Other Assets (Tables)

9 Months Ended

Sep. 30, 2020

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

Other Assets

The table below presents other assets by type.

	As of
$ in millions		September 2020	December 2019
Property, leasehold improvements and equipment		$23,515	$21,886
Goodwill and identifiable intangible assets		4,965	4,837
Operating lease right-of-use assets		2,268	2,360
Income tax-related assets		2,543	2,068
Miscellaneous receivables and other		4,683	3,731
Total		$37,974	$34,882

Carrying Value of Goodwill

The table below presents the carrying value of goodwill by reporting unit.

	As of
$ in millions		September 2020	December 2019
Investment Banking		$   281	$   281
Global Markets:
FICC		269	269
Equities		2,645	2,508
Asset Management		390	390
Consumer & Wealth Management:
Consumer banking		48	48
Wealth management		700	700
Total		$4,333	$4,196

Identifiable Intangible Assets by Segment and Type

The table below presents identifiable intangible assets by reporting unit and type.

	As of
$ in millions		September 2020		December 2019
By Reporting Unit
Global Markets:
FICC		$        2		$        3
Equities		46		–
Asset Management		264		265
Consumer & Wealth Management:
Consumer banking		6		7
Wealth management		314		366
Total		$    632		$    641
By Type
Customer lists
Gross carrying value		$ 1,478		$ 1,427
Accumulated amortization		(1,078	)	(1,044	)
Net carrying value		400		383
Acquired leases and other
Gross carrying value		685		790
Accumulated amortization		(453	)	(532	)
Net carrying value		232		258
Total gross carrying value		2,163		2,217
Total accumulated amortization		(1,531	)	(1,576	)
Total net carrying value		$    632		$    641

Amortization Expense

The tables below present information about the amortization of identifiable intangible assets.

	Three Months Ended September			Nine Months Ended September
$ in millions		2020	2019		2020	2019
Amortization		$40	$52		$117	$134

Estimated Future Amortization

$ in millions	As of September 2020
Estimated future amortization
Remainder of 2020	$  30
2021	$105
2022	$  88
2023	$  80
2024	$  64
2025	$  45