Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2013

Earnings Per Share [Abstract]

Components of Earnings Per Share

The components of earnings per share were:

	Three Months Ended March 31,
(Dollars and Shares in Millions, Except Per Share Data)	2013			2012
Net income attributable to U.S. Bancorp	$	1,428		$	1,338
Preferred dividends		(64	)		(46	)
Earnings allocated to participating stock awards		(6	)		(7	)
Net income applicable to U.S. Bancorp common shareholders	$	1,358		$	1,285
Average common shares outstanding		1,858			1,901
Net effect of the exercise and assumed purchase of stock awards		9			9
Average diluted common shares outstanding		1,867			1,910
Earnings per common share	$	.73		$	.68
Diluted earnings per common share	$	.73		$	.67