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Consolidated Statement of Cash Flows (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Operating Activities    
Net income attributable to U.S. Bancorp $ 1,675 $ 1,473
Adjustments to reconcile net income to net cash provided by operating activities    
Provision for credit losses 341 345
Depreciation and amortization of premises and equipment 74 73
Amortization of intangibles 39 44
(Gain) loss on sale of loans held for sale (62) (116)
(Gain) loss on sale of securities and other assets (78) (146)
Loans originated for sale in the secondary market, net of repayments (7,762) (7,802)
Proceeds from sales of loans held for sale 7,975 9,968
Other, net (768) (649)
Net cash provided by operating activities 1,434 3,190
Investing Activities    
Proceeds from sales of available-for-sale investment securities 944 828
Proceeds from maturities of held-to-maturity investment securities 1,598 2,085
Proceeds from maturities of available-for-sale investment securities 2,771 2,786
Purchases of held-to-maturity investment securities (3,310) (2,500)
Purchases of available-for-sale investment securities (2,068) (4,253)
Net decrease (increase) in loans outstanding 1,417 (250)
Proceeds from sales of loans 330 439
Purchases of loans (1,135) (932)
Other, net (465) 76
Net cash provided by (used in) investing activities 82 (1,721)
Financing Activities    
Net (decrease) increase in deposits (2,689) 2,283
Net increase (decrease) in short-term borrowings 1,052 (1,780)
Proceeds from issuance of long-term debt 2,110 3,162
Principal payments or redemption of long-term debt (1,137) (473)
Proceeds from issuance of preferred stock   993
Proceeds from issuance of common stock 40 112
Repurchase of common stock (588) (594)
Cash dividends paid on preferred stock (64) (80)
Cash dividends paid on common stock (499) (478)
Net cash (used in) provided by financing activities (1,775) 3,145
Change in cash and due from banks (259) 4,614
Cash and due from banks at beginning of period 19,505 15,705
Cash and due from banks at end of period $ 19,246 $ 20,319