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Earnings Per Share - Components of Earnings Per Share (Detail) - USD ($)
$ / shares in Units, shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Earnings Per Share [Abstract]        
Net income attributable to U.S. Bancorp $ 1,523 $ 1,812 $ 4,582 $ 4,900
Preferred dividends (102) (85) (273) (228)
Earnings allocated to participating stock awards (9) (9) (24) (24)
Net income applicable to U.S. Bancorp common shareholders $ 1,412 $ 1,718 $ 4,285 $ 4,648
Average common shares outstanding 1,548 1,486 1,538 1,485
Net effect of the exercise and assumed purchase of stock awards 1     1
Average diluted common shares outstanding 1,549 1,486 1,538 1,486
Earnings per common share $ 0.91 $ 1.16 $ 2.79 $ 3.13
Diluted earnings per common share $ 0.91 $ 1.16 $ 2.79 $ 3.13