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CONDENSED CONSOLIDATING FINANCIAL STATEMENTS (Tables)
 6 Months Ended
Jun. 30, 2022
Condensed Financial Information Disclosure [Abstract]  
Schedule of Condensed Consolidating Balance Sheet
CONDENSED CONSOLIDATING BALANCE SHEET
AS OF JUNE 30, 2022
(in millions) (unaudited)

Sinclair
Broadcast
Group, Inc.		Sinclair
Television
Group, Inc.		Guarantor
Subsidiaries
and KDSM,
LLC		Non-
Guarantor
Subsidiaries		EliminationsSinclair
Consolidated
Cash and cash equivalents$32 $344 $1 $43 $— $420 
Accounts receivable, net— — 548 55 3 606 
Other current assets14 41 321 18 (55)339 
Total current assets46 385 870 116 (52)1,365 
Property and equipment, net1 31 655 49 (23)713 
Investment in equity of consolidated subsidiaries902 3,153 — — (4,055)— 
Goodwill— — 2,081 7 — 2,088 
Indefinite-lived intangible assets— — 136 14 — 150 
Definite-lived intangible assets, net— — 1,019 46 (33)1,032 
Other long-term assets480 922 417 1,292 (2,010)1,101 
Total assets$1,429 $4,491 $5,178 $1,524 $(6,173)$6,449 
Accounts payable and accrued liabilities$— $75 $326 $14 $(1)$414 
Current portion of long-term debt— 28 6 10 (1)43 
Other current liabilities2 4 126 82 (54)160 
Total current liabilities2 107 458 106 (56)617 
Long-term debt— 4,190 27 375 (359)4,233 
Other long-term liabilities721 56 1,544 323 (1,874)770 
Total liabilities723 4,353 2,029 804 (2,289)5,620 
Redeemable noncontrolling interests— — — 187 — 187 
Total Sinclair Broadcast Group equity706 138 3,149 600 (3,887)706 
Noncontrolling interests in consolidated subsidiaries— — — (67)3 (64)
Total liabilities, redeemable noncontrolling interests, and equity$1,429 $4,491 $5,178 $1,524 $(6,173)$6,449 
CONDENSED CONSOLIDATING BALANCE SHEET
AS OF DECEMBER 31, 2021
(in millions)
  
 Sinclair
Broadcast
Group, Inc.		Sinclair
Television
Group, Inc.		Guarantor
Subsidiaries
and KDSM,
LLC		Non-
Guarantor
Subsidiaries		EliminationsSinclair
Consolidated
Cash and cash equivalents$2 $316 $2 $496 $— $816 
Accounts receivable, net— — 649 596 — 1,245 
Other current assets10 82 293 136 (111)410 
Total current assets12 398 944 1,228 (111)2,471 
Property and equipment, net1 31 664 161 (24)833 
Investment in equity of consolidated subsidiaries451 3,448 — — (3,899)— 
Restricted cash— — — 3 — 3 
Goodwill— — 2,081 7 — 2,088 
Indefinite-lived intangible assets— — 136 14 — 150 
Definite-lived intangible assets, net— — 1,105 4,019 (36)5,088 
Other long-term assets331 1,956 427 1,853 (2,659)1,908 
Total assets$795 $5,833 $5,357 $7,285 $(6,729)$12,541 
Accounts payable and accrued liabilities$31 $85 $295 $279 $(35)$655 
Current portion of long-term debt— 20 5 45 (1)69 
Other current liabilities2 6 155 392 (77)478 
Total current liabilities33 111 455 716 (113)1,202 
Long-term debt915 4,317 33 8,488 (1,482)12,271 
Investment in deficit of consolidated subsidiaries1,605 — — — (1,605)— 
Other long-term liabilities12 69 1,426 468 (1,398)577 
Total liabilities2,565 4,497 1,914 9,672 (4,598)14,050 
Redeemable noncontrolling interests— — — 197 — 197 
Total Sinclair Broadcast Group (deficit) equity(1,770)1,336 3,443 (2,644)(2,135)(1,770)
Noncontrolling interests in consolidated subsidiaries— — — 60 4 64 
Total liabilities, redeemable noncontrolling interests, and equity$795 $5,833 $5,357 $7,285 $(6,729)$12,541 
Schedule of Condensed Consolidating Statement of Operations and Comprehensive Income
CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS AND COMPREHENSIVE INCOME
FOR THE THREE MONTHS ENDED JUNE 30, 2022
(in millions) (unaudited)
  
 Sinclair
Broadcast
Group, Inc.		Sinclair
Television
Group, Inc.		Guarantor
Subsidiaries
and KDSM,
LLC		Non-
Guarantor
Subsidiaries		EliminationsSinclair
Consolidated
Net revenue$— $11 $820 $46 $(40)$837 
Media programming and production expenses— 2 383 36 (18)403 
Selling, general and administrative expenses3 38 206 6 (20)233 
Depreciation, amortization and other operating expenses1 1 84 12 (4)94 
Total operating expenses4 41 673 54 (42)730 
Operating (loss) income(4)(30)147 (8)2 107 
Equity in (loss) earnings of consolidated subsidiaries(12)119 — — (107)— 
Interest expense— (53)— (4)3 (54)
Other income (expense)6 (2)— (103)— (99)
Total other (expense) income(6)64 — (107)(104)(153)
Income tax (provision) benefit(1)10 (27)58 — 40 
Net (loss) income(11)44 120 (57)(102)(6)
Net income attributable to the redeemable noncontrolling interests— — — (5)— (5)
Net (loss) income attributable to Sinclair Broadcast Group$(11)$44 $120 $(62)$(102)$(11)
Comprehensive (loss) income$(11)$44 $120 $(57)$(102)$(6)
CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS AND COMPREHENSIVE INCOME
FOR THE THREE MONTHS ENDED JUNE 30, 2021
(in millions) (unaudited)
 
 Sinclair
Broadcast
Group, Inc.		Sinclair
Television
Group, Inc.		Guarantor
Subsidiaries
and KDSM,
LLC		Non-
Guarantor
Subsidiaries		EliminationsSinclair
Consolidated
Net revenue$— $28 $744 $886 $(46)$1,612 
Media programming and production expenses— 1 359 999 (14)1,345 
Selling, general and administrative expenses4 32 173 91 (30)270 
Depreciation, amortization and other operating expenses— 2 85 90 (2)175 
Total operating expenses4 35 617 1,180 (46)1,790 
Operating (loss) income(4)(7)127 (294)— (178)
Equity in (loss) earnings of consolidated subsidiaries(243)116 — — 127 — 
Interest expense(4)(50)— (113)7 (160)
Other (expense) income(83)9 (10)29 (4)(59)
Total other (expense) income(330)75 (10)(84)130 (219)
Income tax benefit2 22 — 45 — 69 
Net (loss) income(332)90 117 (333)130 (328)
Net income attributable to the redeemable noncontrolling interests— — — (5)— (5)
Net loss attributable to the noncontrolling interests— — — 1 — 1 
Net (loss) income attributable to Sinclair Broadcast Group$(332)$90 $117 $(337)$130 $(332)
Comprehensive (loss) income$(332)$90 $117 $(336)$130 $(331)
CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS AND COMPREHENSIVE INCOME
FOR THE SIX MONTHS ENDED JUNE 30, 2022
(in millions) (unaudited)
  
 Sinclair
Broadcast
Group, Inc.		Sinclair
Television
Group, Inc.		Guarantor
Subsidiaries
and KDSM,
LLC		Non-
Guarantor
Subsidiaries		EliminationsSinclair
Consolidated
Net revenue$— $40 $1,611 $577 $(103)$2,125 
Media programming and production expenses— 2 745 448 (34)1,161 
Selling, general and administrative expenses6 86 405 69 (66)500 
Gain on deconsolidation of subsidiary(3,357)— — — — (3,357)
Depreciation, amortization and other operating expenses1 3 168 82 (6)248 
Total operating (gains) expenses(3,350)91 1,318 599 (106)(1,448)
Operating income (loss)3,350 (51)293 (22)3 3,573 
Equity in (loss) earnings of consolidated subsidiaries(50)219 — — (169)— 
Interest expense(4)(97)(1)(79)12 (169)
Other income (expense)10 (1)3 (153)(6)(147)
Total other (expense) income(44)121 2 (232)(163)(316)
Income tax (provision) benefit(730)30 (74)127 — (647)
Net income (loss)2,576 100 221 (127)(160)2,610 
Net income attributable to the redeemable noncontrolling interests— — — (9)— (9)
Net income attributable to the noncontrolling interests— — — (25)— (25)
Net income (loss) attributable to Sinclair Broadcast Group$2,576 $100 $221 $(161)$(160)$2,576 
Comprehensive income (loss)$2,576 $100 $221 $(124)$(160)$2,613 
CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS AND COMPREHENSIVE INCOME
FOR THE SIX MONTHS ENDED JUNE 30, 2021
(in millions) (unaudited)
  
 Sinclair
Broadcast
Group, Inc.		Sinclair
Television
Group, Inc.		Guarantor
Subsidiaries
and KDSM,
LLC		Non-
Guarantor
Subsidiaries		EliminationsSinclair
Consolidated
Net revenue$— $55 $1,449 $1,704 $(85)$3,123 
Media programming and production expenses— 2 707 1,683 (24)2,368 
Selling, general and administrative expenses7 90 339 165 (57)544 
Depreciation, amortization and other operating expenses— 4 159 195 (4)354 
Total operating expenses7 96 1,205 2,043 (85)3,266 
Operating (loss) income(7)(41)244 (339)— (143)
Equity in (loss) earnings of consolidated subsidiaries(288)204 — — 84 — 
Interest expense(7)(92)(1)(224)13 (311)
Other (expense) income(63)14 (22)152 (7)74 
Total other (expense) income(358)126 (23)(72)90 (237)
Income tax benefit (provision)21 29 (15)43 — 78 
Net (loss) income(344)114 206 (368)90 (302)
Net income attributable to the redeemable noncontrolling interests— — — (9)— (9)
Net income attributable to the noncontrolling interests— — — (33)— (33)
Net (loss) income attributable to Sinclair Broadcast Group$(344)$114 $206 $(410)$90 $(344)
Comprehensive (loss) income$(344)$114 $206 $(363)$90 $(297)
Schedule of Condensed Consolidating Statement of Cash Flows
CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS
FOR THE SIX MONTHS ENDED JUNE 30, 2022
(in millions) (unaudited)
  
Sinclair
Broadcast
Group, Inc.		Sinclair
Television
Group, Inc.		Guarantor
Subsidiaries
and KDSM,
LLC		Non-
Guarantor
Subsidiaries		EliminationsSinclair
Consolidated
NET CASH FLOWS (USED IN) FROM OPERATING ACTIVITIES$(111)$(96)$616 $(206)$4 $207 
NET CASH FLOWS FROM (USED IN) INVESTING ACTIVITIES
Acquisition of property and equipment— (2)(43)(2)2 (45)
Spectrum repack reimbursements— — 2 — — 2 
Proceeds from the sale of assets— — 5 4 — 9 
Deconsolidation of subsidiary cash— — — (315)— (315)
Purchases of investments(44)(1)(3)(13)— (61)
Distributions from investments60 — 10 11 — 81 
Net cash flows from (used in) investing activities16 (3)(29)(315)2 (329)
NET CASH FLOWS FROM (USED IN) FINANCING ACTIVITIES      
Proceeds from notes payable and commercial bank financing— 728 — — — 728 
Repayments of notes payable, commercial bank financing and finance leases— (841)(3)(1)— (845)
Repurchase of outstanding Class A Common Stock(104)— — — — (104)
Dividends paid on Class A and Class B Common Stock(36)— — — — (36)
Dividends paid on redeemable subsidiary preferred equity— — — (3)— (3)
Distributions to noncontrolling interests— — — (5)— (5)
Increase (decrease) in intercompany payables269 248 (585)74 (6)— 
Other, net(4)(8)— — — (12)
Net cash flows from (used in) financing activities125 127 (588)65 (6)(277)
NET INCREASE (DECREASE) IN CASH, CASH EQUIVALENTS, AND RESTRICTED CASH30 28 (1)(456)— (399)
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH, beginning of period2 316 2 499 — 819 
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH, end of period$32 $344 $1 $43 $— $420 
CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS
FOR THE SIX MONTHS ENDED JUNE 30, 2021
(in millions) (unaudited)
  
 Sinclair
Broadcast
Group, Inc.		Sinclair
Television
Group, Inc.		Guarantor
Subsidiaries
and KDSM,
LLC		Non-
Guarantor
Subsidiaries		EliminationsSinclair
Consolidated
NET CASH FLOWS (USED IN) FROM OPERATING ACTIVITIES$(11)$(72)$337 $(268)$2 $(12)
NET CASH FLOWS USED IN INVESTING ACTIVITIES
Acquisition of property and equipment— — (27)(13)2 (38)
Spectrum repack reimbursements— — 18 — — 18 
Proceeds from the sale of assets— — 30 9 — 39 
Purchases of investments(6)(10)(25)(123)— (164)
Other, net— — (3)7 — 4 
Net cash flows used in investing activities(6)(10)(7)(120)2 (141)
NET CASH FLOWS FROM (USED IN) FINANCING ACTIVITIES     
Proceeds from notes payable and commercial bank financing— 341 — 16 — 357 
Repayments of notes payable, commercial bank financing and finance leases— (352)(3)(30)— (385)
Dividends paid on Class A and Class B Common Stock(30)— — — — (30)
Dividends paid on redeemable subsidiary preferred equity— — — (4)— (4)
Distributions to noncontrolling interests, net— — — (50)— (50)
Distributions to redeemable noncontrolling interests— — — (5)— (5)
Increase (decrease) in intercompany payables62 173 (324)93 (4)— 
Other, net(15)(1)— (8)— (24)
Net cash flows from (used in) financing activities17 161 (327)12 (4)(141)
NET INCREASE (DECREASE) IN CASH, CASH EQUIVALENTS, AND RESTRICTED CASH— 79 3 (376)— (294)
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH, beginning of period— 458 — 804 — 1,262 
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH, end of period$— $537 $3 $428 $— $968