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INTANGIBLE ASSETS (Tables)
12 Months Ended
Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Intangible Assets and Related Amortization Expense
Intangible assets and related amortization expense were as follows:
December 31, 2024
($ in millions)Gross Carrying Amount
Accumulated Amortization
Net Carrying Amount
Trade name$48 $(22)$26 
Management contracts1,819 (479)1,340 
Club member relationships174 (76)98 
Capitalized software302 (167)135 
Marketing agreements
154 (11)143 
Other contract-related intangible assets
50 (5)45 
Total$2,547 $(760)$1,787 
December 31, 2023
($ in millions)Gross Carrying Amount
Accumulated Amortization
Net Carrying Amount
Trade name$18 $(18)$— 
Management contracts1,340 (347)993 
Club member relationships139 (57)82 
Capitalized software207 (124)83 
Total$1,704 $(546)$1,158 
Schedule of Estimated Future Amortization Expense
As of December 31, 2024, our future amortization expense for our amortizing intangible assets is estimated to be as follows:
($ in millions)Future Amortization Expense
2025$221 
2026195 
2027168 
2028127 
2029120 
Thereafter956 
Total$1,787