XML 59 R34.htm IDEA: XBRL DOCUMENT v3.3.0.814
Reportable Segments (Tables)
9 Months Ended
Sep. 30, 2015
Segment Reporting [Abstract]  
Revenues by Segment

Three Months Ended
 
Nine Months Ended

September 30,
 
September 30,

2015
 
2014

2015
 
2014
Revenues:











Entertainment
$
1,932


$
1,911


$
5,978


$
6,049

Cable Networks
526


624


1,680


1,677

Publishing
203


199


547


563

Local Broadcasting
638


680


1,888


1,971

Corporate/Eliminations
(42
)

(47
)

(117
)

(135
)
Total Revenues
$
3,257


$
3,367


$
9,976


$
10,125

Intercompany Revenues by Segment
 
Three Months Ended
 
Nine Months Ended
 
September 30,
 
September 30,
 
2015
 
2014
 
2015
 
2014
Intercompany Revenues:
 
 
 
 
 
 
 
Entertainment
$
39

 
$
45

 
$
113

 
$
130

Local Broadcasting
5

 
5

 
11

 
13

Total Intercompany Revenues
$
44

 
$
50

 
$
124

 
$
143

Segment Operating Income (Loss) and Reconciliation to Net Earnings (Loss)
 
Three Months Ended
 
Nine Months Ended
 
September 30,
 
September 30,
 
2015
 
2014
 
2015
 
2014
Segment Operating Income (Loss):
 
 
 
 
 
 
 
Entertainment
$
339

 
$
302

 
$
947

 
$
1,063

Cable Networks
246

 
266

 
717

 
733

Publishing
43

 
42

 
80

 
76

Local Broadcasting
174

 
192

 
533

 
586

Corporate
(49
)
 
(56
)
 
(181
)
 
(191
)
Total Segment Operating Income
753

 
746

 
2,096

 
2,267

Restructuring charges

 
(26
)
 
(55
)
 
(26
)
Impairment charge

 
(52
)
 

 
(52
)
Operating income
753


668


2,041


2,189

Interest expense
(102
)
 
(89
)
 
(289
)
 
(276
)
Interest income
6

 
4

 
18

 
10

Loss on early extinguishment of debt

 
(352
)
 

 
(352
)
Other items, net
(4
)
 
(21
)
 
(4
)
 
(10
)
Earnings from continuing operations before income taxes
and equity in loss of investee companies
653

 
210

 
1,766

 
1,561

Provision for income taxes
(211
)
 
(110
)
 
(579
)
 
(561
)
Equity in loss of investee companies, net of tax
(16
)
 
(28
)
 
(35
)
 
(48
)
Net earnings from continuing operations
426

 
72

 
1,152

 
952

Net earnings from discontinued operations, net of tax

 
1,567

 

 
1,594

Net earnings
$
426

 
$
1,639

 
$
1,152

 
$
2,546

Depreciation and Amortization by Segment
 
Three Months Ended
 
Nine Months Ended
 
September 30,
 
September 30,
 
2015
 
2014
 
2015
 
2014
Depreciation and Amortization:
 
 
 
 
 
 
 
Entertainment
$
31


$
33


$
95


$
105

Cable Networks
5


6


17


17

Publishing
1


1


4


4

Local Broadcasting
20


22


60


66

Corporate
8


6


23


18

Total Depreciation and Amortization
$
65


$
68


$
199


$
210

Stock-based Compensation by Segment
 
Three Months Ended
 
Nine Months Ended
 
September 30,
 
September 30,
 
2015
 
2014
 
2015
 
2014
Stock-based Compensation:
 
 
 
 
 
 
 
Entertainment
$
16

 
$
16

 
$
48

 
$
45

Cable Networks
3

 
2

 
8

 
7

Publishing
1

 
1

 
3

 
3

Local Broadcasting
5

 
7

 
21

 
22

Corporate
14

 
7

 
48

 
40

Total Stock-based Compensation
$
39

 
$
33

 
$
128

 
$
117

Capital Expenditures by Segment
 
Three Months Ended
 
Nine Months Ended
 
September 30,
 
September 30,
 
2015
 
2014
 
2015
 
2014
Capital Expenditures:
 
 
 
 
 
 
 
Entertainment
$
33


$
21


$
54


$
58

Cable Networks
5


2


8


7

Publishing
2




4


1

Local Broadcasting
15


15


33


35

Corporate
3

 
5

 
5

 
11

Total Capital Expenditures
$
58

 
$
43

 
$
104

 
$
112

Assets by Segment
 
At
 
At
 
September 30, 2015
 
December 31, 2014
Assets:
 
 
 
 
 
 
 
Entertainment
 
$
10,919

 
 
 
$
10,469

 
Cable Networks
 
2,236

 
 
 
2,113

 
Publishing
 
969

 
 
 
990

 
Local Broadcasting
 
9,549

 
 
 
9,585

 
Corporate
 
536

 
 
 
876

 
Discontinued operations
 
30

 
 
 
39

 
Total Assets
 
$
24,239

 
 
 
$
24,072