XML 33 R23.htm IDEA: XBRL DOCUMENT
v3.24.2.u1

Intangible Assets | 6 Months Ended
--- | ---
Jun. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract] |
Intangible Assets | Intangible Assets Finite-lived Intangible Assets At June 30, 2024, intangible assets consisted of the following:
| June 30, 2024 |  | December 31, 2023
(in millions) | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Value |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Value
Core deposit intangible | $ | 700 |  |  | $ | (172) |  |  | $ | 528 |  |  | $ | 700 |  |  | $ | (113) |  |  | $ | 587 |
Other intangible assets | 56 |  | (27) |  | 29 |  | 56 |  | (18) |  |  | 38
Total other intangible assets | $ | 756 |  |  | $ | (199) |  |  | $ | 557 |  |  | $ | 756 |  |  | $ | (131) |  |  | $ | 625 |
As of June 30, 2024 the weighted average amortization period for core deposit intangibles and other intangible assets is 8.7 years and 3.6 years, respectively. Core deposit intangibles are amortized over the estimated useful life using the sum of years digits amortization method. The estimated amortization expense of core deposit intangibles and other intangible assets for the next five years is as follows:
(in millions) | Amortization Expense
2024 | $ | 65 |
2025 | 107 |
2026 | 94 |
2027 | 81 |
2028 | 68 |
Total | $ | 415 |

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for all or part of the information related to intangible assets. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-30/tableOfContent Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482665/350-30-50-4 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482665/350-30-50-3 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 985 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481283/985-20-50-2 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 985 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/985-20/tableOfContent + Details
Name: | us-gaap_IntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration