v3.26.1
Costs of Revenue
6 Months Ended
Jun. 30, 2026
Cost of Revenue [Abstract]  
Costs of Revenue Costs of Revenue
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
(in millions)
Programming and production
$522 $573 $1,041 $1,120 
Other
128 127 247 234 
Total costs of revenue
$650 $700 $1,288 $1,354 
Programming and Production Costs
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
(in millions)
Licensed, including sports rights
$345 $343 $647 $662 
Owned
177 230 394 458 
Total programming and production costs
$522 $573 $1,041 $1,120 
Capitalized Content Costs
June 30,December 31,
20262025
(in millions)
Licensed, including sports advances$498 $436 
Owned:
In production and in development
24 30 
Released, less amortization
65 73 
89 103 
Content costs
$587 $539