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Condensed Consolidated Statements of Operations (Unauited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Revenues (less agency commissions)    
Revenue (less agency commissions) $ 534 $ 518
Operating expenses before depreciation, amortization and gain on disposal of assets, net:    
Corporate and administrative 15 48
Depreciation 21 20
Amortization of intangible assets 26 29
Gain on disposal of assets, net (6) (10)
Operating expenses 410 478
Operating income 124 40
Other income (expense):    
Miscellaneous income, net (1) 3
Interest expense (52) (58)
Income (loss) before income taxes 71 (15)
Income tax expense 18 3
Net income (loss) 53 (18)
Preferred stock dividends 13 13
Net income (loss) attributable to common stockholders $ 40 $ (31)
Basic per common share information:    
Net income (loss) attributable to common stockholders (in dollars per share) $ 0.41 $ (0.31)
Weighted average shares outstanding (in shares) 98 99
Diluted per common share information:    
Net income (loss) attributable to common stockholders (in dollars per share) $ 0.40 $ (0.31)
Weighted average shares outstanding (in shares) 99 99
Dividends declared per common share (in dollars per share) $ 0 $ 0
Broadcasting, Segment [Member]    
Revenues (less agency commissions)    
Revenue (less agency commissions) $ 515 $ 481
Operating expenses before depreciation, amortization and gain on disposal of assets, net:    
Cost of goods and services sold 335 356
Operating expenses 372 392
Operating income 143 89
Other income (expense):    
Interest expense 0 0
Production Companies, Segment [Member]    
Revenues (less agency commissions)    
Revenue (less agency commissions) 19 37
Operating expenses before depreciation, amortization and gain on disposal of assets, net:    
Cost of goods and services sold 19 35
Operating expenses 22 38
Operating income (3) (1)
Other income (expense):    
Interest expense $ 0 $ 0