Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Millions	Jun. 30, 2020	Dec. 31, 2019
Assets:
Cash	$ 379	$ 212
Accounts receivable trade, less allowance for credit losses of $15 and $11, respectively	354	411
Current portion of program broadcast rights, net	8	25
Prepaid and other current assets	18	24
Total current assets	759	672
Property and equipment, net	732	725
Operating leases right of use asset	59	50
Broadcast licenses	3,574	3,573
Goodwill	1,446	1,446
Other intangible assets, net	408	460
Investments in broadcasting and technology companies	49	31
Other	13	15
Total assets	7,040	6,972
Liabilities and stockholders’ equity:
Accounts payable	86	11
Employee compensation and benefits	55	67
Accrued interest	35	37
Accrued network programming fees	37	30
Other accrued expenses	22	32
Federal and state income taxes	23	13
Current portion of program broadcast obligations	9	28
Deferred revenue	10	9
Dividends payable	13	13
Current portion of operating lease liabilities	7	6
Total current liabilities	297	246
Long-term debt, less current portion and deferred financing costs	3,703	3,697
Program broadcast obligations, less current portion	6	7
Deferred income taxes	824	810
Accrued pension costs	37	38
Operating lease liabilities, less current portion	54	45
Other	11	15
Total liabilities	4,932	4,858
Commitments and contingencies (Note 9)
Series A Perpetual Preferred Stock, no par value; cumulative; redeemable; designated 1,500,000 shares, issued and outstanding 650,000 shares at each date, ($650 aggregate liquidation value at each date)	650	650
Stockholders’ equity:
Common stock	1,104	1,093
Retained earnings	542	504
Accumulated other comprehensive loss, net of income tax benefit	(31)	(31)
Stockholders' equity before treasury stock	1,646	1,597
Treasury stock at cost	(162)	(107)
Total stockholders’ equity	1,458	1,464
Total liabilities and stockholders’ equity	7,040	6,972
Common Class A [Member]
Stockholders’ equity:
Common stock	31	31
Treasury stock at cost	$ (26)	$ (26)