CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions		Mar. 31, 2020	Dec. 31, 2019
Current assets:
Cash and cash equivalents		$ 1,342	$ 1,333
Accounts receivable, net of allowance for doubtful accounts of $5 and $8, respectively		1,100	1,132
Income taxes receivable		137	103
Prepaid sports rights		338	113
Prepaid expenses and other current assets		152	232
Total current assets		3,069	2,913
Property and equipment, net		786	765
Operating lease assets		226	223
Goodwill		4,716	4,716
Indefinite-lived intangible assets		158	158
Definite-lived intangible assets, net		7,814	7,977
Other assets		591	618
Total assets	[1]	17,360	17,370
Current liabilities:
Accounts payable and accrued liabilities		526	782
Current portion of notes payable, finance leases, and commercial bank financing		71	71
Current portion of operating lease liabilities		41	38
Current portion of program contracts payable		69	88
Other current liabilities		133	155
Total current liabilities		840	1,134
Notes payable, finance leases, and commercial bank financing, less current portion		13,231	12,367
Operating lease liabilities, less current portion		216	217
Program contracts payable, less current portion		35	39
Deferred tax liabilities		429	407
Other long-term liabilities		431	434
Total liabilities	[1]	15,182	14,598
Commitments and contingencies (See Note 5)
Redeemable noncontrolling interests		522	1,078
Shareholders' equity:
Additional paid-in capital		864	1,011
Retained earnings		596	492
Accumulated other comprehensive loss		(2)	(2)
Total Sinclair Broadcast Group shareholders’ equity		1,459	1,502
Noncontrolling interests		197	192
Total equity		1,656	1,694
Total liabilities, redeemable noncontrolling interests, and equity		17,360	17,370
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		5,853	5,979
Other definite-lived intangible assets, net
Current assets:
Definite-lived intangible assets, net		1,961	1,998
Consolidated VIEs
Current assets:
Cash and cash equivalents		17	39
Accounts receivable, net of allowance for doubtful accounts of $5 and $8, respectively		34	39
Prepaid expenses and other current assets		30	16
Total current assets		81	94
Property and equipment, net		17	15
Operating lease assets		7	8
Definite-lived intangible assets, net		87	93
Total assets		212	228
Current liabilities:
Other current liabilities		20	19
Notes payable, finance leases, and commercial bank financing, less current portion		14	15
Operating lease liabilities, less current portion		6	6
Program contracts payable, less current portion		6	7
Other long-term liabilities		1	1
Total liabilities		$ 47	$ 48

[1] Our consolidated total assets as of March 31, 2020 and December 31, 2019 include total assets of variable interest entities (VIEs) of $212 million and $228 million, respectively, which can only be used to settle the obligations of the VIEs. Our consolidated total liabilities as of both March 31, 2020 and December 31, 2019 include total liabilities of VIEs of $27 million for which the creditors of the VIEs have no recourse to us. See Note 8. Variable Interest Entities.