OTHER COMPREHENSIVE INCOME (Tables)
|6 Months Ended|
Jun. 30, 2022
|Components of other comprehensive income||
The components of Huntington’s OCI for the three-month and six-month periods ended June 30, 2022 and 2021, were as follows:
(1)Foreign investments are deemed to be permanent in nature and, therefore, Huntington does not provide for taxes on foreign currency translation adjustments.
|Activity in accumulated other comprehensive income, net of tax||
Activity in accumulated OCI for the three-month and six-month periods ended June 30, 2022 and 2021, were as follows:
(1)AOCI amounts at June 30, 2022 and June 30, 2021 include $73 million and $48 million, respectively, of net unrealized losses (after-tax) 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.
Tabular disclosure of the components of accumulated other comprehensive income (loss).
Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
Tabular disclosure of components of comprehensive income (loss). Includes, but is not limited to, foreign currency translation adjustments, foreign currency transactions designated as economic hedges of a net investment in foreign entity, gain (loss) and prior service cost (credit) for pension plans and other postretirement benefit plans.
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef