Boeing 2014 Annual Report Download - page 77

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65
Note 2 – Goodwill and Acquired Intangibles
Changes in the carrying amount of goodwill by reportable segment for the years ended December 31,
2014 and 2013 were as follows:
Commercial
Airplanes
Boeing
Military
Aircraft
Network
& Space
Systems
Global
Services
& Support Total
Balance at January 1, 2013 $2,125 $946 $1,513 $451 $5,035
Acquisitions 18 7 25
Goodwill adjustments (17) (17)
Balance at December 31, 2013 $2,108 $964 $1,513 $458 $5,043
Acquisitions 45 57 102
Goodwill adjustments (22) (4) (26)
Balance at December 31, 2014 $2,131 $964 $1,566 $458 $5,119
As of December 31, 2014 and 2013, we had indefinite-lived intangible assets with carrying amounts of
$490 and $497 relating to trade names.
The gross carrying amounts and accumulated amortization of our acquired finite-lived intangible assets
were as follows at December 31:
2014 2013
Gross
Carrying
Amount
Accumulated
Amortization
Gross
Carrying
Amount
Accumulated
Amortization
Distribution rights $2,245 $550 $2,275 $483
Product know-how 494 216 507 199
Customer base 619 381 615 347
Developed technology 500 386 853 742
Other 202 148 233 157
Total $4,060 $1,681 $4,483 $1,928
Amortization expense for acquired finite-lived intangible assets for the years ended December 31, 2014
and 2013 was $227 and $205. Estimated amortization expense for the five succeeding years is as follows:
2015 2016 2017 2018 2019
Estimated amortization expense $215 $210 $201 $190 $182
During 2014 and 2013 we acquired $87 and $144 of finite-lived intangible assets, of which $24 and $0
related to non-cash investing and financing transactions. Total acquired finite-lived intangibles of $24 and
$182 remain unpaid as of December 31, 2014 and 2013.