Intangible Assets, Net

12 Months Ended

Dec. 31, 2019

Goodwill and Intangible Assets, Net

Intangible Assets, Net

12. Intangible Assets, Net

	December 31,		December 31,
($ in millions)	2019		2018
Acquired Rexam customer relationships and other Rexam intangibles (net of accumulated amortization of $567 million at December 31, 2019, and $399 million at December 31, 2018)	$	1,909	$	2,073
Capitalized software (net of accumulated amortization of $170 million at December 31, 2019, and $148 million at December 31, 2018)		69		82
Other intangibles (net of accumulated amortization of $116 million at December 31, 2019, and $112 million at December 31, 2018)		24		33
	$	2,002	$	2,188

Total amortization expense of intangible assets amounted to $187 million, $204 million and $220 million for the years ended December 31, 2019, 2018 and 2017, respectively, including $155 million in 2019, $164 million in 2018 and $162 million in 2017 of amortization expense related to the acquired intangible assets from Rexam. Based on intangible asset values and currency exchange rates as of December 31, 2019, total annual intangible asset amortization expense is expected to be $185 million, $173 million, $167 million, $160 million and $156 million for the years ending December 31, 2020 through 2024, respectively, and approximately $1.2 billion combined for all years thereafter.

Ball recorded an impairment charge in 2019 related to certain intangible assets of its Saudi Arabian beverage packaging business. See Notes 6 and 10 for further details.