3M 2012 Annual Report Download - page 71
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65
Amortization expense for the years ended December 31 follows:
(Millions)
2012
2011
2010
Amortization expense
$
233
$
235
$
176
Expected amortization expense for acquired amortizable intangible assets recorded as of December 31, 2012 follows:
After
(Millions)
2013
2014
2015
2016
2017
2017
Amortization expense
$
239
$
214
$
200
$
186
$
171
$
788
The preceding expected amortization expense is an estimate. Actual amounts of amortization expense may differ from
estimated amounts due to additional intangible asset acquisitions, changes in foreign currency exchange rates,
impairment of intangible assets, accelerated amortization of intangible assets and other events. 3M expenses the costs
incurred to renew or extend the term of intangible assets.
65