Goodwill and Other Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2012

Goodwill and Other Intangible Assets

The following table presents information about the Company’s goodwill and other intangible assets at December 31 (in millions):

		2012				2011
UAL	Asset life (a)	Gross Carrying   Amount		Accumulated   Amortization		Gross Carrying   Amount		Accumulated   Amortization
Goodwill		$	4,523			$	4,523
Finite-lived intangible assets
Airport slots and gates		$	99	$	75	$	100	$	61
Hubs			145		52		145		44
Patents and tradenames			108		99		108		86
Frequent flyer database			1,177		447		1,177		381
Contracts			167		75		167		64
Other			109		44		109		34
Total		$	1,805	$	792	$	1,806	$	670
Indefinite-lived intangible assets
Airport slots and gates		$	981			$	1,011
Route authorities			1,606				1,606
Tradenames and logos			593				593
Alliances			404				404
Total		$	3,584			$	3,614
United		2012				2011
Finite-lived intangible assets
Airport slots and gates	9	$	72	$	59	$	72	$	52
Hubs	20		145		52		145		44
Patents	3		70		70		70		70
Frequent flyer database	21 (b)		521		327		521		296
Contracts	13		140		68		140		60
Other	7		12		12		13		12
Total		$	960	$	588	$	961	$	534
Indefinite-lived intangible assets
Airport slots		$	201			$	201
Route authorities			1,117				1,117
Tradenames			420				420
Alliances			118				118
Total		$	1,856			$	1,856
Continental		2012				2011
Goodwill		$	4,523			$	4,523
Finite-lived intangible assets
Airport slots	4	$	27	$	16	$	28	$	9
Frequent flyer database	23 (b)		656		120		656		85
Tradenames	3		38		29		38		16
Contracts	10		27		7		27		4
Other	27		97		32		96		22
Total		$	845	$	204	$	845	$	136
Indefinite-lived intangible assets
Airport slots		$	782			$	812
Route authorities			489				489
Alliances			286				286
Tradenames and logos			173				173
Total		$	1,730			$	1,760

(a) Weighted average life expressed in years. UAL is covered by the weighted average of each of its individual subsidiaries.

(b) The United and Continental frequent flyer databases are amortized based on an accelerated amortization schedule to reflect utilization of the assets. Estimated cash flows correlating to the expected attrition rate of customers in the frequent flyer databases were considered in the determination of the amortization schedules.

Actual and Expected Future Amortization Expense

The following table presents information related to the Company’s actual and expected future amortization expense (in millions):

Actual Amortization:	UAL		United		Continental Successor		Continental Predecessor
2012	$	121	$	55	$	66
2011		169		61		108
2010		96		65		31	$	11
Projected Amortization:
2013	$	142	$	52	$	90
2014		129		46		83
2015		106		37		69
2016		91		34		57
2017		81		32		49