Quarterly report pursuant to Section 13 or 15(d)

Other Intangible Assets, Net

v3.4.0.3
Other Intangible Assets, Net
 3 Months Ended
Mar. 31, 2016
Other Intangible Assets [Abstract]  
Intangible assets disclosure
Other Intangible Assets, Net
Other intangible assets consisted of the following:
 
March 31, 2016
 
December 31, 2015
 
(in millions)
Gross
cost

Accumulated
amortization

Other intangible assets, net

Gross
cost

Accumulated
amortization

Other intangible assets, net

Purchased and internally developed software
$
643

(444
)
199

625

(418
)
207

Affiliate and customer relationships
2,413

(2,162
)
251

2,409

(2,115
)
294

Debt origination fees
9

(1
)
8

9

(2
)
7

Trademarks (indefinite life)
2,428

—

2,428

2,428

—

2,428


$
5,493

(2,607
)
2,886

5,471

(2,535
)
2,936


The Company recorded amortization expense of $67 million and $73 million for the three months ended March 31, 2016 and 2015, respectively, related to other intangible assets.
As of March 31, 2016, the related amortization and interest expense for each of the next five years ended December 31 was as follows (in millions):
Remainder of 2016
$
206

2017
188

2018
51

2019
11

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.