XML 70 R11.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Goodwill and Intangible Assets
12 Months Ended
Dec. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets Goodwill and Intangible Assets

Goodwill

The following table presents goodwill activity by reportable segment for the years ended December 31, 2019 and 2018 (in millions):
 
December 31,
2017
 
Goodwill
Acquired
 
Adjustments
 
December 31,
2018
 
Goodwill
Acquired
 
Adjustments
 
December 31,
2019
Marketplace
$
4,186

 
$
532

 
$
(124
)
 
$
4,594

 
$

 
$
(60
)
 
$
4,534

StubHub
233

 

 
(6
)
 
227

 

 
(4
)
 
223

Classifieds
354

 

 
(15
)
 
339

 
65

 
(8
)
 
396

Total
$
4,773

 
$
532

 
$
(145
)
 
$
5,160

 
$
65

 
$
(72
)
 
$
5,153



The adjustments to goodwill during the years ended December 31, 2019 and 2018 were primarily due to foreign currency translation. There were no impairments to goodwill in 2019 and 2018.

Intangible Assets

The components of identifiable intangible assets are as follows (in millions, except years): 
 
December 31, 2019
 
December 31, 2018
 
Gross Carrying Amount  
 
Accumulated Amortization 
 
Net Carrying Amount
 
Weighted Average Useful Life (Years)
 
Gross Carrying Amount 
 
Accumulated Amortization 
 
Net Carrying Amount
 
Weighted Average Useful Life (Years)
Intangible assets:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Customer lists and user base
$
502

 
$
(448
)
 
$
54

 
5
 
$
519

 
$
(445
)
 
$
74

 
5
Marketing-related
540

 
(535
)
 
5

 
5
 
584

 
(578
)
 
6

 
5
Developed technologies
272

 
(267
)
 
5

 
3
 
278

 
(269
)
 
9

 
3
All other
161

 
(158
)
 
3

 
4
 
160

 
(157
)
 
3

 
4
Total
$
1,475

 
$
(1,408
)
 
$
67

 
 
 
$
1,541

 
$
(1,449
)
 
$
92

 
 

  
Amortization expense for intangible assets was $55 million, $63 million and $64 million for the years ended December 31, 2019, 2018 and 2017, respectively.

Expected future intangible asset amortization as of December 31, 2019 is as follows (in millions):
Fiscal year:
 
2020
$
45

2021
18

2022
2

2023
2

2024

Total
$
67