Warner Bros. Discovery Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	4,566	5,312	3,780	3,731	3,905
Short-Term Investments	-	17	17	10	40
Trading Asset Securities	-	-	7	-	170
Cash & Short-Term Investments	4,566	5,329	3,804	3,741	4,115
Cash Growth	-14.32%	40.09%	1.68%	-9.09%	93.83%
Receivables	5,294	3,887	4,532	4,596	2,446
Prepaid Expenses	3,346	2,629	2,437	2,144	-
Restricted Cash	-	104	539	199	-
Other Current Assets	-	2,129	2,906	3,319	703
Total Current Assets	13,206	14,078	14,218	13,999	7,264
Property, Plant & Equipment	6,685	7,214	7,730	7,541	1,500
Long-Term Investments	-	1,098	1,470	1,578	1,145
Goodwill	25,933	25,667	34,969	34,438	12,912
Other Intangible Assets	46,878	52,647	60,815	72,583	10,520
Long-Term Deferred Tax Assets	-	613	697	689	755
Other Long-Term Assets	7,383	3,243	2,858	3,173	331
Total Assets	100,085	104,560	122,757	134,001	34,427
Accounts Payable	1,093	1,055	1,260	1,454	412
Accrued Expenses	9,626	10,024	9,962	11,077	2,110
Current Portion of Long-Term Debt	139	2,748	1,780	365	339
Current Portion of Leases	-	414	406	427	120
Current Unearned Revenue	1,642	1,569	1,924	1,694	478
Total Current Liabilities	12,500	15,810	15,332	15,017	3,459
Long-Term Debt	32,428	36,757	41,894	48,634	14,425
Long-Term Leases	683	3,087	3,210	3,176	764
Long-Term Unearned Revenue	-	206	160	361	95
Pension & Post-Retirement Benefits	-	248	264	292	39
Long-Term Deferred Tax Liabilities	6,383	6,985	8,736	11,014	1,225
Other Long-Term Liabilities	10,925	6,529	6,689	6,840	1,024
Total Liabilities	62,919	69,622	76,285	85,334	21,031
Common Stock	27	27	27	27	7
Additional Paid-In Capital	56,055	55,560	55,112	54,630	11,086
Retained Earnings	-11,512	-12,239	-928	2,205	9,580
Treasury Stock	-8,244	-8,244	-8,244	-8,244	-8,244
Comprehensive Income & Other	-407	-1,067	-741	-1,523	-830
Total Common Equity	35,919	34,037	45,226	47,095	11,599
Minority Interest	1,247	901	1,246	1,572	1,797
Shareholders' Equity	37,166	34,938	46,472	48,667	13,396
Total Liabilities & Equity	100,085	104,560	122,757	134,001	34,427
Total Debt	33,250	43,006	47,290	52,602	15,648
Net Cash (Debt)	-28,684	-37,677	-43,486	-48,861	-11,533
Net Cash Per Share	-11.34	-15.38	-17.85	-25.19	-17.37
Filing Date Shares Outstanding	2,480	2,455	2,440	2,430	506.25
Total Common Shares Outstanding	2,480	2,454	2,439	2,430	658.57
Working Capital	706	-1,732	-1,114	-1,018	3,805
Book Value Per Share	14.48	13.87	18.54	19.38	17.61
Tangible Book Value	-36,892	-44,277	-50,558	-59,926	-11,833
Tangible Book Value Per Share	-14.88	-18.04	-20.73	-24.66	-17.97
Land	-	3,832	4,013	3,251	481
Machinery	-	2,613	2,056	1,682	1,139
Construction In Progress	-	601	344	568	141

Source: S&P Global Market Intelligence. Standard template. Financial Sources.