Annual report pursuant to Section 13 and 15(d)

Other Intangible Assets, Net

v3.3.1.900
Other Intangible Assets, Net
 12 Months Ended
Dec. 31, 2015
Other Intangible Assets [Abstract]  
Intangible assets disclosure
Other Intangible Assets, Net
Other intangible assets consisted of the following:
December 31,
 
 
 
2015
 
2014
 
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
$
625

(418
)
207

568

(369
)
199

2.3
Affiliate and customer relationships
2,409

(2,115
)
294

2,428

(1,958
)
470

1.8
Debt origination fees
9

(2
)
7

8

(3
)
5

4.2
Trademarks (indefinite life)
2,428

—

2,428

2,428

—

2,428

N/A

$
5,471

(2,535
)
2,936

5,432

(2,330
)
3,102

2.1

N/A - Not applicable.
Disposal of fully amortized assets reduced other intangible assets and accumulated amortization by $15 million and $80 million with no impact to earnings for the years ended December 31, 2015 and 2014.
Amortization expense for other intangible assets was $265 million, $267 million and $254 million for the years ended December 31, 2015, 2014 and 2013, respectively.
As of December 31, 2015, the related amortization and interest expense for each of the next five years ended December 31 was as follows (in millions):
2016
$
273

2017
183

2018
43

2019
6

2020
3

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.