Goodwill, Customer Relationships and Other Intangible Assets (Tables)

6 Months Ended

Jun. 30, 2019

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Intangible Assets and Goodwill

Goodwill, customer relationships and other intangible assets consisted of the following:

	June 30, 2019		December 31, 2018
	(Dollars in millions)
Goodwill	$	21,527	28,031
Customer relationships, less accumulated amortization of $9,159 and $8,492	$	8,245	8,911
Indefinite-life intangible assets	$	269	269
Other intangible assets subject to amortization:
Capitalized software, less accumulated amortization of $2,765 and $2,616	$	1,576	1,468
Trade names and patents, less accumulated amortization of $76 and $61	117		131
Total other intangible assets, net	$	1,962	1,868

Schedule of Goodwill

The following table shows the rollforward of goodwill assigned to our reportable segments from December 31, 2018 through June 30, 2019:

	International and Global Accounts			Enterprise		Small and Medium Business		Wholesale		Consumer		Total
	(Dollars in millions)
As of December 31, 2018	$	3,595		5,222		5,193		6,437		7,584		28,031
January 2019 reorganization	—			987		(1,038	)	395		(344	)	—
Effect of foreign currency rate change	2			—		—		—		—		2
Impairments	(934		)	(1,471	)	(896	)	(3,019	)	(186	)	(6,506	)
As of June 30, 2019	$	2,663		4,738		3,259		3,813		7,054		21,527

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense

We estimate that total amortization expense for intangible assets for the years ending December 31, 2019 through 2023 will be as follows:

	(Dollars in millions)
2019 (remaining six months)	$	845
2020	1,638
2021	1,198
2022	963
2023	886