Intangible Assets (Tables)

9 Months Ended

Sep. 30, 2022

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, 2022
Core deposit intangibles	$	229	(175)	54
Developed technology	106		(12)	94
Customer relationships	30		(7)	23
Operating leases	8		(7)	1
Other	14		(5)	9
Total intangible assets	$	387	(206)	181
As of December 31, 2021
Core deposit intangibles	$	229	(153)	76
Developed technology	62		(3)	59
Customer relationships	25		(7)	18
Operating leases	11		(9)	2
Other	4		(3)	1
Total intangible assets	$	331	(175)	156

Estimated Amortization Expense

Estimated amortization expense for the remainder of 2022 through 2026 is as follows:

($ in millions)	Total
Remainder of 2022	$	12
2023	43
2024	35
2025	28
2026	22