Discontinued Operations and Disposal Groups (Tables)

9 Months Ended

Sep. 30, 2022

Discontinued Operations and Disposal Groups [Abstract]

Disposal Groups, Including Discontinued Operations [Table Text Block]

The following is a summary of operating results included in income (loss) from discontinued operations for the third quarter and nine months ended September 30:

	Three months ended				Nine months ended
	September 30,				September 30,
	20221		2021		2022		2021
Revenues	$	4	$	8,596	$	9,454	$	24,963
Operating Expenses
Cost of revenues	1		4,392		5,481		13,830
Selling, general and administrative	10		2,113		2,789		5,649
Asset abandonments and impairments	—		57		—		4,612
Depreciation and amortization	1		1,163		1,173		3,837
Total operating expenses	12		7,725		9,443		27,928
Interest expense	—		40		131		131
Equity in net income (loss) of affiliates	—		(93)		(27)		25
Other income (expense) – net2	71		757		(68)		541
Total other income (expense)	71		624		(226)		435
Income (Loss) before income taxes	63		1,495		(215)		(2,530)
Income tax expense (benefit)	10		241		(69)		(45)
Net income (loss) from discontinued operations	$	53	$	1,254	$	(146)	$	(2,485)
1Includes results from WarnerMedia operations in Mexico that were subject to regulatory approval that transferred in September 2022.
2“Other income (expense) - net” includes a gain from post-closing adjustment related to the sale of the marketplace component of Xandr in the three and nine months ended September 30, 2022, and a gain of $766 from the sale of Playdemic for the three months and nine months ended September 30, 2021.

The following is a summary of assets and liabilities attributable to discontinued operations, which were included in our Consolidated Balance Sheet at December 31, 2021:

	December 31,
	2021
Assets:
Current assets	$	9,005
Noncurrent Inventories and Theatrical Film and Television Production Costs	18,983
Property, plant and equipment, net	4,255
Goodwill	40,484
Other Intangibles – Net	40,273
Other assets	6,776
Total assets, discontinued operations	$	119,776
Liabilities:
Current liabilities	$	12,912
Other liabilities	20,643
Total liabilities, discontinued operations	$	33,555