Las Vegas Sands (LVS) 10-K 7 Feb 20 2019 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2019	Feb. 04, 2020	Jun. 28, 2019
Cover page.
Document type	10-K
Document annual report	true
Document period end date	Dec. 31, 2019
Document transition report	false
Entity file number	001-32373
Entity registrant name	LAS VEGAS SANDS CORP.
Entity incorporation, state or country code	NV
Entity tax identification number	27-0099920
Entity address, address line one	3355 Las Vegas Boulevard South
Entity address, city or town	Las Vegas,
Entity address, state or province	NV
Entity address, postal zip code	89109
City area code	702
Local phone number	414-1000
Title of 12(b) security	Common Stock ($0.001 par value)
Trading symbol	LVS
Security exchange name	NYSE
Entity well-known seasoned issuer	Yes
Entity voluntary filers	No
Entity current reporting status	Yes
Entity interactive data current	Yes
Entity filer category	Large Accelerated Filer
Entity small business	false
Entity emerging growth company	false
Entity shell company	false
Entity public float			$ 19,894,504,221
Entity common stock, shares outstanding		763,684,915
Documents incorporated by reference	Portions of the definitive Proxy Statement to be used in connection with the registrant's 2020 Annual Meeting of Stockholders are incorporated into Part III (Item 10 through Item 14) of this Annual Report on Form 10-K.
Entity central index key	0001300514
Current fiscal year end date	--12-31
Document fiscal year focus	2019
Document fiscal period focus	FY
Amendment flag	false

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Dec. 31, 2019	Dec. 31, 2018
Current assets:
Cash and cash equivalents	$ 4,226	$ 4,648
Restricted cash and cash equivalents	16	13
Accounts receivable, net	844	726
Inventories	37	35
Prepaid expenses and other	182	144
Total current assets	5,305	5,566
Property and equipment, net	14,844	15,154
Deferred income taxes, net	282	368
Leasehold interests in land, net	2,272	1,198
Intangible assets, net	42	72
Other assets, net	454	189
Total assets	23,199	22,547
Current liabilities:
Accounts payable	149	178
Construction payables	334	189
Other accrued liabilities	2,396	2,435
Income taxes payable	275	244
Current maturities of long-term debt	70	111
Total current liabilities	3,224	3,157
Other long-term liabilities	513	179
Deferred income taxes	183	191
Deferred amounts related to mall sale transactions	350	401
Long-term debt	12,422	11,874
Total liabilities	16,692	15,802
Commitments and contingencies (Note 15)
Equity:
Preferred stock, $0.001 par value, 50 shares authorized, zero shares issued and outstanding	0	0
Common stock, $0.001 par value, 1,000 shares authorized, 833 and 832 shares issued, 764 and 775 shares outstanding	1	1
Treasury stock, at cost, 69 and 57 shares	(4,481)	(3,727)
Capital in excess of par value	6,569	6,680
Accumulated other comprehensive loss	(3)	(40)
Retained earnings	3,101	2,770
Total Las Vegas Sands Corp. stockholders' equity	5,187	5,684
Noncontrolling interests	1,320	1,061
Total equity	6,507	6,745
Total liabilities and equity	$ 23,199	$ 22,547

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Dec. 31, 2019	Dec. 31, 2018
Statement of Financial Position [Abstract]
Preferred stock, par value (in usd per share)	$ 0.001	$ 0.001
Preferred stock, shares authorized	50,000,000	50,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value (in usd per share)	$ 0.001	$ 0.001
Common stock, shares authorized	1,000,000,000	1,000,000,000
Common stock, shares issued	833,000,000	832,000,000
Common stock, shares outstanding	764,000,000	775,000,000
Treasury stock, shares	69,000,000	57,000,000

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Millions, $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Revenues:
Net revenues	$ 13,739	$ 13,729	$ 12,728
Operating expenses:
Provision for doubtful accounts	30	5	96
General and administrative	1,502	1,483	1,417
Corporate	313	202	173
Pre-opening	34	6	8
Development	24	12	13
Depreciation and amortization	1,165	1,111	1,171
Amortization of leasehold interests in land	51	35	37
Loss on disposal or impairment of assets	90	150	20
Total operating expenses	10,041	9,978	9,264
Operating income	3,698	3,751	3,464
Other income (expense):
Interest income	74	59	16
Interest expense, net of amounts capitalized	(555)	(446)	(327)
Other income (expense)	23	26	(94)
Gain on sale of Sands Bethlehem	556	0	0
Loss on modification or early retirement of debt	(24)	(64)	(5)
Income before income taxes	3,772	3,326	3,054
Income tax (expense) benefit	(468)	(375)	209
Net income	3,304	2,951	3,263
Net income attributable to noncontrolling interests	(606)	(538)	(455)
Net income attributable to Las Vegas Sands Corp.	$ 2,698	$ 2,413	$ 2,808
Earnings per share:
Basic (in usd per share)	$ 3.50	$ 3.07	$ 3.55
Diluted (in usd per share)	$ 3.50	$ 3.07	$ 3.55
Weighted average shares outstanding:
Basic (in shares)	771	786	792
Diluted (in shares)	771	786	792
Casino [Member]
Revenues:
Net revenues	$ 9,828	$ 9,819	$ 9,086
Operating expenses:
Cost of revenue	5,304	5,448	4,876
Rooms [Member]
Revenues:
Net revenues	1,752	1,733	1,586
Operating expenses:
Cost of revenue	444	438	411
Food and Beverage [Member]
Revenues:
Net revenues	897	865	828
Operating expenses:
Cost of revenue	702	673	640
Mall [Member]
Revenues:
Net revenues	716	690	651
Operating expenses:
Cost of revenue	78	79	77
Convention, Retail and Other [Member]
Revenues:
Net revenues	546	622	577
Operating expenses:
Cost of revenue	$ 304	$ 336	$ 325

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Statement of Comprehensive Income [Abstract]
Net income	$ 3,304	$ 2,951	$ 3,263
Currency translation adjustment	42	(58)	125
Total comprehensive income	3,346	2,893	3,388
Comprehensive income attributable to noncontrolling interests	(611)	(534)	(447)
Comprehensive income attributable to Las Vegas Sands Corp.	$ 2,735	$ 2,359	$ 2,941

CONSOLIDATED STATEMENTS OF EQUI

CONSOLIDATED STATEMENTS OF EQUITY - USD ($) $ in Millions	Total	Common Stock [Member]	Treasury Stock [Member]	Capital in Excess of Par Value [Member]	Accumulated Other Comprehensive Income (Loss)	Retained Earnings [Member]	Noncontrolling Interests [Member]
Beginning balance at Dec. 31, 2016	$ 7,486	$ 1	$ (2,443)	$ 6,516	$ (119)	$ 2,213	$ 1,318
Cumulative effect adjustment from change in accounting principle (Accounting Standards Update 2016-09 [Member]) at Dec. 31, 2016				3		(2)	(1)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	3,263					2,808	455
Currency translation adjustment	125				133		(8)
Exercise of stock options	40			35			5
Conversion of equity awards to liability awards	(4)			(3)			(1)
Stock-based compensation	34			29			5
Repurchase of common stock	(375)		(375)
Dividends declared and noncontrolling interest payments	(2,942)					(2,310)	(632)
Ending balance at Dec. 31, 2017	7,627	1	(2,818)	6,580	14	2,709	1,141
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	2,951					2,413	538
Currency translation adjustment	(58)				(54)		(4)
Exercise of stock options	79		(4)	74			9
Stock-based compensation	30			26			4
Repurchase of common stock	(905)		(905)
Dividends declared and noncontrolling interest payments	(2,979)					(2,352)	(627)
Ending balance at Dec. 31, 2018	6,745	1	(3,727)	6,680	(40)	2,770	1,061
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	3,304					2,698	606
Currency translation adjustment	42				37		5
Exercise of stock options	54			43			11
Stock-based compensation	35			31			4
Disposition of interest in majority-owned subsidiary, net of taxes	81			(185)			266
Repurchase of common stock	(754)		(754)
Dividends declared and noncontrolling interest payments	(3,000)					(2,367)	(633)
Ending balance at Dec. 31, 2019	$ 6,507	$ 1	$ (4,481)	$ 6,569	$ (3)	$ 3,101	$ 1,320

CONSOLIDATED STATEMENTS OF EQ_2

CONSOLIDATED STATEMENTS OF EQUITY (Parenthetical) - $ / shares	Dec. 26, 2019	Sep. 26, 2019	Jun. 27, 2019	Mar. 28, 2019	Dec. 27, 2018	Sep. 27, 2018	Jun. 28, 2018	Mar. 30, 2018	Dec. 29, 2017	Sep. 29, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Statement of Stockholders' Equity [Abstract]
Common stock, dividends declared (per share)	$ 0.77	$ 0.77	$ 0.77	$ 0.77	$ 0.75	$ 0.75	$ 0.75	$ 0.75	$ 0.73	$ 0.73	$ 0.73	$ 0.73	$ 3.08	$ 3	$ 2.92

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Cash flows from operating activities:
Net income	$ 3,304	$ 2,951	$ 3,263
Adjustments to reconcile net income to net cash generated from operating activities:
Depreciation and amortization	1,165	1,111	1,171
Amortization of leasehold interests in land	51	35	37
Amortization of deferred financing costs and original issue discount	33	35	42
Amortization of deferred gain on mall sale transactions	(5)	(5)	(4)
Loss on modification or early retirement of debt	24	64	5
Loss on disposal or impairment of assets	82	149	20
Gain on sale of Sands Bethlehem	(556)	0	0
Stock-based compensation expense	35	30	34
Provision for doubtful accounts	30	5	96
Foreign exchange (gain) loss	(21)	(26)	53
Deferred income taxes	157	113	(497)
Changes in operating assets and liabilities:
Accounts receivable	(150)	(119)	83
Other assets	(63)	(25)	26
Leasehold interests in land	(969)	(15)	(4)
Accounts payable	(26)	8	40
Other liabilities	(53)	390	178
Net cash generated from operating activities	3,038	4,701	4,543
Cash flows from investing activities:
Net proceeds from sale of Sands Bethlehem	1,161	0	0
Capital expenditures	(1,216)	(949)	(837)
Proceeds from disposal of property and equipment	5	19	15
Acquisition of intangible assets	(53)	0	0
Net cash used in investing activities	(103)	(930)	(822)
Cash flows from financing activities:
Proceeds from exercise of stock options	54	79	40
Repurchase of common stock	(754)	(905)	(375)
Dividends paid and noncontrolling interest payments	(3,000)	(2,979)	(2,943)
Proceeds from long-term debt (Note 8)	4,000	7,593	654
Repayments of long-term debt (Note 8)	(3,536)	(5,178)	(858)
Payments of financing costs	(132)	(132)	(5)
Net cash used in financing activities	(3,368)	(1,522)	(3,487)
Effect of exchange rate on cash, cash equivalents and restricted cash	14	(18)	58
Increase (decrease) in cash, cash equivalents and restricted cash and cash equivalents	(419)	2,231	292
Cash, cash equivalents and restricted cash and cash equivalents at beginning of year	4,661	2,430	2,138
Cash, cash equivalents and restricted cash and cash equivalents at end of year	$ 4,242	$ 4,661	$ 2,430

CONSOLIDATED STATEMENTS OF CA_2

CONSOLIDATED STATEMENTS OF CASH FLOWS SUPPLEMENTAL DISCLOSURES - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Supplemental disclosure of cash flow information:
Cash payments for interest, net of amounts capitalized	$ 462	$ 326	$ 269
Cash payments for taxes, net of refunds	253	264	230
Changes in construction payables	$ 145	$ 37	$ (232)

Organization and Business of Co

Organization and Business of Company	12 Months Ended
	Dec. 31, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization and Business of Company	Organization and Business of Company Las Vegas Sands Corp. ("LVSC" or together with its subsidiaries, the "Company") is incorporated in Nevada and its common stock is traded on the New York Stock Exchange under the symbol "LVS." The ordinary shares of the Company's subsidiary, Sands China Ltd. ("SCL," the indirect owner and operator of the majority of the Company's operations in the Macao Special Administrative Region ("Macao") of the People's Republic of China) are listed on The Main Board of The Stock Exchange of Hong Kong Limited ("SEHK"). The shares were not, and will not be, registered under the Securities Act of 1933, as amended, and may not be offered or sold in the U.S. absent a registration under the Securities Act of 1933, as amended, or an applicable exception from such registration requirements. Operations The Company is a developer of destination properties ("Integrated Resorts") that feature premium accommodations, world-class gaming, entertainment and retail malls, convention and exhibition facilities, celebrity chef restaurants and other amenities. Macao The Company currently owns 70.0% of SCL, which includes the operations of The Venetian Macao Resort Hotel ("The Venetian Macao"), Sands Cotai Central, The Parisian Macao, The Plaza Macao and Four Seasons Hotel Macao, Cotai Strip (the "Four Seasons Hotel Macao"), Sands Macao and other ancillary operations that support these properties, as further discussed below. The Company operates the gaming areas within these properties pursuant to a 20 -year gaming subconcession agreement, which expires in June 2022. The Company owns and operates The Venetian Macao, which anchors the Cotai Strip, the Company's master-planned development of Integrated Resorts on an area of approximately 140 acres in Macao. The Venetian Macao includes a 39 -floor luxury hotel with over 2,900 suites; approximately 374,000 square feet of gaming space; a 15,000 -seat arena; an 1,800 -seat theater; a Paiza Club, a mall with retail and dining space of approximately 943,000 square feet; and a convention center and meeting room complex of approximately 1.2 million square feet. The Company owns the Sands Cotai Central, an Integrated Resort situated across the street from The Venetian Macao, The Parisian Macao and The Plaza Macao and Four Seasons Hotel Macao. The Sands Cotai Central opened in phases, beginning in April 2012. The property features four hotel towers: the first hotel tower, consisting of approximately 650 rooms and suites under the Conrad brand and approximately 600 London-themed suites upon completion of The Londoner Macao Hotel; the second hotel tower, consisting of approximately 1,800 rooms and suites under the Sheraton brand; the third hotel tower, consisting of approximately 2,100 rooms and suites under the Sheraton brand; and the fourth hotel tower, consisting of approximately 400 rooms and suites under the St. Regis brand. Within Sands Cotai Central, the Company also owns and currently operates approximately 367,000 square feet of gaming space, approximately 369,000 square feet of meeting space and approximately 525,000 square feet of retail space, as well as entertainment and dining facilities. The Company owns The Parisian Macao, an Integrated Resort connected to The Venetian Macao and The Plaza Macao and Four Seasons Hotel Macao, which includes approximately 253,000 square feet of gaming space. The Parisian Macao also features approximately 2,500 rooms and suites; approximately 296,000 square feet of retail and dining space; a meeting room complex of approximately 63,000 square feet; and a 1,200 -seat theater. The Company owns The Plaza Macao and Four Seasons Hotel Macao, which features 360 rooms and suites managed and operated by Four Seasons Hotels Inc. and is located adjacent and connected to The Venetian Macao. Within the Integrated Resort, the Company owns and operates the Plaza Casino, which features approximately 105,000 square feet of gaming space; 19 Paiza mansions; retail space of approximately 242,000 square feet, which is connected to the mall at The Venetian Macao; several food and beverage offerings; and conference, banquet and other facilities. The Company owns and operates the Sands Macao, the first Las Vegas-style casino in Macao. The Sands Macao offers approximately 213,000 square feet of gaming space and a 289 -suite hotel tower, as well as several restaurants, VIP facilities, a theater and other high-end services and amenities. Singapore The Company owns and operates the Marina Bay Sands in Singapore ("MBS"), which features three 55 -story hotel towers (totaling approximately 2,600 rooms and suites), the Sands SkyPark (which sits atop the hotel towers and features an infinity swimming pool and several dining options), approximately 160,000 square feet of gaming space, an enclosed retail, dining and entertainment complex of approximately 800,000 net leasable square feet, a convention center and meeting room complex of approximately 1.2 million square feet, a theater and a landmark iconic structure at the bay-front promenade that contains an art/science museum. The Company recently announced an expansion project at Marina Bay Sands, as further described below. United States Las Vegas The Company owns and operates The Venetian Resort Hotel Casino ("The Venetian Resort Las Vegas"), with three hotel towers, which include The Venetian Tower, a Renaissance Venice-themed resort; the adjoining Venezia Tower; The Palazzo Tower, a resort featuring modern European ambience and design; and an expo and convention center of approximately 1.2 million square feet (the "Sands Expo Center," together with The Venetian Resort Las Vegas, the "Las Vegas Operating Properties"). The Las Vegas Operating Properties, situated on the Las Vegas Strip, is an Integrated Resort with approximately 7,100 suites; approximately 225,000 square feet of gaming space; 2.3 million gross square feet of state-of-the-art exhibition and meeting facilities that can be configured to provide small, mid-size or large meeting rooms and/or accommodate large-scale multi-media events or trade shows. The Company is working with Madison Square Garden Company to bring a 400,000 -square-foot venue built specifically for music and entertainment to Las Vegas. Madison Square Garden is currently building the MSG Sphere at The Venetian, an 18,000 -seat venue, which will be located near, with connectivity to, the Las Vegas Operating Properties and is currently expected to open in 2021. Pennsylvania The Company previously owned and operated the Sands Casino Resort Bethlehem (the "Sands Bethlehem") in Bethlehem, Pennsylvania. On May 31, 2019, the Company closed the sale of Sands Bethlehem and received $1.16 billion in net cash proceeds and recorded a gain on the sale of $556 million . As there is no continuing involvement between the Company and Sands Bethlehem, the Company accounted for the transaction as a sale of a business. The Company concluded Sands Bethlehem does not have a material impact on the Company's overall operations or its consolidated financial results. Subsequent Events In early January 2020, an outbreak of a respiratory illness caused by a novel coronavirus was identified in Wuhan, Hubei Province, China. On February 4, 2020, the Macao government announced the suspension of casino operations from February 5, 2020. Additionally, there are travel restrictions such as those related to the China Individual Visit Scheme to Macao, the Hong Kong Macao Ferry Terminal closure and other countries restricting inbound travel from mainland China. The duration and intensity of this global health emergency and related disruptions is uncertain, including potential broader impacts outside of China if travel and visitation continues to be restricted and there is a resulting decline in Chinese tourist spending in Singapore or Las Vegas. Given the dynamic nature of these circumstances, the related impact on the Company’s operating segments in Macao and our consolidated results of operations, cash flows and financial condition will be material, but cannot be reasonably estimated at this time. Development Projects The Company regularly evaluates opportunities to improve its product offerings, such as refreshing its meeting and convention facilities, suites and rooms, retail malls, restaurant and nightlife mix and its gaming areas, as well as other anticipated revenue generating additions to the Company's Integrated Resorts. Macao The Company previously announced the renovation, expansion and rebranding of the Sands Cotai Central into a new destination Integrated Resort, The Londoner Macao, by adding extensive thematic elements both externally and internally. The Londoner Macao will feature new attractions and features from London, including some of London’s most recognizable landmarks, such as the Houses of Parliament and Big Ben. The expanded retail will be rebranded as the Shoppes at Londoner and a number of new restaurants and bars will be added. The Londoner Tower Suites will add approximately 370 luxury suites. Upon completion of the project, the Holiday Inn-branded rooms and suites will be converted to approximately 600 London-themed suites, referred to as The Londoner Macao Hotel. The Company is utilizing suites as they are completed on a simulation basis for trial and feedback purposes. Construction has commenced and is being phased to minimize disruption during the property’s peak periods. The Company expects The Londoner Tower Suites to be completed in late 2020 and The Londoner Macao project to be completed in phases throughout 2020 and 2021 . The Company also previously announced The Grand Suites at Four Seasons, which will feature approximately 290 additional premium quality suites. The Company has initiated approved gaming operations in this space and is utilizing suites as they are completed on a simulation basis for trial and feedback purposes. The Company expects the project to be completed in the first half of 2020 . The Company anticipates the total costs associated with these development projects to be approximately $2.2 billion . The ultimate costs and completion dates for these projects are subject to change as the Company finalizes its planning and design work and completes the projects. Singapore In April 2019, MBS entered into the Second Development Agreement with the Singapore Tourism Board pursuant to which MBS has agreed to construct a development, which will include a hotel tower with approximately 1,000 rooms and suites, a rooftop attraction, convention and meeting facilities and a state-of-the-art live entertainment arena with approximately 15,000 seats. The Second Development Agreement provides for a total project cost of approximately 4.5 billion Singapore dollar ("SGD," approximately $3.3 billion at exchange rates in effect on December 31, 2019 ), which investment must be completed within eight years from the effective date of the agreement. The amount of the total project cost will be finalized as the Company completes design and development and begins construction. United States The Company was constructing a high-rise residential condominium tower (the "Las Vegas Condo Tower"), located on the Las Vegas Strip within The Venetian Resort Las Vegas. In 2008, the Company suspended construction activities for the project due to reduced demand for Las Vegas Strip condominiums and the overall decline in general economic conditions. The Company continues to evaluate the highest return opportunity for the project. The impact of the suspension on the estimated overall cost of the project is currently not determinable with certainty. Should demand and conditions fail to improve or management decides to abandon the project, the Company could record a charge for some portion of the $129 million in capitalized construction costs (net of depreciation) as of December 31, 2019 . Other

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2019
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Summary of Significant Accounting Policies Principles of Consolidation T he consolidated financial statements include the accounts of the Company, its majority-owned subsidiaries and variable interest entities ("VIEs") in which the Company is the primary beneficiary. All intercompany balances and transactions have been eliminated in consolidation. Use of Estimates The preparation of the consolidated financial statements in conformity with accounting principles generally accepted in the United States of America requires the Company to make estimates and judgments that affect the reported amounts of assets and liabilities, revenues and expenses, and related disclosures of contingent assets and liabilities. These estimates and judgments are based on historical information, information currently available to the Company and on various other assumptions that the Company believes to be reasonable under the circumstances. Actual results could vary from those estimates. Cash and Cash Equivalents Cash and cash equivalents consist of cash and short-term investments with original maturities of less than 90 days. Such investments are carried at cost, which is a reasonable estimate of their fair value. Cash equivalents are placed with high credit quality financial institutions and are primarily in money market funds. Restricted cash represents those amounts contractually reserved for substantial mall-related repairs and maintenance expenditures. The estimated fair value of the Company's cash equivalents is based on level 1 inputs (quoted market prices in active markets). Accounts Receivable and Credit Risk Accounts receivable are comprised of casino, hotel and other receivables, which do not bear interest and are recorded at cost. The Company extends credit to approved casino customers following background checks and investigations of creditworthiness. The Company also extends credit to gaming promoters in Macao, which receivables can be offset against commissions payable to the respective gaming promoters. Business or economic conditions, the legal enforceability of gaming debts, foreign currency control measures or other significant events in foreign countries could affect the collectability of receivables from customers and gaming promoters residing in these countries. The allowance for doubtful accounts represents the Company's best estimate of the amount of probable credit losses in the Company's existing accounts receivable. The Company determines the allowance based on an analysis of the collectability of each account with a balance over a specified dollar amount, based upon the age of the account, the customer's financial condition, collection history and any other known information, and the Company applies standard reserve percentages to aged account balances under the specified dollar amount. The Company also monitors regional and global economic conditions and forecasts in its evaluation of the adequacy of the recorded reserves. Account balances are charged off against the allowance when the Company believes it is probable the receivable will not be recovered. Management believes there are no concentrations of credit risk for which an allowance has not been established. Although management believes the allowance is adequate, it is possible the estimated amount of cash collections with respect to accounts receivable could change. Inventories Inventories consist primarily of food, beverage, retail products and operating supplies, which are stated at the lower of cost or net realizable value. Cost is determined by the weighted average and specific identification methods. Property and Equipment Property and equipment are stated at cost, net of accumulated depreciation and amortization, and accumulated impairment losses, if any. Depreciation and amortization are provided on a straight-line basis over the estimated useful lives of the assets, which do not exceed the lease term for leasehold improvements, as follows: Land improvements, building and building improvements 10 to 50 years Furniture, fixtures and equipment 3 to 20 years Leasehold improvements 3 to 15 years Transportation 5 to 20 years The estimated useful lives are based on the nature of the assets as well as current operating strategy and legal considerations, such as contractual life, and are periodically reviewed. Future events, such as property expansions, property developments, new competition or new regulations, could result in a change in the manner in which the Company uses certain assets requiring a change in the estimated useful lives of such assets. Maintenance and repairs that neither materially add to the value of the asset nor appreciably prolong its life are charged to expense as incurred. Gains or losses on disposition of property and equipment are included in the consolidated statements of operations. The Company evaluates its property and equipment and other long-lived assets for impairment in accordance with related accounting standards. For assets to be disposed of, the Company recognizes the asset to be sold at the lower of carrying value or fair value less costs of disposal. Fair value for assets to be disposed of is estimated based on comparable asset sales, solicited offers or a discounted cash flow model. Fixed assets are reviewed for impairment whenever indicators of impairment exist. Determining the recoverability of the Company's asset groups is judgmental in nature and requires the use of significant estimates and assumptions, including estimated cash flows, probability weighting of potential scenarios, costs to complete construction for assets under development, growth rates and future market conditions, among others. Future changes to the Company's estimates and assumptions based upon changes in macro-economic factors, regulatory environments, operating results or management's intentions may result in future changes to the recoverability of these asset groups. Leases Management determines if a contract is, or contains, a lease at inception or modification of a contract. A contract is, or contains, a lease if the contract conveys the right to control the use of an identified asset for a period in exchange for consideration. Control over the use of the identified asset means the lessee has both (a) the right to obtain substantially all of the economic benefits from the use of the asset and (b) the right to direct the use of the asset. Finance and operating lease right-of-use ("ROU") assets and liabilities are recognized based on the present value of future minimum lease payments over the expected lease term at commencement date. As the implicit rate is not determinable in most of the Company’s leases, management uses the Company’s incremental borrowing rate based on the information available at commencement date in determining the present value of future payments. The expected lease terms include options to extend or terminate the lease when it is reasonably certain the Company will exercise such option. Lease expense for minimum lease payments is recognized on a straight-line basis over the expected lease term. The Company’s lease arrangements have lease and non-lease components. For leases in which the Company is the lessee, the Company accounts for the lease components and non-lease components as a single lease component for all classes of underlying assets (primarily real estate). Leases in which the Company is the lessor are substantially all accounted for as operating leases and the lease components and non-lease components are accounted for separately. Leases with an expected term of 12 months or less are not accounted for on the balance sheet and the related lease expense is recognized on a straight-line basis over the expected lease term. Capitalized Interest and Internal Costs Interest costs associated with major construction projects are capitalized and included in the cost of the projects. When no debt is incurred specifically for construction projects, interest is capitalized on amounts expended using the weighted average cost of the Company's outstanding borrowings. Capitalization of interest ceases when the project is substantially complete or construction activity is suspended for more than a brief period. During the years ended December 31, 2019 , 2018 and 2017 , the Company capitalized $9 million , $3 million and $2 million , respectively, of interest expense. During the years ended December 31, 2019 , 2018 and 2017 , the Company capitalized approximately $34 million , $31 million and $24 million , respectively, of internal costs, consisting primarily of compensation expense for individuals directly involved with the development and construction of property. Deferred Financing Costs and Original Issue Discounts Certain direct and incremental costs and discounts incurred in obtaining loans are capitalized and amortized to interest expense based on the terms of the related debt instruments using the effective interest method. Leasehold Interests in Land Leasehold interests in land represent payments for the use of land over an extended period of time. The leasehold interests in land are amortized on a straight-line basis over the expected term of the related lease agreements. Revenue Recognition Revenue from contracts with customers primarily consists of casino wagers, room sales, food and beverage transactions, rental income from the Company’s mall tenants, convention sales and entertainment and ferry ticket sales. These contracts can be written, oral or implied by customary business practices. Gross casino revenue is the aggregate of gaming wins and losses. The commissions rebated to gaming promoters and premium players for rolling play, cash discounts and other cash incentives to patrons related to gaming play are recorded as a reduction to gross casino revenue. Gaming contracts include a performance obligation to honor the patron’s wager and typically include a performance obligation to provide a product or service to the patron on a complimentary basis to incentivize gaming or in exchange for points earned under the Company’s loyalty programs. For wagering contracts that include complimentary products and services provided by the Company to incentivize gaming, the Company allocates the relative stand-alone selling price of each product and service to the respective revenue type. Complimentary products or services provided under the Company's control and discretion, which are supplied by third parties, are recorded as an operating expense. For wagering contracts that include products and services provided to a patron in exchange for points earned under the Company’s loyalty programs, the Company allocates the estimated fair value of the points earned to the loyalty program liability. The loyalty program liability is a deferral of revenue until redemption occurs. Upon redemption of loyalty program points for Company-owned products and services, the stand-alone selling price of each product or service is allocated to the respective revenue type. For redemptions of points with third parties, the redemption amount is deducted from the loyalty program liability and paid directly to the third party. Any discounts received by the Company from the third party in connection with this transaction are recorded to other revenue. After allocation to the other revenue types for products and services provided to patrons as part of a wagering contract, the residual amount is recorded to casino revenue as soon as the wager is settled. As all wagers have similar characteristics, the Company accounts for its gaming contracts collectively on a portfolio basis versus an individual basis. Hotel revenue recognition criteria are met at the time of occupancy. Food and beverage revenue recognition criteria are met at the time of service. Convention revenues are recognized when the related service is rendered or the event is held. Deposits for future hotel occupancy, convention space or food and beverage services contracts are recorded as deferred revenue until the revenue recognition criteria are met. Cancellation fees for convention contracts are recognized upon cancellation by the customer and are included in other revenues. Ferry and entertainment revenue recognition criteria are met at the completion of the ferry trip or event, respectively. Revenue from contracts with a combination of these services is allocated pro rata based on each service’s relative stand-alone selling price. Revenue from leases is primarily recorded to mall revenue and is generated from base rents and overage rents received through long-term leases with retail tenants. Base rent, adjusted for contractual escalations, is recognized on a straight-line basis over the term of the related lease. Overage rent is paid by a tenant when its sales exceed an agreed upon minimum amount and is not recognized by the Company until the threshold is met. Contract and Contract Related Liabilities The Company provides numerous products and services to its customers. There is often a timing difference between the cash payment by the customers and recognition of revenue for each of the associated performance obligations. The Company has the following main types of liabilities associated with contracts with customers: (1) outstanding chip liability, (2) loyalty program liability and (3) customer deposits and other deferred revenue for gaming and non-gaming products and services yet to be provided. The outstanding chip liability represents the collective amounts owed to gaming promoters and patrons in exchange for gaming chips in their possession. Outstanding chips are expected to be recognized as revenue or redeemed for cash within one year of being purchased. The loyalty program liability represents a deferral of revenue until patron redemption of points earned. The loyalty program points are expected to be redeemed and recognized as revenue within one year of being earned. Customer deposits and other deferred revenue represent cash deposits made by customers for future services provided by the Company. With the exception of mall deposits, which typically extend beyond a year based on the terms of the lease, the majority of these customer deposits and other deferred revenue are expected to be recognized as revenue or refunded to the customer within one year of the date the deposit was recorded. The following table summarizes the liability activity related to contracts with customers: Outstanding Chip Liability Loyalty Program Liability Customer Deposits and Other Deferred Revenue (1) 2019 2018 2019 2018 2019 2018 (In millions) Balance at January 1 $ 551 $ 478 $ 66 $ 63 $ 827 $ 714 Balance at December 31 540 551 68 66 724 827 Increase (decrease) $ (11 ) $ 73 $ 2 $ 3 $ (103 ) $ 113 ____________________ (1) Of this amount, $154 million , $152 million and $145 million as of December 31, 2019 , December 31, 2018 and January 1, 2018 , respectively, relates to mall deposits that are accounted for based on lease terms usually greater than one year. Gaming Taxes The Company is subject to taxes based on gross gaming revenue in the jurisdictions in which it operates, subject to applicable jurisdictional adjustments. These gaming taxes, including the goods and services tax in Singapore, are an assessment on the Company's gaming revenue and are recorded as a casino expense in the accompanying consolidated statements of operations. These taxes were $3.98 billion , $4.09 billion and $3.60 billion for the years ended December 31, 2019 , 2018 and 2017 , respectively. Pre-Opening and Development Expenses The Company accounts for costs incurred in the development and pre-opening phases of new ventures in accordance with accounting standards regarding start-up activities. Pre-opening expenses represent personnel and other costs incurred prior to the opening of new ventures and are expensed as incurred. Development expenses include the costs associated with the Company's evaluation and pursuit of new business opportunities, which are also expensed as incurred. Advertising Costs Costs for advertising are expensed the first time the advertising takes place or as incurred. Advertising costs included in the accompanying consolidated statements of operations were $123 million , $132 million and $129 million for the years ended December 31, 2019 , 2018 and 2017 , respectively. Corporate Expenses Corporate expense represents payroll, travel, legal fees, professional fees and various other expenses not allocated or directly related to the Company's Integrated Resort operations and related ancillary operations. Foreign Currency The functional currency of most of our foreign subsidiaries is the local currency in which the subsidiary operates. Balance sheet accounts are translated at the exchange rate in effect at each balance sheet date and income statement accounts are translated at the average exchange rates during the year. Translation adjustments resulting from this process are recorded to other comprehensive income. Gains or losses from foreign currency remeasurements that arise from exchange rate fluctuations on transactions denominated in a currency other than the functional currency are included in other income (expense). Comprehensive Income and Accumulated Other Comprehensive Income (Loss) Comprehensive income includes net income and all other non-stockholder changes in equity, or other comprehensive income. The balance of accumulated other comprehensive income (loss) consisted solely of foreign currency translation adjustments. Earnings Per Share The weighted average number of common and common equivalent shares used in the calculation of basic and diluted earnings per share consisted of the following: Year Ended December 31, 2019 2018 2017 (In millions) Weighted average common shares outstanding (used in the calculation of basic earnings per share) 771 786 792 Potential dilution from stock options and restricted stock and stock units — — — Weighted average common and common equivalent shares (used in the calculation of diluted earnings per share) 771 786 792 Antidilutive stock options excluded from the calculation of diluted earnings per share 3 2 6 Stock-Based Employee Compensation Stock-based compensation cost is measured at the grant date, based on the calculated fair value of the award, and is recognized over the employee's requisite service period (generally the vesting period of the equity grant). The Company's stock-based employee compensation plans are more fully discussed in " Note 16 — Stock-Based Employee Compensation." Income Taxes The Company is subject to income taxes in the U.S. (including federal and state) and numerous foreign jurisdictions in which it operates. The Company records income taxes under the asset and liability method, whereby deferred tax assets and liabilities are recognized based on the future tax consequences attributable to temporary differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases, and attributable to operating loss and tax credit carryforwards. Accounting standards regarding income taxes require a reduction of the carrying amounts of deferred tax assets by a valuation allowance, if based on the available evidence, it is "more-likely-than-not" such assets will not be realized. Accordingly, the need to establish valuation allowances for deferred tax assets is assessed at each reporting period based on a "more-likely-than-not" realization threshold. This assessment considers, among other matters, the nature, frequency and severity of current and cumulative losses, forecasts of future profitability, the duration of statutory carryforward periods, the Company's experience with operating loss and tax credit carryforwards not expiring and tax planning strategies. Management will reassess the realization of deferred tax assets each reporting period and consider the scheduled reversal of deferred tax liabilities, sources of taxable income and tax planning strategies. To the extent the financial results of these operations improve and it becomes "more-likely-than-not" the deferred tax assets are realizable, the Company will be able to reduce the valuation allowance in the period such determination is made as appropriate. Significant judgment is required in evaluating the Company's tax positions and determining its provision for income taxes. During the ordinary course of business, there are many transactions for which the ultimate tax determination is uncertain. The Company considers many factors when evaluating and estimating its tax positions and tax benefits, which may require periodic adjustments and for which actual outcomes may be different. Accounting for Derivative Instruments and Hedging Activities Accounting standards require an entity to recognize all derivatives as either assets or liabilities in the balance sheet and measure those instruments at fair value. If specific conditions are met, a derivative may be designated as a hedge of specific financial exposures. The accounting for changes in fair value of a derivative depends on the intended use of the derivative and, if used in hedging activities, on its effectiveness as a hedge. In order to qualify for hedge accounting, the underlying hedged item must expose the Company to risks associated with market fluctuations and the financial instrument used must be designated as a hedge and must reduce the Company's exposure to market fluctuation throughout the hedge period. Changes in market rates and prices, such as interest rates, foreign currency exchange rates and commodity prices, can impact the Company’s results of operations. The Company’s primary exposures to market risk are interest rate risk associated with long-term debt and foreign currency exchange rate risk associated with the Company’s operations outside the United States. The Company has a policy aimed at managing interest rate risk associated with its current and anticipated future borrowings and foreign currency exchange rate risk associated with operations of its foreign subsidiaries. This policy enables the Company to use any combination of interest rate swaps, futures, options, caps, forward contracts and similar instruments. The Company does not hold or issue financial instruments for trading purposes and does not enter into derivative transactions that would be considered speculative positions. Depending on its classification and position at the end of the reporting period, each derivative was reported as prepaid expenses and other; other assets, net; other accrued liabilities; or other long-term liabilities, as applicable, in the accompanying consolidated balance sheets. See " Note 9 — Derivative Instruments" for additional disclosures regarding derivatives. Recent Accounting Pronouncements In June 2016, the FASB issued an accounting standard update that revises the methodology for measuring credit losses on financial instruments and the timing of when such losses are recorded. The guidance is effective for fiscal years beginning after December 15, 2019, including interim reporting periods within that reporting period, and should be applied on a modified retrospective basis, with early adoption permitted. The Company adopted the new standard on January 1, 2020. The adoption of this guidance did not have a material impact on the Company's financial condition or net income. Reclassification Certain amounts in the accompanying consolidated statements of cash flows for the years ended December 31, 2018 and 2017, have been adjusted to be consistent with the current year presentation. The reclassification had no impact on the Company's financial condition, results of operations or cash flows. These adjustments resulted from land premium payments becoming material enough to require separate disclosure.

Accounts Receivable, Net

Accounts Receivable, Net	12 Months Ended
	Dec. 31, 2019
Accounts, Notes, Loans and Financing Receivable, Gross, Allowance, and Net [Abstract]
Accounts Receivable, Net	Accounts Receivable, Net Accounts receivable consists of the following: December 31, 2019 2018 (In millions) Casino $ 858 $ 763 Rooms 88 98 Mall 93 78 Other 87 111 1,126 1,050 Less — allowance for doubtful accounts (282 ) (324 ) $ 844 $ 726

Property and Equipment, Net

Property and Equipment, Net	12 Months Ended
	Dec. 31, 2019
Property, Plant and Equipment [Abstract]
Property and Equipment, Net	Property and Equipment, Net Property and equipment consists of the following: December 31, 2019 2018 (In millions) Land and improvements $ 650 $ 651 Building and improvements 17,662 17,861 Furniture, fixtures, equipment and leasehold improvements 4,520 4,255 Transportation 520 458 Construction in progress 1,507 1,184 24,859 24,409 Less — accumulated depreciation and amortization (10,015 ) (9,255 ) $ 14,844 $ 15,154 The property and equipment sold to GGP totaling $184 million (net of $114 million of accumulated depreciation) as of December 31, 2019 , will continue to be recorded on the Company's consolidated balance sheet and will continue to be depreciated in the Company's consolidated statement of operations. See " Note 13 — Mall Activities — The Shoppes at The Palazzo." During the year ended December 31, 2019, the Company’s ferry operations experienced a decline in passenger volume due primarily to the opening of the Hong Kong-Zhuhai-Macao bridge, which opened in October 2018, and the ongoing situation in Hong Kong since June 2019. The continuing decline in passenger volume resulted in the Company taking two ferries out of service and implementing other cost cutting measures to maintain the overall efficiency of the ferry operations. The Company determined the projected cash flows were not anticipated to recover the ferry assets carrying value. An impairment charge of $65 million was recorded for the excess of the carrying value over the recoverable amount of $51 million , which was determined to be the fair value less cost of disposal of the ferries. The estimated fair value of the long-lived asset group was determined using level 3 inputs based on recent offers received for the two ferries currently not in service. During the year ended December 31, 2019 , the Company recognized a loss on disposal or impairment of assets of $90 million , consisting primarily of the aforementioned $65 million ferry impairment charge. During the years ended December 31, 2018 and 2017, the Company recognized a loss on disposal or impairment of assets of $150 million and $20 million , respectively. The loss for the year ended December 31, 2018 , consisted primarily of $128 million in write- off of costs related to The Grand Suites at Four Seasons, as well as other dispositions at the Company's operating properties. Depreciation expense was $1.15 billion , $1.10 billion and $1.15 billion for the years ended December 31, 2019 , 2018 and 2017

Leasehold Interests in Land, Ne

Leasehold Interests in Land, Net	12 Months Ended
	Dec. 31, 2019
Leasehold Interests In Land, Net [Abstract]
Leasehold Interests in Land, Net	Leasehold Interests in Land, Net Leasehold interests in land consist of the following: December 31, 2019 2018 (In millions) Marina Bay Sands $ 1,986 $ 1,006 Sands Cotai Central 293 237 The Venetian Macao 242 192 The Plaza Macao and Four Seasons Hotel Macao 106 91 The Parisian Macao 89 75 Sands Macao 38 31 2,754 1,632 Less — accumulated amortization (482 ) (434 ) $ 2,272 $ 1,198 The Company amortizes the leasehold interests in land on a straight-line basis over the expected term of the lease, which includes automatic extensions in Macao as discussed further below. Amortization expense of $51 million , $35 million and $37 million was included in amortization of leasehold interests in land expense for the years ended December 31, 2019 , 2018 and 2017 , respectively. The estimated future amortization expense over the expected term of the lease is approximately $52 million for each of the five years in the period ending December 31, 2024 and $2.21 billion thereafter at exchange rates in effect on December 31, 2019 . Land concessions in Macao generally have an initial term of 25 years with automatic extensions of 10 years thereafter in accordance with Macao law. The Company anticipates a useful life of 50 years related to the land concessions in Macao. The Company has received land concessions from the Macao government to build on the sites on which Sands Macao, The Venetian Macao, The Plaza Macao and Four Seasons Hotel Macao, Sands Cotai Central and The Parisian Macao are located. The Company does not own these land sites in Macao; however, the land concessions grant the Company exclusive use of the land. As specified in the land concessions, the Company is required to pay premiums for each parcel, as well as make annual rent payments in the amounts and at the times specified in the land concessions. The rent amounts may be revised every five years by the Macao government. For the Company's future rental payment obligations, see " Note 14 — Leases." Land concessions in Singapore have an initial term of 60 years . The Company has received land concessions from the Singapore Tourism Board to build on the sites on which Marina Bay Sands and the future MBS Expansion Project are located. The Company does not own these land sites in Singapore; however, the land concessions grant the Company exclusive use of the land. As specified in the land concessions, the Company was required to pre-pay the premiums for each parcel. In April 2019, and in connection with the Second Development Agreement, MBS paid $963 million for the additional land concessions in connection with the MBS Expansion Project.

Intangible Assets, Net

Intangible Assets, Net	12 Months Ended
	Dec. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]
Intangible Assets, Net	Intangible Assets, Net Intangible assets consist of the following: December 31, 2019 2018 (In millions) Marina Bay Sands gaming license $ 53 $ 48 Trademarks and other 1 1 54 49 Less — accumulated amortization (12 ) (44 ) 42 5 Sands Bethlehem gaming license and certificate — 67 Total intangible assets, net $ 42 $ 72 The Company was issued a gaming license and certificate from the Pennsylvania Gaming Control Board for its slots and table games operations at Sands Bethlehem. On May 31, 2019, the Company completed the sale of Sands Bethlehem and no longer owns the gaming license or certificate. In April 2019, the Company paid SGD 72 million (approximately $53 million at exchange rates in effect at the time of the transaction) to the Singapore Casino Regulatory Authority (the "CRA") as part of the process to renew its gaming license at Marina Bay Sands. This license is being amortized over its three -year term, which expires in April 2022 , and is renewable upon submitting an application, paying the applicable license fee and meeting the requirements as determined by the CRA. Amortization expense was $17 million , $16 million and $16 million for the years ended December 31, 2019 , 2018 and 2017 , respectively. The estimated future amortization expense is approximately $18 million , $18 million and $6 million for the years ending December 31, 2020, 2021 and 2022, respectively.

Other Accrued Liabilities

Other Accrued Liabilities	12 Months Ended
	Dec. 31, 2019
Payables and Accruals [Abstract]
Other Accrued Liabilities	Other Accrued Liabilities Other accrued liabilities consist of the following: December 31, 2019 2018 (In millions) Customer deposits $ 582 $ 676 Outstanding chip liability 540 551 Taxes and licenses 389 403 Payroll and related 378 359 Accrued interest payable 165 115 Other accruals 342 331 $ 2,396 $ 2,435

Long-Term Debt

Long-Term Debt	12 Months Ended
	Dec. 31, 2019
Debt Disclosure [Abstract]
Long-Term Debt	Long-Term Debt Long-term debt consists of the following: December 31, 2019 2018 (In millions) Corporate and U.S. Related (1) : 3.200% Senior Notes due 2024 (net of unamortized original issue discount and deferred financing costs of $14) $ 1,736 $ — 2.900% Senior Notes due 2025 (net of unamortized original issue discount and deferred financing costs of $5) 495 — 3.500% Senior Notes due 2026 (net of unamortized original issue discount and deferred financing costs of $12) 988 — 3.900% Senior Notes due 2029 (net of unamortized original issue discount and deferred financing costs of $8) 742 — 2013 U.S. Credit Facility — Extended Term B (net of unamortized original issue discount and deferred financing costs of $21) — 3,464 HVAC Equipment Lease — 12 Macao Related (1) : 4.600% Senior Notes due 2023 (net of unamortized original issue discount and deferred financing costs of $11 and $14, respectively, and a positive cumulative fair value adjustment of $11 and $5, respectively) 1,800 1,791 5.125% Senior Notes due 2025 (net of unamortized original issue discount and deferred financing costs of $13 and $16, respectively, and a positive cumulative fair value adjustment of $11 and $5, respectively) 1,798 1,789 5.400% Senior Notes due 2028 (net of unamortized original issue discount and deferred financing costs of $19 and $21, respectively, and a positive cumulative fair value adjustment of $12 and $5, respectively) 1,893 1,884 Other 17 4 Singapore Related (1) : 2012 Singapore Credit Facility — Term (net of unamortized deferred financing costs of $54 and $43, respectively) 3,023 3,041 12,492 11,985 Less — current maturities (70 ) (111 ) Total long-term debt $ 12,422 $ 11,874 ____________________ (1) Unamortized deferred financing costs of $100 million and $47 million as of December 31, 2019 and 2018 , respectively, related to the Company's revolving credit facilities and the undrawn portion of the Singapore Delayed Draw Term Facility are included in other assets, net in the accompanying consolidated balance sheets. Corporate and U.S. Related Debt LVSC Senior Notes On July 31, 2019, LVSC issued, in a public offering, three series of senior unsecured notes in an aggregate principal amount of $3.50 billion , consisting of $1.75 billion of 3.200% Senior Notes due August 8, 2024 (the “2024 LVSC Senior Notes”), $1.0 billion of 3.500% Senior Notes due August 18, 2026 (the “2026 LVSC Senior Notes”) and $750 million of 3.900% Senior Notes due August 8, 2029 (the “2029 LVSC Senior Notes”). A portion of the net proceeds from the offering was used to repay in full the outstanding borrowings under the 2013 U.S. Credit Facility. On November 25, 2019, LVSC issued, in a public offering, a senior unsecured note in an aggregate principal amount of $500 million of 2.900% Senior Notes due June 25, 2025 (the “2025 LVSC Senior Notes” and, together with the 2024 LVSC Senior Notes, 2026 LVSC Senior Notes and the 2029 LVSC Senior Notes, the “LVSC Senior Notes”). A portion of the net proceeds from the offering was used for general corporate purposes, including repurchases of shares of the Company's common stock. There are no interim principal payments on the LVSC Senior Notes and interest is payable semi-annually in arrears on each February 8 and August 8, commencing on February 8, 2020, with respect to the 2024 LVSC Notes and 2029 LVSC Notes, on each February 18 and August 18, commencing on February 18, 2020, with respect to the 2026 Notes, and on each June 25 and December 25, commencing on June 25, 2020, with respect to the 2025 Notes. The LVSC Senior Notes are senior unsecured obligations of LVSC. Each series of LVSC Senior Notes rank equally in right of payment with all of LVSC’s other unsecured and unsubordinated obligations, if any. None of LVSC’s subsidiaries guarantee the LVSC Senior Notes. The LVSC Senior Notes were issued pursuant to an indenture, dated July 31, 2019, as amended with respect to each of the series of the LVSC Senior Notes (the “Indenture”), between LVSC and U.S. Bank National Association, as trustee. The Indenture contains covenants, subject to customary exceptions and qualifications, that limit the ability of LVSC and its subsidiaries to, among other things, incur liens, enter into sale and leaseback transactions and consolidate, merge, sell or otherwise dispose of all or substantially all of the Company’s assets on a consolidated basis. The Indenture also provides for customary events of default. LVSC Revolving Facility On August 9, 2019, LVSC entered into a revolving credit agreement with the arrangers and lenders named therein and The Bank of Nova Scotia, as administrative agent for the lenders (the “LVSC Revolving Credit Agreement”), pursuant to which the lenders provided unsecured, revolving credit commitments to LVSC in an aggregate principal amount of $1.50 billion (the “LVSC Revolving Facility”), which are available until August 9, 2024, and include a $150 million sub-facility for letters of credit. LVSC may utilize the proceeds of the loans for general corporate purposes and working capital requirements of LVSC and its subsidiaries and any other purpose not prohibited by the LVSC Revolving Credit Agreement. As of December 31, 2019 , the Company had $1.50 billion of available borrowing capacity under the LVSC Revolving Facility, net of outstanding letters of credit. The revolving loans bear interest at the Company’s option, at either, an adjusted Eurodollar rate, plus an applicable margin ranging from 1.125% to 1.550% per annum, or at an alternative base rate, plus an applicable margin ranging from 0.125% to 0.550% per annum, in each case, based on LVSC’s corporate family credit rating. As of December 31, 2019 , the applicable margin for revolving loans with reference to an adjusted Eurodollar rate is 1.4% per annum and the applicable margin for revolving loans with reference to an alternative base rate is 0.4% per annum. LVSC is also required to pay a quarterly commitment fee on the undrawn portion of the LVSC Revolving Facility, which commitment fee ranges from 0.125% to 0.250% per annum, based on the LVSC’s corporate family credit rating. As of December 31, 2019 , the commitment fee is 0.200% per annum. The LVSC Revolving Credit Agreement contains customary affirmative and negative covenants for facilities of this type, subject to customary exceptions and thresholds that limit the ability of (a) LVSC and its restricted subsidiaries to, among other things, (i) incur liens, (ii) enter into sale and leaseback transactions and (iii) sell, lease, sub-lease or otherwise dispose of any core facility (as defined in the LVSC Revolving Credit Agreement), (b) certain restricted subsidiaries of LVSC to incur indebtedness and (c) LVSC to merge, consolidate, liquidate or sell all or substantially all of its assets. The LVSC Revolving Credit Agreement also requires LVSC to maintain a maximum consolidated leverage ratio of 4.0 x as of the last day of each fiscal quarter. The LVSC Revolving Credit Agreement also contains customary events of default, including payment defaults, cross defaults to material debt, bankruptcy and insolvency, breaches of covenants and inaccuracy of representations and warranties, subject to customary grace periods. 2013 U.S. Credit Facility The Company, entered into a credit agreement (the "2013 U.S. Credit Facility"), which pursuant to various amendments, provided for a $3.51 billion term loan (the "2013 Extended U.S. Term B Facility") and a $1.15 billion revolving facility (the "2013 Extended U.S. Revolving Facility," and together with the 2013 Extended U.S. Term B Facility, the "2013 U.S. Credit Facility"). Borrowings under the 2013 Extended U.S. Term B Facility were used for working capital requirements and general corporate purposes, including to make any investment or payment not specifically prohibited by the terms of the loan documents. The Company paid standby fees of 0.2% per annum on the undrawn amounts under the 2013 Extended U.S. Revolving Facility. The weighted average interest rate on the 2013 U.S. Credit Facility was 4.2% , 3.9% and 3.2% for the years ended December 31, 2019, 2018 and 2017, respectively. As previously described, the proceeds from the LVSC Senior Notes were used to repay the outstanding borrowings under the 2013 U.S. Credit Facility and the facility was terminated. As a result, the Company recorded a $22 million loss on early retirement of debt during the year ended December 31, 2019 . HVAC Equipment Lease In July 2009, the Company entered into a capital lease agreement with its current heating, ventilation and air conditioning ("HVAC") provider (the "HVAC Equipment Lease") to provide the operation and maintenance services for the HVAC equipment in Las Vegas. The HVAC Equipment Lease was capitalized at the present value of the future minimum lease payments at lease inception. The lease had a 10-year term and ended on June 30, 2019. Macao Related Debt SCL Senior Notes On August 9, 2018, SCL issued, in a private offering, three series of senior unsecured notes in an aggregate principal amount of $5.50 billion , consisting of $1.80 billion of 4.600% Senior Notes due August 8, 2023 (the "2023 Notes"), $1.80 billion of 5.125% Senior Notes due August 8, 2025 (the "2025 Notes") and $1.90 billion of 5.400% Senior Notes due August 8, 2028 (the "2028 Notes" and, together with the 2023 Notes and the 2025 Notes, the "SCL Senior Notes"). A portion of the net proceeds from the offering was used to repay in full the outstanding borrowings under the 2016 VML Credit Facility (defined below). There are no interim principal payments on the SCL Senior Notes and interest is payable semi-annually in arrears on each February 8 and August 8, commencing on February 8, 2019 . In connection with the SCL Senior Notes, the Company entered into fixed-to-variable interest rate swap contracts (see " Note 9 — Derivative Instruments"). The SCL Senior Notes are general senior unsecured obligations of SCL. Each series of SCL Senior Notes rank equally in right of payment with all of SCL's existing and future senior unsecured debt and rank senior in right of payment to all of SCL's future subordinated debt, if any. The SCL Senior Notes are effectively subordinated in right of payment to all of SCL's future secured debt (to the extent of the value of the collateral securing such debt) and are structurally subordinated to all of the liabilities of SCL's subsidiaries. None of SCL's subsidiaries guarantee the SCL Senior Notes. The SCL Senior Notes were issued pursuant to an indenture, dated August 9, 2018 (the "Indenture"), between SCL and U.S. Bank National Association, as trustee. Upon the occurrence of certain events described in the Indenture, the interest rate on the SCL Senior Notes may be adjusted. The Indenture contains covenants, subject to customary exceptions and qualifications, that limit the ability of SCL and its subsidiaries to, among other things, incur liens, enter into sale and leaseback transactions and consolidate, merge, sell or otherwise dispose of all or substantially all of SCL's assets on a consolidated basis. The Indenture also provides for customary events of default. 2018 SCL Credit Facility On November 20, 2018, SCL entered into a facility agreement with the arrangers and lenders named therein and Bank of China Limited, Macau Branch, as agent for the lenders, (the "2018 SCL Credit Facility") pursuant to which the lenders made available a $2.0 billion revolving unsecured credit facility to SCL (the "2018 SCL Revolving Facility"). The facility is available until July 31, 2023 , and SCL may draw loans under the facility, which may consist of general revolving loans (consisting of a United States dollar component and a Hong Kong dollar component) or loans drawn under a swing-line loan sub-facility (denominated in either United States dollars or Hong Kong dollars). SCL may utilize the loans for general corporate purposes and working capital requirements of SCL and its subsidiaries. As of December 31, 2019 , the Company had $2.0 billion of available borrowing capacity under the 2018 SCL Revolving Facility. Loans under the 2018 SCL Revolving Facility bear interest calculated by reference to (1) in the case of general revolving loans denominated in United States dollars, LIBOR, (2) in the case of loans denominated in United States dollars drawn under the swing-line loan sub-facility, a United States dollar alternate base rate (determined by reference to, among other things, the United States dollar prime lending rate and the Federal Funds Effective Rate), (3) in the case of general revolving loans denominated in Hong Kong dollars, the Hong Kong Interbank Offered Rate ("HIBOR") or (4) in the case of loans denominated in Hong Kong dollars drawn under the swing-line loan sub-facility, a Hong Kong dollar alternate base rate (determined by reference to, among other things, the Hong Kong dollar prime lending rate), in each case, plus a margin that is determined by reference to the consolidated leverage ratio as defined in the 2018 SCL Credit Facility. The initial margin for general revolving loans is 2.0% per annum and the initial margin for loans drawn under the swing-line loan sub-facility is 1.0% per annum. SCL is also required to pay a commitment fee of 0.60% per annum on the undrawn amounts under the 2018 SCL Revolving Facility. The 2018 SCL Credit Facility contains affirmative and negative covenants customary for similar unsecured financings, including, but not limited to, limitations on indebtedness secured by liens on principal properties and sale and leaseback transactions. The 2018 SCL Credit Facility also requires SCL to maintain a maximum ratio of total indebtedness to adjusted EBITDA of 4.0 x throughout the life of the facility and a minimum ratio of adjusted EBITDA to net interest expense (including capitalized interest) of 2.5 x throughout the life of the facility. The 2018 SCL Credit Facility also contains certain events of default (some of which are subject to grace and remedy periods and materiality qualifiers), including, but not limited to, events relating to SCL's gaming operations and the loss or termination of certain land concession contracts. 2016 VML Credit Facility Two subsidiaries of the Company, VML US Finance LLC, the Borrower, and Venetian Macau Limited ("VML"), as guarantor, entered into a credit agreement (the "2016 VML Credit Facility"), which pursuant to various amendments, provided for a $4.12 billion term loan (the "2016 VML Term Loans"), a $269 million non-extended term loan (the "2016 Non-Extended VML Term Loans") and a $2.0 billion revolving facility (the "2016 VML Revolving Facility," and together with the 2016 VML Term Loans and the 2016 Non-Extended VML Term Loans, the "2016 VML Credit Facility"). Borrowings under the 2016 VML Term Loans were used for working capital requirements and general corporate purposes, including to make any investment or payment not specifically prohibited by the terms of the loan documents. The Company paid standby fees of 0.5% per annum on the undrawn amounts under the 2016 VML Revolving Facility. The weighted average interest rate on the 2016 VML Credit Facility was 3.1% and 2.6% for the years ended December 31, 2018 and 2017, respectively. As previously described, a portion of the proceeds from the SCL Senior Notes was used to repay the outstanding borrowings under the 2016 VML Credit Facility. As a result, the Company recorded a $52 million loss on early retirement of debt during the three months ended September 30, 2018. On November 20, 2018, effective as of November 21, 2018, the 2016 VML Credit Facility was terminated. As a result, the Company recorded a $9 million loss on early retirement of debt during the three months ended December 31, 2018. Singapore Related Debt 2012 Singapore Credit Facility In June 2012, the Company's wholly owned subsidiary, Marina Bay Sands Pte. Ltd. ("MBS"), entered into a SGD 5.10 billion (approximately $3.78 billion at exchange rates in effect on December 31, 2019 ) credit agreement (the "2012 Singapore Credit Facility"), providing for a fully funded SGD 4.60 billion (approximately $3.41 billion at exchange rates in effect on December 31, 2019 ) term loan (the "2012 Singapore Term Facility") and a SGD 500 million (approximately $371 million at exchange rates in effect on December 31, 2019 ) revolving facility (the "2012 Singapore Revolving Facility") that was available until November 25, 2017, which included a SGD 100 million (approximately $74 million at exchange rates in effect on December 31, 2019 ) ancillary facility (the "2012 Singapore Ancillary Facility"). Borrowings under the 2012 Singapore Credit Facility were used to repay the outstanding balance under the previous Singapore credit facility. During August 2014, the Company amended its 2012 Singapore Credit Facility, pursuant to which consenting lenders of borrowings under the 2012 Singapore Term Facility extended the maturity to August 28, 2020, and consenting lenders of borrowings under the 2012 Singapore Revolving Facility extended the maturity to February 28, 2020. During March 2018, the Company amended its 2012 Singapore Credit Facility, which refinanced the facility in an aggregate amount of SGD 4.80 billion (approximately $3.56 billion at exchange rates in effect on December 31, 2019 ), pursuant to which consenting lenders of borrowings under the 2012 Singapore Term Facility extended the maturity to March 29, 2024, and consenting lenders of borrowings under the 2012 Singapore Revolving Facility extended the maturity to September 29, 2023. On August 30, 2019, MBS amended and restated its 2012 Singapore Credit Facility (the “Third Amendment and Restatement Agreement”). The Third Amendment and Restatement Agreement extended (a) the maturity date of the term loans under the 2012 Singapore Term Facility to August 31, 2026 , and (b) the termination date of the revolving credit commitments under the 2012 Singapore Revolving Facility to February 27, 2026 , and also increased the principal amount of revolving credit commitments by an additional SGD 250 million (approximately $185 million at exchange rates in effect on December 31, 2019 ) for a total aggregate principal amount of SGD 750 million (approximately $556 million at exchange rates in effect on December 31, 2019 ). As of December 31, 2019 , MBS had SGD 592 million (approximately $439 million at exchange rates in effect on December 31, 2019 ) of available borrowing capacity under the 2012 Singapore Revolving Facility, net of outstanding letters of credit, primarily consisting of a banker’s guarantee in connection with the MBS Expansion Project for SGD 153 million (approximately $113 million at exchange rates in effect on December 31, 2019 ). Under the Third Amendment and Restatement Agreement, certain lenders committed to provide a new delayed draw term loan facility (the “Singapore Delayed Draw Term Facility”) in an aggregate principal amount of SGD 3.75 billion (approximately $2.78 billion at exchange rates in effect on December 31, 2019 ), which will be available to MBS until December 30, 2024, to finance costs associated with the MBS Expansion Project. The loans borrowed under the Singapore Delayed Draw Term Facility will mature on August 31, 2026 . There were no loans borrowed under the Delayed Draw Term Facility as of December 31, 2019 . As a result of the Third Amendment and Restatement Agreement, the Company recorded a $2 million loss on modification of debt during the year ended December 31, 2019 . The indebtedness under the 2012 Singapore Credit Facility is collateralized by a first-priority security interest in substantially all of MBS's assets, other than capital stock and similar ownership interests, certain furniture, fixtures and equipment and certain other excluded assets. The term loans under the 2012 Singapore Term Facility are subject to interim quarterly amortization payments, beginning with the fiscal quarter ending December 31, 2019, in an amount equal to (i) until and including the fiscal quarter ending September 30, 2024, 0.5% of the principal amount outstanding on June 30, 2019 (the “Term Facility Restatement Date”), (ii) for the fiscal quarter ending December 31, 2024, 3.0% of the principal amount outstanding on the Term Facility Restatement Date, (iii) for the fiscal quarters ending March 31, 2025 through September 30, 2025, 5.0% of the principal amount outstanding on the Term Facility Restatement Date, and (iv) for the fiscal quarters ending December 31, 2025 through June 30, 2026, 18.0% of the principal amount outstanding on the Term Facility Restatement Date. On the maturity date of August 31, 2026, MBS is required to repay all remaining amounts outstanding on the Singapore Term Facility. Loans under the Singapore Delayed Draw Term Facility are subject to interim quarterly amortization payments, beginning with the fiscal quarter ending March 31, 2025, in an amount equal to (i) until and including the fiscal quarter ending September 30, 2025, 5.0% of the principal amount outstanding on December 30, 2024 (the “Delayed Draw Term Facility Restatement Date”), and (ii) for each fiscal quarter from December 31, 2025, until and including June 30, 2026, 18.0% of the principal amount outstanding on the Delayed Draw Term Facility Restatement Date. On the maturity date of August 31, 2026, MBS is required to repay all remaining amounts outstanding on the Singapore Delayed Draw Term Facility. Under the Third Amendment and Restatement Agreement, outstanding loans bear interest at the Singapore Swap Offered Rate (“SOR”) plus an applicable margin that is fixed at 1.65% per annum until September 30, 2020, and will range from 1.15% to 1.85% per annum thereafter, based on MBS’s consolidated leverage ratio (interest rate set at approximately 3.1% as of December 31, 2019 ). MBS pays a standby commitment fee of 35% to 40% of the spread per annum on all undrawn amounts under the 2012 Singapore Revolving Facility. The weighted average interest rate for the 2012 Singapore Credit Facility was 3.2% , 2.6% and 2.2% for the years ended December 31, 2019 , 2018 and 2017 . Under the Third Amendment and Restatement Agreement, MBS must comply with a maximum consolidated leverage ratio of 4.5 x on the last day of each fiscal quarter from August 30, 2019, until twelve months following the date on which a temporary occupation permit is issued with respect to the MBS Expansion Project. Thereafter, MBS must comply with a maximum consolidated leverage ratio of 4.0 x as of the last day of each fiscal quarter through maturity. Debt Covenant Compliance As of December 31, 2019 , management believes the Company was in compliance with all debt covenants. Cash Flows from Financing Activities Cash flows from financing activities related to long-term debt and finance lease obligations are as follows: Year Ended December 31, 2019 2018 2017 (In millions) Proceeds from LVSC Senior Notes $ 4,000 $ — $ — Proceeds from SCL Senior Notes — 5,500 — Proceeds from 2013 U.S. Credit Facility — 1,347 5 Proceeds from 2016 VML Credit Facility — 746 649 $ 4,000 $ 7,593 $ 654 Repayments on 2013 U.S. Credit Facility $ (3,484 ) $ (26 ) $ (63 ) Repayments on 2012 Singapore Credit Facility (47 ) (65 ) (67 ) Repayments on 2016 VML Credit Facility — (5,083 ) (668 ) Repayments on Airplane Financings — — (56 ) Repayments on HVAC Equipment Lease and Other Long-Term Debt (5 ) (4 ) (4 ) $ (3,536 ) $ (5,178 ) $ (858 ) Scheduled Maturities of Long-Term Debt Maturities of long-term debt outstanding as of December 31, 2019 , are summarized as follows: Long-term Debt (In millions) 2020 $ 62 2021 62 2022 62 2023 1,862 2024 1,889 Thereafter 8,640 Total $ 12,577 Fair Value of Long-Term Debt The estimated fair value of the Company's long-term debt as of December 31, 2019 and 2018 , was approximately $13.21 billion and $11.65 billion , respectively, compared to its contractual value of $12.58 billion and $12.08 billion , respectively. The estimated fair value of our long-term debt is based on recent trades, if available, and indicative pricing from market information (level 2 inputs).

Derivative Instruments

Derivative Instruments	12 Months Ended
	Dec. 31, 2019
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative instruments	Derivative Instruments In August 2018, the Company entered into interest rate swap agreements (the "IR Swaps"), which qualified and were designated as fair value hedges, swapping fixed-rate for variable-rate interest to hedge changes in the fair value of the SCL Senior Notes. These IR Swaps have a total notional value of $5.50 billion and expire in August 2020 . The total fair value of the IR Swaps as of December 31, 2019 was $81 million . In the accompanying consolidated balance sheets, $34 million was recorded as an asset in other assets, net with an equal corresponding adjustment recorded against the carrying value of the SCL Senior Notes. The fair value of the IR Swaps was estimated using level 2 inputs from recently reported market forecasts of interest rates. Gains and losses due to changes in fair value of the IR Swaps completely offset changes in the fair value of the hedged portion of the underlying debt. Additionally, for the years ended December 31, 2019 and 2018 , the Company recorded $23 million and $9 million , respectively, as a reduction to interest expense related to the realized amount associated with the IR Swaps.

Equity

Equity	12 Months Ended
	Dec. 31, 2019
Equity [Abstract]
Equity	Equity Preferred Stock The Company is authorized to issue up to 50,000,000 shares of preferred stock. The Company's Board of Directors is authorized, subject to limitations prescribed by Nevada law and the Company's articles of incorporation, to determine the terms and conditions of the preferred stock, including whether the shares of preferred stock will be issued in one or more series, the number of shares to be included in each series and the powers, designations, preferences and rights of the shares. The Company's Board of Directors also is authorized to designate any qualifications, limitations or restrictions on the shares without any further vote or action by the stockholders. Common Stock Dividends On March 28, June 27, September 26 and December 26, 2019, the Company paid a dividend of $0.77 per common share as part of a regular cash dividend program. During the year ended December 31, 2019 , the Company recorded $2.37 billion as a distribution against retained earnings (of which $1.33 billion related to the Principal Stockholder and his family and the remaining $1.04 billion related to all other stockholders). On March 30, June 28, September 27 and December 27, 2018, the Company paid a dividend of $0.75 per common share as part of a regular cash dividend program. During the year ended December 31, 2018 , the Company recorded $2.35 billion as a distribution against retained earnings (of which $1.30 billion related to the Principal Stockholder and his family and the remaining $1.05 billion related to all other stockholders). On March 31, June 30, September 29 and December 29, 2017, the Company paid a dividend of $0.73 per common share as part of a regular cash dividend program. During the year ended December 31, 2017 , the Company recorded $2.31 billion as a distribution against retained earnings (of which $1.26 billion related to the Principal Stockholder and his family and the remaining $1.05 billion related to all other stockholders). In January 2020 , as part of a regular cash dividend program, the Company's Board of Directors declared a quarterly dividend of $0.79 per common share (a total estimated to be approximately $603 million ) to be paid on March 26, 2020 , to stockholders of record on March 18, 2020 . Share Repurchases In November 2016, the Company's Board of Directors authorized the repurchase of $1.56 billion of its outstanding common stock, which was to expire in November 2018 . In June 2018, the Company's Board of Directors authorized increasing the remaining repurchase amount of $1.11 billion to $2.50 billion and extending the expiration date to November 2020 . Repurchases of the Company's common stock are made at the Company's discretion in accordance with applicable federal securities laws in the open market or otherwise. The timing and actual number of shares to be repurchased in the future will depend on a variety of factors, including the Company's financial position, earnings, legal requirements, other investment opportunities and market conditions. During the years ended December 31, 2019 , 2018 and 2017 , the Company repurchased 12,556,635 , 14,998,127 and 6,194,137 shares, respectively, of its common stock for $754 million , $905 million and $375 million , respectively, (including commissions) under the Company's current program. All share repurchases of the Company's common stock have been recorded as treasury stock. In addition to the shares repurchased under the share repurchase program, during the years ended December 31, 2019 and 2018, the Company repurchased 1,927 and 46,493 shares, respectively, in satisfaction of tax withholding and exercise price obligations on stock option exercises. Rollforward of Shares of Common Stock A summary of the outstanding shares of common stock is as follows: Balance as of January 1, 2017 794,960,092 Exercise of stock options 617,612 Issuance of restricted stock 37,270 Vesting of restricted stock units 64,150 Repurchase of common stock (6,194,137 ) Balance as of December 31, 2017 789,484,987 Exercise of stock options 1,007,551 Issuance of restricted stock 10,296 Vesting of restricted stock units 5,000 Repurchase of common stock (15,044,620 ) Balance as of December 31, 2018 775,463,214 Exercise of stock options 569,224 Issuance of restricted stock 11,039 Repurchase of common stock (12,558,562 ) Balance as of December 31, 2019 763,484,915 Noncontrolling Interests SCL On February 22 and June 21, 2019 , SCL paid a dividend of 0.99 Hong Kong dollars ("HKD") and HKD 1.00 per share, respectively, to SCL shareholders (a total of $2.05 billion , of which the Company retained $1.44 billion during the year ended December 31, 2019 ). On February 23 and June 22, 2018 , SCL paid a dividend of HKD 0.99 and HKD 1.00 per share, respectively, to SCL shareholders (a total of $2.05 billion , of which the Company retained $1.44 billion during the year ended December 31, 2018 ). On February 24 and June 23, 2017 , SCL paid a dividend of HKD 0.99 and HKD 1.00 per share, respectively, to SCL shareholders (a total of $2.07 billion , of which the Company retained $1.45 billion during the year ended December 31, 2017 ). In January 2020 , the Board of Directors of SCL declared a dividend of HKD 0.99 per share (a total of $1.03 billion , of which the Company will retain approximately $720 million ) to SCL shareholders of record on February 5, 2020 , which will be paid on February 21, 2020 . Other During the years ended December 31, 2019 , 2018 and 2017 , the Company distributed $17 million , $12 million and $13 million , respectively, to certain of its noncontrolling interests. Of the amount distributed in 2019, $11 million related to payments to the Company's minority interest partners to purchase their interests in connection with the sale of Sands Bethlehem.

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2019
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes Consolidated income before taxes and noncontrolling interests for domestic and foreign operations is as follows: Year Ended December 31, 2019 2018 2017 (In millions) Foreign $ 3,145 $ 3,164 $ 2,806 Domestic 627 162 248 Total income before income taxes $ 3,772 $ 3,326 $ 3,054 The components of the income tax expense (benefit) are as follows: Year Ended December 31, 2019 2018 2017 (In millions) Foreign: Current $ 245 $ 245 $ 258 Deferred (10 ) (12 ) 12 Federal: Current 33 15 30 Deferred 145 135 (509 ) State: Current 33 2 — Deferred 22 (10 ) — Total income tax expense (benefit) $ 468 $ 375 $ (209 ) The reconciliation of the statutory federal income tax rate and the Company's effective tax rate is as follows: Year Ended December 31, 2019 2018 2017 Statutory federal income tax rate 21.0 % 21.0 % 35.0 % Increase (decrease) in tax rate resulting from: Tax exempt income of foreign subsidiary (8.0 )% (8.3 )% (7.9 )% Foreign and U.S. tax rate differential (5.6 )% (6.5 )% (18.8 )% Change in valuation allowance 2.7 % 4.5 % 18.3 % Repatriation of foreign earnings — % — % 72.1 % U.S. foreign tax credits — % — % (105.9 )% Other, net 2.3 % 0.6 % 0.4 % Effective tax rate 12.4 % 11.3 % (6.8 )% The Company enjoys an income tax exemption in Macao that exempts the Company from paying corporate income tax on profits generated by gaming operations. The Company will continue to benefit from this tax exemption through June 26, 2022 , the date VML's subconcession agreement expires. Had the Company not received the income tax exemption in Macao, consolidated net income attributable to LVSC would have been reduced by $200 million , $184 million and $158 million , and diluted earnings per share would have been reduced by $0.26 , $0.23 and $0.20 per share for the years ended December 31, 2019 , 2018 and 2017 , respectively. In April 2019 , the Company entered into a renewed agreement with the Macao government, which is effective through June 26, 2022 , and provides for an annual payment of 38 million patacas (approximately $5 million at exchange rates in effect on December 31, 2019 ) as a substitution for a 12% tax otherwise due from VML shareholders on dividend distributions paid from VML gaming profits. In September 2013, the Company and the Internal Revenue Service entered into a Pre-Filing Agreement providing the Macao special gaming tax ( 35% of gross gaming revenue) qualifies as a tax paid in lieu of an income tax and could be claimed as a U.S. foreign tax credit. The Company's foreign and U.S. tax rate differential reflects the fact that U.S. tax rates are higher than the statutory tax rates in Singapore and Macao of 17% and 12% , respectively. The Tax Cuts and Jobs Act (the "Act" or "U.S. tax reform") made significant changes to U.S. income tax laws including lowering the U.S. corporate tax rate to 21% effective beginning in 2018 and transitioning from a worldwide tax system to a territorial tax system resulting in dividends from the Company's foreign subsidiaries not being subject to U.S. income tax and therefore, no longer generating U.S. foreign tax credits. As a result, during the year ended December 31, 2017, the Company recorded a tax benefit of $526 million relating to the reduction of the valuation allowance on certain deferred tax assets previously determined not likely to be utilized and also the revaluation of its U.S. deferred tax liabilities at the reduced corporate income tax rate of 21% . The Company recorded this impact of enactment of U.S. tax reform subject to Staff Accounting Bulletin 118, which provided for a twelve-month measurement period to complete the accounting required under Accounting Standards Codification 740, Income Taxes. During the year ended December 31, 2018, the Company recorded a tax expense of $57 million resulting from recently issued guidance by the Internal Revenue Service ("IRS") related to certain international provisions of U.S. tax reform. The primary tax affected components of the Company's net deferred tax assets are as follows: December 31, 2019 2018 (In millions) Deferred tax assets: U.S. foreign tax credit carryforwards $ 4,791 $ 4,919 Net operating loss carryforwards 283 271 Accrued expenses 23 16 Stock-based compensation 15 13 Allowance for doubtful accounts 14 16 Deferred gain on mall sale transactions 13 14 Pre-opening expenses 9 11 State deferred items — 10 Other 1 1 5,149 5,271 Less — valuation allowances (4,786 ) (4,769 ) Total deferred tax assets 363 502 Deferred tax liabilities: Property and equipment (251 ) (245 ) Prepaid expenses (5 ) (3 ) Other (8 ) (77 ) Total deferred tax liabilities (264 ) (325 ) Deferred tax assets, net $ 99 $ 177 U.S. tax reform required the Company to compute a one-time mandatory tax on the previously unremitted earnings of its foreign subsidiaries during the year ended December 31, 2017. This one-time deemed repatriation of these earnings did not result in a cash tax liability for the Company as the incremental U.S. taxable income was fully offset by the utilization of the U.S. foreign tax credits generated as a result of the deemed repatriation. In addition, the deemed repatriation generated excess U.S. foreign tax credits, which were carried forward to tax years 2018 and beyond. The Company's U.S. foreign tax credit carryforwards were $4.84 billion and $4.99 billion as of December 31, 2019 and 2018 , respectively, which will begin to expire in 2022 . The Company's state net operating loss carryforward was $232 million as of December 31, 2018 . As a result of the sale of Sands Bethlehem, the Company had no state net operating loss carryforward as of December 31, 2019 . There was a valuation allowance of $4.51 billion and $4.50 billion as of December 31, 2019 and 2018 , respectively, provided on certain net U.S. deferred tax assets, as the Company believes these assets do not meet the "more-likely-than-not" criteria for recognition. Net operating loss carryforwards for the Company's foreign subsidiaries were $2.31 billion and $2.21 billion as of December 31, 2019 and 2018 , respectively, which began to expire in 2020 . There are valuation allowances of $279 million and $268 million as of December 31, 2019 and 2018 , respectively, provided on the net deferred tax assets of certain foreign jurisdictions, as the Company believes these assets do not meet the "more-likely-than-not" criteria for recognition. Undistributed earnings of subsidiaries are accounted for as a temporary difference, except deferred tax liabilities are not recorded for undistributed earnings of foreign subsidiaries deemed to be indefinitely reinvested in foreign jurisdictions. U.S. tax reform required the Company to compute a tax on previously unremitted earnings of its foreign subsidiaries upon transition from a worldwide tax system to a territorial tax system during the year ended December 31, 2017. The Company expects these earnings to be exempt from U.S. income tax if distributed as these earnings were taxed during the year ended December 31, 2017, under U.S. tax reform. The Company does not consider current year's tax earnings and profits of its foreign subsidiaries to be indefinitely reinvested. Beginning with the year ended December 31, 2015, the Company's major foreign subsidiaries distributed, and may continue to distribute, earnings in excess of their current year's tax earnings and profits in order to meet the Company's liquidity needs. As of December 31, 2019 , the amount of earnings and profits of foreign subsidiaries the Company does not intend to repatriate was $3.52 billion . The Company does not expect withholding taxes or other foreign income taxes to apply should these earnings be distributed in the form of dividends or otherwise. A reconciliation of the beginning and ending amounts of unrecognized tax benefits, is as follows: December 31, 2019 2018 2017 (In millions) Balance at the beginning of the year $ 118 $ 92 $ 74 Additions to tax positions related to prior years 1 2 1 Additions to tax positions related to current year 15 24 18 Lapse in statutes of limitations — — (1 ) Balance at the end of the year $ 134 $ 118 $ 92 As of December 31, 2019 , 2018 and 2017 , unrecognized tax benefits of $53 million , $67 million and $62 million , respectively, were recorded as reductions to the U.S. foreign tax credit deferred tax asset. As of December 31, 2019 , 2018 and 2017 , unrecognized tax benefits of $81 million , $51 million and $30 million , respectively, were recorded in other long-term liabilities. Included in the unrecognized tax benefit balance as of December 31, 2019 , 2018 and 2017 , are $115 million , $103 million and $80 million , respectively, of uncertain tax benefits that would affect the effective income tax rate if recognized. The Company's major tax jurisdictions are the U.S., Macao and Singapore. The Company could be subject to examination for tax years beginning 2010 in the U.S. and tax years beginning in 2015 in Macao and Singapore. The Company believes it has adequately reserved for its uncertain tax positions; however, there is no assurance the taxing authorities will not propose adjustments that are different from the Company's expected outcome and it could impact the provision for income taxes. The Company recognizes interest and penalties, if any, related to unrecognized tax positions in the provision for income taxes in the accompanying consolidated statement of operations. Interest and penalties of $5 million , $3 million and $1 million were accrued as of December 31, 2019 , 2018 and 2017 , respectively. The Company does not expect a significant increase or decrease in unrecognized tax benefits over the next twelve months.

Fair Value Measurements

Fair Value Measurements	12 Months Ended
	Dec. 31, 2019
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements Under applicable accounting guidance, fair value is defined as the exit price, or the amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants as of the measurement date. Applicable accounting guidance also establishes a valuation hierarchy for inputs in measuring fair value that maximizes the use of observable inputs (inputs market participants would use based on market data obtained from sources independent of the Company) and minimizes the use of unobservable inputs (inputs that reflect the Company's assumptions based upon the best information available in the circumstances) by requiring the most observable inputs be used when available. Level 1 inputs are quoted prices (unadjusted) in active markets for identical assets or liabilities. Level 2 inputs are quoted prices for similar assets or liabilities in active markets, quoted prices for identical or similar assets or liabilities in markets that are not active, and inputs (other than quoted prices) that are observable for the assets or liabilities, either directly or indirectly. Level 3 inputs are unobservable inputs for the assets or liabilities. Categorization within the hierarchy is based upon the lowest level of input that is significant to the fair value measurement. Cash equivalents, which are short-term investments with original maturities of less than 90 days, had an estimated fair value of $2.26 billion and $2.64 billion as of December 31, 2019 and 2018 , respectively. The estimated fair value of the Company's cash equivalents is based on level 1 inputs (quoted market prices in active markets).

Mall Activities

Mall Activities	12 Months Ended
	Dec. 31, 2019
Mall Activities [Abstract]
Mall Activities	Mall Activities The Grand Canal Shoppes at The Venetian Resort Las Vegas In April 2004, the Company entered into an agreement to sell the portion of the Grand Canal Shoppes located within The Venetian Tower (formerly referred to as "The Grand Canal Shoppes") and lease certain restaurant and other retail space at the casino level of The Venetian Tower (the "Master Lease") to GGP for approximately $766 million (the "Mall Sale"). The Mall Sale closed in May 2004, and the Company realized a gain of $418 million in connection with the Mall Sale. Under the Master Lease agreement, the Company leased nineteen retail and restaurant spaces on the casino level within The Venetian Tower to GGP for 89 years with annual rent of one dollar and GGP assumed the various tenant operating leases for those spaces. In accordance with related accounting standards, the Master Lease agreement does not qualify as a sale of the real property assets, which real property was not separately legally demised. Accordingly, $109 million of the transaction has been deferred as prepaid operating lease payments to the Company, which will amortize into income on a straight-line basis over the 89 -year lease term. During each of the years ended December 31, 2019 , 2018 and 2017 , $1 million of this deferred item was amortized and included in convention, retail and other revenue. In addition, the Company agreed with GGP to: (i) continue to be obligated to fulfill certain lease termination and asset purchase agreements; (ii) lease theater space located within The Grand Canal Shoppes from GGP for a period of 25 years with fixed minimum rent of $3 million per year with cost of living adjustments; (iii) operate the Gondola ride under an operating agreement for a period of 25 years for an annual fee of $4 million ; and (iv) lease certain office space from GGP for a period of 10 years, subject to extension options, with annual rent of approximately $1 million . The lease payments under clauses (ii) through (iv) above are subject to automatic increases beginning on the sixth lease year. In accordance with related accounting standards, a portion of the transaction must be deferred in an amount equal to the present value of the minimum lease payments set forth in the lease back agreements. This deferred gain will be amortized to reduce lease expense on a straight-line basis over the lives of the leases. During each of the years ended December 31, 2019 , 2018 and 2017 , $3 million of this deferred item was amortized as an offset to convention, retail and other expense. The Shoppes at The Palazzo The Company contracted to sell a portion of the Grand Canal Shoppes located within The Palazzo Tower (formerly referred to as The Shoppes at The Palazzo) to GGP pursuant to a purchase and sale agreement dated as of April 12, 2004, as amended (the "Amended Agreement") and under the terms of the settlement with GGP on June 24, 2011, the Company retained $295 million of proceeds received and participates in certain potential future revenues earned by GGP. Pursuant to the Amended Agreement, the Company agreed with GGP to lease certain spaces located within The Shoppes at The Palazzo. As the transaction has not been accounted for as a sale in accordance with related accounting standards, $225 million of the mall sale transaction has been recorded as deferred proceeds from the sale as of December 31, 2019 , which accrues interest at an imputed interest rate, offset by (i) imputed rental income and (ii) rent payments made to GGP related to those spaces leased back from GGP. In the Amended Agreement, the Company agreed to lease certain restaurant and retail space on the casino level of The Palazzo Tower to GGP pursuant to a master lease agreement ("The Palazzo Master Lease"). Under The Palazzo Master Lease, which was executed concurrently with, and as a part of, the closing on the sale of The Shoppes at The Palazzo to GGP on February 29, 2008, the Company leased nine restaurant and retail spaces on the casino level within The Palazzo Tower to GGP for 89 years with annual rent of one dollar and GGP assumed the various tenant operating leases for those spaces. In accordance with related accounting standards, The Palazzo Master Lease does not qualify as a sale of the real property assets, which real property was not separately legally demised. Accordingly, $23 million of the mall sale transaction has been deferred as prepaid operating lease payments to the Company, which will amortize into income on a straight-line basis over the 89 -year lease term.

Leases

Leases	12 Months Ended
	Dec. 31, 2019
Leases [Abstract]
Leases	Leases Lessee The Company has operating and finance leases for various real estate (including the Macao and Singapore leasehold interests in land) and equipment. Certain of our lease agreements include rental payments based on a percentage of sales over specified contractual amounts, rental payments adjusted periodically for inflation and rental payments based on usage. The Company’s leases include options to extend the lease term by one month to 40 years . The Company’s lease agreements do not contain any material residual value guarantees or material restrictive covenants. Leases recorded on the balance sheet consist of the following (excluding the Macao and Singapore leasehold interests in land assets; see "Note 5 — Leasehold Interests in Land, Net"): Leases Classification on the Balance Sheet December 31, (In millions) Assets Operating lease ROU assets Other assets, net $ 190 Finance lease ROU assets Property and equipment, net (1) $ 17 Liabilities Current Operating Other accrued liabilities $ 28 Finance Current maturities of long-term debt $ 8 Noncurrent Operating Other long-term liabilities $ 305 Finance Long-term debt $ 9 ____________________ (1) Finance lease ROU assets are recorded net of accumulated depreciation of $6 million as of December 31, 2019 . The cost and accumulated depreciation of property and equipment the Company is leasing under capital lease arrangements was $40 million and $24 million , respectively, as of December 31, 2018 . Other information related to lease term and discount rate is as follows: December 31, Weighted Average Remaining Lease Term Operating leases 31.6 years Finance leases 2.3 years Weighted Average Discount Rate Operating leases (1) 4.6 % Finance leases 3.8 % ____________________ (1) Upon adoption of the new lease standard, discount rates used for existing operating leases were established on January 1, 2019. The components of lease expense are as follows: Year Ended December 31, 2019 (In millions) Operating lease cost: Amortization of leasehold interests in land $ 51 Operating lease cost 34 Short-term lease cost 19 Variable lease cost 5 Finance lease cost: Amortization of ROU assets 5 Interest on lease liabilities 1 Total lease cost $ 115 Expenses incurred under operating lease agreements, including amortization of leasehold interest in land and those that are short-term and variable in nature, totaled $94 million and $116 million for the years ended December 31, 2018 and 2017 , respectively. Supplemental cash flow information related to leases is as follows: Year Ended December 31, 2019 (In millions) Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows for operating leases $ 40 Operating cash flows for finance leases $ 1 Financing cash flows for finance leases $ 5 Right-of-use assets obtained in exchange for lease liabilities: Operating leases $ 14 Finance leases $ 17 Property and equipment acquired under capital leases was $1 million for the year ended December 31, 2018 . Maturities of lease liabilities are summarized as follows: Operating Leases Finance Leases (In millions) Year ending December 31, 2020 $ 36 $ 9 2021 29 7 2022 26 2 2023 24 — 2024 23 — Thereafter 535 — Total future minimum lease payments 673 18 Less — amount representing interest (340 ) (1 ) Present value of future minimum lease payments 333 17 Less — current lease obligations (28 ) (8 ) Long-term lease obligations $ 305 $ 9 Lessor The Company leases space at several of its Integrated Resorts to various third parties as part of its mall operations, as well as retail, office space and land that are recorded within convention, retail and other revenues. These leases are non-cancelable operating leases with remaining lease periods that vary from one month to 50 years . The leases include minimum base rents with escalated contingent rent clauses. Lease revenue consists of the following: Year Ended December 31, 2019 Mall Other (In millions) Minimum rents $ 518 $ 15 Overage rents 98 2 $ 616 $ 17 Overage rents amounted to $88 million and $48 million for the years ended December 31, 2018 and 2017 , respectively. Future minimum rentals (excluding the escalated contingent rent clauses) on non-cancelable leases are as follows: Mall Other (In millions) Year ending December 31, 2020 $ 491 $ 9 2021 398 10 2022 295 6 2023 140 5 2024 94 3 Thereafter 111 5 Total minimum future rentals $ 1,529 $ 38 The cost and accumulated depreciation of property and equipment the Company is leasing to third parties is as follows: December 31, 2019 2018 (In millions) Property and equipment, at cost $ 1,320 $ 1,361 Accumulated depreciation (532 ) (469 ) Property and equipment, net $ 788 $ 892 Significant Impacts of Adoption The Company adopted the new lease standard on January 1, 2019, on a prospective basis, forgoing comparative reporting. The Company elected to utilize the transition guidance within the new standard, which allows the Company to carryforward the historical lease classification. The Company elected to not separate lease and non-lease components for all classes of underlying assets in which it is the lessee and made an accounting policy election to not account for leases with an initial term of 12 months or less on the balance sheet. Adoption of the standard resulted in the recording of additional ROU assets and lease liabilities for operating leases of $337 million as of January 1, 2019. The adoption of this guidance did not have an impact on net income.

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 31, 2019
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Litigation The Company is involved in other litigation in addition to those noted below, arising in the normal course of business. Management has made certain estimates for potential litigation costs based upon consultation with legal counsel. Actual results could differ from these estimates; however, in the opinion of management, such litigation and claims will not have a material effect on the Company’s financial condition, results of operations and cash flows. Asian American Entertainment Corporation, Limited v. Venetian Macau Limited, et al. On February 5, 2007, Asian American Entertainment Corporation, Limited (“AAEC” or “Plaintiff”) brought a claim (the “Prior Action”) in the U.S. District Court for the District of Nevada (the “U.S. District Court”) against Las Vegas Sands, Inc. (now known as Las Vegas Sands, LLC (“LVSLLC”)), Venetian Casino Resort, LLC (“VCR”) and Venetian Venture Development, LLC, which are subsidiaries of the Company, and William P. Weidner and David Friedman, who are former executives of the Company. The Prior Action sought damages based on an alleged breach of agreements entered into between AAEC and the aforementioned defendants for their joint presentation of a bid in response to the public tender held by the Macao government for the award of gaming concessions at the end of 2001. The U.S. District Court entered an order dismissing the Prior Action on April 16, 2010. On January 19, 2012, AAEC filed another claim (the “Macao Action”) with the Macao Judicial Court (Tribunal Judicial de Base) against VML, LVS (Nevada) International Holdings, Inc. (“LVS (Nevada)”), LVSLLC and VCR (collectively, the “Defendants”). The claim was for 3.0 billion patacas (approximately $374 million at exchange rates in effect on December 31, 2019 ). The Macao Action alleges a breach of agreements entered into between AAEC and LVS (Nevada), LVSLLC and VCR (collectively, the “U.S. Defendants”) for their joint presentation of a bid in response to the public tender held by the Macao government for the award of gaming concessions at the end of 2001. On July 4, 2012, the Defendants filed their defense to the Macao Action with the Macao Judicial Court and amended the defense on January 4, 2013. On March 24, 2014, the Macao Judicial Court issued a Decision (Despacho Seneador) holding that AAEC’s claim against VML is unfounded and that VML be removed as a party to the proceedings, and the claim should proceed exclusively against the U.S. Defendants. On May 8, 2014, AAEC lodged an appeal against that decision. On June 5, 2015, the U.S. Defendants applied to the Macao Judicial Court to dismiss the claims against them as res judicata based on the dismissal of the Prior Action. On March 16, 2016, the Macao Judicial Court dismissed the defense of res judicata. An appeal against that decision was lodged by U.S. Defendants on April 7, 2016. As of the end of December 2016, all appeals (including VML’s dismissal and the res judicata appeals) were being transferred to the Macao Second Instance Court. On May 11, 2017, the Macao Second Instance Court notified the parties of its decision of refusal to deal with the appeals at the present time. The Macao Second Instance Court ordered the court file be transferred back to the Macao Judicial Court. Evidence gathering by the Macao Judicial Court commenced by letters rogatory, which was completed on March 14, 2019, and the trial of this matter was scheduled for September 2019. On July 15, 2019, AAEC submitted a request to the Macao Judicial Court to increase the amount of its claim to 96.45 billion patacas (approximately $12.02 billion at exchange rates in effect on December 31, 2019 ), allegedly representing lost profits from 2004 to 2018, and reserving its right to claim for lost profits up to 2022 in due course at the enforcement stage. On September 2, 2019, the U.S. Defendants moved to revoke the legal aid granted to AAEC, which excuses AAEC from paying its share of court costs. On September 4, 2019, the Macao Judicial Court deferred ruling on the U.S. Defendants’ motion regarding legal aid until the entry of final judgment. The U.S. Defendants appealed that deferral on September 17, 2019. On September 26, 2019, the Macao Judicial Court rejected that appeal on procedural grounds; The U.S. Defendants requested clarification of that order on October 29, 2019. By order dated December 4, 2019, the Macao Judicial Court stated that it would reconsider the U.S. Defendants’ motion to revoke legal aid and, as part of that reconsideration, that it would reanalyze portions of the record, seek an opinion from the Macau Public Prosecutor regarding the propriety of legal aid, and consult with the trial court overseeing AAEC’s separate litigation against Galaxy Entertainment Group Ltd., Galaxy Entertainment Group S.A., and Messrs. Weidner and Friedman individually. The court has not yet issued its final opinion on this motion. On September 4, 2019, the Macao Judicial Court allowed AAEC’s request to increase the amount of its claim. On September 17, 2019, the U.S. Defendants appealed the decision granting AAEC’s request. On September 26, 2019, the Macao Judicial Court accepted that appeal and it is currently pending. On September 10, 2019, AAEC moved to reschedule the trial of the Macao Action, which had been scheduled to begin on September 12, 2019. The Macao Judicial Court granted that motion and rescheduled the trial to begin on September 16, 2020. The Macao Action is in a preliminary stage and management has determined that based on proceedings to date, it is currently unable to determine the probability of the outcome of this matter or the range of reasonably possible loss, if any. The Company intends to defend this matter vigorously. Macao Subconcession Under the Macao subconcession, the Company is obligated to pay to the Macao government an annual premium with a fixed portion and a variable portion based on the number and type of gaming tables it employs and gaming machines it operates. The fixed portion of the premium is equal to 30 million patacas (approximately $4 million at exchange rates in effect on December 31, 2019 ). The variable portion is equal to 300,000 patacas per gaming table reserved exclusively for certain kinds of games or players, 150,000 patacas per gaming table not so reserved and 1,000 patacas per electrical or mechanical gaming machine, including slot machines (approximately $37,399 , $18,700 and $125 , respectively, at exchange rates in effect on December 31, 2019 ), subject to a minimum of 45 million patacas (approximately $6 million at exchange rates in effect on December 31, 2019 ). The Company is also obligated to pay a special gaming tax of 35% of gross gaming revenues and applicable withholding taxes. The Company must also contribute 4% of its gross gaming revenue to utilities designated by the Macao government, a portion of which must be used for promotion of tourism in Macao. Based on the number and types of gaming tables employed and gaming machines in operation as of December 31, 2019 , the Company was obligated under its subconcession to make minimum future payments of approximately $42 million during each of the two years in the period ending December 31, 2021, and approximately $21 million during the year ending December 31, 2022.

Stock-Based Employee Compensati

Stock-Based Employee Compensation	12 Months Ended
	Dec. 31, 2019
Share-based Payment Arrangement [Abstract]
Stock-Based Employee Compensation	Stock-Based Employee Compensation The Company has two equity award plans for grants of options to purchase the Company's common stock and ordinary shares of SCL (the "2004 Plan" and the "SCL Equity Plan," respectively), which are described below. The plans provide for the granting of equity awards pursuant to the applicable provisions of the Internal Revenue Code and regulations. Las Vegas Sands Corp. 2004 Equity Award Plan The 2004 Plan gives the Company a competitive edge in attracting, retaining and motivating employees, directors and consultants and to provide the Company with a stock plan providing incentives directly related to increases in its stockholder value. Any of the Company's subsidiaries' or affiliates' employees, directors or officers and many of its consultants are eligible for awards under the 2004 Plan. The 2004 Plan provided for an aggregate of 26,344,000 shares of the Company's common stock to be available for awards. The 2004 Plan originally had a term of ten years , but in June 2014, the Company's Board of Directors approved an amendment to the 2004 Plan, extending the term to December 2019 . In May 2019, the Board of Directors and stockholders approved the adoption of the Las Vegas Sands Corp. Amended and Restated 2004 Equity Award Plan (the “Amended 2004 Plan”), which extended the term of the Amended 2004 Plan through December 2024 , and increased the number of shares of common stock available for grants by 10,000,000 shares. The compensation committee may grant awards of nonqualified stock options, incentive (qualified) stock options, stock appreciation rights, restricted stock awards, restricted stock units, stock bonus awards, performance compensation awards or any combination of the foregoing. As of December 31, 2019 , there were 9,777,920 shares available for grant under the Amended 2004 Plan. Stock option awards are granted with an exercise price equal to the fair market value (as defined in the Amended 2004 Plan) of the Company's stock on the date of grant. The outstanding stock options generally vest over three to four years and have ten -year contractual terms. Compensation cost for all stock option grants, which all have graded vesting, is recognized on a straight-line basis over the awards' respective requisite service periods. The Company estimates the fair value of stock options using the Black-Scholes option-pricing model. Expected volatilities are based on the Company's historical volatility for a period equal to the expected life of the stock options. The expected option life is based on the contractual term of the option as well as historical exercise and forfeiture behavior. The risk-free interest rate for periods equal to the expected term of the stock option is based on the U.S. Treasury yield curve in effect at the time of grant. The expected dividend yield is based on the estimate of annual dividends expected to be paid at the time of the grant. Sands China Ltd. Equity Award Plan The SCL Equity Plan gives SCL a competitive edge in attracting, retaining and motivating employees, directors and consultants and to provide SCL with a stock plan providing incentives directly related to increases in its stockholder value. Subject to certain criteria as defined in the SCL Equity Plan, SCL's subsidiaries' or affiliates' employees, directors or officers and many of its consultants are eligible for awards under the SCL Equity Plan. The SCL 2009 Equity Plan provided for an aggregate of 804,786,508 shares of SCL's common stock to be available for awards. The SCL 2009 Equity Plan had a term of ten years , which expired on November 30, 2019, and no further awards may be granted after the expiration of the term. All existing awards previously granted under the SCL 2009 Equity Plan, but which are unexercised or unvested, will remain valid and (where applicable) exercisable in accordance with their terms of grant despite the expiration of the SCL 2009 Equity Plan. SCL's remuneration committee may grant awards of stock options, stock appreciation rights, restricted stock awards, restricted stock units, stock bonus awards, performance compensation awards or any combination of the foregoing. Effective December 1, 2019, the SCL 2019 Equity Plan was approved by shareholders, with materially the same terms of the SCL 2009 Equity Plan. As of December 31, 2019 , there were 808,619,139 shares available for grant under the SCL 2019 Equity Plan. Stock option awards are granted with an exercise price not less than (i) the closing price of SCL's stock on the date of grant or (ii) the average closing price of SCL's stock for the five business days immediately preceding the date of grant. The outstanding stock options generally vest over four years and have ten -year contractual terms. Compensation cost for all stock option grants, which all have graded vesting is recognized on a straight-line basis over the awards' respective requisite service periods. SCL estimates the fair value of stock options using the Black-Scholes option-pricing model. Expected volatilities are based on SCL's historical volatility for a period equal to the expected life of the stock options. The expected option life is based on the contractual term of the option as well as historical exercise and forfeiture behavior. The risk-free interest rate for periods equal to the expected term of the stock option is based on the Hong Kong Government Bond rate in effect at the time of the grant. The expected dividend yield is based on the estimate of annual dividends expected to be paid at the time of the grant. Under the SCL 2019 Equity Plan, SCL granted restricted share units to eligible employees. Each grant will vest over a three-year period. Employees are entitled to a future cash payment that is equivalent to the fair value of the restricted share unit and any accumulated dividends in cash upon vesting. Stock-Based Employee Compensation Activity The fair value of each option grant was estimated on the grant date using the Black-Scholes option-pricing model with the following weighted average assumptions: Year Ended December 31, 2019 2018 2017 LVSC Amended 2004 Plan: Weighted average volatility 24.1 % 25.8 % 26.7 % Expected term (in years) 5.5 6.7 5.1 Risk-free rate 2.1 % 2.9 % 1.9 % Expected dividend yield 5.2 % 5.7 % 4.7 % SCL Equity Plan: Weighted average volatility 36.9 % 36.0 % 36.9 % Expected term (in years) 4.8 4.7 4.4 Risk-free rate 1.7 % 1.7 % 1.3 % Expected dividend yield 5.0 % 5.8 % 6.6 % A summary of the stock option activity for the Company's equity award plans for the year ended December 31, 2019 , is presented below: Shares Weighted Average Exercise Price Weighted Average Remaining Contractual Life (Years) Aggregate Intrinsic Value (in millions) LVSC Amended 2004 Plan: Outstanding as of January 1, 2019 7,956,364 $ 55.10 Granted 1,204,145 59.42 Exercised (569,224 ) 44.45 Forfeited or expired (75,430 ) 65.10 Outstanding as of December 31, 2019 8,515,855 $ 56.33 7.26 $ 112 Exercisable as of December 31, 2019 3,672,863 $ 57.85 5.54 $ 43 SCL Equity Plan: Outstanding as of January 1, 2019 57,382,375 $ 4.81 Granted 19,409,600 5.08 Exercised (7,748,525 ) 3.65 Forfeited or expired (4,169,300 ) 5.35 Outstanding as of December 31, 2019 64,874,150 $ 4.99 7.49 $ 41 Exercisable as of December 31, 2019 22,214,150 $ 5.10 5.95 $ 18 A summary of the unvested restricted stock and restricted stock units under the Company's equity award plans for the year ended December 31, 2019 , is presented below: Shares Weighted Average Grant Date Fair Value LVSC Amended 2004 Plan: Unvested Restricted Stock Balance as of January 1, 2019 41,703 $ 55.77 Granted 11,039 63.40 Vested (33,405 ) 55.84 Balance as of December 31, 2019 19,337 $ 60.00 SCL Equity Plan: Unvested Restricted Stock Units Balance as of January 1, 2019 — $ — Granted 1,412,400 4.99 Forfeited (5,200 ) 4.99 Balance as of December 31, 2019 1,407,200 $ 4.99 The grant date fair value of SCL's restricted stock unit awards is the share price of SCL's ordinary shares at the respective grant date. The fair value of these awards is remeasured each reporting period until the vesting dates. Upon settlement, SCL will pay the grantees an amount in cash calculated based on the higher of (i) the closing price of SCL's shares on the vesting date, and (ii) the average closing price of SCL's shares for the five trading days immediately preceding the vesting date. The accrued liability associated with these cash-settled restricted stock units was $1 million as of December 31, 2019 . As of December 31, 2019 , under the Amended 2004 Plan there was $24 million of unrecognized compensation cost related to unvested stock options. The stock option costs are expected to be recognized over a weighted average period of 3.7 years. As of December 31, 2019 , under the SCL Equity Plan there was $29 million and $7 million of unrecognized compensation cost related to unvested stock options and unvested restricted stock units, respectively. The stock option and restricted stock unit costs are expected to be recognized over a weighted average period of 2.6 years and 2.7 years, respectively. The stock-based compensation activity for the Amended 2004 Plan and SCL Equity Plan is as follows for the three years ended December 31, 2019 : Year Ended December 31, 2019 2018 2017 (Dollars in millions, except weighted average grant date fair values) Compensation expense: Stock options $ 34 $ 29 $ 29 Restricted stock and stock units 2 1 5 $ 36 $ 30 $ 34 Income tax benefit recognized in the consolidated statements of operations $ 4 $ 4 $ 7 Compensation cost capitalized as part of property and equipment $ 1 $ 1 $ — LVSC Amended 2004 Plan: Stock options granted 1,204,145 3,124,168 1,027,108 Weighted average grant date fair value $ 7.23 $ 7.52 $ 8.95 Restricted stock granted 11,039 10,296 37,270 Weighted average grant date fair value $ 63.40 $ 77.68 $ 58.51 Stock options exercised: Intrinsic value $ 11 $ 16 $ 11 Cash received $ 26 $ 56 $ 28 SCL 2019 Equity Plan: Stock options granted 19,409,600 18,872,800 17,364,000 Weighted average grant date fair value $ 1.03 $ 1.01 $ 0.71 Restricted stock units granted 1,412,400 — — Weighted average grant date fair value $ 4.99 $ — $ — Stock options exercised: Intrinsic value $ 12 $ 12 $ 4 Cash received $ 28 $ 23 $ 12

Related Party Transactions

Related Party Transactions	12 Months Ended
	Dec. 31, 2019
Related Party Transactions [Abstract]
Related Party Transactions	Related Party Transactions During the years ended December 31, 2019 , 2018 and 2017 , the Principal Stockholder and his family purchased certain services from the Company including lodging, banquet services and other goods and services for $2 million , $3 million and $3 million , respectively. For the years ended December 31, 2019 , 2018 and 2017 , the Company incurred $3 million , $2 million and $1 million , respectively, for food and beverage services provided by restaurants the Principal Stockholder has an ownership interest in. During the years ended December 31, 2019 , 2018 and 2017 , the Company incurred certain expenses of $9 million , $6 million and $10 million , respectively, related to the Company's use of its Principal Stockholder's personal aircraft and yacht and aircraft refurbishment and maintenance services for business purposes. During the years ended December 31, 2019 , 2018 and 2017 , the Company charged the Principal Stockholder $25 million , $20 million and $21 million , respectively, related to aviation costs incurred by the Company for the Principal Stockholder's use of Company aviation personnel and assets for personal purposes. In addition, the Principal Stockholder agreed to reimburse the Company for the installation of avionics and aircraft systems on his personal aircraft. During the years ended December 31, 2019 and 2018, the Company paid $9 million and $13 million , respectively, for such costs and was reimbursed in full by the Principal Stockholder. Related party receivables were $3 million as of December 31, 2019 and 2018 . Related party payables were $2 million and less than $1 million as of December 31, 2019 and 2018 , respectively.

Segment Information

Segment Information	12 Months Ended
	Dec. 31, 2019
Segment Reporting [Abstract]
Segment Information	Segment Information The Company's principal operating and developmental activities occur in three geographic areas: Macao, Singapore and the U.S. The Company reviews the results of operations for each of its operating segments: The Venetian Macao; Sands Cotai Central; The Parisian Macao; The Plaza Macao and Four Seasons Hotel Macao; Sands Macao; Marina Bay Sands; Las Vegas Operating Properties; and, through May 30, 2019, Sands Bethlehem. The Company also reviews construction and development activities for each of its primary projects currently under development, in addition to its reportable segments noted above, which include the renovation, expansion and rebranding of Sands Cotai Central to The Londoner Macao, The Grand Suites at Four Seasons and The Londoner Tower Suites in Macao, and the Las Vegas Condo Tower (for which construction currently is suspended) in the United States. The Company has included Ferry Operations and Other (comprised primarily of the Company's ferry operations and various other operations that are ancillary to its properties in Macao) to reconcile to consolidated results of operations and financial condition. The Company has included Corporate and Other (which includes the Las Vegas Condo Tower and corporate activities of the Company) to reconcile to the consolidated financial condition. The Company's segment information as of and for the years ended December 31, 2019 , 2018 and 2017 , is as follows: Casino Rooms Food and Beverage Mall Convention, Retail and Other Net Revenues Year Ended December 31, 2019 (In millions) Macao: The Venetian Macao $ 2,875 $ 222 $ 73 $ 254 $ 86 $ 3,510 Sands Cotai Central 1,541 320 97 71 23 2,052 The Parisian Macao 1,376 130 70 53 21 1,650 The Plaza Macao and Four Seasons Hotel Macao 650 41 31 151 4 877 Sands Macao 576 18 27 3 4 628 Ferry Operations and Other — — — — 117 117 7,018 731 298 532 255 8,834 Marina Bay Sands 2,167 404 241 185 104 3,101 United States: Las Vegas Operating Properties 444 610 347 — 417 1,818 Sands Bethlehem (1) 199 7 11 1 9 227 643 617 358 1 426 2,045 Intercompany eliminations (2) — — — (2 ) (239 ) (241 ) Total net revenues $ 9,828 $ 1,752 $ 897 $ 716 $ 546 $ 13,739 Casino Rooms Food and Beverage Mall Convention, Retail and Other Net Revenues Year Ended December 31, 2018 Macao: The Venetian Macao $ 2,829 $ 223 $ 81 $ 234 $ 107 $ 3,474 Sands Cotai Central 1,622 331 102 69 29 2,153 The Parisian Macao 1,265 124 65 57 22 1,533 The Plaza Macao and Four Seasons Hotel Macao 502 39 29 145 4 719 Sands Macao 598 17 27 3 5 650 Ferry Operations and Other — — — — 160 160 6,816 734 304 508 327 8,689 Marina Bay Sands 2,178 393 211 179 108 3,069 United States: Las Vegas Operating Properties 357 590 324 — 411 1,682 Sands Bethlehem 468 16 26 4 22 536 825 606 350 4 433 2,218 Intercompany eliminations (2) — — — (1 ) (246 ) (247 ) Total net revenues $ 9,819 $ 1,733 $ 865 $ 690 $ 622 $ 13,729 Year Ended December 31, 2017 Macao: The Venetian Macao $ 2,362 $ 179 $ 74 $ 220 $ 89 $ 2,924 Sands Cotai Central 1,433 291 102 63 27 1,916 The Parisian Macao 1,120 128 61 66 20 1,395 The Plaza Macao and Four Seasons Hotel Macao 391 34 28 131 3 587 Sands Macao 574 19 27 — 6 626 Ferry Operations and Other — — — — 161 161 5,880 651 292 480 306 7,609 Marina Bay Sands 2,333 358 183 167 93 3,134 United States: Las Vegas Operating Properties 380 561 325 — 391 1,657 Sands Bethlehem 493 16 28 4 23 564 873 577 353 4 414 2,221 Intercompany eliminations (2) — — — — (236 ) (236 ) Total net revenues $ 9,086 $ 1,586 $ 828 $ 651 $ 577 $ 12,728 _________________________ (1) The Company completed the sale of Sands Bethlehem on May 31, 2019 (see “Note 1 — Organization and Business of Company”). Results of operations include Sands Bethlehem through May 30, 2019. (2) Intercompany eliminations include royalties and other intercompany services. Year Ended December 31, 2019 2018 2017 (In millions) Intersegment Revenues Macao: The Venetian Macao $ 4 $ 4 $ 5 Ferry Operations and Other 27 25 23 31 29 28 Marina Bay Sands 4 9 8 Las Vegas Operating Properties 206 209 200 Total intersegment revenues $ 241 $ 247 $ 236 Year Ended December 31, 2019 2018 2017 (In millions) Adjusted Property EBITDA Macao: The Venetian Macao $ 1,407 $ 1,378 $ 1,133 Sands Cotai Central 726 759 633 The Parisian Macao 544 484 413 The Plaza Macao and Four Seasons Hotel Macao 345 262 233 Sands Macao 175 178 174 Ferry Operations and Other (8 ) 18 21 3,189 3,079 2,607 Marina Bay Sands 1,661 1,690 1,755 United States: Las Vegas Operating Properties 487 394 391 Sands Bethlehem (1) 52 116 147 539 510 538 Consolidated adjusted property EBITDA (2) 5,389 5,279 4,900 Other Operating Costs and Expenses Stock-based compensation (3) (14 ) (12 ) (14 ) Corporate (313 ) (202 ) (173 ) Pre-opening (34 ) (6 ) (8 ) Development (24 ) (12 ) (13 ) Depreciation and amortization (1,165 ) (1,111 ) (1,171 ) Amortization of leasehold interests in land (51 ) (35 ) (37 ) Loss on disposal or impairment of assets (90 ) (150 ) (20 ) Operating income 3,698 3,751 3,464 Other Non-Operating Costs and Expenses Interest income 74 59 16 Interest expense, net of amounts capitalized (555 ) (446 ) (327 ) Other income (expense) 23 26 (94 ) Gain on sale of Sands Bethlehem 556 — — Loss on modification or early retirement of debt (24 ) (64 ) (5 ) Income tax (expense) benefit (468 ) (375 ) 209 Net income $ 3,304 $ 2,951 $ 3,263 _________________________ (1) The Company completed the sale of Sands Bethlehem on May 31, 2019 (see “Note 1 — Organization and Business of Company”). Results of operations include Sands Bethlehem through May 30, 2019. (2) Consolidated adjusted property EBITDA, which is a non-GAAP financial measure, is net income before stock-based compensation expense, corporate expense, pre-opening expense, development expense, depreciation and amortization, amortization of leasehold interests in land, gain or loss on disposal or impairment of assets, interest, other income or expense, gain on sale of Sands Bethlehem, gain or loss on modification or early retirement of debt and income taxes. Consolidated adjusted property EBITDA is a supplemental non-GAAP financial measure used by management, as well as industry analysts, to evaluate operations and operating performance. In particular, management utilizes consolidated adjusted property EBITDA to compare the operating profitability of its operations with those of its competitors, as well as a basis for determining certain incentive compensation. Integrated Resort companies have historically reported adjusted property EBITDA as a supplemental performance measure to GAAP financial measures. In order to view the operations of their properties on a more stand-alone basis, Integrated Resort companies, including Las Vegas Sands Corp., have historically excluded certain expenses that do not relate to the management of specific properties, such as pre-opening expense, development expense and corporate expense, from their adjusted property EBITDA calculations. Consolidated adjusted property EBITDA should not be interpreted as an alternative to income from operations (as an indicator of operating performance) or to cash flows from operations (as a measure of liquidity), in each case, as determined in accordance with GAAP. The Company has significant uses of cash flow, including capital expenditures, dividend payments, interest payments, debt principal repayments and income taxes, which are not reflected in consolidated adjusted property EBITDA. Not all companies calculate adjusted property EBITDA in the same manner. As a result, consolidated adjusted property EBITDA as presented by the Company may not be directly comparable to similarly titled measures presented by other companies. (3) During the years ended December 31, 2019 , 2018 and 2017 , the Company recorded stock-based compensation expense of $36 million , $30 million and $34 million , respectively, of which $22 million , $18 million and $20 million , respectively, was included in corporate expense in the accompanying consolidated statements of operations. Year Ended December 31, 2019 2018 2017 (In millions) Capital Expenditures Corporate and Other $ 59 $ 81 $ 9 Macao: The Venetian Macao 131 180 153 Sands Cotai Central 282 131 86 The Parisian Macao 32 131 204 The Plaza Macao and Four Seasons Hotel Macao 298 63 22 Sands Macao 16 29 10 Ferry Operations and Other 3 1 4 762 535 479 Marina Bay Sands 195 182 196 United States: Las Vegas Operating Properties 198 127 123 Sands Bethlehem (1) 2 24 30 200 151 153 Total capital expenditures $ 1,216 $ 949 $ 837 _________________________ (1) The Company completed the sale of Sands Bethlehem on May 31, 2019 (see “Note 1 — Organization and Business of Company”). Results of operations include Sands Bethlehem through May 30, 2019. December 31, 2019 2018 2017 (In millions) Total Assets Corporate and Other $ 1,390 $ 1,296 $ 953 Macao: The Venetian Macao 3,243 3,403 2,640 Sands Cotai Central 4,504 4,295 3,891 The Parisian Macao 2,351 2,455 2,496 The Plaza Macao and Four Seasons Hotel Macao 1,239 883 930 Sands Macao 324 322 282 Ferry Operations and Other 156 259 275 11,817 11,617 10,514 Marina Bay Sands 5,880 4,674 5,054 United States: Las Vegas Operating Properties 4,112 4,321 3,530 Sands Bethlehem (1) — 639 636 4,112 4,960 4,166 Total assets $ 23,199 $ 22,547 $ 20,687 _________________________ (1) The Company completed the sale of Sands Bethlehem on May 31, 2019 (see “Note 1 — Organization and Business of Company”). Results of operations include Sands Bethlehem through May 30, 2019. December 31, 2019 2018 2017 (In millions) Total Long-Lived Assets (1) Corporate and Other $ 311 $ 281 $ 249 Macao: The Venetian Macao 1,740 1,750 1,728 Sands Cotai Central 3,591 3,414 3,516 The Parisian Macao 2,203 2,317 2,375 The Plaza Macao and Four Seasons Hotel Macao 1,112 772 853 Sands Macao 237 229 222 Ferry Operations and Other 54 130 146 8,937 8,612 8,840 Marina Bay Sands 5,063 4,148 4,336 United States: Las Vegas Operating Properties 2,805 2,762 2,779 Sands Bethlehem (2) — 549 549 2,805 3,311 3,328 Total long-lived assets $ 17,116 $ 16,352 $ 16,753 _________________________ (1) Long-lived assets include property and equipment, net of accumulated depreciation and amortization, and leasehold interests in land, net of accumulated amortization. (2) The Company completed the sale of Sands Bethlehem on May 31, 2019 (see “Note 1 — Organization and Business of Company”). Results of operations include Sands Bethlehem through May 30, 2019.

Selected Quarterly Financial Re

Selected Quarterly Financial Results (Unaudited)	12 Months Ended
	Dec. 31, 2019
Quarterly Financial Information Disclosure [Abstract]
Selected Quarterly Financial Results (Unaudited)	Selected Quarterly Financial Results (Unaudited) Quarter First (1) Second (2) Third Fourth (1) Total (In millions, except per share data) 2019 Net revenues $ 3,646 $ 3,334 $ 3,250 $ 3,509 $ 13,739 Operating income 971 894 899 934 3,698 Net income 744 1,108 669 783 3,304 Net income attributable to Las Vegas Sands Corp. 582 954 533 629 2,698 Basic earnings per share 0.75 1.24 0.69 0.82 3.50 Diluted earnings per share 0.75 1.24 0.69 0.82 3.50 2018 Net revenues $ 3,579 $ 3,303 $ 3,372 $ 3,475 $ 13,729 Operating income 1,158 797 922 874 3,751 Net income (loss) 1,616 676 699 (40 ) 2,951 Net income (loss) attributable to Las Vegas Sands Corp. 1,456 556 571 (170 ) 2,413 Basic earnings (loss) per share 1.85 0.70 0.73 (0.22 ) 3.07 Diluted earnings (loss) per share 1.84 0.70 0.73 (0.22 ) 3.07 ________________________ (1) During Q1 2018, the Company recorded a nonrecurring non-cash discrete income tax benefit of $670 million due to the implementation of the Global Intangible Low-Taxed Income ("GILTI") provision of U.S. tax reform. During Q4 2018, the IRS issued guidance clarifying the implementation of the GILTI and other provisions that would impact the foreign tax credit utilization and required an increase of a valuation allowance related to the Company's historical foreign tax credits. As a result, in Q4 2018, the Company recorded a nonrecurring non-cash discrete income tax expense of $727 million . (2) During Q2 2019, the Company closed the sale of Sands Bethlehem and recorded a gain on the sale of $556 million . Because earnings per share amounts are calculated using the weighted average number of common and dilutive common equivalent shares outstanding during each quarter, the sum of the per share amounts for the four quarters may not equal the total earnings per share amounts for the respective year.

Schedule II - Valuation and Qua

Schedule II - Valuation and Qualifying Accounts	12 Months Ended
	Dec. 31, 2019
SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]
Schedule II - Valuation and Qualifying Accounts	SCHEDULE II — VALUATION AND QUALIFYING ACCOUNTS LAS VEGAS SANDS CORP. AND SUBSIDIARIES For the Years Ended December 31, 2019 , 2018 and 2017 Description Balance at Beginning of Year Provision for Doubtful Accounts Write-offs, Net of Recoveries Balance at End of Year (In millions) Allowance for doubtful accounts: 2017 $ 576 96 (230 ) $ 442 2018 $ 442 5 (123 ) $ 324 2019 $ 324 30 (72 ) $ 282 Description Balance at Beginning of Year Additions Deductions Balance at End of Year (In millions) Deferred income tax asset valuation allowance: 2017 $ 4,197 510 (17 ) $ 4,690 2018 $ 4,690 105 (26 ) $ 4,769 2019 $ 4,769 29 (12 ) $ 4,786

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2019
Accounting Policies [Abstract]
Principles of Consolidation	Principles of Consolidation T he consolidated financial statements include the accounts of the Company, its majority-owned subsidiaries and variable interest entities ("VIEs") in which the Company is the primary beneficiary. All intercompany balances and transactions have been eliminated in consolidation.
Use of Estimates	Use of Estimates The preparation of the consolidated financial statements in conformity with accounting principles generally accepted in the United States of America requires the Company to make estimates and judgments that affect the reported amounts of assets and liabilities, revenues and expenses, and related disclosures of contingent assets and liabilities. These estimates and judgments are based on historical information, information currently available to the Company and on various other assumptions that the Company believes to be reasonable under the circumstances. Actual results could vary from those estimates.
Cash and Cash Equivalents	Cash and Cash Equivalents Cash and cash equivalents consist of cash and short-term investments with original maturities of less than 90 days. Such investments are carried at cost, which is a reasonable estimate of their fair value. Cash equivalents are placed with high credit quality financial institutions and are primarily in money market funds. Restricted cash represents those amounts contractually reserved for substantial mall-related repairs and maintenance expenditures. The estimated fair value of the Company's cash equivalents is based on level 1 inputs (quoted market prices in active markets).
Accounts Receivable and Credit Risk	Accounts Receivable and Credit Risk Accounts receivable are comprised of casino, hotel and other receivables, which do not bear interest and are recorded at cost. The Company extends credit to approved casino customers following background checks and investigations of creditworthiness. The Company also extends credit to gaming promoters in Macao, which receivables can be offset against commissions payable to the respective gaming promoters. Business or economic conditions, the legal enforceability of gaming debts, foreign currency control measures or other significant events in foreign countries could affect the collectability of receivables from customers and gaming promoters residing in these countries. The allowance for doubtful accounts represents the Company's best estimate of the amount of probable credit losses in the Company's existing accounts receivable. The Company determines the allowance based on an analysis of the collectability of each account with a balance over a specified dollar amount, based upon the age of the account, the customer's financial condition, collection history and any other known information, and the Company applies standard reserve percentages to aged account balances under the specified dollar amount. The Company also monitors regional and global economic conditions and forecasts in its evaluation of the adequacy of the recorded reserves. Account balances are charged off against the allowance when the Company believes it is probable the receivable will not be recovered. Management believes there are no concentrations of credit risk for which an allowance has not been established. Although management believes the allowance is adequate, it is possible the estimated amount of cash collections with respect to accounts receivable could change.
Inventories	Inventories Inventories consist primarily of food, beverage, retail products and operating supplies, which are stated at the lower of cost or net realizable value. Cost is determined by the weighted average and specific identification methods.
Property and Equipment	Property and Equipment Property and equipment are stated at cost, net of accumulated depreciation and amortization, and accumulated impairment losses, if any. Depreciation and amortization are provided on a straight-line basis over the estimated useful lives of the assets, which do not exceed the lease term for leasehold improvements, as follows: Land improvements, building and building improvements 10 to 50 years Furniture, fixtures and equipment 3 to 20 years Leasehold improvements 3 to 15 years Transportation 5 to 20 years The estimated useful lives are based on the nature of the assets as well as current operating strategy and legal considerations, such as contractual life, and are periodically reviewed. Future events, such as property expansions, property developments, new competition or new regulations, could result in a change in the manner in which the Company uses certain assets requiring a change in the estimated useful lives of such assets. Maintenance and repairs that neither materially add to the value of the asset nor appreciably prolong its life are charged to expense as incurred. Gains or losses on disposition of property and equipment are included in the consolidated statements of operations. The Company evaluates its property and equipment and other long-lived assets for impairment in accordance with related accounting standards. For assets to be disposed of, the Company recognizes the asset to be sold at the lower of carrying value or fair value less costs of disposal. Fair value for assets to be disposed of is estimated based on comparable asset sales, solicited offers or a discounted cash flow model. Fixed assets are reviewed for impairment whenever indicators of impairment exist. Determining the recoverability of the Company's asset groups is judgmental in nature and requires the use of significant estimates and assumptions, including estimated cash flows, probability weighting of potential scenarios, costs to complete construction for assets under development, growth rates and future market conditions, among others. Future changes to the Company's estimates and assumptions based upon changes in macro-economic factors, regulatory environments, operating results or management's intentions may result in future changes to the recoverability of these asset groups.
Lessee, leases	Leases Management determines if a contract is, or contains, a lease at inception or modification of a contract. A contract is, or contains, a lease if the contract conveys the right to control the use of an identified asset for a period in exchange for consideration. Control over the use of the identified asset means the lessee has both (a) the right to obtain substantially all of the economic benefits from the use of the asset and (b) the right to direct the use of the asset. Finance and operating lease right-of-use ("ROU") assets and liabilities are recognized based on the present value of future minimum lease payments over the expected lease term at commencement date. As the implicit rate is not determinable in most of the Company’s leases, management uses the Company’s incremental borrowing rate based on the information available at commencement date in determining the present value of future payments. The expected lease terms include options to extend or terminate the lease when it is reasonably certain the Company will exercise such option. Lease expense for minimum lease payments is recognized on a straight-line basis over the expected lease term. The Company’s lease arrangements have lease and non-lease components. For leases in which the Company is the lessee, the Company accounts for the lease components and non-lease components as a single lease component for all classes of underlying assets (primarily real estate). Leases in which the Company is the lessor are substantially all accounted for as operating leases and the lease components and non-lease components are accounted for separately. Leases with an expected term of 12 months or less are not accounted for on the balance sheet and the related lease expense is recognized on a straight-line basis over the expected lease term.
Lessor, leases	Leases Management determines if a contract is, or contains, a lease at inception or modification of a contract. A contract is, or contains, a lease if the contract conveys the right to control the use of an identified asset for a period in exchange for consideration. Control over the use of the identified asset means the lessee has both (a) the right to obtain substantially all of the economic benefits from the use of the asset and (b) the right to direct the use of the asset. Finance and operating lease right-of-use ("ROU") assets and liabilities are recognized based on the present value of future minimum lease payments over the expected lease term at commencement date. As the implicit rate is not determinable in most of the Company’s leases, management uses the Company’s incremental borrowing rate based on the information available at commencement date in determining the present value of future payments. The expected lease terms include options to extend or terminate the lease when it is reasonably certain the Company will exercise such option. Lease expense for minimum lease payments is recognized on a straight-line basis over the expected lease term. The Company’s lease arrangements have lease and non-lease components. For leases in which the Company is the lessee, the Company accounts for the lease components and non-lease components as a single lease component for all classes of underlying assets (primarily real estate). Leases in which the Company is the lessor are substantially all accounted for as operating leases and the lease components and non-lease components are accounted for separately. Leases with an expected term of 12 months or less are not accounted for on the balance sheet and the related lease expense is recognized on a straight-line basis over the expected lease term.
Capitalized Interest and Internal Costs	Capitalized Interest and Internal Costs
Deferred Financing Costs and Original Issue Discounts	Deferred Financing Costs and Original Issue Discounts Certain direct and incremental costs and discounts incurred in obtaining loans are capitalized and amortized to interest expense based on the terms of the related debt instruments using the effective interest method.
Leasehold Interests in Land	Leasehold Interests in Land Leasehold interests in land represent payments for the use of land over an extended period of time. The leasehold interests in land are amortized on a straight-line basis over the expected term of the related lease agreements.
Revenue Recognition	Revenue Recognition Revenue from contracts with customers primarily consists of casino wagers, room sales, food and beverage transactions, rental income from the Company’s mall tenants, convention sales and entertainment and ferry ticket sales. These contracts can be written, oral or implied by customary business practices. Gross casino revenue is the aggregate of gaming wins and losses. The commissions rebated to gaming promoters and premium players for rolling play, cash discounts and other cash incentives to patrons related to gaming play are recorded as a reduction to gross casino revenue. Gaming contracts include a performance obligation to honor the patron’s wager and typically include a performance obligation to provide a product or service to the patron on a complimentary basis to incentivize gaming or in exchange for points earned under the Company’s loyalty programs. For wagering contracts that include complimentary products and services provided by the Company to incentivize gaming, the Company allocates the relative stand-alone selling price of each product and service to the respective revenue type. Complimentary products or services provided under the Company's control and discretion, which are supplied by third parties, are recorded as an operating expense. For wagering contracts that include products and services provided to a patron in exchange for points earned under the Company’s loyalty programs, the Company allocates the estimated fair value of the points earned to the loyalty program liability. The loyalty program liability is a deferral of revenue until redemption occurs. Upon redemption of loyalty program points for Company-owned products and services, the stand-alone selling price of each product or service is allocated to the respective revenue type. For redemptions of points with third parties, the redemption amount is deducted from the loyalty program liability and paid directly to the third party. Any discounts received by the Company from the third party in connection with this transaction are recorded to other revenue. After allocation to the other revenue types for products and services provided to patrons as part of a wagering contract, the residual amount is recorded to casino revenue as soon as the wager is settled. As all wagers have similar characteristics, the Company accounts for its gaming contracts collectively on a portfolio basis versus an individual basis. Hotel revenue recognition criteria are met at the time of occupancy. Food and beverage revenue recognition criteria are met at the time of service. Convention revenues are recognized when the related service is rendered or the event is held. Deposits for future hotel occupancy, convention space or food and beverage services contracts are recorded as deferred revenue until the revenue recognition criteria are met. Cancellation fees for convention contracts are recognized upon cancellation by the customer and are included in other revenues. Ferry and entertainment revenue recognition criteria are met at the completion of the ferry trip or event, respectively. Revenue from contracts with a combination of these services is allocated pro rata based on each service’s relative stand-alone selling price. Revenue from leases is primarily recorded to mall revenue and is generated from base rents and overage rents received through long-term leases with retail tenants. Base rent, adjusted for contractual escalations, is recognized on a straight-line basis over the term of the related lease. Overage rent is paid by a tenant when its sales exceed an agreed upon minimum amount and is not recognized by the Company until the threshold is met. Contract and Contract Related Liabilities The Company provides numerous products and services to its customers. There is often a timing difference between the cash payment by the customers and recognition of revenue for each of the associated performance obligations. The Company has the following main types of liabilities associated with contracts with customers: (1) outstanding chip liability, (2) loyalty program liability and (3) customer deposits and other deferred revenue for gaming and non-gaming products and services yet to be provided. The outstanding chip liability represents the collective amounts owed to gaming promoters and patrons in exchange for gaming chips in their possession. Outstanding chips are expected to be recognized as revenue or redeemed for cash within one year of being purchased. The loyalty program liability represents a deferral of revenue until patron redemption of points earned. The loyalty program points are expected to be redeemed and recognized as revenue within one year of being earned. Customer deposits and other deferred revenue represent cash deposits made by customers for future services provided by the Company. With the exception of mall deposits, which typically extend beyond a year based on the terms of the lease, the majority of these customer deposits and other deferred revenue are expected to be recognized as revenue or refunded to the customer within one year of the date the deposit was recorded.
Gaming Taxes	Gaming Taxes
Pre-Opening and Development Expenses	Pre-Opening and Development Expenses The Company accounts for costs incurred in the development and pre-opening phases of new ventures in accordance with accounting standards regarding start-up activities. Pre-opening expenses represent personnel and other costs incurred prior to the opening of new ventures and are expensed as incurred. Development expenses include the costs associated with the Company's evaluation and pursuit of new business opportunities, which are also expensed as incurred.
Advertising Costs	Advertising Costs
Corporate Expenses	Corporate Expenses Corporate expense represents payroll, travel, legal fees, professional fees and various other expenses not allocated or directly related to the Company's Integrated Resort operations and related ancillary operations.
Foreign Currency	Foreign Currency The functional currency of most of our foreign subsidiaries is the local currency in which the subsidiary operates. Balance sheet accounts are translated at the exchange rate in effect at each balance sheet date and income statement accounts are translated at the average exchange rates during the year. Translation adjustments resulting from this process are recorded to other comprehensive income. Gains or losses from foreign currency remeasurements that arise from exchange rate fluctuations on transactions denominated in a currency other than the functional currency are included in other income (expense).
Comprehensive Income and Accumulated Other Comprehensive Income	Comprehensive Income and Accumulated Other Comprehensive Income (Loss) Comprehensive income includes net income and all other non-stockholder changes in equity, or other comprehensive income. The balance of accumulated other comprehensive income (loss) consisted solely of foreign currency translation adjustments.
Earnings Per Share	Earnings Per Share The weighted average number of common and common equivalent shares used in the calculation of basic and diluted earnings per share consisted of the following: Year Ended December 31, 2019 2018 2017 (In millions) Weighted average common shares outstanding (used in the calculation of basic earnings per share) 771 786 792 Potential dilution from stock options and restricted stock and stock units — — — Weighted average common and common equivalent shares (used in the calculation of diluted earnings per share) 771 786 792 Antidilutive stock options excluded from the calculation of diluted earnings per share 3 2 6
Stock-Based Employee Compensation	Stock-Based Employee Compensation Stock-based compensation cost is measured at the grant date, based on the calculated fair value of the award, and is recognized over the employee's requisite service period (generally the vesting period of the equity grant). The Company's stock-based employee compensation plans are more fully discussed in " Note 16 — Stock-Based Employee Compensation."
Income Taxes	Income Taxes The Company is subject to income taxes in the U.S. (including federal and state) and numerous foreign jurisdictions in which it operates. The Company records income taxes under the asset and liability method, whereby deferred tax assets and liabilities are recognized based on the future tax consequences attributable to temporary differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases, and attributable to operating loss and tax credit carryforwards. Accounting standards regarding income taxes require a reduction of the carrying amounts of deferred tax assets by a valuation allowance, if based on the available evidence, it is "more-likely-than-not" such assets will not be realized. Accordingly, the need to establish valuation allowances for deferred tax assets is assessed at each reporting period based on a "more-likely-than-not" realization threshold. This assessment considers, among other matters, the nature, frequency and severity of current and cumulative losses, forecasts of future profitability, the duration of statutory carryforward periods, the Company's experience with operating loss and tax credit carryforwards not expiring and tax planning strategies. Management will reassess the realization of deferred tax assets each reporting period and consider the scheduled reversal of deferred tax liabilities, sources of taxable income and tax planning strategies. To the extent the financial results of these operations improve and it becomes "more-likely-than-not" the deferred tax assets are realizable, the Company will be able to reduce the valuation allowance in the period such determination is made as appropriate. Significant judgment is required in evaluating the Company's tax positions and determining its provision for income taxes. During the ordinary course of business, there are many transactions for which the ultimate tax determination is uncertain. The Company considers many factors when evaluating and estimating its tax positions and tax benefits, which may require periodic adjustments and for which actual outcomes may be different.
Accounting for Derivative Instruments and Hedging Activities	Accounting for Derivative Instruments and Hedging Activities Accounting standards require an entity to recognize all derivatives as either assets or liabilities in the balance sheet and measure those instruments at fair value. If specific conditions are met, a derivative may be designated as a hedge of specific financial exposures. The accounting for changes in fair value of a derivative depends on the intended use of the derivative and, if used in hedging activities, on its effectiveness as a hedge. In order to qualify for hedge accounting, the underlying hedged item must expose the Company to risks associated with market fluctuations and the financial instrument used must be designated as a hedge and must reduce the Company's exposure to market fluctuation throughout the hedge period. Changes in market rates and prices, such as interest rates, foreign currency exchange rates and commodity prices, can impact the Company’s results of operations. The Company’s primary exposures to market risk are interest rate risk associated with long-term debt and foreign currency exchange rate risk associated with the Company’s operations outside the United States. The Company has a policy aimed at managing interest rate risk associated with its current and anticipated future borrowings and foreign currency exchange rate risk associated with operations of its foreign subsidiaries. This policy enables the Company to use any combination of interest rate swaps, futures, options, caps, forward contracts and similar instruments. The Company does not hold or issue financial instruments for trading purposes and does not enter into derivative transactions that would be considered speculative positions. Depending on its classification and position at the end of the reporting period, each derivative was reported as prepaid expenses and other; other assets, net; other accrued liabilities; or other long-term liabilities, as applicable, in the accompanying consolidated balance sheets. See " Note 9 — Derivative Instruments" for additional disclosures regarding derivatives.
Recent Accounting Pronouncements	Recent Accounting Pronouncements In June 2016, the FASB issued an accounting standard update that revises the methodology for measuring credit losses on financial instruments and the timing of when such losses are recorded. The guidance is effective for fiscal years beginning after December 15, 2019, including interim reporting periods within that reporting period, and should be applied on a modified retrospective basis, with early adoption permitted. The Company adopted the new standard on January 1, 2020. The adoption of this guidance did not have a material impact on the Company's financial condition or net income.
Reclassification	Reclassification Certain amounts in the accompanying consolidated statements of cash flows for the years ended December 31, 2018 and 2017, have been adjusted to be consistent with the current year presentation. The reclassification had no impact on the Company's financial condition, results of operations or cash flows. These adjustments resulted from land premium payments becoming material enough to require separate disclosure.

Fair Value Measurements Fair Va

Fair Value Measurements Fair Value Measurements (Policies)	12 Months Ended
	Dec. 31, 2019
Fair Value Disclosures [Abstract]
Fair Value Measurement	Under applicable accounting guidance, fair value is defined as the exit price, or the amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants as of the measurement date. Applicable accounting guidance also establishes a valuation hierarchy for inputs in measuring fair value that maximizes the use of observable inputs (inputs market participants would use based on market data obtained from sources independent of the Company) and minimizes the use of unobservable inputs (inputs that reflect the Company's assumptions based upon the best information available in the circumstances) by requiring the most observable inputs be used when available. Level 1 inputs are quoted prices (unadjusted) in active markets for identical assets or liabilities. Level 2 inputs are quoted prices for similar assets or liabilities in active markets, quoted prices for identical or similar assets or liabilities in markets that are not active, and inputs (other than quoted prices) that are observable for the assets or liabilities, either directly or indirectly. Level 3 inputs are unobservable inputs for the assets or liabilities. Categorization within the hierarchy is based upon the lowest level of input that is significant to the fair value measurement.

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2019
Accounting Policies [Abstract]
Estimated Useful Lives of Assets	Depreciation and amortization are provided on a straight-line basis over the estimated useful lives of the assets, which do not exceed the lease term for leasehold improvements, as follows: Land improvements, building and building improvements 10 to 50 years Furniture, fixtures and equipment 3 to 20 years Leasehold improvements 3 to 15 years Transportation 5 to 20 years
Contract and Contract Related Liabilities	The following table summarizes the liability activity related to contracts with customers: Outstanding Chip Liability Loyalty Program Liability Customer Deposits and Other Deferred Revenue (1) 2019 2018 2019 2018 2019 2018 (In millions) Balance at January 1 $ 551 $ 478 $ 66 $ 63 $ 827 $ 714 Balance at December 31 540 551 68 66 724 827 Increase (decrease) $ (11 ) $ 73 $ 2 $ 3 $ (103 ) $ 113 ____________________ (1) Of this amount, $154 million , $152 million and $145 million as of December 31, 2019 , December 31, 2018 and January 1, 2018 , respectively, relates to mall deposits that are accounted for based on lease terms usually greater than one year.
Weighted Average Number of Common and Common Equivalent Shares Used in Calculation of Basic and Diluted Earnings Per Share	The weighted average number of common and common equivalent shares used in the calculation of basic and diluted earnings per share consisted of the following: Year Ended December 31, 2019 2018 2017 (In millions) Weighted average common shares outstanding (used in the calculation of basic earnings per share) 771 786 792 Potential dilution from stock options and restricted stock and stock units — — — Weighted average common and common equivalent shares (used in the calculation of diluted earnings per share) 771 786 792 Antidilutive stock options excluded from the calculation of diluted earnings per share 3 2 6

Accounts Receivable, Net (Table

Accounts Receivable, Net (Tables)	12 Months Ended
	Dec. 31, 2019
Accounts, Notes, Loans and Financing Receivable, Gross, Allowance, and Net [Abstract]
Accounts Receivable	Accounts receivable consists of the following: December 31, 2019 2018 (In millions) Casino $ 858 $ 763 Rooms 88 98 Mall 93 78 Other 87 111 1,126 1,050 Less — allowance for doubtful accounts (282 ) (324 ) $ 844 $ 726

Property and Equipment, Net (Ta

Property and Equipment, Net (Tables)	12 Months Ended
	Dec. 31, 2019
Property, Plant and Equipment [Abstract]
Property and Equipment	Property and equipment consists of the following: December 31, 2019 2018 (In millions) Land and improvements $ 650 $ 651 Building and improvements 17,662 17,861 Furniture, fixtures, equipment and leasehold improvements 4,520 4,255 Transportation 520 458 Construction in progress 1,507 1,184 24,859 24,409 Less — accumulated depreciation and amortization (10,015 ) (9,255 ) $ 14,844 $ 15,154

Leasehold Interests in Land, _2

Leasehold Interests in Land, Net (Tables)	12 Months Ended
	Dec. 31, 2019
Leasehold Interests In Land, Net [Abstract]
Leasehold Interests in Land	Leasehold interests in land consist of the following: December 31, 2019 2018 (In millions) Marina Bay Sands $ 1,986 $ 1,006 Sands Cotai Central 293 237 The Venetian Macao 242 192 The Plaza Macao and Four Seasons Hotel Macao 106 91 The Parisian Macao 89 75 Sands Macao 38 31 2,754 1,632 Less — accumulated amortization (482 ) (434 ) $ 2,272 $ 1,198

Intangible Assets, Net (Tables)

Intangible Assets, Net (Tables)	12 Months Ended
	Dec. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Indefinite-Lived Intangible Assets	Intangible assets consist of the following: December 31, 2019 2018 (In millions) Marina Bay Sands gaming license $ 53 $ 48 Trademarks and other 1 1 54 49 Less — accumulated amortization (12 ) (44 ) 42 5 Sands Bethlehem gaming license and certificate — 67 Total intangible assets, net $ 42 $ 72
Schedule of Finite-Lived Intangible Assets	Intangible assets consist of the following: December 31, 2019 2018 (In millions) Marina Bay Sands gaming license $ 53 $ 48 Trademarks and other 1 1 54 49 Less — accumulated amortization (12 ) (44 ) 42 5 Sands Bethlehem gaming license and certificate — 67 Total intangible assets, net $ 42 $ 72

Other Accrued Liabilities (Tabl

Other Accrued Liabilities (Tables)	12 Months Ended
	Dec. 31, 2019
Accounts Payable and Accrued Liabilities, Current [Abstract]
Other Accrued Liabilities	Other accrued liabilities consist of the following: December 31, 2019 2018 (In millions) Customer deposits $ 582 $ 676 Outstanding chip liability 540 551 Taxes and licenses 389 403 Payroll and related 378 359 Accrued interest payable 165 115 Other accruals 342 331 $ 2,396 $ 2,435

Long-Term Debt (Tables)

Long-Term Debt (Tables)	12 Months Ended
	Dec. 31, 2019
Debt Disclosure [Abstract]
Schedule of Long-term Debt	Long-term debt consists of the following: December 31, 2019 2018 (In millions) Corporate and U.S. Related (1) : 3.200% Senior Notes due 2024 (net of unamortized original issue discount and deferred financing costs of $14) $ 1,736 $ — 2.900% Senior Notes due 2025 (net of unamortized original issue discount and deferred financing costs of $5) 495 — 3.500% Senior Notes due 2026 (net of unamortized original issue discount and deferred financing costs of $12) 988 — 3.900% Senior Notes due 2029 (net of unamortized original issue discount and deferred financing costs of $8) 742 — 2013 U.S. Credit Facility — Extended Term B (net of unamortized original issue discount and deferred financing costs of $21) — 3,464 HVAC Equipment Lease — 12 Macao Related (1) : 4.600% Senior Notes due 2023 (net of unamortized original issue discount and deferred financing costs of $11 and $14, respectively, and a positive cumulative fair value adjustment of $11 and $5, respectively) 1,800 1,791 5.125% Senior Notes due 2025 (net of unamortized original issue discount and deferred financing costs of $13 and $16, respectively, and a positive cumulative fair value adjustment of $11 and $5, respectively) 1,798 1,789 5.400% Senior Notes due 2028 (net of unamortized original issue discount and deferred financing costs of $19 and $21, respectively, and a positive cumulative fair value adjustment of $12 and $5, respectively) 1,893 1,884 Other 17 4 Singapore Related (1) : 2012 Singapore Credit Facility — Term (net of unamortized deferred financing costs of $54 and $43, respectively) 3,023 3,041 12,492 11,985 Less — current maturities (70 ) (111 ) Total long-term debt $ 12,422 $ 11,874 ____________________ (1) Unamortized deferred financing costs of $100 million and $47 million as of December 31, 2019 and 2018 , respectively, related to the Company's revolving credit facilities and the undrawn portion of the Singapore Delayed Draw Term Facility are included in other assets, net in the accompanying consolidated balance sheets.
Cash Flows from Financing Activities Related to Long-Term Debt and Finance Lease Obligations	Cash flows from financing activities related to long-term debt and finance lease obligations are as follows: Year Ended December 31, 2019 2018 2017 (In millions) Proceeds from LVSC Senior Notes $ 4,000 $ — $ — Proceeds from SCL Senior Notes — 5,500 — Proceeds from 2013 U.S. Credit Facility — 1,347 5 Proceeds from 2016 VML Credit Facility — 746 649 $ 4,000 $ 7,593 $ 654 Repayments on 2013 U.S. Credit Facility $ (3,484 ) $ (26 ) $ (63 ) Repayments on 2012 Singapore Credit Facility (47 ) (65 ) (67 ) Repayments on 2016 VML Credit Facility — (5,083 ) (668 ) Repayments on Airplane Financings — — (56 ) Repayments on HVAC Equipment Lease and Other Long-Term Debt (5 ) (4 ) (4 ) $ (3,536 ) $ (5,178 ) $ (858 )
Maturities of Long-Term Debt	Maturities of long-term debt outstanding as of December 31, 2019 , are summarized as follows: Long-term Debt (In millions) 2020 $ 62 2021 62 2022 62 2023 1,862 2024 1,889 Thereafter 8,640 Total $ 12,577

Equity (Tables)

Equity (Tables)	12 Months Ended
	Dec. 31, 2019
Equity [Abstract]
Rollforward of Common Stock	A summary of the outstanding shares of common stock is as follows: Balance as of January 1, 2017 794,960,092 Exercise of stock options 617,612 Issuance of restricted stock 37,270 Vesting of restricted stock units 64,150 Repurchase of common stock (6,194,137 ) Balance as of December 31, 2017 789,484,987 Exercise of stock options 1,007,551 Issuance of restricted stock 10,296 Vesting of restricted stock units 5,000 Repurchase of common stock (15,044,620 ) Balance as of December 31, 2018 775,463,214 Exercise of stock options 569,224 Issuance of restricted stock 11,039 Repurchase of common stock (12,558,562 ) Balance as of December 31, 2019 763,484,915

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2019
Income Tax Disclosure [Abstract]
Income Before Income Taxes and Noncontrolling Interests	Consolidated income before taxes and noncontrolling interests for domestic and foreign operations is as follows: Year Ended December 31, 2019 2018 2017 (In millions) Foreign $ 3,145 $ 3,164 $ 2,806 Domestic 627 162 248 Total income before income taxes $ 3,772 $ 3,326 $ 3,054
Components of Income Tax (Benefit) Expense	The components of the income tax expense (benefit) are as follows: Year Ended December 31, 2019 2018 2017 (In millions) Foreign: Current $ 245 $ 245 $ 258 Deferred (10 ) (12 ) 12 Federal: Current 33 15 30 Deferred 145 135 (509 ) State: Current 33 2 — Deferred 22 (10 ) — Total income tax expense (benefit) $ 468 $ 375 $ (209 )
Effective Income Tax Rate Reconciliation	The reconciliation of the statutory federal income tax rate and the Company's effective tax rate is as follows: Year Ended December 31, 2019 2018 2017 Statutory federal income tax rate 21.0 % 21.0 % 35.0 % Increase (decrease) in tax rate resulting from: Tax exempt income of foreign subsidiary (8.0 )% (8.3 )% (7.9 )% Foreign and U.S. tax rate differential (5.6 )% (6.5 )% (18.8 )% Change in valuation allowance 2.7 % 4.5 % 18.3 % Repatriation of foreign earnings — % — % 72.1 % U.S. foreign tax credits — % — % (105.9 )% Other, net 2.3 % 0.6 % 0.4 % Effective tax rate 12.4 % 11.3 % (6.8 )%
Components of Deferred Tax Assets and Liabilities	The primary tax affected components of the Company's net deferred tax assets are as follows: December 31, 2019 2018 (In millions) Deferred tax assets: U.S. foreign tax credit carryforwards $ 4,791 $ 4,919 Net operating loss carryforwards 283 271 Accrued expenses 23 16 Stock-based compensation 15 13 Allowance for doubtful accounts 14 16 Deferred gain on mall sale transactions 13 14 Pre-opening expenses 9 11 State deferred items — 10 Other 1 1 5,149 5,271 Less — valuation allowances (4,786 ) (4,769 ) Total deferred tax assets 363 502 Deferred tax liabilities: Property and equipment (251 ) (245 ) Prepaid expenses (5 ) (3 ) Other (8 ) (77 ) Total deferred tax liabilities (264 ) (325 ) Deferred tax assets, net $ 99 $ 177
Reconciliation of Unrecognized Tax Benefits	A reconciliation of the beginning and ending amounts of unrecognized tax benefits, is as follows: December 31, 2019 2018 2017 (In millions) Balance at the beginning of the year $ 118 $ 92 $ 74 Additions to tax positions related to prior years 1 2 1 Additions to tax positions related to current year 15 24 18 Lapse in statutes of limitations — — (1 ) Balance at the end of the year $ 134 $ 118 $ 92

Leases (Tables)

Leases (Tables)	12 Months Ended
	Dec. 31, 2019
Leases [Abstract]
Lessee, Assets and Liabilities	Leases recorded on the balance sheet consist of the following (excluding the Macao and Singapore leasehold interests in land assets; see "Note 5 — Leasehold Interests in Land, Net"): Leases Classification on the Balance Sheet December 31, (In millions) Assets Operating lease ROU assets Other assets, net $ 190 Finance lease ROU assets Property and equipment, net (1) $ 17 Liabilities Current Operating Other accrued liabilities $ 28 Finance Current maturities of long-term debt $ 8 Noncurrent Operating Other long-term liabilities $ 305 Finance Long-term debt $ 9 ____________________ (1) Finance lease ROU assets are recorded net of accumulated depreciation of $6 million as of December 31, 2019 .
Lessee, Other Lease Information	Other information related to lease term and discount rate is as follows: December 31, Weighted Average Remaining Lease Term Operating leases 31.6 years Finance leases 2.3 years Weighted Average Discount Rate Operating leases (1) 4.6 % Finance leases 3.8 % ____________________ (1) Upon adoption of the new lease standard, discount rates used for existing operating leases were established on January 1, 2019.
Lessee, Lease Expense Components	The components of lease expense are as follows: Year Ended December 31, 2019 (In millions) Operating lease cost: Amortization of leasehold interests in land $ 51 Operating lease cost 34 Short-term lease cost 19 Variable lease cost 5 Finance lease cost: Amortization of ROU assets 5 Interest on lease liabilities 1 Total lease cost $ 115
Lessee, Supplemental Cash Flow Information Related to Leases	Supplemental cash flow information related to leases is as follows: Year Ended December 31, 2019 (In millions) Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows for operating leases $ 40 Operating cash flows for finance leases $ 1 Financing cash flows for finance leases $ 5 Right-of-use assets obtained in exchange for lease liabilities: Operating leases $ 14 Finance leases $ 17
Lessee, Finance Lease Liability, Maturity	Maturities of lease liabilities are summarized as follows: Operating Leases Finance Leases (In millions) Year ending December 31, 2020 $ 36 $ 9 2021 29 7 2022 26 2 2023 24 — 2024 23 — Thereafter 535 — Total future minimum lease payments 673 18 Less — amount representing interest (340 ) (1 ) Present value of future minimum lease payments 333 17 Less — current lease obligations (28 ) (8 ) Long-term lease obligations $ 305 $ 9
Lessee, Operating Lease Liability, Maturity	Maturities of lease liabilities are summarized as follows: Operating Leases Finance Leases (In millions) Year ending December 31, 2020 $ 36 $ 9 2021 29 7 2022 26 2 2023 24 — 2024 23 — Thereafter 535 — Total future minimum lease payments 673 18 Less — amount representing interest (340 ) (1 ) Present value of future minimum lease payments 333 17 Less — current lease obligations (28 ) (8 ) Long-term lease obligations $ 305 $ 9
Lessor, Lease Revenue Components	Lease revenue consists of the following: Year Ended December 31, 2019 Mall Other (In millions) Minimum rents $ 518 $ 15 Overage rents 98 2 $ 616 $ 17
Lessor, Future Minimum Rentals	Future minimum rentals (excluding the escalated contingent rent clauses) on non-cancelable leases are as follows: Mall Other (In millions) Year ending December 31, 2020 $ 491 $ 9 2021 398 10 2022 295 6 2023 140 5 2024 94 3 Thereafter 111 5 Total minimum future rentals $ 1,529 $ 38
Lessor, Leased Property and Equipment	The cost and accumulated depreciation of property and equipment the Company is leasing to third parties is as follows: December 31, 2019 2018 (In millions) Property and equipment, at cost $ 1,320 $ 1,361 Accumulated depreciation (532 ) (469 ) Property and equipment, net $ 788 $ 892

Stock-Based Employee Compensa_2

Stock-Based Employee Compensation (Tables)	12 Months Ended
	Dec. 31, 2019
Share-based Payment Arrangement [Abstract]
Black-Scholes Option-Pricing Model Weighted Average Assumptions	The fair value of each option grant was estimated on the grant date using the Black-Scholes option-pricing model with the following weighted average assumptions: Year Ended December 31, 2019 2018 2017 LVSC Amended 2004 Plan: Weighted average volatility 24.1 % 25.8 % 26.7 % Expected term (in years) 5.5 6.7 5.1 Risk-free rate 2.1 % 2.9 % 1.9 % Expected dividend yield 5.2 % 5.7 % 4.7 % SCL Equity Plan: Weighted average volatility 36.9 % 36.0 % 36.9 % Expected term (in years) 4.8 4.7 4.4 Risk-free rate 1.7 % 1.7 % 1.3 % Expected dividend yield 5.0 % 5.8 % 6.6 %
Summary of Stock Option Activity for Company's Equity Award Plans	A summary of the stock option activity for the Company's equity award plans for the year ended December 31, 2019 , is presented below: Shares Weighted Average Exercise Price Weighted Average Remaining Contractual Life (Years) Aggregate Intrinsic Value (in millions) LVSC Amended 2004 Plan: Outstanding as of January 1, 2019 7,956,364 $ 55.10 Granted 1,204,145 59.42 Exercised (569,224 ) 44.45 Forfeited or expired (75,430 ) 65.10 Outstanding as of December 31, 2019 8,515,855 $ 56.33 7.26 $ 112 Exercisable as of December 31, 2019 3,672,863 $ 57.85 5.54 $ 43 SCL Equity Plan: Outstanding as of January 1, 2019 57,382,375 $ 4.81 Granted 19,409,600 5.08 Exercised (7,748,525 ) 3.65 Forfeited or expired (4,169,300 ) 5.35 Outstanding as of December 31, 2019 64,874,150 $ 4.99 7.49 $ 41 Exercisable as of December 31, 2019 22,214,150 $ 5.10 5.95 $ 18
Summary of Unvested Restricted Stock Units	A summary of the unvested restricted stock and restricted stock units under the Company's equity award plans for the year ended December 31, 2019 , is presented below: Shares Weighted Average Grant Date Fair Value LVSC Amended 2004 Plan: Unvested Restricted Stock Balance as of January 1, 2019 41,703 $ 55.77 Granted 11,039 63.40 Vested (33,405 ) 55.84 Balance as of December 31, 2019 19,337 $ 60.00 SCL Equity Plan: Unvested Restricted Stock Units Balance as of January 1, 2019 — $ — Granted 1,412,400 4.99 Forfeited (5,200 ) 4.99 Balance as of December 31, 2019 1,407,200 $ 4.99
Stock-Based Compensation Activity, Summary	The stock-based compensation activity for the Amended 2004 Plan and SCL Equity Plan is as follows for the three years ended December 31, 2019 : Year Ended December 31, 2019 2018 2017 (Dollars in millions, except weighted average grant date fair values) Compensation expense: Stock options $ 34 $ 29 $ 29 Restricted stock and stock units 2 1 5 $ 36 $ 30 $ 34 Income tax benefit recognized in the consolidated statements of operations $ 4 $ 4 $ 7 Compensation cost capitalized as part of property and equipment $ 1 $ 1 $ — LVSC Amended 2004 Plan: Stock options granted 1,204,145 3,124,168 1,027,108 Weighted average grant date fair value $ 7.23 $ 7.52 $ 8.95 Restricted stock granted 11,039 10,296 37,270 Weighted average grant date fair value $ 63.40 $ 77.68 $ 58.51 Stock options exercised: Intrinsic value $ 11 $ 16 $ 11 Cash received $ 26 $ 56 $ 28 SCL 2019 Equity Plan: Stock options granted 19,409,600 18,872,800 17,364,000 Weighted average grant date fair value $ 1.03 $ 1.01 $ 0.71 Restricted stock units granted 1,412,400 — — Weighted average grant date fair value $ 4.99 $ — $ — Stock options exercised: Intrinsic value $ 12 $ 12 $ 4 Cash received $ 28 $ 23 $ 12
Stock-Based Compensation Activity, Arrangements by Share-based Payment Award	The stock-based compensation activity for the Amended 2004 Plan and SCL Equity Plan is as follows for the three years ended December 31, 2019 : Year Ended December 31, 2019 2018 2017 (Dollars in millions, except weighted average grant date fair values) Compensation expense: Stock options $ 34 $ 29 $ 29 Restricted stock and stock units 2 1 5 $ 36 $ 30 $ 34 Income tax benefit recognized in the consolidated statements of operations $ 4 $ 4 $ 7 Compensation cost capitalized as part of property and equipment $ 1 $ 1 $ — LVSC Amended 2004 Plan: Stock options granted 1,204,145 3,124,168 1,027,108 Weighted average grant date fair value $ 7.23 $ 7.52 $ 8.95 Restricted stock granted 11,039 10,296 37,270 Weighted average grant date fair value $ 63.40 $ 77.68 $ 58.51 Stock options exercised: Intrinsic value $ 11 $ 16 $ 11 Cash received $ 26 $ 56 $ 28 SCL 2019 Equity Plan: Stock options granted 19,409,600 18,872,800 17,364,000 Weighted average grant date fair value $ 1.03 $ 1.01 $ 0.71 Restricted stock units granted 1,412,400 — — Weighted average grant date fair value $ 4.99 $ — $ — Stock options exercised: Intrinsic value $ 12 $ 12 $ 4 Cash received $ 28 $ 23 $ 12
Stock-Based Compensation Activity, Allocation of Period Costs	The stock-based compensation activity for the Amended 2004 Plan and SCL Equity Plan is as follows for the three years ended December 31, 2019 : Year Ended December 31, 2019 2018 2017 (Dollars in millions, except weighted average grant date fair values) Compensation expense: Stock options $ 34 $ 29 $ 29 Restricted stock and stock units 2 1 5 $ 36 $ 30 $ 34 Income tax benefit recognized in the consolidated statements of operations $ 4 $ 4 $ 7 Compensation cost capitalized as part of property and equipment $ 1 $ 1 $ — LVSC Amended 2004 Plan: Stock options granted 1,204,145 3,124,168 1,027,108 Weighted average grant date fair value $ 7.23 $ 7.52 $ 8.95 Restricted stock granted 11,039 10,296 37,270 Weighted average grant date fair value $ 63.40 $ 77.68 $ 58.51 Stock options exercised: Intrinsic value $ 11 $ 16 $ 11 Cash received $ 26 $ 56 $ 28 SCL 2019 Equity Plan: Stock options granted 19,409,600 18,872,800 17,364,000 Weighted average grant date fair value $ 1.03 $ 1.01 $ 0.71 Restricted stock units granted 1,412,400 — — Weighted average grant date fair value $ 4.99 $ — $ — Stock options exercised: Intrinsic value $ 12 $ 12 $ 4 Cash received $ 28 $ 23 $ 12

Segment Information (Tables)

Segment Information (Tables)	12 Months Ended
	Dec. 31, 2019
Segment Reporting [Abstract]
Schedule Of Segment Reporting Information	The Company's segment information as of and for the years ended December 31, 2019 , 2018 and 2017 , is as follows: Casino Rooms Food and Beverage Mall Convention, Retail and Other Net Revenues Year Ended December 31, 2019 (In millions) Macao: The Venetian Macao $ 2,875 $ 222 $ 73 $ 254 $ 86 $ 3,510 Sands Cotai Central 1,541 320 97 71 23 2,052 The Parisian Macao 1,376 130 70 53 21 1,650 The Plaza Macao and Four Seasons Hotel Macao 650 41 31 151 4 877 Sands Macao 576 18 27 3 4 628 Ferry Operations and Other — — — — 117 117 7,018 731 298 532 255 8,834 Marina Bay Sands 2,167 404 241 185 104 3,101 United States: Las Vegas Operating Properties 444 610 347 — 417 1,818 Sands Bethlehem (1) 199 7 11 1 9 227 643 617 358 1 426 2,045 Intercompany eliminations (2) — — — (2 ) (239 ) (241 ) Total net revenues $ 9,828 $ 1,752 $ 897 $ 716 $ 546 $ 13,739 Casino Rooms Food and Beverage Mall Convention, Retail and Other Net Revenues Year Ended December 31, 2018 Macao: The Venetian Macao $ 2,829 $ 223 $ 81 $ 234 $ 107 $ 3,474 Sands Cotai Central 1,622 331 102 69 29 2,153 The Parisian Macao 1,265 124 65 57 22 1,533 The Plaza Macao and Four Seasons Hotel Macao 502 39 29 145 4 719 Sands Macao 598 17 27 3 5 650 Ferry Operations and Other — — — — 160 160 6,816 734 304 508 327 8,689 Marina Bay Sands 2,178 393 211 179 108 3,069 United States: Las Vegas Operating Properties 357 590 324 — 411 1,682 Sands Bethlehem 468 16 26 4 22 536 825 606 350 4 433 2,218 Intercompany eliminations (2) — — — (1 ) (246 ) (247 ) Total net revenues $ 9,819 $ 1,733 $ 865 $ 690 $ 622 $ 13,729 Year Ended December 31, 2017 Macao: The Venetian Macao $ 2,362 $ 179 $ 74 $ 220 $ 89 $ 2,924 Sands Cotai Central 1,433 291 102 63 27 1,916 The Parisian Macao 1,120 128 61 66 20 1,395 The Plaza Macao and Four Seasons Hotel Macao 391 34 28 131 3 587 Sands Macao 574 19 27 — 6 626 Ferry Operations and Other — — — — 161 161 5,880 651 292 480 306 7,609 Marina Bay Sands 2,333 358 183 167 93 3,134 United States: Las Vegas Operating Properties 380 561 325 — 391 1,657 Sands Bethlehem 493 16 28 4 23 564 873 577 353 4 414 2,221 Intercompany eliminations (2) — — — — (236 ) (236 ) Total net revenues $ 9,086 $ 1,586 $ 828 $ 651 $ 577 $ 12,728 _________________________ (1) The Company completed the sale of Sands Bethlehem on May 31, 2019 (see “Note 1 — Organization and Business of Company”). Results of operations include Sands Bethlehem through May 30, 2019. (2) Intercompany eliminations include royalties and other intercompany services. Year Ended December 31, 2019 2018 2017 (In millions) Intersegment Revenues Macao: The Venetian Macao $ 4 $ 4 $ 5 Ferry Operations and Other 27 25 23 31 29 28 Marina Bay Sands 4 9 8 Las Vegas Operating Properties 206 209 200 Total intersegment revenues $ 241 $ 247 $ 236 Year Ended December 31, 2019 2018 2017 (In millions) Adjusted Property EBITDA Macao: The Venetian Macao $ 1,407 $ 1,378 $ 1,133 Sands Cotai Central 726 759 633 The Parisian Macao 544 484 413 The Plaza Macao and Four Seasons Hotel Macao 345 262 233 Sands Macao 175 178 174 Ferry Operations and Other (8 ) 18 21 3,189 3,079 2,607 Marina Bay Sands 1,661 1,690 1,755 United States: Las Vegas Operating Properties 487 394 391 Sands Bethlehem (1) 52 116 147 539 510 538 Consolidated adjusted property EBITDA (2) 5,389 5,279 4,900 Other Operating Costs and Expenses Stock-based compensation (3) (14 ) (12 ) (14 ) Corporate (313 ) (202 ) (173 ) Pre-opening (34 ) (6 ) (8 ) Development (24 ) (12 ) (13 ) Depreciation and amortization (1,165 ) (1,111 ) (1,171 ) Amortization of leasehold interests in land (51 ) (35 ) (37 ) Loss on disposal or impairment of assets (90 ) (150 ) (20 ) Operating income 3,698 3,751 3,464 Other Non-Operating Costs and Expenses Interest income 74 59 16 Interest expense, net of amounts capitalized (555 ) (446 ) (327 ) Other income (expense) 23 26 (94 ) Gain on sale of Sands Bethlehem 556 — — Loss on modification or early retirement of debt (24 ) (64 ) (5 ) Income tax (expense) benefit (468 ) (375 ) 209 Net income $ 3,304 $ 2,951 $ 3,263 _________________________ (1) The Company completed the sale of Sands Bethlehem on May 31, 2019 (see “Note 1 — Organization and Business of Company”). Results of operations include Sands Bethlehem through May 30, 2019. (2) Consolidated adjusted property EBITDA, which is a non-GAAP financial measure, is net income before stock-based compensation expense, corporate expense, pre-opening expense, development expense, depreciation and amortization, amortization of leasehold interests in land, gain or loss on disposal or impairment of assets, interest, other income or expense, gain on sale of Sands Bethlehem, gain or loss on modification or early retirement of debt and income taxes. Consolidated adjusted property EBITDA is a supplemental non-GAAP financial measure used by management, as well as industry analysts, to evaluate operations and operating performance. In particular, management utilizes consolidated adjusted property EBITDA to compare the operating profitability of its operations with those of its competitors, as well as a basis for determining certain incentive compensation. Integrated Resort companies have historically reported adjusted property EBITDA as a supplemental performance measure to GAAP financial measures. In order to view the operations of their properties on a more stand-alone basis, Integrated Resort companies, including Las Vegas Sands Corp., have historically excluded certain expenses that do not relate to the management of specific properties, such as pre-opening expense, development expense and corporate expense, from their adjusted property EBITDA calculations. Consolidated adjusted property EBITDA should not be interpreted as an alternative to income from operations (as an indicator of operating performance) or to cash flows from operations (as a measure of liquidity), in each case, as determined in accordance with GAAP. The Company has significant uses of cash flow, including capital expenditures, dividend payments, interest payments, debt principal repayments and income taxes, which are not reflected in consolidated adjusted property EBITDA. Not all companies calculate adjusted property EBITDA in the same manner. As a result, consolidated adjusted property EBITDA as presented by the Company may not be directly comparable to similarly titled measures presented by other companies. (3) During the years ended December 31, 2019 , 2018 and 2017 , the Company recorded stock-based compensation expense of $36 million , $30 million and $34 million , respectively, of which $22 million , $18 million and $20 million , respectively, was included in corporate expense in the accompanying consolidated statements of operations. Year Ended December 31, 2019 2018 2017 (In millions) Capital Expenditures Corporate and Other $ 59 $ 81 $ 9 Macao: The Venetian Macao 131 180 153 Sands Cotai Central 282 131 86 The Parisian Macao 32 131 204 The Plaza Macao and Four Seasons Hotel Macao 298 63 22 Sands Macao 16 29 10 Ferry Operations and Other 3 1 4 762 535 479 Marina Bay Sands 195 182 196 United States: Las Vegas Operating Properties 198 127 123 Sands Bethlehem (1) 2 24 30 200 151 153 Total capital expenditures $ 1,216 $ 949 $ 837 _________________________ (1) The Company completed the sale of Sands Bethlehem on May 31, 2019 (see “Note 1 — Organization and Business of Company”). Results of operations include Sands Bethlehem through May 30, 2019. December 31, 2019 2018 2017 (In millions) Total Assets Corporate and Other $ 1,390 $ 1,296 $ 953 Macao: The Venetian Macao 3,243 3,403 2,640 Sands Cotai Central 4,504 4,295 3,891 The Parisian Macao 2,351 2,455 2,496 The Plaza Macao and Four Seasons Hotel Macao 1,239 883 930 Sands Macao 324 322 282 Ferry Operations and Other 156 259 275 11,817 11,617 10,514 Marina Bay Sands 5,880 4,674 5,054 United States: Las Vegas Operating Properties 4,112 4,321 3,530 Sands Bethlehem (1) — 639 636 4,112 4,960 4,166 Total assets $ 23,199 $ 22,547 $ 20,687 _________________________ (1) The Company completed the sale of Sands Bethlehem on May 31, 2019 (see “Note 1 — Organization and Business of Company”). Results of operations include Sands Bethlehem through May 30, 2019. December 31, 2019 2018 2017 (In millions) Total Long-Lived Assets (1) Corporate and Other $ 311 $ 281 $ 249 Macao: The Venetian Macao 1,740 1,750 1,728 Sands Cotai Central 3,591 3,414 3,516 The Parisian Macao 2,203 2,317 2,375 The Plaza Macao and Four Seasons Hotel Macao 1,112 772 853 Sands Macao 237 229 222 Ferry Operations and Other 54 130 146 8,937 8,612 8,840 Marina Bay Sands 5,063 4,148 4,336 United States: Las Vegas Operating Properties 2,805 2,762 2,779 Sands Bethlehem (2) — 549 549 2,805 3,311 3,328 Total long-lived assets $ 17,116 $ 16,352 $ 16,753 _________________________ (1) Long-lived assets include property and equipment, net of accumulated depreciation and amortization, and leasehold interests in land, net of accumulated amortization. (2) The Company completed the sale of Sands Bethlehem on May 31, 2019 (see “Note 1 — Organization and Business of Company”). Results of operations include Sands Bethlehem through May 30, 2019.

Selected Quarterly Financial _2

Selected Quarterly Financial Results (Unaudited) (Tables)	12 Months Ended
	Dec. 31, 2019
Quarterly Financial Information Disclosure [Abstract]
Selected Quarterly Financial Results (Unaudited)	Quarter First (1) Second (2) Third Fourth (1) Total (In millions, except per share data) 2019 Net revenues $ 3,646 $ 3,334 $ 3,250 $ 3,509 $ 13,739 Operating income 971 894 899 934 3,698 Net income 744 1,108 669 783 3,304 Net income attributable to Las Vegas Sands Corp. 582 954 533 629 2,698 Basic earnings per share 0.75 1.24 0.69 0.82 3.50 Diluted earnings per share 0.75 1.24 0.69 0.82 3.50 2018 Net revenues $ 3,579 $ 3,303 $ 3,372 $ 3,475 $ 13,729 Operating income 1,158 797 922 874 3,751 Net income (loss) 1,616 676 699 (40 ) 2,951 Net income (loss) attributable to Las Vegas Sands Corp. 1,456 556 571 (170 ) 2,413 Basic earnings (loss) per share 1.85 0.70 0.73 (0.22 ) 3.07 Diluted earnings (loss) per share 1.84 0.70 0.73 (0.22 ) 3.07 ________________________ (1) During Q1 2018, the Company recorded a nonrecurring non-cash discrete income tax benefit of $670 million due to the implementation of the Global Intangible Low-Taxed Income ("GILTI") provision of U.S. tax reform. During Q4 2018, the IRS issued guidance clarifying the implementation of the GILTI and other provisions that would impact the foreign tax credit utilization and required an increase of a valuation allowance related to the Company's historical foreign tax credits. As a result, in Q4 2018, the Company recorded a nonrecurring non-cash discrete income tax expense of $727 million . (2) During Q2 2019, the Company closed the sale of Sands Bethlehem and recorded a gain on the sale of $556 million .

Organization and Business of _2

Organization and Business of Company (Details) ft² in Thousands, $ in Millions, $ in Billions		May 31, 2019USD ($)	Dec. 31, 2019USD ($)ft²ahotel_towerSeatRoomfloor	Dec. 31, 2019SGD ($)	Dec. 31, 2018USD ($)	Dec. 31, 2017USD ($)
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Net proceeds from sale of Sands Bethlehem | $			$ 1,161		$ 0	$ 0
Gain on sale of Sands Bethlehem | $			$ 556		$ 0	$ 0
Macao [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Gaming subconcession, period			20 years	20 years
Macao [Member] | Scenario, Plan [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Expected cost to complete | $			$ 2,200
Macao [Member] | Cotai Strip [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Area of property (in acres) | a			140
Macao [Member] | The Venetian Macao [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Number of floors | floor			39
Number of hotel rooms | Room			2,900
Macao [Member] | The Venetian Macao [Member] | Casino [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Area of real estate property (square feet)			374
Macao [Member] | The Venetian Macao [Member] | Arena [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Number of seats | Seat			15,000
Macao [Member] | The Venetian Macao [Member] | Theater [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Number of seats | Seat			1,800
Macao [Member] | The Venetian Macao [Member] | Retail And Dining Space [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Area of real estate property (square feet)			943
Macao [Member] | The Venetian Macao [Member] | Convention Center And Meeting Room Complex [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Area of real estate property (square feet)			1,200
Macao [Member] | Sands Cotai Central [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Number of towers | hotel_tower			4
Macao [Member] | Sands Cotai Central [Member] | Casino [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Area of real estate property (square feet)			367
Macao [Member] | Sands Cotai Central [Member] | Conference And Meeting Facilities [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Area of real estate property (square feet)			369
Macao [Member] | Sands Cotai Central [Member] | Retail [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Area of real estate property (square feet)			525
Macao [Member] | Sands Cotai Central [Member] | Conrad [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Number of hotel rooms | Room			650
Macao [Member] | Sands Cotai Central [Member] | The Londoner Macao Hotel [Member] | Scenario, Plan [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Additional number of suites to be constructed | Room			600
Macao [Member] | Sands Cotai Central [Member] | First Sheraton Tower [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Number of hotel rooms | Room			1,800
Macao [Member] | Sands Cotai Central [Member] | Second Sheraton Tower [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Number of hotel rooms | Room			2,100
Macao [Member] | Sands Cotai Central [Member] | St. Regis Tower [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Number of hotel rooms | Room			400
Macao [Member] | Sands Cotai Central [Member] | The Londoner Tower Suites [Member] | Scenario, Plan [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Additional number of suites to be constructed | Room			370
Macao [Member] | The Parisian Macao [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Number of hotel rooms | Room			2,500
Macao [Member] | The Parisian Macao [Member] | Casino [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Area of real estate property (square feet)			253
Macao [Member] | The Parisian Macao [Member] | Theater [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Number of seats | Seat			1,200
Macao [Member] | The Parisian Macao [Member] | Retail And Dining Space [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Area of real estate property (square feet)			296
Macao [Member] | The Parisian Macao [Member] | Conference And Meeting Facilities [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Area of real estate property (square feet)			63
Macao [Member] | The Plaza Macao and Four Seasons Hotel Macao [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Number of hotel rooms | Room			360
Macao [Member] | The Plaza Macao and Four Seasons Hotel Macao [Member] | Casino [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Area of real estate property (square feet)			105
Macao [Member] | The Plaza Macao and Four Seasons Hotel Macao [Member] | Retail [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Area of real estate property (square feet)			242
Macao [Member] | The Plaza Macao and Four Seasons Hotel Macao [Member] | Paiza Mansion [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Number of hotel rooms | Room			19
Macao [Member] | The Plaza Macao and Four Seasons Hotel Macao [Member] | The Grand Suites at Four Seasons Macao [Member] | Scenario, Plan [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Additional number of suites to be constructed | Room			290
Macao [Member] | Sands Macao [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Number of hotel rooms | Room			289
Macao [Member] | Sands Macao [Member] | Casino [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Area of real estate property (square feet)			213
Macao [Member] | Las Vegas Sands Corp. [Member] | Sands China Ltd. [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Ownership interest in Sands China Ltd., percentage			70.00%
Singapore [Member] | Scenario, Plan [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Expected cost to complete			$ 3,300	$ 4.5
Singapore [Member] | Marina Bay Sands [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Number of floors | floor			55
Number of hotel rooms | Room			2,600
Number of towers | hotel_tower			3
Singapore [Member] | Marina Bay Sands [Member] | Scenario, Plan [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Additional number of suites to be constructed | Room			1,000
Singapore [Member] | Marina Bay Sands [Member] | Casino [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Area of real estate property (square feet)			160
Singapore [Member] | Marina Bay Sands [Member] | Theater [Member] | Scenario, Plan [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Number of seats | Seat			15,000
Singapore [Member] | Marina Bay Sands [Member] | Convention Center And Meeting Room Complex [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Area of real estate property (square feet)			1,200
Singapore [Member] | Marina Bay Sands [Member] | Retail, Dining And Entertainment Space [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Area of real estate property (square feet)			800
United States [Member] | MSG Sphere at The Venetian [Member] | Theater [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Area of real estate property (square feet)			400
Number of seats | Seat			18,000
United States [Member] | Las Vegas Condo Tower [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Capitalized costs | $			$ 129
United States [Member] | Las Vegas Operating Properties [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Number of hotel rooms | Room			7,100
Number of towers | hotel_tower			3
United States [Member] | Las Vegas Operating Properties [Member] | Casino [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Area of real estate property (square feet)			225
United States [Member] | Las Vegas Operating Properties [Member] | Exhibition and Meeting Facilities [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Area of real estate property (square feet)			2,300
United States [Member] | Las Vegas Operating Properties [Member] | Sands Expo Center [Member] | Convention Center And Meeting Room Complex [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Area of real estate property (square feet)			1,200
United States [Member] | Sands Bethlehem [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Gain on sale of Sands Bethlehem | $	[1]	$ 556
United States [Member] | Sands Bethlehem [Member] | Disposal Group, Disposed of by Sale, Not Discontinued Operations [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Net proceeds from sale of Sands Bethlehem | $		$ 1,160
[1]	During Q2 2019, the Company closed the sale of Sands Bethlehem and recorded a gain on the sale of $556 million .

Summary of Significant Accoun_4

Summary of Significant Accounting Policies - Additional Information (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Accounting Policies [Abstract]
Capitalized interest expense	$ 9	$ 3	$ 2
Capitalized internal costs	34	31	24
Taxes on gaming revenue	3,980	4,090	3,600
Advertising costs	$ 123	$ 132	$ 129

Summary of Significant Accoun_5

Summary of Significant Accounting Policies - Estimated Useful Lives of Assets (Details)	12 Months Ended
	Dec. 31, 2019
Land Improvements, Building and Building Improvements [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful life of assets	10 years
Land Improvements, Building and Building Improvements [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful life of assets	50 years
Furniture, Fixtures and Equipment [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful life of assets	3 years
Furniture, Fixtures and Equipment [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful life of assets	20 years
Leasehold Improvements [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful life of assets	3 years
Leasehold Improvements [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful life of assets	15 years
Transportation [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful life of assets	5 years
Transportation [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful life of assets	20 years

Summary of Significant Accoun_6

Summary of Significant Accounting Policies Summary of Significant Accounting Policies - Contract and Contract Related Liabilities (Details) - USD ($) $ in Millions		12 Months Ended
		Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Outstanding Chip Liability [Member]
Contract and Contract Related Liabilities [Line Items]
Contract and contract related, liability		$ 540	$ 551	$ 478
Change in contract and contract related liabilities		(11)	73
Loyalty Program Liability [Member]
Contract and Contract Related Liabilities [Line Items]
Contract and contract related, liability		68	66	63
Change in contract and contract related liabilities		2	3
Customer Deposits and Other Deferred Revenue [Member]
Contract and Contract Related Liabilities [Line Items]
Contract and contract related, liability	[1]	724	827	714
Change in contract and contract related liabilities		(103)	113
Mall [Member] | Customer Deposits and Other Deferred Revenue [Member]
Contract and Contract Related Liabilities [Line Items]
Contract and contract related, liability	[1]	$ 154	$ 152	$ 145
[1]	Of this amount, $154 million , $152 million and $145 million as of December 31, 2019 , December 31, 2018 and January 1, 2018 , respectively, relates to mall deposits that are accounted for based on lease terms usually greater than one year.

Summary of Significant Accoun_7

Summary of Significant Accounting Policies - Weighted Average Number of Common and Common Equivalent Shares Used in Calculation of Basic and Diluted Earnings Per Share (Details) - shares shares in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Weighted Average Number of Shares Outstanding, Diluted [Abstract]
Weighted average common shares outstanding (used in the calculation of basic earnings per share) (in shares)	771	786	792
Potential dilution from stock options and restricted stock and stock units (in shares)	0	0	0
Weighted average common and common equivalent shares (used in the calculation of diluted earnings per share) (in shares)	771	786	792
Antidilutive stock options excluded from the calculation of diluted earnings per share (in shares)	3	2	6

Accounts Receivable, Net (Detai

Accounts Receivable, Net (Details) - USD ($) $ in Millions	Dec. 31, 2019	Dec. 31, 2018
Accounts Receivable [Line Items]
Accounts receivable, gross	$ 1,126	$ 1,050
Less - allowance for doubtful accounts	(282)	(324)
Accounts receivable, net	844	726
Casino [Member]
Accounts Receivable [Line Items]
Accounts receivable, gross	858	763
Rooms [Member]
Accounts Receivable [Line Items]
Accounts receivable, gross	88	98
Mall [Member]
Accounts Receivable [Line Items]
Accounts receivable, gross	93	78
Other [Member]
Accounts Receivable [Line Items]
Accounts receivable, gross	$ 87	$ 111

Property and Equipment, Net (De

Property and Equipment, Net (Details) - USD ($) $ in Millions	Dec. 31, 2019	Dec. 31, 2018
Property, Plant and Equipment [Line Items]
Property and equipment, at cost	$ 24,859	$ 24,409
Less — accumulated depreciation and amortization	(10,015)	(9,255)
Property and equipment, net	14,844	15,154
Land and Improvements [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, at cost	650	651
Building and Improvements [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, at cost	17,662	17,861
Furniture, Fixtures, Equipment And Leasehold Improvements [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, at cost	4,520	4,255
Transportation [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, at cost	520	458
Construction in Progress [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, at cost	$ 1,507	$ 1,184

Property and Equipment, Net - A

Property and Equipment, Net - Additional Information (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Property, Plant and Equipment [Line Items]
Property and equipment, net	$ 14,844	$ 15,154
Accumulated depreciation and amortization	10,015	9,255
Loss on disposal or impairment of assets	90	150	$ 20
Depreciation expense	1,150	1,100	$ 1,150
Macao [Member] | Ferry Operations and Other [Member]
Property, Plant and Equipment [Line Items]
Loss on disposal or impairment of assets	65
Macao [Member] | Ferry Operations and Other [Member] | Transportation [Member] | Fair Value, Inputs, Level 3 [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, fair value	51
Macao [Member] | The Plaza Macao and Four Seasons Hotel Macao [Member] | The Grand Suites at Four Seasons Macao [Member]
Property, Plant and Equipment [Line Items]
Loss on disposal or impairment of assets		$ 128
The Shoppes At The Palazzo [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, net	184
Accumulated depreciation and amortization	$ 114

Leasehold Interests in Land, _3

Leasehold Interests in Land, Net (Details) - USD ($) $ in Millions	Dec. 31, 2019	Dec. 31, 2018
Lessee, Lease, Description [Line Items]
Leasehold interests in land, gross	$ 2,754	$ 1,632
Less — accumulated amortization	(482)	(434)
Leasehold interests in land, net	2,272	1,198
Marina Bay Sands [Member]
Lessee, Lease, Description [Line Items]
Leasehold interests in land, gross	1,986	1,006
Sands Cotai Central [Member]
Lessee, Lease, Description [Line Items]
Leasehold interests in land, gross	293	237
The Venetian Macao [Member]
Lessee, Lease, Description [Line Items]
Leasehold interests in land, gross	242	192
The Plaza Macao and Four Seasons Hotel Macao [Member]
Lessee, Lease, Description [Line Items]
Leasehold interests in land, gross	106	91
The Parisian Macao [Member]
Lessee, Lease, Description [Line Items]
Leasehold interests in land, gross	89	75
Sands Macao [Member]
Lessee, Lease, Description [Line Items]
Leasehold interests in land, gross	$ 38	$ 31

Leasehold Interests in Land, _4

Leasehold Interests in Land, Net - Additional Information (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Lessee, Lease, Description [Line Items]
Amortization of leasehold interests in land	$ 51	$ 35	$ 37
Estimated future amortization expense, 2020	52
Estimated future amortization expense, 2021	52
Estimated future amortization expense, 2022	52
Estimated future amortization expense, 2023	52
Estimated future amortization expense, 2024	52
Estimated future amortization expense, thereafter	$ 2,210
Macao [Member]
Lessee, Lease, Description [Line Items]
Leasehold interest in land, term of contract	25 years
Leasehold interest in land, term of contract, automatic extension	10 years
Leasehold interests in land [Member] | Macao [Member]
Lessee, Lease, Description [Line Items]
Leasehold interest in land, useful life	50 years
Leasehold interests in land [Member] | Singapore [Member]
Lessee, Lease, Description [Line Items]
Leasehold interest in land, useful life	60 years
Land concession payment	$ 963

Intangible Assets, Net (Details

Intangible Assets, Net (Details) - USD ($) $ in Millions	Dec. 31, 2019	Dec. 31, 2018
Intangible Assets [Line Items]
Finite-lived intangible assets, gross	$ 54	$ 49
Less - accumulated amortization	(12)	(44)
Finite-lived intangible assets, net	42	5
Intangible assets, net	42	72
Trademarks and Other [Member]
Intangible Assets [Line Items]
Finite-lived intangible assets, gross	1	1
Marina Bay Sands [Member] | Gaming License [Member]
Intangible Assets [Line Items]
Finite-lived intangible assets, gross	53	48
Sands Bethlehem [Member] | Gaming License and Certificate [Member]
Intangible Assets [Line Items]
Indefinite-lived intangible assets	$ 0	$ 67

Intangible Assets, Net - Additi

Intangible Assets, Net - Additional Information (Details) $ in Millions, $ in Millions	1 Months Ended		12 Months Ended
	Apr. 30, 2019USD ($)	Apr. 30, 2019SGD ($)	Dec. 31, 2019USD ($)	Dec. 31, 2018USD ($)	Dec. 31, 2017USD ($)
Intangible Assets [Line Items]
Payments to acquire intangible assets			$ 53	$ 0	$ 0
Amortization expense			17	$ 16	$ 16
Estimated future amortization expense, 2020			18
Estimated future amortization expense, 2021			18
Estimated future amortization expense, 2022			$ 6
Singapore [Member] | Marina Bay Sands [Member] | Gaming License [Member]
Intangible Assets [Line Items]
Payments to acquire intangible assets	$ 53	$ 72
Finite-lived intangible assets, purchased, amortization period	3 years	3 years

Other Accrued Liabilities (Deta

Other Accrued Liabilities (Details) - USD ($) $ in Millions	Dec. 31, 2019	Dec. 31, 2018
Other Accrued Liabilities [Line Items]
Taxes and licenses	$ 389	$ 403
Payroll and related	378	359
Accrued interest payable	165	115
Other accruals	342	331
Other accrued liabilities	2,396	2,435
Customer Deposits [Member]
Other Accrued Liabilities [Line Items]
Contract and contract related, liability, current	582	676
Outstanding Chip Liability [Member]
Other Accrued Liabilities [Line Items]
Contract and contract related, liability, current	$ 540	$ 551

Long-Term Debt - Schedule of Lo

Long-Term Debt - Schedule of Long-term Debt (Details) - USD ($) $ in Millions	Dec. 31, 2019	Dec. 31, 2018
Debt Instrument [Line Items]
Other	$ 12,492	$ 11,985
Long-term debt, including current maturities	12,492	11,985
Less — current maturities	(70)	(111)
Total long-term debt	12,422	11,874
Other [Member] | Macao [Member]
Debt Instrument [Line Items]
Other	17	4
Long-term debt, including current maturities	17	4
Unsecured Debt [Member] | 3.200% Senior Notes due 2024 [Member] | United States [Member]
Debt Instrument [Line Items]
Long-term debt	1,736	0
Unsecured Debt [Member] | 2.900% Senior Notes due 2025 [Member] | United States [Member]
Debt Instrument [Line Items]
Long-term debt	495	0
Unsecured Debt [Member] | 3.500% Senior Notes due 2026 [Member] | United States [Member]
Debt Instrument [Line Items]
Long-term debt	988	0
Unsecured Debt [Member] | 3.900% Senior Notes due 2029 [Member] | United States [Member]
Debt Instrument [Line Items]
Long-term debt	742	0
Unsecured Debt [Member] | 4.600% Senior Notes due 2023 [Member] | Macao [Member]
Debt Instrument [Line Items]
Long-term debt	1,800	1,791
Unsecured Debt [Member] | 5.125% Senior Notes due 2025 [Member] | Macao [Member]
Debt Instrument [Line Items]
Long-term debt	1,798	1,789
Unsecured Debt [Member] | 5.400% Senior Notes due 2028 [Member] | Macao [Member]
Debt Instrument [Line Items]
Long-term debt	1,893	1,884
Secured Debt [Member] | 2013 U.S. Credit Facility Extended Term B [Member] | United States [Member]
Debt Instrument [Line Items]
Long-term debt	0	3,464
Secured Debt [Member] | 2012 Singapore Credit Facility Term [Member] | Singapore [Member]
Debt Instrument [Line Items]
Long-term debt	$ 3,023	3,041
Capital Lease Obligations [Member] | HVAC Equipment Lease [Member] | United States [Member]
Debt Instrument [Line Items]
Capital lease obligations		$ 12

Long-Term Debt Long-Term Debt -

Long-Term Debt Long-Term Debt - Schedule of Long-Term Debt - Footnotes (Details) - USD ($) $ in Millions		Dec. 31, 2019	Dec. 31, 2018
Other Assets, Net [Member]
Debt Instrument [Line Items]
Debt issuance costs, net in other assets	[1]	$ 100	$ 47
[1]	Unamortized deferred financing costs of $100 million and $47 million as of December 31, 2019 and 2018 , respectively, related to the Company's revolving credit facilities and the undrawn portion of the Singapore Delayed Draw Term Facility are included in other assets, net in the accompanying consolidated balance sheets.

Long-Term Debt - Schedule of _2

Long-Term Debt - Schedule of Long-term Debt - OID, DFC and Fair Value Adjustment (Details) - USD ($) $ in Millions	Dec. 31, 2019	Dec. 31, 2018
4.600% Senior Notes due 2023 [Member] | Macao [Member]
Debt Instrument [Line Items]
Cumulative fair value hedging adjustment included in the carrying amount of the SCL Senior Notes	$ 11	$ 5
5.125% Senior Notes due 2025 [Member] | Macao [Member]
Debt Instrument [Line Items]
Cumulative fair value hedging adjustment included in the carrying amount of the SCL Senior Notes	11	5
5.400% Senior Notes due 2028 [Member] | Macao [Member]
Debt Instrument [Line Items]
Cumulative fair value hedging adjustment included in the carrying amount of the SCL Senior Notes	12	5
Unsecured Debt [Member] | 3.200% Senior Notes due 2024 [Member] | United States [Member]
Debt Instrument [Line Items]
Debt instrument, unamortized discount (premium) and debt issuance costs, net	14
Unsecured Debt [Member] | 2.900% Senior Notes due 2025 [Member] | United States [Member]
Debt Instrument [Line Items]
Debt instrument, unamortized discount (premium) and debt issuance costs, net	5
Unsecured Debt [Member] | 3.500% Senior Notes due 2026 [Member] | United States [Member]
Debt Instrument [Line Items]
Debt instrument, unamortized discount (premium) and debt issuance costs, net	12
Unsecured Debt [Member] | 3.900% Senior Notes due 2029 [Member] | United States [Member]
Debt Instrument [Line Items]
Debt instrument, unamortized discount (premium) and debt issuance costs, net	8
Unsecured Debt [Member] | 4.600% Senior Notes due 2023 [Member] | Macao [Member]
Debt Instrument [Line Items]
Debt instrument, unamortized discount (premium) and debt issuance costs, net	11	14
Unsecured Debt [Member] | 5.125% Senior Notes due 2025 [Member] | Macao [Member]
Debt Instrument [Line Items]
Debt instrument, unamortized discount (premium) and debt issuance costs, net	13	16
Unsecured Debt [Member] | 5.400% Senior Notes due 2028 [Member] | Macao [Member]
Debt Instrument [Line Items]
Debt instrument, unamortized discount (premium) and debt issuance costs, net	19	21
Secured Debt [Member] | 2013 U.S. Credit Facility Extended Term B [Member] | United States [Member]
Debt Instrument [Line Items]
Debt instrument, unamortized discount (premium) and debt issuance costs, net	0	21
Secured Debt [Member] | 2012 Singapore Credit Facility Term [Member] | Singapore [Member]
Debt Instrument [Line Items]
Debt instrument, unamortized discount (premium) and debt issuance costs, net	$ 54	$ 43

Long-Term Debt - Additional Inf

Long-Term Debt - Additional Information (Details)

Aug. 30, 2019USD ($)

Aug. 09, 2019USD ($)

Nov. 20, 2018USD ($)

Dec. 31, 2018USD ($)

Sep. 30, 2018USD ($)

Dec. 31, 2019USD ($)

Dec. 31, 2018USD ($)

Dec. 31, 2017USD ($)

Dec. 31, 2019SGD ($)

Nov. 25, 2019USD ($)

Aug. 30, 2019SGD ($)

Jul. 31, 2019USD ($)

Aug. 09, 2018USD ($)

Jun. 30, 2018USD ($)

Mar. 31, 2018USD ($)

Mar. 31, 2018SGD ($)

Aug. 31, 2016USD ($)

Jun. 30, 2012USD ($)

Jun. 30, 2012SGD ($)

Debt Instrument [Line Items]

Loss on modification or early retirement of debt

$ 24,000,000

$ 64,000,000

$ 5,000,000

Delayed draw term loan

0

Long-term debt, fair value

$ 11,650,000,000

13,210,000,000

11,650,000,000

Long-term debt, carrying value

12,080,000,000

12,580,000,000

$ 12,080,000,000

United States [Member] | Unsecured Debt [Member] | LVSC Senior Notes [Member]

Debt Instrument [Line Items]

Debt instrument, face amount (SGD converted to USD at balance sheet date)

$ 3,500,000,000

United States [Member] | Unsecured Debt [Member] | 3.200% Senior Notes due 2024 [Member]

Debt Instrument [Line Items]

Debt instrument, face amount (SGD converted to USD at balance sheet date)

$ 1,750,000,000

Debt Instrument, interest rate, stated percentage

3.20%

United States [Member] | Unsecured Debt [Member] | 3.500% Senior Notes due 2026 [Member]

Debt Instrument [Line Items]

Debt instrument, face amount (SGD converted to USD at balance sheet date)

$ 1,000,000,000

Debt Instrument, interest rate, stated percentage

3.50%

United States [Member] | Unsecured Debt [Member] | 3.900% Senior Notes due 2029 [Member]

Debt Instrument [Line Items]

Debt instrument, face amount (SGD converted to USD at balance sheet date)

$ 750,000,000

Debt Instrument, interest rate, stated percentage

3.90%

United States [Member] | Unsecured Debt [Member] | 2.900% Senior Notes due 2025 [Member]

Debt Instrument [Line Items]

Debt instrument, face amount (SGD converted to USD at balance sheet date)

$ 500,000,000

Debt Instrument, interest rate, stated percentage

2.90%

United States [Member] | Unsecured Debt [Member] | LVSC Revolving Facility [Member]

Debt Instrument [Line Items]

Line of credit facility, maximum borrowing capacity

$ 1,500,000,000

Line of credit facility, available borrowing capacity (SGD converted to USD at balance sheet date)

$ 1,500,000,000

Line of credit facility, unused capacity, commitment fee percentage

0.20%

Debt instrument, maximum leverage ratio, through maturity

4

United States [Member] | Unsecured Debt [Member] | LVSC Revolving Facility [Member] | Minimum [Member]

Debt Instrument [Line Items]

Line of credit facility, unused capacity, commitment fee percentage

0.125%

United States [Member] | Unsecured Debt [Member] | LVSC Revolving Facility [Member] | Maximum [Member]

Debt Instrument [Line Items]

Line of credit facility, unused capacity, commitment fee percentage

0.25%

United States [Member] | Unsecured Debt [Member] | LVSC Revolving Facility [Member] | London Interbank Offered Rate (LIBOR) [Member]

Debt Instrument [Line Items]

Debt instrument, basis spread on variable rate

1.40%

United States [Member] | Unsecured Debt [Member] | LVSC Revolving Facility [Member] | London Interbank Offered Rate (LIBOR) [Member] | Minimum [Member]

Debt Instrument [Line Items]

Debt instrument, basis spread on variable rate

1.125%

United States [Member] | Unsecured Debt [Member] | LVSC Revolving Facility [Member] | London Interbank Offered Rate (LIBOR) [Member] | Maximum [Member]

Debt Instrument [Line Items]

Debt instrument, basis spread on variable rate

1.55%

United States [Member] | Unsecured Debt [Member] | LVSC Revolving Facility [Member] | Base Rate [Member]

Debt Instrument [Line Items]

Debt instrument, basis spread on variable rate

0.40%

United States [Member] | Unsecured Debt [Member] | LVSC Revolving Facility [Member] | Base Rate [Member] | Minimum [Member]

Debt Instrument [Line Items]

Debt instrument, basis spread on variable rate

0.125%

United States [Member] | Unsecured Debt [Member] | LVSC Revolving Facility [Member] | Base Rate [Member] | Maximum [Member]

Debt Instrument [Line Items]

Debt instrument, basis spread on variable rate

0.55%

United States [Member] | Unsecured Debt [Member] | LVSC Revolving Facility - Sub-Facility [Member]

Debt Instrument [Line Items]

Line of credit facility, maximum borrowing capacity

$ 150,000,000

United States [Member] | Secured Debt [Member] | 2013 U.S. Credit Facility [Member]

Debt Instrument [Line Items]

Weighted average interest rate

4.20%

3.90%

3.20%

Loss on modification or early retirement of debt

$ 22,000,000

United States [Member] | Secured Debt [Member] | 2013 U.S. Credit Facility Extended Term B [Member]

Debt Instrument [Line Items]

Debt instrument, face amount (SGD converted to USD at balance sheet date)

$ 3,510,000,000

United States [Member] | Secured Debt [Member] | 2013 U.S. Credit Facility Extended Revolving [Member]

Debt Instrument [Line Items]

Line of credit facility, maximum borrowing capacity

$ 1,150,000,000

Line of credit facility, unused capacity, commitment fee percentage

0.20%

Macao [Member] | Unsecured Debt [Member] | SCL Senior Notes [Member]

Debt Instrument [Line Items]

Debt instrument, face amount (SGD converted to USD at balance sheet date)

$ 5,500,000,000

Macao [Member] | Unsecured Debt [Member] | 4.600% Senior Notes due 2023 [Member]

Debt Instrument [Line Items]

Debt instrument, face amount (SGD converted to USD at balance sheet date)

$ 1,800,000,000

Debt Instrument, interest rate, stated percentage

4.60%

Macao [Member] | Unsecured Debt [Member] | 5.125% Senior Notes due 2025 [Member]

Debt Instrument [Line Items]

Debt instrument, face amount (SGD converted to USD at balance sheet date)

$ 1,800,000,000

Debt Instrument, interest rate, stated percentage

5.125%

Macao [Member] | Unsecured Debt [Member] | 5.400% Senior Notes due 2028 [Member]

Debt Instrument [Line Items]

Debt instrument, face amount (SGD converted to USD at balance sheet date)

$ 1,900,000,000

Debt Instrument, interest rate, stated percentage

5.40%

Macao [Member] | Unsecured Debt [Member] | 2018 SCL Revolving Facility [Member]

Debt Instrument [Line Items]

Line of credit facility, maximum borrowing capacity

$ 2,000,000,000

Line of credit facility, available borrowing capacity (SGD converted to USD at balance sheet date)

$ 2,000,000,000

Line of credit facility, unused capacity, commitment fee percentage

0.60%

Debt instrument, maximum leverage ratio, through maturity

4

Debt instrument, minimum interest coverage ratio, through maturity

2.5

Macao [Member] | Unsecured Debt [Member] | 2018 SCL General Revolving Loan [Member]

Debt Instrument [Line Items]

Debt instrument, basis spread on variable rate

2.00%

Macao [Member] | Unsecured Debt [Member] | 2018 SCL Swing-Line Loan Sub-Facility [Member]

Debt Instrument [Line Items]

Debt instrument, basis spread on variable rate

1.00%

Macao [Member] | Secured Debt [Member] | 2016 VML Credit Facility [Member]

Debt Instrument [Line Items]

Weighted average interest rate

3.10%

2.60%

Loss on modification or early retirement of debt

$ 9,000,000

$ 52,000,000

Macao [Member] | Secured Debt [Member] | 2016 VML Credit Facility Term [Member]

Debt Instrument [Line Items]

Debt instrument, face amount (SGD converted to USD at balance sheet date)

4,120,000,000

Macao [Member] | Secured Debt [Member] | 2016 VML Credit Facility Non-Extended Term [Member]

Debt Instrument [Line Items]

Debt instrument, face amount (SGD converted to USD at balance sheet date)

269,000,000

Macao [Member] | Secured Debt [Member] | 2016 VML Credit Facility Revolving [Member]

Debt Instrument [Line Items]

Line of credit facility, maximum borrowing capacity

$ 2,000,000,000

Line of credit facility, unused capacity, commitment fee percentage

0.50%

Singapore [Member] | Secured Debt [Member] | 2012 Singapore Credit Facility [Member]

Debt Instrument [Line Items]

Debt instrument, face amount (SGD converted to USD at balance sheet date)

$ 3,560,000,000

$ 4,800,000,000

$ 3,780,000,000

$ 5,100,000,000

Debt instrument, maximum leverage ratio, through maturity

4

4

Weighted average interest rate

3.20%

2.60%

2.20%

Loss on modification or early retirement of debt

$ 2,000,000

Debt instrument, maximum leverage ratio, period one

4.5

4.5

Singapore [Member] | Secured Debt [Member] | 2012 Singapore Credit Facility [Member] | Singapore Swap Offered Rate (SOR) [Member]

Debt Instrument [Line Items]

Debt instrument, basis spread on variable rate, period one

1.65%

Debt instrument, interest rate, period end rate

3.10%

3.10%

Singapore [Member] | Secured Debt [Member] | 2012 Singapore Credit Facility [Member] | Singapore Swap Offered Rate (SOR) [Member] | Minimum [Member]

Debt Instrument [Line Items]

Debt instrument, basis spread on variable rate, through maturity

1.15%

Singapore [Member] | Secured Debt [Member] | 2012 Singapore Credit Facility [Member] | Singapore Swap Offered Rate (SOR) [Member] | Maximum [Member]

Debt Instrument [Line Items]

Debt instrument, basis spread on variable rate, through maturity

1.85%

Singapore [Member] | Secured Debt [Member] | 2012 Singapore Credit Facility Term [Member]

Debt Instrument [Line Items]

Debt instrument, face amount (SGD converted to USD at balance sheet date)

3,410,000,000

4,600,000,000

Debt instrument, periodic payment, principal, percentage of principal, period one

0.50%

Debt instrument, periodic payment, principal, percentage of principal, period two

3.00%

Debt instrument, periodic payment, principal, percentage of principal, period three

5.00%

Debt instrument, periodic payment, principal, percentage of principal, period four

18.00%

Singapore [Member] | Secured Debt [Member] | 2012 Singapore Credit Facility Revolving [Member]

Debt Instrument [Line Items]

Line of credit facility, maximum borrowing capacity

$ 556,000,000

$ 750,000,000

371,000,000

500,000,000

Line of credit facility, available borrowing capacity (SGD converted to USD at balance sheet date)

$ 439,000,000

$ 592,000,000

Debt Instrument, increase, additional borrowings

$ 185,000,000

250,000,000

Singapore [Member] | Secured Debt [Member] | 2012 Singapore Credit Facility Revolving [Member] | Minimum [Member]

Debt Instrument [Line Items]

Line of Credit Facility, Unused Capacity, Commitment Fee Percentage of Spread

35.00%

Singapore [Member] | Secured Debt [Member] | 2012 Singapore Credit Facility Revolving [Member] | Maximum [Member]

Debt Instrument [Line Items]

Line of Credit Facility, Unused Capacity, Commitment Fee Percentage of Spread

40.00%

Singapore [Member] | Secured Debt [Member] | 2012 Singapore Credit Facility Ancillary [Member]

Debt Instrument [Line Items]

Line of credit facility, maximum borrowing capacity

$ 74,000,000

$ 100,000,000

Singapore [Member] | Secured Debt [Member] | 2012 Singapore Credit Facility Revolving - Banker's Guarantee [Member]

Debt Instrument [Line Items]

Banker's guarantee

$ 113,000,000

$ 153,000,000

Singapore [Member] | Secured Debt [Member] | 2012 Singapore Credit Facility Delayed Draw Term [Member]

Debt Instrument [Line Items]

Debt instrument, face amount (SGD converted to USD at balance sheet date)

$ 2,780,000,000

$ 3,750,000,000

Debt instrument, periodic payment, principal, percentage of principal, period one

5.00%

Debt instrument, periodic payment, principal, percentage of principal, period two

18.00%

Long-Term Debt - Cash Flows fro

Long-Term Debt - Cash Flows from Financing Activities Related to Long-Term Debt (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Debt Instrument [Line Items]
Proceeds from long-term debt	$ 4,000	$ 7,593	$ 654
Repayments of long-term debt and capital leases	(3,536)	(5,178)	(858)
Unsecured Debt [Member] | LVSC Senior Notes [Member] | United States [Member]
Debt Instrument [Line Items]
Proceeds from long-term debt	4,000	0	0
Unsecured Debt [Member] | SCL Senior Notes [Member] | Macao [Member]
Debt Instrument [Line Items]
Proceeds from long-term debt	0	5,500	0
Secured Debt [Member] | 2013 U.S. Credit Facility [Member] | United States [Member]
Debt Instrument [Line Items]
Proceeds from long-term debt	0	1,347	5
Repayments of long-term debt	(3,484)	(26)	(63)
Secured Debt [Member] | 2016 VML Credit Facility [Member] | Macao [Member]
Debt Instrument [Line Items]
Proceeds from long-term debt	0	746	649
Repayments of long-term debt	0	(5,083)	(668)
Secured Debt [Member] | 2012 Singapore Credit Facility [Member] | Singapore [Member]
Debt Instrument [Line Items]
Repayments of long-term debt	(47)	(65)	(67)
Secured Debt [Member] | Airplane Financings [Member] | United States [Member]
Debt Instrument [Line Items]
Repayments of long-term debt	0	0	(56)
Other Long-Term Debt And Capital Lease Obligations [Member] | HVAC Equipment Lease and Other Long-Term Debt [Member]
Debt Instrument [Line Items]
Repayments of long-term debt and capital leases	$ (5)	$ (4)	$ (4)

Long-Term Debt - Maturities of

Long-Term Debt - Maturities of Long-Term Debt and Capital Lease Obligations Outstanding (Details) $ in Millions	Dec. 31, 2019USD ($)
Long-term Debt, Fiscal Year Maturity [Abstract]
Long-term debt payments, 2020	$ 62
Long-term debt payments, 2021	62
Long-term debt payments, 2022	62
Long-term debt payments, 2023	1,862
Long-term debt payments, 2024	1,889
Long-term debt payments, thereafter	8,640
Long-term debt payments, total	$ 12,577

Derivative Instruments - Additi

Derivative Instruments - Additional Information (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Aug. 31, 2018
SCL Senior Notes [Member]
Derivative [Line Items]
Cumulative fair value hedging adjustment included in the carrying amount of the SCL Senior Notes	$ 34
Fair Value Hedging [Member] | Designated as Hedging Instrument [Member] | Interest Rate Swap [Member]
Derivative [Line Items]
Derivative, notional amount			$ 5,500
Fair Value Hedging [Member] | Designated as Hedging Instrument [Member] | Interest Rate Swap [Member] | Interest Expense [Member]
Derivative [Line Items]
Derivative, realized gain (loss) on interest rate swaps	23	$ 9
Fair Value Hedging [Member] | Designated as Hedging Instrument [Member] | Interest Rate Swap [Member] | Other Assets, Net [Member]
Derivative [Line Items]
Derivative asset	34
Fair Value Hedging [Member] | Designated as Hedging Instrument [Member] | Interest Rate Swap [Member] | Fair Value, Inputs, Level 2 [Member]
Derivative [Line Items]
Derivative, fair value	$ 81

Equity - Additional Information

Equity - Additional Information (Details) $ / shares in Units, $ in Millions	Feb. 21, 2020USD ($)	Dec. 26, 2019$ / shares	Sep. 26, 2019$ / shares	Jun. 27, 2019$ / shares	Jun. 21, 2019$ / shares	Mar. 28, 2019$ / shares	Feb. 22, 2019$ / shares	Dec. 27, 2018$ / shares	Sep. 27, 2018$ / shares	Jun. 28, 2018$ / shares	Jun. 22, 2018$ / shares	Mar. 30, 2018$ / shares	Feb. 23, 2018$ / shares	Dec. 29, 2017$ / shares	Sep. 29, 2017$ / shares	Jun. 30, 2017$ / shares	Jun. 23, 2017$ / shares	Mar. 31, 2017$ / shares	Feb. 24, 2017$ / shares	Jan. 31, 2020$ / shares	Jan. 31, 2020$ / shares	Mar. 31, 2020USD ($)	Dec. 31, 2019USD ($)$ / sharesshares	Dec. 31, 2018USD ($)$ / sharesshares	Dec. 31, 2017USD ($)$ / sharesshares	Jun. 30, 2018USD ($)	Mar. 31, 2018USD ($)	Nov. 30, 2016USD ($)
Class of Stock [Line Items]
Preferred stock, shares authorized | shares																							50,000,000	50,000,000
Common stock, dividends declared (per share) | $ / shares		$ 0.77	$ 0.77	$ 0.77		$ 0.77		$ 0.75	$ 0.75	$ 0.75		$ 0.75		$ 0.73	$ 0.73	$ 0.73		$ 0.73					$ 3.08	$ 3	$ 2.92
Common stock, dividends declared																							$ 3,000	$ 2,979	$ 2,942
Payments for repurchase of common stock																							$ 754	$ 905	375
Shares paid for tax withholding and exercise price for share based compensation | shares																							1,927	46,493
Payments to acquire additional interest in subsidiaries																							$ 11
Sands China Ltd. [Member]
Class of Stock [Line Items]
Common stock, dividends declared (per share) | $ / shares					$ 1		$ 0.99				$ 1		$ 0.99				$ 1		$ 0.99
Common stock, dividends declared																							2,050	$ 2,050	2,070
Proceeds from dividends received																							$ 1,440	$ 1,440	$ 1,450
Share Repurchase Program [Member]
Class of Stock [Line Items]
Common stock repurchased (in shares) | shares																							12,556,635	14,998,127	6,194,137
Payments for repurchase of common stock																							$ 754	$ 905	$ 375
November 2016 Program [Member]
Class of Stock [Line Items]
Stock repurchase program, authorized amount																												$ 1,560
Stock repurchase program, remaining authorized repurchase amount																											$ 1,110
June 2018 Program [Member]
Class of Stock [Line Items]
Stock repurchase program, remaining authorized repurchase amount																										$ 2,500
Subsequent Event [Member]
Class of Stock [Line Items]
Common stock, dividends declared (per share) | $ / shares																				$ 0.79
Subsequent Event [Member] | Sands China Ltd. [Member]
Class of Stock [Line Items]
Common stock, dividends declared (per share) | $ / shares																					$ 0.99
Common stock, dividends declared	$ 1,030
Proceeds from dividends received																						$ 720
Retained Earnings [Member]
Class of Stock [Line Items]
Common stock, dividends declared																							2,367	2,352	2,310
Retained Earnings [Member] | Forecast [Member]
Class of Stock [Line Items]
Common stock, dividends declared																						$ 603
Retained Earnings [Member] | Principal Stockholder and His Family [Member]
Class of Stock [Line Items]
Common stock, dividends declared																							1,330	1,300	1,260
Retained Earnings [Member] | All Other Shareholders [Member]
Class of Stock [Line Items]
Common stock, dividends declared																							1,040	1,050	1,050
Noncontrolling Interest [Member]
Class of Stock [Line Items]
Common stock, dividends declared																							633	627	632
Noncontrolling Interest [Member] | Other [Member]
Class of Stock [Line Items]
Common stock, dividends declared																							$ 17	$ 12	$ 13

Equity - Rollforward of Common

Equity - Rollforward of Common Stock (Details) - shares	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Increase (Decrease) in Common Stock [Roll Forward]
Common stock shares, beginning balance	775,000,000
Common stock shares, ending balance	764,000,000	775,000,000
Common Stock [Member]
Increase (Decrease) in Common Stock [Roll Forward]
Common stock shares, beginning balance	775,463,214	789,484,987	794,960,092
Exercise of stock options	569,224	1,007,551	617,612
Issuance of restricted stock	11,039	10,296	37,270
Vesting of restricted stock units		5,000	64,150
Repurchase of common stock	(12,558,562)	(15,044,620)	(6,194,137)
Common stock shares, ending balance	763,484,915	775,463,214	789,484,987

Income Taxes - Income Before In

Income Taxes - Income Before Income Taxes and Noncontrolling Interests (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Income (Loss) Before Income Taxes and Noncontrolling Interest [Abstract]
Foreign	$ 3,145	$ 3,164	$ 2,806
Domestic	627	162	248
Income before income taxes	$ 3,772	$ 3,326	$ 3,054

Income Taxes - Components of In

Income Taxes - Components of Income Tax (Benefit) Expense (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Foreign:
Current	$ 245	$ 245	$ 258
Deferred	(10)	(12)	12
Federal:
Current	33	15	30
Deferred	145	135	(509)
State:
Current	33	2	0
Deferred	22	(10)	0
Total income tax expense (benefit)	$ 468	$ 375	$ (209)

Income Taxes - Effective Income

Income Taxes - Effective Income Tax Rate Reconciliation (Details)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Effective Income Tax Rate Reconciliation, Percent [Abstract]
Statutory federal income tax rate	21.00%	21.00%	35.00%
Tax exempt income of foreign subsidiary	(8.00%)	(8.30%)	(7.90%)
Foreign and U.S. tax rate differential	(5.60%)	(6.50%)	(18.80%)
Change in valuation allowance	2.70%	4.50%	18.30%
Repatriation of foreign earnings	0.00%	0.00%	72.10%
U.S. foreign tax credits	0.00%	0.00%	(105.90%)
Other, net	2.30%	0.60%	0.40%
Effective tax rate	12.40%	11.30%	(6.80%)

Income Taxes - Additional Infor

Income Taxes - Additional Information (Details) $ / shares in Units, MOP$ in Millions	12 Months Ended
	Dec. 31, 2019USD ($)$ / shares	Dec. 31, 2019MOP (MOP$)	Dec. 31, 2018USD ($)$ / shares	Dec. 31, 2017USD ($)$ / shares	Dec. 31, 2016USD ($)
Income Taxes [Line Items]
Macao income tax exemption, reduction in net income	$ 200,000,000		$ 184,000,000	$ 158,000,000
Macao income tax exemption, reduction in earnings per share (USD per share) | $ / shares	$ 0.26		$ 0.23	$ 0.20
Statutory federal income tax rate	21.00%	21.00%	21.00%	35.00%
Income tax expense (benefit)	$ 468,000,000		$ 375,000,000	$ (209,000,000)
Deferred tax assets, valuation allowance	4,786,000,000		4,769,000,000
Unrecognized tax benefit, reduction of U.S. foreign tax credit	53,000,000		67,000,000	62,000,000
Unrecognized tax benefits	134,000,000		118,000,000	92,000,000	$ 74,000,000
Unrecognized tax benefits, effective income tax rate impact	115,000,000		103,000,000	80,000,000
Income tax examination, penalties and interest accrued	5,000,000		3,000,000	1,000,000
Other Long-Term Liabilities [Member]
Income Taxes [Line Items]
Unrecognized tax benefits	81,000,000		51,000,000	30,000,000
U.S. Foreign Tax [Member]
Income Taxes [Line Items]
Tax credit carryforward, amount	4,840,000,000		4,990,000,000
Tax Cuts and Jobs Act [Member]
Income Taxes [Line Items]
Income tax expense (benefit)			57,000,000	$ (526,000,000)
State and Local Jurisdiction [Member]
Income Taxes [Line Items]
Operating loss carryforward, amount	0		232,000,000
Macao [Member] | Foreign Tax Authority [Member] | Macao Finance Bureau (MFB) [Member]
Income Taxes [Line Items]
Macao tax agreement, annual payment (patacas converted to USD at balance sheet date)	$ 5,000,000	MOP$ 38
Macao tax due on dividend distributions, percent	12.00%	12.00%
Tax on gross gaming revenue, percent	35.00%	35.00%
Statutory tax rate	12.00%	12.00%
Singapore [Member] | Foreign Tax Authority [Member] | Inland Revenue, Singapore (IRAS) [Member]
Income Taxes [Line Items]
Statutory tax rate	17.00%	17.00%
United States [Member] | U.S. Deferred Tax Asset [Member]
Income Taxes [Line Items]
Deferred tax assets, valuation allowance	$ 4,510,000,000		4,500,000,000
United States [Member] | Domestic Tax Authority [Member] | Internal Revenue Service (IRS) [Member]
Income Taxes [Line Items]
Statutory federal income tax rate	21.00%	21.00%
Foreign Subsidiaries [Member]
Income Taxes [Line Items]
Operating loss carryforward, amount	$ 2,310,000,000		2,210,000,000
Amount of undistributed earnings of foreign subsidiaries	3,520,000,000
Foreign Subsidiaries [Member] | Foreign Deferred Tax Asset [Member]
Income Taxes [Line Items]
Deferred tax assets, valuation allowance	$ 279,000,000		$ 268,000,000

Income Taxes - Components of Ne

Income Taxes - Components of Net Deferred Tax Assets (Details) - USD ($) $ in Millions	Dec. 31, 2019	Dec. 31, 2018
Deferred tax assets:
U.S. foreign tax credit carryforwards	$ 4,791	$ 4,919
Net operating loss carryforwards	283	271
Accrued expenses	23	16
Stock-based compensation	15	13
Allowance for doubtful accounts	14	16
Deferred gain on mall sale transactions	13	14
Pre-opening expenses	9	11
State deferred items	0	10
Other	1	1
Total deferred tax assets, gross	5,149	5,271
Less — valuation allowances	(4,786)	(4,769)
Total deferred tax assets	363	502
Deferred tax liabilities:
Property and equipment	(251)	(245)
Prepaid expenses	(5)	(3)
Other	(8)	(77)
Total deferred tax liabilities	(264)	(325)
Deferred tax assets, net	$ 99	$ 177

Income Taxes - Reconciliation o

Income Taxes - Reconciliation of Unrecognized Tax Benefits (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns [Roll Forward]
Balance at the beginning of the year	$ 118	$ 92	$ 74
Additions to tax positions related to prior years	1	2	1
Additions to tax positions related to current year	15	24	18
Lapse in statutes of limitations	0	0	(1)
Balance at the end of the year	$ 134	$ 118	$ 92

Fair Value Measurements - Addit

Fair Value Measurements - Additional Information (Details) - USD ($) $ in Millions	Dec. 31, 2019	Dec. 31, 2018
Fair Value, Recurring [Member] | Quoted Market Prices in Active Markets (Level 1) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents	$ 2,260	$ 2,640

Mall Activities - Additional In

Mall Activities - Additional Information (Details) $ in Millions	Jun. 24, 2011USD ($)	Feb. 29, 2008USD ($)	May 31, 2004USD ($)	Apr. 30, 2004USD ($)	Dec. 31, 2019USD ($)	Dec. 31, 2018USD ($)	Dec. 31, 2017USD ($)
The Grand Canal Shoppes [Member]
Mall Activities [Line Items]
Mall sale, proceeds				$ 766
Mall sale, realized gain			$ 418
Number of restaurant and retail spaces				19
Operating leases, term of contract				89 years
Mall sale, deferred rent			$ 109
Amortization of deferred rent, recognized					$ 1	$ 1	$ 1
Amortization of deferred gain, recognized					3	$ 3	$ 3
The Grand Canal Shoppes [Member] | Theater Space [Member]
Mall Activities [Line Items]
Sales leaseback, term of lease				25 years
Sales leaseback, annual rental payments				$ 3
The Grand Canal Shoppes [Member] | Gondola Ride [Member]
Mall Activities [Line Items]
Sales leaseback, term of lease				25 years
Sales leaseback, annual rental payments				$ 4
The Grand Canal Shoppes [Member] | Office Space [Member]
Mall Activities [Line Items]
Sales leaseback, term of lease				10 years
Sales leaseback, annual rental payments				$ 1
The Shoppes At The Palazzo [Member]
Mall Activities [Line Items]
Mall sale, proceeds	$ 295
Number of restaurant and retail spaces				9
Operating leases, term of contract		89 years
Mall sale, deferred rent		$ 23
Mall sale, deferred proceeds					$ 225

Leases - Additional Information

Leases - Additional Information (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2019	Jan. 01, 2019
Lessee, Lease, Description [Line Items]
Property and equipment, capital lease	$ 40
Accumulated depreciation, capital lease	24
Operating lease, expenses incurred	94	$ 116
Property and equipment acquired under capital lease	1
Operating leases, contingent rentals	$ 88	$ 48
Operating lease ROU assets			$ 190
Operating lease liabilities			$ 333
Accounting Standards Update 2016-02 [Member]
Lessee, Lease, Description [Line Items]
Operating lease ROU assets				$ 337
Operating lease liabilities				$ 337
Minimum [Member]
Lessee, Lease, Description [Line Items]
Lessee, operating lease, renewal term			1 month
Lessee, finance lease, renewal term			1 month
Lessor, operating lease, term of contract			1 month
Maximum [Member]
Lessee, Lease, Description [Line Items]
Lessee, operating lease, renewal term			40 years
Lessee, finance lease, renewal term			40 years
Lessor, operating lease, term of contract			50 years

Lessee, Assets and Liabilities

Lessee, Assets and Liabilities (Details) - USD ($) $ in Millions		Dec. 31, 2019	Dec. 31, 2018
Lessee, Lease, Description [Line Items]
Operating lease ROU assets, classification on the balance sheet		us-gaap:OtherAssetsNoncurrent
Operating lease ROU assets		$ 190
Finance lease ROU assets, classification on the balance sheet	[1]	us-gaap:PropertyPlantAndEquipmentNet
Finance lease ROU assets	[1]	$ 17
Operating lease liability, current, classification on the balance sheet		lvs:AccruedLiabilitiesOtherCurrent
Operating lease liability, current		$ 28
Finance lease liability, current, classification on the balance sheet		us-gaap:LongTermDebtAndCapitalLeaseObligationsCurrent
Finance lease liability, current		$ 8
Operating lease liability, noncurrent, classification on the balance sheet		us-gaap:OtherLiabilitiesNoncurrent
Operating lease liability, noncurrent		$ 305
Finance lease liability, noncurrent, classification on the balance sheet		us-gaap:LongTermDebtAndCapitalLeaseObligations
Finance lease liability, noncurrent		$ 9
Accumulated depreciation		10,015	$ 9,255
Finance lease right of use assets [Member]
Lessee, Lease, Description [Line Items]
Accumulated depreciation	[1]	$ 6
[1]	Finance lease ROU assets are recorded net of accumulated depreciation of $6 million as of December 31, 2019 .

Lessee, Other Lease Information

Lessee, Other Lease Information (Details)	Dec. 31, 2019
Leases [Abstract]
Operating leases, weighted average remaining lease term	31 years 7 months 6 days
Finance leases, weighted average remaining lease term	2 years 3 months 18 days
Operating leases, weighted average discount rate, percent	4.60%	[1]
Finance leases, weighted average discount rate, percent	3.80%
[1]	Upon adoption of the new lease standard, discount rates used for existing operating leases were established on January 1, 2019.

Lessee, Lease Expense Component

Lessee, Lease Expense Components (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Leases [Abstract]
Amortization of leasehold interests in land	$ 51	$ 35	$ 37
Operating lease cost	34
Short-term lease cost	19
Variable lease cost	5
Amortization of ROU assets	5
Interest on lease liabilities	1
Total lease cost	$ 115

Lessee, Supplemental Cash Flow

Lessee, Supplemental Cash Flow Information Related to Leases (Details) $ in Millions	12 Months Ended
	Dec. 31, 2019USD ($)
Leases [Abstract]
Operating cash flows for operating leases	$ 40
Operating cash flows for finance leases	1
Financing cash flows for finance leases	5
Right-of-use asset obtained in exchange for operating lease liability	14
Right-of-use asset obtained in exchange for finance lease liability	$ 17

Lessee, Lease Liability Maturit

Lessee, Lease Liability Maturity (Details) $ in Millions	Dec. 31, 2019USD ($)
Operating Leases
2020	$ 36
2021	29
2022	26
2023	24
2024	23
Thereafter	535
Total future minimum lease payments	673
Less — amount representing interest	(340)
Present value of future minimum lease payments	333
Less — current lease obligations	(28)
Long-term lease obligations	305
Finance Leases
2020	9
2021	7
2022	2
2023	0
2024	0
Thereafter	0
Total future minimum lease payments	18
Less — amount representing interest	(1)
Present value of future minimum lease payments	17
Less — current lease obligations	(8)
Long-term lease obligations	$ 9

Lessor, Lease Revenue Component

Lessor, Lease Revenue Components (Details) $ in Millions	12 Months Ended
	Dec. 31, 2019USD ($)
Mall
Lessor, Lease, Description [Line Items]
Minimum rents	$ 518
Overage rents	98
Lease revenue	616
Other
Lessor, Lease, Description [Line Items]
Minimum rents	15
Overage rents	2
Lease revenue	$ 17

Lessor, Future Minimum Rentals

Lessor, Future Minimum Rentals (Details) $ in Millions	Dec. 31, 2019USD ($)
Mall
Lessor, Lease, Description [Line Items]
2020	$ 491
2021	398
2022	295
2023	140
2024	94
Thereafter	111
Total minimum future rentals	1,529
Other
Lessor, Lease, Description [Line Items]
2020	9
2021	10
2022	6
2023	5
2024	3
Thereafter	5
Total minimum future rentals	$ 38

Lessor, Leased Property and Equ

Lessor, Leased Property and Equipment (Details) - USD ($) $ in Millions	Dec. 31, 2019	Dec. 31, 2018
Lessor, Lease, Description [Line Items]
Property and equipment, at cost	$ 24,859	$ 24,409
Accumulated depreciation	(10,015)	(9,255)
Property and equipment, net	14,844	15,154
Assets Leased to Others [Member]
Lessor, Lease, Description [Line Items]
Property and equipment, at cost	1,320	1,361
Accumulated depreciation	(532)	(469)
Property and equipment, net	$ 788	$ 892

Commitments and Contingencies -

Commitments and Contingencies - Additional Information (Details)	Jul. 15, 2019USD ($)	Jul. 15, 2019MOP (MOP$)	Jan. 19, 2012USD ($)	Jan. 19, 2012MOP (MOP$)	Dec. 31, 2019USD ($)	Dec. 31, 2019MOP (MOP$)
Subconcession [Member] | Macao [Member]
Commitments and Contingencies [Line Items]
Annual premium, fixed portion (patacas converted to USD at balance sheet date)					$ 4,000,000	MOP$ 30000000
Annual premium, variable portion, minimum (patacas converted to USD at balance sheet date)					$ 6,000,000	MOP$ 45000000
Tax on gross gaming revenue, percent					35.00%	35.00%
Percentage contribution of revenue to utilities					4.00%	4.00%
Other commitment, due 2020					$ 42,000,000
Other commitment, due 2021					42,000,000
Other commitment, due 2022					21,000,000
Subconcession [Member] | Gaming Table Reserved [Member] | Macao [Member]
Commitments and Contingencies [Line Items]
Annual premium, variable portion, per unit (patacas converted to USD at balance sheet date)					37,399	MOP$ 300000
Subconcession [Member] | Gaming Table Not Reserved [Member] | Macao [Member]
Commitments and Contingencies [Line Items]
Annual premium, variable portion, per unit (patacas converted to USD at balance sheet date)					18,700	150,000
Subconcession [Member] | Electrical Or Mechanical Gaming Machine [Member] | Macao [Member]
Commitments and Contingencies [Line Items]
Annual premium, variable portion, per unit (patacas converted to USD at balance sheet date)					$ 125	MOP$ 1000
Asian American Entertainment Corporation Limited [Member]
Commitments and Contingencies [Line Items]
Loss contingency, damages sought (patacas converted to USD at balance sheet date)	$ 12,020,000,000	MOP$ 96450000000	$ 374,000,000	MOP$ 3000000000.0

Stock-Based Employee Compensa_3

Stock-Based Employee Compensation - Additional Information (Details) $ in Millions	1 Months Ended	12 Months Ended
	May 31, 2019shares	Dec. 31, 2019USD ($)OptionPlanshares	Dec. 31, 2018USD ($)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of nonqualified stock option plans | OptionPlan		2
Cash-settled restricted stock accrued liability | $		$ 378	$ 359
LVSC 2004 Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares provided by the plan | shares		26,344,000
Term of plan, expiration date (in years)		10 years
Number of additional shares authorized | shares	10,000,000
Shares available for grant | shares		9,777,920
Maximum contractual term of outstanding stock options		10 years
LVSC 2004 Plan [Member] | Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation cost related to unvested equity-based awards | $		$ 24
Expected weighted average period for recognition of stock option (in years)		3 years 8 months 12 days
LVSC 2004 Plan [Member] | Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock options vesting period (in years)		3 years
LVSC 2004 Plan [Member] | Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock options vesting period (in years)		4 years
SCL Equity Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares provided by the plan | shares		804,786,508
Term of plan, expiration date (in years)		10 years
Shares available for grant | shares		808,619,139
Stock options vesting period (in years)		4 years
Maximum contractual term of outstanding stock options		10 years
SCL Equity Plan [Member] | Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation cost related to unvested equity-based awards | $		$ 29
Expected weighted average period for recognition of stock option (in years)		2 years 7 months 6 days
SCL Equity Plan [Member] | Restricted Stock Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Cash-settled restricted stock accrued liability | $		$ 1
Unrecognized compensation cost related to unvested equity-based awards | $		$ 7
Expected weighted average period for recognition of stock option (in years)		2 years 8 months 12 days

Stock-Based Employee Compensa_4

Stock-Based Employee Compensation - Black-Scholes Option-Pricing Model Weighted Average Assumptions (Details)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
LVSC 2004 Plan [Member]
Black-Scholes option-pricing model, weighted average assumptions
Weighted average volatility	24.10%	25.80%	26.70%
Expected term (in years)	5 years 6 months	6 years 8 months 12 days	5 years 1 month 6 days
Risk-free rate	2.10%	2.90%	1.90%
Expected dividend yield	5.20%	5.70%	4.70%
SCL Equity Plan [Member]
Black-Scholes option-pricing model, weighted average assumptions
Weighted average volatility	36.90%	36.00%	36.90%
Expected term (in years)	4 years 9 months 18 days	4 years 8 months 12 days	4 years 4 months 24 days
Risk-free rate	1.70%	1.70%	1.30%
Expected dividend yield	5.00%	5.80%	6.60%

Stock-Based Employee Compensa_5

Stock-Based Employee Compensation - Summary of Stock Option Activity (Details) - Stock Option [Member] - USD ($) $ / shares in Units, $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
LVSC 2004 Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]
Outstanding, beginning balance (in shares)	7,956,364
Granted (in shares)	1,204,145	3,124,168	1,027,108
Exercised (in shares)	(569,224)
Forfeited or expired (in shares)	(75,430)
Outstanding, ending balance (in shares)	8,515,855	7,956,364
Exercisable as of the end of the period (in shares)	3,672,863
Outstanding, beginning balance, weighted average exercise price (in usd per share)	$ 55.10
Granted, weighted average exercise price (in usd per share)	59.42
Exercised, weighted average exercise price (in usd per share)	44.45
Forfeited or expired, weighted average exercise price (in usd per share)	65.10
Outstanding, ending balance, weighted average exercise price (in usd per share)	56.33	$ 55.10
Exercisable as of the end of the period, weighted average exercise price (in usd per share)	$ 57.85
Outstanding, weighted average remaining contractual life (in years)	7 years 3 months 3 days
Exercisable, weighted average remaining contractual life (in years)	5 years 6 months 14 days
Outstanding, aggregate intrinsic value	$ 112
Exercisable, aggregate intrinsic value	$ 43
SCL Equity Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]
Outstanding, beginning balance (in shares)	57,382,375
Granted (in shares)	19,409,600	18,872,800	17,364,000
Exercised (in shares)	(7,748,525)
Forfeited or expired (in shares)	(4,169,300)
Outstanding, ending balance (in shares)	64,874,150	57,382,375
Exercisable as of the end of the period (in shares)	22,214,150
Outstanding, beginning balance, weighted average exercise price (in usd per share)	$ 4.81
Granted, weighted average exercise price (in usd per share)	5.08
Exercised, weighted average exercise price (in usd per share)	3.65
Forfeited or expired, weighted average exercise price (in usd per share)	5.35
Outstanding, ending balance, weighted average exercise price (in usd per share)	4.99	$ 4.81
Exercisable as of the end of the period, weighted average exercise price (in usd per share)	$ 5.10
Outstanding, weighted average remaining contractual life (in years)	7 years 5 months 26 days
Exercisable, weighted average remaining contractual life (in years)	5 years 11 months 12 days
Outstanding, aggregate intrinsic value	$ 41
Exercisable, aggregate intrinsic value	$ 18

Stock-Based Employee Compensa_6

Stock-Based Employee Compensation - Summary of Unvested Restricted Stock and Stock Units (Details) - $ / shares	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
LVSC 2004 Plan [Member] | Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Other than Options, Outstanding [Roll Forward]
Unvested, beginning balance (in shares)	41,703
Granted (in shares)	11,039	10,296	37,270
Vested (in shares)	(33,405)
Unvested, ending balance (in shares)	19,337	41,703
Unvested, weighted average grant date fair value, beginning balance (in usd per share)	$ 55.77
Granted, weighted average grant date fair value (in usd per share)	63.40	$ 77.68	$ 58.51
Vested, weighted average grant date fair value (in usd per share)	55.84
Unvested, weighted average grant date fair value, ending balance (in usd per share)	$ 60	$ 55.77
SCL Equity Plan [Member] | Restricted Stock Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Other than Options, Outstanding [Roll Forward]
Unvested, beginning balance (in shares)	0
Granted (in shares)	1,412,400	0	0
Forfeited (in shares)	(5,200)
Unvested, ending balance (in shares)	1,407,200	0
Unvested, weighted average grant date fair value, beginning balance (in usd per share)	$ 0
Granted, weighted average grant date fair value (in usd per share)	4.99	$ 0	$ 0
Forfeited, weighted average grant date fair value (in usd per share)	4.99
Unvested, weighted average grant date fair value, ending balance (in usd per share)	$ 4.99	$ 0

Stock-Based Employee Compensa_7

Stock-Based Employee Compensation - Stock-Based Compensation Activity (Details) - USD ($) $ / shares in Units, $ in Millions		12 Months Ended
		Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Share-based compensation expense	[1]	$ 36	$ 30	$ 34
Income tax benefit recognized in the consolidated statements of operations		4	4	7
Compensation cost capitalized as part of property and equipment		1	1	0
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Proceeds from exercise of stock options		54	79	40
LVSC 2004 Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock options exercised, intrinsic value		11	16	11
Proceeds from exercise of stock options		26	56	28
SCL Equity Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock options exercised, intrinsic value		12	12	4
Proceeds from exercise of stock options		28	23	12
Stock Option [Member]
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Share-based compensation expense		$ 34	$ 29	$ 29
Stock Option [Member] | LVSC 2004 Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock options granted (in shares)		1,204,145	3,124,168	1,027,108
Stock options granted, weighted average grant date fair value (in usd per share)		$ 7.23	$ 7.52	$ 8.95
Stock Option [Member] | SCL Equity Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock options granted (in shares)		19,409,600	18,872,800	17,364,000
Stock options granted, weighted average grant date fair value (in usd per share)		$ 1.03	$ 1.01	$ 0.71
Restricted Stock And Stock Units [Member]
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Share-based compensation expense		$ 2	$ 1	$ 5
Restricted Stock [Member] | LVSC 2004 Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted stock award units granted (in shares)		11,039	10,296	37,270
Restricted stock award units granted, weighted average grant date fair value (in usd per share)		$ 63.40	$ 77.68	$ 58.51
Restricted Stock Units [Member] | SCL Equity Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted stock award units granted (in shares)		1,412,400	0	0
Restricted stock award units granted, weighted average grant date fair value (in usd per share)		$ 4.99	$ 0	$ 0
[1]	During the years ended December 31, 2019 , 2018 and 2017 , the Company recorded stock-based compensation expense of $36 million , $30 million and $34 million , respectively, of which $22 million , $18 million and $20 million , respectively, was included in corporate expense in the accompanying consolidated statements of operations.

Related Party Transactions - Ad

Related Party Transactions - Additional Information (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Related Party Transaction [Line Items]
Related party receivables	$ 3	$ 3
Related party payables	2
Maximum [Member]
Related Party Transaction [Line Items]
Related party payables		1
Lodging and Food & Beverage [Member] | Principal Stockholder and His Family [Member]
Related Party Transaction [Line Items]
Goods and services sold to related party	2	3	$ 3
Lodging and Food & Beverage [Member] | Principal Stockholder [Member]
Related Party Transaction [Line Items]
Expense from goods and services provided by related party	3	2	1
Aircraft, Yacht and Other [Member] | Principal Stockholder [Member]
Related Party Transaction [Line Items]
Expense from goods and services provided by related party	9	6	10
Aviation [Member] | Principal Stockholder [Member]
Related Party Transaction [Line Items]
Goods and services sold to related party	25	20	$ 21
Expenses paid by Company on behalf of related party	$ 9	$ 13

Schedule of Segment Reporting I

Schedule of Segment Reporting Information (Details) - USD ($) $ in Millions		May 31, 2019	Dec. 31, 2019		Sep. 30, 2019	Jun. 30, 2019		Mar. 31, 2019	Dec. 31, 2018		Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018		Dec. 31, 2019		Dec. 31, 2018	Dec. 31, 2017
Segment Reporting Information [Line Items]
Net revenues			$ 3,509		$ 3,250	$ 3,334		$ 3,646	$ 3,475		$ 3,372	$ 3,303	$ 3,579		$ 13,739		$ 13,729	$ 12,728
Adjusted property EBITDA	[1]														5,389		5,279	4,900
Stock-based compensation	[2]														(14)		(12)	(14)
Corporate															(313)		(202)	(173)
Pre-opening															(34)		(6)	(8)
Development															(24)		(12)	(13)
Depreciation and amortization															(1,165)		(1,111)	(1,171)
Amortization of leasehold interests in land															(51)		(35)	(37)
Loss on disposal or impairment of assets															(90)		(150)	(20)
Operating income			934		899	894		971	874		922	797	1,158		3,698		3,751	3,464
Interest income															74		59	16
Interest expense, net of amounts capitalized															(555)		(446)	(327)
Other income (expense)															23		26	(94)
Gain on sale of Sands Bethlehem															556		0	0
Loss on modification or early retirement of debt															(24)		(64)	(5)
Income tax (expense) benefit															(468)		(375)	209
Net income			783		$ 669	$ 1,108	[3]	$ 744	(40)	[4]	$ 699	$ 676	$ 1,616	[4]	3,304		2,951	3,263
Total stock-based compensation expense	[2]														36		30	34
Stock-based compensation expense included in corporate expense	[2]														22		18	20
Capital expenditures															1,216		949	837
Assets			23,199						22,547						23,199		22,547	20,687
Long-lived assets	[5]		17,116						16,352						17,116		16,352	16,753
Corporate and Other [Member]
Segment Reporting Information [Line Items]
Capital expenditures															59		81	9
Assets			1,390						1,296						1,390		1,296	953
Long-lived assets	[5]		311						281						311		281	249
Macao [Member]
Segment Reporting Information [Line Items]
Net revenues															8,834		8,689	7,609
Adjusted property EBITDA															3,189		3,079	2,607
Capital expenditures															762		535	479
Assets			11,817						11,617						11,817		11,617	10,514
Long-lived assets	[5]		8,937						8,612						8,937		8,612	8,840
Macao [Member] | The Venetian Macao [Member]
Segment Reporting Information [Line Items]
Net revenues															3,510		3,474	2,924
Adjusted property EBITDA															1,407		1,378	1,133
Capital expenditures															131		180	153
Assets			3,243						3,403						3,243		3,403	2,640
Long-lived assets	[5]		1,740						1,750						1,740		1,750	1,728
Macao [Member] | Sands Cotai Central [Member]
Segment Reporting Information [Line Items]
Net revenues															2,052		2,153	1,916
Adjusted property EBITDA															726		759	633
Capital expenditures															282		131	86
Assets			4,504						4,295						4,504		4,295	3,891
Long-lived assets	[5]		3,591						3,414						3,591		3,414	3,516
Macao [Member] | The Parisian Macao [Member]
Segment Reporting Information [Line Items]
Net revenues															1,650		1,533	1,395
Adjusted property EBITDA															544		484	413
Capital expenditures															32		131	204
Assets			2,351						2,455						2,351		2,455	2,496
Long-lived assets	[5]		2,203						2,317						2,203		2,317	2,375
Macao [Member] | The Plaza Macao and Four Seasons Hotel Macao [Member]
Segment Reporting Information [Line Items]
Net revenues															877		719	587
Adjusted property EBITDA															345		262	233
Capital expenditures															298		63	22
Assets			1,239						883						1,239		883	930
Long-lived assets	[5]		1,112						772						1,112		772	853
Macao [Member] | Sands Macao [Member]
Segment Reporting Information [Line Items]
Net revenues															628		650	626
Adjusted property EBITDA															175		178	174
Capital expenditures															16		29	10
Assets			324						322						324		322	282
Long-lived assets	[5]		237						229						237		229	222
Macao [Member] | Ferry Operations and Other [Member]
Segment Reporting Information [Line Items]
Net revenues															117		160	161
Adjusted property EBITDA															(8)		18	21
Loss on disposal or impairment of assets															(65)
Capital expenditures															3		1	4
Assets			156						259						156		259	275
Long-lived assets	[5]		54						130						54		130	146
Singapore [Member] | Marina Bay Sands [Member]
Segment Reporting Information [Line Items]
Net revenues															3,101		3,069	3,134
Adjusted property EBITDA															1,661		1,690	1,755
Capital expenditures															195		182	196
Assets			5,880						4,674						5,880		4,674	5,054
Long-lived assets	[5]		5,063						4,148						5,063		4,148	4,336
United States [Member]
Segment Reporting Information [Line Items]
Net revenues															2,045		2,218	2,221
Adjusted property EBITDA															539		510	538
Capital expenditures															200		151	153
Assets			4,112						4,960						4,112		4,960	4,166
Long-lived assets	[5]		2,805						3,311						2,805		3,311	3,328
United States [Member] | Las Vegas Operating Properties [Member]
Segment Reporting Information [Line Items]
Net revenues															1,818		1,682	1,657
Adjusted property EBITDA															487		394	391
Capital expenditures															198		127	123
Assets			4,112						4,321						4,112		4,321	3,530
Long-lived assets	[5]		2,805						2,762						2,805		2,762	2,779
United States [Member] | Sands Bethlehem [Member]
Segment Reporting Information [Line Items]
Net revenues															227	[6]	536	564
Adjusted property EBITDA															52	[7]	116	147
Gain on sale of Sands Bethlehem	[3]	$ 556
Capital expenditures															2	[8]	24	30
Assets			0	[9]					639						0	[9]	639	636
Long-lived assets	[5]		$ 0	[10]					$ 549						0	[10]	549	549
Intersegment Eliminations [Member]
Segment Reporting Information [Line Items]
Net revenues	[11]														(241)		(247)	(236)
Intersegment Eliminations [Member] | Macao [Member]
Segment Reporting Information [Line Items]
Net revenues															(31)		(29)	(28)
Intersegment Eliminations [Member] | Macao [Member] | The Venetian Macao [Member]
Segment Reporting Information [Line Items]
Net revenues															(4)		(4)	(5)
Intersegment Eliminations [Member] | Macao [Member] | Ferry Operations and Other [Member]
Segment Reporting Information [Line Items]
Net revenues															(27)		(25)	(23)
Intersegment Eliminations [Member] | Singapore [Member] | Marina Bay Sands [Member]
Segment Reporting Information [Line Items]
Net revenues															(4)		(9)	(8)
Intersegment Eliminations [Member] | United States [Member] | Las Vegas Operating Properties [Member]
Segment Reporting Information [Line Items]
Net revenues															(206)		(209)	(200)
Casino [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer															9,828		9,819	9,086
Net revenues															9,828		9,819	9,086
Casino [Member] | Macao [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer															7,018		6,816	5,880
Casino [Member] | Macao [Member] | The Venetian Macao [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer															2,875		2,829	2,362
Casino [Member] | Macao [Member] | Sands Cotai Central [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer															1,541		1,622	1,433
Casino [Member] | Macao [Member] | The Parisian Macao [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer															1,376		1,265	1,120
Casino [Member] | Macao [Member] | The Plaza Macao and Four Seasons Hotel Macao [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer															650		502	391
Casino [Member] | Macao [Member] | Sands Macao [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer															576		598	574
Casino [Member] | Macao [Member] | Ferry Operations and Other [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer															0		0	0
Casino [Member] | Singapore [Member] | Marina Bay Sands [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer															2,167		2,178	2,333
Casino [Member] | United States [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer															643		825	873
Casino [Member] | United States [Member] | Las Vegas Operating Properties [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer															444		357	380
Casino [Member] | United States [Member] | Sands Bethlehem [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer															199	[6]	468	493
Casino [Member] | Intersegment Eliminations [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer	[11]														0		0	0
Rooms [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer															1,752		1,733	1,586
Net revenues															1,752		1,733	1,586
Rooms [Member] | Macao [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer															731		734	651
Rooms [Member] | Macao [Member] | The Venetian Macao [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer															222		223	179
Rooms [Member] | Macao [Member] | Sands Cotai Central [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer															320		331	291
Rooms [Member] | Macao [Member] | The Parisian Macao [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer															130		124	128
Rooms [Member] | Macao [Member] | The Plaza Macao and Four Seasons Hotel Macao [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer															41		39	34
Rooms [Member] | Macao [Member] | Sands Macao [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer															18		17	19
Rooms [Member] | Macao [Member] | Ferry Operations and Other [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer															0		0	0
Rooms [Member] | Singapore [Member] | Marina Bay Sands [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer															404		393	358
Rooms [Member] | United States [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer															617		606	577
Rooms [Member] | United States [Member] | Las Vegas Operating Properties [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer															610		590	561
Rooms [Member] | United States [Member] | Sands Bethlehem [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer															7	[6]	16	16
Rooms [Member] | Intersegment Eliminations [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer	[11]														0		0	0
Food and Beverage [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer															897		865	828
Net revenues															897		865	828
Food and Beverage [Member] | Macao [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer															298		304	292
Food and Beverage [Member] | Macao [Member] | The Venetian Macao [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer															73		81	74
Food and Beverage [Member] | Macao [Member] | Sands Cotai Central [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer															97		102	102
Food and Beverage [Member] | Macao [Member] | The Parisian Macao [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer															70		65	61
Food and Beverage [Member] | Macao [Member] | The Plaza Macao and Four Seasons Hotel Macao [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer															31		29	28
Food and Beverage [Member] | Macao [Member] | Sands Macao [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer															27		27	27
Food and Beverage [Member] | Macao [Member] | Ferry Operations and Other [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer															0		0	0
Food and Beverage [Member] | Singapore [Member] | Marina Bay Sands [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer															241		211	183
Food and Beverage [Member] | United States [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer															358		350	353
Food and Beverage [Member] | United States [Member] | Las Vegas Operating Properties [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer															347		324	325
Food and Beverage [Member] | United States [Member] | Sands Bethlehem [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer															11	[6]	26	28
Food and Beverage [Member] | Intersegment Eliminations [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer	[11]														0		0	0
Mall [Member]
Segment Reporting Information [Line Items]
Net revenues															716		690	651
Mall [Member] | Macao [Member]
Segment Reporting Information [Line Items]
Net revenues															532		508	480
Mall [Member] | Macao [Member] | The Venetian Macao [Member]
Segment Reporting Information [Line Items]
Net revenues															254		234	220
Mall [Member] | Macao [Member] | Sands Cotai Central [Member]
Segment Reporting Information [Line Items]
Net revenues															71		69	63
Mall [Member] | Macao [Member] | The Parisian Macao [Member]
Segment Reporting Information [Line Items]
Net revenues															53		57	66
Mall [Member] | Macao [Member] | The Plaza Macao and Four Seasons Hotel Macao [Member]
Segment Reporting Information [Line Items]
Net revenues															151		145	131
Mall [Member] | Macao [Member] | Sands Macao [Member]
Segment Reporting Information [Line Items]
Net revenues															3		3	0
Mall [Member] | Macao [Member] | Ferry Operations and Other [Member]
Segment Reporting Information [Line Items]
Net revenues															0		0	0
Mall [Member] | Singapore [Member] | Marina Bay Sands [Member]
Segment Reporting Information [Line Items]
Net revenues															185		179	167
Mall [Member] | United States [Member]
Segment Reporting Information [Line Items]
Net revenues															1		4	4
Mall [Member] | United States [Member] | Las Vegas Operating Properties [Member]
Segment Reporting Information [Line Items]
Net revenues															0		0	0
Mall [Member] | United States [Member] | Sands Bethlehem [Member]
Segment Reporting Information [Line Items]
Net revenues															1	[6]	4	4
Mall [Member] | Intersegment Eliminations [Member]
Segment Reporting Information [Line Items]
Net revenues	[11]														(2)		(1)	0
Convention, Retail and Other [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer															546		622	577
Net revenues															546		622	577
Convention, Retail and Other [Member] | Macao [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer															255		327	306
Convention, Retail and Other [Member] | Macao [Member] | The Venetian Macao [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer															86		107	89
Convention, Retail and Other [Member] | Macao [Member] | Sands Cotai Central [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer															23		29	27
Convention, Retail and Other [Member] | Macao [Member] | The Parisian Macao [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer															21		22	20
Convention, Retail and Other [Member] | Macao [Member] | The Plaza Macao and Four Seasons Hotel Macao [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer															4		4	3
Convention, Retail and Other [Member] | Macao [Member] | Sands Macao [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer															4		5	6
Convention, Retail and Other [Member] | Macao [Member] | Ferry Operations and Other [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer															117		160	161
Convention, Retail and Other [Member] | Singapore [Member] | Marina Bay Sands [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer															104		108	93
Convention, Retail and Other [Member] | United States [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer															426		433	414
Convention, Retail and Other [Member] | United States [Member] | Las Vegas Operating Properties [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer															417		411	391
Convention, Retail and Other [Member] | United States [Member] | Sands Bethlehem [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer															9	[6]	22	23
Convention, Retail and Other [Member] | Intersegment Eliminations [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer	[11]														$ (239)		$ (246)	$ (236)
[1]	Consolidated adjusted property EBITDA, which is a non-GAAP financial measure, is net income before stock-based compensation expense, corporate expense, pre-opening expense, development expense, depreciation and amortization, amortization of leasehold interests in land, gain or loss on disposal or impairment of assets, interest, other income or expense, gain on sale of Sands Bethlehem, gain or loss on modification or early retirement of debt and income taxes. Consolidated adjusted property EBITDA is a supplemental non-GAAP financial measure used by management, as well as industry analysts, to evaluate operations and operating performance. In particular, management utilizes consolidated adjusted property EBITDA to compare the operating profitability of its operations with those of its competitors, as well as a basis for determining certain incentive compensation. Integrated Resort companies have historically reported adjusted property EBITDA as a supplemental performance measure to GAAP financial measures. In order to view the operations of their properties on a more stand-alone basis, Integrated Resort companies, including Las Vegas Sands Corp., have historically excluded certain expenses that do not relate to the management of specific properties, such as pre-opening expense, development expense and corporate expense, from their adjusted property EBITDA calculations. Consolidated adjusted property EBITDA should not be interpreted as an alternative to income from operations (as an indicator of operating performance) or to cash flows from operations (as a measure of liquidity), in each case, as determined in accordance with GAAP. The Company has significant uses of cash flow, including capital expenditures, dividend payments, interest payments, debt principal repayments and income taxes, which are not reflected in consolidated adjusted property EBITDA. Not all companies calculate adjusted property EBITDA in the same manner. As a result, consolidated adjusted property EBITDA as presented by the Company may not be directly comparable to similarly titled measures presented by other companies.
[2]	During the years ended December 31, 2019 , 2018 and 2017 , the Company recorded stock-based compensation expense of $36 million , $30 million and $34 million , respectively, of which $22 million , $18 million and $20 million , respectively, was included in corporate expense in the accompanying consolidated statements of operations.
[3]	During Q2 2019, the Company closed the sale of Sands Bethlehem and recorded a gain on the sale of $556 million .
[4]	During Q1 2018, the Company recorded a nonrecurring non-cash discrete income tax benefit of $670 million due to the implementation of the Global Intangible Low-Taxed Income ("GILTI") provision of U.S. tax reform. During Q4 2018, the IRS issued guidance clarifying the implementation of the GILTI and other provisions that would impact the foreign tax credit utilization and required an increase of a valuation allowance related to the Company's historical foreign tax credits. As a result, in Q4 2018, the Company recorded a nonrecurring non-cash discrete income tax expense of $727 million .
[5]	Long-lived assets include property and equipment, net of accumulated depreciation and amortization, and leasehold interests in land, net of accumulated amortization.
[6]	The Company completed the sale of Sands Bethlehem on May 31, 2019 (see “Note 1 — Organization and Business of Company”). Results of operations include Sands Bethlehem through May 30, 2019.
[7]	The Company completed the sale of Sands Bethlehem on May 31, 2019 (see “Note 1 — Organization and Business of Company”). Results of operations include Sands Bethlehem through May 30, 2019.
[8]	The Company completed the sale of Sands Bethlehem on May 31, 2019 (see “Note 1 — Organization and Business of Company”). Results of operations include Sands Bethlehem through May 30, 2019.
[9]	The Company completed the sale of Sands Bethlehem on May 31, 2019 (see “Note 1 — Organization and Business of Company”). Results of operations include Sands Bethlehem through May 30, 2019.
[10]	The Company completed the sale of Sands Bethlehem on May 31, 2019 (see “Note 1 — Organization and Business of Company”). Results of operations include Sands Bethlehem through May 30, 2019.
[11]	Intercompany eliminations include royalties and other intercompany services.

Selected Quarterly Financial _3

Selected Quarterly Financial Results (Unaudited) (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended											12 Months Ended
	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019		Mar. 31, 2019	Dec. 31, 2018		Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018		Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Quarterly Financial Information Disclosure [Abstract]
Net revenues	$ 3,509	$ 3,250	$ 3,334		$ 3,646	$ 3,475		$ 3,372	$ 3,303	$ 3,579		$ 13,739	$ 13,729	$ 12,728
Operating income	934	899	894		971	874		922	797	1,158		3,698	3,751	3,464
Net income (loss)	783	669	1,108	[1]	744	(40)	[2]	699	676	1,616	[2]	3,304	2,951	3,263
Net income (loss) attributable to Las Vegas Sands Corp.	$ 629	$ 533	$ 954	[1]	$ 582	$ (170)	[2]	$ 571	$ 556	$ 1,456	[2]	$ 2,698	$ 2,413	$ 2,808
Basic earnings (loss) per share (in usd per share)	$ 0.82	$ 0.69	$ 1.24	[1]	$ 0.75	$ (0.22)	[2]	$ 0.73	$ 0.70	$ 1.85	[2]	$ 3.50	$ 3.07	$ 3.55
Diluted earnings (loss) per share (in usd per share)	$ 0.82	$ 0.69	$ 1.24	[1]	$ 0.75	$ (0.22)	[2]	$ 0.73	$ 0.70	$ 1.84	[2]	$ 3.50	$ 3.07	$ 3.55
[1]	During Q2 2019, the Company closed the sale of Sands Bethlehem and recorded a gain on the sale of $556 million .
[2]	During Q1 2018, the Company recorded a nonrecurring non-cash discrete income tax benefit of $670 million due to the implementation of the Global Intangible Low-Taxed Income ("GILTI") provision of U.S. tax reform. During Q4 2018, the IRS issued guidance clarifying the implementation of the GILTI and other provisions that would impact the foreign tax credit utilization and required an increase of a valuation allowance related to the Company's historical foreign tax credits. As a result, in Q4 2018, the Company recorded a nonrecurring non-cash discrete income tax expense of $727 million .

Selected Quarterly Financial _4

Selected Quarterly Financial Results - Footnotes (Unaudited) (Details) - USD ($) $ in Millions		May 31, 2019	Dec. 31, 2018	Mar. 31, 2018	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Schedule Of Quarterly Financial Data [Line Items]
Gain on sale of Sands Bethlehem					$ 556	$ 0	$ 0
Sands Bethlehem [Member] | United States [Member]
Schedule Of Quarterly Financial Data [Line Items]
Gain on sale of Sands Bethlehem	[1]	$ 556
Tax Cuts and Jobs Act [Member]
Schedule Of Quarterly Financial Data [Line Items]
Valuation allowance, deferred tax asset, increase (decrease), amount	[2]		$ 727	$ (670)
[1]	During Q2 2019, the Company closed the sale of Sands Bethlehem and recorded a gain on the sale of $556 million .
[2]	During Q1 2018, the Company recorded a nonrecurring non-cash discrete income tax benefit of $670 million due to the implementation of the Global Intangible Low-Taxed Income ("GILTI") provision of U.S. tax reform. During Q4 2018, the IRS issued guidance clarifying the implementation of the GILTI and other provisions that would impact the foreign tax credit utilization and required an increase of a valuation allowance related to the Company's historical foreign tax credits. As a result, in Q4 2018, the Company recorded a nonrecurring non-cash discrete income tax expense of $727 million .

Schedule II - Valuation and Q_2

Schedule II - Valuation and Qualifying Accounts (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
SEC Schedule, 12-09, Allowance, Credit Loss [Member]
SEC Schedule, 12-09, Movement in Valuation Allowances and Reserves [Roll Forward]
Balance at beginning of year	$ 324	$ 442	$ 576
Additions	30	5	96
Write-offs, net of recoveries	(72)	(123)	(230)
Balance at end of year	282	324	442
SEC Schedule, 12-09, Valuation Allowance, Deferred Tax Asset [Member]
SEC Schedule, 12-09, Movement in Valuation Allowances and Reserves [Roll Forward]
Balance at beginning of year	4,769	4,690	4,197
Additions	29	105	510
Deductions	(12)	(26)	(17)
Balance at end of year	$ 4,786	$ 4,769	$ 4,690