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Consolidated Balance Sheet - USD ($)
$ in Millions
Sep. 30, 2020
Dec. 31, 2019
Assets    
Cash and due from banks $ 44,047 $ 22,405
Available-for-sale investment securities ($604 and $269 pledged as collateral, respectively) [1] 134,032 [2] 122,613
Loans held for sale (including $7,314 and $5,533 of mortgage loans carried at fair value, respectively 7,618 5,578
Loans    
Total loans 306,985 296,102
Less allowance for loan losses (7,407) (4,020)
Net loans 299,578 292,082
Premises and equipment 3,516 3,702
Goodwill 9,889 9,655
Other intangible assets 2,654 3,223
Other assets (including $1,198 and $951 of trading securities at fair value pledged as collateral, respectively) [1] 39,121 36,168
Total assets 540,455 495,426
Deposits    
Noninterest-bearing 114,583 75,590
Interest-bearing [3] 298,634 286,326
Total deposits 413,217 361,916
Short-term borrowings 13,723 23,723
Long-term debt 42,443 40,167
Other liabilities 17,877 17,137
Total liabilities 487,260 442,943
Shareholders' equity    
Preferred stock 5,984 5,984
Common stock, par value $0.01 a share—authorized: 4,000,000,000 shares; issued: 9/30/20 and 12/31/19—2,125,725,742 shares 21 21
Capital surplus 8,516 8,475
Retained earnings 63,391 63,186
Less cost of common stock in treasury: 9/30/20—619,334,565 shares; 12/31/19—591,570,506 shares (25,959) (24,440)
Accumulated other comprehensive income (loss) 612 (1,373)
Total U.S. Bancorp shareholders' equity 52,565 51,853
Noncontrolling interests 630 630
Total equity 53,195 52,483
Total liabilities and equity 540,455 495,426
Commercial    
Loans    
Total loans 110,764 103,863
Commercial real estate    
Loans    
Total loans 40,380 39,746
Residential mortgages    
Loans    
Total loans 76,789 70,586
Credit card    
Loans    
Total loans 21,898 24,789
Other retail    
Loans    
Total loans $ 57,154 $ 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] Includes time deposits greater than $250,000 balances of $5.0 billion and $7.8 billion at September 30, 2020 and December 31, 2019, respectively.