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Goodwill and Acquired Intangible Assets (Tables) | 3 Months Ended
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Mar. 31, 2017
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Changes in Goodwill | The following table presents the changes in goodwill by business segment during the three months ended March 31, 2017:
| Market Services |  | Corporate Services |  | Information Services |  | Market Technology |  | Total
| (in millions)
Balance at December 31, 2016 | $ | 3,390 |  |  | $ | 674 |  |  | $ | 1,806 |  |  | $ | 157 |  |  | $ | 6,027 |
Foreign currency translation adjustment | 22 |  |  | 3 |  |  | 13 |  |  | 5 |  |  | 43 |
Balance at March 31, 2017 | $ | 3,412 |  |  | $ | 677 |  |  | $ | 1,819 |  |  | $ | 162 |  |  | $ | 6,070 |
Schedule of Acquired Finite-Lived Intangible Assets | The following table presents details of our total acquired intangible assets, both finite- and indefinite-lived:
| March 31, 2017 |  | December 31, 2016
| Gross Amount |  | Accumulated Amortization |  | Net Amount |  | Weighted-Average Useful Life (in Years) |  | Gross Amount |  | Accumulated Amortization |  | Net Amount |  | Weighted-Average Useful Life (in Years)
| (in millions) |  |  |  | (in millions) |  |
Finite-Lived Intangible Assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Technology | $ | 38 |  |  | $ | (25 | ) |  | $ | 13 |  |  | 5 |  | $ | 38 |  |  | $ | (24 | ) |  | $ | 14 |  |  | 5
Customer relationships | 1,394 |  |  | (485 | ) |  | 909 |  |  | 18 |  | 1,394 |  |  | (464 | ) |  | 930 |  |  | 18
Other | 7 |  |  | (6 | ) |  | 1 |  |  | 6 |  | 7 |  |  | (6 | ) |  | 1 |  |  | 6
Foreign currency translation adjustment | (153 | ) |  | 56 |  |  | (97 | ) |  |  |  | (160 | ) |  | 58 |  |  | (102 | ) |  |
Total finite-lived intangible assets | $ | 1,286 |  |  | $ | (460 | ) |  | $ | 826 |  |  |  |  | $ | 1,279 |  |  | $ | (436 | ) |  | $ | 843 |  |  |
Indefinite-Lived Intangible Assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Exchange and clearing registrations | $ | 1,257 |  |  | $ | — |  |  | $ | 1,257 |  |  |  |  | $ | 1,257 |  |  | $ | — |  |  | $ | 1,257 |  |  |
Trade names | 129 |  |  | — |  |  | 129 |  |  |  |  | 130 |  |  | — |  |  | 130 |  |  |
Licenses | 52 |  |  | — |  |  | 52 |  |  |  |  | 52 |  |  | — |  |  | 52 |  |  |
Foreign currency translation adjustment | (182 | ) |  | — |  |  | (182 | ) |  |  |  | (188 | ) |  | — |  |  | (188 | ) |  |
Total indefinite-lived intangible assets | $ | 1,256 |  |  | $ | — |  |  | $ | 1,256 |  |  |  |  | $ | 1,251 |  |  | $ | — |  |  | $ | 1,251 |  |  |
Total intangible assets | $ | 2,542 |  |  | $ | (460 | ) |  | $ | 2,082 |  |  |  |  | $ | 2,530 |  |  | $ | (436 | ) |  | $ | 2,094 |  |  |
Schedule of Acquired Indefinite-lived Intangible Assets | The following table presents details of our total acquired intangible assets, both finite- and indefinite-lived:
| March 31, 2017 |  | December 31, 2016
| Gross Amount |  | Accumulated Amortization |  | Net Amount |  | Weighted-Average Useful Life (in Years) |  | Gross Amount |  | Accumulated Amortization |  | Net Amount |  | Weighted-Average Useful Life (in Years)
| (in millions) |  |  |  | (in millions) |  |
Finite-Lived Intangible Assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Technology | $ | 38 |  |  | $ | (25 | ) |  | $ | 13 |  |  | 5 |  | $ | 38 |  |  | $ | (24 | ) |  | $ | 14 |  |  | 5
Customer relationships | 1,394 |  |  | (485 | ) |  | 909 |  |  | 18 |  | 1,394 |  |  | (464 | ) |  | 930 |  |  | 18
Other | 7 |  |  | (6 | ) |  | 1 |  |  | 6 |  | 7 |  |  | (6 | ) |  | 1 |  |  | 6
Foreign currency translation adjustment | (153 | ) |  | 56 |  |  | (97 | ) |  |  |  | (160 | ) |  | 58 |  |  | (102 | ) |  |
Total finite-lived intangible assets | $ | 1,286 |  |  | $ | (460 | ) |  | $ | 826 |  |  |  |  | $ | 1,279 |  |  | $ | (436 | ) |  | $ | 843 |  |  |
Indefinite-Lived Intangible Assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Exchange and clearing registrations | $ | 1,257 |  |  | $ | — |  |  | $ | 1,257 |  |  |  |  | $ | 1,257 |  |  | $ | — |  |  | $ | 1,257 |  |  |
Trade names | 129 |  |  | — |  |  | 129 |  |  |  |  | 130 |  |  | — |  |  | 130 |  |  |
Licenses | 52 |  |  | — |  |  | 52 |  |  |  |  | 52 |  |  | — |  |  | 52 |  |  |
Foreign currency translation adjustment | (182 | ) |  | — |  |  | (182 | ) |  |  |  | (188 | ) |  | — |  |  | (188 | ) |  |
Total indefinite-lived intangible assets | $ | 1,256 |  |  | $ | — |  |  | $ | 1,256 |  |  |  |  | $ | 1,251 |  |  | $ | — |  |  | $ | 1,251 |  |  |
Total intangible assets | $ | 2,542 |  |  | $ | (460 | ) |  | $ | 2,082 |  |  |  |  | $ | 2,530 |  |  | $ | (436 | ) |  | $ | 2,094 |  |  |
Estimated Future Amortization Expense | The estimated future amortization expense (excluding the impact of foreign currency translation adjustments of $97 million as of March 31, 2017) of acquired finite-lived intangible assets as of March 31, 2017 is as follows:
| (in millions)
2017(1) | $ | 72 |
2018 | 90 |
2019 | 76 |
2020 | 75 |
2021 | 74 |
2022 and thereafter | 536 |
Total | $ | 923 |
____________
(1) | Represents the estimated amortization to be recognized for the remaining nine months of 2017.

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