XML 22 R7.htm IDEA: XBRL DOCUMENT v3.7.0.1
Consolidated Statement of Cash Flows (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Operating Activities    
Net income attributable to U.S. Bancorp $ 1,473 $ 1,386
Adjustments to reconcile net income to net cash provided by operating activities    
Provision for credit losses 345 330
Depreciation and amortization of premises and equipment 73 74
Amortization of intangibles 44 45
(Gain) loss on sale of loans held for sale (116) (194)
(Gain) loss on sale of securities and other assets (146) (90)
Loans originated for sale in the secondary market, net of repayments (7,802) (8,883)
Proceeds from sales of loans held for sale 9,968 8,198
Other, net (649) 395
Net cash provided by operating activities 3,190 1,261
Investing Activities    
Proceeds from sales of available-for-sale investment securities 828 530
Proceeds from maturities of held-to-maturity investment securities 2,085 2,088
Proceeds from maturities of available-for-sale investment securities 2,786 3,212
Purchases of held-to-maturity investment securities (2,500) (625)
Purchases of available-for-sale investment securities (4,253) (6,183)
Net increase in loans outstanding (250) (3,702)
Proceeds from sales of loans 439 299
Purchases of loans (932) (658)
Other, net 76 150
Net cash used in investing activities (1,721) (4,889)
Financing Activities    
Net increase in deposits 2,283 5,950
Net decrease in short-term borrowings (1,780) (4,100)
Proceeds from issuance of long-term debt 3,162 6,607
Principal payments or redemption of long-term debt (473) (3,907)
Proceeds from issuance of preferred stock 993  
Proceeds from issuance of common stock 112 33
Repurchase of common stock (594) (568)
Cash dividends paid on preferred stock (80) (66)
Cash dividends paid on common stock (478) (447)
Purchase of noncontrolling interests   (40)
Net cash provided by financing activities 3,145 3,462
Change in cash and due from banks 4,614 (166)
Cash and due from banks at beginning of period 15,705 11,147
Cash and due from banks at end of period $ 20,319 $ 10,981