Company: USB-PA
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0000036104-25-000055
Chunk: 61

Company: US BANCORP \DE\
Filing Date: 2025-08-07
Form: 10-Q
Item: Item 8
Chunk 61
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135, $662.50, $687.50, $468.75, $500.00, $462.50 and $562.50, respectively.

See Notes to Consolidated Financial Statements. 

34U.S. Bancorp

U.S. Bancorp 

Consolidated Statement of Cash Flows 

(Dollars in Millions) (Unaudited)Six Months EndedJune 3020252024Operating ActivitiesNet income attributable to U.S. Bancorp$3,524 $2,922 Adjustments to reconcile net income to net cash provided by operating activitiesProvision for credit losses1,038 1,121 Depreciation and amortization of premises and equipment185 182 Amortization of intangibles247 288 (Gain) loss on sales of loans held for sale(108)(71)(Gain) loss on sales of securities and other assets15 15 Loans originated for sale, net of repayments(9,847)(10,725)Proceeds from sales of loans held for sale9,839 10,069 Other, net(3,147)1,734 Net cash provided by operating activities1,746 5,535 Investing ActivitiesProceeds from sales of available-for-sale investment securities3,525 648 Proceeds from maturities of held-to-maturity investment securities3,652 2,973 Proceeds from maturities of available-for-sale investment securities2,860 2,949 Purchases of held-to-maturity investment securities(2,620)(156)Purchases of available-for-sale investment securities(9,478)(14,085)Net increase in loans outstanding(7,168)(3,063)Proceeds from sales of loans6,518 248 Purchases of loans(696)(567)Net decrease (increase) in securities purchased under agreements to resell922 (1,842)Other, net(1,433)(386)Net cash used in investing activities(3,918)(13,281)Financing ActivitiesNet increase in deposits409 11,473 Net (decrease) increase in short-term borrowings(479)1,278 Proceeds from issuance of long-term debt9,327 4,947 Principal payments or redemption of long-term debt(3,750)(3,552)Proceeds from issuance of common stock22 14 Repurchase of common stock(266)(50)Cash dividends paid on preferred