Goodwill and Other Intangible Assets (Tables)

3 Months Ended

Mar. 31, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Changes in the Carrying Amount of Goodwill

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, 2021	$	7,354	$	267	$	7,621
Acquisitions	3		—		3
Foreign currency translation	(125)		(4)		(129)
Ending balance December 31, 2022	$	7,232	$	263	$	7,495
Acquisitions	—		—		—
Foreign currency translation	34		1		35
Ending balance March 31, 2023	$	7,266	$	264	$	7,530

Schedule of Finite-Lived Intangible Assets

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, 2021	$	1,746	$	70	$	1,816
Amortization	(217)		(21)		(238)
Foreign currency translation	(34)		—		(34)
Ending balance December 31, 2022	1,495		49		1,544
Amortization	(54)		(6)		(60)
Foreign currency translation	9		—		9
Ending balance March 31, 2023	$	1,450	$	43	$	1,493

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense

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, 2023	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
(In millions)
Other intangible assets:
Client relationships	$	2,745	$	(1,677)	$	1,068
Technology	402		(188)		214
Core deposits	687		(488)		199
Other	86		(74)		12
Total	$	3,920	$	(2,427)	$	1,493
December 31, 2022	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
(In millions)
Other intangible assets:
Client relationships	$	2,728	$	(1,626)	$	1,102
Technology	402		(178)		224
Core deposits	683		(477)		206
Other	84		(72)		12
Total	$	3,897	$	(2,353)	$	1,544