◆ Market Data --:--
Commodities
Loading...
📈 Yields & Rates
Loading...
💱 FX Rates
Loading...
📈 Market Pulse
Loading...
🏛 Congress Trades
Loading...
👤 Insider Trades
Loading...
Customize Items

10-Q Filing

WARNER BROS. DISCOVERY, INC. CIK: 1437107 Q1 2020
Filing Information
Form Type 10-Q
Accession Number 0001437107-20-000026
Period End Date 20200331
Filing Date 20200506
Fiscal Year 2020
Fiscal Period Q1
XBRL Instance disca-20200331_htm.xml
Balance Sheet 66 line items
Line Item Tag Value Unit Period
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $1.45B USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $1.55B USD Point-in-time
Receivables, net ReceivablesNetCurrent $2.63B USD Point-in-time
Receivables, net ReceivablesNetCurrent $2.56B USD Point-in-time
Content rights and prepaid license fees, net ContentLibraryNetCurrent $89.00M USD Point-in-time
Content rights and prepaid license fees, net ContentLibraryNetCurrent $579.00M USD Point-in-time
Prepaid expenses and other current assets PrepaidExpenseAndOtherAssetsCurrent $520.00M USD Point-in-time
Prepaid expenses and other current assets PrepaidExpenseAndOtherAssetsCurrent $453.00M USD Point-in-time
Total current assets AssetsCurrent $5.22B USD Point-in-time
Total current assets AssetsCurrent $4.63B USD Point-in-time
Noncurrent content rights, net ContentLibraryNetNonCurrent $3.76B USD Point-in-time
Noncurrent content rights, net ContentLibraryNetNonCurrent $3.13B USD Point-in-time
Treasury stock (in shares) TreasuryStockShares 209.00M shares Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $951.00M USD Point-in-time
Treasury stock (in shares) TreasuryStockShares 190.00M shares Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $1.04B USD Point-in-time
Goodwill Goodwill $12.97B USD Point-in-time
Goodwill Goodwill $13.05B USD Point-in-time
Intangible assets, net IntangibleAssetsNetExcludingGoodwill $8.67B USD Point-in-time
Intangible assets, net IntangibleAssetsNetExcludingGoodwill $8.33B USD Point-in-time
Equity method investments InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures $568.00M USD Point-in-time
Equity method investments InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures $542.00M USD Point-in-time
Other noncurrent assets OtherAssetsNoncurrent $2.15B USD Point-in-time
Other noncurrent assets OtherAssetsNoncurrent $2.13B USD Point-in-time
Total assets Assets $33.39B USD Point-in-time
Total assets Assets $33.73B USD Point-in-time
Accounts payable AccountsPayableCurrent $421.00M USD Point-in-time
Accounts payable AccountsPayableCurrent $463.00M USD Point-in-time
Accrued liabilities AccruedLiabilitiesCurrent $1.47B USD Point-in-time
Accrued liabilities AccruedLiabilitiesCurrent $1.68B USD Point-in-time
Deferred revenues ContractWithCustomerLiabilityCurrent $376.00M USD Point-in-time
Deferred revenues ContractWithCustomerLiabilityCurrent $489.00M USD Point-in-time
Current portion of debt LongTermDebtAndCapitalLeaseObligationsCurrent $607.00M USD Point-in-time
Current portion of debt LongTermDebtAndCapitalLeaseObligationsCurrent $609.00M USD Point-in-time
Total current liabilities LiabilitiesCurrent $3.24B USD Point-in-time
Total current liabilities LiabilitiesCurrent $2.88B USD Point-in-time
Noncurrent portion of debt LongTermDebtAndCapitalLeaseObligations $14.81B USD Point-in-time
Noncurrent portion of debt LongTermDebtAndCapitalLeaseObligations $15.27B USD Point-in-time
Deferred income taxes DeferredIncomeTaxLiabilitiesNet $1.55B USD Point-in-time
Deferred income taxes DeferredIncomeTaxLiabilitiesNet $1.69B USD Point-in-time
Other noncurrent liabilities OtherLiabilitiesNoncurrent $2.03B USD Point-in-time
Other noncurrent liabilities OtherLiabilitiesNoncurrent $2.29B USD Point-in-time
Total liabilities Liabilities $21.99B USD Point-in-time
Total liabilities Liabilities $21.77B USD Point-in-time
Commitments and contingencies (See Note 16) CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies (See Note 16) CommitmentsAndContingencies - USD Point-in-time
Redeemable noncontrolling interests RedeemableNoncontrollingInterestEquityCommonCarryingAmount $442.00M USD Point-in-time
Redeemable noncontrolling interests RedeemableNoncontrollingInterestEquityCommonCarryingAmount $442.00M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $10.75B USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $10.77B USD Point-in-time
Treasury stock, at cost: 209 and 190 shares TreasuryStockValue $7.37B USD Point-in-time
Treasury stock, at cost: 209 and 190 shares TreasuryStockValue $7.90B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $7.71B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $7.33B USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-1.12B USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-822.00M USD Point-in-time
Total Discovery, Inc. stockholders' equity StockholdersEquity $9.47B USD Point-in-time
Total Discovery, Inc. stockholders' equity StockholdersEquity $9.89B USD Point-in-time
Noncontrolling interests MinorityInterest $1.49B USD Point-in-time
Noncontrolling interests MinorityInterest $1.63B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $11.52B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $10.96B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $10.10B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $10.30B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $33.39B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $33.73B USD Point-in-time
Income Statement 34 line items
Line Item Tag Value Unit Period
Revenues RevenueFromContractWithCustomerExcludingAssessedTax $2.71B USD 1 Quarter
Revenues RevenueFromContractWithCustomerExcludingAssessedTax $2.68B USD 1 Quarter
Costs of revenues, excluding depreciation and amortization CostOfRevenue $930.00M USD 1 Quarter
Costs of revenues, excluding depreciation and amortization CostOfRevenue $918.00M USD 1 Quarter
Selling, general and administrative SellingGeneralAndAdministrativeExpense $626.00M USD 1 Quarter
Selling, general and administrative SellingGeneralAndAdministrativeExpense $645.00M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $326.00M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $372.00M USD 1 Quarter
Restructuring and other charges RestructuringSettlementAndImpairmentProvisions $15.00M USD 1 Quarter
Restructuring and other charges RestructuringSettlementAndImpairmentProvisions $5.00M USD 1 Quarter
Total costs and expenses CostsAndExpenses $1.90B USD 1 Quarter
Total costs and expenses CostsAndExpenses $1.93B USD 1 Quarter
Operating income OperatingIncomeLoss $779.00M USD 1 Quarter
Operating income OperatingIncomeLoss $774.00M USD 1 Quarter
Interest expense, net InterestExpense $163.00M USD 1 Quarter
Interest expense, net InterestExpense $182.00M USD 1 Quarter
Loss on extinguishment of debt GainsLossesOnExtinguishmentOfDebt - USD 1 Quarter
Loss on extinguishment of debt GainsLossesOnExtinguishmentOfDebt $-5.00M USD 1 Quarter
(Loss) income from equity investees, net IncomeLossFromEquityMethodInvestments $-21.00M USD 1 Quarter
(Loss) income from equity investees, net IncomeLossFromEquityMethodInvestments $11.00M USD 1 Quarter
Other expense, net OtherNonoperatingIncomeExpense $-58.00M USD 1 Quarter
Other expense, net OtherNonoperatingIncomeExpense $-27.00M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $537.00M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $571.00M USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $153.00M USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $130.00M USD 1 Quarter
Net income ProfitLoss $407.00M USD 1 Quarter
Net income ProfitLoss $418.00M USD 1 Quarter
Net income attributable to noncontrolling interests NetIncomeLossAttributableToNonredeemableNoncontrollingInterest $29.00M USD 1 Quarter
Net income attributable to noncontrolling interests NetIncomeLossAttributableToNonredeemableNoncontrollingInterest $28.00M USD 1 Quarter
Net income attributable to redeemable noncontrolling interests NetIncomeLossAttributableToRedeemableNoncontrollingInterest $2.00M USD 1 Quarter
Net income attributable to redeemable noncontrolling interests NetIncomeLossAttributableToRedeemableNoncontrollingInterest $5.00M USD 1 Quarter
Net income available to Discovery, Inc. NetIncomeLoss $377.00M USD 1 Quarter
Net income available to Discovery, Inc. NetIncomeLoss $384.00M USD 1 Quarter
Cash Flow Statement 64 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $407.00M USD 1 Quarter
Net income ProfitLoss $418.00M USD 1 Quarter
Content rights amortization and impairment ContentAmortizationAndWriteoffs $697.00M USD 1 Quarter
Content rights amortization and impairment ContentAmortizationAndWriteoffs $704.00M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $326.00M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $372.00M USD 1 Quarter
Deferred income taxes IncreaseDecreaseInDeferredIncomeTaxes $43.00M USD 1 Quarter
Deferred income taxes IncreaseDecreaseInDeferredIncomeTaxes $75.00M USD 1 Quarter
Share-based compensation (benefit) expense ShareBasedCompensation $30.00M USD 1 Quarter
Share-based compensation (benefit) expense ShareBasedCompensation $-4.00M USD 1 Quarter
Equity in losses of equity method investee companies, including cash distributions IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions $-3.00M USD 1 Quarter
Equity in losses of equity method investee companies, including cash distributions IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions $-31.00M USD 1 Quarter
Unrealized loss from derivative instruments, net UnrealizedGainLossOnDerivatives - USD 1 Quarter
Unrealized loss from derivative instruments, net UnrealizedGainLossOnDerivatives $-27.00M USD 1 Quarter
Remeasurement gain on previously held equity interest BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain - USD 1 Quarter
Remeasurement gain on previously held equity interest BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain $8.00M USD 1 Quarter
Realized gain from derivative instruments, net GainLossOnSaleOfDerivatives $21.00M USD 1 Quarter
Realized gain from derivative instruments, net GainLossOnSaleOfDerivatives - USD 1 Quarter
Other, net OtherNoncashIncomeExpense $-44.00M USD 1 Quarter
Other, net OtherNoncashIncomeExpense $-29.00M USD 1 Quarter
Receivables, net IncreaseDecreaseInAccountsAndNotesReceivable $10.00M USD 1 Quarter
Receivables, net IncreaseDecreaseInAccountsAndNotesReceivable $-36.00M USD 1 Quarter
Content rights and payables, net IncreaseDecreaseInContentRightsAndPayables $-899.00M USD 1 Quarter
Content rights and payables, net IncreaseDecreaseInContentRightsAndPayables $-816.00M USD 1 Quarter
Accounts payable and accrued liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $-211.00M USD 1 Quarter
Accounts payable and accrued liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $-202.00M USD 1 Quarter
Foreign currency, prepaid expenses and other assets, net IncreaseDecreaseInOtherOperatingCapitalNet $-66.00M USD 1 Quarter
Foreign currency, prepaid expenses and other assets, net IncreaseDecreaseInOtherOperatingCapitalNet $24.00M USD 1 Quarter
Cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $542.00M USD 1 Quarter
Cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $335.00M USD 1 Quarter
Business acquisitions, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $22.00M USD 1 Quarter
Business acquisitions, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired - USD 1 Quarter
Investments in and advances to equity investments PaymentsForProceedsFromInvestments $42.00M USD 1 Quarter
Investments in and advances to equity investments PaymentsForProceedsFromInvestments $34.00M USD 1 Quarter
Purchases of property and equipment PaymentsToAcquirePropertyPlantAndEquipment $105.00M USD 1 Quarter
Purchases of property and equipment PaymentsToAcquirePropertyPlantAndEquipment $44.00M USD 1 Quarter
Other investing activities, net PaymentsForProceedsFromOtherInvestingActivities $-6.00M USD 1 Quarter
Other investing activities, net PaymentsForProceedsFromOtherInvestingActivities $-77.00M USD 1 Quarter
Cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-94.00M USD 1 Quarter
Cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-70.00M USD 1 Quarter
Principal repayments of debt, including discount payment RepaymentsOfSeniorDebt - USD 1 Quarter
Principal repayments of debt, including discount payment RepaymentsOfSeniorDebt $453.00M USD 1 Quarter
Repurchases of stock PaymentsForRepurchaseOfEquity $527.00M USD 1 Quarter
Repurchases of stock PaymentsForRepurchaseOfEquity - USD 1 Quarter
Distributions to noncontrolling interests and redeemable noncontrolling interests PaymentsOfDividendsMinorityInterest $173.00M USD 1 Quarter
Distributions to noncontrolling interests and redeemable noncontrolling interests PaymentsOfDividendsMinorityInterest $163.00M USD 1 Quarter
Borrowings under revolving credit facility ProceedsFromLinesOfCredit - USD 1 Quarter
Borrowings under revolving credit facility ProceedsFromLinesOfCredit $500.00M USD 1 Quarter
Other financing activities, net ProceedsFromPaymentsForOtherFinancingActivities $-36.00M USD 1 Quarter
Other financing activities, net ProceedsFromPaymentsForOtherFinancingActivities $-59.00M USD 1 Quarter
Cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-652.00M USD 1 Quarter
Cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-259.00M USD 1 Quarter
Effect of exchange rate changes on cash, cash equivalents, and restricted cash EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $-37.00M USD 1 Quarter
Effect of exchange rate changes on cash, cash equivalents, and restricted cash EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $-24.00M USD 1 Quarter
Net change in cash, cash equivalents, and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-241.00M USD 1 Quarter
Net change in cash, cash equivalents, and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-18.00M USD 1 Quarter
Cash, cash equivalents, and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $745.00M USD Point-in-time
Cash, cash equivalents, and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $986.00M USD Point-in-time
Cash, cash equivalents, and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $1.53B USD Point-in-time
Cash, cash equivalents, and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $1.55B USD Point-in-time
Cash, cash equivalents, and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $745.00M USD Point-in-time
Cash, cash equivalents, and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $986.00M USD Point-in-time
Cash, cash equivalents, and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $1.53B USD Point-in-time
Cash, cash equivalents, and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $1.55B USD Point-in-time
Stockholders Equity 23 line items
Line Item Tag Value Unit Period
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $11.52B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $10.96B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $10.10B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $10.30B USD Point-in-time
Net income available to Discovery, Inc. and attributable to noncontrolling interests NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest $413.00M USD 1 Quarter
Net income available to Discovery, Inc. and attributable to noncontrolling interests NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest $405.00M USD 1 Quarter
Other comprehensive loss OtherComprehensiveIncomeLossNetOfTax $-80.00M USD 1 Quarter
Other comprehensive loss OtherComprehensiveIncomeLossNetOfTax $-300.00M USD 1 Quarter
Share-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $38.00M USD 1 Quarter
Share-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $21.00M USD 1 Quarter
Repurchases of stock StockRepurchasedDuringPeriodValue $523.00M USD 1 Quarter
Tax settlements associated with share-based plans TaxSettlementsAssociatedWithEquityBasedPlans $30.00M USD 1 Quarter
Tax settlements associated with share-based plans TaxSettlementsAssociatedWithEquityBasedPlans $21.00M USD 1 Quarter
Dividends paid to noncontrolling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $153.00M USD 1 Quarter
Dividends paid to noncontrolling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $170.00M USD 1 Quarter
Issuance of stock in connection with share-based plans StockIssuedDuringPeriodValueStockOptionsExercised $32.00M USD 1 Quarter
Issuance of stock in connection with share-based plans StockIssuedDuringPeriodValueStockOptionsExercised $6.00M USD 1 Quarter
Redeemable noncontrolling interest adjustments to redemption value TemporaryEquityAdjustmentToRedemptionValue $5.00M USD 1 Quarter
Other adjustments to stockholders' equity StockholdersEquityOther $-1.00M USD 1 Quarter
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $11.52B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $10.96B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $10.10B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $10.30B USD Point-in-time
Comprehensive Income 14 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $407.00M USD 1 Quarter
Net income ProfitLoss $418.00M USD 1 Quarter
Currency translation OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-69.00M USD 1 Quarter
Currency translation OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-141.00M USD 1 Quarter
Derivatives OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $-159.00M USD 1 Quarter
Derivatives OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $-11.00M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $107.00M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $338.00M USD 1 Quarter
Comprehensive income attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $29.00M USD 1 Quarter
Comprehensive income attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $28.00M USD 1 Quarter
Comprehensive income attributable to redeemable noncontrolling interests ComprehensiveIncomeLossNetofTaxAttributabletoRedeemableNoncontrollingInterest $2.00M USD 1 Quarter
Comprehensive income attributable to redeemable noncontrolling interests ComprehensiveIncomeLossNetofTaxAttributabletoRedeemableNoncontrollingInterest $5.00M USD 1 Quarter
Comprehensive income attributable to Discovery, Inc. ComprehensiveIncomeNetOfTax $304.00M USD 1 Quarter
Comprehensive income attributable to Discovery, Inc. ComprehensiveIncomeNetOfTax $77.00M USD 1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

NEWS
Loading news...
TRENDING
Loading...