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Long-Term Debt (Tables)
12 Months Ended
Dec. 31, 2019
Debt Disclosure [Abstract]  
Summary of Long-Term Debt
(Dollars in millions)
 
December 31,
2019
 
December 31,
2018
Debt issued by MUAH
 
 
 
 
Senior debt:
 
 
 
 
Fixed rate 3.50% notes due June 2022
 
$
399

 
$
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 bore interest at 0.81% above 3-month LIBOR, had a rate of 3.58% at December 31, 2018
 

 
1,625

Floating rate debt due December 2022. This note, which bears interest at 0.90% above 3-month LIBOR, had a rate of 3.03% at December 31, 2019 and 3.67% at December 31, 2018
 
3,250

 
3,250

Floating rate debt due December 2022. This note, which bears interest at 0.97% above 3-month LIBOR, had a rate of 3.07% at December 31, 2019
 
125

 

Floating rate debt due December 2023. This note, which bears interest at 0.99% above 3-month LIBOR, had a rate of 3.12% at December 31, 2019 and 3.76% at December 31, 2018
 
1,625

 
1,625

Floating rate debt due December 2023. This note, which bears interest at 0.94% above 3-month LIBOR, had a rate of 2.82% at December 31, 2019

1,765

 

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 December 31, 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 3.59% at December 31, 2019 and 4.49% at December 31, 2018
 
37

 
36

Total debt issued by MUAH
 
7,622

 
7,355

Debt issued by MUB
 
 
 
 
Senior debt:
 
 
 
 
Fixed rate 2.10% notes due December 2022.
 
698

 

Floating rate debt due December 2022. These notes which bear interest at 0.71% above the Secured Overnight Financing Rate had a rate of 2.26% at December 31, 2019
 
300

 

Floating rate debt due March 2022. This note, which bears interest at 0.60% above 3-month LIBOR, had a rate of 2.49% at December 31, 2019
 
300

 

Variable rate FHLB of San Francisco advances due November 2020. These notes bear a combined weighted average rate of 1.90% at December 31, 2019
 
1,100

 

Fixed rate 2.25% notes due May 2019
 

 
498

Fixed rate 3.15% notes due April 2022
 
998

 

Fixed rate FHLB of San Francisco advances due between February 2020 and December 2023. These notes bear a combined weighted average rate of 2.95% at December 31, 2019 and 2.66% at December 31, 2018
 
5,500

 
9,100

Other
 
13

 
34

Total debt issued by MUB
 
8,909

 
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 1.94% at December 31, 2019 and 2.80% at December 31, 2018
 
250

 
250

Various fixed rate borrowings due between January 2020 and June 2023 with a weighted average interest rate of 2.22% (between1.68% and 2.44%) at December 31, 2019 and 1.82% (between 0.14% and 2.44%) at December 31, 2018
 
137

 
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 2.17% at December 31, 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 3.07% (between 1.96% and 3.72%) at December 31, 2019 and 3.05% at December 31, 2018
 
166

 
187

Other non-recourse debt:
 
 
 
 
Various floating rate non-recourse borrowings due December 2023. These notes, which bear interest above 1- or 3-month LIBOR had a weighted average interest rate of 3.93% at December 31, 2019 and 4.21% (between 4.17% and 4.48%) at December 31, 2018
 
13

 
89

Fixed rate non-recourse borrowings due December 2026 which had an interest rate of 5.34% at December 31, 2019 and December 31, 2018
 
29

 
33

Total debt issued by other MUAH subsidiaries
 
598

 
931

Total long-term debt
 
$
17,129

 
$
17,918