GOODWILL AND OTHER INTANGIBLE ASSETS
 9 Months Ended
Sep. 30, 2015
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL AND OTHER INTANGIBLE ASSETS
GOODWILL AND OTHER INTANGIBLE ASSETS
Intangible assets and goodwill consist of the following (in millions):
 
September 30, 2015
Weighted
Average
Useful Life
 
Gross
Carrying
Amount
Accumulated
Amortization
Net Carrying
Amount
Amortizable intangible assets:
 
 
 
 
 
Customer relationships
20
 
$
172

$
(80
)
$
92

Technology
21
 
193

(90
)
103

Franchise and other agreements
13
 
43

(20
)
23

Indefinite-lived intangible assets:
 
 
 
 
 
Trademarks
 
 
786

—

786

Total intangible assets
 
 
$
1,194

$
(190
)
$
1,004

Goodwill
 
 
$
1,167

 
 
 
December 31, 2014
Weighted
Average
Useful Life
 
Gross
Carrying
Amount
Accumulated
Amortization
Net Carrying
Amount
Amortizable intangible assets:
 
 
 
 
 
Customer relationships
19
 
$
172

$
(72
)
$
100

Technology
20
 
193

(83
)
110

Franchise and other agreements
12
 
39

(18
)
21

Indefinite-lived intangible assets:
 
 
 
 
 
Trademarks
 
 
786

—

786

Total intangible assets
 
 
$
1,190

$
(173
)
$
1,017

Goodwill
 
 
$
1,168

 
 

The changes in the gross carrying amount of intangible assets by asset group are as follows (in millions):
 
Customer relationships
 
Technology

 
Franchise and other agreements
 
Trademarks
 
Total
Balance at December 31, 2014
$
172

 
$
193

 
$
39

 
$
786

 
$
1,190

Additional Franchises and Agreements
—

 
—

 
4

 
—

 
4

Balance at September 30, 2015
$
172

 
$
193

 
$
43

 
$
786

 
$
1,194



Other Intangible Assets
The Company expects the ongoing amortization expense for amortizable intangible assets to be approximately $22 million in each of the next five fiscal years. The Company’s future cash flows are not materially impacted by its ability to extend or renew agreements related to our amortizable intangible assets.
Goodwill
The Company tests goodwill and indefinite-lived intangible assets for impairment during the fourth quarter of each year, or more frequently should circumstances change or events occur that would more likely than not reduce the fair value of a reporting unit below its carrying amount. No testing was deemed necessary in the first nine months of 2015.