Pension and Other Postretirement Benefits

3 Months Ended

Mar. 31, 2015

Compensation and Retirement Disclosure [Abstract]

Pension and Other Postretirement Benefits

Pension and Other Postretirement Benefits

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 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 March 31,	2015			2014
	(in millions)
Service cost – benefits earned during the period	$	1		$	1
Interest cost on projected benefit obligation	12			13
Expected return on assets	(16		)	(14		)
Amortization of net actuarial loss	7			6
Pension expense	$	4		$	6

During the first quarter of 2015, HSBC North America made an additional contribution of $46 million to the Plan.

Postretirement Plans Other Than Pensions The components of our net postretirement benefit cost are as follows:

Three Months Ended March 31,	2015		2014
	(in millions)
Interest cost	$	1	$	2
Net periodic postretirement benefit cost	$	1	$	2