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. 26, 2015

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 26, 2015
(In Millions)	Gross Assets		Accumulated Amortization			Net
Acquisition-related developed technology	$	2,928	$	(2,276	)	$	652
Acquisition-related customer relationships	1,738		(1,219		)	519
Acquisition-related brands	59		(55		)	4
Licensed technology and patents	3,017		(1,200		)	1,817
Identified intangible assets subject to amortization	7,742		(4,750		)	2,992
Acquisition-related brands	767		—			767
Other intangible assets	174		—			174
Identified intangible assets not subject to amortization	941		—			941
Total identified intangible assets	$	8,683	$	(4,750	)	$	3,933



	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 brands	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 brands	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

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:



	December 26, 2015			December 27, 2014
	Gross Assets (In Millions)		Estimated Useful Life (In Years)	Gross Assets (In Millions)		Estimated Useful Life (In Years)
Acquisition-related developed technology	$	238	6	$	175	6
Acquisition-related customer relationships	$	110	11	$	79	9
Licensed technology and patents	$	176	7	$	93	8

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:



Years Ended (In Millions)	Location	Dec 26, 2015		Dec 27, 2014		Dec 28, 2013
Acquisition-related developed technology	Cost of sales	$	343	$	600	$	576
Acquisition-related customer relationships	Amortization of acquisition-related intangibles	258		284		279
Acquisition-related brands	Amortization of acquisition-related intangibles	7		10		12
Licensed technology and patents	Cost of sales	282		275		272
Other intangible assets	Reduction of revenue	—		—		103
Total amortization expenses		$	890	$	1,169	$	1,242

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 26, 2015 (which do not include intangibles from the Altera acquisition), we expect future amortization expense for each period to be as follows:



(In Millions)	2016		2017		2018		2019		2020
Acquisition-related developed technology	$	260	$	115	$	101	$	98	$	64
Acquisition-related customer relationships	229		143		42		25		22
Acquisition-related brands	3		—		—		—		—
Licensed technology and patents	282		239		187		186		174
Total future amortization expenses	$	774	$	497	$	330	$	309	$	260