XML 40 R20.htm IDEA: XBRL DOCUMENT v3.22.0.1
Goodwill and Acquired Intangible Assets
 12 Months Ended
Dec. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Acquired Intangible Assets Goodwill and Acquired Intangible Assets
Acquired intangible assets and goodwill are detailed below:
December 31, 2021December 31, 2020
Gross Carrying
Value		Accumulated
Amortization		Net Carrying
Value		Gross Carrying
Value		Accumulated
Amortization		Net Carrying
Value
Client relationships$10,089 $(908)$9,181 $10,089 $(386)$9,703 
Technology305 (197)108 305 (112)193 
Trade names116 (26)90 113 (18)95 
Total acquired intangible assets$10,510 $(1,131)$9,379 $10,507 $(516)$9,991 

Estimated future annual amortization expense for acquired intangible assets as of December 31, 2021 is as follows:
2022$596 
2023534 
2024518 
2025512 
2026508 
Thereafter6,630 
Total $9,298 
Note: The above schedule excludes indefinite-lived intangible assets of $81 million.

The changes in the carrying amount of goodwill, as allocated to our reportable segments, are presented in the following table:
Investor
Services		Advisor
Services		Total
Balance at December 31, 2019$1,096 $131 $1,227 
Goodwill acquired in TD Ameritrade acquisition6,380 3,835 10,215 
Goodwill acquired in other acquisitions494 16 510 
December 31, 20207,970 3,982 11,952 
Goodwill acquired and other changes during the period— — — 
Balance at December 31, 2021$7,970 $3,982 $11,952 


See Note 3 for additional information on the Company’s acquisitions.
As of our annual testing date, we performed an assessment of each of the Company’s reporting units. Based on this analysis, we concluded that goodwill was not impaired. There were no indicators that goodwill was impaired after our annual testing date. Schwab did not recognize any goodwill impairment in any of the years presented.