v3.25.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2025
Dec. 31, 2024
Current Assets:    
Cash and cash equivalents $ 2,673 $ 2,661
Receivables, net 6,835 6,920
Programming and other inventory 1,054 1,429
Prepaid expenses and other current assets 1,411 1,532
Total current assets 11,973 12,542
Property and equipment, net 1,519 1,566
Programming and other inventory 14,032 13,924
Goodwill 10,488 10,508
Intangible assets, net 2,404 2,406
Operating lease assets 945 1,012
Deferred income tax assets, net 1,342 1,386
Other assets 2,693 2,828
Total Assets 45,396 46,172
Current Liabilities:    
Accounts payable 735 953
Accrued expenses 1,737 2,199
Participants’ share and royalties payable 2,585 2,574
Accrued programming and production costs 1,833 1,720
Deferred revenues 765 825
Debt 346 0
Other current liabilities 1,291 1,360
Total current liabilities 9,292 9,631
Long-term debt 14,161 14,501
Participants’ share and royalties payable 1,315 1,310
Pension and postretirement benefit obligations 1,108 1,226
Deferred income tax liabilities, net 40 34
Operating lease liabilities 1,020 1,048
Program rights obligations 221 260
Other liabilities 1,311 1,380
Commitments and contingencies (Note 13)
Paramount stockholders’ equity:    
Additional paid-in capital 33,412 33,394
Treasury stock, at cost; 503 (2025 and 2024) shares of Class B Common Stock (22,958) (22,958)
Retained earnings 7,604 7,487
Accumulated other comprehensive loss (1,521) (1,604)
Total Paramount stockholders’ equity 16,538 16,320
Noncontrolling interests 390 462
Total Equity 16,928 16,782
Total Liabilities and Equity 45,396 46,172
Mandatory Convertible Preferred Stock    
Paramount stockholders’ equity:    
5.75% Series A Mandatory Convertible Preferred Stock, par value $.001 per share; 25 shares authorized; 0 (2025 and 2024) shares issued 0 0
Class A Common Stock    
Paramount stockholders’ equity:    
Common stock 0 0
Class B Common Stock    
Paramount stockholders’ equity:    
Common stock $ 1 $ 1