Quarterly report pursuant to Section 13 or 15(d)

Goodwill and Intangible Assets (Tables)

v3.5.0.2
Goodwill and Intangible Assets (Tables)
 9 Months Ended
Sep. 30, 2016
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill
The table below presents goodwill balances by business segment and All Other at September 30, 2016 and December 31, 2015. The reporting units utilized for goodwill impairment testing are the operating segments or one level below. For more information, see Note 8 – Goodwill and Intangible Assets to the Consolidated Financial Statements of the Corporation's 2015 Annual Report on Form 10-K.

Goodwill
(Dollars in millions)
September 30
2016
 
December 31
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

Total goodwill
$
69,744

 
$
69,761

Intangible Assets
The table below presents the gross and net carrying values and accumulated amortization for intangible assets at September 30, 2016 and December 31, 2015.

Intangible Assets (1, 2)
 
 
 
September 30, 2016
 
December 31, 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
$
6,876

 
$
6,213

 
$
663

 
$
7,006

 
$
6,111

 
$
895

Core deposit and other intangibles (3)
3,837

 
2,023

 
1,814

 
3,922

 
1,986

 
1,936

Customer relationships
3,887

 
3,196

 
691

 
3,927

 
2,990

 
937

Total intangible assets
$
14,600

 
$
11,432

 
$
3,168

 
$
14,855

 
$
11,087

 
$
3,768

(1) 
Excludes fully amortized intangible assets.
(2) 
At September 30, 2016 and December 31, 2015, none of the intangible assets were impaired.
(3) 
Includes intangible assets of $1.6 billion at both September 30, 2016 and December 31, 2015 associated with trade names that have an indefinite life and, accordingly, are not amortized.