Intangible Assets, Net

3 Months Ended

Mar. 31, 2015

Intangible Assets, Net

Intangible Assets, Net

4.       Intangible Assets, Net

Intangible assets, net consist of the following (amounts in millions):

		At March 31, 2015
		Estimated	Gross
		useful	carrying		Accumulated		Net carrying
		lives	amount		amortization		amount
Acquired definite-lived intangible assets:
	License agreements and other	3 - 10 years	$	98	$	(92)	$	6
	Internally-developed franchises	11 - 12 years		309		(287)		22
Total definite-lived intangible assets			$	407	$	(379)	$	28
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	Gross
		useful	carrying		Accumulated		Net carrying
		lives	amount		amortization		amount
Acquired definite-lived intangible assets:
	License agreements and other	3 - 10 years	$	98	$	(92)	$	6
	Internally-developed franchises	11 - 12 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 $1 millionand $2 million for the three months ended March 31, 2015and 2014, respectively.

At March 31, 2015, future amortization of definite-lived intangible assets is estimated as follows (amounts in millions):

2015 (remaining nine months)	$	10
2016		8
2017		5
2018		3
2019		2
Total	$	28