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Segment and Revenue Information (Tables)
12 Months Ended
Dec. 31, 2020
Segment Reporting [Abstract]  
Revenues by Segment
The following tables set forth our financial performance by reportable segment. Our operating segments, which are the same as our reportable segments, have been determined in accordance with our internal management structure, which is organized based upon products and services.

On November 25, 2020, we entered into an agreement to sell Simon & Schuster to Penguin Random House. As a result, Simon & Schuster, which was previously reported as the Publishing segment, has been presented as a discontinued operation in our consolidated financial statements. Prior periods have been reclassified to conform to this presentation. See Note 3.
Year Ended December 31,202020192018
Revenues:
Advertising$5,035 $6,008 $5,751 
Affiliate3,129 2,550 2,082 
Content licensing2,369 3,157 3,006 
Other167 209 222 
TV Entertainment10,700 11,924 11,061 
Advertising4,743 5,129 5,130 
Affiliate6,037 6,052 6,294 
Content licensing1,809 1,268 1,259 
Cable Networks12,589 12,449 12,683 
Theatrical180 547 744 
Home Entertainment709 623 617 
Licensing1,598 1,709 1,493 
Other75 111 102 
Filmed Entertainment2,562 2,990 2,956 
Corporate/Eliminations(566)(365)(275)
Total Revenues$25,285 $26,998 $26,425 
Intercompany Revenues by Segment
Year Ended December 31,202020192018
Intercompany Revenues:
TV Entertainment$285 $226 $164 
Cable Networks79 53 47 
Filmed Entertainment202 117 95 
Total Intercompany Revenues$566 $396 $306 
Adjusted OIBDA by Segment
Year Ended December 31, 202020192018
Adjusted OIBDA:
TV Entertainment$1,857 $2,443 $2,466 
Cable Networks3,746 3,515 4,341 
Filmed Entertainment215 80 (33)
Corporate/Eliminations(500)(449)(433)
Stock-based compensation(186)(196)(201)
Depreciation and amortization(430)(438)(427)
Restructuring and other corporate matters(618)(769)(489)
Programming charges(159)(589)(162)
Gain on sales214 549 — 
Operating income4,139 4,146 5,062 
Interest expense(1,031)(962)(1,030)
Interest income60 66 79 
Net gain (losses) from investments206 85 (53)
Gain (loss) on extinguishment of debt(126)— 18 
Other items, net(101)(112)(92)
Earnings from continuing operations before income taxes and
equity in loss of investee companies
3,147 3,223 3,984 
(Provision) benefit for income taxes(535)29 (580)
Equity in loss of investee companies, net of tax(28)(53)(47)
Net earnings from continuing operations2,584 3,199 3,357 
Net earnings from discontinued operations, net of tax117 140 135 
Net earnings (ViacomCBS and noncontrolling interests)2,701 3,339 3,492 
Net earnings attributable to noncontrolling interests(279)(31)(37)
Net earnings attributable to ViacomCBS$2,422 $3,308 $3,455 
Depreciation and Amortization and Capital Expenditures
Year Ended December 31,202020192018
Depreciation and Amortization:
TV Entertainment$162 $150 $160 
Cable Networks205 219 194 
Filmed Entertainment36 37 38 
Corporate27 32 35 
Total Depreciation and Amortization$430 $438 $427 
Year Ended December 31,202020192018
Capital Expenditures:
TV Entertainment$112 $113 $112 
Cable Networks110 166 156 
Filmed Entertainment37 43 52 
Corporate65 23 25 
Total Capital Expenditures$324 $345 $345 
Assets by Segment
At December 31,20202019
Assets:
TV Entertainment $19,443 $19,689 
Cable Networks 23,139 22,109 
Filmed Entertainment6,440 5,477 
Corporate/Eliminations2,202 969 
Discontinued Operations1,439 1,341 
Total Assets$52,663 $49,585 
Revenues by Customer Location
Year Ended December 31,202020192018
Revenues: (a)
United States$20,690 $21,449 $20,442 
International4,595 5,549 5,983 
Total Revenues$25,285 $26,998 $26,425 
(a) Revenue classifications are based on customers’ locations.
Long-lived Assets by Geographic Area
At December 31,20202019
Long-lived Assets: (a)
United States$13,435 $12,417 
International785 498 
Total Long-lived Assets$14,220 $12,915 
(a) Reflects total assets less current assets, investments, goodwill, intangible assets, noncurrent receivables and noncurrent deferred tax assets.