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Consolidated Statement of Comprehensive Income - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Statement of Comprehensive Income [Abstract]        
Net income $ 2,034 $ 1,586 $ 6,307 $ 3,460
Other Comprehensive Income (Loss)        
Changes in unrealized gains and losses on investment securities available-for-sale (825) (305) (3,008) 2,935
Changes in unrealized gains and losses on derivative hedges 8 27 121 (230)
Foreign currency translation (1) 6 23 (6)
Reclassification to earnings of realized gains and losses 27 23 34 (42)
Income taxes related to other comprehensive income (loss) 201 63 716 (672)
Total other comprehensive income (loss) (590) (186) (2,114) 1,985
Comprehensive income (loss) 1,444 1,400 4,193 5,445
Comprehensive (income) loss attributable to noncontrolling interests (6) (6) (17) (20)
Comprehensive income (loss) attributable to U.S. Bancorp $ 1,438 $ 1,394 $ 4,176 $ 5,425