Intangible Assets (Tables)

6 Months Ended

Jun. 30, 2011

Intangible Assets

The details of the Bancorp’s intangible assets are shown in the following table.

($ in millions)	Gross Carrying Amount		Accumulated Amortization			Valuation Allowance			Net Carrying Amount
As of June 30, 2011:
Mortgage servicing rights	$	2,389		(1,199	)		(343	)		847
Core deposit intangibles		439		(400	)		—			39
Other		44		(34	)		—			10
Total intangible assets	$	2,872		(1,633	)		(343	)		896
As of December 31, 2010:
Mortgage servicing rights	$	2,284		(1,146	)		(316	)		822
Core deposit intangibles		439		(389	)		—			50
Other		44		(32	)		—			12
Total intangible assets	$	2,767		(1,567	)		(316	)		884
As of June 30, 2010:
Mortgage servicing rights	$	2,088		(1,056	)		(386	)		646
Core deposit intangibles		487		(418	)		—			69
Other		53		(39	)		—			14
Total intangible assets	$	2,628		(1,513	)		(386	)		729

Estimated Amortization Expense

Estimated amortization expense for the years ending December 31, 2011 through 2015 is as follows:

	Mortgage		Other
($ in millions)	Servicing Rights		Intangible Assets		Total
Remainder of 2011	$	103		9		112
2012		178		13		191
2013		148		8		156
2014		123		4		127
2015		102		2		104