v3.26.1
Revenue (Tables)
6 Months Ended
Jun. 30, 2026
Revenue from Contract with Customer [Abstract]  
Disaggregation of revenue
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
(in millions)
Linear distribution
$954 $1,017 $1,959 $2,103 
Advertising423 425 791 814 
Platforms
225 223 417 398 
Content licensing and other
43 43 164 100 
Total revenue
$1,644 $1,708 $3,331 $3,415 
Schedule of receivables, net
Balance Sheets
June 30,December 31,
20262025
(in millions)
Receivables, gross$1,328 $1,161 
Less: Allowance for credit losses10 
Receivables, net
$1,326 $1,151