Goodwill and Other Intangibles (Tables)

6 Months Ended

Jun. 30, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill by Reporting Segment

Changes by reporting segment in the carrying amount of Goodwill for the six months ended June 30, 2023, including the effect of foreign exchange rates on non-U.S. dollar denominated balances, were as follows.

TABLE 60: GOODWILL

(In Millions)	ASSET SERVICING		WEALTH MANAGEMENT		TOTAL
Balance at December 31, 2022	$	611.0	$	80.3	$	691.3
Foreign Exchange Rates	7.4		0.1		7.5
Balance at June 30, 2023	$	618.4	$	80.4	$	698.8

Other Intangible Assets

The gross carrying amount and accumulated amortization of other intangible assets subject to amortization as of June 30, 2023 and December 31, 2022 were as follows.

TABLE 61: OTHER INTANGIBLE ASSETS

(In Millions)	JUNE 30, 2023		DECEMBER 31, 2022
Gross Carrying Amount	$	132.1	$	197.9
Less: Accumulated Amortization	57.4		120.3
Net Book Value	$	74.7	$	77.6

The gross carrying amount and accumulated amortization of capitalized software as of June 30, 2023 and December 31, 2022 were as follows.

TABLE 62: CAPITALIZED SOFTWARE

(In Millions)	JUNE 30, 2023		DECEMBER 31, 2022
Gross Carrying Amount	$	3,754.7	$	3,479.3
Less: Accumulated Amortization	1,759.3		1,517.4
Net Book Value	$	1,995.4	$	1,961.9