Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2025	Sep. 30, 2024
Operating activities:
Net (loss) income	$ (75)	$ 206
Adjustments to reconcile net (loss) income to net cash provided by operating activities:
Depreciation	99	108
Amortization of intangible assets	80	94
Amortization of deferred loan costs	12	11
Amortization of stock-based compensation	17	17
Amortization of program broadcast rights	19	20
Payments on program broadcast obligations	(20)	(22)
Deferred income taxes	(37)	(12)
(Gain) loss on disposal of property and equipment, net	(4)	15
Gain on sale of investment	(5)	(110)
Loss from early extinguishment of debt	6	1
Impairment of other intangible assets	(28)	0
Other	11	(2)
Changes in operating assets and liabilities:
Accounts receivable, net	133	(15)
Income taxes receivable or prepaid	(15)	(34)
Other current assets	(9)	(2)
Accounts payable	(58)	(6)
Employee compensation, benefits and pension cost	(15)	(14)
Accrued network fees and other expenses	18	57
Accrued interest	(9)	56
Income taxes payable	2	(13)
Deferred revenue	(1)	28
Net cash provided by operating activities	177	383
Investing activities:
Purchases of property and equipment	(65)	(103)
Proceeds from asset sales	17	8
Proceeds from sale of investment	24	110
Investments in broadcast, production and technology companies	(8)	(4)
Other	(2)	(1)
Net cash (used in) provided by investing activities	(34)	10
Financing activities:
Proceeds from borrowings on long-term debt	1,855	2,025
Repayments of borrowings on long-term debt	(1,858)	(2,257)
Payments of common stock dividends	(24)	(24)
Payments of preferred stock dividends	(39)	(39)
Deferred and other loan costs	(25)	(47)
Payments of taxes related to net share settlement of equity awards	(5)	(3)
Net cash used in financing activities	(96)	(345)
Net increase in cash	47	48
Cash at beginning of period	135	21
Cash at end of period	$ 182	$ 69