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SEGMENT DATA (Tables)
 9 Months Ended
Sep. 30, 2019
Segment Reporting [Abstract]  
Schedule of segment financial information
Segment financial information is included in the following tables for the periods presented (in millions):
As of September 30, 2019
 
Local News
 
Sports
 
Other
 
Corporate
 
Consolidated
Assets
 
$
4,868

 
$
11,815

 
$
706

 
$
390

 
$
17,779

For the three months ended September 30, 2019
 
Local News
 
Sports
 
Other
 
Corporate
 
Consolidated
Revenue
 
$
651

 
$
352

 
$
122

 
$
—

 
$
1,125

Depreciation of property and equipment and amortization of definite-lived intangibles and other assets
 
60

 
54

 
6

 
—

 
120

Amortization of program contract costs and net realizable value adjustments
 
22

 
—

 
—

 
—

 
22

Corporate general and administrative expenses
 
23

 
92

 
—

 
122

 
237

Gain on asset dispositions and other, net of impairment
 
(28
)
 
—

 
—

 
(7
)
 
(35
)
Operating income (loss)
 
146

 
(47
)
 
9

 
(114
)
 
(6
)
Interest expense
 
1

 
73

 
—

 
55

 
129

Income (loss) from equity method investments
 
—

 
1

 
(13
)
 
—

 
(12
)
For the three months ended September 30, 2018
 
Local News
 
Sports
 
Other
 
Corporate
 
Consolidated
Revenue
 
$
679

 
$
—

 
$
87

 
$
—

 
$
766

Depreciation of property and equipment and amortization of definite-lived intangibles and other assets
 
62

 
—

 
8

 
—

 
70

Amortization of program contract costs and net realizable value adjustments
 
24

 
—

 
—

 
—

 
24

Corporate general and administrative expenses
 
32

 
—

 
—

 
2

 
34

Gain on asset dispositions and other, net of impairment
 
(11
)
 
—

 
—

 
—

 
(11
)
Operating income (loss)
 
170

 
—

 
(9
)
 
(3
)
 
158

Interest expense
 
2

 
—

 
—

 
74

 
76

Loss from equity method investments
 
—

 
—

 
(14
)
 
—

 
(14
)
For the nine months ended September 30, 2019
 
Local News
 
Sports
 
Other
 
Corporate
 
Consolidated
Revenue
 
$
1,930

 
$
352

 
$
336

 
$
—

 
$
2,618

Depreciation of property and equipment and amortization of definite-lived intangibles and other assets
 
182

 
54

 
16

 
—

 
252

Amortization of program contract costs and net realizable value adjustments
 
68

 
—

 
—

 
—

 
68

Corporate general and administrative expenses
 
82

 
92

 
1

 
142

 
317

(Gain) loss on asset dispositions and other, net of impairment
 
(51
)
 
—

 
1

 
(7
)
 
(57
)
Operating income (loss)
 
376

 
(47
)
 
(1
)
 
(135
)
 
193

Interest expense
 
4

 
73

 
1

 
159

 
237

Income (loss) income from equity method investments
 
—

 
1

 
(39
)
 
—

 
(38
)
For the nine months ended September 30, 2018
 
Local News
 
Sports
 
Other
 
Corporate
 
Consolidated
Revenue
 
$
1,917

 
$
—

 
$
245

 
$
—

 
$
2,162

Depreciation of property and equipment and amortization of definite-lived intangibles and other assets
 
184

 
—

 
22

 
—

 
206

Amortization of program contract costs and net realizable value adjustments
 
76

 
—

 
—

 
—

 
76

Corporate general and administrative expenses
 
80

 
—

 
1

 
8

 
89

(Gain) loss on asset dispositions and other, net of impairment
 
(97
)
(b)
—

 
60

(a)
—

 
(37
)
Operating income (loss)
 
487

(b)
—

 
(82
)
(a)
(8
)
 
397

Interest expense
 
4

 
—

 
1

 
233

 
238

(Loss) income from equity method investments
 
—

 
—

 
(45
)
 
1

 
(44
)
 

(a)
Includes a $60 million impairment to the carrying value of a consolidated real estate venture.
(b)
Includes a gain of $83 million related to the auction proceeds. See Note 2. Acquisitions and Dispositions of Assets.