Delta Airlines 2015 Annual Report Download - page 79
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TableofContents
NOTE5.INTANGIBLEASSETS
Indefinite-Lived Intangible Assets
CarryingValueatDecember31,
(inmillions) 2015 2014
Internationalroutesandslots $ 2,563 $ 2,287
Deltatradename 850 850
SkyTeam-relatedassets 661 661
Domesticslots 622 622
Total $ 4,696 $ 4,420
InternationalRoutesandSlots.OurinternationalroutesandslotsprimarilyrelatetoPacificrouteauthoritiesandslotsatTokyo-NaritaandLondon-Heathrow
airports.DuringtheDecember2015quarter,weacquiredsixLondon-Heathrowslotpairsfor$276millionwepreviouslyleasedfromAirFrance-KLM.
DomesticSlots.OurdomesticslotsrelatetoourslotsatNewYork-LaGuardiaandWashington-ReaganNationalairports.
Changestoouroperationscouldresultinanimpairmentchargeorachangefromindefinite-livedtodefinite-livedintheperiodinwhichthechangesoccuror
areprojectedtooccur.
Definite-Lived Intangible Assets
December31,2015
December31,2014
(inmillions)
Gross
Carrying
Value
Accumulated
Amortization
Gross
Carrying
Value
Accumulated
Amortization
Marketingagreements $ 730 $ (658)
$ 730 $ (648)
Contracts 193 (100)
193 (92)
Other 53 (53)
53 (53)
Total $ 976 $ (811)
$ 976 $ (793)
Amortizationexpensewas$18million,$55millionand$70millionfortheyearsendedDecember31,2015,2014and2013,respectively.Weestimatethat
wewillincurapproximately$17millionofamortizationexpenseannuallythrough2020.
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