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Consolidated Balance Sheet - USD ($)
$ in Millions
Dec. 31, 2019
Dec. 31, 2018
Assets    
Cash and due from banks $ 22,405 $ 21,453
Investment securities    
Held-to-maturity (2018 fair value $44,964)   46,050
Available-for-sale ($269 and $2,057 pledged as collateral, respectively) [1] 122,613 [2] 66,115
Loans held for sale (including $5,533 and $2,035 of mortgage loans carried at fair value, respectively) 5,578 2,056
Loans    
Total loans 296,102 286,810
Less allowance for loan losses (4,020) (3,973)
Net loans 292,082 282,837
Premises and equipment 3,702 2,457
Goodwill 9,655 9,369
Other intangible assets 3,223 3,392
Other assets (including $951 and $843 of trading securities at fair value pledged as collateral, respectively) 36,168 33,645
Total assets 495,426 467,374
Deposits    
Noninterest-bearing 75,590 81,811
Interest-bearing [3] 286,326 263,664
Total deposits 361,916 345,475
Short-term borrowings 23,723 14,139
Long-term debt 40,167 41,340
Other liabilities 17,137 14,763
Total liabilities 442,943 415,717
Shareholders' equity    
Preferred stock 5,984 5,984
Common stock, par value $0.01 a share — authorized: 4,000,000,000 shares; issued: 2019 and 2018 — 2,125,725,742 shares 21 21
Capital surplus 8,475 8,469
Retained earnings 63,186 59,065
Less cost of common stock in treasury: 2019 — 591,570,506 shares; 2018 — 517,391,021 shares (24,440) (20,188)
Accumulated other comprehensive income (loss) (1,373) (2,322)
Total U.S. Bancorp shareholders' equity 51,853 51,029
Noncontrolling interests 630 628
Total equity 52,483 51,657
Total liabilities and equity 495,426 467,374
Commercial    
Loans    
Total loans 103,863 102,444
Commercial real estate    
Loans    
Total loans 39,746 39,539
Residential mortgages    
Loans    
Total loans 70,586 65,034
Credit card    
Loans    
Total loans 24,789 23,363
Other retail    
Loans    
Total loans $ 57,118 $ 56,430
[1] Includes only collateral pledged by the Company where counterparties have the right to sell or pledge the collateral.
[2] The weighted-average maturity of total available-for-sale and held-to-maturity investment securities was 5.3 years at December 31, 2018, with a corresponding weighted-average yield of 2.53 percent.
[3] lncludes time deposits greater than $250,000 balances of $7.8 billion and $15.3 billion at December 31, 2019 and 2018, respectively.