v3.26.1
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, 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 (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 [1] (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
Beginning Balance (in shares) at Dec. 31, 2025     1,555            
Beginning Balance at Dec. 31, 2025 65,651 65,193 $ 21 6,808 8,728 80,906 (24,283) (6,987) 458
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income (loss) 4,133 4,122       4,122     11
Other comprehensive income (loss) (124) (124)           (124)  
Preferred stock dividends (159) (159)       (159)      
Common stock dividends (1,628) (1,628)       (1,628)      
Issuance of common and treasury stock (in shares)     11            
Issuance of common and treasury stock 383 383     (80)   463    
Purchase of treasury stock (in shares)     (8)            
Purchase of treasury stock (480) (480)         (480)    
Distributions to noncontrolling interests (11)               (11)
Net other changes in noncontrolling interests 5               5
Stock option and restricted stock grants 125 125     125        
Ending Balance (in shares) at Jun. 30, 2026     1,558            
Ending Balance at Jun. 30, 2026 67,895 67,432 $ 21 6,808 8,773 83,241 (24,300) (7,111) 463
Beginning Balance (in shares) at Mar. 31, 2026     1,555            
Beginning Balance at Mar. 31, 2026 66,247 65,786 $ 21 6,808 8,623 81,944 (24,387) (7,223) 461
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income (loss) 2,183 2,177       2,177     6
Other comprehensive income (loss) 112 112           112  
Preferred stock dividends [2] (66) (66)       (66)      
Common stock dividends (814) (814)       (814)      
Issuance of common and treasury stock (in shares)     6            
Issuance of common and treasury stock 367 367     77   290    
Purchase of treasury stock (in shares)     (3)            
Purchase of treasury stock (203) (203)         (203)    
Distributions to noncontrolling interests (6)               (6)
Net other changes in noncontrolling interests 2               2
Stock option and restricted stock grants 73 73     73        
Ending Balance (in shares) at Jun. 30, 2026     1,558            
Ending Balance at Jun. 30, 2026 $ 67,895 $ 67,432 $ 21 $ 6,808 $ 8,773 $ 83,241 $ (24,300) $ (7,111) $ 463
[1] 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.
[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 $1,252.441, $286.568, $343.75, $234.375, $250.00, $231.25 and $281.25, respectively.
(c)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.
(d)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 $2,490.891, $569.931, $662.50, $687.50, $468.75, $500.00, $462.50 and $562.50, respectively.