Pension and Other Postretirement Benefits (Tables)

9 Months Ended

Sep. 30, 2014

Pension Plan, Defined Benefit [Member]

Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]

Components of Pension Expense for Defined Benefit Pension Plan

The components of pension expense for the defined benefit pension plan recorded in our consolidated statement of income and shown in the table below reflect the portion of the pension expense of the combined HSBC North America Pension Plan (either the “HSBC North America Pension Plan” or the “Plan”) which has been allocated to us.

	Three Months Ended September 30,						Nine Months Ended September 30,
	2014			2013			2014			2013
	(in millions)
Service cost – benefits earned during the period	$	1		$	2		$	3		$	6
Interest cost on projected benefit obligation	12			14			37			42
Expected return on assets	(16		)	(16		)	(45		)	(52		)
Recognized losses	6			8			19			30
Pension expense	$	3		$	8		$	14		$	26

Other Postretirement Benefit Plan, Defined Benefit [Member]

Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]

Components of Pension Expense for Defined Benefit Pension Plan

The components of net periodic benefit cost for our postretirement plans other than pension are as follows:

	Three Months Ended September 30,				Nine Months Ended September 30,
	2014		2013		2014		2013
	(in millions)
Service cost – benefits earned during the period	$	—	$	—	$	—	$	—
Interest cost	2		2		6		6
Net periodic postretirement benefit cost	$	2	$	2	$	6	$	6