Overview Financials News + Filings Key Docs Charts Transactions Holdings Ownership Insiders
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In millions, except per share items | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 |
| 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
Revenues: | | | | | | | | |
Revenues | 12,191 | 10,671 | 11,144 | 10,553 | 6,873 | 10,999 | 6,394 | 6,265 |
Revenues growth | 14.2% | -4.2% | 5.6% | 53.5% | -37.5% | 72.0% | 2.1% | 13.2% |
Costs and expenses: | | | | | | | | |
Selling, general and administrative | 4,016 | 2,722 | 2,788 | 2,620 | 1,768 | 1,690 | 1,669 | 1,692 |
Depreciation and amortization | 1,582 | 1,359 | 1,347 | 1,398 | 330 | 322 | 330 | 329 |
Restructuring | 32 | 91 | 26 | 750 | 75 | | | |
Impairments and loss on dispositions | 32 | 215 | 181 | 750 | 1,402 | 58 | 50 | 90 |
Total costs and expenses | 10,179 | 8,156 | 8,135 | 8,619 | 6,160 | 8,941 | 4,409 | 8,439 |
Operating loss | 2,012 | 2,515 | 3,009 | 1,934 | 713 | 2,058 | 1,985 | 2,061 |
Operating margin | 16.5% | 23.6% | 27.0% | 18.3% | 10.4% | 18.7% | 31.0% | 32.9% |
Interest expense, net | -633.0 | -648.0 | -677.0 | -729.0 | -475.0 | -353.0 | -642.0 | -328.0 |
Loss on extinguishment of debt | -10 | -76 | -28 | | -54 | | | |
Loss from equity investees, net | -18 | -105 | -2 | -63 | -211 | -38 | 1 | 23 |
Other income (expense), net | 82 | 42 | -8 | -120 | -110 | 4 | -97 | -9 |
Loss before income taxes | 1,433 | 1,728 | 2,294 | 1,022 | -137 | 1,671 | 1,559 | 1,747 |
Income tax benefit | -236.0 | -373.0 | -81.0 | -341.0 | -176.0 | -453.0 | -511.0 | -610.0 |
Net loss | 1,197 | 1,355 | 2,213 | 681 | -313 | 1,218 | 1,048 | 1,137 |
Net income attributable to noncontrolling interests | -138 | -124 | -128 | -67 | | -1 | -1 | -2 |
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Net income attributable to redeemable noncontrolling interests | | | | | | | | |
Net loss available to Warner Bros. Discovery, Inc. | 1,006 | 1,219 | 2,069 | 594 | -337 | 1,194 | 1,034 | 1,139 |
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Net loss per share allocated to Warner Bros. Discovery, Inc. Series A common stockholders: | | | | | | | | |
Basic (in dollars per share) | $1.55 | $1.82 | $2.90 | $0.86 | ($0.59) | $1.97 | $1.59 | |
Diluted (in dollars per share) | $1.55 | $1.82 | $2.90 | $0.86 | ($0.59) | $1.97 | $1.59 | |
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Weighted average shares outstanding: | | | | | | | | |
Basic (in shares) | 503 | 505 | 529 | 498 | 384 | 401 | 432 | 454 |
Diluted (in shares) | 664 | 672 | 711 | 688 | 576 | 610 | 656 | 687 |
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