XML 70 R60.htm IDEA: XBRL DOCUMENT v3.23.3
Note 13 - Segment Information - Segment Information (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Dec. 31, 2022
Dec. 30, 2022
Revenue (less agency commissions) $ 803 $ 909 $ 2,417 $ 2,604    
Operating expenses before depreciation, amortization, impairment and loss on disposal of assets, net:     1,831 1,731    
Depreciation and amortization     253 252    
Impairment of goodwill and other intangible assets 43 0 43 0    
Loss on disposal of assets, net     20 (6)    
Operating expenses 719 664 2,147 1,977    
Operating income (loss) 84 245 270 627    
Interest expense 111 94 324 254    
Capital expenditures (excluding business combinations)     288 298    
Goodwill 2,643   2,643   $ 2,663 $ 2,663
Total assets 10,735   10,735   11,152  
Operating expenses before depreciation, amortization and (gain) loss on disposal of assets, net:     1,831 1,731    
Broadcasting, Segment [Member]            
Revenue (less agency commissions) 783 889 2,363 2,548    
Production Companies, Segment [Member]            
Revenue (less agency commissions) 20 $ 20 54 56    
Operating Segments [Member] | Broadcasting, Segment [Member]            
Revenue (less agency commissions)     2,363 2,548    
Operating expenses before depreciation, amortization, impairment and loss on disposal of assets, net:     1,664 1,595    
Depreciation and amortization     241 240    
Impairment of goodwill and other intangible assets     0      
Loss on disposal of assets, net     18 (6)    
Operating expenses     1,923 1,829    
Operating income (loss)     440 719    
Interest expense     0 0    
Capital expenditures (excluding business combinations)     83 114    
Goodwill 2,615   2,615   2,618  
Total assets 10,014   10,014   10,444  
Operating expenses before depreciation, amortization and (gain) loss on disposal of assets, net:     1,664 1,595    
Operating Segments [Member] | Production Companies, Segment [Member]            
Revenue (less agency commissions)     54 56    
Operating expenses before depreciation, amortization, impairment and loss on disposal of assets, net:     88 56    
Depreciation and amortization     9 10    
Impairment of goodwill and other intangible assets     43      
Loss on disposal of assets, net     2 0    
Operating expenses     142 66    
Operating income (loss)     (88) (10)    
Interest expense     0 0    
Capital expenditures (excluding business combinations)     201 181    
Goodwill 28   28   45  
Total assets 653   653   535  
Operating expenses before depreciation, amortization and (gain) loss on disposal of assets, net:     88 56    
Segment Reconciling Items [Member]            
Revenue (less agency commissions)     0 0    
Operating expenses before depreciation, amortization, impairment and loss on disposal of assets, net:     79 80    
Depreciation and amortization     3 2    
Impairment of goodwill and other intangible assets     0      
Loss on disposal of assets, net     0 0    
Operating expenses     82 82    
Operating income (loss)     (82) (82)    
Interest expense     324 254    
Capital expenditures (excluding business combinations)     4 3    
Goodwill 0   0   0  
Total assets $ 68   68   $ 173  
Operating expenses before depreciation, amortization and (gain) loss on disposal of assets, net:     $ 79 $ 80