During the fourth quarter of 2012, CBS Corporation (the "Company") initiated a plan to divest its outdoor advertising business in Europe, which includes an interest in an outdoor business in Asia ("Outdoor Europe"). Outdoor Europe will be classified as held-for-sale and presented as a discontinued operation beginning with the filing of the Company's Annual Report on Form 10-K for the year ended December 31, 2012.

In addition, "Residual Costs", which previously had been presented as a separate line item in the Company's segment presentation of its financial results, will be included within the "Corporate" line item.

The Company is providing in this Current Report supplemental unaudited historical financial information of the Company, which presents Outdoor Europe as a discontinued operation and Residual Costs within Corporate for the first three quarters of 2012 and for each of the four quarters and the full year of 2011. This information is being furnished to provide prior period performance on a comparable basis in advance of the Form 10-K filing.

The information furnished pursuant to this Item 2.02, including Exhibit 99, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities under that
Section and shall not be deemed to be incorporated by reference into any filings under the Securities Act of 1933 or the Securities Exchange Act of 1934.

A copy of the financial information is furnished herewith as Exhibit 99 and is incorporated by reference herein in its entirety.

(d) Exhibits. The following Exhibit is furnished as part of this Report on Form 8-K:

Exhibit
Number     Description of Exhibit

99         Supplemental unaudited historical financial information of the
           Company, which presents Outdoor Europe as a discontinued operation and
           Residual Costs within Corporate for the first three quarters of 2012
           and for each of the four quarters and the full year of 2011.