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Benefit Plans (Tables) | 6 Months Ended
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Jun. 30, 2025
Retirement Benefits [Abstract] |
Share-Based Payment Arrangement, Expensed and Capitalized, Amount | Included in the accompanying unaudited consolidated statements of operations are the following amounts of share-based compensation expense:
| For the Three Months Ended June 30, |  | For the Six Months Ended June 30,
| 2025 |  | 2024 |  | 2025 |  | 2024 |  |
Cost of services: |  |  |  |  |  |  |  |  |
Programming and content | $ | 10 |  |  | $ | 9 |  |  | $ | 19 |  |  | $ | 17 |  |  |
Customer service and billing | 2 |  |  | 1 |  |  | 3 |  |  | 2 |  |  |
Transmission | 1 |  |  | 1 |  |  | 3 |  |  | 3 |  |  |
Sales and marketing | 12 |  |  | 11 |  |  | 26 |  |  | 23 |  |  |
Product and technology | 8 |  |  | 11 |  |  | 18 |  |  | 23 |  |  |
General and administrative | 14 |  |  | 15 |  |  | 28 |  |  | 28 |  |  |
| $ | 47 |  |  | $ | 48 |  |  | $ | 97 |  |  | $ | 96 |  |  |
Schedule of Fair Value of Options Granted | The following table summarizes the weighted-average assumptions used to compute the fair value of options granted to employees, members of our board of directors and non-employees under the Sirius XM Awards during the three and six months ended June 30, 2024:
|  |  | For the Three Months Ended June 30, |  |  |  | For the Six Months Ended June 30,
|  |  | 2024 |  |  |  | 2024 |  |
Risk-free interest rate |  |  | 4.7% |  |  |  | 4.4% |  |
Expected life of options — years |  |  | 3.75 |  |  |  | 3.76 |  |
Expected stock price volatility |  |  | 41% |  |  |  | 40% |  |
Expected dividend yield |  |  | 3.9% |  |  |  | 2.8% |  |
Schedule of Stock Options Activity Under Share-based Payment Plans | The following table summarizes stock option activity under our share-based plans for the six months ended June 30, 2025:
| Options |  | WAEP |  | Weighted-Average Remaining Contractual Term (Years) |  | Aggregate Intrinsic Value
Outstanding as of January 1, 2025 | 18 |  |  | $ | 49.69 |  |  |  |  |
Granted | — |  |  | $ | — |  |  |  |  |
Exercised | — |  |  | $ | 1.10 |  |  |  |  |
Forfeited, cancelled or expired | (1) |  |  | $ | 49.08 |  |  |  |  |
Outstanding as of June 30, 2025 | 17 |  |  | $ | 49.75 |  |  | 3.79 |  | $ | — |
Exercisable as of June 30, 2025 | 14 |  |  | $ | 50.34 |  |  | 3.18 |  | $ | — |
Schedule of Restricted Stock Unit and Stock Award Activity | The following table summarizes the RSU, including PRSU, activity under our share-based plans for the six months ended June 30, 2025:
| Shares |  | GDFV Per Share
Nonvested as of January 1, 2025 | 12 |  |  | $ | 42.33 |
Granted | 10 |  |  | $ | 25.59 |
Vested | (2) |  |  | $ | 55.74 |
Forfeited | (2) |  |  | $ | 34.24 |
Nonvested as of June 30, 2025 | 18 |  |  | $ | 31.96 |

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