v3.26.1
SEGMENT DATA - Schedule of Segment Financial Information (Details) - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Dec. 31, 2025
Segment data      
Assets [1] $ 5,776   $ 5,949
Revenue 807 $ 776  
Media programming and production expenses 412 418  
Media selling, general and administrative expenses 214 192  
Depreciation of property and equipment and amortization of definite-lived intangibles and other assets 65 62  
Amortization of program costs 18 19  
Corporate general and administrative expenses 49 52  
(Gain) loss on asset dispositions and other, net 7 8  
Other segment items 15 11  
Operating income 27 14  
Interest expense including amortization of debt discount and deferred financing costs 85 144  
Gain on extinguishment of debt 0 2  
Other income, net (78) (66)  
Loss before income taxes (137) (200)  
Operating Segments | Local Media      
Segment data      
Assets 4,490    
Revenue 701 694  
Media programming and production expenses 382 390  
Media selling, general and administrative expenses 171 170  
Depreciation of property and equipment and amortization of definite-lived intangibles and other assets 60 56  
Amortization of program costs 18 19  
Corporate general and administrative expenses 34 37  
(Gain) loss on asset dispositions and other, net (1) 8  
Other segment items 2 2  
Operating income 35 12  
Interest expense including amortization of debt discount and deferred financing costs 85 144  
Gain on extinguishment of debt   2  
Other income, net 4 3  
Sinclair Broadcast Group, LLC      
Segment data      
Assets [2] 4,596   $ 4,663
Media programming and production expenses 382 390  
Media selling, general and administrative expenses 171 170  
Amortization of program costs 18 19  
Corporate general and administrative expenses 34 37  
(Gain) loss on asset dispositions and other, net (1) 8  
Operating income 35 12  
Interest expense including amortization of debt discount and deferred financing costs 85 144  
Gain on extinguishment of debt 0 2  
Other income, net 4 3  
Loss before income taxes (46) (127)  
Sinclair Broadcast Group, LLC | Operating Segments | Local Media      
Segment data      
Assets 4,537    
Revenue 701 694  
Media programming and production expenses 382 390  
Media selling, general and administrative expenses 171 170  
Depreciation of property and equipment and amortization of definite-lived intangibles and other assets 60 56  
Amortization of program costs 18 19  
Corporate general and administrative expenses 34 37  
(Gain) loss on asset dispositions and other, net (1) 8  
Other segment items 2 2  
Operating income 35 12  
Interest expense including amortization of debt discount and deferred financing costs 85 144  
Gain on extinguishment of debt   2  
Other income, net 4 $ 3  
Sinclair Broadcast Group, LLC | Corporate      
Segment data      
Assets $ 59    
[1] Our consolidated total assets as of March 31, 2026 and December 31, 2025 include total assets of variable interest entities (“VIE”) of $21 million and $30 million, respectively, which can only be used to settle the obligations of the VIEs. Our consolidated total liabilities as of March 31, 2026 and December 31, 2025 include total liabilities of VIEs of $5 million and $8 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, 2026 and December 31, 2025 include total assets of variable interest entities (“VIE”) of $21 million and $30 million, respectively, which can only be used to settle the obligations of the VIEs. SBG’s consolidated total liabilities as of March 31, 2026 and December 31, 2025 include total liabilities of VIEs of $5 million and $8 million, respectively, for which the creditors of the VIEs have no recourse to SBG. See Note 6. Variable Interest Entities.