v2.4.0.6
Identified Intangible Assets
12 Months Ended
Dec. 31, 2012
Identified Intangible Assets

7 Identified Intangible Assets

Intangible assets, net of accumulated amortization and impairments of $965 million and $1,171 million as of December 31, 2012 and 2011 respectively were composed of the following:

 

     December 31, 2012     December 31, 2011  
     Gross      Accumulated
amortization and
impairments
    Gross      Accumulated
amortization and
impairments
 

Marketing-related

     18         (16     18         (16

Customer-related

     427         (177     411         (143

Technology-based

     2,053         (1,383     2,044         (1,156
  

 

 

    

 

 

   

 

 

    

 

 

 

Other intangible assets

     2,498         (1,576     2,473         (1,315

Software

     113         (70     63         (50
  

 

 

    

 

 

   

 

 

    

 

 

 

Identified intangible assets

     2,611         (1,646     2,536         (1,365

The estimated amortization expense for these identified intangible assets for each of the five succeeding years is:

 

2013

     232   

2014

     153   

2015

     132   

2016

     127   

2017

     113   

All intangible assets, excluding goodwill, are subject to amortization and have no assumed residual value.

The expected weighted average remaining life of identified intangibles is 6 years as of December 31, 2012.

 

The estimated amortization expense for software as of December 31, 2012 for each of the five succeeding years is:

 

2013

     21   

2014

     20   

2015

     2   

2016

     —     

2017

     —     

The expected weighted average remaining lifetime of software is 2 years as of December 31, 2012.