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Commitments, Contingent Liabilities and Guarantees (Tables)
 9 Months Ended
Sep. 30, 2025
Commitments and Contingencies Disclosure [Abstract]  
Summary of Significant Commitments The following table reflects a summary of significant commitments as of:
($ in millions)September 30,
2025		December 31,
2024
Commitments to extend credit$82,736 80,680 
Letters of credit2,102 1,952 
Forward contracts related to residential mortgage loans measured at fair value1,412 881 
Capital commitments for private equity investments258 219 
Capital expenditures165 80 
Purchase obligations6 27 
Credit Risk Associated with Commitments
Risk ratings of outstanding commitments to extend credit under this risk rating system are summarized in the following table as of:
($ in millions)September 30,
2025		December 31,
2024
Pass$81,006 78,734 
Special mention701 850 
Substandard987 1,095 
Doubtful42 1 
Total commitments to extend credit$82,736 80,680 
Standby and Commercial Letters of Credit, Conditional Commitments Issued to Guarantee the Performance of a Customer to a Third Party
Standby and commercial letters of credit are conditional commitments issued to guarantee the performance of a customer to a third party and expire as summarized in the following table as of September 30, 2025:
($ in millions)
Less than 1 year(a)
$1,173 
1 - 5 years(a)
928 
Over 5 years1 
Total letters of credit$2,102 
(a)Includes $12 issued on behalf of commercial customers to facilitate trade payments in U.S. dollars and foreign currencies which expire in less than 1 year and $2 that expire between 1 - 5 years.
Credit Risk Associated with Letters of Credit
Risk ratings of outstanding letters of credit under this risk rating system are summarized in the following table as of:
($ in millions)September 30,
2025		December 31,
2024
Pass$1,956 1,779 
Special mention36 60 
Substandard106 110 
Doubtful4 3 
Total letters of credit$2,102 1,952 
Visa Funding and Bancorp Cash Payments
After the Bancorp’s sale of the Class B Shares, Visa has funded additional amounts into the litigation escrow account which have resulted in further dilutive adjustments to the conversion of Class B Shares into Class A Shares, and along with other terms of the total return swap, required the Bancorp to make cash payments in varying amounts to the swap counterparty as follows:
Period ($ in millions)Visa
Funding Amount		Bancorp Cash
Payment Amount
Q2 2010$500 20 
Q4 2010800 35 
Q2 2011400 19 
Q1 20121,565 75 
Q3 2012150 6 
Q3 2014450 18 
Q2 2018600 26 
Q3 2019300 12 
Q4 2021250 11 
Q2 2022600 25 
Q4 2022350 15 
Q2 2023500 21 
Q3 2023150 6 
Q3 20241,500 65 
Q1 2025375 15 
Q3 2025500 (a)
(a)The Bancorp made a cash payment of $21 million to the swap counterparty on October 6, 2025 as a result of the Visa escrow funding in the third quarter of 2025.