Warner Media (TWX) 10-K 25 Feb 16 2015 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2015	Feb. 19, 2016	Jun. 30, 2015
Document and Entity Information [Abstract]
Entity Registrant Name	TIME WARNER INC.
Entity Central Index Key	1,105,705
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Document Type	10-K
Document Period End Date	Dec. 31, 2015
Document Fiscal Year Focus	2,015
Trading Symbol	TWX
Document Fiscal Period Focus	FY
Amendment Flag	false
Entity Common Stock, Shares Outstanding		790,154,346
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Public Float			$ 68,960

Consolidated Balance Sheet

Consolidated Balance Sheet - USD ($) $ in Millions	Dec. 31, 2015	Dec. 31, 2014
Current assets
Cash and equivalents	$ 2,155	$ 2,618
Receivables, less allowances of $1,055 and $1,152	7,411	7,720
Inventories	1,753	1,700
Deferred income taxes	0	184
Prepaid expenses and other current assets	1,194	958
Total current assets	12,513	13,180
Noncurrent inventories and theatrical film and television production costs	7,600	6,841
Investments, including available-for-sale securities	2,617	2,326
Property, plant and equipment, net	2,596	2,655
Intangible assets subject to amortization, net	949	1,141
Intangible assets not subject to amortization	7,029	7,032
Goodwill	27,689	27,565
Other assets	2,855	2,406
Total assets	63,848	63,146
Current liabilities
Accounts payable and accrued liabilities	7,188	7,507
Deferred revenue	616	579
Debt due within one year	198	1,118
Total current liabilities	8,002	9,204
Long-term debt	23,594	21,263
Deferred income taxes	2,454	2,204
Deferred revenue	352	315
Other noncurrent liabilities	5,798	5,684
Redeemable noncontrolling interest	$ 29	$ 0
Commitments and Contingencies (Note 16)
Equity
Common stock, $0.01 par value, 1.652 billion and 1.652 billion shares issued and 795 million and 832 million shares outstanding	$ 17	$ 17
Additional paid-in capital	148,041	149,282
Treasury stock, at cost (857 million and 820 million shares)	(45,612)	(42,445)
Accumulated other comprehensive loss, net	(1,446)	(1,164)
Accumulated deficit	(77,381)	(81,214)
Total equity	23,619	24,476
Total liabilities and equity	$ 63,848	$ 63,146

Consolidated Balance Sheet (Par

Consolidated Balance Sheet (Parenthetical) - USD ($) shares in Millions, $ in Millions	Dec. 31, 2015	Dec. 31, 2014
Current assets
Allowances	$ 1,055	$ 1,152
Equity
Time Warner common stock, par value (dollars per share)	$ 0.01	$ 0.01
Time Warner common stock, shares issued (shares)	1,652	1,652
Time Warner common stock, shares outstanding (shares)	795	832
Treasury stock, shares	857	820

Consolidated Statement Of Opera

Consolidated Statement Of Operations - USD ($) shares in Millions, $ in Millions	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Income Statement [Abstract]
Revenues	$ 28,118	$ 27,359	$ 26,461
Costs of revenues	(16,154)	(15,875)	(14,935)
Selling, general and administrative	(4,824)	(5,190)	(4,934)
Amortization of intangible assets	(189)	(202)	(209)
Restructuring and severance costs	(60)	(512)	(183)
Asset impairments	(25)	(69)	(61)
Gain (loss) on operating assets, net	(1)	464	129
Operating income	6,865	5,975	6,268
Interest expense, net	(1,163)	(1,169)	(1,189)
Other loss, net	(256)	(127)	(111)
Income from continuing operations before income taxes	5,446	4,679	4,968
Income tax provision	(1,651)	(785)	(1,614)
Income from continuing operations	3,795	3,894	3,354
Discontinued operations, net of tax	37	(67)	337
Net income	3,832	3,827	3,691
Less Net loss attributable to noncontrolling interests	1	0	0
Net income attributable to Time Warner Inc. shareholders	3,833	3,827	3,691
Amounts attributable to Time Warner Inc. shareholders:
Income from continuing operations	3,796	3,894	3,354
Discontinued operations, net of tax	37	(67)	337
Net income attributable to Time Warner Inc. shareholders	$ 3,833	$ 3,827	$ 3,691
Per share information attributable to Time Warner Inc. common shareholders:
Basic income per common share from continuing operations (dollars per share)	$ 4.64	$ 4.49	$ 3.63
Discontinued operations (dollars per share)	0.05	(0.07)	0.36
Basic net income per common share (dollars per share)	$ 4.69	$ 4.42	$ 3.99
Average basic common shares outstanding (in shares)	814.9	863.3	920
Diluted income per common share from continuing operations (dollars per share)	$ 4.58	$ 4.41	$ 3.56
Discontinued operations (dollars per share)	0.04	(0.07)	0.36
Diluted net income per common share (dollars per share)	$ 4.62	$ 4.34	$ 3.92
Average diluted common shares outstanding (in shares)	829.5	882.6	942.6
Cash dividends declared per share of common stock (dollars per share)	$ 1.4	$ 1.27	$ 1.15

Consolidated Statement Of Compr

Consolidated Statement Of Comprehensive Income - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Statement of Comprehensive Income [Abstract]
Net income	$ 3,832	$ 3,827	$ 3,691
Foreign currency translation:
Unrealized losses occurring during the period	(289)	(228)	(22)
Reclassification adjustment for (gains) losses realized in net income	5	0	(6)
Change in foreign currency translation	(284)	(228)	(28)
Securities:
Unrealized gains (losses) occurring during the period	1	(4)	13
Reclassification adjustment for gains realized in net income	0	(10)	0
Change in securities	1	(14)	13
Benefit obligations:
Unrealized gains (losses) occurring during the period	(26)	(187)	124
Reclassification adjustment for losses realized in net income	22	19	22
Change in benefit obligations	(4)	(168)	146
Derivative financial instruments:
Unrealized gains occurring during the period	88	8	27
Reclassification adjustment for gains realized in net income	(83)	(14)	(21)
Change in derivative financial instruments	5	(6)	6
Other comprehensive income (loss)	(282)	(416)	137
Comprehensive income	3,550	3,411	3,828
Less Comprehensive loss attributable to noncontrolling interests	1	0	0
Comprehensive income attributable to Time Warner Inc. shareholders	$ 3,551	$ 3,411	$ 3,828

Consolidated Statement Of Cash

Consolidated Statement Of Cash Flows - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
OPERATIONS
Net income	$ 3,832	$ 3,827	$ 3,691
Less Discontinued operations, net of tax	(37)	67	(337)
Net income from continuing operations	3,795	3,894	3,354
Adjustments for noncash and nonoperating items:
Depreciation and amortization	681	733	759
Amortization of film and television costs	8,030	8,040	7,262
Asset impairments	25	69	61
Venezuelan foreign currency loss	0	173	0
Gain on investments and other assets, net	(32)	(464)	(65)
Equity in losses of investee companies, net of cash distributions	161	232	216
Equity-based compensation	182	219	238
Deferred income taxes	328	166	759
Changes in operating assets and liabilities, net of acquisitions:
Receivables	(112)	(403)	(434)
Inventories and film costs	(8,526)	(7,789)	(7,226)
Accounts payable and other liabilities	(200)	592	(416)
Other changes	(481)	(1,781)	(1,250)
Cash provided by operations from continuing operations	3,851	3,681	3,258
INVESTING ACTIVITIES
Investments in available-for-sale securities	(41)	(30)	(27)
Investments and acquisitions, net of cash acquired	(672)	(950)	(495)
Capital expenditures	(423)	(474)	(568)
Investment proceeds from available-for-sale securities	2	25	33
Proceeds from Time Inc. in the Time Separation	0	1,400	0
Proceeds from the sale of Time Warner Center	0	1,264	0
Other investment proceeds	141	148	170
Cash provided (used) by investing activities from continuing operations	(993)	1,383	(887)
FINANCING ACTIVITIES
Borrowings	3,768	2,409	1,028
Debt repayments	(2,344)	(72)	(762)
Proceeds from exercise of stock options	165	338	674
Excess tax benefit from equity instruments	151	179	179
Principal payments on capital leases	(11)	(11)	(9)
Repurchases of common stock	(3,632)	(5,504)	(3,708)
Dividends paid	(1,150)	(1,109)	(1,074)
Other financing activities	(260)	(173)	(111)
Cash used by financing activities from continuing operations	(3,313)	(3,943)	(3,783)
Cash provided (used) by continuing operations	(455)	1,121	(1,412)
Cash provided (used) by operations from discontinued operations	(8)	(16)	456
Cash used by investing activities from discontinued operations	0	(51)	(23)
Cash used by financing activities from discontinued operations	0	(36)	0
Effect of change in cash and equivalents of discontinued operations	0	(87)	35
Cash provided (used) by discontinued operations	(8)	(190)	468
Effect of Venezuelan exchange rate changes on cash and equivalents	0	(129)	0
INCREASE (DECREASE) IN CASH AND EQUIVALENTS	(463)	802	(944)
CASH AND EQUIVALENTS AT BEGINNING OF PERIOD	2,618	1,816	2,760
CASH AND EQUIVALENTS AT END OF PERIOD	$ 2,155	$ 2,618	$ 1,816

Consolidated Statement Of Equit

Consolidated Statement Of Equity - USD ($) $ in Millions		Total	Common Stock	Additional Paid-In Capital	Treasury Stock	Retained Earnings (Accumulated Deficit)	[1]	Time Warner Shareholders' Total	Noncontrolling Interests
BALANCE AT BEGINNING OF PERIOD at Dec. 31, 2012		$ 29,797	$ 17	$ 154,577	$ (35,077)	$ (89,721)		$ 29,796	$ 1
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income		3,691	0	0	0	3,691		3,691	0
Other comprehensive income (loss) attributable to Continuing Operations		109	0	0	0	109		109	0
Other comprehensive income attributable to Discontinued Operations		28	0	0	0	28		28	0
Other comprehensive loss		137
Cash dividends		(1,074)	0	(1,074)	0	0		(1,074)	0
Common stock repurchases		(3,700)	0	0	(3,700)	0		(3,700)	0
Noncontrolling interests of acquired businesses		(1)	0	0	0	0		0	(1)
Amounts related primarily to stock options and restricted stock		1,054	0	(93)	1,147	0		1,054	0
BALANCE AT END OF PERIOD at Dec. 31, 2013		29,904	17	153,410	(37,630)	(85,893)		29,904	0
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income		3,827	0	0	0	3,827		3,827	0
Other comprehensive income (loss) attributable to Continuing Operations		(438)	0	0	0	(438)		(438)	0
Other comprehensive income attributable to Discontinued Operations		22	0	0	0	22		22	0
Other comprehensive loss		(416)
Amounts related to the Time Separation		(2,814)	0	(2,918)	0	104		(2,814)	0
Cash dividends		(1,109)	0	(1,109)	0	0		(1,109)	0
Common stock repurchases		(5,500)	0	0	(5,500)	0		(5,500)	0
Amounts related primarily to stock options and restricted stock		584	0	(101)	685	0		584	0
BALANCE AT END OF PERIOD at Dec. 31, 2014		24,476	17	149,282	(42,445)	(82,378)		24,476	0
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	[2]	3,833	0	0	0	3,833		3,833	0
Other comprehensive loss		(282)	0	0	0	(282)		(282)	0
Cash dividends		(1,150)	0	(1,150)	0	0		(1,150)	0
Common stock repurchases		(3,600)	0	0	(3,600)	0		(3,600)	0
Amounts related primarily to stock options and restricted stock		342	0	(91)	433	0		342	0
BALANCE AT END OF PERIOD at Dec. 31, 2015		$ 23,619	$ 17	$ 148,041	$ (45,612)	$ (78,827)		$ 23,619	$ 0
[1]	Includes Accumulated other comprehensive loss, net.
[2]	Excludes a $1 million loss for the year ended December 31, 2015 relating to redeemable noncontrolling interests.

Consolidated Statement Of Equi8

Consolidated Statement Of Equity (Parenthetical) $ in Millions	12 Months Ended
	Dec. 31, 2015USD ($)
Statement of Stockholders' Equity [Abstract]
Net income (loss) attributable to redeemable noncontrolling interest	$ (1)

Description of Business, Basis

Description of Business, Basis of Presentation and Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
DESCRIPTION OF BUSINESS, BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	DESCRIPTION OF BUSINESS, BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Description of Business Time Warner Inc. (“Time Warner” or the “Company”) is a leading media and entertainment company, whose businesses include television networks, and film and TV entertainment. Time Warner classifies its operations into three reportable segments: Turner : consisting principally of cable networks and digital media properties; Home Box Office : consisting principally of premium pay television and streaming services domestically and premium pay, basic tier television and streaming services internationally; and Warner Bros. : consisting principally of television, feature film, home video and videogame production and distribution. Basis of Presentation Basis of Consolidation The consolidated financial statements include all of the assets, liabilities, revenues, expenses and cash flows of entities in which Time Warner has a controlling interest (“subsidiaries”). Intercompany accounts and transactions between consolidated entities have been eliminated in consolidation. Use of Estimates The preparation of financial statements in conformity with U.S. generally accepted accounting principles (“U.S. GAAP”) requires management to make estimates, judgments and assumptions that affect the amounts reported in the consolidated financial statements and footnotes thereto. Actual results could differ from those estimates. Significant estimates and judgments inherent in the preparation of the consolidated financial statements include accounting for asset impairments, multiple-element transactions, allowances for doubtful accounts, depreciation and amortization, the determination of ultimate revenues as it relates to amortization or impairment of capitalized film and programming costs and participations and residuals, home video and videogames product returns, business combinations, pension and other postretirement benefits, equity-based compensation, income taxes, contingencies, litigation matters, reporting revenue for certain transactions on a gross versus net basis, and the determination of whether the Company should consolidate certain entities. Venezuela Currency Certain of the Company's divisions conduct business with third parties located in Venezuela and, as a result, the Company holds net monetary assets denominated in Venezuelan Bolivares Fuertes (“VEF”) that primarily consist of cash and accounts receivable. Because of Venezuelan government-imposed restrictions on the exchange of VEF into foreign currency in Venezuela, the Company has not been able to convert VEF earned in Venezuela into U.S. Dollars through the Venezuelan government’s foreign currency exchange systems. As of December 31, 2014, there were three legal foreign currency exchange systems administered by the Venezuelan government, each with a different exchange rate: (i) the fixed official government rate as published by the Central Bank of Venezuela, (ii) the variable, auction-based SICAD 1 rate, and (iii) the variable, transaction-based SICAD 2 rate. Prior to December 31, 2014, the Company used the official government exchange rate to remeasure its VEF-denominated transactions and balances. During the fourth quarter of 2014, the Company considered information about the companies that were able to access the three exchange systems during 2014 and the fact that the SICAD 1 and SICAD 2 exchanges continued to operate, as well as the state of the Venezuelan economy, which had entered a recession. Based on these factors, as of December 31, 2014, the Company concluded that the SICAD 2 exchange rate was the most appropriate legal exchange rate for the Company's business activities conducted in VEF. Accordingly, beginning on December 31, 2014, the Company began using the SICAD 2 rate to remeasure its VEF-denominated transactions and balances and, for the three months and year ended December 31, 2014, recognized a pretax foreign exchange loss of $173 million in the Consolidated Statement of Operations. On February 10, 2015, Venezuelan government officials announced changes to Venezuela’s foreign currency exchange system. Those changes included the elimination of the SICAD 2 exchange due to the merger of the SICAD 1 and SICAD 2 exchanges into a single SICAD exchange as well as the creation of the Simadi exchange, which is a free market foreign currency exchange. On their initial date of activity, the exchange rates published by the Central Bank of Venezuela were 12 VEF to each U.S. Dollar for the SICAD exchange and 170 VEF to each U.S. Dollar for the Simadi exchange. Given the restrictions associated with the official government rate and the SICAD exchange, starting on February 10, 2015, the Company began to use the Simadi exchange rate to remeasure its VEF-denominated transactions and balances and recognized a pretax foreign exchange loss of $22 million in the Consolidated Statement of Operations during the quarter ended March 31, 2015. Approximately $15 million of such loss related to cash balances. Accounting Guidance Adopted in 2015 Deferred Income Taxes During the fourth quarter of 2015, the Company early adopted guidance that requires deferred tax assets and liabilities, along with any related valuation allowance, to be classified as noncurrent assets or liabilities, as applicable, on the balance sheet. The adoption of this guidance was on a prospective basis, and, accordingly, prior periods have not been retroactively adjusted. Consolidation During the fourth quarter of 2015, the Company early adopted guidance on a retrospective basis that changes how companies evaluate entities for consolidation. The changes primarily relate to (i) the identification of variable interests related to fees paid to decision makers or service providers, (ii) how companies determine whether limited partnerships or similar entities are variable interest entities, (iii) how related parties and de facto agents are considered in the primary beneficiary determination, and (iv) the elimination of the presumption that a general partner controls a limited partnership. The adoption of this guidance did not have a material effect on the Company’s consolidated financial statements. Accounting for Fees Paid in a Cloud Computing Arrangement During the fourth quarter of 2015, the Company early adopted guidance on a prospective basis that clarifies how fees paid by a customer in a cloud computing arrangement are accounted for. The guidance provides that if a cloud computing arrangement includes a software license, the arrangement should be accounted for in a manner consistent with the acquisition of other software licenses. The guidance also provides that if a cloud computing arrangement does not include a software license, the arrangement should be accounted for as a service contract. The adoption of this guidance did not have a material effect on the Company’s consolidated financial statements. Debt Issuance Costs During the third quarter of 2015, the Company early adopted guidance on a retrospective basis that requires debt issuance costs related to a recognized debt liability to be presented in the balance sheet as a deduction from the carrying amount of such debt. The adoption of the guidance resulted in decreases to long-term debt and other noncurrent assets as of December 31, 2014 of $113 million . Fair Value Measurement During the second quarter of 2015, the Company early adopted guidance that eliminated the requirement to categorize within the fair value hierarchy all investments for which net asset value per share was used as a practical expedient to measure fair value. The adoption of this guidance did not have a material effect on the Company’s consolidated financial statements. Discontinued Operations During the first quarter of 2015, the Company adopted guidance on a prospective basis that changed the requirements for reporting discontinued operations. Under this new guidance, a discontinued operation is (i) a component of an entity or group of components that has been disposed of or is classified as held for sale and represents a strategic shift that has had or will have a major effect on an entity’s operations and financial results or (ii) an acquired business that is classified as held for sale on the acquisition date. This guidance also requires expanded or new disclosures for discontinued operations, individually material disposals that do not meet the definition of a discontinued operation, an entity’s continuing involvement with a discontinued operation following disposal and retained equity method investments in a discontinued operation. The adoption of this guidance did not have a material effect on the Company’s consolidated financial statements. Accounting Guidance Not Yet Adopted Recognition and Measurement of Financial Assets and Liabilities In January 2016, guidance was issued that makes targeted changes to the accounting for financial instruments. The changes primarily relate to (i) the requirement to measure equity investments in unconsolidated subsidiaries, other than those accounted for under the equity method of accounting, at fair value, with changes in the fair value recognized in earnings, (ii) an alternative approach for the measurement of equity investments that do not have a readily determinable fair value, (iii) the elimination of the other-than-temporary impairment model and its replacement with a requirement to perform a qualitative assessment to identify the impairment of equity investments, and a requirement to recognize impairment losses in earnings based on the difference between fair value and the carrying value of the equity investment, (iv) the elimination of the requirement to disclose the methods and significant assumptions used to estimate the fair value of financial instruments measured at amortized cost, (v) the addition of a requirement to use the exit price concept when measuring the fair value of financial instruments for disclosure purposes, and (vi) the addition of a requirement to present financial assets and financial liabilities to be presented separately in the notes to the financial statements, grouped by measurement category (e.g., fair value, amortized cost, lower of cost or market) and form of financial asset (e.g., loans, securities). This guidance will become effective for the Company on January 1, 2018. The Company is evaluating the impact this guidance will have on its consolidated financial statements. Revenue Recognition In May 2014, guidance was issued that establishes a new revenue recognition framework in GAAP for all companies and industries. The core principle of the guidance is that an entity should recognize revenue from the transfer of promised goods or services to customers in an amount that reflects the consideration the entity expects to receive for those goods or services. The guidance includes a five-step framework to determine the timing and amount of revenue to recognize related to contracts with customers. In addition, this guidance requires new or expanded disclosures related to the judgments made by companies when following this framework. Based on the current guidance, the new framework will become effective on either a full or modified retrospective basis for the Company on January 1, 2018. The Company is evaluating the impact the guidance will have on its consolidated financial statements. Summary of Critical and Significant Accounting Policies The following is a discussion of each of the Company’s critical accounting policies, including information and analysis of estimates and assumptions involved in their application, and other significant accounting policies. The Securities and Exchange Commission (“SEC”) considers an accounting policy to be critical if it is important to the Company’s financial condition and results of operations and if it requires significant judgment and estimates on the part of management in its application. The development and selection of these critical accounting policies have been determined by Time Warner’s management and the related disclosures have been reviewed with the Audit and Finance Committee of the Board of Directors of the Company. Due to the significant judgment involved in selecting certain of the assumptions used in these areas, it is possible that different parties could choose different assumptions and reach different conclusions. The Company considers the policies relating to the following matters to be critical accounting policies: • Impairment of Goodwill and Intangible Assets (see pages 82 to 83); • Film and Television Production Cost Recognition, Participations and Residuals and Impairments (see page 87); • Licensed Programming Inventory Cost Recognition and Impairment (see page 88); • Gross versus Net Revenue Recognition (see pages 86 to 87); • Sales Returns and Pricing Rebates (see page 86); and • Income Taxes (see page 90). Cash and Equivalents Cash equivalents consist of investments that are readily convertible into cash and have original maturities of three months or less. Cash equivalents are carried at cost, which approximates fair value. The Company monitors concentrations of credit risk with respect to Cash and equivalents by placing such balances with higher quality financial institutions or investing such amounts in liquid, short-term, highly-rated instruments or investment funds holding similar instruments. As of December 31, 2015 , the majority of the Company’s Cash and equivalents were invested with banks with a credit rating of at least A and in Rule 2a-7 money market mutual funds. At December 31, 2015 , the Company did not have more than $500 million invested in any single bank or money market mutual fund. Allowance for Doubtful Accounts The Company monitors customer credit risk related to accounts receivable, including unbilled trade receivables primarily related to the distribution of television product. Significant judgments and estimates are involved in evaluating if such amounts will ultimately be fully collected. Each of the Company’s businesses maintains a comprehensive approval process prior to issuing credit to third-party customers. Counterparties that are determined to be of a higher risk are evaluated to assess whether the credit terms previously granted to them should be modified. The Company monitors customers’ accounts receivable aging, and a provision for estimated uncollectible amounts is maintained based on customer payment levels, historical experience and management’s views on trends in the overall receivable agings at the Company’s businesses. In addition, for larger accounts, the Company performs analyses of risks on a customer-specific basis. At December 31, 2015 and 2014 , total reserves for doubtful accounts were approximately $180 million and $152 million , respectively. For the year ended December 31, 2015 , the Company recognized $63 million of bad debt expense. For the year ended December 31, 2014 , the Company recognized $20 million of income related to bad debt primarily due to the reversal of a reserve related to a Warner Bros. receivable. For the year ended December 31, 2013 , the Company recognized $28 million of bad debt expense. Consolidation Time Warner consolidates all entities in which it has a controlling voting interest and all variable interest entities (“VIEs”) in which the Company is deemed to be the primary beneficiary. Entities determined to be VIEs primarily consist of HBO Latin America Group (“HBO LAG”) and Hudson Yards North Tower Holdings LLC (“HYNTH”), the limited liability company involved in the construction and development of the Company’s new headquarters building at Hudson Yards. See Note 4 for additional information. Investments Investments in companies in which Time Warner has significant influence, but less than a controlling voting interest, are accounted for using the equity method. Significant influence is generally presumed to exist when Time Warner owns between 20% and 50% of the voting interests in the investee, holds substantial management rights or holds an interest of less than 20% in an investee that is a limited liability partnership or limited liability corporation that is treated as a flow-through entity. Under the equity method of accounting, only Time Warner’s investment in and amounts due to and from the equity investee are included in the Consolidated Balance Sheet; only Time Warner’s share of the investee’s earnings (losses) is included in the Consolidated Statement of Operations; and only the dividends, cash distributions, loans or other cash received from the investee, additional cash investments, loan repayments or other cash paid to the investee are included in the Consolidated Statement of Cash Flows. If previous equity method losses have reduced the carrying value of the Company’s equity method investment to zero, the Company continues to record its share of equity method losses to the extent it has an obligation to advance additional funds or has other investments in the investee. Investments in companies in which Time Warner does not have a controlling voting interest or over which it is unable to exert significant influence are generally accounted for at fair value if the investments are publicly traded. If the investment or security is not publicly traded, the investment is accounted for at cost. Unrealized gains and losses on investments accounted for at fair value are reported, net of tax, in Accumulated other comprehensive loss, net. Dividends and other distributions of earnings from investments in companies in which Time Warner does not have a controlling voting interest or over which it is unable to exert significant influence are included in Other loss, net, when declared. For more information, see Notes 3 and 4. The company regularly reviews its investments for impairment. See “Asset Impairments” below for additional information. Foreign Currency Translation Financial statements of subsidiaries operating outside the United States whose functional currency is not the U.S. Dollar are translated at the rates of exchange on the balance sheet date for assets and liabilities and at average rates of exchange for revenues and expenses during the period. Translation gains or losses on assets and liabilities are included as a component of Accumulated other comprehensive loss, net. Derivative Instruments The Company uses derivative instruments principally to manage the risk associated with movements in foreign currency exchange rates, and recognizes all derivative instruments on the Consolidated Balance Sheet at fair value. Changes in fair value of derivative instruments that qualify for hedge accounting will either be offset against the change in fair value of the hedged assets or liabilities through earnings or recognized in shareholders’ equity as a component of Accumulated other comprehensive loss, net, until the hedged item is recognized in earnings, depending on whether the derivative instrument is being used to hedge changes in fair value or cash flows. For qualifying hedge relationships, the Company excludes the impact of forward points or option premiums from its assessment of hedge effectiveness and recognizes changes in the fair value of a derivative instrument due to forward points or option premiums in Other income (loss), net each quarter. The ineffective portion of a derivative instrument’s change in fair value is immediately recognized in earnings. For those derivative instruments that do not qualify for hedge accounting, changes in fair value are recognized immediately in earnings. See Note 7 for additional information regarding derivative instruments held by the Company and risk management strategies. Property, Plant and Equipment Property, plant and equipment are stated at cost. Additions to property, plant and equipment generally include material, labor and overhead. Time Warner also capitalizes certain costs associated with coding, software configuration, upgrades and enhancements incurred for the development of internal use software. Depreciation is recorded on a straight-line basis over estimated useful lives. Leasehold improvements are depreciated over the lesser of the estimated useful life of the improvement or the term of the applicable lease. Time Warner periodically evaluates the depreciation periods of property, plant and equipment to determine whether a revision to its estimates of useful lives is warranted. Property, plant and equipment, including capital leases, consist of (millions): December 31, Estimated Useful Lives 2015 2014 Land (a) $ 273 $ 274 n/a Buildings and improvements 1,619 1,549 7 to 30 years Capitalized software costs 1,958 1,868 3 to 7 years Furniture, fixtures and other equipment (b) 3,069 3,102 3 to 10 years 6,919 6,793 Accumulated depreciation (4,323 ) (4,138 ) Total $ 2,596 $ 2,655 _________________________ (a) Land is not depreciated. (b) Includes $174 million and $223 million of construction in progress as of December 31, 2015 and 2014 , respectively. Intangible Assets Time Warner has a significant number of intangible assets, including acquired film and television libraries and other copyrighted products and tradenames. Time Warner does not recognize the fair value of internally generated intangible assets. Intangible assets acquired in business combinations are recorded at the acquisition date fair value in the Company’s Consolidated Balance Sheet. Acquired film libraries are amortized using the film forecast computation model. For more information, see “Film and Television Production Cost Recognition, Participations and Residuals and Impairments” and Note 2. Asset Impairments Investments The Company’s investments consist of (i) investments carried at fair value, including available-for-sale securities and certain deferred compensation-related investments, (ii) investments accounted for using the cost method of accounting, (iii) investments accounted for using the equity method of accounting and (iv) held-to-maturity debt securities. The Company regularly reviews its investments for impairment, including when the carrying value of an investment exceeds its market value. If the Company determines that an investment has sustained an other-than-temporary decline in its value, the investment is written down to its fair value by a charge to earnings that is included in Other loss, net. Factors that are considered by the Company in determining whether an other-than-temporary decline in value has occurred include (i) the market value of the security in relation to its cost basis, (ii) the financial condition of the investee and (iii) the Company’s intent and ability to retain the investment for a sufficient period of time to allow for recovery in the market value of the investment. In evaluating the factors described above for available-for-sale securities and held-to-maturity debt securities, the Company presumes a decline in value to be other-than-temporary if the quoted market price of the security is 20% or more below the investment’s cost basis for a period of six months or more (the “20% criterion”) or the quoted market price of the security is 50% or more below the security’s cost basis at any quarter end (the “50% criterion”). However, the presumption of an other-than-temporary decline in these instances may be overcome if there is persuasive evidence indicating that the decline is temporary in nature (e.g., the investee’s operating performance is strong, the market price of the investee’s security is historically volatile, etc.). Additionally, there may be instances in which impairment losses are recognized even if the 20% and 50% criteria are not satisfied (e.g., if there is a plan to sell the security in the near term and the fair value is below the Company’s cost basis). For investments accounted for using the cost or equity method of accounting, the Company evaluates information available (e.g., budgets, business plans, financial statements, etc.) in addition to quoted market prices, if any, in determining whether an other-than-temporary decline in value exists. Factors indicative of an other-than-temporary decline include recurring operating losses, credit defaults and subsequent rounds of financing at an amount below the cost basis of the Company’s investment. For more information, see Note 4. Goodwill and Indefinite-Lived Intangible Assets Goodwill and indefinite-lived intangible assets, primarily tradenames, are tested annually for impairment as of December 31 or earlier upon the occurrence of certain events or substantive changes in circumstances. Goodwill is tested for impairment at the reporting unit level. A reporting unit is either the “operating segment level,” such as Warner Bros. Entertainment Inc. (“Warner Bros.”), Home Box Office, Inc. (“Home Box Office”) and Turner Broadcasting System, Inc. (“Turner”), or one level below, which is referred to as a “component” (e.g., Warner Bros. Theatrical, Warner Bros. Television). The level at which the impairment test is performed requires judgment as to whether the components constitute a self-sustaining business and, if so, whether their operations are similar such that they should be aggregated for purposes of the impairment test. For purposes of the goodwill impairment test, management has concluded that the operations below the operating segment level met the criteria to be aggregated and therefore has determined its reporting units are the same as its operating segments. In assessing Goodwill for impairment, the Company has the option to first perform a qualitative assessment to determine whether the existence of events or circumstances leads to a determination that it is more likely than not that the fair value of a reporting unit is less than its carrying amount. If the Company determines that it is not more likely than not that the fair value of a reporting unit is less than its carrying amount, the Company is not required to perform any additional tests in assessing Goodwill for impairment. However, if the Company concludes otherwise or elects not to perform the qualitative assessment, then it is required to perform the first step of a two-step impairment review process. The first step of the two-step process involves a comparison of the estimated fair value of a reporting unit to its carrying amount. In performing the first step, the Company determines the fair value of a reporting unit using a discounted cash flow (“DCF”) analysis and, in certain cases, a combination of a DCF analysis and a market-based approach. Determining fair value requires the exercise of significant judgment, including judgments about appropriate discount rates, perpetual growth rates, the amount and timing of expected future cash flows, as well as relevant comparable public company earnings multiples. The cash flows employed in the DCF analyses are based on the Company’s most recent budgets and long range plans and perpetual growth rates are assumed for years beyond the current long range plan period. Discount rate assumptions are based on an assessment of market rates, capital structures and the risk inherent in the future cash flows included in the budgets and long range plans. In 2015 , the Company did not elect to perform a qualitative assessment of Goodwill and instead performed a quantitative impairment test. The results of the quantitative test did not result in any impairments of Goodwill because the fair values of each of the Company’s reporting units exceeded their respective carrying values. None of the carrying values of the Company’s reporting units were within 30% of their respective fair values as of December 31, 2015 . If the carrying value of a reporting unit exceeded its fair value, the second step of the impairment review process would need to be performed to determine the ultimate amount of impairment loss to record. Significant assumptions utilized in the DCF analysis included discount rates that ranged from 9.0% to 9.5% and a terminal revenue growth rate of 3.25% . Significant assumptions utilized in the market-based approach were market EBITDA multiples ranging from 9.5 x to 10.0 x for the Company’s reporting units where a market-based approach was performed. In assessing other intangible assets not subject to amortization for impairment, the Company also has the option to perform a qualitative assessment to determine whether the existence of events or circumstances leads to a determination that it is more likely than not that the fair value of such an intangible asset is less than its carrying amount. If the Company determines that it is not more likely than not that the fair value of such an intangible asset is less than its carrying amount, then the Company is not required to perform any additional tests for assessing those intangible assets for impairment. However, if the Company concludes otherwise or elects not to perform the qualitative assessment, then it is required to perform a quantitative impairment test that involves a comparison of the estimated fair value of the intangible asset with its carrying value. If the carrying value of the intangible asset exceeds its fair value, an impairment loss is recognized in an amount equal to that excess. In 2015 , the Company did not elect to perform a qualitative assessment for intangible assets not subject to amortization. The estimates of fair value of substantially all intangible assets not subject to amortization are determined using a DCF valuation analysis, which is based on the “relief from royalty” methodology. Discount rate assumptions are based on an assessment of the risk inherent in the projected future cash flows generated by the respective intangible assets. Also subject to judgment are assumptions about royalty rates, which are based on the estimated rates at which similar tradenames are being licensed in the marketplace. The performance of the Company’s 2015 annual impairment test for other intangible assets not subject to amortization did not result in any impairments since the fair value of each of the Company’s intangible assets not subject to amortization exceeded its respective carrying value. The fair values of substantially all intangible assets not subject to amortization were greater than 30% of their carrying values. The significant assumptions utilized in the 2015 DCF analysis of substantially all other intangible assets not subject to amortization were discount rates that ranged from 9.5% to 10.0% and a terminal revenue growth rate of 3.25% . Long-Lived Assets Long-lived assets, including finite-lived intangible assets (e.g., tradenames, customer lists, film libraries and property, plant and equipment), do not require that an annual impairment test be performed; instead, long-lived assets are tested for impairment upon the occurrence of a triggering event. Triggering events include the more likely than not disposal of a portion of such assets or the occurrence of an adverse change in the market involving the business employing the related assets. Once a triggering event has occurred, the impairment test is based on whether the intent is to hold the asset for continued use or to hold the asset for sale. The impairment test for assets held for continued use requires a comparison of cash flows expected to be generated over the useful life of an asset or group of assets (“asset group”) against the carrying value of the asset group. An asset group is established by identifying the lowest level of cash flows generated by the asset or group of assets that are largely independent of the cash flows of other assets. If the intent is to hold the asset group for continued use, the impairment test first requires a comparison of estimated undiscounted future cash flows generated by the asset group against its carrying value. If the carrying value exceeds the estimated undiscounted future cash flows, an impairment would be measured as the difference between the estimated fair value of the asset group and its carrying value. Fair value is generally determined by discounting the future cash flows associated with that asset group. If the intent is to hold the asset group for sale and certain other criteria are met (e.g., the asset can be disposed of currently, appropriate levels of authority have approved the sale, and there is an active program to locate a buyer), the impairment test involves comparing the asset group’s carrying value to its estimated fair value. To the extent the carrying value is greater than the estimated fair value, an impairment loss is recognized for the difference. Significant judgments in this area involve determining the appropriate asset group level at whi

Goodwill and Intangible Assets

Goodwill and Intangible Assets	12 Months Ended
	Dec. 31, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
GOODWILL AND INTANGIBLE ASSETS	GOODWILL AND INTANGIBLE ASSETS Time Warner has a significant number of intangible assets, including acquired film and television libraries and other copyrighted products and tradenames. Certain intangible assets are deemed to have finite lives and, accordingly, are amortized over their estimated useful lives, while others are deemed to be indefinite-lived and therefore are not amortized. Goodwill and indefinite-lived intangible assets, primarily certain tradenames, are tested annually for impairment during the fourth quarter, or earlier upon the occurrence of certain events or substantive changes in circumstances. Goodwill The following summary of changes in the Company’s Goodwill during the years ended December 31, 2015 and 2014 , by reportable segment, is as follows (millions): Turner Home Box Office Warner Bros. Total Balance at December 31, 2013 $ 13,980 $ 7,431 $ 5,990 $ 27,401 Acquisitions, dispositions and adjustments, net (6 ) 2 206 202 Translation adjustments (18 ) — (20 ) (38 ) Balance at December 31, 2014 $ 13,956 $ 7,433 $ 6,176 $ 27,565 Acquisitions, dispositions and adjustments, net 176 — 8 184 Translation adjustments (24 ) — (36 ) (60 ) Balance at December 31, 2015 $ 14,108 $ 7,433 $ 6,148 $ 27,689 The carrying amount of goodwill for all periods presented was net of accumulated impairments of $13.338 billion and $4.091 billion at the Turner segment and the Warner Bros. segment, respectively. The performance of the Company’s annual impairment analysis did no t result in any impairments of Goodwill for any of the years in the three-year period ended December 31, 2015 . Refer to Note 1 for a discussion of the 2015 annual impairment test. The increase in Goodwill at the Turner segment for the year ended December 31, 2015 is primarily related to the acquisition of iStreamPlanet Co., LLC (“iStreamPlanet”) and the increase at the Warner Bros. segment for the year ended December 31, 2014 is primarily related to the acquisition of the operations outside the U.S. of Eyeworks Group (see Note 3 for additional information). Intangible Assets The Company recorded noncash impairments of intangible assets during the years ended December 31, 2015 , 2014 and 2013 by reportable segment, as follows (millions): Year Ended December 31, 2015 2014 2013 Turner $ 1 $ 1 $ 18 Home Box Office — 4 — Warner Bros. — 13 1 Time Warner $ 1 $ 18 $ 19 The Company’s intangible assets subject to amortization and related accumulated amortization consisted of the following (millions): December 31, 2015 December 31, 2014 Gross Accumulated Amortization(a) Net Gross Accumulated Amortization(a) Net Intangible assets subject to amortization: Film library $ 3,432 $ (2,776 ) $ 656 $ 3,432 $ (2,635 ) $ 797 Brands, tradenames and other intangible assets 716 (423 ) 293 710 (366 ) 344 Total $ 4,148 $ (3,199 ) $ 949 $ 4,142 $ (3,001 ) $ 1,141 _________________________ (a) The film library has a weighted-average remaining life of approximately 5 years and is amortized using a film forecast computation methodology. Amortization of brands, tradenames and other intangible assets subject to amortization is provided generally on a straight-line basis over their respective useful lives. The Company recorded amortization expense of $189 million in 2015 compared to $202 million in 2014 and $209 million in 2013 . Amortization expense may vary in the future as acquisitions, dispositions and impairments, if any, occur and as purchase price allocations are finalized. The Company’s estimated amortization expense for the succeeding five years ended December 31 is as follows (millions): 2016 2017 2018 2019 2020 Estimated amortization expense $ 188 $ 174 $ 166 $ 157 $ 143

Dispositions and Acquisitions

Dispositions and Acquisitions	12 Months Ended
	Dec. 31, 2015
Acquisitions and Dispositions [Abstract]
DISPOSITIONS AND ACQUISITIONS	DISPOSITIONS AND ACQUISITIONS Dispositions Separation of Time Inc. As discussed in Note 1, the Time Separation was completed on June 6, 2014. The Time Separation was effected as a pro rata dividend of all shares of Time Inc. common stock held by Time Warner in a spin-off to Time Warner stockholders. With the completion of the Time Separation, the Company disposed of the Time Inc. segment in its entirety and ceased to consolidate its assets, liabilities and results of operations in the Company’s consolidated financial statements. Accordingly, the Company has presented the financial position and results of operations of its former Time Inc. segment as discontinued operations in the consolidated financial statements for all periods presented. In connection with the Time Separation, the Company received $1.4 billion from Time Inc., consisting of proceeds relating to Time Inc.’s acquisition of the IPC publishing business in the U.K. from a wholly-owned subsidiary of Time Warner and a special dividend. Acquisitions iStreamPlanet In August 2015, Turner acquired a majority ownership interest in iStreamPlanet, a provider of streaming and cloud-based video and technology services, for $148 million , net of cash acquired. As a result of Turner’s acquisition of the additional interests in iStreamPlanet, Turner recorded a $3 million gain on a previously held investment accounted for under the cost method and began consolidating iStreamPlanet in the third quarter of 2015. In connection with the acquisition, $29 million of Redeemable noncontrolling interest was recorded in the Consolidated Balance Sheet. Eyeworks On June 2, 2014, Warner Bros. acquired the operations outside the U.S. of Eyeworks Group, a television production and distribution company, which are located in 15 countries (across Europe and South America and in Australia and New Zealand) for approximately $267 million , net of cash acquired. CME Central European Media Enterprises Ltd. (“CME”) is a publicly-traded broadcasting company operating leading networks in six Central and Eastern European countries. During 2014 and 2013 , the Company acquired additional interests in CME for $396 million and $288 million , respectively. For more information about the Company’s investments in and transactions with CME, see Note 4. HBO Asia and HBO South Asia In September 2013, Home Box Office purchased its partner’s interests in HBO Asia and HBO South Asia (collectively, “HBO Asia”) for $37 million in cash, net of cash acquired. HBO Asia operates HBO- and Cinemax- branded premium pay, basic tier television and streaming services serving over 15 countries in Asia. As a result of this acquisition, Home Box Office owns 100% of HBO Asia and has consolidated its results of operations and financial condition effective September 30, 2013. For the year ended December 31, 2013, Home Box Office recognized a $104 million gain upon Home Box Office’s acquisition of its former partner’s interests in HBO Asia. Summary of Discontinued Operations Discontinued operations, net of tax, for the year ended December 31, 2015 was income of $37 million ( $0.04 of diluted net income per common share), primarily related to the final resolution of a tax indemnification obligation associated with the disposition of Warner Music Group in 2004. For the years ended December 31, 2014 and 2013, discontinued operations primarily reflect the results of the Company’s former Time Inc. segment. In addition, during 2013, the Company recognized additional net tax benefits of $137 million associated with certain foreign tax attributes of Warner Music Group. Discontinued operations for the years ended December 31, 2014 and 2013 is as follows (millions, except per share amounts): Year Ended December 31, 2014 2013 Total revenues $ 1,415 $ 3,334 Pretax income (loss) (98 ) 335 Income tax benefit (provision) 31 2 Net income (loss) $ (67 ) $ 337 Net income (loss) attributable to Time Warner Inc. shareholders $ (67 ) $ 337 Per share information attributable to Time Warner Inc. common shareholders: Basic net income (loss) per common share $ (0.07 ) $ 0.36 Average common shares outstanding — basic 863.3 920.0 Diluted net income (loss) per common share $ (0.07 ) $ 0.36 Average common shares outstanding — diluted 882.6 942.6

Investments

Investments	12 Months Ended
	Dec. 31, 2015
Investments [Abstract]
INVESTMENTS	INVESTMENTS Time Warner’s investments, by category, consist of (millions): December 31, 2015 2014 Equity-method investments $ 1,363 $ 898 Fair-value and other investments: Deferred compensation investments, recorded at fair value 160 195 Deferred compensation insurance-related investments, recorded at cash surrender value 402 410 Available-for-sale securities 85 79 Equity warrants 179 242 Total fair-value and other investments 826 926 Held-to-maturity securities 268 239 Cost-method investments 160 263 Total $ 2,617 $ 2,326 Available-for-sale securities are recorded at fair value in the Consolidated Balance Sheet, and the realized gains and losses are included as a component of Other loss, net in the Consolidated Statement of Operations. The cost basis, unrealized gains and fair market value of available-for-sale securities are set forth below (millions): December 31, 2015 2014 Cost basis $ 63 $ 59 Gross unrealized gain 22 22 Gross unrealized loss — (2 ) Fair value $ 85 $ 79 Gains and losses reclassified from Accumulated other comprehensive loss, net to Other loss, net in the Consolidated Statement of Operations are determined based on the specific identification method. Investment in Hudson Yards Development Project During 2015, the Company finalized agreements relating to the construction and development of office and studio space in the Hudson Yards development on the west side of Manhattan in order to move its Corporate headquarters and New York City-based employees to the new space. The Company will fund its proportionate share of the costs for the construction and development through HYNTH, a limited liability company that is controlled by the developer and managed by an affiliate of the developer. As of December 31, 2015 and 2014 , the Company’s investment in HYNTH, which is accounted for under the equity method of accounting, was approximately $438 million and $102 million , respectively, and is included in Investments, including available-for-sale securities in the Consolidated Balance Sheet. Based on construction cost estimates and space projections as of December 31, 2015 , the Company expects to invest an additional $1.7 billion , excluding interest, in the Hudson Yards development project through 2019. CME As of December 31, 2015 , the Company had an approximate 49.4% voting interest in CME’s common stock and an approximate 75.7% economic interest in CME on a diluted basis. As of December 31, 2015 , the Company owned 61.4 million shares of CME’s Class A common stock and 1 share of Series A convertible preferred stock, which is convertible into 11.2 million shares of CME’s Class A common stock and votes with the Class A common stock on an as-converted basis. The Company accounts for its investment in CME’s Class A common stock and Series A convertible preferred stock under the equity method of accounting. As of December 31, 2015 , the Company owned all of the outstanding shares of CME’s Series B convertible redeemable preferred shares, which are non-voting and may be converted into 99.5 million shares of CME’s Class A common stock at the Company’s option at any time after June 25, 2016. The Company accounts for its investment in CME’s Series B convertible redeemable preferred shares under the cost method of accounting. As of December 31, 2015 , the Company owned 3.4 million of CME’s 15% senior secured notes due 2017 (the “Senior Secured Notes”), each consisting of a $100 principal amount plus accrued interest. The Senior Secured Notes are accounted for at their amortized cost and classified as held-to-maturity in the Consolidated Balance Sheet. At December 31, 2015 , the carrying value of the Senior Secured Notes was $268 million . As of December 31, 2015 , the Company held 101 million warrants each to purchase one share of CME Class A common stock. The warrants have a four -year term that expires in May 2018 and an exercise price of $1.00 per share, do not contain any voting rights and are not exercisable until May 2016. The warrants are subject to a limited right whereby the Company can exercise any of its warrants earlier solely to own up to 49.9% of CME’s Class A common stock. The warrants are carried at fair value in the Consolidated Balance Sheet. The initial fair value of the warrants was recognized as a discount to the Senior Secured Notes and the term loan provided by the Company to CME (as described below) and a deferred gain related to the revolving credit facility provided by the Company to CME (as described below). At December 31, 2015 , the carrying value of the warrants was $179 million . As of December 31, 2015 , the Company has guaranteed an aggregate amount of €486 million of CME’s obligations (as described below). In connection with these guarantees, the Company recognized a liability at the inception of each respective arrangement based on the estimated fair value of the guarantee. At December 31, 2015, the carrying value of liabilities associated with such guarantees was $66 million . CME Public Offering of Class A Common Stock and Private Placement of Series B Convertible Redeemable Preferred Shares During the second quarter of 2013, CME conducted a public offering of shares of its Class A common stock in which the Company purchased approximately 28.5 million shares for approximately $78 million in cash. On June 25, 2013, the Company purchased $200 million of CME’s newly-issued, non-voting Series B convertible redeemable preferred shares. The Series B convertible redeemable preferred shares will accrete in value through the third anniversary of closing at an annual rate of 7.5% compounded quarterly and from the third anniversary to the fifth anniversary of closing at an annual rate of 3.75% compounded quarterly. Thereafter, the Series B convertible redeemable preferred shares will no longer accrete in value. CME has the right from the third anniversary to pay a cash dividend to the Company in lieu of further accretion. Each Series B convertible redeemable preferred share may be converted into shares of Class A common stock at the Company’s option at any time after the third anniversary of the closing. The number of shares of Class A common stock received upon conversion would be determined by dividing the accreted value of the Series B convertible redeemable preferred shares (including any accrued but unpaid dividends) by the conversion price. In connection with the May 2014 transactions described below, the conversion price was adjusted from $3.1625 to $2.4167 . CME Rights Offering and Related Transactions On May 2, 2014, pursuant to a rights offering by CME, Time Warner acquired approximately 2.8 million units, each consisting of a Senior Secured Note and 21 unit warrants, with each unit warrant entitling the Company to purchase one share of CME Class A common stock. In addition, Time Warner acquired 581,533 units in a private offering, and CME issued warrants to Time Warner to purchase an additional 30 million shares of Class A common stock. CME Revolving Credit Facility and Term Loan Provided by Time Warner On May 2, 2014, Time Warner provided CME a $115 million revolving credit facility and a $30 million term loan that mature on December 1, 2017. Following an amendment in connection with the November 2014 transactions described below, amounts outstanding under the revolving credit facility bear interest at a rate per annum based on LIBOR (subject to a minimum rate of 1.00% ) plus 9% . CME can pay accrued interest for an applicable quarterly interest period either fully in cash or by adding such amount to the outstanding principal amount of the revolving credit facility. The revolving credit facility also contains a commitment fee on the average daily unused amount under the facility of 0.50% per annum. As of December 31, 2015 , there were no amounts outstanding under the revolving credit facility. The $30 million term loan bears interest at a rate of 15.0% per annum, paid semi-annually either fully in cash or by adding such amount to the principal amount of the loan. As of December 31, 2015 , the carrying value of the amounts outstanding under the term loan was $24 million and is classified as an other asset in the Consolidated Balance Sheet. Time Warner Guarantees of CME Debt On November 14, 2014, Time Warner and CME entered into an agreement pursuant to which Time Warner agreed to assist CME in refinancing $261 million aggregate principal amount of its Senior Convertible Notes due 2015 (“2015 Notes”) and €240 million aggregate principal amount of its Senior Notes due 2017 (“2017 Notes”). In connection with this agreement, CME entered into a credit agreement (the “2014 Credit Agreement”) with third-party financial institutions the same day for a €251 million senior unsecured term loan that was funded in December 2014 and matures on November 1, 2017. Time Warner has guaranteed CME’s obligations under the 2014 Credit Agreement for a fee equal to 8.5% less the interest rate on the term loan. The fee is payable to Time Warner in cash or in kind at CME’s option. CME used the proceeds of the term loan to redeem the 2017 Notes. CME also entered into unsecured interest rate hedge arrangements to protect against changes in the interest rate on the term loan during its term. Time Warner has also guaranteed CME’s obligations under the hedge arrangements. On September 30, 2015, CME entered into a credit agreement (the “2015 Credit Agreement”) with third-party financial institutions for a €235 million senior unsecured term loan that was funded in November 2015 and matures on November 1, 2019. Time Warner has guaranteed CME’s obligations under the 2015 Credit Agreement for an annual fee equal to 8.5% less the interest rate on the term loan, to be paid to Time Warner semi-annually in cash or in kind at CME’s option. CME used the proceeds of the term loan to repay the $261 million aggregate principal amount of the 2015 Notes at maturity on November 15, 2015. As consideration for assisting CME in refinancing the 2015 Notes, Time Warner also earned a commitment fee of $9 million , which will accrue interest at a rate of 8.5% . In November 2015, CME entered into unsecured interest rate hedge arrangements to protect against changes in the interest rate on the term loan during its term. Time Warner has guaranteed CME’s obligations under the hedge arrangements. Equity-Method Investments At December 31, 2015 , investments accounted for using the equity method included the Company’s investments in the Class A common stock and Series A convertible preferred stock of CME, HBO LAG ( 88% owned), HYNTH and certain other ventures that are generally 20% to 50% owned. HBO LAG is a VIE because the Company’s ownership and voting rights in this entity are disproportionate and, because voting control of this entity is shared equally with the other investor in HBO LAG, the Company has determined that it is not the primary beneficiary of this VIE. As of December 31, 2015 and December 31, 2014 , the Company’s aggregate investment in HBO LAG was $558 million and $568 million , respectively, and was recorded in Investments, including available-for-sale securities, in the Consolidated Balance Sheet. The investment in HBO LAG is intended to enable the Company to more broadly leverage its programming and digital strategy in the territories served and to capitalize on growing multichannel television opportunities in such territories. The Company provides programming as well as certain services, including distribution, licensing and technological and administrative support, to HBO LAG. HBO LAG is financed through cash flows from its operations, and the Company is not obligated to provide HBO LAG with any additional financial support. In addition, the assets of HBO LAG are not available to settle the Company’s obligations. HYNTH is a VIE because the equity investment at risk is not sufficient to permit HYNTH to carry on its activities without additional subordinated financial support. The Company is not the primary beneficiary of HYNTH because it does not have the power to direct the activities that most significantly impact the entity’s economic performance. Cost-Method Investments The Company’s cost-method investments include its investment in the Series B convertible redeemable preferred shares of CME as well as its investments in entities such as non-public start-up companies and investment funds. The Company uses available qualitative and quantitative information to evaluate all cost-method investments for impairment at least quarterly. Gain on Sale of Investments For the year ended December 31, 2015 , the Company recognized net gains of $59 million , primarily related to miscellaneous investments sold during the year. For the year ended December 31, 2014 , the Company recognized net gains of $36 million , primarily related to miscellaneous investments sold during the year. For the year ended December 31, 2013 , the Company recognized net gains of $76 million primarily related to a gain on the sale of the Company’s investment in a theater venture in Japan. These amounts have been reflected in Other loss, net in the Consolidated Statement of Operations. Investment Writedowns For the years ended December 31, 2015 , 2014 and 2013 , the Company incurred writedowns to reduce the carrying value of certain investments that experienced other-than-temporary impairments, as set forth below (millions): December 31, 2015 2014 2013 Equity-method investments $ 2 $ 21 $ 5 Cost-method investments 6 8 5 Available-for-sale securities 19 6 7 Total $ 27 $ 35 $ 17 These amounts have been reflected in Other loss, net in the Consolidated Statement of Operations. While Time Warner has recognized all declines that are believed to be other-than-temporary as of December 31, 2015 , it is reasonably possible that individual investments in the Company’s portfolio may experience other-than-temporary declines in value in the future if the underlying investees experience poor operating results or the U.S. or certain foreign equity markets experience declines in value.

Fair Value Measurements

Fair Value Measurements	12 Months Ended
	Dec. 31, 2015
Fair Value Disclosures [Abstract]
FAIR VALUE MEASUREMENTS	FAIR VALUE MEASUREMENTS A fair value measurement is determined based on the assumptions that a market participant would use in pricing an asset or liability. A three-tiered hierarchy draws distinctions between market participant assumptions based on (i) observable inputs such as quoted prices in active markets (Level 1), (ii) inputs other than quoted prices in active markets that are observable either directly or indirectly (Level 2) and (iii) unobservable inputs that require the Company to use present value and other valuation techniques in the determination of fair value (Level 3). The following table presents information about assets and liabilities required to be carried at fair value on a recurring basis as of December 31, 2015 and December 31, 2014 , respectively (millions): December 31, 2015 December 31, 2014 Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total Assets: Trading securities: Diversified equity securities (a) $ 179 $ — $ — $ 179 $ 232 $ 5 $ — $ 237 Available-for-sale securities: Equity securities 15 — — 15 19 — — 19 Debt securities — 70 — 70 — 60 — 60 Derivatives: Foreign exchange contracts — 79 — 79 — 61 — 61 Other — — 180 180 — — 247 247 Liabilities: Derivatives: Foreign exchange contracts — (2 ) — (2 ) — (3 ) — (3 ) Other — — (7 ) (7 ) — — (6 ) (6 ) Total $ 194 $ 147 $ 173 $ 514 $ 251 $ 123 $ 241 $ 615 _________________________ (a) Consists of investments related to deferred compensation. The Company primarily applies the market approach for valuing recurring fair value measurements. As of December 31, 2015 and 2014 , assets and liabilities valued using significant unobservable inputs (Level 3) primarily related to warrants to purchase shares of Class A common stock of CME valued at $179 million and $242 million , respectively. The Company estimates the fair value of these warrants using a Monte Carlo Simulation model. Significant unobservable inputs used in the fair value measurement at December 31, 2015 are an expected term of 1.44 years and an expected volatility of approximately 59% . The other Level 3 assets and liabilities consisted of assets related to equity instruments held by employees of a former subsidiary of the Company, liabilities for contingent consideration and options to redeem securities. The following table reconciles the beginning and ending balances of net derivative assets and liabilities classified as Level 3 and identifies the total gains (losses) the Company recognized during the year ended December 31, 2015 and 2014 on such assets and liabilities that were included in the Consolidated Balance Sheet as of December 31, 2015 and 2014 (millions): December 31, 2015 2014 Balance as of the beginning of the period $ 241 $ 1 Total gains (losses), net: Included in operating income (1 ) — Included in other loss, net (65 ) 31 Included in other comprehensive income (loss) — — Purchases — 213 Settlements (2 ) (20 ) Issuances — 16 Transfers in and/or out of Level 3 — — Balance as of the end of the period $ 173 $ 241 Net gain (loss) for the period included in net income related to assets and liabilities still held as of the end of the period $ (66 ) $ 32 Other Financial Instruments The Company’s other financial instruments, including debt, are not required to be carried at fair value. Based on the interest rates prevailing at December 31, 2015 , the fair value of Time Warner’s debt exceeded its carrying value by approximately $2.490 billion and, based on interest rates prevailing at December 31, 2014 , the fair value of Time Warner’s debt exceeded its carrying value by approximately $4.364 billion . The fair value of Time Warner’s debt was considered a Level 2 measurement as it was based on observable market inputs such as current interest rates and, where available, actual sales transactions. Unrealized gains or losses on debt do not result in the realization or expenditure of cash and generally are not recognized in the consolidated financial statements unless the debt is retired prior to its maturity. Information as of December 31, 2015 about the Company’s investments in CME that are not required to be carried at fair value on a recurring basis is as follows (millions): Carrying Value Fair Value Fair Value Hierarchy Class A common stock (a) $ — $ 195 Level 1 Series B convertible redeemable preferred shares — 268 Level 2 Senior secured notes 268 420 Level 2 _________________________ (a) Includes 1 share of Series A convertible preferred stock. The fair values of the Company’s investments in CME’s Class A common stock (including Series A convertible preferred stock) and Series B convertible redeemable preferred shares are primarily determined by reference to the December 31, 2015 closing price of CME’s common stock. The fair value of the Company’s investment in CME’s Senior Secured Notes is primarily determined by reference to observable sales transactions. The carrying value for the majority of the Company’s other financial instruments approximates fair value due to the short-term nature of the financial instruments or because the financial instruments are of a longer-term nature and are recorded on a discounted basis. Non-Financial Instruments The majority of the Company’s non-financial instruments, which include goodwill, intangible assets, inventories and property, plant and equipment, are not required to be carried at fair value on a recurring basis. However, if certain triggering events occur (or at least annually for goodwill and indefinite-lived intangible assets), a non-financial instrument is required to be evaluated for impairment. If the Company determines that the non-financial instrument is impaired, the Company would be required to write down the non-financial instrument to its fair value. During the year ended December 31, 2015 , the Company performed an impairment review of certain intangible assets at an international subsidiary of Turner. As a result, the Company recorded a noncash impairment of $1 million to completely write off the value of these assets. During the year ended December 31, 2014 , the Company performed impairment reviews of a tradename at Warner Bros., as well as certain intangible assets at international subsidiaries of Turner and Home Box Office. As a result, the Company recorded noncash impairments of $17 million to write down the value of these assets to $12 million . The resulting fair value measurements were considered to be Level 3 measurements and were determined using a discounted cash flow (“DCF”) methodology with assumptions for cash flows associated with the use and eventual disposition of the assets. During the years ended December 31, 2015 and December 31, 2014 , the Company also performed fair value measurements related to certain theatrical films and television programs. In determining the fair value of its theatrical films, the Company employs a DCF methodology that includes cash flow estimates of a film’s ultimate revenue and costs as well as a discount rate. The discount rate utilized in the DCF analysis is based on the weighted average cost of capital of the respective business (e.g., Warner Bros.) plus a risk premium representing the risk associated with producing a particular theatrical film. The fair value of any theatrical films and television programs that management plans to abandon is zero . Because the primary determination of fair value is made using a DCF model, the resulting fair value is considered a Level 3 measurement. The following table presents certain theatrical film and television production costs, which were recorded as inventory in the Consolidated Balance Sheet, that were written down to fair value (millions): Carrying value before write down Carrying value after write down Fair value measurements made during the year ended December 31,: 2015 $ 419 $ 215 2014 331 201

Inventories and Theatrical Film

Inventories and Theatrical Film and Television Production Costs	12 Months Ended
	Dec. 31, 2015
Inventory Disclosure [Abstract]
INVENTORIES AND THEATRICAL FILM AND TELEVISION PRODUCTION COSTS	INVENTORIES AND THEATRICAL FILM AND TELEVISION PRODUCTION COSTS Inventories and theatrical film and television production costs consist of (millions): December 31, 2015 2014 Inventories: Programming costs, less amortization $ 3,067 $ 3,251 Other inventory, primarily DVDs and Blu-ray Discs 263 228 Total inventories 3,330 3,479 Less: current portion of inventory (1,753 ) (1,700 ) Total noncurrent inventories 1,577 1,779 Theatrical film production costs: (a) Released, less amortization 570 641 Completed and not released 374 379 In production 1,612 1,266 Development and pre-production 123 105 Television production costs: (a) Released, less amortization 1,301 1,251 Completed and not released 872 521 In production 1,158 889 Development and pre-production 13 10 Total theatrical film and television production costs 6,023 5,062 Total noncurrent inventories and theatrical film and television production costs $ 7,600 $ 6,841 _________________________ (a) Does not include $656 million and $797 million of acquired film library intangible assets as of December 31, 2015 and December 31, 2014 , respectively, which are included in Intangible assets subject to amortization, net in the Consolidated Balance Sheet. Approximately 90% of unamortized film costs for released theatrical and television content are expected to be amortized within three years from December 31, 2015 . In addition, approximately $2.2 billion or 71% of the film costs of released and completed and not released theatrical and television product are expected to be amortized during the twelve-month period ending December 31, 2016 .

Derivative Instruments and Hedg

Derivative Instruments and Hedging Activities	12 Months Ended
	Dec. 31, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]
DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES	DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES Time Warner uses derivative instruments, primarily forward contracts, to manage the risk associated with the volatility of future cash flows denominated in foreign currencies and changes in fair value resulting from changes in foreign currency exchange rates. The principal currencies being hedged include the British Pound, Euro, Australian Dollar and Canadian Dollar. Time Warner uses foreign exchange contracts that generally have maturities of three to 18 months to hedge various foreign exchange exposures, including the following: (i) variability in foreign-currency-denominated cash flows, such as the hedges of unremitted or forecasted royalty and license fees owed to Time Warner’s domestic companies for the sale or anticipated sale of U.S. copyrighted products abroad or cash flows for certain film production costs denominated in a foreign currency (i.e., cash flow hedges), and (ii) currency risk associated with foreign-currency-denominated operating assets and liabilities (i.e., fair value hedges). The Company also enters into derivative contracts that economically hedge certain of its foreign currency risks, even though hedge accounting does not apply or the Company elects not to apply hedge accounting. These economic hedges are used primarily to offset the change in certain foreign currency denominated long-term receivables and certain foreign-currency-denominated debt due to changes in the underlying foreign exchange rates. The translation of revenues and expenses denominated in the functional currency of a foreign subsidiary may result in fluctuations in the U.S. Dollar-equivalent value of such revenues and expenses as compared to prior periods. Such transactions are not eligible for qualifying hedge accounting treatment, and the Company does not economically hedge this exposure. Net gains and losses from hedging activities recognized in the Consolidated Statement of Operations were as follows (millions): Year Ended December 31, 2015 2014 2013 Gains (losses) recognized in: Cost of revenues $ 127 $ 54 $ 20 Selling, general and administrative 21 5 4 Other loss, net (26 ) — 1 Amounts included in Other loss, net primarily relate to the impact of forward points, which are excluded from the assessment of hedge effectiveness. Other amounts included in Other loss, net relate to hedge ineffectiveness and option premiums which are not material. The Company monitors its positions with, and the credit quality of, the financial institutions that are party to its financial transactions and has entered into collateral agreements with certain of these counterparties to further protect the Company in the event of deterioration of the credit quality of such counterparties on outstanding transactions. Additionally, netting provisions are included in agreements in situations where the Company executes multiple contracts with the same counterparty. For such foreign exchange contracts, the Company offsets the fair values of the amounts owed to or due from the same counterparty and classifies the net amount as a net asset or net liability within Prepaid expenses and other current assets or Accounts payable and accrued liabilities, respectively, in the Consolidated Balance Sheet. The following is a summary of amounts recorded in the Consolidated Balance Sheet pertaining to Time Warner’s use of foreign currency derivatives at December 31, 2015 and December 31, 2014 (millions): December 31, 2015 (a) 2014 (b) Prepaid expenses and other current assets $ 79 $ 61 Accounts payable and accrued liabilities (2 ) (3 ) _________________________ (a) Includes $198 million ( $194 million of qualifying hedges and $4 million of economic hedges) and $121 million ( $116 million of qualifying hedges and $5 million of economic hedges) of foreign exchange derivative contracts in asset and liability positions, respectively. (b) Includes $139 million ( $92 million of qualifying hedges and $47 million of economic hedges) and $81 million ( $65 million of qualifying hedges and $16 million of economic hedges) of foreign exchange derivative contracts in asset and liability positions, respectively. At December 31, 2015 and December 31, 2014 , $29 million and $20 million of gains, respectively, related to cash flow hedges are recorded in Accumulated other comprehensive loss, net and are expected to be recognized in earnings at the same time the hedged items affect earnings. Included in Accumulated other comprehensive loss, net at December 31, 2015 and December 31, 2014 are net losses of $9 million and $5 million , respectively, related to hedges of cash flows associated with films that are not expected to be released within the next twelve months. At December 31, 2015 , the carrying amount of the Company’s €700 million aggregate principal amount of debt is designated as a hedge of the variability in the Company’s Euro-denominated net investments. The gain or loss on the debt that is designated as, and is effective as, an economic hedge of the net investment in a foreign operation is recorded as a currency translation adjustment within Accumulated other comprehensive loss, net in the Consolidated Balance Sheet. For the year ended December 31, 2015 , such amounts totaled $1 million of gains . See Note 8, “Long-Term Debt and Other Financing Arrangements,” for more information.

Long Term Debt and Other Financ

Long Term Debt and Other Financing Arrangements	12 Months Ended
	Dec. 31, 2015
Debt Disclosure [Abstract]
LONG TERM DEBT AND OTHER FINANCING ARRANGEMENTS	LONG-TERM DEBT AND OTHER FINANCING ARRANGEMENTS The Company’s long-term debt and other financing arrangements consist of revolving bank credit facilities, a commercial paper program, fixed-rate public debt and other obligations. The principal amounts of long-term debt adjusted for premiums, discounts and issuance costs consist of (millions): December 31, 2015 2014 Fixed-rate public debt $ 23,572 $ 21,809 Other obligations 220 572 Subtotal 23,792 22,381 Debt due within one year (198 ) (1,118 ) Total long-term debt $ 23,594 $ 21,263 The Company’s unused committed capacity as of December 31, 2015 was $7.177 billion , including $2.155 billion of Cash and equivalents. At December 31, 2015 , there were no borrowings outstanding under the Revolving Credit Facilities, as defined below, and no commercial paper was outstanding under the commercial paper program. The Revolving Credit Facilities, commercial paper program and public debt of the Company rank pari passu with the senior debt of the respective obligors thereon. The weighted-average interest rate on Time Warner’s total debt was 5.65% and 5.83% at December 31, 2015 and 2014 , respectively. Revolving Credit Facilities and Commercial Paper Program Revolving Credit Facilities On December 18, 2015, Time Warner amended its $5.0 billion of senior unsecured credit facilities (the “Revolving Credit Facilities”), which consist of two $2.5 billion revolving credit facilities, to extend the maturity dates of both facilities from December 18, 2019 to December 18, 2020. The permitted borrowers under the Revolving Credit Facilities are Time Warner and Time Warner International Finance Limited (“TWIFL” and, together with Time Warner, the “Borrowers”). The interest rate on borrowings and facility fees under the Revolving Credit Facilities are the same for both revolving credit facilities and are based on the credit rating for Time Warner’s senior unsecured long-term debt. Based on the credit rating as of December 31, 2015 , the interest rate on borrowings under the Revolving Credit Facilities would be LIBOR plus 1.10% per annum and the facility fee was 0.15% per annum. The Revolving Credit Facilities provide same-day funding and multi-currency capability, and a portion of the commitment, not to exceed $500 million at any time, may be used for the issuance of letters of credit. The covenants in the Revolving Credit Facilities include a maximum consolidated leverage ratio covenant of 4.5 times the consolidated EBITDA, as defined in the Revolving Credit Facilities, of Time Warner, but exclude any credit ratings-based defaults or covenants or any ongoing covenant or representations specifically relating to a material adverse change in Time Warner’s financial condition or results of operations. The terms and related financial metrics associated with the leverage ratio are defined in the Revolving Credit Facilities. At December 31, 2015 , the Company was in compliance with the leverage covenant, with a consolidated leverage ratio of approximately 2.9 times . Borrowings under the Revolving Credit Facilities may be used for general corporate purposes, and unused credit is available to support borrowings by Time Warner under its commercial paper program. The Revolving Credit Facilities also contain certain events of default customary for credit facilities of this type (with customary grace periods, as applicable). The Borrowers may from time to time, so long as no default or event of default has occurred and is continuing, increase the commitments under either or both of the Revolving Credit Facilities by up to $500 million per facility by adding new commitments or increasing the commitments of willing lenders. The obligations of each of the Borrowers under the Revolving Credit Facilities are directly or indirectly guaranteed, on an unsecured basis, by Historic TW Inc. (“Historic TW”), Home Box Office and Turner. The obligations of TWIFL under the Revolving Credit Facilities are also guaranteed by Time Warner. Commercial Paper Program The Company has a commercial paper program, which was established on February 16, 2011 on a private placement basis, under which Time Warner may issue unsecured commercial paper notes up to a maximum aggregate amount not to exceed the unused committed capacity under the $5.0 billion Revolving Credit Facilities, which support the commercial paper program. Proceeds from the commercial paper program may be used for general corporate purposes. The obligations of the Company under the commercial paper program are directly or indirectly guaranteed, on an unsecured basis, by Historic TW, Home Box Office and Turner. Public Debt Time Warner and one of its subsidiaries have various public debt issuances outstanding. At issuance, the maturities of these outstanding series of debt ranged from five to 40 years and the interest rates on debt with fixed interest rates ranged from 1.95% to 9.15% . At December 31, 2015 and 2014 , the weighted average interest rate on the Company’s outstanding fixed-rate public debt was 5.67% and 5.92% , respectively. At December 31, 2015 , the Company’s fixed-rate public debt had maturities ranging from 2016 to 2045. Debt Offerings On June 4, 2015, Time Warner issued $2.1 billion aggregate principal amount of debt securities under a shelf registration statement, consisting of $1.5 billion aggregate principal amount of 3.60% Notes due 2025 and $600 million aggregate principal amount of 4.85% Debentures due 2045. The securities are guaranteed, on an unsecured basis, by Historic TW. In addition, Turner and Home Box Office guarantee, on an unsecured basis, Historic TW’s guarantee of the securities. The net proceeds from the offering were $2.083 billion , after deducting underwriting discounts and offering expenses. The Company used a portion of the net proceeds from the offering to retire at maturity the $1.0 billion aggregate principal amount outstanding of its 3.15% Notes due July 15, 2015. The remainder of the net proceeds will be used for general corporate purposes, including share repurchases. On July 28, 2015, Time Warner issued €700 million aggregate principal amount of 1.95% Notes due 2023 under a shelf registration statement. The notes are guaranteed, on an unsecured basis, by Historic TW. In addition, Turner and Home Box Office guarantee, on an unsecured basis, Historic TW’s guarantee of the notes. The net proceeds from the offering were €693 million , after deducting underwriting discounts and offering expenses, and will be used for general corporate purposes. In addition, the Company has designated these notes as a hedge of the variability in the Company’s Euro-denominated net investments. See Note 7, “Derivative Instruments and Hedging Activities,” to the accompanying consolidated financial statements for more information. On November 20, 2015, Time Warner issued $900 million aggregate principal amount of debt securities under a shelf registration statement, consisting of $600 million aggregate principal amount of 3.875% Notes due 2026 and $300 million additional aggregate principal amount of 4.85% Debentures due 2045 (the “Additional Debentures”). The Additional Debentures constitute an additional issuance of, form a single series with, and trade interchangeably with, the outstanding 4.85% Debentures due 2045 issued by Time Warner on June 4, 2015. The securities are guaranteed, on an unsecured basis, by Historic TW. In addition, Turner and Home Box Office guarantee, on an unsecured basis, Historic TW’s guarantee of the securities. The net proceeds from the offering were $884 million , after deducting underwriting discounts and offering expenses, and will be used for general corporate purposes. Debt Tender Offer and Redemption In June 2015, Time Warner purchased $687 million aggregate principal amount of the $1.0 billion aggregate principal amount outstanding of its 5.875% Notes due 2016 (the “2016 Notes”) through a tender offer. In August 2015, the Company redeemed the $313 million aggregate principal amount of the 2016 Notes that remained outstanding following the tender offer. The premiums paid and costs incurred in connection with this purchase and redemption were $71 million for the year ended December 31, 2015 and were recorded in Other loss, net in the accompanying Consolidated Statement of Operations. Maturities of Public Debt The Company’s public debt matures as follows (millions): 2016 2017 2018 2019 2020 Thereafter Debt $ 150 $ 500 $ 600 $ 650 $ 1,400 $ 20,501 Covenants and Credit Rating Triggers Each of the credit agreements for the Revolving Credit Facilities (the “Credit Agreement”) and the Company’s public debt indentures contain customary covenants. A breach of the covenants in the Credit Agreement that continues beyond any grace period constitutes a default, which can limit the Company’s ability to borrow and can give rise to a right of the lenders to terminate the Revolving Credit Facilities and/or require immediate payment of any outstanding debt. A breach of the covenants in the public debt indentures beyond any grace period constitutes a default, which can require immediate payment of the outstanding debt. There are no credit ratings-based defaults or covenants in the Credit Agreement or public debt indentures. The interest rate on borrowings under the Revolving Credit Facilities and the facility fee are based in part on the Company’s credit ratings. Therefore, if the Company’s credit ratings are lowered, the cost of maintaining the Revolving Credit Facilities and the cost of borrowing increase and, conversely, if the ratings improve, such costs decrease. As of December 31, 2015 , the Company’s investment grade debt ratings were as follows: Fitch BBB+, Moody’s Baa2, and S&P BBB. As of December 31, 2015 , the Company was in compliance with all covenants in the Credit Agreement and its public debt indentures. The Company does not anticipate that it will have any difficulty in the foreseeable future complying with the covenants in its Credit Agreement or public debt indentures. Other Obligations Other long-term debt obligations consist of capital lease and other obligations, including committed financings by subsidiaries under local bank credit agreements. At December 31, 2015 and 2014 , the weighted average interest rate for other long-term debt obligations was 3.32% and 2.59% , respectively. Other long-term debt obligations of $125 million mature in 2018. Capital Leases The Company has entered into various leases primarily related to network equipment that qualify as capital lease obligations. As a result, the present value of the remaining future minimum lease payments is recorded as a capitalized lease asset and related capital lease obligation in the Consolidated Balance Sheet. Assets recorded under capital lease obligations totaled $125 million and $113 million as of December 31, 2015 and 2014 , respectively. Related accumulated amortization totaled $81 million and $69 million as of December 31, 2015 and 2014 , respectively. Future minimum capital lease payments at December 31, 2015 are as follows (millions): 2016 $ 14 2017 12 2018 11 2019 10 2020 7 Thereafter 7 Total 61 Amount representing interest (9 ) Present value of minimum lease payments 52 Current portion (11 ) Total long-term portion $ 41

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2015
Income Tax Disclosure [Abstract]
INCOME TAXES	INCOME TAXES Domestic and foreign income before income taxes and discontinued operations are as follows (millions): Year Ended December 31, 2015 2014 2013 Domestic $ 4,733 $ 4,296 $ 4,836 Foreign 713 383 132 Total $ 5,446 $ 4,679 $ 4,968 Current and Deferred income taxes (tax benefits) provided on Income from continuing operations are as follows (millions): Year Ended December 31, 2015 2014 2013 Federal: Current $ 844 $ 128 $ 494 Deferred 349 152 802 Foreign: Current (a) 337 466 348 Deferred (29 ) — (21 ) State and Local: Current 142 25 13 Deferred 8 14 (22 ) Total (b) $ 1,651 $ 785 $ 1,614 _________________________ (a) Includes foreign withholding taxes of $236 million in 2015 , $279 million in 2014 and $273 million in 2013 . (b) Excludes excess tax benefits from equity awards allocated directly to contributed capital of $151 million in 2015 , $179 million in 2014 and $179 million in 2013 . The differences between income taxes expected at the U.S. federal statutory income tax rate of 35% and income taxes provided are as set forth below (millions): Year Ended December 31, 2015 2014 2013 Taxes on income at U.S. federal statutory rate $ 1,906 $ 1,638 $ 1,739 State and local taxes, net of federal tax effects 68 64 72 Domestic production activities deduction (101 ) (114 ) (133 ) Foreign rate differential (129 ) (20 ) (10 ) Federal tax settlement — (687 ) — Valuation allowances (29 ) (226 ) 3 Other (64 ) 130 (57 ) Total 1,651 785 1,614 Significant components of Time Warner’s net deferred tax liabilities are as follows (millions): December 31, 2015 2014 Deferred tax assets: Tax attribute carryforwards (a) $ 299 $ 305 Receivable allowances and return reserves 158 168 Royalties, participations and residuals 457 429 Equity-based compensation 188 218 Amortization 36 231 Other 1,322 1,407 Valuation allowances (a) (233 ) (275 ) Total deferred tax assets $ 2,227 $ 2,483 Deferred tax liabilities: Assets acquired in business combinations $ 2,817 $ 2,874 Unbilled television receivables 1,117 998 Depreciation 235 264 Other 378 367 Total deferred tax liabilities 4,547 4,503 Net deferred tax liability $ 2,320 $ 2,020 _________________________ (a) The Company has recorded valuation allowances for certain tax attribute carryforwards and other deferred tax assets due to uncertainty that exists regarding future realizability. The tax attribute carryforwards consist of $47 million of tax credits, $41 million of capital losses and $211 million of net operating losses that expire in varying amounts from 2016 through 2035. If, in the future, the Company believes that it is more likely than not that these deferred tax benefits will be realized, the valuation allowances will be recognized in the Consolidated Statement of Operations. U.S. income and foreign withholding taxes have not been recorded on permanently reinvested earnings of certain foreign subsidiaries aggregating approximately $1.1 billion at December 31, 2015 . Determination of the amount of unrecognized deferred U.S. income tax liability with respect to such earnings is not practicable. For accounting purposes, the Company records equity-based compensation expense and a related deferred tax asset for the future tax deductions it may receive. For income tax purposes, the Company receives a tax deduction equal to the stock price on the date that an RSU (or PSU) vests or the excess of the stock price over the exercise price of an option upon exercise. The deferred tax asset consists of amounts relating to individual unvested and/or unexercised equity-based compensation awards; accordingly, deferred tax assets related to certain equity awards may currently be in excess of the tax benefit ultimately received. The applicable accounting rules require that the deferred tax asset related to an equity-based compensation award be reduced only at the time the award vests (in the case of an RSU or PSU), is exercised (in the case of a stock option) or otherwise expires or is canceled. This reduction is recorded as an adjustment to Additional paid-in capital (“APIC”), to the extent that the realization of excess tax deductions on prior equity-based compensation awards were recorded directly to APIC. The cumulative amount of such excess tax deductions is referred to as the Company’s “APIC Pool.” Any shortfall balance recognized in excess of the Company’s APIC Pool is charged to Income tax provision in the Consolidated Statement of Operations. The Company’s APIC Pool was sufficient to absorb any shortfalls such that no shortfalls were charged to the Income tax provision during the years ended December 31, 2015 , 2014 and 2013 . Accounting for Uncertainty in Income Taxes The Company recognizes income tax benefits for tax positions determined more likely than not to be sustained upon examination, based on the technical merits of the positions. Changes in the Company’s uncertain income tax positions, excluding the related accrual for interest and penalties, from January 1 through December 31 are set forth below (millions): Year Ended December 31, 2015 2014 2013 Beginning balance $ 1,327 $ 2,169 $ 2,203 Additions for prior year tax positions 61 87 124 Additions for current year tax positions 62 69 76 Reductions for prior year tax positions (75 ) (968 ) (140 ) Settlements (40 ) (8 ) (84 ) Lapses in statute of limitations (5 ) (22 ) (10 ) Ending balance $ 1,330 $ 1,327 $ 2,169 Should the Company’s position with respect to these uncertain tax positions be upheld, the significant majority of the effect would be recorded in the Consolidated Statement of Operations as part of the Income tax provision. During the year ended December 31, 2015 , the Company recorded an increase to interest reserves in the Consolidated Statement of Operations of approximately $55 million and made interest payments in connection with settlements reached during 2015 of approximately $19 million . During the year ended December 31, 2014 , the Company recorded a decrease to interest reserves in the Consolidated Statement of Operations of approximately $62 million and made interest payments in connection with settlements reached during 2014 of approximately $12 million . The amount accrued for interest and penalties as of December 31, 2015 and 2014 was $382 million and $346 million , respectively. The Company’s policy is to recognize interest and penalties accrued on uncertain tax positions as part of income tax expense. In the Company’s judgment, uncertainties related to certain tax matters are reasonably possible of being resolved during the next twelve months. The effect of the resolutions of these matters, a portion of which could vary based on the final terms and timing of actual settlements with taxing authorities, is estimated to be a reduction of recorded unrecognized tax benefits ranging from $0 to $100 million , most of which would lower the Company’s effective tax rate. The Company does not otherwise currently anticipate that its reserves related to uncertain income tax positions as of December 31, 2015 will significantly increase or decrease during the twelve-month period ended December 31, 2016 ; however, various events could cause the Company’s current expectations to change in the future. During the year ended December 31, 2014, the Company recognized a tax benefit of $687 million primarily related to the reversal of certain tax reserves, including related interest accruals, in connection with a Federal tax settlement on the examination of the Company’s 2005–2007 tax returns. Certain matters involving the Company’s capital loss carryforward and research and development tax credits were not resolved as part of the settlement and, accordingly, the Company is pursuing resolution of such matters through the Internal Revenue Service’s (“IRS”) administrative appeals process. The Company and its subsidiaries file income tax returns in the U.S. and various state and local and foreign jurisdictions. The IRS is currently conducting an examination of the Company’s U.S. income tax returns for the 2008 through 2010 period. The Company filed a petition with the United States Tax Court on a matter relating to the appropriate tax characterization of stock warrants received from Google Inc. in 2002. In December 2014, the Company reached a preliminary agreement with the IRS, subject to agreement regarding certain necessary computations and the preparation and execution of definitive documentation. In February 2016, the parties reached a final agreement to resolve this matter. As of December 31, 2015 , the tax years that remain subject to examination by significant jurisdiction are as follows: U.S. federal 2002 and 2004 through 2015 California 2010 through 2015 New York State 2012 through 2015 New York City 2009 through 2015

Shareholders' Equity

Shareholders' Equity	12 Months Ended
	Dec. 31, 2015
Equity [Abstract]
SHAREHOLDERS' EQUITY	SHAREHOLDERS’ EQUITY Common Stock Repurchase Program For the years ended December 31, 2015 , 2014 and 2013 , the number of shares repurchased pursuant to trading plans under Rule 10b5-1 of the Securities Exchange Act of 1934, as amended, and their cost are as follows (millions): Shares Repurchased Cost of Shares 2015 45 $ 3,600 2014 77 $ 5,500 2013 60 $ 3,700 In January 2016, Time Warner’s Board of Directors authorized up to $5.0 billion of share repurchases beginning January 1, 2016, including amounts available under the Company’s prior stock repurchase program at December 31, 2015. Purchases under the stock repurchase program may be made from time to time on the open market and in privately negotiated transactions. The size and timing of these purchases are based on a number of factors, including price and business and market conditions. Shares Authorized and Outstanding At December 31, 2015 , shareholders’ equity of Time Warner included 795 million shares of common stock (net of 857 million shares of common stock held in treasury). As of December 31, 2015 , Time Warner is authorized to issue up to 750 million shares of preferred stock, up to 8.33 billion shares of common stock and up to 600 million shares of additional series of common stock. At December 31, 2014 , shareholders’ equity of Time Warner included 832 million shares of common stock (net of 820 million shares of common stock held in treasury). Comprehensive Income (Loss) Comprehensive income (loss) is reported in the Consolidated Statement of Comprehensive Income and consists of Net income and other gains and losses affecting shareholders’ equity that, under GAAP, are excluded from Net income. For Time Warner, such items consist primarily of foreign currency translation gains (losses), unrealized gains and losses on certain derivative financial instruments and equity securities, and changes in benefit plan obligations. The following summary sets forth the activity within Other comprehensive income (loss) (millions): Pretax Tax (provision) benefit Net of tax Year ended December 31, 2013 Unrealized losses on foreign currency translation $ (38 ) $ 16 $ (22 ) Reclassification adjustment for gains on foreign currency translation realized in net income (b) (9 ) 3 (6 ) Unrealized gains on securities 22 (9 ) 13 Unrealized gains on benefit obligation 203 (79 ) 124 Reclassification adjustment for losses on benefit obligation realized in net income (c) 33 (11 ) 22 Unrealized gains on derivative financial instruments 45 (18 ) 27 Reclassification adjustment for derivative financial instrument gains realized in net income (d) (35 ) 14 (21 ) Other comprehensive income $ 221 $ (84 ) $ 137 Year ended December 31, 2014 Unrealized losses on foreign currency translation $ (243 ) $ 15 $ (228 ) Unrealized losses on securities (6 ) 2 (4 ) Reclassification adjustment for gains on securities realized in net income (b) (16 ) 6 (10 ) Unrealized losses on benefit obligation (282 ) 95 (187 ) Reclassification adjustment for losses on benefit obligation realized in net income (c) 30 (11 ) 19 Unrealized gains on derivative financial instruments 13 (5 ) 8 Reclassification adjustment for derivative financial instrument gains realized in net income (d) (22 ) 8 (14 ) Other comprehensive loss $ (526 ) $ 110 $ (416 ) Year ended December 31, 2015 Unrealized losses on foreign currency translation $ (319 ) $ 30 $ (289 ) Reclassification adjustment for losses on foreign currency translation realized in net income (a) 5 — 5 Unrealized gains on securities 1 — 1 Unrealized losses on benefit obligation (37 ) 11 (26 ) Reclassification adjustment for losses on benefit obligation realized in net income (c) 33 (11 ) 22 Unrealized gains on derivative financial instruments 137 (49 ) 88 Reclassification adjustment for derivative financial instrument gains realized in net income (d) (130 ) 47 (83 ) Other comprehensive loss $ (310 ) $ 28 $ (282 ) _________________________ (a) Pretax (gains) losses included in Gain (loss) on operating assets, net. (b) Pretax (gains) losses included in Other loss, net. (c) Pretax (gains) losses included in Selling, general and administrative expenses. (d) Pretax (gains) losses included in Selling, general and administrative expenses, Costs of revenues and Other loss, net are as follows (millions): Year Ended December 31, 2015 2014 2013 Selling, general and administrative expenses $ (21 ) $ (5 ) $ (5 ) Costs of revenues (104 ) (18 ) (27 ) Other loss, net (5 ) 1 (3 ) The following summary sets forth the components of Accumulated other comprehensive loss, net of tax (millions): December 31, 2015 2014 Foreign currency translation losses $ (583 ) $ (299 ) Net unrealized gains on securities 13 12 Net derivative financial instruments gains 17 12 Net unfunded/underfunded benefit obligation (893 ) (889 ) Accumulated other comprehensive loss, net $ (1,446 ) $ (1,164 )

Income Per Common Share

Income Per Common Share	12 Months Ended
	Dec. 31, 2015
Earnings Per Share [Abstract]
INCOME PER COMMON SHARE	INCOME PER COMMON SHARE Set forth below is a reconciliation of Basic and Diluted income per common share from continuing operations attributable to Time Warner Inc. common shareholders (millions, except per share amounts): Year Ended December 31, 2015 2014 2013 Income from continuing operations attributable to Time Warner Inc. shareholders $ 3,796 $ 3,894 $ 3,354 Income allocated to participating securities (11 ) (14 ) (16 ) Income from continuing operations attributable to Time Warner Inc. common shareholders — basic $ 3,785 $ 3,880 $ 3,338 Average basic common shares outstanding 814.9 863.3 920.0 Dilutive effect of equity awards 14.6 19.3 22.6 Average diluted common shares outstanding 829.5 882.6 942.6 Antidilutive common share equivalents excluded from computation 5.0 1.0 — Income per common share from continuing operations attributable to Time Warner Inc. common shareholders: Basic $ 4.64 $ 4.49 $ 3.63 Diluted $ 4.58 $ 4.41 $ 3.56

Equity-Based Compensation

Equity-Based Compensation	12 Months Ended
	Dec. 31, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
EQUITY-BASED COMPENSATION	EQUITY-BASED COMPENSATION Equity Plans The Company has one active equity plan, the Time Warner Inc. 2013 Stock Incentive Plan (the “2013 Stock Incentive Plan”), which was approved by the Company’s stockholders on May 23, 2013. Under the 2013 Stock Incentive Plan, the Company is authorized to grant equity awards to employees and non-employee directors covering an aggregate of approximately 36 million shares of the Company’s common stock. Stock options and RSUs have been granted to employees and non-employee directors of the Company. Generally, stock options are granted with exercise prices equal to the fair market value on the date of grant, vest in four equal annual installments, and expire ten years from the date of grant. RSUs granted under the 2013 Stock Incentive Plan generally vest in four equal annual installments, while RSUs granted under the Company’s prior stock incentive plans generally vest 50% on each of the third and fourth anniversaries of the date of grant. The Company also has a PSU program for executive officers who are awarded a target number of PSUs that represent the contingent (unfunded) right to receive shares of Company common stock at the end of a three -year performance period based on the performance level achieved by the Company. Stock options and RSUs generally provide for accelerated vesting upon an election to retire after reaching a specified age and years of service, as well as in certain additional circumstances for non-employee directors. Holders of RSUs are generally entitled to receive cash dividend equivalents based on the regular quarterly cash dividends declared and paid by the Company during the period that the RSUs are outstanding. Beginning with RSU grants made in 2013, the dividend equivalent payment for holders of RSUs subject to a performance condition is made in cash following the satisfaction of the performance condition. Holders of PSUs also are entitled to receive dividend equivalents based on the regular quarterly cash dividends declared and paid by the Company during the period that the PSUs are outstanding. The dividend equivalent payment is made in cash following the vesting of the PSUs (generally following the end of the applicable performance period) and is based on the number of shares that vest and are paid out. Holders of stock options do not receive dividends or dividend equivalent payments. Upon the (i) exercise of a stock option, (ii) vesting of an RSU, (iii) vesting of a PSU or (iv) grant of restricted stock, shares of Time Warner common stock may be issued either from authorized but unissued shares or from treasury stock. In connection with the Time Separation and in accordance with existing antidilution provisions in the Company’s equity plans, the number of stock options, RSUs and target PSUs outstanding at the Distribution Date and the exercise prices of such stock options were prospectively adjusted to maintain the value of those awards subsequent to the Time Separation (the “Adjustment”). The changes in the number of shares subject to outstanding equity awards and the exercise prices were determined by comparing the value of such awards immediately prior to the Time Separation to the value of such awards immediately after the Time Separation. Accordingly, the number of shares subject to each equity award outstanding as of the Distribution Date was increased by multiplying such number of shares by a factor of approximately 1.04 , while the per share exercise price of each stock option was decreased by dividing such exercise price by a factor of approximately 1.04 . The adjustments resulted in an increase of approximately 2 million shares subject to outstanding equity awards following the Time Separation. The adjustments to the outstanding equity awards did not result in any additional compensation expense. Other information pertaining to each category of equity-based compensation appears below. Stock Options The table below summarizes the weighted-average assumptions used to value stock options at their grant date and the weighted-average grant date fair value per share: Year Ended December 31, 2015 2014 2013 Expected volatility 25.0 % 26.6 % 29.6 % Expected term to exercise from grant date 5.80 years 5.85 years 6.27 years Risk-free rate 1.8 % 1.9 % 1.3 % Expected dividend yield 1.7 % 1.7 % 2.1 % Weighted average grant date fair value per option $ 18.16 $ 16.94 $ 13.48 The following table summarizes information about stock options outstanding as of December 31, 2015 : Number of Options Weighted- Average Exercise Price Weighted- Average Remaining Contractual Life Aggregate Intrinsic Value (thousands) (in years) (thousands) Outstanding as of December 31, 2014 29,821 $ 36.27 Granted 3,379 83.31 Exercised (5,240 ) 31.27 Forfeited or expired (218 ) 32.73 Outstanding as of December 31, 2015 27,742 42.98 4.86 $ 702,685 Exercisable as of December 31, 2015 20,576 32.62 3.60 $ 668,932 As of December 31, 2015 , the number, weighted-average exercise price, aggregate intrinsic value and weighted-average remaining contractual term of the aggregate Time Warner stock options that either had vested or are expected to vest approximate the corresponding amounts for options outstanding. As of December 31, 2015 , approximately 25 million shares of Time Warner common stock were available for future grants of stock options under the Company’s equity plan. The following table summarizes information about stock options exercised (millions): Year Ended December 31, 2015 2014 2013 Total intrinsic value $ 270 $ 402 $ 491 Cash received 165 338 674 Tax benefits realized 96 143 178 Restricted Stock Units and Target Performance Stock Units The following table sets forth the weighted-average grant date fair value of RSUs and target PSUs. For certain PSUs, the service inception date precedes the grant date and requires the Company to apply mark-to-market accounting that is reflected in the grant date fair values presented: Year Ended December 31, 2015 2014 2013 RSUs $ 83.52 $ 65.56 $ 54.04 PSUs 62.02 64.54 64.67 The following table summarizes information about unvested RSUs and target PSUs as of December 31, 2015 : Number of Shares/Units Weighted- Average Grant Date Fair Value Aggregate Intrinsic Value (thousands) (thousands) Unvested as of December 31, 2014 11,109 $ 48.68 Granted (a) 2,310 81.86 Vested (5,039 ) 43.58 Forfeited (360 ) 50.15 Unvested as of December 31, 2015 8,020 59.58 $ 518,653 _________________________ (a) Includes 2.0 million RSUs and 0.1 million target PSUs granted during 2015 and a payout adjustment of 0.2 million PSUs due to the actual performance level achieved for PSUs granted in 2012 that vested during 2015 . The following table sets forth the total intrinsic value of RSUs and target PSUs that vested during the following years (millions): Year Ended December 31, 2015 2014 2013 RSUs $ 384 $ 366 $ 291 PSUs 30 17 27 Equity-Based Compensation Expense The impact on Operating income for equity-based compensation awards is as follows (millions): Year Ended December 31, 2015 2014 2013 Stock options $ 39 $ 26 $ 33 RSUs and PSUs 143 193 205 Total impact on operating income $ 182 $ 219 $ 238 Tax benefit recognized $ 64 $ 76 $ 78 Total unrecognized compensation cost related to unvested Time Warner stock option awards as of December 31, 2015 , without taking into account expected forfeitures, is $67 million and is expected to be recognized over a weighted-average period between 1 and 2 years. Total unrecognized compensation cost related to unvested RSUs and target PSUs as of December 31, 2015 , without taking into account expected forfeitures, is $177 million and is expected to be recognized over a weighted-average period between 1 and 2 years.

Benefit Plans

Benefit Plans	12 Months Ended
	Dec. 31, 2015
Compensation and Retirement Disclosure [Abstract]
BENEFIT PLANS	BENEFIT PLANS Retirement Plan Amendments Effective after June 30, 2010, the Company’s domestic defined benefit pension plans were closed to new hires and employees with less than one year of service, and participating employees stopped accruing additional years of service for purposes of determining the benefits provided by the plans (though crediting years of service for purposes of vesting and eligibility for early retirement benefits continues). Effective December 31, 2013, pay increases are no longer taken into consideration when determining a participating employee’s benefits under the plans. In July 2013, the Company’s Board of Directors approved amendments to the Time Warner Group Health Plan. Pursuant to the amendments, (i) subsidized medical benefits provided to eligible retired employees (and their eligible dependents) were discontinued for all future retirees who were employed on December 31, 2013 and who would not meet the eligibility criteria by December 31, 2015 and (ii) effective January 1, 2014, post-65 retiree medical coverage was discontinued and eligible retirees (and their eligible dependents) were moved to coverage provided in the individual health insurance market. Defined Benefit Pension Plans A summary of activity for substantially all of Time Warner’s domestic and international defined benefit pension plans is as follows: Benefit Obligation (millions) December 31, 2015 2014 Change in benefit obligation: Projected benefit obligation, beginning of year $ 3,694 $ 3,311 Service cost 4 3 Interest cost 147 153 Actuarial loss (gain) (204 ) 484 Benefits paid (177 ) (192 ) Curtailments/Special termination benefit (1 ) (8 ) Transfer out due to the Time Separation — (29 ) Foreign currency exchange rates (24 ) (28 ) Projected benefit obligation, end of year $ 3,439 $ 3,694 Accumulated benefit obligation, end of year $ 3,405 $ 3,660 Plan Assets (millions) December 31, 2015 2014 Change in plan assets: Fair value of plan assets, beginning of year $ 2,932 $ 2,766 Actual return on plan assets (84 ) 333 Employer contributions 49 51 Benefits paid (177 ) (192 ) Foreign currency exchange rates (22 ) (26 ) Fair value of plan assets, end of year $ 2,698 $ 2,932 As of December 31, 2015 and December 31, 2014 , the funded status recognized in the Consolidated Balance Sheet reflected a net liability position of $741 million and $762 million , respectively, primarily consisting of noncurrent liabilities of $798 million and $808 million , respectively. As of December 31, 2015 and December 31, 2014 , amounts included in Accumulated other comprehensive loss, net were $1.402 billion and $1.400 billion , respectively, primarily consisting of net actuarial losses. Certain defined benefit pension plans have projected benefit obligations and accumulated benefit obligations in excess of their plan assets. These plans are primarily unfunded. As of December 31, 2015 and December 31, 2014 , the projected benefit obligations for unfunded plans were $417 million and $449 million , respectively, and the accumulated benefit obligations for unfunded plans were $410 million and $442 million , respectively. In addition, as of December 31, 2015 , the projected benefit obligation and accumulated benefit obligation for certain funded plans exceeded the fair value of their assets by $414 million and $413 million , respectively. Components of Net Periodic Benefit Costs from Continuing Operations (millions) December 31, 2015 2014 2013 Service cost (a) $ 4 $ 3 $ 3 Interest cost 83 91 79 Expected return on plan assets (90 ) (95 ) (85 ) Amortization of prior service cost 1 1 1 Amortization of net loss 17 14 16 Net periodic benefit costs (b) $ 15 $ 14 $ 14 _________________________ (a) Amounts relate to various international benefit plans. (b) Excludes net periodic benefit costs/(income) related to discontinued operations of $5 million , $3 million and $(2) million during the years ended December 31, 2015 , 2014 and 2013 , respectively. Assumptions Weighted-average assumptions used to determine benefit obligations and net periodic benefit costs for the years ended December 31: Benefit Obligations Net Periodic Benefit Costs 2015 2014 2013 2015 2014 2013 Discount rate 4.59 % 4.10 % 4.90 % 4.10 % 4.89 % 4.07 % Rate of compensation increase 5.45 % 5.34 % 5.60 % 5.35 % 5.59 % 3.98 % Expected long-term return on plan assets n/a n/a n/a 5.84 % 6.01 % 5.95 % The discount rates were determined by matching the plan’s liability cash flows to rates derived from high-quality corporate bonds available at the measurement date. In developing the expected long-term rate of return on plan assets, the Company considered long-term historical rates of return, the Company’s plan asset allocations as well as the opinions and outlooks of investment professionals and consulting firms. Fair Value of Plan Assets The following table sets forth by level, within the fair value hierarchy described in Note 5, the assets held by the Company’s defined benefit pension plans, including those assets related to The CW sub-plan, which were approximately $18 million and $20 million , respectively, as of December 31, 2015 and December 31, 2014 (millions): December 31, 2015 December 31, 2014 Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total Assets: Cash and cash equivalents (a) $ 80 $ — $ — $ 80 $ 133 $ — $ — $ 133 Insurance contracts — 15 — 15 — 14 — 14 Equity securities: Domestic equities 142 — — 142 157 — — 157 International equities 6 — — 6 8 — — 8 Fixed income securities: U.S. government and agency securities (a) 190 68 — 258 259 70 — 329 Non-U.S. government and agency securities — — — — 112 — — 112 Municipal bonds — 21 — 21 — 23 — 23 Investment grade corporate bonds (b) — 1,107 — 1,107 — 1,187 — 1,187 Non-investment grade corporate bonds (b) — 19 — 19 — 20 — 20 Other investments (c) 138 20 — 158 118 2 65 185 Liabilities: Derivatives — (41 ) — (41 ) — — (33 ) (33 ) Total (d) $ 556 $ 1,209 $ — $ 1,765 $ 787 $ 1,316 $ 32 $ 2,135 _________________________ (a) As of December 31, 2015 , cash and cash equivalents include $10 million of cash collateral for securities on loan, and U.S. government and agency securities include $59 million of securities collateral for securities on loan. As of December 31, 2014, cash and cash equivalents include $10 million of cash collateral for securities on loan, and U.S. government and agency securities include $70 million of securities collateral for securities on loan. (b) Investment grade corporate bonds have an S&P rating of BBB- or higher and non-investment grade corporate bonds have an S&P rating of BB+ or below. (c) Other investments primarily include derivative contracts, exchange-traded funds and mutual funds. (d) At December 31, 2015 and December 31, 2014 , total assets include $67 million and $78 million , respectively, of securities on loan. Certain investments that are measured at fair value using the net asset value ("NAV") per share as a practical expedient have not been categorized in the fair value table above and are as follows (millions): December 31, Asset Category 2015 2014 Pooled investments (e) 464 312 Commingled trust funds 469 486 Other investments (f) 67 75 Total $ 1,000 $ 873 (e) Pooled investments primarily consist of interests in unitized investment pools of which underlying securities primarily consist of equity and fixed income securities. (f) Other investments include limited partnerships, 103-12 investments and hedge funds. The table below sets forth a summary of changes in the fair value of the defined benefit pension plans’ Level 3 assets for the years ended December 31, 2015 and December 31, 2014 (millions): December 31, 2015 2014 Balance at beginning of period $ 32 $ — Actual return on plan assets and liabilities: Relating to securities still held at end of period (6 ) 26 Relating to securities disposed of during the period (5 ) — Purchases — — Sales — — Settlements (53 ) (2 ) Transfers in and/or out of Level 3 32 8 Balance at end of period $ — $ 32 The Company primarily utilizes the market approach for determining recurring fair value measurements. The Company’s defined benefit pension plans’ investment policy is to minimize the volatility of the plans’ funded status and to achieve and maintain fully funded status in order to pay current and future participant benefits from plan assets. The Company periodically reviews asset allocation policies consistent with its investment policy. In addition, the Company continuously monitors the performance of its pension assets, the performance of its investment advisers, sub-advisers and asset managers thereof, and makes adjustments and changes as required. The Company does not manage any pension assets internally. The investment guidelines set by the Company for the investment advisers, sub-advisers and asset managers permit the use of index funds, derivative contracts and other hedging strategies as components of portfolio management strategies. Under the Company’s investment policy, the asset allocation target for the domestic defined benefit pension plans is approximately 35% equity investments and 65% fixed income investments. As and when funded status and market conditions permit, the Company intends to transition this asset allocation target toward a target of approximately 20% equity investments and 80% fixed income investments to further minimize funded status volatility. Target asset allocations for the international defined benefit pension plans as of December 31, 2015 are approximately 45% equity investments, 20% fixed income investments and 35% other investments. At both December 31, 2015 and December 31, 2014 , the defined benefit pension plans’ assets did not include any securities issued by Time Warner. Expected cash flows After considering the funded status of the Company’s defined benefit pension plans, movements in the discount rate, investment performance and related tax consequences, the Company may choose to make contributions to its pension plans in any given year. The Company made discretionary cash contributions totaling approximately $20 million to its funded defined benefit pension plans during the year ended December 31, 2015 . For the Company’s unfunded plans, contributions will continue to be made to the extent benefits are paid. Information about the expected benefit payments for the Company’s defined benefit plans is as follows (millions): 2016 2017 2018 2019 2020 2021-2025 Expected benefit payments $ 177 $ 172 $ 177 $ 178 $ 195 $ 1,014 Defined Contribution Plans Time Warner has certain domestic and international defined contribution plans, including savings and profit sharing plans, for which the expense amounted to $153 million in 2015 , $160 million in 2014 and $153 million in 2013 . The Company’s contributions to the savings plans are primarily based on a percentage of the employees’ elected contributions and are subject to plan provisions. Other Postretirement Benefit Plans Time Warner also sponsors several unfunded domestic postretirement benefit plans covering certain retirees and their dependents. As described above, during 2013, the Company’s Board of Directors approved amendments to the Time Warner Group Health Plan. In connection with these amendments, the Company recognized a curtailment gain of $38 million in 2013. For substantially all of Time Warner’s domestic postretirement benefit plans, the unfunded benefit obligation as of December 31, 2015 and December 31, 2014 was $93 million and $104 million , respectively, and the amount recognized in Accumulated other comprehensive income, net was a gain of $19 million and $17 million , respectively. For the years ended December 31, 2015 , 2014 and 2013 , the net periodic benefit costs/(income) were $2 million , $2 million and $(32) million , respectively. Multiemployer Benefit Plans The Company contributes to various multiemployer defined benefit pension plans under the terms of collective-bargaining agreements that cover certain of its union-represented employees, primarily at the Warner Bros. segment. The risks of participating in these multiemployer pension plans are different from single-employer pension plans in that (i) contributions made by the Company to the multiemployer pension plans may be used to provide benefits to employees of other participating employers; (ii) if the Company chooses to stop participating in certain of these multiemployer pension plans, it may be required to pay those plans an amount based on the underfunded status of the plan, which is referred to as a withdrawal liability; and (iii) actions taken by a participating employer that lead to a deterioration of the financial health of a multiemployer pension plan may result in the unfunded obligations of the multiemployer pension plan to be borne by its remaining participating employers. While no multiemployer pension plan contributed to by the Company is individually significant, the Pension Protection Act of 2006 zone status as of December 31, 2015 (i.e., for the multiemployer pension plan’s 2014 plan year) of all of the largest multiemployer pension plans in which the Company participates was green, which implies that such plans are funded at a level of 80 percent or greater. Total contributions made by the Company to multiemployer pension plans for the years ended December 31, 2015 , 2014 and 2013 were $151 million , $125 million and $113 million , respectively. Included in these amounts are contributions of less than $1 million in each of the years that Home Box Office made to the Radio, Television and Recording Arts Pension Fund (“RT&RA Plan”) under a collective bargaining agreement that expired in October 2015. In February 2016, Home Box Office completed the negotiation of a new collective bargaining agreement under which it will no longer be required to make contributions to the RT&RA Plan. As a result, Home Box Office has withdrawn from the RT&RA Plan and expects to record a charge in the quarter ended March 31, 2016 for its estimated withdrawal liability, which it expects will not be greater than $25 million . The RT&RA Plan was not one of the five largest multiemployer pension plans in which the Company participated during the years ended December 31, 2015 , 2014 and 2013 . The RT&RA Plan’s most recently filed Form 5500 was for its plan year ended December 31, 2014 . Pursuant to that filing, Home Box Office was one of eight employers obligated to contribute to the RT&RA Plan. The RT&RA Plan is operating under a rehabilitation plan, the Pension Protection Act of 2006 zone status for this plan as of December 31, 2014 was red (i.e., critical) and it was less than 65% funded. Based on contributions reported in the most recent Form 5500 for this plan, Home Box Office’s contributions represented greater than 5% of the plan’s total contributions. The Company also contributes to various other multiemployer benefit plans that provide health and welfare benefits to active and retired participants, primarily at the Warner Bros. segment. Total contributions made by the Company to these other multiemployer benefit plans for the years ended December 31, 2015 , 2014 and 2013 were $231 million , $213 million and $193 million , respectively.

Restructuring and Severance Cos

Restructuring and Severance Costs	12 Months Ended
	Dec. 31, 2015
Restructuring and Related Activities [Abstract]
RESTRUCTURING AND SEVERANCE COSTS	RESTRUCTURING AND SEVERANCE COSTS The Company’s Restructuring and severance costs primarily related to employee termination costs, ranging from senior executives to line personnel, and other exit costs, including lease terminations and real estate consolidations. Restructuring and severance costs expensed as incurred for the years ended December 31, 2015 , 2014 and 2013 are as follows (millions): Year Ended December 31, 2015 2014 2013 Turner $ 58 $ 249 $ 93 Home Box Office — 63 39 Warner Bros. 1 169 49 Corporate 1 31 2 Total restructuring and severance costs $ 60 $ 512 $ 183 Year Ended December 31, 2015 2014 2013 2015 initiatives $ 76 $ — $ — 2014 initiatives (15 ) 506 — 2013 and prior initiatives (1 ) 6 183 Total restructuring and severance costs $ 60 $ 512 $ 183 For the year ended December 31, 2015 , the Company incurred costs in connection with the 2015 initiatives of $58 million at the Turner segment, $15 million at the Home Box Office segment and $3 million at Corporate. In addition, in connection with the 2014 initiatives, the Company incurred costs of $2 million at the Warner Bros. segment, and reversed $15 million at the Home Box Office segment and $2 million at Corporate. For the year ended December 31, 2015 , the Company also reversed $1 million at the Warner Bros. segment related to 2013 and prior initiatives. The amount recorded by the Company in 2015 for both the 2014 initiatives and the 2013 and prior initiatives consisted of changes to estimates of previously established accruals as well as new charges related to those initiatives. For the year ended December 31, 2014 , the Company incurred costs in connection with the 2014 initiatives of $246 million at the Turner segment, $64 million at the Home Box Office segment, $165 million at the Warner Bros. segment and $31 million at Corporate. In addition, in connection with the 2013 and prior initiatives, the Company incurred costs of $3 million at the Turner segment and $4 million at the Warner Bros. segment and reversed $1 million at the Home Box Office segment. Selected Information Selected information relating to accrued restructuring and severance costs is as follows (millions): Employee Terminations Other Exit Costs Total Remaining liability as of December 31, 2012 $ 93 $ 6 $ 99 Net accruals 174 9 183 Noncash reductions (a) (1 ) — (1 ) Cash paid (86 ) (9 ) (95 ) Remaining liability as of December 31, 2013 180 6 186 Net accruals 499 13 512 Noncash reductions (a) (3 ) — (3 ) Cash paid (151 ) (10 ) (161 ) Remaining liability as of December 31, 2014 525 9 534 Net accruals 43 17 60 Foreign currency translation adjustment (3 ) — (3 ) Noncash reductions (a) (1 ) — (1 ) Cash paid (325 ) (12 ) (337 ) Remaining liability as of December 31, 2015 $ 239 $ 14 $ 253 _________________________ (a) Noncash reductions relate to the settlement of certain employee-related liabilities with equity instruments. As of December 31, 2015 , of the remaining $253 million liability, $213 million was classified as a current liability in the Consolidated Balance Sheet, with the remaining $40 million classified as a long-term liability. Amounts classified as long-term are expected to be paid through 2019.

Segment Information

Segment Information	12 Months Ended
	Dec. 31, 2015
Segment Reporting [Abstract]
SEGMENT INFORMATION	SEGMENT INFORMATION Time Warner classifies its operations into three reportable segments: Turner : consisting principally of cable networks and digital media properties; Home Box Office : consisting principally of premium pay television and streaming services domestically and premium pay, basic tier television and streaming services internationally; and Warner Bros. : consisting principally of television, feature film, home video and videogame production and distribution. Time Warner’s reportable segments have been determined in accordance with its internal management structure and the financial information that is evaluated regularly by the Company’s chief operating decision maker. In the ordinary course of business, Time Warner’s reportable segments enter into transactions with one another. The most common types of intersegment transactions include the Warner Bros. segment generating revenues by licensing television and theatrical programming to the Turner and Home Box Office segments. While intersegment transactions are treated like third-party transactions to determine segment performance, the revenues (and corresponding expenses or assets recognized by the segment that is the counterparty to the transaction) are eliminated in consolidation and, therefore, do not affect consolidated results. Information as to the Revenues, intersegment revenues, depreciation of property, plant, and equipment, Amortization of intangible assets, Operating Income (Loss), Assets and Capital expenditures for each of Time Warner’s reportable segments is set forth below (millions): Year Ended December 31, 2015 2014 2013 Revenues Turner $ 10,596 $ 10,396 $ 9,983 Home Box Office 5,615 5,398 4,890 Warner Bros. 12,992 12,526 12,312 Intersegment eliminations (1,085 ) (961 ) (724 ) Total revenues $ 28,118 $ 27,359 $ 26,461 Year Ended December 31, 2015 2014 2013 Intersegment Revenues Turner $ 105 $ 101 $ 85 Home Box Office 40 36 14 Warner Bros. 940 824 625 Total intersegment revenues $ 1,085 $ 961 $ 724 Year Ended December 31, 2015 2014 2013 Supplemental Revenue Data Subscription $ 10,153 $ 9,945 $ 9,250 Advertising 4,569 4,502 4,530 Content 12,771 12,350 12,154 Other 625 562 527 Total revenues $ 28,118 $ 27,359 $ 26,461 Year Ended December 31, 2015 2014 2013 Depreciation of Property, Plant and Equipment Turner $ (193 ) $ (209 ) $ (231 ) Home Box Office (81 ) (77 ) (91 ) Warner Bros. (197 ) (218 ) (200 ) Corporate (21 ) (27 ) (28 ) Total depreciation of property, plant and equipment $ (492 ) $ (531 ) $ (550 ) Year Ended December 31, 2015 2014 2013 Amortization of Intangible Assets Turner (16 ) (16 ) (21 ) Home Box Office (14 ) (14 ) (9 ) Warner Bros. (159 ) (172 ) (179 ) Total amortization of intangible assets $ (189 ) $ (202 ) $ (209 ) Year Ended December 31, 2015 2014 2013 Operating Income (Loss) Turner $ 4,087 $ 2,954 $ 3,486 Home Box Office 1,878 1,786 1,791 Warner Bros. 1,416 1,159 1,324 Corporate (367 ) (73 ) (394 ) Intersegment eliminations (149 ) 149 61 Total operating income $ 6,865 $ 5,975 $ 6,268 December 31, 2015 2014 Assets Turner $ 25,559 $ 25,271 Home Box Office 14,314 13,869 Warner Bros. 20,699 20,559 Corporate 3,276 3,447 Total assets $ 63,848 $ 63,146 Year Ended December 31, 2015 2014 2013 Capital Expenditures Turner $ 157 $ 173 $ 210 Home Box Office 68 58 45 Warner Bros. 122 206 236 Corporate 76 37 77 Total capital expenditures $ 423 $ 474 $ 568 Long-lived hard assets located outside the United States, which represent approximately 1% of total assets at December 31, 2015 , are not material. Revenues in different geographical areas are as follows (millions): Year Ended December 31, 2015 2014 2013 Revenues (a) United States and Canada $ 20,426 $ 19,102 $ 18,642 Europe (b) 4,485 4,684 4,494 Asia/Pacific Rim 1,619 1,711 1,629 Latin America 1,284 1,575 1,475 All Other 304 287 221 Total revenues $ 28,118 $ 27,359 $ 26,461 _________________________ (a) Revenues are attributed to region based on location of customer. (b) Revenues in EuroZone countries comprise approximately 49% , 48% and 48% of Revenues in Europe for the years ended 2015 , 2014 and 2013 , respectively.

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 31, 2015
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	COMMITMENTS AND CONTINGENCIES Commitments Time Warner has commitments under certain network programming, film licensing, creative talent, employment and other agreements aggregating $32.040 billion at December 31, 2015 . The Company also has commitments for office space, studio facilities and operating equipment. Time Warner’s net rent expense was $333 million in 2015 , $358 million in 2014 and $316 million in 2013 . Included in such amounts was sublease income of $15 million for 2015 , $33 million for 2014 and $41 million for 2013 . The commitments under certain programming, film licensing, talent and other agreements (“Programming and Other”) and minimum rental commitments under noncancelable long-term operating leases (“Operating Leases”) payable during the next five years and thereafter are as follows (millions): Programming and Other Operating Leases 2016 $ 5,381 $ 314 2017 4,364 300 2018 3,728 275 2019 3,386 135 2020 3,262 82 Thereafter 11,919 154 Total $ 32,040 $ 1,260 Additionally, as of December 31, 2015 , the Company has future sublease income arrangements of $19 million , which are not included in Operating Leases in the table above. Contingent Commitments The Company also has certain contractual arrangements that would require it to make payments or provide funding if certain circumstances occur (“contingent commitments”). Contingent commitments principally include amounts to be paid in connection with acquisitions, dispositions and post-production term advance obligations on certain co-financing arrangements. The following table summarizes the Company’s contingent commitments at December 31, 2015 . For post-production term advances where payment obligations are outside the Company’s control, the timing of amounts presented in the table represents the earliest period in which the payment could be requested. For other contingent commitments, the timing of amounts presented in the table represents when the maximum contingent commitment will expire, but does not mean that the Company expects to incur an obligation to make any payments within that time period. In addition, amounts presented do not reflect the effects of any indemnification rights the Company might possess (millions). Nature of Contingent Commitments Total 2016 2017-2018 2019-2020 Thereafter Guarantees $ 1,650 $ 133 $ 458 $ 359 $ 700 Letters of credit and other contingent commitments 788 250 8 — 530 Total contingent commitments $ 2,438 $ 383 $ 466 $ 359 $ 1,230 The following is a description of the Company’s contingent commitments at December 31, 2015 : • Guarantees consist of guarantees the Company has provided on certain operating commitments entered into by an entity formerly owned by the Company, as well as the Six Flags arrangement described below, and a guarantee of certain debt issued by CME, an equity method investee. Six Flags In connection with the Company’s former investment in the Six Flags theme parks located in Georgia and Texas (collectively, the “Parks”), in 1997, certain subsidiaries of the Company (including Historic TW and, in connection with the separation of Time Warner Cable Inc. in 2009, Warner Bros. Entertainment Inc.) agreed to guarantee (the “Six Flags Guarantee”) certain obligations of the partnerships that hold the Parks (the “Partnerships”) for the benefit of the limited partners in such Partnerships, including: annual payments made at the Parks or to the limited partners and additional obligations at the end of the respective terms for the Partnerships in 2027 and 2028 (the “Guaranteed Obligations”). The aggregate undiscounted estimated future cash flow requirements covered by the Six Flags Guarantee over the remaining term (through 2028) are $905 million (for a net present value of $421 million ). To date, no payments have been made by the Company pursuant to the Six Flags Guarantee. Six Flags Entertainment Corporation (formerly known as Six Flags, Inc. and Premier Parks Inc.) (“Six Flags”), which has the controlling interest in the Parks, has agreed, pursuant to a subordinated indemnity agreement (the “Subordinated Indemnity Agreement”), to guarantee the performance of the Guaranteed Obligations when due and to indemnify Historic TW, among others, if the Six Flags Guarantee is called upon. If Six Flags defaults in its indemnification obligations, Historic TW has the right to acquire control of the managing partner of the Parks. Six Flags’ obligations to Historic TW are further secured by its interest in all limited partnership units held by Six Flags. Because the Six Flags Guarantee existed prior to December 31, 2002 and no modifications to the arrangements have been made since the date the guarantee came into existence, the Company is required to continue to account for the Guaranteed Obligations as a contingent liability. Based on its evaluation of the current facts and circumstances surrounding the Guaranteed Obligations and the Subordinated Indemnity Agreement, the Company is unable to predict the loss, if any, that may be incurred under the Guaranteed Obligations, and no liability for the arrangements has been recognized at December 31, 2015 . Because of the specific circumstances surrounding the arrangements and the fact that no active or observable market exists for this type of financial guarantee, the Company is unable to determine a current fair value for the Guaranteed Obligations and related Subordinated Indemnity Agreement. • Other contingent commitments primarily include contingent payments for post-production term advance obligations on certain co-financing arrangements, as well as letters of credit, bank guarantees and surety bonds, which generally support performance and payments for a wide range of global contingent and firm obligations, including insurance, litigation appeals, real estate leases and other operational needs. Programming Licensing Backlog Programming licensing backlog represents the amount of future revenues not yet recorded from cash contracts for the licensing of theatrical and television product for pay cable, basic cable, network and syndicated television and SVOD exhibition. Because backlog generally relates to contracts for the licensing of theatrical and television product that have already been produced, the recognition of revenue for such completed product is principally dependent on the commencement of the availability period for telecast under the terms of the related licensing agreement. Cash licensing fees are collected periodically over the term of the related licensing agreements. Backlog was approximately $6.3 billion and $6.5 billion at December 31, 2015 and 2014 , respectively. Included in these amounts is licensing of film product from the Warner Bros. segment to the Home Box Office segment in the amount of $737 million and $788 million at December 31, 2015 and 2014 , respectively, and to the Turner segment in the amount of $619 million and $700 million at December 31, 2015 and 2014 , respectively. Certain filmed entertainment licensing contracts provide for additional revenues to be earned, and cash collected, based on the delivery of advertising spots to third parties. Backlog excludes estimates of such amounts. Contingencies In the ordinary course of business, the Company and its subsidiaries are defendants in or parties to various legal claims, actions and proceedings. These claims, actions and proceedings are at varying stages of investigation, arbitration or adjudication, and involve a variety of areas of law. On April 4, 2007, the National Labor Relations Board (“NLRB”) issued a complaint against CNN America Inc. (“CNN America”) and Team Video Services, LLC (“Team Video”) related to CNN America’s December 2003 and January 2004 terminations of its contractual relationships with Team Video, under which Team Video had provided electronic news gathering services in Washington, DC and New York, NY. The National Association of Broadcast Employees and Technicians, under which Team Video’s employees were unionized, initially filed charges of unfair labor practices with the NLRB in February 2004, alleging that CNN America and Team Video were joint employers, that CNN America was a successor employer to Team Video, and/or that CNN America discriminated in its hiring practices to avoid becoming a successor employer or due to specific individuals’ union affiliation or activities. In the complaint, the NLRB sought, among other things, the reinstatement of certain union members and monetary damages. On November 19, 2008, the presiding NLRB Administrative Law Judge (“ALJ”) issued a non-binding recommended decision and order finding CNN America liable. On September 15, 2014, a three-member panel of the NLRB affirmed the ALJ’s decision and adopted the ALJ’s order with certain modifications. On November 12, 2014, both CNN America and the NLRB General Counsel filed motions with the NLRB for reconsideration of the panel’s decision. On March 20, 2015, the NLRB granted the NLRB General Counsel’s motion for reconsideration to correct certain inadvertent errors in the panel’s decision, and it denied CNN America’s motion for reconsideration. On July 9, 2015, CNN America filed a notice of appeal with the U.S. Court of Appeals for the D.C. Circuit regarding the panel’s decision and the denial of CNN America’s motion for reconsideration. In April 2013, the Internal Revenue Service (the “IRS”) Appeals Division issued a notice of deficiency to the Company relating to the appropriate tax characterization of stock warrants received from Google Inc. in 2002. On May 6, 2013, the Company filed a petition with the United States Tax Court seeking a redetermination of the deficiency set forth in the notice. The Company’s petition asserted that the IRS erred in determining that the stock warrants were taxable upon exercise (in 2004) rather than at the date of grant based on, among other things, a misapplication of Section 83 of the Internal Revenue Code. In December 2014, the Company reached a preliminary agreement with the IRS, subject to agreement regarding certain necessary computations and the preparation and execution of definitive documentation. In February 2016, the parties reached a final agreement to resolve the issues raised in the notice of deficiency. The Company establishes an accrued liability for legal claims when the Company determines that a loss is both probable and the amount of the loss can be reasonably estimated. Once established, accruals are adjusted from time to time, as appropriate, in light of additional information. The amount of any loss ultimately incurred in relation to matters for which an accrual has been established may be higher or lower than the amounts accrued for such matters. For matters disclosed above for which a loss is probable or reasonably possible, the Company has estimated a range of possible loss. The Company believes the estimate of the aggregate range of possible loss for such matters in excess of accrued liabilities is between $0 and $130 million at December 31, 2015 . The estimated aggregate range of possible loss is subject to significant judgment and a variety of assumptions. The matters represented in the estimated aggregate range of possible loss will change from time to time and actual results may vary significantly from the current estimate. In view of the inherent difficulty of predicting the outcome of litigation and claims, the Company often cannot predict what the eventual outcome of the pending matters will be, what the timing of the ultimate resolution of these matters will be, or what the eventual loss, fines or penalties related to each pending matter may be. An adverse outcome in one or more of these matters could be material to the Company’s results of operations or cash flows for any particular reporting period.

Related Party Transactions

Related Party Transactions	12 Months Ended
	Dec. 31, 2015
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	RELATED PARTY TRANSACTIONS The Company has entered into certain transactions in the ordinary course of business with unconsolidated investees accounted for under the equity method of accounting. The transactions that generate revenue and expenses primarily relate to the licensing by the Warner Bros. segment of television programming to The CW broadcast network and certain international networks, including networks owned by CME. Transactions that generate interest income and other, net relate to financing transactions with CME. Receivables due from related parties were $110 million and $166 million at December 31, 2015 and 2014 , respectively. Payables due to related parties were immaterial at December 31, 2015 and 2014 , respectively. Amounts included in the consolidated financial statements resulting from transactions with related parties consist of (millions): Year Ended December 31, 2015 2014 2013 Revenues $ 390 $ 404 $ 464 Expenses (5 ) (8 ) (35 ) Interest income 126 62 — Other income, net 17 16 8

Additional Financial Informatio

Additional Financial Information	12 Months Ended
	Dec. 31, 2015
Disclosure Text Block Supplement [Abstract]
ADDITIONAL FINANCIAL INFORMATION	ADDITIONAL FINANCIAL INFORMATION Additional financial information with respect to cash payments and receipts, Interest expense, net, Other loss, net, Accounts payable and accrued liabilities and Other noncurrent liabilities is as follows (millions): Year Ended December 31, 2015 2014 2013 Cash Flows Cash payments made for interest $ (1,262 ) $ (1,274 ) $ (1,202 ) Interest income received 35 50 44 Cash interest payments, net $ (1,227 ) $ (1,224 ) $ (1,158 ) Cash payments made for income taxes $ (1,135 ) $ (1,602 ) $ (1,174 ) Income tax refunds received 142 108 87 TWC tax sharing payments (a) (4 ) — — Cash tax payments, net $ (997 ) $ (1,494 ) $ (1,087 ) _________________________ (a) Represents net amounts paid to TWC in accordance with a tax sharing agreement with TWC. Year Ended December 31, 2015 2014 2013 Interest Expense, Net Interest income $ 219 $ 184 $ 92 Interest expense (1,382 ) (1,353 ) (1,281 ) Total interest expense, net $ (1,163 ) $ (1,169 ) $ (1,189 ) Year Ended December 31, 2015 2014 2013 Other Loss, Net Investment gains (losses), net $ (31 ) $ 30 $ 61 Loss on equity method investees (123 ) (153 ) (150 ) Premiums paid and costs incurred on debt redemption (72 ) — — Other (30 ) (4 ) (22 ) Total other loss, net $ (256 ) $ (127 ) $ (111 ) December 31, 2015 2014 Accounts Payable and Accrued Liabilities Accounts payable $ 653 $ 574 Accrued expenses 1,946 2,173 Participations payable 2,422 2,551 Programming costs payable 712 722 Accrued compensation 957 1,034 Accrued interest 341 303 Accrued income taxes 157 150 Total accounts payable and accrued liabilities $ 7,188 $ 7,507 December 31, 2015 2014 Other Noncurrent Liabilities Noncurrent tax and interest reserves $ 1,535 $ 1,520 Participations payable 1,512 1,076 Programming costs payable 816 959 Noncurrent pension and post-retirement liabilities 908 928 Deferred compensation 471 531 Other noncurrent liabilities 556 670 Total other noncurrent liabilities $ 5,798 $ 5,684

Supplementary Information - Con

Supplementary Information - Condensed Consolidating Financial Statements	12 Months Ended
	Dec. 31, 2015
Condensed Financial Information of Parent Company Only Disclosure [Abstract]
SUPPLEMENTARY INFORMATION - CONDENSED CONSOLIDATING FINANCIAL STATEMENTS	Overview Set forth below are condensed consolidating financial statements presenting the financial position, results of operations and cash flows of (i) Time Warner Inc. (the “Parent Company”), (ii) Historic TW Inc. (in its own capacity and as successor by merger to Time Warner Companies, Inc.), Home Box Office, Inc., and Turner Broadcasting System, Inc., each a wholly owned subsidiary of the Parent Company (collectively, the “Guarantor Subsidiaries”), on a combined basis, (iii) the direct and indirect non-guarantor subsidiaries of the Parent Company (the “Non-Guarantor Subsidiaries”), on a combined basis, and (iv) the eliminations necessary to arrive at the information for Time Warner Inc. on a consolidated basis. The Guarantor Subsidiaries fully and unconditionally, jointly and severally guarantee securities issued under certain of the Company’s indentures on an unsecured basis. There are no legal or regulatory restrictions on the Parent Company’s ability to obtain funds from any of its wholly owned subsidiaries through dividends, loans or advances. Basis of Presentation In presenting the condensed consolidating financial statements, the equity method of accounting has been applied to (i) the Parent Company’s interests in the Guarantor Subsidiaries and (ii) the Guarantor Subsidiaries’ interests in the Non-Guarantor Subsidiaries, where applicable, even though all such subsidiaries meet the requirements to be consolidated under U.S. generally accepted accounting principles. All intercompany balances and transactions between the Parent Company, the Guarantor Subsidiaries and the Non-Guarantor Subsidiaries have been eliminated, as shown in the column “Eliminations.” The Parent Company’s accounting bases in all subsidiaries, including goodwill and identified intangible assets, have been “pushed down” to the applicable subsidiaries. Corporate overhead expenses have been reflected as expenses of the Parent Company and have not been allocated to the Guarantor Subsidiaries or the Non-Guarantor Subsidiaries. Interest income (expense) is determined based on outstanding debt and the relevant intercompany amounts at the respective subsidiary. All direct and indirect domestic subsidiaries are included in Time Warner Inc.’s consolidated U.S. tax return. In the condensed consolidating financial statements, tax (provision) benefit has been allocated based on each such subsidiary’s relative pretax income to the consolidated pretax income. With respect to the use of certain consolidated tax attributes (principally operating and capital loss carryforwards), such benefits have been allocated to the respective subsidiary that generated the taxable income permitting such use (i.e., pro-rata based on where the income was generated). For example, to the extent a Non-Guarantor Subsidiary generated a gain on the sale of a business for which the Parent Company utilized tax attributes to offset such gain, the tax attribute benefit would be allocated to that Non-Guarantor Subsidiary. Deferred taxes of the Parent Company, the Guarantor Subsidiaries and the Non-Guarantor Subsidiaries have been determined based on the temporary differences between the book and tax basis of the respective assets and liabilities of the applicable entities. Certain transfers of cash between subsidiaries and their parent companies and intercompany dividends are reflected as cash flows from investing and financing activities in the accompanying Condensed Consolidating Statements of Cash Flows. All other intercompany activity is reflected in cash flows from operations. Management believes that the allocations and adjustments noted above are reasonable. However, such allocations and adjustments may not be indicative of the actual amounts that would have been incurred had the Parent Company, Guarantor Subsidiaries and Non-Guarantor Subsidiaries operated independently. Consolidating Balance Sheet December 31, 2015 (millions) . Parent Company Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Time Warner Consolidated ASSETS Current assets Cash and equivalents $ 976 $ 288 $ 891 $ — $ 2,155 Receivables, net 100 983 6,340 (12 ) 7,411 Inventories — 496 1,263 (6 ) 1,753 Deferred income taxes — — — — — Prepaid expenses and other current assets 494 94 606 — 1,194 Total current assets 1,570 1,861 9,100 (18 ) 12,513 Noncurrent inventories and theatrical film and television production costs — 1,807 5,891 (98 ) 7,600 Investments in amounts due to and from consolidated subsidiaries 46,025 11,146 12,538 (69,709 ) — Investments, including available-for-sale securities 281 389 1,951 (4 ) 2,617 Property, plant and equipment, net 93 372 2,131 — 2,596 Intangible assets subject to amortization, net — — 949 — 949 Intangible assets not subject to amortization — 2,007 5,022 — 7,029 Goodwill — 9,880 17,809 — 27,689 Other assets 406 306 2,396 (253 ) 2,855 Total assets $ 48,375 $ 27,768 $ 57,787 $ (70,082 ) $ 63,848 LIABILITIES AND EQUITY Current liabilities Accounts payable and accrued liabilities $ 752 $ 982 $ 5,553 $ (99 ) $ 7,188 Deferred revenue — 89 587 (60 ) 616 Debt due within one year 34 159 5 — 198 Total current liabilities 786 1,230 6,145 (159 ) 8,002 Long-term debt 19,719 3,866 9 — 23,594 Deferred income taxes 2,454 2,786 2,069 (4,855 ) 2,454 Deferred revenue — — 358 (6 ) 352 Other noncurrent liabilities 1,797 1,731 3,390 (1,120 ) 5,798 Redeemable noncontrolling interest — — 29 — 29 Equity Due to (from) Time Warner Inc. and subsidiaries — (48,141 ) 3,779 44,362 — Other shareholders’ equity 23,619 66,296 42,008 (108,304 ) 23,619 Total equity 23,619 18,155 45,787 (63,942 ) 23,619 Total liabilities and equity $ 48,375 $ 27,768 $ 57,787 $ (70,082 ) $ 63,848 Consolidating Balance Sheet December 31, 2014 (millions) Parent Company Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Time Warner Consolidated ASSETS Current assets Cash and equivalents $ 1,623 $ 290 $ 705 $ — $ 2,618 Receivables, net 93 996 6,638 (7 ) 7,720 Inventories — 453 1,247 — 1,700 Deferred income taxes 184 42 7 (49 ) 184 Prepaid expenses and other current assets 360 120 478 — 958 Total current assets 2,260 1,901 9,075 (56 ) 13,180 Noncurrent inventories and theatrical film and television production costs — 1,744 5,182 (85 ) 6,841 Investments in amounts due to and from consolidated subsidiaries 44,407 11,333 12,369 (68,109 ) — Investments, including available-for-sale securities 186 417 1,723 — 2,326 Property, plant and equipment, net 73 377 2,205 — 2,655 Intangible assets subject to amortization, net — — 1,141 — 1,141 Intangible assets not subject to amortization — 2,007 5,025 — 7,032 Goodwill — 9,880 17,685 — 27,565 Other assets 327 145 1,934 — 2,406 Total assets $ 47,253 $ 27,804 $ 56,339 $ (68,250 ) $ 63,146 LIABILITIES AND EQUITY Current liabilities Accounts payable and accrued liabilities $ 744 $ 953 $ 5,990 $ (180 ) $ 7,507 Deferred revenue — 57 549 (27 ) 579 Debt due within one year 1,100 9 9 — 1,118 Total current liabilities 1,844 1,019 6,548 (207 ) 9,204 Long-term debt 17,006 3,995 262 — 21,263 Deferred income taxes 2,204 2,443 1,840 (4,283 ) 2,204 Deferred revenue — 17 322 (24 ) 315 Other noncurrent liabilities 1,723 1,844 3,179 (1,062 ) 5,684 Equity Due to (from) Time Warner Inc. and subsidiaries — (43,026 ) 6,668 36,358 — Other shareholders’ equity 24,476 61,512 37,520 (99,032 ) 24,476 Total equity 24,476 18,486 44,188 (62,674 ) 24,476 Total liabilities and equity $ 47,253 $ 27,804 $ 56,339 $ (68,250 ) $ 63,146 Consolidating Statement of Operations For The Year Ended December 31, 2015 (millions) Parent Company Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Time Warner Consolidated Revenues $ — $ 7,188 $ 21,805 $ (875 ) $ 28,118 Costs of revenues — (3,488 ) (13,309 ) 643 (16,154 ) Selling, general and administrative (321 ) (1,100 ) (3,626 ) 223 (4,824 ) Amortization of intangible assets — — (189 ) — (189 ) Restructuring and severance costs (4 ) (40 ) (16 ) — (60 ) Asset impairments (15 ) (1 ) (9 ) — (25 ) Gain (loss) on operating assets, net — 2 (3 ) — (1 ) Operating income (340 ) 2,561 4,653 (9 ) 6,865 Equity in pretax income (loss) of consolidated subsidiaries 6,894 4,687 1,912 (13,493 ) — Interest expense, net (990 ) (312 ) 132 7 (1,163 ) Other loss, net (118 ) 20 (156 ) (2 ) (256 ) Income from continuing operations before income taxes 5,446 6,956 6,541 (13,497 ) 5,446 Income tax provision (1,651 ) (2,121 ) (2,046 ) 4,167 (1,651 ) Income from continuing operations 3,795 4,835 4,495 (9,330 ) 3,795 Discontinued operations, net of tax 37 37 37 (74 ) 37 Net income 3,832 4,872 4,532 (9,404 ) 3,832 Less Net loss attributable to noncontrolling interests 1 1 1 (2 ) 1 Net income attributable to Time Warner Inc. shareholders $ 3,833 $ 4,873 $ 4,533 $ (9,406 ) $ 3,833 Comprehensive income 3,550 4,685 4,251 (8,936 ) 3,550 Less Comprehensive loss attributable to noncontrolling interests 1 1 1 (2 ) 1 Comprehensive income attributable to Time Warner Inc. shareholders $ 3,551 $ 4,686 $ 4,252 $ (8,938 ) $ 3,551 Consolidating Statement of Operations For The Year Ended December 31, 2014 (millions) Parent Company Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Time Warner Consolidated Revenues $ — $ 6,820 $ 21,273 $ (734 ) $ 27,359 Costs of revenues — (3,471 ) (13,047 ) 643 (15,875 ) Selling, general and administrative (442 ) (982 ) (3,856 ) 90 (5,190 ) Amortization of intangible assets — — (202 ) — (202 ) Restructuring and severance costs (21 ) (173 ) (318 ) — (512 ) Asset impairments (7 ) (1 ) (61 ) — (69 ) Gain (loss) on operating assets, net — — 464 — 464 Operating income (470 ) 2,193 4,253 (1 ) 5,975 Equity in pretax income (loss) of consolidated subsidiaries 6,131 3,831 1,759 (11,721 ) — Interest expense, net (961 ) (274 ) 57 9 (1,169 ) Other loss, net (21 ) 15 (119 ) (2 ) (127 ) Income from continuing operations before income taxes 4,679 5,765 5,950 (11,715 ) 4,679 Income tax provision (785 ) (1,793 ) (1,736 ) 3,529 (785 ) Income from continuing operations 3,894 3,972 4,214 (8,186 ) 3,894 Discontinued operations, net of tax (67 ) (42 ) (61 ) 103 (67 ) Net income attributable to Time Warner Inc. shareholders $ 3,827 $ 3,930 $ 4,153 $ (8,083 ) $ 3,827 Comprehensive income $ 3,411 $ 3,612 $ 3,890 $ (7,502 ) $ 3,411 Consolidating Statement of Operations For The Year Ended December 31, 2013 (millions) Parent Company Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Time Warner Consolidated Revenues $ — $ 6,380 $ 20,632 $ (551 ) $ 26,461 Costs of revenues — (3,032 ) (12,344 ) 441 (14,935 ) Selling, general and administrative (406 ) (956 ) (3,676 ) 104 (4,934 ) Amortization of intangible assets — — (209 ) — (209 ) Restructuring and severance costs (5 ) (67 ) (111 ) — (183 ) Asset impairments (7 ) — (54 ) — (61 ) Gain (loss) on operating assets, net 8 — 121 — 129 Operating income (410 ) 2,325 4,359 (6 ) 6,268 Equity in pretax income (loss) of consolidated subsidiaries 6,319 4,428 1,664 (12,411 ) — Interest expense, net (885 ) (325 ) 11 10 (1,189 ) Other loss, net (56 ) 1 (57 ) 1 (111 ) Income from continuing operations before income taxes 4,968 6,429 5,977 (12,406 ) 4,968 Income tax provision (1,614 ) (2,095 ) (2,026 ) 4,121 (1,614 ) Income from continuing operations 3,354 4,334 3,951 (8,285 ) 3,354 Discontinued operations, net of tax 337 333 334 (667 ) 337 Net income attributable to Time Warner Inc. shareholders $ 3,691 $ 4,667 $ 4,285 $ (8,952 ) $ 3,691 Comprehensive income 3,828 4,774 4,231 (9,005 ) 3,828 Consolidating Statement of Cash Flows For The Year Ended December 31, 2015 (millions) Parent Company Guarantor Subsidiaries Non- Guarantor Subsidiaries Eliminations Time Warner Consolidated OPERATIONS Net income $ 3,832 $ 4,872 $ 4,532 $ (9,404 ) $ 3,832 Less Discontinued operations, net of tax (37 ) (37 ) (37 ) 74 (37 ) Net income from continuing operations 3,795 4,835 4,495 (9,330 ) 3,795 Adjustments for noncash and nonoperating items: Depreciation and amortization 12 111 558 — 681 Amortization of film and television costs — 2,779 5,280 (29 ) 8,030 Asset impairments 15 1 9 — 25 Gain on investments and other assets, net (3 ) (20 ) (9 ) — (32 ) Excess (deficiency) of distributions over equity in pretax income of consolidated subsidiaries, net of cash distributions (6,894 ) (4,687 ) (1,912 ) 13,493 — Equity in losses of investee companies, net of cash distributions (2 ) — 158 5 161 Equity-based compensation 35 65 82 — 182 Deferred income taxes 328 330 143 (473 ) 328 Changes in operating assets and liabilities, net of acquisitions 231 (1,111 ) (4,775 ) (3,664 ) (9,319 ) Intercompany — 2,335 (2,335 ) — — Cash provided by operations from continuing operations (2,483 ) 4,638 1,694 2 3,851 INVESTING ACTIVITIES Investments in available-for-sale securities (22 ) — (19 ) — (41 ) Investments and acquisitions, net of cash acquired (43 ) (3 ) (626 ) — (672 ) Capital expenditures (47 ) (78 ) (298 ) — (423 ) Investment proceeds from available-for-sale securities 2 — — — 2 Advances to (from) parent and consolidated subsidiaries 4,788 515 (1 ) (5,302 ) — Other investment proceeds 41 73 27 — 141 Cash provided (used) by investing activities from continuing operations 4,719 507 (917 ) (5,302 ) (993 ) FINANCING ACTIVITIES Borrowings 3,755 — 13 — 3,768 Debt repayments (2,100 ) — (244 ) — (2,344 ) Proceeds from exercise of stock options 165 — — — 165 Excess tax benefit from equity instruments 151 — — — 151 Principal payments on capital leases — (9 ) (2 ) — (11 ) Repurchases of common stock (3,632 ) — — — (3,632 ) Dividends paid (1,150 ) — — — (1,150 ) Other financing activities (78 ) (22 ) (160 ) — (260 ) Change in due to/from parent and investment in segment — (5,116 ) (184 ) 5,300 — Cash used by financing activities from continuing operations (2,889 ) (5,147 ) (577 ) 5,300 (3,313 ) Cash provided (used) by continuing operations (653 ) (2 ) 200 — (455 ) Cash provided (used) by operations from discontinued operations 6 — (14 ) — (8 ) Cash provided (used) by discontinued operations 6 — (14 ) — (8 ) INCREASE (DECREASE) IN CASH AND EQUIVALENTS (647 ) (2 ) 186 — (463 ) CASH AND EQUIVALENTS AT BEGINNING OF PERIOD 1,623 290 705 — 2,618 CASH AND EQUIVALENTS AT END OF PERIOD $ 976 $ 288 $ 891 $ — $ 2,155 Consolidating Statement of Cash Flows For The Year Ended December 31, 2014 (millions) Parent Company Guarantor Subsidiaries Non- Guarantor Subsidiaries Eliminations Time Warner OPERATIONS Net income $ 3,827 $ 3,930 $ 4,153 $ (8,083 ) $ 3,827 Less Discontinued operations, net of tax 67 42 61 (103 ) 67 Net income from continuing operations 3,894 3,972 4,214 (8,186 ) 3,894 Adjustments for noncash and nonoperating items: Depreciation and amortization 17 116 600 — 733 Amortization of film and television costs — 2,747 5,336 (43 ) 8,040 Asset impairments 7 1 61 — 69 Venezuelan foreign currency loss — — 173 — 173 Gain on investments and other assets, net (14 ) (6 ) (444 ) — (464 ) Excess (deficiency) of distributions over equity in pretax income of consolidated subsidiaries, net of cash distributions (6,131 ) (3,831 ) (1,759 ) 11,721 — Equity in losses of investee companies, net of cash distributions 3 (7 ) 236 — 232 Equity-based compensation 81 63 75 — 219 Deferred income taxes 166 (105 ) (154 ) 259 166 Changes in operating assets and liabilities, net of acquisitions (739 ) (1,016 ) (3,858 ) (3,768 ) (9,381 ) Intercompany — 2,871 (2,871 ) — — Cash provided by operations from continuing operations (2,716 ) 4,805 1,609 (17 ) 3,681 INVESTING ACTIVITIES Investments in available-for-sale securities (5 ) — (25 ) — (30 ) Investments and acquisitions, net of cash acquired (64 ) (2 ) (884 ) — (950 ) Capital expenditures (22 ) (73 ) (379 ) — (474 ) Investment proceeds from available-for-sale securities 13 8 4 — 25 Proceeds from Time Inc. in the Time Separation 590 — 810 — 1,400 Proceeds from the sale of Time Warner Center — — 1,264 — 1,264 Advances to (from) parent and consolidated subsidiaries 6,365 4,464 — (10,829 ) — Other investment proceeds 44 86 35 (17 ) 148 Cash provided (used) by investing activities from continuing operations 6,921 4,483 825 (10,846 ) 1,383 FINANCING ACTIVITIES Borrowings 2,118 — 291 — 2,409 Debt repayments (48 ) — (24 ) — (72 ) Proceeds from exercise of stock options 338 — — — 338 Excess tax benefit from equity instruments 179 — — — 179 Principal payments on capital leases — (10 ) (1 ) — (11 ) Repurchases of common stock (5,504 ) — — — (5,504 ) Dividends paid (1,109 ) — — — (1,109 ) Other financing activities 88 (45 ) (251 ) 35 (173 ) Change in due to/from parent and investment in segment — (9,109 ) (1,719 ) 10,828 — Cash used by financing activities from continuing operations (3,938 ) (9,164 ) (1,704 ) 10,863 (3,943 ) Cash provided (used) by continuing operations 267 124 730 — 1,121 Cash provided (used) by operations from discontinued operations (1 ) — (15 ) — (16 ) Cash used by investing activities from discontinued operations 318 18 (51 ) (336 ) (51 ) Cash used by financing activities from discontinued operations — — (372 ) 336 (36 ) Effect of change in cash and equivalents of discontinued operations — — (87 ) — (87 ) Cash provided (used) by discontinued operations 317 18 (525 ) — (190 ) Effect of Venezuelan exchange rate changes on cash and equivalents — — (129 ) — (129 ) INCREASE (DECREASE) IN CASH AND EQUIVALENTS 584 142 76 — 802 CASH AND EQUIVALENTS AT BEGINNING OF PERIOD 1,039 148 629 — 1,816 CASH AND EQUIVALENTS AT END OF PERIOD $ 1,623 $ 290 $ 705 $ — $ 2,618 Consolidating Statement of Cash Flows For The Year Ended December 31, 2013 (millions) Parent Company Guarantor Subsidiaries Non- Guarantor Subsidiaries Eliminations Time Warner OPERATIONS Net income $ 3,691 $ 4,667 $ 4,285 $ (8,952 ) $ 3,691 Less Discontinued operations, net of tax (337 ) (333 ) (334 ) 667 (337 ) Net income from continuing operations 3,354 4,334 3,951 (8,285 ) 3,354 Adjustments for noncash and nonoperating items: Depreciation and amortization 24 126 609 — 759 Amortization of film and television costs — 2,453 4,846 (37 ) 7,262 Asset impairments 7 — 54 — 61 Gain on investments and other assets, net (3 ) 1 (63 ) — (65 ) Excess (deficiency) of distributions over equity in pretax income of consolidated subsidiaries, net of cash distributions (6,319 ) (4,428 ) (1,664 ) 12,411 — Equity in losses of investee companies, net of cash distributions 2 2 212 — 216 Equity-based compensation 74 58 106 — 238 Deferred income taxes 759 589 320 (909 ) 759 Changes in operating assets and liabilities, net of acquisitions (329 ) (228 ) (5,631 ) (3,138 ) (9,326 ) Intercompany — 1,390 (1,390 ) — — Cash provided by operations from continuing operations (2,431 ) 4,297 1,350 42 3,258 INVESTING ACTIVITIES Investments in available-for-sale securities (4 ) — (23 ) — (27 ) Investments and acquisitions, net of cash acquired (11 ) (1 ) (483 ) — (495 ) Capital expenditures (66 ) (86 ) (416 ) — (568 ) Investment proceeds from available-for-sale securities 8 — 25 — 33 Advances to (from) parent and consolidated subsidiaries 4,433 21 — (4,454 ) — Other investment proceeds 15 157 114 (116 ) 170 Cash provided (used) by investing activities from continuing operations 4,375 91 (783 ) (4,570 ) (887 ) FINANCING ACTIVITIES Borrowings 998 — 30 — 1,028 Debt repayments — (732 ) (30 ) — (762 ) Proceeds from exercise of stock options 674 — — — 674 Excess tax benefit from equity instruments 179 — — — 179 Principal payments on capital leases — (9 ) — — (9 ) Repurchases of common stock (3,708 ) — — — (3,708 ) Dividends paid (1,074 ) — — — (1,074 ) Other financing activities 25 (38 ) (172 ) 74 (111 ) Change in due to/from parent and investment in segment — (4,101 ) (353 ) 4,454 — Cash used by financing activities from continuing operations (2,906 ) (4,880 ) (525 ) 4,528 (3,783 ) Cash provided (used) by continuing operations (962 ) (492 ) 42 — (1,412 ) Cash provided (used) by operations from discontinued operations (2 ) — 458 — 456 Cash used by investing activities from discontinued operations 142 345 (23 ) (487 ) (23 ) Cash used by financing activities from discontinued operations — — (487 ) 487 — Effect of change in cash and equivalents of discontinued operations — — 35 — 35 Cash provided (used) by discontinued operations 140 345 (17 ) — 468 INCREASE (DECREASE) IN CASH AND EQUIVALENTS (822 ) (147 ) 25 — (944 ) CASH AND EQUIVALENTS AT BEGINNING OF PERIOD 1,861 295 604 — 2,760 CASH AND EQUIVALENTS AT END OF PERIOD $ 1,039 $ 148 $ 629 $ — $ 1,816

Schedule II - Valuation and Qua

Schedule II - Valuation and Qualifying Accounts	12 Months Ended
	Dec. 31, 2015
Valuation and Qualifying Accounts [Abstract]
SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS	SCHEDULE II — VALUATION AND QUALIFYING ACCOUNTS Years Ended December 31, 2015 , 2014 and 2013 (millions) Description Balance at Beginning of Period Additions Charged (Credited) to Costs and Expenses Deductions Balance at End of Period 2015 Reserves deducted from accounts receivable: Allowance for doubtful accounts $ 152 $ 63 $ (35 ) $ 180 Reserves for sales returns and allowances 1,000 1,671 (1,796 ) 875 Total $ 1,152 $ 1,734 $ (1,831 ) $ 1,055 2014 Reserves deducted from accounts receivable: Allowance for doubtful accounts $ 191 $ (20 ) $ (19 ) $ 152 Reserves for sales returns and allowances 1,192 1,867 (2,059 ) 1,000 Total $ 1,383 $ 1,847 $ (2,078 ) $ 1,152 2013 Reserves deducted from accounts receivable: Allowance for doubtful accounts $ 209 $ 28 $ (46 ) $ 191 Reserves for sales returns and allowances 1,198 2,066 (2,072 ) 1,192 Total $ 1,407 $ 2,094 $ (2,118 ) $ 1,383

Description of Business, Basi29

Description of Business, Basis of Presentation and Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Consolidation	Basis of Consolidation The consolidated financial statements include all of the assets, liabilities, revenues, expenses and cash flows of entities in which Time Warner has a controlling interest (“subsidiaries”). Intercompany accounts and transactions between consolidated entities have been eliminated in consolidation.
Use of Estimates	Use of Estimates The preparation of financial statements in conformity with U.S. generally accepted accounting principles (“U.S. GAAP”) requires management to make estimates, judgments and assumptions that affect the amounts reported in the consolidated financial statements and footnotes thereto. Actual results could differ from those estimates. Significant estimates and judgments inherent in the preparation of the consolidated financial statements include accounting for asset impairments, multiple-element transactions, allowances for doubtful accounts, depreciation and amortization, the determination of ultimate revenues as it relates to amortization or impairment of capitalized film and programming costs and participations and residuals, home video and videogames product returns, business combinations, pension and other postretirement benefits, equity-based compensation, income taxes, contingencies, litigation matters, reporting revenue for certain transactions on a gross versus net basis, and the determination of whether the Company should consolidate certain entities.
New Accounting Guidance	Accounting Guidance Adopted in 2015 Deferred Income Taxes During the fourth quarter of 2015, the Company early adopted guidance that requires deferred tax assets and liabilities, along with any related valuation allowance, to be classified as noncurrent assets or liabilities, as applicable, on the balance sheet. The adoption of this guidance was on a prospective basis, and, accordingly, prior periods have not been retroactively adjusted. Consolidation During the fourth quarter of 2015, the Company early adopted guidance on a retrospective basis that changes how companies evaluate entities for consolidation. The changes primarily relate to (i) the identification of variable interests related to fees paid to decision makers or service providers, (ii) how companies determine whether limited partnerships or similar entities are variable interest entities, (iii) how related parties and de facto agents are considered in the primary beneficiary determination, and (iv) the elimination of the presumption that a general partner controls a limited partnership. The adoption of this guidance did not have a material effect on the Company’s consolidated financial statements. Accounting for Fees Paid in a Cloud Computing Arrangement During the fourth quarter of 2015, the Company early adopted guidance on a prospective basis that clarifies how fees paid by a customer in a cloud computing arrangement are accounted for. The guidance provides that if a cloud computing arrangement includes a software license, the arrangement should be accounted for in a manner consistent with the acquisition of other software licenses. The guidance also provides that if a cloud computing arrangement does not include a software license, the arrangement should be accounted for as a service contract. The adoption of this guidance did not have a material effect on the Company’s consolidated financial statements. Debt Issuance Costs During the third quarter of 2015, the Company early adopted guidance on a retrospective basis that requires debt issuance costs related to a recognized debt liability to be presented in the balance sheet as a deduction from the carrying amount of such debt. The adoption of the guidance resulted in decreases to long-term debt and other noncurrent assets as of December 31, 2014 of $113 million . Fair Value Measurement During the second quarter of 2015, the Company early adopted guidance that eliminated the requirement to categorize within the fair value hierarchy all investments for which net asset value per share was used as a practical expedient to measure fair value. The adoption of this guidance did not have a material effect on the Company’s consolidated financial statements. Discontinued Operations During the first quarter of 2015, the Company adopted guidance on a prospective basis that changed the requirements for reporting discontinued operations. Under this new guidance, a discontinued operation is (i) a component of an entity or group of components that has been disposed of or is classified as held for sale and represents a strategic shift that has had or will have a major effect on an entity’s operations and financial results or (ii) an acquired business that is classified as held for sale on the acquisition date. This guidance also requires expanded or new disclosures for discontinued operations, individually material disposals that do not meet the definition of a discontinued operation, an entity’s continuing involvement with a discontinued operation following disposal and retained equity method investments in a discontinued operation. The adoption of this guidance did not have a material effect on the Company’s consolidated financial statements. Accounting Guidance Not Yet Adopted Recognition and Measurement of Financial Assets and Liabilities In January 2016, guidance was issued that makes targeted changes to the accounting for financial instruments. The changes primarily relate to (i) the requirement to measure equity investments in unconsolidated subsidiaries, other than those accounted for under the equity method of accounting, at fair value, with changes in the fair value recognized in earnings, (ii) an alternative approach for the measurement of equity investments that do not have a readily determinable fair value, (iii) the elimination of the other-than-temporary impairment model and its replacement with a requirement to perform a qualitative assessment to identify the impairment of equity investments, and a requirement to recognize impairment losses in earnings based on the difference between fair value and the carrying value of the equity investment, (iv) the elimination of the requirement to disclose the methods and significant assumptions used to estimate the fair value of financial instruments measured at amortized cost, (v) the addition of a requirement to use the exit price concept when measuring the fair value of financial instruments for disclosure purposes, and (vi) the addition of a requirement to present financial assets and financial liabilities to be presented separately in the notes to the financial statements, grouped by measurement category (e.g., fair value, amortized cost, lower of cost or market) and form of financial asset (e.g., loans, securities). This guidance will become effective for the Company on January 1, 2018. The Company is evaluating the impact this guidance will have on its consolidated financial statements. Revenue Recognition In May 2014, guidance was issued that establishes a new revenue recognition framework in GAAP for all companies and industries. The core principle of the guidance is that an entity should recognize revenue from the transfer of promised goods or services to customers in an amount that reflects the consideration the entity expects to receive for those goods or services. The guidance includes a five-step framework to determine the timing and amount of revenue to recognize related to contracts with customers. In addition, this guidance requires new or expanded disclosures related to the judgments made by companies when following this framework. Based on the current guidance, the new framework will become effective on either a full or modified retrospective basis for the Company on January 1, 2018. The Company is evaluating the impact the guidance will have on its consolidated financial statements.
Cash And Cash Equivalents	Cash and Equivalents Cash equivalents consist of investments that are readily convertible into cash and have original maturities of three months or less. Cash equivalents are carried at cost, which approximates fair value. The Company monitors concentrations of credit risk with respect to Cash and equivalents by placing such balances with higher quality financial institutions or investing such amounts in liquid, short-term, highly-rated instruments or investment funds holding similar instruments. As of December 31, 2015 , the majority of the Company’s Cash and equivalents were invested with banks with a credit rating of at least A and in Rule 2a-7 money market mutual funds. At December 31, 2015 , the Company did not have more than $500 million invested in any single bank or money market mutual fund.
Allowance for Doubtful Accounts	Allowance for Doubtful Accounts The Company monitors customer credit risk related to accounts receivable, including unbilled trade receivables primarily related to the distribution of television product. Significant judgments and estimates are involved in evaluating if such amounts will ultimately be fully collected. Each of the Company’s businesses maintains a comprehensive approval process prior to issuing credit to third-party customers. Counterparties that are determined to be of a higher risk are evaluated to assess whether the credit terms previously granted to them should be modified. The Company monitors customers’ accounts receivable aging, and a provision for estimated uncollectible amounts is maintained based on customer payment levels, historical experience and management’s views on trends in the overall receivable agings at the Company’s businesses. In addition, for larger accounts, the Company performs analyses of risks on a customer-specific basis. At December 31, 2015 and 2014 , total reserves for doubtful accounts were approximately $180 million and $152 million , respectively. For the year ended December 31, 2015 , the Company recognized $63 million of bad debt expense. For the year ended December 31, 2014 , the Company recognized $20 million of income related to bad debt primarily due to the reversal of a reserve related to a Warner Bros. receivable. For the year ended December 31, 2013 , the Company recognized $28 million of bad debt expense.
Consolidation	Consolidation Time Warner consolidates all entities in which it has a controlling voting interest and all variable interest entities (“VIEs”) in which the Company is deemed to be the primary beneficiary. Entities determined to be VIEs primarily consist of HBO Latin America Group (“HBO LAG”) and Hudson Yards North Tower Holdings LLC (“HYNTH”), the limited liability company involved in the construction and development of the Company’s new headquarters building at Hudson Yards. See Note 4 for additional information.
Investments	Investments Investments in companies in which Time Warner has significant influence, but less than a controlling voting interest, are accounted for using the equity method. Significant influence is generally presumed to exist when Time Warner owns between 20% and 50% of the voting interests in the investee, holds substantial management rights or holds an interest of less than 20% in an investee that is a limited liability partnership or limited liability corporation that is treated as a flow-through entity. Under the equity method of accounting, only Time Warner’s investment in and amounts due to and from the equity investee are included in the Consolidated Balance Sheet; only Time Warner’s share of the investee’s earnings (losses) is included in the Consolidated Statement of Operations; and only the dividends, cash distributions, loans or other cash received from the investee, additional cash investments, loan repayments or other cash paid to the investee are included in the Consolidated Statement of Cash Flows. If previous equity method losses have reduced the carrying value of the Company’s equity method investment to zero, the Company continues to record its share of equity method losses to the extent it has an obligation to advance additional funds or has other investments in the investee. Investments in companies in which Time Warner does not have a controlling voting interest or over which it is unable to exert significant influence are generally accounted for at fair value if the investments are publicly traded. If the investment or security is not publicly traded, the investment is accounted for at cost. Unrealized gains and losses on investments accounted for at fair value are reported, net of tax, in Accumulated other comprehensive loss, net. Dividends and other distributions of earnings from investments in companies in which Time Warner does not have a controlling voting interest or over which it is unable to exert significant influence are included in Other loss, net, when declared. For more information, see Notes 3 and 4. The company regularly reviews its investments for impairment. See “Asset Impairments” below for additional information. Investments The Company’s investments consist of (i) investments carried at fair value, including available-for-sale securities and certain deferred compensation-related investments, (ii) investments accounted for using the cost method of accounting, (iii) investments accounted for using the equity method of accounting and (iv) held-to-maturity debt securities. The Company regularly reviews its investments for impairment, including when the carrying value of an investment exceeds its market value. If the Company determines that an investment has sustained an other-than-temporary decline in its value, the investment is written down to its fair value by a charge to earnings that is included in Other loss, net. Factors that are considered by the Company in determining whether an other-than-temporary decline in value has occurred include (i) the market value of the security in relation to its cost basis, (ii) the financial condition of the investee and (iii) the Company’s intent and ability to retain the investment for a sufficient period of time to allow for recovery in the market value of the investment. In evaluating the factors described above for available-for-sale securities and held-to-maturity debt securities, the Company presumes a decline in value to be other-than-temporary if the quoted market price of the security is 20% or more below the investment’s cost basis for a period of six months or more (the “20% criterion”) or the quoted market price of the security is 50% or more below the security’s cost basis at any quarter end (the “50% criterion”). However, the presumption of an other-than-temporary decline in these instances may be overcome if there is persuasive evidence indicating that the decline is temporary in nature (e.g., the investee’s operating performance is strong, the market price of the investee’s security is historically volatile, etc.). Additionally, there may be instances in which impairment losses are recognized even if the 20% and 50% criteria are not satisfied (e.g., if there is a plan to sell the security in the near term and the fair value is below the Company’s cost basis). For investments accounted for using the cost or equity method of accounting, the Company evaluates information available (e.g., budgets, business plans, financial statements, etc.) in addition to quoted market prices, if any, in determining whether an other-than-temporary decline in value exists. Factors indicative of an other-than-temporary decline include recurring operating losses, credit defaults and subsequent rounds of financing at an amount below the cost basis of the Company’s investment. For more information, see Note 4. Available-for-sale securities are recorded at fair value in the Consolidated Balance Sheet, and the realized gains and losses are included as a component of Other loss, net in the Consolidated Statement of Operations.
Foreign Currency Translation	Foreign Currency Translation Financial statements of subsidiaries operating outside the United States whose functional currency is not the U.S. Dollar are translated at the rates of exchange on the balance sheet date for assets and liabilities and at average rates of exchange for revenues and expenses during the period. Translation gains or losses on assets and liabilities are included as a component of Accumulated other comprehensive loss, net.
Derivative Instruments	Derivative Instruments The Company uses derivative instruments principally to manage the risk associated with movements in foreign currency exchange rates, and recognizes all derivative instruments on the Consolidated Balance Sheet at fair value. Changes in fair value of derivative instruments that qualify for hedge accounting will either be offset against the change in fair value of the hedged assets or liabilities through earnings or recognized in shareholders’ equity as a component of Accumulated other comprehensive loss, net, until the hedged item is recognized in earnings, depending on whether the derivative instrument is being used to hedge changes in fair value or cash flows. For qualifying hedge relationships, the Company excludes the impact of forward points or option premiums from its assessment of hedge effectiveness and recognizes changes in the fair value of a derivative instrument due to forward points or option premiums in Other income (loss), net each quarter. The ineffective portion of a derivative instrument’s change in fair value is immediately recognized in earnings. For those derivative instruments that do not qualify for hedge accounting, changes in fair value are recognized immediately in earnings. See Note 7 for additional information regarding derivative instruments held by the Company and risk management strategies.
Property, Plant and Equipment	Property, Plant and Equipment Property, plant and equipment are stated at cost. Additions to property, plant and equipment generally include material, labor and overhead. Time Warner also capitalizes certain costs associated with coding, software configuration, upgrades and enhancements incurred for the development of internal use software. Depreciation is recorded on a straight-line basis over estimated useful lives. Leasehold improvements are depreciated over the lesser of the estimated useful life of the improvement or the term of the applicable lease. Time Warner periodically evaluates the depreciation periods of property, plant and equipment to determine whether a revision to its estimates of useful lives is warranted. Land is not depreciated.
Goodwill and Intangible Assets	Intangible Assets Time Warner has a significant number of intangible assets, including acquired film and television libraries and other copyrighted products and tradenames. Time Warner does not recognize the fair value of internally generated intangible assets. Intangible assets acquired in business combinations are recorded at the acquisition date fair value in the Company’s Consolidated Balance Sheet. Acquired film libraries are amortized using the film forecast computation model. For more information, see “Film and Television Production Cost Recognition, Participations and Residuals and Impairments” and Note 2. Goodwill and Indefinite-Lived Intangible Assets Goodwill and indefinite-lived intangible assets, primarily tradenames, are tested annually for impairment as of December 31 or earlier upon the occurrence of certain events or substantive changes in circumstances. Goodwill is tested for impairment at the reporting unit level. A reporting unit is either the “operating segment level,” such as Warner Bros. Entertainment Inc. (“Warner Bros.”), Home Box Office, Inc. (“Home Box Office”) and Turner Broadcasting System, Inc. (“Turner”), or one level below, which is referred to as a “component” (e.g., Warner Bros. Theatrical, Warner Bros. Television). The level at which the impairment test is performed requires judgment as to whether the components constitute a self-sustaining business and, if so, whether their operations are similar such that they should be aggregated for purposes of the impairment test. For purposes of the goodwill impairment test, management has concluded that the operations below the operating segment level met the criteria to be aggregated and therefore has determined its reporting units are the same as its operating segments. In assessing Goodwill for impairment, the Company has the option to first perform a qualitative assessment to determine whether the existence of events or circumstances leads to a determination that it is more likely than not that the fair value of a reporting unit is less than its carrying amount. If the Company determines that it is not more likely than not that the fair value of a reporting unit is less than its carrying amount, the Company is not required to perform any additional tests in assessing Goodwill for impairment. However, if the Company concludes otherwise or elects not to perform the qualitative assessment, then it is required to perform the first step of a two-step impairment review process. The first step of the two-step process involves a comparison of the estimated fair value of a reporting unit to its carrying amount. In performing the first step, the Company determines the fair value of a reporting unit using a discounted cash flow (“DCF”) analysis and, in certain cases, a combination of a DCF analysis and a market-based approach. Determining fair value requires the exercise of significant judgment, including judgments about appropriate discount rates, perpetual growth rates, the amount and timing of expected future cash flows, as well as relevant comparable public company earnings multiples. The cash flows employed in the DCF analyses are based on the Company’s most recent budgets and long range plans and perpetual growth rates are assumed for years beyond the current long range plan period. Discount rate assumptions are based on an assessment of market rates, capital structures and the risk inherent in the future cash flows included in the budgets and long range plans. In 2015 , the Company did not elect to perform a qualitative assessment of Goodwill and instead performed a quantitative impairment test. The results of the quantitative test did not result in any impairments of Goodwill because the fair values of each of the Company’s reporting units exceeded their respective carrying values. None of the carrying values of the Company’s reporting units were within 30% of their respective fair values as of December 31, 2015 . If the carrying value of a reporting unit exceeded its fair value, the second step of the impairment review process would need to be performed to determine the ultimate amount of impairment loss to record. Significant assumptions utilized in the DCF analysis included discount rates that ranged from 9.0% to 9.5% and a terminal revenue growth rate of 3.25% . Significant assumptions utilized in the market-based approach were market EBITDA multiples ranging from 9.5 x to 10.0 x for the Company’s reporting units where a market-based approach was performed. In assessing other intangible assets not subject to amortization for impairment, the Company also has the option to perform a qualitative assessment to determine whether the existence of events or circumstances leads to a determination that it is more likely than not that the fair value of such an intangible asset is less than its carrying amount. If the Company determines that it is not more likely than not that the fair value of such an intangible asset is less than its carrying amount, then the Company is not required to perform any additional tests for assessing those intangible assets for impairment. However, if the Company concludes otherwise or elects not to perform the qualitative assessment, then it is required to perform a quantitative impairment test that involves a comparison of the estimated fair value of the intangible asset with its carrying value. If the carrying value of the intangible asset exceeds its fair value, an impairment loss is recognized in an amount equal to that excess. In 2015 , the Company did not elect to perform a qualitative assessment for intangible assets not subject to amortization. The estimates of fair value of substantially all intangible assets not subject to amortization are determined using a DCF valuation analysis, which is based on the “relief from royalty” methodology. Discount rate assumptions are based on an assessment of the risk inherent in the projected future cash flows generated by the respective intangible assets. Also subject to judgment are assumptions about royalty rates, which are based on the estimated rates at which similar tradenames are being licensed in the marketplace. The performance of the Company’s 2015 annual impairment test for other intangible assets not subject to amortization did not result in any impairments since the fair value of each of the Company’s intangible assets not subject to amortization exceeded its respective carrying value. The fair values of substantially all intangible assets not subject to amortization were greater than 30% of their carrying values. The significant assumptions utilized in the 2015 DCF analysis of substantially all other intangible assets not subject to amortization were discount rates that ranged from 9.5% to 10.0% and a terminal revenue growth rate of 3.25% . Goodwill and indefinite-lived intangible assets, primarily certain tradenames, are tested annually for impairment during the fourth quarter, or earlier upon the occurrence of certain events or substantive changes in circumstances.
Long-Lived Assets	Long-Lived Assets Long-lived assets, including finite-lived intangible assets (e.g., tradenames, customer lists, film libraries and property, plant and equipment), do not require that an annual impairment test be performed; instead, long-lived assets are tested for impairment upon the occurrence of a triggering event. Triggering events include the more likely than not disposal of a portion of such assets or the occurrence of an adverse change in the market involving the business employing the related assets. Once a triggering event has occurred, the impairment test is based on whether the intent is to hold the asset for continued use or to hold the asset for sale. The impairment test for assets held for continued use requires a comparison of cash flows expected to be generated over the useful life of an asset or group of assets (“asset group”) against the carrying value of the asset group. An asset group is established by identifying the lowest level of cash flows generated by the asset or group of assets that are largely independent of the cash flows of other assets. If the intent is to hold the asset group for continued use, the impairment test first requires a comparison of estimated undiscounted future cash flows generated by the asset group against its carrying value. If the carrying value exceeds the estimated undiscounted future cash flows, an impairment would be measured as the difference between the estimated fair value of the asset group and its carrying value. Fair value is generally determined by discounting the future cash flows associated with that asset group. If the intent is to hold the asset group for sale and certain other criteria are met (e.g., the asset can be disposed of currently, appropriate levels of authority have approved the sale, and there is an active program to locate a buyer), the impairment test involves comparing the asset group’s carrying value to its estimated fair value. To the extent the carrying value is greater than the estimated fair value, an impairment loss is recognized for the difference. Significant judgments in this area involve determining the appropriate asset group level at which to test, determining whether a triggering event has occurred, determining the future cash flows for the assets involved and selecting the appropriate discount rate to be applied in determining estimated fair value. For more information, see Note 2. The majority of the Company’s non-financial instruments, which include goodwill, intangible assets, inventories and property, plant and equipment, are not required to be carried at fair value on a recurring basis. However, if certain triggering events occur (or at least annually for goodwill and indefinite-lived intangible assets), a non-financial instrument is required to be evaluated for impairment. If the Company determines that the non-financial instrument is impaired, the Company would be required to write down the non-financial instrument to its fair value.
Accounting for Pension Plans	Accounting for Pension Plans The Company and certain of its subsidiaries have both funded and unfunded defined benefit pension plans, the substantial majority of which are noncontributory, covering a majority of domestic employees and, to a lesser extent, have various defined benefit plans, primarily noncontributory, covering certain international employees. Pension benefits are based on formulas that reflect the participating employees’ qualifying years of service and compensation. Time Warner’s largest defined benefit pension plan is closed for new employees and frozen to future benefit accruals. Time Warner uses a December 31 st measurement date for its plans. The pension expense recognized by the Company is determined using certain assumptions, including the expected long-term rate of return on plan assets, the interest factor implied by the discount rate and the rate of compensation increases. For more information, see Note 13.
Equity-Based Compensation	Equity-Based Compensation The Company measures the cost of employee services received in exchange for an award of equity instruments based on the grant-date fair value of the award. That cost is recognized in Costs of revenues or Selling, general and administrative expenses depending on the job function of the grantee on a straight-line basis (net of estimated forfeitures) from the date of grant over the period during which an employee is required to provide services in exchange for the award. The total grant-date fair value of an equity award granted to an employee who has reached a specified age and years of service as of the grant date is recognized as compensation expense immediately upon grant as there is no required service period. The grant-date fair value of a restricted stock unit (“RSU”) is determined based on the closing sale price of the Company’s common stock on the NYSE Composite Tape on the date of grant. Performance stock units (“PSUs”) are subject to a performance condition such that the number of PSUs that ultimately vest generally depends on the adjusted earnings per share (“Adjusted EPS”) achieved by the Company during a three -year performance period compared to targets established at the beginning of the period. The PSUs are also subject to a market condition and the number of PSUs that vest can be increased or decreased based on the Company’s cumulative total shareholder return (“TSR”) relative to the TSR of the other companies in the S&P 500 Index for the performance period. Because the terms of the PSUs provide discretion to make certain adjustments to the performance calculation, the service inception date of these awards precedes the grant date. Accordingly, the Company recognizes compensation expense beginning on the service inception date and remeasures the fair value of the PSU until a grant date occurs, which is typically after the completion of the required service period. PSUs, as well as RSUs granted to certain senior executives, also are subject to a performance condition based on an adjusted net income target for a one -year period that, if not achieved, will result in the forfeiture of the awards. The grant-date fair value of a stock option is estimated using the Black-Scholes option-pricing model . Because the Black-Scholes option-pricing model requires the use of subjective assumptions, changes in these assumptions can materially affect the fair value of the stock options. The Company determines the volatility assumption for these stock options using implied volatilities data from its traded options. The expected term, which represents the period of time that stock options granted are expected to be outstanding, is estimated based on the historical exercise behavior of Time Warner employees. Groups of employees that have similar historical exercise behavior are considered separately for valuation purposes. The risk-free rate assumed in valuing the options is based on the U.S. Treasury yield curve in effect at the time of grant for the expected term of the option. The Company determines the expected dividend yield percentage by dividing the expected annual dividend by the market price of Time Warner common stock at the date of grant. For more information, see Note 12. For accounting purposes, the Company records equity-based compensation expense and a related deferred tax asset for the future tax deductions it may receive. For income tax purposes, the Company receives a tax deduction equal to the stock price on the date that an RSU (or PSU) vests or the excess of the stock price over the exercise price of an option upon exercise. The deferred tax asset consists of amounts relating to individual unvested and/or unexercised equity-based compensation awards; accordingly, deferred tax assets related to certain equity awards may currently be in excess of the tax benefit ultimately received. The applicable accounting rules require that the deferred tax asset related to an equity-based compensation award be reduced only at the time the award vests (in the case of an RSU or PSU), is exercised (in the case of a stock option) or otherwise expires or is canceled. This reduction is recorded as an adjustment to Additional paid-in capital (“APIC”), to the extent that the realization of excess tax deductions on prior equity-based compensation awards were recorded directly to APIC. The cumulative amount of such excess tax deductions is referred to as the Company’s “APIC Pool.” Any shortfall balance recognized in excess of the Company’s APIC Pool is charged to Income tax provision in the Consolidated Statement of Operations. The Company’s APIC Pool was sufficient to absorb any shortfalls such that no shortfalls were charged to the Income tax provision during the years ended December 31, 2015 , 2014 and 2013 .
Revenue Recognition	Barter Transactions Time Warner enters into transactions that involve the exchange of advertising, in part, for other products and services, such as a license for programming. Such transactions are recognized by the programming licensee (e.g., a television network) as programming inventory and deferred advertising revenue at the estimated fair value when the product is available for telecast. Barter programming inventory is amortized in the same manner as the non-barter component of the licensed programming, and Advertising revenue is recognized when advertising spots are delivered. From the perspective of the programming licensor (e.g., a film studio), incremental licensing revenue is recognized when the barter advertising spots are exhibited. Multiple-Element Transactions In the normal course of business, the Company enters into multiple-element transactions that involve making judgments about allocating the consideration to the various elements of the transactions. While the more common type of multiple-element transactions encountered by the Company involve the sale or purchase of multiple products or services (e.g., licensing multiple film titles in a single arrangement), multiple-element transactions can also involve contemporaneous purchase and sales transactions, the settlement of an outstanding dispute contemporaneous with the purchase of a product or service, as well as investing in an investee while at the same time entering into an operating agreement. In accounting for multiple-element transactions, judgment must be exercised in identifying the separate elements in a bundled transaction as well as determining the values of these elements. These judgments can impact the amount of revenues, expenses and net income recognized over the term of the contract, as well as the period in which they are recognized. In determining the value of the respective elements, the Company refers to quoted market prices (where available), independent appraisals (where available), historical and comparable cash transactions or its best estimate of selling price. Other indicators of value include the existence of price protection in the form of “most-favored-nation” clauses or similar contractual provisions and individual elements whose values are dependent on future performance (and based on independent factors). Further, in such transactions, evidence of value for one element of a transaction may provide support that value was not transferred from one element in a transaction to another element in a transaction. Revenue The Company generates revenue primarily from content production and distribution (i.e., Content Revenue), providing programming to cable system operators, satellite distribution services, telephone companies and other distributors (collectively, “affiliates”) that have contracted to receive and distribute this programming to their subscribers (i.e., Subscription Revenue) and the sale of advertising on the Company’s television networks and websites and the websites it manages and/or operates for others (i.e., Advertising Revenue). Content Revenue Feature films typically are produced or acquired for initial exhibition in theaters, followed by distribution, generally commencing within three years of such initial exhibition, through sales of feature films in physical format, electronic sell-through, video-on-demand, subscription video-on-demand services, premium cable, basic cable and broadcast networks. Revenues from film rentals by theaters are recognized as the films are exhibited. Revenues from sales of feature films in physical format are recognized at the later of the delivery date or the date that the DVDs or Blu-ray Discs are made widely available for sale or rental by retailers based on gross sales less a provision for estimated returns. Revenues from the licensing of feature films for electronic sell-through or video-on-demand are recognized when the product has been purchased by and made available to the consumer to either download or stream. Revenues from the distribution of theatrical product through subscription video-on-demand services, premium cable, basic cable and broadcast networks are recognized when the films are available to the licensee. Television programs and series are initially produced for broadcast networks, cable networks, first-run television syndication or subscription video-on-demand services and may be subsequently licensed for international or domestic cable, syndicated television and subscription video-on-demand services, as well as sold on home video and via electronic delivery. Revenues from the distribution of television programming through broadcast networks, cable networks, first-run syndication and subscription video-on-demand services are recognized when the programs or series are available to the licensee, except for advertising barter agreements, where the revenue is valued and recognized when the related advertisements are exhibited. In certain circumstances, pursuant to the terms of the applicable contractual arrangements, the availability dates granted to customers may precede the date the Company may bill the customers for these sales. Unbilled accounts receivable, which primarily relate to the distribution of television product at Warner Bros., totaled $4.057 billion and $3.780 billion at December 31, 2015 and December 31, 2014 , respectively. Included in the unbilled accounts receivable at December 31, 2015 was $2.259 billion that is to be billed in the next twelve months. Similar to theatrical home video sales, revenues from sales of television programming in physical format are recognized at the later of the delivery date or the date that the DVDs or Blu-ray Discs are made widely available for sale or rental by retailers based on gross sales less a provision for estimated returns. Revenues from the licensing of television programs and series for electronic sell-through or video-on-demand are recognized when the product has been purchased by and made available to the consumer to either download or stream. Revenues from the distribution of television programming through subscription video-on-demand services are recognized when the television programs or series are available to the licensee. Upfront or guaranteed payments for the licensing of intellectual property are recognized as revenue when (i) an arrangement has been signed with a customer, (ii) the customer’s right to use or otherwise exploit the intellectual property has commenced and there is no requirement for significant continued performance by the Company, (iii) licensing fees are either fixed or determinable and (iv) collectability of the fees is reasonably assured. In the event any significant continued performance is required in these arrangements, revenue is allocated to each applicable element and recognized when the related services are performed. Revenues from the sales of console videogames are recognized at the later of the delivery date or the date that the product is made widely available for sale or rental by retailers based on gross sales less a provision for estimated returns. Subscription Revenue Subscription revenues from the Company’s cable networks and premium pay and basic tier television services are recognized as programming services are provided to affiliates based on negotiated contractual programming rates. When a distribution contract with an affiliate has expired and a new distribution contract has not been executed, revenues are based on estimated rates, giving consideration to factors including the previous contractual rates, inflation, current payments by the affiliate and the status of the negotiations on a new contract. When the new distribution contract terms are finalized, an adjustment to Subscription revenues is recorded, if necessary, to reflect the new terms. Such adjustments historically have not been significant. Subscription revenues from streaming services (e.g., HBO NOW) are recognized as programming services are provided to customers. Advertising Revenue Advertising revenues are recognized, net of agency commissions, in the period that the advertisements are aired. If there is a targeted audience guarantee, revenues are recognized for the actual audience delivery and revenues are deferred for any shortfall until the guaranteed audience delivery is met, typically by providing additional advertisements. Advertising revenues from websites are recognized as impressions are delivered or the services are performed. Sales Returns and Pricing Rebates Management’s estimate of product sales that will be returned and pricing rebates to grant is an area of judgment affecting Revenues and Net income. In estimating product sales that will be returned, management analyzes vendor sales of the Company’s product, historical return trends, current economic conditions, and changes in customer demand. Based on this information, management reserves a percentage of any product sales that provide the customer with the right of return. The provision for such sales returns is reflected as a reduction in the revenues from the related sale. In estimating the reserve for pricing rebates, management considers the terms of the Company’s agreements with its customers that contain targets which, if met, would entitle the customer to a rebate. In those instances, management evaluates the customer’s actual and forecasted purchases to determine the appropriate reserve. At December 31, 2015 and 2014 , total reserves for sales returns (which also reflects reserves for certain pricing allowances provided to customers) primarily related to home entertainment products (e.g., DVDs, Blu-ray Discs and videogames) and were $875 million and $1.000 billion , respectively. An incremental change of 1% in the Company’s estimated sales returns rate (i.e., provisions for returns divided by gross sales of related product) would have resulted in an approximate $43 million impact on the Company’s total Revenues for the year ended December 31, 2015 . This revenue impact would have been partially offset by a corresponding impact on related expenses depending on the margin associated with a specific film or videogame and other factors. Gross versus Net Revenue Recognition In the normal course of business, the Company acts as or uses an intermediary in executing transactions with third parties. In connection with these arrangements, the Company must determine whether to report revenue based on the gross amount billed to the ultimate customer or on the net amount received from the customer after commissions and other payments to third parties. To the extent revenues are recorded on a gross basis, any commissions or other payments to third parties are recorded as expense so that the net amount (gross revenues less expense) is reflected in Operating Income. Accordingly, the impact on Operating Income is the same whether the Company records revenue on a gross or net basis. The determination of whether revenue should be reported on a gross or net basis is based on an assessment of whether the Company is acting as the principal or an agent in the transaction. If the Company is acting as a principal in a transaction, the Company reports revenue on a gross basis. If the Company is acting as an agent in a transaction, the Company reports revenue on a net basis. The determination of whether the Company is acting as a principal or an agent in a transaction involves judgment and is based on an evaluation of the terms of an arrangement. The Company serves as the principal in transactions in which it has substantial risks and rewards of ownership. The following are examples of arrangements where the Company is an intermediary or uses an intermediary: • Warner Bros. provides distribution services to third-party companies. Warner Bros. may provide distribution services for an independent third-party company for the worldwide distribution of theatrical films, home video, television programs and/or videogames. The independent third-party company may retain final approval over the distribution, marketing, advertising and publicity for each film or videogame in all media, including the timing and extent of the releases, the pricing and packaging of packaged goods units and approval of all television licenses. Warner Bros. records revenue generated in these distribution arrangements on a gross basis when it (i) is the merchant of record for the licensing arrangements, (ii) is the licensor/contracting party, (iii) provides the materials to licensees, (iv) handles the billing and collection of all amounts due under such arrangements and (v) bears the risk of loss related to distribution advances and/or the packaged goods inventory. If Warner Bros. does not bear the risk of loss as described in the previous sentence, the arrangements are accounted for on a net basis. • Turner provides advertising sales services to third-party companies. From time to time, Turner contracts with third parties, or in certain instances a related party such as a joint venture, to perform television or website advertising sales services. While terms of these agreements can vary, Turner generally records advertising revenue on a gross basis when it acts as the primary obligor (i.e., Turner is the contracting party) in the arrangement because in those cases it is the one interacting with the customer and is responsible for fulfillment of the advertising sold.
Cost of Sales	Film and Television Production Cost Recognition, Participations and Residuals and Impairments Film and television production costs include the unamortized cost of completed theatrical films and television episodes, theatrical films and television series in production and undeveloped film and television rights. Film and television production costs are stated at the lower of cost, less accumulated amortization, or fair value. The amount of capitalized film and television production costs recognized as Costs of revenues for a given period is determined using the film forecast computation method. Under this method, the amortization of capitalized costs and the accrual of participations and residuals is based on the proportion of the film’s revenues recognized for such period to the film’s estimated remaining ultimate revenues (i.e., the total revenue to be received throughout a film’s life cycle). The process of estimating a film’s ultimate revenues requires the Company to make a series of significant judgments relating to future revenue generating activities associated with a particular film and is important for two reasons. First, while a film or television series is being produced and the related costs are being capitalized, as well as at the time the film or television series is released, it is necessary for management to estimate the ultimate revenues, less additional costs to be incurred (including exploitation and participation costs), in order to determine whether the value of a film or television series is impaired and requires an immediate write-off of unrecoverable film and television production costs down to fair value. Second, it is necessary for management to determine, using the film forecast computation method, the amount of capitalized film and television production costs and the amount of participations and residuals to be recognized as Costs of revenues for a given film or television series in a particular period. To the extent that the ultimate revenues are adjusted, the resulting gross margin reported on the exploitation of that film or television series in a period is also adjusted. Prior to the theatrical release of a film, management bases its estimates of ultimate revenues for each film on factors such as the historical performance of similar films, the star power of the lead actors, the rating and genre of the film, pre-release market research (including test market screenings) and the expected number of theaters in which the film will be released. In the absence of revenues directly related to the exhibition of a film or television program that is owned by the Company on the Company’s television networks or premium pay television or streaming services, management estimates a portion of the unamortized costs that are representative of the utilization of that film or television program in that exhibition and expenses such costs as the film or television program is exhibited. The period over which ultimate revenues are estimated is generally not to exceed ten years from the initial release of a motion picture or from the date of delivery of the first episode of an episodic television series. For an episodic television series still in production, the period over which ultimate revenues are estimated cannot exceed five years from the date of delivery of the most recent episode. Management updates such estimates based on information available during the film’s production and, upon release, the actual results of each film. Changes in estimates of ultimate revenues from period to period affect the amount of production costs amortized in a given period and, therefore, could have an impact on the segment’s financial results for that period. For example, prior to a film’s release, the Company often will test market the film to the film’s targeted demographic. If the film is not received favorably, the Company may (i) reduce the film’s estimated ultimate revenues, (ii) revise the film, which could cause the production costs to increase, or (iii) perform a combination of both. Similarly, a film that generates lower-than-expected theatrical revenues in its initial weeks of release would have its theatrical, home video and television distribution ultimate revenues adjusted downward. A failure to adjust for a downward change in estimates of ultimate revenues would result in the understatement of production costs amortization for the period. The Company recorded production cost amortization of $4.384 billion , $4.229 billion and $3.873 billion in 2015 , 2014 and 2013 , respectively. Included in production cost amortization are film impairments, primarily related to pre-release theatrical films, of $80 million , $86 million and $51 million in 2015 , 2014 and 2013 , respectively. Licensed Programming Inventory Cost Recognition and Impairment In the normal course of business, the Company’s Turner and Home Box Office segments enter into agreements to license programming exhibition rights from licensors. A programming inventory asset related to these rights and a corresponding liability to the licensor are recorded (on a discounted basis if the license agreements are long-term) when (i) the cost of the programming is reasonably determined, (ii) the programming material has been accepted in accordance with the terms of the agreement, (iii) the programming is available for its first showing or telecast, and (iv) the license period has commenced. There are variations in the amortization methods of these rights, depending on whether the network is advertising-supported (e.g., TNT and TBS) or not advertising-supported (e.g., HBO and Turner Classic Movies). For the Company’s advertising-supported networks, the Company’s general policy is to amortize each program’s costs on a straight-line basis (or per-play basis, if greater) over its license period. However, for certain types of programming, the initial airing has more value than subsequent airings. In these circumstances, the Company uses an accelerated method of amortization. For example, if the Company is licensing the right to air a movie multiple times over a certain period, the movie is being shown for the first time on a Company network (a “Network Movie Premiere”) and the Network Movie Premiere advertising is sold at a premium rate, a larger portion of the movie’s programming inventory cost is amortized upon the initial airing of the movie, with the remaining cost amortized on a straight-line basis (or per-play basis, if greater) over the remaining license period. The accelerated amortization upon the first airing versus subsequent airings is determined based on a study of historical and estimated future advertising sales for similar programming. For rights fees paid for sports programming arrangements (e.g., National Basketball Association, The National Collegiate Athletic Association (“NCAA”) Men’s Division I Basketball championship events (the “NCAA Tournament”) and Major League Baseball), such rights fees are amortized using a revenue-forecast model, in which the rights fees are amortized using the ratio of current period advertising revenue to total estimated remaining advertising revenue over the term of the arrangement. For premium pay television and streaming services that are not advertising-supported, each licensed program’s costs are amortized on a straight-line basis over its license period or estimated period of use, beginning with the month of initial exhibition. When the Company has the right to exhibit feature theatrical programming in multiple windows over a number of years, the Company uses historical audience viewership as its basis for determining the amount of programming amortization attributable to each window. The Company carries its licensed programming inventory at the lower of unamortized cost or estimated net realizable value. For networks that generate both Advertising and Subscription revenues (e.g., TBS and TNT), the Company generally evaluates the net realizable value of unamortized programming costs based on the network’s programming taken as a whole. In assessing whether the programming inventory for a particular advertising-supported network is impaired, the Company determines the net realizable value for all of the network’s programming inventory based on a projection of the network’s profitability. Similarly, for premium pay television and streaming services that are not advertising-supported, the Company performs its evaluation of the net realizable value of unamortized programming costs based on the premium pay television and streaming services’ licensed programming taken as a whole. Specifically, the Company determines the net realizable value for all of its premium pay television and streaming service licensed programming based on projections of estimated Subscription revenues less certain costs of delivering and distributing the licensed programming. However, changes in management’s intended usage of a specific program, such as a decision to no longer exhibit that program and forego the use of the rights associated with the program license, would result in a reassessment of that program’s net realizable value, which could result in an impairment. In determining the fair value of its theatrical films, the Company employs a DCF methodology that includes cash flow estimates of a film’s ultimate revenue and costs as well as a discount rate. The discount rate utilized in the DCF analysis is based on the weighted average cost of capital of the respective business (e.g., Warner Bros.) plus a risk premium representing the risk associated with producing a particular theatrical film. The fair value of any theatrical films and television programs that management plans to abandon is zero . Because the primary determination of fair value is made using a DCF model, the resulting fair value is considered a Level 3 measurement.
Inventory	Other Inventory Inventories other than film and television production costs and licensed programming inventory consist primarily of DVDs, Blu-ray Discs and videogame development costs and are stated at the lower of cost or net realizable value. Cost is determined using the average cost method. Returned goods included in Inventory are valued at estimated realizable value, but not in excess of cost. For more information, see Note 6. Videogame development costs are expensed as incurred before the applicable videogames reach technological feasibility. Upon release, the capitalized videogame development costs are amortized based on the greater of the amount computed using (i) the proportion of the videogame’s revenues recognized for such period to the videogame’s total current and anticipated revenues or (ii) the straight-line method over the remaining economic life of the videogame. Unamortized capitalized videogame production and development costs are stated at the lower of cost, less accumulated amortization, or net realizable value and reported in Other assets on the Consolidated Balance Sheet. At December 31, 2015 and 2014 , there were $201 million and $277 million , respectively, of unamortized computer software costs related to videogames. Amortization of such costs was $214 million , $115 million and $180 million for the years ended December 31, 2015 , 2014 and 2013 , respectively. Included in such amortization are writedowns to net realizable value of certain videogame production costs of $17 million , $51 million and $53 million in 2015 , 2014 and 2013 , respectively.
Accounting for Collaborative Arrangements	Accounting for Collaborative Arrangements The Company’s collaborative arrangements primarily relate to co-financing arrangements to jointly finance and distribute theatrical productions and an arrangement entered into with CBS Broadcasting, Inc. (“CBS”) and the NCAA that provides Turner and CBS with exclusive television, Internet and wireless rights to the NCAA Tournament in the U.S. and its territories and possessions from 2011 through 2024. In most cases, the form of the co-financing arrangement is the sale of an interest in a film to an investor. Warner Bros. generally records the amounts received for the sale of an interest as a reduction of the costs of the film, as the investor assumes full risk for that share of the film asset acquired in these transactions. The substance of these arrangements is that the third-party investors own an interest in the film and, therefore, in each period the Company reflects in the Consolidated Statement of Operations either a charge or benefit to Costs of revenues to reflect the estimate of the third-party investor’s interest in the profits or losses incurred on the film. The estimate of the third-party investor’s interest in profits or losses incurred on the film is determined using the film forecast computation method. For the years ended December 31, 2015 , 2014 and 2013 , net participation costs related to third party investors of $406 million , $580 million and $522 million , respectively, were recorded in Costs of revenues. The aggregate programming rights fee, production costs, advertising revenues and sponsorship revenues related to the NCAA Tournament and related programming are equally shared by Turner and CBS. However, if the amount paid for the programming rights fee and production costs in any given year exceeds advertising and sponsorship revenues for that year, CBS’ share of such shortfall is limited to specified annual amounts (the “loss cap”), ranging from approximately $90 million to $30 million . The amounts incurred by the Company pursuant to the loss cap during the years ended December 31, 2015 and 2014 were not significant. In accounting for this arrangement, the Company records Advertising revenues for the advertisements aired on Turner’s networks and amortizes Turner’s share of the programming rights fee based on the ratio of current period advertising revenues to its estimate of total advertising revenues over the term of the arrangement.
Advertising Costs	Advertising Costs Time Warner expenses advertising costs as they are incurred, which generally is when the advertising is exhibited or aired. Advertising expense to third parties was $2.586 billion in 2015 , $2.430 billion in 2014 and $2.447 billion in 2013 .
Income Taxes	Income Taxes Income taxes are provided using the asset and liability method, such that income taxes (i.e., deferred tax assets, deferred tax liabilities, taxes currently payable/refunds receivable and tax expense) are recorded based on amounts refundable or payable in the current year and include the results of any difference between GAAP and tax reporting. Deferred income taxes reflect the tax effect of net operating losses, capital losses and tax credit carryforwards and the net tax effects of temporary differences between the carrying amount of assets and liabilities for financial statement and income tax purposes, as determined under tax laws and rates. Valuation allowances are established when management determines that it is more likely than not that some portion or all of the deferred tax asset will not be realized. The financial effect of changes in tax laws or rates is accounted for in the period of enactment. The subsequent realization of net operating loss and general business credit carryforwards acquired in acquisitions accounted for using the purchase method of accounting is recognized in the Consolidated Statement of Operations. Tax credits received for the production of a film or program are offset against the cost of inventory capitalized. Deferred tax assets are included in Other assets in the Consolidated Balance Sheet. From time to time, the Company engages in transactions in which the tax consequences may be subject to uncertainty. Examples of such transactions include business acquisitions and dispositions, including dispositions designed to be tax free, and certain financing transactions. Significant judgment is required in assessing and estimating the tax consequences of these transactions. The Company prepares and files tax returns based on its interpretation of tax laws and regulations. In the normal course of business, the Company’s tax returns are subject to examination by various taxing authorities. Such examinations may result in future tax and interest assessments by these taxing authorities. In determining the Company’s tax provision for financial reporting purposes, the Company establishes a reserve for uncertain tax positions unless such positions are determined to be more likely than not of being sustained upon examination based on their technical merits. There is considerable judgment involved in determining whether positions taken on the Company’s tax returns are more likely than not of being sustained. The Company adjusts its tax reserve estimates periodically because of ongoing examinations by, and settlements with, the various taxing authorities, as well as changes in tax laws, regulations and interpretations. The Company’s policy is to recognize, when applicable, interest and penalties on uncertain tax positions as part of income tax expense. For further information, see Note 9.
Discontinued Operations	Discontinued Operations In determining whether a group of assets disposed (or to be disposed) of should be presented as a discontinued operation for periods beginning January 1, 2015, the Company assesses whether the disposal (or planned disposal) represents a strategic shift that has had or will have a major effect on the Company’s operations and financial results. On June 6, 2014 (the “Distribution Date”), the Company completed the legal and structural separation of the Company's Time Inc. segment from the Company (the “Time Separation”). The Company has presented the financial position and results of operations of its former Time Inc. segment as discontinued operations in the accompanying consolidated financial statements for all periods presented. For more information on the Time Separation, see Note 3.
Derivatives, Offsetting Fair Value Amounts	For such foreign exchange contracts, the Company offsets the fair values of the amounts owed to or due from the same counterparty and classifies the net amount as a net asset or net liability within Prepaid expenses and other current assets or Accounts payable and accrued liabilities, respectively, in the Consolidated Balance Sheet.
Income Tax Uncertainties	The Company’s policy is to recognize interest and penalties accrued on uncertain tax positions as part of income tax expense. The Company recognizes income tax benefits for tax positions determined more likely than not to be sustained upon examination, based on the technical merits of the positions.

Description of Business, Basi30

Description of Business, Basis of Presentation and Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Property, Plant and Equipment	Property, plant and equipment, including capital leases, consist of (millions): December 31, Estimated Useful Lives 2015 2014 Land (a) $ 273 $ 274 n/a Buildings and improvements 1,619 1,549 7 to 30 years Capitalized software costs 1,958 1,868 3 to 7 years Furniture, fixtures and other equipment (b) 3,069 3,102 3 to 10 years 6,919 6,793 Accumulated depreciation (4,323 ) (4,138 ) Total $ 2,596 $ 2,655 _________________________ (a) Land is not depreciated. (b) Includes $174 million and $223 million of construction in progress as of December 31, 2015 and 2014 , respectively.

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	12 Months Ended
	Dec. 31, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Goodwill	The following summary of changes in the Company’s Goodwill during the years ended December 31, 2015 and 2014 , by reportable segment, is as follows (millions): Turner Home Box Office Warner Bros. Total Balance at December 31, 2013 $ 13,980 $ 7,431 $ 5,990 $ 27,401 Acquisitions, dispositions and adjustments, net (6 ) 2 206 202 Translation adjustments (18 ) — (20 ) (38 ) Balance at December 31, 2014 $ 13,956 $ 7,433 $ 6,176 $ 27,565 Acquisitions, dispositions and adjustments, net 176 — 8 184 Translation adjustments (24 ) — (36 ) (60 ) Balance at December 31, 2015 $ 14,108 $ 7,433 $ 6,148 $ 27,689
Schedule of Impaired Intangible Assets	The Company recorded noncash impairments of intangible assets during the years ended December 31, 2015 , 2014 and 2013 by reportable segment, as follows (millions): Year Ended December 31, 2015 2014 2013 Turner $ 1 $ 1 $ 18 Home Box Office — 4 — Warner Bros. — 13 1 Time Warner $ 1 $ 18 $ 19
Schedule of Finite-Lived Intangible Assets	The Company’s intangible assets subject to amortization and related accumulated amortization consisted of the following (millions): December 31, 2015 December 31, 2014 Gross Accumulated Amortization(a) Net Gross Accumulated Amortization(a) Net Intangible assets subject to amortization: Film library $ 3,432 $ (2,776 ) $ 656 $ 3,432 $ (2,635 ) $ 797 Brands, tradenames and other intangible assets 716 (423 ) 293 710 (366 ) 344 Total $ 4,148 $ (3,199 ) $ 949 $ 4,142 $ (3,001 ) $ 1,141 _________________________ (a) The film library has a weighted-average remaining life of approximately 5 years and is amortized using a film forecast computation methodology. Amortization of brands, tradenames and other intangible assets subject to amortization is provided generally on a straight-line basis over their respective useful lives.
Schedule of Expected Amortization Expense	The Company’s estimated amortization expense for the succeeding five years ended December 31 is as follows (millions): 2016 2017 2018 2019 2020 Estimated amortization expense $ 188 $ 174 $ 166 $ 157 $ 143

Dispositions and Acquisitions (

Dispositions and Acquisitions (Tables)	12 Months Ended
	Dec. 31, 2015
Acquisitions and Dispositions [Abstract]
Summary of Discontinued Operations	Discontinued operations for the years ended December 31, 2014 and 2013 is as follows (millions, except per share amounts): Year Ended December 31, 2014 2013 Total revenues $ 1,415 $ 3,334 Pretax income (loss) (98 ) 335 Income tax benefit (provision) 31 2 Net income (loss) $ (67 ) $ 337 Net income (loss) attributable to Time Warner Inc. shareholders $ (67 ) $ 337 Per share information attributable to Time Warner Inc. common shareholders: Basic net income (loss) per common share $ (0.07 ) $ 0.36 Average common shares outstanding — basic 863.3 920.0 Diluted net income (loss) per common share $ (0.07 ) $ 0.36 Average common shares outstanding — diluted 882.6 942.6

Investments (Tables)

Investments (Tables)	12 Months Ended
	Dec. 31, 2015
Investments [Abstract]
Investments by Category	Time Warner’s investments, by category, consist of (millions): December 31, 2015 2014 Equity-method investments $ 1,363 $ 898 Fair-value and other investments: Deferred compensation investments, recorded at fair value 160 195 Deferred compensation insurance-related investments, recorded at cash surrender value 402 410 Available-for-sale securities 85 79 Equity warrants 179 242 Total fair-value and other investments 826 926 Held-to-maturity securities 268 239 Cost-method investments 160 263 Total $ 2,617 $ 2,326
Available-for-sale Securities	The cost basis, unrealized gains and fair market value of available-for-sale securities are set forth below (millions): December 31, 2015 2014 Cost basis $ 63 $ 59 Gross unrealized gain 22 22 Gross unrealized loss — (2 ) Fair value $ 85 $ 79
Investment Writedowns	For the years ended December 31, 2015 , 2014 and 2013 , the Company incurred writedowns to reduce the carrying value of certain investments that experienced other-than-temporary impairments, as set forth below (millions): December 31, 2015 2014 2013 Equity-method investments $ 2 $ 21 $ 5 Cost-method investments 6 8 5 Available-for-sale securities 19 6 7 Total $ 27 $ 35 $ 17

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	12 Months Ended
	Dec. 31, 2015
Fair Value Disclosures [Abstract]
Fair Value Measurement Inputs	The following table presents information about assets and liabilities required to be carried at fair value on a recurring basis as of December 31, 2015 and December 31, 2014 , respectively (millions): December 31, 2015 December 31, 2014 Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total Assets: Trading securities: Diversified equity securities (a) $ 179 $ — $ — $ 179 $ 232 $ 5 $ — $ 237 Available-for-sale securities: Equity securities 15 — — 15 19 — — 19 Debt securities — 70 — 70 — 60 — 60 Derivatives: Foreign exchange contracts — 79 — 79 — 61 — 61 Other — — 180 180 — — 247 247 Liabilities: Derivatives: Foreign exchange contracts — (2 ) — (2 ) — (3 ) — (3 ) Other — — (7 ) (7 ) — — (6 ) (6 ) Total $ 194 $ 147 $ 173 $ 514 $ 251 $ 123 $ 241 $ 615 _________________________ (a) Consists of investments related to deferred compensation.
Level 3 Asset and Liability Reconciliation	The following table reconciles the beginning and ending balances of net derivative assets and liabilities classified as Level 3 and identifies the total gains (losses) the Company recognized during the year ended December 31, 2015 and 2014 on such assets and liabilities that were included in the Consolidated Balance Sheet as of December 31, 2015 and 2014 (millions): December 31, 2015 2014 Balance as of the beginning of the period $ 241 $ 1 Total gains (losses), net: Included in operating income (1 ) — Included in other loss, net (65 ) 31 Included in other comprehensive income (loss) — — Purchases — 213 Settlements (2 ) (20 ) Issuances — 16 Transfers in and/or out of Level 3 — — Balance as of the end of the period $ 173 $ 241 Net gain (loss) for the period included in net income related to assets and liabilities still held as of the end of the period $ (66 ) $ 32
Carrying Value Fair Value, by investment	Information as of December 31, 2015 about the Company’s investments in CME that are not required to be carried at fair value on a recurring basis is as follows (millions): Carrying Value Fair Value Fair Value Hierarchy Class A common stock (a) $ — $ 195 Level 1 Series B convertible redeemable preferred shares — 268 Level 2 Senior secured notes 268 420 Level 2 _________________________ (a) Includes 1 share of Series A convertible preferred stock.
Fair Value Measurements, Nonrecurring	The following table presents certain theatrical film and television production costs, which were recorded as inventory in the Consolidated Balance Sheet, that were written down to fair value (millions): Carrying value before write down Carrying value after write down Fair value measurements made during the year ended December 31,: 2015 $ 419 $ 215 2014 331 201

Inventories and Theatrical Fi35

Inventories and Theatrical Film and Television Production Costs (Tables)	12 Months Ended
	Dec. 31, 2015
Inventory Disclosure [Abstract]
Inventories and Theatrical Film and Television Production Costs	Inventories and theatrical film and television production costs consist of (millions): December 31, 2015 2014 Inventories: Programming costs, less amortization $ 3,067 $ 3,251 Other inventory, primarily DVDs and Blu-ray Discs 263 228 Total inventories 3,330 3,479 Less: current portion of inventory (1,753 ) (1,700 ) Total noncurrent inventories 1,577 1,779 Theatrical film production costs: (a) Released, less amortization 570 641 Completed and not released 374 379 In production 1,612 1,266 Development and pre-production 123 105 Television production costs: (a) Released, less amortization 1,301 1,251 Completed and not released 872 521 In production 1,158 889 Development and pre-production 13 10 Total theatrical film and television production costs 6,023 5,062 Total noncurrent inventories and theatrical film and television production costs $ 7,600 $ 6,841 _________________________ (a) Does not include $656 million and $797 million of acquired film library intangible assets as of December 31, 2015 and December 31, 2014 , respectively, which are included in Intangible assets subject to amortization, net in the Consolidated Balance Sheet.

Derivative Instruments and He36

Derivative Instruments and Hedging Activities(Tables)	12 Months Ended
	Dec. 31, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Hedging Activities Net Gains and Losses Recognized	Net gains and losses from hedging activities recognized in the Consolidated Statement of Operations were as follows (millions): Year Ended December 31, 2015 2014 2013 Gains (losses) recognized in: Cost of revenues $ 127 $ 54 $ 20 Selling, general and administrative 21 5 4 Other loss, net (26 ) — 1
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value	The following is a summary of amounts recorded in the Consolidated Balance Sheet pertaining to Time Warner’s use of foreign currency derivatives at December 31, 2015 and December 31, 2014 (millions): December 31, 2015 (a) 2014 (b) Prepaid expenses and other current assets $ 79 $ 61 Accounts payable and accrued liabilities (2 ) (3 ) _________________________ (a) Includes $198 million ( $194 million of qualifying hedges and $4 million of economic hedges) and $121 million ( $116 million of qualifying hedges and $5 million of economic hedges) of foreign exchange derivative contracts in asset and liability positions, respectively. (b) Includes $139 million ( $92 million of qualifying hedges and $47 million of economic hedges) and $81 million ( $65 million of qualifying hedges and $16 million of economic hedges) of foreign exchange derivative contracts in asset and liability positions, respectively.

Long Term Debt and Other Fina37

Long Term Debt and Other Financing Arrangements (Tables)	12 Months Ended
	Dec. 31, 2015
Debt Disclosure [Abstract]
Schedule of Long-term Debt Instruments	The principal amounts of long-term debt adjusted for premiums, discounts and issuance costs consist of (millions): December 31, 2015 2014 Fixed-rate public debt $ 23,572 $ 21,809 Other obligations 220 572 Subtotal 23,792 22,381 Debt due within one year (198 ) (1,118 ) Total long-term debt $ 23,594 $ 21,263
Schedule of Maturities of Long-term Debt	The Company’s public debt matures as follows (millions): 2016 2017 2018 2019 2020 Thereafter Debt $ 150 $ 500 $ 600 $ 650 $ 1,400 $ 20,501
Schedule of Future Minimum Lease Payments for Capital Leases	Future minimum capital lease payments at December 31, 2015 are as follows (millions): 2016 $ 14 2017 12 2018 11 2019 10 2020 7 Thereafter 7 Total 61 Amount representing interest (9 ) Present value of minimum lease payments 52 Current portion (11 ) Total long-term portion $ 41

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2015
Income Tax Disclosure [Abstract]
Schedule of Income before Income Tax, Domestic and Foreign	Domestic and foreign income before income taxes and discontinued operations are as follows (millions): Year Ended December 31, 2015 2014 2013 Domestic $ 4,733 $ 4,296 $ 4,836 Foreign 713 383 132 Total $ 5,446 $ 4,679 $ 4,968
Schedule of Components of Income Tax Expense (Benefit)	Current and Deferred income taxes (tax benefits) provided on Income from continuing operations are as follows (millions): Year Ended December 31, 2015 2014 2013 Federal: Current $ 844 $ 128 $ 494 Deferred 349 152 802 Foreign: Current (a) 337 466 348 Deferred (29 ) — (21 ) State and Local: Current 142 25 13 Deferred 8 14 (22 ) Total (b) $ 1,651 $ 785 $ 1,614 _________________________ (a) Includes foreign withholding taxes of $236 million in 2015 , $279 million in 2014 and $273 million in 2013 . (b) Excludes excess tax benefits from equity awards allocated directly to contributed capital of $151 million in 2015 , $179 million in 2014 and $179 million in 2013 .
Schedule of Effective Income Tax Rate Reconciliation	The differences between income taxes expected at the U.S. federal statutory income tax rate of 35% and income taxes provided are as set forth below (millions): Year Ended December 31, 2015 2014 2013 Taxes on income at U.S. federal statutory rate $ 1,906 $ 1,638 $ 1,739 State and local taxes, net of federal tax effects 68 64 72 Domestic production activities deduction (101 ) (114 ) (133 ) Foreign rate differential (129 ) (20 ) (10 ) Federal tax settlement — (687 ) — Valuation allowances (29 ) (226 ) 3 Other (64 ) 130 (57 ) Total 1,651 785 1,614
Schedule of Deferred Tax Assets and Liabilities	Significant components of Time Warner’s net deferred tax liabilities are as follows (millions): December 31, 2015 2014 Deferred tax assets: Tax attribute carryforwards (a) $ 299 $ 305 Receivable allowances and return reserves 158 168 Royalties, participations and residuals 457 429 Equity-based compensation 188 218 Amortization 36 231 Other 1,322 1,407 Valuation allowances (a) (233 ) (275 ) Total deferred tax assets $ 2,227 $ 2,483 Deferred tax liabilities: Assets acquired in business combinations $ 2,817 $ 2,874 Unbilled television receivables 1,117 998 Depreciation 235 264 Other 378 367 Total deferred tax liabilities 4,547 4,503 Net deferred tax liability $ 2,320 $ 2,020 _________________________ (a) The Company has recorded valuation allowances for certain tax attribute carryforwards and other deferred tax assets due to uncertainty that exists regarding future realizability. The tax attribute carryforwards consist of $47 million of tax credits, $41 million of capital losses and $211 million of net operating losses that expire in varying amounts from 2016 through 2035. If, in the future, the Company believes that it is more likely than not that these deferred tax benefits will be realized, the valuation allowances will be recognized in the Consolidated Statement of Operations.
Summary of Income Tax Contingencies	Changes in the Company’s uncertain income tax positions, excluding the related accrual for interest and penalties, from January 1 through December 31 are set forth below (millions): Year Ended December 31, 2015 2014 2013 Beginning balance $ 1,327 $ 2,169 $ 2,203 Additions for prior year tax positions 61 87 124 Additions for current year tax positions 62 69 76 Reductions for prior year tax positions (75 ) (968 ) (140 ) Settlements (40 ) (8 ) (84 ) Lapses in statute of limitations (5 ) (22 ) (10 ) Ending balance $ 1,330 $ 1,327 $ 2,169

Shareholders' Equity (Tables)

Shareholders' Equity (Tables)	12 Months Ended
	Dec. 31, 2015
Equity [Abstract]
Schedule of Treasury Stock by Class	For the years ended December 31, 2015 , 2014 and 2013 , the number of shares repurchased pursuant to trading plans under Rule 10b5-1 of the Securities Exchange Act of 1934, as amended, and their cost are as follows (millions): Shares Repurchased Cost of Shares 2015 45 $ 3,600 2014 77 $ 5,500 2013 60 $ 3,700
Schedule of Comprehensive Income (Loss)	The following summary sets forth the activity within Other comprehensive income (loss) (millions): Pretax Tax (provision) benefit Net of tax Year ended December 31, 2013 Unrealized losses on foreign currency translation $ (38 ) $ 16 $ (22 ) Reclassification adjustment for gains on foreign currency translation realized in net income (b) (9 ) 3 (6 ) Unrealized gains on securities 22 (9 ) 13 Unrealized gains on benefit obligation 203 (79 ) 124 Reclassification adjustment for losses on benefit obligation realized in net income (c) 33 (11 ) 22 Unrealized gains on derivative financial instruments 45 (18 ) 27 Reclassification adjustment for derivative financial instrument gains realized in net income (d) (35 ) 14 (21 ) Other comprehensive income $ 221 $ (84 ) $ 137 Year ended December 31, 2014 Unrealized losses on foreign currency translation $ (243 ) $ 15 $ (228 ) Unrealized losses on securities (6 ) 2 (4 ) Reclassification adjustment for gains on securities realized in net income (b) (16 ) 6 (10 ) Unrealized losses on benefit obligation (282 ) 95 (187 ) Reclassification adjustment for losses on benefit obligation realized in net income (c) 30 (11 ) 19 Unrealized gains on derivative financial instruments 13 (5 ) 8 Reclassification adjustment for derivative financial instrument gains realized in net income (d) (22 ) 8 (14 ) Other comprehensive loss $ (526 ) $ 110 $ (416 ) Year ended December 31, 2015 Unrealized losses on foreign currency translation $ (319 ) $ 30 $ (289 ) Reclassification adjustment for losses on foreign currency translation realized in net income (a) 5 — 5 Unrealized gains on securities 1 — 1 Unrealized losses on benefit obligation (37 ) 11 (26 ) Reclassification adjustment for losses on benefit obligation realized in net income (c) 33 (11 ) 22 Unrealized gains on derivative financial instruments 137 (49 ) 88 Reclassification adjustment for derivative financial instrument gains realized in net income (d) (130 ) 47 (83 ) Other comprehensive loss $ (310 ) $ 28 $ (282 ) _________________________ (a) Pretax (gains) losses included in Gain (loss) on operating assets, net. (b) Pretax (gains) losses included in Other loss, net. (c) Pretax (gains) losses included in Selling, general and administrative expenses. (d) Pretax (gains) losses included in Selling, general and administrative expenses, Costs of revenues and Other loss, net are as follows (millions): Year Ended December 31, 2015 2014 2013 Selling, general and administrative expenses $ (21 ) $ (5 ) $ (5 ) Costs of revenues (104 ) (18 ) (27 ) Other loss, net (5 ) 1 (3 )
Reclassification out of Accumulated Other Comprehensive Income	Pretax (gains) losses included in Selling, general and administrative expenses, Costs of revenues and Other loss, net are as follows (millions): Year Ended December 31, 2015 2014 2013 Selling, general and administrative expenses $ (21 ) $ (5 ) $ (5 ) Costs of revenues (104 ) (18 ) (27 ) Other loss, net (5 ) 1 (3 )
Schedule of Accumulated Other Comprehensive Income (Loss)	The following summary sets forth the components of Accumulated other comprehensive loss, net of tax (millions): December 31, 2015 2014 Foreign currency translation losses $ (583 ) $ (299 ) Net unrealized gains on securities 13 12 Net derivative financial instruments gains 17 12 Net unfunded/underfunded benefit obligation (893 ) (889 ) Accumulated other comprehensive loss, net $ (1,446 ) $ (1,164 )

Income Per Common Share (Tables

Income Per Common Share (Tables)	12 Months Ended
	Dec. 31, 2015
Earnings Per Share [Abstract]
Income Per Common Share	Set forth below is a reconciliation of Basic and Diluted income per common share from continuing operations attributable to Time Warner Inc. common shareholders (millions, except per share amounts): Year Ended December 31, 2015 2014 2013 Income from continuing operations attributable to Time Warner Inc. shareholders $ 3,796 $ 3,894 $ 3,354 Income allocated to participating securities (11 ) (14 ) (16 ) Income from continuing operations attributable to Time Warner Inc. common shareholders — basic $ 3,785 $ 3,880 $ 3,338 Average basic common shares outstanding 814.9 863.3 920.0 Dilutive effect of equity awards 14.6 19.3 22.6 Average diluted common shares outstanding 829.5 882.6 942.6 Antidilutive common share equivalents excluded from computation 5.0 1.0 — Income per common share from continuing operations attributable to Time Warner Inc. common shareholders: Basic $ 4.64 $ 4.49 $ 3.63 Diluted $ 4.58 $ 4.41 $ 3.56

Equity-Based Compensation (Tabl

Equity-Based Compensation (Tables)	12 Months Ended
	Dec. 31, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Assumptions Used to Value Option Grants	The table below summarizes the weighted-average assumptions used to value stock options at their grant date and the weighted-average grant date fair value per share: Year Ended December 31, 2015 2014 2013 Expected volatility 25.0 % 26.6 % 29.6 % Expected term to exercise from grant date 5.80 years 5.85 years 6.27 years Risk-free rate 1.8 % 1.9 % 1.3 % Expected dividend yield 1.7 % 1.7 % 2.1 % Weighted average grant date fair value per option $ 18.16 $ 16.94 $ 13.48
Schedule of Share-based Compensation, Stock Options, Activity	The following table summarizes information about stock options outstanding as of December 31, 2015 : Number of Options Weighted- Average Exercise Price Weighted- Average Remaining Contractual Life Aggregate Intrinsic Value (thousands) (in years) (thousands) Outstanding as of December 31, 2014 29,821 $ 36.27 Granted 3,379 83.31 Exercised (5,240 ) 31.27 Forfeited or expired (218 ) 32.73 Outstanding as of December 31, 2015 27,742 42.98 4.86 $ 702,685 Exercisable as of December 31, 2015 20,576 32.62 3.60 $ 668,932
Schedule of Share-based Compensation, Stock Options Exercised	The following table summarizes information about stock options exercised (millions): Year Ended December 31, 2015 2014 2013 Total intrinsic value $ 270 $ 402 $ 491 Cash received 165 338 674 Tax benefits realized 96 143 178
Share-based Compensation Arrangement by Share-based Payment Award, RSUs and Target PSUs, Grants in Period, Weighted Average Grant Date Fair Value	The following table sets forth the weighted-average grant date fair value of RSUs and target PSUs. For certain PSUs, the service inception date precedes the grant date and requires the Company to apply mark-to-market accounting that is reflected in the grant date fair values presented: Year Ended December 31, 2015 2014 2013 RSUs $ 83.52 $ 65.56 $ 54.04 PSUs 62.02 64.54 64.67
Schedule of Share-based Compensation, Restricted Stock Units Performance Stock Units Award Activity	The following table summarizes information about unvested RSUs and target PSUs as of December 31, 2015 : Number of Shares/Units Weighted- Average Grant Date Fair Value Aggregate Intrinsic Value (thousands) (thousands) Unvested as of December 31, 2014 11,109 $ 48.68 Granted (a) 2,310 81.86 Vested (5,039 ) 43.58 Forfeited (360 ) 50.15 Unvested as of December 31, 2015 8,020 59.58 $ 518,653 _________________________ (a) Includes 2.0 million RSUs and 0.1 million target PSUs granted during 2015 and a payout adjustment of 0.2 million PSUs due to the actual performance level achieved for PSUs granted in 2012 that vested during 2015 .
Schedule of Share-based Compensation Arrangement by Share Based Payment Award, Performance Based Units and Restricted Stock Units, Vested	The following table sets forth the total intrinsic value of RSUs and target PSUs that vested during the following years (millions): Year Ended December 31, 2015 2014 2013 RSUs $ 384 $ 366 $ 291 PSUs 30 17 27
Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs	The impact on Operating income for equity-based compensation awards is as follows (millions): Year Ended December 31, 2015 2014 2013 Stock options $ 39 $ 26 $ 33 RSUs and PSUs 143 193 205 Total impact on operating income $ 182 $ 219 $ 238 Tax benefit recognized $ 64 $ 76 $ 78

Benefit Plans (Tables)

Benefit Plans (Tables)	12 Months Ended
	Dec. 31, 2015
Compensation and Retirement Disclosure [Abstract]
Schedule of Accumulated and Projected Benefit Obligations	A summary of activity for substantially all of Time Warner’s domestic and international defined benefit pension plans is as follows: Benefit Obligation (millions) December 31, 2015 2014 Change in benefit obligation: Projected benefit obligation, beginning of year $ 3,694 $ 3,311 Service cost 4 3 Interest cost 147 153 Actuarial loss (gain) (204 ) 484 Benefits paid (177 ) (192 ) Curtailments/Special termination benefit (1 ) (8 ) Transfer out due to the Time Separation — (29 ) Foreign currency exchange rates (24 ) (28 ) Projected benefit obligation, end of year $ 3,439 $ 3,694 Accumulated benefit obligation, end of year $ 3,405 $ 3,660
Schedule of Changes in Fair Value of Plan Assets	Plan Assets (millions) December 31, 2015 2014 Change in plan assets: Fair value of plan assets, beginning of year $ 2,932 $ 2,766 Actual return on plan assets (84 ) 333 Employer contributions 49 51 Benefits paid (177 ) (192 ) Foreign currency exchange rates (22 ) (26 ) Fair value of plan assets, end of year $ 2,698 $ 2,932
Schedule of Net Benefit Costs	Components of Net Periodic Benefit Costs from Continuing Operations (millions) December 31, 2015 2014 2013 Service cost (a) $ 4 $ 3 $ 3 Interest cost 83 91 79 Expected return on plan assets (90 ) (95 ) (85 ) Amortization of prior service cost 1 1 1 Amortization of net loss 17 14 16 Net periodic benefit costs (b) $ 15 $ 14 $ 14 _________________________ (a) Amounts relate to various international benefit plans. (b) Excludes net periodic benefit costs/(income) related to discontinued operations of $5 million , $3 million and $(2) million during the years ended December 31, 2015 , 2014 and 2013 , respectively.
Schedule of Assumptions Used	Assumptions Weighted-average assumptions used to determine benefit obligations and net periodic benefit costs for the years ended December 31: Benefit Obligations Net Periodic Benefit Costs 2015 2014 2013 2015 2014 2013 Discount rate 4.59 % 4.10 % 4.90 % 4.10 % 4.89 % 4.07 % Rate of compensation increase 5.45 % 5.34 % 5.60 % 5.35 % 5.59 % 3.98 % Expected long-term return on plan assets n/a n/a n/a 5.84 % 6.01 % 5.95 %
Schedule of Allocation of Plan Assets	Fair Value of Plan Assets The following table sets forth by level, within the fair value hierarchy described in Note 5, the assets held by the Company’s defined benefit pension plans, including those assets related to The CW sub-plan, which were approximately $18 million and $20 million , respectively, as of December 31, 2015 and December 31, 2014 (millions): December 31, 2015 December 31, 2014 Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total Assets: Cash and cash equivalents (a) $ 80 $ — $ — $ 80 $ 133 $ — $ — $ 133 Insurance contracts — 15 — 15 — 14 — 14 Equity securities: Domestic equities 142 — — 142 157 — — 157 International equities 6 — — 6 8 — — 8 Fixed income securities: U.S. government and agency securities (a) 190 68 — 258 259 70 — 329 Non-U.S. government and agency securities — — — — 112 — — 112 Municipal bonds — 21 — 21 — 23 — 23 Investment grade corporate bonds (b) — 1,107 — 1,107 — 1,187 — 1,187 Non-investment grade corporate bonds (b) — 19 — 19 — 20 — 20 Other investments (c) 138 20 — 158 118 2 65 185 Liabilities: Derivatives — (41 ) — (41 ) — — (33 ) (33 ) Total (d) $ 556 $ 1,209 $ — $ 1,765 $ 787 $ 1,316 $ 32 $ 2,135 _________________________ (a) As of December 31, 2015 , cash and cash equivalents include $10 million of cash collateral for securities on loan, and U.S. government and agency securities include $59 million of securities collateral for securities on loan. As of December 31, 2014, cash and cash equivalents include $10 million of cash collateral for securities on loan, and U.S. government and agency securities include $70 million of securities collateral for securities on loan. (b) Investment grade corporate bonds have an S&P rating of BBB- or higher and non-investment grade corporate bonds have an S&P rating of BB+ or below. (c) Other investments primarily include derivative contracts, exchange-traded funds and mutual funds. (d) At December 31, 2015 and December 31, 2014 , total assets include $67 million and $78 million , respectively, of securities on loan. Certain investments that are measured at fair value using the net asset value ("NAV") per share as a practical expedient have not been categorized in the fair value table above and are as follows (millions): December 31, Asset Category 2015 2014 Pooled investments (e) 464 312 Commingled trust funds 469 486 Other investments (f) 67 75 Total $ 1,000 $ 873 (e) Pooled investments primarily consist of interests in unitized investment pools of which underlying securities primarily consist of equity and fixed income securities. (f) Other investments include limited partnerships, 103-12 investments and hedge funds. The table below sets forth a summary of changes in the fair value of the defined benefit pension plans’ Level 3 assets for the years ended December 31, 2015 and December 31, 2014 (millions): December 31, 2015 2014 Balance at beginning of period $ 32 $ — Actual return on plan assets and liabilities: Relating to securities still held at end of period (6 ) 26 Relating to securities disposed of during the period (5 ) — Purchases — — Sales — — Settlements (53 ) (2 ) Transfers in and/or out of Level 3 32 8 Balance at end of period $ — $ 32
Schedule of Expected Benefit Payments	Information about the expected benefit payments for the Company’s defined benefit plans is as follows (millions): 2016 2017 2018 2019 2020 2021-2025 Expected benefit payments $ 177 $ 172 $ 177 $ 178 $ 195 $ 1,014

Restructuring and Severance C43

Restructuring and Severance Costs (Tables)	12 Months Ended
	Dec. 31, 2015
Restructuring and Related Activities [Abstract]
Schedule of Restructuring and Severance Costs	Restructuring and severance costs expensed as incurred for the years ended December 31, 2015 , 2014 and 2013 are as follows (millions): Year Ended December 31, 2015 2014 2013 Turner $ 58 $ 249 $ 93 Home Box Office — 63 39 Warner Bros. 1 169 49 Corporate 1 31 2 Total restructuring and severance costs $ 60 $ 512 $ 183 Year Ended December 31, 2015 2014 2013 2015 initiatives $ 76 $ — $ — 2014 initiatives (15 ) 506 — 2013 and prior initiatives (1 ) 6 183 Total restructuring and severance costs $ 60 $ 512 $ 183
Selected Information	Selected information relating to accrued restructuring and severance costs is as follows (millions): Employee Terminations Other Exit Costs Total Remaining liability as of December 31, 2012 $ 93 $ 6 $ 99 Net accruals 174 9 183 Noncash reductions (a) (1 ) — (1 ) Cash paid (86 ) (9 ) (95 ) Remaining liability as of December 31, 2013 180 6 186 Net accruals 499 13 512 Noncash reductions (a) (3 ) — (3 ) Cash paid (151 ) (10 ) (161 ) Remaining liability as of December 31, 2014 525 9 534 Net accruals 43 17 60 Foreign currency translation adjustment (3 ) — (3 ) Noncash reductions (a) (1 ) — (1 ) Cash paid (325 ) (12 ) (337 ) Remaining liability as of December 31, 2015 $ 239 $ 14 $ 253 _________________________ (a) Noncash reductions relate to the settlement of certain employee-related liabilities with equity instruments.

Segment Information (Tables)

Segment Information (Tables)	12 Months Ended
	Dec. 31, 2015
Segment Reporting [Abstract]
Schedule of Segment Reporting Information, by Segment	Information as to the Revenues, intersegment revenues, depreciation of property, plant, and equipment, Amortization of intangible assets, Operating Income (Loss), Assets and Capital expenditures for each of Time Warner’s reportable segments is set forth below (millions): Year Ended December 31, 2015 2014 2013 Revenues Turner $ 10,596 $ 10,396 $ 9,983 Home Box Office 5,615 5,398 4,890 Warner Bros. 12,992 12,526 12,312 Intersegment eliminations (1,085 ) (961 ) (724 ) Total revenues $ 28,118 $ 27,359 $ 26,461 Year Ended December 31, 2015 2014 2013 Intersegment Revenues Turner $ 105 $ 101 $ 85 Home Box Office 40 36 14 Warner Bros. 940 824 625 Total intersegment revenues $ 1,085 $ 961 $ 724 Year Ended December 31, 2015 2014 2013 Supplemental Revenue Data Subscription $ 10,153 $ 9,945 $ 9,250 Advertising 4,569 4,502 4,530 Content 12,771 12,350 12,154 Other 625 562 527 Total revenues $ 28,118 $ 27,359 $ 26,461 Year Ended December 31, 2015 2014 2013 Depreciation of Property, Plant and Equipment Turner $ (193 ) $ (209 ) $ (231 ) Home Box Office (81 ) (77 ) (91 ) Warner Bros. (197 ) (218 ) (200 ) Corporate (21 ) (27 ) (28 ) Total depreciation of property, plant and equipment $ (492 ) $ (531 ) $ (550 ) Year Ended December 31, 2015 2014 2013 Amortization of Intangible Assets Turner (16 ) (16 ) (21 ) Home Box Office (14 ) (14 ) (9 ) Warner Bros. (159 ) (172 ) (179 ) Total amortization of intangible assets $ (189 ) $ (202 ) $ (209 ) Year Ended December 31, 2015 2014 2013 Operating Income (Loss) Turner $ 4,087 $ 2,954 $ 3,486 Home Box Office 1,878 1,786 1,791 Warner Bros. 1,416 1,159 1,324 Corporate (367 ) (73 ) (394 ) Intersegment eliminations (149 ) 149 61 Total operating income $ 6,865 $ 5,975 $ 6,268 December 31, 2015 2014 Assets Turner $ 25,559 $ 25,271 Home Box Office 14,314 13,869 Warner Bros. 20,699 20,559 Corporate 3,276 3,447 Total assets $ 63,848 $ 63,146 Year Ended December 31, 2015 2014 2013 Capital Expenditures Turner $ 157 $ 173 $ 210 Home Box Office 68 58 45 Warner Bros. 122 206 236 Corporate 76 37 77 Total capital expenditures $ 423 $ 474 $ 568
Revenues by Geographic Area	Revenues in different geographical areas are as follows (millions): Year Ended December 31, 2015 2014 2013 Revenues (a) United States and Canada $ 20,426 $ 19,102 $ 18,642 Europe (b) 4,485 4,684 4,494 Asia/Pacific Rim 1,619 1,711 1,629 Latin America 1,284 1,575 1,475 All Other 304 287 221 Total revenues $ 28,118 $ 27,359 $ 26,461 _________________________ (a) Revenues are attributed to region based on location of customer. (b) Revenues in EuroZone countries comprise approximately 49% , 48% and 48% of Revenues in Europe for the years ended 2015 , 2014 and 2013 , respectively.

Commitments and Contingencies (

Commitments and Contingencies (Tables)	12 Months Ended
	Dec. 31, 2015
Commitments and Contingencies Disclosure [Abstract]
Contractual Obligation, Fiscal Year Maturity Schedule	The commitments under certain programming, film licensing, talent and other agreements (“Programming and Other”) and minimum rental commitments under noncancelable long-term operating leases (“Operating Leases”) payable during the next five years and thereafter are as follows (millions): Programming and Other Operating Leases 2016 $ 5,381 $ 314 2017 4,364 300 2018 3,728 275 2019 3,386 135 2020 3,262 82 Thereafter 11,919 154 Total $ 32,040 $ 1,260
Contingent Commitments	Nature of Contingent Commitments Total 2016 2017-2018 2019-2020 Thereafter Guarantees $ 1,650 $ 133 $ 458 $ 359 $ 700 Letters of credit and other contingent commitments 788 250 8 — 530 Total contingent commitments $ 2,438 $ 383 $ 466 $ 359 $ 1,230

Related Party Transactions (Tab

Related Party Transactions (Tables)	12 Months Ended
	Dec. 31, 2015
Related Party Transactions [Abstract]
Schedule of Related Party Transactions	Amounts included in the consolidated financial statements resulting from transactions with related parties consist of (millions): Year Ended December 31, 2015 2014 2013 Revenues $ 390 $ 404 $ 464 Expenses (5 ) (8 ) (35 ) Interest income 126 62 — Other income, net 17 16 8

Additional Financial Informat47

Additional Financial Information (Tables)	12 Months Ended
	Dec. 31, 2015
Disclosure Text Block Supplement [Abstract]
Cash Flows	Additional financial information with respect to cash payments and receipts, Interest expense, net, Other loss, net, Accounts payable and accrued liabilities and Other noncurrent liabilities is as follows (millions): Year Ended December 31, 2015 2014 2013 Cash Flows Cash payments made for interest $ (1,262 ) $ (1,274 ) $ (1,202 ) Interest income received 35 50 44 Cash interest payments, net $ (1,227 ) $ (1,224 ) $ (1,158 ) Cash payments made for income taxes $ (1,135 ) $ (1,602 ) $ (1,174 ) Income tax refunds received 142 108 87 TWC tax sharing payments (a) (4 ) — — Cash tax payments, net $ (997 ) $ (1,494 ) $ (1,087 ) _________________________ (a) Represents net amounts paid to TWC in accordance with a tax sharing agreement with TWC.
Interest Expense, Net	Year Ended December 31, 2015 2014 2013 Interest Expense, Net Interest income $ 219 $ 184 $ 92 Interest expense (1,382 ) (1,353 ) (1,281 ) Total interest expense, net $ (1,163 ) $ (1,169 ) $ (1,189 )
Other Income (Loss), Net	Year Ended December 31, 2015 2014 2013 Other Loss, Net Investment gains (losses), net $ (31 ) $ 30 $ 61 Loss on equity method investees (123 ) (153 ) (150 ) Premiums paid and costs incurred on debt redemption (72 ) — — Other (30 ) (4 ) (22 ) Total other loss, net $ (256 ) $ (127 ) $ (111 )
Accounts Payable and Accrued Liabilities	December 31, 2015 2014 Accounts Payable and Accrued Liabilities Accounts payable $ 653 $ 574 Accrued expenses 1,946 2,173 Participations payable 2,422 2,551 Programming costs payable 712 722 Accrued compensation 957 1,034 Accrued interest 341 303 Accrued income taxes 157 150 Total accounts payable and accrued liabilities $ 7,188 $ 7,507
Other Noncurrent Liabilities	December 31, 2015 2014 Other Noncurrent Liabilities Noncurrent tax and interest reserves $ 1,535 $ 1,520 Participations payable 1,512 1,076 Programming costs payable 816 959 Noncurrent pension and post-retirement liabilities 908 928 Deferred compensation 471 531 Other noncurrent liabilities 556 670 Total other noncurrent liabilities $ 5,798 $ 5,684

Description of Business, Basi48

Description of Business, Basis of Presentation and Summary of Significant Accounting Policies (Details)	3 Months Ended		12 Months Ended
	Mar. 31, 2015USD ($)	Dec. 31, 2014USD ($)	Dec. 31, 2015USD ($)segment	Dec. 31, 2014USD ($)	Dec. 31, 2013USD ($)	Feb. 10, 2015$ / VEF	Dec. 31, 2012USD ($)
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Number of reportable segments | segment			3
Debt issuance costs, impact of new accounting guidance		$ 113,000,000		$ 113,000,000
Cash and equivalent investment in single money mark mutual fund bank threshold (not more than)			$ 500,000,000
AFS or HTM Debt Securities Impairment, Six Month Criterion (percent)			20.00%
AFS or HTM Debt Securities Impairment, Quarter End Criterion (percent)			50.00%
Sales return rate change (percent)			1.00%
Sales return rate change, impact of revenue			$ 43,000,000
Valuation and Qualifying Accounts Disclosure [Line Items]
Valuation allowances and reserves, balance		1,152,000,000	1,055,000,000	1,152,000,000	$ 1,383,000,000		$ 1,407,000,000
Additions charged (credited) to costs and expense			$ 1,734,000,000	1,847,000,000	2,094,000,000
Schedule of Equity Method Investments [Line Items]
Significant influence percent of flow through entity (percent)			20.00%
Property, Plant and Equipment [Line Items]
Land		274,000,000	$ 273,000,000	274,000,000
Buildings and improvements		1,549,000,000	1,619,000,000	1,549,000,000
Capitalized software costs		1,868,000,000	1,958,000,000	1,868,000,000
Furniture, fixtures and other equipment		3,102,000,000	3,069,000,000	3,102,000,000
Property, plant and equipment, gross		6,793,000,000	6,919,000,000	6,793,000,000
Accumulated depreciation		(4,138,000,000)	(4,323,000,000)	(4,138,000,000)
Total		2,655,000,000	2,596,000,000	2,655,000,000
Goodwill [Line Items]
Goodwill, impairment loss			$ 0	0	0
Goodwill Impairment Analysis, fair value carrying value analysis (percent)			30.00%
Goodwill Impairment Analysis, terminal growth rate (percent)			3.25%
General time frame between feature film initial exhibition and distribution through other channels (years)			3 years
Contracts Receivable [Abstract]
Unbilled contracts receivable		3,780,000,000	$ 4,057,000,000	3,780,000,000
Unbilled receivables, not billable, amount expected to be collected in next twelve months			$ 2,259,000,000
Film Cost Disclosures [Abstract]
Estimated period of ultimate revenues, from initial release or from delivery of first episode (years)			10 years
Estimated period of ultimate revenues, from delivery of most recent episode (years)			5 years
Film and TV production costs amortization			$ 4,384,000,000	4,229,000,000	3,873,000,000
Pre-release theatrical film cost impairment			80,000,000	86,000,000	51,000,000
Unamortized computer software costs related to videogames		277,000,000	201,000,000	277,000,000
Amortization of computer software costs related to videogames			214,000,000	115,000,000	180,000,000
Writedowns to net realizable value of certain videogame production costs			17,000,000	51,000,000	53,000,000
Collaborative Arrangements and Non-collaborative Arrangement Transactions [Line Items]
Collaborative arrangement income statement classifications and amounts cost of revenue			406,000,000	580,000,000	522,000,000
Marketing and Advertising Expense [Abstract]
Advertising expense			2,586,000,000	2,430,000,000	2,447,000,000
Multiple Foreign Currency Exchange Rates [Abstract]
Venezuelan foreign currency loss			0	173,000,000	0
Effect of Venezuelan exchange rate changes on cash and equivalents			0	(129,000,000)	0
Allowance for Doubtful Accounts
Valuation and Qualifying Accounts Disclosure [Line Items]
Valuation allowances and reserves, balance		152,000,000	180,000,000	152,000,000	191,000,000		209,000,000
Additions charged (credited) to costs and expense			63,000,000	(20,000,000)	28,000,000
Reserves for sales returns and allowances
Valuation and Qualifying Accounts Disclosure [Line Items]
Valuation allowances and reserves, balance		1,000,000,000	875,000,000	1,000,000,000	1,192,000,000		$ 1,198,000,000
Additions charged (credited) to costs and expense			$ 1,671,000,000	1,867,000,000	$ 2,066,000,000
Minimum
Schedule of Equity Method Investments [Line Items]
Equity method investment significant influence (percent)			20.00%
Goodwill [Line Items]
Goodwill Impairment Analysis, discount rate (percent)			9.00%
Market multiple			9.5
Collaborative Arrangements and Non-collaborative Arrangement Transactions [Line Items]
Collaborative arrangement shortfall			$ 30,000,000
Maximum
Schedule of Equity Method Investments [Line Items]
Equity method investment significant influence (percent)			50.00%
Goodwill [Line Items]
Goodwill Impairment Analysis, discount rate (percent)			9.50%
Market multiple			10
Collaborative Arrangements and Non-collaborative Arrangement Transactions [Line Items]
Collaborative arrangement shortfall			$ 90,000,000
Buildings and improvements | Minimum
Property, Plant and Equipment [Line Items]
Estimated Useful Lives (years)			7 years
Buildings and improvements | Maximum
Property, Plant and Equipment [Line Items]
Estimated Useful Lives (years)			30 years
Capitalized software costs | Minimum
Property, Plant and Equipment [Line Items]
Estimated Useful Lives (years)			3 years
Capitalized software costs | Maximum
Property, Plant and Equipment [Line Items]
Estimated Useful Lives (years)			7 years
Furniture, fixtures and other equipment | Minimum
Property, Plant and Equipment [Line Items]
Estimated Useful Lives (years)			3 years
Furniture, fixtures and other equipment | Maximum
Property, Plant and Equipment [Line Items]
Estimated Useful Lives (years)			10 years
Construction in progress
Property, Plant and Equipment [Line Items]
Furniture, fixtures and other equipment		223,000,000	$ 174,000,000	223,000,000
SICAD 2 Venezuelan Bolivar Fuerte
Multiple Foreign Currency Exchange Rates [Abstract]
Venezuelan foreign currency loss		$ 173,000,000		$ 173,000,000
SICAD Exchange Venezuelan Bolivar Fuerte
Multiple Foreign Currency Exchange Rates [Abstract]
Foreign currency exchange rate, remeasurement (VED to USD) | $ / VEF						12
Simadi Exchange Venezuelan Bolivar Fuerte
Multiple Foreign Currency Exchange Rates [Abstract]
Venezuelan foreign currency loss	$ 22,000,000
Foreign currency exchange rate, remeasurement (VED to USD) | $ / VEF						170
Effect of Venezuelan exchange rate changes on cash and equivalents	$ 15,000,000

Description of Business, Basi49

Description of Business, Basis of Presentation and Summary of Significant Accounting Policies - Indefinite-Lived Intangible Assets (Details)	12 Months Ended
	Dec. 31, 2015USD ($)
Indefinite-lived Intangible Assets [Line Items]
Impairment of intangible asset, indefinite-lived (excluding goodwill)	$ 0
Intangible Assets Indefinite-Lived Impairment Analysis, fair value carrying value analysis (percent)	30.00%
Other Intangible Assets Impairment Analysis, terminal growth rate (percent)	3.25%
Minimum
Indefinite-lived Intangible Assets [Line Items]
Other Intangible Assets Impairment Analysis, discount rate (percent)	9.50%
Maximum
Indefinite-lived Intangible Assets [Line Items]
Other Intangible Assets Impairment Analysis, discount rate (percent)	10.00%

Description of Business, Basi50

Description of Business, Basis of Presentation and Summary of Significant Accounting Policies Description of Business, Basis of Presentation and Summary of Significant Accounting Policies - Equity Based Compensation (Details)	12 Months Ended
	Dec. 31, 2015
Performance Stock Unit
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation arrangement by share-based payment award, award requisite service period (years)	3 years
Restricted Stock Units Subject To Performance Condition
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Period for adjusted net income target condition (years)	1 year

Goodwill and Intangible Asset51

Goodwill and Intangible Assets (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Impaired Intangible Assets [Line Items]
Impairment of intangible assets (excluding goodwill)	$ 1,000,000	$ 18,000,000	$ 19,000,000
Goodwill [Roll Forward]
Balance at Beginning of the Period	27,565,000,000	27,401,000,000
Acquisitions, dispositions and adjustments, net	184,000,000	202,000,000
Translation adjustments	(60,000,000)	(38,000,000)
Balance at End of the Period	27,689,000,000	27,565,000,000	27,401,000,000
Goodwill impairments	0	0	0
Finite-Lived Intangible Assets [Line Items]
Gross	4,148,000,000	4,142,000,000
Accumulated Amortization	(3,199,000,000)	(3,001,000,000)
Net	949,000,000	1,141,000,000
Amortization of Intangible Assets	189,000,000	202,000,000	209,000,000
Finite-Lived Intangible Assets, Net, Amortization Expense, Fiscal Year Maturity [Abstract]
Estimated amortization expense - 2016	188,000,000
Estimated amortization expense - 2017	174,000,000
Estimated amortization expense - 2018	166,000,000
Estimated amortization expense - 2019	157,000,000
Estimated amortization expense - 2020	143,000,000
Turner
Impaired Intangible Assets [Line Items]
Impairment of intangible assets (excluding goodwill)	1,000,000	1,000,000	18,000,000
Goodwill [Roll Forward]
Balance at Beginning of the Period	13,956,000,000	13,980,000,000
Acquisitions, dispositions and adjustments, net	176,000,000	(6,000,000)
Translation adjustments	(24,000,000)	(18,000,000)
Balance at End of the Period	14,108,000,000	13,956,000,000	13,980,000,000
Accumulated impairments	13,338,000,000	13,338,000,000	13,338,000,000
Home Box Office
Impaired Intangible Assets [Line Items]
Impairment of intangible assets (excluding goodwill)	0	4,000,000	0
Goodwill [Roll Forward]
Balance at Beginning of the Period	7,433,000,000	7,431,000,000
Acquisitions, dispositions and adjustments, net	0	2,000,000
Translation adjustments	0	0
Balance at End of the Period	7,433,000,000	7,433,000,000	7,431,000,000
Warner Bros.
Impaired Intangible Assets [Line Items]
Impairment of intangible assets (excluding goodwill)	0	13,000,000	1,000,000
Goodwill [Roll Forward]
Balance at Beginning of the Period	6,176,000,000	5,990,000,000
Acquisitions, dispositions and adjustments, net	8,000,000	206,000,000
Translation adjustments	(36,000,000)	(20,000,000)
Balance at End of the Period	6,148,000,000	6,176,000,000	5,990,000,000
Accumulated impairments	4,091,000,000	4,091,000,000	$ 4,091,000,000
Film library
Finite-Lived Intangible Assets [Line Items]
Gross	3,432,000,000	3,432,000,000
Accumulated Amortization	(2,776,000,000)	(2,635,000,000)
Net	$ 656,000,000	797,000,000
Finite-lived intangible asset, useful life (years)	5 years
Brands, tradenames and other intangible assets
Finite-Lived Intangible Assets [Line Items]
Gross	$ 716,000,000	710,000,000
Accumulated Amortization	(423,000,000)	(366,000,000)
Net	$ 293,000,000	$ 344,000,000

Dispositions and Acquisitions -

Dispositions and Acquisitions - Dispositions (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Discontinued Operation, Income (Loss) from Discontinued Operation Disclosures [Abstract]
Proceeds from Time Inc. in the Time Separation	$ 0	$ 1,400	$ 0
Total revenues		1,415	3,334
Pretax income (loss)		(98)	335
Income tax benefit (provision)		31	2
Net income (loss)	37	(67)	337
Net income (loss) attributable to Time Warner Inc. shareholders	$ 37	$ (67)	$ 337
Per share information attributable to Time Warner Inc. common shareholders:
Basic net income (loss) per common share (dollars per share)	$ 0.05	$ (0.07)	$ 0.36
Average common shares outstanding — basic (in shares)	814.9	863.3	920
Diluted net income (loss) per common share (dollars per share)	$ 0.04	$ (0.07)	$ 0.36
Average common shares outstanding — diluted (in shares)	829.5	882.6	942.6
Time Separation
Discontinued Operation, Income (Loss) from Discontinued Operation Disclosures [Abstract]
Proceeds from Time Inc. in the Time Separation		$ 1,400
Warner Music Group
Discontinued Operation, Income (Loss) from Discontinued Operation Disclosures [Abstract]
Income tax benefit (provision)			$ 137
Net income (loss)	$ 37
Per share information attributable to Time Warner Inc. common shareholders:
Diluted net income (loss) per common share (dollars per share)	$ 0.04

Dispositions and Acquisitions53

Dispositions and Acquisitions - Acquisitions (Details) - USD ($) $ in Millions	Jun. 02, 2014	Aug. 31, 2015	Sep. 30, 2013	Sep. 30, 2015	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Business Acquisition [Line Items]
Redeemable noncontrolling interest					$ 29	$ 0
Schedule of Equity Method Investments [Line Items]
Investments and acquisitions, net of cash required					$ 672	950	$ 495
Turner | iStreamPlanet
Business Acquisition [Line Items]
Payments to acquire businesses, net of cash acquired		$ 148
Business combination, step acquisition, equity interest in acquiree, remeasurement gain (loss), net				$ 3
Redeemable noncontrolling interest		$ 29
Warner Bros. | Eyeworks
Business Acquisition [Line Items]
Payments to acquire businesses, net of cash acquired	$ 267
Home Box Office | HBO Asia
Business Acquisition [Line Items]
Payments to acquire businesses, net of cash acquired			$ 37
Business combination, step acquisition, equity interest in acquiree, remeasurement gain (loss), net							104
Business acquisition percentage of voting interest, total (percent)			100.00%
CME All Investments
Schedule of Equity Method Investments [Line Items]
Investments and acquisitions, net of cash required						$ 396	$ 288

Investments 1 (Details)

Investments 1 (Details) - USD ($) $ in Millions	Dec. 31, 2015	Dec. 31, 2014
Investments [Abstract]
Equity-method investments	$ 1,363	$ 898
Fair-value and other investments:
Deferred compensation investments, recorded at fair value	160	195
Deferred compensation insurance-related investments, recorded at cash surrender value	402	410
Available-for-sale securities	85	79
Equity warrants	179	242
Total fair-value and other investments	826	926
Held-to-maturity securities	268	239
Cost-method investments	160	263
Total	$ 2,617	$ 2,326

Investments 2 (Details)

Investments 2 (Details) $ / shares in Units, € in Millions, warrant in Millions, note in Millions	Dec. 31, 2015USD ($)notewarrant$ / sharesshares	Nov. 15, 2015USD ($)	Sep. 30, 2015USD ($)	Nov. 14, 2014USD ($)	May. 02, 2014USD ($)unit_warrantunit$ / sharesshares	Jun. 30, 2013USD ($)shares	Dec. 31, 2015USD ($)notewarrant$ / sharesshares	Dec. 31, 2014USD ($)	Dec. 31, 2013USD ($)	Dec. 31, 2015EUR (€)notewarrantshares	Sep. 30, 2015EUR (€)	Nov. 14, 2014EUR (€)	May. 01, 2014$ / shares	Jun. 25, 2013USD ($)
Available-for-sale securities:
Cost basis	$ 63,000,000						$ 63,000,000	$ 59,000,000
Gross unrealized gain	22,000,000						22,000,000	22,000,000
Gross unrealized loss	0						0	(2,000,000)
Fair value	85,000,000						85,000,000	79,000,000
Schedule of Equity Method Investments [Line Items]
Equity-method investments	1,363,000,000						1,363,000,000	898,000,000
Equity method investment, expected investment							672,000,000	950,000,000	$ 495,000,000
Investments Writedowns [Abstract]
Equity-method investments							2,000,000	21,000,000	5,000,000
Cost-method investments							6,000,000	8,000,000	5,000,000
Available-for-sale securities							19,000,000	6,000,000	7,000,000
Total							27,000,000	35,000,000	17,000,000
Gain On Sale Of Investments [Abstract]
Gain on sale of investments, net							59,000,000	36,000,000	$ 76,000,000
Class of Warrant or Right [Line Items]
Held-to-maturity securities	268,000,000						268,000,000	239,000,000
Equity warrants	$ 179,000,000						$ 179,000,000	242,000,000
Minimum
Schedule of Equity Method Investments [Line Items]
Equity method investment, ownership percentage	20.00%						20.00%			20.00%
Maximum
Schedule of Equity Method Investments [Line Items]
Equity method investment, ownership percentage	50.00%						50.00%			50.00%
Time Warner Inc Revolving Credit Facility with CME
Line of Credit Facility [Line Items]
Line of credit facility, maximum borrowing capacity					$ 115,000,000
Revolving credit facility with company LIBOR minimum rate (percent)				1.00%
Line of credit facility, unused capacity, commitment fee percentage					0.50%
Long-term line of credit	$ 0						$ 0
CME Senior Secured Notes
Class of Warrant or Right [Line Items]
Held-to-maturity securities	268,000,000						268,000,000
London Interbank Offered Rate (LIBOR) | Time Warner Inc Revolving Credit Facility with CME
Line of Credit Facility [Line Items]
Variable interest rate on revolving credit facility (percent)				9.00%
CME Loans Receivable
Accounts, Notes, Loans and Financing Receivable [Line Items]
Initial loans receivable with fixed rates of interest					$ 30,000,000
Loans receivable with fixed rates of interest rate, rate (percent)					15.00%
Loans receivable with fixed rates of interest	24,000,000						24,000,000
Hudson Yards
Schedule of Equity Method Investments [Line Items]
Variable interest entity, nonconsolidated, carrying amount, assets	438,000,000						438,000,000	102,000,000
Hudson Yards | Scenario, Plan
Schedule of Equity Method Investments [Line Items]
Equity method investment, expected investment							1,700,000,000
CME Equity Method Investment
Schedule of Equity Method Investments [Line Items]
Equity-method investments	$ 0						$ 0
Equity method investment, ownership percentage	49.40%						49.40%			49.40%
Class A common stock, number of shares at end of period (shares) | shares	61,400,000						61,400,000			61,400,000
Series A convertible preferred stock, number of shares at end of period (shares) | shares	1						1			1
Convertible preferred stock, shares issued upon conversion (shares) | shares	11,200,000						11,200,000			11,200,000
CME senior unsecured term loan | €										€ 486
Guarantee liability	$ 66,000,000						$ 66,000,000
CME refinancing of aggregate principal of senior convertible notes due 2015				$ 261,000,000
CME Repayment of Aggregate Principal of Senior Convertible Notes due 2015		$ 261,000,000
Equity affiliate term loan, commitment fee earned			$ 9,000,000
Term loan, commitment fee interest rate (percent)			8.50%
Class A common stock, number of shares acquired during period (shares) | shares						28,500,000
CME refinancing of aggregate principal of senior notes due 2017 | €												€ 240
Payments to acquire equity method investments						$ 78,000,000
CME Equity Method Investment | Four Year Term Loan
Schedule of Equity Method Investments [Line Items]
CME senior unsecured term loan | €											€ 235
CME term loan guarantee fee (percent)			8.50%
CME Equity Method Investment | Three Year Term Loan
Schedule of Equity Method Investments [Line Items]
CME senior unsecured term loan | €												€ 251
CME term loan guarantee fee (percent)				8.50%
Series B convertible redeemable preferred shares
Schedule of Cost-method Investments [Line Items]
Series B convertible redeemable preferred shares, conversion into Class A common stock Shares | shares	99,500,000						99,500,000			99,500,000
Cost method investments, original costs														$ 200,000,000
Annual rate at which convertible redeemable preferred stock will accrete in value through the third anniversary of closing (percent)														7.50%
Annual rate at which convertible redeemable preferred stock will accrete in value from third anniversary to fifth anniversary of closing (percent)														3.75%
Price at which the accreted value of the convertible redeemable preferred stock will convert into common stock (in dollars per share) | $ / shares					$ 2.4167								$ 3.1625
HBO LAG
Schedule of Equity Method Investments [Line Items]
Equity method investment, ownership percentage	88.00%						88.00%			88.00%
Variable interest entity, nonconsolidated, carrying amount, assets	$ 558,000,000						$ 558,000,000	$ 568,000,000
CME Rights Offering
Class of Warrant or Right [Line Items]
Economic interest percentage	75.70%						75.70%			75.70%
Class of warrant or right, number of securities called by each warrant or right (shares) | shares	1						1			1
Class of warrant or right, term (years)	4 years
Class of warrant or right, exercise price of warrant or rights (in dollars per share) | $ / shares	$ 1						$ 1
Maximum voting interest prior to warrants becoming legally exercisable (percent)	49.90%						49.90%			49.90%
Rights offering units purchased by company | unit					2,800,000
Rights offering unit warrant | unit_warrant					21
Private offering units purchased by company | unit					581,533
Class of warrant or right, number of securities called by warrants or rights (shares) | shares					30,000,000
CME Rights Offering | Warrant
Class of Warrant or Right [Line Items]
Warrants held at end of period | warrant	101						101			101
Equity warrants	$ 179,000,000						$ 179,000,000
CME Rights Offering | CME Senior Secured Notes
Class of Warrant or Right [Line Items]
Notes owned at end of period | note	3.4						3.4			3.4
Debt instrument, interest rate, stated percentage	15.00%						15.00%			15.00%
Rights offering unit senior secured note principal	$ 100						$ 100
Held-to-maturity securities	$ 268,000,000						$ 268,000,000

Fair Value Measurements (Detail

Fair Value Measurements (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Derivatives:
Foreign exchange contracts	$ 79,000,000	$ 61,000,000
Derivatives:
Foreign exchange contracts	(2,000,000)	(3,000,000)
Equity warrants	179,000,000	242,000,000
Other Financial Instruments Numeric [Abstract]
Class A common stock, carrying value	1,363,000,000	898,000,000
Series B convertible redeemable preferred shares, carrying value	160,000,000	263,000,000
Senior secured notes, carrying value	268,000,000	239,000,000
Non Financial Instruments Numeric [Abstract]
Value after impairment, finite intangible assets	949,000,000	1,141,000,000
Impairment of intangible assets (excluding goodwill)	1,000,000	18,000,000	$ 19,000,000
Class A common stock
Other Financial Instruments Numeric [Abstract]
Class A common stock, carrying value	$ 0
Series A convertible preferred stock, number of shares at end of period (shares)	1
Series B convertible redeemable preferred shares
Other Financial Instruments Numeric [Abstract]
Series B convertible redeemable preferred shares, carrying value	$ 0
CME Senior Secured Notes
Other Financial Instruments Numeric [Abstract]
Senior secured notes, carrying value	268,000,000
CME Rights Offering | CME Senior Secured Notes
Other Financial Instruments Numeric [Abstract]
Senior secured notes, carrying value	268,000,000
Warrant | CME Rights Offering
Derivatives:
Equity warrants	179,000,000
Turner
Non Financial Instruments Numeric [Abstract]
Impairment of intangible assets (excluding goodwill)	1,000,000	1,000,000	18,000,000
Fair Value, Measurements, Recurring
Trading securities:
Diversified equity securities	179,000,000	237,000,000
Available-for-sale securities:
Equity securities	15,000,000	19,000,000
Debt securities	70,000,000	60,000,000
Derivatives:
Foreign exchange contracts	79,000,000	61,000,000
Other	180,000,000	247,000,000
Derivatives:
Foreign exchange contracts	(2,000,000)	(3,000,000)
Other	(7,000,000)	(6,000,000)
Total	514,000,000	615,000,000
Level 1 | Class A common stock
Other Financial Instruments Numeric [Abstract]
Class A common stock, fair value	195,000,000
Level 1 | Fair Value, Measurements, Recurring
Trading securities:
Diversified equity securities	179,000,000	232,000,000
Available-for-sale securities:
Equity securities	15,000,000	19,000,000
Debt securities	0	0
Derivatives:
Foreign exchange contracts	0	0
Other	0	0
Derivatives:
Foreign exchange contracts	0	0
Other	0	0
Total	194,000,000	251,000,000
Level 2
Other Financial Instruments Numeric [Abstract]
Difference between carrying value and fair value of debt	2,490,000,000	4,364,000,000
Level 2 | Series B convertible redeemable preferred shares
Other Financial Instruments Numeric [Abstract]
Series B convertible redeemable preferred shares, fair value	268,000,000
Level 2 | CME Senior Secured Notes
Other Financial Instruments Numeric [Abstract]
Senior secured notes, fair value	420,000,000
Level 2 | Fair Value, Measurements, Recurring
Trading securities:
Diversified equity securities	0	5,000,000
Available-for-sale securities:
Equity securities	0	0
Debt securities	70,000,000	60,000,000
Derivatives:
Foreign exchange contracts	79,000,000	61,000,000
Other	0	0
Derivatives:
Foreign exchange contracts	(2,000,000)	(3,000,000)
Other	0	0
Total	147,000,000	123,000,000
Level 3 | Fair Value, Measurements, Recurring
Trading securities:
Diversified equity securities	0	0
Available-for-sale securities:
Equity securities	0	0
Debt securities	0	0
Derivatives:
Foreign exchange contracts	0	0
Other	180,000,000	247,000,000
Derivatives:
Foreign exchange contracts	0	0
Other	(7,000,000)	(6,000,000)
Total	173,000,000	241,000,000
Level 3 | Fair Value, Measurements, Recurring | Warrant | CME Rights Offering
Derivatives:
Equity warrants	$ 179,000,000	242,000,000
Fair value assumptions, expected term (years)	1 year 5 months 9 days
Fair value assumptions, expected volatility rate (percent)	59.00%
Level 3 | Fair Value, Measurements, Nonrecurring
Non Financial Instruments Numeric [Abstract]
Fair value of theatrical films and television programs to be abandoned	$ 0
Theatrical film and television production costs, carrying value in inventory prior to write down	419,000,000	331,000,000
Theatrical film and television production costs, carrying value in inventory subsequent to write down	215,000,000	201,000,000
Level 3 | Fair Value, Measurements, Nonrecurring | Certain Intangible Assets | Turner
Non Financial Instruments Numeric [Abstract]
Noncash impairment of finite intangible assets	1,000,000
Value after impairment, finite intangible assets	0
Level 3 | Fair Value, Measurements, Nonrecurring | Certain Intangible Assets | Turner, HBO and Warner Bros.
Non Financial Instruments Numeric [Abstract]
Impairment of intangible assets (excluding goodwill)		17,000,000
Value of assets after impairment		12,000,000
Derivatives
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Balance as of the beginning of the period	241,000,000	1,000,000
Total gains (losses), net:
Included in other comprehensive income (loss)	0	0
Purchases	0	213,000,000
Settlements	(2,000,000)	(20,000,000)
Issuances	0	16,000,000
Transfers in and/or out of Level 3	0	0
Balance as of the end of the period	173,000,000	241,000,000	$ 1,000,000
Net gain (loss) for the period included in net income related to assets and liabilities still held as of the end of the period	(66,000,000)	32,000,000
Derivatives | Operating Income (Loss)
Total gains (losses), net:
Included in earnings	(1,000,000)	0
Derivatives | Other Nonoperating Income (Expense)
Total gains (losses), net:
Included in earnings	$ (65,000,000)	$ 31,000,000

Inventories and Theatrical Fi57

Inventories and Theatrical Film and Television Production Costs (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Inventories:
Programming costs, less amortization	$ 3,067	$ 3,251
Other inventory, primarily DVDs and Blu-ray Discs	263	228
Total inventories	3,330	3,479
Less: current portion of inventory	(1,753)	(1,700)
Total noncurrent inventories	1,577	1,779
Theatrical film production costs: [Abstract]
Released, less amortization	570	641
Completed and not released	374	379
In production	1,612	1,266
Development and pre-production	123	105
Television production costs: [Abstract]
Released, less amortization	1,301	1,251
Completed and not released	872	521
In production	1,158	889
Development and pre-production	13	10
Total theatrical film and television production costs	6,023	5,062
Total noncurrent inventories and theatrical film and television production costs	7,600	6,841
Finite-Lived Intangible Assets [Line Items]
Intangible assets subject to amortization	$ 949	1,141
Percentage of unamortized film costs	90.00%
Film costs, amortized in next operating cycle	$ 2,200
Film costs, amortized in next operating cycle (percent)	71.00%
Film library
Finite-Lived Intangible Assets [Line Items]
Intangible assets subject to amortization	$ 656	$ 797

Derivative Instruments and He58

Derivative Instruments and Hedging Activities (Details) $ in Millions	12 Months Ended
	Dec. 31, 2015USD ($)	Dec. 31, 2014USD ($)	Dec. 31, 2013USD ($)	Dec. 31, 2015EUR (€)
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Gains (losses) recognized in Costs of revenues	$ 127	$ 54	$ 20
Gains (losses) recognized in Selling, general and administrative	21	5	4
Gains (losses) recognized in Other loss, net	(26)	0	$ 1
Prepaid expenses and other current assets	79	61
Accounts payable and accrued liabilities	(2)	(3)
General Discussion of Derivative Instruments and Hedging Activities [Abstract]
Cash flow hedge gains (losses) recorded in accumulated OCI	29	20
Cash flow hedge gains (losses) recorded in accumulated OCI deferred gains (losses)	$ (9)	(5)
Net Investment Hedging - Foreign Denominated Debt | Debt Designated as a Hedge of Euro-denominated Net Investments
Derivatives, Fair Value [Line Items]
Debt instrument, face amount | €				€ 700,000,000
Foreign Currency Derivatives
Derivatives, Fair Value [Line Items]
Derivative, lower remaining maturity range (months)	3 months
Derivative, higher remaining maturity range (months)	18 months
Derivative asset, fair value, gross asset	$ 198	139
Derivative liability, fair value, gross liability	121	81
Qualifying Hedges | Foreign Currency Derivatives
Derivatives, Fair Value [Line Items]
Derivative asset, fair value, gross asset	194	92
Derivative liability, fair value, gross liability	116	65
Economic Hedges | Foreign Currency Derivatives
Derivatives, Fair Value [Line Items]
Derivative asset, fair value, gross asset	4	47
Derivative liability, fair value, gross liability	5	$ 16
Euro Denominated Debt | Net Investment Hedging - Foreign Denominated Debt
Derivatives, Fair Value [Line Items]
Derivatives used in net investment hedge, increase (decrease), gross of tax	$ 1

Long Term Debt and Other Fina59

Long Term Debt and Other Financing Arrangements (Details)	Dec. 18, 2015USD ($)credit_facility	Nov. 20, 2015USD ($)	Jul. 28, 2015EUR (€)	Jul. 15, 2015USD ($)	Jun. 04, 2015USD ($)	Aug. 31, 2015USD ($)	Jun. 30, 2015USD ($)	Dec. 31, 2015USD ($)	Dec. 31, 2014USD ($)	Dec. 31, 2013USD ($)	Dec. 31, 2015EUR (€)	Dec. 31, 2012USD ($)
Debt Instrument [Line Items]
Subtotal								$ 23,792,000,000	$ 22,381,000,000
Debt due within one year								(198,000,000)	(1,118,000,000)
Total long-term debt								23,594,000,000	21,263,000,000
Unused committed capacity								7,177,000,000
Cash and equivalents								2,155,000,000	$ 2,618,000,000	$ 1,816,000,000		$ 2,760,000,000
Commercial paper								$ 0
Debt, weighted average interest rate (percent)								5.65%	5.83%		5.65%
Premiums paid and costs incurred on debt redemption								$ (72,000,000)	$ 0	$ 0
Capital Leases of Lessee [Abstract]
Capital leased assets, gross								125,000,000	113,000,000
Capital leases, lessee balance sheet, assets by major class, accumulated depreciation								81,000,000	69,000,000
Capital Leases, Future Minimum Payments, Net Minimum Payments, Fiscal Year Maturity [Abstract]
2,016								14,000,000
2,017								12,000,000
2,018								11,000,000
2,019								10,000,000
2,020								7,000,000
Thereafter								7,000,000
Total								61,000,000
Amount representing interest								(9,000,000)
Present value of minimum lease payments								52,000,000
Current portion								(11,000,000)
Total long-term portion								41,000,000
Notes 1.95% Due 2023 | Net Investment Hedging - Foreign Denominated Debt
Debt Instrument [Line Items]
Debt instrument, face amount | €											€ 700,000,000
Revolving Credit Facilities
Line of Credit Facility [Line Items]
Line of credit facility, amount outstanding								$ 0
Line of credit facility, maximum borrowing capacity	$ 5,000,000,000
Number of revolving credit facilities | credit_facility	2
Line of credit facility, unused capacity, commitment fee percentage								0.15%
Line of credit facility, maximum letters of credit issuance (not to exceed)								$ 500,000,000
Line of credit facility, maximum leverage ratio								4.5
Line of credit facility calculated leverage ratio								2.9
Line of credit facility, maximum borrowing capacity amount of potential increase (up to)								$ 500,000,000
Revolving Credit Facility A
Line of Credit Facility [Line Items]
Line of credit facility, maximum borrowing capacity	$ 2,500,000,000
Revolving Credit Facility B
Line of Credit Facility [Line Items]
Line of credit facility, maximum borrowing capacity	$ 2,500,000,000
London Interbank Offered Rate (LIBOR) | Revolving Credit Facilities
Line of Credit Facility [Line Items]
Variable interest rate on revolving credit facility (percent)								1.10%
Fixed-rate public debt
Debt Instrument [Line Items]
Subtotal								$ 23,572,000,000	$ 21,809,000,000
Debt, weighted average interest rate (percent)								5.67%	5.92%		5.67%
Debt instrument, interest rate, stated percentage rate range, minimum								1.95%
Debt instrument, interest rate, stated percentage rate range, maximum								9.15%
Long-term Debt, Fiscal Year Maturity [Abstract]
2,016								$ 150,000,000
2,017								500,000,000
2,018								600,000,000
2,019								650,000,000
2,020								1,400,000,000
Thereafter								$ 20,501,000,000
Fixed-rate public debt | Minimum
Debt Instrument [Line Items]
Debt instrument maturity (years)								5 years
Fixed-rate public debt | Maximum
Debt Instrument [Line Items]
Debt instrument maturity (years)								40 years
Fixed-rate public debt | June 2015 Debt Offering
Debt Instrument [Line Items]
Debt instrument, face amount					$ 2,100,000,000
Proceeds from issuance of debt					2,083,000,000
Fixed-rate public debt | Notes 3.60% Due 2025
Debt Instrument [Line Items]
Debt instrument, face amount					$ 1,500,000,000
Debt instrument, interest rate, stated percentage					3.60%
Fixed-rate public debt | Debentures 4.85% Due 2045
Debt Instrument [Line Items]
Debt instrument, face amount		$ 300,000,000			$ 600,000,000
Debt instrument, interest rate, stated percentage		4.85%			4.85%
Fixed-rate public debt | Notes 3.15% Due 2015
Debt Instrument [Line Items]
Debt instrument, interest rate, stated percentage				3.15%
Aggregate principal amount repurchased				$ 1,000,000,000
Fixed-rate public debt | Notes 1.95% Due 2023
Debt Instrument [Line Items]
Debt instrument, interest rate, stated percentage			1.95%
Proceeds from issuance of debt | €			€ 693,000,000
Fixed-rate public debt | Notes 1.95% Due 2023 | Net Investment Hedging - Foreign Denominated Debt
Debt Instrument [Line Items]
Debt instrument, face amount | €			€ 700,000,000
Fixed-rate public debt | November 2015 Debt Offering
Debt Instrument [Line Items]
Debt instrument, face amount		$ 900,000,000
Proceeds from issuance of debt		884,000,000
Fixed-rate public debt | Notes 3.875% Due 2026
Debt Instrument [Line Items]
Debt instrument, face amount		$ 600,000,000
Debt instrument, interest rate, stated percentage		3.875%
Fixed-rate public debt | 2016 Notes
Debt Instrument [Line Items]
Debt instrument, face amount							$ 1,000,000,000
Debt instrument, interest rate, stated percentage							5.875%
Aggregate principal amount repurchased						$ 313,000,000	$ 687,000,000
Premiums paid and costs incurred on debt redemption								$ (71,000,000)
Other obligations
Debt Instrument [Line Items]
Subtotal								$ 220,000,000	$ 572,000,000
Debt, weighted average interest rate (percent)								3.32%	2.59%		3.32%
Long-term Debt, Fiscal Year Maturity [Abstract]
2,018								$ 125,000,000

Income Taxes (Details)

Income Taxes (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Extraordinary Items, Noncontrolling Interest [Abstract]
Domestic	$ 4,733,000,000	$ 4,296,000,000	$ 4,836,000,000
Foreign	713,000,000	383,000,000	132,000,000
Income from continuing operations before income taxes	5,446,000,000	4,679,000,000	4,968,000,000
Federal:
Current	844,000,000	128,000,000	494,000,000
Deferred	349,000,000	152,000,000	802,000,000
Foreign:
Current	337,000,000	466,000,000	348,000,000
Deferred	(29,000,000)	0	(21,000,000)
State and Local:
Current	142,000,000	25,000,000	13,000,000
Deferred	8,000,000	14,000,000	(22,000,000)
Total	1,651,000,000	785,000,000	1,614,000,000
Foreign withholding taxes	236,000,000	279,000,000	273,000,000
Excess tax benefit from equity instruments	$ 151,000,000	$ 179,000,000	$ 179,000,000
Effective tax rate reconciliation, at federal statutory income tax rate (percent)	35.00%	35.00%	35.00%
Deferred tax assets:
Tax attribute carryforwards	$ 299,000,000	$ 305,000,000
Receivable allowances and return reserves	158,000,000	168,000,000
Royalties, participations and residuals	457,000,000	429,000,000
Equity-based compensation	188,000,000	218,000,000
Amortization	36,000,000	231,000,000
Other	1,322,000,000	1,407,000,000
Valuation allowances	(233,000,000)	(275,000,000)
Total deferred tax assets	2,227,000,000	2,483,000,000
Deferred tax liabilities:
Assets acquired in business combinations	2,817,000,000	2,874,000,000
Unbilled television receivables	1,117,000,000	998,000,000
Depreciation	235,000,000	264,000,000
Other	378,000,000	367,000,000
Total deferred tax liabilities	4,547,000,000	4,503,000,000
Net deferred tax liability	2,320,000,000	2,020,000,000
Tax credits	47,000,000
Capital losses	41,000,000
Net operating losses	211,000,000
Undistributed earnings in foreign subsidiaries	1,100,000,000
Adjustments to income tax expense, income tax deficiency from share based compensation	0	0	$ 0
Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns [Roll Forward]
Beginning balance	1,327,000,000	2,169,000,000	2,203,000,000
Additions for prior year tax positions	61,000,000	87,000,000	124,000,000
Additions for current year tax positions	62,000,000	69,000,000	76,000,000
Reductions for prior year tax positions	(75,000,000)	(968,000,000)	(140,000,000)
Settlements	(40,000,000)	(8,000,000)	(84,000,000)
Lapses in statute of limitations	(5,000,000)	(22,000,000)	(10,000,000)
Ending balance	1,330,000,000	1,327,000,000	$ 2,169,000,000
Interest reserves recorded through statement of operations	55,000,000	(62,000,000)
Interest payments	19,000,000	12,000,000
Interest and penalties accrued	$ 382,000,000	$ 346,000,000

Income Taxes 2 (Details)

Income Taxes 2 (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Income Tax Expense (Benefit), Continuing Operations, Income Tax Reconciliation [Abstract]
Taxes on income at U.S. federal statutory rate	$ 1,906	$ 1,638	$ 1,739
State and local taxes, net of federal tax effects	68	64	72
Domestic production activities deduction	(101)	(114)	(133)
Foreign rate differential	(129)	(20)	(10)
Federal tax settlement	0	(687)	0
Valuation allowances	(29)	(226)	3
Other	(64)	130	(57)
Total	$ 1,651	785	$ 1,614
U.S. federal | Domestic Tax Authority
Income Tax Contingency [Line Items]
Settlement, tax benefit		$ 687

Income Taxes 3 (Details)

Income Taxes 3 (Details)	Dec. 31, 2015USD ($)
Minimum
Significant Change in Unrecognized Tax Benefits is Reasonably Possible [Line Items]
Decrease in unrecognized tax benefits is reasonably possible	$ 0
Maximum
Significant Change in Unrecognized Tax Benefits is Reasonably Possible [Line Items]
Decrease in unrecognized tax benefits is reasonably possible	$ 100,000,000

Shareholders' Equity (Details)

Shareholders' Equity (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Jan. 31, 2016
Equity, Class of Treasury Stock [Line Items]
Shares Repurchased	45,000,000	77,000,000	60,000,000
Cost of Shares	$ 3,600,000,000	$ 5,500,000,000	$ 3,700,000,000
Time Warner common stock, shares outstanding (shares)	795,000,000	832,000,000
Treasury stock, shares	857,000,000	820,000,000
Preferred stock, shares authorized (up to)	750,000,000
Common stock, shares authorized (up to)	8,330,000,000
Additional series of common stock, shares authorized (up to)	600,000,000
Statement of Income and Comprehensive Income [Abstract]
Unrealized gains (losses) on foreign currency translation, Pretax	$ (319,000,000)	$ (243,000,000)	(38,000,000)
Unrealized gains (losses) on foreign currency translation, Tax (provision) benefit	30,000,000	15,000,000	16,000,000
Unrealized gains (losses) on foreign currency translation, Net of tax	(289,000,000)	(228,000,000)	(22,000,000)
Reclassification adjustment for (gains) losses on foreign currency translation realized in net income, Pretax	5,000,000		(9,000,000)
Reclassification adjustment for (gains) losses on foreign currency translation realized in net income, Tax (provision) benefit	0		3,000,000
Reclassification adjustment for (gains) losses on foreign currency translation realized in net income, Net of tax	5,000,000	0	(6,000,000)
Unrealized gains (losses) on securities, Pretax	1,000,000	(6,000,000)	22,000,000
Unrealized gains (losses) on securities, Tax (provision) benefit	0	2,000,000	(9,000,000)
Unrealized gains (losses) on securities, Net of tax	1,000,000	(4,000,000)	13,000,000
Reclassification adjustment for (gains) losses on securities realized in net income, Pretax		(16,000,000)
Reclassification adjustment for (gains) losses on securities realized in net income, Tax (provision) benefit		6,000,000
Reclassification adjustment for (gains) losses on securities realized in net income, Net of tax	0	(10,000,000)	0
Unrealized gains (losses) on benefit obligations, Pretax	(37,000,000)	(282,000,000)	203,000,000
Unrealized gains (losses) on benefit obligations, Tax (provision) benefit	11,000,000	95,000,000	(79,000,000)
Unrealized gains (losses) on benefit obligations, Net of tax	(26,000,000)	(187,000,000)	124,000,000
Reclassification adjustment for (gains) losses on benefit obligations realized in net income, Pretax	33,000,000	30,000,000	33,000,000
Reclassification adjustment for (gains) losses on benefit obligations realized in net income, Tax (provision) benefit	(11,000,000)	(11,000,000)	(11,000,000)
Reclassification adjustment for (gains) losses on benefit obligations realized in net income, Net of tax	22,000,000	19,000,000	22,000,000
Unrealized gains (losses) on derivative financial instruments, Pretax	137,000,000	13,000,000	45,000,000
Unrealized gains (losses) on derivative financial instruments, Tax (provision) benefit	(49,000,000)	(5,000,000)	(18,000,000)
Unrealized gains (losses) on derivative financial instruments, Net of tax	88,000,000	8,000,000	27,000,000
Reclassification adjustment for derivative financial instruments (gains) losses realized in net income, Pretax	(130,000,000)	(22,000,000)	(35,000,000)
Reclassification adjustment for derivative financial instruments (gains) losses realized in net income, Tax (provision) benefit	47,000,000	8,000,000	14,000,000
Reclassification adjustment for derivative financial instruments (gains) losses realized in net income, Net of tax	(83,000,000)	(14,000,000)	(21,000,000)
Other comprehensive income (loss), Pretax	(310,000,000)	(526,000,000)	221,000,000
Other comprehensive income (loss), Tax (provision) benefit	28,000,000	110,000,000	(84,000,000)
Other comprehensive income (loss)	(282,000,000)	(416,000,000)	137,000,000
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Pretax (gains) losses reclassified out of Accumulated Other Comprehensive Income to Selling, general and administrative expenses	4,824,000,000	5,190,000,000	4,934,000,000
Pretax (gains) losses reclassified out of Accumulated Other Comprehensive Income to Costs of revenues	16,154,000,000	15,875,000,000	14,935,000,000
Pretax (gains) losses reclassified out of Accumulated Other Comprehensive Income to Other loss, net	256,000,000	127,000,000	111,000,000
Pretax (gains) losses reclassified out of Accumulated Other Comprehensive Income to Gain (loss) on operating assets, net	1,000,000	(464,000,000)	(129,000,000)
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
Foreign currency translation losses	(583,000,000)	(299,000,000)
Net unrealized gains on securities	13,000,000	12,000,000
Net derivative financial instruments gains	17,000,000	12,000,000
Net unfunded/underfunded benefit obligation	(893,000,000)	(889,000,000)
Accumulated other comprehensive loss, net	(1,446,000,000)	(1,164,000,000)
Subsequent Event | January 2016 Plan
Equity, Class of Treasury Stock [Line Items]
Stock repurchase program, authorized amount (shares) (up to)				$ 5,000,000,000
Accumulated Translation Adjustment | Reclassification out of Accumulated Other Comprehensive Income
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Pretax (gains) losses reclassified out of Accumulated Other Comprehensive Income to Other loss, net			(9,000,000)
Pretax (gains) losses reclassified out of Accumulated Other Comprehensive Income to Gain (loss) on operating assets, net	5,000,000
Accumulated Net Unrealized Investment Gain (Loss) | Reclassification out of Accumulated Other Comprehensive Income
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Pretax (gains) losses reclassified out of Accumulated Other Comprehensive Income to Other loss, net		(16,000,000)
Accumulated Defined Benefit Plans Adjustment | Reclassification out of Accumulated Other Comprehensive Income
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Pretax (gains) losses reclassified out of Accumulated Other Comprehensive Income to Selling, general and administrative expenses	33,000,000	30,000,000	33,000,000
Accumulated Net Gain (Loss) from Designated or Qualifying Cash Flow Hedges | Reclassification out of Accumulated Other Comprehensive Income
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Pretax (gains) losses reclassified out of Accumulated Other Comprehensive Income to Selling, general and administrative expenses	(21,000,000)	(5,000,000)	(5,000,000)
Pretax (gains) losses reclassified out of Accumulated Other Comprehensive Income to Costs of revenues	(104,000,000)	(18,000,000)	(27,000,000)
Pretax (gains) losses reclassified out of Accumulated Other Comprehensive Income to Other loss, net	$ (5,000,000)	$ 1,000,000	$ (3,000,000)

Income Per Common Share (Detail

Income Per Common Share (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Earnings Per Share [Abstract]
Income from continuing operations attributable to Time Warner Inc. shareholders	$ 3,796	$ 3,894	$ 3,354
Income allocated to participating securities	(11)	(14)	(16)
Income from continuing operations attributable to Time Warner Inc. common shareholders — basic	$ 3,785	$ 3,880	$ 3,338
Average basic common shares outstanding (in shares)	814.9	863.3	920
Dilutive effect of equity awards (in shares)	14.6	19.3	22.6
Average common shares outstanding — diluted (in shares)	829.5	882.6	942.6
Antidilutive common share equivalents excluded from computation (in shares)	5	1	0
Income per common share from continuing operations attributable to Time Warner Inc common shareholders - basic (dollars per share)	$ 4.64	$ 4.49	$ 3.63
Income per common share from continuing operations attributable to Time Warner Inc common shareholders - diluted (dollars per share)	$ 4.58	$ 4.41	$ 3.56

Equity-Based Compensation (Deta

Equity-Based Compensation (Details) $ / shares in Units, shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2015USD ($)equity_plan$ / sharesshares	Dec. 31, 2014USD ($)$ / sharesshares	Dec. 31, 2013USD ($)$ / shares
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price [Abstract]
Share-based compensation arrangement by share-based payment award, number of shares available for grant (shares)	25,000
Cash received | $	$ 165,000	$ 338,000	$ 674,000
Employee Service Share-based Compensation, Aggregate Disclosures [Abstract]
Total impact on operating income | $	182,000	219,000	238,000
Tax benefit recognized | $	$ 64,000	76,000	78,000
Time Separation
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Ratio to maintain equity awards outstanding fair value	1.04
Ratio to maintain exercise price of stock options outstanding fair value	1.04
Aggregate increase in equity awards	2,000
2013 Stock Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of active equity plans | equity_plan	1
Share-based compensation arrangement by share-based payment award, number of shares authorized (shares)	36,000
Restricted Stock Unit
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Aggregate Intrinsic Value, Vested | $	$ 384,000	$ 366,000	$ 291,000
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Number of Shares/Units, Granted (shares)	2,000
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract]
Weighted-Average Grant Date Fair Value, Granted (in dollars per share) | $ / shares	$ 83.52	$ 65.56	$ 54.04
Restricted Stock Unit | 2013 Stock Incentive Plan | First Year Anniversary
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation arrangement by share-based payment award, award vesting rights (percentage)	25.00%
Restricted Stock Unit | 2013 Stock Incentive Plan | Second Year Anniversary
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation arrangement by share-based payment award, award vesting rights (percentage)	25.00%
Restricted Stock Unit | 2013 Stock Incentive Plan | Third Year Anniversary
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation arrangement by share-based payment award, award vesting rights (percentage)	25.00%
Restricted Stock Unit | 2013 Stock Incentive Plan | Fourth Year Anniversary
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation arrangement by share-based payment award, award vesting rights (percentage)	25.00%
Restricted Stock Unit | Prior Plan | Third Year Anniversary
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation arrangement by share-based payment award, award vesting rights (percentage)	50.00%
Restricted Stock Unit | Prior Plan | Fourth Year Anniversary
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation arrangement by share-based payment award, award vesting rights (percentage)	50.00%
Performance Stock Unit
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Aggregate Intrinsic Value, Vested | $	$ 30,000	$ 17,000	$ 27,000
Share-based compensation arrangement by share-based payment award, award requisite service period (years)	3 years
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Number of Shares/Units, Granted (shares)	100
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract]
Weighted-Average Grant Date Fair Value, Granted (in dollars per share) | $ / shares	$ 62.02	$ 64.54	$ 64.67
Payout adjustment	200
Stock Option
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation arrangement by share-based payment award, expiration period (years)	10 years
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions and Methodology [Abstract]
Expected volatility (percent)	25.00%	26.60%	29.60%
Expected term to exercise from grant date (years)	5 years 9 months 18 days	5 years 10 months 6 days	6 years 3 months 7 days
Risk-free rate (percent)	1.80%	1.90%	1.30%
Expected dividend yield (percent)	1.70%	1.70%	2.10%
Weighted average grant date fair value per option (in dollars per share) | $ / shares	$ 18.16	$ 16.94	$ 13.48
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]
Number of options outstanding at beginning of period (shares)	29,821
Number of options, Granted (shares)	3,379
Number of options, Exercised (shares)	(5,240)
Number of options, Forfeited or expired (shares)	(218)
Number of options outstanding at end of period (shares)	27,742	29,821
Exercisable at end of period (shares)	20,576
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price [Abstract]
Weighted average exercise price outstanding at beginning of period (in dollars per share) | $ / shares	$ 36.27
Weighted-Average Exercise Price, Granted (in dollars per share) | $ / shares	83.31
Weighted-Average Exercise Price, Exercised (in dollars per share) | $ / shares	31.27
Weighted-Average Exercise Price, Forfeited or expired (in dollars per share) | $ / shares	32.73
Weighted average exercise price outstanding at end of period (in dollars per share) | $ / shares	42.98	$ 36.27
Weighted average exercise price or exercisable (in dollars per share) | $ / shares	$ 32.62
Weighted- Average Remaining Contractual Life, outstanding (years)	4 years 10 months 10 days
Weighted- Average Remaining Contractual Life, exercisable (years)	3 years 7 months 6 days
Aggregate Intrinsic Value, outstanding | $	$ 702,685
Aggregate Intrinsic Value, exercisable | $	668,932
Total intrinsic value | $	270,000	$ 402,000	$ 491,000
Cash received | $	165,000	338,000	674,000
Tax benefits realized | $	96,000	143,000	178,000
Employee Service Share-based Compensation, Aggregate Disclosures [Abstract]
Total impact on operating income | $	39,000	$ 26,000	33,000
Employee service share-based compensation, nonvested awards, compensation cost not yet recognized | $	$ 67,000
Stock Option | First Year Anniversary
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation arrangement by share-based payment award, award vesting rights (percentage)	25.00%
Stock Option | Second Year Anniversary
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation arrangement by share-based payment award, award vesting rights (percentage)	25.00%
Stock Option | Third Year Anniversary
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation arrangement by share-based payment award, award vesting rights (percentage)	25.00%
Stock Option | Fourth Year Anniversary
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation arrangement by share-based payment award, award vesting rights (percentage)	25.00%
Stock Option | Minimum
Employee Service Share-based Compensation, Aggregate Disclosures [Abstract]
Employee service share-based compensation, nonvested awards, compensation cost not yet recognized, period for recognition (years)	1 year
Stock Option | Maximum
Employee Service Share-based Compensation, Aggregate Disclosures [Abstract]
Employee service share-based compensation, nonvested awards, compensation cost not yet recognized, period for recognition (years)	2 years
Restricted stock units and performance stock units
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Number of Shares/Units Unvested at beginning of period (shares)	11,109
Number of Shares/Units, Granted (shares)	2,310
Number of Shares/Units, Vested (shares)	(5,039)
Number of Shares/Units, Forfeited (shares)	(360)
Number of Shares/Units Unvested at end of period (shares)	8,020	11,109
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract]
Weighted-Average Grant Date Fair Value of Unvested at beginning of period (in dollars per share) | $ / shares	$ 48.68
Weighted-Average Grant Date Fair Value, Granted (in dollars per share) | $ / shares	81.86
Weighted-Average Grant Date Fair Value, Vested (in dollars per share) | $ / shares	43.58
Weighted-Average Grant Date Fair Value, Forfeited (in dollars per share) | $ / shares	50.15
Weighted-Average Grant Date Fair Value of Unvested at end of period (in dollars per share) | $ / shares	$ 59.58	$ 48.68
Aggregate Intrinsic Value Unvested at end of period | $	$ 518,653
Employee Service Share-based Compensation, Aggregate Disclosures [Abstract]
Total impact on operating income | $	143,000	$ 193,000	$ 205,000
Employee service share-based compensation, nonvested awards, compensation cost not yet recognized | $	$ 177,000
Restricted stock units and performance stock units | Minimum
Employee Service Share-based Compensation, Aggregate Disclosures [Abstract]
Employee service share-based compensation, nonvested awards, compensation cost not yet recognized, period for recognition (years)	1 year
Restricted stock units and performance stock units | Maximum
Employee Service Share-based Compensation, Aggregate Disclosures [Abstract]
Employee service share-based compensation, nonvested awards, compensation cost not yet recognized, period for recognition (years)	2 years

Benefit Plans (Details)

Benefit Plans (Details) - USD ($) $ in Millions	6 Months Ended	12 Months Ended
	Jun. 30, 2010	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Compensation and Retirement Disclosure [Abstract]
Retirement plan amendment service threshold	1 year
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Noncurrent liability					$ 908	$ 928
Defined Contribution Pension and Other Postretirement Plans Disclosure [Abstract]
Defined contribution plan, cost recognized		$ 153	$ 160	$ 153
Domestic | Equity investments
Defined Benefit Plan, Assets, Target Allocations [Abstract]
Defined benefit plan, target plan asset allocations (percent)		35.00%
Domestic | Equity investments | Scenario, Plan
Defined Benefit Plan, Assets, Target Allocations [Abstract]
Defined benefit plan, target plan asset allocations (percent)		20.00%
Domestic | Fixed income investments
Defined Benefit Plan, Assets, Target Allocations [Abstract]
Defined benefit plan, target plan asset allocations (percent)		65.00%
Domestic | Fixed income investments | Scenario, Plan
Defined Benefit Plan, Assets, Target Allocations [Abstract]
Defined benefit plan, target plan asset allocations (percent)		80.00%
International | Other investments
Defined Benefit Plan, Assets, Target Allocations [Abstract]
Defined benefit plan, target plan asset allocations (percent)		35.00%
International | Equity investments
Defined Benefit Plan, Assets, Target Allocations [Abstract]
Defined benefit plan, target plan asset allocations (percent)		45.00%
International | Fixed income investments
Defined Benefit Plan, Assets, Target Allocations [Abstract]
Defined benefit plan, target plan asset allocations (percent)		20.00%
Defined Benefit Pension Plans
Defined Benefit Plan, Change in Benefit Obligation [Roll Forward]
Projected benefit obligation, beginning of year		$ 3,694	3,311
Service cost		4	3
Interest cost		147	153
Actuarial loss (gain)		(204)	484
Benefits paid		(177)	(192)
Curtailments/Special termination benefit		(1)	(8)
Transfer out due to the Time Separation		0	(29)
Foreign currency exchange rates		(24)	(28)
Projected benefit obligation, end of year		3,439	3,694	3,311
Accumulated benefit obligation, end of year					3,405	3,660
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Fair value of plan assets, beginning of year		2,932	2,766
Actual return on plan assets		(84)	333
Employer contributions		49	51
Benefits paid		(177)	(192)
Foreign currency exchange rates		(22)	(26)
Fair value of plan assets, end of year		2,698	2,932	2,766
Net asset (liability)					(741)	(762)
Noncurrent liability					798	808
Pension and Other Postretirement Benefit Plans, Accumulated Other Comprehensive Income (Loss), before Tax [Abstract]
Net total in accumulated other comprehensive income					$ 1,402	$ 1,400
Components of Net Periodic Benefit Costs [Abstract]
Service Cost		4	3	3
Interest cost		83	91	79
Expected return on plan assets		(90)	(95)	(85)
Amortization of prior service cost		1	1	1
Amortization of net loss		17	14	16
Net periodic benefit costs		15	14	14
Net periodic benefit costs (income), related to discontinued operations		$ 5	$ 3	$ (2)
Weighted-average assumptions used to determine benefit obligations
Discount rate (percent)					4.59%	4.10%	4.90%
Rate of compensation increase (percent)					5.45%	5.34%	5.60%
Weighted-average assumptions used to determine net periodic benefit cost
Discount rate (percent)		4.10%	4.89%	4.07%
Rate of compensation increase (percent)		5.35%	5.59%	3.98%
Expected long-term return on plan assets (percent)		5.84%	6.01%	5.95%
Fair Value of Plan Assets
Total		$ 2,135	$ 2,135		$ 1,765	$ 2,135
Pooled investments					464	312
Commingled Trust Funds Measured Using NAV					469	486
Other Investments Measured Using NAV					67	75
Total Investments Measured Using NAV					1,000	873
Pension Plan Securities Loaned [Abstract]
Pension plan, securities loaned					67	78
Pension plan fair value, assets measured with unobservable input reconciliation
Balance at beginning of period		2,135
Balance at end of period		1,765	2,135
Defined Benefit Plan, Expected Future Benefit Payments, Fiscal Year Maturity [Abstract]
2,016					177
2,017					172
2,018					177
2,019					178
2,020					195
2021-2025					1,014
Defined Benefit Pension Plans | Cash and cash equivalents
Fair Value of Plan Assets
Total		133	133		80	133
Pension Plan Securities Loaned [Abstract]
Defined Benefit Plan Assets, cash collateral for securities on loan					10	10
Pension plan fair value, assets measured with unobservable input reconciliation
Balance at beginning of period		133
Balance at end of period		80	133
Defined Benefit Pension Plans | Insurance contracts
Fair Value of Plan Assets
Total		14	14		15	14
Pension plan fair value, assets measured with unobservable input reconciliation
Balance at beginning of period		14
Balance at end of period		15	14
Defined Benefit Pension Plans | Domestic equities
Fair Value of Plan Assets
Total		157	157		142	157
Pension plan fair value, assets measured with unobservable input reconciliation
Balance at beginning of period		157
Balance at end of period		142	157
Defined Benefit Pension Plans | International equities
Fair Value of Plan Assets
Total		8	8		6	8
Pension plan fair value, assets measured with unobservable input reconciliation
Balance at beginning of period		8
Balance at end of period		6	8
Defined Benefit Pension Plans | U.S. government and agency securities
Fair Value of Plan Assets
Total		329	329		258	329
Pension Plan Securities Loaned [Abstract]
Defined Benefit Plan Assets, securities collateral for securities on loan					59	70
Pension plan fair value, assets measured with unobservable input reconciliation
Balance at beginning of period		329
Balance at end of period		258	329
Defined Benefit Pension Plans | Non-U.S. government and agency securities
Fair Value of Plan Assets
Total		112	112		0	112
Pension plan fair value, assets measured with unobservable input reconciliation
Balance at beginning of period		112
Balance at end of period		0	112
Defined Benefit Pension Plans | Municipal bonds
Fair Value of Plan Assets
Total		23	23		21	23
Pension plan fair value, assets measured with unobservable input reconciliation
Balance at beginning of period		23
Balance at end of period		21	23
Defined Benefit Pension Plans | Investment grade corporate bonds
Fair Value of Plan Assets
Total		1,187	1,187		1,107	1,187
Pension plan fair value, assets measured with unobservable input reconciliation
Balance at beginning of period		1,187
Balance at end of period		1,107	1,187
Defined Benefit Pension Plans | Non-investment grade corporate bonds
Fair Value of Plan Assets
Total		20	20		19	20
Pension plan fair value, assets measured with unobservable input reconciliation
Balance at beginning of period		20
Balance at end of period		19	20
Defined Benefit Pension Plans | Other investments
Fair Value of Plan Assets
Total		185	185		158	185
Pension plan fair value, assets measured with unobservable input reconciliation
Balance at beginning of period		185
Balance at end of period		158	185
Defined Benefit Pension Plans | Derivatives
Fair Value of Plan Assets
Total		(33)	(33)		(41)	(33)
Pension plan fair value, assets measured with unobservable input reconciliation
Balance at beginning of period		(33)
Balance at end of period		(41)	(33)
Defined Benefit Pension Plans | Level 1
Fair Value of Plan Assets
Total		787	787		556	787
Pension plan fair value, assets measured with unobservable input reconciliation
Balance at beginning of period		787
Balance at end of period		556	787
Defined Benefit Pension Plans | Level 1 | Cash and cash equivalents
Fair Value of Plan Assets
Total		133	133		80	133
Pension plan fair value, assets measured with unobservable input reconciliation
Balance at beginning of period		133
Balance at end of period		80	133
Defined Benefit Pension Plans | Level 1 | Insurance contracts
Fair Value of Plan Assets
Total		0	0		0	0
Pension plan fair value, assets measured with unobservable input reconciliation
Balance at beginning of period		0
Balance at end of period		0	0
Defined Benefit Pension Plans | Level 1 | Domestic equities
Fair Value of Plan Assets
Total		157	157		142	157
Pension plan fair value, assets measured with unobservable input reconciliation
Balance at beginning of period		157
Balance at end of period		142	157
Defined Benefit Pension Plans | Level 1 | International equities
Fair Value of Plan Assets
Total		8	8		6	8
Pension plan fair value, assets measured with unobservable input reconciliation
Balance at beginning of period		8
Balance at end of period		6	8
Defined Benefit Pension Plans | Level 1 | U.S. government and agency securities
Fair Value of Plan Assets
Total		259	259		190	259
Pension plan fair value, assets measured with unobservable input reconciliation
Balance at beginning of period		259
Balance at end of period		190	259
Defined Benefit Pension Plans | Level 1 | Non-U.S. government and agency securities
Fair Value of Plan Assets
Total		112	112		0	112
Pension plan fair value, assets measured with unobservable input reconciliation
Balance at beginning of period		112
Balance at end of period		0	112
Defined Benefit Pension Plans | Level 1 | Municipal bonds
Fair Value of Plan Assets
Total		0	0		0	0
Pension plan fair value, assets measured with unobservable input reconciliation
Balance at beginning of period		0
Balance at end of period		0	0
Defined Benefit Pension Plans | Level 1 | Investment grade corporate bonds
Fair Value of Plan Assets
Total		0	0		0	0
Pension plan fair value, assets measured with unobservable input reconciliation
Balance at beginning of period		0
Balance at end of period		0	0
Defined Benefit Pension Plans | Level 1 | Non-investment grade corporate bonds
Fair Value of Plan Assets
Total		0	0		0	0
Pension plan fair value, assets measured with unobservable input reconciliation
Balance at beginning of period		0
Balance at end of period		0	0
Defined Benefit Pension Plans | Level 1 | Other investments
Fair Value of Plan Assets
Total		118	118		138	118
Pension plan fair value, assets measured with unobservable input reconciliation
Balance at beginning of period		118
Balance at end of period		138	118
Defined Benefit Pension Plans | Level 1 | Derivatives
Fair Value of Plan Assets
Total		0	0		0	0
Pension plan fair value, assets measured with unobservable input reconciliation
Balance at beginning of period		0
Balance at end of period		0	0
Defined Benefit Pension Plans | Level 2
Fair Value of Plan Assets
Total		1,316	1,316		1,209	1,316
Pension plan fair value, assets measured with unobservable input reconciliation
Balance at beginning of period		1,316
Balance at end of period		1,209	1,316
Defined Benefit Pension Plans | Level 2 | Cash and cash equivalents
Fair Value of Plan Assets
Total		0	0		0	0
Pension plan fair value, assets measured with unobservable input reconciliation
Balance at beginning of period		0
Balance at end of period		0	0
Defined Benefit Pension Plans | Level 2 | Insurance contracts
Fair Value of Plan Assets
Total		14	14		15	14
Pension plan fair value, assets measured with unobservable input reconciliation
Balance at beginning of period		14
Balance at end of period		15	14
Defined Benefit Pension Plans | Level 2 | Domestic equities
Fair Value of Plan Assets
Total		0	0		0	0
Pension plan fair value, assets measured with unobservable input reconciliation
Balance at beginning of period		0
Balance at end of period		0	0
Defined Benefit Pension Plans | Level 2 | International equities
Fair Value of Plan Assets
Total		0	0		0	0
Pension plan fair value, assets measured with unobservable input reconciliation
Balance at beginning of period		0
Balance at end of period		0	0
Defined Benefit Pension Plans | Level 2 | U.S. government and agency securities
Fair Value of Plan Assets
Total		70	70		68	70
Pension plan fair value, assets measured with unobservable input reconciliation
Balance at beginning of period		70
Balance at end of period		68	70
Defined Benefit Pension Plans | Level 2 | Non-U.S. government and agency securities
Fair Value of Plan Assets
Total		0	0		0	0
Pension plan fair value, assets measured with unobservable input reconciliation
Balance at beginning of period		0
Balance at end of period		0	0
Defined Benefit Pension Plans | Level 2 | Municipal bonds
Fair Value of Plan Assets
Total		23	23		21	23
Pension plan fair value, assets measured with unobservable input reconciliation
Balance at beginning of period		23
Balance at end of period		21	23
Defined Benefit Pension Plans | Level 2 | Investment grade corporate bonds
Fair Value of Plan Assets
Total		1,187	1,187		1,107	1,187
Pension plan fair value, assets measured with unobservable input reconciliation
Balance at beginning of period		1,187
Balance at end of period		1,107	1,187
Defined Benefit Pension Plans | Level 2 | Non-investment grade corporate bonds
Fair Value of Plan Assets
Total		20	20		19	20
Pension plan fair value, assets measured with unobservable input reconciliation
Balance at beginning of period		20
Balance at end of period		19	20
Defined Benefit Pension Plans | Level 2 | Other investments
Fair Value of Plan Assets
Total		2	2		20	2
Pension plan fair value, assets measured with unobservable input reconciliation
Balance at beginning of period		2
Balance at end of period		20	2
Defined Benefit Pension Plans | Level 2 | Derivatives
Fair Value of Plan Assets
Total		0	0		(41)	0
Pension plan fair value, assets measured with unobservable input reconciliation
Balance at beginning of period		0
Balance at end of period		(41)	0
Defined Benefit Pension Plans | Level 3
Fair Value of Plan Assets
Total		32	0	$ 0	0	32	$ 0
Pension plan fair value, assets measured with unobservable input reconciliation
Balance at beginning of period		32	0
Relating to securities still held at end of period		(6)	26
Relating to securities disposed of during the period		(5)	0
Purchases		0	0
Sales		0	0
Settlements		(53)	(2)
Transfers in and/or out of Level 3		32	8
Balance at end of period		0	32	0
Defined Benefit Pension Plans | Level 3 | Cash and cash equivalents
Fair Value of Plan Assets
Total		0	0		0	0
Pension plan fair value, assets measured with unobservable input reconciliation
Balance at beginning of period		0
Balance at end of period		0	0
Defined Benefit Pension Plans | Level 3 | Insurance contracts
Fair Value of Plan Assets
Total		0	0		0	0
Pension plan fair value, assets measured with unobservable input reconciliation
Balance at beginning of period		0
Balance at end of period		0	0
Defined Benefit Pension Plans | Level 3 | Domestic equities
Fair Value of Plan Assets
Total		0	0		0	0
Pension plan fair value, assets measured with unobservable input reconciliation
Balance at beginning of period		0
Balance at end of period		0	0
Defined Benefit Pension Plans | Level 3 | International equities
Fair Value of Plan Assets
Total		0	0		0	0
Pension plan fair value, assets measured with unobservable input reconciliation
Balance at beginning of period		0
Balance at end of period		0	0
Defined Benefit Pension Plans | Level 3 | U.S. government and agency securities
Fair Value of Plan Assets
Total		0	0		0	0
Pension plan fair value, assets measured with unobservable input reconciliation
Balance at beginning of period		0
Balance at end of period		0	0
Defined Benefit Pension Plans | Level 3 | Non-U.S. government and agency securities
Fair Value of Plan Assets
Total		0	0		0	0
Pension plan fair value, assets measured with unobservable input reconciliation
Balance at beginning of period		0
Balance at end of period		0	0
Defined Benefit Pension Plans | Level 3 | Municipal bonds
Fair Value of Plan Assets
Total		0	0		0	0
Pension plan fair value, assets measured with unobservable input reconciliation
Balance at beginning of period		0
Balance at end of period		0	0
Defined Benefit Pension Plans | Level 3 | Investment grade corporate bonds
Fair Value of Plan Assets
Total		0	0		0	0
Pension plan fair value, assets measured with unobservable input reconciliation
Balance at beginning of period		0
Balance at end of period		0	0
Defined Benefit Pension Plans | Level 3 | Non-investment grade corporate bonds
Fair Value of Plan Assets
Total		0	0		0	0
Pension plan fair value, assets measured with unobservable input reconciliation
Balance at beginning of period		0
Balance at end of period		0	0
Defined Benefit Pension Plans | Level 3 | Other investments
Fair Value of Plan Assets
Total		65	65		0	65
Pension plan fair value, assets measured with unobservable input reconciliation
Balance at beginning of period		65
Balance at end of period		0	65
Defined Benefit Pension Plans | Level 3 | Derivatives
Fair Value of Plan Assets
Total		(33)	(33)		0	(33)
Pension plan fair value, assets measured with unobservable input reconciliation
Balance at beginning of period		(33)
Balance at end of period		0	(33)
Other Postretirement Benefit Plans
Defined Benefit Plan, Change in Benefit Obligation [Roll Forward]
Projected benefit obligation, beginning of year		104
Projected benefit obligation, end of year		93	104
Pension and Other Postretirement Benefit Plans, Accumulated Other Comprehensive Income (Loss), before Tax [Abstract]
Net total in accumulated other comprehensive income					19	17
Components of Net Periodic Benefit Costs [Abstract]
Net periodic benefit costs		2	2	(32)
Curtailment (gain) loss				$ (38)
Defined Benefit Pension Plans, Funded Plans
Defined Benefit Plan Plans With Benefit Obligations In Excess Of Plan Assets
Defined benefit plan, pension plans with accumulated benefit obligations in excess of plan assets, aggregate projected benefit obligation					414
Defined Benefit Plan, Pension Plans with Accumulated Benefit Obligations in Excess of Plan Assets [Abstract]
Defined benefit plan, pension plans with accumulated benefit obligations in excess of plan assets, aggregate benefit obligation					413
Pension and Other Postretirement Benefit Contributions [Abstract]
Contributions		20
Defined Benefit Pension Plans, Unfunded Plans
Defined Benefit Plan Plans With Benefit Obligations In Excess Of Plan Assets
Defined benefit plan, pension plans with accumulated benefit obligations in excess of plan assets, aggregate projected benefit obligation					417	449
Defined Benefit Plan, Pension Plans with Accumulated Benefit Obligations in Excess of Plan Assets [Abstract]
Defined benefit plan, pension plans with accumulated benefit obligations in excess of plan assets, aggregate benefit obligation					410	442
The CW sub-plan
Fair Value of Plan Assets
Total		20	20		$ 18	$ 20
Pension plan fair value, assets measured with unobservable input reconciliation
Balance at beginning of period		20
Balance at end of period		$ 18	$ 20

Benefit Plans 2 (Details)

Benefit Plans 2 (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Mar. 31, 2016
Multiemployer Plans, Pension
Multiemployer Plans [Line Items]
Multiemployer plan, period contributions (less than)	$ 151,000,000	$ 125,000,000	$ 113,000,000
Multiemployer plans, funded status	At least 80 percent
Radio Television & Recording Artists Pension Plan | Home Box Office
Multiemployer Plans [Line Items]
Multiemployer plans, funded status		Less than 65 percent
Radio Television & Recording Artists Pension Plan | Home Box Office | Minimum
Multiemployer Plans [Line Items]
Multiemployer plans, collective-bargaining arrangement, percentage of contributions (greater than)		5.00%
Radio Television & Recording Artists Pension Plan | Home Box Office | Maximum
Multiemployer Plans [Line Items]
Multiemployer plan, period contributions (less than)	$ 1,000,000	$ 1,000,000	1,000,000
Radio Television & Recording Artists Pension Plan | Home Box Office | Maximum | Scenario, Forecast
Multiemployer Plans [Line Items]
Multiemployer plans, withdrawal obligation				$ 25,000,000
Multiemployer Plans Health and Welfare Benefits
Multiemployer Plans [Line Items]
Multiemployer plan, period contributions (less than)	$ 231,000,000	$ 213,000,000	$ 193,000,000

Restructuring and Severance C68

Restructuring and Severance Costs (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Restructuring Cost and Reserve [Line Items]
Total restructuring and severance costs	$ 60	$ 512	$ 183
Corporate
Restructuring Cost and Reserve [Line Items]
Total restructuring and severance costs	1	31	2
2015 initiatives
Restructuring Cost and Reserve [Line Items]
Total restructuring and severance costs	76	0	0
2015 initiatives | Corporate
Restructuring Cost and Reserve [Line Items]
Total restructuring and severance costs	3
2014 initiatives
Restructuring Cost and Reserve [Line Items]
Total restructuring and severance costs	(15)	506	0
2014 initiatives | Corporate
Restructuring Cost and Reserve [Line Items]
Total restructuring and severance costs	(2)	31
2013 and prior initiatives
Restructuring Cost and Reserve [Line Items]
Total restructuring and severance costs	(1)	6	183
Turner | Operating Segments
Restructuring Cost and Reserve [Line Items]
Total restructuring and severance costs	58	249	93
Turner | 2015 initiatives | Operating Segments
Restructuring Cost and Reserve [Line Items]
Total restructuring and severance costs	58
Turner | 2014 initiatives | Operating Segments
Restructuring Cost and Reserve [Line Items]
Total restructuring and severance costs		246
Turner | 2013 and prior initiatives | Operating Segments
Restructuring Cost and Reserve [Line Items]
Total restructuring and severance costs		3
Home Box Office | Operating Segments
Restructuring Cost and Reserve [Line Items]
Total restructuring and severance costs	0	63	39
Home Box Office | 2015 initiatives | Operating Segments
Restructuring Cost and Reserve [Line Items]
Total restructuring and severance costs	15
Home Box Office | 2014 initiatives | Operating Segments
Restructuring Cost and Reserve [Line Items]
Total restructuring and severance costs	(15)	64
Home Box Office | 2013 and prior initiatives | Operating Segments
Restructuring Cost and Reserve [Line Items]
Total restructuring and severance costs		(1)
Warner Bros. | Operating Segments
Restructuring Cost and Reserve [Line Items]
Total restructuring and severance costs	1	169	$ 49
Warner Bros. | 2014 initiatives | Operating Segments
Restructuring Cost and Reserve [Line Items]
Total restructuring and severance costs	2	165
Warner Bros. | 2013 and prior initiatives | Operating Segments
Restructuring Cost and Reserve [Line Items]
Total restructuring and severance costs	$ (1)	$ 4

Restructuring and Severance C69

Restructuring and Severance Costs (Accrued Restructuring and Severance Costs) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Restructuring Reserve [Roll Forward]
Remaining liability, beginning balance	$ 534	$ 186	$ 99
Net accruals	60	512	183
Foreign currency translation adjustment	(3)
Noncash reductions	(1)	(3)	(1)
Cash paid	(337)	(161)	(95)
Remaining liability, ending balance	253	534	186
Restructuring Reserve [Abstract]
Restructuring reserve, current	213
Restructuring reserve, noncurrent	40
Employee Terminations
Restructuring Reserve [Roll Forward]
Remaining liability, beginning balance	525	180	93
Net accruals	43	499	174
Foreign currency translation adjustment	(3)
Noncash reductions	(1)	(3)	(1)
Cash paid	(325)	(151)	(86)
Remaining liability, ending balance	239	525	180
Other Exit Costs
Restructuring Reserve [Roll Forward]
Remaining liability, beginning balance	9	6	6
Net accruals	17	13	9
Foreign currency translation adjustment	0
Noncash reductions	0	0	0
Cash paid	(12)	(10)	(9)
Remaining liability, ending balance	$ 14	$ 9	$ 6

Segment Information (Details)

Segment Information (Details) $ in Millions	12 Months Ended
	Dec. 31, 2015USD ($)segment	Dec. 31, 2014USD ($)	Dec. 31, 2013USD ($)
Segment Reporting [Abstract]
Number of reportable segments | segment	3
Revenues:
Subscription	$ 10,153	$ 9,945	$ 9,250
Advertising	4,569	4,502	4,530
Content	12,771	12,350	12,154
Other	625	562	527
Total revenues	28,118	27,359	26,461
Total depreciation of property, plant and equipment	(492)	(531)	(550)
Total amortization of intangible assets	(189)	(202)	(209)
Total operating income	6,865	5,975	6,268
Total assets	63,848	63,146
Total capital expenditures	$ 423	$ 474	$ 568
Segments, Geographical Areas [Abstract]
Percent long-lived hard assets located in foreign countries	1.00%
Percent of Europe revenues in EuroZone	49.00%	48.00%	48.00%
Corporate
Revenues:
Total depreciation of property, plant and equipment	$ (21)	$ (27)	$ (28)
Total operating income	(367)	(73)	(394)
Total assets	3,276	3,447
Total capital expenditures	76	37	77
Intersegment eliminations
Revenues:
Total revenues	(1,085)	(961)	(724)
Total operating income	(149)	149	61
United States and Canada
Revenues:
Total revenues	20,426	19,102	18,642
Europe
Revenues:
Total revenues	4,485	4,684	4,494
Asia/Pacific Rim
Revenues:
Total revenues	1,619	1,711	1,629
Latin America
Revenues:
Total revenues	1,284	1,575	1,475
All Other
Revenues:
Total revenues	304	287	221
Turner | Operating Segments
Revenues:
Total revenues	10,596	10,396	9,983
Total depreciation of property, plant and equipment	(193)	(209)	(231)
Total amortization of intangible assets	(16)	(16)	(21)
Total operating income	4,087	2,954	3,486
Total assets	25,559	25,271
Total capital expenditures	157	173	210
Turner | Intersegment eliminations
Revenues:
Total revenues	(105)	(101)	(85)
Home Box Office | Operating Segments
Revenues:
Total revenues	5,615	5,398	4,890
Total depreciation of property, plant and equipment	(81)	(77)	(91)
Total amortization of intangible assets	(14)	(14)	(9)
Total operating income	1,878	1,786	1,791
Total assets	14,314	13,869
Total capital expenditures	68	58	45
Home Box Office | Intersegment eliminations
Revenues:
Total revenues	(40)	(36)	(14)
Warner Bros. | Operating Segments
Revenues:
Total revenues	12,992	12,526	12,312
Total depreciation of property, plant and equipment	(197)	(218)	(200)
Total amortization of intangible assets	(159)	(172)	(179)
Total operating income	1,416	1,159	1,324
Total assets	20,699	20,559
Total capital expenditures	122	206	236
Warner Bros. | Intersegment eliminations
Revenues:
Total revenues	$ (940)	$ (824)	$ (625)

Commitments and Contingencies71

Commitments and Contingencies (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Other Commitments [Abstract]
Operating leases, rent expense	$ 333,000,000	$ 358,000,000	$ 316,000,000
Operating leases, sublease revenue	15,000,000	33,000,000	$ 41,000,000
Purchase Obligation, Fiscal Year Maturity [Abstract]
2,016	5,381,000,000
2,017	4,364,000,000
2,018	3,728,000,000
2,019	3,386,000,000
2,020	3,262,000,000
Thereafter	11,919,000,000
Total	32,040,000,000
Operating Leases, Future Minimum Payments Due, Fiscal Year Maturity [Abstract]
2,016	314,000,000
2,017	300,000,000
2,018	275,000,000
2,019	135,000,000
2,020	82,000,000
Thereafter	154,000,000
Total	1,260,000,000
Operating leases, future minimum payments due, future minimum sublease rentals	19,000,000
Other Commitments [Line Items]
Total Contingent Commitment	2,438,000,000
2,016	383,000,000
2017-2018	466,000,000
2019-2020	359,000,000
Thereafter	1,230,000,000
Programming Licensing Backlog [Abstract]
Backlog	6,300,000,000	6,500,000,000
Intercompany backlog - Warner Bros. segment to Home Box Office segment	737,000,000	788,000,000
Intercompany backlog - Warner Bros. segment to Turner segment	619,000,000	$ 700,000,000
Guarantees
Other Commitments [Line Items]
Total Contingent Commitment	1,650,000,000
2,016	133,000,000
2017-2018	458,000,000
2019-2020	359,000,000
Thereafter	700,000,000
Minimum
Loss Contingencies [Line Items]
Loss contingency, range of possible loss, portion not accrued	0
Maximum
Loss Contingencies [Line Items]
Loss contingency, range of possible loss, portion not accrued	130,000,000
Six Flags
Other Commitments [Line Items]
Six Flags, net present value	421,000,000
Six Flags, guarantee payments made	0
Six Flags, guarantor obligations, current carrying value	0
Six Flags | Guarantees
Other Commitments [Line Items]
Total Contingent Commitment	905,000,000
Letters of credit and other contingent commitments
Other Commitments [Line Items]
Total Contingent Commitment	788,000,000
2,016	250,000,000
2017-2018	8,000,000
2019-2020	0
Thereafter	$ 530,000,000

Related Party Transactions (Det

Related Party Transactions (Details) - Equity Method Investee - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Related Party Transaction [Line Items]
Receivables due from related parties	$ 110	$ 166
Revenues	390	404	$ 464
Expenses	(5)	(8)	(35)
Interest income	126	62	0
Other income, net	$ 17	$ 16	$ 8

Additional Financial Informat73

Additional Financial Information (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Cash Flows [Abstract]
Cash payments made for interest	$ (1,262)	$ (1,274)	$ (1,202)
Interest income received	35	50	44
Cash interest payments, net	(1,227)	(1,224)	(1,158)
Cash payments made for income taxes	(1,135)	(1,602)	(1,174)
Income tax refunds received	142	108	87
TWC tax sharing payments	(4)	0	0
Cash tax payments, net	(997)	(1,494)	(1,087)
Interest Expense, Net [Abstract]
Interest income	219	184	92
Interest expense	(1,382)	(1,353)	(1,281)
Total interest expense, net	(1,163)	(1,169)	(1,189)
Other Income (Loss), Net [Abstract]
Investment gains (losses), net	(31)	30	61
Loss on equity method investees	(123)	(153)	(150)
Premiums paid and costs incurred on debt redemption	(72)	0	0
Other	(30)	(4)	(22)
Total other loss, net	(256)	(127)	$ (111)
Accounts Payable and Accrued Liabilities [Abstract]
Accounts payable	653	574
Accrued expenses	1,946	2,173
Participations payable	2,422	2,551
Programming costs payable	712	722
Accrued compensation	957	1,034
Accrued interest	341	303
Accrued income taxes	157	150
Total accounts payable and accrued liabilities	7,188	7,507
Other Noncurrent Liabilities [Abstract]
Noncurrent tax and interest reserves	1,535	1,520
Participations payable	1,512	1,076
Programming costs payable	816	959
Noncurrent pension and post-retirement liabilities	908	928
Deferred compensation	471	531
Other noncurrent liabilities	556	670
Total other noncurrent liabilities	$ 5,798	$ 5,684

Supplementary Information - C74

Supplementary Information - Condensed Consolidating Financial Statements - Balance Sheet (Details) - USD ($) $ in Millions	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Current assets
Cash and equivalents	$ 2,155	$ 2,618	$ 1,816	$ 2,760
Receivables, net	7,411	7,720
Inventories	1,753	1,700
Deferred income taxes	0	184
Prepaid expenses and other current assets	1,194	958
Total current assets	12,513	13,180
Noncurrent inventories and theatrical film and television production costs	7,600	6,841
Investments in amounts due to and from consolidated subsidiaries	0	0
Investments, including available-for-sale securities	2,617	2,326
Property, plant and equipment, net	2,596	2,655
Intangible assets subject to amortization, net	949	1,141
Intangible assets not subject to amortization	7,029	7,032
Goodwill	27,689	27,565	27,401
Other assets	2,855	2,406
Total assets	63,848	63,146
Current liabilities
Accounts payable and accrued liabilities	7,188	7,507
Deferred revenue	616	579
Debt due within one year	198	1,118
Total current liabilities	8,002	9,204
Long-term debt	23,594	21,263
Deferred income taxes	2,454	2,204
Deferred revenue	352	315
Other noncurrent liabilities	5,798	5,684
Redeemable noncontrolling interest	29	0
Equity
Due to (from) Time Warner Inc. and subsidiaries	0	0
Other shareholders’ equity	23,619	24,476
Total equity	23,619	24,476	29,904	29,797
Total liabilities and equity	63,848	63,146
Eliminations
Current assets
Cash and equivalents	0	0	0	0
Receivables, net	(12)	(7)
Inventories	(6)	0
Deferred income taxes	0	(49)
Prepaid expenses and other current assets	0	0
Total current assets	(18)	(56)
Noncurrent inventories and theatrical film and television production costs	(98)	(85)
Investments in amounts due to and from consolidated subsidiaries	(69,709)	(68,109)
Investments, including available-for-sale securities	(4)	0
Property, plant and equipment, net	0	0
Intangible assets subject to amortization, net	0	0
Intangible assets not subject to amortization	0	0
Goodwill	0	0
Other assets	(253)	0
Total assets	(70,082)	(68,250)
Current liabilities
Accounts payable and accrued liabilities	(99)	(180)
Deferred revenue	(60)	(27)
Debt due within one year	0	0
Total current liabilities	(159)	(207)
Long-term debt	0	0
Deferred income taxes	(4,855)	(4,283)
Deferred revenue	(6)	(24)
Other noncurrent liabilities	(1,120)	(1,062)
Redeemable noncontrolling interest	0
Equity
Due to (from) Time Warner Inc. and subsidiaries	44,362	36,358
Other shareholders’ equity	(108,304)	(99,032)
Total equity	(63,942)	(62,674)
Total liabilities and equity	(70,082)	(68,250)
Parent Company
Current assets
Cash and equivalents	976	1,623	1,039	1,861
Receivables, net	100	93
Inventories	0	0
Deferred income taxes	0	184
Prepaid expenses and other current assets	494	360
Total current assets	1,570	2,260
Noncurrent inventories and theatrical film and television production costs	0	0
Investments in amounts due to and from consolidated subsidiaries	46,025	44,407
Investments, including available-for-sale securities	281	186
Property, plant and equipment, net	93	73
Intangible assets subject to amortization, net	0	0
Intangible assets not subject to amortization	0	0
Goodwill	0	0
Other assets	406	327
Total assets	48,375	47,253
Current liabilities
Accounts payable and accrued liabilities	752	744
Deferred revenue	0	0
Debt due within one year	34	1,100
Total current liabilities	786	1,844
Long-term debt	19,719	17,006
Deferred income taxes	2,454	2,204
Deferred revenue	0	0
Other noncurrent liabilities	1,797	1,723
Redeemable noncontrolling interest	0
Equity
Due to (from) Time Warner Inc. and subsidiaries	0	0
Other shareholders’ equity	23,619	24,476
Total equity	23,619	24,476
Total liabilities and equity	48,375	47,253
Guarantor Subsidiaries
Current assets
Cash and equivalents	288	290	148	295
Receivables, net	983	996
Inventories	496	453
Deferred income taxes	0	42
Prepaid expenses and other current assets	94	120
Total current assets	1,861	1,901
Noncurrent inventories and theatrical film and television production costs	1,807	1,744
Investments in amounts due to and from consolidated subsidiaries	11,146	11,333
Investments, including available-for-sale securities	389	417
Property, plant and equipment, net	372	377
Intangible assets subject to amortization, net	0	0
Intangible assets not subject to amortization	2,007	2,007
Goodwill	9,880	9,880
Other assets	306	145
Total assets	27,768	27,804
Current liabilities
Accounts payable and accrued liabilities	982	953
Deferred revenue	89	57
Debt due within one year	159	9
Total current liabilities	1,230	1,019
Long-term debt	3,866	3,995
Deferred income taxes	2,786	2,443
Deferred revenue	0	17
Other noncurrent liabilities	1,731	1,844
Redeemable noncontrolling interest	0
Equity
Due to (from) Time Warner Inc. and subsidiaries	(48,141)	(43,026)
Other shareholders’ equity	66,296	61,512
Total equity	18,155	18,486
Total liabilities and equity	27,768	27,804
Non-Guarantor Subsidiaries
Current assets
Cash and equivalents	891	705	$ 629	$ 604
Receivables, net	6,340	6,638
Inventories	1,263	1,247
Deferred income taxes	0	7
Prepaid expenses and other current assets	606	478
Total current assets	9,100	9,075
Noncurrent inventories and theatrical film and television production costs	5,891	5,182
Investments in amounts due to and from consolidated subsidiaries	12,538	12,369
Investments, including available-for-sale securities	1,951	1,723
Property, plant and equipment, net	2,131	2,205
Intangible assets subject to amortization, net	949	1,141
Intangible assets not subject to amortization	5,022	5,025
Goodwill	17,809	17,685
Other assets	2,396	1,934
Total assets	57,787	56,339
Current liabilities
Accounts payable and accrued liabilities	5,553	5,990
Deferred revenue	587	549
Debt due within one year	5	9
Total current liabilities	6,145	6,548
Long-term debt	9	262
Deferred income taxes	2,069	1,840
Deferred revenue	358	322
Other noncurrent liabilities	3,390	3,179
Redeemable noncontrolling interest	29
Equity
Due to (from) Time Warner Inc. and subsidiaries	3,779	6,668
Other shareholders’ equity	42,008	37,520
Total equity	45,787	44,188
Total liabilities and equity	$ 57,787	$ 56,339

Supplementary Information - C75

Supplementary Information - Condensed Consolidating Financial Statements - Statement of Operations (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Consolidated Statement of Operations
Revenues	$ 28,118	$ 27,359	$ 26,461
Costs of revenues	(16,154)	(15,875)	(14,935)
Selling, general and administrative	(4,824)	(5,190)	(4,934)
Amortization of intangible assets	(189)	(202)	(209)
Restructuring and severance costs	(60)	(512)	(183)
Asset impairments	(25)	(69)	(61)
Gain (loss) on operating assets, net	(1)	464	129
Operating income	6,865	5,975	6,268
Equity in pretax income (loss) of consolidated subsidiaries	0	0	0
Interest expense, net	(1,163)	(1,169)	(1,189)
Other loss, net	(256)	(127)	(111)
Income from continuing operations before income taxes	5,446	4,679	4,968
Income tax provision	(1,651)	(785)	(1,614)
Income from continuing operations	3,795	3,894	3,354
Discontinued operations, net of tax	37	(67)	337
Net income	3,832	3,827	3,691
Less Net loss attributable to noncontrolling interests	1	0	0
Net income attributable to Time Warner Inc. shareholders	3,833	3,827	3,691
Comprehensive income	3,550	3,411	3,828
Less Comprehensive loss attributable to noncontrolling interests	1	0	0
Comprehensive income attributable to Time Warner Inc. shareholders	3,551	3,411	3,828
Eliminations
Consolidated Statement of Operations
Revenues	(875)	(734)	(551)
Costs of revenues	643	643	441
Selling, general and administrative	223	90	104
Amortization of intangible assets	0	0	0
Restructuring and severance costs	0	0	0
Asset impairments	0	0	0
Gain (loss) on operating assets, net	0	0	0
Operating income	(9)	(1)	(6)
Equity in pretax income (loss) of consolidated subsidiaries	(13,493)	(11,721)	(12,411)
Interest expense, net	7	9	10
Other loss, net	(2)	(2)	1
Income from continuing operations before income taxes	(13,497)	(11,715)	(12,406)
Income tax provision	4,167	3,529	4,121
Income from continuing operations	(9,330)	(8,186)	(8,285)
Discontinued operations, net of tax	(74)	103	(667)
Net income	(9,404)	(8,083)	(8,952)
Less Net loss attributable to noncontrolling interests	(2)
Net income attributable to Time Warner Inc. shareholders	(9,406)	(8,083)	(8,952)
Comprehensive income	(8,936)	(7,502)	(9,005)
Less Comprehensive loss attributable to noncontrolling interests	(2)
Comprehensive income attributable to Time Warner Inc. shareholders	(8,938)
Parent Company
Consolidated Statement of Operations
Revenues	0	0	0
Costs of revenues	0	0	0
Selling, general and administrative	(321)	(442)	(406)
Amortization of intangible assets	0	0	0
Restructuring and severance costs	(4)	(21)	(5)
Asset impairments	(15)	(7)	(7)
Gain (loss) on operating assets, net	0	0	8
Operating income	(340)	(470)	(410)
Equity in pretax income (loss) of consolidated subsidiaries	6,894	6,131	6,319
Interest expense, net	(990)	(961)	(885)
Other loss, net	(118)	(21)	(56)
Income from continuing operations before income taxes	5,446	4,679	4,968
Income tax provision	(1,651)	(785)	(1,614)
Income from continuing operations	3,795	3,894	3,354
Discontinued operations, net of tax	37	(67)	337
Net income	3,832	3,827	3,691
Less Net loss attributable to noncontrolling interests	1
Net income attributable to Time Warner Inc. shareholders	3,833	3,827	3,691
Comprehensive income	3,550	3,411	3,828
Less Comprehensive loss attributable to noncontrolling interests	1
Comprehensive income attributable to Time Warner Inc. shareholders	3,551
Guarantor Subsidiaries
Consolidated Statement of Operations
Revenues	7,188	6,820	6,380
Costs of revenues	(3,488)	(3,471)	(3,032)
Selling, general and administrative	(1,100)	(982)	(956)
Amortization of intangible assets	0	0	0
Restructuring and severance costs	(40)	(173)	(67)
Asset impairments	(1)	(1)	0
Gain (loss) on operating assets, net	2	0	0
Operating income	2,561	2,193	2,325
Equity in pretax income (loss) of consolidated subsidiaries	4,687	3,831	4,428
Interest expense, net	(312)	(274)	(325)
Other loss, net	20	15	1
Income from continuing operations before income taxes	6,956	5,765	6,429
Income tax provision	(2,121)	(1,793)	(2,095)
Income from continuing operations	4,835	3,972	4,334
Discontinued operations, net of tax	37	(42)	333
Net income	4,872	3,930	4,667
Less Net loss attributable to noncontrolling interests	1
Net income attributable to Time Warner Inc. shareholders	4,873	3,930	4,667
Comprehensive income	4,685	3,612	4,774
Less Comprehensive loss attributable to noncontrolling interests	1
Comprehensive income attributable to Time Warner Inc. shareholders	4,686
Non-Guarantor Subsidiaries
Consolidated Statement of Operations
Revenues	21,805	21,273	20,632
Costs of revenues	(13,309)	(13,047)	(12,344)
Selling, general and administrative	(3,626)	(3,856)	(3,676)
Amortization of intangible assets	(189)	(202)	(209)
Restructuring and severance costs	(16)	(318)	(111)
Asset impairments	(9)	(61)	(54)
Gain (loss) on operating assets, net	(3)	464	121
Operating income	4,653	4,253	4,359
Equity in pretax income (loss) of consolidated subsidiaries	1,912	1,759	1,664
Interest expense, net	132	57	11
Other loss, net	(156)	(119)	(57)
Income from continuing operations before income taxes	6,541	5,950	5,977
Income tax provision	(2,046)	(1,736)	(2,026)
Income from continuing operations	4,495	4,214	3,951
Discontinued operations, net of tax	37	(61)	334
Net income	4,532	4,153	4,285
Less Net loss attributable to noncontrolling interests	1
Net income attributable to Time Warner Inc. shareholders	4,533	4,153	4,285
Comprehensive income	4,251	$ 3,890	$ 4,231
Less Comprehensive loss attributable to noncontrolling interests	1
Comprehensive income attributable to Time Warner Inc. shareholders	$ 4,252

Supplementary Information - C76

Supplementary Information - Condensed Consolidating Financial Statements - Statement of Cash Flows (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
OPERATIONS
Net income	$ 3,832	$ 3,827	$ 3,691
Less Discontinued operations, net of tax	(37)	67	(337)
Income from continuing operations	3,795	3,894	3,354
Adjustments for noncash and nonoperating items:
Depreciation and amortization	681	733	759
Amortization of film and television costs	8,030	8,040	7,262
Asset impairments	25	69	61
Venezuelan foreign currency loss	0	173	0
Gain on investments and other assets, net	(32)	(464)	(65)
Excess (deficiency) of distributions over equity in pretax income of consolidated subsidiaries, net of cash distributions	0	0	0
Equity in losses of investee companies, net of cash distributions	161	232	216
Equity-based compensation	182	219	238
Deferred income taxes	328	166	759
Changes in operating assets and liabilities, net of acquisitions	(9,319)	(9,381)	(9,326)
Intercompany	0	0	0
Cash provided by operations from continuing operations	3,851	3,681	3,258
INVESTING ACTIVITIES
Investments in available-for-sale securities	(41)	(30)	(27)
Investments and acquisitions, net of cash acquired	(672)	(950)	(495)
Capital expenditures	(423)	(474)	(568)
Investment proceeds from available-for-sale securities	2	25	33
Proceeds from Time Inc. in the Time Separation	0	1,400	0
Proceeds from the sale of Time Warner Center	0	1,264	0
Advances to (from) parent and consolidated subsidiaries	0	0	0
Other investment proceeds	141	148	170
Cash provided (used) by investing activities from continuing operations	(993)	1,383	(887)
FINANCING ACTIVITIES
Borrowings	3,768	2,409	1,028
Debt repayments	(2,344)	(72)	(762)
Proceeds from exercise of stock options	165	338	674
Excess tax benefit from equity instruments	151	179	179
Principal payments on capital leases	(11)	(11)	(9)
Repurchases of common stock	(3,632)	(5,504)	(3,708)
Dividends paid	(1,150)	(1,109)	(1,074)
Other financing activities	(260)	(173)	(111)
Change in due to/from parent and investment in segment	0	0	0
Cash used by financing activities from continuing operations	(3,313)	(3,943)	(3,783)
Cash provided (used) by continuing operations	(455)	1,121	(1,412)
Cash provided (used) by operations from discontinued operations	(8)	(16)	456
Cash used by investing activities from discontinued operations	0	(51)	(23)
Cash used by financing activities from discontinued operations	0	(36)	0
Effect of change in cash and equivalents of discontinued operations	0	(87)	35
Cash provided (used) by discontinued operations	(8)	(190)	468
Effect of Venezuelan exchange rate changes on cash and equivalents	0	(129)	0
INCREASE (DECREASE) IN CASH AND EQUIVALENTS	(463)	802	(944)
CASH AND EQUIVALENTS AT BEGINNING OF PERIOD	2,618	1,816	2,760
CASH AND EQUIVALENTS AT END OF PERIOD	2,155	2,618	1,816
Eliminations
OPERATIONS
Net income	(9,404)	(8,083)	(8,952)
Less Discontinued operations, net of tax	74	(103)	667
Income from continuing operations	(9,330)	(8,186)	(8,285)
Adjustments for noncash and nonoperating items:
Depreciation and amortization	0	0	0
Amortization of film and television costs	(29)	(43)	(37)
Asset impairments	0	0	0
Venezuelan foreign currency loss		0
Gain on investments and other assets, net	0	0	0
Excess (deficiency) of distributions over equity in pretax income of consolidated subsidiaries, net of cash distributions	13,493	11,721	12,411
Equity in losses of investee companies, net of cash distributions	5	0	0
Equity-based compensation	0	0	0
Deferred income taxes	(473)	259	(909)
Changes in operating assets and liabilities, net of acquisitions	(3,664)	(3,768)	(3,138)
Intercompany	0	0	0
Cash provided by operations from continuing operations	2	(17)	42
INVESTING ACTIVITIES
Investments in available-for-sale securities	0	0	0
Investments and acquisitions, net of cash acquired	0	0	0
Capital expenditures	0	0	0
Investment proceeds from available-for-sale securities	0	0	0
Proceeds from Time Inc. in the Time Separation		0
Proceeds from the sale of Time Warner Center		0
Advances to (from) parent and consolidated subsidiaries	(5,302)	(10,829)	(4,454)
Other investment proceeds	0	(17)	(116)
Cash provided (used) by investing activities from continuing operations	(5,302)	(10,846)	(4,570)
FINANCING ACTIVITIES
Borrowings	0	0	0
Debt repayments	0	0	0
Proceeds from exercise of stock options	0	0	0
Excess tax benefit from equity instruments	0	0	0
Principal payments on capital leases	0	0	0
Repurchases of common stock	0	0	0
Dividends paid	0	0	0
Other financing activities	0	35	74
Change in due to/from parent and investment in segment	5,300	10,828	4,454
Cash used by financing activities from continuing operations	5,300	10,863	4,528
Cash provided (used) by continuing operations	0	0	0
Cash provided (used) by operations from discontinued operations	0	0	0
Cash used by investing activities from discontinued operations		(336)	(487)
Cash used by financing activities from discontinued operations		336	487
Effect of change in cash and equivalents of discontinued operations		0	0
Cash provided (used) by discontinued operations	0	0	0
Effect of Venezuelan exchange rate changes on cash and equivalents		0
INCREASE (DECREASE) IN CASH AND EQUIVALENTS	0	0	0
CASH AND EQUIVALENTS AT BEGINNING OF PERIOD	0	0	0
CASH AND EQUIVALENTS AT END OF PERIOD	0	0	0
Parent Company
OPERATIONS
Net income	3,832	3,827	3,691
Less Discontinued operations, net of tax	(37)	67	(337)
Income from continuing operations	3,795	3,894	3,354
Adjustments for noncash and nonoperating items:
Depreciation and amortization	12	17	24
Amortization of film and television costs	0	0	0
Asset impairments	15	7	7
Venezuelan foreign currency loss		0
Gain on investments and other assets, net	(3)	(14)	(3)
Excess (deficiency) of distributions over equity in pretax income of consolidated subsidiaries, net of cash distributions	(6,894)	(6,131)	(6,319)
Equity in losses of investee companies, net of cash distributions	(2)	3	2
Equity-based compensation	35	81	74
Deferred income taxes	328	166	759
Changes in operating assets and liabilities, net of acquisitions	231	(739)	(329)
Intercompany	0	0	0
Cash provided by operations from continuing operations	(2,483)	(2,716)	(2,431)
INVESTING ACTIVITIES
Investments in available-for-sale securities	(22)	(5)	(4)
Investments and acquisitions, net of cash acquired	(43)	(64)	(11)
Capital expenditures	(47)	(22)	(66)
Investment proceeds from available-for-sale securities	2	13	8
Proceeds from Time Inc. in the Time Separation		590
Proceeds from the sale of Time Warner Center		0
Advances to (from) parent and consolidated subsidiaries	4,788	6,365	4,433
Other investment proceeds	41	44	15
Cash provided (used) by investing activities from continuing operations	4,719	6,921	4,375
FINANCING ACTIVITIES
Borrowings	3,755	2,118	998
Debt repayments	(2,100)	(48)	0
Proceeds from exercise of stock options	165	338	674
Excess tax benefit from equity instruments	151	179	179
Principal payments on capital leases	0	0	0
Repurchases of common stock	(3,632)	(5,504)	(3,708)
Dividends paid	(1,150)	(1,109)	(1,074)
Other financing activities	(78)	88	25
Change in due to/from parent and investment in segment	0	0	0
Cash used by financing activities from continuing operations	(2,889)	(3,938)	(2,906)
Cash provided (used) by continuing operations	(653)	267	(962)
Cash provided (used) by operations from discontinued operations	6	(1)	(2)
Cash used by investing activities from discontinued operations		318	142
Cash used by financing activities from discontinued operations		0	0
Effect of change in cash and equivalents of discontinued operations		0	0
Cash provided (used) by discontinued operations	6	317	140
Effect of Venezuelan exchange rate changes on cash and equivalents		0
INCREASE (DECREASE) IN CASH AND EQUIVALENTS	(647)	584	(822)
CASH AND EQUIVALENTS AT BEGINNING OF PERIOD	1,623	1,039	1,861
CASH AND EQUIVALENTS AT END OF PERIOD	976	1,623	1,039
Guarantor Subsidiaries
OPERATIONS
Net income	4,872	3,930	4,667
Less Discontinued operations, net of tax	(37)	42	(333)
Income from continuing operations	4,835	3,972	4,334
Adjustments for noncash and nonoperating items:
Depreciation and amortization	111	116	126
Amortization of film and television costs	2,779	2,747	2,453
Asset impairments	1	1	0
Venezuelan foreign currency loss		0
Gain on investments and other assets, net	(20)	(6)	1
Excess (deficiency) of distributions over equity in pretax income of consolidated subsidiaries, net of cash distributions	(4,687)	(3,831)	(4,428)
Equity in losses of investee companies, net of cash distributions	0	(7)	2
Equity-based compensation	65	63	58
Deferred income taxes	330	(105)	589
Changes in operating assets and liabilities, net of acquisitions	(1,111)	(1,016)	(228)
Intercompany	2,335	2,871	1,390
Cash provided by operations from continuing operations	4,638	4,805	4,297
INVESTING ACTIVITIES
Investments in available-for-sale securities	0	0	0
Investments and acquisitions, net of cash acquired	(3)	(2)	(1)
Capital expenditures	(78)	(73)	(86)
Investment proceeds from available-for-sale securities	0	8	0
Proceeds from Time Inc. in the Time Separation		0
Proceeds from the sale of Time Warner Center		0
Advances to (from) parent and consolidated subsidiaries	515	4,464	21
Other investment proceeds	73	86	157
Cash provided (used) by investing activities from continuing operations	507	4,483	91
FINANCING ACTIVITIES
Borrowings	0	0	0
Debt repayments	0	0	(732)
Proceeds from exercise of stock options	0	0	0
Excess tax benefit from equity instruments	0	0	0
Principal payments on capital leases	(9)	(10)	(9)
Repurchases of common stock	0	0	0
Dividends paid	0	0	0
Other financing activities	(22)	(45)	(38)
Change in due to/from parent and investment in segment	(5,116)	(9,109)	(4,101)
Cash used by financing activities from continuing operations	(5,147)	(9,164)	(4,880)
Cash provided (used) by continuing operations	(2)	124	(492)
Cash provided (used) by operations from discontinued operations	0	0	0
Cash used by investing activities from discontinued operations		18	345
Cash used by financing activities from discontinued operations		0	0
Effect of change in cash and equivalents of discontinued operations		0	0
Cash provided (used) by discontinued operations	0	18	345
Effect of Venezuelan exchange rate changes on cash and equivalents		0
INCREASE (DECREASE) IN CASH AND EQUIVALENTS	(2)	142	(147)
CASH AND EQUIVALENTS AT BEGINNING OF PERIOD	290	148	295
CASH AND EQUIVALENTS AT END OF PERIOD	288	290	148
Non-Guarantor Subsidiaries
OPERATIONS
Net income	4,532	4,153	4,285
Less Discontinued operations, net of tax	(37)	61	(334)
Income from continuing operations	4,495	4,214	3,951
Adjustments for noncash and nonoperating items:
Depreciation and amortization	558	600	609
Amortization of film and television costs	5,280	5,336	4,846
Asset impairments	9	61	54
Venezuelan foreign currency loss		173
Gain on investments and other assets, net	(9)	(444)	(63)
Excess (deficiency) of distributions over equity in pretax income of consolidated subsidiaries, net of cash distributions	(1,912)	(1,759)	(1,664)
Equity in losses of investee companies, net of cash distributions	158	236	212
Equity-based compensation	82	75	106
Deferred income taxes	143	(154)	320
Changes in operating assets and liabilities, net of acquisitions	(4,775)	(3,858)	(5,631)
Intercompany	(2,335)	(2,871)	(1,390)
Cash provided by operations from continuing operations	1,694	1,609	1,350
INVESTING ACTIVITIES
Investments in available-for-sale securities	(19)	(25)	(23)
Investments and acquisitions, net of cash acquired	(626)	(884)	(483)
Capital expenditures	(298)	(379)	(416)
Investment proceeds from available-for-sale securities	0	4	25
Proceeds from Time Inc. in the Time Separation		810
Proceeds from the sale of Time Warner Center		1,264
Advances to (from) parent and consolidated subsidiaries	(1)	0	0
Other investment proceeds	27	35	114
Cash provided (used) by investing activities from continuing operations	(917)	825	(783)
FINANCING ACTIVITIES
Borrowings	13	291	30
Debt repayments	(244)	(24)	(30)
Proceeds from exercise of stock options	0	0	0
Excess tax benefit from equity instruments	0	0	0
Principal payments on capital leases	(2)	(1)	0
Repurchases of common stock	0	0	0
Dividends paid	0	0	0
Other financing activities	(160)	(251)	(172)
Change in due to/from parent and investment in segment	(184)	(1,719)	(353)
Cash used by financing activities from continuing operations	(577)	(1,704)	(525)
Cash provided (used) by continuing operations	200	730	42
Cash provided (used) by operations from discontinued operations	(14)	(15)	458
Cash used by investing activities from discontinued operations		(51)	(23)
Cash used by financing activities from discontinued operations		(372)	(487)
Effect of change in cash and equivalents of discontinued operations		(87)	35
Cash provided (used) by discontinued operations	(14)	(525)	(17)
Effect of Venezuelan exchange rate changes on cash and equivalents		(129)
INCREASE (DECREASE) IN CASH AND EQUIVALENTS	186	76	25
CASH AND EQUIVALENTS AT BEGINNING OF PERIOD	705	629	604
CASH AND EQUIVALENTS AT END OF PERIOD	$ 891	$ 705	$ 629

Schedule II - Valuation and Q77

Schedule II - Valuation and Qualifying Accounts (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Movement in Valuation Allowances and Reserves [Roll Forward]
Balance at Beginning of Period	$ 1,152	$ 1,383	$ 1,407
Additions Charged (Credited) to Costs and Expenses	1,734	1,847	2,094
Deductions	(1,831)	(2,078)	(2,118)
Balance at End of Period	1,055	1,152	1,383
Allowance for Doubtful Accounts
Movement in Valuation Allowances and Reserves [Roll Forward]
Balance at Beginning of Period	152	191	209
Additions Charged (Credited) to Costs and Expenses	63	(20)	28
Deductions	(35)	(19)	(46)
Balance at End of Period	180	152	191
Reserves for sales returns and allowances
Movement in Valuation Allowances and Reserves [Roll Forward]
Balance at Beginning of Period	1,000	1,192	1,198
Additions Charged (Credited) to Costs and Expenses	1,671	1,867	2,066
Deductions	(1,796)	(2,059)	(2,072)
Balance at End of Period	$ 875	$ 1,000	$ 1,192