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Consolidated Statement of Shareholders' Equity - USD ($)
$ in Millions
Total
Common Stock [Member]
Preferred Stock [Member]
Capital Surplus [Member]
Retained Earnings [Member]
Treasury Stock [Member]
Accumulated Other Comprehensive Income (Loss) [Member]
Total U.S. Bancorp Shareholders' Equity [Member]
Noncontrolling Interests [Member]
Beginning Balance at Dec. 31, 2020 $ 53,725 $ 21 $ 5,983 $ 8,511 $ 64,188 $ (25,930) $ 322 $ 53,095 $ 630
Shares, Beginning Balance at Dec. 31, 2020   1,507              
Net income (loss) 2,285       2,280     2,280 5
Other comprehensive income (loss) (2,417)           (2,417) (2,417)  
Preferred stock dividends [1] (90)       (90)     (90)  
Common stock dividends (633)       (633)     (633)  
Issuance of preferred stock 730   730         730  
Call and redemption of preferred stock (750)   (745)   (5)     (750)  
Issuance of common and treasury stock 18     (119)   137   18  
Issuance of common and treasury stock, shares   3              
Purchase of treasury stock (650)         (650)   (650)  
Purchase of treasury stock, shares   (13)              
Distributions to noncontrolling interests (5)               (5)
Stock option and restricted stock grants 95     95       95  
Shares, Ending Balance at Mar. 31, 2021   1,497              
Ending Balance at Mar. 31, 2021 52,308 $ 21 5,968 8,487 65,740 (26,443) (2,095) 51,678 630
Beginning Balance at Dec. 31, 2021 55,387 $ 21 6,371 8,539 69,201 (27,271) (1,943) 54,918 469
Shares, Beginning Balance at Dec. 31, 2021   1,484              
Net income (loss) 1,558       1,557     1,557 1
Other comprehensive income (loss) (4,995)           (4,995) (4,995)  
Preferred stock dividends [2] (84)       (84)     (84)  
Common stock dividends (687)       (687)     (687)  
Issuance of preferred stock 437   437         437  
Issuance of common and treasury stock 16     (116)   132   16  
Issuance of common and treasury stock, shares   3              
Purchase of treasury stock (54)         (54)   (54)  
Purchase of treasury stock, shares   (1)              
Distributions to noncontrolling interests (2)               (2)
Stock option and restricted stock grants 92     92       92  
Shares, Ending Balance at Mar. 31, 2022   1,486              
Ending Balance at Mar. 31, 2022 $ 51,668 $ 21 $ 6,808 $ 8,515 $ 69,987 $ (27,193) $ (6,938) $ 51,200 $ 468
[1] Reflects dividends declared per share on the Company’s Series A, Series B, Series F, Series I, Series J, Series K, Series L and Series M Non-Cumulative Perpetual Preferred Stock of $875.00, $218.75, $406.25, $232.953, $662.50, $343.75, $234.375, and $202.778 respectively.
[2] Reflects dividends declared per share on the Company’s Series A, Series B, Series J, Series K, Series L, Series M, Series N and Series O Non-Cumulative Perpetual Preferred Stock of $875.00, $218.75, $662.50, $343.75, $234.375, $250.00, $231.25 and $206.25 respectively.