Intel Corporation Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Identified Intangible Assets (Tables)

Identified Intangible Assets (Tables)

12 Months Ended

Dec. 27, 2014

Intangible Assets, Net (Excluding Goodwill) [Abstract]

Schedule Of Intangible Assets By Major Class [Table Text Block]

Identified intangible assets at the end of each period were as follows:



	December 27, 2014
(In Millions)	Gross Assets		Accumulated Amortization			Net
Acquisition-related developed technology	$	3,009	$	(2,192	)	$	817
Acquisition-related customer relationships	1,698		(1,001		)	697
Acquisition-related trade names	61		(49		)	12
Licensed technology and patents	3,153		(1,224		)	1,929
Identified intangible assets subject to amortization	7,921		(4,466		)	3,455
Acquisition-related trade names	788		—			788
Other intangible assets	203		—			203
Identified intangible assets not subject to amortization	991		—			991
Total identified intangible assets	$	8,912	$	(4,466	)	$	4,446



	December 28, 2013
(In Millions)	Gross Assets		Accumulated Amortization			Net
Acquisition-related developed technology	$	2,922	$	(1,691	)	$	1,231
Acquisition-related customer relationships	1,760		(828		)	932
Acquisition-related trade names	65		(44		)	21
Licensed technology and patents	3,093		(974		)	2,119
Identified intangible assets subject to amortization	7,840		(3,537		)	4,303
Acquisition-related trade names	818		—			818
Other intangible assets	29		—			29
Identified intangible assets not subject to amortization	847		—			847
Total identified intangible assets	$	8,687	$	(3,537	)	$	5,150

Schedule of Acquired Finite-Lived Intangible Assets by Major Class [Table Text Block]

As a result of our acquisitions and purchases of licensed technology and patents, identified intangible assets recorded for each period and their respective estimated weighted average useful life were as follows:



	2014			2013
	Gross Assets (In Millions)		Estimated Useful Life (In Years)	Gross Assets (In Millions)		Estimated Useful Life (In Years)
Acquisition-related developed technology	$	175	6	$	114	5
Acquisition-related customer relationships	$	79	9	$	60	7
Licensed technology and patents	$	93	8	$	36	10

Finite-lived Intangible Assets Amortization Expense [Table Text Block]

Amortization expenses, with presentation location on the consolidated statements of income, for each period were as follows:



(In Millions)	Location	2014		2013		2012
Acquisition-related developed technology	Cost of sales	$	600	$	576	$	557
Acquisition-related customer relationships	Amortization of acquisition-related intangibles	284		279		296
Acquisition-related trade names	Amortization of acquisition-related intangibles	10		12		12
Licensed technology and patents	Cost of sales	275		272		214
Other intangible assets	Reduction of revenue	—		103		86
Total amortization expenses		$	1,169	$	1,242	$	1,165

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]

Based on identified intangible assets that are subject to amortization as of December 27, 2014, we expect future amortization expense for each period to be as follows:



(In Millions)	2015		2016		2017		2018		2019
Acquisition-related developed technology	$	330	$	240	$	91	$	69	$	60
Acquisition-related customer relationships	247		229		141		35		15
Acquisition-related trade names	9		3		—		—		—
Licensed technology and patents	263		248		210		168		167
Total future amortization expenses	$	849	$	720	$	442	$	272	$	242