Registration of securities issued in business combination transactions

INTANGIBLE ASSETS (Tables)

v3.3.1.900
INTANGIBLE ASSETS (Tables)
12 Months Ended
Dec. 31, 2015
INTANGIBLE ASSETS  
Schedule of gross carrying amount and accumulated amortization of intangible assets

 

        The gross carrying amount and accumulated amortization of intangible assets were as follows (dollars in millions):

                                                                                                                                                                                    

 

 

December 31, 2015

 

December 31, 2014

 

 

 

Carrying
Amount

 

Accumulated
Amortization

 

Net

 

Carrying
Amount

 

Accumulated
Amortization

 

Net

 

Patents, trademarks and technology

 

$

369 

 

$

327 

 

$

42 

 

$

371 

 

$

328 

 

$

43 

 

Licenses and other agreements

 

 

38 

 

 

22 

 

 

16 

 

 

37 

 

 

19 

 

 

18 

 

Non-compete agreements

 

 

 

 

 

 

 

 

 

 

 

 

 

Other intangibles

 

 

89 

 

 

62 

 

 

27 

 

 

94 

 

 

61 

 

 

33 

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

Total

 

$

499 

 

$

413 

 

$

86 

 

$

506 

 

$

410 

 

$

96 

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

 

Schedule of estimated future amortization expense for intangible assets

 

        Our estimated future amortization expense for intangible assets over the next five years is as follows (dollars in millions):

                                                                                                                                                                                    

Year ending December 31,

 

 

 

2016

 

$

12 

 

2017

 

 

 

2018

 

 

 

2019

 

 

 

2020