CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
REVENUES:
Media revenues	$ 766	$ 1,275
Non-media revenues	7	13
Revenue	773	1,288
OPERATING EXPENSES:
Media programming and production expenses	398	758
Media selling, general and administrative expenses	191	220
Amortization of program contract costs	22	25
Non-media expenses	12	13
Depreciation of property and equipment	24	28
Corporate general and administrative expenses	58	47
Amortization of definite-lived intangible assets	41	93
Gain on deconsolidation of subsidiary	0	(3,357)
Loss (gain) on asset dispositions and other, net of impairment	6	(5)
Total operating expenses (gains)	752	(2,178)
Operating (loss) income	21	3,466
OTHER INCOME (EXPENSE):
Interest expense including amortization of debt discount and deferred financing costs	(74)	(115)
Income from equity method investments	31	12
Other income (expense), net	11	(60)
Total other expense, net	(32)	(163)
(Loss) income before income taxes	(11)	3,303
INCOME TAX BENEFIT (PROVISION)	204	(687)
Net income (loss)	193	2,616
Net loss (income) attributable to the redeemable noncontrolling interests	4	(4)
Net income attributable to the noncontrolling interests	(12)	(25)
Net income (loss) attributable to Sinclair Broadcast Group	$ 185	$ 2,587
EARNINGS PER COMMON SHARE ATTRIBUTABLE TO SINCLAIR BROADCAST GROUP:
Basic earnings per share (in dollars per share)	$ 2.65	$ 35.85
Diluted earnings per share (in dollars per share)	$ 2.64	$ 35.84
Basic weighted average common shares outstanding (in shares)	69,744	72,164
Diluted weighted average common and common equivalent shares outstanding (in shares)	69,864	72,176