Intangible Assets and Goodwill

12 Months Ended

Sep. 30, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Note 8—Intangible Assets and Goodwill

Indefinite-lived and finite-lived intangible assets consisted of the following:


	September 30,
	2020						2019
	Gross		Accumulated Amortization		Net		Gross		Accumulated Amortization		Net
	(in millions)
Finite-lived intangible assets:
Customer relationships	$	709	$	(376)	$	333	$	701	$	(314)	$	387
Trade names	199		(134)		65		199		(120)		79
Reseller relationships	95		(89)		6		95		(86)		9
Other	17		(14)		3		17		(13)		4
Total finite-lived intangible assets	1,020		(613)		407		1,012		(533)		479
Indefinite-lived intangible assets:
Customer relationships and reacquired rights	23,317		—		23,317		22,217		—		22,217
Visa trade name	4,084		—		4,084		4,084		—		4,084
Total indefinite-lived intangible assets	27,401		—		27,401		26,301		—		26,301
Total intangible assets	$	28,421	$	(613)	$	27,808	$	27,313	$	(533)	$	26,780

For fiscal 2020, 2019 and 2018, amortization expense related to finite-lived intangible assets was $80 million, $60 million and $55 million, respectively.

At September 30, 2020, estimated future amortization expense on finite-lived intangible assets is as follows:


	For the Years Ending September 30,
	2021		2022		2023		2024		2025		Thereafter		Total
	(in millions)
Estimated future amortization expense	$	81	$	76	$	52	$	50	$	40	$	108	$	407

The change in goodwill during the years ended September 30, 2020 and 2019 are as follows:


	2020		2019
	(in millions)
Goodwill, beginning of period	$	15,656	$	15,194
Goodwill from acquisitions, net of adjustments	48		643
Foreign currency translation	206		(181)
Goodwill, end of period	$	15,910	$	15,656

For additional information on acquisitions, see Note 2—Acquisitions.

There was no impairment related to the Company’s finite-lived or indefinite-lived intangible assets (including goodwill) during fiscal 2020, 2019 or 2018.