Annual report pursuant to Section 13 and 15(d)

Other Intangible Assets, Net

v3.6.0.2
Other Intangible Assets, Net
 12 Months Ended
Dec. 31, 2016
Other Intangible Assets [Abstract]  
Intangible assets disclosure
Other Intangible Assets, Net
Other intangible assets consisted of the following:
December 31,
 
 
 
2016
 
2015
 
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
$
646

(466
)
180

625

(418
)
207

2.6
Affiliate and customer relationships
2,397

(2,274
)
123

2,409

(2,115
)
294

1.0
Debt origination fees
8

(1
)
7

9

(2
)
7

4.5
Trademarks (indefinite life)
2,428

—

2,428

2,428

—

2,428

N/A
 
$
5,479

(2,741
)
2,738

5,471

(2,535
)
2,936

2.0

N/A - Not applicable.
Disposal of assets reduced other intangible assets by $52 million and $29 million for the years ended December 31, 2016 and 2015.
Amortization expense for other intangible assets was $270 million, $265 million and $267 million for the years ended December 31, 2016, 2015 and 2014, respectively.
As of December 31, 2016, the related amortization and interest expense for each of the next five years ended December 31 was as follows (in millions):
2017
$
204

2018
68

2019
32

2020
5

2021
1

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.