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Consolidated Balance Sheet (USD $)
In Millions, unless otherwise specified
Dec. 31, 2011
Dec. 31, 2010
Assets    
Cash and due from banks $ 13,962 $ 14,487
Investment securities    
Held-to-maturity (fair value $19,216 and $1,419, respectively) 18,877 1,469
Available-for-sale 51,937 51,509
Loans held for sale (included $6,925 and $8,100 of mortgage loans carried at fair value, respectively) 7,156 8,371
Loans    
Commercial 56,648 48,398
Commercial real estate 35,851 34,695
Residential mortgages 37,082 30,732
Credit card 17,360 16,803
Other retail 48,107 48,391
Total loans, excluding covered loans 195,048 179,019
Covered loans 14,787 18,042
Total loans 209,835 197,061
Less allowance for loan losses (4,753) (5,310)
Net loans 205,082 191,751
Premises and equipment 2,657 2,487
Goodwill 8,927 8,954
Other intangible assets 2,736 3,213
Other assets 28,788 25,545
Total assets 340,122 307,786
Deposits    
Noninterest-bearing deposits 68,579 45,314
Interest-bearing 134,757 129,381
Time deposits greater than $100,000 27,549 29,557
Total deposits 230,885 204,252
Short-term borrowings 30,468 32,557
Long-term debt 31,953 31,537
Other liabilities 11,845 9,118
Total liabilities 305,151 277,464
Shareholders' equity    
Preferred stock 2,606 1,930
Common stock, par value $0.01 a share - authorized: 4,000,000,000 shares; issued: 2011 and 2010-2,125,725,742 shares 21 21
Capital surplus 8,238 8,294
Retained earnings 30,785 27,005
Less cost of common stock in treasury: 2011-215,904,019 shares; 2010-204,822,330 shares (6,472) (6,262)
Accumulated other comprehensive income (loss) (1,200) (1,469)
Total U.S. Bancorp shareholders' equity 33,978 29,519
Noncontrolling interests 993 803
Total equity 34,971 30,322
Total liabilities and equity $ 340,122 $ 307,786