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Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 201 $ 362
Accounts receivable, less allowances of $99 and $69, respectively 778 819
Contract acquisition costs 91  
Prepaid expenses 78 78
Income taxes and other current assets 54 64
Total current assets 1,202 1,323
Property, plant and equipment, net 14,321 14,377
Goodwill 7,024 7,024
Other intangibles, net 1,903 2,063
Other assets 228 97
Total assets 24,678 24,884
Current liabilities:    
Long-term debt due within one year 1,060 656
Accounts payable 537 564
Advanced billings 271 270
Accrued content costs 105 102
Accrued other taxes 156 156
Accrued interest 167 401
Pension and other postretirement benefits 29 29
Other current liabilities 334 330
Total current liabilities 2,659 2,508
Deferred income taxes 1,217 1,139
Pension and other postretirement benefits 1,656 1,676
Other liabilities 280 317
Long-term debt 16,470 16,970
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, 80,367 and 79,532 issued and 80,251 and 78,441 outstanding, at March 31, 2018 and December 31, 2017, respectively) 20 20
Additional paid-in capital 4,847 5,034
Accumulated deficit (2,089) (2,263)
Accumulated other comprehensive loss, net of tax (367) (366)
Treasury common stock (15) (151)
Total equity 2,396 2,274
Total liabilities and equity $ 24,678 $ 24,884