◆ 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 2021
Filing Information
Form Type 10-Q
Accession Number 0001437107-21-000088
Period End Date 20210331
Filing Date 20210429
Fiscal Year 2021
Fiscal Period Q1
XBRL Instance disca-20210331_htm.xml
Balance Sheet 62 line items
Line Item Tag Value Unit Period
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $2.09B USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $2.01B USD Point-in-time
Receivables, net ReceivablesNetCurrent $2.48B USD Point-in-time
Receivables, net ReceivablesNetCurrent $2.54B USD Point-in-time
Content rights and prepaid license fees, net ContentLibraryNetCurrent $722.00M USD Point-in-time
Content rights and prepaid license fees, net ContentLibraryNetCurrent $532.00M USD Point-in-time
Prepaid expenses and other current assets PrepaidExpenseAndOtherAssetsCurrent $970.00M USD Point-in-time
Prepaid expenses and other current assets PrepaidExpenseAndOtherAssetsCurrent $659.00M USD Point-in-time
Total current assets AssetsCurrent $5.87B USD Point-in-time
Total current assets AssetsCurrent $6.13B USD Point-in-time
Noncurrent content rights, net ContentLibraryNetNonCurrent $3.47B USD Point-in-time
Noncurrent content rights, net ContentLibraryNetNonCurrent $3.44B USD Point-in-time
Treasury stock (in shares) TreasuryStockShares 230.00M shares Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $1.21B USD Point-in-time
Treasury stock (in shares) TreasuryStockShares 230.00M shares Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $1.19B USD Point-in-time
Goodwill Goodwill $13.07B USD Point-in-time
Goodwill Goodwill $12.97B USD Point-in-time
Intangible assets, net IntangibleAssetsNetExcludingGoodwill $7.64B USD Point-in-time
Intangible assets, net IntangibleAssetsNetExcludingGoodwill $7.32B USD Point-in-time
Other noncurrent assets OtherAssetsNoncurrent $2.60B USD Point-in-time
Other noncurrent assets OtherAssetsNoncurrent $2.81B USD Point-in-time
Total assets Assets $33.62B USD Point-in-time
Total assets Assets $34.09B USD Point-in-time
Accounts payable and accrued liabilities AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent $2.13B USD Point-in-time
Accounts payable and accrued liabilities AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent $2.19B USD Point-in-time
Deferred revenues ContractWithCustomerLiabilityCurrent $663.00M USD Point-in-time
Deferred revenues ContractWithCustomerLiabilityCurrent $557.00M USD Point-in-time
Current portion of debt LongTermDebtAndCapitalLeaseObligationsCurrent $351.00M USD Point-in-time
Current portion of debt LongTermDebtAndCapitalLeaseObligationsCurrent $335.00M USD Point-in-time
Total current liabilities LiabilitiesCurrent $3.14B USD Point-in-time
Total current liabilities LiabilitiesCurrent $3.08B USD Point-in-time
Noncurrent portion of debt LongTermDebtAndCapitalLeaseObligations $15.07B USD Point-in-time
Noncurrent portion of debt LongTermDebtAndCapitalLeaseObligations $14.68B USD Point-in-time
Deferred income taxes DeferredIncomeTaxLiabilitiesNet $1.53B USD Point-in-time
Deferred income taxes DeferredIncomeTaxLiabilitiesNet $1.47B USD Point-in-time
Other noncurrent liabilities OtherLiabilitiesNoncurrent $2.02B USD Point-in-time
Other noncurrent liabilities OtherLiabilitiesNoncurrent $1.76B USD Point-in-time
Total liabilities Liabilities $21.05B USD Point-in-time
Total liabilities Liabilities $21.70B USD Point-in-time
Commitments and contingencies (See Note 15) CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies (See Note 15) CommitmentsAndContingencies - USD Point-in-time
Redeemable noncontrolling interests RedeemableNoncontrollingInterestEquityCommonCarryingAmount $356.00M USD Point-in-time
Redeemable noncontrolling interests RedeemableNoncontrollingInterestEquityCommonCarryingAmount $383.00M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $10.81B USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $10.95B USD Point-in-time
Treasury stock, at cost: 230 shares TreasuryStockValue $8.24B USD Point-in-time
Treasury stock, at cost: 230 shares TreasuryStockValue $8.24B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $8.54B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $8.68B USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-581.00M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-651.00M USD Point-in-time
Total Discovery, Inc. stockholders' equity StockholdersEquity $10.46B USD Point-in-time
Total Discovery, Inc. stockholders' equity StockholdersEquity $10.81B USD Point-in-time
Noncontrolling interests MinorityInterest $1.40B USD Point-in-time
Noncontrolling interests MinorityInterest $1.54B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $12.00B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $12.22B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $11.52B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $10.96B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $34.09B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $33.62B USD Point-in-time
Income Statement 32 line items
Line Item Tag Value Unit Period
Revenues RevenueFromContractWithCustomerExcludingAssessedTax $2.79B USD 1 Quarter
Revenues RevenueFromContractWithCustomerExcludingAssessedTax $2.68B USD 1 Quarter
Costs of revenues, excluding depreciation and amortization CostOfRevenue $918.00M USD 1 Quarter
Costs of revenues, excluding depreciation and amortization CostOfRevenue $969.00M USD 1 Quarter
Selling, general and administrative SellingGeneralAndAdministrativeExpense $1.05B USD 1 Quarter
Selling, general and administrative SellingGeneralAndAdministrativeExpense $645.00M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $361.00M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $326.00M USD 1 Quarter
Restructuring and other charges RestructuringCharges $15.00M USD 1 Quarter
Restructuring and other charges RestructuringCharges $15.00M USD 1 Quarter
Total costs and expenses CostsAndExpenses $2.40B USD 1 Quarter
Total costs and expenses CostsAndExpenses $1.90B USD 1 Quarter
Operating income OperatingIncomeLoss $779.00M USD 1 Quarter
Operating income OperatingIncomeLoss $396.00M USD 1 Quarter
Interest expense, net InterestExpense $163.00M USD 1 Quarter
Interest expense, net InterestExpense $163.00M USD 1 Quarter
Loss from equity investees, net IncomeLossFromEquityMethodInvestments $-4.00M USD 1 Quarter
Loss from equity investees, net IncomeLossFromEquityMethodInvestments $-21.00M USD 1 Quarter
Other income (expense), net OtherNonoperatingIncomeExpense $68.00M USD 1 Quarter
Other income (expense), net OtherNonoperatingIncomeExpense $-58.00M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $297.00M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $537.00M USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $130.00M USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $106.00M USD 1 Quarter
Net income ProfitLoss $407.00M USD 1 Quarter
Net income ProfitLoss $191.00M USD 1 Quarter
Net income attributable to noncontrolling interests NetIncomeLossAttributableToNonredeemableNoncontrollingInterest $46.00M USD 1 Quarter
Net income attributable to noncontrolling interests NetIncomeLossAttributableToNonredeemableNoncontrollingInterest $28.00M USD 1 Quarter
Net income attributable to redeemable noncontrolling interests NetIncomeLossAttributableToRedeemableNoncontrollingInterest $5.00M USD 1 Quarter
Net income attributable to redeemable noncontrolling interests NetIncomeLossAttributableToRedeemableNoncontrollingInterest $2.00M USD 1 Quarter
Net income available to Discovery, Inc. NetIncomeLoss $140.00M USD 1 Quarter
Net income available to Discovery, Inc. NetIncomeLoss $377.00M USD 1 Quarter
Cash Flow Statement 60 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $407.00M USD 1 Quarter
Net income ProfitLoss $191.00M USD 1 Quarter
Content rights amortization and impairment ContentAmortizationAndWriteoffs $743.00M USD 1 Quarter
Content rights amortization and impairment ContentAmortizationAndWriteoffs $704.00M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $361.00M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $326.00M USD 1 Quarter
Deferred income taxes IncreaseDecreaseInDeferredIncomeTaxes $75.00M USD 1 Quarter
Deferred income taxes IncreaseDecreaseInDeferredIncomeTaxes $108.00M USD 1 Quarter
Share-based compensation expense (benefit) ShareBasedCompensation $64.00M USD 1 Quarter
Share-based compensation expense (benefit) ShareBasedCompensation $-4.00M USD 1 Quarter
Gain on sale of investments GainLossOnSaleOfInvestments - USD 1 Quarter
Gain on sale of investments GainLossOnSaleOfInvestments $21.00M USD 1 Quarter
Equity in losses of equity method investee companies, including cash distributions IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions $-31.00M USD 1 Quarter
Equity in losses of equity method investee companies, including cash distributions IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions $-12.00M USD 1 Quarter
Other, net OtherNoncashIncomeExpense $4.00M USD 1 Quarter
Other, net OtherNoncashIncomeExpense $-35.00M USD 1 Quarter
Receivables, net IncreaseDecreaseInAccountsAndNotesReceivable $-36.00M USD 1 Quarter
Receivables, net IncreaseDecreaseInAccountsAndNotesReceivable $-41.00M USD 1 Quarter
Content rights and payables, net IncreaseDecreaseInContentRightsAndPayables $-926.00M USD 1 Quarter
Content rights and payables, net IncreaseDecreaseInContentRightsAndPayables $-899.00M USD 1 Quarter
Accounts payable, accrued liabilities, deferred revenues and other noncurrent liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $-202.00M USD 1 Quarter
Accounts payable, accrued liabilities, deferred revenues and other noncurrent liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $-110.00M USD 1 Quarter
Foreign currency, prepaid expenses and other assets, net IncreaseDecreaseInOtherOperatingCapitalNet $24.00M USD 1 Quarter
Foreign currency, prepaid expenses and other assets, net IncreaseDecreaseInOtherOperatingCapitalNet $-26.00M USD 1 Quarter
Cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $335.00M USD 1 Quarter
Cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $269.00M USD 1 Quarter
Purchases of property and equipment PaymentsToAcquirePropertyPlantAndEquipment $105.00M USD 1 Quarter
Purchases of property and equipment PaymentsToAcquirePropertyPlantAndEquipment $90.00M USD 1 Quarter
Proceeds from sales and maturities of investments ProceedsFromDivestitureOfInterestInJointVenture - USD 1 Quarter
Proceeds from sales and maturities of investments ProceedsFromDivestitureOfInterestInJointVenture $274.00M USD 1 Quarter
Investments in and advances to equity investments PaymentsForProceedsFromInvestments $42.00M USD 1 Quarter
Investments in and advances to equity investments PaymentsForProceedsFromInvestments $55.00M USD 1 Quarter
Other investing activities, net PaymentsForProceedsFromOtherInvestingActivities $-27.00M USD 1 Quarter
Other investing activities, net PaymentsForProceedsFromOtherInvestingActivities $-77.00M USD 1 Quarter
Cash provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivities $156.00M USD 1 Quarter
Cash provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivities $-70.00M USD 1 Quarter
Principal repayments of debt, including premiums to par value RepaymentsOfSeniorDebt $339.00M USD 1 Quarter
Principal repayments of debt, including premiums to par value RepaymentsOfSeniorDebt - 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 $183.00M USD 1 Quarter
Repurchases of stock PaymentsForRepurchaseOfEquity $527.00M USD 1 Quarter
Repurchases of stock PaymentsForRepurchaseOfEquity - USD 1 Quarter
Borrowings under revolving credit facility ProceedsFromLinesOfCredit $500.00M USD 1 Quarter
Borrowings under revolving credit facility ProceedsFromLinesOfCredit - USD 1 Quarter
Other financing activities, net ProceedsFromPaymentsForOtherFinancingActivities $53.00M USD 1 Quarter
Other financing activities, net ProceedsFromPaymentsForOtherFinancingActivities $-59.00M USD 1 Quarter
Cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-469.00M 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 $-24.00M USD 1 Quarter
Effect of exchange rate changes on cash, cash equivalents, and restricted cash EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $-70.00M USD 1 Quarter
Net change in cash, cash equivalents, and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-114.00M 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 $2.12B 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, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $2.01B USD Point-in-time
Cash, cash equivalents, and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $2.12B 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
Cash, cash equivalents, and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $2.01B USD Point-in-time
Stockholders Equity 24 line items
Line Item Tag Value Unit Period
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $12.00B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $12.22B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $11.52B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $10.96B USD Point-in-time
Net income available to Discovery, Inc. and attributable to noncontrolling interests NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest $405.00M USD 1 Quarter
Net income available to Discovery, Inc. and attributable to noncontrolling interests NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest $186.00M USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-300.00M USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $70.00M USD 1 Quarter
Share-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $21.00M USD 1 Quarter
Share-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $32.00M USD 1 Quarter
Repurchases of stock StockRepurchasedDuringPeriodValue $523.00M USD 1 Quarter
Preferred stock conversion StockIssuedDuringPeriodValueConversionOfConvertibleSecurities - USD 1 Quarter
Tax settlements associated with share-based plans TaxSettlementsAssociatedWithEquityBasedPlans $68.00M USD 1 Quarter
Tax settlements associated with share-based plans TaxSettlementsAssociatedWithEquityBasedPlans $30.00M USD 1 Quarter
Dividends paid to noncontrolling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $170.00M USD 1 Quarter
Dividends paid to noncontrolling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $178.00M 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 $186.00M USD 1 Quarter
Redeemable noncontrolling interest adjustments to redemption value TemporaryEquityAdjustmentToRedemptionValue $9.00M USD 1 Quarter
Other adjustments to stockholders' equity StockholdersEquityOther $-1.00M USD 1 Quarter
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $12.00B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $12.22B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $11.52B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $10.96B 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 $191.00M USD 1 Quarter
Currency translation OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-167.00M USD 1 Quarter
Currency translation OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-141.00M USD 1 Quarter
Derivatives OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $-159.00M USD 1 Quarter
Derivatives OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $237.00M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $261.00M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $107.00M USD 1 Quarter
Comprehensive income attributable to noncontrolling interests ComprehensiveIncomeLossNetOfTaxAttributableToNonredeemableNoncontrollingInterest $46.00M USD 1 Quarter
Comprehensive income attributable to noncontrolling interests ComprehensiveIncomeLossNetOfTaxAttributableToNonredeemableNoncontrollingInterest $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 $210.00M 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...