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Programming and Production Costs (Tables)
12 Months Ended
Dec. 31, 2023
Other Industries [Abstract]  
Programming and Production Cost
Year ended December 31 (in millions)202320222021
Video distribution programming $12,460 $13,013 $13,550 
Film and television content:
Owned(a)
10,224 10,765 8,957 
     Licensed, including sports rights12,619 13,151 14,733 
Other1,459 1,283 1,210 
Total programming and production costs$36,762 $38,213 $38,450 
(a) Amount includes amortization of owned content of $7.8 billion, $8.6 billion and $7.3 billion for the year ended December 31, 2023, 2022 and 2021, respectively, as well as participations and residuals expenses.
Capitalized Film and Television Costs
Capitalized Film and Television Costs
December 31 (in millions)20232022
Owned:
In production and in development$2,893 $3,210 
Completed, not released317 130 
Released, less amortization4,340 4,634 
7,551 7,974 
Licensed, including sports advances5,369 4,586 
Film and television costs$12,920 $12,560 
Production tax incentives reduced capitalized owned film and television costs by $418 million and $400 million as of December 31, 2023 and 2022, respectively, and resulted in a reduction of programming and production costs of $578 million and $733 million in 2023 and 2022, respectively. We have receivables related to our production tax incentives of $1.9 billion and $1.5 billion as of December 31, 2023 and 2022, respectively, a substantial majority of which are reflected in other noncurrent assets in our consolidated balance sheets.
Estimated Future Amortization Expense for Capitalized Film and Television Costs and Programming Rights
The table below summarizes estimated future amortization expense for the capitalized film and television costs recorded in our consolidated balance sheets as of December 31, 2023.
(in millions)Owned Licensed
Completed, not released:
2024$192 
Released and licensed content:
2024$2,258 $3,627 
2025$779 $1,002 
2026$421 $461