Â鶹×îгöÆ·

Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets (Tables)

v3.20.2
Intangible Assets (Tables)
9 Months Ended
Sep. 30, 2020
Finite-Lived Intangible Assets [Line Items] Ìý
Goodwill

​

​

​

​

​

​

​

​

​

​

​

​

​

ÌýÌýÌýÌý

SiriusÌýXM Holdings

ÌýÌýÌýÌý

Formula 1

​

Other

ÌýÌýÌýÌý

Total

Ìý

​

​

amountsÌýinÌýmillions

​

Balance at JanuaryÌý1, 2020

​

$

15,803

Ìý

3,956

​

180

Ìý

19,939

​

Acquisition (a)

​

Ìý

17

Ìý

—

​

—

Ìý

17

​

Balance at September 30, 2020

​

$

15,820

Ìý

3,956

​

180

Ìý

19,956

​

(a) See note 3 for additional information regarding Sirius XM Holdings’ acquisition of Simplecast.
Schedule of intangible assets subject to amortization

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

September 30, 2020

​

December 31, 2019

​

​

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

​

(692)

​

2,938

​

3,630

​

(543)

​

3,087

​

Customer relationships

​

​

3,086

​

(1,355)

​

1,731

Ìý

3,086

Ìý

(1,123)

Ìý

1,963

​

Licensing agreements

​

Ìý

315

​

(200)

​

115

Ìý

316

Ìý

(185)

Ìý

131

​

Other

​

Ìý

1,767

​

(1,062)

​

705

Ìý

1,636

Ìý

(877)

Ìý

759

​

Total

​

$

8,798

​

(3,309)

​

5,489

Ìý

8,668

Ìý

(2,728)

Ìý

5,940

​

Schedule of future amortization expense Based on its amortizable intangible assets as of September 30, 2020, Â鶹×îгöÆ· expects that amortization expense will be as follows for the next five years (amounts in millions):

​

​

​

​

​

​

Remainder of 2020

ÌýÌýÌýÌý

$

201

Ìý

2021

​

$

752

​

2022

​

$

658

​

2023

​

$

526

​

2024

​

$

407

​