v3.22.0.1
Other Assets (Tables)
12 Months Ended
Dec. 31, 2021
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Other Assets
The table below presents other assets by type.
 
    As of December  
     
$ in millions
 
 
2021
 
    2020  
Property, leasehold improvements and equipment
 
 
$18,094
 
    $23,147  
Goodwill
 
 
4,285
 
    4,332  
Identifiable intangible assets
 
 
418
 
    630  
Operating lease
right-of-use
assets
 
 
2,292
 
    2,280  
Income
tax-related
assets
 
 
3,860
 
    2,960  
Miscellaneous receivables and other
 
 
5,659
 
    4,096  
Total
 
 
$34,608
 
    $37,445  
Carrying Value of Goodwill
The table below presents the carrying value of goodwill by reporting unit.
 
    As of December  
     
$ in millions
 
 
2021
 
     2020  
Investment Banking
 
 
$  
 
281
 
     $  
    
281
 
Global Markets:
                
FICC
 
 
269
 
     269  
Equities
 
 
2,638
 
     2,644  
Asset Management
 
 
349
 
     390  
Consumer & Wealth Management:
                
Consumer banking
 
 
48
 
     48  
Wealth management
 
 
700
 
     700  
Total
 
 
$4,285
 
     $4,332  
Identifiable Intangible Assets by Segment and Type
The table below presents identifiable intangible assets by reporting unit and type.
 
    As of December  
     
$ in millions
 
 
2021
 
     2020  
By Reporting Unit
                
Global Markets:
                
FICC
 
 
$        1
 
     $        2  
Equities
 
 
43
 
     45  
Asset Management
 
 
122
 
     274  
Consumer & Wealth Management:
                
Consumer banking
 
 
 
     6  
Wealth management
 
 
252
 
     303  
Total
 
 
$
    
418
 
     $    630  
 
By Type
                
Customer lists
                
Gross carrying value
 
 
$
 
1,460
 
     $ 1,478  
Accumulated amortization
 
 
(1,130
     (1,089
Net carrying value
 
 
330
 
     389  
 
Acquired leases and other
                
Gross carrying value
 
 
500
 
     710  
Accumulated amortization
 
 
(412
     (469
Net carrying value
 
 
88
 
     241  
 
Total gross carrying value
 
 
1,960
 
     2,188  
Total accumulated amortization
 
 
(1,542
     (1,558
Total net carrying value
 
 
$
    
418
 
     $    630  
Amortization Expense
The tables below present information about the amortization of identifiable intangible assets.
 
    Year Ended December  
       
$ in millions
 
 
2021
 
     2020        2019  
Amortization
 
 
$120
 
     $147        $173  
Estimated Future Amortization
 
$ in millions
 
 
As of
December 2021
 
 
Estimated future amortization
       
2022
 
 
$69
 
2023
 
 
$65
 
2024
 
 
$53
 
2025
 
 
$37
 
2026
 
 
$30