Inventories and Film Costs

6 Months Ended

Jun. 30, 2011

Inventories and Film Costs Disclosure [Abstract]

3. INVENTORIES AND FILM COSTS

3.        INVENTORIES AND FILM COSTS

Inventories and film costs consist of (millions):

	June 30, 2011		December 31, 2010
Inventories:
Programming costs, less amortization	$	3,402	$	3,441
DVDs, books, paper and other merchandise		377		360
Total inventories		3,779		3,801
Less: current portion of inventory		(1,899)		(1,920)
Total noncurrent inventories		1,880		1,881
Film costs — Theatrical:(a)
Released, less amortization		687		655
Completed and not released		567		166
In production		1,362		1,379
Development and pre-production		88		98
Film costs — Television:(a)
Released, less amortization		1,016		929
Completed and not released		182		300
In production		497		571
Development and pre-production		6		6
Total film costs		4,405		4,104
Total noncurrent inventories and film costs	$	6,285	$	5,985
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(a)Does not include $1.400 billion and $1.498 billion of net film library costs as of June 30, 2011 and December 31, 2010, respectively, which areincluded in intangible assets subject to amortization in the consolidated balance sheet.