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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Current assets    
Cash and cash equivalents $ 683,179 $ 551,681
Accounts receivable, net of allowances of $3,965 and $3,697, respectively 637,435 658,318
Other receivables 10,906 13,493
Syndicated programming rights 32,578 44,064
Prepaid expenses and other current assets 35,915 36,152
Total current assets 1,400,013 1,303,708
Property and equipment    
Cost 1,068,582 1,067,191
Less accumulated depreciation (623,452) (610,138)
Net property and equipment 445,130 457,053
Intangible and other assets    
Goodwill 2,981,587 2,981,587
Indefinite-lived and amortizable intangible assets, less accumulated amortization of $250,187 and $348,087, respectively 2,368,858 2,381,606
Right-of-use assets for operating leases 75,860 78,448
Investments and other assets 122,594 126,494
Total intangible and other assets 5,548,899 5,568,135
Total assets 7,394,042 7,328,896
Current liabilities    
Accounts payable 88,312 76,212
Accrued liabilities    
Compensation 40,647 50,339
Interest 12,798 45,480
Contracts payable for programming rights 111,318 117,743
Other 73,560 78,265
Income taxes payable 51,561 22,985
Total current liabilities 378,196 391,024
Noncurrent liabilities    
Deferred income tax liability 557,387 556,131
Long-term debt 3,070,164 3,069,316
Pension liabilities 73,550 73,684
Operating lease liabilities 76,674 79,503
Other noncurrent liabilities 69,052 70,098
Total noncurrent liabilities 3,846,827 3,848,732
Total liabilities 4,225,023 4,239,756
Commitments and contingent liabilities (see Note 9)
Redeemable noncontrolling interest (see Note 1) 17,754 17,418
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 7,879,619 7,898,055
Accumulated other comprehensive loss (124,455) (125,533)
Less treasury stock at cost, 99,471,855 shares and 100,970,426 shares, respectively (4,956,259) (5,053,160)
Total equity 3,151,265 3,071,722
Total liabilities, redeemable noncontrolling interest and equity $ 7,394,042 $ 7,328,896