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Consolidated Balance Sheets (unaudited) - USD ($)
$ in Millions
Jun. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 1,683 $ 1,552
Receivables, net 2,473 2,633
Content rights and prepaid license fees, net 113 579
Prepaid expenses and other current assets 448 453
Total current assets 4,717 5,217
Noncurrent content rights, net 3,540 3,129
Property and equipment, net 1,088 951
Goodwill 12,987 13,050
Intangible assets, net 8,091 8,667
Equity method investments 530 568
Other noncurrent assets 2,136 2,153
Total assets 33,089 33,735
Current liabilities:    
Accounts payable 367 463
Accrued liabilities 1,607 1,678
Deferred revenues 263 489
Current portion of debt 339 609
Total current liabilities 2,576 3,239
Noncurrent portion of debt 14,944 14,810
Deferred income taxes 1,463 1,691
Other noncurrent liabilities 2,306 2,029
Total liabilities 21,289 21,769
Commitments and contingencies (See Note 16)
Redeemable noncontrolling interests 442 442
Discovery, Inc. stockholders’ equity:    
Additional paid-in capital 10,798 10,747
Treasury stock, at cost: 209 and 190 shares (7,897) (7,374)
Retained earnings 7,980 7,333
Accumulated other comprehensive loss (1,021) (822)
Total Discovery, Inc. stockholders' equity 9,867 9,891
Noncontrolling interests 1,491 1,633
Total equity 11,358 11,524
Total liabilities and equity 33,089 33,735
Series A-1 Convertible Preferred Stock    
Discovery, Inc. stockholders’ equity:    
Convertible preferred stock 0 0
Series C-1 Convertible Preferred Stock    
Discovery, Inc. stockholders’ equity:    
Convertible preferred stock 0 0
Series A Common Stock    
Discovery, Inc. stockholders’ equity:    
Common stock 2 2
Series B Common Stock    
Discovery, Inc. stockholders’ equity:    
Common stock 0 0
Series C Common Stock    
Discovery, Inc. stockholders’ equity:    
Common stock $ 5 $ 5