Other Assets (Tables)

12 Months Ended

Dec. 31, 2023

Other Assets [Abstract]

Other assets

The following is a summary of Other assets as of December 31:

(Millions)	2023		2022
Goodwill	$	3,851	$	3,786
Other intangible assets, at amortized cost	98		146
Other (a)	15,165		13,757
Total	$	19,114	$	17,689

(a)Primarily includes net deferred tax assets, other receivables net of reserves, investments in non-consolidated entities, prepaid assets, tax credit investments and right-of-use lease assets.

Changes in carrying amount of goodwill

The changes in the carrying amount of goodwill reported in our reportable operating segments were as follows:

(Millions)	USCS		CS		ICS		GMNS		Total
Balance as of December 31, 2021	$	368	$	2,123	$	753	$	560	$	3,804
Acquisitions	13		—		—		—		13
Dispositions	—		—		—		—		—
Other (a)	(2)		(1)		(28)		—		(31)
Balance as of December 31, 2022	$	379	$	2,122	$	725	$	560	$	3,786
Acquisitions	—		30		—		18		48
Dispositions	—		—		—		—		—
Other (a)	—		(1)		18		—		17
Balance as of December 31, 2023	$	379	$	2,151	$	743	$	578	$	3,851

(a)Primarily includes foreign currency translation.

Tax credit investments expenses and related income tax credits and other tax benefits

The following table presents tax credit investment expenses and associated income tax credits and other income tax benefits for the years ended December 31:

(Millions)	2023		2022		2021
Proportional amortization recognized in tax provision	$	185	$	161	$	226
Equity method expenses recognized in Other, net expenses	$	—	$	9	$	13
Income tax credits and Other income tax benefits (a) recognized in tax provision	$	204	$	196	$	182

(a)Other income tax benefits are a result of tax deductible expenses generated by our tax credit investments.