GOODWILL AND INTANGIBLE ASSETS (Tables)

3 Months Ended

Mar. 31, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Change in carrying value of goodwill

The change in the carrying value of goodwill for the three months ended March 31, 2020 is presented below:

(in millions)	Consumer Banking		Commercial Banking		Total
Balance at December 31, 2019		$2,258		$4,786		$7,044
Business acquisitions	—		6		6
Balance at March 31, 2020		$2,258		$4,792		$7,050

Carrying value of intangible assets

A summary of the carrying value of intangible assets is presented below.

		March 31, 2020						December 31, 2019
(in millions)	Amortizable Lives (years)	Gross		Accumulated Amortization		Net		Gross		Accumulated Amortization		Net
Acquired technology	7		$21		$5		$16		$21		$4		$17
Acquired relationships	5 - 15	38		6		32		37		5		32
Naming rights	10	11		1		10		11		1		10
Other	2 - 7	13		5		8		13		4		9
Total			$83		$17		$66		$82		$14		$68

Intangible assets future amortization expense

Estimated intangible asset amortization expense for the remainder of 2020 through 2024 is as follows:

(in millions)	Total
Remainder of 2020		$8
2021	10
2022	9
2023	9
2024	8