XML 145 R44.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
INTANGIBLE ASSETS AND GOODWILL (Tables)
 12 Months Ended
Dec. 31, 2019
Intangible Assets [Abstract]  
Disclosure of estimated useful lives of intangible assets
Intangible asset
Estimated useful life
Customer relationships
3 to 10 years
Disclosure of reconciliation of changes in intangible assets and goodwill
The table below summarizes our intangible assets as at December 31, 2019, 2018, and 2017.
(In millions of dollars)
December 31, 2019
 
December 31, 2018
 
December 31, 2017
 
 
Cost prior to impairment losses

Accumulated amortization

Accumulated impairment losses

Net carrying amount

Cost prior to impairment losses

Accumulated amortization

Accumulated impairment losses

Net carrying amount

Cost prior to impairment losses

Accumulated amortization

Accumulated impairment losses

Net carrying amount

 
 
 
 
 

 
 
 
 

 
 
 
 

Indefinite-life intangible assets:
 
 
 
 

 
 
 
 

 
 
 
 
Spectrum licences
8,331

—

—

8,331

6,600

—

—

6,600

6,600

—

—

6,600

Broadcast licences
333

—

(99
)
234

333

—

(99
)
234

329

—

(99
)
230

Brand names
420

(270
)
(14
)
136

420

(270
)
(14
)
136

420

(270
)
(14
)
136

 
 
 
 


 
 
 


 
 
 
 
Finite-life intangible assets:
 
 
 


 
 
 


 
 
 
 
Customer relationships
1,611

(1,578
)
—

33

1,609

(1,562
)
—

47

1,609

(1,525
)
—

84

Acquired program rights
253

(77
)
(5
)
171

251

(58
)
(5
)
188

263

(64
)
(5
)
194

Total intangible assets
10,948

(1,925
)
(118
)
8,905

9,213

(1,890
)
(118
)
7,205

9,221

(1,859
)
(118
)
7,244

Goodwill
4,144

—

(221
)
3,923

4,126

—

(221
)
3,905

4,126

—

(221
)
3,905

 
 
 
 
 

 
 
 
 

 
 
 
 
Total intangible assets and goodwill
15,092

(1,925
)
(339
)
12,828

13,339

(1,890
)
(339
)
11,110

13,347

(1,859
)
(339
)
11,149


The tables below summarize the changes in the net carrying amounts of intangible assets and goodwill in 2019 and 2018.
(In millions of dollars)
December 31, 2018
December 31, 2019
 
 
Net carrying amount

Net additions

Amortization 1

Net carrying amount

 
 
 
 
 

Spectrum licences
6,600

1,731

—

8,331

Broadcast licences
234

—

—

234

Brand names
136

—

—

136

Customer relationships
47

2

(16
)
33

 
7,017

1,733

(16
)
8,734

Acquired program rights
188

60

(77
)
171

Total intangible assets
7,205

1,793

(93
)
8,905

Goodwill
3,905

18

—

3,923

 
 
 
 
 
Total intangible assets and goodwill
11,110

1,811

(93
)
12,828

1 
Of the $93 million of total amortization, $77 million related to acquired program rights is included in other external purchases in operating costs (see note 6), and $16 million in depreciation and amortization on the Consolidated Statements of Income.
(In millions of dollars)
December 31, 2017
December 31, 2018
 
 
Net carrying amount

Net additions

Amortization 1

Other 2

Net carrying amount

 
 
 
 
 
 

Spectrum licences
6,600

—

—

—

6,600

Broadcast licences
230

4

—

—

234

Brand names
136

—

—

—

136

Customer relationships
84

—

(37
)
—

47

 
7,050

4

(37
)
—

7,017

Acquired program rights
194

54

(58
)
(2
)
188

Total intangible assets
7,244

58

(95
)
(2
)
7,205

Goodwill
3,905

—

—

—

3,905

 
 
 
 
 
 
Total intangible assets and goodwill
11,149

58

(95
)
(2
)
11,110

1 
Of the $95 million of total amortization, $58 million related to acquired program rights is included in other external purchases in operating costs (see note 6), and $37 million in depreciation and amortization on the Consolidated Statements of Income.
2 
Includes disposals, writedowns, reclassifications, and other adjustments.
Schedule of cash-generating units
Below is an overview of the methods and key assumptions we used in 2019 to determine recoverable amounts for CGUs, or groups of CGUs, with indefinite-life intangible assets or goodwill that we consider significant.
(In millions of dollars, except periods used and rates)
 
 
 
 
Carrying value of goodwill

Carrying value of indefinite-life intangible assets

Recoverable amount method
Period of projected cash flows (years)
Terminal growth rates (%)
Pre-tax discount rates (%)
 
 
 

 
 
 
 
Wireless
1,160

8,465

Value in use
5
0.5
8.4
Cable
1,808

—

Value in use
5
1.5
7.8
Media
955

235

Fair value less cost to sell
5
2.0
9.8