Quarterly report pursuant to Section 13 or 15(d)

Segments and Geographic Information (Tables)

v3.22.1
Segments and Geographic Information (Tables)
 3 Months Ended
Mar. 31, 2022
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 March 31, 2022
Sirius XM Pandora and Off-platform Total
Revenue
Subscriber revenue $ 1,582  $ 131  $ 1,713 
Advertising revenue 47  336  383 
Equipment revenue 53  —  53 
Other revenue 37  —  37 
Total revenue 1,719  467  2,186 
Cost of services (a)
(649) (330) (979)
Segment gross profit $ 1,070  $ 137  $ 1,207 
For the Three Months Ended March 31, 2021
Sirius XM Pandora and Off-platform Total
Revenue
Subscriber revenue $ 1,481  $ 130  $ 1,611 
Advertising revenue 42  312  354 
Equipment revenue 57  —  57 
Other revenue 36  —  36 
Total revenue 1,616  442  2,058 
Cost of services (b)
(623) (305) (928)
Segment gross profit $ 993  $ 137  $ 1,130 
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 March 31, 2022
Segment Gross Profit $ 1,207 
Subscriber acquisition costs (90)
Sales and marketing (a)
(259)
Engineering, design and development (a)
(59)
General and administrative (a)
(109)
Depreciation and amortization (135)
Share-based payment expense (45)
Total other (expense) income (101)
Consolidated income before income taxes $ 409 
(a)     Share-based payment expense of $10 related to cost of services, $13 related to sales and marketing, $8 related to engineering, design and development and $14 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 March 31, 2021
Segment Gross Profit $ 1,130 
Subscriber acquisition costs (86)
Sales and marketing (b)
(202)
Engineering, design and development (b)
(54)
General and administrative (b)
(106)
Depreciation and amortization (132)
Share-based payment expense (51)
Impairment, restructuring and acquisition costs (245)
Total other (expense) income (97)
Consolidated income before income taxes $ 157 
(b)     Share-based payment expense of $11 related to cost of services, $15 related to sales and marketing, $10 related to engineering, design and development and $15 related to general and administrative has been excluded.