v3.22.0.1
Long-Term Borrowings (Tables)
12 Months Ended
Dec. 31, 2021
Long-term Borrowings [Abstract]  
Schedule of Long-term Debt Instruments
Long-term borrowings at December 31 consist of the following:
20212020
 (In millions)
Regions Financial Corporation (Parent):
3.20% senior notes due February 2021$— $360 
3.80% senior notes due August 2023— 997 
2.25% senior notes due May 2025746 744 
1.80% senior notes due August 2028645 
7.75% subordinated notes due September 2024100 100 
6.75% subordinated debentures due November 2025154 155 
7.375% subordinated notes due December 2037298 298 
Valuation adjustments on hedged long-term debt(34)64 
1,909 2,718 
Regions Bank:
2.75% senior notes due April 2021— 190 
3 month LIBOR plus 0.38% of floating rate senior notes due April 2021— 66 
6.45% subordinated notes due June 2037496 496 
Ascentium note securitizations— 97 
Other long-term debt
498 851 
Total consolidated$2,407 $3,569 
Schedule of Maturities of Long-term Debt
The aggregate amount of contractual maturities of all long-term debt in each of the next five years and thereafter is as follows:
 Year Ended December 31
 Regions
Financial
Corporation
(Parent)
Regions
Bank
 (In millions)
2022$— $— 
2023— — 
2024100 — 
2025879 — 
2026— — 
Thereafter930 498 
$1,909 $498