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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Current assets    
Cash and cash equivalents $ 35,059 $ 29,404
Accounts receivable, net of allowances of $5,810 and $3,723, respectively 541,324 581,765
Other receivables 16,316 19,640
Syndicated programming rights 34,683 49,616
Prepaid expenses and other current assets 19,501 26,899
Total current assets 646,883 707,324
Property and equipment    
Cost 1,014,934 997,736
Less accumulated depreciation (529,476) (512,015)
Net property and equipment 485,458 485,721
Intangible and other assets    
Goodwill 2,967,383 2,950,587
Indefinite-lived and amortizable intangible assets, less accumulated amortization of $184,669 and $168,452, respectively 2,538,687 2,561,614
Right-of-use assets for operating leases 104,611 103,461
Investments and other assets 151,083 145,269
Total intangible and other assets 5,761,764 5,760,931
Total assets 6,894,105 6,953,976
Current liabilities    
Accounts payable 54,473 51,894
Accrued liabilities    
Compensation 33,389 63,876
Interest 34,525 46,013
Contracts payable for programming rights 122,045 119,872
Other 69,679 60,983
Dividends payable 0 15,188
Income taxes payable 9,399 3,332
Total current liabilities 323,510 361,158
Noncurrent liabilities    
Income taxes 7,016 7,490
Deferred income tax liability 527,057 515,621
Long-term debt 4,071,897 4,179,245
Pension liabilities 121,947 127,146
Operating lease liabilities 106,319 105,902
Other noncurrent liabilities 64,010 67,037
Total noncurrent liabilities 4,898,246 5,002,441
Total liabilities 5,221,756 5,363,599
Redeemable noncontrolling interest 14,093 0
Commitments and contingent liabilities (see Note 11)
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 152,106 247,497
Retained earnings 6,725,911 6,655,088
Accumulated other comprehensive loss (141,175) (142,597)
Less treasury stock at cost, 106,066,299 shares and 106,955,082 shares, respectively (5,403,005) (5,494,030)
Total equity 1,658,256 1,590,377
Total liabilities, redeemable noncontrolling interest and equity $ 6,894,105 $ 6,953,976