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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2024
Dec. 31, 2023
Current Assets:    
Cash and cash equivalents $ 2,384 $ 2,460
Receivables, net 7,096 7,115
Programming and other inventory 892 1,414
Prepaid expenses and other current assets 1,511 1,677
Current assets of discontinued operations 49 37
Total current assets 11,932 12,703
Property and equipment, net 1,612 1,666
Programming and other inventory 13,420 13,851
Goodwill 16,500 16,516
Intangible assets, net 2,580 2,589
Operating lease assets 1,117 1,183
Deferred income tax assets, net 1,244 1,242
Other assets 3,622 3,793
Total Assets 52,027 53,543
Current Liabilities:    
Accounts payable 787 1,100
Accrued expenses 1,728 2,104
Participants’ share and royalties payable 2,625 2,702
Accrued programming and production costs 1,994 1,842
Deferred revenues 671 746
Debt 1 1
Other current liabilities 1,438 1,161
Total current liabilities 9,244 9,656
Long-term debt 14,607 14,601
Participants’ share and royalties payable 1,337 1,394
Pension and postretirement benefit obligations 1,332 1,337
Deferred income tax liabilities, net 273 503
Operating lease liabilities 1,199 1,256
Program rights obligations 204 204
Other liabilities 1,494 1,542
Commitments and contingencies (Note 14)
Paramount stockholders’ equity:    
Additional paid-in capital 33,240 33,210
Treasury stock, at cost; $503 (2024 and 2023) shares of Class B Common Stock (22,958) (22,958)
Retained earnings 13,226 13,829
Accumulated other comprehensive loss (1,615) (1,556)
Total Paramount stockholders’ equity 21,894 22,526
Noncontrolling interests 443 524
Total Equity 22,337 23,050
Total Liabilities and Equity 52,027 53,543
Mandatory Convertible Preferred Stock    
Paramount stockholders’ equity:    
5.75% Series A Mandatory Convertible Preferred Stock, par value $.001 per share; 25 shares authorized; 10 (2024 and 2023) shares issued 0 0
Class A Common Stock    
Paramount stockholders’ equity:    
Common stock 0 0
Class B Common Stock    
Paramount stockholders’ equity:    
Common stock $ 1 $ 1