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Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets (Tables)

v3.21.2
Intangible Assets (Tables)
9 Months Ended
Sep. 30, 2021
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

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amountsÌýinÌýmillions

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Balance at JanuaryÌý1, 2021

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$

15,082

​

3,956

​

180

​

19,218

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Acquisitions (a)

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Ìý

29

Ìý

—

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—

Ìý

29

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Balance at September 30, 2021

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$

15,111

Ìý

3,956

​

180

Ìý

19,247

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(a) Sirius XM Holdings recorded goodwill related to an acquisition in April 2021 and recorded adjustments to contingent consideration for the prior year acquisition of Stitcher.
Schedule of intangible assets subject to amortization

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September 30, 2021

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December 31, 2020

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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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(888)

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2,742

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3,630

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(742)

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2,888

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Customer relationships

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​

3,053

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(1,606)

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1,447

Ìý

3,053

Ìý

(1,389)

Ìý

1,664

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Licensing agreements

​

Ìý

355

​

(237)

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118

Ìý

355

Ìý

(221)

Ìý

134

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Other

​

Ìý

1,883

​

(1,257)

​

626

Ìý

1,748

Ìý

(1,056)

Ìý

692

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Total

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$

8,921

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(3,988)

​

4,933

Ìý

8,786

Ìý

(3,408)

Ìý

5,378

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Schedule of future amortization expense Based on its amortizable intangible assets as of September 30, 2021, Liberty expects that amortization expense will be as follows for the next five years (amounts in millions):

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Remainder of 2021

ÌýÌýÌýÌý

$

196

Ìý

2022

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$

778

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2023

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$

574

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2024

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$

417

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2025

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$

363

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