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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2019
Accounting Policies [Abstract]  
Schedule of Finite Lived Intangible Assets
The following table is a summary of the Company’s intangible assets, which are included as a component of Other assets in the Company's Consolidated Balance Sheet, as of December 31, 2019 and 2018:
 
 
 
 
Year ended December 31, 2019
 
Year ended December 31, 2018
(in millions)
Weighted-average useful life (in years)
 
Gross carrying
amount
 
Accumulated
amortization
 
Gross carrying amount
 
Accumulated Amortization
Customer relationships/marketing agreements
12

 
$
14

 
$
13

 
$
27

 
$
25

Owned domestic slots (a)
Indefinite

 
295

 
n/a

 
295

 
n/a

Gate leasehold rights (b)

 

 

 
180

 
78

Total
12

 
$
309

 
$
13

 
$
502

 
$
103


(a) Intangible assets primarily consist of acquired rights to certain airport owned takeoff and landing slots (a "slot" is the right of an air carrier, pursuant to regulations of the Federal Aviation Administration ("FAA"), to operate a takeoff or landing at a specific time at certain airports) at certain domestic slot-controlled airports, and certain intangible assets acquired.
(b) Airport gate leasehold rights are classified as right-of-use assets upon adoption of the New Lease Standard. See Note 7.

Schedule of Change in Accounting Estimate The impact on expense and earnings from the accelerated depreciation were as follows:

(in millions, except per share amounts)
Year ended December 31, 2017
Depreciation and amortization expense
$
21

Net income *
$
(19
)
Net income per basic share
$
(0.03
)
Net income per diluted share
$
(0.03
)
* net of profitsharing benefit and income taxes