Long-Term Debt (Tables)

6 Months Ended

Jun. 30, 2014

Long-Term Debt

Summary of Long-Term Debt

(Dollars in millions)	June 30, 2014		December 31, 2013
Debt issued by MUFG Americas Holdings Corporation
Senior debt:
Fixed rate 3.50% notes due June 2022	$	397	$	397
Subordinated debt:
Floating rate subordinated debt due December 2023. This note, which bears interest at 1.38% above 3-month LIBOR, had a rate of 1.61% at June 30, 2014 and 1.63% at December 31, 2013		300		300
Junior subordinated debt payable to trusts(1):
Floating rate notes with maturities ranging from March 2033 to September 2036. These notes bear a combined weighted-average rate of 2.57% at June 30, 2014 and 2.60% at December 31, 2013		66		66
Total debt issued by MUFG Americas Holdings Corporation		763		763
Debt issued by MUFG Union Bank, N.A. and other subsidiaries
Senior debt:
Fixed and floating Federal Home Loan Bank advances with maturities ranging from February 2015 to February 2016. These notes bear a combined weighted-average rate of 2.56% at June 30, 2014 and 2.55% at December 31, 2013	$	800	$	800
Floating rate notes due June 2014. These notes, which bear interest at 0.95% above 3-month LIBOR, had a rate of 1.19% at December 31, 2013		—		300
Fixed rate 3.00% notes due June 2016		699		699
Fixed rate 1.50% notes due September 2016		499		499
Floating rate notes due September 2016. These notes, which bear interest at 0.75% above 3-month LIBOR, had a rate of 0.98% at June 30, 2014 and 1.00% at December 31, 2013		500		500
Fixed rate 2.125% notes due June 2017		499		499
Fixed rate 2.625% notes due September 2018		1,000		1,000
Fixed rate 2.250% notes due May 2019		502		—
Floating rate notes due May 2017. These notes, which bear interest at 0.40% above 3-month LIBOR, had a rate of 0.62% at June 30, 2014		250		—
Note payable:
Fixed rate 6.03% notes due July 2014 (related to consolidated VIE)		4		4
Subordinated debt:
Fixed rate 5.95% notes due May 2016		715		718
Subordinated debt due to BTMU:
Floating rate subordinated debt due June 2023. This note, which bears interest at 1.2% above 3-month LIBOR, had a rate of 1.43% at June 30, 2014 and 1.45% at December 31, 2013		750		750
Capital lease obligations with a combined weighted-average interest rate of 4.88% at both June 30, 2014 and December 31, 2013		14		15
Total debt issued by MUFG Union Bank, N.A. and other subsidiaries		6,232		5,784
Total long-term debt	$	6,995	$	6,547

(1)

Long-term debt assumed through PCBC acquisition