XML 9 R2.htm IDEA: XBRL DOCUMENT v3.25.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Current assets    
Cash and cash equivalents $ 756,540 $ 693,214
Accounts receivable, net of allowances of $3,831 and $2,831, respectively 583,654 604,300
Other receivables 14,028 11,752
Syndicated programming rights 10,767 28,097
Prepaid expenses and other current assets 26,368 23,049
Total current assets 1,391,357 1,360,412
Property and equipment    
Cost 1,076,704 1,093,900
Less accumulated depreciation (651,701) (649,581)
Net property and equipment 425,003 444,319
Intangible and other assets    
Goodwill 3,015,944 3,015,944
Indefinite-lived and amortizable intangible assets, less accumulated amortization of $202,860 and $185,175, respectively 2,291,462 2,309,772
Right-of-use assets for operating leases 52,572 63,535
Investments and other assets 130,373 132,537
Total intangible and other assets 5,490,351 5,521,788
Total assets 7,306,711 7,326,519
Current liabilities    
Accounts payable 85,434 87,338
Accrued liabilities    
Compensation 54,705 64,343
Interest 43,967 44,719
Contracts payable for programming rights 130,646 143,095
Other 80,975 75,454
Income taxes payable 0 51,331
Current portion of long-term debt 548,848 0
Total current liabilities 944,575 466,280
Noncurrent liabilities    
Net deferred income tax liabilities 582,465 579,213
Long-term debt 2,529,464 3,076,451
Pension liabilities 60,793 65,956
Operating lease liabilities 47,341 63,421
Other noncurrent liabilities 48,750 50,167
Total noncurrent liabilities 3,268,813 3,835,208
Total liabilities 4,213,388 4,301,488
Commitments and contingent liabilities (see Note 10)
Redeemable noncontrolling interest (see Note 1) 0 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 8,574,627 8,549,717
Accumulated other comprehensive loss (104,532) (106,644)
Less treasury stock at cost, 163,542,945 shares and 164,520,591 shares, respectively (5,729,132) (5,790,719)
Total equity 3,093,323 3,004,714
Total liabilities, redeemable noncontrolling interest and equity $ 7,306,711 $ 7,326,519