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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Operating Activities:    
Net loss (Paramount and noncontrolling interests) $ (544) $ (1,112)
Less: Net earnings from discontinued operations, net of tax 9 45
Net loss from continuing operations (553) (1,157)
Adjustments to reconcile net loss from continuing operations to net cash flow provided by (used for) operating activities from continuing operations:    
Depreciation and amortization 100 100
Programming charges 1,118 1,674
Deferred tax benefit (231) (436)
Stock-based compensation 47 39
Loss from investment 4 0
Equity in loss of investee companies, net of tax 90 75
Change in assets and liabilities (315) (778)
Net cash flow provided by (used for) operating activities from continuing operations 260 (483)
Net cash flow provided by operating activities from discontinued operations 0 105
Net cash flow provided by (used for) operating activities 260 (378) Close
Investing Activities:    
Investments (88) (43)
Capital expenditures (51) (71)
Other investing activities 11 25
Net cash flow used for investing activities (128) (89) Close
Financing Activities:    
Proceeds from issuance of debt 0 35
Repayment of debt 0 (32)
Dividends paid on preferred stock (14) (14)
Dividends paid on common stock (35) (166)
Payment of payroll taxes in lieu of issuing shares for stock-based compensation (17) (16)
Payments to noncontrolling interests (94) (89)
Other financing activities (27) (30)
Net cash flow used for financing activities (187) (312) Close
Effect of exchange rate changes on cash and cash equivalents (21) 3 Close
Net decrease in cash and cash equivalents (76) (776) Close
Cash and cash equivalents at beginning of year 2,460 2,885
Cash and cash equivalents at end of period $ 2,384 $ 2,109