Quarterly report pursuant to Section 13 or 15(d)

Leases

v3.24.3
Leases
9 Months Ended
Sep. 30, 2024
Leases [Abstract]  
Leases Leases
We have operating and finance leases for offices, terrestrial repeaters, data centers and certain equipment. Our leases have remaining lease terms of less than 1 year to 19 years, some of which may include options to extend the leases for up to 5 years, and some of which may include options to terminate the leases within 1 year. We elected the practical expedient to account for the lease and non-lease components as a single component. Additionally, we elected the practical expedient to not recognize right-of-use assets or lease liabilities for short-term leases, which are those leases with a term of twelve months or less at the lease commencement date.
The components of lease expense were as follows:
For the Three Months Ended September 30, For the Nine Months Ended September 30,
2024 2023 2024 2023
Operating lease cost $ 22  $ 14  $ 53  $ 46 
Finance lease cost
Sublease income —  —  (2) (2)
Total lease cost $ 24  $ 16  $ 56  $ 47 

During the nine months ended September 30, 2024 and 2023, we ceased using certain of our leased locations and recorded an impairment charge of $8 and $5, respectively, to write down the carrying value of the related right-of-use assets to their estimated fair values. Refer to Note 4 for additional information.
Leases Leases
We have operating and finance leases for offices, terrestrial repeaters, data centers and certain equipment. Our leases have remaining lease terms of less than 1 year to 19 years, some of which may include options to extend the leases for up to 5 years, and some of which may include options to terminate the leases within 1 year. We elected the practical expedient to account for the lease and non-lease components as a single component. Additionally, we elected the practical expedient to not recognize right-of-use assets or lease liabilities for short-term leases, which are those leases with a term of twelve months or less at the lease commencement date.
The components of lease expense were as follows:
For the Three Months Ended September 30, For the Nine Months Ended September 30,
2024 2023 2024 2023
Operating lease cost $ 22  $ 14  $ 53  $ 46 
Finance lease cost
Sublease income —  —  (2) (2)
Total lease cost $ 24  $ 16  $ 56  $ 47 

During the nine months ended September 30, 2024 and 2023, we ceased using certain of our leased locations and recorded an impairment charge of $8 and $5, respectively, to write down the carrying value of the related right-of-use assets to their estimated fair values. Refer to Note 4 for additional information.