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Financial Statements of HSBC USA Inc. (Parent) (Tables)
 12 Months Ended
Dec. 31, 2025
Condensed Financial Information Disclosure [Abstract]  
Condensed Balance Sheet
Condensed parent company financial statements follow:
Balance Sheet
At December 31,		20252024
 (in millions)
Assets:
Receivables and balances due from subsidiaries$14,124 $14,782 
Receivables and balances due from other HSBC affiliates6,072 5,055 
Investment in subsidiaries:
Banking16,256 15,789 
Other250 250 
Other assets238 244 
Total assets$36,940 $36,120 
Liabilities:
Interest, taxes and other liabilities$60 $94 
Payables due to subsidiaries16 4 
Payables due to other HSBC affiliates91 57 
Short-term borrowings4,058 5,660 
Long-term debt(1)
10,139 9,428 
Long-term debt due to other HSBC affiliates(1)
10,137 8,388 
Total liabilities24,501 23,631 
Total equity12,439 12,489 
Total liabilities and equity$36,940 $36,120 
(1)Contractual scheduled maturities for the debt over the next five years are as follows: 2026 – $2.5 billion; 2027 – $3.4 billion; 2028 – $5.8 billion; 2029 – $1.7 billion; 2030 – $3.4 billion; and thereafter – $3.5 billion.
Schedule of Condensed Income (Loss)
Statements of Income and Comprehensive Income
Year Ended December 31,		202520242023
 (in millions)
Income:
Dividends from banking subsidiaries$1,429 $1,195 $1,940 
Dividends from other subsidiaries30 20 15 
Interest from subsidiaries430 532 526 
Interest from other HSBC affiliates282 214 194 
Other income from other HSBC Affiliates682 258 951 
Other income (loss)(673)(270)(961)
Total income2,180 1,949 2,665 
Expenses:
Interest to subsidiaries— — 54 
Interest to other HSBC Affiliates444 214 172 
Other interest expense834 1,107 1,091 
Other expenses with subsidiaries12 17 13 
Other expenses with other HSBC Affiliates3 1 — 
Other expenses2 — 2 
Total expenses1,295 1,339 1,332 
Income before taxes and equity in undistributed income (loss) of subsidiaries885 610 1,333 
Income tax benefit(122)(129)(143)
Income before equity in undistributed income (loss) of subsidiaries1,007 739 1,476 
Equity in undistributed income (loss) of subsidiaries94 86 (1,083)
Net income$1,101 $825 $393 
Other comprehensive income393 154 649 
Comprehensive income$1,494 $979 $1,042 
Schedule of Condensed Cash Flow Statement
Statement of Cash Flows
Year Ended December 31,		202520242023
 (in millions)
Cash flows from operating activities:
Net income$1,101 $825 $393 
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization3 5 3 
Net change in other assets and liabilities409 (123)794 
Undistributed (income) loss of subsidiaries(94)(86)1,083 
Other, net(9)(3)(9)
Cash provided by operating activities1,410 618 2,264 
Cash flows from investing activities:
Net change in investments in and balances due from subsidiaries696 (515)(889)
Net change in balances due from other HSBC affiliates(1,022)(2,395)875 
Cash used in investing activities(326)(2,910)(14)
Cash flows from financing activities:
Net change in deposits from other HSBC affiliates9 (32)41 
Net change in short-term borrowings(1,602)220 (878)
Issuance of long-term debt12,760 9,254 4,546 
Repayment of long-term debt(10,707)(7,021)(4,435)
Other decreases in capital surplus(26)(13)(8)
Dividends paid(1,518)(116)(1,516)
Cash provided by (used in) financing activities(1,084)2,292 (2,250)
Net change in cash and due from banks and interest bearing deposits with banks— — — 
Cash and due from banks and interest bearing deposits with banks at beginning of year— — — 
Cash and due from banks and interest bearing deposits with banks at end of year$— $— $— 
Cash paid for:
Interest$1,283 $1,289 $1,178