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Income Taxes	9 Months Ended
Sep. 30, 2014
Income Taxes
Income Taxes	19. Income Taxes The Bancorp's provision for income taxes was $124 million and $183 million for the three months ended September 30, 2014 and 2013, respectively, and was $411 million and $613 million for the nine months ended September 30, 2014 and 2013, respectively. The effective tax rates for the three months ended September 30, 2014 and 2013 were 26.7% and 30.3%, respectively, and were 27.2% and 30.1% for the nine months ended September 30, 2014 and 2013, respectively. The decrease in the effective tax rate for the three months ended September 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 nine months ended September 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

9 Months Ended

Sep. 30, 2014

19. Income Taxes

The Bancorp's provision for income taxes was $124 million and $183 million for the three months ended September 30, 2014 and 2013, respectively, and was $411 million and $613 million for the nine months ended September 30, 2014 and 2013, respectively. The effective tax rates for the three months ended September 30, 2014 and 2013 were 26.7% and 30.3%, respectively, and were 27.2% and 30.1% for the nine months ended September 30, 2014 and 2013, respectively. The decrease in the effective tax rate for the three months ended September 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 nine months ended September 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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