Intangible Assets (Tables)

9 Months Ended

Sep. 30, 2020

Intangible Assets, Net (Excluding Goodwill) [Abstract]

Intangible Assets

The details of the Bancorp’s intangible assets are shown in the following table:

($ in millions)	Gross Carrying Amount		Accumulated Amortization	Net Carrying Amount
As of September 30, 2020
Core deposit intangibles	$	229	(104)	125
Customer relationships	29		(7)	22
Operating leases	19		(13)	6
Non-compete agreements	3		(2)	1
Other	4		(1)	3
Total intangible assets	$	284	(127)	157
As of December 31, 2019
Core deposit intangibles	$	229	(70)	159
Customer relationships	29		(6)	23
Operating leases	23		(9)	14
Non-compete agreements	13		(11)	2
Other	4		(1)	3
Total intangible assets	$	298	(97)	201

Estimated Amortization Expense

Estimated amortization expense for the remainder of 2020 through 2024 is as follows:

($ in millions)	Total
Remainder of 2020	$	13
2021	43
2022	33
2023	24
2024	16