XML 83 R67.htm IDEA: XBRL DOCUMENT v3.21.2
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 6 Months Ended
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Dec. 31, 2020
Financing Receivable, Modifications        
Total [1],[2]   $ 107,733   $ 108,782
Residential Mortgage        
Financing Receivable, Modifications        
Residential mortgage loans $ 185 151 $ 185 161
Residential Mortgage | Federal Housing Administration Loan        
Financing Receivable, Modifications        
Losses due to claim denials and curtailments $ 1 1 $ 2  
Residential Mortgage | 30-89 days past due | Federal Housing Administration Loan        
Financing Receivable, Modifications        
Total   65   103
Residential Mortgage | 90 days or more past due | Federal Housing Administration Loan        
Financing Receivable, Modifications        
Total   163   242
Residential Mortgage | Residential mortgage loans        
Financing Receivable, Modifications        
Year One   3,081   4,008
Year Two   3,845   2,135
Year Three   1,701   834
Year Four   577   1,647
Year Five   1,236   2,312
Prior   5,540   4,831
Revolving Loans   0   0
Revolving Loans Converted to Term Loans   0   0
Total   15,980   15,767
Residential Mortgage | Residential mortgage loans | Performing        
Financing Receivable, Modifications        
Year One   3,081   4,007
Year Two   3,845   2,135
Year Three   1,701   832
Year Four   576   1,645
Year Five   1,233   2,309
Prior   5,495   4,779
Revolving Loans   0   0
Revolving Loans Converted to Term Loans   0   0
Total   15,931   15,707
Residential Mortgage | Residential mortgage loans | Performing | Current        
Financing Receivable, Modifications        
Year One   3,080   4,006
Year Two   3,840   2,128
Year Three   1,696   827
Year Four   574   1,635
Year Five   1,226   2,301
Prior   5,439   4,719
Revolving Loans   0   0
Revolving Loans Converted to Term Loans   0   0
Total   15,855   15,616
Residential Mortgage | Residential mortgage loans | Performing | 30-89 days past due        
Financing Receivable, Modifications        
Year One   1   1
Year Two   2   1
Year Three   1   3
Year Four   0   3
Year Five   2   1
Prior   13   12
Revolving Loans   0   0
Revolving Loans Converted to Term Loans   0   0
Total   19   21
Residential Mortgage | Residential mortgage loans | Performing | 90 days or more past due        
Financing Receivable, Modifications        
Year One   0   0
Year Two   3   6
Year Three   4   2
Year Four   2   7
Year Five   5   7
Prior   43   48
Revolving Loans   0   0
Revolving Loans Converted to Term Loans   0   0
Total   57   70
Residential Mortgage | Residential mortgage loans | Nonperforming        
Financing Receivable, Modifications        
Year One   0   1
Year Two   0   0
Year Three   0   2
Year Four   1   2
Year Five   3   3
Prior   45   52
Revolving Loans   0   0
Revolving Loans Converted to Term Loans   0   0
Total   49   60
Consumer        
Financing Receivable, Modifications        
Total   40,713   39,785
Consumer | Home equity        
Financing Receivable, Modifications        
Year One   1   11
Year Two   9   24
Year Three   18   30
Year Four   23   4
Year Five   3   2
Prior   148   168
Revolving Loans   4,334   4,933
Revolving Loans Converted to Term Loans   9   11
Total   4,545   5,183
Consumer | Home equity | Performing        
Financing Receivable, Modifications        
Year One   1   11
Year Two   9   24
Year Three   18   30
Year Four   23   4
Year Five   3   2
Prior   138   158
Revolving Loans   4,260   4,858
Revolving Loans Converted to Term Loans   8   10
Total   4,460   5,097
Consumer | Home equity | Performing | Current        
Financing Receivable, Modifications        
Year One   1   11
Year Two   9   24
Year Three   18   30
Year Four   23   4
Year Five   3   2
Prior   134   153
Revolving Loans   4,243   4,825
Revolving Loans Converted to Term Loans   8   10
Total   4,439   5,059
Consumer | Home equity | Performing | 30-89 days past due        
Financing Receivable, Modifications        
Year One   0   0
Year Two   0   0
Year Three   0   0
Year Four   0   0
Year Five   0   0
Prior   3   3
Revolving Loans   17   33
Revolving Loans Converted to Term Loans   0   0
Total   20   36
Consumer | Home equity | Performing | 90 days or more past due        
Financing Receivable, Modifications        
Year One   0   0
Year Two   0   0
Year Three   0   0
Year Four   0   0
Year Five   0   0
Prior   1   2
Revolving Loans   0   0
Revolving Loans Converted to Term Loans   0   0
Total   1   2
Consumer | Home equity | Nonperforming        
Financing Receivable, Modifications        
Year One   0   0
Year Two   0   0
Year Three   0   0
Year Four   0   0
Year Five   0   0
Prior   10   10
Revolving Loans   74   75
Revolving Loans Converted to Term Loans   1   1
Total   85   86
Consumer | Indirect secured consumer loans        
Financing Receivable, Modifications        
Year One   4,696   6,653
Year Two   5,315   3,800
Year Three   2,957   1,716
Year Four   1,275   882
Year Five   605   382
Prior   344   220
Revolving Loans   0   0
Revolving Loans Converted to Term Loans   0   0
Total   15,192   13,653
Consumer | Indirect secured consumer loans | Performing        
Financing Receivable, Modifications        
Year One   4,696   6,652
Year Two   5,286   3,795
Year Three   2,951   1,712
Year Four   1,268   879
Year Five   601   380
Prior   341   219
Revolving Loans   0   0
Revolving Loans Converted to Term Loans   0   0
Total   15,143   13,637
Consumer | Indirect secured consumer loans | Performing | Current        
Financing Receivable, Modifications        
Year One   4,691   6,626
Year Two   5,268   3,752
Year Three   2,930   1,678
Year Four   1,252   860
Year Five   593   372
Prior   337   214
Revolving Loans   0   0
Revolving Loans Converted to Term Loans   0   0
Total   15,071   13,502
Consumer | Indirect secured consumer loans | Performing | 30-89 days past due        
Financing Receivable, Modifications        
Year One   5   25
Year Two   17   41
Year Three   20   31
Year Four   15   17
Year Five   7   7
Prior   4   4
Revolving Loans   0   0
Revolving Loans Converted to Term Loans   0   0
Total   68   125
Consumer | Indirect secured consumer loans | Performing | 90 days or more past due        
Financing Receivable, Modifications        
Year One   0   1
Year Two   1   2
Year Three   1   3
Year Four   1   2
Year Five   1   1
Prior   0   1
Revolving Loans   0   0
Revolving Loans Converted to Term Loans   0   0
Total   4   10
Consumer | Indirect secured consumer loans | Nonperforming        
Financing Receivable, Modifications        
Year One   0   1
Year Two   29   5
Year Three   6   4
Year Four   7   3
Year Five   4   2
Prior   3   1
Revolving Loans   0   0
Revolving Loans Converted to Term Loans   0   0
Total   49   16
Consumer | Credit card        
Financing Receivable, Modifications        
Year One   0   0
Year Two   0   0
Year Three   0   0
Year Four   0   0
Year Five   0   0
Prior   0   0
Revolving Loans   1,793   2,007
Revolving Loans Converted to Term Loans   0   0
Total   1,793   2,007
Consumer | Credit card | Performing        
Financing Receivable, Modifications        
Year One   0   0
Year Two   0   0
Year Three   0   0
Year Four   0   0
Year Five   0   0
Prior   0   0
Revolving Loans   1,766   1,975
Revolving Loans Converted to Term Loans   0   0
Total   1,766   1,975
Consumer | Credit card | Performing | Current        
Financing Receivable, Modifications        
Year One   0   0
Year Two   0   0
Year Three   0   0
Year Four   0   0
Year Five   0   0
Prior   0   0
Revolving Loans   1,737   1,914
Revolving Loans Converted to Term Loans   0   0
Total   1,737   1,914
Consumer | Credit card | Performing | 30-89 days past due        
Financing Receivable, Modifications        
Year One   0   0
Year Two   0   0
Year Three   0   0
Year Four   0   0
Year Five   0   0
Prior   0   0
Revolving Loans   15   30
Revolving Loans Converted to Term Loans   0   0
Total   15   30
Consumer | Credit card | Performing | 90 days or more past due        
Financing Receivable, Modifications        
Year One   0   0
Year Two   0   0
Year Three   0   0
Year Four   0   0
Year Five   0   0
Prior   0   0
Revolving Loans   14   31
Revolving Loans Converted to Term Loans   0   0
Total   14   31
Consumer | Credit card | Nonperforming        
Financing Receivable, Modifications        
Year One   0   0
Year Two   0   0
Year Three   0   0
Year Four   0   0
Year Five   0   0
Prior   0   0
Revolving Loans   27   32
Revolving Loans Converted to Term Loans   0   0
Total   27   32
Consumer | Other consumer loans        
Financing Receivable, Modifications        
Year One   452   885
Year Two   705   553
Year Three   386   441
Year Four   373   180
Year Five   139   32
Prior   57   41
Revolving Loans   939   881
Revolving Loans Converted to Term Loans   1   1
Total   3,052   3,014
Consumer | Other consumer loans | Performing        
Financing Receivable, Modifications        
Year One   452   885
Year Two   704   553
Year Three   386   441
Year Four   373   180
Year Five   139   32
Prior   57   40
Revolving Loans   938   880
Revolving Loans Converted to Term Loans   1   1
Total   3,050   3,012
Consumer | Other consumer loans | Performing | Current        
Financing Receivable, Modifications        
Year One   451   883
Year Two   702   546
Year Three   382   437
Year Four   371   178
Year Five   138   32
Prior   57   40
Revolving Loans   936   878
Revolving Loans Converted to Term Loans   1   1
Total   3,038   2,995
Consumer | Other consumer loans | Performing | 30-89 days past due        
Financing Receivable, Modifications        
Year One   1   2
Year Two   2   5
Year Three   3   4
Year Four   2   2
Year Five   1   0
Prior   0   0
Revolving Loans   2   2
Revolving Loans Converted to Term Loans   0   0
Total   11   15
Consumer | Other consumer loans | Performing | 90 days or more past due        
Financing Receivable, Modifications        
Year One   0   0
Year Two   0   2
Year Three   1   0
Year Four   0   0
Year Five   0   0
Prior   0   0
Revolving Loans   0   0
Revolving Loans Converted to Term Loans   0   0
Total   1   2
Consumer | Other consumer loans | Nonperforming        
Financing Receivable, Modifications        
Year One   0   0
Year Two   1   0
Year Three   0   0
Year Four   0   0
Year Five   0   0
Prior   0   1
Revolving Loans   1   1
Revolving Loans Converted to Term Loans   0   0
Total   2   2
Residential Mortgage and Consumer        
Financing Receivable, Modifications        
Year One   8,230   11,557
Year Two   9,874   6,512
Year Three   5,062   3,021
Year Four   2,248   2,713
Year Five   1,983   2,728
Prior   6,089   5,260
Revolving Loans   7,066   7,821
Revolving Loans Converted to Term Loans   10   12
Total   40,562   39,624
Residential Mortgage and Consumer | Performing        
Financing Receivable, Modifications        
Year One   8,230   11,555
Year Two   9,844   6,507
Year Three   5,056   3,015
Year Four   2,240   2,708
Year Five   1,976   2,723
Prior   6,031   5,196
Revolving Loans   6,964   7,713
Revolving Loans Converted to Term Loans   9   11
Total   40,350   39,428
Residential Mortgage and Consumer | Performing | Current        
Financing Receivable, Modifications        
Year One   8,223   11,526
Year Two   9,819   6,450
Year Three   5,026   2,972
Year Four   2,220   2,677
Year Five   1,960   2,707
Prior   5,967   5,126
Revolving Loans   6,916   7,617
Revolving Loans Converted to Term Loans   9   11
Total   40,140   39,086
Residential Mortgage and Consumer | Performing | 30-89 days past due        
Financing Receivable, Modifications        
Year One   7   28
Year Two   21   47
Year Three   24   38
Year Four   17   22
Year Five   10   8
Prior   20   19
Revolving Loans   34   65
Revolving Loans Converted to Term Loans   0   0
Total   133   227
Residential Mortgage and Consumer | Performing | 90 days or more past due        
Financing Receivable, Modifications        
Year One   0   1
Year Two   4   10
Year Three   6   5
Year Four   3   9
Year Five   6   8
Prior   44   51
Revolving Loans   14   31
Revolving Loans Converted to Term Loans   0   0
Total   77   115
Residential Mortgage and Consumer | Nonperforming        
Financing Receivable, Modifications        
Year One   0   2
Year Two   30   5
Year Three   6   6
Year Four   8   5
Year Five   7   5
Prior   58   64
Revolving Loans   102   108
Revolving Loans Converted to Term Loans   1   1
Total   $ 212   $ 196
[1] Includes $151 and $161 of residential mortgage loans measured at fair value at June 30, 2021 and December 31, 2020, respectively.
[2] Includes $33 and $55 of other short-term investments, $455 and $756 of portfolio loans and leases, $(3) and $(7) of ALLL, $3 and $5 of other assets, $1 and $2 of other liabilities, and $400 and $656 of long-term debt from consolidated VIEs that are included in their respective captions above at June 30, 2021 and December 31, 2020, respectively. For further information, refer to Note 11.