v3.25.3

REPORTABLE SEGMENTS - Schedule of Reconciliation of Segment Adjusted EBITDA to Loss before Income Taxes (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2025	Sep. 30, 2024	Sep. 30, 2025	Sep. 30, 2024
Segment Reporting Information [Line Items]
Segment Adjusted EBITDA	$ 2,742	$ 2,712	$ 7,801	$ 7,202
Depreciation and amortization	1,375	1,762	4,369	5,394
Employee share-based compensation	240	157	533	412
Restructuring and other charges	88	9	222	161
Transaction and integration costs	11	33	108	165
Facility consolidation costs	1	2	10	9
Impairment and amortization of fair value step-up for content	79	156	707	913
Amortization of capitalized interest for content	19	8	28	38
Impairments and loss on dispositions	46	5	162	9,412
Other expense (income), net	30	(30)	(191)	(188)
(Income) loss from equity investees, net	(17)	18	(15)	89
Loss (gain) on extinguishment of debt	1	(23)	(2,953)	(590)
Interest expense, net	570	494	1,501	1,527
Income (loss) before income taxes	27	(178)	2,047	(11,032)
Operating Segments \| Streaming
Segment Reporting Information [Line Items]
Segment Adjusted EBITDA	345	289	977	268
Restructuring and other charges	1	(16)	20	1
Operating Segments \| Studios
Segment Reporting Information [Line Items]
Segment Adjusted EBITDA	695	308	1,817	702
Restructuring and other charges	12	2	6	32
Operating Segments \| Global Linear Networks
Segment Reporting Information [Line Items]
Segment Adjusted EBITDA	1,702	2,115	5,007	6,232
Restructuring and other charges	16	5	57	58
Corporate
Segment Reporting Information [Line Items]
Segment Adjusted EBITDA	258	296	807	927
Inter-segment eliminations
Segment Reporting Information [Line Items]
Segment Adjusted EBITDA	$ 14	$ 3	$ 466	$ (35)

Amount of expense for acquisition-related cost incurred to effect business combination. Includes, but is not limited to, finder's fee; advisory, legal, accounting, valuation, and other professional and consulting fees; and general administrative cost, including cost of maintaining internal acquisition department.

Warner Bros. Discovery, Inc. 10-Q