Intangible Assets, Net

9 Months Ended

Sep. 30, 2023

Goodwill and Intangible Assets, Net

Intangible Assets, Net

12.    Intangible Assets, Net

	September 30,		December 31,
($ in millions)	2023		2022
Acquired customer relationships and other intangibles (net of accumulated amortization and impairment losses of $1.01 billion at September 30, 2023, and $914 million at December 31, 2022)	$	1,214	$	1,320
Capitalized software (net of accumulated amortization of $217 million at September 30, 2023, and $204 million at December 31, 2022)		87		80
Other intangibles (net of accumulated amortization of $95 million at September 30, 2023, and $99 million at December 31, 2022)		14		17
	$	1,315	$	1,417

Total amortization expense of intangible assets amounted to $40 million for the three months ended September 30, 2023 and 2022, and $119 million and $124 million for the nine months ended September 30, 2023 and 2022, respectively.

As discussed in Note 4, in the second quarter of 2022, Ball recorded a noncash 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.