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Reportable Segments (Tables)
 12 Months Ended
Dec. 31, 2017
Segment Reporting [Abstract]  
Revenues by Segment
The following tables set forth the Company’s financial performance by reportable segment. The Company’s operating segments, which are the same as its reportable segments, have been determined in accordance with the Company’s internal management structure, which is organized based upon products and services.
Year Ended December 31,
2017

2016

2015
Revenues:
 
 
 
 
 
Entertainment
$
9,164

 
$
8,877

 
$
8,438

Cable Networks
2,501

 
2,160

 
2,242

Publishing
830

 
767

 
780

Local Media
1,668

 
1,779

 
1,592

Corporate/Eliminations
(471
)
 
(417
)
 
(381
)
Total Revenues
$
13,692

 
$
13,166

 
$
12,671
Intercompany Revenues by Segment
Year Ended December 31,
2017

2016

2015
Intercompany Revenues:
 
 
 
 
 
Entertainment
$
480

 
$
434

 
$
384

Cable Networks
1

 
1

 
—

Local Media
13

 
8

 
9

Total Intercompany Revenues
$
494

 
$
443

 
$
393
Operating Income (Loss) by Segment
Year Ended December 31, (a)
2017
 
2016
 
2015
Segment Operating Income (Loss):
 
 
 
 
 
Entertainment
$
1,573

 
$
1,533

 
$
1,302

Cable Networks
1,004

 
965

 
949

Publishing
136

 
122

 
115

Local Media
497

 
622

 
488

Corporate
(305
)
 
(311
)
 
(264
)
Total Segment Operating Income
2,905

 
2,931

 
2,590

Restructuring and merger and acquisition-related costs
(63
)
 
(38
)
 
(45
)
Other operating items, net
19

 
9

 
139

Operating income
2,861

 
2,902

 
2,684

Interest expense
(457
)
 
(411
)
 
(392
)
Interest income
64

 
32

 
24

Loss on early extinguishment of debt
(49
)
 
—

 
—

Pension settlement charges
(352
)
 
(211
)
 
—

Other items, net
(88
)
 
(82
)
 
(52
)
Earnings from continuing operations before income taxes and
equity in loss of investee companies
1,979

 
2,230

 
2,264

Provision for income taxes
(633
)
 
(628
)
 
(676
)
Equity in loss of investee companies, net of tax
(37
)
 
(50
)
 
(34
)
Net earnings from continuing operations
1,309

 
1,552

 
1,554

Net loss from discontinued operations, net of tax
(952
)
 
(291
)
 
(141
)
Net earnings
$
357

 
$
1,261

 
$
1,413
Depreciation and Amortization, Stock-based Compensation and Capital Expenditures
Year Ended December 31,
2017
 
2016
 
2015
Depreciation and Amortization:


 


 


Entertainment
$
115

 
$
117

 
$
126

Cable Networks
23

 
23

 
23

Publishing
6

 
6

 
6

Local Media
45

 
44

 
48

Corporate
34

 
35

 
32

Total Depreciation and Amortization
$
223

 
$
225

 
$
235


Year Ended December 31,
2017
 
2016
 
2015
Stock-based Compensation:
 
 
 
 
 
Entertainment
$
66

 
$
61

 
$
61

Cable Networks
12

 
12

 
11

Publishing
5

 
4

 
4

Local Media
12

 
12

 
11

Corporate
84

 
76

 
70

Total Stock-based Compensation
$
179

 
$
165

 
$
157


Year Ended December 31,
2017
 
2016
 
2015
Capital Expenditures:
 
 
 
 
 
Entertainment
$
98

 
$
98

 
$
99

Cable Networks
20

 
19

 
18

Publishing
5

 
9

 
10

Local Media
32

 
37

 
28

Corporate
30

 
33

 
16

Total Capital Expenditures
$
185

 
$
196

 
$
171
Assets by Segment
At December 31,
2017
 
2016
Assets:
 
 
 
Entertainment
$
12,626

 
$
11,262

Cable Networks
2,878

 
2,618

Publishing
906

 
880

Local Media
4,042

 
4,065

Corporate/Eliminations
378

 
817

Discontinued operations
13

 
4,596

Total Assets
$
20,843

 
$
24,238
Revenues by Type
Year Ended December 31,
2017

2016

2015
Revenues by Type:
 
 
 
 
 
Advertising
$
5,753

 
$
6,288

 
$
5,824

Content licensing and distribution
3,952

 
3,673

 
3,903

Affiliate and subscription fees
3,758

 
2,978

 
2,724

Other
229

 
227

 
220

Total Revenues
$
13,692

 
$
13,166

 
$
12,671
Revenues by Customer Location
Year Ended December 31,
2017
 
2016
 
2015
Revenues: (a)
 
 
 
 
 
United States
$
11,675

 
$
11,317

 
$
10,667

International
2,017

 
1,849

 
2,004

Total Revenues
$
13,692

 
$
13,166

 
$
12,671


(a) Revenue classifications are based on customers’ locations.
Long-lived Assets by Geographic Area
At December 31,
2017

2016
Long-lived Assets: (a)
 
 
 
United States
$
13,699

 
$
17,476

International
495

 
407

Total Long-lived Assets
$
14,194

 
$
17,883


(a) Reflects total assets from both continuing and discontinued operations less current assets, investments and noncurrent deferred tax assets.