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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Current assets    
Cash and cash equivalents $ 3,818 $ 135,862
Accounts receivable, net of allowances of $3,661 and $3,090, respectively 454,861 425,404
Other receivables 18,741 20,967
Programming rights 23,908 35,252
Prepaid expenses and other current assets 18,071 17,737
Total current assets 519,399 635,222
Property and equipment    
Cost 883,828 858,170
Less accumulated depreciation (496,511) (482,955)
Net property and equipment 387,317 375,215
Intangible and other assets    
Goodwill 2,605,863 2,596,863
Indefinite-lived and amortizable intangible assets, less accumulated amortization 1,599,124 1,526,077
Right-of-use assets for operating leases 72,160 0
Investments and other assets 139,886 143,465
Total intangible and other assets 4,417,033 4,266,405
Total assets 5,323,749 5,276,842
Current liabilities    
Accounts payable 53,880 83,226
Accrued liabilities    
Compensation 25,253 52,726
Interest 53,683 37,458
Contracts payable for programming rights 91,758 112,059
Other 49,186 49,211
Dividends payable 15,216 15,154
Income taxes 34,562 19,383
Total current liabilities 323,538 369,217
Noncurrent liabilities    
Income taxes 13,101 13,624
Deferred income taxes 401,729 396,847
Long-term debt 2,891,495 2,944,466
Pension liabilities 137,607 139,375
Operating lease liabilities 84,259 0
Other noncurrent liabilities 66,769 72,389
Total noncurrent liabilities 3,594,960 3,566,701
Total liabilities 3,918,498 3,935,918
Shareholders’ equity    
Common stock of $1 par value per share, 800,000,000 shares authorized, 324,418,632 shares issued 324,419 324,419
Additional paid-in capital 262,823 301,352
Retained earnings 6,488,352 6,429,512
Accumulated other comprehensive loss (135,432) (136,511)
Less treasury stock at cost, 108,133,345 shares and 108,660,002 shares, respectively (5,534,911) (5,577,848)
Total equity 1,405,251 1,340,924
Total liabilities and equity $ 5,323,749 $ 5,276,842