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CHARTER COMMUNICATIONS, INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
DECEMBER 31, 2012, 2011 AND 2010
(dollars in millions, except share or per share data or where indicated)
F- 14
As of December 31, 2012 and 2011, indefinite lived and finite-lived intangible assets are presented in the following table:
December 31,
2012 2011
Gross
Carrying
Amount Accumulated
Amortization
Net
Carrying
Amount
Gross
Carrying
Amount Accumulated
Amortization
Net
Carrying
Amount
Indefinite lived intangible assets:
Franchises $ 5,287 $ — $ 5,287 $ 5,288 $ — $ 5,288
Goodwill 953 — 953 954 — 954
Trademarks 158 — 158 158 — 158
$ 6,398 $ — $ 6,398 $ 6,400 $ — $ 6,400
Finite-lived intangible assets:
Customer relationships $ 2,368 $ 944 $ 1,424 $ 2,368 $ 664 $ 1,704
Other intangible assets 105 29 76 79 16 63
$ 2,473 $ 973 $ 1,500 $ 2,447 $ 680 $ 1,767
Amortization expense related to customer relationships and other intangible assets for the years ended December 31, 2012, 2011
and 2010 was $293 million, $315 million and $337 million, respectively. Franchises and goodwill decreased by $1 million and
$1 million, respectively, as a result of cable system divestitures completed during the year ended December 31, 2012. During the
year ended December 31, 2011, franchises, customer relationships and goodwill increased by $31 million, $10 million and $3
million, respectively, as a result of cable system acquisitions.
The Company expects amortization expense on its finite-lived intangible assets will be as follows.
2013 $ 269
2014 242
2015 216
2016 189
2017 163
Thereafter 421
$ 1,500
Actual amortization expense in future periods could differ from these estimates as a result of new intangible asset acquisitions or
divestitures, changes in useful lives, impairments and other relevant factors.