Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment (Tables)

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Property and Equipment (Tables)
6 Months Ended
Jun. 30, 2024
Property, Plant and Equipment [Abstract]  
Schedule of Property and Equipment, Net
Property and equipment, net, consists of the following:
  June 30, 2024 December 31, 2023
Satellite system $ 1,598  $ 1,598 
Terrestrial repeater network 117  117 
Leasehold improvements 112  106 
Broadcast studio equipment 157  146 
Capitalized software and hardware 2,175  2,178 
Satellite telemetry, tracking and control facilities 86  84 
Furniture, fixtures, equipment and other 109  110 
Land 32  32 
Building 75  74 
Construction in progress 867  538 
Total property and equipment 5,328  4,983 
Accumulated depreciation (3,454) (3,229)
Property and equipment, net $ 1,874  $ 1,754 
Construction in progress consists of the following:
  June 30, 2024 December 31, 2023
Satellite system $ 613  $ 490 
Terrestrial repeater network
Capitalized software and hardware 227  17 
Other 18  24 
Construction in progress $ 867  $ 538 
Schedule of Orbiting Satellites The chart below provides certain information on our satellites as of June 30, 2024:
Satellite Description Year Delivered Estimated End of
Depreciable Life
FCC License Expiration Year
SIRIUS FM-5 2009 2024 2025
SIRIUS FM-6 2013 2028 2030
XM-3 2005 2020 2026
XM-5 2010 2025 2026
SXM-8 2021 2036 2029