Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets (Tables)

v3.20.1
Intangible Assets (Tables)
3 Months Ended
Mar. 31, 2020
Finite-Lived Intangible Assets [Line Items]  
Schedule of intangible assets subject to amortization

March 31, 2020

December 31, 2019

    

Gross

    

    

Net

    

Gross

    

    

Net

 

carrying

Accumulated

carrying

carrying

Accumulated

carrying

amount

amortization

amount

amount

amortization

amount

amounts in millions

FIA Agreement

$

3,630

(593)

3,037

3,630

(543)

3,087

Customer relationships

3,086

(1,201)

1,885

 

3,086

 

(1,123)

 

1,963

Licensing agreements

 

316

(191)

125

 

316

 

(185)

 

131

Other

 

1,683

(940)

743

 

1,636

 

(877)

 

759

Total

$

8,715

(2,925)

5,790

 

8,668

 

(2,728)

 

5,940

Schedule of future amortization expense Based on its amortizable intangible assets as of March 31, 2020, Liberty expects that amortization expense will be as follows for the next five years (amounts in millions):

Remainder of 2020

    

$

628

 

2021

$

739

2022

$

578

2023

$

524

2024

$

406