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, 2018

Goodwill and Intangible Assets Disclosure [Abstract]

The table below presents goodwill balances by reporting unit and All Other at December 31, 2018 and 2017. The reporting units utilized for goodwill impairment testing are the operating segments or one level below.




Goodwill

	December 31
(Dollars in millions)	2018		2017
Deposits	$	18,414	$	18,414
Consumer Lending	11,709		11,709
Consumer Banking	30,123		30,123
U.S. Trust	2,917		2,917
Merrill Lynch Global Wealth Management	6,760		6,760
Global Wealth & Investment Management	9,677		9,677
Global Commercial Banking	16,146		16,146
Global Corporate and Investment Banking	6,231		6,231
Business Banking	1,546		1,546
Global Banking	23,923		23,923
Global Markets	5,182		5,182
All Other	46		46
Total goodwill	$	68,951	$	68,951

Intangible Assets

The table below presents the gross and net carrying values and accumulated amortization for intangible assets at December 31, 2018 and 2017.




Intangible Assets ^{(1, 2)}

	Gross Carrying Value		Accumulated Amortization		Net Carrying Value		Gross Carrying Value		Accumulated Amortization		Net Carrying Value
(Dollars in millions)	December 31, 2018						December 31, 2017
Purchased credit card and affinity relationships	$	5,919	$	5,759	$	160	$	5,919	$	5,604	$	315
Core deposit and other intangibles ⁽³⁾	3,835		2,221		1,614		3,835		2,140		1,695
Customer relationships	—		—		—		3,886		3,584		302
Total intangible assets	$	9,754	$	7,980	$	1,774	$	13,640	$	11,328	$	2,312


⁽¹⁾	Excludes fully amortized intangible assets.


⁽²⁾	At December 31, 2018 and 2017, none of the intangible assets were impaired.

⁽³⁾

Includes $1.6 billion at both December 31, 2018 and 2017 of intangible assets associated with trade names that have an indefinite life and, accordingly, are not amortized.