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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Current assets    
Cash and cash equivalents $ 200,770 $ 56,989
Accounts receivable, net of allowances of $5,564 and $4,371, respectively 615,824 642,280
Other receivables 7,802 15,496
Syndicated programming rights 24,114 53,100
Prepaid expenses and other current assets 36,867 19,724
Total current assets 885,377 787,589
Property and equipment    
Cost 1,070,911 1,053,851
Less accumulated depreciation (611,576) (586,656)
Net property and equipment 459,335 467,195
Intangible and other assets    
Goodwill 2,981,587 2,981,587
Indefinite-lived and amortizable intangible assets, less accumulated amortization of $328,592 and $298,593, respectively 2,411,489 2,441,488
Right-of-use assets for operating leases 84,270 87,279
Investments and other assets 143,420 152,508
Total intangible and other assets 5,620,766 5,662,862
Total assets 6,965,478 6,917,646
Current liabilities    
Accounts payable 86,381 72,996
Accrued liabilities    
Compensation 49,490 55,179
Interest 44,720 45,905
Contracts payable for programming rights 93,829 98,534
Other 88,696 91,098
Income taxes payable 7,610 11,420
Total current liabilities 370,726 375,132
Noncurrent liabilities    
Deferred income tax liability 552,250 548,374
Long-term debt 3,067,608 3,231,970
Pension liabilities 54,795 58,063
Operating lease liabilities 85,436 88,970
Other noncurrent liabilities 76,175 79,102
Total noncurrent liabilities 3,836,264 4,006,479
Total liabilities 4,206,990 4,381,611
Commitments and contingent liabilities (see Note 9)
Redeemable noncontrolling interest (see Note 1) 16,765 16,129
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 27,941
Retained earnings 7,583,436 7,459,380
Accumulated other comprehensive loss (111,028) (97,216)
Less treasury stock at cost, 101,391,312 shares and 103,012,455 shares, respectively (5,083,045) (5,194,618)
Total equity 2,741,723 2,519,906
Total liabilities, redeemable noncontrolling interest and equity $ 6,965,478 $ 6,917,646