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Goodwill and Other Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2015
Goodwill and Intangible Assets Disclosure [Abstract]  
Change in Carrying Amount of Goodwill
The change in the carrying amount of goodwill by segment is shown below:
(in millions)
S&P Ratings
 
S&P Capital IQ and SNL
 
S&P DJ Indices
 
C&C
 
Total
Balance as of December 31, 2013
$
125

 
$
469

 
$
376

 
$
439

 
$
1,409

Acquisitions
4



 

 
38

 
42

Dispositions

 

 

 
(32
)
 
(32
)
Other (primarily Fx)
(7
)
 
(17
)
 

 
(8
)
 
(32
)
Balance as of December 31, 2014
122

 
452

 
376

 
437

 
1,387

Acquisitions

 
1,563

 

 
39

 
1,602

  Reclassifications 1

 

 

 
(75
)
 
(75
)
Other (primarily Fx)
(8
)
 
(17
)
 

 
(7
)
 
(32
)
Balance as of December 31, 2015
$
114

 
$
1,998

 
$
376

 
$
394

 
$
2,882


1 
Relates to J.D. Power, which is classified as assets held for sale in our consolidated balance sheet as of December 31, 2015.
Other Intangible Assets
The following table summarizes our definite-lived intangible assets:
(in millions)
 
 
 
 
 
 
 
 
 
 
 
Cost
Databases and software
 
Content
 
Customer relationships
 
Tradenames
 
Other intangibles
 
Total
Balance as of December 31, 2013
$
115

 
$
139

 
$
225

 
$
45

 
$
158

 
$
682

   Acquisitions

 

 

 

 
13

 
13

     Transfers

 

 

 

 
(44
)
 
(44
)
     Other (primarily Fx)
(2
)
 

 
3

 
1

 
(16
)
 
(14
)
Balance as of December 31, 2014
113

 
139

 
228

 
46

 
111

 
637

   Acquisitions
421

 

 

 

 
177

 
598

     Reclassifications 1
(19
)
 

 
(62
)
 
(2
)
 
(8
)
 
(91
)
     Other (primarily Fx)
(5
)
 

 
2

 
3

 
(11
)
 
(11
)
Balance as of December 31, 2015
$
510

 
$
139

 
$
168

 
$
47

 
$
269

 
$
1,133

 
 
 
 
 
 
 
 
 
 
 
 
Accumulated amortization
 
 
 
 
 
 
 
 
 
 
 
Balance as of December 31, 2013
$
83

 
$
45

 
$
67

 
$
32

 
$
56

 
$
283

Current year amortization
6

 
14

 
13

 
3

 
12

 
48

     Other (primarily Fx)
(1
)
 

 

 

 
(4
)
 
(5
)
Balance as of December 31, 2014
88

 
59

 
80

 
35

 
64

 
326

Current year amortization
20

 
14

 
9

 
2

 
22

 
67

     Reclassifications 1
(18
)
 

 
(30
)
 
(2
)
 
(14
)
 
(64
)
     Other (primarily Fx)
(2
)
 

 
1

 
1

 
(5
)
 
(5
)
Balance as of December 31, 2015
$
88

 
$
73

 
$
60

 
$
36

 
$
67

 
$
324

 
 
 
 
 
 
 
 
 
 
 
 
Net definite-lived intangibles:
 
 
 
 
 
 
 
 
 
 
 
December 31, 2014
$
25

 
$
80

 
$
148

 
$
11

 
$
47

 
$
311

December 31, 2015
$
422

 
$
66

 
$
108

 
$
11

 
$
202

 
$
809


1 
Relates to J.D. Power, which is classified as assets held for sale in our consolidated balance sheet as of December 31, 2015.
Projected Amortization Expense for Intangible Assets
Expected amortization expense for intangible assets over the next five years for the years ended December 31, assuming no further acquisitions or dispositions, is as follows:
(in millions)
2016
 
2017
 
2018
 
2019
 
2020
Amortization expense 1
$
98

 
$
93

 
$
86

 
$
81

 
$
74


1 
Amortization expense excludes J.D. Power, which is expected to be sold in the next year.