Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2019

Intangible Assets

Intangible Assets

 The details of the Bancorp’s intangible assets are shown in the following table:

($ in millions)	Gross Carrying             Amount		Accumulated Amortization		Net Carrying Amount
As of December 31, 2019
Core deposit intangibles	$	229		(70)		159
Customer relationships		29		(6)		23
Operating leases		23		(9)		14
Non-compete agreements		13		(11)		2
Other		4		(1)		3
Total intangible assets	$	298		(97)		201
As of December 31, 2018
Core deposit intangibles	$	34		(30)		4
Customer relationships		32		(3)		29
Non-compete agreements		14		(11)		3
Other		7		(3)		4
Total intangible assets	$	87		(47)		40

Estimated Amortization Expense

Estimated amortization expense for the years ending December 31, 2020 through 2024 is as follows:

($ in millions)	Total
2020	$	56
2021		43
2022		34
2023		24
2024		16