XML 133 R98.htm IDEA: XBRL DOCUMENT v3.20.4
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
 12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Financing Receivable, Modifications    
Total [1],[2] $ 108,782 $ 109,558
Total loans and leases 106,329 108,356
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    
Portfolio loans and leases at fair value 161 183
Residential Mortgage Loans    
Financing Receivable, Modifications    
Portfolio loans and leases at fair value 161 183
Residential Mortgage Loans | Federal Housing Administration Loan    
Financing Receivable, Modifications    
Losses due to claim denials and curtailments 3 4
Residential Mortgage Loans | 30-89 days past due | Federal Housing Administration Loan    
Financing Receivable, Modifications    
Past due 103 94
Residential Mortgage Loans | 90 days or more past due | Federal Housing Administration Loan    
Financing Receivable, Modifications    
Past due 242 261
Residential Mortgage Loans | Residential mortgage loans    
Financing Receivable, Modifications    
2020 4,008  
2019 2,135  
2018 834  
2017 1,647  
2016 2,312  
Prior 4,831  
Revolving Loans Amortized Cost Basis 0  
Revolving Loans Converted to Term Loans Amortized Cost Basis 0  
Total 15,767  
Total loans and leases   16,541
Past due   169
Residential Mortgage Loans | Residential mortgage loans | 30-89 days past due    
Financing Receivable, Modifications    
Past due   27
Residential Mortgage Loans | Residential mortgage loans | 90 days or more past due    
Financing Receivable, Modifications    
Past due   142
Residential Mortgage Loans | Residential mortgage loans | Performing    
Financing Receivable, Modifications    
2020 4,007  
2019 2,135  
2018 832  
2017 1,645  
2016 2,309  
Prior 4,779  
Revolving Loans Amortized Cost Basis 0  
Revolving Loans Converted to Term Loans Amortized Cost Basis 0  
Total 15,707  
Total loans and leases   16,450
Residential Mortgage Loans | Residential mortgage loans | Performing | Current    
Financing Receivable, Modifications    
2020 4,006  
2019 2,128  
2018 827  
2017 1,635  
2016 2,301  
Prior 4,719  
Revolving Loans Amortized Cost Basis 0  
Revolving Loans Converted to Term Loans Amortized Cost Basis 0  
Total 15,616  
Residential Mortgage Loans | Residential mortgage loans | Performing | 30-89 days past due    
Financing Receivable, Modifications    
2020 1  
2019 1  
2018 3  
2017 3  
2016 1  
Prior 12  
Revolving Loans Amortized Cost Basis 0  
Revolving Loans Converted to Term Loans Amortized Cost Basis 0  
Total 21  
Residential Mortgage Loans | Residential mortgage loans | Performing | 90 days or more past due    
Financing Receivable, Modifications    
2020 0  
2019 6  
2018 2  
2017 7  
2016 7  
Prior 48  
Revolving Loans Amortized Cost Basis 0  
Revolving Loans Converted to Term Loans Amortized Cost Basis 0  
Total 70  
Residential Mortgage Loans | Residential mortgage loans | Nonperforming    
Financing Receivable, Modifications    
2020 1  
2019 0  
2018 2  
2017 2  
2016 3  
Prior 52  
Revolving Loans Amortized Cost Basis 0  
Revolving Loans Converted to Term Loans Amortized Cost Basis 0  
Total 60  
Total loans and leases   91
Consumer    
Financing Receivable, Modifications    
Total 39,785 39,600
Consumer | Home equity    
Financing Receivable, Modifications    
2020 11  
2019 24  
2018 30  
2017 4  
2016 2  
Prior 168  
Revolving Loans Amortized Cost Basis 4,933  
Revolving Loans Converted to Term Loans Amortized Cost Basis 11  
Total 5,183  
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 24  
2018 30  
2017 4  
2016 2  
Prior 158  
Revolving Loans Amortized Cost Basis 4,858  
Revolving Loans Converted to Term Loans Amortized Cost Basis 10  
Total 5,097  
Total loans and leases   5,989
Consumer | Home equity | Performing | Current    
Financing Receivable, Modifications    
2020 11  
2019 24  
2018 30  
2017 4  
2016 2  
Prior 153  
Revolving Loans Amortized Cost Basis 4,825  
Revolving Loans Converted to Term Loans Amortized Cost Basis 10  
Total 5,059  
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 33  
Revolving Loans Converted to Term Loans Amortized Cost Basis 0  
Total 36  
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 0  
2017 0  
2016 0  
Prior 10  
Revolving Loans Amortized Cost Basis 75  
Revolving Loans Converted to Term Loans Amortized Cost Basis 1  
Total 86  
Total loans and leases   94
Consumer | Indirect secured consumer loans    
Financing Receivable, Modifications    
2020 6,653  
2019 3,800  
2018 1,716  
2017 882  
2016 382  
Prior 220  
Revolving Loans Amortized Cost Basis 0  
Revolving Loans Converted to Term Loans Amortized Cost Basis 0  
Total 13,653  
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 6,652  
2019 3,795  
2018 1,712  
2017 879  
2016 380  
Prior 219  
Revolving Loans Amortized Cost Basis 0  
Revolving Loans Converted to Term Loans Amortized Cost Basis 0  
Total 13,637  
Total loans and leases   11,531
Consumer | Indirect secured consumer loans | Performing | Current    
Financing Receivable, Modifications    
2020 6,626  
2019 3,752  
2018 1,678  
2017 860  
2016 372  
Prior 214  
Revolving Loans Amortized Cost Basis 0  
Revolving Loans Converted to Term Loans Amortized Cost Basis 0  
Total 13,502  
Consumer | Indirect secured consumer loans | Performing | 30-89 days past due    
Financing Receivable, Modifications    
2020 25  
2019 41  
2018 31  
2017 17  
2016 7  
Prior 4  
Revolving Loans Amortized Cost Basis 0  
Revolving Loans Converted to Term Loans Amortized Cost Basis 0  
Total 125  
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 1  
2019 5  
2018 4  
2017 3  
2016 2  
Prior 1  
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 2,007  
Revolving Loans Converted to Term Loans Amortized Cost Basis 0  
Total 2,007  
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 1,975  
Revolving Loans Converted to Term Loans Amortized Cost Basis 0  
Total 1,975  
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 1,914  
Revolving Loans Converted to Term Loans Amortized Cost Basis 0  
Total 1,914  
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 30  
Revolving Loans Converted to Term Loans Amortized Cost Basis 0  
Total 30  
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 31  
Revolving Loans Converted to Term Loans Amortized Cost Basis 0  
Total 31  
Consumer | Credit card | Nonperforming    
Financing Receivable, Modifications    
2020 0  
2019 0  
2018 0  
2017 0  
2016 0  
Prior 0  
Revolving Loans Amortized Cost Basis 32  
Revolving Loans Converted to Term Loans Amortized Cost Basis 0  
Total 32  
Total loans and leases   27
Consumer | Other consumer loans    
Financing Receivable, Modifications    
2020 885  
2019 553  
2018 441  
2017 180  
2016 32  
Prior 41  
Revolving Loans Amortized Cost Basis 881  
Revolving Loans Converted to Term Loans Amortized Cost Basis 1  
Total 3,014  
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 885  
2019 553  
2018 441  
2017 180  
2016 32  
Prior 40  
Revolving Loans Amortized Cost Basis 880  
Revolving Loans Converted to Term Loans Amortized Cost Basis 1  
Total 3,012  
Total loans and leases   2,721
Consumer | Other consumer loans | Performing | Current    
Financing Receivable, Modifications    
2020 883  
2019 546  
2018 437  
2017 178  
2016 32  
Prior 40  
Revolving Loans Amortized Cost Basis 878  
Revolving Loans Converted to Term Loans Amortized Cost Basis 1  
Total 2,995  
Consumer | Other consumer loans | Performing | 30-89 days past due    
Financing Receivable, Modifications    
2020 2  
2019 5  
2018 4  
2017 2  
2016 0  
Prior 0  
Revolving Loans Amortized Cost Basis 2  
Revolving Loans Converted to Term Loans Amortized Cost Basis 0  
Total 15  
Consumer | Other consumer loans | Performing | 90 days or more past due    
Financing Receivable, Modifications    
2020 0  
2019 2  
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 2  
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 1  
Revolving Loans Converted to Term Loans Amortized Cost Basis 0  
Total 2  
Total loans and leases   2
Residential Mortgage and Consumer    
Financing Receivable, Modifications    
2020 11,557  
2019 6,512  
2018 3,021  
2017 2,713  
2016 2,728  
Prior 5,260  
Revolving Loans Amortized Cost Basis 7,821  
Revolving Loans Converted to Term Loans Amortized Cost Basis 12  
Total 39,624  
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
Residential Mortgage and Consumer | Performing    
Financing Receivable, Modifications    
2020 11,555  
2019 6,507  
2018 3,015  
2017 2,708  
2016 2,723  
Prior 5,196  
Revolving Loans Amortized Cost Basis 7,713  
Revolving Loans Converted to Term Loans Amortized Cost Basis 11  
Total 39,428  
Residential Mortgage and Consumer | Performing | Current    
Financing Receivable, Modifications    
2020 11,526  
2019 6,450  
2018 2,972  
2017 2,677  
2016 2,707  
Prior 5,126  
Revolving Loans Amortized Cost Basis 7,617  
Revolving Loans Converted to Term Loans Amortized Cost Basis 11  
Total 39,086  
Residential Mortgage and Consumer | Performing | 30-89 days past due    
Financing Receivable, Modifications    
2020 28  
2019 47  
2018 38  
2017 22  
2016 8  
Prior 19  
Revolving Loans Amortized Cost Basis 65  
Revolving Loans Converted to Term Loans Amortized Cost Basis 0  
Total 227  
Residential Mortgage and Consumer | Performing | 90 days or more past due    
Financing Receivable, Modifications    
2020 1  
2019 10  
2018 5  
2017 9  
2016 8  
Prior 51  
Revolving Loans Amortized Cost Basis 31  
Revolving Loans Converted to Term Loans Amortized Cost Basis 0  
Total 115  
Residential Mortgage and Consumer | Nonperforming    
Financing Receivable, Modifications    
2020 2  
2019 5  
2018 6  
2017 5  
2016 5  
Prior 64  
Revolving Loans Amortized Cost Basis 108  
Revolving Loans Converted to Term Loans Amortized Cost Basis 1  
Total $ 196  
[1] Includes $161 and $183 of residential mortgage loans measured at fair value at December 31, 2020 and 2019, respectively.
[2] 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.