Intangible Assets, Net

12 Months Ended

Dec. 31, 2021

Goodwill and Intangible Assets, Net

Intangible Assets, Net

12. Intangible Assets, Net

	December 31,
($ in millions)	2021		2020
Acquired customer relationships and other intangibles (net of accumulated amortization of $862 million at December 31, 2021, and $729 million at December 31, 2020)	$	1,593	$	1,785
Capitalized software (net of accumulated amortization of $187 million at December 31, 2021, and $196 million at December 31, 2020)		74		69
Other intangibles (net of accumulated amortization of $97 million at December 31, 2021, and $124 million at December 31, 2020)		21		29
	$	1,688	$	1,883

Total amortization expense of intangible assets amounted to $180 million, $180 million and $187 million for the years ended December 31, 2021, 2020 and 2019, respectively including $152 million in 2021, $150 million in 2020 and $155 million in 2019 of amortization expense related to the acquired intangible assets. Based on intangible asset values and currency exchange rates as of December 31, 2021 total annual intangible asset amortization expense is expected to be $175 million, $168 million, $162 million, $160 million and $157 million for the years ending December 31, 2022 through 2026, respectively, and approximately $866 million combined for all years thereafter.