XML 57 R33.htm IDEA: XBRL DOCUMENT v3.22.1
Goodwill and Other Intangibles (Tables)
3 Months Ended
Mar. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Changes in the Carrying Amount of Goodwill
Changes in the carrying amount of goodwill are as follows:
March 31,
(In millions)20222021
Balance as of January 1,$16,317 $15,517 
Goodwill acquired17 — 
Other adjustments(a)
(80)(59)
Balance at March 31,$16,254 $15,458 
(a) Primarily reflects the impact of foreign exchange
Amortized Intangible Assets
The gross cost and accumulated amortization of identified intangible assets at March 31, 2022 and December 31, 2021 are as follows:
March 31, 2022December 31, 2021
(In millions)Gross
Cost
Accumulated
Amortization
Net
Carrying
Amount
Gross
Cost
Accumulated
Amortization
Net
Carrying
Amount
Client relationships$4,041 $1,389 $2,652 $4,066 $1,334 $2,732 
Other (a)
362 294 68 365 287 78 
 Amortized intangibles$4,403 $1,683 $2,720 $4,431 $1,621 $2,810 
(a) Primarily non-compete agreements, trade names and developed technology.
Estimated Future Aggregate Amortization Expense The estimated future aggregate amortization expense is as follows:
For the Years Ending December 31,
(In millions)
Estimated Expense
2022 (excludes amortization through March 31, 2022)$261 
2023328 
2024308 
2025269 
2026248 
Subsequent years1,306 
 Total future amortization$2,720