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CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) (Parenthetical) - USD ($) $ in Millions | Jun. 30, 2025 | Dec. 31, 2024
--- | --- | ---
Current assets: |  |  |
Accounts receivable, allowance for doubtful accounts |  | $ 17 | $ 16
Stockholders' equity: |  |  |
Preferred stock, par value |  | $ 0.01 | $ 0.01
Preferred stock, shares authorized |  | 200,000 | 200,000
Preferred stock, shares issued |  | 0 | 0
Preferred stock, shares outstanding |  | 0 | 0
Common stock, par value |  | $ 0.01 | $ 0.01
Common stock, shares authorized |  | 100,000,000 | 100,000,000
Common stock, shares issued |  | 47,282,823 | 47,282,823
Common stock, shares outstanding |  | 30,315,298 | 30,621,241
Treasury Stock, Shares |  | 16,967,525 | 16,661,582
ASSETS |  |  |
Total assets | [1] | $ 11,328 | $ 11,468
LIABILITIES AND STOCKHOLDERS' EQUITY |  |  |
Total liabilities | [1] | 9,072 | 9,200
Non Guarantor VIEs [Member] |  |  |
ASSETS |  |  |
Total assets |  | 297 | 297
LIABILITIES AND STOCKHOLDERS' EQUITY |  |  |
Total liabilities |  | $ 150 | $ 148
[1] | The condensed consolidated total assets as of June 30, 2025 and December 31, 2024 include certain assets held by consolidated VIEs of $297 million and $297 million, respectively, which are not available to be used to settle the obligations of Nexstar. The condensed consolidated total liabilities as of June 30, 2025 and December 31, 2024 include certain liabilities of consolidated VIEs of $150 million and $148 million, respectively, for which the creditors of the VIEs have no recourse to the general credit of Nexstar. See Note 2 for additional information.

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