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Annual report pursuant to Section 13 and 15(d)

Goodwill and Intangible Assets (Tables)

v3.20.4
Goodwill and Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2020
Finite-Lived Intangible Assets [Line Items] Ìý
Goodwill

​

​

​

​

​

​

​

​

​

​

​

SiriusÌýXM Holdings

​

Formula 1

ÌýÌýÌýÌý

Other

ÌýÌýÌýÌý

Total

Ìý

​

amounts in millions

​

Balance at January 1, 2019

$

14,250

​

3,956

​

180

​

18,386

​

Acquisitions (a)

​

1,553

​

—

​

—

​

1,553

​

Balance at DecemberÌý31, 2019

​

15,803

​

3,956

​

180

​

19,939

​

Acquisitions (b)

​

235

​

—

​

—

​

235

​

Impairments

​

(956)

​

—

​

—

​

(956)

​

Balance at DecemberÌý31, 2020

$

15,082

​

3,956

​

180

​

19,218

​

(a) See note 5 for details regarding Sirius XM Holdings’ acquisition of Pandora.
(b) See note 5 for details regarding SiriusXM Holdings’ acquisitions of Simplecast and Stitcher.
Schedule of intangible assets subject to amortization

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

DecemberÌý31,Ìý2020

​

DecemberÌý31,Ìý2019

Ìý

​

ÌýÌýÌýÌý

Gross

ÌýÌýÌýÌý

​

ÌýÌýÌýÌý

Net

ÌýÌýÌýÌý

Gross

ÌýÌýÌýÌý

​

ÌýÌýÌýÌý

Net

Ìý

​

​

carrying

​

Accumulated

​

carrying

​

carrying

​

Accumulated

​

carrying

Ìý

​

​

amount

​

amortization

​

amount

​

amount

​

amortization

​

amount

Ìý

​

​

amountsÌýinÌýmillions

Ìý

FIA Agreement

​

$

3,630

​

(742)

​

2,888

​

3,630

​

(543)

​

3,087

​

Customer relationships

​

​

3,053

Ìý

(1,389)

Ìý

1,664

Ìý

3,086

Ìý

(1,123)

Ìý

1,963

​

Licensing agreements

​

Ìý

355

Ìý

(221)

Ìý

134

Ìý

316

Ìý

(185)

Ìý

131

​

Other

​

Ìý

1,748

Ìý

(1,056)

Ìý

692

Ìý

1,636

Ìý

(877)

Ìý

759

​

Total

​

$

8,786

Ìý

(3,408)

Ìý

5,378

Ìý

8,668

Ìý

(2,728)

Ìý

5,940

​

Schedule of future amortization expense

​

​

​

​

​

2021

ÌýÌýÌýÌý

$

767

​

2022

​

$

726

​

2023

​

$

581

​

2024

​

$

398

​

2025

​

$

345

​