v3.26.1
CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY - USD ($)
shares in Millions, $ in Millions
Total
Total Paramount Stockholders’ Equity
Preferred Stock Outstanding
Class A and B Common Stock Outstanding
Additional Paid-In Capital
Treasury Stock
Retained Earnings (Accumulated Deficit)
Accumulated Other Comprehensive Income (Loss)
Noncontrolling Interests
Preferred stock outstanding, beginning balance (in shares) at Dec. 31, 2022     10            
Beginning balance at Dec. 31, 2022 $ 23,606 $ 23,036 $ 0 $ 1 $ 33,063 $ (22,958) $ 14,737 $ (1,807) $ 570
Common stock outstanding, beginning balance (in shares) at Dec. 31, 2022       650          
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Stock-based compensation activity (in shares)       3          
Stock-based compensation activity 166 166     147   19    
Preferred stock dividends (58) (58)         (58)    
Common stock dividends (261) (261)         (261)    
Noncontrolling interests (81)               (81)
Net earnings (loss) (576) (608)         (608)   32
Other comprehensive income (loss) 254 251           251 3
Preferred stock outstanding, ending balance (in shares) at Dec. 31, 2023     10            
Ending balance at Dec. 31, 2023 23,050 22,526 $ 0 $ 1 33,210 (22,958) 13,829 (1,556) 524
Common stock outstanding, ending balance (in shares) at Dec. 31, 2023       653          
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Stock-based compensation activity (in shares)       6          
Stock-based compensation activity 184 184     184        
Stock conversion (in shares)     (10) 12          
Preferred stock dividends (14) (14)         (14)    
Common stock dividends (138) (138)         (138)    
Noncontrolling interests (100)               (100)
Net earnings (loss) (6,149) (6,190)         (6,190)   41
Other comprehensive income (loss) (51) (48)           (48) (3)
Preferred stock outstanding, ending balance (in shares) at Dec. 31, 2024     0            
Ending balance at Dec. 31, 2024 16,782 16,320 $ 0 $ 1 33,394 (22,958) 7,487 (1,604) 462
Common stock outstanding, ending balance (in shares) at Dec. 31, 2024       671          
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Stock-based compensation activity (in shares)       3          
Stock-based compensation activity 85 85     85        
Common stock dividends (70) (70)         (70)    
Noncontrolling interests (37)               (37)
Net earnings (loss) 412 (35)         (35)   447
Other comprehensive income (loss) 141 140           140 1
Cancellation of treasury stock (Note 13) 0       (22,958) 22,958      
Preferred stock outstanding, ending balance (in shares) at Aug. 06, 2025     0            
Ending balance at Aug. 06, 2025 17,313 16,440 $ 0 $ 1 10,521 0 7,382 (1,464) 873
Common stock outstanding, ending balance (in shares) at Aug. 06, 2025       674          
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Adjustments to Paramount Global’s basis (Note 2) (5,984) (6,262)     (344)   (7,382) 1,464 278
PIPE Transaction (Note 13) (in shares)       108          
PIPE Transaction (Note 13) 1,517 1,517     1,517        
Addition of Skydance (in shares)       314          
Addition of Skydance 422 422     1,589   (1,167)    
Preferred stock outstanding, ending balance (in shares) at Aug. 07, 2025     0            
Ending balance at Aug. 07, 2025 13,268 12,117 $ 0 $ 1 13,283 0 (1,167) 0 1,151
Common stock outstanding, ending balance (in shares) at Aug. 07, 2025       1,096          
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Stock-based compensation activity (in shares)       3          
Stock-based compensation activity 100 100     100        
Common stock dividends (114)                
Common stock dividends (114) (114)     (114)        
Acquisition (Note 13) (in shares)       9          
Acquisition (Note 13) 117 117     117        
Noncontrolling interests (4)               (4)
Net earnings (loss) (540) (586)         (586)   46
Other comprehensive income (loss) 60 59           59 1
Preferred stock outstanding, ending balance (in shares) at Dec. 31, 2025     0            
Ending balance at Dec. 31, 2025 $ 12,887 $ 11,693 $ 0 $ 1 $ 13,386 $ 0 $ (1,753) $ 59 $ 1,194
Common stock outstanding, ending balance (in shares) at Dec. 31, 2025       1,108