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Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets (Tables)

v3.19.3
Intangible Assets (Tables)
9 Months Ended
Sep. 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

​

$

14,250

Ìý

3,956

​

180

Ìý

18,386

​

Acquisition (a)

​

Ìý

1,566

Ìý

—

​

—

Ìý

1,566

​

Balance at September 30, 2019

​

$

15,816

Ìý

3,956

​

180

Ìý

19,952

​

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

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​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

September 30, 2019

​

December 31, 2018

​

​

ÌýÌýÌýÌý

Gross

ÌýÌýÌýÌý

​

ÌýÌýÌýÌý

Net

ÌýÌýÌýÌý

Gross

ÌýÌýÌýÌý

​

ÌýÌýÌýÌý

Net

Ìý

​

​

carrying

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Accumulated

​

carrying

​

carrying

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Accumulated

​

carrying

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​

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amount

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amortization

​

amount

​

amount

​

amortization

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amount

​

​

​

amountsÌýinÌýmillions

​

FIA Agreement

​

$

3,630

​

(494)

​

3,136

​

3,630

​

(346)

​

3,284

​

Customer relationships

​

​

3,086

​

(1,040)

​

2,046

Ìý

2,684

Ìý

(795)

Ìý

1,889

​

Licensing agreements

​

Ìý

316

​

(179)

​

137

Ìý

316

Ìý

(162)

Ìý

154

​

Other

​

Ìý

1,577

​

(817)

​

760

Ìý

1,047

Ìý

(659)

Ìý

388

​

Total

​

$

8,609

​

(2,530)

​

6,079

Ìý

7,677

Ìý

(1,962)

Ìý

5,715

​

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

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​

​

​

​

​

Remainder of 2019

ÌýÌýÌýÌý

$

202

Ìý

2020

​

$

801

​

2021

​

$

664

​

2022

​

$

574

​

2023

​

$

536

​