Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Changes in Shareholders' Equity (Unaudited)

v3.24.3
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 1,723 1,708           1,708 15
Other comprehensive income, net of tax (524) (524)         (524)    
Net proceeds from issuance of Series J preferred stock 317 317 317            
Cash dividends declared:                  
Common (683) (683)           (683)  
Preferred (106) (106)           (106)  
Recognition of the fair value of share-based compensation 73 73     73        
Other share-based compensation activity (22) (22)   $ 1 (19)     (4)  
Other share-based compensation activity (in shares)       6,077,000          
Other (17) (11)       $ (11)   0 (6)
Other (in shares)           (1,070,000)      
Balance, end of period at Sep. 30, 2023 18,530 18,483 2,484 $ 15 15,363 $ (91) (3,622) 4,334 47
Balance, end of period, common stock (in shares) at Sep. 30, 2023       1,455,467,000          
Balance, end of period, treasury stock (in shares) at Sep. 30, 2023           (7,392,000)      
Balance, beginning of period at Jun. 30, 2023 18,838 18,788 2,484 $ 15 15,335 $ (92) (3,006) 4,052 50
Balance, beginning of period, common stock (in shares) at Jun. 30, 2023       1,455,312,000          
Balance, beginning of period, treasury stock (in shares) at Jun. 30, 2023           (7,430,000)      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income 552 547           547 5
Other comprehensive income, net of tax (616) (616)         (616)    
Cash dividends declared:                  
Common (228) (228)           (228)  
Preferred (37) (37)           (37)  
Recognition of the fair value of share-based compensation 26 26     26        
Other share-based compensation activity 2 2   $ 0 2     0  
Other share-based compensation activity (in shares)       155,000          
Other (7) 1     0 $ 1   0 (8)
Other (in shares)           38,000      
Balance, end of period at Sep. 30, 2023 18,530 18,483 2,484 $ 15 15,363 $ (91) (3,622) 4,334 47
Balance, end of period, common stock (in shares) at Sep. 30, 2023       1,455,467,000          
Balance, end of period, treasury stock (in shares) at Sep. 30, 2023           (7,392,000)      
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 $ 1,426 1,410           1,410 16
Other comprehensive income, net of tax 572 572         572    
Cash dividends declared:                  
Common (687) (687)           (687)  
Preferred (107) (107)           (107)  
Recognition of the fair value of share-based compensation 81 81     81        
Other share-based compensation activity (18) (18)   $ 0 (15)     (3)  
Other share-based compensation activity (in shares)       4,263,000          
Other (13) 2     0 $ 2   0 (15)
Other (in shares)           229,000      
Balance, end of period at Sep. 30, 2024 $ 20,652 20,606 2,394 $ 15 15,455 $ (89) (2,104) 4,935 46
Balance, end of period, common stock (in shares) at Sep. 30, 2024 1,452,811,392     1,459,986,000          
Balance, end of period, treasury stock (in shares) at Sep. 30, 2024 (7,174,374)         (7,174,000)      
Balance, beginning of period at Jun. 30, 2024 $ 19,563 19,515 2,394 $ 15 15,425 $ (90) (2,911) 4,682 48
Balance, beginning of period, common stock (in shares) at Jun. 30, 2024       1,459,756,000          
Balance, beginning of period, treasury stock (in shares) at Jun. 30, 2024           (7,323,000)      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income 522 517           517 5
Other comprehensive income, net of tax 807 807         807    
Cash dividends declared:                  
Common (229) (229)           (229)  
Preferred (36) (36)           (36)  
Recognition of the fair value of share-based compensation 28 28     28        
Other share-based compensation activity 3 3   $ 0 2     1  
Other share-based compensation activity (in shares)       230,000          
Other (6) 1     0 $ 1   0 (7)
Other (in shares)           149,000      
Balance, end of period at Sep. 30, 2024 $ 20,652 $ 20,606 $ 2,394 $ 15 $ 15,455 $ (89) $ (2,104) $ 4,935 $ 46
Balance, end of period, common stock (in shares) at Sep. 30, 2024 1,452,811,392     1,459,986,000          
Balance, end of period, treasury stock (in shares) at Sep. 30, 2024 (7,174,374)         (7,174,000)