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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
Current assets    
Cash and cash equivalents $ 164,586 $ 29,404
Accounts receivable, net of allowances of $8,427 and $3,723, respectively 503,000 581,765
Other receivables 14,093 19,640
Syndicated programming rights 60,378 49,616
Prepaid expenses and other current assets 21,224 26,899
Total current assets 763,281 707,324
Property and equipment    
Cost 1,011,744 997,736
Less accumulated depreciation (541,197) (512,015)
Net property and equipment 470,547 485,721
Intangible and other assets    
Goodwill 2,968,693 2,950,587
Indefinite-lived and amortizable intangible assets, less accumulated amortization of $218,468 and $168,452, respectively 2,501,027 2,561,614
Right-of-use assets for operating leases 98,242 103,461
Investments and other assets 143,206 145,269
Total intangible and other assets 5,711,168 5,760,931
Total assets 6,944,996 6,953,976
Current liabilities    
Accounts payable 61,441 51,894
Accrued liabilities    
Compensation 44,744 63,876
Interest 25,699 46,013
Contracts payable for programming rights 145,796 119,872
Other 98,438 60,983
Dividends payable 0 15,188
Income taxes payable 23,226 3,332
Total current liabilities 399,344 361,158
Noncurrent liabilities    
Income taxes 7,671 7,490
Deferred income tax liability 524,974 515,621
Long-term debt 3,906,196 4,179,245
Pension liabilities 114,281 127,146
Operating lease liabilities 100,660 105,902
Other noncurrent liabilities 77,681 67,037
Total noncurrent liabilities 4,731,463 5,002,441
Total liabilities 5,130,807 5,363,599
Commitments and contingent liabilities (see Note 11)
Redeemable noncontrolling interest (see Note 11) 14,653 0
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 119,794 247,497
Retained earnings 6,846,554 6,655,088
Accumulated other comprehensive loss (139,087) (142,597)
Less treasury stock at cost, 105,271,009 shares and 106,955,082 shares, respectively (5,352,144) (5,494,030)
Total equity 1,799,536 1,590,377
Total liabilities, redeemable noncontrolling interest and equity $ 6,944,996 $ 6,953,976