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Consolidated Balance Sheet - USD ($)
$ in Millions
Dec. 31, 2021
Dec. 31, 2020
Assets    
Cash and due from banks $ 28,905 $ 62,580
Held-to-maturity (2021 fair value $41,812) [1] 41,858  
Available-for-sale ($557 and $402 pledged as collateral, respectively) [2] 132,963 [3] 136,840
Loans held for sale (including $6,623 and $8,524 of mortgage loans carried at fair value, respectively) 7,775 8,761
Loans    
Total loans 312,028 297,707
Less allowance for loan losses (5,724) (7,314)
Net loans 306,304 290,393
Premises and equipment 3,305 3,468
Goodwill 10,262 9,918
Other intangible assets 3,738 2,864
Other assets (including $1,193 and $1,255 of trading securities at fair value pledged as collateral, respectively) [2] 38,174 39,081
Total assets 573,284 553,905
Deposits    
Noninterest-bearing 134,901 118,089
Interest-bearing 321,182 311,681
Total deposits 456,083 429,770
Short-term borrowings 11,796 11,766
Long-term debt 32,125 41,297
Other liabilities 17,893 17,347
Total liabilities 517,897 500,180
Shareholders' equity    
Preferred stock 6,371 5,983
Common stock, par value $0.01 a share — authorized: 4,000,000,000 shares; issued: 2021 and 2020 — 2,125,725,742 shares 21 21
Capital surplus 8,539 8,511
Retained earnings 69,201 64,188
Less cost of common stock in treasury: 2021 — 642,223,571 shares; 2020 — 618,618,084 shares (27,271) (25,930)
Accumulated other comprehensive income (loss) (1,943) 322
Total U.S. Bancorp shareholders' equity 54,918 53,095
Noncontrolling interests 469 630
Total equity 55,387 53,725
Total liabilities and equity 573,284 553,905
Commercial    
Loans    
Total loans 112,023 102,871
Commercial real estate    
Loans    
Total loans 39,053 39,311
Residential mortgages    
Loans    
Total loans 76,493 76,155
Credit card    
Loans    
Total loans 22,500 22,346
Other retail    
Loans    
Total loans $ 61,959 $ 57,024
[1] Information related to asset and mortgage-backed securities included above is presented based upon weighted-average maturities that take into account anticipated future prepayments.
[2] Includes only collateral pledged by the Company where counterparties have the right to sell or pledge the collateral.
[3] 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.