Humana 2015 Annual Report Download - page 119
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Humana Inc.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued)
111
The following table presents details of our other intangible assets included in other long-term assets in the
accompanying consolidated balance sheets at December 31, 2015 and 2014 and excludes Concentra amounts classified
as held-for-sale as of December 31, 2014 for comparative purposes. Net other intangible assets associated with
Concentra and classified as held-for-sale at December 31, 2014 were $132 million.
Weighted
Average
Life
2015 2014
Cost Accumulated
Amortization Net Cost Accumulated
Amortization Net
(in millions)
Other intangible assets:
Customer contracts/relationships 9.8 years $ 566 $ 292 $ 274 $ 657 $ 326 $ 331
Trade names and technology 8.3 years 104 54 50 115 50 65
Provider contracts 14.6 years 51 24 27 52 21 31
Noncompetes and other 8.2 years 32 26 6 41 28 13
Total other intangible assets 9.8 years $ 753 $ 396 $ 357 $ 865 $ 425 $ 440
Amortization expense for other intangible assets was approximately $93 million in 2015, $121 million in 2014,
and $117 million in 2013. The following table presents our estimate of amortization expense for each of the five next
succeeding fiscal years:
(in millions)
For the years ending December 31,:
2016 $ 78
2017 71
2018 62
2019 51
2020 47