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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($)
shares in Thousands, $ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Revenues [Abstract]      
Net revenue $ 5,211.0 $ 4,648.4 $ 4,501.3
Operating expenses (income):      
Direct operating expenses, excluding depreciation and amortization 2,004.8 1,862.4 1,720.5
Selling, general and administrative expenses, excluding depreciation and amortization 1,101.9 1,024.2 912.1
Depreciation and amortization expense 662.1 588.6 564.9
Goodwill and other long-lived asset impairments 132.9 23.0  
Spectrum repack reimbursements (2.8) (19.7) (57.3)
Gain on relinquishment of spectrum     (10.8)
Other   (5.5) (3.5)
Total operating expenses 3,898.9 3,473.0 3,125.9
Income from operations 1,312.1 1,175.4 1,375.4
Gain on bargain purchase 55.6    
Income from equity method investments, net 153.4 124.6 70.2
Interest expense, net (336.6) (282.7) (335.3)
Loss on extinguishment of debt (2.9) (3.2) (50.7)
Pension and other postretirement plans credit, net 43.1 80.9 46.0
Other expenses, net (7.6) (1.7) (1.0)
Income before income taxes 1,217.1 1,093.3 1,104.6
Income tax expense (273.6) (262.9) (296.5)
Net income 943.5 830.4 808.1
Net loss attributable to noncontrolling interests 27.6 4.1 3.4
Net income attributable to Nexstar Media Group, Inc. $ 971.1 $ 834.5 $ 811.5
Net income per common share attributable to Nexstar Media Group, Inc.:      
Basic $ 24.68 $ 19.81 $ 18.06
Diluted $ 24.16 $ 18.98 $ 17.37
Weighted average number of common shares outstanding:      
Basic (in thousands) 39,349 42,133 44,921
Diluted (in thousands) 40,187 43,982 46,720
Net income $ 943.5 $ 830.4 $ 808.1
Other comprehensive income (loss):      
Change in unrecognized amounts included in pension and other postretirement benefit obligations, net of tax benefit (expense) of $39.2 in 2022, ($36.7) in 2021, and ($5.0) in 2020 (114.4) 107.1 14.6
Total comprehensive income 829.1 937.5 822.7
Total comprehensive loss attributable to noncontrolling interests 27.6 4.1 3.4
Total comprehensive income attributable to Nexstar Media Group, Inc. $ 856.7 $ 941.6 $ 826.1