Related Party Transactions (Tables)

12 Months Ended

Dec. 31, 2017

Summary of the Bancorp's Activities with its Principal Shareholders, Directors and Executives

The following table summarizes the Bancorp’s lending activities with its principal shareholders, directors, executives and their related interests at December 31:

($ in millions)		2017	2016
Commitments to lend, net of participations:
Directors and their affiliated companies	$	546	618
Executive officers		6	4
Total	$	552	622

Outstanding balance on loans, net of participations and undrawn commitments	$	20	54

Summary Vantiv Holding, LLC Sales Transactions

The following table provides a summary of the sales transactions that impacted the Bancorp's ownership interest in Vantiv Holding, LLC after the initial IPO:

			Remaining Ownership
($ in millions)		Gain on Sale	Percentage^(a)
Q4 2012	$	157	33.1	%
Q2 2013		242	27.7
Q3 2013		85	25.1
Q2 2014		125	22.8
Q4 2015		331	18.3
Q3 2017		1,037	8.6

(a) The Bancorp’s remaining investment in Vantiv Holding, LLC of $219 as of December 31, 2017 was accounted for as an equity method investment in the Bancorp’s Consolidated Financial Statements.

Summary of Estimated Cash Flows to be Received from the TRA

The following table provides the estimated cash flows to be received as of December 31, 2017 associated with the TRA for the years ending December 31, 2018 and thereafter:

		Cash Flows to be Received	Estimated Cash Flows to
		from Put/Call Option	be Received not Subject
($ in millions)		Exercises (Fixed Amounts)^(b)	to Put/Call Option^(a)
2018		108	44
2019		-	20
2020		-	25
2021		-	26
2022		-	26
2023		-	27
2024		-	27
2025		-	28
2026		-	29
Thereafter		-	279
Total	$	108	531

(a) The 2018 cash flow of $44 has been agreed upon with Vantiv, Inc. (now Worldpay, Inc.), for settlement in January 2018 and was recognized as a gain in other noninterest income during the fourth quarter of 2017. The remaining estimated cash flows in this column (which include TRA benefits associated with the net exercise of the warrant in 2016 and the subsequent exchange of Vantiv Holding units in the third quarter of 2017) will be recognized in future periods when the related uncertainties are resolved.

(b) As part of the agreement the Bancorp entered into with Vantiv, Inc. on July 27, 2016, Vantiv, Inc. made payments to the Bancorp of $63 during the year ended December 31, 2017 and may be obligated to pay a total of approximately $108 to the Bancorp to terminate certain remaining TRA cash flows, initially estimated to be $394, upon the exercise of certain call options by Vantiv, Inc. (now Worldpay, Inc.), or certain put options by the Bancorp.