Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Millions	Sep. 30, 2020	Dec. 31, 2019
Assets:
Cash	$ 467	$ 212
Accounts receivable, less allowance for credit losses of $11 and $11, respectively	384	411
Current portion of program broadcast rights, net	33	25
Prepaid income taxes	13	0
Prepaid and other current assets	21	24
Total current assets	918	672
Property and equipment, net	726	725
Operating leases right of use asset	58	50
Broadcast licenses	3,577	3,573
Goodwill	1,448	1,446
Other intangible assets, net	391	460
Investments in broadcasting, production and technology companies	65	31
Other	41	15
Total assets	7,224	6,972
Liabilities and stockholders’ equity:
Accounts payable	79	11
Employee compensation and benefits	59	67
Accrued interest	45	37
Accrued network programming fees	38	30
Other accrued expenses	22	32
Federal and state income taxes	2	13
Current portion of program broadcast obligations	34	28
Deferred revenue	45	9
Dividends payable	13	13
Current portion of operating lease liabilities	7	6
Total current liabilities	344	246
Long-term debt, less current portion and deferred financing costs	3,706	3,697
Program broadcast obligations, less current portion	5	7
Deferred income taxes	852	810
Accrued pension costs	34	38
Operating lease liabilities, less current portion	54	45
Other	17	15
Total liabilities	5,012	4,858
Commitments and contingencies (Note 10)
Series A Perpetual Preferred Stock, no par value; cumulative; redeemable; designated 1,500,000 shares, issued and outstanding 650,000 shares, at each date and $650 aggregate liquidation value, at each date	650	650
Stockholders’ equity:
Common stock	1,109	1,093
Retained earnings	651	504
Accumulated other comprehensive loss, net of income tax benefit	(31)	(31)
Stockholders' equity before treasury stock	1,760	1,597
Treasury stock at cost	(172)	(107)
Total stockholders’ equity	1,562	1,464
Total liabilities and stockholders’ equity	7,224	6,972
Common Class A [Member]
Stockholders’ equity:
Common stock	31
Treasury stock at cost	$ (26)	$ (26)