Long-Term Debt (Tables)

12 Months Ended

Dec. 31, 2018

Debt Disclosure [Abstract]

Summary of Long-term Debt

Long-term debt (debt with original maturities of more than one year) at December 31 consisted of the following:

(Dollars in Millions)	Rate Type		Rate(a)			Maturity Date		2018			2017
U.S. Bancorp (Parent Company)
Subordinated notes		Fixed		2.950	%		2022	$	1,300		$	1,300
		Fixed		3.600	%		2024		1,000			1,000
		Fixed		7.500	%		2026		199			199
		Fixed		3.100	%		2026		1,000			1,000
Medium-term notes		Fixed		.850% - 4.125	%		2019 - 2028		12,345			11,299
		Floating		2.890% - 3.127	%		2019 - 2022		500			1,000
Other(b)									(53	)		(29	)
Subtotal									16,291			15,769
Subsidiaries
Federal Home Loan Bank advances		Fixed		1.250% - 8.250	%		2019 - 2026		307			208
		Floating		2.650% - 3.175	%		2019 - 2026		4,272			5,272
Bank notes		Fixed		1.400% - 3.450	%		2019 - 2025		11,600			6,200
		Floating		2.177% - 3.009	%		2019 - 2058		7,864			3,810
Other(c)									1,006			1,000
Subtotal									25,049			16,490
Total								$	41,340		$	32,259

(a) Weighted-average interest rates of medium-term notes, Federal Home Loan Bank advances and bank notes were 2.84 percent, 2.96 percent and 2.63 percent, respectively.

(b) Includes debt issuance fees and unrealized gains and losses and deferred amounts relating to derivative instruments.

(c) Includes consolidated community development and tax-advantaged investment VIEs, capitalized lease obligations, debt issuance fees, and unrealized gains and losses and deferred amounts relating to derivative instruments.

Maturities of Long-term Debt Outstanding

Maturities of long-term debt outstanding at December 31, 2018, were:

(Dollars in Millions)	Parent Company		Consolidated
2019	$	1,497	$	8,080
2020		–		6,407
2021		2,696		6,719
2022		3,793		4,082
2023		–		2,004
Thereafter		8,305		14,048
Total	$	16,291	$	41,340