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Consolidated Statement of Shareholders' Equity (Unaudited) - USD ($)
shares in Millions, $ in Millions
Total
Common Stock [Member]
Preferred Stock [Member]
Capital Surplus [Member]
Retained Earnings [Member]
Treasury Stock [Member]
Accumulated Other Comprehensive Income (Loss) [Member]
Total U.S. Bancorp Shareholders' Equity [Member]
Noncontrolling Interests [Member]
Beginning Balance at Dec. 31, 2017 $ 49,666 $ 21 $ 5,419 $ 8,464 $ 54,142 $ (17,602) $ (1,404) $ 49,040 $ 626
Shares, Beginning Balance at Dec. 31, 2017   1,656              
Change in accounting principle at Dec. 31, 2017 [1] (1)       299   (300) (1)  
Net income (loss) 1,682       1,675     1,675 7
Other comprehensive income (loss) (489)           (489) (489)  
Preferred stock dividends [2] (70)       (70)     (70)  
Common stock dividends $ (497)       (497)     (497)  
Common stock dividends, share $ 0.30                
Issuance of common and treasury stock $ 40     (109)   149   40  
Issuance of common and treasury stock, shares   4              
Purchase of treasury stock (594)         (594)   (594)  
Purchase of treasury stock, shares   (11)              
Distributions to noncontrolling interests (7)               (7)
Net other changes in noncontrolling interests (1)               (1)
Stock option and restricted stock grants 83     83       83  
Ending Balance at Mar. 31, 2018 49,812 $ 21 5,419 8,438 55,549 (18,047) (2,193) 49,187 625
Shares, Ending Balance at Mar. 31, 2018   1,649              
Beginning Balance at Dec. 31, 2018 51,657 $ 21 5,984 8,469 59,065 (20,188) (2,322) 51,029 628
Shares, Beginning Balance at Dec. 31, 2018   1,608              
Change in accounting principle at Dec. 31, 2018 2       2     2  
Net income (loss) 1,708       1,699     1,699 9
Other comprehensive income (loss) 549           549 549  
Preferred stock dividends [3] (79)       (79)     (79)  
Common stock dividends $ (595)       (595)     (595)  
Common stock dividends, share $ 0.37                
Issuance of common and treasury stock $ 15     (114)   129   15  
Issuance of common and treasury stock, shares   3              
Purchase of treasury stock (640)         (640)   (640)  
Purchase of treasury stock, shares   (12)              
Distributions to noncontrolling interests (8)               (8)
Stock option and restricted stock grants 77     77       77  
Ending Balance at Mar. 31, 2019 $ 52,686 $ 21 $ 5,984 $ 8,432 $ 60,092 $ (20,699) $ (1,773) $ 52,057 $ 629
Shares, Ending Balance at Mar. 31, 2019   1,599              
[1] Reflects the adoption of new accounting guidance on January 1, 2018 to reclassifiy the impact of the reduced federal statutory rate for corporations included in 2017 tax reform legislation from accumulated other comprehensive income to retained earnings.
[2] Reflects dividends declared per share on the Company's Series A, Series B, Series F, Series H and Series J Non-Cumulative Perpetual Preferred Stock of $875.00, $218.75, $406.25, $321.88 and $662.50, respectively.
[3] Reflects dividends declared per share on the Company's Series A, Series B, Series F, Series H, Series J and Series K Non-Cumulative Perpetual Preferred Stock of $951.828, $218.75, $406.25, $321.88, $662.50 and $343.75, respectively.