Bank of America Corporation Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Goodwill and Intangible Assets (Tables)

Goodwill and Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2011

Goodwill and Intangible Assets [Abstract]

The Goodwill table presents goodwill balances by business segment at December 31, 2011 and 2010. The reporting units utilized for goodwill impairment tests are the business segments or one level below. The majority of the decline in goodwill during 2011 was due to goodwill impairment charges as described in this Note.




Goodwill

	December 31
(Dollars in millions)	2011		2010
Deposits	$	17,875	$	17,875
Card Services	10,014		10,014
Consumer Real Estate Services	—		2,796
Global Commercial Banking	20,668		20,668
Global Banking & Markets	10,672		10,672
Global Wealth & Investment Management	9,928		9,928
All Other	810		1,908
Total goodwill	$	69,967	$	73,861

Intangible Assets

The table below presents the gross carrying amounts and accumulated amortization related to intangible assets at December 31, 2011 and 2010.




Intangible Assets

	December 31
	2011				2010
(Dollars in millions)	Gross Carrying Value		Accumulated Amortization		Gross Carrying Value		Accumulated Amortization
Purchased credit card relationships	$	5,938	$	3,765	$	7,162	$	4,085
Core deposit intangibles	3,903		2,915		5,394		4,094
Customer relationships	4,081		1,532		4,232		1,222
Affinity relationships	1,551		948		1,647		902
Other intangibles	2,476		768		3,087		1,296
Total intangible assets	$	17,949	$	9,928	$	21,522	$	11,599

- Definition

Tabular disclosure of amortizable intangibles assets, in total and by major class, including the gross carrying amount and accumulated amortization. A major class is composed of intangible assets that can be grouped together because they are similar, either by their nature or by their use in the operations of a company.

+ References + Details

- Definition

Tabular disclosure of goodwill by reportable segment and in total. Disclosure details may include, but are not limited to, the carrying amount of goodwill, goodwill acquired during the year, goodwill impairment losses recognized, goodwill written-off due to the sale of a business unit, goodwill not yet allocated, and any other changes to goodwill.

+ References + Details