Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2025	Mar. 31, 2024
Operating activities
Net income	$ (9)	$ 88
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation	34	36
Amortization of Intangible Assets	29	31
Amortization of deferred loan costs	4	3
Amortization of stock based compensation	7	6
Amortization of program broadcast rights	6	7
Payments on program broadcast obligations	(7)	(8)
Deferred income taxes	(16)	(6)
Gain on disposal of property and equipment, net	(3)	0
Loss (gain) on sale of investment	1	(110)
Gain on early extinguishment of debt	(1)	0
Other	4	(2)
Changes in operating assets and liabilities:
Accounts receivable, net	139	(20)
Income tax receivable or prepaid	1	4
Other current assets	(13)	(10)
Accounts payable	(4)	13
Employee compensation, benefits and pension cost	(36)	(33)
Accrued network fees and other expenses	17	5
Accrued interest	(14)	30
Income taxes payable	1	34
Deferred revenue	(8)	0
Net cash provided by operating activities	132	68
Investing activities
Acquisitions of television businesses and licenses, net of cash acquired	(1)	0
Purchases of property and equipment	(15)	(34)
Proceeds from asset sales	10	7
Proceeds from sale of investment	1	110
Investments in broadcast, production and technology companies	(8)	(3)
Other	(2)	0
Net cash (used in) provided by investing activities	(15)	80
Financing activities
Proceeds from borrowings on long-term debt	129	50
Repayments of borrowings on long-term debt	(146)	(54)
Payment of common stock dividends	(8)	(8)
Payment of preferred stock dividends	(13)	(13)
Deferred and other loan costs	0	(7)
Payment for taxes related to net share settlement of equity awards	(4)	(3)
Net cash used in financing activities	(42)	(35)
Net increase in cash	75	113
Cash at beginning of period	135	21
Cash at end of period	$ 210	$ 134