XML 204 R183.htm IDEA: XBRL DOCUMENT v3.24.0.1
INCOME TAXES - Federal Tax Rate Reconciliation (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Reconciliation of federal income taxes at the applicable statutory rate to the recorded provision from continuing operations      
Federal statutory rate 21.00% 21.00% 21.00%
Adjustments:      
State income taxes, net of federal tax benefit (as a percent) 4.60% 2.00% (4.20%)
Valuation allowance (as a percent) 30.60% 1.60% (1.50%)
Noncontrolling interest (as a percent) 0.40% 0.20% 2.60%
Federal tax credits (as a percent) 0.60% (0.20%) 10.60%
Net operating loss carryback (as a percent) 0.00% 0.00% 7.50%
Other (0.90%) 0.70% (1.30%)
Effective income tax rate 56.30% 25.30% 34.70%
Increase (decrease) in valuation allowance $ (212) $ 56 $ 8
Noncontrolling interest, expense (benefit) $ (3) $ 9 (13)
Investment tax credits     40
CARES Act benefit     $ 38
Sinclair Broadcast Group, LLC      
Reconciliation of federal income taxes at the applicable statutory rate to the recorded provision from continuing operations      
Federal statutory rate 21.00% 21.00% 21.00%
Adjustments:      
State income taxes, net of federal tax benefit (as a percent) 4.70% 2.00% (4.20%)
Valuation allowance (as a percent) 33.50% 1.60% (1.50%)
Noncontrolling interest (as a percent) 0.50% 0.20% 2.60%
Federal tax credits (as a percent) 0.60% (0.20%) 10.60%
Net operating loss carryback (as a percent) 0.00% 0.00% 7.50%
Other (0.90%) 0.70% (1.30%)
Effective income tax rate 59.40% 25.30% 34.70%
Increase (decrease) in valuation allowance $ (212) $ 56 $ 8
Noncontrolling interest, expense (benefit) $ (3) $ 9 (13)
Investment tax credits     40
CARES Act benefit     $ 38