Long-Term Debt (Tables)

12 Months Ended

Dec. 31, 2015

Long-term Debt, Unclassified [Abstract]

Schedule of long-term debt instruments

The composition of long-term debt is presented in the following table. Interest rates on floating rate notes are determined periodically by formulas based on certain money market rates or, in certain instances, by minimum interest rates as specified in the agreements governing the issues. Interest rates and maturity dates in effect at December 31, 2015 are shown in the below table.

				At December 31,
	Maturity date(s)	Interest Rate(s)		2015		2014
				(in millions)
Issued or acquired by HSBC USA:
Senior debt:
Fixed-rate notes	2017-2024	1.30% - 2.75%		$	11,412	$	8,224
Floating-rate notes	2016-2019	0.50% - 1.59%		2,747		5,196
Structured notes	2016-2045	0.17% - 2.91%		7,009		6,379
Total senior debt				21,168		19,799
Subordinated debt:
Fixed-rate notes	2020-2097	5.00% - 9.30%		1,170		1,170
Floating-rate notes	2025	2.61	%	850		—
Total subordinated debt				2,020		1,170
Junior subordinated fixed-rate debentures issued to capital trusts				—		560
Total issued or acquired by HSBC USA				23,188		21,529
Issued or acquired by HSBC Bank USA and its subsidiaries:
Senior debt:
Floating-rate notes	2019-2036	0.15% - 1.70%		6		6
Structured notes	2016-2040	0.43% - 1.96%		165		259
FHLB advances - floating-rate	2017-2036	0.67% - 1.00%		5,600		1,000
Total senior debt				5,771		1,265
Subordinated fixed-rate notes	2017-2039	4.86% - 7.00%		4,458		4,638
Long term debt issued by VIE - fixed-rate	2018	17.20%		92		92
Total issued or acquired by HSBC Bank USA and its subsidiaries				10,321		5,995
Total long-term debt				$	33,509	$	27,524

Maturities of long-term debt

Maturities of long-term debt at December 31, 2015 were as follows:

	(in millions)
2016	$	2,877
2017	5,597
2018	8,860
2019	2,789
2020	6,471
Thereafter	6,915
Total	$	33,509