Goodwill and Other Intangibles (Tables)

12 Months Ended

Dec. 31, 2023

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, 2023 and 2022, including the effect of foreign exchange rates on non-U.S.-dollar denominated balances, were as follows.

TABLE 83: GOODWILL

(In Millions)	ASSET SERVICING		WEALTH MANAGEMENT		TOTAL
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
Foreign Exchange Rates	10.9		0.1		11.0
Balance at December 31, 2023	$	621.9	$	80.4	$	702.3

Other Intangible Assets Subject to Amortization

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

TABLE 84: OTHER INTANGIBLE ASSETS

	DECEMBER 31,
(In Millions)	2023		2022
Gross Carrying Amount	$	135.0	$	197.9
Less: Accumulated Amortization	63.4		120.3
Net Book Value	$	71.6	$	77.6

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

TABLE 85: CAPITALIZED SOFTWARE

	DECEMBER 31,
(In Millions)	2023		2022
Gross Carrying Amount	$	3,781.7	$	3,479.3
Less: Accumulated Amortization	1,754.2		1,517.4
Net Book Value	$	2,027.5	$	1,961.9