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Consolidated Statements of Operations (unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Revenues:        
Revenues $ 2,541 $ 2,885 $ 5,224 $ 5,592
Costs and expenses:        
Costs of revenues, excluding depreciation and amortization 810 938 1,728 1,868
Selling, general and administrative 635 709 1,280 1,335
Depreciation and amortization 334 320 660 692
Impairment of goodwill and other intangible assets 38 0 38 0
Restructuring and other charges 7 7 22 12
Total costs and expenses 1,824 1,974 3,728 3,907
Operating income 717 911 1,496 1,685
Interest expense, net (161) (161) (324) (343)
Loss on extinguishment of debt (71) (23) (71) (28)
Loss from equity investees, net (23) (20) (44) (9)
Other (expense) income, net (6) 9 (64) (18)
Income before income taxes 456 716 993 1,287
Income tax (expense) benefit (156) 271 (286) 118
Net income 300 987 707 1,405
Net income attributable to noncontrolling interests (25) (36) (53) (65)
Net income attributable to redeemable noncontrolling interests (4) (4) (6) (9)
Net income available to Discovery, Inc. $ 271 $ 947 $ 648 $ 1,331
Series A, B and C Common Stock        
Net income per share allocated to Discovery, Inc. Series A, B and C common stockholders:        
Basic (in dollars per share) $ 0.40 $ 1.33 $ 0.96 $ 1.86
Diluted (in dollars per share) $ 0.40 $ 1.33 $ 0.95 $ 1.86
Weighted average shares outstanding:        
Basic (in shares) 508 528 513 526
Diluted (in shares) 674 716 680 715
Advertising        
Revenues:        
Revenues $ 1,273 $ 1,619 $ 2,675 $ 3,034
Distribution        
Revenues:        
Revenues 1,225 1,206 2,448 2,430
Other        
Revenues:        
Revenues $ 43 $ 60 $ 101 $ 128