Other Intangibles (Tables)

6 Months Ended

Jun. 30, 2021

Other Intangibles [Abstract]

Components Of Other Intangibles

The components of other intangibles as of December 31, 2020 was follows:

	Predecessor
	December 31, 2020
	Gross Carrying		Accumulated		Net Carrying
($ in millions)	Amount		Amortization		Amount
Other Intangibles:
Customer base	$	4,332	$	(3,781)	$	551
Trade name		122		-		122
Royalty agreement		72		(68)		4
Total other intangibles	$	4,526	$	(3,849)	$	677

As a result of fresh start accounting, on the Effective Date, intangible assets and related accumulated amortization of the Predecessor were eliminated. Successor intangible assets were recorded at fair value as of the Effective Date. See Note 4. The balances of these assets as of June 30, 2021 are as follows:

	Successor
	June 30, 2021
	Gross Carrying		Accumulated		Net Carrying
($ in millions)	Amount		Amortization		Amount
Other Intangibles:
Customer Relationships - Business	$	800	$	(11)	$	789
Customer Relationships - Wholesale		3,491		(37)		3,454
Trademarks & Tradenames		150		(4)		146
Total other intangibles	$	4,441	$	(52)	$	4,389

Schedule Of Amortization Expense

	Successor		Predecessor
	For the two months		For the one month		For the three months
	ended June 30,		ended April 30,		ended June 30,
($ in millions)	2021		2021		2020
Amortization expense	$	52	$	20	$	83
	Successor		Predecessor
	For the two months		For the four months		For the six months
	ended June 30,		ended April 30,		ended June 30,
($ in millions)	2021		2021		2020
Amortization expense	$	52	$	99	$	182