Rendering
| Component: (Network and Table) |
|---|
| Network | 100330 - Disclosure - Intangibles (Tables) (http://www.distributionnow.com/20161231/taxonomy/role/DisclosureIntangiblesTables) |
| Table | (Implied) |
Slicers (applies to each fact value in each table cell)
| Reporting Entity [Axis] | 0001599617 (http://www.sec.gov/CIK) |
| Intangible Assets Net Excluding Goodwill [Abstract] | Period [Axis] |
|---|
2016-01-01 - 2016-12-31 |
|---|
Intangible Assets Net Excluding Goodwill [Abstract] | |
Identified Intangible Assets by Major Classification |
Identified intangible assets by major classification consist of the following (in millions):
|
|
|
|
|
|
|
Accumulated |
|
|
Net Book |
|
|
|
|
Gross |
|
|
Amortization |
|
|
Value |
|
|
December 31, 2014: |
|
|
|
|
|
|
|
|
|
|
|
|
|
Trademarks and patents |
|
$ |
61 |
|
|
$ |
(9 |
) |
|
$ |
52 |
|
|
Customer relationships |
|
|
24 |
|
|
|
(4 |
) |
|
|
20 |
|
|
Other (covenant not to compete) |
|
|
5 |
|
|
|
(4 |
) |
|
|
1 |
|
|
Total identified intangibles |
|
$ |
90 |
|
|
$ |
(17 |
) |
|
$ |
73 |
|
|
December 31, 2015: |
|
|
|
|
|
|
|
|
|
|
|
|
|
Trademarks and patents |
|
$ |
85 |
|
|
$ |
(14 |
) |
|
$ |
71 |
|
|
Customer relationships |
|
|
103 |
|
|
|
(12 |
) |
|
|
91 |
|
|
Other (covenant not to compete) |
|
|
5 |
|
|
|
(4 |
) |
|
|
1 |
|
|
Currency translation adjustments and other |
|
|
(2 |
) |
|
|
— |
|
|
|
(2 |
) |
|
Total identified intangibles |
|
$ |
191 |
|
|
$ |
(30 |
) |
|
$ |
161 |
|
|
December 31, 2016: |
|
|
|
|
|
|
|
|
|
|
|
|
|
Trademarks and patents |
|
$ |
105 |
|
|
$ |
(20 |
) |
|
$ |
85 |
|
|
Customer relationships |
|
|
125 |
|
|
|
(22 |
) |
|
|
103 |
|
|
Other (covenant not to compete) |
|
|
11 |
|
|
|
(6 |
) |
|
|
5 |
|
|
Currency translation adjustments and other |
|
|
(11 |
) |
|
|
2 |
|
|
|
(9 |
) |
|
Total identified intangibles |
|
$ |
230 |
|
|
$ |
(46 |
) |
|
$ |
184 |
|
|
Schedule of Estimated Amortization of Intangible Assets |
Amortization expense was $21 million, $13 million and $5 million for the years ended December 31, 2016, 2015, and 2014, respectively. The following table represents the total estimated amortization of intangible assets for the five succeeding years (in millions):
|
For the Year Ending December 31 |
|
Estimated Amortization Expense |
|
|
2017 |
|
$ |
22 |
|
|
2018 |
|
|
19 |
|
|
2019 |
|
|
18 |
|
|
2020 |
|
|
18 |
|
|
2021 |
|
|
18 |
|
|