Goodwill and Other Intangibles

9 Months Ended

Sep. 28, 2019

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Other Intangibles

5 Goodwill and Other Intangibles

The carrying amount of goodwill was $354 million

and $356 million

at September 28, 2019 and December 31, 2018

, respectiv

ely

The Company’s intangible assets included in the consolidated balance sheets are detailed as follows (dollars in thousands):


	September 28, 2019						December 31, 2018
	Gross Carrying Amount		Accumulated Amortization		Weighted- Average Amortization Period		Gross Carrying Amount		Accumulated Amortization		Weighted- Average Amortization Period
Capitalized software	$	464,983	$	320,309		5 years	$	454,307	$	307,634		5 years
Purchased intangibles		199,441		149,017		11 years		201,566		144,184		11 years
Trademarks and IPR&D		13,581		—		—		13,677		—		—
Licenses		5,455		5,046		6 years		5,568		4,875		6 years
Patents and other intangibles		80,765		52,243		8 years		77,753		49,276		8 years

Total	$	764,225	$	526,615		7 years	$	752,871	$	505,969		7 years

The gross carrying value of intangible assets and accumulated amortization for intangible assets decreased by

$20 million

and $16 millio

n, respectively,

in the nine months ended September 28, 2019 due to the effects of foreign currency translation. Amortization expense for intangible assets was $13 million

and $12 million

for the three months ended September 28, 2019 and September 29, 2018

, respectively

. Amortization expense for intangible assets was $38 million for both the nine months ended September 28, 2019 and September 29, 2018. Amortization expense for intangible assets is estimated to be $50 million per year for each of the next five years.