Consolidated Statement of Income (Loss) (USD $) In Millions, unless otherwise specified	12 Months Ended
	Dec. 31, 2011	Dec. 31, 2010	Dec. 31, 2009
Finance and other interest income	$ 4,124	$ 5,000	$ 6,139
Interest expense on debt held by:
Interest expense	2,348	2,911	3,613
Net interest income	1,776	2,089	2,526
Provision for credit losses	4,418	5,346	7,904
Net interest income (loss) after provision for credit losses	(2,642)	(3,257)	(5,378)
Other revenues:
Insurance revenue	246	274	334
Investment income	127	99	108
Net other-than-temporary impairment losses(1)			(25)	[1]
Derivative related income (expense)	(1,146)	(379)	300
Gain (loss) on debt designated at fair value and related derivatives	1,164	741	(2,125)
Servicing and other fees from HSBC affiliates	21	36	111
Other income (expense)	27	41	89
Total other revenues	439	812	(1,208)
Operating expenses:
Salaries and employee benefits	187	261	663
Occupancy and equipment expenses, net	52	56	116
Real estate owned expenses	206	274	199
Other servicing and administrative expenses	620	440	432
Support services from HSBC affiliates	311	275	317
Goodwill and other intangible impairment charges			274
Policyholders' benefits	155	152	197
Total operating expenses	1,531	1,458	2,198
Loss from continuing operations before income tax benefit	(3,734)	(3,903)	(8,784)
Income tax benefit	1,424	1,359	2,867
Loss from continuing operations	(2,310)	(2,544)	(5,917)
Discontinued Operations (Note 3);
Income (loss) from discontinued operations before income tax	1,357	971	(1,286)
Income tax benefit (expense)	(455)	(343)	(247)
Income (loss) from discontinued operations	902	628	(1,533)
Net loss	(1,408)	(1,916)	(7,450)
Debt issued to HSBC affiliates
Interest expense on debt held by:
Interest expense	164	147	246
Debt issued to non-affiliates
Interest expense on debt held by:
Interest expense	$ 2,184	$ 2,764	$ 3,367

[1] During 2011 and 2010, other-than-temporary impairment ("OTTI") on available-for-sale securities recognized in other revenues and in accumulated other comprehensive income ("AOCI") were nominal. During 2009, $36 million of gross other-than-temporary impairment losses on securities available-for-sale were recognized, of which $11 million was recognized in AOCI.