Supplementary Information - Condensed Consolidating Financial Statements (Details) (USD $) | 3 Months Ended | 9 Months Ended | | |
In Millions, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Dec. 31, 2012 | Dec. 31, 2011 |
Current assets | ' | ' | ' | ' | ' | ' |
Cash and equivalents | $1,567 | $3,188 | $1,567 | $3,188 | ' | ' |
Receivables, net | 6,763 | ' | 6,763 | ' | 7,385 | ' |
Inventories | 2,056 | ' | 2,056 | ' | 2,036 | ' |
Deferred income taxes | 459 | ' | 459 | ' | 474 | ' |
Prepaid expenses and other current assets | 736 | ' | 736 | ' | 528 | ' |
Total current assets | 11,581 | ' | 11,581 | ' | 13,264 | ' |
Noncurrent inventories and theatrical film and television production costs | 6,539 | ' | 6,539 | ' | 6,675 | ' |
Investments in amounts due to and from consolidated subsidiaries | 0 | ' | 0 | ' | 0 | ' |
Investments, including available-for-sale securities | 1,953 | ' | 1,953 | ' | 1,966 | ' |
Property, plant and equipment, net | 3,692 | ' | 3,692 | ' | 3,942 | ' |
Intangible assets subject to amortization, net | 2,019 | ' | 2,019 | ' | 2,108 | ' |
Intangible assets not subject to amortization | 7,680 | ' | 7,680 | ' | 7,642 | ' |
Goodwill | 30,527 | ' | 30,527 | ' | 30,446 | ' |
Other assets | 2,462 | ' | 2,462 | ' | 2,046 | ' |
Total assets | 66,453 | ' | 66,453 | ' | 68,089 | ' |
Current liabilities | ' | ' | ' | ' | ' | ' |
Accounts payable and accrued liabilities | 6,776 | ' | 6,776 | ' | 8,039 | ' |
Deferred revenue | 874 | ' | 874 | ' | 1,011 | ' |
Debt due within one year | 18 | ' | 18 | ' | 749 | ' |
Total current liabilities | 7,668 | ' | 7,668 | ' | 9,799 | ' |
Long-term debt | 19,145 | ' | 19,145 | ' | 19,122 | ' |
Due (to) from affiliates | 0 | ' | 0 | ' | 0 | ' |
Deferred income taxes | 2,510 | ' | 2,510 | ' | 2,127 | ' |
Deferred revenue | 496 | ' | 496 | ' | 523 | ' |
Other noncurrent liabilities | 6,704 | ' | 6,704 | ' | 6,721 | ' |
Equity | ' | ' | ' | ' | ' | ' |
Due (to) from Time Warner and subsidiaries | 0 | ' | 0 | ' | 0 | ' |
Other shareholders' equity | 29,929 | ' | 29,929 | ' | 29,796 | ' |
Total Time Warner Inc. shareholders' equity | 29,929 | ' | 29,929 | ' | 29,796 | ' |
Noncontrolling interests | 1 | ' | 1 | ' | 1 | ' |
Total equity | 29,930 | 29,984 | 29,930 | 29,984 | 29,797 | 29,954 |
Total liabilities and equity | 66,453 | ' | 66,453 | ' | 68,089 | ' |
Consolidated Statement of Operations | ' | ' | ' | ' | ' | ' |
Revenues | 6,856 | 6,842 | 21,230 | 20,565 | ' | ' |
Costs of revenues | -3,483 | -3,657 | -11,454 | -11,498 | ' | ' |
Selling, general and administrative | -1,517 | -1,511 | -4,735 | -4,692 | ' | ' |
Amortization of intangible assets | -60 | -57 | -181 | -178 | ' | ' |
Restructuring and severance costs | -60 | -35 | -190 | -84 | ' | ' |
Asset impairments | -5 | -3 | -35 | -182 | ' | ' |
Gain (loss) on operating assets, net | 113 | 2 | 130 | -40 | ' | ' |
Operating income | 1,844 | 1,581 | 4,765 | 3,891 | ' | ' |
Equity in pretax income (loss) of consolidated subsidiaries | 0 | 0 | 0 | 0 | ' | ' |
Interest expense, net | -301 | -318 | -890 | -946 | ' | ' |
Other loss, net | -20 | -23 | -63 | -92 | ' | ' |
Income from continuing operations before income taxes | 1,523 | 1,240 | 3,812 | 2,853 | ' | ' |
Income tax provision | -477 | -418 | -1,241 | -1,043 | ' | ' |
Income from continuing operations | 1,046 | 822 | 2,571 | 1,810 | ' | ' |
Discontinued operations, net of tax | 137 | 0 | 137 | 0 | ' | ' |
Net income | 1,183 | 822 | 2,708 | 1,810 | ' | ' |
Less Net loss attributable to noncontrolling interests | 0 | 0 | 0 | 3 | ' | ' |
Net income attributable to Time Warner Inc. shareholders | 1,183 | 822 | 2,708 | 1,813 | ' | ' |
Comprehensive income | 1,211 | 870 | 2,624 | 1,844 | ' | ' |
Less Comprehensive loss attributable to noncontrolling interests | 0 | 0 | 0 | 3 | ' | ' |
Comprehensive income attributable to Time Warner Inc. shareholders | 1,211 | 870 | 2,624 | 1,847 | ' | ' |
OPERATIONS | ' | ' | ' | ' | ' | ' |
Net income | 1,183 | 822 | 2,708 | 1,810 | ' | ' |
Less Discontinued operations, net of tax | -137 | 0 | -137 | 0 | ' | ' |
Net income from continuing operations | 1,046 | 822 | 2,571 | 1,810 | ' | ' |
Adjustments for noncash and nonoperating items: | ' | ' | ' | ' | ' | ' |
Depreciation and amortization | ' | ' | 653 | 658 | ' | ' |
Amortization of film and television costs | ' | ' | 5,202 | 5,375 | ' | ' |
Asset impairments | 5 | 3 | 35 | 182 | ' | ' |
(Gain) loss on investments and other assets, net | ' | ' | -70 | 71 | ' | ' |
Excess (deficiency) of distributions over equity in pretax income of consolidated subsidiaries, net of cash distributions | ' | ' | 0 | 0 | ' | ' |
Equity in losses of investee companies, net of cash distributions | ' | ' | 168 | 92 | ' | ' |
Equity-based compensation | ' | ' | 202 | 187 | ' | ' |
Deferred income taxes | ' | ' | 716 | 40 | ' | ' |
Changes in operating assets and liabilities, net of acquisitions | ' | ' | -6,645 | -6,118 | ' | ' |
Intercompany | ' | ' | 0 | 0 | ' | ' |
Cash provided by operations from continuing operations | ' | ' | 2,832 | 2,297 | ' | ' |
Cash used by operations from discontinued operations | ' | ' | -1 | -8 | ' | ' |
Cash provided by operations | ' | ' | 2,831 | 2,289 | ' | ' |
INVESTING ACTIVITIES | ' | ' | ' | ' | ' | ' |
Investments in available-for-sale securities | ' | ' | -25 | -29 | ' | ' |
Investments and acquisitions, net of cash acquired | ' | ' | -462 | -572 | ' | ' |
Capital expenditures | ' | ' | -315 | -426 | ' | ' |
Investment proceeds from available-for-sale securities | ' | ' | 33 | 1 | ' | ' |
Advances to (from) parent and consolidated subsidiaries | ' | ' | 0 | 0 | ' | ' |
Other investment proceeds | ' | ' | 167 | 80 | ' | ' |
Cash used by investing activities | ' | ' | -602 | -946 | ' | ' |
FINANCING ACTIVITIES | ' | ' | ' | ' | ' | ' |
Borrowings | ' | ' | 24 | 1,032 | ' | ' |
Debt repayments | ' | ' | -756 | -678 | ' | ' |
Proceeds from exercise of stock options | ' | ' | 596 | 801 | ' | ' |
Excess tax benefit from equity instruments | ' | ' | 154 | 58 | ' | ' |
Principal payments on capital leases | ' | ' | -6 | -9 | ' | ' |
Repurchases of common stock | ' | ' | -2,603 | -1,996 | ' | ' |
Dividends paid | ' | ' | -811 | -762 | ' | ' |
Other financing activities | ' | ' | -101 | -77 | ' | ' |
Change in due to/from parent and investment in segment | ' | ' | 0 | 0 | ' | ' |
Cash used by financing activities | ' | ' | -3,503 | -1,631 | ' | ' |
DECREASE IN CASH AND EQUIVALENTS | ' | ' | -1,274 | -288 | ' | ' |
CASH AND EQUIVALENTS AT BEGINNING OF PERIOD | ' | ' | 2,841 | 3,476 | ' | ' |
CASH AND EQUIVALENTS AT END OF PERIOD | 1,567 | 3,188 | 1,567 | 3,188 | ' | ' |
Eliminations [Member] | ' | ' | ' | ' | ' | ' |
Current assets | ' | ' | ' | ' | ' | ' |
Cash and equivalents | 0 | 0 | 0 | 0 | ' | ' |
Receivables, net | 0 | ' | 0 | ' | 0 | ' |
Inventories | 0 | ' | 0 | ' | 0 | ' |
Deferred income taxes | -712 | ' | -712 | ' | -800 | ' |
Prepaid expenses and other current assets | 0 | ' | 0 | ' | 0 | ' |
Total current assets | -712 | ' | -712 | ' | -800 | ' |
Noncurrent inventories and theatrical film and television production costs | -81 | ' | -81 | ' | -89 | ' |
Investments in amounts due to and from consolidated subsidiaries | -81,319 | ' | -81,319 | ' | -79,771 | ' |
Investments, including available-for-sale securities | 0 | ' | 0 | ' | 0 | ' |
Property, plant and equipment, net | 0 | ' | 0 | ' | 0 | ' |
Intangible assets subject to amortization, net | 0 | ' | 0 | ' | 0 | ' |
Intangible assets not subject to amortization | 0 | ' | 0 | ' | 0 | ' |
Goodwill | 0 | ' | 0 | ' | 0 | ' |
Other assets | 0 | ' | 0 | ' | 0 | ' |
Total assets | -82,112 | ' | -82,112 | ' | -80,660 | ' |
Current liabilities | ' | ' | ' | ' | ' | ' |
Accounts payable and accrued liabilities | -26 | ' | -26 | ' | -244 | ' |
Deferred revenue | -6 | ' | -6 | ' | -11 | ' |
Debt due within one year | 0 | ' | 0 | ' | 0 | ' |
Total current liabilities | -32 | ' | -32 | ' | -255 | ' |
Long-term debt | 0 | ' | 0 | ' | 0 | ' |
Due (to) from affiliates | 0 | ' | 0 | ' | 0 | ' |
Deferred income taxes | -6,258 | ' | -6,258 | ' | -5,279 | ' |
Deferred revenue | -37 | ' | -37 | ' | -42 | ' |
Other noncurrent liabilities | -1,696 | ' | -1,696 | ' | -1,695 | ' |
Equity | ' | ' | ' | ' | ' | ' |
Due (to) from Time Warner and subsidiaries | 35,934 | ' | 35,934 | ' | 35,102 | ' |
Other shareholders' equity | -110,023 | ' | -110,023 | ' | -108,491 | ' |
Total Time Warner Inc. shareholders' equity | -74,089 | ' | -74,089 | ' | -73,389 | ' |
Noncontrolling interests | 0 | ' | 0 | ' | 0 | ' |
Total equity | -74,089 | ' | -74,089 | ' | -73,389 | ' |
Total liabilities and equity | -82,112 | ' | -82,112 | ' | -80,660 | ' |
Consolidated Statement of Operations | ' | ' | ' | ' | ' | ' |
Revenues | -107 | -130 | -402 | -396 | ' | ' |
Costs of revenues | 74 | 104 | 315 | 318 | ' | ' |
Selling, general and administrative | 33 | 23 | 82 | 70 | ' | ' |
Amortization of intangible assets | 0 | 0 | 0 | 0 | ' | ' |
Restructuring and severance costs | 0 | 0 | 0 | 0 | ' | ' |
Asset impairments | 0 | 0 | 0 | 0 | ' | ' |
Gain (loss) on operating assets, net | 0 | 0 | 0 | 0 | ' | ' |
Operating income | 0 | -3 | -5 | -8 | ' | ' |
Equity in pretax income (loss) of consolidated subsidiaries | -3,565 | -3,017 | -9,318 | -7,277 | ' | ' |
Interest expense, net | 3 | 3 | 8 | 8 | ' | ' |
Other loss, net | -2 | 1 | -2 | 1 | ' | ' |
Income from continuing operations before income taxes | -3,564 | -3,016 | -9,317 | -7,276 | ' | ' |
Income tax provision | 1,107 | 1,005 | 3,062 | 2,483 | ' | ' |
Income from continuing operations | -2,457 | -2,011 | -6,255 | -4,793 | ' | ' |
Discontinued operations, net of tax | -274 | 0 | -274 | 0 | ' | ' |
Net income | -2,731 | -2,011 | -6,529 | -4,793 | ' | ' |
Less Net loss attributable to noncontrolling interests | 0 | -1 | 0 | -7 | ' | ' |
Net income attributable to Time Warner Inc. shareholders | -2,731 | -2,012 | -6,529 | -4,800 | ' | ' |
Comprehensive income | -2,741 | -2,058 | -6,418 | -4,796 | ' | ' |
Less Comprehensive loss attributable to noncontrolling interests | 0 | -1 | 0 | -7 | ' | ' |
Comprehensive income attributable to Time Warner Inc. shareholders | -2,741 | -2,059 | -6,418 | -4,803 | ' | ' |
OPERATIONS | ' | ' | ' | ' | ' | ' |
Net income | -2,731 | -2,011 | -6,529 | -4,793 | ' | ' |
Less Discontinued operations, net of tax | 274 | 0 | 274 | 0 | ' | ' |
Net income from continuing operations | -2,457 | -2,011 | -6,255 | -4,793 | ' | ' |
Adjustments for noncash and nonoperating items: | ' | ' | ' | ' | ' | ' |
Depreciation and amortization | ' | ' | 0 | 0 | ' | ' |
Amortization of film and television costs | ' | ' | -23 | -14 | ' | ' |
Asset impairments | 0 | 0 | 0 | 0 | ' | ' |
(Gain) loss on investments and other assets, net | ' | ' | 0 | 0 | ' | ' |
Excess (deficiency) of distributions over equity in pretax income of consolidated subsidiaries, net of cash distributions | ' | ' | 9,318 | 7,277 | ' | ' |
Equity in losses of investee companies, net of cash distributions | ' | ' | 0 | 0 | ' | ' |
Equity-based compensation | ' | ' | 0 | 0 | ' | ' |
Deferred income taxes | ' | ' | -816 | 155 | ' | ' |
Changes in operating assets and liabilities, net of acquisitions | ' | ' | -2,218 | -2,619 | ' | ' |
Intercompany | ' | ' | 0 | 0 | ' | ' |
Cash provided by operations from continuing operations | ' | ' | 6 | 6 | ' | ' |
Cash used by operations from discontinued operations | ' | ' | 0 | 0 | ' | ' |
Cash provided by operations | ' | ' | 6 | 6 | ' | ' |
INVESTING ACTIVITIES | ' | ' | ' | ' | ' | ' |
Investments in available-for-sale securities | ' | ' | 0 | 0 | ' | ' |
Investments and acquisitions, net of cash acquired | ' | ' | 0 | 0 | ' | ' |
Capital expenditures | ' | ' | 0 | 0 | ' | ' |
Investment proceeds from available-for-sale securities | ' | ' | 0 | 0 | ' | ' |
Advances to (from) parent and consolidated subsidiaries | ' | ' | -3,644 | -2,867 | ' | ' |
Other investment proceeds | ' | ' | -107 | -6 | ' | ' |
Cash used by investing activities | ' | ' | -3,751 | -2,873 | ' | ' |
FINANCING ACTIVITIES | ' | ' | ' | ' | ' | ' |
Borrowings | ' | ' | 0 | 0 | ' | ' |
Debt repayments | ' | ' | 0 | 0 | ' | ' |
Proceeds from exercise of stock options | ' | ' | 0 | 0 | ' | ' |
Excess tax benefit from equity instruments | ' | ' | 0 | 0 | ' | ' |
Principal payments on capital leases | ' | ' | 0 | 0 | ' | ' |
Repurchases of common stock | ' | ' | 0 | 0 | ' | ' |
Dividends paid | ' | ' | 0 | 0 | ' | ' |
Other financing activities | ' | ' | 105 | -8 | ' | ' |
Change in due to/from parent and investment in segment | ' | ' | 3,640 | 2,875 | ' | ' |
Cash used by financing activities | ' | ' | 3,745 | 2,867 | ' | ' |
DECREASE IN CASH AND EQUIVALENTS | ' | ' | 0 | 0 | ' | ' |
CASH AND EQUIVALENTS AT BEGINNING OF PERIOD | ' | ' | 0 | 0 | ' | ' |
CASH AND EQUIVALENTS AT END OF PERIOD | 0 | 0 | 0 | 0 | ' | ' |
Parent Company [Member] | ' | ' | ' | ' | ' | ' |
Current assets | ' | ' | ' | ' | ' | ' |
Cash and equivalents | 564 | 2,282 | 564 | 2,282 | ' | ' |
Receivables, net | 14 | ' | 14 | ' | 79 | ' |
Inventories | 0 | ' | 0 | ' | 0 | ' |
Deferred income taxes | 459 | ' | 459 | ' | 474 | ' |
Prepaid expenses and other current assets | 191 | ' | 191 | ' | 90 | ' |
Total current assets | 1,228 | ' | 1,228 | ' | 2,504 | ' |
Noncurrent inventories and theatrical film and television production costs | 0 | ' | 0 | ' | 0 | ' |
Investments in amounts due to and from consolidated subsidiaries | 47,999 | ' | 47,999 | ' | 46,568 | ' |
Investments, including available-for-sale securities | 110 | ' | 110 | ' | 109 | ' |
Property, plant and equipment, net | 326 | ' | 326 | ' | 342 | ' |
Intangible assets subject to amortization, net | 0 | ' | 0 | ' | 0 | ' |
Intangible assets not subject to amortization | 0 | ' | 0 | ' | 0 | ' |
Goodwill | 0 | ' | 0 | ' | 0 | ' |
Other assets | 321 | ' | 321 | ' | 306 | ' |
Total assets | 49,984 | ' | 49,984 | ' | 49,829 | ' |
Current liabilities | ' | ' | ' | ' | ' | ' |
Accounts payable and accrued liabilities | 629 | ' | 629 | ' | 1,126 | ' |
Deferred revenue | 0 | ' | 0 | ' | 0 | ' |
Debt due within one year | 0 | ' | 0 | ' | 0 | ' |
Total current liabilities | 629 | ' | 629 | ' | 1,126 | ' |
Long-term debt | 15,094 | ' | 15,094 | ' | 15,091 | ' |
Due (to) from affiliates | -853 | ' | -853 | ' | -881 | ' |
Deferred income taxes | 2,510 | ' | 2,510 | ' | 2,127 | ' |
Deferred revenue | 0 | ' | 0 | ' | 0 | ' |
Other noncurrent liabilities | 2,675 | ' | 2,675 | ' | 2,570 | ' |
Equity | ' | ' | ' | ' | ' | ' |
Due (to) from Time Warner and subsidiaries | 0 | ' | 0 | ' | 0 | ' |
Other shareholders' equity | 29,929 | ' | 29,929 | ' | 29,796 | ' |
Total Time Warner Inc. shareholders' equity | 29,929 | ' | 29,929 | ' | 29,796 | ' |
Noncontrolling interests | 0 | ' | 0 | ' | 0 | ' |
Total equity | 29,929 | ' | 29,929 | ' | 29,796 | ' |
Total liabilities and equity | 49,984 | ' | 49,984 | ' | 49,829 | ' |
Consolidated Statement of Operations | ' | ' | ' | ' | ' | ' |
Revenues | 0 | 0 | 0 | 0 | ' | ' |
Costs of revenues | 0 | 0 | 0 | 0 | ' | ' |
Selling, general and administrative | -99 | -80 | -299 | -253 | ' | ' |
Amortization of intangible assets | 0 | 0 | 0 | 0 | ' | ' |
Restructuring and severance costs | 0 | 0 | -2 | -1 | ' | ' |
Asset impairments | 0 | 0 | -7 | 0 | ' | ' |
Gain (loss) on operating assets, net | 0 | 0 | 8 | 0 | ' | ' |
Operating income | -99 | -80 | -300 | -254 | ' | ' |
Equity in pretax income (loss) of consolidated subsidiaries | 1,855 | 1,538 | 4,793 | 3,767 | ' | ' |
Interest expense, net | -221 | -224 | -662 | -664 | ' | ' |
Other loss, net | -12 | 6 | -19 | 4 | ' | ' |
Income from continuing operations before income taxes | 1,523 | 1,240 | 3,812 | 2,853 | ' | ' |
Income tax provision | -477 | -418 | -1,241 | -1,043 | ' | ' |
Income from continuing operations | 1,046 | 822 | 2,571 | 1,810 | ' | ' |
Discontinued operations, net of tax | 137 | 0 | 137 | 0 | ' | ' |
Net income | 1,183 | 822 | 2,708 | 1,810 | ' | ' |
Less Net loss attributable to noncontrolling interests | 0 | 0 | 0 | 3 | ' | ' |
Net income attributable to Time Warner Inc. shareholders | 1,183 | 822 | 2,708 | 1,813 | ' | ' |
Comprehensive income | 1,211 | 870 | 2,624 | 1,844 | ' | ' |
Less Comprehensive loss attributable to noncontrolling interests | 0 | 0 | 0 | 3 | ' | ' |
Comprehensive income attributable to Time Warner Inc. shareholders | 1,211 | 870 | 2,624 | 1,847 | ' | ' |
OPERATIONS | ' | ' | ' | ' | ' | ' |
Net income | 1,183 | 822 | 2,708 | 1,810 | ' | ' |
Less Discontinued operations, net of tax | -137 | 0 | -137 | 0 | ' | ' |
Net income from continuing operations | 1,046 | 822 | 2,571 | 1,810 | ' | ' |
Adjustments for noncash and nonoperating items: | ' | ' | ' | ' | ' | ' |
Depreciation and amortization | ' | ' | 18 | 18 | ' | ' |
Amortization of film and television costs | ' | ' | 0 | 0 | ' | ' |
Asset impairments | 0 | 0 | 7 | 0 | ' | ' |
(Gain) loss on investments and other assets, net | ' | ' | -4 | 6 | ' | ' |
Excess (deficiency) of distributions over equity in pretax income of consolidated subsidiaries, net of cash distributions | ' | ' | -4,793 | -3,767 | ' | ' |
Equity in losses of investee companies, net of cash distributions | ' | ' | 1 | 1 | ' | ' |
Equity-based compensation | ' | ' | 60 | 38 | ' | ' |
Deferred income taxes | ' | ' | 716 | 40 | ' | ' |
Changes in operating assets and liabilities, net of acquisitions | ' | ' | -331 | 327 | ' | ' |
Intercompany | ' | ' | 0 | 0 | ' | ' |
Cash provided by operations from continuing operations | ' | ' | -1,755 | -1,527 | ' | ' |
Cash used by operations from discontinued operations | ' | ' | -1 | -8 | ' | ' |
Cash provided by operations | ' | ' | -1,756 | -1,535 | ' | ' |
INVESTING ACTIVITIES | ' | ' | ' | ' | ' | ' |
Investments in available-for-sale securities | ' | ' | -2 | -10 | ' | ' |
Investments and acquisitions, net of cash acquired | ' | ' | -8 | -11 | ' | ' |
Capital expenditures | ' | ' | -13 | -28 | ' | ' |
Investment proceeds from available-for-sale securities | ' | ' | 8 | 1 | ' | ' |
Advances to (from) parent and consolidated subsidiaries | ' | ' | 3,081 | 2,760 | ' | ' |
Other investment proceeds | ' | ' | 15 | 9 | ' | ' |
Cash used by investing activities | ' | ' | 3,081 | 2,721 | ' | ' |
FINANCING ACTIVITIES | ' | ' | ' | ' | ' | ' |
Borrowings | ' | ' | 0 | 994 | ' | ' |
Debt repayments | ' | ' | 0 | -638 | ' | ' |
Proceeds from exercise of stock options | ' | ' | 596 | 801 | ' | ' |
Excess tax benefit from equity instruments | ' | ' | 154 | 58 | ' | ' |
Principal payments on capital leases | ' | ' | 0 | 0 | ' | ' |
Repurchases of common stock | ' | ' | -2,603 | -1,996 | ' | ' |
Dividends paid | ' | ' | -811 | -762 | ' | ' |
Other financing activities | ' | ' | 42 | 61 | ' | ' |
Change in due to/from parent and investment in segment | ' | ' | 0 | 0 | ' | ' |
Cash used by financing activities | ' | ' | -2,622 | -1,482 | ' | ' |
DECREASE IN CASH AND EQUIVALENTS | ' | ' | -1,297 | -296 | ' | ' |
CASH AND EQUIVALENTS AT BEGINNING OF PERIOD | ' | ' | 1,861 | 2,578 | ' | ' |
CASH AND EQUIVALENTS AT END OF PERIOD | 564 | 2,282 | 564 | 2,282 | ' | ' |
Guarantor Subsidiaries [Member] | ' | ' | ' | ' | ' | ' |
Current assets | ' | ' | ' | ' | ' | ' |
Cash and equivalents | 273 | 302 | 273 | 302 | ' | ' |
Receivables, net | 852 | ' | 852 | ' | 800 | ' |
Inventories | 372 | ' | 372 | ' | 462 | ' |
Deferred income taxes | 404 | ' | 404 | ' | 445 | ' |
Prepaid expenses and other current assets | 92 | ' | 92 | ' | 74 | ' |
Total current assets | 1,993 | ' | 1,993 | ' | 2,076 | ' |
Noncurrent inventories and theatrical film and television production costs | 1,853 | ' | 1,853 | ' | 1,742 | ' |
Investments in amounts due to and from consolidated subsidiaries | 20,850 | ' | 20,850 | ' | 20,947 | ' |
Investments, including available-for-sale securities | 420 | ' | 420 | ' | 448 | ' |
Property, plant and equipment, net | 368 | ' | 368 | ' | 414 | ' |
Intangible assets subject to amortization, net | 0 | ' | 0 | ' | 0 | ' |
Intangible assets not subject to amortization | 2,007 | ' | 2,007 | ' | 2,007 | ' |
Goodwill | 9,879 | ' | 9,879 | ' | 9,879 | ' |
Other assets | 210 | ' | 210 | ' | 180 | ' |
Total assets | 37,580 | ' | 37,580 | ' | 37,693 | ' |
Current liabilities | ' | ' | ' | ' | ' | ' |
Accounts payable and accrued liabilities | 700 | ' | 700 | ' | 926 | ' |
Deferred revenue | 20 | ' | 20 | ' | 13 | ' |
Debt due within one year | 9 | ' | 9 | ' | 742 | ' |
Total current liabilities | 729 | ' | 729 | ' | 1,681 | ' |
Long-term debt | 3,999 | ' | 3,999 | ' | 3,994 | ' |
Due (to) from affiliates | 0 | ' | 0 | ' | 0 | ' |
Deferred income taxes | 3,395 | ' | 3,395 | ' | 2,792 | ' |
Deferred revenue | 45 | ' | 45 | ' | 40 | ' |
Other noncurrent liabilities | 2,220 | ' | 2,220 | ' | 2,283 | ' |
Equity | ' | ' | ' | ' | ' | ' |
Due (to) from Time Warner and subsidiaries | -32,558 | ' | -32,558 | ' | -29,395 | ' |
Other shareholders' equity | 59,750 | ' | 59,750 | ' | 56,298 | ' |
Total Time Warner Inc. shareholders' equity | 27,192 | ' | 27,192 | ' | 26,903 | ' |
Noncontrolling interests | 0 | ' | 0 | ' | 0 | ' |
Total equity | 27,192 | ' | 27,192 | ' | 26,903 | ' |
Total liabilities and equity | 37,580 | ' | 37,580 | ' | 37,693 | ' |
Consolidated Statement of Operations | ' | ' | ' | ' | ' | ' |
Revenues | 1,540 | 1,460 | 4,752 | 4,530 | ' | ' |
Costs of revenues | -651 | -689 | -2,123 | -2,165 | ' | ' |
Selling, general and administrative | -221 | -228 | -717 | -701 | ' | ' |
Amortization of intangible assets | 0 | 0 | 0 | 0 | ' | ' |
Restructuring and severance costs | -45 | -7 | -63 | -19 | ' | ' |
Asset impairments | 0 | 0 | 0 | 0 | ' | ' |
Gain (loss) on operating assets, net | 0 | 0 | 0 | 0 | ' | ' |
Operating income | 623 | 536 | 1,849 | 1,645 | ' | ' |
Equity in pretax income (loss) of consolidated subsidiaries | 1,310 | 1,114 | 3,274 | 2,423 | ' | ' |
Interest expense, net | -78 | -94 | -247 | -279 | ' | ' |
Other loss, net | -2 | -4 | -1 | 15 | ' | ' |
Income from continuing operations before income taxes | 1,853 | 1,552 | 4,875 | 3,804 | ' | ' |
Income tax provision | -577 | -513 | -1,593 | -1,289 | ' | ' |
Income from continuing operations | 1,276 | 1,039 | 3,282 | 2,515 | ' | ' |
Discontinued operations, net of tax | 137 | 0 | 137 | 0 | ' | ' |
Net income | 1,413 | 1,039 | 3,419 | 2,515 | ' | ' |
Less Net loss attributable to noncontrolling interests | 0 | 1 | 0 | 4 | ' | ' |
Net income attributable to Time Warner Inc. shareholders | 1,413 | 1,040 | 3,419 | 2,519 | ' | ' |
Comprehensive income | 1,429 | 1,054 | 3,363 | 2,517 | ' | ' |
Less Comprehensive loss attributable to noncontrolling interests | 0 | 1 | 0 | 4 | ' | ' |
Comprehensive income attributable to Time Warner Inc. shareholders | 1,429 | 1,055 | 3,363 | 2,521 | ' | ' |
OPERATIONS | ' | ' | ' | ' | ' | ' |
Net income | 1,413 | 1,039 | 3,419 | 2,515 | ' | ' |
Less Discontinued operations, net of tax | -137 | 0 | -137 | 0 | ' | ' |
Net income from continuing operations | 1,276 | 1,039 | 3,282 | 2,515 | ' | ' |
Adjustments for noncash and nonoperating items: | ' | ' | ' | ' | ' | ' |
Depreciation and amortization | ' | ' | 96 | 107 | ' | ' |
Amortization of film and television costs | ' | ' | 1,725 | 1,736 | ' | ' |
Asset impairments | 0 | 0 | 0 | 0 | ' | ' |
(Gain) loss on investments and other assets, net | ' | ' | 1 | -4 | ' | ' |
Excess (deficiency) of distributions over equity in pretax income of consolidated subsidiaries, net of cash distributions | ' | ' | -3,274 | -2,423 | ' | ' |
Equity in losses of investee companies, net of cash distributions | ' | ' | 2 | 1 | ' | ' |
Equity-based compensation | ' | ' | 49 | 44 | ' | ' |
Deferred income taxes | ' | ' | 518 | -65 | ' | ' |
Changes in operating assets and liabilities, net of acquisitions | ' | ' | -2,616 | -648 | ' | ' |
Intercompany | ' | ' | 3,446 | 1,572 | ' | ' |
Cash provided by operations from continuing operations | ' | ' | 3,229 | 2,835 | ' | ' |
Cash used by operations from discontinued operations | ' | ' | 0 | 0 | ' | ' |
Cash provided by operations | ' | ' | 3,229 | 2,835 | ' | ' |
INVESTING ACTIVITIES | ' | ' | ' | ' | ' | ' |
Investments in available-for-sale securities | ' | ' | 0 | -11 | ' | ' |
Investments and acquisitions, net of cash acquired | ' | ' | -1 | -25 | ' | ' |
Capital expenditures | ' | ' | -49 | -66 | ' | ' |
Investment proceeds from available-for-sale securities | ' | ' | 0 | 0 | ' | ' |
Advances to (from) parent and consolidated subsidiaries | ' | ' | 563 | 107 | ' | ' |
Other investment proceeds | ' | ' | 148 | 44 | ' | ' |
Cash used by investing activities | ' | ' | 661 | 49 | ' | ' |
FINANCING ACTIVITIES | ' | ' | ' | ' | ' | ' |
Borrowings | ' | ' | 0 | 0 | ' | ' |
Debt repayments | ' | ' | -732 | 0 | ' | ' |
Proceeds from exercise of stock options | ' | ' | 0 | 0 | ' | ' |
Excess tax benefit from equity instruments | ' | ' | 0 | 0 | ' | ' |
Principal payments on capital leases | ' | ' | -6 | -8 | ' | ' |
Repurchases of common stock | ' | ' | 0 | 0 | ' | ' |
Dividends paid | ' | ' | 0 | 0 | ' | ' |
Other financing activities | ' | ' | -12 | -12 | ' | ' |
Change in due to/from parent and investment in segment | ' | ' | -3,162 | -2,726 | ' | ' |
Cash used by financing activities | ' | ' | -3,912 | -2,746 | ' | ' |
DECREASE IN CASH AND EQUIVALENTS | ' | ' | -22 | 138 | ' | ' |
CASH AND EQUIVALENTS AT BEGINNING OF PERIOD | ' | ' | 295 | 164 | ' | ' |
CASH AND EQUIVALENTS AT END OF PERIOD | 273 | 302 | 273 | 302 | ' | ' |
Non-Guarantor Subsidiaries [Member] | ' | ' | ' | ' | ' | ' |
Current assets | ' | ' | ' | ' | ' | ' |
Cash and equivalents | 730 | 604 | 730 | 604 | ' | ' |
Receivables, net | 5,897 | ' | 5,897 | ' | 6,506 | ' |
Inventories | 1,684 | ' | 1,684 | ' | 1,574 | ' |
Deferred income taxes | 308 | ' | 308 | ' | 355 | ' |
Prepaid expenses and other current assets | 453 | ' | 453 | ' | 364 | ' |
Total current assets | 9,072 | ' | 9,072 | ' | 9,484 | ' |
Noncurrent inventories and theatrical film and television production costs | 4,767 | ' | 4,767 | ' | 5,022 | ' |
Investments in amounts due to and from consolidated subsidiaries | 12,470 | ' | 12,470 | ' | 12,256 | ' |
Investments, including available-for-sale securities | 1,423 | ' | 1,423 | ' | 1,409 | ' |
Property, plant and equipment, net | 2,998 | ' | 2,998 | ' | 3,186 | ' |
Intangible assets subject to amortization, net | 2,019 | ' | 2,019 | ' | 2,108 | ' |
Intangible assets not subject to amortization | 5,673 | ' | 5,673 | ' | 5,635 | ' |
Goodwill | 20,648 | ' | 20,648 | ' | 20,567 | ' |
Other assets | 1,931 | ' | 1,931 | ' | 1,560 | ' |
Total assets | 61,001 | ' | 61,001 | ' | 61,227 | ' |
Current liabilities | ' | ' | ' | ' | ' | ' |
Accounts payable and accrued liabilities | 5,473 | ' | 5,473 | ' | 6,231 | ' |
Deferred revenue | 860 | ' | 860 | ' | 1,009 | ' |
Debt due within one year | 9 | ' | 9 | ' | 7 | ' |
Total current liabilities | 6,342 | ' | 6,342 | ' | 7,247 | ' |
Long-term debt | 52 | ' | 52 | ' | 37 | ' |
Due (to) from affiliates | 853 | ' | 853 | ' | 881 | ' |
Deferred income taxes | 2,863 | ' | 2,863 | ' | 2,487 | ' |
Deferred revenue | 488 | ' | 488 | ' | 525 | ' |
Other noncurrent liabilities | 3,505 | ' | 3,505 | ' | 3,563 | ' |
Equity | ' | ' | ' | ' | ' | ' |
Due (to) from Time Warner and subsidiaries | -3,376 | ' | -3,376 | ' | -5,707 | ' |
Other shareholders' equity | 50,273 | ' | 50,273 | ' | 52,193 | ' |
Total Time Warner Inc. shareholders' equity | 46,897 | ' | 46,897 | ' | 46,486 | ' |
Noncontrolling interests | 1 | ' | 1 | ' | 1 | ' |
Total equity | 46,898 | ' | 46,898 | ' | 46,487 | ' |
Total liabilities and equity | 61,001 | ' | 61,001 | ' | 61,227 | ' |
Consolidated Statement of Operations | ' | ' | ' | ' | ' | ' |
Revenues | 5,423 | 5,512 | 16,880 | 16,431 | ' | ' |
Costs of revenues | -2,906 | -3,072 | -9,646 | -9,651 | ' | ' |
Selling, general and administrative | -1,230 | -1,226 | -3,801 | -3,808 | ' | ' |
Amortization of intangible assets | -60 | -57 | -181 | -178 | ' | ' |
Restructuring and severance costs | -15 | -28 | -125 | -64 | ' | ' |
Asset impairments | -5 | -3 | -28 | -182 | ' | ' |
Gain (loss) on operating assets, net | 113 | 2 | 122 | -40 | ' | ' |
Operating income | 1,320 | 1,128 | 3,221 | 2,508 | ' | ' |
Equity in pretax income (loss) of consolidated subsidiaries | 400 | 365 | 1,251 | 1,087 | ' | ' |
Interest expense, net | -5 | -3 | 11 | -11 | ' | ' |
Other loss, net | -4 | -26 | -41 | -112 | ' | ' |
Income from continuing operations before income taxes | 1,711 | 1,464 | 4,442 | 3,472 | ' | ' |
Income tax provision | -530 | -492 | -1,469 | -1,194 | ' | ' |
Income from continuing operations | 1,181 | 972 | 2,973 | 2,278 | ' | ' |
Discontinued operations, net of tax | 137 | 0 | 137 | 0 | ' | ' |
Net income | 1,318 | 972 | 3,110 | 2,278 | ' | ' |
Less Net loss attributable to noncontrolling interests | 0 | 0 | 0 | 3 | ' | ' |
Net income attributable to Time Warner Inc. shareholders | 1,318 | 972 | 3,110 | 2,281 | ' | ' |
Comprehensive income | 1,312 | 1,004 | 3,055 | 2,279 | ' | ' |
Less Comprehensive loss attributable to noncontrolling interests | 0 | 0 | 0 | 3 | ' | ' |
Comprehensive income attributable to Time Warner Inc. shareholders | 1,312 | 1,004 | 3,055 | 2,282 | ' | ' |
OPERATIONS | ' | ' | ' | ' | ' | ' |
Net income | 1,318 | 972 | 3,110 | 2,278 | ' | ' |
Less Discontinued operations, net of tax | -137 | 0 | -137 | 0 | ' | ' |
Net income from continuing operations | 1,181 | 972 | 2,973 | 2,278 | ' | ' |
Adjustments for noncash and nonoperating items: | ' | ' | ' | ' | ' | ' |
Depreciation and amortization | ' | ' | 539 | 533 | ' | ' |
Amortization of film and television costs | ' | ' | 3,500 | 3,653 | ' | ' |
Asset impairments | 5 | 3 | 28 | 182 | ' | ' |
(Gain) loss on investments and other assets, net | ' | ' | -67 | 69 | ' | ' |
Excess (deficiency) of distributions over equity in pretax income of consolidated subsidiaries, net of cash distributions | ' | ' | -1,251 | -1,087 | ' | ' |
Equity in losses of investee companies, net of cash distributions | ' | ' | 165 | 90 | ' | ' |
Equity-based compensation | ' | ' | 93 | 105 | ' | ' |
Deferred income taxes | ' | ' | 298 | -90 | ' | ' |
Changes in operating assets and liabilities, net of acquisitions | ' | ' | -1,480 | -3,178 | ' | ' |
Intercompany | ' | ' | -3,446 | -1,572 | ' | ' |
Cash provided by operations from continuing operations | ' | ' | 1,352 | 983 | ' | ' |
Cash used by operations from discontinued operations | ' | ' | 0 | 0 | ' | ' |
Cash provided by operations | ' | ' | 1,352 | 983 | ' | ' |
INVESTING ACTIVITIES | ' | ' | ' | ' | ' | ' |
Investments in available-for-sale securities | ' | ' | -23 | -8 | ' | ' |
Investments and acquisitions, net of cash acquired | ' | ' | -453 | -536 | ' | ' |
Capital expenditures | ' | ' | -253 | -332 | ' | ' |
Investment proceeds from available-for-sale securities | ' | ' | 25 | 0 | ' | ' |
Advances to (from) parent and consolidated subsidiaries | ' | ' | 0 | 0 | ' | ' |
Other investment proceeds | ' | ' | 111 | 33 | ' | ' |
Cash used by investing activities | ' | ' | -593 | -843 | ' | ' |
FINANCING ACTIVITIES | ' | ' | ' | ' | ' | ' |
Borrowings | ' | ' | 24 | 38 | ' | ' |
Debt repayments | ' | ' | -24 | -40 | ' | ' |
Proceeds from exercise of stock options | ' | ' | 0 | 0 | ' | ' |
Excess tax benefit from equity instruments | ' | ' | 0 | 0 | ' | ' |
Principal payments on capital leases | ' | ' | 0 | -1 | ' | ' |
Repurchases of common stock | ' | ' | 0 | 0 | ' | ' |
Dividends paid | ' | ' | 0 | 0 | ' | ' |
Other financing activities | ' | ' | -236 | -118 | ' | ' |
Change in due to/from parent and investment in segment | ' | ' | -478 | -149 | ' | ' |
Cash used by financing activities | ' | ' | -714 | -270 | ' | ' |
DECREASE IN CASH AND EQUIVALENTS | ' | ' | 45 | -130 | ' | ' |
CASH AND EQUIVALENTS AT BEGINNING OF PERIOD | ' | ' | 685 | 734 | ' | ' |
CASH AND EQUIVALENTS AT END OF PERIOD | $730 | $604 | $730 | $604 | ' | ' |