v3.24.1.u1
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenues:    
Revenues $ 9,958 $ 10,700
Costs and expenses:    
Costs of revenues, excluding depreciation and amortization 6,058 6,685
Selling, general and administrative 2,232 2,388
Depreciation and amortization 1,888 2,058
Restructuring and other charges 35 95
Impairment and loss on dispositions 12 31
Total costs and expenses 10,225 11,257
Operating loss (267) (557)
Interest expense, net (515) (571)
Loss from equity investees, net (48) (37)
Other income (expense), net 11 (73)
Loss before income taxes (819) (1,238)
Income tax (expense) benefit (136) 178
Net loss (955) (1,060)
Net income attributable to noncontrolling interests (7) (8)
Net income attributable to redeemable noncontrolling interests (4) (1)
Net loss available to Warner Bros. Discovery, Inc. $ (966) $ (1,069)
Net loss per share available to Warner Bros. Discovery, Inc. Series A common stockholders:    
Basic (in dollars per share) $ (0.40) $ (0.44)
Diluted (in dollars per share) $ (0.40) $ (0.44)
Weighted average shares outstanding:    
Basic (in shares) 2,443 2,432
Diluted (in shares) 2,443 2,432
Distribution    
Revenues:    
Revenues $ 4,985 $ 5,163
Advertising    
Revenues:    
Revenues 2,148 2,298
Content    
Revenues:    
Revenues 2,558 2,954
Other    
Revenues:    
Revenues $ 267 $ 285