XML 60 R40.htm IDEA: XBRL DOCUMENT v2.4.0.8
Basis of Presentation - Line of Business Financial Performance (Detail) (USD $)
In Millions, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Condensed Income Statement    
Net interest income (taxable-equivalent basis) $ 2,706 $ 2,709
Net interest income (taxable-equivalent basis), Percent change (0.10%)  
Noninterest income 2,103 2,160
Noninterest income, Percent change (2.60%)  
Securities gains (losses), net 5 5
Securities gains (losses), net, Percent change     
Total net revenue 4,814 4,874
Total net revenue, Percent change (1.20%)  
Noninterest expense, Percent change 3.40%  
Other intangibles, Percent change (14.00%)  
Total noninterest expense, Percent change 3.00%  
Income before provision and income taxes, Percent change (5.60%)  
Provision for credit losses, Percent change (24.10%)  
Income before income taxes, Percent change (1.80%)  
Income taxes and taxable-equivalent adjustment, Percent change (10.10%)  
Net income, Percent change 1.80%  
Net (income) loss attributable to noncontrolling interests, Percent change     
Net income attributable to U.S. Bancorp, Percent change (2.20%)  
Noninterest expense 2,495 2,413
Other intangibles 49 57
Total noninterest expense 2,544 2,470
Income before provision and income taxes 2,270 2,404
Provision for credit losses 306 403
Income before income taxes 1,964 2,001
Income taxes and taxable-equivalent adjustment 552 614
Net income 1,412 1,387
Net (income) loss attributable to noncontrolling interests (15) 41
Net income attributable to U.S. Bancorp 1,397 1,428
Average Balance Sheet    
Commercial 70,834 65,299
Commercial, Percent change 8.50%  
Commercial real estate 40,050 37,218
Commercial real estate, Percent change 7.60%  
Residential mortgages 51,584 45,109
Residential mortgages, Percent change 14.40%  
Credit card 17,407 16,528
Credit card, Percent change 5.30%  
Other retail 47,657 47,246
Other retail, Percent change 0.90%  
Total loans, excluding covered loans 227,532 211,400
Total loans, excluding covered loans, Percent change 7.60%  
Covered loans 8,327 11,021
Covered loans, Percent change (24.40%)  
Total loans 235,859 222,421
Total loans, Percent change 6.00%  
Goodwill, Percent change 0.50%  
Other intangible assets, Percent change 21.20%  
Assets, Percent change 3.70%  
Noninterest-bearing deposits, Percent change 6.70%  
Interest checking, Percent change 6.00%  
Savings products, Percent change 9.40%  
Time deposits, Percent change (6.10%)  
Total deposits, Percent change 5.10%  
Total U.S. Bancorp shareholders' equity, Percent change 6.60%  
Goodwill 9,203 9,155
Other intangible assets 3,441 2,838
Assets 364,312 351,387
Noninterest-bearing deposits 70,824 66,400
Interest checking 51,305 48,404
Savings products 92,444 84,505
Time deposits 42,906 45,709
Total deposits 257,479 245,018
Total U.S. Bancorp shareholders' equity 41,761 39,177
Wholesale Banking and Commercial Real Estate [Member]
   
Condensed Income Statement    
Net interest income (taxable-equivalent basis) 490 494
Net interest income (taxable-equivalent basis), Percent change (0.80%)  
Noninterest income 246 280
Noninterest income, Percent change (12.10%)  
Securities gains (losses), net      
Securities gains (losses), net, Percent change     
Total net revenue 736 774
Total net revenue, Percent change (4.90%)  
Noninterest expense, Percent change (1.60%)  
Other intangibles, Percent change (50.00%)  
Total noninterest expense, Percent change (1.90%)  
Income before provision and income taxes, Percent change (6.90%)  
Provision for credit losses, Percent change 50.00%  
Income before income taxes, Percent change (10.00%)  
Income taxes and taxable-equivalent adjustment, Percent change (10.40%)  
Net income, Percent change (9.70%)  
Net (income) loss attributable to noncontrolling interests, Percent change     
Net income attributable to U.S. Bancorp, Percent change (9.70%)  
Noninterest expense 301 306
Other intangibles 1 2
Total noninterest expense 302 308
Income before provision and income taxes 434 466
Provision for credit losses (18) (36)
Income before income taxes 452 502
Income taxes and taxable-equivalent adjustment 164 183
Net income 288 319
Net (income) loss attributable to noncontrolling interests      
Net income attributable to U.S. Bancorp 288 319
Average Balance Sheet    
Commercial 54,491 49,133
Commercial, Percent change 10.90%  
Commercial real estate 20,566 18,988
Commercial real estate, Percent change 8.30%  
Residential mortgages 22 29
Residential mortgages, Percent change (24.10%)  
Credit card      
Credit card, Percent change     
Other retail 4 8
Other retail, Percent change (50.00%)  
Total loans, excluding covered loans 75,083 68,158
Total loans, excluding covered loans, Percent change 10.20%  
Covered loans 245 466
Covered loans, Percent change (47.40%)  
Total loans 75,328 68,624
Total loans, Percent change 9.80%  
Goodwill, Percent change     
Other intangible assets, Percent change (22.20%)  
Assets, Percent change 10.10%  
Noninterest-bearing deposits, Percent change 7.70%  
Interest checking, Percent change (3.80%)  
Savings products, Percent change 43.90%  
Time deposits, Percent change 11.60%  
Total deposits, Percent change 13.10%  
Total U.S. Bancorp shareholders' equity, Percent change 5.30%  
Goodwill 1,604 1,604
Other intangible assets 21 27
Assets 82,249 74,720
Noninterest-bearing deposits 32,218 29,908
Interest checking 10,472 10,886
Savings products 17,128 11,902
Time deposits 18,385 16,472
Total deposits 78,203 69,168
Total U.S. Bancorp shareholders' equity 7,527 7,150
Consumer and Small Business Banking [Member]
   
Condensed Income Statement    
Net interest income (taxable-equivalent basis) 1,090 1,163
Net interest income (taxable-equivalent basis), Percent change (6.30%)  
Noninterest income 625 787
Noninterest income, Percent change (20.60%)  
Securities gains (losses), net      
Securities gains (losses), net, Percent change     
Total net revenue 1,715 1,950
Total net revenue, Percent change (12.10%)  
Noninterest expense, Percent change (1.40%)  
Other intangibles, Percent change (27.30%)  
Total noninterest expense, Percent change (1.70%)  
Income before provision and income taxes, Percent change (26.80%)  
Provision for credit losses, Percent change (41.70%)  
Income before income taxes, Percent change (20.90%)  
Income taxes and taxable-equivalent adjustment, Percent change (20.90%)  
Net income, Percent change (20.90%)  
Net (income) loss attributable to noncontrolling interests, Percent change     
Net income attributable to U.S. Bancorp, Percent change (20.90%)  
Noninterest expense 1,116 1,132
Other intangibles 8 11
Total noninterest expense 1,124 1,143
Income before provision and income taxes 591 807
Provision for credit losses 133 228
Income before income taxes 458 579
Income taxes and taxable-equivalent adjustment 167 211
Net income 291 368
Net (income) loss attributable to noncontrolling interests      
Net income attributable to U.S. Bancorp 291 368
Average Balance Sheet    
Commercial 8,333 8,499
Commercial, Percent change (2.00%)  
Commercial real estate 18,623 17,463
Commercial real estate, Percent change 6.60%  
Residential mortgages 50,296 44,499
Residential mortgages, Percent change 13.00%  
Credit card      
Credit card, Percent change     
Other retail 45,484 44,922
Other retail, Percent change 1.30%  
Total loans, excluding covered loans 122,736 115,383
Total loans, excluding covered loans, Percent change 6.40%  
Covered loans 6,048 6,928
Covered loans, Percent change (12.70%)  
Total loans 128,784 122,311
Total loans, Percent change 5.30%  
Goodwill, Percent change     
Other intangible assets, Percent change 36.00%  
Assets, Percent change 1.00%  
Noninterest-bearing deposits, Percent change 2.80%  
Interest checking, Percent change 7.60%  
Savings products, Percent change 5.50%  
Time deposits, Percent change (16.60%)  
Total deposits, Percent change 1.50%  
Total U.S. Bancorp shareholders' equity, Percent change (3.90%)  
Goodwill 3,515 3,515
Other intangible assets 2,741 2,015
Assets 141,694 140,229
Noninterest-bearing deposits 21,945 21,352
Interest checking 34,851 32,386
Savings products 48,060 45,570
Time deposits 18,708 22,444
Total deposits 123,564 121,752
Total U.S. Bancorp shareholders' equity 11,569 12,040
Wealth Management and Securities Services [Member]
   
Condensed Income Statement    
Net interest income (taxable-equivalent basis) 83 88
Net interest income (taxable-equivalent basis), Percent change (5.70%)  
Noninterest income 330 294
Noninterest income, Percent change 12.20%  
Securities gains (losses), net      
Securities gains (losses), net, Percent change     
Total net revenue 413 382
Total net revenue, Percent change 8.10%  
Noninterest expense, Percent change 3.80%  
Other intangibles, Percent change     
Total noninterest expense, Percent change 3.60%  
Income before provision and income taxes, Percent change 35.80%  
Provision for credit losses, Percent change     
Income before income taxes, Percent change 43.40%  
Income taxes and taxable-equivalent adjustment, Percent change 47.40%  
Net income, Percent change 41.20%  
Net (income) loss attributable to noncontrolling interests, Percent change     
Net income attributable to U.S. Bancorp, Percent change 41.20%  
Noninterest expense 332 320
Other intangibles 9 9
Total noninterest expense 341 329
Income before provision and income taxes 72 53
Provision for credit losses (4)  
Income before income taxes 76 53
Income taxes and taxable-equivalent adjustment 28 19
Net income 48 34
Net (income) loss attributable to noncontrolling interests      
Net income attributable to U.S. Bancorp 48 34
Average Balance Sheet    
Commercial 1,842 1,617
Commercial, Percent change 13.90%  
Commercial real estate 616 655
Commercial real estate, Percent change (6.00%)  
Residential mortgages 1,265 580
Residential mortgages, Percent change     
Credit card      
Credit card, Percent change     
Other retail 1,472 1,553
Other retail, Percent change (5.20%)  
Total loans, excluding covered loans 5,195 4,405
Total loans, excluding covered loans, Percent change 17.90%  
Covered loans 7 9
Covered loans, Percent change (22.20%)  
Total loans 5,202 4,414
Total loans, Percent change 17.90%  
Goodwill, Percent change 2.40%  
Other intangible assets, Percent change (6.00%)  
Assets, Percent change 12.80%  
Noninterest-bearing deposits, Percent change 4.30%  
Interest checking, Percent change 15.70%  
Savings products, Percent change 0.70%  
Time deposits, Percent change (30.10%)  
Total deposits, Percent change (0.50%)  
Total U.S. Bancorp shareholders' equity, Percent change (2.70%)  
Goodwill 1,565 1,528
Other intangible assets 171 182
Assets 8,217 7,286
Noninterest-bearing deposits 14,713 14,106
Interest checking 5,441 4,701
Savings products 27,084 26,890
Time deposits 4,165 5,961
Total deposits 51,403 51,658
Total U.S. Bancorp shareholders' equity 2,296 2,359
Payment Services [Member]
   
Condensed Income Statement    
Net interest income (taxable-equivalent basis) 414 388
Net interest income (taxable-equivalent basis), Percent change 6.70%  
Noninterest income 775 747
Noninterest income, Percent change 3.70%  
Securities gains (losses), net      
Securities gains (losses), net, Percent change     
Total net revenue 1,189 1,135
Total net revenue, Percent change 4.80%  
Noninterest expense, Percent change 4.70%  
Other intangibles, Percent change (11.40%)  
Total noninterest expense, Percent change 3.80%  
Income before provision and income taxes, Percent change 5.80%  
Provision for credit losses, Percent change (2.00%)  
Income before income taxes, Percent change 10.50%  
Income taxes and taxable-equivalent adjustment, Percent change 10.40%  
Net income, Percent change 10.50%  
Net (income) loss attributable to noncontrolling interests, Percent change     
Net income attributable to U.S. Bancorp, Percent change 11.00%  
Noninterest expense 577 551
Other intangibles 31 35
Total noninterest expense 608 586
Income before provision and income taxes 581 549
Provision for credit losses 201 205
Income before income taxes 380 344
Income taxes and taxable-equivalent adjustment 138 125
Net income 242 219
Net (income) loss attributable to noncontrolling interests (9) (9)
Net income attributable to U.S. Bancorp 233 210
Average Balance Sheet    
Commercial 5,997 5,860
Commercial, Percent change 2.30%  
Commercial real estate      
Commercial real estate, Percent change     
Residential mortgages      
Residential mortgages, Percent change     
Credit card 17,407 16,528
Credit card, Percent change 5.30%  
Other retail 697 763
Other retail, Percent change (8.70%)  
Total loans, excluding covered loans 24,101 23,151
Total loans, excluding covered loans, Percent change 4.10%  
Covered loans 5 5
Covered loans, Percent change     
Total loans 24,106 23,156
Total loans, Percent change 4.10%  
Goodwill, Percent change 0.40%  
Other intangible assets, Percent change (17.20%)  
Assets, Percent change 3.20%  
Noninterest-bearing deposits, Percent change 0.90%  
Interest checking, Percent change 25.60%  
Savings products, Percent change 48.90%  
Time deposits, Percent change     
Total deposits, Percent change 11.90%  
Total U.S. Bancorp shareholders' equity, Percent change (4.90%)  
Goodwill 2,519 2,508
Other intangible assets 507 612
Assets 30,372 29,444
Noninterest-bearing deposits 698 692
Interest checking 540 430
Savings products 70 47
Time deposits      
Total deposits 1,308 1,169
Total U.S. Bancorp shareholders' equity 5,669 5,961
Treasury and Corporate Support [Member]
   
Condensed Income Statement    
Net interest income (taxable-equivalent basis) 629 576
Net interest income (taxable-equivalent basis), Percent change 9.20%  
Noninterest income 127 52
Noninterest income, Percent change     
Securities gains (losses), net 5 5
Securities gains (losses), net, Percent change     
Total net revenue 761 633
Total net revenue, Percent change 20.20%  
Noninterest expense, Percent change 62.50%  
Other intangibles, Percent change     
Total noninterest expense, Percent change 62.50%  
Income before provision and income taxes, Percent change 11.90%  
Provision for credit losses, Percent change     
Income before income taxes, Percent change 14.30%  
Income taxes and taxable-equivalent adjustment, Percent change (27.60%)  
Net income, Percent change 21.50%  
Net (income) loss attributable to noncontrolling interests, Percent change     
Net income attributable to U.S. Bancorp, Percent change 8.00%  
Noninterest expense 169 104
Total noninterest expense 169 104
Income before provision and income taxes 592 529
Provision for credit losses (6) 6
Income before income taxes 598 523
Income taxes and taxable-equivalent adjustment 55 76
Net income 543 447
Net (income) loss attributable to noncontrolling interests (6) 50
Net income attributable to U.S. Bancorp 537 497
Average Balance Sheet    
Commercial 171 190
Commercial, Percent change (10.00%)  
Commercial real estate 245 112
Commercial real estate, Percent change     
Residential mortgages 1 1
Residential mortgages, Percent change     
Credit card      
Credit card, Percent change     
Other retail      
Other retail, Percent change     
Total loans, excluding covered loans 417 303
Total loans, excluding covered loans, Percent change 37.60%  
Covered loans 2,022 3,613
Covered loans, Percent change (44.00%)  
Total loans 2,439 3,916
Total loans, Percent change (37.70%)  
Goodwill, Percent change     
Other intangible assets, Percent change (50.00%)  
Assets, Percent change 2.10%  
Noninterest-bearing deposits, Percent change     
Interest checking, Percent change     
Savings products, Percent change 6.30%  
Time deposits, Percent change 98.10%  
Total deposits, Percent change     
Total U.S. Bancorp shareholders' equity, Percent change 26.00%  
Goodwill      
Other intangible assets 1 2
Assets 101,780 99,708
Noninterest-bearing deposits 1,250 342
Interest checking 1 1
Savings products 102 96
Time deposits 1,648 832
Total deposits 3,001 1,271
Total U.S. Bancorp shareholders' equity $ 14,700 $ 11,667