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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 3,841 $ 3,650
Accounts receivable, net of provision for credit losses of $225 and $186 742 417
Inventories 46 41
Prepaid expenses and other 203 182
Total current assets 4,832 4,290
Loan receivable 1,264 1,264
Property and equipment, net 11,673 11,993
Restricted cash and cash equivalents 125 125
Deferred income taxes, net 160 122
Leasehold interests in land, net 2,907 2,002
Goodwill and intangible assets, net 573 545
Other assets, net 386 325
Total assets 21,920 20,666
Current liabilities:    
Accounts payable 190 164
Construction payables 160 263
Other accrued liabilities 2,359 1,985
Income taxes payable 385 229
Current maturities of debt 1,128 3,160
Total current liabilities 4,222 5,801
Other long-term liabilities 934 925
Deferred income taxes 174 188
Debt 14,656 10,592
Total liabilities 19,986 17,506
Commitments and contingencies (Note 16)
Equity:    
Preferred stock 0 0
Common stock 1 1
Treasury stock at cost (9,028) (6,759)
Capital in excess of par value 6,159 6,245
Accumulated other comprehensive income (loss) 71 (58)
Retained earnings 4,387 3,455
Total Las Vegas Sands Corp. stockholders’ equity 1,590 2,884
Noncontrolling interests 344 276
Total equity 1,934 3,160
Total liabilities and equity 21,920 20,666
Accounts receivable, provision for credit loss, current $ 225 $ 186
Preferred stock, par value (in usd per share) $ 0.001 $ 0.001
Preferred stock, shares authorized 50,000,000 50,000,000
Preferred stock, shares issued 0 0
Preferred stock, shares outstanding 0 0
Common stock, par value (in usd per share) $ 0.001 $ 0.001
Common stock, shares authorized 1,000,000,000 1,000,000,000
Common stock, shares issued 840,000,000 834,000,000
Common stock, shares outstanding 675,000,000 716,000,000
Treasury stock, shares 165,000,000 118,000,000