Long-Term Debt (Tables)

12 Months Ended

Dec. 31, 2014

Long-Term Debt

Summary of the Bancorp's Long-Term Borrowings

The following table is a summary of the Bancorp’s long-term borrowings at December 31:
($ in millions)	Maturity	Interest Rate		2014	2013
Parent Company
Senior:
Fixed-rate notes	2016	3.625%	$	1,000	999
Fixed-rate notes	2019	2.30%		499	-
Fixed-rate notes	2022	3.50%		497	497
Subordinated:(a)
Floating-rate notes	2016	0.67%		250	250
Fixed-rate notes	2017	5.45%		539	558
Fixed-rate notes	2018	4.50%		544	555
Fixed-rate notes	2024	4.30%		748	748
Fixed-rate notes	2038	8.25%		1,317	1,150
Subsidiaries
Senior:
Fixed-rate notes	2016	1.15%		1,000	1,000
Fixed-rate notes	2016	0.90%		400	400
Floating-rate notes	2016	0.74%		750	750
Floating-rate notes	2016	0.64%		300	300
Fixed-rate notes	2017	1.35%		654	-
Fixed-rate notes	2018	1.45%		597	587
Fixed-rate notes	2019	2.375%		850	-
Fixed-rate notes	2021	2.875%		846	-
Subordinated:(a)
Fixed-rate bank notes	2015	4.75%		502	524
Junior subordinated:(b)
Floating-rate debentures	2035	1.66% - 1.93%		51	51
FHLB advances	2015-2041	0.05% - 6.87%		41	44
Notes associated with consolidated VIE:
Automobile loan securitization:
Fixed-rate notes	2015-2021	0.19% - 1.47%		3,434	1,048
Other	2015-2039	Varies		148	172
Total			$	14,967	9,633

• Qualify as Tier II capital for regulatory capital purposes.
• Qualify as Tier I capital for regulatory capital purposes. Refer to Note 28 for further information.

Schedule Of Long Term Debt Maturities

The Bancorp pays down long-term debt in accordance with contractual terms over maturity periods summarized in the above table. The aggregate annual maturities of long-term debt obligations (based on final maturity dates) as of December 31, 2014, are presented in the following table

($ in millions)		Parent	Subsidiaries	Total
2015	$	-	702	702
2016		1,250	2,768	4,018
2017		539	1,942	2,481
2018		544	1,407	1,951
2019		499	1,199	1,698
Thereafter		2,562	1,555	4,117
Total	$	5,394	9,573	14,967