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Consolidated Statements of Cash Flows Statement
$ in Thousands
12 Months Ended
Dec. 31, 2017
USD ($)
Dec. 31, 2016
USD ($)
Dec. 31, 2015
USD ($)
Operating Activities      
Net Income (Loss) $ 197,497 $ 14,246 $ (319,918)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Stock-based compensation 32,933 37,189 32,493
Pension credit, net of contributions (22,047) (24,110) (29,417)
Depreciation 56,314 72,409 74,289
Amortization of contract intangible assets and liabilities 869 (10,566) (14,980)
Amortization of other intangible assets 166,679 196,663 195,230
Impairments of goodwill and other intangible assets 0 3,400 385,000
Income on equity investments, net (137,362) (148,156) (146,959)
Distributions from equity investments 198,124 170,527 169,879
Non-cash loss on extinguishments and modification of debt 8,258 0 33,480
Original issue discount payments (7,360) 0 (6,158)
Other than Temporary Impairment Losses, Investments, Portion Recognized in Earnings, Net 193,494 0 0
Amortization of debt issuance costs and original issue discount 7,875 11,172 12,258
Gain on sale of business (33,492) 0 0
Gain on investment transactions, net (8,131) 0 (12,173)
Impairments of real estate 2,399 15,102 6,650
(Gain) loss on sales of real estate (28,533) (213,086) 97
Other non-operating gain, net (71) (5,427) (6,183)
Change in excess tax benefits from stock-based awards 0 0 868
Changes in working capital items, excluding effects from acquisitions:      
Accounts receivable, net 10,638 (998) (23,444)
Prepaid expenses and other current assets 10,310 18,171 (36,997)
Accounts payable (8,736) 6,589 (15,302)
Employee compensation and benefits, accrued expense and other current liabilities (23,927) (7,515) 38,062
Deferred revenue (2,423) (2,843) 9,541
Income taxes 6,175 51,296 (272,102)
Change in broadcast rights, net of liabilities 45,898 (15,427) 100,116
Deferred income taxes (Note 13) (478,637) 95,035 (140,075)
Change in non-current obligations for uncertain tax positions 791 (11,276) (931)
Other, net 34,967 31,768 (7,380)
Net cash provided by operating activities 222,502 284,163 25,944
Investing Activities      
Capital expenditures (66,832) (99,659) (89,084)
Investments (5,065) (5,993) (23,042)
Acquisitions, net of cash acquired 0 0 (74,959)
Net proceeds from the sale of business (Note 2) 557,793 0 0
Proceeds from FCC spectrum auction (Note 6) 172,102 0 0
Sale of partial interest of equity method investment (Note 8) 142,552 0 0
Proceeds from sales of real estate and other assets 144,464 507,692 4,930
Proceeds from sales of investments 5,769 0 44,982
Distributions from equity investment 3,768 0 10,328
Other 1,789 297 1,112
Net cash provided by (used in) investing activities 956,340 402,337 (125,733)
Financing Activities      
Long-term borrowings 202,694 0 1,100,000
Repayments of long-term debt (703,527) (27,842) (1,114,262)
Long-term debt issuance costs (1,689) (736) (20,202)
Payments of dividends (586,336) (90,296) (719,919)
Tax withholdings related to net share settlements of share-based awards (8,774) (4,553) (4,421)
Proceeds from stock option exercises 11,317 0 166
Common stock repurchases 0 (232,065) (339,942)
(Distributions to) contributions from noncontrolling interests, net (9,251) 393 5,524
Settlements of contingent consideration, net 0 (3,636) 1,174
Change in excess tax benefits from stock-based awards 0 0 (868)
Net cash used in financing activities (1,095,566) (358,735) (1,092,750)
Net Increase (Decrease) in Cash and Cash Equivalents 83,276 327,765 (1,192,539)
Cash and cash equivalents, beginning of year 590,409 262,644 1,455,183
Cash and cash equivalents, end of year 673,685 590,409 262,644
Cash and Cash Equivalents are Comprised of:      
Cash and cash equivalents 673,685 577,658 247,820
Cash and cash equivalents classified as discontinued operations 0 12,751 14,824
Cash and cash equivalents, end of year 673,685 590,409 262,644
Supplemental Schedule of Cash Flow Information      
Interest 152,401 160,200 130,311
Income taxes, net of refunds $ 182,509 $ 265,886 $ 434,720