| Schedule of balance sheet and income statement of discontinued operations |
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ÌýÌýÌýÌý |
December 31, 2023 |
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amountsÌýinÌýmillions |
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Assets |
​ |
​ |
​ |
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Current assets |
​ |
$ |
1,361 |
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Investments in affiliates, accounted for using the equity method |
​ |
Ìý |
715 |
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Property and equipment, net |
​ |
Ìý |
1,245 |
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Intangible assets not subject to amortization |
​ |
​ |
25,051 |
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Intangible assets subject to amortization, net |
​ |
Ìý |
1,014 |
​ |
Other assets |
​ |
Ìý |
515 |
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Total assets |
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$ |
29,901 |
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​ |
​ |
​ |
​ |
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Liabilities |
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​ |
​ |
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Accounts payable and accrued liabilities |
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$ |
1,536 |
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Current portion of debt |
​ |
​ |
1,074 |
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Other current liabilities |
​ |
Ìý |
1,266 |
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Long-term debt |
​ |
Ìý |
10,063 |
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Deferred income tax liabilities |
​ |
Ìý |
2,245 |
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Other liabilities |
​ |
Ìý |
526 |
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Total liabilities |
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$ |
16,710 |
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Three months ended |
ÌýÌýÌýÌý |
Nine months ended |
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September 30, |
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September 30, |
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ÌýÌýÌýÌý |
2024 |
ÌýÌýÌýÌý |
2023 |
ÌýÌýÌýÌý |
2024 |
ÌýÌýÌýÌý |
2023 |
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|
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amountsÌýinÌýmillions |
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Revenue |
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$ |
1,664 |
Ìý |
2,271 |
Ìý |
6,004 |
Ìý |
6,665 |
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Cost of Sirius XM Holdings services (exclusive of depreciation shown separately below) |
​ |
​ |
792 |
​ |
1,057 |
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2,852 |
​ |
3,144 |
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Operating expense |
​ |
Ìý |
122 |
Ìý |
159 |
Ìý |
461 |
Ìý |
504 |
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Selling, general and administrative |
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Ìý |
297 |
Ìý |
376 |
Ìý |
1,030 |
Ìý |
1,148 |
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Impairment, restructuring and acquisition costs |
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​ |
3,322 |
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6 |
​ |
3,339 |
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56 |
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Depreciation and amortization |
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Ìý |
110 |
Ìý |
145 |
Ìý |
421 |
Ìý |
460 |
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​ |
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Ìý |
4,643 |
Ìý |
1,743 |
Ìý |
8,103 |
Ìý |
5,312 |
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Operating income (loss) |
​ |
Ìý |
(2,979) |
Ìý |
528 |
Ìý |
(2,099) |
Ìý |
1,353 |
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Other income (expense): |
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​ |
​ |
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​ |
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​ |
​ |
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Interest expense |
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Ìý |
(94) |
Ìý |
(134) |
Ìý |
(349) |
Ìý |
(404) |
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Other, net |
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Ìý |
8 |
Ìý |
(24) |
Ìý |
122 |
Ìý |
10 |
​ |
​ |
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Ìý |
(86) |
Ìý |
(158) |
Ìý |
(227) |
Ìý |
(394) |
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Earnings (loss) from discontinued operations before income taxes |
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Ìý |
(3,065) |
Ìý |
370 |
Ìý |
(2,326) |
Ìý |
959 |
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Income tax (expense) benefit |
​ |
Ìý |
63 |
Ìý |
(79) |
Ìý |
(86) |
Ìý |
(202) |
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Net earnings (loss) from discontinued operations |
​ |
Ìý |
(3,002) |
Ìý |
291 |
Ìý |
(2,412) |
Ìý |
757 |
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Less net earnings (loss) from discontinued operations attributable to the noncontrolling interests |
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Ìý |
(502) |
Ìý |
58 |
Ìý |
(410) |
Ìý |
146 |
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Net earnings (loss) from discontinued operations attributable to Â鶹×îгöÆ· stockholders |
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$ |
(2,500) |
Ìý |
233 |
Ìý |
(2,002) |
Ìý |
611 |
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