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Consolidated Statement of Cash Flows (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Operating Activities      
Net income attributable to U.S. Bancorp $ 4,872 $ 3,317 $ 2,205
Adjustments to reconcile net income to net cash provided by operating activities      
Provision for credit losses 2,343 4,356 5,557
Depreciation and amortization of premises and equipment 266 229 220
Amortization of intangibles 299 367 387
Provision for deferred income taxes 748 (370) (545)
Gain on sales of securities and other assets, net (1,663) (2,023) (1,571)
Loans originated for sale in the secondary market, net of repayments (45,848) (53,025) (52,720)
Proceeds from sales of loans held for sale 48,354 50,895 51,915
Other, net 449 1,495 2,152
Net cash provided by operating activities 9,820 5,241 7,600
Investing Activities      
Proceeds from sales of available-for-sale investment securities 1,018 1,212 5,784
Proceeds from maturities of held-to-maturity investment securities 1,404 167 11
Proceeds from maturities of available-for-sale investment securities 12,713 16,068 7,307
Purchases of held-to-maturity investment securities (18,500) (1,010) (5)
Purchases of available-for-sale investment securities (13,229) (24,025) (15,119)
Net increase in loans outstanding (13,418) (6,322) (106)
Proceeds from sales of loans 820 1,829 2,741
Purchases of loans (3,078) (4,278) (4,332)
Acquisitions, net of cash acquired 636 923 3,074
Other, net (1,070) (936) (74)
Net cash used in investing activities (32,704) (16,372) (719)
Financing Activities      
Net increase in deposits 24,846 20,527 7,949
Net increase (decrease) in short-term borrowings (2,205) 592 (4,448)
Proceeds from issuance of long-term debt 3,611 7,044 6,040
Principal payments or redemption of long-term debt (3,300) (8,394) (11,740)
Fees paid on exchange of income trust securities for perpetual preferred stock   (4)  
Proceeds from issuance of preferred stock 676    
Proceeds from issuance of common stock 180 119 2,703
Redemption of preferred stock     (6,599)
Repurchase of common stock (514)    
Repurchase of common stock warrant     (139)
Cash dividends paid on preferred stock (118) (89) (275)
Cash dividends paid on common stock (817) (383) (1,025)
Net cash provided by (used in) financing activities 22,359 19,412 (7,534)
Change in cash and due from banks (525) 8,281 (653)
Cash and due from banks at beginning of year 14,487 6,206 6,859
Cash and due from banks at end of year 13,962 14,487 6,206
Supplemental Cash Flow Disclosures      
Cash paid for income taxes 495 424 344
Cash paid for interest 2,563 2,631 3,153
Net noncash transfers to foreclosed property 702 1,384 600
Acquisitions      
Assets (sold) acquired 1,761 (14) 17,212
Liabilities sold (assumed) (2,100) (907) (17,870)
Net $ (339) $ (921) $ (658)