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Commitments, Contingent Liabilities and Guarantees (Tables)

3 Months Ended

Mar. 31, 2012

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

($ in millions)		March 31, 2012	December 31, 2011	March 31, 2011
Commitments to extend credit	$	49,111	47,719	44,220
Forward contracts to sell mortgage loans		8,769	5,705	2,529
Letters of credit		4,709	4,744	5,317
Noncancelable lease obligations		826	851	851
Capital commitments for private equity investments		159	166	182
Purchase obligations		109	115	60
Capital expenditures		56	41	41
Capital lease obligations		24	26	30

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:

($ in millions)		March 31, 2012	December 31, 2011	March 31, 2011
Pass	$	48,401	46,825	43,179
Special mention		326	480	453
Substandard		361	403	572
Doubtful		23	11	16
Total	$	49,111	47,719	44,220

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, as of March 31, 2012, expire as summarized in the following table:

($ in millions)
Less than 1 year^(a)	$	1,997
1 - 5 years^(a)		2,588
Over 5 years		124
Total	$	4,709

Includes $53 and $7 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 ($ in millions)		March 31, 2012	December 31, 2011	March 31, 2011
Pass	$	4,282	4,338	4,789
Special mention		148	149	163
Substandard		276	254	363
Doubtful		2	2	1
Loss		1	1	1
Total	$	4,709	4,744	5,317

Activity in Reserve for Representation and Warranty Provisions

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


		For the three months ended March 31,
($ in millions)		2012	2011
Balance, beginning of period	$	55	85
Net additions to the reserve		14	8
Losses charged against the reserve		(14)	(20)
Balance, end of period	$	55	73

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 three months ended March 31, 2012:


	GSE			Private Label
($ in millions)	Units		Dollars	Units		Dollars
Balance, beginning of period	328	$	47	109	$	19
New demands	773		93	61		1
Loan paydowns/payoffs	(15)		(2)	-		-
Resolved claims	(672)		(78)	(58)		(2)
Balance, end of period	414	$	60	112	$	18

- 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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