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Consolidated Balance Sheet - USD ($)
$ in Millions
Sep. 30, 2016
Dec. 31, 2015
Current assets    
Cash and equivalents $ 2,308 $ 2,155
Receivables, less allowances of $772 and $1,055 8,031 7,411
Inventories 1,915 1,753
Prepaid expenses and other current assets 1,010 1,194
Total current assets 13,264 12,513
Noncurrent inventories and theatrical film and television production costs 8,196 7,600
Investments, including available-for-sale securities 3,271 2,617
Property, plant and equipment, net 2,482 2,596
Intangible assets subject to amortization, net 809 949
Intangible assets not subject to amortization 7,005 7,029
Goodwill 27,694 27,689
Other assets 3,043 2,855
Total assets 65,764 63,848
Current liabilities    
Accounts payable and accrued liabilities 6,907 7,188
Deferred revenue 580 616
Debt due within one year 52 198
Total current liabilities 7,539 8,002
Long-term debt 24,419 23,594
Deferred income taxes 2,603 2,454
Deferred revenue 436 352
Other noncurrent liabilities 6,459 5,798
Redeemable noncontrolling interest 29 29
Commitments and Contingencies (Note 15)
Equity    
Common stock, $0.01 par value, 1.652 billion and 1.652 billion shares issued and 772 million and 795 million shares outstanding 17 17
Additional paid-in capital 147,032 148,041
Treasury stock, at cost (879 million and 857 million shares) (47,409) (45,612)
Accumulated other comprehensive loss, net (1,614) (1,446)
Accumulated deficit (73,748) (77,381)
Total Time Warner Inc. shareholders’ equity 24,278 23,619
Noncontrolling interest 1 0
Total equity 24,279 23,619
Total liabilities and equity $ 65,764 $ 63,848