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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Revenues:        
Total revenues $ 9,812 $ 9,713 $ 18,791 $ 19,671
Costs and expenses:        
Costs of revenues, excluding depreciation and amortization 5,967 6,204 11,098 12,262
Selling, general and administrative 2,477 2,461 4,671 4,693
Depreciation and amortization 1,447 1,744 2,994 3,632
Restructuring and other charges 80 117 134 152
Impairments and loss on dispositions 26 9,395 116 9,407
Total costs and expenses 9,997 19,921 19,013 30,146
Operating loss (185) (10,208) (222) (10,475)
Interest expense, net (463) (518) (931) (1,033)
Gain on extinguishment of debt, net 2,958 542 2,954 567
Income (loss) from equity investees, net 5 (23) (2) (71)
Other income, net 139 172 221 158
Income (loss) before income taxes 2,454 (10,035) 2,020 (10,854)
Income tax (expense) benefit (866) 7 (881) (129)
Net income (loss) 1,588 (10,028) 1,139 (10,983)
Net income attributable to noncontrolling interests (7) (10) (15) (17)
Net (income) loss attributable to redeemable noncontrolling interests (1) 52 3 48
Net income (loss) available to Warner Bros. Discovery, Inc. $ 1,580 $ (9,986) $ 1,127 $ (10,952)
Net income (loss) per share available to Warner Bros. Discovery, Inc. Series A common stockholders:        
Basic (in dollars per share) $ 0.64 $ (4.07) $ 0.46 $ (4.48)
Diluted (in dollars per share) $ 0.63 $ (4.07) $ 0.45 $ (4.48)
Weighted average shares outstanding:        
Basic (in shares) 2,477 2,451 2,469 2,447
Diluted (in shares) 2,499 2,451 2,500 2,447
Distribution        
Revenues:        
Total revenues $ 4,885 $ 4,879 $ 9,771 $ 9,864
Advertising        
Revenues:        
Total revenues 2,216 2,430 4,196 4,578
Content        
Revenues:        
Total revenues 2,471 2,109 4,337 4,667
Other        
Revenues:        
Total revenues $ 240 $ 295 $ 487 $ 562