Employee Benefit Plans |
12 Months Ended |
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Dec. 31, 2019 | |
Employee Benefit Plans |
(15) Employee Benefit Plans ҹѰ is the sponsor of the ҹѰ Media 401(k) Savings Plan (the “ҹѰ 401(k) Plan”), which provides its employees and the employees of certain of its subsidiaries an opportunity for ownership in the Company and creates a retirement fund. The ҹѰ 401(k) Plan provides for employees to make contributions to a trust for investment in ҹѰ common stock, as well as several mutual funds. The Company and its subsidiaries make matching contributions to the ҹѰ 401(k) Plan based on a percentage of the amount contributed by employees. In addition, certain of the Company’s subsidiaries have similar employee benefit plans. Employer cash contributions to all plans aggregated $19 million, $20 million and $17 million for each of the years ended December 31, 2019, 2018 and 2017, respectively. |
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- Definition The entire disclosure for pension and other postretirement benefits. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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