Quarterly report pursuant to Section 13 or 15(d)

BORROWINGS

v3.23.2
BORROWINGS
 6 Months Ended
Jun. 30, 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 June 30, 2023 and December 31, 2022, respectively: 
(dollar amounts in millions) At June 30, 2023 At December 31, 2022
Federal funds purchased and securities sold under agreements to repurchase $ 646  $ 253 
FHLB advances 1,000  1,700 
Other borrowings 34  74 
Total short-term borrowings $ 1,680  $ 2,027 
Huntington’s long-term debt consisted of the following at June 30, 2023 and December 31, 2022, respectively:
(dollar amounts in millions) At June 30, 2023 At December 31, 2022
The Parent Company:
Senior Notes $ 2,908  $ 3,005 
Subordinated Notes 751  975 
Total notes issued by the parent 3,659  3,980 
The Bank:
Senior Notes 4,146  4,272 
Subordinated Notes 651  651 
Total notes issued by the bank 4,797  4,923 
FHLB Advances 5,708  211 
Other 547  572 
Total long-term debt $ 14,711  $ 9,686