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Stock-Based Employee Compensation (Tables)
 12 Months Ended
Dec. 31, 2022
Share-Based Payment Arrangement [Abstract]  
Black-Scholes Option-Pricing Model Weighted Average Assumptions
The fair value of each option grant was estimated on the grant date using the Black-Scholes option-pricing model with the following weighted average assumptions:
Year Ended December 31,
202220212020
LVSC Amended 2004 Plan:
Weighted average volatility26.0 %25.1 %23.8 %
Expected term (in years)6.35.55.5
Risk-free rate2.1 %0.9 %1.3 %
Expected dividend yield— %— %4.6 %
SCL Equity Award Plan:
Weighted average volatility43.7 %— %— %
Expected term (in years)7.2——
Risk-free rate2.7 %— %— %
Expected dividend yield— %— %— %
Summary of Stock Option Activity for Company's Equity Award Plans
A summary of the stock option activity for the Company's equity award plans for the year ended December 31, 2022, is presented below:
SharesWeighted
Average
Exercise
Price		Weighted
Average
Remaining
Contractual
Life (Years)		Aggregate
Intrinsic
Value
(in millions)
LVSC Amended 2004 Plan:
Outstanding as of January 1, 202213,264,517 $49.35 
Granted1,730,000 41.61 
Forfeited or expired(455,743)60.19 
Outstanding as of December 31, 202214,538,774 $48.09 6.45$74 
Exercisable as of December 31, 20228,058,372 $53.65 5.03$21 
SCL Equity Award Plan:
Outstanding as of January 1, 202248,180,300 $5.01 
Granted3,300,000 2.28 
Forfeited or expired(3,079,400)4.69 
Outstanding as of December 31, 202248,400,900 $4.84 4.95$3 
Exercisable as of December 31, 202241,687,600 $5.02 4.47$— 
Summary of Unvested Restricted Stock and Unvested Restricted Stock Units
A summary of the unvested restricted stock and restricted stock units under the Company's equity award plans for the year ended December 31, 2022, is presented below:
SharesWeighted
Average
Grant Date
Fair Value
LVSC Amended 2004 Plan:
Unvested Restricted Stock
Balance as of January 1, 202225,104 $55.76 
Granted46,448 30.14 
Vested(30,910)50.59 
Balance as of December 31, 202240,642 $30.14 
Unvested Restricted Stock Units
Balance as of January 1, 2022771,150 $48.75 
Granted123,497 42.55 
Vested(242,942)41.4248.75 
Forfeited(76,443)44.48 
Balance as of December 31, 2022575,262 $47.99 
SCL Equity Plan:
Unvested Restricted Stock Units
Balance as of January 1, 202215,321,544 $3.40 
Granted9,393,200 2.32 
Vested(2,587,860)4.67 
Forfeited(969,320)3.00 
Balance as of December 31, 202221,157,564 $2.79 
Stock-Based Compensation Activity, Summary
The stock-based compensation activity for the Amended 2004 Plan and SCL Equity Plan is as follows for the three years ended December 31, 2022:
Year Ended December 31,
202220212020
(Dollars in millions, except weighted average grant date fair values)
Compensation expense:
Stock options$24 $14 $20 
Restricted stock and stock units46 13 7 
$70 $27 $27 
Income tax benefit recognized in the consolidated statements of operations
$2 $1 $2 
Compensation cost capitalized as part of property and equipment
$2 $1 $1 
LVSC Amended 2004 Plan:
Stock options granted1,730,000 4,513,468 875,474 
Weighted average grant date fair value$12.74 $8.63 $7.79 
Restricted stock granted46,448 25,104 17,512 
Weighted average grant date fair value$30.14 $55.76 $45.68 
Restricted stock units granted123,497 786,310 — 
Weighted average grant date fair value$42.55 $48.96 $— 
Stock options exercised:
Intrinsic value$— $1 $5 
Cash received$— $7 $18 
SCL 2019 Equity Plan:
Stock options granted3,300,000 — — 
Weighted average grant date fair value$1.13 $— $— 
Restricted stock units granted9,393,200 13,039,600 2,337,200 
Weighted average grant date fair value$2.32 $3.22 $4.11 
Stock options exercised:
Intrinsic value$— $3 $2 
Cash received$— $12 $6 
Stock-Based Compensation Activity, Arrangements by Share-based Payment Award
The stock-based compensation activity for the Amended 2004 Plan and SCL Equity Plan is as follows for the three years ended December 31, 2022:
Year Ended December 31,
202220212020
(Dollars in millions, except weighted average grant date fair values)
Compensation expense:
Stock options$24 $14 $20 
Restricted stock and stock units46 13 7 
$70 $27 $27 
Income tax benefit recognized in the consolidated statements of operations
$2 $1 $2 
Compensation cost capitalized as part of property and equipment
$2 $1 $1 
LVSC Amended 2004 Plan:
Stock options granted1,730,000 4,513,468 875,474 
Weighted average grant date fair value$12.74 $8.63 $7.79 
Restricted stock granted46,448 25,104 17,512 
Weighted average grant date fair value$30.14 $55.76 $45.68 
Restricted stock units granted123,497 786,310 — 
Weighted average grant date fair value$42.55 $48.96 $— 
Stock options exercised:
Intrinsic value$— $1 $5 
Cash received$— $7 $18 
SCL 2019 Equity Plan:
Stock options granted3,300,000 — — 
Weighted average grant date fair value$1.13 $— $— 
Restricted stock units granted9,393,200 13,039,600 2,337,200 
Weighted average grant date fair value$2.32 $3.22 $4.11 
Stock options exercised:
Intrinsic value$— $3 $2 
Cash received$— $12 $6 
Stock-Based Compensation Activity, Allocation of Period Costs
The stock-based compensation activity for the Amended 2004 Plan and SCL Equity Plan is as follows for the three years ended December 31, 2022:
Year Ended December 31,
202220212020
(Dollars in millions, except weighted average grant date fair values)
Compensation expense:
Stock options$24 $14 $20 
Restricted stock and stock units46 13 7 
$70 $27 $27 
Income tax benefit recognized in the consolidated statements of operations
$2 $1 $2 
Compensation cost capitalized as part of property and equipment
$2 $1 $1 
LVSC Amended 2004 Plan:
Stock options granted1,730,000 4,513,468 875,474 
Weighted average grant date fair value$12.74 $8.63 $7.79 
Restricted stock granted46,448 25,104 17,512 
Weighted average grant date fair value$30.14 $55.76 $45.68 
Restricted stock units granted123,497 786,310 — 
Weighted average grant date fair value$42.55 $48.96 $— 
Stock options exercised:
Intrinsic value$— $1 $5 
Cash received$— $7 $18 
SCL 2019 Equity Plan:
Stock options granted3,300,000 — — 
Weighted average grant date fair value$1.13 $— $— 
Restricted stock units granted9,393,200 13,039,600 2,337,200 
Weighted average grant date fair value$2.32 $3.22 $4.11 
Stock options exercised:
Intrinsic value$— $3 $2 
Cash received$— $12 $6