ÎçҹѰ»¨

Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets (Tables)

v3.19.2
Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2019
Finite-Lived Intangible Assets [Line Items] Ìý
Goodwill

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​

​

​

​

​

​

​

​

​

ÌýÌýÌýÌý

SIRIUSÌýXM Holdings

ÌýÌýÌýÌý

Formula 1

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Other

ÌýÌýÌýÌý

Total

Ìý

​

​

amountsÌýinÌýmillions

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Balance at JanuaryÌý1, 2019

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$

14,250

Ìý

3,956

​

180

Ìý

18,386

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Acquisition (a)

​

Ìý

1,562

Ìý

—

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—

Ìý

1,562

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Balance at June 30, 2019

​

$

15,812

Ìý

3,956

​

180

Ìý

19,948

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(a) See note 3 for details regarding SIRIUS XM Holdings’ acquisition of Pandora.
Schedule of intangible assets subject to amortization

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June 30, 2019

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December 31, 2018

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​

ÌýÌýÌýÌý

Gross

ÌýÌýÌýÌý

​

ÌýÌýÌýÌý

Net

ÌýÌýÌýÌý

Gross

ÌýÌýÌýÌý

​

ÌýÌýÌýÌý

Net

Ìý

​

​

carrying

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Accumulated

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carrying

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carrying

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Accumulated

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carrying

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amount

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amortization

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amount

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amount

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amortization

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amount

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amountsÌýinÌýmillions

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FIA Agreement

​

$

3,630

​

(445)

​

3,185

​

3,630

​

(346)

​

3,284

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Customer relationships

​

​

3,086

​

(957)

​

2,129

Ìý

2,684

Ìý

(795)

Ìý

1,889

​

Licensing agreements

​

Ìý

316

​

(173)

​

143

Ìý

316

Ìý

(162)

Ìý

154

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Other

​

Ìý

1,531

​

(766)

​

765

Ìý

1,047

Ìý

(659)

Ìý

388

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Total

​

$

8,563

​

(2,341)

​

6,222

Ìý

7,677

Ìý

(1,962)

Ìý

5,715

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Schedule of future amortization expense Based on its amortizable intangible assets as of June 30, 2019, ÎçҹѰ»¨ expects that amortization expense will be as follows for the next five years (amounts in millions):

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​

​

​

​

​

Remainder of 2019

ÌýÌýÌýÌý

$

432

Ìý

2020

​

$

805

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2021

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$

614

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2022

​

$

577

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2023

​

$

539

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​