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Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 384 $ 362
Accounts receivable, less allowances of $102 and $69, respectively 751 819
Contract acquisition costs 97  
Prepaid expenses 90 78
Income taxes and other current assets 106 64
Total current assets 1,428 1,323
Property, plant and equipment, net 14,282 14,377
Goodwill 7,024 7,024
Other intangibles, net 1,760 2,063
Other assets 236 97
Total assets 24,730 24,884
Current liabilities:    
Long-term debt due within one year 1,228 656
Accounts payable 513 564
Advanced billings 265 270
Accrued content costs 88 102
Accrued other taxes 159 156
Accrued interest 387 401
Pension and other postretirement benefits 29 29
Other current liabilities 387 330
Total current liabilities 3,056 2,508
Deferred income taxes 1,219 1,139
Pension and other postretirement benefits 1,571 1,676
Other liabilities 274 317
Long-term debt 16,209 16,970
Equity:    
Preferred stock, $0.01 par value (50,000 authorized shares, 11.125%, Series A, 0 and 19,250 shares issued and outstanding at June 30, 2018 and December 31, 2017, respectively)
Common stock, $0.25 par value (175,000 authorized shares, 106,025 and 79,532 issued and 105,810 and 78,441 outstanding, at June 30, 2018 and December 31, 2017, respectively) 27 20
Additional paid-in capital 4,788 5,034
Accumulated deficit (2,107) (2,263)
Accumulated other comprehensive loss, net of tax (296) (366)
Treasury common stock (11) (151)
Total equity 2,401 2,274
Total liabilities and equity $ 24,730 $ 24,884