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Retirement and Benefit Plans (Defined Benefit Retirement Plans with Overfunded and Underfunded Status) (Detail) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Defined Benefit Plan Change In Fair Value Roll Forward      
Fair value of plan assets at January 1 [1] $ 164    
Fair value of plan assets at December 31 [1] 175 $ 164  
Defined Benefit Plan, Change in Benefit Obligation      
Projected benefit obligation at January 1 181 21  
Interest cost 7 7 $ 8
Projected benefit obligation at December 31   181 21
Underfunded defined benefit pension plans      
Defined Benefit Plan Change In Fair Value Roll Forward      
Fair value of plan assets at January 1 164    
Actual return on assets 26 0  
Contributions 2 3  
Settlement (9) 0  
Benefits paid (8) (3)  
Fair value of plan assets at December 31 175 164  
Defined Benefit Plan, Change in Benefit Obligation      
Projected benefit obligation at January 1 18    
Interest cost 7 1  
Settlement (9) 0  
Actuarial (gain) loss 23 (1)  
Benefits paid (8) (3)  
Projected benefit obligation at December 31 194 18  
Projected benefit obligation at December 31 (19) (18)  
Accumulated benefit obligation at December 31 [2] 194 18  
Overfunded defined benefit pension plans      
Defined Benefit Plan Change In Fair Value Roll Forward      
Fair value of plan assets at January 1 [3] 164 185  
Actual return on assets [3]   (6)  
Settlement [3]   (9)  
Benefits paid [3]   (6)  
Fair value of plan assets at December 31 [3]   164 185
Defined Benefit Plan, Change in Benefit Obligation      
Projected benefit obligation at January 1 [3] $ 163 188  
Interest cost [3]   6  
Settlement [3]   (9)  
Actuarial (gain) loss [3]   (16)  
Benefits paid [3]   (6)  
Projected benefit obligation at December 31 [3]   163 $ 188
Projected benefit obligation at December 31 [3]   1  
Accumulated benefit obligation at December 31 [3]   $ 163  
[1] For further information on fair value hierarchy levels, refer to Note 1.
[2] Since the Plan’s benefits are frozen, the rate of compensation increase is no longer an assumption used to calculate the accumulated benefit obligation. Therefore, the accumulated benefit obligation was the same as the projected benefit obligation at both December 31, 2019 and 2018.
[3] The Bancorp’s qualified defined benefit plan had an underfunded status at December 31, 2019 and is reflected in the underfunded status table. The Plan had an overfunded status at December 31, 2018.