Software Development and Intellectual Property Licenses

9 Months Ended

Sep. 30, 2017

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 (amounts in millions):

	At September 30, 2017		At December 31, 2016
Internally-developed software costs	$	266	$	277
Payments made to third-party software developers	225		189
Total software development costs	$	491	$	466

As of September 30, 2017 and December 31, 2016, intellectual property licenses were not material to our condensed consolidated balance sheets.

Amortization of capitalized software development costs and intellectual property licenses was as follows (amounts in millions):

23	For the Three Months Ended September 30,				For the Nine Months Ended September 30,
	2017		2016		2017		2016
Amortization of capitalized software development costs and intellectual property licenses	$	34	$	47	$	206	$	260