v3.24.1.u1
REVENUES (Tables)
3 Months Ended
Mar. 31, 2024
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Revenue
The following table presents the Company’s revenues disaggregated by revenue source (in millions).
Three Months Ended March 31, 2024
StudiosNetworksDTCCorporate and Inter-segment EliminationsTotal
Revenues:
Distribution$5 $2,797 $2,185 $(2)$4,985 
Advertising4 1,987 175 (18)2,148 
Content2,623 264 99 (428)2,558 
Other189 77 1 — 267 
Total$2,821 $5,125 $2,460 $(448)$9,958 
Three Months Ended March 31, 2023
StudiosNetworksDTCCorporate and Inter-segment EliminationsTotal
Revenues:
Distribution$3 $2,995 $2,165 $— $5,163 
Advertising3 2,237 103 (45)2,298 
Content3,027 245 185 (503)2,954 
Other179 104 2 — 285 
Total$3,212 $5,581 $2,455 $(548)$10,700 
Schedule of Contract Liabilities
The following table presents contract liabilities on the consolidated balance sheets (in millions).
CategoryBalance Sheet LocationMarch 31, 2024December 31, 2023
Contract liabilitiesDeferred revenues$1,993 $1,924 
Contract liabilitiesOther noncurrent liabilities219 160 
Schedule of Remaining Performance Obligations by Contract Type The following table presents a summary of remaining performance obligations by contract type (in millions).
Contract TypeMarch 31, 2024Duration
Distribution - fixed price or minimum guarantee$3,260 
Through 2031
Content licensing and sports sublicensing4,918 
Through 2030
Brand licensing2,215 
Through 2043
Advertising787 
Through 2027
Total$11,180