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Annual report pursuant to Section 13 and 15(d)

Intangible Assets Intangible Assets (Tables)

v2.4.1.9
Intangible Assets Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2014
Goodwill and Intangible Assets Disclosure [Abstract] Ìý
Goodwill

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

SIRIUSÌýXM

ÌýÌýÌýÌý

Other

ÌýÌýÌýÌý

Total

Ìý

Balance at January 1, 2013

Ìý

NA

Ìý

200Ìý

Ìý

200Ìý

Ìý

Acquisitions (a)

$

14,165Ìý

Ìý

—

Ìý

14,165Ìý

Ìý

Balance at DecemberÌý31, 2013

Ìý

14,165Ìý

Ìý

200Ìý

Ìý

14,365Ìý

Ìý

Acquisitions (b)

Ìý

Ìý—

Ìý

24Ìý

Ìý

24Ìý

Ìý

Broadband Spin-Off

Ìý

Ìý—

Ìý

(46)

Ìý

(46)

Ìý

Other

Ìý

Ìý—

Ìý

2Ìý

Ìý

2Ìý

Ìý

Balance at DecemberÌý31, 2014

$

14,165Ìý

Ìý

180Ìý

Ìý

14,345Ìý

Ìý


(a)

The increase to SIRIUS XM goodwill was the result of the acquisition of a controlling interest in SIRIUS XM in January 2013 and SIRIUS XM's acquisition of Agero in November 2013, see note 3 for further discussion.

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

Schedule of intangible assets subject to amortization

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

DecemberÌý31,Ìý2014

Ìý

DecemberÌý31,Ìý2013

Ìý

Ìý

ÌýÌýÌýÌý

Gross

ÌýÌýÌýÌý

Ìý

ÌýÌýÌýÌý

Net

ÌýÌýÌýÌý

Gross

ÌýÌýÌýÌý

Ìý

ÌýÌýÌýÌý

Net

Ìý

Ìý

Ìý

carrying

Ìý

Accumulated

Ìý

carrying

Ìý

carrying

Ìý

Accumulated

Ìý

carrying

Ìý

Ìý

Ìý

amount

Ìý

amortization

Ìý

amount

Ìý

amount

Ìý

amortization

Ìý

amount

Ìý

Ìý

Ìý

amountsÌýinÌýmillions

Ìý

Customer relationships

Ìý

$

838Ìý

Ìý

(122)

Ìý

716Ìý

Ìý

838Ìý

Ìý

(65)

Ìý

773Ìý

Ìý

Licensing agreements

Ìý

Ìý

316Ìý

Ìý

(52)

Ìý

264Ìý

Ìý

316Ìý

Ìý

(22)

Ìý

294Ìý

Ìý

Other

Ìý

Ìý

462Ìý

Ìý

(346)

Ìý

116Ìý

Ìý

433Ìý

Ìý

(300)

Ìý

133Ìý

Ìý

Total

Ìý

$

1,616Ìý

Ìý

(520)

Ìý

1,096Ìý

Ìý

1,587Ìý

Ìý

(387)

Ìý

1,200Ìý

Ìý

Ìý

Schedule of future amortization expense

Based on its amortizable intangible assets as of DecemberÌý31, 2014, Liberty expects that amortization expense will be as follows for the next five years (amounts in millions):

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

2015

ÌýÌýÌýÌý

$

158Ìý

Ìý

2016

Ìý

$

137Ìý

Ìý

2017

Ìý

$

105Ìý

Ìý

2018

Ìý

$

95Ìý

Ìý

2019

Ìý

$

96Ìý

Ìý

Ìý