188   —   188
 Payables to affiliated parties  28   155   3   (186)   —
 Accrued programming expense  —   —   869   —   869
 Current maturities of long-term debt  1,758   —   9   —   1,767
 Other current liabilities  591   67   1,179   —   1,837
Total current liabilities  2,377   222   2,813   (186)   5,226
Long-term debt  21,179   2,065   41   —   23,285
Deferred income tax liabilities, net  359   161   11,578   —   12,098
Long-term payables to affiliated parties  7,641   14,702   —   (22,343)   —
Other liabilities  140   89   488   —   717
TWC shareholders’ equity:              
 Due to (from) TWC and subsidiaries  5,680   453   (6,133)   —   —
 Other TWC shareholders’ equity  6,943   25,724   45,351   (71,075)   6,943
Total TWC shareholders’ equity  12,623   26,177   39,218   (71,075)   6,943
Noncontrolling interests  —   —   4   —   4
Total equity  12,623   26,177   39,222   (71,075)   6,947
Total liabilities and equity$ 44,319 $ 43,416 $ 54,142 $ (93,604) $ 48,273

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

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