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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Current assets    
Cash and cash equivalents $ 56,989 $ 40,968
Accounts receivable, net of allowances of $4,371 and $7,035, respectively 642,280 550,755
Other receivables 15,496 14,031
Syndicated programming rights 53,100 47,331
Prepaid expenses and other current assets 19,724 19,509
Total current assets 787,589 672,594
Property and equipment    
Land 86,447 86,456
Buildings and improvements 341,112 329,088
Equipment, furniture and fixtures 615,531 593,517
Construction in progress 10,761 17,398
Total 1,053,851 1,026,459
Less accumulated depreciation (586,656) (556,100)
Net property and equipment 467,195 470,359
Intangible and other assets    
Goodwill 2,981,587 2,968,693
Indefinite-lived and amortizable intangible assets, less accumulated amortization of $298,593 and $235,582, respectively 2,441,488 2,503,644
Right-of-use assets for operating leases 87,279 97,190
Investments and other assets 152,508 136,219
Total intangible and other assets 5,662,862 5,705,746
Total assets 6,917,646 6,848,699
Current liabilities    
Accounts payable 72,996 58,049
Accrued liabilities    
Compensation 55,179 46,213
Interest 45,905 47,249
Contracts payable for programming rights 98,534 130,522
Other 91,098 78,219
Income taxes payable 11,420 63,923
Total current liabilities 375,132 424,175
Noncurrent liabilities    
Deferred income tax liability 548,374 530,240
Long-term debt 3,231,970 3,553,220
Pension liabilities 58,063 85,908
Operating lease liabilities 88,970 99,337
Other noncurrent liabilities 79,102 82,791
Total noncurrent liabilities 4,006,479 4,351,496
Total liabilities 4,381,611 4,775,671
Commitments and contingent liabilities (see Note 11)
Redeemable noncontrolling interest (see Note 11) 16,129 14,933
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 27,941 113,267
Retained earnings 7,459,380 7,075,640
Accumulated other comprehensive loss (97,216) (121,076)
Less treasury stock at cost, 103,012,455 shares and 104,918,360 shares, respectively (5,194,618) (5,334,155)
Total equity 2,519,906 2,058,095
Total liabilities, redeemable noncontrolling interest and equity $ 6,917,646 $ 6,848,699