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McKESSON CORPORATION
FINANCIAL NOTES (Continued)
84
Information regarding intangible assets is as follows:
March 31, 2014 March 31, 2013
(Dollars in millions)
Weighted
Average
Remaining
Amortization
Period
(Years)
Gross
Carrying
Amount Accumulated
Amortization
Net
Carrying
Amount
Gross
Carrying
Amount Accumulated
Amortization
Net
Carrying
Amount
Customer lists 10 $ 3,384 $ (863) $ 2,521 $ 1,761 $ (672) $ 1,089
Service agreements 16 995 (173) 822 1,018 (114) 904
Pharmacy licenses 26 1,219 (11) 1,208 — — —
Trademarks and trade names 15 371 (59) 312 208 (46) 162
Technology 3 219 (173) 46 271 (207) 64
Other 5 165 (52) 113 89 (38) 51
Total $ 6,353 $ (1,331) $ 5,022 $ 3,347 $ (1,077) $ 2,270
Amortization expense of intangible assets was $319 million, $215 million and $191 million for 2014, 2013 and 2012. Estimated
annual amortization expense of intangible assets is as follows: $469 million, $509 million, $465 million, $461 million and
$445 million for 2015 through 2019, and $2,673 million thereafter. All intangible assets were subject to amortization as of
March 31, 2014 and 2013.
13. Capitalized Software Held for Sale, Net
Changes in the carrying amount of capitalized software held for sale, net, which is included in other assets in the consolidated
balance sheets, were as follows:
Years Ended March 31,
(In millions) 2014 2013 2012
Balance, at beginning of period $ 126 $ 144 $ 152
Amounts capitalized 40 49 47
Amortization expense (50)(56)(53)
Impairment charges (12)(10) —
Foreign currency translations adjustments, net (1)(1)(2)
Balance, at end of period $ 103 $ 126 $ 144
Additionally, third party royalty fees paid were $91 million, $88 million and $95 million during 2014, 2013 and 2012.