Consolidated Statements of Cash Flows - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Cash flows from operating activities:
Net income	$ 410	$ 179	$ 211
Adjustments to reconcile net income to net cash from operating activities:
Depreciation	96	80	54
Amortization of intangible assets	105	115	21
Amortization of deferred loan costs	12	12	5
Accretion of original issue discount and premium related to long-term debt, net	(1)	(1)	(1)
Amortization of restricted stock awards	16	16	7
Amortization of program broadcast rights	38	39	21
Payments on program broadcast obligations	(39)	(43)	(22)
Common stock contributed to 401(k) plan	4	4	0
Deferred income taxes	75	55	23
Gain on disposal of assets, net	(29)	(54)	(17)
Loss on early extinguishment of debt	12	0	0
Other	12	7	(5)
Changes in operating assets and liabilities, net of acquisitions:
Accounts receivable	(14)	22	(12)
Income tax receivable or prepaid	(21)	0	14
Other current assets	(36)	(7)	(3)
Accounts payable	(1)	(1)	1
Employee compensation, benefits and pension costs	(14)	3	5
Accrued network fees and other expenses	7	(41)	7
Accrued interest	0	3	8
Income taxes payable	7	(6)	6
Deferred revenue	13	3	0
Net cash provided by operating activities	652	385	323
Cash flows from investing activities:
Acquisitions of television businesses and licenses, net of cash acquired	(91)	(2,837)	0
Proceeds from sale of television stations	0	253	9
Purchases of property and equipment	(110)	(110)	(70)
Proceeds from Repack reimbursement (Note 1)	29	41	14
Proceeds from asset sales	9	3	0
Investments in broadcast, production and technology companies	(48)	0	0
Other	0	(6)	0
Net cash used in investing activities	(211)	(2,656)	(47)
Cash flows from financing activities:
Borrowings on long-term debt	800	1,400	750
Repayments of long-term debt	(525)	(211)	(40)
Repurchases of common stock	(75)	(32)	(19)
Preferred stock dividends	(52)	(39)	0
Deferred and other loan costs	(22)	(50)	(5)
Payments for taxes related to net share settlement of equity awards	(6)	(4)	(5)
Net cash provided by financing activities	120	1,064	681
Net increase (decrease) in cash	561	(1,207)	205
Net increase in restricted cash, included in non-current assets	0	0	752
Cash and restricted cash at beginning of period	212	1,419	462
Cash and restricted cash at end of period	$ 773	$ 212	$ 1,419