Pensions and Other Postretirement Benefits

3 Months Ended

Mar. 31, 2015

Compensation and Retirement Disclosure [Abstract]

Pensions 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 "HBSC 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	$	2		$	1
Interest cost on projected benefit obligation	17			18
Expected return on plan assets	(23		)	(20		)
Amortization of net actuarial loss	9			9
Pension expense	$	5		$	8

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

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