Discovery, Inc. (DISCA) financial statements (2021 and earlier)

Company profile

Business Address 8403 COLESVILLE ROAD
SILVER SPRING, MD 20910
State of Incorp. DE
Fiscal Year End December 31
SIC 4841 - Cable and Other Pay Television Services (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments2,0911,5529867,309460539367
Cash and cash equivalents2,0911,5529867,309300390367
Short-term investments    160149 
Receivables2,5372,6332,6201,8381,4951,4791,433
Deferred tax assets  9768 
Other undisclosed current assets1,5021,032625844547510691
Total current assets:6,1305,2174,2319,9912,5992,5962,491
Noncurrent Assets
Finance lease, right-of-use asset220231
Operating lease, right-of-use asset575613
Property, plant and equipment1,206951800597482488554
Long-term investments and receivables507568935335557567644
Long-term investments507568935335557567644
Intangible assets, net (including goodwill)20,71021,71722,6808,8439,5529,89410,207
Goodwill13,07013,05013,0067,0738,0408,1648,236
Intangible assets, net (excluding goodwill)7,6408,6679,6741,7701,5121,7301,971
Other noncurrent assets2,0952,153835576479289145
Other undisclosed noncurrent assets2,6442,2853,0692,2132,0892,0301,973
Total noncurrent assets:27,95728,51828,31912,56413,15913,26813,523
TOTAL ASSETS:34,08733,73532,55022,55515,75815,86416,014
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities2,1902,1411,8881,5861,3161,2701,880
Accounts payable397463325277241282225
Accrued liabilities1,7931,6781,5631,3091,0759881,094
Employee-related liabilities      441
Taxes payable      120
Deferred revenue557489
Debt3356091,860301302121,336
Deferred compensation liability      32
Contract with customer, liability249
Other undisclosed current liabilities   25511597(644)
Total current liabilities:3,0823,2393,9971,8711,5611,5792,604
Noncurrent Liabilities
Long-term debt and lease obligation, including:15,06914,81015,18514,7557,8417,6166,046
Finance lease, liability184203
Operating lease, liability592621
Other undisclosed long-term debt and lease obligation14,29313,98615,18514,7557,8417,6166,046
Liabilities, other than long-term debt3,5533,7201,0409069469771,013
Deferred tax liabilities, net 319553556588
Deferred income tax liabilities1,5341,691
Other liabilities2,0192,0291,040587393421425
Other undisclosed noncurrent liabilities  1,811    
Total noncurrent liabilities:18,62218,53018,03615,6618,7878,5937,059
Total liabilities:21,70421,76922,03317,53210,34810,1729,663
Temporary equity, carrying amount383442415413243241747
Stockholders' equity
Stockholders' equity attributable to parent, including:10,4649,8918,3864,6055,1605,4515,602
Treasury stock, value(8,244)(7,374)(6,737)(6,737)(6,356)(5,461)(4,763)
Additional paid in capital10,80910,74710,6477,2957,0467,0216,917
Accumulated other comprehensive loss(651)(822)(785)(585)(762)(633)(368)
Retained earnings8,5437,3335,2544,6325,2324,5173,809
Other undisclosed stockholders' equity attributable to parent777  77
Stockholders' equity attributable to noncontrolling interest1,5361,6331,716   2
Other undisclosed stockholders' equity   57  
Total stockholders' equity:12,00011,52410,1024,6105,1675,4515,604
TOTAL LIABILITIES AND EQUITY:34,08733,73532,55022,55515,75815,86416,014

Income statement (P&L) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues10,67111,14410,5536,8736,4976,3946,265
Revenue, net6,8736,4976,3946,265
Cost of revenue(3,952)(3,974)(3,935)(2,656)(2,432)(2,343)(2,124)
Cost of goods and services sold(3,860)(3,819)     
Gross profit:6,7197,1706,6184,2174,0654,0514,141
Operating expenses(4,204)(4,161)(4,684)(2,173)(2,007)(2,066)(2,080)
Other undisclosed operating loss   (1,331)   
Operating income:2,5153,0091,9347132,0581,9852,061
Nonoperating income (expense)42(8)(120)(110)4(97)1
Investment income, nonoperating      32
Foreign currency transaction loss, before tax      (22)
Other nonoperating income (expense)42(8)(120)(110)4(97)(9)
Interest and debt expense(724)(705)(729)(529)(353)(330)(328)
Income from continuing operations before equity method investments, income taxes:1,8332,2961,085741,7091,5581,734
Income (loss) from equity method investments(105)(2)(63)(211)(38)123
Other undisclosed loss from continuing operations before income taxes      (10)
Income (loss) from continuing operations before income taxes:1,7282,2941,022(137)1,6711,5591,747
Income tax expense(373)(81)(341)(176)(453)(511)(610)
Net income (loss):1,3552,213681(313)1,2181,0481,137
Net income (loss) attributable to noncontrolling interest(136)(144)(87)(24)(24)(14)2
Net income (loss) attributable to parent:1,2192,069594(337)1,1941,0341,139
Preferred stock dividends and other adjustments (20)     
Undistributed earnings (loss) allocated to participating securities, basic   41
Other undisclosed net loss available to common stockholders, basic(128)(204)(65) (278)(224) 
Net income (loss) available to common stockholders, basic:1,0911,845529(296)9168101,139
Dilutive securities, effect on basic earnings per share12820460(41)278224 
Net income (loss) available to common stockholders, diluted:1,2192,049589(337)1,1941,0341,139

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income (loss):1,3552,213681(313)1,2181,0481,137
Other comprehensive income (loss)171(7)(174)177(129)(204)(372)
Other undisclosed comprehensive income (loss)   1 (23)(40)
Comprehensive income (loss):1,5262,206507(135)1,089821725
Comprehensive income (loss), net of tax, attributable to noncontrolling interest (127)(67) (1)(1)2
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(136)(17)(20)(25)(23)1040
Comprehensive income (loss), net of tax, attributable to parent:1,3902,062420(160)1,065830767

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: