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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 ($)
Dec. 31, 2022
Dec. 31, 2021
Financing Receivable, Modifications    
With an ALLL $ 333,000,000 $ 304,000,000
No Related ALLL 206,000,000 223,000,000
Total 539,000,000 527,000,000
Loans and leases held for sale [1] 1,007,000,000 4,415,000,000
Total portfolio loans and leases [2],[3] 121,480,000,000 112,050,000,000
Nonperforming    
Financing Receivable, Modifications    
Loans and leases held for sale 0 15,000,000
Nonperforming | Government Insured    
Financing Receivable, Modifications    
Total portfolio loans and leases 15,000,000 26,000,000
Restructured nonaccrual loans and leases 11,000,000 11,000,000
Commercial    
Financing Receivable, Modifications    
With an ALLL 149,000,000 192,000,000
No Related ALLL 114,000,000 145,000,000
Total 263,000,000 337,000,000
Total portfolio loans and leases 76,389,000,000 70,268,000,000
Commercial | Commercial and industrial loans    
Financing Receivable, Modifications    
With an ALLL 114,000,000 151,000,000
No Related ALLL 101,000,000 128,000,000
Total 215,000,000 279,000,000
Loans and leases held for sale 73,000,000 7,000,000
Total portfolio loans and leases 57,232,000,000 51,659,000,000
Commercial | Commercial mortgage owner-occupied loans    
Financing Receivable, Modifications    
With an ALLL 9,000,000 10,000,000
No Related ALLL 7,000,000 13,000,000
Total 16,000,000 23,000,000
Total portfolio loans and leases 5,258,000,000 4,709,000,000
Commercial | Commercial mortgage nonowner-occupied loans    
Financing Receivable, Modifications    
With an ALLL 20,000,000 22,000,000
No Related ALLL 4,000,000 3,000,000
Total 24,000,000 25,000,000
Total portfolio loans and leases 5,762,000,000 5,607,000,000
Commercial | Commercial construction loans    
Financing Receivable, Modifications    
With an ALLL 6,000,000 6,000,000
No Related ALLL 2,000,000 0
Total 8,000,000 6,000,000
Total portfolio loans and leases 5,433,000,000 5,241,000,000
Commercial | Commercial leases    
Financing Receivable, Modifications    
With an ALLL 0 3,000,000
No Related ALLL 0 1,000,000
Total 0 4,000,000
Loans and leases held for sale 0 1,000,000
Total portfolio loans and leases 2,704,000,000 3,052,000,000
Residential Mortgage    
Financing Receivable, Modifications    
With an ALLL 81,000,000 14,000,000
No Related ALLL 43,000,000 19,000,000
Total 124,000,000 33,000,000
Consumer    
Financing Receivable, Modifications    
With an ALLL 103,000,000 98,000,000
No Related ALLL 25,000,000 30,000,000
Total 128,000,000 128,000,000
Total portfolio loans and leases 45,091,000,000 41,782,000,000
Consumer | Home equity    
Financing Receivable, Modifications    
With an ALLL 45,000,000 53,000,000
No Related ALLL 22,000,000 24,000,000
Total 67,000,000 77,000,000
Total portfolio loans and leases 4,039,000,000 4,084,000,000
Consumer | Home equity | Nonperforming    
Financing Receivable, Modifications    
Total portfolio loans and leases 67,000,000 77,000,000
Consumer | Indirect secured consumer loans    
Financing Receivable, Modifications    
With an ALLL 26,000,000 21,000,000
No Related ALLL 3,000,000 6,000,000
Total 29,000,000 27,000,000
Total portfolio loans and leases 16,552,000,000 16,783,000,000
Consumer | Indirect secured consumer loans | Nonperforming    
Financing Receivable, Modifications    
Total portfolio loans and leases 29,000,000 27,000,000
Consumer | Credit card    
Financing Receivable, Modifications    
With an ALLL 27,000,000 23,000,000
No Related ALLL 0 0
Total 27,000,000 23,000,000
Total portfolio loans and leases 1,874,000,000 1,766,000,000
Consumer | Credit card | Nonperforming    
Financing Receivable, Modifications    
Total portfolio loans and leases 27,000,000 23,000,000
Consumer | Other consumer loans:    
Financing Receivable, Modifications    
With an ALLL 5,000,000 1,000,000
No Related ALLL 0 0
Total 5,000,000 1,000,000
Total portfolio loans and leases 4,998,000,000 2,752,000,000
Consumer | Other consumer loans: | Nonperforming    
Financing Receivable, Modifications    
Total portfolio loans and leases 5,000,000 1,000,000
Nonaccrual Portfolio Loans and Leases    
Financing Receivable, Modifications    
With an ALLL 333,000,000 304,000,000
No Related ALLL 182,000,000 194,000,000
Total 515,000,000 498,000,000
OREO and Other Repossessed Assets    
Financing Receivable, Modifications    
With an ALLL 0 0
No Related ALLL 24,000,000 29,000,000
Total $ 24,000,000 $ 29,000,000
[1] Includes $600 and $1,023 of residential mortgage loans held for sale measured at fair value at December 31, 2022 and 2021, respectively.
[2] Includes $123 and $154 of residential mortgage loans measured at fair value at December 31, 2022 and 2021, respectively.
[3] Includes $17 and $24 of other short-term investments, $185 and $322 of portfolio loans and leases, $(2) and $(2) of ALLL, $2 and $2 of other assets, $9 and $1 of other liabilities and $118 and $263 of long-term debt from consolidated VIEs that are included in their respective captions above at December 31, 2022 and 2021, respectively. For further information, refer to Note 12.