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Consolidated Balance Sheet - USD ($)
$ in Millions
Dec. 31, 2025
Dec. 31, 2024
Assets    
Cash and due from banks $ 46,890 $ 56,502
Investment securities    
Held-to-maturity (fair value $67,079 and $66,275, respectively) 76,170 78,634
Available-for-sale ($294 and $320 pledged as collateral, respectively) [1] 90,838 85,992
Loans held for sale (including $2,353 and $2,251 of mortgage loans carried at fair value, respectively) 2,538 2,573
Loans    
Total loans 391,335 379,832
Less allowance for loan losses (7,605) (7,583)
Net loans 383,730 372,249
Premises and equipment 3,768 3,565
Goodwill 12,635 12,536
Other intangible assets 4,904 5,547
Other assets (including $2,585 and $7,501 of trading securities at fair value pledged as collateral, respectively) [1] 70,872 60,720
Total assets 692,345 678,318
Deposits    
Noninterest-bearing 84,116 84,158
Interest-bearing (including $718 and $5,754 of time deposits carried at fair value, respectively) 438,100 434,151
Total deposits 522,216 518,309
Short-term borrowings 17,162 15,518
Long-term debt (including $1,414 and $391 of long-term debt carried at fair value, respectively) 60,764 58,002
Other liabilities 26,552 27,449
Total liabilities 626,694 619,278
Shareholders’ equity    
Preferred stock 6,808 6,808
Common stock, $.01 par value per share, authorized: 4,000,000,000 shares; issued: 2025 and 2024 —2,125,725,742 shares 21 21
Capital surplus 8,728 8,715
Retained earnings 80,906 76,863
Less cost of common stock in treasury: 2025 — 570,328,105 shares; 2024 — 565,929,654 shares (24,283) (24,065)
Accumulated other comprehensive income (loss) (6,987) (9,764)
Total U.S. Bancorp shareholders’ equity 65,193 58,578
Noncontrolling interests 458 462
Total equity 65,651 59,040
Total liabilities and equity 692,345 678,318
Commercial | Commercial    
Loans    
Total loans 153,958 139,484
Commercial | Commercial real estate    
Loans    
Total loans 48,920 48,859
Consumer | Residential mortgages    
Loans    
Total loans 115,885 118,813
Consumer | Credit card    
Loans    
Total loans 32,234 30,350
Consumer | Other retail    
Loans    
Total loans $ 40,338 $ 42,326
[1] Includes only collateral pledged by the Company where counterparties have the right to sell or pledge the collateral.