Other Securities Owned

12 Months Ended

Dec. 31, 2016

Other Securities Owned [Abstract]

Other Securities Owned

4.Other Securities Owned

A summary of other securities owned is as follows:

December 31,		2016		2015
Equity and bond mutual funds	$	272	$	205
Schwab Funds® money market funds		108		261
State and municipal debt obligations		41		50
Equity, U.S. Government and corporate debt, and other securities		28		17
Total other securities owned	$	449	$	533

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. The Company’s positions in Schwab Funds® money market funds arise from certain overnight funding of clients’ redemption, check-writing, and debit card activities. State and municipal debt obligations, equity, U.S. Government and corporate debt, and other securities include securities held to meet clients’ trading activities.