SEGMENT DATA (Tables)

12 Months Ended

Dec. 31, 2019

Segment Reporting [Abstract]

Schedule of segment financial information

Segment financial information is included in the following tables for the years ended December 31, 2019, 2018, and 2017 (in millions):

As of December 31, 2019	Local News and Marketing Services		Sports		Other		Corporate		Consolidated
Goodwill	$	2,026	$	2,615	$	75	$	—	$	4,716
Assets	4,866		11,237		693		574		17,370
Capital expenditures	139		9		4		4		156

As of December 31, 2018	Local News and Marketing Services		Sports		Other		Corporate		Consolidated
Goodwill	$	2,055	$	—	$	69	$	—	$	2,124
Assets	4,797		—		721		1,054		6,572
Capital expenditures	95		—		5		5		105

For the year ended December 31, 2019	Local News and Marketing Services				Sports		Other			Corporate			Consolidated
Revenue	$	2,655			$	1,139	$	446		$	—		$	4,240
Depreciation of property and equipment and amortization of definite-lived intangible assets and other assets	245				157		22			—			424
Amortization of sports programming rights (a)	—				637		—			—			637
Amortization of program contract costs and net realizable value adjustments	90				—		—			—			90
Corporate general and administrative overhead expenses	144				93		1			149			387
Gain on asset dispositions and other, net of impairment	(62		)	(b)	—		(4		)	(26		)	(92		)
Operating income (loss)	513			(b)	65		15			(123		)	470
Interest expense and amortization of debt discount and deferred financing costs	5				200		1			216			422
Income (loss) from equity method investments	—				18		(53		)	—			(35		)

For the year ended December 31, 2018	Local News and Marketing Services				Sports		Other				Corporate			Consolidated
Revenue	$	2,715			$	—	$	340			$	—		$	3,055
Depreciation of property and equipment and amortization of definite-lived intangible assets and other assets	251				—		29				—			280
Amortization of program contract costs and net realizable value adjustments	101				—		—				—			101
Corporate general and administrative overhead expenses	100				—		1				10			111
(Gain) loss on asset dispositions and other, net of impairment	(100		)	(c)	—		60			(d)	—			(40		)
Operating income (loss)	752			(c)	—		(82		)	(d)	(10		)	660
Interest expense and amortization of debt discount and deferred financing costs	6				—		1				285			292
Loss from equity method investments	—				—		(61		)		—			(61		)

For the year ended December 31, 2017	Local News and Marketing Services			Sports		Other				Corporate			Consolidated
Revenue	$	2,394		$	—	$	242			$	—		$	2,636
Depreciation of property and equipment and amortization of definite-lived intangible assets and other assets	244			—		31				1			276
Amortization of program contract costs and net realizable value adjustments	116			—		—				—			116
Corporate general and administrative overhead expenses	101			—		1				11			113
Gain on asset dispositions and other, net of impairment	(226		)	—		(53		)	(e)	—			(279		)
Operating income (loss)	724			—		25			(e)	(12		)	737
Interest expense and amortization of debt discount and deferred financing costs	5			—		2				205			212
Loss from equity method investments	—			—		(14		)		—			(14		)

(a) The amortization of sports programming rights is included within media programming and production expenses on our consolidated statements of operations.

(b) Includes a gain of $62 million related to reimbursements for the spectrum repack costs. See Note 2. Acquisitions and Dispositions of Assets.

(c) Includes a gain of $83 million related to the auction proceeds. See Note 2. Acquisitions and Dispositions of Assets.

(d) Includes a $60 million impairment to the carrying value of a consolidated real estate venture. See Note 1. Nature of Operations and Summary of Significant Accounting Policies.

(e)

Includes a gain on the sale of Alarm of $53 million, of which $12 million was attributable to noncontrolling interests. See Note 2. Acquisitions and Dispositions of Assets.