Time Magazine 2011 Annual Report Download - page 116

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TIME WARNER INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS – (Continued)
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, 2008 ............ $ 194 $ 63 $ 257
Net accruals ...................................... 127 85 212
Cash paid ........................................ (166) (50) (216)
Remaining liability as of December 31, 2009 ............ 155 98 253
Net accruals ...................................... 63 34 97
Cash paid ........................................ (111) (48) (159)
Remaining liability as of December 31, 2010 ............ 107 84 191
Net accruals ...................................... 102 11 113
Noncash reductions(a) ............................... (5) — (5)
Cash paid ........................................ (88) (35) (123)
Remaining liability as of December 31, 2011 ............ $ 116 $ 60 $ 176
(a) Noncash reductions relate to the settlement of certain employee-related liabilities with equity instruments.
As of December 31, 2011, of the remaining liability of $176 million, $100 million was classified as a current
liability in the Consolidated Balance Sheet, with the remaining $76 million classified as a long-term liability.
Amounts classified as long-term are expected to be paid through 2017.
15. SEGMENT INFORMATION
Time Warner classifies its operations into three reportable segments: Networks, consisting principally of
cable television networks and premium pay television services that provide programming; Filmed Entertainment,
consisting principally of feature film, television, home video and videogame production and distribution; and
Publishing, consisting principally of magazine publishing.
Information as to the Revenues, intersegment revenues, depreciation of property, plant and equipment,
Amortization of intangible assets, Operating Income (Loss), Assets and Capital expenditures of Time Warner in
each of its reportable segments is set forth below (millions):
Year Ended December 31, 2011
Subscription Advertising Content Other Total
Revenues
Networks ...................... $ 8,166 $ 4,189 $ 1,144 $ 155 $ 13,654
Filmed Entertainment ............. 86 85 12,274 193 12,638
Publishing ...................... 1,271 1,923 84 399 3,677
Intersegment eliminations ......... — (81) (867) (47) (995)
Total revenues .................. $ 9,523 $ 6,116 $ 12,635 $ 700 $ 28,974
102