Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment (Tables)

v3.19.1
Property and Equipment (Tables)
3 Months Ended
Mar. 31, 2019
Property, Plant and Equipment [Line Items]  
Property and equipment, net
Property and equipment, net, consists of the following:
 
March 31, 2019
 
December 31, 2018
Satellite system
$
1,587

 
$
1,587

Terrestrial repeater network
99

 
98

Leasehold improvements
76

 
58

Broadcast studio equipment
112

 
111

Capitalized software and hardware
875

 
824

Satellite telemetry, tracking and control facilities
80

 
76

Furniture, fixtures, equipment and other
101

 
97

Land
38

 
38

Building
63

 
63

Construction in progress
486

 
412

Total property and equipment
3,517

 
3,364

Accumulated depreciation and amortization
(1,931
)
 
(1,851
)
Property and equipment, net
$
1,586

 
$
1,513

Summary of orbiting satellites
The chart below provides certain information on our satellites as of March 31, 2019:
Satellite Description
 
Year Delivered
 
Estimated End of
Depreciable Life
SIRIUS FM-5
 
2009
 
2024
SIRIUS FM-6
 
2013
 
2028
XM-3
 
2005
 
2020
XM-4
 
2006
 
2021
XM-5
 
2010
 
2025
Years in which licenses expire
The following table outlines the years in which each of our satellite licenses expires:
FCC satellite licenses
 
Expiration year
SIRIUS FM-5
 
2025
SIRIUS FM-6
 
2022
XM-3
 
2021
XM-4
 
2022
XM-5
 
2026
Construction in progress  
Property, Plant and Equipment [Line Items]  
Property and equipment, net
Construction in progress consists of the following:
 
March 31, 2019
 
December 31, 2018
Satellite system
$
321

 
$
296

Terrestrial repeater network
5

 
5

Capitalized software and hardware
117

 
77

Other
43

 
34

Construction in progress
$
486

 
$
412