Stock Analysis on Net
Stock Analysis on Net

Warner Bros. Discovery Inc. (NASDAQ:WBD)

$22.49

This company has been moved to the archive! The financial data has not been updated since November 4, 2022.

Balance Sheet: Liabilities and Stockholders’ Equity
Quarterly Data

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Liabilities represents obligations of a company arising from past events, the settlement of which is expected to result in an outflow of economic benefits from the entity.

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Warner Bros. Discovery Inc., consolidated balance sheet: liabilities and stockholders’ equity (quarterly data)

US$ in millions

Microsoft Excel
Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017
Accounts payable
Accrued liabilities
Deferred revenues
Current portion of debt
Current liabilities
Noncurrent portion of debt, net
Deferred income taxes
Other noncurrent liabilities
Noncurrent liabilities
Total liabilities
Redeemable noncontrolling interests
Series A common stock: $0.01 par value
Preferred stock: $0.01 par value
Discovery Series A-1 convertible preferred stock: $0.01 par value
Discovery Series C-1 convertible preferred stock: $0.01 par value
Discovery Series A common stock: $0.01 par value
Discovery Series B convertible common stock: $0.01 par value
Discovery Series C common stock: $0.01 par value
Additional paid-in capital
Treasury stock, at cost
Retained earnings
Accumulated other comprehensive loss
Total Warner Bros. Discovery, Inc. stockholders’ equity
Noncontrolling interests
Total equity
Total liabilities and equity

Based on: 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31).

The analysis of the financial data reveals several noteworthy trends and patterns across the examined periods.

Accounts Payable
Accounts payable showed a generally rising trend from 200 million USD in March 2017 to 1,534 million USD by December 2022. There is notable acceleration in growth towards the end of the series, particularly after June 2022 when the account increased sharply.
Accrued Liabilities
Accrued liabilities followed a fluctuating but overall increasing trend ending at high levels above 10 billion USD by the last two periods. Earlier years showed modest fluctuations, but significant spikes appear from 2022 onwards, with levels nearing 10,200 million USD.
Deferred Revenues
Deferred revenues fluctuated moderately, peaking near the end of 2019 and showing variable decreases and increases through 2022. The ending values in late 2022 are considerably higher than the initial periods, suggesting increased income received ahead of service delivery.
Current Portion of Debt
The current portion of debt experienced high volatility. Starting relatively low near 132 million USD in early 2017, it surged to over 1,860 million USD by late 2018, then decreased again before rising substantially to 1,257 million USD by September 2022. This behavior indicates fluctuating short-term debt obligations.
Current Liabilities
Current liabilities grew substantially over the analyzed timeline, more than doubling from 1,534 million USD in March 2017 to approximately 14,676 million USD by the last quarter. This growth aligns with the increases in accounts payable, accrued liabilities, and current debt.
Noncurrent Portion of Debt, Net
Noncurrent debt exhibited sharp increases between 2017 and early 2018, rising from around 7,970 million USD to over 19,200 million USD. Subsequently, it gradually decreased to about 48,612 million USD by late 2022. This indicates significant refinancing or repayment activity along with possible new issuances.
Deferred Income Taxes
Deferred income taxes demonstrated growth between 2017 and 2018, peaking near 1,994 million USD at March 2018, then steady declines followed, with a notably large increase in 2022, reaching over 12,000 million USD before a slight dip. This sizable jump in deferred tax liabilities may reflect changes in tax strategy or asset valuations.
Other Noncurrent Liabilities
Other noncurrent liabilities increased continuously, expanding from around 345 million USD in early 2017 to over 10,300 million USD by the end of the timeline, reflecting growing long-term obligations outside of formal debt.
Total Liabilities
Total liabilities rose dramatically, more than tripling from approximately 10,278 million USD in early 2017 to nearly 89,293 million USD in June 2022 before slightly decreasing. This considerable increase underscores a significant expansion in the company’s overall leverage.
Redeemable Noncontrolling Interests
This category remained relatively stable and low compared to other liabilities, fluctuating modestly around the 300–450 million USD range.
Stockholders’ Equity
Stockholders’ equity displayed an overall growth from 5,335 million USD in March 2017 to around 51,383 million USD in June 2022, followed by a slight decline to 48,517 million USD by September 2022. This reflects equity issuance combined with profitability and retained earnings accumulation over the period.
Retained Earnings
Retained earnings showed consistent growth from 5,382 million USD in early 2017 to a peak exceeding 10,000 million USD by March 2022, but declined thereafter to approximately 4,306 million USD in September 2022, signaling potential dividend payments, losses, or other equity adjustments late in the period.
Accumulated Other Comprehensive Loss
This line item deepened its negative balance over time, reaching almost -2,119 million USD by late 2022, indicating increasing unrealized losses or other comprehensive deficits.
Total Equity
Total equity increased strongly through 2021, peaking near 13,227 million USD, then showed a large step increase in 2022, in line with the introduction of new equity or revaluation, before slightly declining. The final values greatly surpass the initial equity position.
Total Liabilities and Equity
The combined total liabilities and equity grew substantially from 15,862 million USD in early 2017 to over 142,240 million USD at the peak in June 2022, then recovered slightly lower. This growth reflects the company’s overall expansion and increased financing activities.

In summary, the data depict significant growth in liabilities, particularly noncurrent debt and accrued liabilities, indicating increased borrowing and obligations over time. Concurrently, equity expanded substantially, supported by rising retained earnings and paid-in capital. The sharp increases around 2021–2022 suggest major corporate events or financing transactions. However, certain declines in retained earnings and the deepening comprehensive loss toward the end raise considerations about recent financial pressures or market conditions.