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Consolidated Statement of Shareholders' Equity (Unaudited) (USD $)
In Millions
Total
Total U.S. Bancorp Shareholders' Equity
Common Stock
Preferred Stock
Capital Surplus
Retained Earnings
Treasury Stock
Other Comprehensive Income (Loss)
Noncontrolling Interests
Beginning Balance at Dec. 31, 2008 $ 27,033 $ 26,300 $ 20 $ 7,931 $ 5,830 $ 22,541 $ (6,659) $ (3,363) $ 733
Shares, Beginning Balance at Dec. 31, 2008     1,755            
Change in accounting principle 0 0       141   (141)  
Net income (loss) 2,237 2,205       2,205     32
Changes in unrealized gains and losses on securities available-for-sale 2,359 2,359           2,359  
Other-than-temporary impairment not recognized in earnings on securities available-for-sale (402) (402)           (402)  
Unrealized gain (loss) on derivative hedges 516 516           516  
Foreign currency translation 40 40           40  
Reclassification for realized (gains) losses 492 492           492  
Unrealized gains (losses) on retirement plans 254 254           254  
Income taxes (1,239) (1,239)           (1,239)  
Total comprehensive income (loss) 4,257 4,225             32
Redemption of preferred stock (6,599) (6,599)   (6,599)          
Repurchase of common stock warrant (139) (139)     (139)        
Preferred stock dividends and discount accretion (228) (228)   168   (396)      
Common stock dividends (375) (375)       (375)      
Issuance of common and treasury stock 2,708 2,708 1   2,553   154    
Issuance of common and treasury stock, shares     158            
Purchase of treasury stock (4) (4)         (4)    
Distributions to noncontrolling interests (62) 0             (62)
Net other changes in noncontrolling interests (5) 0             (5)
Stock option and restricted stock grants 75 75     75        
Ending Balance at Dec. 31, 2009 26,661 25,963 21 1,500 8,319 24,116 (6,509) (1,484) 698
Shares, Ending Balance at Dec. 31, 2009     1,913            
Change in accounting principle (89) (73)       (72)   (1) (16)
Net income (loss) 3,265 3,317       3,317     (52)
Changes in unrealized gains and losses on securities available-for-sale 433 433           433  
Other-than-temporary impairment not recognized in earnings on securities available-for-sale (66) (66)           (66)  
Unrealized gain (loss) on derivative hedges (145) (145)           (145)  
Foreign currency translation 24 24           24  
Reclassification for realized (gains) losses (28) (28)           (28)  
Unrealized gains (losses) on retirement plans (197) (197)           (197)  
Income taxes (5) (5)           (5)  
Total comprehensive income (loss) 3,281 3,333             (52)
Preferred stock dividends and discount accretion (89) (89)       (89)      
Common stock dividends (385) (385)       (385)      
Issuance of preferred stock 558 558   430 10 118      
Issuance of common and treasury stock 129 129     (134)   263    
Issuance of common and treasury stock, shares     9            
Purchase of treasury stock (16) (16)         (16)    
Purchase of treasury stock, shares (1)   (1)            
Distributions to noncontrolling interests (76)               (76)
Net other changes in noncontrolling interests 249               249
Stock option and restricted stock grants 99 99     99        
Ending Balance at Dec. 31, 2010 30,322 29,519 21 1,930 8,294 27,005 (6,262) (1,469) 803
Shares, Ending Balance at Dec. 31, 2010 1,900   1,921            
Change in accounting principle (2) (2)       (2)      
Net income (loss) 4,788 4,872       4,872     (84)
Changes in unrealized gains and losses on securities available-for-sale 920 920           920  
Other-than-temporary impairment not recognized in earnings on securities available-for-sale (25) (25)           (25)  
Unrealized gain (loss) on derivative hedges (343) (343)           (343)  
Foreign currency translation (16) (16)           (16)  
Reclassification for realized (gains) losses 363 363           363  
Unrealized gains (losses) on retirement plans (464) (464)           (464)  
Income taxes (166) (166)           (166)  
Total comprehensive income (loss) 5,057 5,141             (84)
Preferred stock dividends and discount accretion (129) (129)       (129)      
Common stock dividends (961) (961)       (961)      
Issuance of preferred stock 676 676   676          
Issuance of common and treasury stock 193 193     (147)   340    
Issuance of common and treasury stock, shares     11            
Purchase of treasury stock (550) (550)         (550)    
Purchase of treasury stock, shares (22)   (22)            
Distributions to noncontrolling interests (80)               (80)
Purchase of noncontrolling interests (11) (3)     (3)       (8)
Net other changes in noncontrolling interests 362               362
Stock option and restricted stock grants 94 94     94        
Ending Balance at Dec. 31, 2011 $ 34,971 $ 33,978 $ 21 $ 2,606 $ 8,238 $ 30,785 $ (6,472) $ (1,200) $ 993
Shares, Ending Balance at Dec. 31, 2011 1,900   1,910