XML 44 R68.htm IDEA: XBRL DOCUMENT v3.19.3
CONDENSED CONSOLIDATING FINANCIAL STATEMENTS - Statement of Operations and Comprehensive Income (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS AND COMPREHENSIVE INCOME        
Total revenues $ 1,125 $ 766 $ 2,618 $ 2,162
Media program and production expenses 560 304 1,215 894
Selling, general and administrative 422 189 827 541
Depreciation, amortization and other operating expenses 149 115 383 330
Total operating expenses 1,131 608 2,425 1,765
Operating (loss) income (6) 158 193 397
Equity in earnings of consolidated subsidiaries 0 0 0 0
Interest expense (129) (76) (237) (238)
Other income (expense) (9) (20) (26) (42)
Total other expense, net (138) (96) (263) (280)
Income tax benefit (provision) 95 3 88 21
NET (LOSS) INCOME (49) 65 18 138
Net income attributable to the redeemable noncontrolling interests (11) 0 (11) 0
Net income attributable to the noncontrolling interests 0 (1) (3) (3)
NET (LOSS) INCOME ATTRIBUTABLE TO SINCLAIR BROADCAST GROUP (60) 64 4 135
Comprehensive (loss) income (49) 65 18 138
Reportable legal entities | Sinclair Broadcast Group, Inc.        
CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS AND COMPREHENSIVE INCOME        
Total revenues 0 0 0 0
Media program and production expenses 0 0 0 0
Selling, general and administrative 122 3 143 8
Depreciation, amortization and other operating expenses 0 0 0 0
Total operating expenses 122 3 143 8
Operating (loss) income (122) (3) (143) (8)
Equity in earnings of consolidated subsidiaries 35 65 116 140
Interest expense (1) 0 (2) 0
Other income (expense) 1 1 2 1
Total other expense, net 35 66 116 141
Income tax benefit (provision) 27 1 31 2
NET (LOSS) INCOME (60) 64 4 135
Net income attributable to the redeemable noncontrolling interests 0   0  
Net income attributable to the noncontrolling interests   0 0 0
NET (LOSS) INCOME ATTRIBUTABLE TO SINCLAIR BROADCAST GROUP (60) 64 4 135
Comprehensive (loss) income (60) 64 4 135
Reportable legal entities | Sinclair Television Group, Inc.        
CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS AND COMPREHENSIVE INCOME        
Total revenues 9 0 9 0
Media program and production expenses 0 0 0 0
Selling, general and administrative 24 32 82 80
Depreciation, amortization and other operating expenses (6) 1 (3) 4
Total operating expenses 18 33 79 84
Operating (loss) income (9) (33) (70) (84)
Equity in earnings of consolidated subsidiaries 202 155 410 454
Interest expense (55) (74) (160) (233)
Other income (expense) (2) (6) 3 0
Total other expense, net 145 75 253 221
Income tax benefit (provision) 4 28 33 65
NET (LOSS) INCOME 140 70 216 202
Net income attributable to the redeemable noncontrolling interests 0   0  
Net income attributable to the noncontrolling interests   0 0 0
NET (LOSS) INCOME ATTRIBUTABLE TO SINCLAIR BROADCAST GROUP 140 70 216 202
Comprehensive (loss) income 140 70 216 202
Reportable legal entities | Guarantor Subsidiaries and KDSM, LLC        
CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS AND COMPREHENSIVE INCOME        
Total revenues 702 714 2,064 2,020
Media program and production expenses 312 289 931 849
Selling, general and administrative 162 150 481 440
Depreciation, amortization and other operating expenses 55 77 203 168
Total operating expenses 529 516 1,615 1,457
Operating (loss) income 173 198 449 563
Equity in earnings of consolidated subsidiaries 0 0 0 0
Interest expense (1) (1) (2) (3)
Other income (expense) (12) (16) (35) (43)
Total other expense, net (13) (17) (37) (46)
Income tax benefit (provision) 43 (25) 3 (58)
NET (LOSS) INCOME 203 156 415 459
Net income attributable to the redeemable noncontrolling interests 0   0  
Net income attributable to the noncontrolling interests   0 0 0
NET (LOSS) INCOME ATTRIBUTABLE TO SINCLAIR BROADCAST GROUP 203 156 415 459
Comprehensive (loss) income 203 156 415 459
Reportable legal entities | Non- Guarantor Subsidiaries        
CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS AND COMPREHENSIVE INCOME        
Total revenues 445 77 616 207
Media program and production expenses 262 36 325 101
Selling, general and administrative 124 5 133 14
Depreciation, amortization and other operating expenses 104 39 193 163
Total operating expenses 490 80 651 278
Operating (loss) income (45) (3) (35) (71)
Equity in earnings of consolidated subsidiaries 0 0 0 0
Interest expense (76) (5) (85) (14)
Other income (expense) 6 1 5 0
Total other expense, net (70) (4) (80) (14)
Income tax benefit (provision) 21 (1) 21 12
NET (LOSS) INCOME (94) (8) (94) (73)
Net income attributable to the redeemable noncontrolling interests (11)   (11)  
Net income attributable to the noncontrolling interests   (1) (3) (3)
NET (LOSS) INCOME ATTRIBUTABLE TO SINCLAIR BROADCAST GROUP (105) (9) (108) (76)
Comprehensive (loss) income (94) (8) (94) (73)
Eliminations        
CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS AND COMPREHENSIVE INCOME        
Total revenues (31) (25) (71) (65)
Media program and production expenses (14) (21) (41) (56)
Selling, general and administrative (10) (1) (12) (1)
Depreciation, amortization and other operating expenses (4) (2) (10) (5)
Total operating expenses (28) (24) (63) (62)
Operating (loss) income (3) (1) (8) (3)
Equity in earnings of consolidated subsidiaries (237) (220) (526) (594)
Interest expense 4 4 12 12
Other income (expense) (2) 0 (1) 0
Total other expense, net (235) (216) (515) (582)
Income tax benefit (provision) 0 0 0 0
NET (LOSS) INCOME (238) (217) (523) (585)
Net income attributable to the redeemable noncontrolling interests 0   0  
Net income attributable to the noncontrolling interests   0 0 0
NET (LOSS) INCOME ATTRIBUTABLE TO SINCLAIR BROADCAST GROUP (238) (217) (523) (585)
Comprehensive (loss) income $ (238) $ (217) $ (523) $ (585)