Other Securities Owned

12 Months Ended

Dec. 31, 2012

Other Securities Owned

5. Other Securities Owned

A summary of other securities owned is as follows:

December 31,	2012		2011
Schwab Funds® money market funds	$	329	$	332
Equity and bond mutual funds		217		183
State and municipal debt obligations		48		46
Equity, U.S. Government and corporate debt, and other securities		42		32
Total other securities owned	$	636	$	593

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 mutual fund investments held at CSC, investments made by the Company relating to its deferred compensation plan, and inventory maintained to facilitate certain Schwab Funds and third-party mutual fund clients’ transactions. State and municipal debt obligations, equity, U.S. Government and corporate debt, and other securities include securities held to meet clients’ trading activities.