Registration of securities issued in business combination transactions

Other Intangible Assets, Net (Tables)

v2.4.0.8
Other Intangible Assets, Net (Tables)
6 Months Ended 12 Months Ended
Jun. 30, 2014
Dec. 31, 2013
Other Intangible Assets [Abstract]    
Schedule of Acquired Intangible Assets by Class
Other intangible assets consisted of the following:
 
June 30,
 
December 31,
 
 
2014
 
2013
 
(in millions)
Gross
cost

Accumulated
amortization

Other intangible assets, net

Gross
cost

Accumulated
amortization

Other intangible assets, net

Purchased and internally developed software
$
630

(423
)
207

615

(393
)
222

Affiliate and customer relationships
2,451

(1,890
)
561

2,450

(1,802
)
648

Debt origination fees
64

(17
)
47

51

(13
)
38

Trademarks (indefinite life)
2,428


2,428

2,428


2,428


$
5,573

(2,330
)
3,243

5,544

(2,208
)
3,336

Other intangible assets consisted of the following:
 
December 31,
 
Weighted average remaining life (years)

 
2013
 
2012
 
(in millions)
Gross
cost

Accumulated
amortization

Gross
cost

Accumulated
amortization

Purchased and internally developed software
$
615

(393
)
575

(352
)
1.7

Affiliate and customer relationships
2,450

(1,802
)
2,445

(1,624
)
3.8

Debt origination fees
51

(13
)
54

(18
)
8.8

Trademarks (indefinite life)
2,428


2,429




$
5,544

(2,208
)
5,503

(1,994
)
3.5

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense
As of June 30, 2014, the related amortization expense and interest expense for each of the next five years ended December 31 was as follows (in millions):
Remainder of 2014
$
146

2015
270

2016
235

2017
135

2018
9

As of December 31, 2013, the related amortization expense and interest expense for each of the next five years ended December 31 was as follows (in millions):
2014
$
280

2015
259

2016
223

2017
122

2018
9

The decrease in future amortization expense in 2018 is primarily due to the end of the useful lives of the affiliate and customer relationships in place at the time of the Liberty acquisition of QVC in 2003.