Balance Sheet: Assets

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.

Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.

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Time Warner Inc., consolidated balance sheet: assets

US$ in millions

		Dec 31, 2017		Dec 31, 2016		Dec 31, 2015		Dec 31, 2014		Dec 31, 2013
	Cash and equivalents
	Receivables, less allowances
	Inventories
	Deferred income taxes
	Prepaid expenses and other current assets
	Current assets
	Noncurrent inventories
	Theatrical film and television production costs
	Noncurrent inventories and theatrical film and television production costs
	Equity-method investments
	Fair-value and other investments
	Held-to-maturity securities
	Cost-method investments
	Investments, including available-for-sale securities
	Property, plant and equipment, net
	Intangible assets subject to amortization, net
	Intangible assets not subject to amortization
	Goodwill
	Other assets
	Noncurrent assets
	Total assets

Based on: 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31).

Assets: Selected Items

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Balance sheet item	Description	The company
Current assets	Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events.	Time Warner Inc. current assets increased from 2015 to 2016 and from 2016 to 2017.
Property, plant and equipment, net	Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures.	Time Warner Inc. property, plant and equipment, net decreased from 2015 to 2016 but then increased from 2016 to 2017 exceeding 2015 level.
Noncurrent assets	Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold or consumed after one year or beyond the normal operating cycle, if longer.	Time Warner Inc. noncurrent assets increased from 2015 to 2016 and from 2016 to 2017.
Total assets	Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events.	Time Warner Inc. total assets increased from 2015 to 2016 and from 2016 to 2017.

Current Assets: Selected Items