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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2018
Dec. 31, 2017
Current assets    
Cash and cash equivalents $ 24,503 $ 98,801
Accounts receivable, net of allowances of $3,459 and $3,266, respectively 414,316 406,852
Other receivables 32,018 32,442
Programming rights 11,669 37,758
Prepaid expenses and other current assets 20,372 61,070
Total current assets 502,878 636,923
Property and equipment    
Cost 822,065 782,602
Less accumulated depreciation (470,697) (447,262)
Net property and equipment 351,368 335,340
Intangible and other assets    
Goodwill 2,596,505 2,579,417
Indefinite-lived and amortizable intangible assets, less accumulated amortization 1,542,171 1,273,269
Investments and other assets 149,741 137,166
Total intangible and other assets 4,288,417 3,989,852
Total assets 5,142,663 4,962,115
Current liabilities    
Accounts payable 45,565 52,992
Accrued liabilities    
Compensation 35,984 54,088
Interest 38,664 39,217
Contracts payable for programming rights 75,996 105,040
Other 49,247 58,196
Dividends payable 15,158 15,173
Current portion of long-term debt 323 646
Total current liabilities 260,937 325,352
Noncurrent liabilities    
Income taxes 20,247 20,203
Deferred income taxes 395,611 382,310
Long-term debt 3,131,137 3,007,047
Pension liabilities 136,986 144,220
Other noncurrent liabilities 80,834 87,942
Total noncurrent liabilities 3,764,815 3,641,722
Total liabilities 4,025,752 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 304,066 382,127
Retained earnings 6,201,694 6,062,995
Accumulated other comprehensive loss (124,741) (106,923)
Less treasury stock at cost, 109,151,797 shares and 109,487,979 shares, respectively (5,588,527) (5,667,577)
Total equity 1,116,911 995,041
Total liabilities and equity $ 5,142,663 $ 4,962,115