XML 32 R15.htm IDEA: XBRL DOCUMENT v3.3.1.900
Intangible Assets, Net
12 Months Ended
Dec. 31, 2015
Intangible Assets, Net (Excluding Goodwill) [Abstract]  
Intangible Assets, Net
Intangible Assets, Net
Intangible assets, net consist of the following (amounts in millions):
 
At December 31, 2015
 
Estimated
useful
lives
 
Gross
carrying
amount
 
Accumulated
amortization
 
Net
carrying
amount
Acquired definite-lived intangible assets:
 
 
 
 
 
 
 
License agreements and other
1 - 10 years
 
$
116

 
$
(93
)
 
$
23

Internally-developed franchises
11 years
 
309

 
(298
)
 
11

Developed software
5 years
 
15

 

 
15

Total definite-lived intangible assets
 
 
$
440

 
$
(391
)
 
$
49

Acquired indefinite-lived intangible assets:
 
 
 
 
 
 
 

Activision trademark
Indefinite
 
 
 
 
 
386

Acquired trade names
Indefinite
 
 
 
 
 
47

Total indefinite-lived intangible assets
 
 
 
 
 
 
$
433

 
At December 31, 2014
 
Estimated
useful
lives
 
Gross
carrying
amount
 
Accumulated
amortization
 
Net carrying
amount
Acquired definite-lived intangible assets:
 
 
 
 
 
 
 
License agreements and other
3 - 10 years
 
$
98

 
$
(92
)
 
$
6

Internally-developed franchises
11 years
 
309

 
(286
)
 
23

Total definite-lived intangible assets
 
 
$
407

 
$
(378
)
 
$
29

Acquired indefinite-lived intangible assets:
 
 
 
 
 
 
 

Activision trademark
Indefinite
 
 
 
 
 
386

Acquired trade names
Indefinite
 
 
 
 
 
47

Total indefinite-lived intangible assets
 
 
 
 
 
 
$
433


Amortization expense of intangible assets was $13 million, $13 million, and $24 million for the years ended December 31, 2015, 2014, and 2013, respectively.
At December 31, 2015, future amortization of definite-lived intangible assets is estimated as follows (amounts in millions):
2016
$
17

2017
12

2018
7

2019
5

2020
4

Thereafter
4

Total
$
49


We did not record any impairment charges against our intangible assets for the years ended December 31, 2015, 2014 and 2013.