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Consolidated Balance Sheet - USD ($)
$ in Millions
Mar. 31, 2021
Dec. 31, 2020
Assets    
Cash and due from banks $ 43,501 $ 62,580
Available-for-sale investment securities ($596 and $402 pledged as collateral, respectively) [1] 156,003 [2] 136,840
Loans held for sale (including $8,869 and $8,524 of mortgage loans carried at fair value, respectively) 8,991 8,761
Loans    
Total loans 294,427 297,707
Less allowance for loan losses (6,343) (7,314)
Net loans 288,084 290,393
Premises and equipment 3,388 3,468
Goodwill 9,905 9,918
Other intangible assets 3,462 2,864
Other assets (including $1,313 and $1,255 of trading securities at fair value pledged as collateral, respectively) [1] 40,041 39,081
Total assets 553,375 553,905
Deposits    
Noninterest-bearing 126,754 118,089
Interest-bearing [3] 307,007 311,681
Total deposits 433,761 429,770
Short-term borrowings 12,098 11,766
Long-term debt 37,419 41,297
Other liabilities 17,789 17,347
Total liabilities 501,067 500,180
Shareholders' equity    
Preferred stock 5,968 5,983
Common stock, par value $0.01 a share—authorized: 4,000,000,000 shares; issued: 3/31/21 and 12/31/20—2,125,725,742 shares 21 21
Capital surplus 8,487 8,511
Retained earnings 65,740 64,188
Less cost of common stock in treasury: 3/31/21—628,716,254 shares; 12/31/20—618,618,084 shares (26,443) (25,930)
Accumulated other comprehensive income (loss) (2,095) 322
Total U.S. Bancorp shareholders' equity 51,678 53,095
Noncontrolling interests 630 630
Total equity 52,308 53,725
Total liabilities and equity 553,375 553,905
Commercial    
Loans    
Total loans 104,158 102,871
Commercial real estate    
Loans    
Total loans 38,432 39,311
Residential mortgages    
Loans    
Total loans 73,624 76,155
Credit card    
Loans    
Total loans 20,872 22,346
Other retail    
Loans    
Total loans $ 57,341 $ 57,024
[1] Includes only collateral pledged by the Company where counterparties have the right to sell or pledge the collateral.
[2] The weighted-average maturity of total available-for-sale investment securities was 3.4 years at December 31, 2020, with a corresponding weighted-average yield of 1.61 percent.
[3] lncludes time deposits greater than $250,000 balances of $3.1 billion and $4.4 billion at March 31, 2021 and December 31, 2020, respectively.