XML 12 R2.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 286 $ 522
Accounts receivable, less allowances of $69 and $131, respectively 780 938
Prepaid expenses 98 88
Income taxes and other current assets 98 108
Total current assets 1,262 1,656
Property, plant and equipment, net 14,375 14,902
Goodwill 9,102 9,674
Other intangibles, net 2,223 2,662
Other assets 114 119
Total assets 27,076 29,013
Current liabilities:    
Long-term debt due within one year 166 363
Accounts payable 509 698
Advanced billings 277 301
Accrued Content Costs 130 164
Accrued other taxes 177 134
Accrued interest 205 437
Pension and other postretirement benefits 23 23
Other current liabilities 306 324
Total current liabilities 1,793 2,444
Deferred income taxes 2,253 2,516
Pension and other postretirement benefits 1,647 1,602
Other liabilities 369 372
Long-term debt 17,604 17,560
Equity:    
Preferred stock, $0.01 par value (50,000 authorized shares, 11.125%, Series A, 19,250 shares issued and outstanding)
Common stock, $0.25 par value (175,000 authorized shares, 79,532 issued and 78,462 and 78,170 outstanding, at September 30, 2017 and December 31, 2016, respectively) 20 20
Additional paid-in capital 5,124 5,561
Accumulated deficit (1,234) (460)
Accumulated other comprehensive loss, net of tax (349) (387)
Treasury common stock 151 215
Total equity 3,410 4,519
Total liabilities and equity $ 27,076 $ 29,013