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Goodwill and Intangible Assets (Tables)
9 Months Ended
Sep. 30, 2017
Schedule of Goodwill by Segment

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

 

                                     
     As of September 30,      As of December 31,  
     2017      2016  
       (in millions)  

Latin America

   $ 947      $ 897  

AMEA

     3,349        3,324  

Europe

     7,837        7,170  

North America

     8,938        8,885  
  

 

 

    

 

 

 

Goodwill

   $ 21,071      $ 20,276  
  

 

 

    

 

 

 
Intangible Assets Disclosure

Intangible assets consisted of the following:

 

                                     
     As of September 30,      As of December 31,  
     2017      2016  
       (in millions)  

Non-amortizable intangible assets

   $ 17,625      $ 17,004  

Amortizable intangible assets

     2,414        2,315  
  

 

 

    

 

 

 
     20,039        19,319  

Accumulated amortization

     (1,401      (1,218
  

 

 

    

 

 

 

Intangible assets, net

   $ 18,638      $ 18,101  
  

 

 

    

 

 

 
Changes in Goodwill and Intangible Assets

Changes in goodwill and intangible assets consisted of:

 

                                     
               Goodwill                   Intangible    
    Assets, at cost    
 
     (in millions)  

Balance at January 1, 2017

   $ 20,276      $ 19,319  

Currency

     889        898  

Divestitures

     (109      (62

Acquisition

     15        (7

Asset impairments

            (109
  

 

 

    

 

 

 

Balance at September 30, 2017

   $ 21,071      $ 20,039