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Goodwill and Intangible Assets (Tables) | 12 Months Ended
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Dec. 31, 2021
Intangible Assets And Goodwill [Abstract] |
Summary of Changes in Goodwill and Intangible Assets | Changes in goodwill and intangible assets account for the years ended December 31, 2021 and 2020 are as follows:
|  | Intangible Assets with Indefinite Life |  |  | Intangible Assets with Finite Life |  |  | Total Intangible Assets with |  |  | Total |  |  |  |  |  |  | Total Goodwill and |
|  | Trademark |  |  | Trademark |  |  | Franchise |  |  | Licenses |  | Customer List |  |  |  | Spectrum |  |  | Others |  |  | Finite Life |  |  | Intangible Assets |  |  | Goodwill |  |  | Intangible Assets |
|  | (in million pesos) |
December 31, 2021 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Costs: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Balances at beginning and end of the year |  |  | — |  |  |  | 4,505 |  |  |  | 3,016 |  |  |  | 135 |  |  | 4,703 |  |  |  |  | 1,205 |  |  |  | 771 |  |  |  | 14,335 |  |  |  | 14,335 |  |  |  | 62,033 |  |  |  | 76,368 |
Additions during the year |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  | — |  |  |  |  | — |  |  |  | 28 |  |  |  | 28 |  |  |  | 28 |  |  |  | — |  |  |  | 28 |
Balances at end of the year |  |  | — |  |  |  | 4,505 |  |  |  | 3,016 |  |  |  | 135 |  |  | 4,703 |  |  |  |  | 1,205 |  |  |  | 799 |  |  |  | 14,363 |  |  |  | 14,363 |  |  |  | 62,033 |  |  |  | 76,396 |
Accumulated amortization and impairment: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Balances at beginning of the year |  |  | — |  |  |  | 1,877 |  |  |  | 1,706 |  |  |  | 123 |  |  | 4,703 |  |  |  |  | 1,205 |  |  |  | 771 |  |  |  | 10,385 |  |  |  | 10,385 |  |  |  | 654 |  |  |  | 11,039 |
Amortization during the year (Notes 4 and 5) |  |  | — |  |  |  | 2,628 |  |  |  | 186 |  |  |  | 8 |  |  | — |  |  |  |  | — |  |  |  | — |  |  |  | 2,822 |  |  |  | 2,822 |  |  |  | — |  |  |  | 2,822 |
Balances at end of the year |  |  | — |  |  |  | 4,505 |  |  |  | 1,892 |  |  |  | 131 |  |  | 4,703 |  |  |  |  | 1,205 |  |  |  | 771 |  |  |  | 13,207 |  |  |  | 13,207 |  |  |  | 654 |  |  |  | 13,861 |
Net balances at end of the year |  |  | — |  |  |  | — |  |  |  | 1,124 |  |  |  | 4 |  |  | — |  |  |  |  | — |  |  |  | 28 |  |  |  | 1,156 |  |  |  | 1,156 |  |  |  | 61,379 |  |  |  | 62,535 |
Estimated useful lives (in years) |  |  | — |  |  |  | — |  |  |  | 16 |  |  |  | 18 |  |  | — |  |  |  |  | — |  |  |  | 5 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Remaining useful lives (in years) |  |  | — |  |  |  | — |  |  |  | 6 |  |  |  | 1 |  |  | — |  |  |  |  | — |  |  |  | 5 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
December 31, 2020 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Costs: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Balances at beginning and end of the year |  |  | 4,505 |  |  |  | — |  |  |  | 3,016 |  |  |  | 1,079 |  |  | 4,726 |  |  |  |  | 1,205 |  |  |  | 775 |  |  |  | 10,801 |  |  |  | 15,306 |  |  |  | 62,033 |  |  |  | 77,339 |
Reclassification |  |  | (4,505 | ) |  |  | 4,505 |  |  |  | — |  |  |  | — |  |  | — |  |  |  |  | — |  |  |  | — |  |  |  | 4,505 |  |  |  | — |  |  |  | — |  |  |  | — |
Translation and other adjustments |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (944 | ) |  | (23 | ) |  |  |  | — |  |  |  | (4 | ) |  |  | (971 | ) |  |  | (971 | ) |  |  | — |  |  |  | (971 | )
Balances at end of the year |  |  | — |  |  |  | 4,505 |  |  |  | 3,016 |  |  |  | 135 |  |  | 4,703 |  |  |  |  | 1,205 |  |  |  | 771 |  |  |  | 14,335 |  |  |  | 14,335 |  |  |  | 62,033 |  |  |  | 76,368 |
Accumulated amortization and impairment: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Balances at beginning of the year |  |  | — |  |  |  | — |  |  |  | 1,520 |  |  |  | 1,059 |  |  | 4,301 |  |  |  |  | 1,205 |  |  |  | 775 |  |  |  | 8,860 |  |  |  | 8,860 |  |  |  | 654 |  |  |  | 9,514 |
Amortization during the year (Notes 4 and 5) |  |  | — |  |  |  | 1,877 |  |  |  | 186 |  |  |  | 8 |  |  | 425 |  |  |  |  | — |  |  |  | — |  |  |  | 2,496 |  |  |  | 2,496 |  |  |  | — |  |  |  | 2,496 |
Translation and other adjustments |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (944 | ) |  | (23 | ) |  |  |  | — |  |  |  | (4 | ) |  |  | (971 | ) |  |  | (971 | ) |  |  | — |  |  |  | (971 | )
Balances at end of the year |  |  | — |  |  |  | 1,877 |  |  |  | 1,706 |  |  |  | 123 |  |  | 4,703 |  |  |  |  | 1,205 |  |  |  | 771 |  |  |  | 10,385 |  |  |  | 10,385 |  |  |  | 654 |  |  |  | 11,039 |
Net balances at end of the year |  |  | — |  |  |  | 2,628 |  |  |  | 1,310 |  |  |  | 12 |  |  | — |  |  |  |  | — |  |  |  | — |  |  |  | 3,950 |  |  |  | 3,950 |  |  |  | 61,379 |  |  |  | 65,329 |
Estimated useful lives (in years) |  |  | — |  |  |  | 1 |  |  |  | 16 |  |  |  | 18 |  |  | — |  |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Remaining useful lives (in years) |  |  | — |  |  |  | 1 |  |  |  | 7 |  |  |  | 2 |  |  | — |  |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Summary of Consolidated Goodwill and Intangible Assets of Reportable Segments | The consolidated goodwill and intangible assets of our reportable segments as at December 31, 2021 and 2020 are as follows:
|  | 2021 |  |  | 2020 |
|  | Wireless |  |  | Fixed Line |  |  | Total |  |  | Wireless |  |  | Fixed Line |  |  | Total |
|  | (in million pesos) |
Franchise |  |  | 1,124 |  |  |  | — |  |  |  | 1,124 |  |  |  | 1,310 |  |  |  | — |  |  |  | 1,310 |
Licenses |  |  | 4 |  |  |  | — |  |  |  | 4 |  |  |  | 12 |  |  |  | — |  |  |  | 12 |
Trademark |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 2,628 |  |  |  | — |  |  |  | 2,628 |
Others |  |  | — |  |  |  | 28 |  |  |  | 28 |  |  |  | — |  |  |  | — |  |  |  | — |
Total intangible assets |  |  | 1,128 |  |  |  | 28 |  |  |  | 1,156 |  |  |  | 3,950 |  |  |  | — |  |  |  | 3,950 |
Goodwill |  |  | 56,571 |  |  |  | 4,808 |  |  |  | 61,379 |  |  |  | 56,571 |  |  |  | 4,808 |  |  |  | 61,379 |
Total goodwill and intangible assets |  |  | 57,699 |  |  |  | 4,836 |  |  |  | 62,535 |  |  |  | 60,521 |  |  |  | 4,808 |  |  |  | 65,329 |
Summary of Future Amortization of Intangible Assets | The consolidated future amortization of intangible assets as at December 31, 2021 are as follows:
Year |  | (in million pesos) |
2022 |  |  | 196 |
2023 |  |  | 192 |
2024 |  |  | 192 |
2025 |  |  | 191 |
2026 and onwards |  |  | 385 |
|  |  | 1,156 |

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