Goodwill and Other Intangibles (Tables)

12 Months Ended

Dec. 31, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Changes by Reporting Segment in Carrying Amounts of Goodwill, including Effect of Foreign Exchange Rates on Non-U.S.-Dollar-Denominated Balances

Changes by reporting segment in the carrying amount of Goodwill for the years ended December 31, 2022 and 2021, including the effect of foreign exchange rates on non-U.S.-dollar denominated balances, were as follows.

TABLE 85: GOODWILL

(In Millions)	ASSET SERVICING		WEALTH MANAGEMENT		TOTAL
Balance at December 31, 2020	$	626.7	$	80.5	$	707.2
Goodwill Acquired	4.2		—		4.2
Foreign Exchange Rates	(5.2)		—		(5.2)
Balance at December 31, 2021	$	625.7	$	80.5	$	706.2
Foreign Exchange Rates	(14.7)		(0.2)		(14.9)
Balance at December 31, 2022	$	611.0	$	80.3	$	691.3

Other Intangible Assets Subject to Amortization

The gross carrying amount and accumulated amortization of other intangible assets subject to amortization as of December 31, 2022 and 2021 were as follows.

TABLE 86: OTHER INTANGIBLE ASSETS

	DECEMBER 31,
(In Millions)	2022		2021
Gross Carrying Amount	$	197.9	$	206.4
Less: Accumulated Amortization	120.3		114.8
Net Book Value	$	77.6	$	91.6

The gross carrying amount and accumulated amortization of capitalized software as of December 31, 2022 and 2021 were as follows.

TABLE 87: CAPITALIZED SOFTWARE

	DECEMBER 31,
(In Millions)	2022		2021
Gross Carrying Amount	$	3,479.3	$	2,982.1
Less: Accumulated Amortization	1,517.4		1,299.5
Net Book Value	$	1,961.9	$	1,682.6