Company: WBD
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001437107-25-000192
Chunk: 140

Company: Warner Bros. Discovery, Inc.
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 8
Chunk 140
---
$— $317 Equity securities:Money market fundCash and cash equivalents50 — — 50 Mutual fundsPrepaid expenses and other current assets12 — — 12 Company-owned life insurance contractsPrepaid expenses and other current assets— 7 — 7 Mutual fundsOther noncurrent assets211 — — 211 Company-owned life insurance contractsOther noncurrent assets— 95 — 95 Total$273 $419 $— $692 LiabilitiesDeferred compensation planAccrued liabilities$67 $— $— $67 Deferred compensation planOther noncurrent liabilities659 — — 659 Total$726 $— $— $726 

21

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

December 31, 2024CategoryBalance Sheet LocationLevel 1Level 2Level 3TotalAssetsCash equivalents:Time depositsCash and cash equivalents$— $95 $— $95 Equity securities:Money market fundsCash and cash equivalents46 — — 46 Mutual fundsPrepaid expenses and other current assets16 — — 16 Company-owned life insurance contractsPrepaid expenses and other current assets— 1 — 1 Mutual fundsOther noncurrent assets216 — — 216 Company-owned life insurance contractsOther noncurrent assets— 102 — 102 Total$278 $198 $— $476 LiabilitiesDeferred compensation planAccrued liabilities$62 $— $— $62 Deferred compensation planOther noncurrent liabilities650 — — 650 Total$712 $— $— $712 In addition to the financial instruments listed in the tables above, the Company holds other financial instruments, including cash deposits, accounts receivable, accounts payable, senior notes, and a bridge loan. The carrying values for such financial instruments, other than the senior notes, each approximated their fair values as of June 30, 2025 and December 31, 2024. The estimated fair value of the Company’s outstanding senior notes, including accrued interest, using quoted prices from over-the-counter markets, considered Level 2 inputs, was $14.7 billion and $34.9 billion as of June 30, 2025 and December 31,