Company: USB-PA
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0000036104-25-000064
Chunk: 215

Company: US BANCORP \DE\
Filing Date: 2025-11-05
Form: 10-Q
Chunk 215
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            |     — |     |   |     — |
| Credit contracts                 |     |                    |    14,015 |          |            |     1 |             |   |     3 |        |                   |    13,670 |             |            |     — |     |   |     3 |
| Total                            |     | $                  | 1,308,688 |          | $          | 6,653 |             | $ | 6,711 |        | $                 | 1,181,606 |             | $          | 6,162 |     | $ | 7,939 |

(a) Primarily represents floating rate interest rate swaps that pay based on differentials between specified interest rate indexes.

| U.S. Bancorp |     | 59 |

The table below shows the effective portion of the gains (losses) recognized in other comprehensive income (loss) and the gains (losses) reclassified from other comprehensive income (loss) into earnings (net-of-tax):

| (Dollars in Millions)                    
 Asset and Liability Management Positions 
 Cash flow hedges                         |     | Three Months Ended September 30                                
 Gains (Losses) Recognized in Other Comprehensive Income (Loss) |    | 2025 |   |     | 2024 | Gains (Losses) Reclassified from Other Comprehensive Income (Loss) into Earnings |     | 2025 |   |     | 2024 | Nine Months Ended September 30                                 
 Gains (Losses) Recognized in Other Comprehensive Income (Loss) |      | 2025 |   |     | 2024 | Gains (Losses) Reclassified from Other Comprehensive Income (Loss) into Earnings |      | 2025 |   |      | 2024 |
|:-----------------------------------------|:----|:---------------------------------------------------------------|---:|:-----|:--|----:|:-----|:---------------------------------------------------------------------------------|----:|:-----|:--|----:|:-----|:---------------------------------------------------------------|-----:|:-----|:--|----:|:-----|:---------------------------------------------------------------------------------|-----:|:-----|:--|-----:|:-----|
| Interest rate contracts                  |     | $                                                              | -4 |      | $ | 342 |      | $                                                                                | -49 |      | $ | -57 |      | $                                                              |  323 |      | $ |