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Earnings Per Share - Components of Earnings Per Share (Detail) - USD ($)
$ / shares in Units, shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Earnings Per Share [Abstract]        
Net income attributable to U.S. Bancorp $ 1,821 $ 1,750 $ 3,520 $ 3,425
Preferred dividends (72) [1] (64) [2] (151) [3] (134) [4]
Earnings allocated to participating stock awards (8) (8) (15) (16)
Net income applicable to U.S. Bancorp common shareholders $ 1,741 $ 1,678 $ 3,354 $ 3,275
Average common shares outstanding 1,590 1,642 1,596 1,647
Net effect of the exercise and assumed purchase of stock awards 2 4 3 4
Average diluted common shares outstanding 1,592 1,646 1,599 1,651
Earnings per common share $ 1.09 $ 1.02 $ 2.10 $ 1.99
Diluted earnings per common share $ 1.09 $ 1.02 $ 2.10 $ 1.98
[1] 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.
[2] 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.
[3] 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.
[4] 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.