Consolidated Statement of Income (Unaudited) (USD $) In Millions, except Per Share data	3 Months Ended		6 Months Ended
	Jun. 30, 2011	Jun. 30, 2010	Jun. 30, 2011	Jun. 30, 2010
Interest Income
Loans	$ 2,563	$ 2,515	$ 5,115	$ 5,020
Loans held for sale	34	47	97	91
Investment securities	459	394	887	804
Other interest income	63	39	120	73
Total interest income	3,119	2,995	6,219	5,988
Interest Expense
Deposits	210	229	444	465
Short-term borrowings	131	137	264	265
Long-term debt	290	272	571	549
Total interest expense	631	638	1,279	1,279
Net interest income	2,488	2,357	4,940	4,709
Provision for credit losses	572	1,139	1,327	2,449
Net interest income after provision for credit losses	1,916	1,218	3,613	2,260
Noninterest Income
Credit and debit card revenue	286	266	553	524
Corporate payment products revenue	185	178	360	346
Merchant processing services	338	320	639	612
ATM processing services	114	108	226	213
Trust and investment management fees	258	267	514	531
Deposit service charges	162	199	305	406
Treasury management fees	144	145	281	282
Commercial products revenue	218	205	409	366
Mortgage banking revenue	239	243	438	443
Investment products fees and commissions	35	30	67	55
Securities gains (losses), net
Realized gains (losses), net	1		2	12
Total other-than-temporary impairment	(19)	(30)	(30)	(117)
Portion of other-than-temporary impairment recognized in other comprehensive income	10	9	15	50
Total securities gains (losses), net	(8)	(21)	(13)	(55)
Other	175	170	379	305
Total noninterest income	2,146	2,110	4,158	4,028
Noninterest Expense
Compensation	1,004	946	1,963	1,807
Employee benefits	210	172	440	352
Net occupancy and equipment	249	226	498	453
Professional services	82	73	152	131
Marketing and business development	90	86	155	146
Technology and communications	189	186	374	371
Postage, printing and supplies	76	75	150	149
Other intangibles	75	91	150	188
Other	450	522	857	916
Total noninterest expense	2,425	2,377	4,739	4,513
Income before income taxes	1,637	951	3,032	1,775
Applicable income taxes	458	199	824	360
Net income	1,179	752	2,208	1,415
Net (income) loss attributable to noncontrolling interests	24	14	41	20
Net income attributable to U.S. Bancorp	1,203	766	2,249	1,435
Net income applicable to U.S. Bancorp common shareholders	$ 1,167	$ 862	$ 2,170	$ 1,510
Earnings per common share	$ 0.61	$ 0.45	$ 1.13	$ 0.79
Diluted earnings per common share	$ 0.60	$ 0.45	$ 1.12	$ 0.79
Dividends declared per common share	$ 0.125	$ 0.050	$ 0.250	$ 0.100
Average common shares outstanding	1,921	1,912	1,920	1,911
Average diluted common shares outstanding	1,929	1,921	1,929	1,920