Consolidated Statement of Income - USD ($) shares in Millions, $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Interest Income
Loans	$ 2,949	$ 3,582	$ 6,260	$ 7,122
Loans held for sale	52	34	96	59
Investment securities	630	745	1,322	1,450
Other interest income	41	90	110	171
Total interest income	3,672	4,451	7,788	8,802
Interest Expense
Deposits	194	762	719	1,457
Short-term borrowings	34	91	105	184
Long-term debt	244	293	541	597
Total interest expense	472	1,146	1,365	2,238
Net interest income	3,200	3,305	6,423	6,564
Provision for credit losses	1,737	365	2,730	742
Net interest income after provision for credit losses	1,463	2,940	3,693	5,822
Noninterest Income
Credit and debit card revenue	284	365	588	669
Corporate payment products revenue	101	167	246	329
Merchant processing services	266	404	603	782
Trust and investment management fees	434	415	861	814
Deposit service charges	133	227	342	444
Treasury management fees	137	153	280	299
Commercial products revenue	355	249	601	468
Mortgage banking revenue	648	189	1,043	358
Investment products fees	45	47	94	92
Securities gains (losses), net	81	17	131	22
Other	130	257	350	504
Total noninterest income	2,614	2,490	5,139	4,781
Noninterest Expense
Compensation	1,685	1,574	3,305	3,133
Employee benefits	314	314	666	647
Net occupancy and equipment	271	281	547	558
Professional services	106	106	205	201
Marketing and business development	67	111	141	200
Technology and communications	309	270	598	527
Postage, printing and supplies	72	73	144	145
Other intangibles	43	42	85	82
Other	451	382	943	747
Total noninterest expense	3,318	3,153	6,634	6,240
Income before income taxes	759	2,277	2,198	4,363
Applicable income taxes	64	449	324	827
Net income	695	1,828	1,874	3,536
Net (income) loss attributable to noncontrolling interests	(6)	(7)	(14)	(16)
Net income attributable to U.S. Bancorp	689	1,821	1,860	3,520
Net income applicable to U.S. Bancorp common shareholders	$ 614	$ 1,741	$ 1,702	$ 3,354
Earnings per common share	$ 0.41	$ 1.09	$ 1.13	$ 2.10
Diluted earnings per common share	$ 0.41	$ 1.09	$ 1.12	$ 2.10
Average common shares outstanding	1,506	1,590	1,512	1,596
Average diluted common shares outstanding	1,507	1,592	1,513	1,599