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Consolidated Statement of Cash Flows (USD $)
In Millions, unless otherwise specified
 12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Cash flows from operating activities      
Net income (loss) $ 1,018 $ 1,564 $ (142)
Income from discontinued operations 563 558 25
Income (loss) from continuing operations 455 1,006 (167)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:      
Depreciation and amortization 268 253 128
Impairment of internally developed software 110    
Provision for credit losses 258 34 1,431
Deferred income tax provision (benefit) (289) 274 (461)
Other-than-temporarily impaired available-for-sale and held-to-maturity securities 0 79 [1],[2] 124 [1],[2]
Realized gains on securities available for sale (129) (74) (304)
Net change in other assets and liabilities 992 (48) 1,774
Net change in loans held for sale:      
Originations of loans (3,248) (4,019) (6,485)
Sales and collection of loans held for sale 3,319 4,079 6,663
Tax refund anticipation loans:      
Originations of loans   (3,082) (9,020)
Transfers of loans to HSBC Finance, including premium   3,086 9,031
Net change in trading assets and liabilities (2,712) (4,762) (2,535)
Lower of amortized cost or fair value adjustments on loans held for sale 51 (51) 215
Mark-to-market (gain) loss on financial instruments designated at fair value and related derivatives (471) (294) 253
Net change in fair value of derivatives and hedged items (884) (95) 59
Cash provided by (used in) operating activities - continuing operations (2,280) (3,614) 706
Cash provided by operating activities - discontinued operations 2,642 2,077 2,908
Net cash provided by (used in) operating activities 362 (1,537) 3,614
Cash flows from investing activities      
Net change in interest bearing deposits with banks (17,252) 11,907 (4,169)
Net change in federal funds sold and securities purchased under agreements to resell 5,127 (7,190) 9,767
Securities available-for-sale:      
Purchases of securities available-for-sale (30,153) (34,955) (30,314)
Proceeds from sales of securities available-for-sale 21,468 13,689 17,108
Proceeds from maturities of securities available-for-sale 3,686 2,783 11,919
Securities held-to-maturity:      
Purchases of securities held-to-maturity (11) (2,036) (229)
Proceeds from maturities of securities held-to-maturity 568 1,350 342
Change in loans:      
Originations, net of collections (6,034) (164) 9,373
Cash paid for bulk purchases of loans from HSBC Finance     (3,000)
Loans sold to third parties 975 2,166 4,502
Net cash used for acquisitions of properties and equipment (33) (96) (44)
Other, net (77) 80 148
Cash provided by (used in) investing activities - continuing operations (21,736) (12,466) 15,403
Cash provided by (used in) investing activities - discontinued operations (606) 2,832 (5,829)
Net cash provided by (used in) investing activities (22,342) (9,634) 9,574
Cash flows from financing activities      
Net change in deposits 18,693 2,145 (965)
Debt:      
Net change in short-term borrowings 3,449 8,675 (3,983)
Issuance of long-term debt 6,271 4,322 4,318
Repayment of long-term debt (6,274) (2,472) (9,680)
Debt repayment related to structured note vehicle VIEs   (210) (623)
Debt issued related to the sale and leaseback of 452 Fifth Avenue property   309  
Repayment of debt related to the sale and leaseback of 452 Fifth Avenue property (23) (26)  
Capital contribution from parent     2,167
Return of capital on preferred shares issued to CT Financial Services, Inc.   (3) (55)
Other increases in capital surplus 8 (7) (11)
Dividends paid (73) (74) (73)
Cash provided by (used in) financing activities - continuing operations 22,051 12,659 (8,905)
Cash used in financing activities - discontinued operations (148) (2,954) (4,096)
Net cash provided by (used in) financing activities 21,903 9,705 (13,001)
Net change in cash and due from banks (77) (1,466) 187
Cash and due from banks at beginning of period(1) 1,693 [3],[4] 3,159 [3],[4] 2,972 [3]
Cash and due from banks at end of period(2) 1,616 [4] 1,693 [3],[4] 3,159 [3],[4]
Supplemental disclosure of cash flow information      
Interest paid during the period 1,231 1,241 1,782
Income taxes paid during the period 498 32 27
Income taxes refunded during the period     (263)
Supplemental disclosure of non-cash investing activities      
Trading securities pending settlement 28 (781) 387
Transfer of loans to held for sale 23,755 1,295 6,472
Fair value of properties added to real estate owned 86 201 135
Securities received for loan settlement     $ 78
[1] During 2011, there were no other-than-temporary ("OTTI") losses on securities recognized in other revenues and no OTTI losses on securities were recognized in the non-credit component in accumulated other comprehensive income (loss) ("AOCI"), net of tax. During 2010, other-than-temporary impairment OTTI losses on securities available-for-sale and held-to-maturity totaling $79 million were recognized in other revenues and losses in the non-credit component recognized in AOCI, net of tax were not significant. During 2009, $208 million of OTTI losses on securities available-for-sale were recognized, of which $84 million was recognized in AOCI, net of tax.
[2] During 2011, there were no other-than-temporary ("OTTI") losses on securities recognized in other revenues and no OTTI losses on securities were recognized in the non-credit component in accumulated other comprehensive income (loss) ("AOCI"), net of tax. During 2010, other-than-temporary impairment OTTI losses on securities available-for-sale and held-to-maturity totaling $79 million were recognized in other revenues. There were no significant losses in the non-credit component of such impaired securities reflected in AOCI, net of tax. During 2009, $208 million of OTTI losses on securities available-for-sale were recognized, of which $84 million was recognized in AOCI, net of tax.
[3] Cash at beginning of period includes $117 million, $1,246 million and $1,190 million for discontinued operations as of January 1, 2011, 2010 and 2009, respectively.
[4] Cash at end of period includes $117 million and $1,246 million for discontinued operations as of December 31 2010 and 2009, respectively.