XML 137 R52.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
INTANGIBLE ASSETS (Tables)
 12 Months Ended
Dec. 31, 2019
Intangible Assets, Net (Excluding Goodwill) [Abstract]  
Schedule of intangible assets

The following table provides the weighted average amortization rate, gross carrying value, accumulated amortization and net carrying value for each of our major classes of intangible assets:
 
Weighted Average

 
 

 
Accumulated

 
 

December 31, 20191
Amortization Rate

 
Cost 

 
Amortization

 
Net

(millions of Canadian dollars)
 

 
 

 
 

 
 

Customer relationships
5.4
%
 
861

 
(231
)
 
630

Power purchase agreements
4.5
%
 
64

 
(16
)
 
48

Project agreement2
4.0
%
 
156

 
(16
)
 
140

Software
11.2
%
 
1,988

 
(1,014
)
 
974

Other intangible assets3
2.9
%
 
463

 
(82
)
 
381

 
 

 
3,532

 
(1,359
)
 
2,173


 
Weighted Average

 
 

 
Accumulated

 
 

December 31, 20181
Amortization Rate

 
Cost 

 
Amortization

 
Net

(millions of Canadian dollars)
 

 
 

 
 

 
 

Customer relationships
5.7
%
 
889

 
(187
)
 
702

Power purchase agreements
5.4
%
 
82

 
(15
)
 
67

Project agreement2
4.0
%
 
164

 
(10
)
 
154

Software
10.0
%
 
1,902

 
(875
)
 
1,027

Other intangible assets3
2.0
%
 
485

 
(63
)
 
422

 
 

 
3,522

 
(1,150
)
 
2,372


1 Certain assets were reclassified as held for sale as at December 31, 2019 and December 31, 2018 (Note 8).
2 Represents a project agreement acquired from the Merger Transaction (Note 8).
3 The measurement of weighted average amortization rate excludes non-depreciable intangible assets.
Schedule of future amortization expense The following table presents our expected amortization expense associated with existing intangible assets for the years indicated as follows:
 
2020
2021
2022
2023
2024
Forecast of amortization expense
(millions of Canadian dollars)
292
263
238
216
195