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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Current assets    
Cash and cash equivalents $ 232,775 $ 693,214
Accounts receivable, net of allowances of $4,545 and $2,831, respectively 576,467 604,300
Other receivables 22,871 11,752
Syndicated programming rights 35,377 28,097
Prepaid expenses and other current assets 29,418 23,049
Total current assets 896,908 1,360,412
Property and equipment    
Cost 1,086,092 1,093,900
Less accumulated depreciation (665,337) (649,581)
Net property and equipment 420,755 444,319
Intangible and other assets    
Goodwill 3,015,944 3,015,944
Indefinite-lived and amortizable intangible assets, less accumulated amortization of $211,691 and $185,175, respectively 2,282,631 2,309,772
Right-of-use assets for operating leases 65,104 63,535
Investments and other assets 126,208 132,537
Total intangible and other assets 5,489,887 5,521,788
Total assets 6,807,550 7,326,519
Current liabilities    
Accounts payable 83,617 87,338
Accrued liabilities    
Compensation 72,598 64,343
Interest 10,771 44,719
Contracts payable for programming rights 153,019 143,095
Other 84,286 75,454
Income taxes payable 0 51,331
Total current liabilities 404,291 466,280
Noncurrent liabilities    
Net deferred income tax liabilities 588,172 579,213
Long-term debt 2,530,015 3,076,451
Pension liabilities 58,586 65,956
Operating lease liabilities 60,113 63,421
Other noncurrent liabilities 50,109 50,167
Total noncurrent liabilities 3,286,995 3,835,208
Total liabilities 3,691,286 4,301,488
Commitments and contingent liabilities (see Note 10)
Redeemable noncontrolling interest (see Note 1) 0 20,317
Shareholders' equity    
Common stock of $1 per value per share, 800,000,000 shares authorized, 324,418,632 shares issued 324,419 324,419
Additional paid-in capital 27,941 27,941
Retained earnings 8,585,313 8,549,717
Accumulated other comprehensive loss (104,036) (106,644)
Less treasury stock at cost, 163,364,589 shares and 164,520,591 shares, respectively (5,717,373) (5,790,719)
Total equity 3,116,264 3,004,714
Total liabilities, redeemable noncontrolling interest and equity $ 6,807,550 $ 7,326,519