Reed City, Michigan ?
Chanhassen, Minnesota – Bakeries & Foodservice segment ?
Hannibal, Missouri ?
Joplin, Missouri – Bakeries & Foodservice segment ?
Vineland, New Jersey ?
Albuquerque, New Mexico ?
Buffalo, New York ?
Martel, Ohio – Bakeries & Foodservice segment ?
Wellston, Ohio ?
Murfreesboro, Tennessee ?
Milwaukee, Wisconsin We own flour mills at eight locations: Vallejo, California (not currently operating); Vernon, California; Avon, Iowa; Minneapolis, Minnesota (2); Kansas City, Missouri; Great Falls, Montana; and Buffalo, New York.
We also operate six terminal grain elevators (in Minnesota and Wisconsin, two of which are leased), and have country grain elevators in seven locations (primarily in Idaho), plus additional seasonal elevators (primarily in Idaho).
We also own or lease warehouse space aggregating approximately 12.2 million square feet, of which approximately 9.6 million square feet are leased.
We lease a number of sales and administrative offices in the United States, Canada and elsewhere around the world, totaling approximately 2.8 million square feet.
ITEM 3 LEGAL PROCEEDINGS We are the subject of various pending or threatened legal actions in the ordinary course of our business.
All such matters are subject to many uncertainties and outcomes that are not predictable with assurance.
In our management’s opinion, there were no claims or litigation pending as of May 28, 2006, that are reasonably likely to have a material adverse effect on our consolidated financial position or results of operations.
ITEM 4 SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS Part II ITEM 5 MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES Our common stock is listed on the New York Stock Exchange.
On July 14, 2006, there were approximately 34,675 record holders of our common stock.
Information regarding the market prices for our common stock and dividend payments for the two most recent fiscal years is set forth in Note Eighteen to the Consolidated Financial Statements on page 53 in Item Eight of this report.
Information regarding restrictions on our ability to pay dividends in certain situations is set forth in Note Eight to the Consolidated Financial Statements on pages 43 and 44 in Item Eight of this report.
The following table sets forth information with respect to shares of our common stock that we purchased during the three fiscal months ended May 28, 2006: Issuer Purchases of Equity Securities
## Table 0 ##
(a) The total number of shares purchased includes: (i) 231,500 shares purchased from the ESOP fund of our 401(k) savings plan; (ii) 8,338 shares of restricted stock withheld for the payment of withholding taxes upon vesting of restricted stock; and (iii) 1,499,500 shares purchased in the open market.
(b) On February 21, 2000, we announced that our Board of Directors authorized us to repurchase up to 170 million shares of our common stock to be held in our treasury.
The Board did not specify a time period or an expiration date for the authorization.
Table 24 - Economic Value Sensitivity
## Table 1 ##
(1) At December 31, 2012.
(2) Tangible assets excluding ALLL.
(3) Tangible liabilities excluding AULC.
MSR (This section should be read in conjunction with Note 6 of the Notes to the Consolidated Financial Statements. )
At December 31, 2012, we had $120.7 million of capitalized MSRs representing the right to service $15.6 billion in mortgage loans.
Of this $120.7 million, $35.2 million was recorded using the fair value method, and $85.5 million was recorded using the amortization method.
MSR fair values are very sensitive to movements in interest rates as expected future net servicing income depends on the projected outstanding principal balances of the underlying loans, which can be greatly reduced by prepayments.
Prepayments usually increase when mortgage interest rates decline and decrease when mortgage interest rates rise.
We have employed strategies to reduce the risk of MSR fair value changes or impairment.
In addition, we engage a third party to provide valuation tools and assistance with our strategies with the objective to decrease the volatility from MSR fair value changes.
However, volatile changes in interest rates can diminish the effectiveness of these hedges.
We typically report MSR fair value adjustments net of hedge-related trading activity in the mortgage banking income category of noninterest income.
Changes in fair value between reporting dates are recorded as an increase or a decrease in mortgage banking income.
MSRs recorded using the amortization method generally relate to loans originated with historically low interest rates, resulting in a lower probability of prepayments and, ultimately, impairment.
MSR assets are included in other assets in the Consolidated Balance Sheets.
Price Risk Price risk represents the risk of loss arising from adverse movements in the prices of financial instruments that are carried at fair value and subject to fair value accounting.
We have price risk from trading securities, securities owned by our broker-dealer subsidiaries, foreign exchange positions, equity investments, investments in mortgage-backed securities, and marketable equity securities held by our insurance subsidiaries.
We have established loss limits on the trading portfolio, the amount of foreign exchange exposure that can be maintained, and the amount of marketable equity securities that can be held by the insurance subsidiaries.
Liquidity Risk Liquidity risk is the risk of loss due to the possibility that funds may not be available to satisfy current or future commitments resulting from external macro market issues, investor and customer perception of financial strength, and events unrelated to us, such as war, terrorism, or financial institution market specific issues.
In addition, the mix and maturity structure of Huntington’s balance sheet, amount of cash on-hand and unencumbered securities, and the availability of contingent sources of funding, can have an impact on Huntington’s ability to satisfy current or future funding commitments.
We manage liquidity risk at both the Bank and the parent company.
The following table presents risk-weighted assets and other financial data necessary to calculate certain financial ratios, including the Tier 1 common equity ratio, which we use to measure capital adequacy: Table 35 - Consolidated Capital Adequacy
## Table 2 ##
Tangible common equity / RWA ratio(2) 10.20 9.75 9.26 7.04 4.39 (1)Intangible assets are net of deferred tax liability and calculated assuming a 35% tax rate.
(2)Tangible equity, Tier 1 common equity, tangible common equity, and tangible assets are non-GAAP financial measures.
Additionally, any ratios utilizing these financial measures are also non-GAAP.
These financial measures have been included as they are considered to be critical metrics with which to analyze and evaluate financial condition and capital strength.
Other companies may calculate these financial measures differently.
Our Tier 1 common equity risk-based ratio improved 48 basis points to 10.48% at December 31, 2012, compared with 10.00% at December 31, 2011.
This increase primarily reflected the combination of an increase in retained earnings and a reduction in the disallowed tax deferred asset, partially offset by an increase in risk-weighted assets of $1.9 billion, the repurchase of 23.3 million common shares, and the impacts related to the payments of dividends.

<table><tr><td>Period</td><td>TotalNumberof SharesPurchased<sup>(a)</sup></td><td>AveragePrice PaidPer Share</td><td>Total Numberof SharesPurchased asPart of aPubliclyAnnouncedProgram</td><td>MaximumNumberof Sharesthat may yetbe PurchasedUndertheProgram<sup>(b)</sup></td></tr><tr><td>February 27, 2006 through April 2, 2006</td><td>111,772</td><td>$49.55</td><td>–</td><td>–</td></tr><tr><td>April 3, 2006 through April 30, 2006</td><td>445,466</td><td>$49.06</td><td>–</td><td>–</td></tr><tr><td>May 1, 2006 through May 28, 2006</td><td>1,182,100</td><td>$49.79</td><td>–</td><td>–</td></tr><tr><td>Total</td><td>1,739,338</td><td>$49.59</td><td>–</td><td>–</td></tr></table>
<table><tr><td></td><td>Percent of Total Net Tangible Assets -1</td><td colspan="3">Percent Change in Economic Value For a Given Change in Interest Rates Over / (Under) Base Case Parallel Shocks</td></tr><tr><td>Basis point change scenario</td><td></td><td>-25</td><td>+100</td><td>+200</td></tr><tr><td>Total loans</td><td>73%</td><td>0.4%</td><td>-1.6%</td><td>-3.3%</td></tr><tr><td>Total investments and other earning assets</td><td>18</td><td>0.7</td><td>-3.3</td><td>-6.9</td></tr><tr><td>Total net tangible assets -2</td><td></td><td>0.4</td><td>-1.9</td><td>-3.9</td></tr><tr><td>Total deposits</td><td>83</td><td>-0.4</td><td>1.7</td><td>3.2</td></tr><tr><td>Total borrowings</td><td>5</td><td>-0.1</td><td>0.4</td><td>0.8</td></tr><tr><td>Total net tangible liabilities -3</td><td></td><td>-0.4</td><td>1.6</td><td>3.1</td></tr></table>
<table><tr><td></td><td colspan="5">December 31,</td></tr><tr><td> <i>(dollar amounts in millions)</i> </td><td>2012</td><td>2011</td><td>2010</td><td>2009</td><td>2008</td></tr><tr><td>Consolidated capital calculations:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Common shareholders’ equity</td><td>$5,404</td><td>$5,032</td><td>$4,618</td><td>$3,648</td><td>$5,351</td></tr><tr><td>Preferred shareholders’ equity</td><td>386</td><td>386</td><td>363</td><td>1,688</td><td>1,878</td></tr><tr><td>Total shareholders’ equity</td><td>5,790</td><td>5,418</td><td>4,981</td><td>5,336</td><td>7,229</td></tr><tr><td>Goodwill</td><td>-444</td><td>-444</td><td>-444</td><td>-444</td><td>-3,055</td></tr><tr><td>Other intangible assets</td><td>-132</td><td>-175</td><td>-229</td><td>-289</td><td>-357</td></tr><tr><td>Other intangible asset deferred tax liability<sup>-1</sup></td><td>46</td><td>61</td><td>80</td><td>101</td><td>125</td></tr><tr><td>Total tangible equity<sup>-2</sup></td><td>5,260</td><td>4,860</td><td>4,388</td><td>4,704</td><td>3,942</td></tr><tr><td>Preferred shareholders’ equity</td><td>-386</td><td>-386</td><td>-363</td><td>-1,688</td><td>-1,878</td></tr><tr><td>Total tangible common equity<sup>-2</sup></td><td>$4,874</td><td>$4,474</td><td>$4,025</td><td>$3,016</td><td>$2,064</td></tr><tr><td>Total assets</td><td>$56,153</td><td>$54,451</td><td>$53,820</td><td>$51,555</td><td>$54,353</td></tr><tr><td>Goodwill</td><td>-444</td><td>-444</td><td>-444</td><td>-444</td><td>-3,055</td></tr><tr><td>Other intangible assets</td><td>-132</td><td>-175</td><td>-229</td><td>-289</td><td>-357</td></tr><tr><td>Other intangible asset deferred tax liability<sup>-1</sup></td><td>46</td><td>61</td><td>80</td><td>101</td><td>125</td></tr><tr><td>Total tangible assets<sup>-2</sup></td><td>$55,623</td><td>$53,893</td><td>$53,227</td><td>$50,923</td><td>$51,066</td></tr><tr><td>Tier 1 capital</td><td>$5,741</td><td>$5,557</td><td>$5,022</td><td>$5,201</td><td>$5,036</td></tr><tr><td>Preferred shareholders’ equity</td><td>-386</td><td>-386</td><td>-363</td><td>-1,688</td><td>-1,878</td></tr><tr><td>Trust-preferred securities</td><td>-299</td><td>-532</td><td>-570</td><td>-570</td><td>-736</td></tr><tr><td>REIT-preferred stock</td><td>-50</td><td>-50</td><td>-50</td><td>-50</td><td>-50</td></tr><tr><td>Tier 1 common equity<sup>-2</sup></td><td>$5,006</td><td>$4,589</td><td>$4,039</td><td>$2,893</td><td>$2,372</td></tr><tr><td>Risk-weighted assets (RWA)</td><td>$47,773</td><td>$45,891</td><td>$43,471</td><td>$42,816</td><td>$46,994</td></tr><tr><td>Tier 1 common equity / RWA ratio<sup>-2</sup></td><td>10.48%</td><td>10.00%</td><td>9.29%</td><td>6.76%</td><td>5.05%</td></tr><tr><td>Tangible equity / tangible asset ratio<sup>-2</sup></td><td>9.46</td><td>9.02</td><td>8.24</td><td>9.24</td><td>7.72</td></tr><tr><td>Tangible common equity / tangible asset ratio<sup>-2</sup></td><td>8.76</td><td>8.30</td><td>7.56</td><td>5.92</td><td>4.04</td></tr><tr><td>Tangible common equity / RWA ratio<sup>-2</sup></td><td>10.20</td><td>9.75</td><td>9.26</td><td>7.04</td><td>4.39</td></tr></table>

Question: what is the total cash spent to purchase back all shares in 2006?