Annual report pursuant to Section 13 and 15(d)

Other Intangible Assets, Net

v2.4.1.9
Other Intangible Assets, Net
 12 Months Ended
Dec. 31, 2014
Other Intangible Assets [Abstract]  
Intangible Assets Disclosure
Other Intangible Assets, Net
Other intangible assets consisted of the following:
 
December 31,
 
Weighted average remaining life (years)

 
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
$
568

(369
)
199

615

(393
)
222

2.3

Affiliate and customer relationships
2,428

(1,958
)
470

2,450

(1,802
)
648

2.8

Debt origination fees
60

(14
)
46

51

(13
)
38

10.0

Trademarks (indefinite life)
2,428

—

2,428

2,428

—

2,428

—


$
5,484

(2,341
)
3,143

5,544

(2,208
)
3,336

3.1


Disposal of fully amortized assets reduced other intangible assets and accumulated amortization $80 million with no impact to earnings for the year ended December 31, 2014.
Amortization expense for other intangible assets was $267 million, $254 million and $237 million for the years ended December 31, 2014, 2013 and 2012, respectively.
As of December 31, 2014, the related amortization and interest expense for each of the next five years ended December 31 was as follows (in millions):
2015
$
279

2016
248

2017
154

2018
9

2019
8

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.