Las Vegas Sands (LVS) 10-K7 Feb 242023 FY Annual reportFinancial data

Company Profile

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
Document and Entity Information - USD ($)	Dec. 31, 2023	Jan. 31, 2024	Jun. 30, 2023
Cover [Abstract]
Document type	10-K
Document annual report	true
Current fiscal year end date	--12-31
Document period end date	Dec. 31, 2023
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	5420 S. Durango Dr.
Entity address, city or town	Las Vegas,
Entity address, state or province	NV
Entity address, postal zip code	89113
City area code	702
Local phone number	923-9000
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
Document financial statement error correction	false
Entity shell company	false
Entity public float			$ 19,205,929,006
Entity common stock, shares outstanding		753,621,428
Documents incorporated by reference	Portions of the definitive Proxy Statement to be used in connection with the registrant's 2024 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	2023
Document fiscal period focus	FY
Amendment flag	false

Audit Information

Audit Information	12 Months Ended
Audit Information	Dec. 31, 2023
Audit Information [Abstract]
Auditor firm ID	34
Auditor name	Deloitte & Touche LLP
Auditor location	Las Vegas, Nevada

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) shares in Millions, $ in Millions	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 5,105	$ 6,311
Accounts receivable, net of provision for credit losses of $201 and $217	484	267
Inventories	38	28
Prepaid expenses and other	150	138
Total current assets	5,777	6,744
Loan receivable	1,194	1,165
Property and equipment, net	11,439	11,451
Restricted cash	124	125
Deferred income taxes, net	121	131
Leasehold interests in land, net	2,249	2,128
Goodwill and intangible assets, net	598	64
Other assets, net	276	231
Total assets	21,778	22,039
Current liabilities:
Accounts payable	167	89
Construction payables	146	189
Other accrued liabilities	1,948	1,458
Income taxes payable	261	135
Current maturities of long-term debt	1,900	2,031
Total current liabilities	4,422	3,902
Other long-term liabilities	936	382
Deferred income taxes	187	152
Long-term debt	12,129	13,947
Total liabilities	17,674	18,383
Commitments and contingencies (Note 17)
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, 753 and 764 shares outstanding	1	1
Treasury stock, at cost, 80 and 69 shares	(4,991)	(4,481)
Capital in excess of par value	6,481	6,684
Accumulated other comprehensive income (loss)	27	(7)
Retained earnings	2,600	1,684
Total Las Vegas Sands Corp. stockholders' equity	4,118	3,881
Noncontrolling interests	(14)	(225)
Total equity	4,104	3,656
Total liabilities and equity	$ 21,778	$ 22,039
Treasury stock, shares	80	69
Common stock, shares outstanding	753	764
Common stock, shares issued	833	833

CONSOLIDATED BALANCE SHEETS (PA

CONSOLIDATED BALANCE SHEETS (PARENTHETICAL) - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022
Statement of Financial Position [Abstract]
Accounts receivable, allowance for credit loss	$ 201	$ 217
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	753,000,000	764,000,000
Treasury stock, shares	80,000,000	69,000,000

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Millions, $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Revenues:
Net revenues	$ 10,372	$ 4,110	$ 4,234
Operating expenses:
Provision for credit losses	4	15	3
General and administrative	1,107	936	831
Corporate	230	235	211
Pre-opening	15	13	19
Development	205	143	109
Depreciation and amortization	1,208	1,036	1,041
Amortization of leasehold interests in land	58	55	56
Loss on disposal or impairment of assets	27	9	27
Total operating expenses	8,059	4,902	4,923
Operating income (loss)	2,313	(792)	(689)
Other income (expense):
Interest income	288	116	4
Interest expense, net of amounts capitalized	(818)	(702)	(621)
Other expense	(8)	(9)	(31)
Loss on modification or early retirement of debt	0	0	(137)
Income (loss) from continuing operations before income taxes	1,775	(1,387)	(1,474)
Income tax (expense) benefit	(344)	(154)	5
Net income (loss) from continuing operations	1,431	(1,541)	(1,469)
Income from operations of discontinued operations, net of tax	0	46	193
Gain on disposal of discontinued operations, net of tax	0	2,861	0
Adjustment to gain on disposal of discontinued operations, net of tax	0	(9)	0
Net income (loss) from discontinued operations	0	2,898	193
Net income (loss)	1,431	1,357	(1,276)
Net (income) loss attributable to noncontrolling interests from continuing operations	(210)	475	315
Net income (loss) attributable to Las Vegas Sands Corp.	$ 1,221	$ 1,832	$ (961)
Earnings (loss) per share
Income (loss) from continuing operations, per basic share	$ 1.60	$ (1.40)	$ (1.51)
Income (loss) from discontinued operations, net of tax, per basic share	0	3.80	0.25
Basic (in usd per share)	1.60	2.40	(1.26)
Income (loss) from continuing operations, per diluted share	1.60	(1.40)	(1.51)
Income (loss) from discontinued operations, net of tax, per diluted share	0	3.80	0.25
Diluted (in usd per share)	$ 1.60	$ 2.40	$ (1.26)
Weighted average shares outstanding:
Basic (in shares)	763	764	764
Diluted (in shares)	765	764	764
Casino [Member]
Revenues:
Net revenues	$ 7,522	$ 2,627	$ 2,892
Operating expenses:
Cost of revenue	4,152	1,792	2,068
Rooms [Member]
Revenues:
Net revenues	1,204	469	415
Operating expenses:
Cost of revenue	283	173	164
Food and Beverage [Member]
Revenues:
Net revenues	584	301	199
Operating expenses:
Cost of revenue	481	319	244
Mall [Member]
Revenues:
Net revenues	767	580	649
Operating expenses:
Cost of revenue	88	73	65
Convention, Retail and Other [Member]
Revenues:
Net revenues	295	133	79
Operating expenses:
Cost of revenue	$ 201	$ 103	$ 85

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Statement of Comprehensive Income [Abstract]
Net income (loss)	$ 1,431	$ 1,357	$ (1,276)
Currency translation adjustment	37	14	(51)
Cash flow hedge fair value adjustment	(3)	(3)	(4)
Total comprehensive income (loss)	1,465	1,368	(1,331)
Comprehensive (income) loss attributable to noncontrolling interests	(210)	479	319
Comprehensive income (loss) attributable to Las Vegas Sands Corp.	$ 1,255	$ 1,847	$ (1,012)

CONSOLIDATED STATEMENTS OF EQUI

CONSOLIDATED STATEMENTS OF EQUITY - USD ($) $ in Millions	Total	Common Stock [Member]	Treasury Stock, Common [Member]	Capital in Excess of Par Value [Member]	Accumulated Other Comprehensive Income (Loss) [Member]	Retained Earnings (Loss) [Member]	Noncontrolling Interests [Member]
Beginning balance at Dec. 31, 2020	$ 3,538	$ 1	$ (4,481)	$ 6,611	$ 29	$ 813	$ 565
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	(1,276)					(961)	(315)
Currency translation adjustment	(51)				(48)		(3)
Cash flow hedge fair value adjustment	(4)				(3)		(1)
Exercise of stock options	19			15			4
Stock-based compensation	22			20			2
Ending balance at Dec. 31, 2021	2,248	1	(4,481)	6,646	(22)	(148)	252
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	1,357					1,832	(475)
Currency translation adjustment	14				17		(3)
Cash flow hedge fair value adjustment	(3)				(2)		(1)
Stock-based compensation	41			39			2
Tax withholding on vesting of equity awards	(1)			(1)
Ending balance at Dec. 31, 2022	3,656	1	(4,481)	6,684	(7)	1,684	(225)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	1,431					1,221	210
Currency translation adjustment	37				36		1
Cash flow hedge fair value adjustment	(3)				(2)		(1)
Exercise of stock options	4			4
Stock-based compensation	46			45			1
Tax withholding on vesting of equity awards	(2)			(2)
Repurchase of common stock	510		510
Unsettled forward contract for purchase of noncontrolling interest	250			250
Dividends declared and noncontrolling interest payments	(305)					(305)
Ending balance at Dec. 31, 2023	$ 4,104	$ 1	$ (4,991)	$ 6,481	$ 27	$ 2,600	$ (14)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Common stock, dividends declared (per share)	$ 0.40

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	12 Months Ended
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Cash flows from operating activities from continuing operations:
Net income (loss) from continuing operations	$ 1,431,000,000	$ (1,541,000,000)	$ (1,469,000,000)
Adjustments to reconcile net income (loss) to net cash used in operating activities:
Depreciation and amortization	1,208,000,000	1,036,000,000	1,041,000,000
Amortization of leasehold interests in land	58,000,000	55,000,000	56,000,000
Amortization of deferred financing costs and original issue discount	61,000,000	57,000,000	52,000,000
Change in fair value of derivative asset/liability	(1,000,000)	1,000,000	(1,000,000)
Paid-in-kind interest income	(30,000,000)	(15,000,000)	0
Loss on modification or early retirement of debt	0	0	137,000,000
Loss on disposal or impairment of assets	11,000,000	7,000,000	16,000,000
Stock-based compensation expense	44,000,000	39,000,000	22,000,000
Provision for credit losses	4,000,000	15,000,000	3,000,000
Foreign exchange (gain) loss	7,000,000	(10,000,000)	34,000,000
Deferred income taxes	44,000,000	(2,000,000)	(45,000,000)
Income tax impact related to gain on sale of Las Vegas Operations	0	(750,000,000)	0
Changes in operating assets and liabilities:
Accounts receivable	(217,000,000)	(78,000,000)	43,000,000
Other assets	(50,000,000)	2,000,000	(5,000,000)
Accounts payable	76,000,000	11,000,000	(11,000,000)
Other liabilities	581,000,000	229,000,000	(116,000,000)
Net cash generated from (used in) operating activities from continuing operations	3,227,000,000	(944,000,000)	(243,000,000)
Cash flows from investing activities from continuing operations:
Capital expenditures	(1,017,000,000)	(651,000,000)	(828,000,000)
Proceeds from disposal of property and equipment	3,000,000	9,000,000	7,000,000
Acquisition of intangible assets and other	(240,000,000)	(129,000,000)	(11,000,000)
Proceeds from loan receivable	0	50,000,000	0
Net cash used in investing activities from continuing operations	(1,254,000,000)	(721,000,000)	(832,000,000)
Cash flows from financing activities from continuing operations:
Proceeds from exercise of stock options	4,000,000	0	19,000,000
Tax withholding on vesting of equity awards	(2,000,000)	(1,000,000)	0
Repurchase of common stock	(505,000,000)	0	0
Dividends paid	(305,000,000)	0	0
Proceeds from long-term debt	0	1,200,000,000	2,702,000,000
Repayments of long-term debt	(2,069,000,000)	(66,000,000)	(1,867,000,000)
Payments of financing costs	(32,000,000)	(11,000,000)	(38,000,000)
Unsettled forward contract for purchase of noncontrolling interest	(250,000,000)	0	0
Other	(29,000,000)	0	0
Make-whole premium on early extinguishment of debt	0	0	(131,000,000)
Transactions with discontinued operations	0	5,032,000,000	178,000,000
Net cash generated from (used in) financing activities from continuing operations	(3,188,000,000)	6,154,000,000	863,000,000
Cash flows from discontinued operations:
Net cash generated from operating activities	0	149,000,000	258,000,000
Net cash generated from (used in) investing activities	0	4,883,000,000	(63,000,000)
Net cash provided to continuing operations and used in financing activities	0	(5,032,000,000)	(179,000,000)
Net cash generated from discontinued operations	0	0	16,000,000
Effect of exchange rate on cash, cash equivalents and restricted cash and cash equivalents	8,000,000	22,000,000	(16,000,000)
Increase (decrease) in cash, cash equivalents and restricted cash and cash equivalents	(1,207,000,000)	4,511,000,000	(212,000,000)
Cash, cash equivalents and restricted cash and cash equivalents at beginning of year	6,436,000,000	1,925,000,000	2,137,000,000
Cash, cash equivalents and restricted cash and cash equivalents at end of year	5,229,000,000	6,436,000,000	1,925,000,000
Less: cash and cash equivalents at end of period for discontinued operations	0	0	(55,000,000)
Cash, cash equivalents and restricted cash and cash equivalents at end of period for continuing operations	$ 5,229,000,000	$ 6,436,000,000	$ 1,870,000,000

CONSOLIDATED STATEMENTS OF CA_2

CONSOLIDATED STATEMENTS OF CASH FLOWS (Parenthetical) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Supplemental disclosure of cash flow information:
Cash payments for interest, net of amounts capitalized	$ 746	$ 614	$ 591
Cash payments for taxes, net of refunds	176	649	86
Changes in construction payables	$ (43)	$ (38)	$ (109)

Organization and Business of Co

Organization and Business of Company	12 Months Ended
Organization and Business of Company	Dec. 31, 2023
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. Macao From 2020 through the beginning of 2023, the Company’s operations in Macao were negatively impacted by the reduction in travel and tourism related to the COVID-19 pandemic. The Macao government's policy regarding the management of COVID-19 and general travel restrictions was relaxed in late December 2022 and early January 2023. Since then, visitation to the Company's Macao Integrated Resorts and operations has improved. The Macao government announced total visitation from mainland China to Macao increased approximately 273.1% and decreased approximately 31.8%, during the year ended December 31, 2023, as compared to the same period in 2022 and 2019 (pre-pandemic), respectively. The Macao government also announced gross gaming revenue increased approximately 333.8% and decreased approximately 37.4%, during the year ended December 31, 2023, as compared to 2022 and 2019, respectively. Singapore From 2020 through early 2022, the Company’s operations in Singapore were negatively impacted by the reduction in travel and tourism related to the COVID-19 pandemic. However, the Vaccinated Travel Framework (“VTF”), launched in April 2022, facilitated the resumption of travel and had a positive impact on operations at Marina Bay Sands. During February 2023, all remaining COVID-19 border measures were lifted. Visitation to Marina Bay Sands continues to improve since the travel restrictions have been lifted. The Singapore Tourism Board (“STB”) announced total visitation to Singapore increased from approximately 6.3 million in 2022 to 13.6 million for the year ended December 31, 2023, while visitation decreased 28.8% when compared to the same period in 2019. Summary The Company has a strong balance sheet and sufficient liquidity in place, including total unrestricted cash and cash equivalents of $5.11 billion and access to $1.50 billion, $2.49 billion and $446 million of available borrowing capacity from the LVSC Revolving Facility, 2018 SCL Revolving Facility and the 2012 Singapore Revolving Facility, respectively, as of December 31, 2023. The Company believes it is able to support continuing operations and complete its major construction projects that are underway. 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 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 the 10-year concession agreement (the “Concession”), which expires on December 31, 2032. 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 2,905 suites; approximately 503,000 square feet of gaming space and gaming support area; a 15,000-seat arena; an 1,800-seat theater; a mall with retail and dining space of approximately 948,000 square feet; and a convention center and meeting room complex of approximately 1.2 million square feet. The Londoner Macao, our largest Integrated Resort on the Cotai Strip, is located across the street from The Venetian Macao, The Parisian Macao and The Plaza Macao and Four Seasons Macao. The Londoner Macao is the result of our renovation, expansion and rebranding of Sands Cotai Central, which included the addition of extensive thematic elements both externally and internally and was completed during 2022. The Londoner Macao presents a range of new attractions and features, including some of London’s most recognizable landmarks, such as the Houses of Parliament and the Elizabeth Tower (commonly known as “Big Ben”), and interactive guest experiences. The Integrated Resort features four hotel towers. The first hotel tower consists of Londoner Court with 368 luxury suites and 400 rooms and suites under the St. Regis brand. The second hotel tower consists of 659 five-star rooms and suites under the Conrad brand and The Londoner Macao Hotel with 594 London-themed suites, including 14 exclusive Suites by David Beckham. The third hotel tower consists of 1,842 rooms and suites under the Sheraton brand. The fourth hotel tower consists of 2,126 rooms and suites under the Sheraton brand. Within The Londoner Macao, the Company also owns and currently operates approximately 400,000 square feet of gaming space and gaming support area; approximately 369,000 square feet of meeting space and approximately 612,000 square feet of retail space; a 6,000-seat arena; and a 1,701-seat theater, as well as entertainment and dining facilities. The Parisian Macao is an Integrated Resort connected to The Venetian Macao and The Plaza Macao and Four Seasons Macao, which includes approximately 272,000 square feet of gaming space and gaming support area. The Parisian Macao also features 2,541 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 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 108,000 square feet of gaming space and gaming support area; 19 Paiza mansions; retail space of approximately 249,000 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 features 289 luxury suites. The Sands Macao, the first Las Vegas-style casino in Macao, offers approximately 176,000 square feet of gaming space and gaming support area 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 opened with approximately 2,600 rooms and suites located in three 55-story hotel towers. The Company is currently undertaking extensive renovation work, which is expected to greatly enhance the positioning of the Company's suite product (see “Development Projects” for further information). Marina Bay Sands also features the Sands SkyPark (which sits atop the hotel towers and features an infinity swimming pool and several dining options), approximately 162,000 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 announced an expansion project at Marina Bay Sands, as further described below. 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 As part of the Concession entered into by Venetian Macau Limited (“VML,” a subsidiary of Sands China Ltd.) and the Macao government, VML has a financial commitment to spend 30.24 billion patacas (approximately $3.76 billion at exchange rates in effect on December 31, 2023) through 2032 on both capital and operating projects, including 27.80 billion patacas (approximately $3.45 billion at exchange rates in effect on December 31, 2023) in non-gaming projects that will also appeal to international visitors. Pursuant to the concession agreement, as Macao's annual gross gaming revenue exceeded 180 billion patacas (approximately $22.36 billion at exchange rates in effect on December 31, 2023) for the year ended December 31, 2023, the Company is required to invest, or cause to be invested, an additional 5.56 billion patacas (approximately $691 million at exchange rates in effect on December 31, 2023) in non-gaming investment projects by December 2032. As part of the investment, and subject to the approval of the Macao government, VML will dedicate resources to several key areas including: ◦ MICE Facility Expansion . The Company plans to expand its convention sector capabilities by constructing a state-of-the-art MICE facility. This new venue, encompassing roughly 18,000 square meters, will adjoin the Company's existing Venetian Macao exhibition center (the “Cotai Expo”). The Company's goal is to broaden its capacity for large-scale international events, which will be supported by enhanced organization and marketing strategies aimed at making Macao a preferred locale for global corporations' major gatherings. ◦ Tropical Garden Redevelopment . Le Jardin, located on the southern flank of The Londoner Macao, is to undergo a transformation into a distinctive garden-themed attraction spanning approximately 50,000 square meters. Featuring an iconic conservatory and an array of themed green spaces, this development is intended to become a celebrated Macao landmark that offers a compelling, year-round experience for both tourists and local residents. ◦ Entertainment . The Company's investment plan includes a broadening of the Company's entertainment and sporting event portfolio, which will include substantial upgrades to the Cotai Arena. The Company has commenced work on Phase II of the Londoner Macao, which includes the renovation of the rooms in the Sheraton and Conrad hotel towers, an upgrade of the gaming areas and the addition of new attractions, dining, retail and entertainment offerings. These projects have a total estimated cost of $1.2 billion and are expected to be substantially completed in early 2025. Singapore In April 2019, the Company's wholly owned subsidiary, Marina Bay Sands Pte. Ltd. (“MBS”) and the STB entered into a development agreement (the “Second Development Agreement”) pursuant to which MBS has agreed to construct a development, which will include a hotel tower with luxury 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 minimum project cost of approximately 4.5 billion Singapore dollars (“SGD,” approximately $3.4 billion at exchange rates in effect on December 31, 2023). The estimated cost and timing of the total project will be updated as the Company completes design and begins construction. The Company expects the total project cost will materially exceed the amounts referenced above from April 2019 based on current market conditions due to inflation, higher material and labor costs and other factors. The Company has incurred approximately $1.09 billion as of December 31, 2023, inclusive of the payment made in 2019 for the lease of the parcels of land underlying the MBS development project site. On March 22, 2023, MBS and the STB entered into a supplemental agreement (the “Supplemental Agreement”), which further extended the construction commencement date to April 8, 2024 and the construction completion date to April 8, 2028, and allowed for changes to the construction and operation plans under the Second Development Agreement. The Company amended its 2012 Singapore Credit Facility to provide for the financing of the development and construction costs, fees and other expenses related to the MBS Expansion Project pursuant to the Second Development Agreement. On September 7, 2021, the Company amended the 2012 Singapore Credit Facility, which, among other things, extended the deadline for delivering the construction cost estimate and the construction schedule for the MBS Expansion Project to March 31, 2022. As noted above, the Company is in the process of completing the design and reviewing the budget and timing of the MBS expansion due to various factors. As a result, the construction cost estimate and construction schedule were not delivered to the lenders by the extended deadline, and the Company will not be permitted to make further draws on the Singapore Delayed Draw Term Facility until these items are delivered. The Company does not anticipate material spend related to the MBS Expansion Project prior to the delivery of these items to lenders. The Company is nearing completion of the renovation of Towers 1 and 2 of Marina Bay Sands. This renovation has introduced world class suites and other luxury amenities at a cost estimated at approximately $1.0 billion upon completion. The Company also announced the next phase with the renovation of the Tower 3 hotel rooms into world class suites and other property changes at an estimated cost of approximately $750 million with an expected completion by 2025. These renovations at Marina Bay Sands are substantially upgrading the overall guest experience for its premium customers, including new dining and retail experiences, and upgrading the casino floor, among other things. These projects are in addition to the previously announced plans for the MBS Expansion Project. New York On June 2, 2023, the Company acquired the Nassau Coliseum from Nassau Live Center, LLC and related entities, which included the right to lease the underlying land from the County of Nassau in the State of New York (the “Nassau Coliseum Transaction”). The Company purchased the Nassau Coliseum with the intent to obtain a casino license from the State of New York to develop and operate an Integrated Resort. There is no assurance the Company will be able to obtain such casino license. Other

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
Summary of Significant Accounting Policies	Dec. 31, 2023
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 and its wholly owned and majority-owned subsidiaries. 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. Estimates are used for, but not limited to, income taxes, useful lives and impairment of property and equipment, valuation of acquired intangibles and goodwill, inventory valuation, collectability of receivables, and operating leases. These estimates and judgments are based on historical information, information currently available to the Company and on various other assumptions the Company believes to be reasonable under the circumstances. Actual results could vary from those estimates. Cash and Cash Equivalents and Restricted Cash and Cash Equivalents Cash and cash equivalents consist of cash and short-term investments with original maturities of three months or less. 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 include cash deposits, cash held in money market funds and U.S. Treasury Bills. Treasury Bills are held-to-maturity. Cash is considered restricted when withdrawal or general use is legally restricted. The Company determines current or noncurrent classification based on the expected duration of the restriction. The Company’s restricted cash and cash equivalents includes amounts held in a separate cash deposit account as collateral for a bank guarantee and other amounts contractually reserved for various items. The estimated fair value of the Company's cash equivalents is based on level 1 inputs (quoted market prices in active markets). Financial instruments that potentially subject the Company to concentrations of credit risk are primarily cash, cash equivalents and marketable securities. The Company maintains its cash and cash equivalent balances in the form of business checking accounts, money market accounts, cash deposits and U.S. Treasury Bills, the balances of which, at times, may exceed insured limits. The Company seeks to reduce exposure to cash and cash equivalents credit risk by placing such deposits with major financial institutions and monitoring their credit ratings. 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 patrons following background checks and investigations of creditworthiness. 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 patrons 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. Loan Receivable Loan receivables are carried at the outstanding principal amount. A provision for credit loss on loan receivables is established when, based on current information and events, it is probable that the Company will be unable to collect all amounts due according to the contractual terms of the loan agreement. The Company determines this by considering several factors, including the credit risk and current financial condition of the borrower, the borrower’s ability to pay current obligations, historical trends, and economic and market conditions. The Company performs a credit quality assessment on the loan receivable on a quarterly basis and reviews the need for an allowance under Financial Accounting Standards Board (“FASB”) Accounting Standards Update No. 2016-13. The Company evaluates the extent and impact of any credit deterioration that could affect the performance and the value of the secured property, as well as the financial and operating capability of the borrower. The Company also evaluates and considers the overall economic environment, casino and hospitality industry and geographic sub-market in which the secured property is located. Interest income is recorded on an accrual basis at the stated interest rate and is recorded in “Interest income” in the accompanying consolidated statements of operations. 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. Gaming Assets under the Macao Concession As the Company will continue to operate the Gaming Assets, as defined in “Note 7 — Property and Equipment, Net,” in the same manner as under the previous subconcession, obtain substantially all of the economic benefits and bear all of the risks arising from the use of these assets, as well as assuming VML will be successful in being awarded a new concession upon expiry of the current concession, the Company will continue to recognize these Gaming Assets as property and equipment over their remaining estimated useful lives. 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. Goodwill Goodwill represents the excess of the purchase price in a business combination over the fair value of the tangible and intangible assets acquired and the liabilities assumed. Goodwill is not amortized, but rather is subject to an annual impairment test. The Company tests goodwill for impairment annually, or more frequently if events or changes in circumstances indicate that this asset may be impaired. The Company’s test of goodwill impairment starts with a qualitative assessment to determine whether it is necessary to perform a quantitative goodwill impairment test. If qualitative factors indicate that the fair value of the reporting unit is more likely than not less than its carrying amount, then a quantitative goodwill impairment test is performed. For the quantitative analysis, the Company compares the fair value of its reporting unit to its carrying value. If the estimated fair value exceeds its carrying amount, goodwill is considered not to be impaired and no additional steps are necessary. However, if the fair value of the reporting unit is less than its carrying amount, a goodwill impairment is recorded equal to the difference between the carrying amount of the reporting unit and its fair value, not to exceed the carrying amount of goodwill. Intangible Assets other than Goodwill The Company's intangible assets other than goodwill consist primarily of finite-lived intangible assets, including its Macao gaming concession and Singapore gaming license. Finite-lived intangible assets are amortized over the shorter of their contractual terms or estimated useful lives. 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, 2023, 2022 and 2021, the Company capitalized $7 million, $4 million and $15 million, respectively, of interest expense. During the years ended December 31, 2023, 2022 and 2021, the Company capitalized approximately $53 million, $42 million and $49 million, respectively, of internal costs, consisting primarily of compensation expense for individuals directly involved with the development and construction of property and digital gaming software. 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. Revenue Recognition Revenue from contracts with customers primarily consists of casino wagers, room sales, food and beverage transactions, rental income from the Company’s mall tenants, convention sales and entertainment and ferry ticket sales. These contracts can be written, oral or implied by customary business practices. Gross casino revenue is the aggregate of gaming wins and losses. The commissions rebated to gaming promoters and premium players for rolling play, cash discounts and other cash incentives to patrons related to gaming play are recorded as a reduction to gross casino revenue. Gaming contracts include a performance obligation to honor the patron’s wager and typically include a performance obligation to provide a product or service to the patron on a complimentary basis to incentivize gaming or in exchange for points earned under the Company’s loyalty programs. For wagering contracts that include complimentary products and services provided by the Company to incentivize gaming, the Company allocates the relative stand-alone selling price of each product and service to the respective revenue type. Complimentary products or services provided under the Company's control and discretion, which are supplied by third parties, are recorded as an operating expense. For wagering contracts that include products and services provided to a patron in exchange for points earned under the Company’s loyalty programs, the Company allocates the estimated fair value of the points earned to the loyalty program liability. The loyalty program liability is a deferral of revenue until redemption occurs. Upon redemption of loyalty program points for Company-owned products and services, the stand-alone selling price of each product or service is allocated to the respective revenue type. For redemptions of points with third parties, the redemption amount is deducted from the loyalty program liability and paid directly to the third party. Any discounts received by the Company from the third party in connection with this transaction are recorded to other revenue. After allocation to the other revenue types for products and services provided to patrons as part of a wagering contract, the residual amount is recorded to casino revenue as soon as the wager is settled. As all wagers have similar characteristics, the Company accounts for its gaming contracts collectively on a portfolio basis versus an individual basis. Hotel revenue recognition criteria are met at the time of occupancy. Food and beverage revenue recognition criteria are met at the time of service. Convention revenues are recognized when the related service is rendered or the event is held. Deposits for future hotel occupancy, convention space or food and beverage services contracts are recorded as deferred revenue until the revenue recognition criteria are met. Cancellation fees for convention contracts are recognized upon cancellation by the customer and are included in other revenues. Ferry and entertainment revenue recognition criteria are met at the completion of the ferry trip or event, respectively. Revenue from contracts with a combination of these services is allocated pro rata based on each service’s relative stand-alone selling price. Revenue from leases is primarily recorded to mall revenue and is generated from base rents and overage rents received through long-term leases with retail tenants. Base rent, adjusted for contractual escalations, is recognized on a straight-line basis over the term of the related lease. Overage rent is paid by a tenant when its sales exceed an agreed upon minimum amount and is not recognized by the Company until the threshold is met. Contract and Contract Related Liabilities The Company provides numerous products and services to its customers. There is often a timing difference between the cash payment by the customers and recognition of revenue for each of the associated performance obligations. The Company has the following main types of liabilities associated with contracts with customers: (1) outstanding chip liability, (2) loyalty program liability and (3) customer deposits and other deferred revenue for gaming and non-gaming products and services yet to be provided. The outstanding chip liability represents the collective amounts owed to gaming promoters and patrons in exchange for gaming chips in their possession. Outstanding chips are expected to be recognized as revenue or redeemed for cash within one year of being purchased. The loyalty program liability represents a deferral of revenue until patron redemption of points earned. The loyalty program points are expected to be redeemed and recognized as revenue within one year of being earned. Customer deposits and other deferred revenue represent cash deposits made by customers for future services provided by the Company. With the exception of mall deposits, which typically extend beyond a year based on the terms of the lease, the majority of these customer deposits and other deferred revenue are expected to be recognized as revenue or refunded to the customer within one year of the date the deposit was recorded. The following table summarizes the liability activity related to contracts with customers: Outstanding Chip Liability Loyalty Program Liability Customer Deposits and Other Deferred Revenue (1) 2023 2022 2023 2022 2023 2022 (In millions) Balance at January 1 $ 81 $ 74 $ 72 $ 61 $ 614 $ 618 Balance at December 31 135 81 45 72 690 614 Increase (decrease) $ 54 $ 7 $ (27) $ 11 $ 76 $ (4) ____________________ (1) Of this amount, $167 million, $149 million and $145 million as of December 31, 2023 and 2022 and January 1, 2022, 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 casino expense in the accompanying consolidated statements of operations. These taxes were $3.06 billion, $935 million and $1.22 billion for the years ended December 31, 2023, 2022 and 2021, 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 $47 million, $29 million and $31 million for the years ended December 31, 2023, 2022 and 2021, 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).” 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, 2023 2022 2021 (In millions) Weighted average common shares outstanding (used in the calculation of basic earnings (loss) per share) 763 764 764 Potential dilution from stock options and restricted stock and stock units 2 — — Weighted average common and common equivalent shares (used in the calculation of diluted earnings (loss) per share) 765 764 764 Antidilutive stock options excluded from the calculation of diluted earnings (loss) per share 6 15 9 Stock-Based 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 compensation plans are more fully discussed in “Note 18 — Stock-Based 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. 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. 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 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. Recent Accounting Pronouncements The Company’s management has evaluated all of the recently issued, but not yet effective, accounting standards that have been issued or proposed by the FASB or other standards-setting bodies through the filing date of these financial statements and does not believe the future adoption of any such pronouncements will have a material effect on the Company’s financial position, results of operations and cash flows.

Discontinued Operations

Discontinued Operations	12 Months Ended
Discontinued Operations	Dec. 31, 2023
Discontinued Operations and Disposal Groups [Abstract]
Discontinued Operations	Discontinued Operations On February 23, 2022, the Company completed the sale of its Las Vegas real property and operations, including The Venetian Resort Las Vegas and the Sands Expo and Convention Center (the “Las Vegas Operations”), (the “Closing”), to VICI Properties L.P. (“PropCo”) and Pioneer OpCo, LLC (“OpCo”) for an aggregate purchase price of approximately $6.25 billion (the “Las Vegas Sale”). Under the terms of the agreements related to the Las Vegas Sale, OpCo acquired subsidiaries that hold the operating assets and liabilities of the Las Vegas Operations for approximately $1.05 billion in cash, subject to certain post-closing adjustments, and $1.20 billion in seller financing in the form of a six-year term loan credit and security agreement (the “Seller Financing Loan Agreement”) and PropCo acquired subsidiaries that hold the real estate and real estate-related assets of the Las Vegas Operations for approximately $4.0 billion in cash. Upon the Closing, the Company received approximately $5.05 billion in cash proceeds, before transaction costs and working capital adjustments of $77 million, and recognized a gain on disposal of $3.60 billion, before income tax expense of $750 million, during the year ended December 31, 2022. As there is no continuing involvement between the Company and the Las Vegas Operations, the Company accounted for the transaction as a sale of a business. The Company concluded the Las Vegas Operations met the criteria for held for sale and discontinued operations beginning in the first quarter of 2021. As a result, the Las Vegas Operations is presented in the accompanying consolidated statements of operations and cash flows as a discontinued operation for all periods presented. The Company reported the operating results and cash flows related to the Las Vegas Operations through February 22, 2022. Unless otherwise noted, amounts and disclosures throughout these Notes to Consolidated Financial Statements relate to the Company's continuing operations. Contingent Lease Support Agreement On February 23, 2022, in connection with the Closing, the Company and OpCo entered into a post-closing contingent lease support agreement (the “Contingent Lease Support Agreement”) pursuant to which, among other things, the Company may be required to make certain payments (“Support Payments”) to OpCo. The Support Payments were payable on a monthly basis following the Closing through the year ended December 31, 2023, based upon the performance of the Las Vegas Operations relative to certain agreed upon target metrics and subject to quarterly and annual adjustments. On January 31, 2023, the Company received notice from OpCo that the Contingent Lease Support Agreement had terminated pursuant to its terms and that neither party would have any further liability or obligation thereunder. No Support Payments were made for the period post-Closing through the termination of the Contingent Lease Support Agreement. Seller Financing Loan Agreement At the Closing, the Company, as lender, OpCo, as borrower, the parent company of OpCo (“Holdings”) and certain subsidiaries of OpCo, as guarantors party thereto (collectively, and with Holdings, the “Guarantors” and, together with OpCo in its capacity as borrower, the “Loan Parties”), entered into the Seller Financing Loan Agreement. Refer to “Note 4 — Loan Receivable” for further information. Las Vegas Operations The following table represents summarized income statement information of discontinued operations: Year Ended December 31, 2022 (1) 2021 Revenues: Casino $ 61 $ 443 Rooms 78 454 Food and beverage 43 236 Convention, retail and other 46 138 Net revenues 228 1,271 Resort operations expenses 107 626 Provision for credit losses 3 13 General and administrative 55 342 Depreciation and amortization — 25 Loss on disposal or impairment of assets — 6 Operating income 63 259 Interest expense (2) (13) Other income (expense) (3) 1 Income from operations of discontinued operations 58 247 Gain on disposal of discontinued operations 3,611 — Adjustment to gain on disposal of discontinued operations (2) (9) — Income from discontinued operations, before income tax 3,660 247 Income tax expense (762) (54) Net income from discontinued operations presented in the statement of operations $ 2,898 $ 193 Adjusted Property EBITDA $ 63 $ 290 __________________________ (1) Includes the Las Vegas Operations financial results for the period from January 1, 2022 through February 22, 2022. (2) Primarily relates to the finalization of the working capital adjustment pursuant to the terms of the related agreements. For the 53-day period ended February 22, 2022 and for the year ended December 31, 2021, the Company’s Las Vegas Operations were classified as a discontinued operation held for sale. The Company applied the intraperiod tax allocation rules to allocate the provision for income taxes between continuing operations and discontinued operations using the “with and without” approach. The Company calculated income tax expense from all financial statement components (continuing and discontinued operations), the “with” computation, and compared that to the income tax expense attributable to continuing operations, the “without” computation. The difference between the “with” and “without” computations was allocated to discontinued operations.

Loan Receivable

Loan Receivable	12 Months Ended
Loan Receivable	Dec. 31, 2023
Loans and Leases Receivable Disclosure [Abstract]
Loan Receivable	Loan Receivable Seller Financing Loan Agreement On February 23, 2022, in conjunction with the Closing, the Company and the Loan Parties entered into the Seller Financing Loan Agreement. The Seller Financing Loan Agreement provides for a six-year senior secured term loan facility in an aggregate principal amount of $1.20 billion (the “Seller Loan”) at the date of the Closing. The Seller Loan is guaranteed by the Guarantors and secured by a first-priority lien on substantially all of the Loan Parties’ assets (subject to customary exceptions and limitations), including a leasehold mortgage from OpCo over certain real estate that was sold to PropCo at the Closing and leased by OpCo. The Seller Loan will bear interest at a rate equal to 1.50% per annum for the calendar years ending December 31, 2022 and 2023, and 4.25% per annum for each calendar year thereafter, subject to an increase of 1.00% per annum for any interest OpCo elects to pay by increasing the principal amount of the Seller Loan prior to January 1, 2024, and an increase of 1.50% per annum for any such election during the calendar year ending December 31, 2024. Any interest to be paid after December 31, 2024, will be paid in cash. The Seller Financing Loan Agreement contains certain customary representations and warranties and covenants, subject to customary exceptions and thresholds. The Seller Financing Loan Agreement’s negative covenants restrict the ability of the Loan Parties and their subsidiaries to, among other things, (i) incur debt, (ii) create certain liens on their assets, (iii) dispose of their assets, (iv) make investments or restricted payments, including dividends, (v) merge, liquidate, dissolve, change their business or consolidate with other entities and (vi) enter into affiliate transactions. The Seller Financing Loan 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. Upon an event of default, the Company may declare any then-outstanding amounts due and payable and exercise other customary remedies available to a secured lender. Based on the Company’s assessment of the credit quality of the loan receivable, the Company believes it will collect all contractual amounts due under the loan. Accordingly, no provision for credit losses on the loan receivable was established as of December 31, 2023. Interest income is recorded on an accrual basis at the stated interest rate and is recorded in “Interest income” in the accompanying consolidated statements of operations. Interest income recognized on the loan was $29 million and $21 million during the years ended December 31, 2023 and 2022, respectively, and OpCo elected payment-in-kind for a portion of this interest, thereby increasing the principal amount by $29 million and $15 million for the years ended December 31, 2023 and 2022, respectively.

Restricted Cash and Cash Equiva

Restricted Cash and Cash Equivalents	12 Months Ended
Restricted Cash and Cash Equivalents	Dec. 31, 2023
Cash and Cash Equivalents [Abstract]
Restricted Cash and Cash Equivalents	Restricted Cash and Cash Equivalents The Company’s restricted cash and cash equivalents includes amounts held in a separate cash deposit account as collateral for a bank guarantee, as further described below. On December 7, 2022, as required by the Macao concession, VML provided a bank guarantee in favor of the Macao government of 1.0 billion patacas (approximately $125 million at exchange rates as defined in the bank guarantee contract) to secure the fulfillment of VML's performance of the statutory and contractual obligations under the concession contract. As stipulated in the bank guarantee contract, a minimum amount of 1.0 billion patacas, or $125 million, is required to be held within a cash deposit account as collateral in order to secure the bank guarantee. Any amount in excess of the minimum amount can be withdrawn from the cash deposits. The bank guarantee will remain in effect until 180 days after the end of the term of the concession or the rescission of the concession and was classified as noncurrent restricted cash in the accompanying consolidated balance sheets.

Accounts Receivable, Net

Accounts Receivable, Net	12 Months Ended
Accounts Receivable, Net	Dec. 31, 2023
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, 2023 2022 (In millions) Casino $ 483 $ 341 Rooms 33 34 Mall 126 64 Other 43 45 685 484 Less — provision for credit losses (201) (217) $ 484 $ 267 The following table shows the movement in the provision for credit losses recognized for accounts receivable that occurred during the period: 2023 2022 (In millions) Balance at January 1 $ 217 $ 232 Current period provision for credit losses 4 15 Write-offs (21) (31) Exchange rate impact 1 1 Balance at December 31 $ 201 $ 217

Property and Equipment, Net

Property and Equipment, Net	12 Months Ended
Property and Equipment, Net	Dec. 31, 2023
Property, Plant and Equipment [Abstract]
Property and Equipment, Net	Property and Equipment, Net Property and equipment consists of the following: December 31, 2023 2022 (In millions) Land and improvements $ 593 $ 450 Building and improvements 16,211 15,494 Furniture, fixtures, equipment and leasehold improvements 4,847 4,155 Transportation 504 482 Construction in progress 491 1,123 22,646 21,704 Less — accumulated depreciation and amortization (11,207) (10,253) $ 11,439 $ 11,451 With the expiry of VML's subconcession on December 31, 2022, all of the casinos, gaming areas and respective supporting areas located in Sands Macao, The Venetian Macao, The Plaza Macao and Four Seasons Macao, The Londoner Macao and The Parisian Macao, with a total area of approximately 136,000 square meters (representing approximately 4.7% of the total property area of these entities) and gaming equipment (collectively referred to as the “Gaming Assets”), reverted to, and are now owned by the Macao government. Effective as of January 1, 2023, the Gaming Assets use has been temporarily transferred to VML by the Macao government for the duration of the Concession, in return for annual payments for the right to operate the Gaming Assets pursuant to the Handover Record (as defined below). The Gaming Assets that reverted to the Macao government on December 31, 2022, and included in the above table, consisted of the following: December 31, 2022 (In millions) Building and improvements $ 1,264 Furniture, fixtures, equipment and leasehold improvements 419 1,683 Less — accumulated depreciation and amortization (930) $ 753 During the year ended December 31, 2023, the Company recognized a loss on disposal or impairment of assets of $27 million, including $14 million in Singapore primarily related to demolition costs and $12 million in Macao primarily related to $8 million in asset disposals at The Parisian Macao, and $4 million related to demolition costs at the The Londoner Macao, The Plaza Macao and Four Seasons Macao. The $9 million loss on disposal or impairment of assets for the year ended December 31, 2022, primarily related to $4 million in asset disposals related to aircraft parts and $3 million in asset disposals and demolition costs at The Londoner Macao, The Venetian Macao, Sands Macao and our corporate offices. The $27 million of loss on disposal or impairment of assets for the year ended December 31, 2021, primarily related to asset disposals and demolition costs related to The Londoner Macao.

Leasehold Interests in Land, Ne

Leasehold Interests in Land, Net	12 Months Ended
Leasehold Interests in Land, Net	Dec. 31, 2023
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, 2023 2022 (In millions) Marina Bay Sands $ 2,028 $ 1,993 The Londoner Macao 290 293 The Venetian Macao 235 241 The Plaza Macao and Four Seasons Macao 105 106 The Parisian Macao 88 89 Sands Macao 35 36 Nassau County Coliseum 154 — 2,935 2,758 Less — accumulated amortization (686) (630) $ 2,249 $ 2,128 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 $58 million, $55 million and $56 million was included in amortization of leasehold interests in land expense for the years ended December 31, 2023, 2022 and 2021, respectively. The estimated future amortization expense over the expected terms of our leasehold interests in land is approximately $62 million for each of the five years in the period ending December 31, 2028 and $2.09 billion thereafter at exchange rates in effect on December 31, 2023. 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 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. Land concessions in Singapore have an initial term of 60 years. The Company has received land concessions from the STB 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. The Nassau County Coliseum relates to the land lease that was obtained in conjunction with the acquisition of the Nassau Coliseum with a remaining lease term of 26 years. Refer to “Note 16 — Leases” for additional details.

Goodwill and Intangible Assets,

Goodwill and Intangible Assets, Net	12 Months Ended
Goodwill and Intangible Assets, Net	Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets, Net	Goodwill and Intangible Assets, Net Goodwill and intangible assets consist of the following: December 31, 2023 2022 (In millions) Amortizable intangible assets: Macao concession $ 497 $ — Marina Bay Sands gaming license 54 54 551 54 Less — accumulated amortization (81) (12) 470 42 Technology, software and other 25 12 Total amortizable intangible assets, net 495 54 Goodwill 103 10 Total goodwill and intangible assets, net $ 598 $ 64 Macao Concession On December 16, 2022, the Macao government announced the award of six definitive gaming concessions, one of which was awarded to VML, and on January 1, 2023, VML entered into a 10-year gaming concession contract with the Macao government (the “Concession”). Under the terms of the Concession, VML is required to pay the Macao government an annual gaming premium consisting of a fixed portion and a variable portion. The fixed portion of the premium is 30 million patacas (approximately $4 million at exchange rates in effect on December 31, 2023). The variable portion is 300,000 patacas per gaming table reserved exclusively for certain types of games or players, 150,000 patacas per gaming table not so reserved (the mass rate) and 1,000 patacas per electrical or mechanical gaming machine, including slot machines (approximately $37,274, $18,637 and $124, respectively, at exchange rates in effect on December 31, 2023). On December 30, 2022, VML and certain other subsidiaries of the Company, confirmed and agreed to revert certain gaming equipment and gaming areas to the Macao government without compensation and free of any liens or charges in accordance with, and upon the expiry of, VML’s subconcession. On the same day, VML and the Macao government entered into a handover record (the “Handover Record”) granting VML the right to operate the reverted gaming equipment and gaming areas for the duration of the Concession in consideration for the payment of an annual fee. The annual fee is calculated based on a price per square meter of reverted gaming area, being 750 patacas per square meter in the first three years and 2,500 patacas per square meter in the subsequent seven years (approximately $93 and $311, respectively, at exchange rates in effect on December 31, 2023). The price per square meter used to determine the annual fee will be adjusted annually based on Macao’s average price index of the corresponding preceding year. The Company paid $13 million for the year ended December 31, 2023. The annual fee is estimated to be $13 million for the next two years and $42 million for the following seven years, subject to the aforementioned adjustment. On January 1, 2023, the Company recognized an intangible asset and financial liability of 4.0 billion patacas (approximately $497 million at exchange rates in effect on December 31, 2023), representing the right to operate the gaming equipment and the gaming areas, the right to conduct games of chance in Macao and the unconditional obligation to make payments under the Concession. This intangible asset comprises the contractually obligated annual payments of fixed and variable premiums, as well as fees associated with the above-described Handover Record. The contractually obligated annual variable premium payments associated with the intangible asset was determined using the maximum number of table games at the mass rate and the maximum number of gaming machines that VML is currently allowed to operate by the Macao government. In the accompanying consolidated balance sheet, the noncurrent portion of the financial liability is included in “Other long-term liabilities” and the current portion is included in “Other accrued liabilities.” The intangible asset is being amortized on a straight-line basis over the period of the Concession, being ten years. In April 2022, the Company paid SGD 72 million (approximately $53 million at exchange rates in effect at the time of the transaction) to the Singapore Gambling Regulatory Authority (the “GRA”) as part of the process to renew its gaming license at Marina Bay Sands. This license is being amortized over its term of three years, which expires in April 2025, and is renewable upon submitting an application, paying the applicable license fee and meeting the requirements as determined by the GRA. Amortization expense for all intangible assets was $67 million, $17 million and $18 million for the years ended December 31, 2023, 2022 and 2021, respectively. The estimated future amortization expense for all intangible assets is approximately $68 million, $55 million, $50 million, $50 million and $50 million for the years ending December 31, 2024, 2025, 2026, 2027 and 2028, respectively, and $199 million thereafter. Nassau Coliseum On June 2, 2023, the Company closed on its acquisition of the Nassau Coliseum, an entertainment arena in the State of New York. The Company paid an aggregate amount of $241 million, consisting of $221 million upon closing and a $20 million deposit made in 2022. The purchase of the Nassau Coliseum, which continues to operate following the closing of the sale, primarily included the fixed assets related to the arena and the right to lease the underlying land from the owner, the County of Nassau in the State of New York. This transaction resulted in the recognition of $92 million of goodwill. The Company purchased the Nassau Coliseum with the intent to obtain a casino license from the State of New York to develop and operate an Integrated Resort. There is no assurance the Company will be able to obtain such casino license.

Other Accrued Liabilities

Other Accrued Liabilities	12 Months Ended
Other Accrued Liabilities	Dec. 31, 2023
Payables and Accruals [Abstract]
Other Accrued Liabilities	Other Accrued Liabilities Other accrued liabilities consist of the following: December 31, 2023 2022 (In millions) Customer deposits $ 543 $ 471 Payroll and related 370 316 Taxes and licenses 389 134 Accrued interest payable 184 189 Outstanding chip liability 135 81 Other accruals 327 267 $ 1,948 $ 1,458

Derivative Instruments

Derivative Instruments	12 Months Ended
Derivative Instruments	Dec. 31, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Instruments	Derivative Instruments During the year ended December 31, 2021, the Company entered into two foreign currency swap agreements. The objective of both agreements is to manage the risk of changes in cash flows resulting from foreign currency gains/losses realized upon remeasurement of U.S. dollar denominated SCL senior notes by swapping a specified amount of Hong Kong dollars for U.S. dollars at the contractual spot rate. The terms in one of the contracts did not effectively match the terms of the related SCL senior notes; thus, it was not designated as hedging (the “Non-Hedging Swap”). The remaining contract was designated as a hedge of the cash flows related to a portion of the SCL senior notes (the “Hedging Swap,” and together with the Non-Hedging Swap, the “FX Swaps”). The Non-Hedging Swap had a total notional value of $500 million and expired in August 2023 (the “2023 Swap”). The Hedging Swap has a total notional value of $1.0 billion and expires in August 2025 (the “2025 Swap”). As of December 31, 2023 and 2022, the fair value of the 2025 Swap is recorded as a liability in “Other long-term liabilities.” As of December 31, 2022, the fair value of the 2023 Swap is recorded as an asset in “Prepaid expenses and other.” The fair value of the FX Swaps was estimated using Level 2 inputs from recently reported market transactions of foreign currency exchange rates. For the Hedging Swap, the changes in fair value of the derivative were recognized as other comprehensive income in the accompanying consolidated balance sheets. Additionally, the foreign currency gains/losses incurred from the remeasurement of the portion of the SCL senior notes being hedged were also recognized in other comprehensive income. For the Non-Hedging Swap the changes in fair value of the derivative were recorded in “Other income” in the accompanying consolidated statements of operations.

Long-Term Debt

Long-Term Debt	12 Months Ended
Long-Term Debt	Dec. 31, 2023
Debt Disclosure [Abstract]
Long-Term Debt	Long-Term Debt Long-term debt consists of the following: December 31, 2023 2022 (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 $2 and $5, respectively) $ 1,748 $ 1,745 2.900% Senior Notes due 2025 (net of unamortized original issue discount and deferred financing costs of $1 and $2, respectively) 499 498 3.500% Senior Notes due 2026 (net of unamortized original issue discount and deferred financing costs of $5 and $7, respectively) 995 993 3.900% Senior Notes due 2029 (net of unamortized original issue discount and deferred financing costs of $6) 744 744 Macao Related (1) : 5.125% Senior Notes due 2025 (net of unamortized original issue discount and deferred financing costs of $4 and $7, respectively) 1,796 1,793 3.800% Senior Notes due 2026 (net of unamortized original issue discount and deferred financing costs of $4 and $5, respectively) 796 795 2.300% Senior Notes due 2027 (net of unamortized original issue discount and deferred financing cost of $5 and $6, respectively) 695 694 5.400% Senior Notes due 2028 (net of unamortized original issue discount and deferred financing costs of $11 and $13, respectively) 1,889 1,887 2.850% Senior Notes due 2029 (net of unamortized original issue discount and deferred financing cost of $5 and $6, respectively) 645 644 4.375% Senior Notes due 2030 (net of unamortized original issue discount and deferred financing costs of $7 and $8, respectively) 693 692 3.250% Senior Notes due 2031 (net of unamortized original issue discount and deferred financing cost of $5) 595 595 2018 SCL Credit Facility — Revolving — 1,958 Other (2) 19 22 Singapore Related (1) : 2012 Singapore Credit Facility — Term (net of unamortized deferred financing costs of $24 and $33, respectively) 2,867 2,870 2012 Singapore Delayed Draw Term Facility 47 46 Other 1 2 14,029 15,978 Less — current maturities (1,900) (2,031) Total long-term debt $ 12,129 $ 13,947 ____________________ (1) Unamortized deferred financing costs of $59 million and $60 million as of December 31, 2023 and 2022, 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” and “Prepaid expenses and other” in the accompanying consolidated balance sheets. (2) Includes finance leases related to Macao of $18 million and $21 million as of December 31, 2023 and 2022, respectively. 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 with respect to the 2024 LVSC Notes and 2029 LVSC Notes, on each February 18 and August 18 with respect to the 2026 Notes, and on each June 25 and December 25 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, 2023, 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, 2023, 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, 2023, 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 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 (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. On September 3, 2021, LVSC entered into amendment No. 2 (the “Second Amendment”) with lenders to the LVSC Revolving Credit Agreement. Pursuant to the Second Amendment, the existing LVSC Revolving Credit Agreement was amended to (a) extend the period during which LVSC is not required to maintain a maximum consolidated leverage ratio of 4.0x as of the last day of any fiscal quarter to December 31, 2022; (b) extend the period during which LVSC is required to maintain a specified amount of minimum liquidity as of the last day of each month to December 31, 2022; (c) increase the minimum liquidity amount that LVSC is required to maintain until December 31, 2022 to $700 million; and (d) extend the period during which LVSC is unable to declare or pay any dividend or other distribution, unless liquidity is greater than $1.0 billion on a pro forma basis after giving effect to such dividend or distribution, to December 31, 2022. In addition, pursuant to the Second Amendment and subject to the satisfaction of certain conditions specified therein, the requisite lenders under the existing LVSC Revolving Credit Agreement consented to, and waived any applicable restrictions prohibiting, the consummation of the announced sale of the Las Vegas Operations. Pursuant to the Second Amendment, LVSC paid a customary fee to the lenders that consented. On December 7, 2021, LVSC entered into amendment No. 3 (the “Third Amendment”) with lenders to the LVSC Revolving Credit Agreement. Pursuant to the Third Amendment, the existing LVSC Revolving Credit Agreement was amended to update the terms therein that provide for a transition away from LIBOR as a benchmark interest rate and the replacement of LIBOR by a replacement benchmark interest rate or mechanism. On January 30, 2023, LVSC entered into amendment No. 4 (the “Fourth Amendment”) with lenders to the LVSC Revolving Credit Agreement. Pursuant to the Fourth Amendment, the existing LVSC Revolving Credit Agreement was amended to (a) determine consolidated adjusted EBITDA on a year-to-date annualized basis during the period commencing on the effective date and ending on and including December 31, 2023, as follows: (i) for the fiscal quarter ended March 31, 2023, consolidated adjusted EBITDA for such fiscal quarter multiplied by four, (ii) for the fiscal quarter ended June 30, 2023, consolidated adjusted EBITDA for such fiscal quarter and the immediately preceding fiscal quarter multiplied by two, and (iii) for the fiscal quarter ended September 30, 2023, consolidated adjusted EBITDA for such fiscal quarter and the two immediately preceding fiscal quarters, multiplied by four-thirds; (b) extend the period during which LVSC is required to maintain a specified amount of minimum liquidity as of the last day of each month to December 31, 2023; and (c) extend the period during which LVSC is unable to declare or pay any dividend or other distribution, unless liquidity is greater than $1.0 billion on a pro forma basis after giving effect to such dividend or distribution, to December 31, 2023. On June 30, 2023, LVSC entered into amendment No. 5 (the “Fifth Amendment”) with lenders to the LVSC Revolving Credit Agreement. Pursuant to the Fifth Amendment, the existing LVSC Revolving Credit Agreement was amended to update the terms therein and provide for the adoption of the Secured Overnight Financing Rate (“SOFR”) as the benchmark interest rate. 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. The 2023 SCL Senior Notes were redeemed during the year ended December 31, 2021, as noted below. There are no interim principal payments on the 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”). 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. On September 23, 2021, SCL issued in a private offering three series of senior unsecured notes in an aggregate principal amount of $1.95 billion, consisting of $700 million of 2.300% Senior Notes due March 8, 2027 (the “2027 SCL Senior Notes”), $650 million of 2.850% Senior Notes due March 8, 2029 (the “2029 SCL Senior Notes”) and $600 million of 3.250% Senior Notes due August 8, 2031 (the “2031 SCL Senior Notes” and, together with the 2023 SCL Senior Notes, 2025 SCL Senior Notes, 2026 SCL Senior Notes, 2027 SCL Senior Notes, 2028 SCL Senior Notes, 2029 SCL Senior Notes, 2030 SCL Senior Notes, the “SCL Senior Notes”). SCL used the net proceeds from the offering and cash on hand to redeem in full the outstanding principal amount of its $1.80 billion 4.600% Senior Notes due 2023, any accrued interest and the associated make-whole premium as determined under the related senior notes indenture dated as of August 9, 2018. 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 “2018 SCL Indenture”), the 2026 and 2030 SCL Senior Notes were issued pursuant to an indenture, dated June 4, 2020 (the “2020 SCL Indenture”) and the 2027, 2029 and 2031 SCL Senior Notes were issued pursuant to an indenture, dated September 23, 2021 (the “2021 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. The 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. The cost associated with the early termination of the 4.600% Senior Notes due 2023, including the make-whole premium of $131 million and $6 million in unamortized original issue discount and deferred financing costs, was recorded as a loss on early retirement of debt in the consolidated statement of operations during the year ended December 31, 2021. On February 16 and June 16, 2022, Standard & Poor’s (“S&P”) and Fitch, respectively, downgraded the credit rating for the Company and SCL to BB+. As a result of the downgrades, the coupon on each series of the outstanding SCL Senior Notes increased by 0.50% per annum, with a 0.25% per annum increase becoming effective on the first interest payment date after February 16, 2022 as it relates to the S&P downgrade and an additional 0.25% increase per annum after June 16, 2022 as it relates to the Fitch downgrade. The downgrade resulted in an increase of $30 million and $16 million in interest expense for the years ended December 31, 2023 and 2022, respectively. On July 26, 2023, S&P upgraded the credit rating for the Company and SCL to BBB-. On February 1, 2024, Fitch also upgraded the credit rating for the Company and SCL to BBB-. As a result of the upgrades, the coupon on each series of the outstanding SCL Senior Notes decreased by 0.25% per annum effective on the first interest payment date after July 26, 2023 as it relates to the S&P upgrade and 0.25% per annum effective on the first interest payment date after February 1, 2024, as it relates to the Fitch upgrade. The weighted average interest rate for the SCL Senior Notes was 4.8%, 4.6% and 4.7% for the years ended December 31, 2023, 2022 and 2021, respectively. 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 was available until July 31, 2023, prior to being extended to July 31, 2025, as noted below, 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. 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 , Secured Overnight Financing Rate (“SOFR”), (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. 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 $491 million at exchange rates in effect on December 31, 2021). On July 7, 2021, SCL entered into a waiver extension and amendment request letter (the “Third Waiver Extension Letter”) with respect to certain provisions of the 2018 SCL Credit Facility, pursuant to which lenders agreed to (a) extend by one year to (and including) January 1, 2023, the waiver period for the requirement for SCL to comply with the requirements that SCL ensure the consolidated leverage ratio does not exceed 4.0x and the consolidated interest coverage ratio is not less than 2.5x as at the last day of the financial quarter; (b) extend the period of time during which SCL may supply the agent with its audited consolidated financial statements for the financial year ending on December 31, 2021 to April 30, 2022; and (c) extend by one year to (and including) January 1, 2023, the period during which SCL's ability to declare or make any dividend payment or similar distribution is restricted if at such time (x) the Total Commitments (as defined in the 2018 SCL Credit Facility) exceed $2.0 billion by SCL's exercise of the option to increase the Total Commitments by an aggregate amount of up to $1.0 billion; and (y) the 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 Third Waiver Extension Letter, SCL paid a customary fee to the lenders that consented. On November 30, 2022, SCL entered into a waiver extension and amendment request letter (the “Fourth Waiver Extension Letter”) with respect to certain provisions of the 2018 SCL Credit Facility, pursuant to which lenders have (a) extended to (and including) July 31, 2023, the waiver period for the requirement for SCL to comply with the requirements that SCL ensure (a) the consolidated leverage ratio does not exceed 4.0x and the consolidated interest coverage ratio is not less than 2.5x as at the last day of the financial quarter; (b) extend to (and including) July 31, 2023, the period during which SCL's ability to declare or make any dividend payment or similar distribution is restricted if at such time (x) the Total Commitments (as defined in the 2018 SCL Credit Facility) exceed $2.0 billion by SCL's exercise of the option to increase the Total Commitments by an aggregate amount of up to $1.0 billion; and (y) the 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; and (c) incorporated provisions to address the transition of LIBOR to a term SOFR reference rate. Pursuant to the Fourth Waiver Extension Letter, SCL paid a customary fee to the lenders that consented. On May 11, 2023, SCL entered into an amended and restated facility agreement (the “A&R Facility Agreement”) with respect to certain provisions of the 2018 SCL Credit Facility, pursuant to which lenders have (a) extended the termination date for the Hong Kong Dollar (“HKD”) commitments and U.S. dollar commitments of the lenders that consented to the waivers and amendments in the A&R Facility Agreement (the “Extending Lenders”) from July 31, 2023 to July 31, 2025; (b) extended to (and including) January 1, 2024, the waiver period for the requirement for SCL to comply with the requirements that SCL ensure (i) the consolidated leverage ratio does not exceed 4.0x and (ii) the consolidated interest coverage ratio is not less than 2.5x; (c) amended the definition of consolidated total debt such that it excludes any financial indebtedness that is subordinated and subject in right of payment to the prior payment in full of the A&R Facility Agreement (including the $1.0 billion subordinated unsecured term loan facility made available by the Company to SCL); (d) amended the maximum permitted consolidated leverage ratio as of the last day of each of the financial quarters ending March 31, 2024, June 30, 2024, September 30, 2024, December 31, 2024, and subsequent financial quarters to be 6.25x, 5.5x, 5.0x, 4.5x, and 4.0x, respectively; and (e) extended to (and including) January 1, 2025, the period during which SCL’s ability to declare or make any dividend payment or similar distribution is restricted if at such time (x) the Total Commitments (as defined in the A&R Facility Agreement) exceed $2.0 billion by SCL’s exercise of the option to increase the Total Commitments by an aggregate amount of up to $1.0 billion and (y) the 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 A&R Facility Agreement and unused commitments under other credit facilities of SCL is greater than $2.0 billion. The amendments with respect to the extended commitments took effect on July 31, 2023. Pursuant to the A&R Facility Agreement, SCL paid a customary fee to the Extending Lenders that consented. The Extending Lenders’ HKD commitments total HKD 17.63 billion (approximately $2.25 billion at exchange rates in effect on May 11, 2023) and U.S. dollar commitments total $237 million, which together represent 100% of the total available commitments under the A&R Facility Agreement. 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. During the year ended December 31, 2022, SCL drew down $114 million and HKD 8.50 billion (approximately $1.09 billion at exchange rates in effect on December 31, 2023) under the facility for general corporate purposes. The weighted average interest rate for the 2018 SCL Credit Facility was 6.3% and 4.3% for the years ended December 31, 2023 and 2022, respectively. As of December 31, 2023, SCL had $2.49 billion of available borrowing capacity under the 2018 SCL Revolving Facility comprised of HKD commitments of HKD 17.63 billion (approximately $2.26 billion at exchange rates in effect on December 31, 2023) and U.S. dollar commitments of $237 million. Singapore Related Debt 2012 Singapore Credit Facility In June 2012, MBS entered into a SGD 5.10 billion (approximately $3.86 billion at exchange rates in effect on December 31, 2023) 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, 2023) term loan (the “2012 Singapore Term Facility”) and a SGD 500 million (approximately $378 million at exchange rates in effect on December 31, 2023) revolving facility (the “2012 Singapore Revolving Facility”) that was available until November 25, 2017 and extended to February 27, 2026, as noted below, which included a SGD 100 million (approximately $76 million at exchange rates in effect on December 31, 2023) 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 $3.64 billion at exchange rates in effect on December 31, 2023), 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, 2023) for a total aggregate principal amount of SGD 750 million (approximately $568 million at exchange rates in effect on December 31, 2023). As of December 31, 2023, MBS had SGD 589 million (approximately $446 million at exchange rates in effect on December 31, 2023) of available borrowing ca

Equity

Equity	12 Months Ended
Equity	Dec. 31, 2023
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 and in August 2023, the dividend program was reinstated. On August 16, 2023 and November 15, 2023, the Company paid a dividend of $0.20 per common share as part of a regular cash dividend program. During the year ended December 31, 2023, the Company recorded $305 million as a distribution against retained earnings. In January 2024, the Company's Board of Directors declared a quarterly dividend of $0.20 per common share (a total estimated to be approximately $151 million) to be paid on February 14, 2024, to stockholders of record on February 6, 2024. 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, and in October 2022, the Company’s Board of Directors authorized the further extension of the expiration date of the remaining repurchase amount of $916 million to November 2024. On October 16, 2023, the Company’s Board of Directors authorized increasing the remaining share repurchase amount of $916 million to $2.0 billion and extending the expiration date from November 2024 to November 3, 2025. 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, 2023, the Company repurchased 11,121,497 shares of its common stock for $510 million (including commissions and $5 million in excise tax) under the Company's current program and during the years ended December 31, 2022 and 2021, no shares of its common stock were repurchased. All share repurchases of the Company's common stock have been recorded as treasury stock in the accompanying balance sheets. Included in the 11,121,497 shares mentioned above, 5,783,021 shares were purchased pursuant to an underwriting agreement with Dr. Miriam Adelson and the Miriam Adelson Trust and several underwriters, in which the Company repurchased the shares from the underwriters at a price per share equal to the public offering price, less underwriting discounts and commissions. Refer to “Note 19 — Related Party Transactions.” Rollforward of Shares of Common Stock A summary of the outstanding shares of common stock is as follows: Balance as of January 1, 2021 763,842,938 Exercise of stock options 121,710 Issuance of restricted stock 25,104 Balance as of December 31, 2021 763,989,752 Issuance of restricted stock 46,448 Vesting of restricted stock units 211,083 Balance as of December 31, 2022 764,247,283 Exercise of stock options 77,856 Issuance of restricted stock 17,166 Vesting of restricted stock units 233,654 Forfeiture of restricted stock (5,806) Repurchase of common stock (11,121,497) Balance as of December 31, 2023 753,448,656 Noncontrolling Interests in SCL Dividends Subsequent to the February 21, 2020 dividend payment, SCL suspended its dividend payments as a result of the COVID-19 pandemic. SCL will assess the resumption of the dividend program at a time deemed appropriate after taking into account all facts and circumstances. Prepayment to Purchase Noncontrolling Interest On December 5, 2023, the Company’s wholly owned subsidiary, Venetian Venture Development II (“VVDI II”), entered into a Master Confirmation and Supplemental Confirmation (collectively, the "Forward Purchase Agreement") with a financial institution (the “Dealer”) relating to the purchase of the common stock of SCL (the “Forward Purchase Transaction”). Pursuant to the terms of the Forward Agreement, VVDI II made an up-front payment of HKD 1.95 billion (approximately $250 million at exchange rates as of the date of the transaction) to the Dealer on December 6, 2023, (the “Maximum Notional Amount”), and the Dealer agreed to deliver to VVDI II shares of SCL’s common stock in an amount up to the Maximum Notional Amount upon completion. The Maximum Notional Amount is subject to reduction to the extent the share price of SCL’s common stock exceeds a cap amount set forth in the Forward Agreement (the “Cap Amount”). Once the up-front payment was made, VVDI II has no further obligation to provide any additional consideration to the Dealer. The number of shares actually delivered to the Company by the Dealer will be based on the volume-weighted average share price of SCL’s common stock during the term of the Forward Transaction subject to the Cap Amount, less an agreed discount. All purchases under the Forward Purchase Transaction will be completed by June 2024 (the “Scheduled End Date”), although the exact date of completion will depend on whether the Dealer exercises its acceleration option under the Forward Agreement. The Forward Purchase Agreement contains provisions, whereby any unused portion of the Maximum Notional Amount by the Dealer be returned to VVDI II in the form of cash or be used to purchase additional shares of SCL’s common stock in open market transactions, at VVDI II's election. The Company accounted for the Forward Purchase Agreement as a hybrid instrument consisting of a host contract, the prepayment amount of $250 million, accounted for as a reduction to equity, and an embedded derivative with nominal fair value. As the embedded derivative had a nominal fair value, no derivative was recorded.

Income Taxes

Income Taxes	12 Months Ended
Income Taxes	Dec. 31, 2023
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes Consolidated income (loss) before taxes and noncontrolling interests for domestic and foreign operations is as follows: Year Ended December 31, 2023 2022 2021 (In millions) Foreign $ 1,889 $ (1,090) $ (1,091) Domestic (114) (297) (383) Total income (loss) from continuing operations before income taxes $ 1,775 $ (1,387) $ (1,474) The components of the income tax expense (benefit) from continuing operations are as follows: Year Ended December 31, 2023 2022 2021 (In millions) Foreign: Current $ 261 $ 136 $ 32 Deferred 32 (21) (12) Federal: Current 39 20 8 Deferred 12 19 (33) Total income tax expense (benefit) $ 344 $ 154 $ (5) The reconciliation of the statutory federal income tax rate and the Company's effective tax rate for continuing operations is as follows: Year Ended December 31, 2023 2022 2021 Statutory federal income tax rate 21.0 % (21.0) % (21.0) % Increase (decrease) in tax rate resulting from: Foreign and U.S. tax rate differential (6.5) % 9.0 % 6.7 % Tax exempt (income) loss of foreign subsidiary (4.2) % 4.5 % 0.6 % Change in valuation allowance 4.0 % 15.8 % 13.1 % Other, net 5.1 % 2.8 % 0.3 % Effective tax rate 19.4 % 11.1 % (0.3) % 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 Company's operations in Macao are subject to a 12% statutory income tax rate, but in connection with the 35% gaming tax, VML and its peers received a corporate income tax exemption in Macao that exempted the Company from paying corporate income tax on profits generated by gaming operations through December 31, 2022. On February 5, 2024, the Macao government provided notice that VML and its peers would continue to receive this exemption for the period January 1, 2023 through December 31, 2027. Additionally, in April 2019, the Company entered into a shareholder dividend tax agreement with the Macao government, effective through June 26, 2022, providing for payments as a substitution for a 12% tax otherwise due from VML shareholders on dividend distributions paid from VML gaming profits; namely an annual payment of 38 million patacas (approximately $5 million at exchange rates in effect on December 31, 2023) for 2021 and a payment of 18 million patacas (approximately $2 million at exchange rates in effect on December 31, 2023) for the period between January 1, 2022 through June 26, 2022. The Company is in discussions for a new shareholder dividend tax agreement with the Macao government, which would commence effective as of January 1, 2023. The effective income tax rate for the year ended December 31, 2023 reflects a continuation of the exemption from Macao's corporate income tax on profits generated by the operation of casino games of chance and a new shareholder dividend tax agreement. Consolidated net income attributable to LVSC would have been reduced by $46 million and diluted earnings per share would have been reduced by $0.06 per share for the year ended December 31, 2023 without the consideration of the income tax exemption in Macao. The VML gaming losses incurred during 2022 and 2021 did not generate a tax benefit because they were not subject to tax. 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 Inflation Reduction Act of 2022 (“IRA”) was signed into law on August 16, 2022. The IRA contains numerous provisions including a 15% corporate alternative minimum tax (“CAMT”) for certain large corporations that have at least an average of $1 billion adjusted financial statement income over a consecutive three-year period effective in tax years beginning after December 31, 2022. Applicable corporations would be allowed to claim a credit for the corporate minimum tax paid against regular tax in future years. Based upon the Company's analysis of the IRA and subsequently released guidance, management does not expect the CAMT will have a material effect on our future cash flows and results of operations. The IRA also includes a 1% excise tax on corporate stock repurchases beginning January 1, 2023, which amounted to $5 million during year ended December 31, 2023. The primary tax affected components of the Company's net deferred tax liabilities are as follows: December 31, 2023 2022 (In millions) Deferred tax assets: U.S. foreign tax credit carryforwards $ 3,575 $ 3,720 Net operating loss carryforwards 401 481 Research and development 22 — Stock-based compensation 18 17 Accrued expenses 12 9 Pre-opening expenses 5 — Provision for credit losses 1 1 Other 3 14 4,037 4,242 Less — valuation allowances (3,879) (4,083) Total deferred tax assets 158 159 Deferred tax liabilities: Property and equipment (219) (174) Prepaid expenses (2) (2) Other (3) (4) Total deferred tax liabilities (224) (180) Deferred tax liabilities, net $ (66) $ (21) The Company's U.S. foreign tax credit carryforwards were $3.61 billion and $3.76 billion as of December 31, 2023 and 2022, respectively, which expire beginning in 2024 and 2023, respectively. There was a valuation allowance of $3.49 billion and $3.61 billion as of December 31, 2023 and 2022, respectively, provided on certain U.S. foreign tax credit carryforwards, as the Company believes these assets do not meet the “more-likely-than-not” criteria for recognition. Net operating loss carryforwards for the Company's foreign subsidiaries were $3.28 billion and $3.96 billion as of December 31, 2023 and 2022, respectively, which expire beginning in 2024 and 2023, respectively. There are valuation allowances of $394 million and $475 million as of December 31, 2023 and 2022, 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. 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. To the extent the Company has indefinitely reinvested earnings in foreign jurisdictions, it 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, 2023 2022 2021 (In millions) Balance at the beginning of the year $ 136 $ 136 $ 131 Reductions to tax positions related to prior years (3) (15) (4) Additions to tax positions related to current year 8 15 9 Balance at the end of the year $ 141 $ 136 $ 136 As of December 31, 2023, 2022 and 2021, unrecognized tax benefits of $36 million, $36 million and $57 million, respectively, were recorded as reductions to the U.S. foreign tax credit deferred tax asset. As of December 31, 2023, 2022 and 2021, unrecognized tax benefits of $105 million, $100 million and $79 million, respectively, were recorded in “Other long-term liabilities.” Included in the unrecognized tax benefit balance as of December 31, 2023, 2022 and 2021, are $122 million, $122 million and $126 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 2019 in Macao and Singapore and tax years 2010 through 2015 and 2020 through 2022 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 $19 million, $13 million and $10 million were accrued as of December 31, 2023, 2022 and 2021, respectively. The Company does not expect a significant increase or decrease in unrecognized tax benefits over the next twelve months.

Fair Value Disclosures

Fair Value Disclosures	12 Months Ended
Fair Value Disclosures	Dec. 31, 2023
Fair Value Disclosures [Abstract]
Fair Value Disclosures	Fair Value Disclosures As of December 31, 2023 and 2022, the amounts of the Company's assets and liabilities that were accounted for at fair value were immaterial. The following table presents the carrying amounts and estimated fair values of financial instruments held or issued by the Company as of December 31, 2023 and 2022, using available market information. Determining fair value is judgmental in nature and requires market assumptions and/or estimation methodologies. The table excludes cash, restricted cash, accounts receivables, net, and accounts payable, all of which had fair values approximating their carrying amounts due to the short maturities and liquidity of these instruments. December 31, 2023 Hierarchy Level Carrying Amount Level 1 Level 2 (in millions) Assets: Cash equivalents Cash deposits $ 2,153 $ 2,153 Money market funds 52 52 U.S. Treasury Bills 1,124 1,124 Loan Receivable (1) 1,194 $ 1,130 Liabilities: Long-term debt (2) 14,090 13,526 December 31, 2022 Hierarchy Level Carrying Amount Level 1 Level 2 (in millions) Assets: Cash equivalents Cash deposits $ 3,249 $ 3,249 Money market funds 134 134 Loan Receivable (1) 1,165 $ 1,078 Liabilities: Long-term debt (2) 16,060 15,140 __________________ (1) The fair value is estimated based on level 2 inputs and reflects the increase in market interest rates since finalizing the terms of the loan receivable at a fixed interest rate on March 2, 2021. (2) 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).

Leases

Leases	12 Months Ended
Leases	Dec. 31, 2023
Leases [Abstract]
Leases	Leases Lessee The Company has operating and finance leases for various real estate (including leasehold interests in land) and equipment. Certain of these lease agreements include rental payments adjusted periodically for inflation, rental payments based on usage and rental payments contingent on certain events occurring. Certain of the Company’s leases include options to extend the lease term by one month to 10 years. The Company’s lease agreements do not contain any material residual value guarantees or material restrictive covenants. Nassau Coliseum In conjunction with the Nassau Coliseum Transaction, the seller assigned their lease of the land on which the related assets, including the Nassau Coliseum and other improvements, are affixed (the “Original Lease”) to the Company. Immediately following this assignment, the Company entered into a new land lease agreement with the County of Nassau (the “County”) in the State of New York, for the use and exclusive right to develop and operate assets on the land (the “New Lease”), which commenced on June 2, 2023. On April 18, 2023, Hofstra University (“Hofstra”) filed a petition against the Nassau County Planning Commission (the “Planning Commission”) in the New York Supreme Court, County of Nassau, asserting, among other things, that certain meetings held by the Planning Commission concerning the New Lease and certain related transactions were not properly noticed and/or held, and that appropriate materials concerning the meetings were not made available to the public by the Planning Commission in connection with the meetings. On May 31, 2023, Hofstra filed an amended petition that, among other things, added additional respondents and sought to invalidate certain votes held by the County and the Nassau County Legislature. The Company is not a party to these proceedings. In a decision and order dated November 9, 2023, the Court annulled various votes held by the Nassau County Legislature, annulled the New Lease and remitted the matter to the Planning Commission and the Nassau County Legislature to conduct a proper public hearing in accordance with all relevant statutes and rules, including the Nassau County Administrative Code and the Open Meetings law and for the issuance of a positive declaration pursuant to the New York State Environmental Quality Review Act and for the preparation of an Environmental Impact Statement. On November 10, 2023, the respondents appealed the decision and order and on November 21, 2023, Hofstra cross-appealed. On December 13, 2023, the Appellate Division: Second Judicial Department denied respondents’ motion to stay enforcement of the decision and order pending the appeal, but granted a calendar preference, indicating that the appeal will be calendared expeditiously after all briefs have been filed. With the invalidation of the New Lease noted above, the Company became the lessee in the Original Lease. This was accounted for as a lease modification on December 14, 2023. Prior to the invalidation of the New Lease, the Company made the required lease payments, including a one-time rent payment of $54 million made under the finance lease liability included in cash flows used in financing activities. On January 29, 2024, Hofstra filed a motion seeking a declaration that the Court’s prior order included the annulment of Nassau County’s consent and the putative assignment to the Company of the Original Lease. The Original Lease was accounted for as an operating lease and includes approximately 61 acres of land and a remaining lease term of 26 years. The Company is required to make annual rent payments in the amounts and at the times specified in the Original Lease. As of December 31, 2023, the operating lease ROU asset and lease liability were $153 million and $79 million, respectively. Refer to “Note 9 — Goodwill and Intangible Assets, Net” for further details on this transaction. In the accompanying consolidated balance sheet, the Original Lease ROU asset is included in “Leasehold interests in land, net” and the noncurrent portion of the related lease liability is included in “Other long-term liabilities.” The Original Lease future minimum lease payments are $4 million for the year ending December 31, 2024, $5 million for each of the years ending December 31, 2025 through 2028, and $124 million thereafter. Lessee Disclosure s Leases recorded on the balance sheet consist of the following (excluding the leasehold interests in land assets; see “Note 8 — Leasehold Interests in Land, Net”): December 31, Leases Classification on the Balance Sheet 2023 2022 (In millions) Assets Operating lease ROU assets Other assets, net $ 53 $ 23 Finance lease ROU assets Property and equipment, net (1) $ 5 $ 10 Liabilities Current Operating Other accrued liabilities $ 19 $ 13 Finance Current maturities of long-term debt $ 9 $ 8 Noncurrent Operating Other long-term liabilities $ 252 $ 157 Finance Long-term debt $ 9 $ 13 ____________________ (1) Finance lease ROU assets are recorded net of accumulated depreciation of $23 million and $26 million as of December 31, 2023 and 2022, respectively. Other information related to lease term and discount rate is as follows: December 31, 2023 2022 Weighted Average Remaining Lease Term Operating leases 26.6 years 32.0 years Finance leases 2.1 years 2.5 years Weighted Average Discount Rate Operating leases 5.0 % 4.9 % Finance leases 6.3 % 4.9 % The components of lease expense are as follows: December 31, 2023 2022 2021 (In millions) Operating lease cost: Amortization of leasehold interests in land $ 56 $ 55 $ 56 Operating lease cost 14 21 14 Short-term lease cost 5 4 1 Variable lease cost 11 2 2 Finance lease cost: Amortization of leasehold interests in land 2 — — Amortization of ROU assets 4 5 8 Interest on lease liabilities 6 1 1 Total lease cost $ 98 $ 88 $ 82 Supplemental cash flow information related to leases is as follows: December 31, 2023 2022 2021 (In millions) Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows for operating leases $ 17 $ 14 $ 16 Financing cash flows for finance leases $ 57 $ 4 $ 5 Right-of-use assets obtained in exchange for lease liabilities: Operating leases $ 194 $ 8 $ 10 Finance leases $ 1 $ 1 $ 9 As of December 31, 2023, the Company has short-term lease commitments of $37 million. Maturities of lease liabilities are summarized as follows: Operating Leases Finance Leases (In millions) Year ending December 31, 2024 $ 26 $ 10 2025 20 8 2026 19 1 2027 18 — 2028 16 — Thereafter 408 — Total future minimum lease payments 507 19 Less — amount representing interest (236) (1) Present value of future minimum lease payments 271 18 Less — current lease obligations (19) (9) Long-term lease obligations $ 252 $ 9 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 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 20 years. The leases include minimum base rents with escalated contingent rent clauses. Lease revenue consists of the following: Year Ended December 31, 2023 2022 2021 Mall Other Mall Other Mall Other (In millions) Minimum rents $ 503 $ 1 $ 484 $ 1 $ 505 $ 1 Overage rents 166 — 78 — 115 — Rent concessions (1) — — (70) — (65) — Other (2) — — — — 6 — Total overage rents and rent concessions 166 — 8 — 56 — $ 669 $ 1 $ 492 $ 1 $ 561 $ 1 ___________________ (1) Rent concessions were provided to tenants during the years ended December 31, 2022 and 2021 as a result of the COVID-19 pandemic and the impact on mall operations. (2) Amount related to a grant provided by the Singapore government to lessors to support small and medium enterprises impacted by the COVID-19 pandemic in connection with their rent obligations. Future minimum rentals (excluding the escalated contingent rent clauses) on non-cancelable leases are as follows: Mall Other (In millions) Year ending December 31, 2024 $ 497 $ 1 2025 370 — 2026 295 — 2027 239 — 2028 186 — Thereafter 225 — Total minimum future rentals $ 1,812 $ 1 The cost and accumulated depreciation of property and equipment the Company is leasing to third parties is as follows: December 31, 2023 2022 (In millions) Property and equipment, at cost $ 1,573 $ 1,554 Accumulated depreciation (773) (711) Property and equipment, net $ 800 $ 843

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
Commitments and Contingencies	Dec. 31, 2023
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 January 19, 2012, Asian American Entertainment Corporation, Limited (“AAEC” or “Plaintiff”) filed a claim with the Macao First Instance Court against VML, LVS (Nevada) International Holdings, Inc. (“LVS (Nevada)”), Las Vegas Sands, LLC (“LVSLLC”) and Venetian Casino Resort (“VCR”) (collectively, the “Defendants”) for 3.0 billion patacas (approximately $373 million at exchange rates in effect on December 31, 2023), which 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 March 24, 2014, the Macao First Instance Court issued a decision holding that AAEC’s claim against VML is unfounded and that VML be removed as a party to the proceedings. On May 8, 2014, AAEC lodged an appeal against that decision and the appeal is currently pending. On June 5, 2015, the U.S. Defendants applied to the Macao First Instance Court to dismiss the claims against them as res judicata based on the dismissal of prior action in the United States that had alleged similar claims. On March 16, 2016, the Macao First Instance Court dismissed the defense of res judicata. An appeal against that decision was lodged by U.S. Defendants on April 7, 2016. At the end of December 2016, all the appeals were transferred to the Macao Second Instance Court. Evidence gathering by the Macao First Instance commenced by letters rogatory, which was completed on March 14, 2019. On July 15, 2019, AAEC submitted a request to the Macao First Instance Court to increase the amount of its claim to 96.45 billion patacas (approximately $11.98 billion at exchange rates in effect on December 31, 2023), allegedly representing lost profits from 2004 to 2018, and reserving its right to claim for lost profits up to 2022. On September 4, 2019, the Macao First Instance Court allowed AAEC’s amended request. The U.S. Defendants appealed the decision allowing the amended claim on September 17, 2019; the Macao First Instance Court accepted the appeal on September 26, 2019, and that appeal is currently pending. On April 16, 2021, the U.S. Defendants moved to reschedule the trial because of the ongoing COVID-19 pandemic. The Macao First Instance Court denied the U.S. Defendants’ motion on May 28, 2021. The U.S. Defendants appealed that ruling on June 16, 2021, and that appeal is currently pending. The trial began on June 16, 2021. By order dated June 17, 2021, the Macao First Instance Court scheduled additional trial dates in late 2021 to hear witnesses who were subject to COVID-19 travel restrictions that prevented or severely limited their ability to enter Macao. The U.S. Defendants appealed certain aspects of the Macao First Instance Court’s June 17, 2021 order, and that appeal is currently pending. On July 10, 2021, the U.S. Defendants were notified of an invoice for supplemental court fees totaling 93 million patacas (approximately $12 million at exchange rates in effect on December 31, 2023) based on Plaintiff’s July 15, 2019 amendment. By motion dated July 20, 2021, the U.S. Defendants moved for an order withdrawing that invoice. The Macao First Instance Court denied that motion by order dated September 11, 2021. The U.S. Defendants appealed that order on September 23, 2021, and that appeal is currently pending. By order dated September 29, 2021, the Macao First Instance Court ordered that the invoice for supplemental court fees be stayed pending resolution of that appeal. From December 17, 2021 to January 19, 2022, Plaintiff submitted additional documents to the court file and disclosed written reports from two purported experts, who calculated Plaintiff’s damages at 57.88 billion patacas and 62.29 billion patacas (approximately $7.19 billion and $7.74 billion, respectively, at exchange rates in effect on December 31, 2023). On April 28, 2022, the Macao First Instance Court entered a judgment for the U.S. Defendants. The Macao First Instance Court also held that Plaintiff litigated certain aspects of its case in bad faith. Plaintiff filed a notice of appeal from the Macao First Instance Court’s judgment on May 13, 2022. That appeal is fully briefed and remains pending with the Macao Second Instance Court. On September 19, 2022, the U.S. Defendants were notified of an invoice for appeal court fees totaling 48 million patacas (approximately $6 million at exchange rates in effect on December 31, 2023). By motion dated September 29, 2022, the U.S. Defendants moved the Macao First Instance Court for an order withdrawing that invoice. The Macao First Instance Court denied that motion by order dated October 24, 2022. The U.S. Defendants appealed that order on November 10, 2022 and on January 6, 2023, submitted the appeal brief, and that appeal remains pending. On October 9, 2023, the U.S. Defendants were notified that the Macao Second Instance Court had invited Plaintiff to amend its appeal brief, primarily to separate out matters of fact from matters of law, and Plaintiff had submitted an amended appeal brief on October 5, 2023. The U.S. Defendants responded to Plaintiff’s amended appeal brief on October 30, 2023. On November 8, 2023, the Macao Second Instance Court issued an order concluding that Plaintiff may have litigated in bad faith by exceeding the scope of permissible amendments to its appeal brief and invited responses from the parties. Plaintiff moved for clarification of the November 8 order on November 22, 2023, and the U.S. Defendants responded to the November 8 order on November 23, 2023. On January 5, 2024, the Macao Second Instance Court rejected Plaintiff's request for clarification. This matter is currently pending the Macao Second Instance Court's decision. 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 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 lead plaintiffs (“Lead Plaintiffs”). On March 8, 2021, Lead Plaintiffs filed a purported class action amended complaint against LVSC, Sheldon G. Adelson, Patrick Dumont, and Robert G. Goldstein, alleging similar violations of Sections 10(b) and 20(a) of the Exchange Act over the same time period of February 27, 2016 through September 15, 2020. On March 22, 2021, the U.S. District Court granted Lead Plaintiffs’ motion to substitute Dr. Miriam Adelson, in her capacity as the Special Administrator for the estate of Sheldon G. Adelson, for Sheldon G. Adelson as a defendant in this action. On May 7, 2021, the defendants filed a motion to dismiss the amended complaint, which on March 28, 2022, the U.S. District Court granted in its entirety. The U.S. District Court dismissed certain claims with prejudice, but granted Lead Plaintiffs leave to amend the complaint with respect to the other claims by April 18, 2022. On April 8, 2022, Lead Plaintiffs filed a motion for reconsideration and to extend time to file an Amended Complaint. The defendants filed an opposition to the motion on April 22, 2022. On April 18, 2022, Lead Plaintiffs filed a second amended complaint. On May 18, 2022, the defendants filed a motion to dismiss the second amended complaint, and briefing was completed on July 8, 2022. On August 8, 2023, the U.S. District Court denied Lead Plaintiffs’ motion for reconsideration, and granted in part and denied in part the defendants’ motion to dismiss the second amended complaint. The U.S. District Court dismissed Lead Plaintiffs’ allegations pertaining to the challenged statements that were made in 2016, 2017 and 2018, but allowed the allegations pertaining to the challenged statements from 2019 and 2020 to proceed. On August 22, 2023, the defendants filed a motion for partial reconsideration, requesting that the U.S. District Court reconsider its denial of the motion to dismiss with respect to the challenged statements from 2019 and 2020. If the motion for partial reconsideration is granted, this would result in dismissal of the second amended complaint. The defendants also moved, in the event the motion for partial reconsideration is not granted, for certification for interlocutory appeal of the U.S. District Court’s order allowing the challenged statements from 2019 and 2020 to proceed. The defendants simultaneously filed a motion for a stay pending adjudication of the motion for reconsideration, which requests a stay of all discovery and case deadlines. Briefing on both motions was completed on September 12, 2023. On December 19, 2023, the U.S. District Court granted the defendants’ motion for partial reconsideration and, on January 2, 2024, entered an amended order granting the defendants’ motion to dismiss the second amended complaint in its entirety. The U.S. District Court also granted Lead Plaintiffs leave to file an amended complaint by January 18, 2024. In addition, in light of its granting the motion for partial reconsideration, the U.S. District Court denied the defendants’ motion for a stay of discovery and case deadlines as moot. On January 18, 2024, Lead Plaintiffs informed Defendants that they would not be filing an amended complaint. 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. On February 24, 2021, the U.S. District Court entered an order granting the parties’ stipulation to stay this action in light of the Daniels Family 2001 Revocable Trust putative securities class action (the “Securities Action”). Subject to the terms of the parties’ stipulation, this action is stayed until 30 days after the final resolution of the motion to dismiss in the Securities Action. On March 11, 2021, the U.S. District Court granted the plaintiff’s motion to substitute Dr. Miriam Adelson, in her capacity as the Special Administrator for the estate of Sheldon G. Adelson, for Sheldon G. Adelson as a defendant in this action. 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. Commitments Macao Concession Annual Premium Under the Macao Concession, the Company is obligated to pay to the Macao government an annual gaming 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, 2023). 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 $37,274, $18,637 and $124, respectively, at exchange rates in effect on December 31, 2023), subject to a minimum of 76 million patacas (approximately $9 million at exchange rates in effect on December 31, 2023). Based on the gaming tables and gaming machines (which is at the maximum number of tables and machines currently allowed by the Macao government) in operation as of December 31, 2023, the annual premium payable to the Macao government is approximately $40 million during each of the next five years ending December 31, 2028, and approximately $158 million in aggregate thereafter through the termination of the Concession in December 2032. The Company is also obligated to pay a special gaming tax of 35% of gross gaming revenues and applicable withholding taxes. Under the Concession, the Company must also contribute 5% of its gross gaming revenue to utilities designated by the Macao government, a portion of which must be used for promotion of tourism in Macao. Additionally, under the Concession, the Company is also obligated to pay a special annual gaming premium if the average of the gross gaming revenues of the Company's gaming tables and electrical or mechanical gaming machines, including slot machines, is lower than a certain minimum amount determined by the Macao government; such special premium being the difference between the gaming tax based on the actual gross gaming revenues and that of the specified minimum amount; this minimum amount has been set by the Macao government at 7 million patacas per gaming table and 300,000 patacas per gaming machine (approximately $1 million and $37,274, respectively, at exchange rates in effect on December 31, 2023), for an annual total of 4.50 billion patacas (approximately $560 million at exchange rates in effect on December 31, 2023) based on the maximum number of gaming tables and gaming machines the Company is currently authorized to operate. No special annual gaming premium was paid for the year ended December 31, 2023. Handover Record Pursuant to the Handover Record, the Company is required to make annual payments of 750 patacas per square meter for the first three years and 2,500 patacas per square meter for the following seven years (approximately $93 and $311, respectively, at exchange rates in effect on December 31, 2023). The annual payment of 750 patacas per square meter will be adjusted with the Macao average price index of the corresponding preceding year for years two and three and the annual payment of 2,500 patacas per square meter will be adjusted with the Macao average price index of the corresponding preceding year for years five through ten. The annual fee for the next two years is approximately $13 million and $42 million for the next seven years, subject to the Macao average price index adjustment mentioned above. Committed Investment Under the Concession, the Company is obligated to develop certain gaming and non-gaming investment projects by December 2032 in connection with, among others, attraction of international visitors, conventions and exhibitions, entertainment shows, sporting events, culture and art, health and wellness and themed attractions, as well as support Macao's position as a city of gastronomy and increase community and maritime tourism, and we are required to invest, or cause to be invested, at least 30.24 billion patacas (approximately $3.76 billion at exchange rates in effect on December 31, 2023), including 27.80 billion patacas (approximately $3.45 billion at exchange rates in effect on December 31, 2023) on non-gaming projects. Pursuant to the concession agreement, the Company is required to increase its investment in non-gaming projects by 20% as Macao’s annual market gross gaming revenue exceeded 180 billion patacas (approximately $22.36 billion at exchange rates in effect on December 31, 2023) for the year ended December 31, 2023. Consequently, the Company is required to invest, or cause to be invested, an additional 5.56 billion patacas (approximately $691 million at exchange rates in effect on December 31, 2023) in non-gaming investment projects by December 2032. Non-Cancelable Contractual Obligations The Company's non-cancelable contractual obligations (excluding operating leases and the Macao annual gaming premium mentioned above) is $724 million as of December 31, 2023. The amount excludes open purchase orders with the Company's suppliers that have not yet been received as these agreements generally allow the Company the option to cancel, reschedule and adjust terms based on the Company's business needs prior to the delivery of goods or performance of services. These obligations consist primarily of certain hotel management and service agreements. Some of the Company's hotel properties operate pursuant to management agreements with various experienced third-party hotel operators (management companies), whereby the management company controls the day-to-day operations of each of these hotels, and the Company is granted limited approval rights with respect to certain of the management company’s actions. The non-cancelable period of the Company's management agreements ranges from 14 to 40 years with various extension provisions and some with early termination options. Each management company receives a base management fee, generally a percentage of revenue as defined. There are also monthly fees for certain support services and some also include incentive fees based on attaining certain financial thresholds. Additionally, the Company's non-cancelable contractual obligations also include agreements with certain celebrities and professional sports leagues and teams for the hosting of events, advertising, marketing, promotional and sponsorship opportunities in order to promote the Company’s brand and services.

Stock-Based Employee Compensati

Stock-Based Employee Compensation	12 Months Ended
Stock-Based Employee Compensation	Dec. 31, 2023
Share-Based Payment Arrangement [Abstract]
Stock-Based Employee Compensation	Stock-Based Compensation The Company has two equity plans that allow for the grants of stock-based compensation awards of the Company's common stock and ordinary shares of SCL (the “2004 Plan” and the “SCL Equity Plan,” respectively), which are described below. The 2004 Plan provides for the granting of equity awards pursuant to the applicable provisions of the Internal Revenue Code and regulations in the United States. 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, 2023, there were 1,348,784 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 Under the 2004 Plan, the Company granted restricted stock to eligible employees (“restricted stock units”) and restricted stock to non-employee directors (“restricted stock”). Such restricted stock units generally vest over three years or other periods subject to approval and the restricted stock vests on the earlier to occur of the first anniversary of the date of grant and the date of the Company’s annual meeting of stockholders in the calendar year following the date of grant, in each case, provided that the director is still serving on the Board on the vesting date. Grantees are entitled to any accumulated dividends in cash upon vesting. 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 its consultants are eligible for awards under the SCL Equity Plan. 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. The 2019 Equity Award Plan was approved by SCL's shareholders on May 24, 2019, and took effect on December 1, 2019, with materially the same terms of the 2009 Equity Plan. As of December 31, 2023, there were 805,319,139 shares of SCL's ordinary shares common stock available for grant under the 2019 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 pursuant to the SCL 2019 Equity Plan. Stock option awards are granted with an exercise price not less than the highest of (i) the closing price of SCL's stock on the date of grant, which must be a business day, (ii) the average closing price of SCL's stock for the five business days immediately preceding the date of grant and (iii) the nominal value of a SCL stock, which is $0.01. The outstanding stock options generally vest over four years and have contractual terms of ten years. Compensation cost for all stock option grants, which generally have graded vesting is recognized on a straight-line basis over the awards' respective requisite service periods. SCL estimates the fair value of stock options using the Black-Scholes option-pricing model. Expected volatilities are based on SCL's historical volatility for a period equal to the expected life of the stock options. The expected option life is based on the contractual term of the option as well as historical exercise and forfeiture behavior. The risk-free interest rate for periods equal to the expected term of the stock option is based on the Hong Kong Government Bond rate in effect at the time of the grant. The expected dividend yield is based on the estimate of annual dividends expected to be paid at the time of the grant. Under the SCL 2009 Equity Plan and the SCL 2019 Equity Plan, SCL granted restricted share units to eligible employees. Such restricted share units generally vest over three years or other periods subject to approval. Grantees 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 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, 2023 2022 2021 LVSC Amended 2004 Plan: Weighted average volatility 26.1 % 26.0 % 25.1 % Expected term (in years) 8.4 6.3 5.5 Risk-free rate 4.0 % 2.1 % 0.9 % Expected dividend yield 1.7 % — % — % SCL Equity Plan: Weighted average volatility — % 43.7 % — % Expected term (in years) — 7.2 — Risk-free rate — % 2.7 % — % Expected dividend yield — % — % — % A summary of the stock option activity for the Company's equity award plans for the year ended December 31, 2023, is presented below: Shares Weighted Weighted Aggregate LVSC Amended 2004 Plan: Outstanding as of January 1, 2023 14,538,774 $ 48.09 Granted 510,157 48.63 Exercised (79,121) 46.95 Forfeited or expired (55,432) 65.11 Outstanding as of December 31, 2023 14,914,378 $ 48.04 5.60 $ 80 Exercisable as of December 31, 2023 10,250,558 $ 50.82 4.70 $ 45 SCL Equity Plan: Outstanding as of January 1, 2023 48,400,900 $ 4.84 Exercised (190,700) 3.46 Forfeited or expired (3,884,850) 4.92 Outstanding as of December 31, 2023 44,325,350 $ 4.84 4.00 $ 2 Exercisable as of December 31, 2023 41,025,350 $ 5.05 3.62 $ — A summary of the unvested restricted stock and restricted stock units under the Company's equity award plans for the year ended December 31, 2023, is presented below: Shares Weighted LVSC Amended 2004 Plan: Unvested Restricted Stock Balance as of January 1, 2023 40,642 $ 30.14 Granted 17,166 61.15 Vested (34,836) 30.14 Forfeited (5,806) 30.14 Balance as of December 31, 2023 17,166 $ 61.15 Unvested Restricted Stock Units Balance as of January 1, 2023 575,262 $ 47.99 Granted 577,636 57.77 Vested (265,265) 48.10 Forfeited (6,993) 43.66 Balance as of December 31, 2023 880,640 $ 54.14 SCL Equity Plan: Unvested Restricted Stock Units Balance as of January 1, 2023 21,157,564 $ 2.79 Granted 6,792,000 3.44 Vested (9,315,592) 2.92 Forfeited (742,976) 2.79 Balance as of December 31, 2023 17,890,996 $ 2.98 The grant date fair value of SCL's restricted stock unit awards is the share price of SCL's ordinary stock 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 closing price of SCL's stock on the vesting date or higher of (i) the closing price of SCL's stock on the vesting date, and (ii) the average closing price of SCL's stock for the five trading days immediately preceding the vesting date. The accrued liability associated with these cash-settled restricted stock units was $32 million and $34 million as of December 31, 2023 and 2022, respectively. As of December 31, 2023, under the Amended 2004 Plan there was $36 million and $31 million of unrecognized compensation cost related to unvested stock options and unvested restricted stock and stock units, respectively. The stock option and restricted stock and stock unit costs are expected to be recognized over a weighted average period of 2.7 years, and 1.8 years, respectively. As of December 31, 2023, under the SCL Equity Plan there was $3 million and $21 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 3.0 years and 1.8 years, respectively. The stock-based compensation activity for the Amended 2004 Plan and SCL Equity Plan is as follows for the three years ended December 31, 2023: Year Ended December 31, 2023 2022 2021 (Dollars in millions, except weighted average grant date fair values) Compensation expense: Stock options $ 21 $ 24 $ 14 Restricted stock and stock units 51 46 13 $ 72 $ 70 $ 27 Income tax benefit recognized in the consolidated statements of operations $ 3 $ 2 $ 1 Compensation cost capitalized as part of property and equipment $ 1 $ 2 $ 1 LVSC Amended 2004 Plan: Stock options granted 510,157 1,730,000 4,513,468 Weighted average grant date fair value $ 15.58 $ 12.74 $ 8.63 Restricted stock granted 17,166 46,448 25,104 Weighted average grant date fair value $ 61.15 $ 30.14 $ 55.76 Restricted stock units granted 577,636 123,497 786,310 Weighted average grant date fair value $ 57.77 $ 42.55 $ 48.96 Stock options exercised: Intrinsic value $ 1 $ — $ 1 Cash received $ 3 $ — $ 7 SCL Equity Plan: Stock options granted — 3,300,000 — Weighted average grant date fair value $ — $ 1.13 $ — Restricted stock units granted 6,792,000 9,393,200 13,039,600 Weighted average grant date fair value $ 3.44 $ 2.32 $ 3.22 Stock options exercised: Intrinsic value $ — $ — $ 3 Cash received $ 1 $ — $ 12

Related Party Transactions

Related Party Transactions	12 Months Ended
Related Party Transactions	Dec. 31, 2023
Related Party Transactions [Abstract]
Related Party Transactions	Related Party Transactions During the years ended December 31, 2023, 2022 and 2021, Dr. Adelson, her family members and trusts and other entities established for the benefit of Dr. Adelson‘s family members (collectively the “Principal Stockholders”) purchased certain services from the Company including security and medical support, design services and other goods and services for $2 million, $3 million and $2 million, respectively. For the years ended December 31, 2023, 2022 and 2021, the Company incurred less than $1 million, $1 million and $3 million, respectively, for food and beverage services, newspaper subscriptions and security support from entities in which the Principal Stockholders have an ownership interest. During the years ended December 31, 2023, 2022 and 2021, the Company incurred certain expenses of $11 million, $6 million and $3 million, respectively, related to the Company's use of its Principal Stockholders' personal aircraft, yacht and aircraft refurbishment and maintenance services for business purposes. During the years ended December 31, 2023, 2022 and 2021, the Company charged the Principal Stockholders $21 million, $19 million and $21 million, respectively, related to aviation costs incurred by the Company for the Principal Stockholders' use of Company aviation personnel and assets for personal purposes. Related party receivables were $8 million and $2 million as of December 31, 2023 and 2022, respectively. Related party payables were approximately $1 million and $1 million as of December 31, 2023 and 2022, respectively. On November 28, 2023, the Company entered into an underwriting agreement (the “Underwriting Agreement”) with Dr. Miriam Adelson and the Miriam Adelson Trust (the “Selling Stockholders”), and Goldman Sachs & Co. LLC and BofA Securities, Inc., as representatives (the “Representatives”) of several underwriters, relating to the sale by the Selling Stockholders of 46,264,168 shares of the Company’s common stock, par value $0.001 per share (the “Common Stock”), at a public offering price of $44 per share (the “Offering”). In addition, concurrently with the closing of the Offering, the Company repurchased 5,783,021 shares of its Common Stock from the Underwriters for $250 million at a price per share equal to the public offering price, less underwriting discounts and commissions. On July 11, 2022, the Company entered into an intercompany term loan agreement with SCL, a related party, in the amount of $1.0 billion, which is repayable on July 11, 2028. In the first two years from July 11, 2022, SCL will have the option to elect to pay cash interest at 5% per annum or payment-in-kind interest at 6% per annum by adding the amount of such interest to the then-outstanding principal amount of the loan, following which only cash interest at 5% per annum will be payable. This loan is unsecured, subordinated to all third party unsecured indebtedness and other obligations of SCL and its subsidiaries and is eliminated in consolidation.

Segment Information

Segment Information	12 Months Ended
Segment Information	Dec. 31, 2023
Segment Reporting [Abstract]
Segment Information	Segment Information The Company’s principal operating and developmental activities occur in two geographic areas: Macao and Singapore. The Company reviews the results of operations and construction and development activities for each of its operating segments: The Venetian Macao; The Londoner Macao; The Parisian Macao; The Plaza Macao and Four Seasons Macao; Sands Macao; and Marina Bay Sands. The Company also reviews construction and development activities for its primary projects under development, in addition to its reportable segments noted above. 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) and Corporate and Other to reconcile to the consolidated results of operations and financial condition. The operations that comprised the Company’s former Las Vegas Operating Properties reportable business segment were classified as a discontinued operation through February 22, 2022, and the information below for the years ended December 31, 2022 and 2021, excludes these results. The Company's segment information as of and for the years ended December 31, 2023, 2022 and 2021, is as follows: Casino Rooms Food and Beverage Mall Convention, Retail and Other Net Revenues (In millions) Year Ended December 31, 2023 Macao: The Venetian Macao $ 2,151 $ 191 $ 63 $ 228 $ 49 $ 2,682 The Londoner Macao 1,283 324 86 66 33 1,792 The Parisian Macao 655 135 49 32 8 879 The Plaza Macao and Four Seasons Macao 462 94 30 187 6 779 Sands Macao 290 17 12 1 2 322 Ferry Operations and Other — — — — 105 105 4,841 761 240 514 203 6,559 Marina Bay Sands 2,681 443 344 254 127 3,849 Intercompany royalties — — — — 224 224 Intercompany eliminations (1) — — — (1) (259) (260) Total net revenues $ 7,522 $ 1,204 $ 584 $ 767 $ 295 $ 10,372 Year Ended December 31, 2022 Macao: The Venetian Macao $ 438 $ 55 $ 17 $ 155 $ 17 $ 682 The Londoner Macao 194 61 26 47 22 350 The Parisian Macao 116 33 10 25 4 188 The Plaza Macao and Four Seasons Macao 146 29 10 127 1 313 Sands Macao 53 6 4 1 1 65 Ferry Operations and Other — — — — 29 29 947 184 67 355 74 1,627 Marina Bay Sands 1,680 285 234 226 91 2,516 Intercompany royalties — — — — 107 107 Intercompany eliminations (1) — — — (1) (139) (140) Total net revenues $ 2,627 $ 469 $ 301 $ 580 $ 133 $ 4,110 Casino Rooms Food and Beverage Mall Convention, Retail and Other Net Revenues (In millions) Year Ended December 31, 2021 Macao: The Venetian Macao $ 944 $ 77 $ 24 $ 195 $ 16 $ 1,256 The Londoner Macao 396 90 30 56 16 588 The Parisian Macao 244 54 17 39 3 357 The Plaza Macao and Four Seasons Macao 298 45 17 184 2 546 Sands Macao 105 10 5 1 1 122 Ferry Operations and Other — — — — 28 28 1,987 276 93 475 66 2,897 Marina Bay Sands 905 139 106 176 44 1,370 Intercompany royalties — — — — 83 83 Intercompany eliminations (1) — — — (2) (114) (116) Total net revenues $ 2,892 $ 415 $ 199 $ 649 $ 79 $ 4,234 _________________________ (1) Intercompany eliminations include royalties and other intercompany services. Year Ended December 31, 2023 2022 2021 (In millions) Intersegment Revenues Macao: The Venetian Macao $ 7 $ 7 $ 4 The Londoner Macao — — 1 Ferry Operations and Other 25 23 22 32 30 27 Marina Bay Sands 4 3 6 Intercompany royalties 224 107 83 Total intersegment revenues $ 260 $ 140 $ 116 Year Ended December 31, 2023 2022 2021 (In millions) Adjusted Property EBITDA Macao: The Venetian Macao $ 1,054 $ (25) $ 297 The Londoner Macao 516 (189) (84) The Parisian Macao 269 (103) (17) The Plaza Macao and Four Seasons Macao 308 81 219 Sands Macao 59 (81) (69) Ferry Operations and Other 18 (7) (8) 2,224 (324) 338 Marina Bay Sands 1,861 1,056 448 Consolidated adjusted property EBITDA (1) 4,085 732 786 Other Operating Costs and Expenses Stock-based compensation (2) (29) (33) (12) Corporate (230) (235) (211) Pre-opening (15) (13) (19) Development (205) (143) (109) Depreciation and amortization (1,208) (1,036) (1,041) Amortization of leasehold interests in land (58) (55) (56) Loss on disposal or impairment of assets (27) (9) (27) Operating income (loss) 2,313 (792) (689) Other Non-Operating Costs and Expenses Interest income 288 116 4 Interest expense, net of amounts capitalized (818) (702) (621) Other expense (8) (9) (31) Loss on modification or early retirement of debt — — (137) Income tax (expense) benefit (344) (154) 5 Net income (loss) from continuing operations $ 1,431 $ (1,541) $ (1,469) _________________________ (1) Consolidated adjusted property EBITDA, which is a non-GAAP financial measure, is net income (loss) from continuing operations 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 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, 2023, 2022 and 2021, the Company recorded stock-based compensation expense of $72 million, $70 million and $27 million, respectively, of which $43 million, $37 million and $15 million, respectively, was included in corporate expense in the accompanying consolidated statements of operations. Year Ended December 31, 2023 2022 2021 (In millions) Capital Expenditures Corporate and Other $ 200 $ 60 $ 27 Macao: The Venetian Macao 71 52 71 The Londoner Macao 132 175 551 The Parisian Macao 9 3 4 The Plaza Macao and Four Seasons Macao 15 9 19 Sands Macao 6 4 7 Ferry Operations and Other — — 1 233 243 653 Marina Bay Sands 584 348 148 Total capital expenditures $ 1,017 $ 651 $ 828 December 31, 2023 2022 2021 (In millions) Total Assets Corporate and Other $ 5,167 $ 5,422 $ 1,357 Macao: The Venetian Macao 2,548 2,135 2,087 The Londoner Macao 4,193 4,489 4,494 The Parisian Macao 1,802 1,828 1,962 The Plaza Macao and Four Seasons Macao 1,059 1,020 1,145 Sands Macao 287 208 253 Ferry Operations and Other 335 870 132 10,224 10,550 10,073 Marina Bay Sands 6,387 6,067 5,326 Total assets $ 21,778 $ 22,039 $ 16,756 December 31, 2023 2022 2021 (In millions) Total Long-Lived Assets (1) Corporate and Other $ 655 $ 203 $ 176 Macao: The Venetian Macao 1,337 1,415 1,555 The Londoner Macao 3,796 4,085 4,317 The Parisian Macao 1,665 1,789 1,915 The Plaza Macao and Four Seasons Macao 896 975 1,055 Sands Macao 169 180 197 Ferry Operations and Other 29 41 60 7,892 8,485 9,099 Marina Bay Sands 5,141 4,891 4,741 Total long-lived assets $ 13,688 $ 13,579 $ 14,016 _________________________ (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
Selected Quarterly Financial Results (Unaudited)	Dec. 31, 2023
Quarterly Financial Information Disclosure [Abstract]
Selected Quarterly Financial Results (Unaudited)	Selected Quarterly Financial Results (Unaudited) Quarter First (1) Second Third Fourth Total (In millions, except per share data) 2023 Net revenues $ 2,120 $ 2,542 $ 2,795 $ 2,915 $ 10,372 Operating income 378 537 688 710 2,313 Net income 145 368 449 469 1,431 Net income attributable to Las Vegas Sands Corp. 147 312 380 382 1,221 Basic earnings per share 0.19 0.41 0.50 0.50 1.60 Diluted earnings per share 0.19 0.41 0.50 0.50 1.60 2022 Net revenues $ 943 $ 1,045 $ 1,005 $ 1,117 $ 4,110 Operating loss (302) (147) (177) (166) (792) Net loss from continuing operations (478) (414) (380) (269) (1,541) Income (loss) from discontinued operations, net of tax 2,907 (3) (1) (5) 2,898 Net income (loss) 2,429 (417) (381) (274) 1,357 Net income (loss) attributable to Las Vegas Sands Corp. 2,530 (290) (239) (169) 1,832 Earnings (loss) per share - basic and diluted: Loss from continuing operations $ (0.49) $ (0.38) $ (0.31) $ (0.21) $ (1.40) Income (loss) from discontinued operations, net of tax 3.80 — — (0.01) 3.80 Net income (loss) attributable to Las Vegas Sands Corp. $ 3.31 $ (0.38) $ (0.31) $ (0.22) $ 2.40 _________________________ (1) During the first quarter of 2022, the Company closed the sale of the Las Vegas Operations and recorded a gain on the sale of $2.86 billion, net of tax. The Las Vegas Operations has been disclosed as a discontinued operation for all periods presented. 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
Schedule II - Valuation and Qualifying Accounts	Dec. 31, 2023
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, 2023, 2022 and 2021 Description Balance at Provision Write-offs, Balance (In millions) Provision for credit losses: 2021 $ 255 3 (26) $ 232 2022 $ 232 15 (30) $ 217 2023 $ 217 4 (20) $ 201 Description Balance at Additions Deductions Balance (In millions) Deferred income tax asset valuation allowance: 2021 $ 4,922 115 (3) $ 5,034 2022 $ 5,034 63 (1,014) $ 4,083 2023 $ 4,083 — (204) $ 3,879

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	12 Months Ended
Summary of Significant Accounting Policies (Policies)	Dec. 31, 2023
Accounting Policies [Abstract]
Principles of Consolidation	Principles of Consolidation The consolidated financial statements include the accounts of the Company and its wholly owned and majority-owned subsidiaries. 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. Estimates are used for, but not limited to, income taxes, useful lives and impairment of property and equipment, valuation of acquired intangibles and goodwill, inventory valuation, collectability of receivables, and operating leases. These estimates and judgments are based on historical information, information currently available to the Company and on various other assumptions the Company believes to be reasonable under the circumstances. Actual results could vary from those estimates.
Cash and Cash Equivalents	Cash and Cash Equivalents and Restricted Cash and Cash Equivalents Cash and cash equivalents consist of cash and short-term investments with original maturities of three months or less. 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 include cash deposits, cash held in money market funds and U.S. Treasury Bills. Treasury Bills are held-to-maturity. Cash is considered restricted when withdrawal or general use is legally restricted. The Company determines current or noncurrent classification based on the expected duration of the restriction. The Company’s restricted cash and cash equivalents includes amounts held in a separate cash deposit account as collateral for a bank guarantee and other amounts contractually reserved for various items. The estimated fair value of the Company's cash equivalents is based on level 1 inputs (quoted market prices in active markets). Financial instruments that potentially subject the Company to concentrations of credit risk are primarily cash, cash equivalents and marketable securities. The Company maintains its cash and cash equivalent balances in the form of business checking accounts, money market accounts, cash deposits and U.S. Treasury Bills, the balances of
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 patrons following background checks and investigations of creditworthiness. 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 patrons 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.
Loan Receivable	Loan Receivable Loan receivables are carried at the outstanding principal amount. A provision for credit loss on loan receivables is established when, based on current information and events, it is probable that the Company will be unable to collect all amounts due according to the contractual terms of the loan agreement. The Company determines this by considering several factors, including the credit risk and current financial condition of the borrower, the borrower’s ability to pay current obligations, historical trends, and economic and market conditions. The Company performs a credit quality assessment on the loan receivable on a quarterly basis and reviews the need for an allowance under Financial Accounting Standards Board (“FASB”) Accounting Standards Update No. 2016-13. The Company evaluates the extent and impact of any credit deterioration that could affect the performance and the value of the secured property, as well as the financial and operating capability of the borrower. The Company also evaluates and considers the overall economic environment, casino and hospitality industry and geographic sub-market in which the secured property is located. Interest income is recorded on an accrual basis at the stated interest rate and is recorded in “Interest income” in the accompanying consolidated statements of operations.
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. Gaming Assets under the Macao Concession As the Company will continue to operate the Gaming Assets, as defined in “Note 7 — Property and Equipment, Net,” in the same manner as under the previous subconcession, obtain substantially all of the economic benefits and bear all of the risks arising from the use of these assets, as well as assuming VML will be successful in being awarded a new concession upon expiry of the current concession, the Company will continue to recognize these Gaming Assets as property and equipment over their remaining estimated useful lives.
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.
Goodwill	Goodwill
Intangible Assets other than Goodwill	Intangible Assets other than Goodwill The Company's intangible assets other than goodwill consist primarily of finite-lived intangible assets, including its Macao gaming concession and Singapore gaming license. Finite-lived intangible assets are amortized over the shorter of their contractual terms or estimated useful lives.
Lessee, leases	Leases Management determines if a contract is, or contains, a lease at inception or modification of a contract. A contract is, or contains, a lease if the contract conveys the right to control the use of an identified asset for a period in exchange for consideration. Control over the use of the identified asset means the lessee has both (a) the right to obtain substantially all of the economic benefits from the use of the asset and (b) the right to direct the use of the asset. Finance and operating lease right-of-use (“ROU”) assets and liabilities are recognized based on the present value of future minimum lease payments over the expected lease term at commencement date. As the implicit rate is not determinable in most of the Company’s leases, management uses the Company’s incremental borrowing rate based on the information available at commencement date in determining the present value of future payments. The expected lease terms include options to extend or terminate the lease when it is reasonably certain the Company will exercise such option. Lease expense for minimum lease payments is recognized on a straight-line basis over the expected lease term. The Company’s lease arrangements have lease and non-lease components. For leases in which the Company is the lessee, the Company accounts for the lease components and non-lease components as a single lease component for all classes of underlying assets (primarily real estate). Leases in which the Company is the lessor are substantially all accounted for as operating leases and the lease components and non-lease components are accounted for separately. Leases with an expected term of 12 months or less are not accounted for on the balance sheet and the related lease expense is recognized on a straight-line basis over the expected lease term.
Lessor, leases	Leases Management determines if a contract is, or contains, a lease at inception or modification of a contract. A contract is, or contains, a lease if the contract conveys the right to control the use of an identified asset for a period in exchange for consideration. Control over the use of the identified asset means the lessee has both (a) the right to obtain substantially all of the economic benefits from the use of the asset and (b) the right to direct the use of the asset. Finance and operating lease right-of-use (“ROU”) assets and liabilities are recognized based on the present value of future minimum lease payments over the expected lease term at commencement date. As the implicit rate is not determinable in most of the Company’s leases, management uses the Company’s incremental borrowing rate based on the information available at commencement date in determining the present value of future payments. The expected lease terms include options to extend or terminate the lease when it is reasonably certain the Company will exercise such option. Lease expense for minimum lease payments is recognized on a straight-line basis over the expected lease term. The Company’s lease arrangements have lease and non-lease components. For leases in which the Company is the lessee, the Company accounts for the lease components and non-lease components as a single lease component for all classes of underlying assets (primarily real estate). Leases in which the Company is the lessor are substantially all accounted for as operating leases and the lease components and non-lease components are accounted for separately. Leases with an expected term of 12 months or less are not accounted for on the balance sheet and the related lease expense is recognized on a straight-line basis over the expected lease term.
Capitalized Interest and Internal Costs	Capitalized Interest and Internal Costs
Deferred Financing Costs and Original Issue Discounts	Deferred Financing Costs and Original Issue Discounts Certain direct and incremental costs and discounts incurred in obtaining loans are capitalized and amortized to interest expense based on the terms of the related debt instruments using the effective interest method.
Revenue Recognition	Revenue Recognition Revenue from contracts with customers primarily consists of casino wagers, room sales, food and beverage transactions, rental income from the Company’s mall tenants, convention sales and entertainment and ferry ticket sales. These contracts can be written, oral or implied by customary business practices. Gross casino revenue is the aggregate of gaming wins and losses. The commissions rebated to gaming promoters and premium players for rolling play, cash discounts and other cash incentives to patrons related to gaming play are recorded as a reduction to gross casino revenue. Gaming contracts include a performance obligation to honor the patron’s wager and typically include a performance obligation to provide a product or service to the patron on a complimentary basis to incentivize gaming or in exchange for points earned under the Company’s loyalty programs. For wagering contracts that include complimentary products and services provided by the Company to incentivize gaming, the Company allocates the relative stand-alone selling price of each product and service to the respective revenue type. Complimentary products or services provided under the Company's control and discretion, which are supplied by third parties, are recorded as an operating expense. For wagering contracts that include products and services provided to a patron in exchange for points earned under the Company’s loyalty programs, the Company allocates the estimated fair value of the points earned to the loyalty program liability. The loyalty program liability is a deferral of revenue until redemption occurs. Upon redemption of loyalty program points for Company-owned products and services, the stand-alone selling price of each product or service is allocated to the respective revenue type. For redemptions of points with third parties, the redemption amount is deducted from the loyalty program liability and paid directly to the third party. Any discounts received by the Company from the third party in connection with this transaction are recorded to other revenue. After allocation to the other revenue types for products and services provided to patrons as part of a wagering contract, the residual amount is recorded to casino revenue as soon as the wager is settled. As all wagers have similar characteristics, the Company accounts for its gaming contracts collectively on a portfolio basis versus an individual basis. Hotel revenue recognition criteria are met at the time of occupancy. Food and beverage revenue recognition criteria are met at the time of service. Convention revenues are recognized when the related service is rendered or the event is held. Deposits for future hotel occupancy, convention space or food and beverage services contracts are recorded as deferred revenue until the revenue recognition criteria are met. Cancellation fees for convention contracts are recognized upon cancellation by the customer and are included in other revenues. Ferry and entertainment revenue recognition criteria are met at the completion of the ferry trip or event, respectively. Revenue from contracts with a combination of these services is allocated pro rata based on each service’s relative stand-alone selling price. Revenue from leases is primarily recorded to mall revenue and is generated from base rents and overage rents received through long-term leases with retail tenants. Base rent, adjusted for contractual escalations, is recognized on a straight-line basis over the term of the related lease. Overage rent is paid by a tenant when its sales exceed an agreed upon minimum amount and is not recognized by the Company until the threshold is met. Contract and Contract Related Liabilities The Company provides numerous products and services to its customers. There is often a timing difference between the cash payment by the customers and recognition of revenue for each of the associated performance obligations. The Company has the following main types of liabilities associated with contracts with customers: (1) outstanding chip liability, (2) loyalty program liability and (3) customer deposits and other deferred revenue for gaming and non-gaming products and services yet to be provided. The outstanding chip liability represents the collective amounts owed to gaming promoters and patrons in exchange for gaming chips in their possession. Outstanding chips are expected to be recognized as revenue or redeemed for cash within one year of being purchased. The loyalty program liability represents a deferral of revenue until patron redemption of points earned. The loyalty program points are expected to be redeemed and recognized as revenue within one year of being earned. Customer deposits and other deferred revenue represent cash deposits made by customers for future services provided by the Company. With the exception of mall deposits, which typically extend beyond a year based on the terms of the lease, the majority of these customer deposits and other deferred revenue are expected to be recognized as revenue or refunded to the customer within one year of the date the deposit was recorded.
Gaming Taxes	Gaming Taxes
Pre-Opening and Development Expenses	Pre-Opening and Development Expenses The Company accounts for costs incurred in the development and pre-opening phases of new ventures in accordance with accounting standards regarding start-up activities. Pre-opening expenses represent personnel and other costs incurred prior to the opening of new ventures and are expensed as incurred. Development expenses include the costs associated with the Company's evaluation and pursuit of new business opportunities, which are also expensed as incurred.
Advertising Costs	Advertising Costs
Corporate Expenses	Corporate Expenses Corporate expense represents payroll, travel, legal fees, professional fees and various other expenses not allocated or directly related to the Company's Integrated Resort operations and related ancillary operations.
Foreign Currency	Foreign Currency The functional currency of most of our foreign subsidiaries is the local currency in which the subsidiary operates. Balance sheet accounts are translated at the exchange rate in effect at each balance sheet date and income statement accounts are translated at the average exchange rates during the year. Translation adjustments resulting from this process are recorded to other comprehensive income (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).”
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, 2023 2022 2021 (In millions) Weighted average common shares outstanding (used in the calculation of basic earnings (loss) per share) 763 764 764 Potential dilution from stock options and restricted stock and stock units 2 — — Weighted average common and common equivalent shares (used in the calculation of diluted earnings (loss) per share) 765 764 764 Antidilutive stock options excluded from the calculation of diluted earnings (loss) per share 6 15 9
Stock-Based Employee Compensation	Stock-Based 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 compensation plans are more fully discussed in “Note 18 — Stock-Based 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.
Fair Value Measurement	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.
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 The Company’s management has evaluated all of the recently issued, but not yet effective, accounting standards that have been issued or proposed by the FASB or other standards-setting bodies through the filing date of these financial statements and does not believe the future adoption of any such pronouncements will have a material effect on the Company’s financial position, results of operations and cash flows.

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Tables)	12 Months Ended
Summary of Significant Accounting Policies (Tables)	Dec. 31, 2023
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) 2023 2022 2023 2022 2023 2022 (In millions) Balance at January 1 $ 81 $ 74 $ 72 $ 61 $ 614 $ 618 Balance at December 31 135 81 45 72 690 614 Increase (decrease) $ 54 $ 7 $ (27) $ 11 $ 76 $ (4) ____________________ (1) Of this amount, $167 million, $149 million and $145 million as of December 31, 2023 and 2022 and January 1, 2022, 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, 2023 2022 2021 (In millions) Weighted average common shares outstanding (used in the calculation of basic earnings (loss) per share) 763 764 764 Potential dilution from stock options and restricted stock and stock units 2 — — Weighted average common and common equivalent shares (used in the calculation of diluted earnings (loss) per share) 765 764 764 Antidilutive stock options excluded from the calculation of diluted earnings (loss) per share 6 15 9

Discontinued Operations (Tables

Discontinued Operations (Tables)	12 Months Ended
Discontinued Operations (Tables)	Dec. 31, 2023
Discontinued Operations and Disposal Groups [Abstract]
Disposal Groups, Including Discontinued Operations	The following table represents summarized income statement information of discontinued operations: Year Ended December 31, 2022 (1) 2021 Revenues: Casino $ 61 $ 443 Rooms 78 454 Food and beverage 43 236 Convention, retail and other 46 138 Net revenues 228 1,271 Resort operations expenses 107 626 Provision for credit losses 3 13 General and administrative 55 342 Depreciation and amortization — 25 Loss on disposal or impairment of assets — 6 Operating income 63 259 Interest expense (2) (13) Other income (expense) (3) 1 Income from operations of discontinued operations 58 247 Gain on disposal of discontinued operations 3,611 — Adjustment to gain on disposal of discontinued operations (2) (9) — Income from discontinued operations, before income tax 3,660 247 Income tax expense (762) (54) Net income from discontinued operations presented in the statement of operations $ 2,898 $ 193 Adjusted Property EBITDA $ 63 $ 290 __________________________ (1) Includes the Las Vegas Operations financial results for the period from January 1, 2022 through February 22, 2022. (2) Primarily relates to the finalization of the working capital adjustment pursuant to the terms of the related agreements.

Accounts Receivable, Net (Table

Accounts Receivable, Net (Tables)	12 Months Ended
Accounts Receivable, Net (Tables)	Dec. 31, 2023
Accounts, Notes, Loans and Financing Receivable, Gross, Allowance, and Net [Abstract]
Accounts Receivable	Accounts receivable consists of the following: December 31, 2023 2022 (In millions) Casino $ 483 $ 341 Rooms 33 34 Mall 126 64 Other 43 45 685 484 Less — provision for credit losses (201) (217) $ 484 $ 267
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: 2023 2022 (In millions) Balance at January 1 $ 217 $ 232 Current period provision for credit losses 4 15 Write-offs (21) (31) Exchange rate impact 1 1 Balance at December 31 $ 201 $ 217

Property and Equipment, Net (Ta

Property and Equipment, Net (Tables)	12 Months Ended
Property and Equipment, Net (Tables)	Dec. 31, 2023
Property, Plant and Equipment [Abstract]
Property and Equipment	Property and equipment consists of the following: December 31, 2023 2022 (In millions) Land and improvements $ 593 $ 450 Building and improvements 16,211 15,494 Furniture, fixtures, equipment and leasehold improvements 4,847 4,155 Transportation 504 482 Construction in progress 491 1,123 22,646 21,704 Less — accumulated depreciation and amortization (11,207) (10,253) $ 11,439 $ 11,451
Property and Equipment Subject to Reversion	The Gaming Assets that reverted to the Macao government on December 31, 2022, and included in the above table, consisted of the following: December 31, 2022 (In millions) Building and improvements $ 1,264 Furniture, fixtures, equipment and leasehold improvements 419 1,683 Less — accumulated depreciation and amortization (930) $ 753

Leasehold Interests in Land, _2

Leasehold Interests in Land, Net (Tables)	12 Months Ended
Leasehold Interests in Land, Net (Tables)	Dec. 31, 2023
Leasehold Interests In Land, Net [Abstract]
Leasehold Interests in Land	Leasehold interests in land consist of the following: December 31, 2023 2022 (In millions) Marina Bay Sands $ 2,028 $ 1,993 The Londoner Macao 290 293 The Venetian Macao 235 241 The Plaza Macao and Four Seasons Macao 105 106 The Parisian Macao 88 89 Sands Macao 35 36 Nassau County Coliseum 154 — 2,935 2,758 Less — accumulated amortization (686) (630) $ 2,249 $ 2,128

Goodwill and Intangible Asset_2

Goodwill and Intangible Assets, Net (Tables)	12 Months Ended
Goodwill and Intangible Assets, Net (Tables)	Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Intangible Assets and Goodwill	Goodwill and intangible assets consist of the following: December 31, 2023 2022 (In millions) Amortizable intangible assets: Macao concession $ 497 $ — Marina Bay Sands gaming license 54 54 551 54 Less — accumulated amortization (81) (12) 470 42 Technology, software and other 25 12 Total amortizable intangible assets, net 495 54 Goodwill 103 10 Total goodwill and intangible assets, net $ 598 $ 64

Other Accrued Liabilities (Tabl

Other Accrued Liabilities (Tables)	12 Months Ended
Other Accrued Liabilities (Tables)	Dec. 31, 2023
Accounts Payable and Accrued Liabilities, Current [Abstract]
Other Accrued Liabilities	Other accrued liabilities consist of the following: December 31, 2023 2022 (In millions) Customer deposits $ 543 $ 471 Payroll and related 370 316 Taxes and licenses 389 134 Accrued interest payable 184 189 Outstanding chip liability 135 81 Other accruals 327 267 $ 1,948 $ 1,458

Long-Term Debt (Tables)

Long-Term Debt (Tables)	12 Months Ended
Long-Term Debt (Tables)	Dec. 31, 2023
Debt Disclosure [Abstract]
Schedule of Long-term Debt	Long-term debt consists of the following: December 31, 2023 2022 (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 $2 and $5, respectively) $ 1,748 $ 1,745 2.900% Senior Notes due 2025 (net of unamortized original issue discount and deferred financing costs of $1 and $2, respectively) 499 498 3.500% Senior Notes due 2026 (net of unamortized original issue discount and deferred financing costs of $5 and $7, respectively) 995 993 3.900% Senior Notes due 2029 (net of unamortized original issue discount and deferred financing costs of $6) 744 744 Macao Related (1) : 5.125% Senior Notes due 2025 (net of unamortized original issue discount and deferred financing costs of $4 and $7, respectively) 1,796 1,793 3.800% Senior Notes due 2026 (net of unamortized original issue discount and deferred financing costs of $4 and $5, respectively) 796 795 2.300% Senior Notes due 2027 (net of unamortized original issue discount and deferred financing cost of $5 and $6, respectively) 695 694 5.400% Senior Notes due 2028 (net of unamortized original issue discount and deferred financing costs of $11 and $13, respectively) 1,889 1,887 2.850% Senior Notes due 2029 (net of unamortized original issue discount and deferred financing cost of $5 and $6, respectively) 645 644 4.375% Senior Notes due 2030 (net of unamortized original issue discount and deferred financing costs of $7 and $8, respectively) 693 692 3.250% Senior Notes due 2031 (net of unamortized original issue discount and deferred financing cost of $5) 595 595 2018 SCL Credit Facility — Revolving — 1,958 Other (2) 19 22 Singapore Related (1) : 2012 Singapore Credit Facility — Term (net of unamortized deferred financing costs of $24 and $33, respectively) 2,867 2,870 2012 Singapore Delayed Draw Term Facility 47 46 Other 1 2 14,029 15,978 Less — current maturities (1,900) (2,031) Total long-term debt $ 12,129 $ 13,947 ____________________ (1) Unamortized deferred financing costs of $59 million and $60 million as of December 31, 2023 and 2022, 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” and “Prepaid expenses and other” in the accompanying consolidated balance sheets. (2) Includes finance leases related to Macao of $18 million and $21 million as of December 31, 2023 and 2022, respectively.
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, 2023 2022 2021 (In millions) Proceeds from 2027, 2029 and 2031 SCL Senior Notes $ — $ — $ 1,946 Proceeds from 2018 SCL Credit Facility — 1,200 756 $ — $ 1,200 $ 2,702 Repayments on 2023 SCL Senior Notes $ — $ — $ (1,800) Repayments on 2018 SCL Credit Facility (1,948) — — Repayments on 2012 Singapore Credit Facility (62) (60) (62) Repayments on Other Long-Term Debt (59) (6) (5) $ (2,069) $ (66) $ (1,867)
Maturities of Long-Term Debt	Maturities of long-term debt outstanding (excluding finance leases) as of December 31, 2023, are summarized as follows: Long-Term Debt (In millions) 2024 $ 1,894 2025 3,358 2026 3,538 2027 700 2028 1,900 Thereafter 2,700 Total $ 14,090

Equity (Tables)

Equity (Tables)	12 Months Ended
Equity (Tables)	Dec. 31, 2023
Equity [Abstract]
Rollforward of Common Stock	A summary of the outstanding shares of common stock is as follows: Balance as of January 1, 2021 763,842,938 Exercise of stock options 121,710 Issuance of restricted stock 25,104 Balance as of December 31, 2021 763,989,752 Issuance of restricted stock 46,448 Vesting of restricted stock units 211,083 Balance as of December 31, 2022 764,247,283 Exercise of stock options 77,856 Issuance of restricted stock 17,166 Vesting of restricted stock units 233,654 Forfeiture of restricted stock (5,806) Repurchase of common stock (11,121,497) Balance as of December 31, 2023 753,448,656

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
Income Taxes (Tables)	Dec. 31, 2023
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, 2023 2022 2021 (In millions) Foreign $ 1,889 $ (1,090) $ (1,091) Domestic (114) (297) (383) Total income (loss) from continuing operations before income taxes $ 1,775 $ (1,387) $ (1,474)
Components of Income Tax (Benefit) Expense	The components of the income tax expense (benefit) from continuing operations are as follows: Year Ended December 31, 2023 2022 2021 (In millions) Foreign: Current $ 261 $ 136 $ 32 Deferred 32 (21) (12) Federal: Current 39 20 8 Deferred 12 19 (33) Total income tax expense (benefit) $ 344 $ 154 $ (5)
Effective Income Tax Rate Reconciliation	The reconciliation of the statutory federal income tax rate and the Company's effective tax rate for continuing operations is as follows: Year Ended December 31, 2023 2022 2021 Statutory federal income tax rate 21.0 % (21.0) % (21.0) % Increase (decrease) in tax rate resulting from: Foreign and U.S. tax rate differential (6.5) % 9.0 % 6.7 % Tax exempt (income) loss of foreign subsidiary (4.2) % 4.5 % 0.6 % Change in valuation allowance 4.0 % 15.8 % 13.1 % Other, net 5.1 % 2.8 % 0.3 % Effective tax rate 19.4 % 11.1 % (0.3) %
Components of Deferred Tax Assets and Liabilities	The primary tax affected components of the Company's net deferred tax liabilities are as follows: December 31, 2023 2022 (In millions) Deferred tax assets: U.S. foreign tax credit carryforwards $ 3,575 $ 3,720 Net operating loss carryforwards 401 481 Research and development 22 — Stock-based compensation 18 17 Accrued expenses 12 9 Pre-opening expenses 5 — Provision for credit losses 1 1 Other 3 14 4,037 4,242 Less — valuation allowances (3,879) (4,083) Total deferred tax assets 158 159 Deferred tax liabilities: Property and equipment (219) (174) Prepaid expenses (2) (2) Other (3) (4) Total deferred tax liabilities (224) (180) Deferred tax liabilities, net $ (66) $ (21)
Reconciliation of Unrecognized Tax Benefits	A reconciliation of the beginning and ending amounts of unrecognized tax benefits, is as follows: December 31, 2023 2022 2021 (In millions) Balance at the beginning of the year $ 136 $ 136 $ 131 Reductions to tax positions related to prior years (3) (15) (4) Additions to tax positions related to current year 8 15 9 Balance at the end of the year $ 141 $ 136 $ 136

Fair Value Measures and Disclos

Fair Value Measures and Disclosures (Tables)	12 Months Ended
Fair Value Measures and Disclosures (Tables)	Dec. 31, 2023
Fair Value Disclosures [Abstract]
Fair Value, by Balance Sheet Grouping	The following table presents the carrying amounts and estimated fair values of financial instruments held or issued by the Company as of December 31, 2023 and 2022, using available market information. Determining fair value is judgmental in nature and requires market assumptions and/or estimation methodologies. The table excludes cash, restricted cash, accounts receivables, net, and accounts payable, all of which had fair values approximating their carrying amounts due to the short maturities and liquidity of these instruments. December 31, 2023 Hierarchy Level Carrying Amount Level 1 Level 2 (in millions) Assets: Cash equivalents Cash deposits $ 2,153 $ 2,153 Money market funds 52 52 U.S. Treasury Bills 1,124 1,124 Loan Receivable (1) 1,194 $ 1,130 Liabilities: Long-term debt (2) 14,090 13,526 December 31, 2022 Hierarchy Level Carrying Amount Level 1 Level 2 (in millions) Assets: Cash equivalents Cash deposits $ 3,249 $ 3,249 Money market funds 134 134 Loan Receivable (1) 1,165 $ 1,078 Liabilities: Long-term debt (2) 16,060 15,140 __________________ (1) The fair value is estimated based on level 2 inputs and reflects the increase in market interest rates since finalizing the terms of the loan receivable at a fixed interest rate on March 2, 2021. (2) 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).

Leases (Tables)

Leases (Tables)	12 Months Ended
Leases (Tables)	Dec. 31, 2023
Leases [Abstract]
Lessee, Assets and Liabilities	Leases recorded on the balance sheet consist of the following (excluding the leasehold interests in land assets; see “Note 8 — Leasehold Interests in Land, Net”): December 31, Leases Classification on the Balance Sheet 2023 2022 (In millions) Assets Operating lease ROU assets Other assets, net $ 53 $ 23 Finance lease ROU assets Property and equipment, net (1) $ 5 $ 10 Liabilities Current Operating Other accrued liabilities $ 19 $ 13 Finance Current maturities of long-term debt $ 9 $ 8 Noncurrent Operating Other long-term liabilities $ 252 $ 157 Finance Long-term debt $ 9 $ 13 ____________________ (1) Finance lease ROU assets are recorded net of accumulated depreciation of $23 million and $26 million as of December 31, 2023 and 2022, respectively.
Lessee, Other Lease Information	Other information related to lease term and discount rate is as follows: December 31, 2023 2022 Weighted Average Remaining Lease Term Operating leases 26.6 years 32.0 years Finance leases 2.1 years 2.5 years Weighted Average Discount Rate Operating leases 5.0 % 4.9 % Finance leases 6.3 % 4.9 %
Lessee, Lease Cost Components	The components of lease expense are as follows: December 31, 2023 2022 2021 (In millions) Operating lease cost: Amortization of leasehold interests in land $ 56 $ 55 $ 56 Operating lease cost 14 21 14 Short-term lease cost 5 4 1 Variable lease cost 11 2 2 Finance lease cost: Amortization of leasehold interests in land 2 — — Amortization of ROU assets 4 5 8 Interest on lease liabilities 6 1 1 Total lease cost $ 98 $ 88 $ 82
Lessee, Supplemental Cash Flow Information Related to Leases	Supplemental cash flow information related to leases is as follows: December 31, 2023 2022 2021 (In millions) Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows for operating leases $ 17 $ 14 $ 16 Financing cash flows for finance leases $ 57 $ 4 $ 5 Right-of-use assets obtained in exchange for lease liabilities: Operating leases $ 194 $ 8 $ 10 Finance leases $ 1 $ 1 $ 9
Lessee, Finance Lease Liability, Maturity	Maturities of lease liabilities are summarized as follows: Operating Leases Finance Leases (In millions) Year ending December 31, 2024 $ 26 $ 10 2025 20 8 2026 19 1 2027 18 — 2028 16 — Thereafter 408 — Total future minimum lease payments 507 19 Less — amount representing interest (236) (1) Present value of future minimum lease payments 271 18 Less — current lease obligations (19) (9) Long-term lease obligations $ 252 $ 9
Lessee, Operating Lease Liability, Maturity	Maturities of lease liabilities are summarized as follows: Operating Leases Finance Leases (In millions) Year ending December 31, 2024 $ 26 $ 10 2025 20 8 2026 19 1 2027 18 — 2028 16 — Thereafter 408 — Total future minimum lease payments 507 19 Less — amount representing interest (236) (1) Present value of future minimum lease payments 271 18 Less — current lease obligations (19) (9) Long-term lease obligations $ 252 $ 9
Lessor, Lease Revenue Components	Lease revenue consists of the following: Year Ended December 31, 2023 2022 2021 Mall Other Mall Other Mall Other (In millions) Minimum rents $ 503 $ 1 $ 484 $ 1 $ 505 $ 1 Overage rents 166 — 78 — 115 — Rent concessions (1) — — (70) — (65) — Other (2) — — — — 6 — Total overage rents and rent concessions 166 — 8 — 56 — $ 669 $ 1 $ 492 $ 1 $ 561 $ 1 ___________________ (1) Rent concessions were provided to tenants during the years ended December 31, 2022 and 2021 as a result of the COVID-19 pandemic and the impact on mall operations. (2) Amount related to a grant provided by the Singapore government to lessors to support small and medium enterprises impacted by the COVID-19 pandemic in connection with their rent obligations.
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, 2024 $ 497 $ 1 2025 370 — 2026 295 — 2027 239 — 2028 186 — Thereafter 225 — Total minimum future rentals $ 1,812 $ 1
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, 2023 2022 (In millions) Property and equipment, at cost $ 1,573 $ 1,554 Accumulated depreciation (773) (711) Property and equipment, net $ 800 $ 843

Stock-Based Employee Compensa_2

Stock-Based Employee Compensation (Tables)	12 Months Ended
Stock-Based Employee Compensation (Tables)	Dec. 31, 2023
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, 2023 2022 2021 LVSC Amended 2004 Plan: Weighted average volatility 26.1 % 26.0 % 25.1 % Expected term (in years) 8.4 6.3 5.5 Risk-free rate 4.0 % 2.1 % 0.9 % Expected dividend yield 1.7 % — % — % SCL Equity Plan: Weighted average volatility — % 43.7 % — % Expected term (in years) — 7.2 — Risk-free rate — % 2.7 % — % Expected dividend yield — % — % — %
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, 2023, is presented below: Shares Weighted Weighted Aggregate LVSC Amended 2004 Plan: Outstanding as of January 1, 2023 14,538,774 $ 48.09 Granted 510,157 48.63 Exercised (79,121) 46.95 Forfeited or expired (55,432) 65.11 Outstanding as of December 31, 2023 14,914,378 $ 48.04 5.60 $ 80 Exercisable as of December 31, 2023 10,250,558 $ 50.82 4.70 $ 45 SCL Equity Plan: Outstanding as of January 1, 2023 48,400,900 $ 4.84 Exercised (190,700) 3.46 Forfeited or expired (3,884,850) 4.92 Outstanding as of December 31, 2023 44,325,350 $ 4.84 4.00 $ 2 Exercisable as of December 31, 2023 41,025,350 $ 5.05 3.62 $ —
Summary of Unvested Restricted Stock and 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, 2023, is presented below: Shares Weighted LVSC Amended 2004 Plan: Unvested Restricted Stock Balance as of January 1, 2023 40,642 $ 30.14 Granted 17,166 61.15 Vested (34,836) 30.14 Forfeited (5,806) 30.14 Balance as of December 31, 2023 17,166 $ 61.15 Unvested Restricted Stock Units Balance as of January 1, 2023 575,262 $ 47.99 Granted 577,636 57.77 Vested (265,265) 48.10 Forfeited (6,993) 43.66 Balance as of December 31, 2023 880,640 $ 54.14 SCL Equity Plan: Unvested Restricted Stock Units Balance as of January 1, 2023 21,157,564 $ 2.79 Granted 6,792,000 3.44 Vested (9,315,592) 2.92 Forfeited (742,976) 2.79 Balance as of December 31, 2023 17,890,996 $ 2.98
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, 2023: Year Ended December 31, 2023 2022 2021 (Dollars in millions, except weighted average grant date fair values) Compensation expense: Stock options $ 21 $ 24 $ 14 Restricted stock and stock units 51 46 13 $ 72 $ 70 $ 27 Income tax benefit recognized in the consolidated statements of operations $ 3 $ 2 $ 1 Compensation cost capitalized as part of property and equipment $ 1 $ 2 $ 1 LVSC Amended 2004 Plan: Stock options granted 510,157 1,730,000 4,513,468 Weighted average grant date fair value $ 15.58 $ 12.74 $ 8.63 Restricted stock granted 17,166 46,448 25,104 Weighted average grant date fair value $ 61.15 $ 30.14 $ 55.76 Restricted stock units granted 577,636 123,497 786,310 Weighted average grant date fair value $ 57.77 $ 42.55 $ 48.96 Stock options exercised: Intrinsic value $ 1 $ — $ 1 Cash received $ 3 $ — $ 7 SCL Equity Plan: Stock options granted — 3,300,000 — Weighted average grant date fair value $ — $ 1.13 $ — Restricted stock units granted 6,792,000 9,393,200 13,039,600 Weighted average grant date fair value $ 3.44 $ 2.32 $ 3.22 Stock options exercised: Intrinsic value $ — $ — $ 3 Cash received $ 1 $ — $ 12
Stock-Based Compensation Activity, Arrangements by Share-based Payment Award	The stock-based compensation activity for the Amended 2004 Plan and SCL Equity Plan is as follows for the three years ended December 31, 2023: Year Ended December 31, 2023 2022 2021 (Dollars in millions, except weighted average grant date fair values) Compensation expense: Stock options $ 21 $ 24 $ 14 Restricted stock and stock units 51 46 13 $ 72 $ 70 $ 27 Income tax benefit recognized in the consolidated statements of operations $ 3 $ 2 $ 1 Compensation cost capitalized as part of property and equipment $ 1 $ 2 $ 1 LVSC Amended 2004 Plan: Stock options granted 510,157 1,730,000 4,513,468 Weighted average grant date fair value $ 15.58 $ 12.74 $ 8.63 Restricted stock granted 17,166 46,448 25,104 Weighted average grant date fair value $ 61.15 $ 30.14 $ 55.76 Restricted stock units granted 577,636 123,497 786,310 Weighted average grant date fair value $ 57.77 $ 42.55 $ 48.96 Stock options exercised: Intrinsic value $ 1 $ — $ 1 Cash received $ 3 $ — $ 7 SCL Equity Plan: Stock options granted — 3,300,000 — Weighted average grant date fair value $ — $ 1.13 $ — Restricted stock units granted 6,792,000 9,393,200 13,039,600 Weighted average grant date fair value $ 3.44 $ 2.32 $ 3.22 Stock options exercised: Intrinsic value $ — $ — $ 3 Cash received $ 1 $ — $ 12
Stock-Based Compensation Activity, Allocation of Period Costs	The stock-based compensation activity for the Amended 2004 Plan and SCL Equity Plan is as follows for the three years ended December 31, 2023: Year Ended December 31, 2023 2022 2021 (Dollars in millions, except weighted average grant date fair values) Compensation expense: Stock options $ 21 $ 24 $ 14 Restricted stock and stock units 51 46 13 $ 72 $ 70 $ 27 Income tax benefit recognized in the consolidated statements of operations $ 3 $ 2 $ 1 Compensation cost capitalized as part of property and equipment $ 1 $ 2 $ 1 LVSC Amended 2004 Plan: Stock options granted 510,157 1,730,000 4,513,468 Weighted average grant date fair value $ 15.58 $ 12.74 $ 8.63 Restricted stock granted 17,166 46,448 25,104 Weighted average grant date fair value $ 61.15 $ 30.14 $ 55.76 Restricted stock units granted 577,636 123,497 786,310 Weighted average grant date fair value $ 57.77 $ 42.55 $ 48.96 Stock options exercised: Intrinsic value $ 1 $ — $ 1 Cash received $ 3 $ — $ 7 SCL Equity Plan: Stock options granted — 3,300,000 — Weighted average grant date fair value $ — $ 1.13 $ — Restricted stock units granted 6,792,000 9,393,200 13,039,600 Weighted average grant date fair value $ 3.44 $ 2.32 $ 3.22 Stock options exercised: Intrinsic value $ — $ — $ 3 Cash received $ 1 $ — $ 12

Segment Information (Tables)

Segment Information (Tables)	12 Months Ended
Segment Information (Tables)	Dec. 31, 2023
Segment Reporting [Abstract]
Schedule Of Segment Reporting Information	The Company's segment information as of and for the years ended December 31, 2023, 2022 and 2021, is as follows: Casino Rooms Food and Beverage Mall Convention, Retail and Other Net Revenues (In millions) Year Ended December 31, 2023 Macao: The Venetian Macao $ 2,151 $ 191 $ 63 $ 228 $ 49 $ 2,682 The Londoner Macao 1,283 324 86 66 33 1,792 The Parisian Macao 655 135 49 32 8 879 The Plaza Macao and Four Seasons Macao 462 94 30 187 6 779 Sands Macao 290 17 12 1 2 322 Ferry Operations and Other — — — — 105 105 4,841 761 240 514 203 6,559 Marina Bay Sands 2,681 443 344 254 127 3,849 Intercompany royalties — — — — 224 224 Intercompany eliminations (1) — — — (1) (259) (260) Total net revenues $ 7,522 $ 1,204 $ 584 $ 767 $ 295 $ 10,372 Year Ended December 31, 2022 Macao: The Venetian Macao $ 438 $ 55 $ 17 $ 155 $ 17 $ 682 The Londoner Macao 194 61 26 47 22 350 The Parisian Macao 116 33 10 25 4 188 The Plaza Macao and Four Seasons Macao 146 29 10 127 1 313 Sands Macao 53 6 4 1 1 65 Ferry Operations and Other — — — — 29 29 947 184 67 355 74 1,627 Marina Bay Sands 1,680 285 234 226 91 2,516 Intercompany royalties — — — — 107 107 Intercompany eliminations (1) — — — (1) (139) (140) Total net revenues $ 2,627 $ 469 $ 301 $ 580 $ 133 $ 4,110 Casino Rooms Food and Beverage Mall Convention, Retail and Other Net Revenues (In millions) Year Ended December 31, 2021 Macao: The Venetian Macao $ 944 $ 77 $ 24 $ 195 $ 16 $ 1,256 The Londoner Macao 396 90 30 56 16 588 The Parisian Macao 244 54 17 39 3 357 The Plaza Macao and Four Seasons Macao 298 45 17 184 2 546 Sands Macao 105 10 5 1 1 122 Ferry Operations and Other — — — — 28 28 1,987 276 93 475 66 2,897 Marina Bay Sands 905 139 106 176 44 1,370 Intercompany royalties — — — — 83 83 Intercompany eliminations (1) — — — (2) (114) (116) Total net revenues $ 2,892 $ 415 $ 199 $ 649 $ 79 $ 4,234 _________________________ (1) Intercompany eliminations include royalties and other intercompany services. Year Ended December 31, 2023 2022 2021 (In millions) Intersegment Revenues Macao: The Venetian Macao $ 7 $ 7 $ 4 The Londoner Macao — — 1 Ferry Operations and Other 25 23 22 32 30 27 Marina Bay Sands 4 3 6 Intercompany royalties 224 107 83 Total intersegment revenues $ 260 $ 140 $ 116 Year Ended December 31, 2023 2022 2021 (In millions) Adjusted Property EBITDA Macao: The Venetian Macao $ 1,054 $ (25) $ 297 The Londoner Macao 516 (189) (84) The Parisian Macao 269 (103) (17) The Plaza Macao and Four Seasons Macao 308 81 219 Sands Macao 59 (81) (69) Ferry Operations and Other 18 (7) (8) 2,224 (324) 338 Marina Bay Sands 1,861 1,056 448 Consolidated adjusted property EBITDA (1) 4,085 732 786 Other Operating Costs and Expenses Stock-based compensation (2) (29) (33) (12) Corporate (230) (235) (211) Pre-opening (15) (13) (19) Development (205) (143) (109) Depreciation and amortization (1,208) (1,036) (1,041) Amortization of leasehold interests in land (58) (55) (56) Loss on disposal or impairment of assets (27) (9) (27) Operating income (loss) 2,313 (792) (689) Other Non-Operating Costs and Expenses Interest income 288 116 4 Interest expense, net of amounts capitalized (818) (702) (621) Other expense (8) (9) (31) Loss on modification or early retirement of debt — — (137) Income tax (expense) benefit (344) (154) 5 Net income (loss) from continuing operations $ 1,431 $ (1,541) $ (1,469) _________________________ (1) Consolidated adjusted property EBITDA, which is a non-GAAP financial measure, is net income (loss) from continuing operations 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 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, 2023, 2022 and 2021, the Company recorded stock-based compensation expense of $72 million, $70 million and $27 million, respectively, of which $43 million, $37 million and $15 million, respectively, was included in corporate expense in the accompanying consolidated statements of operations. Year Ended December 31, 2023 2022 2021 (In millions) Capital Expenditures Corporate and Other $ 200 $ 60 $ 27 Macao: The Venetian Macao 71 52 71 The Londoner Macao 132 175 551 The Parisian Macao 9 3 4 The Plaza Macao and Four Seasons Macao 15 9 19 Sands Macao 6 4 7 Ferry Operations and Other — — 1 233 243 653 Marina Bay Sands 584 348 148 Total capital expenditures $ 1,017 $ 651 $ 828 December 31, 2023 2022 2021 (In millions) Total Assets Corporate and Other $ 5,167 $ 5,422 $ 1,357 Macao: The Venetian Macao 2,548 2,135 2,087 The Londoner Macao 4,193 4,489 4,494 The Parisian Macao 1,802 1,828 1,962 The Plaza Macao and Four Seasons Macao 1,059 1,020 1,145 Sands Macao 287 208 253 Ferry Operations and Other 335 870 132 10,224 10,550 10,073 Marina Bay Sands 6,387 6,067 5,326 Total assets $ 21,778 $ 22,039 $ 16,756 December 31, 2023 2022 2021 (In millions) Total Long-Lived Assets (1) Corporate and Other $ 655 $ 203 $ 176 Macao: The Venetian Macao 1,337 1,415 1,555 The Londoner Macao 3,796 4,085 4,317 The Parisian Macao 1,665 1,789 1,915 The Plaza Macao and Four Seasons Macao 896 975 1,055 Sands Macao 169 180 197 Ferry Operations and Other 29 41 60 7,892 8,485 9,099 Marina Bay Sands 5,141 4,891 4,741 Total long-lived assets $ 13,688 $ 13,579 $ 14,016 _________________________ (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
Selected Quarterly Financial Results (Unaudited) (Tables)	Dec. 31, 2023
Quarterly Financial Information Disclosure [Abstract]
Selected Quarterly Financial Results (Unaudited)	Quarter First (1) Second Third Fourth Total (In millions, except per share data) 2023 Net revenues $ 2,120 $ 2,542 $ 2,795 $ 2,915 $ 10,372 Operating income 378 537 688 710 2,313 Net income 145 368 449 469 1,431 Net income attributable to Las Vegas Sands Corp. 147 312 380 382 1,221 Basic earnings per share 0.19 0.41 0.50 0.50 1.60 Diluted earnings per share 0.19 0.41 0.50 0.50 1.60 2022 Net revenues $ 943 $ 1,045 $ 1,005 $ 1,117 $ 4,110 Operating loss (302) (147) (177) (166) (792) Net loss from continuing operations (478) (414) (380) (269) (1,541) Income (loss) from discontinued operations, net of tax 2,907 (3) (1) (5) 2,898 Net income (loss) 2,429 (417) (381) (274) 1,357 Net income (loss) attributable to Las Vegas Sands Corp. 2,530 (290) (239) (169) 1,832 Earnings (loss) per share - basic and diluted: Loss from continuing operations $ (0.49) $ (0.38) $ (0.31) $ (0.21) $ (1.40) Income (loss) from discontinued operations, net of tax 3.80 — — (0.01) 3.80 Net income (loss) attributable to Las Vegas Sands Corp. $ 3.31 $ (0.38) $ (0.31) $ (0.22) $ 2.40 _________________________ (1) During the first quarter of 2022, the Company closed the sale of the Las Vegas Operations and recorded a gain on the sale of $2.86 billion, net of tax. The Las Vegas Operations has been disclosed as a discontinued operation for all periods presented.

Organization and Business of _2

Organization and Business of Company (Details) m² in Thousands, ft² in Thousands, $ in Millions, $ in Millions	12 Months Ended
	Dec. 31, 2023 USD ($) ft² m² a Seat Room floor hotel_tower	Dec. 31, 2023 MOP (MOP$)	Dec. 31, 2023 SGD ($)	Dec. 31, 2023 SGD ($) ft² m² a Seat Room floor hotel_tower	Dec. 31, 2022 USD ($)
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Cash and cash equivalents \| $	$ 5,105				$ 6,311
Macao [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Gaming concession period	10 years	10 years	10 years
Macao [Member] \| Macao Concession [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Gaming and non-gaming financial concession commitment	$ 3,760	MOP$ 30240000000
Non-gaming financial concession commitment	3,450	27,800,000,000
Macao’s annual market gross gaming revenue threshold requiring increase in non-gaming spend	22,360	180,000,000,000
Additional non-gaming financial commitment due to revenue trigger	691	MOP$ 5560000000
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) \| $	$ 2,490
Macao [Member] \| Meetings, Incentives, Conferences and Exhibition Facilities [Member] \| Scenario, Plan [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Area of real estate property \| m²	18			18
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	2,905			2,905
Macao [Member] \| The Venetian Macao [Member] \| Casino [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Area of real estate property	503			503
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	948			948
Macao [Member] \| The Venetian Macao [Member] \| Meetings, Incentives, Conferences and Exhibition Facilities [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Area of real estate property	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	400			400
Macao [Member] \| The Londoner Macao [Member] \| Arena [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Number of seats \| Seat	6,000			6,000
Macao [Member] \| The Londoner Macao [Member] \| Theater [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Number of seats \| Seat	1,701			1,701
Macao [Member] \| The Londoner Macao [Member] \| Retail [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Area of real estate property	612			612
Macao [Member] \| The Londoner Macao [Member] \| Meetings, Incentives, Conferences and Exhibition Facilities [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Area of real estate property	369			369
Macao [Member] \| The Londoner Macao [Member] \| Garden Center [Member] \| Scenario, Plan [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Area of real estate property \| m²	50			50
Macao [Member] \| The Londoner Macao [Member] \| Londoner Court [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Number of hotel rooms \| Room	368			368
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] \| Conrad [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Number of hotel rooms \| Room	659			659
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	594			594
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	1,842			1,842
Macao [Member] \| The Londoner Macao [Member] \| Second Sheraton Tower [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Number of hotel rooms \| Room	2,126			2,126
Macao [Member] \| The Londoner Macao [Member] \| Phase II [Member] \| Scenario, Plan [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Expected cost to complete \| $	$ 1,200
Macao [Member] \| The Parisian Macao [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Number of hotel rooms \| Room	2,541			2,541
Macao [Member] \| The Parisian Macao [Member] \| Casino [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Area of real estate property	272			272
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	296			296
Macao [Member] \| The Parisian Macao [Member] \| Meetings, Incentives, Conferences and Exhibition Facilities [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Area of real estate property	63			63
Macao [Member] \| The Plaza Macao and Four Seasons 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 Macao [Member] \| Casino [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Area of real estate property	108			108
Macao [Member] \| The Plaza Macao and Four Seasons 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 Macao [Member] \| Retail [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Area of real estate property	249			249
Macao [Member] \| The Plaza Macao and Four Seasons 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	176			176
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)	$ 446			$ 589
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] \| Casino [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Area of real estate property	162			162
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	800			800
Singapore [Member] \| Marina Bay Sands [Member] \| Meetings, Incentives, Conferences and Exhibition Facilities [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Area of real estate property	1,200			1,200
Singapore [Member] \| Marina Bay Sands [Member] \| MBS Expansion Project [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Costs incurred to date, development costs \| $	$ 1,090
Singapore [Member] \| Marina Bay Sands [Member] \| MBS Expansion Project [Member] \| Scenario, Plan [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Expected cost to complete	$ 3,400		$ 4,500
Singapore [Member] \| Marina Bay Sands [Member] \| MBS Expansion Project [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] \| Tower 1 and Tower 2 [Member] \| Scenario, Plan [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Expected cost to complete \| $	$ 1,000
Singapore [Member] \| Marina Bay Sands [Member] \| Tower 3 [Member] \| Scenario, Plan [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Expected cost to complete \| $	750
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

Summary of Significant Accoun_4

Summary of Significant Accounting Policies - Estimated Useful Lives of Assets (Details)	Dec. 31, 2023
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, 2023	Dec. 31, 2022	Dec. 31, 2021
Accounting Policies [Abstract]
Capitalized interest expense	$ 7	$ 4	$ 15
Capitalized internal costs	53	42	49
Taxes on gaming revenue	3,060	935	1,220
Advertising costs	$ 47	$ 29	$ 31

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, 2023	Dec. 31, 2022	Dec. 31, 2021
Outstanding Chip Liability [Member]
Contract and Contract Related Liabilities [Line Items]
Contract and contract related, liability		$ 135	$ 81	$ 74
Change in contract and contract related liabilities		54	7
Loyalty Program Liability [Member]
Contract and Contract Related Liabilities [Line Items]
Contract and contract related, liability		45	72	61
Change in contract and contract related liabilities		(27)	11
Customer Deposits and Other Deferred Revenue [Member]
Contract and Contract Related Liabilities [Line Items]
Contract and contract related, liability	[1]	690	614	618
Change in contract and contract related liabilities		76	(4)
Mall [Member] \| Customer Deposits and Other Deferred Revenue [Member]
Contract and Contract Related Liabilities [Line Items]
Contract and contract related, liability	[1]	$ 167	$ 149	$ 145

[1] Of this amount, $167 million, $149 million and $145 million as of December 31, 2023 and 2022 and January 1, 2022, 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, 2023	Dec. 31, 2022	Dec. 31, 2021
Weighted average shares outstanding:
Weighted average common shares outstanding (used in the calculation of basic earnings (loss) per share) (in shares)	763	764	764
Potential dilution from stock options and restricted stock and stock units (in shares)	2	0	0
Weighted average common and common equivalent shares (used in the calculation of diluted earnings (loss) per share) (in shares)	765	764	764
Antidilutive stock options excluded from the calculation of diluted earnings (loss) per share (in shares)	6	15	9

Discontinued Operations - Addit

Discontinued Operations - Additional Information (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Feb. 23, 2022
Income Statement and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Statutory federal income tax rate	21%	21%	21%
United States [Member]
Income Statement and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Income taxes paid		$ 612
United States [Member] \| Domestic Tax Authority [Member] \| Internal Revenue Service (IRS) [Member]
Income Statement and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Statutory federal income tax rate	21%
Discontinued Operations, Disposed of by Sale [Member] \| United States [Member] \| Domestic Tax Authority [Member] \| Internal Revenue Service (IRS) [Member]
Income Statement and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Statutory federal income tax rate		21%	21%
Discontinued Operations, Disposed of by Sale [Member] \| Las Vegas Operating Properties [Member]
Income Statement and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Discontinued operation held for sale, consideration				$ 6,250
Disposal group, including discontinued operation, cash consideration				5,050
Disposal group, including discontinued operation, working capital adjustments				77
Discontinued Operation, Gain (Loss) from Disposal of Discontinued Operation, before Income Tax		$ 3,600
Discontinued Operation, Tax Effect of Gain (Loss) from Disposal of Discontinued Operation		$ 750
Effective tax rate		20.80%	21.90%
Discontinued operation, hypothetical accrued income tax payable		$ 804
Discontinued Operations, Disposed of by Sale [Member] \| Las Vegas operating assets and liabilities [Member] \| Las Vegas Operating Properties [Member]
Income Statement and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Disposal group, including discontinued operation, cash consideration				1,050
Disposal group, including discontinued operation, consideration, seller financing				1,200
Discontinued Operations, Disposed of by Sale [Member] \| Las Vegas real estate and real estate related assets [Member] \| Las Vegas Operating Properties [Member]
Income Statement and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Disposal group, including discontinued operation, cash consideration				$ 4,000

Discontinued Operations (Detail

Discontinued Operations (Details) - USD ($) $ in Millions		3 Months Ended					12 Months Ended
Discontinued Operations (Details) - USD ($) $ in Millions		Dec. 31, 2022	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	[1]	Dec. 31, 2023	Dec. 31, 2022		Dec. 31, 2021
Income Statement and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Net income (loss) from discontinued operations		$ (5)	$ (1)	$ (3)	$ 2,907		$ 0	$ 2,898		$ 193
Discontinued Operations, Disposed of by Sale [Member] \| Las Vegas Operating Properties [Member]
Income Statement and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Net revenues								228	[2]	1,271
Resort operations expenses								107	[2]	626
Provision for credit losses								3	[2]	13
General and administrative								55	[2]	342
Depreciation and amortization								0	[2]	25
Loss on disposal or impairment of assets								0	[2]	6
Operating income (loss)								63	[2]	259
Interest expense								(2)	[2]	(13)
Other expense	[2]							(3)
Other income										1
Income from operations of discontinued operations								58	[2]	247
Gain on disposal of discontinued operations								3,611	[2]	0
Adjustment to gain on disposal of discontinued operations(2)								(9)	[2],[3]	0
Income from discontinued operations, before income tax								3,660	[2]	247
Income tax expense								(762)	[2]	(54)
Net income (loss) from discontinued operations								2,898	[2]	193
Disposal group, including discontinued operation, adjusted property EBITDA								63	[2]	290
Discontinued Operations, Disposed of by Sale [Member] \| Casino [Member] \| Las Vegas Operating Properties [Member]
Income Statement and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Net revenues								61	[2]	443
Discontinued Operations, Disposed of by Sale [Member] \| Rooms [Member] \| Las Vegas Operating Properties [Member]
Income Statement and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Net revenues								78	[2]	454
Discontinued Operations, Disposed of by Sale [Member] \| Food and Beverage [Member] \| Las Vegas Operating Properties [Member]
Income Statement and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Net revenues								43	[2]	236
Discontinued Operations, Disposed of by Sale [Member] \| Convention, Retail and Other [Member] \| Las Vegas Operating Properties [Member]
Income Statement and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Net revenues								$ 46	[2]	$ 138

[1]During the first quarter of 2022, the Company closed the sale of the Las Vegas Operations and recorded a gain on the sale of $2.86 billion, net of tax. The Las Vegas Operations has been disclosed as a discontinued operation for all periods presented.[2]Includes the Las Vegas Operations financial results for the period from January 1, 2022 through February 22, 2022.[3]Primarily relates to the finalization of the working capital adjustment pursuant to the terms of the related agreements.

Loan Receivable (Details)

Loan Receivable (Details) - USD ($)	12 Months Ended
Loan Receivable (Details) - USD ($)	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Feb. 23, 2022
Loans and Leases Receivable Disclosure [Line Items]
Term of loan receivable	6 years
Loans receivable, gross				$ 1,200,000,000
Loans receivable, stated interest rate for cash payments, year one and two				1.50%
Loans receivable, stated interest rate for cash payments, year three through six				4.25%
Loans receivable, increase in stated interest rate for payment-in-kind, year one and two				1%
Loans receivable, increase in stated interest rate for payment-in-kind, year three				1.50%
Paid-in-kind interest income	$ 30,000,000	$ 15,000,000	$ 0
Proceeds from loan receivable	0	50,000,000	$ 0
Loans Receivable [Member]
Loans and Leases Receivable Disclosure [Line Items]
Paid-in-kind interest income	29,000,000	15,000,000
Interest Income [Member]
Loans and Leases Receivable Disclosure [Line Items]
Interest income on loan receivable	$ 29,000,000	$ 21,000,000

Restricted Cash and Cash Equi_2

Restricted Cash and Cash Equivalents (Details) - Dec. 07, 2022 $ in Millions, MOP$ in Billions	MOP (MOP$)	USD ($)
Macao [Member] \| Venetian Macau Limited [Member]
Restricted Cash and Cash Equivalents Items [Line Items]
Bank guarantee required for term of concession	MOP$ 1.0	$ 125

Accounts Receivable, Net (Detai

Accounts Receivable, Net (Details) - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022
Accounts Receivable [Line Items]
Accounts receivable, gross	$ 685	$ 484
Less - provision for credit losses	(201)	(217)
Accounts receivable, net	484	267
Casino [Member]
Accounts Receivable [Line Items]
Accounts receivable, gross	483	341
Rooms [Member]
Accounts Receivable [Line Items]
Accounts receivable, gross	33	34
Mall [Member]
Accounts Receivable [Line Items]
Accounts receivable, gross	126	64
Other [Member]
Accounts Receivable [Line Items]
Accounts receivable, gross	$ 43	$ 45

Accounts Receivable, Net - Prov

Accounts Receivable, Net - Provision for Credit Losses Rollforward (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Accounts Receivable, Allowance for Credit Loss [Roll Forward]
Beginning balance	$ 217	$ 232
Current period provision for credit losses	4	15	$ 3
Write-offs	(21)	(31)
Exchange rate impact	1	1
Ending balance	$ 201	$ 217	$ 232

Property and Equipment, Net (De

Property and Equipment, Net (Details) - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022
Property, Plant and Equipment [Line Items]
Property and equipment, at cost	$ 22,646	$ 21,704
Less — accumulated depreciation and amortization	(11,207)	(10,253)
Property and equipment, net	11,439	11,451
Land and Improvements [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, at cost	593	450
Building and Improvements [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, at cost	16,211	15,494
Furniture, Fixtures, Equipment And Leasehold Improvements [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, at cost	4,847	4,155
Transportation [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, at cost	504	482
Construction in Progress [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, at cost	$ 491	$ 1,123

Property and Equipment, Net - A

Property and Equipment, Net - Additional Information (Details) m² in Thousands, $ in Millions	12 Months Ended
	Dec. 31, 2023 USD ($) m²	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)
Property, Plant and Equipment [Line Items]
Loss on disposal or impairment of assets	$ 27	$ 9	$ 27
Gain (loss) on disposition and demolition costs of property, plant and equipment		(3)
Depreciation expense	$ 1,140	1,010	$ 1,020
Aircraft Parts [Member]
Property, Plant and Equipment [Line Items]
Gain (loss) on disposition of property plant equipment		$ 4
Macao [Member]
Property, Plant and Equipment [Line Items]
Area subject to reversion to the Macao government \| m²	136
% of area subject to reversion	4.70%
Loss on disposal or impairment of assets	$ 12
Demolition costs of property, plant equipment	4
Macao [Member] \| The Parisian Macao [Member]
Property, Plant and Equipment [Line Items]
Gain (loss) on disposition of property plant equipment	8
Singapore [Member]
Property, Plant and Equipment [Line Items]
Loss on disposal or impairment of assets	$ 14

Property and Equipment Subject

Property and Equipment Subject to Reversion (Details) - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022
Property, Plant and Equipment [Line Items]
Property and equipment, at cost	$ 22,646	$ 21,704
Less — accumulated depreciation and amortization	(11,207)	(10,253)
Property and equipment, net	11,439	11,451
Venetian Macau Limited [Member] \| Macao [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, at cost		1,683
Less — accumulated depreciation and amortization		(930)
Property and equipment, net		753
Venetian Macau Limited [Member] \| Macao [Member] \| Building and Improvements [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, at cost		1,264
Venetian Macau Limited [Member] \| Macao [Member] \| Furniture, Fixtures, Equipment And Leasehold Improvements [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, at cost		419
Building and Improvements [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, at cost	16,211	15,494
Furniture, Fixtures, Equipment And Leasehold Improvements [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, at cost	$ 4,847	$ 4,155

Leasehold Interests in Land, _3

Leasehold Interests in Land, Net (Details) - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022
Lessee, Lease, Description [Line Items]
Leasehold interests in land, gross	$ 2,935	$ 2,758
Less — accumulated amortization	(686)	(630)
Leasehold interests in land, net	2,249	2,128
Nassau County [Member]
Lessee, Lease, Description [Line Items]
Leasehold interests in land, gross	154	0
Marina Bay Sands [Member] \| Singapore [Member]
Lessee, Lease, Description [Line Items]
Leasehold interests in land, gross	2,028	1,993
The Londoner Macao [Member] \| Macao [Member]
Lessee, Lease, Description [Line Items]
Leasehold interests in land, gross	290	293
The Venetian Macao [Member] \| Macao [Member]
Lessee, Lease, Description [Line Items]
Leasehold interests in land, gross	235	241
The Plaza Macao and Four Seasons Macao [Member] \| Macao [Member]
Lessee, Lease, Description [Line Items]
Leasehold interests in land, gross	105	106
The Parisian Macao [Member] \| Macao [Member]
Lessee, Lease, Description [Line Items]
Leasehold interests in land, gross	88	89
Sands Macao [Member] \| Macao [Member]
Lessee, Lease, Description [Line Items]
Leasehold interests in land, gross	$ 35	$ 36

Leasehold Interests in Land, _4

Leasehold Interests in Land, Net - Additional Information (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Lessee, Lease, Description [Line Items]
Amortization of leasehold interests in land	$ 58	$ 55	$ 56
Macao [Member]
Lessee, Lease, Description [Line Items]
Leasehold interest in land, term of contract	25 years
Leasehold interest in land, term of contract, automatic extension	10 years
Leasehold interests in land [Member]
Lessee, Lease, Description [Line Items]
Estimated future amortization expense, year one	$ 62
Estimated future amortization expense, year two	62
Estimated future amortization expense, year three	62
Estimated future amortization expense, year four	62
Estimated future amortization expense, year five	62
Estimated future amortization expense, thereafter	$ 2,090
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
Leasehold interests in land [Member] \| Nassau County [Member]
Lessee, Lease, Description [Line Items]
Leasehold interest in land, useful life	26 years

Goodwill and Intangible Asset_3

Goodwill and Intangible Assets, Net (Details) $ in Millions, MOP$ in Billions	Dec. 31, 2023 USD ($)	Dec. 31, 2023 MOP (MOP$)	Dec. 31, 2022 USD ($)
Schedule of Goodwill and Intangible Assets [Line Items]
Finite-lived intangible assets, net	$ 495		$ 54
Goodwill	103		10
Goodwill and intangible assets, net	598		64
Contract-Based Intangible Assets [Member]
Schedule of Goodwill and Intangible Assets [Line Items]
Finite-lived intangible assets, gross	551		54
Finite-lived intangible assets, accumulated amortization	(81)		(12)
Finite-lived intangible assets, net	470		42
Contract-Based Intangible Assets [Member] \| Venetian Macau Limited [Member]
Schedule of Goodwill and Intangible Assets [Line Items]
Finite-lived intangible assets, gross	497	MOP$ 4.0	0
Technology-Based Intangible Assets [Member]
Schedule of Goodwill and Intangible Assets [Line Items]
Finite-lived intangible assets, gross	25		12
Marina Bay Sands [Member] \| Contract-Based Intangible Assets [Member]
Schedule of Goodwill and Intangible Assets [Line Items]
Finite-lived intangible assets, gross	$ 54		$ 54

Goodwill and Intangible Asset_4

Goodwill and Intangible Assets, Net - Additional Information (Details) $ in Millions	1 Months Ended		3 Months Ended	12 Months Ended
	Apr. 30, 2022 USD ($)	Apr. 30, 2022 SGD ($)	Jun. 30, 2023 USD ($)	Dec. 31, 2023 USD ($)	Dec. 31, 2023 MOP (MOP$)	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)	Dec. 31, 2023 MOP (MOP$)	Jun. 02, 2023 USD ($)
Schedule of Goodwill and Intangible Assets [Line Items]
Amortization of Intangible Assets				$ 67,000,000		$ 17,000,000	$ 18,000,000
Estimated future amortization expense, year one				68,000,000
Estimated future amortization expense, year two				55,000,000
Estimated future amortization expense, year three				50,000,000
Estimated future amortization expense, year four				50,000,000
Estimated future amortization expense, year five				50,000,000
Estimated future amortization expense, after year five				199,000,000
Goodwill				103,000,000		10,000,000
Nassau Coliseum [Member]
Schedule of Goodwill and Intangible Assets [Line Items]
Business combination, consideration transferred			$ 221,000,000	241,000,000		20,000,000
Goodwill									$ 92,000,000
Venetian Macau Limited [Member]
Schedule of Goodwill and Intangible Assets [Line Items]
Financial liability related to Macao concession				497,000,000				MOP$ 4000000000
Macao Concession [Member] \| Venetian Macau Limited [Member]
Schedule of Goodwill and Intangible Assets [Line Items]
Fixed Portion of Premium				4,000,000	MOP$ 30000000
Handover fee per square meter for period one through three				93	750
Handover fee per square meter for period four through ten				311	2,500
Annual handover fee paid				13,000,000
Annual handover fee for period two and three				13,000,000
Annual handover fee for period four through ten				42,000,000
Macao Concession [Member] \| Venetian Macau Limited [Member] \| Gaming Table Reserved [Member]
Schedule of Goodwill and Intangible Assets [Line Items]
Variable Portion Premium, Per Unit				37,274	300,000
Macao Concession [Member] \| Venetian Macau Limited [Member] \| Gaming Table Not Reserved [Member]
Schedule of Goodwill and Intangible Assets [Line Items]
Variable Portion Premium, Per Unit				18,637	150,000
Macao Concession [Member] \| Venetian Macau Limited [Member] \| Electrical Or Mechanical Gaming Machine [Member]
Schedule of Goodwill and Intangible Assets [Line Items]
Variable Portion Premium, Per Unit				124	MOP$ 1000
Contract-Based Intangible Assets [Member]
Schedule of Goodwill and Intangible Assets [Line Items]
Finite-lived intangible assets, gross				551,000,000		54,000,000
Contract-Based Intangible Assets [Member] \| Venetian Macau Limited [Member]
Schedule of Goodwill and Intangible Assets [Line Items]
Finite-lived intangible assets, gross				497,000,000		0		MOP$ 4000000000
Marina Bay Sands [Member] \| Contract-Based Intangible Assets [Member]
Schedule of Goodwill and Intangible Assets [Line Items]
Finite-lived intangible assets, gross				$ 54,000,000		$ 54,000,000
Singapore [Member] \| Marina Bay Sands [Member] \| Contract-Based Intangible Assets [Member]
Schedule of Goodwill and Intangible Assets [Line Items]
Finite-lived intangible asset, useful life				3 years				3 years
Payments to acquire intangible assets	$ 53,000,000	$ 72
Macao [Member]
Schedule of Goodwill and Intangible Assets [Line Items]
Gaming concession period				10 years	10 years
Macao [Member] \| Macao Concession [Member]
Schedule of Goodwill and Intangible Assets [Line Items]
Fixed Portion of Premium				$ 4,000,000	MOP$ 30000000
Handover fee per square meter for period one through three				93	750
Handover fee per square meter for period four through ten				311	2,500
Annual handover fee for period two and three				13,000,000
Annual handover fee for period four through ten				42,000,000
Macao [Member] \| Macao Concession [Member] \| Gaming Table Reserved [Member]
Schedule of Goodwill and Intangible Assets [Line Items]
Variable Portion Premium, Per Unit				37,274	300,000
Macao [Member] \| Macao Concession [Member] \| Gaming Table Not Reserved [Member]
Schedule of Goodwill and Intangible Assets [Line Items]
Variable Portion Premium, Per Unit				18,637	150,000
Macao [Member] \| Macao Concession [Member] \| Electrical Or Mechanical Gaming Machine [Member]
Schedule of Goodwill and Intangible Assets [Line Items]
Variable Portion Premium, Per Unit				$ 124	MOP$ 1000
Macao [Member] \| Contract-Based Intangible Assets [Member] \| Venetian Macau Limited [Member]
Schedule of Goodwill and Intangible Assets [Line Items]
Finite-lived intangible asset, useful life				10 years				10 years

Other Accrued Liabilities (Deta

Other Accrued Liabilities (Details) - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022
Other Accrued Liabilities [Line Items]
Payroll and related	$ 370	$ 316
Taxes and licenses	389	134
Accrued interest payable	184	189
Other accruals	327	267
Other accrued liabilities	1,948	1,458
Customer Deposits [Member]
Other Accrued Liabilities [Line Items]
Contract and contract related, liability, current	543	471
Outstanding Chip Liability [Member]
Other Accrued Liabilities [Line Items]
Contract and contract related, liability, current	$ 135	$ 81

Derivative Instruments (Details

Derivative Instruments (Details) - Currency Swap [Member]	Dec. 31, 2021 USD ($)
Not Designated as Hedging Instrument [Member]
Derivative [Line Items]
Derivative, notional amount	$ 500,000,000
Cash Flow Hedging [Member] \| Designated as Hedging Instrument [Member]
Derivative [Line Items]
Derivative, notional amount	$ 1,000,000,000

Long-Term Debt - Schedule of Lo

Long-Term Debt - Schedule of Long-term Debt (Details) - USD ($) $ in Millions		Dec. 31, 2023	Dec. 31, 2022
Debt Instrument [Line Items]
Other		$ 14,029	$ 15,978
Long-term debt, including current maturities		14,029	15,978
Less — current maturities		(1,900)	(2,031)
Total long-term debt		12,129	13,947
Finance lease, liability		18
Other Assets, Net and Prepaid and Other [Member]
Debt Instrument [Line Items]
Debt issuance costs, net, assets	[1]	59	60
Macao [Member]
Debt Instrument [Line Items]
Finance lease, liability	[2]	18	21
Other [Member] \| Macao [Member]
Debt Instrument [Line Items]
Other	[2]	19	22
Long-term debt, including current maturities	[2]	19	22
Other [Member] \| Singapore [Member]
Debt Instrument [Line Items]
Other		1	2
Long-term debt, including current maturities		1	2
Unsecured Debt [Member] \| 3.200% Senior Notes due 2024 [Member] \| United States [Member]
Debt Instrument [Line Items]
Long-term debt	[1]	1,748	1,745
Debt instrument, unamortized discount (premium) and debt issuance costs, net		2	5
Unsecured Debt [Member] \| 2.900% Senior Notes due 2025 [Member] \| United States [Member]
Debt Instrument [Line Items]
Long-term debt	[1]	499	498
Debt instrument, unamortized discount (premium) and debt issuance costs, net		1	2
Unsecured Debt [Member] \| 3.500% Senior Notes due 2026 [Member] \| United States [Member]
Debt Instrument [Line Items]
Long-term debt	[1]	995	993
Debt instrument, unamortized discount (premium) and debt issuance costs, net		5	7
Unsecured Debt [Member] \| 3.900% Senior Notes due 2029 [Member] \| United States [Member]
Debt Instrument [Line Items]
Long-term debt	[1]	744	744
Debt instrument, unamortized discount (premium) and debt issuance costs, net		6	6
Unsecured Debt [Member] \| 5.125% Senior Notes due 2025 [Member] \| Macao [Member]
Debt Instrument [Line Items]
Long-term debt	[1]	1,796	1,793
Debt instrument, unamortized discount (premium) and debt issuance costs, net		4	7
Unsecured Debt [Member] \| 3.800% Senior Notes due 2026 [Member] \| Macao [Member]
Debt Instrument [Line Items]
Long-term debt	[1]	796	795
Debt instrument, unamortized discount (premium) and debt issuance costs, net		4	5
Unsecured Debt [Member] \| 2.300% Senior Notes due 2027 [Member] \| Macao [Member]
Debt Instrument [Line Items]
Long-term debt	[1]	695	694
Debt instrument, unamortized discount (premium) and debt issuance costs, net		5	6
Unsecured Debt [Member] \| 5.400% Senior Notes due 2028 [Member] \| Macao [Member]
Debt Instrument [Line Items]
Long-term debt	[1]	1,889	1,887
Debt instrument, unamortized discount (premium) and debt issuance costs, net		11	13
Unsecured Debt [Member] \| 2.850% Senior Notes due 2029 [Member] \| Macao [Member]
Debt Instrument [Line Items]
Long-term debt	[1]	645	644
Debt instrument, unamortized discount (premium) and debt issuance costs, net		5	6
Unsecured Debt [Member] \| 4.375% Senior Notes due 2030 [Member] \| Macao [Member]
Debt Instrument [Line Items]
Long-term debt	[1]	693	692
Debt instrument, unamortized discount (premium) and debt issuance costs, net		7	8
Unsecured Debt [Member] \| 3.250% Senior Notes due 2031 [Member] \| Macao [Member]
Debt Instrument [Line Items]
Long-term debt	[1]	595	595
Debt instrument, unamortized discount (premium) and debt issuance costs, net		5
Unsecured Debt [Member] \| 2018 SCL Revolving Facility [Member] \| Macao [Member]
Debt Instrument [Line Items]
Long-term debt	[1]	0	1,958
Secured Debt [Member] \| 2012 Singapore Credit Facility Term \| Singapore [Member]
Debt Instrument [Line Items]
Long-term debt	[1]	2,867	2,870
Debt instrument, unamortized discount (premium) and debt issuance costs, net		24	33
Secured Debt [Member] \| 2012 Singapore Credit Facility Delayed Draw Term [Member] \| Singapore [Member]
Debt Instrument [Line Items]
Long-term debt	[1]	$ 47	$ 46

[1] Unamortized deferred financing costs of $59 million and $60 million as of December 31, 2023 and 2022, 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” and “Prepaid expenses and other” in the accompanying consolidated balance sheets. Includes finance leases related to Macao of $18 million and $21 million as of December 31, 2023 and 2022, respectively.

Long-Term Debt - Additional Inf

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

12 Months Ended

Feb. 09, 2022

Jan. 25, 2021 USD ($)

Jan. 25, 2021 HKD ($)

Aug. 30, 2019 USD ($)

Aug. 30, 2019 SGD ($)

Aug. 30, 2019 USD ($)

Aug. 09, 2019 USD ($)

Nov. 20, 2018 USD ($)

Dec. 31, 2023 USD ($)

Dec. 31, 2022 USD ($)

Dec. 31, 2022 HKD ($)

Dec. 31, 2021 USD ($)

Dec. 31, 2020 USD ($)

Dec. 31, 2020 SGD ($)

Dec. 31, 2023 HKD ($)

Dec. 31, 2023 SGD ($)

May 11, 2023 USD ($)

May 11, 2023 HKD ($)

Sep. 30, 2021 USD ($)

Sep. 23, 2021 USD ($)

Jun. 04, 2020 USD ($)

Nov. 25, 2019 USD ($)

Aug. 30, 2019 SGD ($)

Jul. 31, 2019 USD ($)

Aug. 09, 2018 USD ($)

Mar. 31, 2018 USD ($)

Mar. 31, 2018 SGD ($)

Jun. 30, 2012 USD ($)

Jun. 30, 2012 SGD ($)

Debt Instrument [Line Items]

Payment for Debt Extinguishment or Debt Prepayment Cost

$ 0

$ 131,000,000

Note receivable from related party, noncurrent

1,000,000,000

Proceeds from long-term debt

1,200,000,000

2,702,000,000

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%

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] | Eurodollar [Member]

Debt Instrument [Line Items]

Debt instrument, basis spread on variable rate

1.40%

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

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

Debt Instrument [Line Items]

Payment for Debt Extinguishment or Debt Prepayment Cost

131,000,000

Write off of Deferred Debt Issuance Cost

6,000,000

Macao [Member] | Unsecured Debt [Member] | SCL Senior Notes due 2023, 2025 and 2028 [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%

Debt Instrument, repurchased face amount

$ 1,800,000,000

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 [Member]

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 [Member]

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] | SCL Senior Notes due 2027, 2029 & 2031 [Member]

Debt Instrument [Line Items]

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

$ 1,950,000,000

Proceeds from long-term debt

$ 0

$ 1,946,000,000

Macao [Member] | Unsecured Debt [Member] | 2.300% Senior Notes due 2027 [Member]

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

2.30%

Macao [Member] | Unsecured Debt [Member] | 2.850% Senior Notes due 2029 [Member]

Debt Instrument [Line Items]

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

$ 650,000,000

Debt Instrument, interest rate, stated percentage

2.85%

Macao [Member] | Unsecured Debt [Member] | 3.250% Senior Notes due 2031 [Member]

Debt Instrument [Line Items]

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

$ 600,000,000

Debt Instrument, interest rate, stated percentage

3.25%

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

Debt Instrument [Line Items]

Weighted average interest rate

4.80%

4.60%

4.70%

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)

$ 2,490,000,000

Line of credit facility, unused capacity, commitment fee percentage

0.60%

Weighted average interest rate

6.30%

4.30%

Line of credit facility, increase (decrease), net

$ 491,000,000

$ 3,830

Proceeds from long-term debt

$ 0

$ 1,200,000,000

$ 756,000,000

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

Debt Instrument [Line Items]

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

237,000,000

Proceeds from lines of credit

114,000,000

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

Debt Instrument [Line Items]

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

$ 237,000,000

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

Debt Instrument [Line Items]

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

$ 2,260,000,000

$ 17,630

Proceeds from lines of credit

$ 1,090,000,000

$ 8,500

Macao [Member] | Unsecured Debt [Member] | 2018 SCL Revolving Facility [Member] | Hong Kong, Dollars | Extending Lenders [Member]

Debt Instrument [Line Items]

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

$ 2,250,000,000

$ 17,630

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

Debt Instrument [Line Items]

Debt instrument, basis spread on variable rate

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

Debt Instrument [Line Items]

Debt instrument, basis spread on variable rate

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)

$ 3,640,000,000

$ 4,800,000,000

$ 3,860,000,000

$ 5,100,000,000

Weighted average interest rate

5.30%

3.50%

2.10%

Singapore [Member] | Secured Debt [Member] | 2012 Singapore Credit Facility [Member] | Singapore Overnight Rate Average SORA [Member]

Debt Instrument [Line Items]

Debt instrument, basis spread on variable rate

0.19%

Debt instrument, interest rate, period end rate

5.36%

Singapore [Member] | Secured Debt [Member] | 2012 Singapore Credit Facility [Member] | Singapore Overnight Rate Average SORA [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 Overnight Rate Average SORA [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 Delayed Draw Term [Member]

Debt Instrument [Line Items]

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

$ 2,840,000,000

$ 3,750,000,000

Proceeds from long-term debt

$ 46,000,000

$ 62,000,000

Debt instrument, unused borrowing capacity, amount

$ 2,790,000,000

$ 3,690,000,000

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

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

18%

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)

568,000,000

$ 568,000,000

$ 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)

446,000,000

589,000,000

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%

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%

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 Term

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

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

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

18%

Long-Term Debt - Additional I_2

Long-Term Debt - Additional Information Financial Covenants and Credit Rating Impacts (Details)					12 Months Ended
	Feb. 01, 2024	Jul. 26, 2023	Jun. 16, 2022	Feb. 16, 2022	Dec. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)	Jan. 30, 2023 USD ($)	Nov. 30, 2022 USD ($)	Sep. 07, 2021 SGD ($)	Sep. 03, 2021 USD ($)	Jul. 07, 2021 USD ($)	Sep. 23, 2020 USD ($)	Sep. 11, 2020 USD ($)	Jun. 18, 2020 SGD ($)	Mar. 27, 2020	Aug. 30, 2019	Aug. 09, 2019	Nov. 20, 2018
Debt Instrument [Line Items]
Note receivable from related party, noncurrent					$ 1,000,000,000
United States [Member] \| LVSC Revolving Facility [Member] \| Unsecured Debt [Member]
Debt Instrument [Line Items]
Debt instrument, covenant terms, minimum liquidity requirement, temporary										$ 700,000,000		$ 350,000,000
Minimum liquidity required, dividend payments, temporary							$ 1,000,000,000			$ 1,000,000,000		$ 1,000,000,000
United States [Member] \| Maximum [Member] \| LVSC Revolving Facility [Member] \| Unsecured Debt [Member]
Debt Instrument [Line Items]
Debt instrument, ratio of indebtedness to adjusted EBITDA																	4
Debt instrument, ratio of indebtedness to adjusted EBITDA, waived, temporary										4		4
Macao [Member] \| 2018 SCL Revolving Facility [Member] \| Unsecured Debt [Member]
Debt Instrument [Line Items]
Line of credit, maximum borrowing capacity for dividends, temporary					$ 2,000,000,000			$ 2,000,000,000			$ 2,000,000,000		$ 2,000,000,000
Debt instrument, ratio of indebtedness to adjusted EBITDA, maximum ratio, dividend payments, temporary					4			4			4		4
Minimum cash and undrawn amount of 2018 SCL Credit Facility required after dividend payments, temporary					$ 2,000,000,000			$ 2,000,000,000			$ 2,000,000,000		$ 2,000,000,000
Macao [Member] \| SCL Senior Notes [Member] \| Unsecured Debt [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Increase (Decrease)						(0.50%)
Debt instrument, annual incremental interest expense increase					$ 30,000,000	$ 16,000,000
Macao [Member] \| Minimum [Member] \| 2018 SCL Revolving Facility [Member] \| Unsecured Debt [Member]
Debt Instrument [Line Items]
Debt instrument, ratio of adjusted EBITDA to net interest expense																		2.5
Debt instrument, ratio of adjusted EBITDA to net interest expense, waived, temporary					2.5			2.5			2.5				2.5
Macao [Member] \| Maximum [Member] \| 2018 SCL Revolving Facility [Member] \| Unsecured Debt [Member]
Debt Instrument [Line Items]
Debt instrument, ratio of indebtedness to adjusted EBITDA																		4
Debt instrument, ratio of indebtedness to adjusted EBITDA, waived, temporary					4			4			4				4
Line of credit, additional borrowing capacity option					$ 1,000,000,000			$ 1,000,000,000			$ 1,000,000,000		$ 1,000,000,000
Debt instrument, ratio of indebtedness to adjusted EBITDA Q1 2024					6.25
Debt instrument, ratio of indebtedness to adjusted EBITDA Q2 2024					5.5
Debt instrument, ratio of indebtedness to adjusted EBITDA Q3 2024					5
Debt instrument, ratio of indebtedness to adjusted EBITDA Q4 2024					4.5
Debt instrument, ratio of indebtedness to adjusted EBITDA Q1 2025 and thereafter					4
Singapore [Member] \| 2012 Singapore Credit Facility [Member] \| Secured Debt [Member]
Debt Instrument [Line Items]
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					$ 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					$ 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] \| Maximum [Member] \| 2012 Singapore Credit Facility [Member] \| Secured Debt [Member]
Debt Instrument [Line Items]
Debt instrument, ratio of indebtedness to adjusted EBITDA, period one																4.5
Debt instrument, ratio of indebtedness to adjusted EBITDA, period two																4
Standard & Poor's, BB+ Rating [Member] \| Macao [Member] \| SCL Senior Notes [Member] \| Unsecured Debt [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Increase (Decrease)				(0.25%)
Standard & Poor's, BBB- Rating [Member] \| Macao [Member] \| SCL Senior Notes [Member] \| Unsecured Debt [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Increase (Decrease)		0.25%
Fitch, BB+ Rating [Member] \| Macao [Member] \| SCL Senior Notes [Member] \| Unsecured Debt [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Increase (Decrease)			(0.25%)
Fitch, BBB- Rating \| Subsequent Event [Member] \| Macao [Member] \| SCL Senior Notes [Member] \| Unsecured Debt [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Increase (Decrease)	0.25%

Long-Term Debt - Cash Flows fro

Long-Term Debt - Cash Flows from Financing Activities Related to Long-Term Debt (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Debt Instrument [Line Items]
Proceeds from long-term debt	$ 0	$ 1,200	$ 2,702
Repayments of long-term debt and finance leases	(2,069)	(66)	(1,867)
Unsecured Debt [Member] \| SCL Senior Notes due 2027, 2029 & 2031 [Member] \| Macao [Member]
Debt Instrument [Line Items]
Proceeds from long-term debt	0	0	1,946
Unsecured Debt [Member] \| 2018 SCL Revolving Facility [Member] \| Macao [Member]
Debt Instrument [Line Items]
Proceeds from long-term debt	0	1,200	756
Repayments of long-term debt	(1,948)	0	0
Unsecured Debt [Member] \| 4.600% Senior Notes due 2023 [Member] \| Macao [Member]
Debt Instrument [Line Items]
Repayments of long-term debt	0	0	(1,800)
Secured Debt [Member] \| 2012 Singapore Credit Facility [Member] \| Singapore [Member]
Debt Instrument [Line Items]
Repayments of long-term debt	(62)	(60)	(62)
Other Long-Term Debt And Finance Lease Obligations [Member] \| Finance Leases And Other Long Term Debt [Member]
Debt Instrument [Line Items]
Repayments of long-term debt and finance leases	$ (59)	$ (6)	$ (5)

Long-Term Debt - Maturities of

Long-Term Debt - Maturities of Long-Term Debt (Details) $ in Millions	Dec. 31, 2023 USD ($)
Debt Disclosure [Abstract]
Long-term debt payments, year one	$ 1,894
Long-term debt payments, year two	3,358
Long-term debt payments, year three	3,538
Long-term debt payments, year four	700
Long-term debt payments, year five	1,900
Long-term debt payments, thereafter	2,700
Long-term debt payments, total	$ 14,090

Equity - Additional Information

Equity - Additional Information (Details) $ / shares in Units, $ in Millions

1 Months Ended

12 Months Ended

Feb. 14, 2024 USD ($)

Nov. 15, 2023 $ / shares

Aug. 16, 2023 $ / shares

Jan. 31, 2024 $ / shares

Dec. 31, 2023 USD ($) $ / shares shares

Dec. 31, 2023 HKD ($) shares

Dec. 31, 2022 USD ($) shares

Dec. 31, 2021 USD ($) shares

Oct. 16, 2023 USD ($)

Oct. 31, 2022 USD ($)

Oct. 31, 2020 USD ($)

Jun. 30, 2018 USD ($)

Class of Stock [Line Items]

Preferred stock, shares authorized | shares

50,000,000

Common stock, dividends, per share, cash paid | $ / shares

$ 0.20

Common stock, dividends declared (per share) | $ / shares

$ 0.40

Repurchase of common stock

$ 505,000,000

$ 0

Payments for unsettled forward contract for purchase of noncontrolling interest

250,000,000

$ 0

Unsettled forward contract for purchase of noncontrolling interest

250,000,000

Excise Tax on Share Repurchase [Member]

Class of Stock [Line Items]

Excise tax payable

5,000,000

Subsequent Event [Member]

Class of Stock [Line Items]

Common stock, dividends declared (per share) | $ / shares

$ 0.20

Venetian Venture Development II [Member]

Class of Stock [Line Items]

Payments for unsettled forward contract for purchase of noncontrolling interest

$ 250,000,000

$ 1,950

June 2018 Program [Member]

Class of Stock [Line Items]

Stock repurchase program, authorized amount

$ 2,500,000,000

Stock repurchase program, remaining authorized repurchase amount

$ 2,000,000,000

$ 916,000,000

Common stock repurchased (in shares) | shares

11,121,497

Repurchase of common stock

$ 510,000,000

Principal Stockholders [Member]

Class of Stock [Line Items]

Common stock repurchased (in shares) | shares

5,783,021

Repurchase of common stock

$ 250,000,000

Retained Earnings (Loss) [Member]

Class of Stock [Line Items]

Dividends, common stock, cash

305,000,000

Retained Earnings (Loss) [Member] | Forecast [Member]

Class of Stock [Line Items]

Dividends, common stock, cash

$ 151,000,000

Capital in Excess of Par Value [Member]

Class of Stock [Line Items]

Unsettled forward contract for purchase of noncontrolling interest

250,000,000

Capital in Excess of Par Value [Member] | Venetian Venture Development II [Member]

Class of Stock [Line Items]

Unsettled forward contract for purchase of noncontrolling interest

$ 250,000,000

Equity - Rollforward of Common

Equity - Rollforward of Common Stock (Details) - shares	12 Months Ended
Equity - Rollforward of Common Stock (Details) - shares	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Increase (Decrease) in Common Stock [Roll Forward]
Common stock shares, beginning balance	764,000,000
Common stock shares, ending balance	753,000,000	764,000,000
Common Stock [Member]
Increase (Decrease) in Common Stock [Roll Forward]
Common stock shares, beginning balance	764,247,283	763,989,752	763,842,938
Exercised (in shares)	77,856		121,710
Common stock repurchased (in shares)	11,121,497
Common stock shares, ending balance	753,448,656	764,247,283	763,989,752
Common Stock [Member] \| Restricted Stock [Member]
Increase (Decrease) in Common Stock [Roll Forward]
Issuance of restricted stock	17,166	46,448	25,104
Restricted stock award, forfeitures	(5,806)
Common Stock [Member] \| Restricted Stock Units [Member]
Increase (Decrease) in Common Stock [Roll Forward]
Issuance of restricted stock	233,654	211,083

Income Taxes - Income Before In

Income Taxes - Income Before Income Taxes and Noncontrolling Interests (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Income (Loss) Before Income Taxes and Noncontrolling Interest [Abstract]
Foreign	$ 1,889	$ (1,090)	$ (1,091)
Domestic	(114)	(297)	(383)
Income (loss) from continuing operations before income taxes	$ 1,775	$ (1,387)	$ (1,474)

Income Taxes - Components of In

Income Taxes - Components of Income Tax (Benefit) Expense (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Foreign:
Current	$ 261	$ 136	$ 32
Deferred	32	(21)	(12)
Federal:
Current	39	20	8
Deferred	12	19	(33)
Total income tax expense (benefit)	$ 344	$ 154	$ (5)

Income Taxes - Effective Income

Income Taxes - Effective Income Tax Rate Reconciliation (Details)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Effective Income Tax Rate Reconciliation, Percent [Abstract]
Statutory federal income tax rate	21%	21%	21%
Foreign and U.S. tax rate differential	(6.50%)	(9.00%)	(6.70%)
Tax exempt (income) loss of foreign subsidiary	(4.20%)	(4.50%)	(0.60%)
Change in valuation allowance	4%	(15.80%)	(13.10%)
Other, net	5.10%	(2.80%)	(0.30%)
Effective tax rate	19.40%	(11.10%)	0.30%

Income Taxes - Additional Infor

Income Taxes - Additional Information (Details) $ / shares in Units, MOP$ in Millions, $ in Millions	6 Months Ended		12 Months Ended
	Jun. 26, 2022 USD ($)	Jun. 26, 2022 MOP (MOP$)	Dec. 31, 2023 USD ($) $ / shares	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)	Dec. 31, 2021 MOP (MOP$)	Dec. 31, 2020 USD ($)
Income Taxes [Line Items]
Statutory federal income tax rate			21%	21%	21%	21%
Deferred tax assets, valuation allowance			$ 3,879	$ 4,083
Unrecognized tax benefits			141	136	$ 136		$ 131
Unrecognized tax benefits, effective income tax rate impact			122	122	126
Income tax examination, penalties and interest accrued			19	13	10
Excise Tax on Share Repurchase [Member]
Income Taxes [Line Items]
Excise tax payable			5
Deferred tax asset [Member]
Income Taxes [Line Items]
Unrecognized tax benefits			36	36	57
Other Long-Term Liabilities [Member]
Income Taxes [Line Items]
Unrecognized tax benefits			105	100	79
U.S. Foreign Tax [Member]
Income Taxes [Line Items]
Tax credit carryforward, amount			$ 3,610	3,760
Macao [Member] \| Foreign Tax Authority [Member] \| Macao Finance Bureau (MFB) [Member]
Income Taxes [Line Items]
Statutory tax rate			12%
Macao tax agreement, annual payment (patacas converted to USD at balance sheet date)	$ 2	MOP$ 18			$ 5	MOP$ 38
Impact on net income if no assumption of income tax exemption, amount			$ 46
Impact on net income if no assumption of income tax exemption, diluted per share amount \| $ / shares			$ 0.06
Tax on gross gaming revenue, percent			35%
United States [Member] \| U.S. Foreign Tax [Member]
Income Taxes [Line Items]
Deferred tax assets, valuation allowance			$ 3,490	3,610
United States [Member] \| Domestic Tax Authority [Member] \| Internal Revenue Service (IRS) [Member]
Income Taxes [Line Items]
Statutory federal income tax rate			21%
Singapore [Member] \| Foreign Tax Authority [Member] \| Inland Revenue, Singapore (IRAS) [Member]
Income Taxes [Line Items]
Statutory tax rate			17%
Foreign Subsidiaries [Member]
Income Taxes [Line Items]
Operating loss carryforward, amount			$ 3,280	3,960
Foreign Subsidiaries [Member] \| Foreign Deferred Tax Asset [Member]
Income Taxes [Line Items]
Deferred tax assets, valuation allowance			$ 394	$ 475

Income Taxes - Components of Ne

Income Taxes - Components of Net Deferred Tax Assets (Details) - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022
Deferred tax assets:
U.S. foreign tax credit carryforwards	$ 3,575	$ 3,720
Net operating loss carryforwards	401	481
Research and development	22	0
Stock-based compensation	18	17
Accrued expenses	12	9
Pre-opening expenses	5	0
Provision for credit losses	1	1
Other	3	14
Total deferred tax assets, gross	4,037	4,242
Less — valuation allowances	(3,879)	(4,083)
Total deferred tax assets	158	159
Deferred tax liabilities:
Property and equipment	(219)	(174)
Prepaid expenses	(2)	(2)
Other	(3)	(4)
Total deferred tax liabilities	(224)	(180)
Deferred tax liabilities, net	$ (66)	$ (21)

Income Taxes - Reconciliation o

Income Taxes - Reconciliation of Unrecognized Tax Benefits (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns [Roll Forward]
Balance at the beginning of the year	$ 136	$ 136	$ 131
Reductions to tax positions related to prior years	(3)	(15)	(4)
Additions to tax positions related to current year	8	15	9
Balance at the end of the year	$ 141	$ 136	$ 136

Fair Value Disclosures (Details

Fair Value Disclosures (Details) - USD ($) $ in Millions		Dec. 31, 2023	Dec. 31, 2022
Fair Value Disclosure, Asset and Liability, Not Measured at Fair Value [Line Items]
Loan receivable		$ 1,194	$ 1,165
Long-term debt, contractual value		14,090	16,060
Bank Time Deposits [Member]
Fair Value Disclosure, Asset and Liability, Not Measured at Fair Value [Line Items]
Cash equivalents, at carrying value		2,153	3,249
Money Market Funds [Member]
Fair Value Disclosure, Asset and Liability, Not Measured at Fair Value [Line Items]
Cash equivalents, at carrying value		52	134
US Treasury Securities [Member]
Fair Value Disclosure, Asset and Liability, Not Measured at Fair Value [Line Items]
Cash equivalents, at carrying value		1,124
Fair Value, Inputs, Level 2 [Member]
Fair Value Disclosure, Asset and Liability, Not Measured at Fair Value [Line Items]
Loan receivable, fair value disclosure	[1]	1,130	1,078
Long-term debt, fair value	[2]	13,526	15,140
Quoted Market Prices in Active Markets (Level 1) [Member] \| Bank Time Deposits [Member]
Fair Value Disclosure, Asset and Liability, Not Measured at Fair Value [Line Items]
Cash and cash equivalents, fair value disclosure		2,153	3,249
Quoted Market Prices in Active Markets (Level 1) [Member] \| Money Market Funds [Member]
Fair Value Disclosure, Asset and Liability, Not Measured at Fair Value [Line Items]
Cash and cash equivalents, fair value disclosure		52	$ 134
Quoted Market Prices in Active Markets (Level 1) [Member] \| US Treasury Securities [Member]
Fair Value Disclosure, Asset and Liability, Not Measured at Fair Value [Line Items]
Cash and cash equivalents, fair value disclosure		$ 1,124

[1] The fair value is estimated based on level 2 inputs and reflects the increase in market interest rates since finalizing the terms of the loan receivable at a fixed interest rate on March 2, 2021. 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).

Leases - Additional Information

Leases - Additional Information (Details) $ in Millions	12 Months Ended
Leases - Additional Information (Details) $ in Millions	Dec. 31, 2023 USD ($) a	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)
Lessee, Lease, Description [Line Items]
Finance lease, principal payments	$ 57	$ 4	$ 5
Right-of-use asset obtained in exchange for operating lease liability	194	$ 8	$ 10
Operating lease liabilities	271
Lessee, operating Lease, liability, to be paid, year one	26
Lessee, operating Lease, liability, to be paid, year three	19
Lessee, operating Lease, liability, to be paid, year four	18
Lessee, operating Lease, liability, to be paid, year two	20
Lessee, operating Lease, liability, to be paid, year five	16
Lessee, operating Lease, liability, to be paid, after year five	408
Short-term lease commitment, amount	$ 37
Nassau County [Member] \| Leasehold interests in land [Member]
Lessee, Lease, Description [Line Items]
Area of Land \| a	61
Estimated useful life of assets	26 years
Nassau Coliseum [Member]
Lessee, Lease, Description [Line Items]
Finance lease, principal payments	$ 54
Right-of-use asset obtained in exchange for operating lease liability	153
Operating lease liabilities	79
Lessee, operating Lease, liability, to be paid, year one	4
Lessee, operating Lease, liability, to be paid, year three	5
Lessee, operating Lease, liability, to be paid, year four	5
Lessee, operating Lease, liability, to be paid, year two	5
Lessee, operating Lease, liability, to be paid, year five	5
Lessee, operating Lease, liability, to be paid, after year five	$ 124
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	10 years
Lessee, finance lease, renewal term	10 years
Lessor, operating lease, term of contract	20 years

Lessee, Assets and Liabilities

Lessee, Assets and Liabilities (Details) - USD ($) $ in Millions		Dec. 31, 2023	Dec. 31, 2022
Lessee, Lease, Description [Line Items]
Operating lease ROU assets		$ 53	$ 23
Finance lease ROU assets	[1]	5	10
Operating lease liability, current		19	13
Finance lease liability, current		9	8
Operating lease liability, noncurrent		252	157
Finance lease liability, noncurrent		9	13
Accumulated depreciation		$ 11,207	$ 10,253
Operating lease ROU assets, classification on the balance sheet		Other assets, net	Other assets, net
Finance lease ROU assets, classification on the balance sheet		Property and equipment, net	Property and equipment, net
Operating lease liability, current, classification on the balance sheet		Other accrued liabilities	Other accrued liabilities
Finance lease liability, current, classification on the balance sheet		Current maturities of long-term debt	Current maturities of long-term debt
Operating lease liability, noncurrent, classification on the balance sheet		Other long-term liabilities	Other long-term liabilities
Finance lease liability, noncurrent, classification on the balance sheet		Long-term debt	Long-term debt
Finance lease right of use assets [Member]
Lessee, Lease, Description [Line Items]
Accumulated depreciation	[1]	$ 23	$ 26

[1] Finance lease ROU assets are recorded net of accumulated depreciation of $23 million and $26 million as of December 31, 2023 and 2022, respectively.

Lessee, Other Lease Information

Lessee, Other Lease Information (Details)	Dec. 31, 2023	Dec. 31, 2022
Leases [Abstract]
Operating leases, weighted average remaining lease term	26 years 7 months 6 days	32 years
Finance leases, weighted average remaining lease term	2 years 1 month 6 days	2 years 6 months
Operating leases, weighted average discount rate, percent	5%	4.90%
Finance leases, weighted average discount rate, percent	6.30%	4.90%

Lessee, Lease Cost Components (

Lessee, Lease Cost Components (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Lessee, Lease, Description [Line Items]
Amortization of leasehold interests in land	$ 58	$ 55	$ 56
Operating lease cost	14	21	14
Short-term lease cost	5	4	1
Variable lease, cost	11	2	2
Amortization of ROU assets	4	5	8
Interest on lease liabilities	6	1	1
Total lease cost	98	88	82
Operating Lease [Member]
Lessee, Lease, Description [Line Items]
Amortization of leasehold interests in land	56	55	56
Finance Lease [Member]
Lessee, Lease, Description [Line Items]
Amortization of leasehold interests in land	$ 2	$ 0	$ 0

Lessee, Supplemental Cash Flow

Lessee, Supplemental Cash Flow Information Related to Leases (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Leases [Abstract]
Operating cash flows for operating leases	$ 17	$ 14	$ 16
Financing cash flows for finance leases	57	4	5
Right-of-use asset obtained in exchange for operating lease liability	194	8	10
Right-of-use asset obtained in exchange for finance lease liability	$ 1	$ 1	$ 9

Lessee, Lease Liability Maturit

Lessee, Lease Liability Maturity (Details) - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022
Operating Leases
2024	$ 26
2025	20
2026	19
2027	18
2028	16
Thereafter	408
Total future minimum lease payments	507
Less — amount representing interest	(236)
Present value of future minimum lease payments	271
Less — current lease obligations	19	$ 13
Long-term lease obligations	252	157
Finance Leases
2024	10
2025	8
2026	1
2027	0
2028	0
Thereafter	0
Total future minimum lease payments	19
Less — amount representing interest	(1)
Present value of future minimum lease payments	18
Less — current lease obligations	(9)	(8)
Long-term lease obligations	$ 9	$ 13

Lessor, Lease Revenue Component

Lessor, Lease Revenue Components (Details) - USD ($) $ in Millions		12 Months Ended
		Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Mall [Member]
Lessor, Lease, Description [Line Items]
Minimum rents		$ 503	$ 484	$ 505
Overage rents		166	78	115
Rent concessions	[1]	0	(70)	(65)
Other	[2]	0	0	6
Overage rents , rent concessions and other		166	8	56
Lease revenue		669	492	561
Other [Member]
Lessor, Lease, Description [Line Items]
Minimum rents		1	1	1
Overage rents		0	0	0
Rent concessions	[1]	0	0	0
Other	[2]	0	0	0
Overage rents , rent concessions and other		0	0	0
Lease revenue		$ 1	$ 1	$ 1

[1] Rent concessions were provided to tenants during the years ended December 31, 2022 and 2021 as a result of the COVID-19 pandemic and the impact on mall operations. Amount related to a grant provided by the Singapore government to lessors to support small and medium enterprises impacted by the COVID-19 pandemic in connection with their rent obligations.

Lessor, Future Minimum Rentals

Lessor, Future Minimum Rentals (Details) $ in Millions	Dec. 31, 2023 USD ($)
Mall [Member]
Lessor, Lease, Description [Line Items]
2024	$ 497
2025	370
2026	295
2027	239
2028	186
Thereafter	225
Total minimum future rentals	1,812
Other [Member]
Lessor, Lease, Description [Line Items]
2024	1
2025	0
2026	0
2027	0
2028	0
Thereafter	0
Total minimum future rentals	$ 1

Lessor, Leased Property and Equ

Lessor, Leased Property and Equipment (Details) - Land and Building [Member] - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022
Property, Plant, and Equipment, Lessor Asset under Operating Lease [Line Items]
Property and equipment, at cost	$ 1,573	$ 1,554
Accumulated depreciation	(773)	(711)
Property and equipment, net	$ 800	$ 843

Commitments and Contingencies -

Commitments and Contingencies - Additional Information (Details)									12 Months Ended
	Sep. 19, 2022 MOP (MOP$)	Sep. 19, 2022 USD ($)	Jul. 10, 2021 MOP (MOP$)	Jul. 10, 2021 USD ($)	Jul. 15, 2019 MOP (MOP$)	Jul. 15, 2019 USD ($)	Jan. 19, 2012 MOP (MOP$)	Jan. 19, 2012 USD ($)	Dec. 31, 2023 MOP (MOP$)	Dec. 31, 2023 USD ($)
Minimum [Member]
Commitments and Contingencies [Line Items]
Non-cancelable period of management agreements										14 years
Maximum [Member]
Commitments and Contingencies [Line Items]
Non-cancelable period of management agreements										40 years
Macao Concession [Member] \| Macao [Member]
Commitments and Contingencies [Line Items]
Fixed Portion of Premium									MOP$ 30000000	$ 4,000,000
Annual premium, variable portion, minimum (patacas converted to USD at balance sheet date)									MOP$ 76000000	9,000,000
Other commitment, due year one										40,000,000
Other commitment, due year two										40,000,000
Other commitment, due year three										40,000,000
Other Commitment, due year four										40,000,000
Other Commitment, due year five										40,000,000
Other Commitment, due after year five										$ 158,000,000
Tax on gross gaming revenue, percent									35%	35%
Percentage contribution of revenue to utilities									5%	5%
Minimum annual gaming tax due on gross gaming revenue (patacas converted to USD at balance sheet date)									MOP$ 4500000000	$ 560,000,000
Handover fee per square meter for period one through three									750	93
Handover fee per square meter for period four through ten									2,500	311
Annual handover fee for period two and three										13,000,000
Annual handover fee for period four through ten										42,000,000
Gaming and non-gaming financial concession commitment									30,240,000,000	3,760,000,000
Non-gaming financial concession commitment									MOP$ 27800000000	$ 3,450,000,000
Increase in percentage of non-gaming projects spend if Macao GGR exceeds certain threshold									20%	20%
Macao’s annual market gross gaming revenue threshold requiring increase in non-gaming spend									MOP$ 180000000000	$ 22,360,000,000
Additional non-gaming financial commitment due to revenue trigger									5,560,000,000	691,000,000
Macao Concession [Member] \| Gaming Table Reserved [Member] \| Macao [Member]
Commitments and Contingencies [Line Items]
Variable Portion Premium, Per Unit									300,000	37,274
Macao Concession [Member] \| Gaming Table Not Reserved [Member] \| Macao [Member]
Commitments and Contingencies [Line Items]
Variable Portion Premium, Per Unit									150,000	18,637
Macao Concession [Member] \| Electrical Or Mechanical Gaming Machine [Member] \| Macao [Member]
Commitments and Contingencies [Line Items]
Variable Portion Premium, Per Unit									1,000	124
Minimum annual gaming tax due on gross gaming revenue per unit (patacas converted to USD at balance sheet date)									300,000	37,274
Macao Concession [Member] \| Gaming Table [Member] \| Macao [Member]
Commitments and Contingencies [Line Items]
Minimum annual gaming tax due on gross gaming revenue per unit (patacas converted to USD at balance sheet date)									7,000,000	1,000,000
Non-cancelable contractual obligations, excluding leases and Macao concession related items [Member]
Commitments and Contingencies [Line Items]
Contractual Obligation										724,000,000
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	$ 11,980,000,000	MOP$ 3000000000	$ 373,000,000
Loss contingency, legal fees sought, value			MOP$ 93000000	$ 12,000,000
Loss contingency, first plaintiff expert estimated damages, value									57,880,000,000	7,190,000,000
Loss contingency, second plaintiff expert estimated damages, value									MOP$ 62290000000	$ 7,740,000,000
Loss contingency, court fees sought, value	MOP$ 48000000	$ 6,000,000

Stock-Based Employee Compensa_3

Stock-Based Employee Compensation - Additional Information (Details) $ / shares in Units, $ in Millions	1 Months Ended	12 Months Ended
	May 31, 2019 shares	Dec. 31, 2023 USD ($) OptionPlan $ / shares shares	Dec. 31, 2022 USD ($) $ / shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of nonqualified stock option plans \| OptionPlan		2
Common stock, par value (in usd per share) \| $ / shares		$ 0.001	$ 0.001
Cash-settled restricted stock accrued liability		$ 370	$ 316
Sands China Ltd. [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common stock, par value (in usd per share) \| $ / shares		$ 0.01
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		1,348,784
LVSC 2004 Plan [Member] \| Restricted Stock Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock options vesting period (in years)		3 years
LVSC 2004 Plan [Member] \| Restricted Stock And Stock Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation cost related to unvested equity-based awards		$ 31
Expected weighted average period for recognition of stock option (in years)		1 year 9 months 18 days
LVSC 2004 Plan [Member] \| Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Maximum contractual term of outstanding stock options (in years)		10 years
Unrecognized compensation cost related to unvested equity-based awards		$ 36
Expected weighted average period for recognition of stock option (in years)		2 years 8 months 12 days
LVSC 2004 Plan [Member] \| Minimum [Member] \| Stock Option [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] \| Stock Option [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]
Term of plan (in years)		10 years
Shares available for grant \| shares		805,319,139
Stock options vesting period (in years)		4 years
Maximum contractual term of outstanding stock options (in years)		10 years
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		$ 32	$ 34
Unrecognized compensation cost related to unvested equity-based awards		$ 21
Expected weighted average period for recognition of stock option (in years)		1 year 9 months 18 days
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		$ 3
Expected weighted average period for recognition of stock option (in years)		3 years
SCL Equity Plan [Member] \| Phantom Share Units (PSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock options vesting period (in years)		3 years

Stock-Based Employee Compensa_4

Stock-Based Employee Compensation - Black-Scholes Option-Pricing Model Weighted Average Assumptions (Details)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
LVSC 2004 Plan [Member]
Black-Scholes option-pricing model, weighted average assumptions
Weighted average volatility	26.10%	26%	25.10%
Expected term (in years)	8 years 4 months 24 days	6 years 3 months 18 days	5 years 6 months
Risk-free rate	4%	2.10%	0.90%
Expected dividend yield	1.70%	0%	0%
SCL Equity Plan [Member]
Black-Scholes option-pricing model, weighted average assumptions
Weighted average volatility	0%	43.70%	0%
Expected term (in years)	0 years	7 years 2 months 12 days	0 years
Risk-free rate	0%	2.70%	0%
Expected dividend yield	0%	0%	0%

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, 2023	Dec. 31, 2022	Dec. 31, 2021
LVSC 2004 Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]
Outstanding, beginning balance (in shares)	14,538,774
Granted (in shares)	510,157	1,730,000	4,513,468
Exercised (in shares)	79,121
Forfeited or expired (in shares)	(55,432)
Outstanding, ending balance (in shares)	14,914,378	14,538,774
Exercisable as of the end of the period (in shares)	10,250,558
Outstanding, beginning balance, weighted average exercise price (in usd per share)	$ 48.09
Granted, weighted average exercise price (in usd per share)	48.63
Exercised, weighted average exercise price (in usd per share)	46.95
Forfeited or expired, weighted average exercise price (in usd per share)	65.11
Outstanding, ending balance, weighted average exercise price (in usd per share)	48.04	$ 48.09
Exercisable as of the end of the period, weighted average exercise price (in usd per share)	$ 50.82
Outstanding, weighted average remaining contractual life (in years)	5 years 7 months 6 days
Exercisable, weighted average remaining contractual life (in years)	4 years 8 months 12 days
Outstanding, aggregate intrinsic value	$ 80
Exercisable, aggregate intrinsic value	$ 45
SCL Equity Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]
Outstanding, beginning balance (in shares)	48,400,900
Granted (in shares)	0	3,300,000	0
Exercised (in shares)	190,700
Forfeited or expired (in shares)	(3,884,850)
Outstanding, ending balance (in shares)	44,325,350	48,400,900
Exercisable as of the end of the period (in shares)	41,025,350
Outstanding, beginning balance, weighted average exercise price (in usd per share)	$ 4.84
Exercised, weighted average exercise price (in usd per share)	3.46
Forfeited or expired, weighted average exercise price (in usd per share)	4.92
Outstanding, ending balance, weighted average exercise price (in usd per share)	4.84	$ 4.84
Exercisable as of the end of the period, weighted average exercise price (in usd per share)	$ 5.05
Outstanding, weighted average remaining contractual life (in years)	4 years
Exercisable, weighted average remaining contractual life (in years)	3 years 7 months 13 days
Outstanding, aggregate intrinsic value	$ 2
Exercisable, aggregate intrinsic value	$ 0

Stock-Based Employee Compensa_6

Stock-Based Employee Compensation - Summary of Unvested Restricted Stock and Stock Units (Details) - $ / shares	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
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)	40,642
Granted (in shares)	17,166	46,448	25,104
Vested (in shares)	(34,836)
Forfeited (in shares)	(5,806)
Unvested, ending balance (in shares)	17,166	40,642
Unvested, weighted average grant date fair value, beginning balance (in usd per share)	$ 30.14
Granted, weighted average grant date fair value (in usd per share)	61.15	$ 30.14	$ 55.76
Vested, weighted average grant date fair value (in usd per share)	30.14
Forfeited, weighted average grant date fair value (in usd per share)	30.14
Unvested, weighted average grant date fair value, ending balance (in usd per share)	$ 61.15	$ 30.14
LVSC 2004 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)	575,262
Granted (in shares)	577,636	123,497	786,310
Vested (in shares)	(265,265)
Forfeited (in shares)	(6,993)
Unvested, ending balance (in shares)	880,640	575,262
Unvested, weighted average grant date fair value, beginning balance (in usd per share)	$ 47.99
Granted, weighted average grant date fair value (in usd per share)	57.77	$ 42.55	$ 48.96
Vested, weighted average grant date fair value (in usd per share)	48.10
Forfeited, weighted average grant date fair value (in usd per share)	43.66
Unvested, weighted average grant date fair value, ending balance (in usd per share)	$ 54.14	$ 47.99
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)	21,157,564
Granted (in shares)	6,792,000	9,393,200	13,039,600
Vested (in shares)	(9,315,592)
Forfeited (in shares)	(742,976)
Unvested, ending balance (in shares)	17,890,996	21,157,564
Unvested, weighted average grant date fair value, beginning balance (in usd per share)	$ 2.79
Granted, weighted average grant date fair value (in usd per share)	3.44	$ 2.32	$ 3.22
Vested, weighted average grant date fair value (in usd per share)	2.92
Forfeited, weighted average grant date fair value (in usd per share)	2.79
Unvested, weighted average grant date fair value, ending balance (in usd per share)	$ 2.98	$ 2.79

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, 2023	Dec. 31, 2022	Dec. 31, 2021
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Share-based compensation expense	[1]	$ 72	$ 70	$ 27
Income tax benefit recognized in the consolidated statements of operations		3	2	1
Compensation cost capitalized as part of property and equipment		1	2	1
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Proceeds from exercise of stock options		4	0	19
LVSC 2004 Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock options exercised, intrinsic value		1	0	1
Proceeds from exercise of stock options		3	0	7
SCL Equity Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock options exercised, intrinsic value		0	0	3
Proceeds from exercise of stock options		1	0	12
Stock Option [Member]
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Share-based compensation expense		$ 21	$ 24	$ 14
Stock Option [Member] \| LVSC 2004 Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock options granted (in shares)		510,157	1,730,000	4,513,468
Stock options granted, weighted average grant date fair value (in usd per share)		$ 15.58	$ 12.74	$ 8.63
Stock Option [Member] \| SCL Equity Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock options granted (in shares)		0	3,300,000	0
Stock options granted, weighted average grant date fair value (in usd per share)		$ 0	$ 1.13	$ 0
Restricted Stock And Stock Units [Member]
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Share-based compensation expense		$ 51	$ 46	$ 13
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)		17,166	46,448	25,104
Restricted stock award units granted, weighted average grant date fair value (in usd per share)		$ 61.15	$ 30.14	$ 55.76
Restricted Stock Units [Member] \| LVSC 2004 Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted stock award units granted (in shares)		577,636	123,497	786,310
Restricted stock award units granted, weighted average grant date fair value (in usd per share)		$ 57.77	$ 42.55	$ 48.96
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)		6,792,000	9,393,200	13,039,600
Restricted stock award units granted, weighted average grant date fair value (in usd per share)		$ 3.44	$ 2.32	$ 3.22

[1] During the years ended December 31, 2023, 2022 and 2021, the Company recorded stock-based compensation expense of $72 million, $70 million and $27 million, respectively, of which $43 million, $37 million and $15 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 ($)	3 Months Ended										12 Months Ended
	Dec. 31, 2023	Sep. 30, 2023	Jun. 30, 2023	Mar. 31, 2023	[1]	Dec. 31, 2022	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	[1]	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Jul. 11, 2022
Related Party Transaction [Line Items]
Revenue from goods and services provided to related parties	$ 2,915,000,000	$ 2,795,000,000	$ 2,542,000,000	$ 2,120,000,000		$ 1,117,000,000	$ 1,005,000,000	$ 1,045,000,000	$ 943,000,000		$ 10,372,000,000	$ 4,110,000,000	$ 4,234,000,000
Related party payables	$ 1,948,000,000					$ 1,458,000,000					$ 1,948,000,000	$ 1,458,000,000
Common stock, par value (in usd per share)	$ 0.001					$ 0.001					$ 0.001	$ 0.001
Repurchase of common stock											$ 505,000,000	$ 0	0
Note receivable from related party, noncurrent	$ 1,000,000,000										$ 1,000,000,000
Principal Stockholders [Member]
Related Party Transaction [Line Items]
Sale of common stock by a related party, shares											46,264,168
Sale of common stock by a related party, price per share	$ 44										$ 44
Common stock repurchased (in shares)											5,783,021
Repurchase of common stock											$ 250,000,000
Affiliated Entity \| Sands China Ltd. [Member]
Related Party Transaction [Line Items]
Note receivable from related party, noncurrent														$ 1,000,000,000
Security and Medical Support, Design and Other [Member] \| Principal Stockholders [Member]
Related Party Transaction [Line Items]
Revenue from goods and services provided to related parties											2,000,000	3,000,000	2,000,000
Lodging, Food & Beverage and Other [Member] \| Principal Stockholders [Member]
Related Party Transaction [Line Items]
Expenses from good and services provided by related parties											1,000,000	1,000,000	3,000,000
Aircraft, Yacht and Other [Member] \| Principal Stockholders [Member]
Related Party Transaction [Line Items]
Expenses from good and services provided by related parties											11,000,000	6,000,000	3,000,000
Aviation [Member] \| Principal Stockholders [Member]
Related Party Transaction [Line Items]
Revenue from goods and services provided to related parties											21,000,000	19,000,000	$ 21,000,000
Related Party [Member]
Related Party Transaction [Line Items]
Related party receivables	$ 8,000,000					$ 2,000,000					8,000,000	2,000,000
Related party payables	$ 1,000,000					$ 1,000,000					$ 1,000,000	$ 1,000,000
Loans Receivable [Member] \| Affiliated Entity \| Sands China Ltd. [Member]
Related Party Transaction [Line Items]
Percentage of interest payment to be paid in cash														5%
Paid-in-kind interest rate for year one and two														6%

[1]During the first quarter of 2022, the Company closed the sale of the Las Vegas Operations and recorded a gain on the sale of $2.86 billion, net of tax. The Las Vegas Operations has been disclosed as a discontinued operation for all periods presented.

Schedule of Segment Reporting I

Schedule of Segment Reporting Information (Details) - USD ($) $ in Millions		3 Months Ended										12 Months Ended
		Dec. 31, 2023	Sep. 30, 2023	Jun. 30, 2023	Mar. 31, 2023	[1]	Dec. 31, 2022	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	[1]	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Segment Reporting Information [Line Items]
Net revenues		$ 2,915	$ 2,795	$ 2,542	$ 2,120		$ 1,117	$ 1,005	$ 1,045	$ 943		$ 10,372	$ 4,110	$ 4,234
Adjusted property EBITDA	[2]											4,085	732	786
Stock-based compensation	[3]											(29)	(33)	(12)
Corporate												(230)	(235)	(211)
Pre-opening												(15)	(13)	(19)
Development												(205)	(143)	(109)
Depreciation and amortization												(1,208)	(1,036)	(1,041)
Amortization of leasehold interests in land												(58)	(55)	(56)
Loss on disposal or impairment of assets												(27)	(9)	(27)
Operating income (loss)		710	$ 688	$ 537	$ 378		(166)	(177)	(147)	(302)		2,313	(792)	(689)
Interest income												288	116	4
Interest expense, net of amounts capitalized												(818)	(702)	(621)
Other expense												(8)	(9)	(31)
Loss on modification or early retirement of debt												0	0	(137)
Income tax (expense) benefit												(344)	(154)	5
Net income (loss) from continuing operations							(269)	$ (380)	$ (414)	$ (478)		1,431	(1,541)	(1,469)
Total stock-based compensation expense	[3]											72	70	27
Capital expenditures												1,017	651	828
Assets		21,778					22,039					21,778	22,039	16,756
Long-lived assets	[4]	13,688					13,579					13,688	13,579	14,016
Corporate expense [Member]
Segment Reporting Information [Line Items]
Total stock-based compensation expense	[3]											43	37	15
Corporate and Other [Member]
Segment Reporting Information [Line Items]
Capital expenditures												200	60	27
Assets		5,167					5,422					5,167	5,422	1,357
Long-lived assets	[4]	655					203					655	203	176
Macao [Member]
Segment Reporting Information [Line Items]
Net revenues												6,559	1,627	2,897
Adjusted property EBITDA												2,224	(324)	338
Loss on disposal or impairment of assets												(12)
Capital expenditures												233	243	653
Assets		10,224					10,550					10,224	10,550	10,073
Long-lived assets	[4]	7,892					8,485					7,892	8,485	9,099
Macao [Member] \| The Venetian Macao [Member]
Segment Reporting Information [Line Items]
Net revenues												2,682	682	1,256
Adjusted property EBITDA												1,054	(25)	297
Capital expenditures												71	52	71
Assets		2,548					2,135					2,548	2,135	2,087
Long-lived assets	[4]	1,337					1,415					1,337	1,415	1,555
Macao [Member] \| The Londoner Macao [Member]
Segment Reporting Information [Line Items]
Net revenues												1,792	350	588
Adjusted property EBITDA												516	(189)	(84)
Capital expenditures												132	175	551
Assets		4,193					4,489					4,193	4,489	4,494
Long-lived assets	[4]	3,796					4,085					3,796	4,085	4,317
Macao [Member] \| The Parisian Macao [Member]
Segment Reporting Information [Line Items]
Net revenues												879	188	357
Adjusted property EBITDA												269	(103)	(17)
Capital expenditures												9	3	4
Assets		1,802					1,828					1,802	1,828	1,962
Long-lived assets	[4]	1,665					1,789					1,665	1,789	1,915
Macao [Member] \| The Plaza Macao and Four Seasons Macao [Member]
Segment Reporting Information [Line Items]
Net revenues												779	313	546
Adjusted property EBITDA												308	81	219
Capital expenditures												15	9	19
Assets		1,059					1,020					1,059	1,020	1,145
Long-lived assets	[4]	896					975					896	975	1,055
Macao [Member] \| Sands Macao [Member]
Segment Reporting Information [Line Items]
Net revenues												322	65	122
Adjusted property EBITDA												59	(81)	(69)
Capital expenditures												6	4	7
Assets		287					208					287	208	253
Long-lived assets	[4]	169					180					169	180	197
Macao [Member] \| Ferry Operations and Other [Member]
Segment Reporting Information [Line Items]
Net revenues												105	29	28
Adjusted property EBITDA												18	(7)	(8)
Capital expenditures												0	0	1
Assets		335					870					335	870	132
Long-lived assets	[4]	29					41					29	41	60
Singapore [Member]
Segment Reporting Information [Line Items]
Loss on disposal or impairment of assets												(14)
Singapore [Member] \| Marina Bay Sands [Member]
Segment Reporting Information [Line Items]
Net revenues												3,849	2,516	1,370
Adjusted property EBITDA												1,861	1,056	448
Capital expenditures												584	348	148
Assets		6,387					6,067					6,387	6,067	5,326
Long-lived assets	[4]	$ 5,141					$ 4,891					5,141	4,891	4,741
United States [Member] \| Corporate and Other [Member]
Segment Reporting Information [Line Items]
Net revenues												224	107	83
Intersegment Eliminations [Member]
Segment Reporting Information [Line Items]
Net revenues	[5]											(260)	(140)	(116)
Intersegment Eliminations [Member] \| Macao [Member] \| Macao Operating Segments [Member]
Segment Reporting Information [Line Items]
Net revenues												(32)	(30)	(27)
Intersegment Eliminations [Member] \| Macao [Member] \| The Venetian Macao [Member]
Segment Reporting Information [Line Items]
Net revenues												(7)	(7)	(4)
Intersegment Eliminations [Member] \| Macao [Member] \| The Londoner Macao [Member]
Segment Reporting Information [Line Items]
Net revenues												0	0	(1)
Intersegment Eliminations [Member] \| Macao [Member] \| Ferry Operations and Other [Member]
Segment Reporting Information [Line Items]
Net revenues												(25)	(23)	(22)
Intersegment Eliminations [Member] \| Singapore [Member] \| Marina Bay Sands [Member]
Segment Reporting Information [Line Items]
Net revenues												(4)	(3)	(6)
Intersegment Eliminations [Member] \| United States [Member] \| Corporate and Other [Member]
Segment Reporting Information [Line Items]
Net revenues												(224)	(107)	(83)
Casino [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer												7,522	2,627	2,892
Net revenues												7,522	2,627	2,892
Casino [Member] \| Macao [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer												4,841	947	1,987
Casino [Member] \| Macao [Member] \| The Venetian Macao [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer												2,151	438	944
Casino [Member] \| Macao [Member] \| The Londoner Macao [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer												1,283	194	396
Casino [Member] \| Macao [Member] \| The Parisian Macao [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer												655	116	244
Casino [Member] \| Macao [Member] \| The Plaza Macao and Four Seasons Macao [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer												462	146	298
Casino [Member] \| Macao [Member] \| Sands Macao [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer												290	53	105
Casino [Member] \| Macao [Member] \| Ferry Operations and Other [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer												0	0	0
Casino [Member] \| Singapore [Member] \| Marina Bay Sands [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer												2,681	1,680	905
Casino [Member] \| United States [Member] \| Corporate and Other [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer												0	0	0
Casino [Member] \| Intersegment Eliminations [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer	[5]											0	0	0
Rooms [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer												1,204	469	415
Net revenues												1,204	469	415
Rooms [Member] \| Macao [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer												761	184	276
Rooms [Member] \| Macao [Member] \| The Venetian Macao [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer												191	55	77
Rooms [Member] \| Macao [Member] \| The Londoner Macao [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer												324	61	90
Rooms [Member] \| Macao [Member] \| The Parisian Macao [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer												135	33	54
Rooms [Member] \| Macao [Member] \| The Plaza Macao and Four Seasons Macao [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer												94	29	45
Rooms [Member] \| Macao [Member] \| Sands Macao [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer												17	6	10
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												443	285	139
Rooms [Member] \| United States [Member] \| Corporate and Other [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer												0	0	0
Rooms [Member] \| Intersegment Eliminations [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer	[5]											0	0	0
Food and Beverage [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer												584	301	199
Net revenues												584	301	199
Food and Beverage [Member] \| Macao [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer												240	67	93
Food and Beverage [Member] \| Macao [Member] \| The Venetian Macao [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer												63	17	24
Food and Beverage [Member] \| Macao [Member] \| The Londoner Macao [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer												86	26	30
Food and Beverage [Member] \| Macao [Member] \| The Parisian Macao [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer												49	10	17
Food and Beverage [Member] \| Macao [Member] \| The Plaza Macao and Four Seasons Macao [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer												30	10	17
Food and Beverage [Member] \| Macao [Member] \| Sands Macao [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer												12	4	5
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												344	234	106
Food and Beverage [Member] \| United States [Member] \| Corporate and Other [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer												0	0	0
Food and Beverage [Member] \| Intersegment Eliminations [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer	[5]											0	0	0
Mall [Member]
Segment Reporting Information [Line Items]
Net revenues												767	580	649
Mall [Member] \| Macao [Member]
Segment Reporting Information [Line Items]
Net revenues												514	355	475
Mall [Member] \| Macao [Member] \| The Venetian Macao [Member]
Segment Reporting Information [Line Items]
Net revenues												228	155	195
Mall [Member] \| Macao [Member] \| The Londoner Macao [Member]
Segment Reporting Information [Line Items]
Net revenues												66	47	56
Mall [Member] \| Macao [Member] \| The Parisian Macao [Member]
Segment Reporting Information [Line Items]
Net revenues												32	25	39
Mall [Member] \| Macao [Member] \| The Plaza Macao and Four Seasons Macao [Member]
Segment Reporting Information [Line Items]
Net revenues												187	127	184
Mall [Member] \| Macao [Member] \| Sands Macao [Member]
Segment Reporting Information [Line Items]
Net revenues												1	1	1
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												254	226	176
Mall [Member] \| United States [Member] \| Corporate and Other [Member]
Segment Reporting Information [Line Items]
Net revenues												0	0	0
Mall [Member] \| Intersegment Eliminations [Member]
Segment Reporting Information [Line Items]
Net revenues	[5]											(1)	(1)	(2)
Convention, Retail and Other [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer												295	133	79
Net revenues												295	133	79
Convention, Retail and Other [Member] \| Macao [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer												203	74	66
Convention, Retail and Other [Member] \| Macao [Member] \| The Venetian Macao [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer												49	17	16
Convention, Retail and Other [Member] \| Macao [Member] \| The Londoner Macao [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer												33	22	16
Convention, Retail and Other [Member] \| Macao [Member] \| The Parisian Macao [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer												8	4	3
Convention, Retail and Other [Member] \| Macao [Member] \| The Plaza Macao and Four Seasons Macao [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer												6	1	2
Convention, Retail and Other [Member] \| Macao [Member] \| Sands Macao [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer												2	1	1
Convention, Retail and Other [Member] \| Macao [Member] \| Ferry Operations and Other [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer												105	29	28
Convention, Retail and Other [Member] \| Singapore [Member] \| Marina Bay Sands [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer												127	91	44
Convention, Retail and Other [Member] \| United States [Member] \| Corporate and Other [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer												224	107	83
Convention, Retail and Other [Member] \| Intersegment Eliminations [Member]
Segment Reporting Information [Line Items]
Revenue from contract with customer	[5]											$ (259)	$ (139)	$ (114)

[1]During the first quarter of 2022, the Company closed the sale of the Las Vegas Operations and recorded a gain on the sale of $2.86 billion, net of tax. The Las Vegas Operations has been disclosed as a discontinued operation for all periods presented.[2] Consolidated adjusted property EBITDA, which is a non-GAAP financial measure, is net income (loss) from continuing operations 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 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. During the years ended December 31, 2023, 2022 and 2021, the Company recorded stock-based compensation expense of $72 million, $70 million and $27 million, respectively, of which $43 million, $37 million and $15 million, respectively, was included in corporate expense in the accompanying consolidated statements of operations. Long-lived assets include property and equipment, net of accumulated depreciation and amortization, and leasehold interests in land, net of accumulated amortization. Intercompany eliminations include royalties and other intercompany services.

Selected Quarterly Financial _3

Selected Quarterly Financial Results (Unaudited) (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended										12 Months Ended
	Dec. 31, 2023	Sep. 30, 2023	Jun. 30, 2023	Mar. 31, 2023		Dec. 31, 2022	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022		Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Quarterly Financial Information Disclosure [Abstract]
Net revenues	$ 2,915	$ 2,795	$ 2,542	$ 2,120	[1]	$ 1,117	$ 1,005	$ 1,045	$ 943	[1]	$ 10,372	$ 4,110	$ 4,234
Operating income	710	688	537	378	[1]	(166)	(177)	(147)	(302)	[1]	2,313	(792)	(689)
Net income (loss) from continuing operations						(269)	(380)	(414)	(478)	[1]	1,431	(1,541)	(1,469)
Income from discontinued operations, net of tax						(5)	(1)	(3)	2,907	[1]	0	2,898	193
Net income (loss)	469	449	368	145	[1]	(274)	(381)	(417)	2,429	[1]	1,431	1,357	(1,276)
Net income (loss) attributable to Las Vegas Sands Corp.	$ 382	$ 380	$ 312	$ 147	[1]	$ (169)	$ (239)	$ (290)	$ 2,530	[1]	$ 1,221	$ 1,832	$ (961)
Income (loss) from continuing operations, per basic share	$ 0.50	$ 0.50	$ 0.41	$ 0.19		$ (0.21)	$ (0.31)	$ (0.38)	$ (0.49)	[1]	$ 1.60	$ (1.40)	$ (1.51)
Income (loss) from continuing operations, per diluted share	$ 0.50	$ 0.50	$ 0.41	$ 0.19		(0.21)	(0.31)	(0.38)	(0.49)	[1]	1.60	(1.40)	(1.51)
Income (loss) from discontinued operations, net of tax, per basic share						(0.01)	0	0	3.80	[1]	0	3.80	0.25
Income (loss) from discontinued operations, net of tax, per diluted share						(0.01)	0	0	3.80	[1]	0	3.80	0.25
Basic earnings (loss) per share (in usd per share)						(0.22)	(0.31)	(0.38)	3.31	[1]	1.60	2.40	(1.26)
Diluted earnings (loss) per share (in usd per share)						$ (0.22)	$ (0.31)	$ (0.38)	$ 3.31		$ 1.60	$ 2.40	$ (1.26)
Gain on disposal of discontinued operations, net of tax											$ 0	$ 2,861	$ 0

[1]During the first quarter of 2022, the Company closed the sale of the Las Vegas Operations and recorded a gain on the sale of $2.86 billion, net of tax. The Las Vegas Operations has been disclosed as a discontinued operation for all periods presented.

Schedule II - Valuation and Q_2

Schedule II - Valuation and Qualifying Accounts (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
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	$ 217	$ 232	$ 255
Additions	4	15	3
Write-offs, net of recoveries	(20)	(30)	(26)
Balance at end of year	201	217	232
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	4,083	5,034	4,922
Additions	0	63	115
Deductions	(204)	(1,014)	(3)
Balance at end of year	$ 3,879	$ 4,083	$ 5,034