v3.25.2
Consolidated Statement of Shareholders' Equity - USD ($)
shares in Millions, $ in Millions
Total
Total U.S. Bancorp Shareholders’ Equity
Common Stock
Preferred Stock
Capital Surplus
Retained Earnings
Treasury Stock
Accumulated Other Comprehensive Income (Loss)
Noncontrolling Interests
Beginning Balance (in shares) at Dec. 31, 2023     1,558            
Beginning Balance at Dec. 31, 2023 $ 55,771 $ 55,306 $ 21 $ 6,808 $ 8,673 $ 74,026 $ (24,126) $ (10,096) $ 465
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income (loss) 2,937 2,922       2,922     15
Other comprehensive income (loss) (212) (212)           (212)  
Preferred stock dividends [1] (177) (177)       (177)      
Common stock dividends (1,540) (1,540)       (1,540)      
Issuance of common and treasury stock (in shares)     3            
Issuance of common and treasury stock 14 14     (142)   156    
Purchase of treasury stock (in shares)     (1)            
Purchase of treasury stock (50) (50)         (50)    
Distributions to noncontrolling interests (15)               (15)
Stock option and restricted stock grants 157 157     157        
Ending Balance (in shares) at Jun. 30, 2024     1,560            
Ending Balance at Jun. 30, 2024 56,885 56,420 $ 21 6,808 8,688 75,231 (24,020) (10,308) 465
Beginning Balance (in shares) at Mar. 31, 2024     1,560            
Beginning Balance at Mar. 31, 2024 56,033 55,568 $ 21 6,808 8,642 74,473 (24,023) (10,353) 465
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income (loss) 1,611 1,603       1,603     8
Other comprehensive income (loss) 45 45           45  
Preferred stock dividends [2] (75) (75)       (75)      
Common stock dividends (770) (770)       (770)      
Issuance of common and treasury stock 1 1     (3)   4    
Purchase of treasury stock (1) (1)         (1)    
Distributions to noncontrolling interests (8)               (8)
Stock option and restricted stock grants 49 49     49        
Ending Balance (in shares) at Jun. 30, 2024     1,560            
Ending Balance at Jun. 30, 2024 56,885 56,420 $ 21 6,808 8,688 75,231 (24,020) (10,308) 465
Beginning Balance (in shares) at Dec. 31, 2024     1,560            
Beginning Balance at Dec. 31, 2024 59,040 58,578 $ 21 6,808 8,715 76,863 (24,065) (9,764) 462
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income (loss) 3,537 3,524       3,524     13
Other comprehensive income (loss) 1,155 1,155           1,155  
Preferred stock dividends [3] (165) (165)       (165)      
Common stock dividends (1,570) (1,570)       (1,570)      
Issuance of common and treasury stock (in shares)     4            
Issuance of common and treasury stock 23 23     (168)   191    
Purchase of treasury stock (in shares)     (6)            
Purchase of treasury stock (266) (266)         (266)    
Distributions to noncontrolling interests (13)               (13)
Net other changes in noncontrolling interests (4)               (4)
Stock option and restricted stock grants 159 159     159        
Ending Balance (in shares) at Jun. 30, 2025     1,558            
Ending Balance at Jun. 30, 2025 61,896 61,438 $ 21 6,808 8,706 78,652 (24,140) (8,609) 458
Beginning Balance (in shares) at Mar. 31, 2025     1,560            
Beginning Balance at Mar. 31, 2025 60,558 60,096 $ 21 6,808 8,678 77,691 (24,060) (9,042) 462
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income (loss) 1,821 1,815       1,815     6
Other comprehensive income (loss) 433 433           433  
Preferred stock dividends [4] (70) (70)       (70)      
Common stock dividends (784) (784)       (784)      
Issuance of common and treasury stock 7 7     (19)   26    
Purchase of treasury stock (in shares)     (2)            
Purchase of treasury stock (106) (106)         (106)    
Distributions to noncontrolling interests (6)               (6)
Net other changes in noncontrolling interests (4)               (4)
Stock option and restricted stock grants 47 47     47        
Ending Balance (in shares) at Jun. 30, 2025     1,558            
Ending Balance at Jun. 30, 2025 $ 61,896 $ 61,438 $ 21 $ 6,808 $ 8,706 $ 78,652 $ (24,140) $ (8,609) $ 458
[1] Reflects dividends declared per share on the Company’s Series A, Series B, Series J, Series K, Series L, Series M, Series N and Series O Non-Cumulative Perpetual Preferred Stock of $3,338.125, $781.448, $662.50, $687.50, $468.75, $500.00, $462.50 and $562.50, respectively.(d)Reflects dividends declared per share on the Company’s Series A, Series B, Series J, Series K, S
[2] Reflects dividends declared per share on the Company’s Series A, Series B, Series K, Series L, Series M, Series N and Series O Non-Cumulative Perpetual Preferred Stock of $1,670.904, $391.184, $343.75, $234.375, $250.00, $231.25 and $281.25, respectively.
[3] Reflects dividends declared per share on the Company’s Series A, Series B, Series J, Series K, Series L, Series M, Series N and Series O Non-Cumulative Perpetual Preferred Stock of $2,795.708, $646.135, $662.50, $687.50, $468.75, $500.00, $462.50 and $562.50, respectively.
[4] Reflects dividends declared per share on the Company’s Series A, Series B, Series K, Series L, Series M, Series N and Series O Non-Cumulative Perpetual Preferred Stock of $1,399.810, $323.411, $343.75, $234.375, $250.00, $231.25 and $281.25, respectively.