v3.6.0.2
Identified Intangible Assets
12 Months Ended
Dec. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]  
Identified Intangible Assets

13 Identified Intangible Assets

The changes in identified intangible assets were as follows:

 

     Total      Other intangible
assets
     Software  

Balance as of January 1, 2015:

        

Cost

     1,866         1,715         151   

Accumulated amortization/impairment

     (1,293      (1,207      (86
  

 

 

    

 

 

    

 

 

 

Book value

     573         508         65   

Changes in book value:

        

Acquisitions/additions

     8,551         8,543         8   

Transfer to assets held for sale

     (38      (38      —     

Amortization

     (255      (229      (26

Translation differences

     (41      (35      (6
  

 

 

    

 

 

    

 

 

 

Total changes

     8,217         8,241         (24

Balance as of December 31, 2015:

        

Cost

     9,978         9,832         146   

Accumulated amortization/impairment

     (1,188      (1,083      (105
  

 

 

    

 

 

    

 

 

 

Book value

     8,790         8,749         41   

Changes in book value:

        

Acquisitions/additions

     299         289         10   

Transfer to assets held for sale

     (138      (138      —     

Amortization

     (1,507      (1,483      (24

Impairment

     (89      (89      —     

Translation differences

     (12      (10      (2
  

 

 

    

 

 

    

 

 

 

Total changes

     (1,447      (1,431      (16

Balance as of December 31, 2016:

        

Cost

     9,512         9,397         115   

Accumulated amortization/impairment

     (2,169      (2,079      (90
  

 

 

    

 

 

    

 

 

 

Book value

     7,343         7,318         25   

Identified intangible assets as of December 31, 2016 and 2015 respectively were composed of the following:

 

     December 31, 2016      December 31, 2015  
     Gross carrying
amount
     Accumulated
amortization
     Gross carrying
amount
     Accumulated
amortization
 

IPR&D 1)

     1,380         —           2,016         —     

Marketing-related

     81         (18      119         (18

Customer-related

     1,146         (322      1,287         (224

Technology-based

     6,790         (1,739      6,410         (841
  

 

 

    

 

 

    

 

 

    

 

 

 
     9,397         (2,079      9,832         (1,083

Software

     115         (90      146         (105
  

 

 

    

 

 

    

 

 

    

 

 

 

Identified intangible assets

     9,512         (2,169      9,978         (1,188

 

1) IPR&D is not subject to amortization until completion or abandonment of the associated research and development effort.

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

 

2017

     1,423   

2018

     1,432   

2019

     1,472   

2020

     1,190   

2021

     462   

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 5 years as of December 31, 2016.