Sirius XM Holdings Inc. (SIRI) financial statements (2022 and earlier)

Company profile

Business Address 1290 AVENUE OF THE AMERICAS
NEW YORK, NY 10104
State of Incorp.
Fiscal Year End December 31
SIC 4832 - Radio Broadcasting Stations (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)
Annual | Quarterly

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments711065469214112148
Cash and cash equivalents711065469214112148
Restricted cash and investments  0    
Receivables672670233242223235225
Inventory, net of allowances, customer advances and progress billings10112220202219
Inventory10112220202219
Prepaid expense      116
Other current assets      3
Other undisclosed current assets2142161681401851931,039
Total current assets:9671,0034784716435621,550
Noncurrent Assets
Operating lease, right-of-use asset427466✕✕✕✕✕
Property, plant and equipment 1,6261,5131,4631,3991,4151,510
Long-term investments and receivables5314529609629 3
Due from related parties5314529609629 3
Intangible assets, net (including goodwill)6,4627,3104,7914,8094,7504,7984,850
Goodwill3,1223,8432,2902,2872,2052,2052,205
Intangible assets, net (excluding goodwill)3,3403,4672,5012,5232,5452,5932,645
Regulated entity, other noncurrent assets     7 
Restricted cash and investments  11  106
Deferred costs  22155 12
Deferred income tax assets111153✕✕✕✕✕
Other noncurrent assets2061391371191191457
Other undisclosed noncurrent assets1,629 2604911,0791,109438
Total noncurrent assets:9,36610,1467,6957,8587,3617,4856,826
TOTAL ASSETS:10,33311,1498,1738,3298,0048,0478,376
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:17416012813711592588
Interest and dividends payable1741601281371159280
Other undisclosed accounts payable and accrued liabilities      507
Deferred revenue1,7211,930✕✕✕✕✕
Debt123555 
Due to related parties 443334
Deferred revenue and credits✕✕✕1,8821,8331,7721,634
Contract with customer, liability✕✕1,932✕✕✕✕
Other undisclosed current liabilities1,2711,19773579471362588
Total current liabilities:3,1673,2932,8032,8222,6692,4962,314
Noncurrent Liabilities
Long-term debt and lease obligation, including:8,4997,8426,8856,7415,8435,444 
Finance lease, liability 1✕✕✕✕✕
Operating lease, liability419456✕✕✕✕✕
Other undisclosed long-term debt and lease obligation8,0807,3856,8856,7415,8435,444 
Liabilities, other than long-term debt563306264282284273258
Deferred revenue and credits✕✕✕175176158152
Deferred revenue118130✕✕✕✕✕
Contract with customer, liability✕✕149✕✕✕✕
Deferred tax liabilities, net✕✕  67 
Deferred income tax liabilities26670✕✕✕✕✕
Liability for uncertainty in income taxes30129    
Due to related parties  4781114
Other liabilities14994102100949892
Other undisclosed noncurrent liabilities389444398  4,494
Total noncurrent liabilities:9,4518,5927,1877,0326,1275,7174,752
Total liabilities:12,61811,8859,9909,8538,7968,2137,066
Stockholders' equity
Stockholders' equity attributable to parent(2,285)(736)(1,817)(1,524)(792)(166)1,310
Common stock4445556
Treasury stock, value(19)  (17)(23)(24)(26)
Additional paid in capital 3952421,7143,1184,7846,772
Accumulated other comprehensive income (loss)158(6)18(0)(1)(0)
Accumulated deficit(2,285)(1,143)(2,057)(3,243)(3,891)(4,931)(5,441)
Total stockholders' equity:(2,285)(736)(1,817)(1,524)(792)(166)1,310
TOTAL LIABILITIES AND EQUITY:10,33311,1498,1738,3298,0048,0478,376

Income statement (P&L) ($ in millions)
Annual | Quarterly

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues8,0407,7945,7715,4255,0174,5704,181
Revenue, net✕✕✕4,6334,3353,9474,181
Cost of revenue(3,969)(3,854)(2,728)(2,561)(2,450)(2,331)(2,065)
Cost of goods and services sold (3,383) (148)(123)(107)(107)
Other undisclosed gross profit434471     
Gross profit:4,5054,4113,0432,8642,5672,2392,116
Operating expenses(3,213)(2,293)(1,316)(1,223)(1,135)(1,061)(996)
Other undisclosed operating loss(434)(471)     
Operating income:8581,6471,7271,6411,4321,1791,120
Nonoperating expense(428)(450)(306)(377)(340)(287)(289)
Interest and debt expense(40)(57)(350)(44)(24)(299)(269)
Income from continuing operations before equity method investments, income taxes:3901,1401,0711,2211,067593562
Income from equity method investments      6
Other undisclosed income from continuing operations before income taxes40573504424299 
Income from continuing operations before income taxes:4301,1971,4211,2641,092892567
Income tax expense(299)(283)(245)(616)(346)(382)(338)
Net income:1319141,176648746510230
Other undisclosed net income attributable to parent      263
Net income available to common stockholders, basic:1319141,176648746510493
Dilutive securities, effect on basic earnings per share87     
Net income available to common stockholders, diluted:1399211,176648746510493

Comprehensive Income ($ in millions)
Annual | Quarterly

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income:1319141,176648746510230
Other comprehensive income (loss) (5)9(11)   
Comprehensive income:1319091,185637746510230
Other undisclosed comprehensive income (loss), net of tax, attributable to parent719(38)300(0)263
Comprehensive income, net of tax, attributable to parent:1389281,147666746510493

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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