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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2015
Dec. 28, 2014
Current Assets    
Cash and cash equivalents $ 403,511 $ 1,455,183
Restricted cash and cash equivalents 17,595 17,600
Accounts receivable (net of allowances of $6,231 and $7,313) 425,947 440,722
Broadcast rights 99,187 147,423
Income taxes receivable 36,287 4,931
Deferred income taxes 34,191 29,675
Prepaid expenses 56,356 26,300
Other 40,301 38,989
Total current assets 1,113,375 2,160,823
Properties    
Property, plant and equipment 984,662 953,438
Accumulated depreciation (130,912) (102,841)
Net properties 853,750 850,597
Other Assets    
Broadcast rights 148,426 157,014
Goodwill 3,946,481 3,918,136
Other intangible assets, net 2,342,889 2,397,794
Investments 1,669,581 1,717,192
Other 172,914 194,899
Total other assets 8,280,291 8,385,035
Total Assets 10,247,416 11,396,455
Current Liabilities    
Accounts payable 77,671 77,295
Debt due within one year 26,495 4,088
Income taxes payable 0 252,570
Employee compensation and benefits 66,755 80,270
Contracts payable for broadcast rights 148,534 178,685
Deferred revenue 32,457 34,352
Other 63,471 56,920
Total current liabilities 415,383 684,180
Non-Current Liabilities    
Long-term debt 3,465,776 3,490,897
Deferred income taxes 1,157,650 1,156,214
Contracts payable for broadcast rights 262,145 279,819
Contract intangible liability, net 26,642 34,425
Pension obligations, net 457,535 469,116
Postretirement, medical, life and other benefits 21,434 21,456
Other obligations 65,705 64,917
Total non-current liabilities $ 5,456,887 $ 5,516,844
Commitments and Contingencies (Note 8)    
Shareholders’ Equity    
Authorized: 40,000,000 shares; No shares issued and outstanding at June 30, 2015 and at December 28, 2014 $ 0 $ 0
Treasury stock, at cost: 4,064,125 shares at June 30, 2015 and 975,594 shares at December 28, 2014 (Note 11) (253,014) (67,814)
Additional paid-in-capital 4,604,317 4,591,470
Retained earnings 78,358 718,218
Accumulated other comprehensive loss (55,939) (46,541)
Total shareholders’ equity 4,373,822 5,195,431
Stockholders' Equity Attributable to Noncontrolling Interest 1,324 0
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 4,375,146 5,195,431
Total Liabilities and Shareholders’ Equity 10,247,416 11,396,455
Class A Common Stock    
Shareholders’ Equity    
Common Stock, value 100 96
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 100 96
Class B Common Stock    
Shareholders’ Equity    
Common Stock, value 0 2
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest $ 0 $ 2