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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Current Assets:    
Cash and cash equivalents $ 2,460 $ 2,885
Receivables, net 7,115 7,412
Programming and other inventory 1,414 1,342
Prepaid expenses and other current assets 1,677 1,308
Current assets of discontinued operations 37 787
Total current assets 12,703 13,734
Property and equipment, net 1,666 1,762
Programming and other inventory 13,851 16,278
Goodwill 16,516 16,499
Intangible assets, net 2,589 2,694
Operating lease assets 1,183 1,391
Deferred income tax assets, net 1,242 1,242
Other assets 3,793 3,991
Assets of discontinued operations 0 802
Total Assets 53,543 58,393
Current Liabilities:    
Accounts payable 1,100 1,403
Accrued expenses 2,104 2,071
Participants’ share and royalties payable 2,702 2,416
Accrued programming and production costs 1,842 2,063
Deferred revenues 746 973
Debt 1 239
Other current liabilities 1,153 1,477
Current liabilities of discontinued operations 8 549
Total current liabilities 9,656 11,191
Long-term debt 14,601 15,607
Participants’ share and royalties payable 1,394 1,744
Pension and postretirement benefit obligations 1,337 1,458
Deferred income tax liabilities, net 503 1,077
Operating lease liabilities 1,256 1,428
Program rights obligations 204 367
Other liabilities 1,534 1,715
Liabilities of discontinued operations 8 200
Commitments and contingencies (Note 19)
Paramount stockholders’ equity:    
Additional paid-in capital 33,210 33,063
Treasury stock, at cost; 503 (2023 and 2022) shares of Class B Common Stock (22,958) (22,958)
Retained earnings 13,829 14,737
Accumulated other comprehensive loss (1,556) (1,807)
Total Paramount stockholders’ equity 22,526 23,036
Noncontrolling interests 524 570
Total Equity 23,050 23,606
Total Liabilities and Equity 53,543 58,393
Mandatory Convertible Preferred Stock    
Paramount stockholders’ equity:    
5.75% Series A Mandatory Convertible Preferred Stock, par value $.001 per share; 25 shares authorized and 10 shares issued (2023 and 2022) 0 0
Class A Common Stock    
Paramount stockholders’ equity:    
Common stock 0 0
Class B Common Stock    
Paramount stockholders’ equity:    
Common stock $ 1 $ 1