Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2013
Goodwill And Intangible Assets Disclosure [Abstract]  
Changes in Carrying Amount of Goodwill and Intangible Assets

The changes in the carrying amount of goodwill and intangible assets for the Company between January 1, 2013 and December 31, 2013 are as follows:

 

(in $ millions)    January 1,
2013
    Additions     Retirements     Foreign
Exchange
    December 31,
2013
 

Non-Amortizable Assets:

          

Goodwill

     986                             986   

Trademarks and tradenames

     314                             314   

Other Intangible Assets:

          

Acquired customer relationships

     1,129                             1,129   

Accumulated amortization

     (530     (80                   (610
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Acquired customer relationships, net

     599        (80                   519   
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Customer loyalty payments

     274        98        (66            306   

Accumulated amortization

     (156     (63     66        (1     (154
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Customer loyalty payments, net

     118        35               (1     152   
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Other intangible assets, net

     717        (45            (1     671   
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

The changes in the carrying amount of goodwill and intangible assets for the Company between January 1, 2012 and December 31, 2012 are as follows:

   

(in $ millions)    January 1,
2012
    Additions     Retirements     Foreign
Exchange
    December 31,
2012
 

Non-Amortizable Assets:

          

Goodwill

     986                             986   

Trademarks and tradenames

     314                             314   

Other Intangible Assets:

          

Acquired customer relationships

     1,129                             1,129   

Accumulated amortization

     (448     (82                   (530
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Acquired customer relationships, net

     681        (82                   599   
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Customer loyalty payments

     269        50        (45            274   

Accumulated amortization

     (140     (62     45        1        (156
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Customer loyalty payments, net

     129        (12            1        118   
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Other intangible assets, net

     810        (94            1        717   
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
Expected Amortization Expense

The Company expects amortization expense relating to acquired customer relationships and customer loyalty payments balances as of December 31, 2013 to be:

 

                                                         
     Year Ending December 31,  
(in $ millions)    Acquired Customer
Relationships
     Customer Loyalty
Payments
 

2014

     76         59   

2015

     68         39   

2016

     39         22   

2017

     42         14   

2018

     41         7