Las Vegas Sands (LVS) 10-K 5 Feb 21 2020 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2020	Feb. 02, 2021	Jun. 30, 2020
Cover [Abstract]
Document type	10-K
Document annual report	true
Current fiscal year end date	--12-31
Document period end date	Dec. 31, 2020
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
ICFR Auditor Attestation Flag	true
Entity shell company	false
Entity public float			$ 15,059,203,280
Entity common stock, shares outstanding		763,842,938
Documents incorporated by reference	Portions of the definitive Proxy Statement to be used in connection with the registrant's 2021 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
Document fiscal year focus	2020
Document fiscal period focus	FY
Amendment flag	false

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Dec. 31, 2020	Dec. 31, 2019
Current assets:
Cash and cash equivalents	$ 2,121	$ 4,226
Restricted cash and cash equivalents	16	16
Accounts receivable, net of provision for credit losses of $314 and $282	338	844
Inventories	32	37
Prepaid expenses and other	137	182
Total current assets	2,644	5,305
Property and equipment, net	15,109	14,844
Deferred income taxes, net	318	282
Leasehold interests in land, net	2,256	2,272
Intangible assets, net	25	42
Other assets, net	455	454
Total assets	20,807	23,199
Current liabilities:
Accounts payable	98	149
Construction payables	342	334
Other accrued liabilities	1,706	2,396
Income taxes payable	87	275
Current maturities of long-term debt	76	70
Total current liabilities	2,309	3,224
Other long-term liabilities	497	513
Deferred income taxes	188	183
Deferred amounts related to mall sale transactions	344	350
Long-term debt	13,931	12,422
Total liabilities	17,269	16,692
Commitments and contingencies (Note 14)
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 shares issued, 764 shares outstanding	1	1
Treasury stock, at cost, 69 shares	(4,481)	(4,481)
Capital in excess of par value	6,611	6,569
Accumulated other comprehensive income (loss)	29	(3)
Retained earnings	813	3,101
Total Las Vegas Sands Corp. stockholders' equity	2,973	5,187
Noncontrolling interests	565	1,320
Total equity	3,538	6,507
Total liabilities and equity	$ 20,807	$ 23,199

CONSOLIDATED BALANCE SHEETS (PA

CONSOLIDATED BALANCE SHEETS (PARENTHETICAL) - USD ($) $ in Millions	Dec. 31, 2020	Dec. 31, 2019
Statement of Financial Position [Abstract]
Accounts receivable, allowance for credit loss, current	$ 314	$ 282
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	833,000,000
Common stock, shares outstanding	764,000,000	764,000,000
Treasury stock, shares	69,000,000	69,000,000

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Millions, $ in Millions	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Revenues:
Net revenues	$ 3,612	$ 13,739	$ 13,729
Operating expenses:
Provision for credit losses	99	30	5
General and administrative	1,093	1,502	1,483
Corporate	168	313	202
Pre-opening	19	34	6
Development	18	24	12
Depreciation and amortization	1,160	1,165	1,111
Amortization of leasehold interests in land	55	51	35
Loss on disposal or impairment of assets	80	90	150
Total operating expenses	5,300	10,041	9,978
Operating income (loss)	(1,688)	3,698	3,751
Other income (expense):
Interest income	21	74	59
Interest expense, net of amounts capitalized	(536)	(555)	(446)
Other income	22	23	26
Gain on sale of Sands Bethlehem	0	556	0
Loss on modification or early retirement of debt	0	(24)	(64)
Income (loss) before income taxes	(2,181)	3,772	3,326
Income tax (expense) benefit	38	(468)	(375)
Net income (loss)	(2,143)	3,304	2,951
Net (income) loss attributable to noncontrolling interests	458	(606)	(538)
Net income (loss) attributable to Las Vegas Sands Corp.	$ (1,685)	$ 2,698	$ 2,413
Earnings (loss) per share:
Basic (in usd per share)	$ (2.21)	$ 3.50	$ 3.07
Diluted (in usd per share)	$ (2.21)	$ 3.50	$ 3.07
Weighted average shares outstanding:
Basic (in shares)	764	771	786
Diluted (in shares)	764	771	786
Casino [Member]
Revenues:
Net revenues	$ 2,268	$ 9,828	$ 9,819
Operating expenses:
Cost of revenue	1,758	5,304	5,448
Rooms [Member]
Revenues:
Net revenues	498	1,752	1,733
Operating expenses:
Cost of revenue	271	444	438
Food and Beverage [Member]
Revenues:
Net revenues	283	897	865
Operating expenses:
Cost of revenue	371	702	673
Mall [Member]
Revenues:
Net revenues	381	716	690
Operating expenses:
Cost of revenue	59	78	79
Convention, Retail and Other [Member]
Revenues:
Net revenues	182	546	622
Operating expenses:
Cost of revenue	$ 149	$ 304	$ 336

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Statement of Comprehensive Income [Abstract]
Net income (loss)	$ (2,143)	$ 3,304	$ 2,951
Currency translation adjustment	37	42	(58)
Total comprehensive income (loss)	(2,106)	3,346	2,893
Comprehensive (income) loss attributable to noncontrolling interests	453	(611)	(534)
Comprehensive income (loss) attributable to Las Vegas Sands Corp.	$ (1,653)	$ 2,735	$ 2,359

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, 2017	$ 7,627	$ 1	$ (2,818)	$ 6,580	$ 14	$ 2,709	$ 1,141
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	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 (loss)	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
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	(2,143)					(1,685)	(458)
Currency translation adjustment	37				32		5
Exercise of stock options	24			22			2
Stock-based compensation	23			19			4
Other	1			1
Dividends declared and noncontrolling interest payments	(911)					(603)	(308)
Ending balance at Dec. 31, 2020	$ 3,538	$ 1	$ (4,481)	$ 6,611	$ 29	$ 813	$ 565

CONSOLIDATED STATEMENTS OF EQ_2

CONSOLIDATED STATEMENTS OF EQUITY (Parenthetical) - $ / shares	Mar. 26, 2020	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. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Statement of Stockholders' Equity [Abstract]
Common stock, dividends declared (per share)	$ 0.79	$ 0.77	$ 0.77	$ 0.77	$ 0.77	$ 0.75	$ 0.75	$ 0.75	$ 0.75	$ 0.79	$ 3.08	$ 3

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Cash flows from operating activities:
Net income (loss)	$ (2,143)	$ 3,304	$ 2,951
Adjustments to reconcile net income (loss) to net cash generated from (used in) operating activities:
Depreciation and amortization	1,160	1,165	1,111
Amortization of leasehold interests in land	55	51	35
Amortization of deferred financing costs and original issue discount	43	33	35
Amortization of deferred gain on mall sale transactions	(5)	(5)	(5)
Loss on modification or early retirement of debt	0	24	64
Loss on disposal or impairment of assets	46	82	149
Gain on sale of Sands Bethlehem	0	(556)	0
Stock-based compensation expense	22	35	30
Provision for credit losses	99	30	5
Foreign exchange gain	(20)	(21)	(26)
Deferred income taxes	(33)	157	113
Changes in operating assets and liabilities:
Accounts receivable	402	(150)	(119)
Other assets	(6)	(63)	(25)
Leasehold interests in land	0	(969)	(15)
Accounts payable	(51)	(26)	8
Other liabilities	(881)	(53)	390
Net cash generated from (used in) operating activities	(1,312)	3,038	4,701
Cash flows from investing activities:
Net proceeds from sale of Sands Bethlehem	0	1,161	0
Capital expenditures	(1,330)	(1,216)	(949)
Proceeds from disposal of property and equipment	1	5	19
Acquisition of intangible assets	0	(53)	0
Net cash used in investing activities	(1,329)	(103)	(930)
Cash flows from financing activities:
Proceeds from exercise of stock options	24	54	79
Repurchase of common stock	0	(754)	(905)
Dividends paid and noncontrolling interest payments	(911)	(3,000)	(2,979)
Proceeds from long-term debt (Note 8)	1,945	4,000	7,593
Repayments of long-term debt (Note 8)	(467)	(3,536)	(5,178)
Payments of financing costs	(31)	(132)	(132)
Net cash generated from (used in) financing activities	560	(3,368)	(1,522)
Effect of exchange rate on cash, cash equivalents and restricted cash	(24)	14	(18)
Increase (decrease) in cash, cash equivalents and restricted cash and cash equivalents	(2,105)	(419)	2,231
Cash, cash equivalents and restricted cash and cash equivalents at beginning of year	4,242	4,661	2,430
Cash, cash equivalents and restricted cash and cash equivalents at end of year	$ 2,137	$ 4,242	$ 4,661

CONSOLIDATED STATEMENTS OF CA_2

CONSOLIDATED STATEMENTS OF CASH FLOWS SUPPLEMENTAL DISCLOSURES - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Supplemental disclosure of cash flow information:
Cash payments for interest, net of amounts capitalized	$ 419	$ 462	$ 326
Cash payments for taxes, net of refunds	196	253	264
Changes in construction payables	$ 8	$ 145	$ 37

Organization and Business of Co

Organization and Business of Company	12 Months Ended
	Dec. 31, 2020
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. 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. COVID-19 Pandemic In early January 2020, an outbreak of a respiratory illness caused by a novel coronavirus was identified and the disease has since spread rapidly across the world causing the World Health Organization to declare the outbreak of a pandemic on March 12, 2020 (the “COVID-19 Pandemic”). As a result, people across the globe were advised to avoid non-essential travel. Steps were also taken by various countries, including those in which we operate, to restrict inbound international travel and implement closures of non-essential operations to contain the spread of the virus. Macao Visitation to Macao decreased substantially throughout 2020 as a result of various government policies limiting travel. Travel restrictions and quarantine requirements have been varying in response to changes in circumstances in other countries. A complete ban on entry, or a need to undergo enhanced quarantine requirements depending on the person’s residency and their recent travel history, remains in place for Macao residents, foreign workers residing in Macao and international travelers from countries other than mainland China. Beginning December 21, 2020, all travelers who have been to any overseas territory, including Hong Kong, but not including mainland China or Taiwan, in the past 14 days will be subject to a 21-day compulsory quarantine at a designated location when arriving in Macao. Those travelers arriving from mainland China or Taiwan will be subject to a 14-day quarantine. People from low risk cities in China may enter Macao quarantine free, subject to them holding the appropriate travel documents, a negative COVID-19 test result and a green health-code. All other foreign nationals, including those holding a temporary work permit, are still not permitted to enter Macao. The China Individual Visit Scheme ("China IVS") recommenced for certain regions from August 12, 2020, and was extended to more jurisdictions within mainland China effective September 23, 2020. General travel restrictions within mainland China continue to exist and are updated and revised based on evolving public health consideraions within China. Following suspension of all gaming operations on February 5, 2020 by the Macao government, the Company’s Macao casino operations resumed on February 20, 2020, except for operations at The Londoner Macao, which resumed on February 27, 2020. Additional health safeguards, such as the requirement to present a negative COVID-19 test certificate prior to entering the casino, have been implemented, as well as the ongoing limitation on the number of seats per table game, slot machine spacing, temperature checks and mandatory mask protection. The Company is currently unable to determine when these measures will be modified or cease to be necessary. Some of the Company’s Macao hotel facilities were also closed during the casino suspension in response to the drop in visitation and, with the exception of the Conrad Macao, Cotai Strip, which reopened on June 13, 2020, these hotels were gradually reopened from February 20, 2020. In support of the Macao government’s initiatives to fight the COVID-19 Pandemic, the Company provided one tower (approximately 2,000 hotel rooms) at the Sheraton Grand Macao Hotel, Cotai Strip to the Macao government to house individuals who returned to Macao for quarantine purposes. This tower has been utilized for quarantine purposes on several occasions including from March 28 to April 30, 2020; from June 7 to August 14, 2020; from December 20, 2020 until February 6, 2021; and will resume on February 20, 2021 until further notice. Operating hours at restaurants across the Company’s Macao properties are continuously being adjusted in line with movements in guest visitation. The majority of retail outlets in the Company’s various shopping malls are open with reduced operating hours. The timing and manner in which these areas will return to full operation are currently unknown. The Hong Kong government temporarily closed the Hong Kong China Ferry Terminal in Kowloon on January 30, 2020, and the Hong Kong Macao Ferry Terminal in Hong Kong on February 4, 2020. In response, the Company suspended its Macao ferry operations between Macao and Hong Kong. The timing and manner in which the Company’s normal ferry operations will be able to resume are currently unknown. Our operations in Macao have been significantly impacted by the lack of visitation to Macao. The Macao government announced total visitation from mainland China to Macao decreased 83.0% for 2020, as compared to 2019. The Macao government also announced gross gaming revenue decreased by 79.3% for 2020, as compared to 2019. Singapore Beginning on April 7, 2020, the Singapore government suspended all casino and non-essential operations, including all operations at Marina Bay Sands, due to the COVID-19 Pandemic. The Company’s Singapore operations were permitted to reopen beginning on June 19, 2020; however, this only included certain restaurants and retail mall operations. The casino operations reopened on July 1, 2020; however, entry was initially limited to annual levy holders and certain Sands Rewards Club (“SRC”) members. The casino opened to all SRC members as of July 9, 2020, and to the public as of October 23, 2020. All operations are currently subject to limited capacities. On May 28, 2020, in support of the Singapore government’s initiatives to fight the COVID-19 Pandemic, Marina Bay Sands entered into an agreement with the Singapore government to utilize all three hotel towers to house Singapore residents upon their initial return from other jurisdictions for quarantine. The government’s use of the first tower ceased on June 26, 2020, while usage of the second and third towers continued through July 26, 2020. Beginning on July 17, 2020, the first tower reopened for normal operations, while the second and third towers reopened on August 1, 2020. On September 7, 2020, the Singapore Tourism Board ("STB") announced that event organizers are allowed to apply for pilot events with limited capacities of up to 250 attendees from October 1, 2020. The date on which nightlife venues may reopen is unknown at this time. In December 2020, Singapore entered phase 3 of reopening, which, among other things, increased our casino operating capacity from 3,000 players to 3,750 players. Visitation to Marina Bay Sands declined significantly due to the COVID-19 Pandemic. The STB announced for the 12 months ended November 30, 2020 (the latest information publicly available at the time of filing), total visitation to Singapore decreased approximately 76.6% , as compared to the same period in 2019. Las Vegas The Nevada government suspended all casino and non-essential operations, including all operations at the Las Vegas Operating Properties, as later defined, beginning on March 18, 2020, due to the COVID-19 Pandemic. The Nevada government allowed casinos to reopen on June 4, 2020, under strict guidelines issued by the Gaming Control Board and the State of Nevada. The Company reopened the casino suites, within The Venetian Tower and The Palazzo Tower, and select food and beverage outlets on June 4, 2020, with certain operations subject to reduced capacity. Beginning October 1, 2020, the limit for both public and private events increased from 50 people to the lesser of 250 people or 50% of the room’s capacity (excluding employees, organizers and performers) provided social distancing measures and various safety and related protocols were followed. Meetings, incentives, conventions and exhibitions (“MICE”) for more than 250 people, but no more than 1,000 people, were allowed subject to certain requirements. Larger venues, defined as having more than a 2,500 fixed-seating capacity, were allowed to host a gathering of 10% of their total capacity provided they met additional requirements. Despite these allowances, there have been no MICE events at the Company's Las Vegas Operating Properties since reopening on June 4, 2020. In November 2020, the Nevada government tightened capacity and other restrictions, which included, among other things, a 25% capacity limit for gaming establishments and the lesser of 25% or 50 people for MICE events. These increased restrictions will be in place until at least February 14, 2021. Visitation to the Company’s Las Vegas Operating Properties declined due to the COVID-19 Pandemic. The Las Vegas Convention and Visitors Authority ("LVCVA") announced for the 12 months ended November 30, 2020 (the latest information publicly available at the time of filing), total visitation to Las Vegas decreased 49.8%, as compared to the same period in 2019. The LVCVA also announced for the 12 months ended November 30, 2020 (the latest information publicly available at the time of filing), gross gaming revenue for the Las Vegas Strip decreased 38.5%, as compared to the same period in 2019. Summary The disruptions arising from the COVID-19 Pandemic had a significant adverse impact on the Company’s financial condition, operations and cash flows during the year ended December 31, 2020. The duration and intensity of this global health emergency and related disruptions are uncertain. Given the dynamic nature of these circumstances, the impact on the Company’s consolidated results of operations, cash flows and financial condition may continue to be material in the future, but cannot be reasonably estimated at this time as it is unknown when the COVID-19 Pandemic will end, when or how quickly the current travel and operational restrictions will be modified or cease to be necessary and the resulting impact on the Company’s business and the willingness of tourism customers to spend on travel and entertainment and business customers to spend on MICE. While each of the Company’s properties are currently open and operating at reduced levels due to lower visitation and the implementation of required safety measures, the current economic and regulatory environment on a global basis and in each of the Company’s jurisdictions continues to evolve. The Company cannot predict the manner in which governments will react as the global and regional impact of the COVID-19 Pandemic changes over time, which could significantly alter the Company’s current operations. The Company has a strong balance sheet and sufficient liquidity in place, including total cash and cash equivalents balance, excluding restricted cash and cash equivalents, of $2.12 billion and access to $1.50 billion, $2.02 billion and $448 million of available borrowing capacity from the LVSC Revolving Facility, 2018 SCL Revolving Facility and the 2012 Singapore Revolving Facility, respectively, and 3.69 billion Singapore dollars (“SGD,” approximately $2.79 billion at exchange rates in effect on December 31, 2020) under the Singapore Delayed Draw Term Facility, exclusively for capital expenditures for the MBS Expansion Project, as later defined, as of December 31, 2020. On January 25, 2021, SCL entered into an agreement with lenders to increase commitments under the 2018 SCL Credit Facility by Hong Kong Dollars ("HKD") 3.83 billion (approximately $494 million at exchange rates in effect on the date of this transaction). Subsequently, on January 29, 2021, SCL drew down $29 million and HKD 2.13 billion (approximately $274 million at exchange rates in effect on January 29, 2021) under this facility for general corporate purposes, resulting in remaining available borrowing capacity of $2.21 billion. The Company believes it is able to support continuing operations, complete the major construction projects that are underway and respond to the current COVID-19 Pandemic challenges. The Company has taken various mitigating measures to manage through the current environment, including a cost and capital expenditure reduction program to minimize cash outflow of non-essential items. 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 69.9% of SCL, which includes the operations of The Venetian Macao Resort Hotel ("The Venetian Macao"), The Londoner Macao, 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 Venetian Macao 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 Londoner Macao (previously Sands Cotai Central) is the Company's largest Integrated Resort on the Cotai Strip and is located across the street from The Venetian Macao, The Parisian Macao and The Plaza Macao and Four Seasons Hotel Macao. The Integrated Resort opened in phases beginning April 2012 and features four hotel towers. The first hotel tower includes (i) approximately 650 five-star rooms and suites under the Conrad brand and (ii) The Londoner Macao Hotel, which opened in January 2021, with 600 London-themed suites, including 14 exclusive Suites by David Beckham. The second hotel tower consists of approximately 1,800 rooms and suites under the Sheraton brand. The third hotel tower consists of approximately 2,100 rooms and suites under the Sheraton brand. The fourth hotel tower consists of approximately 400 rooms and suites under the St. Regis brand. Within The Londoner Macao, the Company also owns and currently operates approximately 351,000 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 Londoner Macao is the result of our previously announced renovation, expansion and rebranding of Sands Cotai Central as described below. The Parisian Macao is an Integrated Resort connected to The Venetian Macao and The Plaza Macao and Four Seasons Hotel Macao, which includes approximately 248,000 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 Plaza Macao and Four Seasons Hotel Macao features 360 rooms and suites managed and operated by FS Macau Lda. and is located adjacent and connected to The Venetian Macao. Within the Integrated Resort, the Plaza Casino features approximately 127,000 square feet of gaming space; 19 Paiza mansions; retail space of approximately 244,000 square feet, which is connected to the mall at The Venetian Macao; several food and beverage offerings; and conference, banquet and other facilities. The Grand Suites at Four Seasons opened in October 2020 and features 289 luxury suites. The Company initiated VIP gaming operations in this space in the first quarter of 2020. The Sands Macao, the first Las Vegas-style casino in Macao, offers approximately 212,000 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, 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 ("MSG") to bring a 400,000-square-foot venue built specifically for music and entertainment to Las Vegas. MSG 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 2023. 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 Construction work on the conversion of Sands Cotai Central into the new destination Integrated Resort, The Londoner Macao, is progressing. This project is being delivered in phases, which started in 2020 and will continue throughout 2021. Upon completion, The Londoner Macao will feature new attractions and features internally and externally from London, including some of London’s most recognizable landmarks, such as the Houses of Parliament and The Elizabeth Tower (commonly known as "Big Ben"). The Londoner Macao Hotel opened in January 2021 with approximately 600 London-themed suites, including 14 exclusive Suites by David Beckham. The resort will also feature the Londoner Court with approximately 370 luxury suites; construction of the Londoner Court is now complete and is expected to open in 2021. The Company's retail offerings will be expanded and rebranded as the Shoppes at Londoner. The Company anticipates the total costs associated with The Londoner Macao development projects described above and the recently completed The Grand Suites at Four Seasons to be approximately $2.2 billion. The ultimate costs and completion dates for The Londoner Macao development is subject to change as the Company completes the project. Singapore In April 2019, the Company's wholly owned subsidiary, Marina Bay Sands Pte. Ltd. ("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 “MBS Expansion Project”). The Second Development Agreement provides for a total project cost of approximately SGD 4.5 billion (approximately $3.4 billion at exchange rates in effect on December 31, 2020), 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 $130 million in capitalized construction costs (net of depreciation) as of December 31, 2020. Other

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2020
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Summary of Significant Accounting Policies Principles of Consolidation The consolidated financial statements include the accounts of the Company, its majority-owned subsidiaries and variable interest entities 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 is comprised of casino, hotel, mall and other receivables, which do not bear interest and are recorded at amortized 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. These 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. Accounts receivable primarily consists of casino receivables. Other than casino receivables, there is no other concentration of credit risk with respect to accounts receivable. The Company believes the concentration of its credit risk in casino receivables is mitigated substantially by its credit evaluation process, credit policies, credit control and collection procedures, and also believes there are no concentrations of credit risk for which a provision has not been established. Although management believes the provision 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, 2020, 2019 and 2018, the Company capitalized $21 million, $9 million and $3 million, respectively, of interest expense. During the years ended December 31, 2020, 2019 and 2018, the Company capitalized approximately $44 million, $34 million and $31 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. Due to travel restrictions resulting from the COVID-19 Pandemic, the Company temporarily extended the redemption period of these points for patrons not able or willing to visit its properties located in Macao and Singapore. The required redemption period is expected to be reinstated during 2021. 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) 2020 2019 2020 2019 2020 2019 (In millions) Balance at January 1 $ 540 $ 551 $ 68 $ 66 $ 724 $ 827 Balance at December 31 211 540 68 68 751 724 Increase (decrease) $ (329) $ (11) $ — $ 2 $ 27 $ (103) ____________________ (1) Of this amount, $152 million, $154 million and $152 million as of December 31, 2020 and 2019 and January 1, 2019, 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 $834 million, $3.98 billion and $4.09 billion for the years ended December 31, 2020, 2019 and 2018, 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 $42 million, $123 million and $132 million for the years ended December 31, 2020, 2019 and 2018, 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 (loss). 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 (Loss) and Accumulated Other Comprehensive Income (Loss) Comprehensive income (loss) includes net income (loss) and all other non-stockholder changes in equity, or other comprehensive income (loss). The balance of accumulated other comprehensive income (loss) consisted solely of foreign currency translation adjustments. Earnings (Loss) Per Share The weighted average number of common and common equivalent shares used in the calculation of basic and diluted earnings (loss) per share consisted of the following: Year Ended December 31, 2020 2019 2018 (In millions) Weighted average common shares outstanding (used in the calculation of basic earnings (loss) per share) 764 771 786 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 (loss) per share) 764 771 786 Antidilutive stock options excluded from the calculation of diluted earnings (loss) per share 9 3 2 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 15 — 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. 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 2023, 2025 and 2028 SCL Senior Notes. These IR Swaps had a total notional value of $5.50 billion and expired in August 2020. During the years ended December 31, 2020, 2019 and 2018, the Company recorded $53 million, $23 million and $9 million, respectively, as a reduction to interest expense related to the realized amount associated with the IR Swaps. Recent Accounting Pronouncements On January 1, 2020, the Company adopted the guidance under the accounting standard update (“ASU”) 2016-13 issued in June 2016 by the Financial Accounting Standards Board (“FASB”). The ASU revised the methodology for measuring credit losses on financial instruments and the timing of when such losses are recorded. The adoption, which was applied on a modified retrospective basis, did not have a material impact on the Company’s financial condition and results of operations and therefore did not result in an adjustment to retained earnings as of January 1, 2020.

Accounts Receivable, Net

Accounts Receivable, Net	12 Months Ended
	Dec. 31, 2020
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, 2020 2019 (In millions) Casino $ 527 $ 858 Rooms 15 88 Mall 49 93 Other 61 87 652 1,126 Less — provision for credit losses (314) (282) $ 338 $ 844 The following table shows the movement in the provision for credit losses recognized for accounts receivable that occurred during the period: December 31, 2020 2019 (In millions) Balance at beginning of year $ 282 $ 324 Current period provision for credit losses 99 30 Write-offs (70) (74) Recoveries of receivables previously written-off — 1 Exchange rate impact 3 1 Balance at end of period $ 314 $ 282

Property and Equipment, Net

Property and Equipment, Net	12 Months Ended
	Dec. 31, 2020
Property, Plant and Equipment [Abstract]
Property and Equipment, Net	Property and Equipment, Net Property and equipment consists of the following: December 31, 2020 2019 (In millions) Land and improvements $ 637 $ 650 Building and improvements 18,014 17,662 Furniture, fixtures, equipment and leasehold improvements 4,843 4,520 Transportation 525 520 Construction in progress 2,074 1,507 26,093 24,859 Less — accumulated depreciation and amortization (10,984) (10,015) $ 15,109 $ 14,844 The property and equipment sold to GGP totaling $179 million (net of $119 million of accumulated depreciation) as of December 31, 2020, 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 12 — Mall Activities — The Shoppes at The Palazzo." During the year ended December 31, 2020, the Company recognized a loss on disposal or impairment of assets of $80 million, consisting primarily of $56 million for asset write-offs and demolition costs related to the Londoner Macao. During the years ended December 31, 2019 and 2018, the Company recognized a loss on disposal or impairment of assets of $90 million and $150 million, respectively, primarily consisting of a $65 million due to the ferry impairment charge as a result of the decline in passenger volume and $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, respectively.

Leasehold Interests in Land, Ne

Leasehold Interests in Land, Net	12 Months Ended
	Dec. 31, 2020
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, 2020 2019 (In millions) Marina Bay Sands $ 2,024 $ 1,986 The Londoner Macao 295 293 The Venetian Macao 242 242 The Plaza Macao and Four Seasons Hotel Macao 106 106 The Parisian Macao 89 89 Sands Macao 37 38 2,793 2,754 Less — accumulated amortization (537) (482) $ 2,256 $ 2,272 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 $55 million, $51 million and $35 million was included in amortization of leasehold interests in land expense for the years ended December 31, 2020, 2019 and 2018, respectively. The estimated future amortization expense over the expected term of the lease is approximately $53 million for each of the five years in the period ending December 31, 2025 and $2.18 billion thereafter at exchange rates in effect on December 31, 2020. 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, The Londoner Macao 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 13 — 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 prepay the premiums for each parcel. In April 2019, and in connection with the Second Development Agreement, MBS paid $963 million for the additional land concession in connection with the MBS Expansion Project.

Intangible Assets, Net

Intangible Assets, Net	12 Months Ended
	Dec. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
Intangible Assets, Net	Intangible Assets, Net Intangible assets consist of the following: December 31, 2020 2019 (In millions) Marina Bay Sands gaming license $ 55 $ 53 Trademarks and other 1 1 56 54 Less — accumulated amortization (31) (12) Total intangible assets, net $ 25 $ 42 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 Amortization expense was $17 million, $17 million and $16 million for the years ended December 31, 2020, 2019 and 2018, respectively. The estimated future amortization expense is approximately $18 million and $6 million for the years ending December 31, 2021 and 2022, respectively.

Other Accrued Liabilities

Other Accrued Liabilities	12 Months Ended
	Dec. 31, 2020
Payables and Accruals [Abstract]
Other Accrued Liabilities	Other Accrued Liabilities Other accrued liabilities consist of the following: December 31, 2020 2019 (In millions) Customer deposits $ 614 $ 582 Outstanding chip liability 211 540 Payroll and related 205 378 Accrued interest payable 179 165 Taxes and licenses 155 389 Other accruals 342 342 $ 1,706 $ 2,396

Long-Term Debt

Long-Term Debt	12 Months Ended
	Dec. 31, 2020
Debt Disclosure [Abstract]
Long-Term Debt	Long-Term Debt Long-term debt consists of the following: December 31, 2020 2019 (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 $11 and $14, respectively) $ 1,739 $ 1,736 2.900% Senior Notes due 2025 (net of unamortized original issue discount and deferred financing costs of $4 and $5, respectively) 496 495 3.500% Senior Notes due 2026 (net of unamortized original issue discount and deferred financing costs of $10 and $12, respectively) 990 988 3.900% Senior Notes due 2029 (net of unamortized original issue discount and deferred financing costs of $8) 742 742 Other 3 — Macao Related (1) : 4.600% Senior Notes due 2023 (net of unamortized original issue discount and deferred financing costs of $9 and $11, respectively, and a positive cumulative fair value adjustment of $11 for 2019) 1,791 1,800 5.125% Senior Notes due 2025 (net of unamortized original issue discount and deferred financing costs of $11 and $13, and a positive cumulative fair value adjustment of $11 for 2019) 1,789 1,798 3.800% Senior Notes due 2026 (net of unamortized original issue discount and deferred financing costs of $8) 792 — 5.400% Senior Notes due 2028 (net of unamortized original issue discount and deferred financing costs of $16 and $19, respectively, and a positive cumulative fair value adjustment of $12 for 2019) 1,884 1,893 4.375% Senior Notes due 2030 (net of unamortized original issue discount and deferred financing costs of $10) 690 — Other 21 17 Singapore Related (1) : 2012 Singapore Credit Facility — Term (net of unamortized deferred financing costs of $50 and $54, respectively) 3,023 3,023 2012 Singapore Delayed Draw Term Facility (net of unamortized deferred financing costs of $1) 46 — Other 1 — 14,007 12,492 Less — current maturities (76) (70) Total long-term debt $ 13,931 $ 12,422 ____________________ (1) Unamortized deferred financing costs of $91 million and $100 million as of December 31, 2020 and 2019, 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, 2020, 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, 2020, 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, 2020, 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 4.0x 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. On September 23, 2020, LVSC entered into an amendment agreement (the "Amendment") with lenders to the LVSC Revolving Credit Agreement. Pursuant to the Amendment, the LVSC Revolving Credit Agreement was amended to (a) remove the requirement to maintain a maximum consolidated leverage ratio of 4.0x as of the last day of any fiscal quarter of LVSC during the period commencing on October 31, 2020, through and including December 31, 2021 (such period, the “Relevant Period”); (b) include a requirement for LVSC to maintain a minimum liquidity of $350 million as of the last day of each month during the Relevant Period; and (c) include a limitation on LVSC’s ability to declare or pay any dividend or other distribution during the period commencing on the closing date of the amendment, through and including December 31, 2021, unless liquidity is greater than $1.0 billion on a pro forma basis after giving effect to such dividend or distribution. Pursuant to the Amendment, LVSC agreed to pay a customary fee to the lenders that consented. 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% and 3.9% for the years ended December 31, 2019 and 2018, 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. 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 SCL Senior Notes"), $1.80 billion of 5.125% Senior Notes due August 8, 2025 (the "2025 SCL Senior Notes") and $1.90 billion of 5.400% Senior Notes due August 8, 2028 (the "2028 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 2023, 2025 or 2028 SCL Senior Notes and interest is payable semi-annually in arrears on each February 8 and August 8, commencing on February 8, 2019. On June 4, 2020, SCL issued, in a private offering, two series of senior unsecured notes in an aggregate principal amount of $1.50 billion, consisting of $800 million of 3.800% Senior Notes due January 8, 2026 (the “2026 SCL Senior Notes”) and $700 million of 4.375% Senior Notes due June 18, 2030 (the “2030 SCL Senior Notes” and together with the 2023 SCL Senior Notes, 2025 SCL Senior Notes, 2026 SCL Senior Notes and 2028 SCL Senior Notes, the "SCL Senior Notes"). The net proceeds from the offering were used for incremental liquidity and general corporate purposes. There are no interim principal payments on the 2026 or 2030 SCL Senior Notes and interest is payable semi-annually in arrears on January 8 and July 8, commencing on January 8, 2021, with respect to the 2026 SCL Senior Notes, and on June 18 and December 18, commencing on December 18, 2020, with respect to the 2030 SCL Senior Notes. The SCL Senior Notes are senior unsecured obligations of SCL. Each series of notes rank equally in right of payment with all of SCL’s existing and future senior unsecured debt and will rank senior in right of payment to all of SCL’s future subordinated debt, if any. The notes will be 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 will be structurally subordinated to all of the liabilities of SCL’s subsidiaries. None of SCL’s subsidiaries guarantee the notes. The 2023, 2025 and 2028 SCL Senior Notes were issued pursuant to an indenture, dated August 9, 2018 (the "SCL Indenture") and the 2026 and 2030 SCL Senior Notes were issued pursuant to an indenture, dated June 4, 2020 (the “2020 SCL Indenture”), between SCL and U.S. Bank National Association, as trustee. Upon the occurrence of certain events described in these indentures, the interest rate on the SCL senior notes may be adjusted. Both indentures contain 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 indentures also provide 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, 2020, the Company had $2.02 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, the London Interbank Offered Rate ("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 4.0x throughout the life of the facility and a minimum ratio of adjusted EBITDA to net interest expense (including capitalized interest) of 2.5x throughout the life of the facility. On March 27, 2020, SCL entered into a waiver and amendment request letter (the “Waiver Letter”) with respect to certain provisions of the 2018 SCL Credit Facility, pursuant to which lenders (a) waived the requirements for SCL to comply with the requirements that SCL ensure the maximum consolidated leverage ratio does not exceed 4.0x and minimum consolidated interest coverage ratio of 2.5x for any quarterly period ending during the period beginning on, and including, January 1, 2020 and ending on, and including, July 1, 2021 (the “SCL Relevant Period”) (other than with respect to the financial year ended on December 31, 2019); (b) waived any default that may arise as a result of any breach of said requirements during the SCL Relevant Period (other than with respect to the financial year ended on December 31, 2019); and (c) extended the period of time during which SCL may supply the agent with (i) its audited consolidated financial statements for the financial year ended on December 31, 2019, to April 30, 2020; and (ii) its audited consolidated financial statements for the financial year ending on December 31, 2020, to April 30, 2021. Pursuant to the Waiver Letter, SCL agreed to pay a customary fee to the lenders that consented. On September 11, 2020, SCL entered into a waiver extension and amendment request letter (the “Waiver Extension Letter”) with respect to certain provisions of the 2018 SCL Credit Facility, pursuant to which lenders agreed to (a) extend the SCL Relevant Period such that it ends on, and includes, January 1, 2022 instead of July 1, 2021; and (b) amend and restate the 2018 SCL Credit Facility in the form attached to the Waiver Extension Letter, which contains the following amendments: (1) it provides SCL with the option to increase the total borrowing capacity by an aggregate amount of up to $1.0 billion; and (2) it imposes a restriction on the ability of SCL to declare or make any dividend payment or similar distribution at any time during the period from (and including) July 1, 2020 to (and including) January 1, 2022, if at such time (x) the total borrowing capacity exceeds $2.0 billion by operation of the increase referred to above; and (y) the maximum consolidated leverage ratio is greater than 4.0x, unless, after giving effect to such payment, the sum of (i) the aggregate amount of cash and cash equivalents of SCL on such date; and (ii) the aggregate amount of the undrawn facility under the 2018 SCL Credit Facility and unused commitments under other credit facilities of SCL is greater than $2.0 billion. Pursuant to the Waiver Extension Letter, SCL agreed to pay a customary fee to the lenders that consented. 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. On January 25, 2021, SCL entered into an agreement with lenders to increase commitments under the 2018 SCL Credit Facility by HKD 3.83 billion (approximately $494 million at exchange rates in effect on the date of this transaction). Subsequently, on January 29, 2021, SCL drew down $29 million and HKD 2.13 billion (approximately $274 million at exchange rates in effect on January 29, 2021) under this facility for general corporate purposes, resulting in remaining available borrowing capacity of $2.21 billion. 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% for the year ended December 31, 2018. 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, MBS entered into a SGD 5.10 billion (approximately $3.85 billion at exchange rates in effect on December 31, 2020) credit agreement (the "2012 Singapore Credit Facility"), providing for a fully funded SGD 4.60 billion (approximately $3.48 billion at exchange rates in effect on December 31, 2020) term loan (the "2012 Singapore Term Facility") and a SGD 500 million (approximately $378 million at exchange rates in effect on December 31, 2020) revolving facility (the "2012 Singapore Revolving Facility") that was available until November 25, 2017, which included a SGD 100 million (approximately $76 million at exchange rates in effect on December 31, 2020) 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, MBS 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, MBS amended its 2012 Singapore Credit Facility, which refinanced the facility in an aggregate amount of SGD 4.80 billion (approximately $3.63 billion at exchange rates in effect on December 31, 2020), 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 $189 million at exchange rates in effect on December 31, 2020) for a total aggregate principal amount of SGD 750 million (approximately $567 million at exchange rates in effect on December 31, 2020). As of December 31, 2020, MBS had SGD 592 million (approximately $448 million at exchange rates in effect on December 31, 2020) 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 $116 million at exchange rates in effect on December 31, 2020). 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 $2.83 billion at exchange rates in effect on December 31, 2020), 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. During the year ended December 31, 2020, MBS borrowed SGD 62 million (approximately $46 million at exchange rates in effect at the time of the transaction) under the Singapore Delayed Draw Term Facility. As of December 31, 2020, SGD 3.69 billion (approximately $2.79 billion at exchange rates in effect on December 31, 2020) remains available to be drawn under the Singapore Delayed Draw Term Facility. 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 2.0% as of December 31, 2020). 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 2.2%, 3.2% and 2.6% for the years ended December 31, 2020, 2019 and 2018. Under the Third Amendment and Restatement Agreement, MBS must comply with a maximum consolidated leverage ratio of 4.5x 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 4.0x as of the last day of each fiscal quarter through maturity. On June 18, 2020, MBS or the “Borrower,” entered into an amendment letter (the “Amendment Letter”) with DBS Bank Ltd. (“DBS”), as agent. The Amendment Letter amends the facility agreement originally dated as of June 25, 2012 (as amended, restated, amended and restated, supplemented and otherwise modified, the “Facility Agreement”), among the Borrower, the lenders party thereto, DBS, as the agent, and the other parties thereto. The Amendment Letter (a) modifies the financial covenant provisions under the Facility Agreement such that the Borrower will not have to comply with the leverage or interest coverage covenants for the financial quarters ending, and including, September 30, 2020 through, and including, December 31, 2021 (the “Waiver Period”); (b) extends to June 30, 2021, the deadline for delivering the construction costs estimate and the construction schedule for the MBS Expansion Project; and (c) permits the Borrower to make dividend payments during the Waiver Period of (i) an unlimited amount if the ratio of its debt to consolidated adjusted EBITDA is lower than or equal to 4.25x and (ii) up to SGD 500 million per fiscal year if the ratio of its debt to consolidated adjusted EBITDA is higher than 4.25x, subject to the additional requirements that (a) the aggregate amount of the Borrower’s cash plus Facility B availability is greater than or equal to SGD 800 million immediately following such dividend payment and (b) the Borrower’s interest coverage ratio is higher than 3.0x. Pursuant to the Amendment Letter, MBS agreed to pay a customary fee to the lenders that consented thereto. Debt Covenant Compliance As of December 31, 2020, 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, 2020 2019 2018 (In millions) Proceeds from 2026 and 2030 SCL Senior Notes $ 1,496 $ — $ — Proceeds from 2018 SCL Credit Facility 403 — — Proceeds from 2012 Singapore Credit Facility - Delayed Draw Term 46 — — Proceeds from LVSC Senior Notes — 4,000 — Proceeds from 2023, 2025 and 2028 SCL Senior Notes — — 5,500 Proceeds from 2013 U.S. Credit Facility — — 1,347 Proceeds from 2016 VML Credit Facility — — 746 $ 1,945 $ 4,000 $ 7,593 Repayments on 2018 SCL Credit Facility $ (404) $ — $ — Repayments on 2012 Singapore Credit Facility (60) (47) (65) Repayments on 2013 U.S. Credit Facility — (3,484) (26) Repayments on 2016 VML Credit Facility — — (5,083) Repayments on HVAC Equipment Lease and Other Long-Term Debt (3) (5) (4) $ (467) $ (3,536) $ (5,178) Scheduled Maturities of Long-Term Debt Maturities of long-term debt outstanding as of December 31, 2020, are summarized as follows: Long-term (In millions) 2021 $ 63 2022 63 2023 1,863 2024 1,892 2025 3,356 Thereafter 6,883 Total $ 14,120 Fair Value of Long-Term Debt The estimated fair value of the Company's long-term debt as of December 31, 2020 and 2019, was approximately $15.15 billion and $13.21 billion, respectively, compared to its contractual value of $14.12 billion and $12.58 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).

Equity

Equity	12 Months Ended
	Dec. 31, 2020
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 In April 2020, the Company suspended the quarterly dividend program due to the impact of the COVID-19 Pandemic. On March 26, 2020, the Company paid a dividend of $0.79 per common share as part of a regular cash dividend program. During the year ended December 31, 2020, the Company recorded $603 million as a distribution against retained earnings (of which $342 million related to Mr. Adelson (the "Principal Stockholder") and his family and the remaining $261 million related to all other stockholders). 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). Share Repurchases In June 2018, the Company's Board of Directors authorized the repurchase of $2.50 billion of its outstanding common stock, which was to expire in November 2020. In October 2020, the Company's Board of Directors authorized the extension of the expiration date of the remaining repurchase amount of $916 million to November 2022. 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 year ended December 31, 2020, no shares of its common stock were repurchased. During the years ended December 31, 2019 and 2018, the Company repurchased 12,556,635 and 14,998,127 shares, respectively, of its common stock for $754 million and $905 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 year ended December 31, 2019, the Company repurchased 1,927 shares, 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, 2018 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 Exercise of stock options 342,700 Issuance of restricted stock 17,512 Forfeiture of unvested restricted stock (2,189) Balance as of December 31, 2020 763,842,938 Noncontrolling Interests SCL On April 17, 2020, SCL announced it will not pay a final dividend for 2019 due to the impact of the COVID-19 Pandemic. On February 21, 2020, SCL paid a dividend of 0.99 HKD to SCL stockholders (a total of $1.03 billion, of which the Company retained $717 million during the year ended December 31, 2020). On February 22 and June 21, 2019, SCL paid a dividend of HKD 0.99 and HKD 1.00 per share, respectively, to SCL stockholders (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 stockholders (a total of $2.05 billion, of which the Company retained $1.44 billion during the year ended December 31, 2018). Other During the years ended December 31, 2019 and 2018, the Company distributed $17 million and $12 million, respectively, to certain of its noncontrolling interests. Of the amount distributed during the year ended December 31, 2019, $11 million related to payments to the Company's minority interest partners to purchase their interests in connection with the sale of Sands Casino Resort Bethlehem ("Sands Bethlehem").

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2020
Income Tax Disclosure [Abstract]
Income Taxes	Note 10 — Income Taxes Consolidated income (loss) before taxes and noncontrolling interests for domestic and foreign operations is as follows: Year Ended December 31, 2020 2019 2018 (In millions) Foreign $ (1,614) $ 3,145 $ 3,164 Domestic (567) 627 162 Total income (loss) before income taxes $ (2,181) $ 3,772 $ 3,326 The components of the income tax expense (benefit) are as follows: Year Ended December 31, 2020 2019 2018 (In millions) Foreign: Current $ 7 $ 245 $ 245 Deferred 3 (10) (12) Federal: Current (11) 33 15 Deferred (35) 145 135 State: Current (2) 33 2 Deferred — 22 (10) Total income tax expense (benefit) $ (38) $ 468 $ 375 The reconciliation of the statutory federal income tax rate and the Company's effective tax rate is as follows: Year Ended December 31, 2020 2019 2018 Statutory federal income tax rate (21.0) % 21.0 % 21.0 % Increase (decrease) in tax rate resulting from: Change in valuation allowance 9.8 % 2.7 % 4.5 % Foreign and U.S. tax rate differential 6.7 % (5.6) % (6.5) % Tax exempt (income) loss of foreign subsidiary 2.1 % (8.0) % (8.3) % Other, net 0.7 % 2.3 % 0.6 % Effective tax rate (1.7) % 12.4 % 11.3 % 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 and $184 million, and diluted earnings per share would have been reduced by $0.26 and $0.23 per share for the years ended December 31, 2019 and 2018, respectively. The VML gaming losses incurred during 2020 did not generate a tax benefit because they are not subject to tax. This results in an increase in the Company’s overall effective tax rate. 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, 2020) 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 the U.S. tax rate of 21% is 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. During the year ended December 31, 2018, the Company recorded a tax expense of $57 million resulting from 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, 2020 2019 (In millions) Deferred tax assets: U.S. foreign tax credit carryforwards $ 4,812 $ 4,791 Net operating loss carryforwards 466 283 Stock-based compensation 16 15 Provision for credit losses 14 14 Deferred gain on mall sale transactions 12 13 Accrued expenses 10 23 Pre-opening expenses 7 9 Other — 1 5,337 5,149 Less — valuation allowances (4,922) (4,786) Total deferred tax assets 415 363 Deferred tax liabilities: Property and equipment (274) (251) Prepaid expenses (4) (5) Other (7) (8) Total deferred tax liabilities (285) (264) Deferred tax assets, net $ 130 $ 99 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 $4.87 billion and $4.84 billion as of December 31, 2020 and 2019, respectively, which will begin to expire in 2022. There was a valuation allowance of $4.58 billion and $4.51 billion as of December 31, 2020 and 2019, 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. The Company’s U.S. net operating loss carryforward was $568 million as of December 31, 2020, which does not have an expiration date. Net operating loss carryforwards for the Company's foreign subsidiaries were $2.84 billion and $2.31 billion as of December 31, 2020 and 2019, respectively, which began to expire in 2021. There are valuation allowances of $342 million and $279 million as of December 31, 2020 and 2019, 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, 2020, the amount of earnings and profits of foreign subsidiaries the Company does not intend to repatriate was $2.58 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, 2020 2019 2018 (In millions) Balance at the beginning of the year $ 134 $ 118 $ 92 Additions to tax positions related to prior years — 1 2 Reductions to tax positions related to prior years (14) — — Additions to tax positions related to current year 11 15 24 Balance at the end of the year $ 131 $ 134 $ 118 As of December 31, 2020, 2019 and 2018, unrecognized tax benefits of $60 million, $53 million and $67 million, respectively, were recorded as reductions to the U.S. foreign tax credit deferred tax asset. As of December 31, 2020, 2019 and 2018, unrecognized tax benefits of $71 million, $81 million and $51 million, respectively, were recorded in other long-term liabilities. Included in the unrecognized tax benefit balance as of December 31, 2020, 2019 and 2018, are $123 million, $115 million and $103 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 in 2016 in Macao and Singapore and tax years 2010 through 2015 and 2017 through 2019 in the U.S. The Company believes it has adequately reserved and provided 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 $7 million, $5 million and $3 million were accrued as of December 31, 2020, 2019 and 2018, 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, 2020
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 $726 million and $2.26 billion as of December 31, 2020 and 2019, 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, 2020
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, 2020, 2019 and 2018, $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, 2020, 2019 and 2018, $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, $224 million of the mall sale transaction has been recorded as deferred proceeds from the sale as of December 31, 2020, 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, 2020
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 these 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"): December 31, Leases Classification on the Balance Sheet 2020 2019 (In millions) Assets Operating lease ROU assets Other assets, net $ 178 $ 190 Finance lease ROU assets Property and equipment, net (1) $ 18 $ 17 Liabilities Current Operating Other accrued liabilities $ 29 $ 28 Finance Current maturities of long-term debt $ 13 $ 8 Noncurrent Operating Other long-term liabilities $ 294 $ 305 Finance Long-term debt $ 12 $ 9 ____________________ (1) Finance lease ROU assets are recorded net of accumulated depreciation of $13 million and $6 million as of December 31, 2020 and 2019, respectively. Other information related to lease term and discount rate is as follows: December 31, 2020 2019 Weighted Average Remaining Lease Term Operating leases 31.4 years 31.6 years Finance leases 2.3 years 2.3 years Weighted Average Discount Rate Operating leases (1) 4.6 % 4.6 % Finance leases 3.0 % 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: December 31, 2020 2019 (In millions) Operating lease cost: Amortization of leasehold interests in land $ 55 $ 51 Operating lease cost 30 34 Short-term lease cost 10 19 Variable lease cost (1) (1) 5 Finance lease cost: Amortization of ROU assets 9 5 Interest on lease liabilities 1 1 Total lease cost $ 104 $ 115 ____________________ (1) Lease concessions were received for the year ended December 31, 2020, as a result of the COVID-19 Pandemic. As of December 31, 2020, the Company has short-term lease commitments of $44 million. 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 for the year ended December 31, 2018. Supplemental cash flow information related to leases is as follows: December 31, 2020 2019 (In millions) Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows for operating leases $ 35 $ 40 Operating cash flows for finance leases $ — $ 1 Financing cash flows for finance leases $ 3 $ 5 Right-of-use assets obtained in exchange for lease liabilities: Operating leases $ 10 $ 14 Finance leases $ 24 $ 17 Maturities of lease liabilities are summarized as follows: Operating Leases Finance Leases (In millions) Year ending December 31, 2021 $ 36 $ 14 2022 30 8 2023 24 3 2024 24 1 2025 22 — Thereafter 514 — Total future minimum lease payments 650 26 Less — amount representing interest (327) (1) Present value of future minimum lease payments 323 25 Less — current lease obligations (29) (13) Long-term lease obligations $ 294 $ 12 Lessor The Company leases space at several of its Integrated Resorts to various third parties as part of its mall operations that are recorded within mall revenues, as well as restaurant and retail 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, 2020 2019 Mall Other Mall Other (In millions) Minimum rents $ 523 $ 8 $ 518 $ 15 Overage rents 39 1 98 2 Rent concessions (1) (272) (2) — — Total overage rents and rent concessions (233) (1) 98 2 $ 290 $ 7 $ 616 $ 17 ___________________ (1) Rent concessions were provided for the periods presented to tenants as a result of the COVID-19 Pandemic and the impact on mall and other operations. Overage rents amounted to $88 million for the year ended December 31, 2018. Future minimum rentals (excluding the escalated contingent rent clauses) on non-cancelable leases are as follows: Mall Other (In millions) Year ending December 31, 2021 $ 466 $ 9 2022 361 6 2023 277 5 2024 213 3 2025 160 2 Thereafter 463 3 Total minimum future rentals $ 1,940 $ 28 The cost and accumulated depreciation of property and equipment the Company is leasing to third parties is as follows: December 31, 2020 2019 (In millions) Property and equipment, at cost $ 1,405 $ 1,320 Accumulated depreciation (578) (532) Property and equipment, net $ 827 $ 788

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 31, 2020
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 $376 million at exchange rates in effect on December 31, 2020). 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 $12.08 billion at exchange rates in effect on December 31, 2020), 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 it would reconsider the U.S. Defendants’ motion to revoke legal aid and, as part of that reconsideration, it would reanalyze portions of the record, seek an opinion from the Macao 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 Macao Judicial Court denied the motion to revoke legal aid on January 14, 2020. 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 before the Macao Second Instance Court. On June 18, 2020, the U.S. Defendants moved to reschedule the trial, which had been scheduled to begin on September 16, 2020, due to travel disruptions and other extraordinary circumstances resulting from the ongoing COVID-19 Pandemic. The Macao Judicial Court granted that motion and rescheduled the trial to begin on June 16, 2021. 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. The Daniels Family 2001 Revocable Trust v. LVSC, et al. On October 22, 2020, The Daniels Family 2001 Revocable Trust, a putative purchaser of the Company’s shares, filed a purported class action complaint in the U.S. District Court against LVSC, Sheldon G. Adelson and Patrick Dumont. The complaint asserts violations of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the “Exchange Act”) and alleges that LVSC made materially false or misleading statements, or failed to disclose material facts, from February 27, 2016 through September 15, 2020, with respect to its operations at the Marina Bay Sands, its compliance with Singapore laws and regulations, and its disclosure controls and procedures. On January 5, 2021, the U.S. District Court entered an order appointing Carl S. Ciaccio and Donald M. DeSalvo as co-lead plaintiffs. Pursuant to a scheduling order entered by the U.S. District Court, the plaintiffs anticipate filing an amended complaint on or before March 8, 2021. The Company anticipates bringing a motion to dismiss the amended complaint on or before May 7, 2021. All briefing on the motion to dismiss is scheduled to be completed by August 5, 2021. This 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. Turesky v. Sheldon G. Adelson, et al. On December 28, 2020, Andrew Turesky filed a putative shareholder derivative action on behalf of the Company in the U.S. District Court, against Sheldon G. Adelson, Patrick Dumont, Robert G. Goldstein, Irwin Chafetz, Micheline Chau, Charles D. Forman, Steven L. Gerard, George Jamieson, Charles A. Koppelman, Lewis Kramer and David F. Levi, all of whom are current or former directors and/or officers of LVSC. The complaint asserts claims for breach of fiduciary duty, unjust enrichment, waste of corporate assets, abuse of control, gross mismanagement, violations of Sections 10(b), 14(a) and 20(a) of the Exchange Act and for contribution under Sections 10(b) and 21D of the Exchange Act. The Company’s response to the complaint is currently due on or before February 24, 2021. This 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. 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, 2020). 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 $37,570, $18,785 and $125, respectively, at exchange rates in effect on December 31, 2020), subject to a minimum of 45 million patacas (approximately $6 million at exchange rates in effect on December 31, 2020). 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

Stock-Based Employee Compensati

Stock-Based Employee Compensation	12 Months Ended
	Dec. 31, 2020
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, 2020, there were 8,998,486 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 ten 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, 2020, 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 Under the SCL 2009 Equity Plan and the SCL 2019 Equity Plan, SCL granted restricted share units to eligible employees. Such restricted share units vest over three to four years. 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, 2020 2019 2018 LVSC Amended 2004 Plan: Weighted average volatility 23.8 % 24.1 % 25.8 % Expected term (in years) 5.5 5.5 6.7 Risk-free rate 1.3 % 2.1 % 2.9 % Expected dividend yield 4.6 % 5.2 % 5.7 % SCL Equity Plan: Weighted average volatility — % 36.9 % 36.0 % Expected term (in years) — 4.8 4.7 Risk-free rate — % 1.7 % 1.7 % Expected dividend yield — % 5.0 % 5.8 % A summary of the stock option activity for the Company's equity award plans for the year ended December 31, 2020, is presented below: Shares Weighted Weighted Aggregate LVSC Amended 2004 Plan: Outstanding as of January 1, 2020 8,515,855 $ 56.33 Granted 875,474 64.82 Exercised (342,700) 51.25 Forfeited or expired (111,363) 72.44 Outstanding as of December 31, 2020 8,937,266 $ 57.16 6.61 $ 38 Exercisable as of December 31, 2020 4,597,701 $ 58.52 5.14 $ 14 SCL Equity Plan: Outstanding as of January 1, 2020 64,874,150 $ 4.99 Granted — — Exercised (1,766,550) 3.41 Forfeited or expired (8,689,800) 5.51 Outstanding as of December 31, 2020 54,417,800 $ 4.96 6.53 $ 9 Exercisable as of December 31, 2020 32,903,000 $ 4.85 5.77 $ 9 A summary of the unvested restricted stock and restricted stock units under the Company's equity award plans for the year ended December 31, 2020, is presented below: Shares Weighted LVSC Amended 2004 Plan: Unvested Restricted Stock Balance as of January 1, 2020 19,337 $ 60.00 Granted 17,512 45.68 Vested (19,337) 60.00 Forfeited (2,189) 45.68 Balance as of December 31, 2020 15,323 $ 45.68 SCL Equity Plan: Unvested Restricted Stock Units Balance as of January 1, 2020 1,407,200 $ 4.99 Granted 2,337,200 4.11 Vested (244,500) 4.09 Forfeited (137,200) 4.97 Balance as of December 31, 2020 3,362,700 $ 4.44 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 $3 million as of December 31, 2020. As of December 31, 2020, under the Amended 2004 Plan there was $18 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 2.4 years. As of December 31, 2020, under the SCL Equity Plan there was $14 million and $9 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 1.9 years. The stock-based compensation activity for the Amended 2004 Plan and SCL Equity Plan is as follows for the three years ended December 31, 2020: Year Ended December 31, 2020 2019 2018 (Dollars in millions, except weighted average grant date fair values) Compensation expense: Stock options $ 21 $ 34 $ 29 Restricted stock and stock units 7 2 1 $ 28 $ 36 $ 30 Income tax benefit recognized in the consolidated statements of operations $ 2 $ 4 $ 4 Compensation cost capitalized as part of property and equipment $ 1 $ 1 $ 1 LVSC Amended 2004 Plan: Stock options granted 875,474 1,204,145 3,124,168 Weighted average grant date fair value $ 7.79 $ 7.23 $ 7.52 Restricted stock granted 17,512 11,039 10,296 Weighted average grant date fair value $ 45.68 $ 63.40 $ 77.68 Stock options exercised: Intrinsic value $ 5 $ 11 $ 16 Cash received $ 18 $ 26 $ 56 SCL 2019 Equity Plan: Stock options granted — 19,409,600 18,872,800 Weighted average grant date fair value $ — $ 1.03 $ 1.01 Restricted stock units granted 2,337,200 1,412,400 — Weighted average grant date fair value $ 4.11 $ 4.99 $ — Stock options exercised: Intrinsic value $ 2 $ 12 $ 12 Cash received $ 6 $ 28 $ 23

Related Party Transactions

Related Party Transactions	12 Months Ended
	Dec. 31, 2020
Related Party Transactions [Abstract]
Related Party Transactions	Related Party Transactions During the years ended December 31, 2020, 2019 and 2018, the Principal Stockholder and his family purchased certain services from the Company including lodging, banquet services and other goods and services for $1 million, $2 million and $3 million, respectively. For the years ended December 31, 2020, 2019 and 2018, the Company incurred $2 million, $3 million and $3 million, respectively, for food and beverage services, newspaper subscriptions and security support from entities in which the Principal Stockholder has an ownership interest. During the years ended December 31, 2020, 2019 and 2018, the Company incurred certain expenses of $5 million, $9 million and $6 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, 2020, 2019 and 2018, the Company charged the Principal Stockholder $18 million, $25 million and $20 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 $6 million and $3 million as of December 31, 2020 and 2019, respectively. Related party payables were approximately $1 million and $2 million as of December 31, 2020 and 2019, respectively.

Segment Information

Segment Information	12 Months Ended
	Dec. 31, 2020
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; The Londoner Macao; 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 MBS Expansion Project 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, 2020, 2019 and 2018, is as follows: Casino Rooms Food and Beverage Mall Convention, Retail and Other Net Revenues (In millions) Year Ended December 31, 2020 Macao: The Venetian Macao $ 531 $ 46 $ 14 $ 126 $ 21 $ 738 The Londoner Macao 192 42 17 38 8 297 The Parisian Macao 180 33 14 27 5 259 The Plaza Macao and Four Seasons Hotel Macao 159 17 9 79 1 265 Sands Macao 107 6 5 1 1 120 Ferry Operations and Other — — — — 28 28 1,169 144 59 271 64 1,707 Marina Bay Sands 872 136 97 112 44 1,261 Las Vegas Operating Properties 227 218 127 — 166 738 Intercompany eliminations (1) — — — (2) (92) (94) Total net revenues $ 2,268 $ 498 $ 283 $ 381 $ 182 $ 3,612 Year Ended December 31, 2019 Macao: The Venetian Macao $ 2,875 $ 222 $ 73 $ 254 $ 86 $ 3,510 The Londoner Macao 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 (2) 199 7 11 1 9 227 643 617 358 1 426 2,045 Intercompany eliminations (1) — — — (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 (In millions) Year Ended December 31, 2018 Macao: The Venetian Macao $ 2,829 $ 223 $ 81 $ 234 $ 107 $ 3,474 The Londoner Macao 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 (1) — — — (1) (246) (247) Total net revenues $ 9,819 $ 1,733 $ 865 $ 690 $ 622 $ 13,729 _________________________ (1) Intercompany eliminations include royalties and other intercompany services. (2) The Company completed the sale of Sands Bethlehem on May 31, 2019. Results of operations include Sands Bethlehem through May 30, 2019. Year Ended December 31, 2020 2019 2018 (In millions) Intersegment Revenues Macao: The Venetian Macao $ 4 $ 4 $ 4 The Londoner Macao 1 — — Ferry Operations and Other 19 27 25 24 31 29 Marina Bay Sands 4 4 9 Las Vegas Operating Properties 66 206 209 Total intersegment revenues $ 94 $ 241 $ 247 Year Ended December 31, 2020 2019 2018 (In millions) Adjusted Property EBITDA Macao: The Venetian Macao $ (53) $ 1,407 $ 1,378 The Londoner Macao (184) 726 759 The Parisian Macao (131) 544 484 The Plaza Macao and Four Seasons Hotel Macao 33 345 262 Sands Macao (76) 175 178 Ferry Operations and Other (20) (8) 18 (431) 3,189 3,079 Marina Bay Sands 383 1,661 1,690 United States: Las Vegas Operating Properties (124) 487 394 Sands Bethlehem (1) — 52 116 (124) 539 510 Consolidated adjusted property EBITDA (2) (172) 5,389 5,279 Other Operating Costs and Expenses Stock-based compensation (3) (16) (14) (12) Corporate (168) (313) (202) Pre-opening (19) (34) (6) Development (18) (24) (12) Depreciation and amortization (1,160) (1,165) (1,111) Amortization of leasehold interests in land (55) (51) (35) Loss on disposal or impairment of assets (80) (90) (150) Operating income (loss) (1,688) 3,698 3,751 Other Non-Operating Costs and Expenses Interest income 21 74 59 Interest expense, net of amounts capitalized (536) (555) (446) Other income 22 23 26 Gain on sale of Sands Bethlehem — 556 — Loss on modification or early retirement of debt — (24) (64) Income tax (expense) benefit 38 (468) (375) Net income (loss) $ (2,143) $ 3,304 $ 2,951 _________________________ (1) The Company completed the sale of Sands Bethlehem on May 31, 2019. 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, 2020, 2019 and 2018, the Company recorded stock-based compensation expense of $28 million, $36 million and $30 million, respectively, of which $12 million, $22 million and $18 million, respectively, was included in corporate expense in the accompanying consolidated statements of operations. Year Ended December 31, 2020 2019 2018 (In millions) Capital Expenditures Corporate and Other $ 5 $ 59 $ 81 Macao: The Venetian Macao 140 131 180 The Londoner Macao 739 282 131 The Parisian Macao 11 32 131 The Plaza Macao and Four Seasons Hotel Macao 157 298 63 Sands Macao 9 16 29 Ferry Operations and Other 2 3 1 1,058 762 535 Marina Bay Sands 164 195 182 United States: Las Vegas Operating Properties 103 198 127 Sands Bethlehem (1) — 2 24 103 200 151 Total capital expenditures $ 1,330 $ 1,216 $ 949 _________________________ (1) The Company completed the sale of Sands Bethlehem on May 31, 2019. Results of operations include Sands Bethlehem through May 30, 2019. December 31, 2020 2019 2018 (In millions) Total Assets Corporate and Other $ 839 $ 1,390 $ 1,296 Macao: The Venetian Macao 2,446 3,243 3,403 The Londoner Macao 4,298 4,504 4,295 The Parisian Macao 2,119 2,351 2,455 The Plaza Macao and Four Seasons Hotel Macao 1,203 1,239 883 Sands Macao 320 324 322 Ferry Operations and Other 141 156 259 10,527 11,817 11,617 Marina Bay Sands 5,592 5,880 4,674 United States: Las Vegas Operating Properties 3,849 4,112 4,321 Sands Bethlehem (1) — — 639 3,849 4,112 4,960 Total assets $ 20,807 $ 23,199 $ 22,547 _________________________ (1) The Company completed the sale of Sands Bethlehem on May 31, 2019. December 31, 2020 2019 2018 (In millions) Total Long-Lived Assets (1) Corporate and Other $ 308 $ 311 $ 281 Macao: The Venetian Macao 1,705 1,740 1,750 The Londoner Macao 4,162 3,591 3,414 The Parisian Macao 2,067 2,203 2,317 The Plaza Macao and Four Seasons Hotel Macao 1,135 1,112 772 Sands Macao 218 237 229 Ferry Operations and Other 73 54 130 9,360 8,937 8,612 Marina Bay Sands 4,989 5,063 4,148 United States: Las Vegas Operating Properties 2,708 2,805 2,762 Sands Bethlehem (2) — — 549 2,708 2,805 3,311 Total long-lived assets $ 17,365 $ 17,116 $ 16,352 _________________________ (1) Long-lived assets include property and equipment, net of accumulated depreciation and amortization, and leasehold interests in land, net of accumulated amortization.

Selected Quarterly Financial Re

Selected Quarterly Financial Results (Unaudited)	12 Months Ended
	Dec. 31, 2020
Quarterly Financial Information Disclosure [Abstract]
Selected Quarterly Financial Results (Unaudited)	Selected Quarterly Financial Results (Unaudited) Quarter First Second Third Fourth Total (In millions, except per share data) 2020 Net revenues $ 1,782 $ 98 $ 586 $ 1,146 $ 3,612 Operating income (loss) 55 (922) (610) (211) (1,688) Net loss (51) (985) (731) (376) (2,143) Net loss attributable to Las Vegas Sands Corp. (1) (820) (565) (299) (1,685) Basic loss per share — (1.07) (0.74) (0.39) (2.21) Diluted loss per share — (1.07) (0.74) (0.39) (2.21) 2019 Net revenues $ 3,646 $ 3,334 $ 3,250 $ 3,509 $ 13,739 Operating income 971 894 899 934 3,698 Net income (1) 744 1,108 669 783 3,304 Net income attributable to Las Vegas Sands Corp. (1) 582 954 533 629 2,698 Basic earnings per share (1) 0.75 1.24 0.69 0.82 3.50 Diluted earnings per share (1) 0.75 1.24 0.69 0.82 3.50 ________________________ (1) 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, 2020
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, 2020, December 31, 2019 and December 31, 2018 Description Balance at Provision Write-offs, Balance (In millions) Provision for credit losses: 2018 $ 442 5 (123) $ 324 2019 $ 324 30 (72) $ 282 2020 $ 282 99 (67) $ 314 Description Balance at Additions Deductions Balance (In millions) Deferred income tax asset valuation allowance: 2018 $ 4,690 105 (26) $ 4,769 2019 $ 4,769 29 (12) $ 4,786 2020 $ 4,786 138 (2) $ 4,922

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2020
Accounting Policies [Abstract]
Principles of Consolidation	Principles of Consolidation The consolidated financial statements include the accounts of the Company, its majority-owned subsidiaries and variable interest entities 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 is comprised of casino, hotel, mall and other receivables, which do not bear interest and are recorded at amortized 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. These 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. Accounts receivable primarily consists of casino receivables. Other than casino receivables, there is no other concentration of credit risk with respect to accounts receivable. The Company believes the concentration of its credit risk in casino receivables is mitigated substantially by its credit evaluation process, credit policies, credit control and collection procedures, and also believes there are no concentrations of credit risk for which a provision has not been established. Although management believes the provision 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 CostsInterest 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.
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. Due to travel restrictions resulting from the COVID-19 Pandemic, the Company temporarily extended the redemption period of these points for patrons not able or willing to visit its
Gaming Taxes	Gaming TaxesThe 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.
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 CostsCosts for advertising are expensed the first time the advertising takes place or as incurred.
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 (loss). 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 (Loss) and Accumulated Other Comprehensive Income (Loss)	Comprehensive Income (Loss) and Accumulated Other Comprehensive Income (Loss) Comprehensive income (loss) includes net income (loss) and all other non-stockholder changes in equity, or other comprehensive income (loss). The balance of accumulated other comprehensive income (loss) consisted solely of foreign currency translation adjustments.
Earnings (Loss) Per Share	Earnings (Loss) Per Share The weighted average number of common and common equivalent shares used in the calculation of basic and diluted earnings (loss) per share consisted of the following: Year Ended December 31, 2020 2019 2018 (In millions) Weighted average common shares outstanding (used in the calculation of basic earnings (loss) per share) 764 771 786 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 (loss) per share) 764 771 786 Antidilutive stock options excluded from the calculation of diluted earnings (loss) per share 9 3 2
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 15 — 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.
Recent Accounting Pronouncements	Recent Accounting Pronouncements On January 1, 2020, the Company adopted the guidance under the accounting standard update (“ASU”) 2016-13 issued in June 2016 by the Financial Accounting Standards Board (“FASB”). The ASU revised the methodology for measuring credit losses on financial instruments and the timing of when such losses are recorded. The adoption, which was applied on a modified retrospective basis, did not have a material impact on the Company’s financial condition and results of operations and therefore did not result in an adjustment to retained earnings as of January 1, 2020.

Fair Value Measurements Fair Va

Fair Value Measurements Fair Value Measurements (Policies)	12 Months Ended
	Dec. 31, 2020
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, 2020
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) 2020 2019 2020 2019 2020 2019 (In millions) Balance at January 1 $ 540 $ 551 $ 68 $ 66 $ 724 $ 827 Balance at December 31 211 540 68 68 751 724 Increase (decrease) $ (329) $ (11) $ — $ 2 $ 27 $ (103) ____________________ (1) Of this amount, $152 million, $154 million and $152 million as of December 31, 2020 and 2019 and January 1, 2019, 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 (Loss) Per Share	The weighted average number of common and common equivalent shares used in the calculation of basic and diluted earnings (loss) per share consisted of the following: Year Ended December 31, 2020 2019 2018 (In millions) Weighted average common shares outstanding (used in the calculation of basic earnings (loss) per share) 764 771 786 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 (loss) per share) 764 771 786 Antidilutive stock options excluded from the calculation of diluted earnings (loss) per share 9 3 2

Accounts Receivable, Net (Table

Accounts Receivable, Net (Tables)	12 Months Ended
	Dec. 31, 2020
Accounts, Notes, Loans and Financing Receivable, Gross, Allowance, and Net [Abstract]
Accounts Receivable	Accounts receivable consists of the following: December 31, 2020 2019 (In millions) Casino $ 527 $ 858 Rooms 15 88 Mall 49 93 Other 61 87 652 1,126 Less — provision for credit losses (314) (282) $ 338 $ 844
Accounts Receivable, Provision for Credit Losses	The following table shows the movement in the provision for credit losses recognized for accounts receivable that occurred during the period: December 31, 2020 2019 (In millions) Balance at beginning of year $ 282 $ 324 Current period provision for credit losses 99 30 Write-offs (70) (74) Recoveries of receivables previously written-off — 1 Exchange rate impact 3 1 Balance at end of period $ 314 $ 282

Property and Equipment, Net (Ta

Property and Equipment, Net (Tables)	12 Months Ended
	Dec. 31, 2020
Property, Plant and Equipment [Abstract]
Property and Equipment	Property and equipment consists of the following: December 31, 2020 2019 (In millions) Land and improvements $ 637 $ 650 Building and improvements 18,014 17,662 Furniture, fixtures, equipment and leasehold improvements 4,843 4,520 Transportation 525 520 Construction in progress 2,074 1,507 26,093 24,859 Less — accumulated depreciation and amortization (10,984) (10,015) $ 15,109 $ 14,844

Leasehold Interests in Land, _2

Leasehold Interests in Land, Net (Tables)	12 Months Ended
	Dec. 31, 2020
Leasehold Interests In Land, Net [Abstract]
Leasehold Interests in Land	Leasehold interests in land consist of the following: December 31, 2020 2019 (In millions) Marina Bay Sands $ 2,024 $ 1,986 The Londoner Macao 295 293 The Venetian Macao 242 242 The Plaza Macao and Four Seasons Hotel Macao 106 106 The Parisian Macao 89 89 Sands Macao 37 38 2,793 2,754 Less — accumulated amortization (537) (482) $ 2,256 $ 2,272

Intangible Assets, Net (Tables)

Intangible Assets, Net (Tables)	12 Months Ended
	Dec. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Intangible Assets and Goodwill	Intangible assets consist of the following: December 31, 2020 2019 (In millions) Marina Bay Sands gaming license $ 55 $ 53 Trademarks and other 1 1 56 54 Less — accumulated amortization (31) (12) Total intangible assets, net $ 25 $ 42

Other Accrued Liabilities (Tabl

Other Accrued Liabilities (Tables)	12 Months Ended
	Dec. 31, 2020
Accounts Payable and Accrued Liabilities, Current [Abstract]
Other Accrued Liabilities	Other accrued liabilities consist of the following: December 31, 2020 2019 (In millions) Customer deposits $ 614 $ 582 Outstanding chip liability 211 540 Payroll and related 205 378 Accrued interest payable 179 165 Taxes and licenses 155 389 Other accruals 342 342 $ 1,706 $ 2,396

Long-Term Debt (Tables)

Long-Term Debt (Tables)	12 Months Ended
	Dec. 31, 2020
Debt Disclosure [Abstract]
Schedule of Long-term Debt	Long-term debt consists of the following: December 31, 2020 2019 (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 $11 and $14, respectively) $ 1,739 $ 1,736 2.900% Senior Notes due 2025 (net of unamortized original issue discount and deferred financing costs of $4 and $5, respectively) 496 495 3.500% Senior Notes due 2026 (net of unamortized original issue discount and deferred financing costs of $10 and $12, respectively) 990 988 3.900% Senior Notes due 2029 (net of unamortized original issue discount and deferred financing costs of $8) 742 742 Other 3 — Macao Related (1) : 4.600% Senior Notes due 2023 (net of unamortized original issue discount and deferred financing costs of $9 and $11, respectively, and a positive cumulative fair value adjustment of $11 for 2019) 1,791 1,800 5.125% Senior Notes due 2025 (net of unamortized original issue discount and deferred financing costs of $11 and $13, and a positive cumulative fair value adjustment of $11 for 2019) 1,789 1,798 3.800% Senior Notes due 2026 (net of unamortized original issue discount and deferred financing costs of $8) 792 — 5.400% Senior Notes due 2028 (net of unamortized original issue discount and deferred financing costs of $16 and $19, respectively, and a positive cumulative fair value adjustment of $12 for 2019) 1,884 1,893 4.375% Senior Notes due 2030 (net of unamortized original issue discount and deferred financing costs of $10) 690 — Other 21 17 Singapore Related (1) : 2012 Singapore Credit Facility — Term (net of unamortized deferred financing costs of $50 and $54, respectively) 3,023 3,023 2012 Singapore Delayed Draw Term Facility (net of unamortized deferred financing costs of $1) 46 — Other 1 — 14,007 12,492 Less — current maturities (76) (70) Total long-term debt $ 13,931 $ 12,422 ____________________ (1) Unamortized deferred financing costs of $91 million and $100 million as of December 31, 2020 and 2019, 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, 2020 2019 2018 (In millions) Proceeds from 2026 and 2030 SCL Senior Notes $ 1,496 $ — $ — Proceeds from 2018 SCL Credit Facility 403 — — Proceeds from 2012 Singapore Credit Facility - Delayed Draw Term 46 — — Proceeds from LVSC Senior Notes — 4,000 — Proceeds from 2023, 2025 and 2028 SCL Senior Notes — — 5,500 Proceeds from 2013 U.S. Credit Facility — — 1,347 Proceeds from 2016 VML Credit Facility — — 746 $ 1,945 $ 4,000 $ 7,593 Repayments on 2018 SCL Credit Facility $ (404) $ — $ — Repayments on 2012 Singapore Credit Facility (60) (47) (65) Repayments on 2013 U.S. Credit Facility — (3,484) (26) Repayments on 2016 VML Credit Facility — — (5,083) Repayments on HVAC Equipment Lease and Other Long-Term Debt (3) (5) (4) $ (467) $ (3,536) $ (5,178)
Maturities of Long-Term Debt	Maturities of long-term debt outstanding as of December 31, 2020, are summarized as follows: Long-term (In millions) 2021 $ 63 2022 63 2023 1,863 2024 1,892 2025 3,356 Thereafter 6,883 Total $ 14,120

Equity (Tables)

Equity (Tables)	12 Months Ended
	Dec. 31, 2020
Equity [Abstract]
Rollforward of Common Stock	A summary of the outstanding shares of common stock is as follows: Balance as of January 1, 2018 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 Exercise of stock options 342,700 Issuance of restricted stock 17,512 Forfeiture of unvested restricted stock (2,189) Balance as of December 31, 2020 763,842,938

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2020
Income Tax Disclosure [Abstract]
Income (Loss) Before Income Taxes and Noncontrolling Interests	Consolidated income (loss) before taxes and noncontrolling interests for domestic and foreign operations is as follows: Year Ended December 31, 2020 2019 2018 (In millions) Foreign $ (1,614) $ 3,145 $ 3,164 Domestic (567) 627 162 Total income (loss) before income taxes $ (2,181) $ 3,772 $ 3,326
Components of Income Tax (Benefit) Expense	The components of the income tax expense (benefit) are as follows: Year Ended December 31, 2020 2019 2018 (In millions) Foreign: Current $ 7 $ 245 $ 245 Deferred 3 (10) (12) Federal: Current (11) 33 15 Deferred (35) 145 135 State: Current (2) 33 2 Deferred — 22 (10) Total income tax expense (benefit) $ (38) $ 468 $ 375
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, 2020 2019 2018 Statutory federal income tax rate (21.0) % 21.0 % 21.0 % Increase (decrease) in tax rate resulting from: Change in valuation allowance 9.8 % 2.7 % 4.5 % Foreign and U.S. tax rate differential 6.7 % (5.6) % (6.5) % Tax exempt (income) loss of foreign subsidiary 2.1 % (8.0) % (8.3) % Other, net 0.7 % 2.3 % 0.6 % Effective tax rate (1.7) % 12.4 % 11.3 %
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, 2020 2019 (In millions) Deferred tax assets: U.S. foreign tax credit carryforwards $ 4,812 $ 4,791 Net operating loss carryforwards 466 283 Stock-based compensation 16 15 Provision for credit losses 14 14 Deferred gain on mall sale transactions 12 13 Accrued expenses 10 23 Pre-opening expenses 7 9 Other — 1 5,337 5,149 Less — valuation allowances (4,922) (4,786) Total deferred tax assets 415 363 Deferred tax liabilities: Property and equipment (274) (251) Prepaid expenses (4) (5) Other (7) (8) Total deferred tax liabilities (285) (264) Deferred tax assets, net $ 130 $ 99
Reconciliation of Unrecognized Tax Benefits	A reconciliation of the beginning and ending amounts of unrecognized tax benefits, is as follows: December 31, 2020 2019 2018 (In millions) Balance at the beginning of the year $ 134 $ 118 $ 92 Additions to tax positions related to prior years — 1 2 Reductions to tax positions related to prior years (14) — — Additions to tax positions related to current year 11 15 24 Balance at the end of the year $ 131 $ 134 $ 118

Leases (Tables)

Leases (Tables)	12 Months Ended
	Dec. 31, 2020
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"): December 31, Leases Classification on the Balance Sheet 2020 2019 (In millions) Assets Operating lease ROU assets Other assets, net $ 178 $ 190 Finance lease ROU assets Property and equipment, net (1) $ 18 $ 17 Liabilities Current Operating Other accrued liabilities $ 29 $ 28 Finance Current maturities of long-term debt $ 13 $ 8 Noncurrent Operating Other long-term liabilities $ 294 $ 305 Finance Long-term debt $ 12 $ 9 ____________________ (1) Finance lease ROU assets are recorded net of accumulated depreciation of $13 million and $6 million as of December 31, 2020 and 2019, respectively.
Lessee, Other Lease Information	Other information related to lease term and discount rate is as follows: December 31, 2020 2019 Weighted Average Remaining Lease Term Operating leases 31.4 years 31.6 years Finance leases 2.3 years 2.3 years Weighted Average Discount Rate Operating leases (1) 4.6 % 4.6 % Finance leases 3.0 % 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: December 31, 2020 2019 (In millions) Operating lease cost: Amortization of leasehold interests in land $ 55 $ 51 Operating lease cost 30 34 Short-term lease cost 10 19 Variable lease cost (1) (1) 5 Finance lease cost: Amortization of ROU assets 9 5 Interest on lease liabilities 1 1 Total lease cost $ 104 $ 115 ____________________ (1) Lease concessions were received for the year ended December 31, 2020, as a result of the COVID-19 Pandemic.
Lessee, Supplemental Cash Flow Information Related to Leases	Supplemental cash flow information related to leases is as follows: December 31, 2020 2019 (In millions) Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows for operating leases $ 35 $ 40 Operating cash flows for finance leases $ — $ 1 Financing cash flows for finance leases $ 3 $ 5 Right-of-use assets obtained in exchange for lease liabilities: Operating leases $ 10 $ 14 Finance leases $ 24 $ 17
Lessee, Finance Lease Liability, Maturity	Maturities of lease liabilities are summarized as follows: Operating Leases Finance Leases (In millions) Year ending December 31, 2021 $ 36 $ 14 2022 30 8 2023 24 3 2024 24 1 2025 22 — Thereafter 514 — Total future minimum lease payments 650 26 Less — amount representing interest (327) (1) Present value of future minimum lease payments 323 25 Less — current lease obligations (29) (13) Long-term lease obligations $ 294 $ 12
Lessee, Operating Lease Liability, Maturity	Maturities of lease liabilities are summarized as follows: Operating Leases Finance Leases (In millions) Year ending December 31, 2021 $ 36 $ 14 2022 30 8 2023 24 3 2024 24 1 2025 22 — Thereafter 514 — Total future minimum lease payments 650 26 Less — amount representing interest (327) (1) Present value of future minimum lease payments 323 25 Less — current lease obligations (29) (13) Long-term lease obligations $ 294 $ 12
Lessor, Lease Revenue Components	Lease revenue consists of the following: Year Ended December 31, 2020 2019 Mall Other Mall Other (In millions) Minimum rents $ 523 $ 8 $ 518 $ 15 Overage rents 39 1 98 2 Rent concessions (1) (272) (2) — — Total overage rents and rent concessions (233) (1) 98 2 $ 290 $ 7 $ 616 $ 17 ___________________ (1) Rent concessions were provided for the periods presented to tenants as a result of the COVID-19 Pandemic and the impact on mall and other operations.
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, 2021 $ 466 $ 9 2022 361 6 2023 277 5 2024 213 3 2025 160 2 Thereafter 463 3 Total minimum future rentals $ 1,940 $ 28
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, 2020 2019 (In millions) Property and equipment, at cost $ 1,405 $ 1,320 Accumulated depreciation (578) (532) Property and equipment, net $ 827 $ 788

Stock-Based Employee Compensa_2

Stock-Based Employee Compensation (Tables)	12 Months Ended
	Dec. 31, 2020
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, 2020 2019 2018 LVSC Amended 2004 Plan: Weighted average volatility 23.8 % 24.1 % 25.8 % Expected term (in years) 5.5 5.5 6.7 Risk-free rate 1.3 % 2.1 % 2.9 % Expected dividend yield 4.6 % 5.2 % 5.7 % SCL Equity Plan: Weighted average volatility — % 36.9 % 36.0 % Expected term (in years) — 4.8 4.7 Risk-free rate — % 1.7 % 1.7 % Expected dividend yield — % 5.0 % 5.8 %
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, 2020, is presented below: Shares Weighted Weighted Aggregate LVSC Amended 2004 Plan: Outstanding as of January 1, 2020 8,515,855 $ 56.33 Granted 875,474 64.82 Exercised (342,700) 51.25 Forfeited or expired (111,363) 72.44 Outstanding as of December 31, 2020 8,937,266 $ 57.16 6.61 $ 38 Exercisable as of December 31, 2020 4,597,701 $ 58.52 5.14 $ 14 SCL Equity Plan: Outstanding as of January 1, 2020 64,874,150 $ 4.99 Granted — — Exercised (1,766,550) 3.41 Forfeited or expired (8,689,800) 5.51 Outstanding as of December 31, 2020 54,417,800 $ 4.96 6.53 $ 9 Exercisable as of December 31, 2020 32,903,000 $ 4.85 5.77 $ 9
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, 2020, is presented below: Shares Weighted LVSC Amended 2004 Plan: Unvested Restricted Stock Balance as of January 1, 2020 19,337 $ 60.00 Granted 17,512 45.68 Vested (19,337) 60.00 Forfeited (2,189) 45.68 Balance as of December 31, 2020 15,323 $ 45.68 SCL Equity Plan: Unvested Restricted Stock Units Balance as of January 1, 2020 1,407,200 $ 4.99 Granted 2,337,200 4.11 Vested (244,500) 4.09 Forfeited (137,200) 4.97 Balance as of December 31, 2020 3,362,700 $ 4.44
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, 2020: Year Ended December 31, 2020 2019 2018 (Dollars in millions, except weighted average grant date fair values) Compensation expense: Stock options $ 21 $ 34 $ 29 Restricted stock and stock units 7 2 1 $ 28 $ 36 $ 30 Income tax benefit recognized in the consolidated statements of operations $ 2 $ 4 $ 4 Compensation cost capitalized as part of property and equipment $ 1 $ 1 $ 1 LVSC Amended 2004 Plan: Stock options granted 875,474 1,204,145 3,124,168 Weighted average grant date fair value $ 7.79 $ 7.23 $ 7.52 Restricted stock granted 17,512 11,039 10,296 Weighted average grant date fair value $ 45.68 $ 63.40 $ 77.68 Stock options exercised: Intrinsic value $ 5 $ 11 $ 16 Cash received $ 18 $ 26 $ 56 SCL 2019 Equity Plan: Stock options granted — 19,409,600 18,872,800 Weighted average grant date fair value $ — $ 1.03 $ 1.01 Restricted stock units granted 2,337,200 1,412,400 — Weighted average grant date fair value $ 4.11 $ 4.99 $ — Stock options exercised: Intrinsic value $ 2 $ 12 $ 12 Cash received $ 6 $ 28 $ 23
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, 2020: Year Ended December 31, 2020 2019 2018 (Dollars in millions, except weighted average grant date fair values) Compensation expense: Stock options $ 21 $ 34 $ 29 Restricted stock and stock units 7 2 1 $ 28 $ 36 $ 30 Income tax benefit recognized in the consolidated statements of operations $ 2 $ 4 $ 4 Compensation cost capitalized as part of property and equipment $ 1 $ 1 $ 1 LVSC Amended 2004 Plan: Stock options granted 875,474 1,204,145 3,124,168 Weighted average grant date fair value $ 7.79 $ 7.23 $ 7.52 Restricted stock granted 17,512 11,039 10,296 Weighted average grant date fair value $ 45.68 $ 63.40 $ 77.68 Stock options exercised: Intrinsic value $ 5 $ 11 $ 16 Cash received $ 18 $ 26 $ 56 SCL 2019 Equity Plan: Stock options granted — 19,409,600 18,872,800 Weighted average grant date fair value $ — $ 1.03 $ 1.01 Restricted stock units granted 2,337,200 1,412,400 — Weighted average grant date fair value $ 4.11 $ 4.99 $ — Stock options exercised: Intrinsic value $ 2 $ 12 $ 12 Cash received $ 6 $ 28 $ 23
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, 2020: Year Ended December 31, 2020 2019 2018 (Dollars in millions, except weighted average grant date fair values) Compensation expense: Stock options $ 21 $ 34 $ 29 Restricted stock and stock units 7 2 1 $ 28 $ 36 $ 30 Income tax benefit recognized in the consolidated statements of operations $ 2 $ 4 $ 4 Compensation cost capitalized as part of property and equipment $ 1 $ 1 $ 1 LVSC Amended 2004 Plan: Stock options granted 875,474 1,204,145 3,124,168 Weighted average grant date fair value $ 7.79 $ 7.23 $ 7.52 Restricted stock granted 17,512 11,039 10,296 Weighted average grant date fair value $ 45.68 $ 63.40 $ 77.68 Stock options exercised: Intrinsic value $ 5 $ 11 $ 16 Cash received $ 18 $ 26 $ 56 SCL 2019 Equity Plan: Stock options granted — 19,409,600 18,872,800 Weighted average grant date fair value $ — $ 1.03 $ 1.01 Restricted stock units granted 2,337,200 1,412,400 — Weighted average grant date fair value $ 4.11 $ 4.99 $ — Stock options exercised: Intrinsic value $ 2 $ 12 $ 12 Cash received $ 6 $ 28 $ 23

Segment Information (Tables)

Segment Information (Tables)	12 Months Ended
	Dec. 31, 2020
Segment Reporting [Abstract]
Schedule Of Segment Reporting Information	The Company's segment information as of and for the years ended December 31, 2020, 2019 and 2018, is as follows: Casino Rooms Food and Beverage Mall Convention, Retail and Other Net Revenues (In millions) Year Ended December 31, 2020 Macao: The Venetian Macao $ 531 $ 46 $ 14 $ 126 $ 21 $ 738 The Londoner Macao 192 42 17 38 8 297 The Parisian Macao 180 33 14 27 5 259 The Plaza Macao and Four Seasons Hotel Macao 159 17 9 79 1 265 Sands Macao 107 6 5 1 1 120 Ferry Operations and Other — — — — 28 28 1,169 144 59 271 64 1,707 Marina Bay Sands 872 136 97 112 44 1,261 Las Vegas Operating Properties 227 218 127 — 166 738 Intercompany eliminations (1) — — — (2) (92) (94) Total net revenues $ 2,268 $ 498 $ 283 $ 381 $ 182 $ 3,612 Year Ended December 31, 2019 Macao: The Venetian Macao $ 2,875 $ 222 $ 73 $ 254 $ 86 $ 3,510 The Londoner Macao 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 (2) 199 7 11 1 9 227 643 617 358 1 426 2,045 Intercompany eliminations (1) — — — (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 (In millions) Year Ended December 31, 2018 Macao: The Venetian Macao $ 2,829 $ 223 $ 81 $ 234 $ 107 $ 3,474 The Londoner Macao 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 (1) — — — (1) (246) (247) Total net revenues $ 9,819 $ 1,733 $ 865 $ 690 $ 622 $ 13,729 _________________________ (1) Intercompany eliminations include royalties and other intercompany services. (2) The Company completed the sale of Sands Bethlehem on May 31, 2019. Results of operations include Sands Bethlehem through May 30, 2019. Year Ended December 31, 2020 2019 2018 (In millions) Intersegment Revenues Macao: The Venetian Macao $ 4 $ 4 $ 4 The Londoner Macao 1 — — Ferry Operations and Other 19 27 25 24 31 29 Marina Bay Sands 4 4 9 Las Vegas Operating Properties 66 206 209 Total intersegment revenues $ 94 $ 241 $ 247 Year Ended December 31, 2020 2019 2018 (In millions) Adjusted Property EBITDA Macao: The Venetian Macao $ (53) $ 1,407 $ 1,378 The Londoner Macao (184) 726 759 The Parisian Macao (131) 544 484 The Plaza Macao and Four Seasons Hotel Macao 33 345 262 Sands Macao (76) 175 178 Ferry Operations and Other (20) (8) 18 (431) 3,189 3,079 Marina Bay Sands 383 1,661 1,690 United States: Las Vegas Operating Properties (124) 487 394 Sands Bethlehem (1) — 52 116 (124) 539 510 Consolidated adjusted property EBITDA (2) (172) 5,389 5,279 Other Operating Costs and Expenses Stock-based compensation (3) (16) (14) (12) Corporate (168) (313) (202) Pre-opening (19) (34) (6) Development (18) (24) (12) Depreciation and amortization (1,160) (1,165) (1,111) Amortization of leasehold interests in land (55) (51) (35) Loss on disposal or impairment of assets (80) (90) (150) Operating income (loss) (1,688) 3,698 3,751 Other Non-Operating Costs and Expenses Interest income 21 74 59 Interest expense, net of amounts capitalized (536) (555) (446) Other income 22 23 26 Gain on sale of Sands Bethlehem — 556 — Loss on modification or early retirement of debt — (24) (64) Income tax (expense) benefit 38 (468) (375) Net income (loss) $ (2,143) $ 3,304 $ 2,951 _________________________ (1) The Company completed the sale of Sands Bethlehem on May 31, 2019. 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, 2020, 2019 and 2018, the Company recorded stock-based compensation expense of $28 million, $36 million and $30 million, respectively, of which $12 million, $22 million and $18 million, respectively, was included in corporate expense in the accompanying consolidated statements of operations. Year Ended December 31, 2020 2019 2018 (In millions) Capital Expenditures Corporate and Other $ 5 $ 59 $ 81 Macao: The Venetian Macao 140 131 180 The Londoner Macao 739 282 131 The Parisian Macao 11 32 131 The Plaza Macao and Four Seasons Hotel Macao 157 298 63 Sands Macao 9 16 29 Ferry Operations and Other 2 3 1 1,058 762 535 Marina Bay Sands 164 195 182 United States: Las Vegas Operating Properties 103 198 127 Sands Bethlehem (1) — 2 24 103 200 151 Total capital expenditures $ 1,330 $ 1,216 $ 949 _________________________ (1) The Company completed the sale of Sands Bethlehem on May 31, 2019. Results of operations include Sands Bethlehem through May 30, 2019. December 31, 2020 2019 2018 (In millions) Total Assets Corporate and Other $ 839 $ 1,390 $ 1,296 Macao: The Venetian Macao 2,446 3,243 3,403 The Londoner Macao 4,298 4,504 4,295 The Parisian Macao 2,119 2,351 2,455 The Plaza Macao and Four Seasons Hotel Macao 1,203 1,239 883 Sands Macao 320 324 322 Ferry Operations and Other 141 156 259 10,527 11,817 11,617 Marina Bay Sands 5,592 5,880 4,674 United States: Las Vegas Operating Properties 3,849 4,112 4,321 Sands Bethlehem (1) — — 639 3,849 4,112 4,960 Total assets $ 20,807 $ 23,199 $ 22,547 _________________________ (1) The Company completed the sale of Sands Bethlehem on May 31, 2019. December 31, 2020 2019 2018 (In millions) Total Long-Lived Assets (1) Corporate and Other $ 308 $ 311 $ 281 Macao: The Venetian Macao 1,705 1,740 1,750 The Londoner Macao 4,162 3,591 3,414 The Parisian Macao 2,067 2,203 2,317 The Plaza Macao and Four Seasons Hotel Macao 1,135 1,112 772 Sands Macao 218 237 229 Ferry Operations and Other 73 54 130 9,360 8,937 8,612 Marina Bay Sands 4,989 5,063 4,148 United States: Las Vegas Operating Properties 2,708 2,805 2,762 Sands Bethlehem (2) — — 549 2,708 2,805 3,311 Total long-lived assets $ 17,365 $ 17,116 $ 16,352 _________________________ (1) Long-lived assets include property and equipment, net of accumulated depreciation and amortization, and leasehold interests in land, net of accumulated amortization.

Selected Quarterly Financial _2

Selected Quarterly Financial Results (Unaudited) (Tables)	12 Months Ended
	Dec. 31, 2020
Quarterly Financial Information Disclosure [Abstract]
Selected Quarterly Financial Results (Unaudited)	Quarter First Second Third Fourth Total (In millions, except per share data) 2020 Net revenues $ 1,782 $ 98 $ 586 $ 1,146 $ 3,612 Operating income (loss) 55 (922) (610) (211) (1,688) Net loss (51) (985) (731) (376) (2,143) Net loss attributable to Las Vegas Sands Corp. (1) (820) (565) (299) (1,685) Basic loss per share — (1.07) (0.74) (0.39) (2.21) Diluted loss per share — (1.07) (0.74) (0.39) (2.21) 2019 Net revenues $ 3,646 $ 3,334 $ 3,250 $ 3,509 $ 13,739 Operating income 971 894 899 934 3,698 Net income (1) 744 1,108 669 783 3,304 Net income attributable to Las Vegas Sands Corp. (1) 582 954 533 629 2,698 Basic earnings per share (1) 0.75 1.24 0.69 0.82 3.50 Diluted earnings per share (1) 0.75 1.24 0.69 0.82 3.50 ________________________ (1) 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 Millions	Jan. 29, 2021USD ($)	Jan. 29, 2021HKD ($)	Jan. 25, 2021USD ($)	Jan. 25, 2021HKD ($)	Aug. 30, 2019USD ($)	Aug. 30, 2019SGD ($)	Dec. 31, 2020USD ($)ft²aRoomSeatfloorhotel_tower	Dec. 31, 2020SGD ($)	Dec. 31, 2020SGD ($)ft²aRoomSeatfloorhotel_tower	Dec. 31, 2019USD ($)
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Cash and cash equivalents | $							$ 2,121			$ 4,226
Macao [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Gaming subconcession, period							20 years	20 years
Macao [Member] | 2018 SCL Revolving Facility [Member] | Unsecured Debt [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Line of credit facility, available borrowing capacity (SGD/HKD converted to USD at balance sheet date) | $							$ 2,020
Macao [Member] | 2018 SCL Revolving Facility [Member] | Unsecured Debt [Member] | Subsequent Event [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Line of credit facility, available borrowing capacity (SGD/HKD converted to USD at balance sheet date) | $	$ 2,210
Line of credit facility, increase (decrease), net			$ 494	$ 3,830
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		140
Macao [Member] | The Venetian Macao [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Number of floors | floor							39		39
Number of hotel rooms | Room							2,900		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		374
Macao [Member] | The Venetian Macao [Member] | Arena [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Number of seats | Seat							15,000		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		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		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		1,200
Macao [Member] | The Londoner Macao [Member] | Casino [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Area of real estate property (square feet)							351		351
Macao [Member] | The Londoner Macao [Member] | Conference And Meeting Facilities [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Area of real estate property (square feet)							369		369
Macao [Member] | The Londoner Macao [Member] | Retail [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Area of real estate property (square feet)							525		525
Macao [Member] | The Londoner Macao [Member] | Conrad [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Number of hotel rooms | Room							650		650
Macao [Member] | The Londoner Macao [Member] | The Londoner Macao Hotel [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Number of hotel rooms | Room							600		600
Macao [Member] | The Londoner Macao [Member] | Suites at David Beckham [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Number of hotel rooms | Room							14		14
Macao [Member] | The Londoner Macao [Member] | First Sheraton Tower [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Number of hotel rooms | Room							1,800		1,800
Macao [Member] | The Londoner Macao [Member] | Second Sheraton Tower [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Number of hotel rooms | Room							2,100		2,100
Macao [Member] | The Londoner Macao [Member] | St. Regis Tower [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Number of hotel rooms | Room							400		400
Macao [Member] | The Londoner Macao [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		370
Macao [Member] | The Parisian Macao [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Number of hotel rooms | Room							2,500		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)							248		248
Macao [Member] | The Parisian Macao [Member] | Theater [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Number of seats | Seat							1,200		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		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		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		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)							127		127
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)							244		244
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		19
Macao [Member] | The Plaza Macao and Four Seasons Hotel Macao [Member] | The Grand Suites at Four Seasons Macao [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Number of hotel rooms | Room							289		289
Macao [Member] | Sands Macao [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Number of hotel rooms | Room							289		289
Macao [Member] | Sands Macao [Member] | Casino [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Area of real estate property (square feet)							212		212
Macao [Member] | United States of America, Dollars | 2018 SCL Revolving Facility [Member] | Unsecured Debt [Member] | Subsequent Event [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Proceeds from lines of credit | $	29
Macao [Member] | Hong Kong, Dollars | 2018 SCL Revolving Facility [Member] | Unsecured Debt [Member] | Subsequent Event [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Proceeds from lines of credit	$ 274	$ 2,130
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							69.90%		69.90%
Singapore [Member] | 2012 Singapore Credit Facility Revolving [Member] | Secured Debt [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Line of credit facility, available borrowing capacity (SGD/HKD converted to USD at balance sheet date)							$ 448		$ 592,000,000
Line of credit facility, increase (decrease), net					$ 189	$ 250,000,000
Singapore [Member] | 2012 Singapore Credit Facility Delayed Draw Term [Member] | Secured Debt [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Debt instrument, unused borrowing capacity, amount							$ 2,790		$ 3,690,000,000
Singapore [Member] | Marina Bay Sands [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Number of floors | floor							55		55
Number of hotel rooms | Room							2,600		2,600
Number of towers | hotel_tower							3		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		1,000
Expected cost to complete							$ 3,400	$ 4,500,000,000
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		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		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		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		800
United States [Member] | LVSC Revolving Facility [Member] | Unsecured Debt [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Line of credit facility, available borrowing capacity (SGD/HKD converted to USD at balance sheet date) | $							$ 1,500
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		400
Number of seats | Seat							18,000		18,000
United States [Member] | Las Vegas Condo Tower [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Capitalized costs | $							$ 130
United States [Member] | Las Vegas Operating Properties [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Number of hotel rooms | Room							7,100		7,100
Number of towers | hotel_tower							3		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		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		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		1,200

Summary of Significant Accoun_4

Summary of Significant Accounting Policies - Estimated Useful Lives of Assets (Details)	12 Months Ended
	Dec. 31, 2020
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_5

Summary of Significant Accounting Policies - Additional Information (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018	Aug. 31, 2018
Accounting policies [Line Items]
Capitalized interest expense	$ 21	$ 9	$ 3
Capitalized internal costs	44	34	31
Taxes on gaming revenue	834	3,980	4,090
Advertising costs	42	123	132
Interest Rate Swap [Member] | Fair Value Hedging [Member] | Designated as Hedging Instrument [Member]
Accounting policies [Line Items]
Derivative, notional amount				$ 5,500
Interest Rate Swap [Member] | Fair Value Hedging [Member] | Designated as Hedging Instrument [Member] | Interest Expense [Member]
Accounting policies [Line Items]
Derivative, realized gain (loss) on interest rate swaps	$ 53	$ 23	$ 9

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, 2020	Dec. 31, 2019	Dec. 31, 2018
Outstanding Chip Liability [Member]
Contract and Contract Related Liabilities [Line Items]
Contract and contract related, liability		$ 211	$ 540	$ 551
Change in contract and contract related liabilities		(329)	(11)
Loyalty Program Liability [Member]
Contract and Contract Related Liabilities [Line Items]
Contract and contract related, liability		68	68	66
Change in contract and contract related liabilities		0	2
Customer Deposits and Other Deferred Revenue [Member]
Contract and Contract Related Liabilities [Line Items]
Contract and contract related, liability	[1]	751	724	827
Change in contract and contract related liabilities		27	(103)
Mall [Member] | Customer Deposits and Other Deferred Revenue [Member]
Contract and Contract Related Liabilities [Line Items]
Contract and contract related, liability	[1]	$ 152	$ 154	$ 152
[1]	Of this amount, $152 million, $154 million and $152 million as of December 31, 2020 and 2019 and January 1, 2019, 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, 2020	Dec. 31, 2019	Dec. 31, 2018
Weighted average shares outstanding:
Weighted average common shares outstanding (used in the calculation of basic earnings (loss) per share) (in shares)	764	771	786
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 (loss) per share) (in shares)	764	771	786
Antidilutive stock options excluded from the calculation of diluted earnings (loss) per share (in shares)	9	3	2

Accounts Receivable, Net (Detai

Accounts Receivable, Net (Details) - USD ($) $ in Millions	Dec. 31, 2020	Dec. 31, 2019
Accounts Receivable [Line Items]
Accounts receivable, gross	$ 652	$ 1,126
Less - provision for credit losses	(314)	(282)
Accounts receivable, net	338	844
Casino [Member]
Accounts Receivable [Line Items]
Accounts receivable, gross	527	858
Rooms [Member]
Accounts Receivable [Line Items]
Accounts receivable, gross	15	88
Mall [Member]
Accounts Receivable [Line Items]
Accounts receivable, gross	49	93
Other [Member]
Accounts Receivable [Line Items]
Accounts receivable, gross	$ 61	$ 87

Accounts Receivable, Net - Prov

Accounts Receivable, Net - Provision for Credit Losses Rollforward (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Accounts Receivable, Allowance for Credit Loss [Roll Forward]
Beginning balance	$ 282	$ 324
Current period provision for credit losses	99	30	$ 5
Write-offs	(70)	(74)
Recoveries of receivables previously written-off	0	1
Exchange rate impact	3	1
Ending balance	$ 314	$ 282	$ 324

Property and Equipment, Net (De

Property and Equipment, Net (Details) - USD ($) $ in Millions	Dec. 31, 2020	Dec. 31, 2019
Property, Plant and Equipment [Line Items]
Property and equipment, at cost	$ 26,093	$ 24,859
Less — accumulated depreciation and amortization	(10,984)	(10,015)
Property and equipment, net	15,109	14,844
Land and Improvements [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, at cost	637	650
Building and Improvements [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, at cost	18,014	17,662
Furniture, Fixtures, Equipment And Leasehold Improvements [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, at cost	4,843	4,520
Transportation [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, at cost	525	520
Construction in Progress [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, at cost	$ 2,074	$ 1,507

Property and Equipment, Net - A

Property and Equipment, Net - Additional Information (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Property, Plant and Equipment [Line Items]
Property and equipment, net	$ 15,109	$ 14,844
Accumulated depreciation and amortization	10,984	10,015
Loss on disposal or impairment of assets	80	90	$ 150
Depreciation expense	1,140	1,150	1,100
Macao [Member] | The Londoner Macao [Member]
Property, Plant and Equipment [Line Items]
Loss on disposal or impairment of assets	56
Macao [Member] | Ferry Operations and Other [Member]
Property, Plant and Equipment [Line Items]
Loss on disposal or impairment of assets		$ 65
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	179
Accumulated depreciation and amortization	$ 119

Leasehold Interests in Land, _3

Leasehold Interests in Land, Net (Details) - USD ($) $ in Millions	Dec. 31, 2020	Dec. 31, 2019
Lessee, Lease, Description [Line Items]
Leasehold interests in land, gross	$ 2,793	$ 2,754
Less — accumulated amortization	(537)	(482)
Leasehold interests in land, net	2,256	2,272
Marina Bay Sands [Member]
Lessee, Lease, Description [Line Items]
Leasehold interests in land, gross	2,024	1,986
The Londoner Macao [Member]
Lessee, Lease, Description [Line Items]
Leasehold interests in land, gross	295	293
The Venetian Macao [Member]
Lessee, Lease, Description [Line Items]
Leasehold interests in land, gross	242	242
The Plaza Macao and Four Seasons Hotel Macao [Member]
Lessee, Lease, Description [Line Items]
Leasehold interests in land, gross	106	106
The Parisian Macao [Member]
Lessee, Lease, Description [Line Items]
Leasehold interests in land, gross	89	89
Sands Macao [Member]
Lessee, Lease, Description [Line Items]
Leasehold interests in land, gross	$ 37	$ 38

Leasehold Interests in Land, _4

Leasehold Interests in Land, Net - Additional Information (Details) - USD ($) $ in Millions	1 Months Ended	12 Months Ended
	Apr. 30, 2019	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Lessee, Lease, Description [Line Items]
Amortization of leasehold interests in land		$ 55	$ 51	$ 35
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
Singapore [Member]
Lessee, Lease, Description [Line Items]
Land concession payment	$ 963
Leasehold interests in land [Member]
Lessee, Lease, Description [Line Items]
Estimated future amortization expense, 2021		$ 53
Estimated future amortization expense, 2022		53
Estimated future amortization expense, 2023		53
Estimated future amortization expense, 2024		53
Estimated future amortization expense, 2025		53
Estimated future amortization expense, thereafter		$ 2,180
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

Intangible Assets, Net (Details

Intangible Assets, Net (Details) - USD ($) $ in Millions	Dec. 31, 2020	Dec. 31, 2019
Intangible Assets [Line Items]
Finite-lived intangible assets, gross	$ 56	$ 54
Less - accumulated amortization	(31)	(12)
Finite-lived intangible assets, net	25	42
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	$ 55	$ 53

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, 2020USD ($)	Dec. 31, 2019USD ($)	Dec. 31, 2018USD ($)
Intangible Assets [Line Items]
Payments to acquire intangible assets			$ 0	$ 53	$ 0
Amortization expense			17	$ 17	$ 16
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 asset, useful life	3 years	3 years

Other Accrued Liabilities (Deta

Other Accrued Liabilities (Details) - USD ($) $ in Millions	Dec. 31, 2020	Dec. 31, 2019
Other Accrued Liabilities [Line Items]
Payroll and related	$ 205	$ 378
Accrued interest payable	179	165
Taxes and licenses	155	389
Other accruals	342	342
Other accrued liabilities	1,706	2,396
Customer Deposits [Member]
Other Accrued Liabilities [Line Items]
Contract and contract related, liability, current	614	582
Outstanding Chip Liability [Member]
Other Accrued Liabilities [Line Items]
Contract and contract related, liability, current	$ 211	$ 540

Long-Term Debt - Schedule of Lo

Long-Term Debt - Schedule of Long-term Debt (Details) - USD ($) $ in Millions		Dec. 31, 2020	Dec. 31, 2019
Debt Instrument [Line Items]
Other		$ 14,007	$ 12,492
Long-term debt, including current maturities		14,007	12,492
Less — current maturities		(76)	(70)
Total long-term debt		13,931	12,422
Other Assets, Net [Member]
Debt Instrument [Line Items]
Debt issuance costs, net in other assets	[1]	91	100
Other [Member] | United States [Member]
Debt Instrument [Line Items]
Other		3	0
Long-term debt, including current maturities		3	0
Other [Member] | Macao [Member]
Debt Instrument [Line Items]
Other		21	17
Long-term debt, including current maturities		21	17
Other [Member] | Singapore [Member]
Debt Instrument [Line Items]
Other		1	0
Long-term debt, including current maturities		1	0
Unsecured Debt [Member] | 3.200% Senior Notes due 2024 [Member] | United States [Member]
Debt Instrument [Line Items]
Long-term debt	[1]	1,739	1,736
Unsecured Debt [Member] | 2.900% Senior Notes due 2025 [Member] | United States [Member]
Debt Instrument [Line Items]
Long-term debt	[1]	496	495
Unsecured Debt [Member] | 3.500% Senior Notes due 2026 [Member] | United States [Member]
Debt Instrument [Line Items]
Long-term debt	[1]	990	988
Unsecured Debt [Member] | 3.900% Senior Notes due 2029 [Member] | United States [Member]
Debt Instrument [Line Items]
Long-term debt	[1]	742	742
Unsecured Debt [Member] | 4.600% Senior Notes due 2023 [Member] | Macao [Member]
Debt Instrument [Line Items]
Long-term debt	[1]	1,791	1,800
Unsecured Debt [Member] | 5.125% Senior Notes due 2025 [Member] | Macao [Member]
Debt Instrument [Line Items]
Long-term debt	[1]	1,789	1,798
Unsecured Debt [Member] | 3.800% Senior Notes due 2026 | Macao [Member]
Debt Instrument [Line Items]
Long-term debt	[1]	792	0
Unsecured Debt [Member] | 5.400% Senior Notes due 2028 [Member] | Macao [Member]
Debt Instrument [Line Items]
Long-term debt	[1]	1,884	1,893
Unsecured Debt [Member] | 4.375% Senior Notes due 2030 | Macao [Member]
Debt Instrument [Line Items]
Long-term debt	[1]	690	0
Secured Debt [Member] | 2012 Singapore Credit Facility Term [Member] | Singapore [Member]
Debt Instrument [Line Items]
Long-term debt	[1]	3,023	3,023
Secured Debt [Member] | 2012 Singapore Credit Facility Delayed Draw Term [Member] | Singapore [Member]
Debt Instrument [Line Items]
Long-term debt	[1]	$ 46	$ 0
[1]	Unamortized deferred financing costs of $91 million and $100 million as of December 31, 2020 and 2019, 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, 2020	Dec. 31, 2019
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	$ 11	$ 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	4	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	10	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	9	11
Cumulative fair value hedging adjustment included in the carrying amount of the SCL Senior Notes		11
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	11	13
Cumulative fair value hedging adjustment included in the carrying amount of the SCL Senior Notes		11
Unsecured Debt [Member] | 3.800% Senior Notes due 2026 | Macao [Member]
Debt Instrument [Line Items]
Debt instrument, unamortized discount (premium) and debt issuance costs, net	8
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	16	19
Cumulative fair value hedging adjustment included in the carrying amount of the SCL Senior Notes		12
Unsecured Debt [Member] | 4.375% Senior Notes due 2030 | Macao [Member]
Debt Instrument [Line Items]
Debt instrument, unamortized discount (premium) and debt issuance costs, net	10
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	50	$ 54
Secured Debt [Member] | 2012 Singapore Credit Facility Delayed Draw Term [Member] | Singapore [Member]
Debt Instrument [Line Items]
Debt instrument, unamortized discount (premium) and debt issuance costs, net	$ 1

Long-Term Debt - Additional Inf

Long-Term Debt - Additional Information (Details) $ in Millions

Jan. 29, 2021USD ($)

Jan. 29, 2021HKD ($)

Jan. 25, 2021USD ($)

Jan. 25, 2021HKD ($)

Aug. 30, 2019USD ($)

Aug. 30, 2019SGD ($)

Aug. 30, 2019USD ($)

Aug. 09, 2019USD ($)

Nov. 20, 2018USD ($)

Dec. 31, 2018USD ($)

Sep. 30, 2018USD ($)

Dec. 31, 2020USD ($)

Dec. 31, 2019USD ($)

Dec. 31, 2018USD ($)

Dec. 31, 2020SGD ($)

Jun. 04, 2020USD ($)

Nov. 25, 2019USD ($)

Aug. 30, 2019SGD ($)

Jul. 31, 2019USD ($)

Jun. 30, 2019USD ($)

Aug. 09, 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

$ 0

$ 24,000,000

$ 64,000,000

Long-term debt, carrying value

14,120,000,000

12,580,000,000

Long-term debt, fair value

15,150,000,000

$ 13,210,000,000

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 (SGD converted to USD at balance sheet date)

$ 1,500,000,000

Line of credit facility, available borrowing capacity (SGD/HKD 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

Debt instrument, ratio of indebtedness to adjusted EBITDA, waived, temporary

4

4

Debt instrument, covenant terms, minimum liquidity requirement, temporary

$ 350,000,000

Minimum liquidity required, dividend payments, temporary

$ 1,000,000,000

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 (SGD converted to USD at balance sheet date)

$ 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%

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 (SGD converted to USD at balance sheet date)

$ 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] | SCL Senior Notes due 2026 and 2030 [Member]

Debt Instrument [Line Items]

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

$ 1,500,000,000

Macao [Member] | Unsecured Debt [Member] | 3.800% Senior Notes due 2026

Debt Instrument [Line Items]

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

$ 800,000,000

Debt Instrument, interest rate, stated percentage

3.80%

Macao [Member] | Unsecured Debt [Member] | 4.375% Senior Notes due 2030

Debt Instrument [Line Items]

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

$ 700,000,000

Debt Instrument, interest rate, stated percentage

4.375%

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

Debt Instrument [Line Items]

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

$ 2,000,000,000

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

$ 2,020,000,000

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

Line of credit, maximum borrowing capacity for dividends, temporary

$ 2,000,000,000

Debt instrument, ratio of indebtedness to adjusted EBITDA, maximum ratio, dividend payments, temporary

4

4

Minimum cash and undrawn amount of 2018 SCL Credit Facility required after dividend payments, temporary

$ 2,000,000,000

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

Debt Instrument [Line Items]

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

$ 2,210,000,000

Line of credit facility, increase (decrease), net

$ 494,000,000

$ 3,830

Macao [Member] | Unsecured Debt [Member] | 2018 SCL Revolving Facility [Member] | Subsequent Event [Member] | United States of America, Dollars

Debt Instrument [Line Items]

Proceeds from lines of credit

29,000,000

Macao [Member] | Unsecured Debt [Member] | 2018 SCL Revolving Facility [Member] | Subsequent Event [Member] | Hong Kong, Dollars

Debt Instrument [Line Items]

Proceeds from lines of credit

$ 274,000,000

$ 2,130

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

Debt Instrument [Line Items]

Debt instrument, ratio of adjusted EBITDA to net interest expense, waived, temporary

2.5

2.5

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

Debt Instrument [Line Items]

Debt instrument, ratio of indebtedness to adjusted EBITDA, waived, temporary

4

4

line of credit, additional borrowing capacity option

$ 1,000,000,000

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%

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 (SGD converted to USD at balance sheet date)

$ 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)

$ 3,630,000,000

$ 4,800,000,000

$ 3,850,000,000

$ 5,100,000,000

Debt instrument, maximum leverage ratio, through maturity

4

4

4

Weighted average interest rate

2.20%

3.20%

2.60%

Loss on modification or early retirement of debt

$ 2,000,000

Debt instrument, maximum leverage ratio, period one

4.5

4.5

4.5

Debt Instrument, ratio of indebtedness to adjusted EBITDA, maximum ratio, unlimited dividend payments, temporary

4.25

4.25

Maximum dividend payment in SGD, ratio of indebtedness to EBITDA greater than 4.25, temporary

$ 500,000,000

Debt Instrument, ratio of indebtedness to adjusted EBITDA, minimum ratio required for maximum of $500 million dividend payments, temporary

4.25

4.25

Minimum cash plus Facility B availability required, ratio of indebtedness to EBITDA greater than 4.25, temporary

$ 800,000,000

Debt Instrument, minimum ratio of adjusted EBITDA to net interest for up to SGD 500 million dividend payments, temporary

3

3

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

2.00%

2.00%

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)

3,480,000,000

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 (SGD converted to USD at balance sheet date)

$ 567,000,000

$ 567,000,000

$ 750,000,000

378,000,000

500,000,000

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

$ 448,000,000

$ 592,000,000

Line of credit facility, increase (decrease), net

189,000,000

$ 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 (SGD converted to USD at balance sheet date)

$ 76,000,000

$ 100,000,000

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

Debt Instrument [Line Items]

Banker's guarantee

116,000,000

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)

$ 2,830,000,000

$ 2,830,000,000

$ 3,750,000,000

Debt instrument, unused borrowing capacity, amount

$ 2,790,000,000

$ 3,690,000,000

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) $ in Millions, $ in Millions	12 Months Ended
	Dec. 31, 2020USD ($)	Dec. 31, 2020SGD ($)	Dec. 31, 2019USD ($)	Dec. 31, 2018USD ($)
Debt Instrument [Line Items]
Proceeds from long-term debt	$ 1,945		$ 4,000	$ 7,593
Repayments of long-term debt and finance leases	(467)		(3,536)	(5,178)
Unsecured Debt [Member] | SCL Senior Notes [Member] | Macao [Member]
Debt Instrument [Line Items]
Proceeds from long-term debt	1,496			5,500
Unsecured Debt [Member] | 2018 SCL Revolving Facility [Member] | Macao [Member]
Debt Instrument [Line Items]
Proceeds from long-term debt	403		0	0
Repayments of long-term debt	(404)		0	0
Unsecured Debt [Member] | LVSC Senior Notes [Member] | United States [Member]
Debt Instrument [Line Items]
Proceeds from long-term debt	0		4,000	0
Secured Debt [Member] | 2012 Singapore Credit Facility Delayed Draw Term [Member] | Singapore [Member]
Debt Instrument [Line Items]
Proceeds from long-term debt	46	$ 62	0	0
Secured Debt [Member] | 2013 U.S. Credit Facility [Member] | United States [Member]
Debt Instrument [Line Items]
Proceeds from long-term debt	0		0	1,347
Repayments of long-term debt	0		(3,484)	(26)
Secured Debt [Member] | 2016 VML Credit Facility [Member] | Macao [Member]
Debt Instrument [Line Items]
Proceeds from long-term debt	0		0	746
Repayments of long-term debt	0		0	(5,083)
Secured Debt [Member] | 2012 Singapore Credit Facility [Member] | Singapore [Member]
Debt Instrument [Line Items]
Repayments of long-term debt	(60)		(47)	(65)
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 finance leases	$ (3)		$ (5)	$ (4)

Long-Term Debt - Maturities of

Long-Term Debt - Maturities of Long-Term Debt and Finance Lease Obligations Outstanding (Details) $ in Millions	Dec. 31, 2020USD ($)
Long-term Debt, Fiscal Year Maturity [Abstract]
Long-term debt payments, 2021	$ 63
Long-term debt payments, 2022	63
Long-term debt payments, 2023	1,863
Long-term debt payments, 2024	1,892
Long-term debt payments, 2025	3,356
Long-term debt payments, thereafter	6,883
Long-term debt payments, total	$ 14,120

Equity - Additional Information

Equity - Additional Information (Details) $ / shares in Units, $ in Millions	Mar. 26, 2020$ / shares	Feb. 21, 2020$ / shares	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. 31, 2020USD ($)$ / sharesshares	Dec. 31, 2019USD ($)$ / sharesshares	Dec. 31, 2018USD ($)$ / sharesshares	Oct. 31, 2020USD ($)	Jun. 30, 2018USD ($)
Class of Stock [Line Items]
Preferred stock, shares authorized | shares															50,000,000	50,000,000
Common stock, dividends declared (per share) | $ / shares	$ 0.79		$ 0.77	$ 0.77	$ 0.77		$ 0.77		$ 0.75	$ 0.75	$ 0.75		$ 0.75		$ 0.79	$ 3.08	$ 3
Common stock, dividends declared															$ 911	$ 3,000	$ 2,979
Payments for repurchase of common stock															0	$ 754	905
Shares paid for tax withholding and exercise price for share based compensation | shares																1,927
Payments to acquire additional interest in subsidiaries																$ 11
Sands China Ltd. [Member]
Class of Stock [Line Items]
Common stock, dividends declared (per share) | $ / shares		$ 0.99				$ 1		$ 0.99				$ 1		$ 0.99
Common stock, dividends declared															1,030	2,050	2,050
Proceeds from dividends received															$ 717	$ 1,440	$ 1,440
Share Repurchase Program [Member]
Class of Stock [Line Items]
Common stock repurchased (in shares) | shares															0	12,556,635	14,998,127
Payments for repurchase of common stock																$ 754	$ 905
June 2018 Program [Member]
Class of Stock [Line Items]
Stock repurchase program, authorized amount																			$ 2,500
Stock repurchase program, remaining authorized repurchase amount																		$ 916
Retained Earnings [Member]
Class of Stock [Line Items]
Common stock, dividends declared															$ 603	2,367	2,352
Retained Earnings [Member] | Principal Stockholder and His Family [Member]
Class of Stock [Line Items]
Common stock, dividends declared															342	1,330	1,300
Retained Earnings [Member] | All Other Shareholders [Member]
Class of Stock [Line Items]
Common stock, dividends declared															261	1,040	1,050
Noncontrolling Interest [Member]
Class of Stock [Line Items]
Common stock, dividends declared															$ 308	633	627
Noncontrolling Interest [Member] | Other [Member]
Class of Stock [Line Items]
Common stock, dividends declared																$ 17	$ 12

Equity - Rollforward of Common

Equity - Rollforward of Common Stock (Details) - shares	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Increase (Decrease) in Common Stock [Roll Forward]
Common stock shares, beginning balance	764,000,000
Common stock shares, ending balance	764,000,000	764,000,000
Common Stock [Member]
Increase (Decrease) in Common Stock [Roll Forward]
Common stock shares, beginning balance	763,484,915	775,463,214	789,484,987
Exercise of stock options	342,700	569,224	1,007,551
Issuance of restricted stock	17,512	11,039	10,296
Vesting of restricted stock units			5,000
Repurchase of common stock		(12,558,562)	(15,044,620)
Restricted stock award, forfeitures	(2,189)
Common stock shares, ending balance	763,842,938	763,484,915	775,463,214

Income Taxes - Income Before In

Income Taxes - Income Before Income Taxes and Noncontrolling Interests (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Income (Loss) Before Income Taxes and Noncontrolling Interest [Abstract]
Foreign	$ (1,614)	$ 3,145	$ 3,164
Domestic	(567)	627	162
Income (loss) before income taxes	$ (2,181)	$ 3,772	$ 3,326

Income Taxes - Components of In

Income Taxes - Components of Income Tax (Benefit) Expense (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Foreign:
Current	$ 7	$ 245	$ 245
Deferred	3	(10)	(12)
Federal:
Current	(11)	33	15
Deferred	(35)	145	135
State:
Current	(2)	33	2
Deferred	0	22	(10)
Total income tax expense (benefit)	$ (38)	$ 468	$ 375

Income Taxes - Effective Income

Income Taxes - Effective Income Tax Rate Reconciliation (Details)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Effective Income Tax Rate Reconciliation, Percent [Abstract]
Statutory federal income tax rate	(21.00%)	21.00%	21.00%
Change in valuation allowance	9.80%	2.70%	4.50%
Foreign and U.S. tax rate differential	6.70%	(5.60%)	(6.50%)
Tax exempt (income) loss of foreign subsidiary	2.10%	(8.00%)	(8.30%)
Other, net	0.70%	2.30%	0.60%
Effective tax rate	(1.70%)	12.40%	11.30%

Income Taxes - Additional Infor

Income Taxes - Additional Information (Details) $ / shares in Units, MOP$ in Millions, $ in Millions	12 Months Ended
	Dec. 31, 2020USD ($)	Dec. 31, 2020MOP (MOP$)	Dec. 31, 2019USD ($)$ / shares	Dec. 31, 2018USD ($)$ / shares	Dec. 31, 2017USD ($)
Income Taxes [Line Items]
Macao income tax exemption, reduction in net income			$ 200	$ 184
Macao income tax exemption, reduction in earnings per share (USD per share) | $ / shares			$ 0.26	$ 0.23
Statutory federal income tax rate	(21.00%)	(21.00%)	21.00%	21.00%
Income tax expense (benefit)	$ (38)		$ 468	$ 375
Deferred tax assets, valuation allowance	4,922		4,786
Unrecognized tax benefits	131		134	118	$ 92
Unrecognized tax benefits, effective income tax rate impact	123		115	103
Income tax examination, penalties and interest accrued	7		5	3
Deferred tax asset [Member]
Income Taxes [Line Items]
Unrecognized tax benefits	60		53		$ 67
Other Long-Term Liabilities [Member]
Income Taxes [Line Items]
Unrecognized tax benefits	71		81	51
U.S. Foreign Tax [Member]
Income Taxes [Line Items]
Tax credit carryforward, amount	4,870		4,840
Tax Cuts and Jobs Act [Member]
Income Taxes [Line Items]
Income tax expense (benefit)				$ 57
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	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%
United States [Member]
Income Taxes [Line Items]
Operating loss carryforward, amount	$ 568
United States [Member] | U.S. Deferred Tax Asset [Member]
Income Taxes [Line Items]
Deferred tax assets, valuation allowance	$ 4,580		4,510
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%
Singapore [Member] | Foreign Tax Authority [Member] | Inland Revenue, Singapore (IRAS) [Member]
Income Taxes [Line Items]
Statutory tax rate	17.00%	17.00%
Foreign Subsidiaries [Member]
Income Taxes [Line Items]
Operating loss carryforward, amount	$ 2,840		2,310
Amount of undistributed earnings of foreign subsidiaries	2,580
Foreign Subsidiaries [Member] | Foreign Deferred Tax Asset [Member]
Income Taxes [Line Items]
Deferred tax assets, valuation allowance	$ 342		$ 279

Income Taxes - Components of Ne

Income Taxes - Components of Net Deferred Tax Assets (Details) - USD ($) $ in Millions	Dec. 31, 2020	Dec. 31, 2019
Deferred tax assets:
U.S. foreign tax credit carryforwards	$ 4,812	$ 4,791
Net operating loss carryforwards	466	283
Stock-based compensation	16	15
Provision for credit losses	14	14
Deferred gain on mall sale transactions	12	13
Accrued expenses	10	23
Pre-opening expenses	7	9
Other	0	1
Total deferred tax assets, gross	5,337	5,149
Less — valuation allowances	(4,922)	(4,786)
Total deferred tax assets	415	363
Deferred tax liabilities:
Property and equipment	(274)	(251)
Prepaid expenses	(4)	(5)
Other	(7)	(8)
Total deferred tax liabilities	(285)	(264)
Deferred tax assets, net	$ 130	$ 99

Income Taxes - Reconciliation o

Income Taxes - Reconciliation of Unrecognized Tax Benefits (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns [Roll Forward]
Balance at the beginning of the year	$ 134	$ 118	$ 92
Additions to tax positions related to prior years	0	1	2
Reductions to tax positions related to prior years	(14)	0	0
Additions to tax positions related to current year	11	15	24
Balance at the end of the year	$ 131	$ 134	$ 118

Fair Value Measurements - Addit

Fair Value Measurements - Additional Information (Details) - USD ($) $ in Millions	Dec. 31, 2020	Dec. 31, 2019
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	$ 726	$ 2,260

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, 2020USD ($)	Dec. 31, 2019USD ($)	Dec. 31, 2018USD ($)
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					$ 224

Leases - Additional Information

Leases - Additional Information (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2020
Lessee, Lease, Description [Line Items]
Short-term lease commitment, amount		$ 44
Operating lease, expenses incurred	$ 94
Operating leases, contingent rentals	$ 88
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, 2020	Dec. 31, 2019
Lessee, Lease, Description [Line Items]
Operating lease ROU assets		$ 178	$ 190
Finance lease ROU assets	[1]	18	17
Finance lease liability, current		13	8
Finance lease liability, noncurrent		12	9
Accumulated depreciation		$ 10,984	10,015
Operating lease ROU assets, classification on the balance sheet		us-gaap:OtherAssetsNoncurrent
Finance lease ROU assets, classification on the balance sheet		us-gaap:PropertyPlantAndEquipmentNet
Operating lease liability, current, classification on the balance sheet		lvs:AccruedLiabilitiesOtherCurrent
Finance lease liability, current, classification on the balance sheet		us-gaap:LongTermDebtAndCapitalLeaseObligationsCurrent
Operating lease liability, noncurrent, classification on the balance sheet		us-gaap:OtherLiabilitiesNoncurrent
Finance lease liability, noncurrent, classification on the balance sheet		us-gaap:LongTermDebtAndCapitalLeaseObligations
Accrued liabilities, other, current
Lessee, Lease, Description [Line Items]
Operating lease liability, current		$ 29	28
Other Long-Term Liabilities [Member]
Lessee, Lease, Description [Line Items]
Operating lease liability, noncurrent		294	305
Finance lease right of use assets [Member]
Lessee, Lease, Description [Line Items]
Accumulated depreciation	[1]	$ 13	$ 6
[1]	Finance lease ROU assets are recorded net of accumulated depreciation of $13 million and $6 million as of December 31, 2020 and 2019, respectively.

Lessee, Other Lease Information

Lessee, Other Lease Information (Details)		Dec. 31, 2020	Dec. 31, 2019
Leases [Abstract]
Operating leases, weighted average remaining lease term		31 years 4 months 24 days	31 years 7 months 6 days
Finance leases, weighted average remaining lease term		2 years 3 months 18 days	2 years 3 months 18 days
Operating leases, weighted average discount rate, percent	[1]	4.60%	4.60%
Finance leases, weighted average discount rate, percent		3.00%	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, 2020		Dec. 31, 2019	Dec. 31, 2018
Leases [Abstract]
Amortization of leasehold interests in land	$ 55		$ 51	$ 35
Operating lease cost	30		34
Short-term lease cost	10		19
Variable lease, cost	(1)	[1]	5
Amortization of ROU assets	9		5
Interest on lease liabilities	1		1
Total lease cost	$ 104		$ 115
[1]	Lease concessions were received for the year ended December 31, 2020, as a result of the COVID-19 Pandemic.

Lessee, Supplemental Cash Flow

Lessee, Supplemental Cash Flow Information Related to Leases (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Leases [Abstract]
Operating cash flows for operating leases	$ 35	$ 40
Operating cash flows for finance leases	0	1
Financing cash flows for finance leases	3	5
Right-of-use asset obtained in exchange for operating lease liability	10	14
Right-of-use asset obtained in exchange for finance lease liability	$ 24	$ 17

Lessee, Lease Liability Maturit

Lessee, Lease Liability Maturity (Details) - USD ($) $ in Millions	Dec. 31, 2020	Dec. 31, 2019
Operating Leases
2021	$ 36
2022	30
2023	24
2024	24
2025	22
Thereafter	514
Total future minimum lease payments	650
Less — amount representing interest	(327)
Present value of future minimum lease payments	323
Finance Leases
2021	14
2022	8
2023	3
2024	1
2025	0
Thereafter	0
Total future minimum lease payments	26
Less — amount representing interest	(1)
Present value of future minimum lease payments	25
Less — current lease obligations	(13)	$ (8)
Long-term lease obligations	$ 12	$ 9

Lessor, Lease Revenue Component

Lessor, Lease Revenue Components (Details) - USD ($) $ in Millions		12 Months Ended
		Dec. 31, 2020	Dec. 31, 2019
Mall
Lessor, Lease, Description [Line Items]
Minimum rents		$ 523	$ 518
Overage rents		39	98
Rent concessions	[1]	(272)	0
Overage rents and rent concessions		(233)	98
Lease revenue		290	616
Other
Lessor, Lease, Description [Line Items]
Minimum rents		8	15
Overage rents		1	2
Rent concessions	[1]	(2)	0
Overage rents and rent concessions		(1)	2
Lease revenue		$ 7	$ 17
[1]	Rent concessions were provided for the periods presented to tenants as a result of the COVID-19 Pandemic and the impact on mall and other operations.

Lessor, Future Minimum Rentals

Lessor, Future Minimum Rentals (Details) $ in Millions	Dec. 31, 2020USD ($)
Mall
Lessor, Lease, Description [Line Items]
2021	$ 466
2022	361
2023	277
2024	213
2025	160
Thereafter	463
Total minimum future rentals	1,940
Other
Lessor, Lease, Description [Line Items]
2021	9
2022	6
2023	5
2024	3
2025	2
Thereafter	3
Total minimum future rentals	$ 28

Lessor, Leased Property and Equ

Lessor, Leased Property and Equipment (Details) - USD ($) $ in Millions	Dec. 31, 2020	Dec. 31, 2019
Lessor, Lease, Description [Line Items]
Property and equipment, at cost	$ 26,093	$ 24,859
Accumulated depreciation	(10,984)	(10,015)
Property and equipment, net	15,109	14,844
Assets Leased to Others [Member]
Lessor, Lease, Description [Line Items]
Property and equipment, at cost	1,405	1,320
Accumulated depreciation	(578)	(532)
Property and equipment, net	$ 827	$ 788

Commitments and Contingencies -

Commitments and Contingencies - Additional Information (Details)	Jul. 15, 2019MOP (MOP$)	Jul. 15, 2019USD ($)	Jan. 19, 2012MOP (MOP$)	Jan. 19, 2012USD ($)	Dec. 31, 2020MOP (MOP$)	Dec. 31, 2020USD ($)
Subconcession [Member] | Macao [Member]
Commitments and Contingencies [Line Items]
Annual premium, fixed portion (patacas converted to USD at balance sheet date)					MOP$ 30000000	$ 4,000,000
Annual premium, variable portion, minimum (patacas converted to USD at balance sheet date)					MOP$ 45000000	$ 6,000,000
Tax on gross gaming revenue, percent					35.00%	35.00%
Percentage contribution of revenue to utilities					4.00%	4.00%
Other commitment, due 2021						$ 41,000,000
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)					MOP$ 300000	37,570
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)					150,000	18,785
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)					MOP$ 1000	$ 125
Asian American Entertainment Corporation Limited [Member]
Commitments and Contingencies [Line Items]
Loss contingency, damages sought (patacas converted to USD at balance sheet date)	MOP$ 96450000000	$ 12,080,000,000	MOP$ 3000000000.0	$ 376,000,000

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, 2020USD ($)OptionPlanshares	Dec. 31, 2019USD ($)
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 | $		$ 205	$ 378
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 (in years)		10 years
Number of additional shares authorized | shares	10,000,000
Shares available for grant | shares		8,998,486
Maximum contractual term of outstanding stock options (in years)		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 | $		$ 18
Expected weighted average period for recognition of stock option (in years)		2 years 4 months 24 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 (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 (in years)		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 | $		$ 14
Expected weighted average period for recognition of stock option (in years)		1 year 10 months 24 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 | $		$ 3
Unrecognized compensation cost related to unvested equity-based awards | $		$ 9
Expected weighted average period for recognition of stock option (in years)		1 year 10 months 24 days

Stock-Based Employee Compensa_4

Stock-Based Employee Compensation - Black-Scholes Option-Pricing Model Weighted Average Assumptions (Details)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
LVSC 2004 Plan [Member]
Black-Scholes option-pricing model, weighted average assumptions
Weighted average volatility	23.80%	24.10%	25.80%
Expected term (in years)	5 years 6 months	5 years 6 months	6 years 8 months 12 days
Risk-free rate	1.30%	2.10%	2.90%
Expected dividend yield	4.60%	5.20%	5.70%
SCL Equity Plan [Member]
Black-Scholes option-pricing model, weighted average assumptions
Weighted average volatility	0.00%	36.90%	36.00%
Expected term (in years)	0 years	4 years 9 months 18 days	4 years 8 months 12 days
Risk-free rate	0.00%	1.70%	1.70%
Expected dividend yield	0.00%	5.00%	5.80%

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, 2020	Dec. 31, 2019	Dec. 31, 2018
LVSC 2004 Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]
Outstanding, beginning balance (in shares)	8,515,855
Granted (in shares)	875,474	1,204,145	3,124,168
Exercised (in shares)	(342,700)
Forfeited or expired (in shares)	(111,363)
Outstanding, ending balance (in shares)	8,937,266	8,515,855
Exercisable as of the end of the period (in shares)	4,597,701
Outstanding, beginning balance, weighted average exercise price (in usd per share)	$ 56.33
Granted, weighted average exercise price (in usd per share)	64.82
Exercised, weighted average exercise price (in usd per share)	51.25
Forfeited or expired, weighted average exercise price (in usd per share)	72.44
Outstanding, ending balance, weighted average exercise price (in usd per share)	57.16	$ 56.33
Exercisable as of the end of the period, weighted average exercise price (in usd per share)	$ 58.52
Outstanding, weighted average remaining contractual life (in years)	6 years 7 months 9 days
Exercisable, weighted average remaining contractual life (in years)	5 years 1 month 20 days
Outstanding, aggregate intrinsic value	$ 38
Exercisable, aggregate intrinsic value	$ 14
SCL Equity Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]
Outstanding, beginning balance (in shares)	64,874,150
Granted (in shares)	0	19,409,600	18,872,800
Exercised (in shares)	(1,766,550)
Forfeited or expired (in shares)	(8,689,800)
Outstanding, ending balance (in shares)	54,417,800	64,874,150
Exercisable as of the end of the period (in shares)	32,903,000
Outstanding, beginning balance, weighted average exercise price (in usd per share)	$ 4.99
Granted, weighted average exercise price (in usd per share)	0
Exercised, weighted average exercise price (in usd per share)	3.41
Forfeited or expired, weighted average exercise price (in usd per share)	5.51
Outstanding, ending balance, weighted average exercise price (in usd per share)	4.96	$ 4.99
Exercisable as of the end of the period, weighted average exercise price (in usd per share)	$ 4.85
Outstanding, weighted average remaining contractual life (in years)	6 years 6 months 10 days
Exercisable, weighted average remaining contractual life (in years)	5 years 9 months 7 days
Outstanding, aggregate intrinsic value	$ 9
Exercisable, aggregate intrinsic value	$ 9

Stock-Based Employee Compensa_6

Stock-Based Employee Compensation - Summary of Unvested Restricted Stock and Stock Units (Details) - $ / shares	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
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)	19,337
Granted (in shares)	17,512	11,039	10,296
Vested (in shares)	(19,337)
Forfeited (in shares)	(2,189)
Unvested, ending balance (in shares)	15,323	19,337
Unvested, weighted average grant date fair value, beginning balance (in usd per share)	$ 60
Granted, weighted average grant date fair value (in usd per share)	45.68	$ 63.40	$ 77.68
Vested, weighted average grant date fair value (in usd per share)	60
Forfeited, weighted average grant date fair value (in usd per share)	45.68
Unvested, weighted average grant date fair value, ending balance (in usd per share)	$ 45.68	$ 60
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)	1,407,200
Granted (in shares)	2,337,200	1,412,400	0
Vested (in shares)	(244,500)
Forfeited (in shares)	(137,200)
Unvested, ending balance (in shares)	3,362,700	1,407,200
Unvested, weighted average grant date fair value, beginning balance (in usd per share)	$ 4.99
Granted, weighted average grant date fair value (in usd per share)	4.11	$ 4.99	$ 0
Vested, weighted average grant date fair value (in usd per share)	4.09
Forfeited, weighted average grant date fair value (in usd per share)	4.97
Unvested, weighted average grant date fair value, ending balance (in usd per share)	$ 4.44	$ 4.99

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, 2020	Dec. 31, 2019	Dec. 31, 2018
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Share-based compensation expense	[1]	$ 28	$ 36	$ 30
Income tax benefit recognized in the consolidated statements of operations		2	4	4
Compensation cost capitalized as part of property and equipment		1	1	1
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Proceeds from exercise of stock options		24	54	79
LVSC 2004 Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock options exercised, intrinsic value		5	11	16
Proceeds from exercise of stock options		18	26	56
SCL Equity Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock options exercised, intrinsic value		2	12	12
Proceeds from exercise of stock options		6	28	23
Stock Option [Member]
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Share-based compensation expense		$ 21	$ 34	$ 29
Stock Option [Member] | LVSC 2004 Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock options granted (in shares)		875,474	1,204,145	3,124,168
Stock options granted, weighted average grant date fair value (in usd per share)		$ 7.79	$ 7.23	$ 7.52
Stock Option [Member] | SCL Equity Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock options granted (in shares)		0	19,409,600	18,872,800
Stock options granted, weighted average grant date fair value (in usd per share)		$ 0	$ 1.03	$ 1.01
Restricted Stock And Stock Units [Member]
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Share-based compensation expense		$ 7	$ 2	$ 1
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)		17,512	11,039	10,296
Restricted stock award units granted, weighted average grant date fair value (in usd per share)		$ 45.68	$ 63.40	$ 77.68
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)		2,337,200	1,412,400	0
Restricted stock award units granted, weighted average grant date fair value (in usd per share)		$ 4.11	$ 4.99	$ 0
[1]	During the years ended December 31, 2020, 2019 and 2018, the Company recorded stock-based compensation expense of $28 million, $36 million and $30 million, respectively, of which $12 million, $22 million and $18 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, 2020	Dec. 31, 2019	Dec. 31, 2018
Related Party Transaction [Line Items]
Related party receivables	$ 6	$ 3
Related party payables	1	2
Lodging, Food & Beverage and Other [Member] | Principal Stockholder and His Family [Member]
Related Party Transaction [Line Items]
Goods and services sold to related party	1	2	$ 3
Lodging, Food & Beverage and Other [Member] | Principal Stockholder [Member]
Related Party Transaction [Line Items]
Expense from goods and services provided by related party	2	3	3
Aircraft, Yacht and Other [Member] | Principal Stockholder [Member]
Related Party Transaction [Line Items]
Expense from goods and services provided by related party	5	9	6
Aviation [Member] | Principal Stockholder [Member]
Related Party Transaction [Line Items]
Goods and services sold to related party	$ 18	25	20
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, 2020	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2019		Sep. 30, 2019	Jun. 30, 2019		Mar. 31, 2019	Dec. 31, 2020	Dec. 31, 2019		Dec. 31, 2018
Segment Reporting Information [Line Items]
Net revenues			$ 1,146	$ 586	$ 98	$ 1,782	$ 3,509		$ 3,250	$ 3,334		$ 3,646	$ 3,612	$ 13,739		$ 13,729
Adjusted property EBITDA	[1]												(172)	5,389		5,279
Stock-based compensation	[2]												(16)	(14)		(12)
Corporate													(168)	(313)		(202)
Pre-opening													(19)	(34)		(6)
Development													(18)	(24)		(12)
Depreciation and amortization													(1,160)	(1,165)		(1,111)
Amortization of leasehold interests in land													(55)	(51)		(35)
Loss on disposal or impairment of assets													(80)	(90)		(150)
Operating income (loss)			(211)	(610)	(922)	55	934		899	894		971	(1,688)	3,698		3,751
Interest income													21	74		59
Interest expense, net of amounts capitalized													(536)	(555)		(446)
Other income													22	23		26
Gain on sale of Sands Bethlehem													0	556		0
Loss on modification or early retirement of debt													0	(24)		(64)
Income tax (expense) benefit													38	(468)		(375)
Net income (loss)			(376)	$ (731)	$ (985)	$ (51)	783		$ 669	$ 1,108	[3]	$ 744	(2,143)	3,304		2,951
Total stock-based compensation expense	[2]												28	36		30
Stock-based compensation expense included in corporate expense	[2]												12	22		18
Capital expenditures													1,330	1,216		949
Assets			20,807				23,199						20,807	23,199		22,547
Long-lived assets	[4]		17,365				17,116						17,365	17,116		16,352
Corporate and Other [Member]
Segment Reporting Information [Line Items]
Capital expenditures													5	59		81
Assets			839				1,390						839	1,390		1,296
Long-lived assets	[4]		308				311						308	311		281
Macao [Member]
Segment Reporting Information [Line Items]
Net revenues													1,707	8,834		8,689
Adjusted property EBITDA													(431)	3,189		3,079
Capital expenditures													1,058	762		535
Assets			10,527				11,817						10,527	11,817		11,617
Long-lived assets	[4]		9,360				8,937						9,360	8,937		8,612
Macao [Member] | The Venetian Macao [Member]
Segment Reporting Information [Line Items]
Net revenues													738	3,510		3,474
Adjusted property EBITDA													(53)	1,407		1,378
Capital expenditures													140	131		180
Assets			2,446				3,243						2,446	3,243		3,403
Long-lived assets	[4]		1,705				1,740						1,705	1,740		1,750
Macao [Member] | The Londoner Macao [Member]
Segment Reporting Information [Line Items]
Net revenues													297	2,052		2,153
Adjusted property EBITDA													(184)	726		759
Loss on disposal or impairment of assets													(56)
Capital expenditures													739	282		131
Assets			4,298				4,504						4,298	4,504		4,295
Long-lived assets	[4]		4,162				3,591						4,162	3,591		3,414
Macao [Member] | The Parisian Macao [Member]
Segment Reporting Information [Line Items]
Net revenues													259	1,650		1,533
Adjusted property EBITDA													(131)	544		484
Capital expenditures													11	32		131
Assets			2,119				2,351						2,119	2,351		2,455
Long-lived assets	[4]		2,067				2,203						2,067	2,203		2,317
Macao [Member] | The Plaza Macao and Four Seasons Hotel Macao [Member]
Segment Reporting Information [Line Items]
Net revenues													265	877		719
Adjusted property EBITDA													33	345		262
Capital expenditures													157	298		63
Assets			1,203				1,239						1,203	1,239		883
Long-lived assets	[4]		1,135				1,112						1,135	1,112		772
Macao [Member] | Sands Macao [Member]
Segment Reporting Information [Line Items]
Net revenues													120	628		650
Adjusted property EBITDA													(76)	175		178
Capital expenditures													9	16		29
Assets			320				324						320	324		322
Long-lived assets	[4]		218				237						218	237		229
Macao [Member] | Ferry Operations and Other [Member]
Segment Reporting Information [Line Items]
Net revenues													28	117		160
Adjusted property EBITDA													(20)	(8)		18
Loss on disposal or impairment of assets														(65)
Capital expenditures													2	3		1
Assets			141				156						141	156		259
Long-lived assets	[4]		73				54						73	54		130
Singapore [Member] | Marina Bay Sands [Member]
Segment Reporting Information [Line Items]
Net revenues													1,261	3,101		3,069
Adjusted property EBITDA													383	1,661		1,690
Capital expenditures													164	195		182
Assets			5,592				5,880						5,592	5,880		4,674
Long-lived assets	[4]		4,989				5,063						4,989	5,063		4,148
United States [Member]
Segment Reporting Information [Line Items]
Net revenues														2,045		2,218
Adjusted property EBITDA													(124)	539		510
Capital expenditures													103	200		151
Assets			3,849				4,112						3,849	4,112		4,960
Long-lived assets	[4]		2,708				2,805						2,708	2,805		3,311
United States [Member] | Las Vegas Operating Properties [Member]
Segment Reporting Information [Line Items]
Net revenues													738	1,818		1,682
Adjusted property EBITDA													(124)	487		394
Capital expenditures													103	198		127
Assets			3,849				4,112						3,849	4,112		4,321
Long-lived assets	[4]		2,708				2,805						2,708	2,805		2,762
United States [Member] | Sands Bethlehem [Member]
Segment Reporting Information [Line Items]
Net revenues														227	[5]	536
Adjusted property EBITDA													0	52	[5]	116
Gain on sale of Sands Bethlehem	[3]	$ 556
Capital expenditures													0	2	[5]	24
Assets			0				0	[6]					0	0	[6]	639
Long-lived assets	[4]		$ 0				$ 0	[6]					0	0	[6]	549
Intersegment Eliminations [Member]
Segment Reporting Information [Line Items]
Net revenues	[7]												(94)	(241)		(247)
Intersegment Eliminations [Member] | Macao [Member]
Segment Reporting Information [Line Items]
Net revenues													(24)	(31)		(29)
Intersegment Eliminations [Member] | Macao [Member] | The Venetian Macao [Member]
Segment Reporting Information [Line Items]
Net revenues													(4)	(4)		(4)
Intersegment Eliminations [Member] | Macao [Member] | The Londoner Macao [Member]
Segment Reporting Information [Line Items]
Net revenues													(1)	0		0
Intersegment Eliminations [Member] | Macao [Member] | Ferry Operations and Other [Member]
Segment Reporting Information [Line Items]
Net revenues													(19)	(27)		(25)
Intersegment Eliminations [Member] | Singapore [Member] | Marina Bay Sands [Member]
Segment Reporting Information [Line Items]
Net revenues													(4)	(4)		(9)
Intersegment Eliminations [Member] | United States [Member] | Las Vegas Operating Properties [Member]
Segment Reporting Information [Line Items]
Net revenues													(66)	(206)		(209)
Casino [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer													2,268	9,828		9,819
Net revenues													2,268	9,828		9,819
Casino [Member] | Macao [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer													1,169	7,018		6,816
Casino [Member] | Macao [Member] | The Venetian Macao [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer													531	2,875		2,829
Casino [Member] | Macao [Member] | The Londoner Macao [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer													192	1,541		1,622
Casino [Member] | Macao [Member] | The Parisian Macao [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer													180	1,376		1,265
Casino [Member] | Macao [Member] | The Plaza Macao and Four Seasons Hotel Macao [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer													159	650		502
Casino [Member] | Macao [Member] | Sands Macao [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer													107	576		598
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													872	2,167		2,178
Casino [Member] | United States [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer														643		825
Casino [Member] | United States [Member] | Las Vegas Operating Properties [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer													227	444		357
Casino [Member] | United States [Member] | Sands Bethlehem [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer														199	[5]	468
Casino [Member] | Intersegment Eliminations [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer	[7]												0	0		0
Rooms [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer													498	1,752		1,733
Net revenues													498	1,752		1,733
Rooms [Member] | Macao [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer													144	731		734
Rooms [Member] | Macao [Member] | The Venetian Macao [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer													46	222		223
Rooms [Member] | Macao [Member] | The Londoner Macao [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer													42	320		331
Rooms [Member] | Macao [Member] | The Parisian Macao [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer													33	130		124
Rooms [Member] | Macao [Member] | The Plaza Macao and Four Seasons Hotel Macao [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer													17	41		39
Rooms [Member] | Macao [Member] | Sands Macao [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer													6	18		17
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													136	404		393
Rooms [Member] | United States [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer														617		606
Rooms [Member] | United States [Member] | Las Vegas Operating Properties [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer													218	610		590
Rooms [Member] | United States [Member] | Sands Bethlehem [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer														7	[5]	16
Rooms [Member] | Intersegment Eliminations [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer	[7]												0	0		0
Food and Beverage [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer													283	897		865
Net revenues													283	897		865
Food and Beverage [Member] | Macao [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer													59	298		304
Food and Beverage [Member] | Macao [Member] | The Venetian Macao [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer													14	73		81
Food and Beverage [Member] | Macao [Member] | The Londoner Macao [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer													17	97		102
Food and Beverage [Member] | Macao [Member] | The Parisian Macao [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer													14	70		65
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													9	31		29
Food and Beverage [Member] | Macao [Member] | Sands Macao [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer													5	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													97	241		211
Food and Beverage [Member] | United States [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer														358		350
Food and Beverage [Member] | United States [Member] | Las Vegas Operating Properties [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer													127	347		324
Food and Beverage [Member] | United States [Member] | Sands Bethlehem [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer														11	[5]	26
Food and Beverage [Member] | Intersegment Eliminations [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer	[7]												0	0		0
Mall [Member]
Segment Reporting Information [Line Items]
Net revenues													381	716		690
Mall [Member] | Macao [Member]
Segment Reporting Information [Line Items]
Net revenues													271	532		508
Mall [Member] | Macao [Member] | The Venetian Macao [Member]
Segment Reporting Information [Line Items]
Net revenues													126	254		234
Mall [Member] | Macao [Member] | The Londoner Macao [Member]
Segment Reporting Information [Line Items]
Net revenues													38	71		69
Mall [Member] | Macao [Member] | The Parisian Macao [Member]
Segment Reporting Information [Line Items]
Net revenues													27	53		57
Mall [Member] | Macao [Member] | The Plaza Macao and Four Seasons Hotel Macao [Member]
Segment Reporting Information [Line Items]
Net revenues													79	151		145
Mall [Member] | Macao [Member] | Sands Macao [Member]
Segment Reporting Information [Line Items]
Net revenues													1	3		3
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													112	185		179
Mall [Member] | United States [Member]
Segment Reporting Information [Line Items]
Net revenues														1		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	[5]	4
Mall [Member] | Intersegment Eliminations [Member]
Segment Reporting Information [Line Items]
Net revenues	[7]												(2)	(2)		(1)
Convention, Retail and Other [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer													182	546		622
Net revenues													182	546		622
Convention, Retail and Other [Member] | Macao [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer													64	255		327
Convention, Retail and Other [Member] | Macao [Member] | The Venetian Macao [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer													21	86		107
Convention, Retail and Other [Member] | Macao [Member] | The Londoner Macao [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer													8	23		29
Convention, Retail and Other [Member] | Macao [Member] | The Parisian Macao [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer													5	21		22
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													1	4		4
Convention, Retail and Other [Member] | Macao [Member] | Sands Macao [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer													1	4		5
Convention, Retail and Other [Member] | Macao [Member] | Ferry Operations and Other [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer													28	117		160
Convention, Retail and Other [Member] | Singapore [Member] | Marina Bay Sands [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer													44	104		108
Convention, Retail and Other [Member] | United States [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer														426		433
Convention, Retail and Other [Member] | United States [Member] | Las Vegas Operating Properties [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer													166	417		411
Convention, Retail and Other [Member] | United States [Member] | Sands Bethlehem [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer														9	[5]	22
Convention, Retail and Other [Member] | Intersegment Eliminations [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer	[7]												$ (92)	$ (239)		$ (246)
[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, 2020, 2019 and 2018, the Company recorded stock-based compensation expense of $28 million, $36 million and $30 million, respectively, of which $12 million, $22 million and $18 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]	Long-lived assets include property and equipment, net of accumulated depreciation and amortization, and leasehold interests in land, net of accumulated amortization.
[5]	The Company completed the sale of Sands Bethlehem on May 31, 2019. Results of operations include Sands Bethlehem through May 30, 2019.
[6]	The Company completed the sale of Sands Bethlehem on May 31, 2019.
[7]	Intercompany eliminations include royalties and other intercompany services.

Selected Quarterly Financial _3

Selected Quarterly Financial Results (Unaudited) (Details) - USD ($) $ / shares in Units, $ in Millions		May 31, 2019	Dec. 31, 2020	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019		Mar. 31, 2019	Dec. 31, 2020	Dec. 31, 2019		Dec. 31, 2018
Schedule Of Quarterly Financial Data [Line Items]
Net revenues			$ 1,146	$ 586	$ 98	$ 1,782	$ 3,509	$ 3,250	$ 3,334		$ 3,646	$ 3,612	$ 13,739		$ 13,729
Operating income (loss)			(211)	(610)	(922)	55	934	899	894		971	(1,688)	3,698		3,751
Net income (loss)			(376)	(731)	(985)	(51)	783	669	1,108	[1]	744	(2,143)	3,304		2,951
Net income (loss) attributable to Las Vegas Sands Corp.			$ (299)	$ (565)	$ (820)	$ (1)	$ 629	$ 533	$ 954	[1]	$ 582	$ (1,685)	$ 2,698		$ 2,413
Basic earnings (loss) per share (in usd per share)			$ (0.39)	$ (0.74)	$ (1.07)	$ 0	$ 0.82	$ 0.69	$ 1.24	[1]	$ 0.75	$ (2.21)	$ 3.50		$ 3.07
Diluted earnings (loss) per share (in usd per share)			$ (0.39)	$ (0.74)	$ (1.07)	$ 0	$ 0.82	$ 0.69	$ 1.24	[1]	$ 0.75	$ (2.21)	$ 3.50		$ 3.07
Gain on sale of Sands Bethlehem												$ 0	$ 556		$ 0
United States [Member]
Schedule Of Quarterly Financial Data [Line Items]
Net revenues													2,045		2,218
Sands Bethlehem [Member] | United States [Member]
Schedule Of Quarterly Financial Data [Line Items]
Net revenues													$ 227	[2]	$ 536
Gain on sale of Sands Bethlehem	[1]	$ 556
[1]	During Q2 2019, the Company closed the sale of Sands Bethlehem and recorded a gain on the sale of $556 million.
[2]	The Company completed the sale of Sands Bethlehem on May 31, 2019. Results of operations include Sands Bethlehem through May 30, 2019.

Schedule II - Valuation and Q_2

Schedule II - Valuation and Qualifying Accounts (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
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	$ 282	$ 324	$ 442
Additions	99	30	5
Write-offs, net of recoveries	(67)	(72)	(123)
Balance at end of year	314	282	324
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	4,786	4,769	4,690
Additions	138	29	105
Deductions	(2)	(12)	(26)
Balance at end of year	$ 4,922	$ 4,786	$ 4,769