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Long-Term Debt - Summary of the Bancorp's Long-Term Borrowings (Details) - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
May 05, 2020
Jan. 31, 2020
Oct. 28, 2019
Jan. 25, 2019
Jul. 26, 2018
Mar. 14, 2018
Mar. 15, 2016
Nov. 20, 2013
Debt Instrument                    
Long-term debt [1] $ 16,380 $ 13,714                
Amount Qualifying as Tier Two Capital for Regulatory Capital Purposes                    
Debt Instrument                    
Long-term debt 1,500 1,900                
Parent Company                    
Debt Instrument                    
Long-term debt $ 10,108 9,331                
Parent Company | Senior Notes | Fixed Rate 1.625% Notes Due 2023                    
Debt Instrument                    
Interest rate (as a percent) 1.625%                  
Long-term debt $ 0 500                
Parent Company | Senior Notes | Fixed Rate 3.65% Notes Due 2024                    
Debt Instrument                    
Interest rate (as a percent) 3.65%         3.65%        
Long-term debt $ 1,500 1,498                
Parent Company | Senior Notes | Fixed Rate 2.375%Notes Due 2025                    
Debt Instrument                    
Interest rate (as a percent) 2.375%       2.375%          
Long-term debt $ 749 748                
Parent Company | Senior Notes | Fixed Rate 2.55% Notes Due 2027                    
Debt Instrument                    
Interest rate (as a percent) 2.55%   2.55%              
Long-term debt $ 748 747                
Parent Company | Senior Notes | Fixed Rate 1.707% Notes Due 2027                    
Debt Instrument                    
Interest rate (as a percent) 1.707%                  
Long-term debt $ 461 448                
Parent Company | Senior Notes | Fixed rate 3.95% Notes Due 2028                    
Debt Instrument                    
Interest rate (as a percent) 3.95%             3.95%    
Long-term debt $ 648 648                
Parent Company | Senior Notes | Fixed Rate/Floating Rate 4.055% Notes Due 2028                    
Debt Instrument                    
Interest rate (as a percent) 4.055%                  
Long-term debt $ 386 381                
Parent Company | Senior Notes | Fixed Rate/Floating Rate 6.361% Notes Due 202                    
Debt Instrument                    
Interest rate (as a percent) 6.361%                  
Long-term debt $ 1,013 1,012                
Parent Company | Senior Notes | Fixed Rate/Floating Rate 6.339% Notes Due 2029                    
Debt Instrument                    
Interest rate (as a percent) 6.339%                  
Long-term debt $ 1,245 0                
Parent Company | Senior Notes | Fixed Rate/Floating Rate 4.772% Notes Due 2030                    
Debt Instrument                    
Interest rate (as a percent) 4.772%                  
Long-term debt $ 944 936                
Parent Company | Senior Notes | Fixed Rate/Floating Rate 4.337% Notes Due 2033                    
Debt Instrument                    
Interest rate (as a percent) 4.337%                  
Long-term debt $ 561 556                
Parent Company | Subordinated Debt | Fixed Rate 4.30% Notes Due 2024                    
Debt Instrument                    
Interest rate (as a percent) 4.30%                 4.30%
Long-term debt $ 750 749                
Parent Company | Subordinated Debt | Fixed Rate 8.25% Notes Due 2038                    
Debt Instrument                    
Interest rate (as a percent) 8.25%                  
Long-term debt $ 1,103 1,108                
Subsidiaries                    
Debt Instrument                    
Long-term debt 6,272                  
Subsidiaries | FHLB Advances Due 2021 to 2047                    
Debt Instrument                    
Long-term debt $ 1,510 21                
Subsidiaries | FHLB Advances Due 2021 to 2047 | Weighted-Average                    
Debt Instrument                    
Interest rate (as a percent) 5.62%                  
Subsidiaries | Other Debt Due 2021 to 2041                    
Debt Instrument                    
Long-term debt $ 297 302                
Subsidiaries | Variable Interest Entity, Primary Beneficiary | Fixed | Automobile Loans                    
Debt Instrument                    
Long-term debt $ 1,305 75                
Subsidiaries | Variable Interest Entity, Primary Beneficiary | Fixed | Automobile Loans | Minimum                    
Debt Instrument                    
Interest rate (as a percent) 5.52%                  
Subsidiaries | Variable Interest Entity, Primary Beneficiary | Fixed | Automobile Loans | Maximum                    
Debt Instrument                    
Interest rate (as a percent) 5.87%                  
Subsidiaries | Variable Interest Entity, Primary Beneficiary | Fixed | Solar loan securitizations                    
Debt Instrument                    
Long-term debt $ 35 39                
Subsidiaries | Variable Interest Entity, Primary Beneficiary | Fixed | Solar loan securitizations | Minimum                    
Debt Instrument                    
Interest rate (as a percent) 4.05%                  
Subsidiaries | Variable Interest Entity, Primary Beneficiary | Fixed | Solar loan securitizations | Maximum                    
Debt Instrument                    
Interest rate (as a percent) 7.00%                  
Subsidiaries | Senior Notes | Fixed Rate 1.80% Senior Notes Due 2023                    
Debt Instrument                    
Interest rate (as a percent) 1.80%                  
Long-term debt $ 0 650                
Subsidiaries | Senior Notes | Fixed Rate 3.95% Notes Due 2025                    
Debt Instrument                    
Interest rate (as a percent) 3.95%           3.95%      
Long-term debt $ 727 723                
Subsidiaries | Senior Notes | Fixed Rate/Floating Rate 5.852% Notes Due 2025                    
Debt Instrument                    
Interest rate (as a percent) 5.852%                  
Long-term debt $ 996 999                
Subsidiaries | Senior Notes | Fixed Rate 2.25% Notes Due 2027                    
Debt Instrument                    
Interest rate (as a percent) 2.25%     2.25%            
Long-term debt $ 599 599                
Subsidiaries | Subordinated Debt | Fixed Rate 3.85% Notes Due 2026                    
Debt Instrument                    
Interest rate (as a percent) 3.85%               3.85%  
Long-term debt $ 749 749                
Subsidiaries | Subordinated Debt | Fixed Rate 4.00% Notes Due 2027                    
Debt Instrument                    
Interest rate (as a percent) 4.00%                  
Long-term debt $ 0 173                
Subsidiaries | Junior Subordinated Debt | Floating-Rate Debentures Due 2035                    
Debt Instrument                    
Long-term debt $ 54 $ 53                
Subsidiaries | Junior Subordinated Debt | Floating-Rate Debentures Due 2035 | Minimum                    
Debt Instrument                    
Interest rate (as a percent) 7.07%                  
Subsidiaries | Junior Subordinated Debt | Floating-Rate Debentures Due 2035 | Maximum                    
Debt Instrument                    
Interest rate (as a percent) 7.34%                  
[1] Includes $55 and $17 of other short-term investments, $1,573 and $185 of portfolio loans and leases, $(28) and $(2) of ALLL, $10 and $2 of other assets, $14 and $9 of other liabilities and $1,409 and $118 of long-term debt from consolidated VIEs that are included in their respective captions above at December 31, 2023 and 2022, respectively. For further information, refer to Note 12.