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CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($)
$ in Millions
Jun. 30, 2023
Jun. 01, 2023
Dec. 31, 2022
Accounts receivable, allowance for doubtful accounts $ 5   $ 5
Assets [1] 6,201   6,704 [2]
Liabilities [1] 5,560   5,829 [2]
Consolidated VIEs      
Assets 78   115
Liabilities 22   26
Consolidated VIEs | Nonrecourse      
Liabilities $ 16   $ 18
Class A Common Stock      
Common stock, par value (in dollars per share) $ 0.01 $ 0.01 $ 0.01
Common stock, shares authorized (in shares) 500,000,000   500,000,000
Common stock, shares issued (in shares) 39,274,843   45,847,879
Common stock, shares outstanding (in shares) 39,274,843   45,847,879
Class B Common Stock      
Common stock, par value (in dollars per share) $ 0.01 $ 0.01 $ 0.01
Common stock, shares authorized (in shares) 140,000,000   140,000,000
Common stock, shares issued (in shares) 23,775,056   23,775,056
Common stock, shares outstanding (in shares) 23,775,056   23,775,056
[1] Our consolidated total assets as of June 30, 2023 and December 31, 2022 include total assets of variable interest entities ("VIE") of $78 million and $115 million, respectively, which can only be used to settle the obligations of the VIEs. Our consolidated total liabilities as of June 30, 2023 and December 31, 2022 include total liabilities of VIEs of $16 million and $18 million, respectively, for which the creditors of the VIEs have no recourse to us. See Note 8. Variable Interest Entities.
[2] SBG's consolidated total assets as of June 30, 2023 and December 31, 2022 include total assets of variable interest entities ("VIE") of $78 million and $115 million, respectively, which can only be used to settle the obligations of the VIEs. SBG's consolidated total liabilities as of June 30, 2023 and December 31, 2022 include total liabilities of VIEs of $16 million and $18 million, respectively, for which the creditors of the VIEs have no recourse to SBG. See Note 7. Variable Interest Entities.