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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
Current assets    
Cash and cash equivalents $ 8,338 $ 98,801
Accounts receivable, net of allowances of $3,007 and $3,266, respectively 430,151 406,852
Other receivables 16,076 32,442
Programming rights 25,194 37,758
Prepaid expenses and other current assets 27,536 61,070
Total current assets 507,295 636,923
Property and equipment    
Cost 815,648 782,602
Less accumulated depreciation (459,330) (447,262)
Net property and equipment 356,318 335,340
Intangible and other assets    
Goodwill 2,602,849 2,579,417
Indefinite-lived and amortizable intangible assets, less accumulated amortization 1,540,303 1,273,269
Investments and other assets 138,564 137,166
Total intangible and other assets 4,281,716 3,989,852
Total assets 5,145,329 4,962,115
Current liabilities    
Accounts payable 44,732 52,992
Accrued liabilities    
Compensation 27,836 54,088
Interest 53,948 39,217
Contracts payable for programming rights 82,833 105,040
Other 44,843 58,196
Dividends payable 15,226 15,173
Income taxes 2,960 0
Current portion of long-term debt 485 646
Total current liabilities 272,863 325,352
Noncurrent liabilities    
Income taxes 20,269 20,203
Deferred income taxes 386,781 382,310
Long-term debt 3,196,070 3,007,047
Pension liabilities 146,466 144,220
Other noncurrent liabilities 86,244 87,942
Total noncurrent liabilities 3,835,830 3,641,722
Total liabilities 4,108,693 3,967,074
Shareholders’ equity    
Common stock of $1 par value per share, 800,000,000 shares authorized, 324,418,632 shares issued 324,419 324,419
Additional paid-in capital 303,926 382,127
Retained earnings 6,124,209 6,062,995
Accumulated other comprehensive loss (125,993) (106,923)
Less treasury stock at cost, 108,738,874 shares and 109,487,979 shares, respectively (5,589,925) (5,667,577)
Total equity 1,036,636 995,041
Total liabilities and equity $ 5,145,329 $ 4,962,115