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Consolidated Statement of Comprehensive Income - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Statement of Comprehensive Income [Abstract]    
Net income $ 1,326 $ 1,704
Other Comprehensive Income (Loss)    
Changes in unrealized gains (losses) on investment securities available-for-sale (171) 1,305
Changes in unrealized gains (losses) on derivative hedges (343) 204
Foreign currency translation 6 (1)
Changes in unrealized gains (losses) on retirement plans 0 1
Reclassification to earnings of realized (gains) losses 161 158
Income taxes related to other comprehensive income (loss) 90 (413)
Total other comprehensive income (loss) (257) 1,254
Comprehensive income (loss) 1,069 2,958
Comprehensive (income) loss attributable to noncontrolling interests (7) (6)
Comprehensive income (loss) attributable to U.S. Bancorp $ 1,062 $ 2,952