Software Development and Intellectual Property Licenses

12 Months Ended

Dec. 31, 2016

Software Development Costs and Intellectual Property Licenses

Software Development and Intellectual Property Licenses

Software Development and Intellectual Property Licenses

The following table summarizes the components of our capitalized software development costs and intellectual property licenses (amounts in millions):

	At December 31,
	2016		2015
Internally-developed software costs	$	277	$	266
Payments made to third-party software developers	189		150
Total software development costs	$	466	$	416
Intellectual property licenses	$	2	$	30

Intellectual property licenses are classified within “Other current assets” and “Other assets” in our consolidated balance sheets.

Amortization of capitalized software development costs and intellectual property was the following (amounts in millions):

	For the Years Ended December 31,
	2016		2015		2014
Amortization of capitalized software development costs and intellectual property licenses	$	335	$	410	$	272

Write-offs and impairments of capitalized software development costs and intellectual property licenses were not material for the years ended December 31, 2016, 2015, and 2014.