Annual report pursuant to Section 13 and 15(d)

GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)

v3.10.0.1
GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)
12 Months Ended
Dec. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill by business segment
A rollforward of goodwill by business segment for the years ended December 31, 2018 and 2017, is presented in the table below:
 
Consumer &
 
 
 
 
 
 
 
 
 
 
 
Business
 
Commercial
 
Vehicle
 
 
 
Treasury/
 
Huntington
(dollar amounts in millions)
Banking
 
Banking
 
Finance
 
RBHPCG
 
Other
 
Consolidated
Balance, January 1, 2017
$
1,398

 
$
453

 
$

 
$
142

 
$

 
$
1,993

Adjustments

 
(28
)
 

 
28

 

 

Balance, December 31, 2017
1,398

 
425

 

 
170

 

 
1,993

Goodwill acquired during the period

 
1

 

 

 

 
1

Adjustments
(5
)
 

 

 

 

 
(5
)
Balance, December 31, 2018
$
1,393

 
$
426

 
$

 
$
170

 
$

 
$
1,989

Summary of other intangible assets
At December 31, 2018 and 2017, Huntington’s other intangible assets consisted of the following:
(dollar amounts in millions)
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Net
Carrying
Value
December 31, 2018
 
 
 
 
 
Core deposit intangible
$
314

 
$
(93
)
 
$
221

Customer relationship
182

 
(122
)
 
60

Total other intangible assets
$
496

 
$
(215
)
 
$
281

December 31, 2017
 
 
 
 
 
Core deposit intangible
$
325

 
$
(61
)
 
$
264

Customer relationship
190

 
(108
)
 
82

Total other intangible assets
$
515

 
$
(169
)
 
$
346

Estimated amortization expense of other intangible assets
The estimated amortization expense of other intangible assets for the next five years is as follows:
(dollar amounts in millions)
Amortization
Expense
2019
$
49

2020
41

2021
38

2022
36

2023
34