Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Cash Flows (Parenthetical)

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Consolidated Statements of Cash Flows (Parenthetical) (7% Exchangeable Senior Subordinated Notes due 2014 [Member])
Sep. 30, 2014
Dec. 31, 2013
Sep. 30, 2013
7% Exchangeable Senior Subordinated Notes due 2014 [Member]
      
Interest rate on instrument 7.00% [1],[2] 7.00% [1],[2] 7.00%
[1] The carrying value of the notes are net of the remaining unamortized original issue discount.
[2] Sirius XM and Holdings are co-obligors with respect to the Exchangeable Notes. The Exchangeable Notes are senior subordinated obligations and rank junior in right of payment to our existing and future senior debt and equally in right of payment with our existing and future senior subordinated debt. Substantially all of our domestic wholly-owned subsidiaries guarantee our obligations under these notes on a senior subordinated basis. The Exchangeable Notes are exchangeable at any time at the option of the holder into shares of our common stock at an exchange rate of 543.1372 shares of common stock per $1,000 principal amount of the notes, which is equivalent to an approximate exchange price of $1.841 per share of common stock. During the three months ended September 30, 2014, $6 of the Exchangeable Notes were converted into shares of our common stock. During the three and nine months ended September 30, 2014, the common stock reserved for conversion in connection with the Exchangeable Notes was considered to be dilutive in our calculation of diluted net income per share and anti-dilutive during the three and nine months ended September 30, 2013.