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10-Q Filing

US BANCORP DE CIK: 36104 Q3 2023
Filing Information
Form Type 10-Q
Accession Number 0001193125-23-268341
Period End Date 20230930
Filing Date 20231101
Fiscal Year 2023
Fiscal Period Q3
XBRL Instance d542369d10q_htm.xml
Balance Sheet 80 line items
Line Item Tag Value Unit Period
Cash and due from banks CashAndDueFromBanks $53.54B USD Point-in-time
Cash and due from banks CashAndDueFromBanks $64.35B USD Point-in-time
Held-to-maturity (fair value $70,359 and $77,874, respectively) DebtSecuritiesHeldToMaturityAmortizedCostAfterAllowanceForCreditLoss $88.74B USD Point-in-time
Held-to-maturity (fair value $70,359 and $77,874, respectively) DebtSecuritiesHeldToMaturityAmortizedCostAfterAllowanceForCreditLoss $85.34B USD Point-in-time
Available-for-sale ($292 and $858 pledged as collateral, respectively) AvailableForSaleSecuritiesDebtSecurities $72.91B USD Point-in-time
Available-for-sale ($292 and $858 pledged as collateral, respectively) AvailableForSaleSecuritiesDebtSecurities $67.21B USD Point-in-time
Loans held for sale (including $2,263 and $1,849 of mortgage loans carried at fair value, respectively) LoansReceivableHeldForSaleNetNotPartOfDisposalGroup $2.20B USD Point-in-time
Loans held for sale (including $2,263 and $1,849 of mortgage loans carried at fair value, respectively) LoansReceivableHeldForSaleNetNotPartOfDisposalGroup $2.34B USD Point-in-time
Total loans NotesReceivableGross $388.21B USD Point-in-time
Total loans NotesReceivableGross $375.23B USD Point-in-time
Held-to-maturity securities, Fair Value HeldToMaturitySecuritiesFairValue $70.36B USD Point-in-time
Held-to-maturity securities, Fair Value HeldToMaturitySecuritiesFairValue $77.87B USD Point-in-time
Less allowance for loan losses LoansAndLeasesReceivableAllowance $6.94B USD Point-in-time
Less allowance for loan losses LoansAndLeasesReceivableAllowance $7.22B USD Point-in-time
Net loans LoansAndLeasesReceivableNetReportedAmount $381.28B USD Point-in-time
Mortgage loans, carried at fair value MortgagesHeldForSaleFairValueDisclosure $2.26B USD Point-in-time
Mortgage loans, carried at fair value MortgagesHeldForSaleFairValueDisclosure $1.85B USD Point-in-time
Net loans LoansAndLeasesReceivableNetReportedAmount $368.02B USD Point-in-time
Premises and equipment PropertyPlantAndEquipmentNet $3.62B USD Point-in-time
Deposits fair value DepositsFairValueDisclosure $444.00M USD Point-in-time
Deposits fair value DepositsFairValueDisclosure - USD Point-in-time
Premises and equipment PropertyPlantAndEquipmentNet $3.86B USD Point-in-time
Goodwill Goodwill $12.47B 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
Goodwill Goodwill $12.37B USD Point-in-time
Other intangible assets IntangibleAssetsNetExcludingGoodwill $7.16B 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
Other intangible assets IntangibleAssetsNetExcludingGoodwill $6.43B USD 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
Other assets (including $2,585 and $702 of trading securities at fair value pledged as collateral, respectively) OtherAssets $58.26B USD Point-in-time
Other assets (including $2,585 and $702 of trading securities at fair value pledged as collateral, respectively) OtherAssets $52.75B USD Point-in-time
Treasury stock, shares (actual number of shares) TreasuryStockCommonShares 594.75M shares Point-in-time
Total assets Assets $668.04B USD Point-in-time
Total assets Assets $674.80B USD Point-in-time
Treasury stock, shares (actual number of shares) TreasuryStockCommonShares 568.74M shares Point-in-time
Noninterest-bearing NoninterestBearingDepositLiabilities $98.01B USD Point-in-time
Noninterest-bearing NoninterestBearingDepositLiabilities $137.74B USD Point-in-time
Interest-bearing (including $444 of time deposits carried at fair value at September 30, 2023) InterestBearingDepositLiabilities $387.23B USD Point-in-time
Interest-bearing (including $444 of time deposits carried at fair value at September 30, 2023) InterestBearingDepositLiabilities $420.35B USD Point-in-time
Total deposits Deposits $524.98B USD Point-in-time
Total deposits Deposits $518.36B USD Point-in-time
Short-term borrowings ShortTermBorrowings $21.90B USD Point-in-time
Short-term borrowings ShortTermBorrowings $31.22B USD Point-in-time
Long-term debt LongTermDebt $39.83B USD Point-in-time
Long-term debt LongTermDebt $43.07B USD Point-in-time
Other liabilities OtherLiabilities $31.13B USD Point-in-time
Other liabilities OtherLiabilities $27.55B USD Point-in-time
Total liabilities Liabilities $614.46B 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: 9/30/23 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: 9/30/23 and 12/31/222,125,725,742 shares CommonStockValue $21.00M USD Point-in-time
Capital surplus AdditionalPaidInCapitalCommonStock $8.71B USD Point-in-time
Capital surplus AdditionalPaidInCapitalCommonStock $8.68B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $74.02B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $71.90B USD Point-in-time
Less cost of common stock in treasury: 9/30/23568,744,300 shares; 12/31/22594,747,484 shares TreasuryStockCommonValue $25.27B USD Point-in-time
Less cost of common stock in treasury: 9/30/23568,744,300 shares; 12/31/22594,747,484 shares TreasuryStockCommonValue $24.17B USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $-12.26B USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $-10.36B USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $-12.50B USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $-10.72B USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $-1.94B USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $-11.41B USD Point-in-time
Total U.S. Bancorp shareholders' equity StockholdersEquity $50.77B USD Point-in-time
Total U.S. Bancorp shareholders' equity StockholdersEquity $53.11B 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 $49.07B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $53.48B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $55.39B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $47.98B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $51.23B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $53.58B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $668.04B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $674.80B USD Point-in-time
Income Statement 168 line items
Line Item Tag Value Unit Period
Loans InterestAndFeeIncomeLoansAndLeasesHeldInPortfolio $9.07B USD 3 Qtrs
Loans InterestAndFeeIncomeLoansAndLeasesHeldInPortfolio $16.58B USD 3 Qtrs
Loans InterestAndFeeIncomeLoansAndLeasesHeldInPortfolio $3.60B USD 1 Quarter
Loans InterestAndFeeIncomeLoansAndLeasesHeldInPortfolio $5.70B USD 1 Quarter
Loans held for sale InterestAndFeeIncomeLoansAndLeasesHeldForSale $42.00M USD 1 Quarter
Loans held for sale InterestAndFeeIncomeLoansAndLeasesHeldForSale $49.00M USD 1 Quarter
Loans held for sale InterestAndFeeIncomeLoansAndLeasesHeldForSale $111.00M USD 3 Qtrs
Loans held for sale InterestAndFeeIncomeLoansAndLeasesHeldForSale $163.00M USD 3 Qtrs
Investment securities InterestAndDividendIncomeSecurities $3.30B USD 3 Qtrs
Investment securities InterestAndDividendIncomeSecurities $1.15B USD 1 Quarter
Investment securities InterestAndDividendIncomeSecurities $867.00M USD 1 Quarter
Investment securities InterestAndDividendIncomeSecurities $2.39B USD 3 Qtrs
Other interest income OtherInterestAndDividendIncome $209.00M USD 1 Quarter
Other interest income OtherInterestAndDividendIncome $860.00M USD 1 Quarter
Other interest income OtherInterestAndDividendIncome $2.25B USD 3 Qtrs
Other interest income OtherInterestAndDividendIncome $347.00M USD 3 Qtrs
Total interest income InterestAndDividendIncomeOperating $7.75B USD 1 Quarter
Total interest income InterestAndDividendIncomeOperating $11.97B USD 3 Qtrs
Total interest income InterestAndDividendIncomeOperating $4.73B USD 1 Quarter
Total interest income InterestAndDividendIncomeOperating $22.24B USD 3 Qtrs
Deposits InterestExpenseDeposits $2.58B USD 1 Quarter
Deposits InterestExpenseDeposits $534.00M USD 1 Quarter
Deposits InterestExpenseDeposits $791.00M USD 3 Qtrs
Deposits InterestExpenseDeposits $6.02B USD 3 Qtrs
Short-term borrowings InterestExpenseShortTermBorrowings $169.00M USD 1 Quarter
Short-term borrowings InterestExpenseShortTermBorrowings $1.64B USD 3 Qtrs
Short-term borrowings InterestExpenseShortTermBorrowings $450.00M USD 1 Quarter
Short-term borrowings InterestExpenseShortTermBorrowings $247.00M USD 3 Qtrs
Long-term debt InterestExpenseLongTermDebt $198.00M USD 1 Quarter
Long-term debt InterestExpenseLongTermDebt $488.00M USD 1 Quarter
Long-term debt InterestExpenseLongTermDebt $1.30B USD 3 Qtrs
Long-term debt InterestExpenseLongTermDebt $498.00M USD 3 Qtrs
Total interest expense InterestExpense $8.96B USD 3 Qtrs
Total interest expense InterestExpense $1.54B USD 3 Qtrs
Total interest expense InterestExpense $901.00M USD 1 Quarter
Total interest expense InterestExpense $3.52B USD 1 Quarter
Net interest income InterestIncomeExpenseNet $4.24B USD 1 Quarter
Net interest income InterestIncomeExpenseNet $10.44B USD 3 Qtrs
Net interest income InterestIncomeExpenseNet $13.29B USD 3 Qtrs
Net interest income InterestIncomeExpenseNet $3.83B USD 1 Quarter
Provision for credit losses ProvisionForLoanLeaseAndOtherLosses $362.00M USD 1 Quarter
Provision for credit losses ProvisionForLoanLeaseAndOtherLosses $785.00M USD 3 Qtrs
Provision for credit losses ProvisionForLoanLeaseAndOtherLosses $1.76B USD 3 Qtrs
Provision for credit losses ProvisionForLoanLeaseAndOtherLosses $515.00M USD 1 Quarter
Net interest income after provision for credit losses InterestIncomeExpenseAfterProvisionForLoanLoss $3.72B USD 1 Quarter
Net interest income after provision for credit losses InterestIncomeExpenseAfterProvisionForLoanLoss $3.46B USD 1 Quarter
Net interest income after provision for credit losses InterestIncomeExpenseAfterProvisionForLoanLoss $9.65B USD 3 Qtrs
Net interest income after provision for credit losses InterestIncomeExpenseAfterProvisionForLoanLoss $11.52B USD 3 Qtrs
Card revenue FeeAndCommissionCreditAndDebitCards $1.19B USD 3 Qtrs
Card revenue FeeAndCommissionCreditAndDebitCards $412.00M USD 1 Quarter
Card revenue FeeAndCommissionCreditAndDebitCards $391.00M USD 1 Quarter
Card revenue FeeAndCommissionCreditAndDebitCards $1.13B USD 3 Qtrs
Corporate payment products revenue CorporatePaymentProductsRevenue $520.00M USD 3 Qtrs
Corporate payment products revenue CorporatePaymentProductsRevenue $577.00M USD 3 Qtrs
Corporate payment products revenue CorporatePaymentProductsRevenue $190.00M USD 1 Quarter
Corporate payment products revenue CorporatePaymentProductsRevenue $198.00M USD 1 Quarter
Merchant processing services MerchantDiscountFee $1.25B USD 3 Qtrs
Merchant processing services MerchantDiscountFee $1.19B USD 3 Qtrs
Merchant processing services MerchantDiscountFee $406.00M USD 1 Quarter
Merchant processing services MerchantDiscountFee $427.00M USD 1 Quarter
Trust and investment management fees FeeAndCommissionFiduciaryAndTrustActivities $627.00M USD 1 Quarter
Trust and investment management fees FeeAndCommissionFiduciaryAndTrustActivities $572.00M USD 1 Quarter
Trust and investment management fees FeeAndCommissionFiduciaryAndTrustActivities $1.84B USD 3 Qtrs
Trust and investment management fees FeeAndCommissionFiduciaryAndTrustActivities $1.64B USD 3 Qtrs
Service charges ServiceCharges $984.00M USD 3 Qtrs
Service charges ServiceCharges $982.00M USD 3 Qtrs
Service charges ServiceCharges $317.00M USD 1 Quarter
Service charges ServiceCharges $334.00M USD 1 Quarter
Commercial products revenue CommercialProductsRevenue $285.00M USD 1 Quarter
Commercial products revenue CommercialProductsRevenue $354.00M USD 1 Quarter
Commercial products revenue CommercialProductsRevenue $841.00M USD 3 Qtrs
Commercial products revenue CommercialProductsRevenue $1.05B USD 3 Qtrs
Mortgage banking revenue FeesAndCommissionsMortgageBankingAndServicing $81.00M USD 1 Quarter
Mortgage banking revenue FeesAndCommissionsMortgageBankingAndServicing $403.00M USD 3 Qtrs
Mortgage banking revenue FeesAndCommissionsMortgageBankingAndServicing $423.00M USD 3 Qtrs
Mortgage banking revenue FeesAndCommissionsMortgageBankingAndServicing $144.00M USD 1 Quarter
Investment products fees InvestmentAdvisoryManagementAndAdministrativeFee $56.00M USD 1 Quarter
Investment products fees InvestmentAdvisoryManagementAndAdministrativeFee $70.00M USD 1 Quarter
Investment products fees InvestmentAdvisoryManagementAndAdministrativeFee $177.00M USD 3 Qtrs
Investment products fees InvestmentAdvisoryManagementAndAdministrativeFee $206.00M USD 3 Qtrs
Securities gains (losses), net DebtSecuritiesAvailableForSaleRealizedGainLoss $-29.00M USD 3 Qtrs
Securities gains (losses), net DebtSecuritiesAvailableForSaleRealizedGainLoss $1.00M USD 1 Quarter
Securities gains (losses), net DebtSecuritiesAvailableForSaleRealizedGainLoss $38.00M USD 3 Qtrs
Securities gains (losses), net DebtSecuritiesAvailableForSaleRealizedGainLoss - USD 1 Quarter
Other NoninterestIncomeOtherOperatingIncome $198.00M USD 1 Quarter
Other NoninterestIncomeOtherOperatingIncome $530.00M USD 3 Qtrs
Other NoninterestIncomeOtherOperatingIncome $170.00M USD 1 Quarter
Other NoninterestIncomeOtherOperatingIncome $470.00M USD 3 Qtrs
Total noninterest income NoninterestIncome $7.41B USD 3 Qtrs
Total noninterest income NoninterestIncome $2.47B USD 1 Quarter
Total noninterest income NoninterestIncome $2.76B USD 1 Quarter
Total noninterest income NoninterestIncome $8.00B USD 3 Qtrs
Compensation and employee benefits EmployeeBenefitsAndShareBasedCompensation $7.91B USD 3 Qtrs
Compensation and employee benefits EmployeeBenefitsAndShareBasedCompensation $6.75B USD 3 Qtrs
Compensation and employee benefits EmployeeBenefitsAndShareBasedCompensation $2.26B USD 1 Quarter
Compensation and employee benefits EmployeeBenefitsAndShareBasedCompensation $2.62B USD 1 Quarter
Net occupancy and equipment OccupancyNet $806.00M USD 3 Qtrs
Net occupancy and equipment OccupancyNet $272.00M USD 1 Quarter
Net occupancy and equipment OccupancyNet $313.00M USD 1 Quarter
Net occupancy and equipment OccupancyNet $950.00M USD 3 Qtrs
Professional services ProfessionalFees $127.00M USD 1 Quarter
Professional services ProfessionalFees $356.00M USD 3 Qtrs
Professional services ProfessionalFees $131.00M USD 1 Quarter
Professional services ProfessionalFees $402.00M USD 3 Qtrs
Marketing and business development MarketingAndAdvertisingExpense $126.00M USD 1 Quarter
Marketing and business development MarketingAndAdvertisingExpense $420.00M USD 3 Qtrs
Marketing and business development MarketingAndAdvertisingExpense $176.00M USD 1 Quarter
Marketing and business development MarketingAndAdvertisingExpense $312.00M USD 3 Qtrs
Technology and communications CommunicationsAndInformationTechnology $1.27B USD 3 Qtrs
Technology and communications CommunicationsAndInformationTechnology $1.54B USD 3 Qtrs
Technology and communications CommunicationsAndInformationTechnology $511.00M USD 1 Quarter
Technology and communications CommunicationsAndInformationTechnology $427.00M USD 1 Quarter
Other intangibles AmortizationOfIntangibleAssets $43.00M USD 1 Quarter
Other intangibles AmortizationOfIntangibleAssets $130.00M USD 3 Qtrs
Other intangibles AmortizationOfIntangibleAssets $480.00M USD 3 Qtrs
Other intangibles AmortizationOfIntangibleAssets $161.00M USD 1 Quarter
Merger and integration charges MergerAndIntegrationCharges $239.00M USD 3 Qtrs
Merger and integration charges MergerAndIntegrationCharges $838.00M USD 3 Qtrs
Merger and integration charges MergerAndIntegrationCharges $42.00M USD 1 Quarter
Merger and integration charges MergerAndIntegrationCharges $284.00M USD 1 Quarter
Other OtherNoninterestExpense $1.12B USD 3 Qtrs
Other OtherNoninterestExpense $336.00M USD 1 Quarter
Other OtherNoninterestExpense $343.00M USD 1 Quarter
Other OtherNoninterestExpense $998.00M USD 3 Qtrs
Total noninterest expense NoninterestExpense $10.86B USD 3 Qtrs
Total noninterest expense NoninterestExpense $4.53B USD 1 Quarter
Total noninterest expense NoninterestExpense $3.64B USD 1 Quarter
Total noninterest expense NoninterestExpense $13.65B USD 3 Qtrs
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $2.30B USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $5.87B USD 3 Qtrs
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $6.20B USD 3 Qtrs
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $1.96B USD 1 Quarter
Applicable income taxes IncomeTaxExpenseBenefit $1.27B USD 3 Qtrs
Applicable income taxes IncomeTaxExpenseBenefit $1.29B USD 3 Qtrs
Applicable income taxes IncomeTaxExpenseBenefit $431.00M USD 1 Quarter
Applicable income taxes IncomeTaxExpenseBenefit $481.00M USD 1 Quarter
Net income (loss) ProfitLoss $1.82B USD 1 Quarter
Net income (loss) ProfitLoss $4.60B USD 3 Qtrs
Net income (loss) ProfitLoss $4.91B USD 3 Qtrs
Net income (loss) ProfitLoss $1.52B USD 1 Quarter
Net (income) loss attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $8.00M USD 3 Qtrs
Net (income) loss attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $15.00M USD 3 Qtrs
Net (income) loss attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $4.00M USD 1 Quarter
Net (income) loss attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $1.00M USD 1 Quarter
Net income (loss) attributable to U.S. Bancorp NetIncomeLoss $4.90B USD 3 Qtrs
Net income (loss) attributable to U.S. Bancorp NetIncomeLoss $1.52B USD 1 Quarter
Net income (loss) attributable to U.S. Bancorp NetIncomeLoss $1.81B USD 1 Quarter
Net income (loss) attributable to U.S. Bancorp NetIncomeLoss $4.58B USD 3 Qtrs
Net income applicable to U.S. Bancorp common shareholders NetIncomeLossAvailableToCommonStockholdersBasic $1.41B USD 1 Quarter
Net income applicable to U.S. Bancorp common shareholders NetIncomeLossAvailableToCommonStockholdersBasic $1.72B USD 1 Quarter
Net income applicable to U.S. Bancorp common shareholders NetIncomeLossAvailableToCommonStockholdersBasic $4.29B USD 3 Qtrs
Net income applicable to U.S. Bancorp common shareholders NetIncomeLossAvailableToCommonStockholdersBasic $4.65B USD 3 Qtrs
Earnings per common share EarningsPerShareBasic $2.79 USD 3 Qtrs
Earnings per common share EarningsPerShareBasic $0.91 USD 1 Quarter
Earnings per common share EarningsPerShareBasic $1.16 USD 1 Quarter
Earnings per common share EarningsPerShareBasic $3.13 USD 3 Qtrs
Diluted earnings per common share EarningsPerShareDiluted $1.16 USD 1 Quarter
Diluted earnings per common share EarningsPerShareDiluted $2.79 USD 3 Qtrs
Diluted earnings per common share EarningsPerShareDiluted $3.13 USD 3 Qtrs
Diluted earnings per common share EarningsPerShareDiluted $0.91 USD 1 Quarter
Average common shares outstanding WeightedAverageNumberOfSharesOutstandingBasic 1.49B shares 1 Quarter
Average common shares outstanding WeightedAverageNumberOfSharesOutstandingBasic 1.55B shares 1 Quarter
Average common shares outstanding WeightedAverageNumberOfSharesOutstandingBasic 1.49B shares 3 Qtrs
Average common shares outstanding WeightedAverageNumberOfSharesOutstandingBasic 1.54B shares 3 Qtrs
Average diluted common shares outstanding WeightedAverageNumberOfDilutedSharesOutstanding 1.49B shares 3 Qtrs
Average diluted common shares outstanding WeightedAverageNumberOfDilutedSharesOutstanding 1.49B shares 1 Quarter
Average diluted common shares outstanding WeightedAverageNumberOfDilutedSharesOutstanding 1.54B shares 3 Qtrs
Average diluted common shares outstanding WeightedAverageNumberOfDilutedSharesOutstanding 1.55B shares 1 Quarter
Cash Flow Statement 80 line items
Line Item Tag Value Unit Period
Net income attributable to U.S. Bancorp NetIncomeLoss $4.90B USD 3 Qtrs
Net income attributable to U.S. Bancorp NetIncomeLoss $1.52B USD 1 Quarter
Net income attributable to U.S. Bancorp NetIncomeLoss $1.81B USD 1 Quarter
Net income attributable to U.S. Bancorp NetIncomeLoss $4.58B USD 3 Qtrs
Provision for credit losses ProvisionForLoanLeaseAndOtherLosses $362.00M USD 1 Quarter
Provision for credit losses ProvisionForLoanLeaseAndOtherLosses $785.00M USD 3 Qtrs
Provision for credit losses ProvisionForLoanLeaseAndOtherLosses $1.76B USD 3 Qtrs
Provision for credit losses ProvisionForLoanLeaseAndOtherLosses $515.00M USD 1 Quarter
Depreciation and amortization of premises and equipment DepreciationNonproduction $255.00M USD 3 Qtrs
Depreciation and amortization of premises and equipment DepreciationNonproduction $288.00M USD 3 Qtrs
Amortization of intangibles AmortizationOfIntangibleAssets $43.00M USD 1 Quarter
Amortization of intangibles AmortizationOfIntangibleAssets $130.00M USD 3 Qtrs
Amortization of intangibles AmortizationOfIntangibleAssets $480.00M USD 3 Qtrs
Amortization of intangibles AmortizationOfIntangibleAssets $161.00M USD 1 Quarter
(Gain) loss on sale of loans held for sale GainLossOnSaleOfLoansHeldForSale $-136.00M USD 3 Qtrs
(Gain) loss on sale of loans held for sale GainLossOnSaleOfLoansHeldForSale $-26.00M USD 3 Qtrs
(Gain) loss on sale of securities and other assets GainLossOnSaleOfOtherAssets $173.00M USD 3 Qtrs
(Gain) loss on sale of securities and other assets GainLossOnSaleOfOtherAssets $-9.00M USD 3 Qtrs
Loans originated for sale, net of repayments PaymentsForOriginationAndPurchasesOfLoansHeldForSale $26.36B USD 3 Qtrs
Loans originated for sale, net of repayments PaymentsForOriginationAndPurchasesOfLoansHeldForSale $21.64B USD 3 Qtrs
Proceeds from sales of loans held for sale ProceedsFromSaleOfLoansHeldForSale $28.70B USD 3 Qtrs
Proceeds from sales of loans held for sale ProceedsFromSaleOfLoansHeldForSale $21.16B USD 3 Qtrs
Other, net OtherOperatingActivitiesCashFlowStatement $5.85B USD 3 Qtrs
Other, net OtherOperatingActivitiesCashFlowStatement $1.36B USD 3 Qtrs
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $14.23B USD 3 Qtrs
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $8.03B USD 3 Qtrs
Proceeds from sales of available-for-sale investment securities ProceedsFromSaleOfAvailableForSaleSecuritiesDebt $8.13B USD 3 Qtrs
Proceeds from sales of available-for-sale investment securities ProceedsFromSaleOfAvailableForSaleSecuritiesDebt $15.39B USD 3 Qtrs
Proceeds from maturities of held-to-maturity investment securities ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities $4.15B USD 3 Qtrs
Proceeds from maturities of held-to-maturity investment securities ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities $4.74B USD 3 Qtrs
Proceeds from maturities of available-for-sale investment securities ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities $4.83B USD 3 Qtrs
Proceeds from maturities of available-for-sale investment securities ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities $12.41B USD 3 Qtrs
Purchases of held-to-maturity investment securities PaymentsToAcquireHeldToMaturitySecurities $6.94B USD 3 Qtrs
Purchases of held-to-maturity investment securities PaymentsToAcquireHeldToMaturitySecurities $924.00M USD 3 Qtrs
Purchases of available-for-sale investment securities PaymentsToAcquireAvailableForSaleSecuritiesDebt $4.86B USD 3 Qtrs
Purchases of available-for-sale investment securities PaymentsToAcquireAvailableForSaleSecuritiesDebt $19.38B USD 3 Qtrs
Net decrease (increase) in loans outstanding PaymentsForProceedsFromLoansOutstanding $30.38B USD 3 Qtrs
Net decrease (increase) in loans outstanding PaymentsForProceedsFromLoansOutstanding $-2.95B USD 3 Qtrs
Proceeds from sales of loans ProceedsFromSaleOfLoansAndLeasesHeldForInvestment $3.05B USD 3 Qtrs
Proceeds from sales of loans ProceedsFromSaleOfLoansAndLeasesHeldForInvestment $5.62B USD 3 Qtrs
Purchases of loans PaymentsToAcquireLoansAndLeasesHeldForInvestment $1.93B USD 3 Qtrs
Purchases of loans PaymentsToAcquireLoansAndLeasesHeldForInvestment $900.00M USD 3 Qtrs
Net increase in securities purchased under agreements to resell ProceedsFromPaymentsForSecuritiesPurchasedUnderAgreementsToResell $-1.73B USD 3 Qtrs
Net increase in securities purchased under agreements to resell ProceedsFromPaymentsForSecuritiesPurchasedUnderAgreementsToResell $-37.00M USD 3 Qtrs
Other, net PaymentsForProceedsFromOtherInvestingActivities $736.00M USD 3 Qtrs
Other, net PaymentsForProceedsFromOtherInvestingActivities $3.41B USD 3 Qtrs
Net cash provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivities $-27.08B USD 3 Qtrs
Net cash provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivities $17.12B USD 3 Qtrs
Net (decrease) increase in deposits IncreaseDecreaseInDeposits $15.06B USD 3 Qtrs
Net (decrease) increase in deposits IncreaseDecreaseInDeposits $-6.25B USD 3 Qtrs
Net (decrease) increase in short-term borrowings ProceedsFromRepaymentsOfShortTermDebt $-9.89B USD 3 Qtrs
Net (decrease) increase in short-term borrowings ProceedsFromRepaymentsOfShortTermDebt $13.27B USD 3 Qtrs
Proceeds from issuance of long-term debt ProceedsFromIssuanceOfLongTermDebt $7.25B USD 3 Qtrs
Proceeds from issuance of long-term debt ProceedsFromIssuanceOfLongTermDebt $5.63B USD 3 Qtrs
Principal payments or redemption of long-term debt RepaymentsOfLongTermDebt $3.91B USD 3 Qtrs
Principal payments or redemption of long-term debt RepaymentsOfLongTermDebt $5.40B USD 3 Qtrs
Proceeds from issuance of preferred stock ProceedsFromIssuanceOfPreferredStockAndPreferenceStock - USD 3 Qtrs
Proceeds from issuance of preferred stock ProceedsFromIssuanceOfPreferredStockAndPreferenceStock $437.00M USD 3 Qtrs
Proceeds from issuance of common stock ProceedsFromIssuanceOfCommonStock $16.00M USD 3 Qtrs
Proceeds from issuance of common stock ProceedsFromIssuanceOfCommonStock $942.00M USD 3 Qtrs
Repurchase of preferred stock PaymentsForRepurchaseOfRedeemablePreferredStock $1.10B USD 3 Qtrs
Repurchase of preferred stock PaymentsForRepurchaseOfRedeemablePreferredStock - USD 3 Qtrs
Repurchase of common stock PaymentsForRepurchaseOfCommonStock $55.00M USD 3 Qtrs
Repurchase of common stock PaymentsForRepurchaseOfCommonStock $45.00M USD 3 Qtrs
Cash dividends paid on preferred stock PaymentsOfDividendsPreferredStockAndPreferenceStock $213.00M USD 3 Qtrs
Cash dividends paid on preferred stock PaymentsOfDividendsPreferredStockAndPreferenceStock $238.00M USD 3 Qtrs
Cash dividends paid on common stock PaymentsOfDividendsCommonStock $2.22B USD 3 Qtrs
Cash dividends paid on common stock PaymentsOfDividendsCommonStock $2.06B USD 3 Qtrs
Net cash (used in) provided by financing activities NetCashProvidedByUsedInFinancingActivities $25.59B USD 3 Qtrs
Net cash (used in) provided by financing activities NetCashProvidedByUsedInFinancingActivities $-14.34B USD 3 Qtrs
Change in cash and due from banks CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $10.81B USD 3 Qtrs
Change in cash and due from banks CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $12.75B USD 3 Qtrs
Cash and due from banks at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $41.65B 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 beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $64.35B 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 end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $41.65B USD Point-in-time
Cash and due from banks at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $53.54B USD Point-in-time
Cash and due from banks at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $64.35B USD Point-in-time
Cash and due from banks at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $28.91B USD Point-in-time
Stockholders Equity 51 line items
Line Item Tag Value Unit Period
Common stock dividends, share CommonStockDividendsPerShareDeclared $1.44 USD 3 Qtrs
Common stock dividends, share CommonStockDividendsPerShareDeclared $1.40 USD 3 Qtrs
Common stock dividends, share CommonStockDividendsPerShareDeclared $0.48 USD 1 Quarter
Common stock dividends, share CommonStockDividendsPerShareDeclared $0.48 USD 1 Quarter
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $49.07B USD Point-in-time
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $53.48B USD Point-in-time
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $55.39B USD Point-in-time
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $47.98B USD Point-in-time
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $51.23B USD Point-in-time
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $53.58B USD Point-in-time
Net income (loss) ProfitLoss $1.82B USD 1 Quarter
Net income (loss) ProfitLoss $4.60B USD 3 Qtrs
Net income (loss) ProfitLoss $4.91B USD 3 Qtrs
Net income (loss) ProfitLoss $1.52B USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-1.54B USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-2.14B USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-10.56B USD 3 Qtrs
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-848.00M USD 3 Qtrs
Preferred stock dividends DividendsPreferredStock $85.00M USD 1 Quarter
Preferred stock dividends DividendsPreferredStock $102.00M USD 1 Quarter
Preferred stock dividends DividendsPreferredStock $273.00M USD 3 Qtrs
Preferred stock dividends DividendsPreferredStock $228.00M USD 3 Qtrs
Common stock dividends DividendsCommonStock $2.23B USD 3 Qtrs
Common stock dividends DividendsCommonStock $2.09B USD 3 Qtrs
Common stock dividends DividendsCommonStock $717.00M USD 1 Quarter
Common stock dividends DividendsCommonStock $753.00M USD 1 Quarter
Issuance of preferred stock StockIssuedDuringPeriodValueNewIssues $437.00M USD 3 Qtrs
Issuance of common and treasury stock CommonAndTreasuryStockIssuedDuringPeriodValueNewIssues $18.00M USD 3 Qtrs
Issuance of common and treasury stock CommonAndTreasuryStockIssuedDuringPeriodValueNewIssues $923.00M USD 1 Quarter
Issuance of common and treasury stock CommonAndTreasuryStockIssuedDuringPeriodValueNewIssues $931.00M USD 3 Qtrs
Issuance of common and treasury stock CommonAndTreasuryStockIssuedDuringPeriodValueNewIssues $1.00M USD 1 Quarter
Purchase of treasury stock TreasuryStockValueAcquiredCostMethod $45.00M USD 3 Qtrs
Purchase of treasury stock TreasuryStockValueAcquiredCostMethod $1.00M USD 1 Quarter
Purchase of treasury stock TreasuryStockValueAcquiredCostMethod $55.00M USD 3 Qtrs
Distributions to noncontrolling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $8.00M USD 3 Qtrs
Distributions to noncontrolling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $1.00M USD 1 Quarter
Distributions to noncontrolling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $15.00M USD 3 Qtrs
Distributions to noncontrolling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $4.00M USD 1 Quarter
Net other changes in noncontrolling interests MinorityInterestIncreaseDecreaseNetOtherChanges $-4.00M USD 3 Qtrs
Net other changes in noncontrolling interests MinorityInterestIncreaseDecreaseNetOtherChanges $-1.00M USD 3 Qtrs
Net other changes in noncontrolling interests MinorityInterestIncreaseDecreaseNetOtherChanges $1.00M USD 1 Quarter
Stock option and restricted stock grants AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $36.00M USD 1 Quarter
Stock option and restricted stock grants AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $41.00M USD 1 Quarter
Stock option and restricted stock grants AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $187.00M USD 3 Qtrs
Stock option and restricted stock grants AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $171.00M USD 3 Qtrs
Ending Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $49.07B USD Point-in-time
Ending Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $53.48B USD Point-in-time
Ending Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $55.39B USD Point-in-time
Ending Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $47.98B USD Point-in-time
Ending Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $51.23B USD Point-in-time
Ending Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $53.58B USD Point-in-time
Comprehensive Income 41 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $1.82B USD 1 Quarter
Net income ProfitLoss $4.60B USD 3 Qtrs
Net income ProfitLoss $4.91B USD 3 Qtrs
Net income ProfitLoss $1.52B USD 1 Quarter
Changes in unrealized gains (losses) on investment securities available-for-sale OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax $-1.04B USD 3 Qtrs
Changes in unrealized gains (losses) on investment securities available-for-sale OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax $-14.32B USD 3 Qtrs
Changes in unrealized gains (losses) on investment securities available-for-sale OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax $-2.81B USD 1 Quarter
Changes in unrealized gains (losses) on investment securities available-for-sale OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax $-1.88B USD 1 Quarter
Changes in unrealized gains (losses) on derivative hedges OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax $-610.00M USD 3 Qtrs
Changes in unrealized gains (losses) on derivative hedges OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax $-349.00M USD 1 Quarter
Changes in unrealized gains (losses) on derivative hedges OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax $-134.00M USD 3 Qtrs
Changes in unrealized gains (losses) on derivative hedges OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax $-232.00M USD 1 Quarter
Foreign currency translation OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax $21.00M USD 3 Qtrs
Foreign currency translation OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax $3.00M USD 1 Quarter
Foreign currency translation OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax $-8.00M USD 1 Quarter
Foreign currency translation OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax $-11.00M USD 3 Qtrs
Changes in unrealized gains (losses) on retirement plans OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsAndTax $1.00M USD 1 Quarter
Reclassification to earnings of realized (gains) losses ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax $-186.00M USD 1 Quarter
Reclassification to earnings of realized (gains) losses ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax $-337.00M USD 3 Qtrs
Reclassification to earnings of realized (gains) losses ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax $-170.00M USD 1 Quarter
Reclassification to earnings of realized (gains) losses ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax $-475.00M USD 3 Qtrs
Income taxes related to other comprehensive income (loss) OtherComprehensiveIncomeLossTax $-3.58B USD 3 Qtrs
Income taxes related to other comprehensive income (loss) OtherComprehensiveIncomeLossTax $-302.00M USD 3 Qtrs
Income taxes related to other comprehensive income (loss) OtherComprehensiveIncomeLossTax $-521.00M USD 1 Quarter
Income taxes related to other comprehensive income (loss) OtherComprehensiveIncomeLossTax $-725.00M USD 1 Quarter
Total other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-1.54B USD 1 Quarter
Total other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-2.14B USD 1 Quarter
Total other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-10.56B USD 3 Qtrs
Total other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-848.00M USD 3 Qtrs
Comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $3.75B USD 3 Qtrs
Comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-13.00M USD 1 Quarter
Comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-323.00M USD 1 Quarter
Comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-5.65B USD 3 Qtrs
Comprehensive (income) loss attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $8.00M USD 3 Qtrs
Comprehensive (income) loss attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $1.00M USD 1 Quarter
Comprehensive (income) loss attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $4.00M USD 1 Quarter
Comprehensive (income) loss attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $15.00M USD 3 Qtrs
Comprehensive income (loss) attributable to U.S. Bancorp ComprehensiveIncomeNetOfTax $-327.00M USD 1 Quarter
Comprehensive income (loss) attributable to U.S. Bancorp ComprehensiveIncomeNetOfTax $-5.66B USD 3 Qtrs
Comprehensive income (loss) attributable to U.S. Bancorp ComprehensiveIncomeNetOfTax $3.73B USD 3 Qtrs
Comprehensive income (loss) attributable to U.S. Bancorp ComprehensiveIncomeNetOfTax $-14.00M USD 1 Quarter

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

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