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CONSOLIDATED STATEMENTS OF MEMBER'S EQUITY (DEFICIT) AND REDEEMABLE NONCONTROLLING INTERESTS - USD ($)
$ in Millions
Total
Class A Common Stock
Class B Common Stock
Common Stock
Class A Common Stock
Common Stock
Class B Common Stock
Additional Paid-In Capital
Retained Earnings (Accumulated Deficit)
Accumulated Other Comprehensive Income (Loss)
Noncontrolling Interests
Sinclair Broadcast Group, LLC
Sinclair Broadcast Group, LLC
Common Stock
Class A Common Stock
Sinclair Broadcast Group, LLC
Common Stock
Class B Common Stock
Sinclair Broadcast Group, LLC
Additional Paid-In Capital
Sinclair Broadcast Group, LLC
Retained Earnings (Accumulated Deficit)
Sinclair Broadcast Group, LLC
Accumulated Other Comprehensive Income (Loss)
Sinclair Broadcast Group, LLC
Noncontrolling Interests
Beginning balance at Dec. 31, 2022 $ 194                 $ 194            
Increase (Decrease) in Temporary Equity                                
Repurchase of redeemable subsidiary preferred equity (190)                 (190)            
Net (loss) income (4)                 (4)            
Ending balance at Sep. 30, 2023 0                 0            
Beginning balance (in shares) at Dec. 31, 2022       45,847,879 23,775,056           45,847,879 23,775,056        
Beginning balance at Dec. 31, 2022 681     $ 1 $ 0 $ 624 $ 122 $ 1 $ (67) 681 $ 1 $ 0 $ 624 $ 122 $ 1 $ (67)
Increase (Decrease) in Stockholders' Equity                                
Dividends declared and paid on Old Sinclair Class A and Class B Common Stock (50)           (50)     (18)       (18)    
Repurchases of Old Sinclair Class A Common Stock (in shares)       (8,785,022)             (8,785,022)          
Repurchases of Old Sinclair Class A Common Stock (153)         (153)       (153)     (153)      
Old Sinclair Class A Common Stock issued pursuant to employee benefit plans (in shares)       2,586,402             2,274,558          
Old Sinclair Class A Common Stock issued pursuant to employee benefit plans 43         43       40     40      
Old Sinclair Class A and Class B Common Stock converted to SBG member's equity (in shares)                     (39,337,415) (23,775,056)        
Old Sinclair Class A and Class B Common Stock converted to SBG member's equity                   (1) $ 1          
Deemed dividend to parent                   (1,138)     (511) (626)   (1)
Distribution to parent                   (52)       (52)    
Distributions to noncontrolling interests (10)               (10) (10)           (10)
Other comprehensive income (loss) 8             8   8         8  
Net (loss) income 65           50   15 77       62   15
Ending balance (in shares) at Sep. 30, 2023       39,649,259 23,775,056           0 0        
Ending balance at Sep. 30, 2023 584     $ 1 $ 0 514 122 9 (62) (566) $ 0 $ 0 0 (512) 9 (63)
Increase (Decrease) in Temporary Equity                                
Net (loss) income 0                 0            
Ending balance at Sep. 30, 2023 0                 0            
Beginning balance (in shares) at Jun. 30, 2023       39,274,843 23,775,056                      
Beginning balance at Jun. 30, 2023 641     $ 1 $ 0 510 184 7 (61) (472)       (418) 7 (61)
Increase (Decrease) in Stockholders' Equity                                
Dividends declared and paid on Old Sinclair Class A and Class B Common Stock (16)           (16)                  
Old Sinclair Class A Common Stock issued pursuant to employee benefit plans (in shares)       374,416                        
Old Sinclair Class A Common Stock issued pursuant to employee benefit plans 4         4                    
Deemed dividend to parent                   (20)       (20)    
Distribution to parent                   (52)       (52)    
Distributions to noncontrolling interests (2)               (2) (3)           (3)
Other comprehensive income (loss) 2             2   2         2  
Net (loss) income (45)           (46)   1 (21)       (22)   1
Ending balance (in shares) at Sep. 30, 2023       39,649,259 23,775,056           0 0        
Ending balance at Sep. 30, 2023 584     $ 1 $ 0 514 122 9 (62) (566) $ 0 $ 0 $ 0 (512) 9 (63)
Increase (Decrease) in Temporary Equity                                
Net (loss) income 0                 0            
Beginning balance (in shares) at Dec. 31, 2023   39,737,682 23,775,056 39,737,682 23,775,056                      
Beginning balance at Dec. 31, 2023 221     $ 1 $ 0 517 (234) 1 (64) (928)       (865) 1 (64)
Increase (Decrease) in Stockholders' Equity                                
Dividends declared and paid on Old Sinclair Class A and Class B Common Stock (49)           (49)                  
Old Sinclair Class A Common Stock issued pursuant to employee benefit plans (in shares)       2,846,408                        
Old Sinclair Class A Common Stock issued pursuant to employee benefit plans 48         48                    
Distributions to member, net/ Contributions from member, net                   104       104    
Distributions to noncontrolling interests (8)               (8) (8)           (8)
Other comprehensive income (loss) (3)             (3)   (3)         (3)  
Net (loss) income 140           134   6 92       87   5
Ending balance (in shares) at Sep. 30, 2024   42,584,090 23,775,056 42,584,090 23,775,056                      
Ending balance at Sep. 30, 2024 349     $ 1 $ 0 565 (149) (2) (66) (743)       (674) (2) (67)
Increase (Decrease) in Temporary Equity                                
Net (loss) income 0                 0            
Beginning balance (in shares) at Jun. 30, 2024       42,505,771 23,775,056                      
Beginning balance at Jun. 30, 2024 275     $ 1 $ 0 560 (227) 6 (65) (774)       (714) 6 (66)
Increase (Decrease) in Stockholders' Equity                                
Dividends declared and paid on Old Sinclair Class A and Class B Common Stock (16)           (16)                  
Old Sinclair Class A Common Stock issued pursuant to employee benefit plans (in shares)       78,319                        
Old Sinclair Class A Common Stock issued pursuant to employee benefit plans 5         5                    
Distributions to member, net/ Contributions from member, net                   (40)       (40)    
Distributions to noncontrolling interests (3)               (3) (3)           (3)
Other comprehensive income (loss) (8)             (8)   (8)         (8)  
Net (loss) income 96           94   2 82       80   2
Ending balance (in shares) at Sep. 30, 2024   42,584,090 23,775,056 42,584,090 23,775,056                      
Ending balance at Sep. 30, 2024 $ 349     $ 1 $ 0 $ 565 $ (149) $ (2) $ (66) $ (743)       $ (674) $ (2) $ (67)