Annual report pursuant to Section 13 and 15(d)

Goodwill and Other Intangible Assets (Tables)

v3.19.3.a.u2
Goodwill and Other Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2019
Finite-Lived Intangible Assets [Line Items]  
Goodwill

​

​

​

​

​

​

​

​

​

​

​

​

Sirius XM Holdings

​

Formula 1

    

Other

    

Total

 

​

amounts in millions

​

Balance at January 1, 2018

$

14,247

​

3,956

​

180

​

18,383

​

Acquisitions

​

3

​

—

​

—

​

3

​

Balance at December 31, 2018

​

14,250

​

3,956

​

180

​

18,386

​

Acquisitions (a)

​

1,553

​

—

​

—

​

1,553

​

Balance at December 31, 2019

$

15,803

​

3,956

​

180

​

19,939

​

(a) See note 5 for details regarding Sirius XM Holdings’ acquisition of Pandora.

Schedule of intangible assets subject to amortization

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

December 31, 2019

​

December 31, 2018

 

​

    

Gross

    

​

    

Net

    

Gross

    

​

    

Net

 

​

​

carrying

​

Accumulated

​

carrying

​

carrying

​

Accumulated

​

carrying

 

​

​

amount

​

amortization

​

amount

​

amount

​

amortization

​

amount

 

​

​

amounts in millions

 

FIA Agreement

​

$

3,630

​

(543)

​

3,087

​

3,630

​

(346)

​

3,284

​

Customer relationships

​

​

3,086

 

(1,123)

 

1,963

 

2,684

 

(795)

 

1,889

​

Licensing agreements

​

 

316

 

(185)

 

131

 

316

 

(162)

 

154

​

Other

​

 

1,636

 

(877)

 

759

 

1,047

 

(659)

 

388

​

Total

​

$

8,668

 

(2,728)

 

5,940

 

7,677

 

(1,962)

 

5,715

​

Schedule of future amortization expense

​

​

​

​

​

2020

    

$

790

​

2021

​

$

738

​

2022

​

$

584

​

2023

​

$

523

​

2024

​

$

405

​