v3.25.1
Summary of Significant Accounting Policies - Consolidated VIEs (Details) - USD ($)
$ in Millions
Mar. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 253 $ 144
Accounts receivable, net 1,030 1,028
Prepaid expenses and other current assets 49 41
Total current assets 1,402 1,297
Property and equipment, net 1,200 1,207
Goodwill 2,924 2,922
FCC licenses 2,949 2,929
Intangible assets, net 1,778 1,847
Other noncurrent assets, net 386 389
Total assets [1] 11,414 11,468
Current liabilities:    
Current portion of debt 124 124
Interest payable 43 56
Other current liabilities 131 78
Total current liabilities 805 783
Debt 6,371 6,399
Deferred tax liabilities 1,471 1,487
Other noncurrent liabilities 517 531
Total liabilities [1] 9,164 9,200
Network affiliation agreements, net [Member]    
Current assets:    
Intangible assets, net 1,447 1,494
Consolidated VIEs [Member]    
Current assets:    
Cash and cash equivalents 6 7
Accounts receivable, net 26 26
Prepaid expenses and other current assets 5 4
Total current assets 37 37
Property and equipment, net 52 52
Goodwill 151 151
FCC licenses 200 200
Other noncurrent assets, net 61 63
Total assets 558 562
Current liabilities:    
Current portion of debt 3 3
Other current liabilities 39 37
Total current liabilities 42 40
Debt 347 348
Deferred tax liabilities 40 41
Other noncurrent liabilities 69 72
Total liabilities 498 501
Consolidated VIEs [Member] | Network affiliation agreements, net [Member]    
Current assets:    
Intangible assets, net 57 59
Non Guarantor VIEs [Member]    
Current assets:    
Total current assets 4 3
Property and equipment, net 10 10
Goodwill 62 62
FCC licenses 200 200
Other noncurrent assets, net 3 3
Total assets 297 297
Current liabilities:    
Total current liabilities 37 35
Noncurrent liabilities 109 113
Total liabilities 146 148
Non Guarantor VIEs [Member] | Network affiliation agreements, net [Member]    
Current assets:    
Intangible assets, net $ 18 $ 19
[1] The condensed consolidated total assets as of March 31, 2025 and December 31, 2024 include certain assets held by consolidated VIEs of $297 million and $297 million, respectively, which are not available to be used to settle the obligations of Nexstar. The condensed consolidated total liabilities as of March 31, 2025 and December 31, 2024 include certain liabilities of consolidated VIEs of $146 million and $148 million, respectively, for which the creditors of the VIEs have no recourse to the general credit of Nexstar. See Note 2 for additional information.