Goodwill and Other Intangible Assets

9 Months Ended

Sep. 30, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Other Intangible Assets

Goodwill and Other Intangible Assets

The following is a summary of the activity in the goodwill balance for the nine months ended September 30, 2020 (in millions):

Goodwill balance at December 31, 2019	$	13,342
Acquisitions	7,907
Foreign currency translation	(11)
Other activity, net	5
Goodwill balance at September 30, 2020	$	21,243

The following is a summary of the activity in the other intangible assets balance for the nine months ended September 30, 2020 (in millions):

Other intangible assets balance at December 31, 2019	$	10,258
Acquisitions	4,498
Foreign currency translation	(13)
Amortization of other intangible assets	(236)
Other intangible assets balance at September 30, 2020	$	14,507

We completed our acquisitions of Ellie Mae and Bridge2 Solutions during the nine months ended September 30, 2020 (Note 3). Foreign currency translation adjustments result from a portion of our goodwill and other intangible assets being held at our U.K., EU and Canadian subsidiaries, whose functional currencies are not the U.S. dollar. The change in other activity, net, primarily relates to adjustments to the fair value of the net tangible and intangible assets relating to acquisitions, with a corresponding adjustment to goodwill. We have performed an analysis of impairment indicators, including the economic impact of and our responses to the COVID-19 pandemic, and did not recognize any impairment losses on goodwill or other intangible assets during the nine and three months ended September 30, 2020.