SHAREHOLDERS' EQUITY (Tables)

12 Months Ended

Dec. 31, 2020

Equity [Abstract]

Schedule of Stock by Class

The following is a summary of Huntington’s non-cumulative, non-voting, perpetual preferred stock outstanding as of December 31, 2020.

(dollar amounts in millions, share amounts in thousands)
Series	Issuance Date	Total Shares Outstanding	Carrying Amount		Dividend Rate		Earliest Redemption Date
Series B	12/28/2011	35,500	$	23	3-mo. LIBOR + 270 bps		1/15/2017
Series D	3/21/2016	400,000	386		6.25	%	4/15/2021
Series D	5/5/2016	200,000	199		6.25		4/15/2021
Series C	8/16/2016	100,000	100		5.875		10/15/2021
Series E	2/27/2018	5,000	495		5.70		4/15/2023
Series F	5/27/2020	5,000	494		5.625		7/15/2030
Series G	8/3/2020	5,000	494		4.45		10/15/2027
Total		750,500	$	2,191

Dividends Declared

The following table presents the dividends declared for each series of Preferred shares for the years ended December 31, 2020, 2019, and 2018:

(amounts in millions, except per share data)	Cash Dividend Declared Per Share
Preferred Series			Amount ($)
Year Ended December 31, 2020
Series B	$	35.91	$	(1)
Series C	58.76		(6)
Series D	62.50		(37)
Series E	5,700.00		(29)
Series F	3,468.75		(17)
Series G	1,915.97		(10)
			$	(100)
Year Ended December 31, 2019
Series B	$	51.22	$	(2)
Series C	58.76		(6)
Series D	62.50		(37)
Series E	5,700.00		(29)
			$	(74)
Year Ended December 31, 2018
Series B	$	49.11	$	(3)
Series C	58.76		(6)
Series D	62.50		(37)
Series E	4,892.50		(24)
			$	(70)