Annual report pursuant to Section 13 and 15(d)

Property and Equipment (Tables)

v3.22.4
Property and Equipment (Tables)
 12 Months Ended
Dec. 31, 2022
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
Terrestrial repeater network 5 - 15 years
Broadcast studio equipment 3 - 15 years
Capitalized software and hardware 2 - 7 years
Satellite telemetry, tracking and control facilities 3 - 15 years
Furniture, fixtures, equipment and other 2 - 7 years
Building 20 or 30 years
Leasehold improvements Lesser of useful life or remaining lease term
Property and equipment, net, consists of the following:
  December 31, 2022 December 31, 2021
Satellite system $ 1,841  $ 1,841 
Terrestrial repeater network 118  116 
Leasehold improvements 100  109 
Broadcast studio equipment 133  119 
Capitalized software and hardware 1,821  1,591 
Satellite telemetry, tracking and control facilities 76  67 
Furniture, fixtures, equipment and other 89  92 
Land 32  38 
Building 70  81 
Construction in progress 313  156 
Total property and equipment 4,593  4,210 
Accumulated depreciation (3,094) (2,760)
Property and equipment, net $ 1,499  $ 1,450 
Construction in progress consists of the following:
  December 31, 2022 December 31, 2021
Satellite system $ 212  $ 64 
Terrestrial repeater network 10  1 
Capitalized software and hardware 56  78 
Other 35  13 
Construction in progress $ 313  $ 156 
Schedule of Orbiting Satellites The chart below provides certain information on our satellites as of December 31, 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 2030
XM-3 2005 2020 2026
XM-4 2006 2021 2023
XM-5 2010 2025 2026
SXM-8 2021 2036 2029