XML 17 R39.htm IDEA: XBRL DOCUMENT v2.4.0.6
Basis of Presentation - Line of Business Financial Performance (Detail) (USD $)
In Millions, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Condensed Income Statement    
Securities gains (losses), net $ 5  
Other intangibles 57 71
Total noninterest expense 2,470 2,560
Provision for credit losses 403 481
Net income 1,387 1,305
Net (income) loss attributable to noncontrolling interests 41 33
Net income attributable to U.S. Bancorp 1,428 1,338
Wholesale Banking and Commercial Real Estate [Member]
   
Condensed Income Statement    
Net interest income (taxable-equivalent basis) 511 535
Net interest income (taxable-equivalent basis), Percent change (4.50%)  
Noninterest income 278 311
Noninterest income, Percent change (10.60%)  
Securities gains (losses), net 0  
Securities gains (losses), net, Percent change 0.00%  
Total net revenue 789 846
Total net revenue, Percent change (6.70%)  
Noninterest expense 318 319
Noninterest expense, Percent change (0.30%)  
Other intangibles 2 4
Other intangibles, Percent change (50.00%)  
Total noninterest expense 320 323
Total noninterest expense, Percent change (0.90%)  
Income before provision and income taxes 469 523
Income before provision and income taxes, Percent change (10.30%)  
Provision for credit losses (53) 3
Income before income taxes 522 520
Income before income taxes, Percent change 0.40%  
Income taxes and taxable-equivalent adjustment 190 189
Income taxes and taxable-equivalent adjustment, Percent change 0.50%  
Net income 332 331
Net income, Percent change 0.30%  
Net (income) loss attributable to noncontrolling interests 0  
Net (income) loss attributable to noncontrolling interests, Percent change 0.00%  
Net income attributable to U.S. Bancorp 332 331
Net income attributable to U.S. Bancorp, Percent change 0.30%  
Average Balance Sheet    
Commercial 49,221 42,253
Commercial, Percent change 16.50%  
Commercial real estate 19,901 19,422
Commercial real estate, Percent change 2.50%  
Residential mortgages 30 64
Residential mortgages, Percent change (53.10%)  
Credit card 0  
Credit card, Percent change 0.00%  
Other retail 13 4
Total loans, excluding covered loans 69,165 61,743
Total loans, excluding covered loans, Percent change 12.00%  
Covered loans 460 1,129
Covered loans, Percent change (59.30%)  
Total loans 69,625 62,872
Total loans, Percent change 10.70%  
Goodwill 1,604 1,604
Goodwill, Percent change 0.00%  
Other intangible assets 27 42
Other intangible assets, Percent change (35.70%)  
Assets 75,703 68,438
Assets, Percent change 10.60%  
Noninterest-bearing deposits 29,878 30,371
Noninterest-bearing deposits, Percent change (1.60%)  
Interest checking 10,893 13,104
Interest checking, Percent change (16.90%)  
Savings products 11,858 8,885
Savings products, Percent change 33.50%  
Time deposits 16,715 13,353
Time deposits, Percent change 25.20%  
Total deposits 69,344 65,713
Total deposits, Percent change 5.50%  
Total U.S. Bancorp shareholders' equity 7,211 6,264
Total U.S. Bancorp shareholders' equity, Percent change 15.10%  
Consumer and Small Business Banking [Member]
   
Condensed Income Statement    
Net interest income (taxable-equivalent basis) 1,151 1,181
Net interest income (taxable-equivalent basis), Percent change (2.50%)  
Noninterest income 783 865
Noninterest income, Percent change (9.50%)  
Securities gains (losses), net 0  
Securities gains (losses), net, Percent change 0.00%  
Total net revenue 1,934 2,046
Total net revenue, Percent change (5.50%)  
Noninterest expense 1,201 1,181
Noninterest expense, Percent change 1.70%  
Other intangibles 11 13
Other intangibles, Percent change (15.40%)  
Total noninterest expense 1,212 1,194
Total noninterest expense, Percent change 1.50%  
Income before provision and income taxes 722 852
Income before provision and income taxes, Percent change (15.30%)  
Provision for credit losses 244 255
Provision for credit losses, Percent change (4.30%)  
Income before income taxes 478 597
Income before income taxes, Percent change (19.90%)  
Income taxes and taxable-equivalent adjustment 174 217
Income taxes and taxable-equivalent adjustment, Percent change (19.80%)  
Net income 304 380
Net income, Percent change (20.00%)  
Net (income) loss attributable to noncontrolling interests 0  
Net (income) loss attributable to noncontrolling interests, Percent change 0.00%  
Net income attributable to U.S. Bancorp 304 380
Net income attributable to U.S. Bancorp, Percent change (20.00%)  
Average Balance Sheet    
Commercial 8,313 7,896
Commercial, Percent change 5.30%  
Commercial real estate 16,566 15,911
Commercial real estate, Percent change 4.10%  
Residential mortgages 44,498 37,378
Residential mortgages, Percent change 19.00%  
Credit card 0  
Credit card, Percent change 0.00%  
Other retail 44,917 45,581
Other retail, Percent change (1.50%)  
Total loans, excluding covered loans 114,294 106,766
Total loans, excluding covered loans, Percent change 7.10%  
Covered loans 6,941 7,893
Covered loans, Percent change (12.10%)  
Total loans 121,235 114,659
Total loans, Percent change 5.70%  
Goodwill 3,515 3,515
Goodwill, Percent change 0.00%  
Other intangible assets 2,014 1,765
Other intangible assets, Percent change 14.10%  
Assets 139,259 130,711
Assets, Percent change 6.50%  
Noninterest-bearing deposits 21,392 18,745
Noninterest-bearing deposits, Percent change 14.10%  
Interest checking 32,412 28,998
Interest checking, Percent change 11.80%  
Savings products 45,653 42,360
Savings products, Percent change 7.80%  
Time deposits 22,493 24,373
Time deposits, Percent change (7.70%)  
Total deposits 121,950 114,476
Total deposits, Percent change 6.50%  
Total U.S. Bancorp shareholders' equity 11,988 10,769
Total U.S. Bancorp shareholders' equity, Percent change 11.30%  
Wealth Management and Securities Services [Member]
   
Condensed Income Statement    
Net interest income (taxable-equivalent basis) 92 94
Net interest income (taxable-equivalent basis), Percent change (2.10%)  
Noninterest income 294 267
Noninterest income, Percent change 10.10%  
Total net revenue 386 361
Total net revenue, Percent change 6.90%  
Noninterest expense 322 281
Noninterest expense, Percent change 14.60%  
Other intangibles 9 10
Other intangibles, Percent change (10.00%)  
Total noninterest expense 331 291
Total noninterest expense, Percent change 13.70%  
Income before provision and income taxes 55 70
Income before provision and income taxes, Percent change (21.40%)  
Provision for credit losses   (1)
Income before income taxes 55 71
Income before income taxes, Percent change (22.50%)  
Income taxes and taxable-equivalent adjustment 20 26
Income taxes and taxable-equivalent adjustment, Percent change (23.10%)  
Net income 35 45
Net income, Percent change (22.20%)  
Net income attributable to U.S. Bancorp 35 45
Net income attributable to U.S. Bancorp, Percent change (22.20%)  
Average Balance Sheet    
Commercial 1,741 1,156
Commercial, Percent change 50.60%  
Commercial real estate 640 575
Commercial real estate, Percent change 11.30%  
Residential mortgages 580 382
Residential mortgages, Percent change 51.80%  
Other retail 1,553 1,508
Other retail, Percent change 3.00%  
Total loans, excluding covered loans 4,514 3,621
Total loans, excluding covered loans, Percent change 24.70%  
Covered loans 9 12
Covered loans, Percent change (25.00%)  
Total loans 4,523 3,633
Total loans, Percent change 24.50%  
Goodwill 1,528 1,467
Goodwill, Percent change 4.20%  
Other intangible assets 182 176
Other intangible assets, Percent change 3.40%  
Assets 7,394 6,242
Assets, Percent change 18.50%  
Noninterest-bearing deposits 14,095 13,359
Noninterest-bearing deposits, Percent change 5.50%  
Interest checking 4,668 4,050
Interest checking, Percent change 15.30%  
Savings products 26,851 23,365
Savings products, Percent change 14.90%  
Time deposits 5,946 4,542
Time deposits, Percent change 30.90%  
Total deposits 51,560 45,316
Total deposits, Percent change 13.80%  
Total U.S. Bancorp shareholders' equity 2,361 2,204
Total U.S. Bancorp shareholders' equity, Percent change 7.10%  
Payment Services [Member]
   
Condensed Income Statement    
Net interest income (taxable-equivalent basis) 388 396
Net interest income (taxable-equivalent basis), Percent change (2.00%)  
Noninterest income 747 732
Noninterest income, Percent change 2.00%  
Total net revenue 1,135 1,128
Total net revenue, Percent change 0.60%  
Noninterest expense 481 454
Noninterest expense, Percent change 5.90%  
Other intangibles 35 44
Other intangibles, Percent change (20.50%)  
Total noninterest expense 516 498
Total noninterest expense, Percent change 3.60%  
Income before provision and income taxes 619 630
Income before provision and income taxes, Percent change (1.70%)  
Provision for credit losses 205 216
Provision for credit losses, Percent change (5.10%)  
Income before income taxes 414 414
Income taxes and taxable-equivalent adjustment 151 151
Net income 263 263
Net (income) loss attributable to noncontrolling interests (9) (10)
Net (income) loss attributable to noncontrolling interests, Percent change 10.00%  
Net income attributable to U.S. Bancorp 254 253
Net income attributable to U.S. Bancorp, Percent change 0.40%  
Average Balance Sheet    
Commercial 5,860 5,647
Commercial, Percent change 3.80%  
Credit card 16,528 16,778
Credit card, Percent change (1.50%)  
Other retail 763 837
Other retail, Percent change (8.80%)  
Total loans, excluding covered loans 23,151 23,262
Total loans, excluding covered loans, Percent change (0.50%)  
Covered loans 5 5
Total loans 23,156 23,267
Total loans, Percent change (0.50%)  
Goodwill 2,508 2,350
Goodwill, Percent change 6.70%  
Other intangible assets 612 771
Other intangible assets, Percent change (20.60%)  
Assets 29,444 29,752
Assets, Percent change (1.00%)  
Noninterest-bearing deposits 692 660
Noninterest-bearing deposits, Percent change 4.80%  
Interest checking 430 1,305
Interest checking, Percent change (67.00%)  
Savings products 47 34
Savings products, Percent change 38.20%  
Total deposits 1,169 1,999
Total deposits, Percent change (41.50%)  
Total U.S. Bancorp shareholders' equity 5,949 5,729
Total U.S. Bancorp shareholders' equity, Percent change 3.80%  
Treasury and Corporate Support [Member]
   
Condensed Income Statement    
Net interest income (taxable-equivalent basis) 567 484
Net interest income (taxable-equivalent basis), Percent change 17.10%  
Noninterest income 58 64
Noninterest income, Percent change (9.40%)  
Securities gains (losses), net 5  
Total net revenue 630 548
Total net revenue, Percent change 15.00%  
Noninterest expense 91 254
Noninterest expense, Percent change (64.20%)  
Total noninterest expense 91 254
Total noninterest expense, Percent change (64.20%)  
Income before provision and income taxes 539 294
Income before provision and income taxes, Percent change 83.30%  
Provision for credit losses 7 8
Provision for credit losses, Percent change (12.50%)  
Income before income taxes 532 286
Income before income taxes, Percent change 86.00%  
Income taxes and taxable-equivalent adjustment 79  
Net income 453 286
Net income, Percent change 58.40%  
Net (income) loss attributable to noncontrolling interests 50 43
Net (income) loss attributable to noncontrolling interests, Percent change 16.30%  
Net income attributable to U.S. Bancorp 503 329
Net income attributable to U.S. Bancorp, Percent change 52.90%  
Average Balance Sheet    
Commercial 164 179
Commercial, Percent change (8.40%)  
Commercial real estate 111 77
Commercial real estate, Percent change 44.20%  
Residential mortgages 1 7
Residential mortgages, Percent change (85.70%)  
Total loans, excluding covered loans 276 263
Total loans, excluding covered loans, Percent change 4.90%  
Covered loans 3,606 5,467
Covered loans, Percent change (34.00%)  
Total loans 3,882 5,730
Total loans, Percent change (32.30%)  
Other intangible assets 3 4
Other intangible assets, Percent change (25.00%)  
Assets 99,587 101,144
Assets, Percent change (1.50%)  
Noninterest-bearing deposits 343 448
Noninterest-bearing deposits, Percent change (23.40%)  
Interest checking 1 1
Savings products 96 129
Savings products, Percent change (25.60%)  
Time deposits 555 202
Total deposits 995 780
Total deposits, Percent change 27.60%  
Total U.S. Bancorp shareholders' equity 11,668 10,449
Total U.S. Bancorp shareholders' equity, Percent change 11.70%  
Consolidated Company [Member]
   
Condensed Income Statement    
Net interest income (taxable-equivalent basis) 2,709 2,690
Net interest income (taxable-equivalent basis), Percent change 0.70%  
Noninterest income 2,160 2,239
Noninterest income, Percent change (3.50%)  
Securities gains (losses), net 5  
Total net revenue 4,874 4,929
Total net revenue, Percent change (1.10%)  
Noninterest expense 2,413 2,489
Noninterest expense, Percent change (3.10%)  
Other intangibles 57 71
Other intangibles, Percent change (19.70%)  
Total noninterest expense 2,470 2,560
Total noninterest expense, Percent change (3.50%)  
Income before provision and income taxes 2,404 2,369
Income before provision and income taxes, Percent change 1.50%  
Provision for credit losses 403 481
Provision for credit losses, Percent change (16.20%)  
Income before income taxes 2,001 1,888
Income before income taxes, Percent change 6.00%  
Income taxes and taxable-equivalent adjustment 614 583
Income taxes and taxable-equivalent adjustment, Percent change 5.30%  
Net income 1,387 1,305
Net income, Percent change 6.30%  
Net (income) loss attributable to noncontrolling interests 41 33
Net (income) loss attributable to noncontrolling interests, Percent change 24.20%  
Net income attributable to U.S. Bancorp 1,428 1,338
Net income attributable to U.S. Bancorp, Percent change 6.70%  
Average Balance Sheet    
Commercial 65,299 57,131
Commercial, Percent change 14.30%  
Commercial real estate 37,218 35,985
Commercial real estate, Percent change 3.40%  
Residential mortgages 45,109 37,831
Residential mortgages, Percent change 19.20%  
Credit card 16,528 16,778
Credit card, Percent change (1.50%)  
Other retail 47,246 47,930
Other retail, Percent change (1.40%)  
Total loans, excluding covered loans 211,400 195,655
Total loans, excluding covered loans, Percent change 8.00%  
Covered loans 11,021 14,506
Covered loans, Percent change (24.00%)  
Total loans 222,421 210,161
Total loans, Percent change 5.80%  
Goodwill 9,155 8,936
Goodwill, Percent change 2.50%  
Other intangible assets 2,838 2,758
Other intangible assets, Percent change 2.90%  
Assets 351,387 336,287
Assets, Percent change 4.50%  
Noninterest-bearing deposits 66,400 63,583
Noninterest-bearing deposits, Percent change 4.40%  
Interest checking 48,404 47,458
Interest checking, Percent change 2.00%  
Savings products 84,505 74,773
Savings products, Percent change 13.00%  
Time deposits 45,709 42,470
Time deposits, Percent change 7.60%  
Total deposits 245,018 228,284
Total deposits, Percent change 7.30%  
Total U.S. Bancorp shareholders' equity $ 39,177 $ 35,415
Total U.S. Bancorp shareholders' equity, Percent change 10.60%