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Intangible Assets, Net
12 Months Ended
Dec. 31, 2016
Intangible Assets, Net (Excluding Goodwill) [Abstract]  
Intangible Assets, Net
Intangible Assets, Net
Intangible assets, net consist of the following (amounts in millions):
 
At December 31, 2016
 
Estimated
useful
lives
 
Gross
carrying
amount
 
Accumulated
amortization
 
Net
carrying
amount
Acquired definite-lived intangible assets:
 
 
 
 
 
 
 
Internally-developed franchises
3 - 11 years
 
$
1,154

 
$
(583
)
 
$
571

Developed software
3 - 5 years
 
595

 
(145
)
 
450

Customer base
2 years
 
617

 
(266
)
 
351

Trade names
7 - 10 years
 
54

 
(8
)
 
46

Other
1 - 8 years
 
18

 
(11
)
 
7

Total definite-lived intangible assets
 
 
$
2,438

 
$
(1,013
)
 
$
1,425

 
 
 
 
 
 
 
 
Acquired indefinite-lived intangible assets:
 
 
 
 
 
 
 

Activision trademark
Indefinite
 
 
 
 
 
386

Acquired trade names
Indefinite
 
 
 
 
 
47

Total indefinite-lived intangible assets
 
 
 
 
 
 
$
433

Total intangible assets, net
 
 
 
 
 
 
$
1,858

 
At December 31, 2015
 
Estimated
useful
lives
 
Gross
carrying
amount
 
Accumulated
amortization
 
Net carrying
amount
Acquired definite-lived intangible assets:
 
 
 
 
 
 
 
License agreements and other
1 - 10 years
 
$
116

 
$
(93
)
 
$
23

Internally-developed franchises
11 years
 
309

 
(298
)
 
11

Developed software
5 years
 
15

 

 
15

Total definite-lived intangible assets
 
 
$
440

 
$
(391
)
 
$
49

 
 
 
 
 
 
 
 
Acquired indefinite-lived intangible assets:
 
 
 
 
 
 
 

Activision trademark
Indefinite
 
 
 
 
 
386

Acquired trade names
Indefinite
 
 
 
 
 
47

Total indefinite-lived intangible assets
 
 
 
 
 
 
$
433

Total intangible assets, net
 
 
 
 
 
 
$
482


The balances of intangible assets presented in the table above at December 31, 2016, does not include license agreement intangible assets that were fully amortized at December 31, 2015, and hence have been removed from the December 31, 2016 balances, as presented. Amortization expense of intangible assets was $708 million, $13 million, and $13 million for the years ended December 31, 2016, 2015, and 2014, respectively.
At December 31, 2016, future amortization of definite-lived intangible assets is estimated as follows (amounts in millions):
2017
$
756

2018
361

2019
216

2020
72

2021
11

Thereafter
9

Total
$
1,425


We did not record any impairment charges against our intangible assets for the years ended December 31, 2016, 2015, and 2014.