Goodwill, Customer Relationships and Other Intangible Assets

3 Months Ended

Mar. 31, 2012

Goodwill, Customer Relationships and Other Intangible Assets

Goodwill, Customer Relationships and Other Intangible Assets

(3) Goodwill, Customer Relationships and Other Intangible Assets

        Our goodwill, customer relationships and other intangible assets consisted of the following:

	Successor
	March 31, 2012		December 31, 2011
	(Dollars in millions)
Goodwill	$	10,123		10,123
Customer relationships, less accumulated amortization of $1,013 and $770	$	6,545		6,788
Other intangible assets subject to amortization
Capitalized software, less accumulated amortization of $455 and $354		1,397		1,460
Tradenames and patents, less accumulated amortization of $79 and $62		110		127
Total other intangible assets, net	$	1,507		1,587

        As of the successor date of March 31, 2012, the gross carrying amounts of goodwill, customer relationships and other intangible assets were $19.722 billion.

        We amortize customer relationships over estimated lives of 10 years, using either the sum-of-the-years-digits or straight-line methods, depending on the type of customer. We amortize capitalized software using the straight-line method over estimated lives ranging up to seven years and amortize our other intangible assets predominantly using the sum-of-the-years digits method over an estimated life of four years.

        Total amortization expense for intangible assets for the successor three months ended March 31, 2012 and the predecessor three months ended March 31, 2011 was $363 million and $58 million, respectively.