XML 119 R106.htm IDEA: XBRL DOCUMENT v3.22.2.2
Business Segments - Business Segment Results (Detail) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Segment Reporting Information [Line Items]        
Noninterest income $ 2,469 $ 2,693 $ 7,413 $ 7,693
Provision for credit losses 362 (163) 785 (1,160)
Net income 1,816 2,034 4,908 6,307
Net (income) loss attributable to noncontrolling interests (4) (6) (8) (17)
Net income attributable to U.S. Bancorp 1,812 2,028 4,900 6,290
Corporate and Commercial Banking [Member]        
Segment Reporting Information [Line Items]        
Net interest income (taxable-equivalent basis) 934 701 2,475 2,158
Noninterest income 256 254 774 788
Total income 1,190 955 3,249 2,946
Noninterest expense 452 435 1,352 1,305
Income (loss) before provision and income taxes 738 520 1,897 1,641
Provision for credit losses 68 12 172 (32)
Income (loss) before income taxes 670 508 1,725 1,673
Income taxes and taxable-equivalent adjustment 168 127 432 419
Net income 502 381 1,293 1,254
Net (income) loss attributable to noncontrolling interests 0 0 0 0
Net income attributable to U.S. Bancorp 502 381 1,293 1,254
Loans 131,614 102,800 123,644 102,427
Other earning assets 4,506 4,722 4,447 4,485
Goodwill 1,912 1,650 1,912 1,648
Other intangible assets 3 5 4 5
Assets 147,671 115,033 137,874 114,525
Noninterest-bearing deposits 53,388 63,565 58,517 60,648
Interest-bearing deposits 100,433 69,304 93,762 70,406
Total deposits 153,821 132,869 152,279 131,054
Total U.S. Bancorp shareholders' equity 14,609 13,766 14,114 13,984
Consumer and Business Banking [Member]        
Segment Reporting Information [Line Items]        
Net interest income (taxable-equivalent basis) 1,726 1,558 4,835 4,580
Noninterest income 336 714 1,191 1,915
Total income 2,062 2,272 6,026 6,495
Noninterest expense 1,399 1,412 4,215 4,129
Income (loss) before provision and income taxes 663 860 1,811 2,366
Provision for credit losses 40 (27) 12 (136)
Income (loss) before income taxes 623 887 1,799 2,502
Income taxes and taxable-equivalent adjustment 156 222 450 626
Net income 467 665 1,349 1,876
Net (income) loss attributable to noncontrolling interests 0 0 0 0
Net income attributable to U.S. Bancorp 467 665 1,349 1,876
Loans 142,986 140,468 141,637 140,914
Other earning assets 3,043 7,645 3,330 8,606
Goodwill 3,241 3,506 3,248 3,487
Other intangible assets 3,726 2,755 3,514 2,693
Assets 158,439 160,515 157,311 162,013
Noninterest-bearing deposits 31,083 33,401 30,990 32,857
Interest-bearing deposits 166,196 159,475 166,806 156,052
Total deposits 197,279 192,876 197,796 188,909
Total U.S. Bancorp shareholders' equity 12,466 12,247 12,361 12,352
Wealth Management and Investment Services [Member]        
Segment Reporting Information [Line Items]        
Net interest income (taxable-equivalent basis) 477 236 1,107 752
Noninterest income 652 558 1,900 1,639
Total income 1,129 794 3,007 2,391
Noninterest expense 592 520 1,768 1,539
Income (loss) before provision and income taxes 537 274 1,239 852
Provision for credit losses 3 2 7 2
Income (loss) before income taxes 534 272 1,232 850
Income taxes and taxable-equivalent adjustment 134 68 309 213
Net income 400 204 923 637
Net (income) loss attributable to noncontrolling interests 0 0 0 0
Net income attributable to U.S. Bancorp 400 204 923 637
Loans 22,871 18,452 21,972 17,582
Other earning assets 249 225 253 247
Goodwill 1,700 1,618 1,726 1,618
Other intangible assets 311 80 292 69
Assets 26,439 21,633 25,563 20,743
Noninterest-bearing deposits 23,852 24,542 25,437 23,096
Interest-bearing deposits 73,229 72,255 71,852 76,464
Total deposits 97,081 96,797 97,289 99,560
Total U.S. Bancorp shareholders' equity 3,726 3,171 3,647 3,099
Payments Services [Member]        
Segment Reporting Information [Line Items]        
Net interest income (taxable-equivalent basis) 627 616 1,868 1,840
Noninterest income 995 946 2,847 2,644
Total income 1,622 1,562 4,715 4,484
Noninterest expense 897 862 2,626 2,488
Income (loss) before provision and income taxes 725 700 2,089 1,996
Provision for credit losses 285 166 636 216
Income (loss) before income taxes 440 534 1,453 1,780
Income taxes and taxable-equivalent adjustment 110 134 364 446
Net income 330 400 1,089 1,334
Net (income) loss attributable to noncontrolling interests 0 0 0 0
Net income attributable to U.S. Bancorp 330 400 1,089 1,334
Loans 35,819 31,378 33,820 30,353
Other earning assets 392 5 810 5
Goodwill 3,292 3,168 3,312 3,172
Other intangible assets 405 495 435 518
Assets 42,090 37,170 40,573 35,966
Noninterest-bearing deposits 3,312 4,913 3,459 5,068
Interest-bearing deposits 171 150 166 141
Total deposits 3,483 5,063 3,625 5,209
Total U.S. Bancorp shareholders' equity 8,257 7,561 8,131 7,543
Treasury and Corporate Support [Member]        
Segment Reporting Information [Line Items]        
Net interest income (taxable-equivalent basis) 93 86 236 120
Noninterest income 230 221 701 707
Total income 323 307 937 827
Noninterest expense 297 200 902 734
Income (loss) before provision and income taxes 26 107 35 93
Provision for credit losses (34) (316) (42) (1,210)
Income (loss) before income taxes 60 423 77 1,303
Income taxes and taxable-equivalent adjustment (57) 39 (177) 97
Net income 117 384 254 1,206
Net (income) loss attributable to noncontrolling interests (4) (6) (8) (17)
Net income attributable to U.S. Bancorp 113 378 246 1,189
Loans 3,488 3,641 3,658 3,738
Other earning assets 196,698 193,989 202,560 192,259
Goodwill 0 0 0 0
Other intangible assets 0 0 0 0
Assets 214,125 219,095 220,746 217,952
Noninterest-bearing deposits 2,409 2,597 2,490 2,593
Interest-bearing deposits 2,696 1,285 2,350 1,714
Total deposits 5,105 3,882 4,840 4,307
Total U.S. Bancorp shareholders' equity 10,762 17,528 12,551 16,349
Consolidated Company [Member]        
Segment Reporting Information [Line Items]        
Net interest income (taxable-equivalent basis) 3,857 3,197 10,521 9,450
Noninterest income 2,469 2,693 7,413 7,693
Total income 6,326 5,890 17,934 17,143
Noninterest expense 3,637 3,429 10,863 10,195
Income (loss) before provision and income taxes 2,689 2,461 7,071 6,948
Provision for credit losses 362 (163) 785 (1,160)
Income (loss) before income taxes 2,327 2,624 6,286 8,108
Income taxes and taxable-equivalent adjustment 511 590 1,378 1,801
Net income 1,816 2,034 4,908 6,307
Net (income) loss attributable to noncontrolling interests (4) (6) (8) (17)
Net income attributable to U.S. Bancorp 1,812 2,028 4,900 6,290
Loans 336,778 296,739 324,731 295,014
Other earning assets 204,888 206,586 211,400 205,602
Goodwill 10,145 9,942 10,198 9,925
Other intangible assets 4,445 3,335 4,245 3,285
Assets 588,764 553,446 582,067 551,199
Noninterest-bearing deposits 114,044 129,018 120,893 124,262
Interest-bearing deposits 342,725 302,469 334,936 304,777
Total deposits 456,769 431,487 455,829 429,039
Total U.S. Bancorp shareholders' equity $ 49,820 $ 54,273 $ 50,804 $ 53,327