Annual report pursuant to Section 13 and 15(d)

Goodwill and Other Intangible Assets, Net (Tables)

v3.19.3.a.u2
Goodwill and Other Intangible Assets, Net (Tables)
12 Months Ended
Dec. 31, 2019
Goodwill [Line Items]  
Schedule of acquired intangible assets by class
Other intangible assets consisted of the following:
December 31,
 
 
 
2019
 
2018
 
Weighted average remaining life (years)
(in millions)
Gross
cost

Accumulated
amortization

Other intangible assets, net

Gross
cost

Accumulated
amortization

Other intangible assets, net

Purchased and internally developed software
$
885

(603
)
282

890

(640
)
250

3
Affiliate and customer relationships
2,829

(2,499
)
330

2,831

(2,450
)
381

7
Debt origination fees
10

(2
)
8

10


10

4
Tradenames (indefinite life)
2,878


2,878

3,025


3,025

N/A
 
$
6,602

(3,104
)
3,498

6,756

(3,090
)
3,666


Schedule of finite-lived intangible assets future amortization expense
As of December 31, 2019, the related amortization and interest expense for each of the next five years ending December 31 was as follows (in millions):
2020
$
123

2021
142

2022
124

2023
75

2024
62