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Long-Term Debt (Tables)
6 Months Ended
Jun. 30, 2021
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,
2021
December 31,
2020
Debt issued by MUAH
Senior debt:
Fixed rate 3.50% notes due June 2022$400 $399 
Fixed rate 3.00% notes due February 2025398 398 
Senior debt due to MUFG Bank, Ltd:
Floating rate debt due December 2023. This note, which bears interest at 0.99% above 3-month LIBOR, had a rate of 1.10% at June 30, 2021 and 1.23% at December 31, 20201,625 1,625 
Floating rate debt due December 2023. This note, which bears interest at 0.94% above 3-month LIBOR, had a rate of 1.05% at June 30, 2021 and 1.15% at December 31, 20201,765 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 June 30, 2021 and 0.76% at December 31, 202026 27 
Floating rate debt due March 2024. This note, which bears interest at 0.76% above 3-month LIBOR, had a rate of 0.88% at June 30, 2021 and 0.98% at December 31, 2020775 775 
Floating rate debt due June 2024. This note, which bears interest at 0.79% above 3-month LIBOR, had a rate of 0.91% at June 30, 2021 and 1.00% at December 31, 2020750 750 
Floating rate debt due September 2024. This note, which bears interest at 0.82% above 3-month LIBOR, had a rate of 0.94% at June 30, 2021 and 1.03% at December 31, 2020750 750 
Floating rate debt due December 2024. This note, which bears interest at 0.84% above 3-month LIBOR, had a rate of 0.96% at June 30, 2021 and 1.06% at December 31, 2020750 750 
Floating rate debt due March 2024. This note, which bears interest at 0.66% above 3-month LIBOR, had a rate of 0.78% at June 30, 202190 — 
Junior subordinated debt payable to trusts:
Floating rate note due September 2036. This note had an interest rate of 1.92% at December 31, 2020— 37 
Total debt issued by MUAH7,329 7,276 
Debt issued by MUB
Senior debt:
Fixed rate 2.10% notes due December 2022699 699 
Floating rate debt due December 2022. These notes, which bear interest at 0.71% above SOFR, had a rate of 0.76% at June 30, 2021 and 0.78% at December 31, 2020300 300 
Floating rate debt due March 2022. This note, which bears interest at 0.60% above 3-month LIBOR, had a rate of 0.73% at June 30, 2021 and 0.83% at December 31, 2020300 300 
Fixed rate 3.15% notes due April 2022998 998 
Fixed rate FHLB of San Francisco advances due between November 2021 and September 2026. These notes bear a combined weighted average rate of 2.37% at June 30, 2021 and 2.76% at December 31, 20204,074 4,575 
Other13 12 
Total debt issued by MUB6,384 6,884 
Debt issued by other MUAH subsidiaries
Senior debt due to MUFG Bank, Ltd:
Various fixed rate borrowings due between August 2021 and September 2027 with a weighted average interest rate of 1.45% (between 1.23% and 2.44%) at June 30, 2021 and 1.48% (between 1.23% and 2.44%) at December 31, 2020312 323 
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 an interest rate of 1.01% at June 30, 2021 and 0.51% at December 31, 2020
Fixed rate non-recourse borrowings due between July 2022 and July 2023 with a weighted average interest rate of 3.20% (between 2.18% and 3.72%) at June 30, 2021 and 3.15% (between 1.96% and 3.72%) at December 31, 202093 119 
Other non-recourse debt:
Fixed rate 5.34% non-recourse borrowings due December 202624 26 
Total debt issued by other MUAH subsidiaries432 471 
Total long-term debt$14,145 $14,631