Goodwill, Customer Relationships and Other Intangible Assets (Tables)

9 Months Ended

Sep. 30, 2019

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Intangible Assets and Goodwill

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

	September 30, 2019		December 31, 2018
	(Dollars in millions)
Goodwill	$	21,507	28,031
Customer relationships, less accumulated amortization of $9,481 and $8,492	$	7,902	8,911
Indefinite-life intangible assets	$	269	269
Other intangible assets subject to amortization:
Capitalized software, less accumulated amortization of $2,858 and $2,616	$	1,599	1,468
Trade names and patents, less accumulated amortization of $83 and $61	109		131
Total other intangible assets, net	$	1,977	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 three months)	$	427
2020	1,647
2021	1,212
2022	983
2023	898

Schedule of Goodwill

The following table shows the rollforward of goodwill assigned to our reportable segments from December 31, 2018 through September 30, 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 and other	(18		)	—		—		—		—		(18	)
Impairments	(934		)	(1,471	)	(896	)	(3,019	)	(186	)	(6,506	)
As of September 30, 2019	$	2,643		4,738		3,259		3,813		7,054		21,507