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Goodwill and Other Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2025
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 for each of our goodwill reporting units:
(In millions)Investment
Servicing
Investment
Management
Total
Goodwill:
Ending balance December 31, 2023
$7,346 $265 $7,611 
Acquisitions(1)
189 — 189 
Foreign currency translation(107)(2)(109)
Ending balance December 31, 2024
7,428 263 7,691 
Acquisitions
243  243 
Foreign currency translation220 5 225 
Ending balance December 31, 2025
$7,891 $268 $8,159 
(1) Investment Servicing includes the impact of the consolidation of one of our joint ventures in India.
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, 2023$1,293 $27 $1,320 
Acquisitions13 20 
Amortization(216)(14)(230)
Foreign currency translation(21)— (21)
Ending balance December 31, 20241,063 26 1,089 
Acquisitions34  34 
Amortization(216)(7)(223)
Foreign currency translation35  35 
Ending balance December 31, 2025$916 $19 $935 
    
The following tables present the gross carrying amount, accumulated amortization and net carrying amount of other intangible assets by type as of the dates indicated:
December 31, 2025Gross Carrying AmountAccumulated AmortizationNet Carrying Amount
(In millions)
Other intangible assets:
Client relationships$2,831 $(2,144)$687 
Technology405 (293)112 
Core deposits703 (597)106 
Other121 (91)30 
Total$4,060 $(3,125)$935 
December 31, 2024Gross Carrying AmountAccumulated AmortizationNet Carrying Amount
(In millions)
Other intangible assets:
Client relationships$2,706 $(1,919)$787 
Technology401 (252)149 
Core deposits677 (540)137 
Other95 (79)16 
Total$3,879 $(2,790)$1,089 
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense
Expected future amortization expense for other intangible assets recorded as of December 31, 2025 is as follows:
(In millions)Future Amortization
Years Ended December 31,
2026$222 
2027185 
2028132 
202968 
2030
56