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SEGMENT DATA
 12 Months Ended
Dec. 31, 2019
Segment Reporting [Abstract]  
SEGMENT DATA
17. SEGMENT DATA:
 
We measure segment performance based on operating income (loss). We have two reportable segments: local news and marketing services and sports. Our local news and marketing services segment, previously disclosed as our broadcast segment, provides free over-the-air programming to television viewing audiences and includes stations in 89 markets located throughout the continental United States. Our sports segment provides viewers with live professional sports content and includes 23 regional sports network brands. Other and corporate are not reportable segments but are included for reconciliation purposes. Other primarily consists of original networks and content, including Tennis, non-broadcast digital and internet solutions, technical services, and other non-media investments. Corporate costs primarily include our costs to operate as a public company and to operate our corporate headquarters location. All of our businesses are located within the United States. 

For the year ended December 31, 2019, local news and marketing services and sports excluded from the below table is $35 million of revenue and selling, general, and administrative expenses, respectively, for services provided by local news and marketing services to sports, which are eliminated in consolidation. We had $13 million, $15 million, and $19 million in intercompany interest expense related to intercompany loans between other and corporate for the years ended December 31, 2019, 2018 and 2017, respectively. All other intercompany transactions are immaterial.
 
Segment financial information is included in the following tables for the years ended December 31, 2019, 2018, and 2017 (in millions):

As of December 31, 2019
 
Local News and Marketing Services
 
Sports
 
Other
 
Corporate
 
Consolidated
Goodwill
 
$
2,026

 
$
2,615

 
$
75

 
$
—

 
$
4,716

Assets
 
4,866

 
11,237

 
693

 
574

 
17,370

Capital expenditures
 
139

 
9

 
4

 
4

 
156


As of December 31, 2018
 
Local News and Marketing Services
 
Sports
 
Other
 
Corporate
 
Consolidated
Goodwill
 
$
2,055

 
$
—

 
$
69

 
$
—

 
$
2,124

Assets
 
4,797

 
—

 
721

 
1,054

 
6,572

Capital expenditures
 
95

 
—

 
5

 
5

 
105


For the year ended December 31, 2019
 
Local News and Marketing Services
 
Sports
 
Other
 
Corporate
 
Consolidated
Revenue
 
$
2,655

 
$
1,139

 
$
446

 
$
—

 
$
4,240

Depreciation of property and equipment and amortization of definite-lived intangible assets and other assets
 
245

 
157

 
22

 
—

 
424

Amortization of sports programming rights (a)
 
—

 
637

 
—

 
—

 
637

Amortization of program contract costs and net realizable value adjustments
 
90

 
—

 
—

 
—

 
90

Corporate general and administrative overhead expenses
 
144

 
93

 
1

 
149

 
387

Gain on asset dispositions and other, net of impairment
 
(62
)
(b)
—

 
(4
)
 
(26
)
 
(92
)
Operating income (loss)
 
513

(b)
65

 
15

 
(123
)
 
470

Interest expense and amortization of debt discount and deferred financing costs
 
5

 
200

 
1

 
216

 
422

Income (loss) from equity method investments
 
—

 
18

 
(53
)
 
—

 
(35
)

For the year ended December 31, 2018
 
Local News and Marketing Services
 
Sports
 
Other
 
Corporate
 
Consolidated
Revenue
 
$
2,715

 
$
—

 
$
340

 
$
—

 
$
3,055

Depreciation of property and equipment and amortization of definite-lived intangible assets and other assets
 
251

 
—

 
29

 
—

 
280

Amortization of program contract costs and net realizable value adjustments
 
101

 
—

 
—

 
—

 
101

Corporate general and administrative overhead expenses
 
100

 
—

 
1

 
10

 
111

(Gain) loss on asset dispositions and other, net of impairment
 
(100
)
(c)
—

 
60

(d)
—

 
(40
)
Operating income (loss)
 
752

(c)
—

 
(82
)
(d)
(10
)
 
660

Interest expense and amortization of debt discount and deferred financing costs
 
6

 
—

 
1

 
285

 
292

Loss from equity method investments
 
—

 
—

 
(61
)
 
—

 
(61
)
 
For the year ended December 31, 2017
 
Local News and Marketing Services
 
Sports
 
Other
 
Corporate
 
Consolidated
Revenue
 
$
2,394

 
$
—

 
$
242

 
$
—

 
$
2,636

Depreciation of property and equipment and amortization of definite-lived intangible assets and other assets
 
244

 
—

 
31

 
1

 
276

Amortization of program contract costs and net realizable value adjustments
 
116

 
—

 
—

 
—

 
116

Corporate general and administrative overhead expenses
 
101

 
—

 
1

 
11

 
113

Gain on asset dispositions and other, net of impairment
 
(226
)
 
—

 
(53
)
(e)
—

 
(279
)
Operating income (loss)
 
724

 
—

 
25

(e)
(12
)
 
737

Interest expense and amortization of debt discount and deferred financing costs
 
5

 
—

 
2

 
205

 
212

Loss from equity method investments
 
—

 
—

 
(14
)
 
—

 
(14
)

 
(a)
The amortization of sports programming rights is included within media programming and production expenses on our consolidated statements of operations.
(b)
Includes a gain of $62 million related to reimbursements for the spectrum repack costs. See Note 2. Acquisitions and Dispositions of Assets.
(c)
Includes a gain of $83 million related to the auction proceeds. See Note 2. Acquisitions and Dispositions of Assets.
(d)
Includes a $60 million impairment to the carrying value of a consolidated real estate venture. See Note 1. Nature of Operations and Summary of Significant Accounting Policies.
(e)
Includes a gain on the sale of Alarm of $53 million, of which $12 million was attributable to noncontrolling interests. See Note 2. Acquisitions and Dispositions of Assets.