GOODWILL, INDEFINITE-LIVED INTANGIBLE ASSETS, AND OTHER INTANGIBLE ASSETS (Tables)

12 Months Ended

Dec. 31, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill

The change in the carrying amount of goodwill at December 31, 2022 and 2021 was as follows (in millions):

	Broadcast		Other		Consolidated
Balance at December 31, 2020	$	2,017	$	75	$	2,092
Disposition (a)	(1)		(3)		(4)
Balance at December 31, 2021	$	2,016	$	72	$	2,088
Balance at December 31, 2022	$	2,016	$	72	$	2,088

(a)See Note 2. Acquisitions and Dispositions of Assets for discussion of dispositions made during 2021.

Schedule of Indefinite-Lived Intangible Assets

As of December 31, 2022 and 2021, the carrying amount of our indefinite-lived intangible assets was as follows (in millions):

	Broadcast		Other		Consolidated
Balance at December 31, 2020 (a) (b)	$	144	$	27	$	171
Acquisition / Disposition (c)	(21)		—		(21)
Balance at December 31, 2021 (a) (b)	$	123	$	27	$	150
Balance at December 31, 2022	$	123	$	27	$	150

(a)Our indefinite-lived intangible assets in our broadcast segment relate to broadcast licenses and our indefinite-lived intangible assets in other relate to trade names.

(b)Approximately $14 million of indefinite-lived intangible assets relate to consolidated VIEs as of December 31, 2022 and 2021.

(c)See Note 2. Acquisitions and Dispositions of Assets for discussion of acquisitions and dispositions during 2021 and 2020.

Schedule of Finite-Lived Intangible Assets Amortization

The following table shows the gross carrying amount and accumulated amortization of definite-lived intangibles (in millions):

	As of December 31, 2022
	Gross Carrying Value		Accumulated Amortization		Net
Amortized intangible assets:
Customer relationships (b)	$	1,103	$	(659)	$	444
Network affiliation	$	1,436	$	(948)	$	488
Other	34		(20)		14
Total other definite-lived intangible assets, net (a) (b)	$	1,470	$	(968)	$	502

	As of December 31, 2021
	Gross Carrying Value		Accumulated Amortization		Net
Amortized intangible assets:
Customer relationships	$	5,323	$	(1,419)	$	3,904
Network affiliation	$	1,436	$	(861)	$	575
Favorable sports contracts	840		(251)		589
Other	51		(31)		20
Total other definite-lived intangible assets, net (a)	$	2,327	$	(1,143)	$	1,184

(a)Approximately $40 million and $47 million of definite-lived intangible assets relate to consolidated VIEs as of December 31, 2022 and 2021, respectively.

(b)During 2022, we deconsolidated $3,330 million of customer relationships and $585 million of favorable sports contracts related to the Deconsolidation, as discussed in Deconsolidation of Diamond Sports Intermediate Holdings LLC under Note 1. Nature of Operations and Summary of Significant Accounting Policies.

Schedule of Estimated Amortization Expense of the Definite-lived Intangible Assets

The following table shows the estimated annual amortization expense of the definite-lived intangible assets for the next five years and thereafter (in millions): 

2023	$	162
2024	152
2025	145
2026	141
2027	127
2028 and thereafter	219
	$	946