Warner Bros Discovery Inc
For the period ended Dec 31, 2023. Filed Feb 23, 2024.
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FY2023 · Filed Feb 23, 2024
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Consolidated Balance Sheets
(in millions, except par value)
| December 31, | ||
|---|---|---|
| 2023 | 2022 | |
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $3,780 | $3,731 |
| Receivables, net | 6,047 | 6,380 |
| Prepaid expenses and other current assets | 4,391 | 3,888 |
| Total current assets | 14,218 | 13,999 |
| Film and television content rights and games | 21,229 | 26,652 |
| Property and equipment, net | 5,957 | 5,301 |
| Goodwill | 34,969 | 34,438 |
| Intangible assets, net | 38,285 | 44,982 |
| Other noncurrent assets | 8,099 | 8,629 |
| Total assets | $122,757 | $134,001 |
| LIABILITIES AND EQUITY | ||
| Current liabilities: | ||
| Accounts payable | $1,260 | $1,454 |
| Accrued liabilities | 10,368 | 11,504 |
| Deferred revenues | 1,924 | 1,694 |
| Current portion of debt | 1,780 | 365 |
| Total current liabilities | 15,332 | 15,017 |
| Noncurrent portion of debt | 41,889 | 48,634 |
| Deferred income taxes | 8,736 | 11,014 |
| Other noncurrent liabilities | 10,328 | 10,669 |
| Total liabilities | 76,285 | 85,334 |
| Commitments and contingencies (See Note 22) | ||
| Redeemable noncontrolling interests | 165 | 318 |
| Equity: | ||
| Warner Bros. Discovery, Inc. stockholders’ equity: | ||
| Series A common stock: $0.01 par value; 10,800 and 10,800 shares authorized; 2,669 and 2,660 shares issued; and 2,439 and 2,430 shares outstanding | 27 | 27 |
| Preferred stock: $0.01 par value; 1,200 and 1,200 shares authorized, 0 shares issued and outstanding | — | — |
| Additional paid-in capital | 55,112 | 54,630 |
| Treasury stock, at cost: 230 and 230 shares | (8,244) | (8,244) |
| (Accumulated deficit) retained earnings | (928) | 2,205 |
| Accumulated other comprehensive loss | (741) | (1,523) |
| Total Warner Bros. Discovery, Inc. stockholders’ equity | 45,226 | 47,095 |
| Noncontrolling interests | 1,081 | 1,254 |
| Total equity | 46,307 | 48,349 |
| Total liabilities and equity | $122,757 | $134,001 |
| The accompanying notes are an integral part of these consolidated financial statements. | ||
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