Quarterly report pursuant to Section 13 or 15(d)

Other Intangible Assets, Net

v3.10.0.1
Other Intangible Assets, Net
 6 Months Ended
Jun. 30, 2018
Other Intangible Assets [Abstract]  
Intangible assets disclosure
Other Intangible Assets, Net
Other intangible assets consisted of the following:
 
June 30, 2018
 
December 31, 2017
 
(in millions)
Gross
cost

Accumulated
amortization

Other intangible assets, net

Gross
cost

Accumulated
amortization

Other intangible assets, net

Purchased and internally developed software
$
737

(586
)
151

710

(548
)
162

Affiliate and customer relationships
2,413

(2,405
)
8

2,419

(2,409
)
10

Debt origination fees
8

(4
)
4

8

(3
)
5

Trademarks (indefinite life)
2,428

—

2,428

2,428

—

2,428


$
5,586

(2,995
)
2,591

5,565

(2,960
)
2,605


The Company recorded amortization expense of $22 million and $65 million for the three months ended June 30, 2018 and 2017, respectively, related to other intangible assets. For the six months ended June 30, 2018 and 2017, amortization expense for other intangible assets was $45 million and $131 million, respectively. The decrease in amortization expense for each period is primarily due to the end of affiliation agreement terms for contracts in place at the time of Qurate Retail's acquisition of QVC in 2003.
As of June 30, 2018, the related amortization and interest expense for each of the next five years ended December 31 was as follows (in millions):
Remainder of 2018
$
50

2019
68

2020
36

2021
9

2022
—