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10. INTANGIBLE ASSETS
The gross carrying amount and accumulated amortization of intangible assets were as follows (dollars in millions):
ÀÖÌìÌÃfun88(ÖйúÇø)¹Ù·½ÍøÕ¾ Corporation
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� |
� |
DecemberÌý31,Ìý2019 |
� |
DecemberÌý31,Ìý2018 |
� |
ÌýÌýÌýÌý |
Carrying |
ÌýÌýÌýÌý |
Accumulated |
ÌýÌýÌýÌý |
� |
ÌýÌýÌýÌý |
Carrying |
ÌýÌýÌýÌý |
Accumulated |
ÌýÌýÌýÌý |
� |
� |
� |
Amount |
� |
Amortization |
� |
Net |
� |
Amount |
� |
Amortization |
� |
Net |
Patents, trademarks and technology |
� |
$ |
314 |
� |
$ |
230 |
� |
$ |
84 |
� |
$ |
293 |
� |
$ |
209 |
� |
$ |
84 |
Licenses and other agreements |
� |
Ìý |
140 |
� |
Ìý |
48 |
� |
Ìý |
92 |
� |
Ìý |
134 |
� |
Ìý |
29 |
� |
Ìý |
105 |
Non-compete agreements |
� |
Ìý |
3 |
� |
Ìý |
2 |
� |
Ìý |
1 |
� |
Ìý |
3 |
� |
Ìý |
2 |
� |
Ìý |
1 |
Other intangibles |
� |
Ìý |
61 |
� |
Ìý |
41 |
� |
Ìý |
20 |
� |
Ìý |
64 |
� |
Ìý |
41 |
� |
Ìý |
23 |
Total |
� |
$ |
518 |
� |
$ |
321 |
� |
$ |
197 |
� |
$ |
494 |
� |
$ |
281 |
� |
$ |
213 |
�
Amortization expense was $16 million, $6Ìýmillion and $3Ìýmillion for the years ended December 31, 2019, 2018 and 2017, respectively.
ÀÖÌìÌÃfun88(ÖйúÇø)¹Ù·½ÍøÕ¾ International
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� |
� |
DecemberÌý31,Ìý2019 |
� |
DecemberÌý31,Ìý2018 |
� |
ÌýÌýÌýÌý |
Carrying |
ÌýÌýÌýÌý |
Accumulated |
ÌýÌýÌýÌý |
� |
ÌýÌýÌýÌý |
Carrying |
ÌýÌýÌýÌý |
Accumulated |
ÌýÌýÌýÌý |
� |
� |
� |
Amount |
� |
Amortization |
� |
Net |
� |
Amount |
� |
Amortization |
� |
Net |
Patents, trademarks and technology |
� |
$ |
314 |
� |
$ |
230 |
� |
$ |
84 |
� |
$ |
293 |
� |
$ |
209 |
� |
$ |
84 |
Licenses and other agreements |
� |
Ìý |
140 |
� |
Ìý |
48 |
� |
Ìý |
92 |
� |
Ìý |
134 |
� |
Ìý |
29 |
� |
Ìý |
105 |
Non-compete agreements |
� |
Ìý |
3 |
� |
Ìý |
2 |
� |
Ìý |
1 |
� |
Ìý |
3 |
� |
Ìý |
2 |
� |
Ìý |
1 |
Other intangibles |
� |
Ìý |
70 |
� |
Ìý |
50 |
� |
Ìý |
20 |
� |
Ìý |
72 |
� |
Ìý |
49 |
� |
Ìý |
23 |
Total |
� |
$ |
527 |
� |
$ |
330 |
� |
$ |
197 |
� |
$ |
502 |
� |
$ |
289 |
� |
$ |
213 |
�
Amortization expense was $16Ìýmillion, $6Ìýmillion and $4Ìýmillion for the years ended December 31, 2019, 2018 and 2017, respectively.
Our and ÀÖÌìÌÃfun88(ÖйúÇø)¹Ù·½ÍøÕ¾ International’s estimated future amortization expense for intangible assets over the next five years is as follows (dollars in millions):
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Year ending December 31, |
ÌýÌýÌýÌý |
� |
ÌýÌýÌýÌý |
2020 |
Ìý |
$ |
16 |
2021 |
� |
� |
15 |
2022 |
� |
� |
15 |
2023 |
� |
� |
15 |
2024 |
� |
� |
15 |
�
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