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Consolidated Balance Sheet - USD ($)
$ in Millions
Dec. 31, 2016
Dec. 31, 2015
Assets    
Cash and due from banks $ 15,705 $ 11,147
Investment securities    
Held-to-maturity (fair value $42,435 and $43,493, respectively) 42,991 43,590
Available-for-sale ($755 and $1,018 pledged as collateral, respectively) [1] 66,284 61,997
Loans held for sale (including $4,822 and $3,110 of mortgage loans carried at fair value, respectively) 4,826 3,184
Loans    
Commercial 93,386 88,402
Commercial real estate 43,098 42,137
Residential mortgages 57,274 53,496
Credit card 21,749 21,012
Other retail 53,864 51,206
Total loans, excluding covered loans 269,371 256,253
Covered loans 3,836 4,596
Total loans 273,207 260,849
Less allowance for loan losses (3,813) (3,863)
Net loans 269,394 256,986
Premises and equipment 2,443 2,513
Goodwill 9,344 9,361
Other intangible assets 3,303 3,350
Other assets (including $314 and $121 of trading securities at fair value pledged as collateral, respectively) [1] 31,674 29,725
Total assets 445,964 421,853
Deposits    
Noninterest-bearing 86,097 83,766
Interest-bearing [2] 248,493 216,634
Total deposits 334,590 300,400
Short-term borrowings 13,963 27,877
Long-term debt 33,323 32,078
Other liabilities 16,155 14,681
Total liabilities 398,031 375,036
Shareholders' equity    
Preferred stock 5,501 5,501
Common stock, par value $0.01 a share - authorized: 4,000,000,000 shares; issued: 2016 and 2015 - 2,125,725,742 shares 21 21
Capital surplus 8,440 8,376
Retained earnings 50,151 46,377
Less cost of common stock in treasury: 2016 - 428,813,585 shares; 2015 - 380,534,801 shares (15,280) (13,125)
Accumulated other comprehensive income (loss) (1,535) (1,019)
Total U.S. Bancorp shareholders' equity 47,298 46,131
Noncontrolling interests 635 686
Total equity 47,933 46,817
Total liabilities and equity $ 445,964 $ 421,853
[1] Includes only collateral pledged by the Company where counterparties have the right to sell or pledge the collateral.
[2] lncludes time deposits greater than $250,000 balances of $3.0 billion and $2.6 billion at December 31, 2016 and 2015, respectively.