| Schedule of Disaggregation of Revenue |
| | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended
June 30, | | Six Months Ended
June 30, | | (in millions) | 2025 | | 2024(a) | | 2025 | | 2024(a) | | Domestic broadband | $ | 6,530 | | | $ | 6,429 | | | $ | 13,088 | | | $ | 12,875 | | | Domestic wireless | 1,195 | | | 1,019 | | | 2,318 | | | 1,991 | | | International connectivity | 1,219 | | | 1,056 | | | 2,351 | | | 2,090 | | | Total residential connectivity | 8,945 | | | 8,505 | | | 17,758 | | | 16,956 | | Video | 6,722 | | | 7,013 | | | 13,440 | | | 14,117 | | Advertising | 935 | | | 993 | | | 1,816 | | | 1,944 | | Other | 1,213 | | | 1,313 | | | 2,443 | | | 2,675 | | Total Residential Connectivity & Platforms Segment | 17,814 | | | 17,824 | | | 35,457 | | | 35,692 | | | | | | | | | | | Total Business Services Connectivity Segment | 2,575 | | | 2,421 | | | 5,071 | | | 4,829 | | | | | | | | | | | Domestic advertising | 1,848 | | | 1,991 | | | 3,734 | | | 4,016 | | | Domestic distribution | 2,812 | | | 2,764 | | | 5,734 | | | 5,670 | | International networks | 1,266 | | | 1,102 | | | 2,429 | | | 2,123 | | | Other | 514 | | | 467 | | | 983 | | | 887 | | Total Media Segment | 6,440 | | | 6,324 | | | 12,880 | | | 12,695 | | | | | | | | | | Content licensing | 1,805 | | | 1,714 | | | 3,979 | | | 3,815 | | | Theatrical | 284 | | | 237 | | | 570 | | | 567 | | | Other | 343 | | | 302 | | | 709 | | | 614 | | Total Studios Segment | 2,432 | | | 2,253 | | | 5,259 | | | 4,996 | | | | | | | | | | | Total Theme Parks Segment | 2,349 | | | 1,975 | | | 4,226 | | | 3,954 | | | | | | | | | | Other revenue | 717 | | | 715 | | | 1,469 | | | 1,494 | | Eliminations(b) | (2,015) | | | (1,825) | | | (4,162) | | | (3,914) | | | Total revenue | $ | 30,313 | | | $ | 29,688 | | | $ | 60,199 | | | $ | 59,746 | |
(a)Beginning in the first quarter of 2025, commission revenue from the sale of certain direct to consumer (“DTC”) streaming services and revenue related to certain equipment are presented in video revenue. Previously, these amounts were presented in domestic broadband and international connectivity. Prior periods have been reclassified to reflect the current year presentation. (b)See Note 2 for additional information on intersegment revenue transactions.
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| Schedule of Receivables, Net |
Condensed Consolidated Balance Sheets The table below summarizes our accounts receivable and other balances that are not separately presented in our condensed consolidated balance sheets that relate to the recognition of revenue and collection of the related cash. | | | | | | | | | | | | | (in millions) | June 30,
2025 | | December 31,
2024 | | Receivables, gross | $ | 13,772 | | | $ | 14,399 | | | Less: Allowance for credit losses | 732 | | | 738 | | | Receivables, net | $ | 13,040 | | | $ | 13,661 | | | Noncurrent receivables, net (included in other noncurrent assets, net) | $ | 1,778 | | | $ | 1,853 | | | Noncurrent deferred revenue (included in other noncurrent liabilities) | $ | 719 | | | $ | 665 | | | | | | | | | | | | | | | | | |
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| Schedule of Other Balance Sheet Accounts |
Our accounts receivables include amounts not yet billed related to equipment installment plans, as summarized in the table below. | | | | | | | | | | | | | (in millions) | June 30,
2025 | | December 31,
2024 | | Receivables, net | $ | 1,953 | | | $ | 1,827 | | | Noncurrent receivables, net (included in other noncurrent assets, net) | 1,238 | | | 1,225 | | | | | | | Total | $ | 3,190 | | | $ | 3,052 | |
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