CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions		Sep. 30, 2022	Dec. 31, 2021
Current assets:
Cash and cash equivalents		$ 607	$ 816
Accounts receivable, net of allowance for doubtful accounts of $8 and $7, respectively		586	1,245
Income taxes receivable		171	152
Prepaid sports rights		0	85
Prepaid expenses and other current assets		199	173
Total current assets		1,563	2,471
Property and equipment, net		720	833
Operating lease assets		146	207
Deferred tax assets		0	293
Restricted cash		0	3
Goodwill		2,088	2,088
Indefinite-lived intangible assets		150	150
Definite-lived intangible assets, net		989	5,088
Other assets		949	1,408
Total assets	[1]	6,605	12,541
Current liabilities:
Accounts payable and accrued liabilities		412	655
Current portion of notes payable, finance leases, and commercial bank financing		43	69
Current portion of operating lease liabilities		23	35
Current portion of program contracts payable		102	97
Other current liabilities		108	346
Total current liabilities		688	1,202
Notes payable, finance leases, and commercial bank financing, less current portion		4,226	12,271
Operating lease liabilities, less current portion		156	205
Program contracts payable, less current portion		12	21
Deferred tax liabilities		465	0
Other long-term liabilities		228	351
Total liabilities	[1]	5,775	14,050
Commitments and contingencies (See Note 6)
Redeemable noncontrolling interests		190	197
Shareholders' equity:
Additional paid-in capital		623	691
Retained earnings (accumulated deficit)		84	(2,460)
Accumulated other comprehensive loss		(2)	(2)
Total Sinclair Broadcast Group shareholders’ equity (deficit)		706	(1,770)
Noncontrolling interests		(66)	64
Total equity (deficit)		640	(1,706)
Total liabilities, redeemable noncontrolling interests, and equity		6,605	12,541
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		464	3,904
Other definite-lived intangible assets, net
Current assets:
Definite-lived intangible assets, net		$ 525	$ 1,184

[1] Our consolidated total assets as of September 30, 2022 and December 31, 2021 include total assets of variable interest entities ("VIE") of $113 million and $217 million, respectively, which can only be used to settle the obligations of the VIEs. Our consolidated total liabilities as of September 30, 2022 and December 31, 2021 include total liabilities of VIEs of $18 million and $62 million, respectively, for which the creditors of the VIEs have no recourse to us. See Note 9. Variable Interest Entities.