XML 22 R12.htm IDEA: XBRL DOCUMENT v3.10.0.1
Goodwill, Customer Relationships and Other Intangible Assets
9 Months Ended
Sep. 30, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill, Customer Relationships and Other Intangible Assets
(3) Goodwill, Customer Relationships and Other Intangible Assets
Goodwill, customer relationships and other intangible assets consisted of the following:
 
September 30, 2018
 
December 31, 2017
 
(Dollars in millions)
Goodwill
$
11,132

 
10,837

Customer relationships, less accumulated amortization of $659 and $126
$
7,801

 
8,845

Other intangible assets subject to amortization:
 
 
 
  Trade names, less accumulated amortization of $24 and $4
106

 
126

  Developed technology, less accumulated amortization of $51 and $9
295

 
252

Total other intangible assets, net
$
401

 
378



Our goodwill balance at December 31, 2017 includes $16 million of goodwill that was allocated to us from CenturyLink associated with differences in the deferred state income taxes that CenturyLink expects to realize due to its consolidation of our results of operations into its state tax returns.

Total amortization expense for intangible assets for the successor three and nine months ended September 30, 2018 was $204 million and $595 million, respectively, and the predecessor three and nine months ended September 30, 2017 was $49 million and $153 million, respectively. As of the successor date of September 30, 2018, the gross carrying amount of goodwill, customer relationships, indefinite-life and other intangible assets was $20.1 billion.

We estimate that total amortization expense for intangible assets for the successor years ending December 31, 2018 through 2022 will be as follows:
 
(Dollars in millions)
2018 (remaining three months)
$
202

2019
805

2020
805

2021
805

2022
794



The following table shows the rollforward of goodwill from December 31, 2017 through September 30, 2018:
 
(Dollars in millions)
As of December 31, 2017
$
10,837

Purchase accounting and other adjustments
353

Effect of foreign currency rate change
(58
)
As of September 30, 2018
$
11,132