Annual report pursuant to Section 13 and 15(d)

Acquisitions - Schedule of Acquisition (Details)

v3.20.4
Acquisitions - Schedule of Acquisition (Details) - USD ($)
$ in Millions
Dec. 31, 2020
Oct. 16, 2020
Jun. 16, 2020
Dec. 31, 2019
Feb. 01, 2019
Dec. 31, 2018
Acquired Assets:            
Goodwill $ 3,122     $ 3,843   $ 2,290
Assumed Liabilities:            
Conversion feature of debt         $ 62  
Stitcher            
Acquired Assets:            
Receivables, net   $ 21        
Prepaid expenses and other current assets   16        
Property and equipment   8        
Intangible assets   38 $ 38      
Goodwill   218        
Operating lease right-of-use assets   11        
Total assets   312        
Assumed Liabilities:            
Accounts payable and accrued expenses   4        
Deferred revenue   1        
Operating lease current liabilities   2        
Operating lease liabilities   9        
Total liabilities   $ 16        
Pandora            
Acquired Assets:            
Cash and cash equivalents         313  
Receivables, net         353  
Prepaid expenses and other current assets         109  
Property and equipment         65  
Intangible assets         1,107  
Goodwill $ 1,553       1,553  
Deferred tax assets         102  
Operating lease right-of-use assets         104  
Long term assets         7  
Total assets         3,713  
Assumed Liabilities:            
Accounts payable and accrued expenses         324  
Deferred revenue         37  
Operating lease current liabilities         28  
Current maturities of debt         151  
Long-term debt         218  
Operating lease liabilities         69  
Other long-term liabilities         7  
Total liabilities         834  
Total consideration         $ 2,879