XML 62 R44.htm IDEA: XBRL DOCUMENT v3.24.0.1
Intangible Assets (Tables)
 12 Months Ended
Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
Goodwill allocated to each reportable segment (each a reporting unit) at December 31 is presented as follows:
 20232022
 (In millions)
Corporate Bank$3,006 $3,006 
Consumer Bank2,334 2,334 
Wealth Management393 393 
$5,733 $5,733 
Summary Of Other Intangible Assets
The following table presents other identifiable intangible assets and related accumulated amortization as of December 31:
202320222023202220232022
Gross Carrying AmountAccumulated AmortizationNet Carrying Amount
 (In millions)
Core deposit intangibles$1,011 $1,011 $1,010 $1,006 $1 $5 
Purchased credit card relationship assets175 175 169 164 6 11 
Relationship assets (1)
267 267 90 58 177 209 
Other—amortizing (2)
26 26 24 21 2 5 
Agency commercial real estate licenses (3)
16 16— — 16 16 
Other—non-amortizing (4)
3 3— — 3 3 
$1,498 $1,498 $1,293 $1,249 $205 $249 
_________
(1)Includes intangible assets related to broker and contractor origination networks, vendor networks, and customer relationships.
(2)Includes intangible assets primarily related to acquired trust services, trade names, intellectual property, and employee agreements.
(3)Includes a DUS license acquired in 2014 and commercial real estate licenses acquired in 2021 that are non-amortizing intangible assets. In 2022, an immaterial purchase accounting adjustment resulted in an update to commercial real estate licenses. Refer to Note 6 for additional information related to the DUS license.
(4)Includes non-amortizing intangible assets related to other acquired trust services.
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense
The aggregate amount of amortization expense for amortizing intangible assets is estimated as follows:
 Year Ended December 31
 (In millions)
2024$36 
202530 
202625 
202721 
202818