2019 Q4 Form 10-K Financial Statement

#000143710721000018 Filed on February 22, 2021

View on sec.gov

Income Statement

Concept 2019 Q4 2018 Q4 2018
Revenue $2.874B $2.809B $10.55B
YoY Change 2.31% 50.7% 53.54%
Cost Of Revenue $977.0M $861.0M $3.935B
YoY Change 13.47% 18.92% 48.16%
Gross Profit $1.897B $1.948B $6.618B
YoY Change -2.62% 70.88% 56.94%
Gross Profit Margin 66.01% 69.35% 62.71%
Selling, General & Admin $793.0M $657.0M $2.620B
YoY Change 20.7% 29.59% 48.19%
% of Gross Profit 41.8% 33.73% 39.59%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $1.108B $1.162B $1.398B
YoY Change -4.65% 92.7% 323.64%
% of Gross Profit 58.41% 59.65% 21.12%
Operating Expenses $1.126B $1.054B $2.620B
YoY Change 6.83% 76.55% 48.19%
Operating Profit $705.0M $711.0M $1.934B
YoY Change -0.84% -184.95% 171.25%
Interest Expense -$141.0M -$220.0M $729.0M
YoY Change -35.91% 1.85% 53.47%
% of Operating Profit -20.0% -30.94% 37.69%
Other Income/Expense, Net -$1.000M $3.000M -$120.0M
YoY Change -133.33% 0.0% 9.09%
Pretax Income $563.0M $494.0M $1.022B
YoY Change 13.97% -147.05% -845.99%
Income Tax $52.00M $195.0M $341.0M
% Of Pretax Income 9.24% 39.47% 33.37%
Net Earnings $476.0M $269.0M $594.0M
YoY Change 76.95% -123.51% -276.26%
Net Earnings / Revenue 16.56% 9.58% 5.63%
Basic Earnings Per Share
Diluted Earnings Per Share $0.50 $0.27 $863.4K
COMMON SHARES
Basic Shares Outstanding
Diluted Shares Outstanding

Balance Sheet

Concept 2019 Q4 2018 Q4 2018
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.552B $986.0M $986.0M
YoY Change 57.4% -86.51% -86.51%
Cash & Equivalents $1.552B $986.0M $986.0M
Short-Term Investments
Other Short-Term Assets $1.032B $625.0M $625.0M
YoY Change 65.12% 82.22% -25.95%
Inventory
Prepaid Expenses
Receivables $2.633B $2.620B $2.620B
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $5.217B $4.231B $4.231B
YoY Change 23.3% -57.65% -57.65%
LONG-TERM ASSETS
Property, Plant & Equipment $951.0M $800.0M $800.0M
YoY Change 18.88% 34.0% 34.0%
Goodwill $13.05B $13.01B
YoY Change 0.34% 83.88%
Intangibles $8.667B $9.674B
YoY Change -10.41% 446.55%
Long-Term Investments $568.0M $935.0M $935.0M
YoY Change -39.25% 179.1% 179.1%
Other Assets $2.153B $835.0M $835.0M
YoY Change 157.84% 44.97% 44.97%
Total Long-Term Assets $28.52B $28.32B $28.32B
YoY Change 0.7% 125.4% 125.4%
TOTAL ASSETS
Total Short-Term Assets $5.217B $4.231B $4.231B
Total Long-Term Assets $28.52B $28.32B $28.32B
Total Assets $33.74B $32.55B $32.55B
YoY Change 3.64% 44.31% 44.31%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $463.0M $325.0M $325.0M
YoY Change 42.46% 17.33% 17.33%
Accrued Expenses $1.678B $1.604B $1.604B
YoY Change 4.61% 22.54% 26.9%
Deferred Revenue $489.0M $249.0M
YoY Change 96.39% -2.35%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $609.0M $1.819B $1.819B
YoY Change -66.52% 5963.33% 5963.33%
Total Short-Term Liabilities $3.239B $3.997B $3.997B
YoY Change -18.96% 113.63% 113.63%
LONG-TERM LIABILITIES
Long-Term Debt $14.81B $14.97B $14.97B
YoY Change -1.1% 1.48% 1.48%
Other Long-Term Liabilities $2.029B $1.251B $1.251B
YoY Change 62.19% 113.12% 113.12%
Total Long-Term Liabilities $16.84B $16.23B $16.23B
YoY Change 3.78% 2664.05% 5.76%
TOTAL LIABILITIES
Total Short-Term Liabilities $3.239B $3.997B $3.997B
Total Long-Term Liabilities $16.84B $16.23B $16.23B
Total Liabilities $21.77B $22.03B $24.16B
YoY Change -1.2% 25.67% 34.66%
SHAREHOLDERS EQUITY
Retained Earnings $7.333B $5.254B
YoY Change 39.57% 13.43%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $7.374B $6.737B
YoY Change 9.46% 0.0%
Treasury Stock Shares 190.0M shares 167.0M shares
Shareholders Equity $9.891B $8.386B $8.386B
YoY Change
Total Liabilities & Shareholders Equity $33.74B $32.55B $32.55B
YoY Change 3.64% 44.31% 44.31%

Cashflow Statement

Concept 2019 Q4 2018 Q4 2018
OPERATING ACTIVITIES
Net Income $476.0M $269.0M $594.0M
YoY Change 76.95% -123.51% -276.26%
Depreciation, Depletion And Amortization $1.108B $1.162B $1.398B
YoY Change -4.65% 92.7% 323.64%
Cash From Operating Activities $1.232B $929.0M $2.576B
YoY Change 32.62% 101.08% 58.13%
INVESTING ACTIVITIES
Capital Expenditures $100.0M $41.00M $147.0M
YoY Change 143.9% 28.13% 8.89%
Acquisitions $8.565B
YoY Change 14175.0%
Other Investing Activities -$47.00M -$3.000M -$73.00M
YoY Change 1466.67% -96.15% 7200.0%
Cash From Investing Activities -$147.0M -$44.00M -$8.593B
YoY Change 234.09% -60.0% 1257.5%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00
YoY Change -100.0%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -365.0M -431.0M -$283.0M
YoY Change -15.31% 1246.88% -104.76%
NET CHANGE
Cash From Operating Activities 1.232B 929.0M $2.576B
Cash From Investing Activities -147.0M -44.00M -$8.593B
Cash From Financing Activities -365.0M -431.0M -$283.0M
Net Change In Cash 720.0M 454.0M -$6.323B
YoY Change 58.59% 41.88% -190.21%
FREE CASH FLOW
Cash From Operating Activities $1.232B $929.0M $2.576B
Capital Expenditures $100.0M $41.00M $147.0M
Free Cash Flow $1.132B $888.0M $2.429B
YoY Change 27.48% 106.51% 62.58%

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CY2019 disca Comprehensive Income Loss Netof Tax Attributableto Redeemable Noncontrolling Interest
ComprehensiveIncomeLossNetofTaxAttributabletoRedeemableNoncontrollingInterest
17000000 USD
CY2018 disca Comprehensive Income Loss Netof Tax Attributableto Redeemable Noncontrolling Interest
ComprehensiveIncomeLossNetofTaxAttributabletoRedeemableNoncontrollingInterest
20000000 USD
CY2019 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
2062000000 USD
CY2018 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
420000000 USD
CY2020 us-gaap Profit Loss
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1355000000 USD
CY2019 us-gaap Profit Loss
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2213000000 USD
CY2018 us-gaap Profit Loss
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681000000 USD
CY2020 disca Content Amortization And Writeoffs
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CY2019 disca Content Amortization And Writeoffs
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CY2018 disca Content Amortization And Writeoffs
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3288000000 USD
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1359000000 USD
CY2019 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1347000000 USD
CY2018 us-gaap Depreciation Depletion And Amortization
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1398000000 USD
CY2020 us-gaap Increase Decrease In Deferred Income Taxes
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186000000 USD
CY2019 us-gaap Increase Decrease In Deferred Income Taxes
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504000000 USD
CY2018 us-gaap Increase Decrease In Deferred Income Taxes
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131000000 USD
CY2020 us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
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-167000000 USD
CY2019 us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
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-62000000 USD
CY2018 us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
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CY2020 us-gaap Gains Losses On Extinguishment Of Debt
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CY2019 us-gaap Gains Losses On Extinguishment Of Debt
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-28000000 USD
CY2018 us-gaap Gains Losses On Extinguishment Of Debt
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CY2020 us-gaap Share Based Compensation
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CY2019 us-gaap Share Based Compensation
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CY2018 us-gaap Share Based Compensation
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80000000 USD
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124000000 USD
CY2019 us-gaap Goodwill And Intangible Asset Impairment
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155000000 USD
CY2018 us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
0 USD
CY2020 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
36000000 USD
CY2019 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-48000000 USD
CY2018 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
15000000 USD
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CY2019 us-gaap Gain Loss On Sale Of Investments
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10000000 USD
CY2018 us-gaap Gain Loss On Sale Of Investments
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CY2020 us-gaap Business Combination Step Acquisition Equity Interest In Acquiree Remeasurement Gain
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CY2019 us-gaap Business Combination Step Acquisition Equity Interest In Acquiree Remeasurement Gain
BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain
14000000 USD
CY2018 us-gaap Business Combination Step Acquisition Equity Interest In Acquiree Remeasurement Gain
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CY2020 us-gaap Gain Loss On Disposition Of Assets
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CY2019 us-gaap Gain Loss On Disposition Of Assets
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CY2019 us-gaap Other Noncash Income Expense
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CY2018 us-gaap Other Noncash Income Expense
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CY2019 disca Increase Decrease In Content Rights And Payables
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-2883000000 USD
CY2020 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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CY2019 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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122000000 USD
CY2018 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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20000000 USD
CY2019 us-gaap Increase Decrease In Other Operating Capital Net
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28000000 USD
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3399000000 USD
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2576000000 USD
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289000000 USD
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250000000 USD
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CY2018 us-gaap Payments To Acquire Equity Method Investments
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181000000 USD
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254000000 USD
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125000000 USD
CY2018 us-gaap Proceeds From Divestiture Of Interest In Joint Venture
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CY2019 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
73000000 USD
CY2018 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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107000000 USD
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CY2019 us-gaap Net Cash Provided By Used In Investing Activities
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16000000 USD
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1479000000 USD
CY2018 us-gaap Proceeds From Issuance Of Long Term Debt
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633000000 USD
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CY2020 us-gaap Repayments Of Lines Of Credit
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500000000 USD
CY2019 us-gaap Repayments Of Lines Of Credit
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225000000 USD
CY2018 us-gaap Repayments Of Lines Of Credit
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200000000 USD
CY2020 us-gaap Proceeds From Lines Of Credit
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500000000 USD
CY2019 us-gaap Proceeds From Lines Of Credit
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CY2018 us-gaap Proceeds From Lines Of Credit
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CY2020 us-gaap Payments Of Dividends Minority Interest
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254000000 USD
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9000000 USD
CY2019 us-gaap Payments Of Dividends Minority Interest
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250000000 USD
CY2018 us-gaap Payments Of Dividends Minority Interest
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76000000 USD
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CY2019 us-gaap Proceeds From Notes Payable
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CY2018 us-gaap Proceeds From Notes Payable
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CY2018 us-gaap Repayments Of Notes Payable
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CY2019 us-gaap Proceeds From Payments For Other Financing Activities
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CY2020 us-gaap Net Cash Provided By Used In Financing Activities
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CY2019 us-gaap Net Cash Provided By Used In Financing Activities
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CY2018 us-gaap Net Cash Provided By Used In Financing Activities
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CY2020 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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83000000 USD
CY2019 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2018 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
570000000 USD
CY2019 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
566000000 USD
CY2018 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
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CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1552000000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
986000000 USD
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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7309000000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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2122000000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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1552000000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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986000000 USD
CY2017Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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4610000000 USD
CY2018 us-gaap Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
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661000000 USD
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82000000 USD
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CY2018 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
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51000000 USD
CY2018 disca Temporary Equity Adjustment To Redemption Value
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5000000 USD
CY2018 us-gaap Stock Issued During Period Value Stock Options Exercised
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CY2018Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2019 us-gaap Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
2197000000 USD
CY2019 us-gaap Other Comprehensive Income Loss Net Of Tax
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CY2019 us-gaap Conversion Of Stock Amount Converted1
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0 USD
CY2019 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
73000000 USD
CY2019 us-gaap Stock Repurchased During Period Value
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CY2019 disca Settlement Of Common Stock Repurchase Contract
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5000000 USD
CY2019 disca Tax Settlements Associated With Equity Based Plans
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22000000 USD
CY2019 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
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211000000 USD
CY2019 us-gaap Stock Issued During Period Value Stock Options Exercised
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44000000 USD
CY2019 disca Temporary Equity Adjustment To Redemption Value
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24000000 USD
CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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11524000000 USD
CY2020 us-gaap Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
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1343000000 USD
CY2020 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
171000000 USD
CY2020 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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94000000 USD
CY2020 us-gaap Stock Repurchased During Period Value
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CY2020 disca Tax Settlements Associated With Equity Based Plans
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32000000 USD
CY2020 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
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223000000 USD
CY2020 us-gaap Stock Issued During Period Value Stock Options Exercised
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43000000 USD
CY2020 disca Temporary Equity Adjustment To Redemption Value
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17000000 USD
CY2020 us-gaap Stockholders Equity Other
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CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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12000000000 USD
CY2020 us-gaap Number Of Reportable Segments
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2 segment
CY2020 us-gaap Use Of Estimates
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<div style="margin-top:14pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-top:5pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of financial statements in accordance with U.S. generally accepted accounting principles (“GAAP”) requires management to make estimates, judgments and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes. Actual results may differ from these estimates. </span></div><div style="margin-top:5pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Significant estimates and judgments inherent in the preparation of the consolidated financial statements include accounting for asset impairments, revenue recognition, estimated credit losses, content rights, leases, depreciation and amortization, business combinations, share-based compensation, defined benefit plans, income taxes, other financial instruments, contingencies, and the determination of whether the Company should consolidate certain entities.</span></div>
CY2020 us-gaap Goodwill And Intangible Asset Impairment
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124000000 USD
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
CY2020 us-gaap Advertising Expense
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412000000 USD
CY2019 us-gaap Advertising Expense
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390000000 USD
CY2018 us-gaap Advertising Expense
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355000000 USD
CY2020 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="margin-top:14pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Concentrations Risk</span></div><div style="margin-top:5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Customers</span></div><div style="margin-top:5pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company has long-term contracts with distributors around the world. For the U.S. Networks segment, 95% of distribution revenue comes from the 10 largest distributors. Agreements in place with the 10 largest cable and satellite operators with the U.S. Networks expire at various times from 2021 through 2023. Although the Company seeks to renew its agreements with its distributors prior to expiration of a contract, a delay in securing a renewal that results in a service disruption, a failure to secure a renewal or a renewal on less favorable terms may have a material adverse effect on the Company’s financial condition and results of operations. Not only could the Company experience a reduction in distribution revenue, but it could also experience a reduction in advertising revenue, as viewership is impacted by affiliate subscriber levels. </span></div><div style="margin-top:5pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">No individual customer accounted for more than 10% of total consolidated revenues for 2020, 2019 or 2018. As of December 31, 2020 and 2019, the Company’s trade receivables do not represent a significant concentration of credit risk as the customers and markets in which the Company operates are varied and dispersed across many geographic areas.</span></div><div style="margin-top:5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Financial Institutions</span></div><div style="margin-top:5pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Cash and cash equivalents are maintained with several financial institutions. The Company has deposits held with banks that exceed the amount of insurance provided on such deposits. Generally, these deposits may be redeemed upon demand and are maintained with financial institutions of reputable credit and, therefore, bear minimal credit risk.</span></div><div style="margin-top:5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Counterparty Credit Risk</span></div>The Company is exposed to the risk that the counterparties to outstanding derivative financial instruments will default on their obligations. The Company manages these credit risks through the evaluation and monitoring of the creditworthiness of, and concentration of risk with, the respective counterparties. In this regard, credit risk associated with outstanding derivative financial instruments is spread across a relatively broad counterparty base of banks and financial institutions. The Company also has a limited number of arrangements where collateral is required to be posted in the instance that certain fair value thresholds are exceeded.
CY2020Q4 us-gaap Restricted Cash
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31000000 USD
CY2020Q4 disca Content Library Net Current
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532000000 USD
CY2019Q4 disca Content Library Net Current
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579000000 USD
CY2018 us-gaap Business Acquisitions Pro Forma Net Income Loss
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823000000 USD
CY2020Q4 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
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541000000 USD
CY2019Q4 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
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514000000 USD
CY2020Q4 us-gaap Investments
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CY2019Q4 us-gaap Investments
Investments
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CY2020 us-gaap Equity Method Investment Other Than Temporary Impairment
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8000000 USD
CY2019 us-gaap Equity Method Investment Other Than Temporary Impairment
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4000000 USD
CY2018 us-gaap Equity Method Investment Other Than Temporary Impairment
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29000000 USD
CY2020 us-gaap Equity Securities Fv Ni Gain Loss
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129000000 USD
CY2019 us-gaap Equity Securities Fv Ni Gain Loss
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-26000000 USD
CY2018 us-gaap Equity Securities Fv Ni Gain Loss
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-88000000 USD
CY2020 us-gaap Equity Securities Fv Ni Realized Gain Loss
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101000000 USD
CY2019 us-gaap Equity Securities Fv Ni Realized Gain Loss
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0 USD
CY2018 us-gaap Equity Securities Fv Ni Realized Gain Loss
EquitySecuritiesFvNiRealizedGainLoss
0 USD
CY2020 us-gaap Equity Securities Fv Ni Unrealized Gain Loss
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28000000 USD
CY2019 us-gaap Equity Securities Fv Ni Unrealized Gain Loss
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-26000000 USD
CY2018 us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
-88000000 USD
CY2020Q4 disca Accumulated Amortization
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8170000000 USD
CY2019Q4 disca Accumulated Amortization
AccumulatedAmortization
6132000000 USD
CY2020Q4 disca Content Rights Net
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3971000000 USD
CY2019Q4 disca Content Rights Net
ContentRightsNet
3708000000 USD
CY2020Q4 disca Content Library Net Current
ContentLibraryNetCurrent
532000000 USD
CY2019Q4 disca Content Library Net Current
ContentLibraryNetCurrent
579000000 USD
CY2020Q4 disca Content Library Net Non Current
ContentLibraryNetNonCurrent
3439000000 USD
CY2019Q4 disca Content Library Net Non Current
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