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Debt (Tables)
 6 Months Ended
Jun. 30, 2024
Debt Disclosure [Abstract]  
Schedule of Long-term Debt Instruments
Our debt as of June 30, 2024 and December 31, 2023 consisted of the following:
     Principal Amount at
Carrying value(a) at
Issuer / BorrowerIssuedDebtMaturity DateInterest
Payable		June 30, 2024June 30, 2024December 31, 2023
Sirius XM
(b) (d)
April 2022Incremental Term LoanApril 11, 2024variable fee paid monthly— — 500 
Sirius XM
(b)		August 2021
3.125% Senior Notes
September 1, 2026semi-annually on March 1 and September 11,000 995 994 
Sirius XM
(b)		July 2017
5.00% Senior Notes
August 1, 2027semi-annually on February 1 and August 11,500 1,495 1,494 
Sirius XM
(b)		June 2021
4.00% Senior Notes
July 15, 2028semi-annually on January 15 and July 152,000 1,986 1,985 
Sirius XM
(b)		June 2019
5.500% Senior Notes
July 1, 2029semi-annually on January 1 and July 11,250 1,242 1,241 
Sirius XM
(b)		June 2020
4.125% Senior Notes
July 1, 2030semi-annually on January 1 and July 11,500 1,489 1,488 
Sirius XM
(b)		August 2021
3.875% Senior Notes
September 1, 2031semi-annually on March 1 and September 11,500 1,487 1,487 
Sirius XM
(c) (e)
December 2012Senior Secured Revolving Credit Facility (the "Credit Facility")August 31, 2026variable fee paid quarterly350 350 — 
Sirius XMVariousFinance leasesVarious n/a n/a13 15 
Total Debt9,057 9,204 
Less: total current maturities5 505 
Less: total deferred financing costs8 9 
Total long-term debt$9,044 $8,690 
(a)The carrying value of the obligations is net of any remaining unamortized original issue discount.
(b)All material domestic subsidiaries, including Pandora and its subsidiaries, that guarantee the Credit Facility have guaranteed the Incremental Term Loan and these notes.
(c)In August 2021, Sirius XM entered into an amendment to extend the maturity of the $1,750 Credit Facility to August 31, 2026. Sirius XM's obligations under the Credit Facility are guaranteed by its material domestic subsidiaries, including Pandora and its subsidiaries, and are secured by a lien on substantially all of Sirius XM's assets and the assets of its material domestic subsidiaries.  Sirius XM's borrowings are based on the Secured Overnight Financing Rate (“SOFR”) plus an applicable rate based on its debt to operating cash flow ratio. Sirius XM is also required to pay a variable fee on the average daily unused portion of the Credit Facility which is payable on a quarterly basis.  The variable rate for the unused portion of the Credit Facility was 0.25% per annum as of June 30, 2024.  All of Sirius XM's outstanding borrowings under the Credit Facility are classified as Long-term debt within our unaudited consolidated balance sheets due to the long-term maturity of this debt.
(d)In April 2022, Sirius XM entered into an amendment to the Credit Facility to incorporate an Incremental Term Loan borrowing of $500. Interest on the Incremental Term Loan borrowing was based on SOFR plus an applicable rate. On April 11, 2024, the Incremental Term Loan matured and was retired with cash for 100% of the principal amount plus accrued and unpaid interest to the date of maturity.
(e)On January 26, 2024, Sirius XM entered into an amendment to the Credit Facility to, among other things, incorporate a $1,100 delayed draw incremental term loan. Subject to the conditions described in the amendment, the delayed draw incremental term loan shall be available to be drawn by Sirius XM in up to three separate drawings until December 31, 2024. If drawn, interest on the delayed draw incremental term loan is based on SOFR plus an applicable rate.