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GOODWILL AND INTANGIBLE ASSETS (Tables)
 12 Months Ended
Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of goodwill
Changes in the carrying value of goodwill for the years ended December 31, 2023 and 2022 are presented below.
(dollars in millions)Consumer BankingCommercial BankingTotal
Balance at December 31, 2021$2,258 $4,858 $7,116 
Business acquisitions415 642 1,057 
Balance at December 31, 2022$2,673 $5,500 $8,173 
Business acquisitions5 10 15 
Balance at December 31, 2023$2,678 $5,510 $8,188 
Carrying value of intangible assets
A summary of the carrying value of intangible assets is presented below.
December 31, 2023December 31, 2022
(dollars in millions)Amortizable Lives (years)
Gross
Accumulated AmortizationNetGrossAccumulated AmortizationNet
Core deposits
10
$144 $44 $100 $144 $20 $124 
Acquired technology
5 - 7
23 21 2 23 19 4 
Acquired relationships
2 - 15
52 26 26 54 21 33 
Naming Rights
5 - 10
33 12 21 33 7 26 
Other
2 - 8
18 10 8 17 7 10 
Total$270 $113 $157 $271 $74 $197 
Intangible assets future amortization expense
Estimated intangible asset amortization expense for the next five years is as follows:
Year
(dollars in millions)
2024$35 
202532 
202628 
202724 
202817