v3.26.1
Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Components of Earnings 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)2026202520262025
Net income attributable to U.S. Bancorp$2,177 $1,815 $4,122 $3,524 
Preferred dividends(66)(70)(159)(165)
Earnings allocated to participating stock awards(13)(12)(24)(23)
Net income applicable to U.S. Bancorp common shareholders$2,098 $1,733 $3,939 $3,336 
Average common shares outstanding1,554 1,559 1,554 1,559 
Net effect of the exercise and assumed purchase of stock awards— 
Average diluted common shares outstanding1,555 1,559 1,555 1,560 
Earnings per common share$1.35 $1.11 $2.53 $2.14 
Diluted earnings per common share$1.35 $1.11 $2.53 $2.14