XML 62 R40.htm IDEA: XBRL DOCUMENT v3.8.0.1
GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)
12 Months Ended
Dec. 31, 2017
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill by business segment
A rollforward of goodwill by business segment for the years ended December 31, 2017 and 2016, is presented in the table below:
 
Consumer &
 
 
 
 
 
 
 
 
 
 
 
Business
 
Commercial
 
Vehicle
 
 
 
Treasury/
 
Huntington
(dollar amounts in millions)
Banking
 
Banking
 
Finance
 
RBHPCG
 
Other
 
Consolidated
Balance, January 1, 2016
$
368

 
$
215

 
$

 
$
89

 
$
5

 
$
677

Goodwill acquired during the period
1,030

 
238

 

 
53

 

 
1,321

Adjustments

 

 

 

 
(5
)
 
(5
)
Balance, December 31, 2016
1,398

 
453

 

 
142

 

 
1,993

Adjustments

 
(28
)
 

 
28

 

 

Balance, December 31, 2017
$
1,398

 
$
425

 
$

 
$
170

 
$

 
$
1,993

Summary of other intangible assets
At December 31, 2017 and 2016, Huntington’s other intangible assets consisted of the following:
(dollar amounts in millions)
Gross
Carrying
Amount
 
 
Accumulated
Amortization
 
Net
Carrying
Value
December 31, 2017
 
 
 
 
 
 
Core deposit intangible
$
325

 
 
$
(61
)
 
$
264

Customer relationship
190

 
 
(108
)
 
82

Total other intangible assets
$
515

 
 
$
(169
)
 
$
346

December 31, 2016
 
 
 
 
 
 
Core deposit intangible
$
325

 
 
$
(27
)
 
$
298

Customer relationship
195

(1)
 
(91
)
 
104

Total other intangible assets
$
520

 
 
$
(118
)
 
$
402

Estimated amortization expense of other intangible assets
The estimated amortization expense of other intangible assets for the next five years is as follows:
(dollar amounts in millions)
Amortization
Expense
2018
$
53

2019
50

2020
42

2021
40

2022
38