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Commitments, Contingent Liabilities and Guarantees (Tables)

9 Months Ended

Sep. 30, 2012

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

($ in millions)		September 30, 2012	December 31, 2011	September 30, 2011
Commitments to extend credit	$	52,274	47,719	46,019
Forward contracts to sell mortgage loans		8,749	5,705	4,602
Letters of credit		4,558	4,744	4,949
Noncancelable lease obligations		782	851	856
Capital commitments for private equity investments		137	166	178
Purchase obligations		97	115	117
Capital expenditures		45	41	42
Capital lease obligations		16	26	25

Credit Risk Associated With Commitments [Table Text Block]

Risk ratings under this risk rating system are summarized in the following table:

($ in millions)		September 30, 2012	December 31, 2011	September 30, 2011
Pass	$	51,708	46,825	45,015
Special mention		368	480	545
Substandard		198	403	443
Doubtful		-	11	16
Total	$	52,274	47,719	46,019

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 September 30, 2012, expire as summarized in the following table:

($ in millions)
Less than 1 year^(a)	$	2,130
1 - 5 years^(a)		2,361
Over 5 years		67
Total	$	4,558

Includes $77 and $1 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)		September 30, 2012	December 31, 2011	September 30, 2011
Pass	$	4,076	4,338	4,486
Special mention		245	149	204
Substandard		234	254	253
Doubtful		3	2	5
Loss		-	1	1
Total	$	4,558	4,744	4,949

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 September 30,		For the nine months ended September 30,
($ in millions)		2012	2011	2012	2011
Balance, beginning of period	$	57	60	55	85
Net additions to the reserve		37	20	66	34
Losses charged against the reserve		(13)	(28)	(40)	(67)
Balance, end of period	$	81	52	81	52

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

The following table provides a rollforward of unresolved demands by claimant type for the nine months ended September 30, 2012:

	GSE			Private Label
($ in millions)	Units		Dollars	Units		Dollars
Balance, beginning of period	328	$	47	109	$	19
New demands	2,116		274	173		6
Loan paydowns/payoffs	(34)		(5)	(1)		-
Resolved demands	(2,092)		(261)	(157)		(6)
Balance, end of period	318	$	55	124	$	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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