| Defined Contribution Pension and Other Postretirement Plans Disclosure [Abstract] | Period [Axis] |
|---|
2016-01-01 - 2016-12-31 |
|---|
Defined Contribution Pension and Other Postretirement Plans Disclosure [Abstract] | |
Change in Benefit Obligations | The following table sets forth the change in benefit obligation for the Company’s pension and postretirement benefit plans. | | | | | | | | | | | | | | | | | | Pension Benefits | | Postretirement Benefits | | 2016 | | 2015 | | 2016 | | 2015 | Change in benefit obligation: | | | | | | | | Benefit obligation, beginning of year | $ | 4,911 |
| | $ | 5,323 |
| | $ | 486 |
| | $ | 562 |
| Service cost | 29 |
| | 31 |
| | — |
| | — |
| Interest cost | 215 |
| | 209 |
| | 20 |
| | 20 |
| Actuarial loss (gain) | 353 |
| | (210 | ) | | (5 | ) | | (45 | ) | Benefits paid | (328 | ) | | (416 | ) | | (69 | ) | | (66 | ) | Participants’ contributions | — |
| | — |
| | 11 |
| | 11 |
| Retiree Medicare drug subsidy | — |
| | — |
| | 4 |
| | 4 |
| Settlements | (518 | ) | | — |
| | — |
| | — |
| Cumulative translation adjustments | (2 | ) | | (26 | ) | | — |
| | — |
| Benefit obligation, end of year | $ | 4,660 |
| | $ | 4,911 |
| | $ | 447 |
| | $ | 486 |
|
|
Change in Plan Assets | The following table sets forth the change in plan assets for the Company’s pension and postretirement benefit plans. | | | | | | | | | | | | | | | | | | Pension Benefits | | Postretirement Benefits | | 2016 | | 2015 | | 2016 | | 2015 | Change in plan assets: | | | | | | | | Fair value of plan assets, beginning of year | $ | 3,734 |
| | $ | 4,224 |
| | $ | 4 |
| | $ | 5 |
| Actual return (loss) on plan assets | 305 |
| | (99 | ) | | — |
| | — |
| Employer contributions | 52 |
| | 52 |
| | 54 |
| | 50 |
| Benefits paid | (328 | ) | | (416 | ) | | (69 | ) | | (66 | ) | Participants’ contributions | — |
| | — |
| | 11 |
| | 11 |
| Retiree Medicare drug subsidy | — |
| | — |
| | 4 |
| | 4 |
| Settlements | (518 | ) | | — |
| | — |
| | — |
| Cumulative translation adjustments | (1 | ) | | (27 | ) | | — |
| | — |
| Fair value of plan assets, end of year | $ | 3,244 |
| | $ | 3,734 |
| | $ | 4 |
| | $ | 4 |
|
|
Funded Status and Amounts Recognized on Consolidated Balance Sheets | The funded status of pension and postretirement benefit obligations and the related amounts recognized on the Company’s Consolidated Balance Sheets were as follows: | | | | | | | | | | | | | | | | | | Pension Benefits | | Postretirement Benefits | At December 31, | 2016 | | 2015 | | 2016 | | 2015 | Funded status at end of year | $ | (1,416 | ) | | $ | (1,177 | ) | | $ | (443 | ) | | $ | (482 | ) | Amounts recognized on the Consolidated Balance Sheets: | | | | | | | | Other assets | $ | 13 |
| | $ | 17 |
| | $ | — |
| | $ | — |
| Current liabilities | (53 | ) | | (51 | ) | | (50 | ) | | (50 | ) | Noncurrent liabilities | (1,376 | ) | | (1,143 | ) | | (393 | ) | | (432 | ) | Net amounts recognized | $ | (1,416 | ) | | $ | (1,177 | ) | | $ | (443 | ) | | $ | (482 | ) |
|
Amounts Recognized in Accumulated Other Comprehensive Income (Loss) | The following amounts were recognized in accumulated other comprehensive income (loss) on the Consolidated Balance Sheets. | | | | | | | | | | | | | | | | | | Pension Benefits | | Postretirement Benefits | At December 31, | 2016 | | 2015 | | 2016 | | 2015 | Net actuarial (loss) gain | $ | (1,827 | ) | | $ | (1,848 | ) | | $ | 230 |
| | $ | 246 |
| Net prior service cost | (7 | ) | | (9 | ) | | — |
| | — |
| Share of equity investee | (1 | ) | | (1 | ) | | — |
| | — |
| | (1,835 | ) | | (1,858 | ) | | 230 |
| | 246 |
| Deferred income taxes | 725 |
| | 734 |
| | (38 | ) | | (44 | ) | Net amount recognized in accumulated other comprehensive income (loss) | $ | (1,110 | ) | | $ | (1,124 | ) | | $ | 192 |
| | $ | 202 |
|
|
Schedule of Accumulated Benefit Obligations in Excess of Plan Assets | Information for the pension plans with an accumulated benefit obligation in excess of plan assets is set forth below. | | | | | | | | | At December 31, | 2016 | | 2015 | Projected benefit obligation | $ | 4,558 |
| | $ | 4,795 |
| Accumulated benefit obligation | $ | 4,485 |
| | $ | 4,717 |
| Fair value of plan assets | $ | 3,129 |
| | $ | 3,602 |
|
|
Components of Net Periodic Benefit Cost | The following tables present the components of net periodic benefit cost and amounts recognized in other comprehensive income (loss). | | | | | | | | | | | | | | | | | | | | | | | | | | Pension Benefits | | Postretirement Benefits | Year Ended December 31, | 2016 | | 2015 | | 2014 | | 2016 | | 2015 | | 2014 | Components of net periodic cost: | | | | | | | | | | | | Service cost | $ | 29 |
| | $ | 31 |
| | $ | 31 |
| | $ | — |
| | $ | — |
| | $ | — |
| Interest cost | 215 |
| | 209 |
| | 237 |
| | 20 |
| | 20 |
| | 25 |
| Expected return on plan assets | (227 | ) | | (261 | ) | | (262 | ) | | — |
| | — |
| | — |
| Amortization of actuarial losses (gains) | 84 |
| | 79 |
| | 63 |
| | (21 | ) | | (21 | ) | | (21 | ) | Amortization of prior service cost (credit) | 1 |
| | 1 |
| | 1 |
| | — |
| | — |
| | (1 | ) | Settlements | 211 |
| | — |
| | — |
| | — |
| | — |
| | — |
| Net periodic cost | $ | 313 |
| | $ | 59 |
| | $ | 70 |
| | $ | (1 | ) | | $ | (1 | ) | | $ | 3 |
|
|
Schedule of Amounts Recognized in Other Comprehensive Income (Loss) | | | | | | | | | | | | | | | Pension | | Postretirement | Year Ended December 31, 2016 | Benefits | | Benefits | Other comprehensive income (loss): | | | | | | 45 |
| | Actuarial (loss) gain | | $ | (275 | ) | | | | $ | 5 |
| | Amortization of actuarial losses (gains) (a) | | 84 |
| | | | (21 | ) | | Amortization of prior service cost (a) | | 1 |
| | | | — |
| | Settlements (a) | | 211 |
| | | | — |
| | Cumulative translation adjustments | | 2 |
| | | | — |
| | | | 23 |
| | | | (16 | ) | | Deferred income taxes | | (9 | ) | | | | 6 |
| | Recognized in other comprehensive income (loss), net of tax | | $ | 14 |
| | | | $ | (10 | ) | |
(a) Reflects amounts reclassified from accumulated other comprehensive income (loss) to net earnings. |
Weighted Average Assumptions Used to Determine Benefit Obligations and Net Periodic Costs | | | | | | | | | | | | | | | Pension | | Postretirement | | Benefits | | Benefits | | 2016 | | 2015 | | 2016 | | 2015 | Weighted average assumptions used to determine benefit obligations at December 31: | | | | | | | | Discount rate | 4.3 | % | | 4.6 | % | | 4.1 | % | | 4.2 | % | Rate of compensation increase | 3.0 | % | | 3.0 | % | | N/A |
| | N/A |
| Weighted average assumptions used to determine net periodic costs for the year ended December 31: | | | | | | | | Discount rate | 4.6 | % | | 4.1 | % | | 4.2 | % | | 3.8 | % | Expected long-term return on plan assets | 6.4 | % | | 6.5 | % | | 2.0 | % | | 2.0 | % | Rate of compensation increase | 3.0 | % | | 3.0 | % | | N/A |
| | N/A |
|
N/A - not applicable
|
Assumptions Regarding Heath Care Cost Trend Rates for Postretirement Benefits | The following additional assumptions were used in accounting for postretirement benefits. | | | | | | | | 2016 | | 2015 | Projected health care cost trend rate | 6.6 | % | | 7.0 | % | Ultimate trend rate | 5.0 | % | | 5.0 | % | Year ultimate trend rate is achieved | 2021 |
| | 2021 |
|
|
Impact of One Percentage Point Change in Assumed Health Care Trend Rates | A one percentage point change in assumed health care cost trend rates would have the following effects: | | | | | | | | | | | | | | One Percentage | | One Percentage | | Point Increase | | Point Decrease | Effect on total service and interest cost components | | $ | — |
| | | | $ | — |
| | Effect on the accumulated postretirement benefit obligation | | $ | 5 |
| | | | $ | (5 | ) | |
|
Fair Value of Pension Pan Assets | | | | | | | | | | | | | | | | | | At December 31, 2016 | Level 1 | | Level 2 | | Level 3 | | Total | Cash and cash equivalents (a) | $ | 11 |
| | $ | 53 |
| | $ | — |
| | $ | 64 |
| Fixed income securities: | | | | | | |
|
| U.S. treasury securities | 132 |
| | — |
| | — |
| | 132 |
| Government-related securities | 18 |
| | 207 |
| | — |
| | 225 |
| Corporate bonds (b) | — |
| | 1,895 |
| | — |
| | 1,895 |
| Mortgage-backed and asset-backed securities | — |
| | 135 |
| | 2 |
| | 137 |
| Equity securities: | | | | | | |
|
| U.S. large capitalization | 187 |
| | 3 |
| | — |
| | 190 |
| U.S. small capitalization | 64 |
| | — |
| | — |
| | 64 |
| International equity | — |
| | 3 |
| | — |
| | 3 |
| Other | — |
| | (18 | ) | | — |
| | (18 | ) | Total assets in fair value hierarchy | $ | 412 |
| | $ | 2,278 |
| | $ | 2 |
| | $ | 2,692 |
| Common collective funds measured at net asset value (c) (d) | | | | | | | 521 |
| Limited partnerships measured at net asset value (c) | | | | | | | 31 |
| Investments, at fair value | | | | | | | $ | 3,244 |
|
| | | | | | | | | | | | | | | | | At December 31, 2015 | Level 1 | | Level 2 | | Level 3 | | Total | Cash and cash equivalents (a) | $ | 3 |
| | $ | 72 |
| | $ | — |
| | $ | 75 |
| Fixed income securities: | | | | | | | | U.S. treasury securities | 118 |
| | — |
| | — |
| | 118 |
| Government-related securities | 29 |
| | 260 |
| | — |
| | 289 |
| Corporate bonds (b) | — |
| | 2,196 |
| | — |
| | 2,196 |
| Mortgage-backed and asset-backed securities | — |
| | 114 |
| | 2 |
| | 116 |
| Equity securities: | | | | | | |
|
| U.S. large capitalization | 233 |
| | 3 |
| | — |
| | 236 |
| U.S. small capitalization | 70 |
| | — |
| | — |
| | 70 |
| International equity | — |
| | 4 |
| | — |
| | 4 |
| Other | — |
| | 22 |
| | — |
| | 22 |
| Total assets in fair value hierarchy | $ | 453 |
| | $ | 2,671 |
| | $ | 2 |
| | $ | 3,126 |
| Common collective funds measured at net asset value (c) (d) | | | | | | | 565 |
| Limited partnerships measured at net asset value (c) | | | | | | | 43 |
| Investments, at fair value | | | | | | | $ | 3,734 |
|
(a) Assets categorized as Level 2 reflect investments in money market funds. (b) Securities of diverse sectors and industries, substantially all investment grade. (c) In accordance with FASB guidance investments that are measured at fair value using the net asset value per share (or its equivalent) as a practical expedient have not been classified in the fair value hierarchy. (d) Underlying investments consist mainly of U.S. large capitalization and international equity securities.
|
Changes in Fair Value of Level 3 Assets | The table below sets forth a summary of changes in the fair value of investments reflected as Level 3 at December 31, 2016. | | | | | | | | | | Mortgage-backed Securities | At January 1, 2015 | | | $ | 3 |
| | Contributions and distributions, net | | | (1 | ) | | At December 31, 2015 | | | 2 |
| | Contributions and distributions, net | | | — |
| | At December 31, 2016 | | | $ | 2 |
| |
|
Estimated Future Benefit Payments | Estimated future benefit payments are as follows: | | | | | | | | | | | | | | | | | | | | | | | | | | 2017 | | 2018 | | 2019 | | 2020 | | 2021 | | 2022-2026 | Pension | $ | 419 |
| | $ | 356 |
| | $ | 347 |
| | $ | 336 |
| | $ | 328 |
| | $ | 1,491 |
| Postretirement | $ | 58 |
| | $ | 56 |
| | $ | 53 |
| | $ | 51 |
| | $ | 47 |
| | $ | 192 |
| Retiree Medicare drug subsidy | $ | (8 | ) | | $ | (8 | ) | | $ | (7 | ) | | $ | (7 | ) | | $ | (7 | ) | | $ | (32 | ) |
|
Participation in Multi-employer Defined Benefit Pension Plan | The table below presents information concerning the Company’s participation in multiemployer defined benefit pension plans. | | | | | | | | | | | | | | | | | | | | | | | Employer Identification | | Pension Protection Act | | | | | | | | Expiration Date of Collective | | | Number/Pension | | Zone Status (a) | | Company Contributions | | Bargaining | Pension Plan | | Plan Number | | 2016 | 2015 | | 2016 | | 2015 | | 2014 | | Agreement | AFTRA Retirement Plan (b) | | 13-6414972-001 | | Green | Green | | $ | 6 |
| | $ | 5 |
| | $ | 5 |
| | (c) | Directors Guild of America - Producer | | 95-2892780-001 | | Green | Green | | 6 |
| | 6 |
| | 5 |
| | 6/30/2020 | Producer-Writers Guild of America | | 95-2216351-001 | | Green | Green | | 12 |
| | 11 |
| | 10 |
| | 5/1/2017 | Screen Actors Guild - Producers | | 95-2110997-001 | | Green | Green | | 11 |
| | 9 |
| | 7 |
| | 6/30/2017 | Motion Picture Industry | | 95-1810805-001 | | Green | Green | | 11 |
| | 10 |
| | 8 |
| | (d) | Other Plans | | | | | | | 14 |
| | 9 |
| | 10 |
| | | | | Total contributions | | $ | 60 |
| | $ | 50 |
| | $ | 45 |
| | |
(a) The Zone status for each individual plan listed was certified by each plan’s actuary as of the beginning of the plan years for 2016 and 2015. The plan year is the twelve months ending December 31 for each plan listed above except AFTRA Retirement Plan which has a plan year ending November 30. (b) The Company was listed in AFTRA Retirement Plan’s Form 5500 as providing more than 5% of total contributions for the plan year ended November 30, 2014. (c) The expiration dates range from June 30, 2017 through August 31, 2018. (d) The expiration dates range from July 31, 2018 through September 30, 2018. |