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Segment Information (Tables)
 6 Months Ended
Jun. 30, 2024
Segment Reporting [Abstract]  
Schedule of Financial Data by Business Segment
Our financial data by segment is presented in the tables below. We do not present asset information for our segments as this information is not used to allocate resources.
Three Months Ended June 30, 2024
(in millions)
Residential Connectivity & Platforms
Business Services Connectivity
Media
Studios
Theme Parks
Total
Revenue from external customers
$17,794 $2,416 $5,190 $1,657 $1,974 $29,030 
Intersegment revenue(a)
30 6 1,134 597 1 1,768 
17,824 2,421 6,324 2,253 1,975 30,798 
Reconciliation of Revenue
Other revenue(b)
715 
Eliminations(a)
(1,825)
Total consolidated revenue$29,688 
Segment Adjusted EBITDA(c)
$7,103 $1,380 $1,356 $124 $632 $10,594 
Reconciliation of total segment Adjusted EBITDA
Media, Studios and Theme Parks headquarters and other(d)
(198)
Corporate and other(b)(c)
(257)
Eliminations
36 
Depreciation(2,153)
Amortization(1,387)
Interest expense(1,026)
Investment and other income (loss), net(434)
Income before income taxes
$5,175 
Three Months Ended June 30, 2023
(in millions)
Residential Connectivity & Platforms
Business Services Connectivity
Media
Studios
Theme Parks
Total
Revenue from external customers$18,025 $2,281 $5,030 $2,341 $2,209 $29,886 
Intersegment revenue(a)
43 11 1,164 747 — 1,965 
18,068 2,292 6,195 3,087 2,209 31,851 
Reconciliation of Revenue
Other revenue(b)
665 
Eliminations(a)
(2,003)
Total consolidated revenue$30,513 
Segment Adjusted EBITDA(c)
$7,024 $1,322 $1,244 $255 $833 $10,677 
Reconciliation of total segment Adjusted EBITDA
Media, Studios and Theme Parks headquarters and other(d)
(200)
Corporate and other(b)(c)
(300)
Eliminations
70 
Depreciation(2,195)
Amortization(1,343)
Interest expense(998)
Investment and other income (loss), net15 
Income before income taxes
$5,726 
Six Months Ended June 30, 2024
(in millions)
Residential Connectivity & Platforms
Business Services Connectivity
Media
Studios
Theme Parks
Total
Revenue from external customers
$35,624 $4,817 $10,412 $3,561 $3,953 $58,368 
Intersegment revenue(a)
68 12 2,283 1,435 1 3,798 
35,692 4,829 12,695 4,996 3,954 62,166 
Reconciliation of Revenue
Other revenue(b)
1,494 
Eliminations(a)
(3,914)
Total consolidated revenue$59,746 
Segment Adjusted EBITDA(c)
$13,955 $2,746 $2,182 $367 $1,264 $20,514 
Reconciliation of total segment Adjusted EBITDA
Media, Studios and Theme Parks headquarters and other(d)
(442)
Corporate and other(b)(c)
(580)
Eliminations
43 
Depreciation(4,328)
Amortization(2,762)
Interest expense(2,028)
Investment and other income (loss), net(137)
Income before income taxes
$10,280 
Six Months Ended June 30, 2023
(in millions)
Residential Connectivity & Platforms
Business Services Connectivity
Media
Studios
Theme Parks
Total
Revenue from external customers$35,842 $4,564 $10,015 $4,334 $4,158 $58,913 
Intersegment revenue(a)
96 11 2,332 1,709 — 4,147 
35,937 4,575 12,347 6,043 4,158 63,060 
Reconciliation of Revenue
Other revenue(b)
1,391 
Eliminations(a)
(4,247)
Total consolidated revenue$60,205 
Segment Adjusted EBITDA(c)
$13,785 $2,654 $2,124 $532 $1,490 $20,585 
Reconciliation of total segment Adjusted EBITDA
Media, Studios and Theme Parks headquarters and other(d)
(432)
Corporate and other(b)(c)
(581)
Eliminations
98 
Depreciation(4,459)
Amortization(2,856)
Interest expense(2,007)
Investment and other income (loss), net622 
Income before income taxes
$10,970 
(a)Our most significant intersegment revenue transactions include distribution revenue in Media related to fees from Residential Connectivity & Platforms for the rights to distribute television programming, and content licensing revenue in Studios for licenses of owned content to Media.
(b)Includes the operations of our Sky-branded video services and television networks in Germany; Comcast Spectacor, which owns the Philadelphia Flyers and the Wells Fargo Center arena in Philadelphia, Pennsylvania; and Xumo, our consolidated streaming platform joint venture with Charter Communications. Corporate and other also includes overhead and personnel costs for Corporate.
(c)We use Adjusted EBITDA as the measure of profit or loss for our segments. From time to time we may report the impact of certain events, gains, losses or other charges related to our segments within Corporate and other.
(d)Includes overhead, personnel costs and costs associated with corporate initiatives for our Media, Studios and Theme Park segments.