Warner Bros Discovery Inc
For the period ended Sep 30, 2024. Filed Nov 7, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Nov 7, 2024
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
(unaudited; in millions, except par value)
| September 30, 2024 | December 31, 2023 | |
|---|---|---|
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $3,336 | $3,780 |
| Receivables, net | 5,534 | 6,047 |
| Prepaid expenses and other current assets | 3,635 | 4,391 |
| Total current assets | 12,505 | 14,218 |
| Film and television content rights and games | 20,039 | 21,229 |
| Property and equipment, net | 6,158 | 5,957 |
| Goodwill | 25,869 | 34,969 |
| Intangible assets, net | 33,767 | 38,285 |
| Other noncurrent assets | 7,995 | 8,099 |
| Total assets | $106,333 | $122,757 |
| LIABILITIES AND EQUITY | ||
| Current liabilities: | ||
| Accounts payable | $1,120 | $1,260 |
| Accrued liabilities | 10,002 | 10,368 |
| Deferred revenues | 1,530 | 1,924 |
| Current portion of debt | 3,043 | 1,780 |
| Total current liabilities | 15,695 | 15,332 |
| Noncurrent portion of debt | 37,166 | 41,889 |
| Deferred income taxes | 7,339 | 8,736 |
| Other noncurrent liabilities | 9,959 | 10,328 |
| Total liabilities | 70,159 | 76,285 |
| Commitments and contingencies (See Note 15) | ||
| Redeemable noncontrolling interests | 117 | 165 |
| Warner Bros. Discovery, Inc. stockholders’ equity: | ||
| Series A common stock: $0.01 par value; 10,800 and 10,800 shares authorized; 2,683 and 2,669 shares issued; and 2,452 and 2,439 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 | 55,463 | 55,112 |
| Treasury stock, at cost: 230 and 230 shares | (8,244) | (8,244) |
| Accumulated deficit | (11,745) | (928) |
| Accumulated other comprehensive loss | (401) | (741) |
| Total Warner Bros. Discovery, Inc. stockholders’ equity | 35,100 | 45,226 |
| Noncontrolling interests | 957 | 1,081 |
| Total equity | 36,057 | 46,307 |
| Total liabilities and equity | $106,333 | $122,757 |
| The accompanying notes are an integral part of these consolidated financial statements. | ||
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