Intangible Assets (Tables)

12 Months Ended

Dec. 31, 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 December 31, 2022
Core deposit intangibles	$	229	(182)	47
Developed technology	106		(17)	89
Customer relationships	30		(7)	23
Other	20		(10)	10
Total intangible assets	$	385	(216)	169
As of December 31, 2021
Core deposit intangibles	$	229	(153)	76
Developed technology	62		(3)	59
Customer relationships	25		(7)	18
Other	15		(12)	3
Total intangible assets	$	331	(175)	156

Estimated Amortization Expense

Estimated amortization expense for the years ending December 31, 2023 through 2027 is as follows:

($ in millions)	Total
2023	$	43
2024	35
2025	28
2026	22
2027	14