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NATURE OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
12 Months Ended
Dec. 31, 2024
Segment data  
Schedule of Rollforward of the Allowance for Doubtful Accounts
A rollforward of the allowance for doubtful accounts for the years ended December 31, 2024, 2023, and 2022 is as follows (in millions):
 202420232022
Balance at beginning of period$$$
Charged to expense
Net write-offs(4)(4)(6)
Balance at end of period$$$
Schedule of Accounts Payable and Accrued Liabilities
Accounts payable and accrued liabilities consisted of the following as of December 31, 2024 and 2023 (in millions):
 
 20242023
Compensation and employee benefits$101 $98 
Interest11 12 
Programming related obligations171 156 
Legal, litigation, and regulatory (a) 26 505 
Accounts payable and other operating expenses107 142 
Total accounts payable and accrued liabilities$416 $913 
(a)See Note 12. Commitments and Contingencies for additional information regarding the litigation accruals recorded.
Schedule of Cash Transactions
For the years ended December 31, 2024, 2023, and 2022, we had the following cash transactions (in millions):
 
 202420232022
Income taxes paid$$$18 
Income tax refunds$— $$158 
Interest paid$296 $294 $387 
Schedule of Disaggregation of Revenue
The following table presents our revenue disaggregated by type and segment for the years ended December 31, 2024, 2023, and 2022 (in millions):

For the year ended December 31, 2024Local mediaTennisOtherEliminationsTotal
Distribution revenue$1,543 $203 $— $— $1,746 
Core advertising revenue1,152 39 33 (18)1,206 
Political advertising revenue 405 — — — 405 
Other media, non-media, and intercompany revenue154 43 (11)191 
Total revenues$3,254 $247 $76 $(29)$3,548 

For the year ended December 31, 2023Local mediaTennisOtherEliminationsTotal
Distribution revenue$1,491 $189 $— $— $1,680 
Core advertising revenue1,192 37 25 (13)1,241 
Political advertising revenue 44 — — — 44 
Other media, non-media, and intercompany revenue139 37 (9)169 
Total revenues$2,866 $228 $62 $(22)$3,134 

For the year ended December 31, 2022Local mediaTennisLocal sportsOtherEliminationsTotal
Distribution revenue$1,531 $179 $433 $— $— $2,143 
Core Advertising revenue1,186 33 44 41 (22)1,282 
Political advertising revenue332 — — — — 332 
Other media, non-media, and intercompany revenue144 54 (37)171 
Total revenues$3,193 $217 $482 $95 $(59)$3,928 
Sinclair Broadcast Group, LLC  
Segment data  
Schedule of Rollforward of the Allowance for Doubtful Accounts
A rollforward of the allowance for doubtful accounts for the years ended December 31, 2024, 2023, and 2022 is as follows (in millions):
 202420232022
Balance at beginning of period$$$
Charged to expense
Net write-offs(4)(3)(6)
Transferred to Ventures— (1)— 
Balance at end of period$$$
Schedule of Accounts Payable and Accrued Liabilities
Accounts payable and accrued liabilities consisted of the following as of December 31, 2024 and 2023 (in millions):
 
 20242023
Compensation and employee benefits$96 $93 
Interest11 12 
Programming related obligations171 156 
Legal, litigation, and regulatory (a)26 504 
Accounts payable and other operating expenses70 86 
Total accounts payable and accrued liabilities$374 $851 
(a)See Note 11. Commitments and Contingencies for additional information regarding the litigation accruals recorded.
Schedule of Cash Transactions
For the years ended December 31, 2024, 2023, and 2022, SBG had the following cash transactions (in millions):
 
 202420232022
Income taxes paid$$$18 
Income tax refunds$— $$158 
Interest paid$296 $294 $387 
Schedule of Disaggregation of Revenue
The following table presents SBG’s revenue disaggregated by type and segment for the years ended December 31, 2024, 2023, and 2022 (in millions):

For the year ended December 31, 2024Local media
Distribution revenue$1,543 
Core advertising revenue1,152 
Political advertising revenue 405 
Other media, non-media, and intercompany revenue154 
Total revenues$3,254 

For the year ended December 31, 2023Local mediaOtherEliminationsTotal
Distribution revenue$1,491 $76 $— $1,567 
Core advertising revenue1,192 29 (5)1,216 
Political advertising revenue 44 — — 44 
Other media, non-media, and intercompany revenue139 14 (2)151 
Total revenues$2,866 $119 $(7)$2,978 

For the year ended December 31, 2022Local mediaLocal sportsOtherEliminationsTotal
Distribution revenue$1,531 $433 $179 $— $2,143 
Core Advertising revenue1,186 44 74 (22)1,282 
Political advertising revenue 332 — — — 332 
Other media, non-media, and intercompany revenue144 59 (37)171 
Total revenues$3,193 $482 $312 $(59)$3,928