XML 71 R7.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statement of Cash Flows (Unaudited) (USD $)
In Millions, unless otherwise specified
9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Operating Activities    
Net income attributable to U.S. Bancorp $ 4,227 $ 3,522
Adjustments to reconcile net income to net cash provided by operating activities    
Provision for credit losses 1,439 1,846
Depreciation and amortization of premises and equipment 212 196
Amortization of intangibles 208 225
Provision for deferred income taxes 29 250
(Gain) loss on sale of loans held for sale (1,982) (469)
(Gain) loss on sale of securities and other assets (198) (13)
Loans originated for sale in the secondary market, net of repayments (60,331) (29,840)
Proceeds from sales of loans held for sale 59,052 33,091
Other, net 1,219 (53)
Net cash provided by operating activities 3,875 8,755
Investing Activities    
Proceeds from sales of available-for-sale investment securities 1,753 926
Proceeds from maturities of held-to-maturity investment securities 4,005 714
Proceeds from maturities of available-for-sale investment securities 11,664 7,872
Purchases of held-to-maturity investment securities (8,003) (15,192)
Purchases of available-for-sale investment securities (12,065) (8,399)
Net increase in loans outstanding (9,518) (8,458)
Proceeds from sales of loans 1,614 454
Purchases of loans (2,139) (1,750)
Acquisitions, net of cash acquired 94 650
Other, net (668) (1,006)
Net cash used in investing activities (13,263) (24,189)
Financing Activities    
Net increase in deposits 13,099 16,593
Net decrease in short-term borrowings (2,616) (644)
Proceeds from issuance of long-term debt 4,553 2,002
Principal payments or redemption of long-term debt (10,271) (3,048)
Proceeds from issuance of preferred stock 2,163 676
Proceeds from issuance of common stock 342 125
Repurchase of common stock (1,343) (383)
Cash dividends paid on preferred stock (139) (88)
Cash dividends paid on common stock (980) (578)
Net cash provided by financing activities 4,808 14,655
Change in cash and due from banks (4,580) (779)
Cash and due from banks at beginning of period 13,962 14,487
Cash and due from banks at end of period $ 9,382 $ 13,708