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v3.22.2.2

Note 13 - Segment Information - Segment Information (Details) - USD ($) $ in Millions | 3 Months Ended | 9 Months Ended |
--- | --- | --- | ---
Sep. 30, 2022 | Sep. 30, 2021 | Sep. 30, 2022 | Sep. 30, 2021 | Dec. 31, 2021
Revenue (less agency commissions) | $ 909 | $ 601 | $ 2,604 | $ 1,692 |
Operating expenses before depreciation, amortization and loss on disposal of assets, net: |  |  | 1,731 | 1,213 |
Depreciation and amortization |  |  | 252 | 157 |
Loss on disposal of assets, net | 1 | (51) | 6 | (46) |
Operating expenses | 664 | 534 | 1,977 | 1,416 |
Operating income (loss) | 245 | 67 | 627 | 276 |
Interest expense | 94 | 48 | 254 | 143 |
Capital expenditures (excluding business combinations) |  |  | 298 | 154 |
Goodwill, net | 2,657 |  | 2,657 |  | $ 2,649
Total assets | 11,183 |  | 11,183 |  | 11,108
(Gain) loss on disposal of assets, net | (1) | 51 | (6) | 46 |
Broadcasting, Segment [Member] |  |  |  |  |
Revenue (less agency commissions) | 889 | 581 | 2,548 | 1,648 |
Operating expenses before depreciation, amortization and loss on disposal of assets, net: |  |  | 1,595 | 1,099 |
Depreciation and amortization |  |  | 240 | 146 |
Loss on disposal of assets, net |  |  | 6 | (46) |
Operating expenses |  |  | 1,829 | 1,291 |
Operating income (loss) |  |  | 719 | 357 |
Interest expense |  |  | 0 | 0 |
Capital expenditures (excluding business combinations) |  |  | 114 | 63 |
Goodwill, net | 2,612 |  | 2,612 |  | 2,604
Total assets | 10,565 |  | 10,565 |  | 10,592
(Gain) loss on disposal of assets, net |  |  | (6) | 46 |
Production Companies, Segment [Member] |  |  |  |  |
Revenue (less agency commissions) | 20 | $ 20 | 56 | 44 |
Operating expenses before depreciation, amortization and loss on disposal of assets, net: |  |  | 56 | 39 |
Depreciation and amortization |  |  | 10 | 9 |
Loss on disposal of assets, net |  |  | 0 | 0 |
Operating expenses |  |  | 66 | 48 |
Operating income (loss) |  |  | (10) | (4) |
Interest expense |  |  | 0 | 0 |
Capital expenditures (excluding business combinations) |  |  | 181 | 88 |
Goodwill, net | 45 |  | 45 |  | 45
Total assets | 358 |  | 358 |  | 269
(Gain) loss on disposal of assets, net |  |  | 0 | 0 |
Other Segments [Member] |  |  |  |  |
Revenue (less agency commissions) |  |  | 0 | 0 |
Operating expenses before depreciation, amortization and loss on disposal of assets, net: |  |  | 80 | 75 |
Depreciation and amortization |  |  | 2 | 2 |
Loss on disposal of assets, net |  |  | 0 | 0 |
Operating expenses |  |  | 82 | 77 |
Operating income (loss) |  |  | (82) | (77) |
Interest expense |  |  | 254 | 143 |
Capital expenditures (excluding business combinations) |  |  | 3 | 3 |
Goodwill, net | 0 |  | 0 |  | 0
Total assets | $ 260 |  | 260 |  | $ 247
(Gain) loss on disposal of assets, net |  |  | $ 0 | $ 0 |

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