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Common, Preferred and Treasury Stock (Tables)
12 Months Ended
Dec. 31, 2022
Stockholders' Equity Note [Abstract]  
Share Activity Within Common, Preferred and Treasury Stock
The table presents a summary of the share activity within common, preferred and treasury stock for the years ended:
Common StockPreferred StockTreasury Stock
($ in millions, except share data)ValueSharesValueSharesValueShares
December 31, 2019$2,051 923,892,581 $1,770 264,000$(5,724)214,976,952 
Issuance of preferred shares, Series L— — 346 14,000 — — 
Impact of stock transactions under stock
   compensation plans, net
— — — — 46 (3,818,518)
Other— — — — (26,178)
December 31, 2020$2,051 923,892,581 $2,116 278,000$(5,676)211,132,256 
Shares acquired for treasury— — — — (1,393)35,652,079 
Impact of stock transactions under stock
   compensation plans, net
— — — — 44 (5,621,878)
Other— — — — (47,540)
December 31, 2021$2,051 923,892,581 $2,116 278,000$(7,024)241,114,917 
Shares acquired for treasury   (100)3,079,462 
Impact of stock transactions under stock
   compensation plans, net
    21 (3,687,834)
Other     156 
December 31, 2022$2,051 923,892,581 $2,116 278,000$(7,103)240,506,701 
Summary of the Bancorp's Accelerated Share Repurchase Transactions
The following table presents a summary of the Bancorp’s accelerated share repurchase transactions that were entered into and settled during the years ended December 31, 2022 and 2021:
Repurchase DateAmount  ($ in millions)Shares Repurchased on Repurchase DateShares Received from Forward Contract  SettlementTotal Shares RepurchasedFinal Settlement Date
January 26, 2021$180 4,951,456 366,939 5,318,395 March 31, 2021
April 23, 2021347 7,894,807 675,295 8,570,102 June 11, 2021
July 27, 2021(a)
550 13,065,958 1,413,211 14,479,169 September 29, 2021
October 29, 2021316 6,211,841 1,072,572 7,284,413 December 2, 2021
December 8, 2022100 2,636,476 442,986 3,079,462 December 19, 2022
(a)This accelerated share repurchase transaction consisted of two supplemental confirmations each with a notional amount of $275 million.