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Consolidated Statement of Comprehensive Income - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Statement of Comprehensive Income [Abstract]        
Net income $ 1,988 $ 695 $ 4,273 $ 1,874
Other Comprehensive Income (Loss)        
Changes in unrealized gains and losses on investment securities available-for-sale 1,195 453 (2,183) 3,240
Changes in unrealized gains and losses on derivative hedges 14 0 113 (257)
Foreign currency translation (1) 1 24 (12)
Reclassification to earnings of realized gains and losses (11) (59) 7 (65)
Income taxes related to other comprehensive income (loss) (304) (100) 515 (735)
Total other comprehensive income (loss) 893 295 (1,524) 2,171
Comprehensive income (loss) 2,881 990 2,749 4,045
Comprehensive (income) loss attributable to noncontrolling interests (6) (6) (11) (14)
Comprehensive income (loss) attributable to U.S. Bancorp $ 2,875 $ 984 $ 2,738 $ 4,031