Quarterly report pursuant to Section 13 or 15(d)

Other Intangible Assets, Net

v3.2.0.727
Other Intangible Assets, Net
 6 Months Ended
Jun. 30, 2015
Other Intangible Assets [Abstract]  
Intangible assets disclosure
Other Intangible Assets, Net
Other intangible assets consisted of the following:
 
June 30, 2015
 
December 31, 2014
 
(in millions)
Gross
cost

Accumulated
amortization

Other intangible assets, net

Gross
cost

Accumulated
amortization

Other intangible assets, net

Purchased and internally developed software
$
579

(394
)
185

568

(369
)
199

Affiliate and customer relationships
2,415

(2,034
)
381

2,428

(1,958
)
470

Debt origination fees
53

(10
)
43

60

(14
)
46

Trademarks (indefinite life)
2,428

—

2,428

2,428

—

2,428


$
5,475

(2,438
)
3,037

5,484

(2,341
)
3,143


The Company recorded amortization expense of $65 million and $66 million for the three months ended June 30, 2015 and 2014, respectively, related to other intangible assets. For the six months ended June 30, 2015 and 2014, amortization expense for other intangible assets was $138 million and $130 million, respectively.
As of June 30, 2015, the related amortization and interest expense for each of the next five years ended December 31 was as follows (in millions):
Remainder of 2015
$
136

2016
259

2017
168

2018
20

2019
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 Liberty's acquisition of QVC in 2003.