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Strategic Initiatives - Restructuring Liability (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2020
Restructuring Reserve [Roll Forward]    
Restructuring liability at beginning of period $ 45 $ 0
Restructuring costs accrued during the period 17 63
Restructuring costs paid during the period (15) (16)
Restructuring liability at end of period 47 47
Severance and Other Employee Costs    
Restructuring Reserve [Roll Forward]    
Restructuring liability at beginning of period [1] 22 0
Restructuring costs accrued during the period [1] 13 35
Restructuring costs paid during the period [1] (12) (12)
Restructuring liability at end of period [1] 23 23
Lease Termination and Associated Costs    
Restructuring Reserve [Roll Forward]    
Restructuring liability at beginning of period [2] 23 0
Restructuring costs accrued during the period [2] 4 28
Restructuring costs paid during the period [2] (3) (4)
Restructuring liability at end of period [2] $ 24 $ 24
[1] Severance and other employee costs are included in salaries and employee benefits in the consolidated statement of income (loss). The majority of these costs were reported in the Wealth and Personal Banking and the Global Banking and Markets business segments. Not included in these costs are allocated severance costs from HSBC Technology & Services ("HTSU") discussed further below.
[2] Primarily includes real estate taxes, service charges and decommissioning costs. Lease termination and associated costs are included in occupancy expense, net in the consolidated statement of income (loss) and were reported in the Corporate Center business segment.