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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, 2023
Dec. 31, 2022
Financing Receivable, Modifications    
With an ALLL $ 464 $ 333
No Related ALLL 197 206
Total 661 539
Loans and leases held for sale [1] 760 1,007
Total portfolio loans and leases [2],[3] 121,891 121,480
Nonperforming    
Financing Receivable, Modifications    
Loans and leases held for sale 2 0
Nonperforming | Government Insured    
Financing Receivable, Modifications    
Total portfolio loans and leases 18 15
Commercial    
Financing Receivable, Modifications    
With an ALLL 313 149
No Related ALLL 32 114
Total 345 263
Total portfolio loans and leases 76,352 76,389
Commercial | Commercial and industrial loans    
Financing Receivable, Modifications    
With an ALLL 303 114
No Related ALLL 19 101
Total 322 215
Loans and leases held for sale 29 73
Total portfolio loans and leases 56,897 57,232
Commercial | Commercial mortgage owner-occupied loans    
Financing Receivable, Modifications    
With an ALLL 10 9
No Related ALLL 10 7
Total 20 16
Total portfolio loans and leases 5,434 5,258
Commercial | Commercial mortgage nonowner-occupied loans    
Financing Receivable, Modifications    
With an ALLL 0 20
No Related ALLL 2 4
Total 2 24
Total portfolio loans and leases 5,876 5,762
Commercial | Commercial construction loans    
Financing Receivable, Modifications    
With an ALLL 0 6
No Related ALLL 0 2
Total 0 8
Total portfolio loans and leases 5,475 5,433
Commercial | Commercial leases    
Financing Receivable, Modifications    
With an ALLL 0 0
No Related ALLL 1 0
Total 1 0
Loans and leases held for sale 3 0
Total portfolio loans and leases 2,670 2,704
Residential Mortgage    
Financing Receivable, Modifications    
With an ALLL 46 81
No Related ALLL 91 43
Total 137 124
Consumer    
Financing Receivable, Modifications    
With an ALLL 105 103
No Related ALLL 42 25
Total 147 128
Consumer | Home equity    
Financing Receivable, Modifications    
With an ALLL 21 45
No Related ALLL 40 22
Total 61 67
Total portfolio loans and leases 3,911 4,039
Consumer | Home equity | Nonperforming    
Financing Receivable, Modifications    
Total portfolio loans and leases 61 67
Consumer | Indirect secured consumer loans    
Financing Receivable, Modifications    
With an ALLL 21 26
No Related ALLL 2 3
Total 23 29
Total portfolio loans and leases 16,097 16,552
Consumer | Indirect secured consumer loans | Nonperforming    
Financing Receivable, Modifications    
Total portfolio loans and leases 23 29
Consumer | Credit card    
Financing Receivable, Modifications    
With an ALLL 30 27
No Related ALLL 0 0
Total 30 27
Total portfolio loans and leases 1,818 1,874
Consumer | Credit card | Nonperforming    
Financing Receivable, Modifications    
Total portfolio loans and leases 30 27
Consumer | Other consumer loans    
Financing Receivable, Modifications    
With an ALLL 33 5
No Related ALLL 0 0
Total 33 5
Total portfolio loans and leases 6,210 4,998
Consumer | Other consumer loans | Nonperforming    
Financing Receivable, Modifications    
Total portfolio loans and leases 33 5
Nonaccrual Portfolio Loans and Leases    
Financing Receivable, Modifications    
With an ALLL 464 333
No Related ALLL 165 182
Total 629 515
OREO and Other Repossessed Assets    
Financing Receivable, Modifications    
With an ALLL 0 0
No Related ALLL 32 24
Total $ 32 $ 24
[1] Includes $596 and $600 of residential mortgage loans held for sale measured at fair value at June 30, 2023 and December 31, 2022, respectively.
[2] Includes $1 and $17 of other short-term investments, $42 and $185 of portfolio loans and leases, $(1) and $(2) of ALLL, $0 and $2 of other assets, $9 and $9 of other liabilities, and $37 and $118 of long-term debt from consolidated VIEs that are included in their respective captions above at June 30, 2023 and December 31, 2022, respectively. For further information, refer to Note 11.
[3] Includes $124 and $123 of residential mortgage loans measured at fair value at June 30, 2023 and December 31, 2022, respectively.