Huntington Bancshares Incorporated Annual report pursuant to Section 13 and 15(d)

PREMISES AND EQUIPMENT

12 Months Ended

Dec. 31, 2022

Premises and equipment were comprised of the following:


	At December 31,
(dollar amounts in millions)	2022		2021
Land and land improvements	$	337	$	335
Buildings	776		807
Leasehold improvements	269		219
Equipment	896		852
Total premises and equipment	2,278		2,213
Less accumulated depreciation and amortization	(1,122)		(1,049)
Net premises and equipment	$	1,156	$	1,164

Depreciation and amortization charged to expense and rental income credited to net occupancy expense were as follows:


	Year Ended December 31,
(dollar amounts in millions)	2022		2021		2020
Total depreciation and amortization of premises and equipment	$	182	$	178	$	119
Rental income credited to net occupancy expense	10		9		10