XML 55 R17.htm IDEA: XBRL DOCUMENT v3.8.0.1
Other Intangible Assets
12 Months Ended
Dec. 31, 2017
Goodwill and Intangible Assets Disclosure [Abstract]  
Other Intangible Assets
  9. OTHER INTANGIBLE ASSETS

Other intangible assets consisted of the following:

 

December 31, 2017

   Gross Cost      Accumulated
Amortization
     Net Cost  

Technologies & licences

     668        (566      102  

Contractual customer relationships

     5        (5      —    

Purchased & internally developed software

     440        (383      57  

Construction in progress

     50        —          50  

Other intangible assets

     65        (65      —    
  

 

 

    

 

 

    

 

 

 

Total

     1,228        (1,019      209  
  

 

 

    

 

 

    

 

 

 

 

December 31, 2016

   Gross Cost      Accumulated
Amortization
     Net Cost  

Technologies & licences

     618        (534      84  

Contractual customer relationships

     4        (4      —    

Purchased & internally developed software

     407        (347      60  

Construction in progress

     51        —          51  

Other intangible assets

     65        (65      —    
  

 

 

    

 

 

    

 

 

 

Total

     1,145        (950      195  
  

 

 

    

 

 

    

 

 

 

The line “Construction in progress” in the table above includes internally developed software under construction and software not ready for use.

As described in Note 7, the acquisition of ams’s NFC and RFID Reader business resulted in the recognition in the year ended December 31, 2016 of technology for $6 million in “Technologies & licences” and in-process R&D for $40 million in “Construction in progress”.

The amortization expense in 2017, 2016 and 2015 was $58 million, $61 million and $60 million, respectively.

The estimated amortization expense of the existing intangible assets for the following years is:

 

Year       

2018

     75  

2019

     58  

2020

     41  

2021

     22  

2022

     10  

Thereafter

     3  
  

 

 

 

Total

     209  
  

 

 

 

In 2017, there was no impairment of intangible assets, while in 2016 and 2015, the Company impaired $4 million and $10 million, respectively, of acquired technologies for which it was determined that they had no alternative future use. In addition, in 2015, $6 million of digital long-lived assets were fully impaired due to the fact that their projected cash flows, over their remaining useful life, were less than their carrying value.