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Consolidated Balance Sheet - USD ($)
$ in Millions
Jun. 30, 2021
Dec. 31, 2020
Assets    
Cash and due from banks $ 44,573 $ 62,580
Available-for-sale investment securities ($625 and $402 pledged as collateral, respectively) [1] 160,288 [2] 136,840
Loans held for sale (including $5,836 and $8,524 of mortgage loans carried at fair value, respectively) 5,856 8,761
Loans    
Total loans 296,912 297,707
Less allowance for loan losses (6,026) (7,314)
Net loans 290,886 290,393
Premises and equipment 3,295 3,468
Goodwill 9,911 9,918
Other intangible assets 3,363 2,864
Other assets (including $1,105 and $1,255 of trading securities at fair value pledged as collateral, respectively) [1] 40,714 39,081
Total assets 558,886 553,905
Deposits    
Noninterest-bearing 135,143 118,089
Interest-bearing [3] 302,039 311,681
Total deposits 437,182 429,770
Short-term borrowings 13,413 11,766
Long-term debt 36,360 41,297
Other liabilities 18,257 17,347
Total liabilities 505,212 500,180
Shareholders' equity    
Preferred stock 5,968 5,983
Common stock, par value $0.01 a share—authorized: 4,000,000,000 shares; issued: 6/30/21 and 12/31/20—2,125,725,742 shares 21 21
Capital surplus 8,518 8,511
Retained earnings 67,039 64,188
Less cost of common stock in treasury: 6/30/21 - 643,123,106 shares; 12/31/20—618,618,084 shares (27,305) (25,930)
Accumulated other comprehensive income (loss) (1,202) 322
Total U.S. Bancorp shareholders' equity 53,039 53,095
Noncontrolling interests 635 630
Total equity 53,674 53,725
Total liabilities and equity 558,886 553,905
Commercial    
Loans    
Total loans 103,521 102,871
Commercial real estate    
Loans    
Total loans 38,770 39,311
Residential mortgages    
Loans    
Total loans 73,366 76,155
Credit card    
Loans    
Total loans 21,816 22,346
Other retail    
Loans    
Total loans $ 59,439 $ 57,024
[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 3.4 years at December 31, 2020, with a corresponding weighted-average yield of 1.61 percent.
[3] lncludes time deposits greater than $250,000 balances of $2.5 billion and $4.4 billion at June 30, 2021 and December 31, 2020, respectively.