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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
Current assets    
Cash and cash equivalents $ 57,262 $ 40,968
Accounts receivable, net of allowances of $6,845 and $7,035, respectively 588,326 550,755
Other receivables 11,506 14,031
Syndicated programming rights 21,063 47,331
Prepaid expenses and other current assets 20,261 19,509
Total current assets 698,418 672,594
Property and equipment    
Cost 1,048,043 1,026,459
Less accumulated depreciation (582,058) (556,100)
Net property and equipment 465,985 470,359
Intangible and other assets    
Goodwill 2,981,587 2,968,693
Indefinite-lived and amortizable intangible assets, less accumulated amortization of $267,115 and $235,582, respectively 2,472,966 2,503,644
Right-of-use assets for operating leases 92,422 97,190
Investments and other assets 131,717 136,219
Total intangible and other assets 5,678,692 5,705,746
Total assets 6,843,095 6,848,699
Current liabilities    
Accounts payable 37,357 58,049
Accrued liabilities    
Compensation 53,002 46,213
Interest 45,729 47,249
Contracts payable for programming rights 94,512 130,522
Other 81,590 78,219
Income taxes payable 5,622 63,923
Total current liabilities 317,812 424,175
Noncurrent liabilities    
Income taxes 9,224 7,303
Deferred income tax liability 534,872 530,240
Long-term debt 3,455,978 3,553,220
Pension liabilities 74,637 85,908
Operating lease liabilities 94,347 99,337
Other noncurrent liabilities 81,746 75,488
Total noncurrent liabilities 4,250,804 4,351,496
Total liabilities 4,568,616 4,775,671
Commitments and contingent liabilities (see Note 9)
Redeemable noncontrolling interest (see Note 1) 15,523 14,933
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 27,941 113,267
Retained earnings 7,249,257 7,075,640
Accumulated other comprehensive loss (118,604) (121,076)
Less treasury stock at cost, 103,438,458 shares and 104,918,360 shares, respectively (5,224,057) (5,334,155)
Total equity 2,258,956 2,058,095
Total liabilities, redeemable noncontrolling interest and equity $ 6,843,095 $ 6,848,699