Medtronic 2014 Annual Report Download - page 101

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Medtronic, Inc.
Notes to Consolidated Financial Statements (Continued)
Balances of other intangible assets, net, for fiscal years 2014 and 2013 are as follows:
(in millions)
Purchased
Technology
and
Patents
Trademarks
and
Tradenames
Acquired
IPR&D Other Total
Other intangible assets as of April 25, 2014
Original cost $ 3,857 $ 408 $ 119 $ 200 $ 4,584
Accumulated amortization (1,878) (332) — (88) (2,298)
Carrying value $ 1,979 $ 76 $ 119 $ 112 $ 2,286
Weighted average original life (in years) 12.7 11.8 N/A 8.7
Other intangible assets as of April 26, 2013
Original cost $ 3,896 $ 408 $ 363 $ 104 $ 4,771
Accumulated amortization (1,702) (320) — (76) (2,098)
Carrying value $ 2,194 $ 88 $ 363 $ 28 $ 2,673
Weighted average original life (in years) 12.5 11.8 N/A 8.8
Amortization expense for fiscal years 2014, 2013, and 2012 was $349 million, $331 million, and $335 million, respectively.
Estimated aggregate amortization expense based on the current carrying value of amortizable intangible assets, excluding any
possible future amortization associated with acquired IPR&D, which has not met technological feasibility, is as follows:
(in millions)
Fiscal Year
Amortization
Expense
2015 $ 338
2016 326
2017 304
2018 289
2019 244
Thereafter 666
$ 2,167
93