Note 9: Intangible Assets

The gross carrying value of intangible assets and accumulated amortization was:



	June 30, 2015					December 31, 2014
(in millions)	Gross carrying value		Accumulated amortization		Net carrying value	Gross carrying value	Accumulated amortization		Net carrying value
Amortized intangible assets (1):
MSRs (2)	$	3,050	(1,788	)	1,262	2,906	(1,664	)	1,242
Core deposit intangibles	12,834		(9,784	)	3,050	12,834	(9,273	)	3,561
Customer relationship and other intangibles	3,179		(2,436	)	743	3,179	(2,322	)	857
Total amortized intangible assets	$	19,063	(14,008	)	5,055	18,919	(13,259	)	5,660
Unamortized intangible assets:
MSRs (carried at fair value) (2)	$	12,661				12,738
Goodwill	25,705					25,705
Trademark	14					14


(1)	Excludes fully amortized intangible assets.


(2)	See Note 8 (Mortgage Banking Activities) for additional information on MSRs.

The following table provides the current year and estimated future amortization expense for amortized intangible assets. We based our projections of amortization expense shown below on existing asset balances at June 30, 2015. Future amortization expense may vary from these projections.



(in millions)		Amortized MSRs		Core deposit intangibles	Customer relationship and other intangibles	Total
Six months ended June 30, 2015	(actual)	$	127	511	114	752
Estimate for the remainder of 2015		$	127	511	111	749
Estimate for year ended December 31,
2016		221		919	211	1,351
2017		176		851	197	1,224
2018		145		769	188	1,102
2019		129			12	141
2020		115			8	123

For our goodwill impairment analysis, we allocate all of the goodwill to the individual operating segments. We identify reporting units that are one level below an operating segment (referred to as a component), and distinguish these reporting units based on how the segments and components are managed, taking into consideration the economic characteristics, nature of the products and customers of the components. At the time we acquire a business, we allocate goodwill to applicable reporting units based on their relative fair value, and if we have a significant business reorganization, we may reallocate the goodwill. See Note 18 (Operating Segments) for further information on management reporting.

The following table shows the allocation of goodwill to our reportable operating segments for purposes of goodwill impairment testing.



(in millions)	Community Banking			Wholesale Banking		Wealth, Brokerage and Retirement	Consolidated Company
December 31, 2013	$	17,922		7,344		371	25,637
Reduction in goodwill related to divested businesses	—			(11	)	—	(11	)
Goodwill from business combinations	—			87		—	87
Other	(8		)	—		—	(8	)
June 30, 2014	$	17,914		7,420		371	25,705
December 31, 2014 and June 30, 2015	$	17,914		7,420		371	25,705