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Goodwill and intangible assets (Tables)
 9 Months Ended
Sep. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Breakdown of Goodwill by Business
The tables below provide a breakdown of goodwill by business segment.

Goodwill by business segment

(in millions)
Securities
Services		Market and Wealth ServicesInvestment
and Wealth
Management		Consolidated
Balance at Dec. 31, 2024
Goodwill$7,331 $1,475 $8,472 $17,278 
Accumulated impairment losses— — (680)(680)
Net goodwill$7,331 $1,475 $7,792 $16,598 
Dispositions(18)— — (18)
Foreign currency translation94 6 106 206 
Other(13)— — (13)
Balance at Sept. 30, 2025
Goodwill$7,394 $1,481 $8,578 $17,453 
Accumulated impairment losses— — (680)(680)
Net goodwill $7,394 $1,481 $7,898 $16,773 


Goodwill by business segment

(in millions)
Securities
Services		Market and Wealth ServicesInvestment
and Wealth
Management		Consolidated
Balance at Dec. 31, 2023
Goodwill$7,004 $1,429 $8,508 $16,941 
Accumulated impairment losses— — (680)(680)
Net goodwill$7,004 $1,429 $7,828 $16,261 
Business realignment (a)
(51)48 3 — 
Foreign currency translation15 4 58 77 
Balance at Sept. 30, 2024
Goodwill$6,968 $1,481 $8,569 $17,018 
Accumulated impairment losses— — (680)(680)
Net goodwill$6,968 $1,481 $7,889 $16,338 
(a)    In the first quarter of 2024, we made certain realignments of similar products and services within our lines of business. See Note 24 of the Notes to Consolidated Financial Statements in our 2024 Annual Report for additional information.
Breakdown of Intangible Assets by Business
The tables below provide a breakdown of intangible assets by business segment.

Intangible assets – net carrying amount by business segment
(in millions)
Securities
Services		Market and Wealth ServicesInvestment
and Wealth
Management		OtherConsolidated
Balance at Dec. 31, 2024
$186 $374 $1,442 $849 $2,851 
Amortization(20)(2)(12)— (34)
Foreign currency translation6 — 11 — 17 
Balance at Sept. 30, 2025
$172 $372 $1,441 $849 $2,834 


Intangible assets – net carrying amount by business segment
(in millions)
Securities
Services		Market and Wealth ServicesInvestment
and Wealth
Management		OtherConsolidated
Balance at Dec. 31, 2023
$164 $378 $1,463 $849 $2,854 
Amortization(21)(3)(13)— (37)
Foreign currency translation— — 7 — 7 
Balance at Sept. 30, 2024
$143 $375 $1,457 $849 $2,824 
Breakdown of Intangible Assets by Type
The table below provides a breakdown of intangible assets by type.

Intangible assetsSept. 30, 2025Dec. 31, 2024
(dollars in millions)Gross
carrying
amount		Accumulated
amortization		Net
carrying
amount		Remaining
weighted-
average
amortization
period		Gross
carrying
amount		Accumulated
amortization		Net
carrying
amount
Subject to amortization: (a)
Customer contracts – Securities Services
$789 $(617)$172 12 years$779 $(593)$186 
Customer contracts – Market and Wealth Services
269 (268)1 1 year269 (266)3 
Customer relationships – Investment and Wealth Management
517 (469)48 7 years553 (495)58 
Other40 (15)25 11 years42 (14)28 
Total subject to amortization$1,615 $(1,369)$246 11 years$1,643 $(1,368)$275 
Not subject to amortization: (b)
Tradenames$1,294 N/A$1,294 N/A$1,291 N/A$1,291 
Customer relationships1,294 N/A1,294 N/A1,285 N/A1,285 
Total not subject to amortization$2,588 N/A$2,588 N/A$2,576 N/A$2,576 
Total intangible assets$4,203 $(1,369)$2,834 N/A$4,219 $(1,368)$2,851 
(a)    Excludes fully amortized intangible assets.
(b)    Intangible assets not subject to amortization have an indefinite life.
N/A – Not applicable.
Estimated Annual Amortization Expense
Estimated annual amortization expense for current intangibles for the next five years is as follows:

For the year ended
Dec. 31,
Estimated amortization expense
(in millions)
2025$45 
202637 
202731 
202827 
202924