v3.26.1
Borrowings (Tables)
 6 Months Ended
Jun. 30, 2026
Debt Disclosure [Abstract]  
Long-term Debt Including Unamortized Debt Discounts and Premiums
The following table lists long-term debt by instrument outstanding as of June 30, 2026 and December 31, 2025:
Date of IssuancePrincipal Amount Outstanding
June 30, 2026December 31, 2025
CSC Fixed-rate Senior Notes:
3.450% due February 13, 2026
11/13/15$— $350 
0.900% due March 11, 2026
12/11/20— 1,250 
1.150% due May 13, 2026
05/13/21— 1,000 
5.875% due August 24, 2026
08/24/231,000 1,000 
3.200% due March 2, 2027
03/02/17650 650 
2.450% due March 3, 2027
03/03/221,500 1,500 
3.300% due April 1, 2027
09/24/21744 744 
3.200% due January 25, 2028
12/07/17700 700 
2.000% due March 20, 2028
03/18/211,250 1,250 
4.000% due February 1, 2029
10/31/18600 600 
3.250% due May 22, 2029
05/22/19600 600 
2.750% due October 1, 2029
09/24/21475 475 
4.625% due March 22, 2030
03/24/20500 500 
1.650% due March 11, 2031
12/11/20750 750 
2.300% due May 13, 2031
05/13/21750 750 
1.950% due December 1, 2031
08/26/21850 850 
2.900% due March 3, 2032
03/03/221,000 1,000 
CSC Floating-rate Senior Notes:
SOFR + 0.520% due May 13, 2026
05/13/21— 500 
SOFR + 1.050% due March 3, 2027
03/03/22500 500 
CSC Fixed-to-Floating rate Senior Notes (1):
5.643% due May 19, 2029
05/19/231,200 1,200 
4.603% due July 27, 2029
06/25/261,000 — 
6.196% due November 17, 2029
11/17/231,300 1,300 
4.744% due May 21, 2030
05/21/261,000 — 
4.343% due November 14, 2031
11/14/251,000 1,000 
5.853% due May 19, 2034
05/19/231,300 1,300 
6.136% due August 24, 2034
08/24/231,350 1,350 
4.914% due November 14, 2036
11/14/251,000 1,000 
5.493% due May 21, 2037
05/21/261,250 — 
Total CSC Senior Notes22,269 22,119 
Ameritrade Holding LLC Fixed-rate Senior Notes:
3.300% due April 1, 2027
04/27/1756 56 
2.750% due October 1, 2029
08/16/1925 25 
Total Ameritrade Holding LLC Senior Notes81 81 
Finance lease liabilities23 37 
Other finance liabilities (2)
592 — 
Unamortized premium — net24 33 
Debt issuance costs(89)(82)
Fair value hedging basis adjustments (3)
(231)11 
Total long-term debt$22,669 $22,199 
(1) Interest rates presented are those in effect at June 30, 2026. See table below for additional information regarding future interest rates on fixed-to-floating rate Senior Notes.
(2) This represents the total liability, including imputed interest, related to a software licensing agreement entered into during the second quarter of 2026.
(3) This represents the amount of fair value hedge basis adjustments related to Senior Notes hedged. See Note 12 for more information on hedging of Senior Notes.
The following table details the changes in future interest rates on fixed-to-floating rate Senior Notes as of June 30, 2026:
Maturity DateFixed Semi-annual Interest RateDate of IssuanceFloating Quarterly Interest RateInterest Rate Reset Date
May 19, 20295.643%05/19/23
SOFR + 2.210%
05/19/28
July 27, 20294.603%06/25/26
SOFR + 0.622%
07/27/28
November 17, 20296.196%11/17/23
SOFR + 1.878%
11/17/28
May 21, 20304.744%05/21/26
SOFR + 0.780%
05/21/29
November 14, 20314.343%11/14/25
SOFR + 0.940%
11/14/30
May 19, 20345.853%05/19/23
SOFR + 2.500%
05/19/33
August 24, 20346.136%08/24/23
SOFR + 2.010%
08/24/33
November 14, 20364.914%11/14/25
SOFR + 1.230%
11/14/35
May 21, 20375.493%05/21/26
SOFR+ 1.280%
05/21/36
Annual Maturities on Debt Outstanding
Annual maturities on all long-term debt outstanding at June 30, 2026 are as follows:
Maturities
2026$1,010 
20273,493 
20281,999 
20295,268 
20301,579 
Thereafter9,616 
Total maturities22,965 
Unamortized premium — net24 
Debt issuance costs(89)
Fair value hedging basis adjustments (1)
(231)
Total long-term debt$22,669 
(1) This represents the amount of fair value hedge basis adjustments related to long-term debt hedged. See Note 12 for more information on hedging of long-term debt.
Annual maturities on other short-term borrowings outstanding at June 30, 2026 are as follows:
20262027
Total
FHLB borrowings$500 $— $500 
Other short-term borrowings13,219 726 13,945 
Total$13,719 $726 $14,445