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Long-Term Debt - Summary of the Bancorp's Long-Term Borrowings (Details) - USD ($)
$ in Millions
Dec. 31, 2020
May 05, 2020
Jan. 31, 2020
Dec. 31, 2019
Oct. 28, 2019
Mar. 22, 2019
Jul. 26, 2018
Mar. 14, 2018
Jun. 15, 2017
Jun. 14, 2016
Mar. 15, 2016
Sep. 05, 2014
Nov. 20, 2013
Mar. 07, 2012
Debt Instrument                            
Long-term debt [1] $ 14,973     $ 14,970                    
Amount Qualifying as Tier Two Capital for Regulatory Capital Purposes                            
Debt Instrument                            
Long-term debt 2,800     2,700                    
Parent Company                            
Debt Instrument                            
Long-term debt $ 7,761     7,513                    
Parent Company | Senior Notes | Fixed Rate 2.875% Due 2020                            
Debt Instrument                            
Interest rate 2.875%                          
Long-term debt $ 0     1,099                    
Parent Company | Senior Notes | Floating Rate 0.70 Percent Notes Due 2021                            
Debt Instrument                            
Interest rate 0.70%                          
Long-term debt $ 250     250                    
Parent Company | Senior Notes | Fixed Rate 2.60% Notes Due 2022                            
Debt Instrument                            
Interest rate 2.60%               2.60%          
Long-term debt $ 699     699                    
Parent Company | Senior Notes | Fixed Rate 3.50% Due 2022                            
Debt Instrument                            
Interest rate 3.50%                         3.50%
Long-term debt $ 499     499                    
Parent Company | Senior Notes | Fixed Rate 1.625% Notes Due 2023                            
Debt Instrument                            
Interest rate 1.625% 1.625%                        
Long-term debt $ 498     0                    
Parent Company | Senior Notes | Fixed Rate 3.65% Notes Due 2024                            
Debt Instrument                            
Interest rate 3.65%                          
Long-term debt $ 1,494     1,493                    
Parent Company | Senior Notes | Fixed Rate 2.375% Notes Due 2025                            
Debt Instrument                            
Interest rate 2.375%       2.375%                  
Long-term debt $ 747     746                    
Parent Company | Senior Notes | Fixed Rate 2.55% Notes Due 2027                            
Debt Instrument                            
Interest rate 2.55% 2.55%                        
Long-term debt $ 746     0                    
Parent Company | Senior Notes | Fixed Rate 3.95% Notes Due 2028                            
Debt Instrument                            
Interest rate 3.95%             3.95%            
Long-term debt $ 647     646                    
Parent Company | Subordinated Debt | Fixed Rate 4.30% Notes Due 2024                            
Debt Instrument                            
Interest rate 4.30%                       4.30%  
Long-term debt $ 748     748                    
Parent Company | Subordinated Debt | Fixed Rate 8.25% Notes Due 2038                            
Debt Instrument                            
Interest rate 8.25%                          
Long-term debt $ 1,433     1,333                    
Subsidiaries                            
Debt Instrument                            
Long-term debt 7,212                          
Subsidiaries | FHLB Advances Due 2021 to 2047                            
Debt Instrument                            
Long-term debt $ 67     91                    
Subsidiaries | FHLB Advances Due 2021 to 2047 | Lower limit                            
Debt Instrument                            
Interest rate 0.05%                          
Subsidiaries | FHLB Advances Due 2021 to 2047 | Upper Limit                            
Debt Instrument                            
Interest rate 5.91%                          
Subsidiaries | Other Debt Due 2021 to 2041                            
Debt Instrument                            
Long-term debt $ 262     153                    
Subsidiaries | Variable Interest Entity, Primary Beneficiary | Fixed-Rate Notes Due 2022 to 2026 | Automobile Loans                            
Debt Instrument                            
Long-term debt $ 623     1,147                    
Subsidiaries | Variable Interest Entity, Primary Beneficiary | Fixed-Rate Notes Due 2022 to 2026 | Automobile Loans | Lower limit                            
Debt Instrument                            
Interest rate 1.80%                          
Subsidiaries | Variable Interest Entity, Primary Beneficiary | Fixed-Rate Notes Due 2022 to 2026 | Automobile Loans | Upper Limit                            
Debt Instrument                            
Interest rate 2.69%                          
Subsidiaries | Variable Interest Entity, Primary Beneficiary | Floating-Rate Notes Due 2022 | Automobile Loans                            
Debt Instrument                            
Interest rate 0.33%                          
Long-term debt $ 0     42                    
Subsidiaries | Senior Notes | Fixed Rate 2.20% Notes Due 2020                            
Debt Instrument                            
Interest rate 2.20%                          
Long-term debt $ 0     $ 752                    
Subsidiaries | Senior Notes | Floating Rate 2.186% Notes Due 2020                            
Debt Instrument                            
Interest rate       2.186%                    
Long-term debt $ 0     $ 300                    
Subsidiaries | Senior Notes | Fixed Rate 2.25% Notes Due 2021                            
Debt Instrument                            
Interest rate 2.25%                 2.25%        
Long-term debt $ 1,249     1,249                    
Subsidiaries | Senior Notes | Fixed rate 2.875% Notes due 2021                            
Debt Instrument                            
Interest rate 2.875%                     2.875%    
Long-term debt $ 849     848                    
Subsidiaries | Senior Notes | Fixed Rate 3.35% Notes Due 2021                            
Debt Instrument                            
Interest rate 3.35%           3.35%              
Long-term debt $ 506     508                    
Subsidiaries | Senior Notes | Floating Rate 0.655% Notes Due 2021                            
Debt Instrument                            
Interest rate 0.655%                          
Long-term debt $ 300     299                    
Subsidiaries | Senior Notes | Floating Rate 0.854% Notes Due 2022                            
Debt Instrument                            
Interest rate 0.854%                          
Long-term debt $ 300     299                    
Subsidiaries | Senior Notes | Fixed Rate 1.80% Senior Notes Due 2023                            
Debt Instrument                            
Interest rate 1.80%   1.80%                      
Long-term debt $ 648     0                    
Subsidiaries | Senior Notes | Fixed Rate 3.95% Notes Due 2025                            
Debt Instrument                            
Interest rate 3.95%           3.95%              
Long-term debt $ 836     797                    
Subsidiaries | Senior Notes | Fixed Rate 2.25% Notes Due 2027                            
Debt Instrument                            
Interest rate 2.25%   2.25%                      
Long-term debt $ 598     0                    
Subsidiaries | Senior Notes | Fixed Rate 4.00% Notes Due 2027                            
Debt Instrument                            
Interest rate           4.00%                
Subsidiaries | Subordinated Debt | Fixed Rate 3.85% Notes Due 2026                            
Debt Instrument                            
Interest rate 3.85%                   3.85%      
Long-term debt $ 748     748                    
Subsidiaries | Subordinated Debt | Fixed Rate 4.00% Notes Due 2027                            
Debt Instrument                            
Interest rate 4.00%                          
Long-term debt $ 172     171                    
Subsidiaries | Junior Subordinated Debt | Floating-Rate Debentures Due 2035                            
Debt Instrument                            
Long-term debt $ 54     $ 53                    
Subsidiaries | Junior Subordinated Debt | Floating-Rate Debentures Due 2035 | Lower limit                            
Debt Instrument                            
Interest rate 1.73%                          
Subsidiaries | Junior Subordinated Debt | Floating-Rate Debentures Due 2035 | Upper Limit                            
Debt Instrument                            
Interest rate 1.91%                          
[1] Includes $55 and $74 of other short-term investments, $756 and $1,354 of portfolio loans and leases, $(7) and $(7) of ALLL, $5 and $8 of other assets, $2 and $2 of other liabilities and $656 and $1,253 of long-term debt from consolidated VIEs that are included in their respective captions above at December 31, 2020 and 2019, respectively. For further information, refer to Note 13.