Other Assets (Tables)

9 Months Ended

Sep. 30, 2016

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]

Other Assets

The table below presents other assets by type.

	As of
$ in millions		September 2016	December 2015
Property, leasehold improvements and equipment		$11,347	$  9,956
Goodwill and identifiable intangible assets		4,104	4,148
Income tax-related assets		5,630	5,548
Equity-method investments		213	258
Miscellaneous receivables and other		3,924	5,308
Total		$25,218	$25,218

Goodwill and Intangible Assets

The tables below present the carrying values of goodwill and identifiable intangible assets.

	Goodwill as of
$ in millions		September 2016	December 2015
Investment Banking:
Financial Advisory		$     98	$     98
Underwriting		183	183
Institutional Client Services:
Fixed Income, Currency and Commodities Client Execution		269	269
Equities Client Execution		2,403	2,402
Securities Services		105	105
Investing & Lending		2	2
Investment Management		609	598
Total		$3,669	$3,657
	Identifiable Intangible Assets as of
$ in millions		September 2016	December 2015
Institutional Client Services:
Fixed Income, Currency and Commodities Client Execution		$     70	$     92
Equities Client Execution		149	193
Investing & Lending		92	75
Investment Management		124	131
Total		$   435	$   491

Intangible Assets Disclosure

The table below presents the gross carrying amount, accumulated amortization and net carrying amount of identifiable intangible assets and their weighted average remaining useful lives.

	As of
$ in millions		September 2016		Weighted Average Remaining Useful Lives (years)	December 2015
Customer lists
Gross carrying amount		$ 1,065			$ 1,072
Accumulated amortization		(820	)		(777	)
Net carrying amount		245		5	295
Commodities-related
Gross carrying amount		184			185
Accumulated amortization		(119	)		(94	)
Net carrying amount		65		7	91
Other
Gross carrying amount		324			264
Accumulated amortization		(199	)		(159	)
Net carrying amount		125		5	105
Total
Gross carrying amount		1,573			1,521
Accumulated amortization		(1,138	)		(1,030	)
Net carrying amount		$    435		5	$    491

In the table above:

• The net carrying amount of commodities-related intangibles primarily includes transportation rights.

• The net carrying amount of other intangibles primarily includes intangible assets related to acquired leases.

Amortization Expense

The tables below present details about amortization of identifiable intangible assets.

	Three Months Ended September			Nine Months Ended September
$ in millions		2016	2015		2016	2015
Amortization		$37	$28		$116	$98

Estimated Future Amortization for Existing Identifiable Intangible Assets Through 2021

$ in millions	As of September 2016
Estimated future amortization
Remainder of 2016	$  35
2017	126
2018	107
2019	76
2020	25
2021	18