Consolidated Statements of Cash Flows - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Operating activities
Net income	$ 179	$ 211	$ 262
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation	80	54	52
Amortization of intangible assets	115	21	25
Amortization of deferred loan costs	12	5	5
Accretion of original issue discount and premium related to long-term debt, net	(1)	(1)	(1)
Amortization of restricted stock and stock option awards	16	7	9
Amortization of program broadcast rights	39	21	21
Payments on program broadcast obligations	(43)	(22)	(21)
Deferred income taxes	55	23	(78)
Gain on disposals of assets, net	(54)	(17)	(74)
Loss from early extinguishment of debt	0	0	3
Other	11	(5)	(3)
Changes in operating assets and liabilities:
Accounts receivable	22	(12)	(24)
Prepaid income taxes	0	14	1
Other current assets	(7)	(3)	1
Accounts payable	(1)	1	2
Employee compensation, benefits and pension costs	3	5	(2)
Accrued network fees and other expenses	(41)	7	3
Accrued interest	3	8	(6)
Income taxes payable	(6)	6	6
Deferred revenue	3	0	(1)
Net cash provided by operating activities	385	323	180
Investing activities
Acquisitions of television businesses and licenses	(2,837)	0	(416)
Proceeds from sale of television stations	253	9	0
Proceeds from FCC spectrum auction	0	0	91
Purchases of property and equipment	(110)	(70)	(35)
Proceeds from Repack (Note 1)	41	14	0
Proceeds from other asset sales	3	0	0
Net (increase) decrease in acquisition prepayments and other	(6)	0	10
Net cash used in investing activities	(2,656)	(47)	(350)
Financing activities
Proceeds from borrowings on long-term debt	1,400	750	642
Repayments of borrowings on long-term debt	(211)	(40)	(563)
Payments for the repurchase of common stock	(32)	(19)	(4)
Proceeds from issuance of common stock	0	0	239
Payment of preferred stock dividends	(39)	0	0
Deferred and other loan costs	(50)	(5)	(5)
Payments for taxes related to net share settlement of equity awards	(4)	(5)	(2)
Net cash provided by financing activities	1,064	681	307
Net (decrease) increase in cash	(1,207)	205	137
Net increase in restricted cash, included in non-current assets	0	752	0
Cash and restricted cash at beginning of period	1,419	462	325
Cash and restricted cash at end of period	$ 212	$ 1,419	$ 462