v3.25.2
Segment Information - Schedule of Segment Information (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Segment Reporting Information [Line Items]        
Revenue $ 30,313 $ 29,688 $ 60,199 $ 59,746
Programming and production 7,576 7,961 15,991 16,784
Marketing and promotion 2,168 1,922 4,239 3,940
Depreciation (2,349) (2,153) (4,580) (4,328)
Amortization (1,805) (1,387) (3,423) (2,762)
Interest expense (1,105) (1,026) (2,155) (2,028)
Investment and other income (loss), net 9,760 (434) 9,644 (137)
Income before income taxes 14,647 5,175 19,139 10,280
Operating Segments        
Segment Reporting Information [Line Items]        
Revenue 31,611 30,798 62,892 62,166
Adjusted EBITDA 10,751 10,594 20,823 20,514
Operating Segments | External Customers        
Segment Reporting Information [Line Items]        
Revenue 29,646 29,030 58,855 58,368
Operating Segments | Residential Connectivity & Platforms        
Segment Reporting Information [Line Items]        
Revenue 17,814 17,824 35,457 35,692
Programming and production 8,105 4,248 3,998 8,654
Other 13,351 6,472 6,734 13,083
Adjusted EBITDA 14,000 7,103 7,082 13,955
Operating Segments | Residential Connectivity & Platforms | External Customers        
Segment Reporting Information [Line Items]        
Revenue 17,793 17,794 35,399 35,624
Operating Segments | Business Services Connectivity        
Segment Reporting Information [Line Items]        
Revenue 2,575 2,421 5,071 4,829
Other 2,205 1,041 1,131 2,083
Adjusted EBITDA 2,866 1,380 1,444 2,746
Operating Segments | Business Services Connectivity | External Customers        
Segment Reporting Information [Line Items]        
Revenue 2,569 2,416 5,059 4,817
Operating Segments | Media        
Segment Reporting Information [Line Items]        
Revenue 6,440 6,324 12,880 12,695
Programming and production 7,563 3,595 3,551 7,735
Marketing and promotion 627 287 304 601
Other 2,204 1,087 1,102 2,177
Adjusted EBITDA 2,486 1,356 1,482 2,182
Operating Segments | Media | External Customers        
Segment Reporting Information [Line Items]        
Revenue 5,202 5,190 10,438 10,412
Operating Segments | Studios        
Segment Reporting Information [Line Items]        
Revenue 2,432 2,253 5,259 4,996
Programming and production 3,559 1,499 1,661 3,358
Marketing and promotion 844 394 452 825
Other 472 236 234 445
Adjusted EBITDA 383 124 85 367
Operating Segments | Studios | External Customers        
Segment Reporting Information [Line Items]        
Revenue 1,733 1,657 3,733 3,561
Operating Segments | Theme Parks        
Segment Reporting Information [Line Items]        
Revenue 2,349 1,975 4,226 3,954
Other 3,139 1,343 1,691 2,690
Adjusted EBITDA 1,087 632 658 1,264
Operating Segments | Theme Parks | External Customers        
Segment Reporting Information [Line Items]        
Revenue 2,349 1,974 4,225 3,953
Intersegment Eliminations        
Segment Reporting Information [Line Items]        
Revenue 1,965 1,768 4,037 3,798
Intersegment Eliminations | Residential Connectivity & Platforms        
Segment Reporting Information [Line Items]        
Revenue 21 30 58 68
Intersegment Eliminations | Business Services Connectivity        
Segment Reporting Information [Line Items]        
Revenue 6 6 11 12
Intersegment Eliminations | Media        
Segment Reporting Information [Line Items]        
Revenue 1,238 1,134 2,443 2,283
Intersegment Eliminations | Studios        
Segment Reporting Information [Line Items]        
Revenue 700 597 1,525 1,435
Intersegment Eliminations | Theme Parks        
Segment Reporting Information [Line Items]        
Revenue 0 1 1 1
Other revenue        
Segment Reporting Information [Line Items]        
Revenue 717 715 1,469 1,494
Other revenue | Media, Studios and Theme Parks headquarters and other        
Segment Reporting Information [Line Items]        
Adjusted EBITDA (263) (198) (517) (442)
Other revenue | Corporate and other        
Segment Reporting Information [Line Items]        
Adjusted EBITDA (419) (257) (755) (580)
Eliminations        
Segment Reporting Information [Line Items]        
Revenue (2,015) (1,825) (4,162) (3,914)
Adjusted EBITDA $ 77 $ 36 $ 103 $ 43