Quarterly report pursuant to Section 13 or 15(d)

Segments and Geographic Information (Tables)

v3.21.2
Segments and Geographic Information (Tables)
 9 Months Ended
Sep. 30, 2021
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
Segment revenue and gross profit were as follows during the period presented:
For the Three Months Ended September 30, 2021
Sirius XM Pandora Total
Revenue
Subscriber revenue $ 1,532  $ 134  $ 1,666 
Advertising revenue 47  404  451 
Equipment revenue 41  —  41 
Other revenue 40  —  40 
Total revenue 1,660  538  2,198 
Cost of services (a)
(645) (341) (986)
Segment gross profit $ 1,015  $ 197  $ 1,212 
For the Three Months Ended September 30, 2020
Sirius XM Pandora Total
Revenue
Subscriber revenue $ 1,462  $ 132  $ 1,594 
Advertising revenue 39  306  345 
Equipment revenue 47  —  47 
Other revenue 39  —  39 
Total revenue 1,587  438  2,025 
Cost of services (b)
(610) (274) (884)
Segment gross profit $ 977  $ 164  $ 1,141 
For the Nine Months Ended September 30, 2021
Sirius XM Pandora Total
Revenue
Subscriber revenue $ 4,521  $ 397  $ 4,918 
Advertising revenue 135  1,100  1,235 
Equipment revenue 149  —  149 
Other revenue 113  —  113 
Total revenue 4,918  1,497  6,415 
Cost of services (c)
(1,916) (971) (2,887)
Segment gross profit $ 3,002  $ 526  $ 3,528 
For the Nine Months Ended September 30,2020
Sirius XM Pandora Total
Revenue
Subscriber revenue $ 4,372  $ 385  $ 4,757 
Advertising revenue 108  758  866 
Equipment revenue 113  —  113 
Other revenue 115  —  115 
Total revenue 4,708  1,143  5,851 
Cost of services (d)
(1,796) (783) (2,579)
Segment gross profit $ 2,912  $ 360  $ 3,272 
Reconciliation of Revenue from Segments to Consolidated
The reconciliation between reportable segment gross profit to consolidated income before income tax is as follows:
For the Three Months Ended September 30, 2021
Segment Gross Profit $ 1,212 
Subscriber acquisition costs (71)
Sales and marketing (a)
(254)
Engineering, design and development (a)
(59)
General and administrative (a)
(109)
Depreciation and amortization (135)
Share-based payment expense (51)
Impairment, restructuring and acquisition costs 95 
Total other (expense) income (195)
Consolidated income before income taxes $ 433 
(a)     Share-based payment expense of $11 related to cost of services, $15 related to sales and marketing, $9 related to engineering, design and development and $16 related to general and administrative has been excluded.
The reconciliation between reportable segment gross profit to consolidated income before income tax is as follows:
For the Three Months Ended September 30, 2020
Segment Gross Profit $ 1,141 
Subscriber acquisition costs (110)
Sales and marketing (b)
(205)
Engineering, design and development (b)
(53)
General and administrative (b)
(112)
Depreciation and amortization (125)
Share-based payment expense (58)
Total other (expense) income (134)
Consolidated income before income taxes $ 344 
(b)     Share-based payment expense of $11 related to cost of services, $17 related to sales and marketing, $11 related to engineering, design and development and $19 related to general and administrative has been excluded.
The reconciliation between reportable segment gross profit to consolidated income before income tax is as follows:
For the Nine Months Ended September 30, 2021
Segment Gross Profit $ 3,528 
Subscriber acquisition costs (245)
Sales and marketing (c)
(682)
Engineering, design and development (c)
(171)
General and administrative (c)
(329)
Depreciation and amortization (399)
Share-based payment expense (149)
Impairment, restructuring and acquisition costs (13)
Total other (expense) income (388)
Consolidated income before income taxes $ 1,152 
(c)     Share-based payment expense of $33 related to cost of services, $43 related to sales and marketing, $26 related to engineering, design and development and $47 related to general and administrative has been excluded.
The reconciliation between reportable segment gross profit to consolidated income before income tax is as follows:
For the Nine Months Ended September 30, 2020
Segment Gross Profit $ 3,272 
Subscriber acquisition costs (257)
Sales and marketing (d)
(614)
Engineering, design and development (d)
(165)
General and administrative (d)
(305)
Depreciation and amortization (381)
Share-based payment expense (165)
Impairment, restructuring and acquisition costs (24)
Total other (expense) income (327)
Consolidated income before income taxes $ 1,034 
(d)     Share-based payment expense of $32 related to cost of services, $50 related to sales and marketing, $31 related to engineering, design and development and $52 related to general and administrative has been excluded.