Â鶹×îгöÆ·

Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets (Tables)

v3.20.2
Intangible Assets (Tables)
6 Months Ended
Jun. 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 June 30, 2020

​

$

15,820

Ìý

3,956

​

180

Ìý

19,956

​

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

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

June 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

​

(643)

​

2,987

​

3,630

​

(543)

​

3,087

​

Customer relationships

​

​

3,086

​

(1,278)

​

1,808

Ìý

3,086

Ìý

(1,123)

Ìý

1,963

​

Licensing agreements

​

Ìý

315

​

(195)

​

120

Ìý

316

Ìý

(185)

Ìý

131

​

Other

​

Ìý

1,727

​

(989)

​

738

Ìý

1,636

Ìý

(877)

Ìý

759

​

Total

​

$

8,758

​

(3,105)

​

5,653

Ìý

8,668

Ìý

(2,728)

Ìý

5,940

​

Schedule of future amortization expense Based on its amortizable intangible assets as of June 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

$

407

Ìý

2021

​

$

760

​

2022

​

$

642

​

2023

​

$

521

​

2024

​

$

402

​