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Goodwill and Intangible Assets (Tables)
3 Months Ended
Mar. 31, 2017
Schedule of Goodwill by Segment

Goodwill by segment below reflects our current segment structure for both periods presented:

 

     As of March 31,        As of December 31,  
     2017        2016  
     (in millions)  

Latin America

   $ 947        $ 897  

AMEA

     3,388          3,324  

Europe

     7,289          7,170  

North America

     8,891          8,885  
  

 

 

      

 

 

 

Goodwill

   $                 20,515        $                   20,276  
  

 

 

      

 

 

 

Intangible Assets Disclosure

Intangible assets consisted of the following:

 

     As of March 31,     As of December 31,  
     2017     2016  
       (in millions)  

Non-amortizable intangible assets

   $ 17,229     $ 17,004  

Amortizable intangible assets

     2,349       2,315  
  

 

 

   

 

 

 
     19,578       19,319  

Accumulated amortization

     (1,281     (1,218
  

 

 

   

 

 

 

Intangible assets, net

   $                 18,297     $ 18,101  
  

 

 

   

 

 

 

Changes in Goodwill and Intangible Assets

Changes in goodwill and intangible assets consisted of:

 

            Intangible  
     Goodwill      Assets, at cost  
     (in millions)  

Balance at January 1, 2017

   $ 20,276      $ 19,319  

Currency

     239        259  
  

 

 

    

 

 

 

Balance at March 31, 2017

   $                 20,515      $                 19,578