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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 430,764 $ 361,036
Accounts receivable, net of allowances of $2,535 and $2,845, respectively 604,537 624,445
Other receivables 11,023 9,299
Syndicated programming rights 21,281 31,530
Prepaid expenses and other current assets 28,386 24,008
Total current assets 1,095,991 1,050,318
Property and equipment    
Cost 1,082,848 1,078,209
Less accumulated depreciation (640,149) (626,029)
Net property and equipment 442,699 452,180
Intangible and other assets    
Goodwill 3,015,973 2,981,587
Indefinite-lived and amortizable intangible assets, less accumulated amortization of $257,433 and $289,949, respectively 2,349,712 2,328,972
Right-of-use assets for operating leases 70,897 73,479
Investments and other assets 129,388 113,521
Total intangible and other assets 5,565,970 5,497,559
Total assets 7,104,660 7,000,057
Current liabilities    
Accounts payable 80,001 114,950
Accrued liabilities    
Compensation 48,271 54,929
Interest 11,891 45,144
Contracts payable for programming rights 130,298 119,562
Other 97,064 82,782
Income taxes payable 66,453 6,005
Total current liabilities 433,978 423,372
Noncurrent liabilities    
Deferred income tax liability 578,244 578,219
Long-term debt 3,073,692 3,072,801
Pension liabilities 69,706 70,483
Operating lease liabilities 70,937 73,733
Other noncurrent liabilities 61,040 57,765
Total noncurrent liabilities 3,853,619 3,853,001
Total liabilities 4,287,597 4,276,373
Commitments and contingent liabilities (see Note 10)
Redeemable noncontrolling interest (see Note 1) 19,174 18,812
Shareholders' equity    
Common stock of $1 per 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 8,248,066 8,091,245
Accumulated other comprehensive loss (118,499) (119,610)
Less treasury stock at cost, 153,095,072 shares and 144,502,338 shares, respectively (5,684,038) (5,619,123)
Total equity 2,797,889 2,704,872
Total liabilities, redeemable noncontrolling interest and equity $ 7,104,660 $ 7,000,057