CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
REVENUES:
Media revenues	$ 761	$ 831	$ 1,527	$ 2,106
Non-media revenues	7	6	14	19
Revenue	768	837	1,541	2,125
OPERATING EXPENSES:
Media programming and production expenses	413	403	811	1,161
Media selling, general and administrative expenses	190	195	381	415
Amortization of program contract costs	19	21	41	46
Non-media expenses	9	10	21	23
Depreciation of property and equipment	32	24	56	52
Corporate general and administrative expenses	62	38	120	85
Amortization of definite-lived intangible assets	41	43	82	136
Gain on deconsolidation of subsidiary	0	0	0	(3,357)
Loss (gain) on asset dispositions and other, net of impairment	5	(4)	11	(9)
Total operating expenses (gains)	771	730	1,523	(1,448)
Operating (loss) income	(3)	107	18	3,573
OTHER INCOME (EXPENSE):
Interest expense including amortization of debt discount and deferred financing costs	(76)	(54)	(150)	(169)
Gain on extinguishment of debt	11	3	11	3
(Loss) income from equity method investments	(1)	3	30	15
Other expense, net	(38)	(105)	(27)	(165)
Total other (expense) income	(104)	(153)	(136)	(316)
(Loss) income before income taxes	(107)	(46)	(118)	3,257
INCOME TAX BENEFIT (PROVISION)	20	40	224	(647)
Net income (loss)	(87)	(6)	106	2,610
Net (income) loss attributable to the redeemable noncontrolling interests	0	(5)	4	(9)
Net income attributable to the noncontrolling interests	(2)	0	(14)	(25)
Net income (loss) attributable to Sinclair	$ (89)	$ (11)	$ 96	$ 2,576
EARNINGS PER COMMON SHARE ATTRIBUTABLE TO SINCLAIR:
Basic earnings per share (in dollars per share)	$ (1.38)	$ (0.17)	$ 1.44	$ 36.00
Diluted earnings per share (in dollars per share)	$ (1.38)	$ (0.17)	$ 1.43	$ 36.00
Basic weighted average common shares outstanding (in shares)	64,012	70,897	66,862	71,527
Diluted weighted average common and common equivalent shares outstanding (in shares)	64,012	70,897	66,947	71,533