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Credit Quality and the Allowance for Loan and Lease Losses - Summary of the Credit Risk Profile of the Bancorp's Commercial Portfolio Segment by Class (Details) - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Financing Receivable, Modifications    
Total [1],[2] $ 117,234 $ 121,480
Commercial    
Financing Receivable, Modifications    
Year One 5,105 7,198
Year Two 6,197 5,338
Year Three 3,499 2,734
Year Four 1,650 1,455
Year Five 1,099 900
Prior 1,730 1,876
Revolving Loans 53,466 56,888
Revolving Loans Converted to Term Loans 0 0
Total 72,746 76,389
Commercial | Pass    
Financing Receivable, Modifications    
Year One 4,649 6,795
Year Two 5,759 5,081
Year Three 3,328 2,405
Year Four 1,579 1,299
Year Five 990 830
Prior 1,494 1,625
Revolving Loans 49,710 53,282
Revolving Loans Converted to Term Loans 0 0
Total 67,509 71,317
Commercial | Special mention    
Financing Receivable, Modifications    
Year One 158 83
Year Two 298 127
Year Three 90 56
Year Four 38 52
Year Five 20 30
Prior 121 68
Revolving Loans 2,056 1,658
Revolving Loans Converted to Term Loans 0 0
Total 2,781 2,074
Commercial | Substandard    
Financing Receivable, Modifications    
Year One 298 320
Year Two 140 130
Year Three 81 273
Year Four 33 104
Year Five 89 40
Prior 115 183
Revolving Loans 1,694 1,948
Revolving Loans Converted to Term Loans 0 0
Total 2,450 2,998
Commercial | Doubtful    
Financing Receivable, Modifications    
Year One 0 0
Year Two 0 0
Year Three 0 0
Year Four 0 0
Year Five 0 0
Prior 0 0
Revolving Loans 6 0
Revolving Loans Converted to Term Loans 0 0
Total 6 0
Commercial | Commercial and industrial loans    
Financing Receivable, Modifications    
Year One 2,245 4,040
Year Two 3,637 3,199
Year Three 1,902 1,242
Year Four 631 507
Year Five 308 286
Prior 499 619
Revolving Loans 44,048 47,339
Revolving Loans Converted to Term Loans 0 0
Total 53,270 57,232
Commercial | Commercial and industrial loans | Pass    
Financing Receivable, Modifications    
Year One 2,124 3,825
Year Two 3,434 3,098
Year Three 1,814 994
Year Four 580 445
Year Five 263 269
Prior 321 488
Revolving Loans 40,889 44,521
Revolving Loans Converted to Term Loans 0 0
Total 49,425 53,640
Commercial | Commercial and industrial loans | Special mention    
Financing Receivable, Modifications    
Year One 16 65
Year Two 100 24
Year Three 60 15
Year Four 33 36
Year Five 6 10
Prior 105 24
Revolving Loans 1,756 1,221
Revolving Loans Converted to Term Loans 0 0
Total 2,076 1,395
Commercial | Commercial and industrial loans | Substandard    
Financing Receivable, Modifications    
Year One 105 150
Year Two 103 77
Year Three 28 233
Year Four 18 26
Year Five 39 7
Prior 73 107
Revolving Loans 1,397 1,597
Revolving Loans Converted to Term Loans 0 0
Total 1,763 2,197
Commercial | Commercial and industrial loans | Doubtful    
Financing Receivable, Modifications    
Year One 0 0
Year Two 0 0
Year Three 0 0
Year Four 0 0
Year Five 0 0
Prior 0 0
Revolving Loans 6 0
Revolving Loans Converted to Term Loans 0 0
Total 6 0
Commercial | Commercial mortgage owner-occupied loans    
Financing Receivable, Modifications    
Year One 931 1,245
Year Two 1,123 855
Year Three 775 555
Year Four 418 342
Year Five 270 184
Prior 270 291
Revolving Loans 1,413 1,786
Revolving Loans Converted to Term Loans 0 0
Total 5,200 5,258
Commercial | Commercial mortgage owner-occupied loans | Pass    
Financing Receivable, Modifications    
Year One 870 1,177
Year Two 1,078 826
Year Three 746 522
Year Four 408 257
Year Five 219 160
Prior 260 264
Revolving Loans 1,279 1,624
Revolving Loans Converted to Term Loans 0 0
Total 4,860 4,830
Commercial | Commercial mortgage owner-occupied loans | Special mention    
Financing Receivable, Modifications    
Year One 30 17
Year Two 23 15
Year Three 18 13
Year Four 0 12
Year Five 6 13
Prior 0 2
Revolving Loans 20 56
Revolving Loans Converted to Term Loans 0 0
Total 97 128
Commercial | Commercial mortgage owner-occupied loans | Substandard    
Financing Receivable, Modifications    
Year One 31 51
Year Two 22 14
Year Three 11 20
Year Four 10 73
Year Five 45 11
Prior 10 25
Revolving Loans 114 106
Revolving Loans Converted to Term Loans 0 0
Total 243 300
Commercial | Commercial mortgage owner-occupied loans | Doubtful    
Financing Receivable, Modifications    
Year One 0 0
Year Two 0 0
Year Three 0 0
Year Four 0 0
Year Five 0 0
Prior 0 0
Revolving Loans 0 0
Revolving Loans Converted to Term Loans 0 0
Total 0 0
Commercial | Commercial mortgage nonowner-occupied loans    
Financing Receivable, Modifications    
Year One 1,078 1,193
Year Two 992 565
Year Three 269 534
Year Four 350 398
Year Five 293 221
Prior 247 210
Revolving Loans 2,847 2,641
Revolving Loans Converted to Term Loans 0 0
Total 6,076 5,762
Commercial | Commercial mortgage nonowner-occupied loans | Pass    
Financing Receivable, Modifications    
Year One 886 1,127
Year Two 825 462
Year Three 261 490
Year Four 348 397
Year Five 293 220
Prior 243 170
Revolving Loans 2,724 2,453
Revolving Loans Converted to Term Loans 0 0
Total 5,580 5,319
Commercial | Commercial mortgage nonowner-occupied loans | Special mention    
Financing Receivable, Modifications    
Year One 111 1
Year Two 166 84
Year Three 0 26
Year Four 2 0
Year Five 0 0
Prior 2 23
Revolving Loans 81 88
Revolving Loans Converted to Term Loans 0 0
Total 362 222
Commercial | Commercial mortgage nonowner-occupied loans | Substandard    
Financing Receivable, Modifications    
Year One 81 65
Year Two 1 19
Year Three 8 18
Year Four 0 1
Year Five 0 1
Prior 2 17
Revolving Loans 42 100
Revolving Loans Converted to Term Loans 0 0
Total 134 221
Commercial | Commercial mortgage nonowner-occupied loans | Doubtful    
Financing Receivable, Modifications    
Year One 0 0
Year Two 0 0
Year Three 0 0
Year Four 0 0
Year Five 0 0
Prior 0 0
Revolving Loans 0 0
Revolving Loans Converted to Term Loans 0 0
Total 0 0
Commercial | Commercial construction loans    
Financing Receivable, Modifications    
Year One 232 135
Year Two 36 31
Year Three 78 93
Year Four 41 8
Year Five 70 35
Prior 6 9
Revolving Loans 5,158 5,122
Revolving Loans Converted to Term Loans 0 0
Total 5,621 5,433
Commercial | Commercial construction loans | Pass    
Financing Receivable, Modifications    
Year One 171 82
Year Two 36 31
Year Three 45 93
Year Four 41 8
Year Five 70 35
Prior 6 7
Revolving Loans 4,818 4,684
Revolving Loans Converted to Term Loans 0 0
Total 5,187 4,940
Commercial | Commercial construction loans | Special mention    
Financing Receivable, Modifications    
Year One 0 0
Year Two 0 0
Year Three 0 0
Year Four 0 0
Year Five 0 0
Prior 0 0
Revolving Loans 199 293
Revolving Loans Converted to Term Loans 0 0
Total 199 293
Commercial | Commercial construction loans | Substandard    
Financing Receivable, Modifications    
Year One 61 53
Year Two 0 0
Year Three 33 0
Year Four 0 0
Year Five 0 0
Prior 0 2
Revolving Loans 141 145
Revolving Loans Converted to Term Loans 0 0
Total 235 200
Commercial | Commercial construction loans | Doubtful    
Financing Receivable, Modifications    
Year One 0 0
Year Two 0 0
Year Three 0 0
Year Four 0 0
Year Five 0 0
Prior 0 0
Revolving Loans 0 0
Revolving Loans Converted to Term Loans 0 0
Total 0 0
Commercial | Commercial leases    
Financing Receivable, Modifications    
Year One 619 585
Year Two 409 688
Year Three 475 310
Year Four 210 200
Year Five 158 174
Prior 708 747
Revolving Loans 0 0
Revolving Loans Converted to Term Loans 0 0
Total 2,579 2,704
Commercial | Commercial leases | Pass    
Financing Receivable, Modifications    
Year One 598 584
Year Two 386 664
Year Three 462 306
Year Four 202 192
Year Five 145 146
Prior 664 696
Revolving Loans 0 0
Revolving Loans Converted to Term Loans 0 0
Total 2,457 2,588
Commercial | Commercial leases | Special mention    
Financing Receivable, Modifications    
Year One 1 0
Year Two 9 4
Year Three 12 2
Year Four 3 4
Year Five 8 7
Prior 14 19
Revolving Loans 0 0
Revolving Loans Converted to Term Loans 0 0
Total 47 36
Commercial | Commercial leases | Substandard    
Financing Receivable, Modifications    
Year One 20 1
Year Two 14 20
Year Three 1 2
Year Four 5 4
Year Five 5 21
Prior 30 32
Revolving Loans 0 0
Revolving Loans Converted to Term Loans 0 0
Total 75 80
Commercial | Commercial leases | Doubtful    
Financing Receivable, Modifications    
Year One 0 0
Year Two 0 0
Year Three 0 0
Year Four 0 0
Year Five 0 0
Prior 0 0
Revolving Loans 0 0
Revolving Loans Converted to Term Loans 0 0
Total $ 0 $ 0
[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.
[2] Includes $116 and $123 of residential mortgage loans measured at fair value at December 31, 2023 and 2022, respectively.