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GOODWILL AND INTANGIBLE ASSETS (Tables)
12 Months Ended
Dec. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of goodwill
Changes in the carrying value of goodwill for the years ended December 31, 2021 and 2020 are presented below.
(in millions)Consumer BankingCommercial BankingTotal
Balance at December 31, 2019$2,258 $4,786 $7,044 
Business acquisition— 
Balance at December 31, 2020$2,258 $4,792 $7,050 
Business acquisitions— 66 66 
Balance at December 31, 2021$2,258 $4,858 $7,116 
Carrying value of intangible assets
A summary of the carrying value of intangible assets is presented below.
December 31, 2021December 31, 2020
(in millions)Amortizable Lives (years)GrossAccumulated AmortizationNetGrossAccumulated AmortizationNet
Acquired technology
5 - 7
$21 $11 $10 $21 $7 $14 
Acquired relationships
2 - 15
53 14 39 38 10 28 
Naming Rights1010 11 
Other
2 - 7
13 13 
Total$97 $33 $64 $83 $25 $58 
Intangible assets future amortization expense
Estimated intangible asset amortization expense for the next five years is as follows:
(in millions)Total
2022$20 
202312 
2024
2025
2026