v3.24.3
Equity and Share-Based Compensation
 9 Months Ended
Sep. 30, 2024
Equity [Abstract]  
Equity and Share-Based Compensation Equity and Share-Based Compensation
Weighted-Average Common Shares Outstanding
Three Months Ended
September 30,		Nine Months Ended
September 30,
(in millions)2024202320242023
Weighted-average number of common shares outstanding – basic3,861 4,109 3,908 4,160 
Effect of dilutive securities18 33 22 23 
Weighted-average number of common shares outstanding – diluted3,880 4,141 3,930 4,184 
Antidilutive securities188 86 193 172 
Weighted-average common shares outstanding used in calculating diluted earnings per common share attributable to Comcast Corporation shareholders (“diluted EPS”) considers the impact of potentially dilutive securities using the treasury stock method. Antidilutive securities represent the number of potential common shares related to share-based compensation awards that were excluded from diluted EPS because their effect would have been antidilutive.
Accumulated Other Comprehensive Income (Loss)
(in millions)September 30,
2024		December 31,
2023
Cumulative translation adjustments$(275)$(1,596)
Deferred gains (losses) on cash flow hedges16 49 
Unrecognized gains (losses) on employee benefit obligations and other251 293 
Accumulated other comprehensive income (loss), net of deferred taxes$(8)$(1,253)
Share-Based Compensation
Our share-based compensation plans consist primarily of awards of restricted share units (“RSUs”) and stock options to certain employees and directors as part of our long-term incentive compensation structure. Additionally, through our employee stock purchase plans, employees are able to purchase shares of our common stock at a discount through payroll deductions.
In March 2024, we granted 31 million RSUs and 3 million stock options under our annual management awards program. The weighted-average fair values associated with these grants were $42.62 per RSU and $9.49 per stock option. During the three months ended September 30, 2024 and 2023, share-based compensation expense recognized in our condensed consolidated statements of income was $247 million and $238 million, respectively. During the nine months ended September 30, 2024 and 2023, share-based compensation expense recognized in our condensed consolidated statements of income was $811 million and $786 million, respectively. As of September 30, 2024, we had unrecognized pretax compensation expense of $2.3 billion related to unvested RSUs and unvested stock options.