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Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2022
Dec. 31, 2021
Current Assets:    
Cash and cash equivalents $ 3,383 $ 6,267
Receivables, net 6,588 6,984
Programming and other inventory 1,492 1,504
Prepaid expenses and other current assets 1,263 1,176
Current assets of discontinued operations 798 745
Total current assets 13,524 16,676
Property and equipment, net 1,700 1,736
Programming and other inventory 15,449 13,358
Goodwill 16,426 16,584
Intangible assets, net 2,716 2,772
Operating lease assets 1,482 1,630
Deferred income tax assets, net 1,254 1,206
Other assets 3,929 3,824
Assets held for sale 0 19
Assets of discontinued operations 807 815
Total Assets 57,287 58,620
Current Liabilities:    
Accounts payable 943 800
Accrued expenses 2,071 2,323
Participants’ share and royalties payable 2,618 2,159
Accrued programming and production costs 1,837 1,342
Deferred revenues 796 1,091
Debt 196 11
Other current liabilities 1,331 1,182
Current liabilities of discontinued operations 534 571
Total current liabilities 10,326 9,479
Long-term debt 15,638 17,698
Participants’ share and royalties payable 1,436 1,244
Pension and postretirement benefit obligations 1,844 1,946
Deferred income tax liabilities, net 1,037 1,063
Operating lease liabilities 1,468 1,598
Program rights obligations 375 404
Other liabilities 1,727 1,898
Liabilities of discontinued operations 203 213
Redeemable noncontrolling interest 94 107
Commitments and contingencies (Note 14)
Paramount stockholders’ equity:    
5.75% Series A Mandatory Convertible Preferred Stock, par value $.001 per share; 25 shares authorized and 10 shares issued (2022 and 2021) 0 0
Additional paid-in capital 33,034 32,918
Treasury stock, at cost; 503 (2022 and 2021) Class B shares (22,958) (22,958)
Retained earnings 14,889 14,343
Accumulated other comprehensive loss (2,319) (1,902)
Total Paramount stockholders’ equity 22,647 22,402
Noncontrolling interests 492 568
Total Equity 23,139 22,970
Total Liabilities and Equity 57,287 58,620
Common Class A    
Paramount stockholders’ equity:    
Common stock 0 0
Common Class B    
Paramount stockholders’ equity:    
Common stock $ 1 $ 1