Long-Term Debt (Tables)

12 Months Ended

Dec. 31, 2011

Short-term Borrowings and Long-term Debt [Abstract]

Summary of long-term debt

(Dollars in Millions)	Rate Type	Rate (a)			Maturity Date		2011		2010
U.S. Bancorp (Parent Company)
Subordinated notes	Fixed		7.500	%		2026	$	199	$	199
	Fixed		3.442	%		2016		500		–
Convertible senior debentures	Floating		–	%		2035		10		10
	Floating		–	%		2036		10		64
	Floating		–	%		2037		21		21
Medium-term notes	Fixed		1.125%-4.200	%		2012-2021		10,530		8,280
	Floating		.694	%		2012		500		500
Junior subordinated debentures	Fixed		6.300%-6.625	%		2039-2067		2,691		3,985
Capitalized lease obligations, mortgage indebtedness and other (b)								132		(22	)
Subtotal								14,593		13,037
Subsidiaries
Subordinated notes	Fixed		6.375	%		2011		–		1,500
	Fixed		6.300	%		2014		963		963
	Fixed		4.950	%		2014		1,000		1,000
	Fixed		4.800	%		2015		500		500
	Fixed		4.375	%		2017		1,169		1,348
	Fixed		3.778	%		2020		500		500
	Floating		.681	%		2014		414		550
Federal Home Loan Bank advances	Fixed		.500%-8.250	%		2012-2026		3,710		4,101
	Floating		.392%-1.204	%		2012-2017		4,332		4,332
Bank notes	Fixed		5.920	%		2012		99		125
	Floating		.191%-.640	%		2012-2048		1,146		1,157
Capitalized lease obligations, mortgage indebtedness and other (b)								3,527		2,424
Subtotal								17,360		18,500
Total							$	31,953	$	31,537

(a) Weighted-average interest rates of medium-term notes, Federal Home Loan Bank advances and bank notes were 2.43 percent, 2.31 percent and 1.01 percent, respectively.

(b) Other includes consolidated community development and tax-advantaged investment VIEs, debt issuance fees, and unrealized gains and losses and deferred amounts relating to derivative instruments.

Maturities of long-term debt outstanding

(Dollars in Millions)	Parent Company		Consolidated
2012	$	2,672	$	7,046
2013		2,848		3,338
2014		1,499		4,158
2015		1,747		3,041
2016		1,945		4,016
Thereafter		3,882		10,354
Total	$	14,593	$	31,953