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Consolidated Balance Sheet (USD $)
In Millions, unless otherwise specified
Mar. 31, 2012
Dec. 31, 2011
Assets    
Cash and due from banks $ 9,561 $ 13,962
Investment securities    
Held-to-maturity (fair value $21,862 and $19,216 respectively) 21,505 18,877
Available-for-sale 52,749 51,937
Loans held for sale (included $5,062 and $6,925 of mortgage loans carried at fair value, respectively) 5,260 7,156
Loans    
Commercial 58,789 56,648
Commercial real estate 36,102 35,851
Residential mortgages 38,441 37,082
Credit card 16,572 17,360
Other retail 47,837 48,107
Total loans, excluding covered loans 197,741 195,048
Covered loans 14,178 14,787
Total loans 211,919 209,835
Less allowance for loan losses (4,645) (4,753)
Net loans 207,274 205,082
Premises and equipment 2,623 2,657
Goodwill 8,941 8,927
Other intangible assets 2,919 2,736
Other assets 29,930 28,788
Total assets 340,762 340,122
Deposits    
Noninterest-bearing 65,013 68,579
Interest-bearing 140,874 134,757
Time deposits greater than $100,000 27,666 27,549
Total deposits 233,553 230,885
Short-term borrowings 27,454 30,468
Long-term debt 30,395 31,953
Other liabilities 12,446 11,845
Total liabilities 303,848 305,151
Shareholders' equity    
Preferred stock 3,694 2,606
Common stock, par value $0.01 a share-authorized: 4,000,000,000 shares; issued: 3/31/12 and 12/31/11-2,125,725,742 shares 21 21
Capital surplus 8,168 8,238
Retained earnings 31,705 30,785
Less cost of common stock in treasury: 3/31/12-225,141,724 shares; 12/31/11-215,904,019 shares (6,744) (6,472)
Accumulated other comprehensive income (loss) (944) (1,200)
Total U.S. Bancorp shareholders' equity 35,900 33,978
Noncontrolling interests 1,014 993
Total equity 36,914 34,971
Total liabilities and equity $ 340,762 $ 340,122