Selected Quarterly Financial Results (Unaudited)

12 Months Ended

Dec. 31, 2022

Quarterly Financial Information Disclosure [Abstract]

Selected Quarterly Financial Results (Unaudited)


	Quarter
	First(1)		Second		Third		Fourth		Total

	(In millions, except per share data)
2022
Net revenues	$	943	$	1,045	$	1,005	$	1,117	$	4,110
Operating loss	(302)		(147)		(177)		(166)		(792)
Net loss from continuing operations	(478)		(414)		(380)		(269)		(1,541)
Income (loss) from discontinued operations, net of tax	2,907		(3)		(1)		(5)		2,898
Net income (loss)	2,429		(417)		(381)		(274)		1,357
Net income (loss) attributable to Las Vegas Sands Corp.	2,530		(290)		(239)		(169)		1,832
Earnings (loss) per share - basic and diluted:
Loss from continuing operations	$	(0.49)	$	(0.38)	$	(0.31)	$	(0.21)	$	(1.40)
Income (loss) from discontinued operations, net of tax	3.80		—		—		(0.01)		3.80
Net income (loss) attributable to Las Vegas Sands Corp.	$	3.31	$	(0.38)	$	(0.31)	$	(0.22)	$	2.40






2021
Net revenues	$	1,196	$	1,173	$	857	$	1,008	$	4,234
Operating loss	(96)		(139)		(316)		(138)		(689)
Net loss from continuing operations	(280)		(280)		(594)		(315)		(1,469)
Income (loss) from discontinued operations, net of tax	(62)		38		99		118		193
Net loss	(342)		(242)		(495)		(197)		(1,276)
Net loss attributable to Las Vegas Sands Corp.	(278)		(192)		(368)		(123)		(961)
Earnings (loss) per share - basic and diluted:
Loss from continuing operations	$	(0.28)	$	(0.30)	$	(0.61)	$	(0.32)	$	(1.51)
Income (loss) from discontinued operations, net of tax	(0.08)		0.05		0.13		0.15		0.25
Net loss attributable to Las Vegas Sands Corp.	$	(0.36)	$	(0.25)	$	(0.48)	$	(0.17)	$	(1.26)

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(1) During the first quarter of 2022, the Company closed the sale of the Las Vegas Operations and recorded a gain on the sale of $2.86 billion, net of tax. The Las Vegas Operations has been disclosed as a discontinued operation for all periods presented.

Because earnings per share amounts are calculated using the weighted average number of common and dilutive common equivalent shares outstanding during each quarter, the sum of the per share amounts for the four quarters may not equal the total earnings per share amounts for the respective year.