Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2019	Dec. 31, 2018
Assets:
Cash	$ 212	$ 667
Accounts receivable, less allowance for doubtful accounts of $11 and $5, respectively	411	184
Current portion of program broadcast rights, net	25	15
Prepaid and other current assets	24	7
Total current assets	672	873
Property and equipment, net	725	363
Operating leases right of use asset	50	0
Broadcast licenses	3,573	1,530
Goodwill	1,446	612
Other intangible assets, net	460	53
Investments in broadcasting and technology companies	17	17
Restricted cash	0	752
Other	29	13
Total assets	6,972	4,213
Liabilities and stockholders’ equity:
Accounts payable	11	8
Employee compensation and benefits	67	35
Accrued interest	37	34
Accrued network programming fees	30	22
Other accrued expenses	32	18
Federal and state income taxes	13	14
Current portion of program broadcast obligations	28	15
Deferred revenue	9	4
Dividends payable	13	0
Current portion of operating lease liabilities	6	0
Total current liabilities	246	150
Long-term debt, less current portion and deferred financing costs	3,697	2,549
Program broadcast obligations, less current portion	7	5
Deferred income taxes	810	285
Accrued pension costs	38	33
Operating lease liabilities, less current portion	45	0
Other	15	4
Total liabilities	4,858	3,026
Commitments and contingencies (Note 12)
Series A Perpetual Preferred Stock, no par value; cumulative; redeemable; designated 1,500,000 shares, issued and outstanding 650,000 shares and 0 shares, ($650 and $0 aggregate liquidation value, respectively)	650	0
Stockholders’ equity:
Common stock	1,093	907
Retained earnings	504	372
Accumulated other comprehensive loss, net of income tax benefit	(31)	(21)
Stockholders' equity before treasury stock	1,597	1,285
Treasury stock at cost	(107)	(72)
Total stockholders’ equity	1,464	1,187
Total liabilities and stockholders’ equity	6,972	4,213
Common Class A [Member]
Stockholders’ equity:
Common stock	31	27
Treasury stock at cost	$ (26)	$ (26)