Quarterly report pursuant to Section 13 or 15(d)

Segments and Geographic Information (Tables)

v3.21.2
Segments and Geographic Information (Tables)
 6 Months Ended
Jun. 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 June 30, 2021
Sirius XM Pandora Total
Revenue
Subscriber revenue $ 1,508  $ 133  $ 1,641 
Advertising revenue 46  383  429 
Equipment revenue 51  —  51 
Other revenue 38  —  38 
Total revenue 1,643  516  2,159 
Cost of services (a)
(647) (323) (970)
Segment gross profit $ 996  $ 193  $ 1,189 
For the Three Months Ended June 30, 2020
Sirius XM Pandora Total
Revenue
Subscriber revenue $ 1,453  $ 125  $ 1,578 
Advertising revenue 25  211  236 
Equipment revenue 25  —  25 
Other revenue 35  —  35 
Total revenue 1,538  336  1,874 
Cost of services (b)
(593) (263) (856)
Segment gross profit $ 945  $ 73  $ 1,018 
For the Six Months Ended June 30, 2021
Sirius XM Pandora Total
Revenue
Subscriber revenue $ 2,989  $ 263  $ 3,252 
Advertising revenue 87  696  783 
Equipment revenue 108  —  108 
Other revenue 74  —  74 
Total revenue 3,258  959  4,217 
Cost of services (c)
(1,270) (630) (1,900)
Segment gross profit $ 1,988  $ 329  $ 2,317 
For the Six Months Ended June 30,2020
Sirius XM Pandora Total
Revenue
Subscriber revenue $ 2,910  $ 253  $ 3,163 
Advertising revenue 69  452  521 
Equipment revenue 66  —  66 
Other revenue 76  —  76 
Total revenue 3,121  705  3,826 
Cost of services (d)
(1,186) (509) (1,695)
Segment gross profit $ 1,935  $ 196  $ 2,131 
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 June 30, 2021
Segment Gross Profit $ 1,189 
Subscriber acquisition costs (89)
Sales and marketing (a)
(227)
Engineering, design and development (a)
(59)
General and administrative (a)
(114)
Depreciation and amortization (131)
Share-based payment expense (47)
Impairment, restructuring and acquisition costs 136 
Total other (expense) income (98)
Consolidated income before income taxes $ 560 
(a)     Share-based payment expense of $12 related to cost of services, $13 related to sales and marketing, $6 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 June 30, 2020
Segment Gross Profit $ 1,018 
Subscriber acquisition costs (48)
Sales and marketing (b)
(201)
Engineering, design and development (b)
(52)
General and administrative (b)
(102)
Depreciation and amortization (124)
Share-based payment expense (52)
Impairment, restructuring and acquisition costs (24)
Total other (expense) income (98)
Consolidated income before income taxes $ 317 
(b)     Share-based payment expense of $10 related to cost of services, $16 related to sales and marketing, $9 related to engineering, design and development and $17 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 Six Months Ended June 30, 2021
Segment Gross Profit $ 2,317 
Subscriber acquisition costs (175)
Sales and marketing (c)
(428)
Engineering, design and development (c)
(113)
General and administrative (c)
(220)
Depreciation and amortization (263)
Share-based payment expense (98)
Impairment, restructuring and acquisition costs (108)
Total other (expense) income (195)
Consolidated income before income taxes $ 717 
(c)     Share-based payment expense of $22 related to cost of services, $28 related to sales and marketing, $17 related to engineering, design and development and $31 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 Six Months Ended June 30, 2020
Segment Gross Profit $ 2,131 
Subscriber acquisition costs (147)
Sales and marketing (d)
(409)
Engineering, design and development (d)
(112)
General and administrative (d)
(193)
Depreciation and amortization (256)
Share-based payment expense (107)
Impairment, restructuring and acquisition costs (24)
Total other (expense) income (193)
Consolidated income before income taxes $ 690 
(d)     Share-based payment expense of $21 related to cost of services, $33 related to sales and marketing, $20 related to engineering, design and development and $33 related to general and administrative has been excluded.