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INVESTMENTS (Tables)
9 Months Ended
Sep. 30, 2025
Investments [Abstract]  
Schedule of Investments Recorded in Other Noncurrent Liabilities
The Company’s equity investments consisted of the following (in millions).
CategoryBalance Sheet LocationOwnershipSeptember 30, 2025December 31, 2024
Equity method investments:
The Chernin Group (TCG) 2.0-A, LPOther noncurrent assets44%$243 $240 
nC+Other noncurrent assets32%147 128 
TNT SportsOther noncurrent assets50%87 92 
OtherOther noncurrent assets260 261 
Total equity method investments737 721 
Investments with readily determinable fair valuesOther noncurrent assets— 41 
Investments without readily determinable fair values
Other noncurrent assets(a)
349 353 
Total investments$1,086 $1,115 
(a) Investments without readily determinable fair values included $17 million as of September 30, 2025 and December 31, 2024 that was recorded in prepaid expenses and other current assets.