XML 22 R7.htm IDEA: XBRL DOCUMENT v3.7.0.1
Consolidated Statement of Cash Flows (Unaudited) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Operating Activities    
Net income attributable to U.S. Bancorp $ 2,973 $ 2,908
Adjustments to reconcile net income to net cash provided by operating activities    
Provision for credit losses 695 657
Depreciation and amortization of premises and equipment 146 147
Amortization of intangibles 87 89
(Gain) loss on sale of loans held for sale (317) (433)
(Gain) loss on sale of securities and other assets (282) (354)
Loans originated for sale in the secondary market, net of repayments (16,337) (19,753)
Proceeds from sales of loans held for sale 17,707 18,887
Other, net 107 536
Net cash provided by operating activities 4,779 2,684
Investing Activities    
Proceeds from sales of available-for-sale investment securities 2,718 5,071
Proceeds from maturities of held-to-maturity investment securities 4,094 4,503
Proceeds from maturities of available-for-sale investment securities 6,417 6,439
Purchases of held-to-maturity investment securities (4,784) (2,963)
Purchases of available-for-sale investment securities (9,883) (15,204)
Net increase in loans outstanding (4,122) (8,025)
Proceeds from sales of loans 851 782
Purchases of loans (1,537) (1,123)
Other, net (568) 426
Net cash used in investing activities (6,814) (10,094)
Financing Activities    
Net increase in deposits 12,672 17,192
Net increase (decrease) in short-term borrowings 449 (9,444)
Proceeds from issuance of long-term debt 6,698 9,149
Principal payments or redemption of long-term debt (2,175) (4,384)
Proceeds from issuance of preferred stock 993  
Proceeds from issuance of common stock 127 113
Repurchase of preferred stock (1,085)  
Repurchase of common stock (1,282) (1,267)
Cash dividends paid on preferred stock (149) (127)
Cash dividends paid on common stock (954) (891)
Purchase of noncontrolling interests   (40)
Net cash provided by financing activities 15,294 10,301
Change in cash and due from banks 13,259 2,891
Cash and due from banks at beginning of period 15,705 11,147
Cash and due from banks at end of period $ 28,964 $ 14,038