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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Millions
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
REVENUES:    
Revenues $ 1,609 $ 722
OPERATING EXPENSES:    
Media programming and production expenses 828 319
Media selling, general and administrative expenses 210 160
Amortization of program contract costs and net realizable value adjustments 23 24
Non-media expenses 30 39
Depreciation of property and equipment 24 23
Corporate general and administrative expenses 49 28
Amortization of definite-lived intangible and other assets 150 43
Gain on asset dispositions and other, net of impairment (32) (8)
Total operating expenses 1,282 628
Operating income 327 94
OTHER INCOME (EXPENSE):    
Interest expense including amortization of debt discount and deferred financing costs (180) (54)
Gain from extinguishment of debt 2 0
Loss from equity method investments (6) (14)
Other (expense) income, net (4) 2
Total other expense, net (188) (66)
Income before income tax 139 28
INCOME TAX BENEFIT (PROVISION) 12 (5)
NET INCOME 151 23
Net income attributable to the redeemable noncontrolling interests (20) 0
Net income attributable to the noncontrolling interests (8) (1)
NET INCOME ATTRIBUTABLE TO SINCLAIR BROADCAST GROUP $ 123 $ 22
EARNINGS PER COMMON SHARE ATTRIBUTABLE TO SINCLAIR BROADCAST GROUP:    
Basic earnings per share (USD per share) $ 1.36 $ 0.23
Diluted earnings per share (USD per share) $ 1.35 $ 0.23
Weighted average common shares outstanding (shares) 90,609 92,302
Weighted average common and common equivalent shares outstanding (shares) 91,226 93,218
Media revenues    
REVENUES:    
Revenues $ 1,574 $ 673
Non-media revenues    
REVENUES:    
Revenues $ 35 $ 49