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Consolidated Balance Sheet (Unaudited) - USD ($)
$ in Millions
Jun. 30, 2015
Dec. 31, 2014
Assets    
Cash and due from banks $ 17,925 $ 10,654
Investment securities    
Held-to-maturity (fair value $46,364 and $45,140, respectively; including $656 and $526 at fair value pledged as collateral, respectively) [1] 46,233 44,974
Available-for-sale (including $330 pledged as collateral at 6/30/15 and 12/31/14) [1] 57,078 56,069
Loans held for sale (including $5,538 and $4,774 of mortgage loans carried at fair value, respectively) 8,498 4,792
Loans    
Commercial 84,620 80,377
Commercial real estate 42,258 42,795
Residential mortgages 51,337 51,619
Credit card 17,788 18,515
Other retail 47,652 49,264
Total loans, excluding covered loans 243,655 242,570
Covered loans 4,984 5,281
Total loans 248,639 247,851
Less allowance for loan losses (4,013) (4,039)
Net loans 244,626 243,812
Premises and equipment 2,551 2,618
Goodwill 9,374 9,389
Other intangible assets 3,225 3,162
Other assets (including $213 and $157 of trading securities at fair value pledged as collateral, respectively) [1] 29,565 27,059
Total assets 419,075 402,529
Deposits    
Noninterest-bearing 86,189 77,323
Interest-bearing 186,589 177,452
Time deposits greater than $100,000 [2] 24,070 27,958
Total deposits 296,848 282,733
Short-term borrowings 27,784 29,893
Long-term debt 34,141 32,260
Other liabilities 15,071 13,475
Total liabilities 373,844 358,361
Shareholders' equity    
Preferred stock 4,756 4,756
Common stock, par value $0.01 a share - authorized: 4,000,000,000 shares; issued: 6/30/15 and 12/31/14 - 2,125,725,742 shares 21 21
Capital surplus 8,335 8,313
Retained earnings 44,434 42,530
Less cost of common stock in treasury: 6/30/15 - 358,799,573 shares; 12/31/14 - 339,859,034 shares (12,144) (11,245)
Accumulated other comprehensive income (loss) (865) (896)
Total U.S. Bancorp shareholders' equity 44,537 43,479
Noncontrolling interests 694 689
Total equity 45,231 44,168
Total liabilities and equity $ 419,075 $ 402,529
[1] Includes only collateral pledged by the Company where counterparties have the right to sell or pledge the collateral.
[2] Includes domestic time deposit balances greater than $250,000 of $4.1 billion and $5.0 billion at June 30, 2015, and December 31, 2014, respectively.