Related Party Transactions (Tables)

12 Months Ended

Dec. 31, 2019

Related Party Transactions

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)	2019		2018
Commitments to lend, net of participations:
Directors and their affiliated companies	$	736		700
Executive officers		5		6
Total	$	741		706
Outstanding balance on loans, net of participations and undrawn commitments	$	49		10

Summary of Related Party Sales Transactions

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

($ in millions)		Gain on Transactions	Remaining Ownership   Percentage
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
Q1 2018		414	4.9
Q2 2018		205	3.3
Q1 2019		562	-

Summary of Estimated Cash Flows to be Received from the TRA

The following table provides the estimated cash flows expected to be received subsequent to December 31, 2019 associated with the TRA for the years ending December 31, 2020 and thereafter:

($ in millions)		Cash Flows to be   Received from Put/Call   Options Exercised in   the First Quarter of 2020	Cash Flows to be   Received from Put/Call   Options Expected to be   Exercised	Estimated Cash Flows to      be Received not Subject      to Put/Call Option(a)
2020	$	31		1
2021		11		73
2022			139	44
2023			150	45
2024			35	22
2025				11
Total	$	42	324	196

(a) The 2020 cash flow of $1 million was agreed upon with Worldpay, Inc. and recognized as a gain in other noninterest income during the fourth quarter of 2019 with payment received by the Bancorp in January 2020. The remaining estimated cash flows in this column will be recognized in future periods when the related uncertainties are resolved.