Fifth Third Bancorp (FITB) 10-Q 5 May 17 2017 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Mar. 31, 2017	Apr. 30, 2017
Document Entity Information
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Mar. 31, 2017
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q1
Trading Symbol	FITB
Entity Registrant Name	FIFTH THIRD BANCORP
Entity Central Index Key	35,527
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		750,269,402
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS Unaudited - USD ($) $ in Millions		Mar. 31, 2017		Dec. 31, 2016
Assets
Cash and due from banks	[1]	$ 2,205		$ 2,392
Available-for-sale and other securities	[2]	31,531		31,183
Held-to-matury securities	[3]	26		26
Trading securities		689		410
Other short-term investments		1,644		2,754
Loans held for sale	[4]	616		751
Portfolio loans and leases	[1],[5]	91,628		92,098
ALLL		(1,238)	[6]	(1,253)	[1],[7]
Portfolio loans and leases, net		90,390		90,845
Bank premises and equipment	[8]	2,052		2,065
Operating lease equipment		702		738
Goodwill		2,419		2,416
Intangible assets		11		9
Servicing rights	[9]	776		744
Other assets	[1]	7,139		7,844
Total Assets		140,200		142,177
Deposits
Noninterest-bearing deposits		35,362		35,782
Interest-bearing deposits		68,794		68,039
Total deposits		104,156		103,821
Federal funds purchased		155		132
Other short-term borrowings		2,015		3,535
Accrued taxes, interest and expenses		1,655		1,800
Other liabilities	[1]	2,104		2,269
Long-term debt	[1]	13,658		14,388
Total liabilities		123,743		125,945
Equity
Common stock	[10]	2,051		2,051
Preferred stock	[11]	1,331		1,331
Capital surplus		2,803		2,756
Retained earnings		13,625		13,441
Accumulated other comprehensive income		68		59
Treasury stock	[10]	(3,448)		(3,433)
Total Bancorp Shareholders' Equity		16,430		16,205
Noncontrolling interests		27		27
Total Equity		16,457		16,232
Total Liabilities and Equity		$ 140,200		$ 142,177
[1]	Includes $ 85 and $ 85 of cash and due from banks, $ 1,015 and $ 1,216 of portfolio loans and leases , $ (25) and $ (26) of ALLL, $ 7 and $ 9 of other assets, $ 2 and $ 3 of other liabilities , and $ 883 and $ 1,094 of long-term debt from consolidated VIEs that are included in their respective captions above at March 31, 2017 and December 31, 2016 , respectively. For further information refer to Note 10 .
[2]	Amortized cost of $ 31,348 and $ 31,024 at March 31, 2017 and December 31, 2016 , respectively.
[3]	Fair value of $ 26 and $ 26 at March 31, 2017 and December 31, 2016 , respectively.
[4]	Includes $ 606 and $ 686 of residential mortgage loans held for sale measured at fair value at March 31, 2017 and December 31, 2016 , respectively.
[5]	Includes $ 141 and $ 143 of residential mortgage loans measured at fair value at March 31, 2017 and December 31, 2016 , respectively.
[6]	Includes $ 2 related to leveraged leases at March 31, 2017 .
[7]	Includes $ 2 related to leveraged leases at December 31, 2016 .
[8]	Includes $ 51 and $ 39 of bank premises and equipment held for sale at March 31, 2017 and December 31, 2016 , respectively. For further information refer to Note 7.
[9]	Effective January 1, 2017, the Bancorp has elected the fair value measurement method for all existing classes of its r esidential mortgage servicing rights. The servicing rights were measured at fair value at March 31, 2017 and were measured under the amortization method at December 31, 2016. For further information refer to Note 11 .
[10]	Common shares: Stated value $2.22 per share; authorized 2,000,000,000 ; outstanding at March 31, 2017 – 750,144,587 (excludes 173,747,994 treasury shares), December 31, 2016 – 750,479,299 (excludes 173,413,282 treasury shares).
[11]	446,000 shares of unde signated no par value preferred stock are authorized and unissued at March 31, 2017 and December 31, 2016 ; fixed-to-floating rate non-cumulative Series H perpetual preferred stock with a $25,000 liquidation preference: 24,000 authorized shares, issued and outstanding at March 31, 2017 and December 31, 2016 ; fixed-to-floating rate non-cumulative Series I perpetual preferred stock with a $25,000 liquidation preference; 18,000 authorized shares, issued and outstanding at March 31, 2017 and December 3 1, 2016 ; and fixed-to-floating rate non-cumulative Series J perpetual preferred stock with a $25,000 liquidation preference: 12,000 authorized shares, issued and outstanding at March 31, 2017 and December 31, 2016 .

CONDENSED CONSOLIDATED BALANCE3

CONDENSED CONSOLIDATED BALANCE SHEETS Unaudited (Parenthetical) - USD ($) $ in Millions		Mar. 31, 2017		Dec. 31, 2016
Cash and due from banks	[1]	$ 2,205		$ 2,392
Portfolio loans and leases	[1],[2]	91,628		92,098
ALLL		(1,238)	[3]	(1,253)	[1],[4]
Other assets	[1]	7,139		7,844
Other liabilities	[1]	2,104		2,269
Long-term debt	[1]	13,658		14,388
Available-for-sale and other securities, amortized cost		31,348		31,024
Held-to-maturity securities, fair value		26		26
Residential mortgage loans held for sale measured at FV		606		686
Bank premises and equipment held for sale		$ 51		$ 39
Common stock, stated value		$ 2.22		$ 2.22
Common stock, authorized		2,000,000,000		2,000,000,000
Common stock, outstanding		750,144,587		750,479,299
Common stock, treasury shares		173,747,994		173,413,282
Residential Mortgage
Residential mortgage loans measured at FV		$ 141		$ 143
Variable Interest Entities
Cash and due from banks		85		85
Portfolio loans and leases		1,015		1,216
ALLL		(25)		(26)
Other assets		7		9
Other liabilities		2		3
Long-term debt		$ 883		$ 1,094
Preferred Stock
Preferred stock, authorized		446,000		446,000
Preferred stock Series H
Preferred stock, authorized		24,000		24,000
Preferred stock, liquidation preference		$ 25,000		$ 25,000
Preferred stock, issued		24,000		24,000
Preferred stock, outstanding		24,000		24,000
Preferred stock Series I
Preferred stock, authorized		18,000		18,000
Preferred stock, liquidation preference		$ 25,000		$ 25,000
Preferred stock, issued		18,000		18,000
Preferred stock, outstanding		18,000		18,000
Preferred stock Series J
Preferred stock, authorized		12,000		12,000
Preferred stock, liquidation preference		$ 25,000		$ 25,000
Preferred stock, issued		12,000		12,000
Preferred stock, outstanding		12,000		12,000
[1]	Includes $ 85 and $ 85 of cash and due from banks, $ 1,015 and $ 1,216 of portfolio loans and leases , $ (25) and $ (26) of ALLL, $ 7 and $ 9 of other assets, $ 2 and $ 3 of other liabilities , and $ 883 and $ 1,094 of long-term debt from consolidated VIEs that are included in their respective captions above at March 31, 2017 and December 31, 2016 , respectively. For further information refer to Note 10 .
[2]	Includes $ 141 and $ 143 of residential mortgage loans measured at fair value at March 31, 2017 and December 31, 2016 , respectively.
[3]	Includes $ 2 related to leveraged leases at March 31, 2017 .
[4]	Includes $ 2 related to leveraged leases at December 31, 2016 .

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF INCOME Unaudited - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	[1]
Interest Income
Interest and fees on loans and leases	$ 839	$ 804
Interest on securities	245	232
Interest on other short-term investments	2	2
Total interest income	1,086	1,038
Interest Expense
Interest on deposits	59	49
Interest on federal funds purchased	1	1
Interest on other short-term borrowings	3	3
Interest on long-term debt	90	82
Total interest expense	153	135
Net Interest Income	933	903
Provision for loan and lease losses	74	119
Net Interest Income After Provision for Loan and Lease Losses	859	784
Noninterest Income
Service charges on deposits	138	137
Wealth and asset management revenue	108	102
Corporate banking revenue	74	102
Card and processing revenue	74	79
Mortgage banking net revenue	52	78
Other noninterest income	77	136
Securities gains, net	0	3
Total noninterest income	523	637
Noninterest Expense
Salaries, wages and incentives	411	403
Employee benefits	111	100
Net occupancy expense	78	77
Technology and communications	58	56
Card and processing expense	30	35
Equipment expense	28	30
Other noninterest expense	270	285
Total noninterest expense	986	986
Income (Loss) Before Income Taxes	396	435
Applicable income tax expense	91	109
Net Income (loss)	305	326	[2]
Less: Net income attributable to noncontrolling interests	0	0
Net income attributable to Bancorp	305	326	[3]
Dividends on preferred stock	15	15	[3]
Net income (loss) available to common shareholders	$ 290	$ 311	[3]
Earnings per share - basic	$ 0.38	$ 0.4	[3]
Earnings per share - diluted	$ 0.38	$ 0.4	[3]
Average common shares outstanding- basic	747,667,521	773,564,178	[3]
Average common shares oustanding - diluted	760,809,239	777,757,934	[3]
Common stock dividends declared per share	$ 0.14	$ 0.13
[1]	A net tax deficiency of $ 1 million was reclassified from capital surplus to applicable income tax expense and average common shares outstanding – diluted were adjusted at March 31, 2016, related to the early adoption of ASU 2016-09 during the fourth quarter of 2016, with an effective date of January 1, 2016.
[2]	A net tax deficiency of $1 million was reclassified from capital surplus to applicable income tax expense at March 31, 2016, related to the early adop tion of ASU 2016-09 during the fourth quarter of 2016, with an effective date of January 1, 2016.
[3]	A net tax deficiency of $1 million was reclassified from capital surplus to applicable income tax expense and average common shares outstanding – diluted were adjusted at March 31, 2016, related to the early adoption of ASU 2016-09 during the fourth quarter of 2016, with an effective date of January 1, 2016 .

CONDENSED CONSOLIDATED STATEME5

CONDENSED CONSOLIDATED STATEMENTS OF INCOME Unaudited (Parenthetical) $ in Millions	3 Months Ended
	Mar. 31, 2016USD ($)
Income Statement
Net tax deficiency reclassified from capital surplus to applicable income tax expense	$ 1

CONDENSED CONSOLIDATED STATEME6

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME Unaudited - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	[1]
Statement Of Income And Comprehensive Income
Net income (loss)	$ 305	$ 326	[2]
Other Comprehensive Income (Loss), Net of Tax
Unrealized holding gains (losses) on available-for-sale securities arising during period	15	452
Reclassification adjustment for net (gains) losses included in net income	1	(5)
Unrealized holding gains (losses) on cash flow hedge derivatives arising during period	(3)	48
Reclassification adjustment for net gains on cash flow hedge derivatives included in net income	(5)	(9)
Reclassification of amounts to net periodic benefit costs	1	1
Other comprehensive income (loss), Net of Tax	9	487
Comprehensive income	314	813
Comprehensive income attributable to noncontrolling interests	0	0
Comprehensive income attributable to Bancorp	$ 314	$ 813
[1]	A net tax deficiency of $1 million was reclassified from capital surplus to applicable income tax expense at March 31, 2016, related to the early adop tion of ASU 2016-09 during the fourth quarter of 2016, with an effective date of January 1, 2016.
[2]	A net tax deficiency of $ 1 million was reclassified from capital surplus to applicable income tax expense and average common shares outstanding – diluted were adjusted at March 31, 2016, related to the early adoption of ASU 2016-09 during the fourth quarter of 2016, with an effective date of January 1, 2016.

CONDENSED CONSOLIDATED STATEME7

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME Unaudited (Parenthetical) $ in Millions	3 Months Ended
	Mar. 31, 2016USD ($)
Statement Of Income And Comprehensive Income
Net tax deficiency reclassified from capital surplus to applicable income tax expense	$ 1

CONDENSED CONSOLIDATED STATEME8

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY Unaudited - USD ($) $ in Millions		Total		Common Stock	Preferred Stock	Capital Surplus		Retained Earnings		Accumulated Other Comprehensive Income(Loss)	Treasury Stock	Total Bancorp Shareholders' Equity	Non- Controlling Interest
Beginning Balance at Dec. 31, 2015		$ 15,870		$ 2,051	$ 1,331	$ 2,666	[1]	$ 12,358	[1]	$ 197	$ (2,764)	$ 15,839	$ 31
Net income (loss)		326	[2],[3]					326	[1]			326
Other comprehensive income (loss), Net of Tax		487	[2]							487		487
Cash dividends declared:
Common stock at $0.14 in 2017 and $0.13 in 2016 per share		(100)						(100)	[1]			(100)
Preferred stock	[4]	(15)						(15)	[1]			(15)
Shares acquired for treasury		(240)				(8)	[1]				(232)	(240)
Impact of stock transactions under stock compensation plans, net		25				28	[1]				(3)	25
Other		2				1	[1]					1	1
Ending Balance at Mar. 31, 2016		16,355		2,051	1,331	2,687	[1]	12,569	[1]	684	(2,999)	16,323	32
Beginning Balance at Dec. 31, 2016		16,232		2,051	1,331	2,756		13,441		59	(3,433)	16,205	27
Net income (loss)		305						305				305
Other comprehensive income (loss), Net of Tax		9								9		9
Cash dividends declared:
Common stock at $0.14 in 2017 and $0.13 in 2016 per share		(106)						(106)				(106)
Preferred stock	[4]	(15)						(15)				(15)
Shares acquired for treasury		0				23					(23)	0
Impact of stock transactions under stock compensation plans, net		32				24					8	32
Ending Balance at Mar. 31, 2017		$ 16,457		$ 2,051	$ 1,331	$ 2,803		$ 13,625		$ 68	$ (3,448)	$ 16,430	$ 27
[1]	A net tax deficiency of $1 million was reclassified from capital surplus to applicable income tax expense at March 31, 2016, related to the early adoption of ASU 2016-09 during the fourth quarter of 2016, with an effective date of January 1, 2016.
[2]	A net tax deficiency of $1 million was reclassified from capital surplus to applicable income tax expense at March 31, 2016, related to the early adop tion of ASU 2016-09 during the fourth quarter of 2016, with an effective date of January 1, 2016.
[3]	A net tax deficiency of $ 1 million was reclassified from capital surplus to applicable income tax expense and average common shares outstanding – diluted were adjusted at March 31, 2016, related to the early adoption of ASU 2016-09 during the fourth quarter of 2016, with an effective date of January 1, 2016.
[4]	For both the three months ended March 31, 2017 and 2016 , dividends were $ 612 .50 per preferred share for Per petual Preferred Stock, Series J and $ 414.06 per preferred share for Perpetual Preferred Stock, Series I

CONDENSED CONSOLIDATED STATEME9

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY Unaudited (Parenthetical) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Common stock, per share	$ 0.14	$ 0.13	[1]
Net tax deficiency reclassified from capital surplus to applicable income tax expense		$ 1
Preferred stock Series I
Preferred stock, per share	414.06	$ 414.06
Preferred stock Series J
Preferred stock, per share	$ 612.5	$ 612.5
[1]	A net tax deficiency of $ 1 million was reclassified from capital surplus to applicable income tax expense and average common shares outstanding – diluted were adjusted at March 31, 2016, related to the early adoption of ASU 2016-09 during the fourth quarter of 2016, with an effective date of January 1, 2016.

CONDENSED CONSOLIDATED STATEM10

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS Unaudited - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2017		Mar. 31, 2016
Operating Activities
Net income	$ 305		$ 326	[1],[2]
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for (benefit from) loan and lease losses	74		119	[2]
Depreciation, amortization and accretion	89		110	[3]
Stock-based compensation expense	45		26	[3]
Provision for (benefit from) deferred income taxes	(11)		9	[3]
Securities gains, net	(1)		(1)	[3]
MSR Fair Value Adjustment	23		0	[3]
Provision for MSR impairment	0		85	[3]
Net gains on sales of loans and fair value adjustments on loans held for sale	(34)		(15)	[3]
Net losses (gains) on disposition and impairment of bank premises and equipment	(1)		1	[3]
Gain on sales of certain retail branch operations	0		(8)	[3]
Net losses on disposition and impairment of operating lease equipment	(20)		0	[3]
Proceeds from sales of loans held for sale	1,627		1,133	[3]
Loans originated for sale, net of repayments	(1,483)		(1,180)	[3]
Dividends representing return on equity method investments	9		2	[3]
Net change in:
Trading securities	(277)		(20)	[3]
Other assets	115		345	[3]
Accrued taxes, interest and expenses	(142)		(421)	[3]
Other liabilities	176		(114)	[3]
Net Cash Provided by (Used in) Operating Activities	536		395	[3]
Proceeds from sales:
Available-for-sale securities	2,191		2,677	[3]
Loans	21		7	[3]
Bank premises and equipment	6		15	[3]
Proceeds from repayments / maturities:
Available-for-sale securities	604		531	[3]
Held-to-maturity securities	0		6	[3]
Purchases:
Available-for-sale securities	(2,975)		(4,069)	[3]
Bank premises and equipment	(52)		(41)	[3]
MSRs	(29)		0
Proceeds from sale and dividends representing return of equity method investments	69		9	[3]
Net cash paid on sales of certain retail branch operations	0		(43)	[3]
Net change in:
Other short-term investments	1,110		893	[3]
Loans and leases	368		(1,119)	[3]
Operating lease equipment	(6)		(50)	[3]
Net Cash Provided by (Used in) Investing Activities	1,307		(1,184)	[3]
Net change in:
Deposits	335		(502)	[3]
Federal funds purchased	23		(17)	[3]
Other short-term borrowings	(1,520)		2,016	[3]
Dividends paid on common stock	(106)		(102)	[3]
Dividends paid on preferred stock	(38)		(15)	[3]
Proceeds from issuance of long-term debt	0		1,494	[3]
Repayment of long-term debt	(714)		(2,088)	[3]
Repurchase of treasury stock and related forward contract	0		240	[3]
Other	(10)		1	[3]
Net Cash Provided by (Used in) Financing Activities	(2,030)		547	[3]
Increase (Decrease) in Cash and Due from Banks	(187)		(242)	[3]
Cash and Due from Banks at Beginning of Period	2,392	[4]	2,540
Cash and Due from Banks at End of Period	$ 2,205	[4]	$ 2,298
[1]	A net tax deficiency of $1 million was reclassified from capital surplus to applicable income tax expense at March 31, 2016, related to the early adop tion of ASU 2016-09 during the fourth quarter of 2016, with an effective date of January 1, 2016.
[2]	A net tax deficiency of $ 1 million was reclassified from capital surplus to applicable income tax expense and average common shares outstanding – diluted were adjusted at March 31, 2016, related to the early adoption of ASU 2016-09 during the fourth quarter of 2016, with an effective date of January 1, 2016.
[3]	A net tax deficiency of $ 1 million was reclassified from capital surplus to applicable income tax expense at March 31, 2016, related to the early adoption of ASU 2016-09 during the fourth quarter of 2016, with an effective date of January 1, 2016.
[4]	Includes $ 85 and $ 85 of cash and due from banks, $ 1,015 and $ 1,216 of portfolio loans and leases , $ (25) and $ (26) of ALLL, $ 7 and $ 9 of other assets, $ 2 and $ 3 of other liabilities , and $ 883 and $ 1,094 of long-term debt from consolidated VIEs that are included in their respective captions above at March 31, 2017 and December 31, 2016 , respectively. For further information refer to Note 10 .

CONDENSED CONSOLIDATED STATEM11

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS Unaudited (Parenthetical) $ in Millions	3 Months Ended
	Mar. 31, 2016USD ($)
Statement of Cash Flows
Net tax deficiency reclassified from capital surplus to applicable income tax expense	$ 1

Basis of Presentation

Basis of Presentation	3 Months Ended
	Mar. 31, 2017
Basis of Presentation
Basis of Presentation	1 . Basis of Presentation The Condensed Consolidated Financial Statements include the accounts of the Bancorp and its majority-owned subsidiaries and VIEs in which the Bancorp has been determined to be the primary beneficiary. Other entities, including certain joint ventures, in which the Bancorp has the ability to exercise significant influence over operating and financial policies of the investee, but upon which the Bancorp does not possess control, are accounted for by the equity method and not consolidated. Those entities in which the Bancorp does not have the ability to exercise significant influence are generally carried at the lower of cost or fair value. Intercompany transactions and balances have been eliminated. In the opinion of mana gement, the unaudited Condensed Consolidated Financial Statements include all adjustments, which consist of normal recurring accruals, necessary to present fairly the results for the periods presented. In accordance with U.S. GAAP and the rules and regulat ions of the SEC for interim financial information, these statements do not include certain information and footnote disclosures required for complete annual financial statements and it is suggested that these Condensed Consolidated Financial Statements be read in conjunction with the Bancorp’s Annual Report on Form 10-K. The results of operations, comprehensive income , cash flows and changes in equity for the three months ended March 31, 2017 and 2016 are not necessarily indicative of the results to be expected for the full year. Financial information as of December 31, 2016 has been derived from the Bancorp’s Annual Report on Form 10-K . The preparation of financial statements in confor mity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Actual results could differ from those estimates.

Supplemental Cash Flow Informat

Supplemental Cash Flow Information	3 Months Ended
	Mar. 31, 2017
Supplemental Cash Flow
Supplemental Cash Flow Information	2 . Supplemental Cash Flow Information Cash payments related to interest and income taxes in addition to non-cash investing and financing activities are presented in the following table for the three months ended March 31: ($ in millions) 2017 2016 Cash Payments: Interest $ 208 191 Income taxes 18 334 Transfers: Portfolio loans to loans held for sale 5 3 Loans held for sale to portfolio loans 3 12 Portfolio loans to OREO 12 12

Accounting and Reporting Develo

Accounting and Reporting Developments	3 Months Ended
	Mar. 31, 2017
Accounting and Reporting Developments
Accounting and Reporting Developments	3 . Accounting and Reporting Developments Standards Adopted in 2017 The Bancorp adopted the following new accounting standards effective January 1, 2017: ASU 2016-05 – Derivatives and Hedging (Topic 815): Effect of Derivative Contract Novations on Existing Hedge Accounting Relationships In March 2016, the FASB issued ASU 2016-05 which clarifies that a change in counterparty in a derivative contract does not, in and of itself, represent a change in critical terms that would require discontinuation of hedge accounting provided that other hedge accou nting criteria continue to be met. The Bancorp adopted the amended guidance prospectively on January 1, 2017. The adoption did not have a material impact on the Condensed Consolidated Financial Statements. ASU 2016-06 – Derivatives and Hedging (Topic 815): Contingent Put and Call Options in Debt Instruments In March 2016, the FASB issued ASU 2016-06 which clarifies the requirements for determining when contingent put and call options embedded in debt instruments should be bifurcated from the debt instrument and accounted for separately as derivatives. A fo ur-step decision sequence should be followed in determining whether such options are clearly and closely related to the economic characteristics and risks of the debt instrument, which determines whether bifurcation is necessary. The Bancorp adopted the am ended guidance on January 1, 2017 on a modified retrospective basis. The adoption did not have a material impact on the Condensed Consolidated Financial Statements. ASU 2016-07 – Investments—Equity Method and Joint Ventures (Topic 323): Simplifying the Transition to the Equity Method of Accounting In March 2016, the FASB issu ed ASU 2016-07 to eliminate the requirement that when an investment qualifies for use of the equity method as a result of an increase in the level of ownership interest or degree of influence, an investor must adjust the investment, results of operations a nd retained earnings retroactively on a step-by-step basis as if the equity method had been in effect during all previous periods that the investment had been held. The amendments require that the equity method investor add the cost of acquiring the additi onal interest in the investee to the current basis of the investor’s previously held interest and adopt the equity method of accounting as of the date the investment becomes qualified for equity method accounting, eliminating the requirement to retrospecti vely apply the equity method of accounting back to the date of the initial investment. The Bancorp adopted the amended guidance prospectively on January 1, 2017. The adoption did not have a material impact on the Condensed Consolidated Financial Statements . ASU 2016-17 – Consolidation (Topic 810): Interests Held Through Related Parties That Are Under Common Control In October 2016, the FASB issued ASU 2016-17 which changes the accounting for the consolidation of VIEs in certain situations involving entities under common control. Specifically, the amendments change how the indirect interests held through related parties that are under common control should be included in a reporting entity’s evaluation of whether it is a primary beneficiary of a VIE. Under the amended guidance, the reporting entity is only required to include the indirect interests held through related parties that are under common control in a VIE on a proportionate basis. The Bancorp adopted the amended guidance retrospectively on January 1, 2017. The adoption did not have a material impact on the Condensed Consolidated Financial Statements. Standards Issued but Not Yet Adopted The following accounting standards were issued but not yet adopted by the Bancorp as of March 31, 2017: ASU 2014-09 – Revenue from Contracts with Customers (Topic 606) In May 2014, the FASB issued ASU 2014-09 which outlines a single comprehensive model for entities to use in accounting for revenue arising from contracts with customers and supersedes most contract revenue recognition guidance, including industry-specific guidance. The core principle of the amended guidance is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exc hange for those goods or services. Subsequent to the issuance of ASU 2014-09, the FASB has issued additional guidance to clarify certain implementation issues, including ASUs 2016-08 (Principal versus Agent Considerations), 2016-10 (Identifying Performance Obligations and Licensing), 2016-12 (Narrow-Scope Improvements and Practical Expedients), and 2016-20 (Technical Corrections and Improvements) in March, April, May and December 2016, respectively. These amendments do not change the core principles in ASU 2014-09 and the effective date and transition requirements are consistent with those in the original ASU. The Bancorp plans to adopt the amended guidance on its required effective date of January 1, 2018, using a modified retrospective approach, with the c umulative effect of initially applying the amendments recognized at the date of initial application. Because the amended guidance does not apply to revenue associated with financial instruments, including loans and securities that are accounted for under o ther U.S. GAAP, the Bancorp’s preliminary analysis suggests that the adoption of this amended guidance is not expected to have a material impact on its Condensed Consolidated Financial Statements, although the Bancorp will also be subject to expanded discl osure requirements upon adoption and the Bancorp’s revenue recognition processes for wealth and asset management revenue, corporate banking revenue, and card and processing revenue may be affected. However, there are certain areas of the amended guidance, such as credit card interchange fees and related rewards programs, which are subject to interpretation and for which the Bancorp has not made final conclusions regarding the applicability and the related impact, if any. Accordingly, the results of the Banc orp’s materiality analysis, as well as its final adoption method, may change as these conclusions are reached. ASU 2016-01 – Financial Instruments—Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities In January 2016, the FASB issued ASU 2016-01 which revises an entity’s accounting related to 1) the classification and measurement of investments in equity securities, 2) the presentation of certain fair value changes for financial liabilities measured at fair value, and 3) certain disclosure requirements associated with the fair value of financial instruments. The amendments require equity investments (except those accounted for under the equity method of accounting or those that result in consolidation of the investee) to be measured at fair value with changes in fair value recognized in net income. However, an entity may choose to measure equity investments that do not have readily determinable fair values at cost minus impairment, if any, plus or minus changes as a result of an observable price change. The amendments also simplify the impairment assessment of equity investments for which fair value is not readily determinable by requiring an entity to perform a qualitative assessment to identify impairment. If qualitative indicators are identified, the entity will be requir ed to measure the investment at fair value. For financial liabilities that an entity has elected to measure at fair value, the amendments require an entity to present separately in other comprehensive income the portion of the change in fair value that res ults from a change in instrument-specific credit risk. For public business entities, the amendments 1) eliminate the requirement to disclose the method(s) and significant assumptions used to estimate fair value for financial instruments measured at amortiz ed cost and 2) require, for disclosure purposes, the use of an exit price notion in the determination of the fair value of financial instruments. The Bancorp plans to adopt the amended guidance on its required effective date of January 1, 2018. Upon adopti on, the Bancorp will be required to make a cumulative-effect adjustment to the Condensed Consolidated Balance Sheets as of the beginning of the fiscal year of adoption. However, for equity securities without a readily determinable fair value, the guidance will be applied prospectively to all equity investments that exist as of the date of adoption. Early adoption of the amendments is not permitted with the exception of the presentation of certain fair value changes for financial liabilities measured at fair value for which early application is permitted. The Bancorp is currently in the process of evaluating the impact of the amended guidance on its Condensed Consolidated Financial Statements. ASU 2016-02 – Leases (Topic 842) In February 2016, the FASB issued ASU 2016-02 which establishes a new accounting model for leases. The amended guidance requires lessees to record lease liabilities on the lessees’ balance sheets along with corresponding right-of-use assets for all leases with terms longer than twelve months. Leases will be classified as either finance or operating, with classification affecting the pattern of expense recognition in the lessee’s statements of income. From a lessor perspective, the accounting model is largel y unchanged, except that the amended guidance includes certain targeted improvements to align, where necessary, lessor accounting with the lessee accounting model and the revenue recognition guidance in ASC Topic 606. The amendments also modify disclosure requirements for an entity’s lease arrangements. The amended guidance is effective for the Bancorp on January 1, 2019, with early adoption permitted. The amendments should be applied to each prior reporting period presented using a modified retrospective a pproach, although the amended guidance contains certain transition relief provisions that, among other things, permit an entity to elect not to reassess the classification of leases which existed or expired as of the date the amendments are effective. The Bancorp is currently in the process of developing an inventory of all leases and accumulating the lease data necessary to apply the amended guidance. The Bancorp is continuing to evaluate the impact of the amended guidance on its Condensed Consolidated Fin ancial Statements, but the effects of recognizing most operating leases on the Condensed Consolidated Balance Sheets are expected to be material. The Bancorp expects to recognize right-of-use assets and lease liabilities for substantially all of its operat ing lease commitments based on the present value of unpaid lease payments as of the date of adoption. ASU 2016-04 – Liabilities—Extinguishments of Liabilities (Subtopic 405-20): Recognition of Breakage for Certain Prepaid Stored-Value Products In March 2016, the FASB issued ASU 2016-04 which permits proportional derecognition of t he liability for unused funds on certain prepaid stored-value products (known as breakage) to the extent that it is probable that a significant reversal of the recognized breakage amount will not subsequently occur. The amendments do not apply to any prepa id stored-value products that are attached to a segregated customer deposit account, or products for which unused funds are subject to unclaimed property remittance laws. The amended guidance may be applied retrospectively to all comparable periods present ed in the year of adoption or applied on a modified retrospective basis by means of a cumulative-effect adjustment to retained earnings as of the beginning of the fiscal year of adoption. The Bancorp plans to adopt the amended guidance on its required effe ctive date of January 1, 2018 and is currently in the process of evaluating the impact of the amended guidance on its Condensed Consolidated Financial Statements. However, the Bancorp’s preliminary analysis suggests that most of its prepaid stored-value pr oducts will not be a ffected by the amended guidance. ASU 2016-13 – Financial Instruments—Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments In June 2016, the FASB issued ASU 2016-13 which establishes a new approach to estimate credit losses on certain types of financial instruments. The new approach changes the impairment model for most financial assets, and will require the use of an “expected credit loss” model for financial instruments measured at amortized cost and certain other instruments, including trade and other receivables, loan s, debt securities, net investments in leases, and off-balance-sheet credit exposures (such as loan commitments, standby letters of credit, and financial guarantees not accounted for as insurance). This model requires entities to estimate the lifetime expe cted credit loss on such instruments and record an allowance that represents the portion of the amortized cost basis that the entity does not expect to collect. This allowance is deducted from the financial asset’s amortized cost basis to present the net a mount expected to be collected. The new expected credit loss model will also apply to purchased financial assets with credit deterioration, superseding current accounting guidance for such assets. The amended guidance also amends the impairment model for a vailable-for-sale debt securities, requiring entities to determine whether all or a portion of the unrealized loss on such securities is a credit loss, and also eliminating the option for management to consider the length of time a security has been in an unrealized loss position as a factor in concluding whether or not a credit loss exists. The amended model states that an entity will recognize an allowance for credit losses on available-for-sale debt securities as a contra account to the amortized cost ba sis, instead of a direct reduction of the amortized cost basis of the investment, as under current guidance. As a result, entities will recognize improvements to estimated credit losses on available-for-sale debt securities immediately in earnings as oppos ed to in interest income over time. There are also additional disclosure requirements included in this guidance. The amended guidance is effective for the Bancorp on January 1, 2020, with early adoption permitted as early as January 1, 2019. The amended gu idance is to be applied on a modified retrospective basis with the cumulative effect of initially applying the amendments recognized in retained earnings at the date of initial application. However, certain provisions of the guidance are only required to b e applied on a prospective basis. While the Bancorp is currently in the process of evaluating the impact of the amended guidance on its Condensed Consolidated Financial Statements, it currently expects the ALLL to increase upon adoption given that the allo wance will be required to cover the full remaining expected life of the portfolio upon adoption, rather than the incurred loss model under current U.S. GAAP. The extent of this increase is still being evaluated and will depend on economic conditions and th e composition of the Bancorp’s loan and lease portfolio at the time of adoption. ASU 2016-15 – Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash In August 2016, the FASB issued ASU 2016-15 to clarify the classification of certain cash receipts and payments with in an entity’s statement of cash flows. These items include debt prepayment or extinguishment costs, settlement of zero-coupon debt instruments, contingent consideration payments made after a business combination, proceeds from the settlement of insurance claims, proceeds from the settlement of BOLI policies, distributions received from equity method investees, and beneficial interests in securitization transactions. The amended guidance also specifies how to address classification of cash receipts and paym ents that have aspects of more than one class of cash flows. The amended guidance is effective for the Bancorp on January 1, 2018, with early adoption permitted, and is to be applied on a retrospective basis unless it is impractical to do so. The Bancorp i s currently in the process of evaluating the impact of the amended guidance on its Condensed Consolidated Financial Statements. ASU 2016-16 – Income Taxes (Topic 740): Intra-Entity Transfers of Assets Other Than Inventory In October 2016, the FASB issued ASU 2016-16 which requires an entity to recognize the income tax consequences of an intra-entity transfer of an asset other than inventory when the transfer occurs. Current U.S. GAAP prohibits the recognition of current and deferred income taxes for an intra-entity asset transfer until the asset has been sold to an outside party. The amended guidance is effective for the Bancorp on January 1, 2018, with early adoption permitted, and is applied on a modified retrospective bas is through a cumulative-effect adjustment directly to retained earnings as of the beginning of the fiscal year in which the guidance is effective. The Bancorp is currently in the process of evaluating the impact of the amended guidance on its Condensed Con solidated Financial Statements. ASU 2017-01 – Business Combinations (Topic 805): Clarifying the Definition of a Business In January 2017, the FASB issued ASU 2 017-01 which clarifies the definition of a business in order to assist entities with evaluating whether transactions should be accounted for as acquisitions (or disposals) of assets or businesses. The amended guidance provides a screen which states that wh en substantially all of the fair value of assets acquired (or disposed) is concentrated in a single asset or group of similar assets, then the set of assets and activities would not be considered a business. The amended guidance is effective for the Bancor p on January 1, 2018, and is to be applied prospectively. Upon adoption, the Bancorp will evaluate future transactions to determine if they should be accounted for as acquisitions (or disposals) of assets or businesses based on the amended guidance. ASU 2017-04 – Intangibles—Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment In January 2017, the FASB issued ASU 2017-04 which simplifies the test for goodwill impairment by removing the second step, which measures the amount of impairment loss, if any. Instead, the amended guidance states that an entity should recognize an impairment charge for the amount by which the carrying amount exceeds the reporting unit’s fair value, except that the loss recognized should not exceed the total amount of goodwill allocated to that reporting unit. This would apply to all reporting units, including those with zero or negative carrying amounts of net assets. The amended guidance is effective for the Bancorp on January 1, 2020, and is to be applied prospectively. Early adoption is permitted. The Bancorp is currently in the process of evaluating the impact of the amended guidance on its Condensed Consolidated Financial Statements. ASU 2017-05 – Other Income—Gains and Losses from the Derecognition of Nonfinancial Assets (Subtopic 610-20): Clarifying the Scope of Asset Derecognition Guidance and Accounting for Partial Sales of Nonfinancial Assets In February 2017, th e FASB issued ASU 2017-05 which clarifies the scope of Subtopic 610-20 and defines the term “in substance nonfinancial asset.” The amendments require that an entity should initially identify each distinct nonfinancial asset or in substance nonfinancial ass et promised to a counterparty and derecognize each asset when a counterparty obtains control of it. The amendments provide specific guidance on accounting for partial sales of nonfinancial assets, which require an entity to derecognize a distinct nonfinanc ial asset or in substance nonfinancial asset in a partial sale transaction when it 1) does not have (or ceases to have) a controlling financial interest in the legal entity that holds the asset and 2) transfers control of the asset. Once an entity transfer s control of a distinct nonfinancial asset or distinct in substance nonfinancial asset, it is required to measure any noncontrolling interest it receives (or retains) at fair value. The amended guidance is effective for the Bancorp on January 1, 2018, conc urrent with the adoption of ASU 2014-09. It is to be applied using either a retrospective or modified retrospective approach, consistent with the transition method for ASU 2014-09. The Bancorp is currently in the process of evaluating the impact of the ame nded guidance on its Condensed Consolidated Financial Statements. ASU 2017-08 Receivables—Nonrefundable Fees and Other Costs (Subtopic 310-20): Premium Amortization on Purchased Callable Debt Securities In March 2017, the FASB issued ASU 2017-08 which shortens the amortization period for certain callable debt securities held at a premium. Specifically, the amendments require the premium to be amortized to the earliest call date. T he amendments do not require an accounting change for securities held at a discount; the discount continues to be amortized to maturity. The amended guidance is effective for the Bancorp on January 1, 2019 , with early adoption permitted, and is to be appli ed on a modified retrospective basis through a cumulative-effect adjustment directly to retained earnings as of the beginning of the period of adoption. The Bancorp shall provide a disclosure regarding the change in accounting principle . The Bancorp is cur rently in the process of evaluating the impact of the amended guidance on its Condensed Consolidated Financial Statements .

Investment Securities

Investment Securities	3 Months Ended
	Mar. 31, 2017
Securities
Securities	4 . Investment Securities The following tables provide the amortized cost, unrealized gains and losses and fair value for the major categories of the available-for-sale and other and held-to-maturity investment securities portfolios as of: Amortized Unrealized Unrealized Fair March 31, 2017 ($ in millions) Cost Gains Losses Value Available-for-sale and other securities: U.S. Treasury and federal agencies securities $ 435 2 - 437 Obligations of states and political subdivisions securities 44 1 - 45 Mortgage-backed securities: Agency residential mortgage-backed securities (a) 16,140 195 (90) 16,245 Agency commercial mortgage-backed securities 8,647 88 (63) 8,672 Non-agency commercial mortgage-backed securities 3,269 46 (16) 3,299 Asset-backed securities and other debt securities 2,115 36 (17) 2,134 Equity securities (b) 698 3 (2) 699 Total available-for-sale and other securities $ 31,348 371 (188) 31,531 Held-to-maturity securities: Obligations of states and political subdivisions securities $ 24 - - 24 Asset-backed securities and other debt securities 2 - - 2 Total held-to-maturity securities $ 26 - - 26 Includes interest-only mortgage- backed securities of $ 42 as of March 31, 2017 , recorded at fair value with fair value changes re corded in securities gains, net , in the Condensed Consolidated Statement s of Income. Equity securities consist of FHLB, FRB and DTCC restricted stock holdings of $ 248 , $ 359 and $ 1 , respectively , at March 31, 2017 , that are carried at cost, and certain mutual fund and equity security holdings. Amortized Unrealized Unrealized Fair December 31, 2016 ($ in millions) Cost Gains Losses Value Available-for-sale and other securities: U.S. Treasury and federal agencies securities $ 547 2 - 549 Obligations of states and political subdivisions securities 44 1 - 45 Mortgage-backed securities: Agency residential mortgage-backed securities (a) 15,525 178 (95) 15,608 Agency commercial mortgage-backed securities 9,029 87 (61) 9,055 Non-agency commercial mortgage-backed securities 3,076 51 (15) 3,112 Asset-backed securities and other debt securities 2,106 28 (18) 2,116 Equity securities (b) 697 3 (2) 698 Total available-for-sale and other securities $ 31,024 350 (191) 31,183 Held-to-maturity securities: Obligations of states and political subdivisions securities $ 24 - - 24 Asset-backed securities and other debt securities 2 - - 2 Total held-to-maturity securities $ 26 - - 26 Includes interest-only mortgage-backed securities of $ 60 as of December 31, 2016 , recorded at fair value with fair value changes recorded in securities gains, net, in the Condensed Consolidated Statements of Income. Equity securities consist of FHLB, FRB and DTCC restricted stock holdings of $ 248 , $ 358 , and $ 1 , respectively, at December 31, 2016 , that are carried at cost, and certain mutual fund and equity security holdings . The following table presents realized gains and losses that were recognized in income from available-for-sale securities: For the three months ended March 31, ($ in millions) 2017 2016 Realized gains $ 9 15 Realized losses (1) (4) OTTI (10) (3) Net realized (losses) gains (a) $ (2) 8 (a) Excludes net gains of $ 1 and net losses of $ 6 on interest-only mortgage-backed securities for the three months ended March 31, 201 7 and 20 1 6, respectively. The following table provides a summary of OTTI by security type: For the three months ended March 31, ($ in millions) 2017 2016 Available-for-sale and other debt securities $ (10) (2) Available-for-sale equity securities - (1) Total OTTI (a) $ (10) (3) (a) Included in securities gains, net, in the Condensed Consolidated Statements of Income . Trading securities were $689 million as of March 31, 2017, compared to $410 million at December 31, 2016. The following table presents total gains and losses that were recognized in income from trading securities: For the three months ended March 31, ($ in millions) 2017 2016 Realized gains (a) $ 3 2 Realized losses (b) (2) (4) Net unrealized gains (c) 1 1 Total trading securities gains (losses) $ 2 (1) Includes realized gains of $ 3 and $ 2 for the three months ended March 31, 2017 and 2016 , respectively, reco rded in corporate banking revenu e and wealth and asset management revenue in the Condensed Consolidated Statements of Income. Includes realized losses of $ 2 and $ 4 for the three months ended March 31, 2017 and 2016 , respectively, recorded in corporate banking revenue and wealth and asset management revenue in the Condensed Consolidated Statements of Income. Includes an immaterial amount of net unrealized gains for both the three months ended March 31, 2017 and 2016 recorded in corporate banking revenue and wealth and asset management revenue in the Condensed Consolidated Statements of Income. A t March 31, 2017 and December 31, 2016 , securities with a fair value of $ 8.3 billion and $ 10.1 billion, respectively, were pledged to secure borrowings, public deposits, trust funds, derivative contracts and for other purposes as required or permitted by law. The expected maturity distribution of the Bancorp’s mortgage-backed securities and the contractual maturity distribution of the remainder of the Bancorp’s available-for-sale and other and held-to-maturity investment securities as of March 31, 2017 are shown in the following table: Available-for-Sale and Other Held-to-Maturity ($ in millions) Amortized Cost Fair Value Amortized Cost Fair Value Debt securities: (a) Less than 1 year $ 187 189 2 2 1-5 years 6,316 6,362 12 12 5-10 years 21,358 21,481 10 10 Over 10 years 2,789 2,800 2 2 Equity securities 698 699 - - Total $ 31,348 31,531 26 26 (a) Actual maturities may differ from contractual maturities when a right to call or prepay obligations exists with or without call or prepayment penalties . The following table provides the fair value and gross unrealized losses on available-for-sale and other securities in an unrealized loss position, aggregated by investment category and length of time the individual securities have been in a continuous unrealized loss position as of: Less than 12 months 12 months or more Total Unrealized Unrealized Unrealized ($ in millions) Fair Value Losses Fair Value Losses Fair Value Losses March 31, 2017 U.S. Treasury and federal agencies $ 101 - - - 101 - Agency residential mortgage-backed securities 5,144 (82) 161 (8) 5,305 (90) Agency commercial mortgage-backed securities 2,931 (63) - - 2,931 (63) Non-agency commercial mortgage-backed securities 1,283 (16) - - 1,283 (16) Asset-backed securities and other debt securities 322 (6) 364 (11) 686 (17) Equity securities - - 37 (2) 37 (2) Total $ 9,781 (167) 562 (21) 10,343 (188) December 31, 2016 U.S. Treasury and federal agencies $ 199 - - - 199 - Agency residential mortgage-backed securities 6,223 (88) 172 (7) 6,395 (95) Agency commercial mortgage-backed securities 3,183 (61) - - 3,183 (61) Non-agency commercial mortgage-backed securities 1,052 (15) - - 1,052 (15) Asset-backed securities and other debt securities 422 (8) 336 (10) 758 (18) Equity securities - - 37 (2) 37 (2) Total $ 11,079 (172) 545 (19) 11,624 (191) At both March 31, 2017 and December 31, 2016 , an immaterial amount of unrealized losses in the available-for-sale and other securities portfolio were represented by non-rated securities.

Loans and Leases

Loans and Leases	3 Months Ended
	Mar. 31, 2017
Loans and Leases Receivable
Loans and Leases	5. Loans and Leases The Bancorp diversifies its loan and lease portfolio by offering a variety of loan and lease products with various payment terms and rate structures. Lending activities are generally concentrated within those states in which the Bancorp has banking centers and are primarily located in the Midwestern and Southeastern regions of the U.S . The Bancorp’s commerc ial loan portfolio consists of lending to various industry types. Management periodically reviews the performance of its loan and lease products to evaluate whether they are performing within acceptable interest rate and credit risk levels and changes are made to underwriting policies and procedures as needed. The Bancorp maintains an allowance to absorb loan and lease losses in herent in the portfolio. For further information on credit quality and the ALLL, refer to Note 6. The following table provides a summary of commercial loans and leases classified by primary purpose and consumer loans and leases classified based upon product or collateral as of: March 31, December 31, ($ in millions) 2017 2016 Loans and leases held for sale: Commercial and industrial loans $ 2 60 Commercial mortgage loans 7 5 Commercial leases 1 - Residential mortgage loans 606 686 Total loans and leases held for sale $ 616 751 Portfolio loans and leases: Commercial and industrial loans $ 41,074 41,676 Commercial mortgage loans 6,924 6,899 Commercial construction loans 4,283 3,903 Commercial leases 4,092 3,974 Total commercial loans and leases $ 56,373 56,452 Residential mortgage loans $ 15,336 15,051 Home equity 7,469 7,695 Automobile loans 9,572 9,983 Credit card 2,070 2,237 Other consumer loans and leases 808 680 Total consumer loans and leases $ 35,255 35,646 Total portfolio loans and leases $ 91,628 92,098 Total portfolio loans and leases are recorded net of unearned income, which totaled $ 500 million as of March 31, 2017 and $ 503 million as of December 31, 2016 . Additionally, portfolio loans and leases are recorded net of unamortized premiums and discounts , deferred direct loan origination fees and costs and fair value adjustments (associated with acquired loans or loans designated a s fair value upon origination) which totaled a net premium of $ 249 million and $ 240 million as of March 31, 2017 and De cember 31, 2016 , respectively . The Bancorp’s FHLB and FRB advances are generally secured by loans. The Bancorp had loans of $ 1 3.2 billion and $ 13.1 billion at March 31, 2017 and December 31, 2016 , respectively, pledged at the FHLB, and loans of $ 39.5 billion and $ 40.0 billion at March 31, 2017 and December 31, 2016 , respectively, pledged at the FRB. The following table presents a summary of the total loans and leases owned by the Bancorp as of: 90 Days Past Due Carrying Value and Still Accruing March 31, December 31, March 31, December 31, ($ in millions) 2017 2016 2017 2016 Commercial and industrial loans $ 41,076 41,736 3 4 Commercial mortgage loans 6,931 6,904 - - Commercial construction loans 4,283 3,903 - - Commercial leases 4,093 3,974 - - Residential mortgage loans 15,942 15,737 45 49 Home equity 7,469 7,695 - - Automobile loans 9,572 9,983 6 9 Credit card 2,070 2,237 21 22 Other consumer loans and leases 808 680 - - Total loans and leases $ 92,244 92,849 75 84 Less: Loans and leases held for sale $ 616 751 Total portfolio loans and leases $ 91,628 92,098 The following table presents a summary of net charge-offs for the three months ended March 31: ($ in millions) 2017 2016 Commercial and industrial loans $ 36 46 Commercial mortgage loans 5 6 Commercial leases 1 2 Residential mortgage loans 5 2 Home equity 6 8 Automobile loans 11 9 Credit card 22 20 Other consumer loans and leases 3 3 Total net charge-offs $ 89 96

Credit Quality and the Allowanc

Credit Quality and the Allowance for Loan and Lease Losses	3 Months Ended
	Mar. 31, 2017
Credit Quality and the Allowance for Loan and Leases Losses
Credit Quality and the Allowance for Loan and Lease Losses	6. Credit Quality and the Allowance for Loan and Lease Losses The Bancorp disaggregates ALLL balances and transactions in the ALLL by portfolio segment. Credit quality related disclosures for loans and leases are further disaggregated by class . Allowance for Loan and Lease Losses The following tables summarize transactions in the ALLL by portfolio segment: Residential For the three months ended March 31, 2017 ($ in millions) Commercial Mortgage Consumer Unallocated Total Balance, beginning of period $ 831 96 214 112 1,253 Losses charged-off (46) (6) (55) - (107) Recoveries of losses previously charged-off 4 1 13 - 18 Provision for loan and lease losses 37 5 32 - 74 Balance, end of period $ 826 96 204 112 1,238 Residential For the three months ended March 31, 2016 ($ in millions) Commercial Mortgage Consumer Unallocated Total Balance, beginning of period $ 840 100 217 115 1,272 Losses charged-off (60) (4) (52) - (116) Recoveries of losses previously charged-off 6 2 12 - 20 Provision for loan and lease losses 81 - 37 1 119 Balance, end of period $ 867 98 214 116 1,295 The following tables provide a summary of the ALLL and related loans and leases classified by portfolio segment: Residential As of March 31, 2017 ($ in millions) Commercial Mortgage Consumer Unallocated Total ALLL: (a) Individually evaluated for impairment $ 113 (c) 68 42 - 223 Collectively evaluated for impairment 713 28 162 - 903 Unallocated - - - 112 112 Total ALLL $ 826 96 204 112 1,238 Portfolio loans and leases: (b) Individually evaluated for impairment $ 786 (c) 656 354 - 1,796 Collectively evaluated for impairment 55,587 14,537 19,565 - 89,689 Loans acquired with deteriorated credit quality - 2 - - 2 Total portfolio loans and leases $ 56,373 15,195 19,919 - 91,487 Includes $ 2 related to leveraged leases at March 31, 2017 . Excludes $ 141 of residential mortgage loans measured at fair value, and includes $ 7 03 of leveraged leases, net of unearned income at March 31, 2017 . Includes five restructured loans at March 31, 2017 associated with a consolidated VIE in which the Bancorp has no continuing credit risk due to the risk being assumed by a third party, with a recorded investment of $ 26 and an ALLL of $ 18 . Residential As of December 31, 2016 ($ in millions) Commercial Mortgage Consumer Unallocated Total ALLL: (a) Individually evaluated for impairment $ 118 (c) 68 44 - 230 Collectively evaluated for impairment 713 28 170 - 911 Unallocated - - - 112 112 Total ALLL $ 831 96 214 112 1,253 Portfolio loans and leases: (b) Individually evaluated for impairment $ 904 (c) 652 371 - 1,927 Collectively evaluated for impairment 55,548 14,253 20,224 - 90,025 Loans acquired with deteriorated credit quality - 3 - - 3 Total portfolio loans and leases $ 56,452 14,908 20,595 - 91,955 Includes $ 2 related to leveraged leases at December 31, 2016 . Excludes $ 143 of residential mortgage loans measured at fair value, and includes $ 701 of leveraged leases, net of unearned income at December 31, 2016 . Includes five restructured loans at December 31, 2016 associated with a consolidated VIE in which the Bancorp has no continuing credit risk due to the risk being assumed by a third party, with a recorded investment of $ 26 and an ALLL of $ 18 . CREDIT RISK PROFILE Commercial Portfolio Segment For purposes of analyzing historical loss rates used in the determination of the ALLL and monitoring the credit quality and risk characteristics of its commercial portfolio segment, the Bancorp disaggregates the segment into the following classes: commercial and industrial, commercial mortgage owner-occupied, commercial mortgage non owner- occupied, commercial construction and commercial leas es . To facilitate the monitoring of credit quality within the commerc ial portfolio segment, and for purposes of analyzing historical loss rates used in the determination of the ALLL for the commercial portfolio segment, the Bancorp utilizes the following categories of credit grades: pass, special mention, substandard, doubt ful and loss. The five categories, which are derived from standard regulatory rating definitions, are assigned upon initial approval of credit to borrowers and updated periodically thereafter. Pass ratings, which are assigned to those borrowers that do n ot have identified potential or well defined weaknesses and for which there is a high likelihood of orderly repayment, are updated at least annually based on the size and credit characteristics of the borrower. All other categories are updated on a quarter ly basis during the month preceding the end of the calendar quarter. The Bancorp assigns a special mention rating to loans and leases that have potential weaknesses that deserve management’s close attention. If left uncorrected, these potential weaknesse s may, at some future date, result in the deterioration of the repayment prospects for the loan or lease or the Bancorp’s credit position. The Bancorp assigns a substandard rating to loans and leases that are inadequately protected by the current sound worth and paying capacity of the borrower or of the collateral pledged. Substandard loans and leases have well defined weaknesses or weaknesses that could jeopardize the orderly repayment of the debt. Loans and leases in this grade also are characterized b y the distinct possibility that the Bancorp will sustain some loss if the deficiencies noted are not addressed and corrected. The Bancorp assigns a doubtful rating to loans and leases that have all the attributes of a substandard rating with the added cha racteristic that the weaknesses make collection or liquidation in full, on the basis of currently existing facts, conditions, and values, highly questionable and improbable. The possibility of loss is extremely high, but because of certain important and re asonable specific pending factors that may work to the advantage of and strengthen the credit quality of the loan or lease, its classification as an estimated loss is deferred until its more exact status may be determined. Pending factors may include a pro posed merger or acquisition, liquidation proceeding, capital injection, perfecting liens on additional collateral or refinancing plans. Loans and leases classified as loss are considere d uncollectible and are charged- off in the period in which they are de termined to be uncollectible. Because loans and leases in this category are fully charged-off , they are not included in the following tables. The following tables summarize the credit risk profile of the Bancorp’s commercial portfolio segment, by class: Special As of March 31, 2017 ($ in millions) Pass Mention Substandard Doubtful Total Commercial and industrial loans $ 38,187 1,255 1,630 2 41,074 Commercial mortgage owner-occupied loans 3,226 74 110 - 3,410 Commercial mortgage nonowner-occupied loans 3,429 25 60 - 3,514 Commercial construction loans 4,238 45 - - 4,283 Commercial leases 4,007 56 29 - 4,092 Total commercial loans and leases $ 53,087 1,455 1,829 2 56,373 Special As of December 31, 2016 ($ in millions) Pass Mention Substandard Doubtful Total Commercial and industrial loans $ 38,844 1,204 1,604 24 41,676 Commercial mortgage owner-occupied loans 3,168 72 117 3 3,360 Commercial mortgage nonowner-occupied loans 3,466 4 69 - 3,539 Commercial construction loans 3,902 1 - - 3,903 Commercial leases 3,894 54 26 - 3,974 Total commercial loans and leases $ 53,274 1,335 1,816 27 56,452 Residential Mortgage and Consumer Portfolio Segment s For purposes of monitoring the credit quality and risk characteristics of its consumer portfolio segment, the Bancorp disaggregates the segment into the following classes: home equity, automobile loans, credit card and other consumer loans and leases. The Bancorp’s residential mortgage portfolio segment is also a separate class. The Bancorp considers repayment performance as the best indicator of credit quality for residential mortgage and consumer loans, which includes both the delinquency status and per forming versus nonperforming status of the loans. The delinquency status of all residential mortgage and consumer loans is presented by class i n the age analysis section while the performing versus nonperforming status is presented in the following table . Refer to the nonaccrual loans and leases section of Note 1 of the Notes to the Consolidated Financial Statements included in the Bancorp’s Annual Report on Form 10-K for the year ended December 31, 2016 for additional delinquency and nonperforming information. The following table presents a summary of the Bancorp’s residential mortgage and consumer portfolio segments, by class, disaggregated into performing versus nonperforming status as of: March 31, 2017 December 31, 2016 ($ in millions) Performing Nonperforming Performing Nonperforming Residential mortgage loans (a) $ 15,160 35 14,874 34 Home equity 7,399 70 7,622 73 Automobile loans 9,570 2 9,981 2 Credit card 2,043 27 2,209 28 Other consumer loans and leases 808 - 680 - Total residential mortgage and consumer loans and leases (a) $ 34,980 134 35,366 137 (a) Excludes $ 141 and $ 143 of loans measured at fair value at March 31, 2017 and December 31, 2016 , respectively. Age Analysis of Past Due Loans and Leases The following tables summarize the Bancorp’s recorded investment in portfolio loans and leases, by age and class: Current Past Due 90 Days Past Loans and 30-89 90 Days Total Total Loans Due and Still As of March 31, 2017 ($ in millions) Leases (c) Days (c) or More (c) Past Due and Leases Accruing Commercial loans and leases: Commercial and industrial loans $ 40,930 46 98 144 41,074 3 Commercial mortgage owner-occupied loans 3,388 3 19 22 3,410 - Commercial mortgage nonowner-occupied loans 3,506 1 7 8 3,514 - Commercial construction loans 4,283 - - - 4,283 - Commercial leases 4,090 - 2 2 4,092 - Residential mortgage loans (a)(b) 15,087 27 81 108 15,195 45 Consumer loans and leases: Home equity 7,351 64 54 118 7,469 - Automobile loans 9,503 60 9 69 9,572 6 Credit card 2,018 27 25 52 2,070 21 Other consumer loans and leases 807 1 - 1 808 - Total portfolio loans and leases (a) $ 90,963 229 295 524 91,487 75 Excludes $ 141 of residential mortgage loans measured at fair value at March 31, 2017 . Information includes advances made pursuant to servicing agreements for GNMA mortgage pools whose repayments are insured by the FHA or guaranteed by the VA. As of March 31, 2017 , $ 77 of these loans were 30-89 days past due and $ 302 were 90 days or more past due. The Bancorp recognized $ 2 of losses during the three months ended March 31, 2017 due to claim denials and curtailments associated with these insured or guaranteed loans. Includes accrual and nonaccrual loans and leases. Current Past Due 90 Days Past Loans and 30-89 90 Days Total Total Loans Due and Still As of December 31, 2016 ($ in millions) Leases (c) Days (c) or More (c) Past Due and Leases Accruing Commercial loans and leases: Commercial and industrial loans $ 41,495 87 94 181 41,676 4 Commercial mortgage owner-occupied loans 3,332 6 22 28 3,360 - Commercial mortgage nonowner-occupied loans 3,530 2 7 9 3,539 - Commercial construction loans 3,902 1 - 1 3,903 - Commercial leases 3,972 - 2 2 3,974 - Residential mortgage loans (a)(b) 14,790 37 81 118 14,908 49 Consumer loans and leases: Home equity 7,570 68 57 125 7,695 - Automobile loans 9,886 85 12 97 9,983 9 Credit card 2,183 28 26 54 2,237 22 Other consumer loans and leases 679 1 - 1 680 - Total portfolio loans and leases (a) $ 91,339 315 301 616 91,955 84 Excludes $ 143 of residential mortgage loans measured at fair value at December 31, 2016 . Information includes advances made pursuant to servicing agreements for GNMA mortgage pools whose repayments are insured by the FHA or guaranteed by the VA . As of December 31 , 2016 , $ 110 of these loa ns were 30-89 days past due and $ 312 were 90 days or more past due. The Bancorp recognized $ 2 o f losses during the three months ended March 31, 2016 due to claim denials and cu rtailments associated with these insured or guaranteed loans . Includes accrual and nonaccrual loans and leases. Impaired Portfolio Loans and Leases Larger commercial loans and leases included within aggregate borrower relationship balances exceeding $ 1 million that exhibit probable or observed credit weaknesses are subject to individual review for impairment. The Bancorp also performs an individual review on loans and leases that are restructured in a TDR . The Bancorp considers the current value of collateral, credit quality of any guarantees, the loan structure and other factors when evaluating whether an individual loan or lease is impaired. Other factors may include the geography an d industry of the borrower, size and financial condition of the borrower, cash flow and leverage of the borrower, and the Bancorp’s evaluation of the borrower’s management. Smaller-balance homogenous loans or leases that are collectively evaluated for impa irment are not included in the following tables. The following tables summarize the Bancorp’s impaired portfolio loans and leases, by class, that were subject to individual review, which includes all portfolio loans and leases restructured in a TDR: Unpaid Principal Recorded As of March 31, 2017 ($ in millions) Balance Investment ALLL With a related ALLL: Commercial loans and leases: Commercial and industrial loans $ 449 392 86 Commercial mortgage owner-occupied loans (b) 19 13 3 Commercial mortgage nonowner-occupied loans 16 15 6 Restructured residential mortgage loans 472 468 68 Restructured consumer loans and leases: Home equity 192 191 29 Automobile loans 11 11 1 Credit card 49 49 12 Total impaired portfolio loans and leases with a related ALLL $ 1,208 1,139 205 With no related ALLL: Commercial loans and leases: Commercial and industrial loans $ 264 242 - Commercial mortgage owner-occupied loans 28 22 - Commercial mortgage nonowner-occupied loans 74 74 - Commercial leases 2 2 - Restructured residential mortgage loans 209 188 - Restructured consumer loans and leases: Home equity 104 101 - Automobile loans 3 2 - Total impaired portfolio loans and leases with no related ALLL $ 684 631 - Total impaired portfolio loans and leases $ 1,892 1,770 a (a) 205 Includes $ 277 , $ 642 and $ 308 , respectively, of commercial, residential mortgage and consumer portfolio TDRs on accrual status and $ 251 , $ 14 an d $ 46 , respectively, of commercial, residential mortgage and consumer portfolio TDRs on nonaccrual status at March 31, 2017 . Excludes five restructured loans at March 31, 2017 associated with a consolidated VIE in which the Bancorp has no continuing credit risk due to the risk being assumed by a third party, with an unpaid principal balance of $ 26 , a recorded investment of $ 26 and an ALLL of $ 18 . Unpaid Principal Recorded As of December 31, 2016 ($ in millions) Balance Investment ALLL With a related ALLL: Commercial loans and leases: Commercial and industrial loans $ 440 414 94 Commercial mortgage owner-occupied loans (b) 24 16 5 Commercial mortgage nonowner-occupied loans 7 6 1 Commercial leases 2 2 - Restructured residential mortgage loans 471 465 68 Restructured consumer loans and leases: Home equity 202 201 30 Automobile loans 12 12 2 Credit card 52 52 12 Total impaired portfolio loans and leases with a related ALLL $ 1,210 1,168 212 With no related ALLL: Commercial loans and leases: Commercial and industrial loans $ 394 320 - Commercial mortgage owner-occupied loans 36 35 - Commercial mortgage nonowner-occupied loans 93 83 - Commercial leases 2 2 - Restructured residential mortgage loans 207 187 - Restructured consumer loans and leases: Home equity 107 104 - Automobile loans 3 2 - Total impaired portfolio loans and leases with no related ALLL $ 842 733 - Total impaired portfolio loans and leases $ 2,052 1,901 a (a) 212 Includes $ 322 , $ 635 and $ 323 , respectively, of commercial, residential mortgage and consumer portfolio TDR s on accrual status and $ 192 , $ 17 and $ 48 , respectively , of commercial, residential mortgage and consumer portfolio TDRs on nonaccrual status at December 31, 2016 . Excludes five restructured loans at December 31, 2016 associated with a consolidated VIE in which the Bancorp has no continuing credit risk due to the risk being assumed by a third party, with an unpaid principal balance of $ 26 , a recorded investment of $ 26 and an ALLL of $ 18 . The following tables summarize the Bancorp’s average impaired portfolio loans and leases, by class, and interest income, by class: For the three months ended For the three months ended March 31, 2017 March 31, 2016 Average Interest Average Interest Recorded Income Recorded Income ($ in millions) Investment Recognized Investment Recognized Commercial loans and leases: Commercial and industrial loans $ 683 1 645 2 Commercial mortgage owner-occupied loans (a) 43 - 71 - Commercial mortgage nonowner-occupied loans 89 1 165 1 Commercial construction loans - - 7 - Commercial leases 3 - 5 - Restructured residential mortgage loans 654 6 642 6 Restructured consumer loans and leases: Home equity 298 3 340 3 Automobile loans 14 - 19 - Credit card 51 1 60 1 Total average impaired portfolio loans and leases $ 1,835 12 1,954 13 (a) Excludes five restructured loans associated with a consolidated VIE in which the Bancorp has no continuing credit risk due to the risk being assumed by a third party, with an average recorded investment of $ 2 6 and $ 27 at March 31, 2017 and March 31, 2016 , respectively, and an immaterial amount of interest income recognized for the both the three months ended March 31, 2017 and March 31, 2016 . Nonperforming Assets Nonperforming assets include nonaccrual loans and leases for which ultimate collectability of the full amount of the principal and/or interest is uncertain; restructured commercial and credit card loans which have not yet met the requirements to be classified as a performing asset; restructured consumer loans which are 90 days past due based on the restructured terms unless the loan is both well-secured and in the process of collection; and certain other assets, including OREO and other repossessed property. The following table presents the Bancorp’s nonaccrual loans and leases, by class, and OREO and other repossessed property as of: March 31, December 31, ($ in millions) 2017 2016 Commercial loans and leases: Commercial and industrial loans $ 484 478 Commercial mortgage owner-occupied loans (a) 28 32 Commercial mortgage nonowner-occupied loans 9 9 Commercial leases 2 4 Total nonaccrual portfolio commercial loans and leases 523 523 Residential mortgage loans 35 34 Consumer loans and leases: Home equity 70 73 Automobile loans 2 2 Credit card 27 28 Total nonaccrual portfolio consumer loans and leases 99 103 Total nonaccrual portfolio loans and leases (b)(c) $ 657 660 OREO and other repossessed property 64 78 a Total nonperforming portfolio assets (b)(c) $ 721 738 Excludes $ 19 of restructured nonaccrual loans at both March 31, 2017 and December 31, 2016 associated with a consolidated VIE in which the Bancorp has no continuing credit risk due to the risk being assumed by a third party. Excludes $ 9 and $ 1 3 of nonaccrual loans held for sale at March 31, 2017 and December 31, 2016 , respectively. Includes $ 4 of nonaccrual government insured commercial loans whose repayments are insured by the SBA at both March 31, 2017 and Dec ember 31, 2016 and an immaterial amount and $ 1 of restructured nonaccrual government insured commercial loans at March 31, 2017 and December 31, 2016 , respectively . The Bancorp’s recorded investment of consumer mortgage loans secured by residential real estate properties for which formal foreclosure proceedings are in process according to local requirements of the applicable jurisdiction was $ 273 million and $ 260 million as of March 31, 2017 and December 31, 2016 , respectively. Troubled Debt Restructurings If a borrower is experiencing financial difficulty, the Bancorp may consider, in certain circumstances, modifying the terms of their loan to maximize collect ion of amounts due. Within each of the Bancorp’s loan classes, TDRs typically involve either a reduction of the stated interest rate of the loan, an extension of the loan’s maturity date with a stated rate lower than the current market rate for a new loan with similar risk, or in limited circumstances, a reduction of the principal balance of the loan or the loan’s accrued interest. Modifying the terms of a loan may result in an increase or decrease to the ALLL depending upon the terms modified, the method u sed to measure the ALLL for a loan prior to modification, and whether any charge-offs were recorded on the loan before or at the time of modification. Refer to the ALLL section of Note 1 of the Notes to the Consolidated Financial Statements included in the Bancorp’s An nual Report on Form 10-K for the year ended December 31, 2016 for information on the Bancorp’s ALLL methodology. Upon modification of a loan, the Bancorp measures the related impairment as the difference between the estimated future cash flows expected to be collected on the modified loan , discounted at the original effective yield of the loan, and the carrying value of the loan . The resulting measurement may result in the need for minimal or no allowance because it is probable that all cash flows will b e collected under the modified terms of the loan. In addition, if the stated interest rate was increased in a TDR, the cash flows on the modified loan, using the pre-modification interest rate as the discount rate, often exceed the recorded investment of t he loan. Conversely, upon a modification that reduces the stated interest rate on a loan, the Bancorp recognizes an impairment loss as an increase to the ALLL. I f a TDR involves a reduction of the principal balance of the loan or the loan’s accrued intere st, that amount is charged off to the ALLL . As of March 31, 2017 , the Bancorp had $ 115 million and $ 5 6 million in line of credit and letter of credit commitments, respectively, compared to $ 82 million and $ 57 million in line of credit and letter of credit commitments as of December 31, 2016 , respectively, to lend additional funds to borrowers whose terms have been modified in a TDR. The following tables provide a summary of loans, by class, modified in a TDR by the Bancorp during the three months ended: Recorded investment Number of loans in loans modified Increase Charge-offs modified in a TDR in a TDR to ALLL upon recognized upon March 31, 2017 ($ in millions) (a) during the period (b) during the period modification modification Commercial loans: Commercial and industrial loans 33 $ 97 1 2 Commercial mortgage owner-occupied loans 5 2 - - Commercial mortgage nonowner-occupied loans 1 - - - Residential mortgage loans 203 29 2 - Consumer loans: Home equity 31 2 - - Automobile loans 30 - - - Credit card 1,756 7 1 - Total portfolio loans 2,059 $ 137 4 2 Excludes all loans and leases held for sale and loans acquired with deteriorated credit quality which were accounted for within a pool . Represents number of loans post-modification and excludes loans previously modified in a TDR . Recorded investment Increase Number of loans in loans modified (Decrease) Charge-offs modified in a TDR in a TDR to ALLL upon recognized upon March 31, 2016 ($ in millions) (a) during the period (b) during the period modification modification Commercial loans: Commercial and industrial loans 24 $ 56 (2) - Commercial mortgage owner-occupied loans 7 6 (2) - Commercial mortgage nonowner-occupied loans 2 - - - Residential mortgage loans 243 36 2 - Consumer loans: Home equity 64 5 - - Automobile loans 78 1 - - Credit card 2,592 12 2 1 Total portfolio loans 3,010 $ 116 - 1 Excludes all loans and leases held for sale and loans acquired with deteriorated credit quality which were accounted for within a pool . Represents number of loans post-modification and excludes loans previously modified in a TDR . The Bancorp considers TDRs that become 90 days or more past due under the modified te rms as subsequently defaulted. For commercial loans not subject to individual review for impairment, loss rates that are applied for purposes of determining the ALLL include historical losses associated with subsequent defaults on loan s previously modified in a TDR . For consumer loans, the Bancorp performs a qualitative assessment of the adequacy of the consumer ALLL by comparing the consumer ALLL to forecasted consumer losses over the projected loss emergence period (the forecasted losses include the impact of subsequent defaults of consumer TDRs). When a residential mortgage, home equity, auto mobile or other consumer loan that has been modified in a TDR subsequently defaults, the present value of expected cash flows used in the measurement of the potential impairment loss is generally limited to the expected net proceeds from the sale of the loan’s underlying collateral and any resulting impairment loss is reflected as a charge-off or an increase in ALLL. The Bancorp recognizes ALLL for the entire balance of the credit card loans modified in a TDR that subsequently default . The following tables provide a summary of TDRs that subsequently defaulted during the three months ended March 31, 2017 and 2016 and were within twelve months of the restructuring date: Number of Recorded March 31, 2017 ($ in millions) (a) Contracts Investment Commercial loans: Commercial and industrial loans 2 $ 1 Residential mortgage loans 57 9 Consumer loans: Home equity 5 1 Credit card 450 2 Total portfolio loans 514 $ 13 (a) Excludes all loans and leases held for sale and loans acquired with deteriorated credit quality. Number of Recorded March 31, 2016 ($ in millions) (a) Contracts Investment Commercial loans: Commercial and industrial loans 1 $ - Commercial mortgage nonowner-occupied loans 1 - Residential mortgage loans 53 7 Consumer loans: Home equity 6 1 Credit card 423 2 Total portfolio loans 484 $ 10 (a) Excludes all loans and leases held for sale and loans acquired with deteriorated credit quality.

Bank Premises and Equipment

Bank Premises and Equipment	3 Months Ended
	Mar. 31, 2017
Bank Premises and Equipment
Bank Premises and Equipment	7 . Bank Premises and Equipment The following table provides a summary of bank premises and equipment as of: ($ in millions) March 31, 2017 December 31, 2016 Land and improvements (a) $ 649 663 Buildings (a) 1,667 1,672 Equipment 1,773 1,761 Leasehold improvements 392 398 Construction in progress (a) 109 99 Bank premises and equipment held for sale: Land and improvements 33 29 Buildings 16 9 Equipment 2 1 Accumulated depreciation and amortization (2,589) (2,567) Total bank premises and equipment $ 2,052 2,065 (a ) At both March 31, 2017 and December 31, 2016 , land and improvements , buildings and construction in progress i ncluded $ 92 associated w ith parcels of undeveloped land intended for future branch expansion. The Bancorp monitors changing customer preferences associated with the channels it uses for banking transactions to evaluate the efficiency, competitiveness and quality of the customer service experience in its consumer distribution network. As part of this ongoing assessment, the Bancorp may determine that it is no longer fully committed to maintaining full-service branches at certain of its existing banking center locations. Similarly, the Bancorp may also determine that it is no longer ful ly committed to building banking centers on certain parcels of land which had previously been held for future branch expansion. On June 16, 2015, the Bancorp’s Board of Directors authorized management to pursue a plan to further develop its distribution strategy, including a plan to consolidate and/or sell certain operating branch locations and certain parcels of undeveloped land that had been acquired by the Bancorp for future branch expansion (the “Branch Consolidation and Sales Plan”). In addition, the Bancorp announced o n September 13, 2016 that it had identified an additional 44 branch locations and 5 parcels of undeveloped land t hat it planned to consolidate or sell. As of March 31, 2017 , the Bancorp had 43 branch locations and 3 3 parcels of undevel oped land that had been acquired for future branch expansion that it intended to consolidate or sell . These branch locations and parcels of undeveloped land, which include unsold properties from the Branch Consolidation and Sales Plan as well as properties included in the September 13, 2016 announcement, represent $ 36 million, $ 1 6 million and $ 2 million of land and improvements, buildings and equipment, respectively, included in bank premises and equipment in the Condensed Consolidated Balance Sheets as of March 31, 2017 , of which $ 3 3 million, $ 1 6 million and $ 2 million, respectively , were classified as held for sale . The Bancorp performs ass essments of the recoverability of long-lived assets when events or changes in circumstances indicate that their carrying values may not be recoverable. Impairment losses associated with such assessments and lower of cost or market adjustments were $ 3 milli on and $2 million for the three months ended March 31, 2017 and 2016, respectively . The recognized impairment losses were recorded in other noninterest income in the Condensed Consolidated Statements of Income.

Operating Lease Equipment

Operating Lease Equipment	3 Months Ended
	Mar. 31, 2017
Operating Lease Equipment
Operating Lease Equipment	8. Operating Lease Equipment The Bancorp performs assessments of the recoverability of long - lived assets when events or changes in circumstances indicate that their carrying values may not be recoverable. As a result of these recoverability assessments, the Bancorp recognized impairment losses associated with certain operating lease assets of $ 31 million for the three months ended March 31, 2017 . The recognized impairment losses were recorded in corporate banking revenue in the Condensed C onsolidated Statements of Income.

Intangible Assets

Intangible Assets	3 Months Ended
	Mar. 31, 2017
Intangible Assets
Intangible Assets	9. Intangible Assets Intangible assets consist of core deposit intangibles, customer lists, non-compete agreements and rent intangibles . Intangible assets are amortized on either a straight-line or an accelerated basis over their estimated useful liv es . The details of the Bancorp’s intangible assets are shown in the following table: Gross Carrying Accumulated Net Carrying ($ in millions) Amount Amortization Amount As of March 31, 2017 Core deposit intangibles $ 34 (28) 6 Other 18 (13) 5 Total intangible assets $ 52 (41) 11 As of December 31, 2016 Core deposit intangibles $ 34 (27) 7 Other 15 (13) 2 Total intangible assets $ 49 (40) 9 As of March 31, 2017 , all of the Bancorp’s intangible assets were being amortized. Amortization expense recognized on intangible assets was immaterial for both the three months ended March 31, 2017 and 2016 . The Bancorp’s projections of amortization expense shown on the following table is based on existing balances as of March 31, 2017 . Future amortization expense may vary from these projections. Estimated amortization expense for the remainder of 2017 through 2021 is as follows: ($ in millions) Total Remainder of 2017 $ 1 2018 2 2019 2 2020 1 2021 1

VIE

VIE	3 Months Ended
	Mar. 31, 2017
Variable Interest Entities
Variable Interest Entities	10. Variable Interest Entities The Bancorp, in the normal course of business, engages in a variety of activities that involve VIEs, which are legal entities that lack sufficient equity at risk to finance their activities without additional subordinated financial support or the equity investors of the entities as a group lack any of the characteristics of a controlling interest. The Bancorp evaluates its inte rest in certain entities to determine if these entities meet the definition of a VIE and whether the Bancorp is the primary beneficiary and should consolidate the entity based on the variable interests it held both at inception and when there is a change i n circumstances that requires a reconsideration. If the Bancorp is determined to be the primary beneficiary of a VIE, it must account for the VIE as a consolidated subsidiary. If the Bancorp is determined not to be the primary beneficiary of a VIE but hold s a variable interest in the entity, such variable interests are accounted for under the equity method of accounting or other accounting standards as appropriate. Consolidated VIEs The following tables provide a summary of the classifications of consolidated VIE assets, liabilities and noncontrolling interests included in the Condensed Consolidated Balance Sheets as of: Automobile Loan CDC March 31, 2017 ($ in millions) Securitizations Investments Total Assets: Cash and due from banks $ 84 1 85 Commercial mortgage loans - 46 46 Automobile loans 969 - 969 ALLL (5) (20) (25) Other assets 7 - 7 Total assets $ 1,055 27 1,082 Liabilities: Other liabilities $ 2 - 2 Long-term debt 883 - 883 Total liabilities $ 885 - 885 Noncontrolling interests $ - 27 27 Automobile Loan CDC December 31, 2016 ($ in millions) Securitizations Investments Total Assets: Cash and due from banks $ 84 1 85 Commercial mortgage loans - 46 46 Automobile loans 1,170 - 1,170 ALLL (6) (20) (26) Other assets 9 - 9 Total assets $ 1,257 27 1,284 Liabilities Other liabilities $ 3 - 3 Long-term debt 1,094 - 1,094 Total liabilities $ 1,097 - 1,097 Noncontrolling interests $ - 27 27 Automobile loan securitizations The Bancorp has previously completed securitization transactions in which the Bancorp transferred an aggregate amount of $ 4 . 5 billion in consumer automobile loans to bankruptcy remote trusts which were deemed to be VIEs. The primary purposes of the VIEs were to issue asset-backed securities with varying levels of credit subordination and payment priority, as well as residual interests, and to provide the Bancorp with access to liquidity for its originated loans. The Bancor p retained residual interests in the VIEs and, therefore, has an obligation to absorb losses and a right to receive benefits from the VIEs that could potentially be significant to the VIEs. In addition, the Bancorp retained servicing rights for the underly ing loans and, therefore, holds the power to direct the activities of the VIEs that most significantly impact the economic performance of the VIEs. As a result, the Bancorp concluded that it is the primary beneficiary of the VIEs and, therefore, has consol idated these VIEs. The assets of the VIEs are restricted to the settlement of the asset-backed securities and other obligations of the VIEs. Third-party holders of the notes do not have recourse to the general assets of the Bancorp. The economic perfor mance of the VIEs is most significantly impacted by the performance of the underlying loans. The principal risks to which the VIEs are exposed include credit risk and prepayment risk. The credit and prepayment risks are managed through credit enhancements in the form of reserve accounts, overcollateralization, excess interest on the loans and the subordination of certain classes of asset-backed securities to other classes. CDC i nvestments CDC, a wholly-owned indirect subsidiary of the Bancorp, was created to invest in projects to create affordable housing, revitalize business and residential areas and preserve historic landmarks. CDC generally co-invests with other unrelated companies and/or individuals and typically makes investments in a separate legal entity that owns the property under development. The entities are usually formed as limited partnerships and LLCs and CDC typically invests as a limited partner/investor member in the form of equity contributions. The economic performance of the VIEs is driven by the performance of their underlying investment projects as well as the VIEs’ ability to operate in compliance with the rules and regulations necessary for the qualification of tax credits generated by equity investments. The Bancorp’s subsidi aries serve as the managing member of certain LLCs invested in business revitalization projects and have the right to make decisions that most significantly impact the economic performance of the LLCs. Additionally, the investor members do not own substant ive kick-out rights or substantive participating rights over the managing member . The Bancorp has provided an indemnification guarantee to the investor member of these LLCs related to the qualification of tax credits generated by the investor members’ inve stment. Accordingly, the Bancorp concluded that it is the primary beneficiary and, therefore, has consolidated these VIEs. As a result, the investor members’ interests in these VIEs are presented as noncontrolling interests in the Condensed Consolidated Fi nancial Statements. This presentation includes reporting separately the equity attributable to the noncontrolling interests in the Condensed Consolidated Balance Sheets and Condensed Consolidated Statements of Changes in Equity and reporting separately the comprehensive income attributable to the noncontrolling interests in the Condensed Consolidated Statements of Comprehensive Income and the net income attributable to the noncontrolling interests in the Condensed Consolidated Statements of Income. The Banc orp’s maximum exposure related to these indemnifications at March 31, 2017 and December 31, 2016 was $ 32 million and $ 31 million , respectively, which is based on an amount required to meet the investor member’s defined target rate of return . Non-consolidated VIEs The following tables provide a summary of assets and liabilities carried on the Condensed Consolidated Balance Sheets related to non-consolidated VIEs for which the Bancorp holds an interest, but is not the primary beneficiary of the VIE, as well as the Bancorp’s maximum exposure to losses associated with its interests in the entities as of: Total Total Maximum March 31, 2017 ($ in millions) Assets Liabilities Exposure CDC investments $ 1,424 362 1,424 Private equity investments 121 - 178 Loans provided to VIEs 1,744 - 2,762 Total Total Maximum December 31, 2016 ($ in millions) Assets Liabilities Exposure CDC investments $ 1,421 357 1,421 Private equity investments 176 - 232 Loans provided to VIEs 1,735 - 2,672 CDC i nvestments As noted previously, CDC typically invests in VIEs as a limited partner or investor member in the form of equity contributions and has no substantive kick-out or substantive participating rights over the managing member . The Bancorp has determined that it is not the primary beneficiary of these VIEs because it lacks the power to direct the activities that most significantly impact the economic performance of the underlying project or the VIEs’ ability to operate in compliance with the rul es and regulations necessary for the qualification of tax credits generated by equity investments. This power is held by the managing members who exercise full and exclusive control of the operations of the VIEs. Accordingly, the Bancorp accounts for these investments under the equity method of accounting. The Bancorp’s funding requirements are limited to its invested capital and any additional unfunded commitments for future equity contributions. The Bancorp’s maximum exposure to loss as a result of its involvement with the VIEs is limited to the carrying amounts of the investments, including the unfunded commitments. The carrying amounts of these investments, which are included in other assets in the Condensed Consolidated Balance Sheets, and the liabili ties related to the unfunded commitments, which are included in other liabilities in the Condensed Consolidated Balance Sheets, are included in the previous tables for all periods presented. The Bancorp has no other liquidity arrangements or obligations to purchase assets of the VIEs that would expose the Bancorp to a loss. In certain arrangements, the general partner/managing member of the VIE has guaranteed a level of projected tax credits to be received by the limited partners/investor members, thereby m inimizing a portion of the Bancorp’s risk. At both March 31, 2017 and December 31, 2016 , the Bancorp ’s CDC investments included $ 1.3 billion of investment s in affordable housing tax cred its recognized in other assets i n the Condensed Consolidated Balance Sheets. T he unfunded commitments related to these investments were $ 356 million and $ 349 million at March 31, 2017 and December 31, 2016 , respectively. The unfunded commitments as of March 31, 2017 are expected to be funded from 2017 to 2034 . The Bancorp has accounted for all of its investments in qualified affordable housing tax credits using the equity method of accounting. The following table summarizes the impact to the Condensed Consolidated Statements of Income relating to investments in qualified affordable housing investments: Condensed Consolidated For the three months ended March 31, ($ in millions) Statements of Income Caption 2017 2016 Pre-tax investment and impairment losses (a) Other noninterest expense $ 36 36 Tax credits and other benefits Applicable income tax expense (56) (55) (a) The Bancorp did not recognize impairment losses resulting from the forfeiture or ineligibility of tax credi ts or other circumstances during both the three months ended March 31, 2017 and 2016 . Private equity i nvestments The Bancorp , through Fifth Third Capital Holdings, a wholly-owned indirect subsidiary of the Bancorp, invests as a limite d partner in private equity investment s which provide the Bancorp an opportunity to obtain higher rates of return on invested capital, while also creating cross-selling opportunities for the Bancorp’s commercial products. Each of the limited partnerships has an unrelated third-party general partner responsible for appointing the fund manager. The Bancorp has no t been appointed fund manager for any of these private equity investment s. The funds finance primarily all of their activities from the partners’ capital contributions and investment returns. T he Bancorp has determined that it is not the primary beneficiar y of the funds because it does not have the obligation to absorb the funds’ expected losses or the right to receive the funds’ expected residual returns that could potentially be significant to the funds and lacks the power to direct the activities that mo st significantly impact the economic performance of the funds . The Bancorp, as a limited partner, does not have substantive participating or substantive kick-out rights over the general partner. Therefore, the Bancorp accounts for its investments in these limited partnerships under the equity method of accounting. The Bancorp is exposed to losses arising from the negative performance of the underlying investm ents in the private equity investments . As a limited partner, the Bancorp’s maximum exposure to los s is limited to the carrying amounts of the investments plus unfunded commitments. The carrying amounts of these investments, which are included in other assets in the Condensed Consolidated Balance Sheets, are included in the previous tables. Also, at March 31, 2017 and December 31, 2016 , the unfunded commitment amounts to the funds were $ 57 million and $ 56 million, respectively. As part of previous commitments, t he Bancorp made capital contributions to private equity investments of $ 6 million and $ 2 million during the three months ended March 31, 2017 and 2016 , respectively . The Bancorp did not recognize OTTI on its investments in private equity funds during both the three months ended March 31, 2017 and 2016. Refer to Note 19 for further information. Loans p ro vided to VIEs The Bancorp has provided funding to certain unconsolidated VIEs sponsored by third parties. These VIEs are generally established to finance certain consumer and small business loans originated by third parties. The entities are primarily fund ed through the issuance of a loan from the Bancorp or a syndication through which the Bancorp is involved. The sponsor/administrator of the entities is responsible for servicing the underlying assets in the VIEs. Because the sponsor/administrator, not the Bancorp, holds the servicing responsibilities, which include the establishment and employment of default mitigation policies and procedures, the Bancorp does not hold the power to direct the activities that most significant ly impact the economic performanc e of the entity and, therefore, is not the primary beneficiary. The principal risk to which these entities are exposed is credit risk related to the underlying assets. The Bancorp’s maximum exposure to loss is equal to the carrying amounts of the loans an d unfunded commitments to the VIEs. The Bancorp’s outstanding loans to these V IEs are included in commercial loans in Note 5. As of March 31, 2017 and December 31, 2016 , the Bancorp’s unfunded commitments to these entities were $ 1.0 billion and $ 937 million, respectively. The loans and unfunded commitments to these VIEs are included in the Bancorp’s overall analysis of the ALLL and reserve for unfunded commitments, respectively. The Bancorp does not provide any implicit or explicit liquidity guarante es or principal value guarantees to these VIEs .

Sales of Receivables and Servic

Sales of Receivables and Servicing Rights	3 Months Ended
	Mar. 31, 2017
Sales of Receivables and Servicing Rights
Sales of Receivables and Servicing Rights	11. Sales of Receivables and Servicing Rights Residential Mortgage Loan Sales The Bancorp sold fixed and adjustable - rate residential mortgage loans during the three months ended March 31, 2017 and 2016 . In those sales, the Bancorp obtained se rvicing responsibilities and provided certain standard representations and warranties, however the investors have no recourse to the Bancorp’s other assets for failure of debtors to pay when due. The Bancorp receives annual servicing fees based on a percen tage of the outstanding balance. The Bancorp identifies classes of servicing assets based on financial asset type and interest rates. Information related to residential mortgage loan sales and the Bancorp’s mortgage banking activity, which is included in mortgage banking net revenue in the Condensed Consolidated Statements of Income, is as follows: For the three months ended March 31, ($ in millions) 2017 2016 Residential mortgage loan sales (a) $ 1,629 a 1,114 Origination fees and gains on loan sales 29 42 Gross mortgage servicing fees 47 52 Represents the unpaid principal balance at the time of the sale. Servicing Rights Effective January 1, 2017, the Bancorp elected to prospectively adopt the fair value method for all classes of its residential mortgage servicing rights portfolio. Upon this election, all servicing rights are measured at fair value at each reporting date and changes in the fair value of servicing rights are reported in mortgage banking net revenue in the Condensed Consolidated Statements of Income in the period in which the changes occur. T he election of th e fair value method did not re quire a cumulative effect adjustment to retained earnings as there was no difference between the carrying value of the servicing rights, net of valuation allowance, and the fair value. Prior to the election of the fair value method, servicing rights were initially recorded at fair value and subsequently amortized in proportion to, and over the period of, estimated net servicing revenue. Servicing rights were assessed for impairment monthly, based on fair value, with temporary impairment recognized through a valuation allowance. The following tables present changes in the servicing rights related to residential mortgage and automobile loans for the three months ended March 31: ($ in millions) 2017 Balance, beginning of period $ 744 Servicing rights originated - residential mortgage loans 26 Servicing rights acquired - residential mortgage loans 29 Changes in fair value: Due to changes in inputs or assumptions (a) 4 Other changes in fair value (b) (27) Balance, end of period $ 776 Primarily reflects changes in prepayment speed and OAS spread assumptions which are updated based on market interest rates . Primarily reflects changes due to collection of contractual cash flows and the passage of time . ($ in millions) 2016 Carrying amount before valuation allowance: Balance, beginning of period $ 1,204 Servicing rights that result from the transfer of residential mortgage loans 12 Amortization (27) Balance, end of period $ 1,189 Valuation allowance for servicing rights: Balance, beginning of period $ (419) Provision for MSR impairment (85) Balance, end of period (504) Carrying amount after valuation allowance $ 685 For the three months ended March 31, 2016, temporary impairment, effected through a change in the MSR valuation allowance, was captured as a component of mortgage banking net revenue in the Condensed Consolidated Statements of Income. Amortization recognized on servicing rights for the three months ended March 31, 2016 was $ 27 million. The Bancorp maintains a non-qualifying hedging strategy to manage a portion of the risk associated with changes in the value of the MSR portfolio. This strategy includ e s the purchase of free-standing derivatives and various available-for-sale and trading securities. The interest income, mark-to-market adjustments and gain or loss from sale activities associated with these portfolios are expected to economically hedge a portion of the change in value of the MSR portfolio caused by fluctuating OAS spreads, earnings rates and prepayment speeds. The fair value of the servicing asset is based on the present value of expected future cash flows . The following table displays the beginning and ending fair value of the servicing rights for the three months ended March 31: ($ in millions) 2017 2016 Fixed-rate residential mortgage loans: Balance, beginning of period $ 722 757 Balance, end of period 756 660 Adjustable-rate residential mortgage loans: Balance, beginning of period 22 27 Balance, end of period 20 25 Fixed-rate automobile loans: Balance, beginning of period - 1 Balance, end of period - - The following table presents activity related to valuations of the MSR portfolio and the impact of the non-qualifying hedging strategy, which is included in mortgage banking net revenue in the Condensed Consolidated Statements of Income: For the three months ended March 31, ($ in millions) 2017 2016 Changes in fair value and settlement of free-standing derivatives purchased to economically hedge the MSR portfolio $ (1) 96 MSR fair value adjustment (23) - Provision for MSR impairment - (85) As of March 31, 2017 and 2016, the key economic assumptions used in measuring the interests in residential mortgage loans that continued to be held by the Bancorp at the date of sale or securitization resulting from transactions completed during the three months ended were as follows: March 31, 2017 March 31, 2016 Rate Weighted-Average Life (in years) Prepayment Speed (annual) OAS Spread (bps) Weighted-Average Life (in years) Prepayment Speed (annual) OAS Spread (bps) Residential mortgage loans: Servicing rights Fixed 6.7 9.9 % 485 6.3 12.6 % 539 Servicing rights Adjustable 2.3 34.9 700 3.0 27.5 681 Based on historical credit experience, expected credit losses for residential mortgage loan servicing rights have been deemed immaterial, as the Bancorp sold the majority of the underlying loans without recourse. At March 31, 2017 and December 31, 2016 , the Bancorp serviced $ 55.4 billion and $ 53.6 billion, respectively , of residential mortgage loans for other i nvestors. The value of MSRs that continue to be held by the Bancorp is subject to credit, prepayment and interest rate risks on the sold financial assets. At March 31, 2017, the sensitivity of the current fair value of residual cash flows to immediate 10%, 20% and 50% adverse changes in prepayment speed assumptions and immediate 10% and 20% adverse changes in other assumptions are as follows: Prepayment Residual Servicing Speed Assumption Cash Flows Fair Weighted-Average Life Impact of Adverse Change on Fair Value OAS Spread Impact of Adverse Change on Fair Value ($ in millions) (a) Rate Value (in years) Rate 10% 20% 50% (bps) 10% 20% Residential mortgage loans: Servicing rights Fixed $ 756 6.0 11.2 % $ (33) (63) (143) 528 $ (15) (30) Servicing rights Adjustable 20 3.3 25.2 (1) (3) (6) 757 - (1) (a) The impact of the weighted-average default rate on the current fair value of residual cash flows for all scenarios is immaterial . These sensitivities are hypothetical and should be used with caution. As the figures indicate, changes in fair value based on these variations in the assumptions typically cannot be extrapolated because the relationship of the change in assumption to the c hange in fair value may not be linear. The Bancorp believes variations of these levels are reasonably possible; however, there is the potential that adverse changes in key assumptions could be even greater. Also, in the previous table, the effect of a vari ation in a particular assumption on the fair value of the interests that continue to be held by the Bancorp is calculated without changing any other assumption; in reality, changes in one factor may result in changes in another (for example, increases in m arket interest rates may result in lower prepayments), which might magnify or counteract these sensitivities.

Derivative Financial Instrument

Derivative Financial Instruments	3 Months Ended
	Mar. 31, 2017
Derivative Financial Instruments
Derivative Financial Instruments	12. Derivative Financial Instruments The Bancorp maintains an overall risk management strategy that incorporates the use of derivative instruments to reduce c ertain risks related to interest rate, prepayment and foreign currency volatility. Additionally, the Bancorp holds derivative instruments for the benefit of its commercial customers and for other business purposes. The Bancorp does not enter into unhedged speculative derivative positions . The Bancorp’s interest rate risk management strategy involves modifying the repricing characteristics of certain financial instruments so that changes in interest rates do not adversely affect the Bancorp’s net interest margin and cash flows. Derivative instruments that the Bancorp may use as part of its interest rate risk management strategy include interest rate swaps, interest rate floors, interest rate caps, forward contracts, forward starting interest rate swaps, options and swaptions. Interest rate swap contracts are exchanges of interest payments, such as fixed-rate payments for floating-rate payments, based on a stated notional amount and maturity date. Interest rate floors protect against declining rates, while interest rate caps protect against rising interest rates. Forward contracts are contracts in which the buyer agrees to purchase, and the seller agrees to make delivery of, a specific financial instrument at a predetermined price or yield. Options provide the purchaser with the right, but no t the obligation, to purchase or sell a contracted item during a specified period at an agreed upon price. Swaptions are financial instruments granting the owner the right, but not the obligation, to enter into or cancel a swap. Prepayment volatility aris es mostly from changes in fair value of the largely fixed-rate MSR portfolio, mortgage loans and mortgage-backed securities. The Bancorp may enter into various free-standing derivatives (principal-only swaps, interest rate swaptions, interest rate floors, mortgage options, TBAs and interest rate swaps) to economically hedge prepayment volatility. Principal-only swaps are total return swaps based on changes in the value of the underlying mortgage principal-only trust. TBAs are a forward purchase agreement fo r a mortgage-backed securities trade whereby the terms of the security are undefined at the time the trade is made. Foreign currency volatility occurs as the Bancorp enters into certain loans denominated in foreign currencies. Derivative instruments that the Bancorp may use to economically hedge these foreign denominated loans include foreign exchange swaps and forward contracts. The Bancorp also enters into derivative contracts (including foreign exchange contracts, commodity contracts and interest rate contracts) for the benefit of commercial customers and other business purposes. The Bancorp economically hedge s significant exposures related to these free-standing derivatives by entering into offsetting third-party contracts with approved, reputable and independent counterparties with substantially matching terms and currencies. Credit risk arises from the possible inability of counterparties to meet the terms of their contracts. The Bancorp’s exposure is limited to the replacement value of the contracts rather than the notional, principal or contract amounts. Credit risk is minimized through credit approvals, limits, counterparty collateral and monitoring procedures. The Bancorp’s derivative assets include certain contractual features in which the Banc orp requires the counterparties to provide collateral in the form of cash and securities to offset changes in the fair value of the derivatives, including changes in the fair value due to credit risk of the counterparty. As of March 31, 2017 and December 31, 2016 , the balance of collateral held by the Bancorp for derivative assets was $ 414 million and $ 444 million, respectively. For derivative contracts cleared through certain central clearing parties who have modified their rules to treat variation margin payments as settlement of the derivative contract, the payments for variation margin of $ 32 million were applied to reduce the respective derivative contracts and were also not included in the total amount of collateral held as of March 31, 2017 . The credit component negatively impacting the fair value of derivative assets associated with customer accommodation contracts as of March 31, 2017 and December 31, 2016 was $ 4 million and $ 6 million, respectively. In measuring the fair value of derivative liabilities, the Bancorp considers its own credit risk, taking into consideration collateral maintenance requirements of certain derivative counterparties and the duration of instruments with counterparties that do not require collateral maintenance. When necessary, the Bancorp po sts collateral primarily in the form of cash and securities to offset changes in fair value of the derivatives, including changes in fair value due to the Bancorp’s credit risk. As of March 31, 2017 and December 31, 2016 , the balance of collateral posted by the Ban corp for derivative liabilities was $ 320 million and $ 399 million, respectively , and $ 49 million of variation margin payments were applied to the respective derivative contracts to reduce the Bancorp’s derivative liabil ities as of March 31, 2017 and were als o not included in the total amount of collateral posted . Certain of the Bancorp’s derivative liabilities contain credit-risk related contingent features that could result in the requirement to post additional collateral upon the occurrence of specified eve nts. As of March 31, 2017 and December 31, 2016 , the fair value of the additional collateral that could be required to be posted as a result of the credit-risk related contingent features being triggered was immaterial to the Condensed Consolidated Financ ial Statements. The posting of collateral has been determined to remove the need for further consideration of credit risk. As a result , the Bancorp determined that the impact of the Bancorp’s credit risk to the valuation of its derivative liabilities was i mmaterial to the Condensed Consolidated Financial Statements. The Bancorp holds certain derivative instruments that qualify for hedge accounting treatment and are designated as either fair value hedges or cash flow hedges. Derivative instruments that do not qualify for hedge accounting treatment, or for which hedge accounting is not established, are held as free-standing derivatives. All customer accommodation derivatives are held as free-standing derivatives. The fair value of derivative instruments is presented on a gross basis, even when the derivative instruments are subject to m aster netting arrangements. Derivative instruments with a positive fair value are reported in other assets in the Condensed Consolidated Balance Sheets while derivative instruments with a negative fair value are reported in other liabilities in the Condens ed Consolidated Balance Sheets. Cash collateral payables and receivables associated with the derivative instruments are not added to or netted against the fair value amounts with the exception of certain variation margin payments that are considered legal settlements of the derivative contracts. For derivative contracts cleared through certain central clearing parties who have modified their rules to treat variation margin payments as settlements, the variation margin payments are applied to net the fair va lue of the respective derivative contracts. The following tables reflect the notional amounts and fair values for all derivative instruments included in the Condensed Consolidated Balance Sheets as of: Fair Value Notional Derivative Derivative March 31, 2017 ($ in millions) Amount Assets Liabilities Derivatives Designated as Qualifying Hedging Instruments: Fair value hedges: Interest rate swaps related to long-term debt $ 2,955 305 - Total fair value hedges 305 - Cash flow hedges: Interest rate swaps related to C&I loans 4,475 - 18 Total cash flow hedges - 18 Total derivatives designated as qualifying hedging instruments 305 18 Derivatives Not Designated as Qualifying Hedging Instruments: Free-standing derivatives - risk management and other business purposes: Interest rate contracts related to MSR portfolio 10,602 129 22 Forward contracts related to residential mortgage loans held for sale 1,630 1 5 Swap associated with the sale of Visa, Inc. Class B Shares 1,481 - 97 Foreign exchange contracts 110 - - Total free-standing derivatives - risk management and other business purposes 130 124 Free-standing derivatives - customer accommodation: Interest rate contracts for customers 35,882 190 144 Interest rate lock commitments 780 16 - Commodity contracts 2,145 79 80 TBAs 36 - - Foreign exchange contracts 10,024 126 123 Total free-standing derivatives - customer accommodation 411 347 Total derivatives not designated as qualifying hedging instruments 541 471 Total $ 846 489 Fair Value Notional Derivative Derivative December 31, 2016 ($ in millions) Amount Assets Liabilities Derivatives Designated as Qualifying Hedging Instruments: Fair value hedges: Interest rate swaps related to long-term debt $ 3,455 323 12 Total fair value hedges 323 12 Cash flow hedges: Interest rate swaps related to C&I loans 4,475 22 - Total cash flow hedges 22 - Total derivatives designated as qualifying hedging instruments 345 12 Derivatives Not Designated as Qualifying Hedging Instruments: Free-standing derivatives - risk management and other business purposes: Interest rate contracts related to MSR portfolio 10,522 165 39 Forward contracts related to residential mortgage loans held for sale 1,823 20 3 Swap associated with the sale of Visa, Inc. Class B Shares 1,300 - 91 Foreign exchange contracts 111 - - Total free-standing derivatives - risk management and other business purposes 185 133 Free-standing derivatives - customer accommodation: Interest rate contracts for customers 33,431 205 210 Interest rate lock commitments 701 13 1 Commodity contracts 2,095 107 106 Foreign exchange contracts 11,013 202 204 Total free-standing derivatives - customer accommodation 527 521 Total derivatives not designated as qualifying hedging instruments 712 654 Total $ 1,057 666 Fair Value Hedges The Bancorp may enter into interest rate swaps to convert its fixed-rate funding to floating-rate. Decisions to convert fixed-rate funding to floating are made primarily through consideration of the asset/liability mix of the Bancorp, the desired asset/liability sensitivity and interest rate levels. For all interest rate swaps as of March 31, 2017 , an assessment of hedge effectiveness using regression analysis was performed and such swaps were accounted for using the “long-haul” method. The long-haul method requires a quarterly assessment of hedge effectiveness and measurement of ineffectiveness. For interest rate swaps accounted for as a fair value hedge using the long-haul method, ineffectiveness is the difference between the changes in the fair value of the interest rate swap and changes in fair value of the related hedged item attributable to the risk being hedged. The ineffectiveness on int erest rate swaps hedging fixed-rate funding is reported within interest expense in the Condensed Consolidated Statements of Income. The following table reflects the change in fair value of interest rate contracts, designated as fair value hedges, as well as the change in fair value of the related hedged items attributable to the risk being hedged, included in the Condensed Consolidated Statements of Income: Condensed Consolidated For the three months Statements of ended March 31, ($ in millions) Income Caption 2017 2016 Change in fair value of interest rate swaps hedging long-term debt Interest on long-term debt $ (21) 83 Change in fair value of hedged long-term debt attributable to the risk being hedged Interest on long-term debt 21 (85) Cash Flow Hedges The Bancorp may enter into interest rate swaps to convert floating-rate assets and liabilities to fixed rates or to hedge certain forecasted transactions. The assets or liabilities may be grouped in circumstances where they share the same risk exposure that the Bancorp desires to hedge. The Bancorp may also enter into interest rate caps and floors to limit ca sh flow variability of floating- rate assets and liabilities. As of March 31, 2017 , all hedges designated as cash flow he dges were assessed for effectiveness using regression analysis. Ineffectiveness is generally measured as the amount by which the cumulative change in the fair value of the hedging instrument exceeds the present value of the cumulative change in the hedged item’s expected cash flows attributable to the risk being hedged. Ineffectiveness is reported within other noninterest income in the Condensed Consolidated Statements of Income. The effective portion of the cumulative gains or losses on cash flow hedges ar e reported within AOCI and are reclassified from AOCI to current period earnings when the forecasted transaction affects earnings. As of March 31, 2017 , the maximum length of time over which the Bancorp is hedging its exposure to the variability in future ca sh flows is 33 months. Reclassified gains and losses on interest rate contra cts related to commercial and industrial loans are recorded within interest income in the Condensed Consolidated Statements of Income. As of March 31, 2017 and December 31, 2016 , $ 2 millio n and $ 10 million, respectively, of net deferred gains, net of tax, on cash flow hedges were recorded in AOCI in the Condensed Consolidated Balance Sheets. As of March 31, 2017 , $ 8 million in net deferred gains, net of tax, recorded in AOCI are expected to be reclassified into earnings during the next twelve months. This amount could differ from amounts actually recognized due to changes in interest rates, hedge de-designations, and the addition of other hedges subsequent to March 31, 2017 . During both the three months ended March 31, 2017 and 2016 , there were no gains or losses reclassified from AOCI into earnings associated with the discontinuance of cash flow hedges because it was probable that the original forecasted transaction would no lo nge r occur by the end of the originally specified time period or within the additional period of time as defined by U.S. GAAP. The following table presents the pretax net gains (losses) recorded in the Condensed Consolidated Statements of Income and in the Condensed Consolidated Statements of Comprehensive Income relating to derivative instruments designated as cash flow hedges: For the three months ended March 31, ($ in millions) 2017 2016 Amount of pretax net (losses) gains recognized in OCI $ (5) 74 Amount of pretax net gains reclassified from OCI into net income 8 14 Free-Standing Derivative Instruments – Risk Management and Other Business Purposes As part of its overall risk management strategy relative to its mortgage banking activity, the Bancorp may enter into various free-standing derivatives (principal-only swaps, interest rate swaptions, interest rate floors, mortgage options, TBAs and interest rate swaps) to economically hedge changes in fair value of its largely fixed-rate MSR portfolio. Principal-only swaps hedge the mortgage-LIBOR spread because these sw aps appreciate in value as a result of tightening spreads. Principal-only swaps also provide prepayment protection by increasing in value when prepayment speeds increase, as opposed to MSRs that lose value in a faster prepayment environment. Receive fixed/ pay floating interest rate swaps and swaptions increase in value when interest rates do not increase as quickly as expected. The Bancorp enters into forward contracts and mortgage options to economically hedge the change in fair value of certain residenti al mortgage loans held for sale due to changes in interest rates. IRLCs issued on residential mortgage loan commitments that will be held for sale are also considered free-standing derivative instruments and the interest rate exposure on these commitments is economically hedged primarily with forward contracts. Revaluation gains and losses from free-standing derivatives related to mortgage banking activity are recorded as a component of mortgage banking net revenue in the Condensed Consolidated Statements o f Income. In conjunction with the initial sale of the Bancorp’s 51 % interest in Vantiv Holding, LLC, the Bancorp received a warrant which is accounted for as a free-standing derivative. Refer to Note 19 for further discussion of significant inputs and assumptions used in the valuation of the warrant. During the year ended December 31, 2015, the Bancorp both sold and exercised part of the warrant. During the year ended December 31, 2016, the Bancorp exercised the re maining portion of the warrant. In co njunction with the sale of Visa, Inc. Class B S hares in 2009, the Bancorp entered into a total return swap in which the Bancorp will make or receive payments based on subsequent changes in the conversion rate of the Class B Shares into Class A S hares. This total return swap is accounted for as a free-standing derivative. Refer to Note 19 for further discussion of significant inputs and assumptions used in th e valuation of this instrument. The net (losses) gains recorded in the Condensed Consolidated Statements of Income relating to free-standing derivative instruments used for risk management and other business purposes are summarized in the following table: Condensed Consolidated For the three months Statements of ended March 31, ($ in millions) Income Caption 2017 2016 Interest rate contracts: Forward contracts related to residential mortgage loans held for sale Mortgage banking net revenue $ (21) (11) Interest rate contracts related to MSR portfolio Mortgage banking net revenue (1) 96 Foreign exchange contracts: Foreign exchange contracts for risk management purposes Other noninterest income (1) (4) Equity contracts: Stock warrant associated with Vantiv Holding, LLC Other noninterest income - 47 Swap associated with sale of Visa, Inc. Class B Shares Other noninterest income (13) 1 Free-Standing Derivative Instruments – Customer Accommodation The majority of the free-standing derivative instruments the Bancorp enters into are for the benefit of its commercial customers. These derivative contracts are not designated against specif ic assets or liabilities on the Condensed Consolidated Balance Sheet s or to forecasted transactions; and therefore, do not qualify for hedge accounting. These instruments include foreign exchange derivative contracts entered into for the benefit of commerc ial customers involved in international trade to hedge their exposure to foreign currency fluctuations and commodity contracts to hedge such items as natural gas and various other derivative contracts. The Bancorp may economically hedge significant exposur es related to these derivative contracts entered into for the benefit of customers by entering into offsetting contracts with approved, reputable , independent counterparties with substantially matching terms. The Bancorp hedges its interest rate exposure o n commercial customer transactions by executing offsetting swap agreements with primary dealers. Revaluation gains and losses on interest rate, foreign exchange, commodity and other commercial customer derivative contracts are recorded as a component of co rporate banking revenue in the Condensed Consolidated Statements of Income. The Bancorp enters into risk participation agreements, under which the Bancorp assumes credit exposure relating to certain underlying interest rate derivative contracts. The Banc orp only enters into these risk participation agreements in instances in which the Bancorp has participated in the loan that the underlying interest rate derivative contract was designed to hedge. The Bancorp will make payments under these agreements if a customer defaults on its obligation to perform under the terms of the underlying interest rate derivative contract. As of March 31, 2017 and December 31, 2016 , the total notional amount of the risk p articipation agreements was $2.6 billion and $2.5 billion, respect ively, and the fair value was a liability of $ 5 million and $ 4 million at March 31, 2017 and December 31, 2016 , respectively, which is included in other liabilities in the Condensed Consolidated Balance Sheets . As of March 31, 2017 , the risk participation agreements had a weighted-average remaining life of 3.0 years. The Bancorp’s maximum exposure in the risk participation agreements is contingent on the fair value of the underlying interest rate derivative contracts in an asset position at the time of default. The B ancorp monitors the credit risk associated with the underlying customers in the risk participation agreements through the same risk grading system currently utilized for establishing loss reserves i n its loan and lease portfolio. Risk ratings of the notional amount of risk participation agreements under this risk rating system are summarized in the following table as of: March 31, December 31, ($ in millions) 2017 2016 Pass $ 2,604 2,447 Special mention 8 14 Substandard 11 6 Total $ 2,623 2,467 The net gains (losses) recorded in the Condensed Consolidated Statements of Income relating to free-standing derivative instruments used for customer accommodation are summarized in the following table: For the three months Condensed Consolidated ended March 31, ($ in millions) Statements of Income Caption 2017 2016 Interest rate contracts: Interest rate contracts for customers (contract revenue) Corporate banking revenue $ 5 7 Interest rate contracts for customers (credit portion of fair value adjustment) Other noninterest expense - (1) Interest rate lock commitments Mortgage banking net revenue 22 42 Commodity contracts: Commodity contracts for customers (contract revenue) Corporate banking revenue 1 1 Commodity contracts for customers (credit portion of fair value adjustment) Other noninterest expense 1 (1) Foreign exchange contracts: Foreign exchange contracts for customers (contract revenue) Corporate banking revenue 13 16 Foreign exchange contracts for customers (credit portion of fair value adjustment) Other noninterest expense 1 (2) Offsetting Derivative Financial Instruments The Bancorp’s derivative transactions are generally governed by ISDA Master Agreements and similar arrangements, which include provisions governing the setoff of assets and liabilities between the parties. When the Bancorp has more than one outstanding derivative transaction with a single counterparty, the setoff provisions contained within these agreements generally allow the non-defaulting party the right to reduce its liability to the defaulting party by amoun ts eligible for setoff, including the collateral received as well as eligible offsetting transactions with that counterparty, irrespective of the currency, place of payment, or booking office. The Bancorp’s policy is to present its derivative assets and de rivative liabilities on the Condensed Consolidated Balance Sheets on a gross basis, even when provisions allowing for setoff are in place. However, for derivative contracts cleared through certain central clearing parties who have modified their rules to t reat variation margin payments as settlements, the fair value of the respective derivative contracts are reported net of the variation margin payments. Collateral amounts included in the tables below consist primarily of cash and highly-rated government-b acked securities and as of March 31, 2017 do not i nclude variation margin payments for derivative contracts with legal rights of setoff. The following tables provide a summary of offsetting derivative financial instruments: Gross Amount Gross Amounts Not Offset in the Recognized in the Condensed Consolidated Balance Sheets Condensed Consolidated As of March 31, 2017 ($ in millions) Balance Sheets (a) Derivatives Collateral (b) Net Amount Assets: Derivatives $ 830 (225) (345) 260 Total assets 830 (225) (345) 260 Liabilities: Derivatives 489 (225) (115) 149 Total liabilities $ 489 (225) (115) 149 Amount does not includ e IRLCs because these instruments are not subject to master netting or similar arrangements . Amount of collateral received as an offset to asset positions or pledged as an offset to liability positions. Collateral values in excess of related derivative amounts recognized in the Condensed Consolidated Balance Sheets were excluded from this table. Gross Amount Gross Amounts Not Offset in the Recognized in the Condensed Consolidated Balance Sheets Condensed Consolidated As of December 31, 2016 ($ in millions) Balance Sheets (a) Derivatives Collateral (b) Net Amount Assets: Derivatives $ 1,044 (374) (377) 293 Total assets 1,044 (374) (377) 293 Liabilities: Derivatives 665 (374) (125) 166 Total liabilities $ 665 (374) (125) 166 Amount does not includ e the stock warrant associated with Vantiv Holding, LLC and IRLCs because these instruments are not subject to master netting or similar arrangements . Amount of collateral received as an offset to asset positions or pledged as an offset to liability positions. Collateral values in excess of related derivative amounts recognized in the Condensed Consolidated Balance Sheets were excluded from this table.

Other Short Term Borrowings

Other Short Term Borrowings	3 Months Ended
	Mar. 31, 2017
Other Short Term Borrowings
Other Short Term Borrowings	13 . Other Short-Term Borrowings Borrowings with original maturities of one year or less are classified as short-term. The following table presents a summary of the Bancorp's other short-term borrowings as of: March 31, December 31, ($ in millions) 2017 2016 FHLB advances $ 950 2,500 Securities sold under repurchase agreements 684 661 Derivative collateral 381 374 Total other short-term borrowings $ 2,015 3,535 The Bancorp’s securities sold under repurchase agreements are accounted for as secured borrowings and are collateralized by securities included in available-for-sale and other securities in the Condensed Consolidated Balance Sheets. These securities are subject to changes in market value and, therefore, the Bancorp may increase or decrease the level of securities pledged as collateral based upon these movements in market value. The following table summarizes the Bancorp's securities sold under repurchase agreements by the type of collateral securing the borrowing and remaining contractual maturity as of: ($ in millions) March 31, 2017 December 31, 2016 Amount Remaining Contractual Maturity Amount Remaining Contractual Maturity Type of collateral: Agency residential mortgage-backed securities $ 684 Overnight 661 Overnight U.S. Treasury and federal agencies securities - Overnight - Overnight Total securities sold under repurchase agreements $ 684 661

Commitments, Contingent Liabili

Commitments, Contingent Liabilities and Guarantees	3 Months Ended
	Mar. 31, 2017
Commitments, Contingent Liabilities and Guarantees
Commitments, Contingent Liabilities and Guarantees	14 . Commitments, Contingent Liabilities and Guarantees The Bancorp, in the normal course of business, enters into financial instruments and various agreements to meet the financing needs of its customers. The Bancorp also enters into certain transactions and agreements to manage its interest rate and prepayment risks, provide funding, equipment and locations for its operations and invest in its communities. These instruments and agreements involve, to varying degrees, elements of credit risk, counterparty risk and market risk in excess of the amounts recognized in the Condensed Consolidated Balance Sheets. The creditworthiness of counterparties for all instruments and agreements is evaluated on a case-by-case basis in accordance with the Bancorp’s credit policies. The Bancorp’s significant commitments, contingent liabilities and guarantees in excess of the amounts recognized in the Condensed Consolidated Balance Sheets are discussed in the following sections. Commitments The Bancorp has certain commitments to make future payments under contracts. The following table reflects a summary of significant commitments as of: March 31, December 31, ($ in millions) 2017 2016 Commitments to extend credit $ 66,980 67,909 Letters of credit 2,525 2,583 Forward contracts related to residential mortgage loans held for sale 1,630 1,823 Noncancelable operating lease obligations 575 576 Purchase obligations 120 57 Capital commitments for private equity investments 57 59 Capital expenditures 49 29 Capital lease obligations 18 19 Commitments to extend credit Commitments to extend credit are agreements to lend, typically having fixed expiration dates or other termination clauses that may require payment of a fee. Since many of the commitments to extend credit may expire without being drawn upon, the total commitment amounts do not necessarily represent future cash flow requirements. The Bancorp is exposed to credit risk in the event of nonperformance by the counterparty for the amount of the contract. Fixed-rate commitments are a lso subject to market risk resulting from fluctuations in interest rates and the Bancorp’s exposure is limited to the replacement value of those commitments. As of March 31, 2017 and December 31, 2016 , the Bancorp had a reserve for unfunded commitments, i ncluding letters of credit, totaling $ 159 million and $ 161 million, respectively, included in other liabilities in the Condensed Consolidated Balance Sheets. The Bancorp monitors the credit risk associated with commitments to extend credit using the same risk rating system utilized within its loan and lease portfolio. Risk ratings under this risk rating system are summarized in the following table as of: March 31, December 31, ($ in millions) 2017 2016 Pass $ 65,821 66,802 Special mention 404 338 Substandard 743 753 Doubtful 12 16 Total commitments to extend credit $ 66,980 67,909 Letters of c r edit 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 March 31, 2017: ($ in millions) Less than 1 year (a) $ 1,405 1 - 5 years (a) 1,095 Over 5 years 25 Total letters of credit $ 2,525 ( a) Includes $ 17 and $ 5 issued on behalf of commercial customers to facilitate trade payments in U.S. dollars and foreign currencies which expire less than 1 y ear and between 1 - 5 years, respectively. Standby letters of credit accounted for 99 % of total letters of credit at both March 31, 2017 and December 31, 2016 , and are considered guarantees in accordance with U.S. GAAP. Approximately 6 2 % of the total standby letters of credit were collateralized as of both March 31, 2017 and De cember 31, 2016 . In the event of nonperformance by the customers, the Bancorp has rights to the underlying collateral, which can include commercial real estate, physical plant and property, inventory, receivables, cash and marketable securities. The reserve related to these standby letters of credit, which was included in the total reserve for unfunded commitments, was $ 4 million and $ 3 million at March 31, 2017 and December 31, 2016 , respectively . The Bancorp monitors the credit risk associated with letters of credit using the same risk rating system utilized within its loan and lease portfolio. Risk ratings under this risk rating system are summarized in the following table as of: March 31, December 31, ($ in millions) 2017 2016 Pass $ 2,100 2,134 Special mention 79 98 Substandard 282 290 Doubtful 64 61 Total letters of credit $ 2,525 2,583 At March 31, 2017 and December 31, 2016 , the Bancorp had outstanding letters of credit that were supporting certain securities issued as VRDNs. The Bancorp facilitates financing for its commercial customers, which consist of companies and municipalities, by marketing the VRDNs to investors. The VRDNs pay interest to holders at a rate of interest that fluctuates based upon market demand. The VRDNs generally have long-term maturity dates, but can be tendered by the holder for purchase at par value upon prop er advance notice. When the VRDNs are tendered, a remarketing agent generally finds another investor to purchase the VRDNs to keep the securities outstanding in the market. As of March 31, 2017 and December 31, 2016 , total VRDNs in which the Bancorp was t he remarketing agent or were supported by a Bancorp letter of credit were $ 897 million and $ 929 million, respectively, of which FTS acted as the remarketing agent to issuers on $ 760 million and $ 784 million, respectively. As remarketing agent, FTS is respo nsible for finding purchasers for VRDNs that are put by investors. The Bancorp issued letters of credit, as a credit enhancement, to $ 589 million and $ 609 million of the VRDNs remarketed by FTS, in addition to $ 138 million and $ 145 million in VRDNs remarke ted by third parties at March 31, 2017 and December 31, 2016 , respectively. These letters of credit are included in the total letters of credit balance provided in the previous table. The Bancorp held an immaterial amount and $ 6 million of these VRDNs in its portfolio and classified them as trading securities at March 31, 2017 and December 31, 2016 , respectively. Forward contracts related to residential mortgage loans held for sale The Bancorp enters into forward contracts to economically hedge the chang e in fair value of certain residential mortgage loans held for sale due to changes in interest rates. The outstanding notional amounts of these forward contracts are included in the summary of significant commitments table for all periods presented. Nonca ncelable operating lease obligations and other commitments The Bancorp’s subsidiaries have entered into a number of noncancelable lease agreements. The minimum rental commitments under noncancelable lease agreements are shown in the summary of significant commitments table. The Bancorp has also entered into a limited number of agreements for work related to banking center construction and to purchase goods or services. Contingent Liabilities Legal claims There are legal claims pending against the Bancorp and its subsidiaries that have arisen in the normal course of business. Refer to Note 15 for additional information regarding these proceedings. Guarantees The Bancorp has performance obligations upon the occurrence of certain events under financial gu arantees provided in certain contractual arrangements as discussed in the following sections. Residential mortgage loans sold with representation and warranty provisions Conforming residential mortgage loans sold to unrelated third parties are generally s old with representation and warranty provisions. A contractual liability arises only in the event of a breach of these representations and warranties and, in general, only when a loss results from the breach. The Bancorp may be required to repurchase any p reviously sold loan , indemnify or make whole the investor or insurer for which the representation or warranty of the Bancorp proves to be inaccurate, incomplete or misleading. For more information on how the Bancorp establishes the residential mortgage rep urchase reserve, refer to Note 1 of the Notes to the Consolidated Financial Statements included in the Bancorp’s Annual Report on Form 10-K for the year ended December 31, 2016 . As of March 31, 2017 and December 31, 2016 , the Bancorp maintained rese rves related to loans sold with representation and warranty provisions totaling $ 12 million and $ 13 million, respectively, included in other liabilities in the Condensed Consolidated Balance Sheets. The Bancorp uses the best information available when estimating its mortgage representation and warranty reserve; however, the estimation process is inherently uncertain and imprecise and, accordingly, losses in excess of the amounts reserved as of March 31, 2017 are reasonably possible. The Bancorp currently estimates that it is reasonably possible that it could incur losses related to mortgage representation and warranty provisions in an amount up to approximately $ 22 million in excess of amounts reserved. This estimate was derived by modifying the key assump tions to reflect management's judgment regarding reasonably possible adverse changes to those assumptions. The actual repurchase losses could vary significantly from the recorded mortgage representation and warranty reserve or this estimate of reasonably p ossible losses, depending on the outcome of various factors, including those previously discussed. For both the three months ended March 31, 2017 and 2016 , the Bancorp paid an immaterial amount in the form of make whole payments . For the three months ended March 31, 2017 and 2016 , the Bancorp repurchased $ 2 million and $ 4 million, respectively, in outstanding principal of loans to satisfy investor demands. Total repurchase demand requests during the three months ended March 31, 2017 and 2016 were $ 3 million and $ 6 million, respectively. Total outstanding repurchase demand inventory was $ 1 million and $ 2 million at March 31, 2017 and December 31, 2016 , respectively. The following table summarizes activity in the reserve for representation and warranty provisions: For the three months ended March 31, ($ in millions) 2017 2016 Balance, beginning of period $ 13 25 Net reductions to the reserve (1) (2) Losses charged against the reserve - - Balance, end of period $ 12 23 The following tables provide a rollforward of unresolved claims by claimant type for the three months ended: GSE Private Label March 31, 2017 ($ in millions) Units Dollars Units Dollars Balance, beginning of period 13 $ 2 - $ - New demands 23 3 - - Loan paydowns/payoffs (1) - - - Resolved demands (24) (4) - - Balance, end of period 11 $ 1 - $ - GSE Private Label March 31, 2016 ($ in millions) Units Dollars Units Dollars Balance, beginning of period 16 $ 4 2 $ - New demands 71 6 2 - Loan paydowns/payoffs (4) (1) - - Resolved demands (68) (7) (3) - Balance, end of period 15 $ 2 1 $ - Residential mortgage loans sold with credit recourse The Bancorp sold certain residential mortgage loans in the secondary market with credit recourse. In the event of any customer default, pursuant to the credit recourse provided, the Bancorp is required to reimburse the third party. The maximum amount of credit risk in the event of nonperformance by the underlying borrowers is equivalent to the total outstanding balance. In the event of nonperformance, the Bancorp has rights to the underlying collateral v alue securing the loan. The outstanding balances on these loans sold with credit recourse were $ 360 million and $ 374 million at March 31, 2017 and December 31, 2016 , respectively, and the delinquency rates were 2.5 % and 3.2 % at March 31, 2017 and December 3 1, 2016 , respectively. The Bancorp maintained an estimated credit loss reserve on these loans sold with credit recourse of $ 6 million and $ 7 million at March 31, 2017 and December 31, 2016 , respectively, recorded in other liabilities in the Condensed C onsolidated Balance Sheets. To determine the credit loss reserve, the Bancorp used an approach that is consistent with its overall approach in estimating credit losses for various categories of residential mortgage loans held in its loan portfolio. Margin accounts FTS, an indirect wholly-owned subsidiary of the Bancorp, guarantees the collection of all margin account balances held by its brokerage clearing agent for the benefit of its customers. FTS is responsible for payment to its brokerage clearing agen t for any loss, liability, damage, cost or expense incurred as a result of customers failing to comply with margin or margin maintenance calls on all margin accounts. The margin account balance held by the brokerage clearing agent was $ 14 million and $ 15 m illion at March 31, 2017 and December 31, 2016 , respectively. In the event of any customer default, FTS has rights to the underlying collateral provided. Given the existence of the underlying collateral provided and negligible historical credit losses, th e Bancorp does not maintain a loss reserve related to the margin accounts. Long-term borrowing obligations The Bancorp had certain fully and unconditionally guaranteed long-term borrowing obligations issued by wholly-owned issuing trust entities of $ 62 mi llion at both March 31, 2017 and December 31, 2016 . Visa litigation The Bancorp, as a member bank of Visa prior to Visa’s reorganization and IPO (the “IPO”) of its Class A common shares (the “Class A Shares”) in 2008, had certain indemnification obligati ons pursuant to Visa’s certificate of incorporation and by-laws and in accordance with their membership agreements. In accordance with Visa’s by-laws prior to the IPO, the Bancorp could have been required to indemnify Visa for the Bancorp’s proportional sh are of losses based on the pre-IPO membership interests. As part of its reorganization and IPO, the Bancorp’s indemnification obligation was modified to include only certain known or anticipated litigation (the “Covered Litigation”) as of the date of the r estructuring. This modification triggered a requirement for the Bancorp to recognize a liability equal to the fair value of the indemnification liability. In conjunction with the IPO, the Bancorp received 10.1 million of Visa’s Class B common shares (the “Class B Shares”) based on the Bancorp’s membership percentage in Visa prior to the IPO. The Class B Shares are not transferable (other than to another member bank) until the later of the third anniversary of the IPO closing or the date which the Covered Litigation has been resolved; therefore, the Bancorp’s Class B Shares were classified in other assets and accounted for at their carryover basis of $ 0 . Visa deposited $ 3 billion of the proceeds from the IPO into a litigation escrow account, established for the purpose of funding judgments in, or settlements of, the Covered Litigation. Since then, when Visa’s litigation committee determined that the escrow account was insufficient; Visa issued additional Class A Shares and deposited the proceeds from the sal e of the Class A Shares into the litigation escrow account. When Visa funded the litigation escrow account, the Class B Shares were subjected to dilution through an adjustment in the conversion rate of Class B Shares into Class A Shares. In 2009, the Banc orp completed the sale of Visa, Inc. Class B Shares and entered into a total return swap in which the Bancorp will make or receive payments based on subsequent changes in the conversion rate of the Class B Shares into Class A Shares. The swap terminates on the later of the third anniversary of Visa’s IPO or the date on which the Covered Litigation is settled. Refer to Note 19 for additional information on the valuation of the swap. The counterparty to the swap as a result of its ownership of the Class B Shares will be impacted by dilutive adjustments to the conversion rate of the Class B Shares into Class A Shares caused by any Covered Litigation losses in excess of the litigation escrow account. If actual judgments in, or settlements of, the Covered Lit igation significantly exceed current expectations, then additional funding by Visa of the litigation escrow account and the resulting dilution of the Class B Shares could result in a scenario where the Bancorp’s ultimate exposure associated with the Covere d Litigation (the “Visa Litigation Exposure”) exceeds the value of the Class B Shares owned by the swap counterparty (the “Class B Value”). In the event the Bancorp concludes that it is probable that the Visa Litigation Exposure exceeds the Class B Value, the Bancorp would record a litigation reserve liability and a corresponding amount of other noninterest expense for the amount of the excess. Any such litigation reserve liability would be separate and distinct from the fair value derivative liability asso ciated with the total return swap. As of the date of the Bancorp’s sale of the Visa Class B Shares and through March 31, 2017 , the Bancorp has concluded that it is not probable that the Visa Litigation Exposure will exceed the Class B value. Based on this d etermination, upon the sale of Class B Shares, the Bancorp reversed its net Visa litigation reserve liability and recognized a free-standing derivative liability associated with the total return swap. The fair value of the swap liability was $ 97 million at March 31, 2017 and $ 91 million at December 31, 2016 . Refer to Note 12 and Note 19 for further information. After the Bancorp’s sale of the Class B Shares, Visa has funded additional amounts into the litigation escrow acc ount 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: Visa Bancorp Cash Period ($ in millions) Funding Amount Payment Amount Q2 2010 $ 500 20 Q4 2010 800 35 Q2 2011 400 19 Q1 2012 1,565 75 Q3 2012 150 6 Q3 2014 450 18 i

Legal and Regulatory Proceeding

Legal and Regulatory Proceedings	3 Months Ended
	Mar. 31, 2017
Legal And Regulatory Proceedings
Legal and Regulatory Proceedings	15. Legal and Regulatory Proceedings Litigation Visa/Mastercard Merchant Interchange Litigation In April 2006, the Bancorp was added as a defendant in a consolidated antitrust class action lawsuit originally filed against Visa®, MasterCard® and several other major financial institutions in the United States District Court for the Eastern District of New York. The plaintiffs, merchants operating commercial businesses throughout the U.S. and trade associations, claimed that the interchange fees charged by card-issuing banks were unreasonable and sought injunctive relief and unspecified damages. In addit ion to being a named defendant, the Bancorp is also subject to a possible indemnification obligation of Visa as discussed in Note 14 and has also entered into judgment and loss sharing agreements with Visa, MasterCard and certain other named defendants . In October 2012, the parties to the litigation entered into a settlement agreement. On January 14, 2014, the trial court entered a final order approving the class settlement. A number of merchants filed appeals from that approval. The U.S. Court of Appea ls for the Second Circuit held a hearing on those appeals and on June 30, 2016, reversed the district court’s approval of the class settlement, remanding the case to the district court for further proceedings. In rejecting the settlement, the appellate cou rt found that counsel for plaintiffs was conflicted and thus could not adequately represent the plaintiff-class members of the separate monetary and injunctive relief settlement classes. The appellate court decertified the settlement classes, ordered that the case return to the trial court and directed the trial court to appoint separate counsel for the separate plaintiff classes. On March 27, 2017, the Supreme Court of the United States denied a petition for writ of certiorari seeking to review the Second Circuit’s decision. P ursuant to the terms of the overturned settlement agreement, the Bancorp previously paid $ 46 million into a class settlement escrow account. Because the appellate court ruling remands the case to the district court for further proceedi ngs, the ultimate outcome in this matter is uncertain. Approximately 8,000 merchants requested exclusion from the class settlement, and therefore, pursuant to the terms of the settlement agreement, 25% of the funds paid into the class settlement escrow acc ount were already returned to the control of the defendants. More than 460 of the merchants who requested exclusion from the class filed separate federal lawsuits against Visa, MasterCard and certain other defendants alleging similar antitrust violations. These “opt-out” federal lawsuits were transferred to the United States District Court for the Eastern District of New York. The Bancorp was not named as a defendant in any of the opt-out federal lawsuits, but may have obligations pursuant to indemnificatio n arrangements and/or the judgment or loss sharing agreements noted above. On July 18, 2015, the court in which all the remaining opt-out federal lawsuits have been consolidated denied defendants’ motion to dismis s the complaints. Refer to Note 14 for further information. Klopfenstein v. Fifth Third Bank On August 3, 2012, William Klopfenstein and Adam McKinney filed a lawsuit against Fifth Third Bank in the United States District Court for the Northern District of Ohio (Klopfenstein et al. v. Fifth Th ird Bank), alleging that the 120% APR that Fifth Third disclosed on its Early Access program was misleading. Early Access is a deposit-advance program offered to eligible cus tomers with checking accounts. The plaintiffs sought to represent a nationwide cla ss of customers who used the Early Access program and repaid their cash advances within 30 days. On October 31, 2012, the case was transferred to the United States District Court for t he Southern District of Ohio. In 2013, four similar putative class actio ns were filed against Fifth Third Bank in federal courts throughout the country (Lori and Danielle Laskaris v. Fifth Third Bank, Janet Fyock v. Fifth Third Bank, Jesse McQuillen v. Fifth Third Bank, and Brian Harrison v. Fifth Third Bank). Those four lawsuits were transferred to the Southern District of Ohio and consolidated with the original lawsuit as In re: Fifth Third Early A ccess Cash Advance Litigation. On behalf of a putative class, the plaintiffs seek unspecified monetary and statutory damages, injunctive relief, punitive damages, attorney’s fees, and pr e- and post-judgment interest. On March 30, 2015, the court dismissed all claims alleged in the consolidated l awsuit except a claim under the TILA. No trial date has been scheduled. Nina Investm ents, LLC v. Fifth Third Bank On July 5, 2012, Nina Investments, LLC (“Nina”) filed a lawsuit against Fifth Third Bank (Nina Investments, LLC. v. Fifth Third Bank, et al.) in the Circuit Court of Cook County, Illinois , alleging fraud and conspiracy to comm it fraud related to a credit facility established by Fifth Third Bank in 2007 to fi nance life insurance premiums. Nina invested funds in an entity related to the borrower under the credit facility and is claiming over $ 70 million in damages based on its al leged loss of these f unds. Nina alleges that it would have made different investment decisions if Fifth Third had disclosed fraud committed by the borrower with the alleged knowl edge of Fifth Third employees. Nina filed this lawsuit in response to a lawsui t filed by Fifth Third Bank in the same court on June 11, 2010 against Nina and other defendants (Fifth Third Bank v. Concord Capital Management, LLC, et al.) alleging fraud and breach of contract. In 2015, t he court dismissed Fifth Third's contract and fr aud claims against certain def endants. On October 20, 2016, the court denied Fifth Third’s motion to assert a new claim against Nina and other investors for fraudulent inducement of a guarantee related to the credit facility and to reassert claims for brea ch of guarantee against certain of the investors who also acted as guarantors. On March 17, 2017, after hearing motions for summary judgment, the court dismissed, in part, Nina’s fraud claims against Fifth Third, Fifth Third’s claims against the other defe ndants and Fifth Third’s claim for fraudulent conveyance against Nina. Nina filed a Motion for Reconsideration of the court’s summary judgment ruling, which motion was denied on May 1, 2017. Trial on Nina’s remaining claim has been scheduled in these conso lidated actions for May 15, 2017. Helton v. Fifth Third Bank On August 31, 2015, trust beneficiaries filed an action against Fifth Third Bank, as trustee, in the Probate Court for Hamilton County, Ohio (Helen Clarke Helton, et al. v. Fifth Third Bank). Th e plaintiffs allege breach of the duty to diversify, breach of the duty of impartiality, breach of trust/fiduciary duty, and unjust enrichment, based on Fifth Third’s alleged failure to diversify assets held in two trusts held for the plaintiffs’ benefit. The lawsuit seeks unspecified monetary damages, attorney’s fees, removal of Fifth Third as trustee, and injunctive relief. On January 5, 2016, the Court denied Fifth Third’s motion to dismiss. Trial is currently scheduled for January 16, 2018 . Upsher-Sm ith Laboratories, Inc. v. Fifth Third Bank On February 2, 2012, Upsher-Smith Laboratories, Inc. (“Upsher-Smith”) filed suit against Fifth Third Bank in the Fourth Judicial District, Hennepin County, Minnesota (Upsher-Smith Laboratories Inc. v. Fifth Third Bank), alleging that Fifth Third improperly implemented foreign exchange (“FX”) transactions requested by plaintiff’s authorized employee who allegedly was the victim of fraud by a third party. Plaintiff asserts claims for breach of contract and the implie d covenant of good faith and fair dealing under Article 4A-202 of the Uniform Commercial Code, with losses allegedly totalling almost $40 million. On March 3, 2016, Fifth Third removed the case to the United States District Court for the District of Minnes ota. Fifth Third filed a motion to transfer venue to the United States District Court for the Southern District of Ohio on April 7, 2016, which was denied on December 29, 2016. Discovery was stayed pending the Court’s ruling on the motion to transfer. No t rial date has been scheduled. The Champions Home Owners Association, Inc. v. Jeffrey D. Quammen, et al. On September 12, 2013 Fifth Third Bank was named as a defendant in a cross-complaint filed by Royce Pulliam, P&P Real Estate, LLC and Global Fitness Holdings, LLC (“Plaintiffs”) in the Jessamine Circuit Court in Jessamine County, Kentucky. The Plaintiffs allege that Fifth Third Bank breached a contract to provide commercial funding for Plaintiffs’ national fitness franchise. The Plaintiffs cl aim to have sustained over $50 million in damages from the alleged contract breach. Fifth Third Bank denies that any breach of contract occurred, and further asserts that Plaintiffs executed multiple releases waiving the claims at issue in the litigation. Fifth Third Bank has asserted a $1.5 million claim against Plaintiff Royce Pulliam for breach of guaranty. On February 3, 2017 the Jessamine Circuit Court ruled in favor of Fifth Third Bank granting summary judgment on Fifth Third’s claim for breach of gua ranty. The Court denied Fifth Third Bank’s motion for summary judgment seeking dismissal of the Plaintiffs’ claims. A bench trial concluded in late March 2017. Final post-trial briefing is scheduled to be submitted in May 2017, and decision is expected the reafter. Other Litigation The Bancorp and its subsidiaries are not parties to any other material litigation. However, there are other litigation matters that arise in the normal course of business. While it is impossible to ascertain the ultimate resoluti on or range of financial liability with respect to these contingent matters, management believes that the resulting liability, if any, from these other actions would not have a material effect upon the Bancorp’s consolidated financial position, results of operations or cash flows. Governmental Investigations and Proceedings The Bancorp and/or its affiliates are involved in information-gathering requests, reviews, investigations and proceedings (both formal and informal) by various governmental reg ulatory agencies and law enforcement authorities, including but not limited to the CFPB, FINRA, etc., as well as self-regulatory bodies regarding their respective businesses. Additional matters will likely arise from time to time. Any of these matters may result in material adverse consequences to the Bancorp, its affiliates and/or their respective directors, officers and other personnel, including adverse judgments, findings, settlements, fines, penalties, orders, injunctions or other actions, amendments a nd/or restatements of the Bancorp’s SEC filings and/or financial statements, as applicable, and/or determinations of material weaknesses in our disclosure controls and procedures. Investigations by regulatory authorities may from time to time result in civ il or criminal referrals to law enforcement. Reasonably Possible Losses in Excess of Accruals The Bancorp and its subsidiaries are parties to numerous claims and lawsuits as well as threatened or potential actions or claims concerning matters arising fro m the conduct of its business activities. The outcome of claims or litigation and the timing of ultimate resolution are inherently difficult to predict. The following factors, among others, contribute to this lack of predictability: claims often include si gnificant legal uncertainties, damages alleged by plaintiffs are often unspecified or overstated, discovery may not have started or may not be complete and material facts may be disputed or unsubstantiated. As a result of these factors, the Bancorp is not always able to provide an estimate of the range of reasonably possible outcomes for each claim. An accrual for a potential litigation loss is established when information related to the loss contingency indicates both that a loss is probable and that the a mount of loss can be reasonably estimated. Any such accrual is adjusted from time to time thereafter as appropriate to reflect changes in circumstances. The Bancorp also determines, when possible (due to the uncertainties described above), estimates of rea sonably possible losses or ranges of reasonably possible losses, in excess of amounts accrued. Under U.S. GAAP, an event is “reasonably possible” if “the chance of the future event or events occurring is more than remote but less than likely” and an event is “remote” if “the chance of the future event or events occurring is slight.” Thus, references to the upper end of the range of reasonably possible loss for cases in which the Bancorp is able to estimate a range of reasonably possible loss mean the upper end of the range of loss for cases for which the Bancorp believes the risk of loss is more than slight. For matters where the Bancorp is able to estimate such possible losses or ranges of possible losses, the Bancorp currently estimates that it is reasonab ly possible that it could incur losses related to legal and regulatory proceedings in an aggregate amount up to approximately $ 18 million in excess of amounts accrued, with it also being reasonably possible that no losses will be incurred in these matters. The estimates included in this amount are based on the Bancorp’s analysis of currently available information, and as new information is obtained the Bancorp may change its estimates. For these matters and others where an unfavorable outcome is reasonably possible but not probable, there may be a range of possible losses in excess of the established accrual that cannot be estimated. Based on information currently available, advice of counsel, available insurance coverage and established accruals, the Banco rp believes that the eventual outcome of the actions against the Bancorp and/or its subsidiaries, including the matters described above, will not, individually or in the aggregate, have a material adverse effect on the Bancorp’s consolidated financial posi tion. However, in the event of unexpected future developments, it is possible that the ultimate resolution of those matters, if unfavorable, may be material to the Bancorp’s results of operations for any particular period, depending, in part, upon the size of the loss or liability imposed and the operating results for the applicable period.

Income Taxes

Income Taxes	3 Months Ended
	Mar. 31, 2017
Income Taxes
Income Taxes	16 . Income Taxes The applicable income tax expense was $91 million and $109 million for the three months ended March 31, 2017 and 2016, respectively. The effective tax rates for the three months ended March 31, 2017 and 2016 were 22.9 % and 25.1 %, respectively. A net tax deficiency of $1 million was reclassified from capital surplus to applicable income tax expense at March 31, 2016, related to the early adoption of ASU 2016-09 during the fourth quarter of 2016, with an effective date of January 1, 2016 . The decrease in the effective tax rate for the three months ended March 31, 2017 compared to the same period in the prior year was primarily related to a reduction in income tax expense for the recognition of excess tax benefits related to stock-based compensation recorded in the first quarter of 2017. While it is reasonably possible that the amount of the unrecognized tax benefits with respect to certain of the Bancorp’s uncertain tax positions could increase or decrease during the next 1 2 months, the Bancorp believes it is unlikely that its unrecognized tax benefits will change by a material amount during the next 12 months.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income	3 Months Ended
	Mar. 31, 2017
Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income	17. Accumulated Other Comprehensive Income The tables below present the activity of the components of OCI and AOCI for the three months ended: Total Other Total Accumulated Other Comprehensive Income Comprehensive Income Pretax Tax Net Beginning Net Ending March 31, 2017 ($ in millions) Activity Effect Activity Balance Activity Balance Unrealized holding gains on available-for-sale securities arising during period $ 22 (7) 15 Reclassification adjustment for net losses on available-for-sale securities included in net income 2 (1) 1 Net unrealized gains on available-for-sale securities 24 (8) 16 101 16 117 Unrealized holding losses on cash flow hedge derivatives arising during period (5) 2 (3) Reclassification adjustment for net gains on cash flow hedge derivatives included in net income (8) 3 (5) Net unrealized gains on cash flow hedge derivatives (13) 5 (8) 10 (8) 2 Reclassification of amounts to net periodic benefit costs 2 (1) 1 Defined benefit pension plans, net 2 (1) 1 (52) 1 (51) Total $ 13 (4) 9 59 9 68 Total Other Total Accumulated Other Comprehensive Income Comprehensive Income Pretax Tax Net Beginning Net Ending March 31, 2016 ($ in millions) Activity Effect Activity Balance Activity Balance Unrealized holding gains on available-for-sale securities arising during period $ 695 (243) 452 Reclassification adjustment for net gains on available-for-sale securities included in net income (8) 3 (5) Net unrealized gains on available-for-sale securities 687 (240) 447 238 447 685 Unrealized holding gains on cash flow hedge derivatives arising during period 74 (26) 48 Reclassification adjustment for net gains on cash flow hedge derivatives included in net income (14) 5 (9) Net unrealized gains on cash flow hedge derivatives 60 (21) 39 22 39 61 Reclassification of amounts to net periodic benefit costs 2 (1) 1 Defined benefit pension plans, net 2 (1) 1 (63) 1 (62) Total $ 749 (262) 487 197 487 684 The table below presents reclassifications out of AOCI: Condensed Consolidated Statements of Income Caption For the three months ended March 31, Components of AOCI: ($ in millions) 2017 2016 Net unrealized gains on available-for-sale securities: (b) Net losses included in net income Securities gains, net $ (2) 8 Income before income taxes (2) 8 Applicable income tax expense 1 (3) Net income (1) 5 Net unrealized gains on cash flow hedge derivatives: (b) Interest rate contracts related to C&I loans Interest and fees on loans and leases 8 14 Income before income taxes 8 14 Applicable income tax expense (3) (5) Net income 5 9 Net periodic benefit costs: (b) Amortization of net actuarial loss Employee benefits expense (a) (2) (2) Income before income taxes (2) (2) Applicable income tax expense 1 1 Net income (1) (1) Total reclassifications for the period Net income $ 3 13 This AOCI component is included in the computation of net periodic benefit cost. Refer to Note 21 of the Notes to the Consolidated Financial Statements included in the Bancorp’s Annual Report on Form 10-K for the year ended December 31, 2016 for information on the computation of net periodic benefit cost . Amounts in parentheses indicate reductions to net income .

Earnings Per Share

Earnings Per Share	3 Months Ended
	Mar. 31, 2017
Earnings Per Share
Earnings Per Share	18. Earnings Per Share The following table provides the calculation of earnings per share and the reconciliation of earnings per share and earnings per diluted share: 2017 2016 (a) For the three months ended March 31, Average Per Share Average Per Share (in millions, except per share data) Income Shares Amount Income Shares Amount Earnings Per Share: Net income available to common shareholders $ 290 311 Less: Income allocated to participating securities 4 3 Net income allocated to common shareholders $ 286 748 0.38 308 774 0.40 Earnings Per Diluted Share: Net income available to common shareholders $ 290 311 Effect of dilutive securities: Stock-based awards - 13 - 4 Net income available to common shareholders 290 311 plus assumed conversions Less: Income allocated to participating securities 4 3 Net income allocated to common shareholders plus assumed conversions $ 286 761 0.38 308 778 0.40 A net tax deficiency of $1 million was reclassified from capital surplus to applicable income tax expense and average common shares outstanding – diluted were adjusted at March 31, 2016, related to the early adoption of ASU 2016-09 during the fourth quarter of 2016, with an effective date of January 1, 2016 Shares are excluded from the computation of earnings per diluted share when their inclusion has an anti-dilutive effect on earnings per share. The diluted earnings per share computation for the three months ended March 31, 2017 and March 31, 2016 excludes 6 million and 27 million, respectively, of SARs and an immaterial amount of stock options because their inclusion would have been anti-dilutive. The diluted earnings per share computation for the three months ended March 31, 2016 excludes the impact of t he forward contract related to the March 4, 2016 accelerated share repurchase transaction. Based upon the average daily volume weighted-average price of the Bancorp’s common stock during the first quarter of 2016, the counterparty to the transaction would have been required to deliver additional shares for the settlement of the forward contract as of March 31, 2016, and thus the impact of the forward contract related to the accelerat ed share repurchase transaction would have been anti-dilutive to earnings p er share.

Fair Value Measurements

Fair Value Measurements	3 Months Ended
	Mar. 31, 2017
Fair Value Measurements
Fair Value Measurements	19. Fair Value Measurements The Bancorp measures certain financial assets and liabilities at fair value in accordance with U.S. GAAP, which defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. U.S. GAAP also establishes a fair value hierarchy, which prioritizes the inputs to valuation techniques used to measure fair value into three broad levels. The fair value hierarchy gi ves the highest priority to quoted prices in active markets for identical assets or liabilities (Level 1) and the lowest priority to unobservable inputs (Level 3). A financial instrument’s categorization within the fair value hierarchy is based upon the lo west level of input that is significant to the instrument’s fair value measurement. For more information regarding the fair value hierarchy, refer to Note 1 of the Notes to the Consolidated Financial Statements included in the Bancorp’s Annual Report on Form 10-K for t he year ended December 31, 2016 . Assets and Liabilities Measured at Fair Value on a Recurring Basis The following tables summarize assets and liabilities measured at fair value on a recurring basis as of: Fair Value Measurements Using March 31, 2017 ($ in millions) Level 1 (c) Level 2 (c) Level 3 Total Fair Value Assets: Available-for-sale and other securities: U.S. Treasury and federal agencies securities $ 437 - - 437 Obligations of states and political subdivisions securities - 45 - 45 Mortgage-backed securities: Agency residential mortgage-backed securities - 16,245 - 16,245 Agency commercial mortgage-backed securities - 8,672 - 8,672 Non-agency commercial mortgage-backed securities - 3,299 - 3,299 Asset-backed securities and other debt securities - 2,134 - 2,134 Equity securities (a) 90 1 - 91 Available-for-sale and other securities (a) 527 30,396 - 30,923 Trading securities: U.S. Treasury and federal agencies securities - 18 - 18 Obligations of states and political subdivisions securities - 21 - 21 Mortgage-backed securities: Agency residential mortgage-backed securities - 265 - 265 Asset-backed securities and other debt securities - 24 - 24 Equity securities 361 - - 361 Trading securities 361 328 - 689 Residential mortgage loans held for sale - 606 - 606 Residential mortgage loans (b) - - 141 141 MSRs (f) - - 776 776 Derivative assets: Interest rate contracts 1 624 16 641 Foreign exchange contracts - 126 - 126 Commodity contracts 23 56 - 79 Derivative assets (d) 24 806 16 846 Total assets $ 912 32,136 933 33,981 Liabilities: Derivative liabilities: Interest rate contracts $ 5 179 5 189 Foreign exchange contracts - 123 - 123 Equity contracts - - 97 97 Commodity contracts 8 72 - 80 Derivative liabilities (e) 13 374 102 489 Short positions (e) 21 6 - 27 Total liabilities $ 34 380 102 516 Excludes FHLB, FRB and DTCC restricted stock holdings totaling $ 248 , $ 359 and $ 1 , respectively, at March 31, 2017 . Includes residential mortgage loans originated as held for sale and subsequently transferred to held for investment. During the three months ended March 31, 2017 , no assets or liabilities were transferred between Level 1 and Level 2. Included in other assets in the Condensed Consolidated Balance Sheets. Included in other liabilities in the Condensed Consolidat ed Balance Sheets. Effective January 1, 2017, the Bancorp has elected the fair value measurement method for all existing classes of its residential mortgage servicing rights. The servicing rights were measured at fair value at March 31, 2017 and were measu red under the amortization method at December 31, 2016. Fair Value Measurements Using December 31, 2016 ($ in millions) Level 1 (c) Level 2 (c) Level 3 Total Fair Value Assets: Available-for-sale and other securities: U.S. Treasury and federal agencies securities $ 471 78 - 549 Obligations of states and political subdivisions securities - 45 - 45 Mortgage-backed securities: Agency residential mortgage-backed securities - 15,608 - 15,608 Agency commercial mortgage-backed securities - 9,055 - 9,055 Non-agency commercial mortgage-backed securities - 3,112 - 3,112 Asset-backed securities and other debt securities - 2,116 - 2,116 Equity securities (a) 90 1 - 91 Available-for-sale and other securities (a) 561 30,015 - 30,576 Trading securities: U.S. Treasury and federal agencies securities - 23 - 23 Obligations of states and political subdivisions securities - 39 - 39 Mortgage-backed securities: Agency residential mortgage-backed securities - 8 - 8 Asset-backed securities and other debt securities - 15 - 15 Equity securities 325 - - 325 Trading securities 325 85 - 410 Residential mortgage loans held for sale - 686 - 686 Residential mortgage loans (b) - - 143 143 Derivative assets: Interest rate contracts 20 715 13 748 Foreign exchange contracts - 202 - 202 Commodity contracts 22 85 - 107 Derivative assets (d) 42 1,002 13 1,057 Total assets $ 928 31,788 156 32,872 Liabilities: Derivative liabilities: Interest rate contracts $ 3 257 5 265 Foreign exchange contracts - 204 - 204 Equity contracts - - 91 91 Commodity contracts 27 79 - 106 Derivative liabilities (e) 30 540 96 666 Short positions (e) 17 4 - 21 Total liabilities $ 47 544 96 687 Excludes FHLB, FRB and DTCC restricted stock holdings totaling $248, $358 and $1 , respectively, at December 31, 2016 . Includes residential mortgage loans originated as held for sale and subsequently transferred to held for investment. During the year ended December 31, 2016 , no assets or liabilities were transferred between Level 1 and Level 2. Included in other assets in the Condensed Consolidated Balance Sheets. Included in other liabilities in the Condensed Consolidated Balance Sheets. The following is a description of the valuation methodologies used for significant instruments measured at fair value, as well as the general classification of such instruments pursuant to the valuation hierarchy. Available-for-sale and other securities and trading securities Where quoted prices are available in an active market, securities are classified within Leve l 1 of the valuation hierarchy. Level 1 securities include U.S. Treasury securities and exchange-traded equities. If quoted market prices ar e not available, then fair values are estimated using pricing models, quoted prices of securities with similar characteristics or DCFs. Level 2 securities include federal agencies securities, obligations of states and political subdivisions securities, age ncy residential mortgage-backed securities, agency and non-agency commercial mortgage-backed securities , asset - backed securities and other debt securities and equity securities . These securities are generally valued using a market approach based on observa ble prices of securities with similar characteristics. Residential mortgage loans held for sale For residential mortgage loans held for sale for which the fair value election has been made, fair value is estimated based upon mortgage-backed securities prices and spreads to those prices or, for certain ARM loans, DCF models that may incorporate the anticipated portfolio composition, credit spreads of asset-backed securities with similar collateral and market conditions. The anticipated portfolio composit ion includes the effect of interest rate spreads and discount rates due to loan characteristics such as the state in which the loan was originated, the loan amount and the ARM margin. Residential mortgage loans held for sale that are valued based on mortga ge-backed securities prices are classified within Level 2 of the valuation hierarchy as the valuation is based on external pricing for similar instruments. ARM loans classified as held for sale are also classified within Level 2 of the valuation hierarchy due to the use of observable inputs in the DCF model. These observable inputs include interest rate spreads from agency mortgage-backed securities market rates and observable discount rates. Residential mortgage loans Residential mortgage loans held for sale that are reclassified to held for investment are transferred from Level 2 to Level 3 of the fair value hierarchy. It is the Bancorp’s policy to value any transfers between levels of the fair value hierarchy based on end of period fair values. For re sidential mortgage loans for which the fair value election has been made, and that are reclassified from held for sale to held for investment, the fair value estimation is based on mortgage - backed securities prices, interest rate risk and an internally dev eloped credit component. Therefore, these loans are classified within Level 3 of the valuation hierarchy. An adverse change in the loss rate or severity assumption would result in a decrease in fair value of the related loan. The Secondary Marketing depart ment, which reports to the Bancorp’s Head of the Consumer Bank, in conjunction with the Consumer Credit Risk department, which reports to the B ancorp’s Chief Risk Officer, are responsible for determining the valuation methodology for residential mortgage loans held for investment. The Secondary Marketing department reviews loss severity assumptions quarterly to determine if adjustments are necessary based on decreases in observable housing market data. This group also reviews trades in comparable benchmark securities and adjusts the values of loans as necessary. Consumer Credit Risk is responsible for the credit component of the fair value which is based on internally developed loss rate models that take into account historical loss rates and loss severitie s based on underlying collateral values. MSRs Effective January 1, 2017, the Bancorp elected the fair value measurement method for all existing classes of its residential mortgage servicing rights. MSRs do not trade in an active, open market with readily observable prices. Wh ile sales of MSRs do occur, the precise terms and conditions typically are not readily available. Accordingly, the Bancorp estimates the fair value of MSRs using internal OAS models with certain unobservable inputs, primarily prepayment speed assumptions, OAS and weighted-average lives, resulting in a classification within Level 3 of the valuation hierarchy. Refer to Note 11 for further information on the assumptions used in the valuation of the Bancorp’s MSRs. The Secondary Marketing department and Tr easury department are responsible for determining the valuation methodology for MSRs. Representatives from Secondary Marketing, Treasury, Accounting and Risk Management are responsible for reviewing key assumptions used in the internal OAS model. Two exter nal valuations of the MSR portfolio are obtained from third parties that use valuation models in order to assess the reasonableness of the internal OAS model. Additionally, the Bancorp participates in peer surveys that provide additional confirmation of th e reasonableness of key assumptions utilized in the MSR valuation process and the resulting MSR prices. Derivatives Exchange-traded derivatives valued using quoted prices and certain over-the-counter derivatives valued using active bids are classified within Level 1 of the valuation hierarchy. Most of the Bancorp’s derivative contracts are valued using DCF or other models that incorporate current market interest rates, credit spreads assigned to the derivative counterparties and other market parameters and, therefore, are classified within Level 2 of the valuation hierarchy. Such derivatives include basic and structured interest rate, foreign exchange and commodity swaps and options. Derivatives that are valued based upon models with significa nt unobservable market parameters are classified within Level 3 of the valuation hierarchy. At March 31, 2017 and December 31, 2016 , derivatives classified as Level 3, which are valued using models containing unobservable inputs, consisted primarily of a total return swap associated with the Bancorp’s sa le of Visa, Inc. Class B Shares. Level 3 derivatives also include IRLCs, which utilize internally generated loan closing rate assumptions as a significant unobservable input in the valuation process. Duri ng the fourth quarter of 2016 , the Bancorp exercised its right to purchase approximately 7.8 million Class C Units underlying the warrant at the $ 15.98 strike price. This exercise was settled on a net basis for approximately 5.7 million Class C Units, which were then exchanged for approximately 5.7 million shares of Vantiv, Inc. Class A Common Stock of which 4.8 million shares were sold in a secondary offering and 0.9 million shares were repurchased by Vantiv, Inc. Prior to the aforementioned warrant t ransaction, the fair value of the warrant was calculated in conjunction with a third party valuation provider by applying Black-Scholes option-pricing models using probability weighted scenarios which contained the following inputs: Vantiv, Inc. stock pric e, strike price per the Warrant Agreement and unobservable inputs, such as expected term and expected volatility. For the warrant, an increase in the expected term (years) and the expected volatility assumptions would result in an increase in the fair va lue; conversely, a decrease in these assumptions would result in a decrease in the fair value. The Accounting and Treasury departments, both of which report to the Bancorp’s Chief Financial Officer, determined the valuation methodology for the warrant. Acc ounting and Treasury reviewed changes in fair value on a quarterly basis for reasonableness based on changes in historical and implied volatilities, expected terms, probability weightings of the related scenarios and other assumptions. Under the terms of the total return swap, the Bancorp will make or receive payments based on subsequent changes in the conversion rate of the Visa, Inc. Class B Shares into Class A Shares. Additionally, the Bancorp will make a quarterly payment based on Visa’s stock price an d the conversion rate of the Visa, Inc. Class B Shares into Class A Shares until the date on which the Covered Litigation is settled. The fair value of the total return swap was calculated using a DCF model based on unobservable inputs consisting of manage ment’s estimate of the probability of certain litigation scenarios, the timing of the resolution of the Covered Litigation and Visa litigation loss estimates in excess, or shortfall, of the Bancorp’s proportional share of escrow funds. An increase in th e loss estimate or a delay in the resolution of the Covered Litigation would result in an increase in fair value; conversely, a decrease in the loss estimate or an acceleration of the resolution of the Covered Litigation would result in a decrease in fair value. The Accounting and Treasury departments determined the valuation methodology for the total return swap. Accounting and Treasury review the changes in fair value on a quarterly basis for reasonableness based on Visa stock price changes, litigation co ntingencies, and escrow funding. The net fair value asset of the IRLCs at March 31, 2017 was $ 16 million. Immediate decreases in current interest rates of 25 bps and 50 bps would result in increases in the fair value of the IRLCs of approximately $ 6 million and $ 1 1 million, respectively. Immediate increases of current interest rates of 25 bps and 50 bps would result in decreases in the fair value of the IRLCs of approximately $ 7 million and $ 1 4 million, respectively . The decrease in fair value of IRL Cs due to immediate 10% and 20% adverse changes in the assumed loan closing rates would be approximately $ 2 million and $ 3 million, respectively, and the increase in fair value due to immediate 10% and 20% favorable changes in the assumed loan closing rate s would be approximately $ 2 million and $ 3 million, respectively. These sensitivities are hypothetical and should be used with caution, as changes in fair value based on a variation in assumptions typically cannot be extrapolated because the relationship o f the change in assumptions to the change in fair value may not be linear. The Consumer Line of Business Finance department, which reports to the Bancorp’s Chief Financial Officer, and the aforementioned Secondary Marketing department are responsible fo r determining the valuation methodology for IRLCs. Secondary Marketing, in conjunction with a third party valuation provider, periodically review loan closing rate assumptions and recent loan sales to determine if adjustments are needed for current market conditions not reflected in historical data. The following tables are a reconciliation of assets and liabilities measured at fair value on a recurring basis using significant unobservable inputs (Level 3): Fair Value Measurements Using Significant Unobservable Inputs (Level 3) Residential Interest Rate Equity Mortgage Derivatives, Derivatives, Total For the three months ended March 31, 2017 ($ in millions) Loans MSRs (d) Net (a) Net (a) Fair Value Balance, beginning of period $ 143 744 8 (91) 804 Total gains (losses) (realized/unrealized): Included in earnings - (23) 23 (13) (13) Purchases/originations - 55 (1) - 54 Settlements (5) - (19) 7 (17) Transfers into Level 3 (b) 3 - - - 3 Balance, end of period $ 141 776 11 (97) 831 The amount of total gains (losses) for the period included in earnings attributable to the change in unrealized gains or losses relating to assets still held at March 31, 2017 (c) $ - (23) 16 (13) (20) Net interest rate derivatives include derivative assets and liabilities of $ 16 and $ 5 , respectively , as of March 31, 2017 . Net equity derivatives include derivative assets and liabilities of $ 0 and $ 97 , respectively, as of March 31, 2017 . Includes certain residential mortgage loans originated as held for sale that were transferred to held for invest ment. Includes interest income and expense. Eff ective January 1, 2017, the Bancorp has elected the fair value measurement method for all existing classes of its residential mortgage servicing rights. The servicing r ights were measured at fair value at March 31, 2017 and were measured under the amortiza tion method at December 31, 2016. Fair Value Measurements Using Significant Unobservable Inputs (Level 3) Residential Interest Rate Equity Mortgage Derivatives, Derivatives, Total For the three months ended March 31, 2016 ($ in millions) Loans Net (a) Net (a) Fair Value Balance, beginning of period $ 167 12 201 380 Total gains (realized/unrealized): Included in earnings 1 42 48 91 Purchases - (1) - (1) Settlements (11) (28) 4 (35) Transfers into Level 3 (b) 3 - - 3 Balance, end of period $ 160 25 253 438 The amount of total gains for the period included in earnings attributable to the change in unrealized gains or losses relating to assets still held at March 31, 2016 (c) $ 1 29 48 78 Net interest rate derivatives include derivative assets and liabilities of $ 29 and $ 4 , respectively, as of March 31, 2016 . Net equity derivatives include derivative assets and liabilities of $ 308 and $ 55 , respectively, as of March 31, 2016 . Includes certain residential mortgage loans originated as held for sale that were transferred to held for invest ment. Includes interest income and expense. The total gains and losses included in earnings for assets and liabilities measured at fair value on a recurring basis using significant unobservable inputs (Level 3) were recorded in the Condensed Consolidated Statements of Income as follows: For the three months ended March 31, ($ in millions) 2017 2016 Mortgage banking net revenue $ - 43 Other noninterest income (13) 48 Total (losses) gains $ (13) 91 The total gains and losses included in earnings attributable to changes in unrealized gains and losses related to Level 3 assets and liabilities still held at March 31, 2017 and 2016 were recorded in the Condensed Consolidated Statements of Income as follows: For the three months ended March 31, ($ in millions) 2017 2016 Mortgage banking net revenue $ (7) 30 Other noninterest income (13) 48 Total (losses) gains $ (20) 78 The following tables present information as of March 31, 2017 and 2016 about significant unobservable inputs related to the Bancorp’s material categories of Level 3 financial assets and liabilities measured at fair value on a recurring basis: As of March 31, 2017 ($ in millions) Financial Instrument Fair Value Valuation Technique Significant Unobservable Inputs Ranges of Inputs Weighted-Average Residential mortgage loans $ 141 Loss rate model Interest rate risk factor (10.6) - 15.4% 2.3% Credit risk factor 0 - 46.2% 1.2% MSRs 776 Discounted cash flow Prepayment speed 0.7-100% (Fixed) 11.2% (Adjustable) 25.2% OAS spread (bps) 430-1,515 (Fixed) 528 (Adjustable) 757 IRLCs, net 16 Discounted cash flow Loan closing rates 12.3 - 97.9% 72.2% Swap associated with the sale of Visa, Inc. (97) Discounted cash flow Timing of the resolution 12/31/2018 - NM Class B shares of the Covered Litigation 12/31/2022 As of March 31, 2016 ($ in millions) Financial Instrument Fair Value Valuation Technique Significant Unobservable Inputs Ranges of Inputs Weighted-Average Residential mortgage loans $ 160 Loss rate model Interest rate risk factor (6.0) - 16.5% 4.4% Credit risk factor 0 - 80.5% 1.4% IRLCs, net 29 Discounted cash flow Loan closing rates 5.6 - 94.0% 75.0% Stock warrant associated with Vantiv 308 Black-Scholes option- Expected term (years) 2.0 - 13.3 5.8 Holding, LLC pricing model Expected volatility (a) 23.0 - 30.4% 25.9% Swap associated with the sale of Visa, Inc. (55) Discounted cash flow Timing of the resolution 12/31/2016 - NM Class B shares of the Covered Litigation 3/31/2021 (a) Based on historical and implied volatilities of Vantiv, Inc. and comparable companies assuming similar expected terms. Assets and Liabilities Measured at F air Value on a Nonrecurring Basis Certain assets and liabilities are measured at fair value on a nonrecurring basis. These assets and liabilities are not measured at fair value on an ongoing basis; however, they are subject to fair value adjustments in certain circumstances, such as when there is evidence of impairment. The following tables provide the fair value hierarchy and carrying amount of all assets that were held as of March 31, 2017 and 2016, and for which a nonrecurring fair value adjustment was recorded during the three months ended March 31, 2017 and 2016, and the related gains and losses from fair value adjustments on assets sold during the period as well as assets still held as of the end of the period. Fair Value Measurements Using Total Losses For the three months As of March 31, 2017 ($ in millions) Level 1 Level 2 Level 3 Total ended March 31, 2017 Commercial loans held for sale $ - - 1 1 (19) Commercial and industrial loans - - 318 318 (26) Commercial mortgage loans - - 25 25 (2) Commercial leases - - 2 2 (1) OREO - - 19 19 (4) Bank premises and equipment - - 15 15 (3) Operating lease equipment - - 55 55 (20) Total $ - - 435 435 (75) Fair Value Measurements Using Total (Losses) Gains For the three months As of March 31, 2016 ($ in millions) Level 1 Level 2 Level 3 Total ended March 31, 2016 Commercial loans held for sale $ - - 5 5 (2) Commercial and industrial loans - - 347 347 (47) Commercial mortgage loans - - 85 85 6 Commercial construction loans - - - - 2 MSRs (a) - - 685 685 (85) OREO - - 27 27 (3) Bank premises and equipment - - 12 12 1 Total $ - - 1,161 1,161 (128) Effective January 1, 2017, the Bancorp has elected the fair value measurement method for all existing classes of its residential mortgage servicing rights. The servicing rights were measured at fair value at March 31, 2017 and were measured under the amortization method at December 31, 2016. The following tables present information as of March 31, 2017 and 2016 about significant unobservable inputs related to the Bancorp’s material categories of Level 3 financial assets and liabilities measured on a nonrecurring basis: As of March 31, 2017 ($ in millions) Financial Instrument Fair Value Valuation Technique Significant Unobservable Inputs Ranges of Inputs Weighted-Average Commercial loans held for sale $ 1 Appraised value Appraised value NM NM Commercial and industrial loans 318 Appraised value Collateral value NM NM Commercial mortgage loans 25 Appraised value Collateral value NM NM Commercial leases 2 Appraised value Collateral value NM NM OREO 19 Appraised value Appraised value NM NM Bank premises and equipment 15 Appraised value Appraised value NM NM Operating lease equipment 55 Appraised value Appraised value NM NM As of March 31, 2016 ($ in millions) Financial Instrument Fair Value Valuation Technique Significant Unobservable Inputs Ranges of Inputs Weighted-Average Commercial loans held for sale $ 5 Appraised value Appraised Value NM NM Costs to sell NM 10.0% Commercial and industrial loans 347 Appraised value Collateral value NM NM Commercial mortgage loans 85 Appraised value Collateral value NM NM Commercial construction loans - Appraised value Collateral value NM NM MSRs 685 Discounted cash flow Prepayment speed 0-100% (Fixed) 14.1% (Adjustable) 27.8% OAS spread (bps) 364-1,515 (Fixed) 603 (Adjustable) 713 OREO 27 Appraised value Appraised value NM NM Bank premises and equipment 12 Appraised value Appraised value NM NM Commercial loans held for sale During the three months ended March 31, 2017 and 2016 , respectively, the Bancorp transferred $ 18 million and $ 5 million of com mercial loans from the portfolio to loans held for sale that upon transfer were measured at lower of cost or fair value. There were $ 17 million and an immaterial amount of fair value adjustments for the three months ended March 31, 2017 and 201 6, respectively, that were generally based on appraisals of the underlying collateral or were estimated by discounting future cash flows using the current market rates of loans to borrowers with similar credit characteristics, similar remaining maturities, prepayment speeds and loss severities and were, therefore, classified within Level 3 of the valuation hie rarchy. Additionally , there were immaterial amount s of fair value adjustments on existing commercial loans held for sale for both the three months ended March 31, 2017 and 2016 . The fair value adjustments were also based on appraisals of the underlying co llateral . During both the three months ended March 31, 201 7 and 2016, the Bancorp recognized a $ 2 million loss on the sale of commercial loans held for sale. The Accounting department determines the procedures for the valuation of commercial loans held fo r sale using appraised value which may include a comparison to recently executed transactions of similar type loans. A monthly review of the portfolio is performed for reasonableness. Quarterly, appraisals approaching a year old are updated and the Real Es tate Valuation group, which reports to the Bancorp’s Chief Risk Officer, in conjunction with the Commercial Li ne of Business review the third party appraisals for reasonableness. Additionally, the Commercial Line of Business Finance department, which repor ts to the Bancorp’s Chief Financial Officer, in conjunction with the Accounting department reviews all loan appraisal values, carry values and vintages. The Treasury department, which reports to the Bancorp’s Chief Financial Officer, is responsible for the estimate of fair value adjustments when a discounted future cash flow valuation technique is employed. Commercial loans held for investment During the three months ended March 31, 2017 and 2016 , the Bancorp recorded nonrecurring impairment adjustments to certain commercial and industrial l oans, commercial mortgage loans, commercial construction loans and commercial leases held for investment. Larger commercial loans included within aggregate borrower relationship balances exceeding $ 1 million that exhib it probable or observed credit weaknesses are subject to individual review for impairment. The Bancorp considers the current value of collateral, credit quality of any guarantees, the guarantor’s liquidity and willingness to cooperate, the loan structure a nd other factors when evaluating whether an individual loan is impaired. When the loan is collateral dependent, the fair value of the loan is generally based on the fair value of the underlying collateral supporting the loan and therefore these loans were classified within Level 3 of the valuation hierarchy. In cases where the carrying value exceeds the fair value, an impairment loss is recognized. The fair values and recognized impairment losses are reflected in the previous tables. Commercial Credit Risk, which reports to the Bancorp’s Chief Risk Officer, is responsible for preparing and r eviewing the fair value estimates for commercial loans held for investment. MSRs Effective January 1, 2017, the Bancorp elected the fair value measurement method for all existing classes of its residential mortgage servicing rights. The servicing rights were measured at fair value at March 31, 2017 and under the amortization method at December 31, 2016. Mortgage interest rates decreased during the three months ended March 31, 2016 and the Bancorp recognized temporary impairment in certain classes of the MSR portfolio and the carrying value was adjusted to the fair value. Refer to the MSRs section of the Assets and Liabilities Measured at Fair Value on a Recurring Basis discussion for additional information. OREO During the three months ended March 31, 2017 and 2016 , the Bancorp recorded nonrecurring adjustments to certain commercial and residential real estate properties classified as OREO and measured at the lower of carrying amount or fair value. These nonrecurring losses were primarily due to declines in real estate values of the properties recorded in OREO. For both the three months ended March 31, 2017 and 2016 , these losses include $ 2 million recorded as charge-offs, on n ew OREO properties transferred from loans during the respective periods and $ 2 million and $ 1 million , respectively, recorded as negative fair value adjustments on OREO in other noninterest expense in the Bancorp’s Condensed Consolidated Statements of Inco me subsequent to their transfer from loans. As discussed in the following paragraphs, the fair value amounts are generally based on appraisals of the property values, resulting in a classification within Level 3 of the valuation hierarchy. In cases where t he carrying amount exceeds the fair value, less costs to sell, an impairment loss is recognized. The previous tables reflect the fair value measurements of the properties before deducting the estimated costs to sell. The Re al Estate Valuation department i s solely responsible for managing the appraisal process and evaluating the appraisal for commercial properties transferred to OREO. All appraisals on commercial OREO properties are updated on at least an annual basis. The Real Estate Valuation department reviews the BPO data and internal market information to determine the initial charge-off on residential real estate loans transferred to OREO. Once the foreclosure process is completed, the Bancorp performs an interior inspection to update the initial fai r value of the property. These properties are reviewed at least every 30 days after the initial interior inspections are completed. The Asset Manager receives a monthly status report for each property, which includes the number of showings, recently sold p roperties, current comparable listings and overall market conditions. Bank premises and equipment The Bancorp performs assessments of the recoverability of long-lived assets when events or changes in circumstances indicate that their carrying values may not be recoverable. These properties were written down to their lower of cost or market values. At least annually thereafter, the Bancorp will review these properties for market fluctuations. The fair value amounts were generally based on appraisals of the property values, resulting in a classification within Level 3 of the valuation hierarchy. Corporate Facilities, which reports to the Bancorp’s Chief Administrative Officer, in conjunction with Accounting, are responsible for preparing and reviewing the fair value estimates for bank premises and equipment. For further information on bank premises and equipment and discussion on changes to the branch network, refer to Note 7. Operating lease equipment Durin g the three months ended March 31, 201 7 , the Bancorp recorded nonrecurring impairment adjustments to certain operating lease equipment. When evaluating whether an individual asset is impaired, the Bancorp considers the current fair value of the asset, the changes in overall market demand for the asset and the rate of change in adv

Business Segments

Business Segments	3 Months Ended
	Mar. 31, 2017
Segment Reporting
Business Segments	20. Business Segments The Bancorp reports on four business segments: Commercial Banking, Branch Banking, Consumer Lending and Wealth and Asset Management. Results of the Bancorp’s business segments are presented based on its management structure and management accounting practices. The structure and accounting practices are specific to the Bancorp; therefore, the financial results of the Bancorp’s business segments are not necessarily comparable with similar information f or other financial institutions. The Bancorp refines its methodologies from time to time as management’s accounting practices and businesses change . The Bancorp manages interest rate risk centrally at the corporate level. By employing an FTP methodology, the business segments are insulated from most benchmark interest rate volatility, enabling them to focus on serving customers through the origination of loans and acceptance of deposits. The FTP methodology assigns charge rates and credit rates to classes of assets and liabilities, respectively, based on the estimated amount and timing of cash flows for each transaction. Assigning the FTP rate based on matching the duration of cash flows allocates interest income and interest expense to each business segmen t so its resulting net interest income is insulated from future changes in benchmark interest rates. The Bancorp’s FTP methodology also allocates the contribution to net interest income of the asset-generating and deposit-providing businesses on a duration -adjusted basis to better attribute the driver of the performance. As the asset and liability durations are not perfectly matched, the residual impact of the FTP methodology is captured in General Corporate and Other. The charge and credit rates are determ ined using the FTP rate curve, which is based on an estimate of Fifth Third’s marginal borrowing cost in the wholesale funding markets. The FTP curve is constructed using the U.S. swap curve, brokered CD pricing and unsecured debt pricing. The Bancorp adj usts the FTP charge and credit rates as dictated by changes in interest rates for various interest-earning assets and interest-bearing liabilities and by the review of behavioral assumptions, such as prepayment rates on interest-earning assets and the esti mated durations for indeterminate-lived deposits. Key assumptions, including the credit rates provided for deposit accounts, are reviewed annually. Credit rates for deposit products and charge rates for loan products may be reset more frequently in respons e to changes in market conditions. The credit rates for several deposit products were reset January 1, 2017 to reflect the current market rates and updated market assumptions. These rates were generally higher than those in place during 2016 , thus ne t interest income for deposit-providing business segments was positively impacted during 2017 . FTP charge rates on assets were affected by the prevailing level of interest rates and by the duration and repricing characteristics of the portfolio. As over all market rates increased, the FTP charge increased for asset-generating business segments during 2017 . T he Bancorp ’s methodology for allocating provision for loan and lease losses expense to the business se gments include s charges or benefits associated with changes in criticized commercial loan levels in addition to actual net charge-offs experienced by the loans and leases owned by e ach business segment. Provision for loan and lease losses expense attributable to loan and lease growth and changes in ALLL factors are captured in General Corporate and Other. The financial results of the business segments include allocations for shared services and headquarters expenses. Additionally, the business segments form synergies by t aking advantage of cross-sell opportunities and when funding operations by accessing the capital markets as a collective unit. The following is a d escription of each of the Bancorp’s business segments and the products and services they provide to their re spective client bases . Commercial Banking o ffers credit intermediation, cash management and financial services to large and middle-market businesses and government and professional customers. In addition to the traditional lending and depository offerings , Commercial Banking products and services include global cash management, foreign exchange and international trade finance, derivatives and capital markets services, asset-based lending, real estate finance, public finance, commercial leasing and syndicat ed finance. Branch Banking p rovides a full range of deposit and loan and lease products to individuals and small businesses through 1,155 full-service b anking c enters. Branch Banking offers depository and loan products, such as checking an d savings accounts, home equity loans and lines of credit, credit cards and loans for automobiles and other personal financing needs, as well as products designed to meet the specific needs of small businesses, including cash management services. Consumer Lending includes the Bancorp’s residential mortgage, home equity, automobile and other indirect lending activities. Direct lending activities include the origination, retention and servicing of residential mortgage and home equity loans or lines o f credit, sales and securitizations of those loans, po ols of loans or lines of credit and all associated hedging activities. Indirect lending activities include extending loans to consumers through correspondent lenders and automobile dealers. Wealth and Asset Management provides a full range of investment alternatives for individuals, companies and not-for-profit organizations. Wealth and Asset Management is made up of f our main businesses: FTS, an indirect wholly-owned subsidiary of the Bancorp; ClearArc Capital, Inc. , an indirect wholly-owned subsidiary of the Bancorp ; Fifth Third Private Bank; and Fifth Third Institutional Services. FTS offers full service retail brokerage services to individual clients and broker dealer services to the institu tional marketplace. ClearArc Capital, Inc. provides asset management services. Fifth Thi rd Private Bank offers holistic strategies to affluent clients in wealth planning, investing, insurance and wealth protection. Fifth Third Institutional Services provides advisory services for institutional clients inclu ding states and municipalities. The following tables present the results of operations and assets by business segment for the three months ended: Wealth General Commercial Branch Consumer and Asset Corporate March 31, 2017 ($ in millions) Banking Banking Lending Management and Other Eliminations Total Net interest income $ 425 430 61 38 (21) - 933 Provision for loan and lease losses 6 42 15 4 7 - 74 Net interest income after provision for loan and lease losses 419 388 46 34 (28) - 859 Total noninterest income 202 (c) 184 (b) 55 106 10 (34) (a) 523 Total noninterest expense 370 402 120 113 15 (34) 986 Income (loss) before income taxes 251 170 (19) 27 (33) - 396 Applicable income tax expense (benefit) 40 60 (7) 10 (12) - 91 Net income (loss) 211 110 (12) 17 (21) - 305 Less: Net income attributable to noncontrolling interests - - - - - - - Net income (loss) attributable to Bancorp 211 110 (12) 17 (21) - 305 Dividends on preferred stock - - - - 15 - 15 Net income (loss) available to common shareholders $ 211 110 (12) 17 (36) - 290 Total goodwill $ 613 1,655 - 151 - - 2,419 Total assets $ 57,672 57,876 21,994 9,641 (6,983) (d) - 140,200 Revenue sharing agreements between wealth and asset management and branch banking are eliminated in the Condensed Consolidated Statements of Income. Includes impairment charges of $3 for branches and land. For more information refer to Note 7 and Note 19. Includes impairment charges of $ 31 for operating lease equipment. For more information refer to Note 8 and Note 19. Includes bank premises and equipment of $ 51 classified as h eld for sale. For more information, refer to Note 7 . Wealth General Commercial Branch Consumer and Asset Corporate March 31, 2016 ($ in millions) Banking Banking Lending Management and Other (d) Eliminations Total (d) Net interest income $ 451 426 60 43 (77) - 903 Provision for loan and lease losses 65 34 12 - 8 - 119 Net interest income after provision for loan and lease losses 386 392 48 43 (85) - 784 Total noninterest income 223 189 (b) 83 100 75 (33) (a) 637 Total noninterest expense 363 411 118 107 20 (33) 986 Income (loss) before income taxes 246 170 13 36 (30) - 435 Applicable income tax expense 35 60 5 13 (4) - 109 Net income (loss) 211 110 8 23 (26) - 326 Less: Net income attributable to noncontrolling interests - - - - - - - Net income (loss) attributable to Bancorp 211 110 8 23 (26) - 326 Dividends on preferred stock - - - - 15 - 15 Net income (loss) available to common shareholders $ 211 110 8 23 (41) - 311 Total goodwill $ 613 1,655 - 148 - - 2,416 Total assets $ 59,652 54,528 22,475 8,900 (3,125) (c) - 142,430 Revenue sharing agreements between wealth and asset management and branch b anking are eliminated in the Condensed Consolidated Statements of Income. Includes impairment charges of $ 2 for branches and land. For more information, refer to Note 7 and Note 19. Includes bank premises and equipment of $ 68 classified as held for sale. For more information, refer to Note 7 . A net tax deficiency of $ 1 million was reclassified from capital surplus to applicable income tax expense at March 31, 2016, related to the early adoption of ASU 2016-09 during the fourth quarter of 2016, with an effective date of January 1, 2016.

Subsequent Event

Subsequent Event	3 Months Ended
	Mar. 31, 2017
Subsequent Event [Abstract]
Subsequent Event	21. Subsequent Event On April 26, 2017, the Bancorp entered into an accelerated share repurchase transaction with a counterparty pursuant to which the Bancorp will pay approximately $342 million on May 1, 2017 to repurchase shares of its outstanding common stock. The Bancorp is repurchasing the shares of its common stock as part of its Board approved 100 million share repurchase program previously announced on March 15, 2016. The Bancorp expects the settlement of the transaction to occur on or before July 26, 2017 .

Supplemental Cash Flow Inform33

Supplemental Cash Flow Information (Tables)	3 Months Ended
	Mar. 31, 2017
Supplemental Cash Flow
Noncash Investing and Financing Activities	Cash payments related to interest and income taxes in addition to non-cash investing and financing activities are presented in the following table for the three months ended March 31: ($ in millions) 2017 2016 Cash Payments: Interest $ 208 191 Income taxes 18 334 Transfers: Portfolio loans to loans held for sale 5 3 Loans held for sale to portfolio loans 3 12 Portfolio loans to OREO 12 12

Investment Securities (Tables)

Investment Securities (Tables)	3 Months Ended
	Mar. 31, 2017
Securities
Available-for-Sale and Other and Held-to-Maturity Securities	The following tables provide the amortized cost, unrealized gains and losses and fair value for the major categories of the available-for-sale and other and held-to-maturity investment securities portfolios as of: Amortized Unrealized Unrealized Fair March 31, 2017 ($ in millions) Cost Gains Losses Value Available-for-sale and other securities: U.S. Treasury and federal agencies securities $ 435 2 - 437 Obligations of states and political subdivisions securities 44 1 - 45 Mortgage-backed securities: Agency residential mortgage-backed securities (a) 16,140 195 (90) 16,245 Agency commercial mortgage-backed securities 8,647 88 (63) 8,672 Non-agency commercial mortgage-backed securities 3,269 46 (16) 3,299 Asset-backed securities and other debt securities 2,115 36 (17) 2,134 Equity securities (b) 698 3 (2) 699 Total available-for-sale and other securities $ 31,348 371 (188) 31,531 Held-to-maturity securities: Obligations of states and political subdivisions securities $ 24 - - 24 Asset-backed securities and other debt securities 2 - - 2 Total held-to-maturity securities $ 26 - - 26 Includes interest-only mortgage- backed securities of $ 42 as of March 31, 2017 , recorded at fair value with fair value changes re corded in securities gains, net , in the Condensed Consolidated Statement s of Income. Equity securities consist of FHLB, FRB and DTCC restricted stock holdings of $ 248 , $ 359 and $ 1 , respectively , at March 31, 2017 , that are carried at cost, and certain mutual fund and equity security holdings. Amortized Unrealized Unrealized Fair December 31, 2016 ($ in millions) Cost Gains Losses Value Available-for-sale and other securities: U.S. Treasury and federal agencies securities $ 547 2 - 549 Obligations of states and political subdivisions securities 44 1 - 45 Mortgage-backed securities: Agency residential mortgage-backed securities (a) 15,525 178 (95) 15,608 Agency commercial mortgage-backed securities 9,029 87 (61) 9,055 Non-agency commercial mortgage-backed securities 3,076 51 (15) 3,112 Asset-backed securities and other debt securities 2,106 28 (18) 2,116 Equity securities (b) 697 3 (2) 698 Total available-for-sale and other securities $ 31,024 350 (191) 31,183 Held-to-maturity securities: Obligations of states and political subdivisions securities $ 24 - - 24 Asset-backed securities and other debt securities 2 - - 2 Total held-to-maturity securities $ 26 - - 26 Includes interest-only mortgage-backed securities of $ 60 as of December 31, 2016 , recorded at fair value with fair value changes recorded in securities gains, net, in the Condensed Consolidated Statements of Income. Equity securities consist of FHLB, FRB and DTCC restricted stock holdings of $ 248 , $ 358 , and $ 1 , respectively, at December 31, 2016 , that are carried at cost, and certain mutual fund and equity security holdings .
Realized Gains and Losses Recognized in Income from Securities	The following table presents realized gains and losses that were recognized in income from available-for-sale securities: For the three months ended March 31, ($ in millions) 2017 2016 Realized gains $ 9 15 Realized losses (1) (4) OTTI (10) (3) Net realized (losses) gains (a) $ (2) 8 (a) Excludes net gains of $ 1 and net losses of $ 6 on interest-only mortgage-backed securities for the three months ended March 31, 201 7 and 20 1 6, respectively. Trading securities were $689 million as of March 31, 2017, compared to $410 million at December 31, 2016. The following table presents total gains and losses that were recognized in income from trading securities: For the three months ended March 31, ($ in millions) 2017 2016 Realized gains (a) $ 3 2 Realized losses (b) (2) (4) Net unrealized gains (c) 1 1 Total trading securities gains (losses) $ 2 (1) Includes realized gains of $ 3 and $ 2 for the three months ended March 31, 2017 and 2016 , respectively, reco rded in corporate banking revenu e and wealth and asset management revenue in the Condensed Consolidated Statements of Income. Includes realized losses of $ 2 and $ 4 for the three months ended March 31, 2017 and 2016 , respectively, recorded in corporate banking revenue and wealth and asset management revenue in the Condensed Consolidated Statements of Income. Includes an immaterial amount of net unrealized gains for both the three months ended March 31, 2017 and 2016 recorded in corporate banking revenue and wealth and asset management revenue in the Condensed Consolidated Statements of Income.
Other Than Temporary Impairment Credit Losses Recognized In Earnings	The following table provides a summary of OTTI by security type: For the three months ended March 31, ($ in millions) 2017 2016 Available-for-sale and other debt securities $ (10) (2) Available-for-sale equity securities - (1) Total OTTI (a) $ (10) (3) (a) Included in securities gains, net, in the Condensed Consolidated Statements of Income .
Amortized Cost and Fair Value of Available-for-Sale and Other and Held-to-Maturity Securities	The expected maturity distribution of the Bancorp’s mortgage-backed securities and the contractual maturity distribution of the remainder of the Bancorp’s available-for-sale and other and held-to-maturity investment securities as of March 31, 2017 are shown in the following table: Available-for-Sale and Other Held-to-Maturity ($ in millions) Amortized Cost Fair Value Amortized Cost Fair Value Debt securities: (a) Less than 1 year $ 187 189 2 2 1-5 years 6,316 6,362 12 12 5-10 years 21,358 21,481 10 10 Over 10 years 2,789 2,800 2 2 Equity securities 698 699 - - Total $ 31,348 31,531 26 26 (a) Actual maturities may differ from contractual maturities when a right to call or prepay obligations exists with or without call or prepayment penalties .
Fair Value and Gross Unrealized Loss of Securities Available for Sale	The following table provides the fair value and gross unrealized losses on available-for-sale and other securities in an unrealized loss position, aggregated by investment category and length of time the individual securities have been in a continuous unrealized loss position as of: Less than 12 months 12 months or more Total Unrealized Unrealized Unrealized ($ in millions) Fair Value Losses Fair Value Losses Fair Value Losses March 31, 2017 U.S. Treasury and federal agencies $ 101 - - - 101 - Agency residential mortgage-backed securities 5,144 (82) 161 (8) 5,305 (90) Agency commercial mortgage-backed securities 2,931 (63) - - 2,931 (63) Non-agency commercial mortgage-backed securities 1,283 (16) - - 1,283 (16) Asset-backed securities and other debt securities 322 (6) 364 (11) 686 (17) Equity securities - - 37 (2) 37 (2) Total $ 9,781 (167) 562 (21) 10,343 (188) December 31, 2016 U.S. Treasury and federal agencies $ 199 - - - 199 - Agency residential mortgage-backed securities 6,223 (88) 172 (7) 6,395 (95) Agency commercial mortgage-backed securities 3,183 (61) - - 3,183 (61) Non-agency commercial mortgage-backed securities 1,052 (15) - - 1,052 (15) Asset-backed securities and other debt securities 422 (8) 336 (10) 758 (18) Equity securities - - 37 (2) 37 (2) Total $ 11,079 (172) 545 (19) 11,624 (191)

Loans and Leases (Tables)

Loans and Leases (Tables)	3 Months Ended
	Mar. 31, 2017
Loans and Leases Receivable
Loans and Leases Classified by Primary Purpose	The following table provides a summary of commercial loans and leases classified by primary purpose and consumer loans and leases classified based upon product or collateral as of: March 31, December 31, ($ in millions) 2017 2016 Loans and leases held for sale: Commercial and industrial loans $ 2 60 Commercial mortgage loans 7 5 Commercial leases 1 - Residential mortgage loans 606 686 Total loans and leases held for sale $ 616 751 Portfolio loans and leases: Commercial and industrial loans $ 41,074 41,676 Commercial mortgage loans 6,924 6,899 Commercial construction loans 4,283 3,903 Commercial leases 4,092 3,974 Total commercial loans and leases $ 56,373 56,452 Residential mortgage loans $ 15,336 15,051 Home equity 7,469 7,695 Automobile loans 9,572 9,983 Credit card 2,070 2,237 Other consumer loans and leases 808 680 Total consumer loans and leases $ 35,255 35,646 Total portfolio loans and leases $ 91,628 92,098
Total Loans And Leases Owned By The Bancorp	The following table presents a summary of the total loans and leases owned by the Bancorp as of: 90 Days Past Due Carrying Value and Still Accruing March 31, December 31, March 31, December 31, ($ in millions) 2017 2016 2017 2016 Commercial and industrial loans $ 41,076 41,736 3 4 Commercial mortgage loans 6,931 6,904 - - Commercial construction loans 4,283 3,903 - - Commercial leases 4,093 3,974 - - Residential mortgage loans 15,942 15,737 45 49 Home equity 7,469 7,695 - - Automobile loans 9,572 9,983 6 9 Credit card 2,070 2,237 21 22 Other consumer loans and leases 808 680 - - Total loans and leases $ 92,244 92,849 75 84 Less: Loans and leases held for sale $ 616 751 Total portfolio loans and leases $ 91,628 92,098 The following table presents a summary of net charge-offs for the three months ended March 31: ($ in millions) 2017 2016 Commercial and industrial loans $ 36 46 Commercial mortgage loans 5 6 Commercial leases 1 2 Residential mortgage loans 5 2 Home equity 6 8 Automobile loans 11 9 Credit card 22 20 Other consumer loans and leases 3 3 Total net charge-offs $ 89 96

Credit Quality and the Allowa36

Credit Quality and the Allowance for Loan and Lease Losses (Tables)	3 Months Ended
	Mar. 31, 2017
Credit Quality and the Allowance for Loan and Leases Losses
Summary of Transactions in the ALLL	Allowance for Loan and Lease Losses The following tables summarize transactions in the ALLL by portfolio segment: Residential For the three months ended March 31, 2017 ($ in millions) Commercial Mortgage Consumer Unallocated Total Balance, beginning of period $ 831 96 214 112 1,253 Losses charged-off (46) (6) (55) - (107) Recoveries of losses previously charged-off 4 1 13 - 18 Provision for loan and lease losses 37 5 32 - 74 Balance, end of period $ 826 96 204 112 1,238 Residential For the three months ended March 31, 2016 ($ in millions) Commercial Mortgage Consumer Unallocated Total Balance, beginning of period $ 840 100 217 115 1,272 Losses charged-off (60) (4) (52) - (116) Recoveries of losses previously charged-off 6 2 12 - 20 Provision for loan and lease losses 81 - 37 1 119 Balance, end of period $ 867 98 214 116 1,295
Summary of the ALLL and Related Loans and Leases Classified by Portfolio Segment	The following tables provide a summary of the ALLL and related loans and leases classified by portfolio segment: Residential As of March 31, 2017 ($ in millions) Commercial Mortgage Consumer Unallocated Total ALLL: (a) Individually evaluated for impairment $ 113 (c) 68 42 - 223 Collectively evaluated for impairment 713 28 162 - 903 Unallocated - - - 112 112 Total ALLL $ 826 96 204 112 1,238 Portfolio loans and leases: (b) Individually evaluated for impairment $ 786 (c) 656 354 - 1,796 Collectively evaluated for impairment 55,587 14,537 19,565 - 89,689 Loans acquired with deteriorated credit quality - 2 - - 2 Total portfolio loans and leases $ 56,373 15,195 19,919 - 91,487 Includes $ 2 related to leveraged leases at March 31, 2017 . Excludes $ 141 of residential mortgage loans measured at fair value, and includes $ 7 03 of leveraged leases, net of unearned income at March 31, 2017 . Includes five restructured loans at March 31, 2017 associated with a consolidated VIE in which the Bancorp has no continuing credit risk due to the risk being assumed by a third party, with a recorded investment of $ 26 and an ALLL of $ 18 . Residential As of December 31, 2016 ($ in millions) Commercial Mortgage Consumer Unallocated Total ALLL: (a) Individually evaluated for impairment $ 118 (c) 68 44 - 230 Collectively evaluated for impairment 713 28 170 - 911 Unallocated - - - 112 112 Total ALLL $ 831 96 214 112 1,253 Portfolio loans and leases: (b) Individually evaluated for impairment $ 904 (c) 652 371 - 1,927 Collectively evaluated for impairment 55,548 14,253 20,224 - 90,025 Loans acquired with deteriorated credit quality - 3 - - 3 Total portfolio loans and leases $ 56,452 14,908 20,595 - 91,955 Includes $ 2 related to leveraged leases at December 31, 2016 . Excludes $ 143 of residential mortgage loans measured at fair value, and includes $ 701 of leveraged leases, net of unearned income at December 31, 2016 . Includes five restructured loans at December 31, 2016 associated with a consolidated VIE in which the Bancorp has no continuing credit risk due to the risk being assumed by a third party, with a recorded investment of $ 26 and an ALLL of $ 18 .
Loan and leases balances by credit quality indicator	The following tables summarize the credit risk profile of the Bancorp’s commercial portfolio segment, by class: Special As of March 31, 2017 ($ in millions) Pass Mention Substandard Doubtful Total Commercial and industrial loans $ 38,187 1,255 1,630 2 41,074 Commercial mortgage owner-occupied loans 3,226 74 110 - 3,410 Commercial mortgage nonowner-occupied loans 3,429 25 60 - 3,514 Commercial construction loans 4,238 45 - - 4,283 Commercial leases 4,007 56 29 - 4,092 Total commercial loans and leases $ 53,087 1,455 1,829 2 56,373 Special As of December 31, 2016 ($ in millions) Pass Mention Substandard Doubtful Total Commercial and industrial loans $ 38,844 1,204 1,604 24 41,676 Commercial mortgage owner-occupied loans 3,168 72 117 3 3,360 Commercial mortgage nonowner-occupied loans 3,466 4 69 - 3,539 Commercial construction loans 3,902 1 - - 3,903 Commercial leases 3,894 54 26 - 3,974 Total commercial loans and leases $ 53,274 1,335 1,816 27 56,452 The following table presents a summary of the Bancorp’s residential mortgage and consumer portfolio segments, by class, disaggregated into performing versus nonperforming status as of: March 31, 2017 December 31, 2016 ($ in millions) Performing Nonperforming Performing Nonperforming Residential mortgage loans (a) $ 15,160 35 14,874 34 Home equity 7,399 70 7,622 73 Automobile loans 9,570 2 9,981 2 Credit card 2,043 27 2,209 28 Other consumer loans and leases 808 - 680 - Total residential mortgage and consumer loans and leases (a) $ 34,980 134 35,366 137 (a) Excludes $ 141 and $ 143 of loans measured at fair value at March 31, 2017 and December 31, 2016 , respectively.
Summary by Age and Class of the Recorded Investment in Delinquencies Included in the Bancorp's Portfolio of Loans and Leases	Age Analysis of Past Due Loans and Leases The following tables summarize the Bancorp’s recorded investment in portfolio loans and leases, by age and class: Current Past Due 90 Days Past Loans and 30-89 90 Days Total Total Loans Due and Still As of March 31, 2017 ($ in millions) Leases (c) Days (c) or More (c) Past Due and Leases Accruing Commercial loans and leases: Commercial and industrial loans $ 40,930 46 98 144 41,074 3 Commercial mortgage owner-occupied loans 3,388 3 19 22 3,410 - Commercial mortgage nonowner-occupied loans 3,506 1 7 8 3,514 - Commercial construction loans 4,283 - - - 4,283 - Commercial leases 4,090 - 2 2 4,092 - Residential mortgage loans (a)(b) 15,087 27 81 108 15,195 45 Consumer loans and leases: Home equity 7,351 64 54 118 7,469 - Automobile loans 9,503 60 9 69 9,572 6 Credit card 2,018 27 25 52 2,070 21 Other consumer loans and leases 807 1 - 1 808 - Total portfolio loans and leases (a) $ 90,963 229 295 524 91,487 75 Excludes $ 141 of residential mortgage loans measured at fair value at March 31, 2017 . Information includes advances made pursuant to servicing agreements for GNMA mortgage pools whose repayments are insured by the FHA or guaranteed by the VA. As of March 31, 2017 , $ 77 of these loans were 30-89 days past due and $ 302 were 90 days or more past due. The Bancorp recognized $ 2 of losses during the three months ended March 31, 2017 due to claim denials and curtailments associated with these insured or guaranteed loans. Includes accrual and nonaccrual loans and leases. Current Past Due 90 Days Past Loans and 30-89 90 Days Total Total Loans Due and Still As of December 31, 2016 ($ in millions) Leases (c) Days (c) or More (c) Past Due and Leases Accruing Commercial loans and leases: Commercial and industrial loans $ 41,495 87 94 181 41,676 4 Commercial mortgage owner-occupied loans 3,332 6 22 28 3,360 - Commercial mortgage nonowner-occupied loans 3,530 2 7 9 3,539 - Commercial construction loans 3,902 1 - 1 3,903 - Commercial leases 3,972 - 2 2 3,974 - Residential mortgage loans (a)(b) 14,790 37 81 118 14,908 49 Consumer loans and leases: Home equity 7,570 68 57 125 7,695 - Automobile loans 9,886 85 12 97 9,983 9 Credit card 2,183 28 26 54 2,237 22 Other consumer loans and leases 679 1 - 1 680 - Total portfolio loans and leases (a) $ 91,339 315 301 616 91,955 84 Excludes $ 143 of residential mortgage loans measured at fair value at December 31, 2016 . Information includes advances made pursuant to servicing agreements for GNMA mortgage pools whose repayments are insured by the FHA or guaranteed by the VA . As of December 31 , 2016 , $ 110 of these loa ns were 30-89 days past due and $ 312 were 90 days or more past due. The Bancorp recognized $ 2 o f losses during the three months ended March 31, 2016 due to claim denials and cu rtailments associated with these insured or guaranteed loans . Includes accrual and nonaccrual loans and leases.
Summarizes the Bancorp's Recorded Investment in Impaired Loans and Related Allowance by Class	The following tables summarize the Bancorp’s impaired portfolio loans and leases, by class, that were subject to individual review, which includes all portfolio loans and leases restructured in a TDR: Unpaid Principal Recorded As of March 31, 2017 ($ in millions) Balance Investment ALLL With a related ALLL: Commercial loans and leases: Commercial and industrial loans $ 449 392 86 Commercial mortgage owner-occupied loans (b) 19 13 3 Commercial mortgage nonowner-occupied loans 16 15 6 Restructured residential mortgage loans 472 468 68 Restructured consumer loans and leases: Home equity 192 191 29 Automobile loans 11 11 1 Credit card 49 49 12 Total impaired portfolio loans and leases with a related ALLL $ 1,208 1,139 205 With no related ALLL: Commercial loans and leases: Commercial and industrial loans $ 264 242 - Commercial mortgage owner-occupied loans 28 22 - Commercial mortgage nonowner-occupied loans 74 74 - Commercial leases 2 2 - Restructured residential mortgage loans 209 188 - Restructured consumer loans and leases: Home equity 104 101 - Automobile loans 3 2 - Total impaired portfolio loans and leases with no related ALLL $ 684 631 - Total impaired portfolio loans and leases $ 1,892 1,770 a (a) 205 Includes $ 277 , $ 642 and $ 308 , respectively, of commercial, residential mortgage and consumer portfolio TDRs on accrual status and $ 251 , $ 14 an d $ 46 , respectively, of commercial, residential mortgage and consumer portfolio TDRs on nonaccrual status at March 31, 2017 . Excludes five restructured loans at March 31, 2017 associated with a consolidated VIE in which the Bancorp has no continuing credit risk due to the risk being assumed by a third party, with an unpaid principal balance of $ 26 , a recorded investment of $ 26 and an ALLL of $ 18 . Unpaid Principal Recorded As of December 31, 2016 ($ in millions) Balance Investment ALLL With a related ALLL: Commercial loans and leases: Commercial and industrial loans $ 440 414 94 Commercial mortgage owner-occupied loans (b) 24 16 5 Commercial mortgage nonowner-occupied loans 7 6 1 Commercial leases 2 2 - Restructured residential mortgage loans 471 465 68 Restructured consumer loans and leases: Home equity 202 201 30 Automobile loans 12 12 2 Credit card 52 52 12 Total impaired portfolio loans and leases with a related ALLL $ 1,210 1,168 212 With no related ALLL: Commercial loans and leases: Commercial and industrial loans $ 394 320 - Commercial mortgage owner-occupied loans 36 35 - Commercial mortgage nonowner-occupied loans 93 83 - Commercial leases 2 2 - Restructured residential mortgage loans 207 187 - Restructured consumer loans and leases: Home equity 107 104 - Automobile loans 3 2 - Total impaired portfolio loans and leases with no related ALLL $ 842 733 - Total impaired portfolio loans and leases $ 2,052 1,901 a (a) 212 Includes $ 322 , $ 635 and $ 323 , respectively, of commercial, residential mortgage and consumer portfolio TDR s on accrual status and $ 192 , $ 17 and $ 48 , respectively , of commercial, residential mortgage and consumer portfolio TDRs on nonaccrual status at December 31, 2016 . Excludes five restructured loans at December 31, 2016 associated with a consolidated VIE in which the Bancorp has no continuing credit risk due to the risk being assumed by a third party, with an unpaid principal balance of $ 26 , a recorded investment of $ 26 and an ALLL of $ 18 . The following tables summarize the Bancorp’s average impaired portfolio loans and leases, by class, and interest income, by class: For the three months ended For the three months ended March 31, 2017 March 31, 2016 Average Interest Average Interest Recorded Income Recorded Income ($ in millions) Investment Recognized Investment Recognized Commercial loans and leases: Commercial and industrial loans $ 683 1 645 2 Commercial mortgage owner-occupied loans (a) 43 - 71 - Commercial mortgage nonowner-occupied loans 89 1 165 1 Commercial construction loans - - 7 - Commercial leases 3 - 5 - Restructured residential mortgage loans 654 6 642 6 Restructured consumer loans and leases: Home equity 298 3 340 3 Automobile loans 14 - 19 - Credit card 51 1 60 1 Total average impaired portfolio loans and leases $ 1,835 12 1,954 13 (a) Excludes five restructured loans associated with a consolidated VIE in which the Bancorp has no continuing credit risk due to the risk being assumed by a third party, with an average recorded investment of $ 2 6 and $ 27 at March 31, 2017 and March 31, 2016 , respectively, and an immaterial amount of interest income recognized for the both the three months ended March 31, 2017 and March 31, 2016 .
Summary of the Bancorp's Nonperforming Loans and Leases by Class	Nonperforming Assets Nonperforming assets include nonaccrual loans and leases for which ultimate collectability of the full amount of the principal and/or interest is uncertain; restructured commercial and credit card loans which have not yet met the requirements to be classified as a performing asset; restructured consumer loans which are 90 days past due based on the restructured terms unless the loan is both well-secured and in the process of collection; and certain other assets, including OREO and other repossessed property. The following table presents the Bancorp’s nonaccrual loans and leases, by class, and OREO and other repossessed property as of: March 31, December 31, ($ in millions) 2017 2016 Commercial loans and leases: Commercial and industrial loans $ 484 478 Commercial mortgage owner-occupied loans (a) 28 32 Commercial mortgage nonowner-occupied loans 9 9 Commercial leases 2 4 Total nonaccrual portfolio commercial loans and leases 523 523 Residential mortgage loans 35 34 Consumer loans and leases: Home equity 70 73 Automobile loans 2 2 Credit card 27 28 Total nonaccrual portfolio consumer loans and leases 99 103 Total nonaccrual portfolio loans and leases (b)(c) $ 657 660 OREO and other repossessed property 64 78 a Total nonperforming portfolio assets (b)(c) $ 721 738 Excludes $ 19 of restructured nonaccrual loans at both March 31, 2017 and December 31, 2016 associated with a consolidated VIE in which the Bancorp has no continuing credit risk due to the risk being assumed by a third party. Excludes $ 9 and $ 1 3 of nonaccrual loans held for sale at March 31, 2017 and December 31, 2016 , respectively. Includes $ 4 of nonaccrual government insured commercial loans whose repayments are insured by the SBA at both March 31, 2017 and Dec ember 31, 2016 and an immaterial amount and $ 1 of restructured nonaccrual government insured commercial loans at March 31, 2017 and December 31, 2016 , respectively .
Summary of Loans Modified in a TDR	The following tables provide a summary of loans, by class, modified in a TDR by the Bancorp during the three months ended: Recorded investment Number of loans in loans modified Increase Charge-offs modified in a TDR in a TDR to ALLL upon recognized upon March 31, 2017 ($ in millions) (a) during the period (b) during the period modification modification Commercial loans: Commercial and industrial loans 33 $ 97 1 2 Commercial mortgage owner-occupied loans 5 2 - - Commercial mortgage nonowner-occupied loans 1 - - - Residential mortgage loans 203 29 2 - Consumer loans: Home equity 31 2 - - Automobile loans 30 - - - Credit card 1,756 7 1 - Total portfolio loans 2,059 $ 137 4 2 Excludes all loans and leases held for sale and loans acquired with deteriorated credit quality which were accounted for within a pool . Represents number of loans post-modification and excludes loans previously modified in a TDR . Recorded investment Increase Number of loans in loans modified (Decrease) Charge-offs modified in a TDR in a TDR to ALLL upon recognized upon March 31, 2016 ($ in millions) (a) during the period (b) during the period modification modification Commercial loans: Commercial and industrial loans 24 $ 56 (2) - Commercial mortgage owner-occupied loans 7 6 (2) - Commercial mortgage nonowner-occupied loans 2 - - - Residential mortgage loans 243 36 2 - Consumer loans: Home equity 64 5 - - Automobile loans 78 1 - - Credit card 2,592 12 2 1 Total portfolio loans 3,010 $ 116 - 1 Excludes all loans and leases held for sale and loans acquired with deteriorated credit quality which were accounted for within a pool . Represents number of loans post-modification and excludes loans previously modified in a TDR .
Summary of Subsequent Defaults	The following tables provide a summary of TDRs that subsequently defaulted during the three months ended March 31, 2017 and 2016 and were within twelve months of the restructuring date: Number of Recorded March 31, 2017 ($ in millions) (a) Contracts Investment Commercial loans: Commercial and industrial loans 2 $ 1 Residential mortgage loans 57 9 Consumer loans: Home equity 5 1 Credit card 450 2 Total portfolio loans 514 $ 13 (a) Excludes all loans and leases held for sale and loans acquired with deteriorated credit quality. Number of Recorded March 31, 2016 ($ in millions) (a) Contracts Investment Commercial loans: Commercial and industrial loans 1 $ - Commercial mortgage nonowner-occupied loans 1 - Residential mortgage loans 53 7 Consumer loans: Home equity 6 1 Credit card 423 2 Total portfolio loans 484 $ 10 (a) Excludes all loans and leases held for sale and loans acquired with deteriorated credit quality.

Bank Premises and Equipment (Ta

Bank Premises and Equipment (Tables)	3 Months Ended
	Mar. 31, 2017
Bank Premises and Equipment
Bank Premises and Equipment	The following table provides a summary of bank premises and equipment as of: ($ in millions) March 31, 2017 December 31, 2016 Land and improvements (a) $ 649 663 Buildings (a) 1,667 1,672 Equipment 1,773 1,761 Leasehold improvements 392 398 Construction in progress (a) 109 99 Bank premises and equipment held for sale: Land and improvements 33 29 Buildings 16 9 Equipment 2 1 Accumulated depreciation and amortization (2,589) (2,567) Total bank premises and equipment $ 2,052 2,065 (a ) At both March 31, 2017 and December 31, 2016 , land and improvements , buildings and construction in progress i ncluded $ 92 associated w ith parcels of undeveloped land intended for future branch expansion.

Intangible Assets (Tables)

Intangible Assets (Tables)	3 Months Ended
	Mar. 31, 2017
Intangible Assets
Intangible Assets	The details of the Bancorp’s intangible assets are shown in the following table: Gross Carrying Accumulated Net Carrying ($ in millions) Amount Amortization Amount As of March 31, 2017 Core deposit intangibles $ 34 (28) 6 Other 18 (13) 5 Total intangible assets $ 52 (41) 11 As of December 31, 2016 Core deposit intangibles $ 34 (27) 7 Other 15 (13) 2 Total intangible assets $ 49 (40) 9
Estimated Amortization Expense	Estimated amortization expense for the remainder of 2017 through 2021 is as follows: ($ in millions) Total Remainder of 2017 $ 1 2018 2 2019 2 2020 1 2021 1

Variable Interest Entities (Tab

Variable Interest Entities (Tables)	3 Months Ended
	Mar. 31, 2017
Variable Interest Entities
Consolidation of Variable Interest Entities Disclosure	The following tables provide a summary of the classifications of consolidated VIE assets, liabilities and noncontrolling interests included in the Condensed Consolidated Balance Sheets as of: Automobile Loan CDC March 31, 2017 ($ in millions) Securitizations Investments Total Assets: Cash and due from banks $ 84 1 85 Commercial mortgage loans - 46 46 Automobile loans 969 - 969 ALLL (5) (20) (25) Other assets 7 - 7 Total assets $ 1,055 27 1,082 Liabilities: Other liabilities $ 2 - 2 Long-term debt 883 - 883 Total liabilities $ 885 - 885 Noncontrolling interests $ - 27 27 Automobile Loan CDC December 31, 2016 ($ in millions) Securitizations Investments Total Assets: Cash and due from banks $ 84 1 85 Commercial mortgage loans - 46 46 Automobile loans 1,170 - 1,170 ALLL (6) (20) (26) Other assets 9 - 9 Total assets $ 1,257 27 1,284 Liabilities Other liabilities $ 3 - 3 Long-term debt 1,094 - 1,094 Total liabilities $ 1,097 - 1,097 Noncontrolling interests $ - 27 27
Assets and Liabilities Related to Non-consolidated VIEs and Maximum Exposure to Losses	Non-consolidated VIEs The following tables provide a summary of assets and liabilities carried on the Condensed Consolidated Balance Sheets related to non-consolidated VIEs for which the Bancorp holds an interest, but is not the primary beneficiary of the VIE, as well as the Bancorp’s maximum exposure to losses associated with its interests in the entities as of: Total Total Maximum March 31, 2017 ($ in millions) Assets Liabilities Exposure CDC investments $ 1,424 362 1,424 Private equity investments 121 - 178 Loans provided to VIEs 1,744 - 2,762 Total Total Maximum December 31, 2016 ($ in millions) Assets Liabilities Exposure CDC investments $ 1,421 357 1,421 Private equity investments 176 - 232 Loans provided to VIEs 1,735 - 2,672
Investments in Qualified Affordable Housing Tax Credits	The Bancorp has accounted for all of its investments in qualified affordable housing tax credits using the equity method of accounting. The following table summarizes the impact to the Condensed Consolidated Statements of Income relating to investments in qualified affordable housing investments: Condensed Consolidated For the three months ended March 31, ($ in millions) Statements of Income Caption 2017 2016 Pre-tax investment and impairment losses (a) Other noninterest expense $ 36 36 Tax credits and other benefits Applicable income tax expense (56) (55) (a) The Bancorp did not recognize impairment losses resulting from the forfeiture or ineligibility of tax credi ts or other circumstances during both the three months ended March 31, 2017 and 2016 .

Sales of Receivables and Serv40

Sales of Receivables and Servicing Rights (Tables)	3 Months Ended
	Mar. 31, 2017
Sales of Receivables and Servicing Rights
Activity Related to Mortgage Banking Net Revenue	Information related to residential mortgage loan sales and the Bancorp’s mortgage banking activity, which is included in mortgage banking net revenue in the Condensed Consolidated Statements of Income, is as follows: For the three months ended March 31, ($ in millions) 2017 2016 Residential mortgage loan sales (a) $ 1,629 a 1,114 Origination fees and gains on loan sales 29 42 Gross mortgage servicing fees 47 52 Represents the unpaid principal balance at the time of the sale.
Changes in the Servicing Assets	The following tables present changes in the servicing rights related to residential mortgage and automobile loans for the three months ended March 31: ($ in millions) 2017 Balance, beginning of period $ 744 Servicing rights originated - residential mortgage loans 26 Servicing rights acquired - residential mortgage loans 29 Changes in fair value: Due to changes in inputs or assumptions (a) 4 Other changes in fair value (b) (27) Balance, end of period $ 776 Primarily reflects changes in prepayment speed and OAS spread assumptions which are updated based on market interest rates . Primarily reflects changes due to collection of contractual cash flows and the passage of time . ($ in millions) 2016 Carrying amount before valuation allowance: Balance, beginning of period $ 1,204 Servicing rights that result from the transfer of residential mortgage loans 12 Amortization (27) Balance, end of period $ 1,189 Valuation allowance for servicing rights: Balance, beginning of period $ (419) Provision for MSR impairment (85) Balance, end of period (504) Carrying amount after valuation allowance $ 685
Fair Value of the Servicing Assets	The following table displays the beginning and ending fair value of the servicing rights for the three months ended March 31: ($ in millions) 2017 2016 Fixed-rate residential mortgage loans: Balance, beginning of period $ 722 757 Balance, end of period 756 660 Adjustable-rate residential mortgage loans: Balance, beginning of period 22 27 Balance, end of period 20 25 Fixed-rate automobile loans: Balance, beginning of period - 1 Balance, end of period - -
Activity Related to the MSR Portfolio	The following table presents activity related to valuations of the MSR portfolio and the impact of the non-qualifying hedging strategy, which is included in mortgage banking net revenue in the Condensed Consolidated Statements of Income: For the three months ended March 31, ($ in millions) 2017 2016 Changes in fair value and settlement of free-standing derivatives purchased to economically hedge the MSR portfolio $ (1) 96 MSR fair value adjustment (23) - Provision for MSR impairment - (85)
Servicing Assets and Residual Interests Economic Assumptions	As of March 31, 2017 and 2016, the key economic assumptions used in measuring the interests in residential mortgage loans that continued to be held by the Bancorp at the date of sale or securitization resulting from transactions completed during the three months ended were as follows: March 31, 2017 March 31, 2016 Rate Weighted-Average Life (in years) Prepayment Speed (annual) OAS Spread (bps) Weighted-Average Life (in years) Prepayment Speed (annual) OAS Spread (bps) Residential mortgage loans: Servicing rights Fixed 6.7 9.9 % 485 6.3 12.6 % 539 Servicing rights Adjustable 2.3 34.9 700 3.0 27.5 681
Sensitivity of the Current Fair Value of Residual Cash Flows to Immediate 10%, 20% and 50% Adverse Changes in Assumptions	At March 31, 2017, the sensitivity of the current fair value of residual cash flows to immediate 10%, 20% and 50% adverse changes in prepayment speed assumptions and immediate 10% and 20% adverse changes in other assumptions are as follows: Prepayment Residual Servicing Speed Assumption Cash Flows Fair Weighted-Average Life Impact of Adverse Change on Fair Value OAS Spread Impact of Adverse Change on Fair Value ($ in millions) (a) Rate Value (in years) Rate 10% 20% 50% (bps) 10% 20% Residential mortgage loans: Servicing rights Fixed $ 756 6.0 11.2 % $ (33) (63) (143) 528 $ (15) (30) Servicing rights Adjustable 20 3.3 25.2 (1) (3) (6) 757 - (1) (a) The impact of the weighted-average default rate on the current fair value of residual cash flows for all scenarios is immaterial .

Derivative Financial Instrume41

Derivative Financial Instruments (Tables)	3 Months Ended
	Mar. 31, 2017
Derivative Financial Instruments
Notional Amounts and Fair Values for All Derivative Instruments Included in the Consolidated Balance Sheets	The following tables reflect the notional amounts and fair values for all derivative instruments included in the Condensed Consolidated Balance Sheets as of: Fair Value Notional Derivative Derivative March 31, 2017 ($ in millions) Amount Assets Liabilities Derivatives Designated as Qualifying Hedging Instruments: Fair value hedges: Interest rate swaps related to long-term debt $ 2,955 305 - Total fair value hedges 305 - Cash flow hedges: Interest rate swaps related to C&I loans 4,475 - 18 Total cash flow hedges - 18 Total derivatives designated as qualifying hedging instruments 305 18 Derivatives Not Designated as Qualifying Hedging Instruments: Free-standing derivatives - risk management and other business purposes: Interest rate contracts related to MSR portfolio 10,602 129 22 Forward contracts related to residential mortgage loans held for sale 1,630 1 5 Swap associated with the sale of Visa, Inc. Class B Shares 1,481 - 97 Foreign exchange contracts 110 - - Total free-standing derivatives - risk management and other business purposes 130 124 Free-standing derivatives - customer accommodation: Interest rate contracts for customers 35,882 190 144 Interest rate lock commitments 780 16 - Commodity contracts 2,145 79 80 TBAs 36 - - Foreign exchange contracts 10,024 126 123 Total free-standing derivatives - customer accommodation 411 347 Total derivatives not designated as qualifying hedging instruments 541 471 Total $ 846 489 Fair Value Notional Derivative Derivative December 31, 2016 ($ in millions) Amount Assets Liabilities Derivatives Designated as Qualifying Hedging Instruments: Fair value hedges: Interest rate swaps related to long-term debt $ 3,455 323 12 Total fair value hedges 323 12 Cash flow hedges: Interest rate swaps related to C&I loans 4,475 22 - Total cash flow hedges 22 - Total derivatives designated as qualifying hedging instruments 345 12 Derivatives Not Designated as Qualifying Hedging Instruments: Free-standing derivatives - risk management and other business purposes: Interest rate contracts related to MSR portfolio 10,522 165 39 Forward contracts related to residential mortgage loans held for sale 1,823 20 3 Swap associated with the sale of Visa, Inc. Class B Shares 1,300 - 91 Foreign exchange contracts 111 - - Total free-standing derivatives - risk management and other business purposes 185 133 Free-standing derivatives - customer accommodation: Interest rate contracts for customers 33,431 205 210 Interest rate lock commitments 701 13 1 Commodity contracts 2,095 107 106 Foreign exchange contracts 11,013 202 204 Total free-standing derivatives - customer accommodation 527 521 Total derivatives not designated as qualifying hedging instruments 712 654 Total $ 1,057 666
Net Gains (Losses) Recognized in the Income Statement Related to Derivatives in Fair Value Hedging Relationships	The following table reflects the change in fair value of interest rate contracts, designated as fair value hedges, as well as the change in fair value of the related hedged items attributable to the risk being hedged, included in the Condensed Consolidated Statements of Income: Condensed Consolidated For the three months Statements of ended March 31, ($ in millions) Income Caption 2017 2016 Change in fair value of interest rate swaps hedging long-term debt Interest on long-term debt $ (21) 83 Change in fair value of hedged long-term debt attributable to the risk being hedged Interest on long-term debt 21 (85)
Net Gains (Losses) Relating to Derivative Instruments Designated as Cash Flow Hedges	The following table presents the pretax net gains (losses) recorded in the Condensed Consolidated Statements of Income and in the Condensed Consolidated Statements of Comprehensive Income relating to derivative instruments designated as cash flow hedges: For the three months ended March 31, ($ in millions) 2017 2016 Amount of pretax net (losses) gains recognized in OCI $ (5) 74 Amount of pretax net gains reclassified from OCI into net income 8 14
Schedule of Price Risk Derivatives	The net (losses) gains recorded in the Condensed Consolidated Statements of Income relating to free-standing derivative instruments used for risk management and other business purposes are summarized in the following table: Condensed Consolidated For the three months Statements of ended March 31, ($ in millions) Income Caption 2017 2016 Interest rate contracts: Forward contracts related to residential mortgage loans held for sale Mortgage banking net revenue $ (21) (11) Interest rate contracts related to MSR portfolio Mortgage banking net revenue (1) 96 Foreign exchange contracts: Foreign exchange contracts for risk management purposes Other noninterest income (1) (4) Equity contracts: Stock warrant associated with Vantiv Holding, LLC Other noninterest income - 47 Swap associated with sale of Visa, Inc. Class B Shares Other noninterest income (13) 1
Risk Ratings of the Notional Amount of Risk Participation Agreements	Risk ratings of the notional amount of risk participation agreements under this risk rating system are summarized in the following table as of: March 31, December 31, ($ in millions) 2017 2016 Pass $ 2,604 2,447 Special mention 8 14 Substandard 11 6 Total $ 2,623 2,467
Net Gains (Losses) Recognized in the Income Statement Related to Free-Standing Derivative Instruments Used For Customer Accomodation	The net gains (losses) recorded in the Condensed Consolidated Statements of Income relating to free-standing derivative instruments used for customer accommodation are summarized in the following table: For the three months Condensed Consolidated ended March 31, ($ in millions) Statements of Income Caption 2017 2016 Interest rate contracts: Interest rate contracts for customers (contract revenue) Corporate banking revenue $ 5 7 Interest rate contracts for customers (credit portion of fair value adjustment) Other noninterest expense - (1) Interest rate lock commitments Mortgage banking net revenue 22 42 Commodity contracts: Commodity contracts for customers (contract revenue) Corporate banking revenue 1 1 Commodity contracts for customers (credit portion of fair value adjustment) Other noninterest expense 1 (1) Foreign exchange contracts: Foreign exchange contracts for customers (contract revenue) Corporate banking revenue 13 16 Foreign exchange contracts for customers (credit portion of fair value adjustment) Other noninterest expense 1 (2)
Offsetting Derivative Financial Instruments	The following tables provide a summary of offsetting derivative financial instruments: Gross Amount Gross Amounts Not Offset in the Recognized in the Condensed Consolidated Balance Sheets Condensed Consolidated As of March 31, 2017 ($ in millions) Balance Sheets (a) Derivatives Collateral (b) Net Amount Assets: Derivatives $ 830 (225) (345) 260 Total assets 830 (225) (345) 260 Liabilities: Derivatives 489 (225) (115) 149 Total liabilities $ 489 (225) (115) 149 Amount does not includ e IRLCs because these instruments are not subject to master netting or similar arrangements . Amount of collateral received as an offset to asset positions or pledged as an offset to liability positions. Collateral values in excess of related derivative amounts recognized in the Condensed Consolidated Balance Sheets were excluded from this table. Gross Amount Gross Amounts Not Offset in the Recognized in the Condensed Consolidated Balance Sheets Condensed Consolidated As of December 31, 2016 ($ in millions) Balance Sheets (a) Derivatives Collateral (b) Net Amount Assets: Derivatives $ 1,044 (374) (377) 293 Total assets 1,044 (374) (377) 293 Liabilities: Derivatives 665 (374) (125) 166 Total liabilities $ 665 (374) (125) 166 Amount does not includ e the stock warrant associated with Vantiv Holding, LLC and IRLCs because these instruments are not subject to master netting or similar arrangements . Amount of collateral received as an offset to asset positions or pledged as an offset to liability positions. Collateral values in excess of related derivative amounts recognized in the Condensed Consolidated Balance Sheets were excluded from this table.

Other Short Term Borrowings (Ta

Other Short Term Borrowings (Tables)	3 Months Ended
	Mar. 31, 2017
Short-term Debt
Schedule Of Short Term Debt	Borrowings with original maturities of one year or less are classified as short-term. The following table presents a summary of the Bancorp's other short-term borrowings as of: March 31, December 31, ($ in millions) 2017 2016 FHLB advances $ 950 2,500 Securities sold under repurchase agreements 684 661 Derivative collateral 381 374 Total other short-term borrowings $ 2,015 3,535
Schedule of Underlying Assets of Repurchase Agreements when Amount of Repurchase Agreements Exceeds 10 Percent of Assets	The following table summarizes the Bancorp's securities sold under repurchase agreements by the type of collateral securing the borrowing and remaining contractual maturity as of: ($ in millions) March 31, 2017 December 31, 2016 Amount Remaining Contractual Maturity Amount Remaining Contractual Maturity Type of collateral: Agency residential mortgage-backed securities $ 684 Overnight 661 Overnight U.S. Treasury and federal agencies securities - Overnight - Overnight Total securities sold under repurchase agreements $ 684 661

Commitments, Contingent Liabi43

Commitments, Contingent Liabilities and Guarantees (Tables)	3 Months Ended
	Mar. 31, 2017
Commitments, Contingent Liabilities and Guarantees
Summary of Significant Commitments	Commitments The Bancorp has certain commitments to make future payments under contracts. The following table reflects a summary of significant commitments as of: March 31, December 31, ($ in millions) 2017 2016 Commitments to extend credit $ 66,980 67,909 Letters of credit 2,525 2,583 Forward contracts related to residential mortgage loans held for sale 1,630 1,823 Noncancelable operating lease obligations 575 576 Purchase obligations 120 57 Capital commitments for private equity investments 57 59 Capital expenditures 49 29 Capital lease obligations 18 19
Credit Risk Associated With Commitments	Risk ratings under this risk rating system are summarized in the following table as of: March 31, December 31, ($ in millions) 2017 2016 Pass $ 65,821 66,802 Special mention 404 338 Substandard 743 753 Doubtful 12 16 Total commitments to extend credit $ 66,980 67,909
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 March 31, 2017: ($ in millions) Less than 1 year (a) $ 1,405 1 - 5 years (a) 1,095 Over 5 years 25 Total letters of credit $ 2,525 ( a) Includes $ 17 and $ 5 issued on behalf of commercial customers to facilitate trade payments in U.S. dollars and foreign currencies which expire less than 1 y ear and between 1 - 5 years, respectively.
Credit Risk associated with Letters of Credit	Risk ratings under this risk rating system are summarized in the following table as of: March 31, December 31, ($ in millions) 2017 2016 Pass $ 2,100 2,134 Special mention 79 98 Substandard 282 290 Doubtful 64 61 Total letters of credit $ 2,525 2,583
Activity in Reserve for Representation and Warranty Provisions	The following table summarizes activity in the reserve for representation and warranty provisions: For the three months ended March 31, ($ in millions) 2017 2016 Balance, beginning of period $ 13 25 Net reductions to the reserve (1) (2) Losses charged against the reserve - - Balance, end of period $ 12 23
Schedule of Liability for Unpaid Claims and Claims Adjustment Expense	The following tables provide a rollforward of unresolved claims by claimant type for the three months ended: GSE Private Label March 31, 2017 ($ in millions) Units Dollars Units Dollars Balance, beginning of period 13 $ 2 - $ - New demands 23 3 - - Loan paydowns/payoffs (1) - - - Resolved demands (24) (4) - - Balance, end of period 11 $ 1 - $ - GSE Private Label March 31, 2016 ($ in millions) Units Dollars Units Dollars Balance, beginning of period 16 $ 4 2 $ - New demands 71 6 2 - Loan paydowns/payoffs (4) (1) - - Resolved demands (68) (7) (3) - Balance, end of period 15 $ 2 1 $ -
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 acc ount 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: Visa Bancorp Cash Period ($ in millions) Funding Amount Payment Amount Q2 2010 $ 500 20 Q4 2010 800 35 Q2 2011 400 19 Q1 2012 1,565 75 Q3 2012 150 6 Q3 2014 450 18 i

Accumulated Other Comprehensi44

Accumulated Other Comprehensive Income (Tables)	3 Months Ended
	Mar. 31, 2017
Accumulated Other Comprehensive Income
Activity of the Components of Other Comprehensive Income and Accumulated Other Comprehensive Income	The tables below present the activity of the components of OCI and AOCI for the three months ended: Total Other Total Accumulated Other Comprehensive Income Comprehensive Income Pretax Tax Net Beginning Net Ending March 31, 2017 ($ in millions) Activity Effect Activity Balance Activity Balance Unrealized holding gains on available-for-sale securities arising during period $ 22 (7) 15 Reclassification adjustment for net losses on available-for-sale securities included in net income 2 (1) 1 Net unrealized gains on available-for-sale securities 24 (8) 16 101 16 117 Unrealized holding losses on cash flow hedge derivatives arising during period (5) 2 (3) Reclassification adjustment for net gains on cash flow hedge derivatives included in net income (8) 3 (5) Net unrealized gains on cash flow hedge derivatives (13) 5 (8) 10 (8) 2 Reclassification of amounts to net periodic benefit costs 2 (1) 1 Defined benefit pension plans, net 2 (1) 1 (52) 1 (51) Total $ 13 (4) 9 59 9 68 Total Other Total Accumulated Other Comprehensive Income Comprehensive Income Pretax Tax Net Beginning Net Ending March 31, 2016 ($ in millions) Activity Effect Activity Balance Activity Balance Unrealized holding gains on available-for-sale securities arising during period $ 695 (243) 452 Reclassification adjustment for net gains on available-for-sale securities included in net income (8) 3 (5) Net unrealized gains on available-for-sale securities 687 (240) 447 238 447 685 Unrealized holding gains on cash flow hedge derivatives arising during period 74 (26) 48 Reclassification adjustment for net gains on cash flow hedge derivatives included in net income (14) 5 (9) Net unrealized gains on cash flow hedge derivatives 60 (21) 39 22 39 61 Reclassification of amounts to net periodic benefit costs 2 (1) 1 Defined benefit pension plans, net 2 (1) 1 (63) 1 (62) Total $ 749 (262) 487 197 487 684
Reclassification Out of Accumulated Other Comprehensive Income to Net Income	The table below presents reclassifications out of AOCI: Condensed Consolidated Statements of Income Caption For the three months ended March 31, Components of AOCI: ($ in millions) 2017 2016 Net unrealized gains on available-for-sale securities: (b) Net losses included in net income Securities gains, net $ (2) 8 Income before income taxes (2) 8 Applicable income tax expense 1 (3) Net income (1) 5 Net unrealized gains on cash flow hedge derivatives: (b) Interest rate contracts related to C&I loans Interest and fees on loans and leases 8 14 Income before income taxes 8 14 Applicable income tax expense (3) (5) Net income 5 9 Net periodic benefit costs: (b) Amortization of net actuarial loss Employee benefits expense (a) (2) (2) Income before income taxes (2) (2) Applicable income tax expense 1 1 Net income (1) (1) Total reclassifications for the period Net income $ 3 13 This AOCI component is included in the computation of net periodic benefit cost. Refer to Note 21 of the Notes to the Consolidated Financial Statements included in the Bancorp’s Annual Report on Form 10-K for the year ended December 31, 2016 for information on the computation of net periodic benefit cost . Amounts in parentheses indicate reductions to net income .

Earnings Per Share (Tables)

Earnings Per Share (Tables)	3 Months Ended
	Mar. 31, 2017
Earnings Per Share
Calculation of Earnings Per Share and the Reconciliation of Earnings Per Share to Earnings Per Diluted Share	The following table provides the calculation of earnings per share and the reconciliation of earnings per share and earnings per diluted share: 2017 2016 (a) For the three months ended March 31, Average Per Share Average Per Share (in millions, except per share data) Income Shares Amount Income Shares Amount Earnings Per Share: Net income available to common shareholders $ 290 311 Less: Income allocated to participating securities 4 3 Net income allocated to common shareholders $ 286 748 0.38 308 774 0.40 Earnings Per Diluted Share: Net income available to common shareholders $ 290 311 Effect of dilutive securities: Stock-based awards - 13 - 4 Net income available to common shareholders 290 311 plus assumed conversions Less: Income allocated to participating securities 4 3 Net income allocated to common shareholders plus assumed conversions $ 286 761 0.38 308 778 0.40 A net tax deficiency of $1 million was reclassified from capital surplus to applicable income tax expense and average common shares outstanding – diluted were adjusted at March 31, 2016, related to the early adoption of ASU 2016-09 during the fourth quarter of 2016, with an effective date of January 1, 2016 .

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	3 Months Ended
	Mar. 31, 2017
Fair Value Measurements
Assets and Liabilities Measured at Fair Value on a Recurring Basis	Assets and Liabilities Measured at Fair Value on a Recurring Basis The following tables summarize assets and liabilities measured at fair value on a recurring basis as of: Fair Value Measurements Using March 31, 2017 ($ in millions) Level 1 (c) Level 2 (c) Level 3 Total Fair Value Assets: Available-for-sale and other securities: U.S. Treasury and federal agencies securities $ 437 - - 437 Obligations of states and political subdivisions securities - 45 - 45 Mortgage-backed securities: Agency residential mortgage-backed securities - 16,245 - 16,245 Agency commercial mortgage-backed securities - 8,672 - 8,672 Non-agency commercial mortgage-backed securities - 3,299 - 3,299 Asset-backed securities and other debt securities - 2,134 - 2,134 Equity securities (a) 90 1 - 91 Available-for-sale and other securities (a) 527 30,396 - 30,923 Trading securities: U.S. Treasury and federal agencies securities - 18 - 18 Obligations of states and political subdivisions securities - 21 - 21 Mortgage-backed securities: Agency residential mortgage-backed securities - 265 - 265 Asset-backed securities and other debt securities - 24 - 24 Equity securities 361 - - 361 Trading securities 361 328 - 689 Residential mortgage loans held for sale - 606 - 606 Residential mortgage loans (b) - - 141 141 MSRs (f) - - 776 776 Derivative assets: Interest rate contracts 1 624 16 641 Foreign exchange contracts - 126 - 126 Commodity contracts 23 56 - 79 Derivative assets (d) 24 806 16 846 Total assets $ 912 32,136 933 33,981 Liabilities: Derivative liabilities: Interest rate contracts $ 5 179 5 189 Foreign exchange contracts - 123 - 123 Equity contracts - - 97 97 Commodity contracts 8 72 - 80 Derivative liabilities (e) 13 374 102 489 Short positions (e) 21 6 - 27 Total liabilities $ 34 380 102 516 Excludes FHLB, FRB and DTCC restricted stock holdings totaling $ 248 , $ 359 and $ 1 , respectively, at March 31, 2017 . Includes residential mortgage loans originated as held for sale and subsequently transferred to held for investment. During the three months ended March 31, 2017 , no assets or liabilities were transferred between Level 1 and Level 2. Included in other assets in the Condensed Consolidated Balance Sheets. Included in other liabilities in the Condensed Consolidat ed Balance Sheets. Effective January 1, 2017, the Bancorp has elected the fair value measurement method for all existing classes of its residential mortgage servicing rights. The servicing rights were measured at fair value at March 31, 2017 and were measu red under the amortization method at December 31, 2016. Fair Value Measurements Using December 31, 2016 ($ in millions) Level 1 (c) Level 2 (c) Level 3 Total Fair Value Assets: Available-for-sale and other securities: U.S. Treasury and federal agencies securities $ 471 78 - 549 Obligations of states and political subdivisions securities - 45 - 45 Mortgage-backed securities: Agency residential mortgage-backed securities - 15,608 - 15,608 Agency commercial mortgage-backed securities - 9,055 - 9,055 Non-agency commercial mortgage-backed securities - 3,112 - 3,112 Asset-backed securities and other debt securities - 2,116 - 2,116 Equity securities (a) 90 1 - 91 Available-for-sale and other securities (a) 561 30,015 - 30,576 Trading securities: U.S. Treasury and federal agencies securities - 23 - 23 Obligations of states and political subdivisions securities - 39 - 39 Mortgage-backed securities: Agency residential mortgage-backed securities - 8 - 8 Asset-backed securities and other debt securities - 15 - 15 Equity securities 325 - - 325 Trading securities 325 85 - 410 Residential mortgage loans held for sale - 686 - 686 Residential mortgage loans (b) - - 143 143 Derivative assets: Interest rate contracts 20 715 13 748 Foreign exchange contracts - 202 - 202 Commodity contracts 22 85 - 107 Derivative assets (d) 42 1,002 13 1,057 Total assets $ 928 31,788 156 32,872 Liabilities: Derivative liabilities: Interest rate contracts $ 3 257 5 265 Foreign exchange contracts - 204 - 204 Equity contracts - - 91 91 Commodity contracts 27 79 - 106 Derivative liabilities (e) 30 540 96 666 Short positions (e) 17 4 - 21 Total liabilities $ 47 544 96 687 Excludes FHLB, FRB and DTCC restricted stock holdings totaling $248, $358 and $1 , respectively, at December 31, 2016 . Includes residential mortgage loans originated as held for sale and subsequently transferred to held for investment. During the year ended December 31, 2016 , no assets or liabilities were transferred between Level 1 and Level 2. Included in other assets in the Condensed Consolidated Balance Sheets. Included in other liabilities in the Condensed Consolidated Balance Sheets.
Reconciliation of Assets and Liabilities Measured at Fair Value on a Recurring Basis Using Significant Unobservable Inputs (Level 3)	The following tables are a reconciliation of assets and liabilities measured at fair value on a recurring basis using significant unobservable inputs (Level 3): Fair Value Measurements Using Significant Unobservable Inputs (Level 3) Residential Interest Rate Equity Mortgage Derivatives, Derivatives, Total For the three months ended March 31, 2017 ($ in millions) Loans MSRs (d) Net (a) Net (a) Fair Value Balance, beginning of period $ 143 744 8 (91) 804 Total gains (losses) (realized/unrealized): Included in earnings - (23) 23 (13) (13) Purchases/originations - 55 (1) - 54 Settlements (5) - (19) 7 (17) Transfers into Level 3 (b) 3 - - - 3 Balance, end of period $ 141 776 11 (97) 831 The amount of total gains (losses) for the period included in earnings attributable to the change in unrealized gains or losses relating to assets still held at March 31, 2017 (c) $ - (23) 16 (13) (20) Net interest rate derivatives include derivative assets and liabilities of $ 16 and $ 5 , respectively , as of March 31, 2017 . Net equity derivatives include derivative assets and liabilities of $ 0 and $ 97 , respectively, as of March 31, 2017 . Includes certain residential mortgage loans originated as held for sale that were transferred to held for invest ment. Includes interest income and expense. Eff ective January 1, 2017, the Bancorp has elected the fair value measurement method for all existing classes of its residential mortgage servicing rights. The servicing r ights were measured at fair value at March 31, 2017 and were measured under the amortiza tion method at December 31, 2016. Fair Value Measurements Using Significant Unobservable Inputs (Level 3) Residential Interest Rate Equity Mortgage Derivatives, Derivatives, Total For the three months ended March 31, 2016 ($ in millions) Loans Net (a) Net (a) Fair Value Balance, beginning of period $ 167 12 201 380 Total gains (realized/unrealized): Included in earnings 1 42 48 91 Purchases - (1) - (1) Settlements (11) (28) 4 (35) Transfers into Level 3 (b) 3 - - 3 Balance, end of period $ 160 25 253 438 The amount of total gains for the period included in earnings attributable to the change in unrealized gains or losses relating to assets still held at March 31, 2016 (c) $ 1 29 48 78 Net interest rate derivatives include derivative assets and liabilities of $ 29 and $ 4 , respectively, as of March 31, 2016 . Net equity derivatives include derivative assets and liabilities of $ 308 and $ 55 , respectively, as of March 31, 2016 . Includes certain residential mortgage loans originated as held for sale that were transferred to held for invest ment. Includes interest income and expense.
Total Gains and Losses Included in Earnings for Assets and Liabilites Measured at Fair Value on a Recurring Basis Using Significant Unobservable Inputs (Level 3)	The total gains and losses included in earnings for assets and liabilities measured at fair value on a recurring basis using significant unobservable inputs (Level 3) were recorded in the Condensed Consolidated Statements of Income as follows: For the three months ended March 31, ($ in millions) 2017 2016 Mortgage banking net revenue $ - 43 Other noninterest income (13) 48 Total (losses) gains $ (13) 91 The total gains and losses included in earnings attributable to changes in unrealized gains and losses related to Level 3 assets and liabilities still held at March 31, 2017 and 2016 were recorded in the Condensed Consolidated Statements of Income as follows: For the three months ended March 31, ($ in millions) 2017 2016 Mortgage banking net revenue $ (7) 30 Other noninterest income (13) 48 Total (losses) gains $ (20) 78
Assets and Liabilities Measured at Fair Value on a Nonrecurring Basis	The following tables provide the fair value hierarchy and carrying amount of all assets that were held as of March 31, 2017 and 2016, and for which a nonrecurring fair value adjustment was recorded during the three months ended March 31, 2017 and 2016, and the related gains and losses from fair value adjustments on assets sold during the period as well as assets still held as of the end of the period. Fair Value Measurements Using Total Losses For the three months As of March 31, 2017 ($ in millions) Level 1 Level 2 Level 3 Total ended March 31, 2017 Commercial loans held for sale $ - - 1 1 (19) Commercial and industrial loans - - 318 318 (26) Commercial mortgage loans - - 25 25 (2) Commercial leases - - 2 2 (1) OREO - - 19 19 (4) Bank premises and equipment - - 15 15 (3) Operating lease equipment - - 55 55 (20) Total $ - - 435 435 (75) Fair Value Measurements Using Total (Losses) Gains For the three months As of March 31, 2016 ($ in millions) Level 1 Level 2 Level 3 Total ended March 31, 2016 Commercial loans held for sale $ - - 5 5 (2) Commercial and industrial loans - - 347 347 (47) Commercial mortgage loans - - 85 85 6 Commercial construction loans - - - - 2 MSRs (a) - - 685 685 (85) OREO - - 27 27 (3) Bank premises and equipment - - 12 12 1 Total $ - - 1,161 1,161 (128) Effective January 1, 2017, the Bancorp has elected the fair value measurement method for all existing classes of its residential mortgage servicing rights. The servicing rights were measured at fair value at March 31, 2017 and were measured under the amortization method at December 31, 2016.
Quantitative Information About Significant Unobservable Level 3 Fair Value Measurement Inputs	The following tables present information as of March 31, 2017 and 2016 about significant unobservable inputs related to the Bancorp’s material categories of Level 3 financial assets and liabilities measured at fair value on a recurring basis: As of March 31, 2017 ($ in millions) Financial Instrument Fair Value Valuation Technique Significant Unobservable Inputs Ranges of Inputs Weighted-Average Residential mortgage loans $ 141 Loss rate model Interest rate risk factor (10.6) - 15.4% 2.3% Credit risk factor 0 - 46.2% 1.2% MSRs 776 Discounted cash flow Prepayment speed 0.7-100% (Fixed) 11.2% (Adjustable) 25.2% OAS spread (bps) 430-1,515 (Fixed) 528 (Adjustable) 757 IRLCs, net 16 Discounted cash flow Loan closing rates 12.3 - 97.9% 72.2% Swap associated with the sale of Visa, Inc. (97) Discounted cash flow Timing of the resolution 12/31/2018 - NM Class B shares of the Covered Litigation 12/31/2022 As of March 31, 2016 ($ in millions) Financial Instrument Fair Value Valuation Technique Significant Unobservable Inputs Ranges of Inputs Weighted-Average Residential mortgage loans $ 160 Loss rate model Interest rate risk factor (6.0) - 16.5% 4.4% Credit risk factor 0 - 80.5% 1.4% IRLCs, net 29 Discounted cash flow Loan closing rates 5.6 - 94.0% 75.0% Stock warrant associated with Vantiv 308 Black-Scholes option- Expected term (years) 2.0 - 13.3 5.8 Holding, LLC pricing model Expected volatility (a) 23.0 - 30.4% 25.9% Swap associated with the sale of Visa, Inc. (55) Discounted cash flow Timing of the resolution 12/31/2016 - NM Class B shares of the Covered Litigation 3/31/2021 (a) Based on historical and implied volatilities of Vantiv, Inc. and comparable companies assuming similar expected terms. The following tables present information as of March 31, 2017 and 2016 about significant unobservable inputs related to the Bancorp’s material categories of Level 3 financial assets and liabilities measured on a nonrecurring basis: As of March 31, 2017 ($ in millions) Financial Instrument Fair Value Valuation Technique Significant Unobservable Inputs Ranges of Inputs Weighted-Average Commercial loans held for sale $ 1 Appraised value Appraised value NM NM Commercial and industrial loans 318 Appraised value Collateral value NM NM Commercial mortgage loans 25 Appraised value Collateral value NM NM Commercial leases 2 Appraised value Collateral value NM NM OREO 19 Appraised value Appraised value NM NM Bank premises and equipment 15 Appraised value Appraised value NM NM Operating lease equipment 55 Appraised value Appraised value NM NM As of March 31, 2016 ($ in millions) Financial Instrument Fair Value Valuation Technique Significant Unobservable Inputs Ranges of Inputs Weighted-Average Commercial loans held for sale $ 5 Appraised value Appraised Value NM NM Costs to sell NM 10.0% Commercial and industrial loans 347 Appraised value Collateral value NM NM Commercial mortgage loans 85 Appraised value Collateral value NM NM Commercial construction loans - Appraised value Collateral value NM NM MSRs 685 Discounted cash flow Prepayment speed 0-100% (Fixed) 14.1% (Adjustable) 27.8% OAS spread (bps) 364-1,515 (Fixed) 603 (Adjustable) 713 OREO 27 Appraised value Appraised value NM NM Bank premises and equipment 12 Appraised value Appraised value NM NM
Difference Between the Aggregate Fair Value and the Aggregate Unpaid Principal Balance for Residential Mortgage Loans Measured at Fair Value	The following table summarizes the difference between the fair value and the unpaid principal balance for residential mortgage loans measured at fair value as of: Aggregate Aggregate Unpaid ($ in millions) Fair Value Principal Balance Difference March 31, 2017 Residential mortgage loans measured at fair value $ 747 725 22 Past due loans of 90 days or more 2 2 - Nonaccrual loans 1 1 - December 31, 2016 Residential mortgage loans measured at fair value $ 829 823 6 Past due loans of 90 days or more 2 2 - Nonaccrual loans 1 1 -
Carrying Amounts and Estimated Fair Values for Certain Financial Instruments	Fair Value of Certain Financial Instruments The following tables summarize the carrying amounts and estimated fair values for certain financial instruments, excluding financial instruments measured at fair value on a recurring basis: Net Carrying Fair Value Measurements Using Total As of March 31, 2017 ($ in millions) Amount Level 1 Level 2 Level 3 Fair Value Financial assets: Cash and due from banks $ 2,205 2,205 - - 2,205 Other securities 608 - 608 - 608 Held-to-maturity securities 26 - - 26 26 Other short-term investments 1,644 1,644 - - 1,644 Loans held for sale 10 - - 10 10 Portfolio loans and leases: Commercial and industrial loans 40,362 - - 41,567 41,567 Commercial mortgage loans 6,838 - - 6,776 6,776 Commercial construction loans 4,268 - - 4,238 4,238 Commercial leases 4,079 - - 3,700 3,700 Residential mortgage loans 15,099 - - 15,459 15,459 Home equity 7,415 - - 8,194 8,194 Automobile loans 9,530 - - 9,246 9,246 Credit card 1,975 - - 2,307 2,307 Other consumer loans and leases 795 - - 830 830 Unallocated ALLL (112) - - - - Total portfolio loans and leases, net $ 90,249 - - 92,317 92,317 Financial liabilities: Deposits $ 104,156 - 104,148 - 104,148 Federal funds purchased 155 155 - - 155 Other short-term borrowings 2,015 - 2,015 - 2,015 Long-term debt 13,658 13,608 527 - 14,135 Net Carrying Fair Value Measurements Using Total As of December 31, 2016 ($ in millions) Amount Level 1 Level 2 Level 3 Fair Value Financial assets: Cash and due from banks $ 2,392 2,392 - - 2,392 Other securities 607 - 607 - 607 Held-to-maturity securities 26 - - 26 26 Other short-term investments 2,754 2,754 - - 2,754 Loans held for sale 65 - - 65 65 Portfolio loans and leases: Commercial and industrial loans 40,958 - - 41,976 41,976 Commercial mortgage loans 6,817 - - 6,735 6,735 Commercial construction loans 3,887 - - 3,853 3,853 Commercial leases 3,959 - - 3,651 3,651 Residential mortgage loans 14,812 - - 15,415 15,415 Home equity 7,637 - - 8,421 8,421 Automobile loans 9,941 - - 9,640 9,640 Credit card 2,135 - - 2,503 2,503 Other consumer loans and leases 668 - - 678 678 Unallocated ALLL (112) - - - - Total portfolio loans and leases, net $ 90,702 - - 92,872 92,872 Financial liabilities: Deposits $ 103,821 - 103,811 - 103,811 Federal funds purchased 132 132 - - 132 Other short-term borrowings 3,535 - 3,535 - 3,535 Long-term debt 14,388 14,288 545 - 14,833

Business Segments (Tables)

Business Segments (Tables)	3 Months Ended
	Mar. 31, 2017
Segment Reporting
Results of Operations and Average Assets by Segment	The following tables present the results of operations and assets by business segment for the three months ended: Wealth General Commercial Branch Consumer and Asset Corporate March 31, 2017 ($ in millions) Banking Banking Lending Management and Other Eliminations Total Net interest income $ 425 430 61 38 (21) - 933 Provision for loan and lease losses 6 42 15 4 7 - 74 Net interest income after provision for loan and lease losses 419 388 46 34 (28) - 859 Total noninterest income 202 (c) 184 (b) 55 106 10 (34) (a) 523 Total noninterest expense 370 402 120 113 15 (34) 986 Income (loss) before income taxes 251 170 (19) 27 (33) - 396 Applicable income tax expense (benefit) 40 60 (7) 10 (12) - 91 Net income (loss) 211 110 (12) 17 (21) - 305 Less: Net income attributable to noncontrolling interests - - - - - - - Net income (loss) attributable to Bancorp 211 110 (12) 17 (21) - 305 Dividends on preferred stock - - - - 15 - 15 Net income (loss) available to common shareholders $ 211 110 (12) 17 (36) - 290 Total goodwill $ 613 1,655 - 151 - - 2,419 Total assets $ 57,672 57,876 21,994 9,641 (6,983) (d) - 140,200 Revenue sharing agreements between wealth and asset management and branch banking are eliminated in the Condensed Consolidated Statements of Income. Includes impairment charges of $3 for branches and land. For more information refer to Note 7 and Note 19. Includes impairment charges of $ 31 for operating lease equipment. For more information refer to Note 8 and Note 19. Includes bank premises and equipment of $ 51 classified as h eld for sale. For more information, refer to Note 7 . Wealth General Commercial Branch Consumer and Asset Corporate March 31, 2016 ($ in millions) Banking Banking Lending Management and Other (d) Eliminations Total (d) Net interest income $ 451 426 60 43 (77) - 903 Provision for loan and lease losses 65 34 12 - 8 - 119 Net interest income after provision for loan and lease losses 386 392 48 43 (85) - 784 Total noninterest income 223 189 (b) 83 100 75 (33) (a) 637 Total noninterest expense 363 411 118 107 20 (33) 986 Income (loss) before income taxes 246 170 13 36 (30) - 435 Applicable income tax expense 35 60 5 13 (4) - 109 Net income (loss) 211 110 8 23 (26) - 326 Less: Net income attributable to noncontrolling interests - - - - - - - Net income (loss) attributable to Bancorp 211 110 8 23 (26) - 326 Dividends on preferred stock - - - - 15 - 15 Net income (loss) available to common shareholders $ 211 110 8 23 (41) - 311 Total goodwill $ 613 1,655 - 148 - - 2,416 Total assets $ 59,652 54,528 22,475 8,900 (3,125) (c) - 142,430 Revenue sharing agreements between wealth and asset management and branch b anking are eliminated in the Condensed Consolidated Statements of Income. Includes impairment charges of $ 2 for branches and land. For more information, refer to Note 7 and Note 19. Includes bank premises and equipment of $ 68 classified as held for sale. For more information, refer to Note 7 . A net tax deficiency of $ 1 million was reclassified from capital surplus to applicable income tax expense at March 31, 2016, related to the early adoption of ASU 2016-09 during the fourth quarter of 2016, with an effective date of January 1, 2016.

Supplemental Cash Flow (Noncash

Supplemental Cash Flow (Noncash Investing and Financing Activities) (Detail) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Interest paid
Interest	$ 208	$ 191
Income taxes paid, net
Income taxes	18	334
Transfers:
Portfolio loans to loans held for sale	5	3
Loans held for sale to portfolio loans	3	12
Portfolio loans to OREO	$ 12	$ 12

Securities (Available-for-Sale

Securities (Available-for-Sale and Held-to-Maturity Securities) (Detail) - USD ($) $ in Millions		Mar. 31, 2017		Dec. 31, 2016
Investment Holdings
Available-for-sale securities, fair value	[1]	$ 31,531		$ 31,183
Available-for-sale securities, unrealized losses		(188)		(191)
Available-for-sale securities, unrealized gains		371		350
Available-for-sale and other securities, Amortized Cost		31,348		31,024
Held-to-maturity securities, fair value		26		26
Held-to-maturity, unrealized losses		0		0
Held-to-maturity, unrealized gains		0		0
Held-to-maturity securities, amortized cost	[2]	26		26
U.S. Treasury and federal agencies
Investment Holdings
Available-for-sale securities, fair value		437		549
Available-for-sale securities, unrealized losses		0		0
Available-for-sale securities, unrealized gains		2		2
Available-for-sale and other securities, Amortized Cost		435		547
Obligations of states and political subdivisions
Investment Holdings
Available-for-sale securities, fair value		45		45
Available-for-sale securities, unrealized losses		0		0
Available-for-sale securities, unrealized gains		1		1
Available-for-sale and other securities, Amortized Cost		44		44
Held-to-maturity securities, fair value		24		24
Held-to-maturity, unrealized losses		0		0
Held-to-maturity, unrealized gains		0		0
Held-to-maturity securities, amortized cost		24		24
Agency mortgage-backed securities | Residential mortgage backed securities
Investment Holdings
Available-for-sale securities, fair value		16,245	[3]	15,608	[4]
Available-for-sale securities, unrealized losses		(90)	[3]	(95)	[4]
Available-for-sale securities, unrealized gains		195	[3]	178	[4]
Available-for-sale and other securities, Amortized Cost		16,140	[3]	15,525	[4]
Agency mortgage-backed securities | Commercial mortgage backed securities
Investment Holdings
Available-for-sale securities, fair value		8,672		9,055
Available-for-sale securities, unrealized losses		(63)		(61)
Available-for-sale securities, unrealized gains		88		87
Available-for-sale and other securities, Amortized Cost		8,647		9,029
Non-agency mortgage-backed securities | Commercial mortgage backed securities
Investment Holdings
Available-for-sale securities, fair value		3,299		3,112
Available-for-sale securities, unrealized losses		(16)		(15)
Available-for-sale securities, unrealized gains		46		51
Available-for-sale and other securities, Amortized Cost		3,269		3,076
Asset-backed securities and other debt securities
Investment Holdings
Available-for-sale securities, fair value		2,134		2,116
Available-for-sale securities, unrealized losses		(17)		(18)
Available-for-sale securities, unrealized gains		36		28
Available-for-sale and other securities, Amortized Cost		2,115		2,106
Held-to-maturity securities, fair value		2		2
Held-to-maturity, unrealized losses		0		0
Held-to-maturity, unrealized gains		0		0
Held-to-maturity securities, amortized cost		2		2
Equity securities
Investment Holdings
Available-for-sale securities, fair value		699	[5]	698	[6]
Available-for-sale securities, unrealized losses		(2)	[5]	(2)	[6]
Available-for-sale securities, unrealized gains		3	[5]	3	[6]
Available-for-sale and other securities, Amortized Cost		$ 698	[5]	$ 697	[6]
[1]	Amortized cost of $ 31,348 and $ 31,024 at March 31, 2017 and December 31, 2016 , respectively.
[2]	Fair value of $ 26 and $ 26 at March 31, 2017 and December 31, 2016 , respectively.
[3]	Includes interest-only mortgage- backed securities of $ 42 as of March 31, 2017 , recorded at fair value with fair value changes re corded in securities gains, net , in the Condensed Consolidated Statement s of Income.
[4]	Includes interest-only mortgage-backed securities of $ 60 as of December 31, 2016 , recorded at fair value with fair value changes recorded in securities gains, net, in the Condensed Consolidated Statements of Income.
[5]	Equity securities consist of FHLB, FRB and DTCC restricted stock holdings of $ 248 , $ 359 and $ 1 , respectively , at March 31, 2017 , that are carried at cost, and certain mutual fund and equity security holdings.
[6]	Equity securities consist of FHLB, FRB and DTCC restricted stock holdings of $ 248 , $ 358 , and $ 1 , respectively, at December 31, 2016 , that are carried at cost, and certain mutual fund and equity security holdings

Securities (Available-for-Sal50

Securities (Available-for-Sale and Held-to-Maturity Securities) (Parenthetical) (Detail) - USD ($) $ in Millions		Mar. 31, 2017	Dec. 31, 2016
Investment Holdings
FHLB, restricted stock holdings		$ 248	$ 248
FRB, restricted stock holdings		359	358
Available-for-sale and other securities	[1]	31,531	31,183
DTCC, restricted stock holdings		1	1
Interest-Only Mortgage-Backed Securities
Investment Holdings
Available-for-sale and other securities		$ 42	$ 60
[1]	Amortized cost of $ 31,348 and $ 31,024 at March 31, 2017 and December 31, 2016 , respectively.

Securities (Realized Gains and

Securities (Realized Gains and Losses Recognized in Income from Available-for-Sale Securities) (Detail) - USD ($) $ in Millions		3 Months Ended
		Mar. 31, 2017	Mar. 31, 2016
Investments, Unrealized Loss Position
OTTI	[1]	$ (10)	$ (3)
Available-for-sale Securities
Investments, Unrealized Loss Position
Realized gains		9	15
Realized losses		(1)	(4)
OTTI		(10)	(3)
Net realized gains (losses)	[2]	$ (2)	$ 8
[1]	(a) Included in securities gains, net, in the Condensed Consolidated Statements of Income
[2]	(a) Excludes net gains of $ 1 and net losses of $ 6 on interest-only mortgage-backed securities for the three months ended March 31, 201 7 and 20 1 6, respectively.

Securities (Realized Gains an52

Securities (Realized Gains and Losses Recognized in Income from Available-for-Sale Securities) (Parenthetical) (Detail) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Interest-Only Mortgage-Backed Securities
Investment Holdings
Net gains/losses on interest-only mortgage-backed securities	$ 1	$ (6)

Securities (Other Than Temporar

Securities (Other Than Temporary Impairment Recognized) (Detail) - USD ($) $ in Millions		3 Months Ended
		Mar. 31, 2017	Mar. 31, 2016
Investments, Unrealized Loss Position
OTTI	[1]	$ (10)	$ (3)
Available-for-sale securities | Equity securities
Investments, Unrealized Loss Position
OTTI		0	(1)
Available-for-sale securities | Debt securities
Investments, Unrealized Loss Position
OTTI		$ (10)	$ (2)
[1]	(a) Included in securities gains, net, in the Condensed Consolidated Statements of Income

Securities (Gains and Losses Re

Securities (Gains and Losses Recognized in Income from Trading Securities) (Detail) - USD ($) $ in Millions		3 Months Ended
		Mar. 31, 2017	Mar. 31, 2016
Securities
Realized gains	[1]	$ 3	$ 2
Realized losses	[2]	(2)	(4)
Net unrealized gains (losses)	[3]	1	1
Total trading securities gains (losses)		$ 2	$ (1)
[1]	Includes realized gains of $ 3 and $ 2 for the three months ended March 31, 2017 and 2016 , respectively, reco rded in corporate banking revenu e and wealth and asset management revenue in the Condensed Consolidated Statements of Income.
[2]	Includes realized losses of $ 2 and $ 4 for the three months ended March 31, 2017 and 2016 , respectively, recorded in corporate banking revenue and wealth and asset management revenue in the Condensed Consolidated Statements of Income.
[3]	Includes an immaterial amount of net unrealized gains for both the three months ended March 31, 2017 and 2016 recorded in corporate banking revenue and wealth and asset management revenue in the Condensed Consolidated Statements of Income.

Securities (Gains and Losses 55

Securities (Gains and Losses Recognized in Income from Trading Securities) (Parenthetical) (Detail) - USD ($) $ in Millions		3 Months Ended
		Mar. 31, 2017	Mar. 31, 2016
Schedule Of Trading Securities And Other Trading Assets
Realized gains	[1]	$ 3	$ 2
Realized losses	[2]	2	4
Net unrealized gains (losses)	[3]	1	1
Corporate Banking Revenue and Wealth and Asset Management Revenue
Schedule Of Trading Securities And Other Trading Assets
Realized gains		3	2
Realized losses		$ 2	$ 4
[1]	Includes realized gains of $ 3 and $ 2 for the three months ended March 31, 2017 and 2016 , respectively, reco rded in corporate banking revenu e and wealth and asset management revenue in the Condensed Consolidated Statements of Income.
[2]	Includes realized losses of $ 2 and $ 4 for the three months ended March 31, 2017 and 2016 , respectively, recorded in corporate banking revenue and wealth and asset management revenue in the Condensed Consolidated Statements of Income.
[3]	Includes an immaterial amount of net unrealized gains for both the three months ended March 31, 2017 and 2016 recorded in corporate banking revenue and wealth and asset management revenue in the Condensed Consolidated Statements of Income.

Securities (Securities - Additi

Securities (Securities - Additional Information) (Detail) - USD ($) $ in Millions	Mar. 31, 2017	Dec. 31, 2016
Investment Holdings
Trading securities	$ 689	$ 410
Securities with a fair value, pledged as collateral	$ 8,300	$ 10,100

Securities (Amortized Cost and

Securities (Amortized Cost and Fair Value of Available-for-Sale and Held-to-Maturity Securities) (Detail) - USD ($) $ in Millions		Mar. 31, 2017	Dec. 31, 2016
Debt securities:
Less than 1 year	[1]	$ 187
1-5 years	[1]	6,316
5-10 years	[1]	21,358
Over 10 years	[1]	2,789
Equity securities		698
Available-for-sale and other securities, Amortized Cost		31,348	$ 31,024
Debt securities:
Less than 1 year	[1]	189
1-5 years	[1]	6,362
5-10 years	[1]	21,481
Over 10 years	[1]	2,800
Equity securities		699
Available-for-sale and other securities, fair value	[2]	31,531	31,183
Debt securities:
Less than 1 year	[1]	2
1-5 years	[1]	12
5-10 years	[1]	10
Over 10 years	[1]	2
Equity securities		0
Held-to-maturity securities, amortized cost	[3]	26	26
Debt securities:
Under 1 year	[1]	2
1-5 years	[1]	12
5-10 years	[1]	10
Over 10 years	[1]	2
Equity securities		0
Held-to-maturity securities, fair value		$ 26	$ 26
[1]	(a) Actual maturities may differ from contractual maturities when a right to call or prepay obligations exists with or without call or prepayment penalties .
[2]	Amortized cost of $ 31,348 and $ 31,024 at March 31, 2017 and December 31, 2016 , respectively.
[3]	Fair value of $ 26 and $ 26 at March 31, 2017 and December 31, 2016 , respectively.

Securities (Fair Value and Gros

Securities (Fair Value and Gross Unrealized Losses on Available-for-Sale Securities) (Detail) - USD ($) $ in Millions	Mar. 31, 2017		Dec. 31, 2016
Investments, Unrealized Loss Position
Less than 12 months Fair Value	$ 9,781		$ 11,079
Less than 12 months Unrealized Losses	(167)		(172)
12 months or more Fair Value	562		545
12 months or more Unrealized Losses	(21)		(19)
Total Fair Value	10,343		11,624
Total Unrealized Losses	(188)		(191)
U.S. Treasury and federal agencies
Investments, Unrealized Loss Position
Less than 12 months Fair Value	101		199
Less than 12 months Unrealized Losses	0		0
12 months or more Fair Value	0		0
12 months or more Unrealized Losses	0		0
Total Fair Value	101		199
Total Unrealized Losses	0		0
Agency mortgage-backed securities | Residential mortgage backed securities
Investments, Unrealized Loss Position
Less than 12 months Fair Value	5,144		6,223
Less than 12 months Unrealized Losses	(82)		(88)
12 months or more Fair Value	161		172
12 months or more Unrealized Losses	(8)		(7)
Total Fair Value	5,305		6,395
Total Unrealized Losses	(90)	[1]	(95)	[2]
Agency mortgage-backed securities | Commercial mortgage backed securities
Investments, Unrealized Loss Position
Less than 12 months Fair Value	2,931		3,183
Less than 12 months Unrealized Losses	(63)		(61)
12 months or more Fair Value	0		0
12 months or more Unrealized Losses	0		0
Total Fair Value	2,931		3,183
Total Unrealized Losses	(63)		(61)
Non-agency mortgage-backed securities | Commercial mortgage backed securities
Investments, Unrealized Loss Position
Less than 12 months Fair Value	1,283		1,052
Less than 12 months Unrealized Losses	(16)		(15)
12 months or more Fair Value	0		0
12 months or more Unrealized Losses	0		0
Total Fair Value	1,283		1,052
Total Unrealized Losses	(16)		(15)
Asset-backed securities and other debt securities
Investments, Unrealized Loss Position
Less than 12 months Fair Value	322		422
Less than 12 months Unrealized Losses	(6)		(8)
12 months or more Fair Value	364		336
12 months or more Unrealized Losses	(11)		(10)
Total Fair Value	686		758
Total Unrealized Losses	(17)		(18)
Equity securities
Investments, Unrealized Loss Position
Less than 12 months Fair Value	0		0
Less than 12 months Unrealized Losses	0		0
12 months or more Fair Value	37		37
12 months or more Unrealized Losses	(2)		(2)
Total Fair Value	37		37
Total Unrealized Losses	$ (2)	[3]	$ (2)	[4]
[1]	Includes interest-only mortgage- backed securities of $ 42 as of March 31, 2017 , recorded at fair value with fair value changes re corded in securities gains, net , in the Condensed Consolidated Statement s of Income.
[2]	Includes interest-only mortgage-backed securities of $ 60 as of December 31, 2016 , recorded at fair value with fair value changes recorded in securities gains, net, in the Condensed Consolidated Statements of Income.
[3]	Equity securities consist of FHLB, FRB and DTCC restricted stock holdings of $ 248 , $ 359 and $ 1 , respectively , at March 31, 2017 , that are carried at cost, and certain mutual fund and equity security holdings.
[4]	Equity securities consist of FHLB, FRB and DTCC restricted stock holdings of $ 248 , $ 358 , and $ 1 , respectively, at December 31, 2016 , that are carried at cost, and certain mutual fund and equity security holdings

Loans & Leases (Loans and Lease

Loans & Leases (Loans and Leases Classified by Primary Purpose) (Detail) - USD ($) $ in Millions		Mar. 31, 2017	Dec. 31, 2016
Loans held for sale:
Loans held for sale	[1]	$ 616	$ 751
Portfolio loans and leases:
Commercial and industrial loans		41,074	41,676
Commercial mortgage loans		6,924	6,899
Commercial construction loans		4,283	3,903
Commercial leases		4,092	3,974
Residential mortgage loans		15,336	15,051
Home equity		7,469	7,695
Automobile loans		9,572	9,983
Credit card		2,070	2,237
Other consumer loans and leases		808	680
Portfolio loans and leases	[2],[3]	91,628	92,098
Commercial Portfolio Segment
Portfolio loans and leases:
Portfolio loans and leases		56,373	56,452
Commercial Portfolio Segment | Commercial and industrial loans
Loans held for sale:
Loans held for sale		2	60
Commercial Portfolio Segment | Commercial mortgage loans
Loans held for sale:
Loans held for sale		7	5
Commercial Portfolio Segment | Commercial leases
Loans held for sale:
Loans held for sale		1	0
Residential Mortgage Loans | Residential mortgage loans
Loans held for sale:
Loans held for sale		606	686
Consumer Portfolio Segment
Portfolio loans and leases:
Portfolio loans and leases		$ 35,255	$ 35,646
[1]	Includes $ 606 and $ 686 of residential mortgage loans held for sale measured at fair value at March 31, 2017 and December 31, 2016 , respectively.
[2]	Includes $ 141 and $ 143 of residential mortgage loans measured at fair value at March 31, 2017 and December 31, 2016 , respectively.
[3]	Includes $ 85 and $ 85 of cash and due from banks, $ 1,015 and $ 1,216 of portfolio loans and leases , $ (25) and $ (26) of ALLL, $ 7 and $ 9 of other assets, $ 2 and $ 3 of other liabilities , and $ 883 and $ 1,094 of long-term debt from consolidated VIEs that are included in their respective captions above at March 31, 2017 and December 31, 2016 , respectively. For further information refer to Note 10 .

Loans & Leases (Loans and Lea60

Loans & Leases (Loans and Leases - Additional Information) (Detail) - USD ($) $ in Millions	Mar. 31, 2017	Dec. 31, 2016
Accounts, Notes, Loans and Financing Receivable
Unamortized premiums and discounts, deferred direct loan origination fees and costs, and fair value adjustments	$ 249	$ 240
Unearned Income	500	503
Loans pledged at the FHLB	13,200	13,100
Loans pledged at the FRB	$ 39,500	$ 40,000

Loans & Leases (Total Loans And

Loans & Leases (Total Loans And Leases Managed By The Bancorp) (Detail) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Dec. 31, 2016
Assets that Continue to be Recognized, Securitized or Asset-backed Financing Arrangement Assets and any Other Financial Assets Managed Together
Balance	$ 91,628		$ 92,098
Net Charge-Offs	89	$ 96
Commercial and Industrial Loans
Assets that Continue to be Recognized, Securitized or Asset-backed Financing Arrangement Assets and any Other Financial Assets Managed Together
Balance	41,076		41,736
Balance of Loans 90 days or More Past Due	3		4
Net Charge-Offs	36	46
Commercial Mortgage Loans
Assets that Continue to be Recognized, Securitized or Asset-backed Financing Arrangement Assets and any Other Financial Assets Managed Together
Balance	6,931		6,904
Balance of Loans 90 days or More Past Due	0		0
Net Charge-Offs	5	6
Commercial Construction Loans
Assets that Continue to be Recognized, Securitized or Asset-backed Financing Arrangement Assets and any Other Financial Assets Managed Together
Balance	4,283		3,903
Balance of Loans 90 days or More Past Due	0		0
Commercial Leases
Assets that Continue to be Recognized, Securitized or Asset-backed Financing Arrangement Assets and any Other Financial Assets Managed Together
Balance	4,093		3,974
Balance of Loans 90 days or More Past Due	0		0
Net Charge-Offs	1	2
Residential Mortgage
Assets that Continue to be Recognized, Securitized or Asset-backed Financing Arrangement Assets and any Other Financial Assets Managed Together
Balance	15,942		15,737
Balance of Loans 90 days or More Past Due	45		49
Net Charge-Offs	5	2
Home Equity
Assets that Continue to be Recognized, Securitized or Asset-backed Financing Arrangement Assets and any Other Financial Assets Managed Together
Balance	7,469		7,695
Balance of Loans 90 days or More Past Due	0		0
Net Charge-Offs	6	8
Automobile Loans
Assets that Continue to be Recognized, Securitized or Asset-backed Financing Arrangement Assets and any Other Financial Assets Managed Together
Balance	9,572		9,983
Balance of Loans 90 days or More Past Due	6		9
Net Charge-Offs	11	9
Credit Card
Assets that Continue to be Recognized, Securitized or Asset-backed Financing Arrangement Assets and any Other Financial Assets Managed Together
Balance	2,070		2,237
Balance of Loans 90 days or More Past Due	21		22
Net Charge-Offs	22	20
Other Consumer Loans and Leases
Assets that Continue to be Recognized, Securitized or Asset-backed Financing Arrangement Assets and any Other Financial Assets Managed Together
Balance	808		680
Balance of Loans 90 days or More Past Due	0		0
Net Charge-Offs	3	$ 3
Loans Held For Sale
Assets that Continue to be Recognized, Securitized or Asset-backed Financing Arrangement Assets and any Other Financial Assets Managed Together
Balance	616		751
Loans and Leases Managed and Securitized
Assets that Continue to be Recognized, Securitized or Asset-backed Financing Arrangement Assets and any Other Financial Assets Managed Together
Balance	92,244		92,849
Balance of Loans 90 days or More Past Due	$ 75		$ 84

Credit Quality (Summary of Tran

Credit Quality (Summary of Transactions in the ALLL by Portfolio segment) (Detail) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2017		Mar. 31, 2016
Financing Receivable, Allowance for Credit Losses
Balance, beginning of period	$ 1,253	[1],[2]	$ 1,272
Losses charged-off	(107)		(116)
Recoveries of losses previously charged- off	18		20
Provision for (benefit from) loan and lease losses	74		119
Balance, end of period	1,238	[3]	1,295
Commercial Portfolio Segment
Financing Receivable, Allowance for Credit Losses
Balance, beginning of period	831	[1]	840
Losses charged-off	(46)		(60)
Recoveries of losses previously charged- off	4		6
Provision for (benefit from) loan and lease losses	37		81
Balance, end of period	826	[3]	867
Residential Mortgage Loans
Financing Receivable, Allowance for Credit Losses
Balance, beginning of period	96	[1]	100
Losses charged-off	(6)		(4)
Recoveries of losses previously charged- off	1		2
Provision for (benefit from) loan and lease losses	5		0
Balance, end of period	96	[3]	98
Consumer Portfolio Segment
Financing Receivable, Allowance for Credit Losses
Balance, beginning of period	214	[1]	217
Losses charged-off	(55)		(52)
Recoveries of losses previously charged- off	13		12
Provision for (benefit from) loan and lease losses	32		37
Balance, end of period	204	[3]	214
Unallocated
Financing Receivable, Allowance for Credit Losses
Balance, beginning of period	112	[1]	115
Losses charged-off	0		0
Recoveries of losses previously charged- off	0		0
Provision for (benefit from) loan and lease losses	0		1
Balance, end of period	$ 112	[3]	$ 116
[1]	Includes $ 2 related to leveraged leases at December 31, 2016 .
[2]	Includes $ 85 and $ 85 of cash and due from banks, $ 1,015 and $ 1,216 of portfolio loans and leases , $ (25) and $ (26) of ALLL, $ 7 and $ 9 of other assets, $ 2 and $ 3 of other liabilities , and $ 883 and $ 1,094 of long-term debt from consolidated VIEs that are included in their respective captions above at March 31, 2017 and December 31, 2016 , respectively. For further information refer to Note 10 .
[3]	Includes $ 2 related to leveraged leases at March 31, 2017 .

Credit Quality (Summary of the

Credit Quality (Summary of the ALLL and Related Loans and Leases Classified by Portfolio Segment) (Detail) - USD ($) $ in Millions	Mar. 31, 2017		Dec. 31, 2016		Mar. 31, 2016	Dec. 31, 2015
Financing Receivable, Allowance for Credit Losses
Individually evaluated for impairment	$ 223	[1]	$ 230	[2]
Collectively evaluated for impairment	903	[1]	911	[2]
Unallocated	112	[1]	112	[2]
Total allowance for loan and lease losses	1,238	[1]	1,253	[2],[3]	$ 1,295	$ 1,272
Individually evaluated for impairment	1,796	[4]	1,927	[5]
Collectively evaluated for impairment	89,689	[4]	90,025	[5]
Loans acquired with deteriorated credit quality	2	[4]	3	[5]
Total portfolio loans and leases	91,487	[4],[6]	91,955	[5],[7]
Commercial Portfolio Segment
Financing Receivable, Allowance for Credit Losses
Individually evaluated for impairment	113	[1],[8]	118	[2],[9]
Collectively evaluated for impairment	713	[1]	713	[2]
Unallocated	0	[1]	0	[2]
Total allowance for loan and lease losses	826	[1]	831	[2]	867	840
Individually evaluated for impairment	786	[4],[8]	904	[5],[9]
Collectively evaluated for impairment	55,587	[4]	55,548	[5]
Loans acquired with deteriorated credit quality	0	[4]	0	[5]
Total portfolio loans and leases	56,373	[4]	56,452	[5]
Residential Mortgage Loans
Financing Receivable, Allowance for Credit Losses
Individually evaluated for impairment	68	[1]	68	[2]
Collectively evaluated for impairment	28	[1]	28	[2]
Unallocated	0	[1]	0	[2]
Total allowance for loan and lease losses	96	[1]	96	[2]	98	100
Individually evaluated for impairment	656	[4]	652	[5]
Collectively evaluated for impairment	14,537	[4]	14,253	[5]
Loans acquired with deteriorated credit quality	2	[4]	3	[5]
Total portfolio loans and leases	15,195	[4]	14,908	[5]
Consumer Portfolio Segment
Financing Receivable, Allowance for Credit Losses
Individually evaluated for impairment	42	[1]	44	[2]
Collectively evaluated for impairment	162	[1]	170	[2]
Unallocated	0	[1]	0	[2]
Total allowance for loan and lease losses	204	[1]	214	[2]	214	217
Individually evaluated for impairment	354	[4]	371	[5]
Collectively evaluated for impairment	19,565	[4]	20,224	[5]
Loans acquired with deteriorated credit quality	0	[4]	0	[5]
Total portfolio loans and leases	19,919	[4]	20,595	[5]
Unallocated
Financing Receivable, Allowance for Credit Losses
Individually evaluated for impairment	0	[1]	0	[2]
Collectively evaluated for impairment	0	[1]	0	[2]
Unallocated	112	[1]	112	[2]
Total allowance for loan and lease losses	112	[1]	112	[2]	$ 116	$ 115
Individually evaluated for impairment	0	[4]	0	[5]
Collectively evaluated for impairment	0	[4]	0	[5]
Loans acquired with deteriorated credit quality	0	[4]	0	[5]
Total portfolio loans and leases	$ 0	[4]	$ 0	[5]
[1]	Includes $ 2 related to leveraged leases at March 31, 2017 .
[2]	Includes $ 2 related to leveraged leases at December 31, 2016 .
[3]	Includes $ 85 and $ 85 of cash and due from banks, $ 1,015 and $ 1,216 of portfolio loans and leases , $ (25) and $ (26) of ALLL, $ 7 and $ 9 of other assets, $ 2 and $ 3 of other liabilities , and $ 883 and $ 1,094 of long-term debt from consolidated VIEs that are included in their respective captions above at March 31, 2017 and December 31, 2016 , respectively. For further information refer to Note 10 .
[4]	Excludes $ 141 of residential mortgage loans measured at fair value, and includes $ 7 03 of leveraged leases, net of unearned income at March 31, 2017 .
[5]	Excludes $ 143 of residential mortgage loans measured at fair value, and includes $ 701 of leveraged leases, net of unearned income at December 31, 2016 .
[6]	Excludes $ 141 of residential mortgage loans measured at fair value at March 31, 2017 .
[7]	Excludes $ 143 of residential mortgage loans measured at fair value at December 31, 2016 .
[8]	Includes five restructured loans at March 31, 2017 associated with a consolidated VIE in which the Bancorp has no continuing credit risk due to the risk being assumed by a third party, with a recorded investment of $ 26 and an ALLL of $ 18 .
[9]	Includes five restructured loans at December 31, 2016 associated with a consolidated VIE in which the Bancorp has no continuing credit risk due to the risk being assumed by a third party, with a recorded investment of $ 26 and an ALLL of $ 18 .

Credit Quality (Summary of th64

Credit Quality (Summary of the ALLL and Related Loans and Leases Classified by Portfolio Segment) (Parenthetical) (Detail) $ in Millions	3 Months Ended				12 Months Ended
	Mar. 31, 2017USD ($)		Mar. 31, 2016USD ($)		Dec. 31, 2016USD ($)		Dec. 31, 2015USD ($)
Financing Receivable, Allowance for Credit Losses
Allowance for loan and lease losses	$ 1,238	[1]	$ 1,295		$ 1,253	[2],[3]	$ 1,272
Portfolio loans and leases	$ 91,487	[4],[5]			91,955	[6],[7]
Number of contracts	2,059	[8],[9]	3,010	[10],[11]
Recorded investment	$ 1,770	[12]			1,901	[13]
Variable Interest Entity, Primary Beneficiary
Financing Receivable, Allowance for Credit Losses
Allowance for loan and lease losses	25				26
Commercial | Variable Interest Entity, Primary Beneficiary
Financing Receivable, Allowance for Credit Losses
Allowance for loan and lease losses	$ 18				$ 18
Number of contracts	5				5
Recorded investment	$ 26				$ 26
Leveraged Leases
Financing Receivable, Allowance for Credit Losses
Allowance for loan and lease losses	2				2
Portfolio loans and leases	703				701
Residential Mortgage Loans
Financing Receivable, Allowance for Credit Losses
Portfolio loans and leases at fair value	$ 141				$ 143
[1]	Includes $ 2 related to leveraged leases at March 31, 2017 .
[2]	Includes $ 2 related to leveraged leases at December 31, 2016 .
[3]	Includes $ 85 and $ 85 of cash and due from banks, $ 1,015 and $ 1,216 of portfolio loans and leases , $ (25) and $ (26) of ALLL, $ 7 and $ 9 of other assets, $ 2 and $ 3 of other liabilities , and $ 883 and $ 1,094 of long-term debt from consolidated VIEs that are included in their respective captions above at March 31, 2017 and December 31, 2016 , respectively. For further information refer to Note 10 .
[4]	Excludes $ 141 of residential mortgage loans measured at fair value, and includes $ 7 03 of leveraged leases, net of unearned income at March 31, 2017 .
[5]	Excludes $ 141 of residential mortgage loans measured at fair value at March 31, 2017 .
[6]	Excludes $ 143 of residential mortgage loans measured at fair value at December 31, 2016 .
[7]	Excludes $ 143 of residential mortgage loans measured at fair value, and includes $ 701 of leveraged leases, net of unearned income at December 31, 2016 .
[8]	Represents number of loans post-modification and excludes loans previously modified in a TDR .
[9]	Excludes all loans and leases held for sale and loans acquired with deteriorated credit quality which were accounted for within a pool .
[10]	Represents number of loans post-modification and excludes loans previously modified in a TDR .
[11]	Excludes all loans and leases held for sale and loans acquired with deteriorated credit quality which were accounted for within a pool .
[12]	Includes $ 277 , $ 642 and $ 308 , respectively, of commercial, residential mortgage and consumer portfolio TDRs on accrual status and $ 251 , $ 14 an d $ 46 , respectively, of commercial, residential mortgage and consumer portfolio TDRs on nonaccrual status at March 31, 2017 .
[13]	Includes $ 322 , $ 635 and $ 323 , respectively, of commercial, residential mortgage and consumer portfolio TDR s on accrual status and $ 192 , $ 17 and $ 48 , respectively , of commercial, residential mortgage and consumer portfolio TDRs on nonaccrual status at December 31, 2016 .

Credit Quality (Summary of th65

Credit Quality (Summary of the Credit Risk Profile of the Bancorp's Commercial Portfolio Segment by Class) (Detail) - USD ($) $ in Millions	Mar. 31, 2017		Dec. 31, 2016
Financing Receivable, Modifications
Total loans and leases	$ 91,487	[1],[2]	$ 91,955	[3],[4]
Commercial Portfolio Segment
Financing Receivable, Modifications
Total loans and leases	56,373		56,452
Commercial Portfolio Segment | Commercial and Industrial Loans
Financing Receivable, Modifications
Total loans and leases	41,074		41,676
Commercial Portfolio Segment | Commercial Mortgage Loans, Owner-occupied
Financing Receivable, Modifications
Total loans and leases	3,410		3,360
Commercial Portfolio Segment | Commercial Mortgage Loans, Nonowner-Occupied
Financing Receivable, Modifications
Total loans and leases	3,514		3,539
Commercial Portfolio Segment | Commercial Construction Loans
Financing Receivable, Modifications
Total loans and leases	4,283		3,903
Commercial Portfolio Segment | Commercial Leases
Financing Receivable, Modifications
Total loans and leases	4,092		3,974
Pass | Commercial Portfolio Segment
Financing Receivable, Modifications
Total loans and leases	53,087		53,274
Pass | Commercial Portfolio Segment | Commercial and Industrial Loans
Financing Receivable, Modifications
Total loans and leases	38,187		38,844
Pass | Commercial Portfolio Segment | Commercial Mortgage Loans, Owner-occupied
Financing Receivable, Modifications
Total loans and leases	3,226		3,168
Pass | Commercial Portfolio Segment | Commercial Mortgage Loans, Nonowner-Occupied
Financing Receivable, Modifications
Total loans and leases	3,429		3,466
Pass | Commercial Portfolio Segment | Commercial Construction Loans
Financing Receivable, Modifications
Total loans and leases	4,238		3,902
Pass | Commercial Portfolio Segment | Commercial Leases
Financing Receivable, Modifications
Total loans and leases	4,007		3,894
Special Mention | Commercial Portfolio Segment
Financing Receivable, Modifications
Total loans and leases	1,455		1,335
Special Mention | Commercial Portfolio Segment | Commercial and Industrial Loans
Financing Receivable, Modifications
Total loans and leases	1,255		1,204
Special Mention | Commercial Portfolio Segment | Commercial Mortgage Loans, Owner-occupied
Financing Receivable, Modifications
Total loans and leases	74		72
Special Mention | Commercial Portfolio Segment | Commercial Mortgage Loans, Nonowner-Occupied
Financing Receivable, Modifications
Total loans and leases	25		4
Special Mention | Commercial Portfolio Segment | Commercial Construction Loans
Financing Receivable, Modifications
Total loans and leases	45		1
Special Mention | Commercial Portfolio Segment | Commercial Leases
Financing Receivable, Modifications
Total loans and leases	56		54
Substandard | Commercial Portfolio Segment
Financing Receivable, Modifications
Total loans and leases	1,829		1,816
Substandard | Commercial Portfolio Segment | Commercial and Industrial Loans
Financing Receivable, Modifications
Total loans and leases	1,630		1,604
Substandard | Commercial Portfolio Segment | Commercial Mortgage Loans, Owner-occupied
Financing Receivable, Modifications
Total loans and leases	110		117
Substandard | Commercial Portfolio Segment | Commercial Mortgage Loans, Nonowner-Occupied
Financing Receivable, Modifications
Total loans and leases	60		69
Substandard | Commercial Portfolio Segment | Commercial Construction Loans
Financing Receivable, Modifications
Total loans and leases	0		0
Substandard | Commercial Portfolio Segment | Commercial Leases
Financing Receivable, Modifications
Total loans and leases	29		26
Doubtful | Commercial Portfolio Segment
Financing Receivable, Modifications
Total loans and leases	2		27
Doubtful | Commercial Portfolio Segment | Commercial and Industrial Loans
Financing Receivable, Modifications
Total loans and leases	2		24
Doubtful | Commercial Portfolio Segment | Commercial Mortgage Loans, Owner-occupied
Financing Receivable, Modifications
Total loans and leases	0		3
Doubtful | Commercial Portfolio Segment | Commercial Mortgage Loans, Nonowner-Occupied
Financing Receivable, Modifications
Total loans and leases	0		0
Doubtful | Commercial Portfolio Segment | Commercial Construction Loans
Financing Receivable, Modifications
Total loans and leases	0		0
Doubtful | Commercial Portfolio Segment | Commercial Leases
Financing Receivable, Modifications
Total loans and leases	$ 0		$ 0
[1]	Excludes $ 141 of residential mortgage loans measured at fair value, and includes $ 7 03 of leveraged leases, net of unearned income at March 31, 2017 .
[2]	Excludes $ 141 of residential mortgage loans measured at fair value at March 31, 2017 .
[3]	Excludes $ 143 of residential mortgage loans measured at fair value at December 31, 2016 .
[4]	Excludes $ 143 of residential mortgage loans measured at fair value, and includes $ 701 of leveraged leases, net of unearned income at December 31, 2016 .

Credit Quality (Summary of th66

Credit Quality (Summary of the Credit Risk Profile of the Bancorp's Residential Mortgage and Consumer Portfolio Segments by Class) (Detail) - USD ($) $ in Millions		Mar. 31, 2017		Dec. 31, 2016
Total loans and leases		$ 91,487	[1],[2]	$ 91,955	[3],[4]
Home Equity | Consumer Portfolio Segment
Total loans and leases		7,469		7,695
Automobile Loans | Consumer Portfolio Segment
Total loans and leases		9,572		9,983
Credit Card | Consumer Portfolio Segment
Total loans and leases		2,070		2,237
Other consumer loans and leases | Consumer Portfolio Segment
Total loans and leases		808		680
Performing Financing Receivable
Total loans and leases	[5]	34,980		35,366
Performing Financing Receivable | Residential Mortgage | Residential Mortgage Loans
Total loans and leases	[5]	15,160		14,874
Performing Financing Receivable | Home Equity | Consumer Portfolio Segment
Total loans and leases		7,399		7,622
Performing Financing Receivable | Automobile Loans | Consumer Portfolio Segment
Total loans and leases		9,570		9,981
Performing Financing Receivable | Credit Card | Consumer Portfolio Segment
Total loans and leases		2,043		2,209
Performing Financing Receivable | Other consumer loans and leases | Consumer Portfolio Segment
Total loans and leases		808		680
Nonperforming Financing Receivable
Total loans and leases	[5]	134		137
Nonperforming Financing Receivable | Residential Mortgage | Residential Mortgage Loans
Total loans and leases	[5]	35		34
Nonperforming Financing Receivable | Home Equity | Consumer Portfolio Segment
Total loans and leases		70		73
Nonperforming Financing Receivable | Automobile Loans | Consumer Portfolio Segment
Total loans and leases		2		2
Nonperforming Financing Receivable | Credit Card | Consumer Portfolio Segment
Total loans and leases		27		28
Nonperforming Financing Receivable | Other consumer loans and leases | Consumer Portfolio Segment
Total loans and leases		$ 0		$ 0
[1]	Excludes $ 141 of residential mortgage loans measured at fair value, and includes $ 7 03 of leveraged leases, net of unearned income at March 31, 2017 .
[2]	Excludes $ 141 of residential mortgage loans measured at fair value at March 31, 2017 .
[3]	Excludes $ 143 of residential mortgage loans measured at fair value at December 31, 2016 .
[4]	Excludes $ 143 of residential mortgage loans measured at fair value, and includes $ 701 of leveraged leases, net of unearned income at December 31, 2016 .
[5]	(a) Excludes $ 141 and $ 143 of loans measured at fair value at March 31, 2017 and December 31, 2016 , respectively.

Credit Quality (Summary of th67

Credit Quality (Summary of the Credit Risk Profile of the Bancorp's Residential Mortgage and Consumer Portfolio Segments by Class) (Parenthetical) (Detail) - USD ($) $ in Millions	Mar. 31, 2017	Dec. 31, 2016
Residential Mortgage Loans
Fair Value, Balance Sheet Grouping, Financial Statement Captions
Portfolio loans and leases at fair value	$ 141	$ 143

Credit Quality (Summarizes the

Credit Quality (Summarizes the Bancorp's Recorded Investment in Portfolio Loans and Leases by Age and Class) (Detail) - USD ($) $ in Millions	Mar. 31, 2017		Dec. 31, 2016
Financing Receivable, Recorded Investment, Past Due
Current Loans and Leases	$ 90,963	[1],[2]	$ 91,339	[3],[4]
Total Past Due	524	[2]	616	[4]
Total portfolio loans and leases	91,487	[2],[5]	91,955	[4],[6]
90-Days past Due and Still Accruing	75	[2]	84	[4]
30-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due
Total Past Due	229	[1],[2]	315	[3],[4]
90 Days and Greater Past Due
Financing Receivable, Recorded Investment, Past Due
Total Past Due	295	[1],[2]	301	[3],[4]
Commercial Portfolio Segment
Financing Receivable, Recorded Investment, Past Due
Total portfolio loans and leases	56,373		56,452
Commercial Portfolio Segment | Commercial and Industrial Loans
Financing Receivable, Recorded Investment, Past Due
Current Loans and Leases	40,930	[1]	41,495	[3]
Total Past Due	144		181
Total portfolio loans and leases	41,074		41,676
90-Days past Due and Still Accruing	3		4
Commercial Portfolio Segment | Commercial and Industrial Loans | 30-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due
Total Past Due	46	[1]	87	[3]
Commercial Portfolio Segment | Commercial and Industrial Loans | 90 Days and Greater Past Due
Financing Receivable, Recorded Investment, Past Due
Total Past Due	98	[1]	94	[3]
Commercial Portfolio Segment | Commercial Mortgage Loans, Owner-occupied
Financing Receivable, Recorded Investment, Past Due
Current Loans and Leases	3,388	[1]	3,332	[3]
Total Past Due	22		28
Total portfolio loans and leases	3,410		3,360
90-Days past Due and Still Accruing	0		0
Commercial Portfolio Segment | Commercial Mortgage Loans, Owner-occupied | 30-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due
Total Past Due	3	[1]	6	[3]
Commercial Portfolio Segment | Commercial Mortgage Loans, Owner-occupied | 90 Days and Greater Past Due
Financing Receivable, Recorded Investment, Past Due
Total Past Due	19	[1]	22	[3]
Commercial Portfolio Segment | Commercial Mortgage Loans, Nonowner-Occupied
Financing Receivable, Recorded Investment, Past Due
Current Loans and Leases	3,506	[1]	3,530	[3]
Total Past Due	8		9
Total portfolio loans and leases	3,514		3,539
90-Days past Due and Still Accruing	0		0
Commercial Portfolio Segment | Commercial Mortgage Loans, Nonowner-Occupied | 30-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due
Total Past Due	1	[1]	2	[3]
Commercial Portfolio Segment | Commercial Mortgage Loans, Nonowner-Occupied | 90 Days and Greater Past Due
Financing Receivable, Recorded Investment, Past Due
Total Past Due	7	[1]	7	[3]
Commercial Portfolio Segment | Commercial Construction Loans
Financing Receivable, Recorded Investment, Past Due
Current Loans and Leases	4,283	[1]	3,902	[3]
Total Past Due	0		1
Total portfolio loans and leases	4,283		3,903
90-Days past Due and Still Accruing	0		0
Commercial Portfolio Segment | Commercial Construction Loans | 30-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due
Total Past Due	0	[1]	1	[3]
Commercial Portfolio Segment | Commercial Construction Loans | 90 Days and Greater Past Due
Financing Receivable, Recorded Investment, Past Due
Total Past Due	0	[1]	0	[3]
Commercial Portfolio Segment | Commercial Leases
Financing Receivable, Recorded Investment, Past Due
Current Loans and Leases	4,090	[1]	3,972	[3]
Total Past Due	2		2
Total portfolio loans and leases	4,092		3,974
90-Days past Due and Still Accruing	0		0
Commercial Portfolio Segment | Commercial Leases | 30-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due
Total Past Due	0	[1]	0	[3]
Commercial Portfolio Segment | Commercial Leases | 90 Days and Greater Past Due
Financing Receivable, Recorded Investment, Past Due
Total Past Due	2	[1]	2	[3]
Residential Mortgage
Financing Receivable, Recorded Investment, Past Due
Current Loans and Leases	15,087	[1],[2],[7]	14,790	[3],[4],[8]
Total Past Due	108	[2],[7]	118	[4],[8]
Total portfolio loans and leases	15,195	[2],[7]	14,908	[4],[8]
90-Days past Due and Still Accruing	45	[2],[7]	49	[4],[8]
Residential Mortgage | 30-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due
Total Past Due	27	[1],[2],[7]	37	[3],[4],[8]
Residential Mortgage | 90 Days and Greater Past Due
Financing Receivable, Recorded Investment, Past Due
Total Past Due	81	[1],[2],[7]	81	[3],[4],[8]
Consumer Portfolio Segment | Home Equity
Financing Receivable, Recorded Investment, Past Due
Current Loans and Leases	7,351	[1]	7,570	[3]
Total Past Due	118		125
Total portfolio loans and leases	7,469		7,695
90-Days past Due and Still Accruing	0		0
Consumer Portfolio Segment | Home Equity | 30-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due
Total Past Due	64	[1]	68	[3]
Consumer Portfolio Segment | Home Equity | 90 Days and Greater Past Due
Financing Receivable, Recorded Investment, Past Due
Total Past Due	54	[1]	57	[3]
Consumer Portfolio Segment | Automobile Loans
Financing Receivable, Recorded Investment, Past Due
Current Loans and Leases	9,503	[1]	9,886	[3]
Total Past Due	69		97
Total portfolio loans and leases	9,572		9,983
90-Days past Due and Still Accruing	6		9
Consumer Portfolio Segment | Automobile Loans | 30-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due
Total Past Due	60	[1]	85	[3]
Consumer Portfolio Segment | Automobile Loans | 90 Days and Greater Past Due
Financing Receivable, Recorded Investment, Past Due
Total Past Due	9	[1]	12	[3]
Consumer Portfolio Segment | Credit Card
Financing Receivable, Recorded Investment, Past Due
Current Loans and Leases	2,018	[1]	2,183	[3]
Total Past Due	52		54
Total portfolio loans and leases	2,070		2,237
90-Days past Due and Still Accruing	21		22
Consumer Portfolio Segment | Credit Card | 30-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due
Total Past Due	27	[1]	28	[3]
Consumer Portfolio Segment | Credit Card | 90 Days and Greater Past Due
Financing Receivable, Recorded Investment, Past Due
Total Past Due	25	[1]	26	[3]
Consumer Portfolio Segment | Other Consumer Loans and Leases
Financing Receivable, Recorded Investment, Past Due
Current Loans and Leases	807	[1]	679	[3]
Total Past Due	1		1
Total portfolio loans and leases	808		680
90-Days past Due and Still Accruing	0		0
Consumer Portfolio Segment | Other Consumer Loans and Leases | 30-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due
Total Past Due	1	[1]	1	[3]
Consumer Portfolio Segment | Other Consumer Loans and Leases | 90 Days and Greater Past Due
Financing Receivable, Recorded Investment, Past Due
Total Past Due	$ 0	[1]	$ 0	[3]
[1]	Includes accrual and nonaccrual loans and leases.
[2]	Excludes $ 141 of residential mortgage loans measured at fair value at March 31, 2017 .
[3]	Includes accrual and nonaccrual loans and leases.
[4]	Excludes $ 143 of residential mortgage loans measured at fair value at December 31, 2016 .
[5]	Excludes $ 141 of residential mortgage loans measured at fair value, and includes $ 7 03 of leveraged leases, net of unearned income at March 31, 2017 .
[6]	Excludes $ 143 of residential mortgage loans measured at fair value, and includes $ 701 of leveraged leases, net of unearned income at December 31, 2016 .
[7]	Information includes advances made pursuant to servicing agreements for GNMA mortgage pools whose repayments are insured by the FHA or guaranteed by the VA. As of March 31, 2017 , $ 77 of these loans were 30-89 days past due and $ 302 were 90 days or more past due. The Bancorp recognized $ 2 of losses during the three months ended March 31, 2017 due to claim denials and curtailments associated with these insured or guaranteed loans.
[8]	Information includes advances made pursuant to servicing agreements for GNMA mortgage pools whose repayments are insured by the FHA or guaranteed by the VA . As of December 31 , 2016 , $ 110 of these loa ns were 30-89 days past due and $ 312 were 90 days or more past due. The Bancorp recognized $ 2 o f losses during the three months ended March 31, 2016 due to claim denials and cu rtailments associated with these insured or guaranteed loans .

Credit Quality (Summarizes th69

Credit Quality (Summarizes the Bancorp's Recorded Investment in Portfolio Loans and Leases by Age and Class) (Parenthetical) (Detail) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2017		Mar. 31, 2016	Dec. 31, 2016
Financing Receivable, Recorded Investment, Past Due
Total Past Due	$ 524	[1]		$ 616	[2]
30-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due
Total Past Due	229	[1],[3]		315	[2],[4]
90 Days and Greater Past Due
Financing Receivable, Recorded Investment, Past Due
Total Past Due	295	[1],[3]		301	[2],[4]
Residential Mortgage Loans
Financing Receivable, Recorded Investment, Past Due
Portfolio loans and leases at fair value	141			143
Residential Mortgage Loans | Federal Housing Administration Loan
Financing Receivable, Recorded Investment, Past Due
Losses Due To Claim Denials And Curtailments	2		$ 2
Residential Mortgage Loans | Federal Housing Administration Loan | 30-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due
Total Past Due	77			110
Residential Mortgage Loans | Federal Housing Administration Loan | 90 Days and Greater Past Due
Financing Receivable, Recorded Investment, Past Due
Total Past Due	$ 302			$ 312
[1]	Excludes $ 141 of residential mortgage loans measured at fair value at March 31, 2017 .
[2]	Excludes $ 143 of residential mortgage loans measured at fair value at December 31, 2016 .
[3]	Includes accrual and nonaccrual loans and leases.
[4]	Includes accrual and nonaccrual loans and leases.

Credit Quality (Summarizes th70

Credit Quality (Summarizes the Bancorp's Recorded Investment in Impaired Loans and Related Allowance by Class) (Detail) - USD ($) $ in Millions	Mar. 31, 2017		Dec. 31, 2016
Impaired Financing Receivable Unpaid Principal Balance
Impaired Financing Receivable With Related Allowance Unpaid Principal Balance	$ 1,208		$ 1,210
Impaired Financing Receivable With No Related Allowance Unpaid Principal Balance	684		842
Unpaid Principal Balance	1,892		2,052
Impaired Financing Receivable Recorded Investment Abstract
Impaired Financing Receivable With Related Allowance Recorded Investment	1,139		1,168
Impaired Financing Receivable With No Related Allowance Recorded Investment	631		733
Recorded investment	1,770	[1]	1,901	[2]
Allowance	205		212
Commercial Portfolio Segment | Commercial and Industrial Loans
Impaired Financing Receivable Unpaid Principal Balance
Impaired Financing Receivable With Related Allowance Unpaid Principal Balance	449		440
Impaired Financing Receivable With No Related Allowance Unpaid Principal Balance	264		394
Impaired Financing Receivable Recorded Investment Abstract
Impaired Financing Receivable With Related Allowance Recorded Investment	392		414
Impaired Financing Receivable With No Related Allowance Recorded Investment	242		320
Allowance	86		94
Commercial Portfolio Segment | Commercial Mortgage Loans, Owner-occupied
Impaired Financing Receivable Unpaid Principal Balance
Impaired Financing Receivable With Related Allowance Unpaid Principal Balance	19	[3]	24	[4]
Impaired Financing Receivable With No Related Allowance Unpaid Principal Balance	28		36
Impaired Financing Receivable Recorded Investment Abstract
Impaired Financing Receivable With Related Allowance Recorded Investment	13	[3]	16	[4]
Impaired Financing Receivable With No Related Allowance Recorded Investment	22		35
Allowance	3	[3]	5	[4]
Commercial Portfolio Segment | Commercial Mortgage Loans, Nonowner-Occupied
Impaired Financing Receivable Unpaid Principal Balance
Impaired Financing Receivable With Related Allowance Unpaid Principal Balance	16		7
Impaired Financing Receivable With No Related Allowance Unpaid Principal Balance	74		93
Impaired Financing Receivable Recorded Investment Abstract
Impaired Financing Receivable With Related Allowance Recorded Investment	15		6
Impaired Financing Receivable With No Related Allowance Recorded Investment	74		83
Allowance	6		1
Commercial Portfolio Segment | Commercial Leases
Impaired Financing Receivable Unpaid Principal Balance
Impaired Financing Receivable With Related Allowance Unpaid Principal Balance			2
Impaired Financing Receivable With No Related Allowance Unpaid Principal Balance	2		2
Impaired Financing Receivable Recorded Investment Abstract
Impaired Financing Receivable With Related Allowance Recorded Investment			2
Impaired Financing Receivable With No Related Allowance Recorded Investment	2		2
Residential Mortgage Loans
Impaired Financing Receivable Unpaid Principal Balance
Impaired Financing Receivable With Related Allowance Unpaid Principal Balance	472		471
Impaired Financing Receivable With No Related Allowance Unpaid Principal Balance	209		207
Impaired Financing Receivable Recorded Investment Abstract
Impaired Financing Receivable With Related Allowance Recorded Investment	468		465
Impaired Financing Receivable With No Related Allowance Recorded Investment	188		187
Allowance	68		68
Consumer Portfolio Segment | Home Equity
Impaired Financing Receivable Unpaid Principal Balance
Impaired Financing Receivable With Related Allowance Unpaid Principal Balance	192		202
Impaired Financing Receivable With No Related Allowance Unpaid Principal Balance	104		107
Impaired Financing Receivable Recorded Investment Abstract
Impaired Financing Receivable With Related Allowance Recorded Investment	191		201
Impaired Financing Receivable With No Related Allowance Recorded Investment	101		104
Allowance	29		30
Consumer Portfolio Segment | Automobile Loans
Impaired Financing Receivable Unpaid Principal Balance
Impaired Financing Receivable With Related Allowance Unpaid Principal Balance	11		12
Impaired Financing Receivable With No Related Allowance Unpaid Principal Balance	3		3
Impaired Financing Receivable Recorded Investment Abstract
Impaired Financing Receivable With Related Allowance Recorded Investment	11		12
Impaired Financing Receivable With No Related Allowance Recorded Investment	2		2
Allowance	1		2
Consumer Portfolio Segment | Credit Card
Impaired Financing Receivable Unpaid Principal Balance
Impaired Financing Receivable With Related Allowance Unpaid Principal Balance	49		52
Impaired Financing Receivable Recorded Investment Abstract
Impaired Financing Receivable With Related Allowance Recorded Investment	49		52
Allowance	$ 12		$ 12
[1]	Includes $ 277 , $ 642 and $ 308 , respectively, of commercial, residential mortgage and consumer portfolio TDRs on accrual status and $ 251 , $ 14 an d $ 46 , respectively, of commercial, residential mortgage and consumer portfolio TDRs on nonaccrual status at March 31, 2017 .
[2]	Includes $ 322 , $ 635 and $ 323 , respectively, of commercial, residential mortgage and consumer portfolio TDR s on accrual status and $ 192 , $ 17 and $ 48 , respectively , of commercial, residential mortgage and consumer portfolio TDRs on nonaccrual status at December 31, 2016 .
[3]	Excludes five restructured loans at March 31, 2017 associated with a consolidated VIE in which the Bancorp has no continuing credit risk due to the risk being assumed by a third party, with an unpaid principal balance of $ 26 , a recorded investment of $ 26 and an ALLL of $ 18 .
[4]	Excludes five restructured loans at December 31, 2016 associated with a consolidated VIE in which the Bancorp has no continuing credit risk due to the risk being assumed by a third party, with an unpaid principal balance of $ 26 , a recorded investment of $ 26 and an ALLL of $ 18 .

Credit Quality (Summarizes th71

Credit Quality (Summarizes the Bancorp's Recorded Investment in Impaired Loans and Related Allowance by Class) (Parenthetical) (Detail) $ in Millions	3 Months Ended				12 Months Ended
	Mar. 31, 2017USD ($)		Mar. 31, 2016USD ($)		Dec. 31, 2016USD ($)
Financing Receivable, Impaired
Unpaid principal balance	$ 1,892				$ 2,052
Recorded investment	1,770	[1]			1,901	[2]
Allowance	$ 205				212
Number of contracts	2,059	[3],[4]	3,010	[5],[6]
Commercial Portfolio Segment | Commercial and Industrial Loans
Financing Receivable, Impaired
Allowance	$ 86				94
Number of contracts	33	[3],[4]	24	[5],[6]
Commercial Portfolio Segment | Commercial Mortgage Loans, Owner-occupied
Financing Receivable, Impaired
Allowance	$ 3	[7]			5	[8]
Number of contracts	5	[3],[4]	7	[5],[6]
Commercial Portfolio Segment | Commercial Mortgage Loans, Owner-occupied | Variable Interest Entity, Primary Beneficiary
Financing Receivable, Impaired
Unpaid principal balance	$ 26				26
Recorded investment	26				26
Allowance	$ 18				$ 18
Number of contracts	5		5		5
Commercial Portfolio Segment | Commercial Mortgage Loans, Nonowner-Occupied
Financing Receivable, Impaired
Allowance	$ 6				$ 1
Number of contracts	1	[3],[4]	2	[5],[6]
Commercial Portfolio Segment | Troubled Debt Restructuring On Accrual Status
Financing Receivable, Impaired
Recorded investment	$ 277				322
Commercial Portfolio Segment | Troubled Debt Restructuring On Nonaccrual Status
Financing Receivable, Impaired
Recorded investment	251				192
Residential Mortgage Loans
Financing Receivable, Impaired
Allowance	$ 68				68
Number of contracts	203	[3],[4]	243	[5],[6]
Residential Mortgage Loans | Troubled Debt Restructuring On Accrual Status
Financing Receivable, Impaired
Recorded investment	$ 642				635
Residential Mortgage Loans | Troubled Debt Restructuring On Nonaccrual Status
Financing Receivable, Impaired
Recorded investment	14				17
Consumer Portfolio Segment | Troubled Debt Restructuring On Accrual Status
Financing Receivable, Impaired
Recorded investment	308				323
Consumer Portfolio Segment | Troubled Debt Restructuring On Nonaccrual Status
Financing Receivable, Impaired
Recorded investment	$ 46				$ 48
[1]	Includes $ 277 , $ 642 and $ 308 , respectively, of commercial, residential mortgage and consumer portfolio TDRs on accrual status and $ 251 , $ 14 an d $ 46 , respectively, of commercial, residential mortgage and consumer portfolio TDRs on nonaccrual status at March 31, 2017 .
[2]	Includes $ 322 , $ 635 and $ 323 , respectively, of commercial, residential mortgage and consumer portfolio TDR s on accrual status and $ 192 , $ 17 and $ 48 , respectively , of commercial, residential mortgage and consumer portfolio TDRs on nonaccrual status at December 31, 2016 .
[3]	Represents number of loans post-modification and excludes loans previously modified in a TDR .
[4]	Excludes all loans and leases held for sale and loans acquired with deteriorated credit quality which were accounted for within a pool .
[5]	Represents number of loans post-modification and excludes loans previously modified in a TDR .
[6]	Excludes all loans and leases held for sale and loans acquired with deteriorated credit quality which were accounted for within a pool .
[7]	Excludes five restructured loans at March 31, 2017 associated with a consolidated VIE in which the Bancorp has no continuing credit risk due to the risk being assumed by a third party, with an unpaid principal balance of $ 26 , a recorded investment of $ 26 and an ALLL of $ 18 .
[8]	Excludes five restructured loans at December 31, 2016 associated with a consolidated VIE in which the Bancorp has no continuing credit risk due to the risk being assumed by a third party, with an unpaid principal balance of $ 26 , a recorded investment of $ 26 and an ALLL of $ 18 .

Credit Quality (Summary of Aver

Credit Quality (Summary of Average Impaired Loans and Leases and Interest Income by Class) (Detail) - USD ($) $ in Millions		3 Months Ended
		Mar. 31, 2017	Mar. 31, 2016
Financing Receivable, Impaired
Average Recorded Investment		$ 1,835	$ 1,954
Interest Income Recognized		12	13
Commercial Portfolio Segment | Commercial and Industrial Loans
Financing Receivable, Impaired
Average Recorded Investment		683	645
Interest Income Recognized		1	2
Commercial Portfolio Segment | Commercial Mortgage Loans, Owner-occupied
Financing Receivable, Impaired
Average Recorded Investment	[1]	43	71
Interest Income Recognized	[1]	0	0
Commercial Portfolio Segment | Commercial Mortgage Loans, Nonowner-Occupied
Financing Receivable, Impaired
Average Recorded Investment		89	165
Interest Income Recognized		1	1
Commercial Portfolio Segment | Commercial Construction Loans
Financing Receivable, Impaired
Average Recorded Investment		0	7
Interest Income Recognized		0	0
Commercial Portfolio Segment | Commercial Leases
Financing Receivable, Impaired
Average Recorded Investment		3	5
Interest Income Recognized		0	0
Residential Mortgage Loans
Financing Receivable, Impaired
Average Recorded Investment		654	642
Interest Income Recognized		6	6
Consumer Portfolio Segment | Home Equity
Financing Receivable, Impaired
Average Recorded Investment		298	340
Interest Income Recognized		3	3
Consumer Portfolio Segment | Automobile Loans
Financing Receivable, Impaired
Average Recorded Investment		14	19
Interest Income Recognized		0	0
Consumer Portfolio Segment | Credit Card
Financing Receivable, Impaired
Average Recorded Investment		51	60
Interest Income Recognized		$ 1	$ 1
[1]	(a) Excludes five restructured loans associated with a consolidated VIE in which the Bancorp has no continuing credit risk due to the risk being assumed by a third party, with an average recorded investment of $ 2 6 and $ 27 at March 31, 2017 and March 31, 2016 , respectively, and an immaterial amount of interest income recognized for the both the three months ended March 31, 2017 and March 31, 2016 .

Credit Quality (Summary of Av73

Credit Quality (Summary of Average Impaired Loans and Leases and Interest Income by Class) (Parenthetical) (Detail) $ in Millions		3 Months Ended				12 Months Ended
		Mar. 31, 2017USD ($)		Mar. 31, 2016USD ($)		Dec. 31, 2016
Financing Receivable, Impaired
Average Recorded Investment		$ 1,835		$ 1,954
Number of contracts		2,059	[1],[2]	3,010	[3],[4]
Commercial Portfolio Segment | Commercial Mortgage Loans, Owner-occupied
Financing Receivable, Impaired
Average Recorded Investment	[5]	$ 43		$ 71
Number of contracts		5	[1],[2]	7	[3],[4]
Commercial Portfolio Segment | Commercial Mortgage Loans, Owner-occupied | Variable Interest Entity, Primary Beneficiary
Financing Receivable, Impaired
Average Recorded Investment		$ 26		$ 27
Number of contracts		5		5		5
[1]	Represents number of loans post-modification and excludes loans previously modified in a TDR .
[2]	Excludes all loans and leases held for sale and loans acquired with deteriorated credit quality which were accounted for within a pool .
[3]	Represents number of loans post-modification and excludes loans previously modified in a TDR .
[4]	Excludes all loans and leases held for sale and loans acquired with deteriorated credit quality which were accounted for within a pool .
[5]	(a) Excludes five restructured loans associated with a consolidated VIE in which the Bancorp has no continuing credit risk due to the risk being assumed by a third party, with an average recorded investment of $ 2 6 and $ 27 at March 31, 2017 and March 31, 2016 , respectively, and an immaterial amount of interest income recognized for the both the three months ended March 31, 2017 and March 31, 2016 .

Credit Quality (Summary of th74

Credit Quality (Summary of the Bancorp's Nonperforming Loans and Leases by Class) (Detail) - USD ($) $ in Millions		Mar. 31, 2017	Dec. 31, 2016
Financing Receivable, Modifications
Nonaccrual portfolio loans and leases	[1],[2]	$ 657	$ 660
OREO and other repossessed property		64	78
Nonperforming portfolio assets	[1],[2]	721	738
Commercial Portfolio Segment
Financing Receivable, Modifications
Nonaccrual portfolio loans and leases		523	523
Commercial Portfolio Segment | Commercial and Industrial Loans
Financing Receivable, Modifications
Nonaccrual portfolio loans and leases		484	478
Commercial Portfolio Segment | Commercial Mortgage Loans, Owner-occupied
Financing Receivable, Modifications
Nonaccrual portfolio loans and leases	[3]	28	32
Commercial Portfolio Segment | Commercial Mortgage Loans, Nonowner-Occupied
Financing Receivable, Modifications
Nonaccrual portfolio loans and leases		9	9
Commercial Portfolio Segment | Commercial Leases
Financing Receivable, Modifications
Nonaccrual portfolio loans and leases		2	4
Residential Mortgage Loans
Financing Receivable, Modifications
Nonaccrual portfolio loans and leases		35	34
Consumer Portfolio Segment
Financing Receivable, Modifications
Nonaccrual portfolio loans and leases		99	103
Consumer Portfolio Segment | Home Equity
Financing Receivable, Modifications
Nonaccrual portfolio loans and leases		70	73
Consumer Portfolio Segment | Automobile Loans
Financing Receivable, Modifications
Nonaccrual portfolio loans and leases		2	2
Consumer Portfolio Segment | Credit Card
Financing Receivable, Modifications
Nonaccrual portfolio loans and leases		$ 27	$ 28
[1]	Excludes $ 9 and $ 1 3 of nonaccrual loans held for sale at March 31, 2017 and December 31, 2016 , respectively.
[2]	Includes $ 4 of nonaccrual government insured commercial loans whose repayments are insured by the SBA at both March 31, 2017 and Dec ember 31, 2016 and an immaterial amount and $ 1 of restructured nonaccrual government insured commercial loans at March 31, 2017 and December 31, 2016 , respectively .
[3]	Excludes $ 19 of restructured nonaccrual loans at both March 31, 2017 and December 31, 2016 associated with a consolidated VIE in which the Bancorp has no continuing credit risk due to the risk being assumed by a third party.

Credit Quality (Summary of th75

Credit Quality (Summary of the Bancorp's Nonperforming Loans and Leases by Class) (Parenthetical) (Detail) - USD ($) $ in Millions		Mar. 31, 2017		Dec. 31, 2016
Financing Receivable, Modifications
Loans held for sale	[1]	$ 616		$ 751
OREO and other repossessed property		64		78
Portfolio loans and leases		91,487	[2],[3]	91,955	[4],[5]
Commercial Portfolio Segment
Financing Receivable, Modifications
Portfolio loans and leases		56,373		56,452
Commercial Portfolio Segment | Commercial Mortgage Loans, Owner-occupied
Financing Receivable, Modifications
Portfolio loans and leases		3,410		3,360
Commercial Portfolio Segment | Commercial Mortgage Loans, Owner-occupied | Variable Interest Entity, Primary Beneficiary
Financing Receivable, Modifications
Restructured nonaccrual loans and leases		19		19
Nonperforming Financing Receivable
Financing Receivable, Modifications
Loans held for sale		9		13
Portfolio loans and leases	[6]	134		137
Nonperforming Financing Receivable | Government Insured | Commercial Portfolio Segment
Financing Receivable, Modifications
Restructured nonaccrual loans and leases				1
Nonperforming Financing Receivable | Government Insured | Commercial Portfolio Segment | Small Business Administration
Financing Receivable, Modifications
Portfolio loans and leases		$ 4		$ 4
[1]	Includes $ 606 and $ 686 of residential mortgage loans held for sale measured at fair value at March 31, 2017 and December 31, 2016 , respectively.
[2]	Excludes $ 141 of residential mortgage loans measured at fair value, and includes $ 7 03 of leveraged leases, net of unearned income at March 31, 2017 .
[3]	Excludes $ 141 of residential mortgage loans measured at fair value at March 31, 2017 .
[4]	Excludes $ 143 of residential mortgage loans measured at fair value at December 31, 2016 .
[5]	Excludes $ 143 of residential mortgage loans measured at fair value, and includes $ 701 of leveraged leases, net of unearned income at December 31, 2016 .
[6]	(a) Excludes $ 141 and $ 143 of loans measured at fair value at March 31, 2017 and December 31, 2016 , respectively.

Credit Quality (Credit Quality

Credit Quality (Credit Quality Additional Information) (Detail) - USD ($) $ in Millions	Mar. 31, 2017	Dec. 31, 2016
Troubled Debt Restructuring
Line of credit commitments for modified troubled debt restructurings	$ 115	$ 82
Letter of credit commitments for modified troubled debt restructurings	56	57
Mortgage loans in process of foreclosure amount	273	$ 260
Commercial aggregate borrower relationship subject to individual review for impairment	$ 1

Credit Quality (Summary of Loan

Credit Quality (Summary of Loans Modified in a TDR) (Detail) $ in Millions	3 Months Ended
	Mar. 31, 2017USD ($)	[2]	Mar. 31, 2016USD ($)	[4]
Financing Receivable, Modifications
Number of Loans Modified in a TDR During the Period	2,059	[1]	3,010	[3]
Recorded Investment in Loans Modified in a TDR During the Period	$ 137		$ 116
Increase (Decrease) to ALLL Upon Modification	4		0
Charge-offs Recognized Upon Modification	$ 2		$ 1
Commercial Portfolio Segment | Commercial and Industrial Loans
Financing Receivable, Modifications
Number of Loans Modified in a TDR During the Period	33	[1]	24	[3]
Recorded Investment in Loans Modified in a TDR During the Period	$ 97		$ 56
Increase (Decrease) to ALLL Upon Modification	1		(2)
Charge-offs Recognized Upon Modification	$ 2		$ 0
Commercial Portfolio Segment | Commercial Mortgage Loans, Owner-occupied
Financing Receivable, Modifications
Number of Loans Modified in a TDR During the Period	5	[1]	7	[3]
Recorded Investment in Loans Modified in a TDR During the Period	$ 2		$ 6
Increase (Decrease) to ALLL Upon Modification	0		(2)
Charge-offs Recognized Upon Modification	$ 0		$ 0
Commercial Portfolio Segment | Commercial Mortgage Loans, Nonowner-Occupied
Financing Receivable, Modifications
Number of Loans Modified in a TDR During the Period	1	[1]	2	[3]
Recorded Investment in Loans Modified in a TDR During the Period	$ 0		$ 0
Increase (Decrease) to ALLL Upon Modification	0		0
Charge-offs Recognized Upon Modification	$ 0		$ 0
Residential Mortgage Loans
Financing Receivable, Modifications
Number of Loans Modified in a TDR During the Period	203	[1]	243	[3]
Recorded Investment in Loans Modified in a TDR During the Period	$ 29		$ 36
Increase (Decrease) to ALLL Upon Modification	2		2
Charge-offs Recognized Upon Modification	$ 0		$ 0
Consumer Portfolio Segment | Home Equity
Financing Receivable, Modifications
Number of Loans Modified in a TDR During the Period	31	[1]	64	[3]
Recorded Investment in Loans Modified in a TDR During the Period	$ 2		$ 5
Increase (Decrease) to ALLL Upon Modification	0		0
Charge-offs Recognized Upon Modification	$ 0		$ 0
Consumer Portfolio Segment | Automobile Loans
Financing Receivable, Modifications
Number of Loans Modified in a TDR During the Period	30	[1]	78	[3]
Recorded Investment in Loans Modified in a TDR During the Period	$ 0		$ 1
Increase (Decrease) to ALLL Upon Modification	0		0
Charge-offs Recognized Upon Modification	$ 0		$ 0
Consumer Portfolio Segment | Credit Card
Financing Receivable, Modifications
Number of Loans Modified in a TDR During the Period	1,756	[1]	2,592	[3]
Recorded Investment in Loans Modified in a TDR During the Period	$ 7		$ 12
Increase (Decrease) to ALLL Upon Modification	1		2
Charge-offs Recognized Upon Modification	$ 0		$ 1
[1]	Represents number of loans post-modification and excludes loans previously modified in a TDR .
[2]	Excludes all loans and leases held for sale and loans acquired with deteriorated credit quality which were accounted for within a pool .
[3]	Represents number of loans post-modification and excludes loans previously modified in a TDR .
[4]	Excludes all loans and leases held for sale and loans acquired with deteriorated credit quality which were accounted for within a pool .

Credit Quality (Summary of Subs

Credit Quality (Summary of Subsequent Defaults) (Detail) $ in Millions		3 Months Ended
		Mar. 31, 2017USD ($)	Mar. 31, 2016USD ($)
Financing Receivable, Modifications
Number of contracts	[1]	514	484
Recorded Investment in Loans Modified in a TDR During the Period	[1]	$ 13	$ 10
Commercial Portfolio Segment | Commercial and Industrial Loans
Financing Receivable, Modifications
Number of contracts	[1]	2	1
Recorded Investment in Loans Modified in a TDR During the Period	[1]	$ 1	$ 0
Commercial Portfolio Segment | Commercial Mortgage Loans, Nonowner-Occupied
Financing Receivable, Modifications
Number of contracts	[1]		1
Recorded Investment in Loans Modified in a TDR During the Period	[1]		$ 0
Residential Mortgage Loans
Financing Receivable, Modifications
Number of contracts	[1]	57	53
Recorded Investment in Loans Modified in a TDR During the Period	[1]	$ 9	$ 7
Consumer Portfolio Segment | Home Equity
Financing Receivable, Modifications
Number of contracts	[1]	5	6
Recorded Investment in Loans Modified in a TDR During the Period	[1]	$ 1	$ 1
Consumer Portfolio Segment | Credit Card
Financing Receivable, Modifications
Number of contracts	[1]	450	423
Recorded Investment in Loans Modified in a TDR During the Period	[1]	$ 2	$ 2
[1]	(a) Excludes all loans and leases held for sale and loans acquired with deteriorated credit quality.

Bank Premises & Equipment (Bank

Bank Premises & Equipment (Bank Premises and Equipment) (Detail) - USD ($) $ in Millions		Mar. 31, 2017	Dec. 31, 2016
Bank Premises and Equipment
Land and improvements	[1]	$ 649	$ 663
Buildings	[1]	1,667	1,672
Equipment		1,773	1,761
Leasehold improvements		392	398
Construction in progress	[1]	109	99
Land and improvements held for sale		33	29
Buildings held for sale		16	9
Equipment held for sale		2	1
Accumulated depreciation and amortization		(2,589)	(2,567)
Total bank premises and equipment	[2]	$ 2,052	$ 2,065
[1]	(a ) At both March 31, 2017 and December 31, 2016 , land and improvements , buildings and construction in progress i ncluded $ 92 associated w ith parcels of undeveloped land intended for future branch expansion.
[2]	Includes $ 51 and $ 39 of bank premises and equipment held for sale at March 31, 2017 and December 31, 2016 , respectively. For further information refer to Note 7.

Bank Premises & Equipment (Ba80

Bank Premises & Equipment (Bank Premises and Equipment) (Parenthetical) (Detail) - USD ($) $ in Millions		Mar. 31, 2017	Dec. 31, 2016
Bank Premises and Equipment
Land and improvements	[1]	$ 649	$ 663
Branches and undeveloped parcels of land
Bank Premises and Equipment
Land and improvements		$ 92	$ 92
[1]	(a ) At both March 31, 2017 and December 31, 2016 , land and improvements , buildings and construction in progress i ncluded $ 92 associated w ith parcels of undeveloped land intended for future branch expansion.

Bank Premises & Equipment (Ba81

Bank Premises & Equipment (Bank Premises and Equipment - Additional Information) (Detail) $ in Millions		3 Months Ended
		Mar. 31, 2017USD ($)	Sep. 30, 2016	Mar. 31, 2016USD ($)		Dec. 31, 2016USD ($)
Bank Premises and Equipment
Gain on Branch Consolidation and Sales Plan		$ 0		$ 8	[1]
Land and improvements held for sale		33				$ 29
Buildings held for sale		16				9
Equipment Held For Sale		2				1
Land and improvements	[2]	649				663
Buildings	[2]	1,667				1,672
Equipment		1,773				1,761
Branch Banking
Bank Premises and Equipment
Bank premises impairment		$ 3		$ 2
Disposal group classified as held for sale
Bank Premises and Equipment
Operating Branch Locations		43
Parcels Of Undeveloped Land		33
Disposal group classified as held for sale | September 13 2016 Announcement
Bank Premises and Equipment
Parcels Of Undeveloped Land			5
Branches and undeveloped parcels of land
Bank Premises and Equipment
Land and improvements		$ 92				$ 92
Branches and undeveloped parcels of land | September 13 2016 Announcement
Bank Premises and Equipment
Operating Branch Locations			44
Branch Consolidation and Sales Plan | Disposal group classified as held for sale | Bank Premises And Equipment | September 13 2016 Announcement
Bank Premises and Equipment
Land and improvements held for sale		33
Buildings held for sale		16
Equipment Held For Sale		2
Land and improvements		36
Buildings		16
Equipment		$ 2
[1]	A net tax deficiency of $ 1 million was reclassified from capital surplus to applicable income tax expense at March 31, 2016, related to the early adoption of ASU 2016-09 during the fourth quarter of 2016, with an effective date of January 1, 2016.
[2]	(a ) At both March 31, 2017 and December 31, 2016 , land and improvements , buildings and construction in progress i ncluded $ 92 associated w ith parcels of undeveloped land intended for future branch expansion.

Operating Lease Equipment (Addi

Operating Lease Equipment (Additional Information) (Detail) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	[1]
Operating Lease Equipment
Other Asset Impairment Charges	$ (20)	$ 0
Operating lease equipment | Commercial Banking
Operating Lease Equipment
Other Asset Impairment Charges	$ 31
[1]	A net tax deficiency of $ 1 million was reclassified from capital surplus to applicable income tax expense at March 31, 2016, related to the early adoption of ASU 2016-09 during the fourth quarter of 2016, with an effective date of January 1, 2016.

Intangible Assets (Intangible A

Intangible Assets (Intangible Assets) (Detail) - USD ($) $ in Millions	Mar. 31, 2017	Dec. 31, 2016
Finite-Lived Intangible Assets
Gross Carrying Amount	$ 52	$ 49
Accumulated Amortization	(41)	(40)
Net Carrying Amount	11	9
Core Deposits
Finite-Lived Intangible Assets
Gross Carrying Amount	34	34
Accumulated Amortization	(28)	(27)
Net Carrying Amount	6	7
Other Intangible Assets
Finite-Lived Intangible Assets
Gross Carrying Amount	18	15
Accumulated Amortization	(13)	(13)
Net Carrying Amount	$ 5	$ 2

Intangible Assets (Estimated Am

Intangible Assets (Estimated Amortization Expense Other Intangible Assets) (Detail) - Other Intangible Assets $ in Millions	Mar. 31, 2017USD ($)
Finite-Lived Intangible Assets
Remainder of 2017	$ 1
2,018	2
2,019	2
2,020	1
2,021	$ 1

VIE (Classifications of Consoli

VIE (Classifications of Consolidated VIE Assets, Liabilities and Noncontrolling Interest Included in the Bancorp's Consolidated Balance Sheets) (Detail) - USD ($) $ in Millions		Mar. 31, 2017		Dec. 31, 2016		Mar. 31, 2016	Dec. 31, 2015
Assets
Cash and due from banks		$ 2,205	[1]	$ 2,392	[1]	$ 2,298	$ 2,540
Commercial mortgage loans		6,924		6,899
Automobile loans		9,572		9,983
ALLL		(1,238)	[2]	(1,253)	[1],[3]	$ (1,295)	$ (1,272)
Other assets	[1]	7,139		7,844
Liabilities
Other liabilities	[1]	2,104		2,269
Long-term debt	[1]	13,658		14,388
Noncontrolling interests		27		27
Variable Interest Entity, Primary Beneficiary
Assets
Cash and due from banks		85		85
Commercial mortgage loans		46		46
Automobile loans		969		1,170
ALLL		(25)		(26)
Other assets		7		9
Total Assets		1,082		1,284
Liabilities
Other liabilities		2		3
Long-term debt		883		1,094
Total liabilities		885		1,097
Noncontrolling interests		27		27
Variable Interest Entity, Primary Beneficiary | Automobile Loans
Assets
Cash and due from banks		84		84
Commercial mortgage loans		0		0
Automobile loans		969		1,170
ALLL		(5)		(6)
Other assets		7		9
Total Assets		1,055		1,257
Liabilities
Other liabilities		2		3
Long-term debt		883		1,094
Total liabilities		885		1,097
Noncontrolling interests		0		0
Variable Interest Entity, Primary Beneficiary | Fifth Third Community Development Corporation Investments
Assets
Cash and due from banks		1		1
Commercial mortgage loans		46		46
Automobile loans		0		0
ALLL		(20)		(20)
Other assets		0		0
Total Assets		27		27
Liabilities
Other liabilities		0		0
Long-term debt		0		0
Total liabilities		0		0
Noncontrolling interests		$ 27		$ 27
[1]	Includes $ 85 and $ 85 of cash and due from banks, $ 1,015 and $ 1,216 of portfolio loans and leases , $ (25) and $ (26) of ALLL, $ 7 and $ 9 of other assets, $ 2 and $ 3 of other liabilities , and $ 883 and $ 1,094 of long-term debt from consolidated VIEs that are included in their respective captions above at March 31, 2017 and December 31, 2016 , respectively. For further information refer to Note 10 .
[2]	Includes $ 2 related to leveraged leases at March 31, 2017 .
[3]	Includes $ 2 related to leveraged leases at December 31, 2016 .

VIE (Variable Interest Entities

VIE (Variable Interest Entities - Additional Information) (Detail) - USD ($) $ in Millions		3 Months Ended		12 Months Ended
		Mar. 31, 2017	Mar. 31, 2016	Dec. 31, 2015	Dec. 31, 2016
Variable Interest Entity
OTTI	[1]	$ 10	$ 3
Variable Interest Entity, Primary Beneficiary | Automobile Loans
Variable Interest Entity
Carry Value Of Loans Leases Or Lines Of Credit Securitized				$ 4,500
Variable Interest Entity, Primary Beneficiary | Fifth Third Community Development Corporation Investments
Variable Interest Entity
Maximum Exposure		32			$ 31
Variable Interest Entity, Not Primary Beneficiary | Loans Provided to VIEs
Variable Interest Entity
Unfunded commitment amounts		1,000			937
Variable Interest Entity, Not Primary Beneficiary | Fifth Third Community Development Corporation Investments
Variable Interest Entity
Maximum Exposure		1,424			1,421
Bancorp's Investment in Affordable Housing Tax Credits		1,424			1,421
Variable Interest Entity, Not Primary Beneficiary | Fifth Third Community Development Corporation Investments | Qualified Affordable Housing Tax Credits
Variable Interest Entity
Bancorp's Investment in Affordable Housing Tax Credits		1,300			1,300
Unfunded commitments		$ 356			349
Unfunded commitments expected funding date		2,034
Variable Interest Entity, Not Primary Beneficiary | Private Equity Investments
Variable Interest Entity
Maximum Exposure		$ 178			232
Bancorp's Investment in Affordable Housing Tax Credits		121			176
Unfunded commitment amounts		57			$ 56
Capital Contribution To Private Equity Investments		6	2
OTTI		$ 0	$ 0
[1]	(a) Included in securities gains, net, in the Condensed Consolidated Statements of Income

VIE (Assets and Liabilities Rel

VIE (Assets and Liabilities Related to Non-consolidated VIEs and Maximum Exposure to Losses) (Detail) - Variable Interest Entity, Not Primary Beneficiary - USD ($) $ in Millions	Mar. 31, 2017	Dec. 31, 2016
Fifth Third Community Development Corporation Investments
Variable Interest Entity
Total Assets	$ 1,424	$ 1,421
Total Liabilities	362	357
Maximum Exposure	1,424	1,421
Private Equity Investments
Variable Interest Entity
Total Assets	121	176
Total Liabilities	0	0
Maximum Exposure	178	232
Loans Provided to VIEs
Variable Interest Entity
Total Assets	1,744	1,735
Total Liabilities	0	0
Maximum Exposure	$ 2,762	$ 2,672

VIE (Investments in Qualified A

VIE (Investments in Qualified Affordable Housing Tax Credits) (Detail) - USD ($) $ in Millions		3 Months Ended
		Mar. 31, 2017	Mar. 31, 2016
Other noninterest expense
Schedule of Equity Method Investments
Pre-tax investment and impairment losses	[1]	$ 36	$ 36
Applicable income tax expense
Schedule of Equity Method Investments
Tax credits and other benefits		$ (56)	$ (55)
[1]	(a) The Bancorp did not recognize impairment losses resulting from the forfeiture or ineligibility of tax credi ts or other circumstances during both the three months ended March 31, 2017 and 2016 .

MSR (Activity Related to Mortga

MSR (Activity Related to Mortgage Banking Net Revenue) (Detail) - USD ($) $ in Millions		3 Months Ended
		Mar. 31, 2017	Mar. 31, 2016
Securitization or Asset-backed Financing Arrangement, Financial Asset for which Transfer is Accounted as Sale
Residential mortgage loan sales	[1]	$ 1,629	$ 1,114
Origination fees and gains on loan sales		29	42
Gross Mortgage Servicing Fees		$ 47	$ 52
[1]	Represents the unpaid principal balance at the time of the sale.

MSR (Changes in the Servicing A

MSR (Changes in the Servicing Assets) (Detail) - USD ($) $ in Millions		3 Months Ended
		Mar. 31, 2017		Mar. 31, 2016	Dec. 31, 2016	[1]
Servicing Assets at Fair Value
Carrying amount before valuation allowance as of the beginning of the period				$ 1,204
Servicing rights that result from the transfer of residential mortgage loans				12
Amortization				(27)
Carrying amount before valuation allowance				1,189
Valuation allowance for servicing rights:
Beginning balance				(419)
(Provision for) recovery of MSR impairment				(85)
Ending balance				(504)
Carrying amount as of the end of the period		$ 776	[1]	$ 685	$ 744
Fair value at beginning of period		744
Servicing rights originated		26
Servicing rights acquired		29
Changes in fair value due to changes in inputs or assumptions	[2]	4
Changes in fair value due to other changes in fair value	[3]	(27)
Fair value at end of period		$ 776
[1]	Effective January 1, 2017, the Bancorp has elected the fair value measurement method for all existing classes of its r esidential mortgage servicing rights. The servicing rights were measured at fair value at March 31, 2017 and were measured under the amortization method at December 31, 2016. For further information refer to Note 11 .
[2]	Primarily reflects changes in prepayment speed and OAS spread assumptions which are updated based on market interest rates
[3]	Primarily reflects changes due to collection of contractual cash flows and the passage of time

MSR (Fair Value of the Servicin

MSR (Fair Value of the Servicing Rights) (Detail) - USD ($) $ in Millions	Mar. 31, 2017	Dec. 31, 2016	Mar. 31, 2016
Servicing Assets at Fair Value
Fair value at beginning of period	$ 744
Fair value at end of period	776	$ 744
Fixed Rate Residential Mortgage Loans
Servicing Assets at Fair Value
Fair value at beginning of period	722	660	$ 757
Fair value at end of period	756	722	660
Adjustable Rate Residential Mortgage Loans
Servicing Assets at Fair Value
Fair value at beginning of period	22	25	27
Fair value at end of period	20	22	25
Fixed Rate Automobile Loans
Servicing Assets at Fair Value
Fair value at beginning of period	0	0	1
Fair value at end of period	$ 0	$ 0	$ 0

MSR (Activity Related to the MS

MSR (Activity Related to the MSR Portfolio) (Detail) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Servicing Assets at Fair Value
Recovery of (provision for) MSR impairment (Mortgage banking net revenue)	$ 0	$ (85)	[1]
MSR Fair Value Adjustment	23	0	[1]
Interest Rate Contract | Servicing Rights | Mortgage Banking Revenue
Servicing Assets at Fair Value
Changes in fair value and settlement of free-standing derivatives purchased to economically hedge the MSR portfolio (Mortgage banking net revenue)	$ (1)	$ 96
[1]	A net tax deficiency of $ 1 million was reclassified from capital surplus to applicable income tax expense at March 31, 2016, related to the early adoption of ASU 2016-09 during the fourth quarter of 2016, with an effective date of January 1, 2016.

MSR (Servicing Assets and Resid

MSR (Servicing Assets and Residual Interests Economic Assumptions) (Detail)	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Fixed Rate Residential Mortgage Loans
Servicing Assets at Amortized Value
Weighted- Average Life (in years)	6 years 8 months 12 days	6 years 3 months 18 days
Prepayment Speed (annual)	9.90%	12.60%
OAS spread (bps)	4.85%	5.39%
Adjustable Rate Residential Mortgage Loans
Servicing Assets at Amortized Value
Weighted- Average Life (in years)	2 years 3 months 18 days	3 years
Prepayment Speed (annual)	34.90%	27.50%
OAS spread (bps)	7.00%	6.81%

MSR (Sales of Receivables and S

MSR (Sales of Receivables and Servicing Rights - Additional Information) (Detail) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2017	Dec. 31, 2016
Disclosure - Activity Related to Mortgage Banking Net Revenue [Abstract]
Sevicing of residential mortgage loans for other investors		$ 55,400	$ 53,600
Amortization	$ (27)

MSR (Sensitivity of the Current

MSR (Sensitivity of the Current Fair Value of Residual Cash Flows to Immediate 10%, 20% and 50% Adverse Changes in Assumptions) (Detail) $ in Millions	3 Months Ended
	Mar. 31, 2017USD ($)	[1]
Fixed Rate Residential Mortgage Loans
Sensitivity Analysis of Fair Value of Interests Continued to be Held by Transferor, Servicing Assets or Liabilities, Impact of Adverse Change in Assumption
Fair Value	$ 756
Weighted- Average Life (in years)	6 years
Prepayment Speed (annual)	11.20%
Impact of Adverse Change on Fair Value 10%	$ (33)
Impact of Adverse Change on Fair Value 20%	(63)
Impact of Adverse Change on Fair Value 50%	$ (143)
OAS spread (bps)	5.28%
Impact of Adverse Change on Fair Value 10%	$ (15)
Impact of Adverse Change on Fair Value 20%	(30)
Adjustable Rate Residential Mortgage Loans
Sensitivity Analysis of Fair Value of Interests Continued to be Held by Transferor, Servicing Assets or Liabilities, Impact of Adverse Change in Assumption
Fair Value	$ 20
Weighted- Average Life (in years)	3 years 3 months 18 days
Prepayment Speed (annual)	25.20%
Impact of Adverse Change on Fair Value 10%	$ (1)
Impact of Adverse Change on Fair Value 20%	(3)
Impact of Adverse Change on Fair Value 50%	$ (6)
OAS spread (bps)	7.57%
Impact of Adverse Change on Fair Value 10%	$ 0
Impact of Adverse Change on Fair Value 20%	$ (1)
[1]	(a) The impact of the weighted-average default rate on the current fair value of residual cash flows for all scenarios is immaterial .

Derivatives (Derivative Financi

Derivatives (Derivative Financial Instruments - Additional Information) (Detail) - USD ($) $ in Millions	1 Months Ended	3 Months Ended
	Jun. 30, 2009	Mar. 31, 2017	Dec. 31, 2016
Derivative
Valuation adjustments related to the credit risk associated with counterparties of customer accomodation derivative contracts		$ 4	$ 6
Notional amount of the risk participation agreements		$ 2,623	2,467
Percentage of Vantiv Holding, LLC sold to Advent for cash and warrants	51.00%
Interest Rate Contract | Credit Risk
Derivative
Credit Risk Derivatives Average Remaining Life		3 years
Fair value of risk participation agreements		$ 5	4
Interest Rate Contract | Cash Flow Hedging
Derivative
Maximum length of time hedged in cash flow hedge		2 years 9 months
Deferred gains, net of tax, on cash flow hedges were recorded in accumulated other comprehensive income		$ 2	10
Net deferred gains, net of tax, recorded in accumulated other comprehensive income are expected to be reclassified into earnings during the next twelve months		8
Total collateral
Derivative
Derivative Asset, Fair Value, Amount Not Offset Against Collateral		414	444
Derivative Liability, Fair Value, Amount Offset Against Collateral		320	$ 399
Amount of variation margin payment applied to derivative asset contracts		32
Amount of variation margin payment applied to derivative liability contracts		$ 49

Derivatives (Notional Amounts a

Derivatives (Notional Amounts and Fair Values for All Derivative Instruments Included in the Consolidated Balance Sheets) (Detail) - USD ($) $ in Millions	Mar. 31, 2017	Dec. 31, 2016
Derivatives, Fair Value
Fair value - Derivative Assets	$ 846	$ 1,057
Fair value - Derivative Liabilities	489	666
Accumulated Net Gain (Loss) from Designated or Qualifying Hedges
Derivatives, Fair Value
Fair value - Derivative Assets	305	345
Fair value - Derivative Liabilities	18	12
Accumulated Net Gain (Loss) from Designated or Qualifying Hedges | Fair Value Hedging
Derivatives, Fair Value
Fair value - Derivative Assets	305	323
Fair value - Derivative Liabilities	0	12
Accumulated Net Gain (Loss) from Designated or Qualifying Hedges | Fair Value Hedging | Interest Rate Swap | Long-Term Debt
Derivatives, Fair Value
Notional amount	2,955	3,455
Fair value - Derivative Assets	305	323
Fair value - Derivative Liabilities	0	12
Accumulated Net Gain (Loss) from Designated or Qualifying Hedges | Cash Flow Hedging
Derivatives, Fair Value
Fair value - Derivative Assets	0	22
Fair value - Derivative Liabilities	18	0
Accumulated Net Gain (Loss) from Designated or Qualifying Hedges | Cash Flow Hedging | Interest Rate Swap | Commercial and Industrial Loans
Derivatives, Fair Value
Notional amount	4,475	4,475
Fair value - Derivative Assets	0	22
Fair value - Derivative Liabilities	18	0
Nondesignated
Derivatives, Fair Value
Fair value - Derivative Assets	541	712
Fair value - Derivative Liabilities	471	654
Nondesignated | Risk Management and Other Business Purposes
Derivatives, Fair Value
Fair value - Derivative Assets	130	185
Fair value - Derivative Liabilities	124	133
Nondesignated | Risk Management and Other Business Purposes | Interest Rate Contract | Servicing Rights
Derivatives, Fair Value
Notional amount	10,602	10,522
Fair value - Derivative Assets	129	165
Fair value - Derivative Liabilities	22	39
Nondesignated | Risk Management and Other Business Purposes | Forward Contracts | Assets Held For Sale
Derivatives, Fair Value
Notional amount	1,630	1,823
Fair value - Derivative Assets	1	20
Fair value - Derivative Liabilities	5	3
Nondesignated | Risk Management and Other Business Purposes | Swap
Derivatives, Fair Value
Notional amount	1,481	1,300
Fair value - Derivative Assets	0	0
Fair value - Derivative Liabilities	97	91
Nondesignated | Risk Management and Other Business Purposes | Foreign Exchange Contract
Derivatives, Fair Value
Notional amount	110	111
Fair value - Derivative Assets	0	0
Fair value - Derivative Liabilities	0	0
Nondesignated | Customer Accommodation
Derivatives, Fair Value
Fair value - Derivative Assets	411	527
Fair value - Derivative Liabilities	347	521
Nondesignated | Customer Accommodation | Interest Rate Contract
Derivatives, Fair Value
Notional amount	35,882	33,431
Fair value - Derivative Assets	190	205
Fair value - Derivative Liabilities	144	210
Nondesignated | Customer Accommodation | Interest Rate Lock Commitments
Derivatives, Fair Value
Notional amount	780	701
Fair value - Derivative Assets	16	13
Fair value - Derivative Liabilities	0	1
Nondesignated | Customer Accommodation | Commodity Contract
Derivatives, Fair Value
Notional amount	2,145	2,095
Fair value - Derivative Assets	79	107
Fair value - Derivative Liabilities	80	106
Nondesignated | Customer Accommodation | TBAs
Derivatives, Fair Value
Notional amount	36
Fair value - Derivative Assets	0
Fair value - Derivative Liabilities	0
Nondesignated | Customer Accommodation | Foreign Exchange Contract
Derivatives, Fair Value
Notional amount	10,024	11,013
Fair value - Derivative Assets	126	202
Fair value - Derivative Liabilities	$ 123	$ 204

Derivatives (Change in the Fair

Derivatives (Change in the Fair Value for Interest Rate Contracts and the Related Hedged Items) (Detail) - Fair Value Hedging - Interest Rate Contract - Interest Expense, Long-Term Debt - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Derivatives, Fair Value
Change in fair value of interest rate swaps hedging long-term debt	$ (21)	$ 83
Change in fair value of hedged long-term debt	$ 21	$ (85)

Derivatives (Net Gains (Losses)

Derivatives (Net Gains (Losses) Relating to Derivative Instruments Designated as Cash Flow Hedges) (Detail) - Cash Flow Hedging - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Derivative Instruments, Gain (Loss)
Amount of pretax net (losses) gains recognized in OCI	$ (5)	$ 74
Interest Income (Expense) Net
Derivative Instruments, Gain (Loss)
Amount of pretax net gains reclassified from OCI into net income	$ 8	$ 14

Derivatives (Net Gains (Loss100

Derivatives (Net Gains (Losses) Recorded in the Consolidated Statements of Income Relating to Free-Standing Derivative Instruments Used For Risk Management) (Detail) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Interest Rate Contract | Forward Contracts | Loans Held For Sale | Mortgage Banking Revenue
Derivative Instruments, Gain (Loss)
Net gains (losses) recorded in earnings	$ (21)	$ (11)
Interest Rate Contract | Servicing Rights | Mortgage Banking Revenue
Derivative Instruments, Gain (Loss)
Net gains (losses) recorded in earnings	(1)	96
Foreign Exchange Contract | Forward Contracts | Other Noninterest Income
Derivative Instruments, Gain (Loss)
Net gains (losses) recorded in earnings	(1)	(4)
Equity Contract | Warrant | Other Noninterest Income
Derivative Instruments, Gain (Loss)
Net gains (losses) recorded in earnings	0	47
Equity Contract | Swap | Other Noninterest Income
Derivative Instruments, Gain (Loss)
Net gains (losses) recorded in earnings	$ (13)	$ 1

Derivatives (Risk Ratings of th

Derivatives (Risk Ratings of the Notional Amount of Risk Participation Agreements) (Detail) - USD ($) $ in Millions	Mar. 31, 2017	Dec. 31, 2016
Derivatives, Fair Value
Notional amount of the risk participation agreements	$ 2,623	$ 2,467
Pass
Derivatives, Fair Value
Notional amount of the risk participation agreements	2,604	2,447
Risk Level, Special Mention
Derivatives, Fair Value
Notional amount of the risk participation agreements	8	14
Risk Level, Substandard
Derivatives, Fair Value
Notional amount of the risk participation agreements	$ 11	$ 6

Derivatives (Net Gains (Loss102

Derivatives (Net Gains (Losses) Recorded in the Consolidated Statements of Income Relating to Free-Standing Derivative Instruments Used For Customer Accommodation) (Detail) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Interest Rate Contract | Customer Contracts | Corporate Banking Revenue
Derivative Instruments, Gain (Loss)
Net gains (losses) recorded in earnings	$ 5	$ 7
Interest Rate Contract | Fair Value Adjustments on Hedges and Derivative Contracts | Other noninterest expense
Derivative Instruments, Gain (Loss)
Net gains (losses) recorded in earnings	0	(1)
Interest Rate Contract | Interest Rate Lock Commitments | Mortgage Banking Revenue
Derivative Instruments, Gain (Loss)
Net gains (losses) recorded in earnings	22	42
Commodity Contract | Customer Contracts | Corporate Banking Revenue
Derivative Instruments, Gain (Loss)
Net gains (losses) recorded in earnings	1	1
Commodity Contract | Fair Value Adjustments on Hedges and Derivative Contracts | Other noninterest expense
Derivative Instruments, Gain (Loss)
Net gains (losses) recorded in earnings	1	(1)
Foreign Exchange Contract | Customer Contracts | Corporate Banking Revenue
Derivative Instruments, Gain (Loss)
Net gains (losses) recorded in earnings	13	16
Foreign Exchange Contract | Fair Value Adjustments on Hedges and Derivative Contracts | Other noninterest expense
Derivative Instruments, Gain (Loss)
Net gains (losses) recorded in earnings	$ 1	$ (2)

Derivatives (Offsetting Derivat

Derivatives (Offsetting Derivative Financial Instruments) (Detail) - USD ($) $ in Millions	Mar. 31, 2017		Dec. 31, 2016
Derivative Fair Value Gross Amount Assets Not Offset Against Collateral Net
Gross amount recognized in the balance sheet	$ 846		$ 1,057
Derivative, Collateral, Obligation to Return Cash	(381)		(374)
Derivative Fair Value Gross Amount Liabilities Not Offset Against Collateral Net
Gross amount recognized in the balance sheet	489		666
Assets
Derivative Fair Value Gross Amount Assets Not Offset Against Collateral Net
Gross amount recognized in the balance sheet	830	[1]	1,044	[2]
Derivative Asset, Fair Value, Amount Not Offset Against Collateral	(225)		(374)
Derivative, Collateral, Obligation to Return Cash	(345)	[3]	(377)	[4]
Derivative, Fair Value, Amount Offset Against Collateral, Net	260		293
Liability
Derivative Fair Value Gross Amount Liabilities Not Offset Against Collateral Net
Gross amount recognized in the balance sheet	489	[1]	665	[2]
Derivative Liability, Fair Value, Amount Not Offset Against Collateral	(225)		(374)
Derivative, Collateral, Right to Reclaim Cash	(115)	[3]	(125)	[4]
Derivative Fair Value Amount Offset Against Collateral Net	149		166
Derivative | Assets
Derivative Fair Value Gross Amount Assets Not Offset Against Collateral Net
Gross amount recognized in the balance sheet	830	[1]	1,044	[2]
Derivative Asset, Fair Value, Amount Not Offset Against Collateral	(225)		(374)
Derivative, Collateral, Obligation to Return Cash	(345)	[3]	(377)	[4]
Derivative, Fair Value, Amount Offset Against Collateral, Net	260		293
Derivative | Liability
Derivative Fair Value Gross Amount Liabilities Not Offset Against Collateral Net
Gross amount recognized in the balance sheet	489	[1]	665	[2]
Derivative Liability, Fair Value, Amount Not Offset Against Collateral	(225)		(374)
Derivative, Collateral, Right to Reclaim Cash	(115)	[3]	(125)	[4]
Derivative Fair Value Amount Offset Against Collateral Net	$ 149		$ 166
[1]	Amount does not includ e IRLCs because these instruments are not subject to master netting or similar arrangements .
[2]	Amount does not includ e the stock warrant associated with Vantiv Holding, LLC and IRLCs because these instruments are not subject to master netting or similar arrangements .
[3]	Amount of collateral received as an offset to asset positions or pledged as an offset to liability positions. Collateral values in excess of related derivative amounts recognized in the Condensed Consolidated Balance Sheets were excluded from this table.
[4]	Amount of collateral received as an offset to asset positions or pledged as an offset to liability positions. Collateral values in excess of related derivative amounts recognized in the Condensed Consolidated Balance Sheets were excluded from this table.

Other Short-Term Borrowings (Co

Other Short-Term Borrowings (Components of Other Short-Term Borrowings) (Detail) - USD ($) $ in Millions	Mar. 31, 2017	Dec. 31, 2016
Short Term Debt
FHLB advances	$ 950	$ 2,500
Securities sold under repurchase agreements	684	661
Derivative collateral	381	374
Total other short-term borrowings	$ 2,015	$ 3,535

Other Short-Term Borrowings (Se

Other Short-Term Borrowings (Securities Sold Under Repurchase Agreements By Collateral Type) (Detail) - USD ($) $ in Millions	Mar. 31, 2017	Dec. 31, 2016
Short Term Debt
Securities sold under repurchase agreements	$ 684	$ 661
Overnight maturity | U.S. Treasury and federal agencies
Short Term Debt
Securities sold under repurchase agreements	0	0
Overnight maturity | Agency mortgage-backed securities | Residential mortgage backed securities
Short Term Debt
Securities sold under repurchase agreements	$ 684	$ 661

Commitments (Summary of Signifi

Commitments (Summary of Significant Commitments) (Detail) - USD ($) $ in Millions	Mar. 31, 2017	Dec. 31, 2016
Commitments to extend credit
Long-term Purchase Commitment
Commitments	$ 66,980	$ 67,909
Letters of credit
Long-term Purchase Commitment
Commitments	2,525	2,583
Forward contracts related to residential mortgage loans held for sale
Long-term Purchase Commitment
Commitments	1,630	1,823
Noncancelable operating lease obligations
Long-term Purchase Commitment
Commitments	575	576
Purchase obligations
Long-term Purchase Commitment
Commitments	120	57
Capital commitments for private equity investments
Long-term Purchase Commitment
Commitments	57	59
Capital expenditures
Long-term Purchase Commitment
Commitments	49	29
Capital lease obligations
Long-term Purchase Commitment
Commitments	$ 18	$ 19

Commitments (Risk Rating Under

Commitments (Risk Rating Under the Risk Rating System) (Detail) - Commitments to Extend Credit - USD ($) $ in Millions	Mar. 31, 2017	Dec. 31, 2016
Line of Credit Facility
Commitments	$ 66,980	$ 67,909
Pass
Line of Credit Facility
Commitments	65,821	66,802
Special Mention
Line of Credit Facility
Commitments	404	338
Substandard
Line of Credit Facility
Commitments	743	753
Doubtful
Line of Credit Facility
Commitments	$ 12	$ 16

Commitments (Commitments, Conti

Commitments (Commitments, Contingent Liabilities and Guarantees - Additional Information) (Detail) - USD ($) shares in Millions, $ in Millions	3 Months Ended			12 Months Ended
	Mar. 31, 2017		Mar. 31, 2016	Dec. 31, 2016		Dec. 31, 2015	Sep. 30, 2014	Sep. 30, 2012	Mar. 31, 2012	Jun. 30, 2011	Dec. 31, 2010	Jun. 30, 2010	Dec. 31, 2009
Loss Contingencies
Letters of credit	$ 2,525			$ 2,583
Margin account balance held by the brokerage clearing agent	14			15
Amount in excess of amounts reserved	18
Credit loss reserve	1,238	[1]	$ 1,295	1,253	[2],[3]	$ 1,272
Residential Mortgage
Loss Contingencies
Amount in excess of amounts reserved	22
Outstanding balances on residential mortgage loans sold with representation and warranty provisions	12		23	13		$ 25
Outstanding balances on residential mortgage loans sold with credit recourse	$ 360			$ 374
Delinquency Rates	2.50%			3.20%
Credit loss reserve	$ 6			$ 7
Repurchased Outstanding Principal	2		4
Repurchase Demand Request	3		$ 6
Outstanding Repurchase Demand Inventory	1			2
Secured Debt
Loss Contingencies
Fully and unconditionally guaranteed certain long-term borrowing obligations issued by wholly-owned issuing trust entities	62			62
Standby Letters of Credit
Loss Contingencies
Reserve for unfunded commitments	$ 4			$ 3
Standby letters of credit as a percentage of total letters of credit	99.00%			99.00%
Standby Letters of Credit | Secured Debt
Loss Contingencies
Standby letters of credit as a percentage of total letters of credit	62.00%			62.00%
Variable Rate Demand Note
Loss Contingencies
Fifth Third Securities, Inc. (FTS) acted as the remarketing agent to issuers of VRDNs	$ 760			$ 784
Letters of credit	138			145
Total Variable Rate Demand Notes	897			929
Letters of credit issued by the Bancorp related to variable rate demand notes	589			609
Variable Rate Demand Note | Trading Securities
Loss Contingencies
Total Variable Rate Demand Notes				6
Other Liabilities
Loss Contingencies
Reserve for unfunded commitments	159			161
Other Liabilities | Residential Mortgage
Loss Contingencies
Outstanding balances on residential mortgage loans sold with representation and warranty provisions	12			13
Visa Litigation
Loss Contingencies
Recorded share of litigation formally settled by Visa and for probable future litigation settlements	$ 97			$ 91
Escrow Deposit													$ 3,000
Visa
Loss Contingencies
Visa IPO, shares of Visa's Class B common stock received													10.1
Visa Class B shares carryover basis													$ 0
Escrow Deposit							$ 450	$ 150	$ 1,565	$ 400	$ 800	$ 500
[1]	Includes $ 2 related to leveraged leases at March 31, 2017 .
[2]	Includes $ 2 related to leveraged leases at December 31, 2016 .
[3]	Includes $ 85 and $ 85 of cash and due from banks, $ 1,015 and $ 1,216 of portfolio loans and leases , $ (25) and $ (26) of ALLL, $ 7 and $ 9 of other assets, $ 2 and $ 3 of other liabilities , and $ 883 and $ 1,094 of long-term debt from consolidated VIEs that are included in their respective captions above at March 31, 2017 and December 31, 2016 , respectively. For further information refer to Note 10 .

Commitments (Standby and Commer

Commitments (Standby and Commercial Letters of Credit, Conditional Commitments Issued to Guarantee the Performance of a Customer to a Third Party) (Detail) - Financial Standby Letter of Credit $ in Millions	Mar. 31, 2017USD ($)
Line of Credit Facility
Commitments	$ 2,525
Less Than One Year From The Balance Sheet Date
Line of Credit Facility
Commitments	1,405	[1]
More than One and within Five Years from Balance Sheet Date
Line of Credit Facility
Commitments	1,095	[1]
More than Five Years from Balance Sheet Date
Line of Credit Facility
Commitments	$ 25
[1]	( a) Includes $ 17 and $ 5 issued on behalf of commercial customers to facilitate trade payments in U.S. dollars and foreign currencies which expire less than 1 y ear and between 1 - 5 years, respectively.

Commitments (Standby and Com110

Commitments (Standby and Commercial Letters of Credit, Conditional Commitments Issued to Guarantee the Performance of a Customer to a Third Party) (Parenthetical) (Detail) - Financial Standby Letter of Credit $ in Millions	Mar. 31, 2017USD ($)
Line of Credit Facility
Commitments	$ 2,525
Less Than One Year From The Balance Sheet Date
Line of Credit Facility
Commitments	1,405	[1]
Less Than One Year From The Balance Sheet Date | Commercial
Line of Credit Facility
Commitments	17
More than One and within Five Years from Balance Sheet Date
Line of Credit Facility
Commitments	1,095	[1]
More than One and within Five Years from Balance Sheet Date | Commercial
Line of Credit Facility
Commitments	5
More than Five Years from Balance Sheet Date
Line of Credit Facility
Commitments	$ 25
[1]	( a) Includes $ 17 and $ 5 issued on behalf of commercial customers to facilitate trade payments in U.S. dollars and foreign currencies which expire less than 1 y ear and between 1 - 5 years, respectively.

Commitments (Letters of Credit)

Commitments (Letters of Credit) (Detail) - USD ($) $ in Millions	Mar. 31, 2017	Dec. 31, 2016
Fair Value, Off-balance Sheet Risks, Disclosure Information
Letters of credit	$ 2,525	$ 2,583
Pass
Fair Value, Off-balance Sheet Risks, Disclosure Information
Letters of credit	2,100	2,134
Special Mention
Fair Value, Off-balance Sheet Risks, Disclosure Information
Letters of credit	79	98
Substandard
Fair Value, Off-balance Sheet Risks, Disclosure Information
Letters of credit	282	290
Doubtful
Fair Value, Off-balance Sheet Risks, Disclosure Information
Letters of credit	$ 64	$ 61

Commitments (Activity in Reserv

Commitments (Activity in Reserve for Representation and Warranty Provisions) (Detail) - Residential Mortgage - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Valuation And Qualifying Accounts Disclosure
Balance, beginning of period	$ 13	$ 25
Net (reductions) additions to the reserve	(1)	(2)
Losses charged against the reserve	0	0
Balance, end of period	$ 12	$ 23

Commitments (Unresolved Claims

Commitments (Unresolved Claims by Claimant) (Detail) $ in Millions	3 Months Ended
	Mar. 31, 2017USD ($)	Mar. 31, 2016USD ($)
GSE
Loss Contingencies Dollars
Balance, beginning of period	$ 2	$ 4
New demands	3	6
Loan paydowns/payoffs	0	(1)
Resolved demands	(4)	(7)
Balance, end of period	$ 1	$ 2
Loss Contingencies Units
Balance, beginning of period	13	16
New demands	23	71
Loan paydowns/payoffs	(1)	(4)
Resolved demands	(24)	(68)
Balance, end of period	11	15
Private Label
Loss Contingencies Dollars
Balance, beginning of period	$ 0	$ 0
New demands	0	0
Loan paydowns/payoffs	0	0
Resolved demands	0	0
Balance, end of period	$ 0	$ 0
Loss Contingencies Units
Balance, beginning of period	0	2
New demands	0	2
Loan paydowns/payoffs	0	0
Resolved demands	0	(3)
Balance, end of period	0	1

Commitments (Visa Funding and B

Commitments (Visa Funding and Bancorp Cash Payments) (Detail) - USD ($) $ in Millions	3 Months Ended
	Sep. 30, 2014	Sep. 30, 2012	Mar. 31, 2012	Jun. 30, 2011	Dec. 31, 2010	Jun. 30, 2010
Visa Funding
Loss Contingencies
Escrow Deposit	$ 450	$ 150	$ 1,565	$ 400	$ 800	$ 500
Bancorp Cash Payment
Loss Contingencies
Reduction of liability in cash to the swap counterparty	$ 18	$ 6	$ 75	$ 19	$ 35	$ 20

Legal & Regulatory Proceedings

Legal & Regulatory Proceedings (Legal and Regulatory Proceedings - Additional Information) (Detail) $ in Millions	3 Months Ended	12 Months Ended
	Mar. 31, 2017USD ($)	Dec. 31, 2013	Sep. 30, 2013USD ($)	Mar. 31, 2013USD ($)	Sep. 30, 2012USD ($)	Mar. 31, 2012USD ($)
Loss Contingencies
Amount in excess of amounts reserved	$ 18
APR Percentage Allegedly Misleading					120.00%
Number Of Putative Class Actions Filed		4
Damages Claimed By Plaintiff			$ 50		$ 70	$ 40
Damages Claimed By Defendant			$ 1.5
Federal Lawsuits
Loss Contingencies
Number of merchants requesting exclusion	460
Class Action Settlement
Loss Contingencies
Number of merchants requesting exclusion	8,000
Percentage of escrow funds returned to defendants	25.00%
Escrow Deposit				$ 46

Income Taxes (Income Taxes - Ad

Income Taxes (Income Taxes - Additional Information) (Detail) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Income Taxes
Applicable income tax expense	$ 91	$ 109	[1]
Effective tax rate	22.90%	25.10%
Net tax deficiency reclassified from capital surplus to applicable income tax expense		$ 1
[1]	A net tax deficiency of $ 1 million was reclassified from capital surplus to applicable income tax expense and average common shares outstanding – diluted were adjusted at March 31, 2016, related to the early adoption of ASU 2016-09 during the fourth quarter of 2016, with an effective date of January 1, 2016.

AOCI (Activity of the Component

AOCI (Activity of the Components of Other Comprehensive Income and Accumulated Other Comprehensive Income) (Detail) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Net activity for accumulated net unrealized gain (loss) on available-for-sale securities
Unrealized holding gains (losses) on available-for-sale securities arising during period	$ 15	$ 452	[1]
Reclassification adjustment for net (gains) losses included in net income	1	(5)	[1]
Net activity for net unrealized gain (loss) on cash flow hedge derivatives
Unrealized holding gains (losses) on cash flow hedge derivatives arising during period	(3)	48	[1]
Reclassification adjustment for net gains on cash flow hedge derivatives included in net income	(5)	(9)	[1]
Net activity for defined benefit plans, net
Reclassification of amounts to net periodic benefit costs	(1)	(1)	[1]
Total Other Comprehensive Activity
Pre-tax activity total	13	749
Total, Tax	(4)	(262)
Other comprehensive income (loss)	9	487	[1]
Total Accumulated Other Comprehensive Income
Total Accumulated Other Comprehensive Income - Beginning Balance	59	197
Other comprehensive income (loss), Net of Tax	9	487	[1]
Total Accumulated Other Comprehensive Income - Ending Balance	68	684
Accumulated Net Unrealized Investment Gain (Loss)
Pre-tax activity for accumulated net unrealized gain (loss) on available-for-sale securities
Unrealized holding gains (losses) on available-for-sale securities arising during period	22	695
Reclassification adjustment for net losses (gains) included in net income	2	(8)
Net unrealized gains on available-for-sale securities	24	687
Tax effect for accumulated net unrealized gain (loss) on available-for-sale securities
Unrealized holding gains (losses) on available-for-sale securities arising during period	(7)	(243)
Reclassification adjustment for net losses (gains) included in net income	(1)	3
Net unrealized gains on available-for-sale securities	(8)	(240)
Net activity for accumulated net unrealized gain (loss) on available-for-sale securities
Unrealized holding gains (losses) on available-for-sale securities arising during period	15	452
Reclassification adjustment for net (gains) losses included in net income	1	(5)
Net unrealized gains on available-for-sale securities	16	447
Total Other Comprehensive Activity
Other comprehensive income (loss)	16	447
Total Accumulated Other Comprehensive Income
Total Accumulated Other Comprehensive Income - Beginning Balance	101	238
Other comprehensive income (loss), Net of Tax	16	447
Total Accumulated Other Comprehensive Income - Ending Balance	117	685
Accumulated Net Gain (Loss) from Designated or Qualifying Cash Flow Hedges
Pre-tax activity for net unrealized gain (loss) on cash flow hedge derivatives
Unrealized holding gains (losses) on cash flow hedge derivatives arising during period	(5)	74
Reclassification adjustment for net gains on cash flow hedge derivatives included in net income	(8)	(14)
Net unrealized gains on cash flow hedge derivatives	(13)	60
Tax effect for net unrealized gain (loss) on cash flow hedge derivatives
Unrealized holding gains (losses) on cash flow hedge derivatives arising during period	2	(26)
Reclassification adjustment for net gains on cash flow hedge derivatives included in net income	3	5
Net unrealized gains on cash flow hedge derivatives	5	(21)
Net activity for net unrealized gain (loss) on cash flow hedge derivatives
Unrealized holding gains (losses) on cash flow hedge derivatives arising during period	(3)	48
Reclassification adjustment for net gains on cash flow hedge derivatives included in net income	(5)	(9)
Net unrealized gains on cash flow hedge derivatives	(8)	39
Total Other Comprehensive Activity
Other comprehensive income (loss)	(8)	39
Total Accumulated Other Comprehensive Income
Total Accumulated Other Comprehensive Income - Beginning Balance	10	22
Other comprehensive income (loss), Net of Tax	(8)	39
Total Accumulated Other Comprehensive Income - Ending Balance	2	61
Accumulated Defined Benefit Plans Adjustment
Pre-tax activity for defined benefit plans, net
Reclassification of amounts to net periodic benefit costs	2	2
Defined benefit plans, net	2	2
Tax effect for defined benefit plans, net
Reclassification of amounts to net periodic benefit costs	(1)	(1)
Defined benefit plans, net	(1)	(1)
Net activity for defined benefit plans, net
Reclassification of amounts to net periodic benefit costs	1	1
Defined benefit plans, net	1	1
Total Other Comprehensive Activity
Other comprehensive income (loss)	(1)	(1)
Total Accumulated Other Comprehensive Income
Total Accumulated Other Comprehensive Income - Beginning Balance	(52)	(63)
Other comprehensive income (loss), Net of Tax	(1)	(1)
Total Accumulated Other Comprehensive Income - Ending Balance	$ (51)	$ (62)
[1]	A net tax deficiency of $1 million was reclassified from capital surplus to applicable income tax expense at March 31, 2016, related to the early adop tion of ASU 2016-09 during the fourth quarter of 2016, with an effective date of January 1, 2016.

AOCI (Reclassifications Out of

AOCI (Reclassifications Out of Accumulated Other Comprehensive Income) (Detail) - USD ($) $ in Millions		3 Months Ended
		Mar. 31, 2017	Mar. 31, 2016
Reclassifications Out Of Accumulated Other Comprehensive Income
Income Before Income Taxes		$ 396	$ 435	[1]
Applicable income tax expense		91	109	[1]
Net income		305	326	[1],[2]
Total Reclassifications For The Period
Reclassifications Out Of Accumulated Other Comprehensive Income
Net income		3	13
Net Unrealized Gains On Available For Sale Securities
Reclassifications Out Of Accumulated Other Comprehensive Income
Reclassification adjustment for net losses (gains) included in net income		(2)	8
Net Unrealized Gains On Available For Sale Securities | Net Losses Included In Net Income
Reclassifications Out Of Accumulated Other Comprehensive Income
Reclassification adjustment for net losses (gains) included in net income	[3]	(2)	8
Income Before Income Taxes	[3]	(2)	8
Applicable income tax expense	[3]	1	(3)
Net income	[3]	(1)	5
Net Unrealized Gains On Cash Flow Hedge Activities
Reclassifications Out Of Accumulated Other Comprehensive Income
Reclassification adjustment for net gains on cash flow hedge derivatives included in net income		8	14
Income Before Income Taxes	[3]	8	14
Applicable income tax expense	[3]	(3)	(5)
Net income	[3]	5	9
Net Unrealized Gains On Cash Flow Hedge Activities | Interest Rate Contracts Related To C&I Loans
Reclassifications Out Of Accumulated Other Comprehensive Income
Reclassification adjustment for net gains on cash flow hedge derivatives included in net income	[3]	8	14
Amortization Of Defined Benefit Pension Items | Net Actuarial Loss
Reclassifications Out Of Accumulated Other Comprehensive Income
Net periodic pension cost	[3],[4]	(2)	(2)
Income Before Income Taxes	[3]	(2)	(2)
Applicable income tax expense	[3]	1	1
Net income	[3]	$ (1)	$ (1)
[1]	A net tax deficiency of $ 1 million was reclassified from capital surplus to applicable income tax expense and average common shares outstanding – diluted were adjusted at March 31, 2016, related to the early adoption of ASU 2016-09 during the fourth quarter of 2016, with an effective date of January 1, 2016.
[2]	A net tax deficiency of $1 million was reclassified from capital surplus to applicable income tax expense and average common shares outstanding – diluted were adjusted at March 31, 2016, related to the early adoption of ASU 2016-09 during the fourth quarter of 2016, with an effective date of January 1, 2016 .
[3]	Amounts in parentheses indicate reductions to net income
[4]	This AOCI component is included in the computation of net periodic benefit cost. Refer to Note 21 of the Notes to the Consolidated Financial Statements included in the Bancorp’s Annual Report on Form 10-K for the year ended December 31, 2016 for information on the computation of net periodic benefit cost .

EPS (Calculation of Earnings Pe

EPS (Calculation of Earnings Per Share and the Reconciliation of Earnings Per Share to Earnings Per Diluted Share) (Detail) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	[2]
Earnings per share:
Net income (loss) attributable to Bancorp	$ 305	$ 326	[1]
Dividends on preferred stock	15	15	[1]
Net income (loss) available to common shareholders	290	311	[1]
Less: Income allocated to participating securities	4	3
Earnings per share - basic	286	308
Earnings per diluted share:
Net income available to common shareholders	290	311	[1]
Stock-based awards	0	0
Net income available to common shareholders plus assumed conversions	290	311
Less: Income allocated to participating securities	4	3
Net income allocated to common shareholders	$ 286	$ 308
Earnings per share:
Net income allocated to common shareholders	747,667,521	773,564,178	[1]
Effect of dilutive securities:
Stock-based awards	13,000,000	4,000,000
Net income allocated to common shareholders	760,809,239	777,757,934	[1]
Earnings per share:
Earnings per share - basic	$ 0.38	$ 0.4	[1]
Earnings per diluted share:
Earnings per share - diluted	$ 0.38	$ 0.4	[1]
[1]	A net tax deficiency of $ 1 million was reclassified from capital surplus to applicable income tax expense and average common shares outstanding – diluted were adjusted at March 31, 2016, related to the early adoption of ASU 2016-09 during the fourth quarter of 2016, with an effective date of January 1, 2016.
[2]	A net tax deficiency of $1 million was reclassified from capital surplus to applicable income tax expense and average common shares outstanding – diluted were adjusted at March 31, 2016, related to the early adoption of ASU 2016-09 during the fourth quarter of 2016, with an effective date of January 1, 2016 .

EPS (Calculation of Earnings120

EPS (Calculation of Earnings Per Share and the Reconciliation of Earnings Per Sahre to Earnings Per Diluted Share) (Parenthetical) (Detail) $ in Millions	3 Months Ended
	Mar. 31, 2016USD ($)
Earnings Per Share [Abstract]
Net tax deficiency reclassified from capital surplus to applicable income tax expense	$ 1

EPS (Earnings Per Share - Addit

EPS (Earnings Per Share - Additional Information) (Detail) - shares shares in Millions	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Stock Appreciation Rights
Earnings Per Share Disclosure
Anti-dilutive securities	6	27

Fair Value Measurements (Assets

Fair Value Measurements (Assets and Liabilities Measured at Fair Value on a Recurring Basis) (Detail) - USD ($) $ in Millions		Mar. 31, 2017		Dec. 31, 2016
Assets:
Available-for-sale securities, fair value	[1]	$ 31,531		$ 31,183
Trading securities		689		410
Fair value, recurring
Assets:
Available-for-sale securities, fair value		30,923	[2]	30,576	[3]
Trading securities		689		410
Residential mortgage loans held for sale		606		686
Residential mortgage loans measured at FV	[4]	141	[5]	143
Mortgage servicing rights	[6]	776
Derivative assets	[7]	846		1,057
Total assets		33,981		32,872
Liabilities:
Derivative liabilities	[8]	489		666
Short positions	[8]	27		21
Total liabilities		516		687
Interest Rate Contract | Fair value, recurring
Assets:
Derivative assets		641		748
Liabilities:
Derivative liabilities		189		265
Foreign Exchange Contract | Fair value, recurring
Assets:
Derivative assets		126		202
Liabilities:
Derivative liabilities		123		204
Equity Contract | Fair value, recurring
Assets:
Derivative assets		0		0
Liabilities:
Derivative liabilities		97		91
Commodity Contract | Fair value, recurring
Assets:
Derivative assets		79		107
Liabilities:
Derivative liabilities		80		106
U.S. Treasury and federal agencies
Assets:
Available-for-sale securities, fair value		437		549
U.S. Treasury and federal agencies | Fair value, recurring
Assets:
Available-for-sale securities, fair value		437		549
Trading securities		18		23
Obligations of states and political subdivisions
Assets:
Available-for-sale securities, fair value		45		45
Obligations of states and political subdivisions | Fair value, recurring
Assets:
Available-for-sale securities, fair value		45		45
Trading securities		21		39
Agency mortgage-backed securities | Residential mortgage backed securities
Assets:
Available-for-sale securities, fair value		16,245	[9]	15,608	[10]
Agency mortgage-backed securities | Residential mortgage backed securities | Fair value, recurring
Assets:
Available-for-sale securities, fair value		16,245		15,608
Trading securities		265		8
Agency mortgage-backed securities | Commercial mortgage backed securities
Assets:
Available-for-sale securities, fair value		8,672		9,055
Agency mortgage-backed securities | Commercial mortgage backed securities | Fair value, recurring
Assets:
Available-for-sale securities, fair value		8,672		9,055
Non-agency mortgage-backed securities | Commercial mortgage backed securities
Assets:
Available-for-sale securities, fair value		3,299		3,112
Non-agency mortgage-backed securities | Commercial mortgage backed securities | Fair value, recurring
Assets:
Available-for-sale securities, fair value		3,299		3,112
Asset-backed securities and other debt securities
Assets:
Available-for-sale securities, fair value		2,134		2,116
Asset-backed securities and other debt securities | Fair value, recurring
Assets:
Available-for-sale securities, fair value		2,134		2,116
Trading securities		24		15
Equity securities
Assets:
Available-for-sale securities, fair value		699	[11]	698	[12]
Equity securities | Fair value, recurring
Assets:
Available-for-sale securities, fair value		91	[2]	91	[3]
Trading securities		361		325
Fair Value, Inputs, Level 1 | Fair value, recurring
Assets:
Available-for-sale securities, fair value		527	[2],[13]	561	[3],[14]
Trading securities		361	[13]	325	[14]
Derivative assets	[7]	24	[13]	42	[14]
Total assets		912	[13]	928	[14]
Liabilities:
Derivative liabilities	[8]	13	[13]	30	[14]
Short positions	[8]	21	[13]	17	[14]
Total liabilities		34	[13]	47	[14]
Fair Value, Inputs, Level 1 | Interest Rate Contract | Fair value, recurring
Assets:
Derivative assets		1	[13]	20	[14]
Liabilities:
Derivative liabilities		5	[13]	3	[14]
Fair Value, Inputs, Level 1 | Commodity Contract | Fair value, recurring
Assets:
Derivative assets		23	[13]	22	[14]
Liabilities:
Derivative liabilities		8	[13]	27	[14]
Fair Value, Inputs, Level 1 | U.S. Treasury and federal agencies | Fair value, recurring
Assets:
Available-for-sale securities, fair value		437	[13]	471	[14]
Fair Value, Inputs, Level 1 | Equity securities | Fair value, recurring
Assets:
Available-for-sale securities, fair value		90	[2],[13]	90	[3],[14]
Trading securities		361	[13]	325	[14]
Fair Value, Inputs, Level 2 | Fair value, recurring
Assets:
Available-for-sale securities, fair value		30,396	[2],[13]	30,015	[3],[14]
Trading securities		328	[13]	85	[14]
Residential mortgage loans held for sale		606	[13]	686	[14]
Derivative assets	[7]	806	[13]	1,002	[14]
Total assets		32,136	[13]	31,788	[14]
Liabilities:
Derivative liabilities	[8]	374	[13]	540	[14]
Short positions	[8]	6	[13]	4	[14]
Total liabilities		380	[13]	544	[14]
Fair Value, Inputs, Level 2 | Interest Rate Contract | Fair value, recurring
Assets:
Derivative assets		624	[13]	715	[14]
Liabilities:
Derivative liabilities		179	[13]	257	[14]
Fair Value, Inputs, Level 2 | Foreign Exchange Contract | Fair value, recurring
Assets:
Derivative assets		126	[13]	202	[14]
Liabilities:
Derivative liabilities		123	[13]	204	[14]
Fair Value, Inputs, Level 2 | Commodity Contract | Fair value, recurring
Assets:
Derivative assets		56	[13]	85	[14]
Liabilities:
Derivative liabilities		72	[13]	79	[14]
Fair Value, Inputs, Level 2 | U.S. Treasury and federal agencies | Fair value, recurring
Assets:
Available-for-sale securities, fair value		0	[13]	78	[14]
Trading securities		18	[13]	23	[14]
Fair Value, Inputs, Level 2 | Obligations of states and political subdivisions | Fair value, recurring
Assets:
Available-for-sale securities, fair value		45	[13]	45	[14]
Trading securities		21	[13]	39	[14]
Fair Value, Inputs, Level 2 | Agency mortgage-backed securities | Residential mortgage backed securities | Fair value, recurring
Assets:
Available-for-sale securities, fair value		16,245	[13]	15,608	[14]
Trading securities		265	[13]	8	[14]
Fair Value, Inputs, Level 2 | Agency mortgage-backed securities | Commercial mortgage backed securities | Fair value, recurring
Assets:
Available-for-sale securities, fair value		8,672	[13]	9,055	[14]
Fair Value, Inputs, Level 2 | Non-agency mortgage-backed securities | Commercial mortgage backed securities | Fair value, recurring
Assets:
Available-for-sale securities, fair value		3,299	[13]	3,112	[14]
Fair Value, Inputs, Level 2 | Asset-backed securities and other debt securities | Fair value, recurring
Assets:
Available-for-sale securities, fair value		2,134	[13]	2,116	[14]
Trading securities		24	[13]	15	[14]
Fair Value, Inputs, Level 2 | Equity securities | Fair value, recurring
Assets:
Available-for-sale securities, fair value		1	[2],[13]	1	[3],[14]
Fair Value, Inputs, Level 3 | Fair value, recurring
Assets:
Residential mortgage loans measured at FV	[4]	141	[5]	143
Mortgage servicing rights	[6]	776
Derivative assets	[7]	16		13
Total assets		933		156
Liabilities:
Derivative liabilities	[8]	102		96
Total liabilities		102		96
Fair Value, Inputs, Level 3 | Interest Rate Contract | Fair value, recurring
Assets:
Derivative assets		16		13
Liabilities:
Derivative liabilities		5		5
Fair Value, Inputs, Level 3 | Equity Contract | Fair value, recurring
Assets:
Derivative assets		0		0
Liabilities:
Derivative liabilities		$ 97		$ 91
[1]	Amortized cost of $ 31,348 and $ 31,024 at March 31, 2017 and December 31, 2016 , respectively.
[2]	Excludes FHLB, FRB and DTCC restricted stock holdings totaling $ 248 , $ 359 and $ 1 , respectively, at March 31, 2017 .
[3]	Excludes FHLB, FRB and DTCC restricted stock holdings totaling $248, $358 and $1 , respectively, at December 31, 2016 .
[4]	Includes residential mortgage loans originated as held for sale and subsequently transferred to held for investment.
[5]	Includes residential mortgage loans originated as held for sale and subsequently transferred to held for investment.
[6]	Effective January 1, 2017, the Bancorp has elected the fair value measurement method for all existing classes of its residential mortgage servicing rights. The servicing rights were measured at fair value at March 31, 2017 and were measu red under the amortization method at December 31, 2016.
[7]	Included in other assets in the Condensed Consolidated Balance Sheets.
[8]	Included in other liabilities in the Condensed Consolidat ed Balance Sheets.
[9]	Includes interest-only mortgage- backed securities of $ 42 as of March 31, 2017 , recorded at fair value with fair value changes re corded in securities gains, net , in the Condensed Consolidated Statement s of Income.
[10]	Includes interest-only mortgage-backed securities of $ 60 as of December 31, 2016 , recorded at fair value with fair value changes recorded in securities gains, net, in the Condensed Consolidated Statements of Income.
[11]	Equity securities consist of FHLB, FRB and DTCC restricted stock holdings of $ 248 , $ 359 and $ 1 , respectively , at March 31, 2017 , that are carried at cost, and certain mutual fund and equity security holdings.
[12]	Equity securities consist of FHLB, FRB and DTCC restricted stock holdings of $ 248 , $ 358 , and $ 1 , respectively, at December 31, 2016 , that are carried at cost, and certain mutual fund and equity security holdings
[13]	During the three months ended March 31, 2017 , no assets or liabilities were transferred between Level 1 and Level 2.
[14]	During the year ended December 31, 2016 , no assets or liabilities were transferred between Level 1 and Level 2.

Fair Value Measurements (Ass123

Fair Value Measurements (Assets and Liabilities Measured at Fair Value on a Recurring Basis) (Parenthetical) (Detail) - USD ($) $ in Millions	Mar. 31, 2017	Dec. 31, 2016
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Federal Home Loan Bank Stock	$ 248	$ 248
Federal Reserve Bank Stock	359	358
DTCC Stock	$ 1	$ 1

Fair Value Measurements (Fair V

Fair Value Measurements (Fair Value Measurements - Additional Information) (Detail) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended			12 Months Ended
	Mar. 31, 2017	Dec. 31, 2016	Mar. 31, 2016	Dec. 31, 2016
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Net fair value of the interest rate lock commitments	$ 16
Change in the fair value of the interest rate lock commitments, due to decrease in current interest rates of 25 bp	6
Change in the fair value of the interest rate lock commitments, due to decrease in current interest rates of 50 bp	11
Change in the fair value of the interest rate lock commitments, due to increase in current interest rates of 25 bp	7
Change in the fair value of the interest rate lock commitments, due to increase in current interest rates of 50 bp	14
Change in fair value of interest rate lock commitments, due to 10% adverse changes in the assumed loan closing rates	2
Change in fair value of interest rate lock commitments, due to 20% adverse changes in the assumed loan closing rates	3
Change in fair value of interest rate lock commitments, due to 10% favorable changes in the assumed loan closing rates	2
Change in fair value of interest rate lock commitments, due to 20% favorable changes in the assumed loan closing rates	3
Portfolio loans to loans held for sale	5		$ 3
Existing loans held for sale, further adjusted	606	$ 686		$ 686
Residential loans transferred to the Bancorp's portfolio	3		12
Fair value changes included in earnings for instruments for which the fair value option was elected	22		6
Net Losses On Operating Lease Equipment	20
Larger commercial loans, subject to impairment review	1
Vantiv Holding, LLC
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Vantiv Holding, LLC Warrant Exercise Price		$ 15.98		$ 15.98
Vantiv Holding, LLC | Class C Units
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Exchange Of Class C Shares For Class A Shares		5.7
Warrant Exercised Total Shares Settled		7.8
Vantiv, Inc. | Class A Units
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Exchange Of Class C Shares For Class A Shares		5.7
Vantiv, Inc. | Class A Units | Shares Sold In Secondary Offering
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Exchange Of Class C Shares For Class A Shares		4.8
Vantiv, Inc. | Class A Units | Shares repurchased by Vantiv Inc.
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Exchange Of Class C Shares For Class A Shares		0.9
Commercial Loans Held For Sale
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Portfolio loans to loans held for sale	18		5
Net impact related to fair value adjustments	17
Gain Loss On Sales Of Loans Net	2		2
Other Real Estate Owned
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Net impact related to fair value adjustments	2		1
Nonrecurring Losses Included As Charge-Offs	2		$ 2
Residential Mortgage Loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Fair value of loans	$ 2			$ 2

Fair Value Measurements (Reconc

Fair Value Measurements (Reconciliation of Assets and Liabilities Measured at Fair Value on a Recurring Basis Using Significant Unobservable Inputs) (Level 3) (Detail) - USD ($) $ in Millions		3 Months Ended
		Mar. 31, 2017		Mar. 31, 2016
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation
Beginning Balance		$ 804		$ 380
Included in earnings		(13)		91
Purchases/originations		54		(1)
Settlements		(17)		(35)
Transfers Into Level 3	[1]	3		3
Ending Balance		831		438
The amount of total gains or losses for the period included in earnings attributable to the change in unrealized gains or losses relating to assets still held	[2]	(20)		78
Residential Mortgage
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation
Beginning Balance		143		167
Included in earnings		0		1
Purchases/originations		0		0
Settlements		(5)		(11)
Transfers Into Level 3	[1]	3		3
Ending Balance		141		160
The amount of total gains or losses for the period included in earnings attributable to the change in unrealized gains or losses relating to assets still held	[2]	0		1
Mortgage servicing rights
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation
Beginning Balance	[3]	744
Included in earnings	[3]	(23)
Purchases/originations	[3]	55
Settlements	[3]	0
Transfers Into Level 3	[1],[3]	0
Ending Balance	[3]	776
The amount of total gains or losses for the period included in earnings attributable to the change in unrealized gains or losses relating to assets still held	[2],[3]	(23)
Interest Rate Contract
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation
Beginning Balance		8	[4]	12	[5]
Included in earnings		23	[4]	42	[5]
Purchases/originations		(1)	[4]	(1)	[5]
Settlements		(19)	[4]	(28)	[5]
Transfers Into Level 3	[1]	0	[4]	0	[5]
Ending Balance		11	[4]	25	[5]
The amount of total gains or losses for the period included in earnings attributable to the change in unrealized gains or losses relating to assets still held	[2]	16	[4]	29	[5]
Equity Contract
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation
Beginning Balance		(91)	[4]	201	[5]
Included in earnings		(13)	[4]	48	[5]
Purchases/originations		0	[4]	0	[5]
Settlements		7	[4]	4	[5]
Transfers Into Level 3	[1]	0	[4]	0	[5]
Ending Balance		(97)	[4]	253	[5]
The amount of total gains or losses for the period included in earnings attributable to the change in unrealized gains or losses relating to assets still held	[2]	$ (13)	[4]	$ 48	[5]
[1]	Includes certain residential mortgage loans originated as held for sale that were transferred to held for invest ment.
[2]	Includes interest income and expense.
[3]	Eff ective January 1, 2017, the Bancorp has elected the fair value measurement method for all existing classes of its residential mortgage servicing rights. The servicing r ights were measured at fair value at March 31, 2017 and were measured under the amortiza tion method at December 31, 2016.
[4]	Net interest rate derivatives include derivative assets and liabilities of $ 16 and $ 5 , respectively , as of March 31, 2017 . Net equity derivatives include derivative assets and liabilities of $ 0 and $ 97 , respectively, as of March 31, 2017 .
[5]	Net interest rate derivatives include derivative assets and liabilities of $ 29 and $ 4 , respectively, as of March 31, 2016 . Net equity derivatives include derivative assets and liabilities of $ 308 and $ 55 , respectively, as of March 31, 2016 .

Fair Value Measurements (Rec126

Fair Value Measurements (Reconciliation of Assets and Liabilities Measured at Fair Value on a Recurring Basis Using Significant Unobservable Inputs) (Level 3) (Parenthetical) (Detail) - USD ($) $ in Millions	Mar. 31, 2017	Dec. 31, 2016	Mar. 31, 2016	Dec. 31, 2015
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation
Derivative assets	$ 831	$ 804	$ 438	$ 380
Interest Rates
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation
Derivative assets	16		29
Derivative liabilities	5		4
Equity Contract
Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation
Derivative assets	0		308
Derivative liabilities	$ 97		$ 55

Fair Value Measurements (Total

Fair Value Measurements (Total Gains and Losses Included in Earnings for Assets and Liabilites Measured at Fair Value on a Recurring Basis Using Significant Unobservable Inputs) (Level 3) (Detail) - Fair Value, Inputs, Level 3 - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Gains and losses included in earnings	$ (13)	$ 91
Mortgage Banking Revenue
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Gains and losses included in earnings	0	43
Other Noninterest Income
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Gains and losses included in earnings	$ (13)	$ 48

Fair Value Measurements (Tot128

Fair Value Measurements (Total Gains and Losses Included in Earning Attributable to Changes in Unrealized Gains and Losses Related to Level 3 Assets and Liabilites Still Held at Year End) (Detail) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset And Liabilities Change In Unrealized Gains Losses Included In Earnings	$ (20)	$ 78
Mortgage Banking Revenue
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset And Liabilities Change In Unrealized Gains Losses Included In Earnings	(7)	30
Other Noninterest Income
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset And Liabilities Change In Unrealized Gains Losses Included In Earnings	$ (13)	$ 48

Fair Value Measurements (Fai129

Fair Value Measurements (Fair Values of Assets and Liabilities (Significant Unobservable Level 3 Inputs Recurring Basis)) (Detail) - USD ($) $ in Millions		3 Months Ended
		Mar. 31, 2017	Mar. 31, 2016	Dec. 31, 2016
Quantitative Information About Level 3 Fair Value Measurements
Derivative instruments		$ 846		$ 1,057
Residential mortgage loans
Quantitative Information About Level 3 Fair Value Measurements
Residential mortgage loans measured at FV		141	$ 160
Mortgage servicing rights
Quantitative Information About Level 3 Fair Value Measurements
Mortgage servicing rights		776
IRLCs, net
Quantitative Information About Level 3 Fair Value Measurements
Derivative instruments		16	29
Stock warrants associated with Vantiv Holding, LLC
Quantitative Information About Level 3 Fair Value Measurements
Derivative instruments			308
Swap associated with the sale of Visa, Inc. Class B shares
Quantitative Information About Level 3 Fair Value Measurements
Derivative instruments		$ (97)	$ (55)
Minimum | Residential mortgage loans
Quantitative Information About Level 3 Fair Value Measurements
Interest rate risk factor		(10.60%)	(6.00%)
Credit risk factor		0.00%	0.00%
Minimum | Mortgage servicing rights
Quantitative Information About Level 3 Fair Value Measurements
Prepayment speed		0.70%	0.00%
OAS spread (bps)		4.30%	3.64%
Minimum | IRLCs, net
Quantitative Information About Level 3 Fair Value Measurements
Loan closing rates		12.30%	5.60%
Minimum | Stock warrants associated with Vantiv Holding, LLC
Quantitative Information About Level 3 Fair Value Measurements
Expected term (years)			2 years
Expected volatility	[1]		23.00%
Minimum | Swap associated with the sale of Visa, Inc. Class B shares
Quantitative Information About Level 3 Fair Value Measurements
Timing of the resolution of the covered litigation		Dec. 31, 2018	Dec. 31, 2016
Maximum | Residential mortgage loans
Quantitative Information About Level 3 Fair Value Measurements
Interest rate risk factor		15.40%	16.50%
Credit risk factor		46.20%	80.50%
Maximum | Mortgage servicing rights
Quantitative Information About Level 3 Fair Value Measurements
Prepayment speed		100.00%	100.00%
OAS spread (bps)		15.15%	15.15%
Maximum | IRLCs, net
Quantitative Information About Level 3 Fair Value Measurements
Loan closing rates		97.90%	94.00%
Maximum | Stock warrants associated with Vantiv Holding, LLC
Quantitative Information About Level 3 Fair Value Measurements
Expected term (years)			13 years 3 months 18 days
Expected volatility	[1]		30.40%
Maximum | Swap associated with the sale of Visa, Inc. Class B shares
Quantitative Information About Level 3 Fair Value Measurements
Timing of the resolution of the covered litigation		Dec. 31, 2022	Mar. 31, 2021
Weighted average | Residential mortgage loans
Quantitative Information About Level 3 Fair Value Measurements
Interest rate risk factor		2.30%	4.40%
Credit risk factor		1.20%	1.40%
Weighted average | Mortgage servicing rights | Fixed
Quantitative Information About Level 3 Fair Value Measurements
Prepayment speed		11.20%	14.10%
OAS spread (bps)		5.28%	6.03%
Weighted average | Mortgage servicing rights | Adjustable
Quantitative Information About Level 3 Fair Value Measurements
Prepayment speed		25.20%	27.80%
OAS spread (bps)		7.57%	7.13%
Weighted average | IRLCs, net
Quantitative Information About Level 3 Fair Value Measurements
Loan closing rates		72.20%	75.00%
Weighted average | Stock warrants associated with Vantiv Holding, LLC
Quantitative Information About Level 3 Fair Value Measurements
Expected term (years)			5 years 9 months 18 days
Expected volatility	[1]		25.90%
[1]	(a) Based on historical and implied volatilities of Vantiv, Inc. and comparable companies assuming similar expected terms.

Fair Value Measurements (Ass130

Fair Value Measurements (Assets and Liabilities Measured at Fair Value on a Nonrecurring Basis) (Detail) - USD ($) $ in Millions		3 Months Ended
		Mar. 31, 2017	Mar. 31, 2016
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Fair Value Measurements		$ 435	$ 1,161
Fair Value Measured On Nonrecurring Basis Gains Losses		(75)	(128)
Commercial Loans Held-for-Sale | Commercial
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Fair Value Measurements		1	5
Fair Value Measured On Nonrecurring Basis Gains Losses		(19)	(2)
Commercial and Industrial Loans | Commercial
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Fair Value Measurements		318	347
Fair Value Measured On Nonrecurring Basis Gains Losses		(26)	(47)
Commercial Mortgage Loans | Commercial
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Fair Value Measurements		25	85
Fair Value Measured On Nonrecurring Basis Gains Losses		(2)	6
Commercial Construction Loans | Commercial
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Fair Value Measurements			0
Fair Value Measured On Nonrecurring Basis Gains Losses			2
Commercial Leases | Commercial
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Fair Value Measurements		2
Fair Value Measured On Nonrecurring Basis Gains Losses		(1)
Servicing Rights
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Fair Value Measurements	[1]		685
Fair Value Measured On Nonrecurring Basis Gains Losses	[1]		(85)
Other Real Estate Owned
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Fair Value Measurements		19	27
Fair Value Measured On Nonrecurring Basis Gains Losses		(4)	(3)
Bank premises and equipment
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Fair Value Measurements		15	12
Fair Value Measured On Nonrecurring Basis Gains Losses		(3)	1
Operating lease equipment
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Fair Value Measurements		55
Fair Value Measured On Nonrecurring Basis Gains Losses		(20)
Fair Value, Inputs, Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Fair Value Measurements		435	1,161
Fair Value, Inputs, Level 3 | Commercial Loans Held-for-Sale | Commercial
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Fair Value Measurements		1	5
Fair Value, Inputs, Level 3 | Commercial and Industrial Loans | Commercial
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Fair Value Measurements		318	347
Fair Value, Inputs, Level 3 | Commercial Mortgage Loans | Commercial
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Fair Value Measurements		25	85
Fair Value, Inputs, Level 3 | Commercial Construction Loans | Commercial
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Fair Value Measurements			0
Fair Value, Inputs, Level 3 | Commercial Leases | Commercial
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Fair Value Measurements		2
Fair Value, Inputs, Level 3 | Servicing Rights
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Fair Value Measurements	[1]		685
Fair Value, Inputs, Level 3 | Other Real Estate Owned
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Fair Value Measurements		19	27
Fair Value, Inputs, Level 3 | Bank premises and equipment
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Fair Value Measurements		15	$ 12
Fair Value, Inputs, Level 3 | Operating lease equipment
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Fair Value Measurements		$ 55
[1]	Effective January 1, 2017, the Bancorp has elected the fair value measurement method for all existing classes of its residential mortgage servicing rights. The servicing rights were measured at fair value at March 31, 2017 and were measured under the amortization method at December 31, 2016.

Fair Value Measurements (Fai131

Fair Value Measurements (Fair Values of Assets and Liabilities (Significant Unobservable Level 3 Inputs Nonrecurring Basis)) (Detail) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Commercial Loans Held For Sale | Commercial
Quantitative Information About Level 3 Fair Value Measurements
Fair value measurements nonrecurring assets	$ 1	$ 5
Commercial and Industrial Loans | Commercial
Quantitative Information About Level 3 Fair Value Measurements
Fair value measurements nonrecurring assets	318	347
Commercial Mortgage Loans | Commercial
Quantitative Information About Level 3 Fair Value Measurements
Fair value measurements nonrecurring assets	25	85
Commercial construction loans | Commercial
Quantitative Information About Level 3 Fair Value Measurements
Fair value measurements nonrecurring assets		0
Commercial Leases | Commercial
Quantitative Information About Level 3 Fair Value Measurements
Fair value measurements nonrecurring assets	2
Servicing Rights
Quantitative Information About Level 3 Fair Value Measurements
Fair value measurements nonrecurring assets		685
OREO Property
Quantitative Information About Level 3 Fair Value Measurements
Fair value measurements nonrecurring assets	19	27
Bank premises and equipment
Quantitative Information About Level 3 Fair Value Measurements
Fair value measurements nonrecurring assets	15	$ 12
Operating lease equipment
Quantitative Information About Level 3 Fair Value Measurements
Fair value measurements nonrecurring assets	$ 55
Minimum | Residential mortgage loans
Quantitative Information About Level 3 Fair Value Measurements
Interest rate risk factor	(10.60%)	(6.00%)
Credit risk factor	0.00%	0.00%
Minimum | Servicing Rights
Quantitative Information About Level 3 Fair Value Measurements
Prepayment speed	0.70%	0.00%
OAS spread (bps)	4.30%	3.64%
Maximum | Residential mortgage loans
Quantitative Information About Level 3 Fair Value Measurements
Interest rate risk factor	15.40%	16.50%
Credit risk factor	46.20%	80.50%
Maximum | Servicing Rights
Quantitative Information About Level 3 Fair Value Measurements
Prepayment speed	100.00%	100.00%
OAS spread (bps)	15.15%	15.15%
Weighted average | Commercial Loans Held For Sale
Quantitative Information About Level 3 Fair Value Measurements
Cost to sell		10.00%
Weighted average | Residential mortgage loans
Quantitative Information About Level 3 Fair Value Measurements
Interest rate risk factor	2.30%	4.40%
Credit risk factor	1.20%	1.40%
Weighted average | Fixed | Servicing Rights
Quantitative Information About Level 3 Fair Value Measurements
Prepayment speed	11.20%	14.10%
OAS spread (bps)	5.28%	6.03%
Weighted average | Adjustable | Servicing Rights
Quantitative Information About Level 3 Fair Value Measurements
Prepayment speed	25.20%	27.80%
OAS spread (bps)	7.57%	7.13%

Fair Value Measurements (Differ

Fair Value Measurements (Difference Between the Aggregate Fair Value and the Aggregate Unpaid Principal Balance for Residential Mortgage Loans Measured at Fair Value) (Detail) - Residential mortgage loans - USD ($) $ in Millions	Mar. 31, 2017	Dec. 31, 2016
Aggregate fair value
Residential mortgage loans measured at fair value	$ 747	$ 829
Past due loans of 90 days or more	2	2
Nonaccrual loans	1	1
Aggregate unpaid principal balance
Residential mortgage loans measured at fair value	725	823
Past due loans of 90 days or more	2	2
Nonaccrual loans	1	1
Difference
Residential mortgage loans measured at fair value	22	6
Past due loans of 90 days or more	0	0
Nonaccrual loans	$ 0	$ 0

Fair Value Measurements (Carryi

Fair Value Measurements (Carrying Amounts and Estimated Fair Values for Certain Financial Instruments) (Detail) - USD ($) $ in Millions		Mar. 31, 2017		Dec. 31, 2016		Mar. 31, 2016	Dec. 31, 2015
Financial assets:
Cash and due from banks		$ 2,205	[1]	$ 2,392	[1]	$ 2,298	$ 2,540
Held-to-maturity securities, amortized cost	[2]	26		26
Other short-term investments		1,644		2,754
Loans held for sale	[3]	616		751
Portfolio loans and leases, net		90,390		90,845
Other securities, fair value	[4]	31,531		31,183
Held-to-maturity securities, fair value		26		26
Loans held for sale		606		686
Financial liabilities:
Deposits		104,156		103,821
Federal funds purchased		155		132
Other short-term borrowings		2,015		3,535
Long-term debt	[1]	13,658		14,388
Residential Mortgage
Financial assets:
Portfolio loans and leases at fair value		141				$ 160
Carrying (Reported) Amount, Fair Value Disclosure
Financial assets:
Cash and due from banks		2,205		2,392
Held-to-maturity securities, amortized cost		26		26
Other short-term investments		1,644		2,754
Loans held for sale		10		65
Portfolio loans and leases, net		90,249		90,702
Unallocated Allowance For Loan And Lease Losses		(112)		(112)
Financial liabilities:
Deposits		104,156		103,821
Federal funds purchased		155		132
Other short-term borrowings		2,015		3,535
Long-term debt		13,658		14,388
Carrying (Reported) Amount, Fair Value Disclosure | FHLB and FRB restricted stock holdings
Financial assets:
Other securities		608		607
Carrying (Reported) Amount, Fair Value Disclosure | Commercial and Industrial Loans | Commercial
Financial assets:
Portfolio loans and leases, net		40,362		40,958
Carrying (Reported) Amount, Fair Value Disclosure | Commercial Mortgage Loans | Commercial
Financial assets:
Portfolio loans and leases, net		6,838		6,817
Carrying (Reported) Amount, Fair Value Disclosure | Commercial Construction Loans | Commercial
Financial assets:
Portfolio loans and leases, net		4,268		3,887
Carrying (Reported) Amount, Fair Value Disclosure | Commercial Leases | Commercial
Financial assets:
Portfolio loans and leases, net		4,079		3,959
Carrying (Reported) Amount, Fair Value Disclosure | Residential Mortgage
Financial assets:
Portfolio loans and leases, net		15,099		14,812
Carrying (Reported) Amount, Fair Value Disclosure | Home Equity
Financial assets:
Portfolio loans and leases, net		7,415		7,637
Carrying (Reported) Amount, Fair Value Disclosure | Automobile Loans
Financial assets:
Portfolio loans and leases, net		9,530		9,941
Carrying (Reported) Amount, Fair Value Disclosure | Credit Card
Financial assets:
Portfolio loans and leases, net		1,975		2,135
Carrying (Reported) Amount, Fair Value Disclosure | Other Consumer Loans and Leases
Financial assets:
Portfolio loans and leases, net		795		668
Total Fair Value
Financial assets:
Cash and due from banks, fair value		2,205		2,392
Held-to-maturity securities, fair value		26		26
Other short term investments, fair value		1,644		2,754
Portfolio loans and leases at fair value		92,317		92,872
Financial liabilities:
Deposits, fair value		104,148		103,811
Federal funds purchased, fair value		155		132
Other short-term borrowings, fair value		2,015		3,535
Long term debt, fair value		14,135		14,833
Total Fair Value | Non Fair Value Option HFS Loans
Financial assets:
Loans held for sale		10		65
Total Fair Value | FHLB and FRB restricted stock holdings
Financial assets:
Other securities, fair value		608		607
Total Fair Value | Commercial and Industrial Loans | Commercial
Financial assets:
Portfolio loans and leases at fair value		41,567		41,976
Total Fair Value | Commercial Mortgage Loans | Commercial
Financial assets:
Portfolio loans and leases at fair value		6,776		6,735
Total Fair Value | Commercial Construction Loans | Commercial
Financial assets:
Portfolio loans and leases at fair value		4,238		3,853
Total Fair Value | Commercial Leases | Commercial
Financial assets:
Portfolio loans and leases at fair value		3,700		3,651
Total Fair Value | Residential Mortgage
Financial assets:
Portfolio loans and leases at fair value		15,459		15,415
Total Fair Value | Home Equity
Financial assets:
Portfolio loans and leases at fair value		8,194		8,421
Total Fair Value | Automobile Loans
Financial assets:
Portfolio loans and leases at fair value		9,246		9,640
Total Fair Value | Credit Card
Financial assets:
Portfolio loans and leases at fair value		2,307		2,503
Total Fair Value | Other Consumer Loans and Leases
Financial assets:
Portfolio loans and leases at fair value		830		678
Total Fair Value | Fair Value, Inputs, Level 1
Financial assets:
Cash and due from banks, fair value		2,205		2,392
Other short term investments, fair value		1,644		2,754
Financial liabilities:
Federal funds purchased, fair value		155		132
Long term debt, fair value		13,608		14,288
Total Fair Value | Fair Value, Inputs, Level 2
Financial liabilities:
Deposits, fair value		104,148		103,811
Other short-term borrowings, fair value		2,015		3,535
Long term debt, fair value		527		545
Total Fair Value | Fair Value, Inputs, Level 2 | FHLB and FRB restricted stock holdings
Financial assets:
Other securities, fair value		608		607
Total Fair Value | Fair Value, Inputs, Level 3
Financial assets:
Held-to-maturity securities, fair value		26		26
Portfolio loans and leases at fair value		92,317		92,872
Total Fair Value | Fair Value, Inputs, Level 3 | Non Fair Value Option HFS Loans
Financial assets:
Loans held for sale		10		65
Total Fair Value | Fair Value, Inputs, Level 3 | Commercial and Industrial Loans | Commercial
Financial assets:
Portfolio loans and leases at fair value		41,567		41,976
Total Fair Value | Fair Value, Inputs, Level 3 | Commercial Mortgage Loans | Commercial
Financial assets:
Portfolio loans and leases at fair value		6,776		6,735
Total Fair Value | Fair Value, Inputs, Level 3 | Commercial Construction Loans | Commercial
Financial assets:
Portfolio loans and leases at fair value		4,238		3,853
Total Fair Value | Fair Value, Inputs, Level 3 | Commercial Leases | Commercial
Financial assets:
Portfolio loans and leases at fair value		3,700		3,651
Total Fair Value | Fair Value, Inputs, Level 3 | Residential Mortgage
Financial assets:
Portfolio loans and leases at fair value		15,459		15,415
Total Fair Value | Fair Value, Inputs, Level 3 | Home Equity
Financial assets:
Portfolio loans and leases at fair value		8,194		8,421
Total Fair Value | Fair Value, Inputs, Level 3 | Automobile Loans
Financial assets:
Portfolio loans and leases at fair value		9,246		9,640
Total Fair Value | Fair Value, Inputs, Level 3 | Credit Card
Financial assets:
Portfolio loans and leases at fair value		2,307		2,503
Total Fair Value | Fair Value, Inputs, Level 3 | Other Consumer Loans and Leases
Financial assets:
Portfolio loans and leases at fair value		$ 830		$ 678
[1]	Includes $ 85 and $ 85 of cash and due from banks, $ 1,015 and $ 1,216 of portfolio loans and leases , $ (25) and $ (26) of ALLL, $ 7 and $ 9 of other assets, $ 2 and $ 3 of other liabilities , and $ 883 and $ 1,094 of long-term debt from consolidated VIEs that are included in their respective captions above at March 31, 2017 and December 31, 2016 , respectively. For further information refer to Note 10 .
[2]	Fair value of $ 26 and $ 26 at March 31, 2017 and December 31, 2016 , respectively.
[3]	Includes $ 606 and $ 686 of residential mortgage loans held for sale measured at fair value at March 31, 2017 and December 31, 2016 , respectively.
[4]	Amortized cost of $ 31,348 and $ 31,024 at March 31, 2017 and December 31, 2016 , respectively.

Segments (Results of Operations

Segments (Results of Operations and Average Assets by Segment - Additional Information) (Detail)	Mar. 31, 2017
Organization, Consolidation and Presentation of Financial Statements
Full-service Banking Centers	1,155

Segments (Results of Operati135

Segments (Results of Operations and Average Assets by Segment) (Detail) - USD ($) $ in Millions		3 Months Ended
		Mar. 31, 2017		Mar. 31, 2016		Dec. 31, 2016
Segment Reporting Information
Net interest income		$ 933		$ 903	[1]
Provision for (benefit from) loan and lease losses		74		119	[1]
Net interest income after provision for loan and lease losses		859		784	[1]
Total noninterest income		523		637	[1]
Total noninterest expense		986		986	[1]
Income (Loss) Before Income Taxes		396		435	[1]
Applicable income tax expense (benefit)		91		109	[1]
Net income (loss)		305		326	[1],[2]
Less: Net income attributable to noncontrolling interests		0		0	[1]
Net income (loss) attributable to Bancorp		305		326	[1],[3]
Dividends on preferred stock		15		15	[1],[3]
Net income (loss) available to common shareholders		290		311	[1],[3]
Total goodwill		2,419		2,416		$ 2,416
Total Assets		140,200		142,430		$ 142,177
Intersegment Elimination
Segment Reporting Information
Total noninterest income	[4]	(34)		(33)
Total noninterest expense		(34)		(33)
Commercial Banking
Segment Reporting Information
Net interest income		425		451
Provision for (benefit from) loan and lease losses		6		65
Net interest income after provision for loan and lease losses		419		386
Total noninterest income		202	[5]	223
Total noninterest expense		370		363
Income (Loss) Before Income Taxes		251		246
Applicable income tax expense (benefit)		40		35
Net income (loss)		211		211
Less: Net income attributable to noncontrolling interests		0		0
Net income (loss) attributable to Bancorp		211		211
Dividends on preferred stock		0		0
Net income (loss) available to common shareholders		211		211
Total goodwill		613		613
Total Assets		57,672		59,652
Branch Banking
Segment Reporting Information
Net interest income		430		426
Provision for (benefit from) loan and lease losses		42		34
Net interest income after provision for loan and lease losses		388		392
Total noninterest income		184	[6]	189	[7]
Total noninterest expense		402		411
Income (Loss) Before Income Taxes		170		170
Applicable income tax expense (benefit)		60		60
Net income (loss)		110		110
Less: Net income attributable to noncontrolling interests		0		0
Net income (loss) attributable to Bancorp		110		110
Dividends on preferred stock		0		0
Net income (loss) available to common shareholders		110		110
Total goodwill		1,655		1,655
Total Assets		57,876		54,528
Consumer Lending
Segment Reporting Information
Net interest income		61		60
Provision for (benefit from) loan and lease losses		15		12
Net interest income after provision for loan and lease losses		46		48
Total noninterest income		55		83
Total noninterest expense		120		118
Income (Loss) Before Income Taxes		(19)		13
Applicable income tax expense (benefit)		(7)		5
Net income (loss)		(12)		8
Less: Net income attributable to noncontrolling interests		0		0
Net income (loss) attributable to Bancorp		(12)		8
Dividends on preferred stock		0		0
Net income (loss) available to common shareholders		(12)		8
Total goodwill		0		0
Total Assets		21,994		22,475
Wealth and Asset Management
Segment Reporting Information
Net interest income		38		43
Provision for (benefit from) loan and lease losses		4		0
Net interest income after provision for loan and lease losses		34		43
Total noninterest income		106		100
Total noninterest expense		113		107
Income (Loss) Before Income Taxes		27		36
Applicable income tax expense (benefit)		10		13
Net income (loss)		17		23
Less: Net income attributable to noncontrolling interests		0		0
Net income (loss) attributable to Bancorp		17		23
Dividends on preferred stock		0		0
Net income (loss) available to common shareholders		17		23
Total goodwill		151		148
Total Assets		9,641		8,900
General Corporate and Other
Segment Reporting Information
Net interest income		(21)		(77)	[8]
Provision for (benefit from) loan and lease losses		7		8	[8]
Net interest income after provision for loan and lease losses		(28)		(85)	[8]
Total noninterest income		10		75	[8]
Total noninterest expense		15		20	[8]
Income (Loss) Before Income Taxes		(33)		(30)	[8]
Applicable income tax expense (benefit)		(12)		(4)	[8]
Net income (loss)		(21)		(26)	[8]
Less: Net income attributable to noncontrolling interests		0		0	[8]
Net income (loss) attributable to Bancorp		(21)		(26)	[8]
Dividends on preferred stock		15		15	[8]
Net income (loss) available to common shareholders		(36)		(41)	[8]
Total goodwill		0		0	[8]
Total Assets		$ (6,983)	[9]	$ (3,125)	[8],[10]
[1]	A net tax deficiency of $ 1 million was reclassified from capital surplus to applicable income tax expense and average common shares outstanding – diluted were adjusted at March 31, 2016, related to the early adoption of ASU 2016-09 during the fourth quarter of 2016, with an effective date of January 1, 2016.
[2]	A net tax deficiency of $1 million was reclassified from capital surplus to applicable income tax expense at March 31, 2016, related to the early adop tion of ASU 2016-09 during the fourth quarter of 2016, with an effective date of January 1, 2016.
[3]	A net tax deficiency of $1 million was reclassified from capital surplus to applicable income tax expense and average common shares outstanding – diluted were adjusted at March 31, 2016, related to the early adoption of ASU 2016-09 during the fourth quarter of 2016, with an effective date of January 1, 2016 .
[4]	Revenue sharing agreements between wealth and asset management and branch banking are eliminated in the Condensed Consolidated Statements of Income.
[5]	Includes impairment charges of $ 31 for operating lease equipment. For more information refer to Note 8 and Note 19.
[6]	Includes impairment charges of $3 for branches and land. For more information refer to Note 7 and Note 19.
[7]	Includes impairment charges of $ 2 for branches and land. For more information, refer to Note 7 and Note 19.
[8]	A net tax deficiency of $ 1 million was reclassified from capital surplus to applicable income tax expense at March 31, 2016, related to the early adoption of ASU 2016-09 during the fourth quarter of 2016, with an effective date of January 1, 2016.
[9]	Includes bank premises and equipment of $ 51 classified as h eld for sale. For more information, refer to Note 7
[10]	Includes bank premises and equipment of $ 68 classified as held for sale. For more information, refer to Note 7 .

Segments (Results of Operati136

Segments (Results of Operations and Average Assets by Segment) (Parenthetical) (Detail) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016		Dec. 31, 2016
Segment Reporting Information
Other Asset Impairment Charges	$ (20)	$ 0	[1]
Bank premises and equipment held for sale	51			$ 39
Net tax deficiency reclassified from capital surplus to applicable income tax expense		1
Branch Banking
Segment Reporting Information
Impairment of Branches and Land	3	2
Bank premises and equipment held for sale	51	68
Commercial Banking | Operating lease equipment
Segment Reporting Information
Other Asset Impairment Charges	$ 31
General Corporate and Other
Segment Reporting Information
Net tax deficiency reclassified from capital surplus to applicable income tax expense		$ 1
[1]	A net tax deficiency of $ 1 million was reclassified from capital surplus to applicable income tax expense at March 31, 2016, related to the early adoption of ASU 2016-09 during the fourth quarter of 2016, with an effective date of January 1, 2016.

Subsequent Event (Subsequent Ev

Subsequent Event (Subsequent Event - Additional Information) (Detail) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Subsequent Event
Shares acquired for treasury	$ 0	$ 240
Subsequent Event Date	Apr. 26, 2017
March 2016 Repurchase Program
Subsequent Event
Shares acquired for treasury	$ 342
Redemption Date	May 1, 2017
Settlement date	Jul. 26, 2017