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GOODWILL AND INTANGIBLE ASSETS (Tables)
 6 Months Ended
Jun. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Change in carrying value of goodwill
Changes in the carrying value of goodwill for the six months ended June 30, 2022 are presented below.
(in millions)Consumer BankingCommercial BankingTotal
Balance at December 31, 2021$2,258 $4,858 $7,116 
Business acquisitions319 646 965 
Balance at June 30, 2022$2,577 $5,504 $8,081 
Schedule of finite-lived intangible assets
A summary of the carrying value of intangible assets is presented below.
June 30, 2022December 31, 2021
(in millions)Amortizable Lives (years)
Gross(1)
Accumulated AmortizationNetGrossAccumulated AmortizationNet
Core deposits
10
$144 $7 $137 $— $— $— 
Acquired technology
5 - 7
21 15 6 21 11 10 
Acquired relationships
2 - 15
53 17 36 53 14 39 
Naming rights
5 - 10
31 5 26 10 3 7 
Other
2 - 7
12 6 6 13 5 8 
Total$261 $50 $211 $97 $33 $64 
(1) Includes $97 million and $47 million of core deposits from the Investors acquisition and the HSBC transaction, respectively, and $22 million of naming rights from the Investors acquisition.
Schedule of finite-lived intangible assets, future amortization expense
Estimated intangible asset amortization expense for the remainder of 2022 and the next five years is as follows:
(in millions)Total
2022$24 
202340 
202434 
202531 
202626 
202721