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Credit Quality and the Allowance for Loan and Lease Losses - Summary of the Credit Risk Profile of the Bancorp's Commercial Portfolio Segment by Class (Details) - USD ($)
$ in Millions
Jun. 30, 2024
Dec. 31, 2023
Financing Receivable, Modifications    
Total portfolio loans and leases [1] $ 116,579 $ 117,234
Commercial    
Financing Receivable, Modifications    
Year One 2,915 5,105
Year Two 4,315 6,197
Year Three 5,340 3,499
Year Four 3,022 1,650
Year Five 1,458 1,099
Prior 2,288 1,730
Revolving Loans 52,445 53,466
Total portfolio loans and leases 71,783 72,746
Commercial | Pass    
Financing Receivable, Modifications    
Year One 2,733 4,649
Year Two 4,016 5,759
Year Three 4,908 3,328
Year Four 2,863 1,579
Year Five 1,401 990
Prior 2,001 1,494
Revolving Loans 48,196 49,710
Total portfolio loans and leases 66,118 67,509
Commercial | Special mention    
Financing Receivable, Modifications    
Year One 75 158
Year Two 91 298
Year Three 278 90
Year Four 40 38
Year Five 6 20
Prior 106 121
Revolving Loans 1,850 2,056
Total portfolio loans and leases 2,446 2,781
Commercial | Substandard    
Financing Receivable, Modifications    
Year One 107 298
Year Two 208 140
Year Three 154 81
Year Four 119 33
Year Five 51 89
Prior 181 115
Revolving Loans 2,379 1,694
Total portfolio loans and leases 3,199 2,450
Commercial | Doubtful    
Financing Receivable, Modifications    
Year One 0 0
Year Two 0 0
Year Three 0 0
Year Four 0 0
Year Five 0 0
Prior 0 0
Revolving Loans 20 6
Total portfolio loans and leases 20 6
Commercial | Commercial and industrial loans    
Financing Receivable, Modifications    
Year One 1,424 2,245
Year Two 1,890 3,637
Year Three 2,988 1,902
Year Four 1,652 631
Year Five 574 308
Prior 655 499
Revolving Loans 42,657 44,048
Total portfolio loans and leases 51,840 53,270
Commercial | Commercial and industrial loans | Pass    
Financing Receivable, Modifications    
Year One 1,357 2,124
Year Two 1,763 3,434
Year Three 2,761 1,814
Year Four 1,552 580
Year Five 532 263
Prior 479 321
Revolving Loans 39,476 40,889
Total portfolio loans and leases 47,920 49,425
Commercial | Commercial and industrial loans | Special mention    
Financing Receivable, Modifications    
Year One 32 16
Year Two 62 100
Year Three 117 60
Year Four 20 33
Year Five 3 6
Prior 77 105
Revolving Loans 1,334 1,756
Total portfolio loans and leases 1,645 2,076
Commercial | Commercial and industrial loans | Substandard    
Financing Receivable, Modifications    
Year One 35 105
Year Two 65 103
Year Three 110 28
Year Four 80 18
Year Five 39 39
Prior 99 73
Revolving Loans 1,827 1,397
Total portfolio loans and leases 2,255 1,763
Commercial | Commercial and industrial loans | Doubtful    
Financing Receivable, Modifications    
Year One 0 0
Year Two 0 0
Year Three 0 0
Year Four 0 0
Year Five 0 0
Prior 0 0
Revolving Loans 20 6
Total portfolio loans and leases 20 6
Commercial | Commercial mortgage owner-occupied loans    
Financing Receivable, Modifications    
Year One 404 931
Year Two 918 1,123
Year Three 995 775
Year Four 714 418
Year Five 363 270
Prior 456 270
Revolving Loans 1,566 1,413
Total portfolio loans and leases 5,416 5,200
Commercial | Commercial mortgage owner-occupied loans | Pass    
Financing Receivable, Modifications    
Year One 324 870
Year Two 873 1,078
Year Three 963 746
Year Four 659 408
Year Five 355 219
Prior 390 260
Revolving Loans 1,461 1,279
Total portfolio loans and leases 5,025 4,860
Commercial | Commercial mortgage owner-occupied loans | Special mention    
Financing Receivable, Modifications    
Year One 32 30
Year Two 26 23
Year Three 5 18
Year Four 17 0
Year Five 0 6
Prior 19 0
Revolving Loans 6 20
Total portfolio loans and leases 105 97
Commercial | Commercial mortgage owner-occupied loans | Substandard    
Financing Receivable, Modifications    
Year One 48 31
Year Two 19 22
Year Three 27 11
Year Four 38 10
Year Five 8 45
Prior 47 10
Revolving Loans 99 114
Total portfolio loans and leases 286 243
Commercial | Commercial mortgage owner-occupied loans | Doubtful    
Financing Receivable, Modifications    
Year One 0 0
Year Two 0 0
Year Three 0 0
Year Four 0 0
Year Five 0 0
Prior 0 0
Revolving Loans 0 0
Total portfolio loans and leases 0 0
Commercial | Commercial mortgage nonowner-occupied loans    
Financing Receivable, Modifications    
Year One 328 1,078
Year Two 911 992
Year Three 901 269
Year Four 226 350
Year Five 309 293
Prior 496 247
Revolving Loans 2,842 2,847
Total portfolio loans and leases 6,013 6,076
Commercial | Commercial mortgage nonowner-occupied loans | Pass    
Financing Receivable, Modifications    
Year One 300 886
Year Two 855 825
Year Three 743 261
Year Four 226 348
Year Five 308 293
Prior 493 243
Revolving Loans 2,581 2,724
Total portfolio loans and leases 5,506 5,580
Commercial | Commercial mortgage nonowner-occupied loans | Special mention    
Financing Receivable, Modifications    
Year One 9 111
Year Two 3 166
Year Three 154 0
Year Four 0 2
Year Five 1 0
Prior 1 2
Revolving Loans 63 81
Total portfolio loans and leases 231 362
Commercial | Commercial mortgage nonowner-occupied loans | Substandard    
Financing Receivable, Modifications    
Year One 19 81
Year Two 53 1
Year Three 4 8
Year Four 0 0
Year Five 0 0
Prior 2 2
Revolving Loans 198 42
Total portfolio loans and leases 276 134
Commercial | Commercial mortgage nonowner-occupied loans | Doubtful    
Financing Receivable, Modifications    
Year One 0 0
Year Two 0 0
Year Three 0 0
Year Four 0 0
Year Five 0 0
Prior 0 0
Revolving Loans 0 0
Total portfolio loans and leases 0 0
Commercial | Commercial construction loans    
Financing Receivable, Modifications    
Year One 26 232
Year Two 186 36
Year Three 101 78
Year Four 38 41
Year Five 41 70
Prior 34 6
Revolving Loans 5,380 5,158
Total portfolio loans and leases 5,806 5,621
Commercial | Commercial construction loans | Pass    
Financing Receivable, Modifications    
Year One 21 171
Year Two 134 36
Year Three 101 45
Year Four 38 41
Year Five 41 70
Prior 32 6
Revolving Loans 4,678 4,818
Total portfolio loans and leases 5,045 5,187
Commercial | Commercial construction loans | Special mention    
Financing Receivable, Modifications    
Year One 0 0
Year Two 0 0
Year Three 0 0
Year Four 0 0
Year Five 0 0
Prior 0 0
Revolving Loans 447 199
Total portfolio loans and leases 447 199
Commercial | Commercial construction loans | Substandard    
Financing Receivable, Modifications    
Year One 5 61
Year Two 52 0
Year Three 0 33
Year Four 0 0
Year Five 0 0
Prior 2 0
Revolving Loans 255 141
Total portfolio loans and leases 314 235
Commercial | Commercial construction loans | Doubtful    
Financing Receivable, Modifications    
Year One 0 0
Year Two 0 0
Year Three 0 0
Year Four 0 0
Year Five 0 0
Prior 0 0
Revolving Loans 0 0
Total portfolio loans and leases 0 0
Commercial | Commercial leases    
Financing Receivable, Modifications    
Year One 733 619
Year Two 410 409
Year Three 355 475
Year Four 392 210
Year Five 171 158
Prior 647 708
Revolving Loans 0 0
Total portfolio loans and leases 2,708 2,579
Commercial | Commercial leases | Pass    
Financing Receivable, Modifications    
Year One 731 598
Year Two 391 386
Year Three 340 462
Year Four 388 202
Year Five 165 145
Prior 607 664
Revolving Loans 0 0
Total portfolio loans and leases 2,622 2,457
Commercial | Commercial leases | Special mention    
Financing Receivable, Modifications    
Year One 2 1
Year Two 0 9
Year Three 2 12
Year Four 3 3
Year Five 2 8
Prior 9 14
Revolving Loans 0 0
Total portfolio loans and leases 18 47
Commercial | Commercial leases | Substandard    
Financing Receivable, Modifications    
Year One 0 20
Year Two 19 14
Year Three 13 1
Year Four 1 5
Year Five 4 5
Prior 31 30
Revolving Loans 0 0
Total portfolio loans and leases 68 75
Commercial | Commercial leases | Doubtful    
Financing Receivable, Modifications    
Year One 0 0
Year Two 0 0
Year Three 0 0
Year Four 0 0
Year Five 0 0
Prior 0 0
Revolving Loans 0 0
Total portfolio loans and leases $ 0 $ 0
[1] Includes $52 and $55 of other short-term investments, $1,272 and $1,573 of portfolio loans and leases, $(23) and $(28) of ALLL, $7 and $10 of other assets, $13 and $14 of other liabilities and $1,136 and $1,409 of long-term debt from consolidated VIEs that are included in their respective captions above at June 30, 2024 and December 31, 2023, respectively. For further information, refer to Note 11.