eBay 2015 Annual Report Download - page 95

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eBay Inc.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)
We conducted our annual impairment test of goodwill as of August 31, 2015. As of December 31, 2015, we
determined that no impairment of the carrying value of goodwill for any reporting units was required.
Intangible Assets
The components of identifiable intangible assets are as follows:
December 31, 2015 December 31, 2014
Gross
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Amount
Weighted
Average
Useful Life
(Years)
Gross
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Amount
Weighted
Average
Useful Life
(Years)
(In millions, except years)
Intangible assets:
Customer lists
and user base $ 419 $ (399) $20 5 $ 434 $ (407) $ 27 5
Marketing related 594 (570) 24 5 642 (596) 46 5
Developed
technologies 238 (215) 23 4 237 (195) 42 4
All other 157 (134) 23 4 144 (126) 18 4
$1,408 $(1,318) $90 $1,457 $(1,324) $133
Amortization expense for intangible assets was $66 million, $120 million and $175 million for the years
ended December 31, 2015, 2014 and 2013, respectively.
Expected future intangible asset amortization as of December 31, 2015 is as follows (in millions):
Fiscal years:
2016 $47
2017 33
2018 10
2019 —
2020 —
Thereafter —
$90
Note 6 — Segments
We have one operating and reportable segment. Our chief operating decision maker reviews financial
information presented on a consolidated basis for purposes of allocating resources and evaluating financial
performance. During the second quarter of 2015, we classified the results of Enterprise, formerly our Enterprise
segment, as discontinued operations in our consolidated statement of income for all periods presented. During the
third quarter of 2015, we have classified the results of PayPal, formerly our Payments segment, as discontinued
operations in our consolidated statement of income for all periods presented. See “Note 4 — Discontinued
Operations” for additional information.
F-21