Company: USB-PA
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0000036104-25-000064
Chunk: 61

Company: US BANCORP \DE\
Filing Date: 2025-11-05
Form: 10-Q
Item: Item 8
Chunk 61
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693.75 and $843.75, respectively.

(d)Reflects dividends declared per share on the Company’s Series A, Series B, Series J, Series K, Series L, Series M, Series N and Series O Non-Cumulative Perpetual Preferred Stock of $4,226.604, $977.026, $1,325.00, $1,031.25, $703.125, $750.00, $693.75 and $843.75, respectively.

See Notes to Consolidated Financial Statements. 

34U.S. Bancorp

U.S. Bancorp 

Consolidated Statement of Cash Flows 

(Dollars in Millions) (Unaudited)Nine Months EndedSeptember 3020252024Operating ActivitiesNet income attributable to U.S. Bancorp$5,525 $4,636 Adjustments to reconcile net income to net cash provided by operating activitiesProvision for credit losses1,609 1,678 Depreciation and amortization of premises and equipment276 271 Amortization of intangibles372 430 (Gain) loss on sales of loans held for sale(186)(32)(Gain) loss on sales of securities and other assets14 138 Loans originated for sale, net of repayments(15,532)(17,898)Proceeds from sales of loans held for sale15,523 16,756 Other, net(2,467)528 Net cash provided by operating activities5,134 6,507 Investing ActivitiesProceeds from sales of available-for-sale investment securities5,608 9,867 Proceeds from maturities of held-to-maturity investment securities5,323 4,651 Proceeds from maturities of available-for-sale investment securities4,440 4,537 Purchases of held-to-maturity investment securities(3,211)(226)Purchases of available-for-sale investment securities(10,690)(23,185)Net increase in loans outstanding(9,676)(1,535)Proceeds from sales of loans6,641 338 Purchases of loans(1,175)(795)Net decrease (increase) in securities purchased under agreements to resell1,041 (3,914)Net cash paid for acquisitions(35)(103)Other, net(1,954)(1,294)Net cash used in investing activities(3,688)(11,659)Financing ActivitiesNet