1
Exhibit 99.3
CBS CORPORATION
SEGMENT INFORMATION
($ in million) (unaudited)
Three Months Ended
March 31
1998 1997 % Change
---- ---- --------
TV
Sales 263 177 48.6%
Operating Profit (Loss) 118 56 110.7%
Depreciation & Amortization 12 11 9.1%
Capital Expenditures 2 2 --
EBITDA 130 67 94.0%
NETWORK
Sales 1,245 804 54.9%
Operating Profit (Loss) 30 (64) 146.9%
Depreciation & Amortization 17 16 6.3%
Capital Expenditures 5 9 -44.4%
EBITDA 52 (46) 213.0%
RADIO
Sales 330 313 5.4%
Operating Profit (Loss) 69 47 46.8%
Depreciation & Amortization 44 44 --
Capital Expenditures 4 3 33.3%
EBITDA 113 91 24.2%
CABLE
Sales 125 49 155.1%
Operating Profit (Loss) 4 - N/A
Depreciation & Amortization 26 3 766.7%
Capital Expenditures 6 6 -
EBITDA 29 28 3.6%
CORPORATE & OTHER
Sales (14) (17) 17.6%
Operating Profit (Loss) (47) (58) 19.0%
OP (Loss) without Special Items (47) (58) 19.0%
Depreciation & Amortization 31 31 -
Capital Expenditures 1 1 -
EBITDA (15) (13) -15.4%
RESIDUAL COSTS OF DISCONTINUED
BUSINESSES
Sales - - N/A
Operating Profit (Loss) (38) (35) -8.6%
OP (Loss) without Special Items (38) (35) -8.6%
Depreciation & Amortization - - N/A
Capital Expenditures - - N/A
EBITDA (38) (35) -8.6%
TOTAL CONTINUING OPERATIONS
Sales 1,949 1,326 47.0%
Operating Profit (Loss) 136 (54) 351.9%
OP (Loss) without Special Items 136 (54) 351.9%
Depreciation & Amortization 130 105 23.8%
Capital Expenditures 18 21 -14.3%
EBITDA 271 92 194.6%