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Consolidated Statement of Comprehensive Income - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Statement of Comprehensive Income [Abstract]        
Net income $ 1,611 $ 1,369 $ 2,937 $ 3,073
Other Comprehensive Income (Loss)        
Changes in unrealized gains (losses) on investment securities available-for-sale (78) (460) (249) 845
Changes in unrealized gains (losses) on derivative hedges (109) (465) (452) (261)
Foreign currency translation (2) 19 4 18
Changes in unrealized gains (losses) on retirement plans 0 0 0 1
Reclassification to earnings of realized (gains) losses 247 147 408 305
Income taxes related to other comprehensive income (loss) (13) 194 77 (219)
Total other comprehensive income (loss) 45 (565) (212) 689
Comprehensive income (loss) 1,656 804 2,725 3,762
Comprehensive (income) loss attributable to noncontrolling interests (8) (8) (15) (14)
Comprehensive income (loss) attributable to U.S. Bancorp $ 1,648 $ 796 $ 2,710 $ 3,748