Annual report pursuant to Section 13 and 15(d)

Goodwill and Intangible Assets (Tables)

v3.6.0.2
Goodwill and Intangible Assets (Tables)
 12 Months Ended
Dec. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill
The table below presents goodwill balances by business segment and All Other at December 31, 2016 and 2015. The reporting units utilized for goodwill impairment testing are the operating segments or one level below.
 
 
 
 
Goodwill
 
 
 
 
 
 
 
 
December 31
(Dollars in millions)
2016
 
2015
Consumer Banking
$
30,123

 
$
30,123

Global Wealth & Investment Management
9,681

 
9,698

Global Banking
23,923

 
23,923

Global Markets
5,197

 
5,197

All Other
820

 
820

Less: Goodwill of business held for sale (1)
(775
)
 
—

Total goodwill
$
68,969

 
$
69,761


(1) 
Reflects the goodwill assigned to the non-U.S. consumer credit card business, which is included in assets of business held for sale on the Consolidated Balance Sheet.
Intangible Assets
The table below presents the gross and net carrying values and accumulated amortization for intangible assets at December 31, 2016 and 2015.
 
 
 
 
 
 
 
 
 
 
 
 
Intangible Assets (1, 2)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
December 31
 
2016
 
2015
(Dollars in millions)
Gross
Carrying Value
 
Accumulated
Amortization
 
Net
Carrying Value
 
Gross
Carrying Value
 
Accumulated
Amortization
 
Net
Carrying Value
Purchased credit card and affinity relationships
$
6,830

 
$
6,243

 
$
587

 
$
7,006

 
$
6,111

 
$
895

Core deposit and other intangibles (3)
3,836

 
2,046

 
1,790

 
3,922

 
1,986

 
1,936

Customer relationships
3,887

 
3,275

 
612

 
3,927

 
2,990

 
937

Total intangible assets (4)
$
14,553

 
$
11,564

 
$
2,989

 
$
14,855

 
$
11,087

 
$
3,768


(1) 
Excludes fully amortized intangible assets.
(2) 
At December 31, 2016 and 2015, none of the intangible assets were impaired.
(3) 
Includes $1.6 billion at both December 31, 2016 and 2015 of intangible assets associated with trade names that have an indefinite life and, accordingly, are not amortized.
(4) 
Includes $67 million of intangible assets assigned to the non-U.S. consumer credit card business, which is included in assets of business held for sale on the Consolidated Balance Sheet.