Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Changes in Shareholders' Equity

v3.23.2
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 1,003           999 999  
Income attributable to non-controlling interest 4               4
Other comprehensive income (loss), net of tax (1,869)         (1,869)   (1,869)  
Cash dividends declared:                  
Common (454)           (454) (454)  
Preferred (56)           (56) (56)  
Recognition of the fair value of share-based compensation 63     63       63  
Other share-based compensation activity (in shares)     4,845,000            
Other share-based compensation activity (24)   $ 0 (24)     0 (24)  
Other (in shares)         (393,000)        
Other (2)       $ (6)   0 (6) 4
Balance, end of period at Jun. 30, 2022 17,979 2,167 $ 14 15,261 $ (85) (2,098) 2,691 17,950 29
Balance, end of period, common stock (in shares) at Jun. 30, 2022     1,448,885,000            
Balance, end of period, treasury stock (in shares) at Jun. 30, 2022         (6,691,000)        
Balance, beginning of period at Mar. 31, 2022 18,481 2,167 $ 14 15,255 $ (78) (1,314) 2,408 18,452 29
Balance, beginning of period, common stock (in shares) at Mar. 31, 2022     1,445,386,000            
Balance, beginning of period, treasury stock (in shares) at Mar. 31, 2022         (6,211,000)        
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income 541           539 539 2
Income attributable to non-controlling interest 2                
Other comprehensive income (loss), net of tax (784)         (784)   (784)  
Cash dividends declared:                  
Common (228)           (228) (228)  
Preferred (28)           (28) (28)  
Recognition of the fair value of share-based compensation 23     23       23  
Other share-based compensation activity (in shares)     3,499,000            
Other share-based compensation activity (17)     (17)       (17)  
Other (in shares)         (480,000)        
Other (9)       $ (7)     (7) (2)
Balance, end of period at Jun. 30, 2022 17,979 2,167 $ 14 15,261 $ (85) (2,098) 2,691 17,950 29
Balance, end of period, common stock (in shares) at Jun. 30, 2022     1,448,885,000            
Balance, end of period, treasury stock (in shares) at Jun. 30, 2022         (6,691,000)        
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 $ 1,171           1,161 1,161  
Income attributable to non-controlling interest 10               10
Other comprehensive income (loss), net of tax 92         92   92  
Net proceeds from issuance of Series J Preferred Stock (in shares)   317,000,000              
Net proceeds from issuance of Series J preferred stock 317             317  
Cash dividends declared:                  
Common (456)           (456) (456)  
Preferred (69)           (69) (69)  
Recognition of the fair value of share-based compensation 48     48       48  
Other share-based compensation activity (in shares)     5,922,000            
Other share-based compensation activity (24)   $ 1 (22)     (3) (24)  
Other (in shares)         (1,108,000)        
Other (10)     0 $ (12) 0 0 (12) 2
Balance, end of period at Jun. 30, 2023 $ 18,838 $ 2,484 $ 15 15,335 $ (92) (3,006) 4,052 18,788 50
Balance, end of period, common stock (in shares) at Jun. 30, 2023 1,447,882,434   1,455,312,000            
Balance, end of period, treasury stock (in shares) at Jun. 30, 2023 (7,429,675)       (7,430,000)        
Balance, beginning of period at Mar. 31, 2023 $ 18,811 2,484 $ 15 15,332 $ (82) (2,755) 3,764 18,758 53
Balance, beginning of period, common stock (in shares) at Mar. 31, 2023     1,450,080,000            
Balance, beginning of period, treasury stock (in shares) at Mar. 31, 2023         (6,465,000)        
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income 565           559 559 6
Income attributable to non-controlling interest 6                
Other comprehensive income (loss), net of tax (251)         (251)   (251)  
Cash dividends declared:                  
Common (228)           (228) (228)  
Preferred (40)           (40) (40)  
Recognition of the fair value of share-based compensation 23     23       23  
Other share-based compensation activity (in shares)     5,232,000            
Other share-based compensation activity (23)   $ 0 (20)     (3) (23)  
Other (in shares)         (965,000)        
Other (19)       $ (10)     (10) (9)
Balance, end of period at Jun. 30, 2023 $ 18,838 $ 2,484 $ 15 $ 15,335 $ (92) $ (3,006) $ 4,052 $ 18,788 $ 50
Balance, end of period, common stock (in shares) at Jun. 30, 2023 1,447,882,434   1,455,312,000            
Balance, end of period, treasury stock (in shares) at Jun. 30, 2023 (7,429,675)       (7,430,000)