v3.25.2
Goodwill and Other Intangible Assets (Tables)
6 Months Ended
Jun. 30, 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:
(In millions)Investment
  Servicing
Investment
Management
Total
Goodwill:
Ending balance December 31, 2023
$7,346 $265 $7,611 
Acquisitions189 — 189 
Foreign currency translation(107)(2)(109)
Ending balance December 31, 2024
7,428 263 7,691 
Foreign currency translation222 5 227 
Ending balance June 30, 2025$7,650 $268 $7,918 
Schedule of Net Carrying Amount of Other 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 
Acquisitions
13 20 
Amortization(216)(14)(230)
Foreign currency translation(21)— (21)
Ending balance December 31, 2024
1,063 26 1,089 
Amortization(107)(3)(110)
Foreign currency translation35  35 
Ending balance June 30, 2025$991 $23 $1,014 
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:
June 30, 2025
Gross
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Amount
(In millions)
Other intangible assets:
Client relationships$2,814 $(2,069)$745 
Technology405 (275)130 
Core deposits703 (579)124 
Other103 (88)15 
Total$4,025 $(3,011)$1,014 
December 31, 2024
Gross
Carrying
Amount
Accumulated
Amortization
Net
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