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Consolidated Statement of Comprehensive Income - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Statement of Comprehensive Income [Abstract]      
Net income $ 5,458 $ 5,838 $ 7,985
Other Comprehensive Income (Loss)      
Changes in unrealized gains (losses) on investment securities available-for-sale 1,500 (13,656) (3,698)
Changes in unrealized gains (losses) on derivative hedges (252) (75) 125
Foreign currency translation 21 (10) 35
Changes in unrealized gains (losses) on retirement plans (262) 526 400
Reclassification to earnings of realized (gains) losses 748 544 104
Income taxes related to other comprehensive income (loss) (444) 3,207 769
Total other comprehensive income (loss) 1,311 (9,464) (2,265)
Comprehensive income (loss) 6,769 (3,626) 5,720
Comprehensive (income) loss attributable to noncontrolling interests (29) (13) (22)
Comprehensive income (loss) attributable to U.S. Bancorp $ 6,740 $ (3,639) $ 5,698