Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment (Tables)

v3.22.2.2
Property and Equipment (Tables)
9 Months Ended
Sep. 30, 2022
Property, Plant and Equipment [Abstract]  
Schedule of Property and Equipment, Net
Property and equipment, net, consists of the following:
  September 30, 2022 December 31, 2021
Satellite system $ 1,841  $ 1,841 
Terrestrial repeater network 116  116 
Leasehold improvements 101  109 
Broadcast studio equipment 126  119 
Capitalized software and hardware 1,607  1,591 
Satellite telemetry, tracking and control facilities 69  67 
Furniture, fixtures, equipment and other 89  92 
Land 38  38 
Building 82  81 
Construction in progress 382  156 
Total property and equipment 4,451  4,210 
Accumulated depreciation (3,013) (2,760)
Property and equipment, net $ 1,438  $ 1,450 
Construction in progress consists of the following:
  September 30, 2022 December 31, 2021
Satellite system $ 143  $ 64 
Terrestrial repeater network
Capitalized software and hardware 204  78 
Other 31  13 
Construction in progress $ 382  $ 156 
Schedule of Orbiting Satellites The chart below provides certain information on our satellites as of September 30, 2022:
Satellite Description Year Delivered Estimated End of
Depreciable Life
FCC License Expiration Year
SIRIUS FM-5 2009 2024 2025
SIRIUS FM-6 2013 2028
2022 (a)
XM-3 2005 2020 2026
XM-4 2006 2021
2022 (b)
XM-5 2010 2025 2026
SXM-8 2021 2036 2029
(a)We filed an application with the FCC to extend the license for our SIRIUS FM-6 satellite during the quarter ended September 30, 2022 and expect it to be granted routinely.
(b)We filed an application with the FCC to extend the license for our XM-4 satellite during the quarter ended December 31, 2022 and expect it to be granted routinely.