XML 25 R15.htm IDEA: XBRL DOCUMENT v3.20.2
OTHER INTANGIBLE ASSETS, NET
 6 Months Ended
Jun. 30, 2020
Intangible Assets, Net (Excluding Goodwill) [Abstract]  
OTHER INTANGIBLE ASSETS, NET OTHER INTANGIBLE ASSETS, NET
 
The following tables present the cumulative composition of the Corporation’s intangible assets:
June 30, 2020December 31, 2019
(In thousands)GrossAccumulated AmortizationNetGrossAccumulated AmortizationNet
Technology$262,861  $(145,060) $117,801  $257,676  $(140,390) $117,286  
Customer related intangibles459,417  (229,179) 230,238  434,492  (215,855) 218,637  
Programs (1)
144,000  (16,200) 127,800  144,000  (12,600) 131,400  
Other intangible assets45,902  (32,533) 13,369  43,729  (31,145) 12,584  
Total$912,180  $(422,972) $489,208  $879,897  $(399,990) $479,907  
(1) Programs include values assigned to major programs of acquired businesses and represent the aggregate value associated with the customer relationships, contracts, technology, and trademarks underlying the associated program. 

During the six months ended June 30, 2020, the Corporation acquired intangible assets of $39.4 million. The Corporation acquired Customer-related intangibles of $28.9 million, Technology of $8.1 million, and Other intangible assets of $2.4 million, which have weighted average amortization periods of 19.4 years, 15.0 years, and 7.5 years, respectively.

Total intangible amortization expense for the six months ended June 30, 2020 was $28.7 million, as compared to $22.6 million in the comparable prior year period.  The estimated amortization expense for the five years ending December 31, 2020 through 2024 is $58 million, $48 million, $45 million, $41 million, and $38 million, respectively.