XML 30 R18.htm IDEA: XBRL DOCUMENT v3.23.1
Intangible Assets, Net
3 Months Ended
Mar. 31, 2023
Goodwill and Intangible Assets, Net  
Intangible Assets, Net

12.    Intangible Assets, Net

March 31,

December 31,

($ in millions)

    

2023

    

2022

Acquired customer relationships and other intangibles (net of accumulated amortization and impairment losses of $951 million at March 31, 2023, and $914 million at December 31, 2022)

$

1,291

$

1,320

Capitalized software (net of accumulated amortization of $208 million at March 31, 2023, and $204 million at December 31, 2022)

82

80

Other intangibles (net of accumulated amortization of $96 million at March 31, 2023, and $99 million at December 31, 2022)

16

17

$

1,389

$

1,417

Total amortization expense of intangible assets amounted to $39 million and $45 million for the three months ended March 31, 2023 and 2022, respectively.

As discussed in Note 4, in the second quarter of 2022, Ball recorded a non-cash impairment charge related to its Russian long-lived asset group, of which $131 million related to acquired customer relationships and other intangibles associated with the company’s Russian aluminum beverage packaging business, which resulted in fully impairing the assets that were subsequently disposed through the sale of the Russia aluminum beverage packaging business.