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Other Intangible Assets, Net
12 Months Ended
Dec. 31, 2020
Goodwill And Intangible Assets Disclosure [Abstract]  
Other Intangible Assets, Net

 

9.

OTHER INTANGIBLE ASSETS, NET

Other intangible assets, net consisted of the following:

 

December 31, 2020

 

Gross

Cost

 

 

Accumulated

Amortization

 

 

Net

Cost

 

Technologies & licenses

 

 

934

 

 

 

(623

)

 

 

311

 

Purchased & internally developed software

 

 

537

 

 

 

(461

)

 

 

76

 

Technologies in progress

 

 

56

 

 

 

 

 

 

56

 

Other intangible assets

 

 

72

 

 

 

(70

)

 

 

2

 

Total

 

 

1,599

 

 

 

(1,154

)

 

 

445

 

 

December 31, 2019

 

Gross

Cost

 

 

Accumulated

Amortization

 

 

Net

Cost

 

Technologies & licenses

 

 

699

 

 

 

(578

)

 

 

121

 

Purchased & internally developed software

 

 

486

 

 

 

(427

)

 

 

59

 

Technologies in progress

 

 

119

 

 

 

 

 

 

119

 

Other intangible assets

 

 

70

 

 

 

(70

)

 

 

 

Total

 

 

1,374

 

 

 

(1,075

)

 

 

299

 

 

As described in Note 7, the acquisitions completed in 2020 resulted in the recognition of technologies of $108 million, reported on the line “Technologies & licenses”, $10 million of technology in progress reported on the line “Technologies in progress” and $2 million of other intangible assets reported on the line “Other intangible assets”.

 

Furthermore, the 2019 acquisition of Norstel resulted in the recognition of technology in progress for $86 million reported on the line “Technologies in progress” as at December 31, 2019.  The acquired technology was reported on the line “Technologies & licenses” as at December 31, 2020.

 

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

The amortization expense in 2020, 2019 and 2018 was $79 million, $69 million and $64 million, respectively.

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

 

Year

 

 

 

 

2021

 

 

97

 

2022

 

 

82

 

2023

 

 

64

 

2024

 

 

49

 

2025

 

 

35

 

Thereafter

 

 

118

 

Total

 

 

445

 

 

In 2020, 2019 and 2018, the Company impaired $4 million, $4 million and $2 million, respectively, of acquired licenses and technologies for which it was determined that they had no alternative future use.