Annual report pursuant to Section 13 and 15(d)

OTHER COMPREHENSIVE INCOME (Tables)

v3.19.3.a.u2
OTHER COMPREHENSIVE INCOME (Tables)
 12 Months Ended
Dec. 31, 2019
Equity [Abstract]  
Components of Accumulated Other Comprehensive Income
The components of Huntington’s OCI in the three years ended December 31, 2019, 2018, and 2017, were as follows:
 
2019
 
Tax (expense)
(dollar amounts in millions)
Pretax
 
Benefit
 
After-tax
Unrealized holding gains (losses) on available-for-sale securities arising during the period
$
403

 
$
(89
)
 
$
314

Less: Reclassification adjustment for realized net losses (gains) included in net income
26

 
(5
)
 
21

Net change in unrealized holding gains (losses) on available-for-sale securities
429

 
(94
)
 
335

Net change in fair value on cash flow hedges
26

 
(3
)
 
23

Net change in pension and other post-retirement obligations
(7
)
 
2

 
(5
)
Total other comprehensive income (loss)
$
448

 
$
(95
)
 
$
353

 
2018
 
 
 
Tax (expense)
 
 
(dollar amounts in millions)
Pretax
 
Benefit
 
After-tax
Unrealized holding gains (losses) on available-for-sale securities arising during the period
$
(151
)
 
$
35

 
$
(116
)
Less: Reclassification adjustment for realized net losses (gains) included in net income
41

 
(9
)
 
32

Net change in unrealized holding gains (losses) on available-for-sale securities
(110
)
 
26

 
(84
)
Net change in pension and other post-retirement obligations
4

 
—

 
4

Total other comprehensive income (loss)
$
(106
)
 
$
26

 
$
(80
)
 
2017
 
 
 
Tax (expense)
 
 
(dollar amounts in millions)
Pretax
 
Benefit
 
After-tax
Noncredit-related impairment recoveries (losses) on debt securities not expected to be sold
$
4

 
$
(2
)
 
$
2

Unrealized holding gains (losses) on available-for-sale debt securities
arising during the period
(87
)
 
31

 
(56
)
Less: Reclassification adjustment for net gains (losses) included in net income
26

 
(9
)
 
17

Net change in unrealized holding gains (losses) on available-for-sale debt securities
(57
)
 
20

 
(37
)
Net change in unrealized holding gains (losses) on available-for-sale equity securities
1

 
(1
)
 
—

Unrealized gains and losses on derivatives used in cash flow hedging relationships
arising during the period
3

 
(1
)
 
2

Less: Reclassification adjustment for net losses (gains) losses included in net income
1

 
—

 
1

Net change in unrealized gains (losses) on derivatives used in cash flow hedging relationships
4

 
(1
)
 
3

Net change in pension and post-retirement obligations
—

 
—

 
—

Total other comprehensive income (loss)
$
(52
)
 
$
18

 
$
(34
)

Activity in Accumulated Other Comprehensive Income
Activity in accumulated OCI for the two years ended December 31, 2019 and 2018 were as follows:
(dollar amounts in millions)
Unrealized
gains (losses) on
debt
securities (1)
 
Change in fair value related to cash flow hedges
 
Unrealized
gains (losses) for
pension and other
 post-retirement
obligations
 
Total
December 31, 2017
$
(278
)
 
$
—

 
$
(250
)
 
$
(528
)
Cumulative-effect adjustments (ASU 2016-01)
(1
)
 
 
 
 
 
(1
)
Other comprehensive income before reclassifications
(116
)
 
—

 
—

 
(116
)
Amounts reclassified from accumulated OCI to earnings
32

 
—

 
4

 
36

Period change
(84
)
 
—

 
4

 
(80
)
December 31, 2018
(363
)
 
—

 
(246
)
 
(609
)
Other comprehensive income before reclassifications
314

 
23

 
—

 
337

Amounts reclassified from accumulated OCI to earnings
21

 
—

 
(5
)
 
16

Period change
335

 
23

 
(5
)
 
353

December 31, 2019
$
(28
)
 
$
23

 
$
(251
)
 
$
(256
)
(1)
AOCI amounts at December 31, 2019, 2018, and 2017 include $121 million, $137 million, and $95 million, respectively, net of unrealized losses on securities transferred from the available-for-sale securities portfolio to the held-to-maturity securities portfolio. The net unrealized losses will be recognized in earnings over the remaining life of the security using the effective interest method.
Reclassification Out Of Accumulated OCI .