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Credit Quality and the Allowance for Loan and Lease Losses - Summary of the Bancorp's Nonaccrual Loans and Leases by Class (Details) - USD ($)
$ in Millions
Mar. 31, 2022
Dec. 31, 2021
Financing Receivable, Modifications    
With an ALLL $ 347 $ 304
No Related ALLL 219 223
Total 566 527
Loans and leases held for sale [1] 2,616 4,415
Total portfolio loans and leases [2],[3] 115,865 112,050
Nonperforming    
Financing Receivable, Modifications    
Loans and leases held for sale 4 15
Nonperforming | Government Insured    
Financing Receivable, Modifications    
Total portfolio loans and leases 20 26
Restructured nonaccrual loans and leases 11 11
Commercial    
Financing Receivable, Modifications    
With an ALLL 206 192
No Related ALLL 117 145
Total 323 337
Commercial | Commercial and industrial loans    
Financing Receivable, Modifications    
With an ALLL 167 151
No Related ALLL 105 128
Total 272 279
Loans and leases held for sale 22 7
Commercial | Commercial mortgage owner-occupied loans    
Financing Receivable, Modifications    
With an ALLL 8 10
No Related ALLL 12 13
Total 20 23
Commercial | Commercial mortgage nonowner-occupied loans    
Financing Receivable, Modifications    
With an ALLL 22 22
No Related ALLL 0 3
Total 22 25
Commercial | Commercial construction loans    
Financing Receivable, Modifications    
With an ALLL 6 6
No Related ALLL 0 0
Total 6 6
Commercial | Commercial leases    
Financing Receivable, Modifications    
With an ALLL 3 3
No Related ALLL 0 1
Total 3 4
Loans and leases held for sale 1 1
Residential Mortgage    
Financing Receivable, Modifications    
With an ALLL 45 14
No Related ALLL 43 19
Total 88 33
Consumer    
Financing Receivable, Modifications    
With an ALLL 96 98
No Related ALLL 27 30
Total 123 128
Consumer | Home equity    
Financing Receivable, Modifications    
With an ALLL 55 53
No Related ALLL 22 24
Total 77 77
Total portfolio loans and leases 3,916 4,084
Consumer | Home equity | Nonperforming    
Financing Receivable, Modifications    
Total portfolio loans and leases 77 77
Consumer | Indirect secured consumer loans    
Financing Receivable, Modifications    
With an ALLL 17 21
No Related ALLL 5 6
Total 22 27
Total portfolio loans and leases 17,424 16,783
Consumer | Indirect secured consumer loans | Nonperforming    
Financing Receivable, Modifications    
Total portfolio loans and leases 22 27
Consumer | Credit card    
Financing Receivable, Modifications    
With an ALLL 23 23
No Related ALLL 0 0
Total 23 23
Total portfolio loans and leases 1,690 1,766
Consumer | Credit card | Nonperforming    
Financing Receivable, Modifications    
Total portfolio loans and leases 23 23
Consumer | Other consumer loans    
Financing Receivable, Modifications    
With an ALLL 1 1
No Related ALLL 0 0
Total 1 1
Total portfolio loans and leases 2,753 2,752
Consumer | Other consumer loans | Nonperforming    
Financing Receivable, Modifications    
Total portfolio loans and leases 1 1
Nonaccrual Portfolio Loans and Leases    
Financing Receivable, Modifications    
With an ALLL 347 304
No Related ALLL 187 194
Total 534 498
OREO and Other Repossessed Assets    
Financing Receivable, Modifications    
With an ALLL 0 0
No Related ALLL 32 29
Total $ 32 $ 29
[1] Includes $858 and $1,023 of residential mortgage loans held for sale measured at fair value at March 31, 2022 and December 31, 2021, respectively.
[2] Includes $145 and $154 of residential mortgage loans measured at fair value at March 31, 2022 and December 31, 2021, respectively.
[3] Includes $24 and $24 of other short-term investments, $266 and $322 of portfolio loans and leases, $(2) and $(2) of ALLL, $2 and $2 of other assets, an immaterial amount and $1 of other liabilities, and $209 and $263 of long-term debt from consolidated VIEs that are included in their respective captions above at March 31, 2022 and December 31, 2021, respectively. For further information, refer to Note 11.