Consolidated Statement of Cash Flows (Unaudited) (USD $) In Millions	6 Months Ended
	Jun. 30, 2011		Jun. 30, 2010
Cash flows from operating activities
Net loss	$ (69)		$ (1,124)
Income (loss) from discontinued operations	(5)		51
Loss from continuing operations	(64)		(1,175)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:
Provision for credit losses	1,563		3,461
Gain on receivable sales to HSBC affiliates	(261)		(258)
Loss on sale of real estate owned, including lower of cost or market adjustments	59		11
Insurance policy and claim reserves	(8)		(28)
Depreciation and amortization	86		90
Impairment of internally developed software	40
Mark-to-market on debt designated at fair value and related derivatives	107		(186)
Originations of loans held for sale	(16,711)		(16,580)
Sales and collections on loans held for sale	16,972		16,841
Foreign exchange and derivative movements on long-term debt and net change in non-FVO related derivative assets and liabilities	425		(1,880)
Net change in other assets	(144)		2,905
Net change in other liabilities	248		(7)
Lower of cost or fair value on receivables held for sale			(2)
Other, net	173		302
Cash provided by operating activities-continuing operations	2,485		3,494
Cash provided by operating activities-discontinued operations	178		288
Net cash provided by operating activities	2,663		3,782
Securities:
Purchased	(548)		(529)
Matured	143		176
Sold	449		111
Net change in short-term securities available-for-sale	(183)		231
Net change in securities purchased under agreements to resell	1,544		(2,366)
Net change in interest bearing deposits with banks	3		2
Receivables:
Net collections	2,136		2,884
Purchases and related premiums	(24)		(21)
Proceeds from sales of real estate owned	962		628
Purchases of properties and equipment	(2)		(7)
Cash provided by investing activities-continuing operations	4,480		1,109
Cash provided by investing activities-discontinued operations			1,479
Net cash provided by investing activities	4,480		2,588
Debt:
Net change in commercial paper	526		(555)
Net change in due to affiliates	(94)		(1,513)
Long-term debt issued	227		353
Long-term debt retired	(7,656)		(4,625)
Insurance:
Policyholders' benefits paid	(49)		(39)
Cash received from policyholders	29		33
Capital contribution from parent			200
Shareholder's dividends	(65)		(18)
Net cash used in financing activities-continuing operations	(7,082)		(6,164)
Net cash used in financing activities-discontinued operations			(288)
Net cash used in financing activities	(7,082)		(6,452)
Net change in cash	61		(82)
Cash at beginning of period	175	[1]	311	[1]
Cash at end of period	236		229
Supplemental Noncash Investing and Capital Activities:
Fair value of properties added to real estate owned	$ 647		$ 834

[1] Cash at beginning of period includes $22 million for discontinued operations as of January 1, 2010.