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Other Intangibles
3 Months Ended
Mar. 31, 2021
Other Intangibles [Abstract]  
Other Intangibles (7) Other Intangibles:

The components of other intangibles are as follows:

March 31, 2021

December 31, 2020

Gross Carrying

Accumulated

Net Carrying

Gross Carrying

Accumulated

Net Carrying

($ in millions)

Amount

Amortization

Amount

Amount

Amortization

Amount

    

Other Intangibles:

Customer base

$

4,332 

$

(3,856)

$

476 

$

4,332 

$

(3,781)

$

551 

Trade name

122 

-

122 

122 

-

122 

Royalty agreement

72 

(72)

-

72 

(68)

4 

Total other intangibles

$

4,526 

$

(3,928)

$

598 

$

4,526 

$

(3,849)

$

677 

Amortization expense was as follows:

For the three months ended

March 31,

($ in millions)

2021

2020

Amortization expense

$

79 

$

99 

Amortization expense primarily represents the amortization of our customer base acquired as a result of our acquisitions in 2010, 2014, and 2016 with each based on a useful life of 8 to 12 years and amortized on an accelerated method. Our Trade name is an indefinite-lived intangible asset that is not subject to amortization.