Viacom Inc. | 2013 | FY | 3


NOTE 6. GOODWILL AND INTANGIBLES

Goodwill

The following table details the change in goodwill by segment for 2013 and 2012:

Intangibles

The following table details our intangible asset balances by major asset classes:

Amortization expense relating to intangible assets was $63 million for 2013 and 2012 and $82 million for 2011. We expect our aggregate annual amortization expense for existing intangible assets subject to amortization at September 30, 2013 to be as follows for each of the next five fiscal years:

Goodwill Media  Filmed   
(in millions) Networks Entertainment Total
Balance at September 30, 2011 $ 9,471 $ 1,593 $ 11,064
Foreign currency translation   (19)   -   (19)
          
Balance at September 30, 2012   9,452   1,593   11,045
Acquisitions   54   -   54
Foreign currency translation   (20)   -   (20)
          
Balance at September 30, 2013 $ 9,486 $ 1,593 $ 11,079
          

       
Intangibles September 30,
(in millions) 2013 2012
Finite-lived intangible assets:      
Subscriber agreements $ 58 $ 65
Film distribution and fulfillment services   280   280
Other intangible assets   438   413
       
Total finite-lived intangible assets   776   758
       
Accumulated amortization on finite-lived intangible assets:      
Subscriber agreements   (35)   (33)
Film distribution and fulfillment services   (268)   (233)
Other intangible assets   (249)   (219)
       
Total accumulated amortization on finite-lived intangible assets   (552)   (485)
       
Finite-lived intangible assets, net $ 224 $ 273
       
Trademarks and other, indefinite-lived   55   55
       
Total intangibles, net $ 279 $ 328
       

Amortization of Intangibles               
(in millions)  2014  2015  2016  2017  2018
Amortization expense $ 36 $ 23 $ 25 $ 25 $ 19

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