XML 448 R29.htm IDEA: XBRL DOCUMENT v3.25.2

REVENUES (Tables)

6 Months Ended

Jun. 30, 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 June 30, 2025
			Streaming						Studios						Global Linear Networks						Corporate and Inter-segment Eliminations						Total
Revenues:
Distribution			$	2,410					$	1					$	2,477					$	(3)					$	4,885
Advertising			282						—						1,953						(19)						2,216
Content			102						3,591						287						(1,509)						2,471
Other			(1)						209						86						(54)						240
Total			$	2,793					$	3,801					$	4,803					$	(1,585)					$	9,812

																																	Three Months Ended June 30, 2024
																																	Streaming						Studios						Global Linear Networks						Corporate and Inter-segment Eliminations						Total
Revenues:
Distribution																																	$	2,202					$	3					$	2,675					$	(1)					$	4,879
Advertising																																	240						—						2,214						(24)						2,430
Content																																	123						2,237						299						(550)						2,109
Other																																	3						209						84						(1)						295
Total																																	$	2,568					$	2,449					$	5,272					$	(576)					$	9,713

			Six Months Ended June 30, 2025
			Streaming						Studios						Global Linear Networks						Corporate and Inter-segment Eliminations						Total
Revenues:
Distribution			$	4,739					$	2					$	5,035					$	(5)					$	9,771
Advertising			519						1						3,711						(35)						4,196
Content			190						5,730						667						(2,250)						4,337
Other			1						382						164						(60)						487
Total			$	5,449					$	6,115					$	9,577					$	(2,350)					$	18,791

			Six Months Ended June 30, 2024
			Streaming						Studios						Global Linear Networks						Corporate and Inter-segment Eliminations						Total
Revenues:
Distribution			$	4,387					$	8					$	5,472					$	(3)					$	9,864
Advertising			415						4						4,201						(42)						4,578
Content			222						4,860						563						(978)						4,667
Other			4						398						161						(1)						562
Total			$	5,028					$	5,270					$	10,397					$	(1,024)					$	19,671

Schedule of Contract Liabilities

The following table presents contract liabilities on the consolidated balance sheets (in millions).

Category						Balance Sheet Location						June 30, 2025						December 31, 2024
Contract liabilities						Deferred revenues						$	1,527					$	1,569
Contract liabilities						Other noncurrent liabilities						231						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

June 30, 2025

Duration

Distribution - fixed price or minimum guarantee

$

2,048

Through 2030

Content licensing and sports sublicensing

4,678

Through 2032

Brand licensing

3,012

Through 2052

Advertising

648

Through 2030

Other

144

Through 2029

Total

$

10,530

X

- 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

Name:	us-gaap_ContractWithCustomerAssetAndLiabilityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- 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

Name:	us-gaap_DisaggregationOfRevenueTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_RevenueFromContractWithCustomerAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- 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

Name:	us-gaap_RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration