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Consolidated Statement of Shareholders' Equity - USD ($)
shares in Millions, $ in Millions
Total
Total U.S. Bancorp Shareholders’ Equity
Common Stock
Preferred Stock
Capital Surplus
Retained Earnings
Treasury Stock
Accumulated Other Comprehensive Income (Loss)
Noncontrolling Interests
Beginning Balance (in shares) at Dec. 31, 2023     1,558            
Beginning Balance at Dec. 31, 2023 $ 55,771 $ 55,306 $ 21 $ 6,808 $ 8,673 $ 74,026 $ (24,126) $ (10,096) $ 465
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income (loss) 4,659 4,636       4,636     23
Other comprehensive income (loss) 1,350 1,350           1,350  
Preferred stock dividends [1] (280) (280)       (280)      
Common stock dividends (2,325) (2,325)       (2,325)      
Issuance of common and treasury stock (in shares)     4            
Issuance of common and treasury stock 24 24     (143)   167    
Purchase of treasury stock (in shares)     (1)            
Purchase of treasury stock (51) (51)         (51)    
Distributions to noncontrolling interests (23)               (23)
Net other changes in noncontrolling interests (3)               (3)
Stock option and restricted stock grants 199 199     199        
Ending Balance (in shares) at Sep. 30, 2024     1,561            
Ending Balance at Sep. 30, 2024 59,321 58,859 $ 21 6,808 8,729 76,057 (24,010) (8,746) 462
Beginning Balance (in shares) at Jun. 30, 2024     1,560            
Beginning Balance at Jun. 30, 2024 56,885 56,420 $ 21 6,808 8,688 75,231 (24,020) (10,308) 465
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income (loss) 1,722 1,714       1,714     8
Other comprehensive income (loss) 1,562 1,562           1,562  
Preferred stock dividends [2] (103) (103)       (103)      
Common stock dividends (785) (785)       (785)      
Issuance of common and treasury stock (in shares)     1            
Issuance of common and treasury stock 10 10     (1)   11    
Purchase of treasury stock (1) (1)         (1)    
Distributions to noncontrolling interests (8)               (8)
Net other changes in noncontrolling interests (3)               (3)
Stock option and restricted stock grants 42 42     42        
Ending Balance (in shares) at Sep. 30, 2024     1,561            
Ending Balance at Sep. 30, 2024 59,321 58,859 $ 21 6,808 8,729 76,057 (24,010) (8,746) 462
Beginning Balance (in shares) at Dec. 31, 2024     1,560            
Beginning Balance at Dec. 31, 2024 59,040 58,578 $ 21 6,808 8,715 76,863 (24,065) (9,764) 462
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income (loss) 5,545 5,525       5,525     20
Other comprehensive income (loss) 2,016 2,016           2,016  
Preferred stock dividends [3] (262) (262)       (262)      
Common stock dividends (2,384) (2,384)       (2,384)      
Issuance of common and treasury stock (in shares)     4            
Issuance of common and treasury stock 33 33     (171)   204    
Purchase of treasury stock (in shares)     (8)            
Purchase of treasury stock (367) (367)         (367)    
Distributions to noncontrolling interests (20)               (20)
Net other changes in noncontrolling interests (4)               (4)
Stock option and restricted stock grants 201 201     201        
Ending Balance (in shares) at Sep. 30, 2025     1,556            
Ending Balance at Sep. 30, 2025 63,798 63,340 $ 21 6,808 8,745 79,742 (24,228) (7,748) 458
Beginning Balance (in shares) at Jun. 30, 2025     1,558            
Beginning Balance at Jun. 30, 2025 61,896 61,438 $ 21 6,808 8,706 78,652 (24,140) (8,609) 458
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income (loss) 2,008 2,001       2,001     7
Other comprehensive income (loss) 861 861           861  
Preferred stock dividends [4] (97) (97)       (97)      
Common stock dividends (814) (814)       (814)      
Issuance of common and treasury stock 10 10     (3)   13    
Purchase of treasury stock (in shares)     (2)            
Purchase of treasury stock (101) (101)         (101)    
Distributions to noncontrolling interests (7)               (7)
Stock option and restricted stock grants 42 42     42        
Ending Balance (in shares) at Sep. 30, 2025     1,556            
Ending Balance at Sep. 30, 2025 $ 63,798 $ 63,340 $ 21 $ 6,808 $ 8,745 $ 79,742 $ (24,228) $ (7,748) $ 458
[1] Reflects dividends declared per share on the Company’s Series A, Series B, Series J, Series K, Series L, Series M, Series N and Series O Non-Cumulative Perpetual Preferred Stock of $5,020.442, $1,175.194, $1,325.00, $1,031.25, $703.125, $750.00, $693.75 and $843.75, respectively.(d)Reflects dividends declared per share on the Company’s Series A, Series B, Series J, Series K, S
[2] Reflects dividends declared per share on the Company’s Series A, Series B, Series J, Series K, Series L, Series M, Series N and Series O Non-Cumulative Perpetual Preferred Stock of $1,682.317, $393.746, $662.50, $343.75, $234.375, $250.00, $231.25 and $281.25, respectively.
[3] Reflects dividends declared per share on the Company’s Series A, Series B, Series J, Series K, Series L, Series M, Series N and Series O Non-Cumulative Perpetual Preferred Stock of $4,226.604, $977.026, $1,325.00, $1,031.25, $703.125, $750.00, $693.75 and $843.75, respectively.
[4] Reflects dividends declared per share on the Company’s Series A, Series B, Series J, Series K, Series L, Series M, Series N and Series O Non-Cumulative Perpetual Preferred Stock of $1,430.896, $330.891, $662.50, $343.75, $234.375, $250.00, $231.25 and $281.25, respectively.