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10-Q Filing

US BANCORP DE CIK: 36104 Q1 2023
Filing Information
Form Type 10-Q
Accession Number 0001193125-23-137980
Period End Date 20230331
Filing Date 20230508
Fiscal Year 2023
Fiscal Period Q1
XBRL Instance d796135d10q_htm.xml
Balance Sheet 74 line items
Line Item Tag Value Unit Period
Held-to-maturity securities, Fair Value HeldToMaturitySecuritiesFairValue $78.88B USD Point-in-time
Held-to-maturity securities, Fair Value HeldToMaturitySecuritiesFairValue $77.87B USD Point-in-time
Cash and due from banks CashAndDueFromBanks $53.54B USD Point-in-time
Cash and due from banks CashAndDueFromBanks $67.23B USD Point-in-time
Mortgage loans, carried at fair value MortgagesHeldForSaleFairValueDisclosure $1.99B USD Point-in-time
Held-to-maturity (fair value $78,876 and $77,874, respectively) DebtSecuritiesHeldToMaturityAmortizedCostAfterAllowanceForCreditLoss $88.46B USD Point-in-time
Mortgage loans, carried at fair value MortgagesHeldForSaleFairValueDisclosure $1.85B USD Point-in-time
Held-to-maturity (fair value $78,876 and $77,874, respectively) DebtSecuritiesHeldToMaturityAmortizedCostAfterAllowanceForCreditLoss $88.74B USD Point-in-time
Available-for-sale ($600 and $858 pledged as collateral, respectively) AvailableForSaleSecuritiesDebtSecurities $72.91B USD Point-in-time
Available-for-sale ($600 and $858 pledged as collateral, respectively) AvailableForSaleSecuritiesDebtSecurities $65.49B 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
Loans held for sale (including $1,990 and $1,849 of mortgage loans carried at fair value, respectively) LoansReceivableHeldForSaleNetNotPartOfDisposalGroup $2.20B USD Point-in-time
Common stock, share-authorized (actual number of shares) CommonStockSharesAuthorized 4.00B shares Point-in-time
Loans held for sale (including $1,990 and $1,849 of mortgage loans carried at fair value, respectively) LoansReceivableHeldForSaleNetNotPartOfDisposalGroup $2.38B USD Point-in-time
Common stock, share-authorized (actual number of shares) CommonStockSharesAuthorized 4.00B shares Point-in-time
Common stock, shares issued (actual number of shares) CommonStockSharesIssued 2.13B shares Point-in-time
Common stock, shares issued (actual number of shares) CommonStockSharesIssued 2.13B shares Point-in-time
Total loans NotesReceivableGross $387.87B USD Point-in-time
Treasury stock, shares (actual number of shares) TreasuryStockCommonShares 594.75M shares Point-in-time
Treasury stock, shares (actual number of shares) TreasuryStockCommonShares 592.85M shares Point-in-time
Total loans NotesReceivableGross $388.21B USD Point-in-time
Less allowance for loan losses LoansAndLeasesReceivableAllowance $7.02B USD Point-in-time
Less allowance for loan losses LoansAndLeasesReceivableAllowance $6.94B USD Point-in-time
Net loans LoansAndLeasesReceivableNetReportedAmount $381.28B USD Point-in-time
Net loans LoansAndLeasesReceivableNetReportedAmount $380.85B USD Point-in-time
Premises and equipment PropertyPlantAndEquipmentNet $3.86B USD Point-in-time
Premises and equipment PropertyPlantAndEquipmentNet $3.73B USD Point-in-time
Goodwill Goodwill $12.37B USD Point-in-time
Goodwill Goodwill $12.56B USD Point-in-time
Other intangible assets IntangibleAssetsNetExcludingGoodwill $6.88B USD Point-in-time
Other intangible assets IntangibleAssetsNetExcludingGoodwill $7.16B USD Point-in-time
Other assets (including $2,773 and $702 of trading securities at fair value pledged as collateral, respectively) OtherAssets $54.79B USD Point-in-time
Other assets (including $2,773 and $702 of trading securities at fair value pledged as collateral, respectively) OtherAssets $52.75B USD Point-in-time
Total assets Assets $682.38B USD Point-in-time
Total assets Assets $674.80B USD Point-in-time
Noninterest-bearing NoninterestBearingDepositLiabilities $137.74B USD Point-in-time
Noninterest-bearing NoninterestBearingDepositLiabilities $124.59B USD Point-in-time
Interest-bearing InterestBearingDepositLiabilities $387.23B USD Point-in-time
Interest-bearing InterestBearingDepositLiabilities $380.74B USD Point-in-time
Total deposits Deposits $524.98B USD Point-in-time
Total deposits Deposits $505.34B USD Point-in-time
Short-term borrowings ShortTermBorrowings $56.88B USD Point-in-time
Short-term borrowings ShortTermBorrowings $31.22B USD Point-in-time
Long-term debt LongTermDebt $42.05B USD Point-in-time
Long-term debt LongTermDebt $39.83B USD Point-in-time
Other liabilities OtherLiabilities $24.66B USD Point-in-time
Other liabilities OtherLiabilities $27.55B USD Point-in-time
Total liabilities Liabilities $628.92B USD Point-in-time
Total liabilities Liabilities $623.57B USD Point-in-time
Preferred stock PreferredStockIncludingAdditionalPaidInCapitalNetOfDiscount $6.81B USD Point-in-time
Preferred stock PreferredStockIncludingAdditionalPaidInCapitalNetOfDiscount $6.81B USD Point-in-time
Common stock, par value $0.01 a shareauthorized: 4,000,000,000 shares; issued: 3/31/23 and 12/31/222,125,725,742 shares CommonStockValue $21.00M USD Point-in-time
Common stock, par value $0.01 a shareauthorized: 4,000,000,000 shares; issued: 3/31/23 and 12/31/222,125,725,742 shares CommonStockValue $21.00M USD Point-in-time
Capital surplus AdditionalPaidInCapitalCommonStock $8.70B USD Point-in-time
Capital surplus AdditionalPaidInCapitalCommonStock $8.71B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $71.90B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $72.81B USD Point-in-time
Less cost of common stock in treasury: 3/31/23592,852,310 shares; 12/31/22594,747,484 shares TreasuryStockCommonValue $25.27B USD Point-in-time
Less cost of common stock in treasury: 3/31/23592,852,310 shares; 12/31/22594,747,484 shares TreasuryStockCommonValue $25.19B USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $-11.41B USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $-10.15B USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $-6.94B USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $-1.94B USD Point-in-time
Total U.S. Bancorp shareholders' equity StockholdersEquity $52.99B USD Point-in-time
Total U.S. Bancorp shareholders' equity StockholdersEquity $50.77B USD Point-in-time
Noncontrolling interests MinorityInterest $465.00M USD Point-in-time
Noncontrolling interests MinorityInterest $466.00M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $51.23B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $51.67B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $53.45B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $55.39B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $682.38B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $674.80B USD Point-in-time
Income Statement 83 line items
Line Item Tag Value Unit Period
Loans InterestAndFeeIncomeLoansAndLeasesHeldInPortfolio $2.60B USD 1 Quarter
Loans InterestAndFeeIncomeLoansAndLeasesHeldInPortfolio $5.28B USD 1 Quarter
Loans held for sale InterestAndFeeIncomeLoansAndLeasesHeldForSale $31.00M USD 1 Quarter
Loans held for sale InterestAndFeeIncomeLoansAndLeasesHeldForSale $60.00M USD 1 Quarter
Investment securities InterestAndDividendIncomeSecurities $1.07B USD 1 Quarter
Investment securities InterestAndDividendIncomeSecurities $717.00M USD 1 Quarter
Other interest income OtherInterestAndDividendIncome $42.00M USD 1 Quarter
Other interest income OtherInterestAndDividendIncome $582.00M USD 1 Quarter
Total interest income InterestAndDividendIncomeOperating $6.96B USD 1 Quarter
Total interest income InterestAndDividendIncomeOperating $3.42B USD 1 Quarter
Deposits InterestExpenseDeposits $80.00M USD 1 Quarter
Deposits InterestExpenseDeposits $1.50B USD 1 Quarter
Short-term borrowings InterestExpenseShortTermBorrowings $21.00M USD 1 Quarter
Short-term borrowings InterestExpenseShortTermBorrowings $449.00M USD 1 Quarter
Long-term debt InterestExpenseLongTermDebt $144.00M USD 1 Quarter
Long-term debt InterestExpenseLongTermDebt $376.00M USD 1 Quarter
Total interest expense InterestExpense $2.33B USD 1 Quarter
Total interest expense InterestExpense $245.00M USD 1 Quarter
Net interest income InterestIncomeExpenseNet $3.17B USD 1 Quarter
Net interest income InterestIncomeExpenseNet $4.63B USD 1 Quarter
Provision for credit losses ProvisionForLoanLeaseAndOtherLosses $427.00M USD 1 Quarter
Provision for credit losses ProvisionForLoanLeaseAndOtherLosses $112.00M USD 1 Quarter
Net interest income after provision for credit losses InterestIncomeExpenseAfterProvisionForLoanLoss $3.06B USD 1 Quarter
Net interest income after provision for credit losses InterestIncomeExpenseAfterProvisionForLoanLoss $4.21B USD 1 Quarter
Card revenue FeeAndCommissionCreditAndDebitCards $338.00M USD 1 Quarter
Card revenue FeeAndCommissionCreditAndDebitCards $360.00M USD 1 Quarter
Corporate payment products revenue CorporatePaymentProductsRevenue $189.00M USD 1 Quarter
Corporate payment products revenue CorporatePaymentProductsRevenue $158.00M USD 1 Quarter
Merchant processing services MerchantDiscountFee $363.00M USD 1 Quarter
Merchant processing services MerchantDiscountFee $387.00M USD 1 Quarter
Trust and investment management fees FeeAndCommissionFiduciaryAndTrustActivities $590.00M USD 1 Quarter
Trust and investment management fees FeeAndCommissionFiduciaryAndTrustActivities $500.00M USD 1 Quarter
Service charges ServiceCharges $333.00M USD 1 Quarter
Service charges ServiceCharges $324.00M USD 1 Quarter
Commercial products revenue CommercialProductsRevenue $266.00M USD 1 Quarter
Commercial products revenue CommercialProductsRevenue $334.00M USD 1 Quarter
Mortgage banking revenue FeesAndCommissionsMortgageBankingAndServicing $128.00M USD 1 Quarter
Mortgage banking revenue FeesAndCommissionsMortgageBankingAndServicing $200.00M USD 1 Quarter
Investment products fees InvestmentAdvisoryManagementAndAdministrativeFee $62.00M USD 1 Quarter
Investment products fees InvestmentAdvisoryManagementAndAdministrativeFee $68.00M USD 1 Quarter
Securities gains (losses), net DebtSecuritiesAvailableForSaleRealizedGainLoss $18.00M USD 1 Quarter
Securities gains (losses), net DebtSecuritiesAvailableForSaleRealizedGainLoss $-32.00M USD 1 Quarter
Other NoninterestIncomeOtherOperatingIncome $159.00M USD 1 Quarter
Other NoninterestIncomeOtherOperatingIncome $158.00M USD 1 Quarter
Total noninterest income NoninterestIncome $2.40B USD 1 Quarter
Total noninterest income NoninterestIncome $2.51B USD 1 Quarter
Compensation and employee benefits EmployeeBenefitsAndShareBasedCompensation $2.25B USD 1 Quarter
Compensation and employee benefits EmployeeBenefitsAndShareBasedCompensation $2.65B USD 1 Quarter
Net occupancy and equipment OccupancyNet $321.00M USD 1 Quarter
Net occupancy and equipment OccupancyNet $269.00M USD 1 Quarter
Professional services ProfessionalFees $134.00M USD 1 Quarter
Professional services ProfessionalFees $114.00M USD 1 Quarter
Marketing and business development MarketingAndAdvertisingExpense $122.00M USD 1 Quarter
Marketing and business development MarketingAndAdvertisingExpense $80.00M USD 1 Quarter
Technology and communications CommunicationsAndInformationTechnology $503.00M USD 1 Quarter
Technology and communications CommunicationsAndInformationTechnology $421.00M USD 1 Quarter
Other intangibles AmortizationOfIntangibleAssets $47.00M USD 1 Quarter
Other intangibles AmortizationOfIntangibleAssets $160.00M USD 1 Quarter
Merger and integration charges MergerAndIntegrationCharges $244.00M USD 1 Quarter
Other OtherNoninterestExpense $425.00M USD 1 Quarter
Other OtherNoninterestExpense $322.00M USD 1 Quarter
Total noninterest expense NoninterestExpense $4.55B USD 1 Quarter
Total noninterest expense NoninterestExpense $3.50B USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $1.96B USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $2.16B USD 1 Quarter
Applicable income taxes IncomeTaxExpenseBenefit $397.00M USD 1 Quarter
Applicable income taxes IncomeTaxExpenseBenefit $455.00M USD 1 Quarter
Net income (loss) ProfitLoss $1.56B USD 1 Quarter
Net income (loss) ProfitLoss $1.70B USD 1 Quarter
Net (income) loss attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $1.00M USD 1 Quarter
Net (income) loss attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $6.00M USD 1 Quarter
Net income (loss) attributable to U.S. Bancorp NetIncomeLoss $1.56B USD 1 Quarter
Net income (loss) attributable to U.S. Bancorp NetIncomeLoss $1.70B USD 1 Quarter
Net income applicable to U.S. Bancorp common shareholders NetIncomeLossAvailableToCommonStockholdersBasic $1.59B USD 1 Quarter
Net income applicable to U.S. Bancorp common shareholders NetIncomeLossAvailableToCommonStockholdersBasic $1.47B USD 1 Quarter
Earnings per common share EarningsPerShareBasic $0.99 USD 1 Quarter
Earnings per common share EarningsPerShareBasic $1.04 USD 1 Quarter
Diluted earnings per common share EarningsPerShareDiluted $1.04 USD 1 Quarter
Diluted earnings per common share EarningsPerShareDiluted $0.99 USD 1 Quarter
Average common shares outstanding WeightedAverageNumberOfSharesOutstandingBasic 1.53B shares 1 Quarter
Average common shares outstanding WeightedAverageNumberOfSharesOutstandingBasic 1.49B shares 1 Quarter
Average diluted common shares outstanding WeightedAverageNumberOfDilutedSharesOutstanding 1.53B shares 1 Quarter
Average diluted common shares outstanding WeightedAverageNumberOfDilutedSharesOutstanding 1.49B shares 1 Quarter
Cash Flow Statement 73 line items
Line Item Tag Value Unit Period
Interest-bearing deposits in banks InterestBearingDepositsInBanks $1.00B USD Point-in-time
Net income attributable to U.S. Bancorp NetIncomeLoss $1.56B USD 1 Quarter
Net income attributable to U.S. Bancorp NetIncomeLoss $1.70B USD 1 Quarter
Provision for credit losses ProvisionForLoanLeaseAndOtherLosses $427.00M USD 1 Quarter
Provision for credit losses ProvisionForLoanLeaseAndOtherLosses $112.00M USD 1 Quarter
Depreciation and amortization of premises and equipment DepreciationNonproduction $97.00M USD 1 Quarter
Depreciation and amortization of premises and equipment DepreciationNonproduction $85.00M USD 1 Quarter
Amortization of intangibles AmortizationOfIntangibleAssets $47.00M USD 1 Quarter
Amortization of intangibles AmortizationOfIntangibleAssets $160.00M USD 1 Quarter
(Gain) loss on sale of loans held for sale GainLossOnSaleOfLoansHeldForSale $-62.00M USD 1 Quarter
(Gain) loss on sale of loans held for sale GainLossOnSaleOfLoansHeldForSale $-7.00M USD 1 Quarter
(Gain) loss on sale of securities and other assets GainLossOnSaleOfOtherAssets $-32.00M USD 1 Quarter
(Gain) loss on sale of securities and other assets GainLossOnSaleOfOtherAssets $42.00M USD 1 Quarter
Loans originated for sale, net of repayments PaymentsForOriginationAndPurchasesOfLoansHeldForSale $9.83B USD 1 Quarter
Loans originated for sale, net of repayments PaymentsForOriginationAndPurchasesOfLoansHeldForSale $7.02B USD 1 Quarter
Proceeds from sales of loans held for sale ProceedsFromSaleOfLoansHeldForSale $6.73B USD 1 Quarter
Proceeds from sales of loans held for sale ProceedsFromSaleOfLoansHeldForSale $13.87B USD 1 Quarter
Other, net OtherOperatingActivitiesCashFlowStatement $-1.28B USD 1 Quarter
Other, net OtherOperatingActivitiesCashFlowStatement $2.61B USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $8.48B USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $842.00M USD 1 Quarter
Proceeds from sales of available-for-sale investment securities ProceedsFromSaleOfAvailableForSaleSecuritiesDebt $7.72B USD 1 Quarter
Proceeds from sales of available-for-sale investment securities ProceedsFromSaleOfAvailableForSaleSecuritiesDebt $12.53B USD 1 Quarter
Proceeds from maturities of held-to-maturity investment securities ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities $1.32B USD 1 Quarter
Proceeds from maturities of held-to-maturity investment securities ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities $1.17B USD 1 Quarter
Proceeds from maturities of available-for-sale investment securities ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities $1.41B USD 1 Quarter
Proceeds from maturities of available-for-sale investment securities ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities $5.50B USD 1 Quarter
Purchases of held-to-maturity investment securities PaymentsToAcquireHeldToMaturitySecurities $2.93B USD 1 Quarter
Purchases of held-to-maturity investment securities PaymentsToAcquireHeldToMaturitySecurities $924.00M USD 1 Quarter
Purchases of available-for-sale investment securities PaymentsToAcquireAvailableForSaleSecuritiesDebt $217.00M USD 1 Quarter
Purchases of available-for-sale investment securities PaymentsToAcquireAvailableForSaleSecuritiesDebt $15.99B USD 1 Quarter
Net decrease (increase) in loans outstanding PaymentsForProceedsFromLoansOutstanding $7.28B USD 1 Quarter
Net decrease (increase) in loans outstanding PaymentsForProceedsFromLoansOutstanding $-165.00M USD 1 Quarter
Proceeds from sales of loans ProceedsFromSaleOfLoansAndLeasesHeldForInvestment $1.31B USD 1 Quarter
Proceeds from sales of loans ProceedsFromSaleOfLoansAndLeasesHeldForInvestment $257.00M USD 1 Quarter
Purchases of loans PaymentsToAcquireLoansAndLeasesHeldForInvestment $339.00M USD 1 Quarter
Purchases of loans PaymentsToAcquireLoansAndLeasesHeldForInvestment $1.07B USD 1 Quarter
Net increase in securities purchased under agreements to resell ProceedsFromPaymentsForSecuritiesPurchasedUnderAgreementsToResell $-1.53B USD 1 Quarter
Net increase in securities purchased under agreements to resell ProceedsFromPaymentsForSecuritiesPurchasedUnderAgreementsToResell $-147.00M USD 1 Quarter
Other, net PaymentsForProceedsFromOtherInvestingActivities $452.00M USD 1 Quarter
Other, net PaymentsForProceedsFromOtherInvestingActivities $2.91B USD 1 Quarter
Net cash provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivities $4.94B USD 1 Quarter
Net cash provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivities $-7.36B USD 1 Quarter
Net (decrease) increase in deposits IncreaseDecreaseInDeposits $5.46B USD 1 Quarter
Net (decrease) increase in deposits IncreaseDecreaseInDeposits $-19.24B USD 1 Quarter
Net increase in short-term borrowings ProceedsFromRepaymentsOfShortTermDebt $9.25B USD 1 Quarter
Net increase in short-term borrowings ProceedsFromRepaymentsOfShortTermDebt $24.88B USD 1 Quarter
Proceeds from issuance of long-term debt ProceedsFromIssuanceOfLongTermDebt $3.70B USD 1 Quarter
Proceeds from issuance of long-term debt ProceedsFromIssuanceOfLongTermDebt $2.15B USD 1 Quarter
Principal payments or redemption of long-term debt RepaymentsOfLongTermDebt $1.59B USD 1 Quarter
Principal payments or redemption of long-term debt RepaymentsOfLongTermDebt $1.12B USD 1 Quarter
Proceeds from issuance of preferred stock ProceedsFromIssuanceOfPreferredStockAndPreferenceStock $437.00M USD 1 Quarter
Proceeds from issuance of common stock ProceedsFromIssuanceOfCommonStock $6.00M USD 1 Quarter
Proceeds from issuance of common stock ProceedsFromIssuanceOfCommonStock $15.00M USD 1 Quarter
Repurchase of preferred stock PaymentsForRepurchaseOfRedeemablePreferredStock $1.10B USD 1 Quarter
Repurchase of common stock PaymentsForRepurchaseOfCommonStock $54.00M USD 1 Quarter
Repurchase of common stock PaymentsForRepurchaseOfCommonStock $44.00M USD 1 Quarter
Cash dividends paid on preferred stock PaymentsOfDividendsPreferredStockAndPreferenceStock $67.00M USD 1 Quarter
Cash dividends paid on preferred stock PaymentsOfDividendsPreferredStockAndPreferenceStock $70.00M USD 1 Quarter
Cash dividends paid on common stock PaymentsOfDividendsCommonStock $740.00M USD 1 Quarter
Cash dividends paid on common stock PaymentsOfDividendsCommonStock $687.00M USD 1 Quarter
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $14.29B USD 1 Quarter
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $6.90B USD 1 Quarter
Change in cash and due from banks CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $12.69B USD 1 Quarter
Change in cash and due from banks CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $15.40B USD 1 Quarter
Cash and due from banks at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $66.23B USD Point-in-time
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 $44.30B USD Point-in-time
Cash and due from banks at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $53.54B USD Point-in-time
Cash and due from banks at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $66.23B 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 $44.30B USD Point-in-time
Cash and due from banks at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $53.54B USD Point-in-time
Stockholders Equity 27 line items
Line Item Tag Value Unit Period
Common stock dividends, share CommonStockDividendsPerShareDeclared $0.48 USD 1 Quarter
Common stock dividends, share CommonStockDividendsPerShareDeclared $0.46 USD 1 Quarter
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $51.23B USD Point-in-time
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $51.67B USD Point-in-time
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $53.45B USD Point-in-time
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $55.39B USD Point-in-time
Net income (loss) ProfitLoss $1.56B USD 1 Quarter
Net income (loss) ProfitLoss $1.70B USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $1.25B USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-5.00B USD 1 Quarter
Preferred stock dividends DividendsPreferredStock $98.00M USD 1 Quarter
Preferred stock dividends DividendsPreferredStock $84.00M USD 1 Quarter
Common stock dividends DividendsCommonStock $740.00M USD 1 Quarter
Common stock dividends DividendsCommonStock $687.00M USD 1 Quarter
Issuance of preferred stock StockIssuedDuringPeriodValueNewIssues $437.00M USD 1 Quarter
Issuance of common and treasury stock CommonAndTreasuryStockIssuedDuringPeriodValueNewIssues $6.00M USD 1 Quarter
Issuance of common and treasury stock CommonAndTreasuryStockIssuedDuringPeriodValueNewIssues $16.00M USD 1 Quarter
Purchase of treasury stock TreasuryStockValueAcquiredCostMethod $44.00M USD 1 Quarter
Purchase of treasury stock TreasuryStockValueAcquiredCostMethod $54.00M USD 1 Quarter
Distributions to noncontrolling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $7.00M USD 1 Quarter
Distributions to noncontrolling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $2.00M USD 1 Quarter
Stock option and restricted stock grants AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $101.00M USD 1 Quarter
Stock option and restricted stock grants AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $92.00M USD 1 Quarter
Ending Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $51.23B USD Point-in-time
Ending Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $51.67B USD Point-in-time
Ending Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $53.45B USD Point-in-time
Ending Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $55.39B USD Point-in-time
Comprehensive Income 19 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $1.56B USD 1 Quarter
Net income ProfitLoss $1.70B USD 1 Quarter
Changes in unrealized gains (losses) on investment securities available-for-sale OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax $-6.75B USD 1 Quarter
Changes in unrealized gains (losses) on investment securities available-for-sale OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax $1.30B USD 1 Quarter
Changes in unrealized gains (losses) on derivative hedges OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax $204.00M USD 1 Quarter
Foreign currency translation OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax $-1.00M USD 1 Quarter
Changes in unrealized gains (losses) on retirement plans OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsAndTax $-1.00M USD 1 Quarter
Reclassification to earnings of realized (gains) losses ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax $-158.00M USD 1 Quarter
Reclassification to earnings of realized (gains) losses ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax $-67.00M USD 1 Quarter
Income taxes related to other comprehensive income (loss) OtherComprehensiveIncomeLossTax $413.00M USD 1 Quarter
Income taxes related to other comprehensive income (loss) OtherComprehensiveIncomeLossTax $-1.69B USD 1 Quarter
Total other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $1.25B USD 1 Quarter
Total other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-5.00B USD 1 Quarter
Comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $2.96B USD 1 Quarter
Comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-3.44B USD 1 Quarter
Comprehensive (income) loss attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $6.00M USD 1 Quarter
Comprehensive (income) loss attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $1.00M USD 1 Quarter
Comprehensive income (loss) attributable to U.S. Bancorp ComprehensiveIncomeNetOfTax $-3.44B USD 1 Quarter
Comprehensive income (loss) attributable to U.S. Bancorp ComprehensiveIncomeNetOfTax $2.95B USD 1 Quarter

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

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