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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current assets    
Cash and cash equivalents $ 43,316 $ 56,989
Accounts receivable, net of allowances of $4,810 and $4,371, respectively 641,960 642,280
Other receivables 13,508 15,496
Syndicated programming rights 39,378 53,100
Prepaid expenses and other current assets 30,589 19,724
Total current assets 768,751 787,589
Property and equipment    
Cost 1,058,682 1,053,851
Less accumulated depreciation (601,343) (586,656)
Net property and equipment 457,339 467,195
Intangible and other assets    
Goodwill 2,981,587 2,981,587
Indefinite-lived and amortizable intangible assets, less accumulated amortization of $313,593 and $298,593, respectively 2,426,488 2,441,488
Right-of-use assets for operating leases 84,500 87,279
Investments and other assets 135,080 152,508
Total intangible and other assets 5,627,655 5,662,862
Total assets 6,853,745 6,917,646
Current liabilities    
Accounts payable 86,984 72,996
Accrued liabilities    
Compensation 38,492 55,179
Interest 12,795 45,905
Contracts payable for programming rights 104,981 98,534
Other 89,367 91,098
Income taxes payable 47,176 11,420
Total current liabilities 379,795 375,132
Noncurrent liabilities    
Deferred income tax liability 550,998 548,374
Long-term debt 3,066,783 3,231,970
Pension liabilities 56,428 58,063
Operating lease liabilities 85,926 88,970
Other noncurrent liabilities 78,536 79,102
Total noncurrent liabilities 3,838,671 4,006,479
Total liabilities 4,218,466 4,381,611
Commitments and contingent liabilities (see Note 9)
Redeemable noncontrolling interest (see Note 1) 16,430 16,129
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 27,941
Retained earnings 7,479,795 7,459,380
Accumulated other comprehensive loss (111,834) (97,216)
Less treasury stock at cost, 101,681,915 shares and 103,012,455 shares, respectively (5,101,472) (5,194,618)
Total equity 2,618,849 2,519,906
Total liabilities, redeemable noncontrolling interest and equity $ 6,853,745 $ 6,917,646