BORROWINGS (Tables)

6 Months Ended

Jun. 30, 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 June 30, 2024		At December 31, 2023
Securities sold under agreements to repurchase	$	133	$	618
Other borrowings	54		2
Total short-term borrowings	$	187	$	620

Schedule of Long-term Debt Instruments

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

(dollar amounts in millions)	At June 30, 2024		At December 31, 2023
The Parent Company:
Senior Notes	$	5,409	$	4,233
Subordinated Notes	745		760
Total notes issued by the parent	6,154		4,993
The Bank:
Senior Notes	2,700		3,480
Subordinated Notes	664		662
Total notes issued by the bank	3,364		4,142
FHLB Advances	4,686		2,731
Auto Loan Securitization Trust (1)	1,265		—
Credit Linked Notes	480		—
Other	512		528
Total long-term debt	$	16,461	$	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.