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Consolidated Balance Sheet - USD ($)
$ in Millions
Dec. 31, 2015
Dec. 31, 2014
Assets    
Cash and due from banks $ 11,147 $ 10,654
Investment securities    
Held-to-maturity (fair value $43,493 and $45,140, respectively; including $526 at fair value pledged as collateral at December 31, 2014) [1] 43,590 44,974
Available-for-sale ($1,018 and $330 pledged as collateral, respectively) [1] 61,997 56,069
Loans held for sale (including $3,110 and $4,774 of mortgage loans carried at fair value, respectively) 3,184 4,792
Loans    
Commercial 88,402 80,377
Commercial real estate 42,137 42,795
Residential Mortgages 53,496 51,619
Credit card 21,012 18,515
Other retail 51,206 49,264
Total loans, excluding covered loans 256,253 242,570
Covered loans 4,596 5,281
Total loans 260,849 247,851
Less allowance for loan losses (3,863) (4,039)
Net loans 256,986 243,812
Premises and equipment 2,513 2,618
Goodwill 9,361 9,389
Other intangible assets 3,350 3,162
Other assets (including $121 and $157 of trading securities at fair value pledged as collateral, respectively) [1] 29,725 27,059
Total assets 421,853 402,529
Deposits    
Noninterest-bearing 83,766 77,323
Interest-bearing [2] 216,634 205,410
Total deposits 300,400 282,733
Short-term borrowings 27,877 29,893
Long-term debt 32,078 32,260
Other liabilities 14,681 13,475
Total liabilities 375,036 358,361
Shareholders' equity    
Preferred stock 5,501 4,756
Common stock, par value $0.01 a share - authorized: 4,000,000,000 shares; issued: 2015 and 2014 -2,125,725,742 shares 21 21
Capital surplus 8,376 8,313
Retained earnings 46,377 42,530
Less cost of common stock in treasury: 2015 - 380,534,801 shares; 2014 - 339,859,034 shares (13,125) (11,245)
Accumulated other comprehensive income (loss) (1,019) (896)
Total U.S. Bancorp shareholders' equity 46,131 43,479
Noncontrolling interests 686 689
Total equity 46,817 44,168
Total liabilities and equity $ 421,853 $ 402,529
[1] Includes only collateral pledged by the Company where counterparties have the right to sell or pledge the collateral.
[2] lncludes time deposits greater than $250,000 balances of $2.6 billion and $5.0 billion at December 31, 2015 and 2014, respectively.