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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, 2021
Sep. 30, 2021
Sep. 30, 2020
Dec. 31, 2020
Financing Receivable, Modifications        
Total [1],[2] $ 107,911 $ 107,911   $ 108,782
Residential Mortgage        
Financing Receivable, Modifications        
Residential mortgage loans 156 156 $ 174 161
Residential Mortgage | Federal Housing Administration Loan        
Financing Receivable, Modifications        
Losses due to claim denials and curtailments 1 2 $ 2  
Residential Mortgage | 30-89 days past due | Federal Housing Administration Loan        
Financing Receivable, Modifications        
Total 59 59   103
Residential Mortgage | 90 days or more past due | Federal Housing Administration Loan        
Financing Receivable, Modifications        
Total 145 145   242
Residential Mortgage | Residential mortgage loans        
Financing Receivable, Modifications        
Year One 4,457 4,457   4,008
Year Two 3,590 3,590   2,135
Year Three 1,493 1,493   834
Year Four 491 491   1,647
Year Five 1,086 1,086   2,312
Prior 4,885 4,885   4,831
Revolving Loans 0 0   0
Revolving Loans Converted to Term Loans 0 0   0
Total 16,002 16,002   15,767
Residential Mortgage | Residential mortgage loans | Performing        
Financing Receivable, Modifications        
Year One 4,457 4,457   4,007
Year Two 3,590 3,590   2,135
Year Three 1,492 1,492   832
Year Four 491 491   1,645
Year Five 1,084 1,084   2,309
Prior 4,849 4,849   4,779
Revolving Loans 0 0   0
Revolving Loans Converted to Term Loans 0 0   0
Total 15,963 15,963   15,707
Residential Mortgage | Residential mortgage loans | Performing | Current        
Financing Receivable, Modifications        
Year One 4,454 4,454   4,006
Year Two 3,588 3,588   2,128
Year Three 1,488 1,488   827
Year Four 488 488   1,635
Year Five 1,075 1,075   2,301
Prior 4,790 4,790   4,719
Revolving Loans 0 0   0
Revolving Loans Converted to Term Loans 0 0   0
Total 15,883 15,883   15,616
Residential Mortgage | Residential mortgage loans | Performing | 30-89 days past due        
Financing Receivable, Modifications        
Year One 3 3   1
Year Two 1 1   1
Year Three 1 1   3
Year Four 0 0   3
Year Five 1 1   1
Prior 13 13   12
Revolving Loans 0 0   0
Revolving Loans Converted to Term Loans 0 0   0
Total 19 19   21
Residential Mortgage | Residential mortgage loans | Performing | 90 days or more past due        
Financing Receivable, Modifications        
Year One 0 0   0
Year Two 1 1   6
Year Three 3 3   2
Year Four 3 3   7
Year Five 8 8   7
Prior 46 46   48
Revolving Loans 0 0   0
Revolving Loans Converted to Term Loans 0 0   0
Total 61 61   70
Residential Mortgage | Residential mortgage loans | Nonperforming        
Financing Receivable, Modifications        
Year One 0 0   1
Year Two 0 0   0
Year Three 1 1   2
Year Four 0 0   2
Year Five 2 2   3
Prior 36 36   52
Revolving Loans 0 0   0
Revolving Loans Converted to Term Loans 0 0   0
Total 39 39   60
Consumer        
Financing Receivable, Modifications        
Total 41,191 41,191   39,785
Consumer | Home equity        
Financing Receivable, Modifications        
Year One 2 2   11
Year Two 7 7   24
Year Three 15 15   30
Year Four 20 20   4
Year Five 3 3   2
Prior 137 137   168
Revolving Loans 4,080 4,080   4,933
Revolving Loans Converted to Term Loans 12 12   11
Total 4,276 4,276   5,183
Consumer | Home equity | Performing        
Financing Receivable, Modifications        
Year One 2 2   11
Year Two 7 7   24
Year Three 15 15   30
Year Four 20 20   4
Year Five 3 3   2
Prior 127 127   158
Revolving Loans 4,013 4,013   4,858
Revolving Loans Converted to Term Loans 11 11   10
Total 4,198 4,198   5,097
Consumer | Home equity | Performing | Current        
Financing Receivable, Modifications        
Year One 2 2   11
Year Two 7 7   24
Year Three 15 15   30
Year Four 20 20   4
Year Five 3 3   2
Prior 124 124   153
Revolving Loans 3,992 3,992   4,825
Revolving Loans Converted to Term Loans 11 11   10
Total 4,174 4,174   5,059
Consumer | Home equity | Performing | 30-89 days past due        
Financing Receivable, Modifications        
Year One 0 0   0
Year Two 0 0   0
Year Three 0 0   0
Year Four 0 0   0
Year Five 0 0   0
Prior 2 2   3
Revolving Loans 21 21   33
Revolving Loans Converted to Term Loans 0 0   0
Total 23 23   36
Consumer | Home equity | Performing | 90 days or more past due        
Financing Receivable, Modifications        
Year One 0 0   0
Year Two 0 0   0
Year Three 0 0   0
Year Four 0 0   0
Year Five 0 0   0
Prior 1 1   2
Revolving Loans 0 0   0
Revolving Loans Converted to Term Loans 0 0   0
Total 1 1   2
Consumer | Home equity | Nonperforming        
Financing Receivable, Modifications        
Year One 0 0   0
Year Two 0 0   0
Year Three 0 0   0
Year Four 0 0   0
Year Five 0 0   0
Prior 10 10   10
Revolving Loans 67 67   75
Revolving Loans Converted to Term Loans 1 1   1
Total 78 78   86
Consumer | Indirect secured consumer loans        
Financing Receivable, Modifications        
Year One 6,831 6,831   6,653
Year Two 4,748 4,748   3,800
Year Three 2,582 2,582   1,716
Year Four 1,086 1,086   882
Year Five 495 495   382
Prior 262 262   220
Revolving Loans 0 0   0
Revolving Loans Converted to Term Loans 0 0   0
Total 16,004 16,004   13,653
Consumer | Indirect secured consumer loans | Performing        
Financing Receivable, Modifications        
Year One 6,831 6,831   6,652
Year Two 4,729 4,729   3,795
Year Three 2,576 2,576   1,712
Year Four 1,080 1,080   879
Year Five 492 492   380
Prior 260 260   219
Revolving Loans 0 0   0
Revolving Loans Converted to Term Loans 0 0   0
Total 15,968 15,968   13,637
Consumer | Indirect secured consumer loans | Performing | Current        
Financing Receivable, Modifications        
Year One 6,818 6,818   6,626
Year Two 4,707 4,707   3,752
Year Three 2,552 2,552   1,678
Year Four 1,062 1,062   860
Year Five 483 483   372
Prior 255 255   214
Revolving Loans 0 0   0
Revolving Loans Converted to Term Loans 0 0   0
Total 15,877 15,877   13,502
Consumer | Indirect secured consumer loans | Performing | 30-89 days past due        
Financing Receivable, Modifications        
Year One 12 12   25
Year Two 21 21   41
Year Three 22 22   31
Year Four 16 16   17
Year Five 8 8   7
Prior 4 4   4
Revolving Loans 0 0   0
Revolving Loans Converted to Term Loans 0 0   0
Total 83 83   125
Consumer | Indirect secured consumer loans | Performing | 90 days or more past due        
Financing Receivable, Modifications        
Year One 1 1   1
Year Two 1 1   2
Year Three 2 2   3
Year Four 2 2   2
Year Five 1 1   1
Prior 1 1   1
Revolving Loans 0 0   0
Revolving Loans Converted to Term Loans 0 0   0
Total 8 8   10
Consumer | Indirect secured consumer loans | Nonperforming        
Financing Receivable, Modifications        
Year One 0 0   1
Year Two 19 19   5
Year Three 6 6   4
Year Four 6 6   3
Year Five 3 3   2
Prior 2 2   1
Revolving Loans 0 0   0
Revolving Loans Converted to Term Loans 0 0   0
Total 36 36   16
Consumer | Credit card        
Financing Receivable, Modifications        
Year One 0 0   0
Year Two 0 0   0
Year Three 0 0   0
Year Four 0 0   0
Year Five 0 0   0
Prior 0 0   0
Revolving Loans 1,744 1,744   2,007
Revolving Loans Converted to Term Loans 0 0   0
Total 1,744 1,744   2,007
Consumer | Credit card | Performing        
Financing Receivable, Modifications        
Year One 0 0   0
Year Two 0 0   0
Year Three 0 0   0
Year Four 0 0   0
Year Five 0 0   0
Prior 0 0   0
Revolving Loans 1,720 1,720   1,975
Revolving Loans Converted to Term Loans 0 0   0
Total 1,720 1,720   1,975
Consumer | Credit card | Performing | Current        
Financing Receivable, Modifications        
Year One 0 0   0
Year Two 0 0   0
Year Three 0 0   0
Year Four 0 0   0
Year Five 0 0   0
Prior 0 0   0
Revolving Loans 1,689 1,689   1,914
Revolving Loans Converted to Term Loans 0 0   0
Total 1,689 1,689   1,914
Consumer | Credit card | Performing | 30-89 days past due        
Financing Receivable, Modifications        
Year One 0 0   0
Year Two 0 0   0
Year Three 0 0   0
Year Four 0 0   0
Year Five 0 0   0
Prior 0 0   0
Revolving Loans 17 17   30
Revolving Loans Converted to Term Loans 0 0   0
Total 17 17   30
Consumer | Credit card | Performing | 90 days or more past due        
Financing Receivable, Modifications        
Year One 0 0   0
Year Two 0 0   0
Year Three 0 0   0
Year Four 0 0   0
Year Five 0 0   0
Prior 0 0   0
Revolving Loans 14 14   31
Revolving Loans Converted to Term Loans 0 0   0
Total 14 14   31
Consumer | Credit card | Nonperforming        
Financing Receivable, Modifications        
Year One 0 0   0
Year Two 0 0   0
Year Three 0 0   0
Year Four 0 0   0
Year Five 0 0   0
Prior 0 0   0
Revolving Loans 24 24   32
Revolving Loans Converted to Term Loans 0 0   0
Total 24 24   32
Consumer | Other consumer loans        
Financing Receivable, Modifications        
Year One 589 589   885
Year Two 613 613   553
Year Three 329 329   441
Year Four 345 345   180
Year Five 122 122   32
Prior 52 52   41
Revolving Loans 958 958   881
Revolving Loans Converted to Term Loans 1 1   1
Total 3,009 3,009   3,014
Consumer | Other consumer loans | Performing        
Financing Receivable, Modifications        
Year One 589 589   885
Year Two 612 612   553
Year Three 329 329   441
Year Four 345 345   180
Year Five 122 122   32
Prior 52 52   40
Revolving Loans 957 957   880
Revolving Loans Converted to Term Loans 1 1   1
Total 3,007 3,007   3,012
Consumer | Other consumer loans | Performing | Current        
Financing Receivable, Modifications        
Year One 588 588   883
Year Two 610 610   546
Year Three 325 325   437
Year Four 343 343   178
Year Five 121 121   32
Prior 52 52   40
Revolving Loans 954 954   878
Revolving Loans Converted to Term Loans 1 1   1
Total 2,994 2,994   2,995
Consumer | Other consumer loans | Performing | 30-89 days past due        
Financing Receivable, Modifications        
Year One 1 1   2
Year Two 2 2   5
Year Three 3 3   4
Year Four 2 2   2
Year Five 1 1   0
Prior 0 0   0
Revolving Loans 3 3   2
Revolving Loans Converted to Term Loans 0 0   0
Total 12 12   15
Consumer | Other consumer loans | Performing | 90 days or more past due        
Financing Receivable, Modifications        
Year One 0 0   0
Year Two 0 0   2
Year Three 1 1   0
Year Four 0 0   0
Year Five 0 0   0
Prior 0 0   0
Revolving Loans 0 0   0
Revolving Loans Converted to Term Loans 0 0   0
Total 1 1   2
Consumer | Other consumer loans | Nonperforming        
Financing Receivable, Modifications        
Year One 0 0   0
Year Two 1 1   0
Year Three 0 0   0
Year Four 0 0   0
Year Five 0 0   0
Prior 0 0   1
Revolving Loans 1 1   1
Revolving Loans Converted to Term Loans 0 0   0
Total 2 2   2
Residential Mortgage and Consumer        
Financing Receivable, Modifications        
Year One 11,879 11,879   11,557
Year Two 8,958 8,958   6,512
Year Three 4,419 4,419   3,021
Year Four 1,942 1,942   2,713
Year Five 1,706 1,706   2,728
Prior 5,336 5,336   5,260
Revolving Loans 6,782 6,782   7,821
Revolving Loans Converted to Term Loans 13 13   12
Total 41,035 41,035   39,624
Residential Mortgage and Consumer | Performing        
Financing Receivable, Modifications        
Year One 11,879 11,879   11,555
Year Two 8,938 8,938   6,507
Year Three 4,412 4,412   3,015
Year Four 1,936 1,936   2,708
Year Five 1,701 1,701   2,723
Prior 5,288 5,288   5,196
Revolving Loans 6,690 6,690   7,713
Revolving Loans Converted to Term Loans 12 12   11
Total 40,856 40,856   39,428
Residential Mortgage and Consumer | Performing | Current        
Financing Receivable, Modifications        
Year One 11,862 11,862   11,526
Year Two 8,912 8,912   6,450
Year Three 4,380 4,380   2,972
Year Four 1,913 1,913   2,677
Year Five 1,682 1,682   2,707
Prior 5,221 5,221   5,126
Revolving Loans 6,635 6,635   7,617
Revolving Loans Converted to Term Loans 12 12   11
Total 40,617 40,617   39,086
Residential Mortgage and Consumer | Performing | 30-89 days past due        
Financing Receivable, Modifications        
Year One 16 16   28
Year Two 24 24   47
Year Three 26 26   38
Year Four 18 18   22
Year Five 10 10   8
Prior 19 19   19
Revolving Loans 41 41   65
Revolving Loans Converted to Term Loans 0 0   0
Total 154 154   227
Residential Mortgage and Consumer | Performing | 90 days or more past due        
Financing Receivable, Modifications        
Year One 1 1   1
Year Two 2 2   10
Year Three 6 6   5
Year Four 5 5   9
Year Five 9 9   8
Prior 48 48   51
Revolving Loans 14 14   31
Revolving Loans Converted to Term Loans 0 0   0
Total 85 85   115
Residential Mortgage and Consumer | Nonperforming        
Financing Receivable, Modifications        
Year One 0 0   2
Year Two 20 20   5
Year Three 7 7   6
Year Four 6 6   5
Year Five 5 5   5
Prior 48 48   64
Revolving Loans 92 92   108
Revolving Loans Converted to Term Loans 1 1   1
Total $ 179 $ 179   $ 196
[1] Includes $156 and $161 of residential mortgage loans measured at fair value at September 30, 2021 and December 31, 2020, respectively.
[2] Includes $27 and $55 of other short-term investments, $383 and $756 of portfolio loans and leases, $(3) and $(7) of ALLL, $2 and $5 of other assets, $1 and $2 of other liabilities, and $325 and $656 of long-term debt from consolidated VIEs that are included in their respective captions above at September 30, 2021 and December 31, 2020, respectively. For further information, refer to Note 12.