Consolidated Statement of Income (Unaudited) - USD ($) shares in Millions, $ in Millions	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Interest Income
Loans	$ 2,797	$ 2,644
Loans held for sale	35	31
Investment securities	530	517
Other interest income	38	29
Total interest income	3,400	3,221
Interest Expense
Deposits	199	139
Short-term borrowings	66	65
Long-term debt	190	182
Total interest expense	455	386
Net interest income	2,945	2,835
Provision for credit losses	345	330
Net interest income after provision for credit losses	2,600	2,505
Noninterest Income
Credit and debit card revenue	292	266
Corporate payment products revenue	179	170
Merchant processing services	378	373
ATM processing services	85	80
Trust and investment management fees	368	339
Deposit service charges	177	168
Treasury management fees	153	142
Commercial products revenue	207	197
Mortgage banking revenue	207	187
Investment products fees	40	40
Securities gains (losses), net
Realized gains (losses), net	29	3
Total other-than-temporary impairment		(2)
Portion of other-than-temporary impairment recognized in other comprehensive income		2
Total securities gains (losses), net	29	3
Other	214	184
Total noninterest income	2,329	2,149
Noninterest Expense
Compensation	1,391	1,249
Employee benefits	314	300
Net occupancy and equipment	247	248
Professional services	96	98
Marketing and business development	90	77
Technology and communications	235	233
Postage, printing and supplies	81	79
Other intangibles	44	45
Other	446	420
Total noninterest expense	2,944	2,749
Income before income taxes	1,985	1,905
Applicable income taxes	499	504
Net income	1,486	1,401
Net (income) loss attributable to noncontrolling interests	(13)	(15)
Net income attributable to U.S. Bancorp	1,473	1,386
Net income applicable to U.S. Bancorp common shareholders	$ 1,387	$ 1,329
Earnings per common share	$ 0.82	$ 0.77
Diluted earnings per common share	0.82	0.76
Dividends declared per common share	$ 0.280	$ 0.255
Average common shares outstanding	1,694	1,737
Average diluted common shares outstanding	1,701	1,743