Long-Term Debt (Tables)

12 Months Ended

Dec. 31, 2014

Debt Disclosure [Abstract]

Summary of Long-term Debt

Long-term debt (debt with original maturities of more than one year) at December 31 consisted of the following:

(Dollars in Millions)	Rate Type		Rate(a)			Maturity Date		2014		2013
U.S. Bancorp (Parent Company)
Subordinated notes		Fixed		2.950	%		2022	$	1,300	$	1,300
		Fixed		3.600	%		2024		1,000		–
		Fixed		7.500	%		2026		199		199
Medium-term notes		Fixed		1.650% - 4.125	%		2015 - 2024		9,250		8,750
		Floating		.634% - .722	%		2018 - 2019		750		500
Junior subordinated debentures		Fixed		3.442	%		2016		500		500
Capitalized lease obligations, mortgage indebtedness and other(b)									190		167
Subtotal									13,189		11,416
Subsidiaries
Subordinated notes		Fixed		6.300	%		2014		–		963
		Fixed		4.950	%		2014		–		1,000
		Fixed		4.800	%		2015		500		500
		Fixed		3.778	%		2020		500		500
		Floating		.524	%		2014		–		373
Federal Home Loan Bank advances		Fixed		1.250% - 8.250	%		2017 - 2026		11		13
		Floating		.236% - .507	%		2015 - 2022		7,334		4,579
Bank notes		Fixed		1.100% - 2.125	%		2017 - 2019		4,050		–
		Floating		–% - .713	%		2015 - 2054		6,069		142
Capitalized lease obligations, mortgage indebtedness and other(b)									607		563
Subtotal									19,071		8,633
Total								$	32,260	$	20,049

(a) Weighted-average interest rates of medium-term notes, Federal Home Loan Bank advances and bank notes were 2.47 percent, .31 percent and .85 percent, respectively.

(b) Other includes consolidated community development and tax-advantaged investment VIEs, debt issuance fees, and unrealized gains and losses and deferred amounts relating to derivative instruments.

Maturities of Long-term Debt Outstanding

Maturities of long-term debt outstanding at December 31, 2014, were:

(Dollars in Millions)	Parent Company		Consolidated
2015	$	1,750	$	4,754
2016		1,931		6,343
2017		1,248		7,135
2018		1,497		3,524
2019		1,506		3,488
Thereafter		5,257		7,016
Total	$	13,189	$	32,260