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Goodwill and Other Intangible Assets
 6 Months Ended
Jun. 30, 2020
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, 2018
$
7,180

 
$
266

 
$
7,446

Acquisitions(2)
122

 
—

 
122

Foreign currency translation
(13
)
 
1

 
(12
)
Ending balance December 31, 2019
$
7,289

 
$
267

 
$
7,556

Foreign currency translation
(16
)
 
(2
)
 
(18
)
Ending balance June 30, 2020
$
7,273

 
$
265

 
$
7,538

 
 
(1) Investment Servicing includes our acquisition of CRD.
(2) We completed the purchase price accounting for CRD 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 resulting in an increase in the goodwill of $113 million and a decrease of $93 million in intangible assets.
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, 2018
$
2,218

 
$
151

 
$
2,369

Acquisitions(2)
(93
)
 
—

 
(93
)
Amortization
(207
)
 
(29
)
 
(236
)
Foreign currency translation
(10
)
 
—

 
(10
)
Ending balance December 31, 2019
$
1,908

 
$
122

 
$
2,030

Amortization
(102
)
 
(14
)
 
(116
)
Ending balance June 30, 2020
$
1,806

 
$
108

 
$
1,914

 
 
(1) Investment Servicing includes our acquisition of CRD.
(2)We completed the purchase price accounting for CRD 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 resulting in a decrease in the fair value of intangible assets of $93 million in intangible assets 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:
June 30, 2020
Gross
Carrying
Amount

Accumulated
Amortization

Net
Carrying
Amount
(In millions)


Other intangible assets:
 
 
 
 
 
Client relationships
$
2,639

 
$
(1,329
)
 
$
1,310

Technology
390

 
(92
)
 
298

Core deposits
673

 
(398
)
 
275

Other
100

 
(69
)
 
31

Total
$
3,802

 
$
(1,888
)
 
$
1,914

 
 
 
 
 
 
December 31, 2019
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Net
Carrying
Amount
(In millions)
 
 
Other intangible assets:
 
 
 
 
 
Client relationships
$
3,104

 
$
(1,718
)
 
$
1,386

Technology
403

 
(87
)
 
316

Core deposits
673

 
(381
)
 
292

Other
100

 
(64
)
 
36

Total
$
4,280

 
$
(2,250
)
 
$
2,030