10-K Filing

NEXSTAR MEDIA GROUP, INC. CIK: 1142417 FY 2023

Filing Information

Form Type	10-K
Accession Number	`0000950170-24-021979`
Period End Date	20231231
Filing Date	20240228
Fiscal Year	2023
Fiscal Period	FY
XBRL Instance	nxst-20231231_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 96 Income Statement 83 Cash Flow Statement 126 Stockholders Equity 42

Balance Sheet 96 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`	$20.00M	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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$135.00M	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Restricted cash and cash equivalents	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$12.00M	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
Accounts receivable, net of allowance for credit losses of $20 and $18, respectively	`AccountsReceivableNetCurrent`	$1.09B	USD	Point-in-time
Accounts receivable, net of allowance for credit losses of $20 and $18, respectively	`AccountsReceivableNetCurrent`	$1.08B	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Broadcast rights	`BroadcastRightsCurrent`	$136.00M	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
Broadcast rights	`BroadcastRightsCurrent`	$194.00M	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
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$88.00M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.47B	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
Common stock, shares issued	`CommonStockSharesIssued`	47.28M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$1.27B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$1.26B	USD	Point-in-time
Goodwill	`Goodwill`	$2.95B	USD	Point-in-time
Goodwill	`Goodwill`	$2.96B	USD	Point-in-time
Common stock, shares outstanding	`SharesOutstanding`	33.60M	shares	Point-in-time
Common stock, shares outstanding	`SharesOutstanding`	36.81M	shares	Point-in-time
Treasury Stock, Shares	`TreasuryStockCommonShares`	13.68M	shares	Point-in-time
FCC licenses	`IndefiniteLivedLicenseAgreements`	$2.91B	USD	Point-in-time
FCC licenses	`IndefiniteLivedLicenseAgreements`	$2.93B	USD	Point-in-time
Treasury Stock, Shares	`TreasuryStockCommonShares`	10.47M	shares	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$2.12B	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$2.43B	USD	Point-in-time
Total assets	`Assets`	$12.08B	USD	Point-in-time
Investments	`LongTermInvestments`	$1.12B	USD	Point-in-time
Investments	`LongTermInvestments`	$958.00M	USD	Point-in-time
Total assets	`Assets`	$12.68B	USD	Point-in-time
Other noncurrent assets, net	`OtherAssetsNoncurrent`	$386.00M	USD	Point-in-time
Other noncurrent assets, net	`OtherAssetsNoncurrent`	$378.00M	USD	Point-in-time
Total liabilities	`Liabilities`	$9.77B	USD	Point-in-time
Total assets	`Assets`	$12.08B	USD	Point-in-time
Total liabilities	`Liabilities`	$9.91B	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`	$235.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$198.00M	USD	Point-in-time
Broadcast rights payable	`EntertainmentLicenseAgreementForProgramMaterialLiabilityCurrent`	$151.00M	USD	Point-in-time
Broadcast rights payable	`EntertainmentLicenseAgreementForProgramMaterialLiabilityCurrent`	$136.00M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$319.00M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$350.00M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$47.00M	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`	$69.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$961.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$893.00M	USD	Point-in-time
Debt	`LongTermDebtNoncurrent`	$6.71B	USD	Point-in-time
Debt	`LongTermDebtNoncurrent`	$6.83B	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$1.61B	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$1.52B	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$571.00M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$584.00M	USD	Point-in-time
Total liabilities	`Liabilities`	$9.77B	USD	Point-in-time
Total liabilities	`Liabilities`	$9.91B	USD	Point-in-time
Commitments and contingencies (Note 16)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 16)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock - $0.01 par value, 200,000 shares authorized; none issued and outstanding at each of December 31, 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 December 31, 2023 and December 31, 2022	`PreferredStockValue`	-	USD	Point-in-time
Common stock - $0.01 par value, 100,000,000 shares authorized; 47,282,823 shares issued, 33,600,926 shares outstanding as of December 31, 2023 and 47,282,823 shares issued, 36,810,186 shares outstanding as of December 31, 2022	`CommonStockValue`	-	USD	Point-in-time
Common stock - $0.01 par value, 100,000,000 shares authorized; 47,282,823 shares issued, 33,600,926 shares outstanding as of December 31, 2023 and 47,282,823 shares issued, 36,810,186 shares outstanding as of December 31, 2022	`CommonStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.28B	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`	$1.00M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$3.19B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$3.03B	USD	Point-in-time
Treasury stock - at cost; 13,681,897 and 10,472,637 shares as of December 31, 2023 and December 31, 2022, respectively	`TreasuryStockValue`	$1.61B	USD	Point-in-time
Treasury stock - at cost; 13,681,897 and 10,472,637 shares as of December 31, 2023 and December 31, 2022, respectively	`TreasuryStockValue`	$2.17B	USD	Point-in-time
Total Nexstar Media Group, Inc. stockholders equity	`StockholdersEquity`	$2.30B	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`	$2.77B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.31B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.54B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.86B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$12.08B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$12.68B	USD	Point-in-time

Income Statement 83 line items

Line Item	Tag	Value	Unit	Period
Change in unrecognized amounts included in pension and postretirement obligations, tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax`	$-37.00M	USD	Annual
Change in unrecognized amounts included in pension and postretirement obligations, tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax`	$39.00M	USD	Annual
Change in unrecognized amounts included in pension and postretirement obligations, tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax`	$9.00M	USD	Annual
Net revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$4.93B	USD	Annual
Net revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$4.65B	USD	Annual
Net revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$5.21B	USD	Annual
Direct operating, excluding depreciation and amortization	`DirectOperatingCosts`	$2.00B	USD	Annual
Direct operating, excluding depreciation and amortization	`DirectOperatingCosts`	$1.86B	USD	Annual
Direct operating, excluding depreciation and amortization	`DirectOperatingCosts`	$2.15B	USD	Annual
Selling, general and administrative, excluding depreciation and amortization	`SellingGeneralAndAdministrativeExpense`	$1.10B	USD	Annual
Selling, general and administrative, excluding depreciation and amortization	`SellingGeneralAndAdministrativeExpense`	$1.02B	USD	Annual
Selling, general and administrative, excluding depreciation and amortization	`SellingGeneralAndAdministrativeExpense`	$1.10B	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$589.00M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$662.00M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$941.00M	USD	Annual
Goodwill and long-lived asset impairments	`GoodwillAndIntangibleAssetImpairment`	$133.00M	USD	Annual
Goodwill and long-lived asset impairments	`GoodwillAndIntangibleAssetImpairment`	$23.00M	USD	Annual
Goodwill and long-lived asset impairments	`GoodwillAndIntangibleAssetImpairment`	$35.00M	USD	Annual
Spectrum repack reimbursements	`ReimbursementFromFCCRelatedToStationRepack`	$20.00M	USD	Annual
Spectrum repack reimbursements	`ReimbursementFromFCCRelatedToStationRepack`	$3.00M	USD	Annual
Other	`OtherOperatingIncomeExpenseNet`	$5.00M	USD	Annual
Total operating expenses	`CostsAndExpenses`	$3.90B	USD	Annual
Total operating expenses	`CostsAndExpenses`	$4.22B	USD	Annual
Total operating expenses	`CostsAndExpenses`	$3.47B	USD	Annual
Income from operations	`OperatingIncomeLoss`	$1.31B	USD	Annual
Income from operations	`OperatingIncomeLoss`	$1.18B	USD	Annual
Income from operations	`OperatingIncomeLoss`	$708.00M	USD	Annual
Gain on bargain purchase	`BusinessCombinationBargainPurchaseGainRecognizedAmount`	$56.00M	USD	Annual
Income from equity method investments, net	`IncomeLossFromEquityMethodInvestments`	$125.00M	USD	Annual
Income from equity method investments, net	`IncomeLossFromEquityMethodInvestments`	$153.00M	USD	Annual
Income from equity method investments, net	`IncomeLossFromEquityMethodInvestments`	$104.00M	USD	Annual
Interest expense, net	`InterestIncomeExpenseNet`	$-447.00M	USD	Annual
Interest expense, net	`InterestIncomeExpenseNet`	$-283.00M	USD	Annual
Interest expense, net	`InterestIncomeExpenseNet`	$-337.00M	USD	Annual
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-3.00M	USD	Annual
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-3.00M	USD	Annual
Pension and other postretirement plans credit, net	`PensionAndOtherPostretirementBenefitExpense`	$-81.00M	USD	Annual
Pension and other postretirement plans credit, net	`PensionAndOtherPostretirementBenefitExpense`	$-36.00M	USD	Annual
Pension and other postretirement plans credit, net	`PensionAndOtherPostretirementBenefitExpense`	$-43.00M	USD	Annual
Other expenses, net	`OtherNonoperatingIncomeExpense`	$-7.00M	USD	Annual
Other expenses, net	`OtherNonoperatingIncomeExpense`	$-2.00M	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.09B	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$401.00M	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.22B	USD	Annual
Income tax expense	`IncomeTaxExpenseBenefit`	$131.00M	USD	Annual
Income tax expense	`IncomeTaxExpenseBenefit`	$274.00M	USD	Annual
Income tax expense	`IncomeTaxExpenseBenefit`	$263.00M	USD	Annual
Net income	`ProfitLoss`	$830.00M	USD	Annual
Net income	`ProfitLoss`	$943.00M	USD	Annual
Net income	`ProfitLoss`	$270.00M	USD	Annual
Net loss attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-76.00M	USD	Annual
Net loss attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-28.00M	USD	Annual
Net loss attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-4.00M	USD	Annual
Net income attributable to Nexstar Media Group, Inc.	`NetIncomeLoss`	$971.00M	USD	Annual
Net income attributable to Nexstar Media Group, Inc.	`NetIncomeLoss`	$834.00M	USD	Annual
Net income attributable to Nexstar Media Group, Inc.	`NetIncomeLoss`	$346.00M	USD	Annual
Basic	`EarningsPerShareBasic`	$19.81	USD	Annual
Basic	`EarningsPerShareBasic`	$24.68	USD	Annual
Basic	`EarningsPerShareBasic`	$9.78	USD	Annual
Diluted	`EarningsPerShareDiluted`	$18.98	USD	Annual
Diluted	`EarningsPerShareDiluted`	$24.16	USD	Annual
Diluted	`EarningsPerShareDiluted`	$9.64	USD	Annual
Basic (in thousands)	`WeightedAverageNumberOfSharesOutstandingBasic`	42.13M	shares	Annual
Basic (in thousands)	`WeightedAverageNumberOfSharesOutstandingBasic`	39.35M	shares	Annual
Basic (in thousands)	`WeightedAverageNumberOfSharesOutstandingBasic`	35.32M	shares	Annual
Diluted (in thousands)	`WeightedAverageNumberOfDilutedSharesOutstanding`	35.83M	shares	Annual
Diluted (in thousands)	`WeightedAverageNumberOfDilutedSharesOutstanding`	43.98M	shares	Annual
Diluted (in thousands)	`WeightedAverageNumberOfDilutedSharesOutstanding`	40.19M	shares	Annual
Net income	`ProfitLoss`	$830.00M	USD	Annual
Net income	`ProfitLoss`	$943.00M	USD	Annual
Net income	`ProfitLoss`	$270.00M	USD	Annual
Change in unrecognized amounts included in pension and other postretirement benefit obligations, net of tax benefit (expense) of $9 in 2023, $39 in 2022, and ($37) in 2021	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-26.00M	USD	Annual
Change in unrecognized amounts included in pension and other postretirement benefit obligations, net of tax benefit (expense) of $9 in 2023, $39 in 2022, and ($37) in 2021	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$107.00M	USD	Annual
Change in unrecognized amounts included in pension and other postretirement benefit obligations, net of tax benefit (expense) of $9 in 2023, $39 in 2022, and ($37) in 2021	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-114.00M	USD	Annual
Total comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$937.00M	USD	Annual
Total comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$829.00M	USD	Annual
Total comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$244.00M	USD	Annual
Total comprehensive loss attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-4.00M	USD	Annual
Total comprehensive loss attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-28.00M	USD	Annual
Total comprehensive loss attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-76.00M	USD	Annual
Total comprehensive income attributable to Nexstar Media Group, Inc.	`ComprehensiveIncomeNetOfTax`	$320.00M	USD	Annual
Total comprehensive income attributable to Nexstar Media Group, Inc.	`ComprehensiveIncomeNetOfTax`	$941.00M	USD	Annual
Total comprehensive income attributable to Nexstar Media Group, Inc.	`ComprehensiveIncomeNetOfTax`	$857.00M	USD	Annual

Cash Flow Statement 126 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$830.00M	USD	Annual
Net income	`ProfitLoss`	$943.00M	USD	Annual
Net income	`ProfitLoss`	$270.00M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$589.00M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$662.00M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$941.00M	USD	Annual
Goodwill and other long-lived asset impairments	`ImpairmentOfGoodwillAndOtherLongLivedAssets`	$133.00M	USD	Annual
Goodwill and other long-lived asset impairments	`ImpairmentOfGoodwillAndOtherLongLivedAssets`	$35.00M	USD	Annual
Goodwill and other long-lived asset impairments	`ImpairmentOfGoodwillAndOtherLongLivedAssets`	$23.00M	USD	Annual
Stock-based compensation expense	`ShareBasedCompensation`	$47.00M	USD	Annual
Stock-based compensation expense	`ShareBasedCompensation`	$62.00M	USD	Annual
Stock-based compensation expense	`ShareBasedCompensation`	$60.00M	USD	Annual
Amortization of debt financing costs, debt discounts and premium	`AmortizationOfFinancingCostsAndDiscounts`	$13.00M	USD	Annual
Amortization of debt financing costs, debt discounts and premium	`AmortizationOfFinancingCostsAndDiscounts`	$15.00M	USD	Annual
Amortization of debt financing costs, debt discounts and premium	`AmortizationOfFinancingCostsAndDiscounts`	$11.00M	USD	Annual
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$103.00M	USD	Annual
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$77.00M	USD	Annual
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$-5.00M	USD	Annual
Spectrum repack reimbursements	`ReimbursementFromFCCRelatedToStationRepack`	$20.00M	USD	Annual
Spectrum repack reimbursements	`ReimbursementFromFCCRelatedToStationRepack`	$3.00M	USD	Annual
Payments for broadcast rights	`PaymentsForBroadcastRights`	$417.00M	USD	Annual
Payments for broadcast rights	`PaymentsForBroadcastRights`	$167.00M	USD	Annual
Payments for broadcast rights	`PaymentsForBroadcastRights`	$244.00M	USD	Annual
Gain on bargain purchase	`BusinessCombinationBargainPurchaseGainRecognizedAmount`	$56.00M	USD	Annual
Income from equity method investments, net	`IncomeLossFromEquityMethodInvestments`	$125.00M	USD	Annual
Income from equity method investments, net	`IncomeLossFromEquityMethodInvestments`	$153.00M	USD	Annual
Income from equity method investments, net	`IncomeLossFromEquityMethodInvestments`	$104.00M	USD	Annual
Distribution from equity method investments - return on capital	`EquityMethodInvestmentDividendsOrDistributions`	$250.00M	USD	Annual
Distribution from equity method investments - return on capital	`EquityMethodInvestmentDividendsOrDistributions`	$270.00M	USD	Annual
Distribution from equity method investments - return on capital	`EquityMethodInvestmentDividendsOrDistributions`	$239.00M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$13.00M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$109.00M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$12.00M	USD	Annual
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$4.00M	USD	Annual
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$5.00M	USD	Annual
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-10.00M	USD	Annual
Other noncurrent assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$-35.00M	USD	Annual
Other noncurrent assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$24.00M	USD	Annual
Other noncurrent assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$1.00M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-50.00M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$28.00M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$32.00M	USD	Annual
Accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedLiabilities`	$29.00M	USD	Annual
Accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedLiabilities`	$4.00M	USD	Annual
Accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-19.00M	USD	Annual
Income tax payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$10.00M	USD	Annual
Income tax payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-48.00M	USD	Annual
Income tax payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$37.00M	USD	Annual
Other noncurrent liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-52.00M	USD	Annual
Other noncurrent liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-48.00M	USD	Annual
Other noncurrent liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-118.00M	USD	Annual
Other	`OtherOperatingActivitiesCashFlowStatement`	$13.00M	USD	Annual
Other	`OtherOperatingActivitiesCashFlowStatement`	$-8.00M	USD	Annual
Other	`OtherOperatingActivitiesCashFlowStatement`	$1.00M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$999.00M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.40B	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.22B	USD	Annual
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$151.00M	USD	Annual
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$149.00M	USD	Annual
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$157.00M	USD	Annual
Payments for acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$138.00M	USD	Annual
Payments for acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$38.00M	USD	Annual
Deposits received associated with the sale of real estate assets	`ProceedsFromDepositsOnRealEstateSales`	$13.00M	USD	Annual
Deposits received associated with the sale of real estate assets	`ProceedsFromDepositsOnRealEstateSales`	$10.00M	USD	Annual
Deposits received associated with the sale of real estate assets	`ProceedsFromDepositsOnRealEstateSales`	$10.00M	USD	Annual
Proceeds from disposals of assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$241.00M	USD	Annual
Proceeds from disposals of assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$8.00M	USD	Annual
Proceeds from disposals of assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$18.00M	USD	Annual
Cash acquired on business acquisition	`CashAcquiredFromAcquisition`	$29.00M	USD	Annual
Spectrum repack reimbursements	`ProceedsFromSpectrumRepackReimbursementsFromFCC`	$3.00M	USD	Annual
Spectrum repack reimbursements	`ProceedsFromSpectrumRepackReimbursementsFromFCC`	$20.00M	USD	Annual
Other investing activities, net	`PaymentsForProceedsFromOtherInvestingActivities`	$1.00M	USD	Annual
Other investing activities, net	`PaymentsForProceedsFromOtherInvestingActivities`	$4.00M	USD	Annual
Other investing activities, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-6.00M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-173.00M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$125.00M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-232.00M	USD	Annual
Proceeds from debt issuance, net of debt discounts	`ProceedsFromIssuanceOfLongTermDebt`	$321.00M	USD	Annual
Proceeds from debt issuance, net of debt discounts	`ProceedsFromIssuanceOfLongTermDebt`	$2.48B	USD	Annual
Proceeds from debt issuance, net of debt discounts	`ProceedsFromIssuanceOfLongTermDebt`	$20.00M	USD	Annual
Repayments of long-term debt	`RepaymentsOfDebt`	$2.96B	USD	Annual
Repayments of long-term debt	`RepaymentsOfDebt`	$145.00M	USD	Annual
Repayments of long-term debt	`RepaymentsOfDebt`	$590.00M	USD	Annual
Purchase of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$605.00M	USD	Annual
Purchase of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$537.00M	USD	Annual
Purchase of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$881.00M	USD	Annual
Common stock dividends paid	`PaymentsOfDividendsCommonStock`	$191.00M	USD	Annual
Common stock dividends paid	`PaymentsOfDividendsCommonStock`	$142.00M	USD	Annual
Common stock dividends paid	`PaymentsOfDividendsCommonStock`	$118.00M	USD	Annual
Contribution from noncontrolling interests	`ProceedsFromMinorityShareholders`	$30.00M	USD	Annual
Contribution from noncontrolling interests	`ProceedsFromMinorityShareholders`	$62.00M	USD	Annual
Payments for capitalized software obligations	`PaymentsForCapitalizedSoftwareObligations`	$16.00M	USD	Annual
Payments for capitalized software obligations	`PaymentsForCapitalizedSoftwareObligations`	$17.00M	USD	Annual
Payments for capitalized software obligations	`PaymentsForCapitalizedSoftwareObligations`	$19.00M	USD	Annual
Cash paid for shares withheld for taxes	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$24.00M	USD	Annual
Cash paid for shares withheld for taxes	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$12.00M	USD	Annual
Cash paid for shares withheld for taxes	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$11.00M	USD	Annual
Payments for contingent consideration in connection with a past acquisition	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$14.00M	USD	Annual
Other financing activities, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$3.00M	USD	Annual
Other financing activities, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$7.00M	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-899.00M	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-945.00M	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.51B	USD	Annual
Net increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-73.00M	USD	Annual
Net increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$38.00M	USD	Annual
Net increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$13.00M	USD	Annual
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$147.00M	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`	$169.00M	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`	$147.00M	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`	$169.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$220.00M	USD	Point-in-time
Interest paid	`InterestPaidNet`	$437.00M	USD	Annual
Interest paid	`InterestPaidNet`	$273.00M	USD	Annual
Interest paid	`InterestPaidNet`	$330.00M	USD	Annual
Income taxes paid, net of refunds	`IncomeTaxesPaidNet`	$320.00M	USD	Annual
Income taxes paid, net of refunds	`IncomeTaxesPaidNet`	$370.00M	USD	Annual
Income taxes paid, net of refunds	`IncomeTaxesPaidNet`	$169.00M	USD	Annual
Accrued and noncash purchases of property and equipment	`CapitalExpendituresIncurredButNotYetPaid`	$11.00M	USD	Annual
Accrued and noncash purchases of property and equipment	`CapitalExpendituresIncurredButNotYetPaid`	$10.00M	USD	Annual
Accrued and noncash purchases of property and equipment	`CapitalExpendituresIncurredButNotYetPaid`	$13.00M	USD	Annual
Right-of-use assets obtained in exchange for operating lease obligations	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$45.00M	USD	Annual
Right-of-use assets obtained in exchange for operating lease obligations	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$54.00M	USD	Annual
Right-of-use assets obtained in exchange for operating lease obligations	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$50.00M	USD	Annual

Stockholders Equity 42 line items

Line Item	Tag	Value	Unit	Period
Common stock dividends declared (per share)	`CommonStockDividendsPerShareDeclared`	$3.60	USD	Annual
Common stock dividends declared (per share)	`CommonStockDividendsPerShareDeclared`	$5.40	USD	Annual
Common stock dividends declared (per share)	`CommonStockDividendsPerShareDeclared`	$2.80	USD	Annual
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.77B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.31B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.54B	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`	13.68M	shares	Point-in-time
Balance, Shares	`TreasuryStockCommonShares`	10.47M	shares	Point-in-time
Purchase of treasury stock	`TreasuryStockValueAcquiredCostMethod`	$537.00M	USD	Annual
Purchase of treasury stock	`TreasuryStockValueAcquiredCostMethod`	$611.00M	USD	Annual
Purchase of treasury stock	`TreasuryStockValueAcquiredCostMethod`	$881.00M	USD	Annual
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$60.00M	USD	Annual
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$62.00M	USD	Annual
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$47.00M	USD	Annual
Vesting of restricted stock units and exercise of stock options	`VestingOfRestrictedStockUnitsAndExerciseOfStockOptions`	$-20.00M	USD	Annual
Vesting of restricted stock units and exercise of stock options	`VestingOfRestrictedStockUnitsAndExerciseOfStockOptions`	$-4.00M	USD	Annual
Vesting of restricted stock units and exercise of stock options	`VestingOfRestrictedStockUnitsAndExerciseOfStockOptions`	$-3.00M	USD	Annual
Dividends declared on common stock	`DividendsCommonStockCash`	$142.00M	USD	Annual
Dividends declared on common stock	`DividendsCommonStockCash`	$118.00M	USD	Annual
Dividends declared on common stock	`DividendsCommonStockCash`	$191.00M	USD	Annual
Contribution from noncontrolling interests	`NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance`	$62.00M	USD	Annual
Contribution from noncontrolling interests	`NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance`	$30.00M	USD	Annual
Noncontrolling interests from a business combination (see Note 3)	`NoncontrollingInterestIncreaseFromBusinessCombination`	$24.00M	USD	Annual
Distribution to a noncontrolling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$6.00M	USD	Annual
Change in reporting entity resulting from common control transactions	`ChangeInReportingEntityResultingFromCommonControlTransactions`	$-6.00M	USD	Annual
Change in pension and other postretirement benefit obligations, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-26.00M	USD	Annual
Change in pension and other postretirement benefit obligations, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$107.00M	USD	Annual
Change in pension and other postretirement benefit obligations, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-114.00M	USD	Annual
Net income (loss)	`ProfitLoss`	$830.00M	USD	Annual
Net income (loss)	`ProfitLoss`	$943.00M	USD	Annual
Net income (loss)	`ProfitLoss`	$270.00M	USD	Annual
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.77B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.31B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.54B	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`	13.68M	shares	Point-in-time
Balance, Shares	`TreasuryStockCommonShares`	10.47M	shares	Point-in-time

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