Spreadsheet: a338b62c-458b-4295-bb63-398d7578a23d
Sheet: Capex and FCF

Capital Expenditures and Free Cash Flow
($ and shares in millions, except per share data; unaudited)
 | 2008 |  |  |  |  |  | 2009 |  |  |  |  |  | 2010
 | 1Q | 2Q | 3Q | 4Q | FY |  | 1Q | 2Q | 3Q | 4Q | FY |  | 1Q | 2Q | 3Q
Capital Expenditures
Growth Capital
Customer Premise Equipment (CPE) | 819 | 687 | 590 | 775 | 2871 |  | 704 | 564 | 626 | 750 | 2644 |  | 518 | 566 | 675
Scalable Infrastructure | 59 | 55 | 61 | 80 | 255 |  | 31 | 47 | 45 | 88 | 211 |  | 25 | 39 | 50
Line Extensions | 48 | 52 | 54 | 58 | 212 |  | 27 | 30 | 31 | 32 | 120 |  | 19 | 24 | 28
Support Capital | 54 | 57 | 65 | 102 | 278 |  | 45 | 40 | 49 | 81 | 215 |  | 32 | 39 | 55
Upgrades (Capacity Expansion) | 21 | 25 | 13 | 8 | 67 |  | 1 | 4 | 5 | 5 | 15 |  | 2 | 3 | 4
Business Services | 50 | 48 | 61 | 72 | 231 |  | 53 | 85 | 94 | 119 | 351 |  | 96 | 109 | 129
Total Growth Capital | 1051 | 924 | 844 | 1095 | 3914 |  | 861 | 770 | 850 | 1075 | 3556 |  | 692 | 780 | 941
[NAME]
CPE | 58 | 73 | 76 | 69 | 276 |  | 62 | 76 | 82 | 70 | 290 |  | 57 | 71 | 74
Scalable Infrastructure | 103 | 115 | 194 | 269 | 681 |  | 97 | 137 | 130 | 248 | 612 |  | 66 | 121 | 134
Support Capital | 43 | 58 | 54 | 72 | 227 |  | 39 | 36 | 48 | 70 | 193 |  | 23 | 30 | 45
Upgrades | 60 | 58 | 81 | 141 | 340 |  | 63 | 83 | 93 | 102 | 341 |  | 55 | 81 | 92
Total Maintenance Capital | 264 | 304 | 405 | 551 | 1524 |  | 261 | 332 | 353 | 490 | 1436 |  | 201 | 303 | 345
Strategic/Discretionary Capital | 40 | 26 | 19 | 22 | 107 |  | 8 | 6 | 9 | 22 | 45 |  | 20 | 37 | 32
Total Cable Segment13 | 1355 | 1254 | 1268 | 1668 | 5545 |  | 1130 | 1108 | 1212 | 1587 | 5037 |  | 913 | 1120 | 1318
Total Programming Segment | 4 | 6 | 12 | 22 | 44 |  | 8 | 6 | 9 | 11 | 34 |  | 5 | 7 | 7
Corporate and Other | 72 | 40 | 26 | 23 | 161 |  | 22 | 7 | 6 | 11 | 46 |  | 7 | 11 | 41
Total Consolidated Capital Expenditures | 1431 | 1300 | 1306 | 1713 | 5750 |  | 1160 | 1121 | 1227 | 1609 | 5117 |  | 925 | 1138 | 1366
Percent of Total Consolidated Revenue | 0.1698892495036482 | 0.1511804814022687 | 0.1519948673625036 | 0.1944067578837936 | 0.1670256318516939 |  | 0.1308397590011931 | 0.1248878650559416 | 0.1386553666159837 | 0.1775065347767358 | 0.1431120778362654 |  | 0.1005221137274721 | 0.1194785685836369 | 0.1439545629326366
Free Cash Flow14
Net Cash Provided by Operating Activities | 2259 | 2669 | 2445 | 2858 | 10231 |  | 2512 | 2601 | 2612 | 2556 | 10281 |  | 2903 | 2429 | 2400
Capital Expenditures | -1431 | -1300 | -1306 | -1713 | -5750 |  | -1160 | -1121 | -1227 | -1609 | -5117 |  | -925 | -1138 | -1366
Cash Paid for Capitalized Software | -99 | -88 | -100 | -123 | -410 |  | -105 | -83 | -99 | -106 | -393 |  | -80 | -95 | -102
Cash Paid for Other Intangible Assets | -27 | -31 | -31 | -28 | -117 |  | -28 | -25 | -43 | -33 | -129 |  | -37 | -25 | -33
Adjustments for Payment of Tax on Nonoperating Items | 0 | 228 | 88 | -13 | 303 |  | 147 | 3 | -84 | 49 | 115 |  | 26 | 5 | 37
Free Cash Flow (Including Economic Stimulus Packages) | 702 | 1478 | 1096 | 981 | 4257 |  | 1366 | 1375 | 1159 | 857 | 4757 |  | 1887 | 1176 | 936
Economic Stimulus Packages * | 0 | -315 | -168 | -117 | -600 |  | 0 | -205 | -47 | -89 | -341 |  | 0 | 179 | 89
Free Cash Flow | 702 | 1163 | 928 | 864 | 3657 |  | 1366 | 1170 | 1112 | 768 | 4416 |  | 1887 | 1355 | 1025
Free Cash Flow per Share | 0.2326630432360657 | 0.3915557699446657 | 0.3178227035124212 | 0.2991704569367682 | 1.238715885966042 |  | 0.472614127848242 | 0.4046891452566372 | 0.3865242040226077 | 0.2683568210678381 | 1.53080544467216 |  | 0.6651093033129108 | 0.48 | 0.364722368205859
Diluted weighted-average number of common shares | 3017 | 2970 | 2920 | 2888 | 2952 |  | 2890 | 2891 | 2877 | 2862 | 2885 |  | 2837 | 2822 | 2810
*Our definition of Free Cash Flow remains unchanged and specifically excludes any impact from the 2008-2010 Economic Stimulus packages. These amounts have been excluded from Free Cash Flow to provide an appropriate comparison.