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Related Party Transactions (Tables)
 3 Months Ended
Mar. 31, 2017
Related Party Transactions [Abstract]  
Summary of Related Party Transactions
The following tables and discussions below present the more significant related party balances and the income (expense) generated by related party transactions:
 
March 31, 2017
 
December 31, 2016
 
(in millions)
Assets:
 
 
 
Cash and due from banks
$
233

 
$
364

Interest bearing deposits with banks
797

 
980

Securities purchased under agreements to resell(1)
—

 
949

Trading assets
30

 
74

Loans
939

 
3,274

Other(2)
388

 
291

Total assets
$
2,387

 
$
5,932

Liabilities:
 
 
 
Deposits
$
24,026

 
$
23,999

Trading liabilities
701

 
510

Short-term borrowings
2,047

 
2,148

Long-term debt
4,836

 
4,834

Other(2)
333

 
247

Total liabilities
$
31,943

 
$
31,738

 
(1) 
Reflects overnight purchases of U.S. Treasury securities which HSBC Securities (USA) Inc. ("HSI") has agreed to repurchase.
(2) 
Other assets and other liabilities primarily consist of derivative balances associated with hedging activities and other miscellaneous account receivables and payables.
Three Months Ended March 31,
2017
 
2016
 
(in millions)
Income/(Expense):
 
 
 
Interest income
$
24

 
$
30

Interest expense
(66
)
 
(29
)
Net interest income (expense)
(42
)
 
1

Trading revenue (expense)
85

 
(157
)
Servicing and other fees from HSBC affiliates:
 
 
 
HSBC Bank plc
24

 
22

HSBC Finance Corporation
34

 
13

HSBC Markets (USA) Inc. ("HMUS")
5

 
6

Other HSBC affiliates
19

 
13

Total servicing and other fees from HSBC affiliates
82

 
54

Gain (loss) on instruments designated at fair value and related derivatives
360

 
(44
)
Support services from HSBC affiliates:
 
 
 
HMUS
(12
)
 
(53
)
HSBC Technology & Services (USA) ("HTSU")
(285
)
 
(229
)
Other HSBC affiliates
(42
)
 
(38
)
Total support services from HSBC affiliates
(339
)
 
(320
)
Stock based compensation expense with HSBC(1)
(7
)
 
(6
)

 
(1) 
Employees may participate in one or more stock compensation plans sponsored by HSBC. These expenses are included in salaries and employee benefits in our consolidated statement of income. Certain employees are also eligible to participate in a defined benefit pension plan and other postretirement plans sponsored by HSBC North America which are discussed in Note 11, "Pension and Other Postretirement Benefits."
Schedule of Assets by Related Party
At March 31, 2017 and December 31, 2016, we have the following loan balances outstanding with HSBC affiliates:

March 31, 2017
 
December 31, 2016
 
(in millions)
HSBC Finance Corporation
$
—

 
$
2,501

HSBC Markets (USA) Inc. ("HMUS") and subsidiaries
609

 
563

HSBC Mexico S.A.
300

 
195

Other short-term affiliate lending
30

 
15

Total loans
$
939

 
$
3,274