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Goodwill and Other Intangible Assets
9 Months Ended
Sep. 30, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill And Other Intangible Assets
Goodwill and Other Intangible Assets

On July 2, 2018, BB&T acquired Regions Insurance from Regions Financial Corporation, which resulted in $215 million of goodwill and $175 million of identifiable intangible assets in the IH&PF segment. The intangible assets are being amortized over a weighted average term of 14.5 years based upon the estimated economic benefits received. All of the goodwill and identifiable intangible assets are deductible for tax purposes.
The following table, which excludes fully amortized intangibles, presents information for identifiable intangible assets:
 
 
September 30, 2018
 
December 31, 2017
(Dollars in millions)
 
Gross Carrying Amount
 
Accumulated Amortization
 
Net Carrying Amount
 
Gross Carrying Amount
 
Accumulated Amortization
 
Net Carrying Amount
CDI
 
$
605

 
$
(448
)
 
$
157

 
$
605

 
$
(409
)
 
$
196

Other, primarily customer relationship intangibles
 
1,340

 
(708
)
 
632

 
1,211

 
(696
)
 
515

Total
 
$
1,945

 
$
(1,156
)
 
$
789

 
$
1,816

 
$
(1,105
)
 
$
711