Quarterly report pursuant to Section 13 or 15(d)

Other Intangible Assets, Net

v3.19.2
Other Intangible Assets, Net
 6 Months Ended
Jun. 30, 2019
Other Intangible Assets [Abstract]  
Intangible assets disclosure
Other Intangible Assets, Net
Other intangible assets consisted of the following:
 
June 30, 2019
 
December 31, 2018
 
(in millions)
Gross
cost

Accumulated
amortization

Other intangible assets, net

Gross
cost

Accumulated
amortization

Other intangible assets, net

Purchased and internally developed software
$
937

(666
)
271

890

(640
)
250

Affiliate and customer relationships
2,830

(2,474
)
356

2,831

(2,450
)
381

Debt origination fees
10

(1
)
9

10

—

10

Trademarks (indefinite life)
3,025

—

3,025

3,025

—

3,025


$
6,802

(3,141
)
3,661

6,756

(3,090
)
3,666


The Company recorded amortization expense of $38 million and $39 million for the three months ended June 30, 2019 and 2018, respectively, related to other intangible assets. For the six months ended June 30, 2019 and 2018, amortization expense for other intangible assets was $76 million and $79 million, respectively.
As of June 30, 2019, the related amortization and interest expense for each of the next five years ended December 31 was as follows (in millions):
Remainder of 2019
$
84

2020
136

2021
112

2022
81

2023
67