Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2025

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible Assets

Intangible assets consisted of the following:

At December 31 (Dollars in Millions)	2025		2024
Goodwill	$	12,635	$	12,536
Core deposit benefits	1,319		1,702
Mortgage servicing rights	3,159		3,369
Other identified intangibles	426		476
Total	$	17,539	$	18,083

Aggregate Amortization Expense

Aggregate amortization expense consisted of the following:

Year Ended December 31 (Dollars in Millions)	2025		2024		2023
Core deposit benefits	$	383	$	432	$	481
Other identified intangibles	115		137		155
Total	$	498	$	569	$	636

Estimated Amortization Expense

The estimated amortization expense for the next five years is as follows:

(Dollars in Millions)
2026	$	435
2027	366
2028	302
2029	235
2030	172

Changes in Carrying Value of Goodwill

The following table reflects the changes in the carrying value of goodwill for the years ended December 31, 2025, 2024 and 2023:

(Dollars in Millions)	Wealth, Corporate, Commercial and Institutional Banking		Consumer and Business Banking		Payment Services		Treasury and Corporate Support		Consolidated Company
Balance at December 31, 2022	$	4,589	$	4,465	$	3,319	$	—	$	12,373
Goodwill acquired	235		(139)		—		—		96
Foreign exchange translation and other	1		—		19		—		20
Balance at December 31, 2023	$	4,825	$	4,326	$	3,338	$	—	$	12,489
Goodwill acquired	—		—		80		—		80
Foreign exchange translation and other	(2)		—		(31)		—		(33)
Balance at December 31, 2024	$	4,823	$	4,326	$	3,387	$	—	$	12,536
Goodwill acquired	—		—		46		—		46
Foreign exchange translation and other	3		—		50		—		53
Balance at December 31, 2025	$	4,826	$	4,326	$	3,483	$	—	$	12,635