NOTE 13 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		2015		2014

U.S. Bancorp (Parent Company)
Subordinated notes		Fixed		2.950	%		2022	$	1,300	$	1,300
		Fixed		3.600	%		2024		1,000		1,000
		Fixed		7.500	%		2026		199		199
Medium-term notes		Fixed		1.650% - 4.125	%		2016 - 2024		7,500		9,250
		Floating		.720% - .852	%		2018 - 2019		750		750
Junior subordinated debentures		Fixed		3.442	%		2016		500		500
Capitalized lease obligations, mortgage indebtedness and other^(b)									204		190

Subtotal									11,453		13,189

Subsidiaries
Subordinated notes		Fixed		4.800	%		2015		–		500
		Fixed		3.778	%		2020		–		500
Federal Home Loan Bank advances		Fixed		1.250% - 8.250	%		2017 - 2026		11		11
		Floating		.335% - .847	%		2016 - 2025		9,081		7,334
Bank notes		Fixed		1.100% - 2.800	%		2017 - 2025		5,850		4,050
		Floating		.016% - .803	%		2016 - 2055		4,928		6,069
Capitalized lease obligations, mortgage indebtedness and other^(b)									755		607

Subtotal									20,625		19,071

Total								$	32,078	$	32,260

(a)

Weighted-average interest rates of medium-term notes, Federal Home Loan Bank advances and bank notes were 2.43 percent, .57 percent and 1.20 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.

The Company has arrangements with the Federal Home Loan Bank and Federal Reserve Bank whereby the Company could have borrowed an additional $74.9 billion and $76.0 billion at December 31, 2015 and 2014, respectively, based on collateral available.

Maturities of long-term debt outstanding at December 31, 2015, were:


(Dollars in Millions)	Parent Company		Consolidated
2016	$	1,926	$	6,359
2017		1,249		7,144
2018		1,498		5,786
2019		1,511		3,505
2020		–		47
Thereafter		5,269		9,237

Total	$	11,453	$	32,078