10-Q Filing

NEXSTAR MEDIA GROUP, INC. CIK: 1142417 Q2 2023

Filing Information

Form Type	10-Q
Accession Number	`0000950170-23-039930`
Period End Date	20230630
Filing Date	20230808
Fiscal Year	2023
Fiscal Period	Q2
XBRL Instance	nxst-20230630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 98 Income Statement 76 Cash Flow Statement 83 Stockholders Equity 47

Balance Sheet 98 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$18.00M	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$18.00M	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$346.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$204.00M	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Restricted cash and cash equivalents	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$14.00M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	200,000.00	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	200,000.00	shares	Point-in-time
Restricted cash and cash equivalents	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$16.00M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Accounts receivable, net of allowance for credit losses of $18 and $18, respectively	`AccountsReceivableNetCurrent`	$1.08B	USD	Point-in-time
Accounts receivable, net of allowance for credit losses of $18 and $18, respectively	`AccountsReceivableNetCurrent`	$944.00M	USD	Point-in-time
Broadcast rights	`BroadcastRightsCurrent`	$114.00M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Broadcast rights	`BroadcastRightsCurrent`	$194.00M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$155.00M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$121.00M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$1.61B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.57B	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	47.28M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$1.27B	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	47.28M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$1.26B	USD	Point-in-time
Common stock, shares outstanding	`SharesOutstanding`	36.81M	shares	Point-in-time
Goodwill	`Goodwill`	$2.96B	USD	Point-in-time
Common stock, shares outstanding	`SharesOutstanding`	35.38M	shares	Point-in-time
Goodwill	`Goodwill`	$2.96B	USD	Point-in-time
FCC licenses	`IndefiniteLivedLicenseAgreements`	$2.91B	USD	Point-in-time
FCC licenses	`IndefiniteLivedLicenseAgreements`	$2.91B	USD	Point-in-time
Treasury Stock, Shares	`TreasuryStockCommonShares`	10.47M	shares	Point-in-time
Treasury Stock, Shares	`TreasuryStockCommonShares`	11.90M	shares	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$2.29B	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$2.43B	USD	Point-in-time
Total assets	`Assets`	$12.68B	USD	Point-in-time
Total assets	`Assets`	$12.31B	USD	Point-in-time
Investments	`LongTermInvestments`	$1.12B	USD	Point-in-time
Investments	`LongTermInvestments`	$927.00M	USD	Point-in-time
Other noncurrent assets, net	`OtherAssetsNoncurrent`	$385.00M	USD	Point-in-time
Other noncurrent assets, net	`OtherAssetsNoncurrent`	$378.00M	USD	Point-in-time
Total assets	`Assets`	$12.68B	USD	Point-in-time
Total assets	`Assets`	$12.31B	USD	Point-in-time
Total liabilities	`Liabilities`	$9.91B	USD	Point-in-time
Total liabilities	`Liabilities`	$9.75B	USD	Point-in-time
Current portion of debt	`LongTermDebtCurrent`	$124.00M	USD	Point-in-time
Current portion of debt	`LongTermDebtCurrent`	$124.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$127.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$198.00M	USD	Point-in-time
Broadcast rights payable	`BroadcastRightsPayable`	$151.00M	USD	Point-in-time
Broadcast rights payable	`BroadcastRightsPayable`	$125.00M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$319.00M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$333.00M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$49.00M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$50.00M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$51.00M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$78.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$893.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$836.00M	USD	Point-in-time
Debt	`LongTermDebtNoncurrent`	$6.83B	USD	Point-in-time
Debt	`LongTermDebtNoncurrent`	$6.77B	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$1.59B	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$1.61B	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$554.00M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$584.00M	USD	Point-in-time
Total liabilities	`Liabilities`	$9.91B	USD	Point-in-time
Total liabilities	`Liabilities`	$9.75B	USD	Point-in-time
Commitments and contingencies (Note 13)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 13)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock - $0.01 par value, 200,000 shares authorized; none issued and outstanding at each of June 30, 2023 and December 31, 2022	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock - $0.01 par value, 200,000 shares authorized; none issued and outstanding at each of June 30, 2023 and December 31, 2022	`PreferredStockValue`	-	USD	Point-in-time
Common stock	`CommonStockValue`	-	USD	Point-in-time
Common stock	`CommonStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.29B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.26B	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$27.00M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$27.00M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$3.14B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$3.03B	USD	Point-in-time
Treasury stock - at cost; 11,901,423 and 10,472,637 shares as of June 30, 2023 and December 31, 2022, respectively	`TreasuryStockValue`	$1.89B	USD	Point-in-time
Treasury stock - at cost; 11,901,423 and 10,472,637 shares as of June 30, 2023 and December 31, 2022, respectively	`TreasuryStockValue`	$1.61B	USD	Point-in-time
Total Nexstar Media Group, Inc. stockholders' equity	`StockholdersEquity`	$2.74B	USD	Point-in-time
Total Nexstar Media Group, Inc. stockholders' equity	`StockholdersEquity`	$2.54B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$28.00M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$20.00M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.65B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.86B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.77B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.56B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.87B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.92B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$12.68B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$12.31B	USD	Point-in-time

Income Statement 76 line items

Line Item	Tag	Value	Unit	Period
Net revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.24B	USD	1 Quarter
Net revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.50B	USD	2 Qtrs
Net revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.46B	USD	2 Qtrs
Net revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.25B	USD	1 Quarter
Direct operating expenses, excluding depreciation and amortization	`DirectOperatingCosts`	$992.00M	USD	2 Qtrs
Direct operating expenses, excluding depreciation and amortization	`DirectOperatingCosts`	$502.00M	USD	1 Quarter
Direct operating expenses, excluding depreciation and amortization	`DirectOperatingCosts`	$1.07B	USD	2 Qtrs
Direct operating expenses, excluding depreciation and amortization	`DirectOperatingCosts`	$537.00M	USD	1 Quarter
Selling, general and administrative expenses, excluding depreciation and amortization	`SellingGeneralAndAdministrativeExpense`	$528.00M	USD	2 Qtrs
Selling, general and administrative expenses, excluding depreciation and amortization	`SellingGeneralAndAdministrativeExpense`	$266.00M	USD	1 Quarter
Selling, general and administrative expenses, excluding depreciation and amortization	`SellingGeneralAndAdministrativeExpense`	$514.00M	USD	2 Qtrs
Selling, general and administrative expenses, excluding depreciation and amortization	`SellingGeneralAndAdministrativeExpense`	$262.00M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$511.00M	USD	2 Qtrs
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$262.00M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$143.00M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$288.00M	USD	2 Qtrs
Other	`OtherOperatingIncomeExpenseNet`	$2.00M	USD	2 Qtrs
Total operating expenses	`CostsAndExpenses`	$911.00M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$1.79B	USD	2 Qtrs
Total operating expenses	`CostsAndExpenses`	$1.06B	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$2.11B	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$383.00M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$663.00M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$334.00M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$179.00M	USD	1 Quarter
Income from equity method investments, net	`IncomeLossFromEquityMethodInvestments`	$36.00M	USD	1 Quarter
Income from equity method investments, net	`IncomeLossFromEquityMethodInvestments`	$32.00M	USD	1 Quarter
Income from equity method investments, net	`IncomeLossFromEquityMethodInvestments`	$74.00M	USD	2 Qtrs
Income from equity method investments, net	`IncomeLossFromEquityMethodInvestments`	$57.00M	USD	2 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-145.00M	USD	2 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-76.00M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-218.00M	USD	2 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-111.00M	USD	1 Quarter
Pension and other postretirement plans credit, net	`PensionAndOtherPostretirementBenefitExpense`	$-19.00M	USD	2 Qtrs
Pension and other postretirement plans credit, net	`PensionAndOtherPostretirementBenefitExpense`	$-10.00M	USD	1 Quarter
Pension and other postretirement plans credit, net	`PensionAndOtherPostretirementBenefitExpense`	$-22.00M	USD	2 Qtrs
Pension and other postretirement plans credit, net	`PensionAndOtherPostretirementBenefitExpense`	$-11.00M	USD	1 Quarter
Other expenses, net	`OtherNonoperatingIncomeExpense`	$-12.00M	USD	2 Qtrs
Other expenses, net	`OtherNonoperatingIncomeExpense`	$-7.00M	USD	1 Quarter
Other expenses, net	`OtherNonoperatingIncomeExpense`	$-1.00M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$240.00M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$110.00M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$602.00M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$298.00M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$77.00M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$72.00M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$124.00M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$35.00M	USD	1 Quarter
Net income	`ProfitLoss`	$163.00M	USD	2 Qtrs
Net income	`ProfitLoss`	$478.00M	USD	2 Qtrs
Net income	`ProfitLoss`	$226.00M	USD	1 Quarter
Net income	`ProfitLoss`	$75.00M	USD	1 Quarter
Net loss attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-1.00M	USD	1 Quarter
Net loss attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-1.00M	USD	2 Qtrs
Net loss attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-21.00M	USD	1 Quarter
Net loss attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-44.00M	USD	2 Qtrs
Net income attributable to Nexstar Media Group, Inc.	`NetIncomeLoss`	$96.00M	USD	1 Quarter
Net income attributable to Nexstar Media Group, Inc.	`NetIncomeLoss`	$207.00M	USD	2 Qtrs
Net income attributable to Nexstar Media Group, Inc.	`NetIncomeLoss`	$227.00M	USD	1 Quarter
Net income attributable to Nexstar Media Group, Inc.	`NetIncomeLoss`	$479.00M	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$5.71	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$2.68	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$5.66	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$11.80	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$11.54	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$5.56	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$2.64	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$5.61	USD	2 Qtrs
Basic (in thousands)	`WeightedAverageNumberOfSharesOutstandingBasic`	40.57M	shares	2 Qtrs
Basic (in thousands)	`WeightedAverageNumberOfSharesOutstandingBasic`	40.20M	shares	1 Quarter
Basic (in thousands)	`WeightedAverageNumberOfSharesOutstandingBasic`	36.25M	shares	2 Qtrs
Basic (in thousands)	`WeightedAverageNumberOfSharesOutstandingBasic`	35.79M	shares	1 Quarter
Diluted (in thousands)	`WeightedAverageNumberOfDilutedSharesOutstanding`	41.45M	shares	2 Qtrs
Diluted (in thousands)	`WeightedAverageNumberOfDilutedSharesOutstanding`	40.93M	shares	1 Quarter
Diluted (in thousands)	`WeightedAverageNumberOfDilutedSharesOutstanding`	36.88M	shares	2 Qtrs
Diluted (in thousands)	`WeightedAverageNumberOfDilutedSharesOutstanding`	36.31M	shares	1 Quarter

Cash Flow Statement 83 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$163.00M	USD	2 Qtrs
Net income	`ProfitLoss`	$478.00M	USD	2 Qtrs
Net income	`ProfitLoss`	$226.00M	USD	1 Quarter
Net income	`ProfitLoss`	$75.00M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$511.00M	USD	2 Qtrs
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$262.00M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$143.00M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$288.00M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$27.00M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$26.00M	USD	2 Qtrs
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$20.00M	USD	2 Qtrs
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$14.00M	USD	2 Qtrs
Payments for broadcast rights	`PaymentsForBroadcastRights`	$66.00M	USD	2 Qtrs
Payments for broadcast rights	`PaymentsForBroadcastRights`	$218.00M	USD	2 Qtrs
Income from equity method investments, net	`IncomeLossFromEquityMethodInvestments`	$36.00M	USD	1 Quarter
Income from equity method investments, net	`IncomeLossFromEquityMethodInvestments`	$32.00M	USD	1 Quarter
Income from equity method investments, net	`IncomeLossFromEquityMethodInvestments`	$74.00M	USD	2 Qtrs
Income from equity method investments, net	`IncomeLossFromEquityMethodInvestments`	$57.00M	USD	2 Qtrs
Unrealized loss on an equity investment measured at fair value	`EquitySecuritiesFvNiUnrealizedGainLoss`	$-6.00M	USD	2 Qtrs
Distribution from equity method investments - return on capital	`EquityMethodInvestmentDividendsOrDistributions`	$224.00M	USD	2 Qtrs
Distribution from equity method investments - return on capital	`EquityMethodInvestmentDividendsOrDistributions`	$251.00M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-136.00M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-70.00M	USD	2 Qtrs
Prepaid and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-6.00M	USD	2 Qtrs
Prepaid and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$3.00M	USD	2 Qtrs
Other noncurrent assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$24.00M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-71.00M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-63.00M	USD	2 Qtrs
Accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedLiabilities`	$27.00M	USD	2 Qtrs
Accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-7.00M	USD	2 Qtrs
Income tax payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-24.00M	USD	2 Qtrs
Income tax payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-41.00M	USD	2 Qtrs
Other noncurrent liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-25.00M	USD	2 Qtrs
Other noncurrent liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-26.00M	USD	2 Qtrs
Other	`OtherOperatingActivitiesCashFlowStatement`	$10.00M	USD	2 Qtrs
Other	`OtherOperatingActivitiesCashFlowStatement`	$-2.00M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$679.00M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$809.00M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$77.00M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$63.00M	USD	2 Qtrs
Proceeds from sale of real estate and other assets	`ProceedsFromSaleOfOtherAssetsInvestingActivities`	$45.00M	USD	2 Qtrs
Other investing activities, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-4.00M	USD	2 Qtrs
Other investing activities, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-3.00M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-73.00M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-15.00M	USD	2 Qtrs
Proceeds from debt issuance, net of debt discounts	`ProceedsFromIssuanceOfLongTermDebt`	$2.48B	USD	2 Qtrs
Repayments of long-term debt	`RepaymentsOfDebt`	$62.00M	USD	2 Qtrs
Repayments of long-term debt	`RepaymentsOfDebt`	$2.67B	USD	2 Qtrs
Purchase of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$315.00M	USD	2 Qtrs
Purchase of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$406.00M	USD	2 Qtrs
Common stock dividends paid	`PaymentsOfDividendsCommonStock`	$98.00M	USD	2 Qtrs
Common stock dividends paid	`PaymentsOfDividendsCommonStock`	$73.00M	USD	2 Qtrs
Payments for capitalized software obligations	`PaymentsForCapitalizedSoftwareObligations`	$12.00M	USD	2 Qtrs
Payments for capitalized software obligations	`PaymentsForCapitalizedSoftwareObligations`	$9.00M	USD	2 Qtrs
Contribution from noncontrolling interests	`ProceedsFromMinorityShareholders`	$36.00M	USD	2 Qtrs
Cash paid for shares withheld for taxes	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$13.00M	USD	2 Qtrs
Cash paid for shares withheld for taxes	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$17.00M	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$1.00M	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$6.00M	USD	2 Qtrs
Payments for contingent consideration in connection with a past acquisition	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$14.00M	USD	2 Qtrs
Distribution to a noncontrolling interest	`PaymentsToMinorityShareholders`	$6.00M	USD	2 Qtrs
Other financing activities, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-1.00M	USD	2 Qtrs
Other financing activities, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$1.00M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-466.00M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-709.00M	USD	2 Qtrs
Net increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$85.00M	USD	2 Qtrs
Net increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$140.00M	USD	2 Qtrs
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$220.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$207.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$360.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$292.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$220.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$207.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$360.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$292.00M	USD	Point-in-time
Interest paid	`InterestPaidNet`	$144.00M	USD	2 Qtrs
Interest paid	`InterestPaidNet`	$214.00M	USD	2 Qtrs
Income taxes paid, net of refunds	`IncomeTaxesPaidNet`	$178.00M	USD	2 Qtrs
Income taxes paid, net of refunds	`IncomeTaxesPaidNet`	$121.00M	USD	2 Qtrs
Accrued and noncash purchases of property and equipment	`CapitalExpendituresIncurredButNotYetPaid`	$7.00M	USD	2 Qtrs
Accrued and noncash purchases of property and equipment	`CapitalExpendituresIncurredButNotYetPaid`	$27.00M	USD	2 Qtrs
Right-of-use assets obtained in exchange for operating lease obligations	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$25.00M	USD	2 Qtrs
Right-of-use assets obtained in exchange for operating lease obligations	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$23.00M	USD	2 Qtrs

Stockholders Equity 47 line items

Line Item	Tag	Value	Unit	Period
Common stock dividends declared (per share)	`CommonStockDividendsPerShareDeclared`	$1.80	USD	2 Qtrs
Common stock dividends declared (per share)	`CommonStockDividendsPerShareDeclared`	$0.90	USD	1 Quarter
Common stock dividends declared (per share)	`CommonStockDividendsPerShareDeclared`	$2.70	USD	2 Qtrs
Common stock dividends declared (per share)	`CommonStockDividendsPerShareDeclared`	$1.35	USD	1 Quarter
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.65B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.86B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.77B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.56B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.87B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.92B	USD	Point-in-time
Balance, Shares	`CommonStockSharesIssued`	47.28M	shares	Point-in-time
Balance, Shares	`CommonStockSharesIssued`	47.28M	shares	Point-in-time
Balance, Shares	`TreasuryStockCommonShares`	10.47M	shares	Point-in-time
Balance, Shares	`TreasuryStockCommonShares`	11.90M	shares	Point-in-time
Purchase of treasury stock	`TreasuryStockValueAcquiredCostMethod`	$142.00M	USD	1 Quarter
Purchase of treasury stock	`TreasuryStockValueAcquiredCostMethod`	$248.00M	USD	1 Quarter
Purchase of treasury stock	`TreasuryStockValueAcquiredCostMethod`	$406.00M	USD	2 Qtrs
Purchase of treasury stock	`TreasuryStockValueAcquiredCostMethod`	$318.00M	USD	2 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$27.00M	USD	2 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$26.00M	USD	2 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$13.00M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$13.00M	USD	1 Quarter
Vesting of restricted stock units and exercise of stock options	`VestingOfRestrictedStockUnitsAndExerciseOfStockOptions`	$-6.00M	USD	2 Qtrs
Vesting of restricted stock units and exercise of stock options	`VestingOfRestrictedStockUnitsAndExerciseOfStockOptions`	$-16.00M	USD	2 Qtrs
Vesting of restricted stock units and exercise of stock options	`VestingOfRestrictedStockUnitsAndExerciseOfStockOptions`	$-2.00M	USD	1 Quarter
Dividends declared on common stock	`DividendsCommonStockCash`	$98.00M	USD	2 Qtrs
Dividends declared on common stock	`DividendsCommonStockCash`	$48.00M	USD	1 Quarter
Dividends declared on common stock	`DividendsCommonStockCash`	$73.00M	USD	2 Qtrs
Dividends declared on common stock	`DividendsCommonStockCash`	$36.00M	USD	1 Quarter
Contribution from noncontrolling interests	`NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance`	$12.00M	USD	1 Quarter
Contribution from noncontrolling interests	`NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance`	$36.00M	USD	2 Qtrs
Distribution to a noncontrolling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$6.00M	USD	2 Qtrs
Distribution to a noncontrolling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$5.00M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$163.00M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$478.00M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$226.00M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$75.00M	USD	1 Quarter
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.65B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.86B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.77B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.56B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.87B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.92B	USD	Point-in-time
Balance, Shares	`CommonStockSharesIssued`	47.28M	shares	Point-in-time
Balance, Shares	`CommonStockSharesIssued`	47.28M	shares	Point-in-time
Balance, Shares	`TreasuryStockCommonShares`	10.47M	shares	Point-in-time
Balance, Shares	`TreasuryStockCommonShares`	11.90M	shares	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.