XML 109 R17.htm IDEA: XBRL DOCUMENT
v3.19.3

Property and Equipment | 9 Months Ended
--- | ---
Sep. 30, 2019
Property, Plant and Equipment [Abstract] |
Property and Equipment | Property and Equipment Property and equipment, net, consists of the following:
| September 30, 2019 |  | December 31, 2018
Satellite system | $ | 1,587 |  |  | $ | 1,587 |
Terrestrial repeater network | 100 |  |  | 98 |
Leasehold improvements | 94 |  |  | 58 |
Broadcast studio equipment | 122 |  |  | 111 |
Capitalized software and hardware | 964 |  |  | 824 |
Satellite telemetry, tracking and control facilities | 84 |  |  | 76 |
Furniture, fixtures, equipment and other | 88 |  |  | 97 |
Land | 38 |  |  | 38 |
Building | 63 |  |  | 63 |
Construction in progress | 561 |  |  | 412 |
Total property and equipment | 3,701 |  |  | 3,364 |
Accumulated depreciation and amortization | (2,092 | ) |  | (1,851 | )
Property and equipment, net | $ | 1,609 |  |  | $ | 1,513 |
Construction in progress consists of the following:
| September 30, 2019 |  | December 31, 2018
Satellite system | $ | 354 |  |  | $ | 296 |
Terrestrial repeater network | 7 |  |  | 5 |
Capitalized software and hardware | 162 |  |  | 77 |
Other | 38 |  |  | 34 |
Construction in progress | $ | 561 |  |  | $ | 412 |
Depreciation and amortization expense on property and equipment was $80 and $70 for the three months ended September 30, 2019 and 2018, respectively, and $241 and $205 for the nine months ended September 30, 2019 and 2018, respectively. There were no retirements of property and equipment during the nine months ended September 30, 2019 and 2018. We capitalize a portion of the interest on funds borrowed to finance the construction and launch of our satellites. Capitalized interest is recorded as part of the asset’s cost and depreciated over the satellite’s useful life. Capitalized interest costs were $4 and $3 for the three months ended September 30, 2019 and 2018, respectively, and $12 and $8 for the nine months ended September 30, 2019 and 2018, respectively, which related to the construction of our SXM-7 and SXM-8 satellites. We also capitalize a portion of share-based compensation related to employee time for capitalized software projects. Capitalized share-based compensation costs were $2 and $9 for the three and nine months ended September 30, 2019, respectively. We did no t capitalize any share-based compensation for the three and nine months ended September 30, 2018. Satellites As of September 30, 2019, we owned a fleet of five satellites. The chart below provides certain information on our satellites as of September 30, 2019:
Satellite Description |  | Year Delivered |  | Estimated End of Depreciable Life
SIRIUS FM-5 |  | 2009 |  | 2024
SIRIUS FM-6 |  | 2013 |  | 2028
XM-3 |  | 2005 |  | 2020
XM-4 |  | 2006 |  | 2021
XM-5 |  | 2010 |  | 2025
Each satellite requires an FCC license and prior to the expiration of each license, we are required to apply for a renewal of the FCC satellite licenses. The renewal and extension of our licenses is reasonably certain at minimal cost, which is expensed as incurred. The following table outlines the years in which each of our satellite licenses expires:
FCC satellite licenses |  | Expiration year
SIRIUS FM-5 |  | 2025
SIRIUS FM-6 |  | 2022
XM-3 |  | 2021
XM-4 |  | 2022
XM-5 |  | 2026

X
- References No definition available. + Details
Name: | us-gaap_PropertyPlantAndEquipmentAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -URI http://asc.fasb.org/topic&trid=2155823 + Details
Name: | us-gaap_PropertyPlantAndEquipmentDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration