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Consolidated Statement of Shareholders' Equity - USD ($)
shares in Millions, $ in Millions
Total
Change in accounting principle
[3]
Total U.S. Bancorp Shareholders’ Equity
Total U.S. Bancorp Shareholders’ Equity
Change in accounting principle
[3]
Common Stock
Preferred Stock
Capital Surplus
Retained Earnings
Retained Earnings
Change in accounting principle
[3]
Treasury Stock
Accumulated Other Comprehensive Income (Loss)
Noncontrolling Interests
Beginning Balance (in shares) at Dec. 31, 2022         1,531              
Beginning Balance at Dec. 31, 2022 $ 51,232   $ 50,766   $ 21 $ 6,808 $ 8,712 $ 71,901   $ (25,269) $ (11,407) $ 466
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Net income (loss) 5,458   5,429         5,429       29
Other comprehensive income (loss) 1,311   1,311               1,311  
Preferred stock dividends [1] (350)   (350)         (350)        
Common stock dividends (3,000)   (3,000)         (3,000)        
Issuance of common and treasury stock (in shares)         28              
Issuance of common and treasury stock $ 941   941       (264)     1,205    
Purchase of treasury stock (in shares) (1)       (1)              
Purchase of treasury stock $ (62)   (62)             (62)    
Distributions to noncontrolling interests (29)                     (29)
Net other changes in noncontrolling interests (1)                     (1)
Stock option and restricted stock grants 225   225       225          
Ending Balance (in shares) at Dec. 31, 2023         1,558              
Ending 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]                        
Accounting Standards Update [Extensible Enumeration] Accounting Standards Update 2022-02 [Member]                      
Net income (loss) $ 6,329   6,299         6,299       30
Other comprehensive income (loss) 332   332               332  
Preferred stock dividends [2] (352)   (352)         (352)        
Common stock dividends (3,110)   (3,110)         (3,110)        
Issuance of common and treasury stock (in shares)         6              
Issuance of common and treasury stock $ 35   35       (199)     234    
Purchase of treasury stock (in shares) (4)       (4)              
Purchase of treasury stock $ (173)   (173)             (173)    
Distributions to noncontrolling interests (30)                     (30)
Net other changes in noncontrolling interests (3)                     (3)
Stock option and restricted stock grants 241   241       241          
Ending Balance (in shares) at Dec. 31, 2024         1,560              
Ending Balance at Dec. 31, 2024 59,040 $ 46 58,578 $ 46 $ 21 6,808 8,715 76,863 $ 46 (24,065) (9,764) 462
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Net income (loss) 7,596   7,570         7,570       26
Other comprehensive income (loss) 2,777   2,777               2,777  
Preferred stock dividends [4] (329)   (329)         (329)        
Common stock dividends (3,198)   (3,198)         (3,198)        
Issuance of common and treasury stock (in shares)         6              
Issuance of common and treasury stock $ 46   46       (226)     272    
Purchase of treasury stock (in shares) (11)       (11)              
Purchase of treasury stock $ (490)   (490)             (490)    
Distributions to noncontrolling interests (26)                     (26)
Net other changes in noncontrolling interests (4)                     (4)
Stock option and restricted stock grants $ 239   239       239          
Ending Balance (in shares) at Dec. 31, 2025 1,600       1,555              
Ending Balance at Dec. 31, 2025 $ 65,651   $ 65,193   $ 21 $ 6,808 $ 8,728 $ 80,906   $ (24,283) $ (6,987) $ 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 $6,439.904, $1,503.518, $1,325.00, $1,375.00, $937.50, $1,000.00, $925.00, and $1,125.00, respectively.
[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 $6,537.806, $1,527.702, $1,325.00, $1,375.00, $937.50, $1,000.00, $925.00, and $1,125.00, respectively.
[3] Effective January 1, 2023, the Company adopted accounting guidance which removed the separate recognition and measurement of troubled debt restructurings. Upon adoption, the Company reduced its allowance for credit losses and increased retained earnings net of deferred taxes through a cumulative-effect adjustment.
[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 $5,551.953, $1,281.530, $1,325.00, $1,375.00, $937.50, $1,000.00, $925.00, and $1,125.00, respectively.