Balance Sheet: Liabilities and Stockholders’ Equity

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Liabilities represents obligations of a company arising from past events, the settlement of which is expected to result in an outflow of economic benefits from the entity.

Paramount Global, consolidated balance sheet: liabilities and stockholders’ equity

US$ in millions

	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018
Accounts payable	1,403)	800)	571)	667)	201)
Accrued expenses	2,071)	2,323)	1,714)	1,760)	868)
Participants’ share and royalties payable	2,416)	2,159)	2,005)	1,977)	1,177)
Accrued programming and production costs	2,063)	1,342)	1,141)	1,500)	704)
Deferred revenues	973)	1,091)	978)	739)	222)
Current debt	239)	11)	16)	717)	687)
Other current liabilities	1,477)	1,182)	1,391)	1,688)	714)
Current liabilities of discontinued operations	549)	571)	480)	—)	—)
Current liabilities	11,191)	9,479)	8,296)	9,048)	4,573)
Long-term debt, net of current portion	15,607)	17,698)	19,717)	18,002)	9,465)
Participants’ share and royalties payable	1,744)	1,244)	1,317)	1,546)	1,159)
Pension and postretirement benefit obligations	1,458)	1,946)	2,098)	2,121)	1,388)
Deferred income tax liabilities, net	1,077)	1,063)	778)	500)	399)
Noncurrent operating lease liabilities	1,428)	1,598)	1,583)	1,909)	—)
Program rights obligations	367)	404)	243)	356)	—)
Other liabilities	1,715)	1,898)	2,158)	2,494)	2,071)
Liabilities of discontinued operations	200)	213)	220)	—)	—)
Noncurrent liabilities	23,596)	26,064)	28,114)	26,928)	14,482)
Total liabilities	34,787)	35,543)	36,410)	35,976)	19,055)
Redeemable noncontrolling interest	—)	107)	197)	254)	—)
5.75% Series A Mandatory Convertible Preferred Stock, par value $.001 per share	—)	—)	—)	—)	—)
Class A Common Stock, par value $.001 per share	—)	—)	—)	—)	—)
Class B Common Stock, par value $.001 per share	1)	1)	1)	1)	1)
Additional paid-in capital	33,063)	32,918)	29,785)	29,590)	43,637)
Treasury stock, at cost	(22,958)	(22,958)	(22,958)	(22,908)	(22,858)
Retained earnings (accumulated deficit)	14,737)	14,343)	10,375)	8,494)	(17,201)
Accumulated other comprehensive loss	(1,807)	(1,902)	(1,832)	(1,970)	(775)
Total Paramount stockholders’ equity	23,036)	22,402)	15,371)	13,207)	2,804)
Noncontrolling interests	570)	568)	685)	82)	—)
Total equity	23,606)	22,970)	16,056)	13,289)	2,804)
Total liabilities and equity	58,393)	58,620)	52,663)	49,519)	21,859)

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).

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Balance sheet item	Description	The company
Current liabilities	Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer.	Paramount Global current liabilities increased from 2020 to 2021 and from 2021 to 2022.
Noncurrent liabilities	Amount of obligation due after one year or beyond the normal operating cycle, if longer.	Paramount Global noncurrent liabilities decreased from 2020 to 2021 and from 2021 to 2022.
Total liabilities	Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future.	Paramount Global total liabilities decreased from 2020 to 2021 and from 2021 to 2022.
Total Paramount stockholders’ equity	Total of all stockholders’ equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity stockholders’ equity attributable to the parent excludes the amount of stockholders’ equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity.	Paramount Global total Paramount stockholders’ equity increased from 2020 to 2021 and from 2021 to 2022.

Paramount Global (NASDAQ:PARA)

Balance Sheet: Liabilities and Stockholders’ Equity