Intangible Assets (Tables)

9 Months Ended

Sep. 30, 2021

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, 2021
Core deposit intangibles	$	229	(144)	85
Developed technology	62		(1)	61
Customer relationships	25		(7)	18
Operating leases	13		(10)	3
Other	4		(2)	2
Total intangible assets	$	333	(164)	169
As of December 31, 2020
Core deposit intangibles	$	229	(116)	113
Customer relationships	24		(5)	19
Operating leases	17		(12)	5
Other	3		(1)	2
Total intangible assets	$	273	(134)	139

Estimated Amortization Expense

Estimated amortization expense for the remainder of 2021 through 2025 is as follows:

($ in millions)	Total
Remainder of 2021	$	12
2022	41
2023	32
2024	24
2025	17