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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2023
Jun. 30, 2023
Dec. 31, 2022
Sep. 30, 2022
Jun. 30, 2022
Dec. 31, 2021
Current assets:            
Cash and cash equivalents $ 643   $ 884      
Accounts receivable, net of allowance for doubtful accounts of $4 and $5, respectively 597   612      
Income taxes receivable 8   5      
Prepaid expenses and other current assets 206   182      
Total current assets 1,454   1,683      
Property and equipment, net 719   728      
Operating lease assets 127   145      
Goodwill 2,082   2,088      
Indefinite-lived intangible assets 150   150      
Other assets 730   964      
Total assets [1] 6,083   6,704      
Current liabilities:            
Accounts payable and accrued liabilities 419   397      
Current portion of notes payable, finance leases, and commercial bank financing 37   38      
Current portion of operating lease liabilities 19   23      
Current portion of program contracts payable 85   83      
Other current liabilities 64   67      
Total current liabilities 624   608      
Notes payable, finance leases, and commercial bank financing, less current portion 4,145   4,227      
Operating lease liabilities, less current portion 140   154      
Program contracts payable, less current portion 7   10      
Deferred tax liabilities 376   610      
Other long-term liabilities 207   220      
Total liabilities [1] 5,499   5,829      
Commitments and contingencies (See Note 5)        
Redeemable noncontrolling interests 0   194      
Shareholders' equity:            
Additional paid-in capital 514   624      
Retained earnings 122   122      
Accumulated other comprehensive income 9   1      
Total SBG (deficit) equity 646   748      
Noncontrolling interests (62)   (67)      
Total equity 584 $ 641 681 $ 640 $ 642 $ (1,706)
Total liabilities, redeemable noncontrolling interests, and equity 6,083   6,704      
Class A Common Stock            
Shareholders' equity:            
Common Stock 1   1      
Class B Common Stock            
Shareholders' equity:            
Common Stock 0   0      
Customer relationships, net            
Current assets:            
Definite-lived intangible assets, net 387   444      
Other definite-lived intangible assets, net            
Current assets:            
Definite-lived intangible assets, net $ 434   $ 502      
[1] Our consolidated total assets as of September 30, 2023 and December 31, 2022 include total assets of variable interest entities ("VIE") of $80 million and $115 million, respectively, which can only be used to settle the obligations of the VIEs. Our consolidated total liabilities as of both September 30, 2023 and December 31, 2022 include total liabilities of VIEs of $18 million for which the creditors of the VIEs have no recourse to us. See Note 8. Variable Interest Entities.