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Consolidated Balance Sheet - USD ($)
$ in Millions
Dec. 31, 2017
Dec. 31, 2016
Assets    
Cash and due from banks $ 19,505 $ 15,705
Investment securities    
Held-to-maturity (fair value $43,723 and $42,435, respectively) 44,362 42,991
Available-for-sale ($689 and $755 pledged as collateral, respectively) [1] 68,137 66,284
Loans held for sale (including $3,534 and $4,822 of mortgage loans carried at fair value, respectively) 3,554 4,826
Loans    
Commercial 97,561 93,386
Commercial real estate 40,463 43,098
Residential mortgages 59,783 57,274
Credit card 22,180 21,749
Other retail 57,324 53,864
Total loans, excluding covered loans 277,311 269,371
Covered loans 3,121 3,836
Total loans 280,432 273,207
Less allowance for loan losses (3,925) (3,813)
Net loans 276,507 269,394
Premises and equipment 2,432 2,443
Goodwill 9,434 9,344
Other intangible assets 3,228 3,303
Other assets (including $238 and $314 of trading securities at fair value pledged as collateral, respectively) [1] 34,881 31,674
Total assets 462,040 445,964
Deposits    
Noninterest-bearing 87,557 86,097
Interest-bearing [2] 259,658 248,493
Total deposits 347,215 334,590
Short-term borrowings 16,651 13,963
Long-term debt 32,259 33,323
Other liabilities 16,249 16,155
Total liabilities 412,374 398,031
Shareholders' equity    
Preferred stock 5,419 5,501
Common stock, par value $0.01 a share - authorized: 4,000,000,000 shares; issued: 2017 and 2016 - 2,125,725,742 shares 21 21
Capital surplus 8,464 8,440
Retained earnings 54,142 50,151
Less cost of common stock in treasury: 2017 - 470,080,231 shares; 2016 - 428,813,585 shares (17,602) (15,280)
Accumulated other comprehensive income (loss) (1,404) (1,535)
Total U.S. Bancorp shareholders' equity 49,040 47,298
Noncontrolling interests 626 635
Total equity 49,666 47,933
Total liabilities and equity $ 462,040 $ 445,964
[1] Includes only collateral pledged by the Company where counterparties have the right to sell or pledge the collateral.
[2] Includes time deposits greater than $250,000 balances of $6.8 billion and $3.0 billion at December 31, 2017 and 2016, respectively.