10-Q Filing

NEXSTAR MEDIA GROUP, INC. CIK: 1142417 Q3 2023

Filing Information

Form Type	10-Q
Accession Number	`0000950170-23-061149`
Period End Date	20230930
Filing Date	20231108
Fiscal Year	2023
Fiscal Period	Q3
XBRL Instance	nxst-20230930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 98 Income Statement 77 Cash Flow Statement 88 Stockholders Equity 50

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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$150.00M	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.01	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
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
Restricted cash and cash equivalents	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$14.00M	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`	$891.00M	USD	Point-in-time
Accounts receivable, net of allowance for credit losses of $18 and $18, respectively	`AccountsReceivableNetCurrent`	$1.08B	USD	Point-in-time
Broadcast rights	`BroadcastRightsCurrent`	$133.00M	USD	Point-in-time
Broadcast rights	`BroadcastRightsCurrent`	$194.00M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	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`	$152.00M	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
Total current assets	`AssetsCurrent`	$1.34B	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
Common stock, shares issued	`CommonStockSharesIssued`	47.28M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$1.28B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$1.26B	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	47.28M	shares	Point-in-time
Common stock, shares outstanding	`SharesOutstanding`	34.19M	shares	Point-in-time
Common stock, shares outstanding	`SharesOutstanding`	36.81M	shares	Point-in-time
Goodwill	`Goodwill`	$2.96B	USD	Point-in-time
Goodwill	`Goodwill`	$2.96B	USD	Point-in-time
Treasury Stock, Shares	`TreasuryStockCommonShares`	10.47M	shares	Point-in-time
FCC licenses	`IndefiniteLivedLicenseAgreements`	$2.93B	USD	Point-in-time
FCC licenses	`IndefiniteLivedLicenseAgreements`	$2.91B	USD	Point-in-time
Treasury Stock, Shares	`TreasuryStockCommonShares`	13.09M	shares	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$2.21B	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$2.43B	USD	Point-in-time
Total assets	`Assets`	$12.05B	USD	Point-in-time
Investments	`LongTermInvestments`	$946.00M	USD	Point-in-time
Investments	`LongTermInvestments`	$1.12B	USD	Point-in-time
Total assets	`Assets`	$12.68B	USD	Point-in-time
Other noncurrent assets, net	`OtherAssetsNoncurrent`	$376.00M	USD	Point-in-time
Other noncurrent assets, net	`OtherAssetsNoncurrent`	$378.00M	USD	Point-in-time
Total assets	`Assets`	$12.05B	USD	Point-in-time
Total liabilities	`Liabilities`	$9.91B	USD	Point-in-time
Total liabilities	`Liabilities`	$9.70B	USD	Point-in-time
Total assets	`Assets`	$12.68B	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`	$198.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$142.00M	USD	Point-in-time
Broadcast rights payable	`EntertainmentLicenseAgreementForProgramMaterialLiabilityCurrent`	$151.00M	USD	Point-in-time
Broadcast rights payable	`EntertainmentLicenseAgreementForProgramMaterialLiabilityCurrent`	$142.00M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$319.00M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$322.00M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$48.00M	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`	$74.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$893.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$852.00M	USD	Point-in-time
Debt	`LongTermDebtNoncurrent`	$6.83B	USD	Point-in-time
Debt	`LongTermDebtNoncurrent`	$6.74B	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$1.57B	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$1.61B	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$538.00M	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`	$9.70B	USD	Point-in-time
Commitments and contingencies (Note 14)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 14)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock - $0.01 par value, 200,000 shares authorized; none issued and outstanding at each of September 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 September 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`	$1.27B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.29B	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`	$3.12B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$3.03B	USD	Point-in-time
Treasury stock - at cost; 13,088,563 and 10,472,637 shares as of September 30, 2023 and December 31, 2022, respectively	`TreasuryStockValue`	$1.61B	USD	Point-in-time
Treasury stock - at cost; 13,088,563 and 10,472,637 shares as of September 30, 2023 and December 31, 2022, respectively	`TreasuryStockValue`	$2.08B	USD	Point-in-time
Total Nexstar Media Group, Inc. stockholders' equity	`StockholdersEquity`	$2.33B	USD	Point-in-time
Total Nexstar Media Group, Inc. stockholders' equity	`StockholdersEquity`	$2.74B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$28.00M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$14.00M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.87B	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`	$2.95B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.35B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.86B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$12.68B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$12.05B	USD	Point-in-time

Income Statement 77 line items

Line Item	Tag	Value	Unit	Period
Net revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.27B	USD	1 Quarter
Net revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.13B	USD	1 Quarter
Net revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.63B	USD	3 Qtrs
Net revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.72B	USD	3 Qtrs
Direct operating expenses, excluding depreciation and amortization	`DirectOperatingCosts`	$1.50B	USD	3 Qtrs
Direct operating expenses, excluding depreciation and amortization	`DirectOperatingCosts`	$537.00M	USD	1 Quarter
Direct operating expenses, excluding depreciation and amortization	`DirectOperatingCosts`	$511.00M	USD	1 Quarter
Direct operating expenses, excluding depreciation and amortization	`DirectOperatingCosts`	$1.61B	USD	3 Qtrs
Selling, general and administrative expenses, excluding depreciation and amortization	`SellingGeneralAndAdministrativeExpense`	$775.00M	USD	3 Qtrs
Selling, general and administrative expenses, excluding depreciation and amortization	`SellingGeneralAndAdministrativeExpense`	$808.00M	USD	3 Qtrs
Selling, general and administrative expenses, excluding depreciation and amortization	`SellingGeneralAndAdministrativeExpense`	$260.00M	USD	1 Quarter
Selling, general and administrative expenses, excluding depreciation and amortization	`SellingGeneralAndAdministrativeExpense`	$281.00M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$431.00M	USD	3 Qtrs
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$142.00M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$220.00M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$731.00M	USD	3 Qtrs
Other	`OtherOperatingIncomeExpenseNet`	$3.00M	USD	3 Qtrs
Total operating expenses	`CostsAndExpenses`	$2.71B	USD	3 Qtrs
Total operating expenses	`CostsAndExpenses`	$913.00M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$3.15B	USD	3 Qtrs
Total operating expenses	`CostsAndExpenses`	$1.04B	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$94.00M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$477.00M	USD	3 Qtrs
Income from operations	`OperatingIncomeLoss`	$1.02B	USD	3 Qtrs
Income from operations	`OperatingIncomeLoss`	$356.00M	USD	1 Quarter
Gain on bargain purchase	`BusinessCombinationBargainPurchaseGainRecognizedAmount`	$54.00M	USD	1 Quarter
Gain on bargain purchase	`BusinessCombinationBargainPurchaseGainRecognizedAmount`	$54.00M	USD	3 Qtrs
Income from equity method investments, net	`IncomeLossFromEquityMethodInvestments`	$110.00M	USD	3 Qtrs
Income from equity method investments, net	`IncomeLossFromEquityMethodInvestments`	$37.00M	USD	1 Quarter
Income from equity method investments, net	`IncomeLossFromEquityMethodInvestments`	$24.00M	USD	1 Quarter
Income from equity method investments, net	`IncomeLossFromEquityMethodInvestments`	$82.00M	USD	3 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-332.00M	USD	3 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-89.00M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-113.00M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-233.00M	USD	3 Qtrs
Pension and other postretirement plans credit, net	`PensionAndOtherPostretirementBenefitExpense`	$-27.00M	USD	3 Qtrs
Pension and other postretirement plans credit, net	`PensionAndOtherPostretirementBenefitExpense`	$-9.00M	USD	1 Quarter
Pension and other postretirement plans credit, net	`PensionAndOtherPostretirementBenefitExpense`	$-11.00M	USD	1 Quarter
Pension and other postretirement plans credit, net	`PensionAndOtherPostretirementBenefitExpense`	$-33.00M	USD	3 Qtrs
Other income (expenses), net	`OtherNonoperatingIncomeExpense`	$-10.00M	USD	3 Qtrs
Other income (expenses), net	`OtherNonoperatingIncomeExpense`	$1.00M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$370.00M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$972.00M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$14.00M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$254.00M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$83.00M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$206.00M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$6.00M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$82.00M	USD	1 Quarter
Net income	`ProfitLoss`	$8.00M	USD	1 Quarter
Net income	`ProfitLoss`	$171.00M	USD	3 Qtrs
Net income	`ProfitLoss`	$766.00M	USD	3 Qtrs
Net income	`ProfitLoss`	$288.00M	USD	1 Quarter
Net loss attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-2.00M	USD	3 Qtrs
Net loss attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-17.00M	USD	1 Quarter
Net loss attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-61.00M	USD	3 Qtrs
Net loss attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-1.00M	USD	1 Quarter
Net income attributable to Nexstar Media Group, Inc.	`NetIncomeLoss`	$289.00M	USD	1 Quarter
Net income attributable to Nexstar Media Group, Inc.	`NetIncomeLoss`	$25.00M	USD	1 Quarter
Net income attributable to Nexstar Media Group, Inc.	`NetIncomeLoss`	$232.00M	USD	3 Qtrs
Net income attributable to Nexstar Media Group, Inc.	`NetIncomeLoss`	$768.00M	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$7.45	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.71	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$6.47	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$19.21	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.70	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$6.37	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	$7.30	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$18.81	USD	3 Qtrs
Basic (in thousands)	`WeightedAverageNumberOfSharesOutstandingBasic`	38.77M	shares	1 Quarter
Basic (in thousands)	`WeightedAverageNumberOfSharesOutstandingBasic`	34.93M	shares	1 Quarter
Basic (in thousands)	`WeightedAverageNumberOfSharesOutstandingBasic`	39.96M	shares	3 Qtrs
Basic (in thousands)	`WeightedAverageNumberOfSharesOutstandingBasic`	35.81M	shares	3 Qtrs
Diluted (in thousands)	`WeightedAverageNumberOfDilutedSharesOutstanding`	36.37M	shares	3 Qtrs
Diluted (in thousands)	`WeightedAverageNumberOfDilutedSharesOutstanding`	39.56M	shares	1 Quarter
Diluted (in thousands)	`WeightedAverageNumberOfDilutedSharesOutstanding`	40.82M	shares	3 Qtrs
Diluted (in thousands)	`WeightedAverageNumberOfDilutedSharesOutstanding`	35.37M	shares	1 Quarter

Cash Flow Statement 88 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$8.00M	USD	1 Quarter
Net income	`ProfitLoss`	$171.00M	USD	3 Qtrs
Net income	`ProfitLoss`	$766.00M	USD	3 Qtrs
Net income	`ProfitLoss`	$288.00M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$431.00M	USD	3 Qtrs
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$142.00M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$220.00M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$731.00M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$44.00M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$43.00M	USD	3 Qtrs
Amortization of debt financing costs, debt discounts and premium	`AmortizationOfFinancingCostsAndDiscounts`	$10.00M	USD	3 Qtrs
Amortization of debt financing costs, debt discounts and premium	`AmortizationOfFinancingCostsAndDiscounts`	$8.00M	USD	3 Qtrs
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$32.00M	USD	3 Qtrs
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$37.00M	USD	3 Qtrs
Payments for broadcast rights	`PaymentsForBroadcastRights`	$97.00M	USD	3 Qtrs
Payments for broadcast rights	`PaymentsForBroadcastRights`	$322.00M	USD	3 Qtrs
Gain on bargain purchase	`BusinessCombinationBargainPurchaseGainRecognizedAmount`	$54.00M	USD	1 Quarter
Gain on bargain purchase	`BusinessCombinationBargainPurchaseGainRecognizedAmount`	$54.00M	USD	3 Qtrs
Income from equity method investments, net	`IncomeLossFromEquityMethodInvestments`	$110.00M	USD	3 Qtrs
Income from equity method investments, net	`IncomeLossFromEquityMethodInvestments`	$37.00M	USD	1 Quarter
Income from equity method investments, net	`IncomeLossFromEquityMethodInvestments`	$24.00M	USD	1 Quarter
Income from equity method investments, net	`IncomeLossFromEquityMethodInvestments`	$82.00M	USD	3 Qtrs
Distribution from equity method investments - return on capital	`EquityMethodInvestmentDividendsOrDistributions`	$259.00M	USD	3 Qtrs
Distribution from equity method investments - return on capital	`EquityMethodInvestmentDividendsOrDistributions`	$235.00M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-80.00M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-191.00M	USD	3 Qtrs
Prepaid and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-13.00M	USD	3 Qtrs
Prepaid and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$6.00M	USD	3 Qtrs
Other noncurrent assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$-1.00M	USD	3 Qtrs
Other noncurrent assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$21.00M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-54.00M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-80.00M	USD	3 Qtrs
Accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-3.00M	USD	3 Qtrs
Accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedLiabilities`	$45.00M	USD	3 Qtrs
Income tax payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-25.00M	USD	3 Qtrs
Income tax payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-36.00M	USD	3 Qtrs
Other noncurrent liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-36.00M	USD	3 Qtrs
Other noncurrent liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-37.00M	USD	3 Qtrs
Other	`OtherOperatingActivitiesCashFlowStatement`	$-1.00M	USD	3 Qtrs
Other	`OtherOperatingActivitiesCashFlowStatement`	$7.00M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.19B	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$817.00M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$100.00M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$113.00M	USD	3 Qtrs
Payments for acquisitions	`PaymentsToAcquireBusinessesGross`	$38.00M	USD	3 Qtrs
Deposits received associated with the sale of real estate assets	`ProceedsFromDepositsOnRealEstateSales`	$10.00M	USD	3 Qtrs
Deposits received associated with the sale of real estate assets	`ProceedsFromDepositsOnRealEstateSales`	$13.00M	USD	3 Qtrs
Proceeds from sale of real estate and other assets	`ProceedsFromSaleOfOtherAssetsInvestingActivities`	$45.00M	USD	3 Qtrs
Cash acquired on business acquisition	`CashAcquiredFromAcquisition`	$29.00M	USD	3 Qtrs
Other investing activities, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-4.00M	USD	3 Qtrs
Other investing activities, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-2.00M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-137.00M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-11.00M	USD	3 Qtrs
Proceeds from debt issuance, net of debt discounts	`ProceedsFromIssuanceOfLongTermDebt`	$2.48B	USD	3 Qtrs
Repayments of long-term debt	`RepaymentsOfDebt`	$2.73B	USD	3 Qtrs
Repayments of long-term debt	`RepaymentsOfDebt`	$93.00M	USD	3 Qtrs
Purchase of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$509.00M	USD	3 Qtrs
Purchase of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$621.00M	USD	3 Qtrs
Common stock dividends paid	`PaymentsOfDividendsCommonStock`	$108.00M	USD	3 Qtrs
Common stock dividends paid	`PaymentsOfDividendsCommonStock`	$145.00M	USD	3 Qtrs
Payments for capitalized software obligations	`PaymentsForCapitalizedSoftwareObligations`	$14.00M	USD	3 Qtrs
Payments for capitalized software obligations	`PaymentsForCapitalizedSoftwareObligations`	$11.00M	USD	3 Qtrs
Contribution from noncontrolling interests	`ProceedsFromMinorityShareholders`	$47.00M	USD	3 Qtrs
Cash paid for shares withheld for taxes	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$24.00M	USD	3 Qtrs
Cash paid for shares withheld for taxes	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$13.00M	USD	3 Qtrs
Payments for contingent consideration in connection with a past acquisition	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$14.00M	USD	3 Qtrs
Other financing activities, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$2.00M	USD	3 Qtrs
Other financing activities, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-1.00M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.02B	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-736.00M	USD	3 Qtrs
Net increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$156.00M	USD	3 Qtrs
Net increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-56.00M	USD	3 Qtrs
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$164.00M	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`	$363.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$220.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$164.00M	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`	$363.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$220.00M	USD	Point-in-time
Interest paid	`InterestPaidNet`	$243.00M	USD	3 Qtrs
Interest paid	`InterestPaidNet`	$335.00M	USD	3 Qtrs
Income taxes paid, net of refunds	`IncomeTaxesPaidNet`	$273.00M	USD	3 Qtrs
Income taxes paid, net of refunds	`IncomeTaxesPaidNet`	$142.00M	USD	3 Qtrs
Accrued and noncash purchases of property and equipment	`CapitalExpendituresIncurredButNotYetPaid`	$10.00M	USD	3 Qtrs
Accrued and noncash purchases of property and equipment	`CapitalExpendituresIncurredButNotYetPaid`	$37.00M	USD	3 Qtrs
Right-of-use assets obtained in exchange for operating lease obligations	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$26.00M	USD	3 Qtrs
Right-of-use assets obtained in exchange for operating lease obligations	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$29.00M	USD	3 Qtrs

Stockholders Equity 50 line items

Line Item	Tag	Value	Unit	Period
Common stock dividends declared (per share)	`CommonStockDividendsPerShareDeclared`	$4.05	USD	3 Qtrs
Common stock dividends declared (per share)	`CommonStockDividendsPerShareDeclared`	$1.35	USD	1 Quarter
Common stock dividends declared (per share)	`CommonStockDividendsPerShareDeclared`	$0.90	USD	1 Quarter
Common stock dividends declared (per share)	`CommonStockDividendsPerShareDeclared`	$2.70	USD	3 Qtrs
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.87B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.77B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.56B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.95B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.35B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.86B	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`	13.09M	shares	Point-in-time
Purchase of treasury stock	`TreasuryStockValueAcquiredCostMethod`	$518.00M	USD	3 Qtrs
Purchase of treasury stock	`TreasuryStockValueAcquiredCostMethod`	$621.00M	USD	3 Qtrs
Purchase of treasury stock	`TreasuryStockValueAcquiredCostMethod`	$200.00M	USD	1 Quarter
Purchase of treasury stock	`TreasuryStockValueAcquiredCostMethod`	$215.00M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$17.00M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$44.00M	USD	3 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$16.00M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$43.00M	USD	3 Qtrs
Vesting of restricted stock units and exercise of stock options	`VestingOfRestrictedStockUnitsAndExerciseOfStockOptions`	$-22.00M	USD	3 Qtrs
Vesting of restricted stock units and exercise of stock options	`VestingOfRestrictedStockUnitsAndExerciseOfStockOptions`	$-5.00M	USD	1 Quarter
Vesting of restricted stock units and exercise of stock options	`VestingOfRestrictedStockUnitsAndExerciseOfStockOptions`	$1.00M	USD	1 Quarter
Vesting of restricted stock units and exercise of stock options	`VestingOfRestrictedStockUnitsAndExerciseOfStockOptions`	$-5.00M	USD	3 Qtrs
Dividends declared on common stock	`DividendsCommonStockCash`	$35.00M	USD	1 Quarter
Dividends declared on common stock	`DividendsCommonStockCash`	$108.00M	USD	3 Qtrs
Dividends declared on common stock	`DividendsCommonStockCash`	$47.00M	USD	1 Quarter
Dividends declared on common stock	`DividendsCommonStockCash`	$145.00M	USD	3 Qtrs
Noncontrolling interests from a business combination	`NoncontrollingInterestIncreaseFromBusinessCombination`	$24.00M	USD	1 Quarter
Noncontrolling interests from a business combination	`NoncontrollingInterestIncreaseFromBusinessCombination`	$24.00M	USD	3 Qtrs
Contribution from noncontrolling interests	`NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance`	$11.00M	USD	1 Quarter
Contribution from noncontrolling interests	`NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance`	$47.00M	USD	3 Qtrs
Distribution to a noncontrolling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$7.00M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$8.00M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$171.00M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$766.00M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$288.00M	USD	1 Quarter
Other	`StockIssuedDuringPeriodValueOther`	$-1.00M	USD	1 Quarter
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.87B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.77B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.56B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.95B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.35B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.86B	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`	13.09M	shares	Point-in-time

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