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INTANGIBLE ASSETS AND GOODWILL
 9 Months Ended
Sep. 30, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
INTANGIBLE ASSETS AND GOODWILL INTANGIBLE ASSETS AND GOODWILL
 
The Company's intangible assets at September 30, 2019 and December 31, 2018 consist of the following (in millions): 
 
September 30, 2019
 
December 31, 2018
 
 
 
Gross 
Carrying 
Amount
 
Accumulated
Amortization
 
Net 
Carrying 
Amount
 
Gross 
Carrying 
Amount
 
Accumulated
Amortization
 
Net 
Carrying 
Amount
 
Amortization
Period
Supply and distribution agreements
$
1,083

 
$
(446
)
 
$
637

 
$
1,099

 
$
(408
)
 
$
691

 
3 - 20 years
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Technology
174

 
(131
)
 
43

 
173

 
(121
)
 
52

 
 1 - 7 years
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Internet domain names
39

 
(30
)
 
9

 
41

 
(30
)
 
11

 
5 - 20 years
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Trade names
1,804

 
(508
)
 
1,296

 
1,810

 
(439
)
 
1,371

 
4 - 20 years
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Other intangible assets
2

 
(2
)
 
—

 
3

 
(3
)
 
—

 
Up to 15 years
Total intangible assets
$
3,102

 
$
(1,117
)
 
$
1,985

 
$
3,126

 
$
(1,001
)
 
$
2,125

 
 

 
Intangible assets are amortized on a straight-line basis.  Amortization expense was $43 million and $132 million for the three and nine months ended September 30, 2019, respectively, and $43 million and $135 million for the three and nine months ended September 30, 2018, respectively.
 
Annual Goodwill Impairment Test

A substantial portion of the Company's intangible assets and goodwill relates to the acquisitions of OpenTable and KAYAK. As of September 30, 2019, the Company performed its annual goodwill impairment testing and concluded that there was no impairment of goodwill. In addition, at September 30, 2019, the Company did not identify any impairment indicators for the Company's other long-lived assets.

Acquisitions

In November 2018, the Company paid $134 million, net of cash acquired, to complete the acquisition of HotelsCombined, a hotel meta-search company. In April 2018, the Company paid $139 million, net of cash acquired, and issued shares of the Company's common stock in the amount of $110 million in connection with the acquisition of FareHarbor, a leading provider of business-to-business activities distribution services. In respect of the shares issued, as presented in the supplemental disclosure in the Unaudited Consolidated Statement of Cash Flows, $59 million relates to purchase price consideration and $51 million relates to shares restricted for trading purposes until certain conditions are met.

The Company's Unaudited Consolidated Financial Statements include the accounts of these businesses starting at the respective acquisition dates. Revenues and earnings of these businesses from the respective acquisition dates and pro forma results of operations have not been presented separately as such financial information is not material to the Company's results of operations.