2013 | 2012 | ||||||||||||||||||||||
(In millions) | Investment Servicing | Investment Management | Total | Investment Servicing | Investment Management | Total | |||||||||||||||||
Beginning balance | $ | 5,941 | $ | 36 | $ | 5,977 | $ | 5,610 | $ | 35 | $ | 5,645 | |||||||||||
Acquisitions(1) | — | — | — | 290 | — | 290 | |||||||||||||||||
Divestitures and other reductions | (10 | ) | — | (10 | ) | — | — | — | |||||||||||||||
Foreign currency translation, net | 68 | 1 | 69 | 41 | 1 | 42 | |||||||||||||||||
Ending balance | $ | 5,999 | $ | 37 | $ | 6,036 | $ | 5,941 | $ | 36 | $ | 5,977 |
2013 | 2012 | ||||||||||||||||||||||
(In millions) | Investment Servicing | Investment Management | Total | Investment Servicing | Investment Management | Total | |||||||||||||||||
Beginning balance | $ | 2,492 | $ | 47 | $ | 2,539 | $ | 2,408 | $ | 51 | $ | 2,459 | |||||||||||
Acquisitions(1) | — | — | — | 257 | — | 257 | |||||||||||||||||
Divestitures | (5 | ) | — | (5 | ) | — | — | — | |||||||||||||||
Amortization | (205 | ) | (9 | ) | (214 | ) | (193 | ) | (5 | ) | (198 | ) | |||||||||||
Foreign currency translation, net | 39 | 1 | 40 | 20 | 1 | 21 | |||||||||||||||||
Ending balance | $ | 2,321 | $ | 39 | $ | 2,360 | $ | 2,492 | $ | 47 | $ | 2,539 |
2013 | 2012 | ||||||||||||||||||||||
(In millions) | Gross Carrying Amount | Accumulated Amortization | Net Carrying Amount | Gross Carrying Amount | Accumulated Amortization | Net Carrying Amount | |||||||||||||||||
Client relationships | $ | 2,706 | $ | (975 | ) | $ | 1,731 | $ | 2,653 | $ | (755 | ) | $ | 1,898 | |||||||||
Core deposits | 717 | (191 | ) | 526 | 706 | (192 | ) | 514 | |||||||||||||||
Other | 234 | (131 | ) | 103 | 244 | (117 | ) | 127 | |||||||||||||||
Total | $ | 3,657 | $ | (1,297 | ) | $ | 2,360 | $ | 3,603 | $ | (1,064 | ) | $ | 2,539 |