| Segment Reporting [Abstract] | Period [Axis] |
|---|
2016-01-01 - 2016-12-31 |
|---|
Segment Reporting [Abstract] | |
Reconciliation of Revenue from Segments to Consolidated | The following tables set forth our financial performance by segment. Historical financial information by reportable segment has been recast to reflect the changes in segment reporting with no impact to previously reported consolidated financial statements. Prior to April 1, 2016, our International segment included our advertising businesses in Canada and Latin America (see Note 12. Acquisitions and Dispositions: Dispositions to the Consolidated Financial Statements). Historical operating results for our advertising business in Latin America are included in Other. | | | | | | | | | | | | | | | | Year Ended December 31, | (in millions) | | 2016 | | 2015 | | 2014 | Revenues: | | | | | | | U.S. Media | | $ | 1,393.8 |
| | $ | 1,344.3 |
| | $ | 1,162.5 |
| Other | | 120.1 |
| | 169.5 |
| | 191.3 |
| Total revenues | | $ | 1,513.9 |
| | $ | 1,513.8 |
| | $ | 1,353.8 |
|
|
Adjusted OIBDA by segment and Reconciliation to Consolidated Net Income | | | | | | | | | | | | | | | | | Year Ended December 31, | (in millions) | | 2016 | | 2015 | | 2014 | Net income (loss) | | $ | 90.9 |
| | $ | (29.4 | ) | | $ | 306.9 |
| (Benefit) provision for income taxes | | 5.4 |
| | 5.4 |
| | (206.0 | ) | Equity in earnings of investee companies, net of tax | | (5.3 | ) | | (4.8 | ) | | (2.9 | ) | Interest expense (income), net | | 113.8 |
| | 114.8 |
| | 84.8 |
| Other expense, net | | 0.1 |
| | 0.4 |
| | 0.3 |
| Operating income | | 204.9 |
| | 86.4 |
| | 183.1 |
| Restructuring charges(a) | | 2.5 |
| | 2.6 |
| | 9.8 |
| Acquisition costs | | — |
| | — |
| | 10.4 |
| Loss on real estate assets held for sale | | 1.3 |
| | 103.6 |
| | — |
| Net (gain) loss on dispositions | | (1.9 | ) | | 0.7 |
| | (2.5 | ) | Depreciation and amortization | | 224.2 |
| | 229.1 |
| | 202.2 |
| Stock-based compensation(a) | | 18.0 |
| | 15.2 |
| | 10.4 |
| Total Adjusted OIBDA | | $ | 449.0 |
| | $ | 437.6 |
| | $ | 413.4 |
| | | | | | | | Adjusted OIBDA: | | | | | | | U.S. Media | | $ | 473.8 |
| | $ | 451.1 |
| | $ | 409.2 |
| Other | | 17.8 |
| | 24.3 |
| | 31.3 |
| Corporate | | (42.6 | ) | | (37.8 | ) | | (27.1 | ) | Total Adjusted OIBDA | | $ | 449.0 |
| | $ | 437.6 |
| | $ | 413.4 |
|
| | (a) | In 2014, restructuring charges (including stock-based compensation of $5.6 million), costs related to the Acquisition and stock-based compensation are classified as Corporate expense. |
|
Tabular Disclosure by Reportable Segments | | | | | | | | | | | | | | | | | Year Ended December 31, | (in millions) | | 2016 | | 2015 | | 2014 | Operating income (loss): | | | | | | | U.S. Media | | $ | 269.5 |
| | $ | 245.3 |
| | $ | 240.2 |
| Other | | (4.0 | ) | | (105.9 | ) | | 0.6 |
| Corporate | | (60.6 | ) | | (53.0 | ) | | (57.7 | ) | Total operating income | | $ | 204.9 |
| | $ | 86.4 |
| | $ | 183.1 |
| | | | | | | | Net (gain) loss on dispositions: | | | | | | | U.S. Media | | $ | (1.7 | ) | | $ | 0.6 |
| | $ | (2.5 | ) | Other | | (0.2 | ) | | 0.1 |
| | — |
| Total (gain) loss on dispositions | | $ | (1.9 | ) | | $ | 0.7 |
| | $ | (2.5 | ) | | | | | | | | Depreciation and amortization: | | | | | | | U.S. Media | | $ | 203.5 |
| | $ | 202.6 |
| | $ | 171.5 |
| Other | | 20.7 |
| | 26.5 |
| | 30.7 |
| Total depreciation and amortization | | $ | 224.2 |
| | $ | 229.1 |
| | $ | 202.2 |
| | | | | | | | Capital expenditures: | | | | | | | U.S. Media | | $ | 54.8 |
| | $ | 53.3 |
| | $ | 56.8 |
| Other | | 4.6 |
| | 5.9 |
| | 7.4 |
| Total capital expenditures | | $ | 59.4 |
| | $ | 59.2 |
| | $ | 64.2 |
|
|
Reconciliation of Assets from Segment to Consolidated | | | | | | | | | | | | | | | | | As of December 31, | (in millions) | | 2016 | | 2015 | | 2014 | Assets: | | | | | | | U.S. Media | | $ | 3,578.8 |
| | $ | 3,593.0 |
| | $ | 3,690.8 |
| Other(a) | | 145.5 |
| | 134.3 |
| | 283.8 |
| Corporate | | 14.2 |
| | 88.2 |
| | 16.8 |
| Total assets | | $ | 3,738.5 |
| | $ | 3,815.5 |
| | $ | 3,991.4 |
|
| | (a) | In 2015, includes amounts reclassified as Assets held for sale on the Consolidated Statement of Financial Position. (See Note 12. Acquisitions and Dispositions: Dispositions to the Consolidated Financial Statements.) |
|
Schedule of Revenue from External Customers by Geographic Area | | | | | | | | | | | | | | | | | Year Ended December 31, | (in millions) | | 2016 | | 2015 | | 2014 | Revenues(a): | | | | | | | United States | | $ | 1,435.2 |
| | $ | 1,380.3 |
| | $ | 1,198.8 |
| Canada | | 67.3 |
| | 71.7 |
| | 82.5 |
| Latin America | | 11.4 |
| | 61.8 |
| | 72.5 |
| Total revenues | | $ | 1,513.9 |
| | $ | 1,513.8 |
| | $ | 1,353.8 |
|
| | (a) | Revenues classifications are based on the geography of the advertising. |
|
Long-lived Assets by Geographic Areas | | | | | | | | | | | | | | | | | As of December 31, | (in millions) | | 2016 | | 2015 | | 2014 | Long-lived assets(a): | | | | | | | United States | | $ | 3,255.0 |
| | $ | 3,291.1 |
| | 3,395.6 |
| Canada | | 73.9 |
| | 82.2 |
| | 112.0 |
| Latin America(b) | | — |
| | — |
| | 94.5 |
| Total long-lived assets | | $ | 3,328.9 |
| | $ | 3,373.3 |
| | $ | 3,602.1 |
|
| | (a) | Reflects total assets less current assets, investments and non-current deferred tax assets. |
| | (b) | In 2015, in connection with the Disposition, we reclassified long-lived assets to Assets held for sale on the Consolidated Statement of Financial Position. (See Note 12. Acquisitions and Dispositions: Dispositions to the Consolidated Financial Statements.) |
|