XML 187 R175.htm IDEA: XBRL DOCUMENT v3.10.0.1
Financial Statements of HSBC USA Inc. (Parent) Statement of Cash Flows (Details) - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Dec. 31, 2018
Sep. 30, 2018
Jun. 30, 2018
Mar. 31, 2018
Dec. 31, 2017
Sep. 30, 2017
Jun. 30, 2017
Mar. 31, 2017
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Condensed Financial Statements, Captions [Line Items]                      
Net income (loss) $ 112 [1] $ 177 $ 269 $ (238) $ (773) $ 94 $ 204 $ 296 $ 320 $ (179) $ 129
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:                      
Depreciation and amortization                 44 51 60
Net change in other assets and liabilities                 (1,830) (462) 1,723
Net cash provided by (used in) operating activities                 (8,185) 105 (6)
Cash flows from investing activities                      
Other, net                 50 549 114
Net cash provided by (used in) investing activities                 23,375 5,318 (1,339)
Cash flows from financing activities                      
Net change in short-term borrowings                 (469) (449) 110
Issuance of long-term debt, net of issuance costs                 11,923 5,158 8,694
Repayment of long-term debt                 (14,704) (8,948) (4,869)
Preferred stock issuance                 0 0 1,265
Preferred stock redemption                 0 0 (1,265)
Other increases (decreases) in capital surplus                 6 (18) (21)
Dividends paid                 (76) (77) (67)
Net cash provided by (used in) financing activities                 (10,248) (14,624) 14,372
Net change in cash and due from banks and interest bearing deposits with banks(1)                 4,942 (9,201) 13,027
Cash and due from banks and interest bearing deposits with banks at beginning of period [2]       12,272       21,473 12,272 21,473 8,446
Cash and and due from banks and interest bearing deposits with banks at end of period [2] 17,214       12,272       17,214 12,272 21,473
Cash paid for:                      
Interest                 2,350 1,816 1,446
HSBC USA Inc [Member]                      
Condensed Financial Statements, Captions [Line Items]                      
Net income (loss)                 320 (179) 129
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:                      
Depreciation and amortization                 8 12 14
Net change in other assets and liabilities                 (1,277) 481 271
Undistributed loss (gain) of subsidiaries                 (380) 369 (7)
Other, net                 16 5 (4)
Net cash provided by (used in) operating activities                 (1,313) 688 403
Cash flows from investing activities                      
Sales and maturities of securities                 0 1 254
Net change in investments in and receivables due from subsidiaries                 (1,045) 2,843 (496)
Net change in receivables from other HSBC affiliates                 4,211 (2,882) 887
Other, net                 10 403 (24)
Net cash provided by (used in) investing activities                 3,176 365 621
Cash flows from financing activities                      
Net change in payables to other HSBC affiliates                 (19) (2) 19
Net change in short-term borrowings                 1,378 (97) (727)
Issuance of long-term debt, net of issuance costs                 5,571 4,826 3,587
Repayment of long-term debt                 (8,722) (5,684) (3,815)
Preferred stock issuance                 0 0 1,265
Preferred stock redemption                 0 0 (1,265)
Other increases (decreases) in capital surplus                 6 (18) (21)
Dividends paid                 (76) (77) (67)
Net cash provided by (used in) financing activities                 (1,862) (1,052) (1,024)
Net change in cash and due from banks and interest bearing deposits with banks(1) [3]                 1 1 0
Cash and due from banks and interest bearing deposits with banks at beginning of period [3]       $ 1       $ 0 1 0 0
Cash and and due from banks and interest bearing deposits with banks at end of period $ 2       $ 1 [3]       2 1 [3] 0 [3]
Cash paid for:                      
Interest                 $ 649 $ 584 $ 517
[1] Fourth quarter 2018 reflects out of period adjustments which reduced net income by $56 million, $33 million of which relates to prior year periods. We concluded these adjustments were not material to the current and prior year periods.
[2] As a result of adopting new accounting guidance in 2018, we changed our presentation of cash and cash equivalents to include cash and due from banks as well as interest bearing deposits with banks, which includes restricted cash. See Note 2, "Summary of Significant Accounting Policies and New Accounting Pronouncements," for further discussion.
[3] As a result of adopting new accounting guidance in 2018, we changed our presentation of cash and cash equivalents to include cash and due from banks as well as interest bearing deposits with banks. See Note 2, "Summary of Significant Accounting Policies and New Accounting Pronouncements," for further discussion.