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Consolidated Statement of Cash Flows (Unaudited) (USD $)
In Millions, unless otherwise specified
6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Operating Activities    
Net income attributable to U.S. Bancorp $ 2,753 $ 2,249
Adjustments to reconcile net income to net cash provided by operating activities    
Provision for credit losses 951 1,327
Depreciation and amortization of premises and equipment 140 128
Amortization of intangibles 141 150
Provision for deferred income taxes (26) 295
(Gain) loss on sales of loans held for sale (1,210) (131)
(Gains) loss on sales of securities and other assets (80) (5)
Loans originated for sale in the secondary market, net of repayments (39,559) (19,156)
Proceeds from sales of loans held for sale 39,115 23,891
Other, net 1,403 61
Net cash provided by operating activities 3,628 8,809
Investing Activities    
Proceeds from sales of available-for-sale investment securities 345 437
Proceeds from maturities of held-to-maturity investment securities 2,012 381
Proceeds from maturities of available-for-sale investment securities 7,889 5,312
Purchases of held-to-maturity investment securities (6,096) (11,872)
Purchases of available-for-sale investment securities (6,861) (5,750)
Net increase in loans outstanding (6,487) (3,026)
Proceeds from sales of loans 561 375
Purchases of loans (1,472) (1,193)
Acquisitions, net of cash acquired 94 650
Other, net (259) (620)
Net cash used in investing activities (10,274) (15,306)
Financing Activities    
Net increase in deposits 10,183 8,844
Net increase (decrease) in short-term borrowings 215 (3,019)
Proceeds from issuance of long-term debt 2,620 1,534
Principal payments or redemption of long-term debt (5,736) (484)
Proceeds from issuance of preferred stock 2,163 676
Proceeds from issuance of common stock 191 104
Repurchase of common stock (863)  
Cash dividends paid on preferred stock (76) (58)
Cash dividends paid on common stock (610) (337)
Net cash provided by (used in) financing activities 8,087 7,260
Change in cash and due from banks 1,441 763
Cash and due from banks at beginning of period 13,962 14,487
Cash and due from banks at end of period $ 15,403 $ 15,250