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U.S. Bancorp (Parent Company) - Condensed Statement of Cash Flows (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Operating Activities      
Net income attributable to U.S. Bancorp $ 5,429 $ 5,825 $ 7,963
Adjustments to reconcile net income to net cash provided by operating activities      
Other, net (151) 6,790 2,428
Net cash provided by operating activities 8,447 21,119 9,870
Investing Activities      
Other, net (1,184) (5,392) 664
Net cash provided by (used in) investing activities 18,925 7,500 (57,487)
Financing Activities      
Proceeds from issuance of long-term debt 15,583 8,732 2,626
Principal payments or redemption of long-term debt (4,084) (6,926) (11,432)
Proceeds from issuance of preferred stock 0 437 2,221
Proceeds from issuance of common stock 951 21 43
Repurchase of preferred stock 0 (1,100) (1,250)
Repurchase of common stock (62) (69) (1,555)
Cash dividends paid on preferred stock (341) (299) (308)
Cash dividends paid on common stock (2,970) (2,776) (2,579)
Net cash (used in) provided by financing activities (19,722) (3,982) 13,942
Change in cash and due from banks 7,650 24,637 (33,675)
Cash and due from banks at beginning of period 53,542    
Cash and due from banks at end of period 61,192 53,542  
Parent Company      
Operating Activities      
Net income attributable to U.S. Bancorp 5,429 5,825 7,963
Adjustments to reconcile net income to net cash provided by operating activities      
Equity in undistributed income of subsidiaries (1,195) (1,349) (1,252)
Other, net 83 (398) (85)
Net cash provided by operating activities 4,317 4,078 6,626
Investing Activities      
Proceeds from sales and maturities of investment securities 25 423 200
Investments in subsidiaries 0 (5,030) 0
Net (increase) decrease in short-term advances to subsidiaries (9) 557 411
Long-term advances to subsidiaries (7,500) (2,000) (7,000)
Principal collected on long-term advances to subsidiaries 4,500 2,500 1,250
Cash paid for acquisition 0 (5,500) 0
Other, net 172 (173) (269)
Net cash provided by (used in) investing activities (2,812) (9,223) (5,408)
Financing Activities      
Proceeds from issuance of long-term debt 8,150 8,150 1,300
Principal payments or redemption of long-term debt (936) (2,300) (3,000)
Proceeds from issuance of preferred stock 0 437 2,221
Proceeds from issuance of common stock 951 21 43
Repurchase of preferred stock 0 (1,100) (1,250)
Repurchase of common stock (62) (69) (1,555)
Cash dividends paid on preferred stock (341) (299) (308)
Cash dividends paid on common stock (2,970) (2,776) (2,579)
Net cash (used in) provided by financing activities 4,792 2,064 (5,128)
Change in cash and due from banks 6,297 (3,081) (3,910)
Cash and due from banks at beginning of period 5,288 8,369 12,279
Cash and due from banks at end of period $ 11,585 $ 5,288 $ 8,369