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10-Q Filing

US BANCORP DE CIK: 36104 Q2 2022
Filing Information
Form Type 10-Q
Accession Number 0001193125-22-212040
Period End Date 20220630
Filing Date 20220804
Fiscal Year 2022
Fiscal Period Q2
XBRL Instance d322057d10q_htm.xml
Balance Sheet 80 line items
Line Item Tag Value Unit Period
Held-to-maturity securities, Fair Value HeldToMaturitySecuritiesFairValue $55.66B USD Point-in-time
Held-to-maturity securities, Fair Value HeldToMaturitySecuritiesFairValue $41.81B USD Point-in-time
Securities, pledged as collateral FinancialInstrumentsOwnedAndPledgedAsCollateralAmountEligibleToBeRepledgedByCounterparty $557.00M USD Point-in-time
Securities, pledged as collateral FinancialInstrumentsOwnedAndPledgedAsCollateralAmountEligibleToBeRepledgedByCounterparty $987.00M USD Point-in-time
Mortgage loans, carried at fair value MortgagesHeldForSaleFairValueDisclosure $2.77B USD Point-in-time
Mortgage loans, carried at fair value MortgagesHeldForSaleFairValueDisclosure $6.62B USD Point-in-time
Common stock, par value CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Common stock, par value CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Common stock, share-authorized (actual number of shares) CommonStockSharesAuthorized 4.00B shares Point-in-time
Common stock, share-authorized (actual number of shares) CommonStockSharesAuthorized 4.00B shares Point-in-time
Cash and due from banks CashAndDueFromBanks $39.12B USD Point-in-time
Cash and due from banks CashAndDueFromBanks $28.91B USD Point-in-time
Held-to-maturity (fair value $55,657 and $41,812, respectively) DebtSecuritiesHeldToMaturityAmortizedCostAfterAllowanceForCreditLoss $61.50B USD Point-in-time
Common stock, shares issued (actual number of shares) CommonStockSharesIssued 2.13B shares Point-in-time
Held-to-maturity (fair value $55,657 and $41,812, respectively) DebtSecuritiesHeldToMaturityAmortizedCostAfterAllowanceForCreditLoss $41.86B USD Point-in-time
Common stock, shares issued (actual number of shares) CommonStockSharesIssued 2.13B shares Point-in-time
Available-for-sale ($987 and $557 pledged as collateral, respectively) AvailableForSaleSecuritiesDebtSecurities $132.96B USD Point-in-time
Treasury stock, shares (actual number of shares) TreasuryStockCommonShares 639.96M shares Point-in-time
Treasury stock, shares (actual number of shares) TreasuryStockCommonShares 642.22M shares Point-in-time
Available-for-sale ($987 and $557 pledged as collateral, respectively) AvailableForSaleSecuritiesDebtSecurities $98.81B USD Point-in-time
Loans held for sale (including $2,773 and $6,623 of mortgage loans carried at fair value, respectively) LoansReceivableHeldForSaleNetNotPartOfDisposalGroup $3.94B USD Point-in-time
Loans held for sale (including $2,773 and $6,623 of mortgage loans carried at fair value, respectively) LoansReceivableHeldForSaleNetNotPartOfDisposalGroup $7.78B USD Point-in-time
Total loans NotesReceivableGross $332.37B USD Point-in-time
Total loans NotesReceivableGross $312.03B USD Point-in-time
Less allowance for loan losses LoansAndLeasesReceivableAllowance $5.72B USD Point-in-time
Less allowance for loan losses LoansAndLeasesReceivableAllowance $5.83B USD Point-in-time
Net loans LoansAndLeasesReceivableNetReportedAmount $326.54B USD Point-in-time
Net loans LoansAndLeasesReceivableNetReportedAmount $306.30B USD Point-in-time
Premises and equipment PropertyPlantAndEquipmentNet $3.31B USD Point-in-time
Premises and equipment PropertyPlantAndEquipmentNet $3.18B USD Point-in-time
Goodwill Goodwill $10.16B USD Point-in-time
Goodwill Goodwill $10.26B USD Point-in-time
Other intangible assets IntangibleAssetsNetExcludingGoodwill $4.49B USD Point-in-time
Other intangible assets IntangibleAssetsNetExcludingGoodwill $3.74B USD Point-in-time
Other assets (including $1,258 and $1,193 of trading securities at fair value pledged as collateral, respectively) OtherAssets $38.17B USD Point-in-time
Other assets (including $1,258 and $1,193 of trading securities at fair value pledged as collateral, respectively) OtherAssets $43.65B USD Point-in-time
Total assets Assets $573.28B USD Point-in-time
Total assets Assets $591.38B USD Point-in-time
Noninterest-bearing NoninterestBearingDepositLiabilities $129.13B USD Point-in-time
Noninterest-bearing NoninterestBearingDepositLiabilities $134.90B USD Point-in-time
Interest-bearing InterestBearingDepositLiabilities $321.18B USD Point-in-time
Interest-bearing InterestBearingDepositLiabilities $337.97B USD Point-in-time
Total deposits Deposits $456.08B USD Point-in-time
Total deposits Deposits $467.10B USD Point-in-time
Short-term borrowings ShortTermBorrowings $11.80B USD Point-in-time
Short-term borrowings ShortTermBorrowings $24.96B USD Point-in-time
Long-term debt LongTermDebt $29.41B USD Point-in-time
Long-term debt LongTermDebt $32.12B USD Point-in-time
Other liabilities OtherLiabilities $17.89B USD Point-in-time
Other liabilities OtherLiabilities $20.84B USD Point-in-time
Total liabilities Liabilities $517.90B USD Point-in-time
Total liabilities Liabilities $542.31B USD Point-in-time
Preferred stock PreferredStockIncludingAdditionalPaidInCapitalNetOfDiscount $6.81B USD Point-in-time
Preferred stock PreferredStockIncludingAdditionalPaidInCapitalNetOfDiscount $6.37B USD Point-in-time
Common stock, par value $0.01 a shareauthorized: 4,000,000,000 shares; issued: 6/30/22 and 12/31/212,125,725,742 shares CommonStockValue $21.00M USD Point-in-time
Common stock, par value $0.01 a shareauthorized: 4,000,000,000 shares; issued: 6/30/22 and 12/31/212,125,725,742 shares CommonStockValue $21.00M USD Point-in-time
Capital surplus AdditionalPaidInCapitalCommonStock $8.55B USD Point-in-time
Capital surplus AdditionalPaidInCapitalCommonStock $8.54B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $70.77B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $69.20B USD Point-in-time
Less cost of common stock in treasury: 6/30/22639,959,317 shares; 12/31/21642,223,571 shares TreasuryStockCommonValue $27.27B USD Point-in-time
Less cost of common stock in treasury: 6/30/22639,959,317 shares; 12/31/21642,223,571 shares TreasuryStockCommonValue $27.19B USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $322.00M USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $-10.36B USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $-1.94B USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $-2.10B USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $-6.94B USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $-1.20B USD Point-in-time
Total U.S. Bancorp shareholders' equity StockholdersEquity $48.60B USD Point-in-time
Total U.S. Bancorp shareholders' equity StockholdersEquity $54.92B USD Point-in-time
Noncontrolling interests MinorityInterest $469.00M USD Point-in-time
Noncontrolling interests MinorityInterest $464.00M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $52.31B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $51.67B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $53.67B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $53.73B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $49.07B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $55.39B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $591.38B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $573.28B USD Point-in-time
Income Statement 180 line items
Line Item Tag Value Unit Period
Loans InterestAndFeeIncomeLoansAndLeasesHeldInPortfolio $2.87B USD 1 Quarter
Loans InterestAndFeeIncomeLoansAndLeasesHeldInPortfolio $5.47B USD 2 Qtrs
Loans InterestAndFeeIncomeLoansAndLeasesHeldInPortfolio $2.68B USD 1 Quarter
Loans InterestAndFeeIncomeLoansAndLeasesHeldInPortfolio $5.40B USD 2 Qtrs
Loans held for sale InterestAndFeeIncomeLoansAndLeasesHeldForSale $54.00M USD 1 Quarter
Loans held for sale InterestAndFeeIncomeLoansAndLeasesHeldForSale $114.00M USD 2 Qtrs
Loans held for sale InterestAndFeeIncomeLoansAndLeasesHeldForSale $55.00M USD 1 Quarter
Loans held for sale InterestAndFeeIncomeLoansAndLeasesHeldForSale $122.00M USD 2 Qtrs
Investment securities InterestAndDividendIncomeSecurities $618.00M USD 1 Quarter
Investment securities InterestAndDividendIncomeSecurities $806.00M USD 1 Quarter
Investment securities InterestAndDividendIncomeSecurities $1.52B USD 2 Qtrs
Investment securities InterestAndDividendIncomeSecurities $1.14B USD 2 Qtrs
Other interest income OtherInterestAndDividendIncome $65.00M USD 2 Qtrs
Other interest income OtherInterestAndDividendIncome $32.00M USD 1 Quarter
Other interest income OtherInterestAndDividendIncome $138.00M USD 2 Qtrs
Other interest income OtherInterestAndDividendIncome $96.00M USD 1 Quarter
Total interest income InterestAndDividendIncomeOperating $6.72B USD 2 Qtrs
Total interest income InterestAndDividendIncomeOperating $7.24B USD 2 Qtrs
Total interest income InterestAndDividendIncomeOperating $3.38B USD 1 Quarter
Total interest income InterestAndDividendIncomeOperating $3.83B USD 1 Quarter
Deposits InterestExpenseDeposits $167.00M USD 2 Qtrs
Deposits InterestExpenseDeposits $177.00M USD 1 Quarter
Deposits InterestExpenseDeposits $82.00M USD 1 Quarter
Deposits InterestExpenseDeposits $257.00M USD 2 Qtrs
Short-term borrowings InterestExpenseShortTermBorrowings $57.00M USD 1 Quarter
Short-term borrowings InterestExpenseShortTermBorrowings $34.00M USD 2 Qtrs
Short-term borrowings InterestExpenseShortTermBorrowings $78.00M USD 2 Qtrs
Short-term borrowings InterestExpenseShortTermBorrowings $18.00M USD 1 Quarter
Long-term debt InterestExpenseLongTermDebt $322.00M USD 2 Qtrs
Long-term debt InterestExpenseLongTermDebt $300.00M USD 2 Qtrs
Long-term debt InterestExpenseLongTermDebt $156.00M USD 1 Quarter
Long-term debt InterestExpenseLongTermDebt $145.00M USD 1 Quarter
Total interest expense InterestExpense $245.00M USD 1 Quarter
Total interest expense InterestExpense $523.00M USD 2 Qtrs
Total interest expense InterestExpense $390.00M USD 1 Quarter
Total interest expense InterestExpense $635.00M USD 2 Qtrs
Net interest income InterestIncomeExpenseNet $6.61B USD 2 Qtrs
Net interest income InterestIncomeExpenseNet $3.14B USD 1 Quarter
Net interest income InterestIncomeExpenseNet $6.20B USD 2 Qtrs
Net interest income InterestIncomeExpenseNet $3.44B USD 1 Quarter
Provision for credit losses ProvisionForLoanLeaseAndOtherLosses $311.00M USD 1 Quarter
Provision for credit losses ProvisionForLoanLeaseAndOtherLosses $423.00M USD 2 Qtrs
Provision for credit losses ProvisionForLoanLeaseAndOtherLosses $-997.00M USD 2 Qtrs
Provision for credit losses ProvisionForLoanLeaseAndOtherLosses $-170.00M USD 1 Quarter
Net interest income after provision for credit losses InterestIncomeExpenseAfterProvisionForLoanLoss $7.20B USD 2 Qtrs
Net interest income after provision for credit losses InterestIncomeExpenseAfterProvisionForLoanLoss $3.12B USD 1 Quarter
Net interest income after provision for credit losses InterestIncomeExpenseAfterProvisionForLoanLoss $3.31B USD 1 Quarter
Net interest income after provision for credit losses InterestIncomeExpenseAfterProvisionForLoanLoss $6.18B USD 2 Qtrs
Credit and debit card revenue FeeAndCommissionCreditAndDebitCards $399.00M USD 1 Quarter
Credit and debit card revenue FeeAndCommissionCreditAndDebitCards $737.00M USD 2 Qtrs
Credit and debit card revenue FeeAndCommissionCreditAndDebitCards $396.00M USD 1 Quarter
Credit and debit card revenue FeeAndCommissionCreditAndDebitCards $732.00M USD 2 Qtrs
Corporate payment products revenue CorporatePaymentProductsRevenue $330.00M USD 2 Qtrs
Corporate payment products revenue CorporatePaymentProductsRevenue $138.00M USD 1 Quarter
Corporate payment products revenue CorporatePaymentProductsRevenue $264.00M USD 2 Qtrs
Corporate payment products revenue CorporatePaymentProductsRevenue $172.00M USD 1 Quarter
Merchant processing services MerchantDiscountFee $425.00M USD 1 Quarter
Merchant processing services MerchantDiscountFee $788.00M USD 2 Qtrs
Merchant processing services MerchantDiscountFee $692.00M USD 2 Qtrs
Merchant processing services MerchantDiscountFee $374.00M USD 1 Quarter
Trust and investment management fees FeeAndCommissionFiduciaryAndTrustActivities $890.00M USD 2 Qtrs
Trust and investment management fees FeeAndCommissionFiduciaryAndTrustActivities $1.07B USD 2 Qtrs
Trust and investment management fees FeeAndCommissionFiduciaryAndTrustActivities $566.00M USD 1 Quarter
Trust and investment management fees FeeAndCommissionFiduciaryAndTrustActivities $446.00M USD 1 Quarter
Deposit service charges FeeAndCommissionDepositorAccounts $165.00M USD 1 Quarter
Deposit service charges FeeAndCommissionDepositorAccounts $342.00M USD 2 Qtrs
Deposit service charges FeeAndCommissionDepositorAccounts $337.00M USD 2 Qtrs
Deposit service charges FeeAndCommissionDepositorAccounts $176.00M USD 1 Quarter
Treasury management fees TreasuryManagementFees $160.00M USD 1 Quarter
Treasury management fees TreasuryManagementFees $307.00M USD 2 Qtrs
Treasury management fees TreasuryManagementFees $325.00M USD 2 Qtrs
Treasury management fees TreasuryManagementFees $169.00M USD 1 Quarter
Commercial products revenue CommercialProductsRevenue $280.00M USD 1 Quarter
Commercial products revenue CommercialProductsRevenue $556.00M USD 2 Qtrs
Commercial products revenue CommercialProductsRevenue $560.00M USD 2 Qtrs
Commercial products revenue CommercialProductsRevenue $290.00M USD 1 Quarter
Mortgage banking revenue FeesAndCommissionsMortgageBankingAndServicing $342.00M USD 2 Qtrs
Mortgage banking revenue FeesAndCommissionsMortgageBankingAndServicing $645.00M USD 2 Qtrs
Mortgage banking revenue FeesAndCommissionsMortgageBankingAndServicing $346.00M USD 1 Quarter
Mortgage banking revenue FeesAndCommissionsMortgageBankingAndServicing $142.00M USD 1 Quarter
Investment products fees InvestmentAdvisoryManagementAndAdministrativeFee $115.00M USD 2 Qtrs
Investment products fees InvestmentAdvisoryManagementAndAdministrativeFee $121.00M USD 2 Qtrs
Investment products fees InvestmentAdvisoryManagementAndAdministrativeFee $59.00M USD 1 Quarter
Investment products fees InvestmentAdvisoryManagementAndAdministrativeFee $60.00M USD 1 Quarter
Securities gains (losses), net DebtSecuritiesAvailableForSaleRealizedGainLoss $19.00M USD 1 Quarter
Securities gains (losses), net DebtSecuritiesAvailableForSaleRealizedGainLoss $68.00M USD 2 Qtrs
Securities gains (losses), net DebtSecuritiesAvailableForSaleRealizedGainLoss $37.00M USD 2 Qtrs
Securities gains (losses), net DebtSecuritiesAvailableForSaleRealizedGainLoss $43.00M USD 1 Quarter
Other NoninterestIncomeOtherOperatingIncome $200.00M USD 1 Quarter
Other NoninterestIncomeOtherOperatingIncome $390.00M USD 2 Qtrs
Other NoninterestIncomeOtherOperatingIncome $142.00M USD 1 Quarter
Other NoninterestIncomeOtherOperatingIncome $300.00M USD 2 Qtrs
Total noninterest income NoninterestIncome $5.00B USD 2 Qtrs
Total noninterest income NoninterestIncome $2.62B USD 1 Quarter
Total noninterest income NoninterestIncome $2.55B USD 1 Quarter
Total noninterest income NoninterestIncome $4.94B USD 2 Qtrs
Compensation SalariesWagesAndOfficersCompensation $1.87B USD 1 Quarter
Compensation SalariesWagesAndOfficersCompensation $1.80B USD 1 Quarter
Compensation SalariesWagesAndOfficersCompensation $3.73B USD 2 Qtrs
Compensation SalariesWagesAndOfficersCompensation $3.60B USD 2 Qtrs
Employee benefits OtherLaborRelatedExpenses $374.00M USD 1 Quarter
Employee benefits OtherLaborRelatedExpenses $721.00M USD 2 Qtrs
Employee benefits OtherLaborRelatedExpenses $770.00M USD 2 Qtrs
Employee benefits OtherLaborRelatedExpenses $337.00M USD 1 Quarter
Net occupancy and equipment OccupancyNet $534.00M USD 2 Qtrs
Net occupancy and equipment OccupancyNet $521.00M USD 2 Qtrs
Net occupancy and equipment OccupancyNet $258.00M USD 1 Quarter
Net occupancy and equipment OccupancyNet $265.00M USD 1 Quarter
Professional services ProfessionalFees $111.00M USD 1 Quarter
Professional services ProfessionalFees $225.00M USD 2 Qtrs
Professional services ProfessionalFees $108.00M USD 1 Quarter
Professional services ProfessionalFees $206.00M USD 2 Qtrs
Marketing and business development MarketingAndAdvertisingExpense $138.00M USD 2 Qtrs
Marketing and business development MarketingAndAdvertisingExpense $90.00M USD 1 Quarter
Marketing and business development MarketingAndAdvertisingExpense $106.00M USD 1 Quarter
Marketing and business development MarketingAndAdvertisingExpense $186.00M USD 2 Qtrs
Technology and communications CommunicationsAndInformationTechnology $350.00M USD 1 Quarter
Technology and communications CommunicationsAndInformationTechnology $721.00M USD 2 Qtrs
Technology and communications CommunicationsAndInformationTechnology $362.00M USD 1 Quarter
Technology and communications CommunicationsAndInformationTechnology $699.00M USD 2 Qtrs
Postage, printing and supplies SuppliesAndPostageExpense $134.00M USD 2 Qtrs
Postage, printing and supplies SuppliesAndPostageExpense $141.00M USD 2 Qtrs
Postage, printing and supplies SuppliesAndPostageExpense $69.00M USD 1 Quarter
Postage, printing and supplies SuppliesAndPostageExpense $65.00M USD 1 Quarter
Other intangibles AmortizationOfIntangibleAssets $78.00M USD 2 Qtrs
Other intangibles AmortizationOfIntangibleAssets $87.00M USD 2 Qtrs
Other intangibles AmortizationOfIntangibleAssets $40.00M USD 1 Quarter
Other intangibles AmortizationOfIntangibleAssets $40.00M USD 1 Quarter
Merger and integration charges MergerAndIntegrationCharges - USD 2 Qtrs
Merger and integration charges MergerAndIntegrationCharges $197.00M USD 2 Qtrs
Merger and integration charges MergerAndIntegrationCharges - USD 1 Quarter
Merger and integration charges MergerAndIntegrationCharges $197.00M USD 1 Quarter
Other OtherNoninterestExpense $662.00M USD 2 Qtrs
Other OtherNoninterestExpense $340.00M USD 1 Quarter
Other OtherNoninterestExpense $646.00M USD 2 Qtrs
Other OtherNoninterestExpense $329.00M USD 1 Quarter
Total noninterest expense NoninterestExpense $7.23B USD 2 Qtrs
Total noninterest expense NoninterestExpense $3.39B USD 1 Quarter
Total noninterest expense NoninterestExpense $3.72B USD 1 Quarter
Total noninterest expense NoninterestExpense $6.77B USD 2 Qtrs
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $1.95B USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $5.43B USD 2 Qtrs
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $3.90B USD 2 Qtrs
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $2.54B USD 1 Quarter
Applicable income taxes IncomeTaxExpenseBenefit $414.00M USD 1 Quarter
Applicable income taxes IncomeTaxExpenseBenefit $811.00M USD 2 Qtrs
Applicable income taxes IncomeTaxExpenseBenefit $551.00M USD 1 Quarter
Applicable income taxes IncomeTaxExpenseBenefit $1.16B USD 2 Qtrs
Net income ProfitLoss $4.27B USD 2 Qtrs
Net income ProfitLoss $1.53B USD 1 Quarter
Net income ProfitLoss $1.99B USD 1 Quarter
Net income ProfitLoss $3.09B USD 2 Qtrs
Net (income) loss attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $3.00M USD 1 Quarter
Net (income) loss attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $6.00M USD 1 Quarter
Net (income) loss attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $4.00M USD 2 Qtrs
Net (income) loss attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $11.00M USD 2 Qtrs
Net income attributable to U.S. Bancorp NetIncomeLoss $1.53B USD 1 Quarter
Net income attributable to U.S. Bancorp NetIncomeLoss $4.26B USD 2 Qtrs
Net income attributable to U.S. Bancorp NetIncomeLoss $1.98B USD 1 Quarter
Net income attributable to U.S. Bancorp NetIncomeLoss $3.09B USD 2 Qtrs
Net income applicable to U.S. Bancorp common shareholders NetIncomeLossAvailableToCommonStockholdersBasic $4.09B USD 2 Qtrs
Net income applicable to U.S. Bancorp common shareholders NetIncomeLossAvailableToCommonStockholdersBasic $1.46B USD 1 Quarter
Net income applicable to U.S. Bancorp common shareholders NetIncomeLossAvailableToCommonStockholdersBasic $2.93B USD 2 Qtrs
Net income applicable to U.S. Bancorp common shareholders NetIncomeLossAvailableToCommonStockholdersBasic $1.91B USD 1 Quarter
Earnings per common share EarningsPerShareBasic $1.29 USD 1 Quarter
Earnings per common share EarningsPerShareBasic $1.97 USD 2 Qtrs
Earnings per common share EarningsPerShareBasic $0.99 USD 1 Quarter
Earnings per common share EarningsPerShareBasic $2.73 USD 2 Qtrs
Diluted earnings per common share EarningsPerShareDiluted $2.73 USD 2 Qtrs
Diluted earnings per common share EarningsPerShareDiluted $1.97 USD 2 Qtrs
Diluted earnings per common share EarningsPerShareDiluted $0.99 USD 1 Quarter
Diluted earnings per common share EarningsPerShareDiluted $1.28 USD 1 Quarter
Average common shares outstanding WeightedAverageNumberOfSharesOutstandingBasic 1.50B shares 2 Qtrs
Average common shares outstanding WeightedAverageNumberOfSharesOutstandingBasic 1.49B shares 1 Quarter
Average common shares outstanding WeightedAverageNumberOfSharesOutstandingBasic 1.49B shares 1 Quarter
Average common shares outstanding WeightedAverageNumberOfSharesOutstandingBasic 1.49B shares 2 Qtrs
Average diluted common shares outstanding WeightedAverageNumberOfDilutedSharesOutstanding 1.49B shares 1 Quarter
Average diluted common shares outstanding WeightedAverageNumberOfDilutedSharesOutstanding 1.49B shares 1 Quarter
Average diluted common shares outstanding WeightedAverageNumberOfDilutedSharesOutstanding 1.49B shares 2 Qtrs
Average diluted common shares outstanding WeightedAverageNumberOfDilutedSharesOutstanding 1.50B shares 2 Qtrs
Cash Flow Statement 78 line items
Line Item Tag Value Unit Period
Net income attributable to U.S. Bancorp NetIncomeLoss $1.53B USD 1 Quarter
Net income attributable to U.S. Bancorp NetIncomeLoss $4.26B USD 2 Qtrs
Net income attributable to U.S. Bancorp NetIncomeLoss $1.98B USD 1 Quarter
Net income attributable to U.S. Bancorp NetIncomeLoss $3.09B USD 2 Qtrs
Provision for credit losses ProvisionForLoanLeaseAndOtherLosses $311.00M USD 1 Quarter
Provision for credit losses ProvisionForLoanLeaseAndOtherLosses $423.00M USD 2 Qtrs
Provision for credit losses ProvisionForLoanLeaseAndOtherLosses $-997.00M USD 2 Qtrs
Provision for credit losses ProvisionForLoanLeaseAndOtherLosses $-170.00M USD 1 Quarter
Depreciation and amortization of premises and equipment DepreciationNonproduction $168.00M USD 2 Qtrs
Depreciation and amortization of premises and equipment DepreciationNonproduction $170.00M USD 2 Qtrs
Amortization of intangibles AmortizationOfIntangibleAssets $78.00M USD 2 Qtrs
Amortization of intangibles AmortizationOfIntangibleAssets $87.00M USD 2 Qtrs
Amortization of intangibles AmortizationOfIntangibleAssets $40.00M USD 1 Quarter
Amortization of intangibles AmortizationOfIntangibleAssets $40.00M USD 1 Quarter
(Gain) loss on sale of loans held for sale GainLossOnSaleOfLoansHeldForSale $-192.00M USD 2 Qtrs
(Gain) loss on sale of loans held for sale GainLossOnSaleOfLoansHeldForSale $584.00M USD 2 Qtrs
(Gain) loss on sale of securities and other assets GainLossOnSaleOfOtherAssets $67.00M USD 2 Qtrs
(Gain) loss on sale of securities and other assets GainLossOnSaleOfOtherAssets $192.00M USD 2 Qtrs
Loans originated for sale, net of repayments PaymentsForOriginationAndPurchasesOfLoansHeldForSale $17.32B USD 2 Qtrs
Loans originated for sale, net of repayments PaymentsForOriginationAndPurchasesOfLoansHeldForSale $37.21B USD 2 Qtrs
Proceeds from sales of loans held for sale ProceedsFromSaleOfLoansHeldForSale $39.79B USD 2 Qtrs
Proceeds from sales of loans held for sale ProceedsFromSaleOfLoansHeldForSale $20.56B USD 2 Qtrs
Other, net OtherOperatingActivitiesCashFlowStatement $1.21B USD 2 Qtrs
Other, net OtherOperatingActivitiesCashFlowStatement $3.59B USD 2 Qtrs
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $6.52B USD 2 Qtrs
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $10.73B USD 2 Qtrs
Proceeds from sales of available-for-sale investment securities ProceedsFromSaleOfAvailableForSaleSecuritiesDebt $14.80B USD 2 Qtrs
Proceeds from sales of available-for-sale investment securities ProceedsFromSaleOfAvailableForSaleSecuritiesDebt $5.57B USD 2 Qtrs
Proceeds from maturities of held-to-maturity investment securities ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities $2.41B USD 2 Qtrs
Proceeds from maturities of available-for-sale investment securities ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities $23.68B USD 2 Qtrs
Proceeds from maturities of available-for-sale investment securities ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities $9.66B USD 2 Qtrs
Purchases of held-to-maturity investment securities PaymentsToAcquireHeldToMaturitySecurities $6.29B USD 2 Qtrs
Purchases of available-for-sale investment securities PaymentsToAcquireAvailableForSaleSecuritiesDebt $54.91B USD 2 Qtrs
Purchases of available-for-sale investment securities PaymentsToAcquireAvailableForSaleSecuritiesDebt $18.24B USD 2 Qtrs
Net (increase) decrease in loans outstanding PaymentsForProceedsFromLoansOutstanding $-727.00M USD 2 Qtrs
Net (increase) decrease in loans outstanding PaymentsForProceedsFromLoansOutstanding $20.07B USD 2 Qtrs
Proceeds from sales of loans ProceedsFromSaleOfLoansAndLeasesHeldForInvestment $2.39B USD 2 Qtrs
Proceeds from sales of loans ProceedsFromSaleOfLoansAndLeasesHeldForInvestment $1.67B USD 2 Qtrs
Purchases of loans PaymentsToAcquireLoansAndLeasesHeldForInvestment $1.70B USD 2 Qtrs
Purchases of loans PaymentsToAcquireLoansAndLeasesHeldForInvestment $2.57B USD 2 Qtrs
Net (increase) decrease in securities purchased under agreements to resell ProceedsFromPaymentsForSecuritiesPurchasedUnderAgreementsToResell $-154.00M USD 2 Qtrs
Net (increase) decrease in securities purchased under agreements to resell ProceedsFromPaymentsForSecuritiesPurchasedUnderAgreementsToResell $131.00M USD 2 Qtrs
Other, net PaymentsForProceedsFromOtherInvestingActivities $1.60B USD 2 Qtrs
Other, net PaymentsForProceedsFromOtherInvestingActivities $367.00M USD 2 Qtrs
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-25.36B USD 2 Qtrs
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-19.52B USD 2 Qtrs
Net increase in deposits IncreaseDecreaseInDeposits $11.02B USD 2 Qtrs
Net increase in deposits IncreaseDecreaseInDeposits $7.41B USD 2 Qtrs
Net increase in short-term borrowings ProceedsFromRepaymentsOfShortTermDebt $13.17B USD 2 Qtrs
Net increase in short-term borrowings ProceedsFromRepaymentsOfShortTermDebt $1.65B USD 2 Qtrs
Proceeds from issuance of long-term debt ProceedsFromIssuanceOfLongTermDebt $2.21B USD 2 Qtrs
Proceeds from issuance of long-term debt ProceedsFromIssuanceOfLongTermDebt $1.15B USD 2 Qtrs
Principal payments or redemption of long-term debt RepaymentsOfLongTermDebt $5.93B USD 2 Qtrs
Principal payments or redemption of long-term debt RepaymentsOfLongTermDebt $5.15B USD 2 Qtrs
Proceeds from issuance of preferred stock ProceedsFromIssuanceOfPreferredStockAndPreferenceStock $730.00M USD 2 Qtrs
Proceeds from issuance of preferred stock ProceedsFromIssuanceOfPreferredStockAndPreferenceStock $437.00M USD 2 Qtrs
Proceeds from issuance of common stock ProceedsFromIssuanceOfCommonStock $16.00M USD 2 Qtrs
Proceeds from issuance of common stock ProceedsFromIssuanceOfCommonStock $36.00M USD 2 Qtrs
Repurchase of preferred stock PaymentsForRepurchaseOfRedeemablePreferredStock $1.25B USD 2 Qtrs
Repurchase of preferred stock PaymentsForRepurchaseOfRedeemablePreferredStock $1.10B USD 2 Qtrs
Repurchase of common stock PaymentsForRepurchaseOfCommonStock $1.54B USD 2 Qtrs
Repurchase of common stock PaymentsForRepurchaseOfCommonStock $55.00M USD 2 Qtrs
Cash dividends paid on preferred stock PaymentsOfDividendsPreferredStockAndPreferenceStock $165.00M USD 2 Qtrs
Cash dividends paid on preferred stock PaymentsOfDividendsPreferredStockAndPreferenceStock $154.00M USD 2 Qtrs
Cash dividends paid on common stock PaymentsOfDividendsCommonStock $1.27B USD 2 Qtrs
Cash dividends paid on common stock PaymentsOfDividendsCommonStock $1.37B USD 2 Qtrs
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $19.01B USD 2 Qtrs
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $829.00M USD 2 Qtrs
Change in cash and due from banks CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-18.01B USD 2 Qtrs
Change in cash and due from banks CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $10.22B USD 2 Qtrs
Cash and due from banks at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $28.91B USD Point-in-time
Cash and due from banks at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $44.57B USD Point-in-time
Cash and due from banks at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $62.58B USD Point-in-time
Cash and due from banks at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $39.12B USD Point-in-time
Cash and due from banks at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $28.91B USD Point-in-time
Cash and due from banks at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $44.57B USD Point-in-time
Cash and due from banks at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $62.58B USD Point-in-time
Cash and due from banks at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $39.12B USD Point-in-time
Stockholders Equity 55 line items
Line Item Tag Value Unit Period
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $52.31B USD Point-in-time
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $51.67B USD Point-in-time
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $53.67B USD Point-in-time
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $53.73B USD Point-in-time
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $49.07B USD Point-in-time
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $55.39B USD Point-in-time
Net income (loss) ProfitLoss $4.27B USD 2 Qtrs
Net income (loss) ProfitLoss $1.53B USD 1 Quarter
Net income (loss) ProfitLoss $1.99B USD 1 Quarter
Net income (loss) ProfitLoss $3.09B USD 2 Qtrs
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-3.42B USD 1 Quarter
Common stock dividends, share CommonStockDividendsPerShareDeclared $0.92 USD 2 Qtrs
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-8.42B USD 2 Qtrs
Common stock dividends, share CommonStockDividendsPerShareDeclared $0.46 USD 1 Quarter
Common stock dividends, share CommonStockDividendsPerShareDeclared $0.42 USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-1.52B USD 2 Qtrs
Common stock dividends, share CommonStockDividendsPerShareDeclared $0.84 USD 2 Qtrs
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $893.00M USD 1 Quarter
Preferred stock dividends DividendsPreferredStock $148.00M USD 2 Qtrs
Preferred stock dividends DividendsPreferredStock $58.00M USD 1 Quarter
Preferred stock dividends DividendsPreferredStock $143.00M USD 2 Qtrs
Preferred stock dividends DividendsPreferredStock $59.00M USD 1 Quarter
Common stock dividends DividendsCommonStock $687.00M USD 1 Quarter
Common stock dividends DividendsCommonStock $625.00M USD 1 Quarter
Common stock dividends DividendsCommonStock $1.37B USD 2 Qtrs
Common stock dividends DividendsCommonStock $1.26B USD 2 Qtrs
Issuance of preferred stock StockIssuedDuringPeriodValueNewIssues $730.00M USD 2 Qtrs
Issuance of preferred stock StockIssuedDuringPeriodValueNewIssues $437.00M USD 2 Qtrs
Redemption of preferred stock StockRedeemedOrCalledDuringPeriodValue $750.00M USD 2 Qtrs
Issuance of common and treasury stock CommonAndTreasuryStockIssuedDuringPeriodValueNewIssues $36.00M USD 2 Qtrs
Issuance of common and treasury stock CommonAndTreasuryStockIssuedDuringPeriodValueNewIssues $18.00M USD 1 Quarter
Issuance of common and treasury stock CommonAndTreasuryStockIssuedDuringPeriodValueNewIssues $1.00M USD 1 Quarter
Issuance of common and treasury stock CommonAndTreasuryStockIssuedDuringPeriodValueNewIssues $17.00M USD 2 Qtrs
Purchase of treasury stock TreasuryStockValueAcquiredCostMethod $887.00M USD 1 Quarter
Purchase of treasury stock TreasuryStockValueAcquiredCostMethod $1.54B USD 2 Qtrs
Purchase of treasury stock TreasuryStockValueAcquiredCostMethod $1.00M USD 1 Quarter
Purchase of treasury stock TreasuryStockValueAcquiredCostMethod $55.00M USD 2 Qtrs
Distributions to noncontrolling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $4.00M USD 2 Qtrs
Distributions to noncontrolling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $6.00M USD 1 Quarter
Distributions to noncontrolling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $2.00M USD 1 Quarter
Distributions to noncontrolling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $11.00M USD 2 Qtrs
Net other changes in noncontrolling interests MinorityInterestIncreaseDecreaseNetOtherChanges $5.00M USD 2 Qtrs
Net other changes in noncontrolling interests MinorityInterestIncreaseDecreaseNetOtherChanges $5.00M USD 1 Quarter
Net other changes in noncontrolling interests MinorityInterestIncreaseDecreaseNetOtherChanges $-5.00M USD 1 Quarter
Net other changes in noncontrolling interests MinorityInterestIncreaseDecreaseNetOtherChanges $-5.00M USD 2 Qtrs
Stock option and restricted stock grants AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $43.00M USD 1 Quarter
Stock option and restricted stock grants AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $133.00M USD 2 Qtrs
Stock option and restricted stock grants AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $38.00M USD 1 Quarter
Stock option and restricted stock grants AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $135.00M USD 2 Qtrs
Ending Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $52.31B USD Point-in-time
Ending Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $51.67B USD Point-in-time
Ending Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $53.67B USD Point-in-time
Ending Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $53.73B USD Point-in-time
Ending Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $49.07B USD Point-in-time
Ending Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $55.39B USD Point-in-time
Comprehensive Income 40 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $4.27B USD 2 Qtrs
Net income ProfitLoss $1.53B USD 1 Quarter
Net income ProfitLoss $1.99B USD 1 Quarter
Net income ProfitLoss $3.09B USD 2 Qtrs
Changes in unrealized gains (losses) on investment securities available-for-sale OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax $-2.18B USD 2 Qtrs
Changes in unrealized gains (losses) on investment securities available-for-sale OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax $-11.52B USD 2 Qtrs
Changes in unrealized gains (losses) on investment securities available-for-sale OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax $1.20B USD 1 Quarter
Changes in unrealized gains (losses) on investment securities available-for-sale OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax $-4.76B USD 1 Quarter
Changes in unrealized gains (losses) on derivative hedges OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax $98.00M USD 1 Quarter
Changes in unrealized gains (losses) on derivative hedges OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax $98.00M USD 2 Qtrs
Changes in unrealized gains (losses) on derivative hedges OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax $14.00M USD 1 Quarter
Changes in unrealized gains (losses) on derivative hedges OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax $113.00M USD 2 Qtrs
Foreign currency translation OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax $24.00M USD 2 Qtrs
Foreign currency translation OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax $-3.00M USD 1 Quarter
Foreign currency translation OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax $-1.00M USD 1 Quarter
Foreign currency translation OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax $-3.00M USD 2 Qtrs
Reclassification to earnings of realized (gains) losses ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax $-7.00M USD 2 Qtrs
Reclassification to earnings of realized (gains) losses ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax $-84.00M USD 1 Quarter
Reclassification to earnings of realized (gains) losses ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax $-151.00M USD 2 Qtrs
Reclassification to earnings of realized (gains) losses ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax $11.00M USD 1 Quarter
Income taxes related to other comprehensive income (loss) OtherComprehensiveIncomeLossTax $-1.16B USD 1 Quarter
Income taxes related to other comprehensive income (loss) OtherComprehensiveIncomeLossTax $304.00M USD 1 Quarter
Income taxes related to other comprehensive income (loss) OtherComprehensiveIncomeLossTax $-515.00M USD 2 Qtrs
Income taxes related to other comprehensive income (loss) OtherComprehensiveIncomeLossTax $-2.85B USD 2 Qtrs
Total other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-3.42B USD 1 Quarter
Total other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-8.42B USD 2 Qtrs
Total other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-1.52B USD 2 Qtrs
Total other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $893.00M USD 1 Quarter
Comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-1.89B USD 1 Quarter
Comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-5.33B USD 2 Qtrs
Comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $2.88B USD 1 Quarter
Comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $2.75B USD 2 Qtrs
Comprehensive (income) loss attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $11.00M USD 2 Qtrs
Comprehensive (income) loss attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $3.00M USD 1 Quarter
Comprehensive (income) loss attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $4.00M USD 2 Qtrs
Comprehensive (income) loss attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $6.00M USD 1 Quarter
Comprehensive income (loss) attributable to U.S. Bancorp ComprehensiveIncomeNetOfTax $-1.89B USD 1 Quarter
Comprehensive income (loss) attributable to U.S. Bancorp ComprehensiveIncomeNetOfTax $-5.33B USD 2 Qtrs
Comprehensive income (loss) attributable to U.S. Bancorp ComprehensiveIncomeNetOfTax $2.88B USD 1 Quarter
Comprehensive income (loss) attributable to U.S. Bancorp ComprehensiveIncomeNetOfTax $2.74B USD 2 Qtrs

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

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