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Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets (Tables)

v3.20.2
Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2020
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, 2020

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$

15,803

Ìý

3,956

​

180

Ìý

19,939

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Acquisition (a)

​

Ìý

17

Ìý

—

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—

Ìý

17

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Balance at June 30, 2020

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$

15,820

Ìý

3,956

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180

Ìý

19,956

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

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June 30, 2020

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December 31, 2019

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ÌýÌýÌýÌý

Gross

ÌýÌýÌýÌý

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ÌýÌýÌýÌý

Net

ÌýÌýÌýÌý

Gross

ÌýÌýÌýÌý

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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

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(643)

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2,987

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3,630

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(543)

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3,087

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Customer relationships

​

​

3,086

​

(1,278)

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1,808

Ìý

3,086

Ìý

(1,123)

Ìý

1,963

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Licensing agreements

​

Ìý

315

​

(195)

​

120

Ìý

316

Ìý

(185)

Ìý

131

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Other

​

Ìý

1,727

​

(989)

​

738

Ìý

1,636

Ìý

(877)

Ìý

759

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Total

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$

8,758

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(3,105)

​

5,653

Ìý

8,668

Ìý

(2,728)

Ìý

5,940

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Schedule of future amortization expense Based on its amortizable intangible assets as of June 30, 2020, Liberty expects that amortization expense will be as follows for the next five years (amounts in millions):

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Remainder of 2020

ÌýÌýÌýÌý

$

407

Ìý

2021

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$

760

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2022

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$

642

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2023

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$

521

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2024

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$

402

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