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INTANGIBLE ASSETS AND GOODWILL (Tables) | 12 Months Ended
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Dec. 31, 2021
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 tables below summarize our intangible assets as at December 31, 2021 and 2020.
| Indefinite-life | Finite-life |  |  |
(In millions of dollars) | Spectrum licences | Broadcast licences | Brand names | Customer relationships | Acquired program rights | Total intangible assets | Goodwill | Total intangible assets and goodwill
Cost |  |  |  |  |  |  |  |
As at January 1, 2021 | 8,371 |  | 333 |  | 420 |  | 1,623 |  | 233 |  | 10,980 |  | 4,194 |  | 15,174 |
Accumulated impairment losses | — |  | (99) |  | (14) |  | — |  | (5) |  | (118) |  | (221) |  | (339) |
Cost, net of impairment losses | 8,371 |  | 234 |  | 406 |  | 1,623 |  | 228 |  | 10,862 |  | 3,973 |  | 14,835 |
Additions | 3,343 |  | — |  | — |  | 46 |  | 54 |  | 3,443 |  | 51 |  | 3,494 |
Disposals and other 1 | — |  | (3) |  | — |  | — |  | (77) |  | (80) |  | — |  | (80) |
As at December 31, 2021 | 11,714 |  | 231 |  | 406 |  | 1,669 |  | 205 |  | 14,225 |  | 4,024 |  | 18,249 |
Accumulated amortization |  |  |  |  |  |  |  |
As at January 1, 2021 | — |  | — |  | 270 |  | 1,589 |  | 77 |  | 1,936 |  | — |  | 1,936 |
Amortization 2 | — |  | — |  | — |  | 17 |  | 68 |  | 85 |  | — |  | 85 |
Disposals and other 1 | — |  | — |  | — |  | — |  | (77) |  | (77) |  | — |  | (77) |
As at December 31, 2021 | — |  | — |  | 270 |  | 1,606 |  | 68 |  | 1,944 |  | — |  | 1,944 |
Net carrying amount |  |  |  |  |  |  |  |
As at January 1, 2021 | 8,371 |  | 234 |  | 136 |  | 34 |  | 151 |  | 8,926 |  | 3,973 |  | 12,899 |
As at December 31, 2021 | 11,714 |  | 231 |  | 136 |  | 63 |  | 137 |  | 12,281 |  | 4,024 |  | 16,305 |
1 Includes disposals, impairments, reclassifications, and other adjustments. 2 Of the $85 million of total amortization, $68 million related to acquired program rights is included in other external purchases in operating costs (see note 6), and $17 million in depreciation and amortization on the Consolidated Statements of Income.
| Indefinite-life | Finite-life |  |  |
(In millions of dollars) | Spectrum licences | Broadcast licences | Brand names | Customer relationships | Acquired program rights | Total intangible assets | Goodwill | Total intangible assets and goodwill
Cost |  |  |  |  |  |  |  |
As at January 1, 2020 | 8,331 |  | 333 |  | 420 |  | 1,611 |  | 253 |  | 10,948 |  | 4,144 |  | 15,092 |
Accumulated impairment losses | — |  | (99) |  | (14) |  | — |  | (5) |  | (118) |  | (221) |  | (339) |
Cost, net of impairment losses | 8,331 |  | 234 |  | 406 |  | 1,611 |  | 248 |  | 10,830 |  | 3,923 |  | 14,753 |
Additions | 40 |  | — |  | — |  | 12 |  | 57 |  | 109 |  | 50 |  | 159 |
Disposals and other 1 | — |  | — |  | — |  | — |  | (77) |  | (77) |  | — |  | (77) |
As at December 31, 2020 | 8,371 |  | 234 |  | 406 |  | 1,623 |  | 228 |  | 10,862 |  | 3,973 |  | 14,835 |
Accumulated amortization |  |  |  |  |  |  |  |
As at January 1, 2020 | — |  | — |  | 270 |  | 1,578 |  | 77 |  | 1,925 |  | — |  | 1,925 |
Amortization 2 | — |  | — |  | — |  | 11 |  | 77 |  | 88 |  | — |  | 88 |
Disposals and other 1 | — |  | — |  | — |  | — |  | (77) |  | (77) |  | — |  | (77) |
As at December 31, 2020 | — |  | — |  | 270 |  | 1,589 |  | 77 |  | 1,936 |  | — |  | 1,936 |
Net carrying amount |  |  |  |  |  |  |  |
As at January 1, 2020 | 8,331 |  | 234 |  | 136 |  | 33 |  | 171 |  | 8,905 |  | 3,923 |  | 12,828 |
As at December 31, 2020 | 8,371 |  | 234 |  | 136 |  | 34 |  | 151 |  | 8,926 |  | 3,973 |  | 12,899 |
1 Includes disposals, impairments, reclassifications, and other adjustments. 2 Of the $88 million of total amortization, $77 million related to acquired program rights is included in other external purchases in operating costs (see note 6), and $11 million in depreciation and amortization on the Consolidated Statements of Income.
Schedule of cash-generating units | Below is an overview of the methods and key assumptions we used in 2021, as of October 1, 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 |  | 8,517 |  | Value in use | 5 | 2.0 |  | 8.5 |
Cable | 1,895 |  | — |  | Value in use | 5 | 1.5 |  | 8.0 |
Media | 969 |  | 232 |  | Fair value less cost to sell | 5 | 2.0 |  | 10.6 |

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