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Table of Contents VMware, Inc.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (continued)
As of December 31, 2014 , definite-lived intangible assets consisted of the following (amounts in table in millions):
As of December 31, 2013 , definite-lived intangible assets consisted of the following (amounts in table in millions):
During the years ended December 31, 2014 , 2013 and 2012 , amortization expense was $141 million , $107 million and $96 million ,
respectively.
Based on intangible assets recorded as of December 31, 2014 and assuming no subsequent additions or impairment of underlying assets, the
remaining estimated annual amortization expense is expected to be as follows (table in millions):
76
December 31, 2014
Weighted-
Average
Useful Lives
(in years)
Gross Carrying
Amount
Accumulated
Amortization
Net Book
Value
Purchased technology 6.5
$
699
$
(252
)
$
447
Leasehold interest 34.9
149
(15
)
134
Customer relationships and customer lists 8.2
157
(53
)
104
Trademarks and tradenames 8.6
61
(9
)
52
Other 2.7
18
(7
)
11
Total definite-lived intangible assets
$
1,084
$
(336
)
$
748
December 31, 2013
Weighted-
Average
Useful Lives
(in years)
Gross Carrying
Amount
Accumulated
Amortization
Net Book
Value
Purchased technology 6.6
$
580
$
(163
)
$
417
Leasehold interest 34.9
145
(11
)
134
Customer relationships and customer lists 8.7
75
(37
)
38
Trademarks and tradenames 9.1
24
(7
)
17
IPR&D
1
1
Total definite-lived intangible assets
$
825
$
(218
)
$
607
2015
$
143
2016
126
2017
119
2018
107
2019
86
Thereafter
167
Total
$
748