$USB
US BANCORP \DE\

2023 Q3 Form 10-Q Financial Statement

#000119312523204050 Filed on August 07, 2023

View on sec.gov

Income Statement

Concept 2023 Q3 2023 Q2
Revenue $7.032B $7.526B
YoY Change 48.73% 96.76%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development $511.0M $522.0M
YoY Change 43.94% 49.14%
% of Gross Profit
Depreciation & Amortization $256.0M $255.0M
YoY Change 100.0% 104.0%
% of Gross Profit
Operating Expenses $511.0M $522.0M
YoY Change 43.94% 49.14%
Operating Profit
YoY Change
Interest Expense $3.518B $3.111B
YoY Change 290.46% 697.69%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $1.955B $1.751B
YoY Change -14.89% -10.11%
Income Tax $431.0M $382.0M
% Of Pretax Income 22.05% 21.82%
Net Earnings $1.523B $1.281B
YoY Change -15.95% -16.33%
Net Earnings / Revenue 21.66% 17.02%
Basic Earnings Per Share $0.91 $0.84
Diluted Earnings Per Share $0.91 $0.84
COMMON SHARES
Basic Shares Outstanding 1.533B 1.533B
Diluted Shares Outstanding 1.549B 1.533B

Balance Sheet

Concept 2023 Q3 2023 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $64.35B $70.64B
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $3.616B $3.695B
YoY Change 14.61% 16.3%
Goodwill $12.47B $12.49B
YoY Change 23.18% 22.93%
Intangibles $6.435B $6.634B
YoY Change 39.77% 47.85%
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $668.0B $680.8B
YoY Change 11.16% 15.12%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $21.90B $32.33B
YoY Change -12.63% 29.53%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $21.90B $32.33B
YoY Change -12.63% 29.53%
LONG-TERM LIABILITIES
Long-Term Debt $43.07B $45.28B
YoY Change 33.65% 53.98%
Other Long-Term Liabilities $31.13B $28.12B
YoY Change 26.78% 34.96%
Total Long-Term Liabilities $74.20B $73.41B
YoY Change 30.68% 46.09%
TOTAL LIABILITIES
Total Short-Term Liabilities $21.90B $32.33B
Total Long-Term Liabilities $74.20B $73.41B
Total Liabilities $614.5B $627.8B
YoY Change 11.02% 15.76%
SHAREHOLDERS EQUITY
Retained Earnings $74.02B $73.36B
YoY Change 3.12% 3.65%
Common Stock $8.705B $8.763B
YoY Change 1.09% 2.18%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $53.11B $53.02B
YoY Change
Total Liabilities & Shareholders Equity $668.0B $680.8B
YoY Change 11.16% 15.12%

Cashflow Statement

Concept 2023 Q3 2023 Q2
OPERATING ACTIVITIES
Net Income $1.523B $1.281B
YoY Change -15.95% -16.33%
Depreciation, Depletion And Amortization $256.0M $255.0M
YoY Change 100.0% 104.0%
Cash From Operating Activities $3.873B $3.316B
YoY Change 10.5% 47.44%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities $5.636B $6.546B
YoY Change -174.54% -153.87%
Cash From Investing Activities $5.636B $6.546B
YoY Change -174.54% -153.87%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -15.80B -5.448B
YoY Change -339.93% -215.33%
NET CHANGE
Cash From Operating Activities 3.873B 3.316B
Cash From Investing Activities 5.636B 6.546B
Cash From Financing Activities -15.80B -5.448B
Net Change In Cash -6.288B 4.414B
YoY Change -348.73% -185.23%
FREE CASH FLOW
Cash From Operating Activities $3.873B $3.316B
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Entity Registrant Name
EntityRegistrantName
US BANCORP \DE\
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
dei Amendment Flag
AmendmentFlag
false
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Entity Central Index Key
EntityCentralIndexKey
0000036104
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2022Q2 us-gaap Servicing Asset At Fair Value Other Change In Fair Value Statement Of Income Or Comprehensive Income Extensible Enumeration
ServicingAssetAtFairValueOtherChangeInFairValueStatementOfIncomeOrComprehensiveIncomeExtensibleEnumeration
http://fasb.org/us-gaap/2022#FeesAndCommissionsMortgageBankingAndServicing
CY2023Q2 us-gaap Servicing Asset At Fair Value Other Change In Fair Value Statement Of Income Or Comprehensive Income Extensible Enumeration
ServicingAssetAtFairValueOtherChangeInFairValueStatementOfIncomeOrComprehensiveIncomeExtensibleEnumeration
http://fasb.org/us-gaap/2022#FeesAndCommissionsMortgageBankingAndServicing
us-gaap Servicing Asset At Fair Value Other Change In Fair Value Statement Of Income Or Comprehensive Income Extensible Enumeration
ServicingAssetAtFairValueOtherChangeInFairValueStatementOfIncomeOrComprehensiveIncomeExtensibleEnumeration
http://fasb.org/us-gaap/2022#FeesAndCommissionsMortgageBankingAndServicing
us-gaap Servicing Asset At Fair Value Other Change In Fair Value Statement Of Income Or Comprehensive Income Extensible Enumeration
ServicingAssetAtFairValueOtherChangeInFairValueStatementOfIncomeOrComprehensiveIncomeExtensibleEnumeration
http://fasb.org/us-gaap/2022#FeesAndCommissionsMortgageBankingAndServicing
CY2023Q2 us-gaap Oci Cash Flow Hedge Reclassification For Discontinuance Statement Of Income Or Comprehensive Income Extensible Enumeration
OciCashFlowHedgeReclassificationForDiscontinuanceStatementOfIncomeOrComprehensiveIncomeExtensibleEnumeration
http://fasb.org/us-gaap/2022#ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax
us-gaap Oci Cash Flow Hedge Reclassification For Discontinuance Statement Of Income Or Comprehensive Income Extensible Enumeration
OciCashFlowHedgeReclassificationForDiscontinuanceStatementOfIncomeOrComprehensiveIncomeExtensibleEnumeration
http://fasb.org/us-gaap/2022#ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax
CY2022Q2 us-gaap Oci Cash Flow Hedge Reclassification For Discontinuance Statement Of Income Or Comprehensive Income Extensible Enumeration
OciCashFlowHedgeReclassificationForDiscontinuanceStatementOfIncomeOrComprehensiveIncomeExtensibleEnumeration
http://fasb.org/us-gaap/2022#ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax
us-gaap Oci Cash Flow Hedge Reclassification For Discontinuance Statement Of Income Or Comprehensive Income Extensible Enumeration
OciCashFlowHedgeReclassificationForDiscontinuanceStatementOfIncomeOrComprehensiveIncomeExtensibleEnumeration
http://fasb.org/us-gaap/2022#ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax
CY2023Q2 us-gaap Derivative Gain Loss Statement Of Income Or Comprehensive Income Extensible Enumeration
DerivativeGainLossStatementOfIncomeOrComprehensiveIncomeExtensibleEnumeration
http://fasb.org/us-gaap/2022#NoninterestIncome
CY2022Q2 us-gaap Derivative Gain Loss Statement Of Income Or Comprehensive Income Extensible Enumeration
DerivativeGainLossStatementOfIncomeOrComprehensiveIncomeExtensibleEnumeration
http://fasb.org/us-gaap/2022#NoninterestIncome
us-gaap Derivative Gain Loss Statement Of Income Or Comprehensive Income Extensible Enumeration
DerivativeGainLossStatementOfIncomeOrComprehensiveIncomeExtensibleEnumeration
http://fasb.org/us-gaap/2022#NoninterestIncome
us-gaap Derivative Gain Loss Statement Of Income Or Comprehensive Income Extensible Enumeration
DerivativeGainLossStatementOfIncomeOrComprehensiveIncomeExtensibleEnumeration
http://fasb.org/us-gaap/2022#NoninterestIncome
dei Document Type
DocumentType
10-Q
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Period End Date
DocumentPeriodEndDate
2023-06-30
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2023
dei Document Transition Report
DocumentTransitionReport
false
dei Entity File Number
EntityFileNumber
1-6880
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
41-0255900
dei Entity Address Address Line1
EntityAddressAddressLine1
800 Nicollet Mall
dei Entity Address City Or Town
EntityAddressCityOrTown
Minneapolis
dei Entity Address State Or Province
EntityAddressStateOrProvince
MN
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
55402
dei City Area Code
CityAreaCode
651
dei Local Phone Number
LocalPhoneNumber
466-3000
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Small Business
EntitySmallBusiness
false
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
dei Entity Shell Company
EntityShellCompany
false
CY2023Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
1532965462
CY2023Q2 us-gaap Cash And Due From Banks
CashAndDueFromBanks
70642000000
CY2022Q4 us-gaap Cash And Due From Banks
CashAndDueFromBanks
53542000000
CY2023Q2 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
76285000000
CY2022Q4 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
77874000000
CY2023Q2 us-gaap Debt Securities Held To Maturity Amortized Cost After Allowance For Credit Loss
DebtSecuritiesHeldToMaturityAmortizedCostAfterAllowanceForCreditLoss
86938000000
CY2022Q4 us-gaap Debt Securities Held To Maturity Amortized Cost After Allowance For Credit Loss
DebtSecuritiesHeldToMaturityAmortizedCostAfterAllowanceForCreditLoss
88740000000
CY2023Q2 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
69221000000
CY2022Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
72910000000
CY2023Q2 us-gaap Mortgages Held For Sale Fair Value Disclosure
MortgagesHeldForSaleFairValueDisclosure
2280000000
CY2022Q4 us-gaap Mortgages Held For Sale Fair Value Disclosure
MortgagesHeldForSaleFairValueDisclosure
1849000000
CY2023Q2 us-gaap Loans Receivable Held For Sale Net Not Part Of Disposal Group
LoansReceivableHeldForSaleNetNotPartOfDisposalGroup
2361000000
CY2022Q4 us-gaap Loans Receivable Held For Sale Net Not Part Of Disposal Group
LoansReceivableHeldForSaleNetNotPartOfDisposalGroup
2200000000
CY2023Q2 us-gaap Notes Receivable Gross
NotesReceivableGross
379428000000
CY2022Q4 us-gaap Notes Receivable Gross
NotesReceivableGross
388213000000
CY2023Q2 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
7164000000
CY2022Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
6936000000
CY2023Q2 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
372264000000
CY2022Q4 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
381277000000
CY2023Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
3695000000
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
3858000000
CY2023Q2 us-gaap Goodwill
Goodwill
12486000000
CY2022Q4 us-gaap Goodwill
Goodwill
12373000000
CY2023Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
6634000000
CY2022Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
7155000000
CY2023Q2 us-gaap Other Assets
OtherAssets
56584000000
CY2022Q4 us-gaap Other Assets
OtherAssets
52750000000
CY2023Q2 us-gaap Assets
Assets
680825000000
CY2022Q4 us-gaap Assets
Assets
674805000000
CY2023Q2 us-gaap Noninterest Bearing Deposit Liabilities
NoninterestBearingDepositLiabilities
104996000000
CY2022Q4 us-gaap Noninterest Bearing Deposit Liabilities
NoninterestBearingDepositLiabilities
137743000000
CY2023Q2 us-gaap Interest Bearing Deposit Liabilities
InterestBearingDepositLiabilities
416604000000
CY2022Q4 us-gaap Interest Bearing Deposit Liabilities
InterestBearingDepositLiabilities
387233000000
CY2023Q2 us-gaap Deposits
Deposits
521600000000
CY2022Q4 us-gaap Deposits
Deposits
524976000000
CY2023Q2 us-gaap Short Term Borrowings
ShortTermBorrowings
32334000000
CY2022Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
31216000000
CY2023Q2 us-gaap Long Term Debt
LongTermDebt
45283000000
CY2022Q4 us-gaap Long Term Debt
LongTermDebt
39829000000
CY2023Q2 us-gaap Other Liabilities
OtherLiabilities
28124000000
CY2022Q4 us-gaap Other Liabilities
OtherLiabilities
27552000000
CY2023Q2 us-gaap Liabilities
Liabilities
627341000000
CY2022Q4 us-gaap Liabilities
Liabilities
623573000000
CY2023Q2 us-gaap Preferred Stock Including Additional Paid In Capital Net Of Discount
PreferredStockIncludingAdditionalPaidInCapitalNetOfDiscount
6808000000
CY2022Q4 us-gaap Preferred Stock Including Additional Paid In Capital Net Of Discount
PreferredStockIncludingAdditionalPaidInCapitalNetOfDiscount
6808000000
CY2023Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2022Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2023Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
4000000000
CY2022Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
4000000000
CY2023Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
2125725742
CY2022Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
2125725742
CY2023Q2 us-gaap Common Stock Value
CommonStockValue
21000000
CY2022Q4 us-gaap Common Stock Value
CommonStockValue
21000000
CY2023Q2 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
8742000000
CY2022Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
8712000000
CY2023Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
73355000000
CY2022Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
71901000000
CY2023Q2 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
592774984
CY2022Q4 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
594747484
CY2023Q2 us-gaap Treasury Stock Common Value
TreasuryStockCommonValue
25189000000
CY2022Q4 us-gaap Treasury Stock Common Value
TreasuryStockCommonValue
25269000000
CY2023Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-10718000000
CY2022Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-11407000000
CY2023Q2 us-gaap Stockholders Equity
StockholdersEquity
53019000000
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
50766000000
CY2023Q2 us-gaap Minority Interest
MinorityInterest
465000000
CY2022Q4 us-gaap Minority Interest
MinorityInterest
466000000
CY2023Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
53484000000
CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
51232000000
CY2023Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
680825000000
CY2022Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
674805000000
CY2023Q2 us-gaap Interest And Fee Income Loans And Leases Held In Portfolio
InterestAndFeeIncomeLoansAndLeasesHeldInPortfolio
5605000000
CY2022Q2 us-gaap Interest And Fee Income Loans And Leases Held In Portfolio
InterestAndFeeIncomeLoansAndLeasesHeldInPortfolio
2869000000
us-gaap Interest And Fee Income Loans And Leases Held In Portfolio
InterestAndFeeIncomeLoansAndLeasesHeldInPortfolio
10882000000
us-gaap Interest And Fee Income Loans And Leases Held In Portfolio
InterestAndFeeIncomeLoansAndLeasesHeldInPortfolio
5468000000
CY2023Q2 us-gaap Interest And Fee Income Loans And Leases Held For Sale
InterestAndFeeIncomeLoansAndLeasesHeldForSale
38000000
CY2022Q2 us-gaap Interest And Fee Income Loans And Leases Held For Sale
InterestAndFeeIncomeLoansAndLeasesHeldForSale
54000000
us-gaap Interest And Fee Income Loans And Leases Held For Sale
InterestAndFeeIncomeLoansAndLeasesHeldForSale
69000000
us-gaap Interest And Fee Income Loans And Leases Held For Sale
InterestAndFeeIncomeLoansAndLeasesHeldForSale
114000000
CY2023Q2 us-gaap Interest And Dividend Income Securities
InterestAndDividendIncomeSecurities
1077000000
CY2022Q2 us-gaap Interest And Dividend Income Securities
InterestAndDividendIncomeSecurities
806000000
us-gaap Interest And Dividend Income Securities
InterestAndDividendIncomeSecurities
2151000000
us-gaap Interest And Dividend Income Securities
InterestAndDividendIncomeSecurities
1523000000
CY2023Q2 us-gaap Other Interest And Dividend Income
OtherInterestAndDividendIncome
806000000
CY2022Q2 us-gaap Other Interest And Dividend Income
OtherInterestAndDividendIncome
96000000
us-gaap Other Interest And Dividend Income
OtherInterestAndDividendIncome
1388000000
us-gaap Other Interest And Dividend Income
OtherInterestAndDividendIncome
138000000
CY2023Q2 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
7526000000
CY2022Q2 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
3825000000
us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
14490000000
us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
7243000000
CY2023Q2 us-gaap Interest Expense Deposits
InterestExpenseDeposits
1939000000
CY2022Q2 us-gaap Interest Expense Deposits
InterestExpenseDeposits
177000000
us-gaap Interest Expense Deposits
InterestExpenseDeposits
3444000000
us-gaap Interest Expense Deposits
InterestExpenseDeposits
257000000
CY2023Q2 us-gaap Interest Expense Short Term Borrowings
InterestExpenseShortTermBorrowings
740000000
CY2022Q2 us-gaap Interest Expense Short Term Borrowings
InterestExpenseShortTermBorrowings
57000000
us-gaap Interest Expense Short Term Borrowings
InterestExpenseShortTermBorrowings
1189000000
us-gaap Interest Expense Short Term Borrowings
InterestExpenseShortTermBorrowings
78000000
CY2023Q2 us-gaap Interest Expense Long Term Debt
InterestExpenseLongTermDebt
432000000
CY2022Q2 us-gaap Interest Expense Long Term Debt
InterestExpenseLongTermDebt
156000000
us-gaap Interest Expense Long Term Debt
InterestExpenseLongTermDebt
808000000
us-gaap Interest Expense Long Term Debt
InterestExpenseLongTermDebt
300000000
CY2023Q2 us-gaap Interest Expense
InterestExpense
3111000000
CY2022Q2 us-gaap Interest Expense
InterestExpense
390000000
us-gaap Interest Expense
InterestExpense
5441000000
us-gaap Interest Expense
InterestExpense
635000000
CY2023Q2 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
4415000000
CY2022Q2 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
3435000000
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
9049000000
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
6608000000
CY2023Q2 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
821000000
CY2022Q2 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
311000000
us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
1248000000
us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
423000000
CY2023Q2 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
3594000000
CY2022Q2 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
3124000000
us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
7801000000
us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
6185000000
CY2023Q2 usb Fee And Commission Credit And Debit Cards
FeeAndCommissionCreditAndDebitCards
422000000
CY2022Q2 usb Fee And Commission Credit And Debit Cards
FeeAndCommissionCreditAndDebitCards
399000000
usb Fee And Commission Credit And Debit Cards
FeeAndCommissionCreditAndDebitCards
782000000
usb Fee And Commission Credit And Debit Cards
FeeAndCommissionCreditAndDebitCards
737000000
CY2023Q2 usb Corporate Payment Products Revenue
CorporatePaymentProductsRevenue
190000000
CY2022Q2 usb Corporate Payment Products Revenue
CorporatePaymentProductsRevenue
172000000
usb Corporate Payment Products Revenue
CorporatePaymentProductsRevenue
379000000
usb Corporate Payment Products Revenue
CorporatePaymentProductsRevenue
330000000
CY2023Q2 usb Merchant Discount Fee
MerchantDiscountFee
436000000
CY2022Q2 usb Merchant Discount Fee
MerchantDiscountFee
425000000
usb Merchant Discount Fee
MerchantDiscountFee
823000000
usb Merchant Discount Fee
MerchantDiscountFee
788000000
CY2023Q2 usb Fee And Commission Fiduciary And Trust Activities
FeeAndCommissionFiduciaryAndTrustActivities
621000000
CY2022Q2 usb Fee And Commission Fiduciary And Trust Activities
FeeAndCommissionFiduciaryAndTrustActivities
566000000
usb Fee And Commission Fiduciary And Trust Activities
FeeAndCommissionFiduciaryAndTrustActivities
1211000000
usb Fee And Commission Fiduciary And Trust Activities
FeeAndCommissionFiduciaryAndTrustActivities
1066000000
CY2023Q2 usb Service Charges
ServiceCharges
324000000
CY2022Q2 usb Service Charges
ServiceCharges
334000000
usb Service Charges
ServiceCharges
648000000
usb Service Charges
ServiceCharges
667000000
CY2023Q2 usb Commercial Products Revenue
CommercialProductsRevenue
358000000
CY2022Q2 usb Commercial Products Revenue
CommercialProductsRevenue
290000000
usb Commercial Products Revenue
CommercialProductsRevenue
692000000
usb Commercial Products Revenue
CommercialProductsRevenue
556000000
CY2023Q2 us-gaap Fees And Commissions Mortgage Banking And Servicing
FeesAndCommissionsMortgageBankingAndServicing
131000000
CY2022Q2 us-gaap Fees And Commissions Mortgage Banking And Servicing
FeesAndCommissionsMortgageBankingAndServicing
142000000
us-gaap Fees And Commissions Mortgage Banking And Servicing
FeesAndCommissionsMortgageBankingAndServicing
259000000
us-gaap Fees And Commissions Mortgage Banking And Servicing
FeesAndCommissionsMortgageBankingAndServicing
342000000
CY2023Q2 usb Investment Advisory Management And Administrative Fee
InvestmentAdvisoryManagementAndAdministrativeFee
68000000
CY2022Q2 usb Investment Advisory Management And Administrative Fee
InvestmentAdvisoryManagementAndAdministrativeFee
59000000
usb Investment Advisory Management And Administrative Fee
InvestmentAdvisoryManagementAndAdministrativeFee
136000000
usb Investment Advisory Management And Administrative Fee
InvestmentAdvisoryManagementAndAdministrativeFee
121000000
CY2023Q2 us-gaap Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
3000000
CY2022Q2 us-gaap Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
19000000
us-gaap Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
-29000000
us-gaap Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
37000000
CY2023Q2 us-gaap Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
173000000
CY2022Q2 us-gaap Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
142000000
us-gaap Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
332000000
us-gaap Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
300000000
CY2023Q2 us-gaap Noninterest Income
NoninterestIncome
2726000000
CY2022Q2 us-gaap Noninterest Income
NoninterestIncome
2548000000
us-gaap Noninterest Income
NoninterestIncome
5233000000
us-gaap Noninterest Income
NoninterestIncome
4944000000
CY2023Q2 us-gaap Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
2646000000
CY2022Q2 us-gaap Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
2246000000
us-gaap Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
5292000000
us-gaap Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
4495000000
CY2023Q2 us-gaap Occupancy Net
OccupancyNet
316000000
CY2022Q2 us-gaap Occupancy Net
OccupancyNet
265000000
us-gaap Occupancy Net
OccupancyNet
637000000
us-gaap Occupancy Net
OccupancyNet
534000000
CY2023Q2 us-gaap Professional Fees
ProfessionalFees
141000000
CY2022Q2 us-gaap Professional Fees
ProfessionalFees
111000000
us-gaap Professional Fees
ProfessionalFees
275000000
us-gaap Professional Fees
ProfessionalFees
225000000
CY2023Q2 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
122000000
CY2022Q2 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
106000000
us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
244000000
us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
186000000
CY2023Q2 us-gaap Communications And Information Technology
CommunicationsAndInformationTechnology
522000000
CY2022Q2 us-gaap Communications And Information Technology
CommunicationsAndInformationTechnology
419000000
us-gaap Communications And Information Technology
CommunicationsAndInformationTechnology
1025000000
us-gaap Communications And Information Technology
CommunicationsAndInformationTechnology
840000000
CY2023Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
159000000
CY2022Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
40000000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
319000000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
87000000
CY2023Q2 usb Merger And Integration Charges
MergerAndIntegrationCharges
310000000
CY2022Q2 usb Merger And Integration Charges
MergerAndIntegrationCharges
197000000
usb Merger And Integration Charges
MergerAndIntegrationCharges
554000000
usb Merger And Integration Charges
MergerAndIntegrationCharges
197000000
CY2023Q2 us-gaap Other Noninterest Expense
OtherNoninterestExpense
353000000
CY2022Q2 us-gaap Other Noninterest Expense
OtherNoninterestExpense
340000000
us-gaap Other Noninterest Expense
OtherNoninterestExpense
778000000
us-gaap Other Noninterest Expense
OtherNoninterestExpense
662000000
CY2023Q2 us-gaap Noninterest Expense
NoninterestExpense
4569000000
CY2022Q2 us-gaap Noninterest Expense
NoninterestExpense
3724000000
us-gaap Noninterest Expense
NoninterestExpense
9124000000
us-gaap Noninterest Expense
NoninterestExpense
7226000000
CY2023Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1751000000
CY2022Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1948000000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
3910000000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
3903000000
CY2023Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
382000000
CY2022Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
414000000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
837000000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
811000000
CY2023Q2 us-gaap Profit Loss
ProfitLoss
1369000000
CY2022Q2 us-gaap Profit Loss
ProfitLoss
1534000000
us-gaap Profit Loss
ProfitLoss
3073000000
us-gaap Profit Loss
ProfitLoss
3092000000
CY2023Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
8000000
CY2022Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
3000000
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
14000000
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
4000000
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
1361000000
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
1531000000
us-gaap Net Income Loss
NetIncomeLoss
3059000000
us-gaap Net Income Loss
NetIncomeLoss
3088000000
CY2023Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
1281000000
CY2022Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
1464000000
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
2873000000
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
2930000000
CY2023Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.84
CY2022Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.99
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.87
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.97
CY2023Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.84
CY2022Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.99
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.87
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.97
CY2023Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
1533000000
CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
1486000000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
1532000000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
1485000000
CY2023Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
1533000000
CY2022Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
1487000000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
1533000000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
1486000000
CY2023Q2 us-gaap Profit Loss
ProfitLoss
1369000000
CY2022Q2 us-gaap Profit Loss
ProfitLoss
1534000000
us-gaap Profit Loss
ProfitLoss
3073000000
us-gaap Profit Loss
ProfitLoss
3092000000
CY2023Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
-460000000
CY2022Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
-4761000000
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
845000000
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
-11515000000
CY2023Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
-465000000
CY2022Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
98000000
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
-261000000
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
98000000
CY2023Q2 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax
19000000
CY2022Q2 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax
-3000000
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax
18000000
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax
-3000000
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Reclassification Adjustments And Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsAndTax
-1000000
CY2023Q2 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Before Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax
-147000000
CY2022Q2 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Before Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax
-84000000
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Before Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax
-305000000
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Before Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax
-151000000
CY2023Q2 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
-194000000
CY2022Q2 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
-1159000000
us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
219000000
us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
-2851000000
CY2023Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-565000000
CY2022Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-3423000000
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
689000000
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-8418000000
CY2023Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
804000000
CY2022Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-1889000000
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
3762000000
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-5326000000
CY2023Q2 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
8000000
CY2022Q2 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
3000000
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
14000000
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
4000000
CY2023Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
796000000
CY2022Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-1892000000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
3748000000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-5330000000
CY2022Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
51668000000
CY2022Q2 us-gaap Profit Loss
ProfitLoss
1534000000
CY2022Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-3423000000
CY2022Q2 us-gaap Dividends Preferred Stock
DividendsPreferredStock
59000000
CY2022Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.46
CY2022Q2 us-gaap Dividends Common Stock
DividendsCommonStock
687000000
CY2022Q2 usb Common And Treasury Stock Issued During Period Value New Issues
CommonAndTreasuryStockIssuedDuringPeriodValueNewIssues
1000000
CY2022Q2 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
1000000
CY2022Q2 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
2000000
CY2022Q2 usb Minority Interest Increase Decrease Net Other Changes
MinorityInterestIncreaseDecreaseNetOtherChanges
-5000000
CY2022Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
43000000
CY2022Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
49069000000
CY2023Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
53454000000
CY2023Q2 us-gaap Profit Loss
ProfitLoss
1369000000
CY2023Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-565000000
CY2023Q2 us-gaap Dividends Preferred Stock
DividendsPreferredStock
73000000
CY2023Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.48
CY2023Q2 us-gaap Dividends Common Stock
DividendsCommonStock
740000000
CY2023Q2 usb Common And Treasury Stock Issued During Period Value New Issues
CommonAndTreasuryStockIssuedDuringPeriodValueNewIssues
2000000
CY2023Q2 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
7000000
CY2023Q2 usb Minority Interest Increase Decrease Net Other Changes
MinorityInterestIncreaseDecreaseNetOtherChanges
-1000000
CY2023Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
45000000
CY2023Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
53484000000
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
55387000000
us-gaap Profit Loss
ProfitLoss
3092000000
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-8418000000
us-gaap Dividends Preferred Stock
DividendsPreferredStock
143000000
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.92
us-gaap Dividends Common Stock
DividendsCommonStock
1374000000
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
437000000
usb Common And Treasury Stock Issued During Period Value New Issues
CommonAndTreasuryStockIssuedDuringPeriodValueNewIssues
17000000
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
55000000
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
4000000
usb Minority Interest Increase Decrease Net Other Changes
MinorityInterestIncreaseDecreaseNetOtherChanges
-5000000
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
135000000
CY2022Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
49069000000
CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
51232000000
us-gaap Profit Loss
ProfitLoss
3073000000
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
689000000
us-gaap Dividends Preferred Stock
DividendsPreferredStock
171000000
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.96
us-gaap Dividends Common Stock
DividendsCommonStock
1480000000
usb Common And Treasury Stock Issued During Period Value New Issues
CommonAndTreasuryStockIssuedDuringPeriodValueNewIssues
8000000
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
44000000
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
14000000
usb Minority Interest Increase Decrease Net Other Changes
MinorityInterestIncreaseDecreaseNetOtherChanges
-1000000
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
146000000
CY2023Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
53484000000
us-gaap Net Income Loss
NetIncomeLoss
3059000000
us-gaap Net Income Loss
NetIncomeLoss
3088000000
us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
1248000000
us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
423000000
us-gaap Depreciation Nonproduction
DepreciationNonproduction
193000000
us-gaap Depreciation Nonproduction
DepreciationNonproduction
170000000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
319000000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
87000000
usb Gain Loss On Sale Of Loans Held For Sale
GainLossOnSaleOfLoansHeldForSale
-18000000
usb Gain Loss On Sale Of Loans Held For Sale
GainLossOnSaleOfLoansHeldForSale
-192000000
us-gaap Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
-24000000
us-gaap Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
67000000
us-gaap Payments For Origination And Purchases Of Loans Held For Sale
PaymentsForOriginationAndPurchasesOfLoansHeldForSale
14639000000
us-gaap Payments For Origination And Purchases Of Loans Held For Sale
PaymentsForOriginationAndPurchasesOfLoansHeldForSale
17325000000
us-gaap Proceeds From Sale Of Loans Held For Sale
ProceedsFromSaleOfLoansHeldForSale
14244000000
us-gaap Proceeds From Sale Of Loans Held For Sale
ProceedsFromSaleOfLoansHeldForSale
20564000000
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
-308000000
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
3594000000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
4158000000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
10726000000
us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
8135000000
us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
14797000000
us-gaap Proceeds From Maturities Prepayments And Calls Of Held To Maturity Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities
2995000000
us-gaap Proceeds From Maturities Prepayments And Calls Of Held To Maturity Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities
2407000000
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
3048000000
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
9665000000
us-gaap Payments To Acquire Held To Maturity Securities
PaymentsToAcquireHeldToMaturitySecurities
924000000
us-gaap Payments To Acquire Held To Maturity Securities
PaymentsToAcquireHeldToMaturitySecurities
6288000000
us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
2790000000
us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
18240000000
usb Payments For Proceeds From Loans Outstanding
PaymentsForProceedsFromLoansOutstanding
613000000
usb Payments For Proceeds From Loans Outstanding
PaymentsForProceedsFromLoansOutstanding
20072000000
us-gaap Proceeds From Sale Of Loans And Leases Held For Investment
ProceedsFromSaleOfLoansAndLeasesHeldForInvestment
5105000000
us-gaap Proceeds From Sale Of Loans And Leases Held For Investment
ProceedsFromSaleOfLoansAndLeasesHeldForInvestment
1671000000
us-gaap Payments To Acquire Loans And Leases Held For Investment
PaymentsToAcquireLoansAndLeasesHeldForInvestment
608000000
us-gaap Payments To Acquire Loans And Leases Held For Investment
PaymentsToAcquireLoansAndLeasesHeldForInvestment
1698000000
us-gaap Proceeds From Payments For Securities Purchased Under Agreements To Resell
ProceedsFromPaymentsForSecuritiesPurchasedUnderAgreementsToResell
-1443000000
us-gaap Proceeds From Payments For Securities Purchased Under Agreements To Resell
ProceedsFromPaymentsForSecuritiesPurchasedUnderAgreementsToResell
-154000000
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
1416000000
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
1604000000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
11489000000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-19516000000
us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
-3002000000
us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
11019000000
us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
551000000
us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
13167000000
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
7230000000
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
2206000000
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
1644000000
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
5154000000
us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
0
us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
437000000
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
6000000
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
16000000
us-gaap Payments For Repurchase Of Redeemable Preferred Stock
PaymentsForRepurchaseOfRedeemablePreferredStock
0
us-gaap Payments For Repurchase Of Redeemable Preferred Stock
PaymentsForRepurchaseOfRedeemablePreferredStock
1100000000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
44000000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
55000000
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
165000000
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
154000000
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
1479000000
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
1373000000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
1453000000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
19009000000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
17100000000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
10219000000
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
53542000000
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
28905000000
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
70642000000
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
39124000000
CY2023Q2 us-gaap Debt Securities Held To Maturity Amortized Cost After Allowance For Credit Loss
DebtSecuritiesHeldToMaturityAmortizedCostAfterAllowanceForCreditLoss
86938000000
CY2023Q2 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Gain
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain
0
CY2023Q2 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Loss
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss
10653000000
CY2023Q2 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
76285000000
CY2022Q4 us-gaap Debt Securities Held To Maturity Amortized Cost After Allowance For Credit Loss
DebtSecuritiesHeldToMaturityAmortizedCostAfterAllowanceForCreditLoss
88740000000
CY2022Q4 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Gain
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain
3000000
CY2022Q4 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Loss
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss
10869000000
CY2022Q4 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
77874000000
CY2023Q2 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
76888000000
CY2023Q2 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
15000000
CY2023Q2 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
7682000000
CY2023Q2 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
69221000000
CY2022Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
81450000000
CY2022Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
26000000
CY2022Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
8566000000
CY2022Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
72910000000
CY2023Q2 us-gaap Interest Income Securities Taxable
InterestIncomeSecuritiesTaxable
999000000
CY2022Q2 us-gaap Interest Income Securities Taxable
InterestIncomeSecuritiesTaxable
732000000
us-gaap Interest Income Securities Taxable
InterestIncomeSecuritiesTaxable
1993000000
us-gaap Interest Income Securities Taxable
InterestIncomeSecuritiesTaxable
1378000000
CY2023Q2 us-gaap Interest Income Securities Tax Exempt
InterestIncomeSecuritiesTaxExempt
78000000
CY2022Q2 us-gaap Interest Income Securities Tax Exempt
InterestIncomeSecuritiesTaxExempt
74000000
us-gaap Interest Income Securities Tax Exempt
InterestIncomeSecuritiesTaxExempt
158000000
us-gaap Interest Income Securities Tax Exempt
InterestIncomeSecuritiesTaxExempt
145000000
CY2023Q2 us-gaap Interest And Dividend Income Securities
InterestAndDividendIncomeSecurities
1077000000
CY2022Q2 us-gaap Interest And Dividend Income Securities
InterestAndDividendIncomeSecurities
806000000
us-gaap Interest And Dividend Income Securities
InterestAndDividendIncomeSecurities
2151000000
us-gaap Interest And Dividend Income Securities
InterestAndDividendIncomeSecurities
1523000000
CY2023Q2 us-gaap Debt Securities Available For Sale Realized Gain
DebtSecuritiesAvailableForSaleRealizedGain
5000000
CY2022Q2 us-gaap Debt Securities Available For Sale Realized Gain
DebtSecuritiesAvailableForSaleRealizedGain
144000000
us-gaap Debt Securities Available For Sale Realized Gain
DebtSecuritiesAvailableForSaleRealizedGain
65000000
us-gaap Debt Securities Available For Sale Realized Gain
DebtSecuritiesAvailableForSaleRealizedGain
386000000
CY2023Q2 us-gaap Debt Securities Available For Sale Realized Loss
DebtSecuritiesAvailableForSaleRealizedLoss
2000000
CY2022Q2 us-gaap Debt Securities Available For Sale Realized Loss
DebtSecuritiesAvailableForSaleRealizedLoss
125000000
us-gaap Debt Securities Available For Sale Realized Loss
DebtSecuritiesAvailableForSaleRealizedLoss
94000000
us-gaap Debt Securities Available For Sale Realized Loss
DebtSecuritiesAvailableForSaleRealizedLoss
349000000
CY2023Q2 us-gaap Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
3000000
CY2022Q2 us-gaap Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
19000000
us-gaap Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
-29000000
us-gaap Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
37000000
CY2023Q2 usb Debt Securities Available For Sale Realized Gain Loss Income Tax Expense Benefit
DebtSecuritiesAvailableForSaleRealizedGainLossIncomeTaxExpenseBenefit
1000000
CY2022Q2 usb Debt Securities Available For Sale Realized Gain Loss Income Tax Expense Benefit
DebtSecuritiesAvailableForSaleRealizedGainLossIncomeTaxExpenseBenefit
5000000
usb Debt Securities Available For Sale Realized Gain Loss Income Tax Expense Benefit
DebtSecuritiesAvailableForSaleRealizedGainLossIncomeTaxExpenseBenefit
-7000000
usb Debt Securities Available For Sale Realized Gain Loss Income Tax Expense Benefit
DebtSecuritiesAvailableForSaleRealizedGainLossIncomeTaxExpenseBenefit
9000000
CY2023Q2 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
8587000000
CY2023Q2 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
167000000
CY2023Q2 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
53638000000
CY2023Q2 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
7516000000
CY2023Q2 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
62225000000
CY2023Q2 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
7683000000
CY2023Q2 us-gaap Debt Securities Held To Maturity Allowance For Credit Loss
DebtSecuritiesHeldToMaturityAllowanceForCreditLoss
0
CY2023Q2 us-gaap Debt Securities Held To Maturity Amortized Cost After Allowance For Credit Loss
DebtSecuritiesHeldToMaturityAmortizedCostAfterAllowanceForCreditLoss
86938000000
CY2023Q2 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
76285000000
usb Debt Securities Held To Maturity Weighted Average Maturity Under Rolling Approach
DebtSecuritiesHeldToMaturityWeightedAverageMaturityUnderRollingApproach
P9Y1M6D
CY2023Q2 us-gaap Debt Securities Held To Maturity Weighted Average Yield
DebtSecuritiesHeldToMaturityWeightedAverageYield
0.0221
CY2023Q2 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
69221000000
usb Available For Sale Securities Weighted Average Maturities
AvailableForSaleSecuritiesWeightedAverageMaturities
P6Y9M18D
CY2023Q2 us-gaap Debt Securities Available For Sale Weighted Average Yield
DebtSecuritiesAvailableForSaleWeightedAverageYield
0.0309
CY2022 usb Weighted Average Maturity Of Total Held To Maturity Investment Securities
WeightedAverageMaturityOfTotalHeldToMaturityInvestmentSecurities
P9Y2M12D
CY2022Q4 us-gaap Debt Securities Held To Maturity Weighted Average Yield
DebtSecuritiesHeldToMaturityWeightedAverageYield
0.0218
CY2022 usb Available For Sale Securities Weighted Average Maturities
AvailableForSaleSecuritiesWeightedAverageMaturities
P7Y4M24D
CY2022Q4 us-gaap Debt Securities Available For Sale Weighted Average Yield
DebtSecuritiesAvailableForSaleWeightedAverageYield
0.0294
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2023Q2 usb Financing Receivable Revolving Write Off
FinancingReceivableRevolvingWriteOff
287000000
CY2023Q2 usb Financing Receivable Revolving Converted To Term Loan Write Off
FinancingReceivableRevolvingConvertedToTermLoanWriteOff
28000000
CY2023Q2 usb Financing Receivables Allowance For Credit Losses Write Offs
FinancingReceivablesAllowanceForCreditLossesWriteOffs
755000000
usb Financing Receivable Year One Originated Current Fiscal Year Write Off
FinancingReceivableYearOneOriginatedCurrentFiscalYearWriteOff
53000000
CY2023Q2 us-gaap Notes Receivable Gross
NotesReceivableGross
379428000000
usb Loans And Leases Receivable Net Of Deferred Income Percentage
LoansAndLeasesReceivableNetOfDeferredIncomePercentage
1
CY2022Q4 us-gaap Notes Receivable Gross
NotesReceivableGross
388213000000
CY2022 usb Loans And Leases Receivable Net Of Deferred Income Percentage
LoansAndLeasesReceivableNetOfDeferredIncomePercentage
1
CY2023Q2 usb Pledged Financial Instruments Not Separately Reported Loans Receivable Pledged For Federal Reserve Bank Debt
PledgedFinancialInstrumentsNotSeparatelyReportedLoansReceivablePledgedForFederalReserveBankDebt
87900000000
CY2022Q4 usb Pledged Financial Instruments Not Separately Reported Loans Receivable Pledged For Federal Reserve Bank Debt
PledgedFinancialInstrumentsNotSeparatelyReportedLoansReceivablePledgedForFederalReserveBankDebt
85800000000
CY2023Q2 us-gaap Loans And Leases Receivable Deferred Income
LoansAndLeasesReceivableDeferredIncome
2900000000
CY2022Q4 us-gaap Loans And Leases Receivable Deferred Income
LoansAndLeasesReceivableDeferredIncome
3100000000
usb Allowance For Individually Evaluated Loans
AllowanceForIndividuallyEvaluatedLoans
5000000
CY2023Q1 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
7523000000
CY2023Q2 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
821000000
CY2023Q2 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
755000000
CY2023Q2 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
106000000
CY2023Q2 usb Financing Receivable Allowanceforcreditlosswrite Off Net Ofrecovery
FinancingReceivableAllowanceforcreditlosswriteOffNetOfrecovery
649000000
CY2023Q2 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
7695000000
CY2022Q1 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
6105000000
CY2022Q2 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
311000000
CY2022Q2 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
276000000
CY2022Q2 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
115000000
CY2022Q2 usb Financing Receivable Allowanceforcreditlosswrite Off Net Ofrecovery
FinancingReceivableAllowanceforcreditlosswriteOffNetOfrecovery
161000000
CY2022Q2 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
6255000000
CY2022Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
7404000000
usb Financing Receivable Allowance For Credit Loss Change Due To Accounting Principle
FinancingReceivableAllowanceForCreditLossChangeDueToAccountingPrinciple
-62000000
us-gaap Allowance For Loan And Lease Losses Loans Acquired
AllowanceForLoanAndLeaseLossesLoansAcquired
127000000
us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
1248000000
us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
1224000000
us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
202000000
usb Financing Receivable Allowanceforcreditlosswrite Off Net Ofrecovery
FinancingReceivableAllowanceforcreditlosswriteOffNetOfrecovery
1022000000
CY2023Q2 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
7695000000
CY2021Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
6155000000
us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
423000000
us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
556000000
us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
233000000
usb Financing Receivable Allowanceforcreditlosswrite Off Net Ofrecovery
FinancingReceivableAllowanceforcreditlosswriteOffNetOfrecovery
323000000
CY2022Q2 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
6255000000
CY2023Q2 usb Financing Receivable Year One Originated Current Fiscal Year Write Off
FinancingReceivableYearOneOriginatedCurrentFiscalYearWriteOff
53000000
CY2023Q2 usb Financing Receivable Year Two Originated Fiscal Year Before Current Fiscal Year Write Off
FinancingReceivableYearTwoOriginatedFiscalYearBeforeCurrentFiscalYearWriteOff
123000000
CY2023Q2 usb Financing Receivable Year Three Originated Two Years Before Current Fiscal Year Write Off
FinancingReceivableYearThreeOriginatedTwoYearsBeforeCurrentFiscalYearWriteOff
72000000
CY2023Q2 usb Financing Receivable Year Four Originated Three Years Before Current Fiscal Year Write Off
FinancingReceivableYearFourOriginatedThreeYearsBeforeCurrentFiscalYearWriteOff
33000000
CY2023Q2 usb Financing Receivable Year Five Originated Four Years Before Current Fiscal Year Write Off
FinancingReceivableYearFiveOriginatedFourYearsBeforeCurrentFiscalYearWriteOff
30000000
CY2023Q2 usb Financing Receivable Originated More Than Five Years Before Current Fiscal Year Write Off
FinancingReceivableOriginatedMoreThanFiveYearsBeforeCurrentFiscalYearWriteOff
129000000
usb Financing Receivable Year Two Originated Fiscal Year Before Current Fiscal Year Write Off
FinancingReceivableYearTwoOriginatedFiscalYearBeforeCurrentFiscalYearWriteOff
227000000
usb Financing Receivable Year Three Originated Two Years Before Current Fiscal Year Write Off
FinancingReceivableYearThreeOriginatedTwoYearsBeforeCurrentFiscalYearWriteOff
87000000
usb Financing Receivable Year Four Originated Three Years Before Current Fiscal Year Write Off
FinancingReceivableYearFourOriginatedThreeYearsBeforeCurrentFiscalYearWriteOff
43000000
usb Financing Receivable Year Five Originated Four Years Before Current Fiscal Year Write Off
FinancingReceivableYearFiveOriginatedFourYearsBeforeCurrentFiscalYearWriteOff
46000000
usb Financing Receivable Originated More Than Five Years Before Current Fiscal Year Write Off
FinancingReceivableOriginatedMoreThanFiveYearsBeforeCurrentFiscalYearWriteOff
183000000
usb Financing Receivable Revolving Write Off
FinancingReceivableRevolvingWriteOff
557000000
usb Financing Receivable Revolving Converted To Term Loan Write Off
FinancingReceivableRevolvingConvertedToTermLoanWriteOff
28000000
usb Financing Receivables Allowance For Credit Losses Write Offs
FinancingReceivablesAllowanceForCreditLossesWriteOffs
1224000000
CY2023Q1 usb Financing Receivable Charge Offs Relating To Uncollectible Amount On Acquired Loans
FinancingReceivableChargeOffsRelatingToUncollectibleAmountOnAcquiredLoans
91000000
CY2023Q2 us-gaap Notes Receivable Gross
NotesReceivableGross
379428000000
CY2022Q4 us-gaap Notes Receivable Gross
NotesReceivableGross
388213000000
CY2023Q2 us-gaap Real Estate Acquired Through Foreclosure
RealEstateAcquiredThroughForeclosure
25000000
CY2022Q4 us-gaap Real Estate Acquired Through Foreclosure
RealEstateAcquiredThroughForeclosure
23000000
CY2023Q2 usb Real Estate Acquired Through Foreclosure Insured Or Guaranteed
RealEstateAcquiredThroughForeclosureInsuredOrGuaranteed
56000000
CY2022Q4 usb Real Estate Acquired Through Foreclosure Insured Or Guaranteed
RealEstateAcquiredThroughForeclosureInsuredOrGuaranteed
54000000
CY2023Q2 us-gaap Mortgage Loans In Process Of Foreclosure Amount
MortgageLoansInProcessOfForeclosureAmount
928000000
CY2022Q4 us-gaap Mortgage Loans In Process Of Foreclosure Amount
MortgageLoansInProcessOfForeclosureAmount
1100000000
CY2023Q2 us-gaap Notes Receivable Gross
NotesReceivableGross
379428000000
CY2022Q4 us-gaap Notes Receivable Gross
NotesReceivableGross
388213000000
CY2023Q2 usb Loans And Leases Receivable Outstanding Commitments
LoansAndLeasesReceivableOutstandingCommitments
780494000000
CY2022Q4 usb Loans And Leases Receivable Outstanding Commitments
LoansAndLeasesReceivableOutstandingCommitments
780670000000
CY2023Q2 usb Financing Receivable Excluding Accrued Interest Modified In Period Amount
FinancingReceivableExcludingAccruedInterestModifiedInPeriodAmount
1123000000
CY2023Q2 usb Financing Receivable Modification To Total Financing Receivables Percent
FinancingReceivableModificationToTotalFinancingReceivablesPercent
0.003
usb Financing Receivable Excluding Accrued Interest Modified In Period Amount
FinancingReceivableExcludingAccruedInterestModifiedInPeriodAmount
1879000000
usb Financing Receivable Modification To Total Financing Receivables Percent
FinancingReceivableModificationToTotalFinancingReceivablesPercent
0.005
CY2023Q2 us-gaap Loan Restructuring Trial Modifications Amount
LoanRestructuringTrialModificationsAmount
93000000
usb Financing Receivable Excluding Accrued Interest Modified In Period Excluding Forbearance Amount
FinancingReceivableExcludingAccruedInterestModifiedInPeriodExcludingForbearanceAmount
1368000000
CY2023Q2 usb Commitments To Lend Additional Funds
CommitmentsToLendAdditionalFunds
144000000
CY2023Q1 us-gaap Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
10705
CY2023Q1 us-gaap Financing Receivable Modifications Pre Modification Recorded Investment2
FinancingReceivableModificationsPreModificationRecordedInvestment2
286000000
CY2023Q1 us-gaap Financing Receivable Modifications Post Modification Recorded Investment2
FinancingReceivableModificationsPostModificationRecordedInvestment2
275000000
us-gaap Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
22520
us-gaap Financing Receivable Modifications Pre Modification Recorded Investment2
FinancingReceivableModificationsPreModificationRecordedInvestment2
705000000
us-gaap Financing Receivable Modifications Post Modification Recorded Investment2
FinancingReceivableModificationsPostModificationRecordedInvestment2
685000000
CY2023Q2 us-gaap Financing Receivable Modifications Subsequent Default Number Of Contracts1
FinancingReceivableModificationsSubsequentDefaultNumberOfContracts1
2163
CY2023Q2 us-gaap Financing Receivable Modifications Subsequent Default Recorded Investment1
FinancingReceivableModificationsSubsequentDefaultRecordedInvestment1
38000000
us-gaap Financing Receivable Modifications Subsequent Default Number Of Contracts1
FinancingReceivableModificationsSubsequentDefaultNumberOfContracts1
4180
us-gaap Financing Receivable Modifications Subsequent Default Recorded Investment1
FinancingReceivableModificationsSubsequentDefaultRecordedInvestment1
63000000
CY2023Q2 usb Residential Mortgage Loans Serviced For Others Including Subserviced Mortgages With No Corresponding Msrs Asset
ResidentialMortgageLoansServicedForOthersIncludingSubservicedMortgagesWithNoCorrespondingMsrsAsset
251600000000
CY2022Q4 usb Residential Mortgage Loans Serviced For Others Including Subserviced Mortgages With No Corresponding Msrs Asset
ResidentialMortgageLoansServicedForOthersIncludingSubservicedMortgagesWithNoCorrespondingMsrsAsset
243600000000
CY2023Q2 usb Gain Loss On Fair Value Changes Of Msrs Due To Changes In Valuation Assumptions And Derivatives Used To Economically Hedge Msrs
GainLossOnFairValueChangesOfMsrsDueToChangesInValuationAssumptionsAndDerivativesUsedToEconomicallyHedgeMsrs
-31000000
CY2022Q2 usb Gain Loss On Fair Value Changes Of Msrs Due To Changes In Valuation Assumptions And Derivatives Used To Economically Hedge Msrs
GainLossOnFairValueChangesOfMsrsDueToChangesInValuationAssumptionsAndDerivativesUsedToEconomicallyHedgeMsrs
13000000
usb Gain Loss On Fair Value Changes Of Msrs Due To Changes In Valuation Assumptions And Derivatives Used To Economically Hedge Msrs
GainLossOnFairValueChangesOfMsrsDueToChangesInValuationAssumptionsAndDerivativesUsedToEconomicallyHedgeMsrs
-42000000
usb Gain Loss On Fair Value Changes Of Msrs Due To Changes In Valuation Assumptions And Derivatives Used To Economically Hedge Msrs
GainLossOnFairValueChangesOfMsrsDueToChangesInValuationAssumptionsAndDerivativesUsedToEconomicallyHedgeMsrs
-16000000
CY2023Q2 us-gaap Contractually Specified Servicing Fees Late Fees And Ancillary Fees Earned In Exchange For Servicing Financial Assets
ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets
187000000
CY2022Q2 us-gaap Contractually Specified Servicing Fees Late Fees And Ancillary Fees Earned In Exchange For Servicing Financial Assets
ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets
186000000
us-gaap Contractually Specified Servicing Fees Late Fees And Ancillary Fees Earned In Exchange For Servicing Financial Assets
ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets
377000000
us-gaap Contractually Specified Servicing Fees Late Fees And Ancillary Fees Earned In Exchange For Servicing Financial Assets
ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets
371000000
CY2023Q1 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
3724000000
CY2022Q1 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
3432000000
CY2022Q4 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
3755000000
CY2021Q4 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
2953000000
CY2023Q2 us-gaap Servicing Asset At Fair Value Additions
ServicingAssetAtFairValueAdditions
1000000
CY2022Q2 us-gaap Servicing Asset At Fair Value Additions
ServicingAssetAtFairValueAdditions
3000000
us-gaap Servicing Asset At Fair Value Additions
ServicingAssetAtFairValueAdditions
2000000
us-gaap Servicing Asset At Fair Value Additions
ServicingAssetAtFairValueAdditions
6000000
CY2023Q2 usb Servicing Asset At Fair Value Rights Capitalized
ServicingAssetAtFairValueRightsCapitalized
99000000
CY2022Q2 usb Servicing Asset At Fair Value Rights Capitalized
ServicingAssetAtFairValueRightsCapitalized
102000000
usb Servicing Asset At Fair Value Rights Capitalized
ServicingAssetAtFairValueRightsCapitalized
195000000
usb Servicing Asset At Fair Value Rights Capitalized
ServicingAssetAtFairValueRightsCapitalized
339000000
CY2023Q2 usb Servicing Asset At Fair Value Rights Sold
ServicingAssetAtFairValueRightsSold
149000000
usb Servicing Asset At Fair Value Rights Sold
ServicingAssetAtFairValueRightsSold
148000000
usb Servicing Asset At Fair Value Rights Sold
ServicingAssetAtFairValueRightsSold
-1000000
CY2023Q2 usb Servicing Asset At Fair Value Changes In Fair Value Resulting From Fluctuations In Market Interest Rates
ServicingAssetAtFairValueChangesInFairValueResultingFromFluctuationsInMarketInterestRates
84000000
CY2022Q2 usb Servicing Asset At Fair Value Changes In Fair Value Resulting From Fluctuations In Market Interest Rates
ServicingAssetAtFairValueChangesInFairValueResultingFromFluctuationsInMarketInterestRates
289000000
usb Servicing Asset At Fair Value Changes In Fair Value Resulting From Fluctuations In Market Interest Rates
ServicingAssetAtFairValueChangesInFairValueResultingFromFluctuationsInMarketInterestRates
46000000
usb Servicing Asset At Fair Value Changes In Fair Value Resulting From Fluctuations In Market Interest Rates
ServicingAssetAtFairValueChangesInFairValueResultingFromFluctuationsInMarketInterestRates
657000000
CY2023Q2 us-gaap Asset At Fair Value Changes In Fair Value Resulting From Changes In Assumptions
AssetAtFairValueChangesInFairValueResultingFromChangesInAssumptions
-21000000
CY2022Q2 us-gaap Asset At Fair Value Changes In Fair Value Resulting From Changes In Assumptions
AssetAtFairValueChangesInFairValueResultingFromChangesInAssumptions
6000000
us-gaap Asset At Fair Value Changes In Fair Value Resulting From Changes In Assumptions
AssetAtFairValueChangesInFairValueResultingFromChangesInAssumptions
-16000000
us-gaap Asset At Fair Value Changes In Fair Value Resulting From Changes In Assumptions
AssetAtFairValueChangesInFairValueResultingFromChangesInAssumptions
-21000000
CY2023Q2 us-gaap Servicing Asset At Fair Value Other Changes In Fair Value
ServicingAssetAtFairValueOtherChangesInFairValue
-105000000
CY2022Q2 us-gaap Servicing Asset At Fair Value Other Changes In Fair Value
ServicingAssetAtFairValueOtherChangesInFairValue
-125000000
us-gaap Servicing Asset At Fair Value Other Changes In Fair Value
ServicingAssetAtFairValueOtherChangesInFairValue
-201000000
us-gaap Servicing Asset At Fair Value Other Changes In Fair Value
ServicingAssetAtFairValueOtherChangesInFairValue
-228000000
CY2023Q2 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
3633000000
CY2022Q2 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
3707000000
CY2023Q2 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
3633000000
CY2022Q2 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
3707000000
CY2022Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000
CY2023Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000
CY2023Q2 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
243510
CY2023Q2 us-gaap Preferred Stock Liquidation Preference Value
PreferredStockLiquidationPreferenceValue
7026000000
CY2023Q2 us-gaap Preferred Stock Discount On Shares
PreferredStockDiscountOnShares
218000000
CY2023Q2 us-gaap Preferred Stock Including Additional Paid In Capital Net Of Discount
PreferredStockIncludingAdditionalPaidInCapitalNetOfDiscount
6808000000
CY2022Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
243510
CY2022Q4 us-gaap Preferred Stock Liquidation Preference Value
PreferredStockLiquidationPreferenceValue
7026000000
CY2022Q4 us-gaap Preferred Stock Discount On Shares
PreferredStockDiscountOnShares
218000000
CY2022Q4 us-gaap Preferred Stock Including Additional Paid In Capital Net Of Discount
PreferredStockIncludingAdditionalPaidInCapitalNetOfDiscount
6808000000
CY2022Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
1
CY2023Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
1
CY2023Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-10153000000
CY2023Q2 usb Other Comprehensive Income Loss Unrealized Gain Loss Arising During Period Before Tax
OtherComprehensiveIncomeLossUnrealizedGainLossArisingDuringPeriodBeforeTax
-925000000
CY2023Q2 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax
19000000
CY2023Q2 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Before Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax
-147000000
CY2023Q2 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
-194000000
CY2023Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-10718000000
CY2022Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-6938000000
CY2022Q2 usb Other Comprehensive Income Loss Unrealized Gain Loss Arising During Period Before Tax
OtherComprehensiveIncomeLossUnrealizedGainLossArisingDuringPeriodBeforeTax
-4663000000
CY2022Q2 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax
-3000000
CY2022Q2 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Before Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax
-84000000
CY2022Q2 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
-1159000000
CY2022Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-10361000000
CY2022Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-11407000000
usb Other Comprehensive Income Loss Unrealized Gain Loss Arising During Period Before Tax
OtherComprehensiveIncomeLossUnrealizedGainLossArisingDuringPeriodBeforeTax
585000000
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax
18000000
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Before Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax
-305000000
us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
219000000
CY2023Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-10718000000
CY2021Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-1943000000
usb Other Comprehensive Income Loss Unrealized Gain Loss Arising During Period Before Tax
OtherComprehensiveIncomeLossUnrealizedGainLossArisingDuringPeriodBeforeTax
-11417000000
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax
-3000000
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Before Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax
-151000000
us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
-2851000000
CY2022Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-10361000000
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
1361000000
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
1531000000
us-gaap Net Income Loss
NetIncomeLoss
3059000000
us-gaap Net Income Loss
NetIncomeLoss
3088000000
CY2023Q2 us-gaap Dividends Preferred Stock
DividendsPreferredStock
73000000
CY2022Q2 us-gaap Dividends Preferred Stock
DividendsPreferredStock
59000000
us-gaap Dividends Preferred Stock
DividendsPreferredStock
171000000
us-gaap Dividends Preferred Stock
DividendsPreferredStock
143000000
CY2023Q2 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
7000000
CY2022Q2 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
8000000
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
15000000
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
15000000
CY2023Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
1281000000
CY2022Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
1464000000
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
2873000000
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
2930000000
CY2023Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
1533000000
CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
1486000000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
1532000000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
1485000000
CY2022Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1000000
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1000000
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1000000
CY2023Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
1533000000
CY2022Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
1487000000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
1533000000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
1486000000
CY2023Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.84
CY2022Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.99
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.87
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.97
CY2023Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.84
CY2022Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.99
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.87
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.97
CY2023Q2 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
263000000
CY2022Q2 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
221000000
us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
660000000
us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
625000000
CY2023Q2 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
33000000
CY2022Q2 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
107000000
us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
1000000
us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
5000000
CY2023Q2 us-gaap Federal Income Tax Expense Benefit Continuing Operations
FederalIncomeTaxExpenseBenefitContinuingOperations
296000000
CY2022Q2 us-gaap Federal Income Tax Expense Benefit Continuing Operations
FederalIncomeTaxExpenseBenefitContinuingOperations
328000000
us-gaap Federal Income Tax Expense Benefit Continuing Operations
FederalIncomeTaxExpenseBenefitContinuingOperations
661000000
us-gaap Federal Income Tax Expense Benefit Continuing Operations
FederalIncomeTaxExpenseBenefitContinuingOperations
630000000
CY2023Q2 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
119000000
CY2022Q2 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
89000000
us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
215000000
us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
178000000
CY2023Q2 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-33000000
CY2022Q2 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-3000000
us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-39000000
us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
3000000
CY2023Q2 us-gaap State And Local Income Tax Expense Benefit Continuing Operations
StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
86000000
CY2022Q2 us-gaap State And Local Income Tax Expense Benefit Continuing Operations
StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
86000000
us-gaap State And Local Income Tax Expense Benefit Continuing Operations
StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
176000000
us-gaap State And Local Income Tax Expense Benefit Continuing Operations
StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
181000000
CY2023Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
382000000
CY2022Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
414000000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
837000000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
811000000
CY2023Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Reclassification For Discontinuance Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeReclassificationForDiscontinuanceBeforeTax
-11000000
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Reclassification For Discontinuance Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeReclassificationForDiscontinuanceBeforeTax
-18000000
CY2022Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Reclassification For Discontinuance Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeReclassificationForDiscontinuanceBeforeTax
-10000000
CY2022Q2 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2023Q2 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2023Q2 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
368000000
CY2022Q2 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
409000000
us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
821000000
us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
820000000
CY2023Q2 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
83000000
CY2022Q2 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
84000000
us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
185000000
us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
168000000
CY2023Q2 us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
63000000
CY2022Q2 us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
46000000
us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
140000000
us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
152000000
CY2023Q2 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
41000000
CY2022Q2 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
29000000
us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
75000000
us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
57000000
CY2023Q2 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
35000000
CY2022Q2 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-4000000
us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
46000000
us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
32000000
CY2023Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
382000000
CY2022Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
414000000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
837000000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
811000000
CY2023Q2 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
6100000000
CY2022Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
6300000000
CY2023Q2 us-gaap Aoci Loss Cash Flow Hedge Cumulative Gain Loss After Tax
AociLossCashFlowHedgeCumulativeGainLossAfterTax
-294000000
CY2022Q4 us-gaap Aoci Loss Cash Flow Hedge Cumulative Gain Loss After Tax
AociLossCashFlowHedgeCumulativeGainLossAfterTax
-114000000
CY2023Q2 us-gaap Derivative Instruments Gain Loss Reclassification From Accumulated Oci To Income Estimated Net Amount To Be Transferred
DerivativeInstrumentsGainLossReclassificationFromAccumulatedOCIToIncomeEstimatedNetAmountToBeTransferred
-104000000
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Reclassification For Discontinuance Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeReclassificationForDiscontinuanceBeforeTax
-21000000
CY2023Q2 us-gaap Derivative Net Liability Position Aggregate Fair Value
DerivativeNetLiabilityPositionAggregateFairValue
2900000000
CY2023Q2 us-gaap Collateral Already Posted Aggregate Fair Value
CollateralAlreadyPostedAggregateFairValue
2400000000
CY2023Q2 us-gaap Derivative Notional Amount
DerivativeNotionalAmount
1800000000000
CY2023Q2 us-gaap Financial Assets Sold Under Agreements To Repurchase Gross Including Not Subject To Master Netting Arrangement
FinancialAssetsSoldUnderAgreementsToRepurchaseGrossIncludingNotSubjectToMasterNettingArrangement
2559000000
CY2023Q2 us-gaap Securities Loaned Including Not Subject To Master Netting Arrangement And Assets Other Than Securities Transferred
SecuritiesLoanedIncludingNotSubjectToMasterNettingArrangementAndAssetsOtherThanSecuritiesTransferred
182000000
CY2023Q2 us-gaap Secured Borrowings Gross Including Not Subject To Master Netting Arrangement
SecuredBorrowingsGrossIncludingNotSubjectToMasterNettingArrangement
2741000000
CY2022Q4 us-gaap Financial Assets Sold Under Agreements To Repurchase Gross Including Not Subject To Master Netting Arrangement
FinancialAssetsSoldUnderAgreementsToRepurchaseGrossIncludingNotSubjectToMasterNettingArrangement
1432000000
CY2022Q4 us-gaap Securities Loaned Including Not Subject To Master Netting Arrangement And Assets Other Than Securities Transferred
SecuritiesLoanedIncludingNotSubjectToMasterNettingArrangementAndAssetsOtherThanSecuritiesTransferred
120000000
CY2022Q4 us-gaap Secured Borrowings Gross Including Not Subject To Master Netting Arrangement
SecuredBorrowingsGrossIncludingNotSubjectToMasterNettingArrangement
1552000000
CY2023Q2 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
7365000000
CY2023Q2 us-gaap Derivative Asset Fair Value Gross Liability And Obligation To Return Cash Offset
DerivativeAssetFairValueGrossLiabilityAndObligationToReturnCashOffset
3295000000
CY2023Q2 usb Derivative Assets Subject To Master Netting Arrangement
DerivativeAssetsSubjectToMasterNettingArrangement
4070000000
CY2023Q2 us-gaap Derivative Asset Not Offset Policy Election Deduction
DerivativeAssetNotOffsetPolicyElectionDeduction
204000000
CY2023Q2 us-gaap Derivative Asset Fair Value Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election
DerivativeAssetFairValueOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection
3866000000
CY2023Q2 us-gaap Securities Purchased Under Agreements To Resell Gross
SecuritiesPurchasedUnderAgreementsToResellGross
1557000000
CY2023Q2 us-gaap Securities Purchased Under Agreements To Resell
SecuritiesPurchasedUnderAgreementsToResell
1557000000
CY2023Q2 us-gaap Securities Purchased Under Agreements To Resell Not Offset Policy Election Deduction
SecuritiesPurchasedUnderAgreementsToResellNotOffsetPolicyElectionDeduction
303000000
CY2023Q2 us-gaap Securities Purchased Under Agreements To Resell Collateral Obligation To Return Securities
SecuritiesPurchasedUnderAgreementsToResellCollateralObligationToReturnSecurities
1236000000
CY2023Q2 us-gaap Securities Purchased Under Agreements To Resell Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election
SecuritiesPurchasedUnderAgreementsToResellOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection
18000000
CY2023Q2 us-gaap Securities Borrowed Gross
SecuritiesBorrowedGross
1726000000
CY2023Q2 us-gaap Securities Borrowed
SecuritiesBorrowed
1726000000
CY2023Q2 us-gaap Securities Borrowed Collateral Obligation To Return Securities
SecuritiesBorrowedCollateralObligationToReturnSecurities
1670000000
CY2023Q2 us-gaap Securities Borrowed Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election
SecuritiesBorrowedOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection
56000000
CY2023Q2 us-gaap Derivative Asset Securities Purchased Under Agreements To Resell Securities Borrowed Gross
DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedGross
10648000000
CY2023Q2 us-gaap Derivative Asset Securities Purchased Under Agreements To Resell Securities Borrowed Liability
DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedLiability
3295000000
CY2023Q2 usb Derivative Asset Securities Purchased Under Agreements To Resell Securities Borrowed Subject To Master Netting Arrangement
DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedSubjectToMasterNettingArrangement
7353000000
CY2023Q2 us-gaap Derivative Asset Securities Purchased Under Agreements To Resell Securities Borrowed Not Offset Policy Election Deduction
DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedNotOffsetPolicyElectionDeduction
507000000
CY2023Q2 us-gaap Derivative Asset Securities Purchased Under Agreements To Resell Securities Borrowed Collateral Obligation To Return Securities
DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedCollateralObligationToReturnSecurities
2906000000
CY2023Q2 us-gaap Derivative Asset Securities Purchased Under Agreements To Resell Securities Borrowed Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election
DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection
3940000000
CY2022Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
7852000000
CY2022Q4 us-gaap Derivative Asset Fair Value Gross Liability And Obligation To Return Cash Offset
DerivativeAssetFairValueGrossLiabilityAndObligationToReturnCashOffset
5427000000
CY2022Q4 usb Derivative Assets Subject To Master Netting Arrangement
DerivativeAssetsSubjectToMasterNettingArrangement
2425000000
CY2022Q4 us-gaap Derivative Asset Not Offset Policy Election Deduction
DerivativeAssetNotOffsetPolicyElectionDeduction
231000000
CY2022Q4 us-gaap Derivative Collateral Obligation To Return Securities
DerivativeCollateralObligationToReturnSecurities
80000000
CY2022Q4 us-gaap Derivative Asset Fair Value Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election
DerivativeAssetFairValueOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection
2114000000
CY2022Q4 us-gaap Securities Purchased Under Agreements To Resell Gross
SecuritiesPurchasedUnderAgreementsToResellGross
107000000
CY2022Q4 us-gaap Securities Purchased Under Agreements To Resell
SecuritiesPurchasedUnderAgreementsToResell
107000000
CY2022Q4 us-gaap Securities Purchased Under Agreements To Resell Not Offset Policy Election Deduction
SecuritiesPurchasedUnderAgreementsToResellNotOffsetPolicyElectionDeduction
102000000
CY2022Q4 us-gaap Securities Purchased Under Agreements To Resell Collateral Obligation To Return Securities
SecuritiesPurchasedUnderAgreementsToResellCollateralObligationToReturnSecurities
5000000
CY2022Q4 us-gaap Securities Borrowed Gross
SecuritiesBorrowedGross
1606000000
CY2022Q4 us-gaap Securities Borrowed
SecuritiesBorrowed
1606000000
CY2022Q4 us-gaap Securities Borrowed Collateral Obligation To Return Securities
SecuritiesBorrowedCollateralObligationToReturnSecurities
1548000000
CY2022Q4 us-gaap Securities Borrowed Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election
SecuritiesBorrowedOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection
58000000
CY2022Q4 us-gaap Derivative Asset Securities Purchased Under Agreements To Resell Securities Borrowed Gross
DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedGross
9565000000
CY2022Q4 us-gaap Derivative Asset Securities Purchased Under Agreements To Resell Securities Borrowed Liability
DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedLiability
5427000000
CY2022Q4 usb Derivative Asset Securities Purchased Under Agreements To Resell Securities Borrowed Subject To Master Netting Arrangement
DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedSubjectToMasterNettingArrangement
4138000000
CY2022Q4 us-gaap Derivative Asset Securities Purchased Under Agreements To Resell Securities Borrowed Not Offset Policy Election Deduction
DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedNotOffsetPolicyElectionDeduction
333000000
CY2022Q4 us-gaap Derivative Asset Securities Purchased Under Agreements To Resell Securities Borrowed Collateral Obligation To Return Securities
DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedCollateralObligationToReturnSecurities
1633000000
CY2022Q4 us-gaap Derivative Asset Securities Purchased Under Agreements To Resell Securities Borrowed Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election
DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection
2172000000
CY2023Q2 us-gaap Derivative Asset Collateral Obligation To Return Cash Offset
DerivativeAssetCollateralObligationToReturnCashOffset
2700000000
CY2022Q4 us-gaap Derivative Asset Collateral Obligation To Return Cash Offset
DerivativeAssetCollateralObligationToReturnCashOffset
3000000000
CY2023Q2 us-gaap Derivative Asset Not Subject To Master Netting Arrangement
DerivativeAssetNotSubjectToMasterNettingArrangement
31000000
CY2022Q4 us-gaap Derivative Asset Not Subject To Master Netting Arrangement
DerivativeAssetNotSubjectToMasterNettingArrangement
20000000
CY2023Q2 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
10501000000
CY2023Q2 us-gaap Derivative Liability Fair Value Gross Asset And Right To Reclaim Cash Offset
DerivativeLiabilityFairValueGrossAssetAndRightToReclaimCashOffset
3037000000
CY2023Q2 usb Derivative Liabilities Subject To Master Netting Arrangement
DerivativeLiabilitiesSubjectToMasterNettingArrangement
7464000000
CY2023Q2 us-gaap Derivative Liability Not Offset Policy Election Deduction
DerivativeLiabilityNotOffsetPolicyElectionDeduction
204000000
CY2023Q2 us-gaap Derivative Liability Fair Value Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election
DerivativeLiabilityFairValueOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection
7260000000
CY2023Q2 us-gaap Securities Sold Under Agreements To Repurchase Gross
SecuritiesSoldUnderAgreementsToRepurchaseGross
2559000000
CY2023Q2 us-gaap Securities Sold Under Agreements To Repurchase
SecuritiesSoldUnderAgreementsToRepurchase
2559000000
CY2023Q2 us-gaap Securities Sold Under Agreements To Resell Not Offset Policy Election Deduction
SecuritiesSoldUnderAgreementsToResellNotOffsetPolicyElectionDeduction
303000000
CY2023Q2 us-gaap Securities Sold Under Agreements To Repurchase Collateral Right To Reclaim Securities
SecuritiesSoldUnderAgreementsToRepurchaseCollateralRightToReclaimSecurities
2256000000
CY2023Q2 us-gaap Securities Loaned Gross
SecuritiesLoanedGross
182000000
CY2023Q2 us-gaap Securities Loaned
SecuritiesLoaned
182000000
CY2023Q2 us-gaap Securities Loaned Collateral Right To Reclaim Securities
SecuritiesLoanedCollateralRightToReclaimSecurities
178000000
CY2023Q2 us-gaap Securities Loaned Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election
SecuritiesLoanedOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection
4000000
CY2023Q2 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Gross
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedGross
13242000000
CY2023Q2 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Asset
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedAsset
3037000000
CY2023Q2 usb Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Subject To Master Netting Arrangement
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedSubjectToMasterNettingArrangement
10205000000
CY2023Q2 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Not Offset Policy Election Deduction
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedNotOffsetPolicyElectionDeduction
507000000
CY2023Q2 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Collateral Right To Reclaim Securities
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedCollateralRightToReclaimSecurities
2434000000
CY2023Q2 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection
7264000000
CY2022Q4 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
10506000000
CY2022Q4 us-gaap Derivative Liability Fair Value Gross Asset And Right To Reclaim Cash Offset
DerivativeLiabilityFairValueGrossAssetAndRightToReclaimCashOffset
4551000000
CY2022Q4 usb Derivative Liabilities Subject To Master Netting Arrangement
DerivativeLiabilitiesSubjectToMasterNettingArrangement
5955000000
CY2022Q4 us-gaap Derivative Liability Not Offset Policy Election Deduction
DerivativeLiabilityNotOffsetPolicyElectionDeduction
231000000
CY2022Q4 us-gaap Derivative Liability Fair Value Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election
DerivativeLiabilityFairValueOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection
5724000000
CY2022Q4 us-gaap Securities Sold Under Agreements To Repurchase Gross
SecuritiesSoldUnderAgreementsToRepurchaseGross
1432000000
CY2022Q4 us-gaap Securities Sold Under Agreements To Repurchase
SecuritiesSoldUnderAgreementsToRepurchase
1432000000
CY2022Q4 us-gaap Securities Sold Under Agreements To Resell Not Offset Policy Election Deduction
SecuritiesSoldUnderAgreementsToResellNotOffsetPolicyElectionDeduction
102000000
CY2022Q4 us-gaap Securities Sold Under Agreements To Repurchase Collateral Right To Reclaim Securities
SecuritiesSoldUnderAgreementsToRepurchaseCollateralRightToReclaimSecurities
1325000000
CY2022Q4 us-gaap Securities Sold Under Agreements To Repurchase Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election
SecuritiesSoldUnderAgreementsToRepurchaseOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection
5000000
CY2022Q4 us-gaap Securities Loaned Gross
SecuritiesLoanedGross
120000000
CY2022Q4 us-gaap Securities Loaned
SecuritiesLoaned
120000000
CY2022Q4 us-gaap Securities Loaned Collateral Right To Reclaim Securities
SecuritiesLoanedCollateralRightToReclaimSecurities
118000000
CY2022Q4 us-gaap Securities Loaned Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election
SecuritiesLoanedOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection
2000000
CY2022Q4 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Gross
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedGross
12058000000
CY2022Q4 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Asset
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedAsset
4551000000
CY2022Q4 usb Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Subject To Master Netting Arrangement
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedSubjectToMasterNettingArrangement
7507000000
CY2022Q4 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Not Offset Policy Election Deduction
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedNotOffsetPolicyElectionDeduction
333000000
CY2022Q4 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Collateral Right To Reclaim Securities
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedCollateralRightToReclaimSecurities
1443000000
CY2022Q4 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection
5731000000
CY2023Q2 us-gaap Derivative Liability Collateral Right To Reclaim Cash Offset
DerivativeLiabilityCollateralRightToReclaimCashOffset
2400000000
CY2022Q4 us-gaap Derivative Liability Collateral Right To Reclaim Cash Offset
DerivativeLiabilityCollateralRightToReclaimCashOffset
2100000000
CY2023Q2 us-gaap Derivative Liability Not Subject To Master Netting Arrangement
DerivativeLiabilityNotSubjectToMasterNettingArrangement
148000000
CY2022Q4 us-gaap Derivative Liability Not Subject To Master Netting Arrangement
DerivativeLiabilityNotSubjectToMasterNettingArrangement
193000000
CY2023Q2 us-gaap Fair Value Option Changes In Fair Value Gain Loss1
FairValueOptionChangesInFairValueGainLoss1
-30000000
CY2022Q2 us-gaap Fair Value Option Changes In Fair Value Gain Loss1
FairValueOptionChangesInFairValueGainLoss1
-64000000
us-gaap Fair Value Option Changes In Fair Value Gain Loss1
FairValueOptionChangesInFairValueGainLoss1
-33000000
us-gaap Fair Value Option Changes In Fair Value Gain Loss1
FairValueOptionChangesInFairValueGainLoss1
-298000000
CY2023Q2 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
110000000
CY2022Q4 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
104000000
us-gaap Equity Securities Without Readily Determinable Fair Value Impairment Loss Annual Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueImpairmentLossAnnualAmount
5000000
CY2023Q2 us-gaap Equity Securities Without Readily Determinable Fair Value Impairment Loss Cumulative Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueImpairmentLossCumulativeAmount
5000000
CY2023Q2 us-gaap Mortgages Held For Sale Fair Value Disclosure
MortgagesHeldForSaleFairValueDisclosure
2280000000
CY2023Q2 usb Fair Value Option Loans Held As Assets Aggregate Unpaid Principal
FairValueOptionLoansHeldAsAssetsAggregateUnpaidPrincipal
2277000000
CY2023Q2 us-gaap Fair Value Option Aggregate Differences Loans And Long Term Receivables
FairValueOptionAggregateDifferencesLoansAndLongTermReceivables
3000000
CY2022Q4 us-gaap Mortgages Held For Sale Fair Value Disclosure
MortgagesHeldForSaleFairValueDisclosure
1849000000
CY2022Q4 usb Fair Value Option Loans Held As Assets Aggregate Unpaid Principal
FairValueOptionLoansHeldAsAssetsAggregateUnpaidPrincipal
1848000000
CY2022Q4 us-gaap Fair Value Option Aggregate Differences Loans And Long Term Receivables
FairValueOptionAggregateDifferencesLoansAndLongTermReceivables
1000000
CY2023Q2 us-gaap Fair Value Option Loans Held As Assets Aggregate Amount In Nonaccrual Status
FairValueOptionLoansHeldAsAssetsAggregateAmountInNonaccrualStatus
1000000
CY2023Q2 usb Fair Value Option Loans Held As Assets Aggregate Amount In Nonaccrual Status Aggregate Unpaid Principal
FairValueOptionLoansHeldAsAssetsAggregateAmountInNonaccrualStatusAggregateUnpaidPrincipal
1000000
CY2023Q2 us-gaap Fair Value Option Loans Held As Assets Aggregate Amount In Nonaccrual Status Aggregated Difference
FairValueOptionLoansHeldAsAssetsAggregateAmountInNonaccrualStatusAggregatedDifference
0
CY2022Q4 us-gaap Fair Value Option Loans Held As Assets Aggregate Amount In Nonaccrual Status
FairValueOptionLoansHeldAsAssetsAggregateAmountInNonaccrualStatus
1000000
CY2022Q4 usb Fair Value Option Loans Held As Assets Aggregate Amount In Nonaccrual Status Aggregate Unpaid Principal
FairValueOptionLoansHeldAsAssetsAggregateAmountInNonaccrualStatusAggregateUnpaidPrincipal
1000000
CY2022Q4 us-gaap Fair Value Option Loans Held As Assets Aggregate Amount In Nonaccrual Status Aggregated Difference
FairValueOptionLoansHeldAsAssetsAggregateAmountInNonaccrualStatusAggregatedDifference
0
CY2023Q2 us-gaap Fair Value Option Loans Held As Assets90 Days Or More Past Due
FairValueOptionLoansHeldAsAssets90DaysOrMorePastDue
3000000
CY2023Q2 usb Fair Value Option Loans Held As Assets Ninety Days Or More Past Due Aggregate Unpaid Principal
FairValueOptionLoansHeldAsAssetsNinetyDaysOrMorePastDueAggregateUnpaidPrincipal
3000000
CY2023Q2 us-gaap Fair Value Option Loans Held As Assets90 Days Or More Past Due Aggregate Difference
FairValueOptionLoansHeldAsAssets90DaysOrMorePastDueAggregateDifference
0
CY2022Q4 us-gaap Fair Value Option Loans Held As Assets90 Days Or More Past Due
FairValueOptionLoansHeldAsAssets90DaysOrMorePastDue
1000000
CY2022Q4 usb Fair Value Option Loans Held As Assets Ninety Days Or More Past Due Aggregate Unpaid Principal
FairValueOptionLoansHeldAsAssetsNinetyDaysOrMorePastDueAggregateUnpaidPrincipal
1000000
CY2022Q4 us-gaap Fair Value Option Loans Held As Assets90 Days Or More Past Due Aggregate Difference
FairValueOptionLoansHeldAsAssets90DaysOrMorePastDueAggregateDifference
0
CY2023Q2 usb Unfunded Commitments Deferred Non Yield Related Loan Fees And Standby Letters Of Credit Carrying Value
UnfundedCommitmentsDeferredNonYieldRelatedLoanFeesAndStandbyLettersOfCreditCarryingValue
564000000
CY2022Q4 usb Unfunded Commitments Deferred Non Yield Related Loan Fees And Standby Letters Of Credit Carrying Value
UnfundedCommitmentsDeferredNonYieldRelatedLoanFeesAndStandbyLettersOfCreditCarryingValue
498000000
CY2023Q2 usb Other Guarantees Carrying Value Excluding Standby Letters Of Credit
OtherGuaranteesCarryingValueExcludingStandbyLettersOfCredit
207000000
CY2022Q4 usb Other Guarantees Carrying Value Excluding Standby Letters Of Credit
OtherGuaranteesCarryingValueExcludingStandbyLettersOfCredit
241000000
CY2023Q2 usb Lease Revenue
LeaseRevenue
186000000
CY2022Q2 usb Lease Revenue
LeaseRevenue
188000000
usb Lease Revenue
LeaseRevenue
369000000
usb Lease Revenue
LeaseRevenue
392000000

Files In Submission

Name View Source Status
0001193125-23-204050-index-headers.html Edgar Link pending
0001193125-23-204050-index.html Edgar Link pending
0001193125-23-204050.txt Edgar Link pending
0001193125-23-204050-xbrl.zip Edgar Link pending
d425808d10q.htm Edgar Link pending
d425808dex311.htm Edgar Link pending
d425808dex312.htm Edgar Link pending
d425808dex32.htm Edgar Link pending
Financial_Report.xlsx Edgar Link pending
g425808g02g02.jpg Edgar Link pending
g425808g09f17.jpg Edgar Link pending
g425808g75y16.jpg Edgar Link pending
g425808g76j65.jpg Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R100.htm Edgar Link pending
R101.htm Edgar Link pending
R102.htm Edgar Link pending
R103.htm Edgar Link pending
R104.htm Edgar Link pending
R105.htm Edgar Link pending
R106.htm Edgar Link pending
R107.htm Edgar Link pending
R108.htm Edgar Link pending
R109.htm Edgar Link pending
R11.htm Edgar Link pending
R110.htm Edgar Link pending
R111.htm Edgar Link pending
R112.htm Edgar Link pending
R113.htm Edgar Link pending
R114.htm Edgar Link pending
R115.htm Edgar Link pending
R116.htm Edgar Link pending
R117.htm Edgar Link pending
R118.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
d425808d10q_htm.xml Edgar Link completed
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.htm Edgar Link pending
R7.htm Edgar Link pending
R70.htm Edgar Link pending
R71.htm Edgar Link pending
R72.htm Edgar Link pending
R73.htm Edgar Link pending
R74.htm Edgar Link pending
R75.htm Edgar Link pending
R76.htm Edgar Link pending
R77.htm Edgar Link pending
R78.htm Edgar Link pending
R79.htm Edgar Link pending
R8.htm Edgar Link pending
R80.htm Edgar Link pending
R81.htm Edgar Link pending
R82.htm Edgar Link pending
R83.htm Edgar Link pending
R84.htm Edgar Link pending
R85.htm Edgar Link pending
R86.htm Edgar Link pending
R87.htm Edgar Link pending
R88.htm Edgar Link pending
R89.htm Edgar Link pending
R9.htm Edgar Link pending
R90.htm Edgar Link pending
R91.htm Edgar Link pending
R92.htm Edgar Link pending
R93.htm Edgar Link pending
R94.htm Edgar Link pending
R95.htm Edgar Link pending
R96.htm Edgar Link pending
R97.htm Edgar Link pending
R98.htm Edgar Link pending
R99.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
usb-20230630.xsd Edgar Link pending
usb-20230630_lab.xml Edgar Link unprocessable
usb-20230630_pre.xml Edgar Link unprocessable
FilingSummary.xml Edgar Link unprocessable
usb-20230630_cal.xml Edgar Link unprocessable
usb-20230630_def.xml Edgar Link unprocessable