Sirius XM Holdings Inc. Quarterly report pursuant to Section 13 or 15(d)

Leases (Tables)

6 Months Ended

Jun. 30, 2019

The components of lease expense were as follows:



	For the Three Months Ended June 30,			For the Six Months Ended June 30,
	2019			2019
Operating lease cost	$	21		$	38
Finance lease cost
Amortization of right-of-use assets	2			3
Sublease income	(1		)	(2		)
Total lease cost	$	22		$	39

Supplemental cash flow information related to leases was as follows:



	For the Six Months Ended June 30,
	2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	36
Financing cash flows from finance leases	$	2

Right-of-use assets obtained in exchange for lease obligations:
Operating leases	$	36

Supplemental balance sheet information related to leases was as follows:



	June 30, 2019
Operating Leases
Operating lease right-of-use assets	$	442

Operating lease current liabilities	47
Operating lease liabilities	418
Total operating lease liabilities	$	465



	June 30, 2019
Finance Leases
Property and equipment, gross	$	31
Accumulated depreciation	(23		)
Property and equipment, net	$	8

Current maturities of debt	$	3
Long-term debt	2
Total finance lease liabilities	$	5



	June 30, 2019
Weighted Average Remaining Lease Term
Operating leases	10 years
Finance leases	2 years



	June 30, 2019
Weighted Average Discount Rate
Operating leases	5.3	%
Finance leases	1.8	%

Maturities of lease liabilities were as follows:



	Operating Leases			Finance Leases
Year ending December 31,
2019 (remaining)	$	30		$	2
2020	73			2
2021	63			1
2022	60			—
2023	58			—
Thereafter	319			—
Total future minimum lease payments	603			5
Less imputed interest	(138		)	—
Total	$	465		$	5

Maturities of lease liabilities were as follows:



	Operating Leases			Finance Leases
Year ending December 31,
2019 (remaining)	$	30		$	2
2020	73			2
2021	63			1
2022	60			—
2023	58			—
Thereafter	319			—
Total future minimum lease payments	603			5
Less imputed interest	(138		)	—
Total	$	465		$	5