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Consolidated Statement of Comprehensive Income - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Statement of Comprehensive Income [Abstract]        
Net income $ 1,524 $ 1,816 $ 4,597 $ 4,908
Other Comprehensive Income (Loss)        
Changes in unrealized gains (losses) on investment securities available-for-sale (1,881) (2,810) (1,036) (14,325)
Changes in unrealized gains (losses) on derivative hedges (349) (232) (610) (134)
Foreign currency translation 3 (8) [1] 21 (11) [1]
Changes in unrealized gains (losses) on retirement plans (1)      
Reclassification to earnings of realized (gains) losses 170 186 475 337
Income taxes related to other comprehensive income (loss) 521 725 302 3,576
Total other comprehensive income (loss) (1,537) (2,139) (848) (10,557)
Comprehensive income (loss) (13) (323) 3,749 (5,649)
Comprehensive (income) loss attributable to noncontrolling interests (1) (4) (15) (8)
Comprehensive income (loss) attributable to U.S. Bancorp $ (14) $ (327) $ 3,734 $ (5,657)
[1] Represents the impact of changes in foreign currency exchange rates on the Company’s investment in foreign operations and related hedges.