Long-Term Debt (Tables)

12 Months Ended

Dec. 31, 2014

Long-term Debt, Unclassified [Abstract]

Schedule of long-term debt instruments

The composition of long-term debt is presented in the following table. Interest rates on floating rate notes are determined periodically by formulas based on certain money market rates or, in certain instances, by minimum interest rates as specified in the agreements governing the issues. Interest rates and maturity dates in effect at December 31, 2014 are shown in the below table.

			At December 31,
	Maturity date(s)	Interest Rate(s)	2014		2013
			(in millions)
Issued or acquired by HSBC USA:
Senior debt:
Fixed-rate notes	2015-2024	1.30% - 3.50%	$	8,224	$	4,497
Floating-rate notes	2015-2019	0.50% - 1.59%	5,196		4,249
Structured notes	2015-2044	0.00% - 2.56%	6,379		5,424
Total senior debt			19,799		14,170
Subordinated fixed-rate notes	2020-2097	5.00% - 9.50%	1,170		1,319
Junior subordinated fixed-rate debentures issued to capital trusts	2026-2027	7.75% - 8.38%	560		560
Total issued or acquired by HSBC USA			21,529		16,049
Issued or acquired by HSBC Bank USA and its subsidiaries:
Senior debt:
Floating-rate notes	2019-2036	0.15% - 2.03%	6		12
Structured notes	2015-2040	0.00% - 2.31%	259		294
FHLB advances - floating-rate	2036	0.32%	1,000		1,000
Other			—		39
Total senior debt			1,265		1,345
Subordinated fixed-rate notes	2017-2039	4.88%-7.00%	4,638		5,361
Long term debt issued by VIE - fixed-rate	2018	17.20%	92		92
Total issued or acquired by HSBC Bank USA and its subsidiaries			5,995		6,798
Total long-term debt			$	27,524	$	22,847

Maturities of long-term debt

Maturities of long-term debt at December 31, 2014 were as follows:

	(in millions)
2015	$	8,347
2016	778
2017	2,932
2018	3,145
2019	2,808
Thereafter	9,514
Total	$	27,524