XML 16 R4.htm IDEA: XBRL DOCUMENT v3.23.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Revenues:    
Net revenues $ 2,120 $ 943
Operating expenses:    
Provision for (recovery of) credit losses (6) 4
General and administrative 251 218
Corporate 57 59
Pre-opening 2 4
Development 42 60
Depreciation and amortization 274 264
Amortization of leasehold interests in land 14 14
Loss on disposal or impairment of assets 14 6
Total operating expenses 1,742 1,245
Operating income (loss) 378 (302)
Other income (expense):    
Interest income 70 4
Interest expense, net of amounts capitalized (218) (156)
Other expense (35) (22)
Income (loss) from continuing operations before income taxes 195 (476)
Income tax expense (50) (2)
Net income (loss) from continuing operations 145 (478)
Income from operations of discontinued operations, net of tax 0 46
Gain on disposal of discontinued operations, net of tax 0 2,861
Net income (loss) from discontinued operations, net of tax 0 2,907
Net income 145 2,429
Net loss attributable to noncontrolling interests from continuing operations 2 101
Net income attributable to Las Vegas Sands Corp. $ 147 $ 2,530
Earnings (loss) per share - basic:    
Income (loss) from continuing operations, per basic share $ 0.19 $ (0.49)
Income from discontinued operations, net of tax, per basic share 0 3.80
Basic (in usd per share) 0.19 3.31
Income (loss) from continuing operations, per diluted share 0.19 (0.49)
Income from discontinued operations, net of tax, per diluted share 0 3.80
Diluted (in usd per share) $ 0.19 $ 3.31
Weighted average shares outstanding:    
Basic (in shares) 764 764
Diluted (in shares) 766 764
Casino [Member]    
Revenues:    
Net revenues $ 1,541 $ 627
Operating expenses:    
Cost of revenue 874 468
Rooms [Member]    
Revenues:    
Net revenues 243 95
Operating expenses:    
Cost of revenue 56 43
Food and Beverage [Member]    
Revenues:    
Net revenues 124 53
Operating expenses:    
Cost of revenue 104 65
Mall [Member]    
Revenues:    
Net revenues 162 149
Operating expenses:    
Cost of revenue 21 18
Convention, Retail and Other [Member]    
Revenues:    
Net revenues 50 19
Operating expenses:    
Cost of revenue $ 39 $ 22