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Consolidated Balance Sheet - USD ($)
$ in Millions
Mar. 31, 2020
Dec. 31, 2019
Assets    
Cash and due from banks [1] $ 46,805 $ 22,405
Available-for-sale investment securities ($623 and $269 pledged as collateral, respectively) [1] 123,681 [2] 122,613
Loans held for sale (including $4,580 and $5,533 of mortgage loans carried at fair value, respectively) 4,623 5,578
Loans    
Total loans 318,305 296,102
Less allowance for loan losses (6,216) (4,020)
Net loans 312,089 292,082
Premises and equipment 3,660 3,702
Goodwill 9,836 9,655
Other intangible assets 2,629 3,223
Other assets (including $1,237 and $951 of trading securities at fair value pledged as collateral, respectively) [1] 39,586 36,168
Total assets 542,909 495,426
Deposits    
Noninterest-bearing 91,432 75,590
Interest-bearing [3] 303,422 286,326
Total deposits 394,854 361,916
Short-term borrowings 26,344 23,723
Long-term debt 52,298 40,167
Other liabilities 17,251 17,137
Total liabilities 490,747 442,943
Shareholders' equity    
Preferred stock 5,984 5,984
Common stock, par value $0.01 a share—authorized: 4,000,000,000 shares; issued: 3/31/20 and 12/31/19—2,125,725,742 shares 21 21
Capital surplus 8,452 8,475
Retained earnings 62,544 63,186
Less cost of common stock in treasury: 3/31/20—619,641,645 shares; 12/31/19—591,570,506 shares (25,972) (24,440)
Accumulated other comprehensive income (loss) 503 (1,373)
Total U.S. Bancorp shareholders' equity 51,532 51,853
Noncontrolling interests 630 630
Total equity 52,162 52,483
Total liabilities and equity 542,909 495,426
Commercial    
Loans    
Total loans 126,317 103,863
Commercial real estate    
Loans    
Total loans 40,980 39,746
Residential mortgages    
Loans    
Total loans 71,175 70,586
Credit card    
Loans    
Total loans 22,781 24,789
Other retail    
Loans    
Total loans $ 57,052 $ 57,118
[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 investment securities was 4.2 years at December 31, 2019, with a corresponding weighted-average yield of 2.38 percent.
[3] lncludes time deposits greater than $250,000 balances of $8.1 billion and $7.8 billion at March 31, 2020 and December 31, 2019, respectively.