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Consolidated Statement of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Operating Activities    
Net income attributable to U.S. Bancorp $ 5,525 $ 4,636
Adjustments to reconcile net income to net cash provided by operating activities    
Provision for credit losses 1,609 1,678
Depreciation and amortization of premises and equipment 276 271
Amortization of intangibles 372 430
(Gain) loss on sales of loans held for sale (186) (32)
(Gain) loss on sales of securities and other assets 14 138
Loans originated for sale, net of repayments (15,532) (17,898)
Proceeds from sales of loans held for sale 15,523 16,756
Other, net (2,467) 528
Net cash provided by operating activities 5,134 6,507
Investing Activities    
Proceeds from sales of available-for-sale investment securities 5,608 9,867
Proceeds from maturities of held-to-maturity investment securities 5,323 4,651
Proceeds from maturities of available-for-sale investment securities 4,440 4,537
Purchases of held-to-maturity investment securities (3,211) (226)
Purchases of available-for-sale investment securities (10,690) (23,185)
Net increase in loans outstanding (9,676) (1,535)
Proceeds from sales of loans 6,641 338
Purchases of loans (1,175) (795)
Net decrease (increase) in securities purchased under agreements to resell 1,041 (3,914)
Net cash paid for acquisitions (35) (103)
Other, net (1,954) (1,294)
Net cash used in investing activities (3,688) (11,659)
Financing Activities    
Net increase in deposits 7,834 8,819
Net (decrease) increase in short-term borrowings (69) 8,429
Proceeds from issuance of long-term debt 10,291 8,810
Principal payments or redemption of long-term debt (6,372) (5,916)
Proceeds from issuance of common stock 32 22
Repurchase of common stock (367) (51)
Cash dividends paid on preferred stock (237) (254)
Cash dividends paid on common stock (2,355) (2,307)
Other, net (68) (30)
Net cash provided by financing activities 8,689 17,522
Change in cash and due from banks 10,135 12,370
Cash and due from banks at beginning of period 56,502 61,192
Cash and due from banks at end of period $ 66,637 $ 73,562