Annual report pursuant to Section 13 and 15(d)

Goodwill and Intangible Assets (Tables)

v2.4.0.6
Goodwill and Intangible Assets (Tables)
 12 Months Ended
Dec. 31, 2012
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Finite-Lived Intangible Assets [Table Text Block]
The table below presents the gross carrying amount, accumulated amortization, and net carrying amounts of intangible assets as of December 31, 2012 and December 31, 2011:
(dollars in millions)
 
 
Year Ended
December 31,
2012
 
 
Year Ended
December 31,
2011
Customer relationships
Gross carrying amount
$
3,087

 
 
$
3,087

 
Accumulated amortization
(1,235
)
 
 
(928
)
 
Net carrying amount
1,852

 
 
2,159

Other(1)
Gross carrying amount
1,515

 
 
1,515

 
Accumulated amortization
—

 
 
—

 
Net carrying amount
1,515

 
 
1,515

Total
Gross carrying amount
4,602

 
 
4,602

 
Accumulated amortization
(1,235
)
 
 
(928
)
 
Net carrying amount
$
3,367

 
 
$
3,674

 
 
 
 
 
 
(1)
Represents value assigned to the Merrill Lynch brand.