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Consolidated Balance Sheet - USD ($)
$ in Millions
Sep. 30, 2025
Dec. 31, 2024
Assets    
Cash and due from banks $ 66,637 $ 56,502
Investment securities    
Held-to-maturity (fair value $67,346 and $66,275, respectively) [1] 76,931 78,634
Available-for-sale ($326 and $320 pledged as collateral, respectively) [1] 89,065 85,992
Loans held for sale (including $2,288 and $2,251 of mortgage loans carried at fair value, respectively) 2,490 2,573
Loans    
Total loans 382,517 379,832
Less allowance for loan losses (7,557) (7,583)
Net loans 374,960 372,249
Premises and equipment 3,695 3,565
Goodwill 12,634 12,536
Other intangible assets 5,152 5,547
Other assets (including $0 and $7,501 of trading securities at fair value pledged as collateral, respectively) [1] 63,793 60,720
Total assets 695,357 678,318
Deposits    
Noninterest-bearing 91,550 84,158
Interest-bearing (including $4,924 and $5,754 of time deposits carried at fair value, respectively) 434,599 434,151
Total deposits 526,149 518,309
Short-term borrowings 15,449 15,518
Long-term debt (including $1,408 and $391 of long-term debt carried at fair value, respectively) 62,535 58,002
Other liabilities 27,426 27,449
Total liabilities 631,559 619,278
Shareholders’ equity    
Preferred stock 6,808 6,808
Common stock, $.01 par value per share, authorized: 4,000,000,000 shares; issued: 9/30/25 and 12/31/24—2,125,725,742 shares 21 21
Capital surplus 8,745 8,715
Retained earnings 79,742 76,863
Less cost of common stock in treasury: 9/30/25—569,369,470 shares; 12/31/24—565,929,654 shares (24,228) (24,065)
Accumulated other comprehensive income (loss) (7,748) (9,764)
Total U.S. Bancorp shareholders’ equity 63,340 58,578
Noncontrolling interests 458 462
Total equity 63,798 59,040
Total liabilities and equity 695,357 678,318
Commercial | Commercial    
Loans    
Total loans 148,414 139,484
Commercial | Commercial real estate    
Loans    
Total loans 48,244 48,859
Consumer | Residential mortgages    
Loans    
Total loans 115,046 118,813
Consumer | Credit card    
Loans    
Total loans 30,594 30,350
Consumer | Other retail    
Loans    
Total loans $ 40,219 $ 42,326
[1] Includes only collateral pledged by the Company where counterparties have the right to sell or pledge the collateral.