XML 22 R7.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Statement of Cash Flows (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Operating Activities    
Net income attributable to U.S. Bancorp $ 4,536 $ 4,410
Adjustments to reconcile net income to net cash provided by operating activities    
Provision for credit losses 1,055 982
Depreciation and amortization of premises and equipment 219 219
Amortization of intangibles 131 134
(Gain) loss on sale of loans held for sale (544) (753)
(Gain) loss on sale of securities and other assets (387) (463)
Loans originated for sale in the secondary market, net of repayments (26,080) (31,975)
Proceeds from sales of loans held for sale 27,481 30,033
Other, net 230 651
Net cash provided by operating activities 6,641 3,238
Investing Activities    
Proceeds from sales of available-for-sale investment securities 3,063 8,171
Proceeds from maturities of held-to-maturity investment securities 6,348 7,116
Proceeds from maturities of available-for-sale investment securities 9,459 10,252
Purchases of held-to-maturity investment securities (7,403) (6,428)
Purchases of available-for-sale investment securities (13,575) (22,897)
Net increase in loans outstanding (5,698) (11,063)
Proceeds from sales of loans 1,348 1,782
Purchases of loans (2,245) (2,136)
Other, net (617) (38)
Net cash used in investing activities (9,320) (15,241)
Financing Activities    
Net increase in deposits 7,999 34,197
Net increase (decrease) in short-term borrowings 1,893 (12,182)
Proceeds from issuance of long-term debt 7,726 10,631
Principal payments or redemption of long-term debt (6,561) (4,806)
Proceeds from issuance of preferred stock 993  
Proceeds from issuance of common stock 138 159
Repurchase of preferred stock (1,085)  
Repurchase of common stock (1,950) (1,902)
Cash dividends paid on preferred stock (213) (206)
Cash dividends paid on common stock (1,426) (1,331)
Purchase of noncontrolling interests   (40)
Net cash provided by financing activities 7,514 24,520
Change in cash and due from banks 4,835 12,517
Cash and due from banks at beginning of period 15,705 11,147
Cash and due from banks at end of period $ 20,540 $ 23,664