DELPHI 2015 Annual Report Download - page 108
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Table of Contents
86
Estimated amortization expense for the years ending December 31, 2016, 2017, 2018, 2019 and 2020 is presented below:
Year Ending December 31,
2016 2017 2018 2019 2020
(in millions)
Estimated amortization expense ........................ $ 136 $ 134 $ 129 $ 117 $ 116
A roll-forward of the gross carrying amounts of intangible assets for the years ended December 31, 2015 and 2014 is
presented below.
2015 2014
(in millions)
Balance at January 1 ................................................................................................................... $ 1,782 $ 1,516
Acquisitions (1) ........................................................................................................................ 1,701 384
Foreign currency translation and other..................................................................................... (81)(118)
Balance at December 31 ............................................................................................................. $ 3,402 $ 1,782
(1) Primarily attributable to the 2014 acquisitions of Antaya Technologies Corporation and Unwired Holdings, Inc. and the 2015 acquisitions of
HellermannTyton Group PLC, Control-Tec LLC and Ottomatika, Inc., as further described in Note 20. Acquisitions and Divestitures.
A roll-forward of the accumulated amortization for the years ended December 31, 2015 and 2014 is presented below:
2015 2014
(in millions)
Balance at January 1 ................................................................................................................... $ 398 $ 322
Amortization............................................................................................................................. 93 94
Foreign currency translation and other..................................................................................... (11)(18)
Balance at December 31 ............................................................................................................. $ 480 $ 398
A roll-forward of the carrying amount of goodwill, by operating segment, for the years ended December 31, 2015 and
2014 is presented below:
Electrical/
Electronic
Architecture
Powertrain
Systems
Electronics
and Safety Total
(in millions)
Balance at January 1, 2014 ...................................................................... $ 487 $ 9 $ — $ 496
Acquisitions (1) ..................................................................................... 223 — — 223
Foreign currency translation and other.................................................. (62)(1) — (63)
Balance at December 31, 2014 ................................................................ $ 648 $ 8 $ — $ 656
Acquisitions (2) ..................................................................................... $ 856 $ — $ 73 $ 929
Foreign currency translation and other.................................................. (46) — — (46)
Balance at December 31, 2015 ................................................................ $ 1,458 $ 8 $ 73 $ 1,539
(1) Primarily attributable to the acquisitions of Antaya Technologies Corporation and Unwired Holdings, Inc., as further described in Note 20. Acquisitions
and Divestitures.
(2) Primarily attributable to the acquisitions of HellermannTyton Group PLC, Control-Tec LLC and Ottomatika, Inc., as further described in Note 20.
Acquisitions and Divestitures.