Goodwill and Other Intangible Assets (Tables)

6 Months Ended

Jun. 30, 2025

Goodwill and Intangible Assets Disclosure [Abstract]

Changes in Carrying Amounts of Goodwill Attributable to Operating Segments

The changes in the carrying amount of goodwill attributable to operating segments are reflected in the table below. Activity during 2024 primarily relates to the segment realignment and the divestiture of Sterling Capital Management, LLC. Refer to “Note 18. Operating Segments” for additional information on segments and “Note 21. Operating Segments” of the Annual Report on Form 10-K for the year ended December 31, 2024 for additional information on the segment realignment.

(Dollars in millions)	CSBB		WB		Total
Goodwill, January 1, 2024	$	13,503	$	3,653	$	17,156
Segment realignment	(1,498)		1,498		—
Divestitures	—		(32)		(32)
Adjustments and other	—		1		1
Goodwill, December 31, 2024	12,005		5,120		17,125
Goodwill, June 30, 2025	$	12,005	$	5,120	$	17,125

Identifiable Intangible Assets Subject to Amortization

The following table, which excludes fully amortized intangibles, presents information for identifiable intangible assets:

	June 30, 2025						December 31, 2024
(Dollars in millions)	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
CDI	$	2,410	$	(1,880)	$	530	$	2,453	$	(1,837)	$	616
Other, primarily client relationship intangibles	1,462		(593)		869		1,458		(524)		934
Total	$	3,872	$	(2,473)	$	1,399	$	3,911	$	(2,361)	$	1,550