Software Development and Intellectual Property Licenses

9 Months Ended

Sep. 30, 2020

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, 2020		At December 31, 2019
Internally-developed software costs	$	510	$	345
Payments made to third-party software developers	33		31
Total software development costs	$	543	$	376

As of both September 30, 2020 and December 31, 2019, capitalized intellectual property licenses were not material.

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

	For the Three Months Ended September 30,				For the Nine Months Ended September 30,
	2020		2019		2020		2019
Amortization of capitalized software development costs and intellectual property licenses	$	37	$	11	$	149	$	175