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Network
1050 - Disclosure - Other Assets (Tables)
(http://goldmansachs.com/taxonomy/role/NotesToFinancialStatementsOtherAssetsDisclosureTextBlockTables)
Table(Implied)
Slicers (applies to each fact value in each table cell)
Reporting Entity [Axis]0000886982 (http://www.sec.gov/CIK)
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]Period [Axis]
2016-01-01 - 2016-12-31
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
 
Other Assets

The table below presents other assets by type.

 

    As of December  
$ in millions     2016        2015  

Property, leasehold improvements and equipment

     $12,070        $  9,956  
   

Goodwill and identifiable intangible assets

     4,095        4,148  
   

Income tax-related assets

     5,550        5,548  
   

Equity-method investments

     219        258  
   

Miscellaneous receivables and other

     3,547        5,308  

Total

     $25,481        $25,218  

 

 

  
Goodwill and Intangible Assets

The tables below present the carrying values of goodwill and identifiable intangible assets.

 

    Goodwill as of December  
$ in millions     2016          2015  

Investment Banking:

       

Financial Advisory

     $     98          $     98  
   

Underwriting

     183          183  
   

Institutional Client Services:

       

Fixed Income, Currency and Commodities Client Execution

     269          269  
   

Equities Client Execution

     2,403          2,402  
   

Securities Services

     105          105  
   

Investing & Lending

     2          2  
   

Investment Management

     606          598  

Total

     $3,666          $3,657  

 

    Identifiable Intangible
Assets as of December		  
$ in millions     2016           2015   

Institutional Client Services:

       

Fixed Income, Currency and Commodities Client Execution

     $  65           $  92   
   

Equities Client Execution

     141           193   
   

Investing & Lending

     105           75   
   

Investment Management

     118           131   

Total

     $429           $491   

  
Intangible Assets Disclosure

The table below presents the gross carrying amount, accumulated amortization and net carrying amount of identifiable intangible assets.

 

    As of December  
$ in millions     2016         2015   

Customer lists

     

Gross carrying amount

     $ 1,065         $ 1,072   
   

Accumulated amortization

     (837 )       (777 ) 

Net carrying amount

     228         295   
   

Other

     

Gross carrying amount

     543         449   
   

Accumulated amortization

     (342 )       (253 ) 

Net carrying amount

     201         196   
   

Total

     

Gross carrying amount

     1,608         1,521   
   

Accumulated amortization

     (1,179 )       (1,030 ) 

Net carrying amount

     $    429         $    491   

In the table above:

 

•  

The net carrying amount of other intangibles primarily includes intangible assets related to acquired leases and commodities transportation rights.

 

•  

During 2016 and 2015, the firm acquired $89 million (primarily related to acquired leases) and $67 million (primarily related to customer lists), respectively, of intangible assets with a weighted average amortization period of three years.
  
Amortization Expense

The tables below present details about amortization of identifiable intangible assets.

 

    Year Ended December  
$ in millions     2016         2015         2014   

Amortization

     $162         $132         $217   
  
Estimated Future Amortization for Existing Identifiable Intangible Assets Through 2021
$ in millions    

 

 As of

December 2016

   

  

Estimated future amortization

  

2017

     $133   
   

2018

     113   
   

2019

     79   
   

2020

     29   
   

2021

     19