XML 60 R39.htm IDEA: XBRL DOCUMENT v3.22.4
Goodwill and Other Intangible Assets (Tables)
 12 Months Ended
Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Changes in Carrying Amounts of Goodwill Attributable to Operating Segments
The changes in the carrying amount of goodwill attributable to operating segments are reflected in the table below. Activity during 2022 reflects the acquisition of BankDirect Capital Finance, BenefitMall, and Kensington Vanguard National Land Services. Activity during 2021 primarily reflects the acquisitions of Service Finance, LLC and Constellation Affiliated Partners. Refer to “Note 2. Business Combinations” for additional information on the acquisitions and “Note 21. Operating Segments” for additional information on segments.
(Dollars in millions)CB&WC&CBIHTotal
Goodwill, January 1, 2021$15,841 $6,167 $2,439 $24,447 
Mergers and acquisitions1,168 — 556 1,724 
Adjustments and other(139)(18)84 (73)
Goodwill, December 31, 202116,870 6,149 3,079 26,098 
Mergers and acquisitions— — 912 912 
Adjustments and other(5)5 3 3 
Goodwill, December 31, 2022$16,865 $6,154 $3,994 $27,013 
Identifiable Intangible Assets Subject to Amortization The following table, which excludes fully amortized intangibles, presents information for identifiable intangible assets:
 December 31, 2022December 31, 2021
(Dollars in millions)Gross Carrying AmountAccumulated AmortizationNet Carrying AmountGross Carrying AmountAccumulated AmortizationNet Carrying Amount
CDI$2,473 $(1,403)$1,070 $2,563 $(1,190)$1,373 
Other, primarily client relationship intangibles
3,812 (1,210)2,602 3,116 (1,081)2,035 
Total$6,285 $(2,613)$3,672 $5,679 $(2,271)$3,408 
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense The following table presents the estimated amortization expense of identifiable intangibles as of December 31, 2022 for the next five years and thereafter:
(Dollars in millions)20232024202520262027Thereafter
Estimated amortization expense$536 $477 $420 $372 $335 $1,532