NOTE 13

Long-Term Debt

Long-term debt (debt with original maturities of more than one year) at December 31 consisted of the following:


(Dollars in Millions)	Rate Type		Rate^(a)			Maturity Date		2017			2016

U.S. Bancorp (Parent Company)
Subordinated notes		Fixed		2.950	%		2022	$	1,300		$	1,300
		Fixed		3.600	%		2024		1,000			1,000
		Fixed		7.500	%		2026		199			199
		Fixed		3.100	%		2026		1,000			1,000
Medium-term notes		Fixed		.850% - 4.125	%		2018 - 2027		11,299			8,800
		Floating		1.767% - 2.005	%		2018 - 2022		1,000			750
Other^(b)									(29	)		(4	)

Subtotal									15,769			13,045

Subsidiaries
Federal Home Loan Bank advances		Fixed		1.250% - 8.250	%		2018 - 2026		208			10
		Floating		1.557% - 1.973	%		2018 - 2026		5,272			8,559
Bank notes		Fixed		1.400% - 2.800	%		2019 - 2025		6,200			6,800
		Floating		1.063% - 1.858	%		2019 - 2057		3,810			3,898
Other^(c)									1,000			1,011

Subtotal									16,490			20,278

Total								$	32,259		$	33,323

(a)

Weighted-average interest rates of medium-term notes, Federal Home Loan Bank advances and bank notes were 2.51 percent, 1.83 percent and 1.86 percent, respectively.

(b)

Includes debt issuance fees and unrealized gains and losses and deferred amounts relating to derivative instruments.

(c)

Includes consolidated community development and tax-advantaged investment VIEs, capitalized lease obligations, debt issuance fees, and unrealized gains and losses and deferred amounts relating to derivative instruments.

The Company has arrangements with the Federal Home Loan Bank and Federal Reserve Bank whereby the Company could have borrowed an additional $87.7 billion and $91.4 billion at December 31, 2017 and 2016, respectively, based on collateral available.

Maturities of long-term debt outstanding at December 31, 2017, were:


(Dollars in Millions)	Parent Company		Consolidated
2018	$	1,499	$	2,572
2019		1,497		8,001
2020		–		3,047
2021		2,196		2,215
2022		3,790		4,074
Thereafter		6,787		12,350

Total	$	15,769	$	32,259