10-K Filing

GRAY MEDIA, INC CIK: 43196 FY 2023

Filing Information

Form Type	10-K
Accession Number	`0001437749-24-005295`
Period End Date	20231231
Filing Date	20240223
Fiscal Year	2023
Fiscal Period	FY
XBRL Instance	gtn20231231_10k_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 100 Income Statement 63 Cash Flow Statement 137 Stockholders Equity 30 Comprehensive Income 18

Balance Sheet 100 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance for credit losses	`AllowanceForDoubtfulOtherReceivablesCurrent`	$17.00M	USD	Point-in-time
Accounts receivable, allowance for credit losses	`AllowanceForDoubtfulOtherReceivablesCurrent`	$16.00M	USD	Point-in-time
Series A Perpetual Preferred Stock, par value (in dollars per share)	`TemporaryEquityParOrStatedValuePerShare`	-	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$61.00M	USD	Point-in-time
Series A Perpetual Preferred Stock, par value (in dollars per share)	`TemporaryEquityParOrStatedValuePerShare`	-	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$21.00M	USD	Point-in-time
Accounts receivable, less allowance for credit losses of $17 and $16, respectively	`AccountsReceivableNetCurrent`	$650.00M	USD	Point-in-time
Accounts receivable, less allowance for credit losses of $17 and $16, respectively	`AccountsReceivableNetCurrent`	$342.00M	USD	Point-in-time
Series A Perpetual Preferred Stock, shares authorized (in shares)	`TemporaryEquitySharesAuthorized`	1.50M	shares	Point-in-time
Series A Perpetual Preferred Stock, shares authorized (in shares)	`TemporaryEquitySharesAuthorized`	1.50M	shares	Point-in-time
Series A Perpetual Preferred Stock, shares issued (in shares)	`TemporaryEquitySharesIssued`	650,000.00	shares	Point-in-time
Current portion of program broadcast rights, net	`LicenseAgreementsNetCurrent`	$18.00M	USD	Point-in-time
Series A Perpetual Preferred Stock, shares issued (in shares)	`TemporaryEquitySharesIssued`	650,000.00	shares	Point-in-time
Current portion of program broadcast rights, net	`LicenseAgreementsNetCurrent`	$27.00M	USD	Point-in-time
Income tax refunds receivable	`IncomeTaxesReceivable`	$21.00M	USD	Point-in-time
Series A Perpetual Preferred Stock, shares outstanding (in shares)	`TemporaryEquitySharesOutstanding`	650,000.00	shares	Point-in-time
Series A Perpetual Preferred Stock, shares outstanding (in shares)	`TemporaryEquitySharesOutstanding`	650,000.00	shares	Point-in-time
Income tax refunds receivable	`IncomeTaxesReceivable`	$22.00M	USD	Point-in-time
Series A Perpetual Preferred Stock, liquidation value	`TemporaryEquityLiquidationPreference`	$650.00M	USD	Point-in-time
Series A Perpetual Preferred Stock, liquidation value	`TemporaryEquityLiquidationPreference`	$650.00M	USD	Point-in-time
Prepaid income taxes	`PrepaidTaxes`	$18.00M	USD	Point-in-time
Prepaid income taxes	`PrepaidTaxes`	$43.00M	USD	Point-in-time
Prepaid and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$54.00M	USD	Point-in-time
Prepaid and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$48.00M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$468.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$857.00M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$1.60B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$1.47B	USD	Point-in-time
Operating lease right of use asset	`OperatingLeaseRightOfUseAsset`	$75.00M	USD	Point-in-time
Operating lease right of use asset	`OperatingLeaseRightOfUseAsset`	$75.00M	USD	Point-in-time
Broadcast licenses	`IndefiniteLivedLicenseAgreements`	$5.32B	USD	Point-in-time
Broadcast licenses	`IndefiniteLivedLicenseAgreements`	$5.33B	USD	Point-in-time
Goodwill	`Goodwill`	$2.66B	USD	Point-in-time
Goodwill	`Goodwill`	$2.65B	USD	Point-in-time
Goodwill	`Goodwill`	$2.64B	USD	Point-in-time
Other intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$415.00M	USD	Point-in-time
Other intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$636.00M	USD	Point-in-time
Other intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$825.00M	USD	Point-in-time
Investments in broadcasting and technology companies	`EquitySecuritiesWithoutReadilyDeterminableFairValueAmount`	$105.00M	USD	Point-in-time
Investments in broadcasting and technology companies	`EquitySecuritiesWithoutReadilyDeterminableFairValueAmount`	$85.00M	USD	Point-in-time
Deferred pension assets	`DeferredCompensationPlanAssets`	$5.00M	USD	Point-in-time
Deferred pension assets	`DeferredCompensationPlanAssets`	$17.00M	USD	Point-in-time
Other	`OtherAssetsNoncurrent`	$16.00M	USD	Point-in-time
Other	`OtherAssetsNoncurrent`	$14.00M	USD	Point-in-time
Total assets	`Assets`	$10.64B	USD	Point-in-time
Total assets	`Assets`	$11.15B	USD	Point-in-time
Total assets	`Assets`	$11.11B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$55.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$23.00M	USD	Point-in-time
Employee compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$98.00M	USD	Point-in-time
Employee compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$110.00M	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$63.00M	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$60.00M	USD	Point-in-time
Accrued network programming fees	`AccruedNetworkProgrammingFees`	$37.00M	USD	Point-in-time
Accrued network programming fees	`AccruedNetworkProgrammingFees`	$39.00M	USD	Point-in-time
Other accrued expenses	`AccruedLiabilitiesCurrent`	$50.00M	USD	Point-in-time
Other accrued expenses	`AccruedLiabilitiesCurrent`	$41.00M	USD	Point-in-time
Federal and state income taxes	`AccruedIncomeTaxesCurrent`	$22.00M	USD	Point-in-time
Federal and state income taxes	`AccruedIncomeTaxesCurrent`	$15.00M	USD	Point-in-time
Current portion of program broadcast obligations	`ProgramRightsObligationsCurrent`	$29.00M	USD	Point-in-time
Current portion of program broadcast obligations	`ProgramRightsObligationsCurrent`	$20.00M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$39.00M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$24.00M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$14.00M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$14.00M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$11.00M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$10.00M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$15.00M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$15.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$395.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$409.00M	USD	Point-in-time
Long-term debt, less current portion and less deferred financing costs	`LongTermDebtNoncurrent`	$6.44B	USD	Point-in-time
Long-term debt, less current portion and less deferred financing costs	`LongTermDebtNoncurrent`	$6.14B	USD	Point-in-time
Program broadcast obligations, less current portion	`ProgramRightsObligationsNoncurrent`	$1.00M	USD	Point-in-time
Program broadcast obligations, less current portion	`ProgramRightsObligationsNoncurrent`	$1.00M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$1.45B	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$1.36B	USD	Point-in-time
Operating lease liabilities, less current portion	`OperatingLeaseLiabilityNoncurrent`	$68.00M	USD	Point-in-time
Operating lease liabilities, less current portion	`OperatingLeaseLiabilityNoncurrent`	$69.00M	USD	Point-in-time
Other	`OtherLiabilitiesNoncurrent`	$14.00M	USD	Point-in-time
Other	`OtherLiabilitiesNoncurrent`	$50.00M	USD	Point-in-time
Total liabilities	`Liabilities`	$8.39B	USD	Point-in-time
Total liabilities	`Liabilities`	$8.02B	USD	Point-in-time
Commitments and contingencies (Note 12)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 12)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Series A Perpetual Preferred Stock, no par value; cumulative; redeemable; designated 1,500,000 shares, issued and outstanding 650,000 shares at each date and $650 aggregate liquidation value, at each date	`TemporaryEquityCarryingAmountAttributableToParent`	$650.00M	USD	Point-in-time
Series A Perpetual Preferred Stock, no par value; cumulative; redeemable; designated 1,500,000 shares, issued and outstanding 650,000 shares at each date and $650 aggregate liquidation value, at each date	`TemporaryEquityCarryingAmountAttributableToParent`	$650.00M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.24B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.08B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-12.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-23.00M	USD	Point-in-time
Stockholders' equity before treasury stock	`StockholdersEquityBeforeTreasuryStock`	$2.42B	USD	Point-in-time
Stockholders' equity before treasury stock	`StockholdersEquityBeforeTreasuryStock`	$2.29B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.75B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.97B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.76B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$2.12B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$10.64B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$11.15B	USD	Point-in-time

Income Statement 63 line items

Line Item	Tag	Value	Unit	Period
Revenue (less agency commissions)	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.41B	USD	Annual
Revenue (less agency commissions)	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.28B	USD	Annual
Revenue (less agency commissions)	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.68B	USD	Annual
Depreciation	`Depreciation`	$145.00M	USD	Annual
Depreciation	`Depreciation`	$129.00M	USD	Annual
Depreciation	`Depreciation`	$104.00M	USD	Annual
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$194.00M	USD	Annual
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$207.00M	USD	Annual
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$117.00M	USD	Annual
Impairment of goodwill and other intangible assets	`GoodwillAndIntangibleAssetImpairment`	-	USD	Annual
Impairment of goodwill and other intangible assets	`GoodwillAndIntangibleAssetImpairment`	-	USD	Annual
Impairment of goodwill and other intangible assets	`GoodwillAndIntangibleAssetImpairment`	$43.00M	USD	Annual
Loss (gain) on disposal of assets, net	`GainLossOnDispositionOfAssets1`	$2.00M	USD	Annual
Loss (gain) on disposal of assets, net	`GainLossOnDispositionOfAssets1`	$-42.00M	USD	Annual
Loss (gain) on disposal of assets, net	`GainLossOnDispositionOfAssets1`	$-21.00M	USD	Annual
Operating expenses, net	`OperatingExpenses`	$2.03B	USD	Annual
Operating expenses, net	`OperatingExpenses`	$2.90B	USD	Annual
Operating expenses, net	`OperatingExpenses`	$2.69B	USD	Annual
Operating income	`OperatingIncomeLoss`	$383.00M	USD	Annual
Operating income	`OperatingIncomeLoss`	$381.00M	USD	Annual
Operating income	`OperatingIncomeLoss`	$990.00M	USD	Annual
Miscellaneous income (expense), net	`OtherNonoperatingIncomeExpense`	$-8.00M	USD	Annual
Miscellaneous income (expense), net	`OtherNonoperatingIncomeExpense`	$-4.00M	USD	Annual
Miscellaneous income (expense), net	`OtherNonoperatingIncomeExpense`	$7.00M	USD	Annual
Impairment of investments	`EquitySecuritiesWithoutReadilyDeterminableFairValueImpairmentLossAnnualAmount`	$29.00M	USD	Annual
Impairment of investments	`EquitySecuritiesWithoutReadilyDeterminableFairValueImpairmentLossAnnualAmount`	$18.00M	USD	Annual
Impairment of investments	`EquitySecuritiesWithoutReadilyDeterminableFairValueImpairmentLossAnnualAmount`	-	USD	Annual
Interest expense	`InterestExpenseDebt`	$440.00M	USD	Annual
Interest expense	`InterestExpenseDebt`	$354.00M	USD	Annual
Interest expense	`InterestExpenseDebt`	$205.00M	USD	Annual
Loss on early extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-3.00M	USD	Annual
Loss on early extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	Annual
Loss on early extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	Annual
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$168.00M	USD	Annual
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-82.00M	USD	Annual
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$614.00M	USD	Annual
Income tax (benefit) expense	`IncomeTaxExpenseBenefit`	$-6.00M	USD	Annual
Income tax (benefit) expense	`IncomeTaxExpenseBenefit`	$159.00M	USD	Annual
Income tax (benefit) expense	`IncomeTaxExpenseBenefit`	$78.00M	USD	Annual
Net (loss) income	`NetIncomeLoss`	$90.00M	USD	Annual
Net (loss) income	`NetIncomeLoss`	$-76.00M	USD	Annual
Net (loss) income	`NetIncomeLoss`	$455.00M	USD	Annual
Preferred stock dividends	`TemporaryEquityDividendsAdjustment`	$52.00M	USD	Annual
Preferred stock dividends	`TemporaryEquityDividendsAdjustment`	$52.00M	USD	Annual
Preferred stock dividends	`TemporaryEquityDividendsAdjustment`	$52.00M	USD	Annual
Net (loss) income attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$403.00M	USD	Annual
Net (loss) income attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$38.00M	USD	Annual
Net (loss) income attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-128.00M	USD	Annual
Net (loss) income attributable to common stockholders (in dollars per share)	`EarningsPerShareBasic`	$0.40	USD	Annual
Net (loss) income attributable to common stockholders (in dollars per share)	`EarningsPerShareBasic`	$-1.39	USD	Annual
Net (loss) income attributable to common stockholders (in dollars per share)	`EarningsPerShareBasic`	$4.38	USD	Annual
Weighted average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	92.00M	shares	Annual
Weighted average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	92.00M	shares	Annual
Weighted average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	95.00M	shares	Annual
Net (loss) income attributable to common stockholders (in dollars per share)	`EarningsPerShareDiluted`	$-1.39	USD	Annual
Net (loss) income attributable to common stockholders (in dollars per share)	`EarningsPerShareDiluted`	$4.33	USD	Annual
Net (loss) income attributable to common stockholders (in dollars per share)	`EarningsPerShareDiluted`	$0.40	USD	Annual
Weighted average shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	95.00M	shares	Annual
Weighted average shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	92.00M	shares	Annual
Weighted average shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	93.00M	shares	Annual
Dividends declared per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.32	USD	Annual
Dividends declared per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.32	USD	Annual
Dividends declared per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.32	USD	Annual

Cash Flow Statement 137 line items

Line Item	Tag	Value	Unit	Period
Net (loss) income	`NetIncomeLoss`	$90.00M	USD	Annual
Net (loss) income	`NetIncomeLoss`	$-76.00M	USD	Annual
Net (loss) income	`NetIncomeLoss`	$455.00M	USD	Annual
Depreciation	`Depreciation`	$145.00M	USD	Annual
Depreciation	`Depreciation`	$129.00M	USD	Annual
Depreciation	`Depreciation`	$104.00M	USD	Annual
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$194.00M	USD	Annual
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$207.00M	USD	Annual
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$117.00M	USD	Annual
Amortization of deferred loan costs	`AmortizationOfFinancingCosts`	$13.00M	USD	Annual
Amortization of deferred loan costs	`AmortizationOfFinancingCosts`	$12.00M	USD	Annual
Amortization of deferred loan costs	`AmortizationOfFinancingCosts`	$16.00M	USD	Annual
Accretion of original issue discount and premium related to long-term debt, net	`AmortizationOfDebtDiscountPremium`	$-1.00M	USD	Annual
Accretion of original issue discount and premium related to long-term debt, net	`AmortizationOfDebtDiscountPremium`	$-1.00M	USD	Annual
Accretion of original issue discount and premium related to long-term debt, net	`AmortizationOfDebtDiscountPremium`	$-1.00M	USD	Annual
Amortization of restricted stock awards	`ShareBasedCompensation`	$22.00M	USD	Annual
Amortization of restricted stock awards	`ShareBasedCompensation`	$20.00M	USD	Annual
Amortization of restricted stock awards	`ShareBasedCompensation`	$14.00M	USD	Annual
Amortization of program broadcast rights	`AmortizationOfProgramBroadcastRights`	$37.00M	USD	Annual
Amortization of program broadcast rights	`AmortizationOfProgramBroadcastRights`	$38.00M	USD	Annual
Amortization of program broadcast rights	`AmortizationOfProgramBroadcastRights`	$48.00M	USD	Annual
Payments on program broadcast obligations	`PaymentsOnProgramBroadcastObligations`	$49.00M	USD	Annual
Payments on program broadcast obligations	`PaymentsOnProgramBroadcastObligations`	$38.00M	USD	Annual
Payments on program broadcast obligations	`PaymentsOnProgramBroadcastObligations`	$38.00M	USD	Annual
Common stock contributed to 401(k) plan	`CommonStockContributedToDefinedContributionPlan`	$10.00M	USD	Annual
Common stock contributed to 401(k) plan	`CommonStockContributedToDefinedContributionPlan`	$9.00M	USD	Annual
Common stock contributed to 401(k) plan	`CommonStockContributedToDefinedContributionPlan`	$8.00M	USD	Annual
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-91.00M	USD	Annual
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-22.00M	USD	Annual
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-20.00M	USD	Annual
Loss (gain) on disposal of assets, net	`GainLossOnSaleOfPropertyPlantEquipment`	$-21.00M	USD	Annual
Loss (gain) on disposal of assets, net	`GainLossOnSaleOfPropertyPlantEquipment`	$-42.00M	USD	Annual
Loss (gain) on disposal of assets, net	`GainLossOnSaleOfPropertyPlantEquipment`	$2.00M	USD	Annual
Loss on early extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-3.00M	USD	Annual
Loss on early extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	Annual
Loss on early extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	Annual
Impairment of investments	`EquitySecuritiesWithoutReadilyDeterminableFairValueImpairmentLossAnnualAmount`	$29.00M	USD	Annual
Impairment of investments	`EquitySecuritiesWithoutReadilyDeterminableFairValueImpairmentLossAnnualAmount`	$18.00M	USD	Annual
Impairment of investments	`EquitySecuritiesWithoutReadilyDeterminableFairValueImpairmentLossAnnualAmount`	-	USD	Annual
Goodwill and Intangible Asset Impairment	`GoodwillAndIntangibleAssetImpairment`	-	USD	Annual
Goodwill and Intangible Asset Impairment	`GoodwillAndIntangibleAssetImpairment`	-	USD	Annual
Goodwill and Intangible Asset Impairment	`GoodwillAndIntangibleAssetImpairment`	$43.00M	USD	Annual
Other	`OtherNoncashIncomeExpense`	$-14.00M	USD	Annual
Other	`OtherNoncashIncomeExpense`	-	USD	Annual
Other	`OtherNoncashIncomeExpense`	$14.00M	USD	Annual
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$26.00M	USD	Annual
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$-308.00M	USD	Annual
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$30.00M	USD	Annual
Income tax receivable or prepaid	`IncreaseDecreaseInPrepaidTaxes`	$40.00M	USD	Annual
Income tax receivable or prepaid	`IncreaseDecreaseInPrepaidTaxes`	$4.00M	USD	Annual
Income tax receivable or prepaid	`IncreaseDecreaseInPrepaidTaxes`	$-26.00M	USD	Annual
Other current assets	`IncreaseDecreaseInOtherOperatingAssets`	-	USD	Annual
Other current assets	`IncreaseDecreaseInOtherOperatingAssets`	$-10.00M	USD	Annual
Other current assets	`IncreaseDecreaseInOtherOperatingAssets`	$-7.00M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$22.00M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-32.00M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-5.00M	USD	Annual
Employee compensation, benefits and pension costs	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$12.00M	USD	Annual
Employee compensation, benefits and pension costs	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$21.00M	USD	Annual
Employee compensation, benefits and pension costs	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$3.00M	USD	Annual
Accrued network fees and other expenses	`IncreaseDecreaseInAccruedLiabilities`	$-13.00M	USD	Annual
Accrued network fees and other expenses	`IncreaseDecreaseInAccruedLiabilities`	$-27.00M	USD	Annual
Accrued network fees and other expenses	`IncreaseDecreaseInAccruedLiabilities`	$6.00M	USD	Annual
Accrued interest	`IncreaseDecreaseInInterestPayableNet`	$14.00M	USD	Annual
Accrued interest	`IncreaseDecreaseInInterestPayableNet`	$8.00M	USD	Annual
Accrued interest	`IncreaseDecreaseInInterestPayableNet`	$3.00M	USD	Annual
Income taxes payable	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$7.00M	USD	Annual
Income taxes payable	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$-8.00M	USD	Annual
Income taxes payable	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$5.00M	USD	Annual
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$7.00M	USD	Annual
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$10.00M	USD	Annual
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-12.00M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$829.00M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$648.00M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$300.00M	USD	Annual
Acquisitions of businesses and broadcast licenses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$3.77B	USD	Annual
Acquisitions of businesses and broadcast licenses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$58.00M	USD	Annual
Acquisitions of businesses and broadcast licenses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$6.00M	USD	Annual
Proceeds from sale of television stations	`ProceedsFromDivestitureOfBusinessesAndInterestsInAffiliates`	$473.00M	USD	Annual
Proceeds from sale of television stations	`ProceedsFromDivestitureOfBusinessesAndInterestsInAffiliates`	$6.00M	USD	Annual
Proceeds from sale of television stations	`ProceedsFromDivestitureOfBusinessesAndInterestsInAffiliates`	-	USD	Annual
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$207.00M	USD	Annual
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$348.00M	USD	Annual
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$436.00M	USD	Annual
Proceeds from Repack reimbursement (Note 1)	`ProceedsFromFCCRepack`	$11.00M	USD	Annual
Proceeds from Repack reimbursement (Note 1)	`ProceedsFromFCCRepack`	-	USD	Annual
Proceeds from Repack reimbursement (Note 1)	`ProceedsFromFCCRepack`	$7.00M	USD	Annual
Proceeds from asset sales	`ProceedsFromSaleOfMachineryAndEquipment`	$4.00M	USD	Annual
Proceeds from asset sales	`ProceedsFromSaleOfMachineryAndEquipment`	$54.00M	USD	Annual
Proceeds from asset sales	`ProceedsFromSaleOfMachineryAndEquipment`	$5.00M	USD	Annual
Reimbursement of development costs	`ReimbursementFromDevelopmentCostsOwnershipTransferred`	-	USD	Annual
Reimbursement of development costs	`ReimbursementFromDevelopmentCostsOwnershipTransferred`	$18.00M	USD	Annual
Reimbursement of development costs	`ReimbursementFromDevelopmentCostsOwnershipTransferred`	-	USD	Annual
Investments in broadcast, production and technology companies	`PaymentsToAcquireInvestments`	$49.00M	USD	Annual
Investments in broadcast, production and technology companies	`PaymentsToAcquireInvestments`	$16.00M	USD	Annual
Investments in broadcast, production and technology companies	`PaymentsToAcquireInvestments`	$14.00M	USD	Annual
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$4.00M	USD	Annual
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$1.00M	USD	Annual
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$2.00M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-503.00M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-3.53B	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-291.00M	USD	Annual
Proceeds from borrowings on long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	Annual
Proceeds from borrowings on long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$3.05B	USD	Annual
Proceeds from borrowings on long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$300.00M	USD	Annual
Repayments of borrowings on long-term debt	`RepaymentsOfLongTermDebt`	$610.00M	USD	Annual
Repayments of borrowings on long-term debt	`RepaymentsOfLongTermDebt`	$315.00M	USD	Annual
Repayments of borrowings on long-term debt	`RepaymentsOfLongTermDebt`	$250.00M	USD	Annual
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$30.00M	USD	Annual
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	Annual
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$50.00M	USD	Annual
Payments of common stock dividends	`PaymentsOfDividendsCommonStock`	$30.00M	USD	Annual
Payments of common stock dividends	`PaymentsOfDividendsCommonStock`	$30.00M	USD	Annual
Payments of common stock dividends	`PaymentsOfDividendsCommonStock`	$31.00M	USD	Annual
Payments of preferred stock dividends	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	$52.00M	USD	Annual
Payments of preferred stock dividends	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	$52.00M	USD	Annual
Payments of preferred stock dividends	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	$52.00M	USD	Annual
Deferred and other loan costs	`IncreaseDecreaseInDeferredAndOtherLoanCosts`	-	USD	Annual
Deferred and other loan costs	`IncreaseDecreaseInDeferredAndOtherLoanCosts`	$30.00M	USD	Annual
Deferred and other loan costs	`IncreaseDecreaseInDeferredAndOtherLoanCosts`	-	USD	Annual
Payments for taxes related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$5.00M	USD	Annual
Payments for taxes related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$7.00M	USD	Annual
Payments for taxes related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$7.00M	USD	Annual
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-454.00M	USD	Annual
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-397.00M	USD	Annual
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$2.65B	USD	Annual
Net decrease in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-40.00M	USD	Annual
Net decrease in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-584.00M	USD	Annual
Net decrease in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-128.00M	USD	Annual
Cash at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$21.00M	USD	Point-in-time
Cash at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$189.00M	USD	Point-in-time
Cash at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$773.00M	USD	Point-in-time
Cash at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$61.00M	USD	Point-in-time
Cash at end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$21.00M	USD	Point-in-time
Cash at end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$189.00M	USD	Point-in-time
Cash at end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$773.00M	USD	Point-in-time
Cash at end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$61.00M	USD	Point-in-time

Stockholders Equity 30 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$1.75B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.97B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.76B	USD	Point-in-time
Balance	`StockholdersEquity`	$2.12B	USD	Point-in-time
Net (loss) income	`NetIncomeLoss`	$90.00M	USD	Annual
Net (loss) income	`NetIncomeLoss`	$-76.00M	USD	Annual
Net (loss) income	`NetIncomeLoss`	$455.00M	USD	Annual
Preferred stock dividends	`DividendsPreferredStock`	$52.00M	USD	Annual
Preferred stock dividends	`DividendsPreferredStock`	$52.00M	USD	Annual
Preferred stock dividends	`DividendsPreferredStock`	$52.00M	USD	Annual
Common stock dividends	`DividendsCommonStock`	$31.00M	USD	Annual
Common stock dividends	`DividendsCommonStock`	$30.00M	USD	Annual
Common stock dividends	`DividendsCommonStock`	$30.00M	USD	Annual
Adjustment to pension liability, net of income tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$15.00M	USD	Annual
Adjustment to pension liability, net of income tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$12.00M	USD	Annual
Adjustment to pension liability, net of income tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$6.00M	USD	Annual
401(k) Plan	`StockIssuedDuringPeriodValueEmployeeBenefitPlan`	$7.00M	USD	Annual
401(k) Plan	`StockIssuedDuringPeriodValueEmployeeBenefitPlan`	$9.00M	USD	Annual
401(k) Plan	`StockIssuedDuringPeriodValueEmployeeBenefitPlan`	$8.00M	USD	Annual
Repurchase of common stock	`TreasuryStockValueAcquiredCostMethod`	-	USD	Annual
Repurchase of common stock	`TreasuryStockValueAcquiredCostMethod`	$30.00M	USD	Annual
Repurchase of common stock	`TreasuryStockValueAcquiredCostMethod`	$50.00M	USD	Annual
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$14.00M	USD	Annual
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$22.00M	USD	Annual
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$20.00M	USD	Annual
Adjustment to fair value of interest rate cap, net of income tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$-17.00M	USD	Annual
Balance	`StockholdersEquity`	$1.75B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.97B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.76B	USD	Point-in-time
Balance	`StockholdersEquity`	$2.12B	USD	Point-in-time

Comprehensive Income 18 line items

Line Item	Tag	Value	Unit	Period
Net (loss) income	`NetIncomeLoss`	$90.00M	USD	Annual
Net (loss) income	`NetIncomeLoss`	$-76.00M	USD	Annual
Net (loss) income	`NetIncomeLoss`	$455.00M	USD	Annual
Adjustment to pension liability	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax`	$-16.00M	USD	Annual
Adjustment to pension liability	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax`	$-20.00M	USD	Annual
Adjustment to pension liability	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax`	$-7.00M	USD	Annual
Adjustment to fair value of interest rate caps	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax`	-	USD	Annual
Adjustment to fair value of interest rate caps	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax`	$23.00M	USD	Annual
Adjustment to fair value of interest rate caps	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax`	-	USD	Annual
Income tax (benefit) expense of adjustments	`OtherComprehensiveIncomeLossTaxPortionAttributableToParent1`	$4.00M	USD	Annual
Income tax (benefit) expense of adjustments	`OtherComprehensiveIncomeLossTaxPortionAttributableToParent1`	$5.00M	USD	Annual
Income tax (benefit) expense of adjustments	`OtherComprehensiveIncomeLossTaxPortionAttributableToParent1`	$-5.00M	USD	Annual
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-11.00M	USD	Annual
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$12.00M	USD	Annual
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$15.00M	USD	Annual
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTax`	$-87.00M	USD	Annual
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTax`	$470.00M	USD	Annual
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTax`	$102.00M	USD	Annual

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