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Annual report pursuant to Section 13 and 15(d)

Goodwill and Other Intangible Assets (Tables)

v3.22.0.1
Goodwill and Other Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2021
Finite-Lived Intangible Assets [Line Items] Ìý
Goodwill

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​

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SiriusÌýXM Holdings

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Formula 1

ÌýÌýÌýÌý

Other

ÌýÌýÌýÌý

Total

Ìý

​

amounts in millions

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Balance at January 1, 2020

$

15,803

​

3,956

​

180

​

19,939

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Acquisitions (a)

​

235

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—

​

—

​

235

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Impairments

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(956)

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—

​

—

​

(956)

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Balance at DecemberÌý31, 2020

​

15,082

​

3,956

​

180

​

19,218

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Acquisitions (b)

​

30

​

—

​

—

​

30

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Balance at DecemberÌý31, 2021

$

15,112

​

3,956

​

180

​

19,248

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(a) See note 5 for details regarding SiriusXM Holdings’ acquisitions of Simplecast and Stitcher.
(b) Sirius XM Holdings recorded goodwill related to an acquisition in April 2021 and recorded adjustments to contingent consideration for the prior year acquisition of Stitcher.
Schedule of intangible assets subject to amortization

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DecemberÌý31,Ìý2021

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DecemberÌý31,Ìý2020

Ìý

​

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

Ìý

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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

Ìý

​

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amountsÌýinÌýmillions

Ìý

FIA Agreement

​

$

3,630

​

(936)

​

2,694

​

3,630

​

(742)

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2,888

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Customer relationships

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​

3,053

Ìý

(1,679)

Ìý

1,374

Ìý

3,053

Ìý

(1,389)

Ìý

1,664

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Licensing agreements

​

Ìý

355

Ìý

(243)

Ìý

112

Ìý

355

Ìý

(221)

Ìý

134

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Other

​

Ìý

1,933

Ìý

(1,316)

Ìý

617

Ìý

1,748

Ìý

(1,056)

Ìý

692

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Total

​

$

8,971

Ìý

(4,174)

Ìý

4,797

Ìý

8,786

Ìý

(3,408)

Ìý

5,378

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Schedule of future amortization expense

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​

​

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2022

ÌýÌýÌýÌý

$

743

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2023

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$

702

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2024

​

$

442

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2025

​

$

346

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2026

​

$

330

​