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Consolidated Balance Sheet (Unaudited) - USD ($)
$ in Millions
Mar. 31, 2019
Dec. 31, 2018
Assets    
Cash and due from banks $ 18,115 $ 21,453
Investment securities    
Held-to-maturity (fair value $45,735 and $44,964, respectively) 46,285 46,050
Available-for-sale ($1,012 and $2,057 pledged as collateral, respectively) [1] 68,113 66,115
Loans held for sale (including $2,690 and $2,035 of mortgage loans carried at fair value, respectively) 2,725 2,056
Loans    
Commercial 103,069 102,444
Commercial real estate 39,421 39,539
Residential mortgages 66,243 65,034
Credit card 22,268 23,363
Other retail 56,698 56,430
Total loans 287,699 286,810
Less allowance for loan losses (3,990) (3,973)
Net loans 283,709 282,837
Premises and equipment 3,686 2,457
Goodwill 9,547 9,369
Other intangible assets 3,341 3,392
Other assets (including $988 and $843 of trading securities at fair value pledged as collateral, respectively) [1] 40,254 33,645
Total assets 475,775 467,374
Deposits    
Noninterest-bearing 74,587 81,811
Interest-bearing [2] 273,500 263,664
Total deposits 348,087 345,475
Short-term borrowings 15,396 14,139
Long-term debt 40,680 41,340
Other liabilities 18,926 14,763
Total liabilities 423,089 415,717
Shareholders' equity    
Preferred stock 5,984 5,984
Common stock, par value $0.01 a share - authorized: 4,000,000,000 shares; issued: 3/31/19 and 12/31/18 - 2,125,725,742 shares 21 21
Capital surplus 8,432 8,469
Retained earnings 60,092 59,065
Less cost of common stock in treasury: 3/31/19 - 526,688,641 shares; 12/31/18 - 517,391,021 shares (20,699) (20,188)
Accumulated other comprehensive income (loss) (1,773) (2,322)
Total U.S. Bancorp shareholders' equity 52,057 51,029
Noncontrolling interests 629 628
Total equity 52,686 51,657
Total liabilities and equity $ 475,775 $ 467,374
[1] Includes only collateral pledged by the Company where counterparties have the right to sell or pledge the collateral.
[2] lncludes time deposits greater than $250,000 balances of $15.6 billion and $15.3 billion at March 31, 2019 and December 31, 2018, respectively.