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Consolidated Statement of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Operating Activities      
Net income attributable to U.S. Bancorp $ 6,914 $ 7,096 $ 6,218
Adjustments to reconcile net income to net cash provided by operating activities      
Provision for credit losses 1,504 1,379 1,390
Depreciation and amortization of premises and equipment 334 306 293
Amortization of intangibles 168 161 175
(Gain) loss on sale of loans held for sale (762) (394) (772)
(Gain) loss on sale of securities and other assets (469) (510) (502)
Loans originated for sale in the secondary market, net of repayments (36,561) (29,214) (35,743)
Proceeds from sales of loans held for sale 33,303 30,730 37,462
Other, net 458 1,010 (2,049)
Net cash provided by operating activities 4,889 10,564 6,472
Investing Activities      
Proceeds from sales of available-for-sale investment securities 11,252 1,400 3,084
Proceeds from maturities of held-to-maturity investment securities 9,137 6,619 8,306
Proceeds from maturities of available-for-sale investment securities 11,454 11,411 13,042
Purchases of held-to-maturity investment securities (6,701) (9,793) (9,712)
Purchases of available-for-sale investment securities (33,814) (10,077) (17,860)
Net increase in loans outstanding (9,871) (9,234) (8,054)
Proceeds from sales of loans 2,899 4,862 2,458
Purchases of loans (3,805) (3,694) (3,040)
Net increase (decrease) in securities purchased under agreements to resell (816) (182) 54
Other, net (1,295) (289) (404)
Net cash used in investing activities (21,560) (8,977) (12,126)
Financing Activities      
Net increase (decrease) in deposits 16,441 (1,740) 12,625
Net increase (decrease) in short-term borrowings 9,584 (2,512) 2,688
Proceeds from issuance of long-term debt 9,899 12,078 9,434
Principal payments or redemption of long-term debt (11,119) (2,928) (10,517)
Proceeds from issuance of preferred stock   565 993
Proceeds from issuance of common stock 88 86 159
Repurchase of preferred stock     (1,085)
Repurchase of common stock (4,525) (2,822) (2,631)
Cash dividends paid on preferred stock (302) (274) (284)
Cash dividends paid on common stock (2,443) (2,092) (1,928)
Net cash used in financing activities 17,623 361 9,454
Change in cash and due from banks 952 1,948 3,800
Cash and due from banks at beginning of period 21,453 19,505 15,705
Cash and due from banks at end of period 22,405 21,453 19,505
Supplemental Cash Flow Disclosures      
Cash paid for income taxes 941 365 555
Cash paid for interest 4,404 3,056 2,086
Noncash transfer of held-to-maturity investment securities to available-for-sale 43,596    
Net noncash transfers to foreclosed property $ 60 $ 115 $ 163