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Consolidated Statement of Cash Flows (Unaudited) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Operating Activities    
Net income attributable to U.S. Bancorp $ 3,520 $ 3,425
Adjustments to reconcile net income to net cash provided by operating activities    
Provision for credit losses 742 668
Depreciation and amortization of premises and equipment 163 149
Amortization of intangibles 82 79
(Gain) loss on sale of loans held for sale (248) (200)
(Gain) loss on sale of securities and other assets (209) (203)
Loans originated for sale in the secondary market, net of repayments (14,566) (15,836)
Proceeds from sales of loans held for sale 12,912 16,141
Other, net (491) 466
Net cash provided by operating activities 1,905 4,689
Investing Activities    
Proceeds from sales of available-for-sale investment securities 2,535 1,158
Proceeds from maturities of held-to-maturity investment securities 3,707 3,274
Proceeds from maturities of available-for-sale investment securities 4,753 5,684
Purchases of held-to-maturity investment securities (4,052) (6,433)
Purchases of available-for-sale investment securities (8,886) (4,640)
Net increase in loans outstanding (5,527) (882)
Proceeds from sales of loans 1,183 2,347
Purchases of loans (1,676) (1,924)
Net increase in securities purchased under agreements to resell (3,921) (172)
Other, net 12 (581)
Net cash used in investing activities (11,872) (2,169)
Financing Activities    
Net increase (decrease) in deposits 7,702 (7,135)
Net increase in short-term borrowings 893 1,485
Proceeds from issuance of long-term debt 5,610 6,230
Principal payments or redemption of long-term debt (6,000) (1,233)
Proceeds from issuance of common stock 24 45
Repurchase of common stock (1,441) (1,266)
Cash dividends paid on preferred stock (151) (134)
Cash dividends paid on common stock (1,191) (996)
Net cash provided by (used in) financing activities 5,446 (3,004)
Change in cash and due from banks (4,521) (484)
Cash and due from banks at beginning of period 21,453 19,505
Cash and due from banks at end of period $ 16,932 $ 19,021