XML 26 R14.htm IDEA: XBRL DOCUMENT v3.19.1
Goodwill And Other Intangibles
3 Months Ended
Mar. 31, 2019
Goodwill And Other Intangibles [Abstract]  
Goodwill And Other Intangibles

(6)      Goodwill and Other Intangibles:  



We are required to perform impairment tests related to our goodwill annually, which we perform as of December 31, or sooner if an indicator of impairment occurs. Goodwill, net of $3,429 million in accumulated goodwill impairments, was $6,383 million as of March 31, 2019 and December 31, 2018. During the first quarter of 2019, Frontier did not identify any triggering events that would indicate impairment of goodwill, or any other intangible assets.



The components of other intangibles are as follows:







 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

March 31, 2019

 

December 31, 2018



 

Gross Carrying

 

Accumulated

 

Net Carrying

 

Gross Carrying

 

Accumulated

 

Net Carrying

($ in millions)

 

Amount

 

Amortization

 

Amount

 

Amount

 

Amortization

 

Amount

    

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other Intangibles:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Customer base

 

$

5,188 

 

$

(3,975)

 

$

1,213 

 

$

5,188 

 

$

(3,848)

 

$

1,340 

Trade name

 

 

122 

 

 

 -

 

 

122 

 

 

122 

 

 

 -

 

 

122 

Royalty agreement

 

 

72 

 

 

(43)

 

 

29 

 

 

72 

 

 

(40)

 

 

32 

Total other intangibles

 

$

5,382 

 

$

(4,018)

 

$

1,364 

 

$

5,382 

 

$

(3,888)

 

$

1,494 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



Amortization expense was as follows:









 

 

 

 

 

 



 

For the three months ended March 31,

($ in millions)

 

2019

 

2018



 

 

 

 

 

 

Amortization expense

 

$

131 

 

$

160 



 

 

 

 

 

 



Amortization expense primarily represents the amortization of our customer base acquired as a result of our acquisitions in 2010, 2014, and 2016 with each based on a useful life of 8 to 12 years on an accelerated method.