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Consolidated Statement of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Operating Activities      
Net income attributable to U.S. Bancorp $ 7,096 $ 6,218 $ 5,888
Adjustments to reconcile net income to net cash provided by operating activities      
Provision for credit losses 1,379 1,390 1,324
Depreciation and amortization of premises and equipment 306 293 291
Amortization of intangibles 161 175 179
(Gain) loss on sale of loans held for sale (394) (772) (954)
(Gain) loss on sale of securities and other assets (510) (502) (617)
Loans originated for sale in the secondary market, net of repayments (29,214) (35,743) (42,867)
Proceeds from sales of loans held for sale 30,730 37,462 41,605
Other, net 1,010 (2,049) 487
Net cash provided by operating activities 10,564 6,472 5,336
Investing Activities      
Proceeds from sales of available-for-sale investment securities 1,400 3,084 9,877
Proceeds from maturities of held-to-maturity investment securities 6,619 8,306 9,733
Proceeds from maturities of available-for-sale investment securities 11,411 13,042 14,625
Purchases of held-to-maturity investment securities (9,793) (9,712) (9,171)
Purchases of available-for-sale investment securities (10,077) (17,860) (29,684)
Net increase in loans outstanding (9,234) (8,054) (13,383)
Proceeds from sales of loans 4,862 2,458 2,604
Purchases of loans (3,694) (3,040) (2,881)
Other, net (471) (350) 322
Net cash used in investing activities (8,977) (12,126) (17,958)
Financing Activities      
Net (decrease) increase in deposits (1,740) 12,625 34,192
Net (decrease) increase in short-term borrowings (2,512) 2,688 (13,914)
Proceeds from issuance of long-term debt 12,078 9,434 10,715
Principal payments or redemption of long-term debt (2,928) (10,517) (9,495)
Proceeds from issuance of preferred stock 565 993  
Proceeds from issuance of common stock 86 159 355
Repurchase of preferred stock   (1,085)  
Repurchase of common stock (2,822) (2,631) (2,556)
Cash dividends paid on preferred stock (274) (284) (267)
Cash dividends paid on common stock (2,092) (1,928) (1,810)
Purchase of noncontrolling interests     (40)
Net cash provided by financing activities 361 9,454 17,180
Change in cash and due from banks 1,948 3,800 4,558
Cash and due from banks at beginning of period 19,505 15,705 11,147
Cash and due from banks at end of period 21,453 19,505 15,705
Supplemental Cash Flow Disclosures      
Cash paid for income taxes 365 555 595
Cash paid for interest 3,056 2,086 1,591
Net noncash transfers to foreclosed property $ 115 $ 163 $ 156