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Goodwill and Intangible Assets
 12 Months Ended
Dec. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets Goodwill and Intangible Assets
Goodwill Rollforward
$ in millionsISWMIMTotal
At December 31, 2019¹$261 $6,001 $881 $7,143 
Foreign currency and other15 7 — 22 
Acquired2
200 4,270 — 4,470 
At December 31, 2020¹$476 $10,278 $881 $11,635 
Foreign currency and other(1)(68)(3)(72)
Acquired3
— 115 5,155 5,270 
At December 31, 2021¹$475 $10,325 $6,033 $16,833 
Accumulated impairments4
$673 $— $27 $700 
1.Balances represent the amount of the Firm’s goodwill after accumulated impairments.
2.The Wealth Management business segment amount reflects the impact of the Firm's acquisition of E*TRADE on October 2, 2020.
3.The Investment Management and Wealth Management business segments’ amounts reflect the impact of the Firm's acquisition of Eaton Vance on March 1, 2021.
4.There were no impairments recorded in 2021, 2020 or 2019.
Intangible Assets Rollforward
$ in millionsISWMIM Total
At December 31, 2019$227 $1,828 $52 $2,107 
Acquired1
14 3,309 — 3,323 
Disposals(79)— — (79)
Amortization expense(35)(330)(8)(373)
Other— 2 — 2 
At December 31, 2020$127 $4,809 $44 $4,980 
Acquired2
— 134 3,844 3,978 
Disposals— (36)— (36)
Amortization expense(23)(495)(94)(612)
Other— 51 (1)50 
At December 31, 2021$104 $4,463 $3,793 $8,360 
1.The Wealth Management amount principally reflects the impact of the Firm's acquisition of E*TRADE on October 2, 2020.
2.The Investment Management and Wealth Management amounts principally reflect the impact of the Firm's acquisition of Eaton Vance on March 1, 2021, which includes $2.1 billion of non-amortizable intangible assets.
Intangible Assets by Type
Non-amortizableAmortizable
$ in millionsGross
Carrying
Amount		Gross
Carrying
Amount		Accumulated
Amortization
At December 31, 2021
Management contracts$2,120 $291 $95 
Customer relationships— 8,851 3,515 
Tradenames— 737 117 
Other— 180 92 
Total$2,120 $10,059 $3,819 
At December 31, 2020
Management contracts$— $178 $120 
Customer relationships— 7,420 2,984 
Tradenames— 460 82 
Other— 187 79 
Total$— $8,245 $3,265 
Estimated annual amortization expense for the next five years$530 
The Firm’s annual goodwill and non-amortizable intangible asset impairment testing as of July 1, 2021 did not indicate any impairment. For more information, see Note 2.