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Consolidated Statement of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Operating Activities    
Net income attributable to U.S. Bancorp $ 3,524 $ 2,922
Adjustments to reconcile net income to net cash provided by operating activities    
Provision for credit losses 1,038 1,121
Depreciation and amortization of premises and equipment 185 182
Amortization of intangibles 247 288
(Gain) loss on sales of loans held for sale (108) (71)
(Gain) loss on sales of securities and other assets 15 15
Loans originated for sale, net of repayments (9,847) (10,725)
Proceeds from sales of loans held for sale 9,839 10,069
Other, net (3,147) 1,734
Net cash provided by operating activities 1,746 5,535
Investing Activities    
Proceeds from sales of available-for-sale investment securities 3,525 648
Proceeds from maturities of held-to-maturity investment securities 3,652 2,973
Proceeds from maturities of available-for-sale investment securities 2,860 2,949
Purchases of held-to-maturity investment securities (2,620) (156)
Purchases of available-for-sale investment securities (9,478) (14,085)
Net increase in loans outstanding (7,168) (3,063)
Proceeds from sales of loans 6,518 248
Purchases of loans (696) (567)
Net decrease (increase) in securities purchased under agreements to resell 922 (1,842)
Other, net (1,433) (386)
Net cash used in investing activities (3,918) (13,281)
Financing Activities    
Net increase in deposits 409 11,473
Net (decrease) increase in short-term borrowings (479) 1,278
Proceeds from issuance of long-term debt 9,327 4,947
Principal payments or redemption of long-term debt (3,750) (3,552)
Proceeds from issuance of common stock 22 14
Repurchase of common stock (266) (50)
Cash dividends paid on preferred stock (168) (178)
Cash dividends paid on common stock (1,571) (1,539)
Other, net (47) (7)
Net cash provided by financing activities 3,477 12,386
Change in cash and due from banks 1,305 4,640
Cash and due from banks at beginning of period 56,502 61,192
Cash and due from banks at end of period $ 57,807 $ 65,832