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Credit Quality and the Allowance for Loan and Lease Losses - Summary of the Credit Risk Profile of the Bancorp's Residential Mortgage and Consumer Portfolio Segments by Class (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Dec. 31, 2023
Financing Receivable, Modifications          
Total portfolio loans and leases [1] $ 116,668   $ 116,668   $ 117,234
Residential Mortgage          
Financing Receivable, Modifications          
Residential mortgage loans 114 $ 113 114 $ 113 116
Residential Mortgage | Federal Housing Administration Loan          
Financing Receivable, Modifications          
Losses due to claim denials and curtailments 0 $ 1 1 $ 2  
Residential Mortgage | 30-89 days past due          
Financing Receivable, Modifications          
Residential mortgage loans         1
Residential Mortgage | 30-89 days past due | Federal Housing Administration Loan          
Financing Receivable, Modifications          
Total portfolio loans and leases 85   85   79
Residential Mortgage | 90 days or more past due | Federal Housing Administration Loan          
Financing Receivable, Modifications          
Total portfolio loans and leases 141   141   141
Residential Mortgage | Nonperforming          
Financing Receivable, Modifications          
Residential mortgage loans 1   1   2
Residential Mortgage | 30-89 days past due          
Financing Receivable, Modifications          
Residential mortgage loans 1   1    
Residential Mortgage | Residential mortgage loans          
Financing Receivable, Modifications          
Year One 1,282   1,282   995
Year Two 1,016   1,016   3,149
Year Three 3,009   3,009   5,014
Year Four 4,697   4,697   2,714
Year Five 2,544   2,544   949
Prior 4,504   4,504   4,089
Revolving Loans 0   0   0
Revolving Loans Converted to Term Loans 0   0   0
Total portfolio loans and leases 17,052   17,052   16,910
Residential Mortgage | Residential mortgage loans | Performing | Current          
Financing Receivable, Modifications          
Year One 1,281   1,281   995
Year Two 1,014   1,014   3,139
Year Three 2,995   2,995   5,001
Year Four 4,678   4,678   2,703
Year Five 2,533   2,533   943
Prior 4,386   4,386   3,971
Revolving Loans 0   0   0
Revolving Loans Converted to Term Loans 0   0   0
Total portfolio loans and leases 16,887   16,887   16,752
Residential Mortgage | Residential mortgage loans | Performing | 30-89 days past due          
Financing Receivable, Modifications          
Year One 1   1   0
Year Two 0   0   3
Year Three 5   5   6
Year Four 7   7   5
Year Five 2   2   1
Prior 12   12   14
Revolving Loans 0   0   0
Revolving Loans Converted to Term Loans 0   0   0
Total portfolio loans and leases 27   27   29
Residential Mortgage | Residential mortgage loans | Performing | 90 days or more past due          
Financing Receivable, Modifications          
Year One 0   0   0
Year Two 0   0   1
Year Three 1   1   1
Year Four 3   3   1
Year Five 1   1   1
Prior 3   3   3
Revolving Loans 0   0   0
Revolving Loans Converted to Term Loans 0   0   0
Total portfolio loans and leases 8   8   7
Residential Mortgage | Residential mortgage loans | Nonperforming          
Financing Receivable, Modifications          
Year One 0   0   0
Year Two 2   2   6
Year Three 8   8   6
Year Four 9   9   5
Year Five 8   8   4
Prior 103   103   101
Revolving Loans 0   0   0
Revolving Loans Converted to Term Loans 0   0   0
Total portfolio loans and leases 130   130   122
Consumer          
Financing Receivable, Modifications          
Total portfolio loans and leases 45,538   45,538   44,488
Consumer | Residential mortgage loans          
Financing Receivable, Modifications          
Total portfolio loans and leases 17,166   17,166   17,026
Consumer | Home equity          
Financing Receivable, Modifications          
Year One 115   115   84
Year Two 71   71   41
Year Three 36   36   2
Year Four 2   2   6
Year Five 5   5   11
Prior 99   99   100
Revolving Loans 3,676   3,676   3,624
Revolving Loans Converted to Term Loans 70   70   48
Total portfolio loans and leases 4,074   4,074   3,916
Consumer | Home equity | Performing | Current          
Financing Receivable, Modifications          
Year One 115   115   84
Year Two 71   71   41
Year Three 36   36   2
Year Four 2   2   6
Year Five 5   5   11
Prior 90   90   92
Revolving Loans 3,602   3,602   3,549
Revolving Loans Converted to Term Loans 63   63   46
Total portfolio loans and leases 3,984   3,984   3,831
Consumer | Home equity | Performing | 30-89 days past due          
Financing Receivable, Modifications          
Year One 0   0   0
Year Two 0   0   0
Year Three 0   0   0
Year Four 0   0   0
Year Five 0   0   0
Prior 2   2   2
Revolving Loans 20   20   25
Revolving Loans Converted to Term Loans 1   1   1
Total portfolio loans and leases 23   23   28
Consumer | Home equity | Performing | 90 days or more past due          
Financing Receivable, Modifications          
Year One 0   0   0
Year Two 0   0   0
Year Three 0   0   0
Year Four 0   0   0
Year Five 0   0   0
Prior 0   0   0
Revolving Loans 0   0   0
Revolving Loans Converted to Term Loans 0   0   0
Total portfolio loans and leases 0   0   0
Consumer | Home equity | Nonperforming          
Financing Receivable, Modifications          
Year One 0   0   0
Year Two 0   0   0
Year Three 0   0   0
Year Four 0   0   0
Year Five 0   0   0
Prior 7   7   6
Revolving Loans 54   54   50
Revolving Loans Converted to Term Loans 6   6   1
Total portfolio loans and leases 67   67   57
Consumer | Indirect secured consumer loans          
Financing Receivable, Modifications          
Year One 5,241   5,241   4,152
Year Two 3,149   3,149   4,393
Year Three 3,404   3,404   3,974
Year Four 2,760   2,760   1,552
Year Five 935   935   612
Prior 453   453   282
Revolving Loans 0   0   0
Revolving Loans Converted to Term Loans 0   0   0
Total portfolio loans and leases 15,942   15,942   14,965
Consumer | Indirect secured consumer loans | Performing | Current          
Financing Receivable, Modifications          
Year One 5,228   5,228   4,126
Year Two 3,117   3,117   4,333
Year Three 3,347   3,347   3,925
Year Four 2,721   2,721   1,527
Year Five 917   917   597
Prior 440   440   271
Revolving Loans 0   0   0
Revolving Loans Converted to Term Loans 0   0   0
Total portfolio loans and leases 15,770   15,770   14,779
Consumer | Indirect secured consumer loans | Performing | 30-89 days past due          
Financing Receivable, Modifications          
Year One 11   11   22
Year Two 23   23   49
Year Three 40   40   40
Year Four 27   27   19
Year Five 13   13   12
Prior 8   8   8
Revolving Loans 0   0   0
Revolving Loans Converted to Term Loans 0   0   0
Total portfolio loans and leases 122   122   150
Consumer | Indirect secured consumer loans | Performing | 90 days or more past due          
Financing Receivable, Modifications          
Year One 0   0   0
Year Two 0   0   0
Year Three 0   0   0
Year Four 0   0   0
Year Five 0   0   0
Prior 0   0   0
Revolving Loans 0   0   0
Revolving Loans Converted to Term Loans 0   0   0
Total portfolio loans and leases 0   0   0
Consumer | Indirect secured consumer loans | Nonperforming          
Financing Receivable, Modifications          
Year One 2   2   4
Year Two 9   9   11
Year Three 17   17   9
Year Four 12   12   6
Year Five 5   5   3
Prior 5   5   3
Revolving Loans 0   0   0
Revolving Loans Converted to Term Loans 0   0   0
Total portfolio loans and leases 50   50   36
Consumer | Credit card          
Financing Receivable, Modifications          
Year One 0   0   0
Year Two 0   0   0
Year Three 0   0   0
Year Four 0   0   0
Year Five 0   0   0
Prior 0   0   0
Revolving Loans 1,703   1,703   1,865
Revolving Loans Converted to Term Loans 0   0   0
Total portfolio loans and leases 1,703   1,703   1,865
Consumer | Credit card | Performing | Current          
Financing Receivable, Modifications          
Year One 0   0   0
Year Two 0   0   0
Year Three 0   0   0
Year Four 0   0   0
Year Five 0   0   0
Prior 0   0   0
Revolving Loans 1,634   1,634   1,789
Revolving Loans Converted to Term Loans 0   0   0
Total portfolio loans and leases 1,634   1,634   1,789
Consumer | Credit card | Performing | 30-89 days past due          
Financing Receivable, Modifications          
Year One 0   0   0
Year Two 0   0   0
Year Three 0   0   0
Year Four 0   0   0
Year Five 0   0   0
Prior 0   0   0
Revolving Loans 20   20   21
Revolving Loans Converted to Term Loans 0   0   0
Total portfolio loans and leases 20   20   21
Consumer | Credit card | Performing | 90 days or more past due          
Financing Receivable, Modifications          
Year One 0   0   0
Year Two 0   0   0
Year Three 0   0   0
Year Four 0   0   0
Year Five 0   0   0
Prior 0   0   0
Revolving Loans 18   18   21
Revolving Loans Converted to Term Loans 0   0   0
Total portfolio loans and leases 18   18   21
Consumer | Credit card | Nonperforming          
Financing Receivable, Modifications          
Year One 0   0   0
Year Two 0   0   0
Year Three 0   0   0
Year Four 0   0   0
Year Five 0   0   0
Prior 0   0   0
Revolving Loans 31   31   34
Revolving Loans Converted to Term Loans 0   0   0
Total portfolio loans and leases 31   31   34
Consumer | Solar energy installation loans          
Financing Receivable, Modifications          
Year One 694   694   2,456
Year Two 2,196   2,196   1,228
Year Three 1,152   1,152   2
Year Four 2   2   0
Year Five 0   0   0
Prior 34   34   42
Revolving Loans 0   0   0
Revolving Loans Converted to Term Loans 0   0   0
Total portfolio loans and leases 4,078   4,078   3,728
Consumer | Solar energy installation loans | Performing | Current          
Financing Receivable, Modifications          
Year One 692   692   2,415
Year Two 2,154   2,154   1,192
Year Three 1,115   1,115   2
Year Four 2   2   0
Year Five 0   0   0
Prior 34   34   41
Revolving Loans 0   0   0
Revolving Loans Converted to Term Loans 0   0   0
Total portfolio loans and leases 3,997   3,997   3,650
Consumer | Solar energy installation loans | Performing | 30-89 days past due          
Financing Receivable, Modifications          
Year One 1   1   12
Year Two 8   8   6
Year Three 8   8   0
Year Four 0   0   0
Year Five 0   0   0
Prior 0   0   0
Revolving Loans 0   0   0
Revolving Loans Converted to Term Loans 0   0   0
Total portfolio loans and leases 17   17   18
Consumer | Solar energy installation loans | Performing | 90 days or more past due          
Financing Receivable, Modifications          
Year One 0   0   0
Year Two 0   0   0
Year Three 0   0   0
Year Four 0   0   0
Year Five 0   0   0
Prior 0   0   0
Revolving Loans 0   0   0
Revolving Loans Converted to Term Loans 0   0   0
Total portfolio loans and leases 0   0   0
Consumer | Solar energy installation loans | Nonperforming          
Financing Receivable, Modifications          
Year One 1   1   29
Year Two 34   34   30
Year Three 29   29   0
Year Four 0   0   0
Year Five 0   0   0
Prior 0   0   1
Revolving Loans 0   0   0
Revolving Loans Converted to Term Loans 0   0   0
Total portfolio loans and leases 64   64   60
Consumer | Other consumer loans          
Financing Receivable, Modifications          
Year One 165   165   518
Year Two 395   395   724
Year Three 565   565   333
Year Four 247   247   249
Year Five 188   188   104
Prior 164   164   156
Revolving Loans 813   813   861
Revolving Loans Converted to Term Loans 38   38   43
Total portfolio loans and leases 2,575   2,575   2,988
Consumer | Other consumer loans | Performing | Current          
Financing Receivable, Modifications          
Year One 164   164   511
Year Two 388   388   703
Year Three 552   552   328
Year Four 243   243   246
Year Five 187   187   101
Prior 160   160   154
Revolving Loans 809   809   859
Revolving Loans Converted to Term Loans 38   38   41
Total portfolio loans and leases 2,541   2,541   2,943
Consumer | Other consumer loans | Performing | 30-89 days past due          
Financing Receivable, Modifications          
Year One 1   1   5
Year Two 5   5   15
Year Three 9   9   4
Year Four 3   3   2
Year Five 1   1   2
Prior 3   3   2
Revolving Loans 3   3   2
Revolving Loans Converted to Term Loans 0   0   1
Total portfolio loans and leases 25   25   33
Consumer | Other consumer loans | Performing | 90 days or more past due          
Financing Receivable, Modifications          
Year One 0   0   0
Year Two 0   0   0
Year Three 0   0   0
Year Four 0   0   0
Year Five 0   0   0
Prior 0   0   0
Revolving Loans 0   0   0
Revolving Loans Converted to Term Loans 0   0   0
Total portfolio loans and leases 0   0   0
Consumer | Other consumer loans | Nonperforming          
Financing Receivable, Modifications          
Year One 0   0   2
Year Two 2   2   6
Year Three 4   4   1
Year Four 1   1   1
Year Five 0   0   1
Prior 1   1   0
Revolving Loans 1   1   0
Revolving Loans Converted to Term Loans 0   0   1
Total portfolio loans and leases 9   9   12
Residential Mortgage and Consumer          
Financing Receivable, Modifications          
Year One 7,497   7,497   8,205
Year Two 6,827   6,827   9,535
Year Three 8,166   8,166   9,325
Year Four 7,708   7,708   4,521
Year Five 3,672   3,672   1,676
Prior 5,254   5,254   4,669
Revolving Loans 6,192   6,192   6,350
Revolving Loans Converted to Term Loans 108   108   91
Total portfolio loans and leases 45,424   45,424   44,372
Residential Mortgage and Consumer | Performing | Current          
Financing Receivable, Modifications          
Year One 7,480   7,480   8,131
Year Two 6,744   6,744   9,408
Year Three 8,045   8,045   9,258
Year Four 7,646   7,646   4,482
Year Five 3,642   3,642   1,652
Prior 5,110   5,110   4,529
Revolving Loans 6,045   6,045   6,197
Revolving Loans Converted to Term Loans 101   101   87
Total portfolio loans and leases 44,813   44,813   43,744
Residential Mortgage and Consumer | Performing | 30-89 days past due          
Financing Receivable, Modifications          
Year One 14   14   39
Year Two 36   36   73
Year Three 62   62   50
Year Four 37   37   26
Year Five 16   16   15
Prior 25   25   26
Revolving Loans 43   43   48
Revolving Loans Converted to Term Loans 1   1   2
Total portfolio loans and leases 234   234   279
Residential Mortgage and Consumer | Performing | 90 days or more past due          
Financing Receivable, Modifications          
Year One 0   0   0
Year Two 0   0   1
Year Three 1   1   1
Year Four 3   3   1
Year Five 1   1   1
Prior 3   3   3
Revolving Loans 18   18   21
Revolving Loans Converted to Term Loans 0   0   0
Total portfolio loans and leases 26   26   28
Residential Mortgage and Consumer | Nonperforming          
Financing Receivable, Modifications          
Year One 3   3   35
Year Two 47   47   53
Year Three 58   58   16
Year Four 22   22   12
Year Five 13   13   8
Prior 116   116   111
Revolving Loans 86   86   84
Revolving Loans Converted to Term Loans 6   6   2
Total portfolio loans and leases $ 351   $ 351   $ 321
[1] Includes $50 and $55 of other short-term investments, $1,131 and $1,573 of portfolio loans and leases, $(21) and $(28) of ALLL, $8 and $10 of other assets, $13 and $14 of other liabilities and $1,008 and $1,409 of long-term debt from consolidated VIEs that are included in their respective captions above at September 30, 2024 and December 31, 2023, respectively. For further information, refer to Note 12.