XML 29 R7.htm IDEA: XBRL DOCUMENT v3.6.0.2
Consolidated Statement of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Operating Activities      
Net income attributable to U.S. Bancorp $ 5,888 $ 5,879 $ 5,851
Adjustments to reconcile net income to net cash provided by operating activities      
Provision for credit losses 1,324 1,132 1,229
Depreciation and amortization of premises and equipment 291 307 302
Amortization of intangibles 179 174 199
(Gain) loss on sale of loans held for sale (954) (993) (801)
(Gain) loss on sale of securities and other assets (617) (403) (595)
Loans originated for sale in the secondary market, net of repayments (42,867) (43,312) (30,858)
Proceeds from sales of loans held for sale 41,605 45,211 29,962
Other, net 487 787 43
Net cash provided by operating activities 5,336 8,782 5,332
Investing Activities      
Proceeds from sales of available-for-sale investment securities 9,877 690 475
Proceeds from maturities of held-to-maturity investment securities 9,733 10,567 9,479
Proceeds from maturities of available-for-sale investment securities 14,625 13,395 7,212
Purchases of held-to-maturity investment securities (9,171) (9,234) (15,597)
Purchases of available-for-sale investment securities (29,684) (20,502) (21,752)
Net increase in loans outstanding (13,383) (11,788) (12,873)
Proceeds from sales of loans 2,604 1,723 1,657
Purchases of loans (2,881) (4,475) (2,355)
Acquisitions, net of cash acquired     3,436
Other, net 322 (1,526) 506
Net cash (used in) provided by investing activities (17,958) (21,150) (29,812)
Financing Activities      
Net increase in deposits 34,192 18,290 15,822
Net increase (decrease) in short-term borrowings (13,914) (2,016) 2,285
Proceeds from issuance of long-term debt 10,715 5,067 16,394
Principal payments or redemption of long-term debt (9,495) (5,311) (4,128)
Proceeds from issuance of preferred stock   745  
Proceeds from issuance of common stock 355 295 453
Repurchase of common stock (2,556) (2,190) (2,200)
Cash dividends paid on preferred stock (267) (242) (243)
Cash dividends paid on common stock (1,810) (1,777) (1,726)
Purchase of noncontrolling interests (40)    
Net cash provided by (used in) financing activities 17,180 12,861 26,657
Change in cash and due from banks 4,558 493 2,177
Cash and due from banks at beginning of year 11,147 10,654 8,477
Cash and due from banks at end of year 15,705 11,147 10,654
Supplemental Cash Flow Disclosures      
Cash paid for income taxes 595 742 748
Cash paid for interest 1,591 1,434 1,476
Net noncash transfers to foreclosed property $ 156 $ 204 199
Acquisitions      
Assets (sold) acquired     1,376
Liabilities sold (assumed)     (4,797)
Net     $ (3,421)