Long-Term Debt (Tables)

12 Months Ended

Dec. 31, 2021

Long-term Debt, Unclassified [Abstract]

Schedule of long-term debt instruments

Interest rates and maturity dates in effect at December 31, 2021 are shown in the below table.

				At December 31,
	Maturity Date Range	Interest Rate Range	Interest Rate Weighted Average	2021		2020
				(in millions)
Issued or acquired by HSBC USA:
Senior debt:
Fixed-rate notes	2024 - 2030	1.12% - 4.20%	2.63%	$	6,347	$	2,990
Structured notes	2022 - 2045	.13 - 2.51	.62	6,346		7,938
Total senior debt				12,693		10,928
Subordinated debt:
Fixed-rate notes	2097	7.20	7.20	222		422
Floating-rate notes(1)				—		850
Total subordinated debt				222		1,272
Mark-to-market adjustment on fair value option debt				1,145		1,344
Total issued or acquired by HSBC USA				14,060		13,544
Issued or acquired by HSBC Bank USA and its subsidiaries:
Senior debt:
Floating-rate notes	2024 - 2040	.02 - .91	.31	25		42
Structured notes	2022 - 2028	(.08) - 3.04	1.22	488		394
FHLB advances - fixed-rate				—		3,250
FHLB advances - floating-rate	2036	.23	.23	1,000		1,000
Total senior debt				1,513		4,686
Subordinated fixed-rate notes	2034 - 2039	5.63 - 7.00	6.36	1,441		1,441
Mark-to-market adjustment on fair value option debt				222		308
Total issued or acquired by HSBC Bank USA and its subsidiaries				3,176		6,435
Total long-term debt				$	17,236	$	19,979

(1)During 2021, $850 million of floating-rate subordinated debt with HSBC North America was called and repaid.

Maturities of long-term debt

Maturities of long-term debt at December 31, 2021 were as follows:

	(in millions)
2022	$	2,930
2023	1,593
2024	2,014
2025	4,474
2026	631
Thereafter	5,594
Total	$	17,236