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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Current assets    
Cash and cash equivalents $ 173,070 $ 29,404
Accounts receivable, net of allowances of $8,808 and $3,723, respectively 485,211 581,765
Other receivables 14,909 19,640
Syndicated programming rights 18,786 49,616
Prepaid expenses and other current assets 19,081 26,899
Total current assets 711,057 707,324
Property and equipment    
Cost 1,025,235 997,736
Less accumulated depreciation (544,274) (512,015)
Net property and equipment 480,961 485,721
Intangible and other assets    
Goodwill 2,968,655 2,950,587
Indefinite-lived and amortizable intangible assets, less accumulated amortization of $201,355 and $168,452, respectively 2,518,140 2,561,614
Right-of-use assets for operating leases 101,574 103,461
Investments and other assets 148,031 145,269
Total intangible and other assets 5,736,400 5,760,931
Total assets 6,928,418 6,953,976
Current liabilities    
Accounts payable 37,019 51,894
Accrued liabilities    
Compensation 44,909 63,876
Interest 50,464 46,013
Contracts payable for programming rights 101,182 119,872
Other 65,333 60,983
Dividends payable 0 15,188
Income taxes payable 17,631 3,332
Total current liabilities 316,538 361,158
Noncurrent liabilities    
Income taxes 7,311 7,490
Deferred income tax liability 523,528 515,621
Long-term debt 4,098,076 4,179,245
Pension liabilities 118,114 127,146
Operating lease liabilities 103,466 105,902
Other noncurrent liabilities 71,705 67,037
Total noncurrent liabilities 4,922,200 5,002,441
Total liabilities 5,238,738 5,363,599
Redeemable noncontrolling interest (see Note 11) 14,373 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 140,255 247,497
Retained earnings 6,729,896 6,655,088
Accumulated other comprehensive loss (140,179) (142,597)
Less treasury stock at cost, 105,661,402 shares and 106,955,082 shares, respectively (5,379,084) (5,494,030)
Total equity 1,675,307 1,590,377
Total liabilities, redeemable noncontrolling interest and equity $ 6,928,418 $ 6,953,976