BORROWINGS (Tables)

3 Months Ended

Mar. 31, 2024

Debt Disclosure [Abstract]

Schedule of Short-term Debt

Borrowings with original maturities of one year or less are classified as short-term and were comprised of the following:

(dollar amounts in millions)	At March 31, 2024		At December 31, 2023
Securities sold under agreements to repurchase	$	134	$	618
Other borrowings	48		2
Total short-term borrowings	$	182	$	620

Schedule of Long-term Debt Instruments

Huntington’s long-term debt consisted of the following:

(dollar amounts in millions)	At March 31, 2024		At December 31, 2023
The Parent Company:
Senior Notes	$	5,423	$	4,233
Subordinated Notes	748		760
Total notes issued by the parent	6,171		4,993
The Bank:
Senior Notes	3,452		3,480
Subordinated Notes	661		662
Total notes issued by the bank	4,113		4,142
FHLB Advances	2,699		2,731
Auto Loan Securitization Trust (1)	1,401		—
Other	510		528
Total long-term debt	$	14,894	$	12,394

(1)     Represents secured borrowings collateralized by auto loans with a weighted average rate of 5.38% due through 2029. See Note 14 - “Variable Interest Entities” for additional information.