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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) 3,440       3,425     3,425 15
Other comprehensive income (loss) (611)           (611) (611)  
Preferred stock dividends [2] (134)       (134)     (134)  
Common stock dividends (990)       (990)     (990)  
Issuance of common and treasury stock 48     (113)   161   48  
Issuance of common and treasury stock, shares   4              
Purchase of treasury stock (1,266)         (1,266)   (1,266)  
Purchase of treasury stock, shares   (24)              
Distributions to noncontrolling interests (15)               (15)
Net other changes in noncontrolling interests 3               3
Stock option and restricted stock grants 117     117       117  
Ending Balance at Jun. 30, 2018 50,257 $ 21 5,419 8,468 56,742 (18,707) (2,315) 49,628 629
Shares, Ending Balance at Jun. 30, 2018   1,636              
Beginning Balance at Mar. 31, 2018 49,812 $ 21 5,419 8,438 55,549 (18,047) (2,193) 49,187 625
Shares, Beginning Balance at Mar. 31, 2018   1,649              
Net income (loss) 1,758       1,750     1,750 8
Other comprehensive income (loss) (122)           (122) (122)  
Preferred stock dividends [3] (64)       (64)     (64)  
Common stock dividends (493)       (493)     (493)  
Issuance of common and treasury stock 8     (4)   12   8  
Purchase of treasury stock (672)         (672)   (672)  
Purchase of treasury stock, shares   (13)              
Distributions to noncontrolling interests (8)               (8)
Net other changes in noncontrolling interests 4               4
Stock option and restricted stock grants 34     34       34  
Ending Balance at Jun. 30, 2018 50,257 $ 21 5,419 8,468 56,742 (18,707) (2,315) 49,628 629
Shares, Ending Balance at Jun. 30, 2018   1,636              
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) 3,536       3,520     3,520 16
Other comprehensive income (loss) 978           978 978  
Preferred stock dividends [4] (151)       (151)     (151)  
Common stock dividends (1,184)       (1,184)     (1,184)  
Issuance of common and treasury stock 24     (119)   143   24  
Issuance of common and treasury stock, shares   3              
Purchase of treasury stock (1,420)         (1,420)   (1,420)  
Purchase of treasury stock, shares   (27)              
Distributions to noncontrolling interests (16)               (16)
Net other changes in noncontrolling interests (1)               (1)
Stock option and restricted stock grants 115     115       115  
Ending Balance at Jun. 30, 2019 53,540 $ 21 5,984 8,465 61,252 (21,465) (1,344) 52,913 627
Shares, Ending Balance at Jun. 30, 2019   1,584              
Beginning Balance at Mar. 31, 2019 52,686 $ 21 5,984 8,432 60,092 (20,699) (1,773) 52,057 629
Shares, Beginning Balance at Mar. 31, 2019   1,599              
Net income (loss) 1,828       1,821     1,821 7
Other comprehensive income (loss) 429           429 429  
Preferred stock dividends [5] (72)       (72)     (72)  
Common stock dividends (589)       (589)     (589)  
Issuance of common and treasury stock 9     (5)   14   9  
Purchase of treasury stock (780)         (780)   (780)  
Purchase of treasury stock, shares   (15)              
Distributions to noncontrolling interests (8)               (8)
Net other changes in noncontrolling interests (1)               (1)
Stock option and restricted stock grants 38     38       38  
Ending Balance at Jun. 30, 2019 $ 53,540 $ 21 $ 5,984 $ 8,465 $ 61,252 $ (21,465) $ (1,344) $ 52,913 $ 627
Shares, Ending Balance at Jun. 30, 2019   1,584              
[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, Series I and Series J Non-Cumulative Perpetual Preferred Stock of $1,759.722, $439.93, $812.50, $643.76, 640.625 and $662.50, respectively.
[3] Reflects dividends declared per share on the Company's Series A, Series B, Series F, Series H and Series I Non-Cumulative Perpetual Preferred Stock of $884.722, $221.18, $406.25, $321.88 and $640.625, respectively.
[4] Reflects dividends declared per share on the Company’s Series A, Series B, Series F, Series H, Series I, Series J and Series K Non-Cumulative Perpetual Preferred Stock of $1,866.062, $439.93, $812.50, $643.76, $640.625, $662.50 and $687.50, respectively.
[5] Reflects dividends declared per share on the Company’s Series A, Series B, Series F, Series H, Series I and Series K Non-Cumulative Perpetual Preferred Stock of $914.234, $221.18, $406.25, $321.88, $640.625 and $343.75, respectively.