Quarterly report pursuant to Section 13 or 15(d)

BORROWINGS

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BORROWINGS
 6 Months Ended
Jun. 30, 2022
Debt Disclosure [Abstract]  
BORROWINGS
8. BORROWINGS
Borrowings with original maturities of one year or less are classified as short-term and were comprised of the following at June 30, 2022 and December 31, 2021, respectively: 
(dollar amounts in millions) June 30,
2022		 December 31,
2021
Federal funds purchased and securities sold under agreements to repurchase $ 325  $ 320 
Federal Home Loan Bank advances 2,500  — 
Other borrowings 223  14 
Total short-term borrowings $ 3,048  $ 334 
Huntington’s long-term debt consisted of the following at June 30, 2022 and December 31, 2021, respectively:
(dollar amounts in millions) June 30,
2022		 December 31,
2021
The Parent Company:
Senior Notes $ 2,389  $ 2,083 
Subordinated Notes 1,009  1,028 
Total notes issued by the parent 3,398  3,111 
The Bank:
Senior Notes 3,036  2,434 
Subordinated Notes 671  811 
Total notes issued by the bank 3,707  3,245 
FHLB Advances 213  215 
Other 548  537 
Total long-term debt $ 7,866  $ 7,108 

In May 2022, the Bank issued $500 million of senior notes at 99.8% of face value. The senior notes mature on May 16, 2025 and have a fixed coupon rate of 4.01%.
In May 2022, the Bank issued $800 million of senior notes at 99.7% of face value. The senior notes mature on May 17, 2028 and have a fixed coupon rate of 4.55%.
In May 2022, the Bank issued $300 million of senior notes at 99.8% of face value. The senior notes mature on May 16, 2025 and have a floating rate equal to SOFR plus 119 basis points resetting quarterly.
In May 2022, Huntington issued $400 million of senior notes at 100% of face value. The senior notes mature on May 17, 2033 and have a fixed coupon rate of 5.02%.