Â鶹×îгöÆ·

Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets (Tables)

v3.21.1
Intangible Assets (Tables)
3 Months Ended
Mar. 31, 2021
Finite-Lived Intangible Assets [Line Items] Ìý
Goodwill

​

​

​

​

​

​

​

​

​

​

​

​

​

ÌýÌýÌýÌý

SiriusÌýXM Holdings

ÌýÌýÌýÌý

Formula 1

​

Other

ÌýÌýÌýÌý

Total

Ìý

​

​

amountsÌýinÌýmillions

​

Balance at JanuaryÌý1, 2020

​

$

15,082

​

3,956

​

180

​

19,218

​

Acquisition (a)

​

Ìý

6

Ìý

—

​

—

Ìý

6

​

Balance at March 31, 2021

​

$

15,088

Ìý

3,956

​

180

Ìý

19,224

​

(a) During the three months ended March 31, 2021, Sirius XM Holdings recorded additional goodwill related to adjustments to contingent consideration for the prior year acquisition of Stitcher.
Schedule of intangible assets subject to amortization

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

March 31, 2021

​

December 31, 2020

​

​

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

​

(791)

​

2,839

​

3,630

​

(742)

​

2,888

​

Customer relationships

​

​

3,053

​

(1,461)

​

1,592

Ìý

3,053

Ìý

(1,389)

Ìý

1,664

​

Licensing agreements

​

Ìý

356

​

(226)

​

130

Ìý

355

Ìý

(221)

Ìý

134

​

Other

​

Ìý

1,799

​

(1,128)

​

671

Ìý

1,748

Ìý

(1,056)

Ìý

692

​

Total

​

$

8,838

​

(3,606)

​

5,232

Ìý

8,786

Ìý

(3,408)

Ìý

5,378

​

Schedule of future amortization expense Based on its amortizable intangible assets as of March 31, 2021, Â鶹×îгöÆ· expects that amortization expense will be as follows for the next five years (amounts in millions):

​

​

​

​

​

​

Remainder of 2021

ÌýÌýÌýÌý

$

604

Ìý

2022

​

$

763

​

2023

​

$

544

​

2024

​

$

404

​

2025

​

$

350

​