GOODWILL AND INTANGIBLE ASSETS (Tables)

3 Months Ended

Mar. 31, 2013

GOODWILL AND INTANGIBLE ASSETS

Changes in Goodwill

In millions of dollars
Balance at December 31, 2012	$	25,673
Foreign exchange translation and other		(199	)
Balance at March 31, 2013	$	25,474

Goodwill by reporting units

In millions of dollars Reporting unit(1)	Goodwill
North America Regional Consumer Banking	$	6,799
EMEA Regional Consumer Banking		343
Asia Regional Consumer Banking		5,242
Latin America Regional Consumer Banking		1,942
Securities and Banking		9,387
Transaction Services		1,614
Brokerage and Asset Management		42
Local Consumer Lending—Cards		105
Total	$	25,474

(1)

Local Consumer Lending—Other is excluded from the table as there is no goodwill allocated to it.

Components of intangible assets

	March 31, 2013						December 31, 2012
In millions of dollars	Gross carrying amount		Accumulated amortization		Net carrying amount		Gross carrying amount		Accumulated amortization		Net carrying amount
Purchased credit card relationships	$	7,621	$	5,813	$	1,808	$	7,632	$	5,726	$	1,906
Core deposit intangibles		1,283		1,023		260		1,315		1,019		296
Other customer relationships		725		378		347		767		380		387
Present value of future profits		241		140		101		239		135		104
Indefinite-lived intangible assets		521		—		521		487		—		487
Other(1)		4,739		2,319		2,420		4,764		2,247		2,517
Intangible assets (excluding MSRs)	$	15,130	$	9,673	$	5,457	$	15,204	$	9,507	$	5,697
Mortgage servicing rights (MSRs)		2,203		—		2,203		1,942		—		1,942
Total intangible assets	$	17,333	$	9,673	$	7,660	$	17,146	$	9,507	$	7,639

(1)

Includes contract-related intangible assets.

Changes in intangible assets

In millions of dollars	Net carrying amount at December 31, 2012		Acquisitions/ divestitures		Amortization			Impairments			FX and other			Net carrying amount at March 31, 2013
Purchased credit card relationships	$	1,906	$	—	$	(95	)	$	(4	)	$	1		$	1,808
Core deposit intangibles		296		—		(19	)		(21	)		4			260
Other customer relationships		387		—		(9	)		—			(31	)		347
Present value of future profits		104		—		(3	)		—			—			101
Indefinite-lived intangible assets		487		—		—			—			34			521
Other		2,517		—		(78	)		—			(19	)		2,420
Intangible assets (excluding MSRs)	$	5,697	$	—	$	(204	)	$	(25	)	$	(11	)	$	5,457
Mortgage servicing rights (MSRs)(1)		1,942													2,203
Total intangible assets	$	7,639												$	7,660

(1)

See Note 18 to the Consolidated Financial Statements for the roll-forward of MSRs.