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Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2020
Goodwill And Intangible Assets Disclosure [Abstract]  
Schedule of Intangible Assets and Related Amortization Expense

Intangible assets and related amortization expense were as follows:

 

 

 

December 31, 2020

 

($ in millions)

 

Gross

Carrying

Amount

 

 

Accumulated

Amortization

 

 

Net Carrying

Amount

 

Management agreements

 

$

89

 

 

$

(51

)

 

$

38

 

Capitalized software

 

 

94

 

 

$

(51

)

 

 

43

 

 

 

$

183

 

 

$

(102

)

 

$

81

 

 

 

 

 

December 31, 2019

 

($ in millions)

 

Gross

Carrying

Amount

 

 

Accumulated

Amortization

 

 

Net Carrying

Amount

 

Management agreements

 

$

88

 

 

$

(46

)

 

$

42

 

Capitalized software

 

 

73

 

 

 

(38

)

 

 

35

 

 

 

$

161

 

 

$

(84

)

 

$

77

 

 

Schedule of Estimated Future Amortization Expense

As of December 31, 2020, we estimated our future amortization expense for our amortizing intangible assets to be as follows:

 

($ in millions)

 

Future

Amortization

Expense

 

Year

 

 

 

 

2021

 

$

23

 

2022

 

 

19

 

2023

 

 

12

 

2024

 

 

3

 

2025

 

 

3

 

Thereafter

 

 

21

 

 

 

$

81