3M 2013 Annual Report Download - page 69
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63
Amortization expense for the years ended December 31 follows:
(Millions)
2013
2012
2011
Amortization expense $
236 $
233 $
235
Expected amortization expense for acquired amortizable intangible assets recorded as of December 31, 2013 follows:
After
(Millions) 2014 2015 2016 2017 2018 2018
Amortization expense $
214
$
200 $
186 $
171 $
154
$
634
The preceding expected amortization expense is an estimate. Actual amounts of amortization expense may differ from
estimated amounts due to additional intangible asset acquisitions, changes in foreign currency exchange rates,
impairment of intangible assets, accelerated amortization of intangible assets and other events. 3M expenses the costs
incurred to renew or extend the term of intangible assets.