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Programming and Production Costs (Tables)
12 Months Ended
Dec. 31, 2024
Other Industries [Abstract]  
Programming and Production Cost
Year ended December 31 (in millions)202420232022
Video distribution programming $11,428 $12,460 $13,013 
Film and television content:
Owned(a)
9,617 10,224 10,765 
     Licensed, including sports rights14,668 12,619 13,151 
Other1,314 1,459 1,283 
Total programming and production costs$37,026 $36,762 $38,213 
(a) Amount includes amortization of owned content of $7.8 billion, $7.8 billion and $8.6 billion for the year ended December 31, 2024, 2023 and 2022, respectively, as well as participations and residuals expenses.
Capitalized Film and Television Costs
Capitalized Film and Television Costs
December 31 (in millions)20242023
Owned:
In production and in development$3,342 $2,893 
Completed, not released209 317 
Released, less amortization4,545 4,340 
8,095 7,551 
Licensed, including sports advances4,446 5,369 
Film and television costs$12,541 $12,920 
Estimated Future Amortization Expense for Capitalized Film and Television Costs and Programming Rights
The table below summarizes estimated future amortization expense for the capitalized film and television costs recorded in our consolidated balance sheets as of December 31, 2024.
(in millions)Owned Licensed
Completed, not released:
2025$127 
Released and licensed content:
2025$2,299 $2,373 
2026$842 $1,471 
2027$452 $351 
Schedule of Accrued Participation Liabilities Due in Next Operating Cycle
The following table summarizes the amount of accrued participation and residual liabilities that we expect to pay during the upcoming operating cycle.
December 31 (in millions)20242023
Current portion of accrued participations and residuals$1,444 $1,671