Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment (Tables)

v3.23.3
Property and Equipment (Tables)
 9 Months Ended
Sep. 30, 2023
Property, Plant and Equipment [Abstract]  
Schedule of Property and Equipment, Net
Property and equipment, net, consists of the following:
  September 30, 2023 December 31, 2022
Satellite system $ 1,598  $ 1,841 
Terrestrial repeater network 119  118 
Leasehold improvements 107  100 
Broadcast studio equipment 141  133 
Capitalized software and hardware 1,850  1,821 
Satellite telemetry, tracking and control facilities 82  76 
Furniture, fixtures, equipment and other 109  89 
Land 32  32 
Building 73  70 
Construction in progress 738  313 
Total property and equipment 4,849  4,593 
Accumulated depreciation (3,134) (3,094)
Property and equipment, net $ 1,715  $ 1,499 
Construction in progress consists of the following:
  September 30, 2023 December 31, 2022
Satellite system $ 449  $ 212 
Terrestrial repeater network 17  10 
Capitalized software and hardware 249  56 
Other 23  35 
Construction in progress $ 738  $ 313 
Schedule of Orbiting Satellites The chart below provides certain information on our satellites as of September 30, 2023:
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