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VARIABLE INTEREST ENTITIES - Schedule of Variable Interest Entities Assets and Liabilities (Details) - USD ($)
$ in Millions
Mar. 31, 2025
Dec. 31, 2024
Current assets:    
Accounts receivable, net $ 676 $ 637
Other current assets 161 146
Total current assets 1,504 1,485
Property and equipment, net 674 705
Total assets [1] 5,779 5,885
Current liabilities:    
Other current liabilities 93 60
Long-term liabilities:    
Notes payable, finance leases, and commercial bank financing, less current portion 4,166 4,091
Other long-term liabilities 189 195
Total liabilities [1] 5,411 5,369
Consolidated VIEs    
Current assets:    
Accounts receivable, net 18 18
Other current assets 2 3
Total current assets 20 21
Property and equipment, net 8 8
Goodwill and indefinite-lived intangible assets 15 15
Definite-lived intangible assets, net 23 26
Total assets 66 70
Current liabilities:    
Other current liabilities 13 13
Long-term liabilities:    
Notes payable, finance leases, and commercial bank financing, less current portion 5 5
Other long-term liabilities 3 3
Total liabilities 21 21
Sinclair Broadcast Group, LLC    
Current assets:    
Accounts receivable, net 594 582
Other current assets 102 104
Total current assets 1,009 1,006
Property and equipment, net 660 692
Total assets [2] 4,617 4,689
Current liabilities:    
Other current liabilities 84 56
Long-term liabilities:    
Notes payable, finance leases, and commercial bank financing, less current portion 4,166 4,091
Other long-term liabilities 148 149
Total liabilities [2] 5,346 5,315
Sinclair Broadcast Group, LLC | Consolidated VIEs    
Current assets:    
Accounts receivable, net 18 18
Other current assets 2 3
Total current assets 20 21
Property and equipment, net 8 8
Goodwill and indefinite-lived intangible assets 15 15
Definite-lived intangible assets, net 23 26
Total assets 66 70
Current liabilities:    
Other current liabilities 13 13
Long-term liabilities:    
Notes payable, finance leases, and commercial bank financing, less current portion 5 5
Other long-term liabilities 3 3
Total liabilities $ 21 $ 21
[1] Our consolidated total assets as of March 31, 2025 and December 31, 2024 include total assets of variable interest entities (“VIE”) of $66 million and $70 million, respectively, which can only be used to settle the obligations of the VIEs. Our consolidated total liabilities as of March 31, 2025 and December 31, 2024 include total liabilities of VIEs of $15 million and $16 million, respectively, for which the creditors of the VIEs have no recourse to us. See Note 7. Variable Interest Entities.
[2] Sinclair Broadcast Group, LLC’s (“SBG”) consolidated total assets as of March 31, 2025 and December 31, 2024 include total assets of variable interest entities (“VIE”) of $66 million and $70 million, respectively, which can only be used to settle the obligations of the VIEs. SBG’s consolidated total liabilities as of March 31, 2025 and December 31, 2024 include total liabilities of VIEs of $15 million and $16 million, respectively, for which the creditors of the VIEs have no recourse to SBG. See Note 6. Variable Interest Entities.