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CONSOLIDATED STATEMENTS OF MEMBER'S EQUITY (DEFICIT) AND REDEEMABLE NONCONTROLLING INTERESTS - USD ($)
$ in Millions
Total
Class A Common Stock
Class B Common Stock
Common Stock
Class A Common Stock
Common Stock
Class B Common Stock
Additional Paid-In Capital
Retained Earnings (Accumulated Deficit)
Accumulated Other Comprehensive (Loss) Income
Noncontrolling Interests
Sinclair Broadcast Group, LLC
Sinclair Broadcast Group, LLC
Common Stock
Class A Common Stock
Sinclair Broadcast Group, LLC
Common Stock
Class B Common Stock
Sinclair Broadcast Group, LLC
Additional Paid-In Capital
Sinclair Broadcast Group, LLC
Retained Earnings (Accumulated Deficit)
Sinclair Broadcast Group, LLC
Accumulated Other Comprehensive (Loss) Income
Sinclair Broadcast Group, LLC
Noncontrolling Interests
Beginning balance at Dec. 31, 2022 $ 194                 $ 194            
Increase (Decrease) in Temporary Equity                                
Repurchase of redeemable subsidiary preferred equity (190)                 (190)            
Net (loss) income (4)                 (4)            
Ending balance at Jun. 30, 2023 0                 0            
Beginning balance (in shares) at Dec. 31, 2022       45,847,879 23,775,056           45,847,879 23,775,056        
Beginning balance at Dec. 31, 2022 681     $ 1 $ 0 $ 624 $ 122 $ 1 $ (67) 681 $ 1 $ 0 $ 624 $ 122 $ 1 $ (67)
Increase (Decrease) in Stockholders' Equity                                
Dividends declared and paid on Old Sinclair Class A and Class B Common Stock (34)           (34)     (18)       (18)    
Repurchases of Old Sinclair Class A Common Stock (in shares)       (8,785,022)             (8,785,022)          
Repurchases of Old Sinclair Class A Common Stock (153)         (153)       (153)     (153)      
Old Sinclair Class A Common Stock issued pursuant to employee benefit plans (in shares)       2,211,986             2,274,558          
Old Sinclair Class A Common Stock issued pursuant to employee benefit plans 39         39       40     40      
Old Sinclair Class A and Class B Common Stock converted to SBG member's equity (in shares)                     (39,337,415) (23,775,056)        
Old Sinclair Class A Common Stock converted to SBG member's equity                   (1) $ 1          
Deemed dividend to parent                   (1,118)     (511) (606)   (1)
Distributions to noncontrolling interests (8)               (8) (7)           (7)
Other comprehensive income 6             6   6         6  
Net (loss) income 110           96   14 98       84   14
Ending balance (in shares) at Jun. 30, 2023       39,274,843 23,775,056           0 0        
Ending balance at Jun. 30, 2023 641     $ 1 $ 0 510 184 7 (61) (472) $ 0 $ 0 0 (418) 7 (61)
Increase (Decrease) in Temporary Equity                                
Net (loss) income 0                 0            
Ending balance at Jun. 30, 2023 0                 0            
Beginning balance (in shares) at Mar. 31, 2023       44,360,502 23,775,056           44,360,502 23,775,056        
Beginning balance at Mar. 31, 2023 831     $ 1 $ 0 602 289 (2) (59) 831 $ 1 $ 0 602 289 (2) (59)
Increase (Decrease) in Stockholders' Equity                                
Dividends declared and paid on Old Sinclair Class A and Class B Common Stock (16)           (16)                  
Repurchases of Old Sinclair Class A Common Stock (in shares)       (5,201,809)             (5,201,809)          
Repurchases of Old Sinclair Class A Common Stock (100)         (100)       (100)     (100)      
Old Sinclair Class A Common Stock issued pursuant to employee benefit plans (in shares)       116,150             178,722          
Old Sinclair Class A Common Stock issued pursuant to employee benefit plans 8         8       9     9      
Old Sinclair Class A and Class B Common Stock converted to SBG member's equity (in shares)                     (39,337,415) (23,775,056)        
Old Sinclair Class A Common Stock converted to SBG member's equity                   (1) $ (1)          
Deemed dividend to parent                   (1,118)     (511) (606)   (1)
Distributions to noncontrolling interests (4)               (4) (3)           (3)
Other comprehensive income 9             9   9         9  
Net (loss) income (87)           (89)   2 (99)       (101)   2
Ending balance (in shares) at Jun. 30, 2023       39,274,843 23,775,056           0 0        
Ending balance at Jun. 30, 2023 641     $ 1 $ 0 510 184 7 (61) (472) $ 0 $ 0 $ 0 (418) 7 (61)
Increase (Decrease) in Temporary Equity                                
Net (loss) income 0                 0            
Beginning balance (in shares) at Dec. 31, 2023   39,737,682 23,775,056 39,737,682 23,775,056                      
Beginning balance at Dec. 31, 2023 221     $ 1 $ 0 517 (234) 1 (64) (928)       (865) 1 (64)
Increase (Decrease) in Stockholders' Equity                                
Dividends declared and paid on Old Sinclair Class A and Class B Common Stock (33)           (33)                  
Old Sinclair Class A Common Stock issued pursuant to employee benefit plans (in shares)       2,768,089                        
Old Sinclair Class A Common Stock issued pursuant to employee benefit plans 43         43                    
Contributions from member, net                   144       144    
Distributions to noncontrolling interests (5)               (5) (5)           (5)
Other comprehensive income 5             5   5         5  
Net (loss) income 44           40   4 10       7   3
Ending balance (in shares) at Jun. 30, 2024   42,505,771 23,775,056 42,505,771 23,775,056                      
Ending balance at Jun. 30, 2024 275     $ 1 $ 0 560 (227) 6 (65) (774)       (714) 6 (66)
Increase (Decrease) in Temporary Equity                                
Net (loss) income 0                 0            
Beginning balance (in shares) at Mar. 31, 2024       42,305,323 23,775,056                      
Beginning balance at Mar. 31, 2024 269     $ 1 $ 0 554 (227) 5 (64) (855)       (795) 5 (65)
Increase (Decrease) in Stockholders' Equity                                
Dividends declared and paid on Old Sinclair Class A and Class B Common Stock (17)           (17)                  
Old Sinclair Class A Common Stock issued pursuant to employee benefit plans (in shares)       200,448                        
Old Sinclair Class A Common Stock issued pursuant to employee benefit plans 6         6                    
Contributions from member, net                   79       79    
Distributions to noncontrolling interests (3)               (3) (3)           (3)
Other comprehensive income 1             1   1         1  
Net (loss) income 19           17   2 4       2   2
Ending balance (in shares) at Jun. 30, 2024   42,505,771 23,775,056 42,505,771 23,775,056                      
Ending balance at Jun. 30, 2024 $ 275     $ 1 $ 0 $ 560 $ (227) $ 6 $ (65) $ (774)       $ (714) $ 6 $ (66)