Company: WBD
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001437107-25-000216
Chunk: 143

Company: Warner Bros. Discovery, Inc.
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 8
Chunk 143
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ROS. DISCOVERY, INC.NOTES TO CONSOLIDATED FINANCIAL STATEMENTS(unaudited)

Nine Months Ended September 30, 2025Currency TranslationDerivativesPension Plan and SERP LiabilityAccumulated Other Comprehensive LossBeginning balance$(1,008)$15 $(74)$(1,067)Other comprehensive income before reclassifications623 11 — 634 Reclassifications from accumulated other comprehensive loss to net income3 (1)— 2 Other comprehensive income626 10 — 636 Ending balance$(382)$25 $(74)$(431)Nine Months Ended September 30, 2024Currency TranslationDerivativesPension Plan and SERP LiabilityAccumulated Other Comprehensive LossBeginning balance$(699)$18 $(60)$(741)Other comprehensive income before reclassifications315 40 — 355 Reclassifications from accumulated other comprehensive loss to net income— (15)— (15)Other comprehensive income315 25 — 340 Ending balance$(384)$43 $(60)$(401)

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 September 30,Nine Months Ended September 30,2025202420252024Revenues and service charges (a)$194 $237 $569 $1,129 Expenses$39 $58 $191 $218 Distributions to noncontrolling interests and redeemable noncontrolling interests$14 $11 $188 $172 (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.The table below presents receivables due from and payables due to related parties (in millions).September 30, 2025December 31, 2024Receivables$142 $254 Payables$14 $13 

NOTE 15. COMMITMENTS AND CONTINGENCIES

Legal MattersFrom time to time, in the normal course of its operations, the Company is subject to various