Warner Bros. Discovery, Inc. (WBD)

Warner Bros. Discovery Cash Flow Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	768	-11,311	-3,126	-7,371	1,006	1,219
Depreciation & Amortization	6,399	7,037	7,985	7,193	1,582	1,359
Other Amortization	12,772	13,553	15,813	14,110	3,496	2,908
Loss (Gain) From Sale of Assets	-	-	-	-	-	126
Asset Writedown & Restructuring Costs	755	10,161	403	2,975	-66	48
Loss (Gain) From Sale of Investments	-30	-227	-	-199	-19	-103
Loss (Gain) on Equity Investments	102	167	157	211	63	167
Stock-Based Compensation	595	557	500	412	178	110
Other Operating Activities	-4,484	-2,436	-2,266	-2,045	-205	4
Change in Accounts Receivable	743	1,012	312	181	47	105
Change in Accounts Payable	-538	-529	-820	1,529	185	-131
Change in Other Net Operating Assets	-11,984	-12,609	-11,481	-12,692	-3,469	-3,073
Operating Cash Flow	5,098	5,375	7,477	4,304	2,798	2,739
Operating Cash Flow Growth	-35.52%	-28.11%	73.72%	53.82%	2.15%	-19.42%
Capital Expenditures	-1,033	-948	-1,316	-987	-373	-402
Cash Acquisitions	-	-	-50	3,612	-2	-39
Investment in Securities	204	432	-112	138	312	-362
Other Investing Activities	120	167	219	761	7	100
Investing Cash Flow	-643	-349	-1,259	3,524	-56	-703
Short-Term Debt Issued	-	-	-	-	-	500
Long-Term Debt Issued	-	15,820	6,703	2,393	-	1,979
Total Debt Issued	24,452	15,820	6,703	2,393	-	2,479
Short-Term Debt Repaid	-	-	-	-	-	-500
Long-Term Debt Repaid	-	-19,246	-12,074	-9,710	-574	-2,193
Total Debt Repaid	-27,892	-19,246	-12,074	-9,710	-574	-2,693
Net Debt Issued (Repaid)	-3,440	-3,426	-5,371	-7,317	-574	-214
Repurchase of Common Stock	-	-	-	-	-	-969
Other Financing Activities	79	-323	-466	-425	-279	-366
Financing Cash Flow	-3,361	-3,749	-5,837	-7,742	-853	-1,549
Foreign Exchange Rate Adjustments	180	-180	8	-61	-106	83
Net Cash Flow	1,274	1,097	389	25	1,783	570
Free Cash Flow	4,065	4,427	6,161	3,317	2,425	2,337
Free Cash Flow Growth	-39.64%	-28.14%	85.74%	36.78%	3.77%	-24.86%
Free Cash Flow Margin	10.57%	11.26%	14.91%	9.81%	19.89%	21.90%
Free Cash Flow Per Share	1.64	1.81	2.53	1.71	3.65	3.48
Cash Interest Paid	3,271	1,996	2,237	1,539	664	673
Cash Income Tax Paid	2,087	1,113	1,440	1,027	643	641
Levered Free Cash Flow	18,289	20,509	20,036	22,627	6,995	5,059
Unlevered Free Cash Flow	19,491	21,762	21,387	23,438	7,418	5,491
Change in Working Capital	-11,779	-12,126	-11,989	-10,982	-3,237	-3,099

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

SEC Filings: 10-K · 10-Q