The following tables present the fair value hierarchy for assets measured at fair value. Liabilities recorded at fair value were not material, and therefore are not included in the following tables:


March 31, 2013	Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Balance at Fair Value
Cash equivalents:
Money market funds	$	13	$	—	$	—	$	13
Commercial paper		—		738		—		738

Total cash equivalents		13		738		—		751
Investments segregated and on deposit for regulatory purposes:
Certificates of deposit		—		2,626		—		2,626
U.S. Government securities		—		1,766		—		1,766

Total investments segregated and on deposit for regulatory purposes		—		4,392		—		4,392
Other securities owned:
Schwab Funds^® money market funds		241		—		—		241
Equity and bond mutual funds		217		1		—		218
State and municipal debt obligations		—		48		—		48
Equity, U.S. Government and corporate debt, and other securities		7		31		—		38

Total other securities owned		465		80		—		545
Securities available for sale:
U.S. agency mortgage-backed securities		—		19,819		—		19,819
Asset-backed securities		—		9,786		—		9,786
Corporate debt securities		—		7,617		—		7,617
Certificates of deposit		—		5,900		—		5,900
U.S. agency notes		—		4,036		—		4,036
Non-agency residential mortgage-backed securities		—		709		—		709
Commercial paper		—		649		—		649
Other securities		—		293		—		293

Total securities available for sale		—		48,809		—		48,809

Total	$	478	$	54,019	$	—	$	54,497


December 31, 2012	Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Balance at Fair Value
Cash equivalents:
Money market funds	$	413	$	—	$	—	$	413
Commercial paper		—		1,076		—		1,076

Total cash equivalents		413		1,076		—		1,489
Investments segregated and on deposit for regulatory purposes:
Certificates of deposit		—		2,976		—		2,976
U.S. Government securities		—		1,767		—		1,767

Total investments segregated and on deposit for regulatory purposes		—		4,743		—		4,743
Other securities owned:
Schwab Funds^® money market funds		329		—		—		329
Equity and bond mutual funds		217		—		—		217
State and municipal debt obligations		—		48		—		48
Equity, U.S. Government and corporate debt, and other securities		2		40		—		42

Total other securities owned		548		88		—		636
Securities available for sale:
U.S. agency mortgage-backed securities		—		20,476		—		20,476
Asset-backed securities		—		8,164		—		8,164
Corporate debt securities		—		6,256		—		6,256
Certificates of deposit		—		6,161		—		6,161
U.S. agency notes		—		3,464		—		3,464
Non-agency residential mortgage-backed securities		—		733		—		733
Commercial paper		—		574		—		574
Other securities		—		295		—		295

Total securities available for sale		—		46,123		—		46,123

Total	$	961	$	52,030	$	—	$	52,991

The following tables present the fair value hierarchy for financial instruments not recorded at fair value:


March 31, 2013	Carrying Amount		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Balance at Fair Value
Assets:
Cash and cash equivalents	$	6,180	$	—	$	6,180	$	—	$	6,180
Cash and investments segregated and on deposit for regulatory purposes		22,501		—		22,501		—		22,501
Receivables from brokers, dealers, and clearing organizations		467		—		467		—		467
Receivables from brokerage clients – net		12,448		—		12,448		—		12,448
Securities held to maturity:
U.S. agency mortgage-backed securities		22,188		—		22,595		—		22,595
Other securities		732		—		721		—		721

Total securities held to maturity		22,920		—		23,316		—		23,316
Loans to banking clients – net:
Residential real estate mortgages		7,062		—		7,231		—		7,231
Home equity lines of credit		3,174		—		3,151		—		3,151
Personal loans secured by securities		1,035		—		1,035		—		1,035
Other		29		—		29		—		29

Total loans to banking clients – net		11,300		—		11,446		—		11,446
Other assets		64		—		64		—		64

Total	$	75,880	$	—	$	76,422	$	—	$	76,422

Liabilities:
Deposits from banking clients	$	82,424	$	—	$	82,424	$	—	$	82,424
Payables to brokers, dealers, and clearing organizations		1,152		—		1,152		—		1,152
Payables to brokerage clients		36,888		—		36,888		—		36,888
Accrued expenses and other liabilities		528		—		528		—		528
Long-term debt		1,631		—		1,794		—		1,794

Total	$	122,623	$	—	$	122,786	$	—	$	122,786


December 31, 2012	Carrying Amount		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Balance at Fair Value
Assets:
Cash and cash equivalents	$	11,174	$	—	$	11,174	$	—	$	11,174
Cash and investments segregated and on deposit for regulatory purposes		23,723		—		23,723		—		23,723
Receivables from brokers, dealers, and clearing organizations		333		—		333		—		333
Receivables from brokerage clients – net		13,453		—		13,453		—		13,453
Securities held to maturity:
U.S. agency mortgage-backed securities		17,750		—		18,289		—		18,289
Other securities		444		—		443		—		443

Total securities held to maturity		18,194		—		18,732		—		18,732
Loans to banking clients – net:
Residential real estate mortgages		6,471		—		6,687		—		6,687
Home equity lines of credit		3,267		—		3,295		—		3,295
Personal loans secured by securities		963		—		963		—		963
Other		25		—		24		—		24

Total loans to banking clients – net		10,726		—		10,969		—		10,969
Other assets		64		—		64		—		64

Total	$	77,667	$	—	$	78,448	$	—	$	78,448

Liabilities:
Deposits from banking clients	$	79,377	$	—	$	79,377	$	—	$	79,377
Payables to brokers, dealers, and clearing organizations		1,068		—		1,068		—		1,068
Payables to brokerage clients		40,330		—		40,330		—		40,330
Accrued expenses and other liabilities		353		—		353		—		353
Long-term debt		1,632		—		1,782		—		1,782

Total	$	122,760	$	—	$	122,910	$	—	$	122,910