XML 51 R41.htm IDEA: XBRL DOCUMENT v3.22.1
Intangible Assets (Tables)
3 Months Ended
Mar. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Intangible Assets and Related Amortization Expense

Intangible assets and related accumulated amortization were as follows:

 

March 31, 2022

 

($ in millions)

Gross Carrying Amount

 

 

Accumulated Amortization

 

 

Net Carrying Amount

 

Trade name

$

18

 

 

$

(8

)

 

$

10

 

Management contracts

 

1,340

 

 

 

(137

)

 

 

1,203

 

Club member relationships

 

139

 

 

 

(18

)

 

 

121

 

Capitalized software

 

144

 

 

 

(78

)

 

 

66

 

 

$

1,641

 

 

$

(241

)

 

$

1,400

 

 

 

 

 

 

 

 

 

 

 

December 31, 2021

 

($ in millions)

Gross Carrying Amount

 

 

Accumulated Amortization

 

 

Net Carrying Amount

 

Trade name

$

18

 

 

$

(5

)

 

$

13

 

Management contracts

 

1,340

 

 

 

(106

)

 

 

1,234

 

Club member relationships

 

139

 

 

 

(12

)

 

 

127

 

Capitalized software

 

138

 

 

 

(71

)

 

 

67

 

 

$

1,635

 

 

$

(194

)

 

$

1,441