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Income Taxes	6 Months Ended
Jun. 30, 2014
Income Taxes
Income Taxes	18. Income Taxes The Bancorp's provision for income taxes was $167 million and $250 million for the three months ended June 30, 2014 and 2013, respectively. The provision for income taxes was $287 million and $429 million for the six months ended June 30, 2014 and 2013, respectively. The effective tax rates for the three months ended June 30, 2014 and 2013 were 27.6% and 29.7%, respectively. The effective tax rates for the six months ended June 30, 2014 and 2013 were 27.5% and 30.0%, respectively. The decrease in the effective tax rate for the three months ended June 30, 2014 compared to the same period in the prior year was due to a decrease of income before income taxes. The decrease in the effective tax rate for the six months ended June 30, 2014 compared to the same period in the prior year was primarily due to a non-cash charge recognized during the period ended March 31, 2013 related to previously recognized tax benefits associated with stock-based awards that were not realized and a decrease of income before income taxes. While it is reasonably possible that the amount of the unrecognized tax benefits with respect to certain of the Bancorp's uncertain tax positions could increase or decrease during the next 12 months, the Bancorp believes it is unlikely that its unrecognized tax benefits will change by a material amount during the next 12 months.

Income Taxes

6 Months Ended

Jun. 30, 2014

18. Income Taxes

The Bancorp's provision for income taxes was $167 million and $250 million for the three months ended June 30, 2014 and 2013, respectively. The provision for income taxes was $287 million and $429 million for the six months ended June 30, 2014 and 2013, respectively. The effective tax rates for the three months ended June 30, 2014 and 2013 were 27.6% and 29.7%, respectively. The effective tax rates for the six months ended June 30, 2014 and 2013 were 27.5% and 30.0%, respectively. The decrease in the effective tax rate for the three months ended June 30, 2014 compared to the same period in the prior year was due to a decrease of income before income taxes. The decrease in the effective tax rate for the six months ended June 30, 2014 compared to the same period in the prior year was primarily due to a non-cash charge recognized during the period ended March 31, 2013 related to previously recognized tax benefits associated with stock-based awards that were not realized and a decrease of income before income taxes.

While it is reasonably possible that the amount of the unrecognized tax benefits with respect to certain of the Bancorp's uncertain tax positions could increase or decrease during the next 12 months, the Bancorp believes it is unlikely that its unrecognized tax benefits will change by a material amount during the next 12 months.

- Definition

The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information.

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