Consolidated Statement of Income - USD ($) shares in Millions, $ in Millions	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Interest Income
Loans	$ 3,311	$ 3,540
Loans held for sale	44	25
Investment securities	692	705
Other interest income	69	81
Total interest income	4,116	4,351
Interest Expense
Deposits	525	695
Short-term borrowings	71	93
Long-term debt	297	304
Total interest expense	893	1,092
Net interest income	3,223	3,259
Provision for credit losses	993	377
Net interest income after provision for credit losses	2,230	2,882
Noninterest Income
Credit and debit card revenue	304	304
Corporate payment products revenue	145	162
Merchant processing services	337	378
Trust and investment management fees	427	399
Deposit service charges	209	217
Treasury management fees	143	146
Commercial products revenue	246	219
Mortgage banking revenue	395	169
Investment products fees	49	45
Securities gains (losses), net	50	5
Other	220	247
Total noninterest income	2,525	2,291
Noninterest Expense
Compensation	1,620	1,559
Employee benefits	352	333
Net occupancy and equipment	276	277
Professional services	99	95
Marketing and business development	74	89
Technology and communications	289	257
Postage, printing and supplies	72	72
Other intangibles	42	40
Other	492	365
Total noninterest expense	3,316	3,087
Income before income taxes	1,439	2,086
Applicable income taxes	260	378
Net income	1,179	1,708
Net (income) loss attributable to noncontrolling interests	(8)	(9)
Net income attributable to U.S. Bancorp	1,171	1,699
Net income applicable to U.S. Bancorp common shareholders	$ 1,088	$ 1,613
Earnings per common share	$ 0.72	$ 1.01
Diluted earnings per common share	$ 0.72	$ 1.00
Average common shares outstanding	1,518	1,602
Average diluted common shares outstanding	1,519	1,605