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Reportable Segments (Tables)
12 Months Ended
Dec. 31, 2015
Segment Reporting [Abstract]  
Revenues by Segment
The following tables set forth the Company’s financial performance by reportable segment.  The Company’s operating segments, which are the same as its reportable segments, have been determined in accordance with the Company’s internal management structure, which is organized based upon products and services.
Year Ended December 31,
2015

2014

2013
Revenues:
 
 
 
 
 
Entertainment
$
8,438

 
$
8,309

 
$
8,645

Cable Networks
2,242

 
2,176

 
2,069

Publishing
780

 
778

 
809

Local Broadcasting
2,607

 
2,756

 
2,696

Corporate/Eliminations
(181
)
 
(213
)
 
(214
)
Total Revenues
$
13,886

 
$
13,806

 
$
14,005

Intercompany Revenues by Segment
Year Ended December 31,
2015

2014

2013
Intercompany Revenues:
 
 
 
 
 
Entertainment
$
178

 
$
206

 
$
208

Cable Networks

 
1

 

Local Broadcasting
15

 
18

 
17

Total Intercompany Revenues
$
193

 
$
225

 
$
225

Operating Income (Loss) by Segment
Year Ended December 31,
2015
 
2014
 
2013
Segment Operating Income (Loss):
 
 
 
 
 
Entertainment
$
1,294

 
$
1,316

 
$
1,605

Cable Networks
945

 
974

 
878

Publishing
114

 
101

 
107

Local Broadcasting
765

 
878

 
812

Corporate
(275
)
 
(295
)
 
(357
)
Total Segment Operating Income
2,843

 
2,974

 
3,045

Restructuring charges
(81
)
 
(26
)
 
(20
)
Impairment charges
(484
)
 
(52
)
 

Gain on sales of businesses
139

 

 

Operating income
2,417

 
2,896

 
3,025

Interest expense
(392
)
 
(363
)
 
(375
)
Interest income
24

 
13

 
8

Loss on early extinguishment of debt

 
(352
)
 

Other items, net
(26
)
 
(30
)
 
7

Earnings from continuing operations before income taxes and
equity in loss of investee companies
2,023

 
2,164

 
2,665

Provision for income taxes
(587
)
 
(762
)
 
(878
)
Equity in loss of investee companies, net of tax
(33
)
 
(48
)
 
(49
)
Net earnings from continuing operations
1,403

 
1,354

 
1,738

Net earnings from discontinued operations, net of tax
10

 
1,605

 
141

Net earnings
$
1,413

 
$
2,959

 
$
1,879

Depreciation and Amortization by Segment
Year Ended December 31,
2015
 
2014
 
2013
Depreciation and Amortization:


 


 


Entertainment
$
126

 
$
139

 
$
153

Cable Networks
23

 
23

 
20

Publishing
6

 
6

 
6

Local Broadcasting
79

 
87

 
86

Corporate
30

 
26

 
25

Total Depreciation and Amortization
$
264

 
$
281

 
$
290

Stock-based Compensation by Segment
Year Ended December 31,
2015
 
2014
 
2013
Stock-based Compensation:
 
 
 
 
 
Entertainment
$
61

 
$
56

 
$
56

Cable Networks
11

 
9

 
8

Publishing
4

 
4

 
4

Local Broadcasting
28

 
28

 
27

Corporate
70

 
57

 
127

Total Stock-based Compensation
$
174

 
$
154

 
$
222

Capital Expenditures by Segment
Year Ended December 31,
2015
 
2014
 
2013
Capital Expenditures:
 
 
 
 
 
Entertainment
$
99

 
$
94

 
$
101

Cable Networks
18

 
16

 
16

Publishing
10

 
4

 
4

Local Broadcasting
50

 
65

 
64

Corporate
16

 
27

 
27

Total Capital Expenditures
$
193

 
$
206

 
$
212

Assets by Segment
At December 31,
2015
 
2014
Assets:
 
 
 
Entertainment
$
10,910

 
$
10,580

Cable Networks
2,369

 
2,131

Publishing
880

 
877

Local Broadcasting
9,105

 
9,575

Corporate
476

 
733

Discontinued operations
25

 
39

Total Assets
$
23,765

 
$
23,935

Revenues by Type
Year Ended December 31,
2015

2014

2013
Revenues by Type:
 
 
 
 
 
Advertising
$
7,018

 
$
7,204

 
$
7,525

Content licensing and distribution
3,903

 
3,990

 
3,997

Affiliate and subscription fees
2,724

 
2,362

 
2,221

Other
241

 
250

 
262

Total Revenues
$
13,886

 
$
13,806

 
$
14,005

Revenues by Customer Location
Year Ended December 31,
2015
 
2014
 
2013
Revenues: (a)
 
 
 
 
 
United States
$
11,882

 
$
12,013

 
$
12,178

International
2,004

 
1,793

 
1,827

Total Revenues
$
13,886

 
$
13,806

 
$
14,005


(a) Revenue classifications are based on customers’ locations.
Long-lived Assets by Geographic Area
At December 31,
2015

2014
Long-lived Assets: (a)
 
 
 
United States
$
17,375

 
$
17,848

International
357

 
328

Total Long-lived Assets
$
17,732

 
$
18,176


(a) Reflects total assets from both continuing and discontinued operations less current assets, investments and noncurrent deferred tax assets.