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Goodwill and Intangible Assets (Tables)
 9 Months Ended
Sep. 30, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Components of Goodwill, Intangible Assets and MSRs
The table below presents our goodwill, intangible assets and MSRs as of September 30, 2019 and December 31, 2018. Goodwill is presented separately, while intangible assets and MSRs are included in other assets on our consolidated balance sheets.
Table 7.1: Components of Goodwill, Intangible Assets and MSRs
 
 
September 30, 2019
(Dollars in millions)
 
Carrying
Amount of
Assets
 
Accumulated Amortization
 
Net
Carrying
Amount
Goodwill
 
$
14,624

 
N/A

 
$
14,624

Intangible assets:
 
 
 
 
 
 
Purchased credit card relationship (“PCCR”) intangibles
 
1,932

 
$
(1,844
)
 
88

Other(1)
 
225

 
(132
)
 
93

Total intangible assets
 
2,157

 
(1,976
)
 
181

Total goodwill and intangible assets
 
$
16,781

 
$
(1,976
)
 
$
14,805

Commercial MSRs(2)
 
$
528

 
$
(237
)
 
$
291

 
 
 
 
 
 
 
 
 
December 31, 2018
(Dollars in millions)
 
Carrying
Amount of
Assets
 
Accumulated Amortization
 
Net
Carrying
Amount
Goodwill
 
$
14,544

 
N/A

 
$
14,544

Intangible assets:
 
 
 
 
 
 
PCCR intangibles
 
2,102

 
$
(1,952
)
 
150

Core deposit intangibles
 
1,149

 
(1,148
)
 
1

Other(1)
 
271

 
(168
)
 
103

Total intangible assets
 
3,522

 
(3,268
)
 
254

Total goodwill and intangible assets
 
$
18,066

 
$
(3,268
)
 
$
14,798

Commercial MSRs(2)
 
$
459

 
$
(185
)
 
$
274

__________
(1) 
Primarily consists of intangibles for sponsorship, customer and merchant relationships, partnership and other contract intangibles and trade name intangibles.
(2) 
Commercial MSRs are accounted for under the amortization method on our consolidated balance sheets.
Goodwill Attributable to Business Segments
The following table presents changes in the carrying amount of goodwill by each of our business segments as of September 30, 2019 and December 31, 2018.
Table 7.2: Goodwill by Business Segments
(Dollars in millions)
 
Credit
Card
 
Consumer
Banking
 
Commercial Banking
 
Total
Balance as of December 31, 2018
 
$
5,060

 
$
4,600

 
$
4,884

 
$
14,544

Acquisitions
 
2

 
45

 
36

 
83

Reductions in goodwill related to divestitures
 
0

 
(1
)
 
0

 
(1
)
Other adjustments(1)
 
(2
)
 
0

 
0

 
(2
)
Balance as of September 30, 2019
 
$
5,060

 
$
4,644

 
$
4,920

 
$
14,624

__________
(1) 
Represents foreign currency translation adjustments.