Company: FITBI
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0000035527-25-000171
Chunk: 100

Company: FIFTH THIRD BANCORP
Filing Date: 2025-08-05
Form: 10-Q
Item: Item 8
Chunk 100
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, 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 regulations 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, and changes in equity for the three and six months ended June 30, 2025 and 2024 and the cash flows for the six months ended June 30, 2025 and 2024 are not necessarily indicative of the results to be expected for the full year. Financial information as of December 31, 2024 has been derived from the Bancorp’s Annual Report on Form 10-K.The preparation of financial statements in conformity 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.

2.  Supplemental Cash Flow Information

Cash payments related to interest and income taxes, non-cash investing and financing activities as well as supplemental disclosures related to lease cash flows are presented in the following table for the six months ended June 30:($ in millions)20252024Cash Payments:Interest$2,017 2,492 Income taxes18 79 Transfers:Portfolio loans and leases to loans and leases held for sale$138 135 Loans and leases held for sale to portfolio loans and leases2 2 Portfolio loans and leases to OREO11 9 Bank premises and equipment to OREO12 6 Available-for-sale debt securities to held-to-maturity securities(a)— 11,593 Supplemental Disclosures:Net additions to lease liabilities under operating leases$100 41 Net additions to lease liabilities under finance leases— 45 Lease payments received for operating lease equipment41 54 Cash Paid for Amounts Included in the Measurement of Lease Liabilities:(b)Operating cash flows from operating leases$48 47 Operating cash flows from finance leases 3 3 Financing cash flows from finance leases 8 9 (a)Represents the fair value of the securities on the date of transfer. Refer to Note 4 for additional information.(b)The cash flows related to short