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Credit Quality and the Allowance for Loan and Lease Losses - Summary of the Credit Risk Profile of the Bancorp's Residential Mortgage and Consumer Portfolio Segments by Class (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Dec. 31, 2019
Financing Receivable, Modifications        
Total [1],[2]   $ 110,731   $ 109,558
Total loans and leases   108,157   108,356
Performing        
Financing Receivable, Modifications        
Total loans and leases       39,196
Nonperforming        
Financing Receivable, Modifications        
Total loans and leases       221
Residential mortgage loans        
Financing Receivable, Modifications        
Residential mortgage loans   174   183
Residential Mortgage        
Financing Receivable, Modifications        
Residential mortgage loans   174   183
Residential Mortgage | Federal Housing Administration Loan        
Financing Receivable, Modifications        
Losses due to claim denials and curtailments $ 1 2 $ 1  
Residential Mortgage | 30-89 days past due | Federal Housing Administration Loan        
Financing Receivable, Modifications        
Past due   91   94
Residential Mortgage | 90 days or more past due | Federal Housing Administration Loan        
Financing Receivable, Modifications        
Past due   249   261
Residential Mortgage | Residential mortgage loans        
Financing Receivable, Modifications        
2020   2,845    
2019   2,354    
2018   981    
2017   1,890    
2016   2,600    
Prior   5,314    
Revolving Loans Amortized Cost Basis   0    
Revolving Loans Converted to Term Loans Amortized Cost Basis   0    
Total   15,984    
Total loans and leases       16,541
Past due       169
Residential Mortgage | Residential mortgage loans | 30-89 days past due        
Financing Receivable, Modifications        
Past due       27
Residential Mortgage | Residential mortgage loans | 90 days or more past due        
Financing Receivable, Modifications        
Past due       142
Residential Mortgage | Residential mortgage loans | Performing        
Financing Receivable, Modifications        
2020   2,845    
2019   2,354    
2018   981    
2017   1,888    
2016   2,597    
Prior   5,250    
Revolving Loans Amortized Cost Basis   0    
Revolving Loans Converted to Term Loans Amortized Cost Basis   0    
Total   15,915    
Total loans and leases       16,450
Residential Mortgage | Residential mortgage loans | Performing | Current        
Financing Receivable, Modifications        
2020   2,843    
2019   2,348    
2018   976    
2017   1,877    
2016   2,589    
Prior   5,191    
Revolving Loans Amortized Cost Basis   0    
Revolving Loans Converted to Term Loans Amortized Cost Basis   0    
Total   15,824    
Residential Mortgage | Residential mortgage loans | Performing | 30-89 days past due        
Financing Receivable, Modifications        
2020   2    
2019   1    
2018   3    
2017   4    
2016   3    
Prior   11    
Revolving Loans Amortized Cost Basis   0    
Revolving Loans Converted to Term Loans Amortized Cost Basis   0    
Total   24    
Residential Mortgage | Residential mortgage loans | Performing | 90 days or more past due        
Financing Receivable, Modifications        
2020   0    
2019   5    
2018   2    
2017   7    
2016   5    
Prior   48    
Revolving Loans Amortized Cost Basis   0    
Revolving Loans Converted to Term Loans Amortized Cost Basis   0    
Total   67    
Residential Mortgage | Residential mortgage loans | Nonperforming        
Financing Receivable, Modifications        
2020   0    
2019   0    
2018   0    
2017   2    
2016   3    
Prior   64    
Revolving Loans Amortized Cost Basis   0    
Revolving Loans Converted to Term Loans Amortized Cost Basis   0    
Total   69    
Total loans and leases       91
Consumer        
Financing Receivable, Modifications        
Total   39,481   39,600
Consumer | Home equity        
Financing Receivable, Modifications        
2020   11    
2019   27    
2018   36    
2017   5    
2016   3    
Prior   181    
Revolving Loans Amortized Cost Basis   5,183    
Revolving Loans Converted to Term Loans Amortized Cost Basis   9    
Total   5,455    
Total loans and leases       6,083
Past due       118
Consumer | Home equity | 30-89 days past due        
Financing Receivable, Modifications        
Past due       61
Consumer | Home equity | 90 days or more past due        
Financing Receivable, Modifications        
Past due       57
Consumer | Home equity | Performing        
Financing Receivable, Modifications        
2020   11    
2019   27    
2018   35    
2017   5    
2016   3    
Prior   169    
Revolving Loans Amortized Cost Basis   5,108    
Revolving Loans Converted to Term Loans Amortized Cost Basis   8    
Total   5,366    
Total loans and leases       5,989
Consumer | Home equity | Performing | Current        
Financing Receivable, Modifications        
2020   11    
2019   27    
2018   35    
2017   5    
2016   3    
Prior   164    
Revolving Loans Amortized Cost Basis   5,086    
Revolving Loans Converted to Term Loans Amortized Cost Basis   8    
Total   5,339    
Consumer | Home equity | Performing | 30-89 days past due        
Financing Receivable, Modifications        
2020   0    
2019   0    
2018   0    
2017   0    
2016   0    
Prior   3    
Revolving Loans Amortized Cost Basis   22    
Revolving Loans Converted to Term Loans Amortized Cost Basis   0    
Total   25    
Consumer | Home equity | Performing | 90 days or more past due        
Financing Receivable, Modifications        
2020   0    
2019   0    
2018   0    
2017   0    
2016   0    
Prior   2    
Revolving Loans Amortized Cost Basis   0    
Revolving Loans Converted to Term Loans Amortized Cost Basis   0    
Total   2    
Consumer | Home equity | Nonperforming        
Financing Receivable, Modifications        
2020   0    
2019   0    
2018   1    
2017   0    
2016   0    
Prior   12    
Revolving Loans Amortized Cost Basis   75    
Revolving Loans Converted to Term Loans Amortized Cost Basis   1    
Total   89    
Total loans and leases       94
Consumer | Indirect secured consumer loans        
Financing Receivable, Modifications        
2020   4,942    
2019   4,230    
2018   1,948    
2017   1,032    
2016   474    
Prior   299    
Revolving Loans Amortized Cost Basis   0    
Revolving Loans Converted to Term Loans Amortized Cost Basis   0    
Total   12,925    
Total loans and leases       11,538
Past due       149
Consumer | Indirect secured consumer loans | 30-89 days past due        
Financing Receivable, Modifications        
Past due       132
Consumer | Indirect secured consumer loans | 90 days or more past due        
Financing Receivable, Modifications        
Past due       17
Consumer | Indirect secured consumer loans | Performing        
Financing Receivable, Modifications        
2020   4,942    
2019   4,226    
2018   1,944    
2017   1,029    
2016   472    
Prior   296    
Revolving Loans Amortized Cost Basis   0    
Revolving Loans Converted to Term Loans Amortized Cost Basis   0    
Total   12,909    
Total loans and leases       11,531
Consumer | Indirect secured consumer loans | Performing | Current        
Financing Receivable, Modifications        
2020   4,928    
2019   4,186    
2018   1,909    
2017   1,008    
2016   462    
Prior   290    
Revolving Loans Amortized Cost Basis   0    
Revolving Loans Converted to Term Loans Amortized Cost Basis   0    
Total   12,783    
Consumer | Indirect secured consumer loans | Performing | 30-89 days past due        
Financing Receivable, Modifications        
2020   13    
2019   38    
2018   32    
2017   19    
2016   9    
Prior   5    
Revolving Loans Amortized Cost Basis   0    
Revolving Loans Converted to Term Loans Amortized Cost Basis   0    
Total   116    
Consumer | Indirect secured consumer loans | Performing | 90 days or more past due        
Financing Receivable, Modifications        
2020   1    
2019   2    
2018   3    
2017   2    
2016   1    
Prior   1    
Revolving Loans Amortized Cost Basis   0    
Revolving Loans Converted to Term Loans Amortized Cost Basis   0    
Total   10    
Consumer | Indirect secured consumer loans | Nonperforming        
Financing Receivable, Modifications        
2020   0    
2019   4    
2018   4    
2017   3    
2016   2    
Prior   3    
Revolving Loans Amortized Cost Basis   0    
Revolving Loans Converted to Term Loans Amortized Cost Basis   0    
Total   16    
Total loans and leases       7
Consumer | Credit card        
Financing Receivable, Modifications        
2020   0    
2019   0    
2018   0    
2017   0    
2016   0    
Prior   0    
Revolving Loans Amortized Cost Basis   2,087    
Revolving Loans Converted to Term Loans Amortized Cost Basis   0    
Total   2,087    
Total loans and leases       2,532
Past due       98
Consumer | Credit card | 30-89 days past due        
Financing Receivable, Modifications        
Past due       50
Consumer | Credit card | 90 days or more past due        
Financing Receivable, Modifications        
Past due       48
Consumer | Credit card | Performing        
Financing Receivable, Modifications        
2020   0    
2019   0    
2018   0    
2017   0    
2016   0    
Prior   0    
Revolving Loans Amortized Cost Basis   2,061    
Revolving Loans Converted to Term Loans Amortized Cost Basis   0    
Total   2,061    
Total loans and leases       2,505
Consumer | Credit card | Performing | Current        
Financing Receivable, Modifications        
2020   0    
2019   0    
2018   0    
2017   0    
2016   0    
Prior   0    
Revolving Loans Amortized Cost Basis   2,005    
Revolving Loans Converted to Term Loans Amortized Cost Basis   0    
Total   2,005    
Consumer | Credit card | Performing | 30-89 days past due        
Financing Receivable, Modifications        
2020   0    
2019   0    
2018   0    
2017   0    
2016   0    
Prior   0    
Revolving Loans Amortized Cost Basis   29    
Revolving Loans Converted to Term Loans Amortized Cost Basis   0    
Total   29    
Consumer | Credit card | Performing | 90 days or more past due        
Financing Receivable, Modifications        
2020   0    
2019   0    
2018   0    
2017   0    
2016   0    
Prior   0    
Revolving Loans Amortized Cost Basis   27    
Revolving Loans Converted to Term Loans Amortized Cost Basis   0    
Total   27    
Consumer | Credit card | Nonperforming        
Financing Receivable, Modifications        
2020   0    
2019   0    
2018   0    
2017   0    
2016   0    
Prior   0    
Revolving Loans Amortized Cost Basis   26    
Revolving Loans Converted to Term Loans Amortized Cost Basis   0    
Total   26    
Total loans and leases       27
Consumer | Other consumer loans        
Financing Receivable, Modifications        
2020   607    
2019   652    
2018   506    
2017   208    
2016   37    
Prior   37    
Revolving Loans Amortized Cost Basis   808    
Revolving Loans Converted to Term Loans Amortized Cost Basis   1    
Total   2,856    
Total loans and leases       2,723
Past due       21
Consumer | Other consumer loans | 30-89 days past due        
Financing Receivable, Modifications        
Past due       18
Consumer | Other consumer loans | 90 days or more past due        
Financing Receivable, Modifications        
Past due       3
Consumer | Other consumer loans | Performing        
Financing Receivable, Modifications        
2020   607    
2019   652    
2018   506    
2017   208    
2016   37    
Prior   36    
Revolving Loans Amortized Cost Basis   806    
Revolving Loans Converted to Term Loans Amortized Cost Basis   1    
Total   2,853    
Total loans and leases       2,721
Consumer | Other consumer loans | Performing | Current        
Financing Receivable, Modifications        
2020   605    
2019   645    
2018   502    
2017   205    
2016   37    
Prior   36    
Revolving Loans Amortized Cost Basis   803    
Revolving Loans Converted to Term Loans Amortized Cost Basis   1    
Total   2,834    
Consumer | Other consumer loans | Performing | 30-89 days past due        
Financing Receivable, Modifications        
2020   2    
2019   6    
2018   4    
2017   3    
2016   0    
Prior   0    
Revolving Loans Amortized Cost Basis   3    
Revolving Loans Converted to Term Loans Amortized Cost Basis   0    
Total   18    
Consumer | Other consumer loans | Performing | 90 days or more past due        
Financing Receivable, Modifications        
2020   0    
2019   1    
2018   0    
2017   0    
2016   0    
Prior   0    
Revolving Loans Amortized Cost Basis   0    
Revolving Loans Converted to Term Loans Amortized Cost Basis   0    
Total   1    
Consumer | Other consumer loans | Nonperforming        
Financing Receivable, Modifications        
2020   0    
2019   0    
2018   0    
2017   0    
2016   0    
Prior   1    
Revolving Loans Amortized Cost Basis   2    
Revolving Loans Converted to Term Loans Amortized Cost Basis   0    
Total   3    
Total loans and leases       2
Residential Mortgage and Consumer        
Financing Receivable, Modifications        
2020   8,405    
2019   7,263    
2018   3,471    
2017   3,135    
2016   3,114    
Prior   5,831    
Revolving Loans Amortized Cost Basis   8,078    
Revolving Loans Converted to Term Loans Amortized Cost Basis   10    
Total   $ 39,307    
Total loans and leases       39,417
Past due       555
Residential Mortgage and Consumer | 30-89 days past due        
Financing Receivable, Modifications        
Past due       288
Residential Mortgage and Consumer | 90 days or more past due        
Financing Receivable, Modifications        
Past due       $ 267
[1] Includes $174 and $183 of residential mortgage loans measured at fair value at September 30, 2020 and December 31, 2019, respectively.
[2] Includes $61 and $74 of other short-term investments, $887 and $1,354 of portfolio loans and leases, $(9) and $(7) of ALLL, $5 and $8 of other assets, $2 and $2 of other liabilities, and $786 and $1,253 of long-term debt from consolidated VIEs that are included in their respective captions above at September 30, 2020 and December 31, 2019, respectively. For further information refer to Note 13.