Company: WBD
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001437107-25-000192
Chunk: 143

Company: Warner Bros. Discovery, Inc.
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 8
Chunk 143
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 Flow InformationSix Months Ended June 30,20252024Non-cash investing and financing activities:Assets acquired under finance lease and other arrangements$219 $224 Settlement of PRSU awards$62 $40 Accrued debt tender fees$95 $— 

23

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

Cash, Cash Equivalents, and Restricted Cash June 30, 2025December 31, 2024Cash and cash equivalents$4,888 $5,312 Restricted cash - recorded in prepaid expenses and other current assets (1)3 104 Total cash, cash equivalents, and restricted cash $4,891 $5,416 (1) Restricted cash at December 31, 2024 primarily includes cash posted as collateral related to the Company’s revolving receivables program. (See Note 5.)Earnings Per ShareThe table below presents a reconciliation of net income (loss) available to Warner Bros. Discovery, Inc. Series A common stockholders for basic and diluted earnings per share (in millions).Three Months Ended June 30,Six Months Ended June 30,2025202420252024Numerator:Net income (loss)$1,588 $(10,028)$1,139 $(10,983)Less:Net income attributable to noncontrolling interests(7)(10)(15)(17)Net (income) loss attributable to redeemable noncontrolling interests(1)52 3 48 Redeemable noncontrolling interest adjustments of carrying value to redemption value (redemption value does not equal fair value)— — — (4)Net income (loss) available to Warner Bros. Discovery, Inc. Series A common stockholders for basic and diluted earnings per share$1,580 $(9,986)$1,127 $(10,956)Denominator — weighted average:Common shares outstanding — basic2,477 2,451 2,469 2,447 Dilutive effect of share-based awards22 — 31 — Common shares outstanding — diluted2,499 2,451 2,500 2,447 Basic net loss per share allocated to common stockholders$0.64 $(4.07)$0.46 $(4.48)Diluted net loss per share allocated to common stockholders$0.63