Annual report pursuant to Section 13 and 15(d)

DERIVATIVE FINANCIAL INSTRUMENTS - Narrative (Details)

v3.8.0.1
DERIVATIVE FINANCIAL INSTRUMENTS - Narrative (Details) - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Derivative [Line Items]      
Increase (decrease) to net interest income due to derivative adjustment $ 23 $ 72 $ 108
Gross amounts of recognized liabilities (less than) 331 371  
Purchase of interest rate caps and derivative financial instruments, notional value 8,375 10,800  
Notional amount corresponds to trading liabilities, fair value 3    
Total notional amount corresponds to trading assets, fair value (less than) 1    
Credit risks from interest rate swaps used for trading purposes 119 196  
Aggregate credit risk, net of collateral 30 26  
Investment securities and cash collateral pledged by Huntington 122    
Investment securities and cash collateral pledged to Huntington $ 75    
Derivative liabilities
The following table presents additional information about the interest rate swaps used in Huntington’s asset and liability management activities at December 31, 2017 and December 31, 2016:
 
December 31, 2017
 
 
 
 
 
 
 
Weighted-Average
Rate
(dollar amounts in millions)
Notional Value
 
Average Maturity (years)
 
Fair Value
 
Receive
 
Pay
Asset conversion swaps
 
 
 
 
 
 
 
 
 
Receive fixed—generic
$
—

 
0
 
$
—

 
—
%
 
—
%
Liability conversion swaps
 
 
 
 
 
 
 
 
 
Receive fixed—generic
8,375

 
2.5
 
(99
)
 
1.56

 
1.44

Total swap portfolio at December 31, 2017
$
8,375

 
2.5
 
$
(99
)
 
1.56
%
 
1.44
%
 
 
 
 
 
 
 
 
 
 
 
December 31, 2016
 
 
 
 
 
 
 
Weighted-Average
Rate
(dollar amounts in millions)
Notional Value
 
Average Maturity (years)
 
Fair Value
 
Receive
 
Pay
Asset conversion swaps
 
 
 
 
 
 
 
 
 
Receive fixed—generic
$
3,325

 
0.6
 
$
(2
)
 
1.04
%
 
0.91
%
Liability conversion swaps
 
 
 
 
 
 
 
 
 
Receive fixed—generic
7,475

 
3.1
 
(52
)
 
1.49

 
0.88

Total swap portfolio at December 31, 2016
$
10,800

 
2.3
 
$
(54
)
 
1.35
%
 
0.89
%
   
Swap      
Derivative [Line Items]      
Gross amounts of recognized liabilities (less than) $ 1    
Derivative liabilities 5    
Derivative used in trading activity      
Derivative [Line Items]      
Net derivative asset (liability) $ 88 80  
Derivative financial instruments used by Huntington on behalf of customers including offsetting derivatives, notional value 22,000 21,000  
Derivative used in Mortgage Banking Activities      
Derivative [Line Items]      
Gross amounts of recognized liabilities (less than) 0 (3)  
Purchase of interest rate caps and derivative financial instruments, notional value 188 308  
Gains (losses) related to derivative instruments Included in total MSR $ 1 $ (1) $ (2)