Goodwill and Other Intangible Assets

6 Months Ended

Jun. 30, 2018

Goodwill and Intangible Assets Disclosure [Abstract]

The following table presents changes in the carrying amount of goodwill during the periods indicated:



(In millions)	Investment Servicing			Investment Management			Total
Goodwill:
Ending balance December 31, 2016	$	5,550		$	264		$	5,814
Acquisitions	17			—			17
Divestitures and other reductions	(9		)	—			(9		)
Foreign currency translation	194			6			200
Ending balance December 31, 2017	5,752			270			6,022
Foreign currency translation	(47		)	(2		)	(49		)
Ending balance June 30, 2018	$	5,705		$	268		$	5,973

The following table presents changes in the net carrying amount of other intangible assets during the periods indicated:



(In millions)	Investment Servicing			Investment Management			Total
Other intangible assets:
Ending balance December 31, 2016	$	1,539		$	211		$	1,750
Acquisitions	16			—			16
Divestitures	(11		)	—			(11		)
Amortization	(183		)	(31		)	(214		)
Foreign currency translation and other, net	71			1			72
Ending balance December 31, 2017	1,432			181			1,613
Amortization	(83		)	(15		)	(98		)
Foreign currency translation and other, net	(15		)	—			(15		)
Ending balance June 30, 2018	$	1,334		$	166		$	1,500

The following table presents the gross carrying amount, accumulated amortization and net carrying amount of other intangible assets by type as of the dates indicated:



	June 30, 2018							December 31, 2017
(In millions)	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
Other intangible assets:
Client relationships	$	2,633	$	(1,521	)	$	1,112	$	2,669	$	(1,470	)	$	1,199
Core deposits	681		(335		)	346		686		(320		)	366
Other	136		(94		)	42		142		(94		)	48
Total	$	3,450	$	(1,950	)	$	1,500	$	3,497	$	(1,884	)	$	1,613

- Definition

The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss.

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