v3.26.1
Note 13 - Segment Information - Segment Information (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Dec. 31, 2025
Revenue $ 839 $ 772 $ 1,607 $ 1,554  
Payroll and employee benefits [1]     502 471  
Network affiliation fees [1]     406 467  
Programming [1]     66 62  
Depreciation and amortization [1]     120 123  
Other segment items [2]     296 229  
Segment operating income (loss) 136 82 217 174  
Miscellaneous income, net 0 0 8 1  
Interest expense (117) (117) (234) (235)  
Gain on early extinguishment of debt 0 0 0 1  
Loss before income tax 19 (35) (9) (59)  
Capital expenditures (excluding business combinations)     36 40  
Goodwill 2,693   2,693   $ 2,642
Investments in broadcasting and technology companies 32   32   37
Total assets 10,437   10,437   10,440
Impairment of intangible assets 0 28 0 28 [1]  
Miscellaneous income, net 0 0 8 1  
Goodwill 2,693   2,693   2,642
Broadcasting, Segment [Member]          
Revenue 813 754 1,552 1,509  
Production Companies, Segment [Member]          
Revenue 26 $ 18 55 45  
Other Operating Segment [Member]          
Revenue     0 0  
Payroll and employee benefits [1]     33 32  
Network affiliation fees [1]     0 0  
Programming [1]     0 0  
Depreciation and amortization [1]     1 1  
Other segment items [2]     43 25  
Segment operating income (loss)     (77) (58)  
Capital expenditures (excluding business combinations)     0 0  
Goodwill 0   0   0
Investments in broadcasting and technology companies 13   13   13
Total assets 316   316   467
Impairment of intangible assets [1]       0  
Goodwill 0   0   0
Operating Segments [Member] | Broadcasting, Segment [Member]          
Revenue     1,552 1,509  
Payroll and employee benefits [1]     458 429  
Network affiliation fees [1]     406 467  
Programming [1]     63 59  
Depreciation and amortization [1]     108 114  
Other segment items [2]     217 176  
Segment operating income (loss)     300 236  
Capital expenditures (excluding business combinations)     22 21  
Goodwill 2,665   2,665   2,614
Investments in broadcasting and technology companies 18   18   23
Total assets 9,464   9,464   9,326
Impairment of intangible assets [1]       28  
Goodwill 2,665   2,665   2,614
Operating Segments [Member] | Production Companies, Segment [Member]          
Revenue     55 45  
Payroll and employee benefits [1]     11 10  
Network affiliation fees [1]     0 0  
Programming [1]     3 3  
Depreciation and amortization [1]     11 8  
Other segment items [2]     36 28  
Segment operating income (loss)     (6) (4)  
Capital expenditures (excluding business combinations)     14 19  
Goodwill 28   28   28
Investments in broadcasting and technology companies 1   1   1
Total assets 657   657   647
Impairment of intangible assets [1]       $ 0  
Goodwill $ 28   $ 28   $ 28
[1] The significant expense categories and amounts align with the segment-level information that is regularly provided to the CODM. Intersegment expenses are included within the amounts shown.
[2] Other segment items for each reportable segment includes (gain) loss on disposal of long-lived assets, professional services expense, repairs and maintenance expense, occupancy expense (including property tax expense), and certain overhead expenses.