Segment Information

9 Months Ended

Sep. 30, 2014

Segment Reporting [Abstract]

SEGMENT INFORMATION

13. SEGMENT INFORMATION

Time Warner classifies its operations into three reportable segments: Turner:consisting principally of cable networks and digital media properties; Home Box Office:consisting principally of premium pay television services domestically and premium pay and basic tier television services internationally; and Warner Bros.:consisting principally of feature film, television, home video and videogame production and distribution.

Information as to the Revenues, intersegment revenues, Operating Income (Loss)and Assetsof Time Warner in each of its reportable segments is set forth below (millions):

	Three Months Ended				Nine Months Ended
	9/30/14		9/30/13		9/30/14		9/30/13
			(recast)				(recast)
Revenues
Turner	$	2,446	$	2,338	$	7,789	$	7,435
Home Box Office		1,304		1,186		4,060		3,630
Warner Bros.		2,775		2,694		8,711		8,316
Intersegment eliminations		(282)		(176)		(726)		(524)
Total revenues	$	6,243	$	6,042	$	19,834	$	18,857

	Three Months Ended				Nine Months Ended
	9/30/14		9/30/13		9/30/14		9/30/13
			(recast)				(recast)
Intersegment Revenues
Turner	$	19	$	19	$	76	$	65
Home Box Office		8		1		27		5
Warner Bros.		255		156		623		454
Total intersegment revenues	$	282	$	176	$	726	$	524

	Three Months Ended				Nine Months Ended
	9/30/14		9/30/13		9/30/14		9/30/13
			(recast)				(recast)
Operating Income (Loss)
Turner	$	337	$	967	$	2,166	$	2,633
Home Box Office		380		502		1,392		1,378
Warner Bros.		237		307		840		751
Corporate		(119)		(65)		53		(274)
Intersegment eliminations		136		18		135		47
Total operating income (loss)	$	971	$	1,729	$	4,586	$	4,535

	September 30, 2014		December 31, 2013
			(recast)
Assets
Turner	$	25,284	$	26,067
Home Box Office		13,941		13,687
Warner Bros.		20,173		20,066
Corporate		3,697		2,433
Assets of discontinued operations		-		5,746
Total assets	$	63,095	$	67,999