Long-Term Debt (Tables)

6 Months Ended

Jun. 30, 2019

Debt Disclosure [Abstract]

Summary of Long-Term Debt

The following is a summary of the Company's long-term debt.

(Dollars in millions)	June 30, 2019		December 31, 2018
Debt issued by MUAH
Senior debt:
Fixed rate 3.50% notes due June 2022	$	398	$	398
Fixed rate 3.00% notes due February 2025	397		397
Senior debt due to MUFG Bank, Ltd:
Floating rate debt due December 2021. This note, which bears interest at 0.81% above 3-month LIBOR, had a rate of 3.24% at June 30, 2019 and 3.58% at December 31, 2018	1,625		1,625
Floating rate debt due December 2022. This note, which bears interest at 0.90% above 3-month LIBOR, had a rate of 3.33% at June 30, 2019 and 3.67% at December 31, 2018	3,250		3,250
Floating rate debt due December 2023. This note, which bears interest at 0.99% above 3-month LIBOR, had a rate of 3.42% at June 30, 2019 and 3.76% at December 31, 2018	1,625		1,625
Floating rate debt due December 2023. This note, which bears interest at 0.76% above 3-month EURIBOR, had a rate of 0.76% at June 30, 2019 and December 31, 2018	24		24
Junior subordinated debt payable to trusts:
Floating rate note due September 2036. This note had an interest rate of 4.11% at June 30, 2019 and 4.49% at December 31, 2018	37		36
Total debt issued by MUAH	7,356		7,355
Debt issued by MUB
Senior debt:
Floating rate debt due March 2022. This note, which bears interest at 0.60% above 3-month LIBOR, had a rate of 3.07% at June 30, 2019	299		—
Fixed rate 2.25% notes due May 2019	—		498
Fixed rate 3.15% notes due April 2022	997		—
Fixed rate FHLB of San Francisco advances due between July 2019 and December 2023. These notes bear a combined weighted average rate of 2.84% at June 30, 2019 and 2.66% at December 31, 2018	6,700		9,100
Other	37		34
Total debt issued by MUB	8,033		9,632
Debt issued by other MUAH subsidiaries
Senior debt due to MUFG Bank, Ltd:
Various floating rate borrowings due between December 2020 and May 2021. These notes, which bear interest above 3-month LIBOR had a weighted average interest rate of 2.33% at June 30, 2019 and 2.80% at December 31, 2018	250		250
Various fixed rate borrowings due between September 2019 and May 2024 with a weighted average interest rate of 1.79% (between 0.14% and 2.44%) at June 30, 2019 and 1.82% (between 0.14% and 2.44%) at December 31, 2018	205		244
Subordinated debt due to Affiliate:
Floating rate borrowings due March 2019. These notes, which bore interest above 6-month LIBOR had an interest rate of 4.13% at December 31, 2018	—		75
Non-recourse debt due to MUFG Bank, Ltd:
Various floating rate non-recourse borrowings due December 2021. These notes, which bear interest above 1- or 3-month LIBOR had a weighted average interest rate of 2.65% at June 30, 2019 and 4.09% (between 2.75% and 4.17%) at December 31, 2018	3		53
Fixed rate non-recourse borrowings due between March 2020 and July 2023 which had an interest rate of 3.05% (between 1.96% and 3.72%) at June 30, 2019 and 3.05% at December 31, 2018	174		187
Other non-recourse debt:
Various floating rate non-recourse borrowings due between July 2019 and February 2021. These notes, which bear interest above 1- or 3-month LIBOR had a weighted average interest rate of 4.60% (between 4.51% and 4.66%) at June 30, 2019 and 4.21% (between 4.17% and 4.48%) at December 31, 2018	16		89
Fixed rate non-recourse borrowings due December 2026 which had an interest rate of 5.34% at June 30, 2019 and December 31, 2018	31		33
Total debt issued by other MUAH subsidiaries	679		931
Total long-term debt	$	16,068	$	17,918