Annual report pursuant to Section 13 and 15(d)

Property and Equipment (Tables)

v3.24.4
Property and Equipment (Tables)
 12 Months Ended
Dec. 31, 2024
Property, Plant and Equipment [Abstract]  
Schedule of Property and Equipment, Net Depreciation is calculated using the straight-line method over the following estimated useful life of the asset:
Satellite system
 15
years
Capitalized software and hardware 2 - 7 years
Other (a)
3 - 30 years
(a)     Includes leasehold improvements which are depreciated over the lesser of useful life or remaining lease term.
Property and equipment, net, consists of the following:
  December 31, 2024 December 31, 2023
Satellite system $ 1,598  $ 1,598 
Capitalized software and hardware 2,429  2,178 
Construction in progress 988  538 
Other
 718  627 
Total property and equipment 5,733  4,941 
Accumulated depreciation (3,624) (3,150)
Property and equipment, net $ 2,109  $ 1,791 
Construction in progress consists of the following:
  December 31, 2024 December 31, 2023
Satellite system $ 751  $ 490 
Capitalized software and hardware 197  17 
Other 40  31 
Construction in progress $ 988  $ 538 
Schedule of Orbiting Satellites The chart below provides certain information on our satellites as of December 31, 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