Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Operating activities
Net income	$ 39	$ 53
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation	25	21
Amortization of intangible assets	26	26
Amortization of deferred loan costs	3	3
Amortization of restricted stock awards	4	4
Amortization of program broadcast rights	9	9
Payments on program broadcast obligations	(9)	(10)
Common stock contributed to 401(k) plan	1	0
Deferred income taxes	9	9
Gain on disposal of assets, net	(4)	(6)
Other	(5)	0
Changes in operating assets and liabilities:
Accounts receivable	12	26
Other current assets	31	(12)
Accounts payable	10	12
Employee compensation, benefits and pension cost	10	(20)
Accrued network fees and other expenses	(19)	(3)
Accrued interest	12	9
Income taxes payable	5	9
Deferred revenue	(12)	1
Net cash provided by operating activities	147	131
Investing activities
Acquisitions of television businesses and licenses, net of cash acquired	(40)	(1)
Purchases of property and equipment	(13)	(27)
Proceeds from asset sales	0	1
Proceeds from Repack reimbursement (Note 1)	4	6
Investments in broadcast, production and technology companies	(24)	0
Other	0	(3)
Net cash used in investing activities	(73)	(24)
Financing activities
Payments for the repurchase of common stock	0	(6)
Payment of common stock dividends	(8)	0
Payment of preferred stock dividends	(13)	(13)
Deferred and other loan costs	(1)	0
Payment for taxes related to net share settlement of equity awards	(6)	(4)
Net cash used in financing activities	(28)	(23)
Net increase in cash	46	84
Cash and restricted cash at beginning of period	773	212
Cash at end of period	$ 819	$ 296