Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Changes in Shareholders' Equity (Unaudited)

v3.24.2
Consolidated Statements of Changes in Shareholders' Equity (Unaudited) - USD ($)
$ in Millions
Total
Huntington Shareholders’ Equity
Preferred Stock
Common Stock
Capital Surplus
Treasury Stock
AOCI
Retained Earnings
Non-controlling Interest
Balance, beginning of period at Dec. 31, 2022 $ 17,769 $ 17,731 $ 2,167 $ 14 $ 15,309 $ (80) $ (3,098) $ 3,419 $ 38
Balance, beginning of period, common stock (in shares) at Dec. 31, 2022       1,449,390,000          
Balance, beginning of period, treasury stock (in shares) at Dec. 31, 2022           (6,322,000)      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income 1,171 1,161           1,161 10
Other comprehensive income (loss), net of tax 92 92         92    
Net proceeds from issuance of Series J preferred stock 317 317 317            
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) (24)   $ 1 (22)     (3)  
Other (in shares)           (1,108,000)      
Other (10) (12)       $ (12)   0 2
Balance, end of period at Jun. 30, 2023 18,838 18,788 2,484 $ 15 15,335 $ (92) (3,006) 4,052 50
Balance, end of period, common stock (in shares) at Jun. 30, 2023       1,455,312,000          
Balance, end of period, treasury stock (in shares) at Jun. 30, 2023           (7,430,000)      
Balance, beginning of period at Mar. 31, 2023 18,811 18,758 2,484 $ 15 15,332 $ (82) (2,755) 3,764 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
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) (23)   $ 0 (20)     (3)  
Other (in shares)           (965,000)      
Other (19) (10)       $ (10)     (9)
Balance, end of period at Jun. 30, 2023 18,838 18,788 2,484 $ 15 15,335 $ (92) (3,006) 4,052 50
Balance, end of period, common stock (in shares) at Jun. 30, 2023       1,455,312,000          
Balance, end of period, treasury stock (in shares) at Jun. 30, 2023           (7,430,000)      
Balance, beginning of period at Dec. 31, 2023 $ 19,398 19,353 2,394 $ 15 15,389 $ (91) (2,676) 4,322 45
Balance, beginning of period, common stock (in shares) at Dec. 31, 2023 1,448,319,953     1,455,723,000          
Balance, beginning of period, treasury stock (in shares) at Dec. 31, 2023 (7,403,008)         (7,403,000)      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income $ 904 893           893 11
Other comprehensive income (loss), net of tax (235) (235)         (235)    
Cash dividends declared:                  
Common (458) (458)           (458)  
Preferred (71) (71)           (71)  
Recognition of the fair value of share-based compensation 53 53     53        
Other share-based compensation activity (in shares)       4,033,000          
Other share-based compensation activity (21) (21)   $ 0 (17)     (4)  
Other (in shares)           80,000      
Other (7) 1     0 $ 1   0 (8)
Balance, end of period at Jun. 30, 2024 $ 19,563 19,515 2,394 $ 15 15,425 $ (90) (2,911) 4,682 48
Balance, end of period, common stock (in shares) at Jun. 30, 2024 1,452,432,838     1,459,756,000          
Balance, end of period, treasury stock (in shares) at Jun. 30, 2024 (7,322,727)         (7,323,000)      
Balance, beginning of period at Mar. 31, 2024 $ 19,373 19,322 2,394 $ 15 15,407 $ (91) (2,879) 4,476 51
Balance, beginning of period, common stock (in shares) at Mar. 31, 2024       1,456,668,000          
Balance, beginning of period, treasury stock (in shares) at Mar. 31, 2024           (7,414,000)      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income 480 474           474 6
Other comprehensive income (loss), net of tax (32) (32)         (32)    
Cash dividends declared:                  
Common (230) (230)           (230)  
Preferred (35) (35)           (35)  
Recognition of the fair value of share-based compensation 33 33     33        
Other share-based compensation activity (in shares)       3,088,000          
Other share-based compensation activity (18) (18)   $ 0 (15)     (3)  
Other (in shares)           91,000      
Other (8) 1     0 $ 1     (9)
Balance, end of period at Jun. 30, 2024 $ 19,563 $ 19,515 $ 2,394 $ 15 $ 15,425 $ (90) $ (2,911) $ 4,682 $ 48
Balance, end of period, common stock (in shares) at Jun. 30, 2024 1,452,432,838     1,459,756,000          
Balance, end of period, treasury stock (in shares) at Jun. 30, 2024 (7,322,727)         (7,323,000)