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REVENUES (Tables)
12 Months Ended
Dec. 31, 2024
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Revenue
The following table presents the Company’s revenues disaggregated by revenue source (in millions).
Year Ended December 31, 2024
StudiosNetworksDTCCorporate and Inter-segment EliminationsTotal
Revenues:
Distribution$$10,680 $9,022 $(9)$19,701 
Advertising7,306 855 (76)8,090 
Content 10,717 1,848 428 (2,696)10,297 
Other877 341 1,233 
Totals$11,607 $20,175 $10,313 $(2,774)$39,321 
Year Ended December 31, 2023
StudiosNetworksDTCCorporate and Inter-segment EliminationsTotal
Revenues:
Distribution$17 $11,521 $8,703 $(4)$20,237 
Advertising15 8,342 548 (205)8,700 
Content11,358 1,005 886 (2,046)11,203 
Other802 376 17 (14)1,181 
Totals$12,192 $21,244 $10,154 $(2,269)$41,321 
Year Ended December 31, 2022
StudiosNetworksDTCCorporate and Inter-segment EliminationsTotal
Revenues:
Distribution$12 $9,759 $6,371 $— $16,142 
Advertising15 8,224 371 (86)8,524 
Content9,156 1,120 522 (2,438)8,360 
Other548 245 10 (12)791 
Totals$9,731 $19,348 $7,274 $(2,536)$33,817 
Schedule of Contract Liabilities
The following table presents contract liabilities on the consolidated balance sheets (in millions).
CategoryBalance Sheet LocationDecember 31, 2024December 31, 2023
Contract liabilitiesDeferred revenues$1,569 $1,924 
Contract liabilitiesOther noncurrent liabilities206 160 
Schedule of Remaining Performance Obligations by Contract Type
The following table presents a summary of remaining performance obligations by contract type (in millions).
Contract TypeDecember 31, 2024Duration
Distribution - fixed price or minimum guarantee$2,407 
Through 2031
Content licensing and sports sublicensing4,416 
Through 2032
Brand licensing3,006 
Through 2052
Advertising757 
Through 2030
Other133 
Through 2029
Total$10,719