12. Intangible Assets, Net | | | | | | | | | June 30, | | December 31, | ($ in millions) | | 2026 | | 2025 | | | | | | | | Acquired customer relationships and other intangibles (net of accumulated amortization and impairment losses of $1.35 billion at June 30, 2026, and $1.30 billion at December 31, 2025) | | $ | 862 | | $ | 940 | Capitalized software (net of accumulated amortization of $184 million at June 30, 2026, and $181 million at December 31, 2025) | | | 20 | | | 22 | Other intangibles (net of accumulated amortization of $18 million at June 30, 2026, and $16 million at December 31, 2025) | | | 26 | | | 20 | | | $ | 908 | | $ | 982 |
Total amortization expense of intangible assets was $38 million for the three months ended June 30, 2026, and 2025, and $75 million and $74 million for the six months ended June 30, 2026, and 2025, respectively.
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