The following tables present related party balances and the income (expense) generated by related party transactions:



	June 30, 2020		December 31, 2019
	(in millions)
Assets:
Cash and due from banks	$	466	$	850
Interest bearing deposits with banks	135		40
Securities purchased under agreements to resell⁽¹⁾	2,153		4,600
Trading assets	86		79
Loans	1,565		2,343
Other⁽²⁾	863		456
Total assets	$	5,268	$	8,368
Liabilities:
Deposits	$	15,790	$	9,000
Trading liabilities	53		293
Short-term borrowings	295		1,166
Long-term debt	4,865		7,848
Other⁽²⁾	210		931
Total liabilities	$	21,213	$	19,238


⁽¹⁾	Reflects purchases of securities under which other HSBC affiliates have 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 June 30,						Six Months Ended June 30,
	2020			2019			2020			2019
	(in millions)
Income (Expense):
Interest income	$	12		$	47		$	38		$	90
Interest expense	(79		)	(152		)	(199		)	(276		)
Net interest expense	(67		)	(105		)	(161		)	(186		)
Trading revenue (expense)	(356		)	(9		)	(617		)	(1,523		)
Servicing and other fees from HSBC affiliates:
HSBC Bank plc	41			46			88			81
HSBC Markets (USA) Inc. ("HMUS")	26			27			50			57
Other HSBC affiliates	14			15			31			31
Total servicing and other fees from HSBC affiliates	81			88			169			169
Gain (loss) on instruments designated at fair value and related derivatives	1,096			412			(510		)	1,420
Support services from HSBC affiliates:
HTSU	(272		)	(298		)	(535		)	(575		)
HMUS	(19		)	(23		)	(46		)	(50		)
Other HSBC affiliates	(98		)	(90		)	(190		)	(166		)
Total support services from HSBC affiliates	(389		)	(411		)	(771		)	(791		)
Rental income from HSBC affiliates, net⁽¹⁾	6			12			18			24
Stock based compensation expense⁽²⁾	(7		)	(8		)	(13		)	(14		)


⁽¹⁾	We receive rental income from our affiliates, and in some cases pay rental expense to our affiliates, for rent on certain office space. Net rental income from our affiliates is recorded as a component of occupancy expense, net in our consolidated statement of income (loss).

⁽²⁾

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 (loss). 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 12, "Pension and Other Postretirement Benefits."