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Commitments, Contingent Liabilities and Guarantees (Tables)

12 Months Ended

Dec. 31, 2011

The Bancorp has certain commitments to make future payments under contracts. The following table reflects a summary of significant commitments as of December 31:

($ in millions)		2011	2010
Commitments to extend credit	$	47,719	43,677
Forward contracts to sell mortgage loans		5,705	6,389
Letters of credit		4,744	5,516
Noncancelable lease obligations		851	869
Capital commitments for private equity investments		166	193
Purchase obligations		115	64
Capital expenditures		41	48
Capital lease obligations		26	32

Credit Risk Associated With Commitments [Table Text Block]

The Bancorp monitors the credit risk associated with commitments to extend credit using the same risk rating system utilized within its loan and lease portfolio. Risk ratings under this risk rating system are summarized in the following table as of December 31:

($ in millions)		2011	2010
Pass	$	46,825	42,326
Special mention		480	556
Substandard		403	758
Doubtful		11	37
Total	$	47,719	43,677

Standby and Commercial Letters of Credit, Conditional Commitments Issued to Guarantee the Performance of a Customer to a Third Party

Standby and commercial letters of credit are conditional commitments issued to guarantee the performance of a customer to a third party and expire as summarized in the following table as of December 31, 2011:

($ in millions)
Less than 1 year^(a)	$	1,940
1 - 5 years^(a)		2,665
Over 5 years		139
Total	$	4,744

Includes $75 and $3 issued on behalf of commercial customers to facilitate trade payments in U.S. dollars and foreign currencies which expire less than one year and between one and five years, respectively.

Credit Risk Associated With Letters Of Credit [Table Text Block]

Risk ratings under this risk rating system are summarized in the following table as of December 31:

($ in millions)		2011	2010
Pass	$	4,338	4,944
Special mention		149	193
Substandard		254	360
Doubtful		2	17
Loss		1	2
Total	$	4,744	5,516

Activity in Reserve for Representation and Warranty Provisions

The following table summarizes activity in the reserve for representation and warranty provisions:

($ in millions)		2011	2010
Balance, beginning of period	$	85	37
Net additions to the reserve		52	115
Losses charged against the reserve		(82)	(67)
Balance, end of period	$	55	85

Schedule of Liability for Unpaid Claims and Claims Adjustment Expense [Table Text Block]

The following table provides a rollforward of unresolved claims by claimant type for the year ended December 31, 2011:

	GSE			Private Label
($ in millions)	Units		Dollars	Units		Dollars
Balance, beginning of period	845	$	150	71	$	11
New demands	2,050		328	107		22
Loan paydowns/payoffs	(21)		(3)	(2)		-
Resolved claims	(2,546)		(428)	(67)		(14)
Balance, end of period	328	$	47	109	$	19

- Definition

The entire disclosure for significant arrangements with third parties, which includes operating lease arrangements and arrangements in which the entity has agreed to expend funds to procure goods or services, or has agreed to commit resources to supply goods or services, and operating lease arrangements. Descriptions may include identification of the specific goods and services, period of time covered, minimum quantities and amounts, and cancellation rights.

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- Definition

Tabular disclosure of the activity in the reserve for settling insured claims and expenses incurred in the claims settlement process for the period. The estimated liability includes the amount of money that will be required for future payments of (a) claims that have been reported to the insurer, (b) claims related to insured events that have occurred but that have not been reported to the insurer as of the date the liability is estimated, and (c) claim adjustment expenses. Claim adjustment expenses include costs incurred in the claim settlement process such as legal fees; outside adjuster fees; and costs to record, process, and adjust claims.

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