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Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets (Tables)

v3.19.2
Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2019
Finite-Lived Intangible Assets [Line Items] Ìý
Goodwill

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​

​

​

​

​

​

​

​

ÌýÌýÌýÌý

SIRIUSÌýXM Holdings

ÌýÌýÌýÌý

Formula 1

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Other

ÌýÌýÌýÌý

Total

Ìý

​

​

amountsÌýinÌýmillions

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Balance at JanuaryÌý1, 2019

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$

14,250

Ìý

3,956

​

180

Ìý

18,386

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Acquisition (a)

​

Ìý

1,562

Ìý

—

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—

Ìý

1,562

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Balance at June 30, 2019

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$

15,812

Ìý

3,956

​

180

Ìý

19,948

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

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June 30, 2019

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December 31, 2018

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ÌýÌýÌýÌý

Gross

ÌýÌýÌýÌý

​

ÌýÌýÌýÌý

Net

ÌýÌýÌýÌý

Gross

ÌýÌýÌýÌý

​

ÌýÌýÌýÌý

Net

Ìý

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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

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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

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amountsÌýinÌýmillions

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FIA Agreement

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$

3,630

​

(445)

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3,185

​

3,630

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(346)

​

3,284

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Customer relationships

​

​

3,086

​

(957)

​

2,129

Ìý

2,684

Ìý

(795)

Ìý

1,889

​

Licensing agreements

​

Ìý

316

​

(173)

​

143

Ìý

316

Ìý

(162)

Ìý

154

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Other

​

Ìý

1,531

​

(766)

​

765

Ìý

1,047

Ìý

(659)

Ìý

388

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Total

​

$

8,563

​

(2,341)

​

6,222

Ìý

7,677

Ìý

(1,962)

Ìý

5,715

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Schedule of future amortization expense Based on its amortizable intangible assets as of June 30, 2019, Liberty expects that amortization expense will be as follows for the next five years (amounts in millions):

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​

​

​

​

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Remainder of 2019

ÌýÌýÌýÌý

$

432

Ìý

2020

​

$

805

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2021

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$

614

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2022

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$

577

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2023

​

$

539

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​