Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Changes in Shareholders' Equity

v3.23.1
Consolidated Statements of Changes in Shareholders' Equity - USD ($)
$ in Millions
Total
Preferred Stock
Common Stock
Capital Surplus
Treasury Stock
AOCI
Retained Earnings
Huntington Shareholders’ Equity
Non-controlling Interest
Balance, beginning of period at Dec. 31, 2021 $ 19,318 $ 2,167 $ 14 $ 15,222 $ (79) $ (229) $ 2,202 $ 19,297 $ 21
Balance, beginning of period, common stock (in shares) at Dec. 31, 2021     1,444,040,000            
Balance, beginning of period, treasury stock (in shares) at Dec. 31, 2021         (6,298,000)        
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income 462           460 460 2
Other comprehensive income (loss), net of tax (1,085)         (1,085)   (1,085)  
Cash dividends declared:                  
Common (226)           (226) (226)  
Preferred (28)           (28) (28)  
Recognition of the fair value of share-based compensation 40     40       40  
Other share-based compensation activity (in shares)     1,346,000            
Other share-based compensation activity (7)     (7)       (7)  
Other (in shares)         87,000        
Other 7       $ 1     1 6
Balance, end of period at Mar. 31, 2022 18,481 2,167 $ 14 15,255 $ (78) (1,314) 2,408 18,452 29
Balance, end of period, common stock (in shares) at Mar. 31, 2022     1,445,386,000            
Balance, end of period, treasury stock (in shares) at Mar. 31, 2022         (6,211,000)        
Balance, beginning of period at Dec. 31, 2022 $ 17,769 2,167 $ 14 15,309 $ (80) (3,098) 3,419 17,731 38
Balance, beginning of period, common stock (in shares) at Dec. 31, 2022 1,443,068,036   1,449,390,000            
Balance, beginning of period, treasury stock (in shares) at Dec. 31, 2022 (6,322,052)       (6,322,000)        
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income $ 606           602 602 4
Other comprehensive income (loss), net of tax 343         343   343  
Net proceeds from issuance of Series J preferred stock 317 317           317  
Cash dividends declared:                  
Common (228)           (228) (228)  
Preferred (29)           (29) (29)  
Recognition of the fair value of share-based compensation 25     25       25  
Other share-based compensation activity (in shares)     690,000            
Other share-based compensation activity (1)   $ 1 (2)       (1)  
Other (in shares)         (143,000)        
Other 9       $ (2)     (2) 11
Balance, end of period at Mar. 31, 2023 $ 18,811 $ 2,484 $ 15 $ 15,332 $ (82) $ (2,755) $ 3,764 $ 18,758 $ 53
Balance, end of period, common stock (in shares) at Mar. 31, 2023 1,443,614,966   1,450,080,000            
Balance, end of period, treasury stock (in shares) at Mar. 31, 2023 (6,465,176)       (6,465,000)