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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net income (loss) $ 2,701 $ (326) $ (2,429)
Adjustments to reconcile net income (loss) to net cash flows from operating activities:      
Impairment of goodwill and definite-lived intangible assets 0 0 4,264
Amortization of sports programming rights 326 2,350 1,078
Amortization of definite-lived intangible and other assets 221 477 572
Depreciation of property and equipment 100 114 102
Amortization of program contract costs 90 93 86
Stock-based compensation 50 60 52
Deferred tax provision (benefit) 906 (92) (604)
Gain on asset disposition and other, net of impairment (11) (69) (119)
Gain on deconsolidation of subsidiary (3,357) 0 0
(Income) loss from equity method investments (56) (45) 36
Loss (income) from investments 133 38 (152)
Distributions from investments 87 54 27
Sports programming rights payments (325) (1,834) (1,345)
Rebate payments to distributors (15) (202) 0
(Gain) loss on extinguishment of debt (3) 7 10
Measurement adjustment loss (gain) on variable payment obligations 3 (15) (159)
Changes in assets and liabilities, net of acquisitions and deconsolidation of subsidiary:      
Decrease (increase) in accounts receivable 20 (187) 70
(Increase) decrease in prepaid expenses and other current assets (96) (86) 48
(Decrease) increase in accounts payable and accrued and other current liabilities (14) 113 (3)
Net change in current and long-term net income taxes payable/receivable 147 (52) (127)
Decrease in program contracts payable (103) (102) (96)
(Decrease) increase in other long-term liabilities (7) 3 198
Other, net 2 28 39
Net cash flows from operating activities 799 327 1,548
CASH FLOWS USED IN INVESTING ACTIVITIES:      
Acquisition of property and equipment (105) (80) (157)
Acquisition of businesses, net of cash acquired 0 (4) (16)
Spectrum repack reimbursements 4 24 90
Proceeds from the sale of assets 9 43 36
Deconsolidation of subsidiary cash (315) 0 0
Purchases of investments (75) (256) (139)
Distributions from investments 99 26 26
Other, net 2 1 1
Net cash flows used in investing activities (381) (246) (159)
CASH FLOWS USED IN FINANCING ACTIVITIES:      
Proceeds from notes payable and commercial bank financing 728 357 1,819
Repayments of notes payable, commercial bank financing, and finance leases (863) (601) (1,739)
Repurchase of outstanding Class A Common Stock (120) (61) (343)
Dividends paid on Class A and Class B Common Stock (70) (60) (63)
Dividends paid on redeemable subsidiary preferred equity (7) (5) (36)
Redemption of redeemable subsidiary preferred equity 0 0 (547)
Debt issuance costs 0 (1) (19)
Distributions to noncontrolling interests, net (12) (95) (32)
Distributions to redeemable noncontrolling interests 0 (6) (383)
Other, net (9) (52) (117)
Net cash flows used in financing activities (353) (524) (1,460)
NET INCREASE (DECREASE) IN CASH, CASH EQUIVALENTS, AND RESTRICTED CASH 65 (443) (71)
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH, beginning of year 819 1,262 1,333
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH, end of year $ 884 $ 819 $ 1,262