Quarterly report pursuant to Section 13 or 15(d)

BORROWINGS

v3.23.1
BORROWINGS
 3 Months Ended
Mar. 31, 2023
Debt Disclosure [Abstract]  
BORROWINGS BORROWINGS
Borrowings with original maturities of one year or less are classified as short-term and were comprised of the following at March 31, 2023 and December 31, 2022, respectively: 
(dollar amounts in millions) At March 31, 2023 At December 31, 2022
Federal funds purchased and securities sold under agreements to repurchase $ 403  $ 253 
FHLB advances 6,450  1,700 
Other borrowings 45  74 
Total short-term borrowings $ 6,898  $ 2,027 
Huntington’s long-term debt consisted of the following at March 31, 2023 and December 31, 2022, respectively:
(dollar amounts in millions) At March 31, 2023 At December 31, 2022
The Parent Company:
Senior Notes $ 3,057  $ 3,005 
Subordinated Notes 768  975 
Total notes issued by the parent 3,825  3,980 
The Bank:
Senior Notes 4,309  4,272 
Subordinated Notes 659  651 
Total notes issued by the bank 4,968  4,923 
FHLB Advances 3,709  211 
Other 570  572 
Total long-term debt $ 13,072  $ 9,686