Borrowings (Tables)

12 Months Ended

Dec. 31, 2017

Debt Disclosure [Abstract]

Long-term Debt Including Unamortized Debt Discounts and Premiums

ong-term debt by instrument outstanding as of December 31, 2017 and 2016.

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	Date of	Principal Amount Outstanding
	Issuance	2017			2016
Fixed-Rate Senior Notes:
1.500% due March 10, 2018 (1)	03/10/15	$	625		$	625
2.200% due July 25, 2018	07/25/13	275			275
4.450% due July 22, 2020	07/22/10	700			700
3.225% due September 1, 2022	08/29/12	256			256
2.650% due January 25, 2023	12/07/17	800			—
3.000% due March 10, 2025	03/10/15	375			375
3.450% due February 13, 2026	11/13/15	350			350
3.200% due March 2, 2027	03/02/17	650			—
3.200% due January 25, 2028	12/07/17	700			—
Total fixed-rate senior notes		4,731			2,581
6.375% Medium-Term Notes		—			250
5.450% Finance lease obligation (2)	06/04/04	61			68
Unamortized discount, net		(14		)	(13		)
Debt issuance costs		(25		)	(10		)
Total long-term debt		$	4,753		$	2,876

⁽¹⁾ Redeemed on February 8, 2018. See Note 25.

⁽²⁾ Schwab has a finance lease obligation related to an office building and land under a 20-year lease. The remaining finance lease obligation is being reduced by a portion of the lease payments over the remaining lease term through June 30, 2024.

Annual Maturities on Long-term Debt Outstanding

Annual maturities on long-term debt outstanding at December 31, 2017, are as follows:

2018	$	908
2019	8
2020	709
2021	9
2022	266
Thereafter	2,892
Total maturities	4,792
Unamortized discount, net	(14		)
Debt issuance costs	(25		)
Total long-term debt	$	4,753