Goodwill and Other Intangible Assets (Tables)

6 Months Ended

Jun. 30, 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
Foreign currency translation	47		2		49
Ending balance June 30, 2023	$	7,279	$	265	$	7,544

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	(109)		(11)		(120)
Foreign currency translation	11		—		11
Ending balance June 30, 2023	$	1,397	$	38	$	1,435

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:

June 30, 2023	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
(In millions)
Other intangible assets:
Client relationships	$	2,749	$	(1,720)	$	1,029
Technology	402		(197)		205
Core deposits	687		(496)		191
Other	84		(74)		10
Total	$	3,922	$	(2,487)	$	1,435
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