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GOODWILL AND INTANGIBLE ASSETS (Tables) | 12 Months Ended
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Dec. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of goodwill | Changes in the carrying value of goodwill for the years ended December 31, 2021 and 2020 are presented below.
(in millions) | Consumer Banking |  | Commercial Banking |  | Total
Balance at December 31, 2019 | $2,258 |  |  | $4,786 |  |  | $7,044 |
Business acquisition | — |  |  | 6 |  |  | 6 |
Balance at December 31, 2020 | $2,258 |  |  | $4,792 |  |  | $7,050 |
Business acquisitions | — |  |  | 66 |  |  | 66 |
Balance at December 31, 2021 | $2,258 |  |  | $4,858 |  |  | $7,116 |
Carrying value of intangible assets | A summary of the carrying value of intangible assets is presented below.
|  | December 31, 2021 |  | December 31, 2020
(in millions) | Amortizable Lives (years) | Gross | Accumulated Amortization | Net |  | Gross | Accumulated Amortization | Net
Acquired technology | 5 - 7 | $21 |  | $11 |  | $10 |  |  | $21 |  | $7 |  | $14 |
Acquired relationships | 2 - 15 | 53 |  | 14 |  | 39 |  |  | 38 |  | 10 |  | 28 |
Naming Rights | 10 | 10 |  | 3 |  | 7 |  |  | 11 |  | 2 |  | 9 |
Other | 2 - 7 | 13 |  | 5 |  | 8 |  |  | 13 |  | 6 |  | 7 |
Total |  | $97 |  | $33 |  | $64 |  |  | $83 |  | $25 |  | $58 |
Intangible assets future amortization expense | Estimated intangible asset amortization expense for the next five years is as follows:
(in millions) | Total
2022 | $20 |
2023 | 12 |
2024 | 7 |
2025 | 7 |
2026 | 6 |

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- Definition Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16265-109275 + Details
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