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Consolidated Statement Of Operations (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Consolidated Statement of Operations        
Revenues $ 6,243 $ 6,042 $ 19,834 $ 18,857
Costs of revenues (3,681) (3,158) (11,457) (10,508)
Selling, general and administrative (1,226) (1,157) (3,713) (3,626)
Amortization of intangible assets (52) (50) (152) (151)
Restructuring and severance costs (303) (56) (346) (132)
Asset impairments (5) (5) (31) (35)
Gain (loss) on operating assets, net (5) 113 451 130
Operating income 971 1,729 4,586 4,535
Interest expense, net (307) (300) (868) (889)
Other income (loss), net (135) (20) (140) (60)
Income from continuing operations before income taxes 529 1,409 3,578 3,586
Income tax (provision) benefit 437 (451) (404) (1,166)
Income from continuing operations 966 958 3,174 2,420
Discontinued operations, net of tax 1 225 (65) 288
Net income 967 1,183 3,109 2,708
Less Net loss attributable to noncontrolling interests 0 0 0 0
Net income attributable to Time Warner Inc. shareholders $ 967 $ 1,183 $ 3,109 $ 2,708
Per share information attributable to Time Warner Inc. common shareholders:        
Basic income per common share from continuing operations $ 1.13 $ 1.04 $ 3.63 $ 2.60
Discontinued operations $ 0 $ 0.25 $ (0.08) $ 0.31
Basic net income per common share $ 1.13 $ 1.29 $ 3.55 $ 2.91
Average basic common shares outstanding 850.9 916.8 872.2 926.1
Diluted income per common share from continuing operations $ 1.11 $ 1.02 $ 3.56 $ 2.55
Discontinued operations $ 0 $ 0.24 $ (0.07) $ 0.30
Diluted net income per common share $ 1.11 $ 1.26 $ 3.49 $ 2.85
Average diluted common shares outstanding 870.2 938.8 891.6 948.7
Cash dividends declared per share of common stock $ 0.3175 $ 0.2875 $ 0.9525 $ 0.8625