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Goodwill and Other Intangible Assets
 3 Months Ended
Mar. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Other Intangible Assets Goodwill and Other Intangible Assets
The following table presents changes in the carrying amount of goodwill during the periods indicated:
(In millions)
Investment
Servicing(1)
 
Investment
Management
 
Total
Goodwill:
 
 
 
 
 
Ending balance December 31, 2017
$
5,752

 
$
270

 
$
6,022

Acquisitions(1)
1,512

 
—

 
1,512

Foreign currency translation
(84
)
 
(4
)
 
(88
)
Ending balance December 31, 2018
7,180

 
266

 
7,446

Acquisitions(2)
121

 
—

 
121

Foreign currency translation
(18
)
 
—

 
(18
)
Ending balance March 31, 2019
$
7,283

 
$
266

 
$
7,549

 
 
 
 
(1) Investment Servicing includes our acquisition of CRD.
(2) We have completed the purchase price accounting for the CRD acquisition as of March 31, 2019. Upon completion of valuation procedures related to the acquired assets and assumed liabilities, primarily the identifiable intangible assets, we recorded measurement period adjustments in the first quarter of 2019, resulting in an increase in the goodwill of $112 million.
The following table presents changes in the net carrying amount of other intangible assets during the periods indicated:
(In millions)
Investment
Servicing(1)
 
Investment
Management
 
Total
Other intangible assets:
 
 
 
 
 
Ending balance December 31, 2017
$
1,432

 
$
181

 
$
1,613

Acquisitions(1)
1,007

 
—

 
1,007

Amortization
(196
)
 
(30
)
 
(226
)
Foreign currency translation
(25
)
 
—

 
(25
)
Ending balance December 31, 2018
2,218

 
151

 
2,369

Acquisitions(2)
(93
)
 
—

 
(93
)
Amortization
(53
)
 
(7
)
 
(60
)
Foreign currency translation
(8
)
 
—

 
(8
)
Ending balance March 31, 2019
$
2,064

 
$
144

 
$
2,208

 
 
 
 
(1) Investment Servicing includes our acquisition of CRD.
(2) We have completed the purchase price accounting for the CRD acquisition as of March 31, 2019. Upon completion of valuation procedures related to the acquired assets and assumed liabilities, primarily the identifiable intangible assets, we recorded measurement period adjustments in the first quarter of 2019, resulting in a decrease in the fair value of intangible assets of $93 million, with a corresponding increase to goodwill.
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:
 
March 31, 2019
 
December 31, 2018
(In millions)
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Net
Carrying
Amount
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Net
Carrying
Amount
Other intangible assets:
 
 
 
 
 
 
 
 
 
 
 
Client relationships
$
3,144

 
$
(1,639
)
 
$
1,505

 
$
3,262

 
$
(1,605
)
 
$
1,657

Technology
403

 
(60
)
 
343

 
389

 
(49
)
 
340

Core deposits
673

 
(356
)
 
317

 
676

 
(350
)
 
326

Other
100

 
(57
)
 
43

 
103

 
(57
)
 
46

Total
$
4,320

 
$
(2,112
)
 
$
2,208

 
$
4,430

 
$
(2,061
)

$
2,369