Annual report pursuant to Section 13 and 15(d)

Intangible Assets (Tables)

v3.3.1.900
Intangible Assets (Tables)
 12 Months Ended
Dec. 31, 2015
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill

 

 

 

 

 

 

 

 

 

SIRIUS XM

    

Other

    

Total

 

Balance at January 1, 2014

$
14,165

 
200

 
14,365

 

Acquisitions (a)

 

 —

 
24

 
24

 

Broadband Spin-Off

 

 —

 
(46)

 
(46)

 

Other

 

 —

 
2

 
2

 

Balance at December 31, 2014

 
14,165

 
180

 
14,345

 

Other

 

 —

 

 —

 

 —

 

Balance at December 31, 2015

$
14,165

 
180

 
14,345

 

TruePosition made an acquisition during the year ended December 31, 2014.

Schedule of intangible assets subject to amortization

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2015

 

December 31, 2014

 

 

    

Gross

    

 

    

Net

    

Gross

    

 

    

Net

 

 

 

carrying

 

Accumulated

 

carrying

 

carrying

 

Accumulated

 

carrying

 

 

 

amount

 

amortization

 

amount

 

amount

 

amortization

 

amount

 

 

 

amounts in millions

 

Customer relationships

 

$
838

 
(179)

 
659

 
838

 
(122)

 
716

 

Licensing agreements

 

 
316

 
(81)

 
235

 
316

 
(52)

 
264

 

Other

 

 
609

 
(406)

 
203

 
532

 
(346)

 
186

 

Total

 

$
1,763

 
(666)

 
1,097

 
1,686

 
(520)

 
1,166

 

 

Schedule of future amortization expense

Based on its amortizable intangible assets as of December 31, 2015, Liberty expects that amortization expense will be as follows for the next five years (amounts in millions):

 

 

 

 

 

 

 

2016

    

$
158

 

2017

 

$
148

 

2018

 

$
122

 

2019

 

$
99

 

2020

 

$
95