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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Income Statement [Abstract]    
Revenues $ 7,685 $ 7,265 Close
Costs and expenses:    
Operating 5,036 4,964
Programming charges 1,118 1,674
Selling, general and administrative 1,662 1,753
Depreciation and amortization 100 100
Restructuring charges 186 0
Total costs and expenses 8,102 8,491 Close
Operating loss (417) (1,226) Close
Interest expense (221) (226) Close
Interest income 45 35 Close
Loss from investment (4) 0 Close
Other items, net (38) (46) Close
Total Other Income Expenses -218.0 -237.0 0 0 0 Close
Loss from continuing operations before income taxes and equity in loss of investee companies (635) (1,463) CloseClose
Benefit from income taxes 172 381 Close
Equity in loss of investee companies, net of tax (90) (75) Close
Net loss from continuing operations (553) (1,157) Close
Net earnings from discontinued operations, net of tax 9 45
Net loss (Paramount and noncontrolling interests) (544) (1,112)
Net earnings attributable to noncontrolling interests (10) (6)
Net loss attributable to Paramount (554) (1,118)
Amounts attributable to Paramount:    
Net loss from continuing operations (563) (1,163)
Net earnings from discontinued operations, net of tax 9 45
Net loss attributable to Paramount $ (554) $ (1,118)
Basic net earnings (loss) per common share attributable to Paramount:    
Net loss from continuing operations (in dollars per share) $ (0.88) $ (1.81)
Net earnings from discontinued operations (in dollars per share) 0.01 0.07
Net loss (in dollars per share) (0.87) (1.74)
Diluted net earnings (loss) per common share attributable to Paramount:    
Net loss from continuing operations (in dollars per share) (0.88) (1.81)
Net earnings from discontinued operations (in dollars per share) 0.01 0.07
Net loss (in dollars per share) $ (0.87) $ (1.74)
Weighted average number of common shares outstanding:    
Basic (in shares) 654 651
Diluted (in shares) 654 651