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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   1,507,000,000              
Net income (loss) 4,273       4,262     4,262 11
Other comprehensive income (loss) (1,524)           (1,524) (1,524)  
Preferred stock dividends [1] (148)       (148)     (148)  
Common stock dividends (1,258)       (1,258)     (1,258)  
Issuance of preferred stock 730   730         730  
Redemption of preferred stock (750)   (745)   (5)     (750)  
Issuance of common and treasury stock 36     (126)   162   36  
Issuance of common and treasury stock, shares   4,000,000              
Purchase of treasury stock (1,537)         (1,537)   (1,537)  
Purchase of treasury stock, shares   (28,000,000)              
Distributions to noncontrolling interests (11)               (11)
Net other changes in noncontrolling interests 5               5
Stock option and restricted stock grants 133     133       133  
Shares, Ending Balance at Jun. 30, 2021   1,483,000,000              
Ending Balance at Jun. 30, 2021 53,674 $ 21 5,968 8,518 67,039 (27,305) (1,202) 53,039 635
Beginning Balance at Mar. 31, 2021 52,308 $ 21 5,968 8,487 65,740 (26,443) (2,095) 51,678 630
Shares, Beginning Balance at Mar. 31, 2021   1,497,000,000              
Net income (loss) 1,988       1,982     1,982 6
Other comprehensive income (loss) 893           893 893  
Preferred stock dividends [2] (58)       (58)     (58)  
Common stock dividends (625)       (625)     (625)  
Issuance of common and treasury stock 18     (7)   25   18  
Issuance of common and treasury stock, shares   1,000,000              
Purchase of treasury stock (887)         (887)   (887)  
Purchase of treasury stock, shares   (15,000,000)              
Distributions to noncontrolling interests (6)               (6)
Net other changes in noncontrolling interests 5               5
Stock option and restricted stock grants 38     38       38  
Shares, Ending Balance at Jun. 30, 2021   1,483,000,000              
Ending Balance at Jun. 30, 2021 53,674 $ 21 5,968 8,518 67,039 (27,305) (1,202) 53,039 635
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   1,484,000,000              
Net income (loss) 3,092       3,088     3,088 4
Other comprehensive income (loss) (8,418)           (8,418) (8,418)  
Preferred stock dividends [3] (143)       (143)     (143)  
Common stock dividends (1,374)       (1,374)     (1,374)  
Issuance of preferred stock 437   437         437  
Issuance of common and treasury stock 17     (119)   136   17  
Issuance of common and treasury stock, shares   3,000,000              
Purchase of treasury stock (55)         (55)   (55)  
Purchase of treasury stock, shares   (1,000,000)              
Distributions to noncontrolling interests (4)               (4)
Net other changes in noncontrolling interests (5)               (5)
Stock option and restricted stock grants 135     135       135  
Shares, Ending Balance at Jun. 30, 2022   1,486,000,000              
Ending Balance at Jun. 30, 2022 49,069 $ 21 6,808 8,555 70,772 (27,190) (10,361) 48,605 464
Beginning Balance at Mar. 31, 2022 51,668 $ 21 6,808 8,515 69,987 (27,193) (6,938) 51,200 468
Shares, Beginning Balance at Mar. 31, 2022   1,486,000,000              
Net income (loss) 1,534       1,531     1,531 3
Other comprehensive income (loss) (3,423)           (3,423) (3,423)  
Preferred stock dividends [4] (59)       (59)     (59)  
Common stock dividends (687)       (687)     (687)  
Issuance of common and treasury stock 1     (3)   4   1  
Purchase of treasury stock (1)         (1)   (1)  
Distributions to noncontrolling interests (2)               (2)
Net other changes in noncontrolling interests (5)               (5)
Stock option and restricted stock grants 43     43       43  
Shares, Ending Balance at Jun. 30, 2022   1,486,000,000              
Ending Balance at Jun. 30, 2022 $ 49,069 $ 21 $ 6,808 $ 8,555 $ 70,772 $ (27,190) $ (10,361) $ 48,605 $ 464
[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 $1,759.722, $439.931, $812.50, $232.953, $662.50, $687.50, $468.75 and $452.778 respectively.
[2] Reflects dividends declared per share on the Company’s Series A, Series B, Series F, Series K, Series L and Series M Non-Cumulative Perpetual Preferred Stock of $884.722, $221.181, $406.25, $343.75, $234.375 and $250.00 respectively.
[3] 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 $1,759.722, $439.931, $662.50, $687.50, $468.75, $500.00, $462.50 and $487.50 respectively.
[4] Reflects dividends declared per share on the Company’s Series A, Series B, Series K, Series L, Series M, Series N and Series O Non-Cumulative Perpetual Preferred Stock of $884.722, $221.181, $343.75, $234.375, $250.00, $231.25 and $281.25 respectively.