CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions		Jun. 30, 2020	Dec. 31, 2019
Current assets:
Cash and cash equivalents		$ 622	$ 1,333
Accounts receivable, net of allowance for doubtful accounts of $4 and $8, respectively		985	1,132
Income taxes receivable		110	103
Prepaid sports rights		725	113
Prepaid expenses and other current assets		150	232
Total current assets		2,592	2,913
Property and equipment, net		809	765
Operating lease assets		220	223
Goodwill		4,716	4,716
Indefinite-lived intangible assets		163	158
Definite-lived intangible assets, net		7,664	7,977
Other assets		605	618
Total assets	[1]	16,769	17,370
Current liabilities:
Accounts payable and accrued liabilities		573	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		49	88
Other current liabilities		169	155
Total current liabilities		903	1,134
Notes payable, finance leases, and commercial bank financing, less current portion		12,328	12,367
Operating lease liabilities, less current portion		211	217
Program contracts payable, less current portion		31	39
Deferred tax liabilities		455	407
Other long-term liabilities		520	434
Total liabilities	[1]	14,448	14,598
Commitments and contingencies (See Note 5)
Redeemable noncontrolling interests		510	1,078
Shareholders' equity:
Additional paid-in capital		787	1,011
Retained earnings		832	492
Accumulated other comprehensive loss		(11)	(2)
Total Sinclair Broadcast Group shareholders’ equity		1,609	1,502
Noncontrolling interests		202	192
Total equity		1,811	1,694
Total liabilities, redeemable noncontrolling interests, and equity		16,769	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		5,728	5,979
Other definite-lived intangible assets, net
Current assets:
Definite-lived intangible assets, net		1,936	1,998
Consolidated VIEs
Current assets:
Cash and cash equivalents		29	39
Accounts receivable, net of allowance for doubtful accounts of $4 and $8, respectively		37	39
Prepaid sports rights		72	10
Prepaid expenses and other current assets		3	6
Total current assets		141	94
Property and equipment, net		16	15
Operating lease assets		7	8
Definite-lived intangible assets, net		85	93
Total assets		268	228
Current liabilities:
Other current liabilities		21	19
Notes payable, finance leases, and commercial bank financing, less current portion		13	15
Operating lease liabilities, less current portion		6	6
Program contracts payable, less current portion		5	7
Other long-term liabilities		5	1
Total liabilities		$ 50	$ 48

[1] Our consolidated total assets as of June 30, 2020 and December 31, 2019 include total assets of variable interest entities (VIEs) of $268 million and $228 million, respectively, which can only be used to settle the obligations of the VIEs. Our consolidated total liabilities as of June 30, 2020 and December 31, 2019 include total liabilities of VIEs of $32 million and $27 million, respectively, for which the creditors of the VIEs have no recourse to us. See Note 8. Variable Interest Entities.