XML 73 R50.htm IDEA: XBRL DOCUMENT v3.25.0.1
GOODWILL AND INTANGIBLE ASSETS (Tables)
12 Months Ended
Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of goodwill
Changes in the carrying value of goodwill for the years ended December 31, 2024 and 2023 are presented below.
(dollars in millions)Consumer BankingCommercial BankingTotal
Balance at December 31, 2022$2,673 $5,500 $8,173 
Business acquisitions10 15 
Balance at December 31, 2023$2,678 $5,510 $8,188 
Divestitures
— (1)(1)
Balance at December 31, 2024$2,678 $5,509 $8,187 
Carrying value of intangible assets
A summary of the carrying value of intangible assets is presented below.
December 31, 2024December 31, 2023
(dollars in millions)Amortizable Lives (years)
Gross
Accumulated AmortizationNetGrossAccumulated AmortizationNet
Core deposits
10
$144 $66 $78 $144 $44 $100 
Acquired technology
5 - 7
23 22 23 21 
Acquired relationships
2 - 15
52 31 21 52 26 26 
Naming Rights
5 - 10
33 16 17 33 12 21 
Other
2 - 8
42 13 29 18 10 
Total$294 $148 $146 $270 $113 $157 
Intangible assets future amortization expense
Estimated intangible asset amortization expense for the next five years is as follows:
Year
(dollars in millions)
2025$33 
202630 
202726 
202818 
2029