XML 100 R175.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Financial Statements of HSBC USA Inc. (Parent) Balance Sheet (Details) - USD ($)
$ in Millions
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Assets:      
Interest bearing deposits with banks $ 2,038 $ 15,700  
Securities held-to-maturity (fair value of $2 million at both December 31, 2019 and 2018, respectively) 13,293 14,670  
Investment in subsidiaries:      
Other assets 6,723 6,325  
Total assets 175,375 [1] 172,448 [1] $ 187,235
Liabilities:      
Interest, taxes and other liabilities 3,835 2,536  
Short-term borrowings 3,659 4,180 4,650
Total liabilities [1] 157,119 151,942  
Total equity 18,256 20,506 $ 20,094
Total liabilities and equity 175,375 172,448  
HSBC USA Inc [Member]      
Assets:      
Interest bearing deposits with banks 0 2  
Securities held-to-maturity (fair value of $2 million at both December 31, 2019 and 2018, respectively) 2 2  
Receivables and balances due from subsidiaries 14,044 15,593  
Receivables from other HSBC affiliates 2,335 2,510  
Investment in subsidiaries:      
Banking 21,753 23,765  
Other 12 1  
Other assets 204 179  
Total assets 38,350 42,052  
Liabilities:      
Interest, taxes and other liabilities 137 127  
Payables due to subsidiaries 3 12  
Payables due to other HSBC affiliates 35 12  
Short-term borrowings 2,476 2,532  
Long-term debt [2] 14,595 16,017  
Long-term debt due to subsidiary and other HSBC affiliates [2] 2,848 2,846  
Total liabilities 20,094 21,546  
Total equity 18,256 20,506  
Total liabilities and equity $ 38,350 $ 42,052  
[1] The following table summarizes assets and liabilities related to our consolidated variable interest entities ("VIEs") at December 31, 2019 and December 31, 2018 which are consolidated on our balance sheet. Assets and liabilities exclude intercompany balances that eliminate in consolidation. See Note 17, "Variable Interest Entities," for additional information. Assets: Other assets $98 million and $112 million. Total assets $98 million and $112 million respectively. Liabilities: Long-term debt $0 million and $66 million, Interest, taxes and other liabilities $38 million and $37 million. Total liabilities $38 million and $103 million, respectively.
[2] Contractual scheduled maturities for the debt over the next five years are as follows: 2020 – $6.0 billion; 2021 – $2.5 billion; 2022 – $2.2 billion; 2023 – $1.1 billion; 2024 – $1.5 billion; and thereafter – $4.1 billion.