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CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Accounts receivable, allowance for doubtful accounts $ 4 $ 5
Assets [1] 6,085 6,704
Liabilities [1] 5,864 5,829
Additional paid-in capital 517 624
(Accumulated deficit) retained earnings (234) 122
Accumulated other comprehensive income 1 1
Total SBG (deficit) equity 285 748
Consolidated VIEs    
Assets 85 115
Liabilities 23 26
Consolidated VIEs | Nonrecourse    
Liabilities $ 17 $ 18
Class A Common Stock    
Common stock, par value (in dollars per share) $ 0.01 $ 0.01
Common stock, shares authorized (in shares) 500,000,000 500,000,000
Common stock, shares issued (in shares) 39,737,682 45,847,879
Common stock, shares outstanding (in shares) 39,737,682 45,847,879
Class B Common Stock    
Common stock, par value (in dollars per share) $ 0.01 $ 0.01
Common stock, shares authorized (in shares) 140,000,000 140,000,000
Common stock, shares issued (in shares) 23,775,056 23,775,056
Common stock, shares outstanding (in shares) 23,775,056 23,775,056
Sinclair Broadcast Group, LLC    
Accounts receivable, allowance for doubtful accounts $ 4 $ 5
Assets [2] 4,837 6,704
Liabilities [2] 5,765 5,829
Additional paid-in capital   624
(Accumulated deficit) retained earnings (865) 122
Accumulated other comprehensive income 1 1
Total SBG (deficit) equity (864) 748
Sinclair Broadcast Group, LLC | Consolidated VIEs    
Assets 85 115
Liabilities 23 26
Sinclair Broadcast Group, LLC | Consolidated VIEs | Nonrecourse    
Liabilities $ 17 $ 18
Sinclair Broadcast Group, LLC | Class A Common Stock    
Common stock, par value (in dollars per share)   $ 0.01
Common stock, shares authorized (in shares)   500,000,000
Common stock, shares issued (in shares)   45,847,879
Common stock, shares outstanding (in shares)   45,847,879
Sinclair Broadcast Group, LLC | Class B Common Stock    
Common stock, par value (in dollars per share)   $ 0.01
Common stock, shares authorized (in shares)   140,000,000
Common stock, shares issued (in shares)   140,000,000
Common stock, shares outstanding (in shares)   23,775,056
[1] Our consolidated total assets as of December 31, 2023 and 2022 include total assets of Variable Interest Entities ("VIEs") of $85 million and $115 million, respectively, which can only be used to settle the obligations of the VIEs. Our consolidated total liabilities as of December 31, 2023 and 2022 include total liabilities of the VIEs of $17 million and $18 million, respectively, for which the creditors of the VIEs have no recourse to us. See Note 14. Variable Interest Entities.
[2] Our consolidated total assets as of December 31, 2023 and 2022 include total assets of VIEs of $85 million and $115 million, respectively, which can only be used to settle the obligations of the VIEs. Our consolidated total liabilities as of December 31, 2023 and 2022 include total liabilities of the VIEs of $17 million and $18 million, respectively, for which the creditors of the VIEs have no recourse to us. See Note 13. Variable Interest Entities.