Investor Presentaiton
FORM 10-K
9. Goodwill and acquisition-related intangibles
Goodwill, net, by segment as of December 31, 2016 and 2015, is as follows:
Analog ..
Embedded Processing
Other ..
Total
Goodwill
$ 4,158
172
32
$ 4,362
We perform our annual goodwill impairment test as of October 1 and determine whether the fair value of each of our reporting
units is in excess of its carrying value. Determination of fair value is based upon management estimates and judgment, using
unobservable inputs in discounted cash flow models to calculate the fair value of each reporting unit. These unobservable
inputs are considered Level 3 measurements, as described in Note 8. In 2016, 2015 and 2014, we determined no impairment
was indicated.
The components of Acquisition-related intangibles, net, are as follows:
Acquisition-Related Intangibles
Developed technology .
Customer relationships
Other intangibles
Total
December 31, 2016
December 31, 2015
Amortization
Period (Years)
7-10
8
Gross Carrying
Amount
$ 2,130
810
Accumulated
Amortization
Net
$1,144
532
$ 986
278
Gross Carrying
Amount
$2,131
Accumulated
Amortization
Net
$ 928
$ 1,203
810
431
379
5
-
-
-
3
2
1
$2,940
$1,676
$1,264
$ 2,944
$ 1,361
$ 1,583
Amortization of acquisition-related intangibles was $319 million, $319 million and $321 million in 2016, 2015 and 2014,
respectively, primarily related to developed technology. Fully amortized assets are written off against accumulated amortization.
Future estimated amortization of acquisition-related intangibles is as follows:
2017
2018
2019
2020
2021
Amortization of
Acquisition-Related
Intangibles
$318
318
288
198
142
Thereafter
10. Postretirement benefit plans
Plan descriptions
We have various employee retirement plans, including defined contribution, defined benefit and retiree health care benefit plans.
For qualifying employees, we offer deferred compensation arrangements.
U.S. retirement plans
Our principal retirement plans in the U.S. are a defined contribution plan; an enhanced defined contribution plan; and qualified and
non-qualified defined benefit pension plans. The defined benefit plans were closed to new participants in 1997, and then current
participants were allowed to make a one-time election to continue accruing a benefit in the plans, or to cease accruing a benefit
and instead to participate in the enhanced defined contribution plan described below.
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