XML 16 R2.htm IDEA: XBRL DOCUMENT v3.22.2
Consolidated Balance Sheet - USD ($)
$ in Millions
Jun. 30, 2022
Dec. 31, 2021
Assets    
Cash and due from banks $ 39,124 $ 28,905
Held-to-maturity (fair value $55,657 and $41,812, respectively) 61,503 [1] 41,858
Available-for-sale ($987 and $557 pledged as collateral, respectively) [2] 98,806 132,963
Loans held for sale (including $2,773 and $6,623 of mortgage loans carried at fair value, respectively) 3,943 7,775
Loans    
Total loans 332,369 312,028
Less allowance for loan losses (5,832) (5,724)
Net loans 326,537 306,304
Premises and equipment 3,177 3,305
Goodwill 10,157 10,262
Other intangible assets 4,487 3,738
Other assets (including $1,258 and $1,193 of trading securities at fair value pledged as collateral, respectively) [2] 43,647 38,174
Total assets 591,381 573,284
Deposits    
Noninterest-bearing 129,130 134,901
Interest-bearing 337,972 321,182
Total deposits 467,102 456,083
Short-term borrowings 24,963 11,796
Long-term debt 29,408 32,125
Other liabilities 20,839 17,893
Total liabilities 542,312 517,897
Shareholders' equity    
Preferred stock 6,808 6,371
Common stock, par value $0.01 a share—authorized: 4,000,000,000 shares; issued: 6/30/22 and 12/31/21—2,125,725,742 shares 21 21
Capital surplus 8,555 8,539
Retained earnings 70,772 69,201
Less cost of common stock in treasury: 6/30/22—639,959,317 shares; 12/31/21—642,223,571 shares (27,190) (27,271)
Accumulated other comprehensive income (loss) (10,361) (1,943)
Total U.S. Bancorp shareholders' equity 48,605 54,918
Noncontrolling interests 464 469
Total equity 49,069 55,387
Total liabilities and equity 591,381 573,284
Commercial    
Loans    
Total loans 125,983 112,023
Commercial real estate    
Loans    
Total loans 39,753 39,053
Residential mortgages    
Loans    
Total loans 82,114 76,493
Credit card    
Loans    
Total loans 23,697 22,500
Other retail    
Loans    
Total loans $ 60,822 $ 61,959
[1] The weighted-average maturity of total held-to-maturity investment securities was 7.4 years at December 31, 2021, with a corresponding weighted-average yield of 1.45 percent. The weighted-average maturity of total available-for-sale investment securities was 5.5 years at December 31, 2021, with a corresponding weighted-average yield of 1.73 percent.
[2] Includes only collateral pledged by the Company where counterparties have the right to sell or pledge the collateral.