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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
Current assets    
Cash and cash equivalents $ 51,214 $ 40,968
Accounts receivable, net of allowances of $6,151 and $7,035, respectively 601,500 550,755
Other receivables 14,688 14,031
Syndicated programming rights 67,723 47,331
Prepaid expenses and other current assets 21,986 19,509
Total current assets 757,111 672,594
Property and equipment    
Cost 1,034,017 1,026,459
Less accumulated depreciation (574,151) (556,100)
Net property and equipment 459,866 470,359
Intangible and other assets    
Goodwill 2,981,587 2,968,693
Indefinite-lived and amortizable intangible assets, less accumulated amortization of $282,889 and $235,582, respectively 2,457,192 2,503,644
Right-of-use assets for operating leases 90,017 97,190
Investments and other assets 184,873 136,219
Total intangible and other assets 5,713,669 5,705,746
Total assets 6,930,646 6,848,699
Current liabilities    
Accounts payable 46,333 58,049
Accrued liabilities    
Compensation 53,970 46,213
Interest 15,565 47,249
Contracts payable for programming rights 143,408 130,522
Other 86,126 78,219
Income taxes payable 5,351 63,923
Total current liabilities 350,753 424,175
Noncurrent liabilities    
Income taxes 9,491 7,303
Deferred income tax liability 557,419 530,240
Long-term debt 3,336,878 3,553,220
Pension liabilities 66,405 85,908
Operating lease liabilities 91,790 99,337
Other noncurrent liabilities 82,377 75,488
Total noncurrent liabilities 4,144,360 4,351,496
Total liabilities 4,495,113 4,775,671
Commitments and contingent liabilities (see Note 9)
Redeemable noncontrolling interest (see Note 1) 15,826 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 7,351,426 7,075,640
Accumulated other comprehensive loss (76,693) (121,076)
Less treasury stock at cost, 103,200,190 shares and 104,918,360 shares, respectively (5,207,386) (5,334,155)
Total equity 2,419,707 2,058,095
Total liabilities, redeemable noncontrolling interest and equity $ 6,930,646 $ 6,848,699