v2.4.0.6
Intangible Assets, Net
3 Months Ended
Mar. 31, 2012
Intangible Assets, Net (Excluding Goodwill) [Abstract]  
Intangible Assets, Net
Intangible Assets, net

The following table summarizes the components of Intangible assets, net (dollars in millions):
 
March 31, 2012
 
December 31, 2011
 
 
Gross
Carrying
Amount
 

Accumulated
Amortization
 
Net
Carrying
Amount
 
Gross
Carrying
Amount
 

Accumulated
Amortization
 
Net
Carrying
Amount
Technology and intellectual property
 
$
7,763

 
$
5,393

 
$
2,370

 
$
7,751

 
$
5,081

 
$
2,670

Brands
 
5,440

 
414

 
5,026

 
5,410

 
374

 
5,036

Dealer network and customer relationships
 
2,169

 
354

 
1,815

 
2,138

 
322

 
1,816

Favorable contracts
 
519

 
220

 
299

 
514

 
200

 
314

Other
 
17

 
15

 
2

 
17

 
14

 
3

Total amortizing intangible assets
 
15,908

 
6,396

 
9,512

 
15,830

 
5,991

 
9,839

Non amortizing in process research and development
 
175

 


 
175

 
175

 


 
175

Total intangible assets
 
$
16,083

 
$
6,396

 
$
9,687

 
$
16,005

 
$
5,991

 
$
10,014



Amortization expense related to intangible assets was $398 million and $503 million in the three months ended March 31, 2012 and 2011.

The following table summarizes estimated amortization expense related to intangible assets in each of the next five years (dollars in millions):
 
Estimated Amortization
Expense
2013
$
1,229

2014
$
611

2015
$
313

2016
$
314

2017
$
311