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Goodwill and Other Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Changes in Carrying Amount of Goodwill
The changes in the carrying amount of goodwill during 2019 are shown in the table below. There were no changes in the carrying amount of goodwill during 2018.
(Dollars in millions)
 
Regional Bank
 
Global Corporate & Investment Banking - U.S.
 
Transaction Banking
 
MUFG Fund Services
 
Total
Goodwill, December 31, 2018
 
$
2,134

 
$
840

 
$
251

 
$
76

 
$
3,301

Goodwill acquired during the year
 
59

 
18

 

 

 
77

Impairment losses
 
(1,423
)
 
(191
)
 

 

 
(1,614
)
Goodwill, December 31, 2019
 
$
770


$
667


$
251


$
76


$
1,764

 
 
 
 
 
 
 
 
 
 
 
Goodwill
 
2,193

 
858

 
251

 
76

 
3,378

Accumulated impairment losses
 
(1,423
)
 
(191
)
 

 

 
(1,614
)
Balance at December 31, 2019
 
$
770


$
667


$
251


$
76


$
1,764


    
Identifiable Intangible Assets and Accumulated Amortization
The table below reflects the Company's identifiable intangible assets and accumulated amortization at December 31, 2019 and 2018.
 
 
December 31, 2019
 
December 31, 2018
(Dollars in millions)
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Net
Carrying
Amount
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Net
Carrying
Amount
Core deposit intangibles
 
$
565

 
$
(543
)
 
$
22

 
$
565

 
$
(537
)
 
$
28

Trade names
 
115

 
(35
)
 
80

 
111

 
(32
)
 
79

Customer relationships
 
238

 
(79
)
 
159

 
238

 
(63
)
 
175

Other(1)
 
13

 
(13
)
 

 
18

 
(15
)
 
3

Total intangible assets with a definite useful life
 
$
931

 
$
(670
)
 
$
261

 
$
932

 
$
(647
)
 
$
285

Estimated Future Amortization Expense
Estimated future amortization expense at December 31, 2019 is as follows:
(Dollars in millions)
 
Core Deposit
Intangibles
 
Trade Name
 
Customer
Relationships
 
Total Identifiable
Intangible Assets
Years ending December 31, :
 
 

 
 

 
 

 
 

2020
 
$
5

 
$
4

 
$
16

 
$
25

2021
 
4

 
3

 
15

 
22

2022
 
4

 
3

 
15

 
22

2023
 
2

 
3

 
14

 
19

2024
 
2

 
3

 
14

 
19

Thereafter
 
5

 
64

 
85

 
154

Total estimated amortization expense
 
$
22

 
$
80

 
$
159

 
$
261