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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
Jun. 30, 2022
Dec. 31, 2021
Financing Receivable, Modifications    
With an ALLL $ 350 $ 304
No Related ALLL 209 223
Total 559 527
Loans and leases held for sale [1] 2,542 4,415
Total portfolio loans and leases [2],[3] 118,823 112,050
Nonperforming    
Financing Receivable, Modifications    
Loans and leases held for sale 0 15
Nonperforming | Government Insured    
Financing Receivable, Modifications    
Total portfolio loans and leases 15 26
Restructured nonaccrual loans and leases 9 11
Commercial    
Financing Receivable, Modifications    
With an ALLL 200 192
No Related ALLL 119 145
Total 319 337
Commercial | Commercial and industrial loans    
Financing Receivable, Modifications    
With an ALLL 164 151
No Related ALLL 104 128
Total 268 279
Loans and leases held for sale 3 7
Commercial | Commercial mortgage owner-occupied loans    
Financing Receivable, Modifications    
With an ALLL 10 10
No Related ALLL 10 13
Total 20 23
Commercial | Commercial mortgage nonowner-occupied loans    
Financing Receivable, Modifications    
With an ALLL 25 22
No Related ALLL 0 3
Total 25 25
Commercial | Commercial construction loans    
Financing Receivable, Modifications    
With an ALLL 1 6
No Related ALLL 3 0
Total 4 6
Commercial | Commercial leases    
Financing Receivable, Modifications    
With an ALLL 0 3
No Related ALLL 2 1
Total 2 4
Loans and leases held for sale 1 1
Residential Mortgage    
Financing Receivable, Modifications    
With an ALLL 61 14
No Related ALLL 44 19
Total 105 33
Consumer    
Financing Receivable, Modifications    
With an ALLL 89 98
No Related ALLL 26 30
Total 115 128
Consumer | Home equity    
Financing Receivable, Modifications    
With an ALLL 50 53
No Related ALLL 22 24
Total 72 77
Total portfolio loans and leases 3,906 4,084
Consumer | Home equity | Nonperforming    
Financing Receivable, Modifications    
Total portfolio loans and leases 72 77
Consumer | Indirect secured consumer loans    
Financing Receivable, Modifications    
With an ALLL 14 21
No Related ALLL 4 6
Total 18 27
Total portfolio loans and leases 17,017 16,783
Consumer | Indirect secured consumer loans | Nonperforming    
Financing Receivable, Modifications    
Total portfolio loans and leases 18 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 1,763 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 2 1
No Related ALLL 0 0
Total 2 1
Total portfolio loans and leases 3,521 2,752
Consumer | Other consumer loans | Nonperforming    
Financing Receivable, Modifications    
Total portfolio loans and leases 2 1
Nonaccrual Portfolio Loans and Leases    
Financing Receivable, Modifications    
With an ALLL 350 304
No Related ALLL 189 194
Total 539 498
OREO and Other Repossessed Assets    
Financing Receivable, Modifications    
With an ALLL 0 0
No Related ALLL 20 29
Total $ 20 $ 29
[1] Includes $1,406 and $1,023 of residential mortgage loans held for sale measured at fair value at June 30, 2022 and December 31, 2021, respectively.
[2] Includes $133 and $154 of residential mortgage loans measured at fair value at June 30, 2022 and December 31, 2021, respectively.
[3] Includes $21 and $24 of other short-term investments, $267 and $322 of portfolio loans and leases, $(3) and $(2) of ALLL, $2 and $2 of other assets, $10 and $1 of other liabilities, and $200 and $263 of long-term debt from consolidated VIEs that are included in their respective captions above at June 30, 2022 and December 31, 2021, respectively. For further information, refer to Note 12.