XML 82 R67.htm IDEA: XBRL DOCUMENT v3.20.4
Note 10 - Income Taxes - Significant Components of Deferred Tax Liabilities and Assets (Details) - USD ($)
$ in Millions
Dec. 31, 2020
Dec. 31, 2019
Deferred tax liabilities:    
Net book value of property and equipment $ 92 $ 83
Broadcast licenses, goodwill and other intangible assets 878 869
Total deferred tax liabilities 970 952
Deferred tax assets:    
Liability for accrued vacation 4 3
Liability for accrued bonus 5 7
Deferred payroll taxes 3 0
Allowance for credit losses 3 3
Liability for pension plan 11 10
Federal operating loss carryforwards 38 87
State and local operating loss carryforwards 21 31
Acquisition costs 2 2
Restricted stock 4 4
Investments 4 4
Interest expense limitation 4 4
Other 1 1
Total deferred tax assets 100 156
Valuation allowance for deferred tax assets (15) (14)
Net deferred tax assets 85 142
Deferred tax liabilities, net of deferred tax assets $ 885 $ 810