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Goodwill and Other Intangible Assets (Tables) | 12 Months Ended
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Dec. 31, 2014
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill | The change in the carrying amount of goodwill by segment is shown below:
(in millions) | S&P Ratings |  | S&P Capital IQ |  | S&P DJ Indices |  | C&C |  | Total
Balance as of December 31, 2012 | $ | 130 |  |  | $ | 457 |  |  | $ | 380 |  |  | $ | 468 |  |  | $ | 1,435 |
Dispositions | — |  |  | (3 | ) |  | (4 | ) |  | (29 | ) |  | (36 | )
Other (primarily Fx) | (5 | ) |  | 15 |  |  | — |  |  | — |  |  | 10 |
Balance as of December 31, 2013 | 125 |  |  | 469 |  |  | 376 |  |  | 439 |  |  | 1,409 |
Acquisitions | 4 |  |  | — |  |  | — |  |  | 38 |  |  | 42 |
Dispositions | — |  |  | — |  |  | — |  |  | (32 | ) |  | (32 | )
Other (primarily Fx) | (7 | ) |  | (17 | ) |  | — |  |  | (8 | ) |  | (32 | )
Balance as of December 31, 2014 | $ | 122 |  |  | $ | 452 |  |  | $ | 376 |  |  | $ | 437 |  |  | $ | 1,387 |
Other Intangible Assets | The following table summarizes our definite-lived intangible assets:
(in millions) |  |  |  |  |  |  |  |  |  |  |
Cost | Databases and software |  | Content |  | Customer relationships |  | Tradenames |  | Other intangibles |  | Total
Balance as of December 31, 2012 | $ | 126 |  |  | $ | 139 |  |  | $ | 225 |  |  | $ | 45 |  |  | $ | 159 |  |  | $ | 694 |
Acquisitions | — |  |  | — |  |  | — |  |  | — |  |  | 44 |  |  | 44 |
Dispositions | (9 | ) |  | — |  |  | — |  |  | — |  |  | (13 | ) |  | (22 | )
Impairment 1 | — |  |  | — |  |  | — |  |  | — |  |  | (26 | ) |  | (26 | )
Other (primarily Fx) | (2 | ) |  | — |  |  | — |  |  | — |  |  | (6 | ) |  | (8 | )
Balance as of December 31, 2013 | 115 |  |  | 139 |  |  | 225 |  |  | 45 |  |  | 158 |  |  | 682 |
Acquisitions | — |  |  | — |  |  | — |  |  | — |  |  | 13 |  |  | 13 |
Transfers | — |  |  | — |  |  | — |  |  | — |  |  | (44 | ) |  | (44 | )
Other (primarily Fx) | (2 | ) |  | — |  |  | 3 |  |  | 1 |  |  | (16 | ) |  | (14 | )
Balance as of December 31, 2014 | $ | 113 |  |  | $ | 139 |  |  | $ | 228 |  |  | $ | 46 |  |  | $ | 111 |  |  | $ | 637 |
Accumulated amortization |  |  |  |  |  |  |  |  |  |  |
Balance as of December 31, 2012 | $ | 80 |  |  | $ | 31 |  |  | $ | 55 |  |  | $ | 30 |  |  | $ | 49 |  |  | $ | 245 |
Current year amortization | 9 |  |  | 14 |  |  | 11 |  |  | 2 |  |  | 15 |  |  | 51 |
Dispositions | (6 | ) |  | — |  |  | — |  |  | — |  |  | (9 | ) |  | (15 | )
Other (primarily Fx) | — |  |  | — |  |  | 1 |  |  | — |  |  | 1 |  |  | 2 |
Balance as of December 31, 2013 | 83 |  |  | 45 |  |  | 67 |  |  | 32 |  |  | 56 |  |  | 283 |
Current year amortization | 6 |  |  | 14 |  |  | 13 |  |  | 3 |  |  | 12 |  |  | 48 |
Other (primarily Fx) | (1 | ) |  | — |  |  | — |  |  | — |  |  | (4 | ) |  | (5 | )
Balance as of December 31, 2014 | $ | 88 |  |  | $ | 59 |  |  | $ | 80 |  |  | $ | 35 |  |  | $ | 64 |  |  | $ | 326 |
Net definite-lived intangibles: |  |  |  |  |  |  |  |  |  |  |
December 31, 2013 | $ | 32 |  |  | $ | 94 |  |  | $ | 158 |  |  | $ | 13 |  |  | $ | 102 |  |  | $ | 399 |
December 31, 2014 | $ | 25 |  |  | $ | 80 |  |  | $ | 148 |  |  | $ | 11 |  |  | $ | 47 |  |  | $ | 311 |
1 | We incurred a $26 million non-cash impairment charge associated with an intangible asset acquired through the formation of our S&P Dow Jones Indices LLC joint venture.
Amortization expense and projected amortization expense for intangible assets | Amortization expense for the years ended December 31, 2014, 2013 and 2012, and the projected amortization expense for intangible assets over the next five years for the years ended December 31, assuming no further acquisitions or dispositions, is as follows:
(in millions) | Amortization expense |  | Expected amortization expense
2012 | $ | 48 |  |  |
2013 | 51 |  |  |
2014 | 48 |  |  |
2015 |  |  | $ | 47 |
2016 |  |  | 47 |
2017 |  |  | 44 |
2018 |  |  | 37 |
2019 |  |  | 29 |

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