Goodwill and Intangible Assets (Tables)

6 Months Ended

Jun. 30, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill

The table below presents goodwill balances by business segment at June 30, 2023 and December 31, 2022. The reporting units utilized for goodwill impairment testing are the operating segments or one level below. The Corporation completed its annual goodwill impairment test as of June 30, 2023 using a quantitative assessment for all applicable reporting units. Based on the results of the annual goodwill impairment test, the Corporation determined there was no impairment. For more information regarding the nature of and accounting for the Corporation’s annual goodwill impairment testing, see Note 1 – Summary of Significant Accounting Principles to the Consolidated Financial Statements of the Corporation’s 2022 Annual Report on Form 10-K.

Goodwill
(Dollars in millions)	June 30 2023		December 31 2022
Consumer Banking	$	30,137	$	30,137
Global Wealth & Investment Management	9,677		9,677
Global Banking	24,026		24,026
Global Markets	5,181		5,182
Total goodwill	$	69,021	$	69,022