ÎçҹѰ»¨

Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets (Tables)

v3.19.3
Intangible Assets (Tables)
9 Months Ended
Sep. 30, 2019
Finite-Lived Intangible Assets [Line Items] Ìý
Goodwill

​

​

​

​

​

​

​

​

​

​

​

​

​

ÌýÌýÌýÌý

SIRIUSÌýXM Holdings

ÌýÌýÌýÌý

Formula 1

​

Other

ÌýÌýÌýÌý

Total

Ìý

​

​

amountsÌýinÌýmillions

​

Balance at JanuaryÌý1, 2019

​

$

14,250

Ìý

3,956

​

180

Ìý

18,386

​

Acquisition (a)

​

Ìý

1,566

Ìý

—

​

—

Ìý

1,566

​

Balance at September 30, 2019

​

$

15,816

Ìý

3,956

​

180

Ìý

19,952

​

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

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

September 30, 2019

​

December 31, 2018

​

​

ÌýÌýÌýÌý

Gross

ÌýÌýÌýÌý

​

ÌýÌýÌýÌý

Net

ÌýÌýÌýÌý

Gross

ÌýÌýÌýÌý

​

ÌýÌýÌýÌý

Net

Ìý

​

​

carrying

​

Accumulated

​

carrying

​

carrying

​

Accumulated

​

carrying

​

​

​

amount

​

amortization

​

amount

​

amount

​

amortization

​

amount

​

​

​

amountsÌýinÌýmillions

​

FIA Agreement

​

$

3,630

​

(494)

​

3,136

​

3,630

​

(346)

​

3,284

​

Customer relationships

​

​

3,086

​

(1,040)

​

2,046

Ìý

2,684

Ìý

(795)

Ìý

1,889

​

Licensing agreements

​

Ìý

316

​

(179)

​

137

Ìý

316

Ìý

(162)

Ìý

154

​

Other

​

Ìý

1,577

​

(817)

​

760

Ìý

1,047

Ìý

(659)

Ìý

388

​

Total

​

$

8,609

​

(2,530)

​

6,079

Ìý

7,677

Ìý

(1,962)

Ìý

5,715

​

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

​

​

​

​

​

​

Remainder of 2019

ÌýÌýÌýÌý

$

202

Ìý

2020

​

$

801

​

2021

​

$

664

​

2022

​

$

574

​

2023

​

$

536

​