Quarterly report pursuant to Section 13 or 15(d)

Goodwill and Intangible Assets (Tables)

v3.10.0.1
Goodwill and Intangible Assets (Tables)
 6 Months Ended
Jun. 30, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill
The table below presents goodwill balances by reporting unit and All Other at June 30, 2018 and December 31, 2017. The reporting units utilized for goodwill impairment testing are the operating segments or one level below.
 
 
 
 
Goodwill
 
 
 
 
 
 
 
(Dollars in millions)
June 30
2018
 
December 31
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 June 30, 2018 and December 31, 2017.
 
 
 
 
 
 
 
 
 
 
 
 
Intangible Assets (1, 2)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Gross
Carrying Value
 
Accumulated
Amortization
 
Net
Carrying Value
 
Gross
Carrying Value
 
Accumulated
Amortization
 
Net
Carrying Value
(Dollars in millions)
June 30, 2018
 
December 31, 2017
Purchased credit card and affinity relationships
$
5,919

 
$
5,682

 
$
237

 
$
5,919

 
$
5,604

 
$
315

Core deposit and other intangibles (3)
3,835

 
2,181

 
1,654

 
3,835

 
2,140

 
1,695

Customer relationships
3,886

 
3,735

 
151

 
3,886

 
3,584

 
302

Total intangible assets
$
13,640

 
$
11,598

 
$
2,042

 
$
13,640

 
$
11,328

 
$
2,312


(1) 
Excludes fully amortized intangible assets.
(2) 
At June 30, 2018 and December 31, 2017, none of the intangible assets were impaired.
(3) 
Includes $1.6 billion at both June 30, 2018 and December 31, 2017 of intangible assets associated with trade names that have an indefinite life and, accordingly, are not amortized.