Company: WBD
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001437107-25-000192
Chunk: 61

Company: Warner Bros. Discovery, Inc.
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 1
Chunk 61
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ativesPension Plan and SERP LiabilityAccumulated Other Comprehensive LossBeginning balance$(1,008)$15 $(74)$(1,067)Other comprehensive income (loss) before reclassifications675 29 — 704 Reclassifications from accumulated other comprehensive loss to net income— (8)— (8)Other comprehensive income (loss) 675 21 — 696 Ending balance$(333)$36 $(74)$(371)Six Months Ended June 30, 2024Currency TranslationDerivativesPension Plan and SERP LiabilityAccumulated Other Comprehensive LossBeginning balance$(699)$18 $(60)$(741)Other comprehensive income (loss) before reclassifications(167)25 — (142)Reclassifications from accumulated other comprehensive loss to net income— (7)— (7)Other comprehensive income (loss) (167)18 — (149)Ending balance$(866)$36 $(60)$(890)

NOTE 14. RELATED PARTY TRANSACTIONS

In the normal course of business, the Company enters into transactions with related parties. Related party transactions include revenues and expenses for content and services provided to or acquired from equity method investees, entities that share common directorship, or minority partners of consolidated subsidiaries. The table below presents a summary of the transactions with related parties (in millions).Three Months Ended June 30,Six Months Ended June 30,2025202420252024Revenues and service charges (a)$161 $239 $375 $892 Expenses$84 $83 $152 $160 Distributions to noncontrolling interests and redeemable noncontrolling interests$17 $31 $174 $161 (a) The decrease in revenue and service charges in 2025 is primarily attributable to transactions with certain entities that are no longer considered related parties, as such entities and the Company ceased to share common directorship in 2025.

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WARNER BROS. DISCOVERY, INC.NOTES TO CONSOLIDATED FINANCIAL STATEMENTS(unaudited)

The table below presents receivables due from and payables due to related parties (in millions).June 30, 2025December 31, 2024Receivables$158 $254 Payables$45 $13 

NOTE 15. COMMITMENTS AND CONTINGENCIES

Legal MattersFrom time to time, in the normal course of its