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Consolidated Statement of Comprehensive Income - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Statement of Comprehensive Income [Abstract]        
Net income $ 695 $ 1,828 $ 1,874 $ 3,536
Other Comprehensive Income (Loss)        
Changes in unrealized gains and losses on investment securities available-for-sale 453 721 3,240 1,506
Changes in unrealized gains and losses on derivative hedges   (135) (257) (209)
Foreign currency translation 1 (8) (12) 8
Reclassification to earnings of realized gains and losses (59) (4) (65) 4
Income taxes related to other comprehensive income (loss) (100) (145) (735) (331)
Total other comprehensive income (loss) 295 429 2,171 978
Comprehensive income 990 2,257 4,045 4,514
Comprehensive (income) loss attributable to noncontrolling interests (6) (7) (14) (16)
Comprehensive income attributable to U.S. Bancorp $ 984 $ 2,250 $ 4,031 $ 4,498