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Goodwill and Other Intangible Assets
3 Months Ended
Mar. 31, 2024
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
Investment
Management
Total
Goodwill:
Ending balance December 31, 2022$7,232 $263 $7,495 
Acquisitions44 — 44 
Foreign currency translation70 72 
Ending balance December 31, 2023$7,346 $265 $7,611 
Acquisitions14  14 
Foreign currency translation(42)(1)(43)
Ending balance March 31, 2024$7,318 $264 $7,582 
The following table presents changes in the net carrying amount of other intangible assets during the periods indicated:
(In millions)Investment ServicingInvestment
Management
Total
Other intangible assets:
Ending balance December 31, 2022$1,495 $49 $1,544 
Amortization(217)(22)(239)
Foreign currency translation15 — 15 
Ending balance December 31, 20231,293 27 1,320 
Acquisitions7  7 
Amortization(55)(5)(60)
Foreign currency translation(9) (9)
Ending balance March 31, 2024$1,236 $22 $1,258 
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, 2024Gross
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Amount
(In millions)
Other intangible assets:
Client relationships$2,742 $(1,833)$909 
Technology404 (225)179 
Core deposits685 (521)164 
Other84 (78)6 
Total$3,915 $(2,657)$1,258 
December 31, 2023Gross
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Amount
(In millions)
Other intangible assets:
Client relationships$2,761 $(1,808)$953 
Technology402 (216)186 
Core deposits690 (516)174 
Other85 (78)
Total$3,938 $(2,618)$1,320