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Registration of securities issued in business combination transactions

INTANGIBLE ASSETS

v2.4.0.8
INTANGIBLE ASSETS
 12 Months Ended
Dec. 31, 2013
INTANGIBLE ASSETS Ìý
INTANGIBLE ASSETS

8. INTANGIBLE ASSETS

ÌýÌýÌýÌýÌýÌýÌýÌýThe gross carrying amount and accumulated amortization of intangible assets were as follows (dollars in millions):

Ìý
 Ìý DecemberÌý31, 2013 Ìý DecemberÌý31, 2012 Ìý
Ìý
 Ìý Carrying
Amount		 Ìý Accumulated
Amortization		 Ìý Net Ìý Carrying
Amount		 Ìý Accumulated
Amortization		 Ìý Net Ìý

Patents, trademarks and technology

 Ìý $ 384 Ìý $ 339 Ìý $ 45 Ìý $ 355 Ìý $ 318 Ìý $ 37 Ìý

Licenses and other agreements

 Ìý Ìý 52 Ìý Ìý 19 Ìý Ìý 33 Ìý Ìý 41 Ìý Ìý 16 Ìý Ìý 25 Ìý

Non-compete agreements

 Ìý Ìý 4 Ìý Ìý 2 Ìý Ìý 2 Ìý Ìý 2 Ìý Ìý 2 Ìý Ìý â€� Ìý

Other intangibles

 Ìý Ìý 70 Ìý Ìý 62 Ìý Ìý 8 Ìý Ìý 68 Ìý Ìý 60 Ìý Ìý 8 Ìý
Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý
� � � � � � � � � � � � � � � � � � � �

Total

 Ìý $ 510 Ìý $ 422 Ìý $ 88 Ìý $ 466 Ìý $ 396 Ìý $ 70 Ìý
Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý
� � � � � � � � � � � � � � � � � � � �
� � � � � � � � � � � � � � � � � � � �
Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý

ÌýÌýÌýÌýÌýÌýÌýÌýAmortization expense was $21Ìýmillion, $23Ìýmillion and $30Ìýmillion for the years ended DecemberÌý31, 2013, 2012 and 2011, respectively.

ÌýÌýÌýÌýÌýÌýÌýÌýOur estimated future amortization expense for intangible assets over the next five years is as follows (dollars in millions):

Year ending DecemberÌý31,
Ìý Ìý
 Ìý

2014

 Ìý $ 15 Ìý

2015

 Ìý Ìý 8 Ìý

2016

 Ìý Ìý 8 Ìý

2017

 Ìý Ìý 7 Ìý

2018

 Ìý Ìý 6 Ìý