Other Intangible Assets, Net

6 Months Ended

Jun. 30, 2011

Other Intangible Assets, Net [Abstract]

OTHER INTANGIBLE ASSETS, NET

11.   OTHER INTANGIBLE ASSETS, NET

Other intangible assets are classified into the following categories:

•   ‘Customer and Marketing Related’, including:

•   client relationships;

•   client lists;

•   non-compete agreements;

•   trade names; and

•   ‘Contract based, Technology and Other’ includes all other purchased intangible assets.

The major classes of amortizable intangible assets are as follows:

	June 30, 2011							December 31, 2010
	Gross					Net		Gross					Net
	carrying		Accumulated			carrying		carrying		Accumulated			carrying
	amount		amortization			amount		amount		amortization			amount
	(millions)
Customer and Marketing Related:
Client Relationships	$	705	$	(247	)	$	458	$	695	$	(207	)	$	488
Client Lists		8		(7	)		1		9		(7	)		2
Non-compete Agreements		36		(36	)		—		36		(36	)		—
Trade Names		11		(10	)		1		11		(10	)		1
Total Customer and Marketing Related		760		(300	)		460		751		(260	)		491
Contract based, Technology and Other		4		(3	)		1		4		(3	)		1
Total amortizable intangible assets	$	764	$	(303	)	$	461	$	755	$	(263	)	$	492

The aggregate amortization of intangible assets for the six months ended June 30, 2011 was $34 million (2010: $42 million), of which $17 million was recognized in the three months ended June 30, 2011 (2010: $21 million). The estimated aggregate amortization of intangible assets for each of the next five years ended December 31 is as follows:

	Remainder of
	2011		2012		2013		2014		2015		Thereafter		Total
	(millions)
Amortization of intangible assets	$	34	$	61	$	53	$	45	$	38	$	230	$	461