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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Current assets    
Cash and cash equivalents $ 716,647 $ 693,214
Accounts receivable, net of allowances of $3,531 and $2,831, respectively 594,829 604,300
Other receivables 6,911 11,752
Syndicated programming rights 19,525 28,097
Prepaid expenses and other current assets 28,994 23,049
Total current assets 1,366,906 1,360,412
Property and equipment    
Cost 1,097,949 1,093,900
Less accumulated depreciation (664,183) (649,581)
Net property and equipment 433,766 444,319
Intangible and other assets    
Goodwill 3,015,944 3,015,944
Indefinite-lived and amortizable intangible assets, less accumulated amortization of $194,028 and $185,175, respectively 2,300,919 2,309,772
Right-of-use assets for operating leases 51,992 63,535
Investments and other assets 132,230 132,537
Total intangible and other assets 5,501,085 5,521,788
Total assets 7,301,757 7,326,519
Current liabilities    
Accounts payable 88,827 87,338
Accrued liabilities    
Compensation 56,209 64,343
Interest 12,042 44,719
Contracts payable for programming rights 151,733 143,095
Other 94,987 75,454
Income taxes payable 21,266 51,331
Current portion of long-term debt 548,454 0
Total current liabilities 973,518 466,280
Noncurrent liabilities    
Net deferred income tax liabilities 580,556 579,213
Long-term debt 2,528,920 3,076,451
Pension liabilities 62,236 65,956
Operating lease liabilities 47,516 63,421
Other noncurrent liabilities 49,433 50,167
Total noncurrent liabilities 3,268,661 3,835,208
Total liabilities 4,242,179 4,301,488
Commitments and contingent liabilities (see Note 10)
Redeemable noncontrolling interest (see Note 1) 20,708 20,317
Shareholders' equity    
Common stock of $1 per 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 8,531,880 8,549,717
Accumulated other comprehensive loss (105,621) (106,644)
Less treasury stock at cost, 163,703,324 shares and 164,520,591 shares, respectively (5,739,749) (5,790,719)
Total equity 3,038,870 3,004,714
Total liabilities, redeemable noncontrolling interest and equity $ 7,301,757 $ 7,326,519