Goodwill, Spectrum License Transactions and Other Intangible Assets (Tables)
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12 Months Ended |
Dec. 31, 2021 |
| Goodwill and Intangible Assets Disclosure [Abstract] |
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| Schedule of Goodwill |
The changes in the carrying amount of goodwill for the years ended December 31, 2021 and 2020, are as follows: | | | | | | | (in millions) | Goodwill | | | Historical goodwill, net of accumulated impairment losses of $10,766 | $ | 1,930 | | | Goodwill from acquisition in 2020 | 9,405 | | | Layer3 goodwill impairment | (218) | | | Balance as of December 31, 2020 | 11,117 | | | Purchase price adjustment of goodwill from acquisitions in 2020 | 22 | | | Goodwill from acquisitions in 2021 | 1,049 | | | | | | | Balance as of December 31, 2021 | $ | 12,188 | | | Accumulated impairment losses at December 31, 2021 | $ | (10,984) | | | | | | | | | | | | | | | | | | | | | |
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| Schedule of Fair Value of Intangible Assets Acquired in Merger |
The following table summarizes the fair value of the intangible assets acquired in the Merger: | | | | | | | | | | | | | Weighted-Average Useful Life (in years) | | Fair Value as of April 1, 2020 (in millions) | | Spectrum licenses | Indefinite-lived | | $ | 45,400 | | Tradenames (1) | 2 years | | 207 | | | Customer relationships | 8 years | | 4,900 | | | Favorable spectrum leases | 18 years | | 745 | | | Other intangible assets | 7 years | | 428 | | | Total intangible assets acquired | | | $ | 51,680 | |
(1) Tradenames include the Sprint brand
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| Schedule of Spectrum Licenses |
The following table summarizes our spectrum license activity for the years ended December 31, 2021, 2020 and 2019: | | | | | | | | | | | | | | | | | | | (in millions) | 2021 | | 2020 | | 2019 | | Spectrum licenses, beginning of year | $ | 82,828 | | | $ | 36,465 | | | $ | 35,559 | | | | | | | | | Spectrum license acquisitions | 9,545 | | | 1,023 | | | 857 | | | Spectrum licenses acquired in Merger | — | | | 45,400 | | | — | | | Spectrum licenses transferred to held for sale | (28) | | | (83) | | | — | | | Costs to clear spectrum | 261 | | | 23 | | | 49 | | | | | | | | | Spectrum licenses, end of year | $ | 92,606 | | | $ | 82,828 | | | $ | 36,465 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
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| Schedule of Other Intangible Assets |
The components of Other intangible assets were as follows: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Useful Lives | | December 31, 2021 | | December 31, 2020 | | (in millions) | | Gross Amount | | Accumulated Amortization | | Net Amount | | Gross Amount | | Accumulated Amortization | | Net Amount | | | | | | | | | | | | | | | | Customer relationships | Up to 8 years | | $ | 4,879 | | | $ | (1,863) | | | $ | 3,016 | | | $ | 4,900 | | | $ | (865) | | | $ | 4,035 | | | Reacquired rights | Up to 9 years | | 770 | | | (46) | | | 724 | | | — | | | — | | | — | | | Tradenames and patents | Up to 19 years | | 171 | | | (91) | | | 80 | | | 598 | | | (412) | | | 186 | | | Favorable spectrum leases | Up to 27 years | | 728 | | | (74) | | | 654 | | | 790 | | | (35) | | | 755 | | | Other | Up to 10 years | | 377 | | | (118) | | | 259 | | | 377 | | | (55) | | | 322 | | | | | | | | | | | | | | | | | Other intangible assets | | | $ | 6,925 | | | $ | (2,192) | | | $ | 4,733 | | | $ | 6,665 | | | $ | (1,367) | | | $ | 5,298 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
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| Schedule of Estimated Aggregate Future Amortization Expense |
The estimated aggregate future amortization expense for intangible assets subject to amortization are summarized below: | | | | | | | (in millions) | Estimated Future Amortization | | | | Twelve Months Ending December 31, | | | 2022 | $ | 1,072 | | | 2023 | 917 | | | 2024 | 760 | | | 2025 | 601 | | | 2026 | 440 | | | Thereafter | 943 | | | | | Total | $ | 4,733 | | | | | | | | | | | | | |
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