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Consolidated Statement of Cash Flows (Unaudited) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Operating Activities    
Net income attributable to U.S. Bancorp $ 3,425 $ 2,973
Adjustments to reconcile net income to net cash provided by operating activities    
Provision for credit losses 668 695
Depreciation and amortization of premises and equipment 149 146
Amortization of intangibles 79 87
(Gain) loss on sale of loans held for sale (200) (317)
(Gain) loss on sale of securities and other assets (203) (282)
Loans originated for sale in the secondary market, net of repayments (15,836) (16,337)
Proceeds from sales of loans held for sale 16,141 17,707
Other, net 466 107
Net cash provided by operating activities 4,689 4,779
Investing Activities    
Proceeds from sales of available-for-sale investment securities 1,158 2,718
Proceeds from maturities of held-to-maturity investment securities 3,274 4,094
Proceeds from maturities of available-for-sale investment securities 5,684 6,417
Purchases of held-to-maturity investment securities (6,433) (4,784)
Purchases of available-for-sale investment securities (4,640) (9,883)
Net increase in loans outstanding (882) (4,122)
Proceeds from sales of loans 2,347 851
Purchases of loans (1,924) (1,537)
Other, net (753) (568)
Net cash used in investing activities (2,169) (6,814)
Financing Activities    
Net (decrease) increase in deposits (7,135) 12,672
Net increase in short-term borrowings 1,485 449
Proceeds from issuance of long-term debt 6,230 6,698
Principal payments or redemption of long-term debt (1,233) (2,175)
Proceeds from issuance of preferred stock   993
Proceeds from issuance of common stock 45 127
Repurchase of preferred stock   (1,085)
Repurchase of common stock (1,266) (1,282)
Cash dividends paid on preferred stock (134) (149)
Cash dividends paid on common stock (996) (954)
Net cash (used in) provided by financing activities (3,004) 15,294
Change in cash and due from banks (484) 13,259
Cash and due from banks at beginning of period 19,505 15,705
Cash and due from banks at end of period $ 19,021 $ 28,964