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U.S. Bancorp (Parent Company) - Condensed Statement of Cash Flows (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Operating Activities      
Net income attributable to U.S. Bancorp $ 6,299 $ 5,429 $ 5,825
Adjustments to reconcile net income to net cash provided by operating activities      
Other, net 2,075 (151) 6,790
Net cash provided by operating activities 11,273 8,447 21,119
Investing Activities      
Other, net (1,835) (1,184) (5,392)
Net cash (used in) provided by investing activities (24,534) 18,925 7,500
Financing Activities      
Proceeds from issuance of long-term debt 12,017 15,583 8,732
Principal payments or redemption of long-term debt (6,042) (4,084) (6,926)
Proceeds from issuance of preferred stock 0 0 437
Proceeds from issuance of common stock 32 951 21
Repurchase of preferred stock 0 0 (1,100)
Repurchase of common stock (173) (62) (69)
Cash dividends paid on preferred stock (356) (341) (299)
Cash dividends paid on common stock (3,092) (2,970) (2,776)
Net cash provided by (used in) financing activities 8,571 (19,722) (3,982)
Change in cash and due from banks (4,690) 7,650 24,637
Cash and due from banks at beginning of period 61,192    
Cash and due from banks at end of period 56,502 61,192  
Parent Company      
Operating Activities      
Net income attributable to U.S. Bancorp 6,299 5,429 5,825
Adjustments to reconcile net income to net cash provided by operating activities      
Equity in undistributed income of subsidiaries (1,986) (1,195) (1,349)
Other, net 385 83 (398)
Net cash provided by operating activities 4,698 4,317 4,078
Investing Activities      
Proceeds from sales and maturities of investment securities 11 25 423
Investments in subsidiaries 0 0 (5,030)
Net (increase) decrease in short-term advances to subsidiaries (242) (9) 557
Long-term advances to subsidiaries (5,500) (7,500) (2,000)
Principal collected on long-term advances to subsidiaries 1,500 4,500 2,500
Cash paid for acquisition 0 0 (5,500)
Other, net 16 172 (173)
Net cash (used in) provided by investing activities (4,215) (2,812) (9,223)
Financing Activities      
Proceeds from issuance of long-term debt 6,516 8,150 8,150
Principal payments or redemption of long-term debt (5,618) (936) (2,300)
Proceeds from issuance of preferred stock 0 0 437
Proceeds from issuance of common stock 32 951 21
Repurchase of preferred stock 0 0 (1,100)
Repurchase of common stock (173) (62) (69)
Cash dividends paid on preferred stock (356) (341) (299)
Cash dividends paid on common stock (3,092) (2,970) (2,776)
Net cash provided by (used in) financing activities (2,691) 4,792 2,064
Change in cash and due from banks (2,208) 6,297 (3,081)
Cash and due from banks at beginning of period 11,585 5,288 8,369
Cash and due from banks at end of period $ 9,377 $ 11,585 $ 5,288