| Goodwill |
The table below presents goodwill balances by business segment at June 30, 2014 and December 31, 2013. The reporting units utilized for goodwill impairment testing are the operating segments or one level below. For additional information, see Note 8 – Goodwill and Intangible Assets to the Consolidated Financial Statements of the Corporation's 2013 Annual Report on Form 10-K.
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Goodwill |
(Dollars in millions) |
June 30
2014 |
|
December 31
2013 |
Consumer & Business Banking |
$ |
31,681 |
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|
$ |
31,681 |
|
Global Wealth & Investment Management |
9,698 |
|
|
9,698 |
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Global Banking |
22,377 |
|
|
22,377 |
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Global Markets |
5,197 |
|
|
5,197 |
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All Other |
857 |
|
|
891 |
|
Total goodwill |
$ |
69,810 |
|
|
$ |
69,844 |
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| Intangible Assets |
The table below presents the gross carrying value and accumulated amortization for intangible assets at June 30, 2014 and December 31, 2013.
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Intangible Assets (1, 2)
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|
June 30, 2014 |
|
December 31, 2013 |
(Dollars in millions) |
Gross
Carrying Value
|
|
Accumulated
Amortization
|
|
Net
Carrying Value
|
|
Gross
Carrying Value
|
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Accumulated
Amortization
|
|
Net
Carrying Value |
Purchased credit card relationships |
$ |
5,599 |
|
|
$ |
4,445 |
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|
$ |
1,154 |
|
|
$ |
6,160 |
|
|
$ |
4,849 |
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$ |
1,311 |
|
Core deposit intangibles |
1,779 |
|
|
1,314 |
|
|
465 |
|
|
3,592 |
|
|
3,055 |
|
|
537 |
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Customer relationships |
4,025 |
|
|
2,468 |
|
|
1,557 |
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|
4,025 |
|
|
2,281 |
|
|
1,744 |
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Affinity relationships |
1,581 |
|
|
1,249 |
|
|
332 |
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|
1,575 |
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|
1,197 |
|
|
378 |
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Other intangibles |
2,045 |
|
|
454 |
|
|
1,591 |
|
|
2,045 |
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|
441 |
|
|
1,604 |
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Total intangible assets |
$ |
15,029 |
|
|
$ |
9,930 |
|
|
$ |
5,099 |
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|
$ |
17,397 |
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$ |
11,823 |
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$ |
5,574 |
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(1) |
Excludes fully amortized intangible assets. |
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(2) |
At June 30, 2014 and December 31, 2013, none of the intangible assets were impaired.
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