XML 28 R10.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($)
$ in Millions
Mar. 31, 2024
Dec. 31, 2023
Accounts receivable, allowance for doubtful accounts $ 4 $ 4
Assets [1] 6,038 6,085
Liabilities [1] 5,769 5,864
Sinclair Broadcast Group, LLC    
Accounts receivable, allowance for doubtful accounts 4 4
Assets [2] 4,838 4,837
Liabilities [2] 5,693 5,765
Consolidated VIEs    
Assets 78 85
Liabilities 22 23
Consolidated VIEs | Sinclair Broadcast Group, LLC    
Assets 78 85
Liabilities 22 23
Consolidated VIEs | Nonrecourse    
Liabilities 16 17
Consolidated VIEs | Nonrecourse | Sinclair Broadcast Group, LLC    
Liabilities $ 16 $ 17
[1] Our consolidated total assets as of March 31, 2024 and December 31, 2023 include total assets of variable interest entities ("VIE") of $78 million and $85 million, respectively, which can only be used to settle the obligations of the VIEs. Our consolidated total liabilities as of March 31, 2024 and December 31, 2023 include total liabilities of VIEs of $16 million and $17 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 March 31, 2024 and December 31, 2023 include total assets of variable interest entities ("VIE") of $78 million and $85 million, respectively, which can only be used to settle the obligations of the VIEs. SBG's consolidated total liabilities as of March 31, 2024 and December 31, 2023 include total liabilities of VIEs of $16 million and $17 million, respectively, for which the creditors of the VIEs have no recourse to SBG. See Note 7. Variable Interest Entities.