10-Q Filing

SPHERE ENTERTAINMENT CO. CIK: 1795250 Q3 2023

Filing Information

Form Type	10-Q
Accession Number	`0001795250-23-000014`
Period End Date	20230331
Filing Date	20230510
Fiscal Year	2023
Fiscal Period	Q3
XBRL Instance	sphr-20230331_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 74 Income Statement 46 Cash Flow Statement 90 Stockholders Equity 68 Comprehensive Income 16

Balance Sheet 74 line items

Line Item	Tag	Value	Unit	Period
Cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsContinuingOperations`	$822.88M	USD	Point-in-time
Cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsContinuingOperations`	$327.25M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$188.01M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$214.44M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$135.67M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$145.84M	USD	Point-in-time
Current assets (Held for Sale) (c)	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$72.09M	USD	Point-in-time
Current assets (Held for Sale) (c)	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$502.57M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.22B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.19B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$3.69B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$2.85B	USD	Point-in-time
Right-of-use lease assets	`OperatingLeaseRightOfUseAsset`	$339.60M	USD	Point-in-time
Right-of-use lease assets	`OperatingLeaseRightOfUseAsset`	$337.31M	USD	Point-in-time
Goodwill	`Goodwill`	$498.82M	USD	Point-in-time
Goodwill	`Goodwill`	$498.82M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$82.49M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$86.46M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$248.25M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$173.30M	USD	Point-in-time
Non-current assets (Held for Sale)	`DisposalGroupIncludingDiscontinuedOperationAssetsNoncurrent`	$400.43M	USD	Point-in-time
Non-current assets (Held for Sale)	`DisposalGroupIncludingDiscontinuedOperationAssetsNoncurrent`	-	USD	Point-in-time
Total assets	`Assets`	$5.57B	USD	Point-in-time
Total assets	`Assets`	$6.05B	USD	Point-in-time
Accounts payable, accrued and other current liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$699.77M	USD	Point-in-time
Accounts payable, accrued and other current liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$529.08M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$98.75M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$74.76M	USD	Point-in-time
Operating lease liabilities, current	`OperatingLeaseLiabilityCurrent`	$45.56M	USD	Point-in-time
Operating lease liabilities, current	`OperatingLeaseLiabilityCurrent`	$46.09M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$208.90M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$265.61M	USD	Point-in-time
Current liabilities (Held for Sale)	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$289.82M	USD	Point-in-time
Current liabilities (Held for Sale)	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$102.80M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$961.10M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.40B	USD	Point-in-time
Long-term debt, net of deferred financing costs	`LongTermDebtNoncurrent`	$1.78B	USD	Point-in-time
Long-term debt, net of deferred financing costs	`LongTermDebtNoncurrent`	$1.58B	USD	Point-in-time
Operating lease liabilities, non-current	`OperatingLeaseLiabilityNoncurrent`	$338.53M	USD	Point-in-time
Operating lease liabilities, non-current	`OperatingLeaseLiabilityNoncurrent`	$342.63M	USD	Point-in-time
Deferred tax liabilities, net	`DeferredIncomeTaxLiabilitiesNet`	$209.74M	USD	Point-in-time
Deferred tax liabilities, net	`DeferredIncomeTaxLiabilitiesNet`	$209.91M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$142.53M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$144.10M	USD	Point-in-time
Non-current liabilities held for sale	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationNoncurrent`	-	USD	Point-in-time
Non-current liabilities held for sale	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationNoncurrent`	$170.96M	USD	Point-in-time
Total liabilities	`Liabilities`	$3.41B	USD	Point-in-time
Total liabilities	`Liabilities`	$3.88B	USD	Point-in-time
Commitments and contingencies (see Note 9)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (see Note 9)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Redeemable noncontrolling interests (Held for Sale)	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$138.81M	USD	Point-in-time
Redeemable noncontrolling interests (Held for Sale)	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$190.22M	USD	Point-in-time
Redeemable noncontrolling interests (Held for Sale)	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$184.19M	USD	Point-in-time
Redeemable noncontrolling interests (Held for Sale)	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$137.83M	USD	Point-in-time
Redeemable noncontrolling interests (Held for Sale)	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$142.00M	USD	Point-in-time
Redeemable noncontrolling interests (Held for Sale)	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$137.78M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$2.30B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$2.39B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-324.76M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-290.74M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-46.44M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-48.35M	USD	Point-in-time
Total Sphere Entertainment Co. stockholders equity	`StockholdersEquity`	$2.02B	USD	Point-in-time
Total Sphere Entertainment Co. stockholders equity	`StockholdersEquity`	$1.96B	USD	Point-in-time
Nonredeemable noncontrolling interests (Held for Sale)	`MinorityInterest`	$13.43M	USD	Point-in-time
Nonredeemable noncontrolling interests (Held for Sale)	`MinorityInterest`	$12.16M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.02B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.13B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.12B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.03B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.98B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.18B	USD	Point-in-time
Total liabilities, redeemable noncontrolling interests and equity	`LiabilitiesAndStockholdersEquity`	$6.05B	USD	Point-in-time
Total liabilities, redeemable noncontrolling interests and equity	`LiabilitiesAndStockholdersEquity`	$5.57B	USD	Point-in-time

Income Statement 46 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	$928.44M	USD	3 Qtrs
Revenues	`Revenues`	$363.30M	USD	1 Quarter
Revenues	`Revenues`	$352.53M	USD	1 Quarter
Revenues	`Revenues`	$1.14B	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$89.23M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$88.60M	USD	3 Qtrs
Restructuring charges	`RestructuringCharges`	$14.69M	USD	1 Quarter
Restructuring charges	`RestructuringCharges`	$20.50M	USD	1 Quarter
Restructuring charges	`RestructuringCharges`	$34.18M	USD	3 Qtrs
Restructuring charges	`RestructuringCharges`	$14.69M	USD	3 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-32.30M	USD	3 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$4.99M	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$1.94M	USD	3 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-10.05M	USD	1 Quarter
(Loss) income from discontinued operations, net of taxes	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$20.40M	USD	3 Qtrs
(Loss) income from discontinued operations, net of taxes	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$985.00K	USD	1 Quarter
(Loss) income from discontinued operations, net of taxes	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-4.58M	USD	1 Quarter
(Loss) income from discontinued operations, net of taxes	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$7.55M	USD	3 Qtrs
Net loss	`ProfitLoss`	$-19.31M	USD	1 Quarter
Net loss	`ProfitLoss`	$-32.04M	USD	3 Qtrs
Net loss	`ProfitLoss`	$-58.55M	USD	1 Quarter
Net loss	`ProfitLoss`	$-90.94M	USD	3 Qtrs
Less: Net (loss) income attributable to redeemable noncontrolling interests from discontinued operations	`NetIncomeLossAttributableToRedeemableNoncontrollingInterest`	$-442.00K	USD	1 Quarter
Less: Net (loss) income attributable to redeemable noncontrolling interests from discontinued operations	`NetIncomeLossAttributableToRedeemableNoncontrollingInterest`	$-1.49M	USD	1 Quarter
Less: Net (loss) income attributable to redeemable noncontrolling interests from discontinued operations	`NetIncomeLossAttributableToRedeemableNoncontrollingInterest`	$4.41M	USD	3 Qtrs
Less: Net (loss) income attributable to redeemable noncontrolling interests from discontinued operations	`NetIncomeLossAttributableToRedeemableNoncontrollingInterest`	$2.66M	USD	3 Qtrs
Net loss attributable to Sphere Entertainment Co.s stockholders	`NetIncomeLoss`	$-17.49M	USD	1 Quarter
Net loss attributable to Sphere Entertainment Co.s stockholders	`NetIncomeLoss`	$-56.85M	USD	1 Quarter
Net loss attributable to Sphere Entertainment Co.s stockholders	`NetIncomeLoss`	$-34.02M	USD	3 Qtrs
Net loss attributable to Sphere Entertainment Co.s stockholders	`NetIncomeLoss`	$-94.45M	USD	3 Qtrs
Earnings per share, basic (in dollars per share)	`EarningsPerShareBasic`	$-1.64	USD	1 Quarter
Earnings per share, basic (in dollars per share)	`EarningsPerShareBasic`	$-0.51	USD	1 Quarter
Earnings per share, basic (in dollars per share)	`EarningsPerShareBasic`	$-2.76	USD	3 Qtrs
Earnings per share, basic (in dollars per share)	`EarningsPerShareBasic`	$-0.98	USD	3 Qtrs
Earnings per share, diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.51	USD	1 Quarter
Earnings per share, diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.98	USD	3 Qtrs
Earnings per share, diluted (in dollars per share)	`EarningsPerShareDiluted`	$-1.64	USD	1 Quarter
Earnings per share, diluted (in dollars per share)	`EarningsPerShareDiluted`	$-2.76	USD	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	34.32M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	34.73M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	34.23M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	34.60M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	34.23M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	34.60M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	34.73M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	34.32M	shares	1 Quarter

Cash Flow Statement 90 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-19.31M	USD	1 Quarter
Net loss	`ProfitLoss`	$-32.04M	USD	3 Qtrs
Net loss	`ProfitLoss`	$-58.55M	USD	1 Quarter
Net loss	`ProfitLoss`	$-90.94M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$89.23M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$88.60M	USD	3 Qtrs
Impairment and other gains, net	`GainLossOnSalesOfAssetsAndAssetImpairmentCharges`	$5.48M	USD	3 Qtrs
Impairment and other gains, net	`GainLossOnSalesOfAssetsAndAssetImpairmentCharges`	$7.83M	USD	3 Qtrs
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$6.55M	USD	3 Qtrs
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$4.19M	USD	3 Qtrs
Benefit from deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-11.87M	USD	3 Qtrs
Benefit from deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-5.03M	USD	3 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$56.09M	USD	3 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$62.32M	USD	3 Qtrs
Amortization of right-of-use assets	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$19.45M	USD	3 Qtrs
Amortization of right-of-use assets	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$23.71M	USD	3 Qtrs
Net unrealized (gains) loss on equity investments with and without readily determinable fair value	`EquitySecuritiesFvNiUnrealizedGainLoss`	$6.28M	USD	3 Qtrs
Net unrealized (gains) loss on equity investments with and without readily determinable fair value	`EquitySecuritiesFvNiUnrealizedGainLoss`	$-28.30M	USD	3 Qtrs
Other non-cash adjustments	`OtherNoncashIncomeExpense`	$-6.43M	USD	3 Qtrs
Other non-cash adjustments	`OtherNoncashIncomeExpense`	$-5.59M	USD	3 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$24.08M	USD	3 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$64.50M	USD	3 Qtrs
Prepaid expenses and other current and non-current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$69.48M	USD	3 Qtrs
Prepaid expenses and other current and non-current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$22.79M	USD	3 Qtrs
Accounts payable, accrued and other current and non-current liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$31.93M	USD	3 Qtrs
Accounts payable, accrued and other current and non-current liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$68.65M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredLiabilities`	$54.20M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredLiabilities`	$53.69M	USD	3 Qtrs
Right-of-use lease assets and operating lease liabilities	`IncreaseDecreaseInRightOfUseAssetsAndLiabilities`	$-19.43M	USD	3 Qtrs
Right-of-use lease assets and operating lease liabilities	`IncreaseDecreaseInRightOfUseAssetsAndLiabilities`	$4.84M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$106.20M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$137.82M	USD	3 Qtrs
Capital expenditures, net	`PaymentsForProceedsFromProductiveAssets`	$516.49M	USD	3 Qtrs
Capital expenditures, net	`PaymentsForProceedsFromProductiveAssets`	$764.51M	USD	3 Qtrs
Capitalized interest	`InterestPaidCapitalized`	$12.27M	USD	1 Quarter
Capitalized interest	`InterestPaidCapitalized`	$88.45M	USD	3 Qtrs
Capitalized interest	`InterestPaidCapitalized`	$38.12M	USD	1 Quarter
Capitalized interest	`InterestPaidCapitalized`	$32.20M	USD	3 Qtrs
Investments in nonconsolidated affiliates	`PaymentsToAcquireEquityMethodInvestments`	$7.75M	USD	3 Qtrs
Investments in nonconsolidated affiliates	`PaymentsToAcquireEquityMethodInvestments`	-	USD	3 Qtrs
Proceeds from dispositions, net	`ProceedsFromSaleAndMaturityOfOtherInvestments`	-	USD	3 Qtrs
Proceeds from dispositions, net	`ProceedsFromSaleAndMaturityOfOtherInvestments`	$29.10M	USD	3 Qtrs
Proceeds from sale of equity securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	-	USD	3 Qtrs
Proceeds from sale of equity securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$4.37M	USD	3 Qtrs
Distributions from equity method investments	`ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital`	$770.00K	USD	3 Qtrs
Distributions from equity method investments	`ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital`	$1.76M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-547.93M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-825.48M	USD	3 Qtrs
Proceeds from issuance of debt	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	3 Qtrs
Proceeds from issuance of debt	`ProceedsFromIssuanceOfLongTermDebt`	$275.17M	USD	3 Qtrs
Taxes paid in lieu of shares issued for equity-based compensation	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$14.98M	USD	3 Qtrs
Taxes paid in lieu of shares issued for equity-based compensation	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$15.65M	USD	3 Qtrs
Noncontrolling interest holders capital contributions	`ProceedsFromContributedCapital`	$2.03M	USD	3 Qtrs
Noncontrolling interest holders capital contributions	`ProceedsFromContributedCapital`	$3.00M	USD	3 Qtrs
Distributions to noncontrolling interest holders	`ProceedsFromPaymentsToMinorityShareholders`	-	USD	3 Qtrs
Distributions to noncontrolling interest holders	`ProceedsFromPaymentsToMinorityShareholders`	$-1.72M	USD	3 Qtrs
Distributions to related parties associated with the settlement of certain share-based awards	`PaymentToRelatedPartiesForShareBasedAwardSettlement`	$2.26M	USD	3 Qtrs
Distributions to related parties associated with the settlement of certain share-based awards	`PaymentToRelatedPartiesForShareBasedAwardSettlement`	$2.39M	USD	3 Qtrs
Put option payments to redeemable noncontrolling interest holders	`PaymentsForRepurchaseOfRedeemableNoncontrollingInterest`	$895.00K	USD	3 Qtrs
Put option payments to redeemable noncontrolling interest holders	`PaymentsForRepurchaseOfRedeemableNoncontrollingInterest`	-	USD	3 Qtrs
Repayments of revolving credit facility	`RepaymentsOfLongTermLinesOfCredit`	$15.00M	USD	3 Qtrs
Repayments of revolving credit facility	`RepaymentsOfLongTermLinesOfCredit`	$2.00M	USD	3 Qtrs
Principal repayments on long-term debt	`RepaymentsOfOtherLongTermDebt`	$52.25M	USD	3 Qtrs
Principal repayments on long-term debt	`RepaymentsOfOtherLongTermDebt`	$45.75M	USD	3 Qtrs
Payments for financing costs	`PaymentsOfFinancingCosts`	-	USD	3 Qtrs
Payments for financing costs	`PaymentsOfFinancingCosts`	$5.13M	USD	3 Qtrs
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	-	USD	3 Qtrs
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$788.00K	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$200.49M	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-77.52M	USD	3 Qtrs
Effect of exchange rates on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$22.00K	USD	3 Qtrs
Effect of exchange rates on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-729.00K	USD	3 Qtrs
Net decrease in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-487.90M	USD	3 Qtrs
Net decrease in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-519.22M	USD	3 Qtrs
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$846.01M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.02B	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$358.11M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.54B	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$846.01M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.02B	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$358.11M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.54B	USD	Point-in-time
Investments to nonconsolidated affiliates	`NoncashOrPartNoncashAcquisitionInvestmentsAcquired1`	$731.00K	USD	3 Qtrs
Investments to nonconsolidated affiliates	`NoncashOrPartNoncashAcquisitionInvestmentsAcquired1`	$12.86M	USD	3 Qtrs
Capital expenditures incurred but not yet paid	`CapitalExpendituresIncurredButNotYetPaid`	$104.00M	USD	3 Qtrs
Capital expenditures incurred but not yet paid	`CapitalExpendituresIncurredButNotYetPaid`	$206.46M	USD	Point-in-time
Capital expenditures incurred but not yet paid	`CapitalExpendituresIncurredButNotYetPaid`	$83.79M	USD	3 Qtrs
Capital expenditures incurred but not yet paid	`CapitalExpendituresIncurredButNotYetPaid`	$307.37M	USD	Point-in-time
Share-based compensation capitalized in property and equipment	`EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount`	$2.89M	USD	3 Qtrs
Share-based compensation capitalized in property and equipment	`EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount`	$2.26M	USD	3 Qtrs

Stockholders Equity 68 line items

Line Item	Tag	Value	Unit	Period
Balance at the beginning of the period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.02B	USD	Point-in-time
Balance at the beginning of the period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.13B	USD	Point-in-time
Balance at the beginning of the period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.12B	USD	Point-in-time
Balance at the beginning of the period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.03B	USD	Point-in-time
Balance at the beginning of the period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.98B	USD	Point-in-time
Balance at the beginning of the period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.18B	USD	Point-in-time
Net loss	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$-57.06M	USD	1 Quarter
Net loss	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$-18.86M	USD	1 Quarter
Net loss	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$-34.70M	USD	3 Qtrs
Net loss	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$-95.35M	USD	3 Qtrs
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$1.92M	USD	3 Qtrs
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$2.12M	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$-6.74M	USD	3 Qtrs
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$-4.38M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$57.01M	USD	3 Qtrs
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$20.71M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$18.54M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$62.82M	USD	3 Qtrs
Put option payments to redeemable noncontrolling interest holders	`AdjustmentsToAdditionalPaidInCapitalAccretionToRedemptionValue`	$-50.05M	USD	1 Quarter
Put option payments to redeemable noncontrolling interest holders	`AdjustmentsToAdditionalPaidInCapitalAccretionToRedemptionValue`	$6.18M	USD	3 Qtrs
Put option payments to redeemable noncontrolling interest holders	`AdjustmentsToAdditionalPaidInCapitalAccretionToRedemptionValue`	$-50.05M	USD	3 Qtrs
Tax withholding associated with shares issued for equity-based compensation	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$15.65M	USD	3 Qtrs
Tax withholding associated with shares issued for equity-based compensation	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$14.98M	USD	3 Qtrs
Tax withholding associated with shares issued for equity-based compensation	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$412.00K	USD	1 Quarter
BCE disposition	`GainLossOnSaleOfBusiness`	$667.00K	USD	3 Qtrs
Accretion of put options and adjustments	`AccretionOfPutOptionsAndAdjustmentsValue`	$-895.00K	USD	3 Qtrs
Contributions	`NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance`	$1.00M	USD	1 Quarter
Contributions	`NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance`	$5.40M	USD	3 Qtrs
Contributions	`NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance`	$723.00K	USD	1 Quarter
Contributions	`NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance`	$3.00M	USD	3 Qtrs
Distributions	`DistributedEarnings`	$3.09M	USD	3 Qtrs
Distributions	`DistributedEarnings`	$3.46M	USD	3 Qtrs
Distributions	`DistributedEarnings`	$1.80M	USD	1 Quarter
Distributions	`DistributedEarnings`	$1.75M	USD	1 Quarter
Balance at the end of the period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.02B	USD	Point-in-time
Balance at the end of the period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.13B	USD	Point-in-time
Balance at the end of the period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.12B	USD	Point-in-time
Balance at the end of the period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.03B	USD	Point-in-time
Balance at the end of the period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.98B	USD	Point-in-time
Balance at the end of the period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.18B	USD	Point-in-time
Balance at the beginning of the period	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$138.81M	USD	Point-in-time
Balance at the beginning of the period	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$190.22M	USD	Point-in-time
Balance at the beginning of the period	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$184.19M	USD	Point-in-time
Balance at the beginning of the period	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$137.83M	USD	Point-in-time
Balance at the beginning of the period	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$142.00M	USD	Point-in-time
Balance at the beginning of the period	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$137.78M	USD	Point-in-time
Less: Net (loss) income attributable to redeemable noncontrolling interests from discontinued operations	`NetIncomeLossAttributableToRedeemableNoncontrollingInterest`	$-442.00K	USD	1 Quarter
Less: Net (loss) income attributable to redeemable noncontrolling interests from discontinued operations	`NetIncomeLossAttributableToRedeemableNoncontrollingInterest`	$-1.49M	USD	1 Quarter
Less: Net (loss) income attributable to redeemable noncontrolling interests from discontinued operations	`NetIncomeLossAttributableToRedeemableNoncontrollingInterest`	$4.41M	USD	3 Qtrs
Less: Net (loss) income attributable to redeemable noncontrolling interests from discontinued operations	`NetIncomeLossAttributableToRedeemableNoncontrollingInterest`	$2.66M	USD	3 Qtrs
Redeemable noncontrolling interest adjustment to redemption fair value	`TemporaryEquityAccretionToRedemptionValueAdjustment`	$50.05M	USD	3 Qtrs
Redeemable noncontrolling interest adjustment to redemption fair value	`TemporaryEquityAccretionToRedemptionValueAdjustment`	$-66.00K	USD	3 Qtrs
Redeemable noncontrolling interest adjustment to redemption fair value	`TemporaryEquityAccretionToRedemptionValueAdjustment`	$50.05M	USD	1 Quarter
Noncontrolling interest non-cash acquisition attributable to redeemable noncontrolling interests	`TemporaryEquityStockIssuedDuringPeriodValueNewIssues`	$2.66M	USD	3 Qtrs
Noncontrolling interest non-cash acquisition attributable to redeemable noncontrolling interests	`TemporaryEquityStockIssuedDuringPeriodValueNewIssues`	$587.00K	USD	1 Quarter
Noncontrolling interest non-cash acquisition attributable to redeemable noncontrolling interests	`TemporaryEquityStockIssuedDuringPeriodValueNewIssues`	$587.00K	USD	1 Quarter
Noncontrolling interest non-cash acquisition attributable to redeemable noncontrolling interests	`TemporaryEquityStockIssuedDuringPeriodValueNewIssues`	$1.76M	USD	3 Qtrs
Put option payments to redeemable noncontrolling interest holders	`TemporaryEquityPutOptionPaymentsToRedeemableNoncontrollingInterestHolders`	$895.00K	USD	1 Quarter
Noncontrolling interest, decrease from distributions to noncontrolling interest holders	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$3.48M	USD	1 Quarter
Noncontrolling interest, decrease from distributions to noncontrolling interest holders	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$460.00K	USD	1 Quarter
Noncontrolling interest, decrease from distributions to noncontrolling interest holders	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$5.40M	USD	3 Qtrs
Noncontrolling interest, decrease from distributions to noncontrolling interest holders	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$652.00K	USD	3 Qtrs
Balance at the end of the period	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$138.81M	USD	Point-in-time
Balance at the end of the period	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$190.22M	USD	Point-in-time
Balance at the end of the period	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$184.19M	USD	Point-in-time
Balance at the end of the period	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$137.83M	USD	Point-in-time
Balance at the end of the period	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$142.00M	USD	Point-in-time
Balance at the end of the period	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$137.78M	USD	Point-in-time

Comprehensive Income 16 line items

Line Item	Tag	Value	Unit	Period
Other comprehensive income (loss), net of income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$1.92M	USD	3 Qtrs
Other comprehensive income (loss), net of income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$2.12M	USD	1 Quarter
Other comprehensive income (loss), net of income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-6.74M	USD	3 Qtrs
Other comprehensive income (loss), net of income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-4.38M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-30.12M	USD	3 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-56.43M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-97.68M	USD	3 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-23.68M	USD	1 Quarter
Less: Net (loss) income attributable to redeemable noncontrolling interests from discontinued operations	`NetIncomeLossAttributableToRedeemableNoncontrollingInterest`	$-442.00K	USD	1 Quarter
Less: Net (loss) income attributable to redeemable noncontrolling interests from discontinued operations	`NetIncomeLossAttributableToRedeemableNoncontrollingInterest`	$-1.49M	USD	1 Quarter
Less: Net (loss) income attributable to redeemable noncontrolling interests from discontinued operations	`NetIncomeLossAttributableToRedeemableNoncontrollingInterest`	$4.41M	USD	3 Qtrs
Less: Net (loss) income attributable to redeemable noncontrolling interests from discontinued operations	`NetIncomeLossAttributableToRedeemableNoncontrollingInterest`	$2.66M	USD	3 Qtrs
Comprehensive loss attributable to Sphere Entertainment Co.s stockholders	`ComprehensiveIncomeNetOfTax`	$-32.10M	USD	3 Qtrs
Comprehensive loss attributable to Sphere Entertainment Co.s stockholders	`ComprehensiveIncomeNetOfTax`	$-21.87M	USD	1 Quarter
Comprehensive loss attributable to Sphere Entertainment Co.s stockholders	`ComprehensiveIncomeNetOfTax`	$-101.19M	USD	3 Qtrs
Comprehensive loss attributable to Sphere Entertainment Co.s stockholders	`ComprehensiveIncomeNetOfTax`	$-54.72M	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.