v3.25.2
Earnings Per Share
 6 Months Ended
Jun. 30, 2025
Earnings Per Share [Abstract]  
Earnings Per Share
NOTE 9Earnings Per Share
The components of earnings per share were:
 Three Months Ended
June 30		Six Months Ended
June 30
(Dollars and Shares in Millions, Except Per Share Data)2025202420252024
Net income attributable to U.S. Bancorp$1,815 $1,603 $3,524 $2,922 
Preferred dividends(70)(75)(165)(177)
Earnings allocated to participating stock awards(12)(10)(23)(18)
Net income applicable to U.S. Bancorp common shareholders$1,733 $1,518 $3,336 $2,727 
Average common shares outstanding1,559 1,560 1,559 1,560 
Net effect of the exercise and assumed purchase of stock awards— 1 1 — 
Average diluted common shares outstanding1,559 1,561 1,560 1,560 
Earnings per common share$1.11 $.97 $2.14 $1.75 
Diluted earnings per common share$1.11 $.97 $2.14 $1.75 
Options outstanding at June 30, 2025 to purchase 1 million common shares for the three and six months ended June 30, 2025, and outstanding at June 30, 2024 to purchase 1 million common shares for the three and six months ended June 30, 2024 were not included in the computation of diluted earnings per share because they were antidilutive.