Variable Interest Entities (Tables)

6 Months Ended

Jun. 30, 2011

Classifications of Consolidated VIE Assets and Liabilities

The following table provides a summary of the classifications of consolidated VIE assets, liabilities and noncontrolling interest included in the Bancorp’s Condensed Consolidated Balance Sheets as of:

June 30, 2011 ($ in millions)	Home Equity Securitization			Automobile Loan Securitizations			CDC Investment			Total
Assets:
Cash and due from banks	$	6			36			—			42
Other short-term investments		—			7			—			7
Commercial mortgage loans		—			—			29			29
Home equity		231			—			—			231
Automobile loans		—			424			—			424
ALLL		(5	)		(5	)		(1	)		(11	)
Other assets		1			2			1			4
Total assets		233			464			29			726
Liabilities:
Other liabilities	$	—			8			—			8
Long-term debt		35			330			—			365
Total liabilities	$	35			338			—			373
Noncontrolling interest								29			29
December 31, 2010 ($ in millions)	Home Equity Securitization			Automobile Loan Securitizations			CDC Investment			Total
Assets:
Cash and due from banks	$	7			45			—			52
Other short-term investments		—			7			—			7
Commercial mortgage loans		—			—			29			29
Home equity		241			—			—			241
Automobile loans		—			648			—			648
ALLL		(5	)		(8	)		(1	)		(14	)
Other assets		1			5			1			7
Total assets		244			697			29			970
Liabilities:
Other liabilities	$	—			12			—			12
Long-term debt		133			559			—			692
Total liabilities	$	133			571			—			704
Noncontrolling interest								29			29
June 30, 2010 ($ in millions)	Home Equity Securitization			Automobile Loan Securitizations			CDC Investment			Total
Assets:
Cash and due from banks	$	8			66			—			74
Other short-term investments		—			7			—			7
Home equity		252			—			—			252
Automobile loans		—			911			—			911
ALLL		(5	)		(11	)		—			(16	)
Other assets		1			6			—			7
Total assets		256			979			—			1,235
Liabilities:
Other liabilities	$	—			19			—			19
Long-term debt		161			835			—			996
Total liabilities	$	161			854			—			1,015

Assets and Liabilities Related to Non-consolidated VIEs and Maximum Exposure to Losses

The following tables provide a summary of assets and liabilities carried on the Bancorp’s Condensed Consolidated Balance Sheets related to non-consolidated VIEs for which the Bancorp holds a variable interest, but is not the primary beneficiary to the VIE, as well as the Bancorp’s maximum exposure to losses associated with its interests in the entities:

As of June 30, 2011 ($ in millions)	Total Assets		Total Liabilities		Maximum Exposure
CDC investments	$	1,282		282		1,282
Private equity investments		114		2		298
Money market funds		59		—		66
Loans provided to VIEs		1,236		—		2,010
Restructured loans		12		—		14

As of December 31, 2010 ($ in millions)	Total Assets		Total Liabilities		Maximum Exposure
CDC investments	$	1,241		286		1,241
Private equity investments		129		3		322
Money market funds		148		—		158
Loans provided to VIEs		1,175		—		1,908
Restructured loans		12		—		13

As of June 30, 2010 ($ in millions)	Total Assets		Total Liabilities		Maximum Exposure
CDC investments	$	1,127		255		1,127
Private equity investments		114		2		273
Loans provided to VIEs		1,228		—		1,855
Restructured loans		23		—		24