Intangible Assets

3 Months Ended

Mar. 31, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible assets, net are comprised of the following:



		March 31, 2020
(In millions)	Estimated Weighted Average Useful Life (years)	Gross Intangibles		Accumulated Amortization			Net Intangibles
Definite-Lived:
Developed technology	5	$	40	$	(36	)	$	4
Customer related	10	87		(52		)	35
Capitalized software development	3	37		(5		)	32
Other	19	15		(5		)	10
Subtotal		179		(98		)	81
Indefinite-Lived:
Goodwill		45		—			45
Total		$	224	$	(98	)	$	126

A roll-forward of the carrying amounts of intangible assets is presented below:



	December 31, 2019							March 31, 2020
(In millions)	Gross Intangibles		Accumulated Amortization			Net Intangibles		Additions		Foreign Currency			Amortization Expense			Net Intangibles
Definite-Lived:
Developed technology	$	40	$	(35	)	$	5	$	—	$	—		$	(1	)	$	4
Customer related	89		(51		)	38		—		(1		)	(2		)	35
Capitalized software development	32		(5		)	27		5		—			—			32
Other	15		(4		)	11		—		—			(1		)	10
Subtotal	176		(95		)	81		5		(1		)	(4		)	81
Indefinite-Lived:
Goodwill	46		—			46		—		(1		)	—			45
Total	$	222	$	(95	)	$	127	$	5	$	(2	)	$	(4	)	$	126

The Company recorded amortization expense of $4 million for each three month period ended March 31, 2020 and 2019 related to definite-lived intangible assets. The Company currently estimates annual amortization expense to be $15 million , $17 million, $17 million, $14 million, $8 million and $7 million for the years ended 2020, 2021, 2022, 2023, 2024, and 2025, respectively. Indefinite-lived intangible assets are not amortized but are tested for impairment at least annually, or earlier when events and circumstances indicate that it is more likely than not that such assets have been impaired.

The Company considered the global COVID-19 pandemic as a possible indicator of impairment for all its long-lived assets. The Company concluded that its long-lived assets were not impaired as of March 31, 2020.