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REVENUES (Tables) | 3 Months Ended
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Mar. 31, 2025
Revenue from Contract with Customer [Abstract] |
Schedule of Disaggregation of Revenue | The following tables present the Company’s revenues disaggregated by revenue source (in millions).
| Three Months Ended March 31, 2025
| Streaming |  | Studios |  | Global Linear Networks |  | Corporate and Inter-segment Eliminations |  | Total
Revenues: |  |  |  |  |  |  |  |  |
Distribution | $ | 2,329 |  |  | $ | 1 |  |  | $ | 2,558 |  |  | $ | (2) |  |  | $ | 4,886 |
Advertising | 237 |  |  | 1 |  |  | 1,758 |  |  | (16) |  |  | 1,980 |
Content | 88 |  |  | 2,139 |  |  | 380 |  |  | (741) |  |  | 1,866 |
Other | 2 |  |  | 173 |  |  | 78 |  |  | (6) |  |  | 247 |
Total | $ | 2,656 |  |  | $ | 2,314 |  |  | $ | 4,774 |  |  | $ | (765) |  |  | $ | 8,979 |
|  |  |  |  |  |  |  |  |  |  | Three Months Ended March 31, 2024
|  |  |  |  |  |  |  |  |  |  | Streaming |  | Studios |  | Global Linear Networks |  | Corporate and Inter-segment Eliminations |  | Total
Revenues: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Distribution |  |  |  |  |  |  |  |  |  |  | $ | 2,185 |  |  | $ | 5 |  |  | $ | 2,797 |  |  | $ | (2) |  |  | $ | 4,985 |
Advertising |  |  |  |  |  |  |  |  |  |  | 175 |  |  | 4 |  |  | 1,987 |  |  | (18) |  |  | 2,148 |
Content |  |  |  |  |  |  |  |  |  |  | 99 |  |  | 2,623 |  |  | 264 |  |  | (428) |  |  | 2,558 |
Other |  |  |  |  |  |  |  |  |  |  | 1 |  |  | 189 |  |  | 77 |  |  | — |  |  | 267 |
Total |  |  |  |  |  |  |  |  |  |  | $ | 2,460 |  |  | $ | 2,821 |  |  | $ | 5,125 |  |  | $ | (448) |  |  | $ | 9,958 |
Schedule of Contract Liabilities | The following table presents contract liabilities on the consolidated balance sheets (in millions).
Category |  | Balance Sheet Location |  | March 31, 2025 |  | December 31, 2024
Contract liabilities |  | Deferred revenues |  | $ | 1,600 |  |  | $ | 1,569 |
Contract liabilities |  | Other noncurrent liabilities |  | 210 |  |  | 206 |
Schedule of Remaining Performance Obligations by Contract Type | The following table presents a summary of revenue expected to be recognized from remaining performance obligations by contract type (in millions).
Contract Type |  | March 31, 2025 |  | Duration
Distribution - fixed price or minimum guarantee |  | $ | 2,279 |  |  | Through 2030
Content licensing and sports sublicensing |  | 4,124 |  |  | Through 2032
Brand licensing |  | 3,031 |  |  | Through 2052
Advertising |  | 676 |  |  | Through 2030
Other |  | 132 |  |  | Through 2029
Total |  | $ | 10,242 |  |  |

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- Definition Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-10 + Details
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- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-5 + Details
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- Definition Tabular disclosure of expected timing for satisfying remaining performance obligation. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Subparagraph (b)(1) -SubTopic 10 -Topic 606 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-13 + Details
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