v3.25.4
Other Assets (Tables)
 12 Months Ended
Dec. 31, 2025
Other Assets [Abstract]  
Other Assets
The table below presents other assets by type.
 
As of December
$ in millions20252024
Property, leasehold improvements and equipment$7,474 $8,024 
Goodwill5,949 5,853 
Identifiable intangible assets842 847 
Operating lease right-of-use assets2,050 1,967 
Income tax-related assets11,332 9,131 
Miscellaneous receivables and other 8,565 8,365 
Total$36,212 $34,187 
The table below presents information about investments (included in miscellaneous receivables and other within other assets in the consolidated balance sheets) in qualified affordable housing and renewable energy projects that met the criteria of the proportional amortization method of accounting.
 As of December
$ in millions20252024
Carrying value of investments
$4,123 $3,456 
The table below presents information about the amortization and income tax credits and other income tax benefits related to investments in qualified affordable housing and renewable energy projects that met the criteria of the proportional amortization method of accounting.
Year Ended December
$ in millions202520242023
Amortization$440 $381 $301 
Tax credits and other benefits
$520 $452 $370 
Carrying Value of Goodwill
The table below presents the carrying value of goodwill by reporting unit.
 
As of December
$ in millions20252024
Global Banking & Markets:
Investment banking
$267 $267 
FICC
269 269 
Equities
2,647 2,647 
Asset & Wealth Management:
Asset management1,457 1,361 
Wealth management1,309 1,309 
Total$5,949 $5,853 
Schedule of Identifiable Intangible Assets
The table below presents information about identifiable intangible assets.
 
As of December
$ in millions20252024
Gross carrying value
$2,320 $2,269 
Accumulated amortization
(1,478)(1,422)
Net carrying value
$842 $847 
In the table above, substantially all of the firm’s identifiable intangible assets consist of customer lists, have finite useful lives and are amortized over their estimated useful lives generally using the straight-line method.
Amortization of Identifiable Intangible Assets
The tables below present information about the amortization of identifiable intangible assets.
Year Ended December
$ in millions202520242023
Amortization$83 $176 $681 
In the table above, amortization for 2024 included a $72 million write-down in connection with the classification of the GM credit card program (included within Platform Solutions) as held for sale in 2024. Amortization for 2023 included a $506 million write-down related to GreenSky. The write-down is included in depreciation and amortization.
Estimated Future Amortization
As of
$ in millionsDecember 2025
Estimated future amortization 
2026$79 
2027$79 
2028$78 
2029$78 
2030$78