Goodwill, Customer Relationships and Other Intangible Assets (Tables)

3 Months Ended

Mar. 31, 2019

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Intangible Assets and Goodwill

Goodwill, customer relationships and other intangible assets consisted of the following:

	March 31, 2019		December 31, 2018
	(Dollars in millions)
Goodwill	$	21,526	28,031
Customer relationships, less accumulated amortization of $8,825 and $8,492	$	8,580	8,911
Indefinite-life intangible assets	$	269	269
Other intangible assets subject to amortization:
Capitalized software, less accumulated amortization of $2,687 and $2,616	$	1,536	1,468
Trade names and patents, less accumulated amortization of $69 and $61	124		131
Total other intangible assets, net	$	1,929	1,868

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense

We estimate that total amortization expense for intangible assets for the years ending December 31, 2019 through 2023 will be as follows:

	(Dollars in millions)
2019 (remaining nine months)	$	1,260
2020	1,600
2021	1,158
2022	978
2023	900

Schedule of Goodwill

The following table shows the rollforward of goodwill assigned to our reportable segments from December 31, 2018 through March 31, 2019:

	International and Global Accounts			Enterprise		Small and Medium Business		Wholesale		Consumer		Total
	(Dollars in millions)
As of December 31, 2018	$	3,595		5,222		5,193		6,437		7,584		28,031
January 2019 reorganization	—			987		(1,038	)	395		(344	)	—
Effect of foreign currency rate change	1			—		—		—		—		1
Impairments	(934		)	(1,471	)	(896	)	(3,019	)	(186	)	(6,506	)
As of March 31, 2019	$	2,662		4,738		3,259		3,813		7,054		21,526

The following table shows the March 31, 2019 impairments at each of our reportable segments:

	Impairments
	(Dollars in millions)
International and Global Accounts	$	934
Enterprise	1,471
Small and Medium Business	896
Wholesale	3,019
Consumer	186
Total	$	6,506