Other Securities Owned

12 Months Ended

Dec. 31, 2015

Other Securities Owned [Abstract]

Other Securities Owned

4.Other Securities Owned

A summary of other securities owned is as follows:

December 31,		2015		2014
Schwab Funds® money market funds	$	261	$	224
Equity and bond mutual funds		205		215
State and municipal debt obligations		50		51
Equity, U.S. Government and corporate debt, and other securities		17		26
Total other securities owned	$	533	$	516

The Company’s positions in Schwab Funds® money market funds arise from certain overnight funding of clients’ redemption, check-writing, and debit card activities. Equity and bond mutual funds include inventory maintained to facilitate certain Schwab Funds and third-party mutual fund clients’ transactions, and investments made by the Company relating to its deferred compensation plan. State and municipal debt obligations, equity, U.S. Government and corporate debt, and other securities include securities held to meet clients’ trading activities.