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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current assets    
Cash and cash equivalents $ 361,036 $ 551,681
Accounts receivable, net of allowances of $2,845 and $3,697, respectively 624,445 658,318
Other receivables 9,299 13,493
Syndicated programming rights 31,530 44,064
Prepaid expenses and other current assets 24,008 36,152
Total current assets 1,050,318 1,303,708
Property and equipment    
Land 86,442 86,447
Buildings and improvements 352,546 346,341
Equipment, furniture and fixtures 631,444 625,754
Construction in progress 7,777 8,649
Total 1,078,209 1,067,191
Less accumulated depreciation (626,029) (610,138)
Net property and equipment 452,180 457,053
Intangible and other assets    
Goodwill 2,981,587 2,981,587
Indefinite-lived and amortizable intangible assets, less accumulated amortization of $289,949 and $348,087, respectively 2,328,972 2,381,606
Right-of-use assets for operating leases 73,479 78,448
Investments and other assets 113,521 126,494
Total intangible and other assets 5,497,559 5,568,135
Total assets 7,000,057 7,328,896
Current liabilities    
Accounts payable 114,950 76,212
Accrued liabilities    
Compensation 54,929 50,339
Interest 45,144 45,480
Contracts payable for programming rights 119,562 117,743
Other 82,782 78,265
Income taxes payable 6,005 22,985
Total current liabilities 423,372 391,024
Noncurrent liabilities    
Net deferred income tax liabilities 578,219 556,131
Long-term debt 3,072,801 3,069,316
Pension liabilities 70,483 73,684
Operating lease liabilities 73,733 79,503
Other noncurrent liabilities 57,765 70,098
Total noncurrent liabilities 3,853,001 3,848,732
Total liabilities 4,276,373 4,239,756
Commitments and contingent liabilities (see Note 11)
Redeemable noncontrolling interest (see Note 1) 18,812 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 8,091,245 7,898,055
Accumulated other comprehensive loss (119,610) (125,533)
Less treasury stock at cost, 144,502,338 shares and 100,970,426 shares, respectively (5,619,123) (5,053,160)
Total equity 2,704,872 3,071,722
Total liabilities, redeemable noncontrolling interest and equity $ 7,000,057 $ 7,328,896